Technology

Culture scores at the lender are equal or higher than before lockdown.

With no way of knowing just how many borrowers will need the mods after the coronavirus forbearance period ends, lenders are deploying artificial intelligence and servicing protocols to tame the ferocious piles of paperwork awaiting them.

Coronavirus-related remote work has elevated the need to find a dedicated source of funding for managing and developing real estate finance industry data standards, according to the Mortgage Bankers Association.

The social distancing related limitations on home appraisals is inspiring some companies to find new ways to advance the process.

The temporary approval of remote ink-signed notarizations gives mortgage companies another tool for closing deals during coronavirus lockdown.

The company will still offer the product it is most known for, Point.

With the recent acceleration to cloud computing, how can mortgage companies, who constantly deal with sensitive personal information, maintain safety?

The funds will allow the company to make further investment in its machine language technology.

To deal with the crunch, servicers should combine cloud and digital workflow automation technologies.

Other safety measures taken to protect settlement agents and consumers include drive-up closings and overnight mail.