Technology

Even as digital mortgage availability make it easier for Americans to navigate the process, many would-be buyers are struggling to afford a home.

Steeper rate declines contributed to a deeper quarterly net loss at Ocwen Financial, forcing it to extend its timeline for returning to profitability.

Banks need to mitigate potential bias in algorithmic predictive models using artificial intelligence, as regulators are weighing how to oversee the emerging technology.

Discover Bank is approaching $1 billion in home equity-related receivables, a milestone for the six-year-old home-loan division that aims to rework the lending process for both its customers and loan officers.

Mortgage servicer customer satisfaction levels are among the lowest of any industry as more companies prioritize cost-cutting, regulation and default management over their borrowers, according to J.D. Power.

Loan officers' jobs are harder than they need to be because of back-end system inefficiencies, and it adds cost to the process.

Lenders looking to keep up with the competition should adopt a digital mortgage process because a key borrower segment and the government-sponsored enterprises increasingly expect them to offer one.

MISMO released an updated set of remote online notarization standards to create consistency among industry practices and state laws as mortgage lenders continue to make strides with electronic closings.

Title insurers benefited from the increase in origination volume — especially refinancings — during the second quarter, as open order counts increased compared with one year prior.

The real estate industry may soon find out whether house hunters will look for homes in the place where they already shop for everything else.