Technology

The filing of fraudulent mortgage applications is on the rise. On the surface, it appears as if risk mitigation solutions are not working properly. But vendors and even some lenders disagree.

The new integration will provide lenders with a no-touch mechanism for ordering and delivering IRS tax transcripts.

Mortgage lenders, servicers and banks need to follow how court procedures for admitting evidence are updated when developing technology systems.

Purchasing homes from Zillow has been fueled by huge resets in home prices since market peak, historically low mortgage rates and an improving economy.

Lenders should inform borrowers they will receive electronic disclosures as early on in the process as possible so they know to be on the lookout for them, which has the dual benefit of reducing compliance risk and improving the process for consumers.

New and resale houses and condominiums sold statewide in October were up about 1% from the prior month.

With the new compliance requirements and rules from government entities including the Consumer Finance Protection Bureau, we have now stepped into the age of a new normal.

October marked the 16th consecutive month where scheduled judicial foreclosure auctions increased from a year ago.

Bank of America has created a technology platform to better connect mortgage holders to customer service employees when those customers fall into delinquency.

It is their corporate culture which sets Quicken apart—but that culture is what others can copy.