Technology

Our industry is a complex system and there are a lot of pipes carrying a lot of information.

Xerox has restructured its signature lending platform to facilitate data exchanges between lenders, servicers, investors and third parties.

From smartphones and tablets to social networking, technology infiltrated the way we live so immensely it is hard to imagine not having them constantly at our fingertips.

The more regulators look into borrower complaints as an indicator of servicing quality, the more servicers are bound to expand borrower-related datasets and behavioral analytics to minimize loan default risk.

We're hearing despite all the progress the mortgage industry has made in going paperless, it's perhaps more than a little ironic that the most important event in the mortgage process is still largely a paper-driven affair.

DocMagic has launched BorrowerMobile, an application that allows tablets or smartphones to be used for consumer-lender communication.

Single-family starts fell to a 619,000 seasonally adjusted annual rate in March from a 650,000 rate in February.

The default rate on first mortgage loans improved seven basis points between February and March, with second mortgages improving by two basis points.

The number of U.S. jurisdictions that are electronically recording land and mortgage documents saw a major increase in the past 11 months jumping to 900 counties.

Kroll Factual Data said it saw a 1.6% average decrease nationwide regarding possible fraud in applications it processed in 4Q12 when compared with 3Q12.