Technology

About 64% of borrowers would like loans to be closed in three weeks, according to Arizent research.

As interest rates rise, pressure to deliver a better customer experience is becoming more intense

The San Francisco-based company recently raised $14 million in Series A funding and closed more than $400 million in sales in the first quarter.

NMN rounds up the latest technology launches and partnerships between fintechs and lenders.

While declining to comment on the pending Black Knight transaction and reporting a decline in earnings from the first quarter, management remains bullish on the home lending business.

The commission alleged that the company falsely told customers that they would make more money by selling to the company than it would on the open market.

Silvio Tavares, the credit score company’s relatively new leader, is honing its models to be more inclusive, for instance by taking into account rent payment data and bank account data. 

In exclusive new research, lender representatives reported an overall strong relationship with technology compared to bankers, insurers and wealth managers.

Emerging mortgage bankers can achieve a competitive advantage against big-box lenders by prioritizing a digital-forward mortgage business, writes the CEO of Click N' Close.

Historical statistics examined by Standard & Poor’s suggest the two servicing trends, which widespread use of forbearance intensified and highlighted in the past two years, may have some staying power.