Former ICE, Sagent, and Ellie Mae executive joins mortgage tech provider to spearhead product development of the company’s Empower software and digital products.
Read More »Borrower Demand Driving the Digital Mortgage Revolution
Souren Sarkar of Nexval, a 25-year industry veteran, shares his insight on how digital advances will change the industry’s workflow and keep customers happy.
Read More »Patrick McClain Joins FirstClose Team
FirstClose, a provider of technology solutions for mortgage lenders nationwide, announced the appointment of Patrick McClain as CFO and COO this week.
Read More »Clarifire & SoftWorks AI Work Together to Provide State-of-the-Art Automation
Through this partnership, the companies announced they will address the ever-growing challenges of manual data input from documents and exception management.
Read More »Disparate Mortgage Tech, LOS Platforms Hold Lenders Back
A white paper released on Thursday claims the emergence of the Loan Originations System (LOS) as a stand-alone product has led to “technology sprawl,” wherein mortgage tech platforms are disparate, disconnected, and overall less effective. According to the paper, titled “Reducing the Sprawl in Mortgage Lending,” the mortgage industry is plagued by disconnected technology that slows the process down—and cuts into the bottom line. Lenders should move toward a singular, more comprehensive LOS that can handle the mortgage process from cradle to grave, the paper reports.
Read More »Ally Bank Introduces Direct-to-Consumer Mortgage System
Ally Home will offer a variety of mortgage servicing products to assist homebuyers in the loan process.
Read More »Freddie Mac Releases List of Confirmed eMortgage Dealers
Four companies were approved to use Freddie Mac’s eNote technology, and two companies are currently under review.
Read More »Mortgage Technology’s Winning Formula
Commentary is an ongoing series on theMReport.com that focuses on opinions, ideas, and insights from experts across mortgage banking. Mike Flores, VP Sales & Marketing at Snapdocs Inc., explains how augmentation and automation is key for the mortgage industry, especially when there’s zero room for error due to regulatory and revenue risk.
Read More »5 Reasons You Need Tech in Your Real Estate Business
Technology is becoming one of the single most important aspects and drivers of growth in the housing industry. Originators, servicers, investors, and others in real estate need to ensure that they are implementing different technologies within their businesses.
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