How B of A streamlined its digital mortgage
The bank pared down its application to 50 questions and allows customers to do the easy work before turning it to the loan officer. ... Read full article
News Topic: Digital Mortgage Conference
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How AI virtual assistants (like Alexa) could reshape mortgages
An AI-powered virtual assistant could be used in a variety of ways, including helping customers to prequalify for mortgages, easing compliance and detecting problems. ... Read full article
How to develop relationships with Realtors in a purchase market
To help close deals, there are steps online lenders can take to establish a quick and personal connection with real estate agents. ... Read full article
A Maine community bank takes plunge into digital mortgages
Stephen Sessler, the director of mortgage banking at the $4 billion-asset Camden National Bank, provides other lenders a peek at the benefits and pitfalls of digital mortgages. ... Read full article
Sindeo investor saves fintech mortgage broker from going under
Tech-savvy mortgage broker Sindeo is back in business, following an acquisition by Renren, a Chinese social media company and an investor in U.S.-based fintech firms including Social Finance and LendingHome. ... Read full article
Banks' struggles in mortgage business linked to outdated technology
It's not only regulation that is hurting profitability, but also banks' failure to adapt to the internet age, according to a recent study. ... Read full article