Mortgage technology

U.S. Bancorp’s mortgage growth a good sign for banking

10/16/19

The Minneapolis company attributed the uptick to new tech tools, additional loan officers and other process improvements — not to mention the refi boom fueled by lower rates. It’s a formula other banks are expected to copy.

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Freddie Mac launches mortgage data app for lenders

09/18/19

The mortgage industry has put more emphasis on organizing data in a digital manner and presenting it in an easily digestible format.

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Lower FICOs, higher DTIs prompt a change in FHA loan underwriting

03/18/19

The Federal Housing Administration is returning to manual reviews of higher-risk loans it insures because it's finding that a growing share have lower credit scores, higher debt-to-income ratios, or both.

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24 million mortgage documents exposed in data security lapse

01/23/19

A security lapse left millions of mortgage records exposed online without proper data protections, according to security researchers.

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Blend hires ex-Fannie CEO Mayopoulos as president

01/22/19

Timothy Mayopoulos is back in the mortgage industry, becoming the new president of the digital mortgage technology developer Blend, months after leaving his post as Fannie Mae’s CEO.

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Imagining banking without keyboards, apps or screens

12/13/18

Augmented devices and automation will push banking services beyond the current mobile phone delivery model into a virtual world — but how, exactly? Bank of America, Wells Fargo and others are trying to find out.

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Welcome, overlords. Coffee's down the hall

09/19/18

AI and blockchain technology are going to change the financial services business. How much? Steve Brown, aka "The Bald Futurist" suspects you're underestimating.

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Quicken Loans’ prescription for mortgage lenders

09/18/18

Bill Emerson, the vice chairman of Quicken Loans, said mortgage lenders need to give time to consider innovation and not be deterred by naysayers.

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SunTrust's Elliott on partnership relationships

09/18/18

It's good advice in any relationship context. SunTrust's Bryce Elliott wants transparency from his technology partners. "It's OK to tell me no."

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How B of A streamlined its digital mortgage

09/18/18

The bank pared down its application to 50 questions and allows customers to do the easy work before turning it to the loan officer.

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