Quicken Loans’ prescription for mortgage lenders
Bill Emerson, the vice chairman of Quicken Loans, said mortgage lenders need to give time to consider innovation and not be deterred by naysayers. ... Read full article
Bill Emerson, the vice chairman of Quicken Loans, said mortgage lenders need to give time to consider innovation and not be deterred by naysayers. ... Read full article
The migration to digital may change the way loan officers work, but it won't make them less essential: BofA Consumer Lending SVP John Schleck. ... Read full article
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
At Digital Mortgage 2018, Bill Emerson, the vice chairman of Quicken Loans and its parent company Rock Holdings, outlined a vision of dramatic digital disintermediation. ... Read full article
Ellie Mae EVP Joe Tyrrell talks customer acquisition strategy. Crafting a personalized consumer experience, he says, starts with data. ... Read full article
Shifting to digital processes requires rethinking staffing levels and responsibilities. Mid-America Mortgage CEO Jeffrey Bode outlines how his company has adjusted. ... Read full article
LoanDepot's CEO Anthony Hsieh delivered a bracing message to mortgage lenders on Monday — strong new competitors are coming into this market, so they need to expand their offerings. ... Read full article
Loan officers whose habits are attuned to the refi market need to improve their relationship game to make it in this business, NBKC Bank's Dan Stevens told attendees at Digital Mortgage 2018. ... Read full article
Customers are increasingly demanding that their mortgage providers provide more than loans; they want help finding a realtor and handling all the pieces of the mortgage process, said Anthony Hsieh, CEO of Loan Depot, during the opening keynote at Digital ... Read full article
Banks aren’t the only ones that need to keep pace with digital innovation — government agencies must also work to stay relevant. ... Read full article
The administration’s recent report on fintech innovation discussed ways to adopt electronic promissory notes — or eNotes — and automated appraisals in federal mortgage programs. ... Read full article
Wire and other payments fraud affected a record number of businesses last year, and the FBI is warning in particular about real estate scams. ... Read full article
Other aggregators came to the bank's defense, while one CEO suggested Plaid's very public protest was unfounded. ... Read full article
Promontory MortgagePath fills management roles for bank relations, technology and outsourced services opportunities. ... Read full article
A new integration between Blend and Ellie Mae seeks to improve the use and accessibility of electronic mortgage documents, the latest in an ongoing industry effort to create a more simplified and consistent borrower experience. ... Read full article
Fannie Mae's first-quarter profits were enough for it to rebuild its minimum capital buffer and pay the Treasury Department dividend after being forced to take a draw during the previous fiscal period. ... Read full article
The bank says its partnership with Lender Price will help streamline and simplify its home loan process. ... Read full article
Banco Santander joined existing investors JPMorgan and USAA as well as others in raising $25 million in secondary-round financing for Roostify, which seeks to build a paperless mortgage process. ... Read full article
Quicken Loans, Citizens Bank and Better Mortgage are refinancing loans using Airbnb income as part of a pilot project with Fannie Mae. ... Read full article
Warburg Pincus has agreed to buy a majority stake in a mortgage and consumer loan origination and servicing platform owned by Fiserv. ... Read full article