Technology

Browse articles from all of our Newsletters related to Technology.

July 31, 2015 - Inside Mortgage Trends

User Authentication Critical to E-Signature Success

With the Consumer Financial Protection Bureau bringing its considerable weight to bear on e-mortgages as part of a broader push to reinvent the origination process, mortgage lenders and the technology vendors and consultants that serve them have been paying more attention to reconstituting existing processes to support a more digital format. E-signatures play a key role, and perhaps the single most critical component of e-signature technology is user authentication ...


July 31, 2015 - Inside Mortgage Trends

The Millennial Secret: Look Like Them, Hire Them

The conversation about the “millennial” generation and its effect on the housing and mortgage markets just isn’t going away. Although some mortgage professionals confess to being sick and tired of hearing about the millennials, they can’t argue that, at 82 million strong, those born between 1980 and 1999 are a home-buying force to be reckoned with. But selling loans to them isn’t always so easy. “These new arrivals to the home-buying scene want to text and email ...


July 27, 2015 - Inside the CFPB

Briefs: Worth Noting, Vendor/TRID Update, Looking Ahead

Deputy Director Antonakes to Depart. CFPB Deputy Director Stephen Antonakes, the number two figure at the bureau, is leaving the agency at the end of July to spend more time with his family, according to an internal memo circulated within the CFPB, a copy of which was obtained by Inside the CFPB. “Steve has been an enormous asset to the bureau, and a great friend and colleague to me since our time together in [Supervision, Enforcement and Fair Lending] in the early days of the bureau,” said the memo, which was authored by Director Richard Cordray. “His contributions to this agency have been extensive in his dual roles as deputy director and supervision, enforcement, and fair lending associate director, and ...


July 10, 2015 - Inside FHA/VA Lending

Around the Industry

Overview Conference Call for Mortgagees, Servicers and Other Interested Parties. The FHA will host an industry briefing session on July 16, 2015, 2 p.m.-3 p.m., to provide an overview of the Servicing and Loss Mitigation Section of the Single-Family Policy Handbook, as outlined in the Highlights of Changes and Clarifications document. The conference call’s dial-in number is (800) 700-7784. The participant access code is 364218. USDA Performs System Maintenance. The U.S. Department of Agriculture’s mortgage guaranty system will not be functioning at full capacity from July 10-13 due to routine maintenance. Maintenance work is scheduled to begin at 2 p.m., July 10, CDT. The Guaranteed Underwriting System will be operating at a reduced level. Lenders will not be able to make final submissions or upload documents for the entire work period. In addition, the ...


July 8, 2015 - IMFnews

Mortgage Co-ops Losing Their Allure Thanks to Free GSE AU?

There are three major cooperatives that serve as middlemen between lenders and various counterparties: Lenders One, Capital Markets Cooperative and The Mortgage Collaborative.


June 30, 2015 - IMFnews

Short Takes: So, Where’s the Rate Plunge? / MBS Prices? / CitiMortgage Fails a Servicing Metric / Pending Home Sales Bright / A New Hire for DocMagic

With Greece ready to crack up, it was thought that mortgage rates might plunge. But it hasn't happened yet...


June 29, 2015 - IMFnews

Short Takes: A Killer Quarter for Fannie and Freddie? / A Shrinking Market: Bad Loans / Turn, Turn, Turn Times / Stonegate’s Third-Party Loan Portal / New Hires for Mortgage Network, Ellie Mae

Why do loan turn times – application to closing – vary so much?


June 24, 2015 - IMFnews

With GSEs Making AU Systems Free, Mortgage Cooperatives May Face the Heat

“With the Fannie [Mae] discount gone, I’m not sure it’s worth staying a member,” said this executive, regarding the Lenders One cooperative...


June 23, 2015 - IMFnews

Surprise (Sort of): Fannie Mae Makes DU Free, Plans to Introduce New Loan Delivery System

Early this month, when Freddie Mac made it automated systems free, Fannie said it would not follow in Freddie’s footsteps...


Poll

A lot has been written about the ‘Millennial Generation’ being key to the future of the housing/mortgage market, but how much of your mortgage workforce includes Millennials – those born roughly between the years 1980 to 1999?

Less than 10 percent

15%

11 to 30 percent

33%

Greater than 30 percent

18%

It’s so small we can’t even measure it.

3%

We’re tired of reading about how important Millennials are…

30%

Housing Pulse