Digital verification of borrowers’ income, employment and assets can significantly reduce the length of the mortgage closing process. And the tech got a boost from the pandemic.

The patent awarded to Liquid Mortgage covers a significant portion of the tech startup’s business model. LM is looking to apply blockchain to the mortgage securitization process.

The technology company, which is the key service provider for the title insurance industry, is still in negotiations with the perpetrator.

HMDA data show that minorities face notably higher denial rates than white borrowers, and more so if the mortgage is underwritten manually. (Includes data chart.)

Tomo was founded by two former Zillow executives with a sole focus on purchase mortgages. Meanwhile, three-year-old Lower recently completed a $100 million Series A funding round.

A few more mortgage IPOs could hit the stock roulette wheel by yearend. The reason: another potential reprieve on rates.

Experts believe a properly configured customer relationship management system can help lenders survive the change from a refi-heavy market to a purchase one.

The title insurance company was fined for an inadequate response after receiving notification that millions of mortgage records were inadvertently available for view online.

eVault technology from DocMagic will be incorporated into ICE Mortgage’s Encompass loan origination system. Also, MISMO expanded its eMortgage tech certification program.

Technology is here to stay and is going to continue to cost lenders a bundle. Get used to it.