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Home » Topics » Inside Mortgage Trends » Technology

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Surprise! Pandemic Hasn’t Made Digital Mortgages More Popular

August 20, 2021
Dennis Hollier
A Fannie survey finds that most recent homebuyers used no online tools to get their mortgage. The use of some digital channels actually declined during the pandemic.
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Digital Verifications Growing in Popularity

August 6, 2021
Dennis Hollier
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.
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Liquid Mortgage Gets Patent For Blockchain Platform

August 6, 2021
Brandon Ivey
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.
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Cloudstar’s Systems Down After Ransomware Attack

July 23, 2021
Maria Volkova
The technology company, which is the key service provider for the title insurance industry, is still in negotiations with the perpetrator.
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Loan Denial Rates Elevated for Minorities

July 23, 2021
Maria Volkova
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.)
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A New Purchase-Mortgage-Only Lender in the Market

July 9, 2021
Brandon Ivey
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.
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Grapevine: Still Interested in MBs: PE Firms / The IPO Queue

July 9, 2021
Paul Muolo and Brandon Ivey
A few more mortgage IPOs could hit the stock roulette wheel by yearend. The reason: another potential reprieve on rates.
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Is Tech the Way to Pivot from a Refi to a Purchase Market?

June 25, 2021
Lisa Burden
Experts believe a properly configured customer relationship management system can help lenders survive the change from a refi-heavy market to a purchase one.
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First American Settles SEC Charges of Record Exposure

June 25, 2021
Brandon Ivey
The title insurance company was fined for an inadequate response after receiving notification that millions of mortgage records were inadvertently available for view online.
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ICE Mortgage’s Origination System to Include eVault

June 25, 2021
Brandon Ivey
eVault technology from DocMagic will be incorporated into ICE Mortgage’s Encompass loan origination system. Also, MISMO expanded its eMortgage tech certification program.
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