The parent company of Quicken Loans splurged $905 million on marketing last year, helping the nonbank become the second largest mortgage lender. The firm is now ready to launch an IPO.

While some of the adjustments were initially thought to be temporary, lenders are preparing to make some permanent changes.

Bill Foley, the man who made Fidelity Financial into a title insurance giant, has his eyes on mortgage analytics vendor CoreLogic. But will antitrust concerns prevail?

Servicers have amped up their hiring and embraced virtual assistance, lowering average hold time to 1.8 minutes.

Though initially wary of the online closing process, borrowers’ satisfaction with their lenders appears to have increased during the pandemic.

With more than 8% of mortgages now in forbearance, industry experts are exploring ways to give an added impetus to digitizing the loan-modification process.

A startup, Beeline, promises it can decide on a mortgage application in as little as 15 minutes.

Lenders that made significant investments in technology in recent years reported better metrics than other players in several areas, such as origination costs and productivity.

State regulations and concerns regarding buyer safety have kept the mortgage industry from embracing e-signature technology.

Digital mortgage closings are getting renewed attention with the industry forced into social distancing to contain the coronavirus. Remote online notarization can help, though it’s not allowed in all states yet.