Technology

Browse articles from IMFnews related to Technology.

January 16, 2018 - IMFnews

BB&T to Invest in ‘Fintech’ Companies Including Those with a Mortgage Focus

Banks and nonbanks alike are in a rush to build digital lending platforms that are consumer friendly and result in cost savings...


December 29, 2017 - IMFnews

HUD IG Anxious About Legacy Tech Systems; 87 Percent are ‘Old’

What could go wrong? For starts, FHA might not be able to pay claims…


December 26, 2017 - IMFnews

CFPB Policy on New HMDA Data Collection Brings Relief and Uncertainty

“While this flexible approach is generally beneficial for lenders and consumers, it does produce some uncertainty over what will be considered ‘good faith’ or ‘material,’” according to attorneys at the law firm of Buckley Sandler.


December 20, 2017 - IMFnews

Loan Closings Delayed. The Culprit: A New IRS Authentication System

Marc Savitt, who runs The Mortgage Center, Martinsburg, WV, called the technology snafu a “big deal,” adding: “It’s taking weeks to receive we got in days.”


December 14, 2017 - IMFnews

Short Takes: Keeping Tabs on GSE Dividends / The GOP Tax Plan and DTAs / Good News for ‘Conforming’ Jumbos? / LendingTree Getting Frothy? / First Republic Bank Stands Out in Second Liens

The share price of online loan broker LendingTree is looking a bit pricey these days at $337.80 a unit...


December 13, 2017 - IMFnews

Short Takes: GSE Dividend Payments: All Systems Go? / Cutting GSE Shareholders out of the Equation? / Wintrust Buying Mortgage Assets from VA Lender / UWM and MC Strike Deal / Chase Exec Bolts for Hamilton

In a new blog posting, Investors Unite asks the basic question: “Are Fannie’s and Freddie’s foes driving GSE reform?”


Poll

With originations expected to drop in 2018, will your shop turn to non-QM/non-prime mortgage products as a way to bolster volumes?

Yes, definitely. We’re planning a launch.

33%

No. It’s still difficult compliance/regulatory-wise.

20%

Maybe. It’s under consideration.

33%

Not now. But things could change as 2018 progresses.

13%