Technology

Browse articles from all of our Newsletters related to Technology.

January 4, 2019 - IMFnews

What We’re Hearing: Top Production Exec Ready to Depart? / The Mel Watt Era at the FHFA is About to End / Will IBM do to Promontory What it Did to Seterus? / Ugly Mortgage Job Numbers / Selling Ditech Shares / Dynex Hires Dave Stevens as a Director

One former Fannie Mae executive familiar with Seterus opined that IBM likely received “pennies” compared to what it invested in Seterus...


December 31, 2018 - IMFnews

GSE Credit Scoring Models: The Future is Unwritten

Fannie and Freddie tossed out the idea of creating their own internal models as impractical...


December 31, 2018 - IMFnews

Industry Concerned About Shutdown and Effect on IRS Verifications, MBA Asks Treasury to Step In

MBA CEO Bob Broeksmit: “We have made our concerns known to Treasury and request that IRS employees performing this vital work be deemed essential so loan closings can continue without further interruption.”


December 28, 2018 - IMFnews

Broker Tech Platform from AIME Looks to Sign Up More than 20 Wholesale Lenders

The seven initial participants in the platform include United Wholesale Mortgage, the nation’s largest table-funder…


December 21, 2018 - Inside Mortgage Trends

Analysts Call for New Digital Registry System

Legislation is needed to establish a digital registry system for mortgages and titles, according to two industry analysts, who recently released the Simplified Mortgage and Recorded Title Act, a proposed bill they claim will help prompt the return of a robust private secondary market for mortgages. The proposed legislation was drafted by William Fry, the sole proprietor of Greenwich Capital, and Robert Hockett, a professor at Cornell Law School. Prospects for the SMART Act look ...


December 21, 2018 - Inside Mortgage Trends

Firm Set to Launch Broker Tech Platform

An association of mortgage brokers has partnered with a technology company to create a platform brokers can use to interact with different wholesale lenders and vendors. The platform will allow brokers to check pricing among various wholesale lenders, lock interest rates and upload documentation from borrowers, among other features. The platform is called Arive and was developed by a company with the same name. Members of the Association of Independent Mortgage Experts ...


December 14, 2018 - Inside FHA/VA Lending

FHA’s Mandatory Second Appraisal for Certain HECMs Now Automated

The FHA has announced that protocols in place for second appraisal requirements for certain Home Equity Conversion Mortgage loans are now fully automated.


December 14, 2018 - IMFnews

FHFA’s Proposed Rule on Credit Scores a Setback for Vantage Score

VantageScore is not happy with the FHFA's latest action...


December 14, 2018 - Inside MBS & ABS

GNMA Sees Digitized Mortgages as the Future, Aims to Become Leader in Tech and Innovation

Digital mortgage is the cornerstone of Ginnie Mae’s efforts to modernize its operating systems as it vies for industry leadership in technology and innovation, according to top agency executives.


December 13, 2018 - Inside Mortgage Finance

California Judge Tosses Class-Action Lawsuit Against Caliber Home Loans over Data Breach

A California court last month dismissed a borrower’s attempt to bring a class-action lawsuit against Caliber Home Loans over a security breach at the nonbank lender in early 2017.


December 12, 2018 - IMFnews

Short Takes: loanDepot Loses its Product Chief / Bill Dallas and Cloudvirga / Kudos on the Calabria Pick from HFSC Chairman Hensarling / A Candidate Himself Once? / A New Hire for Vendor Valuation Partners

Cloudvirga, at one time, was headed by industry veteran Bill Dallas...


December 11, 2018 - IMFnews

Short Takes: The Six Horsemen of the GSE Apocalypse / If You Have to Ask, You’re in Trouble / G-Fees Hold Steady / Plaza Home’s New Tag Line / NAMB Giving Away Software for Free

NAMB is giving away free software...


December 7, 2018 - Inside Mortgage Trends

Remote Online Notarization Poised for Growth

The use of online remote notarization for mortgage closing looks likely to increase as uniform state legislation was drafted recently and many title agents see the tech as a difference maker. Last week, the Uniform Law Commission updated its Revised Uniform Law on Notarial Acts. In states that adopt the updated legislation, notary publics would be allowed to complete notarizations remotely, including mortgage closings. Among other provisions, the law provides remote online notarizations ...


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