Fintech reportedly is allowing lenders to close on mortgage loans faster than in the past, and, especially as the market shifts increasingly digital, all signs point to its growth in mortgage lending. Researchers have found fintech lenders tend to take ...
Read More »Mortgage Industry Groups Provide Feedback on Universal Mortgage-Backed Security
The group's proposals, in response to the FHFA's Request for Input, discusses the best practices for building better alignment and streamlining lender pools.
Read More »New Mortgage Marketplace Launched
Simplist's next-generation platform seeks to enhance transparency, affordability, and access for borrowers spanning diverse backgrounds.
Read More »Gateway First Bank Appoints Chief Mortgage Operations Officer
As Chief of Mortgage Operations, Jeff Schmidt will manage the underwriting, appraisal, closing/funding, post-closing, and construction lending departments at Gateway First.
Read More »Fitch Affirms LoanCare’s Servicer Ratings
For the second consecutive year, LoanCare has received ‘RPS2’ ratings in the primary servicer and specialty subservicer categories, from Fitch Ratings.
Read More »Proceed With Caution on HMDA Deregulation
An expert gives insights on how dwindling of reporting data could harm underserved communities and weaken bank performance evaluation.
Read More »Equifax and FICO Partnership: Industry Impact
Earlier this year, Equifax and FICO announced a partnership, pooling their collective consumer financial data. Here's how that partnership may affect banks, lenders, and lending practices.
Read More »Re-examining Data Privacy Under the FCRA
Data privacy, the use of technology, and the impact of unregulated credit scores on consumer debt were in focus at a Senate Banking Committee hearing. Here’s what was discussed about the present and future for credit score reporting.
Read More »Fannie Mae, Freddie Mac, and the QM Patch
Find out how the qualified mortgage "patch" has impacted Fannie Mae and Freddie Mac's practices, and how the FHFA is addressing conservatorship.
Read More »Wolters Kluwer Launches Portfolio Management Solution
Wolters Kluwer's Portfolio Sync combines customers’ existing iLien filings with public records data into one view.
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