With inflation and mortgage rates rising to challenge the industry, MReport speaks to a cross-section of mortgage industry executives about why now is the time to rise to the occasion with innovation and efficiency.
Read More »MeridianLink Completes Acquisition of OpenClose Mortgage Technology Solutions
Mortgage lending technology leaders at MeridianLink will merge to offer strategic mortgage solutions to improve efficiency while reducing costs and time to close, focusing on supporting depository institutions.
Read More »The Applications of NFTs in Real Estate
In a new blog post from First American’s Justin Lischak, Chief Innovation Underwriter, he explores the technology behind NFTs how it can reduce friction in ordinary real estate transactions.
Read More »NAR Tech Survey: Fintech Apps Remain Effective Tools for Realtors
The latest NAR Report revealed eSignature, Lockbox, and MLS apps/technology as the three most impactful technology tools on Realtors’ businesses, with cybersecurity, 5G, and drones expected to have the biggest impact on real estate in the next two years.
Read More »New AVM Found to be Free of Racial Bias
“It is crucial to utilize professional-grade AVMs that can help identify potential racial bias in home valuations and to flag concerns of potential undervaluation of minority-owned properties,” said Eric Fox, Chief Economist at Veros.
Read More »Fannie Mae: Lenders Share Pain Points Amid Economic Headwinds
“Surveyed lenders cited personnel expenses as the primary factors driving up loan origination costs over the past two years,” said Doug Duncan, Fannie Mae’s SVP and Chief Economist.
Read More »CFPB Addresses Consumer Access and Control Over Financial Data
“Dominant firms shouldn’t be able to hoard our personal data and appropriate the value to themselves,” said Consumer Financial Protection Bureau Director Rohit Chopra.
Read More »Can Technology Help Address Housing Market Pains?
A new blog post by David Luberoff and Chris Herbert, from the Joint Center for Housing Studies at Harvard University, discusses digitalization in a changing real estate market.
Read More »Scalable Technology Can Help Non-Bank Lenders Gain Market Share
Fitch Ratings expects that most issuers should be able to withstand current market conditions and potentially gain market share through scalable technology platforms, diversification, balance sheet strength, and access to liquid capital, all of which should afford them the flexibility to mitigate operational losses.
Read More »Property Management, Servicing & Compliance Labs Explore Industry Challenges
With representatives from numerous banks and servicers, as well as government agencies such as FHFA, the GSEs, and the CFPB, the Five Star Educational Labs delved into headwinds and insights from dozens of subject-matter experts.
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