Digital mortgage is the latest buzzword in the lending market today. But, according to an eBook titled, “The True Digital Mortgage” by mortgage technology platform provider Ellie Mae, ...
Read More »Credit Scores for Mortgage Borrowers Decline
Mortgage balances, which form the largest component of household debt rose substantially, even as median credit scores of newly originating borrowers declined during the last quarter of 2017 ...
Read More »Mortgage Loan Originations Become Less Profitable
Mortgage origination profitability fell to its lowest in January 2018 as mortgage volumes responded to the rising interest rates during the month according to data in the February ...
Read More »BofA Asks Higher Court to Intercede in Countrywide Suit
It all began in early February when a California District Court judge hearing a case against Countrywide Financial Corp. (which was taken over by Bank of America in ...
Read More »Digital Identity for Mortgage Finds Few Takers
Security concerns are the key barrier for consumers from being more open to adopting digital identity for home buying and renting or for mortgage applications, according to the ...
Read More »Why Consumers Are Wary of Embracing Digital Identity
Digital identity is an electronically verified set of attributes that uniquely describe a person and can be beneficial in providing simplified application processes, swift transaction approvals, lower costs, ...
Read More »Blend to Further Digital Mortgage Process With Fannie Mae
Blend, a California-based technology company created to drive the consumer lending industry into the digital age, recently announced it’s the first end-to-end platform will be approved to provide ...
Read More »Mortgage Balances Lead Increase in Household Debt
Household Debt, led by mortgage debt, increased substantially in 2017 as the economy continued to grow for the fifth consecutive year, according to the Quarterly Report on Household ...
Read More »M&T Bank to Implement Black Knight’s Enterprise Business Intelligence Solution
Florida-based Black Knight, Inc has signed an agreement with M&T Bank, to implement Black Knight’s Enterprise Business Intelligence (EBI) solution to provide broader and deeper insight into the ...
Read More »Ellie Mae Partners with COCC for Digital Mortgage Solutions
Ellie Mae will provide its Encompass all-in-one mortgage management solution to members of the COCC cooperative that includes banks and credit unions.
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