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Tag Archives: technology

STRATMOR Gives LendingQB High Marks

According to STRATMOR Group’s Technology Insights survey, LendingQB, a provider of a web-based loan origination system (LOS) based in Costa Mesa, California, has received high marks for vendor satisfaction and customer support.

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FinTech’s Shifting Landscape

Change happens fast, especially in technology. We spoke with Dom Marchetti, CTO of loanDepot about the future of tech in the mortgage industry. Marchetti not only discussed the changing face of tech in terms of mortgage originations, but what roadblocks are preventing the industry from truly advancing technologically.

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Optimal Blue Debuts Application Programming Interface

At the MBA Tech Conference, Optimal Blue unveiled its new Application Programming Interface (API) initiative. The first deliverables available through Optimal Blue’s new API platform allow secure access to pricing for eligible products for both consumer direct and loan officer implementations.

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Digitization Will Put Big Banks Ahead

Non-bank lenders won’t lead the mortgage space for long, according to Fitch Ratings. As the mortgage process gets more digital, the agency says its big banks who will take over, thanks to their greater resources and ability to tie in additional financial products. Investment in digital processes will be key as millennials buyers make up the larger market share.

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Current LOS Systems Somewhat Lacking

Technology report says that current loan origination systems (LOS) are not adequate for the coming age of the digital mortgage. Specific functions must be achieved through add-on applications. The reasoning is that more efficient LOS systems will produce better client satisfaction in the loan process.

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HouseCanary Announces Collaboration With Google

This joint effort between HouseCanary and Google will provide industry professionals with trends, insights, and indices in nearly every MSA, zip code, and block in the country today and three years into the future. HouseCanary’s proprietary datasets are exclusively available on www.housecanary.com and now available through Google.

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