A new white paper from Black Knight examines how artificial intelligence and machine learning has been subject to concern by regulators and other stakeholders, and how mortgage industry managers and executives can benefit from their usage.
Read More »New White Paper Advocates for Appraisal Modernization
In response to a recent FHFA RFI, the white paper advocates for more hybrid appraisals. Click through to learn what it discusses.
Read More »Disparate Mortgage Tech, LOS Platforms Hold Lenders Back
A white paper released on Thursday claims the emergence of the Loan Originations System (LOS) as a stand-alone product has led to “technology sprawl,” wherein mortgage tech platforms are disparate, disconnected, and overall less effective. According to the paper, titled “Reducing the Sprawl in Mortgage Lending,” the mortgage industry is plagued by disconnected technology that slows the process down—and cuts into the bottom line. Lenders should move toward a singular, more comprehensive LOS that can handle the mortgage process from cradle to grave, the paper reports.
Read More »St. Louis Fed Official Reviews Central Bank’s Post-Crisis Economic Policies
In a recently released white paper analyzing actions taken by the Federal Reserve in the immediate aftermath of the 2008 financial crisis, St. Louis Fed VP Stephen D. Williamson questions a few of the central bank's policies and the effect they have had on the economy.
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