CFPB secures $27.7 million judgment against foreclosure relief scammers

The next president needs to speak up about housing right now

Want my vote? Here's how to get it

CFPB, DOJ take action against Provident Funding for discriminatory lending

Could pay $9 million in damages

Items Tagged with 'mortgage technology'


Black Knight to raise $430M in IPO

Fidelity will control majority of shares
Brena Swanson
After first announcing the plans of a IPO in December, Black Knight Financial Services will look to raise up to $430 million in an initial public offering expected to price next week. Its parent company, Fidelity National, will remain a majority stakeholder.
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Sindeo names Tony Sachs chief lending officer

Joins from First Republic Bank
In his role at Sindeo, Sachs will be responsible for the company’s lending operations and credit functions, including overseeing Sindeo’s team of high-service mortgage advisors, the company said.
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Mortgage technology will be ready to address TRID

Won’t magically make challenges and cost of compliance disappear
John Vong
Maybe it’s the proximity to Disney’s Magic Kingdom, but at the Mortgage Bankers Association tech conference in Orlando this week I couldn’t help remembering futurist Arthur C. Clark’s third law of technology that says, ‘‘Any sufficiently advanced technology is indistinguishable from magic.” But can technology magically solve the industry’s compliance challenges?
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From HW Magazine

High-tech demand: How far behind is the mortgage industry?

Consumers want an easier, tech-assisted process
“Though I hear them repeatedly, today’s remarks made me say yet again, ‘Are you kidding me?!’ The mortgage industry is so far behind in meeting the consumer’s demand for technology, and it appears that there are very few who care. For some to state that technology will simply ‘weed out weak originators’ is reflective of how disconnected the industry really is from technology and the demand of their consumers."
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Lone Wolf Real Estate secures massive private equity investment

Vista financing to help drive growth
Brena Swanson
Vista Equity Partners announced it is investing in Lone Wolf Real Estate Technologies to help the company as it pursues new market opportunities and expands product development efforts. Right now, Lone Wolf serves nearly 10,000 real estate offices and 250,000 real estate professionals across the U.S. and Canada.
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ComplianceEase acquires Mortgage Banking Systems

Acquisition better prepares company for TILA/RESPA
Brena Swanson
ComplianceEase, a provider of automated compliance solutions, acquired the assets of Mortgage Banking Systems, a provider of mortgage document preparation and closing software solutions.
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Sierra Pacific Mortgage harnesses Alight Mortgage Lending solution

Solution provides real time, financial forecasts
Brena Swanson
Sierra Pacific Mortgage announced it licensed Alight Mortgage Lending, a unique financial optimization application that will help the company’s plans for future growth.
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4 technology drivers for game-changing customer service in mortgage lending

Ending the "cumbersome" mortgage
Thomas Knapp
Let’s admit it, the mortgage lending process can be cumbersome. As a technology executive at a major mortgage lender, I know this. But I believed the process was only flawed at other lenders, that is until this happened.
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DocMagic partners with WWN for paperless eClosing solution

Continues to push for online mortgages
Brena Swanson
DocMagic continues its push to bring the mortgage process online, announcing it formed an exclusive relationship with World Wide Notary to deliver a fully paperless eClosing solution.
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From HW Magazine

Single stack

Mortgage lending — finally — gets smarter with digital, automated and cloud-based technology
Kerry Curry
In the tech world a “stack” refers to all the elements of something. For the mortgage industry, the idea of the single stack is that one platform (digital, automated and based in the cloud) can either meet all of the functional requirements involved in assembling a mortgage, or can serve as an efficient moderator for the process via open APIs (application programming interface), which are now taking off within the mortgage industry.
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