True Stories: Hybrid, eNote and RON Implementation

Join expert panelists that will discuss the status of federal legislation, trends in digital adoption and how best to prepare your organization for the next generation of lending processes.

Spruce’s Patrick Burns on innovation in title technology

In the season finale of Housing News season 5, Spruce CEO discusses heightened investor interest in title tech, innovation and fintech adoption.

Top CFPB official “hates” QM rules, jeopardizing safe harbor

A top CFPB official in charge of the rule-making process has heavily criticized the agency's own qualifying mortgage rule, jeopardizing safe harbor.

Fraud risk factors at closing increased almost 90% last quarter

A variety of risk factors could be contributing to the drastic increase in wire and title fraud risk factors in mortgage and real estate closings – for example, compliance issues and an increase in transaction data errors.

FintechMortgage

2019 HW Tech100 Winner: Arch MI

Customizable buyer premium

F1

With Arch MI’s RateStar Buydown tool, mortgage originators can customize each borrower’s mortgage insurance premium to an exact dollar amount.

Buydown ensures all available lender and seller credits are used, so no funds are left on the table. It also enables more loans to meet debt-to-income requirements with a lower MI premium payment. Arch MI also integrated its product with Amazon’s Alexa. This technology is enabling mortgage professionals F1to use the hands-free voice features of Amazon Alexa-enabled devices to retrieve Arch MI quotes, speak with the customer service team or contact an account manager. The tool puts loan officers in control by enabling them to create different combinations of upfront and monthly MI premium payments to meet each borrower’s budget and preferences.

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Compass loses money, explores mortgage

Compass is exploring either building a mortgage arm, buying a mortgage company or following the lead of other resi brokerages and entering into a JV.

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3d rendering of a row of luxury townhouses along a street

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