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.

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2019 HW Tech100 winner: The Money Source

Disrupting the servicing industry

F1

While The Money Source launched SIME, servicing intelligence made easy, nearly two years ago, the launch was only the beginning of a giant revolution that is disrupting the servicing industry.

The technology set a new standard in servicing, and it became the first-ever servicer to harness the power of blockchain. With the company’s app, members can manage their account information, including alerts, follow transactions, decide to go paperless, check taxes, and insurance and escrow information. F1Additionally, customers can easily opt-in to pay down more on their mortgage. The app also includes a feature that allows the borrower to easily upload and download documents for their loan directly from their mobile phone, introducing a new type of relationship between a homeowner and their servicer.

Most Popular Articles

Mortgage forbearance drops to 4.36%, exits pick up steam

The downward trend of borrowers in forbearance picked up speed in the last week of April, falling 11 basis points to 4.36% of servicers’ portfolio volume.

May 10, 2021 By
3d rendering of a row of luxury townhouses along a street

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