Articles Tagged with ''digital mortgages''

Executive Conversation: Rick Thornberry on the launch of his company's new brand identity — One Radian

Business strategy focuses on innovative products and services so customers can better manage risk
Radian CEO Rick Thornberry discusses One Radian — his company's new brand identity and the catalyst behind innovative new products and services. "We want to be a force of positive disruption and are committed to creating a new future that strategically leverages technology and data to drive digital transformation of our business and the markets we serve," Thornberry says.
Read More

Qualia debuts eSign technology

Aims to streamline digital mortgage with proprietary software
Qualia just rolled out eSigning capabilities in its bid for a berth among the companies holding the keys to the fully digital mortgage. Qualia claims that its new eSign technology is the first built specifically for title, escrow and closing software. According to Qualia, this will allow real estate professionals to use only the Qualia platform instead of needing to use piecemeal software to cobble together a digital mortgage process.
Read More

Executive Conversation: Jay Kingsley on reducing origination costs and time to close

CoreLogic's AutomatIQ Borrower gives lenders a single integrated solution to improve underwriting
There is a disconnect between the digital consumer experience and the more fragmented, manual processes that continue to slow down and increase underwriting costs. Jay Kingsley, executive for credit solutions at CoreLogic, discusses how his company's AutomatIQ Borrower pulls all the disparate borrower underwriting tools together into one integrated solution delivered from one provider.
Read More

AFR Wholesale announces partnership with Floify

New partnership could reduce loan processing time by 15 hours per loan
AFR Wholesale and Floify announced Wednesday both companies shook hands on a partnership, and AFR will now use Floify’s point-of-sale technology. AFR’s goal in partnering with Floify is to reduce origination time and increase broker productivity.
Read More

Wells Fargo to begin buying eNotes

Digital mortgage revolution takes big step forward
Wells Fargo, which began accepting digital mortgage applications earlier this year, is about to take an even bigger step into digital mortgages, as the megabank announced Monday morning that it is going to begin buying eNotes (electronic promissory notes). To facilitate this expansion of its mortgage business, Wells Fargo is partnering with eOriginal, a digital solution provider for the mortgage industry and a HousingWire Magazine Tech100 winner in 2018.
Read More

Norcom Mortgage starts eClosing and the digital mortgage marches on

Partnership with Pavaso offers customers eClosings, a common strategy in a tough market
The rush toward the digital mortgage is still in full force. Today, Norcom Mortgage just became the first Connecticut-based lender to offer fully digital closings. Norcom will use Pavaso’s digital closing platform to float its new eClosing process dubbed “Swift Sign.”
Read More

Freddie Mac incorporates new DocMagic tech

The GSE will now use eVault and SmartREGISTRY to cut costs and speed processes
Freddie Mac is integrating DocMagic technology into its software suite to facilitate the storage and control of eNotes. The government sponsored enterprise is incorporating DocMagic’s eVault technology and its SmartREGISTRY platform to store documents, perform automated eNote certification for Freddie Mac eMortgage lenders and enable the electronic transfer of these notes to other eVault systems.
Read More

Want your digital mortgage? Look to state notarization laws

For lenders the path forward is less than clear
[Expert commentary] In 2018 alone, remote notarization bills have cropped up in the legislative sessions of 14 additional states and the District of Columbia. That said, there are many states that have yet to address remote notarization, and for lenders operating in these states, the path forward is less than clear.
Read More