Articles Tagged with ''digital mortgages''

Better Mortgage expands operations to three new states

Digital mortgage company now available in 19 states
Digital mortgage company and 2018 HW Tech100 winner Better Mortgage announced this week it has expanded its services to three new states. “At Better, we want to make homeownership an option for every American – it’s at the core of what we do. One small piece standing in our way is being licensed in every state," Vishal Garg, CEO and co-founder of Better Mortgage, said.
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Lenders reveal why they upgrade their mortgage tech

Survey shows lenders not concerned with cost
Mortgage lenders are increasingly looking to implement more mortgage technology, and now revealed their top drivers when implementing this technology. While some of the top reasons will come as no surprise, others could be less expected. For example, only 15% of lenders said cost was a factor in putting new technology in place.
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Trump administration calls for sweeping changes to financial ecosystem

“Regulatory sandboxes,” eMortgages, online notarization, automated appraisals, more
The Trump administration on Tuesday called for a series of changes to the country’s financial and mortgage ecosystems that, if enacted, would supercharge the financial industry’s technological revolution, upend the current regulatory environment, and potentially change the face of mortgage lending.
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HousingWire survey: Are lenders adopting digital technology?

Infographic shows market still lagging in borrower portals
A survey conducted jointly by HousingWire and Maxwell showed only 14% of lenders answered they do not have a digital mortgage application for borrowers. But a digital mortgage application is just the beginning to submerge borrowers into the full digital mortgage experience. This exclusive infographic also breaks down the numbers for lenders who use a borrower portal.
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Ellie Mae offers lenders customizable digital mortgage experience

Allows borrowers to research rates and loan options
Ellie Mae announced Monday its new offering for lenders that will allow them to give borrowers a personalized digital mortgage experience. The company explained that for lenders to effectively compete in today’s purchase-driven market, they need to be equipped to successfully reach the homebuyer at the point of thought. Here’s what the new product offers lenders and borrowers.
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Ginnie Mae to modernize its systems by 2020

Makes plans to accept digital mortgages
Ginnie Mae recently announced that it plans on giving its systems a major makeover, and hopes to complete its modernization by 2020. The agency said its mortgage-backed securities platform, while reliable, is in need of major upgrades. Here are the company’s plans for the next two years.
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