Articles Tagged with ''digital mortgages''

Bank of America launches digital mortgage platform

Becomes latest big bank to go digital
Everybody’s doing it, and now Bank of America is doing it too. Bank of America revealed Wednesday that it is launching a digital mortgage platform, which allows customers to complete the mortgage application process either via their mobile device or on Bank of America’s website.
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Approved, LendingQB partner to launch wholesale lending platform

Partnership of two top tech companies in housing finance
In a partnership that brings together two of the preeminent technology companies in the mortgage space, Approved and LendingQB are joining together to launch a wholesale lending platform. Both Approved, a digital mortgage platform for independent lenders and brokers, and LendingQB, a provider of SaaS loan origination technology solutions, have been named to HousingWire Magazine’s HW Tech100 as one of the top tech companies in housing finance.
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What lenders can learn from tax preparation software

Ways to automate, streamline and standardize borrower income calculation
For most underwriters, calculating income is a manual process, often characterized by inefficiency, inaccuracy and lack of standardization. When is someone going to be able to provide self, tax software kind of functionality for our mortgage underwriters? The answer: we’re on the precipice.
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PwC: The digital mortgage is our new normal

What are borrowers looking for?
In its latest Home Lending Experience Radar report, published this week at the LendIt Fintech USA conference in San Francisco, PricewaterhouseCoopers said digital is our new normal and explains how consumer expectations are shifting and what these new trends mean for lenders.
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From HW Magazine

Hot Seat: Simon Moir of eOriginal

eOriginal delivers eClosing capabilities to companies of all sizes with an open platform
Originators can digitally create the promissory note and securely manage it as an authoritative copy with delivery to secondary market. For instance, by sending the note digitally from the originator to a warehouse lender, the risk of a lost note or shipping are eliminated. Thanks to technology, the eNote is delivered and transferred instantly, with data that can be instantly validated. This advancement accelerates the time between origination and the replenishment of capital.
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Matic, MortgageHippo partner to bring homeowners insurance into digital mortgage process

Borrowers can now get insurance quote within MortgageHippo platform
In a partnership that brings together two of the top technology companies in the mortgage industry, Matic’s digital homeowners insurance platform is now available within MortgageHippo’s digital mortgage experience. Lenders that use MortgageHippo’s digital mortgage platform can make Matic homeowners insurance available to their borrowers with a one-click “get quote” button within the platform itself.
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Lennar partners with Blend to power its financing arm

Will digitally streamline purchase process for Lennar customers
Lennar, one of the largest homebuilders in the U.S., is now partnering with mortgage technology provider Blend, to power its financing arm. The new system will allow Lennar mortgages to close up to 10 days faster by cutting out unnecessary manual process.
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Ellie Mae partners with Pacific Union, Finicity to speed up mortgage lending process

Companies integrate with Encompass platform for greater efficiency
Ellie Mae announced it is partnering with Pacific Union Financial and Finicity to improve its digital mortgage solution and increase efficiency. The two companies will integrate with Encompass, Ellie Mae’s digital solution, allowing Ellie Mae to improve its digital mortgage process.
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