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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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Closing the gap on the real estate closing process

Time for a tech upgrade?
[Op-ed] Today, homebuyers can tour homes, see the neighborhood and research the history of a property all from the comfort of their couch. Technology has streamlined the front end of the purchase process, but the actual closing remains largely stuck in the past. How can collaborative software solutions help update the closing process so that tech savvy consumers who have looked at homes and even virtually furnished them with a smartphone are confronted with an outdated process when it is time to buy?
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TMS unveils mortgage servicing mobile app

Mobile app for SIME servicing platform launched this week
Fintech company, and recent 2018 HW Tech100 winner, TMS announced this week it launched a mobile app for its SIME mortgage servicing platform. The company said its new servicing app, known as TMS Happinest Mobile, brings “a total homeownership experience to its customers,” and marks the first app of its kind in the servicing space.
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FormFree's AccountChek integrates with BeSmartee's POS platform

Automated asset verification now a part of BeSmartee's POS platform
FormFree announced on Wednesday that its AccountChek automated asset verification service is now part of BeSmartee's mortgage point-of-sale platform. FormFree explained that this integration will speed up BeSmartee’s digital loan process and provide a more accurate assessment of borrowers’ ability to pay.
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JPMorgan Chase picks Black Knight to power its home equity originations

Will use LoanSphere Empower to originate home equity loans
JPMorgan Chase may be using Roostify to power its digital mortgage application process on the front-end, but the megabank will be using Black Knight to power its home equity loan originations. Black Knight announced Wednesday that JPMorgan Chase will be using its LoanSphere Empower loan origination system as the backbone of the bank’s home equity originations business.
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“Father of securitization” Lewis Ranieri partners with blockchain company Symbiont

Partnership seeks to transform mortgage industry with blockchain technology
On Wednesday, Ranieri Solutions announced a partnership with Symbiont, a blockchain and smart contract company, to explore opportunities to use Symbiont’s platform to “systemically improve all aspects of the mortgage industry.” The two companies explained that “Ranieri’s deep knowledge of the mortgage market coupled with Symbiont’s expertise in deploying enterprise blockchain networks led to the partnership between the firms."
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MERSCORP and eOriginal debut eNote Solutions

Enables mortgage originators to accelerate digital mortgage adoption
On Wednesday, MERSCORP and eOriginal announced the launch of a new solution the companies say will enable originators to accelerate entry into the digital mortgage ecosystem. MERS eNote Solutions, which is part of the company’s eSuite, will enable the creation, execution, registration and management of the electronic promissory note, or eNote, to mortgage originators across the industry.
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Here's your final preview of the 2018 HW Tech100

One last peek before the big unveiling!
Hundreds of companies applied for the honor of being named to the HW Tech100, a list of the most innovative tech companies in the housing and mortgage finance space... but only 100 were crowned. This week, we are previewing several of the companies that made our list. Today is our final sneak peek before we unveil the complete list of winners on Monday.
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FHFA officially sets date for Fannie, Freddie single security

Uniform Mortgage-Backed Security coming on June 3, 2019
After years of work and planning, the development of a single mortgage-backed security that will be issued by both Fannie Mae and Freddie Mac is nearly complete. The FHFA announced Wednesday that the government-sponsored enterprises will officially begin issuing the single security, called the Uniform Mortgage-Backed Security, on June 3, 2019.
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Your next look at HW's 2018 Tech100

Here's another preview of the companies that made our list
Hundreds of companies applied for the honor of being named to the HW Tech100, a list of the most innovative tech companies in the housing and mortgage finance space... but only 100 were crowned. Yesterday, we unveiled 10 companies that made our list. Today, we're showing off another 10... Click here to see some of the companies that made our list.
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