Items Tagged with 'Loan origination'

ARTICLES

  • Black Knight boosts origination system by acquiring Ernst Publishing

    Ernst’s capabilities will be integrated into Black Knight’s LOS
    Black Knight’s loan origination system is about to get an upgrade, as the company announced Tuesday that it acquired Ernst Publishing, a provider of technology and closing cost data for the real estate and mortgage finance industries and previous honoree as a HousingWire Tech100 winner.
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  • Hundreds of mortgage execs ask CFPB to change LO pay rules

    MBA members push for loan officers compensation change
    Almost 250 senior executives at some of the nation’s largest mortgage companies want the government to make changes to the rules surrounding how they’re allowed to pay their loan originators. Last week, the group of mortgage execs (organized by the Mortgage Bankers Association) sent a letter to the CFPB, calling on the bureau to change its Loan Originator Compensation rule.
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  • MBA: Multifamily and commercial loan originations on the rise

    Going into the back half of 2018, CRE is going strong
    Commercial and multifamily investment continues to show strong momentum going into the back half of 2018. According to a report from Mortgage Bankers Association, in the second quarter, commercial and multifamily mortgage loan originations rose by 4% year-over-year and soared past the first quarter with a 32% surge in originations.
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  • Quicken Loans reports lending growth in Q1, stays atop the leaderboard for the second consecutive quarter

    Quicken points to proprietary tech as a key driver in its growth
    Quicken Loans is feeling itself, announcing Wednesday that in the first quarter, for the second consecutive quarter, it has held onto the title of number one loan originator, posting a total of $20.5 billion in loan originations. This is a 5% jump year-over-year, and Quicken points to its proprietary tech as the wind in its sails.
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  • Loan officers should be able to answer this question in 30 seconds or less

    Ask yourself this: Why should borrowers do business with you over the competition?
    [Op-ed] Mortgage loan officers face a challenge this year: With mortgage interest rates on the rise, the pool of eligible rate/term refinance borrowers shrinks. As that side of the business is waning, loan officers must work harder to earn a borrower’s business. So, ask yourself this: Why should borrowers do business with you over the competition?
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  • Calyx Software launches borrower loan interview solution Zip

    Prospective borrowers can interview online or via a mobile phone device
    On Thursday, mortgage software solution provider Calyx Software announced the launch of Zip, a new loan interview platform for loan originators to use with prospective borrowers. Calyx explains that Zip was developed with “today’s borrower in mind,” and allows LOs to interview prospective borrowers via a custom, branded URL.
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  • Black Knight launches robotics capabilities to assist lenders

    Will operate without human intervention
    Black Knight launched new robotics technology, which allows its LOS platform to perform certain tasks without human interference. The technology will actively monitor the LOS for key data changes or even lack of changes in order to trigger automated or manual tasks which need to be completed.
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  • Attom: Refinance originations fell to 10-year low in 1st quarter

    Overall origination volume by dollar amount drops to three-year low
    Mortgage rates may sit at a yearly low right now, but earlier in the year rates sat well north of 4%, and that drove first-quarter refinance originations to the lowest level in 10 years, a new report from Attom Data Solutions shows. Here's a full breakdown of Q1's loan data.
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