Items Tagged with 'digital mortgage process'

ARTICLES

  • Are seniors ready for the digital reverse mortgage?

    New startup MortgageRewind says yes
    Historically, reverse mortgages require a long, consultative sale that often calls for numerous meetings, lots of paperwork and a good bit of hand-holding. One Colorado-based startup is aiming to change this with the launch of its 100% digital HECM application, offering seniors the ability to obtain a reverse mortgage from start to finish online.
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  • Credit Karma enters the mortgage business by buying Approved

    Personal finance company has more than 80 million members
    Credit Karma, the personal finance company that provides its 80 million members with products and services to manage their finances and connects those members to financial services providers, is officially getting into the mortgage business by acquiring Approved, a digital mortgage platform.
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  • Spruce raises $15.6M to disrupt title industry

    Additional investor involvement brings total Series A funding up to $19.1 million
    Self-proclaimed as the first digital native title company, Spruce is out to disrupt the paper-based title and escrow process as part of the real estate industry’s quickening march toward the digital mortgage. And now, the company has some new capital to aid its pursuit.
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  • BOK Financial joins Roostify's ranks of digital mortgage approvers

    As the mortgage industry continues to move toward digitization, Roostify cleans house
    The digital floodgates have opened, and another lender is in the process of developing a digital loan application platform with Roostify. Lender BOK Financial announced that it will be rolling out a digital loan application platform with Roostify's help. Roostify continues on its tear of lender gets as the mortgage industry runs toward digitization.
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  • SunTrust becomes latest bank to roll out digital mortgage platform

    Joins Wells Fargo, Bank of America, Chase, others
    Another lender is about to join the digital mortgage revolution, as SunTrust announced Monday that it is rolling out a digital mortgage application platform. SunTrust claims that its platform, which is called the “SmartGUIDE Mortgage Application,” allows consumers to complete a mortgage application entirely online in “half the time” of a typical mortgage application.
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  • 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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  • 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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  • Nationwide adoption of online notarization just took a big step forward

    Nation’s secretaries of state adopt regulatory standards
    One of the main things standing in the way of a fully digital mortgage in many states is the requirement for a notary to witness the signing of the mortgage closing documents. Currently, only four states allow online notarization, but it appears that the push to take online notarization nationwide is about to take a huge step forward.
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