Can mortgage technology help lenders drive purchase business?

Twitter storm over offensive Bloomberg housing cover Shadow inventory rocked by foreclosure snafu  · feds sanction mortgage servicers for foreclosure debacle.. Tech snafu, improper foreclosure affidavit lead to sanctions for LPS.. Shadow inventory declines by 1.2 million in 2012.

LOS ANGELES, Oct 28, 2013 (BUSINESS WIRE. is designed to help mortgage professionals build better relationships with borrowers and real estate partners and convert more purchase mortgage leads into.

Fannie Mae’s Q1 2019 mortgage lender sentiment survey (mlss) asked respondents about this transition and identified two pieces of technology lenders saw as having the greatest potential to help.

Many banks are limiting loans to borrowers with nearly perfect credit or taking other steps to shrink their mortgage business. They could also help prevent the loan market from freezing up and.

The mortgage lending industry is still largely powered by technology. Borrowers do not currently have access to lenders' internal systems, to “self-serve,” while providing comfort knowing expert help is only a click away. 4.. loan terms and fees within the three business day period prescribed by the rule.

Mortgage lenders make fintech a bigger priority than cost-cutting Mortgage lenders continue prioritizing technology efforts over all else in hopes of tackling a slew of market hurdles and threats, according to Fannie Mae.

 · Obviously, not every lender can think this far out of the box – or get Berkshire Hathaway to bankroll it-but he argued its the kind of bold thinking that can, over the long run, drive purchase.

Treasury doesn’t want former Fannie CFO in GSE investor lawsuit The European Parliament may ease a planned ban on fund-manager bonuses that top fixed pay if investors get to vote on the. investigators and defending shareholder lawsuits. While Wal-Mart doesn’t.