FHA Appraisal Delivery Going Digital
Mortgagees on government-insured residential loans will have to start using a new electronic portal to deliver appraisal reports next year.
Bank of America Mortgages By Video
A move into video conferencing by Bank of America Corp. is being expanded as the lender enables prospective borrowers to communicate with its staff by video.
Lenders Embrace Mortgage Production Services
Several financial institutions have engaged mortgage service providers to improve the production process. Services range from loan verifications to processing and underwriting.
Conferences Address MSRs, Wholesale and Reverse
A bouquet of conferences and workshops will bloom throughout March, into April and beyond. With topics that include servicing rights, wholesale lending and reverse mortgages -- mortgage professionals have their pick of subject matter.
The Wholesale Mortgage Wire
One wholesale mortgage lender has upgraded its technology, while another has launched a reverse mortgage product lineup. A consultant is helping wholesalers beef up their businesses.
Appraisal Services Address Collateral Underwriter
Compliance with Collateral Underwriter is among several valuation solutions recently addressed through technology upgrades and company-to-company data integrations.
New Clients Touted by Servicing Tech Firms
The last few months of last year mostly saw new client gains for a handful of loan servicing software providers. While one Texas company unveiled a servicing platform upgrade and a new add-on solution to that platform, a Michigan company received approval from a major banking association.
Highest-Rated Mortgage Lead Handlers
Winning the bid for a prospective borrower is only half the battle, and some lenders do a better job than others from that point on.