Banks Lead Way Into Social Media Utilization
A pair of recent reports reveal how prospective financial services customers are using social media and how financial institutions are capitalizing on the trend.
Wave of LOS Integrations
Developers of loan originations systems have recently been busy integrating the offerings of other mortgage service providers into their systems. Several LOS upgrades have been announced.
Rocket Mortgage Production Soars
Quicken Loans Inc. generated an average of more than $500 million per month in originations last year from its Rocket Mortgage program.
e-Mortgages to Benefit RMBS Loans
A new report indicates loans included in residential mortgage-backed securities will benefit from digital mortgages as long as legal issues are addressed.
loanDepot Automates Home Lending
A new digital lending process that has been unveiled by loanDepot LLC can provide near-instant approvals for home lending prospects, though it's not for everyone.
Several Mortgage Topics Covered at Conferences
Technology, mortgage servicing rights and financial regulations are among the topics to be covered at a host of mortgage-related conferences during the next few months.
Appraisal Services Integrated Into LOS Systems
Appraisal services have been integrated into multiple loan origination systems. Meanwhile, an update has been issued for government appraisals.
Potential Enforcement Action Against Altisource
Altisource Portfolio Solutions S.A. has disclosed that it faces a potential enforcement action over technology services that it has provided to Ocwen Financial Corp.