While the Federal Reserve has said they will pour virtually unlimited amounts of capital into the mortgage-backed securities market there...
Mortgage automation can be applied to every step of the mortgage process to help make lenders more efficient and provide a better user experience.
Better Mortgage is now offering mortgage loans in thirteen states with the expansion to Florida; the lender offers a number of advantages for borrowers including a 100% digital experience and a verified pre-approval letter for qualified borrowers within 24 hours; with the licensing in Florida, Better Mortgage gains access to lending in Tampa and Jacksonville, recently reported as two of the healthiest housing markets in the country. Source
Infutor has released a new white paper titled, “Increasing Speed to Lead for Mortgage Marketers” that provides key insights into...
California mortgage lender Opes Advisors is using proprietary software technology to help clients think more holistically about how buying a home fits into their financial plans; the company originates approximately $3 billion in mortgage loans per year and has built technology software that advises clients on comprehensive financial planning; also offering wealth management, the company provides comprehensive advisory services that are unique in the mortgage lending market. Source
The Financial Times digs into a regulatory filing released yesterday that shows how voting control will be organized after Quicken...
UK base challenger bank OakNorth launched a new mortgage product aimed at individuals who do not have typical sources of...
Southern Cross Financial is seeking to take advantage of New Zealand's expanding real estate supply with challenges in traditional mortgage lending; on December 1, the firm will become a P2P mortgage lender, evolving from a mortgage brokerage business; the firm has been arranging loans between alternative credit consumers and approximately 150 investors as a mortgage broker; the new P2P structure will provide a more standardized process for borrowers and investors. Source
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[Editor’s note: This is a guest post from Nima Ghamsari, Chief Executive Officer and Co-Founder of Blend, a Silicon Valley...
The Financial Conduct Authority (FCA) has launched a study analyzing the UK's mortgage industry; study will focus on the industry's tools for consumers and the partnerships among mortgage lenders; the FCA will specifically seek to identify ways to better utilize technological solutions within the industry; the FCA will be obtaining information from a range of market participants and plans to release the results of the study in an interim report in 2017 followed by a comment period and final report in 2018. Source