Category : Mortgage

Candor Technology Enhances Pre-Close Underwriting Efficiency and Helps Lenders and Investors Quickly Review Portfolios and Reduce Buybacks
Lending Mortgage News

Candor Technology Enhances Pre-Close Underwriting Efficiency and Helps Lenders and Investors Quickly Review Portfolios and Reduce Buybacks

PR Newswire
by PR Newswire0174
Recent study of more than 500k funded loans revealed zero repurchases Candor Technology, Inc., a leading provider of automated underwriting technology and other technology-enabled solutions for the mortgage industry, announced it has completed a study of more than 500,000 funded loans and zero had repurchases. Thirteen repurchase claims were defended because the......
Lender Price Unveils AI Offering "AI Assist" to Transform Mortgage Pricing Technology for Lenders
Artificial Intelligence Fintech Mortgage News

Lender Price Unveils AI Offering “AI Assist” to Transform Mortgage Pricing Technology for Lenders

PR Newswire
by PR Newswire0166
Lender Price announces the development of its groundbreaking AI offering, AI Assist, leveraging the power of artificial intelligence to deliver personalized insights to users and empowering them to make informed decisions in seconds. Lender Price, the first cloud-native provider of mortgage pricing technology, is thrilled to announce the development of......
Xactus Announces Integration with Dark Matter Technologies Empower LOS
Mortgage News

Xactus Announces Integration with Dark Matter Technologies Empower LOS

Business Wire
by Business Wire0157
Xactus, a leading verification innovator for the mortgage industry, announced that several of its verification services are now available via Dark Matter Technologies Empower loan origination software. “We are particularly excited about this integration because it provides lenders with unrivaled efficiency by helping them accelerate the loan process and create an exceptional......
Rocket Companies Introduces Rocket Logic AI Platform to Make Homeownership Faster and Easier
Mortgage News

Rocket Companies Introduces Rocket Logic AI Platform to Make Homeownership Faster and Easier

PR Newswire
by PR Newswire0251
This platform makes the mortgage process more efficient by combining insights from more than 10 petabytes of proprietary data and 50 million annual call transcripts with state-of-the-art deep learning and generative AI systems, allowing Rocket Mortgage to close more loans faster. Rocket Mortgage, America’s largest retail mortgage lender and a......
Unisource Joint Ventures Acquires MFI Data, Launches Unisource Credit
Mortgage News

Unisource Joint Ventures Acquires MFI Data, Launches Unisource Credit

PR Newswire
by PR Newswire0181
With the acquisition of MFI Data, Unisource can pair MFI’s credit reporting services with the extensive offering of title and escrow services of Unisource National Lender Services for a comprehensive customer experience that reduces costs and increases loan production for lenders. Unisource Joint Ventures, the parent company of Unisource National......
Ocrolus to Expand Offering with Representation and Warranty Coverage
Mortgage News

Ocrolus to Expand Offering with Representation and Warranty Coverage

Fintech News Desk
by Fintech News Desk0243
Ocrolus’ mortgage product suite can be incorporated into lenders’ existing workflow with ease through the Ocrolus dashboard, an API connection, or integrating natively with Encompass by ICE Mortgage Technology. Many lenders have turned to Ocrolus, a firm in AI-driven document automation and analysis, to help them automate previously manual processes......
Finastra’s Filogix Unveils Automated Lender Note Capabilities, Powered by Gen AI
Lending Mortgage News

Finastra’s Filogix Unveils Automated Lender Note Capabilities, Powered by Gen AI

PR Newswire
by PR Newswire0194
The function automates the creation of borrower narratives (notes) that aids in lender underwriting – streamlining processes, saving time and minimising errors for brokers. Finastra’s Filogix team has unveiled new generative AI (Gen AI) capabilities in its Expert Pro Canadian Mortgage Point of Sale (POS) solution. The function automates the creation......
Ardley Breaks New Ground with Autopilot, Delivering Instant Conditional Loan Approvals for Qualified Borrowers
Mortgage News

Ardley Breaks New Ground with Autopilot, Delivering Instant Conditional Loan Approvals for Qualified Borrowers

PR Newswire
by PR Newswire0181
By combining instant conditional loan approvals with hyper-personalised loan offers generated through the Ardley platform, Autopilot enables mortgage lenders and servicers to maximise deal opportunities in any rate environment while avoiding the typical sensitivity and scalability challenges associated with interest rate volatility. Ardley Technologies, a leading provider of mortgage technology......
New Survey Finds Significant Lack of Understanding of Mortgage Escrow Accounts and Raises Concerns Over Expected Increases
Mortgage News

New Survey Finds Significant Lack of Understanding of Mortgage Escrow Accounts and Raises Concerns Over Expected Increases

PR Newswire
by PR Newswire0164
Nearly half of respondents say they don’t understand how Escrow accounts work and would be unable to pay if their monthly mortgage payment increased by 25% due to rising taxes and insurance rates. A new survey from LERETA, a leading national provider of real estate tax and flood services for mortgage......
Mortgage Rate Optimism Hits Survey High
Mortgage News

Mortgage Rate Optimism Hits Survey High

PR Newswire
by PR Newswire0171
Consumer sentiment toward housing at highest level in nearly two years. The Fannie Mae Home Purchase Sentiment Index (HPSI) increased 3.5 points in January to 70.7, its highest level since March 2022, due primarily to increased consumer confidence in job security and another significant jump in the share of consumers expecting mortgage......
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