Sagent keeps lining up deals after starting year with a bang

Pittsburgh-based Clearview Federal Credit Union partners with Sagent to bring its mortgage servicing business in-house. Continue reading

Mortgage tech provider Blend pulls back on hiring, eyes Title365 layoffs

A sharp decline in mortgage refinancing prompts Blend to pull back “very hard” on hiring and reconsider the “right number of people” needed in the title insurance segment. Continue reading

Survey: Mortgage refi crush exposed dangers of digital-heavy approach

Digital self-service combined with live personal service is key to retaining younger mortgage customers, J.D. Power concluded, with faster approval times demonstrating that the application and approval process “still requires some level of human intera… Continue reading

Cloud providers are now big players in the mortgage process

Cloud providers like AWS, Google Cloud and Microsoft Azure not only provide flexibility to scale, but have also developed proprietary AI and machine learning capabilities that can be customized to meet the needs of mortgage lenders. Continue reading

AI-powered mortgage processing: 27 options besides Google

Google Cloud may be making waves in the world of intelligent document processing with the rollout of a purpose-built solution for the mortgage industry, Lending DocAI, but there are at least 27 technology vendors competing in the space. Continue reading

Servicer Mr. Cooper investigated for unauthorized withdrawals

Mr. Cooper announced that many of its consumers had unauthorized withdraws, now the Consumer Financial Protection Bureau is looking into the matter and the adverse effects it may have. Continue reading

Google rolls out AI platform for mortgage lenders

Google Cloud rolled out Lending DocAI in preview mode last fall with Roostify, a provider of digital mortgage solutions to lenders, on board as a strategic partner. Continue reading

These are the mortgage lenders that dominated refinances in 2020

Mortgage lenders saw record volume in 2020, with refinances leading the way. Here are the top lenders that dominated refinances last year. Continue reading

Stimulus package could create ‘chaos’ in mortgage industry

A coalition of real estate and banking trade groups is calling on Congress to help banks with liquidity as they allow homeowners to forbear their mortgage payments. Continue reading