Sales of previously owned US homes fell in March to the lowest since June, showcasing the challenges facing the housing market as it heads into the key spring selling season. Processing Content Contract closings decreased 3.6% to an annualized 3.98 million, according to National Association of Realtors data out Monday. That was below the median […]
Existing-home sales fall to nine-month low as prices rise Read More »
While President Trump’s executive order promoting increased access to mortgage credit makes prominent mention of digital loans and remote online notarization, the practical effect might be limited. Processing Content RON is already allowed in 48 states and the District of Columbia; though some of those still only have temporary authorization in place. However, even with
Trump push on RON faces real-world limits Read More »
Long-time industry executive Brian Vieaux will be the newest president of the Mortgage Industry Standards Maintenance Organization starting on Oct. 1. Vieaux is currently president and chief operating officer of Finlocker, where he has been with the company since July 2019. Previous roles in the lending side of the business include stints at Flagstar Bank,
Brian Vieaux to become new president at MISMO Read More »
The ultimate promise of technology in the mortgage industry is to improve the mortgage industry. It is such a simple, straightforward statement. And yet despite massive investments in myriad fintech solutions, improvements remain iterative and difficult to even quantify. Here’s where the disconnect happens. Any significant investment in technology should map to a predictable ROI.
The one question to ask before investing in mortgage tech Read More »
As homebuyers demand faster, easier lending experiences, mortgage professionals are under pressure to deliver speed, compliance, and consistency across every stage of the loan lifecycle. According to Fannie Mae, 75 percent of recent homebuyers cited process acceleration as the top benefit of a digital mortgage process, while 71 percent pointed to ease of use. With
5 trends driving digital mortgage solutions in 2025 Read More »
In a move that could further boost a mortgage segment that’s expected to grow, the Mortgage Industry Standards Maintenance Organization has put the SMART Doc V3 eHELOC Specification out for comment for a 30-day period through July 5. MISMO, a subsidiary of the Mortgage Bankers Association, is the development standards body for the mortgage industry,
MISMO puts eHELOC specs out for comment Read More »
Mortgage software provider Dark Matter Technologies is making electronic closing capabilities available on another of its loan-origination systems through a new agreement with Wolters Kluwer. The technology firm will offer e-closings on the Nova LOS platform, a system it added to its product suite alongside its primary Empower origination system in the latter half of
Dark Matter to offer e-close capabilities through Nova LOS Read More »