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LoanLogics integrates digital document processing tools with Finastra’s MortgagebotLOS

Housing Wire

It automatically extracts all income data, checks for missing documents and calculates borrower’s qualifying income according to Investor guidelines.

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How mortgage tech vendor options benefit lenders

Housing Wire

AC: It’s incredibly limiting, especially in the mortgage industry where there is a constant cadence of updates and changing guidelines from various regulators, GSEs or investors. Even independent of architecture, consider response rate and the overall pace of innovation. HW: How has this technology gridlock hurt lenders?

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A look behind this year’s Tech100 winners

Housing Wire

News just broke that private equity investor LLR Partners announced strategic investments in two mortgage technology companies — Mortgage Coach and Sales Boomerang ( click here for article ). With efficiency metrics and client outcomes like these it’s no surprise that the company continued to attract capital and investor interest.

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Data Collectors: Appraisers vs. Uber Drivers

Appraisal Today

Fannie Mae will end up creating more instability for the trillions in the bond market – investors will have to process millions of valuations with the physical attributes of the home collected by unlicensed, uninsured, and unprepared individuals getting paid $10-$25 per inspection. . His homes are as unique as he was,” says Heinrich. “He

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Appraisal Time Adjustments Underutized

Appraisal Today

They are risky for the lender and its investors. Marketing to private money lenders Remember the old mortgage broker days of visiting an office and chatting with loan officers? An architectural smooth curved arc ceiling. For borrowers, rates and fees are high because of the risk. Custom home on 8.86 Sited on 8.86