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HUD watchdog makes 35 recommendations to shore up issues

Housing Wire

Department of Housing and Urban Development (HUD) Office of the Inspector General (OIG) on Tuesday released its priority open recommendations report, submitted to HUD Secretary Marcia Fudge designed to highlight as-yet unaddressed risks in the management of the department.

Design 433
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Clear Capital and ICE Mortgage Technology Expand Partnership to Support Adoption of Modern Appraisal Programs

Clear Capital

Through this integration, Clear Capital will deliver an improved user experience for mortgage lenders and loan officers ordering products that support appraisal modernization, such as Universal Data Collection (UDC ) , Desktop appraisals and Hybrid appraisals. Clear Capital’s automated status updates keep the lender informed in real-time.

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Senators reintroduce bill to allow remote online notarizations

Housing Wire

It would also require the use of tamper-evident technology in electronic notarizations, and help prevent fraud through the use of multifactor authentication. billion notarizations are completed every year, including powers of attorney, beneficiary designations, real estate transactions and mortgages. million in the U.S. –

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How 2020 raised the stakes for the mortgage industry

Housing Wire

Not to be outmatched, the incumbent software providers each updated and launched their own POS to stave off the encroaching technology. The digital POS technology explosion promised to make the loan application process a less confusing and more casual experience for the consumer. The digital point of sale (POS) was born.

Mortgage 356
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Introducing the 2023 Women of Influence!

Housing Wire

Name Job Title Company Name Agnes Standowicz Senior Vice President and Head of Underwriting United Wholesale Mortgage Alayna Gardner Director of Sales and Marketing LodeStar Software Solutions Ali Haralson President Auction.com Amanda Tucker Chief Risk and Compliance Officer Atlantic Bay Mortgage Company Amy Gromowski Executive of Science and Analytics (..)

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Are these factors creating chaos in your mortgage lending ops?

Housing Wire

Technology will be the most popular solution, but choosing to implement multi-million-dollar platforms to streamline operations introduces even more complexity before savings are realized. Servicers, especially those who service government-insured loan products, are under statutory time constraints that give them very little wiggle room.

Lending 305
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Orchard raises $69M in Revolution-led Series C

Housing Wire

This article was written for FinLedger, HW Media’s new fintech focused news brand designed specifically for financial services professionals in banking, payments, insurance and proptech. When something is seamlessly designed into the experience, you’re more likely to use it,” he said.