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ICE looks to rethink the mortgage servicing experience

Housing Wire

The new interface is poised to streamline workflows, enhance efficiencies and simplify the training process for servicing team members. Mortgage escrow is inherently complex, and the technology lift to handle the many moving parts is significant,” Tim Bowler, president of ICE Mortgage Technology, said in a statement.

Mortgage 377
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Title industry examines risks, rewards of AI

Housing Wire

As existing-home sales continue to slide and mortgage rates rise ever higher, all but eliminating any hope for refinance transactions, the title insurance industry is doubling down on technology. At the same time, firms overlook the cultural impact the technologies could have, causing us to underestimate their impact on society.

Tools 377
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How one mortgage fulfillment service increases efficiencies while minimizing risks

Housing Wire

As part of a larger global company offering a wide range of end-to-end solutions, we provide integrated products and technology far beyond full-service mortgage fulfillment. Plus, we offer appraisals and field services through other Altisource’s lines of business, including insurance through CastleLine.

Mortgage 400
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A look at key mortgage claims challenges servicers are facing

Housing Wire

The pandemic has brought to the surface the glaring inefficiencies – limited trained staff, multiple claims systems, inefficient manual processes – and (unnecessary) financial costs that have plagued the claims servicing process for decades. Servicers are taking a harder look at technology to reinvent the way they process claims.

Mortgage 370
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Mortgage and title firms grapple with recent rise in cyberattacks

Housing Wire

In addition to accepting what industry professionals feel is inevitable, cybersecurity experts stress the importance of protecting passwords and training employees on basic security principles. Experts say hackers obtain login information through phishing scams or even self-serve password reset tools.

Mortgage 425
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How reverse mortgages could improve financial stability for older homeowners

Housing Wire

CM : Firstly, reverse mortgages, whether government-insured or proprietary, are non-recourse loans. In fact, many financial researchers and scholars have identified it as a strategic tool that should be considered part of a holistic financial strategy for retirement.

Mortgage 397
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Opinion: Don’t cut back on professional support services

Housing Wire

After all, title insurance is only issued after the public records are thoroughly scrutinized. That means actions like slowing planned investments in technology, layoffs and the elimination of third-party provider or service contracts that aren’t deemed mission critical. And not all rebounds are even, either.

Training 319