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Is technology the problem, not the solution, in the mortgage industry?

Housing Wire

The mortgage industry has long been promised a technological revolution to streamline workflows, reduce operational costs, and enhance efficiency. Yet, despite significant investments in new technologies, the cost to originate loans has dramatically increased. The human touch remains critical in mortgage lending.

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Assessing the reverse mortgage technology landscape

Housing Wire

Reverse mortgages have a minimum age requirement that serves as a key differentiator for the product. But it also leads to questions about how much or how little technology tools can or should interact with the business. announced that it was implementing hybrid e-closings into its reverse mortgage processes.

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FinLocker says it will cover 100% of mortgage verification costs

Housing Wire

Self-branded “financial fitness” platform FinLocker announced Wednesday that it will cover 100% of the verification costs for mortgage borrowers who use lenders’ FinLocker-powered apps. This is about fundamentally transforming how the mortgage ecosystem works together.”

Mortgages 391
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Better Mortgage partners with NEO Home Loans to transform “local” mortgage lending

Housing Wire

Today’s mortgage lending environment is shifting rapidly. However, one mortgage company is in a prime position to transform the market and deliver value to mortgage professionals. However, one mortgage company is in a prime position to transform the market and deliver value to mortgage professionals.

Lending 365
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Ocrolus debuts Inspect, a new AI-driven mortgage solution

Housing Wire

Mortgage tech firm Ocrolus has introduced Inspect, a new solution within its artificial intelligence -driven mortgage document automation technology, which the company said will improve efficiency and scalability in loan origination. Currently, Ocrolus supports more than 95% of mortgage document types.

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Embracing new technology: Swapping Encompass SDK for Encompass Partner Connect with GridBase

Housing Wire

Mortgage and title clients are undergoing a significant transformation with the shift from Encompass Software Development Kit (SDK) to Encompass Partner Connect (EPC). This change driven by ICE Mortgage Technologys updated standards promises enhanced efficiency, cost savings, and future-proof workflows.

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Windsor Mortgage CEO explores technology services, coaching in the wholesale market

Housing Wire

In the most recent episode of the Power House podcast, host and HousingWire President Diego Sanchez sits down with Chris Vinson, CEO of Windsor Mortgage , a division of Plains Commerce Bank. The conversation covers Windsor’s growth and success in recent years, including its focus on wholesale lending , technology and coaching.