Two mortgage-data providers are combining recorded property transactions with information drawn from loan documents to produce monthly reports on the business-purpose lending market, a segment where consistent public figures can be difficult to obtain. Elementix and...
Union Home Mortgage is testing and deploying automation aimed at two familiar bottlenecks in mortgage banking: customer conversations and document review. The lender displayed the technology to employees at its annual partner event in Cleveland, according to an...
In brief: Mortgage technology provider Floify has added verification of assets to its existing income-and-employment verification service, giving lenders another way to collect bank-account data without moving borrowers into a separate application workflow. The...
Beeline Holdings plans another round of workforce reductions and operating cuts, seeking to remove roughly $250,000 in monthly expenses as the digital mortgage lender works toward positive cash flow. The Nasdaq-listed company disclosed the plan Tuesday, putting the...
VantageScore has introduced a mortgage credit-score simulation API designed to show lenders how particular changes to a borrower’s credit file might affect a VantageScore 4.0 result. The October 16 launch adds another tool to an increasingly competitive mortgage...
Barings Buys $66.2 Million Orange County Retail Center as Grocery-Anchored …
