Even though it’s unclear how quickly mortgage interest rates will fall this year, mortgage lenders are already preparing to capture the new business that falling rates will surely bring. For many, that means tweaking or investing in new marketing automation systems....
Dominic Iannitti, the founder, president and CEO of DocMagic, the mortgage document services provider, passed away last Thursday due to complications from pneumonia. Iannitti created the business plan for DocMagic while he was a senior at Long Beach State (now...
Rocket Mortgage, a division of Detroit-headquartered Rocket Companies (NYSE: RKT), has rolled out Rocket Logic, a patented artificial intelligence (AI) driven technology platform designed to close loans faster. According to the company, the platform combines insights...
Reston, Virginia-based Ardley Technologies Inc. has launched Autopilot, a white-labeled automatic underwriting engine designed to allow lenders to create instant, conditional loan approvals for qualified borrowers. According to the company, Autopilot is now available...
Consolidated Analytics Inc. (CA), a provider of technology-driven solutions for the mortgage industry, has acquired Real Info Inc., a provider of property data and valuation technology solutions. The financial terms of the deal were not released. According to the...
Small Mortgages Fall Below 3% of Originations, Exposing Rural Lending Gap
