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New American, Onity, SWBC announce tech deals

Multiple lenders are teaming up with fintechs this summer to improve operations and the borrower experience. Processing Content Just as recent mortgage industry consolidation has put the spotlight on the value of operating with the newest technology, vendors are continually looking for ways to augment their services and have several recent wins to celebrate.  The […]

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Vendor AI advances point to faster loan processing options

Tech providers are raising the stakes in artificial intelligence development, and mortgage companies appear to be taking note. Processing Content With mortgage software firms posting noteworthy wins over the past several months, developers are moving forward with new initiatives and plans as they try to get ahead in AI innovation. As lenders recognize the need

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Figure slashing loan costs, competing with Fannie, CEO says

Figure CEO Michael Tannenbaum foresees potential for the fintech he heads that goes beyond its current niche as a blockchain-based marketplace for consumer loans, most of which have been home equity products. Processing Content “We’re kind of like an Encompass or Ellie Mae plus Fannie Mae, but we’re doing it in a modern way,” he

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