Page 4 - Seth Appleton News Today

Innovations that reduce costs, boost borrower satisfaction drawing attention

Home prices are growing, and so is the cost of originating a loan. Here's how digital closing can help with housing affordability.

New changes do more to pave the way for electronic modifications and will open the government bond insurer’s program up to new applicants.

/PRNewswire/ -- The American Land Title Association (ALTA), the national trade association of the land title insurance industry, announced that it will be the...

As the effects of the pandemic continue to reshape the rhythms of the industry, mortgage lenders, brokers and others predict a busy, competitive landscape but say more non-QM loans will fill volume gaps caused by low supply.

MISMO, the real estate finance industry's standards organization, announced Tuesday that it's seeking participants for a new development workgroup (DWG) focused on creating eVault standards that foster interoperability among eVault providers.  The group will seek to develop standards that improve the current process, enhance digital mortgage scalability, and help ensure the seamless transfer of eNotes to facilitate their sale to investors, MISMO said in a news release.

MISMO, the real estate finance industry's standards organization, is seeking public comment on a new guide and sample credit response designed to help industry professionals using its Reference Models v3.4 and v3.5 to better report on loans that have been in or are in forbearance. 

The Mortgage Industry Standards Maintenance Organization, or MISMO, has announced its Board of Directors for 2022. According to the Mortgage Bankers Association, which appoints all of MISMO's directors and chairs, the real estate finance industry's standards organization collaborates across the industry to create essential standards that expedite the exchange of information, accelerate the industry's move to a fully digital mortgage process, and establish best practices to address...

The MI Estimated Rate Quote application programming interface is built upon the JSON standard, used in server-to-mobile communications.

Lenders and title companies are increasingly partnering with tech companies to create remote mortgage closings.