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The company aims to help borrowers apply for home loans in as little as 15 minutes by automating immediate validation of bank information used in qualification.December 4
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The coronavirus pandemic has turned every industry on its head. For lending, it exposed the need for modernized, fully digital platforms.October 22
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The court struck down a 2015 update to the Telephone Consumer Protection Act, which permitted robocalls to cellphones for government-related debt collection.July 6
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Credit unions have achieved success in areas like auto and consumer loans but there is still room for them to increase their home lending.October 23
Chief Product OfficerCU Direct
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The Minneapolis company attributed the uptick to new tech tools, additional loan officers and other process improvements — not to mention the refi boom fueled by lower rates. It’s a formula other banks are expected to copy.October 16
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The mortgage industry has put more emphasis on organizing data in a digital manner and presenting it in an easily digestible format.September 18
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The Michigan-based CUSO has acquired a stake in NestReady, giving it exclusive industry rights on the mortgage technology firm's products.June 20
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There's plenty credit unions can do to compete with the likes of Quicken Loans' Rocket Mortgage, but sources cautioned more than technology will be needed to boost the bottom line.April 10
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The Federal Housing Administration is returning to manual reviews of higher-risk loans it insures because it's finding that a growing share have lower credit scores, higher debt-to-income ratios, or both.March 18
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A security lapse left millions of mortgage records exposed online without proper data protections, according to security researchers.January 23
