2014 an Uncertain Year in Mortgage Industry November 15, 2013New regulations and likely declines in loan origination levels portend a difficult year for mortgage bankers. CFPB Makes Complaint Data Public March 28, 2013The database contains some 90,000 searchable complaints on mortgages, student loans, bank accounts and services, other consumer loans, and credit cards.
Mortgage Builder Releases New Loan Origination Platform for Lenders September 20, 2012Mortgage Builder's new Architect platform offers a more user-friendly experience and easy enhancements for bank's lending operations. Bank M&As Pick Up Steam: Hudson City to Merge with M&T Bank August 27, 2012Hudson City to merge with M&T Bank; $3.7 billion deal creates combined network of 870 branches stretching from Connecticut to Virginia. Big Four Banks Expected to Post Profits For Second Quarter, Report Says July 16, 2012A new report by SNL Financial says that the "big four" banks will post modest profits for the second quarter despite unsure economic conditions. What the New CFPB Mortgage Disclosure Forms Mean for Banks July 12, 2012Although making the switch over to the new disclosure forms could be messy for banks, it could also help restore customer confidence in banks and mortgages. Mortgage Loan App for iPad Gets New Loan Origination Features July 10, 2012Loan agents, realtors and borrowers will now be able to start the loan application process in real-time with the LenderMobile+ app for the iPad. BofA Gives "Clarity Commitment" to 1 Million Borrowers February 11, 2010Former Countrywide unit has given a one-page loan summary to a million borrowers, in the interest of transparency. Suicide Suspected in Freddie Mac CFO Death April 22, 2009David Kellermann, 41, found dead in a reported suicide. SigniaDocs Integrates with World Wide Notary Service for Paperless Mortgages March 17, 2009 Irish Banks Reeling From Bursting of Property Bubble March 15, 2009Ireland's property bubble has burst, sending its banking industry — and economy — into a downward spiral. But bank consolidation and automation efforts may help the small island's financial technology sector regain its roar. U.K.’s FSA Considering Tougher Bank Regulation February 29, 2008FSA's response to credit crisis could mean more IT spending for U.K. banks. Sub-Prime Lending Mess Not Technology’s Fault September 20, 2007Experts say technology and good decision-making go together in avoiding loan risk. Bank of the West Sticks to Fiserv for Lending Following Acquisition January 01, 2007Bank of the West takes on mortgage operations of acquired bank. True E-Mortgage Inches Closer to Reality December 01, 2006Systems integration remains major obstacle. E-Opportunity May 01, 2006Lenders should expand online mortgage offerings, study says. Re-fi Boom’s End Signals Switch In Online Mortgage Banking Tactics March 09, 2004The Q1 2004 Internet Mortgage Scorecard results bear out the old adage that in an economic shakeout, the strong tend to get stronger. Freddie Mac Inks Software Deal December 10, 2002Freddie Mac sells the rights to its online mortgage processing and closing tools to BCE Emergis for approximately $18 million. Banks Mulling New Product Ideas February 01, 2002Could the current account mortgage disrupt the traditional U.S. retail financial services model? Another Dot-Com Fizzles Out November 06, 2001Bank of America folds its Loans.com portal back into its main site.