There are widespread and impressive advances being made in mortgage technology each day, from advances in the digital mortgage space to emerging lending or listing platforms and blockchain advances that help remove biases in lending — plus everything in between. As a mortgage industry professional, this type of mortgage technology news is important to keep a tab on. After all, advances in mortgage technology can lead to dramatic shifts in the way that you conduct your business, no matter what part of the housing market your industry is in.
You can stay up-to-date on the mortgage technology news you’re looking for with HousingWire’s mortgage tech coverage.
The latest Mortgage Technology news
July 2023 – In the face of a sluggish housing market and the looming possibility of a recession, mortgage companies and other players in the housing industry are striving to generate new business and remain viable. To differentiate themselves from competitors, these companies have been making substantial investments in cutting-edge technology. This has led to exciting developments in mortgage technology, from new platform integrations and tech-focused partnerships to advanced data coverage and AI-powered listing showcases that offer unique experiences to potential homebuyers and sellers.
Considering the rapid pace at which these advancements are emerging, it is crucial for professionals in the mortgage industry to stay informed about the latest trends in mortgage technology. The progress being made in this realm can significantly influence how real estate transactions are conducted. For the latest updates on mortgage technology news, HousingWire provides comprehensive coverage that will help you stay up-to-date and informed.
Mortgage Tech News
Citywide Home Loans agreed to settle a $1.2 million class action lawsuit to resolve claims surrounding a 2020 data breach that exposed sensitive customer information.