Industry Briefs July 22, 2020

Quicken Loans, Detroit, along with Amrock, its electronic closing provider, completed a Remote Online Notarization mortgage closing North Carolina, reportedly the first in the state.

Whitepaper Examines COVID-19 Challenges, Future of Mortgage Industry

Altisource, Luxembourg, recently hosted a Mortgage Industry Pandemic Summit, featuring six sessions and 28 speakers, to discuss the major challenges facing the industry as well as possible solutions. Now, it has published a whitepaper summarizing the summit’s key ideas, best practices, guiding principles and analyst advice, as well as results and analysis of more than 20 poll questions.

Altisource: AI Will Differentiate Competition

Altisource, Luxembourg, released its annual State of the Originations Industry report, which said a significant number of respondents said artificial intelligence will enable their organization to stand out among its competitors.

Default Servicing Analysts Expect Uptick in Some Loan Types

Altisource Portfolio Solutions SA, Luxembourg, said its annual survey of default servicing professionals show a bit of nervousness in 2020 over certain loan types, including FHA and private lender loans.