Sherwood Lawrence: Does the LO Have a Future in the Digital Mortgage World?

The digital mortgage revolution doesn’t take sides, but that doesn’t mean there won’t be casualties. The march toward efficient loan transactions will permanently redefine the roles of the mortgage lender and loan officer, radically transforming the entire production line of mortgage origination.

Industry Briefs

Essent Guaranty Inc., Radnor, Pa., and Cloudvirga, Irvine, Calif., announced an integration in which Cloudvirga will offer Essent’s products and services.

Industry Briefs

NewDay USA, Fulton, Md., said veterans and servicemembers can now sign mortgage closing documents without having a notary signing agent enter their home.

Industry Briefs

The Federal Housing Finance Agency selected Houlihan Lokey Capital Inc. as a financial advisor to assist in development and implementation of a roadmap to “responsibly end the conservatorships of Fannie Mae and Freddie Mac.”

Residential Briefs

First American Financial Corp., Santa Ana, Calif., acquired Title Security Agency LLC, a brand within the Arizona real estate community. First American had been a minority owner for five years.

Residential Briefs

First American Financial Corp., Santa Ana, Calif., acquired Title Security Agency LLC, a brand within the Arizona real estate community. First American had been a minority owner for five years.

STRATMOR: Borrower Satisfaction Driving Lender Technology Decisions

According to the 2019 Technology Insight Study, Greenwood Village, Colo., improving the borrower experience is the key driver for implementing technology, with three of the top five perceived digital benefits specifically focused on enhancing borrower satisfaction with the loan process.