Incenter Appraisal Management launched a remote appraisal service, United Wholesale Mortgage is allowing brokers to bypass appraisal management companies and Fannie Mae is looking to reduce appraisal bias.

Nearly half of the executives surveyed by Fannie Mae expect profit margins to contract in the fourth quarter.

Unfazed by mounting losses, the newly public mortgage technology vendor is working to add clients and complete more acquisitions.

A Fannie survey finds that most recent homebuyers used no online tools to get their mortgage. The use of some digital channels actually declined during the pandemic.

Digital verification of borrowers’ income, employment and assets can significantly reduce the length of the mortgage closing process. And the tech got a boost from the pandemic.

The patent awarded to Liquid Mortgage covers a significant portion of the tech startup’s business model. LM is looking to apply blockchain to the mortgage securitization process.

The technology company, which is the key service provider for the title insurance industry, is still in negotiations with the perpetrator.

HMDA data show that minorities face notably higher denial rates than white borrowers, and more so if the mortgage is underwritten manually. (Includes data chart.)

Tomo was founded by two former Zillow executives with a sole focus on purchase mortgages. Meanwhile, three-year-old Lower recently completed a $100 million Series A funding round.

A few more mortgage IPOs could hit the stock roulette wheel by yearend. The reason: another potential reprieve on rates.