Mortgage technology

Mortgage Cadence sold to global software firm Partnerone

Loan origination system platform Mortgage Cadence is under new ownership following its sale to an enterprise software acquisition group. Partnerone, an international software firm with a record of acquiring and scaling companies, announced a purchase of the mortgage technology business from current parent Accenture. Mortgage Cadence has operated as a unit within the financial services […]

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Rocket tops customer ratings but industry sees overall drop

Consumer satisfaction with their mortgage lender lags their opinions on the life, health and property and casualty insurers they do business with, with year-over-year scores for the industry falling. The American Customer Satisfaction Index 2025 Insurance and Mortgage Lenders Study gives the real estate finance business a score of 74, down 1% from a year

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Bilt to let members earn housing rewards through Venmo

Housing rewards platform Bilt Technologies will partner with Venmo, adding the app to its existing payment methods that can help consumers earn points toward homeownership.  Beginning next year, Bilt members will have the opportunity to connect their accounts to Venmo, with the new option offering another way to earn points from rental and mortgage payments,

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Lenders move tech dollars to the back office

Mortgage technology dollars are flowing away from the consumer.  While industry investment has historically flowed into front-facing aspects, home loan players have shifted spending to back-office efficiencies in recent years, multiple experts said Wednesday at the Mortgage Bankers Association Annual conference in Las Vegas.  “What we’re seeing now is more investments on planning, risk, (quality

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Mortgage industry groups announce new tech sprint

A new tech showcase is in the works that aims to provide guidance and clarity to the mortgage industry as it tries to uniformly address shared residential lending compliance issues.  A cooperative effort between the Conference of State Bank Supervisors and the Mortgage Industry Standards Maintenance Organization, the tech sprint will kick off with a

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FHFA seeks comment on new strategic plan for GSEs

A government-sponsored enterprise oversight agency floated a new strategic plan on Wednesday that includes an emphasis on the supply side of the housing market in one portion of three overarching goals. US Federal Housing will be collecting comments through Nov. 5 on the new plan for its operations, two GSEs it oversees that are in

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Figure unveils new DSCR lending platform

Figure unveils new DSCR lending platform

Figure Technology Solutions has introduced a new platform for debt-service coverage ratio originations aimed to support growth of nonqualified mortgages as well as the company’s own blockchain-based marketplace.  The fintech’s lending platform aims to provide quicker access to capital for real estate investors, utilizing artificial intelligence and blockchain technologies to streamline underwriting and funding for

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LendingTree founder, CEO Douglas Lebda dies in ATV accident

Douglas Lebda, the founder and chief executive officer of LendingTree Inc., died Sunday following an all-terrain vehicle accident. He was 55. “We are deeply saddened by the sudden passing of Doug,” LendingTree’s board of directors said in a statement. The accident occurred on his family farm in North Carolina. He is survived by his wife,

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Aidium rebrands as Lendware after summer turmoil

Following a turbulent summer, customer-relationship management platform Aidium has relaunched as Lendware, with new leadership installed and existing operations overhauled.   New York-based technology firm Lendware announced this week it had acquired assets belonging to the CRM platform, subsequently rebranding it to the new parent’s name. The company also appointed longtime technology executive Josh Glantz

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MISMO releases loan data guide and AI glossary

The mortgage industry’s top trade group issued two new enhancements to help establish consistency across the loan boarding process as well as in communications surrounding artificial intelligence.  The Mortgage Industry Standards Maintenance Organization released its new loan boarding dataset, which provides a consistent data baseline to ease the path for newly originated mortgage loans to

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