by Verification News | Nov 28, 2018 | News
Mortgage lending service provider Ellie Mae is going all-in by joining forces with one of the largest data cloud providers out there. Ellie Mae announced it is joining Amazon Web Services in further automating the digital lending process. By doing so, digital mortgage...
by Verification News | Nov 26, 2018 | News
Type the phrase “Cyber Monday” into Google, and you’ll find links not only to special Cyber Monday coupons and savings, but also to Cyber Monday-only sales at some of the largest online retailers. It’s truly become the internet’s version...
by Verification News | Oct 24, 2018 | News
Five California companies appear to not actually exist The number of fake employers showing up on borrowers’ mortgages is growing. Earlier this year, Fannie Mae issued a warning to lenders after identifying more than 30 companies that appeared to be fake that were...
by Verification News | Oct 19, 2018 | News
These days, so much of our lives happen online. Email is more common than snail mail. Americans are just about as likely to shop online as at a brick-and-mortar store. And more than half of all bills are paid online. We can get online pretty much anywhere we go and...
by Verification News | Oct 17, 2018 | News
Both Wells Fargo and Bank of America rolled out digital mortgage applications this year, and the megabanks revealed Tuesday just how much the programs are already being utilized by mortgage applicants. Hint: A lot. Representatives from Wells Fargo and Bank of America...
by Verification News | Oct 12, 2018 | News
“If you don’t view yourself as a technology company that does mortgages, you’re missing it.”—Bill Emerson, Vice Chairman, Quicken Loans That quote encapsulated this week’s third annual Digital Mortgage Conference in Las Vegas. To compete in the next decade, brokers...
by Verification News | Oct 4, 2018 | News
Home buying has gone high tech and the market has millennials and fintech companies to thank. Rewind a few years and most people shopping for a home would scoff at taking a virtual reality tour, applying for a mortgage on their mobile phone or purchasing a house...
by Verification News | Sep 24, 2018 | News
Moving to better protect taxpayer data, the Internal Revenue Service has introduced a new format for individual tax transcripts that will redact personally identifiable information from the Form 1040 series. This new transcript replaces the previous format and will be...
by Verification News | Sep 11, 2018 | News
It’s been nearly three years since a watershed moment propelled the concept of a digital mortgage into the public consciousness and sent the industry into a frenzy of innovation and investment. That moment, a 60-second commercial during Super Bowl 50 for Quicken...
by Verification News | Aug 16, 2018 | News
A mortgage scam in California where fraudsters provide fake employer information on loan applications is more widespread than originally suspected, Fannie Mae said in a new fraud alert. Fannie warned lenders about the scam in May, when it was first identified in...
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