Today’s technologies shape and redefine various aspects of our lives – how we shop, work, and increasingly finance our homes. Mortgage agency services are at the heart of this digital revolution in the home financing industry. They’re swiftly adapting to the waves of digital innovation, providing value to consumers and lenders. A recent survey by the Mortgage Bankers Association (MBA)…
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The mortgage industry has seen significant advancements in recent years. One of the most notable developments is incorporating automation into various processes. Mortgage automation revolutionizes how lenders and borrowers interact, streamlining workflows, enhancing efficiency, and ultimately delivering a seamless experience for all stakeholders. The prnewswire.com reported Rocket Mortgage, the largest mortgage lender in the USA, has made significant strides in…
Federal National Mortgage Association (FNMA), aka Fannie Mae, reported a substantial net income of $4.7 billion for the third quarter of 2023, sharing its financial details in a press release and subsequent filings, including its Form 10-Q. The mortgage landscape is not only robust but also swiftly changing. In this financial context, adapting promptly to Fannie Mae’s updates and maintaining…