Anti-fraud, Affordable Housing Products; Fintech Cap Raise; Agency News; Remember QE?

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Posted To: Pipeline Press

Attributes like trust, humility, honesty, and transparency aren’t traits assigned to websites focused on originating loans. Human capital is valuable, although one can’t ignore the march of technology. (Boeing is going ahead with plans to eliminate some 900 human inspectors over this year and next, “replacing their jobs with technology improvements.” That’s out of a total of some 3,000 at its Seattle operations, eliminating “the second set of eyes on thousands of work packages” per the union.) Certainly humans are determining the direction of Freddie, Fannie, and the FHA, speaking of which, today at 2:30ET plenty of humans (including me) will be turned in to the FHA’s Brian Montgomery making important proposed changes to lender requirements ....(read more)

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Source: http://www.mortgagen...

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