Five Smaller Banks Band Together on Fintech Escrow Fix

One bank from New Hampshire, one from Massachusetts, one from Connecticut and two from New Jersey teamed up to help develop a fintech-based solution for often-manually-intensive escrow services. And the unusual approach is paying off as they learn from each other and collaborate.

Staff and Technology Key to Record Loan Volumes

When the economy began to close down a year ago, the mortgage industry faced questions about how the pandemic would affect lending. But as interest rates continued to drop in 2020, lenders soon found that consumers looking to refinance their homes would keep the industry busy.