Banking and Finance

Banking and Finance

Banking Industry News, Mortgage Finance, and Payment Processing

Banking and Finance

Banking and Finance
Banking Industry News, Mortgage Finance, and Payment Processing

Brown Investments, Inc. Announces ATM Placements in Tennessee and Mississippi Airports

NASHVILLE, Tenn. -- The Memphis International Airport and the Tunica Airport in Mississippi are part of Brown Investments' plan to expand into the airports, hotels and office buildings markets. Brown Investments, Inc. is a full-service business brokerage and investments firm, specializing in the placement and sale of ATMs.

United Wholesale Mortgage announced that it has successfully implemented Fannie Mae's HARP 2.0 program requirements with Unlimited LTV/CLTV

BIRMINGHAM, Mich. /eNewsChannels/ -- United Wholesale Mortgage (UWM), a national wholesale mortgage lender operating in 47 states, announced that it has successfully implemented Fannie Mae's HARP 2.0 program requirements with Unlimited LTV/CLTV. UWM was one of the first lenders to implement the government's adjustments to HARP 2.0 when it went into effect December 1, 2011, and now they have effectively implemented the expansion of HARP 2.0 into their EASE (Easiest Application System Ever) broker portal.

Financial compliance expert Joanna Shelton joins Mid America Mortgage, Inc.

ADDISON, Texas /eNewsChannels/ -- NEWS: Mid America Mortgage, Inc. today announced it has hired financial compliance expert Joanna Shelton as the company's next compliance manager. In addition, Shelton will oversee compliance for Mid America's sister company Mortgage Machine Service and its flagship loan origination system (LOS) Mortgage Machine. Shelton brings more than 19 years of compliance expertise to Mid America.

HousingWire names Veros Real Estate Solutions the HW Tech100 ‘Market Influence’ Winner for 2015

SANTA ANA, Calif. /eNewsChannels/ -- NEWS: Veros Real Estate Solutions, an industry leader in enterprise risk management, collateral valuation services and predictive analytics, today announced today that it has been named the winner of the 'Market Influence' category in the 2015 edition HousingWire HW TECH100 list.
Maxwell Financial Labs

Maxwell Mortgage Automation Newly Enhanced with The Work Number from Equifax

eNewsChannels NEWS: (DENVER, Colo.) -- Maxwell, the emerging leader of digital mortgage automation software, unveiled today a partnership with Equifax Inc., a global information solutions provider, that will provide Maxwell customers and their borrowers with a faster, more seamless experience, beginning with automated employment and income verification through its proprietary database, The Work Number(R) (TWN).

DataTrac Originator Web-enabled POS Unseats Texas Mortgage Banker's Legacy Loan Origination Technology

SAN DIEGO, Calif. /eNewsChannels/ -- Del Mar DataTrac, Inc., a leading provider of affordable end-to-end mortgage lending automation solutions, and an industry pioneer in, paperless lending and loan process workflow tools, has signed Fort Worth, Texas-based Cendera Funding for its DataTrac Originator point-of-sale solution.

SaaS company LendingQB recognized for its End-to-end Loan Origination System engineered with a Completely Seamless Lending Workflow

COSTA MESA, Calif. /eNewsChannels/ -- LendingQB, a provider of seamless Web-based mortgage lending technology, has been selected by SourceMedia's Mortgage Technology magazine as a finalist for its 'Release of the Year' award. LendingQB's innovative engineering of its SaaS end-to-end loan origination system (LOS) - and what it has accomplished for lenders - resulted in the company being named one of the three finalists for the award.

eSign and eDelivery solutions provider DocMagic to be fully TRID Compliant by 8/1/15

TORRANCE, Calif. /eNewsChannels/ -- NEWS: DocMagic, Inc., the premier provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions, announced that the CFPB's proposed delay will have no bearing on its plans to be ready to meet the CFPB's originally planned Aug. 1 due date to implement the TILA-RESPA Integrated Disclosure (TRID) rule.
Altavera Mortgage

Altavera Mortgage Closed-Loan File Review Services Set for Q3 2016 Expansion

DENVER, Colo. -- Altavera Mortgage Services (Altavera), the premier provider of third-party residential mortgage origination services, announced today that it will expand its closed-loan file review services beginning in Q3 2016. Closed-loan review, also known as pre-purchase review, is the review and approval of loans prior to investor purchase, or the audit of a loan package prior to purchase by a correspondent buyer or aggregator.

OpenClose welcomes mortgage veteran Ken Ellis as director of business development

WEST PALM BEACH, Fla. /eNewsChannels/ -- NEWS: OpenClose, an enterprise-class end-to-end loan origination system (LOS) provider, announced that industry veteran Ken Ellis has been hired as director of business development. Ellis will be responsible for selling the company's multi-channel LenderAssist(TM) LOS platform to lenders, banks and credit unions.

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