Tag: Mortgage
Ascend Federal Credit Union Automates Residential Mortgage Lending with OpenClose LenderAssist LOS
eNewsChannels NEWS: -- OpenClose, an industry-leading multi-channel loan origination system (LOS) and mortgage fintech provider, announced that Ascend Federal Credit Union (Ascend) is leveraging its LenderAssist(TM) LOS platform and DecisionAssist(TM) product and pricing engine (PPE). OpenClose's completely browser-based solution has delivered additional efficiencies and heightened service levels for the credit union's growing mortgage lending division.
Cloudvirga Adds Mercury Network’s Award-Winning Appraisal Order Management to Its Digital Mortgage Point-of-Sale Platforms
eNewsChannels NEWS: -- Cloudvirga, a leading provider of digital mortgage point-of-sale (POS) software whose enterprise technology is powered by the Intelligent Mortgage Platform, today announced its completion of a fully automated, lights-out integration with Mercury Network, part of CoreLogic (NYSE:CLGX) and one of the industry's largest appraisal order management platforms.
Mortgage Capital Trading Wins PROGRESS in Lending Association 2018 Innovation Award for its New Bid Auction Manager
eNewsChannels NEWS: -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that PROGRESS in Lending Association, the industry's premier mortgage technology focused organization, presented the company with its annual Innovation Award for the rapid adoption and impact of its Bid Auction Manager(TM) (BAM) within the whole loan trading market.
Shahrzad ‘Shaz’ Kojouri named VP of Legal and Compliance at Matic Insurance Services
eNewsChannels NEWS: -- Matic, a digital insurance agency whose technology enables borrowers to purchase homeowner's insurance during the mortgage transaction, today announced it has tapped Shahrzad "Shaz" Kojouri as VP of legal and compliance. Prior to joining Matic, Kojouri was assistant general counsel for nonprofit student loan provider AccessLex Institute.
ReverseVision VP of Sales and Marketing Wendy Peel Honored with MBA Insights 2018 Tech All-Star Award
eNewsChannels NEWS: -- ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, announced today that Vice President of Sales and Marketing Wendy Peel has been honored with the MBA Insights 2018 Tech All-Star Award.
IDS Inc. and Veros Partner on Integrated Solution for Fannie Mae and Freddie Mac UCD Data Submissions
eNewsChannels NEWS: -- Veros Real Estate Solutions (Veros), a leading developer of enterprise risk management, collateral valuation, and predictive analytics services, and mortgage document preparation vendor International Document Services, Inc. (IDS) announced today that they have partnered to provide lenders with a fully integrated automated delivery solution for submitting the Uniform Closing Dataset (UCD) to the Government Sponsored Enterprises (GSEs).
IDS Inc. Adds Hybrid eClosing Capabilities to Its idsDoc Mortgage Doc Prep Platform
eNewsChannels NEWS: -- Mortgage document preparation vendor International Document Services, Inc. (IDS), announced that its clients now have the capabilities to conduct hybrid electronic mortgage closings through its flagship mortgage document preparation platform, idsDoc. Hybrid eClosings allow for faster, more seamless mortgage real estate closing transactions, which can help lenders meet the Consumer Financial Protection Bureau's (CFPB) "Know Before You Owe" mandate to improve the borrower experience for consumers.
Cloudvirga and Freddie Mac Collaborate to Deliver a Better Borrower Experience and Maximize Fungibility
eNewsChannels NEWS: -- Cloudvirga, a leading provider of digital mortgage point-of-sale (POS) software whose enterprise technology is powered by the intelligent Mortgage Platform, today launched single-click submission of loan data to both GSEs' automated underwriting systems (AUS) in a collaborative effort with Freddie Mac (OTCMKTS: FMCC), delivering on the industry need for greater transactional ease.
Mortgage Quality Management and Research says Lenders Should Supplement Resources for Compliance Guidance
eNewsChannels NEWS: -- MQMR (Mortgage Quality Management and Research) President Michael Steer today urged lenders to seek additional resources for compliance advice to ensure total compliance with regulatory requirements.
UPDATED: IDS, Inc. Advises Mortgage Lenders to Address UCD Warnings Prior to June 2018 Deadline
eNewsChannels NEWS: -- Mortgage document preparation vendor, International Document Services, Inc. (IDS), has announced it is advising all lenders to begin troubleshooting warnings from Fannie Mae and Freddie Mac's Uniform Closing Dataset (UCD) portal regarding missing information in their UCD files. Effective June 25, 2018, the GSEs will fire a fatal edit in their Loan Delivery systems if the UCD status is "Not Successful" or a UCD was not submitted. (UPDATED)
