Tag: Mortgage
Subsequent QC LLC Urges Lenders to Protect MSRs Ahead of 2018 Mortgage Servicing Activity
eNewsChannels NEWS: -- Subsequent QC, LLC President Michael Steer today advised lenders to take steps to protect their Mortgage Servicing Rights (MSR) assets ahead of an anticipated increase in total mortgage servicing volume. According to the Mortgage Bankers Association, outstanding mortgage debt is expected to reach $10.4 trillion by the end of 2018, compared to $10 trillion in 2017 and $9.7 trillion in 2016.
ARMCO Q2 2017 Trends Report reveals defect trends typical in purchase-dominated markets
eNewsChannels NEWS: -- ACES Risk Management (ARMCO), the leading provider of financial quality control and compliance software ACES Audit Technology(TM), announced the release of the ARMCO Mortgage QC Trends Report for the second quarter of 2017. The ARMCO Mortgage QC Industry Trends Report is based on nationwide post-closing quality control loan data from over 90,000 loans selected for random full-file reviews.
LBA Ware CompenSafe Hits $1B in Lifetime Loan Origination Compensation Calculations
eNewsChannels NEWS: -- LBA Ware, a leading provider of automated compensation software and systems integration solutions for mortgage lending and retail banking, announced their sales incentive platform CompenSafe calculated $1 billion in lifetime origination commissions and operational bonuses in 2017. LBA Ware also experienced notable year-over-year growth, marked by a 152 percent increase in total compensation processed and a 130 percent increase in the number of lenders using LOS Talker, the company's systems integration solution.
Simplifile E-recording Network Zooms Past the 1,700th Jurisdiction Mark for 2018
eNewsChannels NEWS: -- Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, today announced that 23 additional recording jurisdictions throughout the Northeast, Mid-Atlantic, and Southeast have adopted Simplifile's e-recording platform.
DocMagic Inc. Reaches 300 Million Mortgage eSignings as More Borrowers Opt for eSigning
eNewsChannels NEWS: -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that it has processed more than 300 million mortgage-related electronic signatures.
The Mortgage Collaborative welcomes iEmergent to its Preferred Partner Network
eNewsChannels NEWS: -- The Mortgage Collaborative (TMC), the nation's only independent mortgage cooperative, today announced the addition of forecasting and analytics firm iEmergent to its Preferred Partner network. iEmergent offers TMC members market-based forecasts that can drill down into communities, making the intelligence relevant to both high-level strategic issues and specific market challenges.
FormFree Celebrates Its 10th Year of Operations with Broader Investor Acceptance, New Fintech Solutions for Lenders
eNewsChannels NEWS: -- The last 24 months have seen aggressive growth and milestone achievements for automated verification provider FormFree -- and now the fintech company is setting its sights on achieving even greater market penetration in 2018 thanks to broader investor acceptance and new products and features designed to meet lenders' unique needs.
MQMR Launches Internal Audit Services Compliant with Fannie Mae Seller-Servicer Dece. 19 2017 Update
eNewsChannels NEWS: -- Mortgage Quality Management and Research, LLC (MQMR), a leader in mortgage risk management and compliance services, today announced that its Internal Audit services offering meets or exceeds the requirements for Fannie Mae seller/servicers to be in compliance with the December 19, 2017 Fannie Mae Selling Guide Announcement SEL-2017-10 update.
Independent Mortgage Bankers Conference 2018: Mortgage Capital Trading COO Phil Rasori Scheduled to Speak
eNewsChannels NEWS: -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that its COO, Phil Rasori, will be speaking on a panel session at the MBA's 2018 Independent Mortgage Bankers Conference on Wednesday, January 24, 2018 being held at the Ritz-Carlton in Fernandina Beach, Florida.
Digital Mortgage Innovator, Cloudvirga Closes Record 2017 with Customers Producing Over $100B in Loan Volume
eNewsChannels NEWS: -- Cloudvirga CEO Michael Schreck is on a mission to help mortgage lenders reinvent the mortgage factory. A developer of intelligent mortgage point-of-sale platforms, Cloudvirga gives consumers and loan officers a digital mortgage experience and helps lenders grow market share by automating the mortgage back office, saving them up to $1,500 a loan.