Browse articles from all of our Newsletters related to Technology.
January 28, 2015 - IMFnews
The industry seems to be cut out of some of the development of the securitization platform, said Rep. Scott Garrett, R-NJ...
January 26, 2015 - IMFnews
Thanks to its settlement with California regulators, Ocwen's share price is on the rise. But for how long?
January 23, 2015 - Inside Nonconforming Markets
Officials at Altisource Portfolio Solutions plan to provide services in the non-agency market as part of an effort to increase revenue and rely less on its former parent, Ocwen Financial. In a call with investors last week, CEO Bill Shepro said Altisource is developing products for members of the Lenders One mortgage cooperative. The Lenders One members represent approximately 17 percent of the largely agency lending market, and with the banks withdrawing from ...
January 23, 2015 - IMFnews
One LO who works for a top-10 lender (a bank) said she actually sees her customers half the time...
January 22, 2015 - Inside Mortgage Finance
Roughly 90 percent of the time, residential loan officers never see the end mortgage customer, according to several weeks worth of interviews conducted by Inside Mortgage Finance. However, few in the industry think its a problem. We have the technology not to see our applicants, said Jim Picard, vice president of home loans for Denali Alaskan Federal Credit Union. The technology that Picard and others refer to is...
January 20, 2015 - IMFnews
Assisting DocMagic with its work on RESPA-TILA disclosures is Richard Horn, a former senior advisor at the Consumer Financial Protection Bureau...
January 20, 2015 - IMFnews
Fannie's "Collateral Underwriter" will provide up to 20 comparables and appraisers will have to defend the comps they use...
January 16, 2015 - Inside Mortgage Trends
This year could be a watershed moment for mortgage lending as industry representatives feel their way around a brand new approach to closing disclosures, thanks to the pending implementation of the integrated disclosure rule from the Consumer Financial Protection Bureau. As a result, its likely that more lenders will assume greater control over the closing process as well as the end product. The new closing form is unlike anything the industry has seen before ...
January 15, 2015 - IMFnews
Marc Savitt, president of the National Association of Independent Housing Professionals, pointed to a flaw in the beta version of Rate Checker: it doesn't show the annual percentage rate.
January 6, 2015 - IMFnews
Theres a lot of 60- and 70-year old mortgage managers out there.
December 30, 2014 - Inside The GSEs
Fannie Mae and Freddie Mac are continuing their efforts in support of the Consumer Financial Protection Bureaus eClosing initiative as well as the broader industrywide push for eventual eMortgage adoption, despite the challenges that have confronted the latter over the past decade. Ann Epstein, product development director at Freddie, told Inside The GSEs she does not think the limited adoption of eMortgages to date is a technology issue. The technology ...
December 24, 2014 - IMFnews
We continue to hear reports about a new player in the warehouse lending space that is offering attractive borrowing rates that appear too good to be true.
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