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Volume 25 - Number 4

February 17, 2014

Tech Update/ICYMI

New Document Delivery Solution Aims to Boost Lenders’ Efforts to Meet CFPB Appraisal Delivery Requirements. Black Knight Financial Services of Jacksonville, FL, recently launched its Document Delivery Service to help lenders deliver CFPB-mandated appraisals to consumers. “The service enables lenders to securely and reliably deliver the documents in both electronic and paper formats, helping lenders comply with the bureau’s recent amendment to Regulation B, which implements the provisions of the Equal Credit Opportunity Act,” the company said...

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Poll

With originations expected to drop in 2018, will your shop turn to non-QM/non-prime mortgage products as a way to bolster volumes?

Yes, definitely. We’re planning a launch.

33%

No. It’s still difficult compliance/regulatory-wise.

20%

Maybe. It’s under consideration.

33%

Not now. But things could change as 2018 progresses.

13%