Auction.com, LLC, a online real estate marketplace, is among the winners of the 13th annual AlwaysOn Global 250, a list of the most promising private companies creating enormous opportunities and inventing new categories across the global technology landscape, the company announced in a press release.
Read More »GuardianDocs Completes Calyx Software Integration
Document preparation service GuardianDocs, a division of Denver, Colorado-based domestic-based end-to-end mortgage services provider LenderLive Network, is seamlessly integrated with Calyx Software, a Dallas, Texas-based mortgage solutions provider for banks, credit unions, mortgage bankers, and brokers, according to an announcement from LenderLive Network.
Read More »Credit Union Organizations Respond to GAO Recommendation on Vendor Authority
The U.S. Government Accountability Office (GAO) issued a report on cybersecurity last week highlighting that banks and other depository regulators need better data analytics and depository institutions want more usable threat information. The National Association of Federal Credit Unions (NAFCU) & the National Credit Union Association (NCUA) both responded to the GAO's recommendation on vendor authority.
Read More »Firms Must be Conscious of Leaving Themselves Vulnerable to Hackers
Commentary is an ongoing series on theMReport.com that focuses on opinions, ideas, and insights from experts across mortgage banking. This advisory piece features Steven Russo, EVP of CertainSafe, discussing how legal practitioners hold, store, and transfer critical, privileged and highly sensitive information entrusted to them, which by default, makes them prime targets for hackers.
Read More »NetDirector Expands its Footprint into Loan Origination
NetDirector, a provider of cloud-based data and document exchange services for the mortgage banking industry, recently signed an agreement with enterprise lending solutions provider, Mortgage Machine Services, to enable them to comply with the upcoming TILA-RESPA Integrated Disclosure (TRID) requirements, according to a recent press release.
Read More »Credit Report Integration Added to ReverseVision’s Mortgage RLOS Platform
ReverseVision, Inc., recently announced in a press release it has added credit reporting capabilities to RV Exchange (RVX), ReverseVision’s reverse loan origination system (RLOS) platform. With this new technology, reverse mortgage lenders can automatically import a borrower’s credit information directly into RVX’s Financial Assessment (FA) module.
Read More »CFPB Releases Nearly 8,000 Consumer Complaint Narratives about Financial Companies
For the first time, over 7,700 consumer complaints about problems they are facing with financial companies concerning mortgages, bank accounts, credit cards, and debt collection, among others, were released today by the Consumer Financial Protection Bureau (CFPB) on their Consumer Complaint Database, according to a press release.
Read More »DocMagic Begins Testing SmartCLOSE Program for TRID Preparation
Provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions, DocMagic, Inc., recently announced it has begun allowing a group of clients to test the features and functionality available within its new Collaborative Closing Portal, SmartCLOSE to prepare for upcoming TILA-RESPA Integrated Disclosure (TRID) regulation.
Read More »CoreLogic Announces New Compliance Manager to Help Lenders With TRID
CoreLogic recently announced the release of its LoanSafe Compliance Manager, a new solution to help lenders comply with a broad array of federal, state, and local residential mortgage lending regulations, including the upcoming TILA-RESPA Integrated Disclosure (TRID) rule.
Read More »DocMagic Pledges to be TRID Compliant by August 1, Ahead of the New Proposed Deadline of October 1
Torrance-California based DocMagic, Inc., has announced that the company will be fully TRID complaint by August 1, regardless of when the new rule actually takes effect. DocMagic is a provider of fully compliant loan document preparation, compliance, and eSign and eDelivery solutions.
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