Headlines

Despite the risks that come along with document management, it rarely gets the attention it deserves. In what ways can lenders ensure they aren’t neglecting this integral part of the process?

Real house prices—which account for “house-buying power” and affordability—dropped 1.3 percent in June, but are still up nearly 10 percent since this time last year. What will the rest of the year look like for the market?

Hurricane Harvey has been hovering over southeast Texas, dropping record amounts of rain on Houston and the surrounding area. A new report shows that there are a number of properties in risk of flooding that are outside the Special Flood Hazard Areas, meaning flood insurance isn’t a requirement for those with federally insured mortgages.

The law firm of Brady & Kosofsky has developed an attorney supervised remote closing protocol, which allows the lender to close anywhere the consumer directs. The workflow being ...

CalyxSoftware®, a provider of comprehensive mortgage software solutions for banks, credit unions, mortgage bankers, wholesale and correspondent lenders and brokers, recently announced its agenda for CalyxVision™ 18, the ...

Texas Governor Greg Abbott has extended his state disaster declaration to include 20 additional Texas counties in response to the damage caused by Hurricane Harvey, effective August 26. ...

Safeguard Properties recently announced Jennifer Anspach, AVP of Human Capital, as HR Executive of the Year Finalist in the private companies category for Crain’s Cleveland Business’s 2017 Archer Awards.

According to Fed Chair Janet Yellen, today's financial system is a safer one thanks, in large part, to the Great Recession—as well as the reforms that followed it. Read on to see Yellen's full remarks.

In a recent brief the Consumer Financial Protection Bureau (CFPB) examined the financial tradeoffs of entering into a reverse mortgage at the age of 62.

Paradatec, Inc., based in Cincinnati, Ohio, announced Thursday its WriteUCD module has been verified as a technology integration vendor for Freddie Mac’s Loan Advisor platform as it satisfies the requirements of the GSE’s Uniform Closing Data files. A provider of optical character recognition solutions, Paradatec’s WriteUCD takes data from mortgage closing disclosure documents “in mere seconds per page” and then transfers it to the new required format. In fact, Paradatec claims to provide “quick and accurate identification of over 500 unique documents in the typical mortgage file,” and it is adapting to new industry standards.