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The home donation program will be featured at the 2015 Five Star Conference and Expo, which will take place September 16 to 18 in Dallas, Texas. Five Star has partnered with various non-profit organizations over the last four years to provide approximately $4 million worth of homes to service members. At last year's conference, Five Star presented six wounded veterans with mortgage-free homes.

Houston is the most overvalued housing market according to Bank of America’s measurements, which compare home prices with income growth. The fracking boom helped to drive the region’s economy, but a more than 50 percent drop in oil prices since last summer has clouded the outlook.

The upgraded portal is designed to seamlessly connect correspondent lenders to multiple, qualified affiliated lending institutions in a simplified process to enhance loan originations and accelerate the appraisal process. The re-tooling of the portal-ordering platform caters to client specifications and service types, origination vs. default, when an affiliated lender places an appraisal order on behalf of a correspondent lender within the system.

According to the study conducted by SmartAssett, a New York based personal finance technology firm, a total of 164,539 Los Angeles loans were refinanced in 2013 and the average refinance amount was $366,635. That equated to an average annual savings of nearly $7,000. Homeowners collectively saved more than $1.16 billion that year.

Wyatt Gilbert comes with a wealth of experience in the IT world where he began his career, before moving into the auto commercial equipment industry. His knowledge of The Loan Office software is keen and he is ready to take this product to the next level.

Defranco will leads two special sessions on Wednesday and Friday to share the latest data, trends and predictions on what's mortgage lenders can expect as we move further into the 2015 spring home buying season.

“The addition of WWN’s advanced eNotary capability adds significant value to our platform by keeping mortgage closing documents 100 percent paperless from eDisclosure to eClosing,” said Dominic Lannitti, president and CEO of DocMagic. “DocMagic has systematically been putting the necessary pieces in place to transform the company into a true end-to-end eServices solutions provider. Our exclusive arrangement with WWN incorporates a critical component: compliant eNotarizations. Without compliant eNotary capability, a fully paperless eClosing would be impossible to achieve.”

Benefits to lenders include greater efficiency, reduced expense and burden on loan officers and underwriting teams and better decisions on borrower qualification. EquityClear also enables lenders to reduce overall risk by ensuring a standardized process is applied to every loan and that liens are reviewed and cleared by a fully qualified, neutral third party. Borrowers benefit from less documentation and faster loan closings.

“All the critical FA features are part of the March 2 release, but we will be delivering more than just these critical features. Additional features that focus on data quality and efficiency, as well as LO-specific tools, will be released by the first week of April,” Button said. “These updates will include capabilities like the ability to import credit report data, assign a credit report to a lender and a Celink export update.”

Delivery between ordering documents and sending them to the borrower takes mere minutes from start-to-finish with the center. The simple signing process provided by this latest release walks the borrower through which documents require a signature, and which simply need review and also tracks which documents were signed and which are still outstanding. Borrowers and lenders using the platform also receive notifications when major milestones are achieved, such as successful signature on all documents.