Tag Archives: Lending

Asurity Technologies, an enterprise formed to provide the financial services industry with RegTech solutions, announced its formation as an entity bringing together Treliant Solutions, LLC, Risk Management Solutions, Inc., and Mortgage Resources Group, LLC into an integrated compliance platform. According to Asurity, this platform will allow lenders to establish compliance, proactively manage a fair lending and redlining risk, and submit for both HDMA and CRA.

Optimal Blue recently announced a partnership with Total Expert Inc, a relationship which Optimal Blue hopes will increase productivity and drive revenue with contact and database management tools for every facet of a user’s business.

Thanks to its implementation of DocMagic’s Total eClose platform, Texas Capital Bank has successfully completed and funded it very first eClosing. Now one of the largest warehouse lenders to accept and fund eNotes, Texas Capital has made its first step toward digitization. The bank was praised by DocMagic CEO Dominic Iannitti.

Seniors are sitting on trillions in untapped equity. A recent report noted that retirement-aged homeowners saw an increase of 2.8 percent in home equity, or $170.7 billion, in Q4 2016. This puts their total housing wealth at $6.2 trillion. However, many seniors are still unwilling to tap into this wealth.

Encompass Developer Connect provides customers, partners and independent software vendors with a secure, scalable platform.

Data from the Home Mortgage Disclosure Act shows that local lenders are the preferred lender in 60 percent of cases.

CFPB Director Richard Cordray on Monday offered some new and innovative ideas to provide credit to more consumers at Lendit USA Conference in New York.

The largest banks may be forced to curtail their lending as a result of tough capital requirements, according to Minneapolis Fed President Neel Kaskhari.

Mortgage lending among credit unions experienced significant gains for the first quarter of the year, but their supervisory agency cautioned that these institutions should monitor risks.

During the mortgage crisis, portfolio lenders like TD Bank stood out as financial institutions that embraced the idea of quality underwriting and lending—especially since they kept loans in-house, taking the risk on their own balance sheets.