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.
Read More »Optimal Blue Announces Partnership with Total Expert Inc
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.
Read More »Texas Capital Completes First eClosing
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.
Read More »Seniors Are Worth Trillions in Equity
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.
Read More »Innovative New Functions for Ellie Mae’s APIs
Encompass Developer Connect provides customers, partners and independent software vendors with a secure, scalable platform.
Read More »Borrowers Prefer to Mortgage Shop Close to Home
Data from the Home Mortgage Disclosure Act shows that local lenders are the preferred lender in 60 percent of cases.
Read More »Cordray Offers New Ideas for Consumer Lending
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.
Read More »Fed’s Kashkari: Banks Need ‘Massive Structural Changes’
The largest banks may be forced to curtail their lending as a result of tough capital requirements, according to Minneapolis Fed President Neel Kaskhari.
Read More »Credit Unions Kick Lending Up a Notch
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.
Read More »Portfolio Lender TD Bank Braces for Lending Growth
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.
Read More »