Tag Archives: Mortgage Lending

CBCInnovis, a Columbus, Ohio-based mortgage credit and data validation services provider, announced this week it is now an “authorized report supplier” for Fannie Mae’s Day 1 Certainty program.

DataVerify, a risk mitigation, data verification, and decision management provider for the mortgage industry, announced this week it is now an “authorized report supplier” for Fannie Mae’s Day 1 Certainty program, which exempts lenders from representations and warranties and helps expedite the lending process.

Lenders One Cooperative, a national alliance of mortgage professionals, announced Tuesday the addition of Matthew T. Orlando as VP of National Programs. Lenders One, which is managed by a subsidiary of Altisource Portfolio Solutions, is comprised of mortgage lenders, bankers, and product and service providers.

Fifth Third Bancorp announced John Adam will join Fifth Third Mortgage as National Sales Leader and will aid in the company’s community commitment.

LenderLive, a mortgage services provider, announced last week the addition of two new vice presidents to its settlement services division. Industry veterans David Tiberio and George Schultz join LenderLive as VPs of National Sales for the Denver, Colorado-based company.

Quicken Loans announced Casey Hurbis is joining the company as Chief Marketing Officer. Hurbis, recognized for re-introducing the FIAT brand in the U.S. after more than 25 years of absence, will take responsibility for all Quicken marketing, both online and off, and will manage Quicken’s home lending brand.

Industry reaction has been positive to the FHFA's move to raise the GSE conforming loan limits for the first time in a decade. But one analysis says the effect on mortgage lending may be minimal.

A survey from the Federal Reserve addressed where credit standards stand according to 90 banks across the U.S., and how this impacts the demand for mortgages.

Moody's Investor Service discusses ways to for lenders to mitigate the unique risks associated with mortgage loans made to foreign nationals.

More HELOC borrowers are making payments on time, but lenders should still proceed with caution, according to a recent white paper.