The new platform by chase will help customers manage their loan applications as well as, continuing to provide customers full access to branches and call centers.
Read More »Half of Buyers Surprised at the Closing Table
The most common reason for discrepancies in closing estimates was that some of the amounts had been changed or revised prior to closing. See the top five closing costs that most surprised homebuyers . . .
Read More »New Solution to Helping Credit-Poor Consumers Proposed
According to the CFPB 26 million Americans are considered invisible to credit agencies. Today, the agency asked for public feedback on utilizing alternative data to evaluate creditworthiness.
Read More »Outsourcing May Be Best for Lender Document Trailing
Nationwide Title Clearing, a post-closing services provider serving many of the nation’s largest financial institutions, investors, servicers, and custodians, released a white paper for lenders offering a scoring method to help them manage their trailing document process after a loan is originated.
Read More »OpenClose Experiences Unprecedented Growth
After sustaining a few years of mid-20 percent growth year-over-year, OpenClose, a provider of a web-based, software-as-a-service loan origination system, announced in February that it is experiencing 30 percent growth.
Read More »Freddie Mac Requests to Remove Stocks from European Union
Debt securities, mortgage securities, and STARC debt notes will no longer be accepted to trading in the Luxembourg and Ireland markets.
Read More »LenderLive Announces Aligned Business Divisions & Leadership Changes
Domestic-based mortgage services provider, LenderLive, recently announced a new organizational structure that aligns its various business divisions under two broad units—mortgage and services—as well as corresponding leadership changes.
Read More »First-time Homebuyers Flood the Market
According to the American Enterprise Institute’s International Center on Housing Risk, first-time buyer volume has jumped 18 percent since April of last year, totaling 98,000 first-time buyer loans for the entire month.
Read More »Mortgage Write-Offs Hit a 9-Year Low
In the first quarter of 2016, consumers appear to be demonstrating strong repayment practices, while taking advantage of continued low-rate environment, according to data from the April 2016 Equifax National Consumer Credit Trends Report.
Read More »10 Markets Primed for First-time Buyers
Affordable monthly mortgage payments, positive home values, and competition are attracting first-time homebuyers to these 10 markets.
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