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Regulatory Compliance

MetaSource Report Reveals Weak Points in Servicers’ MERS Compliance

Mortgage servicers are sometimes failing to adequately document the reasons behind a decision to move forward with a default for bankruptcy or...

Trump Directs Treasury, HUD to Enact Housing Finance Reform

President Trump has signed a presidential memorandum directing the Treasury Department and U.S. Department of Housing and Urban Development, along with other...

LoanLogics and VirPack Aim to Speed Loan Document Recognition and QC

LoanLogics, offering loan quality technology for mortgage manufacturing and loan acquisition, is now integrated with VirPack, a provider of virtual document management...

ComplianceEase Hires One, Promotes Another on its Executive Team

Sheila Meagher has joined ComplianceEase, a provider of automated compliance solutions, as senior vice president of sales and client success.

ComplianceEase Taps Michael Jackman as CEO

Michael Jackman is the new CEO of ComplianceEase, provider of automated compliance solutions, replacing Anita Kwan, co-founder and CEO, who is retiring. 

Wipro Teams With ComplianceEase to Offer Per-Closed-Loan Pricing

ComplianceEase, a provider of automated compliance solutions to the financial services industry, has expanded its partnership with Wipro Gallagher Solutions (WGS), a...

HomeStreet Bank Seeks to (Mostly) Exit the Mortgage Business

Citing that “it is still unclear when, and to what extent, industry conditions will improve," as well as an overly burdensome regulatory...

OIG Report Finds that Former FHFA Director Watt Acted Inappropriately

An investigation by the Office of the Inspector General (OIG) for the Federal Housing Finance Agency (FHFA) into allegations of sexual harassment...

Mortgage Lending Outlook: What’s in Store for 2019

As the U.S. economy continued to strengthen throughout 2018, mortgage companies increasingly faced challenges related to rising interest rates, a shrinking housing...

Trump Administration Pushing for GSE Reform

Housing finance reform may soon be back on the table in Congress, as Senate Banking Committee Chairman Mike Crapo (R-Idaho) on Friday released...

Denis Brosnan: Disaster Relief Strategies for Mortgage Servicers

PERSON OF THE WEEK: The hurricanes and wildfires of 2018 are stark reminders that U.S. residential properties are at increasing risk of...

Opus Capital Markets Consultants Now Using ComplianceEase

Mortgage due diligence firm Opus Capital Markets Consultants is now using ComplianceEase to perform real-time, loan-level audits on loan pools that it...

LBA Ware’s CompenSafe Integrated with SimpleNexus

LBA Ware, a provider of automated compensation and sales performance management software for mortgage lenders, has completed a partial integration of its compensation platform, CompenSafe, with SimpleNexus’s...

Vendorly Teams with Shared Assessments to License SIG Questionnaire

Vendorly, which offers a vendor oversight platform, is collaborating with Shared Assessments, a trusted source in third-party risk management, to license the...

Closing Disclosure Still a Top QC Pain Point for Mortgage Lenders in 2018

So what was the top pain point for mortgage originators, in terms of regulatory compliance, for 2018?According to...

Maxwell Adds Disclosure Management Platform

Mortgage software provider Maxwell has released a new disclosure management platform that enables borrowers to securely access, review and sign loan disclosure...

Indisoft Hires Dennis Forget as VP of Business Development

Dennis Forget has joined Indisoft, a global provider of technology solutions for the financial services industry, as vice president of business development. 

LoanLogics Hires David Parker as SVP of Product Development

David Parker has joined LoanLogics, a provider of loan quality technology for mortgage manufacturing and loan acquisition, as senior vice president of...

Trump Picks Calabria to Head Federal Housing Finance Agency

President Donald Trump on Tuesday announced his intent to nominate Mark Calabria - who currently serves as chief economist for Vice President Mike Pence...

Senate Approves Kathy Kraninger as Director of BCFP

By a narrow margin, the Senate on Thursday approved Kathleen Kraninger as the next director at the Bureau of Consumer and Financial Protection.Kraninger will...

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