Federal Agencies: Lenders Must Implement QC Standards for AVMs
Mortgage lenders and secondary market issuers must implement quality control standards for the automated valuation models (AVMs) they use in valuing homes, as per...
FHFA, CFPB Update Loan Level Data For Public Use
The Federal Housing Finance Agency (FHFA) and the Consumer Financial Protection Bureau (CFPB) have published updated loan-level data for public use collected through the...
Housing Policy Council Taps Michael Drayne as SVP of Capital Markets
Michael R. Drayne has joined the Housing Policy Council (HPC), a trade association comprised of the leading national mortgage lenders and servicers; mortgage, hazard,...
Adfitech Rebrands as Mortgage Connect Risk Solutions
To reflect its place under the umbrella of its parent company, Adfitech, a provider of quality control and risk management services for the mortgage...
Finastra Named a Preferred Partner by BlackFin
Mortgage consultancy BlackFin has named Finastra, a provider of financial software applications and marketplaces, a preferred partner.
As a preferred partner, Finastra will collaborate closely...
Mortgage Advisory Firms STRATMOR Group and Teraverde Have Merged
STRATMOR Group and Teraverde have merged to create a powerhouse mortgage advisory firm poised to serve clients across entire mortgage banking spectrum.
Both firms will...
Asurity Technologies Taps Brad Vasto as SVP, Sales
Brad Vasto has joined Asurity Technologies, which offers consumer lending compliance software and advisory services, as senior vice president - sales.
Vasto has more than...
Kara Snow: The Regulatory Implications of AI for Lenders
PERSON OF THE WEEK: AI is new for the mortgage industry - and every other industry for that matter - but while lenders and...
Fifth Third Bank Moving to ICE’s Encompass and MSP Core Systems
Fifth Third Bank is moving its origination and servicing operations to the end-to-end mortgage technology ecosystem from Intercontinental Exchange, Inc. (ICE).Using the Encompass and...
Mortgage Bankers Association Selects Madisyn Rhone as VP of Legislative Affairs
Madisyn Rhone has joined the the Mortgage Bankers Association (MBA) as vice president of legislative affairs.
Prior to joining MBA, Rhone held ascending roles since...
HUD Secretary Marcia Fudge to Retire Later This Month
Marcia Fudge, secretary of the U.S. Department of Housing and Urban Development, has announced that she will step down from her post later this...
RegCheck Now Delivers Enhanced TRID Capabilities
Asurity Technologies’ RegCheck compliance solution now delivers enhanced TILA-RESPA Integrated Disclosure (TRID) capabilities.
The Consumer Financial Protection Bureau's TRID rules reshaped the mortgage lending landscape,...
American Financial Network Using Snapdocs as Part of its Digital Closing Strategy
American Financial Network is using Snapdocs’ e-closing and e-vault solutions to accelerate retail digital closing adoption, improve margins, and increase secondary market efficiency.
Snapdocs will...
Snapdocs, Lenderlogix Partner to Enhance Lender Efficiency
Snapdocs, a provider of digital closing software, has partnered with LenderLogix, which offers a point of sale solution geared for mortgage lenders, to provide...
MISMO Publishes New E-Vault Standards and SMART Doc Validation Rules Documents
MISMO, the real estate finance industry's standards organization, has published new e-vault standards and SMART Doc validation rules documents, which were created to help...
FHA Raises Loan Limits for 2024, Reflecting the Rise in Home Prices
The Federal Housing Administration (FHA) has set its loan limits for 2024.
Starting January 1, the FHA floor will increase from $472,030 to $498,257 for...
ATTOM Announces New Board Chairman and Two Key Promotions
Ana Flor has been promoted to chief people officer while Kara Taylor has been promoted to chief marketing officer at ATTOM, a curator of...
Treliant Taps Laura Huntley as a Managing Director
Laura Huntley has joined Treliant, a consultancy serving mortgage originators and servicers, as a managing director in the firm’s regulatory compliance, mortgage and operations...
ACES, ActiveComply Team to Help Mortgage Lenders with Social Media Compliance
ACES Quality Management and ActiveComply are partnering to help financial services firms address social media compliance and quality control needs.
The new partnership aims to create...
Wolters Kluwer Promotes Vikram Savkar to EVP and GM of Compliance Solutions Business
Vikram Savkar has been promoted to executive vice president and general manager of Wolters Kluwer Compliance Solutions, a provider of risk management and regulatory...