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...
FHFA Rescinds Biden Administration’s ‘Confusing’ DTI Fees Rule
The Federal Housing Finance Agency (FHFA) has rescinded the upfront fees based on borrowers' DTI ratios for loans acquired by Fannie Mae and Freddie...
LenderLogix Releases Spanish Version of its LiteSpeed POS
Mortgage automation software provider LenderLogix has released a Spanish language version of its point-of-sale (POS) solution, LiteSpeed.
With LiteSpeed, small to mid-sized lenders gain the...
Some Mortgage Lenders May Need to Act Now on New Fannie Mae Requirements
BLOG VIEW: In December, Fannie Mae announced significant changes to its Approved Seller/Servicer requirements where, starting in 2023, Sellers must sell a minimum of 12 loans to...
Mapping Out 2023’s Mortgage Compliance Priorities and Market Pressures
BLOG VIEW: The congressional elections of November 2022 bucked the expectations of past mid-terms. While the Republican party did grab nine seats to gain...
CFPB Proposes Mortgage Contract Protection Updates for Consumers
The Consumer Financial Protection Bureau (CFPB) has proposed a rule to establish a public registry of supervised nonbanks’ terms and conditions in “take it...
Ncontracts Promotes Melissa Outlaw to Chief Customer Officer
Melissa Outlaw has been promoted to chief customer officer at Ncontracts, a provider of integrated compliance and risk management solutions to the financial industry.
Outlaw...
New Closing Fee Calculator From LodeStar Integrated With Encompass
LodeStar Software Solutions, a national provider of closing fee-related compliance tools for mortgage lenders, has launched LodeStar Connect, a closing fee calculator for mortgage...
CFPB, DOJ Fine Trident Mortgage For Alleged Redlining
The Consumer Financial Protection Bureau (CFPB) and U.S. Department of Justice (DOJ) recently ordered Trident Mortgage Co., a non-depository mortgage company operating in Delaware,...
Garris Horn Adds David G. Ross as Litigation Partner
David G. Ross has joined Garris Horn LLP, a boutique, virtual law firm focused on federal financial regulation, including TILA/RESPA/TRID, as litigation partner.
Ross has...
Intercontinental Exchange to Acquire Black Knight in Cash/Stock Deal Valued at $13.1 Billion
Less than two years after it acquired mortgage origination software firm Ellie Mae for $11 billion, Intercontinental Exchange (ICE), a global provider of data,...
FHFA Amends Enterprise Regulatory Capital Framework for GSEs
The Federal Housing Finance Agency (FHFA) has published a final rule that amends the Enterprise Regulatory Capital Framework (ERCF) by refining the prescribed leverage...
Evolve’s Brooks Systems Acquisition Supports Mortgage Regulation Compliance
Evolve Mortgage Services, a provider of outsourced mortgage solutions and eMortgage technology solutions, has acquired Brooks Systems LLC to expand its technical automation regulatory...
Proposal Focuses on Capital Planning Rule for Fannie Mae and Freddie Mac
The Federal Housing Finance Agency (FHFA) has issued a proposed rule that would require Fannie Mae and Freddie Mac to develop, maintain and submit...