IDS: Mortgage Lenders Should Address UCD Warnings Prior to June Deadline
Mortgage document preparation vendor International Document Services Inc. (IDS), is advising all lenders to begin troubleshooting warnings from Fannie Mae and Freddie Mac’s Uniform...
Digital Due Diligence Beats Challenges of Adhering to the Dodd-Frank Act
Automation and AI will revolutionize the due diligence industry, allowing 100% of all loans to be audited and graded in much shorter periods of time.
Promontory MortgagePath Announces Key Executive Hires
Colgate Selden has joined Promontory MortgagePath, a provider of next-generation mortgage technology and loan fulfillment services, as chief compliance officer.
In addition, Scott Doughty and...
Inlanta Mortgage Using LBA Ware’s CompenSafe to Automate LO Compensation
Wisconsin-based Inlanta Mortgage is using LBA Ware’s CompenSafe automated compensation calculation platform integrated with LendingQB’s cloud-based loan origination solution (LOS) to leverage real-time loan...
National Title Underwriter Stewart Now Using Pavaso’s Technology to Deliver Digital Closings
National title underwriter Stewart and e-mortgage technology developer Pavaso Inc. are partnering to promote and deliver a fully digital mortgage closing process.
The partnership will...
Pam Perdue: Unified Compliance Management Systems Will Transform Mortgage Operations
PERSON OF THE WEEK: New rules from the Consumer Financial Protection Bureau (CFPB) require that all mortgage lenders maintain compliance management systems (CMS) -...
CoreLogic’s LoanSafe Risk Manager Now Integrated with INTEGRA Software Systems’ LOS
CoreLogic’s LoanSafe Risk Manager Suite is now integrated with INTEGRA Software Systems’ legacy Destiny loan origination system (LOS) and INTEGRA’s next generation, Web-based EPIC...
House Approves TRID Improvement Act
The House of Representatives today voted 271 to 145 to approve the TRID (TILA-RESPA Integrated Disclosure) Improvement Act of 2017 (H.R. 3978), which would...
Getting the Most Out of Your Regulatory Training
As regulations for the mortgage industry continue to evolve, leaders should carefully invest in the most meaningful training courses for their staff.
Steve Butler: HMDA Not the Only Compliance Concern For Mortgage Lenders in 2018
Although lenders might not need to worry as much about enforcement of the new HMDA rules, they have plenty of other compliance matters to be concerned about.
ComplianceAnalyzer Now Validates California’s Per Diem Interest Calculations
ComplianceEase reports that its compliance management platform, ComplianceAnalyzer with TRID Monitor, can now test TRID, RESPA 2010 and pre-2010 forms to validate California’s per...
DocMagic Reaches Milestone: 300 Million Mortgage E-Signings
DocMagic Inc., a provider of loan document preparation, regulatory compliance and e-mortgage services, recently hit a significant milestone: more than 300 million mortgage-related electronic...
Bill Neville Joins LoanLogics as President and Chief Operating Officer
Financial services veteran Bill Neville is the new president and chief operating officer at LoanLogics, which offers loan quality management and performance analytics to...
Hippo Insurance Now Integrated with LendingQB
Hippo Insurance, a California-based "insurtech" company, is now integrated with LendingQB’s loan origination system (LOS), thus making ordering home insurance easier for mortgage lenders...
PHH Corp. Settles with States over Alleged Mortgage Servicing Violations
Mortgage lender and servicer settles in order to put "legacy" issues behind it.
FICS Updates Loan Producer for New HMDA Requirements
Mortgage software firm Financial Industry Computer Systems Inc. (FICS) recently completed a final set of enhancements to its Loan Producer loan origination system (LOS)...
Fed Raises Rates 0.25%, Longer-Term Policy Unchanged
Citing that the “labor market has continued to strengthen” and that “economic activity has been rising at a solid rate,” the Federal Open Market...
DocMagic Opens High-Tech Print Facility to Help Handle ‘Fallout’
In a move that might seem antithetical to its mission of helping mortgage lenders achieve a fully digital mortgage process, DocMagic, a provider of...
Tax Servicing an ‘Intricate Part of the Loan Servicing Industry’
There are more than 24,000 tax agencies or taxing authorities across the country - each with its own rules, processes and guidelines.
Alex Kolodner: Compliance Needs Will Continue to Drive the Mortgage Industry
PERSON OF THE WEEK: Alex Kolodner is client operations manager for IndiSoft, a provider of compliance software to the mortgage industry.
MortgageOrb recently interviewed Kolodner...