Wipro Gallagher Solutions Releases NetOxygenZip Loan Origination System
Wipro Gallagher Solutions (WGS) has debuted NetOxygenZip, a preconfigured version of its NetOxygen loan origination system that 'simplifies lending and speeds time to...
Home-Price Appreciation Rates Ease Up … Mostly
The Zillow Home Value Index (ZHVI) rose to $157,600 as of the end of the first quarter, up 5.1% year-over-year and 0.5% from...
Appraisal Technology Tool Now Available Through Ellie Mae Encompass360
Mortgage technology provider SharperLending LLC has partnered with Ellie Mae to connect its Appraisal Firewall product to Ellie Mae's Encompass360 loan origination system....
Mortgage Fraud Risk Inches Higher In 2012
According to the annual Mortgage Fraud Risk Report from Interthinx, the Mortgage Fraud Risk Index for 2012 is 150 - a 3.4% increase...
AllRegs Helping Norcom Mortgage Navigate Underwriting Guidelines
Norcom Mortgage is using AllRegs' technology platform and publishing products to manage and maintain its retail and correspondent lending library of mortgage underwriting...
New Mortgage Insurer On The Scene: National MI
National MI, a new mortgage insurance company, says it has issued its first mortgage insurance commitments, officially marking its entry into the private...
Mortgage Rates Stay Low, Low, Low
According to Bankrate.com's weekly national survey, fixed mortgage rates fell for the sixth straight week, with the benchmark 30-year retreating to a four-month...
Originators Cite Regulatory Burden As Biggest Industry Challenge
An increased burden of regulations and poor internal operations are among the concerns that challenge mortgage bankers, according to the 3rd Annual Survey...
NYC Brokers Reaffirm Confidence In Market
New York City real estate brokers reported a significant uptick in confidence in the current real estate market in the first quarter of...
Single-Family Home Sales Up In March
Sales of new single-family houses in March were at a seasonally adjusted annual rate of 417,000, according to estimates released jointly by the...
Sen. Baucus Will Not Seek Another Term
Sen. Max Baucus, D-Mont., the chairman of the Senate Finance Committee, will not seek re-election in 2014. 'Deciding not to run for re-election...
Hensarling Bars Cordray From Testifying Before House Committee
The chairman of the House Financial Services Committee has barred Richard Cordray from testifying before the committee, stating that Cordray cannot legitimately claim...
S&P Calls For Dismissal Of DOJ Fraud Lawsuit
Standard & Poor's (S&P) has called for the dismissal of a fraud lawsuit filed in February by the U.S. Department of Justice (DOJ)....
SEC Names Co-Directors For Enforcement Division
The U.S. Securities and Exchange Commission (SEC) has named Acting Director George Canellos and former federal prosecutor Andrew Ceresney co-directors of the Division...
CFPB Creates Financial Liaison Office
The Consumer Financial Protection Bureau (CFPB) has opened a new Office of Financial Institutions and Business Liaison, which is designed to connect the...
Existing-Home Sales Down Slightly In March
Total existing-home sales declined 0.6% to a seasonally adjusted annual rate of 4.92 million in March from a downwardly revised 4.95 million in...
CFPB Proposes Clarification Of Escrows Final Rule
The Consumer Financial Protection Bureau (CFPB) has issued a proposed rule designed to clarify the escrows final rule issued by the agency in...
Three Community Banks Are Shut Down
Two Florida banks and one Kentucky bank were shut down on Friday. Chipola Community Bank, based in Marianna, Fla., was closed by the...
Open Mortgage Launches New Reverse Mortgage HQ
Austin, Texas-based Open Mortgage has debuted a new headquarters office for its reverse mortgages in the Atlanta suburb of Douglasville, Ga. 'The Atlanta...
Bay Area Home Sales Continue To Decline
Home sales in the California Bay Area fell below a year earlier for the second consecutive month in March, according to new data...