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Taza Launches New Division

Earlier this month, the La Jolla, California-based Taza Corporation announced the launch of Tazahomes.com, a new software division focused on the marketing aspects of the REO market. According to a press statement released by the company, Tazahomes.

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NAR Critical of LLPA Rate Increase

Recent increases in the rates Washington, D.C.-based Fannie Mae requires lenders to charge for some mortgages has caught the ire of the Chicago-based National Association of Realtors (NAR), who claims the new rates unfairly increase the cost of buying a mortgage, even for qualified buyers seeking mortgages they can afford.

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Radian Group Offers Loss Mitigation Training to Customers

With loss mitigation becoming an increasingly more important tool for the mortgage industry, Philadelphia-based Radian Guaranty, the mortgage insurance subsidiary of Radian Group Inc., will begin offering to its customers loss mitigation training techniques and services from CampusMBA, the education division of the Washington, D.

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Acqura Launches E-Modifications

Vantium Capital Inc., a private equity fund that invests in undervalued mortgage assets, announced today that its specialty servicing unit, Acqura Loan Services, has begun offering electronic loan modifications, or e-mods, to delinquent borrowers in an effort to improve and accelerate borrower acceptance and reduce loan modification timelines.

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Identity Verification for Home Loans Now Provided in Real-Time

Fort Worth, Texas-based Rapid Reporting, a provider of income and identity verification products for the mortgage industry, has announced that the Social Security Administration is now providing verification of Social Security numbers in real-time, enabling Rapid Reporting to provide nearly immediate answers to users of its DirectChek identity verification solution.

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First American Launches Post-Closing Doc Management Portal

First American Document Solutions, a post-closing and servicing solutions provider and a First American Corporation company, has announced the availability of ePostClosing.com, its new online portal designed to help lenders and servicers reduce their post-closing document management costs and improve investor compliance.

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