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Tag Archives: Mortgage Lenders

Knox Capital Invests in a360inc

With this new capital investment, a360inc plans to accelerate its strategic expansion and improvement of its technology and services in the creditors’ rights market.

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Why Are Lenders Loosening Credit Standards?

According to a new survey from Fannie Mae, lenders have loosened their credit standards once again, marking the third straight quarter standards have eased up. Does this make a trend, though? And what’s inspiring lenders to expand the credit box? The survey has some interesting insights.

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Servicers Suffer from Disparate Tech

Out-of-sync technologies are holding businesses back, according to a recent report. Additionally, make it hard to serve the millennial homebuyer, who expects a more seamless, digitized solution when purchasing a home. This is largely because tech solutions in today’s post-crisis, highly-regulated industry are product-specific, which creates a “complex ecosystem made up of siloed disparate systems.”

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Empower Incorporates HMDA Rule, New Tech Integrations

Black Knight Financial Services announced last week the release of LoanSphere Empower 7.0, a new version of its loan origination system (LOS), including updates aimed at compliance with the Consumer Financial Protection Bureau’s (CFPB) Home Mortgage Disclosure Act (HMDA) and enhanced technological integrations.

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Lenders One Announces New VP of National Programs

Lenders One Cooperative, a national alliance of mortgage professionals, announced Tuesday the addition of Matthew T. Orlando as VP of National Programs. Lenders One, which is managed by a subsidiary of Altisource Portfolio Solutions, is comprised of mortgage lenders, bankers, and product and service providers.

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