Category : Mortgage

Banking Fintech Mortgage News

Homeowners Are Protected From “Zombie Mortgages” By New CFPB Regulations

Fintech Staff Writer
by Fintech Staff Writer0
What is “Zombie Second Mortgage”? The origin of these “zombie” mortgages may be traced back to “piggyback” mortgages, when a mortgage, also known as a “80/20 loan,” consisted of a first lien loan for 80% of the home’s value and a second lien loan for the remaining 20%. The second......
Flueid Announces Encompass Integration with ICE Mortgage Technology to Fuel Loan Originations with Critical Title Data and Insights
Mortgage News

Flueid Announces Encompass Integration with ICE Mortgage Technology to Fuel Loan Originations with Critical Title Data and Insights

Business Wire
by Business Wire0
The integration embeds Flueid Decision into Encompass and makes key intelligence from the title process accessible at the start of the home equity and refinance loan origination processes Flueid, the leading technology company fueling real estate transactions from end-to-end with title data and intelligence, announced the company’s patented Flueid Decision......
Newrez Expands Access to Affordable Home Financing Solutions with Freddie Mac BorrowSmart Access
Mortgage News

Newrez Expands Access to Affordable Home Financing Solutions with Freddie Mac BorrowSmart Access

Business Wire
by Business Wire0
Newrez LLC, a national mortgage lending and servicing organization, announced that it will offer Freddie Mac BorrowSmart Access, a mortgage program designed to assist first-time homebuyers by helping subsidize their closing costs and unlocking the dream of homeownership. “We’re thrilled to work with Freddie Mac to bring BorrowSmart Access to......
Neo Financial Launches Neo Mortgage to Reimagine the Mortgage Experience in Canada
Mortgage News

Neo Financial Launches Neo Mortgage to Reimagine the Mortgage Experience in Canada

Business Wire
by Business Wire0
Neo’s technology transforms the traditional mortgage experience making it more accessible, affordable, and efficient from application to approval in minutes Neo Financial (Neo) is announcing its latest product, the Neo Mortgage. This new product represents a significant milestone for the company, offering Canadians a user-friendly and streamlined approach to financing......
Snapdocs Builds Integration with Finastra to Enable a Seamless Closing Process for Trustmark
Mortgage News

Snapdocs Builds Integration with Finastra to Enable a Seamless Closing Process for Trustmark

Business Wire
by Business Wire0
Trustmark can now easily facilitate digital closings powered by Snapdocs without ever leaving Finastra’s MortgagebotLOS Snapdocs, the mortgage industry’s leading digital closing platform, announced a new integration with Finastra’s Mortgagebot loan origination system (LOS) to support Trustmark’s eClose transformation. The integration allows Trustmark’s lenders nationwide to execute closings in one......
Atlantic Coast Mortgage Streamlines eClosings with Blend
Mortgage News

Atlantic Coast Mortgage Streamlines eClosings with Blend

Business Wire
by Business Wire0
Blend, a leading provider of cloud banking services, announced that independent mortgage bank Atlantic Coast Mortgage has recommitted to Blend to streamline its end-to-end mortgage process, from application and disclosures to electronic closings via Blend’s hybrid/remote online notarization (RON) products. “Your mortgage platform is your first interaction with the borrower;......
21 FICS Customers Featured in Mortgage Bankers Association’s 2022 Year-End Rankings of Top Commercial/Multifamily Servicers
Mortgage News

21 FICS Customers Featured in MBA’s 2022 Year-End Rankings of Top Commercial Servicers

Business Wire
by Business Wire0
FICS (Financial Industry Computer Systems, Inc.), a leading mortgage loan origination software, residential servicing software and commercial servicing software provider, is pleased to announce that many of its clients have again been recognized in the Mortgage Bankers Association’s (MBA) rankings of top commercial servicing volumes. Twenty-one of the software provider’s current clients were included in the......
Liberty Home Mortgage Selects Total Expert to Increase Lead Conversion Rate and Drive Marketing Efficiency
Mortgage News

Liberty Home Mortgage Selects Total Expert to Increase Lead Conversion Rate and Drive Marketing Efficiency

Business Wire
by Business Wire0
Liberty Home Mortgage, a growing mortgage lender with loan officers across the country, has partnered with Total Expert to accelerate deal flow, drive efficient marketing activities, and create comprehensive customer profiles to inform hyper-personalized messaging and products. Liberty Home Mortgage joins a growing list of institutions tapping the power of Total Expert,......
GPARENCY Once Again Revolutionizes Commercial Mortgage Brokerage Industry with Groundbreaking New Product Launch
Mortgage News

GPARENCY Once Again Revolutionizes Commercial Mortgage Brokerage Industry with Groundbreaking New Product Launch

PR Newswire
by PR Newswire0
GPARENCY Launches Free Agency and CMBS Loans Program, Offering Members Unmatched Benefits in Commercial Mortgage Brokerage GPARENCY, the first membership-based, full-service commercial mortgage brokerage, is proud to announce the launch of their innovative new product offering that is set to disrupt the industry once more. Following their groundbreaking shift in......
Guild Mortgage Adds High Performing Group of Loan Officers and Branch Offices in California
Mortgage News

Guild Mortgage Adds High Performing Group of Loan Officers and Branch Offices in California

Business Wire
by Business Wire0
New team of 40 includes managers, loan officers and support staff, responsible for more than $350M in annual production Guild Mortgage, a growth-oriented mortgage lending company originating and servicing residential loans since 1960, added a new district made up of 40 new Guild employees and eight branch offices in California,......
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