Mortgage Firms Recognized as Great Employers
Several mortgage banking firms have been recognized as some of the best employers in their communities. One has been designated as the best technology employer.
Integrations Enhance Mortgage Pricing Engines
Recent enhancements to product eligibility and pricing engines include integrations with mortgage insurance companies and customer relationship management providers.
Variety of Upcoming Mortgage Events
Among dozens of upcoming mortgage-related conferences and workshops are events that will cover compliance, politics and technology. One event includes a music festival.
Mobile Mortgage Lending Advances
Mobile mortgage applications have recently been developed for credit unions and foreign national borrowers as well as real estate agents and home builders.
AMC Acquisitions, Partnerships and Expansions
In the valuation industry, an appraisal management company has been acquired, while several AMCs have partnered to create a bigger firm. Other AMCs have enhanced their offerings.
Relaxed Requirements With Fannie DU Updates
This summer, the Federal National Mortgage Association is updating its automated underwriting system with more relaxed requirements for ratios, credit and adjustable rates.
Origination Systems Address HMDA, UCD
Upcoming changes to single-family data reporting and delivery have been addressed by providers of loan origination systems.
HUD Budget Includes New FHA Administrative Fee
The Department of Housing and Urban Development's proposed budget includes a new administrative fee on government-insured mortgages to fund technology updates.
The New Mortgage Landscape
As banks have been under heavy regulatory scrutiny since the financial crisis, smaller non-banks have gained market share through technological improvements to the loan process.