Quicken Loans 3rd Party Unit Using Calyx-Powered LOS
A unit of Quicken Loans Inc. that originates through small financial institutions has turned to CalyxSoftware to power its loan origination system.
Lead Management Lacking in Many LOS Systems
A survey of mortgage lenders indicates that loan origination systems are often lacking for the compliance and lead tools. But LOS providers have been busy integrating other services.
Ocwen Changing Servicing System as Part of Orders
As part of consent orders reached with multiple states, Ocwen Financial Corp. has agreed to transition away from its current mortgage servicing system and improve its servicing practices.
Mortgage Compliance and Quality Control Help
One mortgage technology provider is helping lenders comply with upcoming changes on reporting requirements. Quality control is the focus of another service provider.
Caliber Gives Realtors, Builders Pipeline Access
Realtors and home builders who have homebuyers with loans pending at Caliber Home Loans Inc. will now have access to details about their pipelines.
Mortgage Firms Keep Up With Mobile Adoption
As more data emerges confirming the continued adoption of mobile technology in financial services, home lenders and service providers are capitalizing on the trend.
Acquisitions Might Be Factor in Equifax Data Hack
Aggressive growth through a string of acquisitions might have been a big factor in the data breach disclosed last month by Equifax Corp.
Mortgage Conferences Cover Compliance, Technology
Topics to be covered at several upcoming mortgage-related events include compliance risk, housing risk and mortgage technology. One forum will tackle multifamily issues.
AVMs, Appraisal Tools Among New Valuation Offerings
Several new appraisal products include an automated valuation model, an appraisal ordering tool and a service that compares multiple appraisals.