Document imaging and data processing firm Kofax has launched new consumer-facing technology designed to make it easier for borrowers to submit their financial information for a mortgage application.
Under the Consumer Financial Protection Bureau plan, lenders would need to respond to virtually every public complaint even those by consumers, disgruntled employees, and competitors that abuse this forum.
Fiserv and ChannelNet have added a feature to LoanLink, their borrower self-service tool, that lets distressed consumers apply online to restructure their mortgage or installment loans.
Wolters Kluwer Financial Services will launch a suite of training tools to help lenders comply with the Consumer Financial Protection Bureau's new integrated mortgage disclosures.
SharperLending, which runs a platform where lenders order settlement services from vendors, now offers employment and income verifications through The Work Number.
National mortgage banker GMH Mortgage Services is opening a wholesale lending division.
From Our Blogs
»Why Funding Certainty Countsand How to Get It
»Slow Origination Market Requires Digital Transformation
»Passing the CFPB Servicing File Test
»CFPB Leading the Way on E-Close
»The No. 1 Mistake LinkedIn Users Make
»Data Quality Finally Gets Its Due in Mortgages
»Assessing the Proposed Minimum Rules for AMCs
»E-Disclosures Take Flight in the Mortgage Industry