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NewDay USA has established a tax-exempt private foundation to provide grants and charitable contributions to nonprofit organizations that support veterans, active-duty service members and military families.
February 26 -
National Association of Realtors data show the overall growth in commercial real estate leasing activity seen in most markets in 2012 will gain speed this year and in 2014.
February 25 -
Fannie Mae has approved Equity Loans as a servicer and seller of first-lien nonsecuritized Fannie loans on one-to-four family properties.
February 25 -
Decision Ready Solutions and Wolters Kluwer Financial Services are teaming up to provide a strategic solution designed to assist mortgage servicers solve new Federal Housing Finance Agency requirements.
February 21 -
Fiserv introduced LoanComplete at the MBAs National Mortgage Servicing conference in Dallas after 12 months of being in pilot phase.
February 19 -
Starting in February the Lenders One national alliance will have a preferred vendor to Motivity Solutions technology.
February 15 -
Retreat Capital Management is focusing on how to differentiate compliance software for small- and large-size mortgage servicers.
February 15 -
The Orion Financial Group has partnered with Lenders Title Solutions to introduce a one-stop platform that streamlines settlement services for small- to medium-size investors.
February 15 -
MRG Document Technologies has developed legal compliance technology support software that addresses today’s “ever more complex” mortgage servicing policies and procedures.
February 15 -
In appropriate cases the Consumer Financial Protection Bureau plans to continue its Big Brother approach to customer-disputed loss mitigation cases subject to mortgage servicing transfers.
February 15 -
Bank of America Merrill Lynch invested more than $2.6 billion in community development in 2012, generating nearly 11,000 affordable housing units.
February 14 -
QuestSoft reports so far this year a record number of lenders have filed early data required by the Home Mortgage Disclosure Act and the Community Reinvestment Act.
February 14 -
Community banks are feeling the pressure to comply with new lender-placed insurance requirements and following the example of large banks that already rely on automated regulatory compliance solutions.
February 14 -
According to the monitor of the national mortgage settlement, Residential Capital, Ally Financial and GMAC Mortgage have collectively exceeded their "consumer relief obligations.”
February 14 -
Responding to market demand for automated regulatory compliance tools Equator has incorporated the new mortgage servicing rules set forth by the Consumer Financial Protection Bureau into the Equator Loan Segmentation module.
February 13 -
The Federal Housing Administration has implemented a streamlined approval process designed to accelerate access to mortgage financing for multifamily apartment owners and developers in New York and New Jersey.
February 13 -
It is no surprise the State of the Union address already is generating a lot of buzz about the details that will shape the president’s proposals.
February 13 -
RES.NET has upgraded its Agent Portal platform to include mortgage title information and electronic loan closing services.
February 12 -
Delinquency rates declined for the fourth consecutive quarter to 5.19% in 4Q 2012, down from 5.41% in the third quarter and 6.01% at yearend 2011.
February 12 -
Fay Servicing reported a 250% increase in revenue for 2012 due to a “meaningful increase” in business volume from existing customers and incentive fees from pay-for-performance deal structures.
February 12
