First Franklin Financial Corp., San Jose, Calif., has built and implemented the first major operating components of its integrated origination network, named ION.Designed to offer a scalable solution for growing technology needs, ION will allow First Franklin to centralize all mortgage data and standardize the way that its systems retrieve, manage, filter, and secure data across the company's integrated applications, the company said. ION is designed to give the user access to First Franklin's primary applications: the automated underwriting, loan origination, and customer relationship management systems. First Franklin can be found on the Web at http://www.ff.com.
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President Donald Trump administered Federal Reserve Chair Kevin Warsh's oath of office in a ceremony Friday morning. Warsh is expected to pursue changes at the central bank, including a push to reduce its $6.7 billion balance sheet.
May 22 -
Federal Reserve Gov. Christopher Waller said in a speech Friday that he favors holding interest rates steady until energy prices fall, but noted that the central bank should be ready to hike rates if inflation gets too far out of hand.
May 22 -
The lender, in addressing claims first raised by the Consumer Financial Protection Bureau, said its activities are protected by safe harbor provisions.
May 22 -
Copper Ridge Ventures has joint venture businesses with mortgage loan officers and real estate professionals using the same broker model as NEXA Lending.
May 21 -
VantageScore 4.0 has been incorporated into the existing processes at Rocket for both the retail and mortgage broker-facing origination businesses.
May 21 -
The pace of contract signings surged at its fastest in three years in a break from the more stagnant conditions of past home buying seasons, Realtor.com said.
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