The Prime Alliance Services, Minneapolis, has reported the successful implementation of its Loan Fulfillment Center in six credit union customers.The Loan Fulfillment Center, a Web-based mortgage fulfillment system, has been successfully deployed at Boeing Employees' Credit Union, Bellco Credit Union, and Bethpage Federal Credit Union and will shortly be implemented at Wright-Patt Credit Union, Lockheed Federal Credit Union, and America First Credit Union, Prime Alliance said. In related news, Prime Alliance Services Co., a partnership between Dexma, Inc. and Prime Alliance Solutions, also reached an agreement with The First American Corp. to offer title insurance and services to Prime Alliance members. A key feature of the Loan Fulfillment Center is its integration with external partners involved in the mortgage process, enabling credit unions to take advantage of preferred pricing on mortgage services negotiated on their behalf, according to Prime Alliance. The company can be found on the Web at http://www.primeallianceservices.com.
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HUD said its Office of Fair Housing and Equal Opportunity has reduced a Biden administration case backlog by 27% and accelerated investigations.
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Bill Greenberg and Mat Ishbia held a video chat on June 11. The companies disputed the outcome, but in the end, UWM did not make a new proposal for Two Harbors.
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Third-party originators support tightening some standards but say greater flexibility and coordination could help the market avoid disruption.
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But moderating price growth and friendly building policies in many markets hint at emerging affordability for aspiring buyers, Zillow said.
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On a year-over-year comparison, title underwriters produced 15% more premiums in the first quarter, as mortgage rates briefly fell under 6% in February.
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The government-sponsored enterprise has provided language that servicers may utilize in situations involving temporary interest-rate buydowns.
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