Oklahoma City-based a la mode inc. has released FleXApp 1003, an online mortgage loan application system for mortgage brokers and loan officers, as a standalone product.FleXApp 1003 lets brokers provide customer service, a secure environment, and around-the-clock application availability and status updates to borrowers. FleXApp 1003 is housed on a la mode's servers, and the administration interface is accessible from any computer. The company can be found on the Web at http://www.alamode.com.
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Eligible purchases with the Better Home Equity Card, which lets homeowners instantly spend funds drawn from a home equity line of credit, earn 1% cashback.
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Kevin Warsh's nomination to be the next chair of the Federal Reserve passed through the Senate Banking committee in a party-line vote.
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Using a non-GAAP measurement, the real estate investment trust, preparing to be bought by CrossCountry, reported a $25 million loss for the first quarter.
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The government-sponsored enterprise recorded $98.7 billion in single-family loan acquisitions to begin the year, including over $43 billion in refinances.
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Check out the next set of names in the 28th edition of National Mortgage News' Top Producers survey, including on how they approach purchase business.
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Brian Hale, CEO of Mortgage Advisory Partners, warns of overcapacity, rising rates and AI-driven disruption forcing consolidation across the lending industry.
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