ABN Amro has selected the ComplianceEase automated compliance technology as its enterprise-wide solution for managing adherence to federal and state lending regulations.ComplianceEase offers an Internet-based open platform that integrates seamlessly with loan origination systems. It offers to reduce the cost of complying with "high-cost" regulations, Sarbanes Oxley oversight requirements and other regulatory risk. ABN Amro said it picked ComplianceEase for its ease of implementation and use as well as its ability to reduce the time, cost and resources the lender has to commit to compliance in the consumer-lending arena.
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The latest rate increases contributed to a 1% drop in purchases from the previous week and 15% annually, according to the Mortgage Bankers Association.
4h ago -
The top five producers had an average dollar volume of VA and USDA loans of more than $35 million in 2023.
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The JPMorgan Chase CEO took aim Tuesday at the proposed Basel III endgame rules, hindrances to mergers and bureaucratic burdens. "I would love to have a more productive relationship with regulators, but I think it takes conversation," Dimon said.
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While income decreased from the fourth quarter, it accelerated on an annual basis across NVR's building and lending units.
April 23 -
Many legal experts think the Supreme Court will rule in favor of the Consumer Financial Protection Bureau in a case challenging its funding. Such a ruling would unleash a flurry of litigation that has been on hold pending the outcome of the constitutional challenge.
April 23 -
Prevention through new building standards and mapping technology aim to keep home insurance rates down but mortgage bankers see challenges.
April 23