American Management Systems, Fairfax, Va., has announced the successful implementation of Amerin VIA, a Web interface that provides integrated links to Amerin Guaranty Corp.'s existing back-office functions.Through the new online system, lenders can inquire about the status of insured loans, payments, and coverage details. The technology allows Amerin's staff to focus on more intricate questions, as opposed to routine requests. American Management's website address is http://www.amsinc.com.
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National Mortgage News spoke with Shant Banosian of Rate, Mark Cohen of Cohen Financial and Amanda Sessa of SWBC on how they stand out in their markets.
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The partnership was designed to support the growth of Redwood's Sequoia platform and give Castlelake purchasing power for fully documented loans.
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Home affordability declined on a monthly basis across loan types and racial demographics, but improved from a year ago, the Mortgage Bankers Association said.
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A federal judge harshly criticized the settlement of a civil suit between the Department of Justice and a Texas land developer.
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The latest study from LodeStar found the ratio of average closing cost to home sales price in several states, led by Delaware, well above the national average.
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The benchmark 10-year Treasury yield topped 4.4% on April 29 — its highest level since late March — as investor anxiety mounted.
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