Archive Systems, a provider of mortgage document management services based in Fairfield, N.J., and Global Realty Outsourcing, a provider of international mortgage industry services based in Stamford, Conn., have formed a strategic alliance."Integrating our ability to digitize paper-based documents domestically and present them to GRO's infrastructure in India for processing will create a highly optimized and differentiated onshore/offshore offering," said Rick Kushel, chairman and chief executive officer of Archive Systems. "By virtualizing documents, we have the capability to move work anywhere in the world to take advantage of the right blend of costs, skills, and expertise." Johan Margono, chief technology officer of GRO, a subsidiary of the Dallas-based H-Cube LLC, said his company is "uniquely positioned" through its relationship with Archive Systems to expand on its ability "to develop innovative ways to lower cost and deliver value" to its clients. The companies can be found online at http://www.archivesystems.com and http://www.gro.com.
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Doxo plans to fight the FTC complaint, which focuses broadly on consumer finance, but there are signs of confusion about the company's role in mortgages too.
11h ago -
Members of the LGBTQ community were most likely to have experienced housing bias, according to a Zillow survey, which also found many people don't recognize how fair lending laws could help.
11h ago -
Senior executives making over $151,000 would still be subject to such clauses should the rule go into effect this year.
11h ago -
Christopher J. Gallo and his aide, Mehmet A. Elmas, allegedly withheld information in mortgage applications, hiding that borrowers were purchasing second home properties.
April 25 -
Mortgage rates rose 7 basis points this week, Freddie Mac said, and more increases are likely following a weaker than expected gross domestic product report.
April 25 -
Independent mortgage bankers lost the most money ever on every loan originated last year due to higher rates and lower volumes, an industry trade group said.
April 25