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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The Housing for the 21st Century Act includes provisions covering policy, manufactured homes and rural infrastructure introduced in a prior Senate proposal.
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Mortgage loan officer licensing saw its first rise since 2022 as Fannie Mae projects $2.4T in 2026 volume. Experts eye a market reset amid improving affordability.
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The FHFA chief told Fox an offering could be done near term - but may not be - while a Treasury official addressed conservatorship questions at an FSOC hearing.
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The secondary market regulator will formally publish its own rule on Feb. 6, after a comment period and without making changes to what it proposed in July.
February 6 -
Bowing to industry pressure, the Consumer Financial Protection Bureau is warning consumers with notices on its complaint portal not to file disputes about inaccurate information on credit reports, among other changes.
February 5 -
The mortgage technology unit at Intercontinental Exchange posted a profit for the third straight quarter, even as lower minimums among renewals capped growth.
February 5




