Arlington Capital Mortgage Corp., Bensalem, Pa., has picked Archive Systems' ASPEN 360 Software-as-a-Service system to create a central repository to give its branches online access to loan documents.The SaaS system means Arlington will require no software, hardware, or infrastructure to use the system. Arlington Capital personnel will scan and upload loan documents via ASPEN 360's Scanning Gateway technology. Arlington will also use the system to provide direct access to investors looking to purchase loans. Fairfield, N.J.-based Archive Systems provides DPO (document process outsourcing) services. The companies can be found online at http://www.thinkarlington.com/ac and http://www.archivesystems.com.
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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.
20m ago -
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.
6h ago -
Brian Hale, CEO of Mortgage Advisory Partners, warns of overcapacity, rising rates and AI-driven disruption forcing consolidation across the lending industry.
6h ago -
CrossCountry increased its agreed-to offer for the real estate investment trust by 50 cents per share, as UWM Holdings made an unsolicited bid on April 20.
April 28 -
The former Wall Street player blamed its decline on rising interest rates, trouble at its lending subsidiary, and debt stemming from the Great Financial Crisis.
April 28 -
The Federal Open Market Committee's April meeting — likely Federal Reserve Chair Jerome Powell's last — is unanimously expected to keep interest rates steady, but questions about energy, inflation and the upcoming transition in leadership still loom.
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