Interthinx, a Calabasas, Calif.-based provider of automated fraud protection and decision support tools for the mortgage industry, has integrated its DISSCO tool with the Beanstalk Networks' OpenClose MTG platform."Interthinx offers methodology for intercepting mortgage fraud before it permeates the secondary marketplace -- and that's vital," said Jason Regalbuto, president and chief technology officer of Beanstalk Networks. The OpenClose MTG tool offers tailored configurations for lenders and brokers that can be used for origination, processing, and managing digital loan folders while providing tools for prequalification, product/price locking, automated underwriting, and back-office mortgage banking. The integration will enable loans to be instantly and seamlessly submitted to DISSCO for automatic screening for potential mortgage fraud. Interthinx can be found on the Web at http://www.interthinx.com.
-
Under the proposed rule, the definition of a manufactured home would allow upper floor sections to be transported and constructed without a permanent chassis.
June 12 -
Even though the SAFE Act does not require AI loan officers licensing, other laws, as well as regulators, still look for a person to be responsible.
June 12 -
The government-related market's push has intensified efforts to draw up classic FICO comparisons or set up interim rating policies pending more data.
June 12 -
The changes provide standardized appraisal guidance in advance of a mandatory compliance date to a new reporting format in November this year.
June 12 -
Provident Bank says My Mortgage used a $10 million line of credit to fund dozens of ineligible, dilapidated properties and sold them to their own employees.
June 12 -
OneTrust Home Loans says its employees secretly used Floify to funnel loans to brokerage E Mortgage Capital, which were then funded by the wholesale giant.
June 12







