Wayne, Pa.-based GHR Systems' BrokerOneSource has just added to its list of participating lenders with the signing of Saxon Mortgage, Richmond, Va., bringing to six its total of new lenders within the past month.BrokerOneSource is a mortgage origination Web-based marketplace that links wholesale lenders with mortgage brokers. At present, 18 lenders participate, six of which signed up in May of this year. In addition, 2,000 mortgage brokers are registered and actively use BOS to process and close loans. BOS can be found on the Web at http://www.brokeronesource.com.
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According to the Federal Reserve Board's latest financial stability report, persistent inflation and policy uncertainty are the primary worries for banks. Survey respondents expressed heightened anxiety over murky policy outlooks due to geopolitical turmoil and rapidly approaching domestic elections.
7h ago -
Leaders of ORNL Federal Credit Union are piloting Zest AI's new artificial intelligence-powered assistant to ensure equitable underwriting practices and measure performance against similar institutions.
9h ago -
McCargo stabilized the agency at a crucial time as she helped navigate it through both a pandemic and subsequent dramatic interest-rate cycle change.
10h ago -
The quasi-public entity's plan to buy certain closed-end seconds would constitute "unnecessary government encroachment," the Structured Finance Association said.
April 19 -
The mortgage subsidiary of Hilltop Holdings posted another quarterly loss and volume slipped, but management also sees signs of optimism.
April 19 -
The increasing frequency and severity of droughts was top of mind for panelists at AmeriCatalyst's "Going to Extremes" conference Thursday.
April 18