Technology consulting firm CC Pace, Fairfax, Va., has entered a reseller agreement with Dorado Corp., a demand chain management firm based in San Mateo, Calif., to deliver CC Pace's LGXpress as a Dorado .MOR Web Service.LGXpress is a browser-based interface to the Department of Veterans Affairs’ paperless loan guaranty process. LGXpress speeds up the loan guaranty process and reduces the lender's cost of processing a VA loan. The .MOR version of LGXpress is expected to be available in the third quarter as the first step in a comprehensive Web-services-based government loan package that lenders can use as an integrated part of their origination system. The companies can be found online at http://www.ccpace.com and http://www.dorado.com.
-
The partnership was designed to support the growth of Redwood's Sequoia platform and give Castlelake purchasing power for fully documented loans.
7h ago -
Home affordability declined on a monthly basis across loan types and racial demographics, but improved from a year ago, the Mortgage Bankers Association said.
9h ago -
A federal judge harshly criticized the settlement of a civil suit between the Department of Justice and a Texas land developer.
9h ago -
The latest study from LodeStar found the ratio of average closing cost to home sales price in several states, led by Delaware, well above the national average.
9h ago -
The benchmark 10-year Treasury yield topped 4.4% on April 29 — its highest level since late March — as investor anxiety mounted.
10h ago -
The technology firm posted annual gains in servicing, origination and closing solutions, although the segment at large posted an operating loss.
10h ago









