Fiserv Lending Solutions has announced that Albuquerque, N.M.-based Charter Mortgage has selected Fiserv's UniFi PRO Mortgage eX loan origination software system to extend its relationship with Fiserv and embrace the electronic mortgage.Lyle Greenberg, Charter's vice president of mortgage operations, said the company found itself needing to take better advantage of modern technology, especially in the areas of databases, the Internet, and integration with other systems and services. Charter Mortgage is New Mexico's largest mortgage company and is the only company originating and servicing residential and commercial mortgages in the state.
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The quasi-public entity's plan to buy certain closed-end seconds would constitute "unnecessary government encroachment," the Structured Finance Association said.
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The mortgage subsidiary of Hilltop Holdings posted another quarterly loss and volume slipped, but management also sees signs of optimism.
2h ago -
The increasing frequency and severity of droughts was top of mind for panelists at AmeriCatalyst's "Going to Extremes" conference Thursday.
April 18 -
In a Senate hearing, Director Sandra Thompson said a raise to the required income threshold provided to affordable housing was on the table, while housing regulators also faced questions related to property insurance hikes and title insurance waivers.
April 18 -
The nonpayment rate for non-qualified mortgages is up 21 basis points from February and 134 basis points from March 2023, Morningstar DBRS said.
April 18 -
The government mortgage-bond guarantor will require additional information on foreclosure prevention actions, and retire some forbearance reporting.
April 18