Synergistic Technologies, MRG Document Technologies and World Wide Notary formed an alliance by which the three companies will jointly offer mortgage lenders an end-to-end e-mortgage solution.At the MBA tech show the companies said that they will combine their respective solutions and expertise in document preparation and delivery, document imaging and management and electronic signatures to streamline paper-based loan processes for mortgage lenders while providing them with a flexible, iterative e-mortgage migration strategy that includes automated loan processing workflow, online document sharing, secure, hosted document management, and electronic signing.
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While home lenders are seeing a decrease in issues coming through mobile channels, phone fraud spiked last year, accounting for 28% of losses, a new report found.
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The massive mortgage business saw a first quarter profit mitigated by nearly $300 million in hedging losses.
April 24 -
The Consumer Financial Protection Bureau has seen excessive property-inspection charges, fees that loan mods should eliminate and improper line-item labels.
April 24 -
Michael Tannenbaum, whose experience in the financial services industry spans over 15 years, has a track record of helping companies scale and grow.
April 24 -
A majority of consumers earning more than $100,000 annually said they were concerned about their own ability to purchase a home, demonstrating how affordability issues are impacting those at many socioeconomic levels, the University of Michigan study found.
April 24 -
The nonbank's results add to other indications that the first quarter's "higher for longer" rate scenario had an upside for efficient servicing operations.
April 24