Countrywide Financial Corp. has chosen San Diego-based Akonix Systems Inc. to provide automated reporting and industry and corporate compliance for the instant messaging system it uses for real-time communications between its employees.The selection was prompted by various government and lending institution mandates. Akonix L7 Enterprise IM management gateway offers detailed, flexible usage polices, provides active filtering for inappropriate content and confidential information, and offers advanced logging, reporting, and compliance monitoring capabilities. Akonix touts L7 Enterprise as the first real-time security system for public and enterprise IM systems. The company offers a security center to provide real-time information about worms, viruses, and other vulnerabilities that target IM and P2P networks. Countrywide, based in Calabasas, Calif., uses the IBM Lotus Sametime IM system. The companies can be found online at http://www.akonix.com and http://www.countrywide.com.
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August 12 -
The trade group supports a narrow rewrite of the agency's manufactured home definition but it wants FHA valuation projections before lenders can scale.
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Mortgage production declined overall in July from activity earlier this summer amid growing rate volatility, according to two new originations reports.
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In the latest round of posturing between the one-time merger partners, Two Harbors said the filing was part of a "familiar refrain" by UWM to blame others.
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