Decade Systems Corp., Jacksonville, Fla., has formed a strategic partnership with Ellie Mae Inc., Dublin, Calif., whereby Decade will act as Ellie Mae's preferred integration provider and a reseller of Ellie Mae's ClickLoan technology.As the preferred integration provider, Decade will provide integration solutions to Ellie Mae's clients that have a need to integrate Ellie Mae's Encompass and ePASS products to other mortgage technology systems, such as loan origination, core banking, secondary marketing, and servicing products. In addition, Decade's Total Enterprise Data Integration product has been integrated directly into Ellie Mae's universal loan origination system connector, ClickLoan. Ellie Mae, a provider of desktop and Web-enabled mortgage industry productivity technology, can be found on the Web at http://www.elliemae.com. Decade Systems, a provider of systems integration technology for the industry, can be found at http://www.decadesystems.com.
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Newly minted Federal Reserve Chair Kevin Warsh will host his inaugural press conference on Wednesday. Bankers will be paying close attention to what he says — and how he says it.
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The Federal Housing Finance Agency's annual report to Congress asks for enforcement and referral powers beyond the limited ones it currently has.
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The deal offers a series of exchangeable, class A and B notes, which will pay coupons ranging from 6.00% on the A1 tranche to 5.00% on the A33 tranche.
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This industry executive finds subservicing mortgages impacted by rule changes and relatively higher delinquency rates helps test operations and keep them sharp.
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