DocuTech Corp., a provider of compliance services and documentation technology, has debuted its new PowerLend product at the National Association of Mortgage Brokers conference in Salt Lake City.PowerLend is a Web-based system that integrates a broker's closing software and identifies refinancing options that can be offered to borrowers for their consumer loans. The tool is designed to give brokers the ability to identify future lending opportunities. DocuTech can be found on the Web at http://www.docutechcorp.com.
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Growth in retained and investment portfolios drove gains as the government-sponsored enterprise reported the highest refinancing share seen in four years.
20m ago -
Higher utilization and aggregate excess payments point to pressure, according to TransUnion. Debt-to-income averages remain below traditional mortgage caps.
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Meet the top loan originators in the 28th edition of National Mortgage News' annual ranking and learn how they approach purchase business.
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Rocket, United Wholesale Mortgage and Pennymac said they will use the new government-sponsored enterprise credit metric as large lenders get on board.
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One-time Rocket exec Mike Fawaz founded brokerage and tech firm Origna8 with his former adversary's backing, which both say will enable it to quickly scale.
April 29 -
Federal Reserve Chair Jerome Powell told reporters Wednesday that he would remain on the Fed board after his term as chair expires next month, resolving the last and most significant open question about his departure and the onset of Kevin Warsh's leadership at the central bank.
April 29









