Dynatek Inc., Livonia, Mich., has completed a system-to-system plug-in for Freddie Mac's Loan Prospector.com automated underwriting system within its MORvision offering.Dynatek used the latest technology specifications available from Freddie Mac to design a plug-in that would eliminate duplicate data entry, offer increased flexibility, and allow the transfer of loans from the online version of Loan Prospector to MORvision. The improvements ultimately provide faster, more accurate underwriting responses for MORvision users, according to Freddie Mac. Dynatek can be found on the Web at http://www.dynatek.com.
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The company cited efforts to improve profitability behind its decision, with Popular joining a line of other banks in ending mortgage operations in 2025.
10h ago -
The mortgage unit of Hilltop Holdings lost $7.2 million pretax in the third quarter with lower volume, following making a small profit three months prior.
11h ago -
FHA loans accounted for about half of the annual rise in foreclosure starts and 80% of the rise in active foreclosures in September, according to ICE.
October 24 -
The Federal Reserve Friday issued a set of proposed changes to its stress testing program for the largest banks that would disclose the central bank's back-end stress testing models, a move that the Fed had long opposed out of fear of making the tests easier for banks to pass.
October 24 -
Robert Hartheimer's arrest comes at a time when the bank is trying to recover from a consent order and the Synapse mess.
October 24 -
Companies reported positive numbers but see challenges in a sluggish housing environment, as federal pressure ramps up to address affordability.
October 24





