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 new executive order could add lender competition for self-employed borrowers, potentially via a small loan carveout and one for portfolio products.
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Eleven defendants face fraud and money laundering charges in a California case involving elderly homeowners and private lenders, prosecutors said.
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There were an estimated 630,000, or 46.3%, more home sellers than buyers in the United States in February, according to a Redfin report.
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United Wholesale Mortgage is offering revised terms. The mortgage real-estate investment trust that owns RoundPoint also received a third offer it's considering.
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Federal Reserve Gov. Stephen Miran said it is too early to judge how U.S. involvement in the war with Iran will affect inflation and monetary policy.
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The Trump administration hasn't formally charged Swalwell, Adam Schiff or Lisa Cook, while a federal court tossed a prosecution against Letitia James.
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