Livonia, Mich.-based Dynatek Inc. has formed a "tight integration" with DocuTech, Idaho Falls, Idaho, that Dynatek says will give users of its MORvision loan origination system seamless access to DocuTech's Web-based document system, ConformX.The agreement identifies DocuTech, which has been a member of Dynatek's Plug-In Partner Network since 2004, as a preferred integrated document provider. It also allows for development of a fully integrated DocuTech system, which will replace its current Plug-In and provide MORvision customers with a choice between two distinctive forms systems -- a traditional one and an online system that enables DocuTech to manage all the compliance for the lender. The DocuTech ConformX product is a service-based solution that provides users with compliance guarantees and manages the forms process for the lender. The companies can be found on the Web at http://www.dynatek.com and http://www.docutech.com.
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CrossCountry increased its agreed-to offer for the real estate investment trust by 50 cents per share, as UWM Holdings made an unsolicited bid on April 20.
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The former Wall Street player blamed its decline on rising interest rates, trouble at its lending subsidiary, and debt stemming from the Great Financial Crisis.
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The Federal Open Market Committee's April meeting — likely Federal Reserve Chair Jerome Powell's last — is unanimously expected to keep interest rates steady, but questions about energy, inflation and the upcoming transition in leadership still loom.
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Jonathan Corr, the former CEO of Ellie Mae, is one of six new members of MeridianLink's board, added following its acquisition by Centerbridge Partners.
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Newrez expects significant expense reductions from AI partnerships with HomeVision and Valon, as executives rule out mergers and a Rithm spinoff amid strong Q1 earnings.
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More than half of the major metropolitan markets in the United States posted year-over-year price declines in February, according to a new report.
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