Advancing the cause of enabling electronic recordation of lien releases and other documents, St. Paul, Minn.-based US Recordings announced that it has expanded its footprint to serve another six counties via its InteleDoc Plus Multi-Level eRecording Platform.InteleDoc Plus imports data directly from mortgage databases to automatically create documents specific to each state. Boasting a fourfold increase during 2005, the company said it will expand to numerous counties during 2006. The system was created in 2003 and now offers templates for lien releases in all U.S. jurisdictions. Partnering with several software companies, U.S. Recordings' InteleDoc Plus was the first to record electronically in several Midwest counties as well as Florida, New Jersey, Utah, and Washington. Slightly more than 200 county recording authorities account for 80% of recordations nationwide.
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The Federal Housing Administration, the Department of Veterans Affairs and the Federal Housing Finance Agency have started gathering data and analyzing how climate risk will impact the housing ecosystem.
9h ago -
A special committee is exploring any possible structural "strategic alternatives," which would be aimed at increasing shareholder value, the real estate investment trust said.
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An insurance-indexed debt-to-income ratio could help mitigate borrowers' rising premiums, and help maintain a healthy servicing portfolio, experts said.
April 22 -
But the number of properties whose mortgage is more than 90 days late is at its lowest since 2006, ICE Mortgage Technology said.
April 22 -
Industry leaders expressed a high degree of satisfaction with technology in use, but also said a product's cost is the most important criteria for them when partnering with vendors, according to Fannie Mae research.
April 22 -
The top five loan officers produced an average of 628 loans in 2023.
April 22