Roger Gudobba, senior principal for strategic business development at VMP Mortgage Solutions Inc., has been named chairperson of the eMortgage Alliance, replacing Dave Williamson of the Performance Group."Roger is a strong evangelist," said Ty Jenkins, founder and chief executive officer of DocuTech Corp. and a member of the eMortgage Alliance. "He's got the vision. Everything with e-forms, electronic delivery has been his strong point. He's carried that baton for years, and he'll be great for the eMortgage Alliance." Each chairperson holds the title for a single one-year term. The eMortgage Alliance is a consortium of companies that have assembled to promote standards-based electronic mortgage technology, systems, and best practices to encourage the industry to move toward the eventual acceptance of a complete electronic mortgage. The organization can be found on the Web at http://www.emortgagealliance.us.
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The lender, in addressing claims first raised by the Consumer Financial Protection Bureau, said its activities are protected by safe harbor provisions.
May 22 -
Copper Ridge Ventures has joint venture businesses with mortgage loan officers and real estate professionals using the same broker model as NEXA Lending.
May 21 -
VantageScore 4.0 has been incorporated into the existing processes at Rocket for both the retail and mortgage broker-facing origination businesses.
May 21 -
The pace of contract signings surged at its fastest in three years in a break from the more stagnant conditions of past home buying seasons, Realtor.com said.
May 21 -
With the 10-year Treasury yield at levels not seen in 52 weeks, the 30-year fixed rate mortgage rose 15 basis points over last Thursday, Freddie Mac said.
May 21 -
Artificial intelligence's ability to uncover and analyze granular data across large volumes of files may result in AI agents executing trades themselves, mortgage leaders said.
May 21







