Empire Equity Group Inc., Montvale, N.J., has embraced Web-based technology by licensing Dublin, Calif.-based Ellie Mae's Encompass Anywhere product for its origination needs.When the deployment is complete by the end of the first quarter, all Empire branches will have switched to Encompass Anywhere from their current loan origination systems, the company said. The Web-enabled mortgage automation system allows Empire branches to view, manage, and distribute loan data electronically via any Internet connection. The company is seeking to simplify compliance oversight with the product as well. Ellie Mae can be found on the Web at http://www.elliemae.com.
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The servicer will pay $4.5 million in remediation to affected homeowners for incorrectly imposing force-placed insurance on thousands of borrowers.
11h ago -
The trade group supports a narrow rewrite of the agency's manufactured home definition but it wants FHA valuation projections before lenders can scale.
11h ago -
Pending home sales, a real-time indicator of homebuying demand, dropped 2.5% to their lowest level since December, according to Redfin's latest report.
August 12 -
Mortgage production declined overall in July from activity earlier this summer amid growing rate volatility, according to two new originations reports.
August 12 -
Long Island-based Dime Commercial Bancshares, which continues to transform itself from a thrift into a commercial bank, is eyeing additional expansion in the Garden State.
August 12 -
In the latest round of posturing between the one-time merger partners, Two Harbors said the filing was part of a "familiar refrain" by UWM to blame others.
August 12








