Flagstar Bank and Ellie Mae have announced MISMO-compliant integration of Ellie Mae Encompass into Flagstar's Digital Document Transfer platform.The integration enables one-click electronic submission by brokers and correspondents of underwriting and closed-loan packages directly into Flagstar's electronic document management systems. According to the companies, Dublin, Calif.-based Ellie Mae is the first to use the advanced features of Troy, Mich.-based Flagstar's Digital Document Transfer platform. Transfer of SMART Document levels 3 and 4 (as defined by the Mortgage Industry Standards Maintenance Organization) allows for sound exchange of data and documents, the companies said. The platform's secure Web service enables two-way communication and immediate feedback of transfer success. More information about the Digital Document Transfer platform is available at ddtinfo@flagstar.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.
11h ago -
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.
April 28 -
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.
April 28 -
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.
April 28 -
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.
April 28







