Ann Arbor, Mich.-based Entyre Inc has launched it’s Web-based X4 Wholesale Lending System, an ASP-based closing system that gives lenders control of who “touches” their loans, and what those participants are allowed to do.The technology was designed to give Wholesale Lenders more control over the closing process. A company spokesman said that Entyre is in the middle of three major implementations of the X4 Wholesale Lending System, including a top 20 lender, which is expected to be formally announced in early May. Entyre prepares loan closing documents for brokers, bankers and correspondent lenders and investors. The company can be found on the Web at http://www.entyre.com.
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Intermediary automation has increased the immediate availability of product, pricing and eligibility information to both sides of the mortgage business.
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Radian undertook a multiyear process that resulted in the $1.7 billion purchase of Inigo, but it's exiting other businesses outside of mortgage insurance.
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Rate rolled out its Rate App entirely in Spanish Thursday as part of its Language Access Program.
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CrossCountry Capital will partner with an Ares Alternative Credit fund and Hildene Capital Management after receiving $1 billion of equity capital commitments.
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President Donald Trump asked the Supreme Court to reverse a lower court ruling allowing Federal Reserve Gov. Lisa Cook to remain in office pending the outcome of her lawsuit challenging Trump's move to fire her late last month.
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The 30-year fixed rate mortgage was down another 9 basis points this week, Freddie Mac said, but much of this pricing was before the Federal Reserve meeting.
September 18