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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Private residential construction spending rose 0.3% from April and 1.8% from a year ago to a seasonally adjusted annual rate of $930.2 billion in May.
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The vote to approve the $12 per share deal, which rejected a hostile bid from UWM Holdings, came following several postponements of a special meeting.
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A mortgage customer claims his data was compromised in a hack last year at a tax and accounting firm reportedly used by the wholesale giant.
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