ComplianceEase, San Francisco, is touting product enhancements that it says will provide the industry's most comprehensive regulatory compliance system.The company says ComplianceAnalyzer will bring together automated loan-level anti-predatory-lending audits, secondary-market investor criteria, and consumer credit compliance in one convenient service. An additional product, ComplianceAnalyzer Plus, offers financial institutions loan-level insurance coverage up to the conforming loan limit, ComplianceEase announced at the Mortgage Bankers Association convention in San Francisco. ComplianceAnalyzer replaces the company's current anti-predatory-lending compliance system, PredatorAnalyzer. The company can be found online at http://www.complianceease.com.
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Rocket, United Wholesale Mortgage and Pennymac said they will use the new government-sponsored enterprise credit metric as large lenders get on board.
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Meet the top loan originators in the 28th edition of National Mortgage News' annual ranking and learn how they approach purchase business.
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One-time Rocket exec Mike Fawaz founded brokerage and tech firm Origna8 with his former adversary's backing, which both say will enable it to quickly scale.
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Federal Reserve Chair Jerome Powell told reporters Wednesday that he would remain on the Fed board after his term as chair expires next month, resolving the last and most significant open question about his departure and the onset of Kevin Warsh's leadership at the central bank.
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President Biden had issued a rule in 2024 requiring newly constructed homes to abide by an energy mandate to be eligible for FHA- or USDA-backed mortgages.
April 29 -
Eligible purchases with the Better Home Equity Card, which lets homeowners instantly spend funds drawn from a home equity line of credit, earn 1% cashback.
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