As Fiserv held its client conference in Las Vegas, the company announced that Fiserv Lending Solutions' CredStar has entered into an alliance with Boston-based PCi Corp. to integrate several of PCi's Wiz systems with WebStar, CredStar's credit services platform.The Brookfield, Wis.-based Fiserv said the combined offering is expected to streamline processes for wholesalers using CredStar with Fiserv's easyLender and UniFi LOS systems. The alliance also promises to reduce steps for brokers submitting loans to lenders using CredStar. The PCi functionality available to CredStar customers includes: geocoding, edit checks, and validation of Home Mortgage Disclosure Act data using FFIEC error-checking logic, flood zone determinations, and identification of high-cost loans before they are funded. The companies can be found on the Web at http://www.fiserv.com and http://www.pciwiz.com.
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HUD said its Office of Fair Housing and Equal Opportunity has reduced a Biden administration case backlog by 27% and accelerated investigations.
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Bill Greenberg and Mat Ishbia held a video chat on June 11. The companies disputed the outcome, but in the end, UWM did not make a new proposal for Two Harbors.
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Third-party originators support tightening some standards but say greater flexibility and coordination could help the market avoid disruption.
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But moderating price growth and friendly building policies in many markets hint at emerging affordability for aspiring buyers, Zillow said.
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On a year-over-year comparison, title underwriters produced 15% more premiums in the first quarter, as mortgage rates briefly fell under 6% in February.
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The government-sponsored enterprise has provided language that servicers may utilize in situations involving temporary interest-rate buydowns.
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