Fidelity National Financial Inc., Jacksonville, Fla., discussed its recently launched DecisionStream product during a press briefing at the Mortgage Bankers Association annual convention in Orlando.According to Al Verkuylen, senior vice president of development and strategy for FNF subsidiary Lender's Services Inc., DecisionStream takes the data from the various parts of FNF and brings them out to the point of sale. This allows originators of refinance and home equity transactions to decide early in the process whether it is worthwhile to invest in the full-scale mortgage settlement package. Another benefit is that with bundled services as part of the origination process, DecisionStream provides guaranteed quotes for settlement services, he said, allowing originators to give a definitive price to their customer. With Real Estate Settlement Procedures Act reform expected to include a guaranteed mortgage package, this is a benefit, Mr. Verkuylen said.
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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.
2h ago -
The government-sponsored enterprise has provided language that servicers may utilize in situations involving temporary interest-rate buydowns.
4h ago -
Balance sheet reduction is a top priority of new Fed Chair Kevin Warsh. Achieving that goal means avoiding the kinds of disruptions that roiled the Treasury bond market in 2019, the last time the central bank embarked on quantitative tightening.
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The government said it was responding to a jailbreaking risk that Anthropic says is minimal.
June 13 -
Lawmakers from both parties defended regional Federal Reserve banks against potential consolidation, arguing local economic perspectives are essential to ensure monetary policy remains sound.
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