GainClients Inc., a Tucson, Ariz.-based website provider, has announced the selection of VueCentric Inc., Austin, Texas, and its MortgageDashboard online mortgage loan origination system to create a Financial Relationship Management platform.According to GainClients, the FRM will create a turnkey online collaborative environment that will enable loan officers, real estate agents, and other trusted financial advisers to interact "without forcing them to give up control of their customers or the transaction." VueCentric's MortgageDashboard is offered under the software-as-a-service model, which relieves lender-users of the burden of maintaining and marketing an interactive retail website. The FRM will provide online status reporting and marketing tools to maintain borrower relationships. VueCentric can be found online at http://www.vuecentric.com.
-
The Community Home Lenders of America and the Community Associations Institute want the FHA to insure loans on condos approved by Fannie Mae and Freddie Mac.
September 17 -
The Federal Open Market Committee's decision to reduce interest rates for the first time in nine months lifted bank stocks Wednesday. The 25-basis-point reduction could lead to net interest income headwinds now, but loan growth later, analysts said.
September 17 -
Most lenders said they had already priced in the widely-anticipated decision to cut short-term rates for 30-year home loans but other products will benefit.
September 17 -
The deal for the Class A office building owner will be funded from Rithm's cash as well as liquidity on the balance sheets, plus possible co-investors.
September 17 -
Mortgage applications saw a significant jump for the second consecutive week, as homeowners took advantage of plummeting rates, the MBA said.
September 17 -
The government-sponsored enterprise is making changes to mortgage-backed securities and servicing disclosure files to support use of the advanced credit score.
September 17