ISGN, Bensalem, Penn., has expanded its market reach into Europe through a deal in which GMAC-RFC Property Finance Ltd. will use ISGN's construction lending technology for the servicing of United Kingdom commercial and residential loans. GMAC-RFC Property Finance's use of ISGN's The Construction Lender automation "underscores our commitment to increasing our product focus internationally," said Krishna Srinivasan, chief executive officer at ISGN. TCL was designed to help users manage their relationships with service provides and automates property inspections via the Web. ISGN can be found online at http://www.isgn.com.
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Experts have some tips for how to best employ strategies that can minimize the damage from changes in the market.
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Bill Pulte, FHFA director, has ordered Fannie Mae to update its servicer guide to mirror Freddie Mac policy regarding notifying borrowers about dropping MI.
September 15 -
Seven of eight offices are open; debit cards are capped at $1,000 a day; and the bank's website is down. The bank has given no restoration date.
September 15 -
It will be a promotion for Jones, currently the deputy assistant secretary for single-family housing at the Department of Housing and Urban Development.
September 15 -
The Federal Housing Administration share of August new-home purchase applications hit its highest mark in three months, the Mortgage Bankers Association said.
September 15 -
While Federal Reserve Chair Kevin Warsh has sought to inject some mystery into the central bank's communications with markets, an American Banker analysis shows that officials other than the chair have been speaking more and more frequently over the last few decades.
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