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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Home price growth is accelerating as inventory stalls—Chicago and Pittsburgh lead mid-tier gains at 4.2%, while Denver and Las Vegas see supply-driven price corrections.
1h ago -
The industry leaders are sparring over refinance business from a Mr. Cooper portfolio, and UWM contends it didn't specifically try to harm its rival.
9h ago -
The trade group supports FHFA's overhaul but urges longer comment periods, more flexibility and protections to prevent unintended consequences.
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The drop in the annual metric for FHA loans was the biggest in over four years but other performance indicators ICE Mortgage Technology tracked were mixed.
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NJ Lenders suffered a cyberattack last August, which potentially exposed the names and social security numbers of about 30,000 individuals.
July 24 -
Its origination volume of $621.8 million was an increase of $114 million compared with the first quarter but its gain-on-sale was 5 basis points lower.
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