Guardian Mortgage Documents (GMD), Lakewood, Colo., and MortgageFlex Systems Inc. have formed a strategic alliance that will allow MortgageFlex customers to customize upfront disclosure documents and related documents involved in the closing process through a newly-designed interface.Prior to developing this interface both companies were relegated to coming up with client-specific interfaces based on individual needs. GMD provides document preparation, automated workflow management and outsourcing solutions and can be found on the Web at www.gmd.com. MortgageFlex provides LoanQuest, an integrated mortgage processing system and can be found on the Web at www.mortgageflex.com.
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Out of the 221 metro areas tracked, 205 had existing home price increases and just 15 reported year-over-year declines, the National Association of Realtors said.
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The rates of single parent homeownership by gender differ by 14 percentage points, even though more single women own homes than men.
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Purchases and refinances both contributed to weekly growth, with notable increases in certain government-lending segments, the Mortgage Bankers Association said.
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McCargo will succeed Teresa Bryce Bazemore at what the former sees as a "transitional, pivotal moment" for the Federal Home Loan bank.
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Freddie's plan "has merit," but if also used by Fannie, it might create competition for many closed-end, second liens in PL RMBS, according to new research.
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While the company made headway in reducing operational costs, it incurred several million dollars worth of expenses as it dealt with the January incident.
May 7