Ingeo Systems Inc., Logan, Utah, and Cott Systems, Worthington, Ohio, have announced a strategic alliance that the companies say will streamline and automate transaction-based processes associated with the electronic recording of real estate documents.The partnership enables county recording offices to accept electronically prepared digital documents for official recording. The alliance combines Ingeo's eRecord service with Cott Systems' Resolution software, a suite of products designed for county clerks, recorders, and other elected officials responsible for the filing of land records. The companies can be found on the Web at http://www.ingeo.com and http://www.cottsystems.com.
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The Federal Housing Administration, the Department of Veterans Affairs and the Federal Housing Finance Agency have started gathering data and analyzing how climate risk will impact the housing ecosystem.
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A special committee is exploring any possible structural "strategic alternatives," which would be aimed at increasing shareholder value, the real estate investment trust said.
April 22 -
An insurance-indexed debt-to-income ratio could help mitigate borrowers' rising premiums, and help maintain a healthy servicing portfolio, experts said.
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But the number of properties whose mortgage is more than 90 days late is at its lowest since 2006, ICE Mortgage Technology said.
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Industry leaders expressed a high degree of satisfaction with technology in use, but also said a product's cost is the most important criteria for them when partnering with vendors, according to Fannie Mae research.
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The top five loan officers produced an average of 628 loans in 2023.
April 22