Lydian has integrated with NYLX to help lenders increase overall loan quality. The partnership connects Lydian Data Services and Lydian Technology Group's clients with NYLX's point-of-sale technology, equipping clients with a front-end solution that offers real-time pricing and product selection, as well as customer-facing Web portals. On the other end, NYLX customers now connect to Lydian's Mortgage Connectivity Hub to seamlessly connect to lending platforms, package loans for processing or delivery to a wholesaler, and leverage Lydian's BPO capabilities. The partnership also offers a two-way data exchange to allow for more efficient integration and e-collaboration. The deal was forged at the MBA Technology Show.
-
Under the proposed rule, the definition of a manufactured home would allow upper floor sections to be transported and constructed without a permanent chassis.
9h ago -
Even though the SAFE Act does not require AI loan officers licensing, other laws, as well as regulators, still look for a person to be responsible.
9h ago -
The government-related market's push has intensified efforts to draw up classic FICO comparisons or set up interim rating policies pending more data.
10h ago -
The changes provide standardized appraisal guidance in advance of a mandatory compliance date to a new reporting format in November this year.
June 12 -
Provident Bank says My Mortgage used a $10 million line of credit to fund dozens of ineligible, dilapidated properties and sold them to their own employees.
June 12 -
OneTrust Home Loans says its employees secretly used Floify to funnel loans to brokerage E Mortgage Capital, which were then funded by the wholesale giant.
June 12







