IntraPrise Solutions Inc., Newton, Pa., has acquired the business of Merit Dynamics Inc., a provider of loan product information to the mortgage industry based in Cape May Court House, N.J.The terms of the transaction were not disclosed. Merit maintains a searchable database of product specifications from more than 120 investors and over 2,200 separate products turning investor product manuals into a standardized database accessible to any authorized user with a Web browser. In the future as part of the acquisition, ISI's software products will integrate with Merit Matrix. ISI provides software systems and managed services for the financial services industry. The companies can be found on the Web at http://www.intraprisesolutions.com and http://www.meritdynamics.com.
-
The benchmark 10-year Treasury yield topped 4.4% on April 29 — its highest level since late March — as investor anxiety mounted.
9m ago -
The technology firm posted annual gains in servicing, origination and closing solutions, although the segment at large posted an operating loss.
31m ago -
Growth in retained and investment portfolios drove gains as the government-sponsored enterprise reported the highest refinancing share seen in four years.
2h ago -
Higher utilization and aggregate excess payments point to pressure, according to TransUnion. Debt-to-income averages remain below traditional mortgage caps.
-
Meet the top loan originators in the 28th edition of National Mortgage News' annual ranking and learn how they approach purchase business.
7h ago -
Rocket, United Wholesale Mortgage and Pennymac said they will use the new government-sponsored enterprise credit metric as large lenders get on board.
7h ago








