Seattle-based Keystroke Technology Solutions has announced the release of Key2Decisionware, a point-of-sale automated underwriting tool that incorporates lenders' programs, pricing, stipulations, conditions, and policies -- plus messaging and best-fit analysis. The company said Key2Decisionware allows lenders to maintain their available loan programs, full eligibility rules, and pricing adjustments in real time without the use of information technology personnel. The system's component-based, standards-compliant design lets lenders augment their legacy systems instead of replacing them. "With today's rapidly changing market conditions, lenders need and want the ability to respond rapidly and in accordance with their business strategies," said Michael Hart, Keystroke's president and chief executive officer. "Key2Decisionware provides the tool they need to manage their business effectively." The company's website address is http://www.keystroke.com.
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Elevated delinquency levels have not affected expected losses, however, due to home price appreciation, Fitch Ratings said.
April 26 -
Retail lenders, including Beeline, Tomo Mortgage and Rocket Mortgage, settled with the department over infractions like submitting a false certification to not having the proper liquidity to be in the program.
April 26 -
A pair of bills, one with bipartisan support, look to address the issues around heirs' property so these families can have clear title on their homes.
April 26 -
The agreement, in which the real estate giant admits no wrongdoing, will cover around 70,000 agents.
April 26 -
Doxo plans to fight the FTC complaint, which focuses broadly on consumer finance, but there are signs of confusion about the company's role in mortgages too.
April 25 -
Members of the LGBTQ community were most likely to have experienced housing bias, according to a Zillow survey, which also found many people don't recognize how fair lending laws could help.
April 25