LandSafe Inc., a subsidiary of Countrywide Financial Corp., will provide access to flood determinations through the users of Calyx' Point loan origination software.The Point version 4.1 interface allows originators using the system to request flood information from LandSafe without swapping applications. The request is transmitted through the Internet.
The partnership was designed to support the growth of Redwood's Sequoia platform and give Castlelake purchasing power for fully documented loans.
Home affordability declined on a monthly basis across loan types and racial demographics, but improved from a year ago, the Mortgage Bankers Association said.
A federal judge harshly criticized the settlement of a civil suit between the Department of Justice and a Texas land developer.
The latest study from LodeStar found the ratio of average closing cost to home sales price in several states, led by Delaware, well above the national average.
The benchmark 10-year Treasury yield topped 4.4% on April 29 — its highest level since late March — as investor anxiety mounted.
The technology firm posted annual gains in servicing, origination and closing solutions, although the segment at large posted an operating loss.
