First American LoanPerformance, a San Francisco-based provider of residential mortgage data and analytics, has announced major enhancements to TrueStandings Securities, a Web-based business intelligence platform that provides loan-level access to the company's mortgage securities database.The company said the enhancements include a new in-progress period reporting function offering the earliest view of performance and prepayment information on 80% of active pools up to 12 business days earlier than previously possible. Improvements also include a bulk export capability enabling faster and more detailed analysis of up to two gigabytes of loan-level data, and a lookup tool for finding securities that match a specific CUSIP number. First American LoanPerformance said its database contains over $2 trillion worth of mortgage transactions representing 85% of active nonagency securitized mortgages. The company can be found online at http://www.loanperformance.com.
-
Under the proposed rule, the definition of a manufactured home would allow upper floor sections to be transported and constructed without a permanent chassis.
June 12 -
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.
June 12 -
The government-related market's push has intensified efforts to draw up classic FICO comparisons or set up interim rating policies pending more data.
June 12 -
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







