London Bridge Group has completed a data integration tool developed for its LenStar default management attorney referral system designed to provide a bi-directional interface between a customer’s servicing or case management system and the Internet version of LenStar.The LenStar Black Box is designed to eliminate the data collection screen scraping process by connecting to any database supported by the Microsoft ADO data access technology, or by processing XML messages. The data transfers occur in a real-time environment via the Internet. In addition, intelligent integration is built in, using the data to close cases, establish holds, send messages, and more, London Bridge said. The product is being beta-tested with the case management systems of a number of law firms. London Bridge said it is working with other technology vendors to ensure that other leading default management products integrate with LenStar via the Black Box. London Bridge's website address is http://www.london-bridge.com.
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The partnership was designed to support the growth of Redwood's Sequoia platform and give Castlelake purchasing power for fully documented loans.
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Home affordability declined on a monthly basis across loan types and racial demographics, but improved from a year ago, the Mortgage Bankers Association said.
April 30 -
A federal judge harshly criticized the settlement of a civil suit between the Department of Justice and a Texas land developer.
April 30 -
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.
April 30 -
The benchmark 10-year Treasury yield topped 4.4% on April 29 — its highest level since late March — as investor anxiety mounted.
April 30 -
The technology firm posted annual gains in servicing, origination and closing solutions, although the segment at large posted an operating loss.
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