Lender Support Systems Inc., Poway, Calif., has announced the availability of Docs3D, which it termed the company's next-generation loan document creation software.The Web-based application helps streamline the mortgage closing process through a simplified tool that performs accurate annual percentage rate, payment, impound analysis, and high-cost calculations, LSSI said. "We developed Docs3D to provide lenders with a fully compliant, fast, and accurate document preparation solution that seamlessly interfaces with virtually all existing [loan origination systems]," said Cary Burch, president and chief executive officer of LSSI. The software uses standards for all required formats and offers required disclosures for all 50 states, the company said. The announcement was made at the Mortgage Bankers Association annual convention in Chicago. LSSI can be found online at http://www.lendersupport.com.
-
The trade group's letter to FHFA Director Bill Pulte pointed out that lenders were facing credit report price hikes for four straight years.
December 16 -
Hart, who came over from Ellie Mae, starts in the position of Jan. 1, as Tim Bowler moves to a new role within ICE's Fixed Income and Data Services division.
December 16 -
Michael Hutchins, the two-time interim chief executive at the government-sponsored enterprise, will remain with the company in his role as president.
December 16 -
New-home purchase activity rose 3.1% year over year, but dropped 7% from October, the Mortgage Bankers Association said.
December 16 -
Higher unemployment has driven these indications of distress higher but most loans that financial institutions hold in their portfolios are still performing.
December 16 -
Remote work helped fuel migration and erased the loss of rural residents that occurred in the decade prior to the arrival of Covid, Harvard researchers found.
December 15




