MERS has announced the launch of a new service to transport electronic documents from one party to the next.MERS's announcement at the Mortgage Bankers Association's National Secondary Market Conference and Expo in Chicago indicated that eDelivery was designed to help aggregators integrate their electronic mortgage technologies with those of their partners. The goal is that every party in the industry will integrate once to MERS and be able to electronically deliver documents to other parties without interfacing to several systems. MERS can be found on the Web at http://www.mersinc.org.
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Check out the next set of names in the 28th edition of National Mortgage News' Top Producers survey, including on how they approach purchase business.
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Brian Hale, CEO of Mortgage Advisory Partners, warns of overcapacity, rising rates and AI-driven disruption forcing consolidation across the lending industry.
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CrossCountry increased its agreed-to offer for the real estate investment trust by 50 cents per share, as UWM Holdings made an unsolicited bid on April 20.
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The former Wall Street player blamed its decline on rising interest rates, trouble at its lending subsidiary, and debt stemming from the Great Financial Crisis.
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The Federal Open Market Committee's April meeting — likely Federal Reserve Chair Jerome Powell's last — is unanimously expected to keep interest rates steady, but questions about energy, inflation and the upcoming transition in leadership still loom.
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Jonathan Corr, the former CEO of Ellie Mae, is one of six new members of MeridianLink's board, added following its acquisition by Centerbridge Partners.
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