The 8th annual Mortgage Technology Awards were presented Oct. 14 by Mortgage Technology magazine in conjunction with the Mortgage Bankers Association's annual convention in Boston.The 10X Award for technology making an "exponential impact" on mortgage lending went to Wolters Kluwer Financial Services for combining its business units to be "a comprehensive source" for a lender's outsourced regulatory compliance needs. The Lasting Impact Award, for developing technology that has proved its worth over time, went to Gabe Minton for "evangelizing on behalf of industry standardization." The Release of the Year Award, to a company launching a product or initiative likely to have the broadest impact on mortgage lending, went to Deal Maker Score for offering a scientific analysis tool that enables originators to offer a customized plan on how borrowers can achieve a target credit score. The Steve Fraser Award, which goes to an outstanding mortgage technology innovator, visionary, or evangelizer, was presented to Scott Cooley of Cooley Consulting for creating the first loan origination system. Winners of other awards, and those who received commendations in all categories, will be posted soon on the Mortgage Technology website.
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Under the proposed rule, the definition of a manufactured home would allow upper floor sections to be transported and constructed without a permanent chassis.
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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.
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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.
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