MortgageFlex Systems Inc., Jacksonville, Fla., has upgraded its WebConsumer component to its current version of the LoanQuest Residential Lending System, to allow users to get real-time loan status.The upgraded Web component, based on .NET Web technology, enables consumers to shop lenders’ programs, rates and fees and move that information directly into what the company calls a “mini-application” fed to the RLS system. Consumers also can input personal information at their chosen speed. Key features of the WebConsumer component for lenders include: seamless integration with RLS, loan information from the consumer website to RLS, setup information from RLS to the consumer website, turnkey application run at lender or vendor location, ability to customize look and feel (color, logos, etc.), online documentation adjustable to meet individual requirements, extends existing website functionality, and quick implementation, the company said. MortgageFlex can be found on the Web at http://www.mortgageflex.com.
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HUD said its Office of Fair Housing and Equal Opportunity has reduced a Biden administration case backlog by 27% and accelerated investigations.
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Bill Greenberg and Mat Ishbia held a video chat on June 11. The companies disputed the outcome, but in the end, UWM did not make a new proposal for Two Harbors.
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Third-party originators support tightening some standards but say greater flexibility and coordination could help the market avoid disruption.
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But moderating price growth and friendly building policies in many markets hint at emerging affordability for aspiring buyers, Zillow said.
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On a year-over-year comparison, title underwriters produced 15% more premiums in the first quarter, as mortgage rates briefly fell under 6% in February.
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The government-sponsored enterprise has provided language that servicers may utilize in situations involving temporary interest-rate buydowns.
June 15







