Palisades Technology Partners, Englewood Cliffs, N.J., has launched Impact Mortgage Services Components, which are designed to plug into point-of-sale and loan origination systems to streamline the delivery of new products and services.Specifically, the product includes pricing, fees, compliance, and mortgage calculation services. Palisades, which provides strategic consulting, eLending applications, and systems integration, can be found on the Web at http://www.ptpusa.com.
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.
The benchmark 10-year Treasury yield topped 4.4% on April 29 — its highest level since late March — as investor anxiety mounted.
The technology firm posted annual gains in servicing, origination and closing solutions, although the segment at large posted an operating loss.
Growth in retained and investment portfolios drove gains as the government-sponsored enterprise reported the highest refinancing share seen in four years.
Higher utilization and aggregate excess payments point to pressure, according to TransUnion. Debt-to-income averages remain below traditional mortgage caps.
Meet the top loan originators in the 28th edition of National Mortgage News' annual ranking and learn how they approach purchase business.
