WellFound Decade, Jacksonville, Fla., and PaperClip Software, Hackensack, N.J., have partnered to offer the mortgage industry what they're touting as the first simultaneous data and document delivery application, the companies told attendees at the Mortgage Bankers Association National Technology in Mortgage Banking Conference & Expo.Through this alliance, lenders can deliver both docs and data to their correspondents electronically with two clicks. Specifically, PaperClips’s imaging VirtualLoanFolder product will integrate with WellFound Decade’s InvestorExpress data delivery system to make the full transmission possible.
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A California appellate court reversed a lower court's dismissal of a lawsuit over CrossCountry's alleged 2021 raiding of a Seattle-area branch.
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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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