Livonia, Mich.-based Dynatek Inc. has executed its one millionth transaction using the MORvision Plug-In Partner Network.A live countdown had been available on the company's customer website, where MORvision users were invited to participate in the milestone. The MORvision Plug-In Partner Network has grown substantially since its inception in February 2000. The company currently records an average of 84,000 Plug-In transactions per month. Many Plug-Ins have experienced even higher growth rates, such as First American's Flood Plug-In, which grew by 360% between January and October of this year, for example.
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The threats to companies loom as borrowers face soaring homeowners insurance costs, ex-Ginnie Mae head Ted Tozer explains.
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The Federal Housing Administration, the Department of Veterans Affairs and the Federal Housing Finance Agency have started gathering data and analyzing how climate risk will impact the housing ecosystem.
April 22 -
A special committee is exploring any possible structural "strategic alternatives," which would be aimed at increasing shareholder value, the real estate investment trust said.
April 22 -
An insurance-indexed debt-to-income ratio could help mitigate borrowers' rising premiums, and help maintain a healthy servicing portfolio, experts said.
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But the number of properties whose mortgage is more than 90 days late is at its lowest since 2006, ICE Mortgage Technology said.
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Industry leaders expressed a high degree of satisfaction with technology in use, but also said a product's cost is the most important criteria for them when partnering with vendors, according to Fannie Mae research.
April 22