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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Consumers are 19% more likely to pay their auto loans than their mortgages, which is a shift in attitude from the pandemic period, FICO said.
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The transaction combines independent mortgage companies which are based in Strongsville, Ohio (East Coast) and Folsom, California (West Coast).
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Housing finance firms have anticipated a 25 basis point move, so what could move the needle is less that outcome than actions that go beyond or differ from it.
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A federal judge in Colorado ruled that the appraisal discrimination case raised by the government against both Rocket and Solidifi will move forward.
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New-home loan activity rose 1% in August year over year, but applications fell 6% from July.
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A group of Democratic Senators led by Elizabeth Warren, D-Mass., urged regulators to keep the 2023 Community Reinvestment Act overhaul, saying the rule was carefully crafted with bipartisan input.
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