Pricing vendor Mortgage Pricing Systems has integrated its LEAP! application with Ellie Mae's Encompass LOS. This integration enables Encompass users to automatically export a loan file into LEAP! and return key product and pricing data back to Encompass with a few clicks. Mortgage Pricing Systems distinguishes itself from other product and pricing engine providers by giving Encompass users immediate access to pricing, eliminating the need for additional data entry on the LEAP! website. Qualified programs and pricing are displayed in seconds. Furthermore, by combining simple presentation with numerous sorting and filtering options, users can modify desired rate, price and program (agency, FHA and VA) on a single page without constantly re-qualifying a loan.
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Real is acquiring Motto's parent Remax in a deal valued at $13.80 per share, as the new Real Remax Group will have "two distinct models, one platform."
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The office, which follows the state's criminalization of the white-collar fraud, will flag suspicious property filings and improve data-sharing across agencies.
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Fintech firm IntraFi's most recent quarterly survey of bank executives showed rising pessimism among bankers related to "instability in Washington," as well as growing concerns about technology-enabled fraud.
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The NEXA CEO accused his rival of lashing out at his company despite its own alleged wrongdoing in poaching loan officers and diverting loans.
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M&A, complementary to widespread artificial intelligence implementation, is also high on the list of upcoming priorities for new Dark Matter CEO Vikas Rao.
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Check out the initial reveal of the 28th edition of National Mortgage News' Top Producer survey, in a year where falling rates helped industry-wide volume.
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