Seattle-based Go Financial Solutions has launched a 100% paperless process, starting with delivering a secure electronic disclosure service to their customers using SigniaDocs technology. The technology is offered as a private-label Web service, so it is easy to get up and running in a short period, the Houston-based SigniaDocs said. SigniaDocs will date and time-stamp the delivery of the documents and keep a full audit trail of all activity such as when the borrower opens, views, and electronically signs the documents. The technology keeps track of which function still needs to be performed and which documents still need to be signed, according to SigniaDocs. In addition, the platform supports full paper delivery if the lender does not get confirmation that the documents have been received or the borrower opts out and wants to receive paper documents. SigniaDocs can be found online at http://www.signiadocs.com.
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The industry leaders are sparring over refinance business from a Mr. Cooper portfolio, and UWM contends it didn't specifically try to harm its rival.
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The trade group supports FHFA's overhaul but urges longer comment periods, more flexibility and protections to prevent unintended consequences.
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The drop in the annual metric for FHA loans was the biggest in over four years but other performance indicators ICE Mortgage Technology tracked were mixed.
July 24 -
NJ Lenders suffered a cyberattack last August, which potentially exposed the names and social security numbers of about 30,000 individuals.
July 24 -
Its origination volume of $621.8 million was an increase of $114 million compared with the first quarter but its gain-on-sale was 5 basis points lower.
July 24 -
The mortgage subsidiary of PlainsCapital Bank saw improvement in its bottom line but remained in the red amid ongoing affordability constraints.
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