International Document Services Inc., Salt Lake City, Utah, expects state mandated high-cost audits to become a more time-consuming concern for mortgage lenders in 2010. State-specific high-cost regulations should be a source of concern for lenders, according to IDS president Curt Doman. The company is advising lenders to test their ability to provide evidence that meets and satisfies state-specific requirements.
As tech facilities push into lower income and rural housing markets, lenders navigate local growth without major impacts on home sales price trends.
Certainty Home Lending named two new executives, while Equity Prime Mortgage welcomed back a familiar face as chief risk officer.
Cyberattacks involving artificial intelligence were up 56% in the past year and added on average $1 million to businesses' data breach expenses.
The president has initiated a for-cause process to remove the Federal Reserve Board governor from office, something only one president has successfully done before. But that century-old precedent may not offer Trump much useful guidance in his quest.
Four new mortgage acquisitions show how companies in home finance are prioritizing advanced technology in what has turned into the year of consolidation.
On Aug. 14, over 30% of the loans sent to Fannie Mae and Freddie Mac from each company were scored using VantageScore 4.0.
