Stewart Mortgage Information, Houston, has entered the bundled services arena with the launch of its "Build Your Own Bundle" product.The platform makes it possible for lenders to order custom-built packages of the company's products and services using the RealEC electronic exchange. Specifically, lenders can bundle any number of the following services: full appraisal and automated valuation models; credit reports; flood zone determinations; disclosures and closing documents; title, disbursement, and recordation services; and post-closing services like loan review, investor delivery, assignments, lien releases, trailing document retrieval, and FHA/VA insuring and pool certification assistance. Stewart can be found on the Web at http://www.stewart.com.
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More depositories are getting involved in the securitized market and the competition is likely to add to expense management challenges of smaller balance loans.
3h ago -
Seller-impersonation attempts more than doubled in two years, with artificial intelligence providing fraudsters new tools to commit crimes, a report said.
4h ago -
Homebuyers who are preapproved have the best opportunity to take advantage of fall discounts, giving lenders an opportunity to roll out marketing around this.
5h ago -
Bank of America upped its forecast for non-qualified mortgage issuance, with investors, particularly insurers, buying these and other non-agency securities.
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NAF Insurance customers save $719 on average, Phil Miller, senior vice president of strategic partnerships at New American said.
September 14 -
Polling suggests that Democrats could retake control of the House and have a formidable shot at the Senate as well. If they win both chambers, oversight of bank regulation, crypto and Trump administration officials will be the name of the game.
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