Stewart Mortgage Information, Houston, has introduced what it terms the first guaranteed, ready-to-fund home equity loan bundled services package.The guaranteed bundle, or HELP, allows lenders to provide more accurate cost estimates, SMI said. For one fixed price, HELP includes integrated mortgage origination and settlement services for home equity loans, such as a tri-merged credit report, upfront disclosures, a deed report, and closing documents. It provides immediate access to products needed to prequalify a home equity transaction and allows the process to be stopped before incurring the cost of a full HELP bundle, SMI said. "We are so confident in our service offering that we guarantee delivery within 15 days," said Don O'Neill, SMI's chief executive officer. HELP can be ordered through RealEC, an electronic exchange for mortgage originators, real estate professionals, and settlement services providers. Stewart Mortgage Information is a wholly owned subsidiary of Stewart Information Services Corp., which can be found online at http://www.stewart.com.
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A tour of the technology that banking has run on, dating back to Franklin's anti-counterfeit measures and the bank-note bulletin that preceded American Banker.
July 3 -
Issuances of new HECM-backed securities dropped off in June on both a monthly and yearly basis, according to a new report from New View Advisors.
July 2 -
The vote to approve the $12 per share deal, which rejected a hostile bid from UWM Holdings, came following several postponements of a special meeting.
July 2 -
A mortgage customer claims his data was compromised in a hack last year at a tax and accounting firm reportedly used by the wholesale giant.
July 2 -
The government-sponsored enterprise clamped down on project review requirements and certain factory-built home appraisals while loosening other guidelines.
July 2 -
The June jobs report is creating an overhang on economist forecasts for interest rates going forward, especially when combined with recent inflation data.
July 2









