Encomia, a Houston-based provider of electronic mortgage technology, and Mortgage Banking Services Direct, a management consulting company based in Horseshoe Bay, Texas, have announced a partnership aimed at offering lenders greater access to e-mortgage software and consulting services."This partnership brings value and scalability to both MBSD and Encomia's customers through technology that will help them be ahead of the curve in the mortgage industry," said David Lykken, founder and president of MBSD. "For competitive lenders, our partnership provides a system for evaluating the most effective online technology and utilizing it to maximum profitability." The companies can be found on the Web at http://www.encomia.com and http://www.mbsdgroup.com.
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The consumer price index ticked up last month, bolstering arguments about broad based inflation and raising the odds of a rate hike next month.
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The banking regulator is in early discussions with trade groups to build an organization for certifying tech providers that pass voluntary due diligence checks.
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The ex-worker who was terminated for unprofessional conduct has allegedly disparaged the brokerage and is refusing to return loan files and leads.
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A 10-state coalition is asking a federal court to put a halt to the OCC's rules which pre-empt laws on banks paying interest on mortgage escrow deposits.
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Southwest leaders cited Varun Krishna's technology and financial leadership as key factors behind his new appointment to its board of directors.
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A record percentage of homeowners renewing their insurance policy saw their fee decrease, up from 7.4% last year, according to Matic's mid-year trends report.
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