Trinity Inspection Services Inc., Addison, Texas, has announced the launch of same-day turnaround services for new-construction inspections and draws following a period of pre-launch beta-testing with lenders.The company said its Same Day Disbursement Draw services for residential new-construction lenders will cut processing time to hours instead of days, improve loan processing efficiency and volume, and help builders stay on schedule. The system is based on Trinity's proprietary order-tracking technology. Trinity's Fee Panel of more than 2,300 inspectors provides service coverage in all 50 states. The company can be found on the Web at http://www.trinityinspection.com.
-
The massive mortgage business saw a first quarter profit mitigated by nearly $300 million in hedging losses.
2h ago -
The Consumer Financial Protection Bureau has seen excessive property-inspection charges, fees that loan mods should eliminate and improper line-item labels.
6h ago -
Michael Tannenbaum, whose experience in the financial services industry spans over 15 years, has a track record of helping companies scale and grow.
9h ago -
A majority of consumers earning more than $100,000 annually said they were concerned about their own ability to purchase a home, demonstrating how affordability issues are impacting those at many socioeconomic levels, the University of Michigan study found.
10h ago -
The nonbank's results add to other indications that the first quarter's "higher for longer" rate scenario had an upside for efficient servicing operations.
11h ago -
The latest rate increases contributed to a 1% drop in purchases from the previous week and 15% annually, according to the Mortgage Bankers Association.
April 24