In the latest step in its "green" initiative, Credit Plus Inc., Salisbury, Md., will allow supporting documents for corrections of inaccuracies on credit files to be directly uploaded into its system. In the past, explained Greg Holmes, national director of sales and marketing, this had been more of a manual process, with the documentation faxed or e-mailed in. Now, Credit Plus operates more efficiently, with all the information on one screen. The green initiative started three or four years ago at Credit Plus with e-fax. In June 2008, customers started receiving a one-page invoice with a link to a secure website to review account details. This initiative alone, Credit Plus said, saves 30 reams of paper a month. Mr. Holmes, interviewed at the MBA convention in San Diego, said the company would be rolling out in the next year a new technology that will contribute to a paperless disclosure delivery environment.
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The office, which follows the state's criminalization of the white-collar fraud, will flag suspicious property filings and improve data-sharing across agencies.
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Fintech firm IntraFi's most recent quarterly survey of bank executives showed rising pessimism among bankers related to "instability in Washington," as well as growing concerns about technology-enabled fraud.
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M&A, complementary to widespread artificial intelligence implementation, is also high on the list of upcoming priorities for new Dark Matter CEO Vikas Rao.
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The NEXA CEO accused his rival of lashing out at his company despite its own alleged wrongdoing in poaching loan officers and diverting loans.
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Check out the initial reveal of the 28th edition of National Mortgage News' Top Producer survey, in a year where falling rates helped industry-wide volume.
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The government guarantor aims to distinguish delinquencies reported as a result of a Federal Housing Administration rule change from broader market trends.
April 24










