Cetip, a private asset clearinghouse based in Brazil, will partner with technology provider FNC. Through the partnership, Oxford, Mississippi-based FNC, Inc. will apply its technology solutions to the Brazilian mortgage industry.
Read More »Merchants Bank Integrates DocMagic Origination, Compliance Solutions
Document and compliance software developer DocMagic, Inc., announced it has successfully customized and integrated its loan origination and package compliance solutions for the benefit of the more than 200 correspondent bank customers of Winona, Minnesota's Merchants Bank.
Read More »Mortgage Marvel Stands Behind Fee Quotes with $2,500 Guarantee
Mortgage Marvel, a mortgage-shopping website with headquarters in Mequon, Wisconsin, recently announced a new guarantee for borrowers seeking closing fee quotes. If Mortgage Marvel quotes closing fees that exceed actual the actual fee by more than $50, the company will pay the consumer up to $2,500.
Read More »U.S. Central Bridge Closed
The National Credit Union Administration (NCUA) announced the closing of U.S. Central Bridge Corporate Federal Credit Union (U.S. Central Bridge). The closing comes after three years of efforts to stabilize the corporate credit union sector, the agency stated in a release.
Read More »Ernst’s CEO Speaks Out on Borrower-Related Solutions
The president and CEO of Ernst Publishing Company, a provider of closing cost data for the real estate and home finance industries, is weighing in on critical challenges--and potential solutions--in the current mortgage marketplace. Participating in The Changemaker, a new podcast series, Ernst's leader, Gregory E. Teal, shed light on initiatives and strategies that have the potential to positively impact the future of housing.
Read More »Hammerhouse Expands North Carolina Office, Adds to Staff
Hammerhouse LLC announced it has expanded its Eastern U.S. headquarters and brought on additional staff in order to meet the increased demands of its growing client base.
Read More »Zillow Mortgage Marketplace Now Available on iPad
Mortgage Marketplace is one of Zillow's app suite that features 15 realestate-related mobile apps across all major platforms. The app provides a transparent lending marketplace where borrowers can connect to reputable lenders to find personalized loan options and get a variety of competitive mortgage rates.
Read More »PenFed Foundation on Track to Help Record Number of Military Families
The Pentagon Federal Credit Union Foundation (PenFed Foundation) is on track to give away a record number of grants this year through its Dream Makers program.
Read More »Consumer Appetite for Online Mortgage Applications On the Rise
Mortgagebot has seen 800,000 online mortgage loan applications pass through its system year-to-date as of the end of September.
Read More »Ernst Publishing Introduces New Good Faith Estimate Calculator
Ernst Publishing Company, based in Albany, New York, has just released a new real estate closing cost data search engine called Smart Query II. Having provided closing cost data to the industry for 20 years, Ernst updated its offering to include additional data and provide information faster than before.
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