Tag Archives: Processing

Lorraine Brown's legal drama continues as Michigan attorney general Bill Schuette announced the filing of a felony charge against the former DocX president. Brown is being charged with one count of conducting criminal enterprises (racketeering) for her alleged role in authorizing the fraudulent signing of mortgage documents filed in the state.

Level1Loans and IntraPrise Solutions, Inc., announced a new joint venture to provide cloud-based mortgage valuation and other financial modeling software to owners and managers of mortgage and mortgage-related assets.

Consumer sentiment regarding personal finances was down in November, indicating Americans foster a more negative perception about their own finances than they did last year, according to Bankrate's Financial Security Index. Bankrate measures financial security in five categories: debt, net worth, savings, job security, and overall financial situation. Net worth was the one category in which Americans seem to feel somewhat better than they did last year.

SharperLending LLC announced enhancements to its Appraisal Firewall platform with a new technical integration to American Reporting Company (ARC).

Colorado-based Capdominus, the largest Web-based capital markets platform for commercial real estate (CRE) finance, announced that the total volume of CRE financings on its platform has turned up sharply in the final months of the year.

British crooner Robbie Williams has put his stateside pad in Beverly Hills, California, on the market. According to RealEstalker, Williams listed the expansive estate, which comes with its own soccer field, for $3.6 million.

In Virginia, Navy Federal Credit Union (NFCU) is celebrating the final weeks of the year with record closing volume. Recently announcing that the organization's total mortgage loan closings for October hit $1 billion, NFCU reported that year-to-date, it has made more than $8.3 billion in mortgage-related funding available to consumers.

When calculating average monthly mortgage payments by state and the District of Columbia, Lending Tree found the nation's capital has the highest average monthly payment and highest share of income that goes toward a house payment.

After losing a previous bid earlier this year, UBS is making another attempt to shut down a lawsuit from the Federal Housing Finance Agency.

Radian Guaranty Inc. announced a complete integration with Mortgagebot to include Radian mortgage insurance in its loan origination system (LOS).