Tag Archives: Service Providers

A survey released by the Federal Reserve shows slight easing of standards and strengthened demand for home loans.

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.

According to the CFPB, an examination of financial institutions found "instances of significant non-compliance with" regulatory statutes.

A Texas judge granted a motion to dismiss a case filed against Mortgage Electronic Registration Systems, Inc. (MERS), and its co-defendants over county recording clerk filing fees. The dismissal was MERS' second victory of the week in Texas. One day earlier, MERSCORP announced that the Supreme Court of Texas denied a borrower's petition for review.

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.

Fixed mortgage rates fell back slightly to start November as investors anxiously wait for signs of which direction the economy is headed.

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.

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.

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.

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.