MiMutual Mortgage Deploys LendingQB’s LOS. With the los’ streamlined loan process, MiMutual’s turn time is two weeks faster than the industry average and the company has experienced improved underwriter productivity by 18 percent. The mobility of LendingQB’s technology empowers MiMutual’s originators to more quickly and efficiently deliver a superior experience to borrowers.
LBA Ware has announced that Wisconsin-based Inlanta Mortgage has completed integration between LBA Ware’s CompenSafe automated compensation calculation platform and LendingQB’s cloud-based loan origination solution (LOS). Through the integration, Inlanta is able to leverage real-time loan production data to automatically calculate compensation for each of its 100-plus Loan Originators.
COSTA MESA, Calif. /California Newswire/ — LendingQB, a seamless mortgage lending platform provider, announced that iServe Residential Lending, LLC, a retail mortgage banker, has reported a dramatic increase in employee productivity, slashed technology costs, and reduced costs per loan since implementing LendingQB. iServe selected LendingQB approximately a year ago because it eliminated.
Mortgage Rates Drop For The First Time In 4 Weeks After 4 weeks of rising costs, Naples mortgage rates finally recede. According to Freddie Mac’s weekly Primary Mortgage Market Survey , the average 30-year fixed rate mortgage rate dropped 7 basis points to 3.59% this week.
Application activity increases, led by uptick in refis Equity-rich properties rise as fewer go underwater Many displaced puerto ricans could be moved to U.S. mainland For Puerto Ricans looking to escape the hurricane’s aftermath, their American citizenship has made relocating to the U.S. mainland as simple as buying a plane ticket. But finding work in their.These U.S. communities are most vulnerable to sea level rise – In contrast with previous housing market crashes, values of properties chronically inundated due to sea level rise are unlikely to recover and will only continue to go further underwater..Purchase activity, which led the rebound in application activity early this year, continued to climb higher and is approaching cycle highs again. Overall there has been a clear shift in activity since rates started to fall late last year.Home equity alternative Point raises $122M in new funding · Number of Founders 64 average founded date jul 25, 2000 Percentage Acquired 4% Percentage of Public Organizations 1% Number of For-Profit Companies 5 Top Investor Types Venture Capital, Micro VC, Private Equity Firm, Accelerator, Angel Group Top Funding.
Wirecard is keen to get more payments and banking action in Brazil with the launch of transfers, bill payments, card usage and loans from October. all through one platform, regardless of the.
Software NEWS: — FormFree(R) today announced the release of NextGen, a new platform that builds on the company’s award-winning AccountChek(R) service. Unveiled from the main stage of Digital Mortgage 2018 in Las Vegas, NextGen increases the precision and ease with which lenders determine their borrowers’ ability to pay loans.
Affordability keeping some from listing their homes for sale This made many existing homeowners better off – though not enough to necessarily move up to costlier homes. And their decision to stay put has compounded the shortage of homes for sale. In the Dallas.
4.06% – 7.92% average historical returns for loan grades A through D originated from January 2008 through September 2017. Because the likelihood of a loan charging off increases over time, historical returns include only those loans that were issued 18 months or more before the last day of the most recently completed quarter.
Global Post Trade Management (GPTM) is a combination of Broadridge’s existing systems and products plus some new components. GPTM has already been adopted by “a major investment bank”, the vendor says.