Category: Banking and Finance
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Baltimore-based Reverse Mortgage Expert Receives Highest Professional Certification
freeNewsArticles Story Summary: Fidelis Mortgage, a veteran-owned reverse mortgage business, announced this week that Eric Rittmeyer, president Fidelis Mortgage, was one of the first in the nation to receive the designation of Certified Reverse Mortgage Professional (CRMP) created by the National Reverse Mortgage Lenders Association (NRMLA).
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International Document Services Builds New Interface with Del Mar DataTrac’s Software for Mortgage Lenders
freeNewsArticles Story Summary: International Document Services, a mortgage document preparation vendor, and Del Mar DataTrac, Inc., the leading provider of affordable mortgage lending automation solutions, and an industry pioneer in business intelligence, paperless lending, and loan process workflow tools, have rebuilt their partner interface to improve mortgage lenders’ experience with the idsDoc platform and the…
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Virtual Law Partners LLP Welcomes Denise Zack to its Commercial Lending Practice
freeNewsArticles Story Summary: Virtual Law Partners LLP is very pleased to announce that Denise Zack has joined the firm’s Commercial Lending practice. Ms. Zack joins VLP from the Virginia office of Cooley LLP, where she served as special counsel in the Credit Finance and Leasing Finance practice groups and represented both institutional lenders and company…
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Debit Transactions, Mobile Payments and Branch Item Capture to Drive 2011 Bank Technology Investments, says CONIX Systems, Inc.
freeNewsArticles Story Summary: After hunkering down throughout 2010 recovering from a sobering 2009, banks will resume technology investments in 2011, in part with an eye toward meeting new demands on their payments operations, according to CONIX Systems, Inc.
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New Research Into Investing Psychology Yields Odd Connection: What Do Stock Picks and Mullet Haircuts Have in Common?
freeNewsArticles Story Summary: Plenty it turns out, according to Drs. Richard Peterson and Frank Murtha, whose behavioral finance consulting firm, MarketPsych LLC, has been analyzing data on the investor personalities of thousands of professional and retail stock pickers.
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Supreme Lending Selects International Document Services for Mortgage Closing Documents
freeNewsArticles Story Summary: Supreme Lending, a full service mortgage banker, has selected International Document Services (IDS), a mortgage doc prep vendor, as its vendor of record for closing documents. As a full service mortgage banker with multi-state licenses, Supreme is able to provide customers with a wide variety of loan products, lower interest rates and…
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IDS President Advises Lenders to Adopt Model Privacy Form Prior to Year’s End to Retain Safe Harbor under Gramm-Leach-Bliley
freeNewsArticles Story Summary: Curt Doman, president of International Document Services, Inc. (IDS), a mortgage document preparation vendor, says lenders who have not adopted the Model Privacy Form are exposing themselves to unnecessary risk. Lenders are not required to adopt the Model Form and may, in fact, develop their own form to use.
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International Document Services Phases HVCC Out of Mortgage Doc Packages for 2011
freeNewsArticles Story Summary: International Document Services (IDS), a mortgage document preparation vendor, announced it has begun to phase out the Home Valuation Code of Conduct (HVCC) in response to an October 15 directive from Fannie Mae and Freddie Mac stating that the HVCC will no longer be the standard bearer for the protection of the…
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DMD President Rob Katz Tags 2010 ‘Year of Mortgage Origination,’ Says Point-of-Sale Key to Quality Control, Investor Confidence
freeNewsArticles Story Summary: Rob Katz, president of Del Mar DataTrac, Inc., an industry pioneer in business intelligence, paperless lending, and loan process workflow tools, says that the most important lesson learned by mortgage lenders in 2010 is that loan origination has become the focal point for quality control.
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Full-Service Mortgage Banker Adopts Paperless Processing and Underwriting, and Perfects Its Wholesale Channel with DataTrac Implementation
freeNewsArticles Story Summary: California-based full-service mortgage banker Pinnacle Capital Mortgage (Pinnacle) credits Del Mar DataTrac, Inc. (DMD), the leading provider of affordable end-to-end mortgage lending automation solutions, with enabling its adoption of paperless lending, streamlining its underwriting processes and strengthening its wholesale channel.