Banking and Finance
Free News Articles Category: Banking and Finance Industry News Articles
DataTrac Mortgage Lending Platform Integration with Document Express Enables Seamless Delivery of Loan Closing Products and Services
freeNewsArticles Story Summary: SAN DIEGO, Calif. — Del Mar DataTrac, Inc., the leading provider of affordable end-to-end mortgage lending automation solutions, and an industry pioneer in business intelligence, document imaging and management, now offers a seamless integration developed by its document preparation partner Document Express enabling DataTrac users to order their initial disclosures, loan closing documents, and analysis without leaving the DataTrac screen….
Comergence Compliance Monitoring Hosts Red Flag Rules Webinar to Prepare Lenders, Brokers for June 1 Deadline for FTC Enforcement
freeNewsArticles Story Summary: ORANGE, Calif. — For mortgage professionals and lenders affected by the June 1 enforcement of regulations enacted to stem the spread of identity theft and reduce personal identity fraud, Comergence Compliance Monitoring, a leading provider of third-party originator (TPO) monitoring and due diligence solutions, is conducting a complimentary Red Flag Rules educational webinar on May 21, 2010 from 10 to 11 a.m. PDT….
Massachusetts Housing Finance Agency Selects Titan Lenders Corp For Mortgage Purchase Review Outsource Services
freeNewsArticles Story Summary: DENVER, Colo. — Mortgage fulfillment outsource services expert Titan Lenders Corp (TLC) has been chosen by the Massachusetts Housing Finance Agency (MassHousing) to provide outsourced mortgage purchase review services. MassHousing is an independent, quasi-public agency that provides financing for affordable housing in Massachusetts. TLC is a U.S.-based domestic mortgage fulfillment outsource operation that offers back office and warehouse line management operations….
DMD Exhibits DataTrac End-to-End Mortgage Lending Automation at Texas MBA 94th Annual Conference
freeNewsArticles Story Summary: SAN ANTONIO, Texas — Del Mar DataTrac, Inc. (DMD), the leading provider of affordable end-to-end mortgage lending automation solutions, and an industry pioneer in business intelligence, document imaging and management, and loan process workflow tools, is an exhibitor at the May 16-18 Texas MBA’s 94th Annual Conference in San Antonio (Booth 26). DMD experts will demonstrate and discuss specific loan production improvements for mortgage bankers seeking growth in a slow market….
Rebound Appears Sustainable, Worst Over for Housing, Federal Reserve Official Tells Georgia Business Brokers
freeNewsArticles Story Summary: ATLANTA, Ga. — The recent U.S. economy rebound is expected to continue and housing looks to be bottoming out, Federal Reserve Bank official Michael Chriszt will tell the Georgia Association of Business Brokers at a meeting Tuesday, May 25. Michael Chriszt, an assistant vice president with the Federal Reserve Bank of Atlanta’s research department, thinks the current economic rebound is sustainable because most sectors are up….
Del Mar DataTrac ExTrac Additions Support Seamless Data Extraction for Mortgage Bankers to Request Closing Funds and Pass Servicing Data
freeNewsArticles Story Summary: SAN DIEGO, Calif. — Del Mar DataTrac(R), Inc. (DMD), the leading provider of affordable end-to-end mortgage lending automation solutions, and an industry pioneer in business intelligence, document imaging and management, and loan process workflow tools, has added four new DataTrac ExTrac options. These ExTracs facilitate the extraction, quality control and exchange of mortgage loan data between mortgage bankers and warehouse lenders or servicing vendors….
Comergence Compliance Views HUD Memo on TPO Management as Good Starting Point for Development of Due Diligence Best Practices
freeNewsArticles Story Summary: ORANGE, Calif. — Greg Schroeder, president of Comergence Compliance Monitoring, a leading provider of third-party originator (TPO) monitoring and due diligence solutions, says he supports HUD’s move to eliminate FHA approvals for loan correspondents, thereby distancing itself from the risks inherent in the current management of this origination channel….
Business Cash Advances Fill a Financing Void for Many Small Businesses
freeNewsArticles Story Summary: CORAL SPRINGS, Fla. — With the outlook of traditional business credit markets remaining bleak, many small business owners are taking matters into their own hands, seeking out alternative means of finance, and this is proving to be a boon for the business cash advance industry according to BusinessCashAdvance….
Community Bank Mortgage Lenders Select Del Mar DataTrac End-to-End Lending Automation Solutions
freeNewsArticles Story Summary: SAN DIEGO, Calif. — Del Mar DataTrac(R), Inc. (DMD), the leading provider of affordable end-to-end mortgage lending automation solutions, and an industry pioneer in business intelligence, document imaging and management, and loan process workflow tools, added two community bank mortgage lenders to its client roster in March, 2010….
IDS and Primary Capital Mortgage Collaborate to Streamline Disclosures in Wake of RESPA Reform
freeNewsArticles Story Summary: SALT LAKE CITY, Utah — International Document Services (IDS) and Primary Capital Mortgage have teamed up to minimize the lender’s RESPA-related initial disclosures and closing document challenges. IDS is a mortgage document preparation vendor for closing documents, initial disclosures and reverse documents. Primary Capital Mortgage is an Atlanta based residential mortgage banking firm….