Mortgage Processing Automation

Mortgage Processing Automation

Streamline your mortgage loan origination, closing and servicing processes with a secure and fully digital mortgage experience for borrowers.
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Commonwealth Bank looks to toughen its lending policies

CBA is expected to launch a postcode blacklist where the maximum loan-to-value ratio without lenders' mortgage insurance (LMI) will be lowered from 80% to 70%. The amount of rental income and negative gearing that will be eligible for servicing will also be reduced. Bank of Mum and Dad mortgage
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KeyStoneB2B introduces verification products for mortgage lenders

“With DataVerify, the mortgage lenders integrated in KeyStoneB2B get quick access to 1040 and W-2 data from the IRS to gain greater visibility into the credit-worthiness of borrowers,” said James Luisi, Keystone B2B chief information officer and chief technical officer. “The result is faster, more confident
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Is 2017 the best year in housing markets? Or is the best yet to come?

It looks like 2017 is going down as the best year for housing markets in the last decade – at least so says Freddie Mac. According to the … big growth this year. According to Freddie Mac's report, improving construction starts and increasing home sales are just a few of the successful markers of 2017.
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Mortgage Loan Rate Movements Mixed, Applications Drop

The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decrease of 3.1% in the group's seasonally adjusted composite index for the week ending November 24. The results include an adjustment for the Thanksgiving holiday. During
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Bitcoin 'Ought to Be Outlawed,' Nobel Prize Winner Stiglitz Says

Nobel Prize-winning economist Joseph Stiglitz said “bitcoin is successful only because of its potential for circumvention, lack of oversight.” “So it seems to me it ought to be outlawed,” Stiglitz said Wednesday in a Bloomberg Television interview with Francine Lacqua and Tom Keene. “It doesn't serve any
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Trump Retweets Videos Critical of Muslims

GOD BLESS YOU TRUMP! GOD BLESS AMERICA! OCS @JaydaBF @realDonaldTrump pic.twitter.com/BiQfQkTra9. — Jayda Fransen (@JaydaBF) November 29, 2017. Trump has sought to ban immigrants from certain Muslim-majority nations. Before it's here, it's on the Bloomberg Terminal.
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Increased lending activity improves profitability of UAE banks

Dubai: Leading UAE banks have reported robust improvement in performance with overall profitability and return on equity (RoE) higher in the third quarter of 2017, according to an analysis of key performance metrics by global professional services firm Alvarez & Marsal (A & M). Almost all of the metrics
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Balance of Power: Kim Jong Un Gets the Upper Hand

U.S. President Donald Trump's options for stopping North Korea's nuclear ambitions are dwindling with each new missile test. Kim Jong Un declared his country's nuclear quest complete today after testing a new rocket that potentially puts the entire continental U.S. within striking distance. While Kim
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Goldman Warns Highest Valuations Since 1900 Mean Pain Is Coming

A prolonged bull market across stocks, bonds and credit has left a measure of average valuation at the highest since 1900, a condition that at some point is going to translate into pain for investors, according to Goldman Sachs Group Inc. “It has seldom been the case that equities, bonds and credit have
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When Doctors Ignore Drug Tests for Opioid Patients

Urine drug tests have become a moneymaker for doctors in the opioid epidemic. Positive results sometimes spur no action. Fred Schulte from Kaiser Health News. November 29, 2017, 1:00 AM PST. In April 2014, state and federal drug agents raided Jeffrey Campbell's medical clinic in Jeffersonville,
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Fundamentals of Dubai property in top shape

Dubai's real estate market continues to lead the region in defining trends that then percolate to nearby markets. Let's investigate these trends by
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Paytm Says On Track To Be World's Biggest Digital Bank

India-based Paytm Payments Bank not only wants to become the world's largest digital bank, but also to evolve into a financial services company providing a slew of services like wealth management and trading. In an interview with Bloomberg published Tuesday (Nov. 28), Paytm founder Vijay Shekhar
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Arby's owner buying Buffalo Wild Wings for $2.9 billion

Arby's owner buying Buffalo Wild Wings for $2.9 billion … Restaurant Brands International's early 2017 acquisition of Popeyes for $1.8 billion. “We are
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Neyer real estate patriarch, Tom Neyer Sr., dies at age 80

Tom Neyer, Sr., one of the patriarchs of the Neyer real estate empire that helped erect much of Cincinnati's skyline, passed away Sunday at the age of 80. Family members remembered him for his cheerful outlook on life and contagiously optimistic attitude. “He had a relentlessly positive outlook,'' said
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Mortgage Default

SunTrust has a career opportunity for a Mortgage Default in Foreclosure Specialist.
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Major Apple Vulnerability Lets Anyone Log Into Macs Running Its Latest Operating System

According to a post on Twitter by Lemi Orhan Ergin (and since confirmed by Fortune), Apple computers can be logged into using the “root” username
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AT&T and Time Warner Say Proposed Mega Merger Is 'Pro-Consumer'

AT&T and Time Warner argued on Tuesday that their proposed $85.4 billion merger was “pro-competitive” and “pro-consumer,” as they sought to
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Real estate execs bullish despite headwinds

ULI's annual Emerging Trends in Real Estate report, a joint effort with auditing firm PWC, is based on interviews and surveys from more than 1,600 real estate investors, fund managers, developers and others about their sentiments on investment and development prospects. “There are some challenges
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Bay Banks of Virginia names Vance Spilman to its Trust and Wealth Management subsidiary, VCB …

RICHMOND, Va., Nov. 28, 2017 /PRNewswire/ — Randal R. Greene, President and Chief Executive Officer of Bay Banks of Virginia, Inc. (OTCQB:
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