Equifax Inc. has announced the availability of its Verification of Hazard Insurance (VOHI) for mortgage and home equity lenders, a turnkey process that verifies the status of homeowners' insurance on purchases, refinances and home equity loans and lines, reducing delays and processing costs while streamlining the loan origination process.
VOHI utilizes its unique data and a team of specialists to:Click to continue
Roostify has announced several enhancements for its platform, which is designed to accelerate and simplify the mortgage experience for all parties involved. The new features will help loan officers to ensure that realtors stay up-to-date over the course of each transaction. Roostify provides step-by-step guidance in the mortgage closing process, including loan application completion, qualification document submission, and tracking of the loan closing.Click to continue
Secure Settlements Inc. (SSI) has announced a new program enhancement in association with RFIB Group Ltd. and certain underwriters at Lloyd’s of London for Mortgage Settlement Insurance (MSI), an insurance policy that covers lenders utilizing SSI’s ClosingGuard service against losses arising at the closing table.Click to continue
AllRegs has launched a mortgage training package designed to address the state and federal training needs now facing depositories.
Clarifications in Reg G placed new emphasis on the education of registered mortgage loan officers as it relates to both federal and state laws. The guidance suggests that not only must training be ongoing; it must now match the specific origination activities of mortgage employees.Click to continue
Mortgage Returns announced an addition to its CRM called Prospect Manager, which provides mortgage originators with an end-to-end solution to manage prospective borrowers throughout the entire loan process. Click to continue
CEO and best-selling author Dan Milstein learned hard lessons working his way to the pinnacle of the sales profession. In his new book, Street Smart Selling, Milstein reaches out to help aspiring salespeople work their way up to join him at the top.Click to continue
Guaranteed Rate has announced that it has launched a new, enhanced version of Partner Xchange, its peer coaching site with exclusive content for real estate professionals. The free site is designed to help real estate professionals rapidly build their business by tapping into the insights and expertise of more than 50 of the nation’s top real estate agents who have combined for more than $7 billion in career sales.Click to continue
Comergence has announced that LenderLive Network Inc. has selected and deployed its REALM for Third-Party Originators. REALM for Third-Party Originators, a proprietary platform offered exclusively by Comergence, is the most comprehensive, up-to-date, Click to continue
Credit Plus has announced the introduction of FraudPlus, a powerful tool to help mortgage lenders verify applicant information, minimize risk, and comply with new regulations. FraudPlus makes it easy for lenders to quickly perform a thorough risk assessment on applicants and identify problems with applications.Click to continue
Kofax Limited has introduced Kofax Mortgage Agility, a solution designed to transform and simplify the mortgage application process. Mortgage Agility streamlines the critical initial steps in the mortgage lending process by enabling applicants to use any channel, including mobile devices, internet portals, email, fax and paper, to submit mortgage application information.Click to continue