LandAmerica acquires MSTD Inc.

Jul 09, 2006

Ellie Mae and ComplianceEase integrate free compliance check into EncompassMortgagePress.comEncompass, Ellie Mae, ComplianceEase Ellie Mae has partnered with ComplianceEase to offer free, automatic compliance audits to mortgage brokers using Ellie Mae's Encompass Mortgage Automation System. "Compliance is essential these days, so having a compliance check built into a loan origination system provides great benefits to mortgage brokers," said Jonathan Corr, Ellie Mae's chief strategy officer. "Thanks to this free, one-click service, Encompass users can instantly see whether any given loan meets industry regulations, thereby significantly minimizing the need for manual review." Ellie Mae is a provider of software and services to the mortgage industry based in Dublin, Calif. For more information, call (877) 355-4362 or visit www.elliemae.com. ComplianceEase, a division of LogicEase Solutions Inc., is a provider of business solutions to the financial services industry based in Burlingame, Calif. For more information, call (866) 212-3273 or visit www.complianceease.com.

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Jul 09, 2006

Analysis and Data

Mortgage Rates Surpass 7% For First Time This Year

Freddie Mac reported the 30-year fixed-rate mortgage averaged 7.10%.

Freddie Mac today released its Primary Mortgage Market Survey, revealing the 30-year fixed-rate mortgage (FRM) averaged 7.10%, breaching the 7% threshold for the first time this year. “The 30-year fixed-rate mortgage surpassed 7% for the first time this year, jumping from...

People On The Move

Dovenmuehle Mortgage Welcomes New Chief Data Officer

Aaron Belovsky to lead data governance at Illinois mortgage sub-servicer

A Lake Zurich, Illinois-based mortgage lender has a new leader working on data governance, engineering and machine learning strategies. Dovenmuehle Mortgage, Inc. welcomed Aaron Belovsky as Chief Data Officer (CDO) this week. Belovsky brings more than two decades of s...