Deutsche Bank to acquire MortgageIT Holdings

Aug 07, 2006

SOURCECORP introduces digital file transfer systemMortgagePress.comDigital file transfer system, SOURCECORP SOURCECORP has released Electronic Loan Exchange, a system able to securely transfer loan files between brokers, correspondents, servicers and investors via FASTRIEVE, the company's proprietary digital image repository. Utilizing a high-speed document identification engine, document types can be mapped from the buyer's checklist to the seller's checklist in real time. This module also employs an electronic loan review room, where loans can be reviewed for due diligence before acquisition or electronically transferred to the buyer. Dallas-based SOURCECORP is a provider of business process outsourcing solutions and consulting services. For more information, call (888) 339-4462 or visit www.sourcecorp.com.

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Aug 07, 2006

Analysis and Data

Home Sellers' Q1 Profit Margins Declined Quarterly, Annually

ATTOM reported decrease of 55.3% in the first quarter – the smallest level in more than two years.

ATTOM released its Q1 2024 U.S. Home Sales Report, revealing that profit margins for U.S. home sellers on median-priced single-family home and condo sales in the United States decreased to 55.3% in the first quarter – the smallest level in more than two years. The decline...

Regulation and Compliance

Mortgage Servicers Added To Junk-Fee Naughty List

New release from CFPB lays out areas of improvement, and concern, for mortgage servicers.

The Consumer Financial Protection Bureau (CFPB) today published new supervisory highlights describing the regulator's recent actions to combat junk fees charged by mortgage servicers, as well as other illegal practices. The CFPB has also announced that it is working to addre...