Continental Title honored by First American Title

National Mortgage Professional

Oct 03, 2007

Capital Direct teams with PriceMyLoanMortgagePress.comAutomated underwriting software Capital Direct Financial (CDF) has chosen PriceMyLoan to provide automated underwriting and loan pricing technology. "It's a simple fact that in order to be successful as a lender, you need to have an automated underwriting system (AUS) to compete," said John Armstrong, marketing manager for CDF. "An AUS allows us to improve accuracy and increase the speed of processing a loan. After conducting our research for an AUS, we saw that quite a few of the well established lenders that we knew were already using PriceMyLoan." CDF is a wholesale mortgage lender based in Rancho Santa Margarita, Calif. For more information, call (866) 635-7911 or visit www.cdfi-us.com. PriceMyLoan is an automated underwriting and loan pricing system designed by Insight Lending Solutions, based in Costa Mesa, Calif. For more information, call (888) 285-3912 or visit www.pricemyloan.com.

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Oct 03, 2007

Tech

Big Purple Dot 'Hires' ChatGPT

Company integrates AI-powered chatbot with its customer relationship management platform.

An AI-powered chatbot now has a job managing customer relations in the mortgage industry. Big Purple Dot (BPD), an Irvine, Calif.-based provider of customer relationship management (CRM) and recruiting solutions for the mortgage and real estate industries, said Thursday it ...

Regulation and Compliance

CFPB Issues Final Rule For Reporting Small Business Lending Data

The rule could affect mortgage originators who work with property investors.

The Consumer Financial Protection Bureau (CFPB) said Thursday it has issued a final rule required by Congress to increase transparency in small business lending, promote economic development, and combat unlawful discrimination. While residential mortgage lenders were alrea...