Agencies announce pilot project to improve supervision of lenders

Nov 18, 2007

NSN Solutions' Velma integrates with Calyx PointMortgagePress.comMortgage marketing software Velma, NSN Solutions' virtual marketing assistant software, now offers Calyx Point integration, eliminating the need for manual data transfer. "We always had the ability to pull data out of [Calyx] Point, but our new system allows for a simple wizard-type download, which pulls all the critical data, including adjustable-rate mortgage expiration and loan anniversary data," said Dan Sullivan, vice president of marketing for Velma.com. Based in Boise, Idaho, NSN Solutions is a provider of marketing software solutions to the mortgage industry. For more information, call (208) 854-7905 or visit www.velma.com.

About the author

National Mortgage Professional

Link copied

Published

Nov 18, 2007

Regulation and Compliance

Some Question Lenders’ And Others’ Readiness To Use VantageScore 4.0

Following FHFA announcement Tuesday, doubts arise regarding potential changes that may be needed to move to VantageScore credit scoring

After Federal Housing Finance Agency (FHFA) Director William J. Pulte’s announcement yesterday that mortgage lenders who sell loans to Fannie Mae and Freddie Mac can, “effective immediately,” use VantageScore 4.0 credit scoring along with or in place of FICO scores in existi...

Industry News

HUD Freezes Foreclosures On FHA Mortgages In Texas Flood Zone

Kerr County homeowners among hardest hit in disaster that’s claimed more than 100 lives

In response to devastating floods that have ravaged Texas Hill Country since early July, the U.S. Department of Housing and Urban Development (HUD) has enacted a 90-day foreclosure moratorium on more than 900 Federal Housing Administration (FHA)-insured single-family mortgag...