Recent FHA changes: What you need to know

Dec 09, 2007

Loan Score joins AUS with Desktop UnderwriterMortgagePress.comMortgage automated underwriting software Loan-Score Decisioning Systems LLC (LSDS) has integrated its automated underwriting system (AUS) with Fannie Mae's Desktop Underwriter. The integration enhances the ability of users of LSDS' AUS to underwrite conforming, Federal Housing Administration and other government loans, by adding embedded functionality that directly incorporates Desktop Underwriter findings into LSDS' pricing and automated underwriting decision. Irvine, Calif.-based LSDS is a provider of enterprise-class automated underwriting solutions for lending institutions. For more information, call (800) 617-0892 or visit www.loan-score.com.

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Dec 09, 2007

C-Suite Strategies

Kenny Phillips Succeeds Kevin DeLory As Chief Sales Officer At Equity Prime Mortgage

New CSO has ‘large shoes’ to fill, says EPM’s CEO; Phillips says new role will be an honor, but bittersweet

Atlanta-headquartered independent mortgage lender, Equity Prime Mortgage (EPM), has promoted Kenny Phillips to chief sales officer, filling a void left earlier this year by the passing of Kevin DeLory. "I couldn't be more confident in Kenny Phillips as he steps into the ...

Regulation and Compliance

Fed Holds Rates Steady As Economic Growth Stays Solid

Move comes amid continued pressure, frustration from President Trump

The Federal Reserve Board’s Federal Open Market Committee (FOMC) voted Wednesday to leave the target range for the federal funds rate unchanged at 4.25% to 4.50%, citing solid economic growth and a still-elevated inflation outlook. “Recent indicators suggest that economic...