Research firm ranks Wells Fargo Web site number one

Sep 07, 2006

Mortgage Builder offers MGIC mortgage insuranceMortgagePress.comPrivate mortgage insurance, MGIC, Mortgage Builder Mortgage Guaranty Insurance Corporation (MGIC) mortgage insurance is now available via Mortgage Builder Software Inc.'s loan origination system (LOS). When using Mortgage Builder's LOS, key data fields for the mortgage insurance request come from data in the LOS itself, and the mortgage insurance data points returned by MGIC in the response for insurance are automatically populated back into the LOS. In addition, the commitment certificate is attached to the loan as a PDF document to be assessed by the user when needed. Milwaukee-based Mortgage Guaranty Insurance Corporation is a private mortgage insurance provider. For more information, call (800) 424-6442 or visit www.mgic.com. Southfield, Mich.-based Mortgage Builder Software Inc. provides loan origination systems to mortgage bankers, brokers, credit unions and financial institutions. For more information, call (800) 850-8060 or visit www.mortgagebuilder.com.

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Sep 07, 2006

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...

Analysis and Data

Every Dollar A Fraudster Makes, A Financial Firm Loses $4.41

U.S. investment firms and credit lenders see a 9% annual increase in the financial impact of fraud.

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