The commercial corner: Determining debt-service coverage

Nov 09, 2006

TSS Software Corporation launches Hosted Solutions productMortgagePress.comSettlement services software TSS Software Corporation has launched its Hosted Solutions service. The offering makes off-site, Web-based hosting available to users of TSS' suite of title, settlement and abstracting software products, including TitleExpress. "Hosted Solutions was created to meet a growing need of small to mid-sized title and settlement services firms," said TSS' vice president and chief technology officer, Richard Sochor. "Increasingly, our customers are finding a need to access applications and data, when not on-site. With Hosted Solutions, these professionals will be able to retrieve and work with important information anywhere they might find a Web connection." TSS Software Corporation, based in Annapolis, Md., is a provider of software and services for real estate title, settlement and abstracting companies. For more information, call (888) 268-0422 or visit www.iwanttss.com.

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Nov 09, 2006

Courts

LoanSnap Officially Loses Connecticut License

The AI mortgage startup formerly faced a cease and desist and a consent order from the State of Connecticut.

LoanSnap, Inc., an AI-powered mortgage startup, has had its license to operate revoked in Connecticut, according to a new Consent Order executed by the State's Banking Commissioner, Jorge Perez, on Oct. 2. The news follows LoanSnap's violation of a previous order, enacted in...

Analysis and Data

Mortgage Applications Fall After Rate-Jump

Refinance applications still 159% higher on an annual basis, reflecting last year's record lows

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