Zoot releases new version of business rules and logic developer

Jan 07, 2007

Ellie Mae creates new banker division, announces keynote conference speakerMortgagePress.comEllie Mae Encompass conference Ellie Mae has announced the addition of a banker division within the company. The new division will focus exclusively on Ellie Mae's sizable and growing base of banker and lender clients and partners. Additionally, Ellie Mae has announced that Doug Duncan, chief economist for the Mortgage Bankers Association, will be the keynote speaker at its first Encompass user conference, to be held at the Hilton San Francisco, Sunday-Tuesday, March 4-6. Dublin, Calif.-based Ellie Mae is a software and services provider for the mortgage industry. For more information, call (877) 355-4362 or visit www.elliemae.com.

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Jan 07, 2007

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.

Overall fraud increased at least 6% for 63% of financial firms within the past year, with digital channels accounting for half of the overall fraud losses, according to LexisNexis True Cost of Fraud Study: Financial Services and Lending Report — US and Canada Edition. U....