Colorado industry appointments update - 6/13/2007

National Mortgage Professional

Jun 12, 2007

Associated Software and Harland Financial to deliver compliance docsMortgagePress.comMortgage compliance documents Associated Software Consultants Inc. (ASC) and Harland Financial Solutions Inc. (HFS) have announced that HFS' GreatDocs compliant documents are now integrated with ASC's PowerLender Loan Origination and Processing System. "We're pleased to be able to offer GreatDocs to PowerLender users," said ASC President Timothy Liston. "Compliant, off-the-shelf documents can considerably reduce the amount of effort required to customize rules-based systems, like PowerLender." ASC is a designer and marketer of loan automation and secondary marketing software for the banking industry based in Middleburg Heights, Ohio. For more information, call (440) 826-1010 or visit www.asconline.com. Atlanta-based HFS is a supplier of software and services to financial institutions. For more information, call (800) 815-5592 or visit www.harlandfinancialsolutions.com.

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Jun 12, 2007

Regulation and Compliance

MISMO Seeks Comment On Updated Industry Loan Application Dataset

Wants feedback on the latest version of its Life of Loan Process Model.

The Mortgage Industry Standards Maintenance Organization (MISMO) is seeking public comment on the latest version of its Life of Loan Process Model. The 30-day comment period will run through April 26, the organization said Monday. MISMO Life of Loan is an interactive busi...

Analysis and Data

Fannie Mae Transfers Credit Insurance Risk On $31.8B In Loans

CIRT 2023-2 and CIRT 2023-3 transferred a combined $926 million of mortgage credit risk to private insurers and reinsurers.

Fannie Mae said Monday it has executed two credit insurance risk transfer (CIRT) transactions with a combined value of $31.8 billion. As part of Fannie Mae’s effort to reduce taxpayer risk by increasing the role of private capital in the mortgage market, CIRT 2023-2 and CIR...