MARI adds appraiser/Realtor license verification to fraud database

Nov 01, 2007

Mortgage Builder Software teams with Brooks SystemsMortgagePress.comMortgage loan origination software Mortgage Builder Software Inc. has integrated Brooks Systems LLC's High Cost Loan Analysis software into its own loan origination system. "With this integration, we are eliminating double entry, reducing data-entry error and saving time," said Taylor Heal, director of sales and marketing for Brooks Systems LLC. "Links are also provided to the [pertinent] legislation, when the data/reports are returned, so lenders can review the specific state's guidelines that apply." Southfield, Mich.-based Mortgage Builder Software Inc. is a provider of loan origination software solutions. For more information, call (800) 850-8060 or visit www.mortgagebuilder.com. Brooks Systems LLC is a provider of mortgage compliance solutions to the residential finance industry, with offices in New London, Conn. and Norfolk, Va. For more information, call (866) 932-2252 or visit www.brookssystems.com.

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Nov 01, 2007

Analysis and Data

Mortgage Rates Surpass 7% For First Time This Year

Freddie Mac reported the 30-year fixed-rate mortgage averaged 7.10%.

Freddie Mac today released its Primary Mortgage Market Survey, revealing the 30-year fixed-rate mortgage (FRM) averaged 7.10%, breaching the 7% threshold for the first time this year. “The 30-year fixed-rate mortgage surpassed 7% for the first time this year, jumping from...

People On The Move

Dovenmuehle Mortgage Welcomes New Chief Data Officer

Aaron Belovsky to lead data governance at Illinois mortgage sub-servicer

A Lake Zurich, Illinois-based mortgage lender has a new leader working on data governance, engineering and machine learning strategies. Dovenmuehle Mortgage, Inc. welcomed Aaron Belovsky as Chief Data Officer (CDO) this week. Belovsky brings more than two decades of s...