Silver Hill dives into education: New commercial workshop, sponsor of Millionaire Originator Tour

National Mortgage Professional

Nov 18, 2007

Generation Mortgage releases jumbo reverse protection featureMortgagePress.comJumbo reverse mortgages Generation Mortgage Company has introduced its Generation Plus Estate Guard feature, which allows Generation Plus jumbo reverse mortgage borrowers to halt interest accrual on their homes, depending on real estate market conditions. "If a borrower's home value is significantly less than their loan balance, the lender will suspend the interest accruing on the loan," said Jeffrey M. Lewis, Generation Mortgage Company's chairman of the board. Generation Mortgage Company is a provider of reverse mortgage products and services based in Atlanta. For more information, call (866) 733-6090 or visit www.generationmortgage.com.

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Nov 18, 2007

Tech

Big Purple Dot 'Hires' ChatGPT

Company integrates AI-powered chatbot with its customer relationship management platform.

An AI-powered chatbot now has a job managing customer relations in the mortgage industry. Big Purple Dot (BPD), an Irvine, Calif.-based provider of customer relationship management (CRM) and recruiting solutions for the mortgage and real estate industries, said Thursday it ...

Regulation and Compliance

CFPB Issues Final Rule For Reporting Small Business Lending Data

The rule could affect mortgage originators who work with property investors.

The Consumer Financial Protection Bureau (CFPB) said Thursday it has issued a final rule required by Congress to increase transparency in small business lending, promote economic development, and combat unlawful discrimination. While residential mortgage lenders were alrea...