MortgageHub introduces construction lending services division

National Mortgage Professional

Nov 06, 2007

IndyMac sponsors NeighborWorks Center for Foreclosure SolutionsMortgagePress.comGovernment foreclosure prevention IndyMac Bank FSB has agreed to sponsor the NeighborWorks Center for Foreclosure Solutions. Run by NeighborWorks America, the center focuses on outreach to homeowners who are in financial distress, with special attention to low- and moderate-income borrowers. The outreach program consists of a combination of national awareness, advertising and telephonic and online credit counseling, as well as face-to-face counseling for those needing more direct intervention. IndyMac Bank FSB is a savings and loan, as well as an independent mortgage lender, based in Pasadena, Calif. For more information, call (800) 669-2300 or visit www.indymacbank.com. Washington, D.C.-based NeighborWorks America is a national nonprofit organization created by Congress to provide financial support, technical assistance and training for community-based revitalization efforts. For more information, call (202) 220-2300 or visit www.nw.org.

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Nov 06, 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...