Flagstar launches DocVelocity

National Mortgage Professional

Feb 25, 2008

Myers Park acquires Fidelity Capital Mortgage CompanyMortgagePress.comresidential mortgage lender, residential construction company Myers Park Mortgage is acquiring Fidelity Capital Mortgage Company, a subsidiary of Keystone Builders. "We have been looking at markets for expansion, and the Fidelity [Capital Mortgage Company acquisition] is one that we feel will pay immediate rewards," said Charles Myers, president and founder of Myers Park Mortgage. Charlotte, N.C.-based Myers Park Mortgage is a residential mortgage lender. For more information, call (888) 367-3902 or visit www.myersparkmortgage.com. Richmond-based Keystone Builders is a residential construction company. For more information, call (804) 354-8830 or visit www.keybuild.com.

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Feb 25, 2008

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...