J.D. Power reports stability in customer satisfaction with mortgage lenders

Jan 27, 2008

SearchMyLoan.com forms alliance with CICMortgagePress.comcredit reports, loan search and pricing engine SearchMyLoan.com (SML) has formed an alliance with CIC Mortgage Credit. As part of the alliance, SML will incorporate CIC Mortgage Credit Inc.'s database of credit reports and other related information into its loan search and pricing engine. "This alliance provides an expanded range of lending products to originators who want to simplify the way they search for loans and free up more time to seek out additional leads," said Salvatore Tomaselli, CEO of SearchMyLoan.com. Port Washington, N.Y.-based SearchMyLoan.com provides loan search and pricing services to Mortgage Brokers and bankers nationwide. For more information, call (516) 767-9292 or visit www.searchmyloan.com. Nashville-based CIC Mortgage Credit Inc. provides credit systems and reports to the global marketplace. For more information, call (800) 352-5882 or visit www.ciccredit.com.

About the author

National Mortgage Professional

Link copied

Published

Jan 27, 2008

Regulation and Compliance

Mortgage Servicers Added To Junk-Fee Naughty List

New release from CFPB lays out areas of improvement, and concern, for mortgage servicers.

The Consumer Financial Protection Bureau (CFPB) today published new supervisory highlights describing the regulator's recent actions to combat junk fees charged by mortgage servicers, as well as other illegal practices. The CFPB has also announced that it is working to addre...

Analysis and Data

Every Dollar A Fraudster Makes, A Financial Firm Loses $4.41

U.S. investment firms and credit lenders see a 9% annual increase in the financial impact of fraud.

Overall fraud increased at least 6% for 63% of financial firms within the past year, with digital channels accounting for half of the overall fraud losses, according to LexisNexis True Cost of Fraud Study: Financial Services and Lending Report — US and Canada Edition. U....