Interthinx battles fraud with film and class

National Mortgage Professional

Feb 25, 2008

QuestSoft, Dynatek simplify compliance for lendersMortgagePress.comautomated compliance tool, Compliance EAGLE, Dynatek's MORvision QuestSoft announced their automated compliance tool, Compliance EAGLE, has been fully integrated, through an automated plug-in, with Dynatek's MORvision. Compliance EAGLE automates mortgage lending compliance requirements into a single end-to-end system. The solution's complete integration with MORvision reduces the potential risk of exposure by providing immediate testing of the loan application against thousands of federal, state, and local laws and regulations. Lenders using MORvision with the Compliance EAGLE plug-in can review loan files for any compliance errors and correct them prior to funding. Laguna Hills, Calif.-based QuestSoft is a compliance-software development firm. For more information, call (800) 575-4632 or visit www.questsoft.com. Livonia, Mich.-based Dynatek is an ISGN mid-market mortgage automation solutions company. For more information, call (800) 462-5545 or visit www.dynatek.com.

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Feb 25, 2008

Analysis and Data

Monthly Rental Costs Increase Putting Strain on Renters

Realtor.com reported Thursday that the median rent price hit $1,827 in April.

The relentless rise in the cost of rent continued in April with the 14th consecutive month of record setting prices. Realtor.com reported Thursday that the median rent price hit $1,827 in April, highlighting the affordability struggles reported by renters. “April data illu...

Industry News

Mortgage Industry Will Soon Be ARMed To The Teeth

ARM loans might be a saving grace to borrowers who recently purchased a home, but it comes with risks.

According to a new report by Redfin, the typical homebuyer could save an estimated $15,582 over five years, or roughly $260 per month, by taking out an adjustable-rate mortgage. That’s the largest savings in dollar volume for adjustable-rate mortgage (ARM) holders since at l...