Goldstar introduces commercial hard equity bridge loans

Mar 17, 2008

Byte Software releases ByteSyncMortgagePress.comloan origination software, LoanToolbox, loan information Byte Software has released ByteSync, which synchronizes data between its BytePro loan origination software and LoanToolbox. Using ByteSync, users can export loan information from BytePro to LoanToolbox, either creating new LoanToolbox contacts or merging data into existing LoanToolbox contacts. ByteSync automatically identifies existing LoanToolbox contacts that are possible matches with the borrower in BytePro. If a match is identified, ByteSync can update the existing contact instead of creating a duplicate contact. The interface eliminates the need to re-key information, freeing the mortgage professional to focus time and energies on bringing in new business. Byte Software, based in Kirkland, Wash., is a provider of mortgage software solutions for banks, brokers and credit unions. For more information, call (800) 695-1008 or visit www.bytesoftware.com. LoanToolbox, based in Westlake Village, Calif., provides training and marketing solutions to the mortgage industry. For more information, call (877) 684-8665 or visit www.loantoolbox.com.

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National Mortgage Professional

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Mar 17, 2008

Courts

LoanSnap Officially Loses Connecticut License

The AI mortgage startup formerly faced a cease and desist and a consent order from the State of Connecticut.

LoanSnap, Inc., an AI-powered mortgage startup, has had its license to operate revoked in Connecticut, according to a new Consent Order executed by the State's Banking Commissioner, Jorge Perez, on Oct. 2. The news follows LoanSnap's violation of a previous order, enacted in...

Analysis and Data

Mortgage Applications Fall After Rate-Jump

Refinance applications still 159% higher on an annual basis, reflecting last year's record lows

In the wake of a positive jobs report and subsequent rise in mortgage rates, more prospective borrowers held back this past week. Mortgage applications fell by 5.1% the week ending October 4, according to data from the Mortgage Bankers Association’s (MBA) Weekly Applicati...