MBA's vice chairman testifies on loan modifications

National Mortgage Professional

Apr 14, 2008

SearchMyLoan.com announces alliance with IconMortgagePress.comsearch and pricing platform, origination process SearchMyLoan.com (SML) has announced an alliance with Icon Residential Capital. The partnership enables Icon's loan products to be more easily identified and selected by originators through SML's search and pricing platform. The SML platform speeds the origination process and enables loan officers to offer a wider variety of loans to borrowers. "Our products are now obtainable through SML's platform, enabling loan originators to speed up their search and match our loan products to the needs of their customers," said Graham Fleming, president of Icon Residential Capital. "By providing additional loan products to the system, SearchMyLoan.com can more easily match even the most challenging loan requests to the borrower's specific requirements," 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. For more information, call (516) 767-9292 or visit www.searchmyloan.com. Newport Beach, Calif.-based Icon Residential Capital is a national residential mortgage lender and service provider. For more information, visit www.iconrescap.com.

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Apr 14, 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...