Skip to main content

Axis Mortgage welcomes Denise Tragale as VP

National Mortgage Professional
Sep 16, 2008

Interthinx automated regulatory compliance solution provides unmatched protection MortgagePress.comInterthinx, compliance, prohibited fees, usury tests To provide the residential mortgage lending industry with an easier way to comply with consumer law fee and rate restrictions in all 50 states, Interthinx announces its new Prohibited Fees and Usury Tests within its PredProtect Regulatory Compliance Suite. The enhancements significantly reduce origination costs and buyback exposure with analysis that can be performed on virtually any loan type. Interthinx is a provider of risk mitigation and regulatory compliance tools for the mortgage industry. The new Prohibited Fees Test warns users when a fee found on either the GFE or HUD-1 exceeds state law fee limitations. The new Usury Test warns users when the interest rate or APR exceeds state law rate limitations. The updated PredProtect worksheet identifies violations and provides users a clear explanation about how to achieve compliance. "In the last year, we have made key advances to our PredProtect system, including the development of a new APR calculator and a new prepayment penalty test," said Roger Fendelman, Esq., vice president of compliance. "These advances, when taken together with our new Prohibited Fees and Usury Tests and existing high-cost loan testing, make our system a true one-stop automated regulatory compliance suite. The protections we offer are unparalleled, and the response has been overwhelming." For more information, visit www.interthinx.com.
Published
Sep 16, 2008
Williston Financial Group, Doma Strike Deal

WFG is set to acquire Doma’s title operations, including operation centers in the Northern and Central California.

May 24, 2023
Mat Ishbia Takes A Charge At NBA Playoff Game

UWM CEO and majority owner of the Phoenix Suns involved in scuffle with Denver center Nikola Jokic

May 08, 2023
The Pitfalls Of Cash-Out Refinancing In A Rising Interest Rate Environment

Second-lien home equity loans are a far better way to take out cash

May 02, 2023
NEW YORK: How To Conquer - Not Fear - The Empire State

Roadblocks are many but payoff is worth it

May 01, 2023
RCN Capital Opens LA Office

Expansion marks lender's continued success.

Apr 26, 2023
Trigger Lead Legislation Renews Debate Over Consumer Choice

Borrowers can protect themselves from unsolicited lenders, but they could be doing themselves a disfavor

Apr 20, 2023