Norcom to Leverage AllRegs' Lending Library – NMP Skip to main content

Norcom to Leverage AllRegs' Lending Library

Apr 26, 2013

Norcom Mortgage has announced that AllRegs will publish its lending library of mortgage underwriting guidelines. Norcom Mortgage will now leverage the AllRegs technology platform and publishing expertise to manage and maintain its retail and correspondent lending library of mortgage underwriting guidelines. Users will benefit from a variety of productivity tools, including an electronic Table of Contents tree with links to content, guidelines and forms. Content is also accessible through a robust search engine that features a thesaurus with industry jargon and relative matching results. Norcom Mortgage internal staff and business partners will be able to access mortgage underwriting guide content through the online Lending Library that includes the following topics: ►General Requirements ►Freddie Mac Loan Prospector ►Conforming Conventional Loans ►Appraisal Standards ►Specific Property Types – Eligible Products ►Government Loans ►New Construction In addition, the Norcom Lending Library features a Recent Updates section to identify changes to content, as well as Email Alerts to notify users of changes. "We at AllRegs are very excited to help Norcom Mortgage provide their staff and business partners with an innovative and robust resource that allows them to search the company's underwriting guide," said Dan Thoms, EVP of AllRegs. "Norcom Mortgage's lending library will help their staff and partners alike to streamline business processes and increase productivity." "We are all looking forward to AllRegs lending library of mortgage underwriting guidelines, and we are confident that it will allow internal staff, as well as our business partners, to be more efficient," said Philip DeFronzo, Owner of Norcom Mortgage. We are eager to jump start our new relationship with AllRegs and launch this new resource."
About the author
Published
Apr 26, 2013
MISMO Updates Business Glossary To Support AI, eMortgages

New definitions covering eHELOCs, remote online notarization, valuation modernization, and compliance initiatives aim to improve consistency

Underwriters Don’t Slow Down Loans. They Eliminate Uncertainty.

ndustry’s biggest bottleneck is not underwriting itself — it is the uncertainty that reaches underwriting too late in the process. When validation happens upstream, speed follows naturally.

MISMO Launches AI Governance Framework For Mortgage Lenders

New FRAME toolkit gives lenders, servicers, and technology providers a roadmap for managing AI risk while supporting innovation

CFPB Tells Lenders Immigration Status Can Factor Into ATR Analysis

CFPB frames immigration status as a potential ability-to-repay factor when future U.S.-based income is at risk

UAD 3.6 Deadline Nears; First American Earns Verification

First American's ACI Sky Workbench gains verification ahead of the Nov. 2 implementation date for the GSEs' updated appraisal reporting requirements

MISMO Introduces New Loan Boarding Standard

Wrapper Files support standardized data transfers between origination and servicing systems, with potential savings of $60 to $160 per loan