Skip to main content

KeyStoneB2B Helps Accelerate Contract to Close With New Title Product

NationalMortgageProfessional.com
Jul 21, 2017
KeyStoneB2B has announced new flood zone determination services through its expansive network of providers

KeyStoneB2B has announced a new title product that will facilitate the title order, title close, borrower and seller closing disclosure during the mortgage lending process. KeyStoneB2B offers a network of title companies that have been vetted according to lenders’ rules and guidelines. In addition, banks, credit unions and other mortgage lenders can integrate their current title companies into the KeyStoneB2B lending process automation to identify the appropriate financial services providers that can most efficiently support the loan to successful completion.
 
“Since the typical mortgage loan process duration is 40 to 45 days, reducing the search time for the right title company that meets lenders’ guidelines is significant,” said James V. Luisi, Chief Information Officer and Chief Technology Officer for KeyStoneB2B. “When a bank or lending institution uses a title company that’s already integrated into our system, in many cases, the title company will pay a portion of the closing disclosure fees. Lenders will defray costs and elevate brand positioning by providing the savings back to borrowers or offer other benefits to customers.”

 
Angel Oak Mortgage Announces Initial Public Offering

Angel Oak Mortgage announced its initial public offering of 7,200,000 shares of its common stock at $19 per share.

Industry News
Jun 17, 2021
Mortgage Apps Rebound After Three Consecutive Weeks Of Declines

The Mortgage Bankers Association reported the first increase in mortgage applications after a three consecutive weeks on declines.

Industry News
Jun 17, 2021
CFPB New Rule Prevents Predatory Lending To Military Service Members

The CFPB stipulates its authority to examine supervised financial institutions for risk to active duty servicemembers and their dependents.

Industry News
Jun 16, 2021
Inventory Begins A Slow Recovery

Inventory grew 3.9% from April to May, according to Zillow's latest Market Report, after a year of steady decline.

Industry News
Jun 16, 2021
Mortgage Lenders Expect Profit Margins To Shrink

69% of lenders believe profit margins will decrease in the months ahead, while 19% believe profits will remain the same, and 11% believe profits will increase.

Industry News
Jun 14, 2021
Real Estate Industry Calls To End Eviction Moratorium On June 30, 2021

Expanding the moratorium will only increase levels of debt on renter households and impede the recovery of the housing sector.

Industry News
Jun 14, 2021