In a move that could have broader implications for the housing finance industry, government-sponsored enterprise Fannie Mae has introduced Day 1 Certainty, a new initiative to provide its lender clients with freedom from representations and warranties on key aspects of [Read More]


First American Financial Corp., a nationwide provider of title insurance, settlement services and risk solutions, reports that it has reached an industry first: 100% coverage for U.S. property ownership data. Recent additions of new data assets make First American the [Read More]

Flatirons’ FCM Risk Management system will be fully integrated with Resitrader’s mortgage loan trading platform, enabling clients of both firms to sell their loans through Resitrader’s platform while, at the same time, hedging their positions instantly. Flatirons Capital Management (FCM) [Read More]

Exceleras, a provider of Web-based automated tools to manage and value real estate owned properties, has announced that DispoSolutions is now a core element of a new services and technology offering for nonprofit community organizations through a partnership with M2 Asset [Read More]

Altisource Portfolio Solutions SA, a provider of real estate, mortgage and technology services, says it is rebranding Altisource Origination Services to now be known as Trelix. According to Altisource, the Trelix brand represents a new opportunity to help lenders mitigate [Read More]

Mortgage Peer Network, sister company to Precision Risk Management Systems, a provider of mortgage business intelligence and pipeline risk management solutions, has joined forces with OpenClose, a multi-channel loan origination system (LOS) provider, to help lenders generate new business and [Read More]

Vantage Production and InSellerate have teamed up to introduce LoanCurve, a new software solution that combines the power of InSellerate’s consumer direct lead and pipeline management system with Vantage Production’s VIP loan presentation and marketing automation tools. “LoanCurve marks a [Read More]

Atlanta-based Equifax Inc., a global information solutions provider, has joined forces with FormFree, an automated asset verifications solution provider, to establish a new standard for verifications services, improving loan decisioning time in support of lenders and consumers. Specifically, the companies [Read More]

Synechron Inc., a global consulting and technology innovator in the financial services industry, and Paradatec, offering free-form document classification and data extraction, are teaming up to dramatically reduce costs and increase productivity for mortgage originators and servicers through more accurate [Read More]

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From The Orb

(This is part three of a three-part series.) BLOG VIEW: In the first part of this series, we described how the innovative tools now widely available in the mortgage industry can better enable mortgage loan officers (MLOs) to make immediate [Read More]

BLOG VIEW: It’s not your imagination. There are a lot more mortgage options available with little down than in the past. The part of the marketplace long dominated by Veterans Affairs and Federal Housing Administration (FHA) financing now has new [Read More]

PERSON OF THE WEEK: Jim Micali is chief operating officer for LERETA, a provider of tax reporting solutions and data to the mortgage servicing industry. MortgageOrb recently interviewed Micali to get his view on whether the recent increase in mortgage [Read More]

Even borrowers with “lower” credit scores, say 620 or 640, are likely to have less relative debt than just a few years ago.

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