The last time the Financial CHOICE Act was up before Congress, the bill went nowhere.
Optimal Blue, offering mortgage pricing and hedging software, has acquired mortgage compliance software firm Comergence Compliance, thus significantly expanding its offerings. Founded in 2008, Comergence provides an array of third-party originator, appraiser and social media risk management solutions that verify [Read More]
With the Trump administration in the White House and a Republican-controlled Congress, it could be argued that the time has never been so ripe for GSE reform to finally happen.
Lisa Binkley has joined National Credit-reporting System Inc. (NCS), a full-service consumer reporting agency specializing in third-party verification solutions and credit intelligence, as senior vice president of business development. Binkley, a recognized industry expert in third-party verifications, quality control and [Read More]
In an effort to outpace existing competitor offerings and capture additional business, hedge advisory firm Mortgage Capital Trading Inc. (MCT) has added a number of new features to its best execution service offering. The enhanced service is an extension of [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]
Black Knight Financial Services reports that its LoanSphere Empower and LoanSphere LendingSpace loan origination systems can now be directly integrated with the latest government-sponsored enterprise (GSE) technology solutions and data collection tools in support of the Uniform Closing Dataset (UCD). [Read More]
Freddie Mac will go live on the new platform first with its existing security later this year; then, starting in 2018, Fannie Mae will go live on the platform and both GSEs will begin using the new single security.