MBA’s President and CEO Bob Broeksmit, CMB, released the following statement on the full House of Representatives’ final passage of H.R. 1, the Republican-led tax and spending package:
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Financial Industry Computer Systems, Inc. (FICS®) and Wescom Resources, a wholly owned credit union service organization (CUSO) of Wescom Financial, announced a new business partnership establishing Wescom Resources as the preferred nationwide hosting partner for FICS’ full suite of industry-leading mortgage software solutions.
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Cotality, a property information, analytics, and data-enabled solutions provider, released its latest findings on the housing and mortgage markets. Amid the economic and political uncertainty, the housing market is benefiting from increased inventory and slower price growth, which could give potential homebuyers an advantage. However, buyers are still encountering high prices, which is deterring some from completing their purchase offers.
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Unison Mortgage Corporation, a Unison company, launched its Equity Sharing Home Loan in California. Unison’s Equity Sharing Home Loan delivers unmatched affordability for homeowners feeling the squeeze of today’s economic pressures.
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MBA’s President and CEO Bob Broeksmit, CMB, released the following statement on the full Senate’s passage of H.R. 1, the Republican-led tax and spending package:
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Dark Matter Technologies (Dark Matter®) has established an integration with Uniform Collateral Data Portal® (UCDP®), a single portal jointly maintained by Fannie Mae and Freddie Mac (the GSEs). This expansion positions Dark Matter as an early adopter of the technology needed to support the Uniform Appraisal Dataset (UAD) 3.6 and Forms Redesign initiative.
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Veros Real Estate Solutions (Veros®), a provider of real estate property valuation and risk management solutions, has expanded its VeroSELECT™ platform through the integration of Valligent’s virtual inspection, disaster inspection, and new evaluation services.
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The Community Home Lenders of America (CHLA) released its White Paper on Reform of LO Comp. The report chronicles the legislative history of LO Comp, identifies areas where it harms consumers – and calls on Congress to dial back the LO Comp statutory remedy to the practices it was designed to address – yield spread premiums between firms.
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Once viewed as a back-office function focused on cost containment, mortgage servicing is now a strategic lever for growth, borrower retention, and operational efficiency, according to STRATMOR Group Senior Partner Michael Grad in the advisory firm’s latest Insights Report.
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MISMO launched a new standard that works to restore trust in security instrument data and reduces the financial burden of onerous verification requirements.
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