Mortgage and Financial News From 2007-10-15 Page 8

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  • Goodbye subprime, hello FHA

    CNN Money - Borrowers with FHA-insured loans - which they get from private lenders as they would any other mortgage - pay a small premium to the FHA every month. The FHA, in turn, uses those premiums to cover the lender in the event of foreclosure and requires ...
    2007-10-15 02:33:00

  • Lenders called on to help homeowners avoid foreclosure

    Daily Record - COLUMBUS -- Gov. Ted Strickland is asking the state's top sub-prime mortgage lenders to sign a compact, pledging to provide the staff and other means to help at-risk borrowers avoid foreclosure. During a press conference in his Cabinet Room at the ...
    2007-10-15 12:10:00

  • Chavez, Payne to address mortgage lenders

    New Mexico Business Weekly - Mortgage shakeout [Albuquerque] Bush announces FHA changes to alleviate subprime fallout [Albuquerque] U.S. Treasurer to speak on financial literacy [Albuquerque] Albuquerque Mayor Martin Chavez and Ride Director Greg Payne will keynote the New ...
    2007-10-15 09:54:00

  • IBM Delivers New Offerings to Transform Lending Capabilities for the ...

    MSN MoneyCentral - IBM (NYSE: IBM) today announced that it will launch a new set of hosted multi-channel Point of Sale (POS) offerings that will enable lenders to better manage their interactions with mortgage brokers and consumers. The company also announced enhanced ...
    2007-10-15 04:53:00

  • Lenders Looking to Resemble Large Banking Counterparts

    Forbes - What: To reduce the negative effects from the subprime crisis, lenders such as mortgage companies, credit unions and commercial banks are looking to supplement their revenue by engaging in bank-like cross-selling activities and are offering their ...
    2007-10-15 02:54:00

  • Visionet Systems Launches Commercial Mortgage Technology Offering

    Forbes - ... of consulting, metrics-based technology solutions and business process outsourcing, Visionet Systems helps lenders identify and remove inefficient processes to improve profitability. Founded in 1995, the company's customers include mortgage lenders ...
    2007-10-15 07:16:00

  • ComplianceEase's New FHA Offering Helps Mortgage Lenders Rebuild Sales ...

    Forbes - ComplianceEase(R), a leading provider of compliance and risk management solutions for the financial services industry, announced today, at the Mortgage Bankers Association's 94th Annual Convention & Expo 2007, they expanded technology and services ...
    2007-10-15 06:33:00

  • Wolters Kluwer Financial Services Wins Mortgage Technology's 10X Award

    Forbes - As a strategic partner to mortgage lenders, Wolters Kluwer Financial Services supports more of a lender's transaction types across all of their business channels and throughout the credit creation lifecycle than any other compliance and technology ...
    2007-10-15 10:58:00

  • Abbott addresses mortgage companies

    MSN MoneyCentral - Mortgage lenders, loan servicers, and public officials must work cooperatively on behalf of Texas homeowners who are affected by the looming housing crisis," says Abbott. "Because of the housing industry's tremendous economic impact, resolving this ...
    2007-10-15 01:14:00

  • Encomia Offers eDisclosures and FREE eSign 1003 to Brokers and Lenders

    Forbes - Encomia, a provider of end-to-end eMortgage technology, announced today that it is offering eDisclosures, along with a free eSign 1003, designed to speed up the residential mortgage loan application process by enabling borrowers to review and sign ...
    2007-10-15 12:17:00

  • UPDATE 1-Lund says mortgage mkt recovery 'pretty far off'

    Reuters - ... MBS) from Fannie Mae, Freddie Mac (FRE.N: Quote , Profile , Research ) and Ginnie Mae hit record levels in August, at the height of the credit crisis, as U.S. residential lenders found they had no where else to go. Many major mortgage lenders are ...
    2007-10-15 03:44:00

  • Wave Unveils SmartSigning Room(TM), an Extension of eSign Transaction Management Suite at Mortgage Bankers Association ... (Business Wire via Yahoo! Finance)

    LEE, Mass. and BOSTON----MBA's 94th Annual Conference & Exposition - eSign Systems, a division of Wave Systems Corp. , today announced the availability of SmartSigning Room, an extension of the eSign Transaction Management Suite , a software solution that helps enable originators, lenders, document providers, third-party mortgage vendors and other users to create, sign, store, access and manage ...
    2007-10-15 08:33:00

  • IBM Delivers New Offerings to Transform Lending Capabilities for the Mortgage Industry (Marketwire via Yahoo! Finance)

    IBM today announced that it will launch a new set of hosted multi-channel Point of Sale offerings that will enable lenders to better manage their interactions with mortgage brokers and consumers.
    2007-10-15 05:00:00

  • Lenders called on to help homeowners avoid foreclosure (The Daily Record)

    COLUMBUS -- Gov. Ted Strickland is asking the state's top sub-prime mortgage lenders to sign a compact, pledging to provide the staff and other means to help at-risk borrowers avoid foreclosure.
    2007-10-15 01:03:59

  • Lenders First Choice and Guardian Mortgage Documents Offer Integrated Services (Business Wire via Yahoo! Finance)

    SIMI VALLEY, Calif. & LAKEWOOD, Colo.----Lenders First Choice , a national provider of mortgage closing solutions including title insurance and settlement services, has formed a strategic relationship with Guardian Mortgage Documents, a provider of document preparation, automated management workflow and fully customized outsource solutions to the national financial services industry.
    2007-10-15 06:00:00

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