Entries by Progress In Lending

Home Sales Drop In Phoenix

Single-family home sales in the Phoenix, Arizona housing market fell 4.3 percent in the second quarter from the same time period one year ago, according to a new report by Ten-X, the nation’s leading online real estate transaction marketplace. The company’s Second Quarter 2017 Economic and Single-Family Housing Market Outlook Report for Phoenix found a strong […]

Progress In Lending
The Place For Thought Leaders And Visionaries

Integration Offers Intelligent Best Execution Capability For Fannie Mae Sellers

Mortgage Capital Trading, Inc. (MCT), a mortgage hedge advisory and secondary marketing software firm, has released a new online functionality that automates the process of product selection and delivery of loan commitments directly to Fannie Mae for MCT’s lender clients. The new solution, which was developed as part of MCT’s ongoing technology collaboration with Fannie […]

Progress In Lending
The Place For Thought Leaders And Visionaries

Distressed Sales Drop To 10-Year Low

ATTOM Data Solutions released its Q3 2017 U.S. Home Sales Report, which shows that distressed home sales — including bank-owned (REO) sales, third-party foreclosure auction sales, and short sales — accounted for 12.5 percent of all home sales in Q3 2017, down from 13.5 percent in the previous quarter and down from 14.1 percent in […]

Progress In Lending
The Place For Thought Leaders And Visionaries

Point Users Can Access Lender’s Section 184 Loans For Native Americans

Calyx Point users can now access products and pricing information for 1st Tribal Lending programs, regardless of whether they have registered to broker loans with 1st Tribal Lending. 1st Tribal Lending is a division of Mid America Mortgage, a multi-state, full-service mortgage lender. Featured Sponsors:     1st Tribal Lending, which is licensed in 40 […]

Progress In Lending
The Place For Thought Leaders And Visionaries

Seasoned Mortgage Professional Joins AmeriFirst Home Mortgage

AmeriFirst Home Mortgage, a division of AmeriFirst Financial Corp., announces that its premier mortgage lending team in the Southeast region of the U.S. has grown stronger with the addition of its new leader, Doug Long, a recognized mortgage industry veteran, who is serving as Southeast Divisional President. Featured Sponsors:     Charged with advancing AmeriFirst’s […]

Progress In Lending
The Place For Thought Leaders And Visionaries

PathSoftware Now Integrated With ComplianceAnalyzer From ComplianceEase

PathSoftware today announced that Path, its highly-configurable, multi-channel, cloud-based mortgage loan origination software (LOS), is now integrated with ComplianceAnalyzer with TRID Monitor from ComplianceEase, a provider of automated compliance solutions to the financial services industry. Featured Sponsors:     The seamless integration lets Path users automatically audit loans for regulatory compliance violations using ComplianceAnalyzer with […]

Progress In Lending
The Place For Thought Leaders And Visionaries

MRG Responds To Significant Growth By Hiring Industry Vet

Dallas-based MRG, a mortgage banking compliance organization, provides the mortgage industry a blend of compliance, unique and tailored document preparation, and technology, products, and services, is proud to announce the hiring of Chris Anderson. Anderson will be responsible for handling the increased demand for MRG’s products and services through new client acquisition and adding value […]

Progress In Lending
The Place For Thought Leaders And Visionaries

Blue Sage Launches Multi-Channel Digital Platform

Blue Sage Solutions, whose founders created the mortgage industry’s first browser-based, end-to-end loan origination system, has launched a new Digital Lending Platform that now serves retail and wholesale businesses channels in addition to its existing correspondent lending capabilities. Available immediately, retail and wholesale lenders will be able to sell, manufacture and close loans online while offering borrowers […]

Progress In Lending
The Place For Thought Leaders And Visionaries

Vendor Launches Next-Generation POS

Promontory MortgagePath, a new entrant in the mortgage technology and fulfillment solutions spaces, announced that PromonTech, the company’s technology arm, has released the next-generation of point of sale solutions (POS)—the Borrower Wallet. It is designed to help mortgage bankers level the playing field with the customer experience/digital mortgage solutions being offered by mega lenders. Featured […]

Progress In Lending
The Place For Thought Leaders And Visionaries

Make Sure That Your OCR Tech Works

Paradatec, Inc., a provider of advanced Optical Character Recognition (OCR) solutions for mortgage file processing, announced the availability of their One-Day Blind Test Challenge. Paradatec’s OCR library identifies nearly 500 unique document types in the typical mortgage file, along with extracting over 6,000 data fields from those documents. Combining this library with Paradatec’s sub-second OCR […]

Progress In Lending
The Place For Thought Leaders And Visionaries