Kofax Launches Borrower-Facing Online Document Capture Tech

Kofax Launches Borrower-Facing Online Document Capture Tech

by KRISTIN BROUGHTON

Document imaging and data processing firm Kofax has launched new consumer-facing technology designed to make it easier for borrowers to submit their financial information for a mortgage application.
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E-recording Expands in Michigan, Tennessee, Carolinas

E-recording Expands in Michigan, Tennessee, Carolinas
The ability to electronically record documents recently expanded in several counties in Michigan, North Carolina, South Carolina and Tennessee, two e-recording service providers announced.

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FHFA Proposal Could Force Price Hikes for Mortgage Insurance

FHFA Proposal Could Force Price Hikes for Mortgage Insurance

by BRAD FINKELSTEIN AND BRIAN COLLINS

Lower rates of return would require insurers to charge higher premiums or stop covering loans to borrowers with lower credit scores. (You know, the ones the government wants to help?)
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Fitch: Housing Market Getting Ready to Grow

Fitch: Housing Market Getting Ready to Grow
HousingWire | July 22, 2014
In Fitch’s The Chalk Line report for Summer 2014, Fitch analysts write that the projected growth in housing will last throughout 2015 and lead to a much stronger year than 2014 is proving to be.

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The Enduring Success of the CFPB at Three

The Enduring Success of the CFPB at Three
Huffington Post | July 22, 2014
Three years ago today, the US Consumer Financial Protection Bureau opened its doors. It was a new government agency produced by the Dodd-Frank Act: part of Congress’ attempt to address the rampant misconduct by banks, mortgage lenders, ratings agencies and other financial institutions that brought on the 2008 financial crisis and started the Great Recession.

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Policy Preparedness: A CFPB Focus for Compliance Management

Policy Preparedness: A CFPB Focus for Compliance Management
Inside Arm | July 21, 2014
Larger participants in the debt industry need to prepare for CFPB supervision, and an essential part of that preparation will be to establish a formal compliance management system.

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Here’s What will Hold Back Housing for the Next Two Years

Here’s What will Hold Back Housing for the Next Two Years
The Wall Street Journal | July 22, 2014
Home-building rates will remain low over the next couple of years as the population expands slowly and it remains tough to get a mortgage, among other market challenges, according to a Monday research report by analysts at RBC Capital Markets.

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