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Blue Sage Solutions launches digital servicing platform

Housing Wire

Software development company Blue Sage Solutions has launched a new servicing platform that merges loan origination and servicing functions using API-based technology. Founded in 2011, the company is headquartered in Englewood Cliffs, New Jersey.

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Supreme Court rejects challenge to CFPB funding structure

Housing Wire

Supreme Court on Thursday rejected a broad challenge to the funding mechanism of the Consumer Financial Protection Bureau (CFPB), which was brought by payday lending groups led by the Community Financial Services Association of America (CFSA). This is a developing story.

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SimpleNexus secures $108 million in Series B funding round

Housing Wire

The Utah-based software developer offers a private-label digital mortgage platform and mobile app designed to connect lenders with borrowers and real estate agents. In fact, prior to founding SimpleNexus in 2011, CEO Matt Hansen worked on the Simplifile development architecture team for nearly five years. billion.

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In wake of scandal, LOs say continuing education programs get failing grade?

Housing Wire

Tricky situations can arise in mortgage lending, especially when navigating less-common products or originating non-agency loans. We would welcome the opportunity to approve courses with a creative take on how they design and develop content.”. The hours spent on continued education should be useful.

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Reducing the racial wealth gap by expanding down payment assistance

Housing Wire

However, as the campaign transitions to the Biden-Harris administration, the incoming team needs to address significant operational and design challenges before such a tax credit is sufficiently ripe for consideration by a narrowly divided Congress. of the average home price.

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When borrowers ‘ghost’ their servicers

Housing Wire

Goldstone, who is president of Capital Markets & Lending at BSI Financial Services , estimates that between 20% to 25% of borrowers in BSI’s servicing portfolio have been non-communicative, he told HousingWire. Some are especially haunted by the Great Recession between 2008 and 2011. An army of door-knockers.

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Freddie Advice: How to Avoid Using “Bad” Words

Appraisal Today

More Objective Appraisals: A Practical Guide for Appraisers By Scott Reuter Single-Family Chief Appraisal Officer, Freddie Mac Excerpts: Changing the Mindset – Facts First What’s the number one thing appraisers should be doing when they develop an appraisal? Stick to the facts. Originally constructed in 1973, an 1100 ht.sq.ft.