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Equifax to cut underwriting time with IRIS Software Group 

Housing Wire

When a consumer applies for a home mortgage , auto loan or social service benefits, their employer is required to provide employment and income history. IRIS Software Group, one of the UK’s largest, privately held software companies, provides software solutions and services for finance, HR and payroll teams and accountancy firms.

HR 431
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House passes bill to modernize VA appraisals

Housing Wire

Department of Veterans Affairs mortgage loans. With the passage of HR 7735, known as the “Improving access to the VA home loan benefit Act of 2022,” the VA is now permitting desktop appraisals and in some circumstances, waiving appraisals altogether.

HR 496
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Are these factors creating chaos in your mortgage lending ops?

Housing Wire

Few other industries must deal with the level of complexity of home finance. For example, a loan processor may use a modern LOS to order a flood certification, title report, AUS decision or data verifications, but once the order has been placed, what if the data doesn’t arrive? Challenge 3: The industry brain drain.

Lending 299
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5 Helpful Banking Tips You May Want to Try

RIS Media

The world of finances can feel overwhelming and sometimes even mysterious. Beyond the basics of savings and retirement funds, simple banking habits can have a surprising impact on your finances. Some banks offer special perks to their patrons when financing loans for a home, cars and other items. Split Your Paycheck .

Banks 76
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#297: Ask Paula – Should I Househack or Pay Off My Student Loans?

Afford Anything

George is torn between paying down his student loan debt (which he deferred) or buying a househack. I’m torn between paying down my student loan debt versus buying a househack. I have a total of $130,000 in federal student loans – $26,000 in my name, and $104,000 in my parents’ names. I don’t have any revolving debt.

Loans 67
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Despite headwinds, these mortgage companies are hiring

Housing Wire

Purchase-focused lenders that didn’t balloon in size to capture refinancing business during the boom, in particular, are looking to hire loan officers. WesBanco Bank , the second-largest bank headquartered in West Virginia, plans to hire at about a dozen loan originators in 20 major markets this year. He’s also bringing in brokers.

Mortgages 450
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#285: Ask Paula – How Can I Pay for Grad School?

Afford Anything

Hailey asks (at 20:12 minutes) : I purchased a duplex using a hard money loan back in March. (It It couldn’t be financed due to structural issues.) Gusto makes payroll, benefits, and HR easy for modern small businesses. Is it a bad idea to keep my savings for a downpayment in my Vanguard funds?