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How one mortgage fulfillment service increases efficiencies while minimizing risks

Housing Wire

HousingWire recently spoke with Brian Simon, president of Trelix Mortgage Fulfillment Services, about how Trelix helps its clients work more efficiently while still maintaining compliance and performing due diligence. HousingWire: What sets Trelix apart from other mortgage fulfillment services?

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Flueid integrates with Encompass to fuel loan originations

Housing Wire

Flueid , a leading technology company specializing in real estate transactions, announced on Thursday the integration of its patented Flueid Decision platform with Encompass by ICE Mortgage Technology. The report includes Flueid ‘Pro Tips’ that explain alerts and provide guidance on curative items for title.

Loans 353
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Stepping up the fight against fraud in mortgage lending

Housing Wire

Wherever there is commerce, there will be fraud, and the mortgage industry is no exception. In recent years, we have seen a significant uptick in fraudulent activity ranging from the high tech — intercepted wire transfers and electronic title phishing scams — to low-tech, such as applicants submitting falsified or doctored bank statements.

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Opinion: The title industry supports innovation while prioritizing protection

Housing Wire

Many companies are now using AI and machine learning to search traditional and non-traditional property data sources — reducing the time required for a manual title search. Some companies are also using AI to automatically route mortgage payoffs. Strides in technology have also made closings more accessible.

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Home equity lending opportunities remain despite decline in tappable equity

Housing Wire

Utilizing automated valuation models instead of full-blown appraisals or title searches in lieu of title policies makes loan production less expensive and more rapid,” according to the report. But concern is growing over the lower-credit lower-income product, the report notes.

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Payload partners with PDS to integrate SoftPro

Housing Wire

Payload, a fintech company focusing on automated payments with API architecture, on Tuesday announced a partnership with technology services provider Premier Data Services , to launch an integration with SoftPro, an escrow and closing software.

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Why lenders should be asking for a title check at loan application

Housing Wire

In December, HousingWire spoke to Flueid about the concept of instant title and why it is a misnomer for mortgage lenders. HousingWire: HousingWire recently spoke to Flueid about the concept of instant title and why it’s a misnomer for mortgage lenders.

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