eVaults are a significant aspect of any end-to-end digital mortgage transformation. They make it possible for lenders to create and securely keep eNotes and speed up capital market transactions. eVaults also help borrowers have a better customer experience by streamlining contacts with other mortgage [...]
With the housing market in flux, originators are looking for profitable possibilities to help borrowers and their bottom lines. In light of the recent happenings in the housing market, there is no better time to educate and enlighten lenders and borrowers about reverse mortgage [...]
Fast-rising interest rates are fuelling today's mortgage market catastrophe. The rate hikes began in January and are still going on. The mortgage business is dealing with rapidly growing inflation, exacerbated by congested supply chains, the escalating war in Ukraine, and the linked, expanding sanctions, [...]
A loan modification alters the conditions of a lender's mortgage, making it more accessible to borrowers. For example, suppose eligible borrowers have trouble making their monthly mortgage payments or have fallen behind and face foreclosure. In that case, a loan modification may be the [...]
Mortgage lenders around the country are dealing with a turbulent housing market because of the Federal Reserve's recent rate hike, the ongoing crisis in Ukraine, and the ongoing economic recovery following the pandemic. Lenders are also preparing for expected margin compression in the next [...]
The Metaverse is an artificial digital world where users may interact with and mimic the actual world using virtual reality and augmented reality. In addition, virtual real estate is now a part of Metaverse's offers as it grows. Actual Real Estate is referred to [...]
Axylyum Charter, a firm intended at revolutionizing the troubled mortgage-backed asset field through innovation, is positioning its solution, AXY Wrap, as the parachute required to accompany the lending industry's future. The product serves as new protection for retail and wholesale lenders by removing the [...]
AB 1771, also referred to as the California Housing Speculation Act (the "Act"), seeks to tax the percentage of capital gain from the sale or exchange of residential properties within three years of the purchase of the property by an investor at a higher [...]
Lenders have always taken a "less is more" attitude to asset paperwork, which is understandable. However, obtaining, examining, and (often) re-requesting statements for all parties concerned can be tedious and time-consuming. Borrowers must supply lenders with all statement pages, including those purposely left blank [...]
As a mortgage lender, you are quite familiar with IRS Form 4506. The form, which was brought to prevent fraud, is needed from virtually every borrower to show that their tax returns from the last two years are original and properly filed. The IRS [...]
