LenderLogix integrates with digital verification service

LenderLogix, a provider of white-label mortgage software, has integrated with AccountChek, a digital verification service for assets, income and employment, the companies announced on Tuesday. This integration merges AccountChek’s income verification system directly into the LenderLogix point-of-sal
Read MoreTreasury’s new housing plan includes redirected COVID-19 funds to boost affordable supply

The U.S. Department of the Treasury on Tuesday announced a series of new initiatives designed to increase the supply of affordable housing across the country. There are three core provisions of the plan. They include the reallocation of funds originally earmarked for relief from the economic impacts
Read MoreQ&A: Roam’s Raunaq Singh looks to capitalize on the potential of assumable mortgages

Housing affordability is at its lowest level in more than a decade, according to the National Association of Home Builders (NAHB), and there are few ways to circumvent the rising costs of housing. Mortgage assumption is a niche option that gained momentum in 2023. An assumable mortgage enables a qua
Read MoreThe month in reverse mortgage rates: March 2024

The federally insured reverse mortgage known as a Home Equity Conversion Mortgage (HECM) is unique, as are the rates that impact the HECM product. For this reason, I will provide a short monthly educational focus, followed by a summary of the HECM rate market. Keep in mind that almost all HECMs are
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