Two mortgage insurance companies have integrated with two loan origination systems, while a correspondent aggregator implemented an LOS. Meanwhile, data from a reverse mortgage LOS indicates significant growth in that market.
A new SmartAPI developed by MeridianLink has made Fannie Mae’s Day 1 Certainty available to LendingQB users, an Aug. 31 news release indicated. A new verifications dashboard enables users to manage individual orders and know when they are completed.
Ventana Home Mortgage LLC, a recently formed non-QM conduit aggregator, is utilizing OpenClose’s correspondent module, an announcement indicated. Ventana’s more than 100 lender-clients can electronically submit loans for swift review and acceptance.
Source: Mortgage Daily