| Uniwest Mortgage Prices Loans Quicker with Lender E-Source Products
TAMPA, Fla.--(BUSINESS WIRE)--Lender E-Source (Vista, Calif.), which provides loan guidelines and automated loan pricing to mortgage professionals, announced today at the Mortgage Bankers Association's National Technology in Mortgage Banking Conference & Expo that San Diego-based Uniwest Mortgage Corporation has successfully implemented its suite of loan guidelines and automated loan-pricing products. The implementation of Lender E-Source's products is expected to improve employees' productivity by saving the time needed to locate and price loan products. Uniwest Mortgage managers selected Lender E-Source's Loan Library, Electronic Loan Finder and Pricing Express, because the software offered a simple interface, responsive searches and a streamlined workflow. Pricing Express, used in conjunction with the Loan Library and Electronic Loan Finder, posts the fully adjusted price of loan products - with current rate and product information - from all the investors offered by Uniwest Mortgage.
IDX Gives ERA Top Service’s Winston Williams an Advantage in the ...
Eugene based IDX, Inc. today announced the addition of ERA Top Services Winston Williams to its suite of real estate based search applications online. Williams now uses the latest version of IDX Broker to display and completely integrate Multiple Listing Service (MLS) listings on his personal website. This allows him to retain leads generated from direct traffic, rather than losing out to the listing broker through the use of traditional framed MLS search tools. The IDX Broker application provides agents, brokers and other real estate professionals with the tools needed to create a competitive advantage in a growing real estate market.
The objective in developing a website with an integrated MLS data feed is to generate new leads at a low cost for the client.
Road Home question remains...
BATON ROUGE, La. (AP) - State mortgage lenders are hoping to preserve a key element of the beleaguered Road Home buyout and repair program for victims of the 2005 hurricanes. Two weeks ago, the federal department of Housing and Urban Development said the state program, which doles out federal money to help victims relocate or rebuild their homes, violated federal rules by mandating installment payments instead of lump sum allocations. HUD said installments require costly environmental and labor reviews that must take place with all federal rehabilitation programs. But lenders like the installment payout plan, fearing some homeowners might misuse a lump sum for something other than home repair. For the past two weeks, state and federal negotiators have been trying to work through a compromise.
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