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HUD translates 19 mortgage documents into five languages to broaden accessibility

Housing Wire

Department of Housing and Urban Development (HUD) on Wednesday announced that it has released five new language translations for 19 separate single-family mortgage documents used for Federal Housing Administration (FHA)-insured mortgage servicing. A full list of the newly translated documents is available on HUD’s website.

Mortgage 448
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HUD seeks public comment on updates to reverse mortgage documents

Housing Wire

Department of Housing and Urban Development (HUD)’s Office of Policy Development and Research is seeking public comment related to application and origination documents for the Federal Housing Administration (FHA)-backed Home Equity Conversion Mortgage (HECM) program, according to a notice published this week in the Federal Register.

Mortgage 448
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CoreLogic adds assets, liabilities to its income analysis tool

Housing Wire

Mortgage technology solutions provider CoreLogic on Tuesday announced that its AutomatIQ Borrower tool is expanding to include asset and liabilities analysis capabilities. The company aims to make the product a “one-stop analysis solution for mortgage lending financial institutions,“ it said in its announcements.

Tools 438
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Proof, Qualia introduce security features designed to combat fraud

Housing Wire

“Our new tool is a big step forward in helping companies address the massive fraud problem without compromising the customer experience.” The RON company said Identify users can incorporate a QR code or send customers to Proof by inserting a unique hyperlink into an existing customer workflow.

Design 448
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Floify’s new platform aims to provide flexible pricing for mortgage lenders

Housing Wire

Configured to give independent mortgage banks, federally insured banks and credit unions the needed tools at an accessible price point, Floify Lender Edition aims to increase lender profitability through its automated processes and efficiency tools, the company said.

Mortgage 448
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Fannie Mae adds web-based income calculator for mortgage originators

Housing Wire

Fannie Mae announced on Wednesday the availability of a new web-based option for its income calculator tool, which is designed to “help mortgage professionals serve the growing number of mortgage applicants in the U.S. The new option for the tool is available at no additional cost and can be accessed via the company’s website.

Mortgage 468
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RealReports partners with San Francisco Realtors to provide AI-based property intelligence

Housing Wire

RealReports , a proptech firm that offers an artificial intelligence-based platform for property data , announced a new partnership this week with the San Francisco Association of Realtors (SFAR) to provide access to its tool to an estimated 5,000 members in the Bay Area.

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