Tag: Mortgage
Concord Mortgage Group Helps Baby Boomers Downsize Affordably with the HECM for Purchase Home Loan and ReverseVision Exchange (RVX)
SAN DIEGO, Calif., May 17, 2016 (SEND2PRESS NEWSWIRE) -- ReverseVision announced today that Concord Mortgage Group (Concord), a Westerville, Ohio-based full-service mortgage banker and division of NOIC, Inc. (NMLS# 121455), has chosen RV Exchange (RVX) as its reverse mortgage loan origination software (LOS). Concord offers home-equity conversion mortgages (HECM), commonly called reverse mortgages, to clients in eight states.
OpenClose and MCT Streamline the Loan Sale and Purchase Advice Process for Secondary Marketing Departments
NEW YORK, N.Y., May 16, 2016 (SEND2PRESS NEWSWIRE) -- MBA National Secondary Market Conference & Expo -- OpenClose(R) an enterprise-class, multi-channel loan origination system (LOS) provider, announced that in conjunction with Mortgage Capital Trading, Inc. (MCT) it has developed a solution that normalizes and extracts a lender's committed loan sale and purchase advice data to be uploaded directly into OpenClose's LenderAssist(TM) LOS, thus eliminating significant manual intervention. Depending on the number of loans that have been executed, time savings can be reduced from days to minutes.
