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Sutherland and Vaultedge partner to develop innovative digitization & automation solutions for end to end mortgage lifecycle

Sutherland, a leading digital transformation technology and services company that drives experience-led transformation for global leaders across industries, has entered into a partnership with Vaultedge Software, an AI driven document automation...
United States Prnewswire Prweb Sutherland Sanat Mohanty Sutherland Michael Danlag Vaultedge Murali Tirupati Murali Tirupati

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QC, Down Payment Asst., AMC, LOS Products; Readers Weigh in on Wells Shutting Correspondent

Ever been to Noma in Denmark? Me neither, although I did some solo bicycling there, which is so much more reliable than flying domestically this morning with the FAA’s system shut down. Apparently I have only two years to go, as the “best restaurant in the world” surprisingly announced it is closing in the winter of 2024. Cynics would say that is a publicity stunt, proponents will tell you that it is time for a change and the numbers probably don’t make sense. (Speaki...
United States Freddie Mac Brett Parker Carla Herrera Simplenexu Lori Brewer Patrick Hennessy

MLO Jobs; Reverse Mortgage Product; Consumer Finance Protection Bureau on ARMS and HELOCs

My cat Myrtle (she/her/hers) doesn’t have a lot of financial savvy, and to the best of my knowledge has no 401(k). In another reminder not to put all of your net worth, or retirement money, in one place, Tesla has seen around $720B of shareholder value vaporize this year. Rivian truck stock, generally viewed as over-valued when it went public (sound familiar?), is down 89 percent. Rivian had a goal of manufacturing 50,000 electric pickup trucks this year, maybe hitting 25,000. Speaking of...
New York United States Freddie Mac Weiner Brodsky Kider Consumer Financial Protection Bureau America Reverse

POS, Lead Conversion Tools; Important FHFA, Freddie, Fannie ARM and LLPA Changes Coming Soon

What does someone look like when they started working in our business at age 15? Well, there’s always this interview last week with Robbie Chrisman (yes, RCIII) about how he started his mortgage podcast and the potential influx of youth versus the 60- to 70-somethings. Yes, the industry continues to evolve, and not always in good ways. Every lender out there is coming to grips with the upcoming conventional conforming loan-level pricing adjustments hitting cash out refis. (Fannie Mae, Fre...
United States National City Freddie Mac Aaron Miller Fannie Mae December Robbie Chrisman

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