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titlegenius by Radian makes closing simple, transparent and less expensive

Housing Wire

According to Sawan Tivakaran, SVP, titlegenius Product Owner, “Homebuyers continue to cite the closing process as one of the most stressful events in their lives. Radian has developed titlegenius to help improve the closing process for homebuyers, sellers and lenders alike.

Closing 391
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The Closing Exchange provides a wide variety of signing solutions for lenders looking to deliver eClosings

Housing Wire

The Closing Exchange (TCX) partners with its clients to configure solutions to support their workflow at every stage of their digital evolution. TCX provides a perfect mix of technology and service, providing its clients with the choice of how to close a loan at every stage of its digital evolution. Alan Frelix, CEO.

Closing 369
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Remote online notarization is the proper path forward for digital closings

Housing Wire

One area in the mortgage and real estate industry that has been evolving for nearly two decades is digital closings. Much like efforts to achieve full self-driving vehicles, the road to achieve full digital closings has been bumpy. Prior to the pandemic, ALTA and MBA saw a need to develop model RON legislation. History of ‘e’.

Closing 468
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Open Mortgage has FHA direct endorsement authority terminated in Iowa

Housing Wire

Department of Housing and Urban Development (HUD) has terminated the Federal Housing Administration (FHA) direct endorsement approval for Open Mortgage in Iowa. “HUD Cases in the early stages may be transferred to other lenders with an FHA approval. Open Mortgage has continued to operate in the forward lending space.

FHA loan 475
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FDIC finds banks violated RESPA on mortgage brokerage payments

Housing Wire

In its March Supervisory Highlights, the FDIC stated that many institutions have developed policies and procedures to ensure sufficient mortgage broker services are provided in order to receive compensation , which was the first of a two-part test. Violations identified vary across different stages of the loan process.

Banks 447
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Modular homebuilding startup Veev on the verge of bankruptcy

Housing Wire

Veev , a promising modular homebuilding company that’s raised $600 million, could close after a plan for a capital raise failed, according to reporting out of Israel. There are talks about a “leading company” potentially acquiring California -based Veev, but the negotiations remain in the very early stages, according to Calcalist.

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Compass adds high-producing agent in Washington state

Housing Wire

At this stage, joining Compass, a company at the forefront of technology and agent support, makes sense for my business,” Bennett said in a statement. Last year, Compass launched a proprietary machine-learning tool that ”empowers agents to create compelling listing descriptions and develop effective marketing strategies.” 17 with $47.7

Agents 445