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AllRegs Releases Mortgage Policy Templates

AllRegs, an information provider for the mortgage industry, released its pre-written policy and procedure manual templates to help businesses align quality control practices in origination. The templates cover quality control policies from anti-predatory lending practices to identity theft plans. A one-time purchase delivers the templates as a customizable Microsoft Word document. Corporations can add logos, brands and their own policy and procedures, according to a corporate release. AllRegs is currently developing manuals and guidelines regarding broker approval and monitoring, consumer privacy and information security, quality control for conventional loans and loan operations. Write to Jon Prior.

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Home equity gains slowed in Q3. Are prices stabilizing? 

U.S. mortgage holders experienced a home equity increase in the third quarter of 2024 — up 2.5% year over year to a total of $17.5 trillion nationwide. But that was down from 8% growth in the second quarter, and negative equity also ramped up for the first time in two years, according to a CoreLogic report.

3d rendering of a row of luxury townhouses along a street

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