Risk mitigation and compliance service provider Interthinx allied itself with a mortgage document preparation provider, Document Express, providing lenders with loan closing packages quickly without sacrificing compliance. “With the torrent of new laws and increased enforcement by both regulators and investors, many lenders will not be able to keep up without outside support,” said Interthinx president Kevin Coop in a media statement Thursday. The integration allows Document Express’ clients to verify loans against high-cost thresholds through a comprehensive report of federal, state, local and government-sponsored entity testing standards, ensuring the compliance of a loan at all levels. The partnership streamlines closing operations and cuts down on leeway for error associated with using an outside regulatory compliance service provider. Write to Diana Golobay.
Lenders Gain Compliance at the Closing Table
Most Popular Articles
Latest Articles
Did lower mortgage rates slow housing inventory growth?
After two weeks of significant increases, my model for inventory growth with higher mortgage rates came crashing down last week.
-
Labor market report is good news for mortgage rates
-
Virginia Realtors: Zillow’s touring agreement may not be legal
-
Low inventory creates challenging conditions in North Carolina’s housing market
-
Tri-state area housing shortage could cost the region economically
-
Remote reverse mortgage counseling now permanently permitted in Massachusetts