Factom, Inc. is creating resilient software and systems that are secured through the power of innovative blockchain technology. They are working with the Department of Homeland Security to build new ways of securing records. Their new blockchain software systems are for recording, managing, and sharing records and are ready for the future, with safeguards to make sure sensitive information is appropriately shared, respecting privacy and safety.
It seems like everywhere you turn, there’s a news story about the power of the blockchain to help mortgage businesses transform digital assets. However, some of us in the industry are still perplexed and skeptical about the technology. How does it work? How do you separate the reality from the hype? MBA’s Annual Convention and Expo is a great place to connect with the experts to learn more.
Factom, a blockchain-as-a-service (BaaS) technology company, released a new suite of products designed to work with existing imaging or document management solutions to create a secure, transparent and unalterable record for final loan documents.
[Subscribers only] Multigenerational living, where two or more adult generations live under the same roof, is becoming a growing trend in the U.S. Currently about 19% of Americans now live in a multigenerational household, the highest level since 1950. That amounts to about 60.6 million adults in 2014, up from 57 million adults in 2012. And homebuilders have taken notice, designing houses specifically catered to this segment.
Would-be homeowners are inundated with picture-perfect examples of new and remodeled homes brimming with upgrades. But in the real world, homebuilders and investors must calculate the rate of return on these sometimes fleeting trends, weighing what buyers want with what they can actually afford. This feature looks at which features buyers of different age demographics consider the most important, and what that means for sellers.
We’ve found that the handling and posting of payments during bankruptcy has been a widespread issue in our testing environment. Specifically, there is increased risk exposure in pre-and post-petition payment application and treatment, both inside and outside of the bankruptcy plan. Servicers and sub-servicers have created manual workflow workarounds to address the issue, however, it does open the servicer up to more exposure to calculation errors.