Xactus, FICO launch Score Mortgage Simulator

Xactus has become the first technology partner to introduce the FICO Score Mortgage Simulator, a new tool designed to help lenders and borrowers understand how credit decisions impact mortgage eligibility. The simulator, developed by FICO, is the only mortgage industry tool that uses FICO scores and
Read MoreFloify launches tool to streamline mortgage applications, support compliance

Floify has introduced Dynamic Apps, a new feature that allows mortgage lenders to customize loan applications based on loan type. The no-code tool aims to simplify the application process for borrowers while ensuring regulatory compliance and expediting approvals. “We see allowing lenders to collect
Read MoreTexas orders cut to title insurance premiums

A 10% reduction in title insurance premiums was recently ordered by the Texas Department of Insurance (TDI), with the regulator citing profit ratios that were deemed to be excessive. The mandate is set to go into effect July 1. Texas insurance commissioner Cassie Brown’s office laid out what led to
Read MoreWith lower costs and other value, rural areas are enticing for older homebuyers

Rural areas are often in need of different kinds of expertise that is easier to find in urban areas, but they can also provide more value for homebuyers and a sense of community that is difficult to replicate in other, more populated areas of the U.S. This is according to a syndicated article origin
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