Residential Briefs

MBA NewsLink Staff

October 14, 2016

 

PathSoftware Integrates with idsDoc
PathSoftware, a new cloud-based mortgage loan origination software from CalyxSoftware, announced that it integrated with idsDoc, the flagship produce from mortgage document preparation vendor International Document Services Inc.

Through this integration, idsDoc and PathSoftware developed an interface that streamlines the ordering process, data transfer and generation and fulfillment of loan estimates and closing disclosures.

LRES Releases White Paper Outlining on Servicers, HOA/COA Properties
LRES, Orange, Calif., issued a free white paper, 10 Key Questions (and Answers) about HOA/COA Super Liens. (http://info.lres.com/10-key-questions-and-answers-about-hoa/coa-super-liens).

The paper addresses common myths and clears confusion associated with rules that could threaten to damage servicers' lien positions specifically when working with homeowners associations and condo owners associations.

The paper addresses the following common questions: what is an HOA super lien?; are there different regulations governing HOAs vs. COAs?; can an HOA/COA foreclose in non-super lien states?; what impact does safe harbor have on HOA/COA super liens?; is there a difference in the way HOA/COA super liens and foreclosures are managed in judicial vs. non-judicial states?; do super-liens set a cap for servicers/lenders' maximum liability for HOAs/COAs?; who is responsible for paying HOA/COA dues for s short sale property?; what is an estoppel?; are there different rules for HOAs/COAs for reverse mortgages?; and who has responsibility for HOA's/COA's assessments at the bank servicing the loan?

Seroka Launches Digital Communications Division for Mortgage Industry
Seroka, Waukesha, Wis., launched a new division, Seroka Digital. The division will focus on serving the mortgage industry's in digital communications.

Seroka Digital will assist its clients with the effective use of new marketing tools as they increasingly target and engage with Millennials. Services offered include: Social media strategy, daily implementation and content creation; Contests and promotion development, creation and implementation; SEM and paid social media strategy; SEO; Website development; Mobile marketing; and Reporting.

ATTOM Data Solutions Partners with UtiliyScore
ATTOM Data Solutions, Irvine, Calif., announced a data licensing agreement making ATTOM Data Solutions the exclusive bulk data provider of UtilityScore data.

UtilityScore's nationwide data, now available in the ATTOM Data Warehouse, includes annual and monthly electric bills, natural gas bills and water/sewer bills, along with neighborhood-level utility costs.

Optimal Blue, Roostify Partner in Online Experience for Borrowers
Optimal Blue, Plano, Texas, announced a technology partnership with Roostify, San Francisco.

Optimal Blue's enterprise mortgage pricing service is now accessible to banks and mortgage originators that use Roostify's technology to deliver a streamlined home lending experience to their borrowers and partners. Roostify enables loan officers and borrowers to share and track information in the mortgage application and closing process through a secure interface.

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