Author Archives for KeyStone B2B
February 1, 2018 4:15 am
Published by KeyStone B2B
KeyStoneB2B has announced new flood zone determination services through its expansive network of providers. KeyStoneB2B simplifies loan origination for mortgage lenders by identifying the highest quality, most reliable ancillary products, including flood determination providers with advanced pricing capabilities. “According to the National Flood Insurance Program, even a few inches of water from a flood can result in tens of thousands of dollars in damage,” said James V. Luisi, Chief Information Officer and Chief Technology Officer for KeyStoneB2B. “That’s the reason mortgage lenders are often required to acquire life of loan flood protection to protect the note holder of the mortgage.... View Article
February 1, 2018 4:12 am
Published by KeyStone B2B
MOUNT LAUREL, N.J. – Jan. 30, 2018 – KeyStoneB2B, the fintech solution that delivers competitive advantages for financial services leaders, today announces new flood zone determination services through an expansive network of providers. KeyStoneB2B simplifies loan origination for mortgage lenders by identifying the highest quality, most reliable ancillary products, including flood determination providers with advanced pricing capabilities. “According to the National Flood Insurance Program, even a few inches of water from a flood can result in tens of thousands of dollars in damage,” said James V. Luisi, chief information officer and chief technology officer for KeyStoneB2B. “That’s the reason mortgage... View Article
November 29, 2017 12:12 pm
Published by KeyStone B2B
Mount Laurel, N.J. Nov. 27, 2017 – KeyStoneB2B, the fintech solution that delivers competitive advantages for financial services leaders, today announces a new set of verification products using industry leading providers of mortgage risk assessment and fraud prevention systems. KeyStoneB2B will simplify complex mortgage risk issues through unique fraud and data integrity analytics. “The verification solutions automate data validation steps in the lending process, increasing efficiencies, performance, and controls, while reducing approval and processing timeframes,” said James V. Luisi, chief information officer and chief technology officer for KeyStoneB2B. “With the new verification functions, the mortgage lenders integrated in KeyStoneB2B get... View Article
October 15, 2017 11:30 am
Published by KeyStone B2B
The housing market contributes approximately 18 percent of the U.S. GDP. With so much at stake, a recent Treasury report on the U.S. financial system is recommending extensive mortgage lending reforms. The U.S. Treasury Department states that regulatory requirements have significantly and unnecessarily tightened the credit box for new mortgage originations, denying many qualified Americans access to mortgages. In addition, regulations have significantly increased the cost of origination and servicing activities, which, when passed on to borrowers in the form of higher mortgage rates, have decreased the number of Americans that can qualify for mortgages.Hello HMDA Included in the mix... View Article
October 15, 2017 7:40 am
Published by KeyStone B2B
Premier mortgage banking resource shortens appraisal process through advanced order management WEST PALM BEACH, Fla., Aug. 16, 2017 – KeyStoneB2B, the fintech solution that delivers competitive advantages for financial services leaders, today announced a new product for residential appraisals and commercial valuations that will speed the mortgage lending process. KeyStoneB2B offers a network of prequalified appraisers or integrates the lenders’ preferred appraisal service providers or appraisal management company (AMC) into the system. The new appraisal product streamlines mortgage servicing to complete transactions faster and more efficiently. “The new appraisal product provides reports for all types of residential and commercial properties, including... View Article
July 21, 2017 2:18 pm
Published by KeyStone B2B
KeyStoneB2B Helps Accelerate Contract to Close With New Title Product KeyStoneB2B has announced a new title product that will facilitate the title order, title close, borrower and seller closing disclosure during the mortgage lending process. KeyStoneB2B offers a network of title companies that have been vetted according to lenders’ rules and guidelines. In addition, banks, credit unions and other mortgage lenders can integrate their current title companies into the KeyStoneB2B lending process automation to identify the appropriate financial services providers that can most efficiently support the loan to successful completion. “Since the typical mortgage loan process duration is 40 to... View Article
July 20, 2017 1:17 pm
Published by KeyStone B2B
KeyStoneB2B Introduces New Title Product to Accelerate Mortgage Contract to Close Period Lending process automation supports mortgage servicing from loan origination to completion WEST PALM BEACH, Fla., July 20, 2017 – KeyStoneB2B, the fintech solution that delivers competitive advantages for financial services leaders, today announced a new title product that will facilitate the title order, title close, borrower and seller closing disclosure during the mortgage lending process. KeyStoneB2B offers a network of title companies that have been vetted according to lenders’ rules and guidelines. In addition, banks, credit unions and other mortgage lenders can integrate their current title companies into... View Article
July 20, 2017 2:27 pm
Published by KeyStone B2B
Replacing Dodd-Frank with Financial CHOICE Act – for real? The Dodd-Frank Wall Street Reform and Consumer Protection Act was signed into law in 2010 as a response to the financial crisis of 2008. The statute caused dozens of regulatory agencies to update or create new regulations addressing the financial system in the United States. The result was hundreds of new rules governing financial markets that surpass any previous regulations. James V. Luisi, CTO/CIO of KeyStoneB2B says, “I believe it’s fair to say that legislation always has good intentions, yet the impact of unintended consequences is often unpredictable by industry experts.... View Article
June 27, 2017 1:52 pm
Published by KeyStone B2B
KeyStoneB2B Announces New Optimization Tools to Support Mortgage Lenders with Managing Costs and Processing Fees Fintech solution streamlines order management and communications with financial services providers WEST PALM BEACH, Fla., June 27, 2017 – KeyStoneB2B, the fintech solution that delivers competitive advantages for financial services leaders, today announced new optimization tools for mortgage lenders to manage transactions with financial services providers and borrowers. The just-released technology is a modern order management platform that supports lenders in interfacing with a multitude of financial services providers – from appraisal management companies and title providers to employment verification, flood determination and more. KeystoneB2B’s... View Article
June 27, 2017 2:03 pm
Published by KeyStone B2B
KeyStoneB2B Unveils New Fintech Solutions for Mortgage Lenders Fintech solution platform KeyStoneB2B has announced new optimization tools for mortgage lenders to manage transactions with financial services providers and borrowers. The technology is an order management platform that supports lenders in interfacing with a multitude of financial services providers, from appraisal management companies and title providers to employment verification, flood determination and more. Continue reading article
