Tag Archive — process improvement

July 21, 2017

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

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

Dodd-Frank is associated with more than five times as many new restrictions as any other law passed since January 2009, for a total of nearly 28,000 new restrictions.

June 27, 2017

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

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

June 10, 2017

KeyStoneB2B Makes a Splash at National Settlement Services Summit! We celebrated a spectacular launch of the KeyStoneB2B brand and fintech solution at the National Settlement Services Summit (NS3), June 7-9, 2017 in San Antonio, Texas. With 700 executives and professionals across the mortgage servicing industry at NS3, the KeyStoneB2B team met new friends and reconnected with colleagues. October Research had an agenda packed with educational sessions, insightful panel discussions and engaging networking events. It was clear that all attendees enjoyed catching up on industry trends and sharing laughs together. Engaging Exhibit Hall The NS3 Exhibit Hall was abuzz with activity... View Article

June 7, 2017

KeyStoneB2B Launches Lending Process Automation to Simplify and Manage Costs of Mortgage Servicing for Banks New fintech solution delivers competitive advantage to financial services providers WEST PALM BEACH, Fla., June 7, 2017 – KeyStoneB2B, the fintech solution that delivers competitive advantages for financial services leaders, today announced the launch of its full suite of lending process automation for ancillary product optimization. KeyStoneB2B’s primary focus is to support banks, credit unions, lenders and financial services providers in facilitating the entire lending process and quickly connecting them to their ancillary product suppliers. “Think of KeyStoneB2B as a communications, command, and control platform... View Article

May 27, 2017

If you’re like most financial industry leaders, you probably have more than a dozen financial services providers supporting mortgage lending and other business areas, including title, appraisal, credit, verification, flood determination, automated valuation models, and real estate owned products. On a daily basis, you and your teams have to reach out to multiple contacts for loan origination, processing, and approval. KeyStoneB2B was created to simplify the entire lending process and quickly connect you to your customers. Think of KeyStoneB2B as a communications, command, and control platform that gives you the power to optimize your ancillary product needs, involving mortgage banking,... View Article

The stand-alone vendor portal generally returns the order fulfillment to the user in the portal to manually use as part of their mortgage servicing

May 26, 2017

KeyStoneB2B supports financial services providers by empowering access and easy integration with lenders through advanced lending process automation.For each lender that’s part of our network, dozens of service providers will integrate KeyStoneB2B’s technology. Each lender typically has dozens of real estate financing specialists, title providers and appraisal management company (AMC) providers, as well as a minimum of two of each type of provider for products such as credit, VOE, VOI, VOD, SSA-89, flood determination, AVM, and REO services to support lending operations across their various channels. Onboarding many financial services providers simultaneously requires a great deal of coordination between providers... View Article