Industry Briefs, Dec. 18, 2024
(Image courtesy of Markus Winkler via pexels.com)
Blue Sage Solutions Integrates Fannie Mae’s Income Calculator
Blue Sage Solutions, Englewood Cliffs, N.J., announced it’s the first loan origination system to fully integrate Fannie Mae’s Income Calculator.
The API-enabled integration streamlines income calculation for borrowers with income from self-employment or business ownership.
Lenders can rely on the accuracy of qualifying income returned by the Income Calculator, reducing the risk of future loan buybacks.
ICE Rolls Out New Integration
Intercontinental Exchange Inc., Atlanta, announced a new integration between Servicing Digital, its consumer engagement app, and its Validate property valuation tool.
The integration will provide servicers’ customers a current estimate of how much tappable equity they have in their homes.
ICE’s API can make it easier for homeowners to access their equity by providing the home valuation from Validate without a formal application. With Servicing Digital, servicers also can use configurable logic that will conditionally serve their customers with a tile in the app to alert them if they have useable equity within their home.
Vice Capital Markets Signs 50th Investor Partner to ViceEx
Vice Capital Markets, Novi, Mich., announced the addition of its 50th investor to its whole loan trading platform Vice Execution Portal, dubbed ViceEx.
With ViceEx, secondary market managers can leverage a full data integration with Vice Capital’s reporting tools, creating streamlined solutions for lenders’ secondary execution needs.
It can be tailored to each individual lender’s pipeline, and enables lenders to send and receive aggregator bulk bids, compare agency executions with customizable retained or co-issue servicing values, among other offerings.
Its 50-member bulk investor network includes Fannie Mae’s Servicing Marketplace and Freddie Mac’s Cash-Release XChange.
