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DocuTech Completes First-Ever Electronic Transaction, For Online Home Loan Refinance.
IDAHO FALLS, Idaho, July 6 /PRNewswire/ -- Making history, DocuTech Corporation, a technology and compliance services company, completed its first-ever electronic, completely enforceable mortgage loan refinance from start to finish over the web. Joining forces with DocuTech to help complete this

Publication: PR Newswire

Southland home-loan refinance market shows signs of revival. (California)
Lower interest rates spur refi queries, lenders say For the last few weeks, phones have been ringing off the hook at Countrywide Credit Industries Inc. with inquiries from homebuyers who want to refinance their mortgages. It started about four months ago and became really active in the last 60

Publication: Los Angeles Business Journal

STUDENT LOAN REFINANCE RULES COULD CHANGE.(Business)(PERSONAL FINANCE)
Byline: MICHELLE SINGLETARY COLUMNIST In our financial lives, we've grown accustomed to refinancing debt. With rates so low these days, people are refinancing their homes probably more than they change the oil in their cars. Speaking of cars, you can refinance your automobile loan, too. Don't like

Publication: Seattle Post-Intelligencer (Seattle, WA)

iLumin Facilitates World's First Completely Paperless Online Home Refinance And Purchase.
Out With the Old and in With the New; Home Buying and Refinancing Made Easy With Digital Handshake OREM, Utah, June 29 /PRNewswire/ -- The first end-to-end online mortgage refinance was recorded today using iLumin Corporation's Digital Handshake(TM) technology, and the first-ever online home

Publication: PR Newswire

Lenders may modify home equity loans
Question: We have customers would like to take advantage of the lower interest rates on their home equity loan. Can we modify a home equity loan? Answer: A loan modification is a transaction where an existing note is modified, but the note is not cancelled. In a modification, a lender and a

Publication: Texas Banking

Home loan interest rate drop spurs spate of refinancing, first-time buyers still shy away. (Special Report: Real Estate)
The lowest interest rates in 20 years have caused an explosion in home refinance loans, but there has not been a big rush on home purchase loans, at least so far, Southland lenders report. The Federal Reserve Bank cut the discount rate, the interest rate the Fed charges banks, to 3.5 percent on

Publication: Los Angeles Business Journal


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