Acopia Home Loans and Acopia Capital Group Publish Lending Libraries Using AllRegs
EAGAN, Minn., Sept. 5, 2013 /PRNewswire/ -- Acopia is proud to announce that AllRegs, the leading information provider for the mortgage industry, will publish its lending library of retail and wholesale/correspondent underwriting guides.
Acopia will now leverage the AllRegs technology platform and publishing expertise to manage and maintain its underwriting guides. Users will benefit from a variety of productivity tools, including an electronic Table of Contents tree with links to guidelines, a robust search engine that features a thesaurus with industry jargon and relative matching results. Internal Acopia staff and business partners will be able to access content through online the Lending Libraries, including:
- Product Descriptions and Matrices
- Credit Policy
- Business Partner Eligibility
- Representations and Warranties
- Directory and Contact Information
In addition, the Acopia Lending Libraries feature a Recent Updates section to identify changes to content, as well as Email Alerts to notify users of changes.
"Our proprietary AllRegs publishing system provides a robust resource for delivering content and searching mortgage guidelines," says Dan Thoms, Executive Vice President of AllRegs. "We at AllRegs are very excited to help Acopia provide their staff and business partners with a resource that will streamline their business processes and increase productivity,"
"Acopia is very excited to offer our Underwriting and Seller guides to staff and business partners using the AllRegs Lending Libraries," said Scott Dunn, Vice President of Compliance and Quality Assurance for Acopia. The breadth of information available and the ease of navigation will allow for immediate, up-to-date information and promote efficiencies across our business channels. As AllRegs is an industry leading information provider, the partnership with AllRegs was an easy decision to make."
For more information about AllRegs and its publishing services, visit www.allregs.com or contact AllRegs at (800) 848-4904, Monday through Friday, between the hours of 8:00 a.m. and 6:00 p.m. CT.
Acopia was founded in August 2007. Acopia operates under the banner of Acopia Home Loans for its retail division and Acopia Capital Group for its correspondent and wholesale division. While the vision of developing and growing a mortgage lending company amidst the market turmoil could have been viewed as a great risk, Acopia's successes to date have proven the timing near perfect.
Developing and maintaining a culture that generates respect, care and integrity for customers and employees is an Acopia trademark. Through knowledgeable employees, prudent underwriting and experienced decision makers, Acopia has quickly developed a great reputation in the mortgage industry.
"Our loan professionals are licensed through Federal and State licensing agencies with continuing education each year. This ensures our clients are dealing with professionals that are the most knowledgeable in the industry."
Acopia is always striving to improve not only its performance but that of its business partners as well.
First introduced in 1989, AllRegs is used by virtually all of the top 100 lenders as well as throughout numerous governmental agencies, including Fannie Mae, Freddie Mac, the FHLBs, FHA, VA, RHS, Ginnie Mae, and more. AllRegs is the exclusive electronic publisher of the Fannie Mae and Freddie Mac Single and Multi-Family Seller/Servicer Guides and The Federal Home Loan Banks' MPF Program Guidelines. Products include single and multifamily underwriting & insuring guidelines as well as federal compliance laws and regulations, state compliance laws and regulations with plain-language analyses, contract publishing services, policy manuals and a library of historical guidelines. The educational division, AllRegs Academy, offers virtual and live training, as well as designation and practical guides. The Professional Services Group develops custom guides, policy manuals and other documents on a contract basis. For more information, call (800) 848-4904 or go to www.allregs.com.
For more information, contact:
Krista Sabol, AllRegs
For more information, contact:
Shea DeForest, Acopia
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