Impac Mortgage Publishes Lending Library Using AllRegs
EAGAN, Minn., March 28, 2013 /PRNewswire/ -- Impac Mortgage is proud to announce that AllRegs, the leading information provider for the mortgage industry, is publishing the library of program details for the Company's Correspondent Lending Division. Impac Mortgage's program details will now be available to mortgage lenders in both AllRegs Market Clarity and AllRegs Investor Library.
Impac Correspondent Lending will now leverage the AllRegs technology platform and publishing expertise to manage and maintain its library of correspondent mortgage program details. Users will benefit from a variety of productivity tools, including an electronic Table of Contents tree which links to the program details. Content is also accessible through a robust search engine that features a thesaurus with industry jargon and relative matching results.
Internal customers and business partners, through AllRegs products such as the Investor Library and AllRegs Market Clarity, will now be able to access details on a variety of programs, including:
- DU Refi Plus and LP Open Access (unlimited LTV)
- Fannie Mae & Freddie Mac (up to 10 financed properties and MI transfers)
- FHA,and VA (including 203Ks, Streamlines and IRRLs)
- Non-Agency Jumbo
"We at AllRegs are very excited to provide Impac Mortgage's staff and business partners with an innovative and robust resource to access their program details," says Dan Thoms, Executive Vice President of AllRegs. "Impac Mortgage's lending library will help their staff and partners alike to streamline business processes and increase productivity."
"We are proud to add AllRegs as a strategic partner. Their suite of services and technology provide our Clients immediate and simplified access to our Product guidelines and our Platform offerings," said Larry Maitlin, National Sales Director for Impac's Correspondent Lending Division.
For more information on how Impac Mortgage's Correspondent Lending division can help your business grow, please visit our website www.ImpacCorrespondent.com, call us at (888) 850-0259 or contact Larry Maitlin, National Sales Director, directly at Email.
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.
About Impac's Correspondent Lending Division
Impac's Correspondent unit purchases the comprehensive set of Conventional and Government loans in 48 states (including the District of Columbia), for sale through its affiliate to Ginnie Mae, Fannie Mae and Freddie Mac. With no prior servicing restrictions, funding timelines of 7 days and de minimus overlays to Agency guidelines, the Correspondent unit strives to provide best-in-class customer service.
Impac's strategy in building a correspondent platform focuses on community and regional banks as wells as credit unions and smaller select mortgage banking firms. Its focus is to purchase quality loans prudently underwritten from institutional partners who share similar core values and business practices.
Excel Mortgage Servicing, Inc., dba Impac Mortgage, is a wholly owned subsidiary of Integrated Real Estate Service Corp., which through its subsidiaries, offers a wide range of integrated consumer and business services within the mortgage and real estate marketplaces.
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
Larry Maitlin, Impac Mortgage
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