LENEXA, Kan. - (08/31/05) -- TruHome Solutions, a CUSO owned byMazuma CU, said it has implemented Mortgage Builder Software Inc.'loan origination system. The end-to-end private label solutionprovides prequalification through loan delivery, web developmentand integration and can be customized. Mortgage Builder supportsMicrosoft and UNIX platforms and is a provider of LINUX-based LOSsoftware.
The second-largest U.S. bank provided an update to investors about the consent order issued by the OCC in 2024, saying a resolution may include monetary penalties.
Fintech founder Randy Fernando launched his latest startup, an AI-focused software provider for banks called Maximum, with $30 million in seed funding.
The Treasury's financial crime prevention arm said the Swiss firm's U.S. brokerage wing largely ignored a 2018 consent order to clean up its anti-money-laundering processes, leading to the historic settlement announced early in August.
Mark Paoletta, the Consumer Financial Protection Bureau's chief legal officer, has taken over as the agency's acting director. Russell Vought's term ended Aug. 1.
The investment is expected to bring a 40% increase to Chase Home Lending's mortgage capacity, with the addition of 850 new advisors, the company said.
The neobank is the latest fintech to file a de novo trust bank charter application ahead of the GENIUS Act formally taking effect.
