EAGAN, Minn., April 26, 2013 /PRNewswire/ — Norcom Mortgage is proud to announce that AllRegs, the leading information provider for the mortgage industry, will publish its lending library of mortgage underwriting guidelines.
Norcom Mortgage will now leverage the AllRegs technology platform and publishing expertise to manage and maintain its retail and correspondent lending library of mortgage underwriting guidelines. Users will benefit from a variety of productivity tools, including an electronic Table of Contents tree with links to content, guidelines and forms. Content is also accessible through a robust search engine that features a thesaurus with industry jargon and relative matching results.
Norcom Mortgage internal staff and business partners will be able to access mortgage underwriting guide content through the online Lending Library that includes the following topics:
- General Requirements
- Freddie Mac Loan Prospector
- Conforming Conventional Loans
- Appraisal Standards
- Specific Property Types – Eligible Products
- Government Loans
- New Construction
In addition, the Norcom Lending Library features a Recent Updates section to identify changes to content, as well as Email Alerts to notify users of changes.
"We at AllRegs are very excited to help Norcom Mortgage provide their staff and business partners with an innovative and robust resource that allows them to search the company's underwriting guide," says Dan Thoms, Executive Vice President of AllRegs. "Norcom Mortgage's lending library will help their staff and partners alike to streamline business processes and increase productivity."
"We are all looking forward to AllRegs lending library of mortgage underwriting guidelines, and we are confident that it will allow internal staff, as well as our business partners, to be more efficient," said Philip DeFronzo, Owner of Norcom Mortgage. We are eager to jump start our new relationship with AllRegs and launch this new resource."
For more information about Norcom Mortgage, visit www.norcommortgage.com or contact Norcom at (855) Norcom1, Monday through Friday, between the hours of 8:30 a.m. and 5 p.m. EST.
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 Norcom Mortgage
Norcom Mortgage was founded in 1990 on the idea that superior customer service separates one mortgage company from another. Norcom has been highly successful in writing mortgages for all kinds of homeowners – first-time buyers, experienced mortgage shoppers, veterans, people looking to refinance, and more. We're growing too. So what's the secret to our success? Norcom is more flexible than your average lender. We can tailor a mortgage to fit your specific needs. We work quickly, so you're not left hanging for answers. We offer a wide range of mortgages. And our rates are about as low as you'll find anywhere. For more information, call (855) Norcom1 or go to www.norcommortgage.com.
About AllRegs
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
Email
(651) 289-4809
Norcom Mortgage
Ryan Kelly
Email
(860) 899-2734