AllRegs Releases Comprehensive
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Eagan, Minn. (Feb. 22, 2010). AllRegs, the leading information provider for the mortgage industry, today announced the availability of a comprehensive single-family and consumer lending package providing key and necessary federal regulatory information for financial service professionals. The Financial Services Package blends the content of the flagship AllRegs Single-Family Lending Package with thousands of pages of newly available content featuring key federal regulations focused on banking and consumer lending.
“Our customers have been asking for a comprehensive solution which encompasses mortgage industry content and banking regulations all in our standard proprietary online system,” says Dan Thoms, senior vice president for AllRegs. “We have spent the last year researching banking regulations required to conduct business, and inserted those regulations into AllRegs Online. Organizations offering any type of consumer credit from auto loans, to credit cards to single-family mortgages will be able to depend on AllRegs’ new Financial Services Package. A one stop federal regulatory library for consumer lending, which is updated on a daily basis and also includes published GSE guidelines, is a must-have service for any company successfully competing in financial services.”
“The Financial Services Package is a perfect solution for new subscribers needing this most-important mortgage and non-mortgage federal banking content,” continued Thoms. “It’s also an easy upgrade for our current subscribers to include federal consumer lending regulations to their current subscription.”
Subscribers of the AllRegs Financial Services Package will have access to a comprehensive online database consisting of thousands of pages of government and conventional single family lending guidelines and forms. Accurately maintained and easily accessible with a variety of easy-to-use features, including the enhanced PowerSearch engine, users can access guidelines from Fannie Mae, Freddie Mac, HUD (FHA, VA and Guaranteed Rural Housing), Ginnie Mae, insuring agencies and more. In fact, AllRegs is the exclusive electronic publisher of the Fannie Mae and Freddie Mac Single-Family Seller/Servicer Guides.
New additions of content include regulations such as the Check 21 Act, the Credit Card Accountability Responsibility and Disclosure Act of 2009, the Electronic Funds Transfer Act, the Federal Deposit Insurance Act (FDIA) and more. Subscribers also receive access to State Compliance for their home state, with additional states available for an additional fee.
The AllRegs Financial Services Package is a site-based subscription accessible by all employees at the subscribed location, for $795 per site. Multiple site discounts are available. Current Single-Family Lending Package subscribers can easily upgrade to the Financial Services Package. For more information about this or any other AllRegs products and services, please visit www.allregs.com, email help@allregs.com, or call (800) 848-4904, Monday through Friday, from 8:00 a.m. to 6:00 p.m. CT.
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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 a Mortgage Technology Magazine Top 50 Service Provider for 2008 and 2009, winner of the 2009 Mortgage Technology Synergy Award with partner Mortech, and the exclusive electronic publisher of the Fannie Mae and Freddie Mac Single and Multi-Family Seller/Servicer Guides, The Federal Home Loan Banks’ MPF Program Guidelines, and CalPERS’ Member Home Loan 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 and a library of historical guidelines. The educational division, AllRegs Academy, offers distance learning, classroom training and practical guides. For more information, call (800) 848-4904 or go to www.allregs.com.
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