EAGAN, Minn., Jan. 9, 2014 /PRNewswire/ — AllRegs, the leading information provider in the mortgage industry, is proud to announce that the Massachusetts Housing Finance Agency (MassHousing) will now leverage the AllRegs technology platform and publishing expertise to manage and maintain its policies, procedures, and guidelines.
The MassHousing Seller Guide will be available in the MassHousing Lending Library accessible to visitors through their website. Users that subscribe to the AllRegs flagship product, the Single-Family Lending Package, will also be able to access the content through the State Housing Finance Agency section of Agency Guidelines.
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.
In addition, the MassHousing library features an Announcement Summaries section to notify users of changes to content, delivered via E-Alerts, and an email feature to share content with colleagues.
"We at AllRegs are excited to work with MassHousing to publish their guidelines through our proprietary technology," says Dan Thoms, Executive Vice President of AllRegs. "Further, their content is a valuable addition to our library of mortgage industry content for our Single-Family Lending Package subscribers."
"The world of mortgage lending and affordable housing is always changing and evolving," said Peter Milewski, Director of MassHousing's Home Ownership Division. "AllRegs is a dynamic tool that allows us to provide information to our lenders more efficiently than ever before. We expect that this is just the beginning of our relationship with AllRegs and they will be a partner going forward as we introduce new loan programs that help us to achieve our mission of making affordable loans available to homebuyers with modest incomes."
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 MassHousing
MassHousing (The Massachusetts Housing Finance Agency) is an independent, quasi-public agency created in 1966 and charged with providing financing for affordable housing in Massachusetts. The Agency raises capital by selling bonds and lends the proceeds to low- and moderate-income homebuyers and homeowners, and to developers who build or preserve affordable and/or mixed-income rental housing. MassHousing does not use taxpayer dollars to sustain its operations, although it administers some publicly funded programs on behalf of the Commonwealth. Since its inception, MassHousing has provided more than $16 billion for affordable housing. For more information, visit the MassHousing website at www.masshousing.com, follow us on Twitter @MassHousing, subscribe to our blog and Like us on Facebook.
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.
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For more information about AllRegs, contact:
Krista Sabol
(651) 289-4809
Email
For more information about MassHousing, contact:
Eric Gedstad,
617-854-1079
Email
Tom Farmer
(617) 854-1839
Email