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CMB Ushers China Into Blockchain eInvoicing

PYMNTS

Management at the Shenzhen branch explained that the technology, which is connected to the blockchain platform of the Shenzhen Tax Bureau, allows for transactions to be traced, and the information cannot be tampered with. This isn’t the first blockchain-based project for CMB. billion in the last two years.

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HUD Provides New Flexibility For Calculating Effective Income for FHA Loan Applicants Affected by a COVID-19 Related Economic Event

CFPB Monitor

The Mortgagee Letter addresses both the underwriting of loans with the Technology Open To Approved Lenders (TOTAL) Mortgage Scorecard, and manual underwriting. The lender must analyze the borrower’s tax returns to determine gross Self-Employment Income. to HUD Handbook 4000.1.). Calculation of Effective Income—TOTAL and Manual.

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Managing real estate and construction lending risk

Abrigo

Technology can help reduce or eliminate common problems that construction lenders face during the complicated draw process. Technology increases draw interest income by speeding up the entire process of approving and funding draw requests.

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