LoanScorecard announced that Gerald Casey has joined the company as Managing Director, Capital Markets.
Read More »A Jump in Mortgage Applications
The most recent Market Composite Index, which measures mortgage loan application volume, is up . . . see the breakdown by loan type here.
Read More »Housing Erosion Over Time
In a new study, Zillow asks the thought provoking question—what will housing markets look like in the future when sea levels start to rise? See how shifting topographies will impact U.S. homeowners.
Read More »Quicken Rocketing Toward E-Lending Expansion
Quicken Loans, the company that first made waves on the national stage for its online mortgage platform during the 2016 Super Bowl ad, announced to that it has ...
Read More »ServiceLink’s President of Servicing Announces Retirement
Earlier today Robert J. Caruso, mortgage industry veteran and Division President of Servicing for ServiceLink, announced his retirement. During his time at ServiceLink, a premier national provider of ...
Read More »Standardizing the Mortgage Industry
Data standardization has been a key area of focus for the GSEs through the Uniform Mortgage Data Program first introduced. Learn more about the key components of and recent updates to this program . . .
Read More »Cyprexx Expands InvisiBoard Offerings
Brandon, Florida based Cyprexx Services, LLC has launched new, more cost effective sheet sizes of its InvisiBoard polycarbonate in addition to providing select InvisiBoard products on Amazon.
Read More »THL Completes Majority Acquisition of Ten-X
Thomas H. Lee Partners, L.P. (THL), a private equity firm investing in middle market growth companies, announced that it has closed the acquisition of a majority interest in Ten-X, LLC (Ten-X), a leading online real estate marketplace.
Read More »Ellie Mae Celebrates Velocify Acquisition
Ellie Mae®, a cloud-based platform for the mortgage finance industry based in Pleasanton, California, announced that it has completed its acquisition of Velocify, a sales acceleration platform. The company’s acquisition was spurred in part to align with Ellie Mae’s goal to offer a fully digital mortgage.
Read More »Paradatec’s WriteUCD Is Approved by Freddie Mac
Paradatec, Inc., based in Cincinnati, Ohio, announced Thursday its WriteUCD module has been verified as a technology integration vendor for Freddie Mac’s Loan Advisor platform as it satisfies the requirements of the GSE’s Uniform Closing Data files. A provider of optical character recognition solutions, Paradatec’s WriteUCD takes data from mortgage closing disclosure documents “in mere seconds per page” and then transfers it to the new required format. In fact, Paradatec claims to provide “quick and accurate identification of over 500 unique documents in the typical mortgage file,” and it is adapting to new industry standards.
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