Necessitated by significant operating losses and cash flow challenges due to mortgage market volatility, FGMC has filed for bankruptcy protection.
Read More »Appraisal Logistics Names New SVP of Sales
Anthony Savala joins Appraisal Logistics as its new sales executive and will focus on finding new clients for both its appraisal management companies and appraisal management arms.
Read More »Fed Makes Historic Rate Hike to Combat Inflation
Three-quarters of a point. This is the amount the Federal Reserve chose to raise the nominal interest rate by citing the need to combat the highest rate of ...
Read More »Deephaven Names Paul Howarth Regional VP of Wholesale Sales
With more than 15 years of industry experience, non-QM/non-agency lender adds new Regional VP responsible for growing Deephaven’s Wholesale team in the western U.S.
Read More »Motto Mortgage/wemlo Hire New Product & Strategy Talent
Motto Mortgage, a national mortgage brokerage franchise in the U.S., and wemlo, a third-party mortgage processing solution with an all-in-one digital platform, announced it has appointed industry veteran, Chris ...
Read More »Freddie Mac to Debut Automated Verification System in June
New automated underwriting capabilities such as verification of assets, income, and employment using borrower-approved bank account data increases efficiency and reduces risk.
Read More »Paul Buege Promoted to CEO of Inlanta Mortgage
Thirty-year industry veteran promoted to new role, and will retain the responsibilities of company President and COO as part of the move.
Read More »Mid America Mortgage Promotes Gary McKiddy to CFO
After serving as Chief Risk Officer, 40-year industry vet transitions to CFO role to manage financial operations and strategy for full-service mortgage lender.
Read More »DocMagic Partners With Black Knight on Document Generation Solution
New agreement will provide lenders with access to DocMagic’s document generation solution and compliance support for enhanced data integrity.
Read More »Appraisal Logistics Names Elizabeth Green Chief Strategy Officer
Industry vet joins provider of appraisal management technology and compliance solutions to direct product and services innovation.
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