News

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.

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.

BSI Financial Services, a mortgage-centric financial services company, announced the addition of Scott A. Johnson as SVP, corporate controller.

ServiceLink, a provider of transaction services for the mortgage and finance industries, recently announced its new branding that is more in line with its parent company, Fidelity National ...

Ocwen Financial Corporation, a financial services holding company, recently announced the addition of Christopher Whalen, Chairman of Whalen Global Advisors LLC, as a senior consultant and advisor.

McCabe, Weisberg & Conway recently announced their membership in the state of Maryland in Five Star Institutes Legal League 100.

The Federal Reserve purchased over $7 billion in agency mortgage-backed securities last week--see the details of the purchase as well as who might be in line to take over for Fed chair Janet Yellen here.

In industries where price competition is fierce, finding other ways to bolster a company’s brand is vital for success and survival. In the mortgage industry, one proven way to do this is by making the underwriting experience as productive and efficient as possible.

This week, the Department of Housing and Urban Development, Federal Reserve System, and Department of the Treasury have scheduled spots on the Senate calendar for key nominations in their departments. See who they are as well as what else is to come in The Week Ahead.

In its September 2017 release of the Employment Situation, the U.S. Department of Labor revealed how jobs fared over the month. How do industry experts think the data will affect the industry? Read on to find out.