From new appointments and partnerships to new campaigns and technology, get the latest news from the mortgage industry in this weekly update.
Ellie Mae, a cloud-based platform provider for the mortgage finance industry and SimpleNexus a digital mortgage platform that brings the home mortgage process to mobile devices have announced an official integration partnership. The companies announced that the partnership would provide SimpleNexus' 180 clients and 18,000 loan officers with a fast and secure data transfer between Ellie Mae's Encompass Lending Platform and SimpleNexus' Mobile Originator tools.
“We are excited to provide Encompass users with this secure and powerful integration enabling the originator to do their job on-the-go, helping lenders improve relationships with Realtors® while getting more loans in the door,” stated Matt Hansen, CEO of SimpleNexus.
Home Point Financial Corporation (Home Point), a national mortgage originator and servicer based in Ann Arbor, Michigan, announced that Tim Fitzgerald has joined the company as Managing Director–Regional Manager. He will direct Home Point’s Third Party Originations (TPO) regional sales team responsible for 14 states in New England, the Northeast, Midwest, and Washington, D.C. He will report directly to Paul Wyner, Senior Managing Director–TPO Sales
Fitzgerald has nearly 30 years’ experience in the mortgage industry, most recently serving as Regional Account Executive for Cardinal Financial in Charlotte, North Carolina. Previous experience includes positions with MB Financial Mortgage, Franklin American Mortgage, and ABN AMRO Mortgage Group, among others. Phil Shoemaker, Chief Business Officer for Home Point noted, “Tim’s experience positions him as a clear fit for the role of Managing Director–Regional Manager. We are happy to have him on our team and are confident that his innovative leadership style will contribute to Home Point Financial’s position as a leader in the TPO channel.”
Mortgage Capital Trading, Inc. (MCT), a San Diego-based mortgage hedge advisory and secondary marketing software firm, announced that it is incorporating the company’s patent-pending geocoding technology into its Bid Auction Manager (BAM) whole loan trading platform in order to shield borrower addresses from being shared with non-buying entities throughout the whole loan bidding process.