Home >> Daily Dose >> Eye on the Industry
Print This Post Print This Post

Eye on the Industry



Get your weekly update on the housing and mortgage industry as we track the people and companies in the news.

black-knight-inc_3Black Knight, Inc. has signed an agreement with Citibank, N.A to implement its suite of mortgage origination solutions, including the LoanSphere Empower loan origination system (LOS), in the U.S. Black Knight’s Empower LOS supports the retail, wholesale, and consumer-direct lending channels by helping lenders electronically capture, process, underwrite, and close loans. To support Citi’s origination requirements, Black Knight will be adding correspondent lending capabilities to the system to allow the Empower LOS to perform all correspondent loan origination, delivery and purchasing activities within the system. CitiMortgage will also use Web Application Programming Interfaces (APIs) to access data and documents contained in the Empower LOS to provide borrowers with an enhanced digital experience. CitiMortgage will also have the option to leverage additional solutions integrated within the Empower LOS, such as LoanSphere Expedite and Black Knight Property Tax.


Jacqueline WelchFreddie Mac announced that Jacqueline M. Welch has been named head of the Human Resources, Diversity & Inclusion (HRDI) division and chief diversity officer (CDO) of Freddie Mac. In her expanded role as senior vice president of HRDI and CDO, Welch will be a member of the company's senior operating committee and will report directly to Freddie Mac CEO Donald H. Layton. Welch, who joined Freddie Mac in December 2016, brings to the company more than 20 years of experience in HR strategy and execution. As head of HR, Welch will be responsible for all HR functions, including performance management, compensation, and learning and development. In her role as chief diversity officer, Welch will lead Freddie Mac's diversity and inclusion strategy for its workforce and supplier diversity programs, as well as across business activities.


RoostifyRoostify announced that Adnan Habib has joined the company as Vice President of Engineering. Habib will lead Roostify’s growing product delivery team and will be responsible for continuous improvement to the company’s digital lending platform. With over 15 years’ experience in engineering leadership, Habib comes to Roostify from Walmart Labs, where he served as Senior Director for Customer Experience and was responsible for various aspects of scaling and streamlining e-commerce verticals for web and mobile platforms for the retailer.


Kurt NoyceEmbrace Home Loans, has announced that Kurt Noyce will head its expanded Financial Institution Services Division. Noyce has served as President of Embrace Home Loans for the last 18 years and was instrumental in helping to lead the lender to become nearly a 1,000-employee company producing more than $3 billion annually in mortgage originations. “We see there to be a sizable growth opportunity for us with helping banks be successful with furnishing mortgages to their customers and respond to the digitalization of mortgages which is taking place. We need a proven leader and mortgage professional to guide this effort for us, and there is none better than Kurt for the task,” said Dennis Hardiman, CEO at Embrace Loans.

About Author: Radhika Ojha

Radhika Ojha, Online Editor at the Five Star Institute, is a graduate of the University of Pune, India, where she received her B.A. in Commerce with a concentration in Accounting and Marketing and an M.A. in Mass Communication. Upon completion of her master’s degree, Ojha worked at a national English daily publication in India (The Indian Express) where she was a staff writer in the cultural and arts features section. Ojha also worked as Principal Correspondent at HT Media Ltd and at Honeywell as an executive in corporate communications. She and her husband currently reside in Dallas, Texas. You can contact her at [email protected]

Check Also

Rise in Refis Steers App Volume Upward

The MBA reports a continued rise in borrower demand, as mortgage application volume rose for the third consecutive week, led by gains in both purchase and refi activity.