Equity Loans, a residential mortgage industry leader based in Atlanta, Georgia, announced that after a series of tests regarding its staffing, processes, experience, and organization, it has received Fannie Mae's approval as a seller and servicer of one-to-four family first lien mortgages for whole loan execution.
Read More »Quicken Announces Sweepstakes to Pay Consumers’ Monthly Mortgages
Quicken Loans Inc., the largest online mortgage lender and third largest lender in the country, announced the launch of its Bring It Home sweepstakes, in which the company will pay five peoples' monthly mortgage bills each time NASCAR driver Ryan Newman finishes among the top five in a Sprint Cup Series race.
Read More »LPS Introduces Listing Alerts for Servicers
Lender Processing Services, Inc. (LPS) introduced It's Listed! Alerts as a way to let servicers know when properties in their portfolios show up on MLS.
Read More »Appeals Court Affirms MERS’ Authority to Assign Mortgages
A three-judge panel of the U.S. Court of Appeals for the Ninth Circuit has affirmed, without hearing, an order dismissing claims against Mortgage Electronic Registration Systems, Inc. (MERS), according to a release from MERSCORP Holdings.
Read More »Interthinx Releases White Paper for Stress Testing on Retail Portfolios
Interthinx's Predictive Analytics group published a white paper outlining recommendations for conducting stress testing on retail lending portfolios.
Read More »Carrington, Equator Team Up to Provide Rental Asset Solution
Carrington Technology Solutions, LLC (Carrington) and Equator, a default servicing technology provider, teamed up to provide financial institutions, institutional investors, and large-scale property management companies with a single-family asset management suite created to maximize the performance of multiple-property portfolios.
Read More »MountainView Servicing Group Releases Enhanced Analysis Service
MountainView Servicing Group, a provider of residential MSR sale and valuation advisory services, released its Enhanced Comparative SRP Analysis for secondary marketing.
Read More »Motivity Solutions Becomes Preferred Vendor for Lenders One
Lenders One Mortgage Cooperative, a national alliance of mortgage bankers, lenders, and suppliers, announced Tuesday its members will benefit from access to Motivity Solutions' Movation technology at a discounted rate.
Read More »Orion Financial Unveils Settlement Services Offering
Orion Financial Group, Inc., a provider of mortgage assignment, lien release, and document retrieval services, announced it is now providing streamlined settlement services to investors. The new offering provides small- to medium-size investors a one-stop, efficient solution for their needs.
Read More »New Real Estate Investment Firm Targets High Net Worth Investors
Capital Square Management announced last week the introduction of a new venture, Capital Square Real Estate Advisors, LLC, a new investment firm for high net worth investors.
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