Tag Archives: Company News

Genworth Financial, Inc., has appointed an independent director as part of the company's strategy to rebuild value for shareholders. Naming the former CEO and director of Freddie Mac to the board, Genworth added David M. Moffet to fill the new position.

StreetLinks Lender Solutions LLC has both a new division and a new product to show off.

North Carolina-based FMI has released the results of its 2013 U.S. Markets Construction Overview, and the company is heralding more than $1 trillion in construction-put-in-place (CPIP) by 2014. Noting near-term projections, FMI stated that CPIP is anticipated to hit $826 to $884 billion to end 2012, with the growth rate remaining slightly ahead of gross domestic product (GDP) growth rates in 2013.

Out in Atlanta, Equifax Inc. announced that its subsidiary, Equifax Information Services LLC, has entered into an agreement to purchase certain credit services business assets and operations of CSC Credit Services, Inc., a subsidiary of Computer Sciences Corporation.

W.J. Bradley Mortgage Capital, LLC, a privately held independent mortgage firm headquartered in Colorado, announced its expansion into the greater Midwestern region through a new partnership with the Chicago-based PinPoint Mortgage.

Releasing the company's most recent Real Estate Index, Winans Investments is declaring that housing's bear market is over. Tempering the survey's positive findings, however, the company's economists emphasized that changes in tax laws could slow or stop the market's recovery trends.

Baseball's all-time "Iron Man" has joined forces with NewDay USA, the Maryland-based company announced. Cal Ripken Jr., former Baltimore Oriole and one of the diamond's greatest legends, has been brought on to serve as spokesperson for the lender's philanthropic activities and community outreach efforts. He will also promote the education and training programs of NewDay USA University, the company's mortgage banking training initiative.

In the United Kingdom, HSBC is responding to market demand by rolling out the financial institution's lowest-ever two-year fixed rate mortgage. Announcing the new offering, HSBC revealed that borrowers can secure a 1.99 percent fixed rate with a 40 percent deposit or home equity value.

Kinecta Federal Credit Union's mortgage volume reached more than $3 billion at the end of October, exceeding its 2011 volume with a full quarter still remaining.

Cincinnati-based eLynx announced its compliance with all guidelines for obtaining electronic signatures on Form 4506-T, Request for Transcript of Tax Return.