Tag Archives: Company News

Dallas-based diversified servicing company Wingspan Portfolio Advisors was named the 2012 recipient of the "Servicer of the Year" award by Mortgage Technology Magazine, the firm announced. Wingspan received its trophy at the Mortgage Technology yearly event on the opening day of the MBA Annual Convention & Expo.

Lender Processing Services, Inc. (LPS) announced enhancements to McDash, the company's loan level database, through the additional of two supplemental data modules. Two two modules are McDash Mortgage Scores Module and the McDash Loss Mitigation Module.

National independent mortgage lender United Shore Financial Services, LLC (USFS), is welcoming two new corporate leaders. The Michigan-based organization, parent company of United Wholesale Mortgage, recently added Tim Forrester as chief financial officer for USFS and named Kristin Hammond as EVP of capital markets.

PopRox Entertainment's first game pits players in a contest to win real-life prizes, including a $200,000 mortgage payoff.

Mortgage Guaranty Insurance Corporation (MGIC) announced it is now offering mortgage insurance through Ellie Mae's Encompass360 mortgage management software. Through the integration, Encompass360 users can order MGIC rate quotes and mortgage insurance without leaving the platform.

Walker & Dunlop, Inc., is now an approved Freddie mac Program Plus Seller/Servicer in 22 states and the District of Columbia, the company announced. Walker & Dunlop acquired five additional Program Plus Seller/Servicer territories in connection with its acquisition of CWCapital. Separately, the company was also recently granted new territories in six states as a result of its growth and additional market presence.

Announcing an acquisition deal with Thomas Linderman Graham Inc., a commercial real estate services company in Raleigh, North Carolina, Canada-based Avison Young is continuing its U.S. expansion. Through its purchase agreement with Thomas Linderman Graham, Avison Young will open two new offices in the state.

One day after posting better-than-expected├â┬ó├óÔÇÜ┬¼├óÔé¼┬Øalbeit reduced├â┬ó├óÔÇÜ┬¼├óÔé¼┬ØQ3 quarterly earnings, Citigroup announced the resignations of CEO Vikram Pandit and president and COO John P. Havens. Pandit's sudden and unexpected announcement has some analysts and investors baffled. Michael Jones, chairman and chief investment officer of Riverfront Investment Group, LLC, told Reuters he thinks the move raises "red flags everywhere."

Irvine, California-based ICON Residential Lenders announced Sean Finn has joined the company as area sales manager of the Midwest Region for Wholesale. Finn joins the national wholesale mortgage originator and servicer from Wells Fargo, where he had a successful career in sales management.

Trulia is teaming with mortgage technology provider Mortech, Inc., to provide mortgage products and rate information to Trulia visitors.