Tag Archives: Lending

NewDay USA, a national VA mortgage lender, has hired Michael Greenwood as SVP of mortgage servicing and Gaurav Bhatia as Chief Digital Officer.

Planet Home Lending, LLC announced that Suzy Lindblom has joined the company as COO for Fulfillment after more than 29 years of leadership and management experience in the mortgage industry, including expertise in credit risk, underwriting, operations, regulatory compliance, post-closing, policies and procedures, and project management.

AmeriFirst Home Mortgage, a division of AmeriFirst Financial Corp. headquartered in Kalamazoo, Michigan, has hired mortgage veteran Doug Long as its Southeast Divisional President.

Secretary of the U.S. Department of Housing and Urban Development (HUD) Ben Carson said in a speech on Monday that he promises to help big banks get more ...

Homeowners may be eligible for a tax credit for a portion of their previously paid mortgage interest, according to recent report that states mortgage credit availability has seen a slight increase in multiple component indices.

Making homebuyers’ dreams a reality is the goal of every great lender, but in the past few years, how that goal is achieved has changed. . .

Asurity Technologies, an enterprise formed to provide the financial services industry with RegTech solutions, announced its formation as an entity bringing together Treliant Solutions, LLC, Risk Management Solutions, Inc., and Mortgage Resources Group, LLC into an integrated compliance platform. According to Asurity, this platform will allow lenders to establish compliance, proactively manage a fair lending and redlining risk, and submit for both HDMA and CRA.

Optimal Blue recently announced a partnership with Total Expert Inc, a relationship which Optimal Blue hopes will increase productivity and drive revenue with contact and database management tools for every facet of a user’s business.

Thanks to its implementation of DocMagic’s Total eClose platform, Texas Capital Bank has successfully completed and funded it very first eClosing. Now one of the largest warehouse lenders to accept and fund eNotes, Texas Capital has made its first step toward digitization. The bank was praised by DocMagic CEO Dominic Iannitti.

Seniors are sitting on trillions in untapped equity. A recent report noted that retirement-aged homeowners saw an increase of 2.8 percent in home equity, or $170.7 billion, in Q4 2016. This puts their total housing wealth at $6.2 trillion. However, many seniors are still unwilling to tap into this wealth.