tag:blogger.com,1999:blog-105662362012-01-27T20:55:08.675-05:00Financial services trade journalist Rick Grant comments on the state of the mortgage lending industry and the technology that keeps it running.Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.comBlogger3961100tag:blogger.com,1999:blog-10566236.post-7966872011387483192012-01-27T20:55:00.000-05:002012-01-27T20:55:08.683-05:00

Our industry has finally picked up the chorus and started singing about the coming wave of mobile functionality. As usual, home finance is late to the party, but a lot of folks I'm coming into contact with are talking about mobile. Not many of them are talking about specific applications, but the concept is exciting to them. We've been watching closely to see what tools will emerge and, more

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-63101840407974828032012-01-26T20:17:00.000-05:002012-01-26T20:17:11.998-05:00

First Guaranty Mortgage Corp. (“FGMC”), McLean, Vir., has added Lyle Lasky to serve as AVP, National Underwriting and Credit Compliance Manager. FGMC is a national, full-service mortgage lending firm offering retail and wholesale mortgage solutions to clients of varying income and credit types. Lasky’s role will be to ensure quality, due diligence, and compliance in the review and approval of

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-43945371325029278412012-01-25T20:32:00.000-05:002012-01-25T20:32:00.062-05:00

Primary Residential Mortgage, Inc. (PRMI), Salt Lake City, a non-bank mortgage originator with annual volume of more than $4 billion that ranks itself among the top 10 in its segment of the industry, has created a a new Enterprise Risk Management (ERM) group and promoted H. Burton Embry to run it. A twenty-five year mortgage-banking industry veteran, Embry, now Senior Vice President – Enterprise

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-77758436906311237992012-01-18T15:12:00.001-05:002012-01-18T15:15:07.639-05:00

As the industry works its way through the millions of loans that have yet to go through foreclosure but that are bound to do so, some are working on what to do with those properties that are already back into the bank's hands. Fannie and Freddie have been asking for ideas for ways to quickly liquidate their REO holdings and now two firms in our industry may have an answer. Carrington Holding

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-77796242107158876422012-01-11T18:07:00.000-05:002012-01-11T18:07:20.474-05:00

Mortgage Cadence, LLC, a leading provider of Enterprise Lending Solutions (ELS), Default Servicing Technology and Document Services for the financial services industry, has been selected by Generation Mortgage Company to replace its homegrown lending system with Mortgage Cadence’s enterprise lending platform, Orchestrator®, Finale Document Services and the Mortgage Cadence Opus imaging solution.

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-25779689122947924012012-01-03T16:39:00.000-05:002012-01-03T16:39:38.396-05:00

TSS Software Corporation, Annapolis, Maryland, has announced the completion of an integration with Investors Title Insurance Company, making the underwriter's products instantly available through the TitleExpress™ provider network, RealExpress. Investors Title Insurance is based in Chapel Hill, N.C. The new integration allows agents to access Investors Title Insurance Company’s iJacket Manager

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-84294932577893207482011-12-19T17:00:00.000-05:002011-12-19T17:00:04.098-05:00

WFG National Title Insurance Company (“WFG National Title”), Santa Barbara, Calif., has named Michael Kelly, Esq. as its new Vice President, State Counsel for its New York agency office. The company is a full service provider of title insurance and real estate settlement services for lender, commercial and residential transactions nationwide. Kelly will help grow the insurer’s New York agent

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-9930611261502349592011-12-16T18:51:00.000-05:002011-12-16T18:51:20.955-05:00

PriceMyLoan, Costa Mesa, Calif., known in the industry as a provider of automated underwriting and loan pricing technology, has officially launched its LendingQB Web-based mortgage lending platform. "With LendingQB, we believe we are doing more than just providing a ‘cloud computing’ loan origination system,” said Binh Dang, LendingQB's managing partner."We believe we are fundamentally changing

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-70811095573607448342011-12-16T18:44:00.000-05:002011-12-16T18:44:29.155-05:00

MortgageFlex Systems, Inc., Jacksonville, Fla., a provider of lending and servicing software solutions since 1980, recently announced that its LoanQuest LOS has been chosen by the Radius Financial Group Inc, Norwell, MA, to serve its loan origination needs. The hosted LoanQuest system selected includes the enterprise-level loan origination system and a Web Consumer portal that allows consumers

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-67050895400705959822011-12-13T17:43:00.000-05:002011-12-13T17:43:29.761-05:00

Mortgage Cadence, LLC, Denver, a leading provider of Enterprise Lending Solutions (ELS), Default Servicing Technology and Document Services for the financial services industry, is excited to present a series of short films under the guise of “The Lender Blender” to the public. This series of shorts irreverently illustrates the dangers that come with mismanaged processes in the midst of an

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-18423940474030868022011-12-13T17:39:00.000-05:002011-12-13T17:39:59.518-05:00

WFG National Title Insurance Company’s (“WFG National Title”) Stephen Sklamba has been awarded the Louisiana Land Title Association’s “Title Person of the Year Award.” Sklamba is Vice-President and Louisiana Underwriting Counsel for WFG National Title’s Louisiana agency group. The company is a full service provider of title insurance and real estate settlement services for lender, commercial and

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-82554630759000813612011-12-10T18:35:00.000-05:002011-12-10T18:35:09.883-05:00

New York-based MIAC (Mortgage Industry Advisory Corp.) through its Client Solutions Group, is the exclusive broker for another servicing portfolio, this time a $133 Million GNMA Multifamily Servicing Portfolio. The portfolio is being offered by a National Commercial Real Estate lender. The underlying loans in the portfolio have the following characteristics, according to the company: 100% GNMA

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-22427408014011169602011-12-05T19:01:00.000-05:002011-12-05T19:01:11.998-05:00

Mortgage Builder, Southfield, Mich., a leader in innovative mortgage loan origination software (LOS) systems, announces that Riverview Community Bank of Vancouver, Wash. has selected Mortgage Builder’s platform for its mortgage lending business. Riverview Community Bank is a community-oriented financial institution and mortgage lender that provides local and personal service throughout Southwest

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-16104622170589719922011-12-05T18:58:00.000-05:002011-12-05T18:58:07.185-05:00

First Guaranty Mortgage Corp. (“FGMC”), McLean, Vir., has appointed James Cromartie to the position of Assistant Vice President of Business Development, National Retail Production. FGMC is a national, full-service mortgage lending firm offering retail and wholesale mortgage solutions to clients of varying income and credit types. In his new position, Cromartie will oversee and grow FGMC’s new

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-82094101313333202352011-12-05T18:49:00.000-05:002011-12-05T18:49:20.840-05:00

Arlington, Virginia-based Sperlonga Data and Analytics is providing a solution that is now in use by a Georgia bank and a Georgia homeowners association (HOA) management company that share a common business problem. Action Community Management of Hiram, Georgia, contacted Sperlonga for help with several delinquent HOA accounts on properties that were either going through foreclosure or were

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-78294710908822931012011-12-05T18:37:00.000-05:002011-12-05T18:37:00.497-05:00

Supreme Lending, a Dallas-based nationwide mortgage banker with branches throughout the U.S., has hired James E. Iley, Jr., as the company’s new senior vice president, national production manager. This appointment is a key factor in Supreme Lending’s strategic plan to grow the company and continue elevating the value of the organization.
 Iley has more than 22 years of experience in the

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-21010685907553803842011-12-01T13:51:00.000-05:002011-12-01T13:51:25.776-05:00

Mortgage Cadence, LLC, Denver, a leading provider of Enterprise Lending Solutions (ELS), Default Servicing Technology and Document Services for the financial services industry, has announced that an advanced rules-based configuration of its ACE® Rules Engine is now available to simplify changes to the HECM program. As financial assessments of all reverse borrowers take hold throughout the

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-18349835537156269912011-11-30T19:34:00.000-05:002011-11-30T19:34:18.968-05:00

MIAC Client Solutions Group, New York, has announced that it has been chosen to act as exclusive broker for the recently announced sale of a $632 Million FNMA Reverse Mortgage Servicing portfolio. We're told by the company that the portfolio is being offered by a national financial institution with strong financials and an excellent counterparty risk profile. The underlying loans in the

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-53989115625060925302011-11-30T17:33:00.000-05:002011-11-30T17:33:37.179-05:00

AllRegs, Eagan, Minn., reports that it's partner, Total Learning Solutions (TLS), has been awarded a contract to provide nationwide technical assistance training to its business and industry partners. AllRegs is the exclusive mortgage industry partner of the TLS team. TLS and AllRegs (referred to as Team TLS) will be responsible for providing professional, technical and administrative services

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-5559524453384982382011-11-29T10:36:00.000-05:002011-11-29T10:36:42.607-05:00

TSS Software Corporation, Annapolis, a leading national provider of real estate title and settlement solutions, announces the promotion of three staff members alongside a new addition to its business development team. “These steps further TSS’s capabilities for identifying, analyzing and implementing strategies to develop new products and market segments and to enhance brand recognition”, said

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-53200139687969463582011-11-22T16:35:00.000-05:002011-11-22T16:35:23.675-05:00

Carrington Mortgage Services, LLC (“Carrington”), Santa Ana, Calif., has announced the hiring of Brad Nease as senior vice president, capital markets. In this newly created position, Mr. Nease will lead the secondary marketing efforts for the company’s fast-growing loan origination business, and will be responsible for product development, investor relations, loan trading and warehouse lending.

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-105739699191755732011-11-22T16:30:00.000-05:002011-11-22T16:30:46.998-05:00

WFG National Title Insurance Company’s Default Services group has added Ashley Anderson to its team as AVP, Operation Manager. The Williston Financial Group family of title insurers is currently licensed and operating in 40 jurisdictions nationwide. The company is a full service provider of title insurance and real estate settlement services for lender, commercial and residential transactions

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-9917369686914811492011-11-17T21:35:00.000-05:002011-11-17T21:35:18.193-05:00

In what it is calling an effort to further assist distressed borrowers under the recently revamped Home Affordable Refinance Program (“HARP”), WFG Lender Services (“WFGLS”), Simi Valley, Calif., has launched its new flat fee services platform, in which the settlement services fee structure is not based on the amount of the refinanced mortgage. According to William Moody, Executive Vice

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-68663746000091506502011-11-11T23:35:00.000-05:002011-11-11T23:35:29.339-05:00

Matt Martin Real Estate Management (MMREM), Arlington, Vir., a national asset management and disposition firm, has named mortgage industry veteran Timothy Walsh to the position of executive vice president. Walsh was also named as executive vice president of Sperlonga Data & Analytics, MMREM’s affiliate company that provides solutions for the growing problem of homeowners associations' (HOAs)

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-18573639557948995372011-11-11T23:31:00.000-05:002011-11-11T23:31:00.560-05:00

Acris Technology, Anaheim, Calif., a software development company and provider of cloud technologies for mortgage, real estate, tax and other industries, has announced it is expanding its Virtual Corporate Office (“VCO”) suite of products beyond the mortgage industry and into other markets, including real estate. The announcement was made at the 2011 National Association of Realtors Annual

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-50916626964273947982011-11-09T15:15:00.000-05:002011-11-09T15:15:42.726-05:00

In his comments during the Question & Answer period following his CNBC Press Conference on November 2nd, Federal Reserve Chairman Ben Bernanke said that as Americans struggled to improve their own balance sheets, they were bumping up against a problem that was hard for them to solve. http://video.cnbc.com/gallery/?video=3000055143 He said that Americans were "trying to pay down debt. That's, of

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-56775958104638030822011-11-09T14:40:00.000-05:002011-11-09T14:40:52.446-05:00

First Guaranty Mortgage Corp. (“FGMC”), McLean, Vir., signaling that it will become more aggressive in the capital markets channel, has added Mark Mayhook as Managing Director, Capital Markets. FGMC is a national, full-service mortgage lending firm offering retail, wholesale and correspondent mortgage solutions to clients of varying income and credit types as well as financial institutions of

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-12397837476171055962011-11-09T14:38:00.000-05:002011-11-09T14:38:04.723-05:00

Carrington Mortgage Services, LLC (“Carrington”), Santa Ana, Calif., today announced the hiring of three new area sales managers for its growing wholesale lending business. The three managers – Bryson Bede, Tamara Joi Henry and Jodi Nelson – will be responsible for sales activity in the Pacific Northwest, Southern California and Northern California regions respectively. “We’re delighted to add

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-61482216431339246252011-11-09T14:34:00.000-05:002011-11-09T14:34:34.224-05:00

WFG National Title Insurance Company (“WFG National Title”), Santa Barbara, Calif., has announced Ravi Bapodra as its new Vice President and Managing Director, TitleNet. The Williston Financial Group family of title insurers is currently licensed and operating in 40 jurisdictions nationwide. The company is a full service provider of title insurance and real estate settlement services for lender,

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-59556980142593532452011-11-07T20:01:00.000-05:002011-11-07T20:01:40.214-05:00

MortgageFlex Systems, Inc., Jacksonville, Fla., an innovative provider of loan origination and servicing technology, announced today that Phil Scialabba has joined their professional services team. A well respected 20-year industry veteran, Scialabba has held several vice presidencies at prominent New Jersey lenders, including Clarity Member Services, CU National Mortgage (US Mortgage), CUMAnet,

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-49855952874409684112011-11-07T19:47:00.000-05:002011-11-07T19:47:38.521-05:00

Prommis Solutions, Atlanta, a leading national provider of technology-enabled processing services for the default resolution segment of the real estate finance industry, has announced its participation in the launch of the Atlanta chapter of Back on My Feet, a nonprofit organization that promotes the self-sufficiency of those experiencing homelessness by engaging them in running as a means to

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-40567079798971620432011-11-02T21:32:00.001-05:002011-11-02T21:38:11.664-05:00

The new regulatory structure in place to oversee the mortgage lending business is already changing the way our industry does business. But with only about 750 staffers working at the Consumer Financial Protection Bureau so far, the new bureau is just getting started. One thing I expect to see if a much greater emphasis on borrower satisfaction. After all, the CFPB is already wired to accept

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-3583877786993103652011-10-31T17:45:00.000-05:002011-10-31T17:45:51.335-05:00

I love it when I catch a company taking advantage of an opportunity to innovate. That's what AllRegs did when it heard that FHA's online handbooks were unavailable. When AllRegs, Egan, Minn., heard that the FHA was having problems delivering its information electronically, it made its own electronic handbook library available for free. All FHA Handbooks and archival copies of FHA Guides,

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-23328933380196227152011-10-26T13:16:00.000-05:002011-10-26T13:16:36.187-05:00

Supreme Lending, a Dallas-based nationwide mortgage lender with over 60 branches throughout the U.S., today announced the hiring of Craig Goetz as western region production manager and Glynnis Barber as its new underwriting manager. As western region production manager, Goetz is responsible for heading Supreme Lending’s team of branches in the western United States and overseeing all multi-state

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-10417680924292850962011-10-25T12:59:00.000-05:002011-10-25T12:59:28.392-05:00

First Guaranty Mortgage Corp. (“FGMC”), McLean, Vir., has promoted Jeffrey Gibson to the position of AVP, Correspondent Division Manager. FGMC is a national, full-service mortgage lending firm offering retail and wholesale mortgage solutions to clients of varying income and credit types. Gibson will be charged with overseeing and growing the division responsible for FGMC’s Correspondent’s Edge

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-29772277507167116192011-10-24T20:47:00.000-05:002011-10-24T20:47:13.411-05:00

Matt Martin Real Estate Management (MMREM), a provider of real estate services, including asset disposition, financial advisory, and mortgage loan loss mitigation services, has announced it has been awarded a multi-year contract with its prime contracting partner, STS-MAAG, to provide Mortgage Insurance Endorsement (MIE) processing services for the U.S. Department of Housing and Urban Development

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-56990972710048614502011-10-20T16:58:00.000-05:002011-10-20T16:58:14.475-05:00

In the second of its assessment reports on the current status and future role of the Federal Housing Administration (FHA), George Washington School of Business professors Robert Van Order and Anthony Yezer, both of the school’s Center for Real Estate and Urban Analysis, looked at what role the agency should play in a recovering U.S. housing market. The report was released in June, focused on

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-35676326959074640452011-10-19T11:49:00.001-05:002011-10-19T11:50:32.227-05:00

I was lucky enough to be on hand for the Mortgage Bankers Association's 98th Annual Convention and Expo in Chicago. It was quite a show. You've probably already heard about the nightmares people had trying to get cell phone coverage in the exhibit hall--three stories below street level. But you may not have heard about the wealth of technology that was available for sale on the exhibit hall floor

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-81502665841182678782011-10-05T20:46:00.000-05:002011-10-05T20:46:38.567-05:00

DocMagic, Inc., one of the mortgage industry's leading providers of loan document and automated compliance technologies, is offering its eSign platform to any user at no cost. DocMagic's eSign solution gives users the ability to capture electronic signatures for any document saved in a PDF file format. It digitally seals those documents to prevent fraud, provides access and audit trail

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-86534627628672028202011-10-04T18:05:00.000-05:002011-10-04T18:05:19.260-05:00

ISGN Corporation™ (“ISGN”), Bensalem, Pa., a leading provider of end-to-end technology solutions and services to the U.S. mortgage industry, now offers iAppraisal Advantage, a new valuation service that combines an analytical desktop-based property valuation completed by an in-market licensed or certified appraiser with an exterior inspection by a licensed real estate broker or agent. iAppraisal

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-8967060711523911092011-10-04T11:32:00.002-05:002011-10-24T17:02:23.037-05:00

TSS Software Corporation, Annapolis, Maryland, announced a new edition of its flagship closing solution, TitleExpress, with Microsoft SQL database technology. This latest version, TitleExpress 7.0, is an ideal solution for large-scale agencies. Users will benefit from advanced search functionality and custom management reporting capabilities among several other enhancements. “This latest

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-50841464990815900962011-09-28T20:05:00.000-05:002011-09-28T20:05:33.995-05:00

Carrington Mortgage Holdings (“Carrington”), Santa Ana, Calif., announced today that Rick Sharga has joined the company as an Executive Vice President. In his new role, Sharga will serve as the primary industry spokesman for Carrington, and will be responsible for developing branding and marketing strategies for the Carrington Family of Companies, which includes Carrington Mortgage Services, LLC,

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-63799462643472093962011-09-27T21:06:00.002-05:002011-09-27T21:06:59.454-05:00

First Guaranty Mortgage Corp. (“FGMC”), McLean, Virginia, has promoted Andrew Peters to be its new Chief Executive Officer. FGMC is a national, full-service mortgage lending firm offering retail and wholesale mortgage solutions to clients of varying income and credit types. Peters has been with FGMC for over ten years, serving most recently as its SVP, National Business Director. He has also

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-74789240535630868762011-09-22T11:55:00.001-05:002011-09-22T11:59:22.257-05:00

I'm very proud to announce that I will be joining a couple of very experienced mortgage industry veterans on a technology panel at the upcoming Mortgage Banker's Associations Annual Convention and Expo in Chicago. In the session, entitled "New Technologies, Social Media and Mortgage Lending," Craig Focardi, Joe Dahleen and I will delve into what Social Media tools mortgage lenders should be using

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-43216165482452092242011-09-20T19:15:00.000-05:002011-09-20T19:15:57.936-05:00

MortgageFlex Systems, Inc., Jacksonville, Fla., a provider of loan origination and servicing technology, announced today that Kennebunk Savings Bank, Kennebunk, Maine, has chosen the MortgageFlex loan origination system for their lending needs. Kennebunk Savings provides a full range of financial services with offices serving Southern Maine and Seacoast New Hampshire and required a single

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-85603463582296371982011-09-20T12:30:00.000-05:002011-09-20T12:30:22.711-05:00

TSS Software Corporation, Annapolis, Maryland, reported today that the company has added GreenFolders™ to its TitleExpress™ title and settlement platform. I've been through the demo of GreenFolders and was impressed with its ease of use and flexibility. TSS says the integration provides TSS customers seamless access to the GreenFolders™ office management system, allowing staff to share files,

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-68377586935614885942011-09-20T10:58:00.000-05:002011-09-20T10:58:30.900-05:00

Brandy Sams has joined WFG National Title Insurance Company (“WFG National Title”), Simi Valley, Calif., as the Director of its Default Services division. The Williston Financial Group family of title insurers is currently licensed and operating in 40 jurisdictions nationwide. The company is a full service provider of title insurance and real estate settlement services for lender, commercial and

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-34069293874103143232011-09-20T10:54:00.000-05:002011-09-20T10:54:22.291-05:00

Mortgage Cadence, LLC, Denver, a leading provider of Enterprise Lending Solutions (ELS), Default Servicing Technology and Document Services for the financial services industry, has been selected by Security Service Federal Credit Union (SSFCU) to replace their document and loan origination solutions with Mortgage Cadence Orchestrator and Finale Document Services. These two products, combined with

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-66356780202151481372011-09-19T09:01:00.000-05:002011-09-19T09:01:01.706-05:00

Mortgage Builder, Southfield, Mich., developer of an innovative mortgage loan origination software (LOS) system, reports that it has recently undergone the new SSAE 16 Type II audit process and has completed the thorough examination successfully. The SSAE 16 is the next generation of SAS (Statements on Auditing Standards) audit, designed to test organizations’ abilities to protect sensitive

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-30836831068842512812011-09-12T20:16:00.000-05:002011-09-12T20:16:52.506-05:00

Wingspan Portfolio Advisors, Carrollton, Texas, a component and special servicer based in Dallas, Texas, has introduced Wingspan Insurance Services, a new subsidiary created to address growing concerns among servicers, investors and others over risks associated with insufficient insurance coverage in their portfolios. Wingspan Insurance Services offers a wide range of insurance products. “

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-46339770272678631762011-09-08T11:04:00.000-05:002011-09-08T11:04:19.899-05:00

Matt Martin Real Estate Management (MMREM), Arlington, Va., a national asset management and default services firm that deals with multiple federal agencies and mortgage servicers, investors and insurers, has named prominent lending industry veteran Ivan Choi to the newly-created position of senior vice president. In his new role, Mr. Choi will be a key member of MMREM’s executive and planning

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-40310035304156246212011-09-01T19:46:00.000-05:002011-09-01T19:46:14.860-05:00

WFG National Title Insurance Company (“WFG National Title”), Santa Barbara, Calif., has announced that Ed Trope will serve as State Underwriting Counsel for agents in Virginia and Maryland. WFG National Title is a national, full service provider of title insurance and real estate settlement services for lender, commercial and residential transactions. The Williston Financial Group family of

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-58282760646088696462011-08-29T09:45:00.000-05:002011-08-29T09:45:17.554-05:00

CompuGain Corporation, Herndon, Virginia, a provider of professional business services and IT solutions, has acquired the mortgage division of Overture Technologies, Inc., a provider of software solutions for the mortgage and educational finance industries. The newly acquired division will operate as a wholly-owned subsidiary of CompuGain Corporation and will conduct business as Overture

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-19307910057067037952011-08-21T21:55:00.000-05:002011-08-21T21:55:05.652-05:00

DecisionReady Solutions, Irvine, Calif., a provider of default servicing compliance solutions, announces the appointment of Matthew Lichtner to the position of executive vice president, director of national sales and client relations. In his new role, Lichtner will be responsible for overall direct and indirect sales, marketing strategy, and increasing DecisionReady’s market penetration with

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-68439840028030066282011-08-21T21:47:00.000-05:002011-08-21T21:47:56.915-05:00

First Guaranty Mortgage Corp. (“FGMC”), McLean, Virginia, is introducing its Correspondent’s Edge product line for correspondent lenders. The niche-focused product line will include manufactured housing loans and rehabilitation loans such as the 203k or Fannie Mae HomePath loan. FGMC is a national, full-service mortgage lending firm offering retail and wholesale mortgage solutions to clients of

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-33292299796468726522011-08-15T18:24:00.000-05:002011-08-15T18:24:39.989-05:00

WFG National Title Insurance Company (“WFG National Title”), Lake Oswego, Oregon, has appointed Wendy Lunt as Vice President, Sales and Marketing for its newly acquired Puget Sound Division. WFG National Title is a national, full service provider of title insurance and real estate settlement services for lender, commercial and residential transactions. The Williston Financial Group family of

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-79628525189776138212011-08-10T23:57:00.000-05:002011-08-10T23:57:46.873-05:00

Although 2011 has witnessed a good deal of market volatility and consolidation, a new contender has announced its intentions in the title industry. NITA Solutions (“NITA”), Boise, Idaho, is a network of independent title agencies unified at a central point of contact to distribute title and escrow orders to any market in the country through an electronic “dashboard.” NITA stands for National

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-31784974982670113642011-08-03T14:24:00.000-05:002011-08-03T14:24:43.331-05:00

Del Mar DataTrac, Inc. (DMD), San Diego, a provider of end-to-end mortgage lending automation solutions, has released its DMD 10.0 Product Suite. The DMD 10.0 release includes multiple enhancements to every product in the DMD product line, including the official release of its re-architected point of sale (POS), DataTrac Originator. The company says the DMD 10.0 Product Suite release includes

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-28129477885806785662011-08-03T14:19:00.000-05:002011-08-03T14:19:10.014-05:00

ISGN Solutions Inc. brought on a new executive last month. The company, which provides end-to-end technology solutions and services to the U.S. mortgage industry, has hired Scott Slifer as its new president of sales and marketing. Slifer brings over 22 years of financial services industry experience, including 16 years in housing finance and technology. He is the third senior executive to be

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-62995854241270202132011-07-26T09:34:00.000-05:002011-07-26T09:34:38.859-05:00

Williston Financial Group, LLC (“WFG”), Lake Oswego, Oregon, has named title industry veteran Lynn Riedel as its President and manager of its Puget Sound Division. Riedel will oversee the former Northpoint Escrow & Title operation, acquired by WFG in July, 2011. WFG is the parent company of wholly-owned subsidiaries WFG National Title Insurance Company, WFG Lender Services and WFG Title

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-59462358121948956202011-07-22T20:20:00.000-05:002011-07-22T20:20:29.158-05:00

I was pleased to see that at least one provider of professional appraisal software realizes that the new changes required under the former GSE’s UAD initiative will not be simple. These are not trivial changes and an update to their appraiser’s form-filling software is not likely to ensure their success going forward. Realizing this, Bradford Technologies has released its UAD Power User

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-83753046030147280522011-07-20T11:45:00.000-05:002011-07-20T11:45:15.250-05:00

Just got off the phone with Don Kracl, CEO of Moretech. Was visiting about the company's new Marksman Communication Package. Using software and existing technological infrastructure, the company can now allow loan originators who get leads online to call on borrowers with a single click. The system can be configured to use any existing phone line. It only requires a phone line and an internet

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-48421312386055136172011-07-15T17:57:00.000-05:002011-07-15T17:57:22.090-05:00

We have learned that First Guaranty Mortgage Corp. (“FGMC”), McLean, Va., will now offer Fannie Mae HomePath and HomePath renovation products through its wholesale lending and consumer direct lending channels. HomePath is the GSE’s venture for marketing and selling REO properties of which it takes ownership after the foreclosure process, providing special financing terms for the purchase of

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-68969383885990001162011-07-11T09:21:00.000-05:002011-07-11T09:21:36.944-05:00

Global DMS, Landsale, Pa., a provider of appraisal process management software, has announced that Global Kinex, its appraisal data delivery technology, is now directly integrated to the Uniform Collateral Data Portal (UCDP). This integration provides lenders and appraisal management companies (AMCs) with another UCDP-compliant method of delivering appraisal data to the GSEs. In an effort to

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-54448408384833056792011-07-08T17:13:00.000-05:002011-07-08T17:13:13.945-05:00

Xerox Mortgage Services today announced Nancy Alley as its new general manager. Alley brings to the position more than 20 years in the mortgage industry, and spent the last two years as vice president of product management. Alley will succeed Greg Smith, who co-founded Advectis, Inc. nearly a decade ago, before the company was acquired by Xerox in 2007. Since joining Xerox Mortgage Services,

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-36514343639242742502011-07-06T12:04:00.000-05:002011-07-06T12:04:34.174-05:00

iServe Residential Lending, a retail mortgage banker based in San Diego, California, recently implemented the PriceMyLoan (PML) automated underwriting and loan pricing system. The company said in a release that it had taken the action as a way to improve the quality of their underwriting – especially in regards to investor overlays. “We were looking for a way to scale our underwriting

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com1tag:blogger.com,1999:blog-10566236.post-76187710608857008722011-07-06T09:33:00.000-05:002011-07-06T09:33:33.171-05:00

Williston Financial Group, LLC (“WFG”), Lake Oswego, Oregon, has acquired Northpoint Escrow & Title (“Northpoint”), an established, title, escrow and settlement services company serving Puget Sound, Snohomish, King and Pierce counties in Washington, including the Seattle and Tacoma metropolitan areas. WFG is the parent company of wholly-owned subsidiaries WFG National Title Insurance Company,

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com2tag:blogger.com,1999:blog-10566236.post-5671456709365879892011-06-27T19:27:00.000-05:002011-06-27T19:27:10.365-05:00

Carrington Property Services, LLC (CPS), Santa Ana, Calif., a national residential asset management companies, has transformed its operations to increase its capacity and capabilities in residential asset management services to benefit lenders and servicers, according to the company. The company has now realigned its operations into three primary divisions – Rental, REO Administration, and

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-46873362121309031972011-06-20T16:55:00.000-05:002011-06-20T16:55:20.170-05:00

Williston Financial Group and its wholly owned subsidiary, WFG National Title Insurance Company (“WFG National Title”), Portland, Oregon, have appointed Morgan Harris as Executive Vice President, Default Services. The Williston Financial Group family of title insurers is currently licensed and operating in 39 jurisdictions nationwide. The company is a full service provider of title insurance

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-47598902699424021512011-06-15T17:30:00.000-05:002011-06-15T17:30:18.758-05:00

For those of you tired of hearing about the Case-Shiller index, Oxford, Miss.-based FNC has provided an alternative. The company announced its new FNC Residential Price Index™ (RPI) and the annual National Association of Real Estate Editors conference (NAREE) in San Antonio, Texas. FNC’s Chief Data and Analytics Officer Bob Dorsey made the announcement, telling attendees that FNCs index is more

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-48978613125287857242011-06-13T10:17:00.000-05:002011-06-13T10:17:07.025-05:00

Sperlonga Data and Analytics of Arlington, Virginia, is offering a new service designed to help mortgage servicers reduce their risk on loan modifications by alerting lenders that a borrower is falling behind on their homeowners association (HOA) fees. The company is a subsidiary of national real estate asset firm MMREM. Unpaid HOA fees, a clear sign of potential mortgage defaults, have

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-14622656615204493342011-05-31T21:09:00.000-05:002011-05-31T21:09:13.158-05:00

This is a great program to launch just after the first weekend of summer. First Guaranty Mortgage Corp. (FGMC), McLean, Virginia, is partnering with APD Solutions (APDS) and Home Depot to present its Rebuild the Dream initiative. Rebuild the Dream will seek to accelerate the resale of bank-owned (REO) properties and help rebuild the housing stock nationwide by reducing the time cycle on the

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com1tag:blogger.com,1999:blog-10566236.post-20861173207908305382011-05-17T13:54:00.000-05:002011-05-17T13:54:54.463-05:00

ISGN, Bensalem, Penn., a provider of end-to-end technology solutions and services to the U.S. mortgage industry, has named Raghavan Tiru as chief information officer. Over the course of his career, Tiru has designed and developed advanced information technology initiatives for the financial services industry to handle applications consolidation and platform migration that have saved companies

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-79789117704964940042011-04-27T14:23:00.000-05:002011-04-27T14:23:16.514-05:00

As the broker trade groups pull back from their legal action against the government to stall its plans to change loan officer compensation, many feared that the days of the mortgage loan broker would be over. At least one wholesale lender says that's not going to happen. Fairway Independent Mortgage Corporation, Sun Prairie, Wisc., reported this week that it has nearly quadrupled its wholesale

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-73311368842902633022011-04-26T15:55:00.000-05:002011-04-26T15:55:03.914-05:00

When the GSE’s Uniform Collateral Data Portal (UCDP) goes live in June, FNC® clients will be ready, the Oxford, Miss.-based mortgage technology company announced Thursday. As of June 27, Fannie Mae and Freddie Mac will begin accepting appraisal reports via an internet portal specifically designed to receive the property information and valuations as electronic data. However, lenders won’t be

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-91796047256109675122011-04-26T13:39:00.000-05:002011-04-26T13:39:41.428-05:00

Wingspan Portfolio Advisors, a Dallas area-based specialty and component mortgage servicer, announced recently that it has increased its capacity for helping servicers stay compliant with the requirements of the Interagency Review issued on April 13th by the Federal Reserve, the Office of the Comptroller of the Currency (OCC) and the Office of Thrift Supervision (OTS). Initially affecting the

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-44918007203104731912011-04-20T18:19:00.000-05:002011-04-20T18:19:34.171-05:00

TSS Software Corporation, Annapolis, has unveiled its TitleExpress Cloud Solution, an all-inclusive version of its flagship title and settlement desktop solution in a cloud computing environment. The comapny says its subscription-based pricing combines comprehensive title and settlement functionality with automatic state and underwriter tables and forms updates. Operating TitleExpress in the

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-8844776096975782532011-04-18T16:04:00.000-05:002011-04-18T16:04:36.715-05:00

Mortgage Cadence, LLC, a leading provider of Enterprise Lending Solutions (ELS), Default Servicing Technology and Document Services for the financial services industry, released news last week that its Reprise Consumer Direct Portal was delivering powerful servicing automation to allow mortgage loan servicers to effectively respond to coming mortgage reform. I'm flying out to Vail tomorrow to the

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-68197162209714153672011-04-13T13:00:00.000-05:002011-04-13T13:00:14.651-05:00

TSS Software Corporation, Annapolis, has announced a new integration with Ernst Publishing that provides SmartQuery II™ recording fee calculations for TitleSphere subscribers. TitleSphere is TSS’s Web-based solution with complete HUD-1 preparation. This integration allows TitleSphere subscribers to purchase query credits in the TitleSphere online store. These credits are used to obtain

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-16962693453759939822011-04-06T22:02:00.000-05:002011-04-06T22:02:57.766-05:00

New Millennium Title Group (“New Millennium”), Simi Valley, a wholly-owned subsidiary of Williston Financial Group, LLC (“WFG”) has announced that David Wilson will serve as its Senior Vice President, National Sales. WFG is a national, full service provider of title insurance and real estate settlement services for the mortgage lending industry. New Millennium operates in all 50 states, and

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-85357864349207071152011-04-01T19:56:00.000-05:002011-04-01T19:56:32.852-05:00

Greenwood Village-based Motivity Solutions and Dallas-based PrimeLending, a PlainsCapital Company, have announced today that the Movation Business Management Platform is live and in the process of being rolled out to approximately 1,000 users throughout the organization. In addition to enterprise-wide business intelligence, PrimeLending plans on creatively utilizing the business intelligence

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-50437334066339364922011-03-18T17:22:00.000-05:002011-03-18T17:22:40.855-05:00

Today GreenFolders, Salt Lake City, announced the availability of GreenFolders Communicator, a secure communications tool that enables GreenFolders users to easily send secure messages and files to their customers and clients directly from within the GreenFolders office management system. According to the company, GreenFolders Communicator leverages the security, control capabilities and unique

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-33646612518836970032011-03-16T10:59:00.000-05:002011-03-16T10:59:20.667-05:00

Here some event news that hit our desks today. After months of preparation, the Global Technology Summit 2011 is set to be held at the Hard Rock Hotel & Casino in Las Vegas on May 15-17, 2011. The event, which is being call the first-of-its-kind, is an annual networking and educational event for mortgage lenders and the companies that serve them and is expected to draw hundreds of attendees,

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com2tag:blogger.com,1999:blog-10566236.post-60679271973101954692011-02-21T13:52:00.000-05:002011-02-21T13:52:07.813-05:00

Despite recent upbeat data on new and existing home sales, U.S. home prices continued to decline in December due in part to increased sales of foreclosed properties, according to the FNC Residential Price IndexTM (RPI). Driven in part by rising sales of distressed properties and higher foreclosure-sales discounts, home prices declined for the seventh straight month in December and suffered their

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-35252636715362196942011-02-17T14:51:00.000-05:002011-02-17T14:51:14.979-05:00

October Research Corporation, Cleveland, publisher of The Title Report, The Legal Description, Valuation Review and RESPA News, has been acquired by Robert M. Stutz II, AVA, ASA, CM&AA, a business valuation consultant from Columbus, Ohio. Chris Casa, who co-founded the company with his father, Joseph Casa, in 1999, has been named CEO of the company. “My family has been involved with various

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-83813065259469611702011-02-17T10:15:00.000-05:002011-02-17T10:15:05.080-05:00

TSS Software Corporation, Annapolis, a national provider of real estate title and settlement solutions, announced today the promotion of Toni Carroll to National Sales Director and Erika Rollins to Marketing Director. Toni Carroll In the role of National Sales Director, Carroll will lead sales efforts to expand TSS’s national presence. A 16-year veteran of the company, Toni brings extensive

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-66838167628739469112011-02-16T22:32:00.000-05:002011-02-16T22:32:35.755-05:00

Cleveland-based Resource Title National Agency Inc. (“Resource Title National”), has appointed Keith Barker as Vice President, National Commercial Division. Barker, a sales veteran of over 13 years, joins the commercial division’s national sales team. He will focus on territory growth as well as the development and servicing of traditional commercial and investment transactions. He will be

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-88881063997180915112011-01-22T22:59:00.000-05:002011-01-22T22:59:57.625-05:00

Leslie Rennell, former President and CEO of Cleveland-based Resource Title Agency Inc., has announced the formation and launch of Resource Title National Agency, Inc., which has purchased some of the business assets of Resource Title. Rennell will serve now in the role of Owner and CEO of Resource National. Resource National will be an independent, family-owned agency providing full title

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-8723826356150198932011-01-18T10:12:00.000-05:002011-01-18T10:12:24.574-05:00

Wingspan Portfolio Advisors, Carrollton, Texas,a provider of specialty and component loan servicing for the mortgage industry, announced the appointment of E.J. Kite, a mortgage information technology expert with 26 years of experience, to the newly-created position of senior vice president of information management. Kite is now responsible for leading Wingspan’s award winning technology

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-90957676902261737452011-01-17T10:16:00.000-05:002011-01-17T10:16:36.170-05:00

The StoneHill Group, Inc., Atlanta, a nationwide provider of outsource services and staffing solutions to the mortgage industry, has hired Paige Petta as business development manager. Petta joins to further accelerate the company’s aggressive growth strategy in the Texas market, as well as nationally, and will be focused on the outsourcing and fulfillment services group. The company offers

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-84999730657259181392010-12-15T22:43:00.000-05:002010-12-15T22:43:37.117-05:00

Bill Rayburn, co-founder and CEO of mortgage technology company FNC Inc., Oxford, Miss., was inducted into the Mississippi Technology Alliance’s Innovators Hall of Fame at a gala event in Jackson earlier this month. A former University of Mississippi business professor, Rayburn and fellow faculty members Dennis Tosh, Bob Dorsey, and John Johnson, invented software now used by seven of the top 10

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com1tag:blogger.com,1999:blog-10566236.post-75396489820931682752010-12-15T21:47:00.000-05:002010-12-15T21:47:18.200-05:00

Kenneth Clark, founder and chairman of FGMC Mortgage Corporation of McLean, Virginia, has written a book about the mortgage crisis he says was intended for people who live in the real world. Clark claims that the many books available on the meltdown and housing crisis were primarily intended for people who are highly familiar with the financial world, making them less useful for ordinary folk. “

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com2tag:blogger.com,1999:blog-10566236.post-51002259009234412582010-12-15T21:12:00.000-05:002010-12-15T21:12:00.405-05:00

Valuation Partners, Sugar Land, Texas, a national appraisal management company with access to over 10,000 independent fee appraisers in all 50 states, has hired Dawn Svedberg as vice president and national account executive. Svedberg brings more than 24 years of appraisal and mortgage industry experience to Valuation Partners as well as thorough knowledge of credit, flood, title, income tax

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-69376121858066698322010-11-23T23:29:00.001-05:002010-11-24T14:52:11.390-05:00

I always find it interesting to see what our business partners are up to when it comes to technology. It turns out that real estate agents are using cutting edge tech to connect with buyers via text messaging. DMX, Inc., Austin, Texas, partners with Keller Williams Realty, Inc., in several of the Dallas-Fort Worth Metroplex offices to provide a cutting edge real estate shopping experience for

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-27345108993436608232010-11-16T19:38:00.000-05:002010-11-16T19:38:36.255-05:00

InHouse Inc., Orange, Calif., an appraisal management company and provider of appraiser management technology for banks, lenders, credit unions and other mortgage originators, named Richard Heft national operations manager. Heft will direct all of InHouse’s national operations, including InHouse Solutions, the firm’s appraisal management company (AMC) and InHouse’s Connexions, an

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-55178266294692666492010-11-16T16:48:00.000-05:002010-11-16T16:48:30.353-05:00

Mortgage Cadence, LLC, Denver, a leading provider of Enterprise Lending Solutions (ELS), Loss Mitigation Technology and Document Services for the financial services industry, announces the direct integration with EarlyCheck in support of Fannie Mae’s Loan Quality Initiative (LQI). EarlyCheck provides users with access to Fannie Mae’s data checks at any point in the lender’s business process.

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-17552926092398335932010-11-12T14:23:00.000-05:002010-11-12T14:23:26.382-05:00

Greg McCoy, a Realtor® with RE/MAX Unlimited, Peoria, Ill., recently received the RE/MAX Hall of Fame Award for having achieved an exceptional lifetime level of commissions during his career with RE/MAX. “I am delighted to have earned the RE/MAX Hall of Fame Award,“ said Greg McCoy. “My sales success, while exciting, only reflects my sincere desire to help my clients make a successful real

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-56207565079712619822010-10-22T09:41:00.000-05:002010-10-22T09:41:07.648-05:00

Motivity Solutions has integrated its Movation Business Management platform with the DataTrac loan origination system of record and rules-based mortgage lending workflow platform from San Diego-based Del Mar DataTrac, Inc. Motivity won a Mortgage Technology award for its technology last year. According to Motivity, this new integration makes the actionable and mortgage-centric business

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-47683960121154924712010-10-21T15:11:00.000-05:002010-10-21T15:11:13.420-05:00

Alain Valles, president of Direct Finance Corp., Hanover, Mass., has achieved the designation of Certified Reverse Mortgage Professional (CRMP) from the National Reverse Mortgage Lenders Association (NRMLA). Valles is one of only ten loan officers in the U.S. to have earned the CRMP designation. Valles, along with the nine other CRMP designees, will be honored at a ceremony at NRMLA's annual

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0tag:blogger.com,1999:blog-10566236.post-42565175765533679612010-09-30T16:38:00.000-05:002010-09-30T16:38:00.241-05:00

Jeff Zuckerman has recently joined MIAC as Vice President of Software Sales, the company said in a recent release. MIAC provides integrated and comprehensive analytical solutions for mortgage originators, servicing hedgers, and portfolio managers. The firm has been active in the US mortgage analytic space for over twenty years, and the same software that is licensed out to clients is used by

Rick Granthttp://www.blogger.com/profile/08494059909447170580noreply@blogger.com0