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HW Media CEO Clayton Collins and Scott Happ, president of Secondary Marketing Technologies at Black Knight, discuss Black Knight’s acquisition of Optimal Blue and what the industry can expect from the company’s new Secondary Marketing Technologies division. According to the NMLS, Owning has 62 loanofficers and was formed in 2018.
CreditXpert , a leading mortgage technology company, announced on Wednesday the launch date for its new credit optimization platform. Years later, in 2018, the newly unveiled Wayfinder platform automated credit optimization for loanofficers. CreditXpert stopped offering the Wayfinder tool and What-if Simulator on Oct.
has raised $175 million to accelerate growth and fund new technologies , just 16 months after relaunching its operations. Funds managed by Oaktree Capital Management , MFA Financia l, various family offices, and other strategic investors invested through a StoicLane’s special purpose vehicle, StoicLane said.
issued pink slips to over 350 non-commissioned loanofficers, a workforce reduction that former workers claimed to represent more than half of Interfirst’s entire staff. The company’s job cuts include human resources, technology, talent acquisition, and executive assistant positions. Presented by: Acra Lending.
will lay off 77 employees in its Charlotte, North Carolina office come January 2022, a Worker Adjustment and Retraining Notification Act (WARN) notice filed by the company reveals. Among those getting a pink slip are 49 loanofficers, 10 national account managers, seven retail sales managers and seven transaction coordinators.
While Interfirst Mortgage has not responded to requests for comment, positions affected by the layoff included a closer, processor, business analyst and loanofficers, according to former employees’ LinkedIn posts. “As It was last year that the company raised $175 million , led by StoicLane, to fund new technologies.
Interfirst Mortgage , the retail mortgage business he founded in 2001, had grown to $14.5 In November, Interfirst issued pink slips to hundreds of non-commissioned loanofficers at its call centers in Charlotte, North Carolina and Rosemont, Illinois, according to WARN notices in both states. Building the plane while flying it.
News just broke that private equity investor LLR Partners announced strategic investments in two mortgage technology companies — Mortgage Coach and Sales Boomerang ( click here for article ). LLR is not a newcomer to mortgage technology or the overall fintech market. “Hey Clayton …” and a link. In 2016 LLR led a $26.5 No surprise here.
For example, time matters when an independent appraisal review is required on a correspondent loan, and speed of service is essential to a great experience for homeowners making a home equity finance decision. property through our field valuation services and analytics tools, and improve their workflows with our platform technologies.
If you have or will be receiving a gift from your family to help with your down payment, include this amount on your mortgage loan application. Remember, not all mortgage loans permit the use of gifts for a down payment. Since Assurance Financial’s founding in 2001 , we have aimed to service the loan industry differently.
Through this integration, Clear Capital will deliver an improved user experience for mortgage lenders and loanofficers ordering products that support appraisal modernization, such as Universal Data Collection (UDC ) , Desktop appraisals and Hybrid appraisals. To learn more about Encompass, visit [link].
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