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Polly appoints former exec at ICE Mortgage Technology as COO

Housing Wire

Coggiola’s efforts were focused on developing Ellie Mae to become a software-as-a-service (SaaS) provider from an on-premise solution, rounding out his time there as SVP of product management. Polly’s “client-centricity” attracted him to the business, he noted. before it was acquired by ICE in 2020.

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Class Valuation acquires AMC Valuation Connect

Housing Wire

“We share a core value in that we are not afraid to roll up our sleeves to help our clients win. According to Class, the two companies align on important issues, including culture, service, efficiency and technology development. Combining forces is going to be a win-win for all stakeholders.”

Valuation 435
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PennyMac pays $158M to Black Knight in servicing platform dispute

Housing Wire

The dispute between the companies started in 2019 when Black Knight accused PennyMac of copying its mortgage servicing platform, MSP, to create its Servicing Systems Environment (SSE) technology. Since we launched the system in 2019, it has performed extremely well, meaningfully enhancing capabilities while helping to drive down costs.

Legal 447
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Movement Mortgage invests $200M into charter school network

Housing Wire

Retail lender Movement Mortgage has invested $200 million to expand its nonprofit Movement Foundation , and to accelerate the development of its growing charter school network. The investment will also aide in the development of adjacent affordable housing and health clinics in Central America, the company said in a statement this week.

Investing 418
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Anywhere senior executive makes the move to Lamacchia Realty

Housing Wire

On Friday, the Anthony Lamacchia -helmed firm announced that Atallah had recently joined Lamacchia Realty as its new senior vice president of business development. Prior to joining Lamacchia Realty, Atallah served as senior vice president of sales, development and M&A at Anywhere since May 2023.

Realty 448
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People movers: PropertySync, MCS, Gateway, Planet Home Lending

Housing Wire

Mortgage Contracting Services , a national provider of residential and commercial property services, hired Jason Myers as vice president of business development. In his new role, Myers will oversee new client acquisition, emerging market expansion, new product growth with existing clients and sales strategy.

Lending 397
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Polly appoints Cheryl Messner as chief customer officer

Housing Wire

Additionally, Messner will act as a liaison between clients, product development, and technical teams to provide valuable customer insights for the development of impactful features and new functionality. Prior to that, Messner held senior and executive-level roles in client services.