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Deephaven Mortgage Hires Andy Spicer as Vice President of Client Development, Correspondent

Appraisal Buzz

Andrew “Andy” Spicer recently joined non-agency lender Deephaven as vice president of client development, correspondent. Most recently, he directed midwest sales with Caliber Home Loans/Correspondent Lending, and he has held similar positions with MetLife, Bank of America and Washington Mutual Savings Bank.

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Fintech Maxwell acquires digital lending platform Revvin 

Housing Wire

Maxwell , a Wells Fargo -backed mortgage fintech, announced Wednesday that it has struck a deal to acquire the digital lending platform Revvin ( formerly known as MortgageHippo ) to enhance its point-of-sale technology. The financial terms of the transaction have not been disclosed.

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Acra Lending launches new jumbo prime program

Housing Wire

Acra Lending, one of the largest independent non-QM specialty finance lenders, has added to its suite of mortgage loan programs with the launch of its Jumbo Prime mortgage solution. To find out more about this program and Acra’s suite of mortgage lending options for mortgage professionals, visit the company’s new website at acralending.com.

Lending 355
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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 337
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Increasing competition in private lending: How to stand out

Housing Wire

The rise of private lending Private lenders disrupted the monopoly of traditional banks and the private lending market has since seen a remarkable rise, reaching $1.5 With the rise of private lending comes an increase in competition, from new and traditional lenders.

Lending 360
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Building resilience: Acra Lending’s blueprint for Non-QM lending success

Housing Wire

The complexities of Non-QM lending demand a strategic approach that combines innovation, efficiency, and resilience. Acra Lending has positioned itself at the forefront of this sector by investing in its workforce, optimizing processes, leveraging cutting-edge technology, and building a robust infrastructure. Craig Timmins.:

Lending 343
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Driving Mortgage Innovation: How AI and digital lending are transforming the industry

Housing Wire

If we learned anything from HousingWire’s recent AI Summit , artificial intelligence (AI) is rapidly reshaping lending by streamlining processes, reducing costs, and enhancing the overall borrower experience. In addition, the regulatory environment is ever-changing and with it comes increased burdens on the lending industry.

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