NewDay Financial Fined $2 Million For Deceptive Mortgage Advertising And Kickbacks
The Consumer Financial Protection Bureau (CFPB) has fined NewDay Financial, a Maryland-based, private, non-bank mortgage lender owned by Chrysalis Holdings, for $2 million for...
Appraisal Scope Platform Utilizes Platinum Data’s RealView
Appraisal Scope, an appraisal tracking and management software provider, and Platinum Data Solutions, a provider of collateral valuation technology solutions, have recently integrated...
Paul Weech Named President And CEO Of NeighborWorks
Paul Weech has been appointed president and CEO of NeighborWorks, a trainer of community development and affordable housing professionals, by the organization's board...
NetDirector Deploys Auction.com Integration
NetDirector, a provider of cloud-based data and document exchange services for the mortgage servicing industry, recently launched the Auction.com interface. The company's developers...
Visionet Hires Norman Gottschalk As CTO For BPO Team
Norman Gottschalk has joined Visionet Systems Inc. as chief technology officer (CTO) for the company's business process outsourcing (BPO) division. Gottschalk has 25...
MCS Announces Personnel Changes Following Acquisition Of CoreLogic Units
In a round of personnel changes resulting from its recent acquisition of the collateral solutions and field services divisions of CoreLogic, Mortgage Contracting...
Fannie and Freddie Announce Holiday Eviction Moratorium
Government-sponsored enterprises (GSEs) Freddie Mac and Fannie Mae have suspended evictions on all occupied, foreclosed single-family properties through Jan. 2, 2015. This holiday...
MCS Valuations Builds Up Management Team
MCS Valuations LLC (MCSV), a nationwide provider of appraisals, broker price opinions and other valuation-related review products to the financial services industry, has...
Wang And Partch Join Cantor In Whole Loan Sales And Trading
Gary Wang and Karl Partch have joined global financial firm Cantor Fitzgerald as managing directors, effectively expanding the company's whole loan sales and...
Quint To Retire And Hall To Be Appointed Radian CFO
Executive vice president (EVP) and chief financial officer (CFO) C. Robert Quint will retire from Radian Group Inc. at the end of 2014,...
Pacific Union Financial Selects OpenClose’s LOS
Irving, Texas-based Pacific Union Financial, a full-service mortgage company with operations and sales centers located across the country, is now using OpenClose's multi-channel,...
Platinum Home Mortgage Hires Lynnette Gilbert As Regional Manager
Lynnette Gilbert recently joined nationwide residential mortgage lender Platinum Home Mortgage Corp. as a regional manager in charge of building new sales and...
Capsilon Adds Cenlar FSB, Deutsche Bank And PennyMac To DocVelocity
In response to customer demand, Capsilon, a provider of comprehensive cloud-based document and data management solutions for mortgage lenders and investors, has added...
RoundPoint Connects Disgruntled Borrowers Directly To Its Consumer Ombudsman
RoundPoint Mortgage Servicing Corp. has upgraded its customer service by giving borrowers the ability to escalate disputes directly to its in-house Consumer Ombudsman....
New Enhancements For ISGN’s Default Servicing Platform
Mortgage technology provider ISGN has enhanced its Web-based, end-to-end default management platform, Tempo, by adding new features that help servicers, attorneys and vendors...
HomeStreet Bank Using TeleVoice’s Screen Pop Technology
In an effort to improve customer service, Seattle-based HomeStreet Bank is now using TeleVoice's screen pop technology in its mortgage servicing department. The...
DST Taps Doring Lloyd To Head Business Development
Doring Lloyd recently joined Default Servicing Technologies LLC, creator of the DispoSolutions REO management platform and the ValuationSolutions enterprise collateral valuation management technology,...
Sherwood Named President And Farrell CFO For National MI
Effective Jan. 1, 2015, Jay Sherwood will be promoted to president of NMI Holdings Inc. and its subsidiary company National Mortgage Insurance Corp....
Caliber Home Loans Expands Fresh Start Program
Caliber Home Loans Inc., a full-service national mortgage lender and agency direct seller/servicer, has expanded its Fresh Start Program to allow more eligible...
Inlanta Mortgage Expands Footprint In Michigan
Brookfield, Wis.-based Inlanta Mortgage Inc. has added a new branch office in Grand Haven, Mich., managed by longtime local resident and loan originator...