NewDay USA Is Five-Star Sponsor of Military Bowl Football Game

NewDay USA Is Five-Star Sponsor of Military Bowl Football Game

December 23, 2015 - NewDay USA Foundation to present $25,000 scholarship at halftime December 23, 2015— FULTON, MD — NewDay USA, a leading provider of VA loans, will once again be a five-star sponsor of this year’s Military Bowl presented by Northrop Grumman being held December 28, 2015, at the Navy-Marine Corps Memorial Stadium in Annapolis, Maryland. This year’s game features the…

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Assurance Financial Is Top Rural Housing Lender in Louisiana

December 23, 2015 - Assurance moves from #2 to #1 spot on USDA Rural Development ranking December 23, 2015 – Baton Rouge, LA – Assurance Financial Group LLC, an independent residential mortgage lender based in Baton Rouge, was the top retail originator of USDA guaranteed single-family rural housing loans in Louisiana in fiscal 2015, according to USDA Rural Development, an…

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Vantage Production Hires Tim Murphy as EVP of Sales

December 17, 2015 - Renowned former SourceMedia/Thomson Financial executive to lead sales effort for VIP sales acceleration technology platform December 17, 2015 – Red Bank, NJ –  Vantage Production LLC, a leading provider of advanced automated marketing and sales acceleration solutions for mortgage lenders, has named Timothy (Tim) Murphy to the post of Executive Vice President of Sales for the New York…

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LeaderOne Financial Corporation Names Steven Light Executive Vice President, Chief Strategy Officer

December 16, 2015 - Former Countrywide, Saxon and American Equity Mortgage executive to focus on growth initiatives as LeaderOne continues to expand its multi-state operations December 16, 2015 – Overland Park, KS – LeaderOne Financial, a Kansas City area-based mortgage banking company licensed in 38 states, announced the promotion of Steven Light to the newly created position of executive vice…

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Average Time to Close a Loan Increased to 49 Days According to Latest Origination Insight Report

December 16, 2015 - Loan closing rates at their highest point since tracking began in August 2011 December 16, 2015 – Pleasanton, Calif. – The average time to close a loan increased by 3 days to 49 total days in November, the longest time to close since February of 2013, according to the latest Origination Insight Report released by Ellie…

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Freedom Mortgage Wins 2015 Global Award for Excellence in BPM & Workflow

December 15, 2015 - Freedom named winner for second year in a row December 15, 2015 – Mount Laurel, NJ – Freedom Mortgage Corporation, a privately held, full-service residential mortgage lender licensed in all 50 states, was named winner of the prestigious 2015 Global Award for Excellence in BPM & Workflow for its business process management technology.  Jointly sponsored by…

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NewDay USA Names Tim Thompson Chief Financial Officer

December 15, 2015 - Wall Street veteran joins national VA mortgage lender December 15, 2015— Fulton, MD— NewDay USA, one of our nation’s leading VA lenders, has named Paul “Tim” Thompson III as its new chief financial officer. Thompson, a Wall Street veteran, is the former chairman and chief executive officer of The Darby Creek Company, an investment banking consulting firm….

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Ellie Mae Launches New Release of Encompass Mortgage Management Solution

December 14, 2015 - Encompass 15.2 Offers Overnight Rate Protection and Integrated AllRegs Investor Guidelines December 14, 2015 –PLEASANTON, Calif. – Ellie Mae® (NYSE: ELLI), a leading provider of innovative on-demand software solutions and services for the residential mortgage industry, today announced the 15.2 release of Ellie Mae’s Encompass all-in-one mortgage management solution. Encompass 15.2 offers compliance updates, overnight…

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Mortgage Network Opens Branch Office in Downtown Boston

December 11, 2015 - Growing lender adds 12 professionals to help borrowers in tight but improving market December 11, 2015 –Boston, MA – Mortgage Network, Inc., one of the largest independent mortgage lenders in the eastern U.S., opened a new branch office in downtown Boston and added 12 veteran mortgage professionals to help borrowers take advantage of the rebounding…

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The StoneHill Group Deemed Acceptable Third-Party Due Diligence Provider by DBRS

December 10, 2015 - Fast-growing mortgage QC provider accepted by leading ratings agency December 10, 2015 –Atlanta, GA – The StoneHill Group, a national provider of quality control, due diligence, and mortgage fulfillment solutions for mortgage lenders, banks and credit unions, announced it has been determined to be an acceptable third-party due diligence firm for DBRS-rated transactions. DBRS is…

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