STRATMOR: Lenders Turn to Alternative Technologies as Loan Origination Costs Continue to Climb

STRATMOR: Lenders Turn to Alternative Technologies as Loan Origination Costs Continue to Climb

May 23, 2019 - Mortgage advisory firm looks at two technology options for lenders May 23, 2019 – GREENWOOD VILLAGE, CO –  As mortgage loan origination costs continue to climb, a growing number of mortgage lenders are starting to consider alternatives to the traditional loan origination system (LOS) deployment, mortgage advisory firm STRATMOR Group reports. The average cost to…

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MAXEX Receives Investment from New Strategic Investor

May 16, 2019 - With the AGNC investment, MAXEX has raised over $90 million in capital to date May 16, 2019 – ATLANTA, GA – MAXEX, LLC, a residential mortgage loan exchange, announced today the closing of a Series B investment round that was led by AGNC Ventures, an affiliate of AGNC Investment Corp. (“AGNC”) and included the participation…

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BSI Financial Adds Three Executives to Management Team

May 16, 2019 - Expanded management team will support the company’s sustained growth and expansion Irving, Texas – May, 16, 2019 – BSI Financial Services, a mortgage-centric financial services company, announced it has added three new members to its management team to fill roles that are key to its growth strategy. Jean-Marc Eichner and Adam Rider have joined the…

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SLK Global Solutions Announces New Mortgage Leadership

May 16, 2019 - Nate Johnson will oversee next wave of new mortgage technology and service products May 16, 2019 – NEW YORK – SLK Global Solutions, a business process transformation enterprise serving four of the top 25 banks, announces that it has hired a new leader for its U.S. mortgage business. Nate Johnson, who has been in financial…

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SLK Global’s RETS now offers ‘Customized’ Tax Services for Commercial Mortgage Servicers

May 14, 2019 - The RETS solution can be tailored for a servicer’s portfolio size and individual needs May 14, 2019 – LOS ANGELES – SLK Global Solutions has announced it will offer customized tax services for commercial mortgage servicers through its Real Estate Tax Service Platform (RETS). Tax services will be customized based on the size and individual…

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WFG Lender Services Announces “Five-Second” Title Report

May 9, 2019 - DecisionPoint reduces application drop-out rates by providing lenders with an instant title grade and report May 9, 2019 – Portland, Ore.  – WFG Lender Services, in conjunction with its affiliated title insurance underwriter, WFG National Title Insurance Company (WFG), a Portland-based, full-service provider of title insurance and real estate settlement services, announces DecisionPoint, a new…

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Sofia Travayiakis of Mortgage Network Inc. Recognized as ‘Top Originator’

May 8, 2019 - West Roxbury branch manager recognized twice by Scotsman Guide magazine May 8, 2019 – DANVERS, MA – Mortgage Network, Inc., one of the largest independent mortgage bankers in the eastern U.S., announced that Sofia A. Travayiakis, branch manager and senior loan officer with the company’s West Roxbury, Massachusetts branch, was recently recognized as both a…

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Azimuth GRC Releases Automated Compliance Software

May 6, 2019 - By reducing manual tasks, the Azimuth GRC platform enables companies to demonstrate compliance with industry regulations at a lower cost  May 6, 2019 — Jacksonville, FL — Azimuth GRC LLC today announced the official release of its automated regulatory compliance software in its first module for the mortgage industry. The innovative Azimuth GRC platform provides…

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NewDay USA CEO Rob Posner Announces Renewed Warehousing to Fund Operation Home

May 6, 2019 - Nation’s 8th largest VA mortgage lender has secured over $400 million in warehouse facilities May 6, 2019 – FULTON, Maryland – Rob Posner, founder and CEO of NewDay USA, the nation’s 8th largest VA mortgage lender, announced the company has renewed its warehouse facility with BankUnited for $100 million.  The company now has a total…

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Brandon Baker Named President of WFG National Title Insurance Co.’s Dallas-Fort Worth Division

May 3, 2019 - Industry veteran is looking to add new sales people in the region May 3, 2019 — Portland, Ore. — WFG National Title Insurance Company (WFG), a Portland-based, full-service provider of title insurance and real estate settlement services for commercial and residential transactions nationwide, announces that Brandon Baker has been named the new president of the…

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