Category: Press RELEASES
STRATMOR Group: 2020 Mortgage M&A Deals Are Game Changers
October 29, 2020 -
Record-breaking transactions are drawing investors from outside the industry— and prompting some companies to question if and when a deal is right for them October 29, 2020 – GREENWOOD VILLAGE, CO – The unprecedented margins mortgage lenders are realizing in 2020 are resulting in a record year for mergers and acquisitions, according to the latest…
Michael McSharry Joins Mortgage Network’s Boston, Massachusetts Office
October 27, 2020 -
Company’s newest loan officer offers advice for buyers dealing with bidding wars; says homeowners thinking of refinancing should do so before December October 27, 2020 ─ DANVERS, MA – Mortgage Network, Inc., one of the largest independent mortgage lenders in the eastern U.S., announced that Michael McSharry has joined the company’s Boston, Massachusetts branch as…
NewDay USA Projected to More than Double Revenue in 2020 to Over $300 Million, Serving More than 20,000 Veteran Families
October 20, 2020 -
Company estimated to earn over $500M in revenue in 2021 Oct. 20, 2020 – WASHINGTON – NewDay USA, one of the nation’s leading veteran mortgage lenders, today announced that it will surpass its 2020 estimates more than doubling its revenue to over $300 million this year, up from $152 million in 2019. It is on…
Altisource Emails Directors of Front Yard Residential Supporting William Erbey’s Call to Return Capital to Stockholders via an Orderly Liquidation
October 13, 2020 -
Email supports a recent letter issued by Altisource William C. Erbey to Front Yard’s Chair calling for the orderly liquidation of the Front Yard LUXEMBOURG, October 13, 2020 – Altisource Portfolio Solutions S.A. (NASDAQ: ASPS), an integrated service provider and marketplace for the real estate and mortgage industries, today emailed the open letter below to…
Bill Erbey Calls on Front Yard Residential to Return Capital to Stockholders via an Orderly Liquidation
October 7, 2020 -
Letter Issued by William C. Erbey to Front Yard’s Chair Makes Clear that Front Yard’s best option to create shareholder value is the orderly liquidation of the Company. Oct. 7, 2020 – US VIRGIN ISLANDS – William C. Erbey recently issued the below open letter to the Chair of the Board of Directors of Front…
CBC Mortgage Agency’s CRA Note Exchange Funds $14 million in Affordable Home Loans
October 5, 2020 -
Unique program enables banks to gain Community Reinvestment Act credits while funding down payment assistance and affordable lending programs for first-time homebuyers Oct. 5, 2020 – CEDAR CITY, Utah – CBC Mortgage Agency (CBCMA), a nationally chartered housing finance agency and a leading source of down payment assistance for first-time homebuyers, announced that, so far…
LoanLogics CEO Bill Neville Wins 2020 HW Vanguard Award
October 1, 2020 -
HousingWire magazine recognizes 25-year technology veteran for outstanding leadership October 1, 2020 — Trevose, PA — LoanLogics, a recognized leader in loan quality technology for mortgage manufacturing and loan acquisition, announced CEO Bill Neville has been named a 2020 HW Vanguard Award winner by HousingWire magazine for outstanding leadership in the housing finance industry. Since…