Category: Press RELEASES
STRATMOR: Current Mortgage Market Cycle is Unlike Previous Downturns
November 21, 2022 -
This down cycle is tougher than most, but it will likely be shorter-lived than prior cycles November 21, 2022 – GREENWOOD VILLAGE, Colo., – The current mortgage market down cycle is different from any downturn the industry has experienced in the past, according to the November issue of STRATMOR Group’s Insights Report. STRATMOR Senior Partner…
Blue Sage Partners With PointServ to Lower Borrower Verification Costs
November 21, 2022 -
‘Groundbreaking’ integration enables lenders to save up to $50 per loan when accessing digital VOA, VOE and VOI reports November 21, 2022 – Englewood Cliffs, NJ – Blue Sage Solutions LLC, developers of the mortgage industry’s leading browser-based, end-to-end mortgage lending system, announced it has partnered with PointServ Technologies, a pioneer in providing borrower asset…
Leading Southwest Florida Homebuilder Names Embrace Home Loans a Preferred Lender
November 10, 2022 -
Top-ranked lender will provide mortgages for Christopher Alan Homes customers Nov. 10, 2022 – MIDDLETOWN, R.I. – Embrace Home Loans, a top-ranked national mortgage lender, announced it is now a preferred lender of Christopher Alan Homes (CAH), a leading homebuilder in Southwest Florida. Under the arrangement between the two companies, CAH will recommend Embrace to buyers of its newly built…
Lenders One Opens Branded Mortgage Branch Location at Select Walmart Store in Orlando, FL
November 1, 2022 -
Walmart-based Mortgage Branches powered by Lenders One members offer prospective homebuyers and homeowners access to mortgage origination solutions within the community where they shop, live and work November 1, 2022 – EL PASO, TX – Lenders One® Cooperative, a national alliance of independent mortgage bankers, banks and credit unions, and managed by a subsidiary of…
STRATMOR: Mortgage M&A Deals Up in 2022, More to Come in 2023
October 31, 2022 -
Latest report provides strategic advice for lenders considering an exit strategy October 31, 2022 – GREENWOOD VILLAGE, Colo., – Mergers and acquisitions (M&A) in the mortgage industry have increased in 2022, and the consolidation will continue in 2023, according to STRATMOR Group’s October Insights Report. “By the end of 2022, we anticipate that nearly 50…
LoanLogics Announces Changes at the Top
October 27, 2022 -
After setting the stage for the company’s next level of growth, mortgage tech veteran Bill Neville retires as Dave Parker becomes the next CEO —Restructured leadership team optimized to help industry weather current market storm— October 27, 2022 – Jacksonville, FL – LoanLogics, a recognized leader in loan quality technology for mortgage manufacturing and loan acquisition,…
Mortgage Network Opens New Quincy, Massachusetts Office
October 26, 2022 -
Branch manager says it’s still a seller’s market, but increased inventory will help local homebuyers October 26, 2022 – DANVERS, MA – Mortgage Network, Inc., one of the largest independent mortgage lenders in the eastern U.S., has opened a new office in Quincy, Massachusetts to better serve homebuyers and homeowners throughout the area. Led by…
Blue Sage Solutions and Paradatec Team Up to Increase Correspondent Efficiency
October 25, 2022 -
Integration automates workflow and document analysis to enhance loan submission October 25, 2022 – Englewood Cliffs, N.J. and Cincinnati, Ohio – Blue Sage Solutions, LLC and Paradatec, Inc. recently integrated their industry-leading solutions to improve delivery and turn times for correspondent loan sales and submissions, including automating document checks and audits. Blue Sage, developers of…
GO Mortgage Launches Non-QM Single Close Construction Loan
October 24, 2022 -
New product fills market void for self-employed and investor clients seeking to build homes October 24, 2022 – COLUMBUS, Ohio – GO Mortgage, a nationwide, independent mortgage bank licensed in 36 states and the District of Columbia and a subsidiary of GO Companies, today launched an innovative non-QM construction loan program designed to provide greater…
NewDay USA Sign Is New Addition to West Palm Beach Skyline
October 24, 2022 -
Company is considering relocating its Maryland headquarters to ‘Wall Street South’ Oct. 24, 2022 – WEST PALM BEACH, Fla. – NewDay USA, a Fintech company and one of the nation’s leading VA mortgage lenders, announces it is expanding and taking occupancy with 250 employees in the top two floors of 360 Rosemary, a 20-story, 297,000-square-foot…