Category : Mortgage

Gateway Earns Recognition from Fannie Mae’s STAR Program for Excellence in Mortgage Servicing
Mortgage News

Gateway Earns Recognition from Fannie Mae’s STAR Program for Excellence in Mortgage Servicing

Fintech News Desk
Gateway First Bank has earned Fannie Mae’s Servicer Total Achievement and Rewards™ (STAR™) Program recognition for Solution Delivery in 2021. “I am extremely proud of our team’s tireless commitment to the mission of strengthening families and communities.” “It’s especially impressive to earn this customer service-based recognition during a year of......
Intercontinental Exchange Announces Strategic Investment in tZERO Group
Investment Services Mortgage News

Intercontinental Exchange Announces Strategic Investment in tZERO Group

Fintech News Desk
Longtime ICE executive David Goone to be named tZERO’s new Chief Executive Officer Intercontinental Exchange, Inc., a leading operator of global exchanges and clearing houses and provider of mortgage technology, data and listings services, announced that it is making a strategic investment in tZERO, a leader in blockchain innovation and......
Paradatec Names Kim Weaver Director, Product Strategy
Mortgage News

Paradatec Names Kim Weaver Director, Product Strategy

Fintech News Desk
Former Fiserv executive hired to support client relations and product expansion for AI-based document classification and data extraction technology provider Paradatec, Inc., a top provider of AI-based document classification and data extraction technology for mortgage loan processing, announced that Kim Weaver has joined the company as director, product strategy. Weaver will work......
Nations Lending Expands Further in the Southwest with New Albuquerque Branch
Lending Mortgage News

Nations Lending Expands Further in the Southwest with New Albuquerque Branch

Fintech News Desk
Company taps industry veteran Matthew Berg to lead branch Nations Lending, a leading full-service national mortgage lender, announced the opening of an Albuquerque branch. The branch will be helmed by industry veteran Matthew Berg, who will be managing a team of five loan officers who funded $137 million in loan......
FormFree’s AccountChek Joins Forces With Freddie Mac for Industry’s First Automated Assessment of Direct Deposit Income
Mortgage News

FormFree’s AccountChek Joins Forces With Freddie Mac for Industry’s First Automated Assessment of Direct Deposit Income

Fintech News Desk
FormFree announced that its AccountChek digital asset verification service will support a first-of-its-kind solution from Freddie Mac that allows mortgage lenders to assess a prospective homebuyer’s income using direct deposit data. Available to mortgage lenders nationwide, Freddie Mac’s Loan Product Advisor® (LPASM) asset and income modeler (AIM) solution fulfills mortgage verification of assets (VOA) and......
Churchill Mortgage Selects Candor Technology’s Loan Engineering System to Bolster Automation Capabilities
Mortgage News

Churchill Mortgage Selects Candor Technology’s Loan Engineering System to Bolster Automation Capabilities

Fintech News Desk
Leading Lender Will Deploy Machine Underwriting Solution to Automate the Expert Scrutiny Required to Conduct Credit & Information Risk Analysis  Candor Technology announced it has signed its 60th client, Churchill Mortgage. Since its Loan Engineering System went into production in September 2020, Candor Technology has conducted more than 1.5M hands free underwrites for......
Arbor Private Label Mortgage Lender Closes $489 Million Multifamily Mortgage Loan Securitization
Mortgage News

Arbor Private Label Mortgage Lender Closes $489 Million Multifamily Mortgage Loan Securitization

Fintech News Desk
Arbor Realty Trust, Inc. announced the closing of a multifamily mortgage loan securitization totaling approximately $489 million (the “Securitization”). Arbor affiliate Arbor Private Label, LLC, originated the mortgage loans and was the loan seller and sponsor for the Securitization. The Securitization is the fourth for the Arbor Private Label multifamily......
MIM Provides Financing for $625 Million Timberland Transaction
Mortgage News

MetLife Investment Management Provides Financing for $625 Million Timberland Transaction

Fintech News Desk
Sustainably Managed Forests Provide Timber for Growing Housing Construction Market MetLife Investment Management (MIM), the institutional asset management business of MetLife, Inc., announced that it has placed long-term, first mortgage loans secured by approximately 832,000 acres of timberland and timber across the Southeastern United States. The financing allows Tamarack Timberlands......
InstaMortgage Adopts Finicity’s Mortgage Verification Services
Mortgage News

InstaMortgage Adopts Finicity’s Mortgage Verification Services

Fintech News Desk
—Faster approval is necessary for consumers to make smarter financial decisions about their mortgage needs— InstaMortgage, a tech-driven mortgage lender licensed in 26 states, announced that it has adopted technology provided by Finicity, a Mastercard company, to help consumers make smarter financial decisions through its safe and secure access to......
Sprout Mortgage Names Samuel Bjelac EVP, National Sales to Lead TPO Channel
Mortgage News

Sprout Mortgage Names Samuel Bjelac EVP, National Sales to Lead TPO Channel

Fintech News Desk
Sprout Mortgage, one of the nation’s largest non-QM originators and fastest growing lenders, is proud to announce that Samuel Bjelac has been promoted to Executive Vice President to lead Sprout’s National TPO Sales Channel, effective 2/7/22. Mr. Bjelac will take on an expanded leadership role as he continues to grow the business......
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