Which companies are merging, and what professionals are moving? See some highlights in this update of the housing and mortgage industries.
Jacksonville, Florida-based Black Knight Inc.announced today that Rushmore Loan Management Services LLC, a multi-faceted residential mortgage servicer and lender located in Irvine, California; Dallas, Texas; and San Juan, Puerto Rico, has signed a renewal agreement for LoanSphere MSP, Black Knight’s industry-leading servicing system. MSP’s innovative technology will continue to support Rushmore Loan Management’s efforts to remain compliant with regulatory requirements.
“We are pleased to continue our relationship with Black Knight, and use the MSP platform to effectively manage our servicing processes and support our compliance efforts,” said Terry Smith, CEO, Rushmore Loan Management. “The addition of Lien Alert to notify us of certain changes in lien status will serve as a valuable tool to assist our teams in proactively addressing at-risk loans.”
Florida-based Old Republic National Title Insurance Company (ORNTIC) has unveiled a national digital strategy that involves the exclusive use of Pavaso’s eClosing solution for processing digital real estate transactions in ORNTIC's direct and national settlement operations. According to a release by ORNTIC, Pavaso's eClosing platform uses digital technology that facilitates fast, consistent, accurate and compliant closings. This solution offers a better consumer, title agent, and lender experience by using a single, collaborative, secure portal.
“Technological advances as well as shifting market demands and demographics make it clear that the title insurance industry is moving quickly into the digital space,” said Rande Yeager, Chairman, and CEO, Old Republic National Title Holding Company. “Our early support and commitment to the development and implementation of Pavaso represent a significant tactical step in advancing our offerings to today's customers and tomorrow's capital markets. The goal of our digital strategy is to provide eClosing experiences that are streamlined for everyone.”
Fintech company FormFree announced the availability of its AccountChek automated asset verification service within LendingQB’s web-based loan origination software (LOS). The integration enables lenders to order AccountChek Asset Reports directly from LendingQB’s verifications dashboard. FormFree’s flagship AccountChek service lets borrowers demonstrate their ability to repay mortgage loans without tracking down bank statements or other asset documents. The secure process results in a smoother borrower experience that reduces loan processing and underwriting time as well as the total time required to close a loan.
FormFree was the first asset verification provider approved to participate in Fannie Mae’s Day 1 Certainty initiative.
“AccountChek provides an ultra-secure and convenient way for borrowers to submit asset and deposit data using any smart device—and now, through our integration with LendingQB, the experience is just as secure and convenient for the loan officer or processor initiating the AccountChek process,” said Brent Chandler, CEO and Founder of FormFree.
The Bethesda, Maryland-based law firm of Rosenberg & Associates, LLC has announced that attorneys Megan Hirt and Nathan B. Greyard recently joined the law firm as associate attorneys in the firm’s Vienna, Virginia office. Megan Hirt holds Bachelor of Arts Degrees in Anthropology and in History from the University of Maryland, College Park and a Juris Doctorate from the University of Baltimore Law School. She practices real estate law with a focus on foreclosure and creditors’ rights. Megan is admitted to practice in the jurisdictions of Maryland, Virginia and the District of Columbia. She is a member of the Maryland State Bar, Virginia State Bar, and District of Columbia Bar.
Nathan B. Greyard holds a Bachelor of Arts from James Madison University and a Juris Doctor from the University of Richmond School of Law (cum laude). While in law school, Nathan was the Articles Editor for the Richmond Journal of Global Law and Business. Nathan practices real estate law, focusing on foreclosure, bankruptcy, litigation, and evictions. Nathan is a member of the Virginia State Bar and is admitted to all the state courts of Virginia and the U.S. Bankruptcy Courts for the Eastern and Western Districts of Virginia. Nathan is a member of the Northern Virginia Bankruptcy Bar Association.
Rubin Lublin, LLC (RL) recently announced that Bret J. Chaness has been elected as a Partner at the firm. Chaness concentrates his practice in the areas of real estate, mortgage default, and bankruptcy litigation. RL is a full-service mortgage default law firm delivering professional results and personalized service to its clients in the states of Georgia, Tennessee, Mississippi, and Alabama. Chaness is based in the firm’s Peachtree Corners, Georgia office.
Chaness represents clients in a wide variety of complex civil litigation and bankruptcy matters involving contract disputes, real estate and quiet title actions, and lien priority actions. Chaness has been clerking at the firm since his second year of law school and, while a law student, he won the Exemplary Real Property Law Student Award from the State Bar of Georgia and was a member of the Emory Moot Court Society, competing in the Jessup International Law Moot Court Competition.
North Dallas Bank & Trust Co. (NDBT), a Fort Worth, Texas-based community bank with five banking centers across North Texas, unveiled its new brand, capturing its 57-year, legacy, and contemporary, personalized service. NDBT collaborated with Fort Worth-based advertising agency PAVLOV to develop and implement the new NDBT brand and tagline “Be Money-Wise.” The new brand reflects the bank’s plans for the future, as it blends time-honored traditions with a more modern approach to customized service. NDBT’s strong breadth of offerings includes a passionate staff dedicated to helping people make smarter choices in business and life, innovative online banking tools, and nearly 60 years of banking expertise.
“We are very excited about our fresh new look and believe the new design and messaging honors the essence of NDBT’s long history and customer-centric culture,” said Larry Miller, President of NDBT. “It also demonstrates our commitment to consistently deliver excellence as we serve our customers and our communities for years to come.”