In a report released by the Executive Office of the President, the administration recommended significant changes to Fannie Mae and Freddie Mac, including ending their conservatorship and reducing the role of the GSEs in the market.
Read More »LRES Corporation Brings Industry Veteran to Team
LRES Corporation, an Orange, California-based residential and commercial real estate services company that provides nationwide valuations, REO asset management, and HOA solutions for the mortgage and real estate industry, has welcomed Frank Obregon as its commercial appraisal manager. Obregon holds ...
Read More »Auction.com Promotes Chief Technology Officer
California-based Auction.com, the nation's largest real estate marketplace for distressed asset disposition, announced that due to strong market demand driving a significant expansion of its technological infrastructure, Amit Aggarwal has been promoted to Chief Technology Officer to oversee this initiative. ...
Read More »Pavaso Hires EVP of Operations
Pavaso, the Texas-based developer of the industry’s only digital closing platform that brings lender, title and borrower together in one single digital portal, has appointed Cheryl Baillis as EVP of Operations. Baillis brings valuable insight and leadership to Pavaso’s executive ...
Read More »Home Point Financial Welcomes Managers to Team
Home Point Financial Corporation (Home Point), a Michigan-based national, multi-channel mortgage originator and servicer, announced the addition of Joe Griffin and Lynn Collins as Correspondent Institutions Managers. “Home Point’s Institutions Group is known for providing forward-looking, comprehensive services to their ...
Read More »Calidant Capital Partners with Five Star Institute
Calidant Capital, a Texas-based private investment firm, announced today that it has made an equity capital investment in The Five Star Institute, a national trade association which holds conferences, produces publications, and maintains membership organizations for the mortgage industry. Calidant’s ...
Read More »Pavaso and OS National Pair to Provide Digital Closing
Pavaso, Plano, Texas-based mortgage technology provider and developer of the industry’s only truly end-to-end digital closing platform, has partnered with OS National LLC (OSN), a nationally recognized provider of title and settlement services, to deliver a complete digital closing program. ...
Read More »Calyx Software Welcomes National Sales Manager
Calyx Software, a San Jose, California-based provider of comprehensive mortgage software solutions for banks, credit unions, mortgage bankers, wholesale and correspondent lenders and brokers, has announced that David McLeod has joined the company as National Sales Manager. In this role, ...
Read More »RoundPoint Moves Headquarters
RoundPoint Mortgage Servicing Corporation, a fully-licensed agency and non-agency subservicer of residential mortgages, has announced that it is relocating its headquarters to York County, South Carolina. The company’s $34 million investment is projected to create 1,100 new jobs. Located at ...
Read More »Sapphire Ventures Hires Former Trulia President, COO
Paul Levine, former COO and President of Trulia, has joined Sapphire Ventures, a Palo Alto, California-based venture capital firm with $2.5 billion under management that invests in emerging growth-stage companies and early-stage venture funds, as partner. In this role, Paul will ...
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