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Author Archives: Rachel Williams

Rachel Williams attended Texas Christian University (TCU), where she graduated with Magna Cum Laude with a dual Bachelor of Arts in English and History. Williams is a member of Phi Beta Kappa, widely recognized as the nation’s most prestigious honor society. Subsequent to graduating from TCU, Williams joined the Five Star Institute as an editorial intern, advancing to staff writer, associate editor and is currently the editor in chief and head of corporate communications. She has over a decade of editorial experience with a primary focus on the U.S. residential mortgage industry and financial markets. Williams resides in Dallas, Texas with her husband. She can be reached at [email protected].

Quicken Rocketing Toward E-Lending Expansion

The company that first made waves on the national stage for its online mortgage platform during the 2016 Super Bowl ad, announced today that it has struck a partnership that will expand online mortgage lending.

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Cyprexx Expands InvisiBoard Offerings

Brandon, Florida based Cyprexx Services, LLC has launched new, more cost effective sheet sizes of its InvisiBoard polycarbonate in addition to providing select InvisiBoard products on Amazon.

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THL Completes Majority Acquisition of Ten-X

Thomas H. Lee Partners, L.P. (THL), a private equity firm investing in middle market growth companies, announced that it has closed the acquisition of a majority interest in Ten-X, LLC (Ten-X), a leading online real estate marketplace. Members

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Ellie Mae Celebrates Velocify Acquisition

Ellie Mae®, a cloud-based platform for the mortgage finance industry based in Pleasanton, California, announced that it has completed its acquisition of Velocify, a sales acceleration platform. The company’s acquisition was spurred in part to align with Ellie Mae’s goal to offer a fully digital mortgage.

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Waters Introduces Bill Targeting Big Banks

On Wednesday Congresswoman Maxine Waters (D-California) issued a warning to big banks in the form of a new bill that if made into law would allow regulators to break up mega banks that have a record of repeated customer complaints.

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Ask the Economist: Eddie Seiler

DS News sits down with Dr. Edward Seiler, Chief Housing Economist at Summit Consulting, to discuss HUD budget cuts, promoting homeownership, and more in this Q&A. Editor's Note: This article was originally featured in the July issue of DS News, available now.

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Paradatec’s WriteUCD Is Approved by Freddie Mac

Paradatec, Inc., based in Cincinnati, Ohio, announced Thursday its WriteUCD module has been verified as a technology integration vendor for Freddie Mac’s Loan Advisor platform as it satisfies the requirements of the GSE’s Uniform Closing Data files. A provider of optical character recognition solutions, Paradatec’s WriteUCD takes data from mortgage closing disclosure documents “in mere seconds per page” and then transfers it to the new required format. In fact, Paradatec claims to provide “quick and accurate identification of over 500 unique documents in the typical mortgage file,” and it is adapting to new industry standards.

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