New capabilities will assist lenders in calculating income more quickly and precisely, thus reducing risk and helping serve more qualified borrowers.
Read More »Radian Appoints Sumita Pandit SVP and CFO
Replacing J. Franklin Hall as CFO, Pandit will be responsible for Radian’s financial functions, reporting, planning and analysis, enterprise capital planning, investment portfolio management, and investor relations.
Read More »Sagent Extends Partnership With American Savings Bank
New seven-year deal enables Hawaii-based bank to offer real-time mortgage servicing to help power the customer experience.
Read More »Ginnie Mae Announces Two New Key Appointments
As Ginnie Mae continues its search for a permanent COO, Laura M. Kenney has been named Senior Advisor for Strategic Operations, in addition to Britt Van being appointed as Special Advisor to the President.
Read More »HUD Strengthens Standards, Publishes Final Rule for Rental Assistance Programs
The U.S. Department of Housing and Urban Development has published the Final Rule for the National Standards for the Physical Inspection of Real Estate in the Federal Register, which will be effective July 1 and October 1 for all rental assistance programs.
Read More »Mr. Cooper Group to Acquire Home Point Capital
In a deal for $324 million in cash, the acquisition of Home Point’s $84 billion servicing portfolio is expected to contribute to Mr. Cooper’s return on equity, with estimated 10% accretion to operating earnings within the first year.
Read More »Sagent Opens Operations in India
Mortgage servicing fintech provider adds 120-plus members to its workforce by launching its non-U.S. headquarters in Chennai, India, following agreement with Mr. Cooper.
Read More »Cenlar Names Michael Biddle Chief Data Scientist
With 20-plus years of experience under his belt, Cenlar adds veteran to procure and gather data, as well as instituting AI solutions for the company’s newly launched Mortgage Information Factory.
Read More »Sagent Extends DCU Partnership for Five More Years
The deal extension expands the usage of Sagent’s LoanServ fintech platform across Digital Federal Credit Union’s mortgage servicing lifecycle.
Read More »Mortgage Compliance Expert Michael S. Waldron Becomes Executive Advisor to Five Star Institute
As part of the partnership, Waldron's Compliability Solutions LLC, an advisory services and staffing firm that helps companies in real estate finance create and optimize compliance strategies, also joins Five Star’s Legal League as an Associate Member.
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