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Auction.com Promotes Chief Technology Officer

amit aggarwal promoted to CTO auction.com

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. ...

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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 ...

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Home Point Financial Welcomes Managers to Team

home point financial welcomes new hires

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 ...

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Embrace Home Loans & Finicity Streamline Borrower Approvals

GSE loans

Embrace Home Loans, a growing, digitally focused mortgage lender, announced that its borrowers can now rapidly verify assets through a digital experience, eliminating the need for borrowers to print, copy, and email paper bank statements, thereby reducing the process to secure a mortgage by up to a week or more.

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State Supreme Court Issues Foreclosure Ruling

foreclosure and claim preclusion

A recent ruling by the Wisconsin Supreme Court clarifies the rules regarding further foreclosure actions after an initial attempt has been dismissed by the courts. What potential implications does this case hold for the industry at large?

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Home Equity Soars, But How High?

home equity

A new report explores equity gains among U.S. homeowners between the first quarters of 2017 and 2018. How do all those numbers break down, and what does it mean for the housing market?

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Calidant Capital Partners with Five Star Institute

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 ...

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CFPB vs. PHH—An Unexpected Conclusion

gavel

A years-long legal battle between the Bureau and PHH centered on accusations of illegal kickbacks. Read on to find out why the Bureau decided to drop the case, and what this means for the lender and servicer.

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