News

Cloudvirga™, developer of intelligent mortgage point-of-sale (POS) platforms in Irvine, California, has appointed Steve DeSantis as its CFO. A seasoned technology finance executive, DeSantis will be responsible for driving Cloudvirga’s financial strategies to accelerate its growth.

PHH Corporation (PHH), headquartered in Mount Laurel, New Jersey announced that Albert Celini has joined the Company as SVP, Risk and Compliance. Celini will succeed Leith Kaplan and assume the role of Chief Risk and Compliance Officer of PHH Corporation, effective January 1, 2018.

IndiSoft, a technology development firm that specializes in systems for the financial services industry based in Columbia, Maryland, has added Hans Rusli and Amit Sheth to its advisory board. Sheth and Rusli each bring significant experience in the banking and financial services industries and will play vital roles in IndiSoft’s business strategy.

Potestivo & Associates, P.C. announced that Alexander Potestivo has been promoted to Associate Attorney. He will serve and represent the firm in the Chicago, Illinois, office assisting with matters related to creditors’ rights litigation and foreclosure.

DocMagic, Inc., a provider of fully-compliant loan document preparation, regulatory compliance, and comprehensive eMortgage services, announced that Jonathan Kearns has been appointed to the Mortgage Industry Standards Maintenance Organization (MISMO) Residential Standards Governance Committee.    “We congratulate Jonathan on his appointment ...

OwnAmerica, an online marketplace for single-family rental investments (SFR) announced the conclusion of 21 transactions totaling 656 homes. The company reports a surge in supply and demand for mid-sized SFR portfolios. According to the release, 16 million SFR homes currently ...

HouseCanary recently announced it has expanded its Agile Appraisal Management Platform further through partnerships with appraisal management company AXIS Appraisal Management Solutions and Mercury Network. Utilizing HouseCanary's robust data and analytics with the expertise of local appraisers—Agile Appraisal enables delivery ...

On Tuesday, the Committee on Banking, Housing, and Urban Affairs will meet in an Executive Session to further consider the nomination of Jerome Powell as Chairman of the Federal Reserve. See what else is in store for The Week Ahead.

Black Knight's new robotics capabilities can help lenders improve operational efficiencies and loan cycle times, as well as reduce loan origination costs.

Grace A. Huebscher is an executive with decades of experience in the real estate and capital markets industries. She is a former member of the Commercial Board of Governance of the Mortgage Bankers Association.