California-based non-prime wholesale residential lender Citadel Servicing Corporation (CSC) has announced a major update to their product platform. Effective immediately, CSC will begin offering a 5/1 Hybrid Adjustable Rate Mortgage (ARM) and 5/25 Interest Only (IO) term. This now allows borrowers to ...
Read More »Prober & Raphael President Dean Prober Passes Away
Dean Prober, Senior Partner and President of the California-based firm of Prober & Raphael, has passed away. According to a media statement from Prober & Raphael, Prober passed away on March 1, 2018, surrounded by his family and following a battle ...
Read More »Veros VeroPACE Will Help PACE Lenders With Compliance
Veros Real Estate Solutions (Veros), a Santa Ana, California-based provider of data, analytics, and technology for the mortgage banking industry, has developed a solution for lenders specializing in PACE (Property Assessed Clean Energy) loans in the state of California, where new ...
Read More »Dworbell, Inc. Adds Eddie Seiler as VP
The Washington D.C.-based Dworbell, Inc., a trade association management firm providing public policy analysis and advocacy, has announced that Edward Seiler, Ph.D. has joined the firm in the role of VP, Research, and Economic Analysis. In this capacity, Seiler will lead economic research ...
Read More »The Industry Pulse: Updates on Black Knight, Old Republic, and More …
Which companies are merging, and what professionals are moving? See some highlights in this update of the housing and mortgage industries. Jacksonville, Florida-based Black Knight Inc.announced today that Rushmore Loan Management Services LLC, a multi-faceted residential mortgage servicer and lender located in ...
Read More »Ocwen Acquiring PHH Corporation for $360 Million
Ocwen Financial Corporation, an Atlanta-based financial services holding company, today announced a definitive agreement under which Ocwen will acquire all of the outstanding shares of PHH Corporation, a mortgage platform with established servicing and origination recapture capabilities, for approximately $360 ...
Read More »Industry Veteran Rick Sharga Returns to Carrington
California-based Carrington Mortgage Holdings has announced that Rick Sharga has rejoined the company as an EVP. In this role, Sharga will serve as the primary spokesman for Carrington, and will be responsible for public relations and communications, as well as ...
Read More »Rosenberg & Associates LLC Hires Two New Attorneys
The Bethesda, Maryland-based law firm of Rosenberg & Associates, LLC has announced that attorneys Megan Hirt and Nathan B. Greyard recently joined the law firm as associate attorneys in the firm’s Vienna, Virginia office. Megan Hirt holds Bachelor of Arts Degrees ...
Read More »Rushmore Signs Renewal for Black Knight’s LoanSphere Servicing System
Jacksonville, Florida-based Black Knight Inc. announced today that Rushmore Loan Management Services LLC, a multi-faceted residential mortgage servicer and lender located in Irvine, California; Dallas, Texas; and San Juan, Puerto Rico, has signed a renewal agreement for LoanSphere MSP, Black ...
Read More »The Industry Pulse: Updates on Morningstar, CoreLogic, and More …
Which companies are merging, and what professionals are moving? See some highlights in this update of the housing and mortgage industries. Chicago-headquartered Morningstar Credit Ratings has announced the appointment of Brian Grow as President of the company. In his new ...
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