Tag Archives: Lending

Bethesda, Maryland-based Walker & Dunlop, Inc. has hired a new, multifamily-focused investment sales team in Boston, Massachusetts. The team allows the continued expansion of the company’s banking and brokerage platform in pursuit of its mission to build the premier commercial ...

As head of Home Lending Retail, Hilzendeger will oversee nearly 15,000 retail production team members in mortgage and home equity sales, underwriting, fulfillment and support functions.

Utah-based Finicity, a financial data aggregator specializing in credit decisioning, has announced an integration agreement with Ellie Mae, the cloud-based platform provider for the mortgage finance industry, to provide Finicity’s digital asset verification solution through Ellie Mae’s Encompass platform. The ...

Pleasanton, California-based Ellie Mae, which provides a cloud-based analytics platform for the mortgage industry, announced that its platform, Velocify, was recognized with a LeadsCouncil LEADER award for outstanding performance and innovation in the lead generation industry. Velocify is the recipient ...

Chicago-headquartered Morningstar Credit Ratings has announced the appointment of Brian Grow as President of the company. In his new role Grow will oversee the day-to-day operations of the company’s business and will be based out of New York. He will ...

NewDay USA, a national VA mortgage lender, has hired Michael Greenwood as SVP of mortgage servicing and Gaurav Bhatia as Chief Digital Officer.

Secretary of the U.S. Department of Housing and Urban Development Ben Carson said in a speech on Monday that he promises to help big banks get more comfortable about financing lower-income borrowers, without fear of being penalized from mortgage lending errors.

Suits claiming Bank of America and Wells Fargo engaged in discriminatory lending practices in the city of Los Angeles were dismissed this week by an appellate panel in New York. Filed by the city of LA, the suits alleged the two banks targeted minority buyers with more expensive and riskier loans than white borrowers. The appellate panel ultimately sided with the original district court rulings, which stated the city failed to establish a strong enough link between the bank’s policies and any racial disparity in local homeownership.

Asurity Technologies, an enterprise formed to provide the financial services industry with RegTech solutions, announced its formation as an entity bringing together Treliant Solutions, LLC, Risk Management Solutions, Inc., and Mortgage Resources Group, LLC into an integrated compliance platform. According ...

Builders and developers have reported that credit conditions for acquisition, development, and single-family construction (AD&C) have been easing in the past few months. Eased lending standards are linked with growth in the volume of residential construction loans held at banks, and by extent, the growth in residential construction as a whole. Sales of brand-new homes are expected to jump 10.7 percent this year as the historically low inventory has been pushing for increased construction.