Tag Archives: Mortgage Lending

Guild Mortgage, a large independent mortgage lender with offices in 25 states, welcomes experienced mortgage technology professional Gabe Minton to its leadership team as EVP of information technology. Minton brings to his new role more than 25 years of experience spanning the realms of strategy, software development, vendor relations, and communications. "I am pleased to be joining Guild as it enters a new era of technology innovation with MyMortgage and other IT platforms and applications to improve the experience for every customer, employee, partner and supplier that we work with throughout the entire mortgage lending process,” Minton said.

Factual Data, a Loveland, Colorado-based company providing mortgage credit and verification services to mortgage lenders, announced this week 4506-T IRS tax transcript verification services through Fannie Mae’s Desktop Underwriter, part of the GSE’s Day 1 Certainty program.

CBCInnovis, a Columbus, Ohio-based mortgage credit and data validation services provider, announced this week it is now an “authorized report supplier” for Fannie Mae’s Day 1 Certainty program.

DataVerify, a risk mitigation, data verification, and decision management provider for the mortgage industry, announced this week it is now an “authorized report supplier” for Fannie Mae’s Day 1 Certainty program, which exempts lenders from representations and warranties and helps expedite the lending process.

Lenders One Cooperative, a national alliance of mortgage professionals, announced Tuesday the addition of Matthew T. Orlando as VP of National Programs. Lenders One, which is managed by a subsidiary of Altisource Portfolio Solutions, is comprised of mortgage lenders, bankers, and product and service providers.

Fifth Third Bancorp announced John Adam will join Fifth Third Mortgage as National Sales Leader and will aid in the company’s community commitment.

LenderLive, a mortgage services provider, announced last week the addition of two new vice presidents to its settlement services division. Industry veterans David Tiberio and George Schultz join LenderLive as VPs of National Sales for the Denver, Colorado-based company.

Quicken Loans announced Casey Hurbis is joining the company as Chief Marketing Officer. Hurbis, recognized for re-introducing the FIAT brand in the U.S. after more than 25 years of absence, will take responsibility for all Quicken marketing, both online and off, and will manage Quicken’s home lending brand.

A recent research paper detailed banks’ “looser lending” policies were also geared towards construction firms during the 2008 crisis.

The past year saw a record-breaking decline in the overall foreclosure rate. Will the trend continue through 2017?