Established relationships with lenders still play a crucial role for borrowers looking at home equity line of credit (HELOC) according to the latest U.S. Home Equity Line of Credit Satisfaction Study by research and rating firm J.D. Power. The study ...
Read More »Tom Rice Joins OpenClose as VP Enterprise Account Executive
Florida-based OpenClose, a multi-channel loan origination system (LOS) and mortgage fintech provider, has announced the appointment of long-time industry veteran Tom Rice as VP, Enterprise Account Executive. Rice has experience with multiple LOS platforms as well as other enterprise-class mortgage ...
Read More »Finicity Partners with Ellie Mae
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 ...
Read More »The Industry Pulse: Updates on Black Knight, Ginnie Mae, and More …
From new appointments to new milestones, get the latest information on the industry in this weekly update. Florida-based Black Knight, Inc. announced that Fannie Mae has signed an agreement to continue its use of the Default Management Reporting System (DMRS). Developed by ...
Read More »Caliber Home Loans Launches Mobile Platform
Coppell, Texas-headquartered Caliber Home Loans, Inc. (Caliber), has announced the launch of a new mobile platform. Featuring three mobile phone apps customized for three user groups–borrowers, the Caliber sales force, and their business associates–all users receive real-time information and the ...
Read More »HouseCanary Wins $706.2 Mn Verdict Against AMROCK Inc.
A federal jury in Texas has awarded HouseCanary, a provider of real estate valuation and assessment tools, $706.2 million in its breach of contract and trade secret misappropriation case with Title Source, an affiliate of Quicken Loans, now known as ...
Read More »Chains of Knowledge
Editor's note: This story was originally featured in the March issue of DS News, out now. While today’s technological landscape is evolving at a breakneck pace, many of the core aspects of the housing and default servicing industries remain rooted in the same ...
Read More »The Opportunities and Challenges of Blockchain in Mortgage Servicing
Blockchain is creating a lot of buzz—and a lot of confusion. Primarily, this technology offers the capacity to record and monitor transactions in what is called a distributed ledger (a decentralized database). Each block is a record of new transactions ...
Read More »RE/MAX Acquires Technology Firm booj
Real estate brokerage firm RE/MAX acquired booj, an award-winning Colorado-based web design, and technology company as part of its technology strategy. Moving forward, RE/MAX will leverage the capabilities of booj and other strategic partners to deliver core technology solutions designed for and with RE/MAX affiliates, ...
Read More »Ellie Mae Announces New Executive Leadership
The former VP of Human Resources for Walmart US eCommerce and Walmart Labs, Carina Cortez, joins the California-based technology company, Ellie Mae, as EVP of Human Resources. In her new role, Cortez will be responsible for leading the Ellie Mae’s ...
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