DepthPR
Cloudvirga Raises $50M to Deliver a Truly Digital Mortgage Experience
IRVINE, Calif. — Cloudvirga, a leading provider of digital mortgage point-of-sale (POS) software whose enterprise technology is powered by the intelligent Mortgage Platform, today announced the closing of a $50-million Series C funding round led by private-equity firm Riverwood Capital (Riverwood) with ongoing participation from Upfront Ventures….
Mid America Mortgage to Offer Warehouse Lines of Credit on Seasoned and ‘Scratch and Dent’ Loans
ADDISON, Texas — Mid America Mortgage, Inc. (Mid America) Owner and Chief Executive Officer Jeff Bode today announced that the firm has expanded its relationship with Spectrum Mortgage Holdings, LLC (Spectrum) to offer warehouse lines of credit in conjunction with its Whole Loan Purchase program. This will provide sellers the flexibility to finance loans being sold to Mid America, including seasoned and “scratch and dent” loans….
The Cooksey Team’s Brandon Findley Cracks the Top 200 of Best Mortgage Lenders’ 2018 List of Top Texas Loan Officers
DALLAS, Texas — The Cooksey Team, a top producing retail branch of Mid America Mortgage, Inc., announced today that Best Mortgage Lenders has ranked Cooksey Team loan officer (LO) Brandon Findley at No. 198 in Texas based on the total number of loans closed in 2017. Specializing in the Dallas market, Findley is also ranked No. 32 in Dallas, according to the list, which is published in conjunction with Ask a Lender and Scotsman Guide Media….
Darren Lovell of The Cooksey Team Ranks Third on Best Mortgage Lenders’ 2018 List of Top Loan Officers in Flower Mound, Texas
DALLAS, Texas — The Cooksey Team, a top producing retail branch of Mid America Mortgage, Inc., announced today that Best Mortgage Lenders 2018 has ranked loan officer (LO) Darren Lovell at No. 3 in Flower Mound, Texas, based on the total number of loans closed in 2017. Lovell also placed at No. 226 statewide according to the rankings, which are published in conjunction with Ask a Lender and Scotsman Guide Media….
MQMR Counsels Mortgage Lenders to Increase Internal Audit Frequency and Compliance Resources to Safeguard Secondary Market Activities
LOS ANGELES, Calif. — Mortgage Quality Management and Research, LLC (MQMR) President Michael Steer today advised lenders to increase the frequency with which they conduct their internal audits to ensure secondary market activities and relationships are not negatively impacted by undiscovered risks….
LBA Ware Appoints Mortgage Technology Specialist Diana Sheffer as Solutions Consultant
MACON, Ga. — LBA Ware, a leading provider of automated compensation software and systems integration solutions for mortgage lenders, announced it has hired Diana Sheffer as a solutions consultant to support the company’s sales and product implementation efforts. In this role, Sheffer will apply her 18 years’ experience in mortgage lending and technology consulting to connect LBA Ware’s clients with best-fit systems integration and process automation solutions to enhance performance-driven organizational growth….
Mid America Mortgage CEO Jeff Bode to Share eMortgage Insights at Texas MBA and MBA Secondary Conferences
ADDISON, Texas — Mid America Mortgage, Inc. (Mid America) announced today that its Owner and CEO Jeff Bode will be sharing his expertise on digital mortgage origination and securitization at two upcoming industry conferences. First, Bode will take the stage as a panelist at the Texas Mortgage Bankers Association’s 102nd Annual Convention in San Antonio….
Best Mortgage Lenders 2018 Ranks Wesley Ryan Grubbs of The Cooksey Team as the No. 1 Loan Officer in Flower Mound, Texas
ADDISON, Texas — The Cooksey Team, a top producing retail branch of Mid America Mortgage, Inc., announced today that its loan officer (LO) Wesley Ryan Grubbs has been ranked No. 1 in Flower Mound, Texas, based on total number of loans closed in 2017, according to Best Mortgage Lenders 2018. The rankings, which are published in conjunction with Ask a Lender and Scotsman Guide Media, also placed Grubbs at No. 157 statewide….
ReverseVision and Allegiant Reverse Services Partner to Simplify Title Ordering for HECM Loans
SAN DIEGO, Calif. — ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced a partnership with Allegiant Reverse Services (ARS), a full-service title and settlement company with an exclusive focus on reverse mortgage closings….
Cloudvirga Adds Award-Winning Appraisal Order Management from Mercury Network to Its Digital Mortgage Point-of-Sale Platform
IRVINE, Calif. — Cloudvirga, a leading provider of digital mortgage point-of-sale (POS) software whose enterprise technology is powered by the Intelligent Mortgage Platform, today announced its completion of a fully automated, lights-out integration with Mercury Network, part of CoreLogic (NYSE:CLGX) and one of the industry’s largest appraisal order management platforms….