Finance
Gateway Mortgage Selects TRK Connection’s Insight RDM QC Audit Platform
SALT LAKE CITY, Utah — TRK Connection, a leading provider of mortgage quality control and origination management solutions, announced today that Oklahoma-based Gateway Mortgage Group has chosen the Insight Risk & Defect Management (RDM) platform to conduct its internal quality control (QC) audits….
Norcom Mortgage Names ReverseVision Its Provider of Choice for End-to-End HECM Technology
SAN DIEGO, Calif. — ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced that Norwich Commercial Group, Inc. dba Norcom Mortgage (Norcom) has selected ReverseVision as its provider of choice for end-to-end HECM technology….
Mid America Mortgage Assists Lenders, Borrowers Affected By Recent Disasters
ADDISON, Texas — Mid America Mortgage, Inc. (Mid America) announced measures it has taken to provide assistance to both lenders and borrowers that were impacted by recent federally declared disasters. In addition to $20,000 in donations from employees and the corporation toward relief efforts, Mid America will also purchase loans on properties located in areas impacted by the recent storms or fires. This includes both government and conventional loans underwritten to agency guidelines….
EPIC Insurance adds New Brokerage Team in Pittsburgh, PA
PITTSBURGH, Pa. — EPIC Insurance Brokers and Consultants, a retail property and casualty insurance brokerage and employee benefits consultant, announced today the opening of operations in Pittsburgh, Pa. with the hiring of Sean Andreas, Al Dragotto, Kurt Karstens, Pete Kostorick, Sally Krauss, Zach Mendelson, Phil Wakim, Chuck Yorio, Jan Zewe and others….
Mortgage Capital Trading’s Bulk Acquisition Manager™ Technology Achieves 100 Percent Investor Adoption
SAN DIEGO, Calif. — Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that it has gained unprecedented industry-wide technology adoption among the investor aggregator community. MCT officially unveiled the Bulk Acquisition Manager(TM) (BAM) within its capital markets software platform, MCTlive!, in July of this year….
NAMB Releases Housing Outlook: Congress Needs to Make Key Changes
WASHINGTON, D.C. — NAMB, an association that represents the interests of individual mortgage loan originators and small to mid-size mortgage businesses, has announced its housing outlook and its plans to advocate for change….
The Mortgage Collaborative Expands Metrics-Driven Lender Collaboration Lab Initiative
SAN DIEGO, Calif. — The Mortgage Collaborative, the nation’s only independent mortgage cooperative, recently announced details surrounding the continued expansion of their Collaboration Lab initiative. Launched in the spring of 2017, TMC’s Collaboration Labs offer their Lender Members the opportunity to participate in day and a half long “deep-dive” networking sessions with peers….
NAMB Appoints John Stevens as New President
WASHINGTON, D.C. — NAMB, an association that represents the interests of individual mortgage loan originators and small to mid-size mortgage businesses, today announced that former president elect John Stevens has been appointed to the role of president….
The Mortgage Collaborative Announces Addition of PHH Mortgage to Preferred Partner Network
SAN DIEGO, Calif. — The Mortgage Collaborative, the nation’s only independent mortgage cooperative, today announced a new strategic partnership with PHH Mortgage, a leading subservicer and portfolio retention provider. The new relationship with PHH Mortgage adds an experienced, best-in-class subservicer to their preferred partner network….
VanDyk Mortgage Enables Borrowers to Automate Asset Verification Using AccountChek by FormFree for Faster Mortgage Closings
ATHENS, Ga. — FormFree today announced that VanDyk Mortgage Corporation has selected its flagship AccountChek(R) service for automated asset verification. Loan officers at VanDyk have already begun offering AccountChek as an alternative to manual, paper-based asset verification. In addition, borrowers can choose AccountChek as a faster alternative to uploading bank statements when using VanDyk’s self-service mortgage portal, powered by Ellie Mae’s Encompass Consumer Connect….