Industry Spotlight

Black Knight, now a part of Intercontinental Exchange, recently announced an agreement with Mission Federal Credit Union for the use of Black Knight’s MSP loan servicing system – a comprehensive, end-to-end loan servicing system supporting all aspects of servicing, from loan boarding to default.

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National Mortgage Insurance Corporation (National MI), a subsidiary of NMI Holdings, Inc., announced it has integrated with Calyx Software’s Point loan origination system (LOS) to enable lenders and brokers to order National MI’s real-time, risk-based mortgage insurance through its Rate GPS tool without having to leave the Point platform, according to a press release.

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Freedom Mortgage, one of the nation’s largest full-service non-bank mortgage companies and a leader in VA and government-insured lending, recently announced plans to add 3,000 mortgage professionals and support staff over the next six months. The company explained in a press release that the additional staff is needed to help meet increasing demand for mortgage refinancing and loan servicing.

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nCino, Inc., a provider of cloud banking solutions for the global financial services industry, recently announced enhancements to its Small Business Banking Solution to comply with requirements outlined in Section 1071 of the Dodd-Frank Act.  Read on »

Embarking on a new era, the arrival of the latest member to the Loan Vision team signifies a catalyst for unprecedented growth and transformation.

The leading mortgage accounting software company Loan Vision has added Paul Loftus to its executive team. This CEO appointment comes at an exciting time in Loan Vision’s growth trajectory. Read on »

Moburst, a premier full-service marketing agency, has entered into a strategic partnership with NewDay USA, a VA home loan mortgage company that helps veterans achieve their American Dream of homeownership.

NewDay’s impressive track record of serving veterans, coupled with Moburst’s unparalleled expertise in digital marketing, is set to transform media performance and enhance the customer experience for NewDay users. Read on »

Cenlar FSB, the nation’s leading mortgage loan subservicer, announced today that Allison Batts has been appointed vice president of executive client management. Read on »

October Research announces that 25-year title and settlement services industry veteran Mary Schuster has joined the company as Chief Knowledge Officer.

“Stay tuned for some exciting new developments we will be rolling out to assist our partners in the real estate transaction,” CEO and Publisher Erica Meyer said in the announcement.

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The Mortgage Bankers Association's (MBA) Opens Doors Foundation today announced it raised $234,536 at its annual charity wine auction held during MBA’s June Chairman’s Conference in Manalapan, Fla.

The funds raised will support the foundation’s mission of providing mortgage and rental assistance grants to families with critically ill or injured children, allowing parents and guardians to be by a child’s side during treatment without fear of losing their home.

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Summit Funding, Inc., a privately held nationwide mortgage banker and servicer, announced it has expanded its East Coast footprint by hiring three former leaders from Movement Mortgage.

As divisional leaders based in North Carolina, Deran Pennington, Chris Shelton, and Matt Schoolfield bring more than half a century of experience recruiting and building highly successful mortgage sales teams. Read on »