Industry Spotlight

Cornerstone Capital Bank, a national provider of residential mortgage finance and loan servicing solutions and consumer, commercial, and institutional banking services, has launched two joint venture companies with homebuilders in Texas and North Carolina. Read on »

SingleSource Property Solutions, a provider of residential property services, has named Ashley Abbondanza as its chief innovation officer. In her new executive role, Abbondanza will spearhead the company’s strategic innovation initiatives, optimize operational workflows, and leverage data to enhance business efficiency. Read on »

The mortgage industry advisory firm STRATMOR Group published a comprehensive guide that shows lenders how to leverage AI to enhance efficiency, ensure compliance, and improve the customer experience, titled “All Aboard the AI Train: A Practical Roadmap for Lenders.” Read on »

SingleSource Property Solutions, a residential property services provider, has hired Daniel Figurski as the company’s chief appraiser. He will be tasked with expanding the company’s valuation services to help home lenders, mortgage holders, and residential loan servicers increase efficiency through the use of effective, high-quality valuations. Read on »

The Fay Group, a family of companies providing products, services and strategies in the mortgage and real estate sectors, appointed Jason Biegel president of its capital markets group. Read on »

Clarifire announced that Towne Mortgage Company has started using the company’s namesake automation tool as its servicing workflow application. Read on »

Lower recently appointed former Redfin-executive Adam Wiener to be its new president. Wiener will be tasked with leading Lower’s technology, marketing, data science, and direct-to-consumer sales organizations, according to a press release. Lower is a multi-channel, digital home finance company, backed by Accel, SoFi, and Veritex Bank. Read on »

BSI Financial Services, a national mortgage fintech platform, announced that its senior vice president of sales, client and transaction management, Allen Price, became the first mortgage servicing executive appointed to the IMN Home Equity Investment Advisory Board. Read on »

Constructive Capital hired Megan Castleton to serve as chief credit officer for the wholesale capital provider for mortgage brokers and real estate investors. Castleton will be tasked with developing and implementing credit policies to ensure sound lending practices and drive technological innovation, according to a company press release. Read on »

NewDay USA CEO and founder Rob Posner was awarded the Georgia Military College (GMC) President's Leadership Award by the Georgia Military College, which honors individuals who embody purpose-driven leadership and make extraordinary contributions of time, talent, and treasure to support the Mission of Georgia Military College. Read on »