Mortgage loan

nCino Reports Fourth Quarter and Fiscal Year 2024 Financial Results

Retrieved on:

Mardi, mars 26, 2024

RPO, Desjardins Group, German Bank, Acquisition, Commercial, Desjardins, Small business, Analytics, IMB, GAAP, Optimism, NCino, Mortgage loan, Video game

WILMINGTON, N.C., March 26, 2024 (GLOBE NEWSWIRE) -- nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking for the global financial services industry, today announced financial results for the fourth quarter and fiscal year 2024, ended January 31, 2024.

Key Points:

Non-GAAP operating income in the fourth quarter was $19.3 million compared to $1.8 million in the fourth quarter of fiscal 2023.
Net Income (Loss) Attributable to nCino: GAAP net income attributable to nCino in the fourth quarter of fiscal 2024 was $1.2 million compared to a $(21.2) million net loss attributable to nCino in the fourth quarter of fiscal 2023.
Non-GAAP net income attributable to nCino in the fourth quarter was $23.8 million compared to $4.4 million in the fourth quarter of fiscal 2023.
Net Income (Loss) Attributable to nCino per Share: GAAP net income attributable to nCino in the fourth quarter of fiscal 2024 was $0.01 per diluted share compared to a $(0.19) loss per basic and diluted share in the fourth quarter of fiscal 2023.

Private Lender for Commercial Hard Money Loans in California Funds over 100 Loans Annually

Retrieved on:

Mardi, mars 26, 2024

Professional, Documentation, BAD, Mortgage loan, Bank

CALABASAS, Calif., March 26, 2024 /PRNewswire-PRWeb/ -- Union Home Loan, Inc., a frontrunner in the commercial hard money lending industry, is proud to announce over 100 California hard money commercial loans funded annually. With a commitment to providing swift and accessible financing solutions, Union Home Loan, Inc. stands out as a direct lender that streamlines the application process and provides borrowers with alternatives to unnecessarily strict traditional lenders.

Key Points:

Union Home Loan, Inc., a frontrunner in the commercial hard money lending industry, is proud to announce over 100 California hard money commercial loans funded annually.
CALABASAS, Calif., March 26, 2024 /PRNewswire-PRWeb/ -- Union Home Loan, Inc. , a frontrunner in the commercial hard money lending industry, is proud to announce over 100 California hard money commercial loans funded annually.
FLEXIBLE LOAN AMOUNTS: Union Home Loan can offer California commercial hard money loans for amounts ranging from $100,000 to $3,000,0000!
For more information about Union Home Loan and its hard money commercial loans in California , please visit our company website, below.

Gateway Loan Originators Named Top Producers by The Texas State Affordable Housing Corporation

Retrieved on:

Mercredi, mars 6, 2024

Banking, Professional Services, Finance, Top, Quality of life, Mortgage loan, Gateway, Housing, Real estate

Each year, The Texas State Affordable Housing Corporation (TSAHC) recognizes three Texas loan officers who helped the most families purchase a home through the TSAHC program.

Key Points:

Each year, The Texas State Affordable Housing Corporation (TSAHC) recognizes three Texas loan officers who helped the most families purchase a home through the TSAHC program.
This year, two Gateway Loan Originators (LO), Josh Allyn and Jake West, were presented with the Top Producing LO award for 2023 volume.
According to a statement by TSAHC, “With more than 2,970 loan officers originating at least one TSAHC loan in 2023, this is an extraordinary accomplishment.
This is the fifth year Allyn has been recognized as a top three TSAHC loan officer.

FICS® Named to HousingWire’s HW TECH100 Mortgage List for 11th Consecutive Year

Retrieved on:

Lundi, février 26, 2024

Banking, Software, Networks, Professional Services, Personal Finance, Data Management, Technology, Other Construction & Property, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Finance, Other Technology, API, Service provider, Computer, Organization, Mortgage loan, Real estate

HousingWire honored FICS® for helping banks, credit unions, and mortgage lenders with mortgage servicing software that meets market challenges while improving the borrower experience with online tools and portals.

Key Points:

HousingWire honored FICS® for helping banks, credit unions, and mortgage lenders with mortgage servicing software that meets market challenges while improving the borrower experience with online tools and portals.
“The technology capabilities and solutions that this year’s Tech100 winning organizations have developed are an absolute testament to the relentless innovation within the real estate and mortgage technology landscape," HW Media Editor in Chief Sarah Wheeler said.
Every year since 2014, more than 20% of the top servicers in the Mortgage Bankers Association’s Commercial/Multifamily Real Estate Mortgage Servicer Rankings list have been FICS® customers.
“Being recognized by HousingWire for the 11th consecutive year as one of the most innovative mortgage technology companies in the United States is a tremendous honor for FICS®.

Healing Realty Trust Further Bolsters Board of Directors with Appointment of America's Leading Mortgage Banker, Shant Banosian

Retrieved on:

Mardi, février 13, 2024

Acquisition, REIT, Brookfield Properties, Tenant, Guaranteed Rate, HRT, Executive, Patient, Mortgage loan, Knowledge, NNN, Publication

Shant's noteworthy expertise in mortgage lending complements the Board's existing backing of leaders across the real estate, finance, capital markets, and healthcare industries.

Key Points:

Shant's noteworthy expertise in mortgage lending complements the Board's existing backing of leaders across the real estate, finance, capital markets, and healthcare industries.
Throughout his career spanning two decades, Shant Banosian has closed over 40,000 units and $9 billion in funded mortgage loans.
"The breadth of Shant's achievements is a strong testament to his unparalleled dedication to serving both his clients and communities.
Shant Banosian added, "The HRT team continues to make waves with their unconventional approach to the traditionally run REIT space.

How Does Refinancing a Mortgage Work?

Retrieved on:

Mercredi, décembre 13, 2023

System, HDB, Environment, MSR, Mortgage loan, Real estate

In simple terms, mortgage refinancing involves replacing your existing home loan with a different loan from another bank.

Key Points:

In simple terms, mortgage refinancing involves replacing your existing home loan with a different loan from another bank.
How Does Refinancing a Mortgage Work?
When you apply for mortgage refinancing with a new bank, the bank will review information like your income, credit score and assets to determine if you fulfil the refinancing requirements.
If you'd like to explore mortgage refinancing options with Citi, check out Citi's Mortgage Calculator and get in touch with mortgage advisors from Citi.

Planet Home Lending Strengthens Construction Lending

Retrieved on:

Jeudi, décembre 21, 2023

MLO, Phytoplasma, Synkronized, Harpe, Communication, Mortgage loan, Real estate

MERIDEN, Conn., Dec. 21, 2023 /PRNewswire/ -- Planet Home Lending, LLC, a national mortgage lender and servicer, has enhanced its construction lending program by appointing Melony Harpe as Vice President, Construction Sales Manager. With more than 20 years of construction lending experience, Harpe's strategic approach will empower Planet's Mortgage Loan Officers and branches to increase their construction loan volume in 2024.

Key Points:

Seasoned Expert Melony Harpe Elevates MLO, Branch Support
MERIDEN, Conn., Dec. 21, 2023 /PRNewswire/ -- Planet Home Lending, LLC, a national mortgage lender and servicer, has enhanced its construction lending program by appointing Melony Harpe as Vice President, Construction Sales Manager.
With more than 20 years of construction lending experience, Harpe's strategic approach will empower Planet's Mortgage Loan Officers and branches to increase their construction loan volume in 2024.
"We're excited to welcome Melony to the Planet Home Lending team," said Planet's President of Mortgage Lending John Bosley.
"Melony's unique background in construction lending positions Planet to continue providing innovative and sustainable mortgage solutions," Bosley concluded.

DIGITAL ALLY, INC ANNOUNCES THIRD QUARTER 2023 OPERATING RESULTS

Retrieved on:

Mercredi, novembre 15, 2023

LENEXA, Kansas, Nov. 15, 2023 (GLOBE NEWSWIRE) -- Digital Ally, Inc. (Nasdaq: DGLY) (the “Company” or “our”), today announced its operating results for the third quarter 2023.

Key Points:

LENEXA, Kansas, Nov. 15, 2023 (GLOBE NEWSWIRE) -- Digital Ally, Inc. (Nasdaq: DGLY) (the “Company” or “our”), today announced its operating results for the third quarter 2023.
An investor conference call is scheduled for 11:15 a.m. EDT on Wednesday, November 15, 2023 (see details below).
We reported an operating loss of $5,148,043 and $6,567,023 for the three months ended September 30, 2023 and 2022, respectively, an improvement of $1,418,980 (22%).
The Company will host an investor conference call at 11:15 a.m. EDT on Wednesday, November 15, 2023, to discuss its third quarter 2023 financial results, corporate and individual subsidiary outlook, and previously announced corporate separation.

Navy Federal Credit Union Launches Veterans at Home Project with Rebuilding Together for Three US Veterans

Retrieved on:

Mercredi, novembre 15, 2023

View the full release here: https://www.businesswire.com/news/home/20231115743447/en/

Key Points:

View the full release here: https://www.businesswire.com/news/home/20231115743447/en/
Navy Federal volunteers partner with Rebuilding Together in Arlington, VA, to support a Veteran homeowner with needed home repairs and modifications.
Senior Vice President of Mortgage Lending at Navy Federal Fred Quick volunteered his time working at the Dallas, TX, site.
In total, more than 1,400 Navy Federal volunteers have contributed over 10,000 volunteer hours to Rebuilding Together’s mission, exceeding $380,000 in community impact.
This partnership has created a long-lasting impact for local Veterans in need, as illustrated in a story on Navy Federal’s blog

Wells Fargo Selects CoreLogic for Residential Tax Outsourcing Solution

Retrieved on:

Mardi, novembre 14, 2023

Software, Construction & Property, Data Analytics, Banking, Data Management, Professional Services, Technology, Residential Building & Real Estate, Wells Fargo, CoreLogic, Risk management, Mortgage loan

This includes the ability for Wells Fargo to oversee tax customer service via the CoreLogic Digital Tax Portal .

Key Points:

This includes the ability for Wells Fargo to oversee tax customer service via the CoreLogic Digital Tax Portal .
Jay Kingsley, President of CoreLogic Mortgage Solutions, stated, "The alliance between Wells Fargo and CoreLogic represents a union of industry experts, a strategic move for Wells Fargo, and recognition of CoreLogic's leadership in residential tax services.
Wells Fargo believes CoreLogic is the tax services partner that best matches our core values and objectives."
This enables a smooth transition of the real estate tax functions to CoreLogic while ensuring that the pertinent Wells Fargo employees have ongoing employment opportunities.