Mortgage broker

ICE Mortgage Technology Acquires eVault Technology from DocMagic for Encompass eClose

Friday, June 11, 2021 - 1:30pm

ICE Mortgage Technology and DocMagic have been helping lenders implement digital mortgage processes for years, said Dominic Iannitti, president and CEO of DocMagic.

Key Points: 
  • ICE Mortgage Technology and DocMagic have been helping lenders implement digital mortgage processes for years, said Dominic Iannitti, president and CEO of DocMagic.
  • ICE Mortgage Technology combines technology, data and expertise to automate the entire mortgage process from consumer engagement through loan registration.
  • At ICE Mortgage Technology , we are transforming and digitizing the U.S. residential mortgage process, from consumer engagement through loan registration.
  • Encompass and the ICE Mortgage Technology logo are trademarks of the entities of ICE Mortgage Technology, Inc.
    View source version on businesswire.com: https://www.businesswire.com/news/home/20210611005076/en/

TruStone Home Mortgage Consultants recognized as Minnesota Housing Top Producers for 2020

Thursday, June 10, 2021 - 2:00pm

PLYMOUTH, Minn., June 10, 2021 (GLOBE NEWSWIRE) -- TruStone Home Mortgage consultants Wendy Nelson and JoLee McDevitt were recognized as Minnesota Housing Top Producers for 2020, for their Single Family homeownership program loan production.

Key Points: 
  • PLYMOUTH, Minn., June 10, 2021 (GLOBE NEWSWIRE) -- TruStone Home Mortgage consultants Wendy Nelson and JoLee McDevitt were recognized as Minnesota Housing Top Producers for 2020, for their Single Family homeownership program loan production.
  • TruStone Home Mortgage consultants who received the Minnesota Housing Top Producing Loan Officer Awards were as follows:
    I applaud Wendy and JoLees accomplishments of being honored by Minnesota Housing and obtaining their Platinum and Gold level status, says Frank Planton, Vice President and Mortgage Sales Manager at TruStone Home Mortgage.
  • The Minnesota Housing Top Producing Loan Officer Program has been recognizing individual loan officers with the highest volume of Minnesota Housing program loans for more than a decade.
  • TruStone Home Mortgage is a division of TruStone Financial Credit Union that provides mortgage financing throughout Minnesota and Wisconsin.

CampusDoor and Incenter Mortgage Advisors Create Student Loan Refi Market for Non-Banks and Investors

Wednesday, June 9, 2021 - 2:44pm

Incenter company CampusDoor , one of the nations largest third-party loan origination shops, and Incenter Mortgage Advisors (IMA) , which provides trading and advisory services, have created a new student loan refinance market for non-bank mortgage lenders and investors.

Key Points: 
  • Incenter company CampusDoor , one of the nations largest third-party loan origination shops, and Incenter Mortgage Advisors (IMA) , which provides trading and advisory services, have created a new student loan refinance market for non-bank mortgage lenders and investors.
  • Investors want to tap into private student loan assets, which have historically performed well, said Tom Piercy, Managing Director, IMA.
  • Private student loan refinances provide a bridge for non-banks to stay relevant when mortgage originations dampen.
  • Almost 50 percent of mortgage applicants have at least one student loan trade on their credit report, said Steve Winnie, Chief Executive Officer, CampusDoor.

UWM Holdings Corporation Announces Contest to Bring Mortgage Brokers to Ring the Bell at New York Stock Exchange

Tuesday, June 8, 2021 - 2:29pm

UWM Holdings Corporation ( NYSE:UWMC ), the publicly traded indirect parent of United Wholesale Mortgage (UWM), #1 wholesale and purchase mortgage lender in America, today announced it launched a contest to bring independent mortgage brokers to ring the bell at the New York Stock Exchange alongside UWM president and CEO, Mat Ishbia in celebration of National Mortgage Brokers Day.

Key Points: 
  • UWM Holdings Corporation ( NYSE:UWMC ), the publicly traded indirect parent of United Wholesale Mortgage (UWM), #1 wholesale and purchase mortgage lender in America, today announced it launched a contest to bring independent mortgage brokers to ring the bell at the New York Stock Exchange alongside UWM president and CEO, Mat Ishbia in celebration of National Mortgage Brokers Day.
  • Were bringing some great mortgage brokers to this iconic stage and sharing their stories to educate consumers that mortgage brokers are the best place to get a mortgage, period.
  • National Mortgage Brokers Day is an annual celebration of independent mortgage brokers across the country, created by the Association of Independent Mortgage Experts (AIME) and celebrated each year on July 18th.
  • Headquartered in Pontiac, Michigan, UWM Holdings Corporation is the publicly traded indirect parent of United Wholesale Mortgage (UWM).

Veteran Nashville Producer Joins CapStar’s Farmington Mortgage Division

Thursday, June 3, 2021 - 5:33pm

Heather brings a broad residential lending background and has been recognized as a top mortgage producer in the Middle Tennessee region since 2002.

Key Points: 
  • Heather brings a broad residential lending background and has been recognized as a top mortgage producer in the Middle Tennessee region since 2002.
  • CapStar has assembled one of the states top mortgage banking teams over the past eight years, said Hart Weatherford, CapStar Executive Vice President of Mortgage Banking.
  • She is one of our areas top mortgage banking professionals and will do an excellent job of further positioning CapStars specialty banking business model in the Nashville market.
  • With over 20 years of mortgage banking experience, Heather joins CapStar having most recently served as Mortgage Advisor at Pinnacle Financial Partners in Nashville since 2008.

New American Funding Makes Scotsman Guide's Top Mortgage Lender List

Wednesday, June 2, 2021 - 1:09pm

TUSTIN, Calif., June 2, 2021 /PRNewswire/ --For the 9th straight year, New American Funding has been rated as a top mortgage lender on Scotsman Guide's Top Mortgage Lenders List , the industry's premier ranking.

Key Points: 
  • TUSTIN, Calif., June 2, 2021 /PRNewswire/ --For the 9th straight year, New American Funding has been rated as a top mortgage lender on Scotsman Guide's Top Mortgage Lenders List , the industry's premier ranking.
  • Scotsman Guide, the leading resource for mortgage originators, created its 9thannual listing based on comprehensive, verified 2020 loan data of the nation's top-producing mortgage companies.
  • "It's always a tremendous honor to be ranked as one of the nation's top mortgage lenders by Scotsman Guide," said CEO Rick Arvielo.
  • New American Funding is an independent mortgage lender with a servicing portfolio of over 197,000 loans for approximately$51.4 billion, 181 nationwide locations, and about 4,800+ employees.

Homepoint Makes New Refinance Program Available for Low-Income Families

Thursday, May 27, 2021 - 11:04pm

Flexible loan terms are available, so borrowers are not required to extend their loan term.

Key Points: 
  • Flexible loan terms are available, so borrowers are not required to extend their loan term.
  • "We're proud that Homepoint is among the first mortgage lenders in the country to make this option available to homeowners through our partnership with independent mortgage brokers and correspondents."
  • The Federal Housing Finance Agency, which regulates Fannie Mae, estimates that more than 2 million low-income families did not refinance in 2020 when they could have benefited from it.
  • Homepoint will begin accepting applications for this new refinance program on Monday, June 7.

Gary Royal Oversees Professional Development of Lenders in Expanded Role at Mortgage Investors Group

Thursday, May 27, 2021 - 1:38pm

KNOXVILLE, Tenn., May 27, 2021 /PRNewswire/ --In an expanded role at Mortgage Investors Group, veteran mortgage lender Gary Royal will lead and support the professional development of loan officers as part of the company's continued efforts to bring its customer-focused brand of mortgage lending to more homebuyers across the Southeast, company officials announced recently.

Key Points: 
  • KNOXVILLE, Tenn., May 27, 2021 /PRNewswire/ --In an expanded role at Mortgage Investors Group, veteran mortgage lender Gary Royal will lead and support the professional development of loan officers as part of the company's continued efforts to bring its customer-focused brand of mortgage lending to more homebuyers across the Southeast, company officials announced recently.
  • As vice president of retail sales and production, Royal will work hand-in-hand with mortgage lenders in existing MIG branches in western Tennessee and areas in the Southeast to boost closing volume and retail sales.
  • Royal attributes their success to the support they receive from MIG's leadership, operations and marketing teams in their efforts to grow their businesses.
  • MIG is a growing residential mortgage lender in the Southeast building on a proven track record as a long-time industry leader.

Homie Loans Adds Dan Richards as Senior Vice President

Wednesday, May 26, 2021 - 3:00pm

SALT LAKE CITY, May 26, 2021 (GLOBE NEWSWIRE) -- Homie Loans , a mortgage brokerage that simplifies the traditional mortgage process and saves Homie customers thousands, has hired Dan Richards as Senior Vice President.

Key Points: 
  • SALT LAKE CITY, May 26, 2021 (GLOBE NEWSWIRE) -- Homie Loans , a mortgage brokerage that simplifies the traditional mortgage process and saves Homie customers thousands, has hired Dan Richards as Senior Vice President.
  • I came to Homie Loans to have a real opportunity to make a difference in the experience of countless individuals and families seeking to afford a home, said Richards.
  • Richards addition to the leadership team of the Homie Tech family is expected to unlock even more growth for Homie as it continues to execute on an aggressive expansion plan.
  • In an extremely competitive residential real estate environment, Richards believes that Homie Loans can be a secret weapon for homebuyers looking to secure their dream home.

AIME Announces Earvin “Magic” Johnson as Fuse 2021 Keynote Speaker

Wednesday, May 26, 2021 - 2:29pm

AIME created the Fuse National Conference to aid in its mission to support and empower independent mortgage brokers.

Key Points: 
  • AIME created the Fuse National Conference to aid in its mission to support and empower independent mortgage brokers.
  • Magic Johnson is an icon and the personification of the American dream, both on and off the basketball court, said Katie Sweeney, CEO of AIME.
  • We couldnt be more excited to have him address the wholesale mortgage industry at AIME Fuse 2021.
  • Join AIME on Friday, September 24th and Saturday, 25th at AIME Fuse 2021 to meet thousands of mortgage experts and AIME members.