Mortgage bank

BRG Adds Financial Institution Advisory Team

Tuesday, December 3, 2019 - 1:00pm

"We are thrilled to have this impressive team join the firm," said BRG Chairman and Principal Executive Officer David J. Teece .

Key Points: 
  • "We are thrilled to have this impressive team join the firm," said BRG Chairman and Principal Executive Officer David J. Teece .
  • BRG's Financial Institution Advisory practice specializes in helping commercial banks, consumer finance companies, credit unions, mortgage banks, capital market participants and insurance companies solve pressing business issues.
  • "Sophisticated technology has widely disrupted the financial services sector, and firms that recognize and embrace the most advanced and innovative solutions will continue to have an advantage over slower adopters," said BRG President Tri MacDonald .
  • He has led teams in the development of quantitative and data solutions to solve complex problems facing financial institutions today.

Nationwide Mortgage Bankers and Americasa Announce New Spokesperson, Bernie Williams

Thursday, November 21, 2019 - 1:00pm

MELVILLE, N.Y., Nov. 21, 2019 /PRNewswire/ --Independent mortgage lender Nationwide Mortgage Bankers, Inc. and its Spanish language mortgage serviceAmericasahave announced Bernie Williams as their official spokesperson.

Key Points: 
  • MELVILLE, N.Y., Nov. 21, 2019 /PRNewswire/ --Independent mortgage lender Nationwide Mortgage Bankers, Inc. and its Spanish language mortgage serviceAmericasahave announced Bernie Williams as their official spokesperson.
  • Bernie Williams is a former professional baseball player and prominent Puerto Rican figure.
  • During this time, Williams and the Yankees won four World Series championships and Williams himself walked away with five All-Star awards.
  • "I am thrilled to be a part of the Nationwide Mortgage Bankers andAmericasafamily.

Gateway First Bank Named to MReport’s Top 25 Companies in Mortgage and Servicing

Thursday, November 14, 2019 - 3:01pm

MReport recognized Gateway First Bank as one of the Top 25 Companies in Mortgage and Servicing in 2019.

Key Points: 
  • MReport recognized Gateway First Bank as one of the Top 25 Companies in Mortgage and Servicing in 2019.
  • Gateway First Bank is one of the largest banks in the State of Oklahoma and one of the largest mortgage bank operations in the United States.
  • Its an honor to be named to MReports Top 25 list, said Stephen Curry, Chairman and CEO of Gateway.
  • Established in 2019, after the merger of Gateway Mortgage Group with a 100-year old bank, Gateway First Bank emerged as a diversified financial institution that provides digital banking and mortgage services for consumers and commercial customers.

Gateway First Bank Names Deirdre Cherry as Chief Credit Officer

Tuesday, November 12, 2019 - 2:01pm

Gateway First Bank, one of the largest banks in the State of Oklahoma and one of the largest mortgage bank operations in the United States, announced the appointment of Deirdre Cherry as its Chief Credit Officer.

Key Points: 
  • Gateway First Bank, one of the largest banks in the State of Oklahoma and one of the largest mortgage bank operations in the United States, announced the appointment of Deirdre Cherry as its Chief Credit Officer.
  • We are committed at Gateway to bringing in the best talent in the industry, and Deirdre is no exception with her depth and breadth of experience in the banking industry, said Stephen Curry, CEO of Gateway.
  • Cherry has been in the banking industry for more than 30 years, primarily with JPMorgan (and its predecessor institutions) and Bank of America.
  • Established in 2019, after the merger of Gateway Mortgage Group with a 100-year old bank, Gateway First Bank emerged as a diversified financial institution that provides digital banking and mortgage services for consumers and commercial customers.

IndiSoft Will Continue Supporting HLP Platform into the Future

Friday, November 8, 2019 - 7:30pm

In light of HLPs recent industry announcement that it is closing operations by Dec. 31, 2019, IndiSoft LLC, the underlying technology provider for HLPs collaborative platform, is notifying the mortgage banking industry that it will continue to support the platform.

Key Points: 
  • In light of HLPs recent industry announcement that it is closing operations by Dec. 31, 2019, IndiSoft LLC, the underlying technology provider for HLPs collaborative platform, is notifying the mortgage banking industry that it will continue to support the platform.
  • HLP has been a reseller of IndiSofts patented and HUD Certified RxOffice Case Management System (RX CMS), and IndiSoft is actively working with all stakeholders on a transition plan to ensure uninterrupted service and a smooth cutover on Jan. 1, 2020.
  • IndiSoft will continue its commitment to the housing advocacy sector, residential mortgage servicing industry, consumers and State Housing Finance Agencies during and beyond this transition period.
  • Please contact either of the following IndiSoft personnel with any questions or comments.

Cody Charfauros Promoted to Principal at Barry Slatt Mortgage Company

Tuesday, November 5, 2019 - 11:09pm

SAN FRANCISCO, Nov. 5, 2019 /PRNewswire/ -- Barry Slatt Mortgage is pleased to announce the promotion of Cody Charfauros to the position of Principal / Managing Director of our San Diego, California office.

Key Points: 
  • SAN FRANCISCO, Nov. 5, 2019 /PRNewswire/ -- Barry Slatt Mortgage is pleased to announce the promotion of Cody Charfauros to the position of Principal / Managing Director of our San Diego, California office.
  • Mr. Charfauros joined Barry Slatt Mortgage in 2013 as a commercial mortgage banker in our Los Angeles office.
  • In 2017, Cody spearheaded our efforts to open a San Diego office and has helped lead our expansion to include four additional professionals as well as playing a key leadership role in the firm's Next Generation Advisory Council.
  • "Cody Charfauros embodies our vision of what the next generation of commercial mortgage bankers will be at Barry Slatt Mortgage Company, we are honored to have him and his leadership as well as now becoming an owner Principal in our firm."

DIMONT Highlights Significant Growth in its Investor Claims Business Line Through Its Mortgage Loss Analysis Service

Tuesday, October 29, 2019 - 1:00pm

DIMONT , the largest consolidated provider of hazard insurance claims adjusting and specialty investor claims services to the residential mortgage industry, announced today from the Mortgage Bankers Association Annual Convention & Expo that its investor claims business has grown over 250% in 2019, which included adding its Mortgage Loss Analysis Service, which is designed to help servicers determine operational and loan-level losses associated with FHA loans, minimize investor claims expenses and mitigate potentially hefty fines that often result through the investor claims process.

Key Points: 
  • DIMONT , the largest consolidated provider of hazard insurance claims adjusting and specialty investor claims services to the residential mortgage industry, announced today from the Mortgage Bankers Association Annual Convention & Expo that its investor claims business has grown over 250% in 2019, which included adding its Mortgage Loss Analysis Service, which is designed to help servicers determine operational and loan-level losses associated with FHA loans, minimize investor claims expenses and mitigate potentially hefty fines that often result through the investor claims process.
  • For mortgage servicing companies, management of investor claims represents a significant business issue as some instances of loan-level losses can exceed $9000 per case due to improper handling and analysis of the claim.
  • The potential losses associated with investor claims generally and FHA loans in particular present a significant problem for mortgage servicers and private investors, said Denis Brosnan, CEO, DIMONT.
  • Founded in 1996, Dallas-based DIMONT is the largest provider of specialty insurance and loan administration services to the residential and commercial mortgage industries in the United States.

Mortgage Connect Appoints Accomplished Industry Leader Brian Frye As Executive Vice President Capital Markets

Friday, October 25, 2019 - 10:51am

PITTSBURGH, Pa., Oct. 25, 2019 /PRNewswire/ -- Mortgage Connect LP , a national mortgage services provider for the nation's largest financial institutions, investors, servicers and GSEs, today announced it has appointed Capital Markets veteran Brian Frye to the role of Executive Vice President, Capital Markets.

Key Points: 
  • PITTSBURGH, Pa., Oct. 25, 2019 /PRNewswire/ -- Mortgage Connect LP , a national mortgage services provider for the nation's largest financial institutions, investors, servicers and GSEs, today announced it has appointed Capital Markets veteran Brian Frye to the role of Executive Vice President, Capital Markets.
  • Leveraging his 15-year career as a senior mortgage banking and capital markets executive, Frye is responsible for maintaining operational excellence as the division diversifies and expands to meet the changing marketplace.
  • Frye was a principal and co-founder of AMRE Solutions, a diversified mortgage default services company, acquired by a large national mortgage services provider in 2013.
  • Mortgage Connect is a Pittsburgh, PA headquartered national mortgage service provider, serving the Origination, Default, Valuation, Critical Communications, and Capital Markets sectors.

AFR President Among Mortgage Banking's Most Powerful Women

Thursday, October 24, 2019 - 1:30pm

PARSIPPANY, N.J., Oct. 24, 2019 /PRNewswire/ -- American Financial Resources, Inc. (AFR) is pleased to announce that President Laura Brandao has been named to National Mortgage Professional Magazine's Mortgage Banking's Most Powerful Women 2019 list.

Key Points: 
  • PARSIPPANY, N.J., Oct. 24, 2019 /PRNewswire/ -- American Financial Resources, Inc. (AFR) is pleased to announce that President Laura Brandao has been named to National Mortgage Professional Magazine's Mortgage Banking's Most Powerful Women 2019 list.
  • Laura Brandao is recognized among 30 women on the 2nd annual list of today's top female leaders in the mortgage profession.
  • The list is compiled of pioneers, leaders and innovators, showcasing women who blaze new trails and lead the way for a brighter future in today's mortgage profession.
  • AFR utilizes the latest technology and delivers educational resources to mortgage brokers, loan originators and their customers.

Former Fannie Mae Executive, Robin Belanger, Joins NTC’s Award-Winning Executive Team

Wednesday, October 23, 2019 - 4:11pm

I am very excited to be part of the NTC executive team and the opportunities and partnerships that we can form to enhance certification and custody for the mortgage industry, said Belanger.

Key Points: 
  • I am very excited to be part of the NTC executive team and the opportunities and partnerships that we can form to enhance certification and custody for the mortgage industry, said Belanger.
  • Belanger joins NTC with over 20 years of experience in the mortgage banking industry.
  • For the past 10 years, Belanger worked for Fannie Mae in multiple positions.
  • We are beyond thrilled to welcome Robin to the NTC family, said NTCs CEO John Hillman.