Author: PROGRESS In Lending

First Option Mortgage, a national residential mortgage lender, has opened four new offices in multiple states. The new offices are a part of the company’s mission to grow its brand.

As most of you know by now Kelly Purcell passed away last week Saturday. Losing a friend is hard, but Kelly was so much more to so many of us. As I was processing how I felt I wasn’t sure if I was going to write something, but I was asked to do so by some industry friends so I decided that I should honor my friend and write about her here.

Valutrust Solutions, LLC, a Williston Financial Group company, providing national appraisal management services and proprietary technology solutions to banks and residential lenders, has added property evaluation services and broker price opinions (BPOs) to its suite of property valuation offerings.

Lenders of all sizes are struggling with being prepared for URLA due to a lack of resources and expertise. In some cases lenders just need someone to come alongside their internal team to get this across the finish line. Technology can help.

Advantage Systems, a provider of accounting and financial management tools for the mortgage industry, announced today updates to the Commissions Module of its Accounting for Mortgage Bankers (AMB) software. The company implemented these updates concurrent with emerging industry trends.

Five million households did not make their rent or mortgage payments in December, and 2.3 million renters and 1.2 million mortgagors said they feel they are at risk of eviction or foreclosure, or would be forced to move in the next 30 days.