Expansion

Planet Home Lending, LLC, a national mortgage lender and servicer, has a new team in Chandler, Arizona, led by Branch Manager Deb Gontko Klein (NMLS #1281046) with Loan Partner Robert Tiongson (NMLS #1585482).   

Planet Home Lending, a national mortgage lender and servicer, has hired Tom Reber (NMLS #450913) as Area Sales Manager in Jacksonville, Florida. Reber brings a wealth of experience and a vision for growth in key markets, aiming to expand the company’s presence in Daytona Beach, Jacksonville, Tallahassee and Savannah, Georgia. 

In its May Insights Report, STRATMOR Group explores the opportunities available for financial institutions such as banks and credit unions in the current tough mortgage market. According to STRATMOR, there are several strategies banks can work on right now that don’t directly relate to pricing discipline, cost cutting or operational efficiency, but that can move the dial in terms of gaining market share and improving profitability.

Optimal Blue launched its Optimize Your Advantage campaign in advance of the MBA Secondary and Capital Markets Conference. This brand initiative highlights the value and innovation the company delivers to clients. Through Optimal Blue’s position as the housing industry’s only end-to-end capital markets platform, lenders and other market participants have greater control of their profit margins, giving them distinct advantages, regardless of market conditions. In turn, they are better positioned to make housing finance accessible to more American borrowers.

LoanLogics, a provider of loan quality technology for mortgage manufacturing and loan acquisition, launched significant enhancements to its LoanBeam income calculation technologies. The enhancements will enable lenders to efficiently process income documents related to wage earners in the same service they use to process self-employed borrowers.

Voxtur Analytics Corp. (TSXV: VXTR; OTCQB: VXTRF), a technology company creating a more transparent and accessible real estate lending ecosystem, has launched VoxturRateAdvisor, a title insurance technology platform designed to present users with information on the right title product, the most competitive rates and services available on the market.

American Heritage Lending (AHL), a leader in Non-QM lending, proudly announces the successful deployment of the OptifiNow TPO CRM system. The timing is right for AHL to improve their sales and marketing capabilities while demand for Non-QM loans is growing, enabling AHL to capture a growing share of the market.

Agile, a fintech bringing mortgage lenders and broker-dealers onto a single electronic platform, launched electronic bidding for the fourth month in the To-Be-Announced mortgage-backed securities (TBA) market. This marks a significant leap forward in the trading landscape of off-screen securities.

Mortgage Capital Trading, Inc. (MCT), a mortgage capital markets technology provider, launched a new advancement: a Best Ex for Released and Retained all in one platform.

Embrace Home Loans, a national mortgage lender, recently expanded its reach in Rhode Island by opened offices in East Greenwich and East Providence. Branch Manager Mike Raffa leads the East Greenwich office and Branch Manager Jared Maxwell leads the East Providence office. Both previously served in Embrace’s Middletown, Rhode Island branch office.