Embrace Home Loans Hires Kim Castiglioni As VP Of Market Growth National Condo Program Manager

Embrace Home Loans, a top-ranked national mortgage lender, announced Kim Castiglioni has been named vice president of market growth and national condominium program manager. Castiglioni is responsible for expanding the company’s retail mortgage sales team in the Southeast U.S., developing strategic alliances with prospective clients, and leading Embrace’s growth strategy for condominium and cooperative property financing nationwide.  

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STRATMOR Research: 2021 May Be The Biggest Year For Industry Consolidation In Years

In its September Insights Report, mortgage advisory firm STRATMOR Group points to data that suggest that this year will be one of the biggest years for industry Mergers & Acquisitions (M&A) activity. In “Mortgage Industry Consolidation: Fact, Fiction or Frenzy?” David Hrobon, STRATMOR Group Principal and former Chairman and CEO of Wintrust Mortgage, connects the dots between industry profitability and M&A activity. 

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Climate Change Report: Mortgage Industry Needs To Improve Risk Management Measurements

Climate change triggered by global warming will continue at an unpredictable pace and will add stress to the complex system of allocating risks across housing and housing finance stakeholders, according to a new research report released by the Mortgage Bankers Association’s (MBA) Research Institute for Housing America (RIHA).

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Survey Finds Rising Concern Over Real Estate Transaction Turn Times

Williston Financial Group (WFG), a Portland-based, full-service provider of title insurance and real estate settlement services for commercial and residential transactions nationwide, has released the findings of its 2021 survey of WFG Executive Roundtable members and other industry leaders, and the results signal a marked increase in concern over the impact lengthy turnaround times are having on real estate transactions.

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MISMO, Snapdocs Collaborate On New e-Eligibility Service

MISMO, the real estate finance industry’s standards organization, announced a collaboration to develop the MISMO e-Eligibility Service, Powered by Snapdocs (the e-Eligibility Service). The online service will be developed in partnership with Snapdocs, Inc., a leading digital closing platform for the mortgage industry. This resource will enable mortgage industry participants to better understand how digital a mortgage transaction can be. It will help lenders easily determine the right type of digital mortgage closing for each loan by quickly assessing the different factors that impact its e-Eligibility, or its ability to be digitized.

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Homespire Mortgage Donates Over 7,000 Pounds Of Food

Residential mortgage lender, Homespire Mortgage, has announced the success of its recent Homespire CAN food drive, an initiative to help reduce childhood hunger and support the local communities in which employees live and work. With an initial goal of raising one ton of non-perishable food donations for local non-profit pantries and organizations, Homespire’s employees worked together to more than triple this goal. According to Feeding America, Homespire’s donation of 7,211 pounds of food will equate to 6,009 meals for families in need.

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TitleEase Offers Title & Settlement Services Franchise Opportunities

The Lincoln Family of Companies has launched a title and settlement services franchise business, TitleEase, to allow entrepreneurs involved in the real estate sales and financing industries to expand their businesses and enter new revenue streams via a completely turnkey solution. As the market contracts in 2022, companies that can also capture title and closing business can continue to grow.

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Broker Platform Positions Lender For Rapid Expansion

Tavant, a Silicon Valley-based digital lending solutions provider, announced its broker experience partnership with Bayview today. Bayview’s new FinXperience platform features a seamless, end-to-end digital lending experience that reduces processing time and the overall cost of loan origination. Partnering with Tavant allows Bayview to rapidly expand its wholesale business over the next two years through Lakeview, its wholesale mortgage provider and subsidiary.

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