Black Knight, Inc. released the second generation of its Rapid Analytics Platform (RAP), which includes a powerful new design that delivers a streamlined workflow experience for users. RAP also now includes several additional datasets that clients can leverage to address a variety of critical business needs.
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This week, LoanPro, a SaaS-based company who provides nextgen loan servicing/management software, began shipping hundreds of boxes of branded gifts to US and Canadian-based lenders, channel partners, consultants, influencers, etc.
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BSI Financial Services, a mortgage-centric financial services company, announced that Michael Bugbee has been hired as vice president of client success, where he will lead the company’s broader strategy to better align the delivery of its robust and client-centric focus with the expanding needs of BSI’s growing primary and specialty servicer client base.
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PROGRESS in Lending surveyed its 90,000 plus readers and they were all united in how they saw the future trajectory of interest rates. In total, 100% of respondents believe that interest rates will increase this year.
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Gateway Mortgage, a division of Gateway First Bank, announced the opening of a new mortgage center in Tulsa, Oklahoma. This new center, located in the Shoppes on Peoria at 1717 North Peoria, will be the only full-service mortgage center of its kind focused on the housing finance needs of residents in the area.
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Delinquency rates for mortgages backed by commercial and multifamily properties decreased again in March, reaching the lowest level since the onset of the COVID-19 pandemic, according to the Mortgage Bankers Association’s (MBA) latest monthly CREF Loan Performance Survey. The survey was developed to better understand the ways the COVID-19 pandemic is impacting commercial mortgage loan performance.
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Plaza Home Mortgage, a wholesale and correspondent mortgage lender, announced that Michael Fontaine, has been named Co-President of Plaza (he will also continue as Chief Operating Officer) and Michelle Richardson, will become Senior Vice President, Chief Financial Officer.
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Monifi, a mobile banking application built around the principle of goal-based banking, has launched to help people have a more personalized interaction with all of their financial transactions. More than just a bank, Monifi is a financial tracking and budgeting app that effortlessly helps customers create robust and smart money saving habits through a platform that speaks to the way people think about their money.
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John Bordon joins Verity Global Solutions’ expanding team as senior vice president of technology and loan services. In his role, Bordon is tasked with implementing innovative mortgage process optimizations including artificial intelligence and robotic process automation (RPA).
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Maxwell completed Series B: a $16.3 million funding round led by Fin VC and TTV Capital. The company’s existing partners Anthemis Group, Route 66 Ventures, Cantos Ventures, Thirdstream Partners, and Sovereign’s Capital also participated, along with new investors Rotor Capital, Prudence Holdings, and The Mortgage Collaborative Emerging Technology Fund.
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Genworth Mortgage Insurance, an operating segment of Genworth Financial, Inc. (NYSE: GNW), released the 15th edition of the First-Time Homebuyer Market Report, authored by its Chief Economist, Tian Liu, for the fourth quarter and full-year of 2020. The report aggregates all publicly available government data and proprietary mortgage industry data into one digestible report.
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