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Marita Bankhead Joins AFR as Production Manager

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Marita Bankhead recently joined American Financial Resources Inc. (AFR) operations as CDE production manager. Marita has an extensive background in correspondent lending, ranging from underwriting, compliance, purchasing bulk bids and working with correspondent lenders across the country.Click to continue

Embrace Home Loans Urges Community Financial Institutions to Remain in the Mortgage Game

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As the risk, cost and complexity of lending surges, community financial institutions are increasingly exiting the mortgage business. In response, Embrace Home Loans has released a new educational video, detailing the benefits for why community financial institutions must preserve their lending operations to better retain members and maintain a competitive edge. The video will debut during NAFCU’s 47th Annual Conference & Solutions Expo at Embrace’s booth.Click to continue

RealtyTrac Partners With Software Provider Rappatoni

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RealtyTrac has announced a new agreement to license tax, deed and mortgage information, foreclosure data, and Homefacts neighborhood data to Rapattoni Corporation, a leader in internet-based MLS software. The multi-year agreement will encourage growth and innovation between both companies.Click to continue

Freedom Mortgage Funds $2 Billion-Plus in Residential in June

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Freedom Mortgage Corporation funded more than $2 billion in residential mortgages in the month of June. While the mortgage industry is experiencing a downturn, Freedom Mortgage has increased market share while remaining highly compliant, customer-centric, credit-conscious and profitable. This milestone was celebrated with a company-wide national Webcast from Freedom Mortgage’s senior management team.Click to continue

Liquid Logics Retains Chief Sales Support Staffer

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Liquid Logics announced that New York-based DAL Group and its chief consultant, Derrick Logan, have been retained by the company to provide direct sales support for its origination technology. DAL group provides sales, marketing and property preservation consulting to the mortgage industry.Click to continue

Altisource Acquires Mortgage Builder Solutions

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Altisource Portfolio Solutions SA has announced that it has entered into a definitive agreement to acquire Mortgage Builder Software Inc. Combined with the recent acquisition of Equator LLC, this addition will extend Altisource’s position as a market leader for real estate and mortgage lifecycle management technologies and marketplace services and will further diversify its customer base by providing software solutions to leading mortgage banks, credit unions andClick to continue

LRES Promotes Alice Sorenson to EVP

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LRES has named Alice Sorenson, formerly LRES’ chief investment officer (CIO), as executive vice president and management advisor. Her responsibilities will focus on corporate strategic planning, cultivating prospective leads and establishing new business opportunities. Previously, Sorenson served for two years as LRES’ CIO and four years as COO.Click to continue

Inlanta Mortgage Honored by USDA Rural Development

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USDA Rural Development State Director Stan Gruszynski has named Inlanta Mortgage as a recipient of USDA's 2013 Platinum Million Dollar Lender Award.The Award is presented each year to lenders who have partnered with, and made a significant contribution to, supporting Wisconsin rural residents looking to become homeowners through the USDA Guaranteed Rural Housing (GRH) Program.Click to continue

UFA Expands Business to Hawaii

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Urban Financial of America LLC (UFA) has announced that it is now licensed to conduct its retail and wholesale reverse mortgage business in the state of Hawaii. Reverse and traditional "forward" mortgage companies licensed in Hawaii can now offer UFA's competitively priced reverse mortgages, which allow those age 62 and older to convert a portion of their home equity into tax-free funds for greater financial flexibility while remaining in their homes.Click to continue

Zillow Partners With RealPage

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Zillow Inc. has announced a new partnership with RealPage to help connect multifamily companies with new residents. This partnership will broaden the marketing exposure for multifamily rental companies that choose to market their rental listings on Zillow, while providing new tools and services to help them manage their listings and find their new residents more quickly.Click to continue