News Flash

Christopher Kuehl appointed SVP of mortgage investments at American Capital Agency Management
American Capital Agency Corporation has announced that Christopher Kuehl will be joining American Capital Agency Management LLC, as head of mortgage investments, reporting to Gary Kain, president of American Capital Agency Management and... Read more
Informative Research partners with LPS on AVM products
Informative Research has announced the availability of Automated Valuation Models (AVMs) through an extended relationship with Lender Processing Services (LPS). A cascade of up to four AVMs ensures the highest hit rate possible by... Read more
Inlanta Mortgage continues expansion, now licensed in Arizona
Inlanta Mortgage, a mortgage banker since 1993, has announced that it has recently obtained its license in Arizona. "From our continued growth and expansion into additional states, most recently Kansas and now Arizona, we are able to... Read more
Freddie Mac names Jerry Weiss to the newly created position of EVP, chief administrative officer
Freddie Mac has named Jerry Weiss to the newly created position of chief administrative officer (CAO). Weiss will continue to serve as the company's chief compliance officer and oversee the compliance, economics and strategy, regulatory... Read more
Prospect Mortgage adds Jeremy Daugherty
Jeremy Daugherty has joined Prospect Mortgage as the new district manager for the company's southern Nevada region. Daugherty has 20 years of experience in the customer service management industry and nine years in the mortgage industry. ... Read more
Cenlar and Mortgage Builder form LOS servicing partnership
Mortgage Builder Software, a provider of loan origination software (LOS) technology, has announced its strategic alliance with Cenlar FSB, a subservicer of mortgage loans. Mortgage Builder has integrated with Cenlar to provide a seamless... Read more
Flagstar sees 26 percent increase in originations in Q2
Flagstar Bancorp Inc., the holding company for Flagstar Bank FSB, has reported a second quarter 2010 net loss applicable to common stockholders of $(97.0) million, or $(0.63) per share (diluted) based on average shares outstanding of 153,... Read more
Mortgage Builder and NYLX form pricing partnership
Mortgage Builder Software, a provider of loan origination software (LOS) technology, has completed its integration with product eligibility and pricing (PPE) technology provider, NYLX, of Mt. Arlington, N.J. The partnership results in a... Read more
CIT names ex-Freddie Mac CEO Moffett to its board of directors
CIT Group Inc., a provider of financing to small businesses and middle market companies, has announced that David M. Moffett has been named to CIT's board of directors effective July 27, 2010. He will serve as a member of CIT's Audit... Read more
RedVision announces westward expansion
RedVision, a provider of real property research solutions, has announced their expansion to the state of Utah. Covering more than 85 percent of the state's population, RedVision will be fully operational in the counties of Davis, Salt Lake... Read more