News Flash

CCG Catalyst provides strategic and capital assessment services to financial institutions
Phoenix-based CCG Catalyst, a bank consulting firm providing strategic guidance for financial organizations, announced that it is offering strategic and capital assessment services for financial institutions to better plan long-term... Read more
MBA names Gail Cardwell senior vice president of commercial/multifamily
The Mortgage Bankers Association (MBA) has announced that Gail Cardwell has been named senior vice president of commercial/multifamily. Cardwell will manage the commercial/multifamily group as it serves the needs of the association's... Read more
Bank of America completes nearly 33,000 permanent modifications in March
Bank of America has placed nearly 33,000 struggling homeowners into completed mortgage modifications with affordable payments under the federal government's Home Affordable Modification Program (HAMP), including more than 12,000 since the... Read more
Meridian Capital Group adds Marty Lanigan to their ranks
Meridian Capital Group LLC has announced the addition of Marty Lanigan as senior managing director of origination and strategic initiatives. Lanigan will be responsible for overseeing the company’s origination efforts nationally and... Read more
Wells Fargo authorizes Ellie Mae's Encompass360 as technology partner
Ellie Mae has announced that Wells Fargo Funding has approved Encompass360, Ellie Mae’s mortgage management solution, for e-signing and e-delivery of disclosure documents. Users of Encompass360 can now meet Wells Fargo Funding submission... Read more
Countdown To Buy platform receives new set of foreclosed properties
Countdown To Buy, a next generation online real estate marketplace that offers a fair and effective way to buy and sell properties, announced that it has entered into a new pilot program with another leading lending institution to offer... Read more
Embrace Home Loans expands further with opening of Maryland branch
Embrace Home Loans, a direct lender for Fannie Mae and Freddie Mac, approved by the Federal Housing Administration (FHA) and the U.S. Department of Veterans Affairs (VA), and an issuer for Ginnie Mae, has officially opened a new branch in... Read more
Ocwen's Web tools successful in fight against foreclosure
Ocwen Loan Servicing has announced some early results after three months of using MKDirect, a MortgageKeeper Referral Services product that connects homeowners to high quality non-profit and government services. In the last 30 days alone,... Read more
FHA to accept DocuSign for real estate contracts nationwide
DocuSign, an on-demand electronic signature solutions, has announced that e-signed third-party documents, including real estate contracts, are now being accepted by the Federal Housing Administration (FHA). DocuSign spearheaded an... Read more
Valligent announces new appraisal consulting division
Valligent, a provider of property valuation and risk management solutions, has launched a consulting division aimed at helping lenders develop strategies for providing accurate, compliant, and cost-effective valuation solutions. The new... Read more