News Flash

Ellison named president of BB&T Warehouse Lending Division
BB&T Corporation has announced that Jeff Ellison has been named as president of its Mortgage Warehouse Lending Division, which provides short-term financing to mortgage companies. Ellison will oversee daily operations and nearly 60... Read more
UnitedTech Lender Services Acquires Assets of LandAmerica OneStop
UnitedTech Lender Services (UTLS) has purchased assets of LandAmerica OneStop, which includes the Default Services division (formerly known as LandAmerica Default Services Company) and BackInTheBlack, one of the industry's most... Read more
Teresa Switzer joins MCS as VP of business development, client relations
Mortgage Contracting Services (MCS), a property preservation and inspection services provider to the mortgage industry, has announced the addition of Teresa Switzer as vice president of business development and client relations. Working... Read more
StreetLinks confirms FHA appraisal rules compliance
StreetLinks National Appraisal Services announces its full compliance with FHA Mortgagee Letter 2009-28 released several weeks ago. FHA has long advised lenders and appraisers of the importance of appraiser independence in the context of... Read more
Informative Research and ValuFinders form partnership
Informative Research, a provider of mortgage credit information nationwide, and ValuFinders, a provider of valuation services to national lenders and government agencies, have announced a strategic partnership which provides seamless... Read more
Lend America launches correspondent lending platform
Lend America, a leading next generation FHA lender, announced it is launching an FHA concentrated correspondent residential mortgage lending platform, Lend America Mini Ginnie Correspondent, that will purchase closed loans from selected... Read more
MBA names new RESBOG members and leadership
The Mortgage Bankers Association (MBA) has announced Debra W. Still, CMB, president and chief executive officer of Pulte Mortgage LLC in Englewood, Colo., as chairman of its Residential Board of Governors (RESBOG) and, Henry V. Cunningham... Read more
MERS and Interthinx form alliance for fraud prevention
MERSCORP Inc. (MERS) and Interthinx have announced the launch of a national fraud prevention database that will, for the first time, allow lenders to seek, identify, and share suspected fraudulent activity in loan applications from the... Read more
PCLender.com selects a la mode's Mercury Network as its HVCC-compliant appraisal platform
a la mode, the nation's dominant mortgage and appraisal technology company, announced that PCLender.com, the industry's leading enterprise web-based mortgage lending platform, has chosen Mercury Network as its appraisal workflow and... Read more
MBA elects 2009 officers in San Diego
The Mortgage Bankers Association (MBA) has announced the election of Robert E. Story Jr., CMB, president and chief executive officer of Seattle Financial Group, as the 2010 chairman of MBA at the association's 96th Annual Convention &... Read more