News Flash

Frontier State Bank selects Kroll to provide independent verifications
Kroll Factual Data, a leading provider of business information solutions to financial organizations announced that they have been selected by Frontier State Bank to provide independent verification of borrower data prior to all loan... Read more
MCS promotes Maxwell to EVP of operations
Mortgage Contracting Services (MCS), a property preservation and inspection services provider to the mortgage industry, has announced the promotion of John Maxwell to executive vice president of operations. Since initially joining the... Read more
Lenders One reaches milestone of 150 members and counting
Lenders One Mortgage Cooperative, a national alliance of independent mortgage bankers, announced that it has reached another milestone as total membership climbed to 150 lenders in October. After attracting 42 new members in 2008, the... Read more
Superior Bank to double its mortgage banking team
Superior Bank, one of Alabama's leading home mortgage lenders and the major subsidiary of Superior Bancorp, has announced that it plans to double its mortgage banking operation by adding more than 60 people to its existing operation in... Read more
NexBank to significantly expand retail and wholesale mortgage divisions
NexBank, a North Texas banking and financial services company, has unveiled a plan to expand its retail and wholesale mortgage divisions to further enhance its developing service operation among a growing network of homeowners, real estate... Read more
BofA hires Chris Flanagan as head of U.S. mortgage and structured finance research
BofA Merrill Lynch Global Research has announced the hiring of Chris Flanagan as head of U.S. mortgage and structured finance research. In this role, Flanagan will be responsible for the strategy and development of our research product,... Read more
NetMore America appoints John Cassell SVP of retail production
NetMore America Inc., an expanding next generation mortgage banker, has announced the hiring of John Cassell as senior vice president of retail production. Cassell brings to this newly created position over 20 years of experience in the... Read more
MRG ready for RESPA changes taking place Jan. 1, 2010
MRG Document Technologies (MRG), a provider of mortgage technologies to banks, credit unions and other lenders, announced that it has completed the drafting of new Good Faith Estimate (GFE) and Settlement Statement (HUD-1) forms required... Read more
NAR partners with DocuSign to deliver e-signature services to its members
An ability to sign bids and closing documents online will allow Realtors to respond to buyers and sellers in a more timely manner, as the National Association of Realtors (NAR) has announced a business alliance with DocuSign, the leading... Read more
CampusMBA teams with XINNIX and Vermillion Consulting to offer comprehensive LO training
CampusMBA, the award-winning education division of the Mortgage Bankers Association (MBA), has announced it is teaming up with XINNIX, The Mortgage Academy of Excellence, and Vermillion Consulting Inc. to offer an expanded variety of... Read more