News Flash

First Associates implements Altisource’s REALRemit system
Altisource Portfolio Solutions, an end-to-end provider of products and services for the mortgage industry, has announced that consumer loan servicing firm First Associates Inc. has implemented Altisource’s REALRemit, an automated e-... Read more
Knight Capital Group announces acquisition of Urban Financial Group
Knight Capital Group Inc. has announced that it has agreed to acquire Urban Financial Group Inc., a privately-held, independent mortgage company. An originator of direct and brokered residential mortgage loans, Urban Financial is a major... Read more
American Financial Resources/AFR Mortgage selects Timios as exclusive settlement agent
American Financial Resources Inc., a nationwide mortgage lender, has selected Timios Inc., as their exclusive agent to conduct closings and escrow services for all residential mortgages where permitted by state and local laws. Last year,... Read more
Fairway Independent Mortgage names Walnick and Cutaia presidents
Fairway Independent Mortgage Corporation has promoted Paul Walnick to president of mortgage operations and Dan Cutaia to president of capital markets and risk management. The promotions of both mortgage veterans are intended to position... Read more
Flagstar Bancorp announces pricing of common stock offering
Flagstar Bancorp, the holding company for Flagstar Bank FSB, announced that it has priced a public offering of 500 million shares of common stock to the public at $0.50 per share for total gross proceeds of approximately $250.0 million.... Read more
Anthony Self joins GoHoming as head of business marketing
Anthony Self, has joined the GoHoming team as head of business marketing. Anthony has a proven track record in implementing and growing real estate business channels and establishing strategic partnerships with top tier real estate portals... Read more
Interactive Data to provide independent evaluations for GNMA reverse MBS
Interactive Data Corporation, a provider of financial market data, analytics and related solutions, has announced that its Pricing and Reference Data business is now providing daily independent evaluations for fixed-rate reverse mortgage-... Read more
HOPE LoanPort names board of directors and CEO
HOPE LoanPort, the counselor Web-based tool that streamlines submission of completed loan modification applications, including those used for the Home Affordable Modification Program (HAMP), has announced that six people will serve on its... Read more
Carleen Swanson joins Advanced Data's New York metro sales team
Advanced Data has announced the addition of Carleen Swanson to its New York metro sales team. Swanson will take the lead on the steady expansion of the sales division in the New York City area. She brings years of management and sales... Read more
Intelenet partners with SigniaDocs for real-time eModification solution
Intelenet Global Services, a leading provider of business process outsourcing (BPO) support services for the mortgage banking industry, announced that it has partnered with SigniaDocs Inc., an eMortgage solutions provider, to offer a... Read more