The Pulse

Capital One Financial Corp. has announced more than 900 layoffs in its departure from the home loan and home equity industries
Capital One Exits the Mortgage Business
Capital One Financial Corp. has announced more than 900 layoffs in its departure from the home loan and home equity industries.   According a Dallas Morning News report, the company’s closure of its mortgage business will result in the... Read more
Black Knight has announced that New American Funding has successfully implemented Black Knight’s LoanSphere Loss Mitigation solution
Virginia Martinez Joins New American Funding as Regional Manager
New American Funding has named Virginia Martinez as Regional Sales Manager to cover its Southern California market from the Central Coast to Coachella Valley. Martinez will oversee the daily operations of the region, while simultaneously... Read more
Pavaso Inc. has announced that it has selected eOriginal to support lenders in the digital mortgage process
Signature Closers Partners With Pavaso on Digital Closing Solutions
Pavaso has partnered with Signature Closers, rounding out Signature Closers’ offerings, providing access to Pavaso’s Digital Closing Services to deliver a closing experience that is modern, better, and faster. In addition, the relationship... Read more
Servicers Compliance Group (SCG), an affiliate of Lenders Compliance Group (LCG), has been retained by Loan Protector Insurance Services to enhance its compliance and risk management guidance
Loan Protector Insurance Services Partners With Servicers Compliance Group
Servicers Compliance Group (SCG), an affiliate of Lenders Compliance Group (LCG), has been retained by Loan Protector Insurance Services to enhance its compliance and risk management guidance, with an emphasis on Loan Protector’s... Read more
Black Knight has announced that New American Funding has successfully implemented Black Knight’s LoanSphere Loss Mitigation solution
New American Funding Opens New NorCal Branch in Novato
New American Funding continues its expansion across Northern California with the opening of its new Novato, Calif. location, the first retail site for the mortgage lender in Marin County.   “We look forward to servicing this region,” said... Read more
Informative Research has named Kimberly Donovan as their newest Vice President of Regional Sales
Informative Research Names Claudia Dorman VP of National Sales
Informative Research has announced Claudia Dorman as their newest Vice President of National Sales. Before joining Informative Research, Dorman was CoreLogic’s National Account Director of Global Mortgage Services for more than four years... Read more
Mike Surber, President and Chief Executive Officer of USA Business Lending, has announced the re-structuring of its real estate division, USA Realty International
Gabe Krych Joins the Proper Title Team
Proper Title LLC has announced the hiring of Gabe Krych as Senior Commercial Title Underwriter.   “Gabe is highly regarded as one of the foremost experts in title insurance in Chicago, so we are very fortunate to have her join our team,”... Read more
Freddie Mac ended the third quarter with $4.7 billion in net income, a substantial upswing from the $1.7 billion reported in the second quarter
Freddie Mac Posts Q3 Profits
Freddie Mac ended the third quarter with $4.7 billion in net income, a substantial upswing from the $1.7 billion reported in the second quarter. This was attributed to a $2.9 billion after-tax benefit from “mortgage-related securities... Read more
Equity Prime Mortgage LLC has announced the hiring of Ed Abufaris as new Senior Vice President of Third-Party Originations (TPO)
Ed Abufaris Joins Equity Prime as SVP of TPOs
Equity Prime Mortgage LLC has announced the hiring of Ed Abufaris as new Senior Vice President of Third-Party Originations (TPO). Equity Prime TPO is a multi-state lender licensed in 46 states that offers wholesale lending, mini-... Read more
Mortgage Coach has announced an integration between the Mortgage Coach platform and Tavant FinXperience–Retail platform
Mortgage Coach Forms Partnership With Tavant
Mortgage Coach has announced an integration between the Mortgage Coach platform and Tavant FinXperience–Retail platform. This integration creates a seamless connection between the two technologies, enabling the direct, automatic transfer... Read more