The Pulse

LenderLive Network LLC has announced that it has reached a definitive agreement with PHH Mortgage Corporation to assume its private label fulfillment operations in Jacksonville, Fla.
LenderLive’s Settlement Services Division Adds Bill Welch as VP of Sales
LenderLive Holdings Inc. has named Bill Welch as vice president of national sales for the company’s Settlement Services Division where he will be responsible for developing new client relationships and supporting existing ones for... Read more
Christina Baker has joined Academy Mortgage as executive vice president of Operations
Academy Mortgage Names Two Regional Managers to Lead West Coast Expansion
Leif Boyd and Patrick Welberg have joined Academy Mortgage as regional managers to oversee Academy’s sales, recruiting, personnel management, market expansion and business development along the West Coast.   Boyd (pictured right) will... Read more
Home Point Financial to Acquire Stonegate Mortgage
Home Point Financial Corporation and Stonegate Mortgage Corporation have announced they have entered into an agreement for Home Point to acquire Stonegate Mortgage in an all-cash transaction valued at approximately $211 million. Under the... Read more
Assurant Mortgage Solutions Announces Two Key Executive Appointments
Assurant Valuations, part of Assurant Mortgage Solutions, has appointed Marc Hinkle as senior vice president, responsible for Assurant Valuations’ Operations, with a focus specifically on broker price opinion products, hybrid/alternative... Read more
Redfin has announced the formation of Redfin Mortgage to loan money to Redfin customers buying homes
Redfin Enters the Mortgage Space With Launch of Redfin Mortgage
  The Dallas-based real estate brokerage Redfin has expanded into the home loan business with the launch of Redfin Mortgage. The new company will focus exclusively on Redfin customers buying homes in the Austin, Dallas, Houston and San... Read more
Hunt Mortgage Group has announced that Ted Nasca has joined the firm as managing director
Managing Director Ted Nasca Joins Hunt Mortgage Group
Hunt Mortgage Group has announced that Ted Nasca has joined the firm as managing director, where he will operate out of the firm’s Chicago office and report to Bill Hyman, senior managing director and chief production officer. Nasca will... Read more
Stearns Lending LLC has announced the sale of its Delegated Correspondent Lending business to Flagstar Bancorp Inc.
Heather Slapak Named First VP of Warehouse Lending for Flagstar Bank
Flagstar Bank has announced the addition of Heather Slapak as a first vice president in Warehouse Lending. Heather joins Flagstar from Comerica Bank, where she spent most of her 18-year career as a relationship manager in their Warehouse... Read more
PCLender Integrates With Blend to Enhance Digital Mortgage Experience
PCLender has announced an enhanced integration with Blend, a Silicon Valley-based technology company bringing mortgages into the modern age. As a result of the partnership, lenders who work with PCLender will be able to easily deploy Blend... Read more
loanDepot Funds $100 Billion in Just Seven Years, Announces Expansion
loanDepot has announced that it has continued its record growth by funding $100 billion in home, personal and home equity loans since its inception in 2010. loanDepot has grown originations on average by 70 percent annually since 2010, and... Read more
OpenClose and Mortgage Capital Trading Inc. (MCT) announced they have developed an integration that eliminates manual intervention and streamlines the delivery of loan data to maximize hedging for lenders
OpenClose and MCT Integration Streamlines Loan Data Delivery
OpenClose and Mortgage Capital Trading Inc. (MCT) announced they have developed an integration that eliminates manual intervention and streamlines the delivery of loan data to maximize hedging for lenders. The integration works by... Read more