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Heard on the Street

Norcom Mortgage Adds Four Branches in Mid-Atlantic Region

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Norcom Mortgage has continued to expand its footprint into new states, by opening four new branches in the Mid-Atlantic region.Click to continue

Capsilon Names V.J. Anand New CTO

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Capsilon announced that V.J. Anand has joined the Capsilon leadership team as chief technology officer. In this role, Anand is resonsible for Capsilon’s global engineer team and delivering innovation that changes the way mortgage lenders do business.Click to continue

Anastasia Davis Stull Named NewOak Managing Director of Credit Services

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NewOak announced the appointment of Anastasia Davis Stull as a managing director in its Credit Services group, responsible for business development and execution in the areas of regulatory compliance and risk management for the financial services sector.Click to continue

Informative Research Joins Lenders One Mortgage Cooperative

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The Lenders One Mortgage Cooperative has added Informative Research as its newest preferred provider. Lenders One Members now have additional access, at a discounted rate, to mortgage information services including tri-merge credit reports, fraud detection, credit score management tools and more.Click to continue

New American to Implement Black Knight's MSP Platform

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Black Knight Financial Services announced that New American Funding has signed a five-year contract to implement MSP, Black Knight's mortgage and consumer loan servicing platform, to support New American Funding's growing servicing business.Click to continue

McLean Mortgage Enjoys Big Q2 and Adds Gil Lunsford to Sales Team

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McLean Mortgage Corporation announced that the company closed $365 million (1,065 loans) in mortgages in the second quarter of 2014. This production level was up 74 percent from the first quarter of the year when the company closed $210 million (660 loans) in mortgages. The purchase share of production reached 83 percent in the second quarter while the industry averaged approximately 59 percent purchase share according to the Mortgage Bankers Association (MBA).Click to continue

Industry Vet Chris Dufault Joins Ernst Publishing as Director of Product Management

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Ernst Publishing Company announced that Chris Dufault, an industry veteran with more than 25 years of experience, will join the company as director of product management. In his new role, Dufault will lead a team that will direct the company’s future product development as well as the enhancement of the company’s industry leading offerings.Click to continue

Zillow to Purchase Trulia for $3.5 Billion

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Zillow Inc. has announced that it has entered into a definitive agreement to acquire Trulia Inc. for $3.5 billion in a stock-for-stock transaction.Click to continue

Greystone Names Nikhil Kanodia Managing Director

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Greystone has announced that Nikhil Kanodia has joined as a managing director. Nikhil will report to Mordecai Rosenberg in Greystone's New York office and will focus primarily on managing client relationships with various real estate owners, originating new loans and identifying opportunities for new initiatives in the marketplace.Click to continue

Comergence Names Corey Przenkop VP of Business Development

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Comergence hired Corey Przenkop as vice president for business development to help guide its rapid growth. In this role, Przenkop will be responsible for advancing the sales of its REALM for Appraisers tool to appraisal management companies (AMCs) and appraisers.Click to continue