National industry appointments update - 5/12/2006

National Mortgage Professional

May 11, 2006

SharperLending partners with CreditXpert Inc.MortgagePress.comMortgage due diligence, credit reports, SharperLending LLC, CreditXpert Inc. SharperLending LLC has partnered with CreditXpert Inc. to offer SharperLending users Credit Assure, a loan-closing software tool that automatically pre-scans credit files and identifies opportunities to raise credit scores, based on credit-data accuracy and credit management. SharperLending offers a bundled services platform that allows lenders to access Credit Assure to perform due diligence on all credit reports. Spokane, Wash.-based SharperLending LLC offers a Web-based mortgage credit reporting system to industry professionals. For more information, call (800) 452-1174 or visit www.sharperlending.com. Towson, Md.-based CreditXpert Inc. provides personalized credit management tools to help lenders make more informed decisions and close more loans. For more information, call (800) 500-8553 or visit www.creditxpert.com.

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May 11, 2006

Operations

Founder Fights loanDepot Board Over Adding WFG CEO

Anthony Hsieh intends to use his voting power to add Steve Ozonian as a director over board's objections.

Anthony Hsieh is out as executive chairman of loanDepot Inc. following a proxy fight over his bid to add the CEO of Williston Financial Group (WFG) to his company’s board of directors. Hsieh, who founded loanDepot in 2010 and is the company’s largest shareholder, sent a let...

Operations

Guild Mortgage Acquires Legacy Mortgage

San Diego-based lender continues to expand, adding New Mexico company.

Guild Mortgage continued its efforts to grow through acquisitions on Tuesday, announcing it has acquired Legacy Mortgage, an independent lender based in New Mexico. Terms of the transaction were not disclosed. Legacy Mortgage was founded in Albuquerque, N.M. in 2002, and w...