“Because Cloudvirga technology touches every part of the mortgage workflow, from point of sale through closing, it is critical that we take compliance every bit as seriously as do our customers, so we are very excited to have Maria join our team,” said Cloudvirga CEO Michael Schreck. “Her deep understanding of the mortgage industry’s legal and regulatory complexities will ensure that Cloudvirga builds on our leadership position for years to come.”Employers added just 29,000 jobs in September, sending Treasury yields lower and offering a potential counterweight to the recent rise in mortgage rates
The September jobs report gave the mortgage market something it hasn't had much of lately: downward pressure on Treasury yields.U.S. employers added just 29,000 jobs in September, while the unemployment rate edged up to 4.2%, according to the Bureau of Labor Statistics. The ...
The wholesale lender is adopting a new identity three years after acquiring Homepoint’s wholesale business and rising to No. 4 in industry rankings
The Loan Store has a new name after a three-year expansion that transformed the once-small wholesale lender into one of the largest players in the broker channel.The Tucson, Arizona-based lender has rebranded as Averra Financial Inc., effective immediately, the company annou...
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