In his new position, Schmidt will manage the underwriting, appraisal, closing/funding, post-closing and construction lending departments, and he will also be responsible for expanding Gateway’s mortgage call centers in Dallas and Frisco, Texas. Schmidt has been with the bank since coming aboard in October 2010 as regional vice president.Company pivots toward partner-led distribution and expects annualized cost reductions to exceed $45 million by year-end
Better Home & Finance founder Vishal Garg is leaving the CEO role, effective immediately, while the mortgage fintech pivots toward a partner-led platform strategy and accelerates cost reductions.The company’s board appointed director Daniel Lewis as interim CEO, Better a...
The acquired technology keeps rejected applicants connected to their lender while they work toward eligibility, creating a potential pipeline of mortgage-ready borrowers
A borrower who cannot qualify today may still represent future business. MeridianLink is buying technology designed to keep that prospect connected to the lender instead of allowing a loan denial to end the relationship.The lending technology provider announced Monday that i...
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