News Flash

Equifax and Interthinx Join Forces to Reduce Fraud
Equifax has formed a relationship with Interthinx, a Verisk Analytics company, to give financial institutions visibility into the underwriting process. Interthinx clients can now seamlessly access Equifax's Undisclosed Debt Monitoring... Read more
Joe Cliver Joins the DocuTech Team
DocuTech Corporation (DocuTech), a provider of mortgage compliance documents, closing documents and initial disclosures for the mortgage industry, has announced that Joe Cliver has been named account executive for lenders in the Northeast... Read more
Fifth Third Mortgage's HAMP Conversion Rate Ahead of the National Average
Fifth Third Mortgage Company, a subsidiary of Fifth Third Bank, continues to outpace the industry in permanent modifications in the government's Home Affordable Modification Program (HAMP). Of the mortgage company's portfolio eligible for... Read more
New Vista Acquires the Asset Management Business of REDC Default Solutions
New Vista Asset Management, a San Diego, Calif.-based real estate-owned (REO) asset management firm, has acquired the REO asset management business unit of REDC Default Solutions LLC (REDC). Terms of the transaction were not disclosed. The... Read more
Todd Galde and David Morris Join Landmark Mortgage Group
Landmark Mortgage Group has announced the addition of David Morris and Todd Galde to its ranks. Both Morris and Galde will work from the company's Pleasanton, Calif. office where they will offer all of Landmark's mortgage products. Morris... Read more
TitleVest Adds New CFO and Senior Underwriting Counsel
Manhattan-based TitleVest, a provider of title insurance and related real estate services, has announced the addition of James Leslie as chief financial officer and Glen Chernick as senior underwriting counsel. Leslie joins TitleVest after... Read more
Erik Martin Joins Total Mortgage Services as National Sales Manager of the Retail Channel
Total Mortgage Services LLC has announced the promotion of Erik Martin as the company’s national sales manager of its retail channel.  Martin brings to this newly-created position 15 years of production, underwriting and operational... Read more
Shrini Gopalan Named COO of String Real Estate Information Services
String Real Estate Information Services, a consultancy and back-office service provider to the U.S. home finance industry, has announced that Shrini Gopalan has assumed the position of chief operating officer. The move is in line with the... Read more
Flagstar Adds New Executives and Plans Midwest and New England Market Expansion
Flagstar Bancorp Inc. has announced the addition of several new key executives and plans to expand the Bank's commercial lending business. Joining Flagstar's leadership team will be Steven J. Issa, who was appointed to the position of... Read more
Titan Lenders Corporation and Grid Financial Partner to Lower Mortgage Lenders' Operating Costs
Titan Lenders Corporation (TLC), a U.S.-based domestic mortgage fulfillment outsource operation, and Grid Financial Services Inc. (Grid Financial), a U.S.-based domestic business process outsource provider for loan processing, underwriting... Read more