News Flash

NAIC selects Blackrock Solutions to model CMBS
The National Association of Insurance Commissioners (NAIC) has selected Blackrock Solutions to assist state regulators as they determine risk-based capital (RBC) requirements for the commercial mortgage- backed securities (CMBS) held by... Read more
Fidelity National Financial acquires Commerce Velocity
Fidelity National Financial Inc. (FNF), a provider of title insurance, mortgage services, specialty insurance and information services, has announced the acquisition of Commerce Velocity. Commerce Velocity provides technology solutions to... Read more
Inlanta raises funds for Habitat for Humanity
Inlanta Mortgage recently collected more than $2,300 in donations for Habitat for Humanity at its recent annual conference in Wisconsin Dells, Wis. Inlanta sponsored the dunk tank, while employees donated money to have the chance to dunk... Read more
National Mortgage Forensic Loan Auditors launches consumer assistance
National Mortgage Forensic Loan Auditors (NMFLA) , a firm that specializes in residential and commercial loan audit services, has recently opened its doors to homeowners and consumers allowing the public to obtain these services directly... Read more
Guaranteed Home Mortgage opens New York City branch at Rockefeller Plaza
Guaranteed Home Mortgage Company Inc., a national residential mortgage investment and banking firm, has announced the establishment of a new office in Rockefeller Plaza to anchor its New York business and provide a base of operations to... Read more
Marix Servicing to be bought by Walter Investment Management
Walter Investment Management Corporation has announced that it has entered into a definitive agreement with Marathon Asset Management LP to purchase Marix Servicing LLC, a high-touch specialty mortgage servicer. Marix, based in Phoenix,... Read more
Horizon Consulting launches “Back to Basics” campaign to stamp out mortgage fraud
Horizon Consulting, a provider of financial support outsourcing services, has announced a “Back to Basics” initiative to advance the cause of risk mitigation and fraud prevention in the mortgage loan industry through intensified quality... Read more
Kelli Himebaugh promoted to VP of client development for Mortgage Builder
Mortgage Builder, a leader in loan origination software (LOS) technology for the mortgage industry, has created the new client-focused position and has appointed Kelli Himebaugh vice president, client development to further invest in... Read more
Freddie Mac names Subha V. Barry SVP, chief diversity officer
Freddie Mac has named Subha V. Barry to the position of chief diversity officer (CDO). In this position, Barry will lead the company's newly formed Office of Diversity and Inclusion, with overall responsibility for the combined functions... Read more
Rick Borges elected 2011 VP of the Appraisal Institute
Richard L. (Rick) Borges II, MAI, SRA, formerly of Seymour, Ind., has been Thursday as 2011 vice president of the Appraisal Institute, the nation’s largest professional organization of real estate appraisers. Borges will serve as vice... Read more