The Pulse

Home flippers are not seeing the big bucks they had hoped for, according to ATTOM Data Solutions’ latest Home Flipping Report
Goldman Sachs Acquires House Flipping Lender
Goldman Sachs Group Inc. has announced plans to buy Los Angeles-based Genesis Capital LLC, which provides funds for developers seeking to purchase, renovate and flip single-family homes.   Genesis was launched in 2007 and is being acquired... Read more
DataVerify has announced the addition of Verification of Employment and Income (VOE/VOI) Authorized Reports for Day 1 Certainty from Fannie Mae
DataVerify and Finicity Join Forces on Real-Time Asset Verification
DataVerify and Finicity have announced an integration to provide digital, real-time asset verification to the mortgage lending industry.   Earlier this year, Finicity launched a set of asset and income verification products that bring the... Read more
Primary Residential Mortgage Inc. (PRMI) has added mortgage industry veteran Brad Atwood to its branch located in Nashua, N.H.
LO Corey Butler Joins PRMI's Team in Maryland
Primary Residential Mortgage Inc. (PRMI) has named Corey Butler to its Severna Park, Md. team as its newest Loan Officer. Corey is a native of the eastern shore of Maryland and is an active member of the Severna Park Chamber of Commerce.... Read more
Mike Surber, President and Chief Executive Officer of USA Business Lending, has announced the re-structuring of its real estate division, USA Realty International
Ginnie Mae and VA Team to Focus on Veterans’ Refinancing Problems
Ginnie Mae and the U.S. Department of Veterans Affairs (VA) have teamed up on a new initiative to focus on problems related to mortgage refinancing for retired military personnel.   The Joint Ginnie Mae–VA Refinance Loan Task Force is... Read more
Mortgage Capital Trading Inc. (MCT) has announced the release of new online functionality that automates the process of product selection and delivery of loan commitments directly to Fannie Mae for MCT’s lender clients
Mortgage Capital Trading Named Best Place to Work in San Diego
Mortgage Capital Trading Inc. (MCT) has earned a spot on the San Diego Business Journal’s (SDBJ) Best Places to Work list for the sixth consecutive year. MCT ranked number 18 out of 29 companies in the medium-size company category (50-249... Read more
LoanStar Home Lending has been awarded a 2017 Top Workplaces honor by The Oregonian
LoanStar Honored With Top Workplaces Award
LoanStar Home Lending has been awarded a 2017 Top Workplaces honor by The Oregonian. The company was ranked among the Top Workplaces list of mid-sized companies based in Oregon and Southwest Washington. This is the third consecutive Top... Read more
LBA Ware has announced that the Advanced Technology Development Center (ATDC)—Georgia’s technology incubator—has accepted LBA Ware into its ATDC Signature portfolio
Advanced Technology Development Center Adds LBA Ware to Its Signature Portfolio
LBA Ware has announced that the Advanced Technology Development Center (ATDC)—Georgia’s technology incubator—has accepted LBA Ware into its ATDC Signature portfolio. As an ATDC Signature company, LBA Ware will have access to ATDC coaching... Read more
Ocwen Financial Corporation has named Christopher Whalen, Chairman of Whalen Global Advisors LLC, as a Senior Consultant and Advisor to the company
Ocwen Names Christopher Whalen Senior Consultant/Advisor
Ocwen Financial Corporation has named Christopher Whalen, Chairman of Whalen Global Advisors LLC, as a Senior Consultant and Advisor to the company. Whalen brings nearly three decades of financial experience to the role, with a specific... Read more
With Capitol Hill and the White House getting ready for a potential overhaul of the U.S. tax code
CIS Completes Day 1 Certainty Integration
CIS has announced their 4506T Tax Transcript Service is now integrated to Day 1 Certainty from Fannie Mae through Desktop Underwriter (DU) validation service. Verification of Deposit/VOD and Verification of Employment/VOE through CIS were... Read more
Trelix has announced that it has been approved as a third-party due diligence provider for DBRS-rated transactions
Trelix Approved as a Third-Party Due Diligence Provider by DBRS
Trelix has announced that it has been approved as a third-party due diligence provider for DBRS-rated transactions. DBRS is a full-service credit rating agency respected for its independent, third-party evaluations of corporate and... Read more