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The Pulse

Fannie Mae reported $3.97 billion in comprehensive income during the third quarter, down from $4.4 billion in the second quarter but higher than the $3.04 billion from the third quarter of 2017
Fannie Mae Promotes John Forlines to CRO
Fannie Mae has promoted John Forlines to Senior Vice President and Chief Risk Officer (CRO). He had served as interim CRO since March.   Forlines started his Fannie Mae career in the Internal Audit Department in 1987 and worked his way up... Read more
Motto Franchising LLC has announced the sale of its 100th Motto Mortgage franchise
Motto Mortgage Hits Milestone With 100th Franchise Sold
Motto Franchising LLC has announced the sale of its 100th Motto Mortgage franchise, a major milestone just 23 months after its launch. Motto Mortgage was established late October 2016 and sold 50 franchises in its inaugural year in... Read more
WFG National Title has announced that Matt Slonaker is joining the company as Senior Vice President of National Business Development
WFG National Title Names Matt Slonaker SVP of National Business Development
WFG National Title has announced that Matt Slonaker is joining the company as Senior Vice President of National Business Development. Slonaker will be leading the sales strategy efforts and will be working with company executives to drive... Read more
The Royal Bank of Scotland Group (RBS) has agreed to a $4.9 billion settlement with the Department of Justice related to the company’s issuance and underwriting of residential mortgage-backed securities (RMBS) between 2005 and 2007
aboutMYmortgage.com Partners With Hope LoanPort on Loan Mod Solutions
aboutMYmortgage.com (AMM) has announced a new partnership with Hope LoanPort (HLP) to assist homeowners with mortgage questions and receive help resolving mortgage delinquencies. AMM will refer homeowners who may need a loan modification... Read more
Richey May has formed a partnership with Amata Solutions to bring customized business intelligence tools to mortgage lenders
Richey May Acquires Two IT Firms
Richey May, a Denver-based accounting and advisory firm serving the financial services and real estate industries, has acquired a pair of IT consultancies: Arrow Partnership, a nationwide provider of management and IT consulting services,... Read more
Adeptive Software, developers of the title and escrow production platform ResWare, and CertifID have announced their integration
Adeptive Software Partners With CertifID on Wire Fraud Prevention
Adeptive Software, developers of the title and escrow production platform ResWare, and CertifID have announced their integration. Access to CertifID’s technology platform is now available to ResWare customers to combat the $1.4 billion-... Read more
LoanLogics has enhanced its LoanHD Investor Module for Correspondent Loan Acquisition
LoanLogics and Optimal Blue Partner on Automating Loan Acquisition
LoanLogics and Optimal Blue have announced a strategic partnership aimed at changing the digital correspondent experience, by delivering a real-time integration between LoanLogics' LoanHD Correspondent Lending platform and Optimal Blue's... Read more
Mortgage Network Inc. has announced that Aaron Benton has joined the company's Hilton Head, S.C. branch as a Loan Officer
Vicki Wu Joins Mortgage Network’s New Jersey Branch
Mortgage Network Inc. has announced that Vicki Wu has joined the company as a Loan Officer in its Florham Park, N.J. branch, which does business as MNET Mortgage Corp. Wu will serve clients throughout New Jersey, mostly in Essex and... Read more
Plaza Home Mortgage has announced a new leadership structure and a realignment of some key executive responsibilities
Plaza Home Mortgage Announces New Leadership Structure
Plaza Home Mortgage has announced a new leadership structure and a realignment of some key executive responsibilities.   Plaza’s two founders—Kevin Parra and James Cutri—are adding new titles of Chairman and Vice Chairman, respectively.... Read more
Mortgage Network Inc. has announced that Aaron Benton has joined the company's Hilton Head, S.C. branch as a Loan Officer
Luke Ostrowski Joins Mortgage Network’s Boston Branch
Mortgage Network Inc. has announced that Luke Ostrowski has joined the company as a Sales Manager and Senior Loan Officer in its Boston branch, serving southeastern Massachusetts.   Ostrowski brings more than 15 years of mortgage banking... Read more