Entries by Progress In Lending

CoreLogic Launches Enhanced Title And Closing Solution

CoreLogic has launched an enhanced title and closing solution for lenders incorporated into the industry standard Collateral Management System (CMS). The solution maximizes workflow efficiency around activity related to procuring title insurance, facilitating fee collaboration and streamlining closing tasks between lenders and all loan associated vendors. Featured Sponsors:   The Title and Closing Solution within […]

Abington Bank Will Merge With Pilgrim Bank

Andrew Raczka, CEO of Abington Bank, announced that Abington Bank will merge with Pilgrim Bank, a member of the Hometown Financial Group, MHC. The transaction is expected to close in the second quarter of this year.  Raczka will lead the merged bank as its CEO. “We are thrilled to join forces with Pilgrim Bank,” said […]

CUSO Chooses Blue Sage To Go Digital

Member First Mortgage, a credit union service organization (CUSO), has chosen Blue Sage as its mortgage origination platform. Member First Mortgage provides a complete range of conventional and government loans and performs loan processing, fulfillment, servicing and other mortgage-related services for more than 200 credit unions nationwide. Here’s why: Featured Sponsors:   All mortgages originated on […]

Verus Mortgage Capital Completes $254 Million Investor Loan MBS

Verus Mortgage Capital (VMC), a full-service correspondent investor offering residential non-QM and investor lending solutions, has finalized its eighth rated RMBS (residential mortgage-backed securities) transaction for $254 million. The transaction was VMC’s fifth securitization in 2018.  Featured Sponsors:   The transaction was comprised of non-owner-occupied mortgages on 1-4 family properties. The securitization was rated by S&P Global Ratings […]

Partnership Furthers A More Digital Process

FirstClose, a provider of technology solutions for mortgage lenders nationwide, announced that its reporting suite is now available through Ellie Mae’s Encompass digital mortgage solution. The seamless integration allows lenders to order FirstClose’s solutions directly through Encompass to drive quality and efficiency in the loan origination process. Featured Sponsors:   Services can be ordered directly from Encompass at […]

Built Technologies Deepens Banking Industry Expertise

Built Technologies, a FinTech company focused on bringing construction lending into the digital age, has added two seasoned banking industry executives with Billy Olson joining as director of builder financial solutions and Natalie Myrick as director of mortgage solutions. Olson and Myrick bring decades of experience on the lending side with prominent banks, Wells Fargo […]

The New Digital Mandate

Providing mortgage borrowers with a digital experience is no longer a competitive advantage but the new reality for mortgage lenders, according to the findings of a new study by STRATMOR Group, a leading mortgage advisory firm.  In the January issue of its Insights Report, STRATMOR shares key findings from its 2018 Technology Insight Study. The study, which […]

Black Knight: Active Foreclosure Rate And Inventory End 2018 Below Pre-Recession Averages

Today, the Data & Analytics division of Black Knight, Inc. released its latest Mortgage Monitor Report, based upon its industry-leading loan-level mortgage performance database. With full-year mortgage performance data in, this month’s report looked at 2018 in review. As explained by Ben Graboske, president of Black Knight’s Data & Analytics division, more than a decade past the start of […]

CoreLogic Introduces HMDA Check

CoreLogic has launched its new HMDA Check solution. CoreLogic HMDA Check combines optical character recognition (OCR) data extraction with a rules engine that helps automate the HMDA auditing process. This allows lenders to increase efficiencies, improve data accuracy, reduce costs and remain compliant with HMDA requirements. Featured Sponsors:   The Home Mortgage Disclosure Act, or HMDA, […]