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Blue Sage Solutions launches digital servicing platform

Housing Wire

Software development company Blue Sage Solutions has launched a new servicing platform that merges loan origination and servicing functions using API-based technology. Founded in 2011, the company is headquartered in Englewood Cliffs, New Jersey.

Retail 343
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David Stevens, former FHA Commissioner and MBA President, has died

Housing Wire

Dave and his wife Mary were instrumental in the 2011 creation of the MBA Opens Doors Foundation, which has helped more than 16,000 families with crucially ill or injured children stay in their homes while their child is in treatment.” Stevens oversaw FHA programs for single and multifamily housing for two years.

Finance 452
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SimpleNexus secures $108 million in Series B funding round

Housing Wire

The Utah-based software developer offers a private-label digital mortgage platform and mobile app designed to connect lenders with borrowers and real estate agents. In fact, prior to founding SimpleNexus in 2011, CEO Matt Hansen worked on the Simplifile development architecture team for nearly five years. billion.

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In wake of scandal, LOs say continuing education programs get failing grade?

Housing Wire

If you’re a mortgage loan officer with a decade of experience in the industry, you have likely spent over 80 hours taking continuing education courses. Tricky situations can arise in mortgage lending, especially when navigating less-common products or originating non-agency loans.

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Interfirst Mortgage to lay off nearly 50 LOs

Housing Wire

will lay off 77 employees in its Charlotte, North Carolina office come January 2022, a Worker Adjustment and Retraining Notification Act (WARN) notice filed by the company reveals. Among those getting a pink slip are 49 loan officers, 10 national account managers, seven retail sales managers and seven transaction coordinators.

Mortgage 350
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Ex-Wyndham Capital Mortgage exec launches Cornerstone Home Loans 

Housing Wire

When mortgage rates rose and demand for lower-priced mortgages grew, Kirby saw opportunities in the wholesale lending channel. Nothing in the mortgage industry is easy right now (…) With the broker model, you’ve got so many outlets to send these loans to that it’s really easy to find a home for most borrowers.

Mortgage 340