Housing Wire
APRIL 3, 2023
SoFi Technologies announced Monday that it had acquired fellow digital lender Wyndham Capital Mortgage in an all-cash transaction. Its scalable digital technology platform appears to be what SoFi – whose mortgage business has also been shrinking – coveted most. In doing so, SoFi will rely less on third-party partners and processes.
Housing Wire
OCTOBER 13, 2021
has raised $175 million to accelerate growth and fund new technologies , just 16 months after relaunching its operations. Interfirst was founded in 2001 as a retail originator but expanded to the wholesale channel in 2008 and the correspondent channel in 2011. Chicago-based mortgage originator Interfirst Mortgage Co.
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Housing Wire
MAY 2, 2022
The company’s job cuts include human resources, technology, talent acquisition, and executive assistant positions. Presented by: Acra Lending. Interfirst is a mortgage business founded in 2001 by Dmitry Godin that has been harmed before by market downturns.
Housing Wire
NOVEMBER 23, 2021
To run the hub, the company hired Casey Nunn, a former Rocket Mortgage and Homepoint executive, as the vice president of wholesale lending. Interfirst was founded in 2001 as a retail originator and then expanded to the wholesale channel and the correspondent channel in 2008 and 2011, respectively.
Housing Wire
MAY 23, 2022
Hogle has more than 20 years of experience, including about 15 years with Supreme Lending. Hogle began his mortgage career in 2001 at New Century Mortgage , where he became a branch manager. According to Rick Seehausen, CEO of Cherry Creek, Hogle prides himself on successfully unifying sales and operational teams.
Housing Wire
MARCH 1, 2022
News just broke that private equity investor LLR Partners announced strategic investments in two mortgage technology companies — Mortgage Coach and Sales Boomerang ( click here for article ). LLR is not a newcomer to mortgage technology or the overall fintech market. This isn’t a new story in mortgage lending or real estate brokerage.
Housing Wire
NOVEMBER 23, 2022
Over the last year, it has also sold off large chunks of the business – including sub-servicing with ServiceMac and delegated correspondent to Planet Home Lending – which accounts for several thousand workers transitioning to new firms. It was last year that the company raised $175 million , led by StoicLane, to fund new technologies.
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