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Fintech Maxwell acquires digital lending platform Revvin 

Housing Wire

That is Maxwell’s second acquisition since its inception in 2015. Maxwell acquired LenderSelect Mortgage Group from Blue Ridge Bank in May to expand its secondary market trading platform, bringing hundreds of new clients to the company’s other solutions. The financial terms of the transaction have not been disclosed.

Lending 371
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Homebot home education portal acquires mobile app firm Quo Finance 

Housing Wire

. “Later this year, Homebot’s customers will have the ability to offer a Homebot native mobile app to their millions of engaged clients and attract more first time homebuyers to their pipelines,” Yerneni said. million in seed funding, led by SignalFire in December 2021 to develop the mobile app. Quo raised $7.2

Finance 304
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Paul Wetzel joins Maxwell as SVP of product

Housing Wire

Denver, Colorado-based Maxwell , a mortgage fintech solutions platform, has announced that product development veteran Paul Wetzel has joined the company as senior vice president of product. Maxwell, founded in 2015, aims to make mortgage processes more efficient and accessible.

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Loan mod scheme from 2009 finally gets settled at $4.6M

Housing Wire

According to the DOJ, from 2009 through 2015, Lindeman and his wife targeted Hispanic homeowners through Spanish-language advertising that promised to cut mortgage payments in half. Kourouklis ran a company called Summit Development Solutions USA, LLC , which provided mortgage modification services to clients of ALG.

Law 333
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Narrow Gauge Capital acquires Inco-Check

Housing Wire

“Inco-Check has not only developed proprietary technology to support its clients, it also uses these same tools to provide a highly differentiated service offering, making it a one-stop shop for software and tech-enabled services,” said Michael Detwiler, who partnered with NGC on the acquisition, in a statement.

Logistics 298
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Qualia automates the title process so lenders can deliver a best-in-class home-buying experience

Housing Wire

Qualia enables lenders to easily communicate with and collaborate with title companies during a transaction via their Connect product, which brings lenders, real estate agents, and consumers onto the platform through a secure client portal. Joel Gottsegen, Co-founder. Lucas Hansen, CTO. Nate Baker, CEO.

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Cenlar FSB taps co-CEOs to replace Greg Tornquist

Housing Wire

Chief Operating Officer Rob Lux was named co-CEO for operations, technology, business development, client management, human resources, and legal. He returned to Cenlar in 2015 as chief risk officer and, in 2019, began an advisory role for the board.