Housing Wire
JUNE 5, 2024
Andrews also previously worked in business development, sales and marketing roles at Hometown Lenders , Finance of America , Veristone Capital , Yarrow Bay Mortgage and Merit Financial. In his new position with loanDepot, he will be responsible for driving market share growth in Seattle and the surrounding areas. “In
Housing Wire
MARCH 22, 2023
Homebot , a home education portal that keeps people connected to their loan officers and real estate agents, acquired Quo Finance , a mobile app for first-time homebuyers. million in seed funding, led by SignalFire in December 2021 to develop the mobile app. Quo raised $7.2
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Housing Wire
JANUARY 19, 2024
The DOJ alleged that from 2015 through at least 2020, Patriot avoided providing mortgage services to majority- Black and Hispanic neighborhoods in Memphis, Tennessee and discouraged people seeking credit in those communities from obtaining home loans. Tennessee-based community bank Patriot Bank agreed to pay $1.9
Housing Wire
SEPTEMBER 27, 2023
That is Maxwell’s second acquisition since its inception in 2015. Saportas said Revvin developed a configurable workflow management powered by modular components – the propetch offers a no code/low code digital mortgage platform to lenders. “As The financial terms of the transaction have not been disclosed.
Housing Wire
MARCH 16, 2022
Parvesh Sahi, senior vice president of business and client development at ICE Mortgage Technology, said that lenders will have a true digital experience that provides efficiency, speed, and cost savings. “We The company claims that they close loans 13 days faster and enable their loan officers to close around 15% more loans per month.
Housing Wire
JULY 12, 2021
Founded in 2015, Trussle has raised £26.7m The digital-only lender, whose loan officers don’t make commissions, capitalized on an incredible boom in refinancings. Since 2015, Trussle claims to have sourced over £2.7 since early 2020, with plans to usurp the traditional mortgage brokerages that dominate the U.K.’s
Housing Wire
DECEMBER 16, 2021
The lender originated $10 billion in mortgages in 2013, $5 billion in 2014, $3 billion in 2015 and just $2 billion in 2016 before shutting down altogether in 2017. Godin made plans to relaunch the business in late 2019 as a tech-forward lender that originated loans across both wholesale and retail channels. “And
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