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FinLocker raises $17M in Series B funding round

Housing Wire

Louis-based developer of a leading white-label financial fitness and homeownership platform, announced the closure of a $17 million Series B funding round on Tuesday. In addition to product development, FinLocker (a former HousingWire Tech 100 winner) plans to expand its strategic partnerships and collaborations within the mortgage ecosystem.

Tools 372
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Mortgage AI firm Candor conducts layoffs

Housing Wire

Candor is executing a change in strategy to address the ever-changing mortgage market and to pivot along with client operations,” Tom Showalter, CEO of Candor , said in an e-mailed response. Future development projects will follow this collaborative approach with our clients and strategic partners. Candor Technology Inc. ,

Mortgage 324
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HUD awards more than $40M in housing counseling grants

Housing Wire

Department of Housing and Urban Development (HUD) on Tuesday announced that it is making $40.25 Three million dollars of the full amount will also be allocated for institutions designed to “bridge the racial homeownership gap and support underserved communities,” including Historically Black Colleges and Universities (HBCUs).

Design 356
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How outsourcing gives lenders an advantage in 2021’s purchase market

Housing Wire

A 2020 study revealed the top reason businesses outsource is cost reduction (70%) and close behind is greater flexibility (40%), but lenders are often reluctant to trust their customer experience and processes to staff they didn’t hire or train. The right partnership starts with technology that is designed to play well with others.

Marketing 377
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Mary Ann Azevedo named Managing Editor of FinLedger

Housing Wire

Azevedo initially joined HW Media in June 2020 as Fintech Editor for HousingWire, and was quickly identified as the right talent to lead the launch of FinLedger as managing editor. . FinLedger officially launched on August 17, 2020. The appetite for quality journalism specific to the fintech industry is great. About FinLedger.

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Reverse mortgage originator: real estate CE helps close more purchase loans

Housing Wire

Mangus then worked to build the dedicated reverse mortgage department at his new company from scratch and has found a notable degree of success by building Home Equity Conversion Mortgage (HECM) for Purchase (H4P) business through the use of continuing education (CE) classes designed for licensed real estate agents. Curtis Mangus.

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How Digital Forms Can Help Your Small Business

GoForrmz

This mass digital transformation kicked off in 2020. GoFormz offers many ready-to-use forms, like the client intake form , and makes it easy to create your own. ” — Lisa Dunn, Office Manager, Doré Designs Learn how Doré Designs uses GoFormz to reduce their paperwork and improve customer service.

Business 148