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Mortgage tech firm TRAiNED hires two executives from Sales Boomerang

Housing Wire

Mortgage tech firm TRAiNED Inc. hired two executives as it looks to take the company to its next phase of development. TRAiNED named Mark Cunningham, a co-founder of Sales Boomerang , as its new CEO. He was named a 2021 HW Insider after Sales Boomerang debuted in the top 5% of the Inc.

Training 405
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HousingWire Magazine: June 2021

Housing Wire

From leading their team through a massive refinance boom and quickly developing new technology to meet the unique needs of 2021 to driving the adoption of eClosings and delivering relevant training to lenders and agents on how to navigate the pandemic, we’re excited to present this year’s class of Rising Stars.

Training 319
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How outsourcing gives lenders an advantage in 2021’s purchase market

Housing Wire

MBA’s spring 2021 market forecast predicts a record-breaking year, with purchase origination reaching $1.57 Computershare Loan Services , a global mortgage services provider, delivers complete end-to-end fulfillment services that help lenders manage overhead with highly trained processors, underwriters and closers.

Marketing 380
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Xactus names chief operating officer

Housing Wire

Mortgage technology firm Xactus named Michael Crockett as its chief operating officer. Previously, he was EVP of product development at Credit Plus before Xactus acquired the company in September 2021. He previously served as the company’s chief data officer.

Tenants 337
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Interfirst to lay off 140 employees

Housing Wire

The company’s job cuts include human resources, technology, talent acquisition, and executive assistant positions. Some mortgage lenders reduced their workforce in the second half of 2021 and are now implementing new layoff rounds, such as Interfirst and Better.com.

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What mortgage lenders need to know about wholesale

Housing Wire

DS: The growth of the channel has been significant, especially in terms of technology. UWM is focused and committed to building custom technology specifically for independent mortgage brokers. In 2020 and 2021 when refinances were booming, we saw every lender thriving. HW: How has wholesale changed over the past 2–3 years?

Mortgage 359
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Loan buybacks haven’t disappeared, but they are trending down

Housing Wire

Policing loans Even as the agencies have become more aggressive in loan repurchases in the past several years, particularly in the wake of record origination volumes in 2020 and 2021, data seems to indicate that lenders have also become more vigilant in policing loan originations to ensure quality control (QC).

Investors 384