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How Blend plans to survive a shrinking mortgage market 

Housing Wire

Nima Ghamsari, CEO and founder of mortgage fintech Blend Labs. Publicly traded mortgage tech company Blend Labs isn’t changing its strategy to survive a shrinking mortgage market, even though a drop in originations is sapping its revenue stream and forcing it to trim its workforce. And it doesn’t plan to cut prices.

Mortgage 393
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Cenlar FSB taps co-CEOs to replace Greg Tornquist

Housing Wire

Cenlar FSB , the nation’s second-largest mortgage servicer and largest sub-servicer, has installed new leadership following the retirement of its president, CEO and chairman Greg Tornquist. Chief Operating Officer Rob Lux was named co-CEO for operations, technology, business development, client management, human resources, and legal.

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ProperSign launches eSign tool for RON capabilities

Housing Wire

“And since there’s no limit to the number of documents you can execute through QuickSign, organizations can use it for sales contracts, legal or human resource documents as well.” Based in Florida, ProperSign is following the wave of notarization companies that are moving their entire process online.

Tools 371
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How one mortgage servicing company is prioritizing home retention during economic uncertainty

Housing Wire

Today, Ocwen Financial Corporation is a leading non-bank mortgage servicer and originator providing solutions through its primary brands, PHH Mortgage and Liberty Reverse Mortgage. million borrowers, thousands of investors and more than 100 subservicing clients. At the end of Q2, we serviced more than $206 billion in UPB.

Mortgage 370