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Blue Sage Solutions launches digital servicing platform

Housing Wire

Software development company Blue Sage Solutions has launched a new servicing platform that merges loan origination and servicing functions using API-based technology.

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Fintech Maxwell launches POS feature that offers tailored workflows for lenders

Housing Wire

With Blueprint Builder, triggers and business rules can be configured to align the borrower experience to operations processes (such as credit score-based rules), and to support multiple business units or channels, including retail, direct-to-consumer and wholesale.

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Michael Eising receives the Ken Markison Legacy Achievement award

Housing Wire

The prize recognizes individuals who have distinguished themselves in pursuit of the Certified Mortgage Compliance Professional (CMCP) certificate and designation program. His responsibilities extend across retail and correspondent originations, operations, and loan servicing divisions within the bank.

Retail 395
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Amazon announces housing affordability pilot program with National Housing Trust

Housing Wire

Retail giant Amazon announced on Wednesday the launch of a new pilot program designed to assist moderate-income families in three different U.S. communities with the purchase of up to 800 homes, in partnership with the National Housing Trust (NHT). the Douglass Community Land Trust in Washington, D.C.

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Mortgage infrastructure platform Pylon raises $8.5M in seed round

Housing Wire

million in its seed round to build a mortgage-as-a-service platform for fintechs, banks and retail banks. The product is currently deployed with early design partner customers via a private beta, and Pylon plans to use the funding for product development and talent recruitment. . Startup Pylon raised $8.5

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‘There will be bank failures,’ Fed chief tells lawmakers

Housing Wire

We have identified the banks that have high commercial real estate concentrations, particularly office and retail and other [property types] that have been affected a lot,” Powell said. The exposure of the largest banks is quite low, but there may be smaller banks that are stressed by these developments.” NYCB, one of the largest U.S.

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Rocket goes local: Testing the waters or shifting its strategy? 

Housing Wire

Coming off multiple quarters of financial losses , Rocket has accelerated those efforts in 2023, embarking on a remote local loan officer hiring spree designed to capture purchase market business from real estate agent connections, sources told HousingWire. “I was told by the recruiter this division – Rocket retail started a year ago.