Mortgage and Finance News

Mortgage and Finance News: (ST. LOUIS, Mo.) OptiFunder today announced the launch of OptiExchange, a partner network designed to connect mortgage lenders with a curated ecosystem of technology providers, warehouse and capital partners, and service solutions across mortgage lending.

Mortgage and Finance News: (SEATTLE, Wash.) Friday Harbor, an AI pre-underwriting platform that helps loan officers assemble complete and compliant loan files in real time, is the first mortgage technology provider to receive an AI governance compliance attestation from mortgage banking and financial services law firm Brody Gapp LLP.

Mortgage and Finance News: (ADDISON, Texas) Click n' Close, a multi-state mortgage lender, announced strategic engagement of Christy Soukhamneut and Launch Point Advisory Group to support the expansion of its Whole Loan Trading division. The move is part of a broader initiative to grow Click n' Close's secondary market presence and offer whole loan trading opportunities across its government and specialty loan programs.

Mortgage and Finance News: (SEATTLE, Wash.) NewFed Mortgage Corp., a full-service residential mortgage lender operating across more than 20 states, today announced the companywide rollout of Friday Harbor's AI pre-underwriting platform following a successful pilot program that demonstrated measurable gains in fulfillment productivity and underwriting throughput. Since implementing Friday Harbor, NewFed processors handle 36% more files per month while underwriters review 35% more loans.

Mortgage and Finance News: (SAN DIEGO, Calif.) The Mortgage Collaborative (TMC), the nation's largest independent cooperative network for mortgage lenders, announced the formation of the Mortgage AI Council, a standing committee under TMC's lender member board of directors. The council will give community banks, credit unions and independent mortgage bankers the governance frameworks, peer intelligence and collective voice needed to adopt artificial intelligence responsibly as the technology reshapes how lenders originate loans, assess risk and serve borrowers.

Mortgage and Finance News: (HUNT VALLEY, Md. and PUNE, India) The Hercules Portfolio of Andromeda Software Inc. ("Andromeda"), an operating group of Constellation Software Inc. (TSX: CSU), announced that it has acquired Peocit Software Solutions Pvt. Ltd. ("Peocit"). Founded in 2002, Peocit is a provider of core banking and lending software solutions and services with multi-lingual functionality, serving more than 4,000 cooperative societies, non-banking financial companies (NBFCs) and other financial institutions across India.

Mortgage and Finance News: (BEREA, Ky.) Fahe, a regional nonprofit network and Community Development Financial Institution dedicated to building thriving communities across Appalachia, today announced the launch of a digital advertising campaign introducing Housing Can't Wait(r) to donors, investors, philanthropic advisors, donor-advised fund professionals, and private wealth advisors seeking measurable, place-based impact.

Mortgage and Finance News: (AUSTIN, Texas) Watkins Insurance Group, a leading independent insurance agency in Texas, has announced the addition of Patrick McFadden as a Private Client Insurance Advisor. McFadden brings 30 years of insurance experience and holds the LUTC and FSCP professional designations. His hire reflects the agency's continued commitment to serving the Austin metro market and specifically the growing segment of individuals and families whose lifestyles and assets require a more tailored approach to coverage strategy and personal service.

Mortgage and Finance News: (LA MESA, Calif.) LegalizeFerrets.org says a new phase has emerged in California's long-running ferret controversy after the California Fish and Game Commission and the California Department of Fish and Wildlife filed demurrers in response to a lawsuit involving Petition 2025-003 - a citizen petition seeking reconsideration of California's classification of domestic ferrets as restricted animals.

Mortgage and Finance News: (AUGUSTA, Ga.) Pillar To Post® Home Inspectors has named Jeremiah Adell Jr., owner of Pillar To Post of Greater Augusta, its 2025 Rookie of the Year, an award presented recently in 2026 to recognize outstanding overall performance based on sales, market growth and contribution to the brand.