Real Estate

Real Estate

Real Estate and Housing News from Mortgage & Finance News magazine

Real Estate

Real Estate
Real Estate and Housing News from Mortgage & Finance News magazine

News: New Mobile App from Cloudvirga Connects Real Estate Agents with Loan Officers on Its Digital Mortgage Platform

Mortgage and Finance News: (IRVINE, Calif.) Cloudvirga(TM), a leading provider of digital mortgage point-of-sale (POS) software whose enterprise technology is powered by the intelligent Mortgage Platform(r), today announced the launch of a new mobile app that will enable real estate agents to collaborate with mortgage loan officers in real time. This native mobile app allows instantaneous and secure exchange of loan documents and communication between real estate agents and loan teams for a faster, more efficient mortgage experience.

News: Bank of Southern California, N.A. Announces Addition of Phillip Mulder and Billy Szeto to Its Commercial Real Estate and SBA...

Mortgage and Finance News: (SAN DIEGO, Calif.) Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL), a community business bank headquartered in San Diego, Calif., announces the addition of two tenured Business Development Officers to support the company's continued expansion into the Southern California region.

News: ReverseVision Partners with DataVerify to Help HECM Lenders Improve Loan Quality, Reduce Repurchase Risk

Mortgage and Finance News: (SAN DIEGO, Calif.) ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced the availability of DataVerify's DRIVE verification platform within ReverseVision's flagship RV Exchange (RVX) loan origination system (LOS). DRIVE helps lenders improve efficiency and reduce repurchase risk by monitoring changes to borrower identity, loan application, and property data throughout the origination process.

News: Simplifile Approved by Arkansas Secretary of State as E-Notary Vendor

Mortgage and Finance News: (PROVO, Utah) Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, announced that it has been approved by the Arkansas Secretary of State as an electronic notary (e-notary) service provider. As a result, Simplifile users in the 23 Arkansas recording jurisdictions in Simplifile's e-recording network will now have the ability to electronically notarize documents, thus streamlining their processes and allowing them to keep as much of the real estate transaction electronic as possible.

News: Matic Challenges US Mortgage Lenders, Insurers to Help Families Achieve Affordable Housing

Mortgage and Finance News: (SHERMAN OAKS, Calif.) Matic Insurance, a digital insurance agency whose technology enables borrowers to purchase homeowner's insurance during the mortgage transaction, is calling on mortgage lenders, realtors and insurance providers nationwide to support Housed & Hopeful, a public / private partnership with non-profit Mortgage Professionals Providing Hope (MPPH) that aims to house America's homeless families.

News: Will Victims of Irma Also Be Subject to Insurance Policy Renewal Surcharges?

Mortgage and Finance News: (BRADENTON, Fla.) Nearly 500,000 residential property owners across the State of Florida have already incurred substantial out-of-pocket expenses due Irma losses because of high hurricane claim deductibles, according to Consumer Insurance Trust LLC (Claim Forward). The standard hurricane deductible across most insurers is usually 2 percent of the dwelling value.

News: Addition of 23 Jurisdictions in the Eastern U.S. Pushes Simplifile E-recording Network Past the 1,700th Mark

Mortgage and Finance News: (PROVO, Utah) Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, today announced that 23 additional recording jurisdictions throughout the Northeast, Mid-Atlantic, and Southeast have adopted Simplifile's e-recording platform.

News: Bank of Southern California N.A. announces new SBA and Commercial Real Estate Lending Group Led by Steve Pollett

Mortgage and Finance News: (SAN DIEGO, Calif.) Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL), announced that Steve Pollett has joined the company as SVP, SBA and Commercial Real Estate Lending Group Manager. With more than 30 years' experience in SBA and Commercial Real Estate lending, Pollett will be responsible for leading a team to provide financing to small and medium-sized businesses throughout the Southern California region.

News: Smaller Originators Will Follow Top Lenders’ Lead in Making Homeowner’s Insurance Part of the Digital Mortgage, Says Matic CEO

Mortgage and Finance News: (SHERMAN OAKS, Calif.) Integrating homeowner's insurance into the mortgage origination process is a relatively new idea - and one Matic CEO Aaron Schiff anticipates will gain traction in 2018. His firm expects small and mid-sized mortgage operations will follow the lead of several marquee lenders that added homeowner's insurance to their origination workflows last year. Wider availability of cutting-edge digital capabilities like online bind will also make integrated homeowner's insurance more attractive for lenders, Schiff says.

News: Philadelphia Commercial Capital Advisory CEO Discusses the Current State of the Commercial and Multifamily Finance Market

Mortgage and Finance News: (PHILADELPHIA, Pa.) Rittenhouse Capital Advisors is a commercial real estate finance advisor with over 60 years of combined banking experience. Currently in its fourth year of operation, Rittenhouse Capital has increased its loan production volume by a minimum of 30 percent year over year by delivering creative commercial financing solutions for their real estate investor clients.

News: VLP Law Group Continues Its Growth with the Addition of Real Estate Partner Debra Schiff

Mortgage and Finance News: (PALO ALTO, Calif.) VLP Law Group LLP is pleased to announce that Debra Schiff has joined the firm's Real Estate Practice Group as a partner based in Los Angeles, California. Ms. Schiff is the second Los Angeles based attorney to join the firm's growing Real Estate Practice Group in recent weeks. Los Angeles attorney Craig P. Wood joined the firm as a Partner in December.

News: VLP Law Group Continues Its Growth with the Addition of Real Estate Partner Craig P. Wood

Mortgage and Finance News: (PALO ALTO, Calif.) VLP Law Group LLP is pleased to announce that Craig P. Wood has joined the firm's Real Estate Practice Group as a partner based in Los Angeles, California. Mr. Wood's 37 years of experience includes not only the legal representation of clients but also business counselling, guiding clients in transaction structuring and techniques to maximizing their opportunities in various transactions.

News: DocMagic’s Jonathan Kearns Appointed to MISMO Residential Standards Governance Committee

Mortgage and Finance News: (TORRANCE, Calif.) DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that Jonathan Kearns has been appointed to the Mortgage Industry Standards Maintenance Organization (MISMO) Residential Standards Governance Committee.

News: Coalition for Responsible Community Development Expands Executive Leadership Team

Mortgage and Finance News: (LOS ANGELES, Calif.) The Coalition for Responsible Community Development (CRCD), a South LA based non-profit serving the community through youth, workforce and economic development initiatives, is proud to announce the addition of two members to their executive leadership team, Chief Operating Officer Angela LoBue and Chief Real Estate and Economic Development Officer Alejandro Martinez. The increase in senior staff will allow CRCD to develop new programs and initiatives while expanding their footprint.

31 Jurisdictions Across Eastern U.S. Join Simplifile E-recording Network

Mortgage and Finance News: (PROVO, Utah) Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, today announced that 31 additional recording jurisdictions throughout the Northeast, Southeast and Mid-Atlantic have signed on to Simplifile's e-recording platform.

NAMB Releases Housing Outlook: Congress Needs to Make Key Changes

Mortgage and Finance News: (WASHINGTON, D.C.) NAMB, an association that represents the interests of individual mortgage loan originators and small to mid-size mortgage businesses, has announced its housing outlook and its plans to advocate for change.

Pendo hires VP of Sales and a Regional Account Executive for Appraisal Management

Mortgage and Finance News: (LEE’S SUMMIT, Mo.) Pendo, a nationwide appraisal management company (AMC), announced that Paul Wholley has been hired as VP of Sales, responsible for leading the company's national sales team. The company's proprietary QC technology boasts numerous unique features that assure the highest levels of quality and compliance.

Pendo Makes Enhancements to Its Appraisal Review Tool with over 100 Automated Checks

Mortgage and Finance News: (LEE'S SUMMIT, Mo.) Pendo, a nationwide appraisal management company (AMC), has made enhancements to their Appraisal Review Tool, which is part of their proprietary technology solutions for appraisal management. Pendo's Appraisal Review Tool assists their quality review team in managing the process of checking each and every appraisal, ensuring reports are accurate, complete and most of all compliant.

EXPERTS AVAILABLE: ReverseVision Experts Available to Discuss HUD Changes to HECM Reverse Mortgage Program

Mortgage and Finance News: (SAN DIEGO, Calif.) The following ReverseVision experts, whose expertise on the Home Equity Conversion Mortgage (HECM) ranges from HUD guideline interpretation to market analysis to education, are available for interviews regarding HUD's planned changes to the HECM program.

Title Guaranty of Hawaii and Simplifile Complete First-Ever E-recording of Hawaii Land Court Document

Mortgage and Finance News: (HONOLULU, Hawai) Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, today announced that Title Guaranty has completed the first-ever e-recording of a Land Court document in the state of Hawaii using Simplifile's E-recording service. The document, a mortgage, was submitted into the public record on July 26 in a process that took only minutes.

17 Counties Across Midwest, Western United States Join Simplifile E-recording Network for Summer 2017

Mortgage and Finance News: (PROVO, Utah) Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, announced today that 17 additional counties throughout the Midwest and Western United States have joined the Simplifile e-recording network.

EPIC’s National Real Estate Practice Makes Investment to Upgrade Computer Lab for Residents of Mercy Housing Lakefront

Mortgage and Finance News: (DENVER, Colo.) The National Real Estate Practice of EPIC Insurance Brokers and Consultants has contributed $32,000 to Mercy Housing Lakefront to upgrade the computer lab at the Pullman Wheelworks Apartments, offering residents state-of-the art online tools to advance their educational and career goals.

Kara Lamphere named Chief Operating Officer at Mid America Mortgage Inc.

Mortgage and Finance News: (ADDISON, Texas) Mid America Mortgage, Inc. (Mid America) announced today it has promoted former Chief Compliance Officer and Director of Correspondent Lending Kara Lamphere to Chief Operating Officer (COO).

Vicki DiPasquale of Simplifile Named to 2017 MPA ‘Elite Women in Mortgage’ List

Mortgage and Finance News: () Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, today announced that Vice President of Sales Vicki DiPasquale is one of Mortgage Professional America (MPA) magazine's 2017 Elite Women in Mortgage.

Lender Price, the Leading Mortgage Lending Analytics and Digital Mortgage Provider Announces Integration with Ernst Publishing

Mortgage and Finance News: (PASADENA, Calif.) Lender Price, the emerging leader in digital mortgage interface technology and real-time, competitive mortgage analytics and product pricing & eligibility (PPE) solutions complete with full mobile functionality and advanced business intelligence, announced that it has integrated with Ernst Publishing, the leading provider of mortgage fee data for the real estate and home finance industry.

Real Estate Industry Veteran Jake Seid Joins Qualia Labs Advisory Board

Mortgage and Finance News: (SAN FRANCISCO, Calif.) Qualia today announced that Jake Seid will join the company's board of advisors. In addition to his time as president of Ten-X (formerly known as Auction.com) and Managing Director at Lightspeed Venture Partners, Seid is an investor and advisor to a myriad of companies touching the real estate sector.

Simplifile Adds 14 Counties in American Northeast to Its E-Recording Network for Q2-2017

Mortgage and Finance News: (PROVO, Utah) Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, has added more than a dozen new recording jurisdictions in five states across the American Northeast to its e-recording network, the nation's largest.

Pacific Sunbelt Mortgage Reports Stellar Q4 2016 Customer Satisfaction Results

Mortgage and Finance News: (RIVERSIDE, Calif.) Pacific Sunbelt Mortgage, a division of Finance of America Mortgage, announced today the findings from its Q4 2016 customer satisfaction surveys. Pacific Sunbelt Mortgage is a long-time lender within the home building and REALTOR industry. The latest survey results included 138 responses with an overall average score of 92.9 percent for the lender.

AccountChek by FormFree Automates Asset Verification for Users of Black Knight Financial Services’ LoanSphere Empower

Mortgage and Finance News: (ATLANTA, Ga.) FormFree(R) today announced the direct integration of its AccountChek(R) automated asset verification service with the LoanSphere(R) Empower(R) loan origination system (LOS) offered by Black Knight Financial Services, a leading provider of integrated technology, data and analytics to the mortgage and real estate industries.

New Legislation Enables Massachusetts Jurisdictions to Electronically Record Land Court Documents

Mortgage and Finance News: (PROVO, Utah) Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, announced that it is now electronically recording Land Court documents in the Commonwealth of Massachusetts for the first time.