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John DiIorio is the CEO of 1st Alliance Lending

1st Alliance stops funding mortgages pending state dispute’s resolution

1st Alliance has ceased originating mortgages following the loss of bonding in Connecticut along with financial concerns it links to an unresolved dispute...
People-Aug 16

People on the move: Aug. 16

CaliforniaLos AngelesBank of Hope has appointed Kenneth Logan as executive vice president and head of residential finance.Logan was previously with Wells Fargo Securities,...
Nominations open for 'Best Mortgage Companies to Work For'

Nominations open for ‘Best Mortgage Companies to Work For’

National Mortgage News is now accepting nominations for its second annual Best Mortgage Companies to Work For program. This is a survey and...
People-Aug 9

People on the move: Aug. 9

CaliforniaIrvineCloudvirga has appointed Daniel Akiva as chief technology officer.Akiva, who has over 20 years of industry, experience joins Cloudvirga from loanDepot, where he...
Jim Paolino

Lenders, leave no stone unturned in battle against margin compression

The mortgage industry's battle against skyrocketing costs and margin compression is not a new story. But, after two years of "digital revolution" and...
People-Aug 2

People on the move: Aug. 2

CaliforniaSan DiegoReverseVision has appointed Sunny Mahdii to the position of vice president of operations.Before joining ReverseVision, she was director of operations and business...
People-July 26

People on the move: July 26

CaliforniaOrangeLRES Corp. has promoted Molly Merchant to senior director of REO asset management.Merchant, who has over 20 years of experience in the REO...
Earnings

MGIC’s earnings beat foreshadows positive results for other MIs

MGIC Investment Corp.'s second-quarter earnings coming in higher than expected can be seen as a positive for the other private mortgage insurers, one...
NVR Inc.

NVR’s mortgage earnings buck trend by outpacing origination gains

Pretax mortgage income at NVR Inc. surged 37% year-over-year in the second quarter while originations rose 1%, contrasting more tepid home-loan earnings results...
People-July 19

People on the move: July 19

CaliforniaIrvineCloudvirga has appointed Maria Moskver as chief legal and compliance officer.Moskver joins Cloudvirga from Covius (formerly knowa as LenderLive), where she served as...

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HUD Secretary Ben Carson

HUD to loosen restrictions on FHA condo mortgage insurance

The Department of Housing and Urban Development will remove some barriers to government-insured condominium lending next month, including a post-crisis measure housing industry...
The Impatient Trader

How to Save Money on Commercial Photographer – j8qmabi817

YOUR House IS THE NEW Present STOPPERThe very first thing you think about when checking out a property listing online is oneself residing...
The Industry Pulse: Updates on Morningstar and More ...

The Industry Pulse: Updates on Citadel, Wells Fargo, and More

From important milestones to new additions and technology, get the latest industry buzz in this update. Citadel Servicing Corporation (CSC) has announced that it...
Better.com

Better.com adds Series C funding; New Residential to buy DGG RE

Better.com has closed a Series C funding round and added $160 million in new capital, bringing the online mortgage lender's total funding up...
Ricky Martin Chu

Ricky Martin Chu Discusses How Property Development is Changing

Ricky Martin Chu Discusses How Property Development is ChangingAs an experienced property developer, Ricky Martin Chu insists that the market is shifting drastically....

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