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Snapdocs announces partnership with SitusAMC

Housing Wire

Digital closing provider Snapdocs is partnering with real estate technology provider SitusAMC to integrate the Snapdocs eVault to SitusAMC’s ProMerit platform, a warehouse lending technology tool, the companies announced on Thursday. Flagstar Bank recently announced its exit from the warehouse lending space.

Lending 324
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Polly announces AI integration into its pricing engine

Housing Wire

Mortgage capital markets tech firm Polly announced on Tuesday that it has launched “Polly/AI,” which integrates artificial intelligence (AI) technology into the newest version of its product and pricing engine (PPE) and includes a “co-pilot” for loan officers that will “process, interpret, and recommend a range of outcome-driven results.”

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HUD, VA announce $14.5M for veterans seeking permanent housing

Housing Wire

Department of Veterans Affairs (VA) this week announced the awarding of more than $14.5 HUD is committed to ending veteran homelessness once and for all,” HUD Secretary Marcia Fudge said in an announcement. Department of Housing and Urban Development (HUD) and the U.S. These HUD-VASH voucher awards help us to reach that goal.

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Labor Department announces new rule to shield retirement savings

Housing Wire

Department of Labor (DOL) on Tuesday announced a new rule that governs retirement advice, requiring more financial advisers to follow stricter fiduciary standards when dispensing advice about retirement-focused investments. Taking effect on Sept.

Investor 337
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HUD announces new aid for Maui, Native Hawaiians

Housing Wire

Department of Housing and Urban Development (HUD) announced a series of new relief measures for residents of the state of Hawaii. The announcement was made by Marion McFadden, HUD principal deputy assistant secretary for community planning and development, as she was touring the island of Maui. HUD awarded $6.9 HUD provided $1.3

Principal 345
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American Financial Resources announces two executive hires

Housing Wire

Multichannel lender American Financial Resources (AFR) appointed Michael Brenning as its head of production and Brian Collins to the role of executive vice president of capital markets, the company announced Tuesday. Brenning will be responsible for driving loan volume growth and enhancing sales productivity.

Lending 288
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CEO of Canada’s leading reverse mortgage lender announces retirement

Housing Wire

HomeEquity Bank , the leading reverse mortgage lender in Canada and a Schedule I federal bank in the country, announced on Wednesday that its longtime president and CEO Steven Ranson will retire effective June 30. “We

Mortgages 381