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Mortgage tech firm TRAiNED hires two executives from Sales Boomerang

Housing Wire

TRAiNED named Mark Cunningham, a co-founder of Sales Boomerang , as its new CEO. It also hired Arend de Jong , co-founder and former chief financial officer of Sales Boomerang, as CFO, the company announced. He was named a 2021 HW Insider after Sales Boomerang debuted in the top 5% of the Inc. Mortgage tech firm TRAiNED Inc.

Sales 404
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Reverse mortgage originator: real estate CE helps close more purchase loans

Housing Wire

Mangus then worked to build the dedicated reverse mortgage department at his new company from scratch and has found a notable degree of success by building Home Equity Conversion Mortgage (HECM) for Purchase (H4P) business through the use of continuing education (CE) classes designed for licensed real estate agents. Curtis Mangus.

Loans 467
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Virtual notary adoption surges as businesses rush to close transactions remotely

Housing Wire

This article was written for FinLedger, HW Media’s new fintech focused news brand designed specifically for financial services professionals in banking, payments, insurance and proptech. A signer such as a customer closing on a loan appears before a notary on a video call and they complete, sign and notarize the document, he said.

Closing 466
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Mr. Cooper exits reverse servicing space with sale to MAM

Housing Wire

Cooper Group announced on Tuesday the sale of its reverse mortgage servicing portfolio – operating under the Champion Mortgage brand – to Mortgage Assets Management (MAM). The sale of Champion. The development is particularly notable due to the recent activity of MAM in the realm of reverse mortgage servicing.

Sales 389
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Floify’s new platform aims to provide flexible pricing for mortgage lenders

Housing Wire

Digital mortgage automation solution provider Floify launched a mortgage point-of-sale (POS) platform for lenders. Broker Edition is designed to provide an intuitive loan management portal for borrowers while making loan management simpler at an accessible price point. Founded in 2013, Floify — a subsidiary of Porch Group Inc. —

Mortgages 384
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eXp Realty makes changes to its executive team

Housing Wire

These strategic leadership changes are designed to harness the potential of our talented team and align with our mission to provide exceptional service and support to our agents worldwide,” Michael Valdes, eXp Realty chief growth officer, said in a statement. The firm’s $143.578 billion in sales volume earned it the No.

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Fintech Maxwell launches POS feature that offers tailored workflows for lenders

Housing Wire

Wells Fargo -backed mortgage fintech Maxwell rolled out a point-of-sale (POS) feature that offers tailored workflows and integrations. Lenders can choose to integrate and configure many third-party services such as verification of asset, verification of employment/ verification of income , e-signing and e-closing.

Lending 362