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Sales Boomerang and Mortgage Coach merge

Housing Wire

Mortgage fintechs Sales Boomerang and Mortgage Coach have merged, roughly six months after a Philadelphia-based private equity firm bought a controlling stake in each company. A unified name has not yet been determined and Sales Boomerang and Mortgage Coach will continue to operate as distinct brands, for now, the companies said.

Sales 397
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Mortgage Coach and Sales Boomerang snag new investor

Housing Wire

Philadelphia-based private equity firm LLR Partners announced Tuesday its investment in Sales Boomerang and Mortgage Coach , two fintechs focused on attracting and retaining mortgage borrowers and making loan originators more efficient. Both firms will maintain their existing brands and teams.

Investor 381
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FHA institutes new payment supplement partial claim

Housing Wire

The new option Partial claims are interest-free loans from HUD that borrowers use to make their payments current, with the remainder of the late payments added to the principal and extended for 30 years. During this period, the mortgage will not be modified, facilitating the sale to Ginnie Mae. million COVID-19 loss-mitigation actions.

Principal 432
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Mr. Cooper exits reverse servicing space with sale to MAM

Housing Wire

Mortgage servicing, origination and transaction-based services company Mr. 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.

Sales 397
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HousingWire Annual 2023 On Demand

Housing Wire

Watch Now The challenge and power of updating your brand Speaker: WeiLing Jang, Chief Marketing Officer, CoreLogic. Watch Now Wednesday CEO Playbook Loan Depot Speakers: Frank Martel, CEO, loanDepot.

Principal 410
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New Development Spotlight: Ordino Resorts Villas Residential in the Principality of Andorra

Sotheby's International Real Estate

Ordino, The Principality of Andorra | Narcís Socías Tomàs, Andorra Sotheby’s International Realty . This brand new, magnificent property for sale in Ordino is in an exclusive residential area located in the middle of nature with breathtaking views.

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Announcing the 2023 HW Insiders!

Housing Wire

Name Job Title Company Name Aaron Kardell Vice President of Product Lone Wolf Technologies Aayaam Kapoor Vice President of Product and Agency Real Estate Webmasters Amaly Quiroz Vice President of Transaction Operations eXp Realty Amy Gorce CEO REdistribute Andrew Binkley President Constellation Real Estate Group Ankur Bansal President of HomeLight (..)