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Mortgage tech firm TRAiNED hires two executives from Sales Boomerang

Housing Wire

hired two executives as it looks to take the company to its next phase of development. 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. Mortgage tech firm TRAiNED Inc.

Sales 406
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Developers to Flip Fort Greene Manse With Plans for Mayne-Designed Carriage House OK’d by LPC

Brownstoner

In a surprising turn of events, developers last week listed for sale the historic mansion at 176 Washington Park in Fort Greene after getting city approval to restore the crumbling 1860s Italianate and build a new Thom Mayne-designed “carriage house” on the site, which sits within the Fort Greene Historic… Read More > The post Developers (..)

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FinCEN expands GTOs of all-cash home sales yet again

Housing Wire

For that reason, Treasury is committed to developing a solution to increase the transparency in the domestic real estate market.” The all-cash purchase threshold will remain $300,000 for all GTOs, with the exception of the city and county of Baltimore, which has a purchase threshold of $50,000. real estate market to launder money.

Sales 372
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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 383
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HUD seeks public comment on updates to reverse mortgage documents

Housing Wire

Department of Housing and Urban Development (HUD)’s Office of Policy Development and Research is seeking public comment related to application and origination documents for the Federal Housing Administration (FHA)-backed Home Equity Conversion Mortgage (HECM) program, according to a notice published this week in the Federal Register.

Mortgages 356
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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. Unlike off-the-shelf POS solutions, Blueprint Builder allows lenders to customize technology that is designed to help improve operations, Maxwell noted.

Lending 360
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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 development is particularly notable due to the recent activity of MAM in the realm of reverse mortgage servicing. The sale of Champion.

Sales 392