Fred Melgaard has been named executive vice president of DRI Management Systems, a provider of mortgage default management technology based in Newport Beach, Calif. His primary responsibilities include managing major client relationships, customer relations, sales, and marketing. DRI said Mr. Melgaard is a 19-year industry veteran who joined the company from Harland Financial Solutions, where he has served in various capacities since 1999, including vice president of servicing products and customer experience. He previously spent six years in senior management positions at several technology firms, including MaestroSoft, where he was president and chief executive officer. DRI can be found online at http://www.dridefault.com.
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About 43% of Americans upgraded their homes last year, and 33% plan to remodel in the next year, according to a recent survey from Redfin.
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Sun Belt states saw a noticeable surge in liens filed last year, with Florida accounting for 17% of the national total, according to Benutech.
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CEO Tim Spence said folding in the acquired bank has gone to plan so far, but the biggest point of risk is still on the horizon.
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Surge, which claims to serve some of the nation's larger wholesale players, said the lender's behavior was reminiscent of its spat with Black Knight.
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Questions about the single-report option and whether VantageScore should be introduced before FICO 10T arose during a hearing on broader legislative proposals.
April 17 -
SecurityNational Mortgage Co. alleges that the larger competitor facilitated the mass resignation of its staff from Glendale and Scottsdale offices.
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