Dorado Corp., San Mateo, Calif., said that Dave Parker has been promoted to vice president, business development. In his new role, Mr. Parker will oversee all aspects of Dorado's business development efforts including technology and value-added reseller partnerships. He previously served as director of business development. In prior roles, he has served as director, sales platform development at Wells Fargo and chief executive officer at Praxis Technology Group. Before Wells Fargo, Mr. Parker served as chief operating officer at MortgageHub.
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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.
37m ago -
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.
42m ago -
Questions about the single-report option and whether VantageScore should be introduced before FICO 10T arose during a hearing on broader legislative proposals.
1h ago -
SecurityNational Mortgage Co. alleges that the larger competitor facilitated the mass resignation of its staff from Glendale and Scottsdale offices.
8h ago -
The bank's marketing, which hid the nature of its solicitations, led some borrowers to apply for cash-out refis that increased monthly payments, the OCC said.
April 16 -
While last year was the best for origination income since 2022, annual net servicing revenue for mortgage bankers was approximately 70% below 2024's level.
April 16







