In a move to broaden their reach to the small-to medium-size lender market Fiserv has acquired Del Mar Database, San Diego, the two companies said.Del Mar will continue to be run independently with no management changes, according to John Walsh, Del Mar Database president. Mr. Walsh said the acquisition will "add a lot of credibility to Del Mar." Leslie Muma, Fiserv president and chief executive officer, said the acquisition is a key milestone in the company's goal of "building the most complete technology solution for the lending industry." The actual price and terms of the deal were undisclosed. Del Mar can be found on the Web at http://www.delmard.com.
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Roughly a third of homeowners with a mortgage rate less than 6% would not give up their rate for any reason, according to a survey of 1,000 mortgage holders.
1h ago -
In other news, Better Mortgage completed warehouse renewals and Wolters Kluwer provided a new form of access to its digital vault platform for secured parties.
6h ago -
A United Wholesale Mortgage executive stepped in to defend a claim against the company, as consumers pelt the industry with more spam call complaints.
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Adam Boyd, a veteran financial services executive with more than 25 years of experience, will head the growth of Rate's consumer lending platform.
April 7 -
Washington State charged Newrez after a consumer investigation, with the notice following recent enforcement action against Luminate Home Loans.
April 7 -
Mike Kortas will be adding a separate mortgage servicing company and hiring NEXA loan officers to assist with the process and give them customer insights.
April 7









