LendingLogix, a new mortgage consulting firm, has been launched in Dallas by Dave Williamson and Scott Baller as a sister firm to AppLogix, a custom software development company.LendingLogix offers to provide strategic and tactical services to mortgage banking companies, addressing areas such as business process management, technology evaluation and implementation, planning for electronic mortgages, and business scorecards. LendingLogix said it will begin offering lenders an introductory process assessment package in February. Mr. Williamson, a frequent mortgage industry speaker formerly with Fiserv and The Performance Group, was a featured panelist at SourceMedia's recent Mortgage EC Conference in Las Vegas.
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Eligible purchases with the Better Home Equity Card, which lets homeowners instantly spend funds drawn from a home equity line of credit, earn 1% cashback.
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Kevin Warsh's nomination to be the next chair of the Federal Reserve passed through the Senate Banking committee in a party-line vote.
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Using a non-GAAP measurement, the real estate investment trust, preparing to be bought by CrossCountry, reported a $25 million loss for the first quarter.
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The government-sponsored enterprise recorded $98.7 billion in single-family loan acquisitions to begin the year, including over $43 billion in refinances.
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Check out the next set of names in the 28th edition of National Mortgage News' Top Producers survey, including on how they approach purchase business.
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Brian Hale, CEO of Mortgage Advisory Partners, warns of overcapacity, rising rates and AI-driven disruption forcing consolidation across the lending industry.
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