London Bridge Group has acquired the rights to market MortgageHub's lending wholesale/correspondent Web service platform as a component of BridgeLink network.The agreement allows London Bridge to offer connectivity to a network of lenders and third party vendors. London Bridge is a provider of business software and e-commerce technology solutions. MortgageHub is a provider of mortgage frontline systems and has clients like GMAC Mortgage Corp., Wachovia Bank, Wells Fargo Home Mortgage and others.
-
Newly minted Federal Reserve Chair Kevin Warsh will host his inaugural press conference on Wednesday. Bankers will be paying close attention to what he says — and how he says it.
June 16 -
The Federal Housing Finance Agency's annual report to Congress asks for enforcement and referral powers beyond the limited ones it currently has.
June 16 -
The deal reinforces PennyMac's AI-focused pivot and will also accelerate development and growth of its proprietary servicing platform, the lender said.
June 16 -
Rithm and UWM Holdings are the favorite names among publicly traded lenders, while BTIG adds coverage of Better Home & Finance at a buy rating.
June 16 -
The deal offers a series of exchangeable, class A and B notes, which will pay coupons ranging from 6.00% on the A1 tranche to 5.00% on the A33 tranche.
June 16 -
This industry executive finds subservicing mortgages impacted by rule changes and relatively higher delinquency rates helps test operations and keep them sharp.
June 16







