Bill Adamowski, chairman of MortgageHub, will resume the role of president and chief executive officer of the company in conjunction with a new growth strategy for the Des Moines, Iowa-based Web services platform provider.Mr. Adamowski said the company will hire more than 30 technology professionals and open at least four news offices over the next 60 days to help execute the strategy, which will include acquisitions and the introduction of new products. "For the past two years, my team and I have been working on putting together what I feel is the future of mortgage technology," Mr. Adamowski said. "We took a team of the best technologists and completely removed ourselves from the day-to-day work of running a company and invested in the development of this revolutionary new platform." He said the new technologies will be unveiled next month at the Mortgage Bankers Association's annual convention. The company can be found online at http://www.mortgagehub.com.
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The bipartisan legislation aimed at reducing barriers to new home construction, which included certain community bank riders, passed the lower chamber by a 358-32 vote.
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Tech companies may be the biggest winners of a custodial deposit provision tucked away in a much-touted bipartisan housing bill set to become law this week.
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Affected team members were offered severance, and some have received opportunities to remain with the company, a Pennymac spokesperson said.
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Cybersecurity platforms said infiltrators gained access to terabytes of data with a wealth of personal information, but the lender disputed reported numbers.
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The change aims to address hurdles in the onboarding process, which many have cited as a point of friction in mortgage servicing.
June 23 -
The latest postponement comes after a UWM filing states that Two Harbors shareholders are rejecting the deal, with 54% voting no as of June 12.
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