Michel Van Hee has been named chief executive officer of Sollen Technologies, a Dallas-based application services provider for the mortgage industry.Before joining Sollen, Mr. Van Hee spent two years as vice president of business development at Rose Research, an intellectual property company, and three years as vice president of U.S. Operations at Velleman Inc. Mr. Van Hee said Sollen now has 70 customers across the country, and predicted that the customer base will more than triple by the end of the year. Sollen can be found on the Web at http://www.sollen.com.
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The partnership was designed to support the growth of Redwood's Sequoia platform and give Castlelake purchasing power for fully documented loans.
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Home affordability declined on a monthly basis across loan types and racial demographics, but improved from a year ago, the Mortgage Bankers Association said.
April 30 -
A federal judge harshly criticized the settlement of a civil suit between the Department of Justice and a Texas land developer.
April 30 -
The latest study from LodeStar found the ratio of average closing cost to home sales price in several states, led by Delaware, well above the national average.
April 30 -
The benchmark 10-year Treasury yield topped 4.4% on April 29 — its highest level since late March — as investor anxiety mounted.
April 30 -
The technology firm posted annual gains in servicing, origination and closing solutions, although the segment at large posted an operating loss.
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