Sunset Mortgage Co., Chadds Ford, Pa., has licensed the PushMX productivity software produced by PushMX Software, San Jose Calif.PushMX works in concert with the Calyx Point loan origination software to enable brokers, managers, loan officers, and processors to track and manage their entire loan pipeline from a single screen, according to PushMX Software. It also allows them to view an instant summary of the status of all loans, including critical task deadlines and all related details. PushMX Software said its technology will allow Sunset Mortgage personnel to layer additional workflow and business management features on top of Point so they do not need to learn a new loan origination tool or change the way they originate and process loans.
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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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CrossCountry increased its agreed-to offer for the real estate investment trust by 50 cents per share, as UWM Holdings made an unsolicited bid on April 20.
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The former Wall Street player blamed its decline on rising interest rates, trouble at its lending subsidiary, and debt stemming from the Great Financial Crisis.
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The Federal Open Market Committee's April meeting — likely Federal Reserve Chair Jerome Powell's last — is unanimously expected to keep interest rates steady, but questions about energy, inflation and the upcoming transition in leadership still loom.
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Jonathan Corr, the former CEO of Ellie Mae, is one of six new members of MeridianLink's board, added following its acquisition by Centerbridge Partners.
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