Financial Crossing, Palo Alto, Calif., has launched a technology-enabled program that expands the professional capacity of financial advisors, mortgage originators and other industry professionals. The Independent Advisor Program allows these professionals to function as personal liability managers, providing mortgage and liability analysis, planning, monitoring, and execution in real time and on an ethical and objective basis through FC's Liability Manager software. The software incorporates patent-pending analytics, market data, and leverages real-time pricing and eligibility from NYLX for thousands of loan programs from multiple lenders; offers seamless mortgage fulfillment services through integration with Lydian Data Services; and has execution and origination of loans and plans in all 50 states through an integrated partnership with Citizens Community Bank of New Jersey, a commercial bank and correspondent. FC can be found on the Web at http://www.financialcrossing.com.
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The filing alleges TWO executives engaged in a "stealth mission" to get the deal canceled, including subverting participation in a March shareholder vote.
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Some equity and credit agency researchers have lowered their sights in line with market changes, but their forecasts suggest stability for those that pivot.
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The new record arrives after five months of annual home-price growth, which surged to its highest in more than a year, according to ICE Mortgage Technology.
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The arm of the asset management giant is paying over $100 million for the Cherry Hill business started in part with Freedom Mortgage over a decade ago.
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The average down payment across the list was 17.1%, well above 13.1% nationally, and the median credit score was 766, compared with 747 countrywide.
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HBT Financial in Bloomington, Illinois, has agreed to acquire Tri-County Financial Group in a deal valued $204.6 million.
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