Boasting offshoring credentials for the mortgage industry going back to 2000, Global Realty Outsourcing, Blackheath Financial, and Zenta (formerly H-Cube) have announced that they are uniting under the Zenta brand to offer business process outsourcing and knowledge process outsourcing (KPO) services to the real estate and financial services industries.According to the announcement, the combined company has 5,000 employees in six locations across three continents, with many employees holding MBA degrees and chartered accountant certifications. In an earlier announcement, American Capital Strategies Ltd. said it invested $17 million in H-Cube LLC to support the acquisition of Blackheath Financial, which provides outsourced real estate analysis and consulting services to commercial mortgage-backed securities underwriters and investors. Zenta can be found on the Web at http://www.zenta.com.
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The Housing for the 21st Century Act includes provisions covering policy, manufactured homes and rural infrastructure introduced in a prior Senate proposal.
February 6 -
Mortgage loan officer licensing saw its first rise since 2022 as Fannie Mae projects $2.4T in 2026 volume. Experts eye a market reset amid improving affordability.
February 6 -
The secondary market regulator will formally publish its own rule on Feb. 6, after a comment period and without making changes to what it proposed in July.
February 6 -
The FHFA chief told Fox an offering could be done near term - but may not be - while a Treasury official addressed conservatorship questions at an FSOC hearing.
February 6 -
Bowing to industry pressure, the Consumer Financial Protection Bureau is warning consumers with notices on its complaint portal not to file disputes about inaccurate information on credit reports, among other changes.
February 5 -
The mortgage technology unit at Intercontinental Exchange posted a profit for the third straight quarter, even as lower minimums among renewals capped growth.
February 5




