Tag Archives: Company News

Genworth's U.S. Mortgage Insurance (USMI) unit announced the completion of integrated electronic interfaces with two major loan origination systems.

Mortgage Builder Software, a provider of loan origination and loan servicing software systems, is renaming its loan servicing software platform.

Silicon Valley HOME (SVHOME), one of the California Bay Area's leading builders, announced it will distribute donations to 65 elementary schools in Santa Clara, Alameda, Contra Costa, and Santa Cruz county neighborhoods where it has renovated and sold houses.

Genworth's U.S. Mortgage Insurance (USMI) unit unveiled a new set of underwriting guidelines designed to allow lower credit scores and eliminate nearly all geographic restrictions.

Zillow, Inc. announced that HGTV&'s FrontDoor website is joining the Zillow Real Estate Network in the next quarter.

Bank of Commerce Mortgage (BOCM) is expanding its operations in Denver, the company announced. According to a release, BOCM's Denver office saw significant growth in loan volume and staff in 2012, necessitating the move to a larger office space.

Nationstar Mortgage Holdings, Inc., announced the acquisition of Equifax Settlement Services Holding, LLC.

The Wholesale Lending Division of California-based Carrington Mortgage Services announced two new programs designed to assist brokers and borrowers quickly and easily close in the tight housing market. As part of its "Three Day Turn Time Promise" program--offered only for the month of February--the company will decision any eligible FHA or conventional purchase loan within three days of the time it is submitted to underwriting or waive its underwriting fee of $995.

Equity Loans LLC, a Georgia-based lender with operations in more than 30 states, reported major growth in 2012, both in loan volume and in operations. According to a company release, Equity Loans saw a 50 percent increase in loan production last year, setting a new record.

Bank brand values across the globe are on the rise, charting their highest values ever and double their values in 2009, during the financial crisis, according to the results of an annual study by Brand Finance. The most valuable bank brand worldwide is Wells Fargo, with a $26 billion brand, according to the study.