Auction.com id1496


The J.G. Wentworth Co., a purchaser of structured settlement payments and other receivables, has completed its acquisition of Woodbridge, Va.-based WestStar Mortgage Inc., [Read More]



Mark Besharaty has joined Hunt Mortgage Group, a commercial real estate (CRE) lender, as vice president of the small loan group. In this [Read More]

CMBA Servicing id1480

Chris Hartman has been promoted to sales manager of wholesale and correspondent operations for Addison, Texas-based Mid America Mortgage Inc., according to the [Read More]

Mortgage holders were carrying more non-mortgage debt in June than at any point in the past 10 years, with an average of $25,000 [Read More]

NAMFS id1531

Richard Smith has joined the LOGS Network, an organization that supports the mortgage servicing industry with guidance in the areas of foreclosure, bankruptcy, [Read More]

SWBC id1517

Veteran mortgage sales and training professional Jeffrey Gable has joined Mortgage Network Inc., one of the largest independent mortgage lenders in the eastern [Read More]

Mortgage wholesaler Blustream Lending, a division of Nexera Holding, is now using Comergence's REALM platform for third-party originators. REALM is a proprietary platform [Read More]


Residential Credit Solutions Inc. has agreed to pay $1.5 million in restitution and a $100,000 fine for allegedly blocking consumers' attempts to save [Read More]

Fixed mortgage rates edged down slightly during the week ended July 30, with the average rate for a 30-year fixed-rate mortgage (FRM) dipping [Read More]

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PERSON OF THE WEEK: Devdatta Patil is the release manager for IndiSoft, a company that provides a range of software solutions for the mortgage servicing industry, including WipeOut, a secure data destruction application. Now that [Read More]

BLOG VIEW: Could the strange, exotic and often risky loans that were originated in the run-up to the mortgage meltdown make a comeback? You know, the loans widely introduced after 2000 - the financing with [Read More]

BLOG VIEW: Lenders and servicers are struggling to achieve compliance in a cost-effective and efficient manner - and because regulations are constantly changing, this will be a concern for the mortgage industry for years to [Read More]

PERSON OF THE WEEK: Paul Clifford is president of Simplifile, a software company offering a suite of collaboration, e-recording and post-closing solutions. MortgageOrb recently interviewed Clifford to learn more about why communication is becoming paramount [Read More]

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