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Point of Sale, MSR Financing, DSCR, Home Equity, Accounting Products; Training and Webinars

Some things are nearly timeless, like this annual list of “10 Things to Do,” most of which can be applied any year. Here in Las Vegas, the time of sunrise is 6:05AM, and yes, I’ve been up for a few hours by then, not getting into bed. But can’t you almost feel the earth moving around the sun? Anchorage is picking up 6 minutes of daylight per day; Kanas City 4. Over a week that’s… uh… 7 times… well, you can figure it out per week. Every spring it is remarkable. What some consider remarkable, although not in a good way, is how we find mortgage rates in the 7s again, and the talk here at the Lenders One event is what can be done about it. Despite the yield curve being inverted (2-year yields are .8 percent higher than 10-year yields), once again IMBs are searching for hidden ARM buyers, good home equity products, and continuing to offer down payment assistance programs, bond programs, and buydowns. But for many, the hope of 30-year f ....

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Altisource Public Stock Offering Will Pay Off Roughly $20M In Debt

Shares in Hubzu operator touched a new 52-week low Friday after the company released details of its plan to pay off a portion of its nearly $200 million in debt. ....

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MCT taps Jennifer Kennelly for investor services team

MCT, a fully integrated capital markets services and tech provider, appointed Jennifer Kennelly senior director of its investor services team. ....

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Floify Names Two To Leadership Positions

Floify, a point-of-sale solution for the mortgage industry and subsidiary of Porch Group Inc., has announced the hiring of Sofia Rossato as president and general manager and Dan Goldman as VP of sales. Rossato previously was the CEO at the omnichannel chat platform SnapEngage and brings over 20 years of leadership experience to Floify, while Goldman was senior vice president of sales at First Integrity Mortgage Services and brings more than 20 years of executive sales experience to Floify. ....

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