Industry Watch: An active time for NAMB, CRN, NewDay USA and others

A roundup of notable industry news over the past month

Industry Watch: An active time for NAMB, CRN, NewDay USA and others

A roundup of notable industry news over the past month

The National Association of Mortgage Brokers (NAMB) announced it has joined the Collateral Risk Network (CRN). The nonprofit groups noted in a joint press release that they plan to collaborate on several key initiatives, including advancing valuation integrity, enhancing risk management, educating industry professionals, and promoting best practices in compliance and analysis.

NewDay USA announced the launch of NewDay Home, a mortgage product designed to help veterans and active service members with closing-costs assistance. The loan structure lets qualified borrowers obtain a no-money-down loan and finance closing costs over five years, with no interest if the closing expenses are repaid within one year.

FICO announced that SharperLending Solutions, a verifications technology subsidiary of Xactus, has integrated the FICO Score Mortgage Simulator into its credit platform. The tool is designed to assist mortgage professionals in assessing how changes to a borrower’s credit report might impact their FICO score.

Beeline Holdings Inc., the parent company of Beeline Loans, announced the launch of BeelineEquity, the first U.S. platform to tokenize residential home equity at scale, with five blockchain-tracked equity transactions closed in the initial rollout. The platform is designed to let homeowners tap into their home equity without incurring monthly payments or going through credit underwriting, with repayment occurring only when the property is sold or transferred.

PartnerOne announced it has entered into an agreement with Accenture to acquire Mortgage Cadence, a cloud-based digital lending provider. Mortgage Cadence’s platform is designed to streamline loan origination, enhance automation and reduce operational costs.

Cornerstone Capital Bank announced it has partnered with Alabama-based home builder Stone Martin Builders to launch Ironcrest Mortgage. The joint venture will offer various loan products, including conventional, Federal Housing Administration, Veterans Affairs and jumbo loans, with a focus on both first-time and repeat homeowners, as well as move-up buyers and military families.

Atlantic Coast Mortgage (ACM) announced the acquisition of Tidewater Mortgage Services, a Virginia-based lender serving the Mid‑Atlantic and Southeast regions. Based in Fairfax, Va., ACM was founded in 2011 and is licensed in 40 states.

DocMagic announced it has received two U.S. patents for technologies that automate digital loan closings by identifying unfamiliar documents and tagging them for electronic signatures. The technologies use artificial intelligence and optical character recognition to instantly convert third-party documents into e-ready files for electronic signatures, notarization and e-closing.

Class Valuation and Land Gorilla announced a partnership to integrate appraisal management into Land Gorilla’s inspection marketplace, enabling lenders to automate final inspections and appraisal updates within a centralized platform. The integration is designed to streamline the construction loan process through standardized appraisal reporting for a range of lending segments.

LenderLogix, a provider of mortgage point-of-sale and automation software, announced the launch of AI Sidekick, a tool integrated into its LiteSpeed platform that’s designed to assist loan officers with automated document review. The tool analyzes loan files for compliance issues and documentation gaps, aiming to reduce processing times while maintaining data security.

First American Mortgage Solutions announced the rollout of equiRisk, a title data tool that provides a summary of property information for home equity and refinance transactions. Offering pertinent property info such as ownership, liens, taxes and property value, the tool aims to support faster collateral review and risk assessment.

Friday Harbor announced the expansion of its AI Originator Assistant tool to include collateral analysis, allowing appraisal reports and related documents to be reviewed alongside credit, income and asset data. The system allows lenders to automatically identify appraisal inconsistencies, analyze market soundness and assess property conditions, while also checking appraisal reviews against Fannie Mae and Freddie Mac guidelines.

Author

More Headlines

Top Dollar Volume

Top FHA Volume

Top HELOC Volume

Most Loans Closed

Top Mortgage Brokers

Top Non-QM Volume

Top Purchase Volume

Top Refinance Volume

Top USDA Volume

Top VA Volume

Top Veteran Originators

Top Jumbo Originators

For Top Originators rankings going back to 2010, see the April editions of the magazine in our digital magazine library

Top Women Originators

Top Overall

Top Wholesale

Top Retail

Top Non-QM

Top FHA

Top VA

Top Correspondent

Top Bank Statement

Top DSCR

For Top Mortgage Lenders rankings going back to 2010, see the June editions of the magazine in our digital magazine library

Lauren Robert | 35

Leader Bank

Arlington, Massachusetts

5 years in business

In 2023, Lauren helped launch Leader Bank’s Cape Cod Mortgage Office, growing the team from #11 to #2 Purchase Lender. Her volume rose over 40% to $40M in 2025. She’s built a thriving business, a new loan office, and raised three kids. She is a rock star!

error: Content is protected !!