Rocket Mortgage has signed a subservicing agreement with Annaly Capital Management, the country’s largest residential mortgage real estate investment trust (REIT).
Commercial mortgage banking firm Gantry, Inc., has acquired Triad Capital Advisors, expanding its servicing portfolio by over $1.5 billion. With this acquisition, Gantry’s servicing portfolio grows to $20 billion.
DataVerify has announced a new integration with ICE Mortgage Technology’s platform, enabling mutual customers of the two companies to use DataVerify products within the Encompass suite.
United Wholesale Mortgage (UWM) has announced new enhancements to its ChatUWM chatbot, including upgraded and personalized loan-level search and recommendation abilities.
SitusAMC has sold a majority stake in its loan insurance entity, Securent Risk Retention Group, to investment firm VineLight Ventures.
Fidelity National Financial (FNF) has announced the acquisition of the commercial operations of First Nationwide Title Agency (FNTA), formerly a division of AMT Commercial Title Services and a subsidiary of AmTrust Financial Services. As part of the acquisition, FNTA’s key commercial leadership team will join FNF, including CEO and President Steven Napolitano, who will continue to lead the company’s day-to-day operations under FNF’s ownership.
ICE Mortgage Technology has informed users of its widespread Encompass CRM software product that it will be conducting a guided pilot migration to Encompass’ spiritual successor, ICE Surefire CRM, through the end of the year. Companies that participate will receive free support from ICE and will be offered the opportunity to give feedback to improve the transition process.