Optimal Blue promotes Nadia Aziz to chief commercial officer

Posted August 31, 2015 / No comments

Optimal Blue, a provider of cloud-based enterprise lending services to the mortgage industry, announced the promotion of Nadia Aziz from executive vice president to chief commercial officer. In her new role, Aziz will be responsible for Optimal Blue’s key functions of product management, marketing, and sales, and will focus on creating a stronger integration across

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Stonegate CEO Jim Cutillo abruptly leaves company

Posted August 31, 2015 / No comments

Stonegate Mortgage Founder and CEO Jim Cutillo announced he is abruptly leaving the company effective Sept. 10, 2015, serving only as a consultant over the next six months to facilitate his transition. After a rough year on the stock market for the company, one analyst said this is positive news for the lender. Source: Housing

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Homebuilders call new labor law ruling crippling

Posted August 31, 2015 / No comments

Homebuilders are balking at a new labor law ruling that puts them on the hook for issues involving millions of subcontractors. Roofers, plumbers, electricians, framers are just some of the 25 categories of subcontractors used to build a home. The National Labor Relations Board (NLRB) could, in some cases, now deem them “joint employees” of

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Chicago PMI declines in August

Posted August 31, 2015 / No comments

Activity in the U.S. Midwest declined modestly and fell just short of expectations, but showed expansion in the region for the second straight month….(read more) Forward this article via email:  Send a copy of this story to someone you know that may want to read it. Source: Mortgage News Daily

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How to Keep Your Closing on Track

Posted August 31, 2015 / No comments

By SVP and Head of Single-Family Sales & Relationship Management Christina Boyle There’s no mystery why home sales have been on an upward trend. The mystery is why so many sales contracts are held up at closing by financial issues. Read More…(read more) Forward this article via email:  Send a copy of this story to someone

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