President Donald Trump has wasted no time implementing his agenda, having signed a flurry of executive orders and memos last week, including some that have a direct impact on the housing industry. He began last week with a memo calling for a blanket freeze on foreign aid and federal grants. A day later, he called…
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Nationwide private lender RCN Capital on Tuesday announced the acquisition of BLN Software, which offers a loan origination system and loan management system for the private mortgage lending industry. The announcement from Connecticut-based RCN said that “the lender is looking to provide even more robust tools for its wholesale clients by investing in a state-of-the-art…
Arrival Home Loans on Tuesday announced a partnership with zavvie — a fintech company that specializes in bringing liquidity to residential real estate — in an effort to enhance the homebuying experience for its customers. The collaboration combines Arrival Home Loans’ niche in owner-occupied bridge loans with zavvie’s advanced technology platform for single-family homes. In…
Mortgage technology technology Optimal Blue on Tuesday announced a series of new products and innovations at its inaugural Optimal Blue Summit user conference in San Diego. The company first announced the launch of a new artificial intelligence-powered assistant. The new product, dubbed Ask Obi, will primarily benefit mortgage executives by offering insights and data drawn…