People in the News August 30 2021

ChainLogix Mortgage Solutions, Fort Lauderdale, Fla., appointed Guadalupe Garcia as National Sales Executive, expanding the company’s West Coast presence.

Initial Claims Take Post-Pandemic Upturn

Initial claims for unemployment insurance unexpectedly increased last week, but remained near the lowest level since the onset of the coronavirus pandemic, the Labor Department reported Thursday.

2nd Quarter GDP Stays Hot; Corporate Profits Surge

Real gross domestic product continued its hot pace in the second quarter, according to the second (revised) estimate released Thursday by the Bureau of Economic Analysis.

Industry Briefs Aug. 27, 2021: Home Lending Pal Raises $2M

The Mortgage Collaborative, San Diego, announced the TMC Emerging Technology Fund LP led a pre-Series A investment round in Home Lending Pal, a technology-enabled marketplace that focuses on fair lending practices.

Greer Allgood of Wipro Opus Risk Solutions: Managing Mortgage Underwriters Remotely

For years, mortgage underwriters have been accustomed to working from home a few days a week; consequently, during the pandemic, it was not much of a challenge to transition to a 100% remote working scenario. What has been a challenge is managing these highly-skilled employees and maintaining their morale at the same time. The great news is that it can be done.