Industry Briefs, Aug. 27, 2024

Argyle Becomes Approved Service Provider Supporting Freddie Mac’s AIM

Argyle, New York, announced it is now an approved third-party service provider supporting Freddie Mac’s Loan Product Advisor asset and income modeler.

Argyle provides a verification of income and employment solution.

Effective immediately, lenders using Argyle’s verification services will be eligible for automatic assessment of income and employment, including 10-day pre-closing verifications, via AIM.

CMG Financial, LERETA Enter Strategic Relationship

CMG Financial, San Ramon, Calif., announced a strategic relationship with LERETA, Pomona, Calif., for the management of real estate taxes and flood insurance for CMG’s servicing portfolio.

The call was part of a broader CMG decision to move its 400,000-loan portfolio from sub-servicing to in-house servicing.

LERETA’s tax and flood servicing suite offers a number of solutions designed to simplify the management of those categories.

Calque Announces Additional Lender Partners

Calque, Austin, Texas, announced additional partners for The Trade-In Mortgage–Sparrow Mortgage, South Easton, Mass., and Mortgage Trust, Portland, Ore.

The Trade-In Mortgage allows homeowners to utilize the equity in their current properties when buying a new one.

Clients can place non-contingent bids that compete with cash offers, with Calque’s guaranteed backup offer.