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.

Industry Briefs July 22, 2021

Covius, Denver, announced New American Funding implemented Covius Document Solutions for its default servicing operations. Specifically, New American will use Covius’ 50-state template library and on-demand printing services to prepare and deliver compliant pre-foreclosure/breach letters.

Industry Briefs May 3, 2021

The Consumer Financial Protection Bureau took action against Nationwide Equities Corp. for sending deceptive loan advertisements to hundreds of thousands of older borrowers.

Nicole Berg: 10 Skills You Need to Move from Processor to Underwriter

There is more to being an underwriter than learning guidelines. Based on my experience managing people moving from processor to underwriter, there are hard and soft skills you need before you can transition from Processor to Underwriter.