CMG promotes John-Robert Martinez to lead reverse business in the East
CMG Financial‘s reverse mortgage division has welcomed John-Robert Martinez as regional manager of reverse for the eastern U.S., effective Monday. The news was confirmed on LinkedIn by Sean Kirksey, CMG’s vice president of reverse mortgage. “Anyone who has worked with John knows how much this is ear
Fathom Holdings sells LiveBy assets to Move Concierge for $3M
Fathom Holdings has sold its LiveBy assets to Move Concierge for $3 million — with an additional $300,000 in expected annual contingent payments tied to data-sharing agreements. Fathom will retain access to the LiveBy platform for five years while Move Concierge extends its services to all Fathom ag
Rising credit report costs may push mortgage industry toward upfront fees
Kevin Bell, a mortgage broker at Oakmont Lending, had to adjust to a different approach to handling credit report costs when he joined the company from a retail lender earlier this year. Oakmont charges borrowers upfront, while Stockton Mortgage Corp., where Bell worked for about three years as a br
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