Nino Saso Joins US Mortgage Corp As CPO

Industry veteran Nino Saso has been named Chief Production Officer of US Mortgage Corporation, the company announced in a press release. In his new role, Saso will oversee sales, expansion initiatives, innovation, and boosting market presence across the country. “I am honored to join US Mortgage Corporation at this exciting juncture,” Saso said. “The mortgage industry is rapidly evolving, and I look forward to partnering with the talented team here to capitalize on new opportunities, enhance customer experiences, and drive sustainable growth.” He brings more than three decades of mortgage industry experience to the position. Prior to US Mortgage, Saso served as SVP Divisional Sales Manager at Nations Lending.  Saso has also held leadership roles at Mutual of Omaha Mortgage,…

Flyhomes Acquires Home Sale Assured

Cash offer fintech Flyhomes announced it is acquiring “buy before you sell” leader Home Sale Assured. Home Sale Assured, a platform owned by Innovative Holdings, LLC, is known for its Guaranteed Backup Contract, which allows homeowners to confidently purchase their next house before selling their own. Flyhomes will acquire the Home Sale Assured brand, and founder Eric Meadow will join the company as a senior executive. “Eric is a seasoned mortgage professional who has built something really special with the Guaranteed Backup Contract,” Tushar Garg, co-founder and CEO at Flyhomes, said. “Its ability to remove friction from the buying and selling process, while adding assurance, flexibility, and customer-centricity, aligns perfectly with our core tenants here at Flyhomes. This deal strengthens…

Alternative For Credit Invisible Borrowers Finds Success

By KIMBERLEY HAAS A case study by FormFree highlights how one of the nation’s largest independent mortgage lenders is serving the credit invisible. Leaders at FormFree estimate that millions of adults in the United States are credit invisible or credit unscorable. That makes it difficult for these potential homeowners to qualify for a mortgage. Manual processes exist to underwrite mortgages for these borrowers but they are seldom used because people without a credit score often assume they cannot qualify for a home loan and industry professionals may be unaware of their options, according to the case study. To provide loans for qualified credit invisible customers, San Diego-based Guild Mortgage Company introduced a Complete Rate program in July of 2022 that…

Dave Stein Joins Crown Home Mortgage

Dave Stein has been named Southeast Divisional Manager of Crown Home Mortgage, the company announced in a press release. From his home base in Mount Pleasant, South Carolina, Stein will oversee the growth and overall operations of Crown Home in the Southeastern region. “I am honored to be part of such a reputable organization committed to delivering exceptional mortgage services,” Stein said. “With a branch located in Mount Pleasant, I look forward to serving the local community and working closely with the team to provide the best mortgage solutions.” Stein brings a wealth of financial industry leadership experience to the position. Prior to Crown Home, he served as EVP of Family First Funding LLC. His other experience includes Chief Operating…

Integro Bank Announces Mortgage Lending Division

Arizona-based Integro Bank launched a new mortgage lending division geared towards small business owners purchasing homes. Steven Zielsdorf, director of residential mortgage lending, will lead the team. Prior to Integro, he served as a managing member of iLending Mortgage LLC. “Integro Bank is here to make the home buying process easier and less stressful. We offer a wide variety of loan programs to meet your mortgage financing needs whether you are a traditional residential home buyer or a small business owner with challenges validating income to meet the financial requirements,” Zielsdorf said. “Our team will work with you to determine the best option for your personal situation while also having the experience to provide creative solutions for small business owners…

Farhad Fariba Joins CSS As CTO

Mortgage securitization administrator Common Securitization Solutions has named Farhad Fariba EVP and Chief Technology Officer, the company announced in a press release. In his new role, Fariba will spearhead efforts to develop CSS’s technology strategy, as well as oversee infrastructure, software development, cybersecurity, and emerging tech. He will report directly to CEO Tony Renzi. “CSS is thrilled to welcome Farhad to our executive management team,” said Renzi. “Farhad brings a wealth of experience and expertise in the technology industry and has an outstanding track record of driving innovation, developing scalable business solutions enabled by technology, and most importantly leading high-performing teams.” Prior to joining CSS, Fariba served as SVP, IT Platforms and Services with Travel & Leisure Co. His background…

Rocket Takes Second In “100 Companies That Care” Rankings

Rocket Companies has been recognized by PEOPLE in its 100 Companies That Care rankings for its contributions to Detroit homeowners. For the past seven years, PEOPLE has partnered with Great Place To Work to honor companies that go above and beyond to positively impact their communities.  This year, Rocket Companies earned second place for its efforts to support residents of Detroit. PEOPLE said its decision was based on the Detroit Home Repair Fund, part of the Gilbert Family Foundation. The fund facilitates critical home repairs for low-income Detroit homeowners – where Rocket is headquartered – through its nonprofit partners. Nonprofit partners inspect the home and obtain the funding, as well as oversee contractors and post-inspections while monitoring compliance. “Stable housing…

Guild Acquires Illinois-based First Centennial Mortgage

Guild Mortgage has acquired Illinois-based First Centennial Mortgage, the company announced in a press release. Founded in 1995 by brothers Steven and David McCormick, First Centennial operates predominantly in the Midwest. It recently ranked 64 of 75 in Scotsman Guide’s Top Mortgage Lenders of 2023 list and has been recognized as one of the fastest-growing companies in the U.S. by Inc. Magazine from 2017 to 2022. San Diego-based Guild Mortgage is a nationally recognized independent mortgage lender providing residential mortgage products and local in-house origination and servicing. The terms of the acquisition were not disclosed. “We continue to effectively execute our strategy to grow and gain market share through acquisitions where there exists a strong cultural match and the potential…

Andrew Strickman Joins NAF As CMO

Andrew Strickman has been named Chief Marketing Officer by New American Funding, the lender announced in a press release. Strickman will further NAF’s growing brand in his new position, bringing more than two decades of marketing experience to the company in its 20th year. “We are incredibly excited to welcome Andrew to the NAF family,” NAF President Christy Bunce said. “As a mission-driven mortgage lender that believes homeownership opportunities should be available to all, Andrew comes to us with a wealth of knowledge working with and for purpose-driven companies like ours. His perspective on building brands that drive business results, and his approach to storytelling will serve us well as we move into this next chapter of our company’s history.”…

Bonzo Leader Says Success Starts With Personalized Messaging

By KIMBERLEY HAAS The co-founder and president of a relationship management automation provider for mortgage professionals says taking a more personal approach to messaging makes a difference. Jason Perkins says at Bonzo they were intentional about the features and assets they built into their system. “We really wanted something that was going to move the needle for our business and create more conversations,” Perkins said in a recent interview with The Mortgage Note. Perkins said they looked at the work loan officers were performing and figured out how to scale their voices with a few clicks of a button. A user can do everything from converting leads to nurturing past clients, he said. “We have a broadcast feature, and you…