LenderLive Holdings, Inc. entered into an agreement to sell LenderLive Network, LLC (LLN), its mortgage fulfillment and secondary marketing division, to Computershare Loan Services, a global leader in mortgage servicing.
Acquired reQuire Holdings, LLC to complement its document & settlement services offerings.
Acquired PHH’s PLS Mortgage Operations
Aquiline Capital Partners LLC ("Aquiline"), a New York-based private equity firm investing in financial services, became the majority investor in LenderLive Network Inc.
LenderLive acquired Walz Group LLC ("WALZ"), a leading provider of regulatory compliance solutions, full-cycle critical document fulfillment and Certified Mail® Automation.
Issued first Ginnie Mae security.
As the housing market improved, home equity lending demand rose significantly. LenderLive once again is at the forefront of supporting the industry with our proven home equity initiatives.
LenderLive approved as Fannie Mae, Freddie Mac and Ginnie Mae Seller/Servicer.
LenderLive acquired MoKan Title Services, a title company founded in 1999 and based in Kansas City, MO. The acquisition provided LenderLive Settlement Services the ability to extend its reach in the default space further to facilitate REO sale transactions.
Demand for LenderLive services continued to grow, requiring Michigan facility expansion. LenderLive relocated from Troy to Madison Heights, MI, doubling facility capacity.
The Correspondent lending program commenced.
To further our expansion of services into community banks and credit unions, LenderLive became the exclusive mortgage services partner to ICBA.
LenderLive expanded its infrastructure to accommodate growing business. New Denver headquarters provided added space for staff, which more than doubled in 2010. The Troy, MI facility was also expanded to meet growing needs.
LenderLive led the way as a mortgage services provider, on behalf of the nation’s leading financial institutions, including the U.S. government's Home Affordable Mortgage Program (HAMP) and the Home Affordable Refinance Program (HARP). We have assisted more than 4 million borrowers to enter into trial loan modification plans.
LenderLive acquired the assets of Guardian Mortgage Documents (GMD), who has successfully provided document generation services and software to the financial industry for more than 28 years.
LenderLive Settlement Services™ LLC was established, providing full title, closing and settlement services nationwide.
LenderLive introduced our component fulfillment services offering, which included whole loan due diligence, contract underwriting, post-closing/pre-purchase loan audits, quality control and compliance reviews.
LenderLive launched wholesale and correspondent back-office services for large, nationally recognized lenders.
LenderLive developed a web-based, point-of-sale origination tool called eOriginator®. We enabled clients to capture loan applications through all retail touch points; walk-in, call-in and click-in, and seamlessly submit them directly to us for back-office fulfillment.
LenderLive expanded our retail loan fulfillment solutions through Internet originations and call center services.
LenderLive Network, Inc. was incorporated in July 1999 and immediately acquired the assets of two predecessor companies, IFS Direct and Preserv Financial, Inc.
IFS Direct provided first and second lien (including HELOC) retail fulfillment services nationally for Mellon Mortgage, Prudential Bank, and Aurora Loan Services from 1996-1999. IFS Direct also provided regional, private-label origination and fulfillment services for community banks.
Preserv Financial, Inc., a mortgage banking company, originated loans across a proprietary, state-of-the-art mortgage origination technology platform, which became the nucleus of LenderLive’s technology platform.