Lunch & Learn: The State of Housing

As housing supply dwindles, affordability concerns grow while competition heats up the market. This Lunch & Learn will examine the current state of housing, featuring experts who have an eye on the market.

HousingWire Annual Virtual Summit

Join us on October 25 for a chance to see a handpicked selection of sessions from HousingWire Annual along with technology demos from the most innovative tech companies! Register now for FREE to experience HW Annual just like you were there.

How credit scores impact lenders’ pipelines in a purchase market

When a lender works with a borrower to improve their credit score, they are able to offer the most competitive rate and terms. Learn more here!

Volly’s Grant Moon on challenges facing veterans

In this episode of HousingNews, we are joined by Grant Moon who discusses the difficulties veterans face during the home-buying process and misconceptions about VA loans.

Mortgage

Computershare acquiring LenderLive Network

Sale continues Computershare’s U.S. expansion

LenderLive Holdings announced on Friday that it has agreed to sell its mortgage fulfillment and secondary marketing division, LenderLive Network, to Computershare Loan Services.

The agreement marks another move into the U.S. mortgage servicing arena by Australian company Computershare, which acquired Capital Markets Cooperative and Credit Risk Solutions (formerly known as Altavera Mortgage Services) in 2016.

Rob Clements, CEO of LenderLive Holdings, which is also the parent company of LenderLive Services and the recently acquired ReQuire Holdings, explained that the decision to sell LenderLive Network stems from the company’s "long-term strategic plan to invest in and build the company's services and technology businesses while finding long-term strategic capital sources or partners for the fulfillment and secondary marketing businesses."

“Going forward, LenderLive Holdings will continue to offer a broad range of technology-enabled services though our LenderLive Services division and grow through strategic acquisitions like the recently-closed Require Holdings transaction," Clements said. 

The sale is subject to regulatory approvals and is expected to close in the fourth quarter of 2018.

“We’re very excited to be bringing LenderLive Network into the Computershare family,” said Nick Oldfield, CEO of Computershare Loan Services. “The team at LenderLive Network has a strong client base, and their outstanding products and people will be a natural fit for us as we continue to build a comprehensive mortgage service offering.”

Financial terms of the deal were not disclosed.

3d rendering of a row of luxury townhouses along a street

Log In

Forgot Password?

Don't have an account? Please