Mortgage

Kudos: Celebrating milestones, launches and awards in the mortgage industry

More than $50,000 was raised for cancer patients and wounded war veterans

Giving Back

Radian donates $100,000 to MBA Opens Doors Foundation

Radian Group announced a $100,000 donation to the Mortgage Bankers Association Opens Doors Foundation at the MBA Annual Convention in Expo in October.

The Opens Doors Foundation supports families with sick children by assisting with their mortgage and rent payments as they navigate tough times.

This fall, Radian hosted a lip sync challenge to raise awareness and funds for the foundation, challenging members of the industry to submit a video of themselves lip syncing to their favorite Kelly Clarkson song and donate to the cause. Participants raised $50,000 in the challenge, and Radian matched this effort dollar for dollar.

The company announced the donation total at the MBA’s Kelly Clarkson concert during the annual meeting.

Cloudvirga helps raise over $50,000 for cancer patients and wounded veterans

Digital mortgage provider Cloudvirga helped raise more than $50,000 for wounded veterans and families affected by cancer by sponsoring the Finance of America Mortgage Charity Golf Tournament and Auction, which benefits the Golden State Impact Project.

“The Golden State Impact project does an amazing job serving individuals in our community who are suffering serious health challenges that can affect the whole family,” Cloudvirga CEO Michael Schreck said. “We are delighted to partner with Finance of America and do our part to help make this year’s fundraiser as successful as possible.”

Plaza Home Mortgage announces sixth annual donation program with Susan G. Komen San Diego

Plaza Home Mortgage announced its sixth annual donation program to support Susan G. Komen San Diego. In honor of breast cancer awareness month, the lender will make a donation to the charity based on its total month-end loan volume.

For the past six years, the company has contributed a total of more than $450,000 to Komen San Diego, helping thousands of women get free mammograms, biopsies, ultrasounds, care coordination, education and financial assistance

This year, Plaza announced its donation will be designated to helping breast cancer patients and their families who need assistance covering their living expenses, such as rent or a mortgage, while they are going through treatment.

DocMagic teams with Southern California nonprofits to support breast cancer awareness

DocMagic donated a shipment of custom-made pink bunny slippers that were distributed to blood drive participants at an event for Breast Cancer Awareness Month hosted by nonprofit Golden Heart LA and real estate financing firm IET Capital.

The slippers are a nod to DocMagic’s bunny mascot, Doc, and have been a popular giveaway at industry events over the years.

“I was at a mortgage trade show and was asked by a cancer survivor if she could have a pair for a friend going through chemo and that’s what spawned the idea to donate them to worthy causes,” said Margaret Wendt, a strategic business advisor and consultant for DocMagic. “Given that it is Breast Cancer Awareness Month, we wanted to offer participants, donors and volunteers at this important blood drive something fun to take home. If the pink slippers bring a simple smile to someone’s face, then it’s a win in our book.”

Nationwide Title Clearing givesback to military veterans

Nationwide Title Clearing is dedicated to giving back to military veterans, participating in three different charities to support the cause.

To support the Carrington Charitable Foundation Auction, NTC donated a custom-built Triumph motorcycle to be auctioned off at the Pelican Hill, California, event. The fundraiser, which includes golf tournament in addition to the auction, supports veterans returning from the battle field.

NTC’s kickball team also got together to play for the Gramatica Family Foundation for the third year in a row. The nonprofit foundation builds homes for veterans in the Tampa Bay area, working to provide mortgage-free, energy-efficient homes for veterans wounded in combat.

Finally, NTC sponsored Seats for Service with the Tampa Bay Lightning at Amalie Arena. For the second year in a row, NTC will send four of its veterans to the enjoy the game day in an all-inclusive suite with military personnel and will donate to the United States Organizations.

Awards

Genworth Mortgage Insurance and Veterans United Home Loans win 2018 MBA Residential Diversity and Inclusion Leadership Award

Genworth Mortgage Insurance and Veterans United Home Loans were the winners of the Mortgage Bankers Association’s 2018 Residential Diversity and Inclusion Leadership award. The two companies were recognized for their leadership in promoting diversity and inclusion within their organizations and in their market outreach strategies.

“MBA members throughout the country are committed to diversity and inclusion, which was evident from the quality submissions we received from countless members who are developing valuable initiatives and programs to better serve their employees and customers,” said Chris George, 2019 MBA chairman, and president and CEO of CMG Financial. “This year’s winners reflect the best of those submissions, and they deserve to be celebrated for creating positive change and progress in the mortgage industry.”

Genworth Mortgage Insurance was recognized for its multi-faceted employee training and for encouraging open dialogue among team members to create an inclusive workplace.

Veterans United Home Loans was honored for its United Initiative, which creates an inclusive work environment that encourages employees to deliver results through their own unique skill sets, backgrounds and perspectives.

Better Mortgage CEO named one of 100 most intriguing entrepreneurs

Better Mortgage Founder and CEO Vishal Garg was named one of 100 Most Intriguing Entrepreneurs of 2018 at Goldman Sachs’ Builders + Innovators Summit in Santa Barbara, California.

Garg was honored for his passion for using technology and access to credit to empower socioeconomic mobility and rise above intergenerational dependency – one of the founding principals upon which he grew Better Mortgage.

New American Funding wins 2 Stevie Awards for Great Employers

New American Funding won two Stevie Awards in recognition of its outstanding leadership. The lender won a Gold Stevie for Employer of the Year in the financial services category for the third year in a row. Its CEO, Rick Arvielo, also received a Silver Stevie for People-Focused CEO of the Year.

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