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American National Mortgage

National Mortgage Settlement

Attorney General Rob McKennna discusses the national mortgage settlement. For more information go to www.nationalmortgagesettlement .com.

American Financial Resources, Inc.'s Wholesale Division to Offer Floify's Digital Mortgage Point-of-Sale Solution to ...

Partnership aims to integrate the power of Floify's mortgage automation solution with American Financial Resources, Inc.'s robust technology offerings to further enhance the broker-borrower experience.

BOULDER, Colo. (PRWEB) October 17, 2018

Floify, the mortgage industry's leading point-of-sale solution, announced today a partnership with national residential mortgage lender, AFR Wholesale, a division of American Financial Resources, Inc., to offer Floify's automation technology to AFR's independent network of broker partners.

By utilizing Floify's point-of-sale integration, AFR's broker partners will be able to quickly and easily process borrower loan applications, securely send and receive supporting documentation, automatically deploy status updates and reminders via email and SMS, and more – all from a single, intuitive user interface.

"Partnering with AFR Wholesale on a Floify integration underscores our relentless pursuit of helping maximize broker productivity and borrower satisfaction with the mortgage process," said Dave Sims, CEO of Floify. "Our partnership with AFR not only shows the benefits of a streamlined loan origination process, but highlights the incredible potential of an all-digital mortgage operation.

Former exec from HUD's Ginnie Mae program joins Ainsworth Advisors

Ex-Ginnie Mae President Joseph Murin is among several industry veterans joining Ainsworth Advisors, a consultancy run by former mortgage banker David Lykken and former Texas Capital Bank executive Gary Ort.

Others joining Ainsworth include Marc Helm, the former president and CEO of Reverse Mortgage Solutions, and attorney Mitch Kider, managing partner at Weiner Brodsky Kider PC. Former LoanLogics Senior Vice President Les Parker , former Mortgage Bankers Association Chief Economist Jay Brinkmann and former MBA Chairman David Kittle also are joining the advisory firm.

Lykken and Ort formed Ainsworth last year. Ort previously was president of Texas Capital Bank's mortgage finance division, and Lykken was a top executive at three independent mortgage bankers in the 1990s: United Lending Group, Legend Financial Group and Mirad Financial Group.

Murin was the president of the Department of Housing and Urban Development's Ginnie Mae program between January 2008 and August 2009. Helm was one of Reverse Mortgage Solutions' founding partners in 2007 and became its president in April 2010 . He left the company in November 2013.

Historically, what has been the average length of home ownership &/or mortgage?

I have contacted to two trade associations with this question: the american mortgage assoc and the national assoc of realtors. They did not respond to my query. Again, how long do homeowners reside in the home before moving???

Historically, between 8 and 12 years for holding one's primary residence.

Between 4 and 7 years for holding the mortgage.