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Eagle Nationwide Mortgage

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closing costs. Teamed up with Eagle Nationwide Mortgage Company which is a subsidary of Eagle National Bank. Eagle National Bank is a federally ...

Notarize for Mortgage Makes Dream of Online Mortgage a Reality

Five leading mortgage lenders, including UWM, Lenda, Mid America Mortgage, Eagle Home Mortgage, and WEI Mortgage LLC, have signed on to bring the industry into the digital age – enabling borrowers to close online whenever and wherever they choose.

Online closings will first be made available only to borrowers in Washington, Virginia, Illinois and Montana. Notarize plans to expand across the country and today announces a strategic partnership with UWM, the nation’s No. 1 wholesale lender and one of the 10 largest mortgage lenders overall, eventually making Notarize for Mortgage available to UWM’s network of more than 6,500 brokers nationwide.

“It is great to be first to market with this e-closing technology because it enables our network of mortgage brokers to be leaders in the industry,” said Mat Ishbia, President/CEO of UWM. “This ultimately eliminates the traditional closing table, as borrowers can close a loan at their own convenience, from anywhere and at any time.

Cavco Industries Reports Fiscal 2018 First Quarter Results

Net income per share for the first quarter of fiscal 2018, based on basic and diluted weighted average shares outstanding, was $1.30 and $1.28, respectively, compared to net income per share of $0.61 and $0.60, respectively, for the comparable quarter last year.

Commenting on the results, Joseph Stegmayer, Chairman, President and Chief Executive Officer said, "It is gratifying to report improvement in the Company's performance this quarter. Our manufacturing facilities have worked to increase production rates as a result of higher levels of incoming home sales orders, while remaining focused on home quality, design and value."

Mr. Stegmayer continued, "We are also pleased with our geographic market expansion in Mississippi and surrounding states via the acquisition of Lexington Homes. The integration process is underway and we look forward to positive contributions from this new addition in the future."

Cavco’s management will hold a conference call to review these results tomorrow, August 8, 2017, at 11:00 AM (Eastern Time). Interested parties can access a live webcast of the conference call on the Internet at www.cavco.com  under the Investor Relations link. An archive of the webcast and presentation will be available for 90 days at www.cavco.com  under the Investor Relations link.