Tags DepthPR

Tag: DepthPR

ReverseVision Partners with DataVerify to Help HECM Lenders

SAN DIEGO, Calif., March 9, 2018 (SEND2PRESS NEWSWIRE) -- ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced the availability of DataVerify's DRIVE(R) verification platform within ReverseVision's flagship RV Exchange (RVX) loan origination system (LOS). DRIVE helps lenders improve efficiency and reduce repurchase risk by monitoring changes to borrower identity, loan application, and property data throughout the origination process.

Mortgage Compliance Vendor MQMR Grows Sixth Consecutive Year Serving Lenders and Servicers

LOS ANGELES, Calif., March 8, 2018 (SEND2PRESS NEWSWIRE) -- Mortgage Quality Management and Research, LLC (MQMR), a leader in mortgage risk management and compliance services, today announced that 2017 was a banner year for the company, marked by the launch of two new auditing programs and the addition of senior-level staff members.

Quest Advisors Picks TRK Connection’s Insight RDM Mortgage QC Audit Platform

SALT LAKE CITY, Utah, March 6, 2018 (SEND2PRESS NEWSWIRE) -- TRK Connection (TRK), a leading provider of mortgage quality control and origination management solutions, announced today that outsourced mortgage quality assurance firm Quest Advisors has selected Insight Risk & Defect Management (RDM) to power its third-party mortgage QC reviews.

Simplifile Approved by Arkansas Secretary of State as E-Notary Vendor

PROVO, Utah, March 6, 2018 (SEND2PRESS NEWSWIRE) -- Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, announced that it has been approved by the Arkansas Secretary of State as an electronic notary (e-notary) service provider. As a result, Simplifile users in the 23 Arkansas recording jurisdictions in Simplifile's e-recording network will now have the ability to electronically notarize documents, thus streamlining their processes and allowing them to keep as much of the real estate transaction electronic as possible.

Inlanta Mortgage Integrates LBA Ware CompenSafe with LendingQB cloud-based loan origination solution (LOS)

MACON, Ga., March 5, 2018 (SEND2PRESS NEWSWIRE) -- LBA Ware(TM), a leading provider of automated compensation software and systems integration solutions for mortgage lending and retail banking, announced that Wisconsin-based Inlanta Mortgage has completed integration between LBA Ware's CompenSafe(TM) automated compensation calculation platform and LendingQB's cloud-based loan origination solution (LOS). Through the integration, Inlanta is able to leverage real-time loan production data to automatically calculate compensation for each of its 100+ loan originators (LOs).

RoundPoint and Matic Automate Mortgage Servicing

SHERMAN OAKS, Calif., March 1, 2018 (SEND2PRESS NEWSWIRE) -- Matic, a digital insurance agency whose technology enables borrowers to purchase homeowner's insurance during the mortgage transaction, today announced a wide-ranging integration with RoundPoint Mortgage Servicing Corporation (RoundPoint), a mortgage loan originator and one of the nation's largest non-bank mortgage servicing companies. The integration will make Matic's one-click "get quote" button available to both customers and employees of RoundPoint.

IDS Inc. Gains Market Share in 2017 Despite Finance Industry Downturn

SALT LAKE CITY, Utah, March 1, 2018 (SEND2PRESS NEWSWIRE) -- Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it increased its share of the mortgage document preparation market in 2017, even though the industry overall experienced a decline in volume.

Matic Insurance Challenges Mortgage Lenders, Insurers to Help Families Achieve Affordable Housing

SHERMAN OAKS, Calif., Feb. 26, 2018 (SEND2PRESS NEWSWIRE) -- Matic, a digital insurance agency whose technology enables borrowers to purchase homeowner's insurance during the mortgage transaction, is calling on mortgage lenders, realtors and insurance providers nationwide to support Housed & Hopeful, a public/private partnership with non-profit Mortgage Professionals Providing Hope (MPPH) that aims to house America's homeless families.

CUMAnet LLC has selected Simplifile’s Collaboration and Post Closing Services

PROVO, Utah, Feb. 22, 2018 (SEND2PRESS NEWSWIRE) -- Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, announced that CUMAnet has begun using Simplifile Collaboration and Post Closing services to provide credit union clients with a centralized platform that facilitates the effortless exchange of information with settlement partners. CUMAnet intends to expand usage to facilitate electronic document recording for mortgage satisfactions.

LendingQB Makes FormFree AccountChek Asset Verification Part of Its Lean Lending LOS

ATHENS, Ga., Feb. 20, 2018 (SEND2PRESS NEWSWIRE) -- FormFree today announced the availability of its AccountChek(R) automated asset verification service within LendingQB's web-based loan origination software (LOS). The integration enables lenders to order AccountChek Asset Reports directly from LendingQB's verifications dashboard.

CEO Lori Brewer Named to 2018 MPA Hot 100 List for Tech Contributions to Mortgage Industry

MACON, Ga., Feb. 12, 2018 (SEND2PRESS NEWSWIRE) -- LBA Ware(TM), a leading provider of automated compensation software and systems integration solutions for mortgage lending and retail banking, announced today that its CEO Lori Brewer has been named to Mortgage Professional America (MPA) magazine's "2018 Hot 100" list. Brewer was recognized for her entrepreneurship and innovation in pioneering the development of a first-of-its-kind software solution to automatically calculate loan officer (LO) compensation.

MQMR Welcomes Mitchell Nomura as Internal Audit Manager

LOS ANGELES, Calif., Feb. 12, 2018 (SEND2PRESS NEWSWIRE) -- Mortgage Quality Management and Research, LLC (MQMR), a leader in mortgage risk management and compliance services, announced it has hired Mitchell Nomura as internal audit manager. In this role, Nomura will apply his more than 30 years of experience overseeing compliance and risk management departments at bank and non-bank lenders to leading MQMR's team of expert internal auditors as they identify compliance and operational risks for mortgage lender clients.

Cloudvirga CSO Kyle Kamrooz Named to MPA Hot 100 List of Top Mortgage Industry Innovators

IRVINE, Calif., Feb. 8, 2018 (SEND2PRESS NEWSWIRE) -- Cloudvirga(TM), developer of intelligent mortgage point-of-sale (POS) platforms, today announced that its Co-founder and Chief Strategy Officer Kyle Kamrooz has been named to Mortgage Professional America (MPA) magazine's annual Hot 100 list of the leaders and visionaries making the biggest impact on America's mortgage industry. Kamrooz was recognized for spearheading Cloudvirga's transformative contributions to reducing mortgage back-office costs through digital mortgage technology.

TRK Connection CTO Randy Abbey Named to MPA’s 2018 Hot 100

SALT LAKE CITY, Utah, Feb. 8, 2018 (SEND2PRESS NEWSWIRE) -- TRK Connection (TRK), a leading provider of mortgage quality control and origination management solutions, announced today that Chief Technology Officer Randy Abbey has been named to Mortgage Professional America (MPA) magazine's 2018 Hot 100. He was recognized for contributing unique technology-based innovations in mortgage quality control (QC) and risk management.

FormFree CEO Brent Chandler Named Among Mortgage Professional America’s 2018 Hot 100

ATHENS, Ga., Feb. 8, 2018 (SEND2PRESS NEWSWIRE) -- FormFree(R) today announced that company founder and CEO Brent Chandler has been recognized by Mortgage Professional America (MPA) magazine in its annual Hot 100 list of mortgage professionals whose contributions are shaping America's home finance future. Chandler was recognized as the creator of AccountChek(R) - the mortgage industry's first automated asset verification tool - and for advancing innovative approaches to income and employment verification using asset data and augmented intelligence (AI).

ReverseVision VP Wendy Peel Included in MPA 2018 Hot 100

SAN DIEGO, Calif., Feb. 8, 2018 (SEND2PRESS NEWSWIRE) -- ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, announced today that Vice President of Sales and Marketing Wendy Peel has been named to Mortgage Professional America (MPA) magazine's Hot 100 list. Peel was selected for her influential role in bringing HECM loans into the mortgage mainstream as part of a Generational Lending approach to serving borrower needs across the consumer lifecycle.

Mid America Mortgage CEO Jeff Bode Recognized by MPA in ‘2018 Hot 100’

ADDISON, Texas, Feb. 8, 2018 (SEND2PRESS NEWSWIRE) -- Mid America Mortgage, Inc. (Mid America) announced today that owner and CEO Jeff Bode has been honored by Mortgage Professional America (MPA) magazine in publication's sixth annual Hot 100 list of mortgage industry professionals who have made a notable impact over the past year.

MPA Names Matic Co-Founder Ben Madick to Its Hot 100 List of Industry Visionaries

SHERMAN OAKS, Calif., Feb. 8, 2018 (SEND2PRESS NEWSWIRE) -- Matic, a digital insurance agency whose technology enables borrowers to purchase homeowner's insurance during the mortgage transaction, announced today that company co-founder and COO Benjamin Madick has been named one of Mortgage Professional America (MPA) magazine's "Hot 100." Madick was recognized for his career-long contributions to the mortgage industry and for establishing the strategic partnerships that have fueled Matic's rapid growth.

Michael Cooksey Recognized by Mortgage Professional America in 2018 Hot 100 for Industry Leaders

ADDISON, Texas, Feb. 8, 2018 (SEND2PRESS NEWSWIRE) -- The Cooksey Team, a top producing retail branch of Mid America Mortgage, Inc., announced today its founder Michael Cooksey has been honored by housing industry trade magazine Mortgage Professional America (MPA) on its 2018 Hot 100 list.

Movement Mortgage Implements CompenSafe from LBA Ware to Automate LO Compensation

MACON, Ga., Feb. 7, 2018 (SEND2PRESS NEWSWIRE) -- LBA Ware, a leading provider of automated compensation software and systems integration solutions for mortgage lending and retail banking, announced that South Carolina-based Movement Mortgage has implemented CompenSafe(TM) to automatically calculate commissions for its loan originators (LOs) located in 700 branches across 49 states.

Simplifile VPs Nancy Alley and Vicki DiPasquale Recognized on MPA 2018 Hot 100 for Mortgage Leaders

PROVO, Utah, Feb. 8, 2018 (SEND2PRESS NEWSWIRE) -- Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, announced that Simplifile Vice President of Strategic Planning Nancy Alley and Vice President of Sales Vicki DiPasquale were named to Mortgage Professional America (MPA) magazine's 2018 Hot 100. The honor, now in its sixth year, recognizes "100 movers and shakers who are heating things up in the mortgage world."

Subsequent QC Urges Lenders to Protect MSRs Ahead of Mortgage Servicing Activity in 2018

LOS ANGELES, Calif., Jan. 30, 2018 (SEND2PRESS NEWSWIRE) -- Subsequent QC, LLC (SQC) President Michael Steer today advised lenders to take steps to protect their Mortgage Servicing Rights (MSR) assets ahead of an anticipated increase in total mortgage servicing volume. According to the Mortgage Bankers Association, outstanding mortgage debt is expected to reach $10.4 trillion by the end of 2018, compared to $10 trillion in 2017 and $9.7 trillion in 2016.

LBA Ware CompenSafe Hits $1 Billion in Lifetime LO Compensation Calculations

MACON, Ga., Jan. 26, 2018 (SEND2PRESS NEWSWIRE) -- LBA Ware(TM), a leading provider of automated compensation software and systems integration solutions for mortgage lending and retail banking, announced their sales incentive platform CompenSafe calculated $1 billion in lifetime origination commissions and operational bonuses in 2017. LBA Ware also experienced notable year-over-year growth, marked by a 152 percent increase in total compensation processed and a 130 percent increase in the number of lenders using LOS Talker, the company's systems integration solution.

Addition of 23 Jurisdictions in Eastern US Pushes Simplifile E-recording Network Past the 1,700th Mark

PROVO, Utah, Jan. 24, 2018 (SEND2PRESS NEWSWIRE) -- Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, today announced that 23 additional recording jurisdictions throughout the Northeast, Mid-Atlantic, and Southeast have adopted Simplifile's e-recording platform.

iEmergent Joins The Mortgage Collaborative Preferred Partner Network

SAN DIEGO, Calif., Jan. 23, 2018 (SEND2PRESS NEWSWIRE) -- The Mortgage Collaborative, the nation's only independent mortgage cooperative, today announced the addition of forecasting and analytics firm iEmergent to its Preferred Partner network. iEmergent offers TMC members market-based forecasts that can drill down into communities, making the intelligence relevant to both high-level strategic issues and specific market challenges.

FormFree Celebrates Its 10th Year of Operations with Broader Investor Acceptance, New Products and Features for Lenders

ATHENS, Ga., Jan. 19, 2018 (SEND2PRESS NEWSWIRE) -- The last 24 months have seen aggressive growth and milestone achievements for automated verification provider FormFree - and now the fintech company is setting its sights on achieving even greater market penetration in 2018 thanks to broader investor acceptance and new products and features designed to meet lenders' unique needs.

MQMR Announces Internal Audit Services Compliant with Fannie Mae Seller/Servicer 2018 Update

LOS ANGELES, Calif., Jan. 18, 2018 (SEND2PRESS NEWSWIRE) -- Mortgage Quality Management and Research, LLC (MQMR), a leader in mortgage risk management and compliance services, today announced that its Internal Audit services offering meets or exceeds the requirements for Fannie Mae seller/servicers to be in compliance with the December 19, 2017 Fannie Mae Selling Guide Announcement SEL-2017-10 update.

Record Year in 2017: Cloudvirga Digital Mortgage Platform Producing Over $100B in Loan Volume

IRVINE, Calif., Jan. 16, 2018 (SEND2PRESS NEWSWIRE) -- Cloudvirga(TM) CEO Michael Schreck is on a mission to help mortgage lenders reinvent the mortgage factory. A developer of intelligent mortgage point-of-sale platforms, Cloudvirga gives consumers and loan officers a digital mortgage experience and helps lenders grow market share by automating the mortgage back office, saving them up to $1,500 a loan.

Small US Originators Will Follow Top Lenders’ Lead, Making Homeowner’s Insurance Part of the Digital Mortgage, Says Matic CEO

SHERMAN OAKS, Calif., Jan. 16, 2018 (SEND2PRESS NEWSWIRE) -- Integrating homeowner's insurance into the mortgage origination process is a relatively new idea - and one Matic CEO Aaron Schiff anticipates will gain traction in 2018. His firm expects small and mid-sized mortgage operations will follow the lead of several marquee lenders that added homeowner's insurance to their origination workflows last year.

Transformational Mortgage Solutions Welcomes Beth Ozenghar as new President and COO

AUSTIN, Texas, Jan. 15, 2018 (SEND2PRESS NEWSWIRE) -- Leading mortgage industry management consulting firm Austin, Texas-based Transformational Mortgage Solutions (TMS) today announced that it has named Beth Ozenghar its new president and COO. Ozenghar, whose mortgage career spans three decades, had been in the role of senior executive advisor with TMS since 2016. TMS Founder David Lykken will retain the title of founder and chief transformation officer, focusing on spearheading the firm's management consulting engagements.

Digital Mortgage Fintech Pioneer Cloudvirga Hires Sean McEvoy as Chief Customer Officer

IRVINE, Calif., Jan. 9, 2018 (SEND2PRESS NEWSWIRE) -- Cloudvirga(TM), developer of intelligent mortgage point-of-sale (POS) platforms, has appointed Sean McEvoy as its chief customer officer. As a member of the senior leadership team, McEvoy will be responsible for the firm's customer leadership, implementation and support functions. He has an extensive background in building world-class customer success organizations at FileNET, IBM, Quest and Dell. He will report to Cloudvirga CEO Michael Schreck.

TRK VP Colton Hansen Named a 2017 ’40 Under 40′ National Mortgage Professional

SALT LAKE CITY, Utah, Jan. 5, 2018 (SEND2PRESS NEWSWIRE) -- TRK Connection (TRK), a leading provider of mortgage quality control and origination management solutions, announced today that Vice President of Business Development Colton Hansen has been named one of "The 40 Most Influential Mortgage Professionals Under 40" for 2017 by industry trade magazine National Mortgage Professional.

AccountChek by FormFree Automated Asset Report Now Accepted for Veterans Affairs VA Loans

ATHENS, Ga., Jan. 5, 2018 (SEND2PRESS NEWSWIRE) -- FormFree(R) today announced that asset reports generated by its AccountChek(R) automated asset verification service meet all underwriting guidelines established by the U.S. Department of Veterans Affairs (VA) for loans guaranteed by its Loan Guaranty Service. The announcement follows the VA's December 29, 2017, release of Circular 26-17-43, which was issued in response to increasing lender interest in automated verification of borrower assets for VA loans.

Michael Cooksey Named to 2017 National Mortgage Professional ’40 Under 40′

DALLAS, Texas, Dec. 27, 2017 (SEND2PRESS NEWSWIRE) -- The Cooksey Team, a top producing retail branch of Mid America Mortgage, Inc., announced today that its founder Michael Cooksey has been named one of "The 40 Most Influential Mortgage Professionals Under 40" for 2017 by industry trade magazine National Mortgage Professional.

Matic COO Ben Madick Named One of National Mortgage Pro Magazine’s 40 Most Influential Mortgage Professionals Under 40

SHERMAN OAKS, Calif., Dec. 21, 2017 (SEND2PRESS NEWSWIRE) -- Matic, a digital insurance agency whose technology enables borrowers to purchase homeowner's insurance during the mortgage transaction, announced today that company co-founder and COO Benjamin Madick has been named one of National Mortgage Professional magazine's "40 most influential mortgage professionals under 40."

Cloudvirga CSO Kyle Kamrooz Named One of NMP’s 40 Most Influential Mortgage Professionals Under 40 for 2017

IRVINE, Calif., Dec. 21, 2017 (SEND2PRESS NEWSWIRE) -- Cloudvirga(TM), developer of intelligent mortgage point-of-sale (POS) platforms, today announced that its co-founder and Chief Strategy Officer Kyle Kamrooz has been named one of National Mortgage Professional magazine's 40 Most Influential Mortgage Professionals Under 40.

ReverseVision Names New CTO and VP of Operations to Grow Mortgage Industry Experts on Staff

SAN DIEGO, Calif., Dec. 19, 2017 (SEND2PRESS NEWSWIRE) -- ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced it has added new Chief Technology Officer (CTO) Jim Magner and Vice President of Operations Stacey Lund to its senior management team.

The Mortgage Collaborative (TMC) Adds FullCircle Placements to its Preferred Partner Network

SAN DIEGO, Calif., Dec. 19, 2017 (SEND2PRESS NEWSWIRE) -- The Mortgage Collaborative, the nation's only independent mortgage cooperative, today announced the addition of FullCircle Placements to its Preferred Partner network. FullCircle will be the first mortgage-centric recruiting and placement service provider within TMC's network.

Cloudvirga Hires Jim Portner as Chief Product Officer, will report to CEO Michael Schreck

IRVINE, Calif., Dec. 14, 2017 (SEND2PRESS NEWSWIRE) -- Cloudvirga(TM), developer of intelligent mortgage point-of-sale (POS) platforms, has hired Jim Portner as chief product officer. Portner will report to Cloudvirga CEO Michael Schreck and will oversee product strategy, development and marketing for the company's digital mortgage automation platforms.

The Mortgage Collaborative Welcomes United Capital Markets Inc. (UCM) to its Preferred Partner Network

SAN DIEGO, Calif., Dec. 12, 2017 (SEND2PRESS NEWSWIRE) -- The Mortgage Collaborative, the nation's only independent mortgage cooperative, today announced the addition of United Capital Markets, Inc. (UCM), the mortgage industry's leading outsource provider of dynamic MSR hedging. UCM will provide TMC Lender Members strategic advice to bank-owned and private mortgage companies focusing on MSR investment strategies, balance sheet optimization and the capital stack.

Cloudvirga and Docutech Announce Partnership to Help Loan Officers Work More Efficiently

IRVINE, Calif., Dec. 7, 2017 (SEND2PRESS NEWSWIRE) -- Cloudvirga(TM), developer of intelligent mortgage point-of-sale (POS) platforms, today announced a partnership with Docutech that will enable Cloudvirga's lender customers to work more efficiently, reduce the cost of document compliance and make the home loan experience more convenient for borrowers.

The Mortgage Collaborative Adds FundingShield to Preferred Partner Network, Expands Fintech Membership

SAN DIEGO, Calif., Dec. 7, 2017 (SEND2PRESS NEWSWIRE) -- The Mortgage Collaborative, the nation's only independent mortgage cooperative, today announced the addition of FundingShield to its Preferred Partner network. FundingShield offers TMC members a pair of loan level verification services to protect lenders by assuring closing funds go to verified bank accounts belonging to licensed and authorized parties. FundingShield provides actionable intelligence to lenders while other services may provide data that you have to interpret.

FormFree Provides Industry’s Most Complete Analysis of Borrower Ability to Pay, adds Data from Envestnet Yodlee Risk Insight

ATHENS, Ga., Dec. 6, 2017 (SEND2PRESS NEWSWIRE) -- FormFree(R) today announced its expanded partnership with Envestnet(R) | Yodlee(R) (NYSE:ENV), a leading data aggregation and data analytics platform powering dynamic, cloud-based innovation for digital financial services. By leveraging Envestnet | Yodlee Risk Insight Solutions, FormFree will have access to new data points that help to reinforce its position as provider of the most complete and reliable asset, employment and income verification reports in the mortgage industry.

Waterstone Mortgage (NASDAQ:WSBF) to Manage QC Audits Using TRK Insight RDM

SALT LAKE CITY, Utah, Dec. 7, 2017 (SEND2PRESS NEWSWIRE) -- TRK Connection (TRK), a leading provider of mortgage quality control and origination management solutions, announced today that Wisconsin-based Waterstone Mortgage Corporation has chosen the Insight Risk & Defect Management (RDM) platform to conduct its internal quality control (QC) audits.

HousingWire Honors Matic Founder Benjamin Madick with Vanguard Award

SHERMAN OAKS, Calif., Dec. 1, 2017 (SEND2PRESS NEWSWIRE) -- Matic, a digital insurance agency whose technology enables borrowers to purchase homeowner's insurance during the mortgage transaction, announced today that company co-founder and COO Ben Madick is a 2017 HousingWire Vanguard Award winner. Madick was recognized for guiding the company's phenomenal growth over the last 12 months as well as for his career-long contributions to the mortgage industry as co-founder of both Matic and risk management services provider Mortgage Quality Management and Research.

Cloudvirga’s Kyle Kamrooz Earns Vanguard Award for Mortgage Industry Leadership

IRVINE, Calif., Dec. 1, 2017 (SEND2PRESS NEWSWIRE) -- Cloudvirga(TM), the developer of intelligent mortgage point-of-sale (POS) platforms, today announced that its founder and COO Kyle Kamrooz is a winner of HousingWire's third annual Vanguard Awards. Kamrooz was recognized for company leadership as well as his substantial contributions to the mortgage industry at large.

The Mortgage Collaborative Welcomes Loan Vision to its Preferred Partner Network

SAN DIEGO, Calif., Nov. 28, 2017 (SEND2PRESS NEWSWIRE) -- The Mortgage Collaborative, the nation's only independent mortgage cooperative, today announced the addition of Loan Vision, a mortgage industry-specific financial management and accounting software provider, to its preferred partner network, giving its Lender Members access to the industry's premier accounting software.

FormFree Appoints Faith Schwartz to Board of Directors

ATHENS, Ga., Nov. 28, 2017 (SEND2PRESS NEWSWIRE) -- FormFree(R) today announced that housing finance expert Faith Schwartz has been elected to its board of directors. Among the most influential leaders in the mortgage industry, Schwartz has played a firsthand role in shaping current housing finance best practices and public policy.

TRK Connection Brings Aboard Mr. David Pack as Product Manager

SALT LAKE CITY, Utah, Nov. 28, 2017 (SEND2PRESS NEWSWIRE) -- TRK Connection (TRK), a leading provider of mortgage quality control and origination management solutions, announced today that it has hired David Pack as product manager. In this role, Pack will be responsible for the delivery and support of TRK's market-leading solutions, including the Insight Risk & Defect Management (RDM) mortgage quality control (QC) auditing platform.

Cloudvirga Inc. Announces Stephen DeSantis as its New Chief Financial Officer

IRVINE, Calif., Nov. 21, 2017 (SEND2PRESS NEWSWIRE) -- Cloudvirga(TM), developer of intelligent mortgage point-of-sale (POS) platforms, has appointed Steve DeSantis as its new chief financial officer. A seasoned technology finance executive, DeSantis will be responsible for driving Cloudvirga's financial strategies to accelerate its growth. He will report to Cloudvirga's recently appointed CEO Michael Schreck.

Five More Top-30 Lenders Choose Cloudvirga Digital Mortgage Platform

IRVINE, Calif., Nov. 15, 2017 (SEND2PRESS NEWSWIRE) -- Cloudvirga(TM), developer of intelligent mortgage point-of-sale (POS) platforms, has signed five of the nation's top 30 non-bank lenders in the last 100 days. The new customers collectively originate over $100 billion in loans annually.

‘The Property Man’ Bob Massi to Speak on HECM for Purchase Loan Program at 2018 ReverseVision UserCon

SAN DIEGO, Calif., Nov. 14, 2017 (SEND2PRESS NEWSWIRE) -- ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced that legal analyst and cable news mainstay Bob "The Property Man" Massi will address attendees of RV UserCon 2018 in a session focused on the HECM for Purchase loan program.

ReverseVision Announces STRATMOR Group’s Jim Cameron as UserCon 2018 Session Guest Speaker

SAN DIEGO, Calif., Nov. 13, 2017 (SEND2PRESS NEWSWIRE) -- ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced that STRATMOR Group Senior Partner Jim Cameron will be the Day 1 Special Session guest speaker for its third annual user conference. The ReverseVision UserCon 2018 will be held February 6-8, 2018, at the Kona Kai Resort and Spa on San Diego's Shelter Island.

Mid America Mortgage to Purchase Assets from American Southwest Mortgage Corp. and an affiliated firm, American Southwest Mortgage Funding Corp.

ADDISON, Texas, Nov. 13, 2017 (SEND2PRESS NEWSWIRE) -- Mid America Mortgage, Inc. (Mid America) announced it has signed a letter of intent to purchase the assets of Oklahoma City-based American Southwest Mortgage Corp. and an affiliated firm, American Southwest Mortgage Funding Corp. As part of the agreement, Mid America will incorporate American Southwest's operations into Mid America's mortgage platform and secure an interest in their respective pipelines and select assets. Further, Mid America will also offer employment to loan production staff members from each organization.

The Mortgage Collaborative Announces Addition of FirstBank Mortgage to Their Preferred Partner Network

SAN DIEGO, Calif., Nov. 9, 2017 (SEND2PRESS NEWSWIRE) -- The Mortgage Collaborative, the nation's only independent mortgage cooperative, announced a new partnership with reverse mortgage lender FirstBank Mortgage. The new relationship with FirstBank Mortgage's Senior Lending Division, adds the first lender specializing in reverse mortgage lending to The Mortgage Collaborative's preferred partner network.

Matic Insurance Services Raises $7M in Series A Round Backed by Top VC Firms

SHERMAN OAKS, Calif., Nov. 7, 2017 (SEND2PRESS NEWSWIRE) -- Matic Insurance Services (Matic), a digital insurance agency whose technology enables borrowers to purchase homeowner's insurance during the mortgage transaction, announced today it has raised $7 million in a Series A funding round. Investors participating in the round include Mr. Cooper, one of the nation's top 20 mortgage originators and the fourth-largest home loan servicer in the country.

ReverseVision Partners with Premier Reverse Closings (PRC) for HECM Solutions

SAN DIEGO, Calif., Nov. 6, 2017 (SEND2PRESS NEWSWIRE) -- ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, has forged a partnership with Premier Reverse Closings (PRC), a title and settlement firm specializing in reverse mortgage closings. A new integration between the companies' software allows users of ReverseVision's flagship RV Exchange (RVX) loan origination system (LOS) to order title services from PRC without ever leaving the RVX system.

SimpleNexus Adds AccountChek Asset, Employment and Income Verification from FormFree

ATHENS, Ga., Nov. 6, 2017 (SEND2PRESS NEWSWIRE) -- FormFree(R) today announced it has entered a partnership with SimpleNexus, a leader in bringing the home mortgage process to mobile devices. The integration of the two companies' technologies will make FormFree's AccountChek(R) automated verification service for asset, employment and income a seamless part of the loan application experience for borrowers applying for a loan using SimpleNexus' mobile technology.

Mortgage Bankers Association Honors Altavera Mortgage with Residential Leadership Award for Diversity and Inclusion

DENVER, Colo., Nov. 6, 2017 (SEND2PRESS NEWSWIRE) -- Altavera Mortgage Services (Altavera), a Computershare company and leading provider of outsourced residential mortgage origination services, today announced that the Mortgage Bankers Association (MBA) has honored Altavera with its Residential Leadership Award for Organizational Diversity and Inclusion.

Click n’ Close Launches Digital Mortgage Platform, Partners with NASCAR, Richard Petty Motorsports

DAYTONA BEACH, Fla., Nov. 3, 2017 (SEND2PRESS NEWSWIRE) -- Click n' Close(TM), a division of Mid America Mortgage, Inc., has entered into official partnership agreements with the sanctioning body, NASCAR, and one of the most iconic race teams in the sport, Richard Petty Motorsports. The collaborations designate Click n' Close as the "Official Mortgage Provider of NASCAR(R)" in addition to becoming a partner of Richard Petty Motorsports.

The Mortgage Collaborative (TMC) Notches 20-Percent Growth in Lender Membership since Q1

SAN DIEGO, Calif., Oct. 24, 2017 (SEND2PRESS NEWSWIRE) -- The Mortgage Collaborative, the nation's only independent mortgage cooperative, today announced that they have reached another milestone, adding 20 new lender members since their August summer conference in Nashville. This brings the Collaborative's membership total to 120 and an annual aggregate origination volume of $210 Billion.

FormFree Delivers Combined Asset and Employment Report for Fannie Mae Single Source Validation Pilot Program

ATHENS, Ga., Oct. 23, 2017 (SEND2PRESS NEWSWIRE) -- FormFree(R) today announced that it has entered into a pilot with Fannie Mae that could allow mortgage lenders to validate borrower income, asset and employment data through a single report as early as 2018.

Norcom Mortgage Names ReverseVision Its Provider of Choice for HECM Technology

SAN DIEGO, Calif., Oct. 19, 2017 (SEND2PRESS NEWSWIRE) -- ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced that Norwich Commercial Group, Inc. dba Norcom Mortgage (Norcom) has selected ReverseVision as its provider of choice for end-to-end HECM technology.

Mid America Mortgage Assists Borrowers and Lenders Affected By Recent U.S. Disasters

ADDISON, Texas, Oct. 19, 2017 (SEND2PRESS NEWSWIRE) -- Mid America Mortgage, Inc. (Mid America) announced measures it has taken to provide assistance to both lenders and borrowers that were impacted by recent federally declared disasters. In addition to $20,000 in donations from employees and the corporation toward relief efforts, Mid America will also purchase loans on properties located in areas impacted by the recent storms or fires. This includes both government and conventional loans underwritten to agency guidelines.

Gateway Mortgage Group Selects TRK Connection Insight RDM QC Audit Platform

SALT LAKE CITY, Utah, Oct. 20, 2017 (SEND2PRESS NEWSWIRE) -- TRK Connection (TRK), a leading provider of mortgage quality control and origination management solutions, announced today that Oklahoma-based Gateway Mortgage Group has chosen the Insight Risk & Defect Management (RDM) platform to conduct its internal quality control (QC) audits.

WHAT'S NEWS