Tag: Finance

GARDEN GROVE, Calif. /Massachusetts Newswire - National News/ -- Informative Research, a leading technology platform delivering data-driven solutions to the lending community, today announced the expansion of its verification platform through the integration of additional Equifax solutions that leverage The Work Number®, the industry-leading commercial source of consolidated income and employment information.

SALT LAKE CITY, Utah /Massachusetts Newswire - National News/ -- Mobility Market Intelligence (MMI), a leader in data intelligence and market insight tools for the mortgage and real estate industries, announced today that Dan Jones, a seasoned data and artificial intelligence (AI) strategist, has joined the company as chief data officer.

PLANO, Texas /Massachusetts Newswire - National News/ -- Optimal Blue today announced the delivery of generative AI capabilities centered on helping lenders maximize profitability on every loan transaction. Through direct engagement with its thousands of clients, the company has begun delivering generative AI capabilities built for secondary-market-specific use cases and purposefully designed to solve the real-world challenges that mortgage lenders face.

ATLANTA, Ga. /Massachusetts Newswire - National News/ -- Down Payment Resource (DPR), the housing industry authority on homebuyer assistance program data and solutions, today released its Q2 2024 Homeownership Program Index (HPI) report. The Q2 report saw the national homebuyer assistance programs increase by 42 to 2,415 - the highest count on record. Much of this quarter's increase in program count was due to local agencies pulling more heavily from federal funding to support homebuyer assistance.

IRVINE, Calif. /Massachusetts Newswire - National News/ -- Informative Research, a leading technology platform that delivers data-driven solutions to the lending community, announced today that Shannon Santos, Executive Vice President of Data Solutions, has been selected for the Mortgage Stars Award by Mortgage Women Magazine. This award recognizes exceptional women leaders making significant contributions to the mortgage industry.

BUFFALO, N.Y. /Massachusetts Newswire - National News/ -- LenderLogix, a leading provider of mortgage point-of-sale and automation software for banks, credit unions, independent mortgage banks, and brokers, today announced the latest release of the Homebuyer Intelligence Report, a quarterly summary of insights into borrower behavior during the home buying process based on data collected by the LenderLogix suite of tools. The latest report covers data collected during the pre-approval and borrower application process during the second quarter (Q2) of 2024.

RICHMOND, Va. /Massachusetts Newswire - National News/ -- Matrix Capital Markets Group, Inc., a leading, independent investment bank, has advised Pump N' Pantry, Inc. and its affiliates (collectively, "Pump N' Pantry" or the "Company") on the sale of its convenience retail assets to United Refining Company. Headquartered in Montrose, Pennsylvania, Pump N' Pantry is a leading, regional convenience retailer, operating 14 convenience stores throughout central Pennsylvania.

ATLANTA, Ga. /Massachusetts Newswire - National News/ -- Alliance Group is proud to announce that Carlos Vazquez, its esteemed Marketing Coordinator, has been elected to the University of Georgia's Latino Alumni Council. Carlos will serve a two-year term, spanning July 2024 to July 2026. The University of Georgia Alumni Association extended their heartfelt congratulations to Carlos.

SEATTLE, Wash. /Massachusetts Newswire - National News/ -- Asset Defense Team and Vast Solutions Group (VastSolutionsGroup.com) are pleased to announce their joint venture, VastAssetDefense.com. This partnership brings together two leading companies in the asset protection and tax strategy industry, combining their expertise and resources to provide top-quality services to clients around the globe. The alliance is introducing an advanced AI platform called "Einstein" and is currently in Beta 4.0 and is also introducing a community called Vast Vault.

PLANO, Texas /Massachusetts Newswire - National News/ -- Optimal Blue today released its June 2024 Market Advantage mortgage data report, which revealed a stagnant late-spring housing market as home prices dropped for the first time in 2024 and purchase lock counts fell 8% over the previous year. All mortgage lock figures in this news release have been controlled for fewer market days in June.

SALT LAKE CITY, Utah /Massachusetts Newswire - National News/ -- Mobility Market Intelligence (MMI), a leader in data intelligence and market insight tools for the mortgage and real estate industries, today announced Heidi Iverson, vice president of strategic partnerships, has been named a Mortgage Star by Mortgage Women Magazine.

ADDISON, Texas /Massachusetts Newswire - National News/ -- Click n' Close, a multi-state mortgage lender serving consumers and mortgage originators through its wholesale and correspondent channels, today announced Kara Lamphere has been named a Mortgage Star in Mortgage Women Magazine's annual awards program.

GARDEN GROVE, Calif. /Massachusetts Newswire - National News/ -- Informative Research, a leading technology platform that delivers data-driven solutions to the lending community, has named Brandon Hall as its new executive vice president (EVP) of operations. Hall brings over 20 years of experience driving operational excellence within the financial services sector and is known for implementing innovative process improvements, fostering cross-functional collaboration and leading through change.

NOVI, Mich. /Massachusetts Newswire - National News/ -- Vice Capital Markets, a leading mortgage hedge advisory firm for independent lenders, banks and credit unions, announced today it has integrated the Fannie Mae® Mission Score application programming interface (API) into its trading portal, allowing current clients to take advantage of pricing and best execution decisions to improve gain-on-sale.

ATLANTA, Ga. /Massachusetts Newswire - National News/ -- In celebration of Disability Pride Month in July, Down Payment Resource (DPR) is highlighting 18 U.S. homebuyer assistance programs that are specifically designed to support people with disabilities and their family caregivers on their journey toward homeownership. While people with disabilities may be eligible for any of the 2,300-plus U.S. homebuyer assistance programs in DPR's database, 18 are specifically developed to promote accessibility and inclusivity for aspiring homeowners with disabilities.

LAKE ZURICH, Ill. /Massachusetts Newswire - National News/ -- Dovenmuehle Mortgage, Inc. (Dovenmuehle), a leading mortgage subservicing company, announced today that Vice President Bernadette McDonnell has been selected by Mortgage Women Magazine for its 2024 Mortgage Star Award. McDonnell was chosen for her significant contributions to the industry and dedication to Dovenmuehle over the past four decades.

DALLAS, Texas /Massachusetts Newswire - National News/ -- ProNotary™, an intuitive and user-friendly digital signing solution, has announced a new partner program. Designed to enable businesses to notarize documents online, ProNotary is excited to collaborate with new partners and generate new income streams for everyone involved.

ATLANTA, Ga. /Massachusetts Newswire - National News/ -- Down Payment Resource (DPR), the housing industry's leading technology for connecting homebuyers with homebuyer assistance programs, today announced the addition of three new team members to support growing demand

BOULDER, Colo. /Massachusetts Newswire - National News/ -- Floify, the mortgage industry's leading point-of-sale (POS) solution, today announced that Sofia Rossato, its president and general manager, has received two new honors, being named to HousingWire's Women of Influence and Inman's Best in Finance list. The Inman award is the second in a row for Rossato.

WASHINGTON, D.C. /Massachusetts Newswire - National News/ -- The Mortgage Collaborative (TMC) hosted its second Advocacy Committee trip to Washington, DC June 4-6, 2024, with 13 of its IMB and depository Lender Members meeting with key federal agencies, including the Consumer Financial Protection Bureau (CFPB), the U.S. Department of Housing and Urban Development (HUD), Ginnie Mae, Federal Housing Finance Agency (FHFA), Fannie Mae, and Freddie Mac to discuss the impact of recent and upcoming policy changes on small to mid-size lenders.

SAN DIEGO, Calif. /Massachusetts Newswire - National News/ -- Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, announced the launch of new integrations with Fannie Mae's Mission Score application programming interface (API) and Mission Score 2 and 3 product grids that provide better transparency and pricing for mortgages aligned with Fannie Mae's mission objectives.

STATE COLLEGE, Pa. /Massachusetts Newswire - National News/ -- EnergyCAP has been named a Market Leader in the Energy Management Software category for the Summer 2024 Customer Success Report published by FeaturedCustomers. FeaturedCustomers is the leading customer success content marketing platform for B2B business software & services helping potential B2B buyers make informed purchasing decisions through vendor validated customer success content.

PLANO, Texas /Massachusetts Newswire - National News/ -- Optimal Blue announced the release of Competitive Data License, a collection of key national mortgage pricing data that enables lenders to price products competitively, operate more profitably, and react swiftly to changing market conditions. Competitive Data License draws upon direct-source loan data from the Optimal Blue PPE, which is used to price and lock over 35% of loans in the United States.

MIAMI, Fla. /Massachusetts Newswire - National News/ -- Helen Braswell Kakouris, CPA, an award-winning financial expert and entrepreneur, proudly announces the upcoming release of her new children's book, "A Dollar Is Magic" (ISBN: 979-8218428693), scheduled for publication in September 2024. In "A Dollar Is Magic," Braswell Kakouris merges her professional knowledge and personal experiences as a mother of three to simplify complex financial concepts for young readers.

DENVER, Colo. /Massachusetts Newswire - National News/ -- ACES Quality Management® (ACES), the leading provider of enterprise quality management and control software for the financial services industry, announced the release of its quarterly ACES Mortgage QC Industry Trends Report covering the fourth quarter (Q4) and calendar year (CY) of 2023. The latest report analyzes post-closing quality control data derived from ACES Quality Management & Control® software.

BOULDER, Colo. /Massachusetts Newswire - National News/ -- Floify, the mortgage industry's leading point-of-sale (POS) solution, today announced that it has joined The Mortgage Collaborative (TMC), the nation's largest independent cooperative network serving the mortgage industry. As a member of TMC's Preferred Partner Network, Floify will provide its intuitive lending platform for mortgage lenders at a discounted rate to TMC members.

JACKSONVILLE, Fla. /Massachusetts Newswire - National News/ -- Dark Matter Technologies (Dark Matter), an innovative leader in mortgage technology backed by time-tested loan origination software and leadership, today announced that Inman has recognized its CEO Richard Gagliano with the 2024 Best of Finance award. Now in its second year, the award celebrates 150 innovative professionals demonstrating exceptional leadership and impact in the real estate, mortgage and finance sectors. Honorees are hand-selected by Inman's editorial team.

LAKE ZURICH, Ill. /Massachusetts Newswire - National News/ -- Dovenmuehle Mortgage, Inc. (Dovenmuehle), a leading mortgage subservicing company, announced today that Standard & Poor's Global Ratings (S&P) has affirmed its Above Average ranking of Dovenmuehle as a residential mortgage loan primary servicer with a stable outlook. For 13 consecutive years, Dovenmuehle has consistently received an Above Average ranking from S&P.

MOUNTAIN VIEW, Calif. /Massachusetts Newswire - National News/ -- Secured Signing, a leading provider of secure Digital Signatures and Remote Online Notarization platform, today announced a significant growth, fueled by a visionary leadership change and strategic team expansion.

NEW YORK CITY, N.Y. /Massachusetts Newswire - National News/ -- Shmulik Fishman, CEO of Argyle, a platform providing real-time income and employment verifications for some of the largest lenders in the United States, has been named to Inman's 2024 Best in Finance list. Now in its second year, the award honors professionals hand-selected by Inman's editorial team for their role in shaping the mortgage and financial services industries through leadership and commitment to innovation.

NEW YORK, N.Y. /Massachusetts Newswire - National News/ -- Klingenstein Fields Advisors (KF Advisors) is pleased to welcome Andrew Vrachimis as a Managing Director. Andrew will join the Wealth Planning team, helping individuals and multi-generational families grow and protect their wealth and accomplish their estate planning and charitable goals. With a practical approach to personalized wealth planning, Andrew will guide clients through the many critical decisions surrounding their complex balance sheets, cash flow needs, legacy and philanthropic goals, and other planning considerations.

CENTREVILLE, Va. /Massachusetts Newswire - National News/ -- Avenu Insights & Analytics, a leading provider of revenue recovery and software solutions for state and local governments, proudly announces the launch of Avenu | STR, an innovative SaaS solution designed to streamline short-term rental (STR) compliance and enhance local government revenue management.

SAN DIEGO, Calif. /Massachusetts Newswire - National News/ -- Mortgage Capital Trading (MCT®), the de facto leader in innovative mortgage capital markets technology, and Lender Price, the first cloud-native provider of mortgage pricing technology, have partnered to provide mortgage lenders using the Lender Price product and pricing engine (PPE) with loan-level MCT MSR values. MCT's industry-leading mortgage servicing rights (MSR) grids allow Lender Price PPE clients to be more granular, profitable, and efficient when generating their front-end borrower pricing and managing their MSR portfolio.

PLANO, Texas /Massachusetts Newswire - National News/ -- Optimal Blue today released its May 2024 Market Advantage mortgage data report, which revealed a 25.6% month-over-month (MoM) spike in rate-and-term mortgage refinances. The spike was a response to a modest drop in the Optimal Blue Mortgage Market Indices (OBMMI) 30-year conforming rate, which ended the month at 7.02%.

RICHMOND, Va. /Massachusetts Newswire - National News/ -- Matrix Capital Markets Group, Inc., a leading, independent investment bank, has advised Land O'Sun Management Corporation d/b/a Fast Track on the sale of its petroleum marketing, convenience retail and quick-service restaurant businesses to Anabi Real Estate Development, LLC and its affiliates d/b/a Anabi/Rebel. Headquartered in Gainesville, Florida, Fast Track is a leading petroleum marketing, convenience retail and QSR company, operating 17 convenience stores, 10 co-located QSRs, and two stand-alone QSRs in Northern Florida.

PLANO, Texas /Massachusetts Newswire - National News/ -- Optimal Blue today announced the appointment of Joe Tyrrell as CEO. Tyrrell succeeds interim CEO Scott Smith of Optimal Blue's parent company, Constellation Software Inc. Tyrrell brings over 25 years of experience in the mortgage, finance, and technology industries to Optimal Blue.

SAN DIEGO, Calif. /Massachusetts Newswire - National News/ -- Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, announced today an increase of 6.78% in mortgage lock volume compared to the previous month. To gain comprehensive insights into the market dynamics, industry professionals and enthusiasts are invited to download the complete report.

STATE COLLEGE, Pa. /Massachusetts Newswire - National News/ -- Garden Studios, an innovative film studio based in London, has transformed its utility management and billing processes by implementing EnergyCAP's leading energy management platform. This move aligns with Garden Studio's commitment to sustainability as a certified B Corporation, dedicated to responsible business practices.

SAN DIEGO, Calif. /Massachusetts Newswire - National News/ -- CapitalW Collective (CapitalW), the glass shattering non-profit benefiting women and their allies in mortgage capital markets, today announced its successful debut within the mortgage industry. Officially launched on May 1, 2024, CapitalW made its first appearance at the Mortgage Bankers Association Secondary and Capital Markets Conference in New York May 19-21.

DALLAS, Texas /Massachusetts Newswire - National News/ -- ProNotary, a pioneering force in the remote online notarization industry, is proud to announce its continued commitment to transforming the landscape of notary services through cutting-edge remote online notarization (RON) solutions. Founded in 2018, ProNotary has been at the forefront of innovation, providing businesses with a comprehensive suite of notarization software designed to meet the evolving needs of the digital age.

BUFFALO, N.Y. /Massachusetts Newswire - National News/ -- LenderLogix, a leading provider of mortgage point-of-sale and automation software for banks, credit unions, independent mortgage banks, and brokers, recently announced the addition of American Pacific Mortgage to its roster of clients utilizing Fee Chaser. Employing Fee Chaser enables American Pacific Mortgage to efficiently and compliantly collect initial mortgage-related fees from borrowers.

DES MOINES, Iowa /Massachusetts Newswire - National News/ -- iEmergent, a forecasting and advisory services firm for the financial services, mortgage and real estate industries, today announced the availability of its 2024-2026 U.S. Mortgage Origination Forecast. Updated to reflect preliminary 2023 Home Mortgage Disclosure Act (HMDA) data released by the Federal Financial Institutions Examination Council in March, iEmergent's latest projections call for modest growth in purchase originations and a gradual increase in refinance loan units and dollars as a percentage of total originations.

LAKE ZURICH, Ill. /Massachusetts Newswire - National News/ -- Dovenmuehle Mortgage, Inc. (Dovenmuehle), a leading residential mortgage subservicer, announced two promotions within its business development team - Anna Krogh to Senior Vice President and Director of Business Development and Chris Torres to Vice President of Business Development and Manager of the Western Region.

ADDISON, Texas /Massachusetts Newswire - National News/ -- Click n' Close, a multi-state mortgage lender, today announced that it will be honored with a top lender award at the United States Department of Agriculture's Single Family Housing Guaranteed Loan Program ceremony. This recognition underscores Click n' Close's commitment to fostering homeownership and supporting community development through innovative loan programs.

JACKSONVILLE, Fla. /Massachusetts Newswire - National News/ -- Dark Matter Technologies (Dark Matter), an innovative leader in mortgage technology backed by time-tested loan origination software and leadership, today announced that its vice president of marketing, Wes Horbatuck, has been honored by HousingWire as one of its 2024 Marketing Leaders.

BOULDER, Colo. /Massachusetts Newswire - National News/ -- Floify, the mortgage industry's leading point-of-sale (POS) solution, today announced that its Head of Marketing, industry veteran Courtney Dodd, has been named to HousingWire's 2024 Marketing Leaders list. The award celebrates the industry's most creative and influential marketing minds who have demonstrated a track record of transforming brands, leading teams and driving business results.

DENVER, Colo. /Massachusetts Newswire - National News/ -- ACES Quality Management® (ACES), the leading provider of enterprise quality management and control software for the financial services industry, has announced a new partnership with Digilytics to provide ACES users access to Revel, an advanced optical character recognition (OCR) technology powered by artificial intelligence (AI) and machine learning (ML).

ATLANTA, Ga. /Massachusetts Newswire - National News/ -- Depth, a leading provider of consultative B2B marketing, public relations and reputation management services for technology companies within the residential mortgage finance, financial technology (fintech) and regulatory technology (regtech) industries, announced the promotion of Johnna Szegda to vice president.

NEW YORK, N.Y. /Massachusetts Newswire - National News/ -- As the 2024 hurricane season kicks off, forecasts indicate this will be an above-normal season with potentially record-breaking activity. TravelInsurance.com underscores the importance of safeguarding travel investments against unforeseen disruptions. With predictions from Colorado State University's tropical meteorology project team forecasting 23 storms, 11 which could intensify into hurricanes, including five reaching Category 3 status or higher, travelers face heightened risks during this summer.

MOUNTAIN VIEW, Calif. /Massachusetts Newswire - National News/ -- Secured Signing, a leader in remote online notarization (RON) solutions, announces a suite of innovative features designed to streamline the online document signing and notarization process. These enhancements empower both notaries and singers to experience a smoother, more secure, and efficient experience.

JACKSONVILLE, Fla. /Massachusetts Newswire - National News/ -- Dark Matter Technologies (Dark Matter), an innovative leader in mortgage technology backed by time-tested loan origination software and leadership, today announced enhancements to the Loan Assumptions feature in the Empower® loan origination system (LOS) that make it easier for mortgage lenders and servicers to transfer assumable mortgages to new homebuyers. The Empower LOS is the first mortgage loan origination system to announce native support for loan assumptions.

SHEPHERDSTOWN, W.Va. /Massachusetts Newswire - National News/ -- Marty and Jessica Herbert, Herbert Insights & Innovations LLC (HI&I), Shepherdstown, West Virginia, were recently named to the National Small Business Association (NSBA) Leadership Council. NSBA is the nation's oldest small-business advocacy organization, and operates on a staunchly nonpartisan basis. Marty and Jessica, recognized leaders in the small-business community, join the NSBA Leadership Council alongside other small-business advocates from across the country as they work to promote the interests of small business to policymakers in Washington, D.C.

JACKSONVILLE, Fla. /Massachusetts Newswire - National News/ -- Dark Matter Technologies (Dark Matter), an innovative new leader in mortgage technology backed by time-tested loan origination software and leadership, today welcomed Truity Credit Union (Truity) as the latest financial institution to select the Empower® loan origination system. A member-owned credit union with locations in Oklahoma, Kansas and Texas, Truity will leverage the Empower LOS to provide loan officers and members a modern, mobile-friendly experience.

LOS ANGELES, Calif. /Massachusetts Newswire - National News/ -- United Filters International (UFI), a recognized leader in the design and manufacture of an expansive range of liquid filtration solutions, was recently sold to ENPRESS LLC, a leading manufacturer of composite pressure vessels and water filtration technologies. KROST was the exclusive financial advisor, and the terms of the transaction were not disclosed.

DENVER, Colo. /Massachusetts Newswire - National News/ -- ACES Quality Management® (ACES), the leading provider of enterprise quality management and control software for the financial services industry, announced it has been awarded a Top Workplaces 2024 honor by Denver Post Top Workplaces. The Top Workplaces list is based solely on employee feedback gathered through a third-party survey.

PLANO, Texas /Massachusetts Newswire - National News/ -- Optimal Blue announced the launch of its Optimize Your Advantage campaign in advance of the MBA Secondary and Capital Markets Conference. This comprehensive brand initiative highlights the value and innovation the company delivers to clients. Through Optimal Blue's position as the housing industry's only end-to-end capital markets platform, lenders and other market participants have greater control of their profit margins, giving them distinct advantages, regardless of market conditions.

RICHMOND, Va. /Massachusetts Newswire - National News/ -- Matrix Capital Markets Group, Inc. ("Matrix"), a leading, independent investment bank, announces that it served as lead advisor on G&M Oil Company's ("G&M" or the "Company") syndicated debt financing. Founded in 1988, Matrix Capital Markets Group, Inc. is an independent, advisory focused, privately-held investment bank.

BUFFALO, N.Y. /Massachusetts Newswire - National News/ -- LenderLogix, a leading provider of mortgage point-of-sale and automation software for banks, credit unions, independent mortgage banks, and brokers, today announced OneTrust Home Loans as its newest Fee Chaser client. Using Fee Chaser, OneTrust Home Loans can streamline its operations and compliantly collect upfront fees from its borrowers.

SAN FRANCISCO, Calif. /Massachusetts Newswire - National News/ -- Financial Women of San Francisco (FWSF), an organization dedicated for more than 60 years to advancing the careers of women, names ten students from Bay Area colleges and universities as its 2024 scholarship recipients. FWSF has awarded over $3 million in scholarships over the past 35 years to more than 325 Bay Area women.

JACKSONVILLE, Fla. /Massachusetts Newswire - National News/ -- Dark Matter Technologies (Dark Matter) today announced the appointment of Vikas Rao as deputy chief product officer. Reporting directly to Chief Product Officer Stephanie Durflinger, Rao is charged with overseeing enhancements to the Empower® loan origination system (LOS) and establishing Dark Matter's developer community, which will help lenders embed automation deeper in their origination workflows and more tightly integrate their systems using open application programming interfaces (APIs) and widgets.

BOULDER, Colo. /Massachusetts Newswire - National News/ -- Floify, the mortgage industry's leading point-of-sale (POS) solution, today announced the appointment of Jason Mapes as head of sales. Mapes, who previously served as director of sales for nCino's Mortgage Suite, brings a wealth of experience to spearhead Floify's national sales initiatives.

ATLANTA, Ga. /Massachusetts Newswire - National News/ -- Down Payment Resource (DPR), the housing industry's leading technology for connecting homebuyers with homebuyer assistance programs, today announced a new integration using the latest API framework from Intercontinental Exchange (ICE) for mortgage technology. Available via the Encompass Partner Connect™ API Platform, the integration makes it easier for lenders to support homebuyers with the nation's 2,300-plus down payment assistance (DPA) programs.

PLANO, Texas /Massachusetts Newswire - National News/ -- Optimal Blue today released its April 2024 Originations Market Monitor report, which reveals the first year-over-year increase in purchase mortgage lock counts since the Federal Reserve initiated rate hikes in March 2022.

DENVER, Colo. /Massachusetts Newswire - National News/ -- ACES Quality Management® (ACES), the leading provider of enterprise quality management and control software for the financial services industry, has been named one of the 2024 Best Places to Work in Financial Technology. The awards program was created in 2017 and is an Arizent and Best Companies Group project.

SAN DIEGO, Calif. /Massachusetts Newswire - National News/ -- Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, today announced the release of the Base Rate Generator, an industry-changing solution that allows mortgage lenders to directly inform their front-end rate sheet pricing with their back-end capital markets executions. By combining live agency API connections, co-issue executions, aggregator pricing, and custom TBA indications, the MCT Base Rate Generator allows mortgage lenders to improve margin management and competitive performance.