Tag: Mortgage
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."
ACES Risk Management says Critical Loan Defect Rates Increase for Third Consecutive Quarter
POMPANO BEACH, Fla., Jan. 30, 2018 (SEND2PRESS NEWSWIRE) -- ACES Risk Management (ARMCO), the leading provider of financial quality control and compliance software ACES Audit Technology(TM), announced the release of the ARMCO Mortgage QC Trends Report for the second quarter of 2017.
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.
DocMagic Reaches 300 Million Mortgage eSignings
TORRANCE, Calif., Jan. 24, 2018 (SEND2PRESS NEWSWIRE) -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that it has processed more than 300 million mortgage-related electronic signatures.
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.
MCT COO Phil Rasori to Speak at Independent Mortgage Bankers Conference Jan.24
SAN DIEGO, Calif., Jan. 16, 2018 (SEND2PRESS NEWSWIRE) -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that its COO, Phil Rasori, will be speaking on a panel session at the MBA's 2018 Independent Mortgage Bankers Conference on Wednesday, January 24, 2018 being held at the Ritz-Carlton in Fernandina Beach, Florida.
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.
Mortgage Capital Trading Grows Fintech Marketing Team with Addition of Ian Miller as CMO
SAN DIEGO, Calif., Jan. 10, 2018 (SEND2PRESS NEWSWIRE) -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that Ian Miller has joined the company as Chief Marketing Officer (CMO). In this newly created position, he is responsible for ensuring that MCT's marketing strategy effectively supports the company's business plan and helps drive growth.
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.
Global DMS Valuation Management Platform Integrates with Black Knight’s LoanSphere Exchange Technology
LANSDALE, Pa., Jan. 4, 2018 (SEND2PRESS NEWSWIRE) -- Global DMS, a leading provider of cloud-based valuation management software, announced that it has integrated with Black Knight's LoanSphere Exchange platform, an online, collaborative technology that connects more than 25,000 mortgage industry service and solution providers.
Supreme Lending Calif. Branch Partners with May We Give for Love
DALLAS, Texas, Jan. 2, 2018 (SEND2PRESS NEWSWIRE) -- Supreme Lending, a nationwide lender, has announced that its San Diego, California branch has partnered with May We Give for Love, a San Diego-based nonprofit organization that provides financial contributions and volunteer support to several local charitable causes.
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.
OpenClose Adds AFR’s Flood Services to its LenderAssist LOS
WEST PALM BEACH, Fla., Dec. 13, 2017 (SEND2PRESS NEWSWIRE) -- OpenClose(R), a multi-channel loan origination system (LOS) and mortgage software solutions provider, announced that it partnered with AFR Services (AFR) to enable customers to access the company's complete suite of flood services. Using the interface makes it quick and easy to order AFR's various flood services directly from within OpenClose's LenderAssist(tm) LOS.
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.
ACES Risk Management (ARMCO) Announces New Loan Data Validation Tools
POMPANO BEACH, Fla., Dec. 11, 2017 (SEND2PRESS NEWSWIRE) -- ACES Risk Management (ARMCO), the leading provider of financial quality control and compliance software ACES Audit Technology(TM), has announced the release of a new technology for mortgage lenders and servicers that improves data validation in the QC process.
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.
Maxwell Financial Labs Closes $3M Funding Round to Accelerate Pace of Mortgage Innovation
DENVER, Colo., Dec. 6, 2017 (SEND2PRESS NEWSWIRE) -- Maxwell Financial Labs, Inc., a leading provider of B2B digital mortgage cloud software, announced today a new funding round of $3 million, led by the investment arm of Anthemis Group, a company committed to cultivating change in financial services, with participation from Route66 Ventures and Assurant Inc., along with its existing investors.
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.
DocMagic Inc. Opens a High-Tech Print Fulfillment Supercenter to Support Mortgage Industry Growth
TORRANCE, Calif., Dec. 5, 2017 (SEND2PRESS NEWSWIRE) -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that it has opened a 12,000 square foot print fulfillment center minutes from its Torrance, California headquarters. DocMagic added the high tech "supercenter" to support lenders' growing need for secure, compliant paper documents as the mortgage industry transitions to a 100 percent digital mortgage process.
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.
DocMagic’s eSignSystems VP Jonathan Kearns Appointed to MISMO Residential Standards Governance Committee
TORRANCE, Calif., Nov. 28, 2017 (SEND2PRESS NEWSWIRE) -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that Jonathan Kearns has been appointed to the Mortgage Industry Standards Maintenance Organization (MISMO) Residential Standards Governance Committee.
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.
OpenClose Adds New Hires to its Mortgage Software Development Team
WEST PALM BEACH, Fla., Nov. 17, 2017 (SEND2PRESS NEWSWIRE) -- OpenClose(R), a multi-channel loan origination system (LOS) and mortgage software solutions provider, announced that it hired four senior developers to arm the company with additional resources to architect new products and enhance existing solutions.
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.
Mortgage Capital Trading Announces Free Webinar Nov. 16 Addressing Changes to FINRA’s Market to Market Rule
SAN DIEGO, Calif., Nov. 9, 2017 (SEND2PRESS NEWSWIRE) -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that it will be holding a complimentary educational webinar discussing many important changes to the Financial Industry Regulatory Authority (FINRA) Mark to Market Rule. The webinar, hosted by the Community Mortgage Lenders of America (CMLA), will guide lenders through all of the mandated rule changes in advance of the required implementation date of June 25, 2018.
Guaranteed Rate selects ARMCO ACES Audit Technology for its quality control processes
POMPANO BEACH, Fla., Nov. 8, 2017 (SEND2PRESS NEWSWIRE) -- ACES Risk Management (ARMCO), the leading provider of financial quality control and compliance software, has announced that Guaranteed Rate, one of the largest retail mortgage lenders in the nation, has selected the company's award-winning quality control and compliance software, ACES Audit Technology, for its quality control processes.
Mortgage Capital Trading Integrates MCTlive! Software with Fannie Mae Pricing Execution Whole Loan App
SAN DIEGO, Calif., Nov. 7, 2017 (SEND2PRESS NEWSWIRE) -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced the release of new online functionality that automates the process of product selection and delivery of loan commitments directly to Fannie Mae for MCT's lender clients. The new solution, which was developed as part of MCT's ongoing technology collaboration with Fannie Mae, is called Rapid Commit(TM) and resides within MCT's award-winning secondary marketing platform, MCTlive!(TM).
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.
Supreme Lending’s Trey Horton Supports Alabama Through Mortgage Loans and Charitable Contributions
BIRMINGHAM, Ala., Oct. 31, 2017 (SEND2PRESS NEWSWIRE) -- Trey Horton (NMLS # 208824), a loan officer with Supreme Lending's Birmingham, Alabama branch, is using his knowledge and experience with purchase mortgage loan products including renovation home loans, to help rebuild communities in Alabama. Horton, who is a board member with Grace Klein Community, a nonprofit organization that focuses on providing relief to the poor, the distressed and the underprivileged, has volunteered for the organization for over three years.
Mortgage Coach Platform to Integrate with Tavant’s AI-Powered Digital Lending
IRVINE, Calif., Oct. 25, 2017 (SEND2PRESS NEWSWIRE) -- Mortgage Coach, a software as service technology provider of the industry leading Total Cost Analysis, today announced an integration between the Mortgage Coach platform and Tavant FinXperience - Retail platform. This integration creates a seamless connection between the two technologies, enabling the direct, automatic transfer of data and information for mutual customers of FinXperience - Retail and Mortgage Coach.
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.
ARMCO Launches ACES Automated Document Manager – Uses Robotic Process Automation to Help Lenders Lower Gross Defects
POMPANO BEACH, Fla., Oct. 23, 2017 (SEND2PRESS NEWSWIRE) -- ACES Risk Management (ARMCO), the leading provider of financial quality control and compliance software, has announced that it has launched ACES Automated Document Manager (ADM), a new technology that uses robotic process automation to automate the core activities lenders undertake to reduce gross loan defects. ARMCO will be demonstrating ADM, which is available through ARMCO's ACES Audit Technology and as a stand-alone product, by appointment at MBA's Annual Convention and Expo 2017 in Denver, Colorado.