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ACES Quality Management Enhances ACES Deposit Account Audit Pack for Banks and Credit Unions | National News

DENVER, Colo., July 31, 2024 (SEND2PRESS NEWSWIRE) -- ACES Quality Management® (ACES), the leading provider of enterprise quality management and control software for the financial services industry, announced the release of its Deposit Accounts Audit Pack. The pre-configured audit pack is designed to assist financial institutions with meeting the deposit account monitoring requirements from the Federal Deposit Insurance Corporation (FDIC) and other prudential regulators.

Mortgage industry veteran Brad Cardwell joins Down Payment Resource as vice president of sales and business development | National News

ATLANTA, Ga., July 31, 2024 (SEND2PRESS NEWSWIRE) -- Down Payment Resource (DPR), the housing industry's leading technology for connecting homebuyers with homebuyer assistance programs, today announced 20-year mortgage industry veteran Brad Cardwell has joined DPR as its vice president of sales and business development.
Informative Research

Informative Research’s Kelly Richards Receives 2024 MPA Elite Women Award

IRVINE, Calif. /California Newswire/ -- Informative Research, a leading technology platform that delivers data-driven solutions to the lending community, announced today that Kelly Richards, Head of Sales Support, has been named a winner of the MPA Elite Women 2024 by Mortgage Professional America (MPA). This award recognizes exceptional female leaders who have significantly contributed to the mortgage industry.
Informative Research

Informative Research Enhances Verification Platform through Expanded Integration with The Work Number from Equifax

GARDEN GROVE, Calif. /California Newswire/ -- 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.

Informative Research EVP Shannon Santos Wins Mortgage Stars Award

IRVINE, Calif. /California Newswire/ -- 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.

Federal funds fuel quarterly growth in U.S. down payment assistance programs, which now number 2,415 | National News

ATLANTA, Ga., July 23, 2024 (SEND2PRESS NEWSWIRE) -- 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.
Optimal Blue

Optimal Blue Launches New Generative AI Assistant Capabilities | National News

PLANO, Texas, July 23, 2024 (SEND2PRESS NEWSWIRE) -- 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.

Click n’ Close Chief Operations Officer Kara Lamphere Selected in Mortgage Women Magazine’s Annual Mortgage Star Award Program | National News

ADDISON, Texas, July 11, 2024 (SEND2PRESS NEWSWIRE) -- 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.
Brandon Hall of Informative Research

Informative Research Adds Process Transformation Expert, Brandon Hall as New EVP of Operations

GARDEN GROVE, Calif. /California Newswire/ -- 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.

Vice Capital Markets Launches Integration with Fannie Mae Mission Score API | National News

NOVI, Mich., July 9, 2024 (SEND2PRESS NEWSWIRE) -- 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.

Eighteen homebuyer assistance programs offering up to $117,000 are available to help people with disabilities and family caregivers purchase or modify...

ATLANTA, Ga., July 9, 2024 (SEND2PRESS NEWSWIRE) -- 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.

Down Payment Resource expands team to keep pace with a rising number of DPA programs and increasing demand | National News

ATLANTA, Ga., July 1, 2024 (SEND2PRESS NEWSWIRE) -- 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 for down payment assistance (DPA) programs.
Optimal Blue

Optimal Blue Launches Competitive Data License to Help Lenders Optimize Margins With Competitive Loan Pricing Data | National News

PLANO, Texas, June 25, 2024 (SEND2PRESS NEWSWIRE) -- 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.

Floify brings its industry-leading point-of-sale technology to The Mortgage Collaborative as a preferred partner | National News

BOULDER, Colo., June 20, 2024 (SEND2PRESS NEWSWIRE) -- 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.

Dovenmuehle’s Above Average Residential Mortgage Loan Primary Servicer Ranking Affirmed by S&P Global Rankings | National News

LAKE ZURICH, Ill., June 18, 2024 (SEND2PRESS NEWSWIRE) -- 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.

Optimal Blue Names Joe Tyrrell Chief Executive Officer | National News

PLANO, Texas, June 10, 2024 (SEND2PRESS NEWSWIRE) -- 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.

American Pacific Mortgage Picks Fee Chaser by LenderLogix to Collect Upfront Borrower Fees | National News

BUFFALO, N.Y., June 4, 2024 (SEND2PRESS NEWSWIRE) -- 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.

Optimal Blue Announces ‘Optimize Your Advantage’ to Showcase How Its Capital Markets Platform Puts Lenders in Control of Their Margins |...

PLANO, Texas, May 16, 2024 (SEND2PRESS NEWSWIRE) -- 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.

OneTrust Home Loans Selects LenderLogix’s Fee Chaser to Eliminate Manual Processes | National News

BUFFALO, N.Y., May 15, 2024 (SEND2PRESS NEWSWIRE) -- 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.

23-year industry veteran Jason Mapes joins Floify as head of sales | National News

BOULDER, Colo., May 13, 2024 (SEND2PRESS NEWSWIRE) -- 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.

Courtney Dodd, Floify’s head of marketing, named a PROGRESS in Lending Sales, Marketing and PR Trailblazer | National News

BOULDER, Colo., May 10, 2024 (SEND2PRESS NEWSWIRE) -- 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 a 2024 Sales, Marketing and PR Trailblazer award honoree by PROGRESS in Lending. Now in its fifth year, the award recognizes the top sales, marketing and public relations executives making the biggest impact on the mortgage industry today.

ACES Quality Management Partners with Infrrd to Provide AI-Powered Intelligent Mortgage Document Processing | National News

DENVER, Colo., May 8, 2024 (SEND2PRESS NEWSWIRE) -- 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 Infrrd to provide ACES users access to intelligent document processing. When used in conjunction with ACES Quality Management & Control software, Infrrd's technology helps lenders improve the efficiency of their quality control (QC) reviews by indexing, categorizing and reviewing the accuracy of loan file documents prior to review.

Down Payment Resource reports highest annual down payment assistance program count growth on record | National News

ATLANTA, Ga., April 24, 2024 (SEND2PRESS NEWSWIRE) -- Down Payment Resource (DPR), the housing industry authority on homebuyer assistance program data and solutions, today released its Q1 2024 Homeownership Program Index (HPI) report. In a quarter where year-over-year (YoY) home prices jumped 6%, the YoY national down payment assistance count increased by 204, the largest annual jump since DPR began reporting on this data in Q3 2020.
Mortgage Finance Expert Kurt Raymond CMB

Informative Research Adds Mortgage Finance Expert Kurt Raymond CMB as SVP

GARDEN GROVE, Calif. /California Newswire/ -- Informative Research, a leading technology platform that delivers data-driven solutions to the lending community, announced it has expanded its team to add mortgage industry veteran Kurt Raymond, CMB as Senior Vice President and Borrower Journey Engineer. The move reflects Informative Research's commitment to helping lenders streamline origination costs and enhance the borrower experience.

FormFree upgrades Passport Wallet with simpler UI, VantageScore integration and streamlined asset validation | National News

ATHENS, Ga., April 18, 2024 (SEND2PRESS NEWSWIRE) -- FormFree®, a leader in financial technology since 2007, today announced significant enhancements to Passport Wallet®, an innovative app that transforms how everyday people access loans. Available now in the Apple App Store and Google Play, the latest version of Passport Wallet is designed to make it easier than ever for consumers to understand their ability to pay and match with lenders.

Floify supports Truv’s verification of borrower income and employment service via new integration | National News

BOULDER, Colo., April 17, 2024 (SEND2PRESS NEWSWIRE) -- Floify, the mortgage industry's leading point-of-sale (POS) solution, today announced an integration with Truv, a consumer-permissioned data platform. The integration enables borrowers to electronically verify their income and employment as they apply for a mortgage loan.

Click n’ Close Expands DPA Mortgage Product Suite to Include Option for Shared Appreciation | National News

ADDISON, Texas, April 16, 2024 (SEND2PRESS NEWSWIRE) -- Click n' Close, a multi-state mortgage lender serving consumers and mortgage originators through its wholesale and correspondent channels, announced it has expanded its suite of down payment assistance (DPA) loan products to include a shared appreciation option to help address the affordability challenges facing homebuyers.

Mortgage Subservicer Dovenmuehle Hires Aaron Belovsky as Chief Data Officer | National News

LAKE ZURICH, Ill., April 16, 2024 (SEND2PRESS NEWSWIRE) -- Dovenmuehle Mortgage, Inc. (Dovenmuehle), a leading residential mortgage subservicer, announced today that it has hired Aaron Belovsky as Chief Data Officer (CDO). In this role, Belovsky will lead data governance, data engineering and machine learning strategies.

Floify prepopulates loan applications for borrowers using data on file in Total Expert | National News

BOULDER, Colo., April 9, 2024 (SEND2PRESS NEWSWIRE) -- Floify, the mortgage industry's leading point-of-sale (POS) solution, today announced an enhanced integration with customer engagement platform Total Expert. This collaboration enables loan originators to effortlessly send pre-populated loan applications to borrowers, leveraging the existing data within Total Expert. This feature is designed to streamline the loan origination process for lenders and enhance the application experience for borrowers by reducing redundant data entry.

Optimal Blue Announces Promotion of Rick Allen to Chief Operating Officer | National News

PLANO, Texas, April 9, 2024 (SEND2PRESS NEWSWIRE) -- Optimal Blue today announced that it has elevated Rick Allen to chief operating officer (COO). Most recently serving as Optimal Blue's chief administrative officer, Allen brings more than 35 years of experience in the housing industry to his senior leadership role. Throughout his tenure at Optimal Blue, Allen has played an integral role in the enhancement and delivery of products to add exceptional value to the company's clients.

Average Homebuyer Credit Score Hits the Highest Mark in Years | National News

PLANO, Texas, April 8, 2024 (SEND2PRESS NEWSWIRE) -- Today, Optimal Blue released its March 2024 Originations Market Monitor report, which reveals the average homebuyer credit score has reached 737 - an all-time high since the company began tracking this data in January 2018. Despite the potential buyer pool being somewhat limited to borrowers with higher credit, rate lock volume showed steady month-over-month growth of 17% in March as the spring buying season got underway.
Informative Research

Informative Research Announces Manual VOI Integration with Veri-Tax

GARDEN GROVE, Calif. /California Newswire/ -- Informative Research, a leading technology platform that delivers data-driven solutions to the lending community, announced the integration of Veri-Tax, the market leader in delivering the industry's fastest verifications, into its proprietary Verification Platform. The integration merges Informative Research's platform with Veri-Tax's verification services so lenders can access advanced validation tools that elevate the accuracy and reliability of borrower information.

Floify’s Sofia Rossato named as advisor to the Broker Action Coalition board of directors | National News

BOULDER, Colo., April 1, 2024 (SEND2PRESS NEWSWIRE) -- Floify, the mortgage industry's leading point-of-sale (POS) solution, today announced that President and General Manager Sofia Rossato has been named as a board advisor to the newly formed board of Broker Action Coalition (BAC), a nonprofit organization created in 2022 to advocate for legislative reform and educational advancement within the independent mortgage broker community.

Click n’ Close Announces One-Time Close Program to Address Home Buyer Challenges in Rural America | National News

ADDISON, Texas, March 14, 2024 (SEND2PRESS NEWSWIRE) -- Click n' Close, a multi-state mortgage lender serving consumers and mortgage originators through its wholesale and correspondent channels, announced its latest mortgage product, One-Time Close (OTC) loan programs for government-insured mortgage products. This product is designed to aid homebuyers in rural America with down payment assistance, with availability in select markets.

Spring Buying Season Kicks Off With an Uptick in Purchase Applications Despite Climbing Interest Rates | National News

PLANO, Texas, March 11, 2024 (SEND2PRESS NEWSWIRE) -- Today, Optimal Blue released its February 2024 Originations Market Monitor report, which reveals that the spring homebuying season has kicked off with a jump in monthly purchase mortgage locks. The seasonal spike in purchase locks propelled a net increase in origination activity, even as higher interest rates led to steep declines in mortgage refinances.

Floify introduces flexible pricing with the introduction of Lender Edition | National News

BOULDER, Colo., March 11, 2024 (SEND2PRESS NEWSWIRE) -- Floify, the mortgage industry's leading point-of-sale (POS), today announced the launch of Lender Edition, a newly badged version of the popular mortgage point-of-sale that introduces a flexible per-loan pricing option for mortgage lenders. Floify Lender Edition is the counterpart to Broker Edition, a one-stop lending platform configured for the needs of mortgage brokers that was introduced in December 2023.
The Mortgage Collaborative

Lending execs share top concerns, priorities in The Mortgage Collaborative’s 2024 Pulse of the Network survey findings | National News

AUSTIN, Texas, March 7, 2024 (SEND2PRESS NEWSWIRE) -- The Mortgage Collaborative (TMC), the nation's largest independent cooperative network serving the mortgage industry, announced the completion of its "Pulse of the Network" survey for 2024. The full report features lenders' top five critical issues for the year, top 10 goals and anticipated strategies for success.

Down Payment Resource’s Veronica Khandelwal named to National Mortgage Professional’s 2024 Women of Inspiration list | National News

ATLANTA, Ga., March 6, 2024 (SEND2PRESS NEWSWIRE) -- Down Payment Resource (DPR), the housing industry's leading technology for connecting home buyers with homebuyer assistance programs, today announced that Vice President, Housing Finance Authority (HFA) Relations, Veronica Khandelwal, has been named to the 2024 Women of Inspiration list by National Mortgage Professional, an American Business Media publication.

Floify’s Sofia Rossato honored with National Mortgage Professional’s 2024 Women of Inspiration award | National News

BOULDER, Colo., March 6, 2024 (SEND2PRESS NEWSWIRE) -- Floify, the mortgage industry's leading point-of-sale (POS) solution, today announced that President and General Manager Sofia Rossato has been recognized as a National Mortgage Professional (NMP) 2024 Woman of Inspiration. The award recognizes women who are trailblazers, visionaries and leaders in the mortgage industry.

LenderLogix Announces POS Integration with Informative Research’s AccountChek to Enhance the Mortgage Borrower Experience | National News

BUFFALO, N.Y., March 5, 2024 (SEND2PRESS NEWSWIRE) -- LenderLogix, a leading provider of mortgage point-of-sale and automation software for banks, credit unions, independent mortgage banks and brokers, announced the integration of AccountChek by Informative Research into its point-of-sale system LiteSpeed. This integration blends AccountChek's pioneering verification technology into LiteSpeed to seamlessly enhance the borrower experience and optimize the loan origination process to ensure a smooth experience for borrowers and users alike.

Click n’ Close Welcomes Polly Cracchiolo as Wholesale Loan Division Expands | National News

ADDISON, Texas, Feb. 26, 2024 (SEND2PRESS NEWSWIRE) -- Click n' Close, a multi-state mortgage lender serving consumers and mortgage originators through its wholesale and correspondent channels, today announced Polly Cracchiolo has joined the organization's third-party originator (TPO) sales team as an account executive. In this new role, Cracchiolo will be under Ken Weislak's leadership, the National TPO Business Development Manager at Click n' Close.
Optimal Blue

Optimal Blue Originations Market Monitor: Lock Volume Rises 36% Month Over Month in January, Falling Rates and Slowing Decline in Purchase...

PLANO, Texas, Feb. 12, 2024 (SEND2PRESS NEWSWIRE) -- Today, Optimal Blue announced the release of its Originations Market Monitor report, looking at mortgage origination data through January month-end. Leveraging daily rate lock data from the Optimal Blue PPE - the industry's most widely used product, pricing, and eligibility engine - the Originations Market Monitor provides a comprehensive and timely view into origination activity.

SOC 1 and 2 reports confirm the reliability and security of Dovenmuehle’s mortgage subservicing processes | National News

LAKE ZURICH, Ill., Feb. 6, 2024 (SEND2PRESS NEWSWIRE) -- Dovenmuehle Mortgage, Inc., a leading mortgage subservicing company, announced today that Plante Moran, PLLC, a public accounting and business advisory firm, has published the findings of its annual review of Dovenmuehle's subservicing operations via Service Organization Control (SOC) 1® Type 2 and SOC 2® Type 2 reports.

Down Payment Resource CEO Rob Chrane honored as 2024 RISMedia Newsmaker | National News

ATLANTA, Ga., Feb. 6, 2024 (SEND2PRESS NEWSWIRE) -- Down Payment Resource (DPR), the housing industry's leading technology for connecting home buyers with homebuyer assistance programs, today announced that its Founder and CEO Rob Chrane has been named a RISMedia 2024 Real Estate Newsmaker. Newsmakers are recognized for their contributions to the real estate industry and their efforts to positively impact the consumers and communities they serve.

Click n’ Close Welcomes Sean Drake as it Expands Wholesale Loan Division | National News

ADDISON, Texas, Jan. 25, 2024 (SEND2PRESS NEWSWIRE) -- Click n' Close, a multi-state mortgage lender serving consumers and mortgage originators through its wholesale and correspondent channels, today announced Sean Drake has joined the organization's third-party originator (TPO) sales team as an account executive.

Floify shares findings from survey of 150 top-producing loan originators | National News

BOULDER, Colo., Jan. 24, 2024 (SEND2PRESS NEWSWIRE) -- Floify, the mortgage industry's leading point-of-sale (POS) solution, commissioned an independent study of 150 high-performing loan originators (LOs) in 2023 to gain recruiting and retention insights. "High-performing" LOs were defined as being in the top 20% of closed loan dollars or volume.

Down Payment Resource’s Executive Vice President Sean Moss honored in National Mortgage Professional’s 2024 Industry Titans awards program | National News

ATLANTA, Ga., Jan. 3, 2024 (SEND2PRESS NEWSWIRE) -- Down Payment Resource (DPR), the housing industry's leading technology for connecting home buyers with homebuyer assistance programs, today announced its Executive Vice President of Product and Operations Sean Moss has been selected as an Industry Titan by National Mortgage Professional (NMP) magazine. The award recognizes experienced professionals who show exceptional dedication, compassion and integrity who are improving the mortgage industry for both industry professionals and the clients they serve.
The Mortgage Collaborative

The Mortgage Collaborative (TMC) closes out 2023 with record-breaking ’12 Days of TMC’ in time for holiday congratulations

SAN DIEGO, Calif. /California Newswire/ -- The Mortgage Collaborative (TMC), the nation's largest independent cooperative network serving the mortgage industry, has wrapped up its fourth annual 12 Days of TMC, a virtual conference running from November 30 to December 15, 2023. The online event, spread over three weeks, featured several keynote speakers.
NotaryCam

NotaryCam Approved to Provide Remote Online Notarization Services in 2024 for California Transactions

NEWPORT BEACH, Calif. /California Newswire/ -- NotaryCam®, a Stewart-owned company and leading remote online notarization (RON) provider for real estate and legal transactions, announced today it will support remote online notarial acts in California beginning in 2024 following the passage of CA Senate Bill 696, which was signed into law by California Governor Gavin Newsom on September 30, 2023. Stage 1 of the bill takes effect on January 1, 2024.

Legacy Mutual Selects LenderLogix’s QuickQual to Improve Transparency and Responsiveness During Mortgage Borrowers’ Home Search | National News

BUFFALO, N.Y., Dec. 18, 2023 (SEND2PRESS NEWSWIRE) -- LenderLogix, a leading provider of mortgage point-of-sale and automation software for banks, credit unions, independent mortgage banks and brokers, today announced that Legacy Mutual Mortgage has selected its pre-approval letter generation tool QuickQual to provide borrowers with a white-labeled, digitally-driven entry point into their homebuying experience.