Tag: finance News
Matrix Advises on the Sale of Atlantic States Lubricants Corp. to Moove | National News
RICHMOND, Va. /California Newswire - National News/ -- Matrix Capital Markets Group, Inc. announces the successful sale of certain assets of Atlantic States Lubricants Corp. ("ASL") to Moove, formerly known as PetroChoice. Atlantic States Lubricants, based in Farmingdale, New York, is an authorized distributor of Mobil-branded lubricants and related products.
Dovenmuehle Earns FHA Tier 1 Rating from HUD’s Tier Ranking System (TRS) II Scorecard | National News
LAKE ZURICH, Ill. /California Newswire - National News/ -- Dovenmuehle Mortgage, Inc., a leader in mortgage subservicing, announced today that it received a Tier 1 Rating from the U.S. Department of Housing and Urban Development (HUD). This rating was awarded for Dovenmuehle's Federal Housing Administration (FHA) servicing performance under HUD's Tier Ranking System II (TRS II).
Dark Matter Technologies’ Stephanie Durflinger and Bethany Williams-Woodward Win Prestigious Mortgage Industry Awards | National News
JACKSONVILLE, Fla. /California 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 Stephanie Durflinger, its chief product officer, has been named a HousingWire Tech Trendsetter, and Bethany Williams-Woodward, its data solutions product manager, has been named to National Mortgage Professional Magazine's 40 Under 40 list.
Matrix Advises Jolley Stores and S.B. Collins on its Sale to Stewart’s Shops | National News
RICHMOND, Va., and BALTIMORE, Md. /California Newswire - National News/ -- Matrix Capital Markets Group, Inc. announces that it has advised Jolley Associates, LLC and S.B. Collins, Inc. (collectively, "SBC") on the sale of its convenience retail, wholesale dealer, and residential heating oil (d/b/a as Clarence Brown) businesses to Stewart's Shops Corp.
Click n’ Close welcomes Jeff Raich to its National Sales bench | National News
ADDISON, Texas /California Newswire - National News/ -- Click n' Close (CNC), a multi-state mortgage lender serving consumers and mortgage originators through its wholesale and correspondent channels, today announced Jeff Raich has joined the organization as a national sales director in correspondent lending.
Financial Advisor Jonathan Mintle of Edward Jones Receives CERTIFIED FINANCIAL PLANNER™ Certification | National News
BUENA VISTA, Colo. /California Newswire - National News/ -- Financial Advisor Jonathan Mintle of the financial services firm Edward Jones in Buena Vista, Colorado has received the CERTIFIED FINANCIAL PLANNER™, or CFP®, certification, granted by the Certified Financial Planner Board of Standards (CFP Board).
Empowering Businesses and Notaries to Expand Their Reach with Cutting-Edge RON Technology | National News
DALLAS, Texas /California Newswire - National News/ -- ProNotary, a pioneering force in the remote online notarization (RON) industry, today announced its expansion into Montana, Iowa, and Missouri. This milestone marks a significant step in ProNotary's mission to provide seamless and secure notarization solutions across the United States, enabling notaries and businesses in these states to connect with clients anywhere in the world.
Vice Capital Markets signs 50th Investor Partner to ViceEx mortgage whole loan trading platform | National News
NOVI, Mich. /California Newswire - National News/ -- Vice Capital Markets, a leading mortgage hedge advisory firm for independent lenders, banks and credit unions, announced today the addition of its 50th investor to its all-inclusive whole loan trading platform Vice Execution Portal™ (ViceEx™). This addition enhances the platform's ability to deliver unmatched market access and execution flexibility for clients selling mandatory, including all agency executions.
Mortgage Lock Activity Fell in November as Interest Rates Hit Their Highest Levels Since July | National News
PLANO, Texas /California Newswire - National News/ -- Optimal Blue today released its November 2024 Market Advantage mortgage data report, highlighting a 25% decrease in month-over-month (MoM) lock volume as interest rates hit their highest levels since early July, creating headwinds for affordability.
Optimal Blue Announces Tony Hawk, Housing Industry Leaders to Headline Inaugural User Conference | National News
PLANO, Texas /California Newswire - National News/ -- Optimal Blue today announced the speaker lineup for its inaugural user conference, the Optimal Blue Summit 2025. Legendary skateboarder and entrepreneur Tony Hawk will headline the event. The conference will also feature sessions led by Mortgage Bankers Association (MBA) Chief Economist and Senior Vice President of Research and Business Development Michael Fratantoni, Ph.D., MBA Associate Vice President of Secondary and Capital Markets Sasha Hewlett, AMP, HousingWire Editor in Chief Sarah Wheeler, and representatives from Microsoft.
CFD Companies Announce $300M in new AUA and Increased Partnership with Kingdom Advisors | National News
KOKOMO, Ind. /California Newswire - National News/ -- CFD Companies, home to a fully independent Broker/Dealer and RIA, announced that they continued to enjoy growth in the second and third quarters of 2024. Multiple financial professionals moved their affiliations from competitors to the CFD Companies during the last two quarters, bringing over an additional $300 million in assets under advisement (AUA) to the CFD Companies.
SureShotFX Launches Limited-Time 60% Savings Black Friday Offer to Enhance Forex Journey: Designed for All Levels of Traders | National News
LONDON, U.K. /California Newswire - National News/ -- SureShotFX, a renown forex signals and tools provider , is excited to announce its exclusive Black Friday promotion. The highly anticipated Black Friday offers, which were originally slated for November 26 to November 30, 2024, have been unveiled early, giving traders a head start on incredible savings. Whether you're just starting out or a seasoned pro, this early access is the perfect opportunity to level up your trading game and take advantage of unbeatable deals.
Get up to 70% Off Black Friday Deals on Signal Copying Tools – Only at Telegram Signal Copier! | National News
LONDON, U.K. /California Newswire - National News/ -- Telegram Signal Copier, the best signal copier in the trading industry, prepares for one of the biggest shopping days of the year. So, it has announced its Black Friday offers, initially set to run from November 26 to November 30, are now live, giving traders an exclusive early chance to take advantage of substantial savings. These offers are designed for traders of all levels who are looking to enhance their trading performance.
Shore United Bank inks contract with Dark Matter Technologies for its mortgage business with the Empower LOS and AIVA AI virtual...
JACKSONVILLE, Fla. /California Newswire - National News/ -- Dark Matter Technologies (Dark Matter®), an innovative leader in mortgage technology backed by time-tested loan origination software and leadership, announced today that Shore United Bank (Shore United), a community bank founded in 1876, has selected the Empower® LOS and select AIVA® AI virtual assistants from Dark Matter to streamline its mortgage lending operations and offer additional support for integrations.
Mobility Market Intelligence Ranked Number 418 Fastest-Growing Company in North America on the 2024 Deloitte Technology Fast 500™ | National News
SALT LAKE CITY, Utah /California Newswire - National News/ -- Mobility Market Intelligence (MMI) today announced it ranked No. 418 on the Deloitte Technology Fast 500™, an annual ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America, now in its 30th year. MMI grew 260 % from 2020 through 2023.
ACES Q2 2024 Mortgage QC Trends Report Reveals Second Consecutive Increase in Critical Defect Rate | National News
DENVER, Colo. /California 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 second quarter (Q2) of 2024. The latest report analyzes post-closing quality control data derived from ACES Quality Management & Control® software. ACES has altered the timing of this report to better reflect Fannie Mae's accelerated timeline for post-closing quality control reviews.
Strategic Benefits Advisors recognized among Atlanta’s top employee benefits and compensation companies for sixth year | National News
ATLANTA, Ga. /California Newswire - National News/ -- Strategic Benefits Advisors, Inc. (SBA) has been honored by the Atlanta Business Chronicle as one of Atlanta's top employee benefits and compensation companies of 2024. This is the sixth consecutive year SBA has made the Chronicle's annual list, which highlights metro Atlanta's largest employers of benefits consultants. The accolade underscores SBA's steady growth and success in delivering expert consulting and benefits delivery services to public and private-sector employers across North America.
AFL Global Automates Energy Management and Anticipates $304K of Savings in First Year with EnergyCAP | National News
BOALSBURG, Pa. /California Newswire - National News/ -- AFL Global, a global leader in telecommunications and fiber optic solutions, has achieved a significant sustainability milestone by leveraging EnergyCAP, a leading energy and sustainability software platform. By implementing EnergyCAP, AFL Global has automated the management of nearly two-hundred utility accounts, which has enabled $304,000 in anticipated annual energy and utility cost savings and substantial environmental gains.
Mortgage Machine awarded SOC 2 Compliance Status – AICPA-guided examination shows LOS operates as promised | National News
ADDISON, Texas /California Newswire - National News/ -- Mortgage Machine™ (MMS), the loan origination system of record for digital mortgage pioneer Click n' Close (formerly known as Mid America Mortgage), has achieved SOC 2® compliance.
ACES Quality Management now supplies audit technology to six of the top 20 largest U.S. credit unions | National News
DENVER, Colo. /California Newswire/ -- ACES Quality Management® (ACES), the leading provider of enterprise quality management and control software for the financial services industry, announced the addition of 10 credit unions to its growing customer base. These organizations leverage ACES Quality Management & Control Software® to improve quality and mitigate risk across multiple internal areas, including mortgage lending, consumer lending, deposit accounts and more.
October Mortgage Lock Data Shows Resilience and Cracks in the Mortgage Market as Interest Rates Tick up 65 Basis Points |...
PLANO, Texas /California Newswire/ -- Optimal Blue today released its October 2024 Market Advantage mortgage data report, highlighting resilient purchase activity in the face of rising interest rates and affordability challenges. Despite a 65-basis-point (bps) increase in the Optimal Blue Mortgage Market Indices (OBMMI) 30-year conforming rate, purchase lock volume grew by 12% month over month (MoM), signaling strong demand among homebuyers.
Optimal Blue Promotes Industry Experts to New Executive Roles to Accelerate Innovation and Prioritize Partnerships | National News
PLANO, Texas /California Newswire/ -- Optimal Blue today announced two key executive promotions that will position the company to deliver innovation faster across the company's entire capital markets platform, and to further expand the company's network of partners. Erin Wester has been promoted to chief product officer and Mike Vough has been promoted to head of corporate strategy.
Down Payment Resource highlights 49 homebuyer assistance programs offering up to $117,000 in funds for Veterans and service members | National...
ATLANTA, Ga. /California Newswire/ -- Down Payment Resource (DPR), the housing industry's leading technology for connecting homebuyers with homebuyer assistance programs, is highlighting homebuyer assistance programs to support Veterans, service members and their surviving spouses in conjunction with Veterans Day and Military Family Appreciation Month, both observed in November. While service members are eligible for any of the 2,400-plus U.S. homebuyer assistance programs, DPR found there are 49 programs offering up to $117,000 in assistance specifically developed to help our military community members build, buy or make accessibility-related home renovations.
Dark Matter Technologies announces planned CEO transition effective April 2025 | National News
JACKSONVILLE, Fla. /California Newswire/ -- Dark Matter Technologies (Dark Matter), an innovative leader in mortgage technology, today announced that Sean Dugan, the company's chief revenue officer, will succeed Rich Gagliano as CEO effective April 2025. Gagliano, who launched Dark Matter in 2023 following over a decade of leadership at its predecessor, Black Knight Origination Technologies, will step into the role of executive chairman.
LenderLogix Co-Founder and Chief Technology Officer Scott Falbo named HousingWire Tech Trendsetter for Second Consecutive Year | National News
BUFFALO, N.Y. /California Newswire/ -- LenderLogix, a leading provider of mortgage point-of-sale and automation software for banks, credit unions, independent mortgage banks and brokers, today announced Co-founder and Chief Technology Officer Scott Falbo has been selected by HousingWire as a 2024 Tech Trendsetter Award winner. In its sixth year, HousingWire's Tech Trendsetters award recognizes the most impactful and innovative technology leaders serving the housing economy.
Sydney Barber, Floify’s head of product, named a HousingWire 2024 Tech Trendsetter | National News
BOULDER, Colo. /California Newswire/ -- Floify, the mortgage industry's leading point-of-sale (POS) solution, today announced that its Head of Product, Sydney Barber, has been named a 2024 Tech Trendsetter by HousingWire. The HW Tech Trendsetters awards program seeks to recognize the people who drive innovation in the mortgage and real estate industries.
National News: TSC Launches Special Halloween ‘Trick or Treat’ Campaign, Offering Traders a Month of Exclusive Deals and Spooky Surprises
LONDON, U.K. /California Newswire/ -- TSC (Telegram Signal Copier), a leading signal trade copier tool, has announced the launch of its Halloween 'Trick or Treat' campaign, running from October 22-31, 2024. Through this campaign, Telegram Signal Copier's initiative aims to foster a fun and interactive environment, encouraging both new and seasoned traders to take advantage of the unique opportunities available. The campaign features a variety of trading offers intended to provide traders with opportunities to access premium tools and resources.
National News: Lender demand for Argyle’s VOIE platform fuels record growth for its mortgage division
NEW YORK CITY, N.Y. /California Newswire/ -- Argyle, a service provider automating income and employment verifications for some of the largest mortgage lenders in the United States, has eclipsed its full-year 2023 growth through just the first nine months of 2024. The company has added 58 new independent mortgage bank, credit union and bank customers since the beginning of the year, bringing its total number of mortgage customers well north of 100, including 7 of the nation's top 15 retail lenders.
National News: Optimal Blue Announces Three Major Product Releases, Continuing Streak of Aggressive Product Innovation and No-Cost Feature Additions
PLANO, Texas /California Newswire/ -- Optimal Blue today announced three major product releases: the expansion of its AI assistant suite, the introduction of Scenario Optimizer, and the free availability of Investor Pricing Insight to investor clients. These product updates build on the company's commitment to rapidly delivering high-impact solutions that tackle real-world challenges while helping clients maximize profitability.
National News: FormFree announces enhancements to customer acquisition marketplace, FormFree Exchange
California Newswire: -- FormFree®, a leader in financial technology since 2007, today announced several enhancements to its customer acquisition marketplace, FormFree Exchange (FFX). Topping the list of enhancements is the auto-matching capability, connecting borrowers and lenders in seconds.
Matrix Advises Watershed Car Wash on the Successful Recapitalization of the Company | National News
RICHMOND, Va., and BALTIMORE, Md., Aug. 8, 2024 (SEND2PRESS NEWSWIRE) -- Matrix Capital Markets Group, Inc. ("Matrix"), a leading independent investment bank, announces that it served as lead advisor on the recapitalization of Watershed Car Wash's ("Watershed" or the "Company") portfolio comprised of 30 express tunnel car wash sites.
EnergyCAP Appoints Shawn Lankton as Chief Executive Officer | National News
BOALSBURG, Pa., Aug. 6, 2024 (SEND2PRESS NEWSWIRE) -- EnergyCAP, the leading provider of energy and sustainability enterprise resource planning (ERP) software, today announced the appointment of Shawn Lankton as Chief Executive Officer. This decision reflects the Board's continued and growing optimism across the spectrum of growth opportunities ahead for EnergyCAP.
ACES Quality Management EVP of Compliance Amanda Phillips Selected as a 2024 Insider by HousingWire Magazine | National News
DENVER, Colo., Aug. 5, 2024 (SEND2PRESS NEWSWIRE) -- ACES Quality Management® (ACES), the leading provider of enterprise quality management and control software for the financial services industry, has announced its Executive Vice President (EVP) of Compliance Amanda Phillips has been named a 2024 Insider in HousingWire Magazine's annual award program.
Informative Research’s Penny Gonzalez Named a 2024 HousingWire Insider
IRVINE, Calif. /California Newswire/ -- Informative Research, a leading technology platform that delivers data-driven solutions to the lending community, announced today that Penny Gonzalez, Vice President of Business Process, has been selected by HousingWire magazine for its annual Insiders awards program.
Dovenmuehle’s Patricia McCarthy named a 2024 Insider in HousingWire Magazine’s annual award program | National News
LAKE ZURICH, Ill., Aug. 1, 2024 (SEND2PRESS NEWSWIRE) -- Dovenmuehle Mortgage, Inc. (Dovenmuehle), a leading mortgage subservicing company, announced today that Vice President of the Escrow Department Patricia McCarthy was selected by HousingWire magazine for its annual Insiders awards program.
Dark Matter Technologies’ Product Evangelist Craig Rebmann honored with 2024 HW Insiders Award | National News
JACKSONVILLE, Fla., Aug. 1, 2024 (SEND2PRESS NEWSWIRE) -- Dark Matter Technologies (Dark Matter), an innovative leader in mortgage technology backed by time-tested loan origination software and leadership, today announced that Craig Rebmann, its product evangelist, has been named a 2024 HW Insider. Now in its ninth year, the HW Insiders program recognizes talented operations professionals laying the foundation of success for their organizations.
Argyle’s Rowdy Harris honored as HousingWire Insider | National News
NEW YORK CITY, N.Y., Aug. 1, 2024 (SEND2PRESS NEWSWIRE) -- Argyle, a platform providing automated income and employment verifications for some of the largest lenders in the United States, today announced its principal mortgage customer success manager Rowdy Harris has been honored as a 2024 HousingWire Insider. Now in its ninth year, the Insiders Award recognizes operational all-stars working behind the scenes in companies across the housing industry to drive innovation and underpin business growth.
LenderLogix Integrates Income, Employment Verification Services from Truv into LiteSpeed Mortgage Point-of-Sale | National News
BUFFALO, N.Y., Aug. 1, 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 its integration with automated employment and income technology provider Truv. Through the integration, lenders can now access Truv's consumer-permissioned data platform through LenderLogix's point-of-sale (POS) LiteSpeed to obtain direct-to-source income and employment verification for mortgage applicants.
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.
Alliance Group’s Oscar Lievano Joins the Georgia First Generation Foundation to Empower First-Generation Students | National News
LAWRENCEVILLE, Ga., July 25, 2024 (SEND2PRESS NEWSWIRE) -- Alliance Group proudly announces that its esteemed Spanish Marketing Expert, Oscar Lievano, has been appointed as the Marketing and Development Committee Chair on the Board of Directors of the Georgia First Generation Foundation. This appointment underscores Alliance Group and Oscar's commitment to community engagement and educational empowerment, especially for first-generation students.
MMI Taps Dan Jones as Chief Data Officer as It Expands Data Initiatives and Features | National News
SALT LAKE CITY, Utah, July 23, 2024 (SEND2PRESS NEWSWIRE) -- 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.
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 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.
LenderLogix Q2 2024 Homebuyer Intelligence Report Data Shows Home Buying Activity and Fees Collected by Fee Chaser Remain Steady Thus Far...
BUFFALO, N.Y., July 16, 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 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.
Matrix Advises Pump N’ Pantry, Inc. on its Sale to United Refining Company | National News
RICHMOND, Va. and BALTIMORE, Md., July 15, 2024 (SEND2PRESS NEWSWIRE) -- 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.
Alliance Group’s Carlos Vazquez Elected to The University of Georgia’s Latino Alumni Council | National News
ATLANTA, Ga., July 15, 2024 (SEND2PRESS NEWSWIRE) -- 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.
Asset Defense Team and Vast Solutions Group Announce a New Joint Venture for Asset Protection and Tax Strategy | National News
SEATTLE, Wash., July 15, 2024 (SEND2PRESS NEWSWIRE) -- 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.
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.
MMI’s VP of Strategic Partnerships Heidi Iverson Named a Mortgage Star in Mortgage Women Magazine’s Annual Award Program | National News
SALT LAKE CITY, Utah, July 11, 2024 (SEND2PRESS NEWSWIRE) -- 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.
