Tag: fintech News
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.
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.
Secured Signing books 30% month-over-month growth in demand for its Remote Online Notarizations Platform
MOUNTAIN VIEW, Calif. /CALIFORNIA NEWSWIRE/ -- Secured Signing, a leading provider of digital signing and Remote Online Notarization (RON) solutions, is excited to unveil a series of powerful enhancements to its platform. These updates solidify its leadership in the digital notarization industry by optimizing workflow efficiency, increasing transparency, and enhancing user control.
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.
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.
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.
Fintech Innovator, MCT, Empowers Mortgage Hedging Performance with Customized Spec Durations
SAN DIEGO, Calif. /CALIFORNIA NEWSWIRE/-- Mortgage Capital Trading, Inc. (MCT), the de facto leader in innovative mortgage capital markets technology, announced today an improvement to functionality through customizable duration analysis for specified loan products. Mortgage lenders using the comprehensive capital markets platform MCTlive! now have the ability to increase, review, and refine the granularity of their spec durations, leading to more precise hedging and reduced basis risk.
Informative Research Brings its Mortgage Verification Platform to the Dark Matter Exchange Network
GARDEN GROVE, Calif. /CALIFORNIA NEWSWIRE/ -- Informative Research, a premier technology provider delivering data-driven credit and verification solutions to the lending community, today announced it has made its Verification Platform solution available in the Dark Matter Technologies (Dark Matter) Exchange℠ service network to streamline verification of income (VOI) and verification of employment (VOE) for more lenders.
MCT Expands MSR Valuation Options with AD&Co Prepayment Model: Precision and Confidence for MSR Managers
SAN DIEGO, Calif. /CALIFORNIA NEWSWIRE/ -- Mortgage Capital Trading, Inc. (MCT), the de facto leader in innovative mortgage capital markets technology, today announced the integration of the LoanDynamics Model (LDM) from Andrew Davidson & Co. (AD&Co) into their mortgage servicing rights (MSR) valuation software. LDM is a well-respected prepayment model for residential mortgages that will complement MCT's proprietary prepayment model in MSRlive!
Secured Signing Notary Community enables notaries to connect with clients online, receive jobs, and chat directly
MOUNTAIN VIEW, Calif. /California Newswire/ -- Secured Signing, a frontrunner in the realm of digital signature and remote online notarization solutions, is thrilled to unveil a series of substantial upgrades to its Notary Community platform. These enhancements are meticulously crafted to empower notaries to broaden their client base, attract many business opportunities, and optimize their workflow efficiency.
Patented Fintech Allows Mortgage Buyers to Transact with Any Seller on MCT Marketplace
SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, today announced that the company has been awarded a patent for the security spread commitment used in the industry's largest mortgage asset exchange: MCT Marketplace. The security spread commitment transforms loan auctions, turning shadow bids into executable prices.
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.
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.
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.
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.
MCT Integrates with Fannie Mae’s Mission Score API and New Product Grids to Empower Originators to Take Advantage of Market Incentives
SAN DIEGO, Calif. /California Newswire/ -- 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.
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.
Remote Online Notarization Innovator, Secured Signing, Scales Up with Strategic Leadership & Global Expansion
MOUNTAIN VIEW, Calif. /California Newswire/ -- 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.
MCT and Lender Price announce partnership to Improve Mortgage Pricing with Loan-Level MSR Values
SAN DIEGO, Calif. /California Newswire/ -- 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.
Avenu Insights & Analytics Unveils Groundbreaking Short-Term Rental Compliance Solution: Avenu | STR | National News
CENTREVILLE, Va., June 13, 2024 (SEND2PRESS NEWSWIRE) -- 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.
MMI’s VP of Enterprise Sales Melissa Sike Named a 2024 Most Powerful Women in Fintech Award Winner by Progress in Lending...
SALT LAKE CITY, Utah, June 12, 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 Melissa Sike, vice president of enterprise sales, has been named by PROGRESS in Lending in its annual list of the Most Powerful Women in Fintech.
ProNotary Enhances Business Efficiency with Advanced Remote Online Notarization Solutions | National News
DALLAS, Texas, June 4, 2024 (SEND2PRESS NEWSWIRE) -- 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.
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.
Remote notarization is streamlined with Secured Signing’s new features
MOUNTAIN VIEW, Calif. /California Newswire/ -- 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.
Avenu Insights & Analytics Enhances Strategic Focus on Payment Solutions with New Board Member O.B. Rawls IV | National News
CENTREVILLE, Va., May 30, 2024 (SEND2PRESS NEWSWIRE) -- Avenu Insights & Analytics, a leader in software and technology solutions for public sector agencies, is pleased to announce the appointment of O.B. Rawls IV to its Board of Directors. This strategic addition enables the company to continue executing its strategy of providing advanced payment processing solutions while strengthening its leadership in the fintech and public sector landscapes.
ACES Quality Management Partners with Digilytics, Provider of AI-Powered Document Indexing, Categorization for QC Reviews | National News
DENVER, Colo., May 30, 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 Digilytics to provide ACES users access to Revel, an advanced optical character recognition (OCR) technology powered by artificial intelligence (AI) and machine learning (ML).
Dark Matter Technologies enhances the Empower LOS with native support for mortgage assumptions | National News
JACKSONVILLE, Fla., May 30, 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 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.
Truity Credit Union inks deal to implement the Empower LOS from Dark Matter Technologies | National News
JACKSONVILLE, Fla., May 23, 2024 (SEND2PRESS NEWSWIRE) -- 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.
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.
Dark Matter Technologies appoints former Ellie Mae executive as deputy chief product officer | National News
JACKSONVILLE, Fla., May 14, 2024 (SEND2PRESS NEWSWIRE) -- 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.
Down Payment Resource integration with ICE Mortgage Technology embeds down payment assistance program support into core mortgage origination software | National...
ATLANTA, Ga., May 13, 2024 (SEND2PRESS NEWSWIRE) -- 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.
New Fintech Solution Connects API-Driven Back-End to Front-End Pricing with Industry-First Features
SAN DIEGO, Calif. /California Newswire/ -- 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.
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.
Monterra Credit Union elevates the member experience with the Empower LOS from Dark Matter Technologies | National News
JACKSONVILLE, Fla., May 7, 2024 (SEND2PRESS NEWSWIRE) -- Dark Matter Technologies (Dark Matter), an innovative new leader in mortgage technology backed by time-tested loan origination software and leadership, today announced that Monterra Credit Union (Monterra CU), a full-service financial institution serving members throughout San Mateo County, California, the City of Palo Alto and the San Francisco Bay Area, has selected the Empower® loan origination system (LOS) for mortgage loan, home-equity loan and home-equity line of credit (HELOC) originations.
Informative Research’s Ryan Kaufman Named a HousingWire Rising Star for 2024 Rising Star
IRVINE, Calif. /California Newswire/ -- Informative Research, a leading technology platform that delivers data-driven solutions to the lending community, announced today that Ryan Kaufman, IT Manager - Integrations, has been selected by HousingWire magazine for its annual Rising Stars award.
Down Payment Resource brings its award-winning homebuyer assistance software to The Mortgage Collaborative as a preferred partner | National News
ATLANTA, Ga., April 29, 2024 (SEND2PRESS NEWSWIRE) -- Down Payment Resource (DPR), the housing industry's leading technology for connecting homebuyers with homebuyer assistance programs, 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, DPR will provide its software, which provides operational support for utilizing its database of more than 2,300 down payment assistance (DPA) programs, at a discounted rate to TMC members.
North Dakota Notaries Can Now Ditch the Desk! Secured Signing Brings Streamlined Online Notarization to the Peace Garden State | National...
BISMARK, N.D., and MOUNTAIN VIEW, Calif., April 26, 2024 (SEND2PRESS NEWSWIRE) -- Imagine notarizing documents from the comfort of your couch, or while catching up on emails at your home office. For North Dakota notaries and their clients, that future is now a reality. Secured Signing, a leading innovator in Remote Online Notarization (RON) technology, is proud to announce its RON platform meets and exceeds the requirements as an official RON platform in the state.
Agile Introduces Competitive Electronic Bidding on Fourth Month TBA Mortgage-Backed Securities | National News
PHILADELPHIA, Pa., April 25, 2024 (SEND2PRESS NEWSWIRE) -- Agile, a groundbreaking fintech bringing mortgage lenders and broker-dealers onto a single electronic platform, announced today the launch of electronic bidding for the fourth month in the To-Be-Announced mortgage-backed securities (TBA) market. This marks a significant leap forward in the trading landscape of off-screen securities.
Argyle recognized as a Financial Services Company of the Year in the 2024 American Business Awards | National News
NEW YORK CITY, N.Y., April 25, 2024 (SEND2PRESS NEWSWIRE) -- Argyle, the leading provider of direct-source income and employment data, is a winner of the 22nd annual American Business Awards®. The company received a Silver Stevie® in the mid-sized Financial Services Company of the Year category in recognition of its innovative approach to automating income and employment verifications.
Dark Matter and Total Expert partner to boost lender revenue through best-in-class mortgage automation and customer engagement | National News
JACKSONVILLE, Fla., April 23, 2024 (SEND2PRESS NEWSWIRE) -- Dark Matter Technologies (Dark Matter) today announced a new strategic partnership with Total Expert, the customer engagement platform purpose-built for modern financial institutions. A forthcoming bi-directional integration between Total Expert and the Empower® loan origination system (LOS) from Dark Matter will empower mortgage lenders to generate more leads, improve sales productivity and close more loans by intelligently automating and personalizing the homebuyer journey.
MCT Launches Complete Best Execution with Fully Integrated Retain vs. Release MSR Decisioning
SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, proudly introduces a game-changing advancement: a Best Ex for Released and Retained all in one platform!
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.
Patelco Credit Union selects the Empower LOS to streamline and bolster home loan and home-equity origination | National News
JACKSONVILLE, Fla., April 18, 2024 (SEND2PRESS NEWSWIRE) -- Dark Matter Technologies (Dark Matter), an innovative new leader in mortgage technology backed by time-tested loan origination software and leadership, today announced the implementation of the Empower® loan origination system (LOS) by Patelco Credit Union (Patelco), a Bay Area-based credit union dedicated to the financial wellness of its team, members and communities.
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.
