Tag: fintech
American Financial Network Deploys CompenSafe to Provide Real-Time Reporting of Loan Originator Compensation
MACON, Ga., Feb. 8, 2019 (SEND2PRESS NEWSWIRE) -- LBA Ware, provider of the leading automated incentive compensation and sales performance management platform for mortgage lenders, announced today that American Financial Network, Inc. (AFN), a mortgage lender with more than 125 branches nationwide, has adopted CompenSafe to manage loan originator (LO) compensation plans with greater efficiency and transparency.
American Society of Appraisers (ASA) partners with Anow to give real property appraisers a competitive edge
RED DEER, Alberta and WASHINGTON, D.C., Feb. 7, 2019 (SEND2PRESS NEWSWIRE) -- Anow, creator of the leading software for real estate appraisal offices, today announced a partnership with the American Society of Appraisers (ASA) that gives members a significant discount off Anow's core appraisal office management platform and early access to the tech firm's cutting-edge products currently in development.
Business Association of Real Estate Appraisers (BAREA) partners with Anow to empower appraisal firms in Canada with transformative tech
RED DEER, Alberta, Jan. 22, 2019 (SEND2PRESS NEWSWIRE) -- Anow, the appraisal firm management software developer that simplifies the way real estate appraisers manage their businesses, today announced a partnership that makes its powerful appraisal technology platform available to members of the Business Association of Real Estate Appraisers (BAREA).
LenderCity Chooses FinKube’s ELSA AI-Powered Virtual Assistant
DALLAS, Texas, Jan. 18, 2019 (SEND2PRESS NEWSWIRE) -- FinKube, a company that provides AI-powered Platform-as-a-Service solutions for a range of industries, announced today that St. Louis-based LenderCity has successfully deployed ELSA, FinKube's Electronic Loan Services Assistant. The mortgage industry's first chatbot is already interacting with prospective borrowers on the LenderCity website.
Dan Sogorka, Former FNF/Black Knight executive joins Cloudvirga as chief revenue officer
IRVINE, Calif. /California Newswire/ -- Cloudvirga, a leading provider of digital mortgage software, today announced the appointments of Dan Sogorka as chief revenue officer and Kelly Kucera as senior vice president of marketing. Sogorka, a seasoned mortgage technology executive, will drive Cloudvirga's continued revenue growth and oversee the firm's sales and marketing strategy with the help of veteran cloud technology marketer Kucera.
Aclaro adds AI Loan Repayment Risk Management Product to its Relationship-Building Tech, Opens New San Francisco Office
SAN FRANISCO, Calif. /California Newswire/ -- Aclaro, the leading provider and developer of Artificial Intelligence and Blockchain-based technology solutions, announces the launch of their newest Fintech App in conjunction with the opening of a new office in San Francisco, California.
News: MCT to Unveil its MSRlive! Platform that Accurately, Easily and Quickly Values Servicing Portfolios
SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced the upcoming launch of MSRlive!, a powerful web-based platform designed to effectively support lenders' efforts to build, maintain and optimize their servicing portfolios.
OpenClose Launches RESTful API Suite for Connectivity to Third Party Applications and Services
WEST PALM BEACH, Fla., Oct. 10, 2018 (SEND2PRESS NEWSWIRE) -- OpenClose, an industry-leading multi-channel loan origination system (LOS) and mortgage fintech provider, announced the release of a RESTful API suite designed to offer its customers an easier, more cost effective and secure standardized solution to enable rich and deep direct interactions with their system of record from third party and home grown systems.
FinKube and Plaid Inc. Offer Webinar on Digital Lending Technologies
DALLAS, Texas, Oct. 2, 2018 (SEND2PRESS NEWSWIRE) -- FinKube, a company that provides AI-powered Platform-as-a-Service solutions for a range of industries, announced today that the company will offer a free webinar featuring Plaid Inc. - a financial technology platform that powers modern, digital financial services.
Mortgage Capital Trading Adds Multi-Factor Authentication to its MCTlive! Secondary Marketing Software
SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that it has implemented multi-factor authentication (MFA) security protocols, which require multiple methods to verify a user's identity for logins and transactions.
ARMCO Reduces Lender Data Validation Times by 50 Percent with DataSure
POMPANO BEACH, Fla., Sept. 17, 2018 (SEND2PRESS NEWSWIRE) -- ACES Risk Management (ARMCO), the leading provider of technology for loan quality and compliance testing, data validation and analytics, announced the launch of DataSure(TM), a quality control technology that increases data validation accuracy and efficiency, and reduces lenders' data validation task times by 50 percent or more.
Maxwell Advances Mortgage Experience with the Release of Maxwell ApplyID
DENVER, Colo., Sept. 17, 2018 (SEND2PRESS NEWSWIRE) -- Digital mortgage leader Maxwell today announced the release of Maxwell ApplyID, its next generation mortgage loan application and data enrichment API. The new release will enable clients - from brokers to national mortgage lenders - to pre-populate loan application data and develop new customer intelligence capabilities.
Prevail Consulting’s Reinsurance System selected by Tower Insurance as the leading solution to automate reinsurance administration
STAMFORD, Conn., Sept. 11, 2018 (SEND2PRESS NEWSWIRE) -- Prevail Consulting, Inc., a leading insurance industry technology and professional services provider, today announced a contract with Tower Insurance to license the Prevail Reinsurance System (PRS) to support Tower's reinsurance operations. Under this new contract, Prevail will install PRS and deliver implementation and professional services.
MCT’s Bid Auction Manager (BAM) Tech Automates Tri-Party Agreement for Investors’ Bid Tape AOT Loan Sale Executions
SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced automation of the Tri-Party Agreement required between lenders, investors, and broker dealers during Assignment Of Trade (AOT) transactions in the secondary market. The functionality is built into MCT's Bid Auction Manager(TM) (BAM) bid tape management and best execution platform.
NotaryCam Applauds U.S. Treasury Recommendations on Remove Barriers to Online Notarization and ‘Fully Digital Mortgage’
NEWPORT BEACH, Calif. /California Newswire/ -- CEO Rick Triola, founder of the industry's most popular remote online notarization solution, NotaryCam, calls the Dept. of Treasury's recommendations in its July 31 report to the President: A Financial System That Creates Economic Opportunities: Nonbank Financials, Fintech, and Innovation "a cure to the persistent drags on real estate transactions that have prevented the consumer from experiencing the benefits now possible with digital technologies."
Simplifile Signs its 1800th County to E-recording Network, Platform Now Utilized by Over Half of all US Recording Jurisdictions
PROVO, Utah, July 20, 2018 (SEND2PRESS NEWSWIRE) -- Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, today announced that Clallam County, Wash., is the 1800th jurisdiction to join Simplifile's e-recording network. With this addition, more than 50 percent of recording jurisdictions nationwide are now using Simplifile's e-recording platform.
Global DMS Adds Appraisal Pre-Scheduler to its eTrac Valuation Management Platform
LANSDALE, Pa., June 21, 2018 (SEND2PRESS NEWSWIRE) -- Global DMS, a leading provider of cloud-based valuation management software, announced that it has rolled out eTrac Pre-Scheduler, a newly released tool that that streamlines appraisal appointments, allowing lenders and AMCs that are leveraging eTrac to easily set predetermined appraisal dates, apply specific parameters, and broadcast appraiser communications.
NotaryCam Celebrates 100K Online Notarizations, Demos at National Settlement Services Summit (NS3) 2018
NEWPORT BEACH, Calif. /California Newswire/ -- NotaryCam, Inc. (NotaryCam) today announced that it has completed more than 100,000 online notarizations since introducing the service in 2012. To celebrate this milestone, NotaryCam will offer free demos of its eClose360 platform to attendees of the 2018 National Settlement Services Summit (NS3) being held June 6-8 at the Marriott Renaissance Center in Detroit.
ARMCO Enhances Mortgage QC Automation and Analysis in ACES Audit Technology
POMPANO BEACH, Fla., May 31, 2018 (SEND2PRESS NEWSWIRE) -- ACES Risk Management (ARMCO), the leading provider of enterprise financial risk mitigation software solutions, has announced several product enhancements that improve the mortgage quality control (QC) process for lenders and servicers using its auditing platform ACES Audit Technology.
DocMagic Staff Join Together to Support Fourth Annual US Red Nose Day Fundraising Campaign
TORRANCE, Calif. /California Newswire/ -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that on Thursday, May 24, the entire company participated in Red Nose Day - an effort to help end child poverty both in the U.S. and in some of the poorest communities in the world. Red Noses can still be purchased from Walgreens retail outlets through June 2, 2018 in support of the fundraising campaign.
Cloudvirga Raises $50 Million Series-C Funding to Deliver Digital Mortgage Technologies
IRVINE, Calif. /California Newswire/ -- Cloudvirga, a leading provider of digital mortgage point-of-sale (POS) software whose enterprise technology is powered by the intelligent Mortgage Platform, today announced the closing of a $50-million Series C funding round led by private-equity firm Riverwood Capital with ongoing participation from Upfront Ventures.
Phil Laren of MCT to Speak on MSR Liquidity Challenges Panel Session at MBA National Secondary Conference
SAN DIEGO, Calif., May 10, 2018 (SEND2PRESS NEWSWIRE) -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that its Director of MSR Services, Phil Laren, will be speaking on a panel at the MBA National Secondary Market Conference & Expo May 21 at the New York Marriott Marquis.
FinTech Company, LBA Ware, Appoints Mortgage Technology Specialist Diana Sheffer as Solutions Consultant
MACON, Ga., May 3, 2018 (SEND2PRESS NEWSWIRE) -- LBA Ware(TM), a leading provider of automated compensation software and systems integration solutions for mortgage lenders, announced it has hired Diana Sheffer as a solutions consultant to support the company's sales and product implementation efforts. In this role, Sheffer will apply her 18 years' experience in mortgage lending and technology consulting to connect LBA Ware's clients with best-fit systems integration and process automation solutions to enhance performance-driven organizational growth.
Ascend Federal Credit Union Automates its Mortgage Lending Business with OpenClose’s LenderAssist LOS and DecisionAssist PPE
WEST PALM BEACH, Fla., April 24, 2018 (SEND2PRESS NEWSWIRE) -- OpenClose(R), an industry-leading multi-channel loan origination system (LOS) and mortgage fintech provider, announced that Ascend Federal Credit Union (Ascend) is leveraging its LenderAssist(TM) LOS platform and DecisionAssist(TM) product and pricing engine (PPE). OpenClose's completely browser-based solution has delivered additional efficiencies and heightened service levels for the credit union's growing mortgage lending division.
Mortgage Industry Veteran Tom Rice Joins OpenClose as VP Enterprise Account Executive
WEST PALM BEACH, Fla., March 22, 2018 (SEND2PRESS NEWSWIRE) -- OpenClose(R), an industry-leading multi-channel loan origination system (LOS) and mortgage fintech provider, announced that long-time industry veteran Tom Rice has joined its growing sales team. Mr. Rice has experience with multiple LOS platforms as well as other enterprise-class mortgage technology solutions. He will be responsible for covering the West Coast territory.
Simplifile Debuts Enhanced Post-Closing Service to Automate Trailing Mortgage Documents
PROVO, Utah, March 20, 2018 (SEND2PRESS NEWSWIRE) -- Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, announced that it has enhanced its Post Closing service to help lenders automate the return of trailing loan documents. This new service is designed to save lenders time on final Closing Disclosure (CD) reconciliation, eliminate time-consuming post-closing document management tasks, and provide a complete audit trail to reduce regulatory risk.
OpenClose Bolsters Software Integration and Support Teams from Fintech Industry
WEST PALM BEACH, Fla., Feb. 16, 2018 (SEND2PRESS NEWSWIRE) -- OpenClose(R), an industry-leading multi-channel loan origination system (LOS) and mortgage fintech provider, announced that it has added staff to its integration and customer support departments. The new hires will help enhance OpenClose's existing software products, facilitate digital mortgage processes, produce fintech-level innovation and provide excellence in customer support. The company also recently added three senior software engineers to its development team.
LBA Ware’s 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.
DocMagic Reaches 300 Million Mortgage eSignings Milestone as More Borrowers Opt for eSigning and Require Proof of TRID Compliance
TORRANCE, Calif. /California 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.
Digital Mortgage Pioneer Cloudvirga Hires Sean McEvoy as its Chief Customer Officer
IRVINE, Calif. /California 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.
Global DMS’ Fintech Now Integrated with Black Knight 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.
Mortgage Software Leader, OpenClose, Adds AFR Flood Services to its LOS via Seamless Interface
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.
ARMCO Announces New Loan Data Validation Tools for Mortgage Lenders
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.
DocMagic Opens High-Tech Print Fulfillment Supercenter In Torrance CA to Support Growth
TORRANCE, Calif. /California 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.
Fintech News: OpenClose Adds New Hires to its 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.
Georgia’s Advanced Technology Development Center Adds LBA Ware to Its ATDC Signature Portfolio
MACON, Ga., Oct, 12, 2017 (SEND2PRESS NEWSWIRE) -- LBA Ware(TM), a leading provider of automated compensation software and systems integration solutions for mortgage lending and retail banking, announced that the Advanced Technology Development Center (ATDC) - Georgia's technology incubator - has accepted LBA Ware into its ATDC Signature portfolio. As an ATDC Signature company, LBA Ware will have access to ATDC coaching and programming, potential investment capital and additional resources from the Georgia Institute of Technology, including intellectual property and talent.
IDS Adds Pushback Notifications to LOS Interface with Byte Software
SALT LAKE CITY, Utah, June 20, 2017 (SEND2PRESS NEWSWIRE) -- Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it has added pushback notifications to its existing interface with BytePro Enterprise, the flagship loan origination software (LOS) platform from Byte Software. Through this enhancement, BytePro users will receive mortgage documents and fulfillment status notifications within the LOS platform.
Fintech Mortgage Automation Pioneer Cloudvirga Raises $15M in Series B Funding
IRVINE, Calif. /California Newswire/ -- Cloudvirga(SM), developer of the automated, cloud-based intelligent Mortgage Platform(R) (iMP), announced today it has raised $15 million in a series B funding round led by Incenter, a Blackstone Group portfolio company. The new funding will support cloudvirga as it scales its technology and expands its product offerings.
