Tag: fintech News - Page 13
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.
ReverseVision Expands Support for its Proprietary Reverse Mortgage Technology Products
SAN DIEGO, Calif. /California Newswire/ -- ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced that it is offering a combination of enhanced software functionality and professional services to help mortgage lenders launch proprietary reverse mortgage products.
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."
Introducing Aclaro TrueView: The Fintech Solution Set to Revolutionize Automotive Lending Risk Analysis
MIAMI, Fla., Aug. 2, 2018 (SEND2PRESS NEWSWIRE) -- Aclaro, the leading provider in blockchain-based open platform solutions, recently released its latest A.I. solution. The new tool, Aclaro TrueView is designed to provide automotive and other lenders with a competitive advantage through robust features that save them time, money, and facilitate better lending decisions.
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.
Aclaro to Bring the Power of Predictive Analytics with Blockchain to Lending Sector
MIAMI, Fla., July 11, 2018 (SEND2PRESS NEWSWIRE) -- Aclaro, the leading provider of blockchain based open data platforms and solutions, has announced that it has launched a new Fintech Artificial Intelligence (AI) solution focused on the lending industry. The new solution is Aclaro TrueView. Aclaro aims to equip lenders with the innovative tools needed for competitive advantage with its tech savvy, blockchain based predictive analytics platform that can be utilized without incurring heavy costs.
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.
LBA Ware in Georgia Celebrates 10th Anniversary Serving the Mortgage Industry
MACON, Ga., June 21, 2018 (SEND2PRESS NEWSWIRE) -- LBA Ware, a leading provider of automated compensation software and systems integration solutions for mortgage lenders, announced it has achieved a decade in business this year. The company celebrated the official anniversary of its founding on June 10, the date of the company's incorporation.
Two Tech Startups to Debut Technology at June 2018 NEXT Mortgage Conference in Dallas
DALLAS, Texas, June 14, 2018 (SEND2PRESS NEWSWIRE) -- NEXT Mortgage Events LLC, creator of the only mortgage technology conference for women executives, has announced that startup tech firms ProxyPics and Zipwhip will debut their technology to the mortgage industry at the second biannual NEXT mortgage technology conference, which takes place on June 21-22, 2018 at Hotel ZaZa in Dallas.
Simplifile’s E-recording Platform Utilized by Recording Districts Representing More Than 80% of the U.S. Population
PROVO, Utah, June 13, 2018 (SEND2PRESS NEWSWIRE) -- Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, today announced that 31 additional recording jurisdictions located in 16 states throughout the Midwestern, Southwestern, and Western United States have joined Simplifile's e-recording network.
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.
Matic Insurance Services CEO Aaron Schiff Named a 2018 HousingWire Rising Star
SHERMAN OAKS, Calif. /California Newswire/ -- Matic, a digital insurance agency whose technology enables borrowers to purchase homeowner's insurance during the mortgage transaction, announced today that company co-founder and CEO Aaron Schiff has been recognized as a HousingWire Rising Star.
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.
American Banker Names Mortgage Capital Trading to Inaugural Best Places to Work in Fintech List
SAN DIEGO, Calif., May 8, 2018 (SEND2PRESS NEWSWIRE) -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that American Banker magazine named the company to its new Best Places to Work in Financial Technology list. MCT ranked number four out of only 20 companies that were honored.
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.
ReverseVision and Allegiant Reverse Services Partner to Simplify HECM Loan Title Ordering
SAN DIEGO, Calif. /California Newswire/ -- ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced a partnership with Allegiant Reverse Services (ARS), a full-service title and settlement company with an exclusive focus on reverse mortgage closings.
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.
IDS Advises US Mortgage Lenders to Address UCD Warnings Prior to June 25 Deadline
SALT LAKE CITY, Utah, April 11, 2018 (SEND2PRESS NEWSWIRE) -- Mortgage document preparation vendor, International Document Services, Inc. (IDS), has announced it is advising all lenders to begin troubleshooting warnings from Fannie Mae and Freddie Mac's Uniform Closing Dataset (UCD) portal regarding missing information in their UCD files. Effective June 25, 2018, the GSEs will fire a fatal edit in their Loan Delivery systems if the UCD status is "Not Successful" or a UCD was not submitted. (UPDATED)
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.
New Mobile App from Cloudvirga Connects Loan Officers and Realtors on Its Digital Mortgage Platform
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 launch of a new mobile app that will enable real estate agents to collaborate with mortgage loan officers in real time. This native mobile app allows instantaneous and secure exchange of loan documents and communication between real estate agents and loan teams for a faster, more efficient mortgage experience.
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.
AccountChek by FormFree Integrates with Black Knight’s LoanSphere Exchange Digital Solution
ATHENS, Ga., March 13, 2018 (SEND2PRESS NEWSWIRE) -- Automated verification provider FormFree(R) today announced that its award-winning AccountChek(R) asset verification service will integrate with LoanSphere Exchange Digital, a centralized application programming interface (API) marketplace for the mortgage industry. LoanSphere Exchange Digital is offered by Black Knight, Inc., a leading provider of integrated software, data and analytics to the mortgage and real estate industries.
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.
Cloudvirga’s Kyle Kamrooz Named to MPA Hot 100 List of Top Mortgage Industry Innovators
IRVINE, Calif., Feb. 8, 2018 (SEND2PRESS NEWSWIRE) -- Cloudvirga(TM), developer of intelligent mortgage point-of-sale (POS) platforms, today announced that its Co-founder and Chief Strategy Officer Kyle Kamrooz has been named to Mortgage Professional America (MPA) magazine's annual Hot 100 list of the leaders and visionaries making the biggest impact on America's mortgage industry. Kamrooz was recognized for spearheading Cloudvirga's transformative contributions to reducing mortgage back-office costs through digital mortgage technology.
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.
Addition of 23 Jurisdictions in the Eastern U.S. Pushes Simplifile E-recording Network Past the 1,700th Mark
PROVO, Utah, Jan. 24, 2018 (SEND2PRESS NEWSWIRE) -- Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, today announced that 23 additional recording jurisdictions throughout the Northeast, Mid-Atlantic, and Southeast have adopted Simplifile's e-recording platform.
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.
Five Top-30 U.S. Lenders Choose Cloudvirga Digital Mortgage Platform in Q3-2017
IRVINE, Calif. /California Newswire/ -- Cloudvirga(TM), developer of intelligent mortgage point-of-sale (POS) platforms, has signed five of the nation's top 30 non-bank lenders in the last 100 days. The new customers collectively originate over $100 billion in loans annually.
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.
