Tag: fintech
CMG Financial Accelerates Loan Originator Compensation and Delivers Loan-Level Insights to Management with LBA Ware’s CompenSafe
MACON, Ga., July 23, 2019 (SEND2PRESS NEWSWIRE) -- LBA Ware(TM), provider of the leading automated incentive compensation and sales performance management platform for mortgage lenders, has partnered with CMG Financial to streamline incentive compensation for the lender's more than 500 loan originators (LOs) and other commission- and bonus-based employees.
Anow Enterprise lets lenders and appraisal firms tap into the industry’s first peer-to-peer appraiser network
RED DEER, Alberta, July 17, 2019 (SEND2PRESS NEWSWIRE) -- Anow, developer of appraisal firm management software that simplifies the way real estate appraisers manage their businesses, today announced the release of Anow Enterprise, a cloud software suite that connects individual appraisal companies to form service networks that can efficiently provide localized service at scale.
Level One Bank Enlists CompenSafe to Automate Incentive Compensation After Doubling Its Mortgage Division
MACON, Ga., July 16, 2019 (SEND2PRESS NEWSWIRE) -- LBA Ware, provider of the leading automated incentive compensation and sales performance management platform for mortgage lenders, announced today that Level One Bank (NASDAQ: LEVL) has chosen CompenSafe to automate incentive compensation for mortgage loan originators and support staff across the community bank's mortgage loan center and branch locations
CPROP Partners with The Mortgage Collaborative as Its Exclusive Blockchain Vendor
COVINGTON, Ky., July 1, 2019 (SEND2PRESS NEWSWIRE) -- CryptoProperties LLC (CPROP) is pleased to announce it has signed an agreement with The Mortgage Collaborative (TMC) to join its Preferred Partner Network as TMC's exclusive provider of blockchain-enabled products and services.
Mann Mortgage Revamps Loan Originator (LO) Compensation Structure, Gains Cost-Efficiency and Flexibility with LBA Ware’s CompenSafe
MACON, Ga., June 28, 2019 (SEND2PRESS NEWSWIRE) -- LBA Ware(TM), provider of the leading automated incentive compensation and sales performance management platform for mortgage lenders, announced today that Mann Mortgage has successfully overhauled its incentive compensation plan structure and management with CompenSafe.
NotaryCam Having Banner Year in 2019, Citing Growing Adoption of Remote Online Closing
NEWPORT BEACH, Calif. /California Newswire/ -- NotaryCam(R), creator of remote online notarization (RON), acknowledged leader in online notarization and original provider of patented mortgage eClosing solutions, today announced it is extending its 2018 record growth to another unprecedented performance in 2019. Following a nearly 140 percent 2018 increase in new users, NotaryCam surpassed 200,000 users in the first half of 2019, and is on pace to add 10,000 users monthly.
Homebot Aims to Improve Prequal-to-App Pull Through with Buyer Enhancements to Its Customer Engagement Platform
DENVER, Colo., June 13, 2019 (SEND2PRESS NEWSWIRE) -- Homebot, a customer engagement platform that delivers financial scenarios to help homeowners build wealth, today announced major enhancements to the homebuying side of its platform. The latest release inserts lenders into the market search process by integrating prompts for buyers to obtain a prequal or preapproval, lock a rate, and inquire about down payment with a single click.
Fidelity National Financial Inc. (NYSE:FNF) Adds NotaryCam Remote Notarization Service to Online Closing Options
NEWPORT BEACH, Calif. /California Newswire/ -- NotaryCam(R), the pioneering leader in online notarization and the original provider of mortgage eClosing solutions, today announced that Fidelity National Financial (FNF), will allow the use of NotaryCam to deliver remote online notarization (RON) and remote online closing (ROC) capabilities to FNF's network of direct title and settlement operations, as well as its network of independent title agents.
Showbiz Tech from EXACTUALS Shows a Better Way to Pay: Insurance Industry Alert issued by EraNova Institute
LOS ANGELES, Calif. /California Newswire/ -- Today the EraNova Institute issued a business alert: "Showbiz shows a better way to pay." EraNova's Director, Dick Samson, says, "For non-employees in entertainment and insurance, getting the money due you has often been a chore." For decades complexity has been a sore spot in both industries, according to the alert. Then in 2011, Mike Hurst and Jason Hiller established Exactuals, LLC.
Mortgage Capital Trading (MCT) Launches Trade Auction Manager to Enable Electronic TBA MBS Trading
SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that it has officially launched Trade Auction Manager(TM) (TAM) to enable more efficient bidding of TBA mortgage-backed securities used by lenders to hedge their open mortgage pipelines. The browser-based software module is accessible via MCTlive!, the company's award-winning comprehensive capital markets platform.
FirstBank Mortgage Reduces Loan Originator Compensation Processing Time by 75 percent with CompenSafe
MACON, Ga., May 16, 2019 (SEND2PRESS NEWSWIRE) -- LBA Ware(TM), provider of the leading automated incentive compensation and sales performance management platform for mortgage lenders, announced today that FirstBank Mortgage has optimized the execution of its incentive compensation with CompenSafe(TM). By replacing spreadsheets with CompenSafe, FirstBank Mortgage has reduced the time it takes to calculate loan compensation by 75 percent
Mortgage Capital Trading (MCT) Bolsters Executive Management Team with Addition of Leslie Winick as Chief Strategy Officer
SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that Leslie Winick has joined the company as Chief Strategy Officer (CSO). In this newly created position, Ms. Winick will play an integral role in helping MCT hone its strategic direction, further increase market share, manage rapid growth, and delight clients.
NotaryCam-DocMagic Integration Delivers Remote eClosing Capabilities for Mid America Mortgage
NEWPORT BEACH, Calif. /California Newswire/ -- NotaryCam, the leader in online notarization solutions, today announced that eMortgage pioneer Mid America Mortgage is now using the firm's integration with DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, to conduct remote online notarizations (RONs) through DocMagic's Total eClose platform.
LBA Ware Founder and CEO Lori Brewer Selected as 2019 Tech All-Star by Mortgage Bankers Association
MACON, Ga., March 25, 2019 (SEND2PRESS NEWSWIRE) -- LBA Ware(TM), provider of the leading automated compensation and sales performance management platform for mortgage lenders, today announced that company Founder and CEO Lori Brewer has been named a winner of the 2019 MBA Insights Tech All-Star award. Brewer accepted her award today during the opening session of the Mortgage Bankers Association's Technology Solutions Conference & Expo 2019 in Dallas.
National Association of Appraisers (NAA) and Anow forge partnership to bring cutting edge appraisal software to real property appraisers members
SAN ANTONIO, Texas and RED DEER, Alberta, March 19, 2019 (SEND2PRESS NEWSWIRE) -- Anow, creator of the leading software for real estate appraisal offices, today announced it has forged a partnership with the National Association of Appraisers (NAA) to make Anow's appraisal office management platform more readily accessible to members of the professional organization.
seriesOne Acquires Dynamo Development to Accelerate its Global Expansion Efforts and Bring Software Development In-House
NEW YORK, N.Y., March 13, 2019 (SEND2PRESS NEWSWIRE) -- seriesOne Inc., a leading global digital security fundraising platform led by leaders with over 20 years of traditional investment banking, venture capital and technology experience, today announced its acquisition of Dynamo Development, a custom software development company with a mature engineering team based in the Ukraine.
Totle Launches Equity Crowdfunding Campaign on Republic
DETROIT, Mich., March 13, 2019 (SEND2PRESS NEWSWIRE) -- Totle, the startup powering rapid growth in the world of decentralized finance (DeFi) by providing optimized exchange functionality, today announced their partnership with Republic - a leading crypto and equity investment platform backed by Binance and AngelList that enables anyone to be an angel investor.
Anow integrates Veros PATHWAY and VeroSELECT, adds VeroSCORE QC to appraisals submitted by mortgage lenders
RED DEER, Alberta, March 7, 2019 (SEND2PRESS NEWSWIRE) -- Anow, developer of appraisal firm management software that simplifies the way real estate appraisers manage their businesses, today announced appraiser productivity and appraisal quality integrations with Veros Real Estate Solutions (Veros(r)), a leading developer of enterprise risk management, collateral valuation and predictive analytics services.
LBA Ware Named Ellie Mae Experience 2019 Exhibitor
MACON, Ga., March 6, 2019 (SEND2PRESS NEWSWIRE) -- LBA Ware, provider of the leading automated compensation and sales performance management platform for mortgage lenders, today announced that it will exhibit at Ellie Mae Experience 2019, which will be held March 10-13, 2019, at Moscone West in San Francisco, California. This year's conference theme, "Driving Innovation Home," encourages attendees to learn about the latest technologies defining the mortgage industry.
Matic Obtains SOC 2 Type II Certification
COLUMBUS, Ohio, Feb. 28, 2019 (SEND2PRESS NEWSWIRE) -- Matic, the digital homeowners insurance marketplace built for mortgage servicers and lenders, announced that it has successfully completed a Service Organization Control (SOC) 2 Type II audit. Conducted by IS Partners, LLC, a globally recognized certified public accounting firm, the audit verifies that Matic's information security practices.
Base Zero’s New Crypto Custody Keeps Financial Institutions Safe from Theft and Fraud
BERKELEY, Calif. /California Newswire/ -- Multi-signature transaction authorization has become more secure and more convenient, thanks to Base Zero's handheld signer devices. The devices work in combination with flexible security software that smoothly integrates with existing financial systems. Base Zero institutional crypto custody enables offline safekeeping of client crypto assets while maintaining 24/7 real-time asset access and transaction capability.
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.
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.
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.
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."
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.
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.
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.
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 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.

































