Tag: loan origination system News
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.
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.
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.
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.
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.
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.
New workflow in the Empower LOS makes it easier for mortgage lenders to consider rent payments when qualifying first-time homebuyers |...
JACKSONVILLE, Fla., Jan. 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 announced the availability of a new, automated workflow in the Empower® loan origination system (LOS) that makes it easier for lenders to identify and qualify loan applicants who could benefit from evaluation of their positive rent payment history.
Argyle partners with Dark Matter to bring seamless direct-source income and employment verifications to Empower LOS customers | National News
NEW YORK CITY, N.Y., Dec. 12, 2023 (SEND2PRESS NEWSWIRE) -- Argyle, a platform providing automated income and employment verifications for some of the largest lenders in the United States, announced today its integration with the Exchange, an interconnected network of mortgage-specific service providers available to customers of the Empower® loan origination system (LOS) from Dark Matter Technologies. This collaboration simplifies the income and employment verification process for lenders, further amplifying the cost and time-saving benefits of digital borrower verification.
Enhanced integration between the Empower LOS and DocMagic adds support for home equity, wholesale channels | National News
JACKSONVILLE, Fla., Dec. 11, 2023 (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 significant enhancements to the integration between the comprehensive Empower® loan origination system (LOS) and DocMagic's document generation solution.
Encompass Lending Group Adds LiteSpeed and QuickQual from LenderLogix to Its Digital Mortgage Tech Stack | National News
BUFFALO, N.Y., Nov. 28, 2023 (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 that Encompass Lending Group, a wholly owned subsidiary of Fathom Holdings Inc. (Nasdaq: FTHM), has selected its streamlined point-of-sale (POS) platform LiteSpeed and QuickQual, a loan origination system (LOS) add-on that allows prospective borrowers and real estate agents to run payment and closing costs scenarios.
CUSO Home Lending rolls out Dark Matter’s Empower LOS to support mortgage and home equity products | National News
JACKSONVILLE, Fla., Nov. 16, 2023 (SEND2PRESS NEWSWIRE) -- CUSO Home Lending has made Empower LOS, a cloud-based loan origination system from Dark Matter Technologies (Dark Matter), available to its credit union owners. CUSO Home Lending is the first credit union service organization to leverage Empower's newly developed joint-venture feature, which allows credit unions to offer individualized branding, products and pricing while taking advantage of the efficiency and cost savings of their CUSO's shared services model.
Mortgage Machine Services taps Digital Mortgage Expert Dan McGrew to Lead Company’s Go-to-Market Strategy | National News
ADDISON, Texas, Sept. 26, 2023 (SEND2PRESS NEWSWIRE) -- Mortgage Machine™ Services, an industry leader in digital origination technology to residential mortgage lenders, announced Dan McGrew has joined the company as Director of Sales. In this role, McGrew will be responsible for bringing the company's digital mortgage innovations to market, including the company's flagship loan origination system (LOS) Mortgage Machine.
Mortgage Machine Services launches loan origination system built for the digital mortgage era | National News
ADDISON, Texas, Sept. 18, 2023 (SEND2PRESS NEWSWIRE) -- Mortgage Machine Services, an industry leader in digital origination technology to residential mortgage lenders, announced the launch of its namesake platform Mortgage Machine™, an out-of-the-box, all-in-one loan origination system (LOS) designed to accelerate lenders' operational velocity and support an end-to-end digital origination process.
Northwest Bank Collects Fees within Minutes with LenderLogix FeeChaser
BUFFALO, N.Y., Aug. 2, 2023 (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 Northwest Bank has selected its payment processing platform Fee Chaser to ensure compliant collection of upfront fees and deliver borrowers a five-star digital experience.
LenderLogix enhances LiteSpeed point-of-sale platform to support communication with Spanish-speaking mortgage borrowers
BUFFALO, N.Y., May 5, 2023 (SEND2PRESS NEWSWIRE) -- LenderLogix, a leading provider of mortgage automation software and application programming interfaces (APIs), today announced its streamlined point-of-sale (POS) LiteSpeed now offers a Spanish version of the residential loan application to support communication with Spanish-speaking borrowers in their native language.
TMC Emerging Technology Fund LP Invests in TRAiNED Inc., in a $1 million Simple Agreement for Future Equity
SAN DIEGO, Calif. /California Newswire/ -- The Mortgage Collaborative (TMC), the nation's largest independent cooperative network serving the mortgage industry, announced today that the TMC Emerging Technology Fund LP (the "Fund") recently participated in a $1 million Simple Agreement for Future Equity (SAFE) funding round for TRAiNED, Inc.
Black Knight Inc.’s Empower Loan Origination Platform Now Integrated with DocMagic
TORRANCE, Calif. /California Newswire/ -- DocMagic, Inc., the premier provider of loan document generation, compliance support and comprehensive eMortgage services, announced an integration with Empower, Black Knight's loan origination system (LOS), to help automate the DocMagic document generation process for lenders and provide access to additional DocMagic services.
LoanMAPS LOS Now Integrated with DocMagic Eliminating Need for Disclosure Desk and Closing Department
TORRANCE, Calif. /California Newswire/ -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance, and comprehensive eMortgage services, is pleased to announce that it has integrated multiple digital lending solutions with Take Three Technologies' ("Take3") cloud-based and fully-integrated loan origination system (LOS), LoanMAPS™.
Fintech Company, Mortgage Coach, integrates with ICE Mortgage Technology enabling accurate loan comparisons
IRVINE, Calif. /California Newswire/ -- Mortgage Coach, a borrower conversion platform empowering mortgage lenders to educate borrowers with interactive presentations that model home loan performance over time, today announced an advanced integration with ICE Mortgage Technology™, part of Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure.
FormFree integration with OpenClose enhances lending experience with quick and easy borrower-permissioned data verification
ATHENS, Ga., Nov. 1, 2021 (SEND2PRESS NEWSWIRE) -- FormFree® Founder and CEO Brent Chandler today announced the availability of its AccountChek® financial data verification service within OpenClose®, the leading fintech provider of mortgage software solutions for banks, credit unions and mortgage lenders. The integration embeds AccountChek into OpenClose's ConsumerAssist(tm) Enterprise POS and LenderAssist(tm) LOS, giving borrowers the freedom to electronically permission verification data with ease when applying for a mortgage loan.
SimpleNexus and MobilityRE Enhance Mobile Integration with Push Notifications, More Powerful Home Search Features
LEHI, Utah, Aug. 24, 2020 (SEND2PRESS NEWSWIRE) -- SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers, real estate agents and settlement agents, has enhanced its integration with MobilityRE with new features that improve the home search experience for borrowers and enable lenders and Realtors to respond more swiftly to borrower requests.
7 Mortgage Implements OpenClose’s LOS & POS to Support Its Network of Credit Union Members
KNOXVILLE, Tenn., Aug. 12, 2020 (SEND2PRESS NEWSWIRE) -- 7 Mortgage, a credit union service organization (CUSO), announced that it went live with OpenClose's end-to-end loan origination system (LOS) allowing its partner credit unions to leverage the mortgage industry's leading technology. The OpenClose solution allows 7's CUSO members to efficiently and effectively complete mortgage loans - from start to finish - via a centralized platform rated #1 by multiple independent studies.
OpenClose Integration with Access Business Technologies Provides Faster Exchange of Loan Data Between LOS and Third-Party Systems
WEST PALM BEACH, Fla., July 31, 2020 (SEND2PRESS NEWSWIRE) -- OpenClose®, the industry-leading mortgage fintech provider and omni-channel loan origination system (LOS), announced that it integrated with Access Business Technologies' (ABT) MortgageExchange interface solution.
New Integration Enables OpenClose Lenders to Automate MERS® Loan Registration and Transfer via Cyberlink’s eRAMP System
WEST PALM BEACH, Fla., June 3, 2020 (SEND2PRESS NEWSWIRE) -- OpenClose, the industry-leading mortgage fintech provider and omni-channel loan origination system (LOS), and Cyberlink Software Solutions, a provider of optimization and development solutions for mortgage lenders, announced the completion of an integration that eases the time consuming and laborious method of registering loans one by one with MERS.
OpenClose Partners with Genworth Mortgage Insurance to Offer a Streamlined Mortgage Insurance Process from within its LenderAssist LOS
WEST PALM BEACH, Fla., March 13, 2020 (SEND2PRESS NEWSWIRE) -- OpenClose®, the industry-leading multi-channel loan origination system (LOS) and digital mortgage fintech provider, announced it has partnered with Genworth Mortgage Insurance, an operating segment of Genworth Financial (NYSE: GNW), establishing a direct integration to access mortgage insurance (MI) from the LenderAssist™ LOS platform.
Digital Mortgage Platform Maxwell Announces Strategic Partnership and Bi-directional Integration with Integra’s EPIC Loan Origination System
DENVER, Colo., Sept. 19, 2019 (SEND2PRESS NEWSWIRE) -- Digital mortgage platform provider Maxwell announced their strategic partnership with Integra to offer seamless, bi-directional integration with Integra's EPIC Loan Origination System.
DocMagic and INTEGRA Software Systems Announce Strategic Alliance for Mortgage Tech Solutions
TORRANCE, Calif. /California Newswire/ -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that INTEGRA Software Systems (INTEGRA) will offer the company's document preparation solution to their client base via an integration with INTEGRA's new LOS, EPIC.
OpenClose Bolsters Commitment to Software Innovation and Enhancement of Digital Mortgage Technology, Adds Experienced Technologist as VP of Innovation
WEST PALM BEACH, Fla., July 31, 2019 (SEND2PRESS NEWSWIRE) -- OpenClose, an industry-leading multi-channel loan origination system (LOS) and digital mortgage fintech provider, announced that Allen Pollack, a seasoned industry veteran that has been instrumental in the digital shift and transformation of the industry, has joined the company in the newly created position of vice president of product innovation.
OpenClose and Vice Capital Markets Integrate for Enhanced Hedging Automation
WEST PALM BEACH, Fla., July 11, 2019 (SEND2PRESS NEWSWIRE) -- OpenClose, an industry-leading multi-channel loan origination system (LOS) and digital mortgage fintech provider, announced the completion of an integration with Vice Capital Markets Inc., an established mortgage hedge advisory firm. Focused on maximizing hedging efficiencies, the new interface reduces the time to prepare and deliver loan data.
OpenClose Bolsters Sales Team with Addition of Mortgage Software Veteran Tom Buenz
WEST PALM BEACH, Fla., April 30, 2019 (SEND2PRESS NEWSWIRE) -- OpenClose, an industry-leading multi-channel loan origination system (LOS) and digital mortgage fintech provider, announced that Tom Buenz has joined the company in the position of vice president, enterprise sales. In this role, Mr. Buenz will help satisfy an increasing demand for OpenClose's LOS, digital mortgage point-of-sale (POS) solution and ancillary software products.
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.
Mortgage Tech Pro Mark Michel Joins Growing Team at OpenClose
WEST PALM BEACH, Fla., Sept. 27, 2018 (SEND2PRESS NEWSWIRE) -- OpenClose, an industry-leading multi-channel loan origination system (LOS) and mortgage fintech provider, announced that it hired Mark Michel, an industry veteran in enterprise-level mortgage technology systems.
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.
OpenClose Hires LOS Development Expert Joseph Wade to Further Innovate and Enhance Existing Software Solutions
WEST PALM BEACH, Fla., June 12, 2018 (SEND2PRESS NEWSWIRE) -- OpenClose(R), an industry-leading multi-channel loan origination system (LOS) and mortgage fintech provider, announced that it has added senior software LOS and mortgage software development expert Joseph Wade to its growing development team. Joseph was previously at Finastra (formerly D+H) and will play an integral role in software innovation and enhancements at OpenClose.
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.
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.
Credit Unions Across USA Successfully Leveraging the OpenClose LenderAssist™ LOS
WEST PALM BEACH, Fla., Sept. 21, 2017 (SEND2PRESS NEWSWIRE) -- OpenClose(R), a multi-channel loan origination system (LOS) and mortgage software solutions provider, announced that multiple credit unions are now using OpenClose's LenderAssist(TM) LOS platform to automate the mortgage side of their businesses.
ReverseVision to Host 2018 UserCon, February 6–8 in San Diego for Mortgage Pros
SAN DIEGO, Calif. /California Newswire/ -- ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, will host its third annual user conference February 6-8, 2018, at the Kona Kai Resort and Spa on San Diego's Shelter Island.
OpenClose Integrates with Timios to Automate Calculation of Title Settlement Fees
WEST PALM BEACH, Fla., Sept. 6, 2017 (SEND2PRESS NEWSWIRE) -- OpenClose, a multi-channel loan origination system (LOS) and mortgage software solutions provider, announced that it integrated with Timios, Inc., a national provider of title and settlement services to banks, financial institutions and mortgage lenders. The integration allows users to efficiently draw all title and settlement fees directly from within OpenClose's LenderAssist(TM) LOS, eliminating data entry, saving time and ensuring fees are fully accurate and TRID compliant.
Mortgage Capital Trading (MCT) and PCLender Integrate Solutions and Services
SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing technology firm, announced that it has completed an integration between its secondary marketing solution and PCLender's loan origination system (LOS). The integration seamlessly transmits critical hedge pipeline data, saving time and enhancing information security.
Bank of England Mortgage, Arkansas, Helps Customers Get More Out of HECM and ReverseVision Tech
SAN DIEGO, Calif. /California Newswire/ -- ReverseVision, the leading provider of software and technology for the reverse mortgage industry, today announced that Bank of England (BOE) Mortgage, a nationwide mortgage lender based in England, Arkansas, has selected RV Exchange (RVX) loan origination software (LOS) to support its growing Home Equity Conversion Mortgage (HECM) division.
OpenClose Honored as a 2017 HW TECH100 Mortgage Tech Provider for Fourth Year in a Row
WEST PALM BEACH, Fla., March 15, 2017 (SEND2PRESS NEWSWIRE) -- OpenClose(R), a multi-channel loan origination system (LOS) mortgage software provider, announced that HousingWire has again been recognized as a top 100 mortgage technology provider. The annual HW TECH100(TM) list recognizes the most innovative technology firms in the U.S. housing economy.
OpenClose and Global DMS Jointly Announce Integration of Their Platforms
LANSDALE, Pa. and WEST PALM BEACH, Fla., Feb. 7, 2017 (SEND2PRESS NEWSWIRE) -- Global DMS, a leading provider of cloud-based compliant valuation management solutions, and OpenClose, a comprehensive mortgage software solutions provider, jointly announced that they completed a seamless, bi-directional interface between Global DMS' eTrac Enterprise valuation management platform and OpenClose's LenderAssist(TM) loan origination system (LOS). The new integration eliminates manual touch points, reduces costs and ensures appraisal compliance.
OpenClose’s Multi-Channel Mortgage LOS and Correspondent Platform Fuels Record Company Growth
WEST PALM BEACH, Fla., Jan. 31, 2017 (SEND2PRESS NEWSWIRE) -- OpenClose, an enterprise-class loan origination system (LOS) provider, reports that it is experiencing the highest level of growth in company history. The company attributes the bulk of its growth to an increasing demand for its comprehensive LenderAssist(TM) LOS that has true multi-channel capability along with its turnkey correspondent module, OC Correspondent(TM).
MCT and OpenClose Complete New Integration to Optimize Lender Loan Hedge Positions
PALM SPRINGS, Calif. /California Newswire/ -- Independent Mortgage Bankers Conference - OpenClose(R) an enterprise-class, multi-channel loan origination system (LOS) provider, and Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing technology firm, jointly announced they developed an integration that eliminates manual intervention and streamlines the delivery of loan data to maximize hedging for lenders.
Colony American Finance Implements OpenClose Loan Origination Platform (LOS)
WEST PALM BEACH, Fla., July 26, 2016 (SEND2PRESS NEWSWIRE) -- OpenClose(R), an enterprise-class multi-channel loan origination system (LOS) provider, announced that Colony American Finance (CAF), a specialty finance company that provides innovative loan products to residential real estate investors, implemented the OpenClose loan origination platform to support its new Single Asset loan product across correspondent, wholesale and retail channels.
ReverseVision Celebrates Major Upgrades to ReverseVision Sales Accelerator (RVSA) Reverse Mortgage Origination Tool with ‘Closed-Loan Challenge’
SAN DIEGO, Calif., July 7, 2016 (SEND2PRESS NEWSWIRE) -- ReverseVision today announced the release of key updates to ReverseVision Sales Accelerator (RVSA), a web-based loan origination tool specifically designed to assist loan officers with the sale of reverse mortgages. ReverseVision will celebrate the release with a "Closed-Loan Challenge" for loan officers who convert RVSA contacts into closed loans in ReverseVision Exchange (RVX) loan origination system (LOS) on or before October 31, 2016.
