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Tag: Mortgage News

DocMagic and Community State Bank

Community State Bank Implements Fully Paperless eClosing Process with DocMagic Total eClose

TORRANCE, Calif. /California Newswire/ -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that Southeast Wisconsin-based Community State Bank has implemented its full suite of eClosing solutions to transform the bank's mortgage closing process, making it 100 percent digital.

SimpleNexus Makes Deloitte Technology Fast 500 List for Cutting-Edge Mortgage Technology, Triple-Digit Revenue Growth

LEHI, Utah, Nov. 20, 2020 (SEND2PRESS NEWSWIRE) -- SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers, real estate agents and settlement agents, has earned a spot on the Deloitte Technology Fast 500 list for a second time. For 26 years, Deloitte has recognized the fastest-growing technology companies in North America, honoring firms that define the cutting edge by combining technology and entrepreneurship to transform the way business is done.
NotaryCam

NotaryCam Certifies Compliance with MISMO Standards for RON-enabled digital mortgage closings

NEWPORT BEACH, Calif. /California Newswire/ -- NotaryCam, the pioneering leader in online notarization and original provider of mortgage eClosing solutions, today announced that it has completed the Mortgage Industry Standard Maintenance Organization (MISMO) Remote Online Notarization (RON) Software Compliance Certification Program.
ReverseVision

ReverseVision Supports HECM Lender Transition from LIBOR to CMT Index, Updates Docs to Facilitate Index Migration

SAN DIEGO, Calif. /California Newswire/ -- ReverseVision, the leading provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, today announced it has updated all documents that reference an index to support both the Constant Maturity Treasury (CMT) and London Interbank Offer Rate (LIBOR) indexes.

Promontory MortgagePath Expands Team, Hires Regional Vice Presidents of Sales Diane Capers and Greg Bruns

DANBURY, Conn., Nov. 17, 2020 (SEND2PRESS NEWSWIRE) -- Promontory MortgagePath LLC, a leading provider of comprehensive digital mortgage and tech-driven fulfillment solutions, announced it has hired Diane Capers and Greg Bruns as regional vice presidents in the company's sales division.

SimpleNexus Collaboration with Progressive Insurance Brings Home Insurance to Mobile Mortgage App Used by Nearly 3 Million Borrowers

LEHI, Utah, Nov. 12, 2020 (SEND2PRESS NEWSWIRE) -- SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers, real estate agents and settlement agents, today announced the availability of home insurance quotes from Progressive® (NYSE: PGR) within the SimpleNexus digital mortgage app.
Pureloan Advanced Search

Pureloan Launches Enterprise-Grade Advanced Mortgage Search Functionality at No Cost to California Home Buyers

PALO ALTO, Calif. /California Newswire/ -- Pureloan.com is the first website to offer professional loan officer-level mortgage search functionality for both home loans and home refinancing to all interested shoppers. Other websites simply allow searches using basic fields like location, LTV, and credit score, but Pureloan performs searches on the exact fields being used by loan underwriters.

LBA Ware’s LimeGear Business Intelligence Platform Brings Performance Dashboards and Scorecards to Users of Fiserv’s Mortgage Director LOS

MACON, Ga., Nov. 10, 2020 (SEND2PRESS NEWSWIRE) -- LBA Ware, a leading provider of incentive compensation management (ICM) and business intelligence (BI) software solutions for the mortgage industry, has partnered with Fiserv Inc. (NASDAQ: FISV) to provide out-of-the-box business dashboards and reports to users of the Mortgage Director loan origination system (LOS).

U.S. Mortgage Industry Launches ‘NOT OK? THAT’S OK’ Borrower Awareness Campaign

WASHINGTON, D.C., Nov. 10, 2020 (SEND2PRESS NEWSWIRE) -- Today, an independent coalition of U.S. mortgage industry leaders launched the 'NOT OK? THAT'S OK' campaign to raise awareness among customers who have missed one or more mortgage payments in 2020 and may be eligible for forbearance assistance under the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Faith Schwartz, president of Housing Finance Strategies, spearheaded the industry effort.

LBA Ware Recruits Kim Schnieders to Propel Sales Strategy, Accelerate Rapid Business Growth Among Mortgage Bankers

MACON, Ga., Nov. 5, 2020 (SEND2PRESS NEWSWIRE) -- LBA Ware, a leading provider of incentive compensation management (ICM) and business intelligence (BI) software solutions for the mortgage industry, announced today it has hired sales executive Kim Schnieders as senior sales consultant. Schnieders will support the expansion of LBA Ware's business development strategy during its rapid growth, driving revenue and supporting the influx of mortgage lenders implementing its award-winning technology.

LBA Ware Recruits Kim Schnieders to Propel Sales Strategy, Accelerate Rapid Business Growth Among Mortgage Bankers

MACON, Ga., Nov. 5, 2020 (SEND2PRESS NEWSWIRE) -- LBA Ware, a leading provider of incentive compensation management (ICM) and business intelligence (BI) software solutions for the mortgage industry, announced today it has hired sales executive Kim Schnieders as senior sales consultant. Schnieders will support the expansion of LBA Ware's business development strategy during its rapid growth, driving revenue and supporting the influx of mortgage lenders implementing its award-winning technology.

Surefire CRM by Top of Mind Integrates with Floify to Maximize Mortgage Loan Originators’ Sales Process

ATLANTA, Ga., Oct. 29, 2020 (SEND2PRESS NEWSWIRE) -- Top of Mind Networks (Top of Mind), a leader in customer relationship management (CRM) and marketing automation software for the mortgage lending industry, announced its integration with digital mortgage point-of-sale solution Floify.

SimpleNexus ROI Calculator lets mortgage lenders accurately model the financial and operational benefits of investing in digital mortgage technology

LEHI, Utah, Oct. 29, 2020 (SEND2PRESS NEWSWIRE) -- SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers, real estate agents and settlement agents, today announced the availability of the SimpleNexus ROI Calculator.

LBA Ware Issues Q3 2020 Mortgage Loan Originator Compensation Report, Enhances Analysis with Addition of Loan Processor Compensation Data

MACON, Ga., Oct. 29, 2020 (SEND2PRESS NEWSWIRE) -- LBA Ware, a leading provider of incentive compensation management (ICM) and business intelligence software solutions for the mortgage industry, today released summary statistics on the state of mortgage industry compensation in the third quarter of 2020.

Promontory MortgagePath Launches Initiative to Help Minority-Owned Financial Institutions Expand Mortgage Credit Access to Underserved Communities

DANBURY, Conn., Oct. 29, 2020 (SEND2PRESS NEWSWIRE) -- Promontory MortgagePath LLC today launched its initiative to support minority depository institutions' (MDIs) efforts to expand access to credit and homeownership in underserved communities. Through this initiative, Promontory MortgagePath, a leading provider of comprehensive digital mortgage and tech-driven fulfillment solutions, will partner with minority-owned banks and credit unions.
Dominic Iannitti Honored with 2020 Lending Luminary Award

CEO Dominic Iannitti Honored with 2020 Lending Luminary Award by PROGRESS in Lending Association

TORRANCE, Calif. /California Newswire/ -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that that its president and CEO, Dominic Iannitti, was recognized as a Lending Luminary award winner in the second annual list of honorees. Winners were announced on Oct. 15 at the 10th annual ENGAGE event, which PROGRESS in Lending held virtually this year.

SimpleNexus Makes Top 10 in Two Independent Rankings of Utah’s Fastest-Growing Companies

LEHI, Utah, Oct. 27, 2020 (SEND2PRESS NEWSWIRE) -- SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers, real estate agents and settlement agents, earned a top-10 ranking in Utah Valley Business Q magazine's UV50 and MountainWest Capital's Utah 100, both lists of the fastest-growing companies in the state.

SimpleNexus Selects Mortgage Technology Expert Tracy Farber as Director of Solution Engineering

LEHI, Utah, Oct. 21, 2020 (SEND2PRESS NEWSWIRE) -- SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers, real estate agents and settlement agents, has recruited Tracy Farber as its director of solution engineering.

Community Development Bankers Association Endorses Promontory MortgagePath’s Mortgage Fulfillment Services, POS Technology

DANBURY, Conn., Oct. 21, 2020 (SEND2PRESS NEWSWIRE) -- Promontory MortgagePath LLC, a leading provider of comprehensive digital mortgage fulfillment services, announced today that the Community Development Bankers Association (CDBA) has officially endorsed its mortgage fulfillment services and proprietary point-of-sale technology Borrower Wallet.

Sente Mortgage Surpasses 20,000 Home Loans – Company Points to Unmatched 5-Star Experience

AUSTIN, Texas, Oct. 16, 2020 (SEND2PRESS NEWSWIRE) -- Sente Mortgage has helped over 20,000 families and individuals make their homeownership dreams a reality as of September 2020, the company announced today.

FormFree Receives US Patent for Its Ground-Breaking Approach to Credit Decisioning

ATHENS, Ga., Oct. 13, 2020 (SEND2PRESS NEWSWIRE) -- FormFree has been granted Patent Number 10,769,723 for its proprietary 'Systems and Methods for Electronic Account Certification and Enhanced Credit Reporting' by the United States Patent and Trademark Office.
MCT Business Intelligence

The MCT Business Intelligence Platform Gives Lenders Competitive Advantage with Actionable Insights

SAN DIEGO, Calif. /California Newswire/ -- MCT announced the upcoming launch of their Business Intelligence Platform, a powerful web-based analytics platform designed to empower lenders to understand the market, optimize their loan sales, and improve performance relative to their peers. The platform will be officially released and dem

Promontory MortgagePath Hires Theresa Sloan as Managing Director, National Mortgage Operations

DANBURY, Conn., Oct. 8, 2020 (SEND2PRESS NEWSWIRE) -- Promontory MortgagePath LLC, a leading provider of comprehensive digital mortgage origination and tech-driven fulfillment solutions, announced today it has hired industry veteran Theresa Sloan as Managing Director, National Mortgage Operations.

SimpleNexus Extends Ellie Mae Integration with Hybrid eClosings for Mortgage Lenders and Borrowers

LEHI, Utah, Oct. 7, 2020 (SEND2PRESS NEWSWIRE) -- SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers, real estate agents and settlement agents, today announced the availability of its recently launched hybrid eClosing feature on the Ellie Mae Digital Lending Platform.

VIP Mortgage Implements Surefire Power Messaging by Top of Mind, Generates Hundreds of Extra Deals in Q2 2020

ATLANTA, Ga., Oct. 7, 2020 (SEND2PRESS NEWSWIRE) -- Arizona-based independent mortgage lender VIP Mortgage reported that it has generated hundreds of extra deals in Q2 of 2020 with the help of Surefire Power Messaging from Top of Mind Networks (Top of Mind), a leader in customer relationship management (CRM) and marketing automation software for the mortgage lending industry.

Promontory MortgagePath’s Gene Ludwig Named 2020 HousingWire Vanguard

DANBURY, Conn., Oct. 7, 2020 (SEND2PRESS NEWSWIRE) -- HousingWire, a national news source for the mortgage and housing industry, has named Promontory MortgagePath LLC founder and CEO Gene Ludwig as a recipient of the 2020 Vanguard Award based on his innovative service to the housing, mortgage, and finance industry.

FormFree Enhances Encompass Consumer Connect® Integration with Auto-Population of Borrower Data into 1003 Loan Application

ATHENS, Ga., Oct. 6, 2020 (SEND2PRESS NEWSWIRE) -- FormFree today announced enhancements to the integration between its AccountChek verification service and Encompass Consumer Connect. Now, borrower data collected by AccountChek in Consumer Connect will automatically map to the Form 1003 (the Universal Residential Loan Application) in the Ellie Mae Digital Lending Platform, saving lenders time and relieving them of the frustration and risk associated with manual data entry.
Leslie Winick

Mortgage Capital Trading’s Leslie Winick wins 2020 HousingWire Vanguard Award

SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT), an industry-leading mortgage hedge advisory firm and developer of MCTlive!(R), announced that its Chief Strategy Officer, Leslie Winick, has been designated to HousingWire's Vanguard Award list for 2020.

FormFree CTO Brian Francis Listed Among Top Mortgage Executives as a 2020 HousingWire Vanguard Honoree

ATHENS, Ga., Oct. 2, 2020 (SEND2PRESS NEWSWIRE) -- FormFree today announced Chief Technology Officer Brian Francis has been named a 2020 HW Vanguard award winner, an honor given to 50 top executives leading the housing and mortgage finance industries. HW Vanguard honorees are chosen by HousingWire's editorial board based on their accomplishments in the last 12 months for their companies and the industry sector they represent.
Joe Langner President, ReverseVision

ReverseVision Pres. Joe Langner Honored as 2020 HousingWire Vanguard Award Recipient

SAN DIEGO, Calif. /California Newswire/ -- ReverseVision, the leading technology provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, today announced that company President Joe Langner has been named a 2020 HousingWire (HW) Vanguard award winner.
Rick Triola of NotaryCam

NotaryCam CEO Rick Triola Recognized as 2020 HousingWire Vanguard

NEWPORT BEACH, Calif. /California Newswire/ -- NotaryCam, the pioneering leader in online notarization and original provider of mortgage eClosing solutions, today announced that its founder and CEO Rick Triola has been named a 2020 Vanguard by housing finance trade publication HousingWire as part of its sixth annual HW Vanguard Awards program.

SimpleNexus Team Members enables mortgage lenders to fine-tune digital mortgage workflows, file permissions at the user level

LEHI, Utah, Oct. 1, 2020 (SEND2PRESS NEWSWIRE) -- SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers, real estate agents and settlement agents, today announced the release of SimpleNexus Team Members, a feature that allows lenders to work more efficiently by managing loan file permissions and employee workflows based on assigned user roles.

LBA Ware Signs RWM Home Loans as 100th Mortgage Lender Client Amid Continued Growth

MACON, Ga., Oct. 1, 2020 (SEND2PRESS NEWSWIRE) -- LBA Ware, a leading provider of incentive compensation management (ICM) and business intelligence (BI) software solutions for the mortgage industry, today welcomed its 100th CompenSafe client, RWM Home Loans. The San Diego-based independent mortgage bank is rolling out the mortgage-industry-specific platform to manage incentive compensation for its 100 loan originators (LO) and other recipients of variable compensation.

ACES Sees Surge in New Clients Through Q3 2020

DENVER, Colo., Oct. 1, 2020 (SEND2PRESS NEWSWIRE) -- ACES Quality Management (ACES), formerly known as ARMCO and the leading provider of enterprise quality management and control software for the financial services industry, announced today that it has experienced substantial client growth in 2020, increasing its number of new clients by 15%.

SimpleNexus CTO Dave Stevenson Wins 2020 HW Vanguard Award

LEHI, Utah, Oct. 1, 2020 (SEND2PRESS NEWSWIRE) -- SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers, real estate agents and settlement agents, today announced the selection of Chief Technology Officer Dave Stevenson as a 2020 HW Vanguard award winner. Now in its sixth year, the HW Vanguard awards program recognizes the 50 top executives leading the housing industry.

Top of Mind’s Surefire CRM Among Top Finishers in 2020 Digital Mortgage Demo Competition

ATLANTA, Ga., Sept. 30, 2020 (SEND2PRESS NEWSWIRE) -- Top of Mind Networks (Top of Mind), a leader in customer relationship management (CRM) and marketing automation software for the mortgage lending industry, was named second runner up in the demo competition at Arizent's 2020 Digital Mortgage conference, held September 14-17.
DocMagic and VirPack

DocMagic and VirPack Announce Integration of Fintech Platforms

TORRANCE, Calif. /California Newswire/ -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that that it has integrated its eSign platform with VirPack to facilitate the seamless exchange of loan files and docs for compliant eSigning through DocMagic's eSign platform.

VirPack and Mortgage Builder Announce Integration Built to Streamline the Digital Mortgage Process

MCLEAN, Va., Sept. 24, 2020 (SEND2PRESS NEWSWIRE) -- VirPack is pleased to announce a new partnership with Mortgage Builder, a Constellation Mortgage Solution Company and full loan lifecycle solution. This new integration will provide Mortgage Builder customers advanced workflow and document management capabilities, including optical character recognition that automates document recognition and data extraction to easily determine if data extracted from critical loan documents matches loan data in Mortgage Builder.

Global DMS Integrates EVO Appraisal Management Software with ProxyPics, Enabling Remote Real Estate Inspections

LANSDALE, Pa., Sept. 22, 2020 (SEND2PRESS NEWSWIRE) -- Global DMS, a leading provider of cloud-based appraisal management software, announced that it has integrated its new EVO platform, an innovative valuation technology that shatters the constraints of yesteryear software designs, with ProxyPics to provide its clients with a secure method of facilitating the delivery of photographs of a subject property when access to the property is unavailable.

Promontory MortgagePath Launches End-to-End Mortgage Origination, Fulfillment Platform for Community Financial Institutions

DANBURY, Conn., Sept. 22, 2020 (SEND2PRESS NEWSWIRE) -- Promontory MortgagePath LLC, a leading provider of comprehensive digital mortgage origination and tech-driven fulfillment solutions, announced today it has launched Transform, a new service delivery model bundling licensed loan coordinators, point-of-sale (POS) technology and fulfillment services to offer a complete mortgage operations platform from application to close.
HousingWire Honors DocMagic's Lori Johnson

HousingWire Honors DocMagic’s Lori Johnson with 2020 Insiders Award

TORRANCE, Calif. /California Newswire/ -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that its Director of Client Services, Lori Johnson, has been designated a 2020 Insider Award winner by HousingWire for her ongoing success with eClosing implementations.

The Future of Appraisal Form Filling Has Arrived with Nexus Level Forms

RED DEER, Alberta, Sept. 21, 2020 (SEND2PRESS NEWSWIRE) -- Anow is excited to announce the launch of Nexus, a simple, but sophisticated cloud-based form filler that's designed to help licensed real estate appraisers collectively work on appraisals in a live, multi-collaborative nature.

ACES Quality Management Q1 2020 Mortgage QC Trends Report: EPDs Rising, Critical Defect Rate Hits Three-Year Low

DENVER, Colo., Sept. 17, 2020 (SEND2PRESS NEWSWIRE) -- ACES Quality Management (ACES), formerly known as ARMCO and the leading provider of enterprise quality management and control software for the financial services industry, announced the release of the quarterly ACES Mortgage QC Trends Report.

Utah Business Ranks SimpleNexus 31st Among the State’s Fast 50

LEHI, Utah, Sept. 10, 2020 (SEND2PRESS NEWSWIRE) -- SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers, real estate agents and settlement agents, has placed 31st among Utah's Fast 50, a list of the state's 50 fastest-growing businesses as determined by Utah Business magazine.

ARMCO Rebrands as ACES Quality Management

DENVER, Colo., Sept. 10, 2020 (SEND2PRESS NEWSWIRE) -- ACES Risk Management (ARMCO), the leading provider of enterprise quality management and control software for the financial services industry, announced today the completion of its months-long rebranding effort to align the company's image with its expanded focus on quality and risk management for banks and credit unions, as well as independent mortgage lenders.

FormFree Adds SaaS Executive Tyler Brantley as Director of Implementation

ATHENS, Ga., Sept. 10, 2020 (SEND2PRESS NEWSWIRE) -- FormFree has hired SaaS sales executive Tyler Brantley as director of implementation. In this role, Brantley will serve as the internal liaison between FormFree's sales and operations teams and support revenue growth by working to ensure an ideal onboarding experience for every FormFree customer.

Maxwell adds underwriting and closing services to fulfillment platform

DENVER, Colo., Sept. 10, 2020 (SEND2PRESS NEWSWIRE) -- Digital mortgage platform Maxwell today announced it has added underwriting and closing services to the Maxwell Fulfillment Platform, enhancing the company's comprehensive suite of technology and outsourced services for small and midsize lenders.
ReverseVision’s Wendy Peel

Wendy Peel, VP at ReverseVision, Selected for a Most Powerful Women in Fintech Award by PROGRESS in Lending Association

SAN DIEGO, Calif. /California Newswire/ -- ReverseVision, the leading technology provider for the Home Equity Conversion Mortgage (HECM) and private reverse lending program market, today announced that company Vice President of Sales and Marketing Wendy Peel has been recognized as a Most Powerful Women in Fintech award honoree by PROGRESS in Lending Association.

SimpleNexus Taps Board Member Cathleen Schreiner Gates as Company President

LEHI, Utah, Sept. 8, 2020 (SEND2PRESS NEWSWIRE) -- SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers, real estate agents and settlement agents, today announced the appointment of Board Member Cathleen Schreiner Gates as company president.
Rick Triola of NotaryCam

NotaryCam CEO Rick Triola Receives 2020 October Research Innovation Award

NEWPORT BEACH, Calif. /California Newswire/ -- NotaryCam, the pioneering leader in online notarization and original provider of mortgage eClosing solutions, announced that its founder and CEO Rick Triola has received the 2020 October Research Award for Innovation for his innovations in and driving adoption of remote online notarization (RON) in the lending and title/settlement services industries.

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