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Tag: Mortgage News

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.

Simplifile Adds 46 Midwest, West Jurisdictions to E-recording Network

PROVO, Utah, Jan. 18, 2019 (SEND2PRESS NEWSWIRE) -- Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents and counties, today announced that 46 additional recording jurisdictions located in 13 states throughout the Midwest and Western U.S. have joined Simplifile's e-recording network.

LBA Ware CEO to Discuss Loan Originator Compensation Trends in Today’s Market at MBA Independent Mortgage Bankers Conference

MACON, Ga., Jan. 15, 2019 (SEND2PRESS NEWSWIRE) -- LBA Ware, provider of the leading automated compensation and sales performance management platform for mortgage lenders, today announced that its Founder and CEO Lori Brewer will be a panelist at the Mortgage Bankers Association's (MBA) 2019 Independent Mortgage Bankers (IMB) Conference, which will be held January 28-31 at the Hyatt Regency San Francisco.

Anow Closes 2018 with 110-percent Year-over-Year Increase in Orders Processed Through Its Digital Appraisal Office Management Technology

RED DEER, Alberta, Jan. 15, 2019 (SEND2PRESS NEWSWIRE) -- Digital appraisal management software developer Anow reported a record 110 percent year-over-year increase in appraisal orders processed through its core appraisal office management platform in 2018 despite an industry-wide, market-driven drop in orders per customer. The announcement follows a year punctuated by major product launches and enhancements as the growing firm continues to lead the appraisal industry in innovation.

SafeChain Digitizes Property Deed Transfer and Conveyance for Perry County, Ohio

COLUMBUS, Ohio, Jan. 15, 2019 (SEND2PRESS NEWSWIRE) -- SafeChain, the industry leader in wire fraud prevention software and blockchain implementation for land title, announced today it has completed the digital conversion of Perry County, Ohio's deed transfer and conveyance process between the engineer and auditor. Beginning January 7, the Perry County Engineer's office will be able to digitize property deeds before the inspection and mapping process.

ARMCO Launches ARMCO CARES Employee Donation Matching Program

POMPANO BEACH, Fla., Jan. 10, 2019 (SEND2PRESS NEWSWIRE) -- ACES Risk Management (ARMCO), the leading provider of enterprise financial risk management solutions, announced the launch of ARMCO CARES, the company's employee matching gift program.

The Cooksey Team Achieves 35 Percent Increase in Profitability in 2018 Despite Overall Mortgage Market Decline

DALLAS, Texas, Jan. 10, 2019 (SEND2PRESS NEWSWIRE) -- The Cooksey Team, a top-producing retail branch of Mid America Mortgage, Inc., announced today it has achieved year-over-year growth in volume and profitability for the sixth year running. In 2018, The Cooksey Team increased its overall volume by 27 percent over the previous year and increased the number of loan units closed by 28 percent.

Triserv Becomes a Preferred Partner of The Mortgage Collaborative

ROSWELL, Ga., Jan. 9, 2019 (SEND2PRESS NEWSWIRE) -- Triserv, a national appraisal management company (AMC), is proud to announce a strategic partnership with The Mortgage Collaborative to provide appraisal management services to the organization's growing lender member network.

Ohio’s Largest Title Agent Selects SafeWire by SafeChain

COLUMBUS, Ohio, Jan. 8, 2019 (SEND2PRESS NEWSWIRE) -- SafeChain, the industry leader in wire fraud prevention software and blockchain implementation for land title, announced today that Ohio Real Title, the largest title agent in the state, has selected its technology solution, SafeWire(TM), to securely facilitate real estate wire transactions for the firm's eight offices throughout Ohio.
Ashley Lundquist of Cloudvirga

Former Houzz and Drip leader, Ashley Lundquist, joins Cloudvirga as vice president of talent

IRVINE, Calif. /California Newswire/ -- Cloudvirga, a leading provider of digital mortgage software, today announced the appointment of Ashley Lundquist as vice president of talent. Lundquist will oversee the firm's initiatives to attract, develop and retain top technology talent as Cloudvirga rapidly expands its team.
The Mortgage Collaborative (TMC)

The Mortgage Collaborative Adds 44 New Lender Members in 2018, Now Growing Staff to Serve 2019 Expansion

SAN DIEGO, Calif. /California Newswire/ -- The Mortgage Collaborative (TMC), the mortgage industry's only independent cooperative, today announced it added 44 new lender member companies in 2018, its strongest year ever for new member growth. To help support the significant growth of their network, TMC has also added Sarah Oldani and Jennifer Haning to their staff.

ARMCO QC Trends Report: Defect Trends Indicate Continued Lender Downsizing

POMPANO BEACH, Fla., Dec. 20, 2018 (SEND2PRESS NEWSWIRE) -- ACES Risk Management (ARMCO), the leading provider of enterprise financial risk management solutions, announced the release of the quarterly ARMCO Mortgage QC Trends Report. The latest report provides loan quality findings for mortgages reviewed by ACES Audit Technology(tm) during the second quarter (Q2) of 2018.

United Community Bank Picks LBA Ware’s CompenSafe for Efficient, Flexible Automation of Loan Originator and Processor Commissions

MACON, Ga., Dec. 19, 2018 (SEND2PRESS NEWSWIRE) -- LBA Ware, provider of the leading automated incentive compensation and sales performance management platform for mortgage lenders, announced today that Georgia-based United Community Banks, Inc. (NASDAQ: UCBI) ("United") has deployed CompenSafe to automate loan originator (LO) and processor commissions.

Nations Valuation Services Integrates Anow Appraisal Management Software to Accelerate Turn Times and Elevate Customer Experience for Mortgage Lenders

RED DEER, Alberta and PRAIRIE VILLAGE, Kan., Dec. 5, 2018 (SEND2PRESS NEWSWIRE) -- Nations Valuation Services (NVS), the appraisal services division of the Nations Companies, today announced the integration of appraisal management software from Anow with NVS' proprietary management system, AppraisalTRAX.
Cloudvirga CEO Michael Schreck

Cloudvirga CEO Michael Schreck honored by HousingWire with 2018 Vanguard Award

IRVINE, Calif. /California Newswire/ -- Cloudvirga(TM), a leading provider of digital mortgage software, today announced that CEO Michael Schreck is a recipient of HousingWire's 2018 HW Vanguard Award(TM). Now in its fourth year, the Vanguard Awards spotlight the housing finance industry's most successful and influential executives.

David Lykken Celebrated by HousingWire as a 2018 Vanguard Award Honoree

AUSTIN, Texas, Dec. 4, 2018 (SEND2PRESS NEWSWIRE) -- Leading mortgage industry management consulting firm Austin, Texas-based Transformational Mortgage Solutions (TMS), today announced that Founder and Chief Transformational Officer David Lykken has been named a 2018 Vanguard Award honoree by HousingWire (HW) magazine.

Simplifile’s Mark Ladd Named 2018 HousingWire Vanguard

PROVO, Utah, Dec. 4, 2018 (SEND2PRESS NEWSWIRE) -- Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, announced today that Vice President of Regulatory and Industry Affairs Mark Ladd has been recognized by HousingWire magazine in its fourth annual HW Vanguard Awards(TM) program.

FormFree President and Housing Finance Icon Faith Schwartz Receives 2018 HousingWire Vanguard Award

ATHENS, Ga., Dec. 3, 2018 (SEND2PRESS NEWSWIRE) -- FormFree announced today that Faith Schwartz, a member of FormFree's board of directors and the company's acting president, has been honored with HousingWire's 2018 HW Vanguard Award in recognition of her career contributions to the housing finance industry.
MQMR President Michael Steer

MQMR President Michael Steer Named Mortgage Industry ‘Vanguard’ by HousingWire Magazine

LOS ANGELES, Calif. /California Newswire/ -- Mortgage Quality Management and Research, LLC (MQMR) announced today that its President Michael Steer has been recognized by HousingWire magazine in its fourth annual 2018 HW Vanguard Awards(TM) program. Steer was honored for his efforts in building a diverse workforce and establishing a strong corporate culture that values employee feedback and community service.
NotaryCam’s Rick Triola

NotaryCam’s Rick Triola Named A 2018 HousingWire Vanguard

NEWPORT BEACH, Calif. /California Newswire/ -- NotaryCam, the leader in online notarization and original provider of mortgage eClosing solutions, today announced that its Founder and CEO Rick Triola has been named a 2018 Vanguard by HousingWire magazine as part of its fourth annual HW Vanguards Awards program. In the magazine's profile on Triola, the HousingWire editorial staff noted Triola's role as a "pioneer in the field of digital mortgages."

LBA Ware CEO Lori Brewer Receives 2018 HousingWire Vanguard Award for Innovation in Mortgage Tech

MACON, Ga., Dec. 3, 2018 (SEND2PRESS NEWSWIRE) -- LBA Ware, provider of the leading automated incentive compensation and sales performance management platform for mortgage lenders, announced today that company Founder and CEO Lori Brewer is a recipient of HousingWire's 2018 HW Vanguard Award.
James Vinci of Cloudvirga

Cloudvirga taps former Altisource CTO James Vinci as Executive VP of Technology

IRVINE, Calif. /California Newswire/ -- Cloudvirga(TM), a leading provider of digital mortgage software, today announced that mortgage industry veteran James Vinci has been selected to fill the firm's newly created executive vice president of technology position. In this role, Vinci will execute Cloudvirga's technical vision, oversee initiatives to strengthen developer talent and collaborate across departments to scale technical initiatives to the company's explosive growth.
LBA WARE

LBA Ware Recruits Veteran Mortgage Compensation Leader Mari Denton as Director of Client Success

MACON, Ga., Nov. 27, 2018 (SEND2PRESS NEWSWIRE) -- LBA Ware, the leading provider of automated incentive compensation and sales performance management software for mortgage lenders, today announced the appointment of Mari Denton as director of client success. An experienced finance professional, Denton has spent the last decade of her career in senior roles at some of the nation's largest banks and independent mortgage lenders.

SafeChain Adds Blockchain to SafeWire to Further Safeguard Real Estate Wire Transactions

COLUMBUS, Ohio, Nov. 15, 2018 (SEND2PRESS NEWSWIRE) -- SafeChain, the industry leader in wire fraud prevention software for land title, announced today it has added blockchain to its wire fraud prevention platform SafeWire, making the company the first in the industry to do so. The addition of blockchain to SafeWire provides increased security for real estate wire transactions by ensuring fraudsters cannot tamper with wiring instructions undetected.
Cloudvirga's Jesse Decker

Former Roostify exec Jesse Decker joins Cloudvirga as chief customer success officer

IRVINE, Calif. /California Newswire/ -- Cloudvirga, a leading provider of digital mortgage software, today announced the appointment of Jesse Decker to the role of chief customer success officer. Decker will lead the company's customer success division and work collaboratively with its product development and marketing teams to help leading mortgage lenders leverage the full potential of Cloudvirga's revolutionary point-of-sale (POS) products.

Simplifile’s Nancy Alley Lauded as One of Mortgage Banking’s Most Powerful Women by National Mortgage Professional

PROVO, Utah, Nov. 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 Vice President of Strategic Planning Nancy Alley was recognized by National Mortgage Professional Magazine on its 2018 list of Mortgage Banking's Most Powerful Women.

IDS Promotes Clint Salisbury to Sales and Marketing Team, Travis Carroll to Head of Implementation

SALT LAKE CITY, Utah, Nov. 9, 2018 (SEND2PRESS NEWSWIRE) -- Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it has promoted two employees to provide additional support in mission-critical areas of the organization. Former Manager of Implementation Clint Salisbury has moved to the Sales and Marketing team, and Travis Carroll, who previously worked on IDS's Integrations team, has moved into Salisbury's role as head of the Implementation department.

Simplifile Adds 30 Northeastern, Mid-Atlantic Jurisdictions To E-recording Network

PROVO, Utah, Nov. 8, 2018 (SEND2PRESS NEWSWIRE) -- Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, today announced that 30 additional recording jurisdictions located in nine states throughout the Northeastern and Mid-Atlantic U.S. have joined Simplifile's e-recording network.

Cloudvirga’s Michael Schreck and Kyle Kamrooz lauded among Orange County’s most influential business leaders for 2018

IRVINE, Calif. /California Newswire/ -- Cloudvirga(TM), a leading provider of digital mortgage software, today announced that company CEO Michael Schreck and Co-founder Kyle Kamrooz have been named to Orange County Business Journal's "OC 500" list of the most influential business leaders in Orange County, California.
Mortgage Capital Trading - MCT

Mortgage Capital Trading to Secure Sensitive Borrower Data Exposed in 90 Percent of Secondary Market Transactions

SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that it is incorporating the company's patent-pending geocoding technology into its Bid Auction Manager(TM) (BAM) whole loan trading platform in order to shield borrower addresses from being shared with non-buying entities throughout the whole loan bidding process.

Kara Lamphere of Mid America Mortgage Named to Mortgage Banking’s Most Powerful Women

ADDISON, Texas, Nov. 2, 2018 (SEND2PRESS NEWSWIRE) -- Mid America Mortgage, Inc. (Mid America) announced today that Chief Operating Officer Kara Lamphere was named to National Mortgage Professional (NMP) magazine's 2018 list of Mortgage Banking's Most Powerful Women.
LBA WARE

MReport Names LBA Ware Among Mortgage Industry’s Top 25 Employers

MACON, Ga., Nov. 2, 2018 (SEND2PRESS NEWSWIRE) -- LBA Ware, the leading provider of automated compensation software and systems integration solutions for mortgage lenders, announced today that it has been named to MReport's inaugural list of the Top 25 Companies to Work For in mortgage and housing.

QRL Financial Leverages DocMagic eVault Technology to Purchase eNotes from Correspondent Clients

ANAHEIM, Calif. /California Newswire/ -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that QRL Financial Services (QRL), a nationwide provider of residential mortgage lending services for community banks and credit unions, has leveraged its eVault technology to purchase eNotes. The announcement was made during the 24th Annual CUNA Lending Council Conference.

New Britain Mortgage Appoints Brian Giardino as CEO

CHALFONT, Pa., Oct. 29, 2018 (SEND2PRESS NEWSWIRE) -- A Pennsylvania-based mortgage company, New Britain Mortgage, LLC, a subsidiary of Merck Sharp & Dohme Federal Credit Union (MSDFCU), is excited to announce that Brian Giardino has joined the firm as CEO.

ReverseVision Vice President Wendy Peel Recognized as One of Mortgage Banking’s Most Powerful Women of 2018

SAN DIEGO, Calif. /California Newswire/ -- ReverseVision, the leading provider of technology and training for the reverse mortgage industry, announced today that Vice President of Sales and Marketing Wendy Peel has been honored by National Mortgage Professional (NMP) Magazine as one of Mortgage Banking's Most Powerful Women.

FormFree’s Faith Schwartz Named Among Mortgage Banking’s Most Powerful Women

ATHENS, Ga., Oct. 25, 2018 (SEND2PRESS NEWSWIRE) -- FormFree today announced that National Mortgage Professional (NMP) magazine has named Acting President Faith Schwartz to the publication's inaugural list of Mortgage Banking's Most Powerful Women.

Lori Brewer of LBA Ware Honored as One of Mortgage Banking’s Most Powerful Women

MACON, Ga., Oct. 25, 2018 (SEND2PRESS NEWSWIRE) -- LBA Ware, the leading provider of automated compensation software and systems integration solutions for mortgage lenders, today announced that company Founder and CEO Lori Brewer has been honored by National Mortgage Professional (NMP) magazine as one of Mortgage Banking's Most Powerful Women.
Mortgage Capital Trading - MCT

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.

News: Digital Mortgage Maven Kelly Purcell Joins NotaryCam as EVP of Marketing and Business Development

NEWPORT BEACH, Calif. /California Newswire/ -- NotaryCam, leader in online notarization and the original provider of mortgage eClosing solutions, today announced that the company has hired digital mortgage specialist Kelly Purcell as Executive Vice President of Marketing and Business Development.

Secure Insight Creates National eClosing Training Program Using DocMagic’s Total eClose Solution

WASHINGTON, D.C., Oct. 15, 2018 (SEND2PRESS NEWSWIRE) -- Secure Insight, a New Jersey-based data intelligence and vendor management firm, announced today at the MBA's Annual Convention and Expo that it teamed with DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, to develop and host an online training program.

FormFree and Freddie Mac Partner to Automate Income and Asset Assessment to Speed Origination Process

ATHENS, Ga., Oct. 15, 2018 (SEND2PRESS NEWSWIRE) -- Freddie Mac has named FormFree a designated third-party service provider for automated income and asset assessment capabilities. The announcement came as the GSE unveiled new enhancements to Loan Advisor(SM) at the Mortgage Bankers Association's Annual Convention and Expo in Washington, D.C.
Cloudvirga

Cloudvirga Selected to Demo Mobile POS at 2018 MBA Annual Conference and Expo in Washington, DC

IRVINE, Calif. /California Newswire/ -- Cloudvirga, a leading provider of digital mortgage software, announced that it has been selected to demo its recently launched Mobile POS at the Mortgage Bankers Association's Annual Conference & Expo 2018, taking place October 14-17 at the Walter E. Washington Convention Center in downtown Washington, D.C.

Dallas-based Ainsworth Advisors Lands Top-Tier Mortgage Business Leaders to Guide Long Range Growth for Lenders

DALLAS, Texas, Oct. 12, 2018 (SEND2PRESS NEWSWIRE) -- Ainsworth Advisors, LLC, a group of veteran mortgage industry leaders offering strategic and tactical advice, helping improve efficiencies and developing strong leadership teams for world-class mortgage lending businesses, today announced it has deepened its bench strength with unparalleled expertise in key operations and planning areas.

LoanBeam and FormFree Partner to Automate Income Extraction, Calculation for Mortgage Lenders

ATHENS, Ga., Oct. 12, 2018 (SEND2PRESS NEWSWIRE) -- Automated verification provider FormFree has partnered with LoanBeam, the leader in automated income extraction and calculation, to make it easy for mortgage lenders to solve two of their toughest underwriting challenges: collecting digital borrower financial data directly from the source and calculating qualified income with accuracy, consistency and efficiency.
OPENCLOSE

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.

Mid America Mortgage Hires Pamela Misner to Manage Underwriting on West Coast

ADDISON, Texas, Oct. 10, 2018 (SEND2PRESS NEWSWIRE) -- Mid America Mortgage, Inc. (Mid America) Owner and Chief Executive Officer Jeff Bode announced the firm has retained Pam Misner as Underwriting Manager. With nearly 30 years of mortgage expertise, Misner will direct Mid America's mortgage loan underwriting and collaborating on the expansion of origination and production teams for Mid America's West Coast branches.

LBA Ware’s Lori Brewer to Moderate Panel on Data-Driven Best Practices for Mortgage Lender Staffing at MBA Annual 2018 in D.C.

MACON, Ga., Oct. 9, 2018 (SEND2PRESS NEWSWIRE) -- LBA Ware, the leading provider of automated compensation software and systems integration solutions for mortgage lenders, today announced that company Founder and CEO Lori Brewer will moderate a panel on the science of staffing a mortgage business at the 2018 Mortgage Bankers Association (MBA) Annual Convention and Expo, which takes place October 14-17 at the Walter E. Washington Convention Center in Washington, D.C.

FormFree to Host James Deitch Book Signing at 2018 MBA Annual Convention in D.C.

ATHENS, Ga., Oct. 8, 2018 (SEND2PRESS NEWSWIRE) -- Automated verification provider FormFree and co-sponsors LexisNexis Risk Solutions, LoanBeam, SingleSource and Teraverde will host a book signing and networking event featuring James Deitch, CPA, CMB, at the Mortgage Bankers Association's Annual Convention and Expo being held Oct. 14-17, 2018 in Washington, D.C.
The Mortgage Collaborative (TMC)

For Q418, The Mortgage Collaborative Expands Benchmark, Collaboration Labs and Working Group Member Engagement Initiatives

SAN DIEGO, Calif. /California Newswire/ -- The Mortgage Collaborative (TMC), the nation's only independent mortgage cooperative, today announced that they have added and expanded upon several of their member benefits. With the continued growth of their national lender member network, TMC has increased the size and scope of their engagement programs to offer even more opportunities for their members to network and collaborate.
Mortgage Capital Trading - MCT

Mortgage Capital Trading Adds Investors to Bid Tape AOT Tri-Party Agreement Automation in its Bid Auction Manager (BAM) Platform

SAN DIEGO, Calif., Oct. 5, 2018 (SEND2PRESS NEWSWIRE) -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that new investor bid tape assignment-of-trade (AOT) loan sale executions are now available for sellers using its BAM whole loan trading platform.

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