Tag: Mortgage News - Page 30
First eClosing Transaction in North Carolina: Mid America Mortgage Purchases eNote
ADDISON, Texas, May 25, 2017 (SEND2PRESS NEWSWIRE) -- Mid America Mortgage, Inc. (Mid America) announced today it has purchased the eNote from North Carolina's first eMortgage transaction. The transaction, which was completed entirely electronically on May 5, was a refinance for a property in Winston-Salem and was executed by Hickory-based North State Bank. Upon completion of the closing, Mid America was able to purchase the resulting eNote within one business day after receiving the final loan package.
To Help Settlement Agents and Recorders, Simplifile Adds 14 Counties in American Northeast to Its Network
PROVO, Utah, May 24, 2017 (SEND2PRESS NEWSWIRE) -- Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, has added more than a dozen new recording jurisdictions in five states across the American Northeast to its e-recording network, the nation's largest.
Ann Fulmer Joins FormFree in Atlanta as Chief Strategy Officer
ATLANTA, Ga., May 23, 2017 (SEND2PRESS NEWSWIRE) -- FormFree(R) today announced that it has hired mortgage loan quality subject matter expert and analyst Ann Fulmer as its chief strategy and industry relations officer. FormFree's flagship product, AccountChek(R), is an asset verification app that streamlines the loan underwriting process for both borrowers and lenders, resulting in higher borrower satisfaction and shaving more than a week off the time it takes to close a loan.
IDS Inc. Receives Certification from Fannie Mae, Freddie Mac for Its UCD XML File
SALT LAKE CITY, Utah, May 19, 2017 (SEND2PRESS NEWSWIRE) -- Mortgage document preparation vendor International Document Services, Inc. (IDS), announced its Uniform Closing Dataset (UCD) XML file has been certified to meet all UCD requirements by both Fannie Mae and Freddie Mac ahead of the GSE's September 25 deadline for UCD delivery. To have its UCD XML file certified by the GSEs, IDS underwent an extensive testing process to ensure the dataset was delivered in a GSE-acceptable format.
DocMagic Total eClose Solution Facilitates First North Carolina State Sponsored eClosing
TORRANCE, Calif. /California Newswire/ -- DocMagic, Inc., the mortgage industry's leading provider of document production, automated compliance and comprehensive eMortgage services, announced that it completed North Carolina's first 100 percent paperless eClosing. The DocMagic-driven eClosing was completed on Friday, May 5th at North State Bank and was carried out in the presence of borrowers Jason and Karen Boccardi, the North Carolina Secretary of State, a closing paralegal, an eNotary, and members of the media who documented the historical event.
AccountChek by FormFree Holdings Automates Asset Verification for Users of Black Knight Financial Services’ LoanSphere Empower
ATLANTA, Ga., May 16, 2017 (SEND2PRESS NEWSWIRE) -- FormFree(R) today announced the direct integration of its AccountChek(R) automated asset verification service with the LoanSphere(R) Empower(R) loan origination system (LOS) offered by Black Knight Financial Services, a leading provider of integrated technology, data and analytics to the mortgage and real estate industries.
Arbor Day Foundation and Simplifile partner to Plant Trees for 2017 Earth Month
PROVO, Utah, May 8, 2017 (SEND2PRESS NEWSWIRE) -- Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, has partnered with the Arbor Day Foundation to plant more than 2,300 trees in Goethe State Forest (Florida) in honor of Arbor Day 2017 and April's worldwide Earth Month celebration.
New Legislation Enables Massachusetts Jurisdictions to Electronically Record Land Court Documents
PROVO, Utah, April 27, 2017 (SEND2PRESS NEWSWIRE) -- Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, announced that it is now electronically recording Land Court documents in the Commonwealth of Massachusetts for the first time.
Mid America Mortgage Purchases $2.7B in Mortgage Servicing Rights for Government Loans
ADDISON, Texas, April 27, 2017 (SEND2PRESS NEWSWIRE) -- Mid America Mortgage, Inc. (Mid America) announced today it has acquired the mortgage servicing rights (MSRs) for $2.7 billion in government loans. The portfolio includes a number of delinquent VA- and FHA-insured loans.
Ventana Home Mortgage, LLC Partners with OpenClose to Launch its Mortgage Conduit Business
WEST PALM BEACH, Fla., April 27, 2017 (SEND2PRESS NEWSWIRE) -- OpenClose, an enterprise-class, multi-channel loan origination system (LOS) and mortgage software solutions provider, announced that Ventana Home Mortgage, LLC a residential mortgage conduit aggregator with a focus on the non-QM market, has signed with the company to utilize its OC Correspondent(TM) module. The web-based, turnkey solution will fully automate Ventana's new conduit business, and is expected to do so in less than 45 days.
Simplifile Adds Toni Carroll as National Settlement Account Manager
PROVO, Utah, April 26, 2017 (SEND2PRESS NEWSWIRE) -- Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, announced it has hired title and settlement industry veteran Toni Carroll as national settlement account manager. In this position, Carroll will maintain and improve Simplifile's settlement software vendor relationships while supporting the sales effort to deliver Settlement Collaboration to the real estate industry.
ARMCO ACES Audit Technology Brings New Efficiency to The Barrent Group’s Mortgage Quality Assurance Offering
POMPANO BEACH, Fla., April 25, 2017 (SEND2PRESS NEWSWIRE) -- ACES Risk Management (ARMCO), the leading provider of financial quality control and compliance software, announced that its ACES (Automated Compliance and Evaluation System) Audit Technology has streamlined quality control (QC) loan reviews for The Barrent Group, a rapidly growing provider of outsourced loan quality assurance reviews and services. ARMCO's solution significantly reduces The Barrent Group's auditing times, reduces risk, ensures compliance and streamlines its mortgage quality control process for clients.
The Mortgage Collaborative President David G. Kittle Issues Statement Supporting MBA GSE Reform Proposal
SAN DIEGO, Calif. /California Newswire/ -- On behalf of its network of lenders, David G. Kittle, CMB, president and vice chairman, The Mortgage Collaborative, has issued the following statement on the Mortgage Bankers Association's (MBA) release of its GSE Reform proposal, "GSE Reform: Creating a Sustainable, More Vibrant Secondary Mortgage Market":
Simplifile VP Nancy Alley Honored as 2017 ‘Tech All-Star’ by Mortgage Bankers Association
PROVO, Utah, March 28, 2017 (SEND2PRESS NEWSWIRE) -- Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, announced that Simplifile Vice President of Strategic Planning Nancy Alley was one of five mortgage technology innovators honored by the Mortgage Bankers Association (MBA) as a 2017 MBA Insights Tech All-Star.
Cloudvirga Welcomes AccountChek Asset Verification into Its intelligent Mortgage Platform
ATLANTA, Ga., March 22, 2017 (SEND2PRESS NEWSWIRE) -- FormFree today announced that cloudvirga(SM), developer of the automated, cloud-based intelligent Mortgage Platform(R) (iMP), has selected AccountChek(TM) for automated asset verification. Cloudvirga's custom integration of AccountChek into the iMP collects borrower account information early in the loan application process and offers a seamless asset verification experience.
Fintech Innovators, LBA Ware Adds Matthew Marshall as Solutions Consultant
MACON, Ga., March 22, 2017 (SEND2PRESS NEWSWIRE) -- LBA Ware(TM), a leading provider of automated compensation software and systems integration solutions for mortgage lending and retail banking, announced it has hired Matthew Marshall as a solutions consultant to support the firm's sales efforts. In this role, Marshall will be responsible for articulating the value proposition of LBA Ware's solutions.
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.
ARMCO Honored as a 2017 HW TECH100 Mortgage Technology Vendor for Third Straight Year
POMPANO BEACH, Fla., March 15, 2017 (SEND2PRESS NEWSWIRE) -- ACES Risk Management (ARMCO), the leading provider of financial quality control and compliance software, announced that HousingWire has again recognized ARMCO as a top 100 mortgage technology provider. The annual HW TECH100(TM) is designed to recognize the most innovative technology firms in the U.S. housing economy.
Marking Major Milestone, The Mortgage Collaborative Welcomes 100th Lender Member
SAN DIEGO, Calif. /California Newswire/ -- The Mortgage Collaborative, the nation's only independent mortgage cooperative, announced today that the 100th lender member joined the organization, a milestone reached following their recent Winter Lender Member Conference in Scottsdale, Ariz.
Record Attendance Expected at 101st Annual Texas Mortgage Bankers Association Convention
AUSTIN, Texas, March 13, 2017 (SEND2PRESS NEWSWIRE) -- The Texas Mortgage Bankers Association (TMBA) announced today the location and dates of its 101st Annual Convention. This year's conference - "Defining Our Future" - will be held at the Hyatt Regency Hill Country Resort and Spa in San Antonio, Texas on May 21 - 23, 2017.
Florida’s OpenClose Named a 2017 Top 100 Mortgage Employer by NMP
WEST PALM BEACH, Fla., March 9, 2017 (SEND2PRESS NEWSWIRE) -- OpenClose, a multi-channel loan origination system (LOS) mortgage software provider, announced that it earned a spot on National Mortgage Professional magazine's (NMP) annual Top 100 Mortgage Employers list for 2017.
International Document Services (IDS) Achieves Sustained Mortgage Document Preparation Growth in 2016
SALT LAKE CITY, Utah, March 9, 2017 (SEND2PRESS NEWSWIRE) -- Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it has achieved another year of sustained growth, increasing its total document volume by 55 percent over 2015. IDS also experienced a 43 percent increase in initial disclosure volume and a 73 percent increase in the use of its E-Signature technology. The company also acquired eMortgage vendor Encomia in September.
Simplifile Announces Collaboration with Ellie Mae for Encompass Mortgage Management Solution
PROVO, Utah, Mar. 6, 2017 (SEND2PRESS NEWSWIRE) -- Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, announced that its Collaboration and Post Closing services will be available this month through Ellie Mae's Encompass(r) all-in-one mortgage management solution.
LBA Ware Included on 2017 HW TECH100 – Third Consecutive Year Honored
MACON, Ga., March 1, 2017 (SEND2PRESS NEWSWIRE) -- LBA Ware(TM), a leading provider of automated compensation software and system integration solutions, announced that it has been named to the 2017 HW TECH100(TM) list published by housing industry trade magazine HousingWire. This is the third consecutive year LBA Ware has been included on the HW TECH100.
International Document Services, Inc. (IDS) Makes Fourth Appearance on HW TECH100
SALT LAKE CITY, Utah, March 1, 2017 (SEND2PRESS NEWSWIRE) -- Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it has been named to the 2017 HW TECH100(TM) list published by mortgage industry trade magazine HousingWire. IDS was part of the inaugural TECH100 list in 2014, and 2017 marks the fourth consecutive year IDS has made the list.
Maxwell Financial Labs Recognized with 2017 HousingWire HW TECH100 Award
DENVER, Colo., March 1, 2017 (SEND2PRESS NEWSWIRE) -- Maxwell, the emerging leader of digital mortgage automation software, announced today that it has been recognized as one of HousingWire's TECH100(TM) for 2017. Maxwell empowers mortgage lenders to be more connected, productive and successful by intelligently automating their workflow with homebuyers and real estate agents. (Press Release)
ARMCO’s Mortgage QC Industry Trends Report for Q3/16 Reveals Both Increases and Decreases in Key Areas of Loan Defects
POMPANO BEACH, Fla., March 1, 2017 (SEND2PRESS NEWSWIRE) -- ACES Risk Management (ARMCO), the leading provider of financial quality control and compliance software, announced that it has released its ARMCO Mortgage QC Industry Trends report for the third quarter of 2016. Using the Fannie Mae loan defect taxonomy, the report analyzes post-closing quality control data from loan files and findings captured by the ACES Analytics benchmarking system. (Press Release.)
Global DMS Welcomes Industry Veteran Julie Bussey as a Director of National Accounts
LANSDALE, Pa., Feb. 23, 2017 (SEND2PRESS NEWSWIRE) -- Global DMS, a leading provider of cloud-based compliant valuation management software, announced that Julie Bussey has joined the company as national accounts director. In this businesses development position, she will play an instrumental role in introducing Global DMS' suite of automated valuation management technology solutions to the mortgage lending industry.
ARMCO Named One of America’s ‘Top Mortgage Companies to Work For’ by NMP Magazine
POMPANO BEACH, Fla., Feb. 21, 2017 (SEND2PRESS NEWSWIRE) -- ACES Risk Management (ARMCO), the leading provider of financial quality control and compliance software, announced that it earned a spot on National Mortgage Professional magazine's (NMP) annual Top 100 Mortgage Employers list for 2017.
National Mortgage Professional Names Global DMS as a 2017 Top Mortgage Company to Work For
LANSDALE, Pa., Feb. 16, 2017 (SEND2PRESS NEWSWIRE) -- Global DMS, a leading provider of cloud-based compliant valuation management software, announced that it was named to National Mortgage Professional (NMP) magazine's annual "Top 100 Mortgage Employers" list for 2017.
IDS Inc. Updates Borrower Data Collection Fields, Supports MISMO 3.4 for HMDA Compliance
SALT LAKE CITY, Utah, Feb. 16, 2017 (SEND2PRESS NEWSWIRE) -- Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it has updated its flagship mortgage doc prep platform idsDoc to include new borrower data collection fields that support compliance with the 2018 changes to Home Mortgage Disclosure Act (HMDA) reporting.
Quandis Court Connect, QCC, integrated with KMCIS CaseAware Case Management System
GRAPEVINE, Texas, Feb. 15, 2017 (SEND2PRESS NEWSWIRE) -- MBA National Mortgage Servicing Conference & Exposition - Quandis, Inc., a leading default management mortgage technology provider, announced at the MBA's yearly servicing conference being held at the Gaylord Texas Hotel that it has seamlessly integrated its court case search solution, dubbed Quandis Court Connect (QCC), with KMC Information Systems, L.C.'s (KMCIS) CaseAware(R) case management system (CMS) for law firms.
ARMCO Adds New Capabilities to its ACES Audit Technology, will demo at MBA National Mortgage Servicing Conference
GRAPEVINE, Texas, Feb. 14, 2017 (SEND2PRESS NEWSWIRE) -- MBA National Mortgage Servicing Conference & Exposition - ACES Risk Management (ARMCO), the leading provider of financial quality control and compliance software, announced at the MBA's annual servicing conference being held at the Gaylord Texan Hotel, that it has added to and enhanced business user-friendly configuration functionality to its award-winning ACES Audit Technology(TM) solution.
Simplifile E-recording Network Gains 43 New Counties and Parishes across Southern and Midwestern United States
PROVO, Utah, Feb. 9, 2017 (SEND2PRESS NEWSWIRE) -- Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, announced it has added 43 counties and parishes across the Southern and Midwestern United States to its e-recording network. All of the counties, which span 18 states, joined Simplifile's network in the last quarter of 2016 or first quarter of 2017, with most signing on in just the last two months.
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.
FormFree Voted Among ‘Best in Show’ at Digital Mortgage Conference in San Francisco
ATLANTA, Ga., Jan. 30, 2017 (SEND2PRESS NEWSWIRE) -- FormFree today announced it was selected as one of the top demos of the inaugural Digital Mortgage Conference, presented by National Mortgage News and held December 8-9, 2016, in San Francisco.
Simplifile Integrates Collaboration, Post Closing Services with LendingQB Loan Origination Software
PROVO, Utah, Jan. 18, 2017 (SEND2PRESS NEWSWIRE) -- Simplifile, a leading provider of real estate document and data collaboration and recording technologies for lenders, settlement agents, and counties, today announced the integration of its Collaboration and Post Closing services with LendingQB, a provider of 100 percent web browser-based, end-to-end mortgage loan origination software.
Simplifile Collaboration Service selected by Freedom Mortgage Wholesale Division
PROVO, Utah, Jan. 10, 2017 (SEND2PRESS NEWSWIRE) -- Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, today announced that Freedom Mortgage has begun using the Simplifile Collaboration service in its wholesale division to quickly and easily exchange data with its settlement partners.
Four New Counties Adopt Simplifile SaaS as Wyoming Authorizes E-recording Statewide
PROVO, Utah, Jan. 5, 2017 (SEND2PRESS NEWSWIRE) -- Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, today announced that four new Wyoming counties have joined Simplifile's e-recording network following the January 1 passage of a law authorizing e-recording statewide.
OpenClose President JP Kelly Named to HousingWire 2016 Vanguard Award List
WEST PALM BEACH, Fla., Dec. 22, 2016 (SEND2PRESS NEWSWIRE) -- OpenClose, an enterprise-class, multi-channel loan origination system (LOS) provider, announced that HousingWire honored its president, JP Kelly, with its second annual Vanguard Award. The list recognizes highly successful executives who are making a positive difference in their respective fields across the mortgage industry.
Vladimir Bien-Aime Honored with 2016 Vanguard Award
LANSDALE, Pa., Dec. 15, 2016 (SEND2PRESS NEWSWIRE) -- Global DMS, a leading provider of cloud-based compliant valuation management solutions, announced that its president and CEO, Vladimir Bien-Aime, was selected as one of HousingWire's 2016 Vanguard Award winners. The program is now in its second year, with 40 highly accomplished executives earning a spot on the 2016 list.
To Reinvent Mortgage Experience, Maxwell Financial Labs Announces $1.95M in Funding
DENVER, Colo., Dec. 14, 2016 (SEND2PRESS NEWSWIRE) -- Maxwell Financial Labs, Inc. announced today it had secured $1.95M in funding, with anchor investors MATH Venture Partners, Techstars Ventures, Zelkova Ventures and Sovereign's Capital. The funding follows on the heels of Maxwell's commercial launch on August 16.
Appraiser Dashboard Shortens Appraisal Turnaround Times for Lenders and Appraisal Management Companies
SEATTLE, Wash., Dec. 13, 2016 (SEND2PRESS NEWSWIRE) -- Appraiser Dashboard, a provider appraisal technology, has announced the launch of its namesake appraisal workflow and networking technology. Appraiser Dashboard is the industry's first appraiser-facing technology that automatically informs AMCs (appraisal management companies) and lenders each time the appraiser user takes action in the appraisal process.
ReverseVision President and CEO John Button named a 2016 Vanguard Award Winner
SAN DIEGO, Calif. /California Newswire/ -- ReverseVision, the leading provider of software and technology for the reverse mortgage industry, today announced that its President and CEO John Button has been selected as a 2016 Vanguard Award(TM) winner by HousingWire magazine. Button was recognized for his excellence as a business leader as well as his overall contributions to the reverse mortgage industry and U.S. housing economy.
HousingWire Names Simplifile President Paul Clifford a 2016 Vanguard Award Winner
PROVO, Utah, Dec. 1, 2016 (SEND2PRESS NEWSWIRE) -- Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, today announced that company President Paul Clifford has been honored with HousingWire magazine's 2016 Vanguard Award(TM). Clifford was recognized for his leadership in residential mortgage e-recording and collaboration technologies and for his overall contributions to the U.S. housing economy.
FormFree CEO Brent Chandler Receives 2016 HW Vanguard Award from HousingWire for Mortgage Industry Leadership
ATLANTA, Ga., Dec. 1, 2016 (SEND2PRESS NEWSWIRE) -- FormFree today announced that its CEO and founder Brent Chandler has been recognized by HousingWire magazine in its second annual HW Vanguard Awards(TM) program. Created to recognize outstanding leadership in the housing and mortgage finance sectors, this year's awards honored 40 C-level and business unit executives.
Mid America Mortgage CEO Jeff Bode Named 2016 Mortgage Industry ‘Vanguard’ by HousingWire
ADDISON, Texas, Dec. 1, 2016 (SEND2PRESS NEWSWIRE) -- Mid America Mortgage, Inc. (Mid America) announced today that its Owner and Chief Executive Officer Jeff Bode has been recognized by HousingWire magazine in its second annual HW Vanguard Awards(TM) program.
ARMCO COO Phil McCall Recognized as 2016 Mortgage Industry ‘Vanguard’ by HousingWire
POMPANO BEACH, Fla., Dec. 1, 2016 (SEND2PRESS NEWSWIRE) -- ACES Risk Management (ARMCO), the leading provider of financial quality control and compliance software, announced today that COO Phil McCall has been honored as part of HousingWire magazine's second annual HW Vanguard Awards(TM).
TRID Defects Down Slightly in 2016-Q2 ARMCO Mortgage QC Industry Trends Report
POMPANO BEACH, Fla., Dec. 1, 2016 (SEND2PRESS NEWSWIRE) -- ACES Risk Management (ARMCO), the leading provider of financial quality control and compliance software, announced it has released its ARMCO Mortgage QC Industry Trends report, covering the second quarter of 2016. Using the Fannie Mae loan defect taxonomy, the report details the analysis of post-closing quality control data from loan files and findings captured by the ACES Analytics benchmarking system.
Nationwide Appraisal Network Hires Monica Bankus as VP of Operations
OLDSMAR, Fla., Dec. 1, 2016 (SEND2PRESS NEWSWIRE) -- Nationwide Appraisal Network (NAN), an innovative, women-owned, industry-leading appraisal management company with true national coverage, announced today that Monica Bankus has joined the company and will serve as VP of Operations. In that role, she will lead a team that will employ proprietary, groundbreaking technology, enhanced workflow and processes, improved communication with appraisers and lenders - and establish a new Platinum Standard for customer experience at NAN, a standard that with time the mortgage industry might attempt to adopt as its own.