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FormFree Provides Mortgage Industry’s Most Complete Analysis of Borrower Ability to Pay with Data from Envestnet Yodlee

ATHENS, Ga., Dec. 6, 2017 (SEND2PRESS NEWSWIRE) -- FormFree(R) today announced its expanded partnership with Envestnet(R) | Yodlee(R) (NYSE:ENV), a leading data aggregation and data analytics platform powering dynamic, cloud-based innovation for digital financial services. By leveraging Envestnet | Yodlee Risk Insight Solutions, FormFree will have access to new data points that help to reinforce its position as provider of the most complete and reliable asset, employment and income verification reports in the mortgage industry.

Maxwell Financial Labs, Inc. Closes New $3M Funding Round to Accelerate Pace of Mortgage Innovation

DENVER, Colo., Dec. 6, 2017 (SEND2PRESS NEWSWIRE) -- Maxwell Financial Labs, Inc., a leading provider of B2B digital mortgage cloud software, announced today a new funding round of $3 million, led by the investment arm of Anthemis Group, a company committed to cultivating change in financial services, with participation from Route66 Ventures and Assurant Inc., along with its existing investors.
The Mortgage Collaborative (TMC)

The Mortgage Collaborative (TMC) Adds Loan Vision to its Preferred Partner Network

SAN DIEGO, Calif. /California Newswire/ -- The Mortgage Collaborative, the nation's only independent mortgage cooperative, today announced the addition of Loan Vision, a mortgage industry-specific financial management and accounting software provider, to its preferred partner network, giving its Lender Members access to the industry's premier accounting software.

FormFree Appoints Housing Finance Expert Faith Schwartz to its Board of Directors

ATHENS, Ga., Nov. 28, 2017 (SEND2PRESS NEWSWIRE) -- FormFree(R) today announced that housing finance expert Faith Schwartz has been elected to its board of directors. Among the most influential leaders in the mortgage industry, Schwartz has played a firsthand role in shaping current housing finance best practices and public policy.

TRK Connection Welcomes David Pack to Mortgage QC Team as Product Manager

SALT LAKE CITY, Utah, Nov. 28, 2017 (SEND2PRESS NEWSWIRE) -- TRK Connection (TRK), a leading provider of mortgage quality control and origination management solutions, announced today that it has hired David Pack as product manager. In this role, Pack will be responsible for the delivery and support of TRK's market-leading solutions, including the Insight Risk & Defect Management (RDM) mortgage quality control (QC) auditing platform.
CFO Stephen DeSantis

Cloudvirga Inc. Names Stephen DeSantis as its new CFO

IRVINE, Calif. /California Newswire/ -- Cloudvirga(TM), developer of intelligent mortgage point-of-sale (POS) platforms, has appointed Steve DeSantis as its new chief financial officer. A seasoned technology finance executive, DeSantis will be responsible for driving Cloudvirga's financial strategies to accelerate its growth. He will report to Cloudvirga's recently appointed CEO Michael Schreck.

Fintech News: OpenClose Adds New Hires to its Software Development Team

WEST PALM BEACH, Fla., Nov. 17, 2017 (SEND2PRESS NEWSWIRE) -- OpenClose(R), a multi-channel loan origination system (LOS) and mortgage software solutions provider, announced that it hired four senior developers to arm the company with additional resources to architect new products and enhance existing solutions.
ReverseVision RVX LOS

Bob Massi ‘The Property Man’ to Speak on HECM During Special Session at ReverseVision UserCon 2018

SAN DIEGO, Calif. /California Newswire/ -- ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced that legal analyst and cable news mainstay Bob "The Property Man" Massi will address attendees of RV UserCon 2018 in a session focused on the HECM for Purchase loan program.

Texas-based Mid America Mortgage to Purchase Assets from Two Oklahoma Lenders

ADDISON, Texas, Nov. 13, 2017 (SEND2PRESS NEWSWIRE) -- Mid America Mortgage, Inc. (Mid America) announced it has signed a letter of intent to purchase the assets of Oklahoma City-based American Southwest Mortgage Corp. and an affiliated firm, American Southwest Mortgage Funding Corp. As part of the agreement, Mid America will incorporate American Southwest's operations into Mid America's mortgage platform and secure an interest in their respective pipelines and select assets. Further, Mid America will also offer employment to loan production staff members from each organization.
MCT Trading

MCT Trading Announces Complimentary Webinar Addressing Changes to FINRA ‘Mark to Market’ Rule

SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that it will be holding a complimentary educational webinar discussing many important changes to the Financial Industry Regulatory Authority (FINRA) Mark to Market Rule. The webinar, hosted by the Community Mortgage Lenders of America (CMLA), will guide lenders through all of the mandated rule changes in advance of the required implementation date of June 25, 2018.

Guaranteed Rate Selects ARMCO ACES Audit Technology

POMPANO BEACH, Fla., Nov. 8, 2017 (SEND2PRESS NEWSWIRE) -- ACES Risk Management (ARMCO), the leading provider of financial quality control and compliance software, has announced that Guaranteed Rate, one of the largest retail mortgage lenders in the nation, has selected the company's award-winning quality control and compliance software, ACES Audit Technology, for its quality control processes.

Mortgage Bankers Assoc. Honors Denver’s Altavera Mortgage Services with Residential Leadership Award for Diversity and Inclusion

DENVER, Colo., Nov. 6, 2017 (SEND2PRESS NEWSWIRE) -- Altavera Mortgage Services (Altavera), a Computershare company and leading provider of outsourced residential mortgage origination services, today announced that the Mortgage Bankers Association (MBA) has honored Altavera with its Residential Leadership Award for Organizational Diversity and Inclusion.

SimpleNexus Adds AccountChek from FormFree to Its Mobile Mortgage App

ATHENS, Ga., Nov. 6, 2017 (SEND2PRESS NEWSWIRE) -- FormFree(R) today announced it has entered a partnership with SimpleNexus, a leader in bringing the home mortgage process to mobile devices. The integration of the two companies' technologies will make FormFree's AccountChek(R) automated verification service for asset, employment and income a seamless part of the loan application experience for borrowers applying for a loan using SimpleNexus' mobile technology.
Click n' Close and NASCAR

Mid America Mortgage Launches Click n’ Close, Partners with NASCAR, Richard Petty Motorsports

DAYTONA BEACH, Fla., Nov. 3, 2017 (SEND2PRESS NEWSWIRE) -- Click n' Close(TM), a division of Mid America Mortgage, Inc., has entered into official partnership agreements with the sanctioning body, NASCAR, and one of the most iconic race teams in the sport, Richard Petty Motorsports. The collaborations designate Click n' Close as the "Official Mortgage Provider of NASCAR(R)" in addition to becoming a partner of Richard Petty Motorsports.

Supreme Lending’s Trey Horton Supports Alabama Communities Through Charitable Contributions

BIRMINGHAM, Ala., Oct. 31, 2017 (SEND2PRESS NEWSWIRE) -- Trey Horton (NMLS # 208824), a loan officer with Supreme Lending's Birmingham, Alabama branch, is using his knowledge and experience with purchase mortgage loan products including renovation home loans, to help rebuild communities in Alabama. Horton, who is a board member with Grace Klein Community, a nonprofit organization that focuses on providing relief to the poor, the distressed and the underprivileged, has volunteered for the organization for over three years.

ARMCO Launches ACES Automated Document Manager Using Robotic Process Automation to Help Lenders Lower Gross Defects

POMPANO BEACH, Fla., Oct. 23, 2017 (SEND2PRESS NEWSWIRE) -- ACES Risk Management (ARMCO), the leading provider of financial quality control and compliance software, has announced that it has launched ACES Automated Document Manager (ADM), a new technology that uses robotic process automation to automate the core activities lenders undertake to reduce gross loan defects. ARMCO will be demonstrating ADM, which is available through ARMCO's ACES Audit Technology(TM) and as a stand-alone product, by appointment at MBA's Annual Convention and Expo 2017 in Denver, Colorado.

FormFree Delivers Combined Income, Asset and Employment Report for Fannie Mae’s Single Source Validation Pilot Program

ATHENS, Ga., Oct. 23, 2017 (SEND2PRESS NEWSWIRE) -- FormFree(R) today announced that it has entered into a pilot with Fannie Mae that could allow mortgage lenders to validate borrower income, asset and employment data through a single report as early as 2018.

31 Jurisdictions Across Eastern U.S. Join Simplifile E-recording Platform Network

PROVO, Utah, Oct. 20, 2017 (SEND2PRESS NEWSWIRE) -- Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, today announced that 31 additional recording jurisdictions throughout the Northeast, Southeast and Mid-Atlantic have signed on to Simplifile's e-recording platform.

Gateway Mortgage Selects Insight RDM QC Audit Platform from TRK Connection

SALT LAKE CITY, Utah, Oct. 20, 2017 (SEND2PRESS NEWSWIRE) -- TRK Connection (TRK), a leading provider of mortgage quality control and origination management solutions, announced today that Oklahoma-based Gateway Mortgage Group has chosen the Insight Risk & Defect Management (RDM) platform to conduct its internal quality control (QC) audits.
Norcom Mortgage Names ReverseVision Provider

Norcom Mortgage Names ReverseVision Provider of Choice for Home Equity Conversion Mortgage Tech

SAN DIEGO, Calif. /California Newswire/ -- ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced that Norwich Commercial Group, Inc. dba Norcom Mortgage (Norcom) has selected ReverseVision as its provider of choice for end-to-end HECM technology.

Mid America Mortgage Assists U.S. Lenders, Borrowers Affected By Recent Federally Declared Disasters

ADDISON, Texas, Oct. 19, 2017 (SEND2PRESS NEWSWIRE) -- Mid America Mortgage, Inc. (Mid America) announced measures it has taken to provide assistance to both lenders and borrowers that were impacted by recent federally declared disasters. In addition to $20,000 in donations from employees and the corporation toward relief efforts, Mid America will also purchase loans on properties located in areas impacted by the recent storms or fires. This includes both government and conventional loans underwritten to agency guidelines.
Mortgage Capital Trading

MCT Trading’s Bulk Acquisition Manager Tech Achieves 100-Percent Investor Adoption

SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that it has gained unprecedented industry-wide technology adoption among the investor aggregator community. MCT officially unveiled the Bulk Acquisition Manager(TM) (BAM) within its capital markets software platform, MCTlive!, in July of this year.

US Housing News: NAMB Releases Housing Outlook, says Congress Needs to Make Key Changes

WASHINGTON, D.C., Oct. 17, 2017 (SEND2PRESS NEWSWIRE) -- NAMB, an association that represents the interests of individual mortgage loan originators and small to mid-size mortgage businesses, has announced its housing outlook and its plans to advocate for change.
The Mortgage Collaborative (TMC)

The Mortgage Collaborative Expands Metrics-Driven Lender Collaboration Lab Initiative

SAN DIEGO, Calif. /California Newswire/ -- The Mortgage Collaborative, the nation's only independent mortgage cooperative, recently announced details surrounding the continued expansion of their Collaboration Lab initiative. Launched in the spring of 2017, TMC's Collaboration Labs offer their Lender Members the opportunity to participate in day and a half long "deep-dive" networking sessions with peers f similar size and scope.
The Mortgage Collaborative (TMC)

The Mortgage Collaborative Welcomes Addition of PHH Mortgage to its Preferred Partner Network

SAN DIEGO, Calif. /California Newswire/ -- The Mortgage Collaborative, the nation's only independent mortgage cooperative, today announced a new strategic partnership with PHH Mortgage, a leading subservicer and portfolio retention provider. The new relationship with PHH Mortgage adds an experienced, best-in-class subservicer to their preferred partner network.

NAMB – The Association of Mortgage Professionals Appoints John Stevens as New President

WASHINGTON, D.C., Oct. 16, 2017 (SEND2PRESS NEWSWIRE) -- NAMB, an association that represents the interests of individual mortgage loan originators and small to mid-size mortgage businesses, today announced that former president elect John Stevens has been appointed to the role of president.

VanDyk Mortgage Corporation Enables Borrowers to Automate Asset Verification Using AccountChek by FormFree

ATHENS, Ga., Oct. 16, 2017 (SEND2PRESS NEWSWIRE) -- FormFree(R) today announced that VanDyk Mortgage Corporation (VanDyk Mortgage) has selected its flagship AccountChek(R) service for automated asset verification. Loan officers at VanDyk have already begun offering AccountChek as an alternative to manual, paper-based asset verification. In addition, borrowers can choose AccountChek as a faster alternative to uploading bank statements when using VanDyk's self-service mortgage portal, powered by Ellie Mae(R)'s Encompass Consumer Connect(TM).
LBA WARE

Georgia’s Advanced Technology Development Center Adds LBA Ware to Its ATDC Signature Portfolio

MACON, Ga., Oct, 12, 2017 (SEND2PRESS NEWSWIRE) -- LBA Ware(TM), a leading provider of automated compensation software and systems integration solutions for mortgage lending and retail banking, announced that the Advanced Technology Development Center (ATDC) - Georgia's technology incubator - has accepted LBA Ware into its ATDC Signature portfolio. As an ATDC Signature company, LBA Ware will have access to ATDC coaching and programming, potential investment capital and additional resources from the Georgia Institute of Technology, including intellectual property and talent.

Pendo, a National Appraisal Management Company (AMC), Strengthens Market Position

LEE'S SUMMIT, Mo., Oct. 10, 2017 (SEND2PRESS NEWSWIRE) -- Pendo, a nationwide appraisal management company (AMC), announced that Paul Wholley has been hired as VP of Sales, responsible for leading the company's national sales team.
Mortgage Capital Trading

Mortgage Capital Trading Again Named a ‘Best Place to Work’ in San Diego – Sixth Consecutive Year

SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that it earned a spot on the San Diego Business Journal's (SDBJ) Best Places to Work list for the sixth year in a row.

MORTGAGE NEWS: NAMB Appoints Valerie Saunders as Its New Executive Director

WASHINGTON, D.C., Oct. 5, 2017 (SEND2PRESS NEWSWIRE) -- NAMB, the organization that represents the interests of individual mortgage loan originators and small to mid-size mortgage businesses, today announced that it has appointed Valerie Saunders as the organization's new executive director.
The Mortgage Collaborative (TMC)

Certified Credit Reporting Joins Mortgage Collaborative Preferred Partner Network

SAN DIEGO, Calif. /California Newswire/ -- The Mortgage Collaborative (TMC), the nation's only independent mortgage cooperative, announced a new preferred partner relationship with national credit information service provider, Certified Credit Reporting. As a result of this new partnership, lender members of The Mortgagee Collaborative will receive discounted pricing on Certified Credit's suite of credit and verification services.
QUANDIS

Mortgage Tech News: Quandis Inc. Adds New Imaging Functionality to its Military Search Service for SCRA Compliance

RANCHO SANTA MARGARITA, Calif. /California Newswire/ -- Quandis, Inc., a leading default management mortgage technology provider, announced that it has added new functionality that allows servicers and default attorneys to more easily manage images of official certificates from the Department of Defense (DoD) to demonstrate proof of compliance for adherence to the Servicemembers Civil Relief Act (SCRA).

Nationwide AMC, Pendo Makes Enhancements to Its Appraisal Review Tool

LEE'S SUMMIT, Mo., Oct. 3, 2017 (SEND2PRESS NEWSWIRE) -- Pendo, a nationwide appraisal management company (AMC), has made enhancements to their Appraisal Review Tool, which is part of their proprietary technology solutions for appraisal management.

NAMB Rebrands to Better Reflect the Professional Diversity of Its Member Base in Mortgage Industry

WASHINGTON, D.C., Oct. 2, 2017 (SEND2PRESS NEWSWIRE) -- NAMB, an association that represents the interests of individual mortgage loan originators and small to mid-size mortgage businesses, today announced a rebranding that includes a new logo and marketing campaign. NAMB's new brand identity emphasizes the diversity of its member base, which includes individual loan originators and small and midsize mortgage origination businesses of all kinds-brokers, bankers and correspondent lenders.
Matic and LendingQB

Matic Insurance Services & LendingQB Partner to Solve Mortgage Delays Caused by Homeowner’s Insurance

SHERMAN OAKS, Calif. /California Newswire/ -- Matic Insurance Services, a digital insurance agency that enables borrowers to purchase homeowner's insurance during the home-buying transaction, today announced a new partnership with LendingQB, a provider of "lean lending" loan origination technology. Matic announced the news as part of a live demonstration at San Francisco's Digital Mortgage Conference.

FormFree and LexisNexis Risk Solutions Expand Alliance Providing Liens and Judgments Data

ATHENS, Ga., Sept. 26, 2017 (SEND2PRESS NEWSWIRE) -- FormFree(R) today announced the impending launch of AccountChek Plus(TM), a new tool for lenders that combines the features of AccountChek(R), the nation's most trusted asset verification app, with liens and civil judgments data from LexisNexis(R) Risk Solutions. By giving lenders a more complete picture of borrower ability-to-pay before loans go to underwriting, AccountChek Plus cuts costs, reduces risk and empowers better lending decisions.
The Mortgage Collaborative (TMC)

Built Technologies Named Preferred Partner of The Mortgage Collaborative

NASHVILLE, Tenn. and SAN DIEGO, Calif., Sept. 26, 2017 (SEND2PRESS NEWSWIRE) -- Built was named to The Mortgage Collaborative's Preferred Partner Network, providing solutions for digital draw management and collaboration software for the network's lenders active in construction lending.

Critical Defect Rates Continue Upward Trend according to ARMCO’s New Q1 2017 Trends Report

POMPANO BEACH, Fla., Sept. 25, 2017 (SEND2PRESS NEWSWIRE) -- ACES Risk Management (ARMCO), the leading provider of financial quality control and compliance software ACES Audit Technology(TM), announced the release of the ARMCO Mortgage QC Trends Report for the first quarter of 2017.

TRK Connection Adds Data Subscriptions Feature to its Insight RDM Mortgage QC Audit Platform

SALT LAKE CITY, Utah, Sept. 25, 2017 (SEND2PRESS NEWSWIRE) -- TRK Connection (TRK), a leading provider of mortgage quality control and origination management solutions, announced today that it has added a data subscriptions feature to its flagship mortgage quality control (QC) audit platform Insight Risk & Defect Management (RDM).
Kevin Costner of Lender Price

Mortgage Tech Company, Lender Price Names new CEO and Opens New $10M Investment Round

PASADENA, Calif. /California Newswire/ -- Lender Price, the emerging leader in digital mortgage lending technology, announced today that it has named veteran mortgage industry executive Jerry Halbrook as its CEO and has opened a fresh round of equity funding to fuel its growth trajectory.
DocMagic's Mike Zarrilli

HousingWire Honors DocMagic’s Mike Zarrilli with 2017 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 head of operations, Mike Zarrilli, has been named to HousingWire's Insiders Award list for 2017.
The Mortgage Collaborative (TMC)

The Mortgage Collaborative (TMC) Welcomes Addition of ACS Accounting to Preferred Partner Network

SAN DIEGO, Calif. /California Newswire/ -- The Mortgage Collaborative (TMC), the nation's only independent mortgage cooperative, announced a new partnership with east-coast based CPA and advisory firm, ACS Accounting. The new relationship with ACS, adds another best-in-class tax and accounting firm to their preferred partner network.
Mortgage Collabortive

The Mortgage Collaborative Names Rich Swerbinsky as its COO

SAN DIEGO, Calif. /California Newswire/ -- The Mortgage Collaborative (TMC), the nation's only independent mortgage cooperative, today announced it has promoted Rich Swerbinsky to the role of Chief Operating Officer. Having served as its executive vice president of national sales and strategic alliances since 2015, Rich Swerbinsky will now serve TMC as its COO.

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.
Matic Insurance

TechCrunch SF: Matic Insurance Debuts Integration with Roostify During TechCrunch Startup Battlefield, Advances to Final Round

SHERMAN OAKS, Calif. /California Newswire/ -- Matic Insurance Services (Matic), a digital insurance agency that enables borrowers to purchase homeowner's insurance during the home-buying transaction, has forged a partnership with automated lending technology provider Roostify. The company announced the news Tuesday afternoon from the stage of TechCrunch's Startup Battlefield, part of the TechCrunch Disrupt SF conference held in San Francisco this week. Matic was one of just six elite startups chosen to advance to the final round of the competition.
First Community Mortgage

The Mortgage Collaborative adds First Community Mortgage to its Preferred Partner Network

SAN DIEGO, Calif. /California Newswire/ -- The Mortgage Collaborative (TMC), the nation's only independent mortgage cooperative, announced a new preferred partnership with national correspondent investor and mortgage loan servicer, First Community Mortgage (FCM). The new relationship with FCM adds another best-in-class national correspondent investor to their preferred partner network.

ARMCO Releases ACES Automated Document Manager™

POMPANO BEACH, Fla., Sept. 18, 2017 (SEND2PRESS NEWSWIRE) -- ACES Risk Management (ARMCO), the leading provider of financial quality control and compliance software, today announced the release of ACES Automated Document Manager. ADM can parse hundreds of PDF files, identify each document in the file, and categorize them by document type or name.
ReverseVision RVX LOS

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.

JMAC Lending Selects TRK Connection’s Insight RDM Mortgage QC Audit Platform

SALT LAKE CITY, Utah, Sept. 14, 2017 (SEND2PRESS NEWSWIRE) -- TRK Connection (TRK), a leading provider of mortgage quality control and origination management solutions, announced today that JMAC Lending, a Southern California-based wholesale and correspondent lender, has selected TRK's flagship mortgage quality control (QC) audit platform Insight Risk & Defect Management (RDM).

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