Mortgage Industry News

News: Level One Bank Enlists CompenSafe to Automate Incentive Compensation After Doubling Its Mortgage Division

Mortgage and Finance News: (MACON, Ga.) LBA Ware(TM), provider of the leading automated incentive compensation and sales performance management platform for mortgage lenders, announced today that Level One Bank (NASDAQ: LEVL) has chosen CompenSafe(TM) to automate incentive compensation for mortgage loan originators and support staff across the community bank's mortgage loan center and branch locations

News: NRL Mortgage Now Offering FormFree’s AccountChek Automated Asset Verification to Borrowers Nationwide

Mortgage and Finance News: (ATLANTA, Ga.) FormFree today announced that loan originators and support staff at NRL Mortgage are now offering AccountChek automated asset verification to loan applicants nationwide. AccountChek gives borrowers a convenient and secure way to verify their assets without having to print, scan or fax bank statements.

News: ARMCO QC Trends Report: Defects Related to Loan Package Documentation Doubled from 2017 to 2018

Mortgage and Finance News: (POMPANO BEACH, Fla.) 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 covers both the fourth quarter (Q4) and the calendar year (CY) 2018, and provides loan quality findings for mortgages reviewed by ACES Audit Technology.

News: OpenClose and Vice Capital Markets Integrate for Enhanced Hedging Automation

Mortgage and Finance News: (WEST PALM BEACH, Fla.) OpenClose(R), an industry-leading multi-channel loan origination system (LOS) and digital mortgage fintech provider, announced the completion of an integration with Vice Capital Markets Inc., an established mortgage hedge advisory firm. Focused on maximizing hedging efficiencies, the new interface reduces the time to prepare and deliver loan data and eliminates the manual intervention that occurs today, automating an ongoing seamless delivery of data.

News: FormFree Partners with FundingShield to Deliver Enhanced Wire Fraud Protection to FormFree’s Network of More than 1,000 Mortgage Lenders

Mortgage and Finance News: (ATLANTA, Ga.) FormFree(R) today announced that it has entered into a strategic alliance with FundingShield, a fintech firm that safeguards homebuyers, mortgage lenders and title insurance underwriters from wire fraud.

Finance Industry News

News: Luxury Atlanta Realtor Debra Johnston Lists an Exceptional Residence in the Heart of Buckhead

Mortgage and Finance News: (ATLANTA, Ga.) Debra Johnston of Berkshire Hathaway Home Services Georgia Properties offers an exceptional Peachtree Battle residence offered for 1.69 Million. The sweet simplicity of a life well lived beckons in the heart of Buckhead with this as-new abode.

News: Bank of Southern California NA Names Ian McKay Managing Director

Mortgage and Finance News: (SAN DIEGO, Calif.) Bank of Southern California, N.A. (OTC Pink: BCAL), a community business bank headquartered in San Diego, has expanded its business development team with the hiring of Ian McKay as Managing Director of Business Banking. He will focus on developing and managing a portfolio of small to medium sized businesses located throughout Orange County.

News: Ward Henderson Management – Germany’s Economic Gloom Could Continue

Mortgage and Finance News: (TAIPEI, Taiwan) Ward Henderson Management - German economy shows signs of weakening further due to downside risks. In May, an important indicator of overall economic health, declined by more than expected. Germany's manufacturing industry reported poor growth, prompting concerns about the Eurozone's economic wellbeing.

News: Lawsuit Filed Against Uber in San Francisco Superior Court

Mortgage and Finance News: (SAN FRANCISCO, Calif.) On July 8, 2019, Rahman Law PC filed a lawsuit on behalf of their client, a cyclist, against Uber after Uber failed to take responsibility for a May 23, 2018 accident in which an Uber driver veered across several lanes of traffic on Market Street in San Francisco, running a bicyclist off the road and into a light pole. The reckless behavior of the Uber driver was caught on video by witnesses.

News: Jim McCann and Rosalind Clarke Announce an Exquisite Landmarked Colonial Revival Palm Beach Residence

Mortgage and Finance News: (PALM BEACH, Fla.) Luxury Palm Beach Agents, Rosalind Clarke and Jim McCann, joined forces to list an exceptional prime location Palm Beach haven with outstanding water views. Transforming a house into a home is a lifelong journey, and from the moment you step inside this 2-story, 5-bedroom, 5.2-bathroom Colonial, it's easy to see this voyage has been one infused with love and luxury.