Finance

Finance

Finance news from Mortgage & Finance News magazine

Finance

Finance
Finance news from Mortgage & Finance News magazine

News: Mortgage Lenders Can Now Meet Fannie Mae’s 10-Day Pre-Close VOE Requirements Using Informative Research’s AccountChek

Mortgage and Finance News: (GARDEN GROVE, Calif.) Informative Research, a premier technology provider delivering data-driven credit and verification solutions to the lending community, announced that AccountChek® supports new enhancements to Fannie Mae's Desktop Underwriter® (DU®) validation service designed to streamline the digital pre-close verification of employment (VOE), significantly enhance overall efficiency and improve the borrower experience.

News: Katten and CapitalW Collective Align to Support Women in Mortgage Capital Markets

Mortgage and Finance News: (SAN DIEGO, Calif.) CapitalW Collective, the glass shattering 501(c)(3) benefiting women and their allies in mortgage capital markets, today announced Katten Muchin Rosenman LLP as a new corporate sponsor. This strategic collaboration marks a significant step forward in CapitalW Collective's mission "to create more inclusive mortgage capital markets, one woman and ally at a time."

News: Secured Signing Launches New Integration with Okta for Enhanced Single Sign-On Experience

Mortgage and Finance News: (MOUNTAIN VIEW, Calif.) Secured Signing is excited to announce its official integration with Okta, a leading identity management solution, to deliver seamless and secure Single Sign-On (SSO) capabilities. This integration enhances user experience and security for employees, contractors, and business partners, ensuring they have quick, reliable access to the tools they need to perform at their best.

News: Floify launches Floify Verify, a native verification of income and employment service

Mortgage and Finance News: (BOULDER, Colo.) Floify, the mortgage industry's leading point-of-sale (POS) solution, today announced the availability of Floify Verify, a native electronic verification of income and employment (VOIE) service powered by Argyle. Designed to streamline the mortgage origination process, Floify Verify allows lenders to verify income and employment at a cost-effective price point without the hassle of managing additional third-party vendors.

News: ACES Quality Management Announces Preliminary Speaker Line-up for ACES ENGAGE 2025

Mortgage and Finance News: (DENVER, Colo.) ACES Quality Management® (ACES), the leading provider of enterprise quality management and control software for the financial services industry, has announced its speaker line-up for the upcoming ACES ENGAGE conference, taking place at The Broadmoor Resort in Colorado Springs, Colo., May 18 - 20, 2025.

News: Housing Finance Strategies Announces ZillowHousing24

Mortgage and Finance News: (WASHINGTON, D.C.) Housing Finance Strategies Founder & CEO Faith Schwartz today announced ZillowHousing24 (tag: #ZillowHousing24), a virtual housing event broadcast in partnership with Zillow Home Loans and presented by Housing Finance Strategies on December 3, 2024.

News: MCT Expands MSR Valuation Options with AD&Co Prepayment Model

Mortgage and Finance News: (SAN DIEGO, Calif.) Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, today announced the integration of the LoanDynamics Model (LDM) from Andrew Davidson & Co. (AD&Co) into their mortgage servicing rights (MSR) valuation software. LDM is a well-respected prepayment model for residential mortgages that will complement MCT's proprietary prepayment model in MSRlive!

News: Informative Research Adds Consumer-Permissioned Verification of Employment/Income via AccountChek to its Verification Platform

Mortgage and Finance News: (GARDEN GROVE, Calif) Informative Research, a premier technology provider delivering data-driven credit and verification solutions to the lending community, announced the addition of AccountChek to the list of integrated verification providers available within the IR Verification Platform. This latest enhancement empowers lenders to optimize their verification processes using IR's Verification Waterfall, offering a more cost-effective and efficient alternative to traditional verification of employment/income (VOE/I) methods.

News: Rate-and-Term Refinance Locks Surge 700% Over Previous Year Following the FOMC’s September Interest Rate Reduction

Mortgage and Finance News: (PLANO, Texas) Optimal Blue today released its September 2024 Market Advantage mortgage data report, which found a 50% month-over-month (MoM) increase in rate-and-term refinance activity as people who purchased homes in recent years jumped at the opportunity to lower their interest rates and mortgage payments. While the Federal Open Market Committee (FOMC) lowered its target federal funds rate by 50 bps on Sept. 18, the market had already priced in a portion of the rate reduction, leading to a full month of increased refinance activity in September.

News: JPMorgan Chase Awards $25,000 Grant to Black Chamber of Arizona to Boost Entrepreneurial Growth and Economic Empowerment

Mortgage and Finance News: (PHOENIX, Ariz.) The Black Chamber of Arizona (BCAZ) is excited to announce that it has received a $25,000 seed funding grant from JPMorganChase. This generous contribution will fuel the Chamber's mission to strengthen Black businesses and produce new economic buying power throughout Arizona. The funds will support key programs aimed at empowering Black entrepreneurs, providing pathways to financial growth, and fostering greater economic inclusion.

News: MCT Reports 3% Increase in Mortgage Lock Volume, Refinance Activity Buoys Market

Mortgage and Finance News: (SAN DIEGO, Calif.) Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, announced today a 3.17% increase in mortgage lock volume compared to the previous month. The report highlights key market dynamics, offering industry professionals valuable insights. Industry professionals and enthusiasts are invited to download the complete report for comprehensive insights into the market dynamics.

News: Optimal Blue Expands Expertise, Market Leadership With Launch of Two In-House Podcasts

Mortgage and Finance News: (PLANO, Texas) Optimal Blue announced the release of two in-house podcasts that extend the reach of the company's capital markets experience and expertise built over its decades as the technology leader in its space. The Optimal Insights podcast and video, which will be released weekly, will provide timely analyses of market factors impacting loan originators and capital markets professionals.

News: Brimma Tech Unveils Advanced AUS Sandbox Solution for Enhanced Mortgage Underwriting

Mortgage and Finance News: (WAKE FOREST, N.C.) Brimma Tech, a pioneering software development company specializing in AI-driven solutions for the mortgage industry, proudly announces the latest release of its Vallia AUS Sandbox. This innovative tool is designed to streamline the mortgage underwriting process, offering simultaneous risk and eligibility assessment capabilities with both Fannie Mae's Desktop Underwriter® (DU®) and Freddie Mac's Loan Product Advisor® (LPA℠).

News: iEmergent revises 2024-2026 U.S. Mortgage Origination Forecast downward

Mortgage and Finance News: (DES MOINES, Iowa) iEmergent, a forecasting and advisory services firm for the financial services, mortgage and real estate industries, today announced downward revision of its 2024-2026 U.S. Mortgage Origination Forecast. Updated to reflect ongoing economic conditions, iEmergent now expects lower-than-anticipated growth for the next two years, particularly in the purchase mortgage market, while refinance volumes are projected to rise due to a gradual decline in mortgage interest rates.

News: M2 Lending Solutions Taps LenderLogix to Provide Automated, Digital-First Borrower Experience

Mortgage and Finance News: (BUFFALO, N.Y.) LenderLogix, a leading provider of mortgage point-of-sale and automation software for banks, credit unions, independent mortgage banks, and brokers, recently announced the addition of M2 Lending to its roster of clients utilizing LiteSpeed, QuickQual and Milestone Text Updates.

News: Eagle Ventures Partners with Keel Point to Combat Human Trafficking Through Technology Investments

Mortgage and Finance News: (DALLAS, Texas) Eagle Ventures, through its Eagle Freedom Fund, a leading impact investment vehicle focused on combating human trafficking, is pleased to announce its strategic partnership with Keel Point, a national private wealth management, family office services, and institutional asset management firm. Keel Point will serve as a Sub-Advisor to the Eagle Freedom Fund, bringing its financial expertise to amplify the Fund's efforts to invest in innovative technologies designed to combat human trafficking globally.

News: Dark Matter Technologies brings the NOVA LOS under its banner to serve a broader range of mortgage lenders

Mortgage and Finance News: (JACKSONVILLE, Fla.) Dark Matter Technologies (Dark Matter®), an innovative leader in mortgage technology, today announced the addition of the NOVA loan origination system (LOS) to its product lineup. Bringing the NOVA LOS under its banner alongside the Empower® LOS enables Dark Matter to offer two distinct LOS solutions and cater to a more diverse range of lender business models.

News: Matrix Advises on the Successful Sale of WTG Fuels, LLC’s Delivered Fuels Business

Mortgage and Finance News: (RICHMOND, Va.) Matrix Capital Markets Group, Inc. announces the successful sale of the propane, commercial motor fuels, and lubricants business of WTG Fuels, LLC to ThompsonGas, LLC. WTG Fuels is a subsidiary of West Texas Gas, a leading provider of natural gas distribution services throughout Texas and Oklahoma.

News: ProPair’s Q2 2024 Impact Study Reveals Significant Gains in Sales Conversions with Predictive Lead Assignments

Mortgage and Finance News: (SAN CARLOS, Calif) ProPair, the fastest way for marketing and sales leaders to implement predictive AI, has released its Q2 2024 Impact Study, showcasing a substantial 46% improvement in sales conversions using Predictive Lead Assignments compared to standard lead assignment methods. This breakthrough underscores the growing importance of data-driven decision-making in sales strategies.

News: Klingenstein Fields Advisors named to Barron’s Top 100 RIA Firms

Mortgage and Finance News: (NEW YORK, N.Y.) Klingenstein Fields Advisors (KF Advisors) is proud to announce that it has been named to Barron's Top 100 Registered Investment Advisor (RIA) Firms for 2024. "We are honored to receive this recognition," said Kenneth D. Pollinger, Chairman and Co-CEO of KF Advisors. "This accomplishment is a team effort that would not be possible without the valuable contribution of each and every individual at KF Advisors."

News: Critical Defect Rate Rises to 1.58%, Per ACES Mortgage QC Industry Trends Report

Mortgage and Finance News: (DENVER, Colo.) ACES Quality Management® (ACES), the leading provider of enterprise quality management and control software for the financial services industry, announced the release of its quarterly ACES Mortgage QC Industry Trends Report covering the first quarter (Q1) of 2024. The latest report analyzes post-closing quality control data derived from ACES Quality Management & Control® software.

News: IRS Advance Notice by IRS Solutions Named as CPA Practice Advisor 2024 Tax and Technology Innovation Award Finalist

Mortgage and Finance News: (VALENCIA, Calif.) IRS Solutions® announces that its cutting-edge feature, IRS Advance Notice™ (IAN), has been named a finalist for the CPA Practice Advisor 2024 Tax and Technology Innovation Award. The revolutionary new technology tracks and alerts their members to IRS transcript changes, streamlining tax resolution, improving client service, and offering steady, year-round income for tax professionals.

News: Optimal Blue Rolls Out Innovations in New UI, Gen AI, Originator Capabilities and New No-Cost Solutions

Mortgage and Finance News: (PLANO, Texas) Optimal Blue today announced its extensive plans for innovation across its complete capital markets technology ecosystem leading up to its Optimal Blue Summit, where innovations will be unveiled live. New capabilities will be introduced into the core platform beginning in mid-September and continuing through the Optimal Blue Summit, a national user conference being held in San Diego in February.

News: NotaryCam hires Sam McPherson as new Head of Customer Success

Mortgage and Finance News: (HOUSTON, Texas) NotaryCam®, a Stewart-owned company and a pioneering provider of remote online notarization technology for real estate and legal transactions, today announced the appointment of Sam McPherson as the new Head of Customer Success. In this role, McPherson will oversee customer relationships, focusing on delivering an exceptional client experience while driving retention and advocacy.

News: LenderLogix adds mortgage sales expert Ben Head as account executive

Mortgage and Finance News: (BUFFALO, N.Y.) LenderLogix, a leading provider of mortgage point-of-sale and automation software for banks, credit unions, independent mortgage banks, and brokers, today announced Ben Head has joined the company as an account executive responsible for expanding LenderLogix' market share.

News: iEmergent receives The Mortgage Collaborative’s Lenders’ Choice award for Thought Leadership, Creativity & Innovation

Mortgage and Finance News: (DES MOINES, Iowa) iEmergent, a forecasting and advisory services firm for the financial services, mortgage and real estate industries, was awarded The Mortgage Collaborative's 2024 Lenders' Choice Award for Thought Leadership, Creativity & Innovation. Laird Nossuli, iEmergent's CEO, and Bernard Nossuli, COO, accepted the award on Monday during TMC's "A Mile Above" Conference, held at the Hyatt Regency in Denver.

News: Rate-and-Term Refinances Surge 109% MoM in August as Mortgage Rates Decline

Mortgage and Finance News: (PLANO, Texas) Optimal Blue today released its August 2024 Market Advantage mortgage data report, which reveals an overall 1% rise in rate lock volume despite the typical seasonal slowdown in purchase lending. Lock volume growth was driven by a surge in refinance activity as homeowners reacted to declining mortgage rates.

News: Optimal Blue to Host Inaugural Industry Summit February 3-5, 2025

Mortgage and Finance News: (PLANO, Texas) Optimal Blue today announced it will host its inaugural Optimal Blue Summit from February 3-5, 2025, at the Marriott Marquis San Diego Marina. Set against the scenic backdrop of San Diego Bay, the Optimal Blue Summit 2025 will bring together clients from across primary and secondary mortgage networks to connect, learn, and share best practices for pricing and profitability.

News: MMI launches Refinder mortgage refinance tool to help lenders prepare for expected interest rate decline

Mortgage and Finance News: (SALT LAKE CITY, Utah) Mobility Market Intelligence (MMI), a leader in data intelligence and market insight tools for the mortgage and real estate industries, today announced a new feature, Refinder, to help lenders uncover refinance opportunities in their database of past borrowers.

News: TMC Emerging Technology Fund Announces Newest Corporate Partner: Andromeda Division Constellation Software’s Perseus Operating Group

Mortgage and Finance News: (AUSTIN, Texas) The Mortgage Collaborative (TMC), the nation's largest independent cooperative network serving the mortgage industry, announced today that the TMC Emerging Technology Fund LP has secured its first corporate partner, Andromeda. Andromeda is a Division of the Perseus Operating Group, of Constellation Software, Inc. (TSX: CSU; "Constellation").