Finance

Finance

Finance news from Mortgage & Finance News magazine

Finance

Finance
Finance news from Mortgage & Finance News magazine

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").

News: Matrix Advises Singer Energy Group, Inc. d/b/a Robison on its Sale to an Affiliate of Star Group, L.P.

Mortgage and Finance News: (RICHMOND, Va.) Matrix Capital Markets Group, Inc., a leading, independent investment bank, has advised Singer Energy Group, Inc. and its affiliates d/b/a Robison ("Robison" or the "Company") on the sale of its integrated heating oil distribution and HVAC services business to an affiliate of Star Group, L.P. (NYSE: SGU). Headquartered in Port Chester, New York, Robison is a leading distributor of heating oil and provider of home comfort solutions in and around Westchester and Putnam Counties, New York.

News: Secured Signing announces On-Demand Notary service, for organizations and individuals to locate a notary

Mortgage and Finance News: (MOUNTAIN VIEW, Calif.) Secured Signing is thrilled to announce transformative updates to our Notary Community platform, designed to elevate your notary business by connecting you with clients faster than ever. Our new "On-Demand Notary" feature significantly enhances visibility and client engagement, ensuring unparalleled business growth.

News: MCT Reports a 3% Increase in Mortgage Lock Volume Backed by Increasing Refinance Activity

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 3.33% increase in mortgage lock volume compared to the previous month. Despite a larger increase in rate/term volume, total mortgage volume remains relatively flat.

News: ACES Quality Management Executive Vice President of Compliance, Amanda Phillips, Selected to Speak at 2024 ACUMA Annual Conference

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 its Executive Vice President of Compliance Amanda Phillips will be speaking at the American Credit Union Mortgage Association (ACUMA) Annual Conference taking place September 29 through October 2, 2024 at the Bellagio Hotel & Casino in Las Vegas.

News: The Mortgage Collaborative Participates in FHFA 2024 TechSprint Showcasing Innovative Generative AI Solutions for Housing Challenges

Mortgage and Finance News: (WASHINGTON, D.C.) Represented by its president and COO, Melissa Langdale, The Mortgage Collaborative's (TMC) "Open Angels" team were among the notable solutions recognized for their impact and potential at The Federal Housing Finance Agency (FHFA)-hosted Velocity TechSprint, spotlighting the transformative potential of generative AI in addressing the current housing market's pressing challenges.

News: FormFree named TAG ADVANCE Award Winner

Mortgage and Finance News: (ATHENS, Ga.) FormFree®, a leader in financial technology since 2007, has been named a 2024 ADVANCE Award winner by The Technology Association of Georgia (TAG). Part of the Fintech South conference, the ADVANCE Awards program recognizes innovative U.S. fintech companies with a strong connection to Georgia.

News: PitBullTax Software Recognized on the 2024 Inc. 5000 List of Fastest-Growing Private Companies in America for Third Year in a...

Mortgage and Finance News: (CORAL SPRINGS, Fla.) PitBullTax Software, the Nation's Leading Tax Resolution Software for CPAs, EAs and Tax Attorneys has revealed it has won a spot on the 2024 Inc. 5000 list of the fastest growing private companies in America for the 3nd year in a row. PitBullTax Software has licensees in all 50 states that rely on the company's software to prepare their clients' IRS resolution cases.

News: ACES Quality Management Executives Selected to Speak at 2024 Mortgage Bankers Association Risk Management Conference and Expo

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 its Executive Vice President of Compliance Amanda Phillips and Executive Vice President of Operations, Sharon Reichhardt will speak at the 2024 Mortgage Bankers Association (MBA) Risk Management Conference taking place September 22-24, 2024, at the Grand Hyatt in Washington, DC.

News: iEmergent’s Redlining Roundtable will teach lenders to identify and prevent mortgage redlining while seizing the business opportunity of equitable lending

Mortgage and Finance News: (DES MOINES, Iowa) iEmergent, a forecasting and advisory services firm for the financial services, mortgage and real estate industries, will host a webinar on mortgage redlining on Thursday, September 19, from 2 p.m. to 4 p.m. ET. "Redlining Roundtable: Don't Just Dodge Risk, Capture Opportunity" will bring together experts from across the housing finance industry to discuss the high price of modern-day mortgage redlining, the strategies lenders can use to identify and prevent unintentional discrimination, and the long-term value mortgage lenders can build through fair and equitable lending practices.

News: Tax Attorney to Millionaires Among Nation’s Best by Chambers USA, Defends High Stakes Tax Cases Before the IRS

Mortgage and Finance News: (GREENSBORO, N.C.) Petrova Law, a boutique tax law firm, which represents high net worth clients and companies nationwide, has been ranked by Chambers USA among the nation's best for its work on complex and high-stakes tax law matters.

News: Vice Capital Markets Integrates with Digital-First LOS Mortgage Machine

Mortgage and Finance News: (NOVI, Mich.) Vice Capital Markets, a leading mortgage hedge advisory firm for independent lenders, banks and credit unions, announced today it has completed its integration with Mortgage Machine™, an out-of-the-box, all-in-one loan origination system (LOS) designed to accelerate lenders' operational velocity and support an end-to-end digital origination process.

News: Informative Research Appoints Industry Leader Steve Schulz as Executive Vice President, Product Management

Mortgage and Finance News: (ST. LOUIS, Mo.) Informative Research, a leading technology platform that delivers data-driven solutions to the lending community, announced the appointment of Steve Schulz as the new executive vice president of product management. This strategic addition highlights Informative Research's commitment to driving innovation and enhancing its product offerings to better serve its clients.

News: Argyle is now an approved service provider supporting Freddie Mac’s AIM

Mortgage and Finance News: (NEW YORK CITY, N.Y.) Argyle, a platform providing real-time income and employment verifications for some of the largest lenders in the United States, is now an approved third-party service provider supporting Freddie Mac's Loan Product Advisor® (LPA℠) asset and income modeler (AIM), a solution that simplifies the mortgage underwriting process for lenders. Argyle's verification of income and employment (VOIE) solution, which includes reports, pay stubs and W-2s, saves lenders 5-7 days per loan and 60-80% in costs compared to legacy VOIE providers.

News: Mortgage Machine Services Enhances AI-Powered Document Management System to Accelerate Loan Processing Speed

Mortgage and Finance News: (ADDISON, Texas) Mortgage Machine Services, an industry leader in digital origination technology to residential mortgage lenders, announced the launch of Auto Split, an enhancement to the Click n' File document management system embedded into the Mortgage Machine™ loan origination system (LOS).

News: Informative Research Unveils Enhancements to Its Suite of Mortgage Portfolio Monitoring Alerts

Mortgage and Finance News: (GARDEN GROVE, Calif.) Informative Research, a leading technology platform that delivers data-driven solutions to the lending community, announced the launch of new alert types to enhance the portfolio monitoring service offered by Informative Research Data Solutions. These advanced alerts offer sophisticated monitoring capabilities, enrich lenders' portfolio monitoring and borrower engagement strategies and solidify Informative Research as a data solutions leader in the mortgage industry.

News: Teal Makes the Inc. 5000, at No. 2093, for the 6th Time

Mortgage and Finance News: (WASHINGTON, D.C.) Inc. revealed today that Teal ranks No. 2093 with a three-year revenue growth of 251% on the 2024 Inc. 5000, its annual list of the fastest-growing private companies in America. The prestigious ranking provides a data-driven look at the most successful companies within the economy's most dynamic segment-its independent, entrepreneurial businesses.

News: Accountable CRM Launches First Activity-Based Platform for Mortgage Teams

Mortgage and Finance News: (AUSTIN, Texas) 90-Day Sales Manager proudly launches the first activity-based CRM with built-in coaching and accountability for mortgage teams at credit unions and community banks. The 3-in-1 platform provides mortgage departments an affordable solution to help loan officers stay productive during challenging times.

News: July Refinance Activity Hits Highest Levels Since September 2022

Mortgage and Finance News: (PLANO, Texas) Optimal Blue today released its July 2024 Market Advantage mortgage data report, which revealed that mortgage refinance demand surged to levels not seen since September 2022 amid softening interest rates. The lower interest rates seen in July also coaxed increased purchase activity, which, combined with greater refi activity, drove a 3.5% month-over-month (MoM) increase in mortgage rate lock volumes.

News: Matrix Advises Watershed Car Wash on the Successful Recapitalization of the Company

Mortgage and Finance News: (BALTIMORE, Md.) Matrix Capital Markets Group, Inc. ("Matrix"), a leading independent investment bank, announces that it served as lead advisor on the recapitalization of Watershed Car Wash's ("Watershed" or the "Company") portfolio comprised of 30 express tunnel car wash sites.

News: Patented Technology Allows Mortgage Buyers to Transact with Any Seller on MCT Marketplace

Mortgage and Finance News: (SAN DIEGO, Calif.) Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, today announced that the company has been awarded a patent for the security spread commitment used in the industry's largest mortgage asset exchange: MCT Marketplace. The security spread commitment transforms loan auctions, turning shadow bids into executable prices.

News: Secured Signing Notary Community platform enables notaries to connect with clients online, receive jobs, and chat directly

Mortgage and Finance News: (MOUNTAIN VIEW, Calif.) Secured Signing, a frontrunner in the realm of digital signature and remote online notarization solutions, is thrilled to unveil a series of substantial upgrades to its Notary Community platform. These enhancements are meticulously crafted to empower notaries to broaden their client base, attract many business opportunities, and optimize their workflow efficiency.

News: EnergyCAP Appoints Shawn Lankton as Chief Executive Officer

Mortgage and Finance News: (BOALSBURG, Pa.) EnergyCAP, the leading provider of energy and sustainability enterprise resource planning (ERP) software, today announced the appointment of Shawn Lankton as Chief Executive Officer. This decision reflects the Board's continued and growing optimism across the spectrum of growth opportunities ahead for EnergyCAP.

News: ACES Quality Management EVP of Compliance Amanda Phillips Selected as a 2024 Insider by HousingWire Magazine

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 Executive Vice President (EVP) of Compliance Amanda Phillips has been named a 2024 Insider in HousingWire Magazine's annual award program.

News: MCT Reports a 6% Mortgage Lock Volume Decrease in Latest Report

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 decrease of 5.67% in mortgage lock volume compared to the previous month. Industry professionals and enthusiasts are invited to download the complete report for comprehensive insights into the market dynamics.

News: Dovenmuehle’s Patricia McCarthy named a 2024 Insider in HousingWire Magazine’s annual award program

Mortgage and Finance News: (LAKE ZURICH, Ill.) Dovenmuehle Mortgage, Inc. (Dovenmuehle), a leading mortgage subservicing company, announced today that Vice President of the Escrow Department Patricia McCarthy was selected by HousingWire magazine for its annual Insiders awards program.