Finance

Finance

Finance news from Mortgage & Finance News magazine

Finance

Finance
Finance news from Mortgage & Finance News magazine

News: Oklahoma Bankers Association Endorses Promontory MortgagePath’s Mortgage Fulfillment Services and POS Technology

Mortgage and Finance News: (DANBURY, Conn.) Promontory MortgagePath LLC, a leading provider of comprehensive digital mortgage and fulfillment solutions, announced today the Oklahoma Bankers Association (OBA) has officially endorsed its mortgage fulfillment services and proprietary point-of-sale technology Borrower Wallet®.

News: NAMMBA Announces Partnership with MCT

Mortgage and Finance News: (ORLANDO, Fla.) The National Association of Minority Mortgage Bankers of America (NAMMBA) announced today a partnership with San Diego based Mortgage Capital Trading (MCT®). The relationship is an important step in both company's efforts to affect positive change - addressing the housing needs of underserved communities as well as encouraging and developing a more diverse work force in the mortgage sector.

News: Chelsea Groton Bank Proudly Offers Homebuyer Assistance Program for Persons with Documented Disabilities

Mortgage and Finance News: (GROTON, Conn.) Chelsea Groton Bank is pleased to partner with the Connecticut Housing Finance Authority (CHFA) to help borrowers with documented disabilities to purchase their first home, through the Home of Your Own Program.

News: TruckDriverJobs411.com Steps Up to Meet Employment Shortage During National Trucking Industry Surge

Mortgage and Finance News: (LOS ANGELES, Calif.) he Federal government's recently proposed infrastructure program is projected to create nearly 3 million new commercial truck driving jobs. That's why platforms such as TruckDriverJobs411.com, the original and free trucking jobs' board, are hustling to meet the growing employment demands. Western Truck Insurance Services, Inc. has recently overhauled its job board site to ensure drivers and owner operators are efficiently matched with jobs.

News: Jencap Announces Acquisition of U.K.-based Lloyd’s Coverholder

Mortgage and Finance News: (NEW YORK, N.Y.) Jencap Group, LLC (Jencap), the wholesale program management and binding authority business of Galway Insurance Holdings LP (Galway), has acquired London-based Worldwide Hole 'N One Ltd. (WHNO).

News: FormFree integrates AccountChek 3n1 one-stop VOE/VOIE into Encompass®

Mortgage and Finance News: (ATHENS, Ga.) FormFree® has partnered with ICE Mortgage Technology™, part of Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure,  to make its AccountChek 3n1 asset, income and employment verification service available in Encompass®, the mortgage industry's leading cloud-based loan origination platform.

News: HousingWire selects DepthPR founder Kerri Milam as 2021 Marketing Leader

Mortgage and Finance News: (ATLANTA, Ga.) Depth Public Relations (DepthPR), a leading provider of consultative marketing, public relations and reputation management services for the mortgage lending fintech and residential finance industries since 2006, today announced company Founder and President Kerri Milam is a recipient of HousingWire's inaugural Marketing Leaders award.

News: The IRS Collection is Now Back and Sending Final Intent to Levy Notices – Ace Plus Tax Resolution Suggests Tax...

Mortgage and Finance News: (LOS ANGELES, Calif.) James Cha, a CPA and a Certified Tax Resolution Specialist from Ace Plus Tax Resolution, underlines that the IRS is starting its collection actions by sending Final Intent to Levy notices, and urges taxpayers to act with tax relief strategies.

News: Pete du Pont Freedom Foundation Receives $200,000 Grant from Barclays

Mortgage and Finance News: (WILMINGTON, Del.) The Pete du Pont Freedom Foundation has received an additional $200,000 from Barclays US Consumer Bank to support the statewide expansion of the Foundation's Equitable Entrepreneurial Ecosystem (E3). As part of the grant, $50,000 will be allocated to fund a comprehensive research study on Black and Brown entrepreneurs and their economic impact in Delaware.

News: Travis Mlodzik Elected President of the American Society of Cost Segregation Professionals

Mortgage and Finance News: (SAVAGE, Minn.) Travis Mlodzik, Central Practice Leader for ICS Tax, LLC has been elected President of the American Society of Cost Segregation Professionals (ASCSP). Cost Segregation is a tremendously valuable tax planning strategy for real estate investors. The ASCSP provides education, credentialing, and a code of ethics for its members while representing the very best professionals in the cost segregation industry.

News: Say Goodbye to Receipt Headaches! AmTrav and Emburse Automate Travel Expenses

Mortgage and Finance News: (AGOURA HILLS, Calif.) AmTrav, the one connected platform for business travel, and Emburse, a global leader in expense management and accounts payable automation, today announced the next evolution in their partnership with the launch of their automatic receipts integration.

News: Swift Homes Achieves Milestone of 20,000 Home Offers This Year

Mortgage and Finance News: (CHICAGO, Ill.) Swift Homes, a Chicago-based property purchasing company that buys homes for fair prices to rent out to local families and which is backed by a multi-billion-dollar private equity fund, announced its milestone achievement of 20,000 home offers this year.

News: MobilityRE welcomes mortgage technology leader Jonas Kruckeberg as director of growth and client success

Mortgage and Finance News: (SALT LAKE CITY, Utah) MobilityRE, a leader in real estate intelligence technologies for mortgage lenders and real estate agents, today announced it has appointed mortgage technology leader Jonas Kruckeberg as director of growth and client success.

News: Move For Hunger to Connect Food Donations with Local Distribution Centers in Partnership with Goldman Sachs Asset Management

Mortgage and Finance News: (NEW YORK, N.Y.) Move For Hunger, a national hunger relief non-profit organization, today announced that they will partner with the Private Real Estate business within Goldman Sachs Asset Management (Goldman Sachs) on a national program that leverages both organizations' networks to create scalable social impact through community-based food distribution channels.

News: SimpleNexus integrates with Finicity’s Mortgage Verification Service to give lenders a simpler, faster way to verify borrower assets, income and...

Mortgage and Finance News: (LEHI, Utah) SimpleNexus, developer of the leading homeownership platform for loan officers, borrowers, real estate agents and settlement agents, today announced an integration with Finicity's Mortgage Verification Service (MVS) that allows lenders to streamline the verification of applicants' assets, income and employment using a single embedded service.

News: HWS Enters into An Exclusive Partnership with Mrs. LTC to Offer Long-Term Care Claim Processing for Household Employers

Mortgage and Finance News: (STERLING, Va.) HomeWork Solutions (HWS), the industry expert in household payroll and employment taxes, has entered into an exclusive partnership agreement with Mrs. LTC, a leading provider of Long-Term Care Claims processing.

News: Critical Defect Rate Moderates in Q4 but CY 2020 Defect Rate Remains High, 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 Trends Report covering both the fourth quarter (Q4) and the 2020 calendar year (CY).

News: Santa Ana High School Students Get Mentorship Boost from CDF Labor Law for 10th year

Mortgage and Finance News: (IRVINE, Calif.) Two high school juniors, from low to moderate income families in Santa Ana are about to get a significant boost to their career path from CDF Labor Law LLP, a California-based labor, employment, and immigration law firm who will sponsor them for an eight-week, paid internship. This is CDF's 10th year participating in Project SELF mentoring program of at-risk youth.

News: Maxwell Announces Launch of MaxDiligence, a Tech-Powered Due Diligence and Quality Control Service for Lenders

Mortgage and Finance News: (DENVER, Colo.) Today, leading digital mortgage platform Maxwell released MaxDiligence, a new offering that provides Due Diligence and Quality Control services for its clients. The latest feature in Maxwell's suite of tools designed for community lenders, MaxDiligence is a new scalable way to gain efficiency and generate reliable results.

News: LBA Ware and Sales Boomerang showcase borrower and business intelligence strategies that help mortgage lenders win in a purchase market

Mortgage and Finance News: (MACON, Ga.) LBA Ware™, a leading provider of incentive compensation management (ICM) and business intelligence (BI) software solutions for the mortgage industry, announced a free webinar highlighting the data points mortgage lenders should focus on to propel business performance in a purchase market.

News: ICE Mortgage Technology Acquires eVault Technology from DocMagic for Encompass eClose

Mortgage and Finance News: (TORRANCE, Calif.) ICE Mortgage Technology™, part of Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today announced it will deploy an eVault solution for secure storage of digital mortgages and notes, based upon technology acquired from DocMagic, Inc.

News: Chelsea Groton Bank Approves $244K in Grants During Spring Giving Cycle

Mortgage and Finance News: (GROTON, Conn.) This spring, the Chelsea Groton Foundation provided $244,319 to 67 non-profit organizations from Connecticut and Rhode Island. Over 60% of the Foundation's approved funding went to organizations providing Health and Human Services, including critical needs such as healthcare, food, clothing and shelter.

News: Report: Over One Quarter of All Mileage Reimbursement Claims Are Overreported

Mortgage and Finance News: (ISSAQUAH, Wash.) According to internal data gathered by TripLog, a leading enterprise mileage and expense tracking solution, over 1/4 (nearly 30%) of all mileage is overreported, which could potentially cost businesses millions of dollars per year in fraudulent reimbursements.

News: Mid America Mortgage Securitizes Its First Ginnie Mae eNote with eCustodian Wilmington Trust

Mortgage and Finance News: (ADDISON, Texas) Mid America Mortgage, Inc. (Mid America) announced today that the company has completed its first Ginnie Mae eNote transaction with Wilmington Trust, an approved and active eCustodian under Ginnie Mae's Digital Collateral Initiative. Having announced its first eNote transaction in August 2016, this represents the next step in Mid America's ongoing digital mortgage adoption efforts across its retail, wholesale and correspondent lending channels.

News: Digital Mortgage Platform Maxwell Adds Industry Veteran Sadie Gurley to its Leadership Team

Mortgage and Finance News: (DENVER, Colo.) Leading digital mortgage platform Maxwell just announced the addition of Sadie Gurley as Vice President to its leadership team. Sadie holds over 25 years of experience in the mortgage industry, most specifically in due diligence and quality control services. Her role at Maxwell will help the company find new opportunities and expand its impact on community lenders across the country.

News: AmeriSave Leveraging DocMagic Technology to Scale Operations, Elevate the Borrower Experience and Maximize Productivity

Mortgage and Finance News: (TORRANCE, Calif.) DocMagic, Inc., the premier provider of fully-compliant loan document preparation, automated regulatory compliance, and comprehensive eMortgage services, announced that AmeriSave Mortgage Corporation, one of the fastest-growing privately-held mortgage lenders in the nation and a pioneer in digital origination, is utilizing its document preparation solution and Total eClose™ platform to drive digital mortgage efficiency.

News: Mortgage Coach adds debt consolidation strategies in Total Cost Analysis to educate consumers on finance options using home equity

Mortgage and Finance News: (CORONA, Calif.) Mortgage Coach, the only platform enabling mortgage lenders to create digital and accurate home loan options for consumers, today announced its addition of detailed debt consolidation strategies in the Total Cost Analysis (TCA) presentation, allowing loan originators to educate consumers on lower interest debt repayment options as peaking home equity values offer household cashflow relief.

News: Staff Retention Tops List of Lender Concerns in 2021, Inaugural Survey from The Mortgage Collaborative Finds

Mortgage and Finance News: (SAN DIEGO, Calif.) The Mortgage Collaborative (TMC), the nation's largest independent mortgage industry cooperative network, has announced the results of its inaugural The Pulse of the Mortgage Industry survey ranking mortgage lenders' top concerns based on 598 executive responses from the co-op's 234 lender members.

News: FormFree and MX receive 2021 Tearsheet Data Award for Best Data Aggregator/Fintech Partnership

Mortgage and Finance News: (ATHENS, Ga.) FormFree has been named a recipient of the 2021 Tearsheet Data Award for Best Data Aggregator/Fintech Partnership. FormFree was recognized for collaborating with financial data firm MX to improve its customer experience through the implementation of API and token-based connections that speed data retrieval and eliminate vexing multi-factor authentication pop-ups.

News: EPIC Adds William Schoenbach as Managing Principal

Mortgage and Finance News: (HARTFORD, Conn.) EPIC Insurance Brokers & Consultants, a retail property and casualty insurance brokerage and employee benefits consultant, announced today that William Schoenbach is joining its growing Financial Services business.