Finance

Finance

Finance news from Mortgage & Finance News magazine

Finance

Finance
Finance news from Mortgage & Finance News magazine

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

Mortgage and Finance News: (ATHENS, Ga.) 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 Network

Mortgage and Finance News: (PROVO, Utah) 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 TRK Connection’s Insight RDM QC Audit Platform

Mortgage and Finance News: (SALT LAKE CITY, Utah) TRK Connection, 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 Its Provider of Choice for End-to-End HECM Technology

Mortgage and Finance News: (SAN DIEGO, Calif.) 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 Lenders, Borrowers Affected By Recent Disasters

Mortgage and Finance News: (ADDISON, Texas) 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.

EPIC Insurance adds New Brokerage Team in Pittsburgh, PA

Mortgage and Finance News: (PITTSBURGH, Pa.) EPIC Insurance Brokers and Consultants, a retail property and casualty insurance brokerage and employee benefits consultant, announced today the opening of operations in Pittsburgh, Pa. with the hiring of Sean Andreas, Al Dragotto, Kurt Karstens, Pete Kostorick, Sally Krauss, Zach Mendelson, Phil Wakim, Chuck Yorio, Jan Zewe and others.

Mortgage Capital Trading’s Bulk Acquisition Manager™ Technology Achieves 100 Percent Investor Adoption

Mortgage and Finance News: (SAN DIEGO, Calif.) 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.

NAMB Releases Housing Outlook: Congress Needs to Make Key Changes

Mortgage and Finance News: (WASHINGTON, D.C.) 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 Expands Metrics-Driven Lender Collaboration Lab Initiative

Mortgage and Finance News: (SAN DIEGO, Calif.) 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.

Mortgage Industry Veteran John G. Stevens Appointed as New President at NAMB

Mortgage and Finance News: (WASHINGTON, D.C.) 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.

PHH Mortgage joins The Mortgage Collaborative’s Preferred Partner Network

Mortgage and Finance News: (SAN DIEGO, Calif.) 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.

VanDyk Mortgage Encourages Borrowers to Automate Asset Verification Using AccountChek by FormFree

Mortgage and Finance News: (ATHENS, Ga.) FormFree today announced that VanDyk Mortgage Corporation 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's Encompass Consumer Connect.

TMC Benchmark: The Mortgage Collaborative Unveils New Lender Member Benchmarking Solution

Mortgage and Finance News: (SAN DIEGO, Calif.) The Mortgage Collaborative, the nation's only independent mortgage cooperative, has released its monthly benchmarking solution to its Lender Members. The first reports were made available this month and will be provided to participants on a month-to-month, real-time basis.

LBA Ware added to Advanced Technology Development Center’s ATDC Signature Portfolio

Mortgage and Finance News: (MACON, Ga.) LBA Ware, 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 to 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 hires VP of Sales and a Regional Account Executive for Appraisal Management

Mortgage and Finance News: (LEE’S SUMMIT, Mo.) 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. The company's proprietary QC technology boasts numerous unique features that assure the highest levels of quality and compliance.

Mortgage Capital Trading, Inc. named to 2017 San Diego Business Journal Best Places to Work

Mortgage and Finance News: (SAN DIEGO, Calif.) 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.

Rich Eagar of EPIC to Present at 2017 PLANADVISER National Conference Oct. 12 in Orlando

Mortgage and Finance News: (ORLANDO, Fla.) EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, announced today that Retirement Consultant Rich Eagar will present at the 2017 PLANADVISER National Conference (PANC) on Thurs., Oct. 12 at the JW Marriot, Grande Lakes in Orlando, Fla.

LiveTraders Announces Launch of its Scholarship Program for Stock Market and Forex Traders

Mortgage and Finance News: (NEW YORK, N.Y.) Celebrating the breakthrough success of their education and training programs for Stocks, Options and Forex professional traders Live Traders have decided to give back to the financially less fortunate. The educational platform recently celebrated the launch of the Live Traders Scholarship Program where qualified students have a chance to go through the Live Trader training program for free or at dramatically deep discounts.

Valerie Saunders named as New Executive Director for NAMB

Mortgage and Finance News: (WASHINGTON, D.C.) 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.

New eBook: Optimal Nonprofit Financial Management through Outsourcing, by Rocky Davidson, CPA

Mortgage and Finance News: (MACON, Ga.) Qbix Accounting Solutions announces a new eBook by Rocky Davidson, CPA. The 8-page eBook, "Optimal Nonprofit Financial Management through Outsourcing" is written for Nonprofit Executive Directors who are looking to improve their accounting function.

EPIC Insurance Brokers adds Broker Producer Tim House in Fresno, California

Mortgage and Finance News: (FRESNO, Calif.) EPIC Insurance Brokers and Consultants (EPIC), a retail property, casualty insurance brokerage and employee benefits consultant, announced today that Tim House has joined the firm as a Property and Casualty Insurance Broker/Producer in EPIC's Fresno, California office.

The Mortgage Collaborative’s Preferred Partner Network welcomes Certified Credit Reporting

Mortgage and Finance News: (SAN DIEGO, Calif.) 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.

Pendo Makes Enhancements to Its Appraisal Review Tool with over 100 Automated Checks

Mortgage and Finance News: (LEE'S SUMMIT, Mo.) 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. Pendo's Appraisal Review Tool assists their quality review team in managing the process of checking each and every appraisal, ensuring reports are accurate, complete and most of all compliant.

Quandis, Inc. Adds New Imaging Functionality to its Military Search Service for DOD SCRA Compliance

Mortgage and Finance News: (RANCHO SANTA MARGARITA, Calif.) 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).

NAMB The Association of Mortgage Professionals today announced it’s rebranding as simply ‘NAMB’

Mortgage and Finance News: (WASHINGTON, D.C.) NAMB (formerly National Association of Mortgage Brokers), 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 Insurance and LendingQB team to Eliminate Stressful Mortgage Delays Related to Homeowner’s Insurance

Mortgage and Finance News: (SHERMAN OAKS, Calif.) Matic Insurance Services (Matic), 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.

Director of Retirement Rob Massa and Ascende Wealth Advisers Inc., has been named to the 2017 Financial Times 401 Top Retirement...

Mortgage and Finance News: (HOUSTON, Texas) EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, announced today that Director of Retirement Rob Massa and Ascende Wealth Advisers Inc., EPIC's Retirement Consulting Team, has been named to the 2017 Financial Times 401 Top Retirement Plan Advisers. This list recognizes the top financial advisers who specialize in serving Defined Contribution (DC) retirement plans.

Restaurant Owner 2017 Recruiting Survey Report Details What Independent Restaurant Operators Are Doing to Attract Top Candidates

Mortgage and Finance News: (PHOENIX, Ariz.) Restaurant Owner today released the results of their 2017 Independent Restaurant Recruiting Survey. The report summarizes input gathered from over 400 independent restaurant owners and operators regarding their proven recruiting practices.

FormFree Expands Alliance with LexisNexis Risk Solutions and impending launch of AccountChek Plus

Mortgage and Finance News: (ATHENS, Ga.) FormFree today announced the impending launch of AccountChek Plus, a new tool for lenders that combines the features of AccountChek, the nation's most trusted asset verification app, with liens and civil judgments data from LexisNexis 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 welcomes BUILT to Preferred Partner Network

Mortgage and Finance News: (NASHVILLE, Tenn.) 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. Built is the leading provider of secure, cloud-based construction lending software.