Mortgage

Mortgage

Mortgage News from Mortgage & Finance News magazine

Mortgage

Mortgage
Mortgage News from Mortgage & Finance News magazine

News: Mann Mortgage Revamps Loan Originator (LO) Compensation Structure, Gains Cost-Efficiency and Flexibility with LBA Ware’s CompenSafe

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 Mann Mortgage has successfully overhauled its incentive compensation plan structure and management with CompenSafe(TM).

News: NotaryCam Anticipates 2019 Banner Year, Citing Growing Adoption of Remote Online Notary, Remote Online Closing

Mortgage and Finance News: (NEWPORT BEACH, Calif.) NotaryCam(R), creator of remote online notarization (RON), acknowledged leader in online notarization and original provider of patented mortgage eClosing solutions, today announced it is extending its 2018 record growth to another unprecedented performance in 2019. Following a nearly 140 percent 2018 increase in new users, NotaryCam surpassed 200,000 users in the first half of 2019, and is on pace to add 10,000 users monthly.

News: DocMagic and LendingPad Integrate for Easy, Compliant Document Preparation and eSigning

Mortgage and Finance News: (TORRANCE, Calif.) DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that it has completed an integration with cloud-based loan origination system (LOS) provider LendingPad from WEI Technology LLC, offering its document preparation services directly from within the LendingPad environment.

News: Homebot Aims to Improve Prequal-to-App Pull Through with Buyer Enhancements to Its Customer Engagement Platform

Mortgage and Finance News: (DENVER, Colo.) Homebot, a customer engagement platform that delivers financial scenarios to help homeowners build wealth, today announced major enhancements to the homebuying side of its platform. The latest release inserts lenders into the market search process by integrating prompts for buyers to obtain a prequal or preapproval, lock a rate, and inquire about down payment with a single click.

News: Texan Title Taps SafeWire by SafeChain to Provide Protection Against Wire Fraud

Mortgage and Finance News: (COLUMBUS, Ohio) SafeChain, the industry leader in wire fraud prevention software and blockchain implementation for land title, announced today that Texan Title has chosen SafeWire(TM) to defend its clients' wire transactions against fraud. The blockchain-backed platform will be deployed across Texan Title's family of title companies located across Texas.

News: Hometown Lenders Adopts ReverseVision Loan Origination Technology to Launch HECM and Reverse Lending Channel

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 Hometown Lenders has implemented ReverseVision's HECM and proprietary reverse loan origination technology to support the launch of the independent mortgage bank's HECM lending channel.

News: Fidelity National Financial Adds NotaryCam Remote Notarization Service to Online Closing Options

Mortgage and Finance News: (NEWPORT BEACH, Calif.) NotaryCam(R), the pioneering leader in online notarization and the original provider of mortgage eClosing solutions, today announced that Fidelity National Financial (FNF), will allow the use of NotaryCam to deliver remote online notarization (RON) and remote online closing (ROC) capabilities to FNF's network of direct title and settlement operations, as well as its network of independent title agents.

News: MQMR’s Marie O’Brien Named 2019 HousingWire Rising Star

Mortgage and Finance News: (LOS ANGELES, Calif.) Mortgage Quality Management and Research, LLC (MQMR) announced today that its Director of Compliance Marie O'Brien has been recognized by HousingWire magazine in its sixth annual HW Rising Star Awards program. O'Brien also serves as a Senior Associate in the Compliance Department of Abrams Garfinkel Margolis Bergson, LLP and as MQMR's Associate General Counsel.

News: HousingWire Honors SimpleNexus COO Ben Miller for Driving SimpleNexus’ Quadruple-Digit Growth

Mortgage and Finance News: (LEHI, Utah) SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced that company President and Chief Operating Officer Ben Miller has been named one of HousingWire's 2019 HW Rising Stars.

News: SimpleNexus Takes Home Silver Telly Award for Campaign Encouraging Mortgage Originators to ‘Do More’

Mortgage and Finance News: (LEHI, Utah) SimpleNexus, the industry's leading digital mortgage platform, has been named a silver winner of the 40th annual Telly Awards. Founded in 1979, the Telly Awards honor video and television made for all screens and are judged by The Telly Award Judging Council.

News: Strategic Benefits Advisors Taps Leslie Olds as Senior Benefits Consultant

Mortgage and Finance News: (ATLANTA, Ga.) Independent, full-service employee benefits consulting firm Strategic Benefits Advisors, Inc. (SBA) has hired veteran retirement plans leader Leslie Olds for the role of senior benefits consultant. A retirement benefits consultant of 28 years, Olds will advise SBA's plan sponsor clients on managing all aspects of their broad-based and executive retirement programs, including financing, design, implementation, administration and compliance.

News: Blue Ridge Bank, N.A. Partners with ReverseVision to Launch HECM and Reverse Lending Division

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 it has partnered with North Carolina-based Blue Ridge Bank, N.A. Mortgage Division (Blue Ridge Bank).

News: DocMagic to Again Support Annual Red Nose Day Fundraising Event

Mortgage and Finance News: (TORRANCE, Calif.) DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that the company will participate in Red Nose Day for the second year, transpiring on Thursday, May 23, 2019.

News: MCT Officially Launches Trade Auction Manager to Enable Electronic TBA MBS Trading

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 officially launched Trade Auction Manager(TM) (TAM) to enable more efficient bidding of TBA mortgage-backed securities used by lenders to hedge their open mortgage pipelines. The browser-based software module is accessible via MCTlive!, the company's award-winning comprehensive capital markets platform.

News: FirstBank Mortgage Reduces Loan Originator Compensation Processing Time by 75 percent with CompenSafe

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 FirstBank Mortgage has optimized the execution of its incentive compensation with CompenSafe(TM). By replacing spreadsheets with CompenSafe, FirstBank Mortgage has reduced the time it takes to calculate loan compensation by 75 percent

News: Simplifile Adds 38 Eastern US Jurisdictions to 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 38 additional recording jurisdictions located in 12 states throughout the Mid-Atlantic, Northeast and Southeast U.S. have joined Simplifile's e-recording network.

News: ReverseVision Launches Interactive Tool to Help Originators and Consumers Compare HECM Loans with HELOCs, First- and Second-Lien Mortgages

Mortgage and Finance News: (SAN DIEGO, Calif.) ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) and senior lending industry, today announced the release of the Comparison Calculator within RV Sales Accelerator (RVSA).

News: LBA Ware Receives Best of Macon Award for 5th Consecutive Year

Mortgage and Finance News: (MACON, Ga.) LBA Ware(TM), provider of the leading automated incentive compensation and sales performance management platform for mortgage lenders, has been selected for the 2019 Best of Macon Award in the Software Company category by the Macon Award Program. As a five-time winner of the Best of Macon Award, LBA Ware was also inducted into the 2019 Macon Business Hall of Fame.

News: BlackFin Group Officially Launches Financial Services Consulting Practice

Mortgage and Finance News: (IRVINE, Calif.) BlackFin Group - a boutique-style consulting firm focused on mortgage banking and financial services - announced that it has formally launched operations with the goal of bringing a unique method to projects that drastically deviates from the way traditional consulting practices work with clients.

News: MQMR Hires Mortgage Compliance Executive Jeff Christensen as Vice President of Sales

Mortgage and Finance News: (LOS ANGELES, Calif.) Mortgage Quality Management and Research, LLC (MQMR) announced today that it has hired Jeff Christensen as Vice President of Sales. In this role, Christensen will be responsible for leading sales, driving new business opportunities and expanding awareness of the MQMR brand in the market.

News: IDS Announces Conversion to ZenDesk to Improve Mortgage Doc Prep Customer Service

Mortgage and Finance News: (SALT LAKE CITY, Utah) Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it has converted its customer service platform to ZenDesk. The move is designed to better serve IDS customers and help the firm maintain its commitment to responding to all customer inquiries and requests effectively and efficiently.

News: TRK Connection Integrates with Veri-Tax to Expand Collection of Income Verification Providers Available in Insight RDM

Mortgage and Finance News: (SALT LAKE CITY, Utah) TRK Connection (TRK), a leading provider of mortgage quality control (QC) and origination management solutions, announced today that it has added 4506-T Income Verification from Veri-Tax, a trusted leader in verification solutions, to its flagship QC audit platform Insight Risk & Defect Management (RDM).

News: Idaho Now E-recording Statewide with Simplifile

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 Nez Perce and Shoshone counties, Idaho, have adopted its e-recording service. Idaho is now the 11th state to implement e-recording statewide using Simplifile.

News: ARMCO Bolsters C-Suite by Hiring Kyle Kehoe as Chief Revenue Officer

Mortgage and Finance News: (POMPANO BEACH, Fla.) ACES Risk Management (ARMCO), the leading provider of enterprise financial risk mitigation solutions, has announced that it has hired Kyle Kehoe as chief revenue officer. Kyle's focus will be accelerating ARMCO's organic revenue growth.

News: NotaryCam and Milo Credit Team Up To Complete International Remote Online Closing Transaction

Mortgage and Finance News: (NEWPORT BEACH, Calif.) NotaryCam(R), the pioneering leader in online notarization and original provider of mortgage eClosing solutions, today announced that it has partnered with Milo Credit to complete the lender's first remote online closing (ROC) transaction.

News: Mortgage Capital Trading Bolsters Executive Management Team with Addition of Leslie Winick as Chief Strategy Officer

Mortgage and Finance News: (SAN DIEGO, Calif.) Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that Leslie Winick has joined the company as Chief Strategy Officer (CSO). In this newly created position, Ms. Winick will play an integral role in helping MCT hone its strategic direction, further increase market share, manage rapid growth, and delight clients.

News: OpenClose Bolsters Sales Team with Addition of Mortgage Software Veteran Tom Buenz

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 that Tom Buenz has joined the company in the position of vice president, enterprise sales. In this role, Mr. Buenz will help satisfy an increasing demand for OpenClose's LOS, digital mortgage point-of-sale (POS) solution and ancillary software products.

News: FormFree Files Patent Application for Employer Data Extraction and Verification Tech

Mortgage and Finance News: (ATLANTA, Ga.) FormFree today announced the filing of a patent application titled 'Method and System for Employer Verification,' which describes the company's proprietary method and system for verifying the employment and income history of loan applicants.

News: Michigan-Based Liberty Title Deploys SafeWire to Protect Against Wire Fraud

Mortgage and Finance News: (COLUMBUS, Ohio) SafeChain, the industry leader in wire fraud prevention software and blockchain implementation for land title, announced today that Liberty Title, the fourth largest independent title company in Michigan, has selected SafeWire(TM) to safeguard wiring instructions as part of the firm's "Umbrella by Liberty Title" program.

News: SafeChain Announces Founding Title Partners in Blockchain Network

Mortgage and Finance News: (COLUMBUS, Ohio) SafeChain, in partnership with 9 independent title agents in Ohio, has launched a blockchain-backed network that enables peer-to-peer transfers of prior title insurance policies to streamline the title search process and drive down costs for member agencies.