Mortgage

Mortgage

Mortgage News from Mortgage & Finance News magazine

Mortgage

Mortgage
Mortgage News from Mortgage & Finance News magazine

News: LBA Ware Adds Real-Time Mortgage Compensation Push Notifications to SimpleNexus Mobile Originator App

Mortgage and Finance News: (MACON, Ga.) LBA Ware(TM), provider of the leading automated compensation and sales performance management platform for mortgage lenders, today announced that it has completed a partial integration of its compensation platform CompenSafe(TM) with SimpleNexus's enterprise digital mortgage solution. As a result, LOs will be able to receive real-time push notifications on calculated loan commissions directly through the SimpleNexus app.

News: FormFree President Faith Schwartz to Kick Off NEXT Mortgage Conference with Address on Succeeding in a Transitional Mortgage Market

Mortgage and Finance News: (ATHENS, Ga.) FormFree(R) today announced that Acting President Faith Schwartz will kick off the upcoming NEXT mortgage technology summit for women, which will take place February 7-8, 2019, at Hotel ZaZa in Dallas, Texas. Schwartz's address, "Winning in a Transitional Market," will take place on Thursday, February 7, from 8:20-8:50 a.m. CT on the event's main stage.

News: National Mortgage Professional Magazine Designates OpenClose a Top Mortgage Employer for the Third Consecutive Year

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 it was selected as a 2019 Top Mortgage Employer by National Mortgage Professional (NMP) magazine for the third straight year.

News: Nevada Now E-recording Statewide with Simplifile

Mortgage and Finance News: (CARSON City, Nev.) Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents and counties, today announced that Mineral County, Nev., has adopted its e-recording service.

News: NotaryCam Helps East Texas Title Complete Its First Remote Online Closing

Mortgage and Finance News: (NEWPORT BEACH, Calif.) NotaryCam(R), the pioneering and market leader in remote online notarization and mortgage eClosing solutions, today announced that East Texas Title has executed its first remote online closing (ROC(TM)) in Texas since the state's remote online notarization law went into effect. The transaction, which was executed using NotaryCam's eClose360(R) eClosing platform, was performed on behalf of a couple currently located in Colorado and selling their property in Longview, Texas.

News: One of the Largest Independent Title Companies in Texas Expands Use of SafeWire to All 25 Offices

Mortgage and Finance News: (COLUMBUS, Ohio) SafeChain, the industry leader in wire fraud prevention software and blockchain implementation for land title, announced today that Providence Title, one of the largest independent title companies in Texas, has expanded its deployment of SafeWire(TM) to include all 25 offices throughout the state. Moving forward, Providence Title's network of agents will use SafeWire to verify the identities of transaction participants, authenticate bank account ownership as well as securely store and transmit wiring instructions.

News: Cloudvirga’s Kyle Kamrooz named top mortgage professional under 40 for second consecutive year

Mortgage and Finance News: (IRVINE, Calif.) Cloudvirga(TM), a leading provider of digital mortgage software, today announced that company Co-founder Kyle Kamrooz has been named to National Mortgage Professional (NMP) magazine's list of the 40 most influential mortgage professionals under 40 for the second year in a row.

News: Matic Helps Servicers Shave Nearly 6-percent Off Homeowners’ Monthly Mortgage Costs in 2018

Mortgage and Finance News: (COLUMBUS, Ohio) Matic, the digital homeowners insurance marketplace built for mortgage servicers and lenders, reduced homeowners' monthly mortgage costs an average of 5.5 percent in 2018 by delivering average per-household homeowners insurance savings of $517. The announcement comes on the heels of a year marked by rapid growth for Matic, which helped homeowners identify $124 million in savings over the course of quoting homeowners insurance for over $180 billion worth of residential real estate.

News: Digital mortgage provider Cloudvirga closes 2018 with customers producing nearly $200B in loan volume, secures $50m in capital

Mortgage and Finance News: (IRVINE, Calif.) Cloudvirga(TM), a leading provider of digital mortgage software, closed the books on 2018 with a 54 percent year-over-year increase in mortgage loan volume processed through its intelligent Mortgage Platform(TM). The strong 2018 results topped a long list of achievements.

News: Business Association of Real Estate Appraisers (BAREA) partners with Anow to empower appraisal firms in Canada with transformative tech

Mortgage and Finance News: (RED DEER, Alberta) Anow, the appraisal firm management software developer that simplifies the way real estate appraisers manage their businesses, today announced a partnership that makes its powerful appraisal technology platform available to members of the Business Association of Real Estate Appraisers (BAREA).

News: FormFree Builds on Its Success in 2018 with Addition of New Products and Industry Partnerships, Including Freddie Mac

Mortgage and Finance News: (ATHENS, Ga.) After a banner 2018 that included new partnerships, a product launch and several industry accolades, automated verification provider FormFree(R) anticipates continued growth and innovation in 2019 thanks in part to an expanded focus on serving the needs of independent mortgage brokers.

News: Transformational Mortgage Solutions Appoints Michael Barrett as Mortgage Executive Consultant

Mortgage and Finance News: (AUSTIN, Texas) Leading mortgage industry management consulting firm Austin, Texas-based Transformational Mortgage Solutions (TMS), today announced that it has brought on Michael Barrett as mortgage executive consultant. In this role, Barrett will apply his more than 17-years of mortgage business and product development expertise to helping TMS clients improve process efficiencies, execute digital mortgage transformation strategies and expand profit margins.

News: LenderCity Chooses FinKube’s ELSA AI-Powered Virtual Assistant

Mortgage and Finance News: (DALLAS, Texas) FinKube, a company that provides AI-powered Platform-as-a-Service solutions for a range of industries, announced today that St. Louis-based LenderCity has successfully deployed ELSA, FinKube's Electronic Loan Services Assistant. The mortgage industry's first chatbot is already interacting with prospective borrowers on the LenderCity website.

News: Simplifile Adds 46 Midwest, West 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 46 additional recording jurisdictions located in 13 states throughout the Midwest and Western U.S. have joined Simplifile's e-recording network.

News: LBA Ware CEO to Discuss Loan Originator Compensation Trends in Today’s Market at MBA Independent Mortgage Bankers Conference

Mortgage and Finance News: (MACON, Ga.) LBA Ware(TM), provider of the leading automated compensation and sales performance management platform for mortgage lenders, today announced that its Founder and CEO Lori Brewer will be a panelist at the Mortgage Bankers Association's (MBA) 2019 Independent Mortgage Bankers (IMB) Conference, which will be held January 28-31 at the Hyatt Regency San Francisco.

News: Anow Closes 2018 with 110-percent Year-over-Year Increase in Orders Processed Through Its Digital Appraisal Office Management Technology

Mortgage and Finance News: (RED DEER, Alberta) Digital appraisal management software developer Anow reported a record 110 percent year-over-year increase in appraisal orders processed through its core appraisal office management platform in 2018 despite an industry-wide, market-driven drop in orders per customer.

News: SafeChain Digitizes Property Deed Transfer and Conveyance for Perry County, Ohio

Mortgage and Finance News: (COLUMBUS, Ohio) SafeChain, the industry leader in wire fraud prevention software and blockchain implementation for land title, announced today it has completed the digital conversion of Perry County, Ohio's deed transfer and conveyance process between the engineer and auditor. Beginning January 7, the Perry County Engineer's office will be able to digitize property deeds before the inspection and mapping process.

News: ARMCO Launches ARMCO CARES Employee Donation Matching Program

Mortgage and Finance News: (POMPANO BEACH, Fla.) ACES Risk Management (ARMCO), the leading provider of enterprise financial risk management solutions, announced the launch of ARMCO CARES, the company's employee matching gift program.

News: Former FNF/Black Knight executive joins Cloudvirga as chief revenue officer

Mortgage and Finance News: (IRVINE, Calif.) Cloudvirga(TM), a leading provider of digital mortgage software, today announced the appointments of Dan Sogorka as chief revenue officer and Kelly Kucera as senior vice president of marketing. Sogorka, a seasoned mortgage technology executive, will drive Cloudvirga's continued revenue growth and oversee the firm's sales and marketing strategy with the help of veteran cloud technology marketer Kucera.

News: The Cooksey Team Achieves 35 Percent Increase in Profitability in 2018 Despite Overall Mortgage Market Decline

Mortgage and Finance News: (DALLAS, Texas) The Cooksey Team, a top-producing retail branch of Mid America Mortgage, Inc., announced today it has achieved year-over-year growth in volume and profitability for the sixth year running. In 2018, The Cooksey Team increased its overall volume by 27 percent over the previous year and increased the number of loan units closed by 28 percent.

News: Triserv Becomes a Preferred Partner of The Mortgage Collaborative

Mortgage and Finance News: (ROSWELL, Ga.) Triserv, a national appraisal management company (AMC), is proud to announce a strategic partnership with The Mortgage Collaborative to provide appraisal management services to the organization's growing lender member network.

News: Ohio’s Largest Title Agent Selects SafeWire by SafeChain

Mortgage and Finance News: (COLUMBUS, Ohio) SafeChain, the industry leader in wire fraud prevention software and blockchain implementation for land title, announced today that Ohio Real Title, the largest title agent in the state, has selected its technology solution, SafeWire(TM), to securely facilitate real estate wire transactions for the firm's eight offices throughout Ohio.

News: MCT’s Danyel Shipley Honored as one of Mortgage Banking’s Most Powerful Women for 2018 by NMP Magazine

Mortgage and Finance News: (SAN DIEGO, Calif.) Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that long-time employee Danyel Shipley was name to National Mortgage Professional Magazine's (NMP) 2018 list of Mortgage Banking's Most Powerful Women.

News: The Mortgage Collaborative Adds 44 New Lender Members in 2018, Now Growing Staff to Serve Expansion

Mortgage and Finance News: (SAN DIEGO, Calif.) The Mortgage Collaborative (TMC), the mortgage industry's only independent cooperative, today announced it added 44 new lender member companies in 2018, its strongest year ever for new member growth. To help support the significant growth of their network, TMC has also added Sarah Oldani and Jennifer Haning to their staff.

News: Former Houzz and Drip leader joins Cloudvirga as vice president of talent

Mortgage and Finance News: (IRVINE, Calif.) Cloudvirga(TM), a leading provider of digital mortgage software, today announced the appointment of Ashley Lundquist as vice president of talent. Lundquist will oversee the firm's initiatives to attract, develop and retain top technology talent as Cloudvirga rapidly expands its team.

News: ARMCO QC Trends Report: Defect Trends Indicate Continued Lender Downsizing

Mortgage and Finance News: (POMPANO BEACH, Fla.) ACES Risk Management (ARMCO), the leading provider of enterprise financial risk management solutions, announced the release of the quarterly ARMCO Mortgage QC Trends Report. The latest report provides loan quality findings for mortgages reviewed by ACES Audit Technology(tm) during the second quarter (Q2) of 2018.

News: United Community Bank Picks LBA Ware’s CompenSafe for Efficient, Flexible Automation of Loan Originator and Processor Commissions

Mortgage and Finance News: (MACON, Ga.) LBA Ware, provider of the leading automated incentive compensation and sales performance management platform for mortgage lenders, announced today that Georgia-based United Community Banks, Inc. (NASDAQ: UCBI) ("United") has deployed CompenSafe to automate loan originator (LO) and processor commissions.

News: SecurityNational Mortgage Implements a Fully Paperless Closing Process Using DocMagic’s Total eClose Platform

Mortgage and Finance News: (TORRANCE, Calif.) DocMagic, Inc., the premier provider of fully-compliant and document preparation, regulatory compliance and comprehensive eMortgage services, and SecurityNational Mortgage Corporation (SNMC), an independent national mortgage banker, jointly announced that they successfully rolled out DocMagic's comprehensive Total eClose(TM) platform.

News: NotaryCam, Stewart Title Execute First Complete Purchase and Sale Mortgage Transaction via Remote Online Closing in Virginia

Mortgage and Finance News: (NEWPORT BEACH, Calif.) NotaryCam(R), the leader in online notarization and the original provider of mortgage eClosing solutions, today announced it has completed the first remote online closing (ROC) for a purchase and sale transaction in Virginia in conjunction with Stewart Title(R).

News: Former loanDepot executive joins Cloudvirga as chief product officer

Mortgage and Finance News: (IRVINE, Calif.) Cloudvirga(TM), a leading provider of digital mortgage software, announced it has appointed Tim Von Kaenel to the role of chief product officer. In this role, Von Kaenel will oversee product strategy, design and go-to-market planning for Cloudvirga's growing suite of digital mortgage point-of-sale products. Von Kaenel will report to Cloudvirga CEO Michael Schreck.