News Topic AP

News Topic: AP

News: Matrix Advises on the Sale of Atlantic States Lubricants Corp. to Moove

Mortgage and Finance News: (RICHMOND, Va.) Matrix Capital Markets Group, Inc. announces the successful sale of certain assets of Atlantic States Lubricants Corp. ("ASL") to Moove, formerly known as PetroChoice. Atlantic States Lubricants, based in Farmingdale, New York, is an authorized distributor of Mobil-branded lubricants and related products.

News: Dovenmuehle Earns FHA Tier 1 Rating from HUD’s Tier Ranking System (TRS) II Scorecard

Mortgage and Finance News: (LAKE ZURICH, Ill.) Dovenmuehle Mortgage, Inc., a leader in mortgage subservicing, announced today that it received a Tier 1 Rating from the U.S. Department of Housing and Urban Development (HUD). This rating was awarded for Dovenmuehle's Federal Housing Administration (FHA) servicing performance under HUD's Tier Ranking System II (TRS II).

News: Matrix Advises Jolley Stores and S.B. Collins on its Sale to Stewart’s Shops

Mortgage and Finance News: (RICHMOND, Va., and BALTIMORE, Md.) Matrix Capital Markets Group, Inc. announces that it has advised Jolley Associates, LLC and S.B. Collins, Inc. (collectively, "SBC") on the sale of its convenience retail, wholesale dealer, and residential heating oil (d/b/a as Clarence Brown) businesses to Stewart's Shops Corp.

News: Click n’ Close welcomes Jeff Raich to its National Sales bench

Mortgage and Finance News: (ADDISON, Texas) Click n' Close (CNC), a multi-state mortgage lender serving consumers and mortgage originators through its wholesale and correspondent channels, today announced Jeff Raich has joined the organization as a national sales director in correspondent lending.

News: DrBalcony App Redefines Balcony Inspections with Unparalleled Efficiency

Mortgage and Finance News: (SANTA ANA, Calif.) In a groundbreaking move for the property management and inspection industry, DrBalcony (drbalcony.com) introduces its cutting-edge app, a pioneering digital platform designed to revolutionize the balcony inspection process. This innovative tool empowers homeowners, property managers, and Homeowner Associations (HOAs) with a streamlined, intuitive experience, eliminating inefficiencies and redefining how inspections are managed.

News: MCT Reports a 15% Decrease in Mortgage Lock Volume Amid Higher Rates

Mortgage and Finance News: (SAN DIEGO, Calif.) Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, has announced a 15.12% decrease in mortgage lock volume compared to the previous month. The data, reflecting current market dynamics, is available in MCT's latest report, which offers in-depth analysis and insights for industry professionals and stakeholders.

News: Empowering Businesses and Notaries to Expand Their Reach with Cutting-Edge RON Technology

Mortgage and Finance News: (DALLAS, Texas) ProNotary, a pioneering force in the remote online notarization (RON) industry, today announced its expansion into Montana, Iowa, and Missouri. This milestone marks a significant step in ProNotary's mission to provide seamless and secure notarization solutions across the United States, enabling notaries and businesses in these states to connect with clients anywhere in the world.

News: Vice Capital Markets signs 50th Investor Partner to ViceEx mortgage whole loan trading platform

Mortgage and Finance News: (NOVI, Mich.) Vice Capital Markets, a leading mortgage hedge advisory firm for independent lenders, banks and credit unions, announced today the addition of its 50th investor to its all-inclusive whole loan trading platform Vice Execution Portal™ (ViceEx™). This addition enhances the platform's ability to deliver unmatched market access and execution flexibility for clients selling mandatory, including all agency executions.

News: Mortgage Lock Activity Fell in November as Interest Rates Hit Their Highest Levels Since July

Mortgage and Finance News: (PLANO, Texas) Optimal Blue today released its November 2024 Market Advantage mortgage data report, highlighting a 25% decrease in month-over-month (MoM) lock volume as interest rates hit their highest levels since early July, creating headwinds for affordability.

News: Optimal Blue Announces Tony Hawk, Housing Industry Leaders to Headline Inaugural User Conference

Mortgage and Finance News: (PLANO, Texas) Optimal Blue today announced the speaker lineup for its inaugural user conference, the Optimal Blue Summit 2025. Legendary skateboarder and entrepreneur Tony Hawk will headline the event. The conference will also feature sessions led by Mortgage Bankers Association (MBA) Chief Economist and Senior Vice President of Research and Business Development Michael Fratantoni, Ph.D., MBA Associate Vice President of Secondary and Capital Markets Sasha Hewlett, AMP, HousingWire Editor in Chief Sarah Wheeler, and representatives from Microsoft.

News: Secured Signing has experienced a remarkable 30% month-over-month growth in demand for its Remote Online Notarizations Platform

Mortgage and Finance News: (MOUNTAIN VIEW, Calif.) Secured Signing, a leading provider of digital signing and Remote Online Notarization (RON) solutions, is excited to unveil a series of powerful enhancements to its platform. These updates solidify its leadership in the digital notarization industry by optimizing workflow efficiency, increasing transparency, and enhancing user control.

News: CFD Companies Announce $300M in new AUA and Increased Partnership with Kingdom Advisors

Mortgage and Finance News: (KOKOMO, Ind.) CFD Companies, home to a fully independent Broker/Dealer and RIA, announced that they continued to enjoy growth in the second and third quarters of 2024. Multiple financial professionals moved their affiliations from competitors to the CFD Companies during the last two quarters, bringing over an additional $300 million in assets under advisement (AUA) to the CFD Companies.

News: SureShotFX Launches Limited-Time 60% Savings Black Friday Offer to Enhance Forex Journey: Designed for All Levels of Traders

Mortgage and Finance News: (LONDON, U.K.) SureShotFX, a renown forex signals and tools provider , is excited to announce its exclusive Black Friday promotion. The highly anticipated Black Friday offers, which were originally slated for November 26 to November 30, 2024, have been unveiled early, giving traders a head start on incredible savings. Whether you're just starting out or a seasoned pro, this early access is the perfect opportunity to level up your trading game and take advantage of unbeatable deals.

News: Get up to 70% Off Black Friday Deals on Signal Copying Tools – Only at Telegram Signal Copier!

Mortgage and Finance News: (LONDON, U.K.) Telegram Signal Copier, the best signal copier in the trading industry, prepares for one of the biggest shopping days of the year. So, it has announced its Black Friday offers, initially set to run from November 26 to November 30, are now live, giving traders an exclusive early chance to take advantage of substantial savings. These offers are designed for traders of all levels who are looking to enhance their trading performance.

News: Shore United Bank inks contract with Dark Matter Technologies for its mortgage business with the Empower LOS and AIVA AI...

Mortgage and Finance News: (JACKSONVILLE, Fla.) Dark Matter Technologies (Dark Matter®), an innovative leader in mortgage technology backed by time-tested loan origination software and leadership, announced today that Shore United Bank (Shore United), a community bank founded in 1876, has selected the Empower® LOS and select AIVA® AI virtual assistants from Dark Matter to streamline its mortgage lending operations and offer additional support for integrations.

News: ACES Q2 2024 Mortgage QC Trends Report Reveals Second Consecutive Increase in Critical Defect Rate

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 Industry Trends Report covering the second quarter (Q2) of 2024. The latest report analyzes post-closing quality control data derived from ACES Quality Management & Control® software. ACES has altered the timing of this report to better reflect Fannie Mae's accelerated timeline for post-closing quality control reviews.

News: Strategic Benefits Advisors recognized among Atlanta’s top employee benefits and compensation companies for sixth year

Mortgage and Finance News: (ATLANTA, Ga.) Strategic Benefits Advisors, Inc. (SBA) has been honored by the Atlanta Business Chronicle as one of Atlanta's top employee benefits and compensation companies of 2024. This is the sixth consecutive year SBA has made the Chronicle's annual list, which highlights metro Atlanta's largest employers of benefits consultants. The accolade underscores SBA's steady growth and success in delivering expert consulting and benefits delivery services to public and private-sector employers across North America.

News: AFL Global Automates Energy Management and Anticipates $304K of Savings in First Year with EnergyCAP

Mortgage and Finance News: (BOALSBURG, Pa.) AFL Global, a global leader in telecommunications and fiber optic solutions, has achieved a significant sustainability milestone by leveraging EnergyCAP, a leading energy and sustainability software platform. By implementing EnergyCAP, AFL Global has automated the management of nearly two-hundred utility accounts, which has enabled $304,000 in anticipated annual energy and utility cost savings and substantial environmental gains.

News: MCT Announces 2.5% Increase in Mortgage Lock Volume Despite October Market Volatility

Mortgage and Finance News: (SAN DIEGO, Calif.) Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, reported a 2.5% increase in mortgage lock volume compared to the previous month. Mortgage market professionals and industry enthusiasts are invited to download MCT's comprehensive report to gain deeper insights into the current market dynamics.

News: Mortgage Machine awarded SOC 2 Compliance Status – AICPA-guided examination shows LOS operates as promised

Mortgage and Finance News: (ADDISON, Texas) Mortgage Machine™ (MMS), the loan origination system of record for digital mortgage pioneer Click n' Close (formerly known as Mid America Mortgage), has achieved SOC 2® compliance.

News: ACES Quality Management now supplies audit technology to six of the top 20 largest U.S. credit unions

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 addition of 10 credit unions to its growing customer base. These organizations leverage ACES Quality Management & Control Software® to improve quality and mitigate risk across multiple internal areas, including mortgage lending, consumer lending, deposit accounts and more.

News: October Mortgage Lock Data Shows Resilience and Cracks in the Mortgage Market as Interest Rates Tick up 65 Basis Points

Mortgage and Finance News: (PLANO, Texas) Optimal Blue today released its October 2024 Market Advantage mortgage data report, highlighting resilient purchase activity in the face of rising interest rates and affordability challenges. Despite a 65-basis-point (bps) increase in the Optimal Blue Mortgage Market Indices (OBMMI) 30-year conforming rate, purchase lock volume grew by 12% month over month (MoM), signaling strong demand among homebuyers.

News: Optimal Blue Promotes Industry Experts to New Executive Roles to Accelerate Innovation and Prioritize Partnerships

Mortgage and Finance News: (PLANO, Texas) Optimal Blue today announced two key executive promotions that will position the company to deliver innovation faster across the company's entire capital markets platform, and to further expand the company's network of partners. Erin Wester has been promoted to chief product officer and Mike Vough has been promoted to head of corporate strategy.

News: Down Payment Resource highlights 49 homebuyer assistance programs offering up to $117,000 in funds for Veterans and service members

Mortgage and Finance News: (ATLANTA, Ga.) Down Payment Resource (DPR), the housing industry's leading technology for connecting homebuyers with homebuyer assistance programs, is highlighting homebuyer assistance programs to support Veterans, service members and their surviving spouses in conjunction with Veterans Day and Military Family Appreciation Month, both observed in November. While service members are eligible for any of the 2,400-plus U.S. homebuyer assistance programs, DPR found there are 49 programs offering up to $117,000 in assistance specifically developed to help our military community members build, buy or make accessibility-related home renovations.

News: National Collective of Home Stagers Meet REALTORS at National Association of REALTORS’ NAR NXT Event in Boston

Mortgage and Finance News: (BOSTON, Mass.) The value of home staging in today's real estate market will be emphasized by founders of The Staging Collective at NAR NXT 24 this week in Boston. Melinda Christman, Olive & Opal Interiors, St. Louis, Missouri; Patrick Furlow, Step By Stage Interiors, Lakeland, Florida; and Liz Pensiero, Liz Pensiero Staging, Stamford, Connecticut, join 15,000+ attendees for the nation's largest event focused on building business for real estate agents and brokers.

News: Dark Matter Technologies announces planned CEO transition effective April 2025

Mortgage and Finance News: (JACKSONVILLE, Fla.) Dark Matter Technologies (Dark Matter), an innovative leader in mortgage technology, today announced that Sean Dugan, the company's chief revenue officer, will succeed Rich Gagliano as CEO effective April 2025. Gagliano, who launched Dark Matter in 2023 following over a decade of leadership at its predecessor, Black Knight Origination Technologies, will step into the role of executive chairman.

News: Bryan Greenberg of All Injuries Law Firm Receives the Second Annual Hon. Robert L. Dietz Emerging Professional Award

Mortgage and Finance News: (PORT CHARLOTTE, Fla.) All Injuries Law Firm is excited to announce that attorney Bryan Greenberg has been honored with the Second Annual Hon. Robert L. Dietz Emerging Professional Award presented by the Florida Office of Judges of Compensation Claims (OJCC). This esteemed recognition was awarded during the OJCC Academy held in Orlando on October 18, 2024.

News: Family Lawyer Ronique Bastine Robinson Moderates Panel on NIL at the Annual AAML Meeting

Mortgage and Finance News: (CHICAGO, Ill.) The annual American Academy Matrimonial Lawyers, AAML, meeting is set to take place in Chicago, IL on November 6-9, 2024. Ronique Bastine Robinson, founder of Bastine Law Group based in Stafford, Texas, will moderate a panel discussion with both sports agents, consultants, and family law attorneys.

News: TSC Launches Special Halloween ‘Trick or Treat’ Campaign, Offering Traders a Month of Exclusive Deals and Spooky Surprises

Mortgage and Finance News: (LONDON, U.K.) TSC (Telegram Signal Copier), a leading signal trade copier tool, has announced the launch of its Halloween 'Trick or Treat' campaign, running from October 22-31, 2024. Through this campaign, Telegram Signal Copier's initiative aims to foster a fun and interactive environment, encouraging both new and seasoned traders to take advantage of the unique opportunities available. The campaign features a variety of trading offers intended to provide traders with opportunities to access premium tools and resources.

News: Beycome Expands Its Game-Changing Real Estate Services to Tennessee – Empowering Homeowners and Buyers to Take Control of Their Journey

Mortgage and Finance News: (NASHVILLE, Tenn.) Beycome (Beycome.com), the leading online platform for buying and selling homes, is excited to announce its expansion into Tennessee. Building on the success of the Indiana launch four months ago, this move furthers Beycome's mission to empower American homeowners and buyers to take full control of their real estate transactions using one of the most advanced digital solutions on the market - at a fraction of the traditional cost.