News Topic: AP
News: Argyle is now an approved service provider supporting Freddie Mac’s AIM
Mortgage and Finance News: (NEW YORK CITY, N.Y.) Argyle, a platform providing real-time income and employment verifications for some of the largest lenders in the United States, is now an approved third-party service provider supporting Freddie Mac's Loan Product Advisor® (LPA℠) asset and income modeler (AIM), a solution that simplifies the mortgage underwriting process for lenders. Argyle's verification of income and employment (VOIE) solution, which includes reports, pay stubs and W-2s, saves lenders 5-7 days per loan and 60-80% in costs compared to legacy VOIE providers.
News: Mortgage Machine Services Enhances AI-Powered Document Management System to Accelerate Loan Processing Speed
Mortgage and Finance News: (ADDISON, Texas) Mortgage Machine Services, an industry leader in digital origination technology to residential mortgage lenders, announced the launch of Auto Split, an enhancement to the Click n' File document management system embedded into the Mortgage Machine™ loan origination system (LOS).
News: Informative Research Unveils Enhancements to Its Suite of Mortgage Portfolio Monitoring Alerts
Mortgage and Finance News: (GARDEN GROVE, Calif.) Informative Research, a leading technology platform that delivers data-driven solutions to the lending community, announced the launch of new alert types to enhance the portfolio monitoring service offered by Informative Research Data Solutions. These advanced alerts offer sophisticated monitoring capabilities, enrich lenders' portfolio monitoring and borrower engagement strategies and solidify Informative Research as a data solutions leader in the mortgage industry.
News: Teal Makes the Inc. 5000, at No. 2093, for the 6th Time
Mortgage and Finance News: (WASHINGTON, D.C.) Inc. revealed today that Teal ranks No. 2093 with a three-year revenue growth of 251% on the 2024 Inc. 5000, its annual list of the fastest-growing private companies in America. The prestigious ranking provides a data-driven look at the most successful companies within the economy's most dynamic segment-its independent, entrepreneurial businesses.
News: Accountable CRM Launches First Activity-Based Platform for Mortgage Teams
Mortgage and Finance News: (AUSTIN, Texas) 90-Day Sales Manager proudly launches the first activity-based CRM with built-in coaching and accountability for mortgage teams at credit unions and community banks. The 3-in-1 platform provides mortgage departments an affordable solution to help loan officers stay productive during challenging times.
News: July Refinance Activity Hits Highest Levels Since September 2022
Mortgage and Finance News: (PLANO, Texas) Optimal Blue today released its July 2024 Market Advantage mortgage data report, which revealed that mortgage refinance demand surged to levels not seen since September 2022 amid softening interest rates. The lower interest rates seen in July also coaxed increased purchase activity, which, combined with greater refi activity, drove a 3.5% month-over-month (MoM) increase in mortgage rate lock volumes.
News: Matrix Advises Watershed Car Wash on the Successful Recapitalization of the Company
Mortgage and Finance News: (BALTIMORE, Md.) Matrix Capital Markets Group, Inc. ("Matrix"), a leading independent investment bank, announces that it served as lead advisor on the recapitalization of Watershed Car Wash's ("Watershed" or the "Company") portfolio comprised of 30 express tunnel car wash sites.
News: Patented Technology Allows Mortgage Buyers to Transact with Any Seller on MCT Marketplace
Mortgage and Finance News: (SAN DIEGO, Calif.) Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, today announced that the company has been awarded a patent for the security spread commitment used in the industry's largest mortgage asset exchange: MCT Marketplace. The security spread commitment transforms loan auctions, turning shadow bids into executable prices.
News: Secured Signing Notary Community platform enables notaries to connect with clients online, receive jobs, and chat directly
Mortgage and Finance News: (MOUNTAIN VIEW, Calif.) Secured Signing, a frontrunner in the realm of digital signature and remote online notarization solutions, is thrilled to unveil a series of substantial upgrades to its Notary Community platform. These enhancements are meticulously crafted to empower notaries to broaden their client base, attract many business opportunities, and optimize their workflow efficiency.
News: EnergyCAP Appoints Shawn Lankton as Chief Executive Officer
Mortgage and Finance News: (BOALSBURG, Pa.) EnergyCAP, the leading provider of energy and sustainability enterprise resource planning (ERP) software, today announced the appointment of Shawn Lankton as Chief Executive Officer. This decision reflects the Board's continued and growing optimism across the spectrum of growth opportunities ahead for EnergyCAP.
News: Attorney Jenna Sutter Joins All Injuries Law Firm
Mortgage and Finance News: (PORT CHARLOTTE, Fla.) All Injuries Law Firm is proud to announce the addition of Jenna Sutter, Esq. to our top team of attorneys. A member of the Florida Bar Association since 2022, Ms. Sutter brings a passion and energy for helping people with personal injury claims, and protecting the rights of Florida's workers.
News: MCT Reports a 6% Mortgage Lock Volume Decrease in Latest Report
Mortgage and Finance News: (SAN DIEGO, Calif.) Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, announced today a decrease of 5.67% in mortgage lock volume compared to the previous month. Industry professionals and enthusiasts are invited to download the complete report for comprehensive insights into the market dynamics.
News: Dovenmuehle’s Patricia McCarthy named a 2024 Insider in HousingWire Magazine’s annual award program
Mortgage and Finance News: (LAKE ZURICH, Ill.) Dovenmuehle Mortgage, Inc. (Dovenmuehle), a leading mortgage subservicing company, announced today that Vice President of the Escrow Department Patricia McCarthy was selected by HousingWire magazine for its annual Insiders awards program.
News: Informative Research’s Penny Gonzalez Named 2024 HousingWire Insider
Mortgage and Finance News: (IRVINE, Calif.) Informative Research, a leading technology platform that delivers data-driven solutions to the lending community, announced today that Penny Gonzalez, Vice President of Business Process, has been selected by HousingWire magazine for its annual Insiders awards program.
News: LenderLogix Integrates Income, Employment Verification Services from Truv into LiteSpeed Mortgage Point-of-Sale
Mortgage and Finance News: (BUFFALO, N.Y.) LenderLogix, a leading provider of mortgage point-of-sale and automation software for banks, credit unions, independent mortgage banks, and brokers, today announced its integration with automated employment and income technology provider Truv. Through the integration, lenders can now access Truv's consumer-permissioned data platform through LenderLogix's point-of-sale (POS) LiteSpeed to obtain direct-to-source income and employment verification for mortgage applicants.
News: ACES Quality Management Enhances ACES Deposit Account Audit Pack for Banks and 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 release of its Deposit Accounts Audit Pack. The pre-configured audit pack is designed to assist financial institutions with meeting the deposit account monitoring requirements from the Federal Deposit Insurance Corporation (FDIC) and other prudential regulators.
News: Mortgage industry veteran Brad Cardwell joins Down Payment Resource as vice president of sales and business development
Mortgage and Finance News: (ATLANTA, Ga.) Down Payment Resource (DPR), the housing industry's leading technology for connecting homebuyers with homebuyer assistance programs, today announced 20-year mortgage industry veteran Brad Cardwell has joined DPR as its vice president of sales and business development.
News: Informative Research’s Kelly Richards Receives MPA Elite Women Award
Mortgage and Finance News: (IRVINE, Calif.) Informative Research, a leading technology platform that delivers data-driven solutions to the lending community, announced today that Kelly Richards, Head of Sales Support, has been named a winner of the MPA Elite Women 2024 by Mortgage Professional America (MPA). This award recognizes exceptional female leaders who have significantly contributed to the mortgage industry.
News: Step into Modern Living: Exclusive Sneak Peek of Innovative Smart Home Cottages Coming to Chicagoland
Mortgage and Finance News: (ARLINGTON HEIGHTS, Ill.) Lutheran Life Communities, a non-profit senior living and services organization, announces the expansion of two of its 62+ senior living campuses with the planned development of up to 24 new cottage homes. The new cottages will be built at Pleasant View in Ottawa, Illinois and Wittenberg Village in Crown Point, Indiana. The cottages at these two entrance fee communities are designed for modern living and long-term peace of mind.
News: Alliance Group’s Oscar Lievano Joins the Georgia First Generation Foundation to Empower First-Generation Students
Mortgage and Finance News: (LAWRENCEVILLE, Ga.) Alliance Group proudly announces that its esteemed Spanish Marketing Expert, Oscar Lievano, has been appointed as the Marketing and Development Committee Chair on the Board of Directors of the Georgia First Generation Foundation. This appointment underscores Alliance Group and Oscar's commitment to community engagement and educational empowerment, especially for first-generation students.
News: Informative Research Enhances Verification Platform through Expanded Integration with The Work Number® from Equifax
Mortgage and Finance News: (GARDEN GROVE, Calif.) Informative Research, a leading technology platform delivering data-driven solutions to the lending community, today announced the expansion of its verification platform through the integration of additional Equifax solutions that leverage The Work Number®, the industry-leading commercial source of consolidated income and employment information.
News: MMI Taps Dan Jones as Chief Data Officer as It Expands Data Initiatives and Features
Mortgage and Finance News: (SALT LAKE CITY, Utah) Mobility Market Intelligence (MMI), a leader in data intelligence and market insight tools for the mortgage and real estate industries, announced today that Dan Jones, a seasoned data and artificial intelligence (AI) strategist, has joined the company as chief data officer.
News: Federal funds fuel quarterly growth in U.S. down payment assistance programs, which now number 2,415
Mortgage and Finance News: (ATLANTA, Ga.) Down Payment Resource (DPR), the housing industry authority on homebuyer assistance program data and solutions, today released its Q2 2024 Homeownership Program Index (HPI) report. The Q2 report saw the national homebuyer assistance programs increase by 42 to 2,415 - the highest count on record. Much of this quarter's increase in program count was due to local agencies pulling more heavily from federal funding to support homebuyer assistance.
News: Optimal Blue Launches New Generative AI Assistant Capabilities
Mortgage and Finance News: (PLANO, Texas) Optimal Blue today announced the delivery of generative AI capabilities centered on helping lenders maximize profitability on every loan transaction. Through direct engagement with its thousands of clients, the company has begun delivering generative AI capabilities built for secondary-market-specific use cases and purposefully designed to solve the real-world challenges that mortgage lenders face.
News: LenderLogix Q2 2024 Homebuyer Intelligence Report Data Shows Home Buying Activity and Fees Collected by Fee Chaser Remain Steady Thus...
Mortgage and Finance News: (BUFFALO, N.Y.) LenderLogix, a leading provider of mortgage point-of-sale and automation software for banks, credit unions, independent mortgage banks, and brokers, today announced the latest release of the Homebuyer Intelligence Report, a quarterly summary of insights into borrower behavior during the home buying process based on data collected by the LenderLogix suite of tools. The latest report covers data collected during the pre-approval and borrower application process during the second quarter (Q2) of 2024.
News: Matrix Advises Pump N’ Pantry, Inc. on its Sale to United Refining Company
Mortgage and Finance News: (RICHMOND, Va.) Matrix Capital Markets Group, Inc., a leading, independent investment bank, has advised Pump N' Pantry, Inc. and its affiliates (collectively, "Pump N' Pantry" or the "Company") on the sale of its convenience retail assets to United Refining Company. Headquartered in Montrose, Pennsylvania, Pump N' Pantry is a leading, regional convenience retailer, operating 14 convenience stores throughout central Pennsylvania.
News: Alliance Group’s Carlos Vazquez Elected to The University of Georgia’s Latino Alumni Council
Mortgage and Finance News: (ATLANTA, Ga.) Alliance Group is proud to announce that Carlos Vazquez, its esteemed Marketing Coordinator, has been elected to the University of Georgia's Latino Alumni Council. Carlos will serve a two-year term, spanning July 2024 to July 2026. The University of Georgia Alumni Association extended their heartfelt congratulations to Carlos.
News: Asset Defense Team and Vast Solutions Group Announce a New Joint Venture for Asset Protection and Tax Strategy
Mortgage and Finance News: (SEATTLE, Wash.) Asset Defense Team and Vast Solutions Group (VastSolutionsGroup.com) are pleased to announce their joint venture, VastAssetDefense.com. This partnership brings together two leading companies in the asset protection and tax strategy industry, combining their expertise and resources to provide top-quality services to clients around the globe. The alliance is introducing an advanced AI platform called "Einstein" and is currently in Beta 4.0 and is also introducing a community called Vast Vault.
News: Falling Home Prices and Purchase Mortgage Locks Reveal a Stagnant Late-Spring Housing Market
Mortgage and Finance News: (PLANO, Texas) Optimal Blue today released its June 2024 Market Advantage mortgage data report, which revealed a stagnant late-spring housing market as home prices dropped for the first time in 2024 and purchase lock counts fell 8% over the previous year. All mortgage lock figures in this news release have been controlled for fewer market days in June.
News: Informative Research Adds Brandon Hall as New EVP of Operations
Mortgage and Finance News: (GARDEN GROVE, Calif.) Informative Research, a leading technology platform that delivers data-driven solutions to the lending community, has named Brandon Hall as its new executive vice president (EVP) of operations. Hall brings over 20 years of experience driving operational excellence within the financial services sector and is known for implementing innovative process improvements, fostering cross-functional collaboration and leading through change.