News Topic: AP
News: Dovenmuehle’s Bernadette McDonnell named 2024 Mortgage Star Award Winner by Mortgage Women Magazine
Mortgage and Finance News: (LAKE ZURICH, Ill.) Dovenmuehle Mortgage, Inc. (Dovenmuehle), a leading mortgage subservicing company, announced today that Vice President Bernadette McDonnell has been selected by Mortgage Women Magazine for its 2024 Mortgage Star Award. McDonnell was chosen for her significant contributions to the industry and dedication to Dovenmuehle over the past four decades.
News: Vice Capital Markets Launches Integration with Fannie Mae Mission Score API
Mortgage and Finance News: (NOVI, Mich.) Vice Capital Markets, a leading mortgage hedge advisory firm for independent lenders, banks and credit unions, announced today it has integrated the Fannie Mae® Mission Score application programming interface (API) into its trading portal, allowing current clients to take advantage of pricing and best execution decisions to improve gain-on-sale.
News: Eighteen homebuyer assistance programs offering up to $117,000 are available to help people with disabilities and family caregivers purchase or...
Mortgage and Finance News: (ATLANTA, Ga.) In celebration of Disability Pride Month in July, Down Payment Resource (DPR) is highlighting 18 U.S. homebuyer assistance programs that are specifically designed to support people with disabilities and their family caregivers on their journey toward homeownership. While people with disabilities may be eligible for any of the 2,300-plus U.S. homebuyer assistance programs in DPR's database, 18 are specifically developed to promote accessibility and inclusivity for aspiring homeowners with disabilities.
News: ProNotary Announces Exciting New Partner Program
Mortgage and Finance News: (DALLAS, Texas) ProNotary™, an intuitive and user-friendly digital signing solution, has announced a new partner program. Designed to enable businesses to notarize documents online, ProNotary is excited to collaborate with new partners and generate new income streams for everyone involved.
News: Down Payment Resource expands team to keep pace with a rising number of DPA programs and increasing demand
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 the addition of three new team members to support growing demand
News: The Mortgage Collaborative Advocates for Lender Concerns at Federal Housing Agencies During June DC Visits
Mortgage and Finance News: (WASHINGTON, D.C.) The Mortgage Collaborative (TMC) hosted its second Advocacy Committee trip to Washington, DC June 4-6, 2024, with 13 of its IMB and depository Lender Members meeting with key federal agencies, including the Consumer Financial Protection Bureau (CFPB), the U.S. Department of Housing and Urban Development (HUD), Ginnie Mae, Federal Housing Finance Agency (FHFA), Fannie Mae, and Freddie Mac to discuss the impact of recent and upcoming policy changes on small to mid-size lenders.
News: MCT Integrates with Fannie Mae’s Mission Score API and New Product Grids to Empower Originators to Take Advantage of Market...
Mortgage and Finance News: (SAN DIEGO, Calif.) Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, announced the launch of new integrations with Fannie Mae's Mission Score application programming interface (API) and Mission Score 2 and 3 product grids that provide better transparency and pricing for mortgages aligned with Fannie Mae's mission objectives.
News: EnergyCAP Named Market Leader in the Summer 2024 Energy Management Software Customer Success Report
Mortgage and Finance News: (STATE COLLEGE, Pa.) EnergyCAP has been named a Market Leader in the Energy Management Software category for the Summer 2024 Customer Success Report published by FeaturedCustomers. FeaturedCustomers is the leading customer success content marketing platform for B2B business software & services helping potential B2B buyers make informed purchasing decisions through vendor validated customer success content.
News: Optimal Blue Launches Competitive Data License to Help Lenders Optimize Margins With Competitive Loan Pricing Data
Mortgage and Finance News: (PLANO, Texas) Optimal Blue announced the release of Competitive Data License, a collection of key national mortgage pricing data that enables lenders to price products competitively, operate more profitably, and react swiftly to changing market conditions. Competitive Data License draws upon direct-source loan data from the Optimal Blue PPE, which is used to price and lock over 35% of loans in the United States.
News: New Book by Helen Braswell Kakouris Teaches Financial Literacy to Kids
Mortgage and Finance News: (MIAMI, Fla.) Helen Braswell Kakouris, CPA, an award-winning financial expert and entrepreneur, proudly announces the upcoming release of her new children's book, "A Dollar Is Magic" (ISBN: 979-8218428693), scheduled for publication in September 2024. In "A Dollar Is Magic," Braswell Kakouris merges her professional knowledge and personal experiences as a mother of three to simplify complex financial concepts for young readers.
News: New York Supreme Court Upholds La Belle Farm and Hudson Foie Gras’s Right to Sell the Duck Delicacy in NYC
Mortgage and Finance News: (SULLIVAN COUNTY, N.Y.) In a significant legal victory for upstate New York duck farmers, the New York Supreme Court in Albany has ruled against New York City's ban on the sale of foie gras. The ruling confirms that Local Law 202, which sought to prohibit the sale of foie gras within City limits and had been enjoined by the New York State Department of Agriculture, violates state agricultural laws designed to protect farming practices and promote agricultural commerce, La Belle Farms announced today.
News: Floify brings its industry-leading point-of-sale technology to The Mortgage Collaborative as a preferred partner
Mortgage and Finance News: (BOULDER, Colo.) Floify, the mortgage industry's leading point-of-sale (POS) solution, today announced that it has joined The Mortgage Collaborative (TMC), the nation's largest independent cooperative network serving the mortgage industry. As a member of TMC's Preferred Partner Network, Floify will provide its intuitive lending platform for mortgage lenders at a discounted rate to TMC members.
News: Critical Defect Rate Declines Five Straight Quarters, Ending 2023 at 1.53%, Per ACES Mortgage QC Industry Trends Report
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 fourth quarter (Q4) and calendar year (CY) of 2023. The latest report analyzes post-closing quality control data derived from ACES Quality Management & Control® software.
News: Secured Signing Scales Up with Strategic Leadership and Global Expansion
Mortgage and Finance News: (MOUNTAIN VIEW, Calif.) Secured Signing, a leading provider of secure Digital Signatures and Remote Online Notarization platform, today announced a significant growth, fueled by a visionary leadership change and strategic team expansion.
News: Dovenmuehle’s Above Average Residential Mortgage Loan Primary Servicer Ranking Affirmed by S&P Global Rankings
Mortgage and Finance News: (LAKE ZURICH, Ill.) Dovenmuehle Mortgage, Inc. (Dovenmuehle), a leading mortgage subservicing company, announced today that Standard & Poor's Global Ratings (S&P) has affirmed its Above Average ranking of Dovenmuehle as a residential mortgage loan primary servicer with a stable outlook. For 13 consecutive years, Dovenmuehle has consistently received an Above Average ranking from S&P.
News: Klingenstein Fields Advisors Adds Senior Planner to its Team
Mortgage and Finance News: (NEW YORK, N.Y.) Klingenstein Fields Advisors (KF Advisors) is pleased to welcome Andrew Vrachimis as a Managing Director. Andrew will join the Wealth Planning team, helping individuals and multi-generational families grow and protect their wealth and accomplish their estate planning and charitable goals. With a practical approach to personalized wealth planning, Andrew will guide clients through the many critical decisions surrounding their complex balance sheets, cash flow needs, legacy and philanthropic goals, and other planning considerations.
News: Matrix Advises Land O’Sun Management on its Sale to Anabi/Rebel
Mortgage and Finance News: (RICHMOND, Va.) Matrix Capital Markets Group, Inc., a leading, independent investment bank, has advised Land O'Sun Management Corporation d/b/a Fast Track on the sale of its petroleum marketing, convenience retail and quick-service restaurant businesses to Anabi Real Estate Development, LLC and its affiliates d/b/a Anabi/Rebel. Headquartered in Gainesville, Florida, Fast Track is a leading petroleum marketing, convenience retail and QSR company, operating 17 convenience stores, 10 co-located QSRs, and two stand-alone QSRs in Northern Florida.
News: Attorney Bryan Greenberg Speaks On Litigation Strategies At Florida Workers’ Advocates Conference
Mortgage and Finance News: (ORLANDO, Fla.) Board Certified Workers' Compensation Attorney Bryan Greenberg of All Injuries Law Firm has given a presentation on litigation strategies during the Florida Workers' Advocates 34th Annual Educational Conference. Titled "Case Law Deep Dive Strategy," Mr. Greenberg lectured attendees on advanced litigation strategies to effectively represent injured workers.
News: MCT and Lender Price Join Forces to Improve Mortgage Pricing with Loan-Level MSR Values
Mortgage and Finance News: (SAN DIEGO, Calif.) Mortgage Capital Trading (MCT®), the de facto leader in innovative mortgage capital markets technology, and Lender Price, the first cloud-native provider of mortgage pricing technology, have partnered to provide mortgage lenders using the Lender Price product and pricing engine (PPE) with loan-level MCT MSR values. MCT's industry-leading mortgage servicing rights (MSR) grids allow Lender Price PPE clients to be more granular, profitable, and efficient when generating their front-end borrower pricing and managing their MSR portfolio.
News: Avenu Insights & Analytics Unveils Groundbreaking Short-Term Rental Compliance Solution: Avenu | STR
Mortgage and Finance News: (CENTREVILLE, Va.) Avenu Insights & Analytics, a leading provider of revenue recovery and software solutions for state and local governments, proudly announces the launch of Avenu | STR, an innovative SaaS solution designed to streamline short-term rental (STR) compliance and enhance local government revenue management.
News: Mortgage Interest Rate Sensitivity Triggers 25% Spike in May Rate-and-Term Refinance Activity
Mortgage and Finance News: (PLANO, Texas) Optimal Blue today released its May 2024 Market Advantage mortgage data report, which revealed a 25.6% month-over-month (MoM) spike in rate-and-term mortgage refinances. The spike was a response to a modest drop in the Optimal Blue Mortgage Market Indices (OBMMI) 30-year conforming rate, which ended the month at 7.02%.
News: MCT Reports A 7% Mortgage Lock Volume Increase In Latest Indices 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 an increase of 6.78% in mortgage lock volume compared to the previous month. To gain comprehensive insights into the market dynamics, industry professionals and enthusiasts are invited to download the complete report.
News: Optimal Blue Names Joe Tyrrell Chief Executive Officer
Mortgage and Finance News: (PLANO, Texas) Optimal Blue today announced the appointment of Joe Tyrrell as CEO. Tyrrell succeeds interim CEO Scott Smith of Optimal Blue's parent company, Constellation Software Inc. Tyrrell brings over 25 years of experience in the mortgage, finance, and technology industries to Optimal Blue.
News: Garden Studios Bills Tenants and Identifies Energy Waste with EnergyCAP
Mortgage and Finance News: (STATE COLLEGE, Pa.) Garden Studios, an innovative film studio based in London, has transformed its utility management and billing processes by implementing EnergyCAP's leading energy management platform. This move aligns with Garden Studio's commitment to sustainability as a certified B Corporation, dedicated to responsible business practices.
News: CapitalW Collective: Educating, Elevating, and Empowering Women in Mortgage Capital Markets
Mortgage and Finance News: (SAN DIEGO, Calif.) CapitalW Collective (CapitalW), the glass shattering non-profit benefiting women and their allies in mortgage capital markets, today announced its successful debut within the mortgage industry. Officially launched on May 1, 2024, CapitalW made its first appearance at the Mortgage Bankers Association Secondary and Capital Markets Conference in New York May 19-21.
News: UPDATE AND CANCELLATION – Fugitive Captured / Reward and Awareness Fundraiser for Allahnia Lenoir
Mortgage and Finance News: (BALTIMORE, Md.) We have amazing news to share: the fugitive, Steven Oboite, has been captured! This is a tremendous relief for the family and a significant step towards justice. As a result, we are canceling the planned fundraiser event, the Family of Allahnia Lenoir announced today.
News: ProNotary Enhances Business Efficiency with Advanced Remote Online Notarization Solutions
Mortgage and Finance News: (DALLAS, Texas) ProNotary, a pioneering force in the remote online notarization industry, is proud to announce its continued commitment to transforming the landscape of notary services through cutting-edge remote online notarization (RON) solutions. Founded in 2018, ProNotary has been at the forefront of innovation, providing businesses with a comprehensive suite of notarization software designed to meet the evolving needs of the digital age.
News: Click n’ Close to Receive Top Lender Award at USDA’s Single Family Housing Guaranteed Loan Program Ceremony
Mortgage and Finance News: (ADDISON, Texas) Click n' Close, a multi-state mortgage lender, today announced that it will be honored with a top lender award at the United States Department of Agriculture's Single Family Housing Guaranteed Loan Program ceremony. This recognition underscores Click n' Close's commitment to fostering homeownership and supporting community development through innovative loan programs.
News: American Pacific Mortgage Picks Fee Chaser by LenderLogix to Collect Upfront Borrower Fees
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, recently announced the addition of American Pacific Mortgage to its roster of clients utilizing Fee Chaser. Employing Fee Chaser enables American Pacific Mortgage to efficiently and compliantly collect initial mortgage-related fees from borrowers.
News: iEmergent’s 2024-2026 U.S. Mortgage Origination Forecast is now available in Mortgage MarketSmart
Mortgage and Finance News: (DES MOINES, Iowa) iEmergent, a forecasting and advisory services firm for the financial services, mortgage and real estate industries, today announced the availability of its 2024-2026 U.S. Mortgage Origination Forecast. Updated to reflect preliminary 2023 Home Mortgage Disclosure Act (HMDA) data released by the Federal Financial Institutions Examination Council in March, iEmergent's latest projections call for modest growth in purchase originations and a gradual increase in refinance loan units and dollars as a percentage of total originations.