News Topic: Business
News: Click n’ Close Chief Operations Officer Kara Lamphere Selected in Mortgage Women Magazine’s Annual Mortgage Star Award Program
Mortgage and Finance News: (ADDISON, Texas) Click n' Close, a multi-state mortgage lender serving consumers and mortgage originators through its wholesale and correspondent channels, today announced Kara Lamphere has been named a Mortgage Star in Mortgage Women Magazine's annual awards program.
News: MMI’s VP of Strategic Partnerships Heidi Iverson Named a Mortgage Star in Mortgage Women Magazine’s Annual Award Program
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, today announced Heidi Iverson, vice president of strategic partnerships, has been named a Mortgage Star by Mortgage Women Magazine.
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.
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: 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: Floify’s President and General Manager Sofia Rossato named to 2024 HousingWire Women of Influence and Inman Best in Finance lists
Mortgage and Finance News: (BOULDER, Colo.) Floify, the mortgage industry's leading point-of-sale (POS) solution, today announced that Sofia Rossato, its president and general manager, has received two new honors, being named to HousingWire's Women of Influence and Inman's Best in Finance list. The Inman award is the second in a row for Rossato.
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: Dark Matter Technologies’ Richard Gagliano honored with the 2024 Inman Best of Finance award
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, today announced that Inman has recognized its CEO Richard Gagliano with the 2024 Best of Finance award. Now in its second year, the award celebrates 150 innovative professionals demonstrating exceptional leadership and impact in the real estate, mortgage and finance sectors. Honorees are hand-selected by Inman's editorial team.
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: Argyle’s Shmulik Fishman named an Inman Best of Finance award honoree
Mortgage and Finance News: (NEW YORK CITY, N.Y.) Shmulik Fishman, CEO of Argyle, a platform providing real-time income and employment verifications for some of the largest lenders in the United States, has been named to Inman's 2024 Best in Finance list. Now in its second year, the award honors professionals hand-selected by Inman's editorial team for their role in shaping the mortgage and financial services industries through leadership and commitment to innovation.
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.