News Topic: Business
News: Avatar Construction Announces Multi-Family / Hotel Expansion
Mortgage and Finance News: (WATERTOWN, Mass.) Avatar Design & Construction, a leader in the construction industry, has announced the next phase of expansion in its Multi-Family & Hotel Design-Build Construction Division. Guiding this monumental growth is Chief Operations Manager Nazar Vincent, a visionary with a track record of executing innovative construction strategies.
News: Click n’ Close Announces One-Time Close Program to Address Home Buyer Challenges in Rural America
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, announced its latest mortgage product, One-Time Close (OTC) loan programs for government-insured mortgage products. This product is designed to aid homebuyers in rural America with down payment assistance, with availability in select markets.
News: Tax Relief CPA Alerts Delinquent Taxpayers as IRS Intensifies Collection Efforts and Audit Activities for 2024
Mortgage and Finance News: (LOS ANGELES, Calif.) James Cha, a CPA and a Certified Tax Resolution Specialist from Ace Plus Tax Resolution, alerts that the IRS is ramping up collections and tax audits in 2024, and urges taxpayers to act with tax relief strategies. If you haven't received IRS notices recently about unfiled returns or unpaid taxes, expect that to change. The IRS is hiring more auditors and resuming collection notices aggressively. Be prepared for stepped-up IRS collections efforts in 2024.
News: Tax attorney to millionaires, Allie Petrova, warns about new IRS tactics against taxpayers
Mortgage and Finance News: (GREENSBORO, N.C.) It is official now: The Internal Revenue Service is going after high-income taxpayers who need to be filing returns, reporting income, and coming to terms with overdue taxes, penalties, and interest, cautions renowned tax attorney and national speaker Allie Petrova, founder of Petrova Law PLLC, a premier tax resolution law firm.
News: NotaryCam Achieves Record RON Growth in 2023
Mortgage and Finance News: (HOUSTON, Texas) NotaryCam®, a Stewart-owned company and leading remote online notarization (RON) provider for real estate and legal transactions, announced significant growth in 2023, expanding its independent notary platform customer base by 46% and the number of loss mitigation-related RON transactions by 115%. The company also increased its medical credentialling remote notarizations by 45%, executing transactions in 160 out of 192 countries worldwide.
News: Spring Buying Season Kicks Off With an Uptick in Purchase Applications Despite Climbing Interest Rates
Mortgage and Finance News: (PLANO, Texas) Today, Optimal Blue released its February 2024 Originations Market Monitor report, which reveals that the spring homebuying season has kicked off with a jump in monthly purchase mortgage locks. The seasonal spike in purchase locks propelled a net increase in origination activity, even as higher interest rates led to steep declines in mortgage refinances.
News: Floify introduces flexible pricing with the introduction of Lender Edition
Mortgage and Finance News: (BOULDER, Colo.) Floify, the mortgage industry's leading point-of-sale (POS), today announced the launch of Lender Edition, a newly badged version of the popular mortgage point-of-sale that introduces a flexible per-loan pricing option for mortgage lenders. Floify Lender Edition is the counterpart to Broker Edition, a one-stop lending platform configured for the needs of mortgage brokers that was introduced in December 2023.
News: iEmergent brings actionable mortgage market intelligence to credit unions as ACUMA affiliate member
Mortgage and Finance News: (DES MOINES, Iowa) iEmergent, a forecasting and advisory services firm for the financial services, mortgage and real estate industries, announced it has joined the American Credit Union Mortgage Association (ACUMA) as an affiliate member. Since its founding nearly a quarter century ago, iEmergent has worked with credit unions and other lenders to identify missed mortgage opportunities and close gaps in market coverage.
News: Lending execs share top concerns, priorities in The Mortgage Collaborative’s 2024 Pulse of the Network survey findings
Mortgage and Finance News: (AUSTIN, Texas) The Mortgage Collaborative (TMC), the nation's largest independent cooperative network serving the mortgage industry, announced the completion of its "Pulse of the Network" survey for 2024. The full report features lenders' top five critical issues for the year, top 10 goals and anticipated strategies for success.
News: Informative Research Announces Mortgage Lenders Using Fannie Mae’s Desktop Underwriter Can Now Validate Income and Employment with AccountChek
Mortgage and Finance News: (GARDEN GROVE, Calif.) GARDEN GROVE, Calif., March 7, 2024 (SEND2PRESS NEWSWIRE) -- Informative Research, a leading technology platform that delivers data-driven solutions to the lending community, announced that lenders using Fannie Mae's Desktop Underwriter® (DU®) can now leverage a 12-month asset verification report to validate income and employment in addition to assets with a single asset report. By using direct deposit banking data to evaluate income and employment, lenders can streamline processes and improve the borrower experience.
News: MCT Reports a 20.9% Increase In Mortgage Lock Volume Amidst Rising Rates
Mortgage and Finance News: (SAN DIEGO, Calif.) Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, has reported a 20.9% increase in mortgage lock volume in February 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: Down Payment Resource’s Veronica Khandelwal named to National Mortgage Professional’s 2024 Women of Inspiration list
Mortgage and Finance News: (ATLANTA, Ga.) Down Payment Resource (DPR), the housing industry's leading technology for connecting home buyers with homebuyer assistance programs, today announced that Vice President, Housing Finance Authority (HFA) Relations, Veronica Khandelwal, has been named to the 2024 Women of Inspiration list by National Mortgage Professional, an American Business Media publication.
News: Floify’s Sofia Rossato honored with National Mortgage Professional’s 2024 Women of Inspiration award
Mortgage and Finance News: (BOULDER, Colo.) Floify, the mortgage industry's leading point-of-sale (POS) solution, today announced that President and General Manager Sofia Rossato has been recognized as a National Mortgage Professional (NMP) 2024 Woman of Inspiration. The award recognizes women who are trailblazers, visionaries and leaders in the mortgage industry.
News: LenderLogix Announces POS Integration with Informative Research’s AccountChek to Enhance the Mortgage Borrower Experience
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, announced the integration of AccountChek by Informative Research into its point-of-sale system LiteSpeed. This integration blends AccountChek's pioneering verification technology into LiteSpeed to seamlessly enhance the borrower experience and optimize the loan origination process to ensure a smooth experience for borrowers and users alike.
News: Optimal Blue’s Mike Schommer Honored as a 2024 HousingWire Finance Leader
Mortgage and Finance News: (PLANO, Texas) Today, Optimal Blue announced its vice president of finance, Mike Schommer, has been honored as a 2024 HousingWire Finance Leader. The award program celebrates senior finance executives who have exhibited exceptional leadership in corporate finance, capital markets, and accounting within the mortgage and real estate sectors.
News: MCT Releases Custom TBA Indications to Provide Price Discovery for Illiquid Coupons
Mortgage and Finance News: (SAN DIEGO, Calif.) Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, today announced the release of pricing indications for the to-be-announced mortgage-backed securities (TBAs) used by mortgage lenders to hedge their open mortgage pipelines. TBA indications improve transparency in illiquid market segments and act as a key reference point on lenders' unique executions - critical data for generating accurate front-end borrower pricing.
News: Secured Signing Unveils Cutting-Edge Features and Enhancements in Latest Announcement
Mortgage and Finance News: (MOUNTAIN VIEW, Calif.) Secured Signing, a leading provider of digital signature solutions, today announced the release of its latest version, featuring a range of innovative features and enhancements designed to make the signing process smoother and more efficient than ever. These updates benefit users of the We Sign, Form Filler templates, and Remote Online Notarization (RON) platforms.
News: Click n’ Close Welcomes Polly Cracchiolo as Wholesale Loan Division Expands
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 Polly Cracchiolo has joined the organization's third-party originator (TPO) sales team as an account executive. In this new role, Cracchiolo will be under Ken Weislak's leadership, the National TPO Business Development Manager at Click n' Close.
News: CDF Labor Law LLP Expands Firm Leadership, Elevates Six Women
Mortgage and Finance News: (IRVINE, Calif.) CDF Labor Law LLP is proud to announce the promotion of two attorneys to Partner and four to Senior Counsel, all of whom are talented women employment defense litigators. These promotions reflect our commitment to cultivating an inclusive environment that values and advances our team members' diverse skills and contributions. These individuals, part of our nearly 50-strong legal team, exemplify CDF's dedication to guiding and defending employers in California's complex labor and employment legal terrain.
News: Dark Matter Technologies unveils Horizon User Conference agenda
Mortgage and Finance News: (JACKSONVILLE, Fla.) Dark Matter Technologies (Dark Matter), an innovative new leader in mortgage technology backed by time-tested loan origination software and leadership, today announced the agenda for its Horizon User Conference. Open to Dark Matter clients and partners, the conference will take place at the Fontainebleau Miami Beach Hotel on April 24-25, 2024.
News: ACES Quality Management Releases Call Monitoring Audit Pack to Enhance Mortgage Quality Control and Compliance Programs
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, has announced its newest product offering, ACES Call Monitoring Audit Pack. The pre-built, configurable Call Monitoring Audit Pack enables lenders and servicers to establish an additional layer of protection quickly and seamlessly within their QC program. ACES Call Monitoring Audit Pack includes custom data fields, ACES managed questionnaires and custom reports configurable to the individual organizations' business needs.
News: IRS Solutions Releases IRS Advance Notice, Innovative Tax Resolution Platform Feature that Tracks and Alerts Users to IRS Transcript Changes
Mortgage and Finance News: (VALENCIA, Calif.) IRS Solutions® announces the addition of IRS Advance Notice™ (IAN) to the industry's favorite tax resolution platform. The new feature detects and alerts tax professionals to changes on client IRS transcripts, often months in advance of official notification by mail. CPAs, Enrolled Agents, Attorneys and other tax specialists can work less, earn more, and enjoy steady year-round income with IAN.
News: Agile Selected as 2024 HousingWire Tech100 Winner for the Third Consecutive Year
Mortgage and Finance News: (PHILADELPHIA, Pa.) Agile, a groundbreaking fintech bringing mortgage lenders and broker-dealers onto a single electronic platform, is excited to announce Agile Trading Technologies was selected for the 3rd consecutive year as a winner of the HousingWire Tech100 Award. The list is comprised of the most innovative technology companies in the housing market and provides housing professionals a look into the most impactful organizations that can be leveraged to identify partners and solutions.
News: MCT Awarded HW Tech100 Mortgage Award for the 5th Consecutive Year
Mortgage and Finance News: (SAN DIEGO, Calif.) Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, was announced as a 2024 HousingWire Tech100 Mortgage Winner for the 5th consecutive year. For more than a decade, HousingWire's Tech100 program has identified and recognized the most innovative technology companies serving the mortgage and real estate industries.
News: Optimal Blue Originations Market Monitor: Lock Volume Rises 36% Month Over Month in January, Falling Rates and Slowing Decline in...
Mortgage and Finance News: (PLANO, Texas) Today, Optimal Blue announced the release of its Originations Market Monitor report, looking at mortgage origination data through January month-end. Leveraging daily rate lock data from the Optimal Blue PPE - the industry's most widely used product, pricing, and eligibility engine - the Originations Market Monitor provides a comprehensive and timely view into origination activity.
News: Avenu Insights & Analytics Announces Strategic Acquisition of Judicial Innovations
Mortgage and Finance News: (CENTREVILLE, Va.) Avenu Insights & Analytics ("Avenu"), the global leader in revenue recovery and administrative solutions for state and local governments, is excited to announce its acquisition of Judicial Innovations, a pioneering provider of cloud-based payment and case management solutions. This acquisition marks Avenu's second payment solution acquisition in 2024, underscoring its commitment to investing in government payment technologies and expanding its Justice Solution set including Avenu | Court, Avenu | Jury, and Avenu | Payments.
News: Deacon Jones Automotive expands reach with acquisition of Sale Auto Mall in Kinston, North Carolina
Mortgage and Finance News: (SMITHFIELD, N.C.) Deacon Jones Automotive, a leading dealership group based in Smithfield, North Carolina, is proud to announce its recent acquisition of Sale Auto Mall Stores (BMW, Chevrolet, GMC & Ford) located in Kinston, North Carolina. By combining the strengths of both organizations, Deacon Jones Automotive aims to elevate the car-buying experience for its customers and continue its tradition of providing unparalleled value and service.
News: MMI Earns Second HousingWire Tech100 Mortgage Award
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 its inclusion in the 2024 HousingWire Tech100 Mortgage list. This year marks MMI's second appearance on the HW Tech100 list, which serves as a guide for identifying partners and solutions that address the daily challenges mortgage lenders and real estate professionals face every day.
News: ACES Quality Management Achieves a Decade of Distinction on HousingWire TECH100
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, has been selected for the tenth consecutive year by HousingWire magazine for its annual TECH100 awards program. The magazine chose ACES for the continual innovation of its flagship quality control (QC) auditing platform, ACES Quality Management & Control® software.
News: Matrix Advises on the Sale of Hicks Oils’ Lubricants Business to Schaeffer Manufacturing Company
Mortgage and Finance News: (RICHMOND, Va.) Matrix Capital Markets Group, Inc. ("Matrix"), a leading, independent investment bank, announces that it has advised Hicks Oils & Hicksgas, Incorporated ("Hicks" or the "Company") on the sale of its Hicks Oils lubricants business to Schaeffer Manufacturing Company ("Schaeffer"). Hicks Oils is a premier independent lubricant blending and packaging business in southern Illinois that produces automotive and industrial lubricants.