Tag: DepthPR
News: The Mortgage Collaborative Helps Lender Member Resolve VA Loan Issue, Restoring Lender Authority
Mortgage and Finance News: (SAN DIEGO, Calif.) The Mortgage Collaborative (TMC) has once again demonstrated the power of its network by swiftly assisting lenders to resolve a critical VA lending issue that had stalled loan processing nationwide. Through rapid collaboration, direct engagement with the Department of Veterans Affairs (VA), and the persistence of key TMC members, impacted lenders regained their VA underwriting and insurance authority in just one week-ensuring veterans could move forward with their home purchases.
News: Optimal Blue Establishes Alliance with Cotality to Expand the Reach of Its Mortgage Origination and Pricing Data
Mortgage and Finance News: (PLANO, Texas) Optimal Blue today announced a strategic alliance with Cotality™ (formerly CoreLogic®) that expands access to its mortgage origination and pricing data. Through this collaboration, Cotality will offer Optimal Blue's data to a broader audience, including hedge funds, capital markets participants, and investment firms seeking insights into the mortgage markets.
News: Fintech and mortgage innovation take center stage as Figure Lending CEO Mike Tannenbaum appears on The Big Picture webcast
Mortgage and Finance News: (CLEVELAND, Ohio) Top mortgage industry webcast The Big Picture, broadcast live every Thursday at 3 pm ET, this week features Mike Tannenbaum, CEO of Figure Lending, the nation's largest non-bank provider of home equity lines of credit. Tannenbaum will join co-hosts Rich Swerbinsky, mortgage business consultant and executive coach, and Rob Chrisman, editor-in-chief of the widely followed Chrisman Commentary newsletter, to explore the evolving role of fintech in mortgage lending.
News: Dark Matter Technologies completes migration to AWS to enhance computing speed, performance and scalability
Mortgage and Finance News: (JACKSONVILLE, Fla.) Dark Matter Technologies (Dark Matter®), an innovative leader in mortgage technology, today announced the successful completion of its IT infrastructure migration to Amazon Web Services (AWS). This strategic move enhances Dark Matter's ability to deliver superior performance, scalability and reliability to mortgage industry clients
News: Vice Capital Markets founder Chris Bennett will join The Big Picture webcast to recap the Federal Reserve’s latest policy decisions
Mortgage and Finance News: (CLEVELAND, Ohio) Top mortgage industry webcast The Big Picture, broadcast live every Thursday at 3 pm ET, this week features Chris Bennett, founder and chairman of Vice Capital Markets. Bennett will join Rich Swerbinsky, mortgage business consultant and executive coach, and Rob Chrisman, editor-in-chief of the widely followed Chrisman Commentary newsletter, to explore key trends in capital markets, the impact of Federal Reserve policy on mortgage rates and the evolving strategies lenders are using to manage risk in today's volatile market.
News: Vice Capital Markets Integrates with Fannie Mae’s New Loan Pricing API to Streamline Mortgage Loan Pricing and Commitment
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 is the first to integrate Fannie Mae's new Loan Pricing application programming interface (API) into its trading portal. The API consolidates multiple APIs into one, simplifying the loan pricing process and enhancing pricing and commitments.
News: 40% Jump in Rate-and-Term Refis Drives Overall Lock Growth as Purchase Activity Stalls
Mortgage and Finance News: (PLANO, Texas) Optimal Blue today released its February 2025 Market Advantage mortgage data report, showing a 7% month-over-month increase in mortgage lock volume driven primarily by a surge in refinance activity. Rate-and-term refinances saw the biggest jump, rising nearly 40% as homeowners seized the opportunity to lower their monthly payments. Cash-out refinances also edged higher, while purchase lock activity remained subdued for the second consecutive month.
News: The Mortgage Collaborative 3.16.25 Mortgage Tech Day Presents Five Startups to Compete in Dallas Pitch Event
Mortgage and Finance News: (DALLAS, Texas) The future of mortgage technology is set to take the spotlight in Dallas as The Mortgage Collaborative (TMC), the nation's largest independent cooperative network serving the mortgage industry, and the TMC Emerging Technology Fund LP present the seventh Mortgage Tech Day (MTD).
News: Floify taps Sol Klein as head of client experience and business operations
Mortgage and Finance News: (BOULDER, Colo.) Floify, the mortgage industry's leading point-of-sale (POS) solution, today announced the appointment of Sol Klein as head of client experience and business operations. Klein, a seasoned mortgage technology executive with extensive experience in customer success and implementation, will lead initiatives to help clients maximize the value of their investment in Floify's platform.
News: Dark Matter Technologies team members recognized for excellence by the Mortgage Bankers Association, HousingWire and Women We Admire
Mortgage and Finance News: (JACKSONVILLE, Fla.) Dark Matter Technologies (Dark Matter®), an innovative leader in mortgage technology, today announced that three of its team members have been recognized by HousingWire, the Mortgage Bankers Association (MBA), and Women We Admire.
News: Cloudvirga completes enhanced integration with ICE Mortgage Technology
Mortgage and Finance News: (IRVINE, Calif.) Cloudvirga, a leading provider of digital mortgage point-of-sale platforms, today announced Cloudvirga's Horizon Retail POS integration using Encompass Partner Connect, the latest API framework for mortgage technology from Intercontinental Exchange (ICE). This modern framework enables industry participants to integrate to ICE solutions and provide their services to loan originators and servicers through secure API-enabled technology.
News: Dovenmuehle recognized by Fannie Mae’s STAR Program for excellence in mortgage servicing
Mortgage and Finance News: (LAKE ZURICH, Ill.) Dovenmuehle Mortgage, Inc. (DMI), a leading mortgage subservicing company, announced today that Fannie Mae has once again recognized the company with their Servicer Total Achievement and Rewards™ (STAR™) Servicer Award for outstanding servicing performance during the 2024 program year. This honor marks the fourth time Fannie Mae has recognized DMI for servicing excellence.
News: iEmergent CEO Laird Nossuli recognized among National Mortgage Professional’s 2025 Diversity Leaders
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 that CEO Laird Nossuli has been named a 2025 Diversity Leader by National Mortgage Professional (NMP) magazine. The award recognizes mortgage professionals who have demonstrated dedication and success in promoting inclusivity within their companies or the communities they serve.
News: Floify introduces Dynamic Apps so lenders can tailor applications by loan type while supporting regulatory compliance
Mortgage and Finance News: (BOULDER, Colo.) Floify, the mortgage industry's leading point-of-sale (POS) solution, today announced Dynamic Apps, a no-code feature that lets lenders tailor loan applications based on loan type. By eliminating irrelevant questions, Dynamic Apps shapes the home financing journey to borrowers' unique goals while helping lenders accelerate approvals, improve application completion rates and maintain regulatory compliance.
News: Freedom Mortgage CEO Stan Middleman to share market insights on The Big Picture webcast
Mortgage and Finance News: (CLEVELAND, Ohio) Top mortgage industry webcast The Big Picture, broadcast live every Thursday at 3 pm ET, this week features Stan Middleman, founder and CEO of Freedom Mortgage Corporation. Middleman will join Rich Swerbinsky, a renowned mortgage business consultant and executive coach, and Rob Chrisman, editor-in-chief of the widely acclaimed Chrisman Commentary newsletter, to provide expert insights into the current mortgage market.
News: Down Payment Resource receives ICE Mortgage Technology’s 2025 Innovation Award for Technology Partner of the Year
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 that it has been named the 2025 ICE Innovation Technology Partner of the Year by Intercontinental Exchange, Inc. (ICE), a leading global provider of data, technology and market infrastructure.
News: Down Payment Resource honors Mosi Gatling with its Beverly Faull Affordable Housing Leadership Award and Skyler Lemons with its inaugural...
Mortgage and Finance News: (ATLANTA, Ga.) Down Payment Resource (DPR), the housing industry's leading technology for connecting homebuyers with homebuyer assistance programs, announced today that it has honored Mosi Gatling of New American Funding (NAF) with the 2024 Beverly Faull Affordable Housing Leadership Award, and Skyler Lemons of Exit Strategy Realty with hits inaugural Emerging Leader Award.
News: Cloudvirga joins ACUMA to help credit unions elevate the member lending experience
Mortgage and Finance News: (IRVINE, Calif.) Cloudvirga, a leading provider of digital mortgage point-of-sale platforms, has joined the American Credit Union Mortgage Association (ACUMA) as an affiliate member. Through its membership, Cloudvirga aims to support credit unions in delivering exceptional member lending experiences while improving efficiency through automation and intelligent workflow solutions.
News: 2024-2025 Mortgage Industry Insights Released by The Mortgage Collaborative
Mortgage and Finance News: (SAN DIEGO, Calif.) The Mortgage Collaborative (TMC), a leading network of mortgage lenders dedicated to innovation and collaboration, has released its latest Pulse of the Network report, offering key insights into the challenges and opportunities shaping the mortgage industry in 2025. The survey, conducted with decision-makers-including CEOs, COOs, and department heads from banks, credit unions, and independent mortgage banks (IMBs)-highlights how lenders are preparing for a shifting market landscape.
News: Urban Institute Fellow Jim Parrott joins The Big Picture to break down housing policy with Rich Swerbinsky and Rob Chrisman...
Mortgage and Finance News: (CLEVELAND, Ohio) Top mortgage industry webcast The Big Picture, broadcast live every Thursday at 3 pm ET, this week features Jim Parrott, a nonresident fellow at the Urban Institute and co-founder of Parrott Ryan Advisors. Parrott will join hosts Rich Swerbinsky and Rob Chrisman to discuss key housing policy developments shaping today's mortgage landscape.
News: Informative Research’s AccountChek expands payroll provider network for mortgage lenders assessing income through Freddie Mac’s AIM
Mortgage and Finance News: (GARDEN GROVE, Calif.) Informative Research, a premier technology provider delivering data-driven credit and verification solutions to the lending community, announced an enhancement to its integration with Freddie Mac's Loan Product Advisor® (LPASM) asset and income modeler (AIM). This enhancement enables LPA to assess income and employment for eligibility of representation and warranty relief for lenders using AccountChek® for automated verification of income and employment (VOIE) across a broad range of supported payroll providers.
News: iEmergent CEO Laird Nossuli to speak at 2025 CU:REALM Live! in San Diego
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 that its CEO, Laird Nossuli, will present at the 2025 CU: REALM Live! April 14-15 in San Diego, California. Nossuli will lead the day one session on "Utilizing Market-level Mortgage Data to Increase Referrals and Grow Originations," offering credit union leaders actionable strategies for leveraging localized mortgage data to expand their member base and grow lending volume.
News: LenderLogix’s Patrick O’Brien breaks down the future of mortgage tech on The Big Picture webcast
Mortgage and Finance News: (CLEVELAND, Ohio) Top mortgage industry webcast The Big Picture, broadcast live every Thursday at 3 pm ET, this week features Patrick O'Brien, co-founder and chief executive officer of LenderLogix, as a guest on its upcoming episode. O'Brien will share insights on the evolving mortgage technology landscape, the impact of automation on lending and how lenders can leverage digital tools to enhance borrower experiences.
News: ACES Q3 2024 Mortgage QC Trends Report shows ‘sharp rise in insurance defects’ for second time this year
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 third quarter (Q3) of 2024. The latest report analyzes post-closing quality control data derived from ACES Quality Management & Control® software.
News: January Mortgage Lock Data Shows Year-Over-Year Improvement in Refinance Volume Despite Higher Rates
Mortgage and Finance News: (PLANO, Texas) Optimal Blue today released its January 2025 Market Advantage mortgage data report, revealing a sharp rise in year-over-year (YoY) refinance activity alongside a drop in purchase lock counts. The decline in purchase lock counts marks the lowest January count since Optimal Blue began tracking this data in 2019. Meanwhile, refinance lock volume surged even though the Optimal Blue Mortgage Market Indices (OBMMI) 30-year ticked above 7% for the first time since May.
News: Informative Research Integrates with Thomas & Company, Expanding Mortgage Verification Platform Connectivity
Mortgage and Finance News: (GARDEN GROVE, Calif.) Informative Research, a premier technology provider delivering data-driven credit and verification solutions to the lending community, today announced its integration with Thomas & Company, a leading provider of value-added employer services and innovative solutions to support employee relations programs. The integration adds Thomas & Company's Wage and Employment Verification service to Informative Research's verification platform.
News: Argyle launches fully embedded VOIE for mortgage lenders through nCino integration
Mortgage and Finance News: (NEW YORK CITY, N.Y.) Argyle, a service provider automating income and employment verifications for some of the largest mortgage lenders in the United States, today announced significant enhancements to its integration with nCino (NASDAQ: NCNO), the leading provider of intelligent, best-in-class banking solutions.
News: Mortgage industry webcast The Big Picture with Rich Swerbinsky and Rob Chrisman spotlights Rate’s Laura Schmidt as February 13 guest
Mortgage and Finance News: (CLEVELAND, Ohio) Top mortgage industry webcast The Big Picture, broadcast live every Thursday at 3 p.m. ET, this week features Laura Schmidt, senior vice president of enterprise risk and internal audit at Rate, a leading residential mortgage lending company based in Chicago. With extensive experience in enterprise risk, internal audits and regulatory management, Schmidt offers valuable insights for lenders looking to mitigate risk and ensure compliance in today's financial services landscape.
News: Fannie Mae Vice President Bill Cleary to Speak at ACES Quality Management Conference in May
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 that Bill Cleary, vice president of Single-Family Credit Risk Loan Quality at Fannie Mae, will speak at the ACES ENGAGE conference at The Broadmoor Resort in Colorado Springs, Colo., May 18-20, 2025.
News: Click n’ Close’s SmartBuy™ Shared Appreciation Mortgage Program expands to Freddie Mac 30-year conventional loans
Mortgage and Finance News: (ADDISON, Texas) Click n' Close (CNC), a multi-state mortgage lender, today announced its SmartBuy™ Shared Appreciation Mortgage (SAM) program now features a 30-year, fixed-rate conventional option approved by Freddie Mac.