News Topic: DepthPR
The Mortgage Collaborative Partners with Mortgage Quality Management and Research (MQMR)
Mortgage and Finance News: (SAN DIEGO, Calif.) The Mortgage Collaborative, the nation's only independent mortgage cooperative, today announced a strategic partnership with Mortgage Quality Management and Research, LLC ("MQMR"), a national leader in risk management and compliance services.
Ubermortgage Embraces Home-Equity Conversion Mortgage (HECM) with Technology from ReverseVision Inc.
Mortgage and Finance News: (SAN DIEGO, Calif.) ReverseVision, Inc., the leading technology provider for the reverse mortgage industry, has formed a partnership with ubermortgage Inc. to support the budding lender's increasing demand for home-equity conversion mortgages (HECMs) with its RV Exchange (RVX) loan origination technology.
Cloudvirga Names Veteran Tech Entrepreneur Michael Schreck as CEO
Mortgage and Finance News: (IRVINE, Calif.) Cloudvirga(SM), developer of next-generation loan officer and direct-to-consumer point-of-sale (POS) systems, has named Michael Schreck its chief executive officer. He succeeds cloudvirga co-founder Bill Dallas, who will continue as chairman of cloudvirga's board of directors.
Paul Clifford of Simplifile Receives 2017 Award for Innovation from October Research LLC
Mortgage and Finance News: (PROVO, Utah) Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, announced that Paul Clifford, president, was recognized with the 2017 October Research Award for Innovation for his leadership in establishing Simplifile's e-recording network, along with other achievements in support of the title industry.
Kiel Mortgage HECM Division Selects ReverseVision RVX Loan Origination Software
Mortgage and Finance News: (SAN DIEGO, Calif.) ReverseVision, the leading provider of software and technology for the reverse mortgage industry, today announced that Kiel Mortgage has chosen RV Exchange (RVX) loan origination software (LOS) to power its home-equity conversion mortgage (HECM) division.
IDS Inc. Builds Mortgage Document Preview Feature for LendingQB LOS Integration
Mortgage and Finance News: (SALT LAKE CITY, Utah) Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it has incorporated a new document preview feature into its integration with LendingQB's cloud-based loan origination solution (LOS). The feature allows LendingQB users to preview mortgage documents, such as the Loan Estimate or Closing Disclosure, before they are submitted to fulfillment.
Douglas Brewer Named Director of Enterprise Architecture at FormFree Holdings Corp.
Mortgage and Finance News: (ATLANTA, Ga.) FormFree today announced the appointment of senior software developer Douglas Brewer to the role of director of enterprise architecture. Brewer, who first joined FormFree in 2014, will be responsible for managing the retention and growth of FormFree's software development team, overseeing enterprise software design and ensuring the quality and timely delivery of software updates.
Industry Veteran Finn Klemann Joins Mortgage Technology Vendor, LBA Ware
Mortgage and Finance News: (MACON, Ga.) LBA Ware(TM), a leading provider of automated compensation software and systems integration solutions for mortgage lending and retail banking, announced it has hired Finn Klemann as director of business development. In this role, Klemann will bring his more than 20 years of business development and sales experience in forging new relationships for LBA Ware in the financial services industry, with a specific focus on targeting growth in the mortgage industry.
Skyline Financial Corp preps New Reverse Mortgage Division with ReverseVision’s Tech and Training
Mortgage and Finance News: (SAN DIEGO, Calif.) ReverseVision, the leading provider of software and technology for the reverse mortgage industry, has forged a partnership with Skyline Financial Corp. (Skyline Home Loans and NewLeaf Lending) to support the lender's growing reverse mortgage division with RV Exchange (RVX) loan origination technology and RV University (RVU) training programs.
Simplifile eRecording Network Now Available in 15 Midwestern, Western U.S. Jurisdictions
Mortgage and Finance News: (PROVO, Utah) Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, has expanded its industry-leading e-recording network to include 15 additional recording jurisdictions across the Western and Midwestern United States.
Mid America Mortgage Inc. Purchases eNote from First eClosing Transaction in North Carolina
Mortgage and Finance News: (ADDISON, Texas) Mid America Mortgage, Inc. (Mid America) announced today it has purchased the eNote from North Carolina's first eMortgage transaction. The transaction, which was completed entirely electronically on May 5, was a refinance for a property in Winston-Salem and was executed by Hickory-based North State Bank. Upon completion of the closing, Mid America was able to purchase the resulting eNote within one business day after receiving the final loan package.
Simplifile Adds 14 Counties in American Northeast to Its E-Recording Network for Q2-2017
Mortgage and Finance News: (PROVO, Utah) Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, has added more than a dozen new recording jurisdictions in five states across the American Northeast to its e-recording network, the nation's largest.
FormFree welcomes Ann Fulmer as its Chief Strategy and Industry Relations Officer
Mortgage and Finance News: (ATLANTA, Ga.) FormFree(R) today announced that it has hired mortgage loan quality subject matter expert and analyst Ann Fulmer as its chief strategy and industry relations officer. FormFree's flagship product, AccountChek(R), is an asset verification app that streamlines the loan underwriting process for both borrowers and lenders, resulting in higher borrower satisfaction and shaving more than a week off the time it takes to close a loan.
International Document Services, Inc. Receives Certification from Fannie Mae, Freddie Mac for Its UCD XML File
Mortgage and Finance News: (SALT LAKE CITY, Utah) Mortgage document preparation vendor International Document Services, Inc. (IDS), announced its Uniform Closing Dataset (UCD) XML file has been certified to meet all UCD requirements by both Fannie Mae and Freddie Mac ahead of the GSE's September 25 deadline for UCD delivery. To have its UCD XML file certified by the GSEs, IDS underwent an extensive testing process to ensure the dataset was delivered in a GSE-acceptable format.
AccountChek by FormFree Automates Asset Verification for Users of Black Knight Financial Services’ LoanSphere Empower
Mortgage and Finance News: (ATLANTA, Ga.) FormFree(R) today announced the direct integration of its AccountChek(R) automated asset verification service with the LoanSphere(R) Empower(R) loan origination system (LOS) offered by Black Knight Financial Services, a leading provider of integrated technology, data and analytics to the mortgage and real estate industries.
The Mortgage Collaborative Welcomes LaNette Holley as Director of Strategic Initiatives
Mortgage and Finance News: (SAN DIEGO, Calif.) The Mortgage Collaborative (TMC), the nation's only independent mortgage cooperative, announced the hiring of LaNette Holley as their Director of Strategic Initiatives. Holley comes to The Mortgage Collaborative with over 25 years of experience in the area of mortgage lending.
New Legislation Enables Massachusetts Jurisdictions to Electronically Record Land Court Documents
Mortgage and Finance News: (PROVO, Utah) Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, announced that it is now electronically recording Land Court documents in the Commonwealth of Massachusetts for the first time.
Mid America Mortgage Purchases $2.7 Billion in Mortgage Servicing Rights
Mortgage and Finance News: (ADDISON, Texas) Mid America Mortgage, Inc. (Mid America) announced today it has acquired the mortgage servicing rights (MSRs) for $2.7 billion in government loans. The portfolio includes a number of delinquent VA- and FHA-insured loans. The sale was completed at the end of March, and LoanCare, Mid America’s sub-servicer, will take possession of the purchased MSRs on May 2.
Simplifile Hires Toni Carroll as National Settlement Account Manager
Mortgage and Finance News: (PROVO, Utah) Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, announced it has hired title and settlement industry veteran Toni Carroll as national settlement account manager. In this position, Carroll will maintain and improve Simplifile's settlement software vendor relationships while supporting the sales effort to deliver Settlement Collaboration to the real estate industry.
The Mortgage Collaborative Partners with Blend to Enhance the Mortgage Experience with Digital, Automated Platform
Mortgage and Finance News: (SAN DIEGO, Calif.) The Mortgage Collaborative, the nation's only independent mortgage cooperative, today announced a partnership with Blend, a Silicon Valley technology company bringing mortgages into the modern age, to deliver a digital mortgage experience that is fast, simple and secure to its network of small, mid-sized, and community-based lenders.
The Mortgage Collaborative President and Vice Chairman David G. Kittle Issues Statement Supporting Mortgage Bankers Association GSE Reform Proposal
Mortgage and Finance News: (SAN DIEGO, Calif.) On behalf of its network of lenders, David G. Kittle, CMB, president and vice chairman, The Mortgage Collaborative, has issued the following statement on the Mortgage Bankers Association's (MBA) release of its GSE Reform proposal, "GSE Reform: Creating a Sustainable, More Vibrant Secondary Mortgage Market":
Bank of England Mortgage Helps Customers Get More Out of Retirement with Home Equity Conversion Mortgages (HECM) and ReverseVision Technology
Mortgage and Finance News: (SAN DIEGO, Calif.) ReverseVision, the leading provider of software and technology for the reverse mortgage industry, today announced that Bank of England (BOE) Mortgage, a nationwide mortgage lender based in England, Arkansas, has selected RV Exchange (RVX) loan origination software (LOS) to support its growing Home Equity Conversion Mortgage (HECM) division.
Cloudvirga Introduces AccountChek Automated Asset Verification into Its intelligent Mortgage Platform
Mortgage and Finance News: (ATLANTA, Ga.) FormFree today announced that cloudvirga(SM), developer of the automated, cloud-based intelligent Mortgage Platform(R) (iMP), has selected AccountChek(TM) for automated asset verification. Cloudvirga's custom integration of AccountChek into the iMP collects borrower account information early in the loan application process and offers a seamless asset verification experience.
LBA Ware Adds Matthew Marshall as Solutions Consultant
Mortgage and Finance News: (MACON, Ga.) LBA Ware, a leading provider of automated compensation software and systems integration solutions for mortgage lending and retail banking, announced it has hired Matthew Marshall as a solutions consultant to support the firm's sales efforts. In this role, Marshall will be responsible for articulating the value proposition of LBA Ware's solutions.
Lender Price to Unveil the Lender Price Marketplace at 2017 NAMB East Association of Mortgage Professionals Convention
Mortgage and Finance News: (PASADENA, Calif.) Lender Price, the emerging leader in real-time, competitive mortgage analytics and product pricing & eligibility (PPE) solutions announced today that it is launching the Lender Price Marketplace at the 2017 NAMB East Association of Mortgage Professionals Convention exhibit in Atlanta, Georgia on March 16 - 18.
Qualia Achieves SOC 2 Information Security Certification
Mortgage and Finance News: (SAN FRANCISCO, Calif.) Qualia, the fastest growing provider of title settlement software, announced that it has earned the American Institute of Certified Public Accountants' (AICPA's) Service Organization Control 2 (SOC 2) certification after completing an independent audit process with a third-party certified public accounting (CPA) firm.
Mortgage Banking Expert Rob Chrisman to Address Special Session at RV UserCon 2017
Mortgage and Finance News: (SAN DIEGO, Calif.) ReverseVision, Inc., the leading provider of software and technology for the reverse mortgage industry, today announced that mortgage industry expert Rob Chrisman will address attendees of RV UserCon 2017 as a special session speaker on February 9 in San Diego.
Rate Reset Chooses AccountChek by FormFree for Automated Verification of Borrower Ability to Repay
Mortgage and Finance News: (ATLANTA, Ga.) FormFree today announced that Rate Reset, the world leader in automated loan retention and acquisition software, has selected AccountChek(TM) by FormFree as its technology provider for automated asset verification. AccountChek helps financial institutions determine in just seconds the ability of customers to pay back loans, without the hassle of collecting bank statements or other asset documents.
Mid America Mortgage to Purchase eNotes through Its Correspondent Channel
Mortgage and Finance News: (ADDISON, Texas) Mid America Mortgage, Inc. (Mid America) Owner and Chief Executive Officer Jeff Bode today announced it will purchase eNotes for loans closed electronically from approved sellers through its correspondent lending channel.
Evolve Bank & Trust Selects ReverseVision Exchange (RVX) Loan Origination Software
Mortgage and Finance News: (SAN DIEGO, Calif.) ReverseVision is pleased to announce that Memphis, Tennessee-based Evolve Bank & Trust (Evolve), a full-service commercial bank and mortgage lender serving customers and communities nationwide, has selected RV Exchange (RVX) reverse mortgage loan origination software (LOS).