News Topic FinTech

News Topic: FinTech

News: New MBS Fintech Agile Revolutionizes Trading with the Launch of RFQ Platform

Mortgage and Finance News: (PHILADELPHIA, Pa.) Agile, a new fintech bringing mortgage lenders and broker dealers on to a single electronic platform, has formally announced the launch of its flagship RFQ (request for quote) platform. All MBS market participants can now participate on an electronic platform that expedites the exchange of To-Be-Announced Mortgage-Backed Securities (TBAs).

News: MCT’s Paul Yarbrough is named to HousingWire’s 2021 Insiders Award List

Mortgage and Finance News: (SAN DIEGO, Calif.) Mortgage Capital Trading, Inc. (MCT®), an industry-leading mortgage hedge advisory firm, announced that Paul Yarbrough, Director of the Client Success Group, has been named to HousingWire's 2021 Insider Awards list. The list is designed to honor an organization's operational all-stars - those insiders who are the company's best-kept secret, yet vital to its success.

News: SimpleNexus is certified as eClosing solution provider by Fannie Mae and Freddie Mac

Mortgage and Finance News: (LEHI, Utah) SimpleNexus, developer of the leading homeownership platform for loan officers, borrowers, real estate agents and settlement agents, is now a Fannie Mae- and Freddie Mac-reviewed eClosing solution provider. The designation affirms that SimpleNexus' Nexus Closing™ eMortgage solution meets both GSEs' technical requirements for eClosing, eNote and eVault functionality and has been tested for compatibility with the GSEs' respective eNote delivery systems.

News: DocMagic Named to Inc. 5000 List of Fastest-Growing Private Companies

Mortgage and Finance News: (TORRANCE, Calif.) DocMagic, Inc., the premier provider of fully compliant loan document preparation, automated regulatory compliance, and comprehensive eMortgage services, announced that it has been named to the 2021 Inc. 5000 list, the most prestigious ranking of the fastest-growing private companies in the country.

News: Blockchain-based, AI-powered mortgage advisor Home Lending Pal raises $2.2M in pre-Series A round led by TMC Emerging Technology Fund LP

Mortgage and Finance News: (SAN DIEGO, Calif.) The Mortgage Collaborative (TMC), the nation's largest independent cooperative network serving the mortgage industry, announced today that the TMC Emerging Technology Fund LP (the "Fund") recently led a pre-Series A investment round in Home Lending Pal, a technology-enabled marketplace .

News: Nomis Solutions Introduces Margin Setter Dashboard, Adjusts Mortgage Rate Data Refresh Frequency in Latest Product Update

Mortgage and Finance News: (SAN FRANCISCO, Calif.) Nomis Solutions (Nomis), a global, industry-leading pricing and profitability management solutions provider, recently introduced several product enhancements to its mortgage technology solution, further enhancing the market intelligence and actionable pricing capabilities available to its mortgage lending clients.

News: Knowledge Coop Appoints Brian Paine as Director of Technology

Mortgage and Finance News: (VANCOUVER, Wash.) Knowledge Coop, the industry's top online compliance training and virtual work platform, today announced it has hired Brian Paine as Director of Technology. His responsibilities at Knowledge Coop include maintaining a stable working environment for all of Knowledge Coop's technical operations.

News: Digital Mortgage Platform Maxwell Ranks #154 on 2021 Inc. 5000 List

Mortgage and Finance News: (DENVER, Colo.) Inc. magazine today revealed that Maxwell ranks in the top 3% of its annual Inc. 5000 list of fastest-growing private companies at number 154. Maxwell was also named the 15th fastest-growing software company in the country.

News: Sales Boomerang is 2021’s fastest-growing company in the residential mortgage industry

Mortgage and Finance News: (WASHINGTON, D.C.) Sales Boomerang, the mortgage industry's top-rated automated borrower intelligence and retention system, debuted this week on Inc. magazine's Inc. 5000 list, an annual ranking of America's fastest-growing private companies. Sales Boomerang ranked #101 overall, placing the company among the top 3% of all private companies in America based on three-year revenue growth of 3,882% and outpacing every other company in the residential mortgage industry.

News: DocMagic Promotes Chris Lewis to Director of Enterprise Solutions

Mortgage and Finance News: (TORRANCE, Calif.) DocMagic, Inc., the premier provider of fully-compliant loan document preparation, automated regulatory compliance, and comprehensive eMortgage services, announced that it has promoted Chris Lewis to Director of Enterprise Solutions. The new title reflects the elevated role he has proactively taken at the company in increasing revenue, forging strategic partnerships, and making inroads with large entities and marquee accounts.

News: Leading Digital Mortgage Platform Maxwell Named a 2021 Best Place to Work by Denver Business Journal

Mortgage and Finance News: (DENVER, Colo.) Maxwell, a leading digital mortgage and fulfillment platform for small to midsize lenders, just announced it was named a 2021 Best Place to Work by Denver Business Journal. The company ranked sixth in the medium-sized category.

News: FormFree Announces Agreement with Lenders One to Offer Products to Member Base

Mortgage and Finance News: (ATHENS, Ga.) FormFree® today announced it has entered into an agreement with Lenders One®, a national alliance of independent mortgage bankers and service providers, to offer its product set to the Lenders One Mortgage Cooperative. Through the relationship, FormFree will offer Lenders One members access to automated borrower verification tools that enhance the customer experience and optimize lender business operations.

News: NotaryCam Partners with Texas Mortgage Law Firm, RUTH RUHL, P.C., to Add RON to Firm’s Loss Mitigation Services

Mortgage and Finance News: (NEWPORT BEACH, Calif.) NotaryCam®, a Stewart-owned company and a pioneering provider of remote online notarization and identity verification / authentication technology for real estate and legal transactions, today announced it has partnered with RUTH RUHL, P.C., a Texas-based law firm, to add security and automation to the firm's loss mitigation services through remote online notarization (RON).

News: Sales Boomerang releases Q2 2021 Mortgage Market Opportunities Report

Mortgage and Finance News: (WASHINGTON, D.C.) Sales Boomerang, the mortgage industry’s top-rated automated borrower intelligence and retention system, today released its inaugural Mortgage Market Opportunities Report. According to the report, refinance opportunities continue to dominate the market, but a promising uptick in new listings was also evident in the Q2 data. Mortgage servicers will need to closely manage their default and foreclosure risk in the coming months, as the second quarter saw nearly two out of five customers trigger a risk-and-retention alert.

News: SimpleNexus expands C-suite under leadership of Cathleen Schreiner Gates

Mortgage and Finance News: (LEHI, Utah) SimpleNexus, developer of the leading homeownership platform for loan officers, borrowers, real estate agents and settlement agents, today announced new executive appointments in operations, revenue generation and customer success.

News: Oklahoma Bankers Association Endorses Promontory MortgagePath’s Mortgage Fulfillment Services and POS Technology

Mortgage and Finance News: (DANBURY, Conn.) Promontory MortgagePath LLC, a leading provider of comprehensive digital mortgage and fulfillment solutions, announced today the Oklahoma Bankers Association (OBA) has officially endorsed its mortgage fulfillment services and proprietary point-of-sale technology Borrower Wallet®.

News: FormFree integrates AccountChek 3n1 one-stop VOE/VOIE into Encompass®

Mortgage and Finance News: (ATHENS, Ga.) FormFree® has partnered with ICE Mortgage Technology™, part of Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure,  to make its AccountChek 3n1 asset, income and employment verification service available in Encompass®, the mortgage industry's leading cloud-based loan origination platform.

News: MobilityRE welcomes mortgage technology leader Jonas Kruckeberg as director of growth and client success

Mortgage and Finance News: (SALT LAKE CITY, Utah) MobilityRE, a leader in real estate intelligence technologies for mortgage lenders and real estate agents, today announced it has appointed mortgage technology leader Jonas Kruckeberg as director of growth and client success.

News: SimpleNexus integrates with Finicity’s Mortgage Verification Service to give lenders a simpler, faster way to verify borrower assets, income and...

Mortgage and Finance News: (LEHI, Utah) SimpleNexus, developer of the leading homeownership platform for loan officers, borrowers, real estate agents and settlement agents, today announced an integration with Finicity's Mortgage Verification Service (MVS) that allows lenders to streamline the verification of applicants' assets, income and employment using a single embedded service.

News: Maxwell Announces Launch of MaxDiligence, a Tech-Powered Due Diligence and Quality Control Service for Lenders

Mortgage and Finance News: (DENVER, Colo.) Today, leading digital mortgage platform Maxwell released MaxDiligence, a new offering that provides Due Diligence and Quality Control services for its clients. The latest feature in Maxwell's suite of tools designed for community lenders, MaxDiligence is a new scalable way to gain efficiency and generate reliable results.

News: ICE Mortgage Technology Acquires eVault Technology from DocMagic for Encompass eClose

Mortgage and Finance News: (TORRANCE, Calif.) ICE Mortgage Technology™, part of Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today announced it will deploy an eVault solution for secure storage of digital mortgages and notes, based upon technology acquired from DocMagic, Inc.

News: Digital Mortgage Platform Maxwell Adds Industry Veteran Sadie Gurley to its Leadership Team

Mortgage and Finance News: (DENVER, Colo.) Leading digital mortgage platform Maxwell just announced the addition of Sadie Gurley as Vice President to its leadership team. Sadie holds over 25 years of experience in the mortgage industry, most specifically in due diligence and quality control services. Her role at Maxwell will help the company find new opportunities and expand its impact on community lenders across the country.

News: AmeriSave Leveraging DocMagic Technology to Scale Operations, Elevate the Borrower Experience and Maximize Productivity

Mortgage and Finance News: (TORRANCE, Calif.) DocMagic, Inc., the premier provider of fully-compliant loan document preparation, automated regulatory compliance, and comprehensive eMortgage services, announced that AmeriSave Mortgage Corporation, one of the fastest-growing privately-held mortgage lenders in the nation and a pioneer in digital origination, is utilizing its document preparation solution and Total eClose™ platform to drive digital mortgage efficiency.

News: FormFree and MX receive 2021 Tearsheet Data Award for Best Data Aggregator/Fintech Partnership

Mortgage and Finance News: (ATHENS, Ga.) FormFree has been named a recipient of the 2021 Tearsheet Data Award for Best Data Aggregator/Fintech Partnership. FormFree was recognized for collaborating with financial data firm MX to improve its customer experience through the implementation of API and token-based connections that speed data retrieval and eliminate vexing multi-factor authentication pop-ups.

News: LBA Ware welcomes former State Bank vice president Georgia Capalbo to client success team

Mortgage and Finance News: (MACON, Ga.) LBA Ware™, a leading provider of incentive compensation management (ICM) and business intelligence (BI) software solutions for the mortgage industry, announced it has tapped former State Bank vice president Georgia Capalbo as client success product liaison.

News: Atlantic Bay Mortgage Group® Surpasses 10,000 Paperless eClosings with DocMagic’s Total eClose™ Solution

Mortgage and Finance News: (TORRANCE, Calif.) DocMagic, Inc., the premier provider of fully-compliant loan document preparation, automated regulatory compliance, and comprehensive eMortgage services, announced that Atlantic Bay Mortgage Group®, a national independent mortgage banker, has successfully processed more than 10,000 paperless eClosings.

News: Top of Mind makes Surefire Creative content available as a standalone marketing resource for mortgage lenders

Mortgage and Finance News: (ATLANTA, Ga.) Top of Mind Networks (Top of Mind), a leader in customer relationship management (CRM) and marketing automation software for the mortgage lending industry, today announced the launch of Surefire Creative, an online library of award-winning marketing collateral designed to supplement mortgage lenders' prospect, client and partner marketing programs.

News: FormFree announces Former JPMorgan Chase Division CEO Kevin Watters joins its Board of Directors

Mortgage and Finance News: (ATHENS, Ga.) FormFree® today welcomed Kevin Watters to its board of directors. Watters is a payments, mortgage lending and business banking leader known for his ability to successfully and rapidly scale financial services businesses through operational and technology transformation.

News: MCT Introduces BAM Marketplace, the First Truly Open Mortgage Loan Exchange

Mortgage and Finance News: (SAN DIEGO, Calif.) Mortgage Capital Trading, Inc. (MCT®), a leading mortgage hedge advisory and secondary marketing software firm, announced the public introduction of BAM Marketplace™. Originally launched to support existing MCT sellers during the 2020 pandemic liquidity crisis, BAM Marketplace now welcomes new buyers and sellers as the world's first truly open loan exchange between unapproved counterparties.

News: 5X Solutions Adds Compensation Analysis to their Mortgage Business Intelligence Platform

Mortgage and Finance News: (SAN DIEGO, Calif.) 5X Solutions, LLC, a mortgage business intelligence and data analytics company, has announced the addition of loan agent compensation analysis to its automated financial reporting and mortgage business intelligence software.