Tag: Software
News: OpenClose Bolsters Software Integration and Support Teams
Mortgage and Finance News: (WEST PALM BEACH, Fla.) OpenClose, an industry-leading multi-channel loan origination system (LOS) and mortgage fintech provider, announced that it has added staff to its integration and customer support departments. The new hires will help enhance OpenClose's existing software products, facilitate digital mortgage processes, produce fintech-level innovation and provide excellence in customer support. The company also recently added three senior software engineers to its development team.
News: ARMCO Named a ‘Top 100 Mortgage Employer’ by National Mortgage Professional Magazine for Second Consecutive Year
Mortgage and Finance News: (POMPANO BEACH, Fla.) ACES Risk Management (ARMCO), the leading provider of financial quality control and compliance software ACES Audit Technology, announced that was named among National Mortgage Professional (NMP) magazine's annual Top 100 Mortgage Employers list for 2018. This is the second consecutive year the company has been recognized with this distinction.
News: TeamSnap Launches Fully Integrated Payment Solutions for Sports Organizations
Mortgage and Finance News: (BOULDER, Colo.) TeamSnap, the household name in sports-tech management, announced today the expansion of their integrated payment platform with the launch of a new Invoicing feature - designed to make collections easier for sports administrators, coaches, parents and players. To power the new platform, TeamSnap has expanded its successful partnership with WePay.
News: Global DMS Launches EVO-Commercial, a Next-Generation Valuation Management Software Platform for Commercial Lending
Mortgage and Finance News: (SAN DIEGO, Calif.) Global DMS, a leading provider of cloud-based valuation management software, announced that it launched EVO-Commercial (EVO-C) at the MBA's CREF/Multifamily Housing Convention and Expo being held in San Diego February 11 - 14, 2018. The new platform is 100 percent configurable, fully customizable, quick and easy to implement, eliminates numerous steps in the workflow process, lowers system maintenance costs and empowers end-users as well as management teams, among many other efficiency gains.
News: Movement Mortgage Implements CompenSafe to Automate LO Compensation
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 that South Carolina-based Movement Mortgage has implemented CompenSafe to automatically calculate commissions for its loan originators (LOs) located in 700 branches across 49 states.
News: LBA Ware’s CompenSafe Hits $1 Billion in Lifetime LO Compensation Calculations
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 their sales incentive platform CompenSafe calculated $1 billion in lifetime origination commissions and operational bonuses in 2017. LBA Ware also experienced notable year-over-year growth, marked by a 152 percent increase in total compensation processed and a 130 percent increase in the number of lenders using LOS Talker, the company's systems integration solution.
News: Addition of 23 Jurisdictions in the Eastern U.S. Pushes Simplifile E-recording Network Past the 1,700th Mark
Mortgage and Finance News: (PROVO, Utah) Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, today announced that 23 additional recording jurisdictions throughout the Northeast, Mid-Atlantic, and Southeast have adopted Simplifile's e-recording platform.
News: DocMagic Reaches 300 Million Mortgage eSignings as More Borrowers Opt for eSigning and More Lenders Require Proof of TRID Compliance
Mortgage and Finance News: (TORRANCE, Calif.) DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that it has processed more than 300 million mortgage-related electronic signatures.
News: FormFree Celebrates Its Tenth Year of Operations with Broader Investor Acceptance, New Products and Features for Lenders
Mortgage and Finance News: (ATHENS, Ga.) The last 24 months have seen aggressive growth and milestone achievements for automated verification provider FormFree -- and now the fintech company is setting its sights on achieving even greater market penetration in 2018 thanks to broader investor acceptance and new products and features designed to meet lenders' unique needs.
News: Record Year for Cloudvirga Closes with Customers of Its Digital Mortgage Platform Producing Over $100B in Loan Volume
Mortgage and Finance News: (IRVINE, Calif.) Cloudvirga CEO Michael Schreck is on a mission to help mortgage lenders reinvent the mortgage factory. A developer of intelligent mortgage point-of-sale platforms, Cloudvirga gives consumers and loan officers a digital mortgage experience and helps lenders grow market share by automating the mortgage back office, saving them up to $1,500 a loan.
News: Digital Mortgage Point-of-Sale Pioneer Cloudvirga Hires Sean McEvoy as Chief Customer Officer
Mortgage and Finance News: (IRVINE, Calif.) Cloudvirga Inc., developer of intelligent mortgage point-of-sale (POS) platforms, has appointed Sean McEvoy as its chief customer officer. As a member of the senior leadership team, McEvoy will be responsible for the firm's customer leadership, implementation and support functions. He has an extensive background in building world-class customer success organizations at FileNET, IBM, Quest and Dell. He will report to Cloudvirga CEO Michael Schreck.
News: AccountChek by FormFree Automated Asset Report Now Accepted for VA Loans
Mortgage and Finance News: (ATHENS, Ga.) FormFree today announced that asset reports generated by its AccountChek automated asset verification service meet all underwriting guidelines established by the U.S. Department of Veterans Affairs (VA) for loans guaranteed by its Loan Guaranty Service. The announcement follows the VA's December 29, 2017, release of Circular 26-17-43, which was issued in response to increasing lender interest in automated verification of borrower assets for VA loans.
News: Global DMS Valuation Management Platform is Now Integrated with Black Knight’s LoanSphere Exchange Technology
Mortgage and Finance News: (LANSDALE, Pa.) Global DMS, a leading provider of cloud-based valuation management software, announced that it has integrated with Black Knight's LoanSphere Exchange platform, an online, collaborative technology that connects more than 25,000 mortgage industry service and solution providers.
News: OpenClose Adds AFR’s Flood Services to its LOS via Seamless Interface
Mortgage and Finance News: (WEST PALM BEACH, Fla.) OpenClose, a multi-channel loan origination system (LOS) and mortgage software solutions provider, announced that it partnered with AFR Services to enable customers to access the company's complete suite of flood services. Using the interface makes it quick and easy to order AFR's various flood services directly from within OpenClose's LenderAssist LOS.
News: Docutech and Cloudvirga Partner to Help Loan Officers Work More Efficiently
Mortgage and Finance News: (IRVINE, Calif.) Cloudvirga, developer of intelligent mortgage point-of-sale (POS) platforms, today announced a partnership with Docutech that will enable Cloudvirga's lender customers to work more efficiently, reduce the cost of document compliance and make the home loan experience more convenient for borrowers.
News: Waterstone Mortgage to Manage QC Audits Using TRK’s Insight RDM
Mortgage and Finance News: (SALT LAKE CITY, Utah) TRK Connection, a leading provider of mortgage quality control and origination management solutions, announced today that Wisconsin-based Waterstone Mortgage Corporation has chosen the Insight Risk and Defect Management (RDM) platform to conduct its internal quality control (QC) audits.
News: Maxwell Closes New $3M Funding Round to Accelerate Pace of Mortgage Innovation
Mortgage and Finance News: (DENVER, Colo.) Maxwell Financial Labs, Inc., a leading provider of B2B digital mortgage cloud software, announced today a new funding round of $3 million, led by the investment arm of Anthemis Group, a company committed to cultivating change in financial services, with participation from Route66 Ventures and Assurant Inc., along with its existing investors.
News: FormFree Provides Industry’s Most Complete Analysis of Borrower Ability to Pay with Data from Envestnet | Yodlee Risk Insight Solutions
Mortgage and Finance News: (ATHENS, Ga.) FormFree(R) today announced its expanded partnership with Envestnet | Yodlee (NYSE:ENV), a leading data aggregation and data analytics platform powering dynamic, cloud-based innovation for digital financial services. By leveraging Envestnet | Yodlee Risk Insight Solutions, FormFree will have access to new data points that help to reinforce its position as provider of the most complete and reliable asset, employment and income verification reports in the mortgage industry.
News: DocMagic Opens High-Tech Print Fulfillment Supercenter to Support Growth
Mortgage and Finance News: (TORRANCE, Calif.) DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that it has opened a 12,000 square foot print fulfillment center minutes from its Torrance, California headquarters. DocMagic added the high tech "supercenter" to support lenders' growing need for secure, compliant paper documents as the mortgage industry transitions to a 100 percent digital mortgage process.
News: DocMagic’s Jonathan Kearns Appointed to MISMO Residential Standards Governance Committee
Mortgage and Finance News: (TORRANCE, Calif.) DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that Jonathan Kearns has been appointed to the Mortgage Industry Standards Maintenance Organization (MISMO) Residential Standards Governance Committee.
News: FormFree Appoints Housing Finance Authority Faith Schwartz to Board of Directors
Mortgage and Finance News: (ATHENS, Ga.) FormFree today announced that housing finance expert Faith Schwartz has been elected to its board of directors. Among the most influential leaders in the mortgage industry, Schwartz has played a firsthand role in shaping current housing finance best practices and public policy.
News: The Mortgage Collaborative Adds Loan Vision to Preferred Partner Network
Mortgage and Finance News: (SAN DIEGO, Calif.) The Mortgage Collaborative, the nation's only independent mortgage cooperative, today announced the addition of Loan Vision, a mortgage industry-specific financial management and accounting software provider, to its preferred partner network, giving its Lender Members access to the industry's premier accounting software.
News: Cloudvirga Names Stephen DeSantis as Chief Financial Officer
Mortgage and Finance News: (IRVINE, Calif.) Cloudvirga, developer of intelligent mortgage point-of-sale (POS) platforms, has appointed Steve DeSantis as its new chief financial officer. A seasoned technology finance executive, DeSantis will be responsible for driving Cloudvirga's financial strategies to accelerate its growth. He will report to Cloudvirga's recently appointed CEO Michael Schreck.
News: OpenClose Adds New Hires to its Software Development Team
Mortgage and Finance News: (WEST PALM BEACH, Fla.) OpenClose, a multi-channel loan origination system (LOS) and mortgage software solutions provider, announced that it hired four senior developers to arm the company with additional resources to architect new products and enhance existing solutions.
News: Five Top-30 Lenders Choose Cloudvirga’s Digital Mortgage Platform in Last 100 Days
Mortgage and Finance News: (IRVINE, Calif.) Cloudvirga, developer of intelligent mortgage point-of-sale (POS) platforms, has signed five of the nation's top 30 non-bank lenders in the last 100 days. The new customers collectively originate over $100 billion in loans annually. The announcement follows the firm's addition of Michael Schreck as CEO in June and the completion of a $15 million Series B funding round led by Blackstone Group portfolio company Incenter in March.
News: Matic Insurance Services Raises $7 Million in Series A Round Backed by Top Lender, Insurance Carriers and VC Firms
Mortgage and Finance News: (SHERMAN OAKS, Calif.) Matic Insurance Services (Matic), a digital insurance agency whose technology enables borrowers to purchase homeowner's insurance during the mortgage transaction, announced today it has raised $7 million in a Series A funding round. Investors participating in the round include Mr. Cooper, one of the nation's top 20 mortgage originators and the fourth-largest home loan servicer in the country
News: Mortgage Capital Trading Integrates its MCTlive! Secondary Marketing Software with Fannie Mae’s Pricing & Execution – Whole Loan Application
Mortgage and Finance News: (SAN DIEGO, Calif.) Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced the release of new online functionality that automates the process of product selection and delivery of loan commitments directly to Fannie Mae for MCT's lender clients. The new solution, which was developed as part of MCT's ongoing technology collaboration with Fannie Mae, is called Rapid Commit(TM) and resides within MCT's award-winning secondary marketing platform, MCTlive!(TM).
News: SimpleNexus Adds AccountChek Asset, Employment and Income Verification from FormFree to Its Mobile Mortgage App
Mortgage and Finance News: (ATHENS, Ga.) FormFree today announced it has entered a partnership with SimpleNexus, a leader in bringing the home mortgage process to mobile devices. The integration of the two companies' technologies will make FormFree's AccountChek automated verification service for asset, employment and income a seamless part of the loan application experience for borrowers applying for a loan using SimpleNexus' mobile technology.
News: ReverseVision Partners with Premier Reverse Closings (PRC) to Streamline Title Ordering for Home-Equity Conversion Mortgages
Mortgage and Finance News: (SAN DIEGO, Calif.) ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, has forged a partnership with Premier Reverse Closings (PRC), a title and settlement firm specializing in reverse mortgage closings. A new integration between the companies' software allows users of ReverseVision's flagship RV Exchange (RVX) loan origination system (LOS) to order title services from PRC without ever leaving the RVX system.
News: Click n’ Close Digital Mortgage Platform Partners with NASCAR, Richard Petty Motorsports
Mortgage and Finance News: (DAYTONA BEACH, Fla.) Click n' Close, a division of Mid America Mortgage, Inc., has entered into official partnership agreements with the sanctioning body, NASCAR, and one of the most iconic race teams in the sport, Richard Petty Motorsports. The collaborations designate Click n' Close as the "Official Mortgage Provider of NASCAR" in addition to becoming a partner of Richard Petty Motorsports.