News Topic: Software
News: SimpleNexus is acquiring LBA Ware
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 its acquisition of Macon, Georgia-based software firm LBA Ware™. The strategic transaction, SimpleNexus' first, brings together 325 employees in 29 states to serve 425 distinct lender customers and dozens of mortgage technology integration partners.
News: FormFree applauds new Fannie Mae positive rent payment history enhancement to Desktop Underwriter as major advancement in homeownership access
Mortgage and Finance News: (ATHENS, Ga.) FormFree Founder and CEO Brent Chandler today released a statement commending Fannie Mae's efforts to remove barriers to homeownership by adding a positive rent payment history feature to Desktop Underwriter® (DU®).
News: SimpleNexus debuts in-app payments with Nexus Pay at MBA Annual21
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 the debut of Nexus Pay at the Mortgage Bankers Association's Annual Convention and Expo (MBA Annual21) happening October 17-20 at the San Diego Convention Center.
News: Lender Price Receives Strategic Investment Led by Argentum to Support Rapid Growth
Mortgage and Finance News: (PASADENA, Calif.) Lender Price, a leading provider of cloud-based mortgage pricing and digital lending solutions, announced today that it has received a strategic investment led by Argentum with participation from First Analysis and existing investor Costner Lake Investments. The investment will further accelerate Lender Price's rapid growth by supporting product development, sales & marketing, and customer service capabilities.
News: Innovative approach to digital home loan experience propels SimpleNexus to market-leading adoption by loan originators and consumers
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 milestones in the company's bid to "build the future of mortgages."
News: DocMagic Unveils eSign 3.0, Enhancing Remote Notary and eClosing Capabilities
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 the official launch of its eSign 3.0 platform. The enhancements to the mortgage industry's preeminent eSigning platform introduce new tools and features designed to enable lenders to easily facilitate remote online notarization (RON) for paperless eClosings.
News: Agile Launches MBS Pool Bidding
Mortgage and Finance News: (PHILADELPHIA, Pa.) Agile, a groundbreaking fintech bringing mortgage lenders and broker dealers on to a single electronic platform, today announced the launch of MBS pool bidding, enabling lenders and dealers to gain much-needed efficiencies and data through technology.
News: LBA Ware welcomes mortgage compliance expert Lyndal McLaughlin to CompenSafe implementation 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, today announced that mortgage industry expert Lyndal McLaughlin has joined its team as a software implementation consultant.
News: SimpleNexus rounds out its Nexus Closing eMortgage solution with DocMagic’s eVault and eNote technologies, enabling fully digital loan closings
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 the integration of its Nexus Closing™ eMortgage solution with DocMagic's eVault and eNote technologies. The integration enables automated generation of an eNote with a tamper-evident seal and delivers the eNote to a secure eVault for delivery to the MERS® eRegistry.
News: Mortgage Coach introduces integration with LoanSense to help federal student loan holders become homeowners and increase purchase power
Mortgage and Finance News: (CORONA, Calif.) Mortgage Coach, the industry's leading platform enabling mortgage lenders to create digital and accurate home loan options for consumers, today announced its partnership with LoanSense, an online student loan advisor that helps federal student loan holders enroll in affordable repayment and forgiveness plans.
News: LBA Ware’s LimeGear integrates with Experience.com to turn customer satisfaction scores into actionable business intelligence for mortgage lenders
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, today announced it has partnered with Experience.com, home of the world's most impactful Experience Management Platform (XMP), to provide customers with a dynamic way to track customer satisfaction as a key performance indicator (KPI) in LBA Ware's LimeGear™ BI platform.
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: 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: 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: 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: Say Goodbye to Receipt Headaches! AmTrav and Emburse Automate Travel Expenses
Mortgage and Finance News: (AGOURA HILLS, Calif.) AmTrav, the one connected platform for business travel, and Emburse, a global leader in expense management and accounts payable automation, today announced the next evolution in their partnership with the launch of their automatic receipts integration.
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: Report: Over One Quarter of All Mileage Reimbursement Claims Are Overreported
Mortgage and Finance News: (ISSAQUAH, Wash.) According to internal data gathered by TripLog, a leading enterprise mileage and expense tracking solution, over 1/4 (nearly 30%) of all mileage is overreported, which could potentially cost businesses millions of dollars per year in fraudulent reimbursements.