Mortgage News

Mortgage News – including news related to the mortgage industry, lenders, loan origination, fintech, home financing, compliance, mortgage technology, and related mortgage industry news from the Send2Press Newswire service.


Former loanDepot executive joins Cloudvirga as chief product officer

IRVINE, Calif., Dec. 11, 2018 (SEND2PRESS NEWSWIRE) — Cloudvirga, a leading provider of digital mortgage software, announced it has appointed Tim Von Kaenel to the role of chief product officer. In this role, Von Kaenel will oversee product strategy, design and go-to-market planning for Cloudvirga’s growing suite of digital mortgage point-of-sale products. Von Kaenel will report to Cloudvirga CEO Michael Schreck.

Nations Valuation Services Integrates Anow Appraisal Management Software to Accelerate Turn Times and Elevate Customer Experience for Mortgage Lenders

RED DEER, Alberta and PRAIRIE VILLAGE, Kan., Dec. 5, 2018 (SEND2PRESS NEWSWIRE) — Nations Valuation Services (NVS), the appraisal services division of the Nations Companies, today announced the integration of appraisal management software from Anow with NVS’ proprietary management system, AppraisalTRAX.

Cloudvirga CEO Michael Schreck honored by HousingWire as Vanguard Award winner

IRVINE, Calif., Dec. 4, 2018 (SEND2PRESS NEWSWIRE) — Cloudvirga, a leading provider of digital mortgage software, today announced that CEO Michael Schreck is a recipient of HousingWire’s 2018 HW Vanguard Award. Now in its fourth year, the Vanguard Awards spotlight the housing finance industry’s most successful and influential executives.

David Lykken Celebrated by HousingWire as a 2018 Vanguard Award Honoree

AUSTIN, Texas, Dec. 4, 2018 (SEND2PRESS NEWSWIRE) — Leading mortgage industry management consulting firm Austin, Texas-based Transformational Mortgage Solutions (TMS), today announced that Founder and Chief Transformational Officer David Lykken has been named a 2018 Vanguard Award honoree by HousingWire (HW) magazine.

Simplifile’s Mark Ladd Named 2018 HousingWire Vanguard

PROVO, Utah, Dec. 4, 2018 (SEND2PRESS NEWSWIRE) — Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, announced today that Vice President of Regulatory and Industry Affairs Mark Ladd has been recognized by HousingWire magazine in its fourth annual HW Vanguard Awards(TM) program.

FormFree President and Housing Finance Icon Faith Schwartz Receives 2018 HousingWire Vanguard Award

ATHENS, Ga., Dec. 3, 2018 (SEND2PRESS NEWSWIRE) — FormFree announced today that Faith Schwartz, a member of FormFree’s board of directors and the company’s acting president, has been honored with HousingWire’s 2018 HW Vanguard Award in recognition of her career contributions to the housing finance industry.

NotaryCam’s Rick Triola Named A 2018 HousingWire Vanguard

NEWPORT BEACH, Calif., Dec. 3, 2018 (SEND2PRESS NEWSWIRE) — NotaryCam, the leader in online notarization and original provider of mortgage eClosing solutions, today announced that its Founder and CEO Rick Triola has been named a 2018 Vanguard by HousingWire magazine as part of its fourth annual HW Vanguards Awards program. In the magazine’s profile on Triola, the HousingWire editorial staff noted Triola’s role as a “pioneer in the field of digital mortgages.”

LBA Ware CEO Lori Brewer Receives 2018 HousingWire Vanguard Award for Innovation in Mortgage Tech

MACON, Ga., Dec. 3, 2018 (SEND2PRESS NEWSWIRE) — LBA Ware, provider of the leading automated incentive compensation and sales performance management platform for mortgage lenders, announced today that company Founder and CEO Lori Brewer is a recipient of HousingWire’s 2018 HW Vanguard Award.

MQMR President Michael Steer Named Mortgage Industry ‘Vanguard’ by HousingWire Magazine

LOS ANGELES, Calif., Dec. 3, 2018 (SEND2PRESS NEWSWIRE) — Mortgage Quality Management and Research, LLC (MQMR) announced today that its President Michael Steer has been recognized by HousingWire magazine in its fourth annual HW Vanguard Awards(TM) program. Steer was honored for his efforts in building a diverse workforce and establishing a strong corporate culture that values employee feedback and community service.

Cloudvirga taps former Altisource CTO as executive vice president of technology

IRVINE, Calif., Nov. 27, 2018 (SEND2PRESS NEWSWIRE) — Cloudvirga, a leading provider of digital mortgage software, today announced that mortgage industry veteran James Vinci has been selected to fill the firm’s newly created executive vice president of technology position. In this role, Vinci will execute Cloudvirga’s technical vision, oversee initiatives to strengthen developer talent and collaborate across departments to scale technical initiatives to the company’s explosive growth.

LBA Ware Recruits Veteran Mortgage Compensation Leader Mari Denton as Director of Client Success

MACON, Ga., Nov. 27, 2018 (SEND2PRESS NEWSWIRE) — LBA Ware, the leading provider of automated incentive compensation and sales performance management software for mortgage lenders, today announced the appointment of Mari Denton as director of client success. An experienced finance professional, Denton has spent the last decade of her career in senior roles at some of the nation’s largest banks and independent mortgage lenders.

MCT Hires Industry Veteran Rhiannon Bolen as Regional Sales Manager to Satisfy Increasing Demand for its Product and Service Offerings

SAN DIEGO, Calif., Nov. 16, 2018 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that Rhiannon Bolen has joined the company’s sales team as one of its Regional Sales Managers and will be responsible for overseeing the Southern territory.

SafeChain Adds Blockchain to SafeWire to Further Safeguard Real Estate Wire Transactions

COLUMBUS, Ohio, Nov. 15, 2018 (SEND2PRESS NEWSWIRE) — SafeChain, the industry leader in wire fraud prevention software for land title, announced today it has added blockchain to its wire fraud prevention platform SafeWire, making the company the first in the industry to do so. The addition of blockchain to SafeWire provides increased security for real estate wire transactions by ensuring fraudsters cannot tamper with wiring instructions undetected.

Former Roostify exec joins Cloudvirga as chief customer success officer

IRVINE, Calif., Nov. 14, 2018 (SEND2PRESS NEWSWIRE) — Cloudvirga, a leading provider of digital mortgage software, today announced the appointment of Jesse Decker to the role of chief customer success officer. Decker will lead the company’s customer success division and work collaboratively with its product development and marketing teams to help leading mortgage lenders leverage the full potential of Cloudvirga’s revolutionary point-of-sale (POS) products.

Simplifile’s Nancy Alley Lauded as One of Mortgage Banking’s Most Powerful Women by National Mortgage Professional

PROVO, Utah, Nov. 13, 2018 (SEND2PRESS NEWSWIRE) — Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents and counties, today announced that Vice President of Strategic Planning Nancy Alley was recognized by National Mortgage Professional Magazine on its 2018 list of Mortgage Banking’s Most Powerful Women.

NotaryCam to Offer Complimentary Notarizations for Active Duty, Retired U.S. Military Members in Honor of Veterans Day

NEWPORT BEACH, Calif., Nov. 9, 2018 (SEND2PRESS NEWSWIRE) — NotaryCam today announced it would offer free remote online notarization (RON) sessions to United States veterans and current service members in honor of Veterans Day as part of its semi-annual “Help a Hero” initiative. From Nov. 9-12, active duty and retired service members can connect to a live notary public via NotaryCam’s secure virtual signing room to legally notarize, sign and execute documents and agreements online from anywhere in the world.

IDS Promotes Clint Salisbury to Sales and Marketing Team, Travis Carroll to Head of Implementation

SALT LAKE CITY, Utah, Nov. 9, 2018 (SEND2PRESS NEWSWIRE) — Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it has promoted two employees to provide additional support in mission-critical areas of the organization. Former Manager of Implementation Clint Salisbury has moved to the Sales and Marketing team, and Travis Carroll, who previously worked on IDS’s Integrations team, has moved into Salisbury’s role as head of the Implementation department.

Simplifile Adds 30 Northeastern, Mid-Atlantic Jurisdictions To E-recording Network

PROVO, Utah, Nov. 8, 2018 (SEND2PRESS NEWSWIRE) — Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, today announced that 30 additional recording jurisdictions located in nine states throughout the Northeastern and Mid-Atlantic U.S. have joined Simplifile’s e-recording network.

Cloudvirga’s Michael Schreck and Kyle Kamrooz lauded among Orange County’s most influential business leaders

IRVINE, Calif., Nov. 7, 2018 (SEND2PRESS NEWSWIRE) — Cloudvirga, a leading provider of digital mortgage software, today announced that company CEO Michael Schreck and Co-founder Kyle Kamrooz have been named to Orange County Business Journal’s ‘OC 500’ list of the most influential business leaders in Orange County, California.

MCT Moves to Secure Sensitive Borrower Data Exposed in 90 Percent of Secondary Market Transactions

SAN DIEGO, Calif., Nov. 7, 2018 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that it is incorporating the company’s patent-pending geocoding technology into its Bid Auction Manager(TM) (BAM) whole loan trading platform in order to shield borrower addresses from being shared with non-buying entities throughout the whole loan bidding process.

Kara Lamphere of Mid America Mortgage Named to Mortgage Banking’s Most Powerful Women

ADDISON, Texas, Nov. 2, 2018 (SEND2PRESS NEWSWIRE) — Mid America Mortgage, Inc. (Mid America) announced today that Chief Operating Officer Kara Lamphere was named to National Mortgage Professional (NMP) magazine’s 2018 list of Mortgage Banking’s Most Powerful Women.

MReport Names LBA Ware Among Mortgage Industry’s Top 25 Employers

MACON, Ga., Nov. 2, 2018 (SEND2PRESS NEWSWIRE) — LBA Ware, the leading provider of automated compensation software and systems integration solutions for mortgage lenders, announced today that it has been named to MReport’s inaugural list of the Top 25 Companies to Work For in mortgage and housing.

QRL Leverages DocMagic’s eVault Technology to Purchase eNotes from Correspondent Clients

ANAHEIM, Calif., Oct. 29, 2018 (SEND2PRESS NEWSWIRE) — Annual CUNA Lending Council Conference — DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that QRL Financial Services (QRL), a nationwide provider of residential mortgage lending services for community banks and credit unions, has leveraged its eVault technology to purchase eNotes. The announcement was made during the 24th Annual CUNA Lending Council Conference at the Disneyland Hotel in Anaheim, Calif.

New Britain Mortgage Appoints Brian Giardino as CEO

CHALFONT, Pa., Oct. 29, 2018 (SEND2PRESS NEWSWIRE) — A Pennsylvania-based mortgage company, New Britain Mortgage, LLC, a subsidiary of Merck Sharp & Dohme Federal Credit Union (MSDFCU), is excited to announce that Brian Giardino has joined the firm as CEO.

ReverseVision Vice President Wendy Peel Recognized as One of Mortgage Banking’s Most Powerful Women

SAN DIEGO, Calif., Oct. 26, 2018 (SEND2PRESS NEWSWIRE) — ReverseVision, the leading provider of technology and training for the reverse mortgage industry, announced today that Vice President of Sales and Marketing Wendy Peel has been honored by National Mortgage Professional (NMP) Magazine as one of Mortgage Banking’s Most Powerful Women.

FormFree’s Faith Schwartz Named Among Mortgage Banking’s Most Powerful Women

ATHENS, Ga., Oct. 25, 2018 (SEND2PRESS NEWSWIRE) — FormFree today announced that National Mortgage Professional (NMP) magazine has named Acting President Faith Schwartz to the publication’s inaugural list of Mortgage Banking’s Most Powerful Women.

Lori Brewer of LBA Ware Honored as One of Mortgage Banking’s Most Powerful Women

MACON, Ga., Oct. 25, 2018 (SEND2PRESS NEWSWIRE) — LBA Ware, the leading provider of automated compensation software and systems integration solutions for mortgage lenders, today announced that company Founder and CEO Lori Brewer has been honored by National Mortgage Professional (NMP) magazine as one of Mortgage Banking’s Most Powerful Women. (VIDEO)

MCT to Unveil its MSRlive! Platform that Accurately, Easily and Quickly Values Servicing Portfolios

SAN DIEGO, Calif., Oct. 25, 2018 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced the upcoming launch of MSRlive!, a powerful web-based platform designed to effectively support lenders’ efforts to build, maintain and optimize their servicing portfolios.

Digital Mortgage Maven Kelly Purcell Joins NotaryCam as EVP of Marketing and Business Development

NEWPORT BEACH, Calif., Oct. 22, 2018 (SEND2PRESS NEWSWIRE) — NotaryCam, leader in online notarization and the original provider of mortgage eClosing solutions, today announced that the company has hired digital mortgage specialist Kelly Purcell as Executive Vice President of Marketing and Business Development.

Cloudvirga helps raise over $50,000 for cancer patients and wounded veterans

IRVINE, Calif., Oct. 18, 2018 (SEND2PRESS NEWSWIRE) — Cloudvirga, a leading provider of digital mortgage software, helped raise more than $50,000 for wounded veterans and families affected by cancer as a corporate sponsor of the Finance of America Mortgage Charity Golf Tournament and Auction benefitting the Golden State Impact Project.

ReverseVision and STRATMOR Group Partner to Integrate First-Ever HECM Borrower Satisfaction Benchmark into MortgageSAT

SAN DIEGO, Calif., Oct. 15, 2018 (SEND2PRESS NEWSWIRE) — ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced it is partnering with leading mortgage industry advisory firm STRATMOR Group to develop the first-ever HECM borrower satisfaction benchmark as part of STRATMOR’s MortgageSAT Borrower Satisfaction Program.

FormFree and Freddie Mac Partner to Automate Income and Asset Assessment to Safely Speed Origination Process

ATHENS, Ga., Oct. 15, 2018 (SEND2PRESS NEWSWIRE) — Freddie Mac has named FormFree a designated third-party service provider for automated income and asset assessment capabilities. The announcement came as the GSE unveiled new enhancements to Loan Advisor(SM) at the Mortgage Bankers Association’s Annual Convention and Expo in Washington, D.C.

Thrive Mortgage partners with Cloudvirga to give its loan officers an edge with consumers

IRVINE, Calif., Oct. 15, 2018 (SEND2PRESS NEWSWIRE) — Cloudvirga, a leading provider of digital mortgage software, today announced that full-service mortgage lender Thrive Mortgage LLC (formerly Georgetown Mortgage) is deploying Cloudvirga digital mortgage technology to loan officers across its more than 50 branch locations nationwide. The lender expects 70 percent of its loan production will be powered by Cloudvirga technology by the end of the quarter.

Secure Insight Creates National eClosing Training Program Using DocMagic’s Total eClose Solution

WASHINGTON, D.C., Oct. 15, 2018 (SEND2PRESS NEWSWIRE) — Secure Insight, a New Jersey-based data intelligence and vendor management firm, announced today at the MBA’s Annual Convention and Expo that it teamed with DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, to develop and host an online training program.

Cloudvirga Selected to Demo Mobile POS at MBA Annual Conference and Expo in Washington, DC

IRVINE, Calif., Oct. 12, 2018 (SEND2PRESS NEWSWIRE) — Cloudvirga, a leading provider of digital mortgage software, announced that it has been selected to demo its recently launched Mobile POS at the Mortgage Bankers Association’s Annual Conference & Expo 2018, taking place October 14-17 at the Walter E. Washington Convention Center in downtown Washington, D.C.

Ainsworth Advisors Fields Top-Tier Mortgage Business Leaders to Guide Long Range Growth for World Class Lenders

DALLAS, Texas, Oct. 12, 2018 (SEND2PRESS NEWSWIRE) — Ainsworth Advisors, LLC, a group of veteran mortgage industry leaders offering strategic and tactical advice, helping improve efficiencies and developing strong leadership teams for world-class mortgage lending businesses, today announced it has deepened its bench strength with unparalleled expertise in key operations and planning areas.

FormFree and LoanBeam Partner to Automate Income Extraction and Calculation for Mortgage Lenders

ATHENS, Ga., Oct. 12, 2018 (SEND2PRESS NEWSWIRE) — Automated verification provider FormFree has partnered with LoanBeam, the leader in automated income extraction and calculation, to make it easy for mortgage lenders to solve two of their toughest underwriting challenges: collecting digital borrower financial data directly from the source and calculating qualified income with accuracy, consistency and efficiency.

OpenClose Launches RESTful API Suite, Expanding Connectivity to Third Party Applications and Services

WEST PALM BEACH, Fla., Oct. 10, 2018 (SEND2PRESS NEWSWIRE) — OpenClose, an industry-leading multi-channel loan origination system (LOS) and mortgage fintech provider, announced the release of a RESTful API suite designed to offer its customers an easier, more cost effective and secure standardized solution to enable rich and deep direct interactions with their system of record from third party and home grown systems.

Mid America Mortgage Hires Pamela Misner to Manage Underwriting

ADDISON, Texas, Oct. 10, 2018 (SEND2PRESS NEWSWIRE) — Mid America Mortgage, Inc. (Mid America) Owner and Chief Executive Officer Jeff Bode announced the firm has retained Pam Misner as Underwriting Manager. With nearly 30 years of mortgage expertise, Misner will direct Mid America’s mortgage loan underwriting and collaborating on the expansion of origination and production teams for Mid America’s West Coast branches.

DocMagic Teams with Several Southern California Non-Profit Groups and Organizations in Support of Breast Cancer Awareness Month

TORRANCE, Calif., Oct. 9, 2018 (SEND2PRESS NEWSWIRE) — DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that it has donated a shipment of its popular custom-made pink bunny slippers, which will be handed out at a blood drive event for Breast Cancer Awareness Month. Twenty percent of all donated blood will be given to cancer treatment and research.