Mortgage News - Page 5

Page 5 of Mortgage News issued by the Send2Press® Newswire service.



Quest Advisors Picks TRK’s Insight RDM Mortgage QC Audit Platform

SALT LAKE CITY, Utah, March 6, 2018 (SEND2PRESS NEWSWIRE) — TRK Connection (TRK), a leading provider of mortgage quality control and origination management solutions, announced today that outsourced mortgage quality assurance firm Quest Advisors has selected Insight Risk & Defect Management (RDM) to power its third-party mortgage QC reviews.

Inlanta Mortgage Integrates CompenSafe with LendingQB

MACON, Ga., March 5, 2018 (SEND2PRESS NEWSWIRE) — LBA Ware(TM), a leading provider of automated compensation software and systems integration solutions for mortgage lending and retail banking, announced that Wisconsin-based Inlanta Mortgage has completed integration between LBA Ware’s CompenSafe(TM) automated compensation calculation platform and LendingQB’s cloud-based loan origination solution (LOS). Through the integration, Inlanta is able to leverage real-time loan production data to automatically calculate compensation for each of its 100+ loan originators (LOs).

IDS Gains Market Share in 2017 Despite Industry Downturn

SALT LAKE CITY, Utah, March 1, 2018 (SEND2PRESS NEWSWIRE) — Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it increased its share of the mortgage document preparation market in 2017, even though the industry overall experienced a decline in volume.

RoundPoint and Matic Automate Homeowner’s Insurance for Homebuyers, Mortgage Servicing Customers and RoundPoint Employees

SHERMAN OAKS, Calif., March 1, 2018 (SEND2PRESS NEWSWIRE) — Matic, a digital insurance agency whose technology enables borrowers to purchase homeowner’s insurance during the mortgage transaction, today announced a wide-ranging integration with RoundPoint Mortgage Servicing Corporation (RoundPoint), a mortgage loan originator and one of the nation’s largest non-bank mortgage servicing companies. The integration will make Matic’s one-click “get quote” button available to both customers and employees of RoundPoint.

Matic Challenges U.S. Mortgage Lenders, Insurers to Help Families Achieve Affordable Housing

SHERMAN OAKS, Calif., Feb. 26, 2018 (SEND2PRESS NEWSWIRE) — Matic, a digital insurance agency whose technology enables borrowers to purchase homeowner’s insurance during the mortgage transaction, is calling on mortgage lenders, realtors and insurance providers nationwide to support Housed & Hopeful, a public/private partnership with non-profit Mortgage Professionals Providing Hope (MPPH) that aims to house America’s homeless families.

CUMAnet Selects Simplifile Collaboration and Post Closing Services

PROVO, Utah, Feb. 22, 2018 (SEND2PRESS NEWSWIRE) — Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, announced that CUMAnet has begun using Simplifile Collaboration and Post Closing services to provide credit union clients with a centralized platform that facilitates the effortless exchange of information with settlement partners. CUMAnet intends to expand usage to facilitate electronic document recording for mortgage satisfactions.

LendingQB Makes FormFree’s Award-Winning AccountChek Asset Verification Part of Its ‘Lean Lending’ Loan Origination Software

ATHENS, Ga., Feb. 20, 2018 (SEND2PRESS NEWSWIRE) — FormFree today announced the availability of its AccountChek(R) automated asset verification service within LendingQB’s web-based loan origination software (LOS). The integration enables lenders to order AccountChek Asset Reports directly from LendingQB’s verifications dashboard.

NEXT Mortgage Conference Announces ‘NEXT Who’s Who’ Winners

EDMOND, Okla., Feb. 20, 2018 (SEND2PRESS NEWSWIRE) — NEXT Mortgage Events LLC, a creator of NEXT, the mortgage technology conference for women, has announced the winners of the inaugural 2018 NEXT Who’s Who list. The NEXT Who’s Who recognizes NEXT conference attendees who are demonstrating leadership in the mortgage industry.

OpenClose Bolsters Software Integration and Support Teams

WEST PALM BEACH, Fla., Feb. 16, 2018 (SEND2PRESS NEWSWIRE) — OpenClose(R), 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.

ARMCO Named a ‘Top 100 Mortgage Employer’ by National Mortgage Professional Magazine for Second Consecutive Year

POMPANO BEACH, Fla., Feb. 15, 2018 (SEND2PRESS NEWSWIRE) — ACES Risk Management (ARMCO), the leading provider of financial quality control and compliance software ACES Audit Technology(TM), 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.

Pavaso Leads Charity Effort Benefitting Girls Inc. of Metropolitan Dallas at NEXT Mortgage Conference

EDMOND, Okla., Feb. 12, 2018 (SEND2PRESS NEWSWIRE) — NEXT Mortgage Events LLC, a creator of events for women mortgage executives, has announced that Pavaso, a mortgage industry leader in eClosing and consumer management technology solutions, led a charity effort that raised over $2,200 for Girls Inc. of Metropolitan Dallas, at NEXT, the mortgage industry’s only technology-centric conference for women executives.

MQMR Taps Mitchell Nomura as Internal Audit Manager

LOS ANGELES, Calif., Feb. 12, 2018 (SEND2PRESS NEWSWIRE) — Mortgage Quality Management and Research, LLC (MQMR), a leader in mortgage risk management and compliance services, announced it has hired Mitchell Nomura as internal audit manager. In this role, Nomura will apply his more than 30 years of experience overseeing compliance and risk management departments at bank and non-bank lenders to leading MQMR’s team of expert internal auditors as they identify compliance and operational risks for mortgage lender clients.

LBA Ware CEO Lori Brewer Named to 2018 MPA Hot 100 List for Technology Contributions to Mortgage Industry

MACON, Ga., Feb. 12, 2018 (SEND2PRESS NEWSWIRE) — LBA Ware(TM), a leading provider of automated compensation software and systems integration solutions for mortgage lending and retail banking, announced today that its CEO Lori Brewer has been named to Mortgage Professional America (MPA) magazine’s “2018 Hot 100” list. Brewer was recognized for her entrepreneurship and innovation in pioneering the development of a first-of-its-kind software solution to automatically calculate loan officer (LO) compensation.

Global DMS Launches EVO-Commercial, a Next-Generation Valuation Management Software Platform for Commercial Lending

SAN DIEGO, Calif., Feb. 12, 2018 (SEND2PRESS NEWSWIRE) — Global DMS, a leading provider of cloud-based valuation management software, announced that it launched EVO-Commercial(TM) (EVO-C) at the MBA’s CREF/Multifamily Housing Convention & Expo being held in San Diego from February 11 – 14. 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.

Simplifile VPs Nancy Alley, Vicki DiPasquale Recognized in MPA’s 2018 Hot 100

PROVO, Utah, Feb. 8, 2018 (SEND2PRESS NEWSWIRE) — Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, announced that Simplifile Vice President of Strategic Planning Nancy Alley and Vice President of Sales Vicki DiPasquale were named to Mortgage Professional America (MPA) magazine’s 2018 Hot 100. The honor, now in its sixth year, recognizes “100 movers and shakers who are heating things up in the mortgage world.”

The Cooksey Team Founder Michael Cooksey Recognized by Mortgage Professional America in 2018 Hot 100

ADDISON, Texas, Feb. 8, 2018 (SEND2PRESS NEWSWIRE) — The Cooksey Team, a top producing retail branch of Mid America Mortgage, Inc., announced today its founder Michael Cooksey has been honored by housing industry trade magazine Mortgage Professional America (MPA) on its 2018 Hot 100 list.

Mid America Mortgage CEO Jeff Bode Recognized by MPA in ‘2018 Hot 100’

ADDISON, Texas, Feb. 8, 2018 (SEND2PRESS NEWSWIRE) — Mid America Mortgage, Inc. (Mid America) announced today that owner and CEO Jeff Bode has been honored by Mortgage Professional America (MPA) magazine in publication’s sixth annual Hot 100 list of mortgage industry professionals who have made a notable impact over the past year.

TRK Connection CTO Randy Abbey Named to MPA’s 2018 Hot 100

SALT LAKE CITY, Utah, Feb. 8, 2018 (SEND2PRESS NEWSWIRE) — TRK Connection (TRK), a leading provider of mortgage quality control and origination management solutions, announced today that Chief Technology Officer Randy Abbey has been named to Mortgage Professional America (MPA) magazine’s 2018 Hot 100. He was recognized for contributing unique technology-based innovations in mortgage quality control (QC) and risk management.

Cloudvirga’s Kyle Kamrooz Named to MPA Hot 100 List of Top Mortgage Industry Innovators

IRVINE, Calif., Feb. 8, 2018 (SEND2PRESS NEWSWIRE) — Cloudvirga(TM), developer of intelligent mortgage point-of-sale (POS) platforms, today announced that its Co-founder and Chief Strategy Officer Kyle Kamrooz has been named to Mortgage Professional America (MPA) magazine’s annual Hot 100 list of the leaders and visionaries making the biggest impact on America’s mortgage industry. Kamrooz was recognized for spearheading Cloudvirga’s transformative contributions to reducing mortgage back-office costs through digital mortgage technology.

Mortgage Professional America Names Matic Co-Founder Ben Madick to Its Hot 100 List of Industry Visionaries

SHERMAN OAKS, Calif., Feb. 8, 2018 (SEND2PRESS NEWSWIRE) — Matic, a digital insurance agency whose technology enables borrowers to purchase homeowner’s insurance during the mortgage transaction, announced today that company co-founder and COO Benjamin Madick has been named one of Mortgage Professional America (MPA) magazine’s “Hot 100.” Madick was recognized for his career-long contributions to the mortgage industry and for establishing the strategic partnerships that have fueled Matic’s rapid growth.

FormFree’s Brent Chandler Named Among Mortgage Professional America’s Hot 100

ATHENS, Ga., Feb. 8, 2018 (SEND2PRESS NEWSWIRE) — FormFree(R) today announced that company founder and CEO Brent Chandler has been recognized by Mortgage Professional America (MPA) magazine in its annual Hot 100 list of mortgage professionals whose contributions are shaping America’s home finance future. Chandler was recognized as the creator of AccountChek(R) – the mortgage industry’s first automated asset verification tool – and for advancing innovative approaches to income and employment verification using asset data and augmented intelligence (AI).

ReverseVision Vice President of Sales and Marketing Wendy Peel Included in MPA’s 2018 Hot 100

SAN DIEGO, Calif., Feb. 8, 2018 (SEND2PRESS NEWSWIRE) — ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, announced today that Vice President of Sales and Marketing Wendy Peel has been named to Mortgage Professional America (MPA) magazine’s Hot 100 list. Peel was selected for her influential role in bringing HECM loans into the mortgage mainstream as part of a Generational Lending approach to serving borrower needs across the consumer lifecycle.

Movement Mortgage Implements CompenSafe to Automate LO Compensation

MACON, Ga., Feb. 7, 2018 (SEND2PRESS NEWSWIRE) — 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(TM) to automatically calculate commissions for its loan originators (LOs) located in 700 branches across 49 states.

Subsequent QC, LLC Urges Lenders to Protect MSRs Ahead of Mortgage Servicing Activity in 2018

LOS ANGELES, Calif., Jan. 30, 2018 (SEND2PRESS NEWSWIRE) — Subsequent QC, LLC (SQC) President Michael Steer today advised lenders to take steps to protect their Mortgage Servicing Rights (MSR) assets ahead of an anticipated increase in total mortgage servicing volume. According to the Mortgage Bankers Association, outstanding mortgage debt is expected to reach $10.4 trillion by the end of 2018, compared to $10 trillion in 2017 and $9.7 trillion in 2016.

Critical Loan Defect Rates Increase for Third Consecutive Quarter

POMPANO BEACH, Fla., Jan. 30, 2018 (SEND2PRESS NEWSWIRE) — ACES Risk Management (ARMCO), the leading provider of financial quality control and compliance software ACES Audit Technology(TM), announced the release of the ARMCO Mortgage QC Trends Report for the second quarter of 2017.

LBA Ware’s CompenSafe Hits $1 Billion in Lifetime LO Compensation Calculations

MACON, Ga., Jan. 26, 2018 (SEND2PRESS NEWSWIRE) — LBA Ware(TM), 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.

Addition of 23 Jurisdictions in the Eastern U.S. Pushes Simplifile E-recording Network Past the 1,700th Mark

PROVO, Utah, Jan. 24, 2018 (SEND2PRESS NEWSWIRE) — 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.

DocMagic Reaches 300 Million Mortgage eSignings as More Borrowers Opt for eSigning and More Lenders Require Proof of TRID Compliance

TORRANCE, Calif., Jan. 24, 2018 (SEND2PRESS NEWSWIRE) — 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.

iEmergent Joins The Mortgage Collaborative’s Preferred Partner Network

SAN DIEGO, Calif., Jan. 23, 2018 (SEND2PRESS NEWSWIRE) — The Mortgage Collaborative, the nation’s only independent mortgage cooperative, today announced the addition of forecasting and analytics firm iEmergent to its Preferred Partner network. iEmergent offers TMC members market-based forecasts that can drill down into communities, making the intelligence relevant to both high-level strategic issues and specific market challenges.

FormFree Celebrates Its Tenth Year of Operations with Broader Investor Acceptance, New Products and Features for Lenders

ATHENS, Ga., Jan. 19, 2018 (SEND2PRESS NEWSWIRE) — 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.

MQMR Announces Internal Audit Services Compliant with Fannie Mae Seller/Servicer December 19 Update

LOS ANGELES, Calif., Jan. 18, 2018 (SEND2PRESS NEWSWIRE) — Mortgage Quality Management and Research, LLC (MQMR), a leader in mortgage risk management and compliance services, today announced that its Internal Audit services offering meets or exceeds the requirements for Fannie Mae seller/servicers to be in compliance with the December 19, 2017 Fannie Mae Selling Guide Announcement SEL-2017-10 update.

Mortgage Capital Trading COO Phil Rasori Scheduled to Speak at the Independent Mortgage Bankers Conference

SAN DIEGO, Calif., Jan. 16, 2018 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that its COO, Phil Rasori, will be speaking on a panel session at the MBA’s 2018 Independent Mortgage Bankers Conference on Wednesday, January 24, 2018 being held at the Ritz-Carlton in Fernandina Beach, Florida.

Record Year for Cloudvirga Closes with Customers of Its Digital Mortgage Platform Producing Over $100B in Loan Volume

IRVINE, Calif., Jan. 16, 2018 (SEND2PRESS NEWSWIRE) — Cloudvirga(TM) 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.

Smaller Originators Will Follow Top Lenders’ Lead in Making Homeowner’s Insurance Part of the Digital Mortgage, Says Matic CEO

SHERMAN OAKS, Calif., Jan. 16, 2018 (SEND2PRESS NEWSWIRE) — Integrating homeowner’s insurance into the mortgage origination process is a relatively new idea – and one Matic CEO Aaron Schiff anticipates will gain traction in 2018. His firm expects small and mid-sized mortgage operations will follow the lead of several marquee lenders that added homeowner’s insurance to their origination workflows last year.

Transformational Mortgage Solutions (TMS) Founder David Lykken Names Beth Ozenghar President and COO

AUSTIN, Texas, Jan. 15, 2018 (SEND2PRESS NEWSWIRE) — Leading mortgage industry management consulting firm Austin, Texas-based Transformational Mortgage Solutions (TMS) today announced that it has named Beth Ozenghar its new president and COO. Ozenghar, whose mortgage career spans three decades, had been in the role of senior executive advisor with TMS since 2016. TMS Founder David Lykken will retain the title of founder and chief transformation officer, focusing on spearheading the firm’s management consulting engagements.

Mortgage Capital Trading Bolsters its Marketing Team with the Addition of Ian Miller as CMO

SAN DIEGO, Calif., Jan. 10, 2018 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that Ian Miller has joined the company as Chief Marketing Officer (CMO). In this newly created position, he is responsible for ensuring that MCT’s marketing strategy effectively supports the company’s business plan and helps drive growth.

Digital Mortgage Point-of-Sale Pioneer Cloudvirga Hires Sean McEvoy as Chief Customer Officer

IRVINE, Calif., Jan. 9, 2018 (SEND2PRESS NEWSWIRE) — Cloudvirga(TM), 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.

TRK VP Colton Hansen Named a 2017 ’40 Under 40′ by National Mortgage Professional Magazine

SALT LAKE CITY, Utah, Jan. 5, 2018 (SEND2PRESS NEWSWIRE) — TRK Connection (TRK), a leading provider of mortgage quality control and origination management solutions, announced today that Vice President of Business Development Colton Hansen has been named one of “The 40 Most Influential Mortgage Professionals Under 40” for 2017 by industry trade magazine National Mortgage Professional.

AccountChek by FormFree Automated Asset Report Now Accepted for VA Loans

ATHENS, Ga., Jan. 5, 2018 (SEND2PRESS NEWSWIRE) — FormFree(R) today announced that asset reports generated by its AccountChek(R) 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.

Global DMS Valuation Management Platform is Now Integrated with Black Knight’s LoanSphere Exchange Technology

LANSDALE, Pa., Jan. 4, 2018 (SEND2PRESS NEWSWIRE) — 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.