FinTech News

Financial Technology and Fintech News – Including news related to mortgage technology, SaaS, finance tech, loan origination, appraisal management, and related fintech topics from the Send2Press Newswire service.


New SimpleNexus eClosing feature enables mortgage lenders to conduct speedy and convenient hybrid closings of purchase and refinance loans

LEHI, Utah, Aug. 6, 2020 (SEND2PRESS NEWSWIRE) — SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced the release of SimpleNexus eClosing, a new feature that enables lenders to conduct hybrid closings for purchase and refinance loans.

MCT Fortifies Its Team of Mortgage Industry Leaders Before 2020 Market Volatility

SAN DIEGO, Calif., Aug. 5, 2020 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that it appointed two mortgage industry veterans in early 2020 which strengthen its support to the capital markets community during the worldwide pandemic and associated financial turbulence.

FormFree Head of Vendor Management and Compliance Katie King Honored as HousingWire 2020 Women of Influence

ATHENS, Ga., Aug. 3, 2020 (SEND2PRESS NEWSWIRE) — FormFree Head of Vendor Management and Compliance Katie King has been recognized by HousingWire (HW) as a 2020 Woman of Influence. In its tenth year, the Women of Influence awards program honors 100 women who are “shaping and propelling the mortgage, real estate and fintech industries forward.”

OpenClose Integration with Access Business Technologies Provides Faster Exchange of Loan Data Between LOS and Third-Party Systems

WEST PALM BEACH, Fla., July 31, 2020 (SEND2PRESS NEWSWIRE) — OpenClose®, the industry-leading mortgage fintech provider and omni-channel loan origination system (LOS), announced that it integrated with Access Business Technologies’ (ABT) MortgageExchange interface solution.

FormFree Taps Jocelyn Crum Brooks, AMP, as National Account Manager

ATHENS, Ga., July 28, 2020 (SEND2PRESS NEWSWIRE) — FormFree has appointed Jocelyn Crum Brooks, AMP, as national account manager. Brooks will leverage her two decades’ experience supporting lender relationships with the Federal Home Loan Mortgage Corporation (Freddie Mac) to build new customer relationships and strengthen existing customer engagement with FormFree’s flagship products, AccountChek and AccountChek Plus.

Top of Mind Networks partners with MobilityRE to fuel mortgage loan officer/real estate agent collaboration through SurefireCRM

ATLANTA, Ga., July 28, 2020 (SEND2PRESS NEWSWIRE) — Top of Mind Networks (Top of Mind), a leader in customer relationship management (CRM) and marketing automation software for the mortgage lending industry, has added game-changing real estate market intelligence, collaboration and analytics tools from MobilityRE to its flagship SurefireCRM.

Arvest Bank to roll out SimpleNexus mobile-first mortgage platform

LEHI, Utah, July 28, 2020 (SEND2PRESS NEWSWIRE) — SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced that more than 200 retail loan officers at Arvest Bank (Arvest) will soon begin offering borrowers and referral partners a more streamlined mortgage experience powered by SimpleNexus.

Independent Bankers Association of Texas Announces Promontory MortgagePath as Its Newest Endorsed Service Provider

AUSTIN, Texas, July 27, 2020 (SEND2PRESS NEWSWIRE) — The Independent Bankers Association of Texas (IBAT) is pleased to announce that Promontory MortgagePath, LLC (PMP) has been selected as the newest IBAT Endorsed Service Provider for its ability to deliver a tailored, modern and cost-effective set of mortgage solutions.

Valligent Technologies Hires Walter Allen as EVP of Digital Transformation

ROSEVILLE, Calif., July 22, 2020 (SEND2PRESS NEWSWIRE) — Valligent Technologies (Valligent), the mortgage industry’s residential valuation technology trendsetter, announced today that it has hired Walter Allen as executive vice president of digital transformation.

DocMagic and Simplifile Team to Advance eClosing Adoption, eNotarizations, and eRecordings

TORRANCE, Calif., July 22, 2020 (SEND2PRESS NEWSWIRE) — DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced it has partnered with leading real estate document collaboration and recording technology provider Simplifile to deliver new process efficiencies that further digitize the closing process.

Enhanced integration between SimpleNexus and Top of Mind’s SurefireCRM helps mortgage lenders curb abandoned applications, build books of business

ATLANTA, Ga., July 21, 2020 (SEND2PRESS NEWSWIRE) — Top of Mind Networks (Top of Mind), a leader in customer relationship management (CRM) and marketing automation software for the mortgage lending industry, has added two-way data sync to its integration with digital mortgage app SimpleNexus.

MortgageCountry Perfects the eClosing Process – Goes Live with DocMagic’s Custom-Configured Total eClose™ Solution and Dynamic Document Preparation Service

TORRANCE, Calif., July 16, 2020 (SEND2PRESS NEWSWIRE) — DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that MortgageCountry, a newly formed mortgage banker, has implemented its Total eClose platform and dynamic document preparation service.

SimpleNexus launches ConnectUs Chat to facilitate real-time loan file collaboration between loan teams, borrowers and real estate agents

LEHI, Utah, July 8, 2020 (SEND2PRESS NEWSWIRE) — SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced the release of SimpleNexus ConnectUs Chat, a messaging feature that enables real-time loan file collaboration.

SimpleNexus and Optimal Blue enhance integration to deliver fully integrated mobile rate-locking solution

LEHI, Utah, June 30, 2020 (SEND2PRESS NEWSWIRE) — SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced significant enhancements to its integration with Optimal Blue, the leading provider of secondary marketing solutions and data services in the mortgage industry.

IDS Expands Settlement Agent Roles in Solitude Solution

SALT LAKE CITY, Utah, June 24, 2020 (SEND2PRESS NEWSWIRE) — Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it has updated and expanded several features within its eClose platform Solitude Solution to streamline the closing ceremony and better support the settlement agent’s role in the closing process.

The Jacobsen Announces Release of Sage, a New Augmented Intelligence Platform

BOULDER, Colo., June 22, 2020 (SEND2PRESS NEWSWIRE) — The Jacobsen has announced the release of their new augmented intelligence platform for commodity price forecasting, named Sage. “We are the first price reporting agency to release a forecasting product built on machine learning and augmented intelligence in our niche,” states John Donicht, President of The Jacobsen.

IDS Inks Exclusive Partnership Agreement with Mortgage Builder

SALT LAKE CITY, Utah, June 17, 2020 (SEND2PRESS NEWSWIRE) — Mortgage document preparation vendor International Document Services, Inc. (IDS), announced today it has expanded its partnership to become the exclusive integrated document preparation vendor of Mortgage Builder, a provider of award-winning mortgage loan origination and servicing software.

Centier Bank Slashes Man-Hours Spent Calculating Incentive Compensation by 99% with LBA Ware’s CompenSafe

MACON, Ga., June 16, 2020 (SEND2PRESS NEWSWIRE) — LBA Ware, a leading provider of incentive compensation management (ICM) and business intelligence software solutions for the mortgage industry, today announced that Centier Bank (Centier), Indiana’s largest private, family-owned bank, has implemented CompenSafe to automate incentive compensation for its residential lending department.

SimpleNexus and Mortgage Coach expand integration with real-time data syncing for instant analysis of lifetime loan costs

LEHI, Utah, June 16, 2020 (SEND2PRESS NEWSWIRE) — SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, has expanded its integration with Mortgage Coach, making it easier than ever for loan originators to give borrowers the clear, accurate comparison of loan products and scenarios needed to make informed mortgage decisions.

Mortgage Insurance Ordering Made Seamless as OpenClose® Integrates Its LenderAssist™ LOS with Radian

WEST PALM BEACH, Fla., June 12, 2020 (SEND2PRESS NEWSWIRE) — OpenClose, an industry-leading digital mortgage fintech provider, announced it completed an interface with Radian Guaranty Inc., the mortgage insurance (MI) subsidiary of Radian Group Inc. (NYSE: RDN). The integration leverages OpenClose’s omni-channel loan origination system (LOS) and RESTful API suite, allowing Radian customers to order MI without exiting the LenderAssist LOS.

FormFree Director of Partner Relationships Christy Moss, CMB, Honored by NEXT Mortgage Events’ Inaugural 50 Over 50 Awards

ATHENS, Ga., June 11, 2020 (SEND2PRESS NEWSWIRE) — FormFree Director of Partner Relationships Christy Moss, CMB, has been recognized by Next Mortgage Events (NEXT) as a 50 Over 50 honoree. In its inaugural year, the awards program honors female powerhouses in the mortgage industry.

Rapid Deployment Solutions and nipendo Sign Reseller Agreement

BOSTON, Mass. and FORT LAUDERDALE, Fla., June 11, 2020 (SEND2PRESS NEWSWIRE) — nipendo and Rapid Deployment Solutions (RDS) today announced a new partnership agreement for the resale of nipendo’s RPA (Robotic Process Automation) platform for P2P (Purchase-to-Pay) process automation.

SimpleNexus Platform Enhancement Enables Lenders and Borrowers to Manage Multiple Borrower Loans Through SimpleNexus’ User-Friendly Interface

LEHI, Utah, June 4, 2020 (SEND2PRESS NEWSWIRE) — SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced a platform enhancement that merges management of multiple loans with the same applicant into one user-friendly interface.

New Integration Enables OpenClose Lenders to Automate MERS® Loan Registration and Transfer via Cyberlink’s eRAMP System

WEST PALM BEACH, Fla., June 3, 2020 (SEND2PRESS NEWSWIRE) — OpenClose, the industry-leading mortgage fintech provider and omni-channel loan origination system (LOS), and Cyberlink Software Solutions, a provider of optimization and development solutions for mortgage lenders, announced the completion of an integration that eases the time consuming and laborious method of registering loans one by one with MERS.

Amid Ongoing Work-From-Home Requirements, DocMagic Provides its eSign Technology at Zero Cost to Boost Employee Productivity

TORRANCE, Calif., May 29, 2020 (SEND2PRESS NEWSWIRE) — DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced it has made an agnostic version of its eSign technology available for free in order to help organizations increase productivity, efficiency and compliance among work-from-home employees during COVID-19 stay-at-home orders as well as after they are lifted.

ARMCO Launches QC NOW Web Series to Support QC Professionals

DENVER, Colo., May 26, 2020 (SEND2PRESS NEWSWIRE) — ACES Risk Management (ARMCO), the leading provider of enterprise quality management and control software for the lending industry, announced the launch of QC NOW, a web series covering current regulatory and operational changes related to quality control, compliance and risk for independent mortgage lenders, banks and credit unions.

LBA Ware Publishes Findings of Top-10 Lender’s Compensation Automation Cost-Benefit Analysis

MACON, Ga., May 20, 2020 (SEND2PRESS NEWSWIRE) — LBA Ware, a leading provider of incentive compensation management (ICM) and business intelligence software solutions for the mortgage industry, today released the findings of a cost-benefit analysis quantifying one mortgage lender’s expected return on investment after implementing CompenSafe.

Global DMS offers unique Compliance Guarantee Program for EVO Appraisal Management Software

LANSDALE, Pa., May 19, 2020 (SEND2PRESS NEWSWIRE) — Global DMS, a leading provider of cloud-based appraisal management software, announced that it has launched a new Compliance Guarantee Program for those that utilize its EVO-Res appraisal management platform, which covers all fines in the event that a client is found out of compliance, but is using the software’s Best Practice Configuration.

ARMCO Expands Integrated Third-Party Vendor Offerings Within ACES Audit Technology

DENVER, Colo., May 19, 2020 (SEND2PRESS NEWSWIRE) — ACES Risk Management (ARMCO), the leading provider of enterprise quality management and control software for the lending industry, announced several major enhancements to its ACES Audit Technology platform to aid lenders’ loan defect categorization and post-closing quality control efforts.

SimpleNexus advances initial release of Closing Portal to help lenders meet urgent consumer demand for mobile mortgage closing solutions

LEHI, Utah, May 19, 2020 (SEND2PRESS NEWSWIRE) — SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced the release of the SimpleNexus Closing Portal, a new feature that enables lenders to securely collaborate with settlement service providers for streamlined closing package delivery and will pave the way for hybrid mortgage closings.

Veteran B2B Sales Leader Nick Belenky Joins Top of Mind as EVP of Sales

ATLANTA, Ga., May 19, 2020 (SEND2PRESS NEWSWIRE) — Top of Mind Networks (Top of Mind), a leader in customer relationship management (CRM) and marketing automation software for the mortgage lending industry, has hired veteran business-to-business sales leader Nick Belenky as executive vice president of sales. In this role, Belenky will direct Top of Mind’s sales operations with a focus on client success and new customer acquisition.

Digital Mortgage Provider Maxwell Extends Product Offering with New Fulfillment Platform

DENVER, Colo., May 19, 2020 (SEND2PRESS NEWSWIRE) — Digital mortgage provider Maxwell today announced a new way for small and midsize lenders to scale processing capacity to meet market needs through the launch of the Maxwell Fulfillment Platform.

ARMCO Launches ACESXPRESS for Early Payment Defaults

DENVER, Colo., May 13, 2020 (SEND2PRESS NEWSWIRE) — ACES Risk Management (ARMCO), the leading provider of enterprise quality management and control software for the lending industry, announced the release of ACESXPRESS for Early Payment Defaults (EPDs) to bolster lenders’ existing audit programs in light of the recent increases in required monthly EPD audit volume.

Altavera Founder Brian Simons joins Maxwell executive team

DENVER, Colo., May 12, 2020 (SEND2PRESS NEWSWIRE) — Digital mortgage leader Maxwell has announced Altavera Mortgage Services founder and former CEO Brian Simons has joined the company as president. Simons comes to Maxwell with 23 years of experience in the mortgage industry, including capital markets, loan origination and default management.

Global DMS Integrates eTrac Valuation Management Software with ProxyPics, Allowing Clients to Complete Real Estate Appraisals Remotely

LANSDALE, Pa., May 7, 2020 (SEND2PRESS NEWSWIRE) — Global DMS, a leading provider of cloud-based appraisal management software, announced that it has integrated its eTrac valuation management platform with ProxyPics – a patented, secure mobile app that provides a method of facilitating the delivery of photographs of a subject property when access to the property is unavailable.

Top of Mind enhances ‘Client for Life’ Workflow to help lenders retain 2020’s record-breaking influx of refi customers

ATLANTA, Ga., May 5, 2020 (SEND2PRESS NEWSWIRE) — Top of Mind Networks, a leader in customer relationship management (CRM) and marketing automation software for the mortgage lending industry, today announced enhancements to its “Client for Life” Workflow. Available to users of SurefireCRM, the Client for Life Workflow helps lenders protect market share by creating over 100 distinct opportunities to stay connected with borrowers over a five-year period.

Certain Lending Launches Major Survey of Real Estate Investors

SAN FRANCISCO, Calif., May 4, 2020 (SEND2PRESS NEWSWIRE) — Certain Lending released a national survey of real estate investors. A majority of real estate investors expect COVID-19 will cause home prices to decline up to 20%. The survey of 569 real estate investors across the U.S., conducted between April 20 and 24, is the first of its kind.

IDS Expands eClosing Platform to Include eNotes, Rebrands as Solitude Solution

SALT LAKE CITY, Utah, May 4, 2020 (SEND2PRESS NEWSWIRE) — Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it has expanded the capabilities of its eClose platform to include eNotes. Recently branded as Solitude Solution, the platform’s eClosing capabilities allow lenders and borrowers to execute loans digitally.

ARMCO Launches ACES Consumer™ Quality Management Platform for Financial Institutions

DENVER, Colo., April 22, 2020 (SEND2PRESS NEWSWIRE) — ACES Risk Management (ARMCO), the leading provider of enterprise quality management and control software for the lending industry, announced the official release of ACES Consumer, the next iteration of its ACES Audit Technology platform designed specifically for financial institutions.

FormFree and Ocrolus Partner for Comprehensive Borrower Income Verification Program

ATHENS, Ga., April 21, 2020 (SEND2PRESS NEWSWIRE) — FormFree today announced a partnership with Ocrolus, a leading fintech infrastructure company that transforms documents into actionable data with over 99% accuracy. (*UPDATED*)