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.


SimpleNexus Selects Mortgage Technology Expert Tracy Farber as Director of Solution Engineering

LEHI, Utah, Oct. 21, 2020 (SEND2PRESS NEWSWIRE) — SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers, real estate agents and settlement agents, has recruited Tracy Farber as its director of solution engineering.

Community Development Bankers Association Endorses Promontory MortgagePath’s Mortgage Fulfillment Services, POS Technology

DANBURY, Conn., Oct. 21, 2020 (SEND2PRESS NEWSWIRE) — Promontory MortgagePath LLC, a leading provider of comprehensive digital mortgage fulfillment services, announced today that the Community Development Bankers Association (CDBA) has officially endorsed its mortgage fulfillment services and proprietary point-of-sale technology Borrower Wallet.

FormFree Receives US Patent for Its Ground-Breaking Approach to Credit Decisioning

ATHENS, Ga., Oct. 13, 2020 (SEND2PRESS NEWSWIRE) — FormFree has been granted Patent Number 10,769,723 for its proprietary ‘Systems and Methods for Electronic Account Certification and Enhanced Credit Reporting’ by the United States Patent and Trademark Office.

MCT’s Business Intelligence Platform Gives Lenders Competitive Advantage with Actionable Insights and Data

SAN DIEGO, Calif., Sept. 9, 2020 (SEND2PRESS NEWSWIRE) — MCT announced the upcoming launch of their Business Intelligence Platform, a powerful web-based analytics platform designed to empower lenders to understand the market, optimize their loan sales, and improve performance relative to their peers. The platform will be officially released and demonstrated during an MCT client webinar on October 15, 2020 at 11 a.m. PT/PDT.

Promontory MortgagePath Hires Theresa Sloan as Managing Director, National Mortgage Operations

DANBURY, Conn., Oct. 8, 2020 (SEND2PRESS NEWSWIRE) — Promontory MortgagePath LLC, a leading provider of comprehensive digital mortgage origination and tech-driven fulfillment solutions, announced today it has hired industry veteran Theresa Sloan as Managing Director, National Mortgage Operations.

SimpleNexus Extends Ellie Mae Integration with Hybrid eClosings for Mortgage Lenders and Borrowers

LEHI, Utah, Oct. 7, 2020 (SEND2PRESS NEWSWIRE) — SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers, real estate agents and settlement agents, today announced the availability of its recently launched hybrid eClosing feature on the Ellie Mae Digital Lending Platform.

VIP Mortgage Implements Surefire Power Messaging by Top of Mind, Generates Hundreds of Extra Deals in Q2 2020

ATLANTA, Ga., Oct. 7, 2020 (SEND2PRESS NEWSWIRE) — Arizona-based independent mortgage lender VIP Mortgage reported that it has generated hundreds of extra deals in Q2 of 2020 with the help of Surefire Power Messaging from Top of Mind Networks (Top of Mind), a leader in customer relationship management (CRM) and marketing automation software for the mortgage lending industry.

FormFree Enhances Encompass Consumer Connect® Integration with Auto-Population of Borrower Data into 1003 Loan Application

ATHENS, Ga., Oct. 6, 2020 (SEND2PRESS NEWSWIRE) — FormFree today announced enhancements to the integration between its AccountChek verification service and Encompass Consumer Connect. Now, borrower data collected by AccountChek in Consumer Connect will automatically map to the Form 1003 (the Universal Residential Loan Application) in the Ellie Mae Digital Lending Platform, saving lenders time and relieving them of the frustration and risk associated with manual data entry.

MCT’s Leslie Winick wins HousingWire Vanguard Award 2020

SAN DIEGO, Calif., Oct. 5, 2020 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading, Inc. (MCT), an industry-leading mortgage hedge advisory firm and developer of MCTlive!(R), announced that its Chief Strategy Officer, Leslie Winick, has been designated to HousingWire’s Vanguard Award list for 2020.

FormFree CTO Brian Francis Listed Among Top Mortgage Executives as a 2020 HousingWire Vanguard Honoree

ATHENS, Ga., Oct. 2, 2020 (SEND2PRESS NEWSWIRE) — FormFree today announced Chief Technology Officer Brian Francis has been named a 2020 HW Vanguard award winner, an honor given to 50 top executives leading the housing and mortgage finance industries. HW Vanguard honorees are chosen by HousingWire’s editorial board based on their accomplishments in the last 12 months for their companies and the industry sector they represent.

SimpleNexus Team Members enables mortgage lenders to fine-tune digital mortgage workflows, file permissions at the user level

LEHI, Utah, Oct. 1, 2020 (SEND2PRESS NEWSWIRE) — SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers, real estate agents and settlement agents, today announced the release of SimpleNexus Team Members, a feature that allows lenders to work more efficiently by managing loan file permissions and employee workflows based on assigned user roles.

LBA Ware Signs RWM Home Loans as 100th Mortgage Lender Client Amid Continued Growth

MACON, Ga., Oct. 1, 2020 (SEND2PRESS NEWSWIRE) — LBA Ware, a leading provider of incentive compensation management (ICM) and business intelligence (BI) software solutions for the mortgage industry, today welcomed its 100th CompenSafe client, RWM Home Loans. The San Diego-based independent mortgage bank is rolling out the mortgage-industry-specific platform to manage incentive compensation for its 100 loan originators (LO) and other recipients of variable compensation.

ACES Sees Surge in New Clients Through Q3 2020

DENVER, Colo., Oct. 1, 2020 (SEND2PRESS NEWSWIRE) — ACES Quality Management (ACES), formerly known as ARMCO and the leading provider of enterprise quality management and control software for the financial services industry, announced today that it has experienced substantial client growth in 2020, increasing its number of new clients by 15%.

Top of Mind’s Surefire CRM Among Top Finishers in 2020 Digital Mortgage Demo Competition

ATLANTA, Ga., Sept. 30, 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, was named second runner up in the demo competition at Arizent’s 2020 Digital Mortgage conference, held September 14-17.

DocMagic and VirPack Announce Integration of Platforms

TORRANCE, Calif., Sept. 29, 2020 (SEND2PRESS NEWSWIRE) — DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that that it has integrated its eSign platform with VirPack to facilitate the seamless exchange of loan files and docs for compliant eSigning through DocMagic’s eSign platform.

VirPack and Mortgage Builder Announce Integration Built to Streamline the Digital Mortgage Process

MCLEAN, Va., Sept. 24, 2020 (SEND2PRESS NEWSWIRE) — VirPack is pleased to announce a new partnership with Mortgage Builder, a Constellation Mortgage Solution Company and full loan lifecycle solution. This new integration will provide Mortgage Builder customers advanced workflow and document management capabilities.

Promontory MortgagePath Launches End-to-End Mortgage Origination, Fulfillment Platform for Community Financial Institutions

DANBURY, Conn., Sept. 22, 2020 (SEND2PRESS NEWSWIRE) — Promontory MortgagePath LLC, a leading provider of comprehensive digital mortgage origination and tech-driven fulfillment solutions, announced today it has launched Transform, a new service delivery model bundling licensed loan coordinators, point-of-sale (POS) technology and fulfillment services to offer a complete mortgage operations platform from application to close.

The Future of Appraisal Form Filling Has Arrived with Nexus Level Forms

RED DEER, Alberta, Sept. 21, 2020 (SEND2PRESS NEWSWIRE) — Anow is excited to announce the launch of Nexus, a simple, but sophisticated cloud-based form filler that’s designed to help licensed real estate appraisers collectively work on appraisals in a live, multi-collaborative nature.

ACES Quality Management Q1 2020 Mortgage QC Trends Report: EPDs Rising, Critical Defect Rate Hits Three-Year Low

DENVER, Colo., Sept. 17, 2020 (SEND2PRESS NEWSWIRE) — ACES Quality Management (ACES), formerly known as ARMCO and the leading provider of enterprise quality management and control software for the financial services industry, announced the release of the quarterly ACES Mortgage QC Trends Report.

PayneWest Insurance, a Top 100 National Insurance Brokerage, selects TrustLayer Compliance and Certificate Management Software to leverage next generation technology in their leading Compliance Service Practice

SAN FRANCISCO, Calif., Sept, 15, 2020 (SEND2PRESS NEWSWIRE) — PayneWest Insurance, a leading insurance brokerage in the Pacific Northwest, today announced partnering with TrustLayer, Inc., the next generation solution for compliance tracking. PayneWest will leverage TrustLayer to expand value added services within their many Specialty Practices.

ARMCO Rebrands as ACES Quality Management

DENVER, Colo., Sept. 10, 2020 (SEND2PRESS NEWSWIRE) — ACES Risk Management (ARMCO), the leading provider of enterprise quality management and control software for the financial services industry, announced today the completion of its months-long rebranding effort to align the company’s image with its expanded focus on quality and risk management for banks and credit unions, as well as independent mortgage lenders.

Maxwell adds underwriting and closing services to fulfillment platform

DENVER, Colo., Sept. 10, 2020 (SEND2PRESS NEWSWIRE) — Digital mortgage platform Maxwell today announced it has added underwriting and closing services to the Maxwell Fulfillment Platform, enhancing the company’s comprehensive suite of technology and outsourced services for small and midsize lenders.

ReverseVision VP Wendy Peel Selected for a Most Powerful Women in Fintech Award by PROGRESS in Lending Association

SAN DIEGO, Calif., Sept. 9, 2020 (SEND2PRESS NEWSWIRE) — ReverseVision, the leading technology provider for the Home Equity Conversion Mortgage (HECM) and private reverse lending program market, today announced that company Vice President of Sales and Marketing Wendy Peel has been recognized as a Most Powerful Women in Fintech award honoree by PROGRESS in Lending Association.

NotaryCam CEO Rick Triola Receives 2020 October Research Innovation Award for Driving Title Industry RON Adoption

NEWPORT BEACH, Calif., Sept. 8, 2020 (SEND2PRESS NEWSWIRE) — NotaryCam, the pioneering leader in online notarization and original provider of mortgage eClosing solutions, announced that its founder and CEO Rick Triola has received the 2020 October Research Award for Innovation for his innovations in and driving adoption of remote online notarization (RON) in the lending and title/settlement services industries.

FormFree Promotes Cindy Snow to Chief Operating Officer (COO)

ATHENS, Ga., Sept. 3, 2020 (SEND2PRESS NEWSWIRE) — FormFree has promoted Cindy Snow to the position of Chief Operating Officer (COO). In her role as COO, Snow will craft efficient systems that elevate FormFree’s performance while directly overseeing business operations, product management, business intelligence, integrations and customer support.

Bryan Traeger, Head of Customer Success at Maxwell, Announced as a 2020 HousingWire Insider

DENVER, Colo., Sept 3, 2020 (SEND2PRESS NEWSWIRE) — We are proud to announce that Bryan Traeger, Head of Customer Success at digital mortgage provider Maxwell, has been announced as a winner of the 2020 HousingWire Insider Award.

HousingWire Lists FormFree’s Cindy Snow Among its 2020 HW Insiders

ATHENS, Ga., Sept. 1, 2020 (SEND2PRESS NEWSWIRE) — FormFree today announced the inclusion of Director of Product Cindy Snow in HousingWire’s list of 2020 HW Insiders. Now in its fifth year, the annual awards program recognizes 50 housing industry professionals making critical contributions to their companies’ success.

Digital Currency was in Computer Industry for 20+ years

NEWPORT BEACH, Calif., Aug. 31, 2020 (SEND2PRESS NEWSWIRE) — CMTLabs, Inc. (Currency Method Tokenizing Labs) released information today revealing a digital currency was successfully in use “under the radar screen” within the computer industry for over 20 years.

ReverseVision Taps Credit Union Veteran Justin Burns as VP Operations, Invests in Platform Enhancements with Hire of Two Senior Software Engineers

SAN DIEGO, Calif., Aug. 26, 2020 (SEND2PRESS NEWSWIRE) — ReverseVision, the leading Home Equity Conversion Mortgage (HECM) and private reverse lending platform, today announced the hire of credit union veteran Justin Burns as VP operations, and Senior Software Engineers Aron Weiler and Alan Gutierrez.

CardTapp and Top of Mind Enhance Integration with Time-Saving App Sharing and Contact Tagging Features

ATLANTA, Ga., Aug. 25, 2020 (SEND2PRESS NEWSWIRE) — Virtual client engagement platform, CardTapp, has enhanced its integration with Top of Mind Networks (Top of Mind) by adding new app-sharing and contact-tagging features that help mortgage loan originators work more efficiently.

Blue Sage and FormFree Partner to Streamline Lending Process with AccountChek Automated Asset Verification Integration

ATHENS, Ga., Aug. 25, 2020 (SEND2PRESS NEWSWIRE) — FormFree today announced the availability of its AccountChek automated asset verification service within Blue Sage’s cloud-based digital mortgage lending platform. The integration makes it possible for borrowers to verify assets with AccountChek through the Blue Sage Borrower Portal.

SimpleNexus and MobilityRE Enhance Mobile Integration with Push Notifications, More Powerful Home Search Features

LEHI, Utah, Aug. 24, 2020 (SEND2PRESS NEWSWIRE) — SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers, real estate agents and settlement agents, has enhanced its integration with MobilityRE with new features that improve the home search experience for borrowers and enable lenders and Realtors to respond more swiftly to borrower requests.

Independent, Third-Party Analysis Shows SimpleNexus Digital Mortgage Platform Delivers 9X ROI

LEHI, Utah, Aug. 19, 2020 (SEND2PRESS NEWSWIRE) — SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers, real estate agents and settlement agents, today released key findings from an independent, third-party analysis quantifying mortgage lenders’ monetary return on investment (ROI) in SimpleNexus.

LBA Ware Recruits Fintech Data Expert Matt Semrad to Build Predictive Analytics for LimeGear BI Platform

MACON, Ga., Aug. 18, 2020 (SEND2PRESS NEWSWIRE) — LBA Ware, a leading provider of incentive compensation management (ICM) and business intelligence (BI) software solutions for the mortgage industry, has hired veteran fintech executive and data analytics expert Matt Semrad to enhance its BI platform LimeGear with predictive loan production analytics and machine learning.

Promontory MortgagePath Adds New Sales Executives to Capitalize on Interest in Its Mortgage Fulfillment, Fintech Offerings

DANBURY, Conn., Aug. 18, 2020 (SEND2PRESS NEWSWIRE) — Promontory MortgagePath LLC, a leading provider of comprehensive digital mortgage origination and tech-driven fulfillment solutions, announced today that it has hired Jordan Higgins and Kim Joyce as regional vice presidents in the company’s sales division. The new hires are the latest result of Promontory MortgagePath’s accelerated recruitment efforts.

SimpleNexus Makes the Inc. 5000 List of America’s Fastest-Growing Companies for 3rd Year Running

LEHI, Utah, Aug. 13, 2020 (SEND2PRESS NEWSWIRE) — SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, announced it has clinched a spot on the 2020 Inc. 5000. This marks the third consecutive year SimpleNexus has appeared on the Inc. 5000 list.

LBA Ware Climbs Over 1,000 Spots to Clinch Inc. 5000 for Second Consecutive Year

MACON, Ga., Aug. 13, 2020 (SEND2PRESS NEWSWIRE) — LBA Ware, a leading provider of incentive compensation management (ICM) and business intelligence (BI) software solutions for the mortgage industry, announced it has ranked number 2,173 on Inc. magazine’s annual Inc. 5000 list, a ranking of the nation’s fastest growing companies.

7 Mortgage Implements OpenClose’s LOS & POS to Support Its Network of Credit Union Members

KNOXVILLE, Tenn., Aug. 12, 2020 (SEND2PRESS NEWSWIRE) — 7 Mortgage, a credit union service organization (CUSO), announced that it went live with OpenClose’s end-to-end loan origination system (LOS) allowing its partner credit unions to leverage the mortgage industry’s leading technology. The OpenClose solution allows 7’s CUSO members to efficiently and effectively complete mortgage loans – from start to finish – via a centralized platform rated #1 by multiple independent studies.

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.