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.


Anow Enterprise lets lenders and appraisal firms tap into the industry’s first peer-to-peer appraiser network

RED DEER, Alberta, July 17, 2019 (SEND2PRESS NEWSWIRE) — Anow, developer of appraisal firm management software that simplifies the way real estate appraisers manage their businesses, today announced the release of Anow Enterprise, a cloud software suite that connects individual appraisal companies to form service networks that can efficiently provide localized service at scale.

Level One Bank Enlists CompenSafe to Automate Incentive Compensation After Doubling Its Mortgage Division

MACON, Ga., July 16, 2019 (SEND2PRESS NEWSWIRE) — LBA Ware, provider of the leading automated incentive compensation and sales performance management platform for mortgage lenders, announced today that Level One Bank (NASDAQ: LEVL) has chosen CompenSafe to automate incentive compensation for mortgage loan originators and support staff across the community bank’s mortgage loan center and branch locations

NRL Mortgage Now Offering FormFree’s AccountChek Automated Asset Verification to Borrowers Nationwide

ATLANTA, Ga., July 16, 2019 (SEND2PRESS NEWSWIRE) — FormFree today announced that loan originators and support staff at NRL Mortgage are now offering AccountChek automated asset verification to loan applicants nationwide. AccountChek gives borrowers a convenient and secure way to verify their assets without having to print, scan or fax bank statements.

OpenClose and Vice Capital Markets Integrate for Enhanced Hedging Automation

WEST PALM BEACH, Fla., July 11, 2019 (SEND2PRESS NEWSWIRE) — OpenClose, an industry-leading multi-channel loan origination system (LOS) and digital mortgage fintech provider, announced the completion of an integration with Vice Capital Markets Inc., an established mortgage hedge advisory firm. Focused on maximizing hedging efficiencies, the new interface reduces the time to prepare and deliver loan data.

FormFree Partners with FundingShield to Deliver Enhanced Wire Fraud Protection to FormFree’s Network of More than 1,000 Mortgage Lenders

ATLANTA, Ga., July 11, 2019 (SEND2PRESS NEWSWIRE) — FormFree(R) today announced that it has entered into a strategic alliance with FundingShield, a fintech firm that safeguards homebuyers, mortgage lenders and title insurance underwriters from wire fraud.

Total Expert and ReverseVision Team Up to Transform the Reverse Mortgage Customer Journey

SAN DIEGO, Calif., July 10, 2019 (SEND2PRESS NEWSWIRE) — ReverseVision, the leading provider of technology and training for the reverse mortgage industry, today announced a partnership with Total Expert, creator of the first marketing operation system (MOS) specifically for banks and mortgage lenders. The two companies have deployed an API integration that links the Total Expert MOS with ReverseVision’s RV Exchange (RVX).

Mace Innovations Hires Chris Giles as Director of Business Development

SALT LAKE CITY, Utah, July 8, 2019 (SEND2PRESS NEWSWIRE) — Mace Innovations announced today that it has brought in Chris Giles as Director of Business Development. Mace Innovations’ suite of automation products allows companies to streamline time consuming tasks like data input and document delivery, freeing up employees to get more done.

CPROP Partners with The Mortgage Collaborative as Its Exclusive Blockchain Vendor

COVINGTON, Ky., July 1, 2019 (SEND2PRESS NEWSWIRE) — CryptoProperties LLC (CPROP) is pleased to announce it has signed an agreement with The Mortgage Collaborative (TMC) to join its Preferred Partner Network as TMC’s exclusive provider of blockchain-enabled products and services.

SimpleNexus Bolsters Senior Leadership Team to Support Expanding Roster of Mortgage Lender Clients

LEHI, Utah, June 28, 2019 (SEND2PRESS NEWSWIRE) — SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced that it has bolstered its senior leadership team with the appointments of three vice presidents to support the company’s rapidly expanding roster of mortgage lender clients.

Mann Mortgage Revamps Loan Originator (LO) Compensation Structure, Gains Cost-Efficiency and Flexibility with LBA Ware’s CompenSafe

MACON, Ga., June 28, 2019 (SEND2PRESS NEWSWIRE) — LBA Ware(TM), provider of the leading automated incentive compensation and sales performance management platform for mortgage lenders, announced today that Mann Mortgage has successfully overhauled its incentive compensation plan structure and management with CompenSafe.

NotaryCam Anticipates 2019 Banner Year, Citing Growing Adoption of Remote Online Notary, Remote Online Closing

NEWPORT BEACH, Calif., June 26, 2019 (SEND2PRESS NEWSWIRE) — NotaryCam, creator of remote online notarization (RON), acknowledged leader in online notarization and original provider of patented mortgage eClosing solutions, today announced it is extending its 2018 record growth to another unprecedented performance in 2019.

DocMagic and LendingPad Integrate for Easy, Compliant Document Preparation and eSigning

TORRANCE, Calif., June 26, 2019 (SEND2PRESS NEWSWIRE) — DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that it has completed an integration with cloud-based loan origination system (LOS) provider LendingPad from WEI Technology LLC, offering its document preparation services directly from within the LendingPad environment.

Homebot Aims to Improve Prequal-to-App Pull Through with Buyer Enhancements to Its Customer Engagement Platform

DENVER, Colo., June 13, 2019 (SEND2PRESS NEWSWIRE) — Homebot, a customer engagement platform that delivers financial scenarios to help homeowners build wealth, today announced major enhancements to the homebuying side of its platform. The latest release inserts lenders into the market search process by integrating prompts for buyers to obtain a prequal or preapproval, lock a rate, and inquire about down payment with a single click.

Texan Title Taps SafeWire by SafeChain to Provide Protection Against Wire Fraud

COLUMBUS, Ohio, June 13, 2019 (SEND2PRESS NEWSWIRE) — SafeChain, the industry leader in wire fraud prevention software and blockchain implementation for land title, announced today that Texan Title has chosen SafeWire(TM) to defend its clients’ wire transactions against fraud. The blockchain-backed platform will be deployed across Texan Title’s family of title companies located across Texas.

Hometown Lenders Adopts ReverseVision Loan Origination Technology to Launch HECM and Reverse Lending Channel

SAN DIEGO, Calif., June 13, 2019 (SEND2PRESS NEWSWIRE) — ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced that Hometown Lenders has implemented ReverseVision’s HECM and proprietary reverse loan origination technology to support the launch of the independent mortgage bank’s HECM lending channel.

Fidelity National Financial Adds NotaryCam Remote Notarization Service to Online Closing Options

NEWPORT BEACH, Calif., June 11, 2019 (SEND2PRESS NEWSWIRE) — NotaryCam, the pioneering leader in online notarization and the original provider of mortgage eClosing solutions, today announced that Fidelity National Financial (FNF), will allow the use of NotaryCam to deliver remote online notarization (RON) and remote online closing (ROC) capabilities to FNF’s network of direct title and settlement operations, as well as its network of independent title agents.

Showbiz Shows a Better Way to Pay: Insurance Industry Alert Issued by EraNova Institute

LOS ANGELES, Calif. and MOUNTAIN LAKES, N.J., May 29, 2019 (SEND2PRESS NEWSWIRE) — Today the EraNova Institute issues a business alert: “Showbiz shows a better way to pay.” EraNova’s Director and author of the report, Dick Samson, says, “For non-employees in entertainment and insurance, getting the money due you has often been a chore. Now, for the likes of Tom Hanks and Lady Gaga, it’s more of a breeze; and soon may be for everyone involved in insurance.”

SimpleNexus Takes Home Silver Telly Award for Campaign Encouraging Mortgage Originators to ‘Do More’

LEHI, Utah, May 23, 2019 (SEND2PRESS NEWSWIRE) — SimpleNexus, the industry’s leading digital mortgage platform, has been named a silver winner of the 40th annual Telly Awards. Founded in 1979, the Telly Awards honor video and television made for all screens and are judged by The Telly Award Judging Council.

Blue Ridge Bank, N.A. Partners with ReverseVision to Launch HECM and Reverse Lending Division

SAN DIEGO, Calif., May 20, 2019 (SEND2PRESS NEWSWIRE) — ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced that it has partnered with North Carolina-based Blue Ridge Bank, N.A. Mortgage Division (Blue Ridge Bank).

MCT Officially Launches Trade Auction Manager to Enable Electronic TBA MBS Trading

SAN DIEGO, Calif., May 16, 2019 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that it has officially launched Trade Auction Manager(TM) (TAM) to enable more efficient bidding of TBA mortgage-backed securities used by lenders to hedge their open mortgage pipelines. The browser-based software module is accessible via MCTlive!, the company’s award-winning comprehensive capital markets platform.

FirstBank Mortgage Reduces Loan Originator Compensation Processing Time by 75 percent with CompenSafe

MACON, Ga., May 16, 2019 (SEND2PRESS NEWSWIRE) — LBA Ware(TM), provider of the leading automated incentive compensation and sales performance management platform for mortgage lenders, announced today that FirstBank Mortgage has optimized the execution of its incentive compensation with CompenSafe(TM). By replacing spreadsheets with CompenSafe, FirstBank Mortgage has reduced the time it takes to calculate loan compensation by 75 percent

Simplifile Adds 38 Eastern US Jurisdictions to E-recording Network

PROVO, Utah, May 16, 2019 (SEND2PRESS NEWSWIRE) — Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents and counties, today announced that 38 additional recording jurisdictions located in 12 states throughout the Mid-Atlantic, Northeast and Southeast U.S. have joined Simplifile’s e-recording network.

ReverseVision Launches Interactive Tool to Help Originators and Consumers Compare HECM Loans with HELOCs, First- and Second-Lien Mortgages

SAN DIEGO, Calif., May 15, 2019 (SEND2PRESS NEWSWIRE) — ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) and senior lending industry, today announced the release of the Comparison Calculator within RV Sales Accelerator (RVSA).

IDS Announces Conversion to ZenDesk to Improve Mortgage Doc Prep Customer Service

SALT LAKE CITY, Utah, May 7, 2019 (SEND2PRESS NEWSWIRE) — Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it has converted its customer service platform to ZenDesk. The move is designed to better serve IDS customers and help the firm maintain its commitment to responding to all customer inquiries and requests effectively and efficiently.

TRK Connection Integrates with Veri-Tax to Expand Collection of Income Verification Providers Available in Insight RDM

SALT LAKE CITY, Utah, May 3, 2019 (SEND2PRESS NEWSWIRE) — TRK Connection (TRK), a leading provider of mortgage quality control (QC) and origination management solutions, announced today that it has added 4506-T Income Verification from Veri-Tax, a trusted leader in verification solutions, to its flagship QC audit platform Insight Risk & Defect Management (RDM).

Idaho Now E-recording Statewide with Simplifile

PROVO, Utah, May 2, 2019 (SEND2PRESS NEWSWIRE) — Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents and counties, today announced that Nez Perce and Shoshone counties, Idaho, have adopted its e-recording service. Idaho is now the 11th state to implement e-recording statewide using Simplifile.

ARMCO Bolsters C-Suite by Hiring Kyle Kehoe as Chief Revenue Officer

POMPANO BEACH, Fla., May 1, 2019 (SEND2PRESS NEWSWIRE) — ACES Risk Management (ARMCO), the leading provider of enterprise financial risk mitigation solutions, has announced that it has hired Kyle Kehoe as chief revenue officer.

PitBullTax Software Once Again Dominates Tax Resolution with its Release of Version 5.0

CORAL SPRINGS, Fla., May 1, 2019 (SEND2PRESS NEWSWIRE) — PitBullTax Software is excited to announce the release of its most robust and streamlined cloud based software platform to date. PitBullTax, the country’s leading IRS Tax Resolution Software for CPAs, EAs and Tax Attorneys will be unveiling all the cutting edge major enhancements of Version 5.0 to licensees from all over the United States at its PitBullTax Institute User Conference today through May 3 in Fort Lauderdale, Florida.

Mortgage Capital Trading Bolsters Executive Management Team with Addition of Leslie Winick as Chief Strategy Officer

SAN DIEGO, Calif., April 30, 2019 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that Leslie Winick has joined the company as Chief Strategy Officer (CSO). In this newly created position, Ms. Winick will play an integral role in helping MCT hone its strategic direction, further increase market share, manage rapid growth, and delight clients.

OpenClose Bolsters Sales Team with Addition of Mortgage Software Veteran Tom Buenz

WEST PALM BEACH, Fla., April 30, 2019 (SEND2PRESS NEWSWIRE) — OpenClose, an industry-leading multi-channel loan origination system (LOS) and digital mortgage fintech provider, announced that Tom Buenz has joined the company in the position of vice president, enterprise sales. In this role, Mr. Buenz will help satisfy an increasing demand for OpenClose’s LOS, digital mortgage point-of-sale (POS) solution and ancillary software products.

FormFree Files Patent Application for Employer Data Extraction and Verification Tech

ATLANTA, Ga., April 26, 2019 (SEND2PRESS NEWSWIRE) — FormFree today announced the filing of a patent application titled ‘Method and System for Employer Verification,’ which describes the company’s proprietary method and system for verifying the employment and income history of loan applicants.

Michigan-Based Liberty Title Deploys SafeWire to Protect Against Wire Fraud

COLUMBUS, Ohio, April 25, 2019 (SEND2PRESS NEWSWIRE) — SafeChain, the industry leader in wire fraud prevention software and blockchain implementation for land title, announced today that Liberty Title, the fourth largest independent title company in Michigan, has selected SafeWire to safeguard wiring instructions as part of the firm’s “Umbrella by Liberty Title” program.

SafeChain Announces Founding Title Partners in Blockchain Network

COLUMBUS, Ohio, April 22, 2019 (SEND2PRESS NEWSWIRE) — SafeChain, in partnership with 9 independent title agents in Ohio, has launched a blockchain-backed network that enables peer-to-peer transfers of prior title insurance policies to streamline the title search process and drive down costs for member agencies.

LBA Ware to Exhibit in Innovation Alley at Second Annual FinTech South Conference

MACON, Ga., April 17, 2019 (SEND2PRESS NEWSWIRE) — LBA Ware, provider of the leading automated incentive compensation and sales performance management platform for mortgage lenders, today announced that it will be an exhibiting company in Innovation Alley at FinTech South 2019, the Southeast’s largest event dedicated to financial innovation.

SafeChain Partners with Adeptive to Provide Fraud-Free Closings for ResWare Customers

COLUMBUS, Ohio, April 16, 2019 (SEND2PRESS NEWSWIRE) — SafeChain, an industry leader in wire fraud prevention software and blockchain applications for land title, announced today that Adeptive Software has integrated SafeWire into ResWare, Adeptive’s powerful title and escrow production software.

Mid America Mortgage Hires Kerry Webb as Director of Business Development

ADDISON, Texas, April 11, 2019 (SEND2PRESS NEWSWIRE) — Mid America Mortgage, Inc. announced today that it has hired Kerry Webb as Executive Managing Director of Business Development. In this role, Webb will be responsible for recruiting, managing and motivating teams of mortgage professionals to meet and exceed productions goals that align with the overall company’s strategic volume growth and profitability goals.

DocMagic Earns a Spot on the HW TECH100 For the Sixth Straight Year

TORRANCE, Calif., March 29, 2019 (SEND2PRESS NEWSWIRE) — DocMagic, Inc., the premier provider of dynamic loan document preparation, automated regulatory compliance and comprehensive eMortgage solutions, announced that HousingWire has honored the company with the HW TECH100(tm) award for the sixth year in a row.

FormFree Joins Financial Data Exchange (FDX)

ATHENS, Ga., March 26, 2019 (SEND2PRESS NEWSWIRE) — FormFree announced today that it has joined the Financial Data Exchange (FDX), a non-profit group that promotes information sharing and security standards for the financial sector. A leading provider of digital asset, income and employment verification, FormFree brings over a decade of experience in protecting the safety and integrity of sensitive consumer data.

LBA Ware Founder and CEO Lori Brewer Selected as 2019 Tech All-Star by Mortgage Bankers Association

MACON, Ga., March 25, 2019 (SEND2PRESS NEWSWIRE) — LBA Ware(TM), provider of the leading automated compensation and sales performance management platform for mortgage lenders, today announced that company Founder and CEO Lori Brewer has been named a winner of the 2019 MBA Insights Tech All-Star award. Brewer accepted her award today during the opening session of the Mortgage Bankers Association’s Technology Solutions Conference & Expo 2019 in Dallas.

Global DMS Launches SnapVal to Provide Instant, Accurate, Guaranteed Appraisal Pricing Early on in the Origination Process

DALLAS, Texas, March 25, 2019 (SEND2PRESS NEWSWIRE) — MBA’s Technology Solutions Conference & Expo — Global DMS, a leading provider of cloud-based valuation management software, today announced the official rollout of SnapVal(TM), an automated solution that utilizes the property address to return a guaranteed price on any residential appraisal in the U.S.