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.


HousingWire recognizes Sales Boomerang’s Mike Spotten for innovations in mortgage technology

WASHINGTON, D.C., Dec. 1, 2021 (SEND2PRESS NEWSWIRE) — Sales Boomerang, the mortgage industry’s top-rated automated borrower intelligence and retention system, today announced that Mike Spotten, vice president of product, was named a 2021 HW Tech Trendsetter by HousingWire Magazine. Now in its third year, the HW Tech Trendsetters award program highlights the leading players in the housing economy who drive innovation with advanced digital products and services.

Sales Boomerang named 49th fastest-growing company in North America on the 2021 Deloitte Technology Fast 500

WASHINGTON, D.C., Nov. 18, 2021 (SEND2PRESS NEWSWIRE) — Sales Boomerang today announced it ranked 49 on the Deloitte Technology Fast 500™, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, fintech and energy tech companies in North America, now in its 27th year. Sales Boomerang grew 3,882% during this period.

Mortgage Coach integration with First American Title empowers consumers with greater insight into title fees during the loan selection process

IRVINE, Calif., Nov. 18, 2021 (SEND2PRESS NEWSWIRE) — Mortgage Coach, a borrower conversion platform empowering mortgage lenders to educate borrowers with interactive presentations that model home loan performance over time, today announced its integration with First American Title Insurance Company, a leading provider of title insurance and settlement services and the largest subsidiary of First American Financial Corporation (NYSE: FAF).

2021 Deloitte Technology Fast 500™ Ranks FormFree 379th Fastest-Growing Company in North America

ATHENS, Ga., Nov. 17, 2021 (SEND2PRESS NEWSWIRE) — FormFree today announced it ranked 379 on the Deloitte Technology Fast 500, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, fintech and energy tech companies in North America, now in its 27th year.

ReverseVision Adds Two New Hires to Support Expansion of Functional Areas and Corporate Infrastructure

SAN DIEGO, Calif., Nov. 16, 2021 (SEND2PRESS NEWSWIRE) — ReverseVision, the leading national provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, announced that it added Eric Samuelson as vice president of finance and Andres Ochoa as systems administrator. The two positions will play key roles in optimizing internal functions and prepping the company to scale.

Nomis Solutions Announces Strategic Collaboration with J.D. Power to Deliver Enhanced Automotive Finance Pricing Strategies to Financial Institutions

SAN FRANCISCO, Calif., Nov. 11, 2021 (SEND2PRESS NEWSWIRE) — Nomis Solutions (Nomis), a global, industry-leading pricing and profitability management solutions provider, announced it has formed a strategic collaboration with J.D. Power, a global leader in data analytics and consumer intelligence, to deliver enhanced automotive financing price optimization to financial institutions throughout the United States and Canada.

ReverseVision Appoints Industry Veteran Bill Mitchell Chief Revenue Officer

SAN DIEGO, Calif., Nov. 9, 2021 (SEND2PRESS NEWSWIRE) — ReverseVision, the leading national provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, announced that it has hired Bill Mitchell as chief revenue officer (CRO).

SimpleNexus helps lenders better serve Spanish-speaking borrowers with launch of Nexus Bilingual

LEHI, Utah, Nov. 8, 2021 (SEND2PRESS NEWSWIRE) — SimpleNexus, developer of the leading homeownership platform for loan officers, borrowers, real estate agents and settlement agents, today announced the release of Nexus Bilingual(tm), a new feature that makes the loan process more accessible to prospective homebuyers who prefer to communicate in Spanish by gathering initial loan information in Spanish.

Fintech provider Promontory MortgagePath’s digital mortgage and fulfillment solutions receive renewed ABA endorsement

DANBURY, Conn., Nov. 4, 2021 (SEND2PRESS NEWSWIRE) — Leading digital mortgage and fulfillment solutions provider Promontory MortgagePath LLC announced the renewal of its product endorsement by the American Bankers Association (ABA). Promontory MortgagePath combines extensive mortgage operations and compliance expertise with industry-leading mortgage technology to provide efficient, cost-effective mortgage processing and fulfillment services to lenders of all sizes.

TMC Emerging Technology Fund LP to Host TMC Mortgage Tech Day

SAN DIEGO, Calif., Nov. 4, 2021 (SEND2PRESS NEWSWIRE) — The Mortgage Collaborative (TMC), the nation’s largest independent cooperative network serving the mortgage industry, announced today that the TMC Emerging Technology Fund LP (the “Fund”) will host TMC Mortgage Tech Day on March 19, 2022, in conjunction with TMC’s Winter Conference at the Fontainebleau Miami Beach.

ACES Quality Management announces ACES ENGAGE, a two-day conference defining the future of quality management and control for the financial services industry

DENVER, Colo., Nov. 3, 2021 (SEND2PRESS NEWSWIRE) — ACES Quality Management (ACES), the leading provider of enterprise quality management and control software for the financial services industry, announced the launch of ACES ENGAGE, a conference designed to bring together the nation’s top financial services quality management professionals to discuss industry trends and best practices.

Mortgage Coach and Sales Boomerang accelerate lead conversion with personalized Total Cost Analysis loan presentations for every managed borrower

IRVINE, Calif., Nov. 2, 2021 (SEND2PRESS NEWSWIRE) — Mortgage Coach, the borrower conversion platform empowering mortgage lenders to deliver clear mortgage advice and lending education with the interactive Total Cost Analysis (TCA) loan comparison, today announced an integration with Sales Boomerang, the mortgage industry’s top-rated automated borrower intelligence and retention system.

FormFree integration with OpenClose enhances lending experience with quick and easy borrower-permissioned data verification

ATHENS, Ga., Nov. 1, 2021 (SEND2PRESS NEWSWIRE) — FormFree® Founder and CEO Brent Chandler today announced the availability of its AccountChek® financial data verification service within OpenClose®, the leading fintech provider of mortgage software solutions for banks, credit unions and mortgage lenders. The integration embeds AccountChek into OpenClose’s ConsumerAssist(tm) Enterprise POS and LenderAssist(tm) LOS, giving borrowers the freedom to electronically permission verification data with ease when applying for a mortgage loan.

Mortgage Coach and HomeBinder partner to engage homeowners in actively managing home financing across the homeownership lifecycle

IRVINE, Calif., Oct. 26, 2021 (SEND2PRESS NEWSWIRE) — Mortgage Coach, the mortgage industry’s leading platform enabling lenders to create digital and accurate home loan options for consumers, today announced an integration with HomeBinder, a centralized home management platform that keeps homeowners connected with mortgage lenders, Realtors and other authorized professionals.

Dawn Taylor, former President of Centricity, has joined After, Inc. as Chief Revenue Officer

NORWALK, Conn., Oct. 25, 2021 (SEND2PRESS NEWSWIRE) — After, Inc., the global leader in Warranty Services since 2005, just announced that Dawn Taylor will be joining the company as Chief Revenue Officer. Dawn brings more than 27 years of warranty and service contract experience, serving as President of Centricity for the last 9 years. Her background and experience will be instrumental in leading the expansion of After, Inc.’s Warranty Services business, and its newly launched QuickSuite Platform.

HomeBinder debuts new features that strengthen the relationship between homeowners, home professionals, mortgage lenders, insurance providers and other authorized partners

BOSTON, Mass., Oct. 18, 2021 (SEND2PRESS NEWSWIRE) — HomeBinder, a centralized home management platform that keeps homeowners connected with mortgage lenders, home inspectors, insurance providers, home pros, real estate agents, and other authorized professionals, today announced the release of new features and user interface (UI) improvements designed to enhance the home management experience.

Global DMS’ EVO® enhances efficiency and mobility with Amazon’s Alexa Voice Command Interface

LANSDALE, Pa., Oct. 18, 2021 (SEND2PRESS NEWSWIRE) — Global DMS, the leading provider of cloud-based real estate appraisal management software, recently announced that its next-generation EVO platform is now voice-enabled, providing lenders access to key functionality and up to the minute information of their entire pipeline with Amazon’s Alexa voice control – making EVO the first and only appraisal management software to provide this capability in the mortgage industry.

FormFree selects Amazon Web Services (AWS) to power consumer financial identity solutions

ATHENS, Ga., Oct. 18, 2021 (SEND2PRESS NEWSWIRE) — FormFree® today announced it has selected Amazon Web Services, Inc. (AWS) to power FormFree’s consumer Financial DNA® solutions for the lender market. FormFree will leverage leading AWS technologies such as Amazon Managed Blockchain to create a scalable Hyperledger Fabric network.

SimpleNexus is acquiring LBA Ware

LEHI, Utah, Oct. 15, 2021 (SEND2PRESS NEWSWIRE) — SimpleNexus, developer of the leading homeownership platform for loan officers, borrowers, real estate agents and settlement agents, today announced its acquisition of Macon, Georgia-based software firm LBA Ware™. The strategic transaction, SimpleNexus’ first, brings together 325 employees in 29 states to serve 425 distinct lender customers and dozens of mortgage technology integration partners.

FormFree applauds new Fannie Mae positive rent payment history enhancement to Desktop Underwriter as major advancement in homeownership access

ATHENS, Ga., Oct. 14, 2021 (SEND2PRESS NEWSWIRE) — FormFree® Founder and CEO Brent Chandler today released a statement commending Fannie Mae’s efforts to remove barriers to homeownership by adding a positive rent payment history feature to Desktop Underwriter® (DU®).

SimpleNexus debuts in-app payments with Nexus Pay at MBA Annual21

LEHI, Utah, Oct. 13, 2021 (SEND2PRESS NEWSWIRE) — SimpleNexus, developer of the leading homeownership platform for loan officers, borrowers, real estate agents and settlement agents, today announced the debut of Nexus Pay at the Mortgage Bankers Association’s Annual Convention and Expo (MBA Annual21) happening October 17-20 at the San Diego Convention Center. (REVISED)

Lender Price Receives Strategic Investment Led by Argentum to Support Rapid Growth

PASADENA, Calif., Oct. 12, 2021 (SEND2PRESS NEWSWIRE) — Lender Price, a leading provider of cloud-based mortgage pricing and digital lending solutions, announced today that it has received a strategic investment led by Argentum with participation from First Analysis and existing investor Costner Lake Investments. The investment will further accelerate Lender Price’s rapid growth by supporting product development, sales & marketing, and customer service capabilities.

MCT Deepens MSR Expertise with Hire of Azad Rafat

SAN DIEGO, Calif., Oct. 8, 2021 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading, Inc. (MCT®), a leading mortgage hedge advisory and secondary marketing software firm, announced today that Azad Rafat has joined the company as the new Senior Director of MSR Services.

Innovative approach to digital home loan experience propels SimpleNexus to market-leading adoption by loan originators and consumers

LEHI, Utah, Oct. 7, 2021 (SEND2PRESS NEWSWIRE) — SimpleNexus, developer of the leading homeownership platform for loan officers, borrowers, real estate agents and settlement agents, today announced new milestones in the company’s bid to “build the future of mortgages.”

DocMagic Unveils eSign 3.0, Enhancing Remote Notary and eClosing Capabilities

TORRANCE, Calif., Oct. 6, 2021 (SEND2PRESS NEWSWIRE) — DocMagic, Inc., the premier provider of fully compliant loan document preparation, automated regulatory compliance, and comprehensive eMortgage services, announced the official launch of its eSign 3.0 platform. The enhancements to the mortgage industry’s preeminent eSigning platform introduce new tools and features designed to enable lenders to easily facilitate remote online notarization (RON) for paperless eClosings.

Agile Launches MBS Pool Bidding

PHILADELPHIA, Pa., Sept. 30, 2021 (SEND2PRESS NEWSWIRE) — Agile, a groundbreaking fintech bringing mortgage lenders and broker dealers on to a single electronic platform, today announced the launch of MBS pool bidding, enabling lenders and dealers to gain much-needed efficiencies and data through technology.

LBA Ware welcomes mortgage compliance expert Lyndal McLaughlin to CompenSafe implementation team

MACON, Ga., Sept. 30, 2021 (SEND2PRESS NEWSWIRE) — LBA Ware, a leading provider of incentive compensation management (ICM) and business intelligence (BI) software solutions for the mortgage industry, today announced that mortgage industry expert Lyndal McLaughlin has joined its team as a software implementation consultant.

SimpleNexus rounds out its Nexus Closing eMortgage solution with DocMagic’s eVault and eNote technologies, enabling fully digital loan closings

LEHI, Utah, Sept. 23, 2021 (SEND2PRESS NEWSWIRE) — SimpleNexus, developer of the leading homeownership platform for loan officers, borrowers, real estate agents and settlement agents, today announced the integration of its Nexus Closing™ eMortgage solution with DocMagic’s eVault and eNote technologies. The integration enables automated generation of an eNote with a tamper-evident seal and delivers the eNote to a secure eVault for delivery to the MERS® eRegistry.

Promontory MortgagePath Promotes Bryan DeShasier to Chief Administrative Officer, Adds Helen Placente as Managing Director of National Credit Operations

DANBURY, Conn., Sept. 23, 2021 (SEND2PRESS NEWSWIRE) — Leading digital mortgage and fulfillment solutions provider Promontory MortgagePath LLC announced two key staffing changes expanding the strength of its executive team. Bryan DeShasier has been promoted to Chief Administrative Officer (CAO), and Helen Placente has been hired as Managing Director of National Credit Operations.

Mortgage Coach introduces integration with LoanSense to help federal student loan holders become homeowners and increase purchase power

CORONA, Calif., Sept. 21, 2021 (SEND2PRESS NEWSWIRE) — Mortgage Coach, the industry’s leading platform enabling mortgage lenders to create digital and accurate home loan options for consumers, today announced its partnership with LoanSense, an online student loan advisor that helps federal student loan holders enroll in affordable repayment and forgiveness plans.

LBA Ware’s LimeGear integrates with Experience.com to turn customer satisfaction scores into actionable business intelligence for mortgage lenders

MACON, Ga., Sept. 21, 2021 (SEND2PRESS NEWSWIRE) — LBA Ware™, a leading provider of incentive compensation management (ICM) and business intelligence (BI) software solutions for the mortgage industry, today announced it has partnered with Experience.com, home of the world’s most impactful Experience Management Platform (XMP), to provide customers with a dynamic way to track customer satisfaction as a key performance indicator (KPI) in LBA Ware’s LimeGear™ BI platform.

New MBS Fintech Agile Revolutionizes Trading with the Launch of RFQ Platform

PHILADELPHIA, Pa., Sept. 9, 2021 (SEND2PRESS NEWSWIRE) — Agile, a new fintech bringing mortgage lenders and broker dealers on to a single electronic platform, has formally announced the launch of its flagship RFQ (request for quote) platform. All MBS market participants can now participate on an electronic platform that expedites the exchange of To-Be-Announced Mortgage-Backed Securities (TBAs).

MCT’s Paul Yarbrough is named to HousingWire’s 2021 Insiders Award List

SAN DIEGO, Calif., Sept. 2, 2021 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading, Inc. (MCT®), an industry-leading mortgage hedge advisory firm, announced that Paul Yarbrough, Director of the Client Success Group, has been named to HousingWire’s 2021 Insider Awards list. The list is designed to honor an organization’s operational all-stars – those insiders who are the company’s best-kept secret, yet vital to its success.

SimpleNexus is certified as eClosing solution provider by Fannie Mae and Freddie Mac

LEHI, Utah, Sept. 2, 2021 (SEND2PRESS NEWSWIRE) — SimpleNexus, developer of the leading homeownership platform for loan officers, borrowers, real estate agents and settlement agents, is now a Fannie Mae- and Freddie Mac-reviewed eClosing solution provider. The designation affirms that SimpleNexus’ Nexus Closing™ eMortgage solution meets both GSEs’ technical requirements for eClosing, eNote and eVault functionality and has been tested for compatibility with the GSEs’ respective eNote delivery systems.

DocMagic Named to Inc. 5000 List of Fastest-Growing Private Companies

TORRANCE, Calif., Aug. 26, 2021 (SEND2PRESS NEWSWIRE) — DocMagic, Inc., the premier provider of fully compliant loan document preparation, automated regulatory compliance, and comprehensive eMortgage services, announced that it has been named to the 2021 Inc. 5000 list, the most prestigious ranking of the fastest-growing private companies in the country.

Blockchain-based, AI-powered mortgage advisor Home Lending Pal raises $2.2M in pre-Series A round led by TMC Emerging Technology Fund LP

SAN DIEGO, Calif., Aug. 26, 2021 (SEND2PRESS NEWSWIRE) — The Mortgage Collaborative (TMC), the nation’s largest independent cooperative network serving the mortgage industry, announced today that the TMC Emerging Technology Fund LP (the “Fund”) recently led a pre-Series A investment round in Home Lending Pal, a technology-enabled marketplace .

Nomis Solutions Introduces Margin Setter Dashboard, Adjusts Mortgage Rate Data Refresh Frequency in Latest Product Update

SAN FRANCISCO, Calif., Aug. 25, 2021 (SEND2PRESS NEWSWIRE) — Nomis Solutions (Nomis), a global, industry-leading pricing and profitability management solutions provider, recently introduced several product enhancements to its mortgage technology solution, further enhancing the market intelligence and actionable pricing capabilities available to its mortgage lending clients.

Knowledge Coop Appoints Brian Paine as Director of Technology

VANCOUVER, Wash., Aug. 20, 2021 (SEND2PRESS NEWSWIRE) — Knowledge Coop, the industry’s top online compliance training and virtual work platform, today announced it has hired Brian Paine as Director of Technology. His responsibilities at Knowledge Coop include maintaining a stable working environment for all of Knowledge Coop’s technical operations.

Digital Mortgage Platform Maxwell Ranks #154 on 2021 Inc. 5000 List

DENVER, Colo., Aug. 19, 2021 (SEND2PRESS NEWSWIRE) — Inc. magazine today revealed that Maxwell ranks in the top 3% of its annual Inc. 5000 list of fastest-growing private companies at number 154. Maxwell was also named the 15th fastest-growing software company in the country.

Sales Boomerang is 2021’s fastest-growing company in the residential mortgage industry

WASHINGTON, D.C., Aug. 18, 2021 (SEND2PRESS NEWSWIRE) — Sales Boomerang, the mortgage industry’s top-rated automated borrower intelligence and retention system, debuted this week on Inc. magazine’s Inc. 5000 list, an annual ranking of America’s fastest-growing private companies. Sales Boomerang ranked #101 overall, placing the company among the top 3% of all private companies in America based on three-year revenue growth of 3,882% and outpacing every other company in the residential mortgage industry.