Author Archives: Mortgage Machine Services Inc.

Mortgage Machine Awarded Its First HousingWire Tech100 Recognition

Mortgage Machine is recognized for outstanding client growth outcomes and dedication to digital security

ADDISON, Texas, Feb. 5, 2025 (SEND2PRESS NEWSWIRE) — Mortgage Machine™ Services (Mortgage Machine), an industry leader in digital origination technology to residential mortgage lenders, announced that it has been selected by HousingWire magazine for its annual TECH100 award, marking Mortgage Machine’s first-ever inclusion on the premier list of mortgage and real estate technology providers. The magazine chose Mortgage Machine for its high efficiency, dedication to security and outstanding client growth outcomes.

Image caption: Mortgage Machine Services.

Over the past year, Mortgage Machine earned SOC 2®-compliance certification, underscoring its commitment to security and confidentiality standards. The platform enabled rapid growth for its clients, including a lender that scaled monthly loan volume from $10 million to $60 million within 45 days. Mortgage Machine also introduced Auto Split, an AI-powered enhancement to its Click n’ File system that automates document classification to reduce processing times. With proprietary technology capable of retrieving documents in 0.4 seconds and its seamless integration with DocMagic, Mortgage Machine drives operational efficiencies and scalability for lenders.

Mortgage Machine’s all-in-one loan origination system is purpose-built to simplify complex mortgage processes using workflow automation and digital enhancements to deliver a compliant, seamless lending experience. Highly innovative, Mortgage Machine incorporates cutting-edge document management and eClosing technology and is built on MISMO’s SMART Doc® data and security standards.

“Earning SOC 2-compliance certification and introducing advanced capabilities like Auto Split represent major milestones for Mortgage Machine,” said COO James Cassinelli. “These achievements reflect our dedication to security, scalability, and solving the real challenges lenders face, from document management to process automation. As a result, our ability to help clients achieve rapid growth sets Mortgage Machine apart.”

“Technology is at the core of progress in the housing industry,” said Clayton Collins, CEO of HW Media. “The companies recognized in this year’s Tech100 awards are leading innovation and delivering real-world impact to drive faster and more efficient processes in mortgage lending, capital markets, servicing and real estate. We’re seeing lending and real estate organizations separate from the pack through the development and implementation of technology that bolsters client experience, employee productivity and process automation.”

HousingWire’s TECH100 award seeks to highlight the most innovative technology companies across the housing sector. To view the complete list of winners, visit https://www.housingwire.com/articles/here-are-the-2025-tech100-mortgage-honorees/.

About Mortgage Machine™ Services, Inc.

Mortgage Machine™ is an industry leader in transforming residential mortgages using a range of digital solutions. Drawing on its extensive industry knowledge and advanced technology infrastructure, the company has been innovating in financial markets since 2007. Today, its flagship LOS product utilizes intelligent automation, configurable business workflows and a cloud-based infrastructure to optimize the entire loan lifecycle. By consolidating retail, wholesale, correspondent and home equity lending onto a single platform, Mortgage Machine™ enables lenders of all sizes to reduce cycle times, costs and risks while improving data quality and borrower satisfaction. Visit http://www.mmachine.net/ to learn more.

NEWS SOURCE: Mortgage Machine Services Inc.

This press release was issued on behalf of the news source (Mortgage Machine Services Inc.), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/mortgage-machine-awarded-its-first-housingwire-tech100-recognition/

Mortgage Machine Services Fully Integrates AI-Powered Pricing Engine into Proprietary LOS

ADDISON, Texas, Jan. 8, 2025 (SEND2PRESS NEWSWIRE) — Mortgage Machine Services (Mortgage Machine), an industry leader in digital origination technology to residential mortgage lenders, announced that it now offers an artificial intelligence (AI)-powered pricing engine. The pricing engine ingests and updates pricing for a lender’s investors and aggregators automatically. With granular controls for administrators, including global and product-level pricing adjustments, real-time lock controls, and mark-to-market tracking against current market conditions, lenders can streamline secondary market processes.

Image caption: Mortgage Machine Services.

“Our clients are already delivering outstanding feedback,” said COO James Cassinelli. “One client told us that the pricing engine provides great benefits and increases efficiency by reducing the friction introduced by pairing a separate pricing engine with an LOS. Instead of updating pricing details between two different solutions, loan officers can do it all in one.”

Using the pricing engine, loan officers can compare rates and see principal and interest breakdowns without switching screens or performing manual calculations. The pricing engine’s Best X feature allows users to efficiently identify the most competitive rates for their borrowers.

“We see the pricing engine as a necessity, rather than the bow on top,” said Cassinelli. “We have fully integrated the engine with Mortgage Machine’s loan origination system at no extra cost to our LOS users.”

To learn more about Mortgage Machine, visit https://www.mmachine.net/who/.

About Mortgage Machine™ Services, Inc.

NEWS SOURCE: Mortgage Machine Services Inc.

To view the original story, visit: https://www.send2press.com/wire/mortgage-machine-services-fully-integrates-ai-powered-pricing-engine-into-proprietary-los/

Mortgage Machine awarded SOC 2 Compliance Status – AICPA-guided examination shows LOS operates as promised

ADDISON, Texas, Nov. 14, 2024 (SEND2PRESS NEWSWIRE) — Mortgage Machine™ (MMS), the loan origination system of record for digital mortgage pioneer Click n’ Close (formerly known as Mid America Mortgage), has achieved SOC 2® compliance. Independent auditor Sensiba LLP (Sensiba) announced MMS’s successful completion of its System and Organization Controls (SOC) 2 Type II audit in early November.

Image caption: Mortgage Machine.

Developed by the American Institute of Certified Public Accountants (AICPA), the SOC 2 information security audit provides a report on the examination of controls relevant to the trust services criteria categories covering security, availability, processing integrity, confidentiality, and privacy.

“Achieving SOC 2 Type II compliance is a significant milestone for Mortgage Machine,” said James Cassinelli, Chief Operating Officer of Mortgage Machine Services. “This certification underscores our commitment to providing top-tier security and peace of mind to our clients. It validates the policies and procedures that we have in place and reinforces the reliable service we offer to our customers.”

As noted by Sensiba, a SOC 2 Type II report describes a service organization’s systems and determines whether the design of specified controls meets the relevant trust service categories. Sensiba reviewed MMS’ system from August 22, 2023, to August 21, 2024.

“MMS’s SOC 2 Type II report did not have any noted exceptions and was therefore issued with a ‘clean’ audit opinion,” according to a public statement issued by Sensiba.

Sensiba’s audit of MMS focused on security, availability, and confidentiality. This means the audit measured how well MMS kept consumers’ information private and how consistently it informed clients of the collection, retention, and disposal of their data.

A SOC 2 report is generally deemed valid for 12 months from the date of its issue. Though there is no expiration date for the report, interested parties may reasonably reject findings that are more than a year old.

ABOUT MORTGAGE MACHINE:

Mortgage Machine™ uses intelligent automation, configurable business workflows and a cloud-based infrastructure to optimize the entire loan lifecycle. By consolidating retail, wholesale, correspondent and home equity lending onto a single platform, Mortgage Machine™ enables lenders of all sizes to reduce cycle times, costs, and risks while improving data quality and borrower satisfaction. The company is based in Addison, Texas.

ABOUT SENSIBA:

Sensiba LLP, a top-100 U.S. accounting, consulting, and professional services firm, serves a variety of companies, from start-ups to Fortune 50 pillars.

ABOUT SOC 2:

A SOC 2® examination is a report on controls at a service organization relevant to security, availability, processing integrity, confidentiality, or privacy. SOC 2 reports are intended to meet the needs of a broad range of users that need detailed information and assurance about the controls at a service organization relevant to security, availability, and processing integrity of the systems the service organization uses to process users’ data and the confidentiality and privacy of the information processed by these systems.

NEWS SOURCE: Mortgage Machine Services Inc.

To view the original story, visit: https://www.send2press.com/wire/mortgage-machine-awarded-soc-2-compliance-status-aicpa-guided-examination-shows-los-operates-as-promised/

Mortgage Machine Services Enhances AI-Powered Document Management System to Accelerate Loan Processing Speed

ADDISON, Texas /ScoopCloud/ -- Mortgage Machine Services, an industry leader in digital origination technology to residential mortgage lenders, announced the launch of Auto Split, an enhancement to the Click n' File document management system embedded into the Mortgage Machine™ loan origination system (LOS). Specifically designed to extract and store loan documents, Auto Split enables lending staff to improve loan processing efficiency, enabling mortgage lenders to optimize speed to close.

"With the introduction of Auto Split, we're taking a significant step forward in streamlining loan processing for our clients," said Mortgage Machine CEO Jeff Bode, Founder and CEO of Mortgage Machine Services. "This enhancement reflects our commitment to innovation, ensuring that mortgage lenders can operate with greater efficiency and precision. By automating document management within the Mortgage Machine LOS, we're empowering our clients to reduce processing times and improve overall productivity, ultimately helping them achieve faster closings."

Using artificial intelligence (AI), Auto Split seamlessly dissects large PDF loan files uploaded to Mortgage Machine into their individual components, automatically classifying each extracted document. From there, Click n' File identifies, categorizes and indexes the information from these documents to sort them into the appropriate folders.

"Our goal with Auto Split is to empower lenders by reducing the time and effort required for document management," said Dan McGrew, director of sales at Mortgage Machine. "By leveraging AI to automate the extraction, classification, and organization of loan documents, we're providing our clients with a powerful tool that enhances operational efficiency and ensures accuracy throughout the loan processing workflow."

In addition to incorporating the latest AI and document management, Mortgage Machine offers all-in-one eClosing functionality, including an eClose room, eNotes, eVault and remote online notarization (RON). The platform also includes SMART Doc(r) data and security standards from the Mortgage Industry Standards Maintenance Organization (MISMO), enabling lenders to utilize this electronic document format throughout the entire lending process and even into loan servicing.

To learn more about Mortgage Machine, visit http://www.mmachine.net/.

About Mortgage Machine™ Services, Inc.

Mortgage Machine™ is an industry leader in transforming residential mortgages using a range of digital solutions. Drawing on its extensive industry knowledge and advanced technology infrastructure, the company has been innovating in financial markets since 2007. Today, its flagship LOS product utilizes intelligent automation, configurable business workflows and a cloud-based infrastructure to optimize the entire loan lifecycle. By consolidating retail, wholesale, correspondent and home equity lending onto a single platform, Mortgage Machine™ enables lenders of all sizes to reduce cycle times, costs and risks while improving data quality and borrower satisfaction. Visit http://www.mmachine.net/ to learn more.

Mortgage Machine Services, an industry leader in digital origination technology to residential mortgage lenders, announced the launch of Auto Split, an enhancement to the Click n' File document management system embedded into the Mortgage Machine™ loan origination system (LOS).

Related link: https://www.mmachine.net/

Mortgage Machine Appoints Crystal Stanton to manage Customer Success and Onboarding

ADDISON, Texas /ScoopCloud/ -- Mortgage Machine Services, an industry leader in digital origination technology to residential mortgage lenders, today announced its appointment of Crystal Stanton to manage customer success and onboarding.

Crystal brings more than 20 years of customer success experience to her role, with over a decade dedicated to the mortgage industry. She has held senior customer success positions at several top mortgage providers. In these roles, Crystal developed deep expertise in guiding customers through digital process transformations to ensure they achieved optimal operational value from their technology investments.

"We are absolutely thrilled to welcome Crystal to the Mortgage Machine team," said Jeff Bode, CEO of Mortgage Machine Services. "Her considerable experience and reputation for customer success solidifies our commitment to delivering best-in-class onboarding to our customers."

In this new role, Crystal will onboard new Mortgage Machine customers, leveraging a success-centric approach with a commitment to white glove service to ensure a smooth experience and productive outcome.

"It is a great opportunity to join Mortgage Machine and lead its customer success initiative during this exciting period of growth," said Crystal Stanton. "I am eager to apply my background in customer success and within the mortgage industry to help Mortgage Machine customers maximize the value of our solutions and reach their business goals."

To learn more about Mortgage Machine, visit http://www.mmachine.net/.

About Mortgage Machine Services, Inc.:

Mortgage Machine(tm) is an industry leader in transforming residential mortgages using a range of digital solutions. Drawing on its extensive industry knowledge and advanced technology infrastructure, the company has been innovating in financial markets since 2007. Today, its flagship LOS product utilizes intelligent automation, configurable business workflows and a cloud-based infrastructure to optimize the entire loan lifecycle. By consolidating retail, wholesale, correspondent and home equity lending onto a single platform, Mortgage Machine(tm) enables lenders of all sizes to reduce cycle times, costs and risks while improving data quality and borrower satisfaction.

Visit http://www.mmachine.net/ to learn more.

Mortgage Machine Services, an industry leader in digital origination technology to residential mortgage lenders, today announced its appointment of Crystal Stanton to manage customer success and onboarding. Crystal brings more than 20 years of customer success experience to her role, with over a decade dedicated to the mortgage industry.

Related link: https://www.mmachine.net/

Mortgage Machine Services Director of Sales, Dan McGrew, Speaking at the North Carolina eMortgage Closing Conference

ADDISON, Texas /ScoopCloud/ -- Mortgage Machine Services, an industry leader in digital origination technology to residential mortgage lenders, today announced Dan McGrew, its Director of Sales will be speaking at the North Carolina eMortgage Closing Conference on Tuesday, Oct. 24 beginning at 2 p.m.

"Digital origination technology is vital to a lender's success, especially given current market constraints and the growing trend of automation, AI and digitalization," said McGrew. "Mortgage Machine is leading the pack in this trend. Lenders have more options than ever, but implementing technology that delivers can be easier said than done. I'm looking forward to sharing details for success with attendees and more about the competitive edge Mortgage Machine provides."

For more than two decades, McGrew has consulted with lenders of all stripes to successfully transition from manual processes to digital solutions, including guiding clients on MERS eRegistry setup, meeting with all lender's counterparties and equipping clients with the knowledge and foresight of transitioning from a traditional paper-based process to digital. In addition, he has worked closely with loan origination system (LOS), document generation, eVault and eClosing providers to ensure clients have the necessary tech stack in place for a successful digital conversion.

Mortgage Machine is an out-of-the-box, all-in-one loan origination system (LOS) designed to accelerate lenders' operational velocity and support an end-to-end digital origination process. It features AI-powered task automation, a scalable cloud-based infrastructure and flexible API capabilities. The platform also offers pre-configured workflows tailored for retail and wholesale loan processes, ensuring it works across retail, wholesale and correspondent lending channels. With seamless document management and point-of-sale functions, loan officers remain in control of the entire loan lifecycle to increase efficiency, reduce costs and enhance the borrower experience. The system also provides end-to-end support throughout the lending, underwriting, documentation and closing of a residential mortgage loan.

Register to attend the fourth annual North Carolina eMortgage Closing conference at https://sosnc.gov/online_services/Event_Registration/Registration?id=48

About Mortgage Machine™ Services, Inc.:

Mortgage Machine™ is an industry leader in transforming residential mortgages using a range of digital solutions. Drawing on its extensive industry knowledge and advanced technology infrastructure, the company has been innovating in financial markets since 2007. Today, its flagship LOS product utilizes intelligent automation, configurable business workflows and a cloud-based infrastructure to optimize the entire loan lifecycle. By consolidating retail, wholesale, correspondent and home equity lending onto a single platform, Mortgage Machine™ enables lenders of all sizes to reduce cycle times, costs and risks while improving data quality and borrower satisfaction. Visit http://www.mmachine.net/ to learn more.

Mortgage Machine Services, an industry leader in digital origination technology to residential mortgage lenders, today announced Dan McGrew, its Director of Sales will be speaking at the North Carolina eMortgage Closing Conference on Tuesday, Oct. 24 beginning at 2 p.m.

Related link: https://www.mmachine.net/

Mortgage Machine Services Enhances Digital Mortgage LOS with Addition of AI-Powered Document Management System

ADDISON, Texas /ScoopCloud/ -- Mortgage Machine Services, an industry leader in digital origination technology to residential mortgage lenders, today announced the addition of Click n' File, an innovative document management system, to its namesake, all-in-one loan origination system (LOS) Mortgage Machine™. The system leverages artificial intelligence (AI) to automate document management tasks like sorting, stacking, classification and indexing, eliminating monotonous manual data entry and improving overall operational efficiency.

"Time is money in the mortgage industry, and our software is a time-saving powerhouse. It simplifies complex workflows, speeds up the approval process and empowers mortgage professionals to close loans faster - all while reducing operational expenses," said Mortgage Machine Services Founder and CEO Jeff Bode. "Our new AI enhancements translate into substantial time savings, enabling lenders to focus on building stronger customer relationships."

Using AI, Click n' File manages document intake, identifies and categorizes information from various document types, indexes uploaded documents by loan number, class and subclass using AI and then sorts them into the appropriate folders. The system seamlessly supports all loan documents, utilizing PDFs and the SMART Doc® data and security standard from the Mortgage Industry Standards Maintenance Organization (MISMO), and displays the PDF while retaining the XML code for flexibility in exporting format.

"We understand that every minute and every dollar counts in today's competitive market. We engineered our loan origination software with AI technology to maximize efficiency, enhance accuracy and minimize costs, ensuring our customers remain competitive and profitable," added Bode.

To learn more, schedule a demo at https://www.mmachine.net/los/#demo.

About Mortgage Machine™ Services, Inc.:

Mortgage Machine™ is an industry leader in transforming residential mortgages using a range of digital solutions. Drawing on its extensive industry knowledge and advanced technology infrastructure, the company has been innovating in financial markets since 2007. Today, its flagship LOS product utilizes intelligent automation, configurable business workflows and a cloud-based infrastructure to optimize the entire loan lifecycle. By consolidating retail, wholesale, correspondent and home equity lending onto a single platform, Mortgage Machine™ enables lenders of all sizes to reduce cycle times, costs and risks while improving data quality and borrower satisfaction. Visit http://www.mmachine.net/ to learn more.

Mortgage Machine Services, an industry leader in digital origination technology to residential mortgage lenders, today announced the addition of Click n' File, an innovative document management system, to its namesake, all-in-one loan origination system (LOS) Mortgage Machine™. The system leverages artificial intelligence (AI) to automate document management tasks like sorting, stacking, classification and indexing, eliminating monotonous manual data entry and improving overall operational efficiency.

Related link: https://www.mmachine.net/

Mortgage Machine Services taps Digital Mortgage Expert Dan McGrew to Lead Company’s Go-to-Market Strategy

ADDISON, Texas /ScoopCloud/ -- Mortgage Machine™ Services, an industry leader in digital origination technology to residential mortgage lenders, announced Dan McGrew has joined the company as Director of Sales. In this role, McGrew will be responsible for bringing the company's digital mortgage innovations to market, including the company's flagship loan origination system (LOS) Mortgage Machine.

"Dan's extensive industry expertise is rooted in mortgage IT services and technology, with a particular emphasis on digital mortgage strategy and implementation. As Mortgage Machine Services continues to pioneer technology for the mortgage industry, we knew we needed a seasoned and innovative thinker like Dan to help us deliver these innovations to the masses," said Mortgage Machine Services President and CEO Jeff Bode. "The recent launch of our namesake LOS is only the beginning, and we look forward to Dan's assistance in helping lenders harness the power of our current and future digital lending technology releases."

McGrew brings nearly three decades of experience to his role at Mortgage Machine. Throughout his extensive career, McGrew has worked closely with providers of LOS, document generation, eVault and eClosing platforms to ensure clients have the necessary tech stack to transition to digital successfully, including guiding clients on MERS eRegistry setup, meeting with all lender's counterparties, and equipping clients with the knowledge and foresight of transitioning from a traditional paper-based process to digital. Previously, McGrew was the Chief Operating Officer and Senior Vice President of Sales at Pavaso, a full-service eClosing platform. He also spent six years as the President of IT Services, a U.S.-based boutique SAP consulting firm.

"My entire career has specialized in 'eReadiness' and guiding mortgage lenders through the journey of paper to digital," said McGrew. "With its proven history in powering digital mortgage originations at scale, Mortgage Machine is the LOS lenders need to compete effectively in today's digital marketplace."

About Mortgage Machine™ Services, Inc.:

Mortgage Machine™ is an industry leader in transforming residential mortgages using a range of digital solutions. Drawing on its extensive industry knowledge and advanced technology infrastructure, the company has been innovating in financial markets since 2007. Today, its flagship LOS product utilizes intelligent automation, configurable business workflows and a cloud-based infrastructure to optimize the entire loan lifecycle. By consolidating retail, wholesale, correspondent and home equity lending onto a single platform, Mortgage Machine™ enables lenders of all sizes to reduce cycle times, costs, and risks while improving data quality and borrower satisfaction. Visit http://www.mmachine.net/ to learn more.

Mortgage Machine™ Services, an industry leader in digital origination technology to residential mortgage lenders, announced Dan McGrew has joined the company as Director of Sales. In this role, McGrew will be responsible for bringing the company's digital mortgage innovations to market, including the company's flagship loan origination system (LOS) Mortgage Machine.

Related link: http://www.mmachine.net/

Mortgage Machine Services launches loan origination system built for the digital mortgage era

ADDISON, Texas /ScoopCloud/ -- Mortgage Machine Services, an industry leader in digital origination technology to residential mortgage lenders, announced the launch of its namesake platform Mortgage Machine™, an out-of-the-box, all-in-one loan origination system (LOS) designed to accelerate lenders' operational velocity and support an end-to-end digital origination process.

Developed by digital mortgage pioneer and industry veteran Jeff Bode, Mortgage Machine aims to simplify complex mortgage processes and consolidate disjointed operations by leveraging workflow automation, compliance assurance and digital enhancements to create a seamless lending experience.

"The LOS is the operational linchpin for every mortgage business, but most LOS platforms on the market today were not designed to support a fully digital origination process," Bode said. "As a result, lenders often have to retrofit their existing LOS or work around its limitations to achieve their digital goals. Mortgage Machine was intentionally designed with a digital process in mind, giving lenders the ability to 'plug n' play' and move faster than ever, and has been battle tested inside a digital-first mortgage lender to ensure it can provide the necessary lift lenders need to make the move to eMortgages."

Mortgage Machine features AI-powered task automation, a scalable cloud-based infrastructure and flexible API capabilities. The platform also offers pre-configured workflows tailored for retail and wholesale loan processes, ensuring it works across retail, wholesale and correspondent lending channels. With seamless document management and point-of-sale functions, loan officers remain in control of the entire loan lifecycle to increase efficiency, reduce costs and enhance the borrower experience. The system also provides end-to-end support throughout the lending, underwriting, documentation and closing of a residential mortgage loan.

In addition to incorporating the latest AI and document management, Mortgage Machine offers all-in-one eClosing functionality, including an eClose room, eNotes, eVault and remote online notarization (RON). The platform also includes SMART Doc(r) data and security standards from the Mortgage Industry Standards Maintenance Organization (MISMO), enabling lenders to utilize this electronic document format throughout the entire lending process and even into loan servicing.

"SMART Docs are one of the most necessary - and overlooked - components to executing digital mortgage at scale," Bode added. "Utilizing this standard in Mortgage Machine not only provides lenders with a significant operational assist in getting started with digital mortgages, but it also ensures the security and integrity of the documents and data being processed by the system, thus adding an extra layer of confidence in moving to an entirely automated, electronic origination process."

To learn more about Mortgage Machine, visit http://www.mmachine.net/.

About Mortgage Machine Services, Inc.

Mortgage Machine™ is an industry leader in transforming residential mortgages using a range of digital solutions. Drawing on its extensive industry knowledge and advanced technology infrastructure, the company has been innovating in financial markets since 2007. Today, its flagship LOS product utilizes intelligent automation, configurable business workflows and a cloud-based infrastructure to optimize the entire loan lifecycle. By consolidating retail, wholesale, correspondent and home equity lending onto a single platform, Mortgage Machine™ enables lenders of all sizes to reduce cycle times, costs and risks while improving data quality and borrower satisfaction.

Visit http://www.mmachine.net/ to learn more.

Mortgage Machine Services, an industry leader in digital origination technology to residential mortgage lenders, announced the launch of its namesake platform Mortgage Machine™, an out-of-the-box, all-in-one loan origination system (LOS) designed to accelerate lenders' operational velocity and support an end-to-end digital origination process.

Related link: http://www.mmachine.net/