Category Archives: Finance

FormFree’s Brent Chandler and Christy Moss honored by Mortgage Professional America as trailblazers in mortgage technology

ATHENS, Ga. /ScoopCloud/ -- FormFree® today announced that Founder and CEO Brent Chandler and Head of Sales and Marketing Christy Moss have been honored by Mortgage Professional America (MPA) as 2021 Housing Industry Icons. The highly-competitive Housing Industry Icon awards are given to veteran executives who have acted as trailblazers and made an ongoing impact on the housing, mortgage and real estate industries. Chandler and Moss were honored for their instrumental careers in the mortgage technology field.

Since founding FormFree, Brent Chandler has gone to considerable lengths to transform the company into the industry leader it is today. Chandler was the mastermind behind FormFree's flagship product, AccountChek®, which streamlines mortgage underwriting for both borrowers and lenders, facilitating quicker decisions and higher borrower satisfaction. More recently, by enabling on-demand access to consumers' tokenized ability to pay (ATP®) information with FormFree's Passport® all-in-one verification service, Chandler has led the company to make mortgage underwriting even speedier while improving access to credit for low- and middle-income families.

"It's an incredible honor to be recognized by MPA alongside so many tremendous players in the mortgage industry," said Chandler. "When I first established FormFree, I was chasing the dream of making loans simpler and safer for everyone. Thanks to the help of our outstanding team, FormFree has thrived beyond my wildest dreams and transformed the way lenders conduct business."

Following an 11-year tenure at Fannie Mae, Christy Moss joined FormFree in October 2019. She has since helped the company drive digital transformation for consumers, lenders and investors. A champion for creating a more inclusive credit decisioning landscape, she encouraged lenders to widen their credit box without increased risk by assessing borrowers' ATP with FormFree's revolutionary AccountChek and Passport tools.

"I'm dedicated to helping change what is most consumers' largest financial transaction into a stress-free digital experience and improve the mortgage process for everyone," said Moss. "It's truly great to be recognized for a cause so near and dear to my heart."

To view the full list of MPA's 2021 Housing Industry Icons, visit: https://www.mpamag.com/us/best-in-mortgage/housing-industry-icons-2021/311599#winnersListSection

About FormFree®

FormFree® is a market-leading fintech company whose revolutionary products AccountChek® and Passport® make for a more inclusive credit decisioning landscape by enabling lenders to understand people's true ability to pay (ATP®). Its vision is to leverage source data and data-driven intelligence to usher in a new era of transparent, fair and liquid credit markets. To date, thousands of U.S. lenders and brokers have ordered millions of FormFree's patented verification reports representing trillions of dollars in loan verifications. FormFree delights borrowers and lenders with a paperless experience, dramatically reduces origination timelines and offers automated analysis and standardized delivery to lenders and investors using a secure ReIssueKey®. For more information, visit https://www.formfree.com/ or follow FormFree on LinkedIn.

FormFree today announced that Founder and CEO Brent Chandler and Head of Sales and Marketing Christy Moss have been honored by Mortgage Professional America (MPA) as 2021 Housing Industry Icons. The highly-competitive Housing Industry Icon awards are given to veteran executives who have acted as trailblazers and made an ongoing impact.

Related link: https://www.formfree.com/

Three Mid America Mortgage Loan Officers Make the Cut for NAMMBA’s Top 100 by Units

ADDISON, Texas /ScoopCloud/ -- Mid America Mortgage, Inc. (Mid America) announced today that three of its loan officers - Michael Bogar, DeAnna Morgan and Christine Pervan - have been included on the National Association of Minority Mortgage Bankers of America (NAMMBA) list of top 100 female and minority loan officers, measured by units.

NAMMBA is a national trade association dedicated to the enrichment and betterment of women and minorities who work in the real estate finance industry. The NAMMBA annual Top 100 list ranks female and minority loan officers, real estate agents and real estate teams according to the number of units originated/sold and overall volume.

"Christine, DeAnna and Michael are consistently among Mid America's top performers by any measure so it is especially gratifying to see them honored by NAMMBA," said Mid America Owner and Chief Executive Officer Jeff Bode. "At Mid America, we are dedicated to providing industry-leading loan products, tools and resources that enable our loan officers to deliver top-quality borrower experiences. We are incredibly proud of these three members of the Mid America family and congratulate them on their stellar achievements in 2020."

Visit https://www.nammba.org/connect-top-100-winners to view the complete list of Top 100 honorees.

About Mid America Mortgage, Inc.

Mid America Mortgage, Inc., Addison, Texas, is a multi-state, full-service mortgage lender serving consumers and mortgage originators through its retail, wholesale and correspondent channels. We offer a wide range of residential home loan programs to meet the needs of most home buyers and homeowners and are also the nation's leading provider of Section 184 home loans for Native Americans. Learn more at https://www.midamericamortgage.com/.

In operation since 1940, Mid America has thrived by retaining its entrepreneurial spirit and leading the market in innovation, including its adoption of eClosings and eNotes. Click n' Close is Mid America's ultra-secure, digital mortgage approval and closing process that gets home buyers from application to closing within two weeks. With just a few clicks at closing, Click n' Close puts keys in the home buyer's hand in 15 minutes or less. Apply online at https://www.midamericamortgage.com/click-n-close/.

Named a 2018 "Top Mortgage Workplaces" winner by Mortgage Professional America and a 2018 "Top Mortgage Employer" by National Mortgage Professional, Mid America is looking for tech-savvy, service-oriented mortgage professionals to join our growing team. We are dedicated to providing our employees with industry-leading tools and technology to deliver a great package of competitive pricing, programs and knowledgeable service. Want to join our team? Visit https://www.midamericamortgage.com/careers/.

About NAMMBA

The National Association of Minority Mortgage Bankers of America is a purpose-driven organization that is dedicated to the inclusion of minorities and women in the mortgage industry who are advocates for sustainable homeownership in local communities. To fulfill its mission, NAMMBA provides programs and initiatives to introduce minorities and women into the mortgage industry, including recruiting, advisory, networking and training for enterprises and individual professionals. For more information, visit: http://www.nammba.org

Mid America Mortgage, Inc. (Mid America) announced today that three of its loan officers - Michael Bogar, DeAnna Morgan and Christine Pervan - have been included on the National Association of Minority Mortgage Bankers of America (NAMMBA) list of top 100 female and minority loan officers, measured by units.

Related link: https://www.midamericamortgage.com/

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

LEHI, Utah /ScoopCloud/ -- SimpleNexus (https://simplenexus.com/), 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."

SimpleNexus has onboarded more than 66 new enterprise customers in 2021. The number of active loan originators (LOs) using SimpleNexus at the beginning of Q4 surpassed 41,000, a 48% increase from the start of the year. Using SimpleNexus, those LOs have connected with more than 5.8 million borrowers and 141,000 real estate partners. So far in 2021, SimpleNexus has touched more than $419 billion in loan volume.

Since debuting Nexus Closing™ earlier this year, SimpleNexus has swiftly enhanced the single-platform eClosing solution with remote online notarization (RON), eNote and eVault capabilities underpinned by new strategic integrations with Notarize and DocMagic. Nexus Closing went on to earn the coveted designation of certified eClosing solution provider from Fannie Mae and Freddie Mac in September.

"Following a record-setting 2020 and a fresh infusion of support from our investors, SimpleNexus entered 2021 at a ferocious pace - and we have never let off the gas," said CEO Cathleen Schreiner Gates. "The pace of innovation at SimpleNexus is outstripping our competition, positioning us as category leaders that lenders, real estate partners and consumers are excited to be a part of."

Schreiner Gates made a name for herself in the mortgage industry as executive vice president of Ellie Mae (NYSE: ELLI), later acquired by Intercontinental Exchange (NYSE: ICE). She then served as SimpleNexus' president before accepting the firm's top job in May of this year. She has gone on to retool the SimpleNexus C-suite with the appointments of Kevin McKenzie as chief operating officer, John Aslanian as chief revenue officer and Andria Lightfoot as chief customer officer.

In August, SimpleNexus earned a spot on the Inc. 5000 list of America's fastest-growing private companies for a fourth consecutive year. The company was also named to CB Insights' Fintech 250 list of top private fintechs worldwide and HousingWire's Tech 100 list of the most innovative companies in mortgage technology. SimpleNexus made its debut on Fast Company's list of the world's Best Workplaces for Innovators this year, ranking #47 out of 100.

About SimpleNexus, LLC:

SimpleNexus is a homeownership platform transforming the mortgage experience and connecting borrowers, loan officers, real estate agents and settlement service providers throughout the homebuying process. The platform's native mobile toolset enables lenders to originate, process and close home loans from anywhere with increased efficiency and convenience. Loan officers can manage their loan pipelines, order credit, run pricing, send pre-approvals, sign disclosures and execute eClosings - all on the go. SimpleNexus provides borrowers with a single sign-on experience from home search to the application, document upload, eClose and beyond for a more streamlined homeownership journey.

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."

Related link: https://simplenexus.com/

DocMagic Unveils eSign 3.0, Enhancing Remote Notary and eClosing Capabilities

TORRANCE, Calif. /ScoopCloud/ -- 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.

Among eSign 3.0's new features is a secure eClose portal that enables notary and settlement service providers to easily access and update closing document packages. When documents are added by the closing agent or notary, DocMagic's AutoPrep(tm) functionality instantly prepares the uploaded documents for electronic execution.

In addition to new RON and eClosing capabilities, signer functionality has been dramatically improved with eSign 3.0. With a growing percentage of borrowers using their mobile devices to participate in the mortgage process, eSign 3.0 offers a much more intuitive - and therefore easier - experience for borrowers.

"We developed eSign 3.0 by making the borrower experience our primary focus," said Dominic Iannitti, president and CEO of DocMagic. "The workflow takes both the user's physical and emotional experiences into account. We paid close attention to the way users physically handle their phones as well as their emotional responses to technology. The result is a far more statisfying borrower experience."

Other benefits of the updated platform include built-in knowledge-based authentication and identity validation; a redesigned workflow to give borrowers additional time to read and review documents in a single, centralized view; an accelerated signing phase where intuitive tools track progress at every stage; and full oversight until all documents are executed. The platform's integrated progress-tracking tools can be used on a computer or mobile device to keep borrowers aware of their progress every step of the way.

"It all starts with a robust API," said Iannitti. "eSign 3.0 is powered by a comprehensive suite of web services designed specifically for seamless integrations. The end result is that eSign 3.0 makes borrowers feel more connected and informed, so they're confident about working with their lender and walk away having enjoyed a more positive and memorable engagement."

The eSign 3.0 platform leverages the company's suite of eMortgage solutions, including components of its end-to-end Total eClose(tm) platform, dynamic document and MISMO Category 1 SMART Doc(r) eNote generation, automatic eNote registration with MERS(r), and secure storage within its certified eVault.

eSign 3.0 also incorporates DocMagic's AutoPrep(tm) technology to instantly identify signatures, initials and notary regions on documents added to the closing package by settlement and title agents, and automatically applies the essential e-tag information required to facilitate electronic execution. This eliminates the labor intensive and error-prone process of manually preparing documents for electronic execution.

The company will be showing demonstrations of its solution suite at the MBA Annual Convention and Expo in San Diego from Oct. 17 - 19, booth 314.

About DocMagic:

DocMagic, Inc. is the leading provider of fully compliant document generation, automated compliance, eSignature and comprehensive eMortgage solutions for the mortgage industry. Founded in 1987 and headquartered in Torrance, Calif., DocMagic, Inc. develops award-winning software, mobile apps, and web-based systems for the production and delivery of compliant loan document packages. The company's solutions connect industry participants, promote collaboration, and ensure data integrity to execute precision-based digital lending transactions. The company's compliance experts and in-house legal staff consistently monitor legal and regulatory changes at both the federal and state levels to ensure accuracy.

For more information on DocMagic, visit https://www.docmagic.com/.

RELATED LINKS:

https://www.docmagic.com/esignatures

https://www.docmagic.com/evault

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.

Related link: https://www.docmagic.com/

ACES Quality Management CEO Trevor Gauthier Chosen as 2021 Vanguard by HousingWire

DENVER, Colo. /ScoopCloud/ -- ACES Quality Management® (ACES), the leading provider of enterprise quality management and control software for the financial services industry, announced that its CEO Trever Gauthier has been honored by industry trade publication HousingWire in its annual Vanguard Awards program.

Gauthier was recognized for his efforts to exemplify ACES' company mission: Quality people behind quality products achieving quality results. Throughout the pandemic, he helped adjust the company's trajectory and operations to better suit the needs of both his staff and ACES users. This included implementing flexible schedules and unlimited paid time off to ensure staff could manage both the personal and professional challenges presented by the pandemic.

From a client perspective, Gauthier helped direct his team to create a new question set category within ACES Quality Management & Control® Software to house all COVID-related temporary regulatory provisions issued by state and federal agencies and the GSEs and then publish those updates through the ACES Compliance NewsHub, a free daily update of the most recent compliance news. The net effect of these shifts under Gauthier's direction and leadership was a 50% increase in reach and 55% expanded revenue since 2019.

"My motto has always been, 'Surround yourself with amazing people. Respect and empower them, and greatness will follow'," Gauthier said. "No matter the circumstances or external factors at play, my No. 1 concern has always been the success of our employees and customers. Without them, I would not be in this position and, therefore, owe them my sincere gratitude and appreciation for making this possible."

Now in its seventh year, the HousingWire Vanguard Awards seek to recognize executives that exhibit outstanding leadership while contributing to the growth of the housing economy and its various sectors, including origination, real estate and fintech.

"The Vanguards have become one of the highest achievements in housing and this year's list of award recipients represent an elite group of executives who proved to be resilient and adaptable throughout the past 18 months of extraordinary circumstances in the industry," said Clayton Collins, CEO of HW Media. "The 2021 Vanguards have proven to be true leaders, driving their organizations towards greatness, tackling challenges head on and making major waves in the housing market."

Visit https://www.housingwire.com/winner-profile/2021-vanguard-trevor-gauthier/ to view Gauthier's complete Vanguard profile.

About ACES Quality Management

ACES Quality Management, formerly known as ACES Risk Management (ARMCO), is the leading provider of enterprise quality management and control software for the financial services industry. The nation's most prominent lenders, servicers and financial institutions rely on ACES Quality Management & Control Software® to improve audit throughput and quality while controlling costs, including:

* 3 of the top 5 and more than 50% of the top 50 independent mortgage lenders;

* 7 of the top 10 loan servicers;

* 11 of the top 30 banks; and

* 1 of the top 3 credit unions in the USA.

Unlike other quality control platforms, only ACES delivers Flexible Audit Technology, which gives independent mortgage lenders and financial institutions the ability to easily manage and customize ACES to meet their business needs without having to rely on IT or other outside resources. Using a customer-centric approach, ACES clients get responsive support and access to our experts to maximize their investment. For more information, visit https://www.acesquality.com/ or call 1-800-858-1598.

About HousingWire

HousingWire is the most influential source of news and information for the U.S. mortgage and housing markets. Built on a foundation of independent and original journalism, HousingWire reaches over 60,000 newsletter subscribers daily and over 1.0 million unique visitors each month. Our audience of mortgage, real estate and fintech professionals rely on us to Move Markets Forward. Visit www.housingwire.com or www.solutions.housingwire.com to learn more.

ACES Quality Management® (ACES), the leading provider of enterprise quality management and control software for the financial services industry, announced that its CEO Trever Gauthier has been honored by industry trade publication HousingWire in its annual Vanguard Awards program.

Related link: https://www.acesquality.com/

Chelsea Groton Bank Named Top Workplace for 6th Straight Year – CEO Michael Rauh Recognized with Leadership Award

GROTON, Conn. /ScoopCloud/ -- Chelsea Groton Bank was recently named a Top Workplace in Connecticut for the sixth consecutive year, and Michael Rauh, the Bank's President and CEO, was presented with this year's Leadership award, both in the midsize employer category (150-499 employees).

"We've received many awards over the years, but being on the Top Workplace list during an incredibly difficult time really speaks to the resiliency and dedication of our team members. Our employees care deeply for their team, customer and community members, and focus on helping everyone accomplish their goals with a one person at a time mindset. This level of care and dedication is the reason why we were able to provide critical services to so many," shared Michael Rauh, President and CEO of Chelsea Groton Bank.

"This year we focused even more effort on ensuring inclusion and equity in every aspect of our business, and continued to provide growth, training and leadership opportunities to team members at every level. I'm also honored to be a recipient of the Leadership award, a recognition based on employee feedback, which is truly humbling and gratifying."

The annual Top Workplace Awards, sponsored regionally by the Hartford Courant, are based on the results of an employee feedback survey administered by Energage, a leading research firm that specializes in organizational health and workplace improvement. Fifteen aspects of workplace culture were measured, covering four main areas, including how well employees work together toward a common cause. Employees were asked about company values, whether new ideas are encouraged or if managers help employees learn and grow. Pay, benefits and training also are key questions.

Chelsea Groton employees noted that their contributions both in and out of the office are highly valued and that they are members of a close-knit work family. Many feel proud to perform meaningful work that improves the lives of their neighbors, and to be a part of an organization that helped so many facing difficult times during the last 18 months, including Chelsea Groton's Foundation giving over $1 Million to the community in 2020.

"We've always taken great care in selecting benefits and initiatives that contribute to our employees' health and wellbeing, and that's never been more important than with the personal and professional challenges and changes brought forward due to the pandemic," said Anne Wilkinson, SVP, Chief Human Resources Officer at Chelsea Groton Bank. "When teams were largely remote, we held virtual get-togethers, Zoom fitness classes, and employee appreciation days to keep our workforce engaged. As more people came back to the office, we offered safe opportunities for outdoor gatherings, such as ice cream socials at area creameries. We've also done our best to be flexible and understanding when it comes to personal circumstances related to the pandemic, like individual health, childcare needs, and caring for aging family members. We're thrilled our team felt our efforts to accommodate needs and show appreciation."

While Chelsea Groton offers traditional benefits for employees, the Bank also provides employees the opportunity to partake in a variety of continual education programs, and offers the Grow, Launch, and Lead leadership programs for team members at every level within the organization. Team members are invited to participate in a wellness program designed with incentives to track and challenge participants in physical, mental, and financial well-being. Community volunteerism, donations and supply drives have also always been a driving factor in bringing the team together.

Leadership Award

Michael Rauh has been President and CEO of Chelsea Groton Bank since December 2010. Over the last decade, he has not only led the Bank through the expansion of product, service and technology offerings, but he has emphasized a commitment to supporting each individual customer's needs and goals, and dedicating time and resources to the education and development of team members at every level. In addition to being honored with the Leadership Award, Rauh was also recently named Citizen of the Year by the Chamber of Commerce of Eastern Connecticut, and has led Chelsea Groton Bank to be named "Top Workplace" by the Hartford Courant and "Best Bank" by readers of The New London Day for six consecutive years, to be listed by Forbes as one of America's Best-In-State Banks, and to earn a 5-Star "Superior" rating for financial strength by BauerFinancial for over 25 consecutive years.

About Chelsea Groton Bank

Based in Groton, Conn., Chelsea Groton Bank is a full-service mutually owned bank with over $1.5 billion in assets. Chelsea Groton Bank's products and services include consumer banking, business banking, mortgage and business lending, cash management, financial planning and financial education programs. With 14 branch locations throughout New London County and a Loan Production Office in Hartford County, Chelsea Groton Bank also provides online and mobile banking, 24-hour telephone banking, and nationwide ATM banking for individuals, families and businesses.

To learn more, please visit https://www.chelseagroton.com/. Member FDIC. Equal Housing Lender. NMLS Institution ID 402928.

Chelsea Groton Bank was recently named a Top Workplace in Connecticut for the sixth consecutive year, and Michael Rauh, the Bank's President and CEO, was presented with this year's Leadership award, both in the midsize employer category (150-499 employees).

Related link: https://www.chelseagroton.com/

Promontory MortgagePath welcomes Guild Mortgage Correspondent to its investor network

DANBURY, Conn. /ScoopCloud/ -- Promontory MortgagePath LLC, a leading provider of comprehensive digital mortgage fulfillment services, announced Guild Mortgage Correspondent as the most recent addition to its investor network. As part of its comprehensive mortgage fulfillment services, Promontory MortgagePath manages investor relationships on behalf of its community lending clients, facilitating new relationships for clients seeking investor partners and adding and delivering to new investors based on clients' existing relationships. Guild Mortgage Correspondent is the latest investor to join the company's extensive network of investors.

"As lenders advance their investor relationships, their ownership of the origination processes increases - and so does their earning potential. Through Promontory MortgagePath's investor network, we've been able to provide significant value to our clients by facilitating introductions to leading industry investors like Guild Mortgage Correspondent and providing education to help define our clients' journey to the secondary market," said Debora Aydelotte, Chief Operating Officer at Promontory MortgagePath. "Given where Promontory MortgagePath sits inside our clients' organizations and our extensive network of industry connections, it only makes sense for us to help facilitate and manage these vital relationships, and we are especially proud to add Guild Mortgage Correspondent to our expanding investor network."

In addition to facilitating community lenders' entry into the secondary market, Promontory MortgagePath can also connect community lenders to new investors or help them expand or advance their existing investor relationships, resulting in increased profitability. Leveraging custom analyses to account for investors' processes and tolerances during loan origination, Promontory MortgagePath ensures efficient and effective loan delivery to investors on behalf of its clients.

Coupled with Promontory MortgagePath's comprehensive, tech-driven mortgage fulfillment services, lenders can maintain control of all aspects of the origination process - including its contractual relationships with investors - while leaning on Promontory MortgagePath's expertise to create and manage a compliant, efficient, scalable loan manufacturing process that supports the lender's secondary market goals.

"As any mortgage lender knows, originating the loan is only half the battle, and for community lenders in particular, finding the right investment partnerships to support their non-portfolio products can be especially challenging," said Promontory MortgagePath Managing Director and Head of Bank Relations Paul C. Katz. "We're pleased to add to the pool of resources we provide to our community lending clients and look forward to enhancing their relationships with the industry's prominent secondary market investors."

As part of its education efforts, Promontory MortgagePath has released its Guide to the Residential Lending Secondary Market, which provides community lenders with an introduction to selling loans and mortgage servicing rights (MSRs) to investors. Lenders that would like to learn more about Promontory MortgagePath and/or its investor network can contact Paul Katz at paul.katz@mortgagepath.com. Investors interested in becoming part of Promontory MortgagePath's investor network should reach out to Louann Bernstone, managing director and head of investor relationships, at louann.bernstone@mortgagepath.com.

About Promontory MortgagePath LLC | NMLS ID 1532373

Promontory MortgagePath is a fast-growing team of passionate problem solvers on a mission to fundamentally change the way lenders approach their mortgage business. The company combines an intuitive, collaborative digital mortgage platform with modern, comprehensive fulfillment services, giving lenders the progressive technology and scalability required to profitably compete in today's rapidly changing residential mortgage market. Promontory MortgagePath's founder, former U.S. Comptroller of the Currency Gene Ludwig, is widely recognized as a visionary thinker on the critical issues confronting financial services, and his companies are renowned for helping community lenders resolve their most pressing challenges. To learn more, visit https://www.mortgagepath.com.

RELATED LINK: https://www.mortgagepath.com/guide-to-the-residential-lending-secondary-market

Promontory MortgagePath LLC, a leading provider of comprehensive digital mortgage fulfillment services, announced Guild Mortgage Correspondent as the most recent addition to its investor network. As part of its comprehensive mortgage fulfillment services, Promontory MortgagePath manages investor relationships on behalf of its community lending clients.

Related link: https://www.mortgagepath.com/

Sales Boomerang releases Q3 2021 Mortgage Market Opportunities Report

WASHINGTON, D.C. /ScoopCloud/ -- Sales Boomerang, the mortgage industry's top-rated automated borrower intelligence and retention system, today released its Q3 2021 Mortgage Market Opportunities Report. Despite marketwide declines in loan volume, Sales Boomerang's report identified several fertile opportunities for mortgage lenders, including a high frequency of borrowers who are well positioned to refinance for a better rate, remove FHA mortgage insurance or tap into home equity.

Methodology

The Mortgage Market Opportunities Report draws on Sales Boomerang system data to identify market opportunities of relevance to today's borrowers and lenders. To generate the report, Sales Boomerang reviewed data from more than 150 residential mortgage lenders that use its borrower intelligence and retention tools to monitor millions of customer and prospect records. Sales Boomerang then calculated the aggregate frequency with which those contact records triggered loan-opportunity, prescriptive-scenario and risk-and-retention alerts during the second and third quarters of 2021.

Key Findings*

Sales Boomerang's loan-opportunity alerts identify the contacts inside a lender's database who are actively shopping for a mortgage loan or who may be able to benefit from a new mortgage loan. Across the sample group, the frequency of each alert type in Q3 2021 was as follows:

* Mortgage Inquiry Alert: 5.27% of monitored contacts (down 10.22% from Q2)

A customer or prospect has shopped with a competitor in the last 24 hours.

* EPO Alert: 2.23% of monitored contacts (down 8.23% from Q2)

A customer or prospect whose loan closed ≤ 6 months ago has shopped with a competitor in the last 24 hours.

* Credit Improvement Alert: 1.32% of monitored contacts (down 40.00% from Q2)

A customer or prospect has improved their FICO score.

* New Listing Alert: 1.04% of monitored contacts (down 24.09% from Q2)

A customer or prospect has listed their home for sale.

* Equity Alert: 8.02% of monitored contacts (down 6.20% from Q2)

A customer or prospect's home equity has increased.

* Rate Alert: 14.75% of monitored contacts (up 10.65% from Q2)

The interest rate of a customer or prospect's existing mortgage is significantly higher than current prevailing rates.

Sales Boomerang's prescriptive-scenario alerts analyze not only whether a consumer could benefit from a given loan type, but also whether or not the consumer is credit-qualified to apply for financing. This additional layer of intelligence makes prescriptive-scenario alerts among the highest-converting available to mortgage lenders today. The frequency of each alert during Q3 2021 was as follows:

* Cash-Out Alert: 4.31% of monitored contacts (up 291.82% from Q2)

A borrower is credit qualified and has built sufficient equity to tap into the cash in their home.

* Rate-and-Term Alert: 3.86% of monitored contacts (up 34.49% from Q2)

A borrower is credit qualified and can benefit from the current interest rates for a refinance.

* Debt Alert: 1.73% of monitored contacts (up 10.19% from Q2)

A borrower is credit qualified and can benefit from paying off other debts with the equity in their home.

* FHA MI Removal Alert: 7.27% of monitored contacts (up 366.03% from Q2)

An FHA borrower has exceeded 20% equity and can remove mortgage insurance (MI).

For a subset of lenders that maintain servicing portfolios, the frequency of risk-and-retention alerts was as follows:

* Risk & Retention Alert: 36.18% of monitored contacts (down 1.23% from Q2)

A customer is engaging in one or more of 15 credit activities that may put their serviced loan at risk

Analysis*

* Many FHA borrowers with mortgage insurance are unaware they have the option to remove their MI once they reach 20% equity. With a 366% quarter-over-quarter increase in FHA MI Removal alerts, lenders have the opportunity to deliver immediate monthly savings to borrowers.

* Although the frequency of Equity alerts fell slightly from Q2 to Q3, nearly one in 12 borrowers saw significant home equity growth over the last quarter. Moreover, the almost 300% quarter-over-quarter increase in Cash-Out alerts shows that borrowers have grown their credit scores alongside their equity, paving the way for more cash-out refinance and HELOC activity in the coming months. The strong performance of equity-based alerts is underscored by key observations from the latest CoreLogic Homeowner Equity Report, which found that the average homeowner gained $51,500 in equity during the past year while U.S. homeowners as a whole have seen their equity increase by a total of nearly $2.9 trillion since the second quarter of 2020.

* As long as interest rates remain low, refi opportunities remain on the table for many borrowers. This opportunity is apparent in the continued quarter-over-quarter growth of the Rate and Rate-and-Term alerts. However, with Mortgage Inquiry and EPO alerts both showing quarter-over-quarter decreases, lenders will need to be proactive in reaching out to potential refi customers, as many eligible customers do not appear to be shopping for rates on their own.

* With market experts long predicting a late 2021 home purchase boom, the 24% quarter-over-quarter decrease in New Listing alerts suggests lenders may need to revise their year-end revenue forecasts.

* Risk & Retention alerts held nearly steady from the second quarter. With more than one in three borrowers exhibiting risky credit behaviors, mortgage servicers should keep a close eye on their portfolios for default risk.

"As industry experts have predicted, we are starting to see the refinance market slow - and the purchase market has not yet picked up the slack," said Sales Boomerang CEO Alex Kutsishin. "Still, the big-picture view says we are still in the midst of a housing boom. Ample purchase and refinance opportunities remain, and our data intelligence points to myriad ways lenders can improve borrowers' financial position with the right loan product."

*Key findings and analysis provided for informational purposes only. The data represented in the Mortgage Market Opportunities report is historical. Past performance is not a reliable indicator of future results. Sales Boomerang accepts no responsibility or liability for readers' use of the key findings or analysis included in this report.

About Sales Boomerang:

Sales Boomerang transformed the relationship between mortgage lenders and borrowers with the introduction of the first automated borrower intelligence system in 2017. The company's intelligent alerts notify lenders as soon as a past customer or prospect is ready and credit-qualified for a loan. As the mortgage industry's #1 borrower retention tool, Sales Boomerang is trusted by more than 150 lenders - including brokers, independent mortgage companies, credit unions and banks - to help build lasting borrower relationships that maximize lifetime customer value. To date, Sales Boomerang alerts have enabled lenders to close more than $30 billion in additional loan volume that would have otherwise been overlooked and achieve customer retention rates that outperform industry norms by an average of 3-5X. To learn more about Sales Boomerang and its No Borrower Left Behind(tm) ethos, visit https://www.salesboomerang.com.

@SalesBoomerang

Sales Boomerang, the mortgage industry's top-rated automated borrower intelligence and retention system, today released its Q3 2021 Mortgage Market Opportunities Report. Despite marketwide declines in loan volume, Sales Boomerang's report identified several fertile opportunities for mortgage lenders, including a high frequency of borrowers who are well positioned to refinance for a better rate, remove FHA mortgage insurance or tap into home equity.

Related link: https://www.salesboomerang.com/

Galway Holdings Announces Formal Close of MAI Capital Management Deal

SAN FRANCISCO, Calif. /ScoopCloud/ -- Galway Holdings ("Galway") today announced its investment in MAI Capital Management, LLC ("MAI") has officially closed. Retaining the MAI Capital Management name, the firm now operates as a part of the Galway Companies. MAI's financial and wealth management services will complement existing business relationships within EPIC Insurance Brokers & Consultants as well as other areas of specialization across all Galway platforms.

MAI is a full-service Registered Investment Adviser (RIA) specializing in comprehensive investment and financial planning for high-net-worth individuals and families. Galway's investment will help MAI accelerate its organic growth trajectory, enhance its client service offerings, and further expand its national presence. The MAI executive team will remain intact.

Notably, Barron's placed MAI on its 2021 Top 100 Independent Advisors list, moving up to position 31. MAI has received this recognition for four years in a row.

John Hahn, Executive Chairman, Galway Holdings said, "We are pleased to have the partnership closed and are ready to move forward with Rick Buoncore and the MAI team by our side, providing capital and resources that will help sustain the continued growth of its premier wealth management platform."

As Galway and MAI execute on their growth plan, they will be seeking additional strategic partners to complement their overall financial services and wealth management offerings.

About Galway Insurance Holdings

Galway Insurance Holdings, LP is a financial services distribution company. It includes EPIC Insurance Brokers & Consultants and a diversified brokerage distribution and underwriting platform, with a focus towards data analytics, technology transformation, and innovative risk sharing solutions.

About MAI Capital Management

MAI Capital Management, LLC is a fee-based registered investment adviser and wealth management firm based in Cleveland with additional regional offices across the country. The firm provides comprehensive investment management and planning services to high-net-worth individuals, families and athletes. For more information, visit https://mai.capital/.

Media Contact:
Betsy Van Alstyne
Betsy.VanAlstyne@galwayholdings.com

Galway Holdings ("Galway") today announced its investment in MAI Capital Management, LLC ("MAI") has officially closed. Retaining the MAI Capital Management name, the firm now operates as a part of the Galway Companies.

HousingWire recognizes Sales Boomerang CEO Alex Kutsishin’s influence on the mortgage industry with 2021 Vanguard award

WASHINGTON, D.C. /ScoopCloud/ -- Sales Boomerang, the mortgage industry's top-rated automated borrower intelligence and retention system, today announced that Co-founder and CEO Alex Kutsishin was selected as a winner of HousingWire's 2021 HW Vanguard awards. The annual awards program recognizes leaders in the mortgage and real estate industries who have made a tangible impact on the housing economy by generating cutting-edge initiatives, products and services.

Kutsishin co-founded Sales Boomerang less than five years ago with the goal of changing the way lenders think about customer retention by creating the nation's first automated borrower intelligence system. His innovative and entrepreneurial spirit has quickly brought the company to prominence in the lending industry, earning it two HousingWire Tech100 awards and building revenue growth of over 3,800% in just its first three years of operation. Sales Boomerang now works with over 150 independent mortgage banks, banks and credit unions for whom it delivered $468 billion in loan opportunities last year alone.

"It is a privilege to be recognized in the highly-competitive HousingWire Vanguard awards," said Kutsishin. "Sales Boomerang would not have its current success without the efforts of our entire team, who have worked tirelessly over the past five years to develop the company into the number one customer retention strategy that it is today."

The highly-competitive HousingWire Vanguard Award recognizes C-Level leaders that are committed to the growth of the housing economy and its numerous sectors, including lending, servicing, investments and real estate. Receiving hundreds of nominations each year, editors and reporters and HousingWire select award winners who have undeniably made an impact on the industry at-large.

"The Vanguards have become one of the highest achievements in housing, and this year's list of award recipients represent an elite group of executives who proved to be resilient and adaptable throughout this past 18 months of extraordinary circumstances in the industry," said Clayton Collins, CEO of HW Media. "The 2021 Vanguards have proven to be true leaders, driving their organizations towards greatness, tackling challenges head on and making major waves in the housing market."

In the past year, Kutsishin oversaw the launch of Prescriptive Scenarios, Sales Boomerang's product line of 'smart' loan scenarios designed to identify the ideal loan for each borrower. By eliminating the loan discovery process, this new addition to the Sales Boomerang suite gives lenders real-time alerts to help them get a better picture of their client, anticipate their needs and build a stronger borrower-lender relationship. Advancements such as this one exemplify the reason why Kutchishin and Sales Boomerang are trusted by hundreds of the highest performing lenders of all types in the industry.

About Sales Boomerang:

Sales Boomerang transformed the relationship between mortgage lenders and borrowers with the introduction of the first automated borrower intelligence system in 2017. The company's intelligent alerts notify lenders as soon as a past customer or prospect is ready and credit-qualified for a loan. As the mortgage industry's #1 borrower retention tool, Sales Boomerang is trusted by more than 150 lenders - including brokers, independent mortgage companies, credit unions and banks - to help build lasting borrower relationships that maximize lifetime customer value. To date, Sales Boomerang alerts have enabled lenders to close more than $30 billion in additional loan volume that would have otherwise been overlooked and achieve customer retention rates that outperform industry norms by an average of 3-5X. To learn more about Sales Boomerang and its No Borrower Left Behind(tm) ethos, visit https://www.salesboomerang.com.

Sales Boomerang, the mortgage industry's top-rated automated borrower intelligence and retention system, today announced that Co-founder and CEO Alex Kutsishin was selected as a winner of HousingWire's 2021 HW Vanguard awards.

Related link: https://www.salesboomerang.com/

Agile Launches MBS Pool Bidding

PHILADELPHIA, Pa. /ScoopCloud/ -- 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.

"Before this release, most clients conducted the spec pool bidding process via email and spreadsheets. Lenders send out pool details to their approved dealers and bids are sent back via email. This process is effective but not efficient," comments Phil Rasori, COO at Agile. "We're going to change that. Through Agile, lenders and dealers can exchange bids and conduct best execution analysis with access to robust loan-level data. And better data leads to sharper pricing."

As securitization rates increase, an increasing number of lenders may be exploring specified pools for the first time. Agile is launching MBS pool bidding to help bring lenders and dealers together more seamlessly, offering both user-friendly technology and high-touch customer service.

Agile's new MBS pool bidding offering includes:

* Efficiency and convenience by ingesting and streamlining email workflows into the Agile platform

* Best execution analysis on pool bids compiled automatically

* Granular loan-level data with all the specific characteristics lenders need to get sharper pricing

* Wide network of dealers returning bids at the push of a button

Curtis Richins, President & CEO of Agile, notes, "We've been partnering closely with a number of clients on our new MBS pool bidding offering after listening to many of the current challenges they face in the current BWIC process. We're excited to introduce MBS pool bidding to the marketplace because we believe the automation of this area of the industry was overdue. This is all part of our mission to revolutionize and digitize the mortgage capital markets."

Agile will be debuting the MBS pool bidding functionality on an industry webinar planned for October 14, 2021: https://trade-agile.com/webinar-introducing-agile-creating-a-better-mbs-market-for-all/

About Agile

The industry's first MBS fintech, Agile brings together lenders and dealers of all sizes onto a single platform. Agile facilitates the exchange of TBA MBS by securing and automating communication between mortgage lenders and broker-dealers. Agile digitizes the historically phone-based process to an electronic platform which may improve profitability and efficiency, while reducing administrative errors. Through its competitive TBA RFQ digital platform, mortgage lenders gain access to national and regional broker-dealers previously inaccessible on digital platforms, while broker-dealers gain access to an ever-growing network of lenders.

Based in Philadelphia, Agile Trading Technologies supports a national network of clients with a team of capital markets professionals who have deep trading experience at financial organizations of every size.

For more information, visit: https://trade-agile.com/

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.

Related link: https://trade-agile.com/

Trion Properties Launches Third Fund; Targets $175-200 Million in Buying Power Focused on Southeast and Western Multifamily Properties

LOS ANGELES, Calif. /ScoopCloud/ -- Trion Properties, a private equity real estate firm based in West Hollywood, California and Miami, Florida specializing in value-add multifamily investments, has announced the launch of Trion Multifamily Opportunity Fund III, LLC, its third investment fund vehicle.

The fund, which will target $75 million in equity to deliver $175-200 million in buying power, will primarily invest in the acquisition, improvement, and repositioning of undervalued and opportunistic multifamily assets in Western and Southeastern U.S. markets. Fund III anticipates acquiring 8-12 properties over its investment period.

The launch of this fund comes on the heels of the closing of the firm's second fund, which has 215 diverse investors, including accredited high net worth investors, RIAs, and family offices, and is allocated across value-add and opportunistic multifamily investments within growing submarkets demonstrating strong growth fundamentals, according to Max Sharkansky, Managing Partner at Trion Properties.

"With our first two funds, we executed an investment strategy that proved quite resilient, which allowed us to take advantage of several significant opportunities during both incredibly strong and uncertain economic times," says Sharkansky. "We are able to leverage our long-standing industry relationships to acquire these opportunities primarily through off-market transactions. This enabled us to build a strong portfolio of communities, acquired for highly competitive prices, which were positioned to provide strong returns to our investors."

To date, the firm has acquired 64 properties and has completed more than $1 billion in transactions.

Mitch Paskover, Managing Partner at Trion Properties adds, "Trion's sole focus on our proven strategy of acquiring and repositioning undervalued multifamily assets in key markets, combined with our vertically integrated property management platform, has led to demonstrable success. The average investor annualized return on our properties exceeds 30% annually, and all properties purchased with Funds I and II have either met or exceeded projections or are on pace to do so. We will continue to implement this strategy on assets acquired with Fund III on an expanded scale."

Fund III is targeting investor-level annualized returns of 13% to 15% over a 6-8-year period, with early "seed investors" receiving preferred economics. As with the firm's first two funds, the firm plans to drive value through heavy renovations, re-branding and a hands-on management approach.

"We offer a competitive advantage to investors by having in-house acquisition, project management, property management, debt sourcing, and construction teams," says Sharkansky. "This combination makes us unique and specialized in the markets we target, allowing us to add value where other sponsors cannot."

Selecting assets with longevity and endurance is essential to the firm's acquisition strategy, adds Paskover.

"We have established a foothold in several Western markets, including becoming the most active buyer in the Portland area based on number of transactions, and are eager to continue applying this strategy in those markets and others demonstrating strong growth fundamentals - including the Southeast region, where we recently established a second office," says Paskover.

Trion's current multifamily portfolio encompasses over 1,250 units across Los Angeles, San Diego, the Bay Area, Colorado, and the greater Portland Area. In addition to the Southeast, the firm is also seeking opportunities to acquire in Salt Lake City and Seattle, notes Sharkansky.

Based on solid fundamentals, continued demand and shortage of supply in multifamily housing in these markets, Trion is anticipating strong performance for its investment platform over the long term.

About Trion Properties

Founded in 2005 and headquartered in Los Angeles, Trion Properties is a private equity real estate firm that invests in value-add multifamily throughout the west coast. Trion has completed more than $1 billion in transactions, with a portfolio of over $550 million in assets, generating an average internal rate of return in excess of 30 percent. With its fully built-out operator platform, Trion has repositioned and stabilized undervalued assets, leveraging its expertise in real estate finance and renovation of multifamily properties to drive returns for its investors.

Since its inception, Trion has acquired the fee interest-or in certain instances the debt secured by the fee interest-of over 3,550 multifamily units. To date, Trion has successfully repositioned and resold over 1,750 units and over 200,430 square feet of commercial real estate space.

The principals of Trion Properties are Max Sharkansky and Mitch Paskover, two real estate professionals with over 30 years of combined experience in finance, acquisitions, management and redevelopment. Additional information is available at https://trionproperties.com/.

RELATED LINKS:

https://trionproperties.com/investments/portfolio/multifamily-opportunity-fund-iii/

https://trionproperties.com/investments/investment-track-record/

https://trionproperties.com/investments/multifamily-portfolio/

Trion Properties, a private equity real estate firm based in West Hollywood, California and Miami, Florida specializing in value-add multifamily investments, has announced the launch of Trion Multifamily Opportunity Fund III, LLC, its third investment fund vehicle.

Related link: https://trionproperties.com/

Skyway.com Answers Buyers’ Need For Rapid Online Condo Insurance In Fast-Paced Housing Market

ST PETERSBURG, Fla. /ScoopCloud/ -- It is no secret that the housing market in Florida is hot. Properties move fast, and consumers are finding more ways to make all parts of buying and owning a home quick, easy, and mostly online. One insuretech, UPC Insurance®, answered the consumer call for the ability to almost instantly have an estimate of what a policy will cost, and the ability to buy a Florida Condo policy completely online with Skyway.com.

"From e-commerce to ride-sharing apps, consumers are increasingly choosing the convenience of online solutions that are quick and effective," said Chris Griffith, COO and CIO of St. Petersburg-based UPC Insurance and President of Skyway.com. "UPC is proud to be a pioneer in direct-to-consumer condo insurance policies... Customers can get a quote in seconds and bind and pay for that policy within minutes."

Lisa Sparks with Jason Mitchell Real Estate confirms the cost of insurance is something that buyers want to have an estimate on before they commit to buying a home. Skyway.com consumers are now able to see the estimated insurance premium for a Florida HO6 condo unit owners policy in seconds. This boosts buyers' confidence: they know they can afford the unit with all expenses, including the insurance cost, without the delay of a traditional quest for similar information on the phone or filling out forms online.

In this market, minutes matter! Realtors are finding it is not unusual for multiple prospective buyers to be lined up in their cars, waiting to see a new listing. Buyers in Florida don't want to lose out on a great unit because they are waiting to hear back on an insurance quote. Sparks confirms having an instant quote prior to submitting their offer is just one more level of uncertainty that can be removed from the transaction, giving buyers a competitive edge when they go into a multiple offer situation.

Skyway.com was designed to be very consumer-friendly. UPC Insurance® collaborated with Swash Labs to ensure the user experience is fast and easy to use. The end result is clear skies ahead for buyers looking to secure a new condo in today's competitive Florida housing market.

Learn more: https://www.skyway.com/

Facebook: https://www.facebook.com/skywaycoastal/

About UPC Insurance

Founded in 1999, UPC Insurance is an insurance holding company that sources, writes and services personal and commercial residential property and casualty insurance policies using a group of wholly owned insurance subsidiaries through a variety of distribution channels. The Company currently writes policies in Connecticut, Florida, Georgia, Louisiana, Massachusetts, New Jersey, New York, North Carolina, Rhode Island, South Carolina and Texas. From its headquarters in St. Petersburg, UPC Insurance's team of dedicated professionals manages a completely integrated insurance company, including sales, underwriting, customer service and claims. For more information, visit: https://www.upcinsurance.com/.

About Swash Labs

Swash Labs is an award-winning, full-service advertising agency based in Denton, Texas. Established in 2011, Swash Labs uses the art and science of storytelling and behavioral economics in work focused on digital media, emerging communications technology, and modern brand development for clients across the United States. Swash helps clients define and solve business problems with big creative ideas that work. For more information, visit: https://swashlabs.com/.

It is no secret that the housing market in Florida is hot. Properties move fast, and consumers are finding more ways to make all parts of buying and owning a home quick, easy, and mostly online. One insuretech, UPC Insurance®, answered the consumer call for the ability to almost instantly have an estimate of what a policy will cost, and the ability to buy a Florida Condo policy completely online with Skyway.com.

Related link: https://www.upcinsurance.com/

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

MACON, Ga. /ScoopCloud/ -- 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. In this role, McLaughlin will train and assist lenders as they implement LBA Ware's incentive compensation management (ICM) platform CompenSafe™ to its full capabilities, giving them unrivaled control over their variable compensation plans and processes.

McLaughlin has over 30 years experience in the mortgage industry, first launching her career as a receptionist at a mortgage lender. McLaughlin went on to gain experience in loan origination, processing, underwriting, closing and operations, making her an exceptionally well-rounded player in her field. Most recently McLaughlin served as a compliance product implementation manager for lending compliance risk software company QuestSoft.

"Lyndal possesses an impressive breadth of practical knowledge of the mortgage industry and enthusiasm for supporting clients as they roll out new software," said LBA Ware Founder and CEO Lori Brewer. "Her expertise makes Lyndal a valuable addition to the LBA Ware team. I know she will be an asset to our clients as they seek to maximize the benefits they receive from CompenSafe."

As a software implementation consultant McLaughlin will train LBA Ware clients to use CompenSafe to create more efficient compensation plan management processes, monitor those plans, centralize plan data and effectively communicate the calculation of commissions and bonuses to incentive-eligible employees, giving them full transparency into their pay.

"Given the extremely wide variety of compensation plans that mortgage companies oversee, managing payroll can be a real hassle," said McLaughlin. "That's why I'm thrilled to be working with LBA Ware, a company that offers clients a flexible, automated solution for managing incentive compensation."

About LBA Ware™:

LBA Ware is a leading provider of cloud-based software for mortgage lenders. Since 2008, LBA Ware has been on a mission to help mortgage companies reach new heights with software that integrates data, incentivizes performance and inspires results. Today, more than 100 lenders of all sizes, including some of the nation's top producing mortgage companies, use LBA Ware's award-winning technology to enhance lender experiences and maximize the human potential within their organizations. A 2021 Inc. 5000 fastest-growing private company, LBA Ware is headquartered in Macon, Georgia. For more information, visit https://www.lbaware.com/.

Twitter: @LBAWare #mortgagelending #mortgagetrends #mortgageindustry

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.

Related link: https://go.lbaware.com/

Expetitle Closes $2.3 Million Seed Plus Round

MIAMI, Fla. /ScoopCloud/ -- Expetitle, a digital title company and a leader in remote real estate closings, announced today it has closed their $2.3 million Series Seed Plus financing round. The investment will help the company aggressively expand its sales and marketing efforts.

The oversubscribed round included participation from Beagle Ventures, LAB Ventures, TBD Angels, and several prominent family offices including the owners of one of the largest home purchasers in the US. Other contributors include Patrick Dwyer, Head of Silicon Valley Bank Miami, and Shai Goldman, Director at Brex.

Pablo Vicuña and Pedro Cabezon of Beagle Ventures led the round, stating, "We are excited to partner with Expetitle for its strong management team and the incredible market opportunity. We have been impressed with both the product and the organization so far, and know we can bring the expertise to help take Expetitle to the next level." Luke Burns led the investment from TBD Angels adding, "We're excited Expetitle is going to be joining the TBD portfolio. The mixture of their value-proposition, team, and unique go-to-market strategy lines them up for a really big opportunity in a space ready for disruption."

"Expetitle is disrupting title insurance from the ground up," said Sean Daly, the company's CEO and co-founder. "Consumers today can find a home online, tour it virtually, and arrange financing from their laptop, but when it comes to the closing process, most transactions still happen in a lawyer's office with a thick stack of paper. Expetitle has changed that with a fully remote process, giving buyers, sellers, and their agents everything they need with just a click of a button. With this new capital, we will be rolling out our solution to new states and with new partners across the country."

About Expetitle:

Founded in January 2019, Expetitle was born out of the LAB Ventures startup studio. Expetitle is a multi-state title company, operating in Florida, Georgia, and Texas, that delivers fully digital and hybrid closings through one secure collaborative platform that adds transparency to the entire closing process. Expetitle's mission is to provide a better, transparent closing experience for buyers, sellers, and their agents and brokers. Today's consumer is used to doing everything on their phone in real-time, why should buying a home be any different? To learn more about Expetitle, visit https://www.expetitle.com/.

Expetitle, a digital title company and a leader in remote real estate closings, announced today it has closed their $2.3 million Series Seed Plus financing round. The investment will help the company aggressively expand its sales and marketing efforts.

Related link: https://www.expetitle.com/

FormFree to host second annual Heroes Golf Classic on October 29, 2021 in support of the American Red Cross of Northeast Georgia

ATHENS, Ga. /ScoopCloud/ -- FormFree® today announced it will be the returning host and sponsor of the second annual Heroes Golf Classic, which will be held on October 29, 2021, at Château Élan Winery and Resort in Braselton, Georgia. Proceeds from this event will benefit the American Red Cross of Northeast Georgia, a 501(c)(3) nonprofit organization that provides emergency assistance and preparedness education to communities affected by disaster.

The Heroes Golf Classic welcomes both companies and individuals to support humanitarian work done by the American Red Cross of Northeast Georgia by registering to play or sponsoring the event. Participants may request that their contributions specifically be allocated to Hurricane Ida relief.

"For decades, the American Red Cross of Northeast Georgia has been a bastion of support connecting Athens-area communities with resources and services to weather hardships - from hurricanes to a public health pandemic," says FormFree Founder and CEO Brent Chandler. "It is a great privilege to bring our partners and neighbors together to raise money for an organization that strengthens our community each and every day."

Chateau Elan is a luxury meeting destination nestled in the North Georgia foothills just 40 minutes outside of Atlanta. Lauded for its 45 holes of championship golf, full-production winery, European health spa and world-class amenities, the 3,500-acre resort provides warm southern hospitality along with beautiful views akin to the French countryside.

"For a second year, FormFree has stepped up to support its community by organizing a fun, open-air event that gives us a chance to safely connect over a great cause," said Marlon Trone, executive director of the American Red Cross of Northeast Georgia. "We invite everyone to spread the word about the event. This year there are many opportunities for those who are unable to attend to contribute to our mission."

FormFree has a longstanding partnership with the American Red Cross of Northeast Georgia and was recently named the chapter's Corporate Blood Sponsor of the Year. Director of Marketing Sarah Crossley and Account Manager Laura Graben are co-chairs of the chapter's Young Professionals Advisory Board. Chandler has served on the organization's board of directors since 2017.

Participation in the second annual Heroes Golf Classic will help fund continuing efforts to carry out the Red Cross mission in Northeast Georgia despite the COVID-19 environment, provide assistance to communities devastated by Hurricane Ida and facilitate blood drives.

To register for the event, visit https://cegc-2021americanredcross-heroesgolfclas.golfgenius.com/register.

Those who are unable to attend the Heroes Golf Classic can support the American Red Cross of Northeast Georgia by making a donation at https://www.redcross.org/donate/donation.html/.

About FormFree®

FormFree® is a market-leading fintech company whose revolutionary products AccountChek® and Passport® make for a more inclusive credit decisioning landscape by enabling lenders to understand people's true ability to pay (ATP®). To date, thousands of U.S. lenders and brokers have ordered millions of FormFree's patented verification reports representing trillions of dollars in loan verifications. FormFree delights borrowers and lenders with a paperless experience, dramatically reduces origination timelines and offers automated analysis and standardized delivery to lenders and investors using a secure ReissueKey®. For more information, visit https://www.formfree.com/ or follow FormFree on LinkedIn.

About the American Red Cross:

The American Red Cross shelters, feeds and provides emotional support to victims of disasters; supplies about 40 percent of the nation's blood; teaches skills that save lives; provides international humanitarian aid; and supports military members and their families. The Red Cross is a not-for-profit organization that depends on volunteers and the generosity of the American public to perform its mission. For more information, please visit https://www.redcross.org/ or http://www.cruzrojaamericana.org/.

Twitter: @RealFormFree @GARedcross @NEGAARC #HeroesGolfClassic

FormFree® today announced it will be the returning host and sponsor of the second annual Heroes Golf Classic, which will be held on October 29, 2021, at Château Élan Winery and Resort in Braselton, Georgia. Proceeds from this event will benefit the American Red Cross of Northeast Georgia, a 501(c)(3) nonprofit organization that provides emergency assistance and preparedness education to communities affected by disaster.

Related link: https://www.formfree.com/

Klingenstein Fields Advisors named to Barron’s Top 100 RIA Firms for 2021

NEW YORK, N.Y. /ScoopCloud/ -- Klingenstein Fields Advisors (KF Advisors), an independent investment advisor with approximately $4.5 billion in assets under management (AUM), has been named to Barron's Top 100 RIA Firms for 2021. This is Barron's sixth annual ranking of registered independent advisory firms and recognizes top advisory firms nationwide.

Firms are asked to complete an extensive questionnaire in order to be considered, and criteria encompass "both qualitative and quantitative criteria, including: the assets a firm manages and the revenue those assets generate; regulatory record; staffing levels and diversity; technology spending; succession planning, and more."

"We are thrilled to be recognized as one of Barron's Top 100 RIA Firms this year," said Kenneth D. Pollinger, Co-Chairman and CEO of KF Advisors. "This honor reflects the hard work and dedication of our entire team. We are committed to continuing to serve our clients with a high level of expertise and attentiveness to help them achieve their financial goals."

According to Barron's, the goal of the rankings is "to shine a spotlight on the nation's best financial advisors, with an eye toward raising standards in the industry." Advisors who wish to be ranked complete a 102-question survey, and this data is verified by Barron's before it applies its proprietary rankings formula to the data. Ranking the firms is "meant as a starting point for clients looking for an advisor."

KF Advisors is an independent advisor registered with the Securities and Exchange Commission and based in New York City. For over 30 years, KF Advisors has been solely dedicated to helping individuals, families, and organizations achieve their legacy, philanthropic, and funding goals through customized wealth planning and investment management.

More information: https://www.klingenstein.com/.

MULTIMEDIA:

LOGO link for media: https://www.Send2Press.com/300dpi/20-0826s2p-kfadv-logo-300dpi.jpg

Klingenstein Fields Advisors (KF Advisors), an independent investment advisor with approximately $4.5 billion in assets under management (AUM), has been named to Barron's Top 100 RIA Firms for 2021. This is Barron's sixth annual ranking of registered independent advisory firms and recognizes top advisory firms nationwide.

Related link: http://www.klingenstein.com

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

LEHI, Utah /ScoopCloud/ -- SimpleNexus (https://simplenexus.com/), 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.

Electronic promissory notes (eNotes) are more secure and accurate than their paper counterparts and give borrowers more time to review and understand closing documents. They also save lenders time and money because they come with an automated audit trail and can be delivered quickly and efficiently to the secondary market.

DocMagic's eVault is a secure repository that provides lenders with the ability to access, manage and store eNotes and other electronic mortgage records on a short- or long-term basis. By offering proactive, real-time control of electronic loan files, eVault technology reduces cycle times and improves process efficiencies throughout the mortgage lifecycle.

"Capital markets funding is the lifeblood of retail mortgage lending. Digitizing loan documents and lending processes will lower costs to the retail customer and increase returns for mortgage lenders and investors," said Craig Focardi, senior analyst, banking at Celent, a research firm that advises financial companies on technology. Celent estimates the market for eNote transactions will grow by nearly 20% in 2021.

"To stay competitive in this market and future markets, lenders need to adopt eClosing solutions that allow them to generate, sign, store and deliver eNotes as part of a complete eMortgage transaction," said Dominic Iannitti, president and CEO of DocMagic. "We're pleased to offer these capabilities to more lenders through our integration with SimpleNexus."

Nexus Closing™ provides borrowers a memorably modern closing experience as part of an end-to-end, single-sign-on homebuying experience that increases repeat and referral business. In addition to integrating DocMagic's eVault technology, Nexus Closing comes with integrated remote online notarization (RON) and eSigning. It has been certified to meet both Fannie Mae and Freddie Mac's technical requirements for eClosing, eNote and eVault functionality and is compatible with the GSEs' respective eNote delivery systems.

"A fully digital closing, complete with eNote and eVault, is the last hurdle lenders must clear before offering borrowers and investors the myriad benefits of an eMortgage. We're pleased to now offer these capabilities via our integration with DocMagic," said SimpleNexus Chief Product Officer Shane Westra. "In a market cluttered with half-baked solutions, we've made it our mission to assemble the most comprehensive and singularly exceptional homebuying experience in the business."

About SimpleNexus, LLC:

SimpleNexus is a homeownership platform transforming the mortgage experience and connecting borrowers, loan officers, real estate agents and settlement service providers throughout the homebuying process. The platforms' native mobile toolset enables lenders to originate, process and close home loans from anywhere with increased efficiency and convenience. Loan officers can manage their loan pipelines, order credit, run pricing, send pre-approvals, sign disclosures and execute eClosings - all on the go. SimpleNexus provides borrowers with a single sign-on experience from home search to the application, document upload, eClose and beyond for a more streamlined homeownership journey.

About DocMagic:

DocMagic, Inc. is the leading provider of fully compliant document generation, automated compliance, eSignature and comprehensive eMortgage solutions for the mortgage industry. Founded in 1987 and headquartered in Torrance, Calif., DocMagic, Inc. develops award-winning software, mobile apps, and web-based systems for the production and delivery of compliant loan document packages. The company's solutions connect industry participants, promote collaboration, and ensure data integrity to execute precision-based digital lending transactions. DocMagic's compliance experts and in-house legal staff consistently monitor legal and regulatory changes at both the federal and state levels to ensure accuracy. For more information on DocMagic, visit https://www.docmagic.com/.

Twitter: @SimpleNexus @DocMagic #TotaleClose #eClosing #digitalmortgage #mortgageindustry #mortgagelending

LOGO LINKS FOR MEDIA:

[1] https://www.Send2Press.com/300dpi/21-0923s2p-simplenexus-logo-300dpi.jpg

[2] https://www.Send2Press.com/300dpi/21-0923-docmagic-logo-300dpi.jpg

RELATED LINKS:

https://www.simplenexus.com/emortgage/

https://www.docmagic.com/evault

https://www.celent.com/

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.

Related link: https://simplenexus.com/

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

DANBURY, Conn. /ScoopCloud/ -- 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.

"Bryan's promotion and the addition of Helen signify our need to expand our top talent to fuel our growth," said Promontory MortgagePath Founder and CEO Gene Ludwig. "Bryan has been an exceptional team member, and Helen's deep expertise and success in mortgage banking are just the right combination to help our clients continue to grow and expand market share. On behalf of our entire team, I want to congratulate Bryan on this well-deserved promotion and welcome Helen to Promontory MortgagePath."

Prior to his promotion, DeShasier was Managing Director of Product and Process. In addition to his work on the company's point-of-sale (POS) technology, Borrower Wallet(r), he was instrumental to the development and launch of Transform, Promontory MortgagePath's latest service delivery model combining licensed loan coordinators, POS technology and fulfillment services to offer a complete mortgage operations platform from application to close. DeShasier played a key role in launching Promontory MortgagePath's initiative to support community development financial institutions' (CDFIs) and minority depository institutions' (MDIs) efforts to expand access to credit and homeownership in underserved communities. Since then, he has helped onboard the program's first two participants.

Placente has more than 25 years of experience in the mortgage banking industry. Most recently, she served as Senior Vice President of Servicing Management at Freedom Mortgage Corporation, where she was called upon to launch the company's servicing outreach program to assist borrowers affected by the COVID-19 pandemic, as well as those experiencing non-pandemic-related financial hardships. Placente also served as Vice President of Wholesale at Mr. Cooper, where she monitored underwriting processes and was the business lead for pre- and post-funding in the quality control department. She has also held executive-level positions in mortgage servicing and originations, non-retail lending, quality assurance and risk management for Caliber Home Loans, TIAA Bank (formerly EverBank) and Aurora Bank.

"Having worked closely with both Bryan and Helen in the past, I am thrilled to have them on our executive team," said Debora Aydelotte, Chief Operating Officer at Promontory MortgagePath. "Their talent, drive and resourcefulness are tremendous assets to Promontory MortgagePath as we deliver the digital mortgage tools and operational support community lenders need to profitably compete in the current mortgage market."

To learn more or find opportunities at Promontory MortgagePath, visit https://www.mortgagepath.com/careers.

About Promontory MortgagePath LLC | NMLS ID 1532373

Promontory MortgagePath is a fast-growing team of passionate problem solvers on a mission to fundamentally change the way lenders approach their mortgage business. The company combines an intuitive, collaborative digital mortgage platform with modern, comprehensive fulfillment services, giving lenders the progressive technology and scalability required to profitably compete in today's rapidly changing residential mortgage market. Promontory MortgagePath's founder, former U.S. Comptroller of the Currency Gene Ludwig, is widely recognized as a visionary thinker on the critical issues confronting financial services, and his companies are renowned for helping community lenders resolve their most pressing challenges. To learn more, visit https://www.mortgagepath.com.

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.

Related link: https://www.mortgagepath.com/

#HousingDC21 Sets Attendance Record

WASHINGTON, D.C. /ScoopCloud/ -- Housing Finance Strategies Founder & CEO Faith Schwartz today recapped the successful two-day #HousingDC21 virtual conference held on September 20-21 of this week.

"With more than 1,600 registered participants, our success in hosting the nation's preeminent housing conference is a testament to our sponsors and the quality of the content we delivered," said Schwartz of #HousingDC21.

Sponsors included Black Knight Financial Services, Caliber Home Loans, Chase, Class Valuation, CoreLogic, Depth PR, FICO, First American, FormFree, Freedom Mortgage, Genworth, Mortgage Connect, Mr. Cooper, Notarize, ReverseVision, RiskSpan, USMI, Volly | Home Captain, Wells Fargo and Women in Housing & Finance.

The content featured at #HousingDC21 included an opening Day One focus on Diversity, Equity and Inclusion and a Day Two concentration on the mortgage business from the perspective of industry leaders, fintech innovators, regulators, academia, advocacy executives and officials from the Biden Administration's Domestic Policy Council, US Department of Housing and Urban Development and Consumer Financial Protection Bureau.

The two-day event included important discussions on climate change, appraisal bias, source data, nimble tech, 3D scanning, minority homeownership, credit invisibles, CARES Act forbearance, IMB regulation, mortgage compliance, government lending and diversity, equity and inclusion

"Like many organizations, we at Housing Finance Strategies are performance based. In planning #HousingDC21, we forecasted 1,300 registered participants. We exceeded our goal by 25% with over 1,600 individuals representing more than 500 companies, non-profits and government agencies from more than 30 states," said Housing Finance Strategies' Schwartz.

One of the benefits of the virtual #HousingDC21 event is the on-demand content. Registered attendees may view each panel and segment at their convenience.

Housing Finance Strategies was established by Faith Schwartz in 2016 as a professional services and advisory firm specializing in mortgage modernization, housing policy and legislative and regulatory affairs. Schwartz serves on a number of bank and fintech boards and has a lengthy record of hosting and moderating housing industry events.

MORE INFORMATION:

https://housingfinancestrategies.com/

https://www.linkedin.com/in/faithschwartz/

Housing Finance Strategies Founder & CEO Faith Schwartz today recapped the successful two-day #HousingDC21 virtual conference held on September 20-21 of this week.

Related link: https://housingfinancestrategies.com/

Alyssa Gelper Joins Klingenstein Fields Advisors as a Managing Director, Senior Advisor, in New York

NEW YORK, N.Y. /ScoopCloud/ -- Klingenstein Fields Advisors (KF Advisors), an advisory firm providing personalized wealth and investment management to individuals, families, and non-profits, is pleased to announce that Alyssa Gelper has joined the firm as a Managing Director, Senior Advisor. Ms. Gelper will be responsible for managing client relationships and advising high-net-worth and institutional clients on a range of wealth, planning, and investment management issues.

Most recently, Ms. Gelper was with HSBC in the Private Bank as Head of US Collaboration, where she spearheaded cross-divisional business development efforts in the US. While there, Ms. Gelper also built an initiative dedicated to serving women's unique wealth management needs. In a prior position at Bank of America Merrill Lynch, Ms. Gelper was responsible for delivering private wealth management services to corporate and investment banking clients.

Ms. Gelper held other positions at Citigroup Private Bank and Goldman Sachs Private Wealth Management, where she provided comprehensive estate and philanthropic services to meet the complex needs of high-net-worth individuals and families. Ms. Gelper began her career as an attorney in the Trust and Estates group at Fried, Frank. Ms. Gelper earned a B.S. in Economics Cum Laude, from The Wharton School of University of Pennsylvania and a J.D., Cum Laude, from the Benjamin N. Cardozo School of Law at Yeshiva University, where she was an Editor of the Cardozo Law Review.

"Alyssa's dedication to meet and exceed client objectives, combined with her extensive experience in wealth and investment management will enhance our ability to serve our clients' needs," said Susan H. Curry, Chief Operating Officer and Senior Vice President at KF Advisors. "We are excited to incorporate Alyssa's expertise into our customized offering for clients."

More information: https://www.klingenstein.com/.

MULTIMEDIA:

LOGO link for media: https://www.Send2Press.com/300dpi/20-0826s2p-kfadv-logo-300dpi.jpg

Klingenstein Fields Advisors (KF Advisors), an advisory firm providing personalized wealth and investment management to individuals, families, and non-profits, is pleased to announce that Alyssa Gelper has joined the firm as a Managing Director, Senior Advisor.

Related link: http://www.klingenstein.com

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

CORONA, Calif. /ScoopCloud/ -- 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. The partnership equips mortgage lenders to help homebuyers with high monthly federal student loan payments achieve better home financing outcomes by enrolling in federal student loan Income Driven Repayment (IDR) plans and Public Service Loan Forgiveness (PSLF).

Despite strong incomes and credit scores, many of the 42.9 million Americans with federal student loan debt are either denied home financing or have reduced home purchasing power because they have higher debt-to-income ratios (DTIs) due to student loans. Many mortgage lenders and consumers do not know about federal IDR plans, which can substantially reduce monthly student loan burden for borrowers of every income level and for borrowers who carry student debt and did not graduate.

Mortgage Coach's partnership with LoanSense gives lenders access to a purchasing power calculator that determines how much borrowers' monthly student loan payments can be reduced - and how much their home purchasing power can be increased - through enrollment in an IDR plan. Once borrower eligibility is determined, loan originators can electronically refer borrowers who would benefit from enrolling in an IDR plan to LoanSense, where they will receive assistance navigating the complexities of correctly completing and submitting their IDR application. Upon IDR plan enrollment, LoanSense notifies lenders so they may resume the home financing process with increased purchase power, which can be accessed in as little as three weeks.

LoanSense also helps eligible consumers correctly enroll in PSLF, which discharges remaining federal student loan debt after 10 years of full-time employment in public service.

Alongside each LoanSense purchasing power calculation, Mortgage Coach generates a Rent vs. Own Total Cost Analysis (TCA), which compares the costs and equity gains of renting, owning and owning a more valuable home with increased purchase power over time. The instant accurate illustration of the borrower's adjusted monthly student loan burden and mortgage benefits is a first-of-its-kind innovation, giving lenders the ability to educate and support borrowers making homeownership more accessible.

"Addressing the barrier student loans present to homeownership is part of Mortgage Coach's ongoing and relentless effort to equip lenders with data and technology benefits to better serve their communities with more home financing options," said Mortgage Coach President Joe Puthur. "The impact of reducing a borrower's student loan payment by a few hundred dollars a month can be life-altering. It could mean $50,000 more for a better school district, an extra bedroom or closer proximity to employment."

"LoanSense is a mission-driven organization committed to helping improve the financial outcomes with our unique technology for the millions of Americans in student loan debt," said LoanSense Founder and CEO Catalina Kaiyoorawongs. "A home is 80% of the average American's wealth at retirement and delaying access to student-debt burdened borrowers will have major socio-economic impacts. We are pleased to integrate and partner with Mortgage Coach, who is equally committed to improving financial and homeownership outcomes for all prospective borrowers."

"The LoanSense integration is available to any Mortgage Coach member, including our Broker Edition subscribers," added Kelli Hodges, COO of Mortgage Coach. "Everyone on the homeownership journey and every professional we serve should have access to this path of more affordable financing."

About Mortgage Coach

Mortgage Coach is the industry's leading platform that allows mortgage lenders to create digital and accurate home loan comparisons for consumers. With the Total Cost Analysis presentation, lenders can create a multi-option comparison, offering the borrower a more personalized digital experience. This level of transparency has revolutionized the rate quoting and pricing process allowing borrowers to make faster, more informed mortgage decisions and ultimately, increase production and pipeline conversion for lenders of any size. For more information on how to start using borrower education as a competitive advantage, please visit http://www.mortgagecoach.com/.

About LoanSense

LoanSense is a student loan digital advisor. Seventy-one percent of those filing into federal loan programs unknowingly commit errors and get rejected from loan forgiveness costing them thousands of dollars. With LoanSense, borrowers get matched to the best federal loan repayment plan and get payments counted towards loan forgiveness, saving them thousands of dollars. For more information, visit http://www.myloansense.com/ or follow LoanSense on LinkedIn, Facebook, and Twitter.

Twitter: @MortgageCoach @LoanSenseapp #studentloans #homeownership

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.

Related link: http://mortgagecoach.com/

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

MACON, Ga. /ScoopCloud/ -- 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. The customer satisfaction KPI allows lenders to measure the customer experience as rated by borrowers, co-borrowers, real estate agents and other parties to a loan across the home financing journey and incorporate it into the performance evaluations of branch locations and individuals across the lending organization.

"With this integration, our customers will gain a more well-rounded view of their organization's performance through customer feedback," said LBA Ware Founder and CEO Lori Brewer. "It's not always easy to convert customer feedback into actionable data, but by working with Experience.com, LBA Ware has found a way to not only standardize the data, but also to allow lenders to customize which data points to track and when to track them. With more than 100 trackable KPIs available in LimeGear, lenders have the ability to gather a data-driven view across almost every part of their organization."

The customer satisfaction KPI resides within LimeGear's visually intuitive performance management dashboard. Because LBA Ware's partnership with Experience.com tracks customer feedback surveys by loan number, lenders can tie customer experience to performance scorecards for loan officers, processors, branch locations and more. As with LimeGear's other KPIs, lenders can assign a relative weight to the customer experience metric as part of an overall performance score. Role-based scorecards provide an at-a-glance view of how employees rank among their peers for volume, units and other configurable conditions.

"Nearly every lender deploys some kind of post-close survey to track customer satisfaction, but many lack a way to integrate the results into business intelligence," said Experience.com SVP of Partnerships Craig Pollack. "For lenders currently measuring the performance of loan officers and other team members purely on volume and profitability metrics, there is often a blind spot of including customer satisfaction as a trackable metric. This integration removes that blind spot and gives lenders a look at the bigger picture of performance as well as the ability to refine future customer satisfaction surveys as the picture comes into focus."

LBA Ware will be joined by Experience.com Vice President of Financial Services Kristin Messerli in LBA Ware's upcoming webinar, The Myths that Keep Millennials from Buying: Data-Driven Direction for Growing Your Share of America's Largest Homebuyer Market, which takes place October 6, from 1-2 pm ET. Registration is now open and required to attend.

About LBA Ware™:

LBA Ware is a leading provider of cloud-based software for mortgage lenders. Since 2008, LBA Ware has been on a mission to help mortgage companies reach new heights with software that integrates data, incentivizes performance and inspires results. Today, more than 100 lenders of all sizes, including some of the nation's top producing mortgage companies, use LBA Ware's award-winning technology to enhance lender experiences and maximize the human potential within their organizations. A 2020 Inc. 5000 fastest-growing private company, LBA Ware is headquartered in Macon, Georgia. For more information, visit https://www.lbaware.com.

About Experience.com:

We believe that experience is everything. Amazing experiences create customers for life, and poor ones destroy brands and businesses. That's why Experience.com has built the most impactful Experience Management Platform (XMP) available anywhere, with features to drive operational and behavioral change, in real-time, during the moments that matter. XMP delivers impactful business outcomes including increased customer satisfaction, brand loyalty, online reputation and visibility, as well as improved employee engagement, and compliance - making every experience matter more. Founded in 2015 and originally founded as SocialSurvey, Experience.com is headquartered in San Ramon, Calif. and backed by SavantGrowth (fka Kennet Partners), Silicon Valley Data Capital, Tri-Valley Ventures, and Wilson Sonsini Goodrich & Rosati. For more information, visit https://www.experience.com or call +1 (888) 701 4512.

Twitter: @LBAWare @experience__com #mortgagedata #digitalmortgage #mortgagelending

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.

Related link: https://go.lbaware.com/

Chelsea Groton Bank, in Partnership with NCDC and GNACC, Offers Free Business Seminars for Local Entrepreneurs

GROTON, Conn. /ScoopCloud/ -- Chelsea Groton Bank kicks off their 5-week "Cultivating Great Business: Small Business Bootcamp" on October 5, 2021. The FREE small business series, designed for aspiring and established entrepreneurs, is offered through the Bank's financial education program, Chelsea University, in partnership with the Norwich Community Development Corporation (NCDC) and the Greater Norwich Area Chamber of Commerce (GNACC). Participants will walk away with a wealth of knowledge and a strong foundation for starting or growing a business.

"Chelsea Groton Bank is passionate about helping turn dreams into realities for businesses of all types. In addition to providing custom financial solutions, we proudly offer informational programs throughout the year to arm business owners with the tools they need to be successful," shared Miria Gray, AS, Community Education Officer at Chelsea Groton Bank. "As so many business owners learned in 2020, it is critical for businesses to have their financial house in order and to be able to market their services. We'll discuss these topics and more throughout the series."

The instructor-led curriculum was developed jointly by the Federal Deposit Insurance Corporation (FDIC) and the U.S. Small Business Administration (SBA). Each class will be delivered by Chelsea Groton Bank team members and local professionals to provide aspiring or current small business owners a practical introduction to aspects of starting and managing a business.

All classes will be offered in person and via Zoom on Tuesdays from 12-1 PM at Chelsea Groton's Westside Branch, 444 West Main Street, Norwich, and Thursdays from 6-8 PM at Foundry 66, 66 Franklin Street, Norwich, from October 5 - November 4.

Class topics are: Is Owning a Business Right for You?, Banking Services, Business Plans, Time Management, Organizational Types, Tax Planning and Reporting, Record Keeping, Small Business Insurance, Risk Management, Social Media Marketing, Financial Management and Cash Flow, and an opportunity to Chat with the Experts.

Community members are invited to register for individual classes or the entire series. Registration is required in order to have accurate in-person headcounts and to receive log-in credentials if attending via Zoom.

To learn more and to register, visit http://www.chelseagroton.com/ChelseaUniversity.

About Chelsea Groton Bank

Based in Groton, Conn., Chelsea Groton Bank is a full-service mutually owned bank with over $1.5 billion in assets. Chelsea Groton Bank's products and services include consumer banking, business banking, mortgage and business lending, cash management, financial and investment planning and financial education programming. With 14 branch locations throughout New London County and a Loan Production Office in Hartford County, Chelsea Groton Bank also provides online and mobile banking, 24-hour telephone banking, video banking, and nationwide ATM banking for individuals, families and businesses.

To learn more, please visit http://www.chelseagroton.com/. Member FDIC. Equal Housing Lender. NMLS Institution ID 402928.

Chelsea Groton Bank kicks off their 5-week "Cultivating Great Business: Small Business Bootcamp" on October 5, 2021. The FREE small business series, designed for aspiring and established entrepreneurs, is offered through the Bank's financial education program, Chelsea University, in partnership with the Norwich Community Development Corporation (NCDC) and the Greater Norwich Area Chamber of Commerce (GNACC).

Related link: https://www.chelseagroton.com/

LBA Ware to host Experience.com’s Kristin Messerli for webinar on the latest millennial homebuyer market research

MACON, Ga. /ScoopCloud/ -- LBA Ware™, a leading provider of incentive compensation management (ICM) and business intelligence (BI) software solutions for the mortgage industry, today announced the third installment in its 2021 webinar series. The Myths that Keep Millennials from Buying: Data-Driven Direction for Growing Your Share of America's Largest Homebuyer Market will feature special guest Kristin Messerli, a leading expert on NextGen (a.k.a. millennial) homebuyers. The free webinar will take place Wednesday, October 6, from 1-2 p.m. ET.

An expert on customer experience and emerging markets, Messerli is vice president of financial services for Experience.com and founder of market research firm Cultural Outreach, publisher of the annual NextGen Homebuyers Report. By sharing key insights from the highly anticipated 2021 report, Messerli hopes to give lenders a better understanding of how to work with NextGen buyers.

"The NextGen Homebuyer Report exists to help home professionals better understand and reach younger adults, and this year's report comes packed with fresh insights into the financial behavior and customer expectations of this generation," said Messerli. "Attendees will learn about prevalent homeownership myths, how millennials shop for and select lenders and what they expect from the homebuying experience."

The webinar will also demonstrate how lenders can put the NextGen data into action by establishing performance metrics that go beyond units and volume to encompass the millennial customer experience.

"Millennials have surpassed baby boomers as the nation's largest adult generation, yet they only account for a fraction of the average lender's pipeline," said LBA Ware Founder and CEO Lori Brewer. "This data-packed session will help lenders understand millennials' thought processes when it comes to home buying and how to adapt their business strategies accordingly."

Time is reserved for attendees to ask questions at the end of the webinar. Registration is now open and required to attend.

About LBA Ware™:

LBA Ware is a leading provider of cloud-based software for mortgage lenders. Since 2008, LBA Ware has been on a mission to help mortgage companies reach new heights with software that integrates data, incentivizes performance and inspires results. Today, more than 100 lenders of all sizes, including some of the nation's top producing mortgage companies, use LBA Ware's award-winning technology to enhance lender experiences and maximize the human potential within their organizations. A 2021 Inc. 5000 fastest-growing private company, LBA Ware is headquartered in Macon, Georgia. For more information, visit https://www.lbaware.com.

Twitter: @LBAWare #mortgagelending #mortgagetrends #mortgageindustry

LBA Ware™, a leading provider of incentive compensation management (ICM) and business intelligence (BI) software solutions for the mortgage industry, today announced the third installment in its 2021 webinar series. The Myths that Keep Millennials from Buying: Data-Driven Direction for Growing Your Share of America's Largest Homebuyer Market will feature special guest Kristin Messerli, a leading expert on NextGen (a.k.a. millennial) homebuyers.

Related link: https://go.lbaware.com/

US-based Carbon Direct invests €15M ($17.7M) for 7% stake in Calix’s LEILAC business

SYDNEY, Australia /ScoopCloud/ -- Multi-award-winning Australian technology company Calix Limited (ASX: CXL) ("Calix" or the "Company") is pleased to announce global decarbonisation investor Carbon Direct Capital Management has invested €15m for a 6.98% equity stake in Calix subsidiary, the LEILAC Group, which is dedicated to the commercialisation and ongoing development of Calix's LEILAC CO2 capture technology.

Highlights:

* €15M investment in Calix's LEILAC business by Carbon Direct, one of the world's leading decarbonisation investors

* Investment will accelerate the development and deployment of LEILAC, which uses Calix technology for cement and lime decarbonisation

* Carbon Direct will advise LEILAC on areas including capital markets, regulations, commercial development, and technical development, helping it scale the business

* LEILAC technology has been successfully piloted at 25,000tpa scale and is now being scaled up to 100,000tpa, with several commercial pilot plants under development

* Investment implements Calix's equity farm-in strategy to create focussed, commercialisation businesses for its core technology

* Calix will host an investor webinar at 10.00am (AEST) Thursday 16 September with CEO, Phil Hodgson. Click here to register: https://us02web.zoom.us/webinar/register/WN_unJvaUQ0TdONM9yA30XgwA

Calix will continue to own the remaining 93% of the LEILAC Group.

In addition, as part of the transaction, Calix has entered into a licence agreement with the LEILAC Group under which it will retain 30% of royalties earned by the LEILAC Group from deployment of the technology, regardless of Calix's equity stake in the LEILAC Group. The LEILAC Group will operate autonomously, with its own management team and a Board composed mostly of Calix directors, with one appointee nominated by Carbon Direct.

The LEILAC Group, comprising Calix (Europe) Ltd (UK) and its subsidiaries, is the exclusive licensee of Calix's Low Emissions Intensity Lime and Cement (LEILAC) CO2 capture technology. LEILAC technology was successfully piloted at 25K tonnes per annum scale at HeidelbergCement's plant in Lixhe, Belgium, and is being scaled up to 100K tonnes per annum scale in the "LEILAC-2" project for a HeidelbergCement plant in Hannover, Germany. Further commercial pilot plants for lime production are under development with Tarmac, the UK division of CRH, and AdBri in Australia, among others.

US-based Carbon Direct's investment arm, Carbon Direct Capital Management, makes direct investments into leading carbon removal and utilisation technology companies. The firm also operates a scientific advisory business, which advises leading corporations on how to fulfil their carbon removal and utilisation commitments. Carbon Direct's advisory work spans 28 countries and includes clients such as Microsoft and Shopify.

Pottinger acted as financial and strategic advisor to Calix on this transaction, and Hamilton Locke acted as legal advisor.

Carbon Direct investment to accelerate LEILAC technology uptake

Along with existing capital already invested in the LEILAC Group, Carbon Direct's investment will be used by the LEILAC Group to accelerate and continue to de-risk deployment of the LEILAC technology, both technically and commercially. Technically, additional resources will be deployed in engineering and research to speed optimisation. Commercially, new resourcing in business development, especially project development and CO2 use or sequestration, will be deployed to help develop complete project solutions for customers. A new CEO will be appointed to run the business as a stand-alone entity.

The investment marks the conclusion of work led by Pottinger to accelerate commercialisation of the LEILAC technology and identify the optimal financial and strategic partner(s) to support this the business' critical next phase of development.

Calix Limited CEO Phil Hodgson said the deal represented a critical milestone in Calix's stated strategy of seeking equity "farm-ins," after initial development undertaken by Calix, to accelerate and deploy its underlying platform technology into each line of business, with Calix remaining head licensor.

"As each of these businesses become independent commercial entities, they will remain joined at the hip" technically with Calix, which will continue to support development of the core intellectual property. Over time, growing royalty income from these companies will also support the development of new applications of the IP and associated technologies," Mr Hodgson said.

He said the investment by Carbon Direct will help accelerate the development and deployment of the Calix Technology for cement and lime decarbonisation.

"The recent Intergovernmental Panel on Climate Change (IPCC) report was unequivocal in saying that to reach the stated 2030 goals on climate change, CO2 emissions have to be reduced. LEILAC Technology is an option that is being deployed now to meet this urgent need.

"Carbon Direct coming on board is a strong vote of confidence in Calix's LEILAC decarbonising technology, following on from endorsements and partnerships with industry leaders such as HeidelbergCement, Cemex, Lhoist and Solvay

"The investment will assist us in accelerating the deployment of the technology into the carbon capture and storage landscape, with additional resources covering technology research and development, CO2 logistics, use and storage, and whole-of-project expertise, while our technology gains more exposure in global markets outside of Europe.

"The deal also represents our first material portfolio transaction in our stated strategy to farm-in equity to deploy our technology commercially. We believe this strategy adds speed and focus at a critical time in the technology commercialisation journey, and leaves the head company to focus on what it does best - supporting our technology and developing the next global, disruptive applications."

Carbon Direct founder and CEO Jonathan Goldberg said Carbon Direct invested in companies that could deliver both commercially viable solutions and solve big climate problems.

"We are very impressed by the technical and commercial rigor of the LEILAC team, and plant partners are outspoken in their excitement about LEILAC. We are delighted to support Phil, Calix, and the LEILAC Group as they seek to scale LEILAC into cement and lime plants around the world," Mr Goldberg said.

"Both Carbon Direct's investment team and its scientific advisory team, which now includes 46 globally renowned CO2 scientists and project managers, are available to assist the LEILAC Group on subjects including capital markets, regulations, commercial development, and technical development. Our entire firm is dedicated to helping technologies such as LEILAC to scale."

Pottinger Executive Chairman Nigel Lake added: "Great engineering and technology alone are not enough: to have a transformational impact on an entire global industry takes a dedicated and well-resourced business. The investment by Carbon Direct marks a critical inflexion point for both Calix and the LEILAC Group as decarbonisation of the construction sector begins in earnest."

Carbon capture is needed to reach the UN climate goals

Global decarbonisation efforts are accelerating. For example, in June 2019, the UK Government became the first major economy to commit to net zero CO2 by 2050 and is heavily supporting decarbonisation efforts through funding under the UK Department of Business, Energy and Industrial Strategy £1bn Net Zero Innovation Portfolio. In 2021, the European Union unveiled a plan to slash its carbon emissions by 55% before 2030 and impose border tariffs on countries, including Australia, that do not have some form of carbon price.

Cement production is the world's single biggest industrial cause of carbon pollution, responsible for up to 8% of global emissions, producing more than 4 billion tonnes of CO2 per year. Cement is the primary ingredient in concrete, the second most used material in the world after water. Meanwhile, the global production volume of lime was approximately 330 million tonnes in 2020, with myriad applications beyond cement including the manufacture of aluminium, asphalt, copper, glass, gold, lithium, plasterboard, silver, solar-grade silica, steel, table salt and toothpaste. Lime is also used in agriculture and for water and sewage treatment.

Making 1 tonne of lime or cement clinker produces approximately 1 tonne of CO2

LEILAC's Breakthrough carbon capture technology

Between 50 to 60% of cement CO2 emissions derive from the process of heating or "calcination" of limestone, the chemical reaction that converts limestone (CaCO3) into lime (CaO) and CO2. These emissions are therefore unavoidable and a low-cost capture solution is essential.

The patented LEILAC kiln design separates CO2 emissions arising during lime and cement production without significant energy penalty. The LEILAC kiln is being developed to use a variety of input fuels and is also easily electrified, enabling complete decarbonisation of production by switching to renewable energy.

LEILAC technology was successfully piloted at 25ktpa scale at HeidelbergCement's Lixhe Cement plant in Belgium, and is being scaled up to 100kTpa scale in the "LEILAC-2" project for a HeidelbergCement plant in Hannover, Germany. LEILAC-2 is targeted to be in production by late 2023 / early 2024, and is being funded by €34m from the EU Horizon 2020 scheme through a combination of cash and in-kind contributions from industrial partners. In addition to HeidelbergCement, industrial partners helping in developing the technology include Cemex, Tarmac, Cimpor, Lhoist, Engie and Solvay.

Six commercial-scale cement and four commercial scale lime follow-on projects are being developed with several interested parties, with two projects now moving into more detailed planning under previously announced heads of agreement with CRH's UK subsidiary Tarmac and Adbri in Australia.

About Carbon Direct LLC

Carbon Direct provides both scientific advisory services and investment capital to the carbon removal & utilization ecosystem. Our advisory business works for clients to fulfill their carbon removal & utilization commitments. Carbon Direct's team of world-renowned carbon scientists has a nuanced understanding of the true risks and opportunities of emerging and mature carbon removal & utilization technologies. Our investment business makes direct investments into leading carbon removal & utilization companies. Carbon Direct was founded in 2019 by Jonathan Goldberg and has offices in New York City. To learn more, visit http://www.carbon-direct.com/

About Calix

Calix is a team of dedicated people developing a unique, patented technology to provide industrial solutions that address global sustainability challenges.

The core technology is being used to develop more environmentally friendly solutions for sustainable processing, advanced batteries, crop protection, aquaculture, wastewater and carbon reduction.

Calix develops its technology via a global network of research and development collaborations, including governments, research institutes and universities, some of world's largest companies, and a growing customer base and distributor network for its commercialised products and processes.

Because there's only one Earth - Mars is for Quitters.

Website: https://www.calix.global/

Twitter: @CalixLimited

YouTube: CalixLimited

MULTIMEDIA:

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Caption: Calix decarbonising technology at the LEILAC plant in Belgium.

Multi-award-winning Australian technology company Calix Limited (ASX: CXL) ("Calix" or the "Company") is pleased to announce global decarbonisation investor Carbon Direct Capital Management has invested €15m for a 6.98% equity stake in Calix subsidiary, the LEILAC Group, which is dedicated to the commercialisation and ongoing development of Calix's LEILAC CO2 capture technology.

Related link: https://www.calix.global/

ACES Mortgage QC Industry Trends Report Shows Decline in Critical Defect Rate for Second Consecutive Quarter

DENVER, Colo. /ScoopCloud/ -- ACES Quality Management® (ACES), the leading provider of enterprise quality management and control software for the financial services industry, announced the release of its quarterly ACES Mortgage QC Trends Report covering the first quarter (Q1) of 2021. The latest report provides an analysis of post-closing quality control data derived from ACES Quality Management & Control® software.

Notable findings from the Q1 2021 report include:
* The downward trend in critical defects continued in Q1 2021, ending the quarter at 2.01% versus the prior quarter's rate of 2.09%.

* A rapid rise in the Income/Employment category led all defect categories, with several of the core underwriting/qualification categories increasing as well.

* Declines in the Regulatory Compliance and Loan Documentation categories show that lenders are self-correcting and stabilizing their operations.

* Refinance review share continues to be strong, and defect performance has improved.

* Conventional loans dominated while defect performance declined.

* Early Payment Defaults fall below pre-pandemic levels in a hopeful sign that the worst is behind us, though we remain cautious about loans exiting forbearance status.

"With Q1 2021 marking a second consecutive quarter of decline in the critical defect rate, the record spike observed in Q2 2020 appears to have been a one-off increase, which is encouraging," said ACES Executive Vice President Nick Volpe. "However, lenders and servicers should still proceed with caution, as declines in gain-on-sale, the conclusion of the eviction moratorium, persistent inflation and a potential default wave as forbearances come to an end all have the potential to trigger industry disruption."

Findings for the Q1 2021 ACES Mortgage QC Industry Trends Report are based on post-closing quality control data derived from the ACES Quality Management and Control benchmarking system and incorporates data from prior quarters and/or calendar years, where applicable. All reviews and defect data evaluated for the report were based on loan audits selected by lenders for full file reviews.

"The declines observed in not only the overall critical defect rate, but also in EPDs and the Regulatory Compliance and Loan Documentation defect categories speak to an industry that has made considerable strides to course-correct after the tumultuous year that was 2020," said ACES CEO Trevor Gauthier. "Unfortunately, 2021 may not prove to be any less challenging, which places even greater emphasis on lenders' defect tracking and reporting efforts to remain ahead of the curve and adjust their operations as necessary to stay on track."

Mortgage QC Industry Trends Reports are available for download, free of charge, at https://www.acesquality.com/resources/reports.

About ACES Quality Management®

ACES Quality Management®, formerly known as ACES Risk Management (ARMCO), is the leading provider of enterprise quality management and control software for the financial services industry. The nation's most prominent lenders, servicers and financial institutions rely on ACES Quality Management & Control® software to improve audit throughput and quality while controlling costs, including:
* 3 of the top 5 and more than 50% of the top 50 independent mortgage lenders;

* 7 of the top 10 loan servicers;

* 11 of the top 30 banks; and

* 1 of the top 3 credit unions in the USA.

Unlike other quality control platforms, only ACES delivers Flexible Audit Technology®, which gives independent mortgage lenders and financial institutions the ability to easily manage and customize ACES to meet their business needs without having to rely on IT or other outside resources. Using a customer-centric approach, ACES clients get responsive support and access to our experts to maximize their investment. For more information, visit https://www.acesquality.com/ or call 1-800-858-1598.

ACES Quality Management® (ACES), the leading provider of enterprise quality management and control software for the financial services industry, announced the release of its quarterly ACES Mortgage QC Trends Report covering the first quarter (Q1) of 2021. The latest report provides an analysis of post-closing quality control data derived from ACES Quality Management & Control® software.

Related link: https://www.acesquality.com/

HomeBinder joins The Mortgage Collaborative’s Preferred Partner Network

BOSTON, Mass. /ScoopCloud/ -- HomeBinder, a centralized home management platform that keeps homeowners connected with mortgage lenders, Realtors, and other authorized professionals, today announced it has joined The Mortgage Collaborative's (TMC) Preferred Partner Network. The new membership enables HomeBinder to offer preferential pricing to TMC's nearly 150 member banks, credit unions and independent mortgage banking companies. Trusted by over 600,000 homeowners to date, HomeBinder simplifies homeownership, improves home values and increases repeat and referral business for mortgage lenders and Realtors.

"HomeBinder is an exciting addition to the TMC Preferred Partner Network that offers a fresh competitive advantage to Lender Members," said Steven A. Milner, founder and CEO of nationally licensed direct mortgage lender US Mortgage Corporation for 28 years and a TMC board member. "A core value here at US Mortgage is to 'seek longevity.' It is a belief that informs everything from how we make business decisions of the long-term success of the company in mind to how we foster a work environment where employees want to build a lifelong career. We also seek longevity in our client relationships, and in that quest we seek to become a lender for life to all our clients. HomeBinder is the ideal partner to Lender Members for that purpose."

By partnering with HomeBinder, mortgage lenders can furnish each borrower with an online platform designed to make managing a home and maintaining its value easier. HomeBinder features include document storage, maintenance reminders, appliance recall notifications, a digital home inventory and more. The platform also helps lenders and real estate agents stay connected with clients long after the home sale thanks to prominent placement of their contact information within each borrower's HomeBinder.

"Our mission is to deliver homeowners peace of mind and optimize their home's value by being the bridge between them and the businesses that support their ownership," said HomeBinder Founder and CEO Jack Huntress. "We are delighted to join The Mortgage Collaborative and look forward to working with lenders who share our vision of supporting the homeownership journey and see the value in having deeper, longer-lasting relationships with their clients."

"We started The Mortgage Collaborative eight years ago to leverage the collective power of the lending community, share ideas and become more efficient and profitable together," said TMC CEO Jim Park. "We welcome HomeBinder as our newest Preferred Partner and encourage our Lender Members to see for themselves how this powerful little app engages borrowers and keeps lender relationships sticky at the same time."

HomeBinder comes with plug-and-play integrations with Encompass(r) by ICE Mortgage Technology(tm), Salesforce and other leading mortgage loan origination software (LOS) and customer relationship management (CRM) platforms. For more information, visit https://pages.homebinder.com/lenders or book a demo today!

About HomeBinder:

HomeBinder is a home management platform that makes maintaining a home's value easy while improving relationships between homeowners and the businesses that serve them. Unlike traditional leave-behinds like business cards and refrigerator magnets, HomeBinder maintains an ongoing digital connection with homeowners as they manage their data, documents and relationships over time. Founded in 2015, HomeBinder is a venture-backed Techstars Boston '19 company headquartered in Burlington, Massachusetts. For more information, visit https://pages.homebinder.com/.

About The Mortgage Collaborative:

Based in San Diego, Calif., The Mortgage Collaborative was founded in 2013 by four notable industry leaders and is the nation's largest independent mortgage cooperative network. TMC is singularly focused on creating an environment of collaboration and innovation for small to midsize mortgage lenders across the country to reduce cost, increase profitability, and better serve the dynamic and changing consumer base in America. For more information, visit https://www.mortgagecollaborative.com.

Twitter: @MtgCoop @HomeBinder

HomeBinder, a centralized home management platform that keeps homeowners connected with mortgage lenders, Realtors, and other authorized professionals, today announced it has joined The Mortgage Collaborative's (TMC) Preferred Partner Network. The new membership enables HomeBinder to offer preferential pricing to TMC's nearly 150 member banks, credit unions and independent mortgage banking companies.

Related link: https://pages.homebinder.com/

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

PHILADELPHIA, Pa. /ScoopCloud/ -- 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).

Despite the rise of electronic trading and digitization of financial services, MBS trading has largely been conducted over the phone. Phone-based trading is slow and impractical in generating numerous competitive bids. Agile is introducing a new, electronic way to quote MBS through a browser-based platform that digitizes the process of buying and selling TBAs. As a result, Agile enables the user to efficiently generate more competitive bids compared to legacy phone-based processes. (*See note 1.)

"Our mission is to bring the mortgage capital markets into a new digital era," comments Curtis Richins, President & CEO of Agile. "We're democratizing the TBA Market for lenders and dealers both big and small. We created Agile because we believe that a transparent market is a better market and because every counterparty deserves access to a fair, efficient and transparent marketplace."

Agile was developed with direct feedback from mortgage lenders and broker-dealers, resulting in a powerful platform that integrates smoothly with existing processes. With the browser-based platform, lenders can request trades from any device, anywhere. Agile's three step process for digital TBA trading communication can help lenders improve efficiency, while expanding the number of quotes they receive and their network of counterparties. For the first time, all mortgage lenders can trade with regional and primary dealers electronically.

Agile's initial roll-out began January 1, 2021 and demonstrated rapid adoption across the mortgage secondary market. Agile has supported 261 financial institutions who have exchanged 95.6 thousand quotes. (*See note 2.) Lenders have been quick to welcome the benefits of the new platform.

Early adopter Andrew Stringer (Director of Secondary/Capital Markets at First Bank), said, "After a busy conference day, I found myself with moments left to optimize coverage before market close. A few taps in Agile and I was done! No calls, no computer, no manual calculations - just a quick TBA trade and back to unwinding after a long day."

Agile has already received strong participation from the broker-dealer community, thanks to new opportunities for growth and operational improvement. Agile provides access to an ever-growing network of lenders, facilitates increased quote requests from approved counterparties, and delivers the efficiencies of a digital trade desk. Broker-dealers also have the benefit of straight-through processing with leading trade order management systems. Featured broker-dealers currently on the platform include, but are not limited to, the following: BMO Financial, BOK Financial Securities, CMG Securities, Daiwa Capital Markets, ED&F Man, Huntington Securities, Janney Montgomery Scott, JVB Financial, Performance Trust, Raymond James, South Street Securities, Stifel, Nicolaus & Co, and StoneX.

Brent Giese, Executive Director of Fixed Income at Daiwa Capital Markets America, said: "Working with Agile has been very productive and beneficial to Daiwa's growing mortgage banking sales franchise. With access to many qualified mortgage originators, the platform provides an efficient means to reach significant volumes. The technology is advanced and allows for effective performance feedback while their straight though processing capability eliminates costly trade errors. Simply put, I have been very impressed and am thankful to have this valued partnership."

About Agile

The industry's first MBS fintech, Agile brings together lenders and dealers of all sizes onto a single platform. Agile facilitates the exchange of TBA MBS by securing and automating communication between mortgage lenders and broker-dealers. Agile digitizes the historically phone-based process to an electronic platform which may improve profitability and efficiency, while reducing administrative errors. Through its competitive TBA RFQ digital platform, mortgage lenders gain access to national and regional broker-dealers previously inaccessible on digital platforms, while broker-dealers gain access to an ever-growing network of lenders. Based in Philadelphia, Agile Trading Technologies supports a national network of clients with a team of capital markets professionals who have deep trading experience at financial organizations of every size.

For more information, visit https://trade-agile.com/ or call (619) 332-6205.

Media Contact:
Vested
Agile@fullyvested.com

NOTES:

[1] MCT Study of Digital RFQ Implementation, see Works Cited for details.

[2] Agile RFQ Platform Usage Data 2021 YTD Summary Report.

WORKS CITED

Testimonials may not be representative of the experience of other clients, and past results are not a guarantee of future performance or success.

Benefits and metrics listed in this document were sourced from the MCT Study of Digital RFQ Implementation, July 2021 found at https://mct-trading.com/study-of-digital-rfq-implementation/. Mortgage Capital Trading (MCT) is a client of Agile Trading Technologies and active user of the Agile RFQ platform.

This study measured the change in phone use, productivity, and TBA execution associated with the implementation of Agile Trading Technology's RFQ platform (Agile RFQ), as well as the experiences of platform users. The study encompassed over 250 mortgage lender clients of MCT who either used Agile RFQ to support their own TBA trading, or Agile RFQ was used by MCT traders to support TBA trading on their behalf. The study measured the month of January 2021 (after implementation) against the month of January 2020 (before implementation). Data was collected through MCT reports on TBA trading activity and surveys of platform users. Possible limitations of the study include the relatively narrow time period of measurement and the combination of qualitative and quantitative data used for measurement.

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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).

Related link: https://trade-agile.com/

1st Class Real Estate and Expetitle Announce a Joint Venture to Provide Tech-enabled Closings Across The U.S.

MIAMI, Fla. /ScoopCloud/ -- Expetitle and 1st Class Real Estate are joining forces to create a national title partnership; offering a streamlined, remote home closing transaction to 1st Class' customers. 1st Class Real Estate is a nationally recognized top brokerage. They have grown 470% over the past three years, placing them on the Inc 5000 list of the fastest growing private companies in America.

"With all the new tech-enabled competitors coming into the market, like iBuyers, digital brokers, and alternative marketplaces, brokerages need to respond with digital innovation of their own. Consumers today expect to be able to do everything on their phone," said Sean Daly, Expetitle's CEO. "Expetitle's partnership model gives brokers the tools they need to stay relevant, while also opening up a new income stream from title insurance commissions."

1st Class Real Estate will first launch fully remote and hybrid closings through a secure platform and mobile app in Florida and Georgia, but eventually plans to roll the service out to all 50 offices nationwide.

"This joint-venture with Expetitle allows us to leverage technology to process our clients' closings more efficiently and with higher service levels. It eliminates the unknowns in a transaction by providing all parties with real-time information on any device in just a few clicks, giving our agents and their clients the confidence that their closings will happen on schedule," said Buddy Buchner, VP Franchise Development of 1st Class Real Estate.

About Expetitle

Expetitle is a multi-state title company that delivers fully digital and hybrid closings through one secure collaborative platform that adds transparency to the entire closing process. Expetitle's mission is to provide a better, transparent closing experience for buyers, sellers, and their agents and brokers. Today's consumer is used to doing everything on their phone in real-time, why should buying a home be any different? To learn more about Expetitle, visit https://www.expetitle.com/.

About 1st Class Real Estate

1st Class Real Estate, founded in 2013 by Rhyan Finch (Chief Executive Officer) started with only a handful of agents and has rapidly grown to multiple locations in states nationwide. 1st Class's proven model has the software, systems, procedures, and support staff in place for every process you can think of including office operation procedures, lead generation, marketing & branding, closing coordination, inside sales agents, agent training, and more! To learn more about 1st Class Real Estate, visit https://www.1stclassrealestate.com/.

Expetitle and 1st Class Real Estate are joining forces to create a national title partnership; offering a streamlined, remote home closing transaction to 1st Class' customers. Expetitle is a multi-state title company that delivers fully digital and hybrid closings through one secure collaborative platform that adds transparency to the entire closing process.

Related link: https://www.expetitle.com/

Monetary Metals Finances Jeweler’s Growth

SCOTTSDALE, Ariz. /ScoopCloud/ -- Monetary Metals announces a 150% increase in its financing of Gold Bullion International's expansion of its 22- and 24-karat luxury gold jewelry collection, Auvere™.

Gold Bullion International (GBI) is paying 4% on the gold lease. Leased inventory is off-balance sheet, and the jeweler avoids exposure to the price of gold.

GBI completed its initial lease from Monetary Metals in 2019. Since then Auvere has grown dramatically. Its products have been featured in Vogue, Elle, Cosmopolitan, and Vanity Fair.

"We're pleased to grow with GBI. Our investors are always looking to put more gold to work in a well-run business," commented Keith Weiner, CEO of Monetary Metals.

"We couldn't be happier with the growth of the Auvere brand and platform. It's encouraging to have Monetary Metals as our financing partner, because they keep up with our demand," said Marc Scher, President of GBI.

About Monetary Metals

Monetary Metals® is Unlocking the Productivity of Gold™ by offering a Yield on Gold, Paid in Gold® to investors, and Gold Financing, Simplified™ to gold-using businesses (mints, miners, refiners, jewelers, etc.). In addition, the company's market analysis and proprietary charts, including the gold forward rate, are utilized by gold investors and gold-using businesses globally. The company's content is widely syndicated on gold, alternative investing, and mainstream sites. Learn more at: https://monetary-metals.com/.

About Gold Bullion International

Gold Bullion International™ is one of the most trusted names in the precious metals industry, servicing institutional and retail clients around the world. GBI offers a wide variety of bullion products and technology services in addition to proudly offering Auvere, a line of 24k gold jewelry. Learn more at: https://bullioninternational.com/.

RELATED LINK: https://auvere.com/

Monetary Metals announces a 150% increase in its financing of Gold Bullion International's expansion of its 22- and 24-karat luxury gold jewelry collection, Auvere™. Gold Bullion International (GBI) is paying 4% on the gold lease. Leased inventory is off-balance sheet, and the jeweler avoids exposure to the price of gold.

Related link: https://monetary-metals.com/

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

SAN DIEGO, Calif. /ScoopCloud/ -- 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.

The list is composed of 100 winners from across the country, each of whom were selected by HousingWire's editorial staff based on contributions to their company's success in the last 12 months. The deciding factor to earn a spot on the list was not the winners' job title, but rather the way they performed their job. This year's list of honorees represents a wide range of occupations within the housing economy, from lending and real estate to fintech and capital markets.

"The winners of our Insiders award are an incredible group of doers that we're proud to recognize for their essential contributions to their companies," HousingWire Editor-in-Chief Sarah Wheeler said. "Everyone on this year's list is a crucial part of their company's success and we're honored to give them the spotlight."

As the head of client success, Mr. Yarbrough has been able to grow MCT's dedicated client success team from the ground up by seeking out those who also have experience as clients of MCT. He pushes his team forward through mentorship and training, which he carries over to MCT's clients and investors. This puts him in the unique position of being able to listen to different angles of feedback from clients, traders, and investors. His love for educating, training, and assisting clients and investors has helped him push forward MCT's value of client-first interactions.

"I am humbled to be selected for HousingWire's Insider award. I was in the unique situation of first being an MCT client, then working with MCT so I have a great sense of the client experience. Through that, I am able to pull the collaboration of my team and the support from other MCT divisions that helps me ensure the success for our clients," said Mr. Yarbrough. "Being able to create a service-oriented team environment is the pinnacle of the client success group."

About MCT:

Founded in 2001, Mortgage Capital Trading, Inc. (MCT) has grown from a boutique mortgage pipeline hedging firm into the industry's leading provider of fully integrated capital markets services and technology. MCT offers an array of best-in-class services and software covering mortgage pipeline hedging, best execution loan sales, outsourced lock desk solutions, MSR portfolio valuations, business intelligence analytics, mark to market services, and an award-winning comprehensive capital markets software platform called MCTlive! MCT supports independent mortgage bankers, depositories, credit unions, warehouse lenders, and correspondent investors of all sizes. Headquartered in San Diego, California, MCT also has offices in Philadelphia, Healdsburg, and Texas. MCT is well known for its team of capital markets experts and senior traders who continue to provide the boutique-style hands-on engagement clients love.

For more information, visit https://mct-trading.com/ or call (619) 543-5111.

About HousingWire:

HousingWire is the most influential source of news and information for the U.S. mortgage and housing markets. Built on a foundation of independent and original journalism, HousingWire reaches over 60,000 newsletter subscribers daily and over 1.0 million unique visitors each month. Our audience of mortgage, real estate and fintech professionals rely on us to Move Markets Forward. Visit www.housingwire.com or www.solutions.housingwire.com to learn more.

MEDIA CONTACT:
Ian Miller
Chief Marketing Officer
Mortgage Capital Trading
619-618-7855
pr@mctrade.net

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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.

Related link: https://mct-trading.com/

Strategic Capital Attends the 2021 Colorado Trial Lawyers Association Convention, Sponsors Special Events

LITTLETON, Colo. /ScoopCloud/ -- From Thursday, August 5 to Saturday, August 7, the Colorado Trial Lawyers Association (CTLA) held its annual convention. While they offered virtual attendance, they also hosted the conference in person in Steamboat Springs, Colorado. The Strategic Capital team joined them at The Steamboat Grand for the hybrid event, which was themed "Conquering New Horizons Together."

The 2021 convention included continuing legal education (CLE) credit opportunities alongside social events like a golf tournament and happy hour.

Ric Perez, Strategic Capital Senior Vice President and National Marketing Director, said, "Strategic Capital was proud to be back on the road sponsoring our good friends and business partners at the Colorado Trial Lawyers Association."

Strategic Capital supported the event and Colorado trial lawyers through two distinct sponsorships. First, they sponsored the Friday night happy hour at the convention. This social event featured a full bar, games, and a special beer tasting event - plus a root beer tasting for any underage attendees.

Beyond hosting this opportunity for attendees to network while their families relaxed, Strategic Capital also announced that they will be a Silver Sponsor at the 2nd Annual CTLA/Case Coalition Par 3 Classic, the Summer Sunset Bash. This golf tournament will be held on Friday, September 17, and will benefit Colorado Trial Lawyers Care (CTLC), which pools resources to help those in need.

CTLC is a 501(c)(3) tax-exempt organization that provides rapid relief to individuals, families, and organizations experiencing hardship. That relief might come in the form of monetary aid, legal services, or basic necessities. The CTLC helps those affected by natural disasters, crime, and other challenging situations.

"We look forward to our continued support and are excited to be a Silver Sponsor at the 2nd Annual Summer Sunset Bash," Perez said of Strategic Capital's involvement in the upcoming CTLC fundraiser.

The Summer Sunset Bash begins at 3 p.m. at the Columbine Country Club Pool and Par 3 Complex in Littleton, Colorado. Attendees do not necessarily need to be golfers, as the event also gives individuals the option to choose to instead play tennis or attend the social event. The latter will feature food and drinks, music, lawn games, and a live and silent auction.

To participate in any portion of the Summer Sunset Bash, individuals must register in advance. Registration is available online at https://www.ctlanet.org/?pg=events&eid=107007&evAction=reg

Those unable to attend in person can participate in the silent auction online at https://www.32auctions.com/SSB21. Auction proceeds go to the Colorado Trial Lawyers Care fund.

Learn more at: https://www.strategiccapital.com/

Media Contact information:
Name: Ric Perez
Strategic Capital
Address: 575 Madison Ave Ste 1006 New York, NY 10022
Phone: (866) 256-0088

From Thursday, August 5 to Saturday, August 7, the Colorado Trial Lawyers Association (CTLA) held its annual convention. While they offered virtual attendance, they also hosted the conference in person in Steamboat Springs, Colorado. The Strategic Capital team joined them at The Steamboat Grand for the hybrid event, which was themed "Conquering New Horizons Together."

Related link: https://www.strategiccapital.com/

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

LEHI, Utah /ScoopCloud/ -- SimpleNexus (https://simplenexus.com/), 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.

eMortages are faster, offer improved data quality and can be cheaper to execute than traditional mortgages. Now, approved Fannie Mae and Freddie Mac Seller/Servicers desiring to deliver eMortgages to Fannie Mae and Freddie Mac can use Nexus Closing to create and submit eMortgages to both GSEs. Lenders that work with a pre-tested eMortgage vendor like SimpleNexus can expedite the GSE approval process to deliver eMortgages.

"Nexus Closing gives lenders the flexibility to make the closing experience as digital as they want," said SimpleNexus CEO Cathleen Schreiner Gates. "In addition to giving borrowers more time to review and understand closing documents, Nexus Closing offers lenders substantial ROI with improved operational efficiency, increased data integrity and faster delivery of loans to the secondary market."

Nexus Closing™ provides borrowers a memorably modern closing experience as part of an end-to-end, single-sign-on homebuying experience that increases repeat and referral business. The solution comes with integrated remote online notarization (RON) and eSigning, automatic generation of a tamper-sealed eNote document and delivery of the eNote into a secure eVault for delivery to the MERS® eRegistry.

To view Fannie Mae's complete eClosing Technology Service Provider List, visit: https://singlefamily.fanniemae.com/applications-technology/eclosings-emortgages

To view Freddie Mac's Reviewed Vendor List for eMortgage, visit: https://sf.freddiemac.com/working-with-us/electronic-loan-documents/reviewed-vendor-list

For more information about Nexus Closing™ eMortgage, visit: https://www.simplenexus.com/emortgage/

About SimpleNexus, LLC:

SimpleNexus is a homeownership platform transforming the mortgage experience and connecting borrowers, loan officers, real estate agents and settlement service providers throughout the homebuying process. The platforms' native mobile toolset enables lenders to originate, process and close home loans from anywhere with increased efficiency and convenience. Loan officers can manage their loan pipelines, order credit, run pricing, send pre-approvals, sign disclosures and execute eClosings - all on the go. SimpleNexus provides borrowers with a single sign-on experience from home search to the application, document upload, eClose and beyond for a more streamlined homeownership journey.

Learn more at: https://www.simplenexus.com/

Twitter: @SimpleNexus #digitalmortgage #mortgageindustry #mortgagelending #eMortgage #eClosing

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.

Related link: https://simplenexus.com/

Mid America Mortgage Adds Pete Jackson as Divisional Director for Wholesale/Non-Delegated Correspondent Channel, Tim Frohock as Regional Director

ADDISON, Texas /ScoopCloud/ -- Mid America Mortgage, Inc. (Mid America) announced today that Pete Jackson has joined the company as a divisional director and Tim Frohock as a regional director. With more than 30 years of wholesale and correspondent lending experience, Jackson and Frohock will play a critical role in the continued growth and success of Mid America's wholesale/non-delegated correspondent lending channel.

"Pete and Tim's unique backgrounds and expertise in agency and government lending have been an ideal cultural fit for Mid America, as we continue to cater uniquely to the home financing needs of everyday Americans including veterans, FHA borrowers and those in rural America," said Mid America's Executive Director of TPO Lending Adam Rieke. "By combining these specialized government lending products with our One Time Close product, MAM is ideally positioned to attack the national housing shortage and continue to provide affordable financing options even in the new construction space."

Rieke, Jackson and Frohock have a long history of working together. All three started their mortgage banking careers together at Carl I. Brown and Company/First Tennessee Bank and remained there for 10 years, becoming regional vice presidents managing Operations and Sales. Later, when Jackson was managing a divisional office for Bank of America, Frohock recruited him to join SunTrust Bank as a regional wholesale vice president and help build a fulfillment center in Overland Park, Kansas. After successfully managing Production and Operations centers for SunTrust Bank for many years, Jackson and Frohock continued to work in the Wholesale/Non-Delegated space, as did Rieke, but all three worked for competing organizations. Most recently, Jackson recruited Frohock to join him and Rieke at Mid America Mortgage and build a Western Regional office in Phoenix.

"As a pioneer and innovator in the digital mortgage space, Mid America continues to provide secure and convenient remote digital closing options, which have become critical over the past year for closing continuity amid the COVID lockdown," said Mid America Owner and CEO Jeff Bode. "Our continued commitment to technology coupled with our industry-leading turn times make Mid America an ideal landing spot for tech-savvy, growth-minded account executives, a fact bolstered by the top workplace honors we've received from numerous industry trade magazines."

Mid America is actively seeking account executives in every market across the United States. To learn more about opportunities in Mid America's wholesale division, contact Pete Jackson at: pete.jackson@midamericamortgage.com

About Mid America Mortgage, Inc.

Mid America Mortgage, Inc., Addison, Texas, is a multi-state, full-service mortgage lender serving consumers and mortgage originators through its retail, wholesale and correspondent channels. We offer a wide range of residential home loan programs to meet the needs of most home buyers and homeowners and are also the nation's leading provider of Section 184 home loans for Native Americans. Learn more at https://www.midamericamortgage.com/.

In operation since 1940, Mid America has thrived by retaining its entrepreneurial spirit and leading the market in innovation, including its adoption of eClosings eNotes. Click n' Close is Mid America's ultra-secure, digital mortgage approval and closing process that gets home buyers from application to closing within two weeks. With just a few clicks at closing, Click n' Close puts keys in the home buyer's hand in 15 minutes or less. Apply online at https://www.midamericamortgage.com/click-n-close/#cnc.

Frequently named a top mortgage employer/workplace by industry trade magazines such as Mortgage Professional America, MReport, National Mortgage News and National Mortgage Professional, Mid America is looking for tech-savvy, service-oriented mortgage professionals to join our growing team. We are dedicated to providing our employees with industry-leading tools and technology to deliver a great package of competitive pricing, programs and knowledgeable service. Want to join our team? Visit https://www.midamericamortgage.com/careers/.

Twitter: @midamericamtge

Mid America Mortgage, Inc. (Mid America) announced today that Pete Jackson has joined the company as a divisional director and Tim Frohock as a regional director. With more than 30 years of wholesale and correspondent lending experience, Jackson and Frohock will play a critical role in the continued growth and success of Mid America's wholesale/non-delegated correspondent lending channel.

Related link: https://www.midamericamortgage.com/