Category Archives: Finance

ICS Welcomes Adam Finesilver CPA to the New Alabama Office

MONTGOMERY, Ala. /ScoopCloud/ -- ICS Tax, LLC is excited to announce its Southeast regional expansion with a new office in Montgomery, Alabama. ICS welcomes Adam Finesilver, CPA as its Regional Director. Adam brings over 13 years of experience providing tax advisory services to clients in real estate, financial and professional services industries. He graduated Summa Cum Laude, earned a Master of Accountancy, and has devoted his time to public accounting since 2007.

Adam said he "is thrilled to join ICS Tax to better serve his clients with tax saving opportunities such as cost segregation, 45L credits and R&D tax credits." In his role, he will be collaborating with taxpayers and tax professionals to identify credits, deductions, and incentives that can significantly reduce tax liabilities and increase profitability.

Montgomery, Alabama has been home to Adam for the past twenty years, where he resides with his wife and three young children. He has given back to his community by serving on the Montgomery Chamber of Commerce and as ambassador for the Alabama Society of Certified Public Accountants (ASCPA).

The new ICS Tax, Montgomery Alabama office is fully supported by a team of nationwide engineers and tax consultants. Adam is poised and ready to lower your tax liabilities!

ABOUT ICS TAX, LLC:

ICS Tax, LLC (ICS) is a consulting firm providing innovative tax planning strategies and specializes in both the 45L and 179D tax incentives. ICS collaborates with taxpayers and their tax professionals to identify credits and incentives that reduce tax liabilities and increase profitability. ICS provides nationwide service through its offices located throughout the country.

Learn more at https://ics-tax.com/.

ICS Tax, LLC is excited to announce its Southeast regional expansion with a new office in Montgomery, Alabama. ICS welcomes Adam Finesilver, CPA as its Regional Director. Adam brings over 13 years of experience providing tax advisory services to clients in real estate, financial and professional services industries.

Related link: https://ics-tax.com/

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

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

The Inc. 5000 ranks companies by overall revenue growth over a three-year period. Over the past three years, DocMagic achieved a growth rate of 67 percent, due in large part to dramatic increases in adoption of the company's award-winning Total eClose(tm) solution among mortgage lenders.

In the last 18 months, as mortgage lenders faced unprecedented challenges brought on by the pandemic, they increasingly turned to DocMagic's digital mortgage advisory services, remote implementation model, and strategic approach to automating new workflows. DocMagic's extensive subject matter expertise combined with its single-source Total eClose platform has helped numerous lenders successfully meet the many demands of a rapidly changing, high volume market.

"DocMagic has been a market leader for years, so lenders naturally turn to us first when they want to elevate their processes or need to adapt to new circumstances, and that's exactly what's happened since the start of the pandemic," said Dominic Iannitti, president and CEO of DocMagic. "We're proud of our market strength, which is demonstrated in our three-year growth rate."

An industry pioneer of eMortgage solutions and services, DocMagic launched the industry's first end-to-end eClosing solution in 2014, which included complete automation of the process along with dynamic docs with embedded eSignature capability, data integrity, SMART Doc(r) eNote generation, continuous compliance, and eNotary technology - all from within its single-source platform.

DocMagic has also been recognized for having the highest customer satisfaction levels and greatest adoption of its eClosing solution, as ranked by multiple independent third-party mortgage technology studies.

"We're honored to be named to the 2021 Inc. 5000 list among so many innovative and accomplished companies," said Iannitti. "Early on, we invested heavily in R&D to engineer the right blend of digital mortgage and eClosing technologies. DocMagic's ongoing growth reflects the diligent work and unwavering efforts of our entire company."

"The 2021 Inc. 5000 list feels like one of the most important rosters of companies ever compiled," says Scott Omelianuk, editor-in-chief of Inc. "Building one of the fastest-growing companies in America in any year is a remarkable achievement. Building one in the crisis we've lived through is just plain amazing. This kind of accomplishment comes with hard work, smart pivots, great leadership, and the help of a whole lot of people."

The Inc. 5000 list represents a unique look at the most successful companies within the U.S. economy's most dynamic segment, independent small businesses. Intuit, Dell, LinkedIn, Zillow, Zappos, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.

Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000.

Inc. Methodology

Companies on the 2021 Inc. 5000 are ranked according to percentage revenue growth from 2017 to 2020. To qualify, companies must have been founded and generating revenue by March 31, 2017. They must be U.S.-based, privately held, for-profit, and independent - not subsidiaries or divisions of other companies - as of December 31, 2020. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2017 is $100,000; the minimum for 2020 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to three decimal places. There was one tie on this year's Inc. 5000. Companies on the Inc. 5000 are featured in Inc.'s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/inc5000.

About Inc. Media

The world's most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including web sites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Vision Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.

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/.

Social: @DocMagic #eClosingLeader #TotaleClose #eMortgageServices #DigitalMortgageFintech #2021Inc5000List

MEDIA CONTACT:
Joe Bowerbank
Profundity Communications, Inc.
949-378-9685
jbowerbank@profunditymarketing.com

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

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

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

SAN DIEGO, Calif. /ScoopCloud/ -- The Mortgage Collaborative (TMC), the nation's largest independent cooperative network serving the mortgage industry, announced today that the TMC Emerging Technology Fund LP (the "Fund") recently led a pre-Series A investment round in Home Lending Pal, a technology-enabled marketplace that focuses on fair lending practices by using artificial intelligence and distributed ledger technology to turn a complex home research and origination process into an easy online shopping experience for both qualified and unqualified borrowers.

Home Lending Pal's platform assists consumers, particularly minorities and millennials, to assess their financial ability to take on a mortgage. It also guides them to take actions to improve their access to mortgage financing and select mortgage originators with whom they want to share their application information based on an AI algorithm that predicts probability to close.

"TMC understands that progressive approaches to addressing fair lending and bridging the homeownership gap are needed, and the unique access the Fund provides to TMC's network of prominent industry lenders will be vital in helping Home Lending Pal build a process that de-identifies HMDA data until after the underwriting decision is made," Bryan Young, co-founder and CEO of Home Lending Pal, said. "This revolutionary technology allows underwriting data to be digitally validated while using a single upload of documentation to enable multiple lenders across the country to determine if they will work with the borrower without human biases from the upfront disclosure of age, sex or race."

"Financial inclusion must start with equal access, borrower data empowerment, and personalized education without sales pressure," said Steven Better, co-founder and COO of Home Lending Pal. "Home Lending Pal reduces origination friction for qualified borrowers and allows personalized roadmaps for unqualified borrowers to become qualified. I am excited to work with TMC to modernize the process by emphasizing fair lending and putting people first."

"The mortgage industry is embracing the idea of providing educational financial resources to consumers long before they begin their home buying journey and seek out lenders for financing options. Home Lending Pal exemplifies this concept by providing a much-needed solution to a pervasive issue," said Jonathan Freed, Managing Partner of Holland Mortgage Advisors and one of the Fund's participating Limited Partners. "We are excited by Home Lending Pal's cutting edge technology and the opportunity to collaborate with their forward-thinking team to improve access to home financing solutions by all consumers."

Orlando-based Angel Syndicate Bluewave Investment Partners, CMFG Ventures, Dallas Cowboys linebacker Jaylon Smith, and CMFG Ventures Discovery Fund are other notable investors who joined the round. Home Lending Pal has raised $3.5 million to date for its digital mortgage advising platform, powered by artificial intelligence and blockchain. Home Lending Pal will demonstrate the next phase to the Consumer Financial Protection Bureau (CFPB) in early September and release it to the public for consumer use and feedback by late September.

The Limited Partners of the TMC Emerging Technology Fund consist of some of the most technology-forward lender members of TMC who evaluate and invest in companies looking to advance the mortgage industry. The Fund continues to look for investment opportunities that will result in higher profitability and business process improvement for TMC lender members.

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 mid-size 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 http://www.mortgagecollaborative.com/.

The Mortgage Collaborative (TMC), the nation's largest independent cooperative network serving the mortgage industry, announced today that the TMC Emerging Technology Fund LP (the "Fund") recently led a pre-Series A investment round in Home Lending Pal, a technology-enabled marketplace .

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

Financial Advisor Keith Eckhardt of Edward Jones Receives Accredited Asset Management Specialist® Designation

COLORADO SPRINGS, Colo. /ScoopCloud/ -- Financial Advisor Keith Eckhardt of the financial services firm Edward Jones in Colorado Springs, Colorado has achieved the professional designation of Accredited Asset Management Specialist®.

Eckhardt successfully completed the Accredited Asset Management Specialist, or AAMS®, Professional Education Program from the Denver−based College for Financial Planning. Those who complete the program, pass a final exam, and sign a code of ethics and disclosure form earn the AAMS® designation.

This advanced training offers investment professionals the hands−on information needed to provide comprehensive financial services. Study topics include understanding the asset management process and understanding asset allocation and strategies.

His office is located at Broadmarket Square, 1763 South 8th St, Ste 1, Colorado Springs, CO 80905.

Edward Jones, a Fortune 500 company headquartered in St. Louis, provides financial services in the U.S. and, through its affiliate, in Canada. Every aspect of the firm's business, from the investments its financial advisors offer to the location of branch offices, caters to individual investors. The firm's nearly 19,000 financial advisors serve more than 7 million clients with a total of $1.6 trillion in assets under care. Visit edwardjones.com or the recruiting website at careers. https://www.edwardjones.com/. Member SIPC.

CONTACT:
Keith Eckhardt, 719-578-5833

Financial Advisor Keith Eckhardt of the financial services firm Edward Jones in Colorado Springs, Colorado has achieved the professional designation of Accredited Asset Management Specialist®.

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

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

SAN FRANCISCO, Calif. /ScoopCloud/ -- Nomis Solutions (Nomis), a global, industry-leading pricing and profitability management solutions provider, recently introduced several product enhancements to its mortgage technology solution, further enhancing the market intelligence and actionable pricing capabilities available to its mortgage lending clients. Updated data frequency and enhanced coverage further expand users' view into the granular pricing intel needed to compete more effectively in local markets, and brand-new Margin Setter functionality enables users to better maintain a strategic and competitive market position, despite a constantly shifting landscape.

The newly released, intuitive Margin Setter dashboard enables mortgage lenders to maintain the most strategic market position month-over-month. Utilizing the more than 35 million data pricing points Nomis collects daily, Margin Setter provides users with a visual reference of where and how to adjust margins for their conforming loan products based on their unique performance and benchmarking goals. These actionable recommendations can be easily applied as loan amount and state margin adjustments within the margin management tools of a user's product and pricing engine (PPE) to ensure they maintain their desired position across all markets.

Nomis also made adjustments to the frequency with which its solution updates daily rate data to more closely align the refresh rate with dynamic market changes. In addition to this enhanced alignment, users now have access to data for another 30 new metropolitan statistical areas (MSAs), thus delivering even more granular pricing intel to enable them to compete more effectively on a local market level.

"Our goal is to provide mortgage lenders with actionable and value-backed insights from day one of their integration with us so that they can make smarter, more profitable pricing decisions," explained Prashant Balepur, senior vice president of product at Nomis Solutions. "With the addition of Margin Setter and the adjustments to our data refresh frequency, our users can now extract even more rate and pricing intelligence, enabling them to further refine their pricing strategies based on local market conditions to achieve their optimal market position goals."

Nomis' sophisticated mortgage technology solution provides real-time pricing analytics and competitive intelligence, enabling leading mortgage lenders to identify and quickly act on market opportunities, strengthen customer relationships, optimize internal operations and maximize profitability. With Nomis, mortgage lenders save time and resources, experience an increase in lead-to-application conversion rates, and can more accurately identify and react to profitable opportunities.

About Nomis Solutions

Nomis Solutions is a global, industry-leading pricing and profitability management solutions provider that delivers competitive intelligence to bankers and mortgage lenders to facilitate more advanced pricing strategies. The company's analytics platform and end-to-end pricing tools enable retail banks and mortgage lenders to achieve customer- and borrower-centric pricing backed by real-time, actionable data. The platform also supports banks and mortgage lenders in their understanding and anticipation of the evolving demands of customers and borrowers, competitors, and ever-changing market conditions. For more information, please visit http://www.nomissolutions.com/.

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

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

EPIC Welcomes Peter Marshall – Further Strengthens Entertainment and Sports Practice

SAN FRANCISCO, Calif. /ScoopCloud/ -- EPIC Insurance Brokers and Consultants, a retail property and casualty insurance brokerage and employee benefits consultant, announced today that Peter Marshall has joined its Entertainment & Sports practice as Managing Principal, Media Services.

Marshall will play a pivotal role in the continued development of the firm's Entertainment side of the business. He brings nearly two decades of experience in the insurance industry, with a specific focus on Film, Television and New Media.

Marshall has developed risk management protocols for some of the world's leading film, television, and new media production companies, including many Oscar, Emmy, and Golden Globe Award nominated and winning shows. He has developed pandemic coverage, Cyber, Management Liability, Political Risk, Hurricane, and Kidnap, Ransom & Extortion programs for these companies as well. Marshall has also created production and Intellectual Property insurance programs.

Marshall produced feature films and long-form television prior to becoming an insurance and risk advisor. During his years of experience in the film industry, while based in Los Angeles, he was Senior Vice President of Film Production at Lionsgate, and head of television production at Trimark Pictures. He also served as an executive at several prominent independents where he developed screenplays and oversaw the production through delivery of many lauded and successful feature, cable, and network television films.

"Peter brings an incredible depth of wide-ranging expertise to this role, allowing EPIC to further expand our offerings and immediately benefit our entertainment clients," said Scott Davis, President, National Specialty Practices at EPIC. "We are thrilled to have him join our team and help us continue our growth in this specialized area," Davis continued. Marshall will report to Davis.

Marshall graduated Cum Laude with a B.A. from Yale College, and an M.F.A. from the Yale School of Drama. He is a licensed Property and Casualty broker in New York, California, Georgia, Virginia, Louisiana, and Florida. Marshall is an active community member, supporting many organizations including Ronald McDonald House.

Peter Marshall

peter.marshall@epicbrokers.com

Phone: (310) 721-4323

About EPIC Insurance Brokers & Consultants

EPIC Insurance Brokers & Consultants, a retail insurance brokerage, has more than 2,600 team members operating from more than 80 offices across the U.S., providing Property and Casualty, Employee Benefits, Specialty Programs, and Private Client solutions to clients. EPIC ranks among the top 15 retail insurance brokers in the U.S. https://www.epicbrokers.com/

EPIC Insurance Brokers and Consultants, a retail property and casualty insurance brokerage and employee benefits consultant, announced today that Peter Marshall has joined its Entertainment & Sports practice as Managing Principal, Media Services.

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

Knowledge Coop Appoints Brian Paine as Director of Technology

VANCOUVER, Wash. /ScoopCloud/ -- Knowledge Coop, the industry's top online compliance training and virtual work platform, today announced it has hired Brian Paine as Director of Technology. His responsibilities at Knowledge Coop include maintaining a stable working environment for all of Knowledge Coop's technical operations, including its flagship virtual workspace for centralizing compliance training The Coop; spearheading future tech enhancements and improvements; and ensuring security processes are up-to-date and monitored.

"Brian Paine's decades of experience in the tech industry make him an already invaluable and welcome addition to the Knowledge Coop team," said Knowledge Coop president Ken Perry. "As Knowledge Coop continues to grow, we expect Brian's expertise to play a pivotal role. Brian's experience as security and infrastructure will be particularly valuable as we expand the features and functionality of The Coop."

Paine comes to Knowledge Coop after spending nearly four years at PayPal as both a Security Architect and Infrastructure Architect. Paine has also served in integral technology roles at Entisys360, Western Precooling, Live Nation, Charles Schwab and Nordstrom.

"I look forward to the opportunity to work side-by-side with Ken and the Knowledge Coop team to leverage my 23 years of experience in the tech industry in bringing Ken's extraordinary vision and SaaS platform to unprecedented levels with its current and ever-growing user base," said Paine. "Over the last 13 years, I have watched Ken bring to market a well-thought and extremely customer-centric SaaS learning management system, business social platform and community that serves to enlighten and entertain in very unique, thought-provoking and fun ways.

"This is yet another new and exciting chapter in my career, and I am ready for the next ride and where my Knowledge Coop leadership team peers and I will take it," continued Paine.

About Knowledge Coop

Knowledge Coop has transformed compliance, continuing education and training in the mortgage industry. In addition to creating entertaining and engaging NMLS, pre-licensure and annual compliance training videos, the company has also developed The Coop, a virtual workspace for delivering, tracking and reporting on training. Users can also collaborate and communicate with their peers and Knowledge Coop's team of compliance experts, thus creating an internal hub for education and expertise. To date, Knowledge Coop has helped more than 100 mortgage and real estate companies and 24,000 users maintain compliance with federal and state continuing education requirements as well as housing finance rules and regulations. To learn more, visit https://www.knowledgecoop.com.

Knowledge Coop, the industry's top online compliance training and virtual work platform, today announced it has hired Brian Paine as Director of Technology. His responsibilities at Knowledge Coop include maintaining a stable working environment for all of Knowledge Coop's technical operations.

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

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

DENVER, Colo. /ScoopCloud/ -- Inc. magazine today revealed that Maxwell ranks in the top 3% of its annual Inc. 5000 list of fastest-growing private companies at number 154. Maxwell was also named the 15th fastest-growing software company in the country. The prestigious Inc. 5000 list takes a unique look at the most successful companies within the American economy's most dynamic segment-its independent small businesses. Intuit, Zappos, Under Armour, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.

Maxwell uses technology to streamline and accelerate the mortgage process for lenders serving America's communities and their borrowers. Its AI automation, built on aggregated loan data from its network and real-time data insights, offloads manual tasks for lending teams, helping them focus on high-value work. To date, Maxwell has facilitated over $130 billion in loan volume, closing loans on its platform 45% faster than the national average.

In the past few years, Maxwell has scaled from a point of sale to an increasingly all-inclusive solution for small to midsize lenders. As a part of that journey, Maxwell released its Fulfillment Platform, a benefit for customers that offers tech-enabled onshore processing, underwriting, and closing talent, in May of 2020. Most recently, the company introduced Maxwell Diligence, providing quality control and due diligence solutions. As Maxwell's product offerings expanded and customer demand skyrocketed, the Maxwell employee base grew by more than 14x over the last three years.

"We're thrilled and honored to be included on the 2021 Inc. 5000 list. Our team has worked tirelessly over recent years to add value to lenders serving communities across the country," said Maxwell co-founder and CEO John Paasonen. "No one could have predicted the unique market in 2020. In last year's rapidly changing mortgage market, we were able to deliver products and solutions that helped lenders support their borrowers through an unprecedented time."

Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000. The top 500 companies are featured in the September issue of Inc., which will be available on newsstands on August 20.

About Maxwell

Maxwell empowers mortgage lenders to enhance borrower experience, increase efficiency, and improve their economics by intelligently automating workflow through its digital platform and technology-powered solutions. Hundreds of mortgage lenders, banks, and credit unions nationwide use the Maxwell platform to serve thousands of homebuyers every day. Founded in 2015, Maxwell is a member of the Mortgage Bankers Association and is proud to be built in Denver, Colorado. Learn more at: https://himaxwell.com/.

Inc. magazine today revealed that Maxwell ranks in the top 3% of its annual Inc. 5000 list of fastest-growing private companies at number 154. Maxwell was also named the 15th fastest-growing software company in the country.

Related link: https://himaxwell.com/

Sales Boomerang named a top mortgage technology provider by Mortgage Professional America

WASHINGTON, D.C. /ScoopCloud/ -- Sales Boomerang, the industry's top-rated automated borrower intelligence and retention system, was recognized today as a 5-Star Mortgage Tech provider by Mortgage Professional America (MPA) magazine. The award recognizes the U.S. mortgage industry's top mortgage technology providers as verified by originators and tech specialists across the country.

"We are honored to have earned this award on behalf of the entire Sales Boomerang team, our clients and their borrowers," said Sales Boomerang CEO Alex Kutsishin. "Sales Boomerang works day in and day out to ensure lenders are able to present their borrowers with the right loan opportunities at the right time. We're proud to share our No Borrower Left Behind ethos with the mortgage industry and look forward to helping lenders reach new heights in customer satisfaction and retention."

Nominated companies were evaluated by MPA's team of editors and researchers. Sales Boomerang was chosen for the transformative role it has played in the mortgage industry as the first-ever fully automated borrower intelligence and retention system. By monitoring lenders' customer databases to identify real borrower lending opportunities, Sales Boomerang allows loan officers to extend timely offers of help for individual borrowers. To date, Sales Boomerang has discovered over $30 billion in new volume in total originations and helped lenders record up to 85% borrower retention rates, well over the industry average of 18%.

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 125 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 @MPAMagazineUS @PowerOriginator #mortgageindustry #mortgagenews

Sales Boomerang, the industry's top-rated automated borrower intelligence and retention system, was recognized today as a 5-Star Mortgage Tech provider by Mortgage Professional America (MPA) magazine. The award recognizes the U.S. mortgage industry's top mortgage technology providers as verified by originators and tech specialists across the country.

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

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

WASHINGTON, D.C. /ScoopCloud/ -- Sales Boomerang, the mortgage industry's top-rated automated borrower intelligence and retention system, debuted this week on Inc. magazine's Inc. 5000 list, an annual ranking of America's fastest-growing private companies. Sales Boomerang ranked #101 overall, placing the company among the top 3% of all private companies in America based on three-year revenue growth of 3,882% and outpacing every other company in the residential mortgage industry. Sales Boomerang was also recognized as the nation's No. 6 fastest-growing software company and as the No. 4 fastest-growing company based in Maryland.

Sales Boomerang revolutionized the relationship between mortgage lenders and borrowers with the 2017 introduction of the only automated borrower intelligence and retention system that tells lenders exactly when anyone in their database is ready for a loan. To date, Sales Boomerang has helped mortgage lenders discover more than $30B in overlooked loan opportunities and created financial opportunities for tens of thousands of homeowners while pursuing its No Borrower Left Behind(tm) mission.

"All of us at Sales Boomerang are extremely proud to join the Inc. 5000 and especially to make our entrance in the top 3% of private companies nationwide," said Sales Boomerang CEO Alex Kutsishin. "We dedicate this recognition to our amazing customers and team, who have made it possible for us to uplift an entire industry and begin changing the way it relates to - and earns the lifetime loyalty of - borrowers."

"The 2021 Inc. 5000 list feels like one of the most important rosters of companies ever compiled," said Scott Omelianuk, editor-in-chief of Inc. "Building one of the fastest-growing companies in America in any year is a remarkable achievement. Building one in the crisis we've lived through is just plain amazing. This kind of accomplishment comes with hard work, smart pivots, great leadership and the help of a whole lot of people."

Sales Boomerang significantly outperformed the 2021 Inc. 5000's average median three-year growth rate of 543% and joined a prestigious set of companies that together added more than 610,000 jobs to the U.S. economy over the past three years. The complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region and other criteria, can be found at: https://www.inc.com/inc5000. The top 500 companies, including Sales Boomerang, will be featured in the September issue of Inc. magazine, available on newsstands August 20.

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 125 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.

About Inc. Media:

The world's most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including web sites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Vision Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit https://www.inc.com/.

@SalesBoomerang @Inc #Inc5000

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

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

Real Estate Technology Firm Swift Homes Partners with iHeartMedia on Marketing Campaign

CHICAGO, Ill. /ScoopCloud/ -- Today, Swift Homes announced a partnership with iHeartMedia on a multiplatform marketing campaign across multiple markets in the United States to help build awareness of Swift Homes' benefits and seller-friendly offerings that are available to consumers who are looking for real estate advice and services.

"Our partnership with iHeartMedia is important because of the scope and scale they provide," a Swift Homes senior executive said. "Their relationship with their audience allows Swift Homes to effectively communicate to prospective home sellers - educating audiences across the country about simplifying their home selling process."

Swift Homes is a technology company specializing in fast and easy home sales without the seller needing to list their property with a realtor. Their innovative platform provides home sellers with a fast cash offer and closing as quickly as thirty days after signing a contract. Home sellers pay no traditional broker fees, make no repairs, and close and receive cash as soon as thirty days after signing a contract.

Swift Homes stands out among its competitors because it operates across the United States, so sellers aren't limited to specific geographies. In addition, Swift Homes provides special seller-friendly offerings such as allowing sellers to remain in their homes with a rent back program. Even more, Swift Homes will typically make a purchase even if the home being sold is an investment home with tenants.

The marketing campaign has begun and is running across iHeartMedia broadcast radio stations in six markets including: Birmingham, Cincinnati, Fayetteville, Memphis, Raleigh, and St. Louis.

About Swift Homes

Swift Homes is the pre-eminent buyer of homes within the real estate tech space. Their technology has revolutionized and simplified the way a home is sold by streamlining the process and removing unnecessary fees and time that come from listing a home with a broker. With over 20,000 offers made, Swift Homes is one of the largest technology-based home buyers in the country, and their team has over 20 years of experience purchasing homes. In short, if sellers need to sell fast or for any reason, they can sell to Swift Homes in a few easy steps.

About iHeartMedia

iHeartMedia, Inc. [Nasdaq: IHRT] is the leading audio media company in America, reaching over 250 million people each month. It is number one in both broadcast and digital streaming radio as well as podcasting and audio ad tech and includes three business segments: The iHeartMedia Multiplatform Group; the iHeartMedia Digital Audio Group; and the Audio and Media Services Group. Visit https://www.iheartmedia.com/ for more company information.

MORE INFORMATION:

Swift Homes is located at 875 North Michigan Avenue Suite 3218 in Chicago and can be reached by calling (877) 861-2466. For more information visit http://www.selltoswift.com/ or email hello@SelltoSwift.com.

Today, Swift Homes announced a partnership with iHeartMedia on a multiplatform marketing campaign across multiple markets in the United States to help build awareness of Swift Homes' benefits and seller-friendly offerings that are available to consumers who are looking for real estate advice and services.

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

SimpleNexus lands on the 2021 Inc. 5000, marking its fourth consecutive year on the list

LEHI, Utah /ScoopCloud/ -- SimpleNexus (https://simplenexus.com/), developer of the leading homeownership platform for loan officers, borrowers, real estate agents and settlement agents, announced it has been included on the Inc. 5000 list for the fourth consecutive year.

Including 15 of the top-25 retail lenders, more than 39,000 loan officers at over 300 mortgage companies nationwide use SimpleNexus. To date, the platform has enabled lenders to connect with 4.5 million borrowers and 141,000 real estate partners. In 2020 alone, SimpleNexus' homeownership platform touched $520 billion in loans.

"Since its founding, SimpleNexus has changed the way borrowers and lenders view mortgage technology," said SimpleNexus CEO Cathleen Schreiner Gates. "We are determined to make completing mortgage loans accessible from anywhere, for lenders and borrowers."

"The 2021 Inc. 5000 list feels like one of the most important rosters of companies ever compiled," says Scott Omelianuk, editor-in-chief of Inc. "Building one of the fastest-growing companies in America in any year is a remarkable achievement. Building one in the crisis we've lived through is just plain amazing. This kind of accomplishment comes with hard work, smart pivots, great leadership, and the help of a whole lot of people."

Among the Inc. 5000 list, the average median three-year growth rate soared to 543 percent, and median revenue reached $11.1 million. Together, those companies added more than 610,000 jobs over the past three years. The complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region and other criteria, can be found on the Inc. website.

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 Inc. Media:

The world's most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including web sites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Vision Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.

Twitter: @SimpleNexus @Inc #Inc5000

SimpleNexus, developer of the leading homeownership platform for loan officers, borrowers, real estate agents and settlement agents, announced it has been included on the Inc. 5000 list for the fourth consecutive year.

Related link: https://simplenexus.com/

LBA Ware makes the Inc. 5000 list of America’s fastest-growing companies for the third consecutive year

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 clinched a spot on the 2021 Inc. 5000 list, the most prestigious ranking of the nation's fastest-growing private companies. This marks LBA Ware's third consecutive year on the list, coming in at number 2070.

Since 2008, LBA Ware has been helping mortgage companies reach new heights with software that uses lender data to incentivize performance and inspire 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.

"We are thrilled to be included on the Inc. 5000 list for the third year," said LBA Ware Founder and CEO Lori Brewer. "LBA Ware's consistent momentum is testament to our passion to bring simplicity to lenders - from managing incentive compensation to extracting actionable, real-time business intelligence from production data."

"For decades, Inc. has welcomed the fastest-growing private companies in America, and this year's set of winners places the bar very high indeed," said Inc. editor-in-chief Scott Omelianuk. "Companies that made the list, on average, have grown sixfold since 2016. During a stretch when the economy grew just 15 percent, that's a result most businesses could only dream of."

The complete list of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at https://www.inc.com/.

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 Inc. Media:

The world's most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com. For more information on the Inc. 5000 Conference, visit http://conference.inc.com/.

Twitter: @LBAWare @Inc #Inc5000

LBA Ware, a leading provider of incentive compensation management (ICM) and business intelligence (BI) software solutions for the mortgage industry, today announced it has clinched a spot on the 2021 Inc. 5000 list, the most prestigious ranking of the nation's fastest-growing private companies. This marks LBA Ware's third consecutive year on the list, coming in at number 2070.

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

FormFree makes inaugural appearance on 2021 Inc. 5000, ranking 1444

ATHENS, Ga. /ScoopCloud/ -- FormFree® today announced it has ranked 1,444 on the 2021 Inc. 5000. This annual list represents a unique look at the most successful companies within the American economy's most dynamic segment: its independent small businesses. Intuit, Zappos, Under Armour, Microsoft, Patagonia and many other well-known names gained their first national exposure as honorees on the Inc. 5000.

FormFree has pioneered the effort to modernize and democratize credit decisioning with its AccountChek® and Passport™ products used by millions of consumers and thousands of lenders, including more than 60% of the industry's top-50 lenders. FormFree delights borrowers and lenders with a paperless experience that reduces origination timelines by up to 20 days and offers automated analysis and standardized delivery to lenders and investors using a secure ReIssueKey®.

"Our products have enhanced the lending experience for all parties. It's our mission to make the borrowing process simple and accurate," said FormFree Founder and CEO Brent Chandler. "All of us at FormFree are elated to be included on the Inc. 5000 list and even more determined to continue to take the hassle out of financial verification."

"The 2021 Inc. 5000 list feels like one of the most important rosters of companies ever compiled," says Scott Omelianuk, editor-in-chief of Inc. "Building one of the fastest-growing companies in America in any year is a remarkable achievement. Building one in the crisis we've lived through is just plain amazing. This kind of accomplishment comes with hard work, smart pivots, great leadership, and the help of a whole lot of people."

Among the Inc. 5000, the average median three-year growth rate soared to 543 percent, and median revenue reached $11.1 million. Combined, those companies added more than 610,000 jobs over the past three years. The complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000.

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 Inc. Media

The world's most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including web sites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Vision Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.

Twitter: @RealFormFree @Inc #Inc5000 #mortgageindustry #fintech #financialinclusion

FormFree today announced it has ranked 1,444 on the 2021 Inc. 5000. This annual list represents a unique look at the most successful companies within the American economy's most dynamic segment: its independent small businesses. Intuit, Zappos, Under Armour, Microsoft, Patagonia and many other well-known names gained their first national exposure as honorees on the Inc. 5000.

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

Galway Holdings Announces Strategic Acquisition of MAI Capital Management

SAN FRANCISCO, Calif. /ScoopCloud/ -- Galway Holdings ("Galway") today announced its investment in MAI Capital Management LLC ("MAI"). The move adds a new business vertical in financial and wealth management services to complement existing business relationships within EPIC Insurance Brokers & Consultants as well other areas of specialization across all Galway platforms.

MAI is a full-service, independent 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 through M&A. MAI's executive team will remain intact.

John Hahn, Executive Chairman, Galway Holdings said, "We are excited to partner with Rick Buoncore and the MAI team to provide capital and resources that will help sustain the continued growth of its premier wealth management platform. This includes our shared vision of delivering risk management and insurance solutions via our EPIC Select platform directly to high-net and ultra-high-net-worth clients and MAI's best-in-class trusted advisory services under one roof."

Rick Buoncore, MAI's Managing Partner, commented, "Clients want expertise, simplicity and a full range of financial solutions. Our new partnership with Galway gives MAI the opportunity to continue evolving in an ever-changing financial services landscape. By launching this unique approach, we can provide our clients with integrated and easy-to-access expertise across the financial spectrum, with the goal of making their lives simpler in an increasingly complex world. This is a natural evolution for MAI and builds upon the foundation we created four years ago by aligning with Wealth Partners Capital Group, which has expanded our reach and made us more accessible to clients nationwide."

MAI established a partnership with Wealth Partners Capital Group ("WPCG") in 2017, and they have worked together to identify and acquire RIAs seeking access to expanded business capabilities, strategic growth, and customized solutions. The partnership has resulted in 12 acquisitions, strategically broadening MAI's geographic footprint and enhancing its service model. WPCG will maintain an equity position in MAI while continuing to collaborate on additional growth opportunities.

Galway's investors include three prominent private equity firms: Carlyle Group, Oak Hill Capital, and Harvest Partners. Steve Carlson, Partner at Harvest Partners added, "Last December, we partnered with Galway because, among other things, we believed the team would be able to unlock differentiated opportunities during our investment. MAI and the move into high-net-worth wealth management is one of those opportunities and we are thrilled to be involved as it redefines the risk and wealth management marketplace."

Truist Securities served as financial advisor to Galway while Ropes Gray LLP served as legal counsel to Harvest and Galway. Ardea Partners LP served as financial advisor to MAI and Holland & Knight LLP provided legal counsel to MAI and WPCG.

About Galway Insurance Holdings

Galway Insurance Holdings, LP ("Galway Holdings"), 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 ("MAI") is a fee-based registered investment adviser and wealth management firm based in Cleveland with additional offices in Cincinnati, OH, Ponte Vedra Beach and Naples, FL, Nashua, NH, Irvine, CA, Reston, VA, Little Rock, AR, New York City and St. Louis and a presence in Columbus, OH and Miami. The firm also provides comprehensive investment management and planning services to high-net-worth individuals, families and athletes. For more information, visit http://www.mai.capital/.

About Wealth Partners Capital Group

Wealth Partners Capital Group ("WPCG") is a financial services holding company, which has partnered with MAI Capital Management ("MAI"). WPCG assists MAI by identifying and integrating like-minded registered investment advisers who seek access to expanded business capabilities, strategic growth and customized transition solutions. For more information, visit http://www.wealthpcg.com/.

Galway Holdings ("Galway") today announced its investment in MAI Capital Management LLC ("MAI"). The move adds a new business vertical in financial and wealth management services to complement existing business relationships within EPIC Insurance Brokers & Consultants as well other areas of specialization across all Galway platforms.

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

Vice Capital Markets Commemorates 20 Years of Serving the Mortgage Industry’s Hedge Advisory and Secondary Execution Needs

NOVI, Mich. /ScoopCloud/ -- Vice Capital Markets, a leading mortgage hedge advisory firm for independent lenders, banks and credit unions, announced the firm is celebrating its 20th corporate anniversary. Since opening its doors in August 2001, Vice Capital Markets has helped countless clients properly and effectively manage interest rate risk and maximize profitability.

Vice Capital Markets began humbly as a one-person office with Principal Chris Bennett offering a personalized approach to each and every client. As Vice Capital Markets has grown over the past two decades, Bennett's bespoke methodology has remained the same, becoming one of the trademarks of the firm.

"I would like to thank both our Vice Capital team, as well as our clients, because we never would have made it 20 years without their dedication and support," said Bennett. "Over the years, our commitment to providing personalized care and attention to our clients has afforded us the opportunity to create lifelong relationships, not just business partnerships. Those relationships have ultimately been the secret to our success these past 20 years and I hope the next 20 years as well."

Throughout its history, Vice Capital Markets has pioneered technology solutions for its clients and partners, while still maintaining its commitment to customized, in-depth personal expertise. Today, 6% of all mortgages originated in the U.S. are traded by Vice Capital Markets or hedged using its proprietary software.

"As Vice Capital Markets has grown and technology has evolved, we've been able to develop innovative solutions for our clients without sacrificing the personal touch," said Vice Capital Markets President Troy Baars. "Often times, lenders are forced to choose between technology and experience, but Vice Capital offers both. We're proud to say we've been able to innovate for our clients while always remaining available for consultation."

About Vice Capital Markets

Since 2001, Vice Capital Markets has successfully managed interest rate risk and maximized profitability on more than half a trillion of MBS trades and mortgage-related transactions for banks, credit unions and mortgage lenders of all sizes. With an average of more than 10 years' experience behind each of the traders on our team, Vice Capital has helped its clients realize, on average, a 25 to 55 bps improvement over their best effort execution, and Vice Capital's proprietary risk-management models and complex investor and agency best execution platform have consistently yielded safe and effective profit maximization for its clients.

Learn more at https://www.vicecapitalmarkets.com/ or call (248) 869-8100.

NOVI, Mich., Aug. 12, 2021 (SEND2PRESS NEWSWIRE) -- Vice Capital Markets, a leading mortgage hedge advisory firm for independent lenders, banks and credit unions, announced the firm is celebrating its 20th corporate anniversary. Since opening its doors in August 2001, Vice Capital Markets has helped countless clients properly and effectively manage interest rate risk and maximize profitability.

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

KROST Acts as Exclusive Financial Advisor for Integrity Bio in Sale to Curia

LOS ANGELES, Calif. /ScoopCloud/ -- Integrity Bio, Inc., a privately held formulation and fill-finish organization headquartered in Camarillo, California, was sold to Curia (formerly Albany Molecular Research, Inc. (AMRI)), a Contract Development and Manufacturing Organization (CDMO) and leading global provider of advanced contract research, development, and manufacturing solutions. KROST, a Los Angeles-based firm, acted as the exclusive financial advisor to Integrity Bio in the transaction.

Integrity Bio is known in the biopharmaceutical industry as an expert in hard-to-formulate biologics and fill-finish of unique therapies for phase I and phase II clinical trials. Integrity Bio formulates more than 60 large molecules in a typical year, including proteins, antibodies, lipid nanoparticles, peptides, and vaccines in liquid and lyophilized form. Curia currently provides customers with integrated solutions from formulation development through fill-finish commercial manufacturing across three facilities. The acquisition adds West Coast operations to Curia's East Coast and overseas capabilities.

Integrity Bio has been a client of KROST for ten years, during which time KROST provided Tax, Accounting, Consulting, R&D Tax Credit, Cost Segregation, and now, Mergers and Acquisitions services. KROST's service model is designed to guide and support businesses throughout their lifecycle, from early-stage start-ups to succession and exit planning.

KROST's M&A practice is led by industry veteran, Paren Knadjian, who joined the firm in 2017. Knadjian has nearly 25 years of experience in mergers and acquisitions, equity and debt financing. He has closed over $1.5 billion in transaction value throughout his career. As the leader of the firm's technology industry niche, Paren also assists companies in the business of technology and life sciences innovation.

"We have been advising Integrity Bio, its owners and management team for over 10 years. So when they were considering a sale, they turned to us to help them with deal value, deal structure, due diligence, accounting and tax matters, and transactional support. This acquisition comes at a meaningful time for the country. The work that Integrity Bio is doing, and will continue to do as part of Curia, will contribute to life-changing cures for health issues, much like we experienced in the last year and a half. This acquisition is not just a transaction; it has a huge impact on people's lives across the globe. I am thrilled we were able to assist Integrity Bio with this transition into their next chapter and look forward to seeing what Curia will do with their added capabilities," remarked Paren Knadjian.

"We would like to thank the KROST team - they were invaluable in this transaction, and we relied on them enormously," said Michael Reilly, CEO of Integrity Bio. "As part of Curia, we can now offer our customers not only world-class formulation and fill-finish but also world-class commercial manufacturing."

For more information about KROST's mergers and acquisitions, as well as capital markets services, visit https://krostcpas.com/ or contact Paren Knadjian.

For information about this transaction, please contact:

Paren Knadjian

Practice Leader - M&A and Capital Markets

626.538.3167

paren.knadjian@krostcpas.com

ABOUT KROST CPAS & CONSULTANTS

KROST is a full-service Certified Public Accounting and Consulting firm headquartered in Pasadena, California. As trusted advisors and industry leaders, clients depend on KROST for timely information, innovative solutions, and results-driven teamwork in the areas of accounting, assurance, business management, consulting, tax, mergers and acquisitions, and wealth management.

Twitter: @KROSTCPAs

Integrity Bio, Inc., a privately held formulation and fill-finish organization, was sold to Curia (formerly Albany Molecular Research, Inc. (AMRI)), a Contract Development and Manufacturing Organization (CDMO) and leading global provider of advanced contract research, development, and manufacturing solutions. KROST, a Los Angeles-based firm, acted as the exclusive financial advisor to Integrity Bio in the transaction.

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

DocMagic Promotes Chris Lewis to Director of Enterprise Solutions

TORRANCE, Calif. /ScoopCloud/ -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, automated regulatory compliance, and comprehensive eMortgage services, announced that it has promoted Chris Lewis to Director of Enterprise Solutions. The new title reflects the elevated role he has proactively taken at the company in increasing revenue, forging strategic partnerships, and making inroads with large entities and marquee accounts.

"Since joining the DocMagic family in 2016, Chris has done an outstanding job helping clients go "e" and ultimately achieve 100 percent paperless eClosings," stated Dominic Iannitti, President and CEO of DocMagic. "Chris has become one of the mortgage industry's best subject matter experts on eClosings, digital mortgage workflow automation, and supporting solutions. This promotion is well-deserved, and we look forward to supporting his continued success."

In the Director of Enterprise Solutions role, Chris provides highly consultative, analytical, and solution-crafting insight for DocMagic's enterprise accounts to strategically implement its comprehensive Total eClose™ platform, eNotes, and eVaults, among other technologies. He collaborates with top-tier organizations to arrive at approaches to digital mortgage automation that align with their specific business models and long-term goals.

Chris has a rich background in the mortgage industry spanning more than 25 years working for prominent banks, mega lenders, servicers, technology providers, and other key entities in the supply chain. He started his career at Fidelity National Financial (FNF) and held a variety of roles in title insurance, eventually becoming COO over a large nationwide title operation and later migrating to the position of Chief Data Administrator.

In addition, Chris held key roles at several spin-off companies that includes Fidelity Information Services, Loan Portfolio Services, and Black Knight. Prior to joining DocMagic, Chris was Executive Director at JP Morgan Chase where he helped implement new processes and technologies for its Loan Administration Division.

"I am passionate about delivering on the promise of eClosings and digital mortgage workflows and excited about the success our clients are realizing with Total eClose," said Lewis. "At DocMagic, we take a business advisory approach to eClosings, guiding clients to hone their processes and workflows, implement quickly but strategically, and enjoy a smooth launch of the platform. I am elated to continue helping mortgage companies realize newfound digital efficiencies."

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 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/.

Media Contact:
Joe Bowerbank
Profundity Communications, Inc.
949-378-9685
jbowerbank@profunditymarketing.com

Social:

@DocMagic #TotaleClose #eClosingExperts #MortgageEnotes #MortgageEvault

DocMagic, Inc., the premier provider of fully-compliant loan document preparation, automated regulatory compliance, and comprehensive eMortgage services, announced that it has promoted Chris Lewis to Director of Enterprise Solutions. The new title reflects the elevated role he has proactively taken at the company in increasing revenue, forging strategic partnerships, and making inroads with large entities and marquee accounts.

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

Leading Digital Mortgage Platform Maxwell Named a 2021 Best Place to Work by Denver Business Journal

DENVER, Colo. /ScoopCloud/ -- Maxwell, a leading digital mortgage and fulfillment platform for small to midsize lenders, just announced it was named a 2021 Best Place to Work by Denver Business Journal. The company ranked sixth in the medium-sized category.

"At Maxwell, we've worked really hard to intentionally build our team culture. We put our company values at the forefront of everything we do, whether hiring or making business decisions," said Christie Grix, Maxwell's VP of People.

"Over the last year, we've grown by over 200 employees across the United States. We added the vast majority of those new team members while in a remote setting. This award is so meaningful because it shows the work we're putting into building and maintaining our culture through rapid growth and pandemic-related challenges is paying off."

Denver Business Journal Best Places to Work recognizes workplaces across various industries for their commitment to creating and maintaining a thriving, engaged culture. This year's winners showed additional dedication to keeping employees connected despite work-from-home settings and 2020's unique demands.

To select winners, Denver Business Journal partnered with Quantum Workplace to conduct an employee engagement survey measuring 10 key engagement categories. Those criteria included team effectiveness, trust in senior leaders, feeling valued, manager effectiveness, compensation, and benefits. Based on those results, Denver Business Journal chose 65 winners across the Denver metropolitan area.

Click here to view Denver Business Journal's full list of 2021 Best Places to Work: https://www.bizjournals.com/denver/news/2021/05/06/dbj-2021-best-places-to-work-extra-large-giant.html

To view job openings at Maxwell, click here: https://www.himaxwell.com/careers

To learn about Maxwell's comprehensive features for community lenders, including point-of-sale and fulfillment solutions, visit https://himaxwell.com/.

About Maxwell

Maxwell empowers mortgage lenders to enhance borrower experience, increase efficiency, and improve their economics by intelligently automating workflow through its digital platform and technology-powered services. Hundreds of mortgage lenders, banks, and credit unions nationwide use the Maxwell platform to serve thousands of homebuyers every day. Founded in 2015, Maxwell is a member of the Mortgage Bankers Association and is proud to be built in Denver, Colorado. Since 2017, it has been named one of the most innovative companies in real estate by HousingWire Magazine. Learn more: https://himaxwell.com/features.

Maxwell, a leading digital mortgage and fulfillment platform for small to midsize lenders, just announced it was named a 2021 Best Place to Work by Denver Business Journal. The company ranked sixth in the medium-sized category.

Related link: https://himaxwell.com/

SimpleNexus Director of Sales Engineering Tracy Farber selected as NEXT 2021 Powerhouse Awards winner

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 that Tracy Farber, director of sales engineering, has been named a 2021 Powerhouse Awards winner by Next Mortgage Events (NEXT).

NEXT's Powerhouse Awards program honors female dynamos bringing positive change to the intersection of mortgage and technology. Farber was recognized in the award's partner category for her uncanny achievements over the last 12 months, including conducting more than 600 product demos of the SimpleNexus homeownership platform resulting in a 92% increase in license seats and a 432% increase in product upsells. Farber dedicates hours each week to developing customized demos that show lenders how SimpleNexus can adapt to their unique workflows and be configured to address specific challenges.

"Tracy's ability to build genuine partnerships and get to the root of the problems lenders face is unmatched," said SimpleNexus CEO Cathleen Schreiner Gates. "Her dedication to moving this industry forward shows in everything she does. She is extremely deserving of this recognition."

To learn more about the awards program and view the full list of NEXT Powerhouse partners and honorees, visit https://www.nextmortgagenews.com.

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.

Twitter: @SimpleNexus @NEXTMtgEvents #NEXTpowerhouse #digitalmortgage #mortgageindustry #mortgagelending

SimpleNexus, developer of the leading homeownership platform for loan officers, borrowers, real estate agents and settlement agents, today announced that Tracy Farber, director of sales engineering, has been named a 2021 Powerhouse Awards winner by Next Mortgage Events (NEXT).

Related link: https://simplenexus.com/

American Red Cross Northeast Georgia selects FormFree as Corporate Blood Sponsor of the Year

ATHENS, Ga. /ScoopCloud/ -- FormFree® has been recognized as the Corporate Blood Sponsor of the Year for the American Red Cross of Northeast Georgia, a 501(c)(3) nonprofit that helps feed, shelter and provide support for people affected by fires and other disasters.

FormFree was named Corporate Blood Sponsor of the Year for providing mission-critical support and dedication to the Red Cross' efforts in the Northeast Georgia community. The Red Cross officially recognized 2021 volunteers and community partners who are saving lives and enriching the Red Cross' mission in the region at a virtual event on August 5.

The American Red Cross of Northeast Georgia provides direct service to 23 Georgia counties by supporting the collection, testing and distribution of blood and blood components in the region, providing emergency resources for military families, facilitating lifesaving training in first aid, CPR and use of AED and helping people and communities impacted by disasters.

"Our hats off to FormFree for their unwavering support of our mission," said Marlon Trone, executive director of the American Red Cross of Northeast Georgia. "We are grateful for their partnership and look forward to continuing to support Northeast Georgia's communities together."

FormFree's commitment to the American Red Cross stems back to the company's founding in 2008, when the company began supporting the nonprofit through participation in blood drives, food drives and fundraisers. In 2017, FormFree CEO Brent Chandler joined the board of directors of the American Red Cross of Northeast Georgia. Currently FormFree Director of Marketing Sarah Crossley and Account Manager Laura Graben are co-chairs of the chapter's Young Professionals Advisory Board. Last year, FormFree helped raise nearly $30,000 for the charity as the host of October's Heroes Golf Classic tournament. The company plans to host the event again this fall.

"Giving back is a core value at FormFree. It's an honor to shine a light on a cause we care deeply about and that has a significant, positive impact on our immediate community," said Chandler. "In today's times, it is more important than ever to lend a helping hand."

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 has been recognized as the Corporate Blood Sponsor of the Year for the American Red Cross of Northeast Georgia, a 501(c)(3) nonprofit that helps feed, shelter and provide support for people affected by fires and other disasters.

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

Promontory MortgagePath COO Debora Aydelotte Earns Top Female Industry Leadership Honors from HousingWire and Mortgage Banker Magazine

DANBURY, Conn. /ScoopCloud/ -- Leading digital mortgage and fulfillment solutions provider Promontory MortgagePath LLC announced Chief Operating Officer Debora Aydelotte has been recognized by HousingWire and Mortgage Banker Magazine for her leadership contributions to the mortgage industry. Aydelotte has been named one of HousingWire's 2021 Women of Influence and is among Mortgage Banker Magazine's 2021 Powerful Women in Mortgage Banking.

Over the last 12 months, Aydelotte has overseen the launch of Transform, Promontory MortgagePath's expanded service delivery model, and kicked off the company's CDFI and MDI initiative. Under Aydelotte's leadership, Promontory MortgagePath has also expanded its operations with an additional fulfillment center, doubled its workforce year-over-year and garnered key endorsements from organizations such as the Independent Bankers Association of Texas, the Community Development Bankers Association, the Oregon Bankers Association and the Oklahoma Bankers Association.

"Advocating for diversity, equity and inclusion has been a personal mission throughout my entire career, and being able to channel that passion into the work Promontory MortgagePath is doing to promote greater inclusion and equity in financial services has made my work that much more meaningful," said Aydelotte. "For nearly two decades, it has been my privilege as an executive to mentor others and contribute to their growth, and I am honored to be recognized by both HousingWire and Mortgage Banker Magazine for these efforts."

Each of these awards seeks to highlight female pioneers, innovators and leaders in the mortgage industry. To view Aydelotte's profile and the full list of HousingWire Women of Influence honorees visit https://www.housingwire.com/articles/presenting-housingwires-2021-women-of-influence/. Aydelotte's feature in Mortgage Banker Magazine, along with the full list of honorees, can be viewed at https://nationalmortgageprofessional.com/news/powerful-women-mortgage-banking-2021.

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 Chief Operating Officer Debora Aydelotte has been recognized by HousingWire and Mortgage Banker Magazine for her leadership contributions to the mortgage industry. Aydelotte has been named one of HousingWire's 2021 Women of Influence and is among Mortgage Banker Magazine's 2021 Powerful Women in Mortgage Banking.

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

FormFree Announces Agreement with Lenders One to Offer Products to Member Base

ATHENS, Ga. /ScoopCloud/ -- FormFree® today announced it has entered into an agreement with Lenders One®, a national alliance of independent mortgage bankers and service providers, to offer its product set to the Lenders One Mortgage Cooperative. Through the relationship, FormFree will offer Lenders One members access to automated borrower verification tools that enhance the customer experience and optimize lender business operations.

A national mortgage cooperative, Lenders One serves more than 240 banks, credit unions and independent mortgage bankers. Lenders One provides its members with special access to a network of premier mortgage technology, service vendors and solutions. Through its relationship with FormFree, Lenders One members may now enjoy special access to AccountChek 3n1, the award-winning digital asset, income and employment reporting service.

"We are pleased to offer Lenders One members improved origination efficiency and reduced per-loan costs with special access to AccountChek 3n1's combined VOA and VOIE reporting," said FormFree CEO Brent Chandler. "With consumer-permissioned access to direct source account data, 3n1 offers borrowers a modern, simplistic lending experience while significantly reducing the risk of fraud for lenders."

"We are excited to add FormFree to our Reseller platform," said Lenders One President Justin Demola, CMB. "Our team at Lenders One seeks out solutions to bolster members' business and create everyday efficiencies and cost savings. FormFree will add tremendous value to our strong platform."

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 Lenders One® Cooperative

Lenders One (LendersOne.com) was established in 2000 as a national alliance of independent mortgage bankers, banks, credit unions, correspondent lenders and suppliers of mortgage products and services. Participants on the Lenders One platform originated approximately $730 billion of mortgages during 2020, collectively ranking as one of the largest retail mortgage entities in the U.S. Lenders One is managed by a subsidiary of Altisource Portfolio Solutions S.A.

Twitter: @LendersOne @RealFormFree @Altisource #mortgageindustry #fintech #digitalmortgage

FormFree® today announced it has entered into an agreement with Lenders One®, a national alliance of independent mortgage bankers and service providers, to offer its product set to the Lenders One Mortgage Cooperative. Through the relationship, FormFree will offer Lenders One members access to automated borrower verification tools that enhance the customer experience and optimize lender business operations.

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

HousingWire honors Sales Boomerang VP of Sales Taylor Castranova as a Women of Influence

WASHINGTON, D.C. /ScoopCloud/ -- Sales Boomerang, the industry's top-rated automated borrower intelligence and retention system, today announced Vice President of Sales, Taylor Castranova is an honoree of HousingWire's 2021 Women of Influence Award program.

As the vice president of both the customer success and sales departments, Castranova has proven a valuable asset, exceeding expectations in Sales Boomerang customer growth, as well as helping Sales Boomerang customers achieve unprecedented growth. In the last year, Castranova has assisted Sales Boomerang in tripling its revenue and increasing existing customers' growth rates by 400%. Sales Boomerang customers have recorded an average 20-40% lift to loan volume and generated more than $30 billion in additional loan volume industrywide.

"Taylor is a cherished member of the team," said Sales Boomerang CEO Alex Kutsishin. "She has a knack for taking charge of seemingly small initiatives and yielding impressive results. Taylor is beyond deserving of this recognition and we are extremely proud of her."

"Another way to describe our Women of Influence honorees this year would be the women who are making an impact, which is something we saw woven into each of these amazing award winners," Brena Nath, HW+ managing editor, said. "Congratulations to these women who are cultivating a new path forward for the housing industry and reimagining a better, more collaborative future."

The HousingWire Women of Influence Awards program seeks to highlight the outstanding efforts of women in shaping and driving the U.S. mortgage, real estate and fintech industries forward. The full list of 2021 Women of Influence winners can be reviewed at https://www.housingwire.com.

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 125 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 @HousingWire #WomenOfInfluence

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.

Sales Boomerang, the industry's top-rated automated borrower intelligence and retention system, today announced Vice President of Sales, Taylor Castranova is an honoree of HousingWire's 2021 Women of Influence Award program.

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

SimpleNexus Founder Matt Hansen selected as finalist for EY Entrepreneur Of The Year Utah Region

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 company Founder Matt Hansen has been named a finalist for the Entrepreneur Of The Year® Utah Region by Ernst & Young LLP (EY US).

Now in its 35th year, the Entrepreneur Of The Year program recognizes unstoppable business leaders whose ambition, ingenuity and courage in the face of adversity deliver outstanding growth and innovation. Hansen was selected by a panel of independent judges who graded nominees on a rubric of entrepreneurial leadership, talent management, degree of difficulty, financial performance, societal impact, and originality. Since its launch, the program has recognized business leaders in more than 60 countries around the world.

Hansen's formation of SimpleNexus created a real estate finance disruptor. The project that began as a favor to a family friend has evolved into a three-time Inc. 5000 fastest-growing company that touches one in eight U.S. mortgages. In 2020 alone, SimpleNexus' homeownership platform touched $520 billion in loans.

"SimpleNexus continues to flourish beyond my wildest dreams," said SimpleNexus Founder Matt Hansen. "It's an honor to be considered amongst so many accomplished movers and shakers."

Regional award winners are eligible for consideration for the Entrepreneur Of The Year National Awards, to be announced in November at the Strategic Growth Forum®, one of the nation's most prestigious gatherings of high-growth, market-leading companies. The Entrepreneur Of The Year National Overall Award winner will then move on to compete for the EY World Entrepreneur Of The Year(tm) Award in June 2022.

View the full list of Utah Entrepreneur Of The Year finalists and winners here: https://www.ey.com/en_us/entrepreneur-of-the-year/utah/overview.

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.

Twitter: @SimpleNexus @EY_EOYUS #EOYUS #digitalmortgage #mortgageindustry #mortgagelending

SimpleNexus, developer of the leading homeownership platform for loan officers, borrowers, real estate agents and settlement agents, today announced company Founder Matt Hansen has been named a finalist for the Entrepreneur Of The Year(r) Utah Region by Ernst & Young LLP (EY US).

Related link: https://simplenexus.com/

Fanplayr Receives SOC 2 Type 2 Certification for Data Security Processes from American Institute of CPAs

PALO ALTO, Calif. /ScoopCloud/ -- Fanplayr, a global leader in online behavioral personalization, artificial intelligence and user privacy, announces it has successfully achieved the Service Organization Control (SOC) 2 Type 2 certification.

Developed by the American Institute of CPAs (AICPA), SOC 2 reports are intended to meet the needs of businesses that need detailed information and assurance about the controls at a service organization. The certification defines criteria for managing customer data based on five "trust service principles" - security, availability, processing integrity, confidentiality and privacy.

SOC 2 Type 2 is an audit or recertification of the controls put in place which confirms suitability of the design and operating effectiveness and will generally provide a greater level of trust to a customer or business partner due to the increased visibility of systems in action.

Fanplayr has been recertified specifically for Security, Confidentiality, and Availability.

"We have an excellent track record of protecting data," says Simon Yencken, CEO and co-founder of Fanplayr. "With data breaches continuing to be a worldwide problem, we cannot overstate the importance of maintaining safeguards to ensure the security of our customers' data."

Since acquiring and maintaining SOC 2 certifications can be relatively costly and time consuming, the process signals Fanplayr's commitment to continue working with major companies who require SOC 2 compliance or proof of equivalent safeguards.

"The SOC 2 certification is recognized and respected worldwide," said Rajiv Sunkara, CTO and co-founder of Fanplayr. "Establishing and maintaining SOC 2 compliance on an annual basis ensures everything we do is focused on the needs of our customers and the privacy of their data."

About Fanplayr

Fanplayr is a global leader in e-commerce behavioral data, using machine learning and AI to enable businesses to increase conversion rates and revenue, collect more leads, and retarget visitors with personalized recommendations during and after the shopping experience. Fanplayr is headquartered in Palo Alto, California with offices in New York, Buenos Aires, Brazil, Mexico, Milan, London, Manchester, Amsterdam, Stockholm, Hamburg, Melbourne and Tokyo.

Learn more at: https://fanplayr.com/

Media Contact:

Lacy Talton

(252) 467-5220

ltalton@percepture.com

Fanplayr, a global leader in online behavioral personalization, artificial intelligence and user privacy, announces it has successfully achieved the Service Organization Control (SOC) 2 Type 2 certification.

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

LBA Ware Founder and CEO Lori Brewer Designated a 2021 Powerful Women in Mortgage Banking by Mortgage Banker Magazine

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 company Founder and CEO Lori Brewer has been named to Mortgage Banker's 2021 list of Powerful Women in Mortgage Banking.

Brewer was recognized for developing award-winning software CompenSafe™ and LimeGear™, which are used by lenders of all sizes to maximize the human potential within their organizations. LBA Ware's flagship product CompenSafe is the only mortgage industry-specific ICM platform offering lenders the flexibility and scalability to automate incentive compensation plans for a full spectrum of staff, from loan originators to processors and underwriters. Introduced in 2020, LimeGear is a turnkey BI platform to make production- and efficiency-enhancing insights available to mortgage lenders that gets more out of their data and their people.

"My passion is reflected in LBA Ware's mission to help lenders of all sizes harness their operational data so they have the tools and insights they need to solve business challenges in any mortgage market," said LBA Ware Founder and CEO Lori Brewer. "It's an honor to be named among such an accomplished group of women in the industry."

In its inaugural year, the Powerful Women in Mortgage Banking award program is designed to highlight female pioneers, leaders and innovators making a difference in mortgage lending. To view the 27 honorees, visit https://nationalmortgageprofessional.com/magazine/mortgage-banker-magazine/how-find-generation-next/digital-edition.

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/.

Twitter: @LBAWare

LBA Ware™, a leading provider of incentive compensation management (ICM) and business intelligence (BI) software solutions for the mortgage industry, today announced company Founder and CEO Lori Brewer has been named to Mortgage Banker's 2021 list of Powerful Women in Mortgage Banking.

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

U.S. Properties Group Brings Chase Bank to The Streets of Indian Lake, Hendersonville, Tennessee

HENDERSONVILLE, Tenn. /ScoopCloud/ -- U.S. Properties Group (USPG), owner of The Streets of Indian Lake lifestyle center in Hendersonville, Tennessee, announces the opening of the Chase Bank (Chase). Chase offers more than 4,700 branches and 16,000 ATMs nationwide. This new state-of-the-art Chase location has all the latest amenities Chase has to offer and is a wonderful addition to The Streets of Indian Lake's vast array of national and local retailers and restaurants.

"The Streets" has captivated the community since it's completion in 2008 and the major renovation of the central plaza space in 2019 has attracted additional tenants and neighboring businesses. The property's revitalization enhances and refreshes what was strategically developed more than ten years ago and has been embraced by the community as the Nashville area's premier shopping, dining, and entertainment destination!

Gord Wiebe, Director of USPG states: "We are excited to announce the addition of Chase just 30 steps from our main complex entrance. When we invested in one of the area's premier centers, we aimed high to be the innovative leader in the Nashville area. We are committed to the community, and we are changing with the times to remain in the forefront in outdoor shopping center development."

Cynthia Hicks, Senior Vice President of Leasing for USPG adds: "We are thrilled with the beautiful Chase branch and look forward to announcing new additions to the tenant mix at The Streets of Indian Lake soon. Engaging the community and acquiring new, exciting and innovative tenants is our goal - we welcome all to shop, dine, relax and enjoy all The Streets has to offer."

About The Streets of Indian Lake:

The Streets of Indian Lake in Hendersonville, Tenn. - Nashville North was the first and only Lifestyle Center in the 50-mile area. Conveniently located off route 65 in north Nashville, amid inviting gathering spots, wide sidewalks and convenient parking in close proximity to individual shops and eateries, The Streets offers a unique range of over 30 premium shops, spas, and restaurants, such as Sam's Sports Grill, Victoria's Secret, Regal Cinemas, Barnes & Noble, Bink's Outfitters, SkinWorks Wellness & Aesthetics, Chico's, LOFT, and much more. For more tenant information, deals and events, visit https://www.streetsofindianlake.com/.

About U.S. Properties Group:

U.S. Properties Group owns approximately three million square feet. Redeveloping shopping centers in 10 states and managing over 350 tenant relationships, USPG covers the Midwest and Southeast United States, which includes Alabama, Georgia, Illinois, Michigan, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee, and Virginia. Founded to create value and realize the "Upcycling" of shopping center assets, USPG acquires developments, renovates, and manages property to enhance values while restoring community marketplaces with best-of-class tenants and services. For more information visit https://www.uspginc.com/.

About Chase:

JPMorgan Chase Bank, N.A., doing business as Chase Bank or often as Chase, is an American national bank headquartered in Manhattan, New York City, that constitutes the consumer and commercial banking subsidiary of the U.S. multinational banking and financial services holding company, JPMorgan Chase. The bank was known as Chase Manhattan Bank until it merged with J.P. Morgan & Co. in 2000. Chase Manhattan Bank was formed by the merger of the Chase National Bank and the Manhattan Company in 1955. The bank merged with Bank One Corporation in 2004 and later acquired the deposits and most assets of Washington Mutual. Chase offers more than 4,700 branches and 16,000 ATMs nationwide. JPMorgan Chase & Co. has 250,355 employees (as of 2016) and operates in more than 100 countries. JPMorgan Chase & Co. had their assets of $2.49 trillion in 2016. For more information, visit https://www.chase.com/.

CONTACTS

For all Leasing inquiries:

Cynthia Hicks, SVP Leasing & Development
U.S. Properties Group
800 Columbiana Drive
Irmo, SC 29063
803.429.4300
chicks@uspginc.com

For all Property Management and Construction inquiries:

Sharon Chapman, Director of Property Management
U.S. Properties Group
800 Columbiana Drive
Irmo, SC 29063
803.407.4555
schapman@uspginc.com

MULTIMEDIA:

*PHOTO link for media: https://www.Send2Press.com/300dpi/21-0728s2p-sil-chase-300dpi.jpg

*Caption: This new state-of-the-art Chase Bank location has all the latest amenities Chase has to offer and is a wonderful addition to The Streets of Indian Lake in Hendersonville, Tenn.

U.S. Properties Group (USPG), owner of The Streets of Indian Lake lifestyle center in Hendersonville, Tennessee, announces the opening of the Chase Bank (Chase). Chase offers more than 4,700 branches and 16,000 ATMs nationwide.

Related link: https://uspginc.com/

Mortgage Banker names SimpleNexus CEO Cathleen Schreiner Gates to list of 2021 Powerful Women of Mortgage Banking

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 Mortgage Banker has recognized company CEO Cathleen Schreiner Gates as a 2021 Powerful Women of Mortgage Banking honoree.

Schreiner Gates was recognized by Mortgage Banker for her outsized leadership in the mortgage technology space. Notably, as EVP of sales and marketing at Ellie Mae (now ICE Mortgage Technology) she led the firm to appear on the Deloitte Technology Fast 500 for six consecutive years and helped facilitate its $3.7-billion purchase by private equity firm Thoma Bravo.

Now at the helm of SimpleNexus, Schreiner Gates helps the homeownership platform's users "do more," having to date connected its 35,000 active loan originators with more than 4.5 million borrowers and 141,000 real estate partners. Schreiner Gates has overseen the release of dozens of new features designed to facilitate a more streamlined, "from anywhere" lending experience for all stakeholders in the mortgage lending process. In January 2021, Schreiner Gates helped lead a $108 million Series B funding round led by global venture-capital and private-equity firm Insight Partners and TVC Capital.

"I'm thrilled to be recognized for my passion for helping technology companies reach their potential," said SimpleNexus CEO Cathleen Schreiner Gates. "I'm particularly proud of the work we're doing at SimpleNexus and look forward to continuing to shake up the mortgage industry with continued innovation."

In its inaugural year, Mortgage Banker's Powerful Women in Mortgage Banking awards program highlights female pioneers, leaders and innovators in the mortgage industry. The full list of winners can be viewed in the July edition of Mortgage Banker Magazine.

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.

Twitter: @SimpleNexus #digitalmortgage #mortgageindustry #mortgagelending

SimpleNexus, developer of the leading homeownership platform for loan officers, borrowers, real estate agents and settlement agents, today announced Mortgage Banker has recognized company CEO Cathleen Schreiner Gates as a 2021 Powerful Women of Mortgage Banking honoree.

Related link: https://simplenexus.com/

LBA Ware’s Q2 2021 Mortgage Loan Compensation Report shows decline in individual LO commission and volume

MACON, Ga. /ScoopCloud/ -- LBA Ware™, a leading provider of incentive compensation management (ICM) and business intelligence (BI) software solutions for the mortgage industry, today released summary statistics on the state of mortgage industry loan compensation in the second quarter of 2021. The firm's analysis of data from its CompenSafe™ ICM platform showed that despite a marginal increase in loan volume from Q2 2020 to Q2 2021, quarterly commissions per LO were down. Over the same period, loan processor workload and bonus compensation each decreased by about a quarter.

Methodology

LBA Ware reviewed account data for mortgage lenders who used CompenSafe to automate incentive compensation throughout the second quarters of both 2020 and 2021. The controlled sample dataset consisted of retail, first-lien production from LOs and loan processors with at least six funded loans during the three-month period beginning March 31, 2021, and ending June 30, 2021.

Key Findings

* Commissions earned per loan originator (LO) in Q2 2021 decreased 6% from Q2 2020. During the same period, loan volume per LO dropped 4% on average.
* LOs averaged $0.9M in funded refinance volume per month, a decrease of more than 36% over Q2 2020 ($1.4M), and received an average of 91.679 basis points (BPS) per refinance loan, a significant decrease of 6.94% from the average of 98.517 BPS in Q2 2020.
* Purchase volume grew 49% year-over-year, with individual LOs averaging $1.52M in funded purchase loans per month (a 41% increase over the $1.08M funded per LO in Q2 2020) and receiving on average 107.649 BPS per purchase loan (versus 108.836 in Q2 2020).
* Overall, LOs saw a 1.76% decrease in per-loan commissions from 103.119 BPS in Q2 2020 to 101.308 BPS in Q2 2021. LOs in the sample dataset took home an average of $2,876 in commissions per loan, or roughly 35% of the $8,243 it costs to originate a retail loan according to 2020 data from the Mortgage Bankers Association*.
* Loan processor staffing grew significantly (49%) from Q2 2020 to Q2 2021. Loan processors handled 27% fewer loans per month in Q2 2021 (15.7 units) compared to Q2 2020 (21.7 units), fueling a corresponding 26% decrease in quarterly bonus compensation earned from $2,684 per processor per month in Q2 2020 to $1,999 in Q2 2021.

"LOs continue to benefit from a strong purchase market buoyed by low rates, flex work opportunities and millennials moving out of their parents' homes. If the macroeconomic environment stays strong for the second half of 2021, LOs could have another banner year," said LBA Ware Founder and CEO Lori Brewer. "Another notable observation is that lenders added processing manpower at almost ten times the rate they added LOs in Q2. It remains to be seen if that level of operational staffing will be sustainable over the long term."

*Source: Mortgage Bankers Association's Chart of the Week for July 23, 2021: https://www.mba.org/news-research-and-resources/research-and-economics

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/.

Twitter: @LBAWare #mortgageindustry #mortgagetechnology #mortgagelending

LBA Ware™, a leading provider of incentive compensation management (ICM) and business intelligence (BI) software solutions for the mortgage industry, today released summary statistics on the state of mortgage industry loan compensation in the second quarter of 2021. The firm's analysis of data from its CompenSafe™ ICM platform showed that despite a marginal increase in loan volume from Q2 2020 to Q2 2021, quarterly commissions per LO were down.

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

NotaryCam Partners with Texas Mortgage Law Firm, RUTH RUHL, P.C., to Add RON to Firm’s Loss Mitigation Services

NEWPORT BEACH, Calif. /ScoopCloud/ -- NotaryCam®, a Stewart-owned company and a pioneering provider of remote online notarization and identity verification / authentication technology for real estate and legal transactions, today announced it has partnered with RUTH RUHL, P.C., a Texas-based law firm, to add security and automation to the firm's loss mitigation services through remote online notarization (RON).

RUTH RUHL, P.C., works with mortgage servicers and subservicers in all 50 states to provide state and federally compliant loss mitigation document preparation services. Using NotaryCam's RON platform, RUTH RUHL, P.C., will provide its clients with a secure eSign and eNotary process that improves efficiency while, most importantly, reduces the risk of fraud.

"RON is readily available with loan originations, but the concept of RON for loss mitigation is now coming to fruition," Ruth Ruhl, founder and president of RUTH RUHL, P.C., said. "I want RUTH RUHL, P.C., to be ahead of the curve and able to service my clients in a proactive manner. Partnering with NotaryCam provides a solution to my clients' time and money; it will all be paperless."

"One of the great things about RON is that we're finding new ways to use the technology every day," said NotaryCam Division President Rick Triola. "NotaryCam is honored to work with RUTH RUHL, P.C., to advance eSign and eNotarization education and implementation in the mortgage industry. All aspects of the mortgage industry stand to benefit from increased technology, and we are proud to be an innovator in bringing RON to the loss mitigation sector."

NotaryCam engages multiple forms of identity authentication and verification methods and provides audio and video recording of each notarization. NotaryCam's platform also allows multiple parties to join the signing ceremony in person or from anywhere in the world and is supported by a robust, nationwide network of trained eNotaries available 24/7/365 to ensure a seamless, error-free notarization.

"Two of the factors that made this partnership with NotaryCam so attractive is the security of the platform and how it verifies the borrower's identity," continued Ruhl. "In my opinion, reducing the risk of fraud is key to my client's comfort level. The audio and video of the notary session, in my mind, helps to alleviate that risk. With NotaryCam, the notary is properly trained and understands the importance of the accuracy of both the borrower's signature and the electronic notary. Rick and I have the same commitment to our clients - excellence and customer service."

About NotaryCam, a Stewart Company

After pioneering the world's first multi-party/multi-state remote online notarization (RON), career real estate executive Rick Triola founded NotaryCam and completed the first mortgage remote online closing (ROC) in 2014. Today, NotaryCam, a Stewart-owned company, is the leader in online notarization and mortgage eClosing solutions, having notarized documents worldwide for hundreds of thousands of customers in all 50 states and more than 146 countries.

The company's patented eClose360® platform delivers the "perfect" online mortgage closing in every jurisdiction and supports all eClosing scenarios - RON, IPEN or Hybrids - with a flexible workflow for document recording and unparalleled identity verification, security and customer convenience. In addition to real estate transactions, NotaryCam provides RON services for the execution of electronic wills (eWills), legal docs (i.e. power of attorneys) and Apostilles. The company also proudly maintains an industry-leading 99.8 percent customer satisfaction rating.

Visit https://www.notarycam.com for additional information or to get a document notarized today.

@NotaryCam #ROC #RON #digitalmortgage #emortgage #eclosing #enotary

NotaryCam®, a Stewart-owned company and a pioneering provider of remote online notarization and identity verification / authentication technology for real estate and legal transactions, today announced it has partnered with RUTH RUHL, P.C., a Texas-based law firm, to add security and automation to the firm's loss mitigation services through remote online notarization (RON).

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

Sales Boomerang releases Q2 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 inaugural Mortgage Market Opportunities Report. According to the report, refinance opportunities continue to dominate the market, but a promising uptick in new listings was also evident in the Q2 data. Mortgage servicers will need to closely manage their default and foreclosure risk in the coming months, as the second quarter saw nearly two out of five customers trigger a risk-and-retention alert.

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 125 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 and risk-and-retention alerts during the first and second quarters of 2021.

Key Findings*

Across the sample group, the frequency of each alert type in Q2 2021 was as follows:

* Mortgage Inquiry Alert: 5.87% of monitored contacts (down 33.97% from Q1)

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

* EPO Alert: 2.43% of monitored contacts (down 24.30% from Q1)

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

* Credit Improvement Alert: 2.20% of monitored contacts (up 41.94% from Q1)

A customer or prospect has improved their FICO score.

* New Listing Alert: 1.37% of monitored contacts (up 163.46% from Q1)

A customer or prospect has listed their home for sale.

* Equity Alert: 8.55% of monitored contacts (down 0.70% from Q1)

A customer or prospect's home equity has increased.

* Rate Alert: 13.33% of monitored contacts (up 31.85% from Q1)

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

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

* Risk & Retention Alert: 36.63% of monitored contacts (down 5.69% from Q1)

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

Analysis*

* Though New Listing alerts occurred in less than 2% of the sample data set, this alert type also saw the greatest quarter-over-quarter growth (163%). With home listings on the rise, we may be seeing the first signs of the purchase market's long-awaited reawakening.

* Refi opportunities continue to bear fruit; thanks to continued low interest rates, more than 13% of all contacts in the sample data set triggered a Rate alert in Q2, a 32% improvement over the previous quarter. But with Mortgage Inquiry alerts down nearly 34% quarter-over-quarter, lenders may need to proactively reach out to potential refi customers who aren't shopping for rates with the same gusto as they were at the beginning of the year.

* Equity alerts remained steady quarter-over-quarter, triggering for about 1 in 12 contacts (9%) in the sample data set.

* Risk & Retention was the most frequently triggered alert across the sample data set (37%). This result may be partially attributable to the sensitive nature of the Risk & Retention alert, which is triggered by any of 15 consumer behaviors that place a borrower in danger of missing a mortgage payment. The high frequency of this alert also underscores the nation's uneven economic recovery in the wake of the coronavirus pandemic, as more than 9.5 million people remain unemployed and around 2.5 million homeowners are in forbearance plans.

"Industry experts have been pushing the idea that the refinance market has dried up since early 2021, but our data shows that plenty of borrowers still have the opportunity to improve their rates," said Sales Boomerang CEO Alex Kutsishin. "Meanwhile, the housing inventory shortages that have stymied the purchase market's potential may finally be turning a corner, as our customers saw significant gains in new listings in Q2."

*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 125 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 inaugural Mortgage Market Opportunities Report. According to the report, refinance opportunities continue to dominate the market, but a promising uptick in new listings was also evident in the Q2 data. Mortgage servicers will need to closely manage their default and foreclosure risk in the coming months, as the second quarter saw nearly two out of five customers trigger a risk-and-retention alert.

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

SimpleNexus expands C-suite under leadership of Cathleen Schreiner Gates

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 executive appointments in operations, revenue generation and customer success. With this restructure, recently appointed CEO Cathleen Schreiner Gates deepens the tech firm's organizational chart and adds her stamp to an executive team focused on elevating the homeownership experience.

"SimpleNexus' continued success requires a corresponding commitment to ensuring the proper strategic-level thinking and oversight are in place in all aspects of the company," said SimpleNexus CEO Cathleen Schreiner Gates. "I've hand-selected these proven team members to help drive our strategy and prepare for future growth."

THE PROMOTIONS AND ORGANIZATIONAL CHANGES INCLUDE:

Kevin McKenzie, Chief Operating Officer (COO)

McKenzie, who is also the firm's chief financial officer (CFO), will absorb the responsibilities of COO, including oversight of human resources, information technology, legal, corporate development and facilities.

John Aslanian, Chief Revenue Officer (CRO)

Aslanian's promotion from senior vice president of sales to CRO recognizes his contributions to two years of record-breaking revenue growth for the firm. He joined SimpleNexus in 2019 as an established sales veteran with more than two decades of experience in the mortgage and software industries.

Andria Lightfoot, Chief Customer Officer (CCO)

Lightfoot, who joined SimpleNexus in March of this year as vice president of professional services, has leveraged her deep mortgage expertise to drive adoption of digital eClosing. As CCO, Lightfoot will oversee all customer-centric activities of SimpleNexus' customer division including, professional services, customer success, support, training, and integration engineering. Pam Faulkner, formerly director of mortgage solutions, will join Lightfoot's team as a vice president of customer journey.

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

SimpleNexus, developer of the leading homeownership platform for loan officers, borrowers, real estate agents and settlement agents, today announced new executive appointments in operations, revenue generation and customer success.

Related link: https://simplenexus.com/

Oklahoma Bankers Association Endorses Promontory MortgagePath’s Mortgage Fulfillment Services and POS Technology

DANBURY, Conn. /ScoopCloud/ -- Promontory MortgagePath LLC, a leading provider of comprehensive digital mortgage and fulfillment solutions, announced today the Oklahoma Bankers Association (OBA) has officially endorsed its mortgage fulfillment services and proprietary point-of-sale technology Borrower Wallet®.

OBA recognized Promontory MortgagePath's mortgage technology and end-to-end fulfillment services for their ability to help its members reduce mortgage origination expenses while allowing them to retain a full mortgage product suite. By shifting fixed mortgage-operations costs to a variable cost model through Promontory MortgagePath, community banks can augment their staffing needs to match the ebb and flow of the mortgage market.

"OBA's mission is to ensure Oklahoma's robust banking community possesses the tools it needs to support its communities and few support a community like increased homeownership," said OBA President and CEO Adrian Beverage. "Promontory MortgagePath's mortgage technology and fulfillment services will deepen our community banks' capacities to serve their communities while also providing stability and longevity through increased access to homeownership."

Founded by former U.S. Comptroller of Currency Gene Ludwig, Promontory MortgagePath began with a commitment to empower community banks to participate profitably in mortgage lending. By offering mortgage technology and end-to-end fulfillment services, Promontory MortgagePath helps community banks build franchise value and expand relationships with their customers while establishing mortgage businesses that can withstand all market conditions. Although Promontory MortgagePath provides both the technology - including a POS and LOS - and back-office operational support, such as processors, underwriters and closers, community banks require to profitably grow their businesses, all loans are issued in the bank's name, and the bank retains control over the product mix and pricing, ensuring mortgage operations remain in line with the bank's overall risk appetite and growth plans.

"Our solution amplifies a core strength of community banks - outstanding customer service - by adding a digital platform and comprehensive fulfillment services," said Paul Katz, managing director and head of bank relations at Promontory MortgagePath. "We're excited to partner with OBA to bring a profitable, efficient, and compliant mortgage solution to its member banks."

About Oklahoma Bankers Association

For more than 100 years, Oklahoma banks have relied upon the Oklahoma Bankers Association to address their changing needs and challenges. Today, OBA serves approximately 200 member banks located statewide. Based in Oklahoma City, the OBA assists its members with government relations, educational programs, legal and compliance services, communications, insurance products and numerous products and services. The OBA works with banks to ensure they have the tools they need to support their communities and provides fraud training programs to banks at no charge, as well as financial literacy programs to communities across the state and so much more. The OBA owns two subsidiaries - the OBA Services Company and the OBA Insurance Agency, which specialize in products and services for the banking industry. While the OBA offers a wide variety of services and benefits to its members, it's efforts can be summed up in four simple words: We Make Bankers Better! For more information, visit https://www.oba.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.

Promontory MortgagePath LLC, a leading provider of comprehensive digital mortgage and fulfillment solutions, announced today the Oklahoma Bankers Association (OBA) has officially endorsed its mortgage fulfillment services and proprietary point-of-sale technology Borrower Wallet®.

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

NAMMBA Announces Partnership with MCT

ORLANDO, Fla. /ScoopCloud/ -- The National Association of Minority Mortgage Bankers of America (NAMMBA) announced today a partnership with San Diego based Mortgage Capital Trading (MCT®). The relationship is an important step in both company's efforts to affect positive change - addressing the housing needs of underserved communities as well as encouraging and developing a more diverse work force in the mortgage sector.

"We're extremely excited to partner with MCT, the gold standard for secondary capital markets," said NAMMBA Founder/CEO Tony Thompson, CMB. "Like us, MCT believes in the power of diversity and inclusion and wants its team members to reflect the communities in which it does business. It's gratifying to have MCT's support at our highest sponsorship level."

Specifically, the partnership provides MCT consulting and recruiting resources, as well as access to a network of like-minded mortgage bankers. NAMMBA will tap into MCT's deep secondary expertise. Already, MCT has participated in round tables, webinars, and helped shape NAMMBA's most recent industry survey.

"Through our award-winning MCTlive! technology platform, we're consistently fueling innovation and change within mortgage capital markets. We believe our partnership with NAMMBA is in this same vein," said Curtis Richins, MCT President and CEO. "We are committed to moving the needle with regard to diversity, inclusion, and equality."

According to NAMMBA, over the next five years, 75 percent of all first-time home buyers will be women, millennials or people of color. Although there is concern across the industry about a stagnant or shrinking housing market, purchase mortgage opportunity is not only growing, it's changing. NAMMBA's most recent mortgage market forecast, the three largest diverse borrower groups (Asians, African-Americans, and Hispanics) generated more than $292 billion of purchase opportunity in 2020, which amounts to 24.2 percent of all purchase dollar opportunities.

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

About MCT:

Founded in 2001, Mortgage Capital Trading, Inc. (MCT) is 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. For more information, visit https://mct-trading.com/ or call (619) 543-5111.

The National Association of Minority Mortgage Bankers of America (NAMMBA) announced today a partnership with San Diego based Mortgage Capital Trading (MCT®). The relationship is an important step in both company's efforts to affect positive change - addressing the housing needs of underserved communities as well as encouraging and developing a more diverse work force in the mortgage sector.

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