Category Archives: Finance

Centier Bank Slashes Man-Hours Spent Calculating Incentive Compensation by 99% with LBA Ware’s CompenSafe

MACON, Ga. /ScoopCloud/ -- LBA Ware(TM), a leading provider of incentive compensation management (ICM) and business intelligence software solutions for the mortgage industry, today announced that Centier Bank (Centier), Indiana's largest private, family-owned bank, has implemented CompenSafe(TM) to automate incentive compensation for its residential lending department.

Built for the mortgage industry, CompenSafe is an automated ICM platform that bridges the gap between lenders' loan origination and payroll systems to eliminate manual data entry and provide actionable insight into staff performance and profitability. Bryan Traylor, SVP of Residential Lending for Centier, learned from several peer banks that CompenSafe had enabled them to manage incentive compensation with greater efficiency and accuracy.

The bank fully deployed CompenSafe across its 90-person residential lending team in February. "With CompenSafe, the process is click a button and get your compensation calculated," Traylor said, noting that CompenSafe has eliminated human errors related to manual calculation of the bank's tiered compensation structure.

"As a 125-year-old, family-owned bank, we are deeply rooted in the communities we serve - but that doesn't mean we're old-fashioned," added Traylor. "With CompenSafe, we are able to calculate incentive compensation with perfect accuracy in five minutes - a task that used to take two people a combined 16 hours per month. That efficiency allows our people to spend more of their time serving customers with the personal touch that is our hallmark."

"We are proud to have earned a reputation for helping community banks keep internal resources focused on serving customers, not crunching numbers," said LBA Ware Founder and CEO Lori Brewer. "No matter the number or complexity of compensation arrangements, CompenSafe makes incentive compensation effortless and error-free."

About LBA Ware(TM):

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, 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 2019 Inc. 5000 fastest-growing private company, LBA Ware is headquartered in Macon, Georgia. For more information, visit https://www.lbaware.com/.

About Centier Bank:

Centier Bank is Indiana's largest private, family-owned bank, with 62 branches statewide and over 900 employees. The bank has retail banking locations in Allen, Boone, Elkhart, Hamilton, Lake, La Porte, Marion, Marshall, Porter, St. Joseph and Tippecanoe Counties in Indiana. The bank was recently named the #1 Bank in Indiana by Forbes Magazine. Centier has been named a "Best Bank to Work For" in Indiana by American Banker and has achieved Hall of Fame among the Indiana Chamber of Commerce's "Best Places to Work For."

LBA Ware, a leading provider of incentive compensation management (ICM) and business intelligence software solutions for the mortgage industry, today announced that Centier Bank (Centier), Indiana's largest private, family-owned bank, has implemented CompenSafe to automate incentive compensation for its residential lending department.

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

SimpleNexus and Mortgage Coach expand integration with real-time data syncing for instant analysis of lifetime loan costs

LEHI, Utah /ScoopCloud/ -- SimpleNexus (https://simplenexus.com/), developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, has expanded its integration with Mortgage Coach (https://www.mortgagecoach.com), making it easier than ever for loan originators to give borrowers the clear, accurate comparison of loan products and scenarios needed to make informed mortgage decisions.

With the integration of SimpleNexus and the Mortgage Coach Total Cost Analysis (TCA), every borrower who applies for a mortgage loan using the SimpleNexus digital mortgage app immediately receives a TCA. A recent update to the integration enhances the borrower experience by updating key loan information in real time and enabling loan professionals to incorporate video narration into TCAs from within the SimpleNexus app. As applicants progress through the origination process, the accurate analysis adjusts instantly, allowing loan professionals to provide clear advice faster and measurably convert more leads into loans.

Loan originators at Strongsville, Ohio-based Union Home Mortgage have seen faster commitments and more complete loan applications with the combined solution, having delivered 20,000 personalized Mortgage Coach TCA presentations in the last 90 days alone with the new automation.

"Originators need to give people options, but creating manual comparisons for every loan applicant is impractical," said Union Home CIO Mark Langhans. "We love the way Mortgage Coach frames up cost analysis in an easy-to-consume format that originators can walk borrowers through in minutes - and the integration with SimpleNexus makes it even easier for us to leverage this powerful strategy. Even more telling than the number of presentations delivered is the number of borrower views and shares those TCAs have received."

"What's special about this integration is that it starts a conversation that frequently brings a close to the borrower's rate shopping," said SimpleNexus CEO Matt Hansen. "It's all about building trust, re-engaging and ultimately converting customers who have started a loan application but might not otherwise finish it."

"Lenders serve borrowers best - and simultaneously enjoy the highest profitability - when they put a wide array of loan products, services and scenarios in front of every applicable customer," explained Mortgage Coach President Joe Puthur. "The Mortgage Coach Total Cost Analysis helps lenders make financing available to more borrowers while addressing key compliance concerns, reducing pricing exceptions and closing more deals - all with the personalized touch that is critical to brand consistency."

The new innovation, announced today, makes easy-to-understand loan comparisons available for every borrower. Together, Mortgage Coach and SimpleNexus help loan originators position themselves as trusted financial advisors in any client situation. For example, the dynamic TCA helps borrowers understand the impacts of renting versus owning, buying now versus waiting or adjusting the size of their down payment. The now fully integrated experience supports any mortgage scenario, resulting in faster borrower conversion, increased production and enhanced profitability.

About SimpleNexus, LLC:

SimpleNexus is the digital mortgage platform that enables lenders to originate and process loans from anywhere. The company's best-in-class, easy-to-use app connects loan officers to their borrowers and real estate agents to easily communicate and exchange data in a single location throughout the entire loan life cycle. Loan officers can manage their loan pipelines, order credit, run pricing and send pre-approvals - all on the go.

About Mortgage Coach:

The Mortgage Coach suite of enterprise online and mobile applications enhance the conversation between the borrower, mortgage professional, and Realtor, enabling a confident mortgage decision. Thousands of banks and lenders rely on Mortgage Coach to turn borrower education into a competitive advantage. With Mortgage Coach technology, financial and real estate professionals provide clearly illustrated mortgage options with detailed financials, charts, video narration, and live updates on any device, ensuring an informed home loan choice. Learn more about how to add the power of Mortgage Coach to your lending platform by visiting https://mortgagecoach.com or contacting sales@mortgagecoach.com.

SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, has expanded its integration with Mortgage Coach, making it easier than ever for loan originators to give borrowers the clear, accurate comparison of loan products and scenarios needed to make informed mortgage decisions.

Related link: https://simplenexus.com/

3flightsHR CEO Sheryl Simmons Selected to Speak at Financial Health Network EMERGE Conference and HRSouthwest Conference for Second Consecutive Year

DETROIT, Mich. /ScoopCloud/ -- 3flightsHR, a leading HR consulting company, is pleased to announce that once again Chief Executive Officer Sheryl Simmons has been selected by Dallas HR to present at the Annual HR Southwest Conference, and by the Financial Health Network to present at the Annual EMERGE Conference.

"Addressing employee financial wellness is a powerful tool in engagement. Creating engaged, high-performance cultures is a competitive edge. Savvy employers are doing both," said Sheryl Simmons, CEO.

Simmons' HRSouthwest session, entitled "Creating High-Performance Cultures - Connect Your People Strategy to Your Business Strategy" is scheduled for Tuesday, October 6, 2020.

Her EMERGE panel session, entitled "Employer Perspective: Addressing Health and Wealth in the Workplace" is scheduled for Wednesday, June 24, 2020.

"If you want your customers to love your brand, you must inspire your people to love your business," said Simmons. "Culture is everything. The way companies are responding to their employees today will determine how their employees respond to them in the future. Employees are looking to us for leadership that meets them where they live. That means engaging in the absolute connection between physical, mental, and financial health - the whole health of our workforce."

Registration for Simmons' HRSouthwest session, click here - https://hrsouthwest.com/

Registration for Simmons' EMERGE session, click here - https://emerge.finhealthnetwork.org/

For more information about 3flightsHR, click here - https://www.3flightshr.com/

About 3flightsHR

At 3flightsHR, we create high-performance cultures by connecting people strategy to business strategy. We translate aspirations into action plans, create engagement for your people, and elevate the performance of your team and your business - all while delivering critical insights into your organization's effectiveness. Our straight-forward, real-world solutions bring your vision, values, and culture to life. Engaged employees build the business with you - proactively solving problems, winning customer loyalty, driving your bottom line. Harness the power of a high-performance culture. Connect your people strategy to your business strategy and watch them thrive. This is strategic HR management.

Your Company. Your People. Our Focus.

To learn more, visit https://www.3flightshr.com/

LinkedIn: https://www.linkedin.com/company/3flightshr/

3flightsHR, a leading HR consulting company, is pleased to announce that once again Chief Executive Officer Sheryl Simmons has been selected by Dallas HR to present at the Annual HR Southwest Conference, and by the Financial Health Network to present at the Annual EMERGE Conference.

Related link: https://www.3flightshr.com/

SimpleNexus’ Pam Faulkner and Cathleen Schreiner Gates Land Spots on NEXT Mortgage Events’ Debut 50 Over 50 Awards Program

LEHI, Utah /ScoopCloud/ -- SimpleNexus (https://simplenexus.com/), developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced that Director of Mortgage Solutions Pam Faulkner and Board Member Cathleen Schreiner Gates have been honored by NEXT Mortgage Events' (NEXT) 50 Over 50 awards program. In its debut year, NEXT 50 Over 50 honors female powerhouses effecting positive change at the intersection of the mortgage and technology industries.

Faulkner was recognized for a three-decades career helping lenders get the most from their mortgage technology. During her 13-year tenure at cloud-based loan origination platform provider Ellie Mae, she helped countless mortgage companies optimize their deployment of the company's Encompass(R) loan origination solution and helped launch the Scenarios Comparison tool within LO Connect, Ellie Mae's mobile solution for originators. Today at SimpleNexus she serves an integral role in keeping a fast-growing team of more than 100 technologists grounded in what really matters to frontline mortgage lenders.

Cathleen Schreiner Gates was recognized for her leadership in helping shape the current digital mortgage market. Recently she served as EVP of sales and marketing at Ellie Mae. During her seven-year tenure, Ellie Mae spent six consecutive years on the Deloitte Technology Fast 500 and negotiated a $3.7-billion purchase by private-equity firm Thoma Bravo. Schreiner Gates is now founder and CEO of independent consulting firm Trifecta. In April 2020, she joined the board of directors at SimpleNexus to help guide the firm's continued success.

"Pam and Cathleen are both mortgage tech luminaries in their own rights. Each has dedicated her career to improving mortgage lending for consumers and lenders," said SimpleNexus Founder and CEO Matt Hansen. "We are privileged to have them on the SimpleNexus team, helping set the bar for what a digital mortgage should be."

"NEXT's mission has always been to showcase the women who are the backbone of the mortgage industry - this award is part of that mission," said NEXT Co-Founder Jeri Yoshida. "We'll honor these top performers throughout #NEXTSUMMER20. Since this year's event is free and available online, we expect record-breaking attendance. We're thrilled that so many people in the mortgage industry will get to know these overachievers and acknowledge their role in their companies' success."

The full list of NEXT 50 Over 50 award honorees can be viewed at https://nextmortgagenews.com/.

About SimpleNexus, LLC:

SimpleNexus is the digital mortgage platform that enables lenders to originate and process loans from anywhere. The company's best-in-class, easy-to-use app connects loan officers to their borrowers and real estate agents to easily communicate and exchange data in a single location throughout the entire loan life cycle. Loan officers can manage their loan pipelines, order credit, run pricing, send pre-approvals and sign disclosures - all on the go.

About NEXT Mortgage Events LLC:

In January 2018, NEXT Mortgage Events broke the mortgage industry's unspoken barriers that limit women's access to competitive intel and networking-based information exchange, when it introduced NEXT, the mortgage technology summit for women. NEXT is a two-day, tech-focused symposium based on lenders sharing competitive intel with other lending executives. A boutique gathering, each NEXT event is limited to 200 attendees, and targets a select group of decision making executives. Roughly 85-90% of lender attendees hold a title of VP or higher and approximately 85% of attendees are women. NEXT is held twice a year, in winter and summer. For more information visit https://nextmortgagenews.com/, follow @NEXTmtgEvents or email info@NEXTmortgageEvents.com.

SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced that Director of Mortgage Solutions Pam Faulkner and Board Member Cathleen Schreiner Gates have been honored by NEXT Mortgage Events' (NEXT) 50 Over 50 awards program.

Related link: https://simplenexus.com/

ReverseVision’s Wendy Peel Honored by NEXT Mortgage Events’ Inaugural Awards Program

SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision, the leading provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, today announced that Vice President of Sales and Marketing Wendy Peel has been named a NEXT Mortgage Events (NEXT) 50 Over 50 honoree. In its inaugural year, the awards program honors women mortgage professionals who "have a track record of greatness in adapting to change and adopting new technology."

Peel was recognized as a champion of HECM and reverse lending programs whose progressive technological vision is helping mortgage lenders connect senior homeowners with right-fit home equity solutions. In her early years at ReverseVision, Peel quietly redirected the HECM conversation, driving more than 2,500 new lenders and brokers to join the platform by reminding them how the lending program serves a distinct need and why it makes business sense to embrace it. Now Peel is spearheading ReverseVision's endeavor to evolve platform functionality so lenders-forward and reverse-can integrate reverse mortgages into the loan evaluation, sales and origination process for eligible senior borrowers.

"For the past five years, Wendy has worked tirelessly to reshape how reverse mortgages are viewed in ways that will have a long-lasting, positive impact on the mortgage industry," said ReverseVision President Joe Langner. "We commend her efforts to advance our vision of establishing reverse lending programs as staples of mainstream lending portfolios with ReverseVision's API-enabled platform."

"NEXT's mission has always been to showcase the women who are the backbone of the mortgage industry - this award is part of that mission," said NEXT Co-Founder Jeri Yoshida. "We'll honor these top performers throughout #NEXTSUMMER20. Since this year's event is free and available online, we expect record-breaking attendance. We're thrilled that so many people in the mortgage industry will get to know these overachievers and acknowledge their role in their companies' success."

The full list of NEXT 50 Over 50 award honorees can be viewed at https://nextmortgagenews.com/.

About ReverseVision

ReverseVision, Inc. is the leading Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology platform, supporting more reverse mortgage transactions than all other systems combined. The company's comprehensive product suite flexes to lenders' unique business and operational models, connecting all lending participants across the entire reverse mortgage lifecycle to meet borrowers where they are in life. A five-time HousingWire TECH100(TM) company, ReverseVision continues to build on its technology's pioneering capabilities with frequent enhancements.

For more information, visit https://www.reversevision.com/.

About NEXT Mortgage Events LLC

In January 2018, NEXT Mortgage Events broke the mortgage industry's unspoken barriers that limit women's access to competitive intel and networking-based information exchange, when it introduced NEXT, the mortgage technology summit for women. NEXT is a two-day, tech-focused symposium based on lenders sharing competitive intel with other lending executives. A boutique gathering, each NEXT event is limited to 200 attendees, and targets a select group of decision making executives. Roughly 85-90% of lender attendees hold a title of VP or higher and approximately 85% of attendees are women. NEXT is held twice a year, in winter and summer. For more information visit https://nextmortgagenews.com/, follow @NEXTmtgEvents or email info@NEXTmortgageEvents.com.

ReverseVision, the leading provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, today announced that Vice President of Sales and Marketing Wendy Peel has been named a NEXT Mortgage Events (NEXT) 50 Over 50 honoree.

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

Vice Capital Markets Sets Internal Record for Monthly Trade Volume

NOVI, Mich. /ScoopCloud/ -- Vice Capital Markets, a leading mortgage hedge advisory firm for independent lenders, banks and credit unions, announced today that the company has more than doubled its monthly trade volume over a 90-day period, setting several internal records. Trade volume totals reached during this period include $11.5 billion in March, $13.4 billion in April and $12.4 billion in May.

"Despite the market chaos brought on by the COVID-19 pandemic, our clients were able to make it through that period with flying colors and take advantage of low interest rates to grow their pipelines," said Vice Capital Markets President Troy Baars. "Since then, margins have increased across the board from their early-pandemic lows, and with the spread between best effort and mandatory execution leaning solidly in the latter's direction, Vice Capital has been able to help our clients capitalize on these favorable market conditions to their financial benefit."

In addition to the increase in monthly trade volume, Vice Capital Markets also experienced a 13% increase in its client base over April and May. Baars attributes the growth to Vice Capital's growing reputation for helping its clients successfully navigate the market challenges brought on by COVID-19, with Vice Capital collectively garnering more than $8 million for its clients in a single day during the early days of the pandemic.

"Communication and experience are two key elements to the lender-hedge advisor relationship, especially in periods of tremendous uncertainty and market volatility," said Baars. "Even during the most chaotic days of the pandemic, Vice Capital clients received at least daily, if not more frequent, updates and insights from our executive team, and with an average of 10-or-more years' experience behind each of our trade desks, our clients could rely on their day-to-day contact to provide real-time advice at a time when market conditions were changing by the second."

For more information on working with Vice Capital Markets, contact Scott Colclough at (248) 869-8100 or scolclough@vicecapitalmarkets.com.

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.

*LOGO link for media: https://www.Send2Press.com/300dpi/19-0822s2p-vice-capital-300dpi.jpg

Vice Capital Markets, a leading mortgage hedge advisory firm for independent lenders, banks and credit unions, announced today that the company has more than doubled its monthly trade volume over a 90-day period, setting several internal records. Trade volume totals reached during this period include $11.5 billion in March, $13.4 billion in April and $12.4 billion in May.

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

Mortgage Insurance Ordering Made Seamless as OpenClose® Integrates Its LenderAssist™ LOS with Radian

WEST PALM BEACH, Fla. /ScoopCloud/ -- OpenClose(R), an industry-leading digital mortgage fintech provider, announced it completed an interface with Radian Guaranty Inc., the mortgage insurance (MI) subsidiary of Radian Group Inc. (NYSE: RDN). The integration leverages OpenClose's omni-channel loan origination system (LOS) and RESTful API suite, allowing Radian customers to order MI without exiting the LenderAssist(TM) LOS.

LenderAssist LOS users can now quickly, easily, and cost effectively obtain rate quotes and process delegated as well as non-delegated MI certifications. Data returned from Radian automatically populates into the applicable LOS fields, eliminating error prone manual data entry.

"We are constantly communicating with our customers and identifying opportunities to eliminate manual processes and the associated data integrity risk they present," said Vince Furey, CRO at OpenClose. "This integration automates the ordering and processing of mortgage insurance and provides our mutual customers speed, efficiency and accuracy, from any online environment - anywhere, at any time."

Radian offers lenders competitive pricing, unique programs, digital solutions and focused service that help close loans faster, generate more business and better manage their portfolios. The company's MI products help borrowers become homeowners sooner by qualifying for loans with smaller downpayments while mitigating investor risk.

"At Radian, we are committed to making it easier and simpler for our customers to do business with us," said Brien McMahon, chief franchise officer and co-head of real estate, Radian. "Partnering with OpenClose will allow for streamlined, direct and real-time access to private MI for lenders and borrowers, and we're proud to deliver that."

OpenClose offers an award-winning, 100 percent browser-based, end-to-end, workflow-driven fintech platform that effectively consolidates the consumer digital POS, LOS, PPE and Business Intelligence functions. Easily accessible from any computer or mobile device - all via a single-source provider.

About OpenClose:

Founded in 1999 and headquartered in West Palm Beach, Florida, OpenClose(R) is a leading enterprise-class, omni-channel loan origination system (LOS), POS digital mortgage and fintech provider that cost effectively delivers its digital platform on a software-as-a-service (SaaS) basis. The company provides a variety of innovative, 100 percent web-based solutions for lenders, banks, credit unions, and conduit aggregators. OpenClose's core solution, LenderAssist(TM), is comprehensive loan origination software that is completely engineered by OpenClose using the same code base from the ground up.

The company offers a RESTful API suite that standardizes system-to-system integrations, making them easier to develop, quicker to implement and more cost effective. OpenClose provides lending organizations with full control of their data and creates a truly seamless workflow for complete automation and compliance adherence. For more information, visit https://www.openclose.com/ / or call (561) 655-6418.

About Radian

Radian is ensuring the American dream of homeownership responsibly and sustainably through products and services that include industry-leading mortgage insurance and a comprehensive suite of mortgage, risk, title, valuation, asset management and other real estate services. We are powered by technology, informed by data and driven to deliver new and better ways to transact and manage risk. Visit https://www.radian.com/ to learn more about how Radian is shaping the future of mortgage and real estate services.

Media Contacts:

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

For Radian:
Rashi Iyer
215-231-1167
rashi.iyer@radian.com

OpenClose Social Media: @OpenClose_LOS #OpenClose #LoanOriginationSoftware

Radian Social Media: @radian_us #QuoteQualityQuoteRadian #OneRadianInfiniteSolutions

OpenClose(R), an industry-leading digital mortgage fintech provider, announced it completed an interface with Radian Guaranty Inc., the mortgage insurance (MI) subsidiary of Radian Group Inc. (NYSE: RDN). The integration leverages OpenClose's omni-channel loan origination system (LOS) and RESTful API suite, allowing Radian customers to order MI without exiting the LenderAssist(TM) LOS.

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

LTC NEWS Acquisition Anticipates Growth and Expansion

CHICAGO, Ill. /ScoopCloud/ -- Matt McCann, a nationally-known veteran of the long-term care (LTC) insurance industry, announces the formation of LTC NEWS, LLC after acquiring the online asset - ltcnews.com.

Previously owned by publisher Chip Ramsey, the acquisition includes all the websites and social media platforms operated by LTC NEWS and its corresponding editorial content.

Formed in July 2015, LTC NEWS is an online resource for long-term care planning, health and retirement issues to help consumers plan for and better understand the financial impacts of aging.

LTC NEWS, LLC plans to expand its editorial content and resources and to offer a full range of unique digital advertising and marketing opportunities to reach adults aged 40 and up. It will also provide creative resources to design advertising to help businesses effectively reach their target audience.

It will also offer sponsored-content opportunities to allow a company, health care provider, or insurance or financial professional to engage readers and drive traffic to their website while delivering on their marketing objectives.

"LTC NEWS will continue to offer news and informational resources to help American families plan for a successful future retirement," Matt McCann, who will work as interim president and CEO, says. "I look forward to working with the current staff and to adding new staff to help us grow in the years ahead."

Prior to acquiring LTC NEWS, McCann consulted for LTC NEWS, so he's intimately familiar with its operation and assets. The company will also design websites and social media platforms for home health agencies, adult day care centers, assisted living facilities, memory care facilities, nursing homes and other businesses related to providing long-term health care services.

LTC NEWS will provide similar services for insurance and financial professionals looking for quality websites and social media platforms to help them engage their clients.

"Many insurance and financial professionals want affordable state-of-the-art websites and social media platforms," McCann explains. "LTC NEWS will provide these resources so these professionals can have a compelling Internet and social media presence."

LTC NEWS will continue to publish articles at no charge from expert guest columnists and these authors will gain outstanding exposure, website backlinks and traffic to their websites. Specific guidelines will limit the amount of advertising content in those articles.

Sponsored-content articles will allow a targeted message to promote a product or service and drive traffic to a website while providing useful information on a specific topic.

"We're striving to provide an exceptional user experience and brand that users remember and trust. Answering consumers' questions accurately, clearly and quickly is essential to LTC NEWS," Daniel Pope, who will lead the website development and creative team, says. "We'll also analyze consumer behavior at scale in large datasets to help determine which topics, resources and advertisements are most relevant to consumers."

Pope says the goal is to present the website visitor with relevant opportunities to learn something new. The overall website experience will enhance user activity and increase the time spent on the website.

"The time invested between the user and the LTC NEWS brand will foster a culture of trust which benefits both consumers and advertisers. Our advertising partners can take advantage of targeting specific topics or resources within their niche that our consumers actively seek," Pope says.

The company is currently seeking an entrepreneurial sales manager to lead its nationwide sales effort. This individual should have a solid knowledge of Internet advertising and an understanding of the long-term health care industry.

Interested individuals can forward a resume and cover letter to Lori Urbanick at: lori.urbanick@ltcnews.com.

LTC NEWS will be operated independently from McCann's firm, McCann Insurance Services, Inc., and the company will be headquartered in offices located in Countryside, Illinois, and Columbus, Ohio.

For more information, visit: https://www.ltcnews.com/

IMAGE LINKS FOR MEDIA:
[1] https://www.Send2Press.com/300dpi/20-0612s2p-matt-mcann-300dpi.jpg
*Photo caption: Matt McCann of LTC NEWS, LLC.
[2] https://www.Send2Press.com/300dpi/20-0612s2p-ltc-news-logo-300dpi.jpg

MEDIA CONTACT:
Matt McCann
of LTC NEWS, LLC
+1-630-698-0916
matt.mccann@ltcnews.com

Matt McCann, a nationally-known veteran of the long-term care (LTC) insurance industry, announces the formation of LTC NEWS, LLC after acquiring the online asset - ltcnews.com.

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

DepthPR Founder Kerri Milam Named Among Mortgage Industry’s Most Influential Women

ATLANTA, Ga. /ScoopCloud/ -- Depth Public Relations (DepthPR), a leading provider of consultative marketing, public relations and reputation management services for the mortgage lending and residential finance industries, today announced company Founder and President Kerri S. Milam is a recipient of the Powerhouse Award recognizing influential female leaders in the mortgage sphere. New this year, the Powerhouse Awards are sponsored by NEXT Mortgage Events (NEXT), creator of the NEXT women's executive mortgage summit and NEXTMortgageNews.com.

Milam was recognized for her career contributions to the residential finance industry and passionate advocacy of local, state and national economic development initiatives including affordable housing, technology growth initiatives and community development. A public relations and marketing veteran of more than 30 years, Milam has held executive and senior management positions at such leading PR firms as Ketchum and Porter Novelli, both part of Omnicom Group (NYSE: OMC). Early career highlights include serving as a regional marketing manager for global business consulting firm KPMG in the mid-1990s and a three-year term as public affairs manager for the Georgia Housing and Finance Authority.

In 2006, Milam founded DepthPR, a leading provider of consultative marketing, public relations and reputation management services that represents more than a dozen innovative technology vendors in the mortgage lending and financial services industries. She guides DepthPR with the understanding that the financial services industry is an essential contributor to economic development strategies that ensure national and global prosperity.

"It is a privilege to be among the inaugural NEXT Powerhouse Awards honorees," said Milam, who presented Skid Row Housing Trust CEO Lee Raagas with NEXT's inaugural Excellence in Leadership award last November at the #NEXTDC19 women's executive summit. "My experience has been that our housing finance industry is powered by dedicated, highly intelligent and resourceful women, whose guidance I value and friendships I cherish."

"NEXT's mission has always been to showcase the women who are the backbone of the mortgage industry - this award is part of that mission," said NEXT Co-Founder Jeri Yoshida. "We'll honor these top performers throughout #NEXTSUMMER20. Since this year's event is free and available online, we expect record-breaking attendance. We're thrilled that so many people in the mortgage industry will get to know these overachievers and acknowledge their role in their companies' success."

An in-depth profile of Milam's career and industry contributions can be read at https://nextmortgagenews.com/winner-profile/kerri-milam/.

About DepthPR:

Depth Public Relations (DepthPR) is a leading provider of consultative marketing, public relations and reputation management services for the mortgage lending and residential finance industries. Since 2006, the firm has represented a clientele of established and emerging brands serving mortgage lenders, real estate professionals and appraisers. DepthPR is committed to serving the cause of digital innovation and to practicing the pay-it-forward principle alongside The Golden Rule. DepthPR is a member and supporter of the Mortgage Bankers Association, the Mortgage Bankers Association of Georgia, the California Mortgage Bankers Association and The Mortgage Collaborative. For more information, visit https://www.DepthPR.com/.

About NEXT Mortgage Events LLC:

In January 2018, NEXT Mortgage Events broke the mortgage industry's unspoken barriers that limit women's access to competitive intel and networking-based information exchange, when it introduced NEXT, the mortgage technology summit for women. NEXT is a two-day, tech-focused symposium based on lenders sharing competitive intel with other lending executives. A boutique gathering, each NEXT event is limited to 200 attendees, and targets a select group of decision-making executives. Roughly 85-90% of lender attendees hold a title of VP or higher and approximately 85% of attendees are women. NEXT is held twice a year, in winter and summer. For more information visit https://nextmortgagenews.com/, follow @NEXTmtgEvents or email info@NEXTmortgageEvents.com.

Depth Public Relations (DepthPR), a leading provider of consultative marketing, public relations and reputation management services for the mortgage lending and residential finance industries, today announced company Founder and President Kerri S. Milam is a recipient of the Powerhouse Award recognizing influential female leaders in the mortgage sphere.

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

LBA Ware Founder and CEO Lori Brewer Named NEXT Mortgage Events 50 Over 50 Honoree

MACON, Ga. /ScoopCloud/ -- LBA Ware(TM), a leading provider of incentive compensation management (ICM) and business intelligence software solutions for the mortgage industry, today announced company Founder and CEO Lori Brewer has been named an honoree of NEXT Mortgage Events' (NEXT) 50 Over 50 awards program. In its inaugural year, NEXT 50 Over 50 honors influential female leaders in the mortgage sphere.

Brewer was recognized for her technological contributions to the mortgage industry and prominence as a thought leader, speaker and educator whose quarterly compensation reports and expert guidance on the topics of LO compensation and data-driven business optimization have positively impacted lenders of all stripes. In 2011, Brewer built from the ground up the first mortgage-specific incentive compensation management (ICM) platform, CompenSafe(TM), which bridges the gap between lenders' loan origination and payroll systems to eliminate manual data entry and provide actionable insight into staff performance and profitability. Last year, Brewer debuted her company's newest product, LimeGear, a turnkey business intelligence (BI) platform designed to help mortgage lenders leverage their data in a more consistent, purposeful and profitable manner.

"My goal has always been to help mortgage lenders leverage their data in ways that optimize processes and turn their business goals into a reality," said Brewer. "It's an honor to be recognized alongside such a distinguished class of mortgage professionals."

"NEXT's mission has always been to showcase the women who are the backbone of the mortgage industry - this award is part of that mission," said NEXT Co-Founder Jeri Yoshida. "We'll honor these top performers throughout #NEXTSUMMER20. Since this year's event is free and available online, we expect record-breaking attendance. We're thrilled that so many people in the mortgage industry will get to know these overachievers and acknowledge their role in their companies' success."

The full list of NEXT 50 Over 50 award honorees can be viewed at https://nextmortgagenews.com/.

About LBA Ware(TM):

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, 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 2019 Inc. 5000 fastest-growing private company, LBA Ware is headquartered in Macon, Georgia. For more information, visit https://lbaware.com.

About NEXT Mortgage Events LLC:

In January 2018, NEXT Mortgage Events broke the mortgage industry's unspoken barriers that limit women's access to competitive intel and networking-based information exchange, when it introduced NEXT, the mortgage technology summit for women. NEXT is a two-day, tech-focused symposium based on lenders sharing competitive intel with other lending executives. A boutique gathering, each NEXT event is limited to 200 attendees, and targets a select group of decision making executives. Roughly 85-90% of lender attendees hold a title of VP or higher and approximately 85% of attendees are women. NEXT is held twice a year, in winter and summer. For more information visit https://nextmortgagenews.com/, follow @NEXTmtgEvents or email info@NEXTmortgageEvents.com.

Twitter: @LBAWare @NEXTMtgEvents #NEXT50over50

LBA Ware, a leading provider of incentive compensation management (ICM) and business intelligence software solutions for the mortgage industry, today announced company Founder and CEO Lori Brewer has been named an honoree of NEXT Mortgage Events' (NEXT) 50 Over 50 awards program. In its inaugural year, NEXT 50 Over 50 honors influential female leaders in the mortgage sphere.

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

FormFree Director of Partner Relationships Christy Moss, CMB, Honored by NEXT Mortgage Events’ Inaugural 50 Over 50 Awards

ATHENS, Ga. /ScoopCloud/ -- FormFree(R) Director of Partner Relationships Christy Moss, CMB, has been recognized by Next Mortgage Events (NEXT) as a 50 Over 50 honoree. In its inaugural year, the awards program honors female powerhouses in the mortgage industry.

Moss was recognized for her industry contributions as a mortgage banker, change-maker at government-controlled mortgage finance giant Fannie Mae and advocate for digital transformation at FormFree. A 30-year veteran of the mortgage industry, Moss got her feet wet holding advanced positions in the correspondent lending divisions of such financial institutions as CitiMortgage, Wachovia and GE Capital Mortgage Services.

During her 11-year tenure at Fannie Mae, Moss played a critical role advancing business initiatives beneficial to the post-crisis mortgage lending ecosystem. From 2015 to 2019, she focused on driving lender and partner adoption of technologies designed to improve the borrower experience and increase lender profitability in her role as strategic business and relationship manager.

Moss joined FormFree in 2019 as director of partner relationships. In this role, she helps drive digital transformation for consumers, lenders and investors.

"Christy shares FormFree's passion for leveraging mortgage technology to increase lender productivity and transform home buying into a stress-free, digital experience for consumers," said FormFree CEO Brent Chandler. "FormFree extends our heartfelt congratulations to Christy. It is an honor to have Christy on the FormFree team."

"NEXT's mission has always been to showcase the women who are the backbone of the mortgage industry - this award is part of that mission," said NEXT Co-Founder Jeri Yoshida. "We'll honor these top performers throughout #NEXTSUMMER20. Since this year's event is free and available online, we expect record-breaking attendance. We're thrilled that so many people in the mortgage industry will get to know these overachievers and acknowledge their role in their companies' success."

The full list of NEXT 50 Over 50 award honorees can be viewed at https://nextmortgagenews.com/.

About FormFree:

FormFree is a market-leading fintech company whose revolutionary products AccountChek and Passport are changing the credit decisioning landscape and encouraging lenders nationwide to incorporate a more holistic view of each borrower's financial DNA. To date, thousands of U.S. lenders and brokers have ordered millions of FormFree's patented verification reports representing over a trillion dollars in loan verifications. FormFree delights borrowers and lenders with a paperless experience, reduces origination timelines by up to 20 days and offers automated analysis and standardized delivery to lenders and investors using a secure ReIssueKey(tm). For more information, visit https://www.formfree.com/ or follow FormFree on LinkedIn.

About NEXT Mortgage Events LLC:

In January 2018, NEXT Mortgage Events broke the mortgage industry's unspoken barriers that limit women's access to competitive intel and networking-based information exchange, when it introduced NEXT, the mortgage technology summit for women. NEXT is a two-day, tech-focused symposium based on lenders sharing competitive intel with other lending executives. A boutique gathering, each NEXT event is limited to 200 attendees, and targets a select group of decision making executives. Roughly 85-90% of lender attendees hold a title of VP or higher and approximately 85% of attendees are women. NEXT is held twice a year, in winter and summer. For more information visit https://nextmortgagenews.com/, follow @NEXTmtgEvents or email info@NEXTmortgageEvents.com.

*PHOTO link for media: https://www.Send2Press.com/300dpi/19-1017s2p-Christy-Moss-300dpi.jpg

FormFree Director of Partner Relationships Christy Moss, CMB, has been recognized by Next Mortgage Events (NEXT) as a 50 Over 50 honoree. In its inaugural year, the awards program honors female powerhouses in the mortgage industry.

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

Rapid Deployment Solutions and nipendo Sign Reseller Agreement

BOSTON, Mass. /ScoopCloud/ -- nipendo and Rapid Deployment Solutions (RDS) today announced a new partnership agreement for the resale of nipendo's RPA (Robotic Process Automation) platform for P2P (Purchase-to-Pay) process automation - the world's first RPA platform for P2P and AP processes automation designed and built over AI architecture and infrastructure, which facilitates modularity, flexibility and transparency, supporting endless variations of P2P process logic through configuration only, and zero coding.

"Making the decision to work with our platform is simple, as our customers, tier 1 global enterprises, have been working with it over the past decade and have seen an incredible transformation of efficiencies and a significant reduction in procurement, supply chain and AP costs," says Eyal Rosenberg, co-Founder and CEO of nipendo. "We're excited about working with RDS - a vibrant and energetic company that we believe will elevate nipendo to new heights in North America," he added.

"We are excited to offer nipendo's cloud-based platform to help businesses streamline procure-to-pay processes, and to interact with suppliers electronically, touch-free and error-free," said Greg Kowalik, President, Rapid Deployment Solutions (RDS). "Our reseller agreement with nipendo will make it easier than ever for RDS's North American customers to adopt and benefit from this leading trading platform," he added.

The platform supports enterprises in three primary ways:
1) Extends existing P2P processes: Enables suppliers to seamlessly participate in enterprise processes, reduces over 50% of procurement and AP costs by replacing manual invoice reconciliation and manual order fulfillment work with self-provisioned process governance and machine automated governance and validations.
2) Scales supplier adoption rate: Hundreds or thousands of suppliers can be onboarded within weeks or months - all sizes and types, regardless of their connection mode (portal/email/mobile/integration). Plug-ins to over 50 ERP packages require no custom work per connection (Connect-Once-Communicate-with-All). Record supplier adoption rate of over 90% of enterprise supplier base.
3) Automates: Smart-Bots replace manual workflows, process fulfillment follow-up, automate decision making and autonomous invoice reconciliation, resulting in over 50% cost reduction, process cycle time reduction, elimination of all errors, disputes, and fraud opportunities and achieves over 95%-touch-free and error-free procure-to-pay processes fulfillment.

The nipendo platform became available June 1, 2020. For more information, visit https://nipendo.com/lp/p2p-automation.

About nipendo

Founded in 2010, nipendo is dual headquartered in Netanya, Israel and in Boston, Massachusetts. The company's RPA platform for P2P process automation streamlines and simplifies interactions between enterprises (buyers) and their suppliers across all spend categories of goods and services, and all supplier types and sizes. The company boasts such customers as Intel, KLA Tencor, Teva Pharmaceuticals, Unilever, Kodak alaris, Israel Aerospace Industries, HP, Elbit Systems, Check Point and more. For more information, visit https://www.nipendo.com/

About Rapid Deployment Solutions

Headquartered in Fort Lauderdale, Florida, Rapid Deployment Solutions (RDS) is a leader in providing strategy, planning, and implementation of Content & Records Management solutions and process automation with a focus on P2P processes and ERP systems integration. RDS has applied its industry knowledge and expertise to help Fortune 100 customers become more competitive, efficient, and profitable through the application of innovative technologies, greater efficiencies, and cloud solutions. For more information, visit https://www.rds-consulting.com/

MEDIA ONLY CONTACT:
Jason McCloy
Circus Interactive Agency
+1-704-255-5787
media@circusllc.com

nipendo and Rapid Deployment Solutions (RDS) today announced a new partnership agreement for the resale of nipendo's RPA (Robotic Process Automation) platform for P2P (Purchase-to-Pay) process automation.

Related link: https://www.rds-consulting.com/

ARMCO Expands Corporate Philanthropic Program to Support COVID-19 Relief and Racial Equality Advocacy Efforts

DENVER, Colo. /ScoopCloud/ -- ACES Risk Management (ARMCO), the leading provider of enterprise quality management and control software for the financial services industry, announced it has expanded its corporate philanthropic initiative ARMCO CARES to support employees' charitable giving and volunteer efforts in response to the COVID-19 pandemic and recently added contributions advocating for racial equality. The program includes a $100 donation by ARMCO to a registered charity of each employee's choosing in addition to corporate matching. To date, ARMCO and its employees have contributed to nearly two dozen different charitable organizations addressing issues related to COVID-19 and racial inequality resulting in a 135% increase compared to 2019.

"Support has always been one of ARMCO's core values, but this concept has taken on elevated importance and meaning right now," said ARMCO CEO Trevor Gauthier. "We reopened the program for the year during the pandemic, and in the midst of that, we sadly experienced yet another act of police brutality. There is no better time to focus on charitable organizations assisting with positive change in the world."

Launched in 2018, ARMCO CARES is a philanthropic initiative established by ACES Risk Management to enable employees to share in the firm's success by contributing financially to the charities and causes close to their hearts. The program offers a dollar-for-dollar match of employee donations to a U.S.-registered 501(c)(3) charitable organization of the employee's choice and also supports employees' wellness and community involvement programs.

To learn more about ARMCO CARES and see how ARMCO employees are contributing to their communities and promoting positive change, visit https://www.armco.us/company/armco-cares.

About ARMCO

ACES Risk Management (ARMCO) is the leading provider of enterprise quality management and control software for the financial services industry. More than half of the top 50 lenders and two of the top five U.S. commercial banks rely on ACES Audit Technology(tm) to improve audit throughput and quality while controlling costs. Unlike other quality control platforms, only ACES delivers Flexible Audit Technology, which gives independent mortgage lenders and financial institutions the ability to easily manage and customize ACES to meet their business needs without having to rely on IT or other outside resources. Using a customer-centric approach, ARMCO clients get responsive support and access to our experts to maximize their investment. For more information, visit www.armco.us or call 1-800-858-1598.

*LOGO link for media: https://www.send2press.com/300dpi/20-0401s2-armco-logo-300dpi.jpg

ACES Risk Management (ARMCO), the leading provider of enterprise quality management and control software for the financial services industry, announced it has expanded its corporate philanthropic initiative ARMCO CARES to support employees' charitable giving and volunteer efforts in response to the COVID-19 pandemic.

Related link: https://www.armco.us/

Louis Masry of Quest Settlements Takes Role as President of the National Structured Settlements Trade Association (NSSTA)

WESTLAKE VILLAGE, Calif. /ScoopCloud/ -- The National Structured Settlements Trade Association (NSSTA) has named Louis Masry as 2020-2021 President. Masry is a co-owner at Quest Settlements, where he serves as Principal and as a Senior Settlement Consultant. He has assumed the role of President from Michelle Caine, who completed her year in the role.

NSSTA is an organization with over 1,200 members. The association has been active since 1985, striving to serve as a thought leader and resource for the structured settlement industry. Their efforts include updating their members on recent federal and state legislation and court decisions and holding continuing education and professional certification meetings.

In addition to continuing his role on NSSTA's Board of Directors for the 2020-2021 calendar, Masry now also holds the title of the association's President. He says, "I've been in the industry a long time, and I've seen many ups and downs. Now, more than ever, protecting access to tax-free structured settlements is vital to ensuring the wellbeing of millions of injured claimants."

Specifically, he hopes his role as President will help NSSTA navigate the anticipated increase of federal tax legislation bills as the government addresses COVID-19. He plans to work actively with lawmakers to protect the tax codes that affect the structured settlement industry.

With over two decades of settlement consulting experience under his belt, Masry is well-positioned to support NSSTA as they move forward in this unprecedented time. Ultimately, he hopes to use this new role to support the industry while enabling the professionals in it to best serve their claimants, as well as their families and attorneys.

Rosa Florentino, Principal and Senior Settlement Consultant at Quest Settlements, says of Masry, "All of us who've ever worked with Louis know that he puts our claimants and our overall profession first. He is a true advocate for all those in need and is sure to improve what we can all do for our clients and trade association. I can only imagine the good he will do as NSSTA president."

Masry holds various State life insurance licenses and holds both his Series 7 and Series 63 Securities Licenses. Additionally, he has affiliated memberships with the Association of American Justice (AAJ), Consumer Attorneys Association of California (CAOC), Consumer Attorneys Association of Los Angeles (CAALA), Consumer Attorneys Association of San Diego (CASD), Nevada Justice Association (NJA), and the California Applicants' Attorneys Association (CAAA).

Through his work at Quest Settlements, Masry and his team provide a broad range of advisory services and financial products. They aim to pair claimants and their loved ones with the products and services that best meet their unique needs.

To read Louis Masry's statement about his role as NSSTA President, visit the release from NSSTA.

To learn more about Quest Settlements, visit their website: https://www.questsettlements.com/

Media Contact:
Louis Masry
Quest Settlements
951 South Westlake Blvd Suite 204
Westlake Village, CA 91361
(877) 832-3005

*PHOTO link for media: https://www.Send2Press.com/300dpi/20-0608s2p-Louis-Masry-300dpi.jpg
*Caption: Louis Masry of Quest Settlements.

The National Structured Settlements Trade Association (NSSTA) has named Louis Masry as 2020-2021 President. Masry is a co-owner at Quest Settlements, where he serves as Principal and as a Senior Settlement Consultant. He has assumed the role of President from Michelle Caine, who completed her year in the role.

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

New SBA Service Fills Plan Sponsors’ Need for Pandemic-Friendly, Cost-Effective Sourcing of Third-Party Benefit Service Providers

ATLANTA, Ga. /ScoopCloud/ -- Independent, full-service employee benefits consulting firm Strategic Benefits Advisors, Inc. (SBA) today announced the launch of Arm's-Length Vendor Search, a service designed to help organizations make informed decisions about hiring and retaining benefit plan administrators, recordkeepers and other third-party service providers when travel restrictions or budgetary constraints preclude in-person assessment of prospective vendors.

Procurement policies require many plan sponsors to issue requests for proposal (RFPs) on a regular schedule or as contracts with existing service providers expire. For others, vendor searches represent a valuable opportunity to resolve benefit administration challenges and negotiate more favorable pricing for outsourced services.

"Plan sponsors don't want to put search projects on hold, but they're unsure how to proceed in the current climate," said SBA Founding Principal Andy Adams. "We are pleased to provide an elegant, cost-effective solution to this market need. We call it Arm's-Length Vendor Search not only because it can be done remotely, but also because it eliminates conflicts of interest that occur when searches are performed by parties that earn referral commissions or have an interest in bidding for the same services they are evaluating. These remote searches can achieve everything a traditional search provides, enabling plan sponsors to select vendors with confidence."

SBA performs vendor searches for a wide range of outsourced employee benefit services, including defined benefit (DB) plan administration, 401(k) plan recordkeeping, health and welfare plan administration, financial wellness services, actuarial services and investment advisors. According to Adams, Arm's-Length Vendor Search engagements start as low as $25,000 depending on the nature and scope of the plan sponsor's request.

For more information about SBA's administrative vendor search services, visit https://www.sba-inc.com/services/vendor-search-implementation/administrative-vendor-searches/.

About Strategic Benefits Advisors

Strategic Benefits Advisors, Inc. (SBA) is an independent, full-service employee benefits consulting firm focused on creatively and effectively solving complex benefits challenges for clients ranging from 500 to over 300,000 employees. Founded in 2002 by veteran consultants Mindy Zatto and Andy Adams, SBA provides practical consulting recommendations and expert implementation of solutions for all types of employee benefits programs, including retirement, health and welfare, financial wellness and employee recognition. With an average of over 25 years in the field, SBA's team of actuaries, consultants and systems specialists is among the most experienced in the industry. For more information, visit https://www.sba-inc.com/.

Independent, full-service employee benefits consulting firm Strategic Benefits Advisors, Inc. (SBA) today announced the launch of Arm's-Length Vendor Search, a service designed to help organizations make informed decisions about hiring and retaining benefit plan administrators, recordkeepers and other third-party service providers when travel restrictions or budgetary constraints preclude in-person assessment of prospective vendors.

Related link: http://www.sba-inc.com/

SimpleNexus Platform Enhancement Enables Lenders and Borrowers to Manage Multiple Borrower Loans Through SimpleNexus’ User-Friendly Interface

LEHI, Utah /ScoopCloud/ -- SimpleNexus (https://simplenexus.com/), developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced a platform enhancement that merges management of multiple loans with the same applicant into one user-friendly interface. The new "multi-loan" functionality improves the loan experience for loan originators (LOs) and borrowers, enabling both parties to start, submit and access multiple loan applications via web browser or mobile app experience.

SimpleNexus' multi-loan feature makes it easy for borrowers to navigate between multiple loans and applications, sign individual loan eConsent and disclosures forms, upload documents and complete tasks associated with each loan file. To further streamline the borrower experience, LOs can customize the borrower task list and requested documents for each loan; request eConsent, asset verification or credit authorization on a per-loan basis; and move or copy documents between different loans for the borrower.

Multi-loan streamlines loan management for LOs by automatically linking all loan applications associated with the same borrower. LOs will not need to remove old loans from the system, and additional user accounts and email addresses will not be required to manage multiple loan applications.

"SimpleNexus' multi-loan enhancement makes it easy to maneuver between and complete tasks associated with multiple borrower loans," said SimpleNexus VP of Product Shane Westra. "Whether a borrower is simultaneously purchasing multiple properties or a repeat customer is returning for a new purchase or a refi, multi-loan provides borrowers with the modern, intuitive experience they expect from the organizations that finance their homes."

More than fifty percent of SimpleNexus customers have opted-in for early access to multi-loan. An August 3, 2020, system update will turn on multi-loan for all SimpleNexus customers. Customers who wish to use the multi-loan feature sooner can contact their customer success manager.

About SimpleNexus, LLC:

SimpleNexus is the digital mortgage platform that enables lenders to originate and process loans from anywhere. The company's best-in-class, easy-to-use app connects loan officers to their borrowers and real estate agents to easily communicate and exchange data in a single location throughout the entire loan life cycle. Loan officers can manage their loan pipelines, order credit, run pricing, send pre-approvals and sign disclosures - all on the go.

Twitter: @SimpleNexus #digitalmortgage

SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced a platform enhancement that merges management of multiple loans with the same applicant into one user-friendly interface.

Related link: https://simplenexus.com/

New Integration Enables OpenClose Lenders to Automate MERS® Loan Registration and Transfer via Cyberlink’s eRAMP System

WEST PALM BEACH, Fla. /ScoopCloud/ -- OpenClose(R), the industry-leading mortgage fintech provider and omni-channel loan origination system (LOS), and Cyberlink Software Solutions, a provider of optimization and development solutions for mortgage lenders, announced the completion of an integration that eases the time consuming and laborious method of registering loans one by one with MERS(R).

Cyberlink's eRAMP MERS Transaction Management solution integration works by taking bulk loans that OpenClose lender customers need to register or transfer with MERS, and processing this important task efficiently, quickly, and accurately regardless of the number of loans to submit. eRAMP data then updates OpenClose's LenderAssist(TM) LOS, which includes registration confirmation dates as well as transfer of rights confirmation dates.

"We continuously look for opportunities to automate redundant tasks. The integration with eRAMP accelerates workflow, reduces errors and frees OpenClose users to work on other tasks," stated Vince Furey, CRO of OpenClose. "We are pleased to introduce eRAMP's MERS end-to-end transaction processing solution to our customers knowing that it will save them valuable time and money."

eRAMP has been relied upon for MERS(R) transaction processing by lenders large and small since 2003. Whether it's registering thousands of loans or a couple dozen loans, it's done with the click of a mouse and with minimal manual intervention by the lender. Confirmation reports along with details are provided back to the lender from eRAMP.

"We're always excited when we deliver new features that save time and reduce costs for our customers," said Greg Uttal, president of Cyberlink Software Solutions. "Our goal is to secure additional business and accomplish more with less by way of technology. With the new OpenClose integration, we're right on target to deliver value to our mutual customers."

About OpenClose:

Founded in 1999 and headquartered in West Palm Beach, Florida, OpenClose(R) is a leading enterprise-class, multi-channel loan origination system (LOS), POS digital mortgage and fintech provider that cost effectively delivers its digital platform on a software-as-a-service (SaaS) basis. The company provides a variety of innovative, 100 percent web-based solutions for lenders, banks, credit unions, and conduit aggregators. OpenClose's core solution, LenderAssist(TM), is comprehensive loan origination software that is completely engineered by OpenClose using the same code base from the ground up. The company offers a RESTful API suite that standardizes system-to-system integrations, making them easier to develop, quicker to implement

and more cost effective. OpenClose provides lending organizations with full control of their data and creates a truly seamless workflow for complete automation and compliance adherence. For more information, visit https://www.openclose.com/ or call (561) 655-6418.

About Cyberlink Software Solutions:

Cyberlink Software Solutions, Inc. is a software development company that's been creating innovative applications for mortgage professionals since 1995. We offer in-house developed software products and consulting services, including LOS implementation project management, LOS optimization consulting and MERS process improvement solutions. For more information, please call 800 518-0919 or visit https://www.oncyberlink.com.

Social Media: @OpenClose_LOS #MERSLoanRegistration #LoanOriginationSoftware #CyberLinkSoftwareSolutions #OpenClose

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

OpenClose, the industry-leading mortgage fintech provider and omni-channel loan origination system (LOS), and Cyberlink Software Solutions, a provider of optimization and development solutions for mortgage lenders, announced the completion of an integration that eases the time consuming and laborious method of registering loans one by one with MERS.

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

Top of Mind Lead Project Manager Maggie Mae Named 2020 HousingWire Rising Stars Award Honoree

ATLANTA, Ga. /ScoopCloud/ -- Top of Mind Networks (Top of Mind), a leader in customer relationship management (CRM) and marketing automation software for the mortgage lending industry, today announced that Lead Project Manager Maggie Mae has been named a recipient of HousingWire's 2020 Rising Stars award. Now in its seventh year, the HW Rising Stars award program honors the housing industry's most influential professionals aged 40 and under.

Mae was recognized for building and enhancing many of the capabilities that have earned SurefireCRM its position as the mortgage industry's most used CRM and marketing automation platform. Since Mae joined Top of Mind in March of 2017, she has helped the company evolve its flyer system, expand its multiple listing service (MLS) coverage to over 650 boards across all 50 states and spearhead an integration with Optimal Blue that ensures single property sites always display the exact rates specific to a specific company, branch or originator. Recently, Mae saw the roll out of Power Messaging, a feature that enables loan originators to deliver high-touch text message communications at scale.

"Maggie's contributions at Top of Mind have helped elevate SurefireCRM's functionality and fill the pipelines of thousands of loan originators," said Top of Mind CEO Bill Hayes. "Her recognition as a HousingWire Rising Star is well deserved."

"The first half of 2020 has been stressful and tumultuous for our country and the housing economy," said HousingWire CEO Clayton Collins. "This is an extremely special group of Rising Stars winners. Not only have they demonstrated success in their careers and professions, they have also demonstrated the agility, fortitude and creativity to help lead their teams and clients through this time of change. Real leaders are made during times of crisis and these Rising Stars will only get stronger as they help their organizations navigate toward a more successful future."

The full list of 2020 HousingWire Rising Stars honorees can be viewed at https://www.housingwire.com/articles/introducing-housingwires-2020-class-of-rising-stars/.

About Top of Mind Networks:

Founded in 2003, Atlanta-based Top of Mind Networks (https://www.topofmind.com) started as a bootstrapped direct-mail marketing company. Today, the company is recognized as the mortgage industry's most-relied-upon provider of marketing automation and creative content solutions. From individuals to enterprise lenders, Top of Mind's SurefireCRM helps thousands of mortgage professionals win new business, earn repeat business and deserve referral business. With intuitive, "set it and forget it" workflows and award-winning content, mortgage professionals are able to effortlessly maintain and deepen their emotional connections with clients.

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 40,000 newsletter subscribers daily and over 4 million unique visitors each year. Our audience of mortgage, real estate, financial services and fintech professionals rely on us to Move Markets Forward. Visit https://www.housingwire.com/ or https://www.solutions.housingwire.com to learn more.

@mortgagecrm #mortgagemarketing @HousingWire #HWInsiders

Top of Mind Networks (Top of Mind), a leader in customer relationship management (CRM) and marketing automation software for the mortgage lending industry, today announced that Lead Project Manager Maggie Mae has been named a recipient of HousingWire's 2020 Rising Stars award. Now in its seventh year, the HW Rising Stars award program honors the housing industry's most influential professionals aged 40 and under.

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

Amid Ongoing Work-From-Home Requirements, DocMagic Provides its eSign Technology at Zero Cost to Boost Employee Productivity

TORRANCE, Calif. /ScoopCloud/ -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced it has made an agnostic version of its eSign technology available for free in order to help organizations increase productivity, efficiency and compliance among work-from-home employees during COVID-19 stay-at-home orders as well as after they are lifted. DocMagic is the leader in eSign technology within the mortgage industry, having executed more than 300 million eSign transactions and counting.

Nearly every company relies on signed documents in some part of its core business activities. These agreements often require signatures from multiple parties. Documents are often printed several times, then faxed or emailed, making the process not only cumbersome, laborious and time consuming, but prone to risk as well. Over the past several months, since the inception of social distancing requirements of the COVID-19 pandemic, companies are finding that signing and securely delivering these documents in a timely manner has become a challenge.

DocMagic's eSign technology is traditionally used by mortgage loan borrowers to compliantly eSign initial mortgage loan document disclosures and closing documents. However, DocMagic has modified the platform, making it document agnostic, enabling it to easily handle the execution of important documents such as contracts, NDAs, LOIs and virtually any other agreement, to be electronically signed and legally binding.

"As stay-at-home orders began to open up in more states, large numbers of home-based workers in all industries will continue with the telecommute model and thus continue facing challenges with signing and executing documents," said Dominic Iannitti, president and CEO at DocMagic. "Many employees are using makeshift home offices that lack the hardware, devices, and software to facilitate compliant e-signings. Fortunately, DocMagic is in a great position to help with a proven platform used in one of the strictest, most highly regulated industries. Our eSign technology allows companies to circumvent wet signings, back-and-forth emails, and scanning or faxing documents, for a proven, highly secure, compliant electronic platform."

DocMagic's eSign platform makes electronically signing documents a snap - without the need for any hardware or software. It's 100 percent web-based, easy-to-use, requires no installation or maintenance whatsoever, and can be securely accessed via any device with an internet connection. DocMagic eSign also provides for the secure capture of electronic signatures for all documents stored in the PDF file format. Documents are digitally sealed and access is provided to all parties with audit trail capabilities, document versioning, tracking, and email notifications.

In a recent Zillow survey conducted by The Harris Poll, more than half of employed Americans (56 percent) have had the opportunity to work from home, and a vast majority want to continue, at least occasionally, according to the poll. Among Americans working from home because of the pandemic, 75 percent said they would prefer to continue to do so at least half the time, if given the option, after the pandemic subsides. And two-thirds (66 percent) of those employees said they would be at least somewhat likely to consider moving if they had the flexibility to work from home as often as they want.

Iannitti adds: "We believe that even after stay-at-home orders are gradually lifted, there will still be a significant number of businesses that find the telecommute model to be pragmatic, efficient, and cost effective. After the COVID-19 pandemic slowly winds down, we still want to make our eSign technology available for free. It's our ongoing way of giving back in order to help companies remain as successful as possible."

To clarify, DocMagic's free offer pertains to the agnostic eSign solution only, not mortgage-specific eSignings involving the company's dynamic loan document generation service. Interested organizations can learn more by contacting DocMagic at sales@docmagic.com or call (800) 649-1362.

About DocMagic:

DocMagic, Inc. is the leading provider of compliant loan document preparation, compliance, eSign and eDelivery solutions for the mortgage industry. Founded in 1987 and headquartered in Torrance, Calif., DocMagic, Inc. develops software, mobile apps, processes and web- based systems for the production and delivery of compliant loan document packages. 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 www.docmagic.com.

Social Media: @DocMagic #FreeEsign #eSignTechnology #COVID19goodwill #DocMagicEsign

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

*LOGO link for media: https://www.Send2Press.com/300dpi/18-0522s2p-docmagic-300dpi.jpg

DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced it has made an agnostic version of its eSign technology available for free in order to help organizations increase productivity, efficiency and compliance among work-from-home employees during COVID-19 stay-at-home orders as well as after they are lifted.

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

TeamSnap Raises $5.5 Million in Funding as Sports Activities Begin to Resume

BOULDER, Colo. /ScoopCloud/ -- TeamSnap, the leader in sport management technology, announced today a $5.5 million convertible notes financing led by Foundry Group and Bolt Ventures. The funding comes as TeamSnap prepares for sports activities to return after the global shutdown.

TeamSnap supports over 22 million users, 3 million unique teams and 19,000 clubs across more than 100 different sports and activities. Sport organizations, teams, players and families use TeamSnap's innovative technology everyday to sign up, schedule, communicate, collect payments and coordinate everything for the sports season.

"While this has been a challenging time for the collective youth sports industry, it is gratifying to know that investors are still bullish about our technology, market position and brand," said Dave DuPont, CEO and co-founder of TeamSnap. "Our customers have always genuinely cared about our product. Their loyalty is a testament to our continued investment in technology and our commitment to improving the customer experience. As sports activity continues to recover, this funding gives us liquidity and flexibility to further support our network of teams, sports organizations and brand partners."

The Boulder-based venture firm Foundry Group has been a lead investor for TeamSnap in previous funding rounds. Bolt Ventures joins as a new TeamSnap investor.

"TeamSnap has become synonymous with youth sports and is the top-of-mind platform for all teams and sports organizations," said Isaac Harrouche, Investment Principal, Bolt Ventures. "With sports activities set to return, we are thrilled to partner with TeamSnap and look forward to its continued growth fueled by its powerful brand and innovative technology."

About TeamSnap

Since our formation in 2009, TeamSnap has been single-mindedly focused on taking the work out of play. Over 22 million coaches, administrators, players and parents rely on TeamSnap's powerful and easy-to-use tools for communication, scheduling, payment collection and registration, organizing every sport and group activity in the world. For more information, visit https://www.TeamSnap.com/.

Twitter: #YouthSports #SportsTech @teamSnap

*LOGO Link for Media: https://www.Send2Press.com/300dpi/17-1219s2p-teamsnap-300dpi.jpg

TeamSnap, the leader in sport management technology, announced today a $5.5 million convertible notes financing led by Foundry Group and Bolt Ventures. The funding comes as TeamSnap prepares for sports activities to return after the global shutdown.

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

ARMCO Launches QC NOW Web Series to Support QC Professionals

DENVER, Colo. /ScoopCloud/ -- ACES Risk Management (ARMCO), the leading provider of enterprise quality management and control software for the lending industry, announced the launch of QC NOW, a web series covering current regulatory and operational changes related to quality control, compliance and risk for independent mortgage lenders, banks and credit unions.

"Now more than ever, information is power, and with so much changing so quickly in the lending and financial services landscape, it can be difficult to keep pace and stay informed," ARMCO CEO Trevor Gauthier said. "The QC NOW web series is yet another way ARMCO continues to support financial services quality control and compliance professionals by providing up-to-date information on regulatory and operational changes in an easily digestible format."

The series launches on May 28, 2020 at 11 a.m. Pacific Time (PDT) with "QC Operations in the New World - A Look Into the COVID-19 Era," hosted by ARMCO President and Chief Operating Officer Phil McCall. The webinar will cover what has changed for lenders since the start of the pandemic, the immediate and overall effects of these changes and how qc professionals can prepare for what is still to come.

Other upcoming topics for the web series include:
* How to Ensure Data Integrity with HMDA Reviews
* Mortgage QC Industry Trends - Future Outlook
* QC Reporting Essentials
* State of Servicing QC

To view the upcoming schedule and register to attend an upcoming presentation, visit https://www.armco.us/learn/webinars/qc-now.

About ARMCO

ACES Risk Management (ARMCO) is the leading provider of enterprise quality management and control software for the financial services industry. More than half of the top 50 lenders and two of the top five U.S. commercial banks rely on ACES Audit Technology(tm) to improve audit throughput and quality while controlling costs. Unlike other quality control platforms, only ACES delivers Flexible Audit Technology, which gives independent mortgage lenders and financial institutions the ability to easily manage and customize ACES to meet their business needs without having to rely on IT or other outside resources. Using a customer-centric approach, ARMCO clients get responsive support and access to our experts to maximize their investment. For more information, visit https://www.armco.us or call 1-800-858-1598.

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ACES Risk Management (ARMCO), the leading provider of enterprise quality management and control software for the lending industry, announced the launch of QC NOW, a web series covering current regulatory and operational changes related to quality control, compliance and risk for independent mortgage lenders, banks and credit unions.

Related link: https://www.armco.us/

NotaryCam Offers Free RON Services for Current, Retired Military Members over Memorial Day for Its ‘Help a Hero’ Initiative

NEWPORT BEACH, Calif. /ScoopCloud/ -- NotaryCam(R), the pioneering leader in online notarization and original provider of mortgage eClosing solutions, today announced that it would once again offer free remote online notarization (RON) sessions to United States veterans and current service members over the Memorial Day holiday weekend as part of its semi-annual "Help a Hero" initiative.

The event will run Friday, May 22 through Monday, May 25, 2020 allowing active duty and retired service members to connect to a live notary public via NotaryCam's secure virtual signing room to legally notarize, sign and execute documents and agreements online from anywhere in the world.

"NotaryCam has always been a proud supporter of our retired and active duty service members and is honored to be able to offer this token of our appreciation to all who have served and continue to serve our country," said NotaryCam founder Rick Triola. "We can't repay those who serve our country, but we can and will show our appreciation by offering our remote online notarization services to military members at no charge this Memorial Day."

Since 2013, NotaryCam has held its Help a Hero promotion for Memorial Day and Veterans Day. Current U.S. military service members and veterans who wish to take advantage of this offer need only notify their notary and present a valid military or Veterans ID card during the promotion. USAA, Navy Federal Credit Union and Pentagon Federal Credit Union members are also eligible for the promotion. For more information, please visit https://www.notarycam.com/.

About NotaryCam

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 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(R) 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. NotaryCam 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, the pioneering leader in online notarization and original provider of mortgage eClosing solutions, today announced that it would once again offer free remote online notarization (RON) sessions to United States veterans and current service members over the Memorial Day holiday weekend as part of its semi-annual "Help a Hero" initiative.

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

Structured Settlement Factoring Company Launches New Website to Better Serve Customers

NEW YORK, N.Y. /ScoopCloud/ -- Strategic Capital has launched a new website (https://www.strategiccapital.com/). With this newly revamped web presence, they give people the opportunity to learn more about how they can maximize payout options for structured settlements, lottery winnings, casino winnings, and more.

They aim to help individuals and families learn not just about their service offerings, but also about the prospect of selling payments from any of the aforementioned products. On their new website, people can educate themselves about their options and what to expect of the process.

Strategic Capital has bought structured settlement payments, lottery winnings, investment annuity payments, IGT casino winnings, and other future payments for well over two decades. They are in a unique position to help their customers maximize their winnings and settlement payouts through well-structured transactions.

In fact, not only does the Strategic Capital team have years of experience buying structured settlement payments, but they also come highly recommended from some of the top lawyer associations across the country, including the Kentucky Justice Association, New Jersey Association for Justice (NJAJ), Tennessee Trial Lawyers Association (TTLA), National Association of Trial Lawyer Executives (NATLE), and the Consumer Attorneys of California (CAOC).

Micha Star Liberty, CAOC President 2020, says, "Strategic Capital has been thoroughly vetted by the board of CAOC and found to operate with integrity."

And Lynne M. Kizis, Esq., NJAJ President 2019, adds, "Unlike other firms in the industry, they are known for treating, with care and fairness, those with severe financial challenges arising after their case has settled."

With offices in New York and Los Angeles, Strategic Capital has originated over $1.5 billion in purchases. They have been buying lottery prize payments, investment annuity payments, structured settlement payments, and other future payments since 1994. Strategic Capital helps their customers by reviewing their finances and upcoming expenses. In this way, Strategic Capital is able to put together quotes and value calculations for customers to review. If the customer decides to move forward with selling some or all of their payments, Strategic Capital organizes their documents and sends them to the court. Once the application has been approved, they wire money to the customers directly.

Anyone interested in learning more about the services Strategic Capital offers and the processes involved with each can now find that information on their newly launched website: https://www.strategiccapital.com/

Strategic Capital, 575 Madison Ave Suite 1006, New York, NY 10022.

Strategic Capital has launched a new website. With this newly revamped web presence, they give people the opportunity to learn more about how they can maximize payout options for structured settlements, lottery winnings, casino winnings, and more.

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

SROA Capital Pays Quarterly Distributions – Sees Market Opportunity Ahead

WEST PALM BEACH, Fla. /ScoopCloud/ -- SROA Capital, LLC ("SROA"), a West Palm Beach-based vertically-integrated real estate investment management firm with $1 billion of assets under management and owner/operator of Storage Rentals of America, announced today that it has paid its first quarter distribution of 1.85% or 7.4% annualized which represents the weighted average distribution yield across SROA's dedicated self-storage funds (*note 1).

SROA anticipates continuing to pay quarterly distributions uninterrupted, despite the current market environment. SROA recently launched Fund VIII and has started accepting investor commitments. It expects to begin investing the capital in late 2020 or early 2021 as opportunities arise as the pressure builds on sellers in a post COVID-19 world.

"We are pleased with the performance of our self-storage portfolio and remain focused on seeking to provide our investors with regular quarterly distributions and strong risk-adjusted returns," said Benjamin S. Macfarland III, Co-Founder and CEO.

"SROA is in a strong financial position thanks in large part to our hands-on management, conservative underwriting, modest portfolio leverage (approximately 50% LTV), and ample dry powder. We believe that we are uniquely positioned to weather this period of economic uncertainty and to capitalize on any dislocation that may arise in the self-storage market."

At a time when fixed income yields are at historic lows, investors have flocked to the private real estate equity and debt markets in search of yield. However, many real estate asset classes including retail, office, hospitality, and residential, have been adversely affected by the onset of COVID-19, causing managers to halt distributions. Macfarland believes that conservatively managed self-storage operators like SROA offer investors a safe alternative.

"Over the past two decades, self-storage has shown that it is not as sensitive to macroeconomic downturns as other real estate sectors," Macfarland added. "Over the past 5-, 10-, and 15-year periods, self-storage has outperformed all other real estate property types (*note 2) and self-storage REITs were the only REIT sector to post a positive total return in 2008 (*note 3)."

About SROA

In a recent article, SROA Capital acknowledged the impacts of COVID-19 on our communities and the private real estate market. SROA Capital, LLC is a vertically-integrated real estate investment and management company that specializes in non-traditional commercial real estate with an emphasis on self-storage. SROA owns and operates approximately 7 million rentable square feet under the brands Storage Rentals of America and Storage Zone.

For more information, please visit https://sroacapital.com/.

Notes:
(1) Distribution does not include Elite Store Fund V which is self-storage development vehicle or SROA Capital Fund VIII which was recently launched and has yet to call capital.
(2) Green Street Advisors, April 2019.
(3) Self Storage Almanac 2015.

Image Links For Media:
[1] https://www.Send2Press.com/300dpi/20-0520s2p-sroa-cap-return-300dpi.jpg
Caption: Figure 4: List of commercial property return indices and their performance over a 5-, 10-, and 15-year periods (2004-2019)* (*Green Street Advisors, April 2019).

[2] https://www.Send2Press.com/300dpi/20-0520s2p-sroa-macfarland-300dpi.jpg
Caption: Benjamin Macfarland, SROA Capital Co-Founder and CEO.

SROA Capital, LLC ("SROA"), a West Palm Beach-based vertically-integrated real estate investment management firm with $1 billion of assets under management and owner/operator of Storage Rentals of America, announced today that it has paid its first quarter distribution.

Related link: https://sroacapital.com/

LBA Ware Publishes Findings of Top-10 Lender’s Compensation Automation Cost-Benefit Analysis

MACON, Ga. /ScoopCloud/ -- LBA Ware(TM), a leading provider of incentive compensation management (ICM) and business intelligence software solutions for the mortgage industry, today released the findings of a cost-benefit analysis quantifying one mortgage lender's expected return on investment after implementing CompenSafe(TM).

Built for the mortgage industry, CompenSafe is an automated ICM platform that bridges the gap between lenders' loan origination and payroll systems to eliminate manual data entry and provide actionable insight into staff performance and profitability.

Conducted by a top-10 U.S. mortgage lender, the comprehensive ROI analysis spanned five phases: (1) quantifying the company's current costs related to managing incentive compensation; (2) identifying opportunities for process improvement; (3) defining system requirements for compensation automation; (4) weighing the pros and cons of building an in-house solution against available off-the-shelf software; and (5) estimating the cost savings provided by the chosen solution, CompenSafe(TM).

The lender found it was spending $346,000 a year in labor costs directly attributable to the manual calculation of incentive compensation. In addition, the compensation team was spending untold hours each month answering employee questions, setting up new plans and preparing payroll files. The lender also estimated it was spending between $500,000 to $1 million per year in overpayments caused by manual errors in calculating incentive compensation. According to the lender's analysis, implementing CompenSafe will allow it to recoup an estimated $900,000 in annualized savings by automating manual tasks, eliminating redundant processes and reducing overpayments.

The full case study is available for download here.

About LBA Ware(TM):

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, 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 2019 Inc. 5000 fastest-growing private company, LBA Ware is headquartered in Macon, Georgia.

For more information, visit https://www.lbaware.com.

LBA Ware, a leading provider of incentive compensation management (ICM) and business intelligence software solutions for the mortgage industry, today released the findings of a cost-benefit analysis quantifying one mortgage lender's expected return on investment after implementing CompenSafe.

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

Global DMS offers unique Compliance Guarantee Program for EVO Appraisal Management Software

LANSDALE, Pa. /ScoopCloud/ -- Global DMS, a leading provider of cloud-based appraisal management software, announced that it has launched a new Compliance Guarantee Program for those that utilize its EVO-Res appraisal management platform, which covers all fines in the event that a client is found out of compliance, but is using the software's Best Practice Configuration.

Those that utilize EVO-Res(TM) to manage their valuation operations will be protected by Global DMS' Compliance Guarantee Program as it pertains to Appraisal Independence Requirements, appraiser licensing, borrow receipt of the appraisal, and report and delivery to both Fannie Mae and Freddie Mac.

Global DMS' new program allows institutions concerned with appraisal compliance to effectively remove appraisal risk from the equation, while ensuring they comply with Dodd-Frank's Section 1471, the Equal Credit Opportunity Act's (ECOA) Regulation B, the Truth In Lending Act's (TILA) Regulation Z, the Uniform Standards of Professional Appraisal Practice (USPAP), and both the GSEs and FHA's seller guides.

All EVO-Res users will be eligible for this new program, provided they're following Global DMS' Best Practice Configuration within the system, which promotes appraisal compliance through automation - such as automated license validation, vendor assignment, appraisal reviews, UCDP and EAD submissions, and more.

Implementing an automated valuation process through the use of status-driven triggers ensures compliance by eliminating manual touch-points that lead to human error and oversight. With EVO-Res, this automation not only covers the entire process, it's 100% configurable - allowing lenders and AMCs to customize and run their specific workflows as needed, no development intervention required.

"The appraisal industry is always in flux, and it's imperative for all participants to quickly adapt to the drastic changes introduced by federal regulation, state legislation, public policy, and lending guidelines," said Global DMS(R) COO, Jody Collup. "The key to being compliant and efficient is having an all-encompassing platform that supports dynamic change, as well as an intuitive interface that doesn't require expensive, time-consuming custom development work."

For more information on EVO-Res' Compliance Guarantee Program, contact Global DMS at evoinfo@globaldms.com or 877-866-2747 (option 2).

How compliant are your appraisal operations? Find out by downloading our Ultimate Compliance Checklist here: http://go.globaldms.com/compliance.

About Global DMS:

Founded in 1999 and headquartered in Pennsylvania, Global DMS is a leading provider of cloud-based commercial and residential real estate valuation solutions. The company's solution set is cost effectively delivered on a software-as-a-service (SaaS) transactional basis that ensures compliance adherence, reduces costs, increases efficiencies and expedites the entire real estate appraisal process. Global DMS solutions include its new EVO-Residential(TM) (EVO-Res) platform for residential lending, EVO-Commercial(TM) (EVO-C) platform for commercial lending, eTrac(R) Enterprise valuation management platform for residential lending, SnapVal(TM) appraisal pricing solution, eTrac WebForms, Global Kinex(R), AVMs, the MISMO Appraisal Review System (MARS(R)), ATOM (Appraisal Tracking on Mobile).

For more information, visit https://www.globaldms.com/ or call (877) 866-2747.

Global DMS, a leading provider of cloud-based appraisal management software, announced that it has launched a new Compliance Guarantee Program for those that utilize its EVO-Res appraisal management platform, which covers all fines in the event that a client is found out of compliance, but is using the software's Best Practice Configuration.

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

ARMCO Expands Integrated Third-Party Vendor Offerings Within ACES Audit Technology

DENVER, Colo. /ScoopCloud/ -- ACES Risk Management (ARMCO), the leading provider of enterprise quality management and control software for the lending industry, announced several major enhancements to its ACES Audit Technology platform to aid lenders' loan defect categorization and post-closing quality control efforts.

"Loan quality is a moving target, and to ensure our clients are always hitting the mark, ARMCO is continually refining ACES as users' needs and regulatory directives change," ARMCO CEO Trevor Gauthier said. "This recent slate of system updates is further evidence of our commitment to customer satisfaction, user choice and industry partnerships with best-of-breed providers that support our clients' loan quality initiatives."

Included in the enhancements are additions to the suite of integrated third-party verification providers available within ACES. Users can now order, track and receive credit reports from Data Facts and field reviews from Service1st without leaving the ACES system, which streamlines the quality control audit process and eliminates the unnecessary, time-consuming and error-prone task of rekeying data.

"Data Facts is hyper-focused on helping lenders address fraud and compliance, which makes our partnership with ARMCO such a natural fit," said Lisa May, senior vice president of strategic solutions at Data Facts. "Not only is this integration a win-win for our mutual customers, but it also provides all ACES users with a choice for credit reporting services, and we look forward to delivering to ACES users the same high-touch, high-level customer service that our existing clients have come to expect from Data Facts."

"Many appraisal management companies list appraisal reviews as product offerings, but, in reality, this often takes a back seat to their main business of origination appraisals. That is not the case for Service 1st," said Joe Chappell, executive vice president and business leader for partner integrations at Covius, which owns Service1st. "We have a 25-year track-record of providing appraisal reviews to the QC community and are known for our service, the quality of our valuations, our commitment to communications and our competitive pricing. Our integration with ARMCO brings together two of the industry's leading QC service providers to accelerate the overall appraisal review process, create greater efficiencies for our joint clients and reduce the risk of human error."

In addition to expanding users' options for third-party verification providers, ARMCO also announced its updates to the loan defect taxonomies for Fannie Mae and FHA included within ACES. These updates reflect the changes announced by Fannie Mae in late Q3 2019 and FHA in early Q1 2020 and were made available to ACES users in December 2019 and January 2020, respectively.

"The loan defect taxonomies established by Fannie Mae and FHA enable lenders to standardize their categorization of loan defects, which, in turn, helps facilitate historical trending and benchmarking activities so that lenders have a more fulsome understanding of their loan quality both over time and as compared to their peers," said Gauthier. "As a best practice, the ACES software is updated immediately with these changes to ensure our clients are compliant and utilizing the latest standard from their prudential regulators to effectively manage their loan quality and risk."

About Data Facts

For over three decades, Data Facts' full-circle portfolio of solutions has helped lending professionals make sound lending decisions and maximize efficiencies. Employees are 100% U.S. based and data is never off-shored. By utilizing innovative technology, seamless LOS integrations, and their ability to create customized, flexible solutions, they help clients close more loans faster and easier. Data Facts is certified by the Women's Business Enterprise National Council (WBENC) as a 100% woman-owned business. To read more about Data Facts, visit their website at https://www.datafacts.com.

About Service1st

Service1st, a Covius solution, provides technology-enabled appraisal risk management solutions and specializes in quality control providers. Service1st also delivers risk management solutions for residential and commercial mortgage origination, servicing, default, REO and due diligence. Covius is a trusted provider of services, insight and technology to leading financial companies. Covius' technology-enabled solutions deliver operational efficiencies, mitigate risk and empower compliant decisions and borrower interactions.

Covius businesses are recognized leaders in credit and verification services, HOA and tax tracking, quality assurance, regulatory compliance, compliant document services, comprehensive settlement services, lien and title curative solutions, REO asset management and auction services, capital markets due diligence and oversight as well as rapid-development, customizable cloud-based business process solutions. The company was named a 2020 HousingWire Tech100 winner. For more information about the company and its services, visit https://covius.com.

About ARMCO

ACES Risk Management (ARMCO) is the leading provider of enterprise quality management and control software for the financial services industry. More than half of the top 25 mortgage lenders, a third of the top 150 lenders and servicers and two of the top five U.S. commercial banks rely on ACES Audit Technology(TM) to improve audit throughput and quality while controlling costs. Unlike other quality control platforms, only ACES delivers Flexible Audit Technology, which gives independent mortgage lenders and financial institutions the ability to easily manage and customize ACES to meet their business needs without having to rely on IT or other outside resources. Using a customer-centric approach, ARMCO clients get responsive support and access to our experts to maximize their investment.

For more information, visit https://www.armco.us/ or call 1-800-858-1598.

ACES Risk Management (ARMCO), the leading provider of enterprise quality management and control software for the lending industry, announced several major enhancements to its ACES Audit Technology platform to aid lenders' loan defect categorization and post-closing quality control efforts.

Related link: https://www.armco.us/

SimpleNexus advances initial release of Closing Portal to help lenders meet urgent consumer demand for mobile mortgage closing solutions

LEHI, Utah /ScoopCloud/ -- SimpleNexus (https://simplenexus.com/), developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced the release of the SimpleNexus Closing Portal, a new feature that enables lenders to securely collaborate with settlement service providers for streamlined closing package delivery and will pave the way for hybrid mortgage closings.

With SimpleNexus Disclosures, introduced last year, lenders can distribute individual closing packages to settlement partners for online retrieval. The new SimpleNexus Closing Portal gives settlement service providers access to all their SimpleNexus closing packages in a personal dashboard secured with multi-factor authentication. While both solutions offer push notifications and real-time tracking that integrates seamlessly with the lender's loan origination system, only the SimpleNexus Closing Portal will enable mortgage closing teams to conduct hybrid closings that keep physical closing appointments to a minimum.

In a hybrid closing, borrowers electronically sign (eSign) home loan documents that do not require notarization before meeting with a settlement agent or notary to finalize the closing. As a result, the closing appointment involves signing only a handful of documents and takes only a few minutes instead of an hour or more.

"Consumer demand for options that minimize how much of the mortgage transaction is done face-to-face has never been greater. To help lenders meet that demand, we have advanced the initial release of our highly anticipated SimpleNexus Closing Portal," said SimpleNexus Senior Product Manager Tyler Prows. "With today's release, lenders can prepare to fulfill hybrid closings within the SimpleNexus experience borrowers and originators know and love."

Additional features, including document markup and real-time chat between mortgage closing teams and settlement service providers, will be made available in a future release of the SimpleNexus Closing Portal.

Since the February 2019 introduction of SimpleNexus Disclosures, more and more lenders have come to rely on SimpleNexus to deliver digital mortgage disclosures that borrowers and loan originators can eSign via mobile app or web dashboard. In April 2020 alone, SimpleNexus delivered more than 114,000 digital disclosures packages, and that figure continues to grow as borrowers and lenders embrace mobile mortgage solutions.

About SimpleNexus, LLC:

SimpleNexus is the digital mortgage platform that enables lenders to originate and process loans from anywhere. The company's best-in-class, easy-to-use app connects loan officers to their borrowers and real estate agents to easily communicate and exchange data in a single location throughout the entire loan life cycle. Loan officers can manage their loan pipelines, order credit, run pricing, send pre-approvals and sign disclosures - all on the go.

Twitter: @SimpleNexus #digitalmortgage #mortgageclosing

SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced the release of the SimpleNexus Closing Portal, a new feature that enables lenders to securely collaborate with settlement service providers for streamlined closing package delivery and will pave the way for hybrid mortgage closings.

Related link: https://simplenexus.com/

Veteran B2B Sales Leader Nick Belenky Joins Top of Mind as EVP of Sales

ATLANTA, Ga. /ScoopCloud/ -- Top of Mind Networks (Top of Mind), a leader in customer relationship management (CRM) and marketing automation software for the mortgage lending industry, has hired veteran business-to-business sales leader Nick Belenky as executive vice president of sales. In this role, Belenky will direct Top of Mind's sales operations with a focus on client success and new customer acquisition.

Belenky joins Top of Mind from CardinalCommerce, a Visa (NYSE: V) company and global leader in authenticating digital transactions. As director of sales for the company's consumer authentication group, he oversaw new merchant sales and channel partnerships across North America and globally and led his team to triple-digit sales growth for four years running. Prior to that, Belenky was inside sales and solutions architect manager for 1 EDI Source, a leading provider of electronic data interchange (EDI) solutions and business visibility software.

"Nick's strategic, data-driven approach to growing sales revenue has helped shape the success of small companies and global tech providers alike," said Top of Mind CEO Bill Hayes. "He brings not only deep experience in business-to-business technology sales, but also a genuine enthusiasm for understanding and exceeding the needs of clients, which is a cornerstone of our company culture. We are proud to welcome Nick to the Top of Mind team."

"I cannot say enough about the mortgage marketing knowledge and professionalism of my sales team as well as the deep industry and functional experience our leadership team brings," Belenky said. "Top of Mind helps thousands of borrowers find a lending partner every day and I am proud to be a part of that."

Belenky's 13-year career in sales also includes management roles at CEIA USA, a global manufacturer of security equipment, and Edgerton Corporation, a developer of enterprise resource planning (ERP) systems for the materials handling industry. He began his career in the healthcare technology field, where he worked as a test engineering project manager for medical imaging product provider Codonics and as a computer programmer for EDI outsourcing provider Interactive Payer Network (later acquired by Emdeon, now Change Healthcare (NASDAQ: CHNG)). Belenky is a graduate of Case Western Reserve University with a degree in computer engineering.

About Top of Mind Networks:

Founded in 2003, Atlanta-based Top of Mind Networks (https://www.topofmind.com) started as a bootstrapped direct-mail marketing company. Today, the company is recognized as the mortgage industry's most-relied-upon provider of marketing automation and creative content solutions. From individuals to enterprise lenders, Top of Mind's SurefireCRM helps thousands of mortgage professionals win new business, earn repeat business and deserve referral business. With intuitive, "set it and forget it" workflows and award-winning content, mortgage professionals are able to effortlessly maintain and deepen their emotional connections with clients.

@mortgagecrm #peoplemovers #industrymoves

*PHOTO link for media: https://www.Send2Press.com/300dpi/20-0519s2p-Nick-Belenky-300dpi.jpg
*Photo caption: Nick Belenky Joins Top of Mind as EVP of Sales.

TICKERS: NYSE:V / NY: V / NASDAQ:CHNG / NQ: CHNG /

Top of Mind Networks (Top of Mind), a leader in customer relationship management (CRM) and marketing automation software for the mortgage lending industry, has hired veteran business-to-business sales leader Nick Belenky as executive vice president of sales. In this role, Belenky will direct Top of Mind's sales operations with a focus on client success and new customer acquisition.

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

Digital Mortgage Provider Maxwell Extends Product Offering with New Fulfillment Platform

DENVER, Colo. /ScoopCloud/ -- Digital mortgage provider Maxwell today announced a new way for small and midsize lenders to scale processing capacity to meet market needs through the launch of the Maxwell Fulfillment Platform.

As an extension to Maxwell's digital mortgage platform, the Maxwell Fulfillment Platform is a complete technology and outsourced solution to enable lenders to scale their business with access to teams of on-shore processors at off-shore prices. In an unpredictable market, small to midsize lenders who have difficulty scaling their business to accommodate market demands can seamlessly incorporate a team of seasoned processors with an average of 15 years of experience, all located in the United States. Driven by machine learning and AI technology, the Maxwell Fulfillment Platform ensures a flexible, efficient and high-quality processing experience.

"At Maxwell, our customers see us as true partners and often look to us for solutions beyond the POS solution we're best known for. We created the Fulfillment Platform as the next extension of our product because we recognized their need to scale without an enterprise-sized budget," said John Paasonen, co-founder and CEO of Maxwell. "Yes, we're a point-of-sale, but our technology now allows us to leverage the power of our community of lenders to offer access to value previously only accessible by the largest lenders. Loan processing, powered by our technology, is one example of the ways we help them compete in the marketplace and continue to deliver a superb experience."

Services delivered through the Maxwell Fulfillment Platform will be available on a white-label basis, with processors functioning as part of a lender's operations team. Lenders can add processors as needed to accommodate the ebbs and flows of market dynamics, while maintaining full ownership of customer data and delivering a fully branded, streamlined loan experience to borrowers. Qualifying lenders can apply for early access to the Fulfillment Platform beginning today.

"In the midst of market uncertainty, agile lenders must rethink their operational flexibility. The Maxwell Fulfillment Platform enables lenders to better predict and control labor costs while maintaining quality, security and compliance," said Brian Simons, who leads the Fulfillment Platform as president. "I've spent the last 10 years in third-party fulfillment and now - with the power of Maxwell's technology - we plug directly into our lender's systems, offering highly skilled processing talent, a better borrower experience, pipeline management and reporting through our POS."

Maxwell's Fulfillment Platform is licensed and SAFE Act compliant, ensuring full compliance with state regulations, and features bank-grade security and privacy measures that exceed market standards.

The Maxwell Fulfillment Platform was built to support both processors that work for partners in addition to the processors that Maxwell employs itself. Maxwell is also accepting discussions with other fulfillment partners to join the platform as it grows.

To learn more about the Maxwell Fulfillment Platform, click here - https://himaxwell.com/services

ABOUT MAXWELL

Maxwell empowers mortgage lenders to be more connected, productive and successful by intelligently automating their workflow with homebuyers and real estate agents. A four-time HW Tech 100 winner, Maxwell's digital mortgage platform leverages proprietary algorithms built on its network of data across hundreds of thousands of loans to enable lenders to accelerate the mortgage lending process from application to underwriting. Today, hundreds of lenders across the United States use Maxwell's point-of-sale to originate $5 billion in mortgage loans each month at a cycle time 45 percent faster than the national average. Founded in 2015, Maxwell is a member of the Mortgage Bankers Association and a preferred partner of The Mortgage Collaborative. The company is proud to be built in Denver, Colorado.

Connect with Maxwell:
* https://himaxwell.com/
* https://www.facebook.com/maxwellHQ
* https://twitter.com/ilovemaxwell

Digital mortgage provider Maxwell today announced a new way for small and midsize lenders to scale processing capacity to meet market needs through the launch of the Maxwell Fulfillment Platform.

Related link: https://himaxwell.com/

NEXT™ Team Adds Staff to Expand Digital Footprint

EDMOND, Okla. /ScoopCloud/ -- NEXT Mortgage Events LLC (NEXT™), creator of NEXT women's executive mortgage summit and NEXTMortgageNews.com, has announced that it has added two key positions to support the expansion of its digital footprint. Renee Stanzione, NEXT's director of digital communications, is responsible for developing the infrastructure to grow NEXT's virtual community and expand its reach among mortgage industry executives. Amilda Dymi, NEXT's news director, is responsible for creating and overseeing the majority of content for Up NEXT daily intel feed.

NEXT has been expanding into digital content since 2019, when it began publishing profiles on top women executives on its website, NEXTMortgageNews.com. In January 2020, NEXT launched Up NEXT, its daily intel feed delivered via email to thousands of top mortgage industry executives.

Ms. Stanzione brings nearly a decade of communications experience to her post. Prior to joining NEXT, she was public relations manager at AIME, the Association of Independent Mortgage Experts, where she increased brand awareness for the nonprofit by 192% from the previous year via organic media placements. Her career also includes work with companies that include Brownstein Group, Slice Communications and Freeman Public Relations where she secured media coverage in local and national outlets that include CNN Business, Yahoo! Finance, The Washington Post, Apartment Therapy, FOX29, CBS Philly, NBC10 and PHL17.

Ms. Dymi is a veteran journalist with decades of experience covering the mortgage and financial markets and is also a marketing consultant specializing in startup enterprises. Throughout her career, Dymi has held a wide range of editorial roles at outlets that include Debtwire, American Banker, Mortgage Servicing News and National Mortgage News. She was formerly a radio correspondent for the British Broadcasting Corporation, also known as the BBC.

About NEXT Mortgage Events LLC

In January 2018, NEXT Mortgage Events broke the mortgage industry's unspoken barriers that limit women's access to competitive intel and networking-based information exchange, when it introduced NEXT, the mortgage technology summit for women. NEXT is a two-day, tech-focused symposium based on lenders sharing competitive intel with other lending executives. A boutique gathering, each NEXT event is limited to 200 attendees, and targets a select group of decision making executives. Roughly 85-90% of lender attendees hold a title of VP or higher and approximately 85% of attendees are women. NEXT is held twice a year, in winter and summer. For more information visit https://nextmortgagenews.com/, follow @NEXTmtgEvents or email info@NEXTmortgageEvents.com.

NEXT Mortgage Events LLC (NEXT™), creator of NEXT women's executive mortgage summit and NEXTMortgageNews.com, has announced that it has added two key positions to support the expansion of its digital footprint.

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

Dr. Thomas T. Nagle Joins Sturbridge Growth Partners as Advisory Partner

MEDFIELD, Mass. /ScoopCloud/ -- Sturbridge Growth Partners, a boutique management consulting firm dedicated to driving profitable growth for clients through innovative approaches to pricing and value management, announced today that Tom Nagle has joined the company as an Advisory Partner.

Nagle, who comes to Sturbridge with four decades of experience, is a world-renowned expert who developed breakthrough concepts and practical tactics. His work has enabled billions of dollars of profitable growth for clients and the general business community. Most recently he served as a Senior Advisor for Deloitte. In 1987, Nagle founded The Strategic Pricing Group which was sold to the Monitor Group in 2005. The Monitor Group was then acquired by Deloitte in 2013. Tom is the author of the award-winning book, The Strategy & Tactics of Pricing, now in its 6th edition.

In his role at Sturbridge, Nagle will work closely with our clients to customize pricing strategies to drive gross profits. He will leverage his deep knowledge of economics, his understanding of what drives customer value and his expertise in competitive strategy.

Nagle said, "I am excited to join Sturbridge and its team of experienced organic growth experts. Sturbridge is uniquely positioned in the management consulting space with a superb network of consultants that can be leveraged to generate significant financial results for clients at lower fees than traditional large consultancies."

Commenting on the Nagle appointment, Lisa Thompson, Sturbridge founder and CEO said, "Tom brings a fantastic record of success from his time at Strategic Pricing Group, Monitor and Deloitte. He is one of the most influential and articulate thinkers in this field and we are thrilled he's joining us."

About Sturbridge Growth Partners (SGP)

Sturbridge Growth Partners is a boutique strategy consulting firm serving multiple B2B industries including: Software/SaaS, industrial products, medical technology, chemicals, distribution, and B2B services. The experts at Sturbridge have been helping clients grow profitably for decades. They've driven hundreds of millions of dollars in gross profits through better pricing, value management and sales and marketing strategies.

For more detail visit: https://www.sturbridgegrowthpartners.com/.

To view Sturbridge's recent Webinar: B2B Pricing in Times of Crisis click here - https://www.sturbridgegrowthpartners.com/news

MEDIA CONTACT
John Thompson
jthompson@sturbridgegrowthpartners.com
781-366-1951

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Sturbridge Growth Partners, a boutique management consulting firm dedicated to driving profitable growth for clients through innovative approaches to pricing and value management, announced today that Tom Nagle has joined the company as an Advisory Partner.

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

The Devil is in the Details: Black-owned BWC Capital Works to Demystify Federal Stimulus PPP Loan Forgiveness

GREENSBORO, N.C. /ScoopCloud/ -- Black-owned North Carolina-based investment firm, BWC Capital secured a Payroll Protection Program (PPP) forgivable small business loan during the first round of available funds several weeks ago.

After evaluating the pros and cons of the loan forgiveness aspect of the program, and how small businesses - particularly businesses owned by people of color - are struggling to secure the loan and may face challenges in accessing loan forgiveness, the firm is working to inform small businesses about the importance to remain vigilant about their loan status and loan forgiveness requirements under the current guidelines.

To read a recent interview with the BWC Capital team and to learn about the relief program's loan forgiveness requirements, visit the company's website - https://bwccapital.com/the-devil-is-in-the-details-black-owned-bwc-capital-demystifies-federal-stimulus-ppp-loan-forgiveness/

"Qualifying for a PPP loan as a minority-owned business brought with it a set of hurdles that we were fortunate to navigate," said Bridget Chisholm, BWC's founder and managing partner. "But once we secured the loan and delved into the requirements to better understand the loan forgiveness component, we recognized the importance of helping our clients, partners, and other small business owners understand the program's requirements and hopefully help prevent potential barriers to returning to business as usual once we reach the other side of the pandemic."

In the wake of the novel coronavirus, small businesses across the U.S. scramble to secure the funding needed to survive the current economic downturn. While the country struggles to create and implement a national strategy to safeguard its once bolstering economy, business owners look to federal, state, and local governments for guidance on how to successfully navigate the current crisis. In response to this immediate call for action, Congress has passed two small business bailout packages over the last several months. The $349 billion for forgivable PPP loans included in the initial relief package was exhausted in less than two weeks. Congress subsequently provided an additional $310 billion in relief funds, which are currently being allocated to small businesses in need.

Now in its second round of implementation, the PPP loan program includes $60 billion in set-aside dollars to be provided to small businesses by community development lenders, credit unions, and certain other smaller lenders. The intent of the set-aside is to ensure that more PPP loans reach businesses owned by people of color, as this group was not well-served with the initial round of funds.

During the recent interview, BWC's founder and managing partner, Bridget Chisholm and BWC's senior partner, E.L. Chisholm discussed key elements to the PPP loan forgiveness program's qualification structure, important deadlines, and next steps. In their own words, "the devil is in the details" and what appears to be an easily accessible solution for small businesses is instead marred by time-sensitive loan forgiveness guidelines that could lead to penalties and interest-bearing debt repayment.

About BWC Capital

BWC Capital, LLC is a private equity firm headquartered in North Carolina. In operation since 2013, BWC Capital was formed to address opportunities outside the scope of BWC Consulting, a boutique strategy and financial advisory consulting firm in existence since 2005, and in response to the insatiable demand and widening gap for access to capital by emerging- and growth-oriented businesses. To learn more about BWC Capital visit http://www.bwccapital.com.

Black-owned North Carolina-based investment firm, BWC Capital secured a Payroll Protection Program (PPP) forgivable small business loan during the first round of available funds several weeks ago.

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

ARMCO Launches ACESXPRESS for Early Payment Defaults

DENVER, Colo. /ScoopCloud/ -- ACES Risk Management (ARMCO), the leading provider of enterprise quality management and control software for the lending industry, announced the release of ACESXPRESS(TM) for Early Payment Defaults (EPDs) to bolster lenders' existing audit programs in light of the recent increases in required monthly EPD audit volume.

"With unemployment figures on the rise due to the COVID-19 pandemic, the industry is bracing itself for a sharp increase in the number of EPDs on recently originated loans. Furthermore, EPDs are one of the strongest indicators of possible mortgage fraud, the likelihood of which also increases as borrowers feel a greater sense of urgency to secure financing for their home purchase," ARMCO CEO Trevor Gauthier said. "ACESXPRESS for EPDs provides a turnkey platform for managing sudden volume spikes in EPD audits while maintaining compliance with audit requirements. Because the system can be implemented within a week, ACESXPRESS for EPDs also minimizes the burden typically placed on existing staff when onboarding a new system, thus enabling lenders to begin realizing its benefits sooner."

Originally launched in 2016, ACESXPRESS delivers the power of the ACES Audit Technology(TM) platform in an easy-to-implement format for small and mid-sized lenders. Recognizing the need for a similar platform designed specifically for EPD audits, ARMCO refined the functionality of ACESXPRESS to deliver needed EPD audit support with a streamlined implementation timeframe. ACESXPRESS for EPDs includes:

* Minimal setup requirements and the ability to configure within a week;
* Full product support from ARMCO;
* Pre-configured audits, including ACES IQ for conducting EPD reviews; and
* A library of standard report templates.

"Responsiveness is key to managing loan quality," said Gauthier. "As economic and market conditions change, ARMCO is committed to delivering technology that supports lenders' audit needs and helps mitigate lending risk."

About ARMCO

ACES Risk Management (ARMCO) is the leading provider of enterprise quality management and control software for the financial services industry. More than half of the top 25 mortgage lenders, a third of the top 150 lenders and servicers and two of the top five U.S. commercial banks rely on ACES Audit Technology(TM) to improve audit throughput and quality while controlling costs. Unlike other quality control platforms, only ACES delivers Flexible Audit Technology, which gives independent mortgage lenders and financial institutions the ability to easily manage and customize ACES to meet their business needs without having to rely on IT or other outside resources. Using a customer-centric approach, ARMCO clients get responsive support and access to our experts to maximize their investment.

For more information, visit www.armco.us or call 1-800-858-1598.

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ACES Risk Management (ARMCO), the leading provider of enterprise quality management and control software for the lending industry, announced the release of ACESXPRESS for Early Payment Defaults (EPDs) to bolster lenders' existing audit programs in light of the recent increases in required monthly EPD audit volume.

Related link: https://www.armco.us/

Top of Mind wins eight international Hermes Awards for SurefireCRM’s creative videos that help mortgage lenders engage prospects and customers

ATLANTA, Ga. /ScoopCloud/ -- Top of Mind Networks (Top of Mind), a leader in customer relationship management (CRM) and marketing automation software for the mortgage lending industry, was recognized with four platinum and four gold awards for outstanding corporate marketing in the 2020 Hermes Creative Awards.

The achievement echoes Top of Mind's recent win at the 2020 AVA Digital Awards, where its creative content also took home multiple platinum- and gold-level awards.

Hermes Creative Awards is an international competition that honors professionals involved in the conceptual, writing and design phases of digital and physical marketing media. The world-renowned awards program is administered and judged by the Association of Marketing and Communication Professionals (AMCP), an organization established in 1995 to promote a high standard of creative excellence among its thousands of communication, advertising and marketing professional members. To date, the organization has judged more than 230,000 entries from applicants in 125 countries.

"While it's obvious that purchasing a home is a hallmark financial event, it's important to remember the enormous emotional journey of this impactful life decision," said Top of Mind Chief Creative Officer Sherwood Lawrence. "Top of Mind is committed to helping mortgage lenders connect with homebuyers on a deeper, emotional level. Our engaging content supports borrowers in making educated purchase decisions they will feel good about for a lifetime."

Top of Mind won the platinum award in three categories for "Around the Neighborhood," a dynamic web animation educating borrowers on factors that could impact the value of a home, such as nearby home sales, school zones and typical commute times. "Markets in a Minute," an interactive landing page that provides a snapshot of weekly mortgage market rates, took home a platinum award as a Facebook series and two gold awards as an email landing page. "Journey to Your New Home," an educational web animation that walks borrowers through the lending process, took home gold awards in two categories.

Hermes Creative Awards is judged by panels of field experts that score applicants on a scale of one to 100 based on the quality and ingenuity of their submissions. Winners are selected from eight categories: advertising, publications, marketing, branding, integrated marketing, public relations and communications, electronic media and pro bono.

To learn more about SurefireCRM Creative content, please visit https://www.topofmind.com/creativecontent.

About Top of Mind Networks:

Founded in 2003, Atlanta-based Top of Mind Networks (https://www.topofmind.com) started as a bootstrapped direct-mail marketing company. Today, the company is recognized as the mortgage industry's most-relied-upon provider of marketing automation and creative content solutions. From individuals to enterprise lenders, Top of Mind's SurefireCRM helps thousands of mortgage professionals win new business, earn repeat business and deserve referral business. With intuitive, "set it and forget it" workflows and award-winning content, mortgage professionals are able to effortlessly maintain and deepen their emotional connections with clients.

@mortgagecrm @Hermes_Awards #creativematters #mortgagemarketing

Top of Mind Networks (Top of Mind), a leader in customer relationship management (CRM) and marketing automation software for the mortgage lending industry, was recognized with four platinum and four gold awards for outstanding corporate marketing in the 2020 Hermes Creative Awards.

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