Category: Finance

SimpleNexus is acquiring LBA Ware

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

NJ Lenders to roll out HomeBinder home management platform

BOSTON, Mass. /ScoopCloud/ — HomeBinder, a centralized home management platform that keeps homeowners connected with mortgage lenders, Realtors and other authorized professionals, today announced that NJ Lenders has selected HomeBinder to deliver a post-closing home management experience that improves customer retention and strengthens referral partner relationships.

Depth Public Relations promotes Johnna Szegda and Jenny Moss to client services director

ATLANTA, Ga. /ScoopCloud/ — Depth Public Relations, Inc. (DepthPR), a leading provider of consultative marketing, public relations and reputation management services for mortgage fintech innovators, the residential finance industry and technology for emerging regulated markets (regtech), today announced its promotion of two key staff members in time to celebrate at the Mortgage Bankers Association’s Annual Convention & Expo 2021 in San Diego.

Sales Boomerang highlighted as a premier employer in the mortgage industry

WASHINGTON, D.C. /ScoopCloud/ — Sales Boomerang, the mortgage industry’s top-rated automated borrower intelligence and retention system, today announced it has been ranked a 2021 Top Mortgage Employer by Mortgage Professional America (MPA) following a competitive selection process aimed to identify, recognize and honor the best employers in the U.S. mortgage industry.

After, Inc. will launch its new QuickSuite® of products at the 12th Annual Extended Warranty and Service Contract Innovations Conference

NORWALK, Conn. /ScoopCloud/ — After, Inc., a global leader in Warranty Services Solutions since 2005, just announced that it will be a Platinum Sponsor of the 12th Annual Extended Warranty and Service Contract Innovations Conference. The conference, which brings together companies across auto, appliance, mobile, electronics, home, and industrial equipment industries to discuss the latest trends and insights in extended warranty and service contracts, offers the ideal backdrop to unveil After’s new QuickSuite® product portfolio.

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

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

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

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

MCT Deepens MSR Expertise with Hire of Azad Rafat

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

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

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

DocMagic Unveils eSign 3.0, Enhancing Remote Notary and eClosing Capabilities

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

Promontory MortgagePath welcomes Guild Mortgage Correspondent to its investor network

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

Sales Boomerang releases Q3 2021 Mortgage Market Opportunities Report

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

Agile Launches MBS Pool Bidding

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

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

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

Expetitle Closes $2.3 Million Seed Plus Round

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

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

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

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

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

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

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

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

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

#HousingDC21 Sets Attendance Record

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

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

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

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

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

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

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