Independent, Third-Party Analysis Shows SimpleNexus Digital Mortgage Platform Delivers 9X ROI
LEHI, Utah /ScoopCloud/ — SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers, real estate agents and settlement agents, today released key findings from an independent, third-party analysis quantifying mortgage lenders’ monetary return on investment (ROI) in SimpleNexus.
LBA Ware Recruits Fintech Data Expert Matt Semrad to Build Predictive Analytics for LimeGear BI Platform
MACON, Ga. /ScoopCloud/ — LBA Ware, a leading provider of incentive compensation management (ICM) and business intelligence (BI) software solutions for the mortgage industry, has hired veteran fintech executive and data analytics expert Matt Semrad to enhance its BI platform LimeGear with predictive loan production analytics and machine learning.
Promontory MortgagePath Adds New Sales Executives to Capitalize on Interest in Its Mortgage Fulfillment, Fintech Offerings
DANBURY, Conn. /ScoopCloud/ — Promontory MortgagePath LLC, a leading provider of comprehensive digital mortgage origination and tech-driven fulfillment solutions, announced today that it has hired Jordan Higgins and Kim Joyce as regional vice presidents in the company’s sales division. The new hires are the latest result of Promontory MortgagePath’s accelerated recruitment efforts.
FormFree to Host Heroes Golf Classic on Oct. 30 in Support of the American Red Cross
ATHENS, Ga. /ScoopCloud/ — FormFree® today announced it will host the 2020 Heroes Golf Classic on October 30, 2020, at Château Élan in Braselton, Georgia. All proceeds from the charity golf tournament will be donated to the American Red Cross of Northeast Georgia, a 501(c)(3) nonprofit that helps feed, shelter and provide support for people affected by fires and other disasters.
Uncertainty Due to Short-Notice FHFA Directive Amplifies Harm to Borrowers
SAN DIEGO, Calif. /ScoopCloud/ — Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory firm, analyzed the potential effect of Wednesday’s fifty basis points worsening in prices paid by Fannie Mae and Freddie Mac for most mortgage refinances.
SimpleNexus Makes the Inc. 5000 List of America’s Fastest-Growing Companies for 3rd Year Running
LEHI, Utah /ScoopCloud/ — SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, announced it has clinched a spot on the 2020 Inc. 5000. This marks the third consecutive year SimpleNexus has appeared on the Inc. 5000 list.
LBA Ware Climbs Over 1,000 Spots to Clinch Inc. 5000 for Second Consecutive Year
MACON, Ga. /ScoopCloud/ — LBA Ware, a leading provider of incentive compensation management (ICM) and business intelligence (BI) software solutions for the mortgage industry, announced it has ranked number 2,173 on Inc. magazine’s annual Inc. 5000 list, a ranking of the nation’s fastest growing companies.
7 Mortgage Implements OpenClose’s LOS & POS to Support Its Network of Credit Union Members
KNOXVILLE, Tenn. /ScoopCloud/ — 7 Mortgage, a credit union service organization (CUSO), announced that it went live with OpenClose’s end-to-end loan origination system (LOS) allowing its partner credit unions to leverage the mortgage industry’s leading technology. The OpenClose solution allows 7’s CUSO members to efficiently and effectively complete mortgage loans – from start to finish – via a centralized platform rated #1 by multiple independent studies.
KROST Launches PPP Loan Forgiveness Review Services for Borrowers and Lenders
PASADENA, Calif. /ScoopCloud/ — Award-winning tax, accounting, and consulting firm, KROST, announced the launch of their PPP Loan Forgiveness Application Review Service for both Borrowers and Lenders. The services are intended to aid both borrowers and lenders by taking on the burden of calculating forgiveness values.
ARMCO Executive Joins QC-Focused Panel for Mortgage Bankers Association’s Virtual Risk Management Conference
DENVER, Colo. /ScoopCloud/ — ACES Risk Management (ARMCO), the leading provider of enterprise quality management and control software for the financial services industry, announced that Executive Vice President of Operations, Sharon Reichhardt has been selected to speak on the topic of quality control during the MBA Live – Risk Management, QA and Fraud Prevention Forum 2020, hosted virtually September 15 – 16, 2020 by the Mortgage Bankers Association (MBA).
New SimpleNexus eClosing feature enables mortgage lenders to conduct speedy and convenient hybrid closings of purchase and refinance loans
LEHI, Utah /ScoopCloud/ — SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced the release of SimpleNexus eClosing, a new feature that enables lenders to conduct hybrid closings for purchase and refinance loans.
Velocity Credit Union gives members free access to their FICO® Scores
AUSTIN, Texas /ScoopCloud/ — Velocity Credit Union credit card holders can now access their FICO Scores at no charge through monthly statements and online banking. FICO Scores will be refreshed on a quarterly basis and checking them will not affect credit ratings.
MCT Fortifies Its Team of Mortgage Industry Leaders Before 2020 Market Volatility
SAN DIEGO, Calif. /ScoopCloud/ — Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that it appointed two mortgage industry veterans in early 2020 which strengthen its support to the capital markets community during the worldwide pandemic and associated financial turbulence.
Mid America Mortgage’s Kara Lamphere Named 2020 HW Woman of Influence
ADDISON, Texas /ScoopCloud/ — Mid America Mortgage, Inc. (Mid America) announced today that Chief Operating Officer Kara Lamphere has been named a 2020 HousingWire Woman of Influence. A two-time winner (2017), Lamphere was recognized this year for her continued efforts to push the envelope regarding what is possible for lenders in today’s origination environment.
SimpleNexus’ Pamela Faulkner and Anna Ratanawan Named to HousingWire’s 2020 Women of Influence List
LEHI, Utah /ScoopCloud/ — 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 Vice President of People Operations Anna Ratanawan have been named 2020 HousingWire (HW) Women of Influence honorees.
FormFree Head of Vendor Management and Compliance Katie King Honored as HousingWire 2020 Women of Influence
ATHENS, Ga. /ScoopCloud/ — FormFree Head of Vendor Management and Compliance Katie King has been recognized by HousingWire (HW) as a 2020 Woman of Influence. In its tenth year, the Women of Influence awards program honors 100 women who are “shaping and propelling the mortgage, real estate and fintech industries forward.”
OpenClose Integration with Access Business Technologies Provides Faster Exchange of Loan Data Between LOS and Third-Party Systems
WEST PALM BEACH, Fla. /ScoopCloud/ — OpenClose®, the industry-leading mortgage fintech provider and omni-channel loan origination system (LOS), announced that it integrated with Access Business Technologies’ (ABT) MortgageExchange interface solution.
Expetitle, a digital title company, has completed a $850,000 fundraising round
MIAMI, Fla. /ScoopCloud/ — Expetitle, a digital title company and a leader in remote real estate closings, announced today it has completed a $850,000 fundraising round. The investment brings Expetitle’s total funding to over $1 million and will help the company aggressively expand its sales and marketing efforts, as well as to continue to develop additional product functionality.
The Alliven Group Names Yehuda Newman as Vice President of Acquisitions
LAKEWOOD, N.J. /ScoopCloud/ — The Alliven Group, a leading New Jersey-based real estate firm, has announced the arrival of Yehuda Newman as Vice President of Acquisitions. Mr. Newman will be focusing on all aspects of new transactions with Joint Venture partners.
FormFree Taps Jocelyn Crum Brooks, AMP, as National Account Manager
ATHENS, Ga. /ScoopCloud/ — FormFree has appointed Jocelyn Crum Brooks, AMP, as national account manager. Brooks will leverage her two decades’ experience supporting lender relationships with the Federal Home Loan Mortgage Corporation (Freddie Mac) to build new customer relationships and strengthen existing customer engagement with FormFree’s flagship products, AccountChek and AccountChek Plus.
Top of Mind Networks partners with MobilityRE to fuel mortgage loan officer/real estate agent collaboration through SurefireCRM
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 added game-changing real estate market intelligence, collaboration and analytics tools from MobilityRE to its flagship SurefireCRM.
Arvest Bank to roll out SimpleNexus mobile-first mortgage platform
LEHI, Utah /ScoopCloud/ — SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced that more than 200 retail loan officers at Arvest Bank (Arvest) will soon begin offering borrowers and referral partners a more streamlined mortgage experience powered by SimpleNexus.
Independent Bankers Association of Texas Announces Promontory MortgagePath as Its Newest Endorsed Service Provider
AUSTIN, Texas /ScoopCloud/ — The Independent Bankers Association of Texas (IBAT) is pleased to announce that Promontory MortgagePath, LLC (PMP) has been selected as the newest IBAT Endorsed Service Provider for its ability to deliver a tailored, modern and cost-effective set of mortgage solutions.
LBA Ware Issues Q2 2020 Mortgage Loan Originator Compensation Report
MACON, Ga. /ScoopCloud/ — LBA Ware, a leading provider of incentive compensation management (ICM) and business intelligence software solutions for the mortgage industry, today released summary statistics on the state of mortgage industry compensation in the second quarter of 2020.
New UniConverter v12 with Powerful Media Convert Feature Upgrade
SHENZHEN, China /ScoopCloud/ — On July 08, 2020, Wondershare (SHE: 300624) launched UniConverter v12 to hit the market. The latest version has an overhauled navigation bar-based interface and claims to offer drastically improved performance of the ‘Video Converter’ tool.
Valligent Technologies Hires Walter Allen as EVP of Digital Transformation
ROSEVILLE, Calif. /ScoopCloud/ — Valligent Technologies (Valligent), the mortgage industry’s residential valuation technology trendsetter, announced today that it has hired Walter Allen as executive vice president of digital transformation.
DocMagic and Simplifile Team to Advance eClosing Adoption, eNotarizations, and eRecordings
TORRANCE, Calif. /ScoopCloud/ — DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced it has partnered with leading real estate document collaboration and recording technology provider Simplifile to deliver new process efficiencies that further digitize the closing process.
Enhanced integration between SimpleNexus and Top of Mind’s SurefireCRM helps mortgage lenders curb abandoned applications, build books of business
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 added two-way data sync to its integration with digital mortgage app SimpleNexus.
MortgageCountry Perfects the eClosing Process – Goes Live with DocMagic’s Custom-Configured Total eClose™ Solution and Dynamic Document Preparation Service
TORRANCE, Calif. /ScoopCloud/ — DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that MortgageCountry, a newly formed mortgage banker, has implemented its Total eClose platform and dynamic document preparation service.
Promontory MortgagePath Expands Operations with Addition of Mortgage Fulfillment Center in Denver
DANBURY, Conn. /ScoopCloud/ — Promontory MortgagePath LLC, a leading provider of comprehensive digital mortgage origination and tech-driven fulfillment solutions, announced today that it has opened a new fulfillment center in Denver. The new fulfillment center will allow Promontory MortgagePath to expand its operations in the western United States while maintaining the high level of service its clients are accustomed to receiving.
IDS’ Tamara Olsen Honored By NEXT Mortgage Events’ Powerhouse Award
SALT LAKE CITY, Utah /ScoopCloud/ — Mortgage document preparation vendor International Document Services, Inc. (IDS), announced that Customer Service Representative Tamara Olsen has been named to the NEXT Mortgage Events’ (NEXT) inaugural Powerhouse Awards list.
Don Baham accepted into invitation-only Forbes Technology Council
NASHVILLE, Tenn. /ScoopCloud/ — Don Baham, President of Kraft Technology Group, LLC (KTG), has been accepted into Forbes Technology Council, an invitation-only community for world-class CIOs, CTOs, and technology executives.
SimpleNexus launches ConnectUs Chat to facilitate real-time loan file collaboration between loan teams, borrowers and real estate agents
LEHI, Utah /ScoopCloud/ — SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced the release of SimpleNexus ConnectUs Chat, a messaging feature that enables real-time loan file collaboration.
Patent Bots LLC Releases New Legal Rankings for Tracking Patent Quality
SOMERVILLE, Mass. /ScoopCloud/ — Patent Bots today announced its Patent Law Firm Quality Scores, a new ranking of 802 U.S. patent law firms with at least 50 issued patents for the year ending March 31, 2020. Patent Bots downloaded 310,842 publicly available patents from the United States Patent and Trademark Office and then used the company’s AI-powered, automated patent proofreading tool to count the number of errors in each issued patent.
LBA Ware Taps Data and Analytics Product Expert Brian Jordan as Director of Product Management
MACON, Ga. /ScoopCloud/ — LBA Ware, a leading provider of incentive compensation management (ICM) and business intelligence software solutions for the mortgage industry, has tapped financial data and analytics industry expert Brian Jordan as director of product management. Jordan was hired to enhance and expand LimeGear, LBA Ware’s recently launched turnkey business intelligence (BI) platform.