FormFree Founder Brent Chandler Commends CFPB Proposal to Eliminate DTI, Citing Ability to Pay as a ‘Best Consumer Borrowing Risk Indicator’

ATHENS, Ga. /ScoopCloud/ — FormFree Founder and CEO Brent Chandler today responded to this week’s news that Consumer Financial Protection Bureau (CFPB) Director Kathy Kraninger indicated the bureau’s decision to propose amending the Ability to Repay/Qualified Mortgage Rule so as to “move away” from debt-to-income (DTI) calculations as a mortgage underwriting factor.

Kaplan Partners Announces Nicholas DeMedio as Principal

WYNNEWOOD, Pa. /ScoopCloud/ — Kaplan Partners, a leading boutique executive search and talent advisory firm, today announced Nicholas DeMedio (“Nick”) has joined the firm as a Principal. With more than 20 years of Executive Search, Talent Management and Human Resources experience, Nick comes from a regional Human Resources consulting firm where he oversaw the financial services executive search practice.

Best Financial Life Launches Deliberate Money Moves Podcast

DANVILLE, Calif. /ScoopCloud/ — Greater East Bay financial planning firm Best Financial Life announces the launch of the Deliberate Money Moves podcast. Deliberate Money Moves was developed as a new avenue to educate clients and prospects on a wide variety of money and financial wellness topics so they can discover how to make better, more beneficial decisions when it comes to their financial landscape.

CardTapp and Top of Mind Offer Combined Solution Aimed at Improving Loan Officer Productivity and Lead Response Time

ATLANTA, Ga. /ScoopCloud/ — CardTapp, your always-on digital assistant, today announced an integration with Surefire by Top of Mind Networks (Top of Mind), a leader in customer relationship management (CRM) and marketing automation software for the mortgage lending industry. The integration brings together Surefire’s new Power Calls capability with CardTapp’s digital assistant solution to increase loan officer productivity and enable speedier borrower outreach.

LBA Ware Releases 2019 LO 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 2019. The firm’s analysis of year-over-year data from its CompenSafe ICM platform reveals compelling trends about how mortgage lenders nationwide are managing commissions for loan originators (LOs).

EPIC Launches New National Specialty Practice: Asset Lifecycle Management

SAN FRANCISCO, Calif. /ScoopCloud/ — EPIC Insurance Brokers & Consultants announced today the launch of a national specialty practice, Asset Lifecycle Management, providing risk consulting and risk transfer solutions focused on clinical and electronic equipment. Large healthcare systems, major universities, and financial institutions rely on electronic equipment to conduct daily operations.

FormFree Generates Record Number of Combined Verification Reports in 2019

ATHENS, Ga. /ScoopCloud/ — FormFree rounded out 2019 with a 65 percent increase in total orders for its AccountChek Asset Report and three-in-one Passport Report over the previous year. The surge in adoption of the company’s market-leading products, which allow lenders to verify borrower asset, income and employment information, caps a long list of product milestones.

Frenkel and Company Completes Transition to EPIC Brand

SAN FRANCISCO, Calif. /ScoopCloud/ — Edgewood Partners Insurance Center, which operates as EPIC Insurance Brokers and Consultants (EPIC), announced today that Frenkel & Company, acquired by EPIC in November 2017, has completed their adoption of the EPIC Insurance Brokers & Consultants name and brand.

NotaryCam Approved to Provide eNotary, RON Services for Michigan Notaries

NEWPORT BEACH, Calif. /ScoopCloud/ — NotaryCam the pioneering leader in online notarization and original provider of mortgage eClosing solutions, today announced that it has been approved by the Michigan Department of State to provide both eNotary and remote online notarization (RON) services to the more than 113,000 notaries public registered in the state.

SimpleNexus User Group (SNUG) 2020 Agenda Announced

LEHI, Utah /ScoopCloud/ — SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced the agenda for SimpleNexus User Group (SNUG) 2020 conference being held February 9-12 at the Snowbird Ski Resort in Snowbird, Utah.

TravelInsurance.com, A Leading Travel Insurance Comparison Site, Offers Travel Tips to Reduce Stress Over the Holidays

NEW YORK, N.Y. /ScoopCloud/ — This year, more Americans are expected to travel between Dec. 21 and Jan. 1 than ever before, according to the American Automobile Association, making travel mishaps even more likely this holiday season. Whether traveling to be with loved ones or for that end-of-year dream escape, there is a high potential for stress. TravelInsurance.com, a leading travel insurance comparison website, offers tips to get you through the holiday travel season smoothly.

PROGRESS in Lending Association Honors OpenClose CEO/CTO Jason Regalbuto with 2019 Lending Luminary Award

WEST PALM BEACH, Fla. /ScoopCloud/ — OpenClose, an industry-leading multi-channel loan origination system (LOS) and digital mortgage fintech provider, announced that Jason Regalbuto, the company’s long-time CEO/CTO, was selected as a 2019 ‘Lending Luminary’ by PROGRESS in Lending Association for his concerted work in leading the mortgage industry and his company to major success over the past 12 months.

Bank of Southern California, N.A. Completes Capital Offering and Plans to Form Holding Company

SAN DIEGO, Calif. /ScoopCloud/ — Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS: BCAL), a community business bank headquartered in San Diego, announced today the successful completion of a capital raise of approximately $12 million through the issuance of common stock in a private placement to institutional and accredited individual investors at a price of $12.00 per share.

NEXT and Housing Finance Strategies Announce #NEXTDC20

WASHINGTON, D.C. /ScoopCloud/ — Capitalizing on the success of their recent executive summit in Washington D.C., NEXT Mortgage Events and Housing Finance Strategies announced #NEXTDC20, their second annual event to be held shortly after the November 2020 election in Washington, D.C.

After, Inc. launches QuickReg 2.0 with additional benefits for Manufacturers and their Customers

NORWALK, Conn. /ScoopCloud/ — After, Inc., the global leader in Warranty Marketing and Analytics Solutions since 2005, just announced the launch of QuickReg(TM) 2.0, the next iteration of its smart registration solution. QuickReg, launched in March 2019, helps manufacturers drive higher registration rates by making product registration quick, easy and convenient for consumers through their preferred channel of choice

OpenClose CRO Vince Furey Wins 2019 HousingWire Vanguard Award

WEST PALM BEACH, Fla. /ScoopCloud/ — OpenClose, an industry-leading multi-channel loan origination system (LOS) and digital mortgage fintech provider, announced that its chief revenue officer (CRO), Vince Furey, has been selected by HousingWire as one of its 2019 Vanguard Award winners.