Tag: DepthPR
Mid America Mortgage Purchases eNote from First eClosing Transaction in North Carolina
ADDISON, Texas /ScoopCloud/ -- Mid America Mortgage, Inc. (Mid America) announced today it has purchased the eNote from North Carolina's first eMortgage transaction. The transaction, which was completed entirely electronically on May 5, was a refinance for a property in Winston-Salem and was executed by Hickory-based North State Bank. Upon completion of the closing, Mid America was able to purchase the resulting eNote within one business day after receiving the final loan package.
Simplifile Adds 14 Counties in American Northeast to Its E-Recording Network
PROVO, Utah /ScoopCloud/ -- Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, has added more than a dozen new recording jurisdictions in five states across the American Northeast to its e-recording network, the nation's largest.
Ann Fulmer Joins FormFree as Chief Strategy and Industry Relations Officer
ATLANTA, Ga. /ScoopCloud/ -- FormFree(R) today announced that it has hired mortgage loan quality subject matter expert and analyst Ann Fulmer as its chief strategy and industry relations officer. FormFree's flagship product, AccountChek(R), is an asset verification app that streamlines the loan underwriting process for both borrowers and lenders, resulting in higher borrower satisfaction and shaving more than a week off the time it takes to close a loan.
IDS Receives Certification from Fannie Mae, Freddie Mac for Its UCD XML File
SALT LAKE CITY, Utah /ScoopCloud/ -- Mortgage document preparation vendor International Document Services, Inc. (IDS), announced its Uniform Closing Dataset (UCD) XML file has been certified to meet all UCD requirements by both Fannie Mae and Freddie Mac ahead of the GSE's September 25 deadline for UCD delivery. To have its UCD XML file certified by the GSEs, IDS underwent an extensive testing process to ensure the dataset was delivered in a GSE-acceptable format.
AccountChek by FormFree Automates Asset Verification for Users of Black Knight Financial Services’ LoanSphere Empower Loan Origination System
ATLANTA, Ga. /ScoopCloud/ -- FormFree(R) today announced the direct integration of its AccountChek(R) automated asset verification service with the LoanSphere(R) Empower(R) loan origination system (LOS) offered by Black Knight Financial Services, a leading provider of integrated technology, data and analytics to the mortgage and real estate industries.
The Mortgage Collaborative Welcomes LaNette Holley as Director of Strategic Initiatives
SAN DIEGO, Calif. /ScoopCloud/ -- The Mortgage Collaborative (TMC), the nation's only independent mortgage cooperative, announced the hiring of LaNette Holley as their Director of Strategic Initiatives. Holley comes to The Mortgage Collaborative with over 25 years of experience in the area of mortgage lending.
New Legislation Enables Massachusetts Jurisdictions to Electronically Record Land Court Documents
PROVO, Utah /ScoopCloud/ -- Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, announced that it is now electronically recording Land Court documents in the Commonwealth of Massachusetts for the first time.
Mid America Mortgage Purchases $2.7 Billion in Mortgage Servicing Rights
ADDISON, Texas /ScoopCloud/ -- Mid America Mortgage, Inc. (Mid America) announced today it has acquired the mortgage servicing rights (MSRs) for $2.7 billion in government loans. The portfolio includes a number of delinquent VA- and FHA-insured loans. The sale was completed at the end of March, and LoanCare, Mid America’s sub-servicer, will take possession of the purchased MSRs on May 2.
Simplifile Hires Toni Carroll as National Settlement Account Manager
PROVO, Utah /ScoopCloud/ -- Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, announced it has hired title and settlement industry veteran Toni Carroll as national settlement account manager. In this position, Carroll will maintain and improve Simplifile's settlement software vendor relationships while supporting the sales effort to deliver Settlement Collaboration to the real estate industry.
The Mortgage Collaborative Partners with Blend to Enhance the Mortgage Experience with Digital, Automated Platform
SAN DIEGO, Calif., /ScoopCloud/ -- The Mortgage Collaborative, the nation's only independent mortgage cooperative, today announced a partnership with Blend, a Silicon Valley technology company bringing mortgages into the modern age, to deliver a digital mortgage experience that is fast, simple and secure to its network of small, mid-sized, and community-based lenders.
The Mortgage Collaborative President and Vice Chairman David G. Kittle Issues Statement Supporting Mortgage Bankers Association GSE Reform Proposal
SAN DIEGO, Calif. /ScoopCloud/ -- On behalf of its network of lenders, David G. Kittle, CMB, president and vice chairman, The Mortgage Collaborative, has issued the following statement on the Mortgage Bankers Association's (MBA) release of its GSE Reform proposal, "GSE Reform: Creating a Sustainable, More Vibrant Secondary Mortgage Market":
ReverseVision Expands RV University (RVU) with 3-Day Live Training Course that Accelerates Reverse Mortgage Loan Originator Success
SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision, the leading provider of software and technology for the reverse mortgage industry, today announced the expansion of its RV University (RVU) education and training program with the addition of a three-day Accelerated Loan Originator Training course available live each month at ReverseVision's San Diego training facility.
PRMI Improves Mortgage QC Audit Efficiency Using Insight RDM from TRK Connection
SALT LAKE CITY, Utah /ScoopCloud/ -- TRK Connection, a leading provider of mortgage quality control and origination management solutions, announced that Salt Lake City-based Primary Residential Mortgage, Inc. (PRMI) has experienced significant improvement in the efficiency of its mortgage quality control (QC) auditing process. PRMI was the first mortgage lender to leverage Insight Risk and Defect Management (RDM), TRK's flagship mortgage QC audit platform, for its in-house pre-funding and post-closing loan audits.
HLP to Offer Automated Asset Verification through Partnership with AccountCheck by FormFree
BALTIMORE, Md. /ScoopCloud/ -- HLP (Hope LoanPort) today announced it will integrate FormFree's AccountChek(TM) automated asset verification service into its communication platform, making it easier for consumers and HUD-certified, nonprofit housing counselors to apply for loan modifications and other options to avoid foreclosure.
Atlantic Coast Mortgage Chooses ReverseVision’s RVX Loan Origination Software for New HECM Division
SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision, the leading provider of software and technology for the reverse mortgage industry, today announced that Atlantic Coast Mortgage (ACM) has selected RV Exchange (RVX) loan origination software (LOS) to support its new home-equity conversion mortgage (HECM) division.
FormFree Founder Brent Chandler Named ‘Tech All-Star’ by Mortgage Bankers Association
ATLANTA, Ga. /ScoopCloud/ -- FormFree today announced that its Founder and President Brent Chandler was one of five mortgage technology innovators recognized by the Mortgage Bankers Association (MBA) in its 2017 MBA Insights Tech All-Stars award. The award, now in its 16th year, recognizes "industry leaders who have made outstanding contributions in mortgage technology."
Simplifile VP Nancy Alley Honored as ‘Tech All-Star’ by Mortgage Bankers Association
PROVO, Utah /ScoopCloud/ -- Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, announced that Simplifile Vice President of Strategic Planning Nancy Alley was one of five mortgage technology innovators honored by the Mortgage Bankers Association (MBA) as a 2017 MBA Insights Tech All-Star.
Mortgage Automation Pioneer cloudvirga Raises $15 Million in Series B Funding
IRVINE, Calif. /ScoopCloud/ -- Cloudvirga(SM), developer of the automated, cloud-based intelligent Mortgage Platform(R) (iMP), announced today it has raised $15 million in a series B funding round led by Incenter, a Blackstone Group portfolio company. The new funding will support cloudvirga as it scales its technology and expands its product offerings.
Bank of England Mortgage Helps Customers Get More Out of Retirement with Home Equity Conversion Mortgages (HECM) and ReverseVision Technology
SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision, the leading provider of software and technology for the reverse mortgage industry, today announced that Bank of England (BOE) Mortgage, a nationwide mortgage lender based in England, Arkansas, has selected RV Exchange (RVX) loan origination software (LOS) to support its growing Home Equity Conversion Mortgage (HECM) division.
Cloudvirga Introduces AccountChek Automated Asset Verification into Its intelligent Mortgage Platform
ATLANTA, Ga. /ScoopCloud/ -- FormFree today announced that cloudvirga(SM), developer of the automated, cloud-based intelligent Mortgage Platform(R) (iMP), has selected AccountChek(TM) for automated asset verification. Cloudvirga's custom integration of AccountChek into the iMP collects borrower account information early in the loan application process and offers a seamless asset verification experience.
LBA Ware Adds Matthew Marshall as Solutions Consultant
LBA Ware -
MACON, Ga. /ScoopCloud/ -- LBA Ware, a leading provider of automated compensation software and systems integration solutions for mortgage lending and retail banking, announced it has hired Matthew Marshall as a solutions consultant to support the firm's sales efforts. In this role, Marshall will be responsible for articulating the value proposition of LBA Ware's solutions.
Qualia Now Integrated with FNTG’s AgentTRAX System for Title Services
SAN FRANCISCO, Calif. /ScoopCloud/ -- Qualia, the fastest growing provider of title settlement software, announced it has integrated the agentTRAX portal from Fidelity National Title Group (FNTG) into its settlement platform. Through this integration, Chicago Title, Commonwealth Land Title and Fidelity National Title agents can issue Closing Protection Letters (CPLs) and generate policy jackets directly through the Qualia system.
Lender Price to Unveil the Lender Price Marketplace at 2017 NAMB East Association of Mortgage Professionals Convention
PASADENA, Calif. /ScoopCloud/ -- Lender Price, the emerging leader in real-time, competitive mortgage analytics and product pricing & eligibility (PPE) solutions announced today that it is launching the Lender Price Marketplace at the 2017 NAMB East Association of Mortgage Professionals Convention exhibit in Atlanta, Georgia on March 16 - 18.
Qualia Connects to AgentNet from First American for Integrated Title Services
SAN FRANCISCO, Calif. /ScoopCloud/ -- Qualia, the fastest growing provider of title settlement software, announced it has integrated its namesake settlement platform with AgentNet(R) from First American Title Insurance Company, a leading provider of title insurance and settlement services and the largest subsidiary of First American Financial Corporation (NYSE:FAF).
FormFree Announces Integration of AccountChek into Ellie Mae’s Encompass Consumer Connect
ATLANTA, Ga. /ScoopCloud/ -- FormFree today announced that its AccountChek(TM) automated asset verification service is available through Ellie Mae's Encompass Consumer Connect(TM) point of sale loan origination solution, an extension of the Encompass mortgage management solution. Encompass Consumer Connect enables lenders to deliver a state-of-the-art, completely branded and unique self-service online loan origination experience for homebuyers.
S&P Approves Altavera for Residential Mortgage-Backed Securities Due Diligence
DENVER, Colo. /ScoopCloud/ -- Altavera Mortgage Services (Altavera), a Computershare company and leading provider of outsourced residential mortgage origination services, has been approved by Standard & Poor's Global Ratings (S&P) as a third-party due diligence provider for U.S. residential mortgage-backed securities (RMBS) rated by that agency.
The Mortgage Collaborative Marks Major Milestone Adding 100th Lender Member
SAN DIEGO, Calif. /ScoopCloud/ -- The Mortgage Collaborative, the nation's only independent mortgage cooperative, announced today that the 100th lender member joined the organization, a milestone reached following their recent Winter Lender Member Conference in Scottsdale, Ariz.
ReverseVision’s Second Annual User Conference Draws Newcomers to Reverse Mortgage Industry
SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision, Inc., the leading provider of software and technology for the reverse mortgage industry, drew a record crowd of reverse mortgage lenders, brokers and industry newcomers to its second annual user conference February 8-10 at the Hilton San Diego Mission Bay Resort and Spa.
IDS Achieves Sustained Mortgage Document Preparation Growth in 2016
SALT LAKE CITY, Utah /ScoopCloud/ -- Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it has achieved another year of sustained growth, increasing its total document volume by 55 percent over 2015. IDS also experienced a 43 percent increase in initial disclosure volume and a 73 percent increase in the use of its E-Signature technology. The company also acquired eMortgage vendor Encomia in September.
Altavera Extends Mortgage Fulfillment Operations to Ten New States
DENVER, Colo. /ScoopCloud/ -- Altavera Mortgage Services (Altavera), a Computershare company and leading provider of outsourced residential mortgage origination services, today announced that it has received residential mortgage licensing approval in ten new states, bringing to 36 its total number of state licenses. Altavera's origination services are newly available in Arkansas, Connecticut, Illinois, Iowa, Kansas, Minnesota, Mississippi, Oklahoma, South Carolina and the District of Columbia.
Simplifile Announces Integration with Ellie Mae’s Encompass Mortgage Management Solution
PROVO, Utah /ScoopCloud/ -- Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, announced that its Collaboration and Post Closing services will be available this month through Ellie Mae's Encompass(r) all-in-one mortgage management solution.
FormFree Named to HousingWire’s TECH100 List of Most Innovative Tech Companies for Fourth Consecutive Year
ATLANTA, Ga. /ScoopCloud/ -- FormFree Holdings Corp. today announced that it has been named to HousingWire's 2017 HW TECH100 list of the most innovative technology companies in mortgage finance and real estate for the fourth year in a row. FormFree has been featured in the TECH100 list since 2014, when the company also won a special category prize for most unique solution.
Simplifile Recognized as HousingWire TECH100 Winner for Second Year Running
PROVO, Utah /ScoopCloud/ -- Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, announced that it has been selected for HousingWire's HW TECH100 list of the most innovative technology companies in housing for the second year in a row.
ReverseVision Named to HousingWire’s HW TECH100 for Second Time
SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision, Inc., the leading provider of software and technology for the reverse mortgage industry, today announced it has been named to HousingWire's HW TECH100(TM) list of the housing economy's most innovative technology companies for a second time. Previously recognized in 2015, ReverseVision is the only reverse mortgage loan origination software (LOS) provider to be selected for the prestigious award.
Lender Price Included on 2017 HW Tech 100 List by HousingWire Magazine
PASADENA, Calif. /ScoopCloud/ -- Lender Price, the emerging leader in real-time, competitive mortgage analytics and product pricing & eligibility (PPE) solutions complete with full mobile functionality and advanced business intelligence, today announced it has been included in the 2017 HW TECH100 list published by housing industry trade magazine HousingWire.