Tag: DepthPR
Five Top-30 Lenders Choose Cloudvirga’s Digital Mortgage Platform in Last 100 Days
IRVINE, Calif. /ScoopCloud/ -- Cloudvirga, developer of intelligent mortgage point-of-sale (POS) platforms, has signed five of the nation's top 30 non-bank lenders in the last 100 days. The new customers collectively originate over $100 billion in loans annually. The announcement follows the firm's addition of Michael Schreck as CEO in June and the completion of a $15 million Series B funding round led by Blackstone Group portfolio company Incenter in March.
‘The Property Man’ Bob Massi to Speak on HECM for Purchase Loan Program During Special Session at ReverseVision UserCon 2018
SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision, Inc., the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced that legal analyst and cable news mainstay Bob "The Property Man" Massi will address attendees of RV UserCon 2018 in a session focused on the HECM for Purchase loan program.
ReverseVision Announces STRATMOR Group’s Jim Cameron as UserCon 2018 Day One Special Session Guest Speaker
SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced that STRATMOR Group Senior Partner Jim Cameron will be the Day 1 Special Session guest speaker for its third annual user conference. The ReverseVision UserCon 2018 will be held February 6-8, 2018, at the Kona Kai Resort and Spa on San Diego's Shelter Island.
Mid America Mortgage to Purchase Assets from Two Oklahoma Lenders
ADDISON, Texas /ScoopCloud/ -- Mid America Mortgage, Inc. announced it has signed a letter of intent to purchase the assets of Oklahoma City-based American Southwest Mortgage Corp. and an affiliated firm, American Southwest Mortgage Funding Corp. As part of the agreement, Mid America will incorporate American Southwest's operations into Mid America's mortgage platform and secure an interest in their respective pipelines and select assets. Further, Mid America will also offer employment to loan production staff members from each organization.
The Mortgage Collaborative Announces Addition of FirstBank Mortgage as the First Reverse Lender to Their Preferred Partner Network
SAN DIEGO, Calif. /ScoopCloud/ -- The Mortgage Collaborative, the nation's only independent mortgage cooperative, announced a new partnership with reverse mortgage lender FirstBank Mortgage. The new relationship with FirstBank Mortgage's Senior Lending Division, adds the first lender specializing in reverse mortgage lending to The Mortgage Collaborative's preferred partner network. FB Financial Corporation (NYSE:FBK) is the holding company for FirstBank.
Matic Insurance Services Raises $7 Million in Series A Round Backed by Top Lender, Insurance Carriers and VC Firms
SHERMAN OAKS, Calif. /ScoopCloud/ -- Matic Insurance Services (Matic), a digital insurance agency whose technology enables borrowers to purchase homeowner's insurance during the mortgage transaction, announced today it has raised $7 million in a Series A funding round. Investors participating in the round include Mr. Cooper, one of the nation's top 20 mortgage originators and the fourth-largest home loan servicer in the country
Mortgage Bankers Association (MBA) Honors Altavera Mortgage Services with Residential Leadership Award for Diversity and Inclusion
DENVER, Colo. /ScoopCloud/ -- Altavera Mortgage Services (Altavera), a Computershare company and leading provider of outsourced residential mortgage origination services, today announced that the Mortgage Bankers Association (MBA) has honored Altavera with its Residential Leadership Award for Organizational Diversity and Inclusion.
SimpleNexus Adds AccountChek Asset, Employment and Income Verification from FormFree to Its Mobile Mortgage App
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ATHENS, Ga. /ScoopCloud/ -- FormFree today announced it has entered a partnership with SimpleNexus, a leader in bringing the home mortgage process to mobile devices. The integration of the two companies' technologies will make FormFree's AccountChek automated verification service for asset, employment and income a seamless part of the loan application experience for borrowers applying for a loan using SimpleNexus' mobile technology.
ReverseVision Partners with Premier Reverse Closings (PRC) to Streamline Title Ordering for Home-Equity Conversion Mortgages
SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, has forged a partnership with Premier Reverse Closings (PRC), a title and settlement firm specializing in reverse mortgage closings. A new integration between the companies' software allows users of ReverseVision's flagship RV Exchange (RVX) loan origination system (LOS) to order title services from PRC without ever leaving the RVX system.
Mid America Mortgage Launches Digital Mortgage Platform, Partners with NASCAR, Richard Petty Motorsports
DAYTONA BEACH, Fla. /ScoopCloud/ -- Click n' Close, a division of Mid America Mortgage, Inc., has entered into official partnership agreements with the sanctioning body, NASCAR, and one of the most iconic race teams in the sport, Richard Petty Motorsports. The collaborations designate Click n' Close as the "Official Mortgage Provider of NASCAR" in addition to becoming a partner of Richard Petty Motorsports.
The Mortgage Collaborative Notches 20 Percent Growth in Lender Membership since Q1
SAN DIEGO, Calif. /ScoopCloud/ -- The Mortgage Collaborative, the nation's only independent mortgage cooperative, today announced that they have reached another milestone, adding 20 new lender members since their August summer conference in Nashville. This brings the Collaborative's membership total to 120 and an annual aggregate origination volume of $210 Billion.
FormFree Delivers Combined Income, Asset and Employment Report for Fannie Mae’s Single Source Validation Pilot
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ATHENS, Ga. /ScoopCloud/ -- FormFree(R) today announced that it has entered into a pilot with Fannie Mae that could allow mortgage lenders to validate borrower income, asset and employment data through a single report as early as 2018.
31 Jurisdictions Across Eastern U.S. Join Simplifile E-recording Network
PROVO, Utah /ScoopCloud/ -- Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, today announced that 31 additional recording jurisdictions throughout the Northeast, Southeast and Mid-Atlantic have signed on to Simplifile's e-recording platform.
Gateway Mortgage Selects TRK Connection’s Insight RDM QC Audit Platform
SALT LAKE CITY, Utah /ScoopCloud/ -- TRK Connection, a leading provider of mortgage quality control and origination management solutions, announced today that Oklahoma-based Gateway Mortgage Group has chosen the Insight Risk & Defect Management (RDM) platform to conduct its internal quality control (QC) audits.
Norcom Mortgage Names ReverseVision Its Provider of Choice for End-to-End HECM Technology
SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced that Norwich Commercial Group, Inc. dba Norcom Mortgage (Norcom) has selected ReverseVision as its provider of choice for end-to-end HECM technology.
Mid America Mortgage Assists Lenders, Borrowers Affected By Recent Disasters
ADDISON, Texas /ScoopCloud/ -- Mid America Mortgage, Inc. (Mid America) announced measures it has taken to provide assistance to both lenders and borrowers that were impacted by recent federally declared disasters. In addition to $20,000 in donations from employees and the corporation toward relief efforts, Mid America will also purchase loans on properties located in areas impacted by the recent storms or fires. This includes both government and conventional loans underwritten to agency guidelines.
The Mortgage Collaborative Expands Metrics-Driven Lender Collaboration Lab Initiative
SAN DIEGO, Calif. /ScoopCloud/ -- The Mortgage Collaborative, the nation's only independent mortgage cooperative, recently announced details surrounding the continued expansion of their Collaboration Lab initiative. Launched in the spring of 2017, TMC's Collaboration Labs offer their Lender Members the opportunity to participate in day and a half long "deep-dive" networking sessions with peers.
The Mortgage Collaborative Announces Addition of PHH Mortgage to Preferred Partner Network
SAN DIEGO, Calif. /ScoopCloud/ -- The Mortgage Collaborative, the nation's only independent mortgage cooperative, today announced a new strategic partnership with PHH Mortgage, a leading subservicer and portfolio retention provider. The new relationship with PHH Mortgage adds an experienced, best-in-class subservicer to their preferred partner network.
VanDyk Mortgage Enables Borrowers to Automate Asset Verification Using AccountChek by FormFree for Faster Mortgage Closings
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ATHENS, Ga. /ScoopCloud/ -- FormFree today announced that VanDyk Mortgage Corporation has selected its flagship AccountChek(R) service for automated asset verification. Loan officers at VanDyk have already begun offering AccountChek as an alternative to manual, paper-based asset verification. In addition, borrowers can choose AccountChek as a faster alternative to uploading bank statements when using VanDyk's self-service mortgage portal, powered by Ellie Mae's Encompass Consumer Connect.
The Mortgage Collaborative Unveils New Lender Member Benchmarking Solution
SAN DIEGO, Calif. /ScoopCloud/ -- The Mortgage Collaborative, the nation's only independent mortgage cooperative, has released its monthly benchmarking solution to its Lender Members. The first reports were made available this month and will be provided to participants on a month-to-month, real-time basis.
Advanced Technology Development Center Adds LBA Ware to Its ATDC Signature Portfolio
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MACON, Ga. /ScoopCloud/ -- LBA Ware, a leading provider of automated compensation software and systems integration solutions for mortgage lending and retail banking, announced that the Advanced Technology Development Center (ATDC) - Georgia's technology incubator - has accepted LBA Ware to into its ATDC Signature portfolio. As an ATDC Signature company, LBA Ware will have access to ATDC coaching and programming, potential investment capital and additional resources from the Georgia Institute of Technology, including intellectual property and talent.
Certified Credit Reporting Joins The Mortgage Collaborative’s Preferred Partner Network
SAN DIEGO, Calif. /ScoopCloud/ -- The Mortgage Collaborative (TMC), the nation's only independent mortgage cooperative, announced a new preferred partner relationship with national credit information service provider, Certified Credit Reporting. As a result of this new partnership, lender members of The Mortgagee Collaborative will receive discounted pricing on Certified Credit's suite of credit and verification services.
Matic Insurance Services and LendingQB Partner to Eliminate Stress, Mortgage Delays Caused by Homeowner’s Insurance
SHERMAN OAKS, Calif. /ScoopCloud/ -- Matic Insurance Services (Matic), a digital insurance agency that enables borrowers to purchase homeowner's insurance during the home-buying transaction, today announced a new partnership with LendingQB, a provider of "lean lending" loan origination technology. Matic announced the news as part of a live demonstration at San Francisco's Digital Mortgage Conference.
FormFree, LexisNexis Risk Solutions Expand Alliance to Provide Liens and Judgments Data
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ATHENS, Ga. /ScoopCloud/ -- FormFree today announced the impending launch of AccountChek Plus, a new tool for lenders that combines the features of AccountChek, the nation's most trusted asset verification app, with liens and civil judgments data from LexisNexis Risk Solutions. By giving lenders a more complete picture of borrower ability-to-pay before loans go to underwriting, AccountChek Plus cuts costs, reduces risk and empowers better lending decisions.
Built Named Preferred Partner of The Mortgage Collaborative
NASHVILLE, Tenn. /ScoopCloud/ -- Built was named to The Mortgage Collaborative's Preferred Partner Network, providing solutions for digital draw management and collaboration software for the network's lenders active in construction lending. Built is the leading provider of secure, cloud-based construction lending software.
TRK Connection Adds Data Subscriptions Feature to Insight RDM Mortgage QC Audit Platform
SALT LAKE CITY, Utah /ScoopCloud/ -- TRK Connection, a leading provider of mortgage quality control and origination management solutions, announced today that it has added a data subscriptions feature to its flagship mortgage quality control (QC) audit platform Insight Risk & Defect Management (RDM).
Lender Price Names Jerry L. Halbrook as CEO and Opens New $5-$10 Million Investment Round
PASADENA, Calif. /ScoopCloud/ -- Lender Price, the emerging leader in digital mortgage lending technology, announced today that it has named veteran mortgage industry executive Jerry Halbrook as its CEO and has opened a fresh round of equity funding to fuel its growth trajectory.
The Mortgage Collaborative Announces Addition of ACS Accounting to Preferred Partner Network
SAN DIEGO, Calif. /ScoopCloud/ -- The Mortgage Collaborative (TMC), the nation's only independent mortgage cooperative, announced a new partnership with east-coast based CPA and advisory firm, ACS Accounting. The new relationship with ACS, adds another best-in-class tax and accounting firm to their preferred partner network.
Matic Insurance Services Debuts Integration with Roostify During TechCrunch Startup Battlefield, Advances to Competition’s Final Round
SHERMAN OAKS, Calif. /ScoopCloud/ -- Matic Insurance Services, a digital insurance agency that enables borrowers to purchase homeowner's insurance during the home-buying transaction, has forged a partnership with automated lending technology provider Roostify. The company announced the news Tuesday afternoon from the stage of TechCrunch's Startup Battlefield, part of the TechCrunch Disrupt SF conference held in San Francisco this week. Matic was one of just six elite startups chosen to advance to the final round of the competition.
The Mortgage Collaborative Names Rich Swerbinsky as its Chief Operating Officer
SAN DIEGO, Calif. /ScoopCloud/ -- The Mortgage Collaborative (TMC), the nation's only independent mortgage cooperative, today announced it has promoted Rich Swerbinsky to the role of Chief Operating Officer. Having served as its executive vice president of national sales and strategic alliances since 2015, Rich Swerbinsky will now serve TMC as its COO.
Mortgage Collaborative Announces Addition of First Community Mortgage to Preferred Partner Network
SAN DIEGO, Calif. /ScoopCloud/ -- The Mortgage Collaborative (TMC), the nation's only independent mortgage cooperative, announced a new preferred partnership with national correspondent investor and mortgage loan servicer, First Community Mortgage (FCM). The new relationship with FCM adds another best-in-class national correspondent investor to their preferred partner network.
ReverseVision to Host UserCon 2018 February 6–8 in San Diego
SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision, Inc., the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, will host its third annual user conference February 6-8, 2018, at the Kona Kai Resort and Spa on San Diego's Shelter Island.
JMAC Lending Selects Insight RDM Mortgage QC Audit Platform from TRK Connection
SALT LAKE CITY, Utah /ScoopCloud/ -- TRK Connection (TRK), a leading provider of mortgage quality control and origination management solutions, announced today that JMAC Lending, a Southern California-based wholesale and correspondent lender, has selected TRK's flagship mortgage quality control (QC) audit platform Insight Risk & Defect Management (RDM).
MEDIA ADVISORY: ReverseVision Experts Available to Discuss HUD Changes to HECM Reverse Mortgage Program
SAN DIEGO, Calif. /ScoopCloud/ -- The following ReverseVision experts, whose expertise on the Home Equity Conversion Mortgage (HECM) ranges from HUD guideline interpretation to market analysis to education, are available for interviews regarding HUD's planned changes to the HECM program.
US Mortgage Implements CompenSafe from LBA Ware to Automatically Calculate LO Compensation
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MACON, Ga. /ScoopCloud/ -- LBA Ware, a leading provider of automated compensation software and systems integration solutions for mortgage lending and retail banking, announced that Melville, New York-based US Mortgage Corporation (US Mortgage) has implemented CompenSafe to automatically calculate commissions for its loan originators and operations staff located in 24 branches across the United States.