TRK Connection Promotes Randy Abbey to Chief Technology Officer
SALT LAKE CITY, Utah /ScoopCloud/ — TRK Connection, a leading provider of mortgage quality control and origination management solutions, announced it has promoted former Senior Systems Architect Randy Abbey to Chief Technology Officer (CTO). In this new role, Abbey will bring to bear his two decades of SaaS, cloud security and diverse solution development expertise.
The Mortgage Collaborative Appoints Arthur Prieston, CMB, Chair of Newly Formed Capital Markets Committee
SAN DIEGO, Calif. /ScoopCloud/ — The Mortgage Collaborative (TMC), the nation’s only independent mortgage cooperative, today announced that industry authority Arthur Prieston has been appointed chair of its newly formed Capital Markets Committee. In this role, Prieston will lead capital market engagements for the group’s lender members.
The Mortgage Collaborative Announces Addition of The Money Source as a Correspondent Investor to Preferred Partner Network
SAN DIEGO, Calif. /ScoopCloud/ — The Mortgage Collaborative, the nation’s only independent mortgage cooperative, announced a new partnership with national correspondent investor and mortgage loan servicer, The Money Source. The new relationship with The Money Source adds another best-in-class national correspondent investor to their preferred partner network.
IDS Expands eSign Room Customization Capabilities
SALT LAKE CITY, Utah /ScoopCloud/ — Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it has expanded the settings and capabilities of its eSign room within the idsDoc mortgage doc prep platform. These new features enable lenders to create a more seamless and unified eSign experience for borrowers.
Dallas Business Journal Names The Cooksey Team to ‘2017 Best Places to Work’
DALLAS, Texas /ScoopCloud/ — The Cooksey Team, a top producing retail branch of Mid America Mortgage, Inc., announced today it has been recognized by Dallas Business Journal as one of its “2017 Best Places to Work” in the Dallas-Fort Worth area. More than 500 companies submitted nominations, and only 100 companies were honored.
Simplifile Adds 21 Southern Jurisdictions to 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 extended its industry-leading e-recording network to include 21 additional recording jurisdictions across the southern United States.
Guaranteed Rate Adopts Automated Asset Verification from AccountChek by FormFree, Reduces Time to Close By Up to 10 Days
ATLANTA, Ga. /ScoopCloud/ — FormFree(R) today announced that Guaranteed Rate, Inc. (“Guaranteed Rate”), one of the nation’s largest independent retail mortgage companies, has selected AccountChek(R) by FormFree for automated asset verification.
Lender Price, the Leading Mortgage Lending Analytics, Pricing Engine and Digital Mortgage Provider Announces Integration with Ernst Publishing
PASADENA, Calif. /ScoopCloud/ — Lender Price, the emerging leader in digital mortgage interface technology and real-time, competitive mortgage analytics and product pricing & eligibility (PPE) solutions complete with full mobile functionality and advanced business intelligence, announced that it has integrated with Ernst Publishing, the leading provider of mortgage fee data for the real estate and home finance industry.
IDS Adds Pushback Notifications to Interface with Byte Software
SALT LAKE CITY, Utah /ScoopCloud/ — Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it has added pushback notifications to its existing interface with BytePro Enterprise, the flagship loan origination software (LOS) platform from Byte Software. Through this enhancement, BytePro users will receive mortgage documents and fulfillment status notifications within the LOS platform.
Mortgage Lending Analytics, PPE and Digital Mortgage Provider Lender Price Attending Motivity Solutions User Conference
PASADENA, Calif. /ScoopCloud/ — Lender Price, the emerging leader in digital mortgage interface technology and real-time, competitive mortgage analytics and product pricing and eligibility (PPE) solutions complete with full mobile functionality and advanced business intelligence, announced that Black Knight Financial Services’ (BKFS) Motivity Solutions will use pricing data from Lender Price’s industry-leading PPE to provide pricing analytics to its users.
The Mortgage Collaborative Partners with MQMR to Provide Its Members with Risk Management and Compliance Services
SAN DIEGO, Calif. /ScoopCloud/ — The Mortgage Collaborative, the nation’s only independent mortgage cooperative, today announced a strategic partnership with Mortgage Quality Management and Research, LLC (“MQMR”), a national leader in risk management and compliance services.
Up-and-comer ubermortgage Embraces Home-Equity Conversion Mortgage (HECM) with Technology from ReverseVision
SAN DIEGO, Calif. /ScoopCloud/ — ReverseVision, Inc., the leading technology provider for the reverse mortgage industry, has formed a partnership with ubermortgage Inc. to support the budding lender’s increasing demand for home-equity conversion mortgages (HECMs) with its RV Exchange (RVX) loan origination technology.
Mortgage Automation Pioneer Hires Veteran Tech Entrepreneur Michael Schreck as CEO
IRVINE, Calif. /ScoopCloud/ — Cloudvirga(SM), developer of next-generation loan officer and direct-to-consumer point-of-sale (POS) systems, has named Michael Schreck its chief executive officer. He succeeds cloudvirga co-founder Bill Dallas, who will continue as chairman of cloudvirga’s board of directors.
Simplifile’s Paul Clifford Receives 2017 Award for Innovation from October Research
PROVO, Utah /ScoopCloud/ — Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, announced that Paul Clifford, president, was recognized with the 2017 October Research Award for Innovation for his leadership in establishing Simplifile’s e-recording network, along with other achievements in support of the title industry.
Kiel Mortgage Selects ReverseVision RVX Loan Origination Software to Support Expansion of Its HECM Division
SAN DIEGO, Calif. /ScoopCloud/ — ReverseVision, the leading provider of software and technology for the reverse mortgage industry, today announced that Kiel Mortgage has chosen RV Exchange (RVX) loan origination software (LOS) to power its home-equity conversion mortgage (HECM) division.
IDS Builds Mortgage Document Preview Feature for LendingQB Integration
SALT LAKE CITY, Utah /ScoopCloud/ — Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it has incorporated a new document preview feature into its integration with LendingQB’s cloud-based loan origination solution (LOS). The feature allows LendingQB users to preview mortgage documents, such as the Loan Estimate or Closing Disclosure, before they are submitted to fulfillment.
FormFree Names Douglas Brewer Director of its Enterprise Architecture
ATLANTA, Ga. /ScoopCloud/ — FormFree today announced the appointment of senior software developer Douglas Brewer to the role of director of enterprise architecture. Brewer, who first joined FormFree in 2014, will be responsible for managing the retention and growth of FormFree’s software development team, overseeing enterprise software design and ensuring the quality and timely delivery of software updates.
Industry Veteran Joins Mortgage Technology Vendor, LBA Ware
MACON, Ga. /ScoopCloud/ — LBA Ware(TM), a leading provider of automated compensation software and systems integration solutions for mortgage lending and retail banking, announced it has hired Finn Klemann as director of business development. In this role, Klemann will bring his more than 20 years of business development and sales experience in forging new relationships for LBA Ware in the financial services industry, with a specific focus on targeting growth in the mortgage industry.
Skyline Financial Corp. Lays Groundwork for New Reverse Mortgage Division with Technology, Training from ReverseVision
SAN DIEGO, Calif. /ScoopCloud/ — ReverseVision, the leading provider of software and technology for the reverse mortgage industry, has forged a partnership with Skyline Financial Corp. (Skyline Home Loans and NewLeaf Lending) to support the lender’s growing reverse mortgage division with RV Exchange (RVX) loan origination technology and RV University (RVU) training programs.
Simplifile E-Recording Network Now Available in 15 Midwestern, Western Jurisdictions
PROVO, Utah /ScoopCloud/ — Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, has expanded its industry-leading e-recording network to include 15 additional recording jurisdictions across the Western and Midwestern United States.
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.