Tag Archives: Digital Mortgage

FormFree Taps Jocelyn Crum Brooks, AMP, as National Account Manager

ATHENS, Ga. /ScoopCloud/ -- FormFree(R) 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(R) and AccountChek Plus(TM).

"Jocelyn has earned her reputation as a valued partner in guiding lenders through complex pricing, credit performance and technology adoption requirements to achieve outstanding business results," said FormFree Founder and CEO Brent Chandler. "She will play an important role in our mission of empowering lenders to collect and verify borrower financial DNA - including asset, employment and income data - electronically in just minutes."

Prior to joining FormFree, Brooks spent 19 years in various account-facing positions at government sponsored entity (GSE) Freddie Mac, where she led cross-divisional teams to support credit unions', banks' and independent mortgage lenders' successful participation in Freddie Mac programs.

Brooks' work at Freddie Mac earned her numerous awards including the Technology Integration Award for driving lender adoption of technology tools, the Chairman's Award for leadership in client relationship management and the Outstanding Business Results Award for performance excellence. Brooks has earned the Mortgage Bankers Association's Accredited Mortgage Professional (AMP) designation.

"I've dedicated my career to helping drive lender success through education and technology adoption," said Brooks. "I'm thrilled to join FormFree, where I can offer lenders the industry's most trusted and forward-thinking solutions for determining a borrowers' ability to repay."

About FormFree(R)

FormFree(R) is a market-leading fintech company whose revolutionary products AccountChek(R) and Passport(TM) are changing the credit decisioning landscape and encouraging lenders nationwide to incorporate a more holistic view of each borrower's financial DNA. To date, thousands of U.S. lenders and brokers have ordered millions of FormFree's patented verification reports representing over a trillion dollars in loan verifications.

FormFree delights borrowers and lenders with a paperless experience, reduces origination timelines by up to 20 days and offers automated analysis and standardized delivery to lenders and investors using a secure ReIssueKey(TM). A HousingWire TECH100(TM) company for four consecutive years, FormFree is based in Athens, Georgia.

For more information, visit https://www.formfree.com/or follow FormFree on LinkedIn.

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*Photo caption: Jocelyn Crum Brooks, AMP.

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.

Related link: https://www.formfree.com/

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. PMP combines an intuitive, collaborative digital-mortgage platform with comprehensive fulfillment services, giving banks the cutting-edge technology and scalability required to compete in today's market.

Banks partnering with PMP determine their own product and loan pricing strategies while PMP handles the rest. With PMP, banks can field their own loan officers to co-pilot the application process and collaborate with their borrowers via PMP's proprietary point-of-sale, Borrower Wallet(r). PMP processes and underwrites each loan using client-provided business rules and closes in the bank's name.

"IBAT is thrilled to add Promontory MortgagePath to our roster of top-quality endorsed service providers," said Christopher Williston, IBAT president and CEO. "As our members know all too well, the financial services landscape is changing and that includes the need to provide an efficient and effective mortgage experience that community bank customers expect. We look forward to our new relationship and the value it will provide Texas community bankers."

This game-changing technology is required to help community banks retain and acquire customers who are increasingly demanding a digital experience. With the current challenges to in-person interactions magnified by the COVID-19 pandemic, the ability to transact digital mortgage services becomes even more critical to success.

In these early stages of economic recovery, the anticipated refinance, HELOC and first-time-homebuyer activity offers community banks an opportunity to acquire new mortgage customers. With PMP's solutions, banks benefit from increased efficiencies and a scalable business model while offering their customers an intuitive and modern digital-mortgage experience.

"For community banks, service is the big differentiator. Our digital platform and fulfillment models enable clients to deliver an exceptional customer experience with increased scalability and efficiency," said Paul Katz, managing director and head of bank relations at Promontory MortgagePath. "Times like these underscore the value of a solution that blends great service with innovative technology," he added.

PMP's founder, former U.S. Comptroller of the Currency Gene Ludwig, has been committed to community- and regional banking for decades. He has channeled his expertise as a former federal regulator into creating companies and products to improve the competitive posture of community banks while retaining a focus on compliance, including Promontory Interfinancial Network (PIN) and Promontory Financial Group.

Ludwig brought this same dedication to innovation, service, risk management and compliance excellence to Promontory MortgagePath. Compliance is deeply ingrained in its technology development and at the forefront of its fulfillment solutions. Banks partnering with PMP will get a customized, data-driven solution that results in more-compliant loans.

For more information about IBAT's endorsement of PMP, visit www.ibatservices.com.

About the Independent Bankers Association of Texas

Formed in 1974, the Independent Bankers Association of Texas (IBAT) represents Texas community banks. The Austin-based group is the largest state community banking organization in the nation with membership comprised of more than 2,000 banks and branches in 700 Texas communities. Providing safe and responsible financial services to all Texans, IBAT member bank assets range in size from $21 million to $31 billion with combined assets statewide of $193 billion. IBAT member banks are committed to supporting and investing in their local communities.

About Promontory MortgagePath | NMLS ID 1532373

Promontory MortgagePath is a fast-growing team of passionate problem solvers on a mission to fundamentally change the way lenders approach their mortgage businesses. Their tailored, modern and cost-effective set of mortgage solutions help lenders remain competitive in a rapidly-changing mortgage market. Promontory MortgagePath combines an intuitive, collaborative digital-mortgage platform with comprehensive fulfillment services, giving lenders the cutting-edge technology and scalability required to compete in today's residential mortgage market, profitably. The company's founder, former U.S. Comptroller of the Currency Gene Ludwig, is widely recognized as a far-sighted thinker on the critical issues confronting financial services, and his companies are renowned for their ability to help community lenders resolve their most-pressing challenges. To learn more, visit https://www.mortgagepath.com/.

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.

Related link: https://www.mortgagepath.com/

SimpleNexus and Optimal Blue enhance integration to deliver fully integrated mobile rate-locking solution

LEHI, Utah /ScoopCloud/ -- SimpleNexus (https://simplenexus.com/), developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced significant enhancements to its integration with Optimal Blue, the leading provider of secondary marketing solutions and data services in the mortgage industry. The combined solution is the industry's first to enable loan originators to lock loan pricing from a mobile device.

Now, mutual customers of SimpleNexus and Optimal Blue can run pricing scenarios and request rate locks directly from the SimpleNexus mobile or web application. Two-way data integration between SimpleNexus, Optimal Blue and the lender's loan origination system streamlines the lock request process to minimize manual data entry, advancing loan originators straight to the results page whenever possible.

"Loan pricing can change throughout the day with little advance warning, especially in today's turbulent market," said SimpleNexus COO Ben Miller. "The ability to rapidly lock a loan from a mobile device puts loan originators at a tremendous advantage, enabling them to more effectively manage high volume and close more deals."

Optimal Blue has seen record-setting system volume every month since February 2020, with clients using its enterprise product eligibility and pricing engine to lock well over $1 trillion in mortgage volume in the last 12 months alone.

"To handle today's unprecedented level of activity, lenders need to leverage integrations that create efficiencies and make rate locking processes more scalable and effective" explained Optimal Blue Vice President of Marketing and Strategic Alliances Bob Brandt. "Optimal Blue's integration with SimpleNexus puts accurate mortgage rates at the fingertips of borrowers and loan officers - no matter what device they're using."

For more information, visit https://simplenexus.com/sn/partners/optimal-blue/.

About SimpleNexus, LLC:

SimpleNexus is the digital mortgage platform that enables lenders to originate and process loans from anywhere. The company's best-in-class, easy-to-use app connects loan officers to their borrowers and real estate agents to easily communicate and exchange data in a single location throughout the entire loan life cycle. Loan officers can manage their loan pipelines, order credit, run pricing, send pre-approvals and sign disclosures - all on the go.

About Optimal Blue:

Optimal Blue's Marketplace Platform connects the industry's largest network of originators, investors, and providers. More than $1 Trillion of transactions are processed across the platform each year, facilitating a broad set of secondary market interactions like pricing, locking, hedging, and trading of mortgage loans. For more information, please visit https://www2.optimalblue.com/.

Twitter: @SimpleNexus @OptimalBlue #digitalmortgage #mortgagevolume #ratelocking #mobilefirst #integrations

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SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced significant enhancements to its integration with Optimal Blue, the leading provider of secondary marketing solutions and data services in the mortgage industry.

Related link: https://simplenexus.com/

SimpleNexus and Mortgage Coach expand integration with real-time data syncing for instant analysis of lifetime loan costs

LEHI, Utah /ScoopCloud/ -- SimpleNexus (https://simplenexus.com/), developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, has expanded its integration with Mortgage Coach (https://www.mortgagecoach.com), making it easier than ever for loan originators to give borrowers the clear, accurate comparison of loan products and scenarios needed to make informed mortgage decisions.

With the integration of SimpleNexus and the Mortgage Coach Total Cost Analysis (TCA), every borrower who applies for a mortgage loan using the SimpleNexus digital mortgage app immediately receives a TCA. A recent update to the integration enhances the borrower experience by updating key loan information in real time and enabling loan professionals to incorporate video narration into TCAs from within the SimpleNexus app. As applicants progress through the origination process, the accurate analysis adjusts instantly, allowing loan professionals to provide clear advice faster and measurably convert more leads into loans.

Loan originators at Strongsville, Ohio-based Union Home Mortgage have seen faster commitments and more complete loan applications with the combined solution, having delivered 20,000 personalized Mortgage Coach TCA presentations in the last 90 days alone with the new automation.

"Originators need to give people options, but creating manual comparisons for every loan applicant is impractical," said Union Home CIO Mark Langhans. "We love the way Mortgage Coach frames up cost analysis in an easy-to-consume format that originators can walk borrowers through in minutes - and the integration with SimpleNexus makes it even easier for us to leverage this powerful strategy. Even more telling than the number of presentations delivered is the number of borrower views and shares those TCAs have received."

"What's special about this integration is that it starts a conversation that frequently brings a close to the borrower's rate shopping," said SimpleNexus CEO Matt Hansen. "It's all about building trust, re-engaging and ultimately converting customers who have started a loan application but might not otherwise finish it."

"Lenders serve borrowers best - and simultaneously enjoy the highest profitability - when they put a wide array of loan products, services and scenarios in front of every applicable customer," explained Mortgage Coach President Joe Puthur. "The Mortgage Coach Total Cost Analysis helps lenders make financing available to more borrowers while addressing key compliance concerns, reducing pricing exceptions and closing more deals - all with the personalized touch that is critical to brand consistency."

The new innovation, announced today, makes easy-to-understand loan comparisons available for every borrower. Together, Mortgage Coach and SimpleNexus help loan originators position themselves as trusted financial advisors in any client situation. For example, the dynamic TCA helps borrowers understand the impacts of renting versus owning, buying now versus waiting or adjusting the size of their down payment. The now fully integrated experience supports any mortgage scenario, resulting in faster borrower conversion, increased production and enhanced profitability.

About SimpleNexus, LLC:

SimpleNexus is the digital mortgage platform that enables lenders to originate and process loans from anywhere. The company's best-in-class, easy-to-use app connects loan officers to their borrowers and real estate agents to easily communicate and exchange data in a single location throughout the entire loan life cycle. Loan officers can manage their loan pipelines, order credit, run pricing and send pre-approvals - all on the go.

About Mortgage Coach:

The Mortgage Coach suite of enterprise online and mobile applications enhance the conversation between the borrower, mortgage professional, and Realtor, enabling a confident mortgage decision. Thousands of banks and lenders rely on Mortgage Coach to turn borrower education into a competitive advantage. With Mortgage Coach technology, financial and real estate professionals provide clearly illustrated mortgage options with detailed financials, charts, video narration, and live updates on any device, ensuring an informed home loan choice. Learn more about how to add the power of Mortgage Coach to your lending platform by visiting https://mortgagecoach.com or contacting sales@mortgagecoach.com.

SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, has expanded its integration with Mortgage Coach, making it easier than ever for loan originators to give borrowers the clear, accurate comparison of loan products and scenarios needed to make informed mortgage decisions.

Related link: https://simplenexus.com/

SimpleNexus Platform Enhancement Enables Lenders and Borrowers to Manage Multiple Borrower Loans Through SimpleNexus’ User-Friendly Interface

LEHI, Utah /ScoopCloud/ -- SimpleNexus (https://simplenexus.com/), developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced a platform enhancement that merges management of multiple loans with the same applicant into one user-friendly interface. The new "multi-loan" functionality improves the loan experience for loan originators (LOs) and borrowers, enabling both parties to start, submit and access multiple loan applications via web browser or mobile app experience.

SimpleNexus' multi-loan feature makes it easy for borrowers to navigate between multiple loans and applications, sign individual loan eConsent and disclosures forms, upload documents and complete tasks associated with each loan file. To further streamline the borrower experience, LOs can customize the borrower task list and requested documents for each loan; request eConsent, asset verification or credit authorization on a per-loan basis; and move or copy documents between different loans for the borrower.

Multi-loan streamlines loan management for LOs by automatically linking all loan applications associated with the same borrower. LOs will not need to remove old loans from the system, and additional user accounts and email addresses will not be required to manage multiple loan applications.

"SimpleNexus' multi-loan enhancement makes it easy to maneuver between and complete tasks associated with multiple borrower loans," said SimpleNexus VP of Product Shane Westra. "Whether a borrower is simultaneously purchasing multiple properties or a repeat customer is returning for a new purchase or a refi, multi-loan provides borrowers with the modern, intuitive experience they expect from the organizations that finance their homes."

More than fifty percent of SimpleNexus customers have opted-in for early access to multi-loan. An August 3, 2020, system update will turn on multi-loan for all SimpleNexus customers. Customers who wish to use the multi-loan feature sooner can contact their customer success manager.

About SimpleNexus, LLC:

SimpleNexus is the digital mortgage platform that enables lenders to originate and process loans from anywhere. The company's best-in-class, easy-to-use app connects loan officers to their borrowers and real estate agents to easily communicate and exchange data in a single location throughout the entire loan life cycle. Loan officers can manage their loan pipelines, order credit, run pricing, send pre-approvals and sign disclosures - all on the go.

Twitter: @SimpleNexus #digitalmortgage

SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced a platform enhancement that merges management of multiple loans with the same applicant into one user-friendly interface.

Related link: https://simplenexus.com/

Altavera Founder Brian Simons joins Maxwell executive team

DENVER, Colo. /ScoopCloud/ -- Digital mortgage leader Maxwell has announced Altavera Mortgage Services founder and former CEO Brian Simons has joined the company as president.

Simons comes to Maxwell with 23 years of experience in the mortgage industry, including capital markets, loan origination and default management. His deep understanding of the mortgage market further heightens Maxwell's capacity to build mortgage software that is tailored to meet the technology needs of its hundreds of small and midsize lender customers.

"We're thrilled to have Brian join the Maxwell team," said John Paasonen, co-founder and CEO of Maxwell. "Brian brings deep expertise in the mortgage industry and experience in organizational development acquired over an impressive career. He will be a huge asset as we enter our next phase of growth and extend our mission to empower lenders to make mortgages simpler and more accessible."

Prior to Maxwell, Brian was the CEO of Credit Risk Solutions at Computershare, which acquired Altavera Mortgage Services, a Denver-based company providing third-party origination, quality control and due diligence services to the mortgage community. Prior to Computershare, Simons founded and built Altavera to be a national service provider that catered to each client's unique outsourcing needs while fostering an environment of diversity and opportunity. Brian's career in the mortgage industry began on Wall Street with Credit Suisse and JPMorgan before becoming a founding executive of Urban Lending Solutions.

"I've spent the last ten years leading operational efficiency in mortgage originations, and it's become clear to me that technology is the key to that efficiency," said Brian Simons. "So many technology providers aim to eliminate humans, but there's nothing more personal than helping someone finance their American Dream. The Maxwell team shares my belief that the crucial benefit of mortgage technology lies in its ability to empower employees to deliver an unparalleled borrower experience. I'm excited to join Maxwell and pursue our common goal to elevate the human relationships at the heart of the mortgage transaction."

Recently named a winner of HW's Tech 100 for the fourth straight year, Maxwell's digital mortgage platform leverages proprietary algorithms built on its network of data across hundreds of thousands of loans to enable lenders to accelerate the mortgage lending process from application to underwriting. This allows lending teams to focus on the human relationship at the center of the mortgage journey. Today, hundreds of lenders across the United States use Maxwell's point-of-sale to originate $5 billion in mortgage loans each month at a cycle time 45 percent faster than the national average.

ABOUT MAXWELL

Maxwell empowers mortgage lenders to be more connected, productive and successful by intelligently automating their workflow with homebuyers and real estate agents. The platform is used by hundreds of mortgage lenders, community banks and credit unions nationwide to serve their homebuyers and real estate agent partners every day. Founded in 2015, Maxwell is a member of the Mortgage Bankers Association and a preferred partner of The Mortgage Collaborative. The company is proud to be built in Denver, Colorado.

Connect with Maxwell:
- https://himaxwell.com/
- https://www.facebook.com/maxwellHQ
- https://twitter.com/ilovemaxwell

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Digital mortgage leader Maxwell has announced Altavera Mortgage Services founder and former CEO Brian Simons has joined the company as president. Simons comes to Maxwell with 23 years of experience in the mortgage industry, including capital markets, loan origination and default management.

Related link: https://himaxwell.com/

SimpleNexus Appoints Decorated SaaS Sales Executive Cathleen Schreiner Gates to Board of Directors

LEHI, Utah /ScoopCloud/ -- SimpleNexus (https://simplenexus.com/), developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced the election of senior sales executive Cathleen Schreiner Gates to its board of directors.

Schreiner Gates has been driving accelerated growth at early stage and global software-as-a-service (SaaS) organizations for 35 years. From 2015 to 2019, she served as EVP of sales and marketing at cloud-based mortgage finance technology provider Ellie Mae (NYSE: ELLI). During her tenure, Ellie Mae spent six consecutive years on the Deloitte Technology Fast 500 and negotiated a $3.7-billion purchase by private-equity firm Thoma Bravo. Schreiner Gates is CEO of independent consulting firm Trifecta, which she founded in 2009.

"Cathleen's experience helping innovative companies establish leadership positions in their markets makes her an indispensable addition to SimpleNexus' board of directors," said SimpleNexus President and COO Ben Miller. "She brings with her a trove of invaluable operational insights that will play an important role in SimpleNexus' ability to deliver increased value to our partners."

"SimpleNexus has established itself as a forward-thinking digital mortgage firm whose innovations are catapulting technology advancements across the mortgage industry," said Schreiner Gates. "I look forward to helping the success of a company that is changing the future of lending."

Schreiner Gates' accomplishments in the mortgage industry have been recognized by HousingWire magazine, which honored her with its Vanguard and Women of Influence awards, and by Mortgage Professional America, which named her an Elite Woman in Mortgage. She has also been recognized by the Sales Lead Management Association as one of '20 Women Leaders in Business.' Schreiner Gates holds a master's degree in business administration with a concentration in finance and computer technology from Rutgers University.

About SimpleNexus, LLC:

SimpleNexus is the digital mortgage platform that enables lenders to originate and process loans from anywhere. The company's best-in-class, easy-to-use app connects loan officers to their borrowers and real estate agents to easily communicate and exchange data in a single location throughout the entire loan life cycle. Loan officers can manage their loan pipelines, order credit, run pricing, send pre-approvals and sign disclosures - all on the go.

*PHOTO link for media: https://www.Send2Press.com/300dpi/20-0414s2p-cs-gates-300dpi.jpg
*Photo caption: Cathleen Schreiner Gates.

Twitter: @SimpleNexus #digitalmortgage #peoplemovers #boardappointments

SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced the election of senior sales executive Cathleen Schreiner Gates to its board of directors.

Related link: https://simplenexus.com/

ReverseVision Names Mortgage Technology Veteran Joe Langner President

SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision, the leading provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, today announced the appointment of Joe Langner as president. Langner will lead the company to achieve its strategic vision of establishing HECM and private reverse mortgages as lending portfolio staples alongside traditional and government loans.

Langner has nearly 30 years' executive experience driving growth at marquis mortgage technology and software companies. A former executive vice president and chief sales officer at Ellie Mae, Langner executed the firm's initial public offering in 2011 and considerably grew its market share during his tenure. Most recently, Langner served as chief executive officer at Blue Sage, a cloud-based, digital lending platform for retail, wholesale and correspondent lenders.

His other notable positions include president at PCLender, a digital mortgage technology provider and Fiserv affiliate; executive vice president and general manager at Sage, the global market leader in operations management technology for small and medium businesses; and senior vice president at Dun and Bradstreet, a leading global provider of business decisioning data and analytics.

In October 2019, ReverseVision announced its transformation as an API-enabled, flexible reverse mortgage lending platform in conjunction with substantial product upgrades, including its transition to cloud computing architecture; the introduction of a loan import API enabling third party systems to prepopulate a reverse mortgage file within ReverseVision Exchange (RVX); and streamlined product selection menus.

"Joe's proven ability to satisfy industry and customer needs make him the right person to lead ReverseVision as it transforms reverse mortgage lending," said ReverseVision Chief Executive Officer John Button. "He is the best person in the industry to execute our strategic vision of bringing reverse mortgage lending into operational coexistence in the broader mortgage market using our cloud-based, API-enabled lending technology platform."

"Today, HECMs and private reverse mortgage programs are vastly underutilized despite market need because, until recently, there has not been an operationally pragmatic way for lenders to integrate reverse products alongside their forward offerings," said Langner. "I've joined ReverseVision because their innovative vision to integrate reverse products into the mortgage ecosystem is exactly what borrowers and lenders need."

About ReverseVision

ReverseVision, Inc. is the leading Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology platform, supporting more reverse mortgage transactions than all other systems combined. The company's comprehensive product suite flexes to lenders' unique business and operational models, connecting all lending participants across the entire reverse mortgage lifecycle to meet borrowers where they are in life. A six-time HousingWire TECH100™ company, ReverseVision continues to build on its technology's pioneering capabilities with frequent enhancements.

For more information, visit https://www.reversevision.com/.

Twitter: @reversevision #digitalmortgage #HECM

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ReverseVision, the leading provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, today announced the appointment of Joe Langner as president. Langner will lead the company to achieve its strategic vision of establishing HECM and private reverse mortgages as lending portfolio staples alongside traditional and government loans.

Related link: https://www.reversevision.com/

LendUS delivers on promise of smart advice, an easy process and super speed with SimpleNexus digital mortgage platform

LEHI, Utah /ScoopCloud/ -- SimpleNexus (https://simplenexus.com/), developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, announced that 90% of loan officers at LendUS now use SimpleNexus to collaborate on loan applications with borrowers and referral partners. LendUS is one of the nation's top 25 lenders, producing north of $5B annually in loan volume.

According to LendUS EVP of Client Services Erin Hamilton, SimpleNexus' ability to bring all loan parties together in one app was a major factor in its successful rollout across nearly 800 employees at 91 branches.

"It's confusing for borrowers to have to juggle multiple logins and visit multiple websites to apply for a loan, upload documents and sign disclosures," Hamilton said. "SimpleNexus corrals the whole process in a single system, helping us deliver on our promise of providing customers with smart advice, an easy process and super speed."

SimpleNexus' disclosure toolset enables borrowers and loan officers to securely review and eSign documents inside the SimpleNexus app, with no additional login and without disruption to the lender's existing disclosure desk processes.

The LendUS team has also benefited from SimpleNexus' ability to create opportunities for loan officers to forge and maintain partner relationships.

"Our loan advisors appreciate the additional communication that SimpleNexus provides to their Realtor partners," explained Hamilton, adding that SimpleNexus' speedy, mobile-driven application process and real-time status updates have helped LendUS become the lender of choice for real estate agents that previously worked with competitors.

"Loan milestone updates keep referral partners in the loop throughout the entire loan process, enabling the referral partner and loan originator to guide the borrower as a team," said SimpleNexus CEO Matt Hansen. "At the same time, the app is so easy-to-use and self-contained that borrowers can feel confident uploading documents and even signing disclosures with little or no handholding."

About SimpleNexus, LLC:

SimpleNexus is the digital mortgage platform that enables lenders to originate and process loans from anywhere. The company's best-in-class, easy-to-use app connects loan officers to their borrowers and real estate agents to easily communicate and exchange data in a single location throughout the entire loan life cycle. Loan officers can manage their loan pipelines, order credit, run pricing, send pre-approvals and sign disclosures - all on the go. Learn more: https://simplenexus.com/

About LendUS:

Based in Alamo, California, LendUS®, LLC is one of the country's top family-owned and operated private mortgage lenders. LendUS® is the culmination of the uniting of American Eagle Mortgage and RPM Mortgage, two well-established companies with like-minded industry veterans. This unification allows LendUS® to combine the ultra-attentive service of a small firm with the competitive rates and broad product selection of a nationwide lender.

With a focus on providing customers with smart advice and an easy process with super speed, LendUS® currently serves 41 states with an eye on growth. For more information, please visit https://www.lend.us, call 925-295-9300, follow @LendUSLLC on Facebook or follow @lend.us on Instagram.

Twitter: @SimpleNexus #digitalmortgage @LendUSLLC

SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, announced that 90% of loan officers at LendUS now use SimpleNexus to collaborate on loan applications with borrowers and referral partners. LendUS is one of the nation's top 25 lenders, producing north of $5B annually in loan volume.

Related link: https://simplenexus.com/

Silk Title Co. Focuses on Digital Mortgage Closing Experience, Triples Client Base, Achieves Single-Month Record in 2019

PROVIDENCE, R.I. /ScoopCloud/ -- Silk Title Co., the leading provider of digitally-driven mortgage closing services, announced it achieved record growth in 2019, enabling the firm to deliver on its "service at scale" promise to its institutional bank and independent mortgage lender clients nationwide.

Throughout the year, Silk Title Co. tripled its client base and maintained a zero percent client attrition rate, enabling it to achieve several successive record months. The firm experienced a 582% increase in revenue over 2018, requiring the addition of just 13 employees to its staff due to its strategic infrastructure investments.

"'Service at Scale' is a motto we take seriously, and to that end we have invested considerable resources in developing a business model that maximizes our people, processes and technology to deliver virtually flawless title, settlement and closing services significantly faster and cheaper than the competition," said Silk Title Co. President and CEO Marc Trachtenberg. "Our organization is fully committed to executing mortgage closings as digitally as possible, and our like-minded mortgage lending clients have reaped the benefits of this commitment through reduced costs, faster closing times and an overall better experience for their borrowers and real estate agent partners."

"Our industry assumes that technology is a panacea to the operational problems in loan manufacturing and closing. At Silk Title we've observed that injecting innovative technology into a fundamentally broken process is far from the cure-all everyone assumes," Trachtenberg explained. "That's why we crafted our proprietary process first and then built out our customized technology environment to support it. As a result, we've cultivated a tech-driven, process-oriented client base that recognizes the value of a centralized operating environment and is committed to collaborating with Silk to deliver a seamless closing experience to their borrowers."

About Silk Title Company

Silk Title Co. provides title insurance, search and settlement services across the nation to the top institutional banks and independent mortgage lenders. Additionally, the firm also provides services for foreclosure, default, REO, and traditional real estate transactions. Leveraging a proprietary blend of people, process and technology, Silk Title Co. is able to deliver digital mortgage closing services at scale, resulting in some of the fastest turn times in the industry while delighting homebuyers, real estate agents and lenders alike.

To learn more, visit https://silktitleco.com.

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*Photo Caption: Silk Title Co. President and CEO Marc Trachtenberg.

Silk Title Co., the leading provider of digitally-driven mortgage closing services, announced it achieved record growth in 2019, enabling the firm to deliver on its "service at scale" promise to its institutional bank and independent mortgage lender clients nationwide.

Related link: https://silktitleco.com

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(R) 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:

First, I commend the CFPB for their courage to engage in thoughtful discussion of alternative methods for assessing a borrower's ability to afford a loan and calculating what is affordable for them specifically.

DTI is an archaic evaluation that has outlived its usefulness for consumers, and particularly mortgage-seeking consumers. DTI has left tens of millions of consumers in the cold because they do not meet this threshold, when in fact, based on their actual cash flows, they could afford a loan and possibly even be a superior borrower to someone who does meet it.

With the advent of and 10 years' success using digital data to dependably deliver voluntary 'source truth' on users' personal solvency or money management lifestyle, we can calculate ability to pay definitively based on residual and discretionary income.

In other words, digital financial tools allow us to clearly identify what consumers can afford based on their money management habits better and more transparently than a rigid one-size-fits-all formula. That's why ability to pay is the best consumer borrowing risk indicator.

It is gratifying that the CFPB and the powers that dictate what makes a safe and solvent loan have begun acknowledging technology as a useful tool for creating more efficient, safer, more secure, more accessible models of lending.

Our board member and close industry advisor Faith Schwartz reminds me that the myriad policy considerations driving the CFPB's proposal are not limited to technology-driven advances. While I am not blind to other considerations, I see the world through the lens of how technology is driving positive change. I am fascinated by and ardent about the doorway we are finally stepping through as an industry that lives or dies, fails or thrives, based on its ability to lend responsibly to consumers.

About FormFree

FormFree(R) is a market-leading fintech company whose revolutionary products AccountChek(R) and Passport(tm) are changing the credit decisioning landscape and encouraging lenders nationwide to incorporate a more holistic view of each borrower's financial DNA. To date, thousands of U.S. lenders and brokers have ordered millions of FormFree's patented verification reports representing over a trillion dollars in loan verifications.

FormFree delights borrowers and lenders with a paperless experience, reduces origination timelines by up to 20 days and offers automated analysis and standardized delivery to lenders and investors using a secure ReIssueKey(tm). A HousingWire TECH100(tm) company for four consecutive years, FormFree is based in Athens, Georgia.

More information: https://www.formfree.com/ or follow FormFree on LinkedIn.

Twitter: @RealFormFree #digitalmortgage

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.

Related link: https://www.formfree.com/

SimpleNexus Invests in Client Success with the Addition of Five Senior Leadership Positions

LEHI, Utah /ScoopCloud/ -- SimpleNexus (https://simplenexus.com/), developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced it has filled roles in five senior leadership positions to support customer success and scale the company's internal and external growth.

"An organization's hires tell a story. SimpleNexus has created five new positions to reinvest in our customers and ensure we are exceeding their expectations," said SimpleNexus President and COO Ben Miller. "We are delighted to expand our senior leadership team with talented professionals who share our love for the customer."

The newly appointed executives are:

* Chuck Staib, Chief Sales Officer
Staib has 28 years' experience helping organizations accelerate growth, obtain investor capital and optimize business models as a consultant. In his role at SimpleNexus, Staib will mentor and guide the sales department in their positioning of the SimpleNexus platform. Prior to joining SimpleNexus, Staib advised international government agencies, Fortune 500 companies and marquis financial services firms including Goldman Sachs, the Pacific Stock Exchange and JPMorgan Chase. Staib is a founder of Park City Partners, a Utah-based business accelerator dedicated to helping businesses gain access to mentorship, markets and capital.

* John Aslanian, Senior Vice President of Sales
Aslanian has 22 years' of sales experience in the mortgage and software industries. A consummate sales professional, as senior VP of sales Aslanian will work closely with the enterprise sales and account management teams to effectively communicate SimpleNexus' value to prospects and achieve revenue goals. Previously, Aslanian held the position of VP of sales at Ellie Mae and Del Mar Data Trac.

* Anna Ratanawan, Vice President of People Operations
SimpleNexus has promoted Ratanawan from head of people operations to VP of people operations. Ratanawan brings a decade of human resources (HR) experience to her elevated role, where she will oversee talent acquisition, career development and company culture initiatives. Before joining SimpleNexus, Ratanawan held senior HR positions at Inc. 5000 company Jane.com and enterprise business management platform Workfront. Ratanawan holds an MBA in human resources management from Northcentral University and Bachelor of Science in accounting from Utah Valley University.

* Pam Faulkner, Director, Mortgage Solutions
Faulker brings a 35-year background as a business analyst and project manager for lenders and mortgage technology companies to her position as director, mortgage services. At SimpleNexus, Faulkner will bring to bear her wealth of experience and mortgage industry expertise in advising lenders on how they can maximize their implementation of SimpleNexus. Before joining SimpleNexus, Faulkner held roles at Ellie Mae, RCM Technologies and MortgageFlex Systems. Faulkner serves on the board of directors at Farm Credit of Western Arkansas.

* Sol Klein, Director of Implementation
A mortgage industry veteran fulfilling lender technology needs since 2002, Sol Klein is uniquely qualified to accommodate SimpleNexus client platform deployments in his position as director of implementation. Immediately before joining SimpleNexus, Klein held senior advisory consultant roles at Ellie Mae.

About SimpleNexus, LLC:

SimpleNexus is the digital mortgage platform that enables lenders to originate and process loans from anywhere. The company's best-in-class, easy-to-use app connects loan officers to their borrowers and real estate agents to easily communicate and exchange data in a single location throughout the entire loan life cycle. Loan officers can manage their loan pipelines, order credit, run pricing, send pre-approvals and sign disclosures - all on the go.

Twitter: @SimpleNexus #digitalmortgage

SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced it has filled roles in five senior leadership positions to support customer success and scale the company's internal and external growth.

Related link: https://simplenexus.com/

SimpleNexus Expands On-the-Go Credit Services with Integration of Instant Merge from CoreLogic

LEHI, Utah /ScoopCloud/ -- SimpleNexus (https://simplenexus.com/), developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced the integration of the CoreLogic(R) Instant Merge(R) credit solution into its mobile app and web-based digital mortgage platform. The integration gives loan originators instant, on-the-go access to loan applicants' credit reports and FICO(R) scores from all three national credit bureaus: Equifax(R), Experian(R) and TransUnion(R).

CoreLogic (NYSE: CLGX) introduced the world's first automated, three-bureau credit reporting solution in 1989 and has been a leader in credit reporting solutions for the mortgage industry for over 50 years. The three-bureau CoreLogic Instant Merge report, the most widely accepted credit reporting solution in the mortgage industry, combines full credit history from all three bureaus into a convenient report with a unified format.

With SimpleNexus, borrowers can complete a loan application, upload documents and view loan status - all from a mobile device. Loan officers receive an alert as soon as a borrower applies, and they can use their own mobile device to move loans forward - including ordering credit reports - even when they are out of the office.

"The modern loan originator should be able to qualify loan applicants from any device using the credit provider they know and trust," said Kevin Mullins, principal, channel partnerships at CoreLogic. "That's just what the integration of CoreLogic Instant Merge into SimpleNexus delivers. Now LOs have a cost-effective way to get a clear understanding of applicants' credit history anytime, anywhere."

About SimpleNexus, LLC:

SimpleNexus is the digital mortgage platform that enables lenders to originate and process loans from anywhere. The company's best-in-class, easy-to-use app connects loan officers to their borrowers and real estate agents to easily communicate and exchange data in a single location throughout the entire loan life cycle. Loan officers can manage their loan pipelines, order credit, run pricing, send pre-approvals and sign disclosures - all on the go.

About CoreLogic:

CoreLogic (NYSE: CLGX), the leading provider of property insights and solutions, promotes a healthy housing market and thriving communities. Through its enhanced property data solutions, services and technologies, CoreLogic enables real estate professionals, financial institutions, insurance carriers, government agencies and other housing market participants to help millions of people find, acquire and protect their homes. For more information, please visit https://www.corelogic.com/.

CORELOGIC and the CoreLogic logo are trademarks of CoreLogic, Inc. and/or its subsidiaries. All other trademarks are the property of their respective owners.

SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced the integration of the CoreLogic Instant Merge credit solution into its mobile app and web-based digital mortgage platform.

Related link: https://simplenexus.com/

Mid America Mortgage Completes In-House Conversion of Its Mortgage Servicing Operations

ADDISON, Texas /ScoopCloud/ -- Mid America Mortgage, Inc. (Mid America) announced today that it has completed the transition of its servicing operations to its newly-formed in-house servicing department. As of November 4, 2019, Mid America's national servicing portfolio, which currently comprises more than 35,000 loans from across the Mid America family of brands, will be managed by an internal staff of approximately 40 employees located in the firm's Addison, Texas headquarters.

"After working with our subservicer for the last nine years, we realized the time was right to bring our servicing operations in-house," said Mid America Owner and Chief Executive Officer Jeff Bode. "With this transition, our team will be able to provide even more personalized attention to Mid America's valued customers."

In keeping with its corporate goal of running a completely digital mortgage environment, Mid America has made considerable investments in technology to digitize its servicing division by eliminating paper and encouraging paperless billing and electronic payments.

"The benefits of a digital mortgage environment are undeniable, and having committed ourselves to being as digital as possible on the origination side of the house, we felt duty bound to do the same in our servicing operations," Bode added. "By lowering our operational costs and streamlining borrower communication, we are able to improve service levels while passing on the savings to borrowers in the form of lower rates and origination fees, which continue to pay dividends for borrowers over the life of their loan."

"This project has been nearly a year in the making and would not have been possible without the support of both our existing internal staff and the core group of partners we've chosen to power our servicing operations," said Mid America Chief Financial Officer Michael Kennemer. "We would like to take this opportunity to thank each one of the partners and team members that has helped us reach this point, but especially Sagent Lending Technologies, which provided a dedicated staff of 20 people and more than 350 hours of classroom training to assist in making this transition."

The vendors that Mid America has chosen to help automate and support its servicing operations include:
* Allied Solutions, LLC - Hazard, Flood and Wind Insurance Servicer
* Assero Services - Property Preservation
* Avtex - Phone System/Contact Center Platform
* CoreLogic - Property Tax Services
* CRFS - Claims Processing
* First American Title - Title and Modification Documents
* Fiserv - Document Storage and Retrieval
* ISGN - Bankruptcy and Foreclosure Tracking
* National Title Clearing - Lien Releases
* Newcourse Communications - Statements
* QIE Partners - Investor Accounting and Reporting
* Sagent Lending Technologies - Servicing System
* Texas Capital Bank - Payment Processing
* Ventanex - Lockbox
* WaterfallCalc - Loss Mitigation

About Mid America Mortgage, Inc.
Mid America Mortgage, Inc., Addison, Texas, is a multi-state, full-service mortgage lender serving consumers and mortgage originators through its retail, wholesale and correspondent channels. We offer a wide range of residential home loan programs to meet the needs of most home buyers and homeowners and are also the nation's leading provider of Section 184 home loans for Native Americans. Learn more at https://www.midamericamortgage.com/.

In operation since 1940, Mid America has thrived by retaining its entrepreneurial spirit and leading the market in innovation, including its adoption of eClosings and eNotes. Click n' Close is Mid America's ultra-secure, digital mortgage approval and closing process that gets home buyers from application to closing within two weeks. With just a few clicks at closing, Click n' Close puts keys in the home buyer's hand in 15 minutes or less. Apply online at https://clicknclose.com.

Named a 2018 "Top Mortgage Workplaces" winner by Mortgage Professional America and a 2018 "Top Mortgage Employer" by National Mortgage Professional, Mid America is looking for tech-savvy, service-oriented mortgage professionals to join our growing team. We are dedicated to providing our employees with industry-leading tools and technology to deliver a great package of competitive pricing, programs and knowledgeable service. Want to join our team? Visit https://www.midamericamortgage.com/careers/.

Mid America Mortgage, Inc. (Mid America) announced today that it has completed the transition of its servicing operations to its newly-formed in-house servicing department. As of November 4, 2019, Mid America's national servicing portfolio, will be managed by an internal staff of approximately 40 employees located in the firm's Addison, Texas headquarters.

Related link: https://www.midamericamortgage.com/

FormFree Teams Up with LexisNexis Risk Solutions to Revolutionize Digital Mortgage Loan Applications for Borrowers and Lenders

ATLANTA, Ga. /ScoopCloud/ -- FormFree(R) has teamed up with LexisNexis(R) Risk Solutions to help lenders intelligently pre-fill the Universal Residential Loan Application (Form 65/1003) for mortgage applicants. The combined solution, part of FormFree's Passport(TM) all-in-one verification app, significantly reduces the amount of information a consumer must manually input into a digital loan application, greatly simplifying the application process, minimizing input errors and improving the likelihood of completing the loan application.

How It Works

The LexisNexis Digital Mortgage Application Prefill solution works behind the scenes to verify the consumer's device, providing an initial layer of fraud defense before the transaction begins. Once the device is authenticated, consumers who opt to authenticate their identity and use the Passport electronic verification service can view, confirm and edit loan applications that have been prefilled with their personal information, including two year address history; assets and other real estate owned; employer information from Passport; monthly income; and combined housing expense information.

Value for Lenders

The combined solution allows lenders to provide a significantly improved online loan application experience. Benefits for lenders include:
* Improved mobile channel experience for consumers
* Minimized customer friction during the loan application process
* Seamless mitigation of fraud risk through fortified device and identity authentication
* Minimized operational costs through use of validated applicant data

"Passport gives customers an exceptionally streamlined way to apply for a loan, boosting efficiency and pull-through for lenders in a competitive market," said Brent Chandler, CEO of FormFree. "FormFree is advancing the industry's digital mortgage transformation to meet the evolving expectations of today's consumer. We're proud to offer our lender customers access to a capability that is so well aligned with our mission."

"Offering the LexisNexis Digital Mortgage Application Prefill solution to mortgage lenders through FormFree's Passport delivers a faster, mobile-ready and superior consumer experience while helping lenders showcase their differentiated digital mortgage capabilities," said Nick Larson, senior director for LexisNexis Risk Solutions. "Our combined service provides cleaner electronic data from trusted sources to lenders who in turn can offer consumers a quick and easy application experience. Seamlessly authenticating the consumer's device up front provides next-level consumer data privacy and identity fraud prevention."

Up-front device authentication is powered by LexisNexis(R) Digital Identity Network(R), a crowdsourced, cross-industry digital identity intelligence network comprised of some of the world's most trusted eCommerce, financial services and payments brands that enhances fraud and authentication decisioning while reducing friction for end users.

To request a demo of Passport by FormFree featuring LexisNexis Digital Mortgage Application Prefill, visit https://www.formfree.com/passport or stop by FormFree's booth #621 at the Mortgage Bankers Association's Annual Convention & Expo being held October 27-30 in Austin, Texas.

About FormFree(R)

FormFree(R) is a market-leading fintech company whose revolutionary products AccountChek(R) and Passport(TM) are changing the credit decisioning landscape and encouraging lenders nationwide to incorporate a more holistic view of each borrower's financial DNA. To date, thousands of U.S. lenders and brokers have ordered millions of FormFree's patented verification reports representing over a trillion dollars in loan verifications. FormFree delights borrowers and lenders with a paperless experience, reduces origination timelines by up to 20 days and offers automated analysis and standardized delivery to lenders and investors using a secure ReIssueKey(TM). A HousingWire TECH100(TM) company for four consecutive years, FormFree is based in Athens, Georgia.

For more information, visit https://www.formfree.com/or follow FormFree on LinkedIn (https://www.linkedin.com/company/formfree-holdings-corporation/).

About LexisNexis Risk Solutions

LexisNexis(R) Risk Solutions harnesses the power of data and advanced analytics to provide insights that help businesses and governmental entities reduce risk and improve decisions to benefit people around the globe. We provide data and technology solutions for a wide range of industries including insurance, financial services, healthcare and government. Headquartered in metro Atlanta, Georgia, we have offices throughout the world and are part of RELX (LSE: REL/NYSE: RELX), a global provider of information-based and analytics and decision tools for professional and business customers across industries. For more information, please visit https://www.risk.lexisnexis.com/ and https://www.relx.com/.

Twitter: @RealFormFree @LexisNexisRisk #URLA #Form1003 #digitalmortgage

*LOGO link for Media: https://www.Send2Press.com/300dpi/17-0926s2p-formfree-300dpi.jpg

FormFree has teamed up with LexisNexis Risk Solutions to help lenders intelligently pre-fill the Universal Residential Loan Application (Form 65/1003) for mortgage applicants. The combined solution significantly reduces the amount of information a consumer must manually input.

Related link: https://www.formfree.com/

Industry Veteran Chris Olsen Joins OpenClose as Vice President of Sales Engineering

WEST PALM BEACH, Fla. /ScoopCloud/ -- OpenClose(R), an industry-leading multi-channel loan origination system (LOS) and digital mortgage fintech provider, announced that it added technology veteran Chris Olsen to help further expand its sales department. Chris holds the newly created position of vice president of sales engineering and will provide software support for OpenClose sales executives catering to mortgage bankers, credit unions, community banks and other real estate entities. He holds a through-and-through background in mortgage technology with a deep understanding of individualized lender needs.

"Chris brings a unique blend of enterprise-level solution-based experience, sales engineering methods supporting large lenders, development knowledge, project execution and management expertise from start-ups to Fortune 500 Companies," stated Vince Furey, chief revenue officer at OpenClose. "He will serve as a valuable resource for our organization as our rapid growth continues."

Chris comes to OpenClose from Ellie Mae, where he was a senior technical sales engineer managing enterprise LOS pre and post sales engagements for their core as well as add-on services. At Ellie Mae, he led multiple cross-organization training initiatives for new product introductions and positioning, provided consultative custom development insight and assisted with the successful onboarding of new lender customers.

Prior to joining Ellie Mae, Chris was a project manager and AVP at JP Morgan Chase, interfacing with senior management to prioritize projects, determine business requirements, and serve as the primary vendor point of contact throughout new projects. He also hired, built and spearheaded a team of developers and technical analysts to drive enterprise-wide implementation of high-profile business workflows.

Previous to that, he was a senior software developer and partner at ClosersEdge, an independent software provider for the real estate title and settlement services industry. While there, he assembled and led a team of developers to build and consume high-quality, commercial web-based services and multi-tier online applications including REST and SOAP protocols. ClosersEdge was successfully acquired by TSS Software Corporation, a nationwide company with approximately 18,000 users.

"I look forward to working with lenders and taking OpenClose's pre and post sales engineering to the next level," said Olsen. "The completely browser-based comprehensive mortgage software suite that OpenClose has developed and continues to expand on is in high demand by a variety of different lending entities of all types and sizes. OpenClose is an innovative and nimble software firm that has major advantages over the competition. I will enjoy showcasing their immense strengths, disruptive software model and far-reaching lender benefits."

At OpenClose, Chris will play a key role in further advancing the company's digital mortgage point-of-sale (POS) solution, ConsumerAssist(TM) Digital POS, which operates seamlessly with OpenClose's LenderAssist(TM) LOS, DecisionAssist(TM) product and pricing engine (PPE), and IntegrationAssist(TM) RESTful API ecosystem. The single-source solution is one of the first of its kind in the mortgage industry, increasing demand among lending entities of all types looking to streamline their POS and LOS experience and workflow.

About OpenClose:

Founded in 1999 and headquartered in West Palm Beach, Florida, OpenClose(R) is a leading enterprise-class, multi-channel loan origination system (LOS), POS digital mortgage and fintech provider that cost effectively delivers its digital platform on a software-as-a-service (SaaS) basis. The company provides a variety of innovative, 100 percent web-based solutions for lenders, banks, credit unions, and conduit aggregators. OpenClose's core solution, LenderAssist(TM), is comprehensive loan origination software that is completely engineered by OpenClose using the same code base from the ground up.

The company offers a RESTful API suite that standardizes system-to-system integrations, making them easier to develop, quicker to implement and more cost effective. OpenClose provides lending organizations with full control of their data and creates a truly seamless workflow for complete automation and compliance adherence. For more information, visit https://www.openclose.com/ or call (561) 655-6418.

Social Media: @OpenCloseSocial #MultiChannelLOS #POSDigitalMortgage #DigitalMortgageEcosystem #LoanOriginationSoftware

Media Contact:
Joe Bowerbank
Profundity Communications, Inc.
949-378-9685
jbowerbank@profunditymarketing.com

*PHOTO link for media: https://www.Send2Press.com/300dpi/19-1023s2p-chris-olsen-openclose-300dpi.jpg

OpenClose, an industry-leading multi-channel loan origination system (LOS) and digital mortgage fintech provider, announced that it added technology veteran Chris Olsen to help further expand its sales department. Chris holds the newly created position of vice president of sales engineering.

Related link: https://www.openclose.com/

FormFree Welcomes Christy Moss, CMB as Director of Partner Relationships

ATHENS, Ga. /ScoopCloud/ -- FormFree(R) today announced it has appointed former Fannie Mae Strategic Business and Relationship Manager Christy Moss, CMB as director of partner relationships. In her role at FormFree, the 30-year mortgage industry veteran will strengthen and grow industry partnerships and cultivate internal talent as leader of the company's strategic sales team.

"A landmark hire for our organization, Christy is well-positioned to help FormFree grow and impact real change on the mortgage industry," said FormFree Founder and CEO Brent Chandler. "A consummate professional, she is adept at developing strategic organizations, brilliant at creating the face of a company and highly invested in cultivating the next generation of mortgage professionals through mentorship. We are thrilled to welcome Christy to the team."

Prior to joining FormFree, Moss held an 11-year tenure at Fannie Mae, where she played a critical role spearheading relationships with lenders and partners to advance business initiatives mutually beneficial to stakeholders across the mortgage lending ecosystem. In recent years, her role as Fannie Mae strategic business relationship manager led Moss to focus on driving lender and partner adoption of technology that improves borrower experience and profitability.

Having held advanced positions in the correspondent lending divisions of such organizations as CitiMortgage, Wachovia and GE Capital Mortgage Services, Moss possesses an in-depth understanding of both the primary and secondary mortgage markets. Additionally, Moss is a designated Certified Mortgage Banker (CMB).

"The passion I have poured into helping drive the digital transformation for consumers, lenders and investors, and how I envision the future of our industry aligns perfectly with FormFree's mission and vision," said Moss. "I look forward to helping change what is most consumers' largest financial transaction into an easy, stress-free digital experience. Together with FormFree, I will help the industry we all love navigate its digital transition to improve the mortgage process for everyone."

"This is a great day for FormFree and our industry as we move forward in modernizing lending," said Faith Schwartz, board member at FormFree. "Christy knows lending and has been a driver of the great transformation happening in our industry. Her immense passion for advancing the mortgage industry paired with her extensive experience as an ambassador of digital mortgage processes make her an excellent fit at FormFree."

About FormFree

FormFree(R) is a market-leading fintech company whose revolutionary products AccountChek(R) and Passport(TM) are changing the credit decisioning landscape and encouraging lenders nationwide to incorporate a more holistic view of each borrower's financial DNA. To date, thousands of U.S. lenders and brokers have ordered millions of FormFree's patented verification reports representing over a trillion dollars in loan verifications.

FormFree delights borrowers and lenders with a paperless experience, reduces origination timelines by up to 20 days and offers automated analysis and standardized delivery to lenders and investors using a secure ReIssueKey(TM). A HousingWire TECH100(TM) company for four consecutive years, FormFree is based in Athens, Georgia.

For more information, visit https://www.formfree.com/or follow FormFree on LinkedIn.

*PHOTO link for media: https://www.Send2Press.com/300dpi/19-1017s2p-Christy Moss-300dpi.jpg

Twitter: @RealFormFree #digitalmortgage

FormFree today announced it has appointed former Fannie Mae Strategic Business and Relationship Manager Christy Moss, CMB as director of partner relationships. In her role at FormFree, the 30-year mortgage industry veteran will strengthen and grow industry partnerships and cultivate internal talent as leader of the company's strategic sales team.

Related link: https://www.formfree.com/

SimpleNexus Recognized as Fastest Growing Utah Company by Utah Business Fast 50 and Utah Valley UV50 Lists

LEHI, Utah /ScoopCloud/ -- SimpleNexus (https://simplenexus.com/), developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced it has been ranked among the fastest-growing companies in the state by both Utah Business and Utah Valley BusinessQ magazines. SimpleNexus was named a top Emerging Company on Utah Business Magazine's Fast 50 list and was honored by Utah BusinessQ as a UV50 winner.

Both the Utah Fast 50 and UV50 programs recognize Utah-based organizations that have achieved meteoric revenue growth. Founded in 2014 by CEO Matt Hansen, SimpleNexus has quickly established itself as a mortgage technology frontrunner. In August, the firm announced its top 500 ranking in the Inc. 5000 list of America's fastest-growing private companies for the second year in a row.

"Mortgage lenders are enthusiastically adopting SimpleNexus' digital mortgage platform because we have built the framework for a flexible lending experience that conforms to the needs of loan originators, realtors and borrowers, versus the other way around," said Hansen. "We look forward to continuing to improve mortgage lending for all stakeholders in the process."

To date, SimpleNexus has connected its 21,000 active loan originators with 1.3 million borrowers and 89,000 realtor partners to produce more than seven million loans totaling over $200 billion in volume. Last year the company added 60 clients to its roster, bringing the total number of enterprise lenders SimpleNexus empowers to "do more" to 259, including 15 of the top 25 retail lenders in the United States.

The full list of both the Utah Fast 50 honorees and UV50 honorees can be viewed at https://www.utahbusiness.com/fast-50-honorees-2/ and https://utahvalley360.com/2019/09/25/2019-uv50-30-fastest-growing-companies/

About SimpleNexus, LLC:

SimpleNexus is the digital mortgage platform that enables lenders to originate and process loans from anywhere. The company's best-in-class, easy-to-use app connects loan officers to their borrowers and real estate agents to easily communicate and exchange data in a single location throughout the entire loan life cycle. Loan officers can manage their loan pipelines, order credit, run pricing, send pre-approvals and sign disclosures - all on the go.

Twitter: @SimpleNexus #digitalmortgage @UtahBusiness #UtahFast50

SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced it has been ranked among the fastest-growing companies in the state by both Utah Business and Utah Valley BusinessQ magazines. SimpleNexus was named a top Emerging Company on Utah Business Magazine's Fast 50 list and was honored by Utah BusinessQ as a UV50 winner.

Related link: https://simplenexus.com/

Capsilon Wins #NEXTSUMMER19’s Best in Show Award

EDMOND, Okla. /ScoopCloud/ -- NEXT Mortgage Events LLC, creator of events for women mortgage executives, has announced that Capsilon, a provider of mortgage automation software, has been voted Best in Show for its presentation of Capsilon Digital Underwriter at the technology showcase at #NEXTSUMMER19, the women's executive mortgage summit that took place on Aug. 18-19, 2019.

The Best in Show award is granted to the technology provider that presented the most compelling solution during the technology showcase at #NEXTSUMMER19, as determined by attendee and industry-wide vote. Five technology providers participated in the #NEXTSUMMER19 technology showcase, which was hosted by seasoned technology buyer Suzy Lindblom, chief operating officer of Planet Home Lending.

Capsilon Digital Underwriter is the industry's first comprehensive suite of fully integrated cloud-based digital mortgage applications focused on automating the underwriting process. Capsilon executives Ginger Wilcox, SVP of marketing, and Eric Kujala, director, industry relations and partnerships, presented Capsilon Digital Underwriter in the technology showcase.

"More than half of our attendees are mortgage tech buyers and many attend NEXT to discover new technology," said Jeri Yoshida, co-founder of NEXT. "Capsilon generated a lot of buzz at NEXTSUMMER19. Several speakers even mentioned the technology during their sessions. We congratulate Capsilon and applaud all of the presenters in the tech showcase."

Nearly 200 women executives attended #NEXTSUMMER19 at The Gwen Hotel in Chicago.

All of the #NEXTSUMMER19 technology showcase presentations are available for viewing at https://nextmortgagenews.com/news/nextsummer19-tech-showcase-videos/.

Companies interested in participating in an upcoming NEXT technology showcase may apply to demo at https://nextmortgagenews.com/news/apply-to-demo/.

About NEXT Mortgage Events LLC

In January 2018, NEXT Mortgage Events broke the mortgage industry's unspoken barriers that limit women's access to competitive intel and networking-based information exchange, when it introduced NEXT, the executive mortgage summit for women. NEXT is a two-day, tech-focused symposium based on lenders sharing competitive intel with other lending executives. A boutique gathering, each NEXT event is limited to 165 attendees, and targets a select group of decision making executives. Approximately 85-90% of lender attendees hold a title of VP or higher and roughly 85% of attendees are women. NEXT is held twice a year, in winter and summer.

For more information visit http://www.nextmortgageconference.om/, follow @NEXTmtgEvents or email info@NEXTmortgageEvents.com.

NEXT Mortgage Events LLC, creator of events for women mortgage executives, has announced that Capsilon, a provider of mortgage automation software, has been voted Best in Show for its presentation of Capsilon Digital Underwriter at the technology showcase at #NEXTSUMMER19, the women's executive mortgage summit that took place on Aug. 18-19, 2019.

Related link: https://www.nextmortgageconference.com/

Digital Mortgage Platform Maxwell Announces Strategic Partnership and Bi-directional Integration with Integra’s EPIC Loan Origination System

DENVER, Colo. /ScoopCloud/ -- Digital mortgage platform provider Maxwell announced their strategic partnership with Integra to offer seamless, bi-directional integration with Integra's EPIC Loan Origination System.

Maxwell is announced as the preferred partner for Integra, and this blossoming partnership is tightly focused on providing an innovative Digital Mortgage Platform-LOS integration with features not previously seen in any other integration in the industry.

"As we collaborated with Maxwell to build this integration, we were committed to creating an integration that surpassed others of its kind in both quality and functionality," said Mike Picker, VP of Sales at Integra. "Our partnership with Maxwell is a game-changer for the countless lenders who use Integra every day to make their borrowers' dreams of homeownership a reality."

The bi-directional integration between Maxwell and Integra enables lenders to send loan applications, synchronize borrower documents and trigger status notifications to borrowers and real estate agents without ever leaving Maxwell.

"We saw a prescient need in the industry for an intuitive, bi-directional POS integration with Integra's LOS and we're thrilled to partner with them to bring this vital integration to market," said Lindsay Hunt, Head of Product at Maxwell. "We've worked tirelessly to build a strong partnership so we can provide something efficient and beautiful to fill that void and empower lenders that rely on Integra to streamline their process and focus on the relationships at the core of the mortgage experience."

Recently named a winner of HW's Tech 100 for the third straight year, on the heels of receiving Progress in Lending's Innovation Award, Maxwell leverages proprietary algorithms built on its network of data providers across loans to enable lenders to accelerate the mortgage lending process from application to underwriting. This allows loan officers to focus on the human relationship at the center of the mortgage journey. Today, hundreds of lenders across the United States use Maxwell to originate nearly $2 billion in mortgage loans each month at a closing rate 45 percent faster than the national average.

About Maxwell:
Maxwell empowers mortgage lenders to be more connected, productive and successful by intelligently automating their workflow with homebuyers and real estate agents. The platform is used by hundreds of mortgage lenders, banks and credit unions nationwide to serve their customers. Founded in 2015, Maxwell is a member of the Mortgage Bankers Association and is proud to be built in Denver, Colorado.

Connect with Maxwell:
- https://himaxwell.com/
- https://www.facebook.com/maxwellHQ
- https://twitter.com/ilovemaxwell

About Integra:
Established in 1996 and headquartered in Franklin, Tennessee, INTEGRA Software offers a powerful, web-based loan origination solution, EPIC, to address challenges within Mortgage Lending for retail, wholesale and correspondent lenders. EPIC spans point-of-sale to post-closing and secondary market for lenders interested in efficiencies gained by automating every step of the mortgage loan workflow. For more information about INTEGRA Software Contact: (877) 253-7779, sales@integra-online.com or by visiting https://integraloantech.com/.

Digital mortgage platform provider Maxwell announced their strategic partnership with Integra to offer seamless, bi-directional integration with Integra's EPIC Loan Origination System.

Related link: https://himaxwell.com/

New MCTlive! Mobile App Puts Secondary Marketing at Lenders’ Fingertips

SAN DIEGO, Calif. /ScoopCloud/ -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, debuted a new MCTlive! mobile application at its MCT Exchange client conference last Friday. The app enables secondary marketing managers to review reporting, manage loan pipelines, and conduct whole loan trading from the convenience of their mobile phone.

The mobile application provides a new access point to MCT's cloud-based capital markets software platform, MCTlive!, and is now available in the Apple App Store.

The MCTlive! mobile app allows users the flexibility to manage essential secondary marketing activities on-the-go. Users can check pipeline coverage, send bid tapes for pricing, conduct best execution analysis, commit loans to investors or agencies, review reporting, and much more.

"Where some providers claim to put secondary marketing in the hands of their customers, MCT literally puts it in their hand," said Phil Rasori, COO of MCT. "The MCTlive! mobile app is the first in a series of new innovations allowing users to do their jobs on-the-go. In an industry marked by consistent change, you need technology that allows you to change with it. That's why we've launched a native iPhone app: because market changes don't wait for you to get to the office."

The new mobile app received a warm welcome at MCT Exchange, where over three hundred lenders and partners reacted to its video debut with applause and a buzz of anticipation.

"I'm excited about managing secondary marketing with the MCTlive! mobile app," shared Andrew Stringer, Director of Capital Markets at First Bank. "As a busy professional and a new dad, the ability to react quickly to market changes whether I'm at a branch, a conference, or a coffee shop is a huge game changer."

The mobile app is the latest in a series of innovations designed to improve the efficiency and profitability of secondary marketing for lenders. Other recent innovations include Trade Auction Manager (TAM) and Bid Auction Manager (BAM), which were designed to automate TBA trading and whole loan trading, respectively.

Those interested in learning more about the MCTlive! mobile application features, benefits, or how to begin using the application, are encouraged to contact MCT for more information.

About MCT:

Founded in 2001, Mortgage Capital Trading, Inc. (MCT) has grown from a boutique mortgage pipeline hedging firm into the industry's leading provider of fully-integrated capital markets services and technology. MCT offers an array of best-in-class services and software covering mortgage pipeline hedging, best execution loan sales, outsourced lock desk solutions, MSR portfolio valuations, business intelligence analytics, mark to market services, and an award-winning comprehensive capital markets software platform called MCTlive! MCT supports independent mortgage bankers, depositories, credit unions, warehouse lenders, and correspondent investors of all sizes. Headquartered in San Diego, MCT also has California offices in Healdsburg and Los Angeles, as well as sites in Dallas and Philadelphia. MCT is well known for its team of capital markets experts and senior traders who continue to provide the boutique-style, hands-on engagement clients value.

For more information, visit https://mct-trading.com/ or call (619) 543-5111.

Twitter: @mcttrading

Hashtags: #MortgageHedgeAdvisory #SecondaryMarketingSoftware #MCTlive! #MCTlive!Mobile

Media Contact:
Joe Bowerbank
Profundity Communications, Inc.
949-378-9685
jbowerbank@profunditymarketing.com

Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, debuted a new MCTlive! mobile application at its MCT Exchange client conference last Friday. The app enables secondary marketing managers to review reporting, manage loan pipelines, and conduct whole loan trading from the convenience of their mobile phone.

Related link: https://mct-trading.com/

FormFree’s Brent Chandler to Discuss the Transformative Impact of APIs on Mortgage Lending Technology as Digital Mortgage Conference Panelist

ATHENS, Ga. /ScoopCloud/ -- FormFree(R) today announced that company Founder and CEO Brent Chandler will be a featured panelist at Source Media's fourth annual Digital Mortgage Conference, which will take place September 23-24, 2019, at the Wynn Las Vegas.

Chandler will participate in the panel "Mortgage APIs 2.0: Where Will True API Innovation Come From?" on Monday, September 23, from 4:20-4:55 p.m. During the session, Craig Focardi, senior analyst, banking at Celent will moderate co-panelists Christos Bettios, chief information officer at NFM Lending and Chandler as they discuss the current table stakes of API usage and how the increased utilization of APIs will change mortgage lending automation.

"Future digital mortgage technology will support the unimpinged flow of data between multiple systems, allowing lenders to better customize and control the lending experience for borrowers," said Chandler. "I believe that increased adoption of APIs will radically transform our ability to execute on expedient, secure and well-informed mortgage decisioning."

Additionally, FormFree will provide attendees the opportunity to speak with company representatives about its Passport(R) all-in-one verification service at exhibitor kiosk 201 and schedule individual consultations in meeting pod 603.

Source Media's fourth annual Digital Mortgage Conference will feature content from thought leaders in the mortgage industry, 35 live product demonstrations showcasing today's most innovative digital solutions and countless opportunities to meet decision makers across the mortgage ecosystem. Source Media anticipates attendance to exceed 1,700 professionals from the lending, fintech and startup communities.

About FormFree:

FormFree(R) is a market-leading fintech company whose revolutionary products AccountChek(R) and Passport(tm) are changing the credit decisioning landscape and encouraging lenders nationwide to incorporate a more holistic view of each borrower's financial DNA. To date, thousands of U.S. lenders and brokers have ordered millions of FormFree's patented verification reports representing over a trillion dollars in loan verifications. FormFree delights borrowers and lenders with a paperless experience, reduces origination timelines by up to 20 days and offers automated analysis and standardized delivery to lenders and investors using a secure ReIssueKey(tm). A HousingWire TECH100(tm) company for four consecutive years, FormFree is based in Athens, Georgia.

For more information, visit https://www.formfree.com/or follow FormFree on LinkedIn.

Twitter: @RealFormFree @NatMortgageNews #DigitalMortgage19 #digitalmortgage

FormFree today announced that company Founder and CEO Brent Chandler will be a featured panelist at Source Media's fourth annual Digital Mortgage Conference, which will take place September 23-24, 2019, at the Wynn Las Vegas.

Related link: https://www.formfree.com/

ReverseVision’s Jeff Birdsell Named 2019 HousingWire Insiders Award Recipient

SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, announced that Jeff Birdsell, vice president of professional services has been named a recipient of the 2019 HousingWire (HW) Insiders Award. Now in its fourth year, the Insiders Award program recognizes "operational all-stars" within the housing industry who have been vital to their employer's success.

Birdsell was honored for utilizing his strong coding skillset, problem-solving capabilities and in-depth industry knowledge to position reverse mortgages into technological and operational coexistence with the world of traditional mortgage lending. To that end, Jeff's development oversight has been critical to the successful completion of recent landmark product advancements, including ReverseVision's expanded support for proprietary reverse mortgage products, the development and launch of the Comparison Calculator tool within RV Sales Accelerator (RVSA), the creation of advanced API plug-ins and the overhaul RV Administrator (RVA).

"For the last six years, Jeff has worked with ReverseVision to refine its product offerings and deliver superior professional services to clients," said John Button, president and CEO of ReverseVision. "His commitment to client service and advancing the HECM and reverse industry is unparalleled. We commend him for this honor."

"I'm very passionate about cultivating technology and business practices that strengthen our industry and quality of life for seniors," said Birdsell. "To receive recognition for my accomplishments is very rewarding and would not be possible without the efforts of my top-notch team at ReverseVision."

"Our Insiders grow more difficult to choose each year as their talent and impacts on the mortgage and real estate industry continue to blow us away," said HousingWire Associate Editor Kelsey Ramírez. "This year's winners are truly the secret weapons of their industry and continue to push their companies to greatness and move markets forward."

Now in its fourth year, the HW Insiders Award program recognizes housing industry professionals essential to the performance of their companies within the housing space. The full list of honorees can be viewed in the September edition of HW magazine and online at https://www.housingwire.com/articles/49941-here-are-housingwires-2019-insiders.

About ReverseVision

ReverseVision, Inc. is the leading provider of technology and training for Home Equity Conversion Mortgage (HECM) origination. With many thousands of active users, ReverseVision technology is used by 10 of the top-ten reverse mortgage lenders and supports more HECM transactions than all other systems combined. The company's comprehensive product suite also includes HECM sales and education tools and a dedicated professional services team. ReverseVision partners with some of the finest and fastest-growing banks, credit unions and lending organizations in the United States to provide its HECM technology to brokers, correspondents, lenders and investors.

A four-time HousingWire TECH100(TM) company, ReverseVision has also been recognized in Deloitte's Technology Fast 500(TM) listing. ReverseVision's annual user conference, the only event of its kind in the industry, brings together more than 200 lenders, vendors and educators each year to advance HECM lending. The company continues to build on its technology's pioneering capabilities with frequent enhancements aimed at boosting users' HECM volume, workflow efficiency and data analysis capabilities.

For more information, visit https://www.reversevision.com.

About HousingWire

HousingWire is the nation's most influential source of news and information for U.S. mortgage markets, boasting a readership that spans lending, servicing, investments and real estate market participants as well as financial market professionals.

Winner of numerous awards, including a 2012 Eddie Award for national editorial excellence in the B-to-B Banking/Business/Finance, HousingWire has been recognized for excellence in journalism by the Society of Business Editors and Writers, the American Society of Business Press Editors, the National Association of Real Estate Editors, and Trade Association Business Publications International.

Twitter: @ReverseVision @HousingWire #2019HWInsiders #digitalmortgage #HECM

ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, announced that Jeff Birdsell, vice president of professional services has been named a recipient of the 2019 HousingWire (HW) Insiders Award. Now in its fourth year, the Insiders Award program recognizes "operational all-stars" within the housing industry who have been vital to their employer's success.

Related link: https://www.reversevision.com/

LBA Ware Director of Marketing Kelley Mangel Recognized as a 2019 HousingWire Insider

MACON, Ga. /ScoopCloud/ -- LBA Ware(TM), provider of the leading automated compensation and sales performance management platform for mortgage lenders, today announced that Director of Marketing Kelley Mangel has been named a recipient of the 2019 HousingWire HW Insiders Award. This marks the fourth year that HousingWire's Insiders Award program has recognized the "unsung heroes propelling their companies to success."

As LBA Ware's chief communicator, Mangel has been essential to the company's evolution from a little-known Georgia startup to a high-visibility industry influencer and market success. Hired as LBA Ware's sixth team member and first "non-technical" employee, Mangel developed the LBA Ware brand from scratch and executed the company's first marketing plan. Today, Mangel oversees all of LBA Ware's branding and corporate identity initiatives in addition to assuming the role of lead product designer for the firm's highly-anticipated product, LimeGear, which will debut at Source Media's Digital Mortgage conference in September.

"Kelley has made essential contributions to the growth and success of LBA Ware," said company Founder and CEO Lori Brewer. "She is both a strong leader and a standout team player, and her keen marketing sensibility has helped shape the LBA Ware brand and user experience. Her attitude and drive to succeed has permeated our entire culture."

"Our Insiders grow more difficult to choose each year as their talent and impact on the mortgage and real estate industry continue to blow us away," said HousingWire Associate Editor Kelsey Ramírez. "This year's winners are truly the secret weapons of their industry. They continue to push their companies to greatness and move markets forward."

This year's annual HW Insiders Award program recognized 50 professionals working in various sectors of the housing economy, including mortgage lending, servicing, investing and real estate. Winners were peer-nominated and selected by HousingWire's editorial board based on candidates' accomplishments in the last 12 months.

The full list of HW Insiders Award winners can be viewed in the September edition of HousingWire magazine or online at https://www.housingwire.com/articles/49941-here-are-housingwires-2019-insiders.

About LBA Ware

Founded in 2008, LBA Ware's mission is to inspire opportunity by delivering solutions that are essential to the way mortgage companies operate. We are a trusted partner and play a key role in our clients' success by enabling them to motivate, incentivize and better leverage the human potential within their organizations. Our applications automate traditionally manual business processes for which an existing software solution does not exist, empowering lenders to create an integrated software environment that maximizes their productivity and operational efficiency. For more information about LBA Ware and our software solutions, visit https://lbaware.com.

Twitter: @LBAWare @HousingWire #digitalmortgage #2019HWInsiders

LBA Ware(TM), provider of the leading automated compensation and sales performance management platform for mortgage lenders, today announced that Director of Marketing Kelley Mangel has been named a recipient of the 2019 HousingWire HW Insiders Award. This marks the fourth year that HousingWire's Insiders Award program has recognized the "unsung heroes propelling their companies to success."

Related link: https://lbaware.com/

More than Half of Mortgage Loan Applicants Now Opting to Apply Using Their Mobile Device

LEHI, Utah /ScoopCloud/ -- SimpleNexus (https://simplenexus.com/), developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today released data indicating that, given the choice, a majority of borrowers now prefer a mobile-driven mortgage loan application process. Mobile applications accounted for more than 50% of the 37,157 mortgage applications submitted through the SimpleNexus platform in the month of May.

Because SimpleNexus' mobile-native point-of-sale (POS) technology is used by more borrowers and loan originators than any other platform of its kind, its users' behaviors can indicate changing origination trends, such as borrowers' rising preference to complete mortgage applications from their mobile devices.

This finding comes as the firm is clocking record loan application submissions and growing at an unprecedented rate. To date, the SimpleNexus platform has connected its 20,000 active loan originators with 1.1 million borrowers and 65,000 realtor partners to produce nearly five million loans totaling over $100 billion in volume.

"Our triple-digit growth and enthusiastic adoption by loan originators, real estate agents and loan applicants shows how SimpleNexus is delivering on a market need for a mobile origination toolset that gets more loans to the finish line, faster," said SimpleNexus Founder and CEO Matt Hansen. "We are proud to be setting the bar for what a digital mortgage platform should be."

For two years running, SimpleNexus has ranked in the top 500 on the Inc. 5000 list of America's fastest-growing private companies. In 2018 the company added 60 clients to its roster, bringing the total number of enterprise lenders SimpleNexus empowers to "do more" to 223, including 15 of the top 25 retail lenders in the United States.

For more information, visit https://simplenexus.com/domore.

About SimpleNexus, LLC:

SimpleNexus is the digital mortgage platform that enables lenders to originate and process loans from anywhere. The company's best-in-class, easy-to-use app connects loan officers to their borrowers and real estate agents to easily communicate and exchange data in a single location throughout the entire loan life cycle. Loan officers can manage their loan pipelines, order credit, run pricing, send pre-approvals and sign disclosures - all on the go.

Twitter: @SimpleNexus #digitalmortgage #mobileorigination #mortgagetrends #borrowertrends

SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today released data indicating that, given the choice, a majority of borrowers now prefer a mobile-driven mortgage loan application process. Mobile applications accounted for more than 50% of the 37,157 mortgage applications submitted through the SimpleNexus platform in the month of May.

Related link: https://simplenexus.com/

SimpleNexus Partners with Informative Research to Expand Credit Integration Options for Its Mortgage Lender Customers

LEHI, Utah /ScoopCloud/ -- SimpleNexus (https://simplenexus.com/), developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced an integration with Informative Research (https://www.informativeresearch.com/), a Tier-1 CRA and fintech leader in delivering a range of origination solutions for the mortgage industry. The integration puts new credit solutions in the hands of loan originators using the SimpleNexus digital mortgage app.

SoftQual by Informative Research is a pre-qualifying solution that enables SimpleNexus users to collect credit data via a "soft" inquiry before extending a firm offer of credit to loan applicants. Each SoftQual report contains all the information lenders need to match applicants to the right loan options - including a complete FICO(r) score, high credit limits and current account statuses - but costs significantly less than a full credit report. And because SoftQual inquiries are not recorded in applicants' credit histories, they do not affect borrowers' FICO scores and cannot be seen by competing mortgage firms that might try to undercut the original lender's loan offer.

In addition to SoftQual, SimpleNexus customers can also order a full TriMerge Credit Report from Informative Research that consolidates data from all three credit bureaus - Equifax, Experian and TransUnion - and meets the underwriting requirements of Fannie Mae and other leading mortgage investors.

"Mortgage originators invest a great deal of time in cultivating relationships with their loan applicants, so the last thing they need is for competitors to start reaching out to their prospects with offers," said Renae Sherman, VP of business development at Informative Research. "SoftQual solves that problem and simultaneously helps lenders lower the upfront cost associated with qualifying borrowers."

"SimpleNexus is built to give lenders the flexibility they need to work with their preferred third-party service providers," said SimpleNexus COO Ben Miller. "We are pleased to enhance our lineup of credit integration options with trusted and cost-effective solutions from Informative Research."

SimpleNexus empowers more than 20,000 loan officers to "do more" while serving more than 220 mortgage companies, including 15 of the top 25 retail lenders in the United States. For more information, visit https://simplenexus.com/domore.

About Informative Research

Informative Research is a fintech leader that offers lenders a wide range of solutions for each step in the loan cycle. Their solutions include the TriMerge Credit Report, Trended Credit Data, CreditXpert Solutions Suite, Flood Certifications, 4506-Ts, and their cost-effective SoftQual solution, which has been proven to save lenders up to 70% on credit report costs. As the only company in their market space with 3 security certifications, IR is committed to protecting consumer data and the lenders' process so you can maximize your time and profits. Go to https://www.informativeresearch.com for more details on how you can simplify your success with one vendor, less fees, and better service.

About SimpleNexus, LLC:

SimpleNexus is the digital mortgage platform that enables lenders to originate and process loans from anywhere. The company's best-in-class, easy-to-use app connects loan officers to their borrowers and real estate agents to easily communicate and exchange data in a single location throughout the entire loan life cycle. Loan officers can manage their loan pipelines, order credit, run pricing, send pre-approvals and sign disclosures - all on the go.

Twitter: @SimpleNexus #digitalmortgage #FICO #creditscore #prequalification #InformativeResearch

SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced an integration with Informative Research, a Tier-1 CRA and fintech leader in delivering a range of origination solutions for the mortgage industry.

Related link: https://simplenexus.com/

New API Enables Real-Time Data Transfers Between SimpleNexus, Mortgage Lenders and Third-Party Systems

LEHI, Utah /ScoopCloud/ -- SimpleNexus (https://simplenexus.com/), developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced the availability of an application program interface (API) and webhooks that enable mortgage lenders to establish real-time data syncing between SimpleNexus and non-integrated third-party systems, including customer relationship management (CRM) platforms and loan origination systems (LOSs).

Lenders can leverage the API to instantly relay loan application data collected by the SimpleNexus digital mortgage app to a CRM for use in automated marketing campaigns. The API may also be used to automatically update SimpleNexus with organizational changes made in the lender's LOS or other system of record as well as syncing loan activity data for LOSs not currently integrated with the SimpleNexus digital mortgage platform.

Additionally, SimpleNexus customers may now leverage webhooks to trigger data sharing whenever a specific event occurs within the SimpleNexus platform. Trigger events include the creation, update or deletion of a user.

"Staying hyperconnected with borrowers and partners is critical to boosting closed loan rates and reducing closing times," said SimpleNexus Founder and CEO Matt Hansen. "Our newly introduced open API and webhooks give lenders the freedom to optimize connectivity with any number of preferred third-party systems. That data connectivity is exactly what lenders need to expedite origination times and deliver a superior borrower experience."

SimpleNexus empowers more than 20,000 loan officers to "do more" while serving more than 220 mortgage companies, including 15 of the top 25 retail lenders in the United States. To begin streamlining your origination processes with the SimpleNexus API or webhooks, contact us here: https://simplenexus.com/sn/contact-us/.

About SimpleNexus, LLC:

SimpleNexus is the digital mortgage platform that enables lenders to originate and process loans from anywhere. The company's best-in-class, easy-to-use app connects loan officers to their borrowers and real estate agents to easily communicate and exchange data in a single location throughout the entire loan life cycle. Loan officers can manage their loan pipelines, order credit, run pricing, send pre-approvals and sign disclosures - all on the go.

Twitter: @SimpleNexus #digitalmortgage #API #webhooks

SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced the availability of an application program interface (API) and webhooks that enable mortgage lenders to establish real-time data syncing between SimpleNexus and non-integrated third-party systems.

Related link: https://simplenexus.com/

NRL Mortgage Now Offering FormFree’s AccountChek Automated Asset Verification to Borrowers Nationwide

ATLANTA, Ga. /ScoopCloud/ -- FormFree(R) today announced that loan originators and support staff at NRL Mortgage are now offering AccountChek(R) automated asset verification to loan applicants nationwide. AccountChek gives borrowers a convenient and secure way to verify their assets without having to print, scan or fax bank statements.

Houston-based NRL Mortgage selected AccountChek for its streamlined borrower experience, off-the-shelf integration with the Ellie Mae(R) Encompass(R) loan origination system and participation in rep and warrant relief initiatives offered by Fannie Mae and Freddie Mac. The lender's growth over the last year makes it a standout in the mortgage industry, which experienced an overall decline in year-over-year volume.

"NRL Mortgage prides itself on bringing our customers reliability and excellence in the residential lending experience, and to that end we are always looking to align ourselves with like-minded mortgage service providers like FormFree," said NRL Mortgage Chief Operations Officer Kevin Murphy.

"FormFree is proud to support a thriving company like NRL Mortgage with verification services that make the lending experience smoother and more secure for both originators and borrowers," said FormFree Founder and CEO Brent Chandler.

NRL Mortgage employs nearly 200 loan officers and serves borrowers in 46 states coast-to-coast. Recognized by the Houston Chronicle as a top workplace for four years in a row, NRL is Houston's highest-ranked employer in the financial services segment.

About FormFree(R):

FormFree is a fintech company whose market-leading AccountChek(R) Asset Reports are used by lenders nationwide to verify borrower assets, employment and income in minutes. To date, more than 1,000 U.S. lenders have ordered over 1.25 million AccountChek Asset Reports, delighting their customers with a paperless experience and reducing origination timelines by up to 20 days. FormFree offers automated analysis and standardized delivery to lenders and their investors using a secure ReIssueKey(TM). A HousingWire TECH100(TM) company for four consecutive years, FormFree is based in Athens, Georgia.

For more information, visit https://www.formfree.com/ or follow FormFree on LinkedIn.

About NRL Mortgage:

Founded in 2007 and headquartered in Houston, Texas, NRL Mortgage is currently licensed in 48 states and the District of Columbia. We specialize in the origination of residential mortgage loans across the United States. These loans include conforming conventional loans, jumbo loans, loans guaranteed by the Veterans Administration, loans insured by the Federal Housing Administration and loans backed by Rural Housing Department/ USDA. NRL has appeared on the Inc. 5000 list of fastest-growing private companies, the Houston Chronicle's Top Workplaces, and the Houston Business Journal's Fast 100. For more information: https://nrlmortgage.com/

Twitter: @RealFormFree @NRLMortgage #AccountChek #digitalmortgage #mortgagelending

Instagram: @NRLMortgage

FormFree today announced that loan originators and support staff at NRL Mortgage are now offering AccountChek automated asset verification to loan applicants nationwide. AccountChek gives borrowers a convenient and secure way to verify their assets without having to print, scan or fax bank statements.

Related link: https://www.formfree.com/

Total Expert and ReverseVision Team Up to Transform the Reverse Mortgage Customer Journey

SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision, the leading provider of technology and training for the reverse mortgage industry, today announced a partnership with Total Expert, creator of the first marketing operation system (MOS) specifically for banks and mortgage lenders. The two companies have deployed an API integration that links the Total Expert MOS with ReverseVision's RV Exchange (RVX) loan origination platform, enhancing the customer journey for reverse mortgage borrowers and enabling originators to better serve customers at all walks of life.

Total Expert offers a centralized platform that helps mortgage lenders manage their brands at an enterprise level with multi-channel marketing solutions, contact management, audit-ready compliance and built-in support for co-branded marketing campaigns. The system lets lenders orchestrate and deploy marketing campaigns across any channel (e.g., email, print, social media, text, video) and create hyperpersonalized relationships that keep prospects moving through the purchase decision tree.

The partnership between ReverseVision and Total Expert enriches the Total Expert platform with ReverseVision's expert insight into the reverse mortgage customer journey. Features include customized decision trees, specialized marketing communications and sales activities designed to help "forward" and reverse mortgage origination teams identify mutual opportunities.

"When it comes to reverse mortgages, no one understands how to build the relationship between loan officer and borrower better than ReverseVision," said Total Expert President Jeff Walton. "We're pleased to deliver that expertise to lenders as part of an integrated approach to sales and marketing that combines automation and personalization and that scales for any organization."

"By pairing RVSA with Total Expert's MOS, we've developed a package of generationally-comprehensive loan modeling and marketing tools that are readily scalable in format," said ReverseVision VP of Sales and Marketing Wendy Peel. "Bringing HECM's forward helps lenders better serve senior borrowers by matching them with the lending products that best meet their financial goals."

About Total Expert, Inc.

Total Expert is a fintech software pioneer of the first modern, enterprise-level Marketing Operating System (MOS) that enables lending and financial services firms to create customers for life by blending human relationships with digital simplicity. We power marketing and revenue growth for 10% of $2 trillion per year U.S. mortgage industry, and ensure banks and lenders stay ahead of how consumers expect to communicate, shop, and manage their financial lives in the digital/social era. For more information, visit https://totalexpert.com/.

About ReverseVision

ReverseVision, Inc. is the leading provider of technology and training for the reverse mortgage industry. With nearly 10,000 active users, ReverseVision technology is used by 10 of the top-ten reverse mortgage lenders and supports more reverse mortgage transactions than all other systems combined. The company's comprehensive product suite also includes reverse mortgage sales and education tools and a dedicated professional services team. ReverseVision partners with some of the finest and fastest-growing banks, credit unions and lending organizations in the United States to provide its technology to brokers, correspondents, lenders and investors.

A four-time HousingWire TECH100(TM) company, ReverseVision has also been recognized in Deloitte's Technology Fast 500(TM) listing. The company continues to build on its technology's pioneering capabilities with frequent enhancements aimed at boosting users' reverse mortgage volume, workflow efficiency and data analysis capabilities.

For more information, visit https://www.reversevision.com.

Twitter: @ReverseVision @TotalExpertInc #reversemortgage #HECM #digitalmortgage

ReverseVision, the leading provider of technology and training for the reverse mortgage industry, today announced a partnership with Total Expert, creator of the first marketing operation system (MOS) specifically for banks and mortgage lenders. The two companies have deployed an API integration that links the Total Expert MOS with ReverseVision's RV Exchange (RVX).

Related link: https://www.reversevision.com/

SimpleNexus Bolsters Senior Leadership Team to Support Expanding Roster of Mortgage Lender Clients

LEHI, Utah /ScoopCloud/ -- SimpleNexus (https://simplenexus.com/), developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced that it has bolstered its senior leadership team with the appointments of three vice presidents to support the company's rapidly expanding roster of mortgage lender clients.

"Our rapidly growing user base underscores a strong lender appetite for digital mortgage tools that help fill referral pipelines and improve loan application conversion," said SimpleNexus President and COO Ben Miller. "We are proud to welcome three talented leaders who share SimpleNexus' commitment to excellence and innovation."

The newly appointed executives are:

* Kent Besaw, VP of Customer Success
Besaw possesses 17 years of management experience in the financial services and technology sectors and a proven track record of accelerating the growth and impact of customer success teams. In his role as VP of customer success, Besaw will help maximize client outcomes and loyalty. Prior to joining SimpleNexus, Besaw held positions as director of customer success at SaltStack, an IT automation software company, and Instructure, an education and professional development platform. Besaw earned his master's degree in business administration from Brigham Young University.

* Kevin McKenzie, VP of Finance
McKenzie has 15 years' experience in financial analysis and controllership. As VP of finance, McKenzie will leverage his finance and accounting acumen to fiscally position SimpleNexus for the next stage of its development. Previously, McKenzie held VP of finance roles at Zane Benefits and AdvancedMD, where he successfully led finance teams to drive scalable growth. McKenzie holds a master's degree in business administration from Westminster College and a bachelor's degree in finance from the University of Utah.

* Shane Westra, VP of Product
Westra brings a twenty-year background in product development to his role as VP of product for SimpleNexus. Westra's penchant for identifying elegant solutions to complex problems will guide his team's development of SimpleNexus products and user experiences. His past roles in Silicon Valley and Utah's local tech scene have helped companies such as Bynder and LexisNexis grow revenue and establish mature and scalable product development lifecycles. Westra holds a master's degree in business administration from Brigham Young University.

Besaw, McKenzie and Westra join SimpleNexus' highly decorated leadership team, whose members have been honorees of the HousingWire Vanguard award, HousingWire Rising Star award and National Mortgage Professional's 40 Under 40 award.

SimpleNexus empowers more than 20,000 loan officers to "do more" while serving more than 220 mortgage companies, including 15 of the top 25 retail lenders in the United States. For more information, visit https://simplenexus.com/domore.

About SimpleNexus, LLC:

SimpleNexus is the digital mortgage platform that enables lenders to originate and process loans from anywhere. The company's best-in-class, easy-to-use app connects loan officers to their borrowers and real estate agents to easily communicate and exchange data in a single location throughout the entire loan life cycle. Loan officers can manage their loan pipelines, order credit, run pricing, send pre-approvals and sign disclosures - all on the go.

Twitter: @SimpleNexus #digitalmortgage #newhires #peoplemovers

SimpleNexus (simplenexus.com), developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced that it has bolstered its senior leadership team with the appointments of three vice presidents to support the company's rapidly expanding roster of mortgage lender clients.

Related link: https://simplenexus.com/

HousingWire Honors SimpleNexus COO Ben Miller for Driving SimpleNexus’ Quadruple-Digit Growth

LEHI, Utah /ScoopCloud/ -- SimpleNexus (https://simplenexus.com/), developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced that company President and Chief Operating Officer Ben Miller has been named one of HousingWire's 2019 HW Rising Stars(TM). Now in its sixth year, the HW Rising Stars awards program recognizes the housing industry's most influential professionals aged 40 and under.

Miller was recognized for his instrumental role in driving SimpleNexus' meteoric growth and helping the company evolve from one of the industry's best-loved mobile tools to an all-around digital mortgage platform that leads its product category. Under Miller's guidance, company revenue grew by quadruple digits in three years, a feat that earned SimpleNexus a spot on the Inc. 5000 list of the nation's fastest-growing companies.

"Ben's steady leadership has helped SimpleNexus set the bar for what a digital mortgage platform can be. We're thriving by doing what we love best: helping mortgage loan officers generate more revenue, happier customers and more loyal referral partners," said SimpleNexus CEO Matt Hansen. "HousingWire couldn't have chosen a more deserving recipient of this honor. The entire SimpleNexus team extends our congratulations to Ben and his fellow honorees."

"This year's group of Rising Stars represents a rising generation of strong, innovative and motivated leaders taking the mortgage industry by storm," said HousingWire CEO Clayton Collins. "Each of these individuals has accomplished a great deal, but we believe they are still at the early stages of their ultimate impact on the housing economy."

Today, SimpleNexus empowers more than 18,000 loan officers to "do more" while serving more than 220 mortgage companies, including 15 of the top 25 retail lenders in the United States. For more information, visit https://simplenexus.com/domore.

Profiles of all the sixth annual HW Rising Stars honorees can be viewed in the June edition of HousingWire or at https://www.housingwire.com/articles/49144-housingwires-class-of-2019-rising-stars.

About SimpleNexus, LLC:

SimpleNexus is the digital mortgage platform that enables lenders to originate and process loans from anywhere. The company's best-in-class, easy-to-use app connects loan officers to their borrowers and real estate agents to easily communicate and exchange data in a single location throughout the entire loan life cycle. Loan officers can manage their loan pipelines, order credit, run pricing and send pre-approvals - all on the go.

About HousingWire:

HousingWire is the nation's most influential source of news and information for U.S. mortgage markets, boasting a readership that spans lending, servicing, investments and real estate market participants as well as financial market professionals.

Winner of numerous awards, including a 2012 Eddie Award for national editorial excellence in B-to-B Banking/Business/Finance, HousingWire has been recognized for excellence in journalism by the Society of Business Editors and Writers, the American Society of Business Press Editors, the National Association of Real Estate Editors and Trade Association Business Publications International.

Twitter: @SimpleNexus @HousingWire #HWRisingStars #digitalmortgage

SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced that company President and Chief Operating Officer Ben Miller has been named one of HousingWire's 2019 HW Rising Stars.

Related link: https://simplenexus.com/

FormFree Joins Financial Data Exchange (FDX)

ATHENS, Ga. /ScoopCloud/ -- FormFree(R) announced today that it has joined the Financial Data Exchange (FDX), a non-profit group that promotes information sharing and security standards for the financial sector. A leading provider of digital asset, income and employment verification, FormFree brings over a decade of experience in protecting the safety and integrity of sensitive consumer data.

FDX is the leader of an industry-wide commitment to enhance consumer controls of financial data. Its members span the financial services ecosystem and include financial institutions, data aggregators, fintechs and banking core processors. Other recent new members include American Express, Blend, FirstBank, Fiserv, Goldman Sachs, Navy Federal Credit Union, Quovo and Trust Stamp. Together, the members of FDX are implementing technical standards that make it easier and safer for consumers to use their financial data with third parties.

FormFree works with banks, mortgage lenders and other financial services providers to streamline the loan origination process and provide better intelligence on borrowers' ability to repay loans. Its award-winning technologies

"Ensuring the security and accuracy of consumer data has always been FormFree's top priority," said FormFree Founder and CEO Brent Chandler. "Partnering with FDX is a valuable opportunity to connect with like-minded leaders in the financial sector to develop and grow industry acceptance of unified standards for data security and access."

About FormFree(R):
FormFree is a fintech company whose market-leading AccountChek(R) Asset Reports are used by lenders nationwide to verify borrower assets, employment and income in minutes. To date, more than 1,000 U.S. lenders have ordered over 1.25 million AccountChek Asset Reports, delighting their customers with a paperless experience and reducing origination timelines by up to 20 days. FormFree offers automated analysis and standardized delivery to lenders and their investors using a secure ReIssueKey(TM). A HousingWire TECH100(TM) company for four consecutive years, FormFree is based in Athens, Georgia.

For more information, visit https://www.formfree.com/or follow FormFree on LinkedIn.

About the Financial Data Exchange:
Financial Data Exchange (FDX) is a non-profit financial industry organization dedicated to promoting and enhancing a common interoperable standard for securely sharing consumer financial data. Open to financial institutions, fintech companies and other industry participants, FDX puts consumers in control of their personal financial data and facilitates the development, growth and industry-wide adoption of the FDX API's operating framework. FDX is a subsidiary of FS-ISAC. For more information and to join, visit https://www.financialdataexchange.org/.

Twitter: @RealFormFree @FDXOrg #digitalmortgage

FormFree(R) announced today that it has joined the Financial Data Exchange (FDX), a non-profit group that promotes information sharing and security standards for the financial sector. A leading provider of digital asset, income and employment verification, FormFree brings over a decade of experience in protecting the safety and integrity of sensitive consumer data.

Related link: https://www.formfree.com/

OpenClose Extends its Digital Mortgage Ecosystem with New POS Offering – ConsumerAssist Digital POS

WEST PALM BEACH, Fla. /ScoopCloud/ -- OpenClose(R), an industry-leading multi-channel loan origination system (LOS) and mortgage fintech provider, announced that it is has scheduled a May release for the official rollout of its much anticipated digital mortgage point-of-sale (POS) solution, ConsumerAssist(tm) Digital POS. This new integrated solution is a unique offering that combines a proven and mature 100 percent browser-based end-to-end LOS and PPE with new state-of-the-art dynamic digital mortgage POS technology.

As a single source vendor for digital POS, LOS, PPE and Business Intelligence, OpenClose is able to slash the loan manufacturing cost and complexity by eliminating the need to cobble together disparate systems with different SLAs, contracts and pricing models.

The self-service POS capabilities that ConsumerAssist Digital POS provides are state-of-the-art and feature rich. Lenders can now automate and organize numerous tasks that would normally be performed in the back-office via the LOS, and push them closer to borrowers earlier in the origination process. As a result, workflow efficiencies increase, the lending process is sped up, costs are reduced and new business is captured at a higher rate and lower cost.

"We feel that lenders leveraging the efficiencies of a single consolidated platform will be able to most effectively sustain and increase profitability in an environment with more competition for fewer loans and tighter margins," says JP Kelly, president of OpenClose.

Jason Regalbuto, CEO / CTO of OpenClose, adds: "Borrowers today and in the future are expecting streamlined experiences with extreme ease of use and automation like Amazon and Uber offer. Mortgage origination and lending involve very complex processes. We think with ConsumerAssist Digital POS, we have significantly reimagined these processes and workflows for the future and the expectations that borrowers have. We've effectively closed the loop between POS and LOS."

Key feature & benefits of OpenClose's new digital POS and LOS platform:

* Consumer-facing website can be customized to reflect the lender's own branding
* Elegant, intuitive screens and wizards swiftly walks borrowers through the entire application process
* Instant Verification of Employment (VOE)
* Instant Verification of Income (VOI)
* Instant Verification of Assets (VOA)
* Instant Verification of Tax Returns
* Automated loan conditioning
* Secure document capture and tracking
* Real-time messaging between borrower, loan officer and other relevant parties
* Activities calendar monitors when tasks are due and auto-sends email reminders and/or text notifications
* Affinity portal connects realtor, builder and settlement partners to the manufacturing process
* Ability to access the system on any mobile device or tablet.

OpenClose is incorporating into ConsumerAssist Digital POS their DecisionAssist(tm) product and pricing engine, automated underwriting capability, fee calculation engine and more.

OpenClose also offers ConsumerAssist(tm) Web which helps establish a consumer direct lending channel by developing websites that engage borrowers with tools to perform much of the application and loan qualification process themselves without involving a salesperson. ConsumerAssist Web can be combined with ConsumerAssist Digital POS, together dubbed ConsumerAssist(tm) Enterprise, to offer comprehensive self-service technology that manages the bulk of the origination process for lenders.

OpenClose recently announced the availability of a robust RESTful API Suite that the company developed to enable quick system-to-system integrations, seamless data exchange and execution of transactions. In addition to making integrations easier to complete, it further lowers lender costs, which is a key focus of OpenClose as their customers operate in a margin compressed business climate.

The company will be exhibiting in booth 800 at the MBA's Technology Solutions Conference & Expo 2019 from March 24 - 27 in Dallas at the Hyatt Regency. To learn more, visit the booth or contact the company to arrange a meeting time: sales@openclose.com.

About OpenClose:
Founded in 1999 and headquartered in West Palm Beach, Florida, OpenClose(R) is a leading enterprise-class, multi-channel loan origination system (LOS), POS digital mortgage and fintech provider that cost effectively delivers its digital platform on a software-as-a-service (SaaS) basis. The company provides a variety of innovative, 100 percent web-based solutions for lenders, banks, credit unions, and conduit aggregators. OpenClose's core solution, LenderAssist(tm), is comprehensive loan origination software that is completely engineered by OpenClose using the same code base from the ground up.

The company offers a RESTful API suite that standardizes system-to-system integrations, making them easier to develop, quicker to implement and more cost effective. OpenClose provides lending organizations with full control of their data and creates a truly seamless workflow for complete automation and compliance adherence. For more information, visit https://www.openclose.com/ or call (561) 655-6418.

OpenClose(R), an industry-leading multi-channel loan origination system (LOS) and mortgage fintech provider, announced that it is has scheduled a May release for the official rollout of its much anticipated digital mortgage point-of-sale (POS) solution, ConsumerAssist(TM) Digital POS.

Related link: https://www.openclose.com/

LBA Ware Adds Real-Time Mortgage Compensation Push Notifications to SimpleNexus Mobile Originator App

MACON, Ga. /ScoopCloud/ -- LBA Ware(TM), provider of the leading automated compensation and sales performance management platform for mortgage lenders, today announced that it has completed a partial integration of its compensation platform CompenSafe(TM) with SimpleNexus's enterprise digital mortgage solution. As a result, LOs will be able to receive real-time push notifications on calculated loan commissions directly through the SimpleNexus app.

"LOs are increasingly using our mobile platform to manage their day-to-day tasks and adding real-time compensation notifications enables SimpleNexus to become a one-stop-shop for LOs, operationally speaking," said Matt Hansen, CEO at SimpleNexus. "LBA Ware has built the industry's best compensation platform, and we are eager to give our users a taste of what CompenSafe can provide through these push notifications."

SimpleNexus provides LOs with a single, mobile-driven platform to connect with borrowers and Realtor partners and access the ancillary systems and tools they use on a regular basis. The addition of compensation notifications through the integration with LBA Ware adds to the suite of milestone alerts and other push notifications already available through the app and gives LOs a more complete picture of their individual level of production in real time.

"Performance and productivity go hand in hand, and for LOs, having commission notification in real time can be a powerful motivator to increase applications and ultimately close more loans," said Lori Brewer, founder and CEO of LBA Ware. "SimpleNexus has quite literally put the LO's office in the palm of his or her hand, and the addition of compensation push notifications from LBA Ware takes that one step further by providing a valuable connection to their compensation."

To help SimpleNexus users learn more about these push notifications, LBA Ware will be a sponsoring partner and attendee at the 2019 SimpleNexus User Group event scheduled for February 10-12 at The Cliff Lodge in Snowbird, Utah.

About SimpleNexus:

SimpleNexus, LLC is a digital mortgage solution provider, enabling lenders to originate and process loans from anywhere. The platform connects loan officers to their borrowers and realtors to easily communicate and exchange data in a single location throughout the entire loan life cycle. Loan officers can manage their loan pipeline, order credit, run pricing and send pre-approvals - all on the go. Loan officers can easily share the app with borrowers and realtors, giving them the modern mortgage tools they want and need.

SimpleNexus serves more than 200 enterprise mortgage companies and more than 20,000 loan officers nationwide. To learn more, visit https://simplenexus.com/sn/.

About LBA Ware:

Founded in 2008, LBA Ware's mission is to inspire opportunity by delivering solutions that are essential to the way mortgage companies operate. We are a trusted partner and play a key role in our clients' success by enabling them to motivate, incentivize and better leverage the human potential within their organizations. Our applications automate traditionally manual business processes for which an existing software solution does not exist, empowering lenders to create an integrated software environment that maximizes their productivity and operational efficiency. For more information about LBA Ware and our software solutions, visit https://lbaware.com.

Twitter: @LBAWare @simplenexus #SNUG19

LBA Ware(TM), provider of the leading automated compensation and sales performance management platform for mortgage lenders, today announced that it has completed a partial integration of its compensation platform CompenSafe(TM) with SimpleNexus's enterprise digital mortgage solution. As a result, LOs will be able to receive real-time push notifications on calculated loan commissions directly through the SimpleNexus app.

Related link: https://lbaware.com/

Digital mortgage provider Cloudvirga closes 2018 with customers producing nearly $200B in loan volume, secures $50m in capital

IRVINE, Calif. /ScoopCloud/ -- Cloudvirga(TM), a leading provider of digital mortgage software, closed the books on 2018 with a 54 percent year-over-year increase in mortgage loan volume processed through its intelligent Mortgage Platform(TM). The strong 2018 results topped a long list of achievements.

"Our continued rapid growth amidst a challenging mortgage climate is a testament to how urgently the industry needs a solution like Cloudvirga that truly drives down the cost of origination," said CEO Michael Schreck. "We're proud to have welcomed more of the nation's top lenders while simultaneously introducing never-before-seen digital mortgage capabilities and a mobile-first platform."

Cloudvirga's POS products, already the most robust in the market, advanced significantly in 2018 with the addition of features designed to improve lender speed, compliance and productivity. In March, Cloudvirga announced major advances to its Enterprise POS and launched a new Mobile POS. A month later, the company introduced the industry's first single-click submission of loan data to both GSEs' automated underwriting systems. Cloudvirga will continue to evolve its product suite with support from a $50M Series C that brings its total funding raised to $77M.

Cloudvirga's customer base produces nearly $200 billion in loans annually and represents eight of the country's top 20 mortgage originators. Over the course of the year, Cloudvirga announced deployments with American Financial Network, Fairway Independent Mortgage Corporation, Finance of America Mortgage and Thrive Mortgage, among others. The Cloudvirga product suite continues to lead the industry and service both bank and non-bank lenders.

Cloudvirga continues to establish itself as an employer of choice in Orange County, California, with expanded benefits and a planned new corporate office in University of California, Irvine's Research Park.

Notable additions to the Cloudvirga team in the last 12 months include:
* Chief Revenue Officer Dan Sogorka, formerly a business line president for Fidelity National Financial (NYSE: FNF) and Black Knight (NYSE: BKI)
* Chief Product Officer Tim Von Kaenel, formerly chief product officer at loanDepot, the nation's fifth-largest retail lender
* Chief Customer Success Officer Jesse Decker, formerly VP of client services for mortgage fintech Roostify
* EVP of Technology James Vinci, formerly CTO at Equator, an affiliate of real estate and mortgage technology firm Altisource (NASDAQ: ASPS)
* SVP of Marketing Kelly Kucera, formerly head of commercial and marketing for Arcules, a Canon Group company (NASDAQ: CAJ)
* VP of Talent Ashley Lundquist, formerly an executive for Houzz and Drip

Cloudvirga garnered significant national and global recognition as a leader in fintech and mortgage innovation. The company was a recipient of the Benzinga FinTech Award, HousingWire's TECH100(TM) and Red Herring's Top 100 North America.

Schreck and company Co-founder Kyle Kamrooz were recognized for their contributions to the local business community. Kamrooz was named Orange County's 2018 'Innovator of the Year' and accepted an invitation to join the Forbes Finance Council. Schreck, Kamrooz and SVP of Product Management Josephine Yen were each recipients of multiple awards recognizing their individual achievements in mortgage innovation.

Cloudvirga showed its continuing support of the Southern California community with contributions to California Fire Foundation and Los Angeles County Animal Care Foundation, both organizations offering relief to those affected by wildfires in the region, as well as Second Harvest Food Bank of Orange County. Cloudvirga also helped raise more than $50,000 for the Golden State Impact Project, a nonprofit that aids wounded veterans and families affected by cancer.

About Cloudvirga(TM):

Cloudvirga's digital mortgage point-of-sale (POS) software, powered by the intelligent Mortgage Platform(R), uniquely combines a world-class borrower experience with a truly automated lender workflow that radically cuts overall loan costs, increases transparency and reduces the time to close a loan. Led by top fintech veterans with a track record of building successful mortgage technologies, Cloudvirga's customer base includes eight of the top 20 mortgage originators in the United States. To date, Cloudvirga has raised over $77 million from some of the country's top lenders and private-equity firms.

For more information, visit https://www.cloudvirga.com or follow Cloudvirga on LinkedIn.

Twitter: @Cloudvirga #digitalmortgage

Cloudvirga(TM), a leading provider of digital mortgage software, closed the books on 2018 with a 54 percent year-over-year increase in mortgage loan volume processed through its intelligent Mortgage Platform(TM). The strong 2018 results topped a long list of achievements.

Related link: https://www.cloudvirga.com/