Tag Archives: FinTech

Mortgage Coach introduces integration with LoanSense to help federal student loan holders become homeowners and increase purchase power

CORONA, Calif. /ScoopCloud/ -- Mortgage Coach, the industry's leading platform enabling mortgage lenders to create digital and accurate home loan options for consumers, today announced its partnership with LoanSense, an online student loan advisor that helps federal student loan holders enroll in affordable repayment and forgiveness plans. The partnership equips mortgage lenders to help homebuyers with high monthly federal student loan payments achieve better home financing outcomes by enrolling in federal student loan Income Driven Repayment (IDR) plans and Public Service Loan Forgiveness (PSLF).

Despite strong incomes and credit scores, many of the 42.9 million Americans with federal student loan debt are either denied home financing or have reduced home purchasing power because they have higher debt-to-income ratios (DTIs) due to student loans. Many mortgage lenders and consumers do not know about federal IDR plans, which can substantially reduce monthly student loan burden for borrowers of every income level and for borrowers who carry student debt and did not graduate.

Mortgage Coach's partnership with LoanSense gives lenders access to a purchasing power calculator that determines how much borrowers' monthly student loan payments can be reduced - and how much their home purchasing power can be increased - through enrollment in an IDR plan. Once borrower eligibility is determined, loan originators can electronically refer borrowers who would benefit from enrolling in an IDR plan to LoanSense, where they will receive assistance navigating the complexities of correctly completing and submitting their IDR application. Upon IDR plan enrollment, LoanSense notifies lenders so they may resume the home financing process with increased purchase power, which can be accessed in as little as three weeks.

LoanSense also helps eligible consumers correctly enroll in PSLF, which discharges remaining federal student loan debt after 10 years of full-time employment in public service.

Alongside each LoanSense purchasing power calculation, Mortgage Coach generates a Rent vs. Own Total Cost Analysis (TCA), which compares the costs and equity gains of renting, owning and owning a more valuable home with increased purchase power over time. The instant accurate illustration of the borrower's adjusted monthly student loan burden and mortgage benefits is a first-of-its-kind innovation, giving lenders the ability to educate and support borrowers making homeownership more accessible.

"Addressing the barrier student loans present to homeownership is part of Mortgage Coach's ongoing and relentless effort to equip lenders with data and technology benefits to better serve their communities with more home financing options," said Mortgage Coach President Joe Puthur. "The impact of reducing a borrower's student loan payment by a few hundred dollars a month can be life-altering. It could mean $50,000 more for a better school district, an extra bedroom or closer proximity to employment."

"LoanSense is a mission-driven organization committed to helping improve the financial outcomes with our unique technology for the millions of Americans in student loan debt," said LoanSense Founder and CEO Catalina Kaiyoorawongs. "A home is 80% of the average American's wealth at retirement and delaying access to student-debt burdened borrowers will have major socio-economic impacts. We are pleased to integrate and partner with Mortgage Coach, who is equally committed to improving financial and homeownership outcomes for all prospective borrowers."

"The LoanSense integration is available to any Mortgage Coach member, including our Broker Edition subscribers," added Kelli Hodges, COO of Mortgage Coach. "Everyone on the homeownership journey and every professional we serve should have access to this path of more affordable financing."

About Mortgage Coach

Mortgage Coach is the industry's leading platform that allows mortgage lenders to create digital and accurate home loan comparisons for consumers. With the Total Cost Analysis presentation, lenders can create a multi-option comparison, offering the borrower a more personalized digital experience. This level of transparency has revolutionized the rate quoting and pricing process allowing borrowers to make faster, more informed mortgage decisions and ultimately, increase production and pipeline conversion for lenders of any size. For more information on how to start using borrower education as a competitive advantage, please visit http://www.mortgagecoach.com/.

About LoanSense

LoanSense is a student loan digital advisor. Seventy-one percent of those filing into federal loan programs unknowingly commit errors and get rejected from loan forgiveness costing them thousands of dollars. With LoanSense, borrowers get matched to the best federal loan repayment plan and get payments counted towards loan forgiveness, saving them thousands of dollars. For more information, visit http://www.myloansense.com/ or follow LoanSense on LinkedIn, Facebook, and Twitter.

Twitter: @MortgageCoach @LoanSenseapp #studentloans #homeownership

Mortgage Coach, the industry's leading platform enabling mortgage lenders to create digital and accurate home loan options for consumers, today announced its partnership with LoanSense, an online student loan advisor that helps federal student loan holders enroll in affordable repayment and forgiveness plans.

Related link: http://mortgagecoach.com/

LBA Ware’s LimeGear integrates with Experience.com to turn customer satisfaction scores into actionable business intelligence for mortgage lenders

MACON, Ga. /ScoopCloud/ -- LBA Ware™, a leading provider of incentive compensation management (ICM) and business intelligence (BI) software solutions for the mortgage industry, today announced it has partnered with Experience.com, home of the world's most impactful Experience Management Platform (XMP), to provide customers with a dynamic way to track customer satisfaction as a key performance indicator (KPI) in LBA Ware's LimeGear™ BI platform. The customer satisfaction KPI allows lenders to measure the customer experience as rated by borrowers, co-borrowers, real estate agents and other parties to a loan across the home financing journey and incorporate it into the performance evaluations of branch locations and individuals across the lending organization.

"With this integration, our customers will gain a more well-rounded view of their organization's performance through customer feedback," said LBA Ware Founder and CEO Lori Brewer. "It's not always easy to convert customer feedback into actionable data, but by working with Experience.com, LBA Ware has found a way to not only standardize the data, but also to allow lenders to customize which data points to track and when to track them. With more than 100 trackable KPIs available in LimeGear, lenders have the ability to gather a data-driven view across almost every part of their organization."

The customer satisfaction KPI resides within LimeGear's visually intuitive performance management dashboard. Because LBA Ware's partnership with Experience.com tracks customer feedback surveys by loan number, lenders can tie customer experience to performance scorecards for loan officers, processors, branch locations and more. As with LimeGear's other KPIs, lenders can assign a relative weight to the customer experience metric as part of an overall performance score. Role-based scorecards provide an at-a-glance view of how employees rank among their peers for volume, units and other configurable conditions.

"Nearly every lender deploys some kind of post-close survey to track customer satisfaction, but many lack a way to integrate the results into business intelligence," said Experience.com SVP of Partnerships Craig Pollack. "For lenders currently measuring the performance of loan officers and other team members purely on volume and profitability metrics, there is often a blind spot of including customer satisfaction as a trackable metric. This integration removes that blind spot and gives lenders a look at the bigger picture of performance as well as the ability to refine future customer satisfaction surveys as the picture comes into focus."

LBA Ware will be joined by Experience.com Vice President of Financial Services Kristin Messerli in LBA Ware's upcoming webinar, The Myths that Keep Millennials from Buying: Data-Driven Direction for Growing Your Share of America's Largest Homebuyer Market, which takes place October 6, from 1-2 pm ET. Registration is now open and required to attend.

About LBA Ware™:

LBA Ware is a leading provider of cloud-based software for mortgage lenders. Since 2008, LBA Ware has been on a mission to help mortgage companies reach new heights with software that integrates data, incentivizes performance and inspires results. Today, more than 100 lenders of all sizes, including some of the nation's top producing mortgage companies, use LBA Ware's award-winning technology to enhance lender experiences and maximize the human potential within their organizations. A 2020 Inc. 5000 fastest-growing private company, LBA Ware is headquartered in Macon, Georgia. For more information, visit https://www.lbaware.com.

About Experience.com:

We believe that experience is everything. Amazing experiences create customers for life, and poor ones destroy brands and businesses. That's why Experience.com has built the most impactful Experience Management Platform (XMP) available anywhere, with features to drive operational and behavioral change, in real-time, during the moments that matter. XMP delivers impactful business outcomes including increased customer satisfaction, brand loyalty, online reputation and visibility, as well as improved employee engagement, and compliance - making every experience matter more. Founded in 2015 and originally founded as SocialSurvey, Experience.com is headquartered in San Ramon, Calif. and backed by SavantGrowth (fka Kennet Partners), Silicon Valley Data Capital, Tri-Valley Ventures, and Wilson Sonsini Goodrich & Rosati. For more information, visit https://www.experience.com or call +1 (888) 701 4512.

Twitter: @LBAWare @experience__com #mortgagedata #digitalmortgage #mortgagelending

LBA Ware™, a leading provider of incentive compensation management (ICM) and business intelligence (BI) software solutions for the mortgage industry, today announced it has partnered with Experience.com, home of the world's most impactful Experience Management Platform (XMP), to provide customers with a dynamic way to track customer satisfaction as a key performance indicator (KPI) in LBA Ware's LimeGear™ BI platform.

Related link: https://go.lbaware.com/

New MBS Fintech Agile Revolutionizes Trading with the Launch of RFQ Platform

PHILADELPHIA, Pa. /ScoopCloud/ -- Agile, a new fintech bringing mortgage lenders and broker dealers on to a single electronic platform, has formally announced the launch of its flagship RFQ (request for quote) platform. All MBS market participants can now participate on an electronic platform that expedites the exchange of To-Be-Announced Mortgage-Backed Securities (TBAs).

Despite the rise of electronic trading and digitization of financial services, MBS trading has largely been conducted over the phone. Phone-based trading is slow and impractical in generating numerous competitive bids. Agile is introducing a new, electronic way to quote MBS through a browser-based platform that digitizes the process of buying and selling TBAs. As a result, Agile enables the user to efficiently generate more competitive bids compared to legacy phone-based processes. (*See note 1.)

"Our mission is to bring the mortgage capital markets into a new digital era," comments Curtis Richins, President & CEO of Agile. "We're democratizing the TBA Market for lenders and dealers both big and small. We created Agile because we believe that a transparent market is a better market and because every counterparty deserves access to a fair, efficient and transparent marketplace."

Agile was developed with direct feedback from mortgage lenders and broker-dealers, resulting in a powerful platform that integrates smoothly with existing processes. With the browser-based platform, lenders can request trades from any device, anywhere. Agile's three step process for digital TBA trading communication can help lenders improve efficiency, while expanding the number of quotes they receive and their network of counterparties. For the first time, all mortgage lenders can trade with regional and primary dealers electronically.

Agile's initial roll-out began January 1, 2021 and demonstrated rapid adoption across the mortgage secondary market. Agile has supported 261 financial institutions who have exchanged 95.6 thousand quotes. (*See note 2.) Lenders have been quick to welcome the benefits of the new platform.

Early adopter Andrew Stringer (Director of Secondary/Capital Markets at First Bank), said, "After a busy conference day, I found myself with moments left to optimize coverage before market close. A few taps in Agile and I was done! No calls, no computer, no manual calculations - just a quick TBA trade and back to unwinding after a long day."

Agile has already received strong participation from the broker-dealer community, thanks to new opportunities for growth and operational improvement. Agile provides access to an ever-growing network of lenders, facilitates increased quote requests from approved counterparties, and delivers the efficiencies of a digital trade desk. Broker-dealers also have the benefit of straight-through processing with leading trade order management systems. Featured broker-dealers currently on the platform include, but are not limited to, the following: BMO Financial, BOK Financial Securities, CMG Securities, Daiwa Capital Markets, ED&F Man, Huntington Securities, Janney Montgomery Scott, JVB Financial, Performance Trust, Raymond James, South Street Securities, Stifel, Nicolaus & Co, and StoneX.

Brent Giese, Executive Director of Fixed Income at Daiwa Capital Markets America, said: "Working with Agile has been very productive and beneficial to Daiwa's growing mortgage banking sales franchise. With access to many qualified mortgage originators, the platform provides an efficient means to reach significant volumes. The technology is advanced and allows for effective performance feedback while their straight though processing capability eliminates costly trade errors. Simply put, I have been very impressed and am thankful to have this valued partnership."

About Agile

The industry's first MBS fintech, Agile brings together lenders and dealers of all sizes onto a single platform. Agile facilitates the exchange of TBA MBS by securing and automating communication between mortgage lenders and broker-dealers. Agile digitizes the historically phone-based process to an electronic platform which may improve profitability and efficiency, while reducing administrative errors. Through its competitive TBA RFQ digital platform, mortgage lenders gain access to national and regional broker-dealers previously inaccessible on digital platforms, while broker-dealers gain access to an ever-growing network of lenders. Based in Philadelphia, Agile Trading Technologies supports a national network of clients with a team of capital markets professionals who have deep trading experience at financial organizations of every size.

For more information, visit https://trade-agile.com/ or call (619) 332-6205.

Media Contact:
Vested
Agile@fullyvested.com

NOTES:

[1] MCT Study of Digital RFQ Implementation, see Works Cited for details.

[2] Agile RFQ Platform Usage Data 2021 YTD Summary Report.

WORKS CITED

Testimonials may not be representative of the experience of other clients, and past results are not a guarantee of future performance or success.

Benefits and metrics listed in this document were sourced from the MCT Study of Digital RFQ Implementation, July 2021 found at https://mct-trading.com/study-of-digital-rfq-implementation/. Mortgage Capital Trading (MCT) is a client of Agile Trading Technologies and active user of the Agile RFQ platform.

This study measured the change in phone use, productivity, and TBA execution associated with the implementation of Agile Trading Technology's RFQ platform (Agile RFQ), as well as the experiences of platform users. The study encompassed over 250 mortgage lender clients of MCT who either used Agile RFQ to support their own TBA trading, or Agile RFQ was used by MCT traders to support TBA trading on their behalf. The study measured the month of January 2021 (after implementation) against the month of January 2020 (before implementation). Data was collected through MCT reports on TBA trading activity and surveys of platform users. Possible limitations of the study include the relatively narrow time period of measurement and the combination of qualitative and quantitative data used for measurement.

MULTIMEDIA:

*LOGO link for media: https://www.Send2Press.com/300dpi/21-0909s2p-agile-logo-300dpi.jpg

Agile, a new fintech bringing mortgage lenders and broker dealers on to a single electronic platform, has formally announced the launch of its flagship RFQ (request for quote) platform. All MBS market participants can now participate on an electronic platform that expedites the exchange of To-Be-Announced Mortgage-Backed Securities (TBAs).

Related link: https://trade-agile.com/

MCT’s Paul Yarbrough is named to HousingWire’s 2021 Insiders Award List

SAN DIEGO, Calif. /ScoopCloud/ -- Mortgage Capital Trading, Inc. (MCT®), an industry-leading mortgage hedge advisory firm, announced that Paul Yarbrough, Director of the Client Success Group, has been named to HousingWire's 2021 Insider Awards list. The list is designed to honor an organization's operational all-stars - those insiders who are the company's best-kept secret, yet vital to its success.

The list is composed of 100 winners from across the country, each of whom were selected by HousingWire's editorial staff based on contributions to their company's success in the last 12 months. The deciding factor to earn a spot on the list was not the winners' job title, but rather the way they performed their job. This year's list of honorees represents a wide range of occupations within the housing economy, from lending and real estate to fintech and capital markets.

"The winners of our Insiders award are an incredible group of doers that we're proud to recognize for their essential contributions to their companies," HousingWire Editor-in-Chief Sarah Wheeler said. "Everyone on this year's list is a crucial part of their company's success and we're honored to give them the spotlight."

As the head of client success, Mr. Yarbrough has been able to grow MCT's dedicated client success team from the ground up by seeking out those who also have experience as clients of MCT. He pushes his team forward through mentorship and training, which he carries over to MCT's clients and investors. This puts him in the unique position of being able to listen to different angles of feedback from clients, traders, and investors. His love for educating, training, and assisting clients and investors has helped him push forward MCT's value of client-first interactions.

"I am humbled to be selected for HousingWire's Insider award. I was in the unique situation of first being an MCT client, then working with MCT so I have a great sense of the client experience. Through that, I am able to pull the collaboration of my team and the support from other MCT divisions that helps me ensure the success for our clients," said Mr. Yarbrough. "Being able to create a service-oriented team environment is the pinnacle of the client success group."

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, California, MCT also has offices in Philadelphia, Healdsburg, and Texas. 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 love.

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

About HousingWire:

HousingWire is the most influential source of news and information for the U.S. mortgage and housing markets. Built on a foundation of independent and original journalism, HousingWire reaches over 60,000 newsletter subscribers daily and over 1.0 million unique visitors each month. Our audience of mortgage, real estate and fintech professionals rely on us to Move Markets Forward. Visit www.housingwire.com or www.solutions.housingwire.com to learn more.

MEDIA CONTACT:
Ian Miller
Chief Marketing Officer
Mortgage Capital Trading
619-618-7855
pr@mctrade.net

MULTIMEDIA:

*PHOTO link for media: https://www.Send2Press.com/300dpi/21-0902s2p-MCT-Paul-Yarbrough-300dpi.jpg

Mortgage Capital Trading, Inc. (MCT®), an industry-leading mortgage hedge advisory firm, announced that Paul Yarbrough, Director of the Client Success Group, has been named to HousingWire's 2021 Insider Awards list. The list is designed to honor an organization's operational all-stars - those insiders who are the company's best-kept secret, yet vital to its success.

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

SimpleNexus is certified as eClosing solution provider by Fannie Mae and Freddie Mac

LEHI, Utah /ScoopCloud/ -- SimpleNexus (https://simplenexus.com/), developer of the leading homeownership platform for loan officers, borrowers, real estate agents and settlement agents, is now a Fannie Mae- and Freddie Mac-reviewed eClosing solution provider. The designation affirms that SimpleNexus' Nexus Closing™ eMortgage solution meets both GSEs' technical requirements for eClosing, eNote and eVault functionality and has been tested for compatibility with the GSEs' respective eNote delivery systems.

eMortages are faster, offer improved data quality and can be cheaper to execute than traditional mortgages. Now, approved Fannie Mae and Freddie Mac Seller/Servicers desiring to deliver eMortgages to Fannie Mae and Freddie Mac can use Nexus Closing to create and submit eMortgages to both GSEs. Lenders that work with a pre-tested eMortgage vendor like SimpleNexus can expedite the GSE approval process to deliver eMortgages.

"Nexus Closing gives lenders the flexibility to make the closing experience as digital as they want," said SimpleNexus CEO Cathleen Schreiner Gates. "In addition to giving borrowers more time to review and understand closing documents, Nexus Closing offers lenders substantial ROI with improved operational efficiency, increased data integrity and faster delivery of loans to the secondary market."

Nexus Closing™ provides borrowers a memorably modern closing experience as part of an end-to-end, single-sign-on homebuying experience that increases repeat and referral business. The solution comes with integrated remote online notarization (RON) and eSigning, automatic generation of a tamper-sealed eNote document and delivery of the eNote into a secure eVault for delivery to the MERS® eRegistry.

To view Fannie Mae's complete eClosing Technology Service Provider List, visit: https://singlefamily.fanniemae.com/applications-technology/eclosings-emortgages

To view Freddie Mac's Reviewed Vendor List for eMortgage, visit: https://sf.freddiemac.com/working-with-us/electronic-loan-documents/reviewed-vendor-list

For more information about Nexus Closing™ eMortgage, visit: https://www.simplenexus.com/emortgage/

About SimpleNexus, LLC:

SimpleNexus is a homeownership platform transforming the mortgage experience and connecting borrowers, loan officers, real estate agents and settlement service providers throughout the homebuying process. The platforms' native mobile toolset enables lenders to originate, process and close home loans from anywhere with increased efficiency and convenience. Loan officers can manage their loan pipelines, order credit, run pricing, send pre-approvals, sign disclosures and execute eClosings - all on the go. SimpleNexus provides borrowers with a single sign-on experience from home search to the application, document upload, eClose and beyond for a more streamlined homeownership journey.

Learn more at: https://www.simplenexus.com/

Twitter: @SimpleNexus #digitalmortgage #mortgageindustry #mortgagelending #eMortgage #eClosing

SimpleNexus, developer of the leading homeownership platform for loan officers, borrowers, real estate agents and settlement agents, is now a Fannie Mae- and Freddie Mac-reviewed eClosing solution provider. The designation affirms that SimpleNexus' Nexus Closing™ eMortgage solution meets both GSEs' technical requirements for eClosing, eNote and eVault functionality and has been tested for compatibility with the GSEs' respective eNote delivery systems.

Related link: https://simplenexus.com/

DocMagic Named to Inc. 5000 List of Fastest-Growing Private Companies

TORRANCE, Calif. /ScoopCloud/ -- DocMagic, Inc., the premier provider of fully compliant loan document preparation, automated regulatory compliance, and comprehensive eMortgage services, announced that it has been named to the 2021 Inc. 5000 list, the most prestigious ranking of the fastest-growing private companies in the country.

The Inc. 5000 ranks companies by overall revenue growth over a three-year period. Over the past three years, DocMagic achieved a growth rate of 67 percent, due in large part to dramatic increases in adoption of the company's award-winning Total eClose(tm) solution among mortgage lenders.

In the last 18 months, as mortgage lenders faced unprecedented challenges brought on by the pandemic, they increasingly turned to DocMagic's digital mortgage advisory services, remote implementation model, and strategic approach to automating new workflows. DocMagic's extensive subject matter expertise combined with its single-source Total eClose platform has helped numerous lenders successfully meet the many demands of a rapidly changing, high volume market.

"DocMagic has been a market leader for years, so lenders naturally turn to us first when they want to elevate their processes or need to adapt to new circumstances, and that's exactly what's happened since the start of the pandemic," said Dominic Iannitti, president and CEO of DocMagic. "We're proud of our market strength, which is demonstrated in our three-year growth rate."

An industry pioneer of eMortgage solutions and services, DocMagic launched the industry's first end-to-end eClosing solution in 2014, which included complete automation of the process along with dynamic docs with embedded eSignature capability, data integrity, SMART Doc(r) eNote generation, continuous compliance, and eNotary technology - all from within its single-source platform.

DocMagic has also been recognized for having the highest customer satisfaction levels and greatest adoption of its eClosing solution, as ranked by multiple independent third-party mortgage technology studies.

"We're honored to be named to the 2021 Inc. 5000 list among so many innovative and accomplished companies," said Iannitti. "Early on, we invested heavily in R&D to engineer the right blend of digital mortgage and eClosing technologies. DocMagic's ongoing growth reflects the diligent work and unwavering efforts of our entire company."

"The 2021 Inc. 5000 list feels like one of the most important rosters of companies ever compiled," says Scott Omelianuk, editor-in-chief of Inc. "Building one of the fastest-growing companies in America in any year is a remarkable achievement. Building one in the crisis we've lived through is just plain amazing. This kind of accomplishment comes with hard work, smart pivots, great leadership, and the help of a whole lot of people."

The Inc. 5000 list represents a unique look at the most successful companies within the U.S. economy's most dynamic segment, independent small businesses. Intuit, Dell, LinkedIn, Zillow, Zappos, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.

Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000.

Inc. Methodology

Companies on the 2021 Inc. 5000 are ranked according to percentage revenue growth from 2017 to 2020. To qualify, companies must have been founded and generating revenue by March 31, 2017. They must be U.S.-based, privately held, for-profit, and independent - not subsidiaries or divisions of other companies - as of December 31, 2020. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2017 is $100,000; the minimum for 2020 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to three decimal places. There was one tie on this year's Inc. 5000. Companies on the Inc. 5000 are featured in Inc.'s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/inc5000.

About Inc. Media

The world's most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including web sites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Vision Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.

About DocMagic:

DocMagic, Inc. is the leading provider of fully compliant document generation, automated compliance, eSignature and comprehensive eMortgage solutions for the mortgage industry. Founded in 1987 and headquartered in Torrance, Calif., DocMagic, Inc. develops award-winning software, mobile apps, and web-based systems for the production and delivery of compliant loan document packages. The company's solutions connect industry participants, promote collaboration, and ensure data integrity to execute precision-based digital lending transactions. DocMagic's compliance experts and in-house legal staff consistently monitor legal and regulatory changes at both the federal and state levels to ensure accuracy. For more information on DocMagic, visit https://www.docmagic.com/.

Social: @DocMagic #eClosingLeader #TotaleClose #eMortgageServices #DigitalMortgageFintech #2021Inc5000List

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

DocMagic, Inc., the premier provider of fully compliant loan document preparation, automated regulatory compliance, and comprehensive eMortgage services, announced that it has been named to the 2021 Inc. 5000 list, the most prestigious ranking of the fastest-growing private companies in the country.

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

Blockchain-based, AI-powered mortgage advisor Home Lending Pal raises $2.2M in pre-Series A round led by TMC Emerging Technology Fund LP

SAN DIEGO, Calif. /ScoopCloud/ -- The Mortgage Collaborative (TMC), the nation's largest independent cooperative network serving the mortgage industry, announced today that the TMC Emerging Technology Fund LP (the "Fund") recently led a pre-Series A investment round in Home Lending Pal, a technology-enabled marketplace that focuses on fair lending practices by using artificial intelligence and distributed ledger technology to turn a complex home research and origination process into an easy online shopping experience for both qualified and unqualified borrowers.

Home Lending Pal's platform assists consumers, particularly minorities and millennials, to assess their financial ability to take on a mortgage. It also guides them to take actions to improve their access to mortgage financing and select mortgage originators with whom they want to share their application information based on an AI algorithm that predicts probability to close.

"TMC understands that progressive approaches to addressing fair lending and bridging the homeownership gap are needed, and the unique access the Fund provides to TMC's network of prominent industry lenders will be vital in helping Home Lending Pal build a process that de-identifies HMDA data until after the underwriting decision is made," Bryan Young, co-founder and CEO of Home Lending Pal, said. "This revolutionary technology allows underwriting data to be digitally validated while using a single upload of documentation to enable multiple lenders across the country to determine if they will work with the borrower without human biases from the upfront disclosure of age, sex or race."

"Financial inclusion must start with equal access, borrower data empowerment, and personalized education without sales pressure," said Steven Better, co-founder and COO of Home Lending Pal. "Home Lending Pal reduces origination friction for qualified borrowers and allows personalized roadmaps for unqualified borrowers to become qualified. I am excited to work with TMC to modernize the process by emphasizing fair lending and putting people first."

"The mortgage industry is embracing the idea of providing educational financial resources to consumers long before they begin their home buying journey and seek out lenders for financing options. Home Lending Pal exemplifies this concept by providing a much-needed solution to a pervasive issue," said Jonathan Freed, Managing Partner of Holland Mortgage Advisors and one of the Fund's participating Limited Partners. "We are excited by Home Lending Pal's cutting edge technology and the opportunity to collaborate with their forward-thinking team to improve access to home financing solutions by all consumers."

Orlando-based Angel Syndicate Bluewave Investment Partners, CMFG Ventures, Dallas Cowboys linebacker Jaylon Smith, and CMFG Ventures Discovery Fund are other notable investors who joined the round. Home Lending Pal has raised $3.5 million to date for its digital mortgage advising platform, powered by artificial intelligence and blockchain. Home Lending Pal will demonstrate the next phase to the Consumer Financial Protection Bureau (CFPB) in early September and release it to the public for consumer use and feedback by late September.

The Limited Partners of the TMC Emerging Technology Fund consist of some of the most technology-forward lender members of TMC who evaluate and invest in companies looking to advance the mortgage industry. The Fund continues to look for investment opportunities that will result in higher profitability and business process improvement for TMC lender members.

About The Mortgage Collaborative

Based in San Diego, Calif., The Mortgage Collaborative was founded in 2013 by four notable industry leaders and is the nation's largest independent mortgage cooperative network. TMC is singularly focused on creating an environment of collaboration and innovation for small to mid-size mortgage lenders across the country to reduce cost, increase profitability, and better serve the dynamic and changing consumer base in America. For more information, visit http://www.mortgagecollaborative.com/.

The Mortgage Collaborative (TMC), the nation's largest independent cooperative network serving the mortgage industry, announced today that the TMC Emerging Technology Fund LP (the "Fund") recently led a pre-Series A investment round in Home Lending Pal, a technology-enabled marketplace .

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

Nomis Solutions Introduces Margin Setter Dashboard, Adjusts Mortgage Rate Data Refresh Frequency in Latest Product Update

SAN FRANCISCO, Calif. /ScoopCloud/ -- Nomis Solutions (Nomis), a global, industry-leading pricing and profitability management solutions provider, recently introduced several product enhancements to its mortgage technology solution, further enhancing the market intelligence and actionable pricing capabilities available to its mortgage lending clients. Updated data frequency and enhanced coverage further expand users' view into the granular pricing intel needed to compete more effectively in local markets, and brand-new Margin Setter functionality enables users to better maintain a strategic and competitive market position, despite a constantly shifting landscape.

The newly released, intuitive Margin Setter dashboard enables mortgage lenders to maintain the most strategic market position month-over-month. Utilizing the more than 35 million data pricing points Nomis collects daily, Margin Setter provides users with a visual reference of where and how to adjust margins for their conforming loan products based on their unique performance and benchmarking goals. These actionable recommendations can be easily applied as loan amount and state margin adjustments within the margin management tools of a user's product and pricing engine (PPE) to ensure they maintain their desired position across all markets.

Nomis also made adjustments to the frequency with which its solution updates daily rate data to more closely align the refresh rate with dynamic market changes. In addition to this enhanced alignment, users now have access to data for another 30 new metropolitan statistical areas (MSAs), thus delivering even more granular pricing intel to enable them to compete more effectively on a local market level.

"Our goal is to provide mortgage lenders with actionable and value-backed insights from day one of their integration with us so that they can make smarter, more profitable pricing decisions," explained Prashant Balepur, senior vice president of product at Nomis Solutions. "With the addition of Margin Setter and the adjustments to our data refresh frequency, our users can now extract even more rate and pricing intelligence, enabling them to further refine their pricing strategies based on local market conditions to achieve their optimal market position goals."

Nomis' sophisticated mortgage technology solution provides real-time pricing analytics and competitive intelligence, enabling leading mortgage lenders to identify and quickly act on market opportunities, strengthen customer relationships, optimize internal operations and maximize profitability. With Nomis, mortgage lenders save time and resources, experience an increase in lead-to-application conversion rates, and can more accurately identify and react to profitable opportunities.

About Nomis Solutions

Nomis Solutions is a global, industry-leading pricing and profitability management solutions provider that delivers competitive intelligence to bankers and mortgage lenders to facilitate more advanced pricing strategies. The company's analytics platform and end-to-end pricing tools enable retail banks and mortgage lenders to achieve customer- and borrower-centric pricing backed by real-time, actionable data. The platform also supports banks and mortgage lenders in their understanding and anticipation of the evolving demands of customers and borrowers, competitors, and ever-changing market conditions. For more information, please visit http://www.nomissolutions.com/.

Nomis Solutions (Nomis), a global, industry-leading pricing and profitability management solutions provider, recently introduced several product enhancements to its mortgage technology solution, further enhancing the market intelligence and actionable pricing capabilities available to its mortgage lending clients.

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

Knowledge Coop Appoints Brian Paine as Director of Technology

VANCOUVER, Wash. /ScoopCloud/ -- Knowledge Coop, the industry's top online compliance training and virtual work platform, today announced it has hired Brian Paine as Director of Technology. His responsibilities at Knowledge Coop include maintaining a stable working environment for all of Knowledge Coop's technical operations, including its flagship virtual workspace for centralizing compliance training The Coop; spearheading future tech enhancements and improvements; and ensuring security processes are up-to-date and monitored.

"Brian Paine's decades of experience in the tech industry make him an already invaluable and welcome addition to the Knowledge Coop team," said Knowledge Coop president Ken Perry. "As Knowledge Coop continues to grow, we expect Brian's expertise to play a pivotal role. Brian's experience as security and infrastructure will be particularly valuable as we expand the features and functionality of The Coop."

Paine comes to Knowledge Coop after spending nearly four years at PayPal as both a Security Architect and Infrastructure Architect. Paine has also served in integral technology roles at Entisys360, Western Precooling, Live Nation, Charles Schwab and Nordstrom.

"I look forward to the opportunity to work side-by-side with Ken and the Knowledge Coop team to leverage my 23 years of experience in the tech industry in bringing Ken's extraordinary vision and SaaS platform to unprecedented levels with its current and ever-growing user base," said Paine. "Over the last 13 years, I have watched Ken bring to market a well-thought and extremely customer-centric SaaS learning management system, business social platform and community that serves to enlighten and entertain in very unique, thought-provoking and fun ways.

"This is yet another new and exciting chapter in my career, and I am ready for the next ride and where my Knowledge Coop leadership team peers and I will take it," continued Paine.

About Knowledge Coop

Knowledge Coop has transformed compliance, continuing education and training in the mortgage industry. In addition to creating entertaining and engaging NMLS, pre-licensure and annual compliance training videos, the company has also developed The Coop, a virtual workspace for delivering, tracking and reporting on training. Users can also collaborate and communicate with their peers and Knowledge Coop's team of compliance experts, thus creating an internal hub for education and expertise. To date, Knowledge Coop has helped more than 100 mortgage and real estate companies and 24,000 users maintain compliance with federal and state continuing education requirements as well as housing finance rules and regulations. To learn more, visit https://www.knowledgecoop.com.

Knowledge Coop, the industry's top online compliance training and virtual work platform, today announced it has hired Brian Paine as Director of Technology. His responsibilities at Knowledge Coop include maintaining a stable working environment for all of Knowledge Coop's technical operations.

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

Digital Mortgage Platform Maxwell Ranks #154 on 2021 Inc. 5000 List

DENVER, Colo. /ScoopCloud/ -- Inc. magazine today revealed that Maxwell ranks in the top 3% of its annual Inc. 5000 list of fastest-growing private companies at number 154. Maxwell was also named the 15th fastest-growing software company in the country. The prestigious Inc. 5000 list takes a unique look at the most successful companies within the American economy's most dynamic segment-its independent small businesses. Intuit, Zappos, Under Armour, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.

Maxwell uses technology to streamline and accelerate the mortgage process for lenders serving America's communities and their borrowers. Its AI automation, built on aggregated loan data from its network and real-time data insights, offloads manual tasks for lending teams, helping them focus on high-value work. To date, Maxwell has facilitated over $130 billion in loan volume, closing loans on its platform 45% faster than the national average.

In the past few years, Maxwell has scaled from a point of sale to an increasingly all-inclusive solution for small to midsize lenders. As a part of that journey, Maxwell released its Fulfillment Platform, a benefit for customers that offers tech-enabled onshore processing, underwriting, and closing talent, in May of 2020. Most recently, the company introduced Maxwell Diligence, providing quality control and due diligence solutions. As Maxwell's product offerings expanded and customer demand skyrocketed, the Maxwell employee base grew by more than 14x over the last three years.

"We're thrilled and honored to be included on the 2021 Inc. 5000 list. Our team has worked tirelessly over recent years to add value to lenders serving communities across the country," said Maxwell co-founder and CEO John Paasonen. "No one could have predicted the unique market in 2020. In last year's rapidly changing mortgage market, we were able to deliver products and solutions that helped lenders support their borrowers through an unprecedented time."

Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000. The top 500 companies are featured in the September issue of Inc., which will be available on newsstands on August 20.

About Maxwell

Maxwell empowers mortgage lenders to enhance borrower experience, increase efficiency, and improve their economics by intelligently automating workflow through its digital platform and technology-powered solutions. Hundreds of mortgage lenders, banks, and credit unions nationwide use the Maxwell platform to serve thousands of homebuyers every day. Founded in 2015, Maxwell is a member of the Mortgage Bankers Association and is proud to be built in Denver, Colorado. Learn more at: https://himaxwell.com/.

Inc. magazine today revealed that Maxwell ranks in the top 3% of its annual Inc. 5000 list of fastest-growing private companies at number 154. Maxwell was also named the 15th fastest-growing software company in the country.

Related link: https://himaxwell.com/

Sales Boomerang is 2021’s fastest-growing company in the residential mortgage industry

WASHINGTON, D.C. /ScoopCloud/ -- Sales Boomerang, the mortgage industry's top-rated automated borrower intelligence and retention system, debuted this week on Inc. magazine's Inc. 5000 list, an annual ranking of America's fastest-growing private companies. Sales Boomerang ranked #101 overall, placing the company among the top 3% of all private companies in America based on three-year revenue growth of 3,882% and outpacing every other company in the residential mortgage industry. Sales Boomerang was also recognized as the nation's No. 6 fastest-growing software company and as the No. 4 fastest-growing company based in Maryland.

Sales Boomerang revolutionized the relationship between mortgage lenders and borrowers with the 2017 introduction of the only automated borrower intelligence and retention system that tells lenders exactly when anyone in their database is ready for a loan. To date, Sales Boomerang has helped mortgage lenders discover more than $30B in overlooked loan opportunities and created financial opportunities for tens of thousands of homeowners while pursuing its No Borrower Left Behind(tm) mission.

"All of us at Sales Boomerang are extremely proud to join the Inc. 5000 and especially to make our entrance in the top 3% of private companies nationwide," said Sales Boomerang CEO Alex Kutsishin. "We dedicate this recognition to our amazing customers and team, who have made it possible for us to uplift an entire industry and begin changing the way it relates to - and earns the lifetime loyalty of - borrowers."

"The 2021 Inc. 5000 list feels like one of the most important rosters of companies ever compiled," said Scott Omelianuk, editor-in-chief of Inc. "Building one of the fastest-growing companies in America in any year is a remarkable achievement. Building one in the crisis we've lived through is just plain amazing. This kind of accomplishment comes with hard work, smart pivots, great leadership and the help of a whole lot of people."

Sales Boomerang significantly outperformed the 2021 Inc. 5000's average median three-year growth rate of 543% and joined a prestigious set of companies that together added more than 610,000 jobs to the U.S. economy over the past three years. The complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region and other criteria, can be found at: https://www.inc.com/inc5000. The top 500 companies, including Sales Boomerang, will be featured in the September issue of Inc. magazine, available on newsstands August 20.

About Sales Boomerang:

Sales Boomerang transformed the relationship between mortgage lenders and borrowers with the introduction of the first automated borrower intelligence system in 2017. The company's intelligent alerts notify lenders as soon as a past customer or prospect is ready and credit-qualified for a loan. As the mortgage industry's #1 borrower retention tool, Sales Boomerang is trusted by more than 125 lenders - including brokers, independent mortgage companies, credit unions and banks - to help build lasting borrower relationships that maximize lifetime customer value. To date, Sales Boomerang alerts have enabled lenders to close more than $30 billion in additional loan volume that would have otherwise been overlooked and achieve customer retention rates that outperform industry norms by an average of 3-5X. To learn more about Sales Boomerang and its No Borrower Left Behind(tm) ethos, visit https://www.salesboomerang.com.

About Inc. Media:

The world's most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including web sites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Vision Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit https://www.inc.com/.

@SalesBoomerang @Inc #Inc5000

Sales Boomerang, the mortgage industry's top-rated automated borrower intelligence and retention system, debuted this week on Inc. magazine's Inc. 5000 list, an annual ranking of America's fastest-growing private companies. Sales Boomerang ranked #101 overall, placing the company among the top 3% of all private companies in America based on three-year revenue growth of 3,882% and outpacing every other company in the residential mortgage industry.

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

DocMagic Promotes Chris Lewis to Director of Enterprise Solutions

TORRANCE, Calif. /ScoopCloud/ -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, automated regulatory compliance, and comprehensive eMortgage services, announced that it has promoted Chris Lewis to Director of Enterprise Solutions. The new title reflects the elevated role he has proactively taken at the company in increasing revenue, forging strategic partnerships, and making inroads with large entities and marquee accounts.

"Since joining the DocMagic family in 2016, Chris has done an outstanding job helping clients go "e" and ultimately achieve 100 percent paperless eClosings," stated Dominic Iannitti, President and CEO of DocMagic. "Chris has become one of the mortgage industry's best subject matter experts on eClosings, digital mortgage workflow automation, and supporting solutions. This promotion is well-deserved, and we look forward to supporting his continued success."

In the Director of Enterprise Solutions role, Chris provides highly consultative, analytical, and solution-crafting insight for DocMagic's enterprise accounts to strategically implement its comprehensive Total eClose™ platform, eNotes, and eVaults, among other technologies. He collaborates with top-tier organizations to arrive at approaches to digital mortgage automation that align with their specific business models and long-term goals.

Chris has a rich background in the mortgage industry spanning more than 25 years working for prominent banks, mega lenders, servicers, technology providers, and other key entities in the supply chain. He started his career at Fidelity National Financial (FNF) and held a variety of roles in title insurance, eventually becoming COO over a large nationwide title operation and later migrating to the position of Chief Data Administrator.

In addition, Chris held key roles at several spin-off companies that includes Fidelity Information Services, Loan Portfolio Services, and Black Knight. Prior to joining DocMagic, Chris was Executive Director at JP Morgan Chase where he helped implement new processes and technologies for its Loan Administration Division.

"I am passionate about delivering on the promise of eClosings and digital mortgage workflows and excited about the success our clients are realizing with Total eClose," said Lewis. "At DocMagic, we take a business advisory approach to eClosings, guiding clients to hone their processes and workflows, implement quickly but strategically, and enjoy a smooth launch of the platform. I am elated to continue helping mortgage companies realize newfound digital efficiencies."

About DocMagic:

DocMagic, Inc. is the leading provider of fully compliant document generation, automated compliance, eSignature and comprehensive eMortgage solutions for the mortgage industry. Founded in 1987 and headquartered in Torrance, Calif., DocMagic, Inc. develops award-winning software, mobile apps, and web-based systems for the production and delivery of compliant loan document packages. The company's solutions connect industry participants, promote collaboration, and data integrity to execute precision-based digital lending transactions. The company's compliance experts and in-house legal staff consistently monitor legal and regulatory changes at both the federal and state levels to ensure accuracy.

For more information on DocMagic, visit https://www.docmagic.com/.

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

Social:

@DocMagic #TotaleClose #eClosingExperts #MortgageEnotes #MortgageEvault

DocMagic, Inc., the premier provider of fully-compliant loan document preparation, automated regulatory compliance, and comprehensive eMortgage services, announced that it has promoted Chris Lewis to Director of Enterprise Solutions. The new title reflects the elevated role he has proactively taken at the company in increasing revenue, forging strategic partnerships, and making inroads with large entities and marquee accounts.

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

Leading Digital Mortgage Platform Maxwell Named a 2021 Best Place to Work by Denver Business Journal

DENVER, Colo. /ScoopCloud/ -- Maxwell, a leading digital mortgage and fulfillment platform for small to midsize lenders, just announced it was named a 2021 Best Place to Work by Denver Business Journal. The company ranked sixth in the medium-sized category.

"At Maxwell, we've worked really hard to intentionally build our team culture. We put our company values at the forefront of everything we do, whether hiring or making business decisions," said Christie Grix, Maxwell's VP of People.

"Over the last year, we've grown by over 200 employees across the United States. We added the vast majority of those new team members while in a remote setting. This award is so meaningful because it shows the work we're putting into building and maintaining our culture through rapid growth and pandemic-related challenges is paying off."

Denver Business Journal Best Places to Work recognizes workplaces across various industries for their commitment to creating and maintaining a thriving, engaged culture. This year's winners showed additional dedication to keeping employees connected despite work-from-home settings and 2020's unique demands.

To select winners, Denver Business Journal partnered with Quantum Workplace to conduct an employee engagement survey measuring 10 key engagement categories. Those criteria included team effectiveness, trust in senior leaders, feeling valued, manager effectiveness, compensation, and benefits. Based on those results, Denver Business Journal chose 65 winners across the Denver metropolitan area.

Click here to view Denver Business Journal's full list of 2021 Best Places to Work: https://www.bizjournals.com/denver/news/2021/05/06/dbj-2021-best-places-to-work-extra-large-giant.html

To view job openings at Maxwell, click here: https://www.himaxwell.com/careers

To learn about Maxwell's comprehensive features for community lenders, including point-of-sale and fulfillment solutions, visit https://himaxwell.com/.

About Maxwell

Maxwell empowers mortgage lenders to enhance borrower experience, increase efficiency, and improve their economics by intelligently automating workflow through its digital platform and technology-powered services. Hundreds of mortgage lenders, banks, and credit unions nationwide use the Maxwell platform to serve thousands of homebuyers every day. Founded in 2015, Maxwell is a member of the Mortgage Bankers Association and is proud to be built in Denver, Colorado. Since 2017, it has been named one of the most innovative companies in real estate by HousingWire Magazine. Learn more: https://himaxwell.com/features.

Maxwell, a leading digital mortgage and fulfillment platform for small to midsize lenders, just announced it was named a 2021 Best Place to Work by Denver Business Journal. The company ranked sixth in the medium-sized category.

Related link: https://himaxwell.com/

FormFree Announces Agreement with Lenders One to Offer Products to Member Base

ATHENS, Ga. /ScoopCloud/ -- FormFree® today announced it has entered into an agreement with Lenders One®, a national alliance of independent mortgage bankers and service providers, to offer its product set to the Lenders One Mortgage Cooperative. Through the relationship, FormFree will offer Lenders One members access to automated borrower verification tools that enhance the customer experience and optimize lender business operations.

A national mortgage cooperative, Lenders One serves more than 240 banks, credit unions and independent mortgage bankers. Lenders One provides its members with special access to a network of premier mortgage technology, service vendors and solutions. Through its relationship with FormFree, Lenders One members may now enjoy special access to AccountChek 3n1, the award-winning digital asset, income and employment reporting service.

"We are pleased to offer Lenders One members improved origination efficiency and reduced per-loan costs with special access to AccountChek 3n1's combined VOA and VOIE reporting," said FormFree CEO Brent Chandler. "With consumer-permissioned access to direct source account data, 3n1 offers borrowers a modern, simplistic lending experience while significantly reducing the risk of fraud for lenders."

"We are excited to add FormFree to our Reseller platform," said Lenders One President Justin Demola, CMB. "Our team at Lenders One seeks out solutions to bolster members' business and create everyday efficiencies and cost savings. FormFree will add tremendous value to our strong platform."

About FormFree®

FormFree® is a market-leading fintech company whose revolutionary products AccountChek® and Passport® make for a more inclusive credit decisioning landscape by enabling lenders to understand people's true ability to pay (ATP®). To date, thousands of U.S. lenders and brokers have ordered millions of FormFree's patented verification reports representing trillions of dollars in loan verifications. FormFree delights borrowers and lenders with a paperless experience, dramatically reduces origination timelines and offers automated analysis and standardized delivery to lenders and investors using a secure ReIssueKey®. For more information, visit https://www.formfree.com/ or follow FormFree on LinkedIn.

About Lenders One® Cooperative

Lenders One (LendersOne.com) was established in 2000 as a national alliance of independent mortgage bankers, banks, credit unions, correspondent lenders and suppliers of mortgage products and services. Participants on the Lenders One platform originated approximately $730 billion of mortgages during 2020, collectively ranking as one of the largest retail mortgage entities in the U.S. Lenders One is managed by a subsidiary of Altisource Portfolio Solutions S.A.

Twitter: @LendersOne @RealFormFree @Altisource #mortgageindustry #fintech #digitalmortgage

FormFree® today announced it has entered into an agreement with Lenders One®, a national alliance of independent mortgage bankers and service providers, to offer its product set to the Lenders One Mortgage Cooperative. Through the relationship, FormFree will offer Lenders One members access to automated borrower verification tools that enhance the customer experience and optimize lender business operations.

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

NotaryCam Partners with Texas Mortgage Law Firm, RUTH RUHL, P.C., to Add RON to Firm’s Loss Mitigation Services

NEWPORT BEACH, Calif. /ScoopCloud/ -- NotaryCam®, a Stewart-owned company and a pioneering provider of remote online notarization and identity verification / authentication technology for real estate and legal transactions, today announced it has partnered with RUTH RUHL, P.C., a Texas-based law firm, to add security and automation to the firm's loss mitigation services through remote online notarization (RON).

RUTH RUHL, P.C., works with mortgage servicers and subservicers in all 50 states to provide state and federally compliant loss mitigation document preparation services. Using NotaryCam's RON platform, RUTH RUHL, P.C., will provide its clients with a secure eSign and eNotary process that improves efficiency while, most importantly, reduces the risk of fraud.

"RON is readily available with loan originations, but the concept of RON for loss mitigation is now coming to fruition," Ruth Ruhl, founder and president of RUTH RUHL, P.C., said. "I want RUTH RUHL, P.C., to be ahead of the curve and able to service my clients in a proactive manner. Partnering with NotaryCam provides a solution to my clients' time and money; it will all be paperless."

"One of the great things about RON is that we're finding new ways to use the technology every day," said NotaryCam Division President Rick Triola. "NotaryCam is honored to work with RUTH RUHL, P.C., to advance eSign and eNotarization education and implementation in the mortgage industry. All aspects of the mortgage industry stand to benefit from increased technology, and we are proud to be an innovator in bringing RON to the loss mitigation sector."

NotaryCam engages multiple forms of identity authentication and verification methods and provides audio and video recording of each notarization. NotaryCam's platform also allows multiple parties to join the signing ceremony in person or from anywhere in the world and is supported by a robust, nationwide network of trained eNotaries available 24/7/365 to ensure a seamless, error-free notarization.

"Two of the factors that made this partnership with NotaryCam so attractive is the security of the platform and how it verifies the borrower's identity," continued Ruhl. "In my opinion, reducing the risk of fraud is key to my client's comfort level. The audio and video of the notary session, in my mind, helps to alleviate that risk. With NotaryCam, the notary is properly trained and understands the importance of the accuracy of both the borrower's signature and the electronic notary. Rick and I have the same commitment to our clients - excellence and customer service."

About NotaryCam, a Stewart Company

After pioneering the world's first multi-party/multi-state remote online notarization (RON), career real estate executive Rick Triola founded NotaryCam and completed the first mortgage remote online closing (ROC) in 2014. Today, NotaryCam, a Stewart-owned company, is the leader in online notarization and mortgage eClosing solutions, having notarized documents worldwide for hundreds of thousands of customers in all 50 states and more than 146 countries.

The company's patented eClose360® platform delivers the "perfect" online mortgage closing in every jurisdiction and supports all eClosing scenarios - RON, IPEN or Hybrids - with a flexible workflow for document recording and unparalleled identity verification, security and customer convenience. In addition to real estate transactions, NotaryCam provides RON services for the execution of electronic wills (eWills), legal docs (i.e. power of attorneys) and Apostilles. The company also proudly maintains an industry-leading 99.8 percent customer satisfaction rating.

Visit https://www.notarycam.com for additional information or to get a document notarized today.

@NotaryCam #ROC #RON #digitalmortgage #emortgage #eclosing #enotary

NotaryCam®, a Stewart-owned company and a pioneering provider of remote online notarization and identity verification / authentication technology for real estate and legal transactions, today announced it has partnered with RUTH RUHL, P.C., a Texas-based law firm, to add security and automation to the firm's loss mitigation services through remote online notarization (RON).

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

Sales Boomerang releases Q2 2021 Mortgage Market Opportunities Report

WASHINGTON, D.C. /ScoopCloud/ -- Sales Boomerang, the mortgage industry’s top-rated automated borrower intelligence and retention system, today released its inaugural Mortgage Market Opportunities Report. According to the report, refinance opportunities continue to dominate the market, but a promising uptick in new listings was also evident in the Q2 data. Mortgage servicers will need to closely manage their default and foreclosure risk in the coming months, as the second quarter saw nearly two out of five customers trigger a risk-and-retention alert.

Methodology

The Mortgage Market Opportunities Report draws on Sales Boomerang system data to identify market opportunities of relevance to today's borrowers and lenders. To generate the report, Sales Boomerang reviewed data from more than 125 residential mortgage lenders that use its borrower intelligence and retention tools to monitor millions of customer and prospect records. Sales Boomerang then calculated the aggregate frequency with which those contact records triggered loan-opportunity and risk-and-retention alerts during the first and second quarters of 2021.

Key Findings*

Across the sample group, the frequency of each alert type in Q2 2021 was as follows:

* Mortgage Inquiry Alert: 5.87% of monitored contacts (down 33.97% from Q1)

A customer or prospect has shopped with a competitor in the last 24 hours.

* EPO Alert: 2.43% of monitored contacts (down 24.30% from Q1)

A customer or prospect whose loan closed ≤ 6 months ago has shopped with a competitor in the last 24 hours.

* Credit Improvement Alert: 2.20% of monitored contacts (up 41.94% from Q1)

A customer or prospect has improved their FICO score.

* New Listing Alert: 1.37% of monitored contacts (up 163.46% from Q1)

A customer or prospect has listed their home for sale.

* Equity Alert: 8.55% of monitored contacts (down 0.70% from Q1)

A customer or prospect's home equity has increased.

* Rate Alert: 13.33% of monitored contacts (up 31.85% from Q1)

The interest rate of a customer or prospect's existing mortgage is significantly higher than current prevailing rates.

For a subset of lenders that maintain servicing portfolios, the frequency of risk-and-retention alerts was as follows:

* Risk & Retention Alert: 36.63% of monitored contacts (down 5.69% from Q1)

A customer is engaging in one or more of 15 credit activities that may put their serviced loan at risk.

Analysis*

* Though New Listing alerts occurred in less than 2% of the sample data set, this alert type also saw the greatest quarter-over-quarter growth (163%). With home listings on the rise, we may be seeing the first signs of the purchase market's long-awaited reawakening.

* Refi opportunities continue to bear fruit; thanks to continued low interest rates, more than 13% of all contacts in the sample data set triggered a Rate alert in Q2, a 32% improvement over the previous quarter. But with Mortgage Inquiry alerts down nearly 34% quarter-over-quarter, lenders may need to proactively reach out to potential refi customers who aren't shopping for rates with the same gusto as they were at the beginning of the year.

* Equity alerts remained steady quarter-over-quarter, triggering for about 1 in 12 contacts (9%) in the sample data set.

* Risk & Retention was the most frequently triggered alert across the sample data set (37%). This result may be partially attributable to the sensitive nature of the Risk & Retention alert, which is triggered by any of 15 consumer behaviors that place a borrower in danger of missing a mortgage payment. The high frequency of this alert also underscores the nation's uneven economic recovery in the wake of the coronavirus pandemic, as more than 9.5 million people remain unemployed and around 2.5 million homeowners are in forbearance plans.

"Industry experts have been pushing the idea that the refinance market has dried up since early 2021, but our data shows that plenty of borrowers still have the opportunity to improve their rates," said Sales Boomerang CEO Alex Kutsishin. "Meanwhile, the housing inventory shortages that have stymied the purchase market's potential may finally be turning a corner, as our customers saw significant gains in new listings in Q2."

*Key findings and analysis provided for informational purposes only. The data represented in the Mortgage Market Opportunities report is historical. Past performance is not a reliable indicator of future results. Sales Boomerang accepts no responsibility or liability for readers' use of the key findings or analysis included in this report.

About Sales Boomerang:

Sales Boomerang transformed the relationship between mortgage lenders and borrowers with the introduction of the first automated borrower intelligence system in 2017. The company's intelligent alerts notify lenders as soon as a past customer or prospect is ready and credit-qualified for a loan. As the mortgage industry's #1 borrower retention tool, Sales Boomerang is trusted by more than 125 lenders - including brokers, independent mortgage companies, credit unions and banks - to help build lasting borrower relationships that maximize lifetime customer value. To date, Sales Boomerang alerts have enabled lenders to close more than $30 billion in additional loan volume that would have otherwise been overlooked and achieve customer retention rates that outperform industry norms by an average of 3-5X. To learn more about Sales Boomerang and its No Borrower Left Behind(tm) ethos, visit https://www.salesboomerang.com.

@SalesBoomerang

Sales Boomerang, the mortgage industry’s top-rated automated borrower intelligence and retention system, today released its inaugural Mortgage Market Opportunities Report. According to the report, refinance opportunities continue to dominate the market, but a promising uptick in new listings was also evident in the Q2 data. Mortgage servicers will need to closely manage their default and foreclosure risk in the coming months, as the second quarter saw nearly two out of five customers trigger a risk-and-retention alert.

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

SimpleNexus expands C-suite under leadership of Cathleen Schreiner Gates

LEHI, Utah /ScoopCloud/ -- SimpleNexus (https://simplenexus.com/), developer of the leading homeownership platform for loan officers, borrowers, real estate agents and settlement agents, today announced new executive appointments in operations, revenue generation and customer success. With this restructure, recently appointed CEO Cathleen Schreiner Gates deepens the tech firm's organizational chart and adds her stamp to an executive team focused on elevating the homeownership experience.

"SimpleNexus' continued success requires a corresponding commitment to ensuring the proper strategic-level thinking and oversight are in place in all aspects of the company," said SimpleNexus CEO Cathleen Schreiner Gates. "I've hand-selected these proven team members to help drive our strategy and prepare for future growth."

THE PROMOTIONS AND ORGANIZATIONAL CHANGES INCLUDE:

Kevin McKenzie, Chief Operating Officer (COO)

McKenzie, who is also the firm's chief financial officer (CFO), will absorb the responsibilities of COO, including oversight of human resources, information technology, legal, corporate development and facilities.

John Aslanian, Chief Revenue Officer (CRO)

Aslanian's promotion from senior vice president of sales to CRO recognizes his contributions to two years of record-breaking revenue growth for the firm. He joined SimpleNexus in 2019 as an established sales veteran with more than two decades of experience in the mortgage and software industries.

Andria Lightfoot, Chief Customer Officer (CCO)

Lightfoot, who joined SimpleNexus in March of this year as vice president of professional services, has leveraged her deep mortgage expertise to drive adoption of digital eClosing. As CCO, Lightfoot will oversee all customer-centric activities of SimpleNexus' customer division including, professional services, customer success, support, training, and integration engineering. Pam Faulkner, formerly director of mortgage solutions, will join Lightfoot's team as a vice president of customer journey.

About SimpleNexus, LLC:

SimpleNexus is a homeownership platform transforming the mortgage experience and connecting borrowers, loan officers, real estate agents and settlement service providers throughout the homebuying process. The platforms' native mobile toolset enables lenders to originate, process and close home loans from anywhere with increased efficiency and convenience. Loan officers can manage their loan pipelines, order credit, run pricing, send pre-approvals, sign disclosures and execute eClosings - all on the go. SimpleNexus provides borrowers with a single sign-on experience from home search to the application, document upload, eClose and beyond for a more streamlined homeownership journey.

Learn more at: https://www.simplenexus.com/

Twitter: @SimpleNexus #digitalmortgage #mortgageindustry #mortgagelending

SimpleNexus, developer of the leading homeownership platform for loan officers, borrowers, real estate agents and settlement agents, today announced new executive appointments in operations, revenue generation and customer success.

Related link: https://simplenexus.com/

Oklahoma Bankers Association Endorses Promontory MortgagePath’s Mortgage Fulfillment Services and POS Technology

DANBURY, Conn. /ScoopCloud/ -- Promontory MortgagePath LLC, a leading provider of comprehensive digital mortgage and fulfillment solutions, announced today the Oklahoma Bankers Association (OBA) has officially endorsed its mortgage fulfillment services and proprietary point-of-sale technology Borrower Wallet®.

OBA recognized Promontory MortgagePath's mortgage technology and end-to-end fulfillment services for their ability to help its members reduce mortgage origination expenses while allowing them to retain a full mortgage product suite. By shifting fixed mortgage-operations costs to a variable cost model through Promontory MortgagePath, community banks can augment their staffing needs to match the ebb and flow of the mortgage market.

"OBA's mission is to ensure Oklahoma's robust banking community possesses the tools it needs to support its communities and few support a community like increased homeownership," said OBA President and CEO Adrian Beverage. "Promontory MortgagePath's mortgage technology and fulfillment services will deepen our community banks' capacities to serve their communities while also providing stability and longevity through increased access to homeownership."

Founded by former U.S. Comptroller of Currency Gene Ludwig, Promontory MortgagePath began with a commitment to empower community banks to participate profitably in mortgage lending. By offering mortgage technology and end-to-end fulfillment services, Promontory MortgagePath helps community banks build franchise value and expand relationships with their customers while establishing mortgage businesses that can withstand all market conditions. Although Promontory MortgagePath provides both the technology - including a POS and LOS - and back-office operational support, such as processors, underwriters and closers, community banks require to profitably grow their businesses, all loans are issued in the bank's name, and the bank retains control over the product mix and pricing, ensuring mortgage operations remain in line with the bank's overall risk appetite and growth plans.

"Our solution amplifies a core strength of community banks - outstanding customer service - by adding a digital platform and comprehensive fulfillment services," said Paul Katz, managing director and head of bank relations at Promontory MortgagePath. "We're excited to partner with OBA to bring a profitable, efficient, and compliant mortgage solution to its member banks."

About Oklahoma Bankers Association

For more than 100 years, Oklahoma banks have relied upon the Oklahoma Bankers Association to address their changing needs and challenges. Today, OBA serves approximately 200 member banks located statewide. Based in Oklahoma City, the OBA assists its members with government relations, educational programs, legal and compliance services, communications, insurance products and numerous products and services. The OBA works with banks to ensure they have the tools they need to support their communities and provides fraud training programs to banks at no charge, as well as financial literacy programs to communities across the state and so much more. The OBA owns two subsidiaries - the OBA Services Company and the OBA Insurance Agency, which specialize in products and services for the banking industry. While the OBA offers a wide variety of services and benefits to its members, it's efforts can be summed up in four simple words: We Make Bankers Better! For more information, visit https://www.oba.com.

About Promontory MortgagePath LLC | 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 business. The company combines an intuitive, collaborative digital mortgage platform with modern, comprehensive fulfillment services, giving lenders the progressive technology and scalability required to profitably compete in today's rapidly changing residential mortgage market. Promontory MortgagePath's founder, former U.S. Comptroller of the Currency Gene Ludwig, is widely recognized as a visionary thinker on the critical issues confronting financial services, and his companies are renowned for helping community lenders resolve their most pressing challenges. To learn more, visit https://www.mortgagepath.com.

Promontory MortgagePath LLC, a leading provider of comprehensive digital mortgage and fulfillment solutions, announced today the Oklahoma Bankers Association (OBA) has officially endorsed its mortgage fulfillment services and proprietary point-of-sale technology Borrower Wallet®.

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

FormFree integrates AccountChek 3n1 one-stop VOE/VOIE into Encompass®

ATHENS, Ga. /ScoopCloud/ -- FormFree® has partnered with ICE Mortgage Technology™, part of Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure,  to make its AccountChek 3n1 asset, income and employment verification service available in Encompass®, the mortgage industry's leading cloud-based loan origination platform.

The seamless API integration allows lenders to order, manage and review verification of asset (VOA) and verification of income/employment (VOIE) reports with a single provider selection in Encompass. By consolidating VOA and VOIE orders through a single vendor, mortgage lenders improve efficiency in the loan origination process, reduce per-loan costs and streamline vendor due diligence.

FormFree's AccountChek 3n1 securely delivers direct-source VOA and VOI/E data in less than a minute, significantly shortening loan application timelines and collecting critical underwriting documents earlier in the application process.

VOA (Asset Report)

For over 10 years, FormFree VOA has helped borrowers skip the paper chase when qualifying for a loan. Borrowers send their direct-source financial data straight to lenders in an underwriting-friendly format that reduces delays, manual errors and fraud risk. Real-time insight into borrowers' assets, income and employment enables better credit decisioning.

Key features include:

* Average connection time of just 22 seconds

* Available with 30, 60, 90 and 180-day refresh periods

* Government-sponsored enterprise (GSE) rep and warrant relief eligible

VOIE (Income and Employment Report)

Several of today's popular VOI and VOE solutions have a success rate of less than 50%, requiring lenders to fall back on manual verification processes that are slow and result in a diminished borrower experience. FormFree's VOIE product covers 85% of all U.S. workers (over 100 million wage earners), saving lenders time and improving margins.

Key features include:

* Flat pricing significantly lower than market alternatives

* Up to 6 most recent pay stubs and 2 years of W-2s

* One free report refresh prior to close

"Now mortgage lenders can get all three core verifications - assets, income and employment - from one trusted partner within the familiar Encompass environment," said FormFree CEO Brent Chandler. "By combining VOA and VOIE, FormFree's AccountChek 3n1 eliminates the cost and headache of managing multiple vendors, helps loan teams work more efficiently and delivers a world-class borrower experience that expedites pre-approvals and increases loan pull-through."

About FormFree®

FormFree® is a market-leading fintech company whose revolutionary products AccountChek® and Passport® make for a more inclusive credit decisioning landscape by enabling lenders to understand people's true ability to pay (ATP®). To date, thousands of U.S. lenders and brokers have ordered millions of FormFree's patented verification reports representing trillions of dollars in loan verifications. FormFree delights borrowers and lenders with a paperless experience, dramatically reduces origination timelines and offers automated analysis and standardized delivery to lenders and investors using a secure ReIssueKey®. For more information, visit https://www.formfree.com/ or follow FormFree on LinkedIn.

ICE Mortgage Technology combines technology, data and expertise to automate the entire mortgage process from consumer engagement through loan registration and every step and task in between. ICE Mortgage Technology is the leading cloud-based loan origination platform provider for the mortgage industry with solutions that enable lenders to originate more loans, lower origination costs, and reduce the time to close, all while ensuring the highest levels of compliance, quality, and efficiency. Visit https://www.icemortgagetechnology.com/ or call (877) 355-4362 to learn more.

About Intercontinental Exchange

Intercontinental Exchange, Inc. (NYSE: ICE) is a Fortune 500 company that designs, builds and operates digital networks to connect people to opportunity. We provide financial technology and data services across major asset classes that offer our customers access to mission-critical workflow tools that increase transparency and operational efficiencies. We operate exchanges, including the New York Stock Exchange, and clearing houses that help people invest, raise capital and manage risk across multiple asset classes. Our comprehensive fixed income data services and execution capabilities provide information, analytics and platforms that help our customers capitalize on opportunities and operate more efficiently. At ICE Mortgage Technology, we are transforming and digitizing the U.S. residential mortgage process, from consumer engagement through loan registration. Together, we transform, streamline and automate industries to connect our customers to opportunity.

Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange. Information regarding additional trademarks and intellectual property rights of Intercontinental Exchange, Inc. and/or its affiliates is located here: https://www.intercontinentalexchange.com/terms-of-use. Key Information Documents for certain products covered by the EU Packaged Retail and Insurance-based Investment Products Regulation can be accessed on the relevant exchange website under the heading "Key Information Documents (KIDS)."

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 -- Statements in this press release regarding ICE's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE's Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors in ICE's Annual Report on Form 10-K for the year ended December 31, 2020, as filed with the SEC on February 4, 2021.

Twitter: @RealFormFree @ICEMortgageTech #mortgageindustry #fintech #digitalmortgage

FormFree® has partnered with ICE Mortgage Technology™, part of Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure,  to make its AccountChek 3n1 asset, income and employment verification service available in Encompass®, the mortgage industry's leading cloud-based loan origination platform.

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

MobilityRE welcomes mortgage technology leader Jonas Kruckeberg as director of growth and client success

SALT LAKE CITY, Utah /ScoopCloud/ -- MobilityRE, a leader in real estate intelligence technologies for mortgage lenders and real estate agents, today announced it has appointed mortgage technology leader Jonas Kruckeberg as director of growth and client success. In this role, Kruckeberg will strengthen customer engagement for the company's flagship product, Mobility Market Intelligence (MMI). Kruckeberg will also oversee sales and customer success.

For 18 years, Kruckeberg has been driving sales and forging strategic partnerships at marquee mortgage technology firms. Notably, Kruckeberg helped grow Top of Mind into the mortgage industry's most used customer relationship management (CRM) and marketing automation platform, holding positions during his nine-year tenure as vice president of sales and executive vice president of strategic partnerships and industry relationships. Immediately before joining MobilityRE, Kruckeberg served as chief revenue officer at Knowledge Coop, a leading provider of continuing education (CE) training for mortgage lenders.

"We feel incredibly fortunate to have the opportunity to work with a mortgage tech industry veteran as well-established as Jonas," said MobilityRE CEO and Founder Ben Teerlink. "Bringing him on board to spearhead customer engagement and success for MMI is going to help our customers work smarter and grow revenue as the pendulum shifts from red hot refi- to purchase market."

By accessing an unrivaled database of comprehensive real estate and mortgage production data, MMI's enterprise customers can identify partner networks that best support their business objectives, with granular insight into lenders, loan officers and real estate agents by region or individual transactions. As director of growth and client success, Kruckeberg will work closely with customers to ensure that their teams are maximizing every facet of MMI's powerful feature set.

"As a former customer and power user of MMI, it's invigorating to now be on the inside with the ability to directly help our customers turbocharge their strategic data initiatives," said Kruckeberg. "Working side-by-side with Ben and the leadership team here is already giving me flashbacks to my early days with Top of Mind. There's just so much potential; it's enthralling to think we're only scratching the surface. Honestly, the excitement and amazement I see in peoples' eyes when we give them a demo of MMI, that says it all. The data and tech is really unrivaled right now. MMI is a rocket ship, no question about it."

About MobilityRE:

MobilityRE is a market leader in real estate intelligence technology. Headquartered in Salt Lake City, the company's signature product, Mobility Market Intelligence (MMI), provides access to actionable, dependable data for enterprise customers in mortgage lending, real estate, title and related industries. MMI is currently used by over 200 enterprise customers, including 18 of the top-25 lenders in the country.

Visit https://mobilitymi.com/ to learn more.

Twitter: @MobilityRE #digitalmortgage #mortgagelending

MobilityRE, a leader in real estate intelligence technologies for mortgage lenders and real estate agents, today announced it has appointed mortgage technology leader Jonas Kruckeberg as director of growth and client success.

Related link: https://mobilitymi.com/

SimpleNexus integrates with Finicity’s Mortgage Verification Service to give lenders a simpler, faster way to verify borrower assets, income and employment

LEHI, Utah /ScoopCloud/ -- SimpleNexus (https://simplenexus.com/), developer of the leading homeownership platform for loan officers, borrowers, real estate agents and settlement agents, today announced an integration with Finicity's Mortgage Verification Service (MVS) that allows lenders to streamline the verification of applicants' assets, income and employment using a single embedded service.

Finicity (https://www.finicity.com), a Mastercard company and leading provider of open banking solutions, launched MVS in February. The service leverages consumer-permissioned bank and payroll data to provide accurate, real-time insight into a borrower's current assets, income and employment in minutes, without any paperwork. MVS has helped lenders shave up to 12 days off the origination process and is accepted by both Freddie Mac and Fannie Mae, making loans eligible for rep and warrant relief.

SimpleNexus is the first mortgage point-of-sale (POS) platform to offer Finicity's MVS as an integrated solution. Without ever leaving the SimpleNexus mobile app, borrowers can use MVS to complete asset, income and employment verification in a few simple steps that take just minutes to complete. Lenders receive validated payroll, paystub and bank account data in real time and can refresh the data within 10 days of the loan closing as needed to fulfill investor requirements.

"Our integration with Finicity's Mortgage Verification Service delivers GSE-accepted verification of assets, income and employment in one easy interaction," said SimpleNexus Chief Product Officer Shane Westra. "The entire process takes place in minutes within the simple, familiar SimpleNexus app that borrowers and loan officers rely on throughout the homebuying journey."

"Digital experiences that simplify our lives are the rule of the day," said Finicity Chief Product Officer Nick Thomas. "The integration of Finicity's Mortgage Verification Service into the innovative SimpleNexus platform furthers this vision with a simple, intuitive digital process for verifying income, assets and employment in a single online experience."

"By embedding Finicity's income and employment verifications within S1 Connect, just as we previously integrated Finicity's asset verification, we have once again significantly empowered our clients and streamlined the home approval process," said Synergy One CEO Steve Majerus. Synergy One's 275 loan officers use a white-labeled version of SimpleNexus under the S1 Connect moniker.

About SimpleNexus, LLC:

SimpleNexus is a homeownership platform transforming the mortgage experience and connecting borrowers, loan officers, real estate agents and settlement service providers throughout the homebuying process. The platforms' native mobile toolset enables lenders to originate, process and close home loans from anywhere with increased efficiency and convenience. Loan officers can manage their loan pipelines, order credit, run pricing, send pre-approvals, sign disclosures and execute eClosings - all on the go. SimpleNexus provides borrowers with a single sign-on experience from home search to the application, document upload, eClose and beyond for a more streamlined homeownership journey.

About Finicity:

Finicity, a Mastercard company, helps individuals, families and organizations make smarter financial decisions through its safe and secure access to fast, high-quality data. The company provides a proven and trusted open banking platform that puts consumers in control of their financial data, transforming the way we experience money for everything from budgeting and payments to investing and lending. Finicity partners with influential financial institutions and disruptive fintech providers alike to give consumers a leg up in a complicated financial world, helping to improve financial literacy, expanding financial inclusion and ultimately leading to better financial outcomes. Finicity is headquartered in Salt Lake City, Utah. To learn more or test drive its API, visit https://www.finicity.com.

Twitter: @SimpleNexus @finicity

SimpleNexus, developer of the leading homeownership platform for loan officers, borrowers, real estate agents and settlement agents, today announced an integration with Finicity's Mortgage Verification Service (MVS) that allows lenders to streamline the verification of applicants' assets, income and employment using a single embedded service.

Related link: https://simplenexus.com/

Maxwell Announces Launch of MaxDiligence, a Tech-Powered Due Diligence and Quality Control Service for Lenders

DENVER, Colo. /ScoopCloud/ -- Today, leading digital mortgage platform Maxwell released MaxDiligence, a new offering that provides Due Diligence and Quality Control services for its clients. The latest feature in Maxwell's suite of tools designed for community lenders, MaxDiligence is a new scalable way to gain efficiency and generate reliable results. This service uses tech-powered features alongside an experienced team of industry veterans to save lenders time and money across a wide array of asset types.

Through MaxDiligence, Maxwell can create a custom experience for any transaction type increasing efficiency, minimizing risk, and improving performance. Beyond tech-enabled features that ensure adherence to agency and government guidelines, MaxDiligence also benefits from deep industry expertise. Lenders using the service gain access to Maxwell's staff of seasoned underwriting professionals with a diverse background of loan experience.

MaxDiligence is an important addition to Maxwell's growing set of offerings that help community lenders to gain productivity throughout the lending process. Maxwell's Point of Sale technology recently surpassed $6 billion in monthly loan volume, and our Fulfillment Platform, providing onshore outsourced processing, underwriting, and closing services provides superior operational leverage for lenders. Today, the Maxwell Fulfillment Platform is one of the country's top onshore fulfillment providers. By applying technology learnings from its other features to Due Diligence and QC services, Maxwell is able to offer a more transparent, efficient, and faster process.

"The launch of MaxDiligence is a significant step towards an all-inclusive solution for our clients," said Maxwell President Brian Simons. "Maxwell continues to grow beyond a point-of-sale solutions provider, anticipating and solving the daily challenges community lenders face in the market today. Community lenders have historically been underserved in these offerings, and more recently, lenders both large and small are feeling the pressure with large backlogs in diligence services. MaxDiligence, will provide a significant value, using automation to help our clients focus on streamlining their process."

The MaxDiligence service is spearheaded by some of the industry's most tenured leadership. Sadie Gurley, a veteran with over 25 years of experience managing residential mortgage platforms and a recent addition to Maxwell, will help to head up the new offering. Alongside her is Kyle Waltz, a digital risk expert joining Maxwell from SourcePoint. Together, the MaxDiligence leadership team holds over 75 years of mortgage operational experience.

Learn more: https://himaxwell.com/maxdiligence

About Maxwell

Maxwell empowers mortgage lenders to enhance borrower experience, increase efficiency, and improve their economics by intelligently automating workflow through its digital platform and technology-powered services. Hundreds of mortgage lenders, banks, and credit unions nationwide use the Maxwell platform to serve thousands of homebuyers every day. Founded in 2015, Maxwell is a member of the Mortgage Bankers Association and is proud to be built in Denver, Colorado. Since 2017, it has been named one of the most innovative companies in real estate by HousingWire Magazine.

Learn more: https://himaxwell.com/

Today, leading digital mortgage platform Maxwell released MaxDiligence, a new offering that provides Due Diligence and Quality Control services for its clients. The latest feature in Maxwell's suite of tools designed for community lenders, MaxDiligence is a new scalable way to gain efficiency and generate reliable results.

Related link: https://himaxwell.com/

ICE Mortgage Technology Acquires eVault Technology from DocMagic for Encompass eClose

TORRANCE, Calif. /ScoopCloud/ -- ICE Mortgage Technology™, part of Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today announced it will deploy an eVault solution for secure storage of digital mortgages and notes, based upon technology acquired from DocMagic, Inc.

The eVault technology will be integrated into ICE's mortgage closing platform, Encompass eClose, a leading-edge solution that helps to transform the way loans are electronically closed in the United States. Encompass eClose enables lenders to electronically facilitate every aspect of the eClosing workflow, from ordering documents to delivering loans to investors - and all steps in between - without ever having to leave Encompass, the industry's most recognized loan origination system.

"By creating an end-to-end solution and further automating the mortgage closing process, we're helping the industry transition to paperless closings and enabling more efficient processes for our customers," said Joe Tyrrell, President, ICE Mortgage Technology. "We acquired technology from DocMagic, who has deep experience in the mortgage space, and when this technology is integrated with our other services, Encompass eClose will enable customers to eliminate time and cost in the closing process and create better experiences for borrowers."

"ICE Mortgage Technology and DocMagic have been helping lenders implement digital mortgage processes for years," said Dominic Iannitti, president and CEO of DocMagic. "The migration towards digital mortgages is progressing quickly, and we're happy to have provided ICE with capabilities to enable fully-paperless lending workflows along with better supply chain connectivity."

Both ICE and DocMagic are committed to delivering technology to increase eClosing adoption in the mortgage industry.

ICE Mortgage Technology combines technology, data and expertise to automate the entire mortgage process from consumer engagement through loan registration. Today, more than 3,000 mortgage lenders, 45,000 agents, as well as technology partners and mortgage investors can use the powerful capabilities of ICE Mortgage Technologies solutions to drive efficiencies and profitability for their businesses.

About Intercontinental Exchange:

Intercontinental Exchange, Inc. (NYSE: ICE) is a Fortune 500 company that designs, builds and operates digital networks to connect people to opportunity. We provide financial technology and data services across major asset classes that offer our customers access to mission-critical workflow tools that increase transparency and operational efficiencies. We operate exchanges, including the New York Stock Exchange, and clearing houses that help people invest, raise capital and manage risk across multiple asset classes. Our comprehensive fixed income data services and execution capabilities provide information, analytics and platforms that help our customers capitalize on opportunities and operate more efficiently. At ICE Mortgage Technology, we are transforming and digitizing the U.S. residential mortgage process, from consumer engagement through loan registration. Together, we transform, streamline and automate industries to connect our customers to opportunity.

Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange. Information regarding additional trademarks and intellectual property rights of Intercontinental Exchange, Inc. and/or its affiliates is located here. Key Information Documents for certain products covered by the EU Packaged Retail and Insurance-based Investment Products Regulation can be accessed on the relevant exchange website under the heading "Key Information Documents (KIDS)."

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 -- Statements in this press release regarding ICE's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE's Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors in ICE's Annual Report on Form 10-K for the year ended December 31, 2020, as filed with the SEC on February 4, 2021.

About DocMagic:

DocMagic, Inc. is a leading provider of fully compliant document generation, automated compliance, eSignature and comprehensive eMortgage solutions for the mortgage industry. Founded in 1987 and headquartered in Torrance, Calif., DocMagic, Inc. develops award-winning software, mobile apps, processes, and web-based systems for the production and delivery of compliant loan document packages. The company's solutions connect industry participants, promote collaboration, and data integrity to execute precision-based digital lending transactions. The company's compliance experts and in-house legal staff consistently monitor legal and regulatory changes at both the federal and state levels to ensure accuracy. For more information on DocMagic, visit https://www.docmagic.com/.

© 2021 Ellie Mae, Inc., doing business as ICE Mortgage Technology. All rights reserved. Encompass(r) and the ICE Mortgage Technology logo are trademarks of the entities of ICE Mortgage Technology.

*LOGO link for media (DocMagic): https://www.Send2Press.com/300dpi/21-0611s2p-docmagic-logo-300dpi.jpg

ICE Mortgage Technology™, part of Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today announced it will deploy an eVault solution for secure storage of digital mortgages and notes, based upon technology acquired from DocMagic, Inc.

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

Digital Mortgage Platform Maxwell Adds Industry Veteran Sadie Gurley to its Leadership Team

DENVER, Colo. /ScoopCloud/ -- Leading digital mortgage platform Maxwell just announced the addition of Sadie Gurley as Vice President to its leadership team. Sadie holds over 25 years of experience in the mortgage industry, most specifically in due diligence and quality control services. Her role at Maxwell will help the company find new opportunities and expand its impact on community lenders across the country.

As Maxwell grows beyond a point-of-sale service, it aims to expand its leadership with strategic, highly experienced hires. Sadie is an integral step towards further enhancing Maxwell's current services and spearheading new technology that can save time and money in the loan manufacturing process. Because she deeply understands the challenges lending teams face, Sadie is uniquely equipped to identify new avenues that could benefit the more than 250 community lenders who use Maxwell today.

Sadie comes to Maxwell from Digital Risk, where she headed up diligence services. Previously, she served as VP of Mortgage Bond Trading at Goldman Sachs for over 10 years. Sadie holds a B.A. in Economics from Washington State University and an MBA from New York University's Stern School of Business.

The addition of Sadie comes at a pivotal time of growth for Maxwell. In May of 2020, the company launched its Fulfillment Platform, providing onshore outsourced processing, underwriting, and closing services to help lenders save money and flex with changing market volume. Since its launch, the Maxwell Fulfillment Platform has grown to be a top-three onshore outsourced fulfillment provider in the nation. Meanwhile, Maxwell's digital mortgage platform has reached over $6 billion in monthly loan volume.

"By welcoming Sadie to the team, Maxwell continues on its journey of innovating game-changing solutions designed for community lenders," said Brian Simons, Maxwell President. "Community lenders represent a market historically underserved by service providers. Sadie, with her robust industry knowledge and experience, is ideally suited to help our growing leadership team expand the tools and features we offer to help these lenders compete against the industry's largest players."

About Maxwell

Maxwell empowers mortgage lenders to enhance borrower experience, increase efficiency, and improve their economics by intelligently automating workflow through its digital platform and technology-powered services. Hundreds of mortgage lenders, banks, and credit unions nationwide use the Maxwell platform to serve thousands of homebuyers every day. Founded in 2015, Maxwell is a member of the Mortgage Bankers Association and is proud to be built in Denver, Colorado. Since 2017, it has been named one of the most innovative companies in real estate by HousingWire Magazine. Learn more: https://himaxwell.com/

Leading digital mortgage platform Maxwell just announced the addition of Sadie Gurley as Vice President to its leadership team. Sadie holds over 25 years of experience in the mortgage industry, most specifically in due diligence and quality control services. Her role at Maxwell will help the company find new opportunities and expand its impact on community lenders across the country.

Related link: https://himaxwell.com/

AmeriSave Leveraging DocMagic Technology to Scale Operations, Elevate the Borrower Experience and Maximize Productivity

TORRANCE, Calif. /ScoopCloud/ -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, automated regulatory compliance, and comprehensive eMortgage services, announced that AmeriSave Mortgage Corporation, one of the fastest-growing privately-held mortgage lenders in the nation and a pioneer in digital origination, is utilizing its document preparation solution and Total eClose™ platform to drive digital mortgage efficiency.

AmeriSave has grown exponentially over the past several years, in part, by strategically leveraging DocMagic's technology to establish system-wide interoperability, enterprise scalability, newfound business process efficiencies, elevated customer service, and compliance adherence. DocMagic's document preparation solution, eSigning, and eClosing technology has helped AmeriSave operate smoothly throughout a volume intensive environment and enhanced the self-service borrower experience.

"DocMagic has been a wonderful partner to work with throughout the pandemic and re-fi boom, proving to be a key technology partner that has helped rapidly scale AmeriSave," said AmeriSave CIO, Magesh Sarma. "We look forward to continuing our partnership with DocMagic to establish even more efficiencies for our customers and internal teams."

DocMagic's solutions integrate tightly with AmeriSave's proprietary built loan origination system (LOS), which focuses heavily on streamlining the lending process by removing manual touch points using total workflow automation, task management, event triggers, auto calls to vendors, and more. Many of DocMagic's functions automatically occur at the appropriate time within the workflow of AmeriSave's LOS --- without any human intervention whatsoever. This has maximized employee productivity throughout the lending process, not only with DocMagic but with many of AmeriSave's vendor partners.

AmeriSave has effectively managed its growth by designing and implementing systems and processes that have been paramount to the company's continued success. DocMagic's Total eClose platform has helped AmeriSave expand during the re-fi boom and over the course of the pandemic, with simple and intuitive interfaces for borrowers.

“AmeriSave understands the importance of always ensuring that borrowers have as many options and tools as possible available at their fingertips to walk away with a good experience that ultimately creates repeat business,” stated Dominic Iannitti, president and CEO of DocMagic. “Everything we do at DocMagic places ease of use, simplification, and elegant design as a top innovation priority, which is reflected by AmeriSave’s ongoing achievements. We are elated that AmeriSave is having such immense success with our technology.”

Total eClose™ is DocMagic's single-source eClosing solution. It fully automates the closing workflow while leveraging the precision-based accuracy of its intelligent, dynamic document generation capabilities and compliance engine. DocMagic ensures that data and docs are consistent and accurate throughout the origination and closing process.

AmeriSave has been very successful as an industry leader in digital origination with simplified self-service options for borrowers to engage the loan process directly. Ease of use among DocMagic's solutions was cited by AmeriSave as a key component of the lender's self-service consumer direct lending model. Its early adoption to go digital coupled with the company's commitment to make attaining a home loan as easy as possible for borrowers has been widely recognized and lauded by borrowers. AmeriSave has consistently been ranked a leading lender in the mortgage industry for customer satisfaction, as rated by actual consumers.

Moving forward, AmeriSave has plans to also implement DocMagic's remote online notarization (RON) capability, eNotes, and eVault to establish further lending efficiencies.

About DocMagic:

DocMagic, Inc. is the leading provider of fully compliant document generation, automated compliance, eSignature and comprehensive eMortgage solutions for the mortgage industry. Founded in 1987 and headquartered in Torrance, Calif., DocMagic, Inc. develops award-winning software, mobile apps, processes, and web-based systems for the production and delivery of compliant loan document packages. The company's solutions connect industry participants, promote collaboration, and data integrity to execute precision-based digital lending transactions. The company's compliance experts and in-house legal staff consistently monitor legal and regulatory changes at both the federal and state levels to ensure accuracy. For more information on DocMagic, visit https://www.docmagic.com/.

About AmeriSave Mortgage Corporation:

Founded in 2002, AmeriSave Mortgage Corporation is a leading mortgage lender best known for pioneering the first truly digital mortgage experience to borrowers. With six major loan centers located across the U.S., AmeriSave is a direct to consumer lender, licensed in 49 states and D.C., FNMA, FHLMC, GNMA approved. For more information, visit https://www.amerisave.com/. NMLS ID #1168

MEDIA CONTACT:
Joe Bowerbank
Profundity Communications, Inc. for DocMagic
949-378-9685
jbowerbank@profunditymarketing.com

Social: @DocMagic @AmeriSave #TechSavvyLender #DigitalLendingPioneer #eClosingLeader #TotaleClose

DocMagic, Inc., the premier provider of fully-compliant loan document preparation, automated regulatory compliance, and comprehensive eMortgage services, announced that AmeriSave Mortgage Corporation, one of the fastest-growing privately-held mortgage lenders in the nation and a pioneer in digital origination, is utilizing its document preparation solution and Total eClose™ platform to drive digital mortgage efficiency.

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

FormFree and MX receive 2021 Tearsheet Data Award for Best Data Aggregator/Fintech Partnership

ATHENS, Ga. /ScoopCloud/ -- FormFree® has been named a recipient of the 2021 Tearsheet Data Award for Best Data Aggregator/Fintech Partnership. FormFree was recognized for collaborating with financial data firm MX to improve its customer experience through the implementation of API and token-based connections that speed data retrieval and eliminate vexing multi-factor authentication pop-ups. Together, the companies succeeded in reducing the average aggregation time for FormFree connections by 89 percent.

FormFree automates lenders' verification of loan applicants' assets, income and employment. Since its founding in 2008, FormFree has helped lenders calculate, verify and quantify what consumers can afford for over $2 trillion in mortgage loans.

"FormFree is revolutionizing the credit landscape by capturing a holistic view of each consumer's unique Financial DNA, a process that begins with the retrieval of consumer data from financial institutions and other authoritative sources," said FormFree Founder and CEO Brent Chandler. "Through our partnership with MX, we are continually advancing our data connections in ways that benefit both lenders and consumers, and we are honored to be recognized by Tearsheet for this important work."

The Tearsheet Data Awards identify and celebrate the best work in financial data, ecosystems and alternative data. A panel of industry expert judges evaluated entries in eight categories based on criteria including creativity, innovative thinking, customer value and results.

"We received dozens of entries from some of the best companies in the industry," Tearsheet said in a written statement. "It was very hard to choose single winners from so many qualified submissions."

Winners of the 2021 Data Awards were announced May 27 at Tearsheet's DataDay Conference, an event exploring the challenges and opportunities data aggregators, banks, payment firms and fintechs face as they work to build the rich financial data ecosystems that underpin the modern financial experience. View a complete list of winners here.

About FormFree:

FormFree® is a market-leading fintech company whose revolutionary products AccountChek® and Passport® make for a more inclusive credit decisioning landscape by enabling lenders to understand people's true ability to pay (ATP®). To date, thousands of U.S. lenders and brokers have ordered millions of FormFree's patented verification reports representing trillions of dollars in loan verifications. FormFree delights borrowers and lenders with a paperless experience, dramatically reduces origination timelines and offers automated analysis and standardized delivery to lenders and investors using a secure ReIssueKey®.

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

Twitter: @RealFormFree @tearsheetco @mX #fintech #DataAwards2021

FormFree has been named a recipient of the 2021 Tearsheet Data Award for Best Data Aggregator/Fintech Partnership. FormFree was recognized for collaborating with financial data firm MX to improve its customer experience through the implementation of API and token-based connections that speed data retrieval and eliminate vexing multi-factor authentication pop-ups.

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

LBA Ware welcomes former State Bank vice president Georgia Capalbo to client success team

MACON, Ga. /ScoopCloud/ -- LBA Ware™, a leading provider of incentive compensation management (ICM) and business intelligence (BI) software solutions for the mortgage industry, announced it has tapped former State Bank vice president Georgia Capalbo as client success product liaison. In her new role, Capalbo will assist lenders post-implementation to ensure they are leveraging CompenSafe™ to its fullest potential.

Capalbo possesses 11 years' administrative commercial banking experience, including nine years as a State Bank vice president until the company's 2018 merger with Cadence Bank. Beginning in special assets, Capalbo's role at State Bank expanded to support business intelligence, business analytics and third-party software management, where she served as a liaison between business lines and third-party software vendors to develop productivity and efficiency improvement solutions.

"Georgia's commercial mortgage banking knowledge makes her a powerful addition to the team," said LBA Ware CEO and Founder Lori Brewer. "Now on the inside looking out, Georgia possesses the lender empathy, product knowledge and technical skillset to help our clients flourish."

"I've always admired Lori and the LBA Ware team. She's made such an impact on the industry while growing an amazing company and taking care of her employees," said Capalbo. "I'm thrilled to be a part of such an innovative team and cannot wait to see what we accomplish."

Capalbo's hire and expansion of the client success team speak to LBA Ware's recent growth. In August 2020, LBA Ware onboarded its 100th CompenSafe client and was named an Inc. 5000 fastest-growing company for the second year in a row, climbing more than 1,000 spots over its 2019 ranking.

About LBA Ware™:

LBA Ware is a leading provider of cloud-based software for mortgage lenders. Since 2008, LBA Ware has been on a mission to help mortgage companies reach new heights with software that integrates data, incentivizes performance and inspires results. Today, more than 100 lenders of all sizes, including some of the nation's top producing mortgage companies, use LBA Ware's award-winning technology to enhance lender experiences and maximize the human potential within their organizations. A 2020 Inc. 5000 fastest-growing private company, LBA Ware is headquartered in Macon, Georgia.

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

Twitter: @LBAWare #mortgageindustry #mortgagetechnology #mortgagelending #peoplemovers

LBA Ware™, a leading provider of incentive compensation management (ICM) and business intelligence (BI) software solutions for the mortgage industry, announced it has tapped former State Bank vice president Georgia Capalbo as client success product liaison.

Related link: https://go.lbaware.com/

Atlantic Bay Mortgage Group® Surpasses 10,000 Paperless eClosings with DocMagic’s Total eClose™ Solution

TORRANCE, Calif. /ScoopCloud/ -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, automated regulatory compliance, and comprehensive eMortgage services, announced that Atlantic Bay Mortgage Group®, a national independent mortgage banker, has successfully processed more than 10,000 paperless eClosings. The tech-savvy lender is utilizing DocMagic's Total eClose™ platform, with eNote generation, integrated eVault technology, and compliant document production. Together, the solution set has helped catapult Atlantic Bay into an industry-leader position in eMortgage lending and complete digitization of the closing process.

In January of 2020, Atlantic Bay had executed only seven eNotes but concluded the year with more than 7,000 eNotes registered with MERS. As of May 2021, the lender surpassed 10,000 eClosings, representing more than 20 percent of all loans originated as paperless closings.

"We are very excited about the immense success we've had and continue to experience with DocMagic's Total eClose solution," stated Christina Brown, Chief Operations Officer at Atlantic Bay. "From origination through closing, warehouse lending and onto secondary marketing, we've seen a tremendous upside to producing eNotes that has benefited us as a company, our staff, and our customers."

As a result of offering a completely electronic closing to borrowers that includes remote online notarizations (RON), Atlantic Bay reports that it has experienced increased accuracy; quicker turn times; strict compliance adherence; better secondary marketing sell-side efficiencies; more warehouse line liquidity; and a straightforward, speedy, and pleasant closing experience for borrowers. Together, these benefits have produced greater profitability and reduced costs for Atlantic Bay.

"Atlantic Bay exemplifies an incredibly efficient lender that has made all the right moves to fully embrace digital lending and completely remove paper from the closing process with our Total eClose platform," stated Dominic Iannitti, president and CEO of DocMagic. "When you put the necessary pillars in place like Atlantic Bay has, it paves the way to more scalable operations with paper-free eClosings at the heart of the workflow. The benefits Atlantic Bay is enjoying are tremendous and we're excited to showcase them as a client that's perfected the eClosing process."

Brown added: "More than anything, our success has been predicated on being early adopters of RON and eNotes, helping settlement agents become comfortable with DocMagic's software, working closely with our warehouse lenders and investors to accept eNotes, and having a 'just do it' attitude toward eClosings with eNotes. All of the legwork that we performed before, and in the early days of the pandemic, helped us gain a lot of experience and were able to execute thousands of eClosings. It's now become a competitive advantage for us."

Atlantic Bay is a long-time DocMagic client and has been an early adopter of hybrid eClosings since processing its first hybrid eClose in 2018. The lender's subsequent implementation of RON technology and eNotes has taken its closing, post-closing, funding, and loan sales to the next level. Moving forward, Atlantic Bay will widen the use of RON technology and continue to work closely with settlement providers to expand its footprint in digital originations and closings.

DocMagic's Total eClose solution gives Atlantic Bay users the ability to easily access the platform directly from a seamless integration with its loan origination system (LOS). Total eClose provides an end-to-end paperless workflow that seamlessly connects every component of the closing process. It includes use of DocMagic's eDocument library with integrated eSign technology, automatic generation of a MISMO Category 1 SMART Doc® eNote, eNotary technology for all 50 states, direct MERS® eRegistry of the eNote, and secure storage in its certified eVault.

Total eClose leverages the precision-based accuracy of DocMagic's intelligent, dynamic document generation capabilities. It also integrates tightly with DocMagic's AutoPrep™ solution that e-enables any 3rd-party documents to execute eClosings.

About DocMagic:

DocMagic, Inc. is the leading provider of fully compliant document generation, automated compliance, eSignature and comprehensive eMortgage solutions for the mortgage industry. Founded in 1987 and headquartered in Torrance, Calif., DocMagic, Inc. develops award-winning software, mobile apps, processes, and web-based systems for the production and delivery of compliant loan document packages. The company's solutions connect industry participants, promote collaboration, and data integrity to execute precision-based digital lending transactions. The company's compliance experts and in-house legal staff consistently monitor legal and regulatory changes at both the federal and state levels to ensure accuracy. For more information on DocMagic, visit https://www.docmagic.com/.

About Atlantic Bay Mortgage Group:

Founded in 1996, Atlantic Bay Mortgage Group® is a privately owned national mortgage lender headquartered in Virginia Beach, Va. The company offers conventional and other home loans and reverse mortgage services. Atlantic Bay has been recognized as a Top 100 Mortgage Company in America, Best Mortgage Company, Most Enjoyable Place to Work, and an Inc. 500 Fastest Growing Company. Through its AB Cares program, the company has donated more than $2 million to charities and participated in events that promote the passions of our customers, employees and neighbors. For more information, visit the company's website https://www.atlanticbay.com/ NMLS #72043 (https://www.nmlsconsumeraccess.org/) is an Equal Opportunity Employer. Located at 600 Lynnhaven Parkway Suite 203 Virginia Beach, VA 23452.

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

Social Media: @DocMagic @AtlanticBay #eClosingLeader #TotaleClose #eClosingLender #PaperlesseClosings

DocMagic, Inc., the premier provider of fully-compliant loan document preparation, automated regulatory compliance, and comprehensive eMortgage services, announced that Atlantic Bay Mortgage Group®, a national independent mortgage banker, has successfully processed more than 10,000 paperless eClosings.

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

FormFree announces Former JPMorgan Chase Division CEO Kevin Watters joins its Board of Directors

ATHENS, Ga. /ScoopCloud/ -- FormFree® today welcomed Kevin Watters to its board of directors. Watters is a payments, mortgage lending and business banking leader known for his ability to successfully and rapidly scale financial services businesses through operational and technology transformation.

Watters was a pioneer in the branchless banking space, serving as chief marketing officer of Wingspan (a Bank One subsidiary) and president of Bank One's corporate internet group until its acquisition by JP Morgan Chase (NYSE: JPM). Watters served in multiple senior executive positions during his 18-year tenure at JPMorgan Chase, including five years as president of the investment bank's internet group and five years as CEO of its business banking division. Subsequently, he served as CEO of mortgage banking, where he played a critical role in restoring profitability to the division after the financial crisis. In his final year at the company, Watters was named CEO of Chase card services, which encompasses Chase's consumer, small business and commercial lines of business.

Since retiring from JPMorgan Chase, Watters has taken on roles as an advisor and educator. In 2019, Watters began teaching finance as an adjunct professor at Tulane University. In 2020, Watters joined Lightyear Capital, a New York-based private equity firm focused on financial services, as senior advisor to Fund V, which focuses on digitalization in the financial sector and payments technologies. In March 2021, Watters was tapped by Boston Consulting Group as a senior advisor.

"FormFree's vision for putting consumers in control of their Financial DNA, evangelized by founder Brent Chandler and brought to life by a dedicated team of innovators, is compelling and timely. I am very pleased to help shape FormFree's trajectory as a member of its board of directors," said Watters. "My experience helping financial services businesses scale will be valuable to FormFree as it continues bringing to market innovative technologies that foster a more inclusive financial sector."

"Kevin's deep knowledge of the payments, lending and banking sectors will be a boon to FormFree as we create cutting-edge solutions that promote consumer accessibility to financial services without increasing lender risk," said FormFree Founder and CEO Brent Chandler. "We are proud to count Kevin as an advisor and welcome him to our board."

About FormFree

FormFree® is a market-leading fintech company whose revolutionary products AccountChek® and Passport® make for a more inclusive credit decisioning landscape by enabling lenders to understand people's true ability to pay (ATP®). To date, thousands of U.S. lenders and brokers have ordered millions of FormFree's patented verification reports representing trillions of dollars in loan verifications.

FormFree delights borrowers and lenders with a paperless experience, dramatically reduces origination timelines and offers automated analysis and standardized delivery to lenders and investors using a secure ReIssueKey®.

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

Twitter: @RealFormFree #mortgageindustry #fintech #financialinclusion #peoplemovers

FormFree® today welcomed Kevin Watters to its board of directors. Watters is a payments, mortgage lending and business banking leader known for his ability to successfully and rapidly scale financial services businesses through operational and technology transformation.

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

MCT Introduces BAM Marketplace, the First Truly Open Mortgage Loan Exchange

SAN DIEGO, Calif. /ScoopCloud/ -- Mortgage Capital Trading, Inc. (MCT®), a leading mortgage hedge advisory and secondary marketing software firm, announced the public introduction of BAM Marketplace™. Originally launched to support existing MCT sellers during the 2020 pandemic liquidity crisis, BAM Marketplace now welcomes new buyers and sellers as the world's first truly open loan exchange between unapproved counterparties.

In the early days of the pandemic, investors bought fewer loans and sellers ran into liquidity issues, especially for specific loan characteristics such as low-FICO government. BAM Marketplace connected distressed sellers with would-be buyers, particularly agency-approved lenders within the MCT client base, some without previous correspondent investing experience. The ability to transact with unapproved counterparties, combined with API-driven automated live pricing, allowed these new buyers to provide a top-tier correspondent experience and quickly build a base of sellers. Today, BAM Marketplace provides quantifiable benefits to lenders of every size for loans of every type.

Sellers benefit by reducing liquidity constraints, growing investor outlets, and increasing loan sale profitability. MCT clients have noted materially improved execution across all loan types. The average spread to cover bids on BAM Marketplace is thirty-two basis points, with that spread extending to forty-six basis points for government production and eighty-nine basis points for low-FICO government loans. Sellers are also finding new outlets for non-owner occupied and second home loans - a key focus area given the new agency limits on such production.

"Gone are the days of a finite set of approved investors, not knowing who has an axe, and incomplete information on who may offer the best price. BAM Marketplace targets systemic issues of limited liquidity and slow turn times for pricing and also helps minimize a lender's exposure to crises and regulatory changes," said Curtis Richins, President at MCT. "It's the only loan exchange where sellers can receive executable bids from unapproved buyers. Through our patent-pending 'security spread commitment', MCT firmly holds its position as the gold standard in best execution and moves one step closer to the ultimate goal - when every loan can be priced by every investor."

Buyers benefit from BAM Marketplace through efficient access to the industry's largest community of sellers and the ability to bid on loans offered by unapproved lenders. Agency-approved lenders can now find unique buying opportunities, even without the prior experience or cost calculations typically associated with launching a correspondent lending channel. MCT's AutoBidTM bid tape pricing solution supports every BAM Marketplace buyer, allowing them to provide automated, algorithm-based live pricing that can be fine-tuned to each seller and loan characteristic.

"By extending the Bid Auction Manager (BAM®) platform, MCT has unlocked additional liquidity and created a turn-key, digital purchasing solution," said Phil Rasori, Chief Operating Officer, MCT. "Proprietary, patent-pending functionality enables immediate access to 'biddable' loan collateral offered by MCT's client base-the largest in the industry."

For MCT clients, BAM Marketplace is part of our core offering with no additional cost or set-up required. It is also available as a stand-alone platform for non-clients.

On June 10, two of MCT's key innovators, Phil Rasori and Justin Grant, will provide a demonstration of the platform and details on the new security spread commitment type. Registration for the webinar is required and easily completed by visiting the BAM Marketplace Industry Webinar registration page: https://mct-trading.com/mct-webinar-introducing-bam-marketplace/.

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, California, MCT also has offices in Philadelphia, Healdsburg, and Texas. 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 love.

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

MULTIMEDIA

IMAGE LINK for media: https://www.Send2Press.com/300dpi/21-0520s2p-bam-marketplace-300dpi.jpg

Caption: BAM Marketplace™ is the world's first truly open loan exchange, where buyers can bid regardless of approval status, and sellers receive automated live pricing from every buyer on the platform.

Mortgage Capital Trading, Inc. (MCT®), a leading mortgage hedge advisory and secondary marketing software firm, announced the public introduction of BAM Marketplace™. Originally launched to support existing MCT sellers during the 2020 pandemic liquidity crisis, BAM Marketplace now welcomes new buyers and sellers as the world's first truly open loan exchange between unapproved counterparties.

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

5X Solutions Adds Compensation Analysis to their Mortgage Business Intelligence Platform

SAN DIEGO, Calif. /ScoopCloud/ -- 5X Solutions, LLC, a mortgage business intelligence and data analytics company, has announced the addition of loan agent compensation analysis to its automated financial reporting and mortgage business intelligence software.

Users of Telemetry BI now have complete visibility to the commissions paid to loan officers. This includes loan-level details, dollars paid, and basis points (bps) for each transaction. In the past, accounting personnel would generate reports manually via spreadsheets, only to have them challenged by loan agents and branch managers questioning the underlying numbers. In other cases, the client risked overpayment due to manual mistakes or incomplete data.

This new reporting tool provides post-payment audit capabilities to accounting and financial staff. Reports are generated automatically by integrating data from the client's loan origination software (LOS) and their accounting system. Compensation is calculated based on units closed, funded amounts, loan types, referrals, and loan assistants, providing transparency and timely access via on-demand compensation analytics.

Corporate executives, branch managers, regional managers, and individual loan officers can view compensation details relevant to them in real-time. This eliminates the need for the constant back-and-forth between accounting staff and loan agents to validate results and answer questions.

A planned release of prepayment commission and bonus reporting for the entire company including loan processors, underwriters, and other staff members will add efficiency and transparency to the mortgage operation. Details can be viewed before payments are made to ensure that commissions and bonuses are correct. This enhances Telemetry MBI's existing Marketing and Expense program that enables loan officers to benefit by claiming pre-tax expenses related to generating business.

Telemetry MBI's new compensation analysis complements existing financial reports, KPIs, performance dashboards, and analytics to provide a 360-degree view of a mortgage business's operational health. Adoption of this feature by clients has exceeded expectations. 5X Solutions' Co-Founder John Beneventi says "Compensation analysis rounds out Telemetry MBI's automated financial reporting capabilities by offering managers the ability to drill down on details and explore trends around each loan officer's performance and compensation."

Learn more about Telemetry MBI: https://www.5xsolutions.com/Mortgage_Business_Intelligence

About 5X Solutions

5X Solutions, LLC is a Fintech company that offers digital mortgage industry solutions that focus on mortgage business intelligence, automated financial reporting, performance dashboards, data analytics, and other BI tools. It offers lenders both advisory and technology services that optimize resources, improves profitability, contain costs, and helps increase scalability. Using its cloud-based Telemetry MBI platform, clients have 24/7 access to critical key performance indicators, metrics, and financial reports needed to measure and manage their company. Their turnkey, cloud-based business intelligence platform offers a best-practice approach to data analytics and reporting.

Learn more at https://www.5xsolutions.com/ or http://www.telemetrybi.com

*LOGO LINK: https://www.5xsolutions.com/images/5x_TBI_logo_lrg.png

5X Solutions, LLC, a mortgage business intelligence and data analytics company, has announced the addition of loan agent compensation analysis to its automated financial reporting and mortgage business intelligence software.

Related link: https://www.5xsolutions.com/

ACES Quality Management Launches ACES CONNECT While Also Integrating 30 New Vendors to Its Core Platform

DENVER, Colo. /ScoopCloud/ -- ACES Quality Management™ (ACES), the leading provider of enterprise quality management and control software for the financial services industry, today announced the launch of ACES CONNECT™, as well as the addition of 30 integrated vendor partners into ACES Quality Management & Control™ software as part of its spring product release.

Designed to give senior management at mortgage lenders and third-party providers on-demand access to key reporting data, ACES CONNECT provides users with the ability to self-remediate audit findings, access reporting and trending data, review audit documents and manage corrective action plans in coordination with their organization's risk department. In addition, ACES CONNECT allows users to have access to the ACES QC reporting to provide easy to view reporting for senior management along with any designated third parties. ACES CONNECT will enhance productivity and boost collaboration in resolving defects, requesting or supplying additional documentation and answering questions and concerns with trackable communications.

"The changing market dynamics of the last year has underscored the need for secure and efficient internal communication and collaboration, especially when viewed through the lens of the ever-shifting financial regulatory and compliance landscape," said ACES CEO Trevor Gauthier. "ACES CONNECT not only provides lenders and financial institutions with a critical viewing window into exactly what's going on in their respective businesses from a quality and compliance standpoint, but it also creates a centralized access point for quick and easy defect identification, remediation and resolution tracking to effectively mitigate risk and maintain quality."

Along with the launch of ACES CONNECT, the company has also significantly expanded its network of integrated vendors, allowing users to order, track and receive re-verification documents and data directly within ACES core platform. With these additions, ACES now supports an additional thirty vendors across five categories: Credit, SSN, Asset, 4506-C and Field Reviews. By leveraging ACES integrations, third party orders are sent and received securely, leveraging existing ACES data, ultimately reducing the time and labor associated with each transaction. ACES has also expanded its relationship with MeridianLink to add support for instant verification of employment and income from The Work Number through MeridianLink's network of resellers.

"Integrations have been available within ACES for several years, and over the last year in particular, we've put tremendous effort into expanding our integration framework to bring added efficiency to our users' quality control audit process and eliminate the manual re-work that often introduces unnecessary errors," Gauthier added. "By dramatically increasing the number of available vendors, we've provided ACES users with even more options for best-of-breed re-verification partners to help support their loan quality and risk management efforts."

ACES' newest upgrades were spearheaded by client requests collected during its annual client survey, the results of which drive and validate much of the company's product roadmap.

"At ACES, we believe in being proactive, not reactive, when it comes to product development and enhancements, and our clients play a critical role in that process by providing us 'boots on the ground' intelligence regarding the challenges they face in maintaining loan quality and mitigating risk," Gauthier explained. "Our annual survey and User Summit, which we've elected to take virtual this year, are two of the many ways in which we actively seek input from our users to ensure our technology continues to meet their needs."

About ACES Quality Management

ACES Quality Management, formerly known as ACES Risk Management (ARMCO), is the leading provider of enterprise quality management and control software for the financial services industry. The nation's most prominent lenders, servicers and financial institutions rely on ACES Quality Management & Control™ software to improve audit throughput and quality while controlling costs, including:

* 3 of the top 5 and more than 50% of the top 50 independent mortgage lenders;
* 7 of the top 10 loan servicers;
* 11 of the top 30 banks; and
* 1 of the top 3 credit unions in the USA.

Unlike other quality control platforms, only ACES delivers Flexible Audit Technology, which gives independent mortgage lenders and financial institutions the ability to easily manage and customize ACES to meet their business needs without having to rely on IT or other outside resources. Using a customer-centric approach, ACES clients get responsive support and access to our experts to maximize their investment. For more information, visit https://www.acesquality.com/ or call 1-800-858-1598.

ACES Quality Management™ (ACES), the leading provider of enterprise quality management and control software for the financial services industry, today announced the launch of ACES CONNECT™, as well as the addition of 30 integrated vendor partners into ACES Quality Management & Control™ software as part of its spring product release.

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

Sales Boomerang integration with Volly enables lightning-fast lead response for increased mortgage loan volume and customer retention

WASHINGTON, D.C. /ScoopCloud/ -- Sales Boomerang, the industry's top-rated automated borrower intelligence and retention system, today announced its integration with Volly, an industry-leading provider of SaaS-based fintech and creative marketing services to the financial services industry. The combination of Sales Boomerang and Volly positions lenders to take immediate action when a customer or prospect is ready for a loan, enabling higher borrower retention, increased loan volume and lower per-loan costs.

Sales Boomerang monitors customer and prospect databases on behalf of mortgage lenders and their referral partners. By combining market intelligence with a lender's own credit underwriting preferences, Sales Boomerang identifies exactly when a prospect or past customer is ready for a new loan. Sales Boomerang opportunity alerts may be triggered by both market factors (for instance, interest rate changes and home price appreciation) and consumer behaviors (such as listing a home for sale, shopping with another lender or improving one's credit score).

Built for the mortgage industry, the Volly Portal includes a full-service CRM contact and campaign management hub that makes it easy for lenders to manage leads and deploy automated marketing journeys for customers and partners. Volly also offers a mortgage point-of-sale (POS) platform, custom website solutions and the Volly Marketing Portal, a storefront loan officers and mortgage brokers can use to self-provision pre-approved marketing workflows, collateral and closing gifts on demand.

By piping Sales Boomerang opportunity alerts into Volly, lenders can use rules-based automation to take immediate action, such as enrolling a consumer in a relevant marketing campaign or scheduling follow-up tasks for the loan originator who owns the contact. Loan originators can even invite referral partners to share their own contacts for monitoring by Sales Boomerang and automated co-marketing powered by Volly.

"Sales Boomerang serves up hyper-relevant loan opportunities that deserve immediate action, and our integration with Volly makes it easy to follow through before competitors even know the consumer is in the market for a loan," said Sales Boomerang CEO Alex Kutsishin. "In fact, the average lender that uses Sales Boomerang in conjunction with automated marketing sees an 11.6% improvement in borrower retention and 20% to 40% lift in loan volume."

"Volly's marketing automation solutions help loan originators do their jobs more effectively and efficiently," said Volly CEO Jerry Halbrook. "By layering on criteria-driven portfolio monitoring from Sales Boomerang, we're enabling lenders to engage with opportunities even faster in a market when speed to lead is perhaps the single most important factor in customer retention."

About Sales Boomerang:

Sales Boomerang revolutionized the relationship between a Mortgage Lender and Borrower with the introduction of the only automated Borrower Intelligence System in 2017, which tells lenders when anyone in their database is ready for a loan. Today, Sales Boomerang is the #1 Borrower Retention strategy in the industry and has discovered over $30B in new volume for Lenders. Sales Boomerang's notifications are integrated with the best CRM/Marketing Automation Systems in the industry to provide a seamless experience for Lenders and Borrowers. Sales Boomerang's employees are dedicated to improving the lending experience for Lenders and Borrowers, and united behind the ethos - No Borrower Left Behind(tm).

About Volly:

Volly is powering the dream of home ownership through industry-leading technology and dynamic marketing that drives the customer journey. The Volly Portal Platform is a fully integrated, cloud-based Software-as-a-Service platform that combines Customer Relationship Management (CRM), Marketing Collateral, Borrower Journey Campaign Management, Portfolio Retention programs, Point of Sale (POS) application and transaction management, and Custom Websites, all integrated with digital and print marketing capabilities and industry-leading creative marketing services. Among other awards, Volly was named a HousingWire HW Tech100 Mortgage technology company in both 2020 and 2021. For more information, visit https://myvolly.com/ or call (866) 435-7050.

Twitter: @SalesBoomerang @VollyTech #MortgageIndustry #MortgageMarketing #CustomerRetention #NoBorrowerLeftBehind

Sales Boomerang, the industry's top-rated automated borrower intelligence and retention system, today announced its integration with Volly, an industry-leading provider of SaaS-based fintech and creative marketing services to the financial services industry.

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

SimpleNexus applauds Mortgage Bankers Association (MBA) for targeting federal Remote Online Notarization (RON) legislation as National Advocacy Conference priority

LEHI, Utah /ScoopCloud/ -- SimpleNexus (https://simplenexus.com/), developer of the leading homeownership platform for loan officers, borrowers, real estate agents and settlement agents, today praised the Mortgage Bankers Association (MBA) for naming federal Remote Online Notarization (RON) legislation as a core issue of its National Advocacy Conference.

"Our industry has taken sweeping measures to provide mortgage consumers with the mobile and online home buying experience they prefer, but existing notarial laws impede the shift in technology," said SimpleNexus Founder and CEO Matt Hansen. "To date, only 32 states have passed RON-enabling legislation, hindering the housing finance industry's ability to provide a broad swath of American homebuyers with the safety and convenience of a remote online closing ceremony. SimpleNexus commends the Mortgage Bankers Association for leading the charge on this critical issue."

The MBA is coordinating with association partners and members to encourage Congress to reintroduce and enact The Securing and Enabling Commerce Using Remote Online Notarization Act (SECURE Notarization Act). Initially introduced with bipartisan sponsorship as Senate Bill 3533 in March 2020, the SECURE Notarization Act would permit immediate nationwide use of RON with minimum standards necessary to protect consumer data and provide certainty for the interstate recognition of RON. States with existing RON laws on the books would retain the flexibility to implement their own RON standards.

Each year, the MBA organizes housing finance stakeholders for its National Advocacy Conference to directly educate lawmakers about key industry policy priorities and hear directly from elected officials. This year's conference will be held virtually, May 11-12, 2021.

About SimpleNexus, LLC:

SimpleNexus is a homeownership platform transforming the mortgage experience and connecting borrowers, loan officers, real estate agents and settlement service providers throughout the homebuying process. The platforms' native mobile toolset enables lenders to originate, process and close home loans from anywhere with increased efficiency and convenience. Loan officers can manage their loan pipelines, order credit, run pricing, send pre-approvals, sign disclosures and execute eClosings - all on the go. SimpleNexus provides borrowers with a single sign-on experience from home search to the application, document upload, eClose and beyond for a more streamlined homeownership journey.

Learn more at: https://www.simplenexus.com/

Twitter: @SimpleNexus #digitalmortgage #mortgagelending #RON @MISMO @MortgageBankersAssociation

SimpleNexus, developer of the leading homeownership platform for loan officers, borrowers, real estate agents and settlement agents, today praised the Mortgage Bankers Association (MBA) for naming federal Remote Online Notarization (RON) legislation as a core issue of its National Advocacy Conference.

Related link: https://simplenexus.com/

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Tag Archives: FinTech

Mortgage Coach introduces integration with LoanSense to help federal student loan holders become homeowners and increase purchase power

LBA Ware’s LimeGear integrates with Experience.com to turn customer satisfaction scores into actionable business intelligence for mortgage lenders

New MBS Fintech Agile Revolutionizes Trading with the Launch of RFQ Platform

MCT’s Paul Yarbrough is named to HousingWire’s 2021 Insiders Award List

SimpleNexus is certified as eClosing solution provider by Fannie Mae and Freddie Mac

DocMagic Named to Inc. 5000 List of Fastest-Growing Private Companies

Blockchain-based, AI-powered mortgage advisor Home Lending Pal raises $2.2M in pre-Series A round led by TMC Emerging Technology Fund LP

Nomis Solutions Introduces Margin Setter Dashboard, Adjusts Mortgage Rate Data Refresh Frequency in Latest Product Update

Knowledge Coop Appoints Brian Paine as Director of Technology

Digital Mortgage Platform Maxwell Ranks #154 on 2021 Inc. 5000 List

Sales Boomerang is 2021’s fastest-growing company in the residential mortgage industry

DocMagic Promotes Chris Lewis to Director of Enterprise Solutions

Leading Digital Mortgage Platform Maxwell Named a 2021 Best Place to Work by Denver Business Journal

FormFree Announces Agreement with Lenders One to Offer Products to Member Base

NotaryCam Partners with Texas Mortgage Law Firm, RUTH RUHL, P.C., to Add RON to Firm’s Loss Mitigation Services

Sales Boomerang releases Q2 2021 Mortgage Market Opportunities Report

SimpleNexus expands C-suite under leadership of Cathleen Schreiner Gates

Oklahoma Bankers Association Endorses Promontory MortgagePath’s Mortgage Fulfillment Services and POS Technology

FormFree integrates AccountChek 3n1 one-stop VOE/VOIE into Encompass®

MobilityRE welcomes mortgage technology leader Jonas Kruckeberg as director of growth and client success

SimpleNexus integrates with Finicity’s Mortgage Verification Service to give lenders a simpler, faster way to verify borrower assets, income and employment

Maxwell Announces Launch of MaxDiligence, a Tech-Powered Due Diligence and Quality Control Service for Lenders

ICE Mortgage Technology Acquires eVault Technology from DocMagic for Encompass eClose

Digital Mortgage Platform Maxwell Adds Industry Veteran Sadie Gurley to its Leadership Team

AmeriSave Leveraging DocMagic Technology to Scale Operations, Elevate the Borrower Experience and Maximize Productivity

FormFree and MX receive 2021 Tearsheet Data Award for Best Data Aggregator/Fintech Partnership

LBA Ware welcomes former State Bank vice president Georgia Capalbo to client success team

Atlantic Bay Mortgage Group® Surpasses 10,000 Paperless eClosings with DocMagic’s Total eClose™ Solution

Top of Mind makes Surefire Creative content available as a standalone marketing resource for mortgage lenders

FormFree announces Former JPMorgan Chase Division CEO Kevin Watters joins its Board of Directors

MCT Introduces BAM Marketplace, the First Truly Open Mortgage Loan Exchange

5X Solutions Adds Compensation Analysis to their Mortgage Business Intelligence Platform

ACES Quality Management Launches ACES CONNECT While Also Integrating 30 New Vendors to Its Core Platform

Sales Boomerang integration with Volly enables lightning-fast lead response for increased mortgage loan volume and customer retention

SimpleNexus applauds Mortgage Bankers Association (MBA) for targeting federal Remote Online Notarization (RON) legislation as National Advocacy Conference priority