Tag Archives: FinTech

MCT’s Enhanced Best Execution (EBX) Technology Automates MSR Retain-Release Decisions

SAN DIEGO, Calif. /ScoopCloud/ -- Mortgage Capital Trading®, Inc. (MCT), the leading mortgage hedge advisory and secondary marketing software firm, announced today their Enhanced Best-Execution (EBX) tool used for MSR retain-release decisions has now automated the function of pulling comprehensive data from MCTlive!® and MSRlive!®. This new automation eliminates the need entirely for secondary marketing professionals to manually upload data and provides users with real-time execution to inform their servicing retain-release decisions.

The release of this new automation marks an industry first, allowing users to analyze loan sale and MSR data for speedy retain-release decisions. With the click of a button, clients can get much more strategic about their servicing decisions than previously possible by better understanding the impact of retaining servicing, including cash break-even point, cash drain and tax implications.

This tool equips clients for advance decision making by leveraging all of the relevant data elements, while the automation quickly analyzes the data and provides a simple, user friendly recommendation.

"The automation of our EBX functionality is instrumental to ensuring our clients can quickly make the most accurate and strategic retain-release decisions, especially during times of increased market volatility," said Phil Laren, Director of MSR Services, MCT. "What was once a cumbersome process has now been completely automated with EBX. With a click of a button, clients obtain valuable insight designed specifically to assist with strategic and thoughtful retain-release decisioning."

EBX is just one of the many tools that MCT offers in addition to support and a dedicated client services team. Visit https://mct-trading.com/, email David Burruss at dburruss@mctrade.net, or call (703) 286-9389 to learn about the numerous functionalities of the platform.

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.

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

News from Mortgage Capital Trading Inc.

Mortgage Capital Trading®, Inc. (MCT), the leading mortgage hedge advisory and secondary marketing software firm, announced today their Enhanced Best-Execution (EBX) tool used for MSR retain-release decisions has now automated the function of pulling comprehensive data from MCTlive!® and MSRlive!®.

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

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

Top of Mind launches ‘Retention Center’ to help loan originators foster customer loyalty

ATLANTA, Ga. /ScoopCloud/ -- Top of Mind Networks (Top of Mind), a leader in customer relationship management (CRM) and marketing automation software for the mortgage lending industry, today announced it has launched the Surefire CRM Retention Center to help loan originators (LOs) foster loyalty among their clients.

The Retention Center is an online retention gift store that enables loan originators (LOs) to curate a gift-receiving experience for clients in lieu of or in addition to corporate-level client retention initiatives. Within the Retention Center, LOs can build automated retention gift campaigns based on rules such as loan type (refinance or purchase), loan amount and occasion. Once a retention gift campaign has been activated, Top of Mind dynamically customizes, professionally packages and ships the retention gift to its recipient. Retention Center gift options include bamboo cutting boards, premium whole-bean coffee, a self-inking address stamper and dynamic birthday cards.

"There are innumerable studies that illustrate how customer retention is a critical component of company growth. Retaining customers is less expensive than acquiring new ones, and loyal customers are more likely to spend more and refer family and friends," said Top of Mind Chief Revenue Officer Nick Belenky. "We launched the Retention Center to help lenders strengthen borrower repeat business with unique gifting opportunities that make clients feel valued and help originators stay 'top of mind.'"

Top of Mind's Surefire CRM is the most-used CRM and marketing platform in the mortgage industry. Mortgage professionals of all stripes - including retail, wholesale, consumer direct and bank lenders - strengthen referral partnerships and deepen their emotional connections with borrowers to cultivate clients for life.

About Top of Mind Networks:

Founded in 2003, Atlanta-based Top of Mind Networks (https://www.topofmind.com) started as a bootstrapped direct-mail marketing company. Today, the company is recognized as the mortgage industry's most-relied-upon provider of marketing automation and creative content solutions. From individuals to enterprise lenders, Top of Mind's Surefire CRM helps thousands of mortgage professionals win new business, earn repeat business and deserve referral business. With intuitive, "set it and forget it" workflows and award-winning content, mortgage professionals are able to effortlessly maintain and deepen their emotional connections with clients.

News from Top of Mind Networks

Top of Mind Networks (Top of Mind), a leader in customer relationship management (CRM) and marketing automation software for the mortgage lending industry, today announced it has launched the Surefire CRM Retention Center to help loan originators (LOs) foster loyalty among their clients.

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

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

MCM Capital and its affiliate, Temple View Capital, Select Libretto from Bizzy Labs for Compliance Monitoring on Loan Files

IRVING, Texas /ScoopCloud/ -- Bizzy Labs, a regtech company that uses a big data approach to perfect mortgage loan compliance during loan boarding and throughout the life of servicing, announces that MCM Capital and its affiliate, Temple View Capital, have selected Libretto from Bizzy Labs for compliance monitoring on their entire portfolio.

Libretto, a regtech offering from Bizzy Labs, improves loan portfolio compliance by automating identification of data anomalies in loan files, enabling their timely research and remediation. Its comprehensive business rule library is curated by legal and compliance experts and can be configured by loan type. Its systematic and automated approach to loan diligence translates into fewer borrower complaints and higher loan valuations.

"We are pleased that MCM Capital and Temple View Capital have selected Libretto as its compliance monitoring engine," said Gagan Sharma, CEO of Bizzy Labs. "As they work with multiple servicers, Libretto provides a single consistent mechanism to monitor their portfolio."

"We selected Libretto for its advanced design and comprehensive business rules library," said Mike Niccolini, MCM Capital CEO. "It is ideal for monitoring quality and detecting issues that may create compliance risk."

About Bizzy Labs:

Formed in 2020, Bizzy Labs is the product of BSI Financial's decade-long program to develop a technology-based alternative to manual processes that detect loan file anomalies. A stand-alone company located in Irving, Texas, Bizzy Labs provides regtech services to loan investors, originators and servicers. Its core product, Libretto, improves loan performance and profitability by reducing errors that create compliance risk and servicing challenges. Bizzy Labs is located on the Web at http://www.bizzylabs.tech.

About MCM Capital:

MCM Capital ("MCM"), along with its affiliate, Temple View Capital, LLC ("TVC"), based in Bethesda, Maryland, is a leading residential whole loan mortgage investor, manager, advisor, and technology provider. MCM's investment thesis is centered on asset value and servicing arbitrage opportunities created by dislocations in credit markets and underperformance by traditional mortgage servicers. It is located on the Web at https://www.mcmcap.com/.

Social: #BizzyLabs #Libretto #LoanPortfolioQuality #LoanFileComplianceMonitoring #MCMcapital

News from Bizzy Labs

Bizzy Labs, a regtech company that uses a big data approach to perfect mortgage loan compliance during loan boarding and throughout the life of servicing, announces that MCM Capital and its affiliate, Temple View Capital, have selected Libretto from Bizzy Labs for compliance monitoring on their entire portfolio.

Related link: https://www.bizzylabs.tech/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

LBA Ware taps STRATMOR Group alum Angie Middlebrook for mortgage software implementation role

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 added mortgage industry expert Angie Middlebrook as a software implementation consultant. In this role, Middlebrook will assist lenders as they implement LBA Ware's LimeGear™ BI Platform and ICM platform CompenSafe™ to its full capabilities, advancing them beyond the implementation stage to maximize use of LBA Ware's software solutions.

Middlebrook's software expertise stems from eight years as a STRATMOR Group senior analyst, where her responsibilities ranged from developing data products, compensation strategies and industry studies. Middlebrook worked closely with lenders to increase study participation and analyze data. Prior to STRATMOR Group, Middlebrook was the director of client services at Motivity Solutions, where she worked closely to train clients and instill new capabilities to meet their business objectives.

In addition to Middlebrook's software and analytic background, she launched her career in the mortgage industry as a closer.

"Angie's passion for software gives her a unique edge in helping lenders create efficiencies and grow their businesses," said LBA Ware Founder and CEO Lori Brewer. "Her blend of experience in client services and software development, plus her background in mortgage, makes her a great addition to LBA Ware."

"I've always had a passion for teaching others how to make technology work for them," said Middlebrook. "With my mortgage and software background I completely understand what is happening behind the scenes and how valuable LBA Ware's compensation and business intelligence solutions are."

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

News from LBA Ware

LBA Ware™, a leading provider of incentive compensation management (ICM) and business intelligence (BI) software solutions for the mortgage industry, announced it has added mortgage industry expert Angie Middlebrook as a software implementation consultant.

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

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

Nomis Solutions Builds First-String Team to Spearhead Mortgage Initiatives

SAN FRANCISCO, Calif. /ScoopCloud/ -- Nomis Solutions (Nomis), a global, industry-leading pricing and profitability management solutions provider, announced it has added several new sales and marketing hires to support its mortgage pricing and profitability management initiatives and competitive intelligence technology.

Under the leadership of industry veteran and Nomis Chief Revenue Officer Matt Woolley, this team signals a strategic intention to entrench Nomis mortgage technology as a game-changing digital mortgage innovation with measurable lender profitability impact.

"Mortgage lenders with an innate eye for competitive advantage instantly react when they are introduced to Nomis, which is why, in less than a year, our mortgage client base has doubled," said Woolley. "I've personally selected this team both to support our recent achievements and to advance Nomis' strategic initiatives to deliver unmatched value as a digital mortgage innovator."

NOMIS SALES AND MARKETING TEAM NEW HIRES INCLUDE:

Terry Brennan - Regional Vice President, Sales

An expert financial services sales consultant for nearly two decades, Brennan most recently completed an eight-year tenure with Delaware Investments as Regional Director, where he was on track to complete $225 million mutual fund sales in 2021. Previously, Brennan succeeded in sales roles with Lincoln Financial Group during his seven-year tenure.

Kerry Caldwell - Regional Vice President, Sales

With more than 20 years' sales expertise in B2B mortgage lending technologies, Caldwell most recently served as national account director at Mortgage Coach, Black Knight national director of sales, and Motivity Solutions regional director. An experienced loan officer, Caldwell sits on the Board of Directors for the Colorado Mortgage Lenders Association.

Steven Divitaris - Director, Sales Operations

Before joining Nomis, Divitaris held sales positions for the Canadian divisions of ADP and Fastenal. Divitaris has played an integral role in the launch of Nomis' flagship mortgage pricing and competitive intelligence product, with his contributions fueling significant client growth in the mortgage division.

Gerald Dorman - Regional Vice President, Sales

Including his ten-year tenure as LoanLogics national accounts vice president where he consistently earned a top producer award each year, Gerald Dorman joins the team from his most recent position as Informative Research vice president of client success. There, he originated over $3.5 million in new sales within the first year.

TJ Lile - Regional Vice President, Sales

Lile brings more than 15 years' mortgage insurance experience to Nomis, including sales, risk management and operations most recently at National Mortgage Insurance Corporation and previously at Republic Mortgage Insurance Corporation. Lile has served as a director with the Colorado Mortgage Lenders Association, is an accredited mortgage professional (AMP), and in 2018 was named a Rising Star by HousingWire magazine.

Samantha MacKendrick - Vice President, Marketing

An expert FinTech marketing professional joining Nomis Solutions from Optimal Blue/Black Knight, Inc., MacKendrick previously lead and executed marketing strategy for the secondary marketing technologies division, including Optimal Blue and Compass Analytics integrated technologies, services, data and analytics. With more than 10 years' mortgage marketing experience, MacKendrick is an expert liaison between executive leadership, product and sales teams to effectively achieve strategic business initiatives.

With this first string of mortgage experts, Nomis is transforming the industry with groundbreaking tools for mortgage pricing and profitability management. The Nomis mortgage technology suite provides real-time pricing analytics and competitive intelligence to enable mortgage lenders to identify and act on market opportunities, optimize operations and maximize profitability.

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 www.nomissolutions.com.

News from Nomis Solutions

Nomis Solutions (Nomis), a global, industry-leading pricing and profitability management solutions provider, announced it has added several new sales and marketing hires to support its mortgage pricing and profitability management initiatives and competitive intelligence technology.

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

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

Sales Boomerang and Insellerate combine real-time borrower intelligence and marketing automation to supercharge mortgage customer engagement

WASHINGTON, D.C. /ScoopCloud/ -- Sales Boomerang, the industry's top-rated automated borrower intelligence and retention system, has expanded its integration with leading mortgage customer experience platform Insellerate. By combining loan opportunity alerts from Sales Boomerang with Insellerate's automated, multi-channel marketing that spans phone, text, email, direct mail, social media and website retargeting, the technologies' seamless API integration enhances every stage of the borrower journey to help lenders increase customer retention and convert more leads to loans.

Sales Boomerang analyzes consumer and market data in real-time to alert lenders when a prospect or past customer is ready for a new loan. For example, when a consumer's credit activity indicates they may be mortgage shopping, or when their credit score improves, Sales Boomerang notifications allow loan officers to help borrowers apply for a loan for which they were previously not qualified. On average, lenders using Sales Boomerang improve their borrower retention by 11.66% and see a 20 to 40% average lift to loan volume.

"Between home purchases, refis and home-equity loans, the average consumer will do 11 mortgages in their lifetime," said Sales Boomerang CEO Alex Kutsishin. "Sales Boomerang's goal is to help lenders earn their customer's loyalty across all 11 loans by presenting meaningful financial opportunities at exactly the right time, every time. Our integration with Insellerate doesn't just make that kind of customer service possible, it makes it easy and efficient."

Built by mortgage professionals, Insellerate combines the customer relationship management (CRM) tools that are essential to loan officer success with a full range of customer engagement capabilities, including built-in lead management, sales enablement and automated marketing. The platform's rich content library and modern architecture are purpose-built to integrate seamlessly with any lender's existing tech stack, enabling Insellerate to deliver value from day one. Loan originators can even use Insellerate from a mobile device.

"Insellerate's comprehensive customer engagement toolset, combined with real-time opportunity alerts from Sales Boomerang, keeps lenders competitive in any market by helping originators find more opportunities, work more efficiently and close more loans," said Insellerate CEO Josh Friend.

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™.

About Insellerate:

Insellerate helps lenders close more loans through better borrower engagement. The mortgage industry's most innovative marketing and sales engagement platform. We deliver dynamic technology, strategy, and content for every channel of your business to ensure engagement throughout the borrower's journey. Insellerate integrates with the software that is powering your business today and into the future. Insellerate is a highly scalable, configurable, and modern platform that accelerates the sales process and generates repeat business. SOC 2 and SSAE 18 certified, Insellerate is built to satisfy the most closely regulated businesses, including banks with mortgage subsidiaries. For more information, visit https://insellerate.com/ or contact us at 855-973-1646.

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

News from Sales Boomerang

Sales Boomerang, the industry's top-rated automated borrower intelligence and retention system, has expanded its integration with leading mortgage customer experience platform Insellerate.

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

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

LBA Ware to host capital markets expert Rob Chrisman for webinar on today’s mortgage M&A market

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 the second installment in its free, quarterly webinar series. Featuring capital markets expert Rob Chrisman, Deal or No Deal: Growth and Exit Strategies for Today's Mortgage Lender is designed to give lending executives and investors meaningful insight into today's mortgage M&A market. The webinar will take place Thursday, May 13, from 1-2 p.m. ET.

Rob Chrisman's daily market commentary is among the mortgage industry's most widely read publications. A three-decade veteran of the mortgage banking industry, Chrisman will join LBA Ware Founder and CEO Lori Brewer for a live fireside chat that will examine recent industry deals and highlight the most important factors for investors, buyers and sellers to consider in today's market.

Topics will include:

* Deal-making 101: Various deal types and strategic motivators of investors, buyers, and sellers

* Rob's insider take on today's biggest M&A and IPO headlines

* Why cultural compatibility is crucial to the success (or failure) of a deal

* The importance of understanding and reconciling compensation strategies pre-merger

* What to look for under the hood when evaluating business operations during due diligence

"As the pandemic recedes, M&A interest and IPO activity are heating up. We are honored to host Rob Chrisman, one of the most respected names in mortgage banking, for an insider's perspective on growth and exit strategies for today's mortgage lender - including the most important items to evaluate when looking 'under the hood' of an M&A prospect," said LBA Ware Founder and CEO Lori Brewer.

Attendees may submit questions for Rob Chrisman to answer at the time of registration. Registration is required. To register, click here.

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

News from LBA Ware

LBA Ware™, a leading provider of incentive compensation management (ICM) and business intelligence (BI) software solutions for the mortgage industry, today announced the second installment in its free, quarterly webinar series.

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

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

SimpleNexus enhances its eClose solution with remote online notarization (RON), enabling mortgage lenders to execute full eClosings

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 SimpleNexus eClose now supports remote online notarization (RON), enabling lenders to efficiently conduct fully-digital eClosings.

SimpleNexus eClose brings together borrowers, lenders, settlement agents and notaries for a collaborative and efficient closing experience. Integrated eSign capabilities offer borrowers the modern convenience of signing eDocuments on any web-enabled device, including mobile phones. Intelligent workflows improve lender efficiency by automatically updating documents across all platforms and alerting lenders when actions have been completed. eClosing portal access for settlement agents more closely engages them in the process.

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

In a RON eClosing, or full eClose, all documents are eSigned and electronically notarized by a commissioned remote online notary via webcam. SimpleNexus has partnered with market-leading, MISMO RON standard certified remote online notarization provider Notarize to debut RON in its eClose environment. In the future, SimpleNexus will partner with additional RON vendors.

"Remote online notarization is rewiring the closing experience for the digital era, making it simple, more efficient, and secure to close from anywhere, any time. In all market conditions, consumers are clamoring for the technology that streamlines closing, and Notarize is thrilled to be on the SimpleNexus eClose platform to close that 'last mile' of the transaction to make full eClosings a reality," said Pat Kinsel, Notarize Co-Founder and CEO.

With the addition of RON to SimpleNexus eClose, lenders can provide borrowers with a fully digital, single sign-on homebuying experience from application to closing. Currently, 32 U.S. states allow full eClosings in which all loan closing documents are eSigned and remotely notarized. RON bills have been introduced in several other states and at the Federal level.

"SimpleNexus is committed to delivering lenders with a one-stop platform that seamlessly guides borrowers throughout the entire homeownership journey," said SimpleNexus President Cathleen Schreiner Gates. "The added capability of RON, which enables full eClose, gives lenders and borrowers the choice to make closing as digital as they want. In addition to improved borrower experience, full eClose offers lenders substantial return on innovation with improved operational efficiency, greater data integrity and faster delivery of loans to the secondary market."

To date, SimpleNexus empowers 300 mortgage lenders to "do more," by connecting its 34,000 active LO users with more than 3 million borrowers and 141,000 real estate partners to produce 13 million mortgages totaling more than $3 trillion in volume.

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: https://www.simplenexus.com/.

About Notarize:

Notarize is the first platform to enable thousands of people each day to sign and notarize documents online. From adopting a child to buying a home, Notarize builds trusted products and services that support and bring trust to life's most important moments. For more information, visit https://www.notarize.com/.

Twitter: @SimpleNexus @Notarize #digitalmortgage #mortgageindustry #mortgagelending #eClose #RON

News from SimpleNexus

SimpleNexus, developer of the leading homeownership platform for loan officers, borrowers, real estate agents and settlement agents, today announced SimpleNexus eClose now supports remote online notarization (RON), enabling lenders to efficiently conduct fully-digital eClosings.

Related link: https://simplenexus.com/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

MCT Dives into Q2 with Two New Industry Leaders to Support Growth

SAN DIEGO, Calif. /ScoopCloud/ -- Mortgage Capital Trading, Inc. (MCT®), a leading mortgage hedge advisory and secondary marketing software firm, announced Mike Robertson and Justin Putz have joined the company in the roles of Senior Regional Sales Director and Midwest Regional Sales Director respectively. With over 45 years of experience combined, these two mortgage industry veterans bring a fresh perspective to the company's quickly expanding sales team.

"Mike and Justin are highly regarded mortgage industry professionals," said Tom Farmer, Managing Director of National Sales. "We are excited about their addition to our team and anticipate a tremendous expansion of lender and aggregator client partnerships."

Mike Robertson has worked in the mortgage industry for almost 30 years. For most of that time, he spent it in Correspondent Lending Sales with 23 years of that working for CitiMortgage. Mr. Robertson has had the pleasure of previously working with MCT as a partner and has firsthand experience with MCT's exemplar dedication to customer experience. He is excited to provide the same best-in-class service level and guidance that he himself received in his work with MCT clients. He currently resides in Buffalo, N.Y.

Joining Mr. Robertson on the sales team is Justin Putz who has worked in the mortgage industry for 18 years. He has done everything from operations to retail lending, to correspondent and wholesale, and, most recently, mortgage insurance. As a well-rounded expert, Mr. Putz will be able to educate other lenders on how to become more profitable in their hedging strategies with the best technology that the industry can offer. Mr. Putz currently resides in Minneapolis, Minnesota.

"During my time in the Correspondent Lending and Mortgage industry, I was able to partner with MCT and watch how they worked with their clients, delivering best in class service levels and guidance," Mr. Robertson said, "I feel very fortunate to join the MCT team and hope to continue that culture of client dedication."

Mr. Putz adds, "I love that I was given an opportunity to work with MCT. This allows me learn and to educate our lenders on how to be more profitable with their hedge approach and servicing with the best technology and support in the business."

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, Herldsburg, 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.

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

News from Mortgage Capital Trading Inc.

Mortgage Capital Trading, Inc. (MCT®), a leading mortgage hedge advisory and secondary marketing software firm, announced Mike Robertson and Justin Putz have joined the company in the roles of Senior Regional Sales Director and Midwest Regional Sales Director respectively.

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

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

SimpleNexus Founder and CEO Matt Hansen Lauded by Mortgage Bankers Association as 2021 Tech All-Star Award Recipient

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 that Founder and CEO Matt Hansen has been honored by the Mortgage Bankers Association (MBA) as a 2021 Tech All-Star award recipient.

The MBA recognized Hansen for architecting the first-ever mobile-native homeownership platform that engages primary stakeholders in the mortgage transaction from their preferred internet-enabled device. Hansen's technology contributions have broadly impacted the mortgage lending experience, with 13% of U.S. home loans passing through the SimpleNexus platform. To date, SimpleNexus has connected 34,000 active LOs at over 300 mortgage lenders with more than 4.5 million borrowers and 141,000 real estate partners. In 2020 alone, SimpleNexus' homeownership platform touched $520 billion in loans.

As testament to the market momentum Hansen has generated through SimpleNexus, the company recently raised $108 million in a Series B funding round led by Insight Partners and has become one of the nation's fastest-growing private firms. Having organically increased revenue 834% from 2016 to 2019, SimpleNexus has appeared on the Inc. 5000 for the past three consecutive years, held a spot on the Deloitte Technology Fast 500 for the past two years and earned rankings on several of Utah's fastest-growing company lists.

"To be recognized by the MBA as a Tech All-Star is truly an honor," said Hansen. "SimpleNexus' past and future success hinges on our ability to listen to and collectively work in the best interest of our customers. I share this commendation with the SimpleNexus team whose love for the industry and hard work has helped bring groundbreaking technology to fruition."

Now in its 20th year, the MBA Tech All-Star award program recognizes innovative leaders for their contributions to mortgage lending through technology. Honorees will be honored at the MBA Spring Conference, April 20-22.

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.

Twitter: @SimpleNexus #digitalmortgage #mortgageindustry #mortgagelending #peoplemovers

News from SimpleNexus

SimpleNexus, developer of the leading homeownership platform for loan officers, borrowers, real estate agents and settlement agents, today announced that Founder and CEO Matt Hansen has been honored by the Mortgage Bankers Association (MBA) as a 2021 Tech All-Star award recipient.

Related link: https://simplenexus.com/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

Digital Mortgage Platform Maxwell Announces Partnership with Mortgage Loan Origination System Byte Software

DENVER, Colo. /ScoopCloud/ -- Today, digital mortgage platform and fulfillment provider Maxwell Financial Labs, Inc. announced that it has partnered with Byte Software, a mortgage loan origination system that streamlines the mortgage production process.

With the establishment of this partnership, Maxwell's digital mortgage point-of-sale will connect to Byte's loan origination system via an API integration.

"Byte's best-of-breed approach provides consistency in business operations, even as production methods are rapidly evolving," commented Mark Todd, National Sales Manager at Byte. "The addition of an innovative partner like Maxwell will further enable our customers to quickly and easily adopt emerging digital strategies."

The integration of Maxwell and Byte will allow users to seamlessly connect their data and work within Maxwell with their LOS, creating a simple, intuitive process for lenders and borrowers. This includes acceptance of the new URLA 3.4 compliant loan application. This connectivity is critical in Maxwell's commitment to a relationship-focused mortgage experience, allowing the lending team to spend more time providing vital expertise to the borrower and performing value-add activities rather than working on lower-impact tasks.

"We're thrilled to unveil our partnership with Byte," said Maxwell Co-founder and CEO John Paasonen. "This key integration with Byte's LOS as the system-of-record with Maxwell's impactful point-of-sale platform will allow us to improve borrower experience, empower more lenders to save time, streamline processes, and increase productivity with our mutual customers."

Maxwell's robust integrations and partnerships enable lenders to accelerate the mortgage lending process from application to underwriting so loan officers can focus on the human relationship at the center of the mortgage journey. Today, hundreds of lenders across the U.S. use Maxwell to originate nearly $6 billion in mortgage loans each month at a closing rate 45 percent faster than the national average.

About Maxwell:

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

Connect with Maxwell:

- https://himaxwell.com/

- https://www.facebook.com/maxwellHQ

- https://twitter.com/ilovemaxwell

About Byte Software:

Over 1,000 organizations trust BytePro loan origination software with their business. Our clients range from national lenders originating thousands of loans per month to small organizations originating just a few. Whether your business is retail, wholesale or correspondent lending, we have solutions to meet your needs. www.bytesoftware.com

News from Maxwell Financial

Today, digital mortgage platform and fulfillment provider Maxwell Financial Labs, Inc. announced that it has partnered with Byte Software, a mortgage loan origination system that streamlines the mortgage production process.

Related link: https://himaxwell.com/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

Nomis Solutions Appoints FinTech Veteran Joe Zeibert as Vice President, Head of Mortgage Product and Strategy

SAN FRANCISCO, Calif. /ScoopCloud/ -- Nomis Solutions (Nomis), a global, industry-leading pricing and profitability management solutions provider, announced today the promotion of FinTech expert Joe Zeibert to vice president, head of mortgage product and strategy. In this role, Zeibert will lead the continued development and innovation of Nomis' mortgage pricing and profitability management and competitive intelligence technology.

Zeibert, previously an executive banker at Bank of America, was recruited by Nomis in 2019 to develop the company's flagship mortgage pricing and competitive intelligence product. In just over a year, Zeibert has established and launched a suite of mortgage SaaS products with record implementation times, doubled the Nomis client base and served as subject matter expert for a variety of mortgage industry speaking engagements and events.

"Bringing Joe on board was part of a multi-year strategic initiative to introduce a tactical, incredibly unique pricing and profitability management product to the mortgage industry," explained Frank Rohde, president and CEO of Nomis Solutions. "Joe's innate skills and mortgage know-how have been pivotal in Nomis' rapid growth, and we are more focused than ever before on driving innovation for mortgage pricing and profitability insights."

Zeibert's knack for mortgage pricing has been cultivated over the last 15 years through his extensive experience in home equity pricing, analytics and product development. During his eight-year tenure at Bank of America, draw-per-loan increased by 23%, and profitability rose by 15%. He then progressed to Ally Financial as senior director of product, pricing, credit and analytics of the mortgage division. There, he generated more than $5 billion in leads annually, modeled 662 million price points individually and drove ad hoc and automated analytics and reporting tools to provide competitive pricing insights and empower data-driven decisions.

"Nomis has really opened the floodgates of opportunity for mortgage lenders of any size. We have perfected the science behind leveraging competitive data and actionable analytics to provide real-time, granular insight into an organization's operational processes, competition and the effectiveness of their strategies," said Zeibert. "I am honored to receive this promotion and look forward to watching more and more lenders take advantage of these tools that provide a substantial competitive edge."

Nomis' mortgage technology suite provides real-time pricing analytics and competitive intelligence, enabling mortgage lenders to identify and act on market opportunities, strengthen customer relationships, optimize 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/.

News from Nomis

Nomis Solutions (Nomis), a global, industry-leading pricing and profitability management solutions provider, announced today the promotion of FinTech expert Joe Zeibert to vice president, head of mortgage product and strategy.

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

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

ReverseVision Selects AWS as Cloud Provider to Deliver World-Class Digital Reverse Mortgage Lending Experience

SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision®, the leading national provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, announced it has adopted Amazon Web Services, Inc (AWS) as its preferred cloud provider. The move to AWS is part of ReverseVision's platform transformation, which aims to establish reverse mortgage loans as mainstream lending programs by bridging the technology gap between reverse and forward lending systems with its flexible, cloud-enabled architecture.

Leveraging AWS enables ReverseVision to increase the agility of its award-winning reverse mortgage lending platform. The scalability of AWS makes it possible for ReverseVision to accommodate large volume fluctuations without compromising platform performance. Additionally, AWS provides ReverseVision the capacity to build and scale a high-performing API environment that supports dynamic connectivity with lenders' full tech stacks.

ReverseVision Chief Technology Officer Jim Magner reports that since transitioning to AWS many areas of platform performance have improved 20-30%.

"Moving to AWS is important to ReverseVision's broader technology strategy of enabling lenders to bring reverse mortgages into their forward mortgage lending workflow," said Jim Magner. "Older Americans hold over $8.05 trillion in home equity and have a strong need for financial flexibility. Offering reverse mortgage loans alongside traditional loans will expand the options available to the 1.5 million Americans over the age of 62 who take out a mortgage each year."

AWS has the most extensive and broadly adopted global cloud infrastructure. Its secure cloud computing environment is architected to meet security requirements for global banks, the military and high-sensitivity organizations.

About ReverseVision

Founded in 2007, ReverseVision®, Inc. is the leading national Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology platform, supporting more reverse mortgage transactions than all other systems combined. The company's comprehensive product suite aligns to lenders' unique business and operational models, connecting all lending participants across the entire reverse mortgage lifecycle. A five-time HousingWire TECH100™ company, ReverseVision is a privately held company based in San Diego, California.

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

Twitter: @reversevision #digitalmortgage #HECM

Facebook: @ReverseVision

LinkedIn: @ReverseVision

News from ReverseVision Inc.

ReverseVision, the leading national provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, announced it has adopted Amazon Web Services, Inc (AWS) as its preferred cloud provider.

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

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

Provident Funding Partners with Lender Price

PASADENA, Calif. /ScoopCloud/ -- Lender Price, a provider of mortgage loan pricing and origination technology, announced today that Provident Funding has joined the Lender Price Marketplace. Provident Funding has been committed to the wholesale channel since inception in 1992. The Lender Price Marketplace user base has doubled over the past 12 months with more than 5,700 brokers.

Provident Funding's management team is "excited to make our industry leading price more transparent and available by using the Marketplace! We remain committed to brokers' success and thank them for recognizing the advantage our pricing gives them!"

"We're looking forward to our partnership with Provident Funding, who is one of the leading wholesale lenders and is well known as a price leader," said Dawar Alimi, CEO and founder of Lender Price. "Our Marketplace platform's ability to support a myriad of lenders and programs is one reason that brokers come to our Marketplace to find the most competitive deals for their customers such as those offered by Provident Funding."

About Lender Price

Lender Price is a California-based big data technology innovator and developer of digital mortgage lending technology, including the Digital Lending point-of-sale (POS) tool and an advanced product, pricing & eligibility (PPE) engine. Lender Price provides all types of mortgage lending institutions - wholesale and correspondent lenders, banks, credit unions and mortgage brokers - with advanced technology designed to eliminate friction, increase transparency, and effectively engage with borrowers.

More information about Lender Price and Marketplace can be found at: http://www.lenderprice.com/ and https://lenderprice.com/marketplace/

About Provident Funding

Provident Funding is a nationwide direct mortgage lender and servicer. Founded in 1992, Provident Funding has created a customer-oriented culture with an experienced team of highly trained mortgage experts. Since inception, Provident Funding has maintained a firm commitment to a low-cost business model which allows for cost savings to be passed on to customers through industry-leading rates. This has earned Provident Funding a solid industry reputation as The Mortgage Price Leader.

News from Lender Price

Lender Price, a provider of mortgage loan pricing and origination technology, announced today that Provident Funding has joined the Lender Price Marketplace. Provident Funding has been committed to the wholesale channel since inception in 1992. The Lender Price Marketplace user base has doubled over the past 12 months with more than 5,700 brokers.

Related link: https://lenderprice.com/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

Sales Boomerang Becomes Affiliate Member of ACUMA, Bringing New Tools for Member Retention to Credit Unions

WASHINGTON, D.C. /ScoopCloud/ -- Sales Boomerang, the industry's top-rated automated borrower intelligence and retention system, today announced it has joined the American Credit Union Mortgage Association (ACUMA) as an affiliate member. As a member of ACUMA, Sales Boomerang provides tools for credit unions looking to improve member retention, increase member utilization of mortgage and home-equity loan programs and strengthen referral relationships with real estate agents.

Sales Boomerang alerts credit unions to their members' activity at the most advantageous times. For example, when a member's credit activity indicates they may be mortgage shopping, or when their credit score improves, Sales Boomerang notifications allow credit unions to help members apply for a loan for which they were previously not qualified. On average, credit unions using Sales Boomerang improve their member retention by 11.66% and see a 20 to 40% average lift to loan volume.

"We're proud to be an affiliate member of ACUMA and eager to help credit unions improve mortgage lending services to their members," said Sales Boomerang CEO Alex Kutsishin. "Bringing relevant loan options to members' attention at the most opportune time helps credit unions deliver on their mission. We're looking forward to helping CUs focus on what matters most: their members."

ACUMA is an organization of and for credit unions that brings together shared real estate lending and financing interests. ACUMA member organizations include federal- and state-chartered credit unions and Credit Union Service Organizations (CUSOs), mortgage insurance companies, secondary market investors and investment banking firms and mortgage technology firms.

"Our organization serves as a resource to thousands of credit union professionals and their primary suppliers to network, share knowledge, build relationships and grow market share," said Tracy J. Ashfield, ACUMA President. "We're pleased to present an additional resource to our members and extend Sales Boomerang a warm welcome."

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 ACUMA:

The American Credit Union Mortgage Association provides resources and education to credit unions aimed at streamlining performance, processes and procedures for real estate lending services. ACUMA's goal is to encourage credit unions to help more consumers get fairly priced and safe mortgage loans delivered locally, and in so doing, providing them with a pathway to the American dream of home ownership.

Twitter: @SalesBoomerang @ACUMACommunity #mortgageindustry #mortgagemarketing #customerretention #ACUMA

News from Sales Boomerang

Sales Boomerang, the industry's top-rated automated borrower intelligence and retention system, today announced it has joined the American Credit Union Mortgage Association (ACUMA) as an affiliate member.

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

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

Top of Mind Debuts Bidirectional Connection Between Its Surefire Automated Mortgage Marketing Platform and Salesforce CRM

ATLANTA, Ga. /ScoopCloud/ -- Top of Mind Networks (Top of Mind) today announced the debut of a bidirectional data connection between Surefire, the number-one platform for automated mortgage marketing, and Salesforce, the world's most popular enterprise CRM. The connection gives mortgage lenders unprecedented choice and control over the way information is shared between their enterprise CRM and mortgage marketing technologies.

Salesforce is not required to reap the benefits of Surefire, which offers native CRM capabilities. However, Top of Mind's tie-in with Salesforce Lightning Connect helps banks, credit unions and independent mortgage companies that have already invested in Salesforce maximize the effectiveness of their marketing programs by playing to the unique strengths of each platform.

"For an enterprise-class lender, there's no better CRM than Salesforce - and there's no better mortgage marketing automation tool than Surefire," said Top of Mind Chief Operating Officer and Chief Technology Officer Erik Enright. "We've made it easy for lenders to leverage the best of both systems and tailor the experience to the exact way they do business."

Top of Mind's connection with Salesforce comes pre-configured with default mapping to Salesforce data fields, making it easy to use out of the box. By adjusting a few simple toggles, lenders can specify exactly what data should be shared between systems, which direction the data should flow and when it should be pushed. For instance, lenders may wish to share just leads and contacts, or they may choose to share tasks, events, emails, and phone call records. Records can be shared as they are created, or they can be shared every time they're updated. Lenders can even create and share custom data fields.

"We built this connection to give mortgage lenders choice and control over the way Salesforce and Surefire work together - without the need to hire a six-figure developer or consultant," said Enright. "Whether loan originators log into both systems or only use one system of record, the data flow can be adjusted to suit."

Lenders that use Salesforce Sales Cloud to manage leads and customers can turn on Top of Mind's marketing automation workflows to engage contacts with dynamic content designed to win new business, earn repeat business and deserve referral business. If a company prefers to build its customer journeys with Salesforce Marketing Cloud instead of Surefire, it can still make its marketing automation more impactful with Top of Mind's award-winning content. And whether a lender uses Salesforce Sales Cloud, Salesforce Marketing Cloud, or both, its marketing program can be greatly enhanced by the application of Top of Mind's Blueprints for Success, a set of mortgage marketing best practices informed by the team's more than 450 years of mortgage industry experience.

For more information about Top of Mind's connection with Salesforce, request a demo.

About Top of Mind Networks:

Founded in 2003, Atlanta-based Top of Mind Networks ( https://www.topofmind.com ) started as a bootstrapped direct-mail marketing company. Today, the company is recognized as the mortgage industry's most-relied-upon provider of marketing automation and creative content solutions. From individuals to enterprise lenders, Top of Mind's SurefireCRM helps thousands of mortgage professionals win new business, earn repeat business and deserve referral business. With intuitive, "set it and forget it" workflows and award-winning content, mortgage professionals can effortlessly maintain and deepen their emotional connections with clients.

@mortgagecrm @salesforce #marketingautomation #mortgagemarketing #digitalmortgage

News from Top of Mind Networks

Top of Mind Networks (Top of Mind) today announced the debut of a bidirectional data connection between Surefire, the number-one platform for automated mortgage marketing, and Salesforce, the world's most popular enterprise CRM.

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

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

Top of Mind’s Surefire CRM Integrates with LendingPad LOS to Streamline Communication Throughout the Loan Origination Process

ATLANTA, Ga. /ScoopCloud/ -- Top of Mind Networks (Top of Mind), a leader in customer relationship management (CRM) and marketing automation software for the mortgage lending industry, today announced an integration between its Surefire CRM and the LendingPad(r) suite of loan origination solutions (LOS).

The direct API connection enables real-time sharing of contact records and loan milestones between LendingPad and Surefire CRM, which in turn allows lenders to automate the delivery of personalized communication that enhances the loan applicant experience and keeps deals moving forward. For instance, originators can use Surefire CRM to dynamically generate and deploy interactive content that walks first-time homebuyers through what to expect during the loan process. The system can automatically "nudge" applicants who need to submit documents to complete their loan applications. And once an application is complete, Surefire CRM keeps all stakeholders up to date on the loan's status at every stage in the origination process, eliminating the need for borrowers and loan originators to play phone tag.

"We've been hearing from more lenders as well as independent mortgage brokers that LendingPad has become their LOS of choice thanks to its quick speed-to-value and smooth URLA execution," said Top of Mind CEO Bill Hayes. "We have responded swiftly to that market demand with a seamless integration that lets lenders combine the agility and efficiency of LendingPad with the power of industry-leading marketing automation tools and dynamic content from Surefire CRM."

LendingPad offers a full suite of cloud-based LOS solutions for mortgage brokers, independent mortgage companies, banks and credit unions with fast implementation and flexible pricing that scales to teams of any size, from just a few users to enterprise institutions. Each edition of the LendingPad LOS fully supports the redesigned Uniform Residential Loan Application (URLA) and is Mortgage Industry Standards Maintenance Organization (MISMO) v3.4 compliant.

"LendingPad is an agile, modern LOS with a commitment to serving mortgage lenders - and helping them compete - woven into our DNA," said LendingPad Managing Director Wes Yuan. "Our integration with Top of Mind's Surefire CRM delivers on that commitment by enabling originators to stay engaged with borrowers throughout the loan process in a way that's both personal and efficient."

About Top of Mind Networks:

Founded in 2003, Atlanta-based Top of Mind Networks ( https://www.topofmind.com ) started as a bootstrapped direct-mail marketing company. Today, the company is recognized as the mortgage industry's most-relied-upon provider of marketing automation and creative content solutions. From individuals to enterprise lenders, Top of Mind's SurefireCRM helps thousands of mortgage professionals win new business, earn repeat business and deserve referral business. With intuitive, "set it and forget it" workflows and award-winning content, mortgage professionals can effortlessly maintain and deepen their emotional connections with clients.

About LendingPad:

LendingPad Corp ( https://www.lendingpad.com ) provides a complete suite of loan origination solutions for banks, brokers, and institutions via its LendingPad LOS product line. LendingPad is designed to streamline operations, strengthen communication, and reduce costs in mortgage lending. The cloud-based solutions include end-to-end features such as point-of-sale, document management and loan fulfillment. LendingPad is a winner of the 2021 HousingWire Tech100 award and one of the Top 10 Mortgage Solution Providers by Banking CIO magazine. The platform is endorsed by the National Association of Mortgage Brokers (NAMB) and the Association of Independent Mortgage Experts (AIME) and is a premier member of the Mortgage Bankers Association (MBA).

@mortgagecrm @LendingPad #marketingautomation #mortgagemarketing #digitalmortgage

News from Top of Mind Networks

Top of Mind Networks (Top of Mind), a leader in customer relationship management (CRM) and marketing automation software for the mortgage lending industry, today announced an integration between its Surefire CRM and the LendingPad(r) suite of loan origination solutions (LOS).

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

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

2021 HW TECH100 Mortgage Award Announces MCT As Leader In Innovation

SAN DIEGO, Calif. /ScoopCloud/ -- MCT® was announced as a 2021 HousingWire Tech100 Mortgage Winner. The Tech100 Real Estate Award recognized the most innovative and impactful technology companies serving the mortgage industry forever changing the home sales process. MCT launched and enhanced several technology solutions and services throughout the past year and also achieved company milestones, helping it earn a spot on the latest Tech100 list.

HousingWire's 2021 Tech100 Mortgage winners helped mortgage lenders and servicers deliver outsized growth driven by innovation and impact, taking digital disruption to a new level. The winners were deemed to offer change in helping borrowers, clients and companies forward toward a more innovative and efficient housing market. MCT was selected for the HW Tech100 by a Selection Panel of industry leaders that viewed and voted on submissions based on the "Market Served" category. The final list was reviewed and confirmed by a committee of HousingWire editors.

MCT facilitated whole loan liquidity between sellers and buyers of mortgage loans with a new program called BAM Marketplace®, finding comprehensive outlets on whole loans to ensure competitive execution during all market cycles. BAM Marketplace is a platform within MCTlive!® that integrates with existing lender and investor processes to encrypt bid tapes so that they can be securely, accurately and quickly priced and traded.

"We are thrilled and delighted to be recognized once again by HousingWire for our contributions to the technological advancement of the mortgage industry," said Curtis Richins, President and CEO of MCT. "It wouldn't have been possible without the dedication and intelligence of our outstanding team members, who are committed to supporting clients in the best ways possible, always stiving to push the ball of what a trusted capital markets partner can offer."

MCT released several other technologies over the past year including the MCTlive! Pool Optimizer® Technology, enabling secondary marketing managers to use actual cash window execution for optimization on each individual loan rather than using a dealer survey for spec pay-ups, and integration with Fannie Mae's Pricing & Execution - Whole Loan® Application that provides live Servicing Marketplace® (SMP) pricing from servicing partners for loan populations of any size

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 San Antonio. 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.

News from Mortgage Capital Trading Inc.

MCT® was announced as a 2021 HousingWire Tech100 Mortgage Winner. The Tech100 Real Estate Award recognized the most innovative and impactful technology companies serving the mortgage industry forever changing the home sales process.

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

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

SimpleNexus Welcomes Andria Lightfoot as Vice President of Professional Services

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 the hire of mortgage industry veteran, Andria Lightfoot, PMP, CSM, as vice president of professional services. In this role, Lightfoot will be responsible for ensuring SimpleNexus' professional service teams deliver industry-leading consultative and implementation services.

Most recently Lightfoot served as chief operations officer at George Mason Mortgage, LLC, where she led mortgage operations, provided strategy for enterprise software solutions and implemented innovative change management initiatives. During her six-year tenure at George Mason, Lightfoot reduced turn-times by three business days, increased application pull-through by 12% and reduced TRID tolerance cures by 150%.

Previously, Lightfoot led technology strategy at Prosperity Home Mortgage and J.G. Wentworth Home Lending. She has also served as senior business analyst at renowned mortgage technology consulting firm Teraverde.

“Andria is a proven mortgage technology leader with a demonstrated ability to improve processes,” said SimpleNexus President Cathleen Schreiner Gates. “Her experience leading transformational operational initiatives at mortgage lending organizations will be of great value to SimpleNexus customers.”

"Improving customer experience and streamlining processes has long been a passion of mine," said Lightfoot. "I am thrilled to join an organization that's at the forefront of changing mortgage technology for the better."

Lightfoot serves on the Mortgage Bankers Association CIO Committee. She is a frequent speaker at mortgage industry events and has been quoted in numerous publications including Forbes.

To view open positions at SimpleNexus, visit https://simplenexus.com/sn/careers/. Contact hr@simplenexus.com to submit a resume.

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.

Twitter: @SimpleNexus #digitalmortgage #mortgageindustry #mortgagelending #peoplemovers

News from SimpleNexus

SimpleNexus, developer of the leading homeownership platform for loan officers, borrowers, real estate agents and settlement agents, today announced the hire of mortgage industry veteran, Andria Lightfoot, PMP, CSM, as vice president of professional services.

Related link: https://simplenexus.com/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

Sales Boomerang and Usherpa Expand Partnership to Set Mortgage Lenders Up for Success in 2021 Purchase Market

WASHINGTON, D.C. /ScoopCloud/ -- Sales Boomerang, the industry's top-rated automated borrower intelligence and retention system, has expanded its partnership with Usherpa, a marketing and customer relationship management (CRM) platform for Realtors and mortgage lenders. Sales Boomerang's automated borrower intelligence is now integrated with Usherpa's newest feature, a FCRA- and RESPA-compliant co-marketing portal that helps lenders expand the nature and depth of their referral partnerships with Realtors.

The Real Estate Settlement Procedures Act (RESPA) prohibits lenders and real estate partners from engaging in quid pro quo referral relationships, a guideline that has made it difficult for lenders and their agents to co-brand marketing materials in a compliant and cost-effective fashion. Usherpa's new co-marketing portal solves this problem by making it easier than ever for loan officers and Realtors to share the cost of creating and distributing co-branded marketing materials to their shared customer database in a compliant manner. By leveraging Usherpa's integration with Sales Boomerang's automated borrower intelligence, lenders can receive actionable, real-time alerts whenever someone in their database - or their referral partner's database within the co-marketing portal- is ready for a loan.

As soon as a customer becomes a candidate for a loan - because they've improved their credit score, market rates have changed or their home has accrued sufficient equity, for example - Sales Boomerang notifies the lender, who can then initiate marketing outreach that is co-branded with the Realtor's information. The marketing campaigns can be automated using pre-written marketing content created by Usherpa's experienced staff of industry experts or customized to meet individual company needs.

"The enhanced integration between Usherpa and Sales Boomerang is a win-win for loan officers and Realtors looking to take their referral partnerships to the next level," said Sales Boomerang CEO Alex Kutsishin. "The loan officer and Realtor share database information within the Usherpa co-marketing portal, we find the loan opportunities and Usherpa automates compliant and effective co-marketing outreach."

"Our customers have been looking for a more effective way to co-market with Realtor partners that is fully RESPA- and FCRA-compliant," said Usherpa Director of Business Development Paul Harrington. "Not only have we delivered what the doctor ordered, we've also enhanced it with the best opportunity alerts in the business thanks to our partnership with Sales Boomerang."

"Eustis Mortgage has developed a prosperous Realtor Success Program using the Sales Boomerang and Usherpa co-marketing portal," said Stephen Barton, SVP of National Retail Growth at Eustis Mortgage. "In just three quarters, our loan officers generated an average of more than $16 million per month in additional revenue."

About Usherpa:

Usherpa has been serving the mortgage and real estate industry since 1995, when it was founded as Media Center LLC. The company offers a powerful, easy-to-use marketing and CRM platform backed by gold-standard customer support and robust training to help Loan Officers and Real Estate Agents make the most of its effortless, fully-automated CRM. Usherpa users are empowered to build and maintain relationships with prospects, past customers, and business partners, resulting in increased repeat and referral business. Visit https://usherpa.com/ to learn more.

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).

@SalesBoomerang @UsherpaCRM #mortgagemarketing #customerretention #RESPA

News from Sales Boomerang

Sales Boomerang, the industry's top-rated automated borrower intelligence and retention system, has expanded its partnership with Usherpa, a marketing and customer relationship management (CRM) platform for Realtors and mortgage lenders.

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

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

Embrace Home Loans Launching SimpleNexus Homeownership Platform for Its 300 Retail Mortgage Loan Officers in 2021

LEHI, Utah /ScoopCloud/ -- Top-ranked mortgage lender Embrace Home Loans today announced plans to roll out SimpleNexus, the leading homeownership platform for loan officers (LOs), borrowers, real estate agents and settlement agents, to more than 300 retail mortgage LOs before the end of the year.

SimpleNexus is currently the mortgage industry's leading point-of-sale platform, serving more than 300 lenders across the United States. Embrace Home Loans is the first lender to leverage SimpleNexus in conjunction with Black Knight(r)'s Empower(r) loan origination system (LOS). Other unique aspects of the implementation include a new mobile disclosures integration with First American Docutech(r) and a first-of-its-kind feature that will allow borrowers to pay for appraisals in-app using a credit card.

"Embrace has been an amazing partner and has pushed us to extend SimpleNexus' already market-leading feature set. We can't wait to see how loan officers and borrowers respond to the improved experience," said SimpleNexus Founder and CEO Matt Hansen. "Moreover, this partnership could serve as a model for future Empower LOS users who would like to experience the benefits of SimpleNexus' end-to-end homeownership platform."

Embrace Home Loans was founded in 1983 as a consumer-direct lender headquartered in Middletown, Rhode Island, and has been steadily growing its retail origination channel since 2009. In addition to its consumer direct platform, the company currently employs more than 300 loan officers at branches along the East Coast. Embrace believes the new integration will empower its loan officers to provide even greater customer service, according to Customer Experience Director and Vice President Meghan Handy.

"We've been in business for 38 years, so we have a clear perspective on how to customize things for our team. We needed a solution that was LO-centric and pliable enough to let our team continue serving customers and Realtors in the way they prefer," said Handy. "SimpleNexus offers that kind of flexibility while at the same time equipping our LOs for success in the booming purchase market by transforming the way they work with borrowers and Realtors."

Embrace employees can expect a gradual phase-in of the SimpleNexus platform over the next several months. Handy expects her company will be delivering an improved customer experience - and seeing a measurable lift to loan volume - before the end of 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/.

About Embrace Home Loans:

Founded in 1983, Embrace Home Loans is a prominent mortgage lender that provides borrowers and financial institutions with an exceptional mortgage experience. Licensed in all states except Hawaii, as well as the District of Columbia, Embrace has been recognized seven times as one of the Best Medium-sized Companies to Work for in America by Fortune and five times as one of the Fastest Growing Companies in America by Inc. The company has also been recognized fourteen times as one of the Best Places to Work in Rhode Island, as the Most Community Involved Company in Rhode Island, and with the Leadership Excellence Award by Providence Business News. The company is based in Middletown, Rhode Island. For more information, please visit https://www.embracehomeloans.com/.

Twitter: @SimpleNexus @EmbraceHomeLoan #digitalmortgage #mortgageindustry #mortgagelending

News from SimpleNexus

Top-ranked mortgage lender Embrace Home Loans today announced plans to roll out SimpleNexus, the leading homeownership platform for loan officers (LOs), borrowers, real estate agents and settlement agents, to more than 300 retail mortgage LOs before the end of the year.

Related link: https://simplenexus.com/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

Michigan First Credit Union Implements CompenSafe by LBA Ware to Facilitate Mortgage Lending Division Growth

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 that Michigan First Credit Union (Michigan First) has implemented LBA Ware's ICM platform CompenSafe™ to automate incentive compensation for its mortgage division's 40+ loan originators (LOs) and loan originator assistants (LOAs). After a record-setting 23-day implementation period, Michigan First deployed CompenSafe to automate monthly incentive compensation for its LOs and LOAs and is currently working on rolling it out for its operational staff.

Holding $1.4 billion in total assets, Michigan First is an open credit union serving 175,000 members that live or work in the state of Michigan. Michigan First introduced mortgage lending as a member service in 2014, and originates, underwrites and services all of its mortgage loans in-house. The credit union has substantially grown its mortgage lending division each year, closing 2,000 mortgage loans representing nearly $500 million in volume in 2020.

"I selected CompenSafe to streamline Michigan First's incentive compensation because its efficiency enables us to quickly scale to growth and its flexibility enables us to develop custom incentive compensation plans that motivate our mortgage team to build strong relationships with members," said Michigan First Chief Mortgage Lending Officer Dan Sugg, CMB. "In addition to saving us time, money and energy, CompenSafe provides unparalleled transparency into the compensation process. LOs and sales team leaders frequently check their CompenSafe dashboard for pay and productivity updates as loans move through the pipeline."

CompenSafe is the only ICM platform purpose-built for mortgage lenders. By integrating directly with mortgage loan origination systems (LOSs), CompenSafe automatically calculates commissions and bonuses as loans fund in near real-time. In addition to freeing lenders from the error-prone, time-consuming process of managing incentive compensation with spreadsheets, CompenSafe tracks and time-stamps all commission transactions, creating a comprehensive audit trail for CFPB compliance.

"Credit unions seeking to forge stronger ties with members through mortgage lending benefit from automating the burdensome chore of managing incentive compensation so they can focus on what matters most: the member experience," said LBA Ware Founder and CEO Lori Brewer. "LBA Ware understands that empowering lenders with the latitude to develop specialized incentive compensation structures helps motivate loan teams to meet productivity goals and deliver a better member experience. We're honored that Michigan First has selected CompenSafe to facilitate its mortgage lending division's growth."

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 Michigan First Credit Union:

With over $1.3 billion in assets, Michigan First Credit Union has represented financial stability to its members since 1926 and now serves over 175,000 area residents and businesses. The credit union continues growing strong by providing the best in financial products and services to its valued members. Learn more at www.michiganfirst.com.

Twitter: @LBAWare #CompenSafe #creditunion #mortgagelending

News from LBA Ware

LBA Ware, a leading provider of incentive compensation management (ICM) and business intelligence (BI) software solutions for the mortgage industry, today announced that Michigan First Credit Union (Michigan First) has implemented LBA Ware's ICM platform CompenSafe to automate incentive compensation for its mortgage division's 40+ loan originators (LOs) and loan originator assistants (LOAs).

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

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

DocMagic and Secure Insight Form Partnership, Creating a National Database of Certified Remote Online Notarization Providers

TORRANCE, Calif. /ScoopCloud/ -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, automated regulatory compliance and comprehensive eMortgage services, and Secure Insight, Inc., the leading risk reporting firm for data intelligence on mortgage settlement agents, jointly announced the offering of a centralized training program on remote online notarization (RON) technology and processes. The program establishes a trusted database of notaries that have been fully trained and certified on DocMagic's industry-leading Total eClose(tm) platform.

Lenders have a growing need to tap well-qualified eNotarization professionals to work with and ensure deals close smoothly and on time. This new certification program reaches the greatest number of notaries with a working knowledge of DocMagic's Total eClose solution and is poised to significantly move the adoption needle.

"Ultimately, this partnership creates a better RON process for lenders and borrowers alike, benefiting all users involved in the eClosing process," says Dominic Iannitti, president and CEO of DocMagic. "Lenders are operating at maximum capacity right now with an influx of mortgage applications that they must ultimately close on as efficiently as possible amid heavy loan volume. Our new certification process will ensure lenders that RON eClosings will be handled quickly and efficiently by a ready supply of proficient eNotaries."

Secure Insight has an extensive national database of notaries that can now be easily accessed to locate notarial agents qualified to complete seamless, compliant eClosings using RON technology. By joining forces, DocMagic offers the technology and Secure Insight provides a unique database and individual training for notaries.

"One of the primary challenges in facilitating RON transactions is that lenders are hesitant to entrust the closing process with a notary that may be ill-equipped to effectively perform an eClose transaction," says Andrew Liput, CEO at Secure Insight. "Teaming with DocMagic allows us to identify properly licensed, experienced and trained professionals whom lenders will feel comfortable leveraging to perform the specialized functions surrounding these unique transactions."

DocMagic's Total eClose solution is an award-winning platform that has also been ranked by independent third-party studies as the leading eClosing technology in the mortgage industry. Secure Insight boasts one of the largest databases of closing professionals in the country and now adds a widespread stable of knowledgeable eNotaries, creating a powerful educational foundation that boosts digital mortgage lending competence.

About DocMagic:

DocMagic, Inc. is the leading provider of fully-compliant document generation, automated regulatory 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 http://www.docmagic.com/.

About Secure Insight:

Secure Insight was the first company to offer a standardized risk management process and information database of fully risk-assessed mortgage closing professionals that protects consumers and lenders, reducing fraud and ensuring that federal regulatory requirements are met. Secure Insight monitors tens of thousands of attorneys, title agents escrow officers and notaries nationwide through proprietary SaaS technology and the mortgage industry's only National Settlement Agent Database. This database is accessed daily as a fraud prevention tool by state and federal banks, mortgage lenders and credit unions throughout the United States. Secure Insight was named one of the Top 50 companies to watch in the Fintech space for 2021 by the Silicon Review, and in 2020 was named one of the Top Financial Security Providers by CFO Technology Magazine. For more information about Secure Insight please visit www.secureinsight.com.

News from DocMagic, Inc.

DocMagic, Inc., the premier provider of fully-compliant loan document preparation, automated regulatory compliance and comprehensive eMortgage services, and Secure Insight, Inc., the leading risk reporting firm for data intelligence on mortgage settlement agents, jointly announced the offering of a centralized training program on remote online notarization (RON) technology and processes.

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

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

Top of Mind’s Power Video Helps Loan Originators Build Personal Connections with Clients, Prospects and Referral Partners – in Seconds

ATLANTA, Ga. /ScoopCloud/ -- Top of Mind Networks (Top of Mind), a leader in customer relationship management (CRM) and marketing automation software for the mortgage lending industry, today announced the launch of Power Video, a new toolset within Surefire CRM that makes it easy to record and send videos to clients, prospects and referral partners at scale.

Loan originators (LOs) do not need any special software to use Power Video; instead, they can record videos directly within Surefire CRM or upload videos from any mobile device. Lenders can send video content to clients and referral partners via email or text message on a one-off basis or as part of an automated, targeted marketing workflow.

"You can't always talk to your customers face-to-face, but that doesn't mean you can't make a connection that's both personal and powerful," said Top of Mind Executive Vice President of Sales Nick Belenky. "We built Power Video to make it easy for lenders to manage video communication at scale, whether they have one LO or ten thousand LOs."

Frontline originators don't even have to log in to Surefire CRM to benefit from Power Video. Explains Belenky, "Let's say a lender wants to send a video birthday greeting to every past client. With Power Video, the marketing manager can send the entire origination team a script with a link to record their birthday greeting - all via text message. The system automatically uploads each LO's video clip to the right folder in the Surefire content library, and then the workflow is ready to deploy in a centralized fashion."

Power Video offers lenders scalability and built-in compliance controls that are not available in other mortgage video solutions. Every Power Video automatically becomes part of the lender's audit file in Surefire, making it easy to respond to records requests in the event of a compliance audit.

For more information, visit https://www.topofmind.com/power-video/.

About Top of Mind Networks:

Founded in 2003, Atlanta-based Top of Mind Networks (https://www.topofmind.com) started as a bootstrapped direct-mail marketing company. Today, the company is recognized as the mortgage industry's most-relied-upon provider of marketing automation and creative content solutions. From individuals to enterprise lenders, Top of Mind's SurefireCRM helps thousands of mortgage professionals win new business, earn repeat business and deserve referral business. With intuitive, "set it and forget it" workflows and award-winning content, mortgage professionals can effortlessly maintain and deepen their emotional connections with clients.

@mortgagecrm #marketingautomation #mortgagemarketing #digitalmortgage #PowerVideo #SurefireCRM

News from Top of Mind Networks

Top of Mind Networks (Top of Mind), a leader in customer relationship management (CRM) and marketing automation software for the mortgage lending industry, today announced the launch of Power Video, a new toolset within Surefire CRM that makes it easy to record and send videos to clients, prospects and referral partners at scale.

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

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

SimpleNexus and Norcom Mortgage Partner to Develop New Customer Mobile App

LEHI, Utah /ScoopCloud/ -- Norcom Mortgage, a family-owned mortgage company with 36 locations along the East Coast, announced today the launch of its Easy Street App for iOS and Android mobile devices. Built by SimpleNexus, developer of the leading homeownership platform for loan officers, borrowers, real estate agents and settlement agents, the Easy Street App provides borrowers a convenient and safe way to apply for a loan, stay up-to-date throughout the loan process and even complete the loan closing ceremony from a mobile device.

"This new mortgage technology is a game-changing step for Norcom. The Easy Street app brings together borrowers, Realtors and loan officers in a way that is unmatched in the mortgage industry," said Norcom Mortgage Executive Vice President, Operations Manager Mike Dimech. "Thanks to our partnership with SimpleNexus, this turnkey solution will allow our loan officers to conduct the entire mortgage process on one platform, enhancing our efficiency and ultimately revolutionizing our customers' experience and how we close loans."

"With so much opportunity in the market, we know lenders are looking for technology that delivers not just great value, but great speed-to-value," said SimpleNexus Co-founder Ben Miller. "With Norcom's partnership, we have managed both. We brought Easy Street to life very quickly, and we are proud of the way it provides meaningful enhancements to the borrowers and loan officer experience with minimum disruption to the way work gets done."

Every step of the mortgage process is handled through the Easy Street app. After filling out the mortgage application, borrowers can photograph and securely upload documents, receive push notifications to track the status of their loan, download loan approval letters and e-sign closing documents - all from their mobile devices. Borrowers can even use the app to navigate the loan closing process digitally. Eliminating the need for a lengthy in-person closing ceremony.

The app features two-factor authentication and data encryption to protect borrowers' personal and financial data. In addition, loan officers can share the app with real estate agents and other referral partners, giving them access to mortgage calculators, automatic notifications and easy access to contact information.

For more information or to download Norcom's Easy Street app, please visit easystreet.norcommortgage.com

About Norcom Mortgage

Established in 1989, Norcom Mortgage is a growing family-owned mortgage company with 260 employees and 36 branch locations along the East Coast. Our programs vary and are flexible, whether you are a first-time homebuyer, an experienced mortgage shopper, a veteran, looking to refinance, and beyond. To learn more, visit https://norcommortgage.com

About SimpleNexus

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: https://www.simplenexus.com/

News from SimpleNexus

Norcom Mortgage, a family-owned mortgage company with 36 locations along the East Coast, announced today the launch of its Easy Street App for iOS and Android mobile devices. Built by SimpleNexus, developer of the leading homeownership platform for loan officers, borrowers, real estate agents and settlement agents.

Related link: https://simplenexus.com/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

FormFree Welcomes Paul Finch, Former Early Warning CEO, to Its Board of Directors

ATHENS, Ga. /ScoopCloud/ -- FormFree® today announced the appointment of payments and banking fintech pioneer Paul Finch to its board of directors.

Finch is best known for his 16-year tenure as CEO of Early Warning Services (Early Warning), a private fintech company owned by seven of the largest U.S. banks - Bank of America, BB&T, Capital One, JP Morgan Chase, PNC Bank, U.S. Bank and Wells Fargo. Notably, Finch spearheaded the 2017 launch of Zelle, a real-time payments network composed of 850 banks and credit unions, and led Early Warning's transformation into a premier provider of real-time payments, risk and authentication solutions. Finch retired from Early Warning in 2019, and founded PWF Advisory Services, a financial services consulting firm.

"Paul is a visionary that has led transformational advances in the payments and financial risk space," said FormFree Founder and CEO Brent Chandler. "We're honored to have him join our board of directors and assist FormFree on its journey to forge a more inclusive credit decisioning landscape."

"I am enthusiastic to work with FormFree - a trailblazer in the digital mortgage industry - to break down the barriers to financial inclusion," said Finch. "They have proven themselves an innovative and agile organization that has enormous potential to disrupt the way credit decisioning is done."

In addition to Finch's extensive experience in the financial technology sector, he is head of the Finch Family Foundation, a non-profit organization that helps children and families in need in the Phoenix area.

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

News from FormFree

FormFree today announced the appointment of payments and banking fintech pioneer Paul Finch to its board of directors. Finch is best known for his 16-year tenure as CEO of Early Warning Services (Early Warning).

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

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

Tapcheck Wins ‘Best Employee Benefits Solution’ in 2021 FinTech Breakthrough Awards Program

LOS ANGELES, Calif. /ScoopCloud/ -- Tapcheck, a simple and easy-to-integrate financial wellness benefit that allows employers to give employees the ability to access their earned wages before payday, today announced that it has been selected as winner of the "Best Employee Benefits Solution" award in the fifth annual FinTech Breakthrough Awards program conducted by FinTech Breakthrough, an independent market intelligence organization that recognizes the top companies, technologies and products in the global FinTech market today.

Tapcheck delivers breakthrough payment and benefits solutions for both employers and employees, putting both of their interests on equal footing. For employers, Tapcheck is a convenient, cost-free way to offer workers same-day pay. Tapcheck assumes the financial risk and employers can, in turn, offer a desirable financial wellness benefit to employees that increases retention and productivity. Tapcheck is also easy to integrate into existing payroll systems without having to create new ones, alleviating a major adoption hurdle.

For employees, the clean and simple interface of the Tapcheck app, allows them to quickly and securely access a percentage of wages they have earned for a flat, low-cost fee. This provides the financial flexibility to cover a bill due mid-pay cycle, or another emergency expense without having to apply for high-interest payday loans, or risk incurring overdraft or late fees.

"Tapcheck's marriage of the human side of HR and the transformative power of fintech is making it easier for employees to get the money they've earned when they need it," said James Johnson, Managing Director, FinTech Breakthrough. "Providing meaningful benefits to employees and giving them financial flexibility when they need it most has never been more important. We extend our since congratulations to everyone at Tapcheck on their success and for their well-deserved 'Best Employee Benefits Solution' award in our fifth annual FinTech Breakthrough Awards program."

The FinTech Breakthrough Awards is the premier awards program founded to recognize the FinTech innovators, leaders and visionaries from around the world in a range of categories, including Digital Banking, Personal Finance, Lending, Payments, Investments, RegTech, InsurTech and many more. The 2021 FinTech Breakthrough Award program attracted more than 3,850 nominations from across the globe.

"Thanks to Tapcheck, employers in sectors hard-hit by the pandemic have helped their workers pay bills, cover unexpected costs, and more when financial uncertainty is at an all-time high." said Kayling Gaver, Co-Founder of Tapcheck. "It's a great resource and safety net that provides financial peace of mind, helping organizations keep the best interests of employees at heart. We are honored that this is being recognized by FinTech Breakthrough and we are looking forward to continued success and momentum in 2021 and beyond."

Tapcheck has established a strong foothold in the earned wage access category. In 2020, the company grew by 863%, signing clients including Burger King, Dunkin', T-Mobile, Home Instead Senior Care, and Comfort Keepers in addition to a diverse range of businesses including hospitals, manufacturers, grocers, retailers, and professional services.

About Tapcheck

Tapcheck is a financial wellness benefit that allows employees to access their earnings before payday. Available at no cost to employers, Tapcheck uses an intuitive mobile app to give workers greater control over their finances, which reduces their stress at home and increases their productivity at work. And thanks to Tapcheck's seamless integration with existing payroll programs, employers who incorporate on-demand earnings into their employee benefits packages find it to be a cost-effective way to distinguish their company from competitors, reduce turnover rates, and provide the financial flexibility that employees want. For more information, visit https://www.tapcheck.com/.

About FinTech Breakthrough

Part of Tech Breakthrough, a leading market intelligence and recognition platform for technology innovation and leadership around the globe, the FinTech Breakthrough Awards program is devoted to honoring excellence in Financial Technologies and Services companies and products. The FinTech Breakthrough Awards provide public recognition for the achievements of FinTech companies and products in categories including Payments, Personal Finance, Wealth Management, Fraud Protection, Banking, Lending, RegTech, InsurTech and more. For more information visit FinTechBreakthrough.com.

News from Tapcheck

Tapcheck, a simple and easy-to-integrate financial wellness benefit that allows employers to give employees the ability to access their earned wages before payday, today announced that it has been selected as winner of the "Best Employee Benefits Solution" award in the fifth annual FinTech Breakthrough Awards program conducted by FinTech Breakthrough.

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

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

Top of Mind’s ‘Surefire Lookbook’ Helps Mortgage Lenders Showcase Their Marketing Assets to Prospective Loan Officers

ATLANTA, Ga. /ScoopCloud/ -- Top of Mind Networks (Top of Mind), a leader in customer relationship management (CRM) and marketing automation software for the mortgage lending industry, today released a new feature designed to aid mortgage lenders with the recruiting process. With the Surefire Lookbook, lenders can showcase their investment in marketing technology and demonstrate their ability to help prospective loan officers compete with content.

The Surefire Lookbook is a "highlight reel" of Top of Mind's wide range of award-winning content - but instead of showing generic samples of marketing collateral, each Lookbook is dynamically customized with the lender's unique branding and the prospective loan officer's headshot, contact information and location. In just 60 seconds, prospective recruits can see themselves featured in their future employer's marketing emails, open-house flyers, direct-mail postcards, interactive multimedia and more - including co-branded marketing campaigns that also feature a Realtor or other referral partner.

"The Surefire Lookbook is a new concept to this industry and we encourage lenders to check it out for themselves to understand just how valuable it can be to the recruiting process," said Top of Mind Chief Revenue Officer Nick Belenky. "A mortgage lender's investment in effective marketing and technology is an important factor in attracting talent, especially in the ultra-competitive job market our industry faces today. Our goal is simple: to show prospects how their future employer's marketing program will help them generate more leads, collaborate with referral partners and keep a full pipeline."

Top of Mind's Surefire CRM is the most-used CRM and marketing platform in the mortgage industry. Mortgage professionals of all stripes - including retail, wholesale, consumer direct and bank lenders - strengthen referral partnerships and deepen their emotional connections with borrowers to cultivate clients for life.

Lenders can use this sign-up form to request a custom-branded lookbook that can be dynamically generated for each recruiting prospect.

About Top of Mind Networks:

Founded in 2003, Atlanta-based Top of Mind Networks (https://www.topofmind.com) started as a bootstrapped direct-mail marketing company. Today, the company is recognized as the mortgage industry's most-relied-upon provider of marketing automation and creative content solutions. From individuals to enterprise lenders, Top of Mind's SurefireCRM helps thousands of mortgage professionals win new business, earn repeat business and deserve referral business. With intuitive, "set it and forget it" workflows and award-winning content, mortgage professionals are able to effortlessly maintain and deepen their emotional connections with clients.

News from Top of Mind Networks

Top of Mind Networks (Top of Mind), a leader in customer relationship management (CRM) and marketing automation software for the mortgage lending industry, today released a new feature designed to aid mortgage lenders with the recruiting process.

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

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

IDS and eNotaryLog Ink Partnership to Support Remote Online Notarization

SALT LAKE CITY, Utah /ScoopCloud/ -- Mortgage document preparation vendor International Document Services, Inc. (IDS), announced today it has entered into an partnership agreement with eNotaryLog, a leading remote online notarization (RON) company. This partnership will support an integration between IDS's eClose platform, Solitude Solution, and eNotaryLog's RON platform.

Through this integration, any lender will be able to facilitate a complete digital closing through IDS's Solitude Solution. Notaries and borrowers will meet remotely to complete the closing transaction by eSigning and eStamping closing documents, as permitted on a state-by-state basis.

"IDS is continually focused on expanding the digital mortgage capabilities offered to all parties within Solitude Solution," said IDS Vice President and General Manager Mark Mackey. "This partnership with eNotaryLog is another step towards offering IDS clients a completely digital experience without losing the simple, customized efficiency that has made IDS an industry-leading choice for document preparation."

Solitude Solution is built to generate and deliver closing documents to the appropriate parties, ensuring the eClosing process remains efficient and timely. Solitude Solution is also supported by an expert compliance team, exceptional client support and notifications that make tracking loan packages a cinch.

"IDS has long offered eSign capabilities, enabling clients to facilitate hybrid eClosings," continued Mackey. "By integrating our eSign platform with eNotaryLog's proven RON technology, we are proud to offer our clients and their borrowers the full eClosing experience."

eNotaryLog is an agile cloud technology company providing the most flexible, secure and complete SaaS RON/remote ink notarization (RIN)/eSign platform for businesses and consumers who have digital remote notarization needs. The platform is intuitive, simple to use and allows documents to be processed and notarized anytime, anywhere.

"eNotaryLog is proud to announce our integration with IDS, a leading provider of software solutions that streamlines the document preparation and production process for real estate professionals," said eNotaryLog Co-Founder and CEO James Mitchell. "Our combined solution will add the additional security and convenience of remote online notarizations to IDS' robust digital journey. This partnership marks another landmark step for both companies in paving the last mile to a superior and completely digital experience in real estate."

About eNotaryLog

eNotaryLog is an agile cloud technology company providing the most flexible, secure, and complete SaaS RON/RIN/eSign platform for businesses and consumers who have digital remote notarization needs. The platform is intuitive, simple to use, and allows documents to be processed and notarized anytime, anywhere.

Understanding that every business and signer is unique, eNotaryLog works within an organization's existing framework to enhance current business processes and the signer experience.

While eNotaryLog provides its platform to all industries with notarization needs, its dedication and engagement in the financial mortgage banking industry are unmatched. The company has participated in developing the MISMO standards and is the first RON provider to be MISMO certified. These standards are the foundation in which eNotaryLog developed, built, and continues to expand its market-leading RON platform.

About IDS, Inc.

IDS, a Reynolds and Reynolds company, was founded in 1986 in Salt Lake City, Utah, and is a nationwide provider of mortgage documents and compliance. IDS services include eSignatures, closing documents, initial disclosures, document fulfillment and integration with leading loan origination systems and eClosing platforms. The IDS flagship doc prep solution, idsDoc, is recognized in the industry for its ability to be customized to meet specific lender needs, particularly in regard to major industry compliance changes. (https://info.idsdoc.com/)

News from International Document Services Inc.

Mortgage document preparation vendor International Document Services, Inc. (IDS), announced today it has entered into an partnership agreement with eNotaryLog, a leading remote online notarization (RON) company.

Related link: https://info.idsdoc.com/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

FormFree Elects Mortgage Banking Authority James Deitch, CPA, CMB to Board of Directors

ATHENS, Ga. /ScoopCloud/ -- FormFree® today announced the election of serial entrepreneur, mortgage banking executive and author James Deitch, CPA, CMB, to its board of directors. Deitch, a mortgage industry veteran of three decades, has counseled over 200 financial services businesses, served as president and CEO of five federally chartered banks and served on advisory panels for Fannie Mae (OTCMKTS: FNMA), Freddie Mac (OTCMKTS: FMCC), Truist (NYSE: TFC) and Wells Fargo (NYSE: WFC).

Deitch is the founder and CEO of Teraverde, a group of companies that helps banks and mortgage bankers streamline operations and improve processes and profitability while staying fully compliant with regulatory requirements. He is also a best-selling author, frequent speaker and authoritative thought leader in the residential real estate finance industry.

"Jim Deitch knows the mortgage industry inside and out," said FormFree Founder and CEO Brent Chandler. "As a recognized authority on credit policy and risk management who has led some of the nation's fastest-growing banks, Jim's guidance and experience will be invaluable to FormFree as we pursue our mission of enhancing the lending experience for everyone."

"It is an honor to work with the FormFree team," said Deitch. "Brent is a true visionary with a clear sense of mission to make data-driven credit available to all qualified borrowers. It will be a privilege to work with Brent on this vision."

Deitch is the author of the books Digitally Transforming the Mortgage Banking Industry, Strategically Transforming the Mortgage Banking Industry and Disruptive Fintech. He is a frequent contributor to industry-leading publications and an active speaker whose credits include the national meetings of the National Association of Home Builders, the Mortgage Bankers Association, TEC International, Coldwell Banker and Century 21.

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: https://www.linkedin.com/company/formfree/.

News from FormFree

FormFree today announced the election of serial entrepreneur, mortgage banking executive and author James Deitch, CPA, CMB, to its board of directors. Deitch, a mortgage industry veteran of three decades, has counseled over 200 financial services businesses, served as president and CEO of five federally chartered banks and served on advisory panels for Fannie Mae (OTCMKTS: FNMA), Freddie Mac (OTCMKTS: FMCC), Truist (NYSE: TFC) and Wells Fargo (NYSE: WFC).

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

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

AmCap Home Loans Selects LimeGear by LBA Ware to Fuel Productivity with Turnkey Business Intelligence (BI)

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 that AmCap Home Loans (AmCap) has implemented LBA Ware's LimeGear™ BI platform across its 143 branch locations. AmCap also uses LBA Ware's ICM platform CompenSafe™ to manage incentive pay for its 600 loan originators.

AmCap is a Houston-based independent mortgage bank that produced $4.4 billion in loan volume in 2020. As a licensed lender in 43 U.S. states, AmCap adopted LimeGear to empower employees to better utilize its production data and make data-driven decisions in near real-time.

"As a mortgage lender, we generate so much data that even several talented analysts can't derive actionable intelligence in a timely manner by manually combing through and restructuring it. With LimeGear's dashboard, I get meaningful insights in ten minutes that would normally take several days of sifting through Excel spreadsheets," said AmCap Chief Analytics Officer Matt Stokes. "LBA Ware has done their research. They're mortgage people, they know what key performance indicators and insights we need to accomplish our business goals, and they've built it all for us in LimeGear."

LimeGear promotes mortgage lender productivity and efficiency with turnkey mortgage business intelligence. Visually intuitive dashboards quickly give lenders a high-level overview of critical insights with the ability to drill down into key performance indicators (KPIs) such as funded volume, fall-out rate, turn time and loan revenue. Stokes identified LimeGear's machine learning model, Propensity to Fund, which predicts the likelihood of a loan application to fund within 90 days as his most heavily relied-on feature. The volume-forecasting capability of Propensity to Fund enables lenders to more efficiently manage warehouse lines of credit.

"In today's high-volume environment lenders need timely insights that enable them to measure performance, zero in on profitability and maximize productivity," said LBA Ware Founder and CEO Lori Brewer. "LimeGear delivers these insights with turnkey dashboards and reports, no developer required."

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 AmCap Home Loans:

At AmCap, we believe in raising the standard of mortgage lending. Since 2007, we've experienced steady and continuous growth, which we attribute to our innovative, modern business practices and one simple philosophy - making good loans to good borrowers.

In order to continue our legacy as a fiscally strong company dedicated to doing right by our employees and our customers, we're constantly seeking new tools, new products and new opportunities to advance the interests of the loan officers and homebuyers with whom we work. With our flexible approach to lending and aggressive pursuit of improvement, AmCap is creating a better home buying experience every day.

Twitter: @LBAWare #LimeGear #BI

News from LBA Ware

LBA Ware™, a leading provider of incentive compensation management (ICM) and business intelligence (BI) software solutions for the mortgage industry, today announced that AmCap Home Loans (AmCap) has implemented LBA Ware's LimeGear™ BI platform across its 143 branch locations. AmCap also uses LBA Ware's ICM platform CompenSafe™ to manage incentive pay for its 600 loan originators.

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

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

Dalfen Industrial, LLC selects Pereview as its new asset management platform

DALLAS, Texas /ScoopCloud/ -- Leading industrial property investment management firm Dalfen Industrial (dalfen.com) (DI) has chosen Pereview Software (pereviewsoftware.com) to support its growing portfolio and data strategy.

"With the rapid growth of the sector and the company, DI needed to find a better way to manage the siloed data generated by its various departments," said Max Gagliardi, Managing Director of Capital Markets for Dalfen. "We chose Pereview to help organize those large amounts of data and create a layer of portfolio intelligence our team can use to create value for our investors.

"Pereview's platform allows our team to break the silos, automate reports and dashboards, and gain a broader understanding of market-wide trends we are facing at the macro and micro levels."

Daryl Pitts, Pereview's Senior Vice president of Global Sales, said they will integrate with Dalfen's PM/GL environment to collect all financial and operational property level data. The software will also connect its proprietary Excel modeling framework to Dalfen's underwriting, valuation, and budget models. This will fully capture all historical, current and projected data across the entire Dalfen real estate investment ecosystem.

"Max and his team knew that their capital markets and asset management teams needed to harness the power of their data - not only as point-in-time and historical for analysis, but also forward-looking assumptions and projections," Pitts said. "This is something that firms like Dalfen have needed in order to continue to deliver the absolute and upmost value to their internal and external stakeholders. Pereview is honored to have been selected as their software and data partner with our industry-leading platform."

About Dalfen Industrial

Dalfen Industrial is one of the nation's largest buyers and developers of industrial real estate and is a leader in the last-mile property sector. DI has a vertically-integrated platform with boots-on-the-ground throughout the nation. They currently own and operate millions of square feet of strategically located last mile distribution facilities across the U.S. Learn more at https://www.dalfen.com/.

About Pereview Software

Pereview is the only all-in-one asset management platform that manages all of a client's data across the entire asset lifecycle from acquisition to disposition. By aggregating, governing and interpreting internal and external disparate data into a single source of truth, Pereview reduces time spent on tedious report creation by 90 percent and provides actionable insights while delivering unparalleled analytic capabilities with consistent data governance for the overall increased value of your investments. Learn more at https://pereviewsoftware.com/.

News from Pereview Software

Leading industrial property investment management firm Dalfen Industrial (DI) has chosen Pereview Software to support its growing portfolio and data strategy.

Related link: https://pereviewsoftware.com/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

SimpleNexus Announces Inaugural Nexus Award Winners at 2021 SimpleNexus User Group, Opens Early Access Sign-up for Remote Online Notarization

LEHI, Utah /ScoopCloud/ -- SimpleNexus (https://simplenexus.com/), developer of the leading homeownership platform for loan officers (LOs), borrowers, real estate agents and settlement agents, has announced the winners of the inaugural 2021 Nexus Awards. During the event, SimpleNexus opened early access sign up for Remote Online Notarization (RON).

Presented at the 2021 SimpleNexus User Group (SNUG) conference, the Nexus awards honor SimpleNexus customers and partners who are transforming the homeownership journey for homebuyers across the United States through their use of the SimpleNexus platform.

The four winners of the 2021 Nexus awards are:

* Capstone Award: Residential Mortgage Services (RMS)

The Capstone Award is given to a mortgage lender who is dominating the market through their implementation of SimpleNexus. In 2020, RMS leveraged SimpleNexus' reporting API to make real-time data-informed business decisions. Leveraging SimpleNexus, RMS exceeded $8.5 billion in loan volume in 2020, a 70% increase over 2019.

* Referral Award: CMG Financial

The Referral Award is given to a mortgage lender driving high referral volume through the SimpleNexus platform. In 2020, CMG Financial shared the SimpleNexus mobile app 42,000 times.

* Partner Award: Progressive Insurance

The Partner Award is given to a vendor who has worked collaboratively with SimpleNexus to provide lenders with a world-class homeownership journey platform. In 2020, Progressive Insurance partnered with SimpleNexus to make it easy for borrowers to secure a home insurance policy as they complete other loan-related tasks in the SimpleNexus app.

* Trailblazer Award: Highlands Mortgage

The Trailblazer Award is given to an outstanding beta partner who is leading the way as an early adopter of SimpleNexus' most cutting-edge features. Highlands Mortgage performed hundreds of hybrid eClosings within their first month of going live with SimpleNexus and has volunteered to beta test SimpleNexus Remote Online Notarization (RON).

More information: https://www.simplenexus.com/nexus-awards-2021/

SimpleNexus also announced during SNUG that Remote Online Notarization (RON) is concluding the BETA phase in preparation for an official launch. Current customers and others interested in learning more about RON and the official release availability can join the list at https://www.simplenexus.com/RON.

"Our goal at every SNUG event is to provide customers with informative and engaging sessions that will help them derive greater value from the SimpleNexus platform and excel in the current market," said SimpleNexus VP of Marketing Richard Jackman. "By all measures, SNUG 2021 was a resounding success. Special congratulations go out to our inaugural Nexus Award winners, who lead the industry by example."

SimpleNexus serves a user base of more than 32,000 loan originators, 141,000 real estate agents and 3 million borrowers. To date, the platform has handled over 13 million loans totaling over $3 trillion in volume and touches approximately one in eight home loans originated in the United States.

Those who registered for SNUG 2021 can view conference sessions on demand through March 26, 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: https://www.simplenexus.com/

Twitter: @SimpleNexus #digitalmortgage #mortgageindustry #mortgagelending

News from SimpleNexus

SimpleNexus, developer of the leading homeownership platform for loan officers (LOs), borrowers, real estate agents and settlement agents, has announced the winners of the inaugural 2021 Nexus Awards. During the event, SimpleNexus opened early access sign up for Remote Online Notarization (RON).

Related link: https://simplenexus.com/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

SimpleNexus Makes HousingWire’s Tech100 List of Most Innovative Companies in Mortgage Technology for a Fourth Consecutive Year

LEHI, Utah /ScoopCloud/ -- SimpleNexus (https://simplenexus.com/), developer of the leading homeownership platform for loan officers, borrowers, real estate agents and settlement agents, has been recognized in HousingWire's annual HW Tech100 list for the fourth year in a row. HousingWire's Tech100 program recognizes companies and solutions that are revolutionizing the mortgage process.

SimpleNexus is one of the fastest-growing software companies in the nation. With its "from anywhere" homeownership platform, loan teams are able to originate, process and close mortgage loans at lightning speed while juggling record-high loan volume and nurturing borrow and referral-partner relationships. The comprehensive platform unites the entire homebuying journey, from home search to eClosing.

"After the uncertainty and unpredictability of last year, we expected a greater adoption of technology. However, these 100 real estate and mortgage companies took digital disruption to a whole new level and propelled a complete digital revolution, leaving a digital legacy that will impact borrowers, clients and companies for years to come," said HousingWire HW+ Managing Editor Brena Nath. "Knowing what these companies were able to navigate and overcome, we're excited to announce this year's list of the most innovative technology companies serving the mortgage and real estate industries."

"We are honored to be included in HousingWire's Tech100 list," said SimpleNexus Founder and CEO Matt Hansen. "SimpleNexus is relentless in the pursuit of making the lives of loan originators, borrowers and Realtors simple and seamlessly connected."

SimpleNexus serves a user base of more than 32,000 loan originators, 141,000 real estate agents and 3 million borrowers. To date, the platform has handled over 13 million loans totaling over $3 trillion in volume and touches approximately one in eight home loans originated in the United States.

For a complete list of winners, visit https://www.housingwire.com/articles/introducing-the-2021-hw-tech100-mortgage-winners/.

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 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 7.5 million unique visitors each year. Our audience of mortgage, real estate, financial services and fintech professionals rely on us to Move Markets Forward. Visit https://www.housingwire.com/ or https://www.solutions.housingwire.com/ to learn more.

Twitter: @HousingWire #Tech100 @SimpleNexus #digitalmortgage #mortgageindustry #mortgagelending

News from SimpleNexus

SimpleNexus, developer of the leading homeownership platform for loan officers, borrowers, real estate agents and settlement agents, has been recognized in HousingWire's annual HW Tech100 list for the fourth year in a row.

Related link: https://simplenexus.com/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

FormFree’s Expanded Income and Employment Verification Covers 85% of Working Americans

ATHENS, Ga. /ScoopCloud/ -- FormFree® today announced its AccountChek® 3n1 (3n1) asset, employment and income verification service now covers 85% of U.S. workers whose employers utilize a payroll processing service, representing over 100 million wage earners.

As the pioneer of the mortgage industry's first truly automated verification of assets (VOA) solution complete with government-sponsored enterprise (GSE) rep and warrant relief, FormFree has enhanced income and employment verification for its 3,000-plus lender customers with direct-source data from 35 of the nation's largest payroll service providers.

3n1 addresses a critical need for lenders and GSEs to capture structured, direct-source data and original income documentation at a cost-effective price point. Direct-source payroll data provides a more current understanding of a borrower's ability to pay (ATP) and mitigates risks associated with human error and document fraud. With 3n1, FormFree enables lenders to deliver a world-class borrower experience and directly addresses key industry pain points by electronically furnishing lenders with high-fidelity income and employment data.

Said David Battany, EVP of capital markets for Guild Mortgage (NYSE: GHLD), "Instant employment and income verification supported by paystubs and W-2s is something we've been waiting for. We are committed to offering a best-in-class borrower experience. With innovative partners like FormFree by our side, we are confident we can achieve our goal of increasing financial inclusion." Guild Mortgage has worked with FormFree since participating in Fannie Mae's Day 1 Certainty® pilot in 2016.

"We are always looking for innovative solutions that make mortgages faster and easier for our borrowers and teams," said Trinity Oaks Mortgage President Michael Kuentz. "We've relied on FormFree's asset solution to streamline the loan process and cut down on time to close for several years. FormFree's new income and employment solution is the right product at the right time."

With 3n1, borrowers authorize payroll providers to electronically share their six most recent paystubs and most recent W-2 with lenders and refresh that documentation within 10 days of the loan closing.

3n1 saves lenders time and money by providing accurate data and universally accepted supporting documents up-front. This makes for a faster, cleaner underwriting and closing experience and prevents lenders from having to going back to borrowers to chase down more documents.

"Mortgage lenders have been longing for an income and employment solution with wider employer coverage. FormFree's vision goes even further, combining expansive coverage with their time-tested asset solution," said Rajesh Bhat, CEO at digital mortgage platform Roostify. "This is a welcome innovation that we look forward to offering through our platform."

"Getting investor-accepted, up-to-date employment and income verification along with the most recent paystubs and W-2s - all in less than 30 seconds - is a game changer," said Ben Miller, co-founder of homeownership platform SimpleNexus. "This is the kind of advancement our industry needs and borrowers deserve."

"We hear loud and clear that our lenders and partners are looking for better ways of validating borrower employment and income with the security, accuracy and efficiency of direct-source data at a disruptive price point," said Brent Chandler, CEO at FormFree. "As the pioneers of automated asset verification, we will continue to lead the mortgage industry to its fully digital destination, ultimately arriving at a holistic view of a consumer's financial DNA in a single Passport."

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 #branding #financialinclusion

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

News from FormFree

FormFree® today announced its AccountChek® 3n1 (3n1) asset, employment and income verification service now covers 85% of U.S. workers whose employers utilize a payroll processing service, representing over 100 million wage earners.

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

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.