Tag: FinTech

FormFree Enhances Encompass Consumer Connect® Integration with Auto-Population of Borrower Data into 1003 Loan Application

ATHENS, Ga. /ScoopCloud/ — FormFree today announced enhancements to the integration between its AccountChek verification service and Encompass Consumer Connect. Now, borrower data collected by AccountChek in Consumer Connect will automatically map to the Form 1003 (the Universal Residential Loan Application) in the Ellie Mae Digital Lending Platform, saving lenders time and relieving them of the frustration and risk associated with manual data entry.

MCT’s Leslie Winick wins HousingWire Vanguard Award 2020

SAN DIEGO, Calif. /ScoopCloud/ — Mortgage Capital Trading, Inc. (MCT), an industry-leading mortgage hedge advisory firm and developer of MCTlive!(R), announced that its Chief Strategy Officer, Leslie Winick, has been designated to HousingWire’s Vanguard Award list for 2020.

FormFree CTO Brian Francis Listed Among Top Mortgage Executives as a 2020 HousingWire Vanguard Honoree

ATHENS, Ga. /ScoopCloud/ — FormFree today announced Chief Technology Officer Brian Francis has been named a 2020 HW Vanguard award winner, an honor given to 50 top executives leading the housing and mortgage finance industries. HW Vanguard honorees are chosen by HousingWire’s editorial board based on their accomplishments in the last 12 months for their companies and the industry sector they represent.

LBA Ware Signs RWM Home Loans as 100th Mortgage Lender Client Amid Continued 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 welcomed its 100th CompenSafe client, RWM Home Loans. The San Diego-based independent mortgage bank is rolling out the mortgage-industry-specific platform to manage incentive compensation for its 100 loan originators (LO) and other recipients of variable compensation.

ACES Sees Surge in New Clients Through Q3 2020

DENVER, Colo. /ScoopCloud/ — ACES Quality Management (ACES), formerly known as ARMCO and the leading provider of enterprise quality management and control software for the financial services industry, announced today that it has experienced substantial client growth in 2020, increasing its number of new clients by 15%.

DocMagic and VirPack Announce Integration of Platforms

TORRANCE, Calif. /ScoopCloud/ — DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that that it has integrated its eSign platform with VirPack to facilitate the seamless exchange of loan files and docs for compliant eSigning through DocMagic’s eSign platform.

VirPack and Mortgage Builder Announce Integration Built to Streamline the Digital Mortgage Process

MCLEAN, Va. /ScoopCloud/ — VirPack is pleased to announce a new partnership with Mortgage Builder, a Constellation Mortgage Solution Company and full loan lifecycle solution. This new integration will provide Mortgage Builder customers advanced workflow and document management capabilities, including optical character recognition that automates document recognition and data extraction to easily determine if data extracted from critical loan documents matches loan data in Mortgage Builder.

Promontory MortgagePath Launches End-to-End Mortgage Origination, Fulfillment Platform for Community Financial Institutions

DANBURY, Conn. /ScoopCloud/ — Promontory MortgagePath LLC, a leading provider of comprehensive digital mortgage origination and tech-driven fulfillment solutions, announced today it has launched Transform, a new service delivery model bundling licensed loan coordinators, point-of-sale (POS) technology and fulfillment services to offer a complete mortgage operations platform from application to close.

PayneWest Insurance, a Top 100 National Insurance Brokerage, selects TrustLayer Compliance and Certificate Management Software to leverage next generation technology in their leading Compliance Service Practice

SAN FRANCISCO, Calif. /ScoopCloud/ — PayneWest Insurance, a leading insurance brokerage in the Pacific Northwest, today announced partnering with TrustLayer, Inc., the next generation solution for compliance tracking. PayneWest will leverage TrustLayer to expand value added services within their many Specialty Practices.

ARMCO Rebrands as ACES Quality Management

DENVER, Colo. /ScoopCloud/ — ACES Risk Management (ARMCO), the leading provider of enterprise quality management and control software for the financial services industry, announced today the completion of its months-long rebranding effort to align the company’s image with its expanded focus on quality and risk management for banks and credit unions, as well as independent mortgage lenders.

Maxwell adds underwriting and closing services to fulfillment platform

DENVER, Colo. /ScoopCloud/ — Digital mortgage platform Maxwell today announced it has added underwriting and closing services to the Maxwell Fulfillment Platform, enhancing the company’s comprehensive suite of technology and outsourced services for small and midsize lenders.

NotaryCam CEO Rick Triola Receives 2020 October Research Innovation Award for Driving Title Industry RON Adoption

NEWPORT BEACH, Calif. /ScoopCloud/ — NotaryCam, the pioneering leader in online notarization and original provider of mortgage eClosing solutions, announced that its founder and CEO Rick Triola has received the 2020 October Research Award for Innovation for his innovations in and driving adoption of remote online notarization (RON) in the lending and title/settlement services industries.

FormFree Promotes Cindy Snow to Chief Operating Officer (COO)

ATHENS, Ga. /ScoopCloud/ — FormFree has promoted Cindy Snow to the position of Chief Operating Officer (COO). In her role as COO, Snow will craft efficient systems that elevate FormFree’s performance while directly overseeing business operations, product management, business intelligence, integrations and customer support.

HousingWire Lists FormFree’s Cindy Snow Among its 2020 HW Insiders

ATHENS, Ga. /ScoopCloud/ — FormFree today announced the inclusion of Director of Product Cindy Snow in HousingWire’s list of 2020 HW Insiders. Now in its fifth year, the annual awards program recognizes 50 housing industry professionals making critical contributions to their companies’ success.

Digital Currency was in Computer Industry for 20+ years

NEWPORT BEACH, Calif. /ScoopCloud/ — CMTLabs, Inc. (Currency Method Tokenizing Labs) released information today revealing a digital currency was successfully in use “under the radar screen” within the computer industry for over 20 years.

Promontory MortgagePath Adds New Sales Executives to Capitalize on Interest in Its Mortgage Fulfillment, Fintech Offerings

DANBURY, Conn. /ScoopCloud/ — Promontory MortgagePath LLC, a leading provider of comprehensive digital mortgage origination and tech-driven fulfillment solutions, announced today that it has hired Jordan Higgins and Kim Joyce as regional vice presidents in the company’s sales division. The new hires are the latest result of Promontory MortgagePath’s accelerated recruitment efforts.

7 Mortgage Implements OpenClose’s LOS & POS to Support Its Network of Credit Union Members

KNOXVILLE, Tenn. /ScoopCloud/ — 7 Mortgage, a credit union service organization (CUSO), announced that it went live with OpenClose’s end-to-end loan origination system (LOS) allowing its partner credit unions to leverage the mortgage industry’s leading technology. The OpenClose solution allows 7’s CUSO members to efficiently and effectively complete mortgage loans – from start to finish – via a centralized platform rated #1 by multiple independent studies.