Tag Archives: FinTech

Surefire CRM by Top of Mind Integrates with Blend to Optimize Borrower Experience, Expedite Mortgage Loan Application 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, announced its integration with digital lending platform Blend.

The integration leverages bi-directional data syncing between Surefire CRM and Blend's point of sale (POS) platform, enabling the systems to automatically prefill loan applications with borrower contact information and execute automated workflows tailored to where clients are in the loan journey. When combined, the technologies automate Surefire CRM's workflows and award-winning content to loan applicants, resulting in improved loan application completion rates and borrower satisfaction.

"Data indicates that only 63% of mortgage loan applications started are fully completed," said Top of Mind EVP of Sales Nick Belenky. "A premium lending POS like Blend can increase that number, and when paired with Surefire CRM, elevate it substantially. From the moment a borrower begins a loan application, Surefire CRM helps usher them on their journey to homeownership."

To remove redundancy from the loan application process, Surefire CRM syncs its contact information with Blend so prospects receive the white-glove service of an intelligently prefilled loan application. Likewise, the integration helps loan teams keep applications on track with minimal effort through automated borrower outreach tailored to each application stage and notifications that suggest loan team intervention when an application has stalled.

"The benefits of Blend's digital lending platform, which improves borrower satisfaction and expedites origination times by streamlining the lending experience, are amplified when paired with Top of Mind's Surefire CRM," said Blend Head of Business Development, Brian Martin. "Prefilling loan applications with known borrower information has been shown to bolster lenders' Net Promoter Score (NPS). Combined with in-process automation that facilitates application completion, Blend's partnership with Top of Mind positions lenders to deliver a white-glove experience."

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.

About Blend:

Blend helps lenders streamline the customer journey for any banking product from application to close. Its Digital Lending Platform is used by Wells Fargo, U.S. Bank, and over 285 other leading financial institutions to acquire more customers, increase productivity, and deepen customer relationships. The company enables customers to process more than $4 billion in mortgages and consumer loans per day, helping millions of consumers get into homes and gain access to the capital they need to lead better lives. To learn more, visit blend.com.

Tags: @mortgagecrm @BlendLabsInc #marketingautomation #mortgagemarketing #digitalmortgage

Top of Mind Networks (Top of Mind), a leader in customer relationship management (CRM) and marketing automation software for the mortgage lending industry, announced its integration with digital lending platform Blend.

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

SimpleNexus accelerates momentum in 2020 with one of eight U.S. mortgage loans passing through its homeownership platform

LEHI, Utah /ScoopCloud/ -- SimpleNexus (https://simplenexus.com/), developer of the leading homeownership platform for loan officers (LOs), borrowers, real estate agents and settlement agents, today announced accelerated momentum in 2020 marked by expansive market growth and product innovation.

"The reason SimpleNexus continues to sweep the mortgage space is that it is the single-most complete homeownership journey platform for homebuyers and a relentlessly efficient lender tool," said Founder and CEO of SimpleNexus Matt Hansen. "From home search to application and from eClosing to securing homeowners insurance, SimpleNexus is truly a one-stop homeownership hub."

SimpleNexus has become one of the nation's fastest-growing firms, having ranked on the Inc. 5000 for three consecutive years and the Deloitte Technology Fast 500 for two consecutive years. The firm's 2020 growth was capped by a $108 million Series B funding round led by Insight Partners and supported by TVC Capital.

"SimpleNexus has established itself as a fast-paced innovator in the digital mortgage space," said TVC Capital Co-Founder and Managing Partner Jeb Spencer. "First it set the gold-standard for on-the-go usability and now it's defining what a seamless homeownership platform should be. We are excited to support the company as it blazes the trail to creating a harmonious homeownership journey."

SimpleNexus grew staff by 63% over the last 12 months as it worked to enhance its platform with dozens of new features designed to facilitate a more streamlined, "from anywhere" lending experience for all stakeholders in the mortgage lending process. For instance, last February saw the addition of Uniform Residential Loan Application (URLA)support and in-app review of Fannie Mae's Desktop Underwriter(r) (DU(r)) findings. July marked the release of SimpleNexus ConnectUs Chat, a messaging feature that supports real-time loan file collaboration between LOs, borrowers and real estate agents. In August, SimpleNexus debuted SimpleNexus eClosing, which enables hybrid and RON closings for purchase and refinance loans.

Also in 2020, an independent, third-party analysis conducted by MarketWise Advisors showed that lenders using SimpleNexus consistently produce more loans and spend less on per-loan operational expenses, receiving nine-times ROI from their spending on the platform. SimpleNexus maintains 98% customer retention, a rare feat in the SaaS world.

To date, SimpleNexus empowers 300 mortgage lenders to "do more," by connecting its 32,000 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 at: https://www.simplenexus.com/

Twitter: @SimpleNexus #digitalmortgage #mortgageindustry #mortgagelending

SimpleNexus, developer of the leading homeownership platform for loan officers (LOs), borrowers, real estate agents and settlement agents, today announced accelerated momentum in 2020 marked by expansive market growth and product innovation.

Related link: https://simplenexus.com/

Sales Boomerang Ushers in New Era of ‘Smart’ Borrower Retention with Beta Release of Prescriptive Scenarios

WASHINGTON, D.C. /ScoopCloud/ -- Sales Boomerang, the industry's top-rated automated borrower intelligence and retention system, today announced the beta release of Prescriptive Scenarios, a product line of 'smart' loan scenarios designed to identify the ideal loan for each borrower.

"Prescriptive Scenarios represent a huge leap forward in mortgage borrower intelligence and retention," said Sales Boomerang CEO Alex Kutsishin. "We listened carefully to our clients' desire for a fuller understanding of each borrower, including not just the opportunities they represent but also their real-time ability to qualify for those opportunities. Prescriptive Scenarios knocks it out of the park by drawing on multiple criteria to serve up 100% relevant loan opportunities."

Founded in 2017, Sales Boomerang scours mortgage lenders' customer databases for missed loan opportunities. The firm's wildly popular mortgage opportunity alerts have helped companies large and small generate billions of dollars in additional loan volume by getting in front of borrowers with the right loans at the right time. With Prescriptive Scenarios, Sales Boomerang significantly advances the borrower retention category by triangulating multiple points of borrower intelligence to deliver opportunities that approach 100% relevance.

The beta release includes three categories of Prescriptive Scenarios:

Rate-and-Term Scenarios are triggered when (a) a lender could refinance the borrower into a new loan with a better rate, better loan terms, or both; and (b) the borrower is credit-qualified for the lender's available conventional, FHA Streamline or VA IRRRL refi programs.

Cash-Out Scenarios are triggered when (a) a borrower has enough equity in their home to draw out cash for reasons such as making home improvements or paying down another debt; and (b) the borrower is credit-qualified for the lender's available conventional, FHA or VA cash-out refi programs.

FHA Mortgage Insurance (MI) Removal Scenarios are triggered when (1) a borrower with an FHA loan has 80% or greater equity in their home; and (b) the borrower is credit-qualified for the lender's available refi programs.

Sales Boomerang leverages real-time pricing data from Optimal Blue to ensure Prescriptive Scenarios always reflect a lender's current loan rates. Additionally, lenders can personalize Prescriptive Scenarios by layering on additional intelligence (for example, a borrower's credit card debt load) or setting custom thresholds for criteria like home equity or loan-to-value (LTV) ratio.

"With Prescriptive Scenarios, there is zero confusion on the loan originator's part as to why they're receiving an alert; the relevance is immediately apparent," said Kutsishin. "The reason lenders enjoy such a huge return on their investment in Sales Boomerang is simple: we deliver a 20-40% lift in loan volume while dramatically driving down the cost of customer acquisition."

Lenders who wish to be among the first to try Prescriptive Scenarios can email sales@salesboomerang.com. Beta participants will receive fully actionable alerts at significantly reduced pricing. Space is limited.

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™.

Twitter: @SalesBoomerang

Sales Boomerang, the industry's top-rated automated borrower intelligence and retention system, today announced the beta release of Prescriptive Scenarios, a product line of 'smart' loan scenarios designed to identify the ideal loan for each borrower.

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

No-Code Platform Certa Hires Senior Talent From D&B and GLG

PALO ALTO, Calif. /ScoopCloud/ -- Certa, the leading no-code platform for cross-enterprise solutions including supplier risk management, KYC/AML and credit and insurance applications, has significantly boosted its leadership strength with key hires of senior talent, as well as other leadership moves. These moves will allow Certa to continue building on strong growth over the last two years.

The following executives were added to the senior management team:

* Jared Ezzell as Chief Customer Officer. Jared was previously with D&B, where he helped start the Compliance group and served as the head of sales for that line of business.

* Dudley Brundige as CFO and Head of Partnerships. Dudley was most recently the SVP of Sales at GLG and previously served as VP of Finance at American Express.

Jared brings nearly 20 years of leadership experience in the Third Party and Credit Risk Management space. He has spent the past decade heavily focused on regulatory compliance risk controls covering Anti-bribery (FCPA, UK Bribery), Anti-money laundering (KYC, FinCEN, AMLD), Fraud, Sanctions (OFAC 50), and Food Safety (FSMA/FSVP). A former collegiate wrestler, Jared brings the competitive drive he developed on the mat and applies it to helping his clients succeed.

Regarding his move from D&B to Certa Jared said, "I had the benefit of being introduced to Certa a few years ago while D&B was vetting the marketplace for technology partners that could significantly enhance our client offerings. Certa's open-API, ridiculously configurable no-code workflow automation solution is a disruptive game changer. My clients have enjoyed much success with Certa to date and I am very excited about joining the team directly and what the future holds."

Dudley was with GLG (Gerson Lehrman Group) for over 10 yrs. He was the SVP, Industrials and Technology, Corporate Markets. Prior to that Dudley spent 8 years with American Express as Vice President, structuring bank deals and investments for Global Network Services across the Americas. Dudley graduated from the University of Virginia with his BA in Economics and later earned his MBA from the University of Pennsylvania - Wharton. As an avid runner, Dudley is always looking for continual improvement. He applies this same pursuit to his position at Certa.

Says Dudley, "I'm thrilled to join the Certa team. The opportunity to bring a no-code platform to the enterprise market is unparalleled and Certa is well-positioned to win the market."

Among other leadership moves, Certa promoted Vatsal Juneja as Head of Technology early last year. Vatsal has over a decade of experience building and growing platforms enabling enterprises to embrace technology. Vatsal earned his Master's in Applied Mathematics from IIT. As an engineer and a technology evangelist, he's always finding innovative ways to keep the Certa platform cutting-edge.

Surrounded by all of this top talent, company founder Jag Lamba says, "I am lucky to have started the firm, otherwise I am not sure I would have managed to get hired into this all-star team. With this team, I can go back to focusing on things that I love - building the most powerful and the simplest product for enterprise digitization."

Always looking to improve, the company is now seeking leaders for Marketing and Product functions.

About Certa

Founded in 2015 and headquartered in Silicon Valley, Certa's mission is to connect companies safely and efficiently. Certa offers an industry-leading lightweight workflow platform for onboarding, risk management, monitoring and contracting, custom configured to each client's rules and risks. The no-code platform enables seamless integration and development of sophisticated mission critical enterprise applications without writing any code. With Certa, enterprises can digitize externally facing mission critical workflows quickly without spending time on integrations or managing process changes. Certa clients include a Top 3 consulting firm, a ride-sharing tech giant and several Fortune 50 retailers.

For more information or to schedule a demo visit https://www.getcerta.com/ or call +1-646-207-3000.

Press contact:
Dudley Brundige
dudley@getcerta.com

*LOGO link for media: https://www.Send2Press.com/300dpi/21-0128s2p-certa-logo-300dpi.jpg

Certa, the leading no-code platform for cross-enterprise solutions including supplier risk management, KYC/AML and credit and insurance applications, has significantly boosted its leadership strength with key hires of senior talent, as well as other leadership moves.

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

OfferMarket Adds Auctions to Commission-Free Real Estate Marketplace

BALTIMORE, Md. /ScoopCloud/ -- Today, OfferMarket, a technology-enabled real estate marketplace announced the launch of OfferMarket Auctions. The company's real estate auction framework promotes buyer competition, reduces transaction costs and delivers faster closing times.

Traditional real estate transactions can be expensive, slow and frustrating for sellers. Sellers typically pay 5-6% commission to agents, spend an additional 1-5% on repairs and staging, and another 0-5% on inspection-related concessions. OfferMarket uses ecommerce marketplace principles and a streamlined, managed transaction flow (forms, titlework) to save money and time for buyers and sellers. Transactions on OfferMarket are as-is, and sellers avoid costly commissions and repairs.

OfferMarket receives a fixed service fee, typically $1,250 to $5,000, paid by the buyer at closing. A $250,000 house sold on OfferMarket would save at least $10,000 for the seller as compared to a traditional "on-market" transaction.

"It's amazing how much buyer competition we are generating and how much time and money we are saving the sellers who use our auction feature," says Daniel Sperling-Horowitz, CEO of OfferMarket. Sperling-Horowitz previously founded Zentail, an ecommerce marketplace software company backed by Y Combinator.

"With on-market housing inventory near record lows, buyers are increasingly looking off-market for their next purchase," added Sperling-Horowitz.

"I contacted OfferMarket with a bit of skepticism and very little expectation of selling my property but, within only 3 days, they had several prospective buyers inspecting the home. Very fortunately, one put in an offer which was [17% above] my asking price. From then on, their handling of the process was superb. We closed on the scheduled date. I would (and will) recommend them to anyone that I encounter who has a property to sell," said Tony Santaniello from Scranton, PA.

For additional information, please visit: https://www.offermarket.us/

VIDEO (YouTube): https://youtu.be/Sy8RMWsR_Qw

About OfferMarket:

OfferMarket is a real estate marketplace that uses technology to save money for buyers and sellers. The company currently has active deals in Arkansas, Delaware, Florida, Indiana, Kentucky, Maryland, Michigan, Nevada, Pennsylvania, South Carolina, Texas, Virginia and Illinois.

MEDIA ONLY CONTACT
Daniel Sperling-Horowitz
CEO, OfferMarket
443-492-9941
hello@offermarket.us

*LOGO link for media: https://www.Send2Press.com/300dpi/21-0121s2p-offermarket-300dpi.jpg

Today, OfferMarket, a technology-enabled real estate marketplace announced the launch of OfferMarket Auctions. The company's real estate auction framework promotes buyer competition, reduces transaction costs and delivers faster closing times.

Related link: https://www.offermarket.us/

SimpleNexus Names Richard Jackman VP of Marketing

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 it has hired Richard Jackman to its executive team as vice president of marketing. In this role, Jackman will lead the company's strategic marketing plan and expand SimpleNexus' share of voice in the mortgage market.

Jackman brings over two-decades of marketing leadership experience to SimpleNexus, having directed marketing campaigns yielding thousands of sales leads and millions of dollars in revenue. Immediately before joining SimpleNexus, Jackman served as vice president of marketing at Simplifile, the nation's largest e-recording network, which was acquired by Intercontinental Exchange (NYSE: ICE) in 2019. During his twelve-year tenure holding the senior-most marketing position at Simplifile, Jackman helped the company grow annual revenue from $5 million to $60 million.

"Richard is a keen digital mortgage marketing executive with the demonstrated ability to help innovative firms rapidly expand their market footprint and scale to their full potential," said SimpleNexus President Cathleen Schreiner Gates. "Richard's experience leading high-performing marketing divisions will play a key role in helping SimpleNexus expand the customer journey and deliver superior value to our clients."

"SimpleNexus has a clear vision for improving the mortgage industry through a connected platform that ultimately streamlines the entire homeownership process for all parties involved," said Jackman. "Simply put, SimpleNexus is a trailblazer in the mortgage technology sphere delivering exceptional value. I'm excited to join a team that shares my core values and mirrors my dedication to making the homeowner journey more efficient, transparent and enjoyable.

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.

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

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

*PHOTO link for media: https://www.Send2Press.com/300dpi/21-0119s2p-Richard-Jackman-300dpi.jpg

SimpleNexus, developer of the leading homeownership platform for loan officers, borrowers, real estate agents and settlement agents, today announced it has hired Richard Jackman to its executive team as vice president of marketing.

Related link: https://simplenexus.com/

UniversalCIS Announces Acquisition of SharperLending

PHILADELPHIA, Pa. /ScoopCloud/ -- UniversalCIS, a market leader in technology and solutions to the mortgage industry, is pleased to announce the acquisition of mortgage technology provider SharperLending. The SharperLending transaction, which follows the merger of Universal Credit, CIS Credit Solutions, and Avantus, provides further enhancements to the technology platform for UniversalCIS.

SharperLending provides a product extension into software solutions for the residential and commercial appraisal markets through Appraisal Firewall and related products, optimized settlement and bundled services solutions, as well as direct income verification and mortgage credit reporting technology.

SharperLending will operate as an independent business unit as a wholly owned subsidiary of UniversalCIS. The strategic financial technology initiatives between the combined companies will provide deeper systems integrations, faster loan origination and processing, better leverage to loan operating systems, strong technology partnerships with the GSEs, and other technical integrations to banks, credit unions, mortgage companies, and channel partners.

Perry Steiner, Chairman of UniversalCIS, stated, "The acquisition of SharperLending is a critical building block for the UniversalCIS technology platform, and it represents our entry into the real estate appraisal software market. This partnership will provide enhanced workflow tools for our clients, and provide greater value and a deeper level of integration in the mortgage origination process. Our primary focus will be to accelerate the level of technology investment in SharperLending's software products."

David Chiappe, President of SharperLending, stated, "This transaction represents a unique opportunity to combine our software platforms with a technology and solutions leader in the mortgage industry. As an independent subsidiary of UniversalCIS, SharperLending will be able to offer a greater level of resources and investment to all of our clients."

Dave Black, founder of SharperLending continued, "As a private company for over 30 years, we were very careful and deliberate in choosing our partner for our future growth, and we anticipate great things together with UniversalCIS."

Jerry Haftmann, CEO of UniversalCIS stated, "We welcome all SharperLending customers and employees to our business. This partnership represents a natural extension to provide residential and commercial appraisal software, and SharperLending will continue to independently support its mortgage credit industry clients. We plan to integrate and leverage the SharperLending technology in all aspects of our business as we continually strive to increase efficiency in the mortgage origination process."

About UniversalCIS

UniversalCIS is a market leader in mortgage technology, credit reporting, and related products and solutions for mortgage originators. UniversalCIS has over 4,000 clients ranging from the largest bank and non-bank mortgage originators to credit unions and mortgage brokers. UniversalCIS prides itself on the best technology, solutions, and service in the industry. UniversalCIS was created through the merger of Universal Credit Services, CIS Credit Solutions, and Avantus.

For more information, please visit: http://universalcis.com/

About SharperLending Solutions

SharperLending is a leading technology provider to the mortgage industry. SharperLending provides financial technology software solutions to channel partners and lending institutions to increase efficiency, mitigate risk, and offer affordability. The company's proven technology has processed more than two billion secure mortgage transactions. The company has three major platforms under its corporate umbrella: Appraisal Firewall appraisal platform, the XpertOnline credit platform and the EPN loan origination and settlement service platform.

For more information, please visit: http://sharperlending.com/

UniversalCIS, a market leader in technology and solutions to the mortgage industry, is pleased to announce the acquisition of mortgage technology provider SharperLending. The SharperLending transaction, which follows the merger of Universal Credit, CIS Credit Solutions, and Avantus, provides further enhancements to the technology platform for UniversalCIS.

Related link: https://universalcredit.com/

ACES Quality Management Charitable Giving Program Makes Impact For Third Consecutive Year

DENVER, Colo. /ScoopCloud/ -- ACES Quality Management™ (ACES), the leading provider of enterprise quality management and control software for the financial services industry, today announced the latest results of its ACES CARES philanthropic campaign and matching gift program. The campaign raised funds for 11 contributors and includes donation matching per employee with an additional amount donated to the top three charities of the overall team's choosing.

"The past year has upended the lives of so many people. Our core values included being exceptional, passionate and leading; and this year it's more important than ever to do as much good as possible," said ACES CEO Trevor Gauthier. "With many still grappling with the effects of the pandemic and an increasingly challenging year, ACES remains focused on expanding the ways we serve not only the financial industry, but also the community at-large through positive change."

Established in 2018, ACES CARES encourages employees to make a positive difference in the community through volunteering, outreach and financial contributions to charities and causes close to their hearts. Since the program's inception, ACES Quality Management and its staff have donated a total of $22,747 to 73 organizations through ACES Cares, with this year's causes including hunger relief, equality, homeless assistance and animal welfare to name a few. Offering a dollar-for dollar match of employee donations to U.S.-registered 501(c)(3) charitable organizations of their choice, the program also supports employees' wellness and community involvement programs.

To learn more about ACES CARES and see how ACES team members are impacting their communities with positive change, visit https://www.acesquality.com/about/careers/aces-cares

About ACES Quality Management

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

* 3 of the top 5 and more than 50% of the top 50 independent mortgage lenders;

* 7 of the top 10 loan servicers;

* 11 of the top 30 banks; and

* 1 of the top 3 credit unions in the USA.

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

ACES Quality Management™ (ACES), the leading provider of enterprise quality management and control software for the financial services industry, today announced the latest results of its ACES CARES philanthropic campaign and matching gift program.

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

Top of Mind’s Surefire Rounds Out 2020 as the Most Decorated Mortgage CRM and Marketing Automation Platform

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, anticipates continued growth and innovation in 2021 after a banner year of accolades and the launch of new product enhancements and technology partnerships.

"Top of Mind has succeeded in the current market by meeting lenders' demand for an easy-to-implement marketing automation platform equipped with the content and workflows they need to begin increasing volume on day-one," said Top of Mind EVP of Sales Nick Belenky. "Between our expansive library of creative content and push-button 'Blueprints for Success' automated workflows, Surefire is unparalleled in its ability to help lenders to execute comprehensive, multi-channel marketing campaigns that win new business, delight borrowers and retain clients for life."

In 2020, Top of Mind's flagship CRM and marketing automation platform Surefire garnered 21 prestigious national and global marketing awards for its engaging creative content. In March, Top of Mind took home four platinum and 4 gold awards at the 26th annual AVA Digital Awards competition, and in May the company earned eight awards for outstanding corporate marketing at the international Hermes Creative awards. In June, Top of Mind was recognized alongside the world's top creators of video content, collecting four trophies at the Telly awards competition. And in August, Surefire was recognized as Product of the Year by the Business Intelligence Group's Sales and Marketing Technology Awards program.

Last year, Surefire advanced significantly with the addition of features that help lenders easily execute highly-effective "set it and forget it" multi-channel marketing campaigns. In April, Surefire introduced Power Messaging, a feature that enables Surefire users to deliver high-touch text communication to consumers at scale, and Partner Network, a Real Estate Settlement Procedures Act (RESPA) solution that makes it easy for lenders and referral partners to co-brand marketing collateral with control and confidence. The following month, the company enhanced its five-year "Client for Life" workflow with Power Calls and Power Messaging to help lenders retain their surge of 2020 refi customers.

Additionally, the company expanded its ability to seamlessly plug into the mortgage technology ecosystem by technology partner integrations with such companies as SimpleNexus, MobilityRE, Floify and CardTapp.

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.

@mortgagecrm #mortgagemarketing

Top of Mind Networks (Top of Mind), a leader in customer relationship management (CRM) and marketing automation software for the mortgage lending industry, anticipates continued growth and innovation in 2021 after a banner year of accolades and the launch of new product enhancements and technology partnerships.

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

SimpleNexus Secures $108M in Series B Funding to Transform the Homeownership Journey into a Seamlessly Connected Experience

LEHI, Utah /ScoopCloud/ -- SimpleNexus (https://simplenexus.com/), developer of the leading homeownership platform connecting loan officers, borrowers, real estate agents and settlement agents, has received a follow-on investment of $108 million in Series B funding led by global venture-capital and private-equity firm Insight Partners.

Founded in 2011, SimpleNexus is one of the fastest-growing technology companies in North America. Company President Cathleen Schreiner Gates credits 2020's four consecutive quarters of record-setting revenue growth to rapid, enthusiastic adoption of SimpleNexus' solutions by banks, credit unions and independent mortgage lenders across the United States. The capital infusion from Insight Partners will help SimpleNexus maintain this growth trajectory as it continues to transform the mortgage industry by seamlessly connecting the homeownership journey.

"SimpleNexus is systematically tearing down the technology barriers that gave the mortgage process a reputation for being disjointed, arduous and slow," said Schreiner Gates. "First, we created a best-in-class mobile toolset that delivers hundreds of thousands of lender referrals each year by bringing together consumers, real estate agents and loan officers from the point of thought. Then we perfected the loan application with features like our mobile mortgage disclosures, which empowers borrowers to finish in hours a task that normally takes days. With the support of Insight Partners, we will build on the momentum we received from bringing to market the best eClosing experience lenders and consumers have ever seen. Our vision is to hone the entire home buying journey from the borrower's first contact with a Realtor to the closing table and beyond."

The $108 million capital raise follows Insight Partners' initial investment of $20 million in SimpleNexus and underscores the firm's continued confidence in the Utah-based tech firm. Insight Partners has invested in more than 400 investments and has supported more than 50 software ScaleUps in the real estate and fintech verticals alone.

"SimpleNexus' innovative solutions continue to change the mortgage industry in exciting ways," said Jeff Lieberman, Managing Director at Insight Partners. "CEO Matt Hansen and the SimpleNexus team are executing at a remarkable pace on their long-term vision of streamlining the path to homeownership. The SimpleNexus platform continues to strengthen, addressing key industry pain points while preserving lender flexibility, efficiency and simplicity. We are thrilled to support the company's continued growth and excited by the partnerships they are creating to deliver a seamless homeownership journey."

SimpleNexus announced one such strategic partnership in November, a collaboration with Progressive® (NYSE: PGR) that makes it easy for borrowers to secure a home insurance policy in the same app they use to complete other loan-related tasks.

SimpleNexus' award-winning homeownership platform plays a role in 13% of all home loans originated in the U.S. SimpleNexus serves a user base of more than 29,000 loan originators and 123,000 real estate agents and more than 3 million borrowers. To date, the platform has handled over 13 million loans totaling over $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 at: https://www.simplenexus.com/.

About Insight Partners

Insight Partners is a leading global venture capital and private equity firm investing in high-growth technology and software ScaleUp companies that are driving transformative change in their industries. Founded in 1995, Insight Partners has invested in more than 400 companies worldwide and has raised through a series of funds more than $30 billion in capital commitments. Insight's mission is to find, fund, and work successfully with visionary executives, providing them with practical, hands-on software expertise to foster long-term success. Across its people and its portfolio, Insight encourages a culture around a belief that ScaleUp companies and growth create opportunity for all. For more information on Insight and all its investments, visit https://www.insightpartners.com/ or follow us on Twitter @insightpartners.

Twitter: @SimpleNexus @insightpartners #digitalmortgage #mortgagetechnology #investmentnews

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SimpleNexus, developer of the leading homeownership platform connecting loan officers, borrowers, real estate agents and settlement agents, has received a follow-on investment of $108 million in Series B funding led by global venture-capital and private-equity firm Insight Partners.

Related link: https://simplenexus.com/

FormFree Launches Rebrand, New Website Aligned with Mission to Expand Financial Inclusivity

ATHENS, Ga. /ScoopCloud/ -- FormFree® today launched a new visual identity designed to reflect its mission of empowering consumers and lenders with a transparent view of borrower financial DNA. In tandem with the brand launch, FormFree unveiled a new website that speaks to both consumer and lender audiences about how its AccountChek® and Passport™ solutions enable better financial decisions.

FormFree's patented technology verifies and analyzes borrower financial DNA - direct-source asset, income, employment, identity and public records data - to provide a more accurate and holistic picture of a borrower's ability to pay (ATP) than traditional credit scoring alone.

"FormFree is ushering in a new era for lending, turning the current lender-driven verification model on its head and empowering consumers with transparency into and control over their financial DNA," said Sarah Crossley, director of marketing at FormFree. "With our visual rebrand and new website, we are able to tell the story of how greater insight into consumer financial DNA opens the door to improved credit decisioning and a more financially inclusive U.S. economy."

FormFree was founded in 2008 by former Wall Street executive Brent Chandler. The company's pioneering work in bringing direct-source data analytics to the U.S. mortgage market has earned it six appearances on the HousingWire Tech100 list of the housing economy's most innovative companies, among other accolades. FormFree's AccountChek and Passport solutions are used by thousands of lenders and millions of consumers each year.

To see FormFree's new brand in action, visit https://www.formfree.com/.

About FormFree:

FormFree is a market-leading fintech company whose revolutionary products AccountChek and Passport are building a more inclusive credit decisioning landscape by encouraging lenders to view borrower ability to pay (ATP) more holistically. To date, thousands of U.S. lenders and brokers have ordered millions of FormFree's patented verification reports representing over a trillion dollars in loan verifications. FormFree delights borrowers and lenders with a paperless experience, reduces origination timelines by up to 20 days and offers automated analysis and standardized delivery to lenders and investors using a secure ReIssueKey™.

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

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

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FormFree today launched a new visual identity designed to reflect its mission of empowering consumers and lenders with a transparent view of borrower financial DNA. In tandem with the brand launch, FormFree unveiled a new website that speaks to both consumer and lender audiences about how its AccountChek and Passport solutions enable better financial decisions.

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

SimpleNexus User Group (SNUG) Announces 2021 Agenda for Third Annual Conference

LEHI, Utah /ScoopCloud/ -- SimpleNexus (https://simplenexus.com/), developer of the leading digital mortgage platform for loan officers, borrowers, real estate agents and settlement agents, today announced the agenda for SimpleNexus User Group (SNUG) 2021 conference being held virtually on February 22-24.

Focusing on the future of digital mortgage technology, the third annual SNUG conference features two days of curated content for mortgage lenders. Led by industry leaders, digital mortgage trailblazers and SimpleNexus' team of mortgage technology experts, SNUG's sessions are designed to help lenders maximize profitability and deliver a world-class borrower experience by optimizing their implementation of SimpleNexus.

Noteworthy sessions from the SNUG 2021 agenda include:

* Kick-off session featuring a live, virtual culinary class with Top Chef's Fabio Viviani

* Evolution of SimpleNexus platform enhancements and insight into the 2021 product roadmap

* Data-driven analysis of SimpleNexus' impact and key ROI considerations from MarketWise Advisors and SVP of Sales John Aslanian

* Preparation for the Biden-Harris administration's impact on compliance-related regulatory policy led by Compliance Counsel Tyler Moore

* Interactive panel discussion unveiling how lenders have leveraged SimpleNexus to grapple with changes caused by the COVID-19 pandemic and booming mortgage market

* Social reach tactics, branding and best practices for effectively turning social media into a highly producing revenue channel with Josh Pitts, founder of Shred Media

"Each year, SimpleNexus looks forward to bringing users together to share best practices, discover the latest enhancements to the platform and gain insight from subject-matter experts to ensure they are maximizing the value of their technology investment," said SimpleNexus VP of Marketing Richard Jackman. "To ensure the safety of our users, we've designed a premium virtual conference experience that delivers breakthrough business results for lenders without compromising the quality, innovation and service SimpleNexus users have come to expect."

SimpleNexus serves a user base of more than 27,000 loan originators, 123,000 real estate agents and 2.9 million borrowers. To date, the platform has handled over 11 million loans totaling over $2 trillion in volume and touches approximately one in eight home loans originated in the United States.

Tickets and full conference details for SNUG 2021 are available at https://simplenexus.com/sn/snug2021/. For sponsorship opportunities, contact Courtney Montgomery at cmontgomery@simplenexus.com.

About SimpleNexus, LLC:

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

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

Twitter: @SimpleNexus #digitalmortgage #SNUG2021 #TheEMortgageForefront #mortgagetechnology

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SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers, real estate agents and settlement agents, today announced the agenda for SimpleNexus User Group (SNUG) 2021 conference being held virtually on February 22-24.

Related link: https://simplenexus.com/

LBA Ware Joins ACUMA, Brings New Tools for Optimizing Mortgage Team Performance and Compensation to Credit Unions

MACON, Ga. /ScoopCloud/ -- LBA Ware(TM), a leading provider of incentive compensation management (ICM) and business intelligence (BI) software solutions for the mortgage industry, has joined the American Credit Union Mortgage Association (ACUMA) as an affiliate member. Through the membership, LBA Ware aims to strengthen credit unions' competitiveness and performance by equipping them with solutions that simplify the mortgage compensation process and help teams use their data to drive new levels of performance.

Tried and tested by more than 100 lenders of all sizes, including GreenState Credit Union and Cyprus Credit Union, LBA Ware's CompenSafe(TM) automates variable compensation plans, giving lenders efficiency and control that spreadsheets simply can't provide. By bridging the gap between payroll and loan origination systems, CompenSafe eliminates errors associated with manual data entry and updates originators of the status of their compensation in near real-time.

LimeGear, LBA Ware's turnkey BI platform, helps lenders increase productivity and efficiency with out-of-the-box dashboards and team-, employee- and loan-level data insights. Credit unions can use LimeGear to efficiently track the progress of loans through the pipeline without ever logging into their loan origination system (LOS).

"Credit unions play a vital role in expanding credit and mortgage access and providing trusted financial guidance to their communities. Joining ACUMA as an affiliate member enables us to help more CUs streamline their mortgage operations and improve team performance, which in turn frees them to focus on prioritizing members' needs," said Lori Brewer, founder and CEO of LBA Ware.

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 is a powerful resource that creates opportunities for credit union professionals and their primary suppliers to network, share knowledge, build relationships and grow market share," said Tracy J. Ashfield, ACUMA President. "ACUMA members live up to the CU motto of 'people helping people' by being generous and transparent in sharing their roads to their success with fellow members. We extend a warm welcome to LBA Ware and celebrate their recent membership."

About LBA Ware(TM):

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 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: @LBAWare @ACUMACommunity #mortgageindustry #mortgagetechnology #mortgagelending #ACUMA

LBA Ware, a leading provider of incentive compensation management (ICM) and business intelligence (BI) software solutions for the mortgage industry, has joined the American Credit Union Mortgage Association (ACUMA) as an affiliate member.

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

Top of Mind Integrates with Sales Boomerang to Help Mortgage Lenders Seize More Sales Opportunities, Hang On to Existing Customers

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, has partnered with Sales Boomerang, the industry's top-rated automated borrower intelligence and retention system, to help loan originators uncover new business opportunities and significantly outperform customer retention benchmarks by responding rapidly to loan opportunities as they arise.

Sales Boomerang notifies mortgage lenders the moment an unqualified lead becomes qualified - for instance, when a prospect's FICO score improves, when a borrower could reduce their mortgage payment or pay off debt by refinancing, or when a consumer's credit activity indicates they may be shopping for a mortgage. Lenders can define the criteria for a triggering event at the enterprise or individual loan originator (LO) level. Prescriptive scenarios make it effortless for loan originators to understand and capitalize on opportunities they would otherwise lose to competitors, delivering an average 20 to 30% lift in loan volume.

The newly announced integration embeds Sales Boomerang directly inside Top of Mind's Surefire CRM, the most popular CRM and marketing automation platform in the mortgage industry. Surefire's award-winning technology can be used to deliver timely reminders to LOs to follow up on the opportunities presented by Sales Boomerang. Alternatively, lenders can use Surefire to automatically deploy context-specific marketing campaigns to consumers on behalf of LOs, ensuring opportunities are never overlooked.

"As refi volume declines in 2021, lenders will need to nurture existing relationships to stay competitive in a purchase market," said Top of Mind VP of Sales Nick Belenky. "Together, Surefire's CRM and marketing automation platform and Sales Boomerang's automated borrower intelligence and retention system act as a powerful client retention force that empowers lenders to establish themselves as an indispensable partner in the homeownership journey."

"The lending industry is notorious for its abysmally low average customer retention rate; eighty percent of borrowers will take out their next loan with a different lender than the one they used previously," said Sales Boomerang CEO Alex Kutsishin. "Helping banks, credit unions and independent mortgage lenders beat those odds - often retaining as high as 65% or more of past customers - is at the core of everything we do."

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.

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).

Twitter: @mortgagecrm @SalesBoomerang #marketingautomation #mortgagemarketing #digitalmortgage

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Top of Mind Networks (Top of Mind), a leader in customer relationship management (CRM) and marketing automation software for the mortgage lending industry, has partnered with Sales Boomerang, the industry's top-rated automated borrower intelligence and retention system, to help loan originators uncover new business opportunities and significantly outperform customer retention benchmarks by responding rapidly to loan opportunities as they arise.

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

Promontory MortgagePath Recruits Elisha Werner as Chief Compliance Officer

DANBURY, Conn. /ScoopCloud/ -- Promontory MortgagePath LLC, a leading provider of comprehensive digital mortgage and tech-driven fulfillment solutions, announced today it has recruited Elisha Werner as chief compliance officer, mortgage operations. In this role, Werner will lead compliance efforts for Promontory MortgagePath's residential mortgage operations and oversee the regulatory and compliance implementation process including contributing to and testing the company's cutting-edge compliance controls and digital mortgage origination technology.

In addition, Werner will support the development, implementation and ongoing performance of Promontory MortgagePath's compliance management system, which serves as the foundation for its mortgage fulfillment services.

"Compliance is the foundation on which our solution is built, and Elisha's demonstrated experience in mortgage compliance will directly support us in equipping lenders with best-in-class technology at the highest level of compliance adherence," said Debora Aydelotte, chief operating officer at Promontory MortgagePath. "Her role as chief compliance officer enhances our digital mortgage and fulfillment services platform, further reducing lenders' risk, and strengthening Promontory MortgagePath's position as a trusted partner in managing today's regulatory burden."

With more than 20 years' experience in mortgage-industry compliance, Werner has served as general counsel of a title company, chief compliance officer of a mortgage banker and most recently as chief compliance counsel for Opus Capital Markets Consultants. In these roles, she managed all aspects of compliance oversight for operations, loan file due diligence and quality control.

"In today's environment, there are plenty of fintech providers building technology where compliance is secondary or an afterthought. As community lenders grow their mortgage operations, it is more important than ever they leverage digitally-driven mortgage services prioritizing compliance," said Werner. "Promontory MortgagePath's commitment to keeping abreast of the latest regulatory and investor changes offers community lenders assurance that as their loan volumes increase, their level of compliance risk will not respond in kind, and I am eager to utilize my expertise in this area to help maintain this commitment to our community lender partners."

To learn more about open positions at Promontory MortgagePath, visit mortgagepath.com/careers. Contact careers@mortgagepath.com to submit a resume or other inquiries.

About Promontory MortgagePath LLC | NMLS ID 1532373

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

Promontory MortgagePath LLC, a leading provider of comprehensive digital mortgage and tech-driven fulfillment solutions, announced today it has recruited Elisha Werner as chief compliance officer, mortgage operations.

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

ACES Quality Management Makes Key Loan Audit Platform Upgrades to Elevate User Experience for Lending Institutions

DENVER, Colo. /ScoopCloud/ -- ACES Quality Management(TM) (ACES), the leading provider of enterprise quality management and control software for the financial services industry, announced the release of several key features and enhancements to its ACES Quality Management & Control Software(TM). The updates are designed to improve reporting through the system and create a highly customizable, easy-to-use experience.

Commonly reported data is now readily available for reporting directly in the ACES user interface (UI) through a library of standard reports. With a simpler, yet flexible and intuitive user experience and more options to customize their ACES environments, users can quickly and easily create their own reports or modify default reports to drill down on specific data points, as well as apply filters, sort columns and set order preferences.

"With higher loan volumes comes a higher risk of compromises to loan quality, increasing the need to utilize technology that mitigates risk while boosting productivity and quality," ACES CEO Trevor Gauthier said. "The newest enhancements to ACES' user interface and reporting functionality are part of our ongoing strategic initiative to improve direct access to live data. Whether lenders need to quickly distribute reports or better understand their productivity, ACES improves their efficiency while providing better control over quality and costs."

In addition, ACES has updated the look and feel of its UI to align the aesthetic elements of the ACES Quality Management & Control Software with the company's recent rebrand while maintaining the same core functionality and data analysis capabilities familiar to ACES users. The new and improved layout features independently scrolling sections, drag-and-drop items, improved menu navigation and simplification of users' ability to brand their environments. Upgrades to the UI and reporting were driven by client research and feedback from ACES users.

"Soliciting user feedback is an invaluable step in our process of continuously adapting our system to fit lenders' ever-changing needs," Gauthier said. "We strive to continue delivering the most flexible technology on the market for improving audit efficiency, boosting team productivity and helping lenders make better-informed decisions across lines of business, and in service of that goal, ACES invested in a team whose sole purpose is to continuously modernize our technology and improve the user experience."

About ACES Quality Management

ACES Quality Management, formerly known as ACES Risk Management (ARMCO), is the leading provider of enterprise quality management and control software for the financial services industry.

The nation's most prominent lenders, servicers and financial institutions rely on ACES Audit Quality Management & Control Software(TM) to improve audit throughput and quality while controlling costs, including:

* 3 of the top 5 and more than 50% of the top 50 independent mortgage lenders;

* 7 of the top 10 loan servicers;

* 11 of the top 30 banks; and

* 1 of the top 3 credit unions in the USA.

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

ACES Quality Management (ACES), the leading provider of enterprise quality management and control software for the financial services industry, announced the release of several key features and enhancements to its ACES Quality Management & Control Software. The updates are designed to improve reporting through the system and create a highly customizable, easy-to-use experience.

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

LBA Ware Unveils Expanded Functionality to CompenSafe’s ‘Verify Pay’ Feature

MACON, Ga. /ScoopCloud/ -- LBA Ware(TM), a leading provider of incentive compensation management (ICM) and business intelligence (BI) software solutions for the mortgage industry, announced it has updated CompenSafe's(TM) Verify Pay feature, which enables loan originators (LOs) and other commissioned or bonus-based employees to review and verify their incentive compensation before paychecks are cut, greatly reducing the hassle, time and cost of remediating incentive compensation disputes.

"Verify Pay strengthens trust by engaging employees in a transparent compensation process," said LBA Ware Founder and CEO Lori Brewer. "It greatly reduces costly and time-consuming processes associated with compensation errors, such as cutting manual checks, and it creates a detailed audit trail, which is especially important in states like California where compensation disputes can snowball into a PR nightmare."

Verify Pay engages employees in the compensation process by giving them the opportunity to review, ask questions, comment on, and verify their incentive compensation before paychecks are distributed. Employees who wish to submit a commission dispute may do so in a matter of seconds, and their dispute - along with a link to the disputed loan file - is automatically forwarded to the payroll administrator for rapid review. The entire dispute/resolution thread is logged, providing lenders with a detailed, time-stamped audit trail.

"Mortgage lenders value CompenSafe because it is much more than a compensation calculation engine - it's a comprehensive incentive compensation management tool," added Brewer. "We constantly listen to clients and respond with creative features that address the practical challenges associated with administering commissions."

About LBA Ware:

LBA Ware(TM) 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

LBA Ware, a leading provider of incentive compensation management (ICM) and business intelligence (BI) software solutions for the mortgage industry, announced it has updated CompenSafe's Verify Pay feature, which enables loan originators (LOs) and other commissioned or bonus-based employees to review and verify their incentive compensation before paychecks are cut, greatly reducing the hassle, time and cost of remediating incentive compensation disputes.

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

HousingWire Honors DocMagic’s Brian D. Pannell with 2020 Tech Trendsetters Award

20-1207-Brian-D-Pannell-696x522.jpg /ScoopCloud/ -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance, and comprehensive eMortgage services, announced that its chief eServices executive, Brian D. Pannell, has received HousingWire's 2020 Tech Trendsetters award. Now in its second year, the prestigious award recognizes the most impactful and innovative technology leaders serving the housing economy.

HousingWire's editorial board selected a total of 50 winners based on their professional success over the last 12 months, as well as their overall career accomplishments for both their companies and the industry sector they represent. Winners came from various sectors of tech within the housing economy, including residential mortgage lending, servicing, investing, construction, and real estate.

"Our Tech Trendsetters award recognizes a group of leaders who were critical to the outstanding performance of housing and real estate during this pandemic, finding innovative solutions when everything changed on a dime," said HousingWire Editor in Chief Sarah Wheeler. "We're very proud to celebrate their achievements and honor the impact they've had at such a crucial time."

Brian D. Pannell's solution-oriented approach has helped countless lending entities go "e," positioning them for long-term success and positively impacting their ability to serve their customers during the pandemic.

Brian has been key in driving facilitation, implementation, and industry adoption of multiple DocMagic solutions. One of those solutions is Total eClose(TM), DocMagic's award-winning, single-source eClosing platform that removes all paper from the closing process while leveraging the precision-based accuracy of the company's intelligent, dynamic document generation capabilities.

In addition, Brian has been hands-on in implementing DocMagic's eVault and eNote processes-not just for lenders but also for other members of the supply chain. For example, he worked on Secured Party and Master Servicer/Subservicer for the support of MERS, the Federal Home Loan Banks, Ginnie Mae, and the gap in servicing support that is seen for servicers that don't have their own eVaults.

"I am truly honored to have been named to HW's 2020 class of Tech Trendsetters," Pannell said. "This year has been one of the most challenging in my career given the influx of requests to implement many of our solutions throughout the pandemic and refi boom that is setting volume records. But seeing all the hard work pay off for DocMagic's clients and partners has been very gratifying, and receiving the Tech Trendsetters award at the end of this long year makes it all worthwhile."

In 2020, Brian also helped implement AutoPrep, a new technology that enables DocMagic's Total eClose platform to accept documents from any source by "e-enabling" them for paperless eClosings.

Brian has and continues to serve as an invaluable resource to the mortgage industry as a subject matter expert on end-to-end eMortgage automation, eSigning, eNotarization, eNotes, eVaults, eClosing, eWarehouse lending, and more. He has helped countless lenders, technology service providers, GSEs, and investors understand the immense value of going "e." He's played a key part in where digital mortgages are headed and serves as both a leader and educator to evangelize the industry-wide benefits for the many organizations he works with.

"In its second year, the 2020 Tech Trendsetters once again surpassed all expectations as the housing industry rose up to meet unprecedented challenges," HousingWire Magazine Editor Kelsey Ramírez said. "This year's Tech Trendsetters represent shapers whose innovative solutions continue to inspire the industry."

About DocMagic:

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

About HousingWire:

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

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

Social Media: @DocMagic #BrianPannell #HWTechTrendsetters #eMortgageServices #TotalClose #AutoPrep

DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance, and comprehensive eMortgage services, announced that its chief eServices executive, Brian D. Pannell, has received HousingWire's 2020 Tech Trendsetters award.

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

MCTlive! Pool Optimizer Technology Sets New Bar for Best Execution Loan Sales

SAN DIEGO, Calif. /ScoopCloud/ -- Mortgage Capital Trading, Inc. (MCT®), a leading mortgage hedge advisory and secondary marketing software firm, debuted upgraded MCTlive! Pool Optimizer functionality at its MCT Exchange client conference last month. The technology enables 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.

"Depending on loan sale size, the tool looks at millions of iterations of execution options while doing the optimization process on a specified set of loans, creating a factorial to compute the optimal pooling solution," said MCT COO, Phil Rasori. "When you have a large number of high balance loans and you're trying to fit them into the 10% de minimus rule, this will make the ideal allocations, whether a specific product or in a pool with high balance."

The MCTlive! Pool Optimizer involves both the cash window commitment process as well as MBS optimization, rather than solely MBS pooling or delivery, allowing for full pricing granularity specific to all available executions. The cloud-based, scalable technology infrastructure of MCTlive! supports analysis of the millions of possible combinations at unprecedented speed. Calculations are made on real-time spec pool pay-ups with MCT's API connectivity and sets a new standard when defining optimal pool allocations.

"The system reviews the open pipeline and accounts for all co-issue commitments across the three agencies, 50 aggregators and 10 co-issue buyers. With 'cross commitment optimization' you can check, for instance, Fannie direct against co-issue Servicing Marketplace, placing each loan in the best place," explained Andrew Rhodes, Director of Trading at MCT. "This upgraded functionality is a game-changer for the majority of lenders looking to do pool optimization across both cash window and MBS executions."

The new Pool Optimizer received a warm welcome at MCT Exchange, where nearly three hundred lenders and partners reacted to its virtual debut with eager anticipation. As one of the many tools in MCT's cloud-based capital markets software platform, MCTlive!, Pool Optimizer is now available to clients. Those interested in learning more about the MCTlive! Pool Optimizer features, benefits, or how to begin using the module are encouraged to contact MCT for more information: https://mct-trading.com/solutions/.

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, Los Angeles and Dallas. 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.

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

Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, debuted upgraded MCTlive! Pool Optimizer functionality at its MCT Exchange client conference last month. The technology enables 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.

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

SimpleNexus and Unify Integrate to Help Mortgage Lenders Streamline the Loan Process, Reduce Application Abandonment

LEHI, Utah /ScoopCloud/ -- SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers, real estate agents and settlement agents, today announced a two-way integration with Unify's Business Growth Platform(TM) that streamlines the loan application process to improve efficiency and help mortgage lenders reduce application abandonment.

Through the integration, loan applicant information entered into SimpleNexus automatically creates new contact records in Unify, where mortgage professionals can manage customer relationships and deploy automated marketing campaigns. When SimpleNexus detects a loan application abandonment - which occurs when borrowers start, but do not finish their loan applications - Unify is alerted to this abandonment. Unify can then send automated outreach campaigns, which include pre-written emails, call scheduling and appointment setting. This enables loan originators to convert more "drop-offs" into completed loan applications.

The integration also pushes data from Unify to SimpleNexus. With a simple push of a button, Unify contact record information is sent to SimpleNexus to populate a contact's application record. This eliminates the need for mortgage originators to manually enter information in 32 distinct data fields.

"U.S. mortgage volume is on pace to exceed $4 trillion in 2020 for the first time in history. This unprecedented volume is challenging loan originators to find new ways to be more efficient and productive," said SimpleNexus Founder and CEO Matt Hansen. "By leveraging the combined power of SimpleNexus and Unify, lenders can reduce originators' workloads and keep more business in the pipeline."

"We are pleased to offer clients a tight-knit integration between Unify and SimpleNexus," said Scott Lidberg, President of Unify. "Loan originators are busy, especially in these market conditions, and the automation and efficiencies this integration provides will allow them to manage their days more effectively and grow their businesses."

To see the integration in action, visit https://simplenexus.com/sn/partners/unify/.

About SimpleNexus, LLC:

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

About Unify:

Unify is an innovative business growth platform designed specifically for the mortgage industry. Unify helps mortgage banks, community banks, mortgage brokers, credit unions and loan originators more effectively connect with their clients, manage relationships and grow their businesses. For more information, visit https://unifycrm.com/.

Twitter: @SimpleNexus @unifycrm #digitalmortgage #mortgagemarketing

SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers, real estate agents and settlement agents, today announced a two-way integration with Unify's Business Growth Platform that streamlines the loan application process to improve efficiency and help mortgage lenders reduce application abandonment.

Related link: https://simplenexus.com/

NotaryCam Marks Significant Spike in Use of Remote Online Notarization for eWills in Second Half of 2020

NEW SMYRNA BEACH, Fla. /ScoopCloud/ -- NotaryCam®, the pioneering leader in online notarization and original provider of mortgage eClosing solutions, today announced that it has seen a 10X-increase in the number of remote online notarization (RON) transactions the company has performed for electronic wills (eWills) thus far in 2020. The company attributes a significant portion of this increase to the passage of Florida's eWill legislation, which went into effect on July 1, 2020.

Since launching its eWill product in 2019, NotaryCam has enabled testators to create and notarize video eWills, advanced health directives, trusts, etc. without having to appear physically in person before a notary. NotaryCam engages two forms of identification and allows witnesses and/or attorneys to join the ceremony from anywhere. To ensure the wishes laid out in the eWill survive probate, NotaryCam added security measures including securely storing video recording the signing ceremony for a minimum of 10 years and tamper-sealing on the notarized document. Witnesses and/or attorneys can also join the ceremony from anywhere in the world.

"In today's world, eWills not only provide individuals a convenient and secure platform through which to create a will, but also the peace of mind knowing it can be easily accessed at any time from anywhere," said NotaryCam Founder and CEO Rick Triola. "For example, in a situation in which a living will or advanced care directive needs to be accessed, it provides comfort to the family to not only know their loved one's wishes, but to see them on video as those wishes were expressed."

Since the onset of the COVID-19 pandemic, the ability to create and notarize eWills has become more significant as well as more convenient as states issued emergency orders authorizing RON transactions. Although many states have recognized the legality of eWills for years, RON now allows individuals/testators to remotely execute these documents with or without their attorneys having to appear physically in the same room. Thus, allowing eWills or any estate planning documents to be remotely notarized, eliminates several barriers that might otherwise prevent individuals from engaging in advanced care/estate planning. Additionally, the emergency legislation surrounding RON allows NotaryCam to add security and identity proofing, adding both long-term defensible evidence and peace of mind to eWill transactions.

For Florida-based estate planning firm and NotaryCam client de Jesus Law Group, LLC, the ability to electronically execute wills and other estate planning documents was key to maintaining its operations during the COVID-19 pandemic.

"Our previous process involved a lot of manual work with paper and physically mailing documents. Because of COVID, our firm went completely virtual, and we had to find a new way to get our signings done. When we looked into eWills, NotaryCam immediately stood out as the only electronic notary platform that could perform eWill transactions in Florida currently," said the firm's co-founder Irene de Jesus. "After our first eWill transaction with NotaryCam, I was already comfortable with the process and immediately saw how this process will save us a lot of time and resources."

According to de Jesus, one of the added benefits is that NotaryCam also provides witnesses to the transaction, thus eliminating the need for her clients to do so This not only streamlines the transaction by reducing the number of parties involved in scheduling, but it also reduces the overall cost to the testator. For de Jesus, NotaryCam's streamlined, cost-conscious approach to RON for estate planning made the difference in putting eWills within her firm's financial reach and has fundamentally changed how her firm plans to handled signings beyond the pandemic.

"We've just started to realize the cost savings over our previous process, but I can tell you that based on what we've seen so far, I'm not changing how we're doing this once COVID is done," she added."

About NotaryCam

After pioneering the world's first multi-party/multi-state remote online notarization (RON) in 2012, visionary entrepreneur Rick Triola founded NotaryCam and completed the first mortgage remote online closing (ROC(tm)) in 2014. Today, NotaryCam is the leader in remote online notarization across all Industries and real estate/mortgage eClosing solutions, having notarized documents worldwide for hundreds of thousands of customers in all 50 states and more than 150 countries. The company's patented eClose360® platform delivers the "perfect" online mortgage closing in every jurisdiction and supports all eClosing scenarios - RON, IPEN or Hybrids - with a flexible workflow for document recording and unparalleled identity verification, security and customer convenience. NotaryCam also proudly maintains an industry-leading 99.8 percent customer satisfaction rating.

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

*LOGO Link for Media: https://www.Send2Press.com/300dpi/18-0607s2p-notarycam-300dpi.jpg

NotaryCam®, the pioneering leader in online notarization and original provider of mortgage eClosing solutions, today announced that it has seen a 10X-increase in the number of remote online notarization (RON) transactions the company has performed for electronic wills (eWills) thus far in 2020.

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

Community State Bank Implements Fully Paperless eClosing Process with DocMagic’s Total eClose™ Platform

TORRANCE, Calif. /ScoopCloud/ -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that Southeast Wisconsin-based Community State Bank has implemented its full suite of eClosing solutions to transform the bank's mortgage closing process, making it 100 percent digital. All seven locations of Community State Bank have now implemented DocMagic's Total eClose™ platform and are closing and funding residential home loans electronically.

Community State Bank selected DocMagic's eClose platform to completely digitize its mortgage closing process --- including remote online notarizations (RON), eNote generation and secure eVault storage capabilities. The bank partnered with DocMagic primarily to implement technology that would help ensure the highest levels of customer safety during the pandemic. Secondarily, Community State Bank sought to improve the borrower experience with an easier, quicker and more efficient lending process.

"During these times of uncertainty, it is extremely important that our team be able to adjust quickly in order to continue serving our customers safely," said Community State Bank President and CEO, Scott Huedepohl. "We're very honored to be able to provide both a high-tech experience, while still offering personalized service to guide our customers along the way."

Community State Bank is leveraging DocMagic's dynamic document generation capability to ensure the consistency and compliance of Loan Estimates (LE) and Closing Disclosures (CD), eSignatures, eNotarizations in all 50 states, and eDelivery to investors/GSEs. Total eClose also generates a MISMO Category 1 SMARTDoc(r) eNote and has direct connectivity with the MERS(r) eRegistry. The entire process includes a detailed audit trail, with secure storage in DocMagic's certified eVault. Collectively, DocMagic's Total eClose platform creates a fully paperless workflow that seamlessly integrates every component of the closing process.

"We're happy to have partnered with DocMagic to provide our mortgage customers with a completely paperless and virtual experience from start to finish," said Community State Bank Vice President of Mortgage Operations, Shakil Haider. "By utilizing DocMagic, our mortgage team can now offer customers the option of signing mortgage documents electronically, from the moment they apply through closing."

"We're excited that Community State Bank elected to implement a fully digital mortgage closing process with DocMagic as its single-source provider," said Dominic Iannitti, President and CEO at DocMagic. "Community State Bank has put their customers' needs at the forefront by implementing our automated, end-to-end lending platform. We provide our clients with an agile and technology-forward mortgage process that ensures they can sustain and scale critical business processes."

After using the new platform, Community State Bank mortgage customer Gary Strand, remarked: "This was our first time closing a mortgage with Community State Bank. Our experience was very simple from start to finish. Having the option to close our loan online shows they are willing to accommodate their customers' needs and busy schedules while also keeping safety in mind during the pandemic."

About DocMagic:

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

About Community State Bank:

Community State Bank, a $500 million locally owned and operated community bank, is headquartered in Union Grove, WI and has proudly served the communities of Southeastern Wisconsin since 1898. For more information please visit CSB online at https://csb.bank/.

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

Social Media:
DocMagic Twitter: @DocMagic
CSB Twitter: @CSBTweets
Hashtags: #TotalClose #PaperlessMortgageClosing #LeadingeCloseSolution #DigitalLending #TechSavvyBank

DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that Southeast Wisconsin-based Community State Bank has implemented its full suite of eClosing solutions to transform the bank's mortgage closing process, making it 100 percent digital.

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

NotaryCam Certifies Compliance with MISMO RON Standards for Real Estate Transactions

NEWPORT BEACH, Calif. /ScoopCloud/ -- NotaryCam(R), the pioneering leader in online notarization and original provider of mortgage eClosing solutions, today announced that it has completed the Mortgage Industry Standard Maintenance Organization (MISMO) Remote Online Notarization (RON) Software Compliance Certification Program. The program was designed to increase adoption of RON-enabled digital mortgage closings and support the integrity and scalability of eMortgages. In addition, the certification provides clarity to mortgage industry participants regarding which providers comply with MISMO's RON standards and reduces the resource burden of executing duplicative assessment, certification and approval processes of RON providers.

"Recognizing the need for industry-wide RON standards, NotaryCam has been a long-time MISMO supporter and collaborator in the development of the RON standards to promote consistency across mortgage industry practices and state regulations," said NotaryCam founder Rick Triola. "As RON transactions become more commonplace in the mortgage industry, NotaryCam is proud to have earned its MISMO RON Software Compliance Certification, which serves as a signal to all industry participants that they can confidently rely on the NotaryCam platform to securely and compliantly execute mortgage closings remotely."

Within its eClose 360 platform and in accordance with MISMO standards, NotaryCam provides continuous, synchronous audio and video feeds that contribute not only to a smooth closing process, but also to the required credential analysis and authentication procedures. eClose 360 automatically securely records significant actions taken as part of the RON transaction as part of the Audit Trail. NotaryCam's security measures employ data protection safeguards as well as provide a tamper-evident method by which a notary can export the Notarial Records for functions such as county recording. Additionally, documents notarized by NotaryCam include a statement meeting the needs of both federal and state regulations affirming the use of RON technology.

For more information on MISMO's RON Standards and the Certification Program, visit the MISMO Digital Mortgage Resource Center.

About NotaryCam

After pioneering the world's first multi-party/multi-state remote online notarization (RON), career real estate executive Rick Triola founded NotaryCam and completed the first mortgage remote online closing (ROC) in 2014. Today, NotaryCam is the leader in online notarization and mortgage eClosing solutions, having notarized documents worldwide for hundreds of thousands of customers in all 50 states and more than 146 countries. The company's patented eClose360(R) platform delivers the "perfect" online mortgage closing in every jurisdiction and supports all eClosing scenarios - RON, IPEN or Hybrids - with a flexible workflow for document recording and unparalleled identity verification, security and customer convenience. NotaryCam also proudly maintains an industry-leading 99.8 percent customer satisfaction rating.

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

NotaryCam, the pioneering leader in online notarization and original provider of mortgage eClosing solutions, today announced that it has completed the Mortgage Industry Standard Maintenance Organization (MISMO) Remote Online Notarization (RON) Software Compliance Certification Program.

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

ReverseVision Supports HECM Lenders’ Transition from LIBOR to CMT Index, Updates Documents to Facilitate Index Migration

SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision, the leading provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, today announced it has updated all documents that reference an index to support both the Constant Maturity Treasury (CMT) and London Interbank Offer Rate (LIBOR) indexes.

The update was made in response to Ginnie Mae's All Participant Memorandum (APM) 20-12, which deems LIBOR-based adjustable rate HECM loans not securitized on or after January 1, 2021, as ineligible for pooling regardless of their origination or FHA case number assignment date. Adjustable rate HECMs that rely on the CMT index will be eligible for pooling without restriction. The LIBOR index is expected to sunset at the end of 2021.

ReverseVision has conducted an extensive quality assurance inspection of all standard documents affected by an index change to ensure lenders' seamless transition from LIBOR to CMT. ReverseVision will update custom documents and private reverse mortgage program documents upon request free of charge. Additionally, ReverseVision has enhanced document language and reference points in anticipation of a future migration to the Secure Overnight Financing Rate (SOFR) index.

"ReverseVision had existing legacy support for CMT-based rate calculations built into the platform because it was the benchmark before LIBOR," said ReverseVision President Joe Langner. "Due to the renewed relevance of the CMT index, we have taken additional steps to ensure that lenders can seamlessly switch between it and LIBOR. Additionally, ReverseVision has already enhanced our products in anticipation of a future migration to SOFR."

About ReverseVision

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

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

Twitter: @reversevision #digitalmortgage #HECM

*LOGO link for media: https://www.Send2Press.com/300dpi/19-1029s2p-reversevision-300dpi.jpg

ReverseVision, the leading provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, today announced it has updated all documents that reference an index to support both the Constant Maturity Treasury (CMT) and London Interbank Offer Rate (LIBOR) indexes.

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

Promontory MortgagePath Expands Team, Hires Regional Vice Presidents of Sales Diane Capers and Greg Bruns

DANBURY, Conn. /ScoopCloud/ -- Promontory MortgagePath LLC, a leading provider of comprehensive digital mortgage and tech-driven fulfillment solutions, announced it has hired Diane Capers and Greg Bruns as regional vice presidents in the company's sales division. Capers and Bruns will advance Promontory MortgagePath's comprehensive sales strategy by cultivating pivotal relationships to strengthen and grow Promontory MortgagePath's position as the industry's leading mortgage fulfillment platform.

"We're experiencing an outpouring of interest in our products as banks seek to adapt to and manage the current low-rate, digitally-driven mortgage market," said Promontory MortgagePath Chief Operating Officer Debora Aydelotte. "Diane and Greg have proven track records in business development operations and will undoubtedly magnify our sales division's impact, leveraging their industry experience to drive our mission forward."

As a previous sales director with more than 20 years of experience, Capers has earned a reputation for exceeding sales goals, managing lengthy client rosters and securing new business opportunities. Having driven significant margin and revenue growth in past roles, Capers also possesses an acute ability to deepen client relationships and capture new business by utilizing skilled negotiation techniques. She has experience working in business development at several mortgage banking firms, including Caliber Home Loans and Lenders One and has expanded her expertise into the digital mortgage technology sector, most recently with Optimal Blue.

Bruns brings more than a decade of experience in commercial banking and mortgage technology, possessing a keen knowledge of the mortgage and financial industries. As an intuitive sales professional, Bruns has managed a full cycle sales territory of more than 200 Fortune 1000 companies, fostering and maintaining client relationships on a large scale and establishing footholds in new markets.

To learn more about open options at Promontory MortgagePath, visit https://www.mortgagepath.com/careers/.

About Promontory MortgagePath LLC | NMLS ID 1532373

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

Promontory MortgagePath LLC, a leading provider of comprehensive digital mortgage and tech-driven fulfillment solutions, announced it has hired Diane Capers and Greg Bruns as regional vice presidents in the company's sales division.

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

SimpleNexus Collaboration with Progressive Insurance Brings Home Insurance to Mobile Mortgage App Used by Nearly 3 Million Borrowers

LEHI, Utah /ScoopCloud/ -- SimpleNexus (https://simplenexus.com/), developer of the leading digital mortgage platform for loan officers, borrowers, real estate agents and settlement agents, today announced the availability of home insurance quotes from Progressive® (NYSE: PGR, https://www.progressive.com/) within the SimpleNexus digital mortgage app.

Home insurance is a requirement for nearly all single-family home purchase and refinance loans. If a borrower fails to provide proof of home insurance in time for the loan closing, the loan cannot be finalized and funded. Such delays are costly to lenders and inconvenient for all parties. SimpleNexus' collaboration with Progressive makes it easy for borrowers to secure a home insurance policy in the same app they use to complete other loan-related tasks. Borrowers can also use Progressive's HomeQuote Explorer(tm) to compare quotes from multiple carriers.

"With SimpleNexus, any mortgage lender can give its customers a cohesive experience from home search to home closing - and now that includes home insurance," said SimpleNexus Founder and CEO Matt Hansen. "We're delighted to collaborate with a household name like Progressive to make it easy for borrowers to close their loans on time and obtain much-needed peace of mind."

"Working with SimpleNexus, we're excited to offer more choices to millions of U.S. borrowers as they become homeowners or are refinancing their existing loans," said Progressive Business Leader of Direct Property Quoting Tammy Loucks. "A home is likely a person's most valuable asset, and this integration makes it easy to obtain a home insurance policy."

About SimpleNexus, LLC:

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

Twitter: @SimpleNexus @Progressive #digitalmortgage #homeinsurance

*LOGO link for media: https://www.send2press.com/300dpi/19-0724s2p-simplenexus-300dpi.jpg

SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers, real estate agents and settlement agents, today announced the availability of home insurance quotes from Progressive® (NYSE: PGR) within the SimpleNexus digital mortgage app.

Related link: https://simplenexus.com/

LBA Ware’s LimeGear Business Intelligence Platform Brings Performance Dashboards and Scorecards to Users of Fiserv’s Mortgage Director LOS

MACON, Ga. /ScoopCloud/ -- LBA Ware(TM), a leading provider of incentive compensation management (ICM) and business intelligence (BI) software solutions for the mortgage industry, has partnered with Fiserv Inc. (NASDAQ: FISV) to provide out-of-the-box business dashboards and reports to users of the Mortgage Director loan origination system (LOS). With the integration of LBA Ware's LimeGear BI platform into Mortgage Director, banks, credit unions and independent mortgage lenders gain immediate access to sophisticated tools for improving efficiency, productivity and profitability.

Formerly known as PCLender, Mortgage Director is the modern LOS at the core of the Fiserv lending ecosystem. It enables lenders to offer a seamless, self-service mortgage experience that exceeds consumer expectations while improving service levels, streamlining operations and reducing loan manufacturing costs.

LimeGear is a turnkey BI platform that enables mortgage lenders to deploy unified data strategies across their organizations for actionable insights into productivity and efficiency. Branch and area managers can use data insights from LimeGear's dashboards to keep loan pipelines moving, zero in on decisions that support profitability and evaluate and inspire team performance.

"Financial institutions rarely have the luxury of assigning a dedicated data team to evaluate mortgage leads, pipelines, productivity and performance in real-time - yet business insights drawn from end-to-end loan lifecycle data are exactly what lenders need to maintain a competitive edge in any market," said LBA Ware Founder and CEO Lori Brewer. "LimeGear's data connection with Mortgage Director gives banks, credit unions and independent mortgage bankers a fast path to powerful dashboards and scorecards that supercharge their efficiency."

Fiserv will showcase LimeGear's integration with Mortgage Director in a virtual event this afternoon, November 10, from 2-3 p.m. ET. For registration details, contact your Mortgage Director account manager.

About LBA Ware:

LBA Ware(TM) 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 @Fiserv #mortgageindustry #mortgagetechnology #mortgagelending #LimeGear #BI #businessintelligence

LBA Ware, a leading provider of incentive compensation management (ICM) and business intelligence (BI) software solutions for the mortgage industry, has partnered with Fiserv Inc. (NASDAQ: FISV) to provide out-of-the-box business dashboards and reports to users of the Mortgage Director loan origination system (LOS).

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

Surefire CRM by Top of Mind Integrates with Floify to Maximize Mortgage Loan Originators’ Sales 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, announced its integration with digital mortgage point-of-sale solution Floify. The integration streamlines data flow between the CRM and POS systems, enabling automatic contact creation and loan milestone syncing. The combined solution empowers loan originators to effortlessly deploy Surefire workflows and award-winning content to prospects and in-process loan applicants for higher application conversion and loan pull-through rates.

"Surefire CRM and Floify work in tandem to deliver more loans that close with rule-based workflows and best-of-breed communications that guide borrowers through the customer journey," said Top of Mind VP of Sales Nick Belenky. "An especially high-volume year is the perfect time to take advantage of platform integrations that do the work for you, delighting customers and saving loan originators precious time."

Uniting to eliminate errors from customer databases, Surefire CRM and Floify ensure that no contact goes overlooked or unrecorded. New leads are automatically added to Surefire CRM from Floify loan flows and online 1003 applications. On the back end, Floify milestones sync with Surefire CRM's deal phases, making it easy to deploy timely content that keeps deals moving.

"In today's fast-paced mortgage industry, lenders want the speed and convenience of Floify's digital mortgage automation solution integrated with a robust CRM like Top of Mind's Surefire CRM," said Floify CEO Dave Sims. "Our partnership with Top of Mind has allowed us to combine these critically important systems to deliver a powerful mortgage lending platform and heightened borrower experience to our industry's tech-savvy loan originators."

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.

About Floify:

Floify is a digital mortgage point-of-sale solution that streamlines the loan process by providing a secure application, communication, and document portal between lenders, borrowers, referral partners, and other mortgage stakeholders. Loan originators use the platform to collect and verify borrower documentation, track loan progress, communicate with borrowers and real estate agents, and close loans faster. The company is based in Boulder, Colorado. For more information, visit the company's website at floify.com or on social media at Facebook, LinkedIn, or Twitter.

@mortgagecrm @Floify #marketingautomation #mortgagemarketing #digitalmortgage

Top of Mind Networks (Top of Mind), a leader in customer relationship management (CRM) and marketing automation software for the mortgage lending industry, announced its integration with digital mortgage point-of-sale solution Floify.

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

SimpleNexus ROI Calculator lets mortgage lenders accurately model the financial and operational benefits of investing in digital mortgage technology

LEHI, Utah /ScoopCloud/ -- SimpleNexus (https://simplenexus.com/), developer of the leading digital mortgage platform for loan officers, borrowers, real estate agents and settlement agents, today announced the availability of the SimpleNexus ROI Calculator. The self-service tool enables mortgage lenders to estimate their overall return on investment (ROI) in SimpleNexus by accurately modeling the digital mortgage platform's impacts on loan production revenue and operational expenses.

The calculator draws on the results of a third-party ROI study conducted by independent consulting and advisory firm MarketWise Advisors (MWA). The compiled results of MWA's analysis were baselined to develop a pro-forma tool for calculating lenders' expected ROI from SimpleNexus over time.

In just 30 seconds, the SimpleNexus ROI Calculator projects SimpleNexus' impacts on lender profitability, including estimated increases in net income, incremental gains in closed loans, origination cost savings and overall ROI. Users can also request a custom, in-depth ROI analysis.

"We are so confident in our ability to deliver superior value that we have launched a self-service tool that quantifies the sales and revenue benefits SimpleNexus can deliver based on the size and productivity of an organization. Just plug in a few numbers and see how SimpleNexus lines up," said SimpleNexus Co-founder Ben Miller.

About SimpleNexus, LLC:

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

Twitter: @SimpleNexus #digitalmortgage #mortgagelending #domore #ROI

SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers, real estate agents and settlement agents, today announced the availability of the SimpleNexus ROI Calculator.

Related link: https://simplenexus.com/

SimpleNexus Selects Mortgage Technology Expert Tracy Farber as Director of Solution Engineering

LEHI, Utah /ScoopCloud/ -- SimpleNexus (https://simplenexus.com/), developer of the leading digital mortgage platform for loan officers, borrowers, real estate agents and settlement agents, has recruited Tracy Farber as its director of solution engineering. In this role, the first of its kind at SimpleNexus, Farber will create and lead a team dedicated to ensuring the company's marketing, product, sales, implementation, training and support teams work collaboratively and in constant service of mortgage lenders.

Farber brings to SimpleNexus significant mortgage technology and product management expertise gained from previous industry roles, notably with cloud-based mortgage technology provider Ellie Mae(r), loan automation solutions provider DelMar DataTrac (acquired by Ellie Mae in 2011) and fintech startup BlockGen Corp. During her 12-year tenure at Ellie Mae, Farber managed implementation of the Encompass(r) suite of loan origination products for the firm's largest customers. She began her industry career with independent mortgage bank DHI Mortgage, giving Farber a first-hand perspective into the technology needs of mortgage lenders.

"We knew we needed someone very special for this role, which sits at the intersection of all our internal teams and external stakeholders. Tracy's fluency in mortgage operations and deep understanding of market trends will help SimpleNexus maintain our laser focus on developing and refining solutions like SimpleNexus eClosing that are genuinely valued by lenders, Realtors and settlement agents," said SimpleNexus SVP of Sales John Aslanian.

"SimpleNexus has earned a reputation as one of the most visionary companies in mortgage technology - and more importantly, as a trustworthy partner that consistently executes on its vision," said Farber. "I am proud to join SimpleNexus and advance the company's legacy of keeping users and their needs at the forefront of its solutions."

Farber is a frequent speaker at industry events and holds a degree in business administration and management from Bowling Green State University.

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

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

SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers, real estate agents and settlement agents, has recruited Tracy Farber as its director of solution engineering.

Related link: https://simplenexus.com/

Community Development Bankers Association Endorses Promontory MortgagePath’s Mortgage Fulfillment Services, POS Technology

DANBURY, Conn. /ScoopCloud/ -- Promontory MortgagePath LLC, a leading provider of comprehensive digital mortgage fulfillment services, announced today that the Community Development Bankers Association (CDBA) has officially endorsed its mortgage fulfillment services and proprietary point-of-sale technology Borrower Wallet(R). CDBA recognized Promontory MortgagePath's solutions for helping community development financial institutions (CDFIs) expand access to homeownership, particularly in the low- and moderate-income markets they serve.

Founded in 2015 by former U.S. Comptroller of the Currency Gene Ludwig, Promontory MortgagePath began with a vision to empower community financial institutions with limited resources to participate profitably in mortgage lending. Through the delivery of best-in-class, technology-enabled fulfillment services and interrelated fintech products, Promontory MortgagePath is able to continually enhance the mortgage process so it is faster, simpler and more inclusive for all borrowers and lenders.

"Creating products and services that include and assist every type of consumer - most importantly, middle- and lower-income Americans - is deeply embedded in our values," Ludwig said. "Earning CDBA's endorsement underscores our commitment to CDFIs, and we are actively pursuing initiatives to empower CDFIs to provide consumers with better access to cost-effective mortgage lending services and credit, making the dream of homeownership a reality for all."

"CDBA advocates for the community development bank sector and the needs of communities often underserved by traditional financial service providers," said Jeannine Jacokes, Chief Executive Officer of CDBA. "We are pleased to partner with Promontory MortgagePath because of its alignment with our mission of promoting financial inclusion and opportunity among people and places often left out of the economic mainstream."

About CDBA

The Community Development Bankers Association is the voice and champion of the community development banking movement. CDBA and its 82 member banks work to make the banking industry a force for good by collectively promoting financial inclusion and creating economic opportunity in the nation's most economically distressed rural and urban communities. We convene community banking peers who strengthen a different kind of banking through collaboration, partnership, and learning. To learn more about CDBA, visit https://www.cdbanks.org/about-us

About Promontory MortgagePath LLC | NMLS ID 1532373

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

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

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

FormFree Receives US Patent for Its Ground-Breaking Approach to Credit Decisioning

ATHENS, Ga. /ScoopCloud/ -- FormFree® has been granted Patent Number 10,769,723 for its proprietary 'Systems and Methods for Electronic Account Certification and Enhanced Credit Reporting' by the United States Patent and Trademark Office. The patent is expected to cover FormFree's technology, which analyzes direct-source financial data to determine a consumer's ability to repay any type of loan, offers a more accurate and comprehensive measurement of ability to pay (ATP) than traditional credit scoring.

The announcement underscores FormFree's focus on creating technologies that enable a more financially inclusive U.S. economy.

"This patent is another important milestone in strengthening our intellectual property position. Nearly 50 million Americans - disproportionately including the poor and minorities - lack a credit score and cannot obtain mortgages or other lending products," said FormFree Founder and CEO Brent Chandler. "FormFree understands that every consumer has a quantifiable ability to pay, not just those with a 720 or higher credit score. We are reimagining credit scoring with a new framework that provides a more complete understanding of what a person can actually afford than merely reviewing their repayment history."

Added Chandler, "Our multi-dimensional analysis of ability to pay allows lenders to instantaneously understand risk and make better credit decisions. It also democratizes lending by putting control of the process in the hands of borrowers, making it easier for consumers to seek out financial institutions that want their business."

The issued patent validates the innovation and novelty in FormFree's technology. FormFree was founded in 2008 by former Wall Street executive Brent Chandler. The company's pioneering work in bringing direct-source data analytics to the U.S. mortgage market has earned it six appearances on the HousingWire Tech100 list of the housing economy's most innovative companies, among other accolades. FormFree's AccountChek® and Passport(tm) solutions are used by thousands of lenders and millions of consumers each year.

About FormFree:

FormFree is a market-leading fintech company whose revolutionary products AccountChek and Passport are building a more inclusive credit decisioning landscape by encouraging lenders to view borrower ability to pay (ATP) more holistically. To date, thousands of U.S. lenders and brokers have ordered millions of FormFree's patented verification reports representing over a trillion dollars in loan verifications. FormFree delights borrowers and lenders with a paperless experience, reduces origination timelines by up to 20 days and offers automated analysis and standardized delivery to lenders and investors using a secure ReIssueKey™.

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

Twitter: @RealFormFree #patentnews #mortgageindustry #fintech

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

FormFree® has been granted Patent Number 10,769,723 for its proprietary 'Systems and Methods for Electronic Account Certification and Enhanced Credit Reporting' by the United States Patent and Trademark Office.

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

MCT’s Business Intelligence Platform Gives Lenders Competitive Advantage with Actionable Insights and Data

SAN DIEGO, Calif. /ScoopCloud/ -- MCT announced the upcoming launch of their Business Intelligence Platform, a powerful web-based analytics platform designed to empower lenders to understand the market, optimize their loan sales, and improve performance relative to their peers. The platform will be officially released and demonstrated during an MCT client webinar on October 15, 2020 at 11 a.m. PT/PDT.

"We developed MCT Business Intelligence to help lenders contextualize their business within the industry and dive deep into the data," stated Bill Petersohn, Managing Director of Business Intelligence. "When our clients have access to actionable secondary market data, they will achieve greater internal competence and pickup in the secondary market. With 1 in 5 of all loans in the United States going through the MCT pipeline, clients obtain the visibility they need to interpret their performance and reach for greater profits. This Business Intelligence Platform is the most comprehensive secondary market analytics tool on the market."

MCT Business Intelligence aggregates mortgage pipeline and loan sale data from MCTlive!, the comprehensive capital markets software platform used by MCT staff and clients, to provide strategic insights to MCT clients in the form of customizable reports and illustrative charts.

In 2015, after receiving constant requests for investor color from clients, MCT created the first client-exclusive report set - the iMarket Monthly Review. Soon after, clients enjoyed the addition of Quarterly Peer Benchmark Reports that showcased sold data of all MCT clients' performance. These two static reports allowed lenders to compare aspects of their secondary market data to their peers and to the MCT average on a monthly and quarterly basis.

Users of the dynamic Business Intelligence Platform are now able to dive deep into, not only sold, but locked and investor data with highly customizable views. The software allows users to measure the impact of their historical production and iterate further adjustments to fine-tune their offerings. With the diverse reporting variables and filters, lenders are able to drill down on FICO scores, locations, programs, volume, and more to empower them in their decision-making.

"During the pandemic-induced market volatility in early 2020, MCT was able to guide clients through periods of intense basis risk and rapid agency/aggregator eligibility changes with a constant stream of data and recommendations," shares Curtis Richins, President of MCT.

"Now we are putting MCT Business Intelligence in the hands of our lenders to help them improve their performance both during and outside periods of market volatility."

Key features of the platform include reports of market trends, pricing comparisons, Best Effort to Mandatory spreads, tools to locate new business opportunities and more! Visit https://mct-trading.com/ or call (619) 543-5111 to learn about the many 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, Santa Rosa, Los Angeles and Dallas. 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

MCT announced the upcoming launch of their Business Intelligence Platform, a powerful web-based analytics platform designed to empower lenders to understand the market, optimize their loan sales, and improve performance relative to their peers. The platform will be officially released and dem

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

Promontory MortgagePath Hires Theresa Sloan as Managing Director, National Mortgage Operations

DANBURY, Conn. /ScoopCloud/ -- Promontory MortgagePath LLC, a leading provider of comprehensive digital mortgage origination and tech-driven fulfillment solutions, announced today it has hired industry veteran Theresa Sloan as Managing Director, National Mortgage Operations. In this role, Sloan will lead Promontory MortgagePath's national strategy for mortgage fulfillment while partnering with internal stakeholder groups such as sales, client strategy and technology to execute on Promontory MortgagePath's growth and fintech strategy.

"Theresa's expertise in mortgage technology, fulfillment, client services and implementation cultivated over decades in the industry makes her the perfect choice to lead our Danbury and Denver fulfillment management teams," said Promontory MortgagePath Chief Operating Officer Debora Aydelotte. "Under her leadership, we expect the fulfillment teams to continue their growth in both size and importance as community lenders increasingly rely on Promontory MortgagePath to provide the mission-critical support enabling them to cost-effectively expand their mortgage operations."

Sloan will also oversee the performance and effectiveness of Promontory MortgagePath's national mortgage operations, strengthening our culture of excellence in site performance, ensuring robust processes, redundant capacity and the highest quality for Promontory MortgagePath clients and their secondary market investors. Additionally, Sloan's expertise offers a broad view of the client lifecycle, which she and her team can leverage to further improve Promontory MortgagePath's overall client experience.

Sloan comes to Promontory MortgagePath from Volly, where she served as a client services executive. Possessing more than 20 years of industry experience, she has also held several management- and executive-level positions with Ellie Mae, Black Knight, Mortgage Cadence, Aurora Loan Services and Wells Fargo.

"My interest in Promontory MortgagePath was piqued by my desire to strengthen the fabric of commercial banks. My roots are in small-town banking, and I've seen first-hand the struggles community banks go through, particularly with mortgages," Sloan said. "In my role at Promontory MortgagePath, I see a real opportunity to bring value to local lenders and the communities they support by helping them become and remain competitive. I look forward to applying my expertise in technology and client service to implement the tech-driven processes that will help our fulfillment teams increase efficiency while positioning us to flex and grow with our current and future clients."

To learn more about open positions at Promontory MortgagePath, visit https://www.mortgagepath.com/careers/. Contact careers@mortgagepath.com to submit a resume or other inquiries.

About Promontory MortgagePath LLC | NMLS ID 1532373

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

Promontory MortgagePath LLC, a leading provider of comprehensive digital mortgage origination and tech-driven fulfillment solutions, announced today it has hired industry veteran Theresa Sloan as Managing Director, National Mortgage Operations.

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

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Tag Archives: FinTech

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Community State Bank Implements Fully Paperless eClosing Process with DocMagic’s Total eClose™ Platform

NotaryCam Certifies Compliance with MISMO RON Standards for Real Estate Transactions

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Promontory MortgagePath Expands Team, Hires Regional Vice Presidents of Sales Diane Capers and Greg Bruns

SimpleNexus Collaboration with Progressive Insurance Brings Home Insurance to Mobile Mortgage App Used by Nearly 3 Million Borrowers

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Surefire CRM by Top of Mind Integrates with Floify to Maximize Mortgage Loan Originators’ Sales Process

SimpleNexus ROI Calculator lets mortgage lenders accurately model the financial and operational benefits of investing in digital mortgage technology

SimpleNexus Selects Mortgage Technology Expert Tracy Farber as Director of Solution Engineering

Community Development Bankers Association Endorses Promontory MortgagePath’s Mortgage Fulfillment Services, POS Technology

FormFree Receives US Patent for Its Ground-Breaking Approach to Credit Decisioning

MCT’s Business Intelligence Platform Gives Lenders Competitive Advantage with Actionable Insights and Data

Promontory MortgagePath Hires Theresa Sloan as Managing Director, National Mortgage Operations