Tag: FinTech
Mid America Mortgage Selects ReverseVision as Technology Partner to Debut HECM and Reverse Products
SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced that Mid America Mortgage, Inc. (Mid America) has selected its flagship reverse loan origination system (LOS), ReverseVision Exchange (RVX) to support the introduction of HECM and private reverse mortgage products.
ARMCO Expands Client Base by Adding KWIK Mortgage, The KLR Group and Several Top 25 Mortgage Lenders
POMPANO BEACH, Fla. /ScoopCloud/ -- ACES Risk Management (ARMCO), the leading provider of enterprise financial risk mitigation solutions, has announced that it has achieved significant growth during the first two quarters of 2019, the result of acquiring new clients, including KWIK Mortgage, The KLR Group and several top 25 mortgage lenders.
Aclaro Announces New Board Member and the Release of Aclaro EcoSystem 3.0
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CHICAGO, Ill. /ScoopCloud/ -- Aclaro Inc., the game-changing Artificial Intelligence software company that provides disruptive technologies to the automotive, financial, and government sectors, announces a new Board Member and the release of Aclaro EcoSystem 3.0 (ES 3.0). With these announcements, Aclaro continues rapid advancement toward its overarching mission of helping lenders, dealers and consumers develop and nurture longer mutually beneficial relationships.
Simplifile Adds 31 Western U.S. Jurisdictions to E-recording Network
PROVO, Utah /ScoopCloud/ -- Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents and counties, today announced that 31 additional recording jurisdictions located in 13 states throughout the Midwest, Southwest and Western U.S. have joined Simplifile's e-recording network.
SafeChain Partners with RamQuest to Provide Fraud-Free Closings
COLUMBUS, Ohio /ScoopCloud/ -- SafeChain, the industry leader in wire fraud prevention technology and blockchain applications for land title, announced today its SafeWire application has been fully integrated into RamQuest's Closing Market application - making SafeWire available as a seamless experience to title offices nationwide.
Anow Debuts Inaugural User Conference September 30 in Conjunction with Valuation Expo
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RED DEER, Alberta /ScoopCloud/ -- Anow, developer of appraisal firm management software that simplifies the way real estate appraisers manage their businesses, will hold its inaugural user conference September 30 on day one of Valuation Expo, the nation's largest appraiser conference. Held at the historic Flamingo Las Vegas Hotel & Casino, Anow's inaugural user conference will offer attendees three hours of programming, demonstrations of ground-breaking appraisal office management technology, expert thought leadership and peer networking opportunities.
New Tools from SimpleNexus Help Mortgage Lenders Build Stronger Relationships with Borrowers’ Real Estate Agents
LEHI, Utah /ScoopCloud/ -- SimpleNexus, developer of the leading digital mortgage platform for loan originators and borrowers, today announced the availability of a suite of tools designed to help originators build stronger relationships with their borrowers' real estate agents and convert more prospects into mutual customers.
Westerly Becomes First Municipality in Rhode Island to Adopt E-recording
PROVO, Utah /ScoopCloud/ -- Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, today announced that the Town of Westerly has joined Simplifile's e-recording network following the July 1 passage of a law authorizing e-recording statewide in Rhode Island.
DocMagic and INTEGRA Software Systems Form Strategic Alliance
TORRANCE, Calif. /ScoopCloud/ -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that INTEGRA Software Systems (INTEGRA) will offer the company's document preparation solution to their client base via an integration with INTEGRA's new LOS, EPIC.
The Mortgage Collaborative Adds Get Credit Healthy to Preferred Partner Network
SUNRISE, Fla. /ScoopCloud/ -- Fintech company, Get Credit Healthy (a subsidiary of Beta Music Group Inc. OTC PINK: BEMG) has been added to the Preferred Partner network of The Mortgage Collaborative ("TMC"). Get Credit Healthy will offer TMC members access to resources designed to reduce loan fallout and leverage data.
Take Three Technologies Selects Ruth Lee, CMB, as Executive Vice President
DENVER, Colo. /ScoopCloud/ -- Take Three Technologies (Take3(TM)), a Denver-based FinTech startup focused on empowering mortgage lenders and loan originators with best-in-class technology solutions today announced its hiring of Ruth Lee as the organization's Executive Vice President.
FormFree Throws Its Support Behind California MBA’s Inaugural Mortgage Innovators Conference
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ATLANTA, Ga. /ScoopCloud/ -- FormFree(R) today announced its support as a premier sponsor of the California Mortgage Bankers Association's inaugural Mortgage Innovators Conference, being held August 11-13, 2019 at the Sheraton San Diego Hotel & Marina. FormFree will demo its Passport(R) all-in-one verification service, and attendees will have two opportunities to hear from the company's visionary Founder and CEO, Brent Chandler.
LBA Ware’s CompenSafe Finishes 2Q19 with $3.6B in Lifetime Compensation Calculations
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MACON, Ga. /ScoopCloud/ -- LBA Ware(TM), provider of the leading automated incentive compensation and sales performance management platform for mortgage lenders, closed the second quarter of 2019 having completed $3,622,659,995 in lifetime calculations of origination commissions, management overrides and operational bonuses through its CompenSafe(TM) sales incentive platform.
IDS Signs on as Gold Sponsor for 2019 ACUMA Annual Conference
SALT LAKE CITY, Utah /ScoopCloud/ -- Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it has agreed to serve as a Gold Sponsor for the American Credit Union Mortgage Association (ACUMA) 2019 Annual Conference, to be held September 22-25, 2019 at the Gaylord National Resort and Convention Center in National Harbor, Maryland.
More than Half of Mortgage Loan Applicants Now Opting to Apply Using Their Mobile Device
LEHI, Utah /ScoopCloud/ -- SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today released data indicating that, given the choice, a majority of borrowers now prefer a mobile-driven mortgage loan application process. Mobile applications accounted for more than 50% of the 37,157 mortgage applications submitted through the SimpleNexus platform in the month of May.
NotaryCam Applauds Texas for Eliminating Roadblock to Recording Remotely Notarized Real Estate Transactions
NEWPORT BEACH, Calif. /ScoopCloud/ -- NotaryCam(R) Founder and CEO Rick Triola today praised the Texas legislature for passing SB 2128, which will go into effect on September 1. The bill provides recording jurisdictions with additional clarity when conducting paper recordings of electronically executed documents.
OpenClose Bolsters Commitment to Software Innovation and Enhancement of Digital Mortgage Technology, Adds Experienced Technologist as VP of Innovation
WEST PALM BEACH, Fla. /ScoopCloud/ -- OpenClose, an industry-leading multi-channel loan origination system (LOS) and digital mortgage fintech provider, announced that Allen Pollack, a seasoned industry veteran that has been instrumental in the digital shift and transformation of the industry, has joined the company in the newly created position of vice president of product innovation.
Appraisal Institute (AI) forms affinity partnership with Anow to equip members with top-shelf appraisal office management technology
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RED DEER, Alberta /ScoopCloud/ -- Anow, developer of appraisal firm management software that simplifies the way real estate appraisers manage their businesses, has formed an affinity partnership with the Appraisal Institute (AI), the largest real estate appraisal organization in the United States. The partnership makes Anow's core appraisal office management platform available to AI members ("AI Professionals") and affiliates at a reduced rate.
New API Enables Real-Time Data Transfers Between SimpleNexus, Mortgage Lenders and Third-Party Systems
LEHI, Utah /ScoopCloud/ -- SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced the availability of an application program interface (API) and webhooks that enable mortgage lenders to establish real-time data syncing between SimpleNexus and non-integrated third-party systems.
CMG Financial Accelerates Loan Originator Compensation and Delivers Loan-Level Insights to Management with LBA Ware’s CompenSafe
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MACON, Ga. /ScoopCloud/ -- LBA Ware(TM), provider of the leading automated incentive compensation and sales performance management platform for mortgage lenders, has partnered with CMG Financial to streamline incentive compensation for the lender's more than 500 loan originators (LOs) and other commission- and bonus-based employees.
ReverseVision Taps Sunny Mahdii as Vice President of Operations
SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced it has appointed Sunny Mahdii to the position of vice president of operations. In this role, Mahdii will work with ReverseVision's professional services, training, implementation, document management and customer success teams to execute a holistic operations strategy.
New Capital Partners Invests in ARMCO
BIRMINGHAM, Ala. /ScoopCloud/ -- New Capital Partners (NCP), a private equity firm in Birmingham, Ala., today announces that it has partnered with Pompano Beach, Fla.-based ACES Risk Management Corp. (ARMCO), the leader in web-based quality assurance software for the financial services industry.
Anow Enterprise lets lenders and appraisal firms tap into the industry’s first peer-to-peer appraiser network
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RED DEER, Alberta /ScoopCloud/ -- Anow, developer of appraisal firm management software that simplifies the way real estate appraisers manage their businesses, today announced the release of Anow Enterprise, a cloud software suite that connects individual appraisal companies to form service networks that can efficiently provide localized service at scale.
Level One Bank Enlists CompenSafe to Automate Incentive Compensation After Doubling Its Mortgage Division
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MACON, Ga. /ScoopCloud/ -- LBA Ware(TM), provider of the leading automated incentive compensation and sales performance management platform for mortgage lenders, announced today that Level One Bank (NASDAQ: LEVL) has chosen CompenSafe(TM) to automate incentive compensation for mortgage loan originators and support staff across the community bank's mortgage loan center and branch locations
NRL Mortgage Now Offering FormFree’s AccountChek Automated Asset Verification to Borrowers Nationwide
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ATLANTA, Ga. /ScoopCloud/ -- FormFree today announced that loan originators and support staff at NRL Mortgage are now offering AccountChek automated asset verification to loan applicants nationwide. AccountChek gives borrowers a convenient and secure way to verify their assets without having to print, scan or fax bank statements.
OpenClose and Vice Capital Markets Integrate for Enhanced Hedging Automation
WEST PALM BEACH, Fla. /ScoopCloud/ -- OpenClose(R), an industry-leading multi-channel loan origination system (LOS) and digital mortgage fintech provider, announced the completion of an integration with Vice Capital Markets Inc., an established mortgage hedge advisory firm. Focused on maximizing hedging efficiencies, the new interface reduces the time to prepare and deliver loan data and eliminates the manual intervention that occurs today, automating an ongoing seamless delivery of data.
FormFree Partners with FundingShield to Deliver Enhanced Wire Fraud Protection to FormFree’s Network of More than 1,000 Mortgage Lenders
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ATLANTA, Ga. /ScoopCloud/ -- FormFree(R) today announced that it has entered into a strategic alliance with FundingShield, a fintech firm that safeguards homebuyers, mortgage lenders and title insurance underwriters from wire fraud.
Total Expert and ReverseVision Team Up to Transform the Reverse Mortgage Customer Journey
SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision, the leading provider of technology and training for the reverse mortgage industry, today announced a partnership with Total Expert, creator of the first marketing operation system (MOS) specifically for banks and mortgage lenders. The two companies have deployed an API integration that links the Total Expert MOS with ReverseVision's RV Exchange (RVX).
Mace Innovations Hires Chris Giles as Director of Business Development
SALT LAKE CITY, Utah /ScoopCloud/ -- Mace Innovations announced today that it has brought in Chris Giles as Director of Business Development. Mace Innovations' suite of automation products allows companies to streamline time consuming tasks like data input and document delivery, freeing up employees to get more done.
CPROP Partners with The Mortgage Collaborative as Its Exclusive Blockchain Vendor
COVINGTON, Ky. /ScoopCloud/ -- CryptoProperties LLC (CPROP) is pleased to announce it has signed an agreement with The Mortgage Collaborative (TMC) to join its Preferred Partner Network as TMC's exclusive provider of blockchain-enabled products and services.
SimpleNexus Bolsters Senior Leadership Team to Support Expanding Roster of Mortgage Lender Clients
LEHI, Utah /ScoopCloud/ -- SimpleNexus (simplenexus.com), developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced that it has bolstered its senior leadership team with the appointments of three vice presidents to support the company's rapidly expanding roster of mortgage lender clients.
Mann Mortgage Revamps Loan Originator (LO) Compensation Structure, Gains Cost-Efficiency and Flexibility with LBA Ware’s CompenSafe
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MACON, Ga. /ScoopCloud/ -- LBA Ware(TM), provider of the leading automated incentive compensation and sales performance management platform for mortgage lenders, announced today that Mann Mortgage has successfully overhauled its incentive compensation plan structure and management with CompenSafe(TM).
NotaryCam Anticipates 2019 Banner Year, Citing Growing Adoption of Remote Online Notary, Remote Online Closing
NEWPORT BEACH, Calif. /ScoopCloud/ -- NotaryCam(R), creator of remote online notarization (RON), acknowledged leader in online notarization and original provider of patented mortgage eClosing solutions, today announced it is extending its 2018 record growth to another unprecedented performance in 2019. Following a nearly 140 percent 2018 increase in new users, NotaryCam surpassed 200,000 users in the first half of 2019, and is on pace to add 10,000 users monthly.
DocMagic and LendingPad Integrate for Easy, Compliant Document Preparation and eSigning
TORRANCE, Calif. /ScoopCloud/ -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that it has completed an integration with cloud-based loan origination system (LOS) provider LendingPad from WEI Technology LLC, offering its document preparation services directly from within the LendingPad environment.
Homebot Aims to Improve Prequal-to-App Pull Through with Buyer Enhancements to Its Customer Engagement Platform
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DENVER, Colo. /ScoopCloud/ -- Homebot, a customer engagement platform that delivers financial scenarios to help homeowners build wealth, today announced major enhancements to the homebuying side of its platform. The latest release inserts lenders into the market search process by integrating prompts for buyers to obtain a prequal or preapproval, lock a rate, and inquire about down payment with a single click.