Tag Archives: FinTech

SimpleNexus Extends Ellie Mae Integration with Hybrid eClosings for Mortgage Lenders and 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 its recently launched hybrid eClosing feature on the Ellie Mae(R) Digital Lending Platform.

Ellie Mae, now a part of Intercontinental Exchange, Inc. (NYSE: ICE), is the leading cloud-based loan origination platform provider for the mortgage industry. The Ellie Mae Digital Lending Platform empowers lenders and investors to engage homebuyers and efficiently originate, close, sell and purchase loans that maximize ROI across their business all from a single system of record. The platform delivers a true digital mortgage experience across the entire mortgage workflow for every channel, every loan transaction and every customer type.

"A lender's need for simple, effective eClosing solutions has never been greater," said SimpleNexus CEO Matt Hansen. "SimpleNexus eClosing delights borrowers and turbocharges closing team efficiency, resulting in loans that can be sent off to investors sooner and with fewer errors. By shrinking the gap between loan funding and shipping, lenders can save money by reducing their dwell time on warehouse lines of credit. Additionally, borrowers now have one single portal from home search to home closing."

"We are thrilled to have SimpleNexus join our existing eClosing partners to extend the availability of hybrid eClosing solutions within the Ellie Mae Digital Lending Platform," said Ellie Mae Vice President of Business Development Bob Hart. "This partnership is a key step in expanding our ability to provide our lender customers with easy access to digitally closing loans quickly and safely."

SimpleNexus eClosing enables lenders to conduct hybrid closings for purchase and refinance loans, resulting in higher quality loans and faster delivery of those loans to investors. In a hybrid eClosing, borrowers electronically sign (eSign) home loan documents that do not require notarization before meeting with a settlement agent or notary to finalize the closing. Closing appointments are reduced to only a few minutes, since relatively few documents require in-person signatures.

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 @EllieMaeInc #digitalmortgage #mortgagelending #domore #eClosing

*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 its recently launched hybrid eClosing feature on the Ellie Mae Digital Lending Platform.

Related link: https://simplenexus.com/

VIP Mortgage Implements Surefire Power Messaging by Top of Mind, Generates Hundreds of Extra Deals in Q2 2020

ATLANTA, Ga. /ScoopCloud/ -- Arizona-based independent mortgage lender VIP Mortgage reported that it has generated hundreds of extra deals in Q2 of 2020 with the help of Surefire Power Messaging from Top of Mind Networks (Top of Mind), a leader in customer relationship management (CRM) and marketing automation software for the mortgage lending industry.

Surefire CRM is the most popular CRM and marketing automation platform in the mortgage industry. The award-winning technology delivers personalized, actionable intelligence throughout the entire homeownership lifecycle to every client and prospect. Launched April 1, 2020, Power Messaging is a Surefire CRM feature that makes it easy for lenders to engage prospects and customers with personal and timely text message communications, giving lenders control over when, to whom and under which circumstances messages are sent. Lenders have the ability to automate text communication using conditional rules and advanced workflows.

An early adopter of Power Messaging, VIP Mortgage began using the feature in April 2020 to target refinance prospects. During Q2, loan officers (LOs) at VIP Mortgage closed an average of 56% more loans per month compared to LOs at similarly-sized peers who hadn't yet adopted Power Messaging. In all, VIP Mortgage's Power Messaging campaigns generated a total of 332 deals over the course of Q2, of which 38.6% converted to closed loans with an average loan amount of $303,000.

"Our LOs that have incorporated Power Messaging into their multimedia refi campaigns have experienced such great success that now any time an LO does a refi campaign, I recommend the use of Power Messaging as a best practice," said VIP Mortgage Director of Marketing Cheri Booth. "With Surefire CRM features like Power Messaging, we've been able to create a marketing service that our LOs absolutely love."

"Power Messaging enables lenders to deliver high-touch text communication at scale," said Top of Mind CEO Bill Hayes. "This feature is especially relevant in today's market because it can be built into automated workflows, which multiplies originator productivity."

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 @VIPMortgageInc #SurefireCRM

*LOGO link for media: https://www.Send2Press.com/300dpi/19-1230s2p-topofmind-logo-300dpi.jpg

Arizona-based independent mortgage lender VIP Mortgage reported that it has generated hundreds of extra deals in Q2 of 2020 with the help of Surefire Power Messaging from Top of Mind Networks (Top of Mind), a leader in customer relationship management (CRM) and marketing automation software for the mortgage lending industry.

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

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

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

The upgrade also fully embeds AccountChek within the Consumer Connect user experience (UX) for easier borrower navigation and reduced application fall-out.

Ellie Mae, now a part of Intercontinental Exchange, Inc. (NYSE: ICE), is the leading cloud-based platform provider for the mortgage finance industry. The company's Consumer Connect is a mortgage point-of-sale platform that provides a scalable, intuitive experience for homebuyers while helping lenders close loans faster and convert more applications to closed loans.

FormFree's patented AccountChek and AccountChek Plus(tm) provide lenders actionable intelligence on borrowers' ability to repay loans by consolidating, analyzing and verifying asset account balances and details, employment data and income data obtained directly from financial institutions and other authoritative sources.

"FormFree expedites pre-approvals and increases loan pull-through by paperlessly verifying borrower asset, employment and income information in a single report at the point of sale," said FormFree Chief Technology Officer Brian Francis. "The latest enhancements to our Consumer Connect integration will make it easier and faster than ever for lenders to make informed credit decisions."

"As an Ellie Mae Consumer Connect user, we are excited about the recent enhancement to the AccountChek process. The enhanced integration means an easier application process, which supports our objective to continuously improve the member experience," said Dawana Manning, AVP of Loan Fulfillment, Residential Lending for Atlanta-based Delta Community Credit Union. "The increased efficiency gained by the automated addition of VOA [verification of asset] data to the loan application is a huge benefit to our lending team."

About FormFree:

FormFree is a market-leading fintech company whose revolutionary products AccountChek and Passport are changing the credit decisioning landscape and encouraging lenders nationwide to incorporate a more holistic view of each borrower's financial DNA. 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(tm).

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

Twitter: @RealFormFree @EllieMaeInc @DeltaCommunity #ConsumerConnect #mortgageindustry #VOA

Ticker: NYSE:ICE / NY: ICE

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

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

MCT’s Leslie Winick wins HousingWire Vanguard Award 2020

SAN DIEGO, Calif. /ScoopCloud/ -- Mortgage Capital Trading, Inc. (MCT), an industry-leading mortgage hedge advisory firm and developer of MCTlive!(R), announced that its Chief Strategy Officer, Leslie Winick, has been designated to HousingWire's Vanguard Award list for 2020. Now in its sixth year, the program recognizes executives who have demonstrated outstanding leadership, made a positive impact at their companies as well as the entire mortgage industry.

Ms. Winick is a seasoned leader who has been instrumental in helping MCT hone an unmatched value proposition for lenders that combines innovative technology with superior client engagement and experience. She's also played a large role in ensuring all members of MCT's ecosystem are aligned around common strategies and tactics. Drawing on her rich background in management consulting and financial services, Ms. Winick has successfully applied her strategic planning, operational excellence, and change management skills internally and with MCT partners and clients.

Vanguard Award winners were chosen by the HousingWire editorial board based on tangible leadership within their companies and the industry at large. HousingWire provided details on this year's list, which included 50 total award recipients. All winners are executives, most being of the C-level suite with various sectors of the housing economy represented such as residential mortgage lending, servicing, investing, and real estate. Recipients are chosen by HousingWire's editorial board based on their accomplishments in the last 12 months in both their companies and the industry sector they represent.

"The achievements of this year's Vanguards are hard to overstate. They are leading some of the most iconic and successful mortgage and real estate companies in the world and adapting and innovating even during a global pandemic. The Vanguards represent the industry's best and brightest, and we are excited to celebrate their remarkable accomplishments," said HousingWire Editor in Chief Sarah Wheeler. Ms.

Wheeler also added, "HousingWire's 2020 Vanguards have led their respective companies to spectacular success, as evidenced by expanding products, services, and profits. These 50 winners were carefully selected by HousingWire's selection committee, chosen for their vital contributions to their companies and the dynamic way they are changing the industry." HousingWire states that it sets an extremely high bar for the very competitive contest of HousingWire Vanguard Award winners.

Ms. Winick joins MCT's COO, Phil Rasori (2015), and President, Curtis Richins (2016), as Vanguard Award winners.

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's offerings include mortgage pipeline hedging, best execution loan sales, outsourced lock desk solutions, MSR portfolio valuations, business intelligence analytics, mark to market services, and the only successful digital marketplace driving the next generation of whole loan sales.

MCT supports independent mortgage bankers, depositories, credit unions, warehouse lenders, and correspondent investors of all sizes within its award-winning, comprehensive, cloud-based platform, MCTlive!(R). Headquartered in San Diego, MCT also has offices in Dallas, Healdsburg, CA, and Philadelphia.

Learn more at: https://mct-trading.com/

About HousingWire:

HousingWire is the leading 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. Visit www.housingwire.com or www.solutions.housingwire.com to learn more.

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

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

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

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

As CTO of FormFree, Francis oversees the design and development of the firm's groundbreaking automated asset, employment and income verification products. He recently spearheaded the development of AccountCheck Plus, which builds on FormFree's original AccountChek(R) automated asset verification system by bundling borrower asset, employment and income verifications into one easy report. The system gives lenders the detailed analysis they need to assess a borrower's ability to pay within minutes.

"Brian has continued to refine and expand FormFree's offerings over the last decade, always with an eye on improving the experience for our lender clients and their borrowers," said FormFree Founder and CEO Brent Chandler. "His focus on creating technologies that bring noticeable, measurable efficiencies to the mortgage space has helped our clients reduce time to close by up to 20 days."

Since joining the company 10 years ago, Francis has led FormFree to achieve a number of industry "firsts," including being Fannie Mae's first designated asset verification vendor; the first provider to introduce a single report combining income, asset and employment verification data; and the first to use artificial intelligence to generate digital Verification of Asset and Deposit reports in less than five minutes.

In the last year alone, he has helped FormFree introduce paystub collection and verification to AccountChek Plus; file a patent for proprietary employer data extraction and verification technology; and develop technology so lenders can intelligently pre-fill parts of the Universal Residential Loan Application. Due to Francis' leadership in increasing technology integrations and reseller partnerships, FormFree services are now available for more than 90% of mortgage transactions nationwide.

"One of the highest achievements in the housing industry, the Vanguard award honors the top executives - and they certainly earned it," said HousingWire Magazine Editor Kelsey Ramírez. "In the program's most competitive year yet, 50 winners rose to the top, boasting their outstanding achievements in innovation and leadership. With these leaders at the helm, the future of housing is bright."

The full list of 2020 HW Vanguard Award honorees can be viewed in the October/November edition of HW Magazine.

About FormFree(R)

FormFree(R) is a market-leading fintech company whose revolutionary products AccountChek(R) and Passport(tm) are changing the credit decisioning landscape and encouraging lenders nationwide to incorporate a more holistic view of each borrower's financial DNA. 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(tm). A HousingWire TECH100(tm) company for four consecutive years, FormFree is based in Athens, Georgia.

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

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 40,000 newsletter subscribers daily and over 4 million unique visitors each year. Our audience of mortgage, real estate, financial services and fintech professionals rely on us to Move Markets Forward. Visit https://www.housingwire.com/ or https://www.solutions.housingwire.com to learn more.

Twitter: @RealFormFree #digitalmortgage @HousingWire #HWVanguards

*PHOTO link for media: https://www.Send2Press.com/300dpi/20-1002s2p-Brian-Francis-300dpi.jpg
*Caption: FormFree CTO Brian Francis.

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

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

SimpleNexus Team Members enables mortgage lenders to fine-tune digital mortgage workflows, file permissions at the user level

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 release of SimpleNexus Team Members, a feature that allows lenders to work more efficiently by managing loan file permissions and employee workflows based on assigned user roles.

With the release of Team Members, lenders can assign SimpleNexus users to roles such as loan originator (LO), LO assistant, processor, disclosure desk personnel, closer, post-closer or settlement agent. Lenders may also limit user access to a specific list of loan files or to loans associated with specific collaborators (LOs). Once Team Member settings have been configured, user workflows, notifications and document access are automatically customized based on Team Member assignments.

Team Members features available now include:

* Notifications:
Team Members receive and manage notifications based on collaborator (LO) and loan file assignments.

* Package Tracker:
Team Members can efficiently track disclosure packages and other files within SimpleNexus rather than toggling between SimpleNexus and their loan origination system (LOS).

* Pending Loan Updates:
Users of the Ellie Mae(R) Encompass(R) LOS can see pending actions on their 100 most recent loan assignments, enabling them to quickly identify loans that require action.

* Borrower Task Management:
Team members can track and manage borrower tasks on a loan file to help ensure requirements are met with the fastest turnaround possible.

Future updates to Team Members will integrate the feature with ConnectUs Chat, a messaging feature released in July 2020 that enables real-time loan file collaboration between LOs, borrowers and real estate agents within the SimpleNexus platform.

"Our new Team Members feature improves lender productivity by focusing employees on just the essential tasks that keep loans moving swiftly down the pipeline," said SimpleNexus Senior Product Manager Tyler Prows. "Automated loan progress notifications, milestone tracking and other process-enhancing features will be extended across loan teams through Team Members, helping lenders serve borrowers better from anywhere."

Team Members marks the most recent in a series of SimpleNexus product releases that enhance lenders' ability to collaborate with stakeholders in the loan production process from anywhere. Notably, SimpleNexus Disclosures, introduced last year, allows borrowers to eSign disclosures and lenders to distribute individual closing packages to settlement partners for online retrieval. The August 2020 release of SimpleNexus eClosing enables mortgage closing teams to conduct hybrid closings that minimize the need for physical closing appointments.

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

SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers, real estate agents and settlement agents, today announced the release of SimpleNexus Team Members, a feature that allows lenders to work more efficiently by managing loan file permissions and employee workflows based on assigned user roles.

Related link: https://simplenexus.com/

LBA Ware Signs RWM Home Loans as 100th Mortgage Lender Client Amid Continued Growth

MACON, Ga. /ScoopCloud/ -- LBA Ware(TM), a leading provider of incentive compensation management (ICM) and business intelligence (BI) software solutions for the mortgage industry, today welcomed its 100th CompenSafe(TM) client, RWM Home Loans. The San Diego-based independent mortgage bank is rolling out the mortgage-industry-specific platform to manage incentive compensation for its 100 loan originators (LO) and other recipients of variable compensation.

The announcement comes during a period of strong growth for LBA Ware. In the first half of 2020 alone, CompenSafe calculated commissions for over $100 billion in funded loan volume. Since its inception, CompenSafe has calculated over $8 billion in loan compensation.

"Entrepreneurship is a deeply embedded value at RWM Home Loans. We offer not only LOs but also operations and fulfillment staff the opportunity to earn performance-based incentives," said RWM Home Loans Director of Corporate Development Taylor Sims. "The whole team is excited about being able to view bonuses, commissions and draw balances the same day a loan is funded rather than waiting for twice-monthly reporting."

Built for the mortgage industry, CompenSafe is an automated ICM platform that bridges the gap between lenders' loan origination and payroll systems to eliminate manual data entry and provide actionable insight into staff performance and profitability. Before CompenSafe, Sims' team at RWM Home Loans was exporting production data from the firm's loan origination system and then manually keying commission calculations into its accounting software. The process was so time-consuming that it was impossible to communicate compensation information more than a couple days ahead of each payday. Calculating and communicating quarterly non-discretionary bonuses was even more arduous.

"After especially strong growth over the last five years - including a substantial increase in loan volume in 2020 - it became clear that we needed an incentive compensation solution better aligned with our organizational focus on automating non-client-facing activities," Sims said. "I know CompenSafe will save my team a tremendous amount of time. Motivating RWM Home Loans employees with immediate visibility into their earnings is the cherry on top."

"We are delighted to welcome RWM Home Loans to the CompenSafe family," said LBA Ware Founder and CEO Lori Brewer. "Our century client is a significant milestone and a testament to the lasting relevance of LBA Ware as a provider of innovative software solutions that deliver necessary and meaningful results to mortgage lenders."

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, 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 RWM Home Loans:

Headquartered in San Diego, RWM Home Loans is a direct lender serving local customers throughout the West Coast and Southwestern United States. Founded in 1994 by career mortgage professionals Brad and Susanne Livingston, RWM Home Loans has closed over 10,000 mortgage transactions with a focus on consistently offering the lowest possible rates and fees and treating our clients with honesty and integrity. For more information, visit https://www.rwmloans.com.

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

LBA Ware, a leading provider of incentive compensation management (ICM) and business intelligence (BI) software solutions for the mortgage industry, today welcomed its 100th CompenSafe client, RWM Home Loans. The San Diego-based independent mortgage bank is rolling out the mortgage-industry-specific platform to manage incentive compensation for its 100 loan originators (LO) and other recipients of variable compensation.

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

ACES Sees Surge in New Clients Through Q3 2020

DENVER, Colo. /ScoopCloud/ -- ACES Quality Management (ACES), formerly known as ARMCO and the leading provider of enterprise quality management and control software for the financial services industry, announced today that it has experienced substantial client growth in 2020, increasing its number of new clients by 15%. Since January, ACES has signed several top 25 lenders, including Thrive Mortgage, Plains Commerce Bank, Strong Home Mortgage, LenderWorks and Fulton Bank, as well as one of the nation's top fintech lenders.

"ACES' recent growth illustrates the ever-present need in the marketplace for quality control automation, one which was underscored by the COVID-19 pandemic, the resulting changes in remote workforces and the potential for loan quality issues stemming from the pandemic, such as early payment defaults," said ACES Quality Management CEO Trevor Gauthier. "As lenders moved to a remote work environment, the ability to securely and easily access technology to power their remote workforce became mission-critical, and thanks to the inherent design of our technology, ACES was prepared to meet that demand and enable lenders to transition their operations accordingly."

"We choose ACES because it is the most flexible audit system in the market," said Amelia Moore, quality control manager at Strong Home Mortgage. "We wanted a true partner to help us automate our post-closing audit workflow, and we have found that with the ACES Quality Management team. ACES has a great reputation for client service and has truly exceeded our expectations."

"Our partnership with ACES has allowed us to innovate and streamline our quality management and control workflows," said Khanh Dang, senior vice president and director of consumer account management and credit operations at Fulton Bank. "ACES continues to be a trusted advisor in our quest for operational excellence."

ACES' flagship product ACES Quality Management and Control Software(TM) provides lenders with a secure, flexible, web-based platform to manage pre-funding, post-closing and servicing audits, enabling organizations to continue processing and auditing loans even with employees working from home. Additionally, the reporting dashboard helps quality control executives better manage audit workflows to maintain productivity levels across a detached workforce. ACES is pre-built with over 60 audit types and thousands of managed questions to help lenders keep up with the rapid change in compliance from federal and state regulators, including temporary authorizations and guidance issued as a result of COVID-19.

"In one way or another, COVID-19 will have a lasting impact on how mortgage lenders and financial institutions operate," Gauthier said. "Though the catalyst for industry change was far from ideal, the renewed and accelerated emphasis on tech adoption to power a more digital lending environment will ultimately benefit both lenders and consumers, and ACES is proud to be amongst the group of industry vanguards leading this shift."

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;
* 2 of the top 5 loan servicers; and
* 2 of the top 5 depository institutions.

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

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

Top of Mind’s Surefire CRM Among Top Finishers in 2020 Digital Mortgage Demo Competition

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, was named second runner up in the demo competition at Arizent's 2020 Digital Mortgage conference, held September 14-17. Now in its third year, the Digital Mortgage Innovation Challenge, sponsored by LendingTree, recognizes mortgage technologies that accelerate lenders' digital growth.

Top of Mind demonstrated how its Surefire CRM integrates with mortgage point-of-sale (POS) systems to improve loan application completion rates with features such as Power Calls and Power Messaging. In all, twenty-two companies entered the competition, including Black Knight, Salesforce and Radian. Top of Mind tied with fintech Blend as second runner up; HouseCanary was named runner up; and Moxtra earned the $5,000 grand prize.

The competition was judged by Will Adams, head of sales at LendingTree; Julian Hebron, founder of The Basis Point; and Austin Kilgore, director of digital lending at Javelin Strategy and Research. Each judge scored participants on a ten-point scale. Participants were ranked in order from highest- to lowest-scoring.

"Surefire CRM's recognition at this year's Digital Mortgage demo competition further confirms that Top of Mind's features resonate with on-the-ground mortgage executives and technology experts," said Top of Mind CEO Bill Hayes. "We look forward to continuing our innovative momentum by strengthening partnerships and updating our platform with features that truly deepen the relationship between borrower and loan officer."

This award comes on the heels of other prominent industry recognition for Top of Mind. In March, the company's creative marketing campaigns took home platinum and gold in the 2020 AVA Digital Awards competition. Top of Mind went on to earn eight more platinum and gold awards for outstanding content at the 2020 Hermes Creative Awards in May. In June, Top of Mind placed among the world's top creators of video content in the 41st Annual Telly Awards, and in August, its Surefire CRM was named Product of the Year, Small Company division by Business Intelligence Group's (BIG) Sales and Marketing Technology Awards, also known as "The Sammys."

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 @NatMortgageNews #creativematters #SurefireCRM #DigMortgage20

Top of Mind Networks (Top of Mind), a leader in customer relationship management (CRM) and marketing automation software for the mortgage lending industry, was named second runner up in the demo competition at Arizent's 2020 Digital Mortgage conference, held September 14-17.

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

DocMagic and VirPack Announce Integration of Platforms

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

Using VirPack's API, electronically signed documents can automatically be accessed and retrieved from DocMagic's eSign platform and delivered to the appropriate party, establishing a secure, seamless exchange of sensitive borrower information and documents. A robust set of user notifications alert customers to all DocMagic eSign platform events.

The integration centralizes a paperless environment to maximize operational efficiency, eliminate errors and reduce costs. Further, the seamless connectivity speeds up funding and quickly delivers loan files to investors, GSEs, the FHA, servicers, QC firms, MI firms, and other relevant parties.

"This integration helps our mutual clients to efficiently automate document workflows and consolidate the retrieval and packaging of documents according to their specific preferences," said Steve Ribultan, director of business development at DocMagic. "Ultimately, we're bringing a greater level of organization and centralization to bundling executed documents for borrowers, lenders and investors."

VirPack simplifies virtual document management for the lending industry by providing user-centric solutions for loan file management, e-delivery, and file indexing with full text OCR to significantly increase productivity and modernize business operations.

"VirPack is pleased to strengthen our partnership with DocMagic," said Wayland Pond, COO at VirPack. "The integration results in more secure document exchange and alleviates manual processes by leveraging e-signature and e-closing technology. This partnership further underscores our commitment to modernizing mortgage lending workflows. Our technology focuses on improving operations by limiting manual intervention, reducing operational overhead and oversight, and increasing loan transparency."

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 http://www.docmagic.com/.

About VirPack:

VirPack simplifies virtual document management for the lending industry by providing user-centric solutions for loan file management, e-delivery, and file indexing with full text OCR to significantly increase productivity and modernize business operations. A leader in file automation and automated workflows - our solutions replace manually complex and error-prone business processes with accuracy and efficiency for resource-constrained teams. For 20 years we have served the mortgage banking and financial services industries, innovating and creating award-winning technologies and solutions that have enabled customers to gain strategic competitive advantages. For additional information, visit http://www.virpack.com/.

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

Social Media:
DocMagic Twitter: @DocMagic
VirPack Twitter: @VirPack
Hashtags: #eMortgageSolutions #eSigning #eClosingTechnology #ModernizingWorkflow #AutomatedWorkflow #DigitalTransformation

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

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

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

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

The VirPack Mortgage Builder integration creates new efficiencies for Mortgage Builder customers through the power of VirPack's automation and workflow technology.

The carefully designed multi-point integration:
* Enables users to launch directly from Mortgage Builder into VirPack.
* Posts Mortgage Builder content directly to VirPack enabling documents and reports to be automatically categorized and indexed without manual operations from a Mortgage Builder user.
* Recognizes Mortgage Builder specific and IDS generated barcodes automatically enabling an accurate indexing of Mortgage Builder and IDS generated documents.

"We are excited to partner with Mortgage Builder whose strong focus on streamlining operations and customer service aligns strongly with VirPack's goals of improving the loan application workflow through modernization. This partnership will help Mortgage Builder customers by increasing employee efficiency, driving productivity, and facilitating additional document controls," said Wayland Pond, Chief Operating Officer of VirPack.

"Partnerships, like the one between Mortgage Builder and VirPack elevate the digital lending experience for both the lender and the borrower. We are pleased to select VirPack as our preferred document management integrated solution. Mortgage Builder is committed to creating positive customer experiences through intuitive technology, streamlined workflows, and superior customer service. We believe our customers will find this new integration provides efficiencies in processing and speeds loan closings," said Stephen Ryczek, President & General Manager of Mortgage Builder - A Constellation Mortgage Solution Company.

About VirPack

VirPack simplifies virtual document management for the lending industry by providing user-centric solutions for loan file management, e-delivery, and file indexing with full text OCR to significantly increase productivity and modernize business operations. A leader in file automation and automated workflows - our solutions replace manually complex and error-prone business processes with accuracy and efficiency for resource-constrained teams. For 20 years we have served the mortgage banking and financial services industries, innovating and creating award-winning technologies and solutions that have enabled customers to gain strategic competitive advantages. For additional information, visit https://www.virpack.com/.

About Mortgage Builder

Mortgage Builder provides enterprise mortgage software solutions for today's lenders that empower teams, quickly adapt to changing regulations, and are customizable to unique workflows. A subsidiary of Constellation Mortgage Solutions, MB is built to serve the needs of lenders - from origination to post-closing to servicing. The MB platform is a complete solution that is backed by our award-winning customer support team. Since 1999, Mortgage Builder has been working to help today's mortgage professional streamline operations, reduce costly errors that can lead to problems with compliance, and close more loans faster to increase ROI. Learn more at https://www.mortgagebuilder.com/.

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

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

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

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

With Transform, community banks and lenders can cost-effectively offer mortgage services to their customers without adding full-time sales or operations staff. Promontory MortgagePath's new service model complements its suite of existing offerings, which work in conjunction with a financial institution's existing loan origination staff to provide loan processing, underwriting and closing support powered by digital mortgage technology.

Using Transform, the financial institution handles all prospecting and lead generation activities, including advertising and marketing its mortgage offerings. As customers express interest, the financial institution passes the customer to licensed Promontory MortgagePath loan coordinators, who take the application using Promontory MortgagePath's POS platform and provide on-going origination assistance to the potential borrower on behalf of the financial institution and in the financial institution's name. From there, Promontory MortgagePath's fulfillment team processes and underwrites the loan according to the lender's lending standards and, if approved by the lender, prepares the loan for closing.

"The current mortgage and refinance boom provides a tremendous opportunity for community banks and financial institutions to re-enter mortgage lending or scale up existing operations. But, with cost concerns at a seemingly all-time high, they need to balance a desire for growth against keeping expenses and overhead low, not to mention the difficulty even established lenders are facing in sourcing talent," said Promontory MortgagePath Chief Operating Officer Debora Aydelotte. "Our new platform provides lenders with a ready-made mortgage origination division, which allows them to take advantage of this demand - and better serve their communities - by offering a full range of mortgage products without incurring any of the overhead. Transform is available in most communities today, and we're committed to making it available nationwide in the coming months."

Promontory MortgagePath's Transform service delivery model is one of three options financial institutions can choose from to power their mortgage operations. Its Process model allows well-established, tech-driven lending departments to tap into Promontory MortgagePath's additional processing and underwriting power, while its Platform model pairs Promontory MortgagePath's POS technology and fulfillment services with the lenders' loan officers to unlock origination growth. Under Platform, financial institutions continue to manage the customer relationship leveraging Promontory MortgagePath's technology while Promontory MortgagePath processes, underwrites and closes the loan using its domestically-located fulfillment centers in Denver, Colorado and Danbury, Connecticut.

"Mortgage lending not only provides community financial institutions with an additional revenue stream, but it also enables them to expand their opportunities for core deposit growth and cross-selling existing customers while protecting their market share from encroachment by large depositories and fintechs," Aydelotte said. "While community lenders have been slow to embrace outsourcing, the recent shift to a remote workforce has dispelled many of the preconceived notions regarding the safety and soundness of externally-located operations and talent, making domestic outsourcing - especially for mortgage fulfillment - an attractive and cost-effective option for today's growth-minded community banks and lenders."

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 launched Transform, a new service delivery model bundling licensed loan coordinators, point-of-sale (POS) technology and fulfillment services to offer a complete mortgage operations platform from application to close.

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

The Future of Appraisal Form Filling Has Arrived with Nexus Level Forms

RED DEER, Alberta /ScoopCloud/ -- Anow is excited to announce the launch of Nexus, a simple, but sophisticated cloud-based form filler that's designed to help licensed real estate appraisers collectively work on appraisals in a live, multi-collaborative nature.

"It's like Google Docs for appraisals," Marty Haldane, Anow, CEO says.

Nexus comes with multiple industry firsts such as a smart UAD error checker and automated picklists. The Nexus tools' suite includes:

* A mobile inspection application with built-in sketching tools, so users can easily draw floor plans and instantly calculate square footage from anywhere.

* CompVault, another stand-out feature that pre-fills data if a sale has been used before, makes comparables easy to share between teammates, and provides users with peace of mind that their comp data is private and secure.

* Smart UAD rules with real-time prompts to help reduce revisions.

* Every form needed to build a report, and more.

Thousands of appraisers from 60 countries across the world already rely on Anow to simplify and streamline their business processes and to complete more orders. With the addition of Nexus, appraisers will become even more productive, and elevate the quality of their reports while reducing duplicate data entry and Errors & Omissions.

"We want to revolutionize how appraisals have been done for years while keeping what is familiar and most important to appraisers. It's not another AVM or hybrid 'half' appraisal; it's a true end-to-end solution," Haldane shares.

Nexus streamlines, simplifies and supercharges the form-filling process.

A trial offer is available here: https://anow.com/product/nexus and people who share the hashtag #NexusLevelForms will be entered for a chance to win a free month of Nexus.

About Anow

Anow is an appraisal management software developer that simplifies the way real estate appraisers manage their businesses. Launched in 2011 by multi-generational appraisal professional Marty Haldane, Anow streamlines a wide range of everyday appraisal processes while offering unmatched business insights to help appraisers compete in today's digital environment. Powerful order tracking, job assignment, collaboration and scheduling tools allow appraisers and administrative staff to save time, assign appraisals more easily and deliver exceptional service to clients and mortgage lenders from any web-enabled device. Advanced reporting enables business owners to manage fee competition and turn times with ease.

IMAGE LINKS FOR MEDIA:
[1] https://www.Send2Press.com/300dpi/20-0921s2p-AnowNexus-300dpi.jpg

[2] https://www.Send2Press.com/300dpi/20-0921s2p-Nexus-Creative-300dpi.jpg

Anow is excited to announce the launch of Nexus, a simple, but sophisticated cloud-based form filler that's designed to help licensed real estate appraisers collectively work on appraisals in a live, multi-collaborative nature.

Related link: https://anow.com/

ACES Quality Management Q1 2020 Mortgage QC Trends Report: EPDs Rising, Critical Defect Rate Hits Three-Year Low

DENVER, Colo. /ScoopCloud/ -- ACES Quality Management (ACES), formerly known as ARMCO and the leading provider of enterprise quality management and control software for the financial services industry, announced the release of the quarterly ACES Mortgage QC Trends Report. The latest report, which provides nationwide loan quality findings based on data derived from ACES Quality Management and Control Software(TM), covers the first quarter (Q1) of 2020.

Noteworthy findings include:
* Overall critical defect rate of 1.56% matched the lowest rate in three years;
* Defects attributed to the credit and income categories rebounded after climbing higher in Q4 2019;
* Increases in the share of refinances (5%) and conventional loans (2%) contributed to the improvement in the overall defect rate; and
* Early Payment Defaults are on the rise.

"The combination of falling interest rates, employment numbers not yet impacted by COVID-19, and steady property appreciation all contributed to increases in the share of both refinances and conventional loans, which in turn drove the continued decrease in the overall critical defect rate observed in Q1 2020," said ACES Executive Vice President Nick Volpe. "However, the last few weeks of the quarter encompassed the beginning of the COVID-19 pandemic, and given the economic impact of the pandemic on consumers, the number of early payment defaults increased, as one would expect."

"ACES is monitoring this area closely, and the early Q2 data shows the number of EPDs reviewed by lenders through ACES is 75% higher than the average monthly rate of EPD reviews for 2019. Because an EPD review is triggered only when borrowers fall three or more payments behind, this indicates the industry is still in the early stages of the problem, and there is a high likelihood that the number of EPDs will continue to increase," Volpe added.

The Q1 2020 ACES Mortgage QC Industry Trends Report is drawn from nationwide post-closing quality control loan data from over 90,000 unique loans selected for random full-file reviews, as was captured by the company's ACES Quality Management and Control benchmarking system. Defects listed in the report are categorized using the Fannie Mae loan defect taxonomy.

"Amid the chaos and uncertainty driven by COVID-19, data provides a clear path forward for lenders. While the industry's focus has been on managing the near-historic volumes, Q1 loan defect data also indicates that lenders must also turn their attention to the growing problem of EPDs, as this represents a significant operation and financial risk to their organizations," said ACES CEO Trevor Gauthier. "The power of ACES benchmarking functionality is that it allows lenders to utilize their current QC data to see what may lie ahead and respond accordingly to maintain loan quality and manage risk. This kind of trend forecasting can be a powerful tool in lenders' arsenals especially with so much uncertainty remaining at a macroeconomic level."

Mortgage QC Industry Trends Reports are available for download, free of charge, at https://www.acesquality.com/resources/reports.

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;
* 2 of the top 5 loan servicers; and
* 2 of the top 5 depository institutions.

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), formerly known as ARMCO and the leading provider of enterprise quality management and control software for the financial services industry, announced the release of the quarterly ACES Mortgage QC Trends Report.

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

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

SAN FRANCISCO, Calif. /ScoopCloud/ -- PayneWest Insurance, a leading insurance brokerage in the Pacific Northwest, today announced partnering with TrustLayer, Inc., the next generation solution for compliance tracking. PayneWest will leverage TrustLayer to expand value added services within their many Specialty Practices - specifically their Insurance Compliance Service offering to its Construction customers. PayneWest is the leading brokerage in the region to roll out this suite of additional consulting services at scale.

Legacy certificate tracking software systems are often cumbersome and expensive. Industry pioneer TrustLayer provides an innovative risk management system that enables immediate vendor coverage verification. Using a unique robotic process automation (RPA) and AI to automate this manual process allows companies to automatically verify the insurance and licenses of their partners. With TrustLayer, PayneWest is able to elevate and expand its risk consulting services to many more of its customers.

"Small and medium businesses often cannot justify a full-time Risk Manager. TrustLayer gives our brokerage an ability to offer additional risk consulting services to our clients. Most importantly, it helps us better protect our clients from insurance claims caused by their vendors," said Isabel Barichievich, Specialty Practice Project Manager.

Barichievich added, "TrustLayer provides a collaborative risk management platform that allows us to help review and track certificates of insurance (COIs) to make sure our clients' vendors have the correct insurance coverage."

"With the current state of the economy, many vendors are not carrying the right commercial insurance coverage," said John Fohr, Chief Executive Officer of TrustLayer. "By using TrustLayer, PayneWest will be able to automate the traditionally manual process of tracking insurance coverage for their customers, enabling the agency to reduce inefficiency, increase revenue and retain its customer base."

About TrustLayer

TrustLayer is a collaborative risk management application that helps reduce friction between businesses. The company allows their business partners' users to automate the verification of insurance, licenses, and compliance documents (i.e., vendors, subcontractors, suppliers, borrowers, tenants, ridesharing and franchisees). TrustLayer's solution is recognized by the industry and is a member of BrokerTech Ventures (BTV) accelerator, BrushCreek Tech Insurance accelerator, winner of the 2019 R3 CordaCon Insurtech Challenge, and received top honors at The Institutes 2020 annual convention.

Learn more at: https://www.trustlayer.io/

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

Related link: https://www.trustlayer.io/

ARMCO Rebrands as ACES Quality Management

DENVER, Colo. /ScoopCloud/ -- ACES Risk Management (ARMCO), the leading provider of enterprise quality management and control software for the financial services industry, announced today the completion of its months-long rebranding effort to align the company's image with its expanded focus on quality and risk management for banks and credit unions, as well as independent mortgage lenders. Effective September 10, 2020, the company name will be known as ACES Quality Management(TM), and the name of its flagship product ACES Audit Technology(TM) change to ACES Quality Management and Control Software(TM).

"While the origins of ACES lie in mortgage loan quality management, our sphere of activity has expanded to include other types of lending, as well as supporting overall quality in operations and outcomes within our clients' organizations. Thus, we felt the time was right to make a change to ensure our brand to more accurately reflect that," said ARMCO CEO Trevor Gauthier. "Regardless of the name under which we operate, the foundation of our organization has always been quality people behind quality products, achieving quality results - something we have proudly accomplished for the last 25 years and will continue to do under the ACES Quality Management banner."

The rebrand comes after much research and discussion, vetting current ACES clients, prospects and industry experts. Along with the naming and logo rebrand come a newly designed website and product offering. ACES Audit Packs for Mortgage Origination, Servicing and Consumer Lending combine out-of-the-box reports and managed questions with the functionality and flexibility of the ACES platform.

"ACES Quality Management is focused on improving quality, confidence, transparency and compliance in financial services by leveraging advanced technology platforms created with a customer-centric approach," Gauthier said. "Because we are striving to be the standard for quality management and control software in the financial space, we want to be known not only for the great technology that we bring to market, but also for the unprecedented level of customer care that we provide."

For more information, visit www.acesquality.com or contact info@acesquality.com.

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;
* 2 of the top 5 loan servicers; and
* 2 of the top 5 depository institutions.

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.

*LOGO link for media: https://www.Send2Press.com/300dpi/20-09010s2p-aces-logo-300dpi.jpg

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

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

Maxwell adds underwriting and closing services to fulfillment platform

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

As with its processing solution, Maxwell's underwriting and closing solutions are accessible through the Maxwell Fulfillment Platform on a white-label basis, with all outsourced personnel functioning as an integrated part of the lender's operations team. Because the underwriters leverage Maxwell's uniquely high-quality data gathered on the front end, the underwriting process is faster, which results in an improved borrower and lender experience.

Lenders can add team members as needed to accommodate the ebbs and flows of market dynamics while maintaining full ownership of customer data and delivering a fully branded, streamlined loan experience to borrowers.

Today's unpredictable, high volume market creates a potentially costly challenge for small and midsize lenders, which struggle to scale and accommodate wildly fluctuating volume. The primary challenge they face is meeting output demands.

"Few, if any, small and midsize lenders can sustain, the right balance of skilled labor," said Brian Simons, president of Maxwell, "enough to handle demand, but not so many that you sacrifice margin, and all who are skilled and experienced individuals."

The Maxwell Fulfillment Platform is a complete technology and outsourced solution solves this issue. It enables small and midsize lenders to maintain the precise level of skilled U.S. personnel needed, regardless of market fluctuations, all at a price that rivals off-shore solutions. The platform's team of seasoned processors have an average of 15 years of experience and all are located in the U.S.

"Our lender clients constantly tell us they want Maxwell to provide end-to-end fulfillment services, because they know they'll get technology and service that far exceeds any solution they've tried in the mortgage space," said Simons. "After launching our fulfillment platform with processing services to rave reviews in May, this was a natural progression. We're looking forward to growing our family of solutions, which are redefining the mortgage process and experience for borrowers, lenders and settlement service providers."

"Lenders are in a 'pig in a python' situation right now, so it's not surprising that the demand for embedded fulfillment solutions is high," says John Paasonen, CEO and co-founder of Maxwell. "Beyond that, the needs of small to midsize lenders have not traditionally been served by technology partners. We are on a mission to help small and midsized lenders grow wildly successful businesses."

To learn more about the Maxwell Fulfillment Platform, click here: https://himaxwell.com/services

ABOUT MAXWELL

Maxwell empowers mortgage lenders to be more connected, productive and successful by intelligently automating their team's workflow with homebuyers and real estate agents. A four-time HW Tech 100 winner, Maxwell's digital mortgage platform leverages proprietary algorithms built on its network of data across hundreds of thousands of loans to enable lenders to accelerate the mortgage lending process from application to closing.

Today, hundreds of lenders across the United States use Maxwell's point-of-sale to originate $6 billion in mortgage loans each month at a cycle time 45 percent faster than the national average. Founded in 2015, Maxwell is a member of the Mortgage Bankers Association and a preferred partner of The Mortgage Collaborative. The company is proud to be built in Denver, Colorado.

Connect with Maxwell:
* https://himaxwell.com/
* https://www.facebook.com/maxwellHQ
* https://twitter.com/ilovemaxwell

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

Related link: https://himaxwell.com/

ReverseVision VP Wendy Peel Selected for a Most Powerful Women in Fintech Award by PROGRESS in Lending Association

SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision, the leading technology provider for the Home Equity Conversion Mortgage (HECM) and private reverse lending program market, today announced that company Vice President of Sales and Marketing Wendy Peel has been recognized as a Most Powerful Women in Fintech award honoree by PROGRESS in Lending Association. Now in its second year, the annual awards program honors women who are shaping the future of financial services technology.

Peel was recognized for her two-decades' senior leadership experience driving sales growth at enterprise technology firms. Under Peel's leadership, ReverseVision has achieved record revenue growth. To date, the ReverseVision platform is used by all 10 of the top-ten HECM lenders and supports more reverse mortgage transactions than all other systems combined. Since joining the company in 2016, more than 2,500 lenders and brokers have enrolled in the ReverseVision platform, which serves nearly 10,000 active users.

In support of broadening lender adoption among forward lenders, Peel led ReverseVision's Fall 2019 transformation as an API-enabled flexible reverse lending platform, unveiling a new logo as part of its revised mission and rebranding. Peel also conceived the inaugural ReverseVision UserCon to highlight best HECM origination practices, offer expert marketplace insights, and gather guidance on future product development.

Before joining ReverseVision, Peel served as vice president of sales and marketing at CommercePromote, a cloud-based SaaS applications provider, where she executed a corporate rebranding campaign repositioning the company as an enterprise marketing and operations technology leader. Additionally, Peel has held executive sales and marketing positions at iCoStore, LLC; Take Notice, Inc.; PNA, Inc.; and TransPerfect Translations.

"Wendy's ability to understand the needs of our diverse customer base and stay ahead of a rapidly fluctuating mortgage market have helped build ReverseVision into the organization it is today," said ReverseVision CEO John Button. "We applaud her work connecting mortgage lenders with the technology they need to serve borrowers at every stage in life."

About ReverseVision

ReverseVision, Inc. is the leading Home Equity Conversion Mortgage (HECM) and private reverse mortgage program 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 @engageprogress #digitalmortgage #HECM #reversemortgage

Image link for media: https://www.depthpr.com/media/reversevision

ReverseVision, the leading technology provider for the Home Equity Conversion Mortgage (HECM) and private reverse lending program market, today announced that company Vice President of Sales and Marketing Wendy Peel has been recognized as a Most Powerful Women in Fintech award honoree by PROGRESS in Lending Association.

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

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

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

Now in its ninth year, the October Research awards program honors leaders in the title, underwriting, lending and settlement services industries for their accomplishments in the areas of leadership, innovation and philanthropy. Triola was presented with this year's Award for Innovation in a virtual ceremony at the 16th annual National Settlement Services Summit (NS3).

As October Research publication The Title Report noted in its Sept. 2, 2020, coverage of this year's winners:

Triola founded eSigning solutions provider Settleware in 1999 and NotaryCam in 2012. Using this technology, he completed the first mortgage remote online closing in 2014. Since then, he's advocated at every level across the country to advancing the legalization of the technology.

In a time where eClosings and digital mortgage adoption is skyrocketing, Triola intentionally designed the NotaryCam platform with the flexibility to accommodate all types of closing ceremonies. That has allowed the technology to adapt to the inconsistent state regulatory requirements around the country.

NotaryCam is adding roughly 15,000 new users to the platform monthly, resulting in more than 350,000 total users on the platform this year, and has executed more than 250,000 transactions to date.

"I am honored and humbled to accept this award on behalf of myself and the entire NotaryCam team," Triola said. "Our team works tirelessly to not only provide the best RON services to our clients, but also to further advances in the industry and help promote RON adoption. Industry-leading technology is only valuable if it is being utilized, and I am proud of our efforts to lead the field in technological innovation, adoption support and customer service."

Triola pioneered RON in the real estate space when he founded NotaryCam back in 2012 and completed the first mortgage remote online closing (ROC) in 2014. Since then, Triola and NotaryCam have set the industry standard for RON/ROC technology, as the only platform on the market that scales to meet document notarization and real estate closing standards for all jurisdictions, including attorney-state closings; provides all-party access to join the online signing ceremony; and complements its technology with a nationwide network of eNotaries well versed in the intricacies of executing RON eClosings and available 24/7 to ensure a seamless, error-free ROC ceremony at the homebuyer's convenience. Additionally, NotaryCam provides a single platform capable of completing hybrid, in-person e-notarization (IPEN) and RON closings, all of which have experienced increased demand in the wake of the COVID-19 pandemic.

In recent months, emergency legislation related to COVID-19 has furthered the nationwide adoption and legalization of RON. Prior to this emergency legislation, the real estate and mortgage industries were reluctant to embrace RON technology without explicit legal support at the state level. Thus, Triola has devoted the last seven years to advancing nationwide RON legalization, including worked closely with the Notary Public Administrators (NPA) section of the National Association of Secretaries of State (NASS) and the Uniform Law Commission (ULC) on the Revised Uniform Law on Notarial Acts (RULONA), which many states have opted to adopt for their own RON legislation.

To see the full list of winners, visit https://www.thetitlereport.com/Articles/NS3-Industrys-best-honored-with-OR-awards-80208.aspx.

About October Research:

October Research, LLC is the nation's leading independent provider of market intelligence, industry news, expert opinion and regulatory information for professionals in the real estate, title, financial and settlement services industries. The company was founded to be the unifying, agenda-free voice of these industries and the professionals that support them. We have been headquartered in Richfield, Ohio, since our inception in 1999, and still boast the only full-time, independent newsroom devoted to providing in-depth coverage of the top real estate, title insurance, financial and settlement services issues.

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, announced that its founder and CEO Rick Triola has received the 2020 October Research Award for Innovation for his innovations in and driving adoption of remote online notarization (RON) in the lending and title/settlement services industries.

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

FormFree Promotes Cindy Snow to Chief Operating Officer (COO)

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

Snow joined FormFree as a product manager in May 2019 and quickly advanced to director of product marketing. During her tenure at FormFree, Snow has facilitated partnerships and product updates that enhance lender speed, pull-through rates and security at a time of accelerated growth for FormFree. Notably, Snow's initiatives have led FormFree to see a surge in user adoption, with the organization rounding out 2019 with a 65% increase in AccountChek verification reports over the previous year.

"Since day one, Cindy has created operationally excellent processes that have helped FormFree deliver top-tier service to our 1,000-plus mortgage lender customers," said FormFree Founder and CEO Brent Chandler. "Her collected and methodical approach to complex challenges has earned her the respect of the entire organization, and I know she will excel in a position of executive leadership."

"An agile and innovative organization, FormFree engages my full professional skill set, which both gratifies and motivates me," said Snow. "I'm excited to have a hand in FormFree's mission to revolutionize the credit decisioning landscape."

Earlier this week, Snow was honored as a member of HousingWire's 2020 class of HW Insiders Award recipients.

About FormFree

FormFree(R) is a market-leading fintech company whose revolutionary products AccountChek(R) and Passport(TM) are changing the credit decisioning landscape and encouraging lenders nationwide to incorporate a more holistic view of each borrower's financial DNA. 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(TM). A HousingWire TECH100(TM) company for four consecutive years, FormFree is based in Athens, Georgia.

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

Twitter: @RealFormFree #digitalmortgage #peoplemovers

Image link for media: https://www.depthpr.com/media/formfree/

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

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

Bryan Traeger, Head of Customer Success at Maxwell, Announced as a 2020 HousingWire Insider

DENVER, Colo. /ScoopCloud/ -- We are proud to announce that Bryan Traeger, Head of Customer Success at digital mortgage provider Maxwell, has been announced as a winner of the 2020 HousingWire Insider Award.

In its fifth year, HW's 2020 Insiders winners were carefully selected by HousingWire's editorial board based on their vital and dynamic contributions to their companies.

These 50 winners are the "go-to" team members in their companies and represent a wide range of occupations within the housing industry, from lending and real estate to investments and fintech. The Insiders are the professionals their companies turn to with their most important or challenging projects, and their contributions and hard work lead to superior results.

"The winners of our 2020 Insider Awards demonstrate expertise in areas that are critical to the success of the companies they work for," HousingWire Editor in Chief Sarah Wheeler said. "Especially during this year, which has required rapid adaptation in so many areas, these Insiders have been invaluable to the smooth functioning of the entire housing ecosystem."

HW's 2020 Insiders were carefully selected by HousingWire's editorial board based on their vital and dynamic contributions to their companies.

"Bryan Traeger is the definition of someone whose impact in our organization goes beyond his title," said Maxwell CEO and Cofounder John Paasonen. "Bryan brings extensive industry experience and technology expertise to his lender customers. His approach to driving higher adoption across organizations, tech stack evaluations and implementation plans is highly effective, and it plays a big part in why Maxwell is the fastest point-of-sale solution to launch from purchase."

ABOUT MAXWELL

Maxwell empowers mortgage lenders to be more connected, productive and successful by intelligently automating their workflow with homebuyers and real estate agents. A four-time HW Tech 100 winner, Maxwell's digital mortgage platform leverages proprietary algorithms built on its network of data across hundreds of thousands of loans to enable lenders to accelerate the mortgage lending process from application to underwriting.

Today, hundreds of lenders across the United States use Maxwell's point-of-sale to originate $5 billion in mortgage loans each month at a cycle time 45 percent faster than the national average. Founded in 2015, Maxwell is a member of the Mortgage Bankers Association and a preferred partner of The Mortgage Collaborative. The company is proud to be built in Denver, Colorado. Learn more: https://himaxwell.com/

We are proud to announce that Bryan Traeger, Head of Customer Success at digital mortgage provider Maxwell, has been announced as a winner of the 2020 HousingWire Insider Award.

Related link: https://himaxwell.com/

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

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

Since joining FormFree in May 2019, Snow has focused on creating operational processes to enhance product and service quality for FormFree's more than 1,000 mortgage lenders customers. Her contributions ushered in a 65% year-over-year surge in adoption of AccountChek, the company's market-leading automated verification product that allows lenders to digitally verify borrower asset, income and employment information.

"Cindy has mastered the ability to translate the executive team's ambitious vision into a tactical plan of action at every level of the organization," said FormFree Founder and CEO Brent Chandler. "She plays a pivotal role in nearly every aspect of our business, from product development to defining our partner relationships to marketing, sales and even compliance. As a direct result of her work, our customers and their borrowers enjoy a faster, easier and safer loan process."

Among the initiatives benefiting from Snow's involvement during the last year are the onboarding of numerous enterprise-level clients; establishment of a partnership to protect closing fund transfers from wire fraud; and development of an income and employment verification capability that retrieves and certifies payroll data.

"This year's Insiders represent the unsung heroes of their companies; the team members that, behind the scenes, kept everything on track during unprecedented times," HousingWire Magazine Editor Kelsey Ramírez said. "This year, the need for the services of these 50 winners was greater than ever, and they rose to the challenge."

For a complete list of 2020 HW Insiders Award winners, visit https://www.housingwire.com/articles/here-are-the-2020-hw-insiders/.

About FormFree:

FormFree is a market-leading fintech company whose revolutionary products AccountChek and Passport are changing the credit decisioning landscape and encouraging lenders nationwide to incorporate a more holistic view of each borrower's financial DNA. 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(TM). For more information, visit https://www.formfree.com/ or follow FormFree on LinkedIn.

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 40,000 newsletter subscribers daily and over 4 million unique visitors each year. Our audience of mortgage, real estate, financial services and fintech professionals rely on us to Move Markets Forward. Visit https://www.housingwire.com/ or https://www.solutions.housingwire.com to learn more.

Twitter: @RealFormFree @HousingWire #HWInsiders #mortgageindustry #fintech

*PHOTO link for media: https://www.Send2Press.com/300dpi/20-0901s2p-cindy-snow-300dpi.jpg
*Caption: FormFree's Cindy Snow Among 2020 HW Insiders.

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

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

Digital Currency was in Computer Industry for 20+ years

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

CMTLabs disclosed, in 1999 CMTL (Computer Memory Test Labs, Inc.) introduced a digital currency service token which was in continuous use until the end of 2019, when CMTL exited the memory module compatibility testing business. Established 1996 and enabled by Intel Corporation, CMTL was the computer industry's leading independent memory module compatibly test lab for over 23 years. The digital currency platform was created to provide predictable monthly revenue and as an alternative to banks and outside investors to fund business growth.

70,000+ CMTL service tokens were utilized to perform 27,000+ tests for 120+ manufacturers. 5000+ part numbers were tested on 800+ computer platforms from 50+ manufacturers. Every service token issued was spent representing 100% utilization. Service tokens could not be lost, stolen, or double spent. Manufacturer online digital wallets were never hacked or compromised in any manner. Large accounts purchased service tokens via annual agreements based on the required number of tests forecasted.

A use, lose, buy same or more requirement for annual token balance rollover ensured currency usage and flow. Accounts requiring a small number or even a single test could submit a standard purchase order without a line item for service tokens. CMTL's digital currency platform would modify purchase orders to include required number of service tokens to complete testing. The modification process was performed transparent to customers. Over $1 billion of CMTL tested part numbers is estimated to have been sold worldwide.

View service token usage data here: https://cmtlabs.info/token-usage-data

About CMTLabs, Inc.:

CMTLabs, Inc. was formed in early 2020 to utilize the extensive first-hand digital service token platform knowledge and experience. In June of 2020, Intel server platform support links to CMTL tested memory lists were removed completing internet shut down of the service token platform. CMTLabs is now seeking to team up with an experienced digital currency or financial business organization.

Over 20 years of knowledge and experience obtained from a successful long-term digital currency platform is unprecedented. The invaluable amount of insight and information cannot be obtained from a creative white paper, minimal proof of concept or convincing computer simulation model. Regardless if the service business is hair salon or industrial consulting firm, both can benefit by adding a digital currency service token platform.

All or just a portion of revenue can be generated with service tokens. CMTL's digital currency platform succeeded because it provided identifiable, tangible and mutually beneficial value propositions for the business and customers. A need was identified which required creating a digital currency. A digital currency was not created which required identifying a need.

Learn more at: https://cmtlabs.info/

CMTLabs, Inc. (Currency Method Tokenizing Labs) released information today revealing a digital currency was successfully in use "under the radar screen" within the computer industry for over 20 years.

Related link: https://cmtlabs.info/

ReverseVision Taps Credit Union Veteran Justin Burns as VP Operations, Invests in Platform Enhancements with Hire of Two Senior Software Engineers

SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision, the leading Home Equity Conversion Mortgage (HECM) and private reverse lending platform, today announced the hire of credit union veteran Justin Burns as VP operations, and Senior Software Engineers Aron Weiler and Alan Guitierrez.

"Our mission is to bring reverse mortgage lending forward with an API-enabled lending platform that makes it possible for loan officers to evaluate and originate HECM and private reverse mortgages alongside forward lending programs," said ReverseVision President Joe Langner. "To that end, we've invested heavily in talent that will accelerate API development and integration partnership timelines. We look forward to delivering increased value to our customers with the help of Justin, Aron and Alan."

New to the ReverseVision team are:

* Justin Burns, VP Operations

Justin Burns possesses two decades' experience leading operations for financial and technology organizations. At ReverseVision, Burns will oversee company operations, identifying opportunities for process and structural optimization. Previously, Burns led service delivery operations at San Diego County Credit Union, the fifteenth largest credit union in the United States. Burns also has held positions as Senior Technical Advisor at Clear Solutions Advisors, Director of Technical Services and Operations at Pointivity Cloud Solutions, and Director, Service Delivery at Alliant International University. Burns holds a Master of Business Administration in information technology and business management.

* Aron Weiler, Senior Software Engineer

Aron Weiler has 20-plus years' experience heading software teams at global medical and science organizations. Before joining ReverseVision, Weiler served as Director of Software Engineering at Truvian, a San Diego-based medical diagnostic equipment firm, and Systems Architect, Senior Principal Software Engineer at BD (Becton, Dickinson and Company) (NYSE: BDX). Weiler has developed patents for computing architecture and a centralized medical device system.

* Alan Gutierrez, Senior Software Engineer

Alan Gutierrez possesses ten years' senior software development experience at global technology and medical device manufacturing corporations. Previously, Gutierrez has held roles as Senior Software Development Engineer at medical device manufacturing and software firm Breg, Senior Software Developer at global technology leader Cisco (NASDAQ: CSCO) and Senior Software Engineer at BD.

About ReverseVision

ReverseVision, Inc. is the leading Home Equity Conversion Mortgage (HECM) and private reverse mortgage program 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/.

ReverseVision, the leading Home Equity Conversion Mortgage (HECM) and private reverse lending platform, today announced the hire of credit union veteran Justin Burns as VP operations, and Senior Software Engineers Aron Weiler and Alan Guitierrez.

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

CardTapp and Top of Mind Enhance Integration with Time-Saving App Sharing and Contact Tagging Features

ATLANTA, Ga. /ScoopCloud/ -- Virtual client engagement platform, CardTapp, has enhanced its integration with Top of Mind Networks (Top of Mind) by adding new app-sharing and contact-tagging features that help mortgage loan originators work more efficiently.

Lead Connect automates distribution of the CardTapp app from loan originators to acquired leads via Top of Mind's SurefireCRM, delighting prospective clients with on-the-go home loan tools and solving lenders' lead filtering and prioritization problem. In addition, CardTapp's recently announced contact-tagging feature lets lenders segment prospects and customers in seconds for tailored follow-up using SurefireCRM's automated marketing workflows.

Both features extend the capabilities of an existing bi-directional integration between CardTapp and SurefireCRM that automatically syncs client contact information between the platforms, reducing manual data entry and improving data consistency and accuracy.

"CardTapp's virtual client engagement technology is a game changer for mortgage lenders - especially when combined with the automated marketing capabilities of SurefireCRM," said Ben Brashen, CEO of CardTapp. "Our combined solution saves the average lender a great deal of time and turns more prospects into customers."

"In today's market, mortgage originators must tap every resource at their disposal to keep up with the demands of record-high volume and convert more leads to loans," said Top of Mind Chief Product Officer David Orsini. "SurefireCRM gives lenders the single point of productivity they need to deploy borrower engagement tools like CardTapp at scale and automate followup throughout the customer journey."

CardTapp is a lender-customizable app that equips prospective borrowers with loan calculators they can use to run their own refi scenarios on the go, saving lenders time while maximizing referrals and accelerating the sales process - benefits that have been especially critical for lenders during this year's refi boom.

SurefireCRM is the most popular customer relationship management (CRM) and marketing automation platform in the mortgage industry. The award-winning technology delivers personalized, actionable intelligence throughout the entire homeownership lifecycle to every client and prospect.

About CardTapp:

CardTapp's mission is to empower individuals and businesses to build stronger personal connections and facilitate mutually beneficial business relationships. We work with sole proprietorships, small businesses, and sales professionals, as well as sales team managers, executives, and enterprises looking for ways to empower their businesses. Our technology provides business leaders with the ability to set themselves apart, close more business, and serve their customers better. For more information, visit https://www.cardtapp.com/.

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 @cardtapp #mortgagemarketing

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Virtual client engagement platform, CardTapp, has enhanced its integration with Top of Mind Networks (Top of Mind) by adding new app-sharing and contact-tagging features that help mortgage loan originators work more efficiently.

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

Blue Sage and FormFree Partner to Streamline Lending Process with AccountChek Automated Asset Verification Integration

ATHENS, Ga. /ScoopCloud/ -- FormFree(R) today announced the availability of its AccountChek(R) automated asset verification service within Blue Sage's cloud-based digital mortgage lending platform. The integration makes it possible for borrowers to verify assets with AccountChek through the Blue Sage Borrower Portal and for loan originators to order reports through the Blue Sage Loan Officer Portal and Retail LOS.

FormFree's AccountChek verification service makes it easy for consumers to demonstrate their ability to repay mortgage loans by electronically fetching bank statements and other asset documentation. Faster and more secure than exchanging paper documents, AccountChek's patented technology improves the borrower experience and reduces loan processing and underwriting times for lenders.

Blue Sage has made AccountChek available through its Borrower Portal, Loan Officer Portal and Retail LOS to enable automated asset verification at various stages in the lending process. Consumers can quickly verify assets as they apply for a loan using the Blue Sage Borrower Portal. Loan officers can email borrowers a link to verify their assets and submit report orders through the Blue Sage Loan Officer Portal and Retail LOS.

"AccountChek gives borrowers a secure and modern way to submit asset data to mortgage lenders," said FormFree CEO Brent Chandler. "We are proud to partner with Blue Sage to give the same secure and modern experience to loan officers initiating the asset verification process."

"Offering automated asset verification to consumers at the point of application expedites approval with little to no intervention from the LO, processor or underwriter," said COO of Blue Sage David Aach. "Combined with Blue Sage's bidirectional integrations with Fannie Mae Desktop Underwriter(R), Freddie Mac Loan Product Advisor(R) and automated underwriting systems (AUS), our platform is able to optimize the financial decisioning process for mortgage lenders."

About Blue Sage:

Blue Sage is an innovative, cloud-based digital lending platform for retail, wholesale and correspondent lenders that provides a superior lending experience for every borrower. The company's technology is 100% browser-based and provides end-to-end functionality for the entire lending and fulfillment process, regardless of channel. Blue Sage also includes an LO Mobile Office application and all products are delivered through a secure, fully managed dedicated cloud model. The company's technology was developed over the past four years by the founders of Palisades Technology Partners, developers of Impact, the first end-to-end web-based loan platform which was used by five of the 10 largest U.S. originators. Blue Sage Solutions is headquartered in Englewood Cliffs, New Jersey. For more information, visit https://bluesageusa.com/.

About FormFree:

FormFree is a market-leading fintech company whose revolutionary products AccountChek and Passport are changing the credit decisioning landscape and encouraging lenders nationwide to incorporate a more holistic view of each borrower's financial DNA. 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(tm).

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

Twitter: @RealFormFree @BlueSageUSA #incomeverification #fintech

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FormFree today announced the availability of its AccountChek automated asset verification service within Blue Sage's cloud-based digital mortgage lending platform. The integration makes it possible for borrowers to verify assets with AccountChek through the Blue Sage Borrower Portal.

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

SimpleNexus and MobilityRE Enhance Mobile Integration with Push Notifications, More Powerful Home Search Features

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 enhanced its integration with MobilityRE with new features that improve the home search experience for borrowers and enable lenders and Realtors to respond more swiftly to borrower requests.

Available as an integrated tool within the SimpleNexus digital mortgage app, MobilityRE's white-labeled home search app is designed for Realtors and lenders to share with their clientele. MobilityRE pulls real-time property listings to ensure prospective homebuyers make decisions based on only the most accurate, up-to-date information. Homebuyers can save their favorite properties and set search criteria to identify homes that meet their personal preferences and credit capacity.

Unlike other home search apps, MobilityRE insulates homebuyers from the unwanted solicitation of opportunistic agents and lenders. Instead, a homebuyer's search history is visible only to their preferred Realtor and loan officer (LO), who receive instant, in-app notifications whenever the homebuyer requests a home showing or loan quote. Realtors and LOs are also alerted whenever the asking price of a saved property changes or a new listing hits the market that matches the applicant's search criteria.

"Real-time push notifications allow Realtors and loan officers to proactively assemble loan quotes, schedule home viewings and prepare pre-approval letters, saving customers valuable time in a competitive real estate market and ultimately converting more opportunities into closed loans," said SimpleNexus CEO Matt Hansen. "It's a win for everyone involved."

The enhanced integration also adds a filter to the home search experience that enables users to specify their preference for properties close to nightlife, public transportation and other "lifestyle" features, then view matching neighborhoods on a visual heatmap.

"The integration of MobilityRE and SimpleNexus brings together two award-winning technologies that empower lenders to capitalize on the central role of mobile devices in today's homebuying process," said MobilityRE CEO and Founder Ben Teerlink. "We're pleased to make this combined offering even more powerful with new features that give originators a serious edge when it comes to retaining prospects and closing deals."

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 MobilityRE:

MobilityRE is a rapidly growing technology company whose home search and real estate market intelligence solutions are used by nearly 150 mortgage lenders, including 17 of the top 25 retail lenders in the United States, and thousands of real estate professionals at leading U.S. and Canadian brokerages, including Berkshire Hathaway, Coldwell Banker, Keller Williams, Century 21 and RE/MAX. With MobilityRE, brokers and agents can give homebuyers a branded mobile app that makes it easy to search or view any property. Visit https://mobilityre.com to learn more.

Twitter: @SimpleNexus @MobilityRE #digitalmortgage #mortgagelending #domore #homesearch

*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, has enhanced its integration with MobilityRE with new features that improve the home search experience for borrowers and enable lenders and Realtors to respond more swiftly to borrower requests.

Related link: https://simplenexus.com/

Independent, Third-Party Analysis Shows SimpleNexus Digital Mortgage Platform Delivers 9X ROI

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 released key findings from an independent, third-party analysis quantifying mortgage lenders' monetary return on investment (ROI) in SimpleNexus. The findings validate that lenders using SimpleNexus consistently produce more loans and spend less in per-loan operational expenses thanks to the platform's built-in efficiencies.

Methodology

The ROI study was conducted by Jacksonville, Florida-based MarketWise Advisors (MWA), an independent consulting and advisory firm that assists banks, credit unions and independent mortgage companies across North America with system selection, due diligence, data/analytics and benchmarking. MWA developed a survey and analyzed responses from 40 SimpleNexus customers. The sample set had used SimpleNexus for an average of over two years at the time of the study and reported using SimpleNexus for an average of 80.3% of total loan originations.

Key Findings
* Participants reported an average ROI of 9.31, meaning that SimpleNexus' positive impact on lender revenues outweighed the cost of using the platform by more than nine times.
* Lenders reported an average 12.85% increase in inbound leads/referrals as a result of using SimpleNexus tools that help originators build stronger relationships and larger pipelines with referral partners.
* Loan officers' average application conversion rate improved by 13.16% as a result of using SimpleNexus, allowing those loan officers to close an average of 6.32 additional loans per year.
* The additional loan closings created an average of $3,159 per loan officer per year for the organization in additional net income.
* Lenders using SimpleNexus compressed loan processing time by an average of 1.49 days.
* Overall, lenders saved an average of $258.36 per loan in operational costs by spending fewer hours originating and processing mortgage loans thanks to SimpleNexus' ability to keep borrowers, real estate agents and loan originators connected throughout the loan process.

"From day one, SimpleNexus has focused on providing intuitive technology that enhances efficiency, profitability and the borrower experience. Now we can quantify those benefits," said SimpleNexus Co-founder Ben Miller. "In a bold act of transparency, we invited a third-party firm to quantify the ROI leading lenders across the industry have experienced firsthand. Our current customers and prospects deserve to know the value of investing in SimpleNexus."

To learn more or request a customized ROI projection, visit https://simplenexus.com/roi/.

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 #fintech #mortgagetech @MWA_Consulting

*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 released key findings from an independent, third-party analysis quantifying mortgage lenders' monetary return on investment (ROI) in SimpleNexus.

Related link: https://simplenexus.com/

LBA Ware Recruits Fintech Data Expert Matt Semrad to Build Predictive Analytics for LimeGear BI Platform

MACON, Ga. /ScoopCloud/ -- LBA Ware™, a leading provider of incentive compensation management (ICM) and business intelligence (BI) software solutions for the mortgage industry, has hired veteran fintech executive and data analytics expert Matt Semrad to enhance its BI platform LimeGear with predictive loan production analytics and machine learning.

In partnership with LBA Ware, Semrad is developing predictive models and machine learning algorithms that can be used to forecast loan volume and predict which of a loan originator's applications are likely to convert to closed loans. The loan volume forecasting model will help lenders with weekly and monthly capacity planning and warehouse line management. The propensity-to-close model will enable mortgage lenders to take proactive measures to maximize staff efficiency and close more loans.

"When it comes to building predictive algorithms, data quality is everything," said Semrad. "Because LBA Ware has comprehensive, high-fidelity data sets and understands the needs of the industry, we can develop predictive models and forecasts that are laser-focused on creating value for mortgage lenders."

"As a data analytics expert and veteran fintech executive, Matt has the perspective and skill to develop powerful predictors of mortgage business performance," said LBA Ware Founder and CEO Lori Brewer. "I look forward to working with Matt to deliver uniquely valuable intelligence that helps our clients run their businesses optimally."

Prior to partnering with LBA Ware, Semrad spent more than a decade as COO, CIO and SVP of Equifax's (NYSE:EFX) Workforce Solutions and Enabling Technologies divisions. Previously, he served as COO of Appro Systems, a provider of loan origination software, where he doubled company revenue and led the company's $92 million acquisition by Equifax.

Semrad also served as vice president at multinational conglomerate Hitachi (OTCMKTS: HTHIY) and as senior vice president at global information technology service and consulting company Atos (OTCMKTS: AEXAY). Semrad holds a master's degree in mechanical engineering and is currently pursuing a master's degree in analytics at the Georgia Institute of Technology.

About LBA Ware:

LBA Ware™ is a leading provider of cloud-based software for mortgage lenders. Since 2008, LBA Ware has been on a mission to help mortgage companies reach new heights with software that integrates data, incentivizes performance and inspires results. Today, 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 2019 Inc. 5000 fastest-growing private company, LBA Ware is headquartered in Macon, Georgia. For more information, visit https://lbaware.com.

Twitter: @LBAWare #mortgageindustry #mortgagetechnology #mortgagedata #BI #fintech

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LBA Ware, a leading provider of incentive compensation management (ICM) and business intelligence (BI) software solutions for the mortgage industry, has hired veteran fintech executive and data analytics expert Matt Semrad to enhance its BI platform LimeGear with predictive loan production analytics and machine learning.

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

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

DANBURY, Conn. /ScoopCloud/ -- Promontory MortgagePath LLC, a leading provider of comprehensive digital mortgage origination and tech-driven fulfillment solutions, announced today that it has hired Jordan Higgins and Kim Joyce as regional vice presidents in the company's sales division. The new hires are the latest result of Promontory MortgagePath's accelerated recruitment efforts, which have focused on the Midwest and Western United States, to bolster the firm's record growth and opening of its new Denver fulfillment center.

Since mid-March, Promontory MortgagePath has hired 27 new employees to support the growing interest in the firm's technology and fulfillment services.

"Promontory MortgagePath's aim is to combine innovative fintech with cost-effective, compliant fulfillment services to fundamentally change the way lenders approach their mortgage businesses, and doing so requires a keen understanding of challenges facing today's lenders," said Promontory MortgagePath Chief Operating Officer Debora Aydelotte. "Jordan and Kim are both well-respected professionals with proven track records in identifying and meeting lenders' needs, and we are confident they will make an immediate impact in helping Promontory MortgagePath transform mortgage operations to meet the demands of the current lending environment."

Higgins is an accomplished mortgage sales executive with 12 years of demonstrated sales and management success. Prior to Promontory MortgagePath, she spent five years as vice president of correspondent sales at Verus Mortgage Capital. In her role at Verus, Higgins managed more than 75 accounts, directed four transaction management teams and represented the company through various speaking forums. Higgins also gained industry experience at Lenders One, where she spent time as a relationship manager before earning a promotion to director of the Southeast region.

Joyce brings nearly 30 years of sales experience in the financial services industry to Promontory MortgagePath. Most recently, she served as a business development executive for client solutions at Opus Capital Markets Consultants, where she was a key member of the mortgage practice business development team. Her responsibilities included generating new logo partnerships as well as designing and delivering end-to-end and component mortgage and consumer lending outsourcing programs. Joyce has also served in business development roles at Computershare Loan Services, Sutherland Global Services, ISGN, LenderLive Network and FISERV.

To learn more about open positions at Promontory MortgagePath, visit https://www.linkedin.com/company/promontorymortgagepathllc/jobs/. 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 that it has hired Jordan Higgins and Kim Joyce as regional vice presidents in the company's sales division. The new hires are the latest result of Promontory MortgagePath's accelerated recruitment efforts.

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

SimpleNexus Makes the Inc. 5000 List of America’s Fastest-Growing Companies for 3rd Year Running

LEHI, Utah /ScoopCloud/ -- SimpleNexus (https://simplenexus.com/), developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, announced it has clinched a spot on the 2020 Inc. 5000. This marks the third consecutive year SimpleNexus has appeared on the Inc. 5000 list, a prestigious ranking of the nation's fastest-growing private companies.

SimpleNexus has achieved staggering growth since its founding in 2014. To date, the mortgage technology firm has connected its 24,000 active loan originator users with 2.8 million borrowers and 113,000 realtor partners to produce nearly 1.8 million loans totaling over $460 billion in volume. The SimpleNexus digital mortgage app is used by more than 250 enterprise clients, including 15 of the top 25 retail lenders in the United States.

"The reason SimpleNexus has flourished is simple: we put delivering value for our customers above all else," said SimpleNexus CEO Matt Hansen. "For years now, more U.S. borrowers and lenders have used SimpleNexus than any other technology of its kind. We look forward to continuing to enable lenders and borrowers to easily complete mortgage loans from anywhere."

"The companies on this year's Inc. 5000 come from nearly every realm of business," said Inc. editor-in-chief Scott Omelianuk. "From health and software to media and hospitality, the 2020 list proves that no matter the sector, incredible growth is based on the foundations of tenacity and opportunism."

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

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 and real estate agents 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 Inc. Media:

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

Twitter: @SimpleNexus @Inc #Inc5000

SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, announced it has clinched a spot on the 2020 Inc. 5000. This marks the third consecutive year SimpleNexus has appeared on the Inc. 5000 list.

Related link: https://simplenexus.com/

LBA Ware Climbs Over 1,000 Spots to Clinch Inc. 5000 for Second Consecutive Year

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 ranked number 2,173 on Inc. magazine's annual Inc. 5000 list, a ranking of the nation's fastest growing companies. This is LBA Ware's second consecutive appearance on the Inc. 5000 list, which represents a unique look at the most successful companies within the American economy's most dynamic segment - its independent small businesses.

"We are thrilled to be recognized on the Inc. 5000 for a second consecutive year, advancing 1,293 spots over last year's ranking," said LBA Ware Founder and CEO Lori Brewer. "LBA Ware's sustained momentum is the direct result of our commitment to helping mortgage lenders resolve their most acute business challenges, from managing incentive compensation to extracting actionable, real-time business intelligence from production data."

Not only have the companies on the 2020 Inc. 5000 been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists as well. The 2020 Inc. 5000 achieved an incredible three-year average growth of over 500 percent, and a median rate of 165 percent. The Inc. 5000's aggregate revenue was $209 billion in 2019, accounting for over 1 million jobs over the past three years.

"The companies on this year's Inc. 5000 come from nearly every realm of business," said Inc. editor-in-chief Scott Omelianuk. "From health and software to media and hospitality, the 2020 list proves that no matter the sector, incredible growth is based on the foundations of tenacity and opportunism."

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

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, 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 Inc. Media:

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

Twitter: @LBAWare @Inc #Inc5000

LBA Ware, a leading provider of incentive compensation management (ICM) and business intelligence (BI) software solutions for the mortgage industry, announced it has ranked number 2,173 on Inc. magazine's annual Inc. 5000 list, a ranking of the nation's fastest growing companies.

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

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

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

A subsidiary of ORNL Federal Credit Union (ORNL FCU), 7 Mortgage successfully launched OpenClose's LenderAssist(tm) LOS and ConsumerAssist(tm) POS in July, delivering an enriched digital mortgage experience for both partner credit unions and the members they serve. 7 Mortgage now offers an array of new features, further distinguishing itself as a premier CUSO for residential mortgage lending.

"I am excited to convert our clients from Mortgage Cadence to OpenClose because it offers versatility, a fresh, modern look and sports a user-friendly format," said Chris Boler, 7 president and CEO. "7 is dedicated to making credit unions stronger through collaboration. By offering a top-tier product like OpenClose to our partners, we are helping our members and our industry thrive."

7's credit union members have access to OpenClose's award-winning platform, which includes a robust digital mortgage point-of-sale solution; a comprehensive, 100 percent browser-based LOS; a flexible, natively built product and pricing engine (PPE); business intelligence and analytics software (BI); mobile device functionality extension; and a RESTful API suite for simple, cost effective integrations.

OpenClose offers a uniquely consolidated digital POS and LOS, along with additional capabilities - all via a single-source software provider, driving real-time member engagement and collaboration throughout the mortgage loan process.

"We are pleased to welcome 7 Mortgage as a new OpenClose partner and are confident its members will gain many benefits from our platform," said Vince Furey, CRO at OpenClose. "Our LenderAssist LOS brings new efficiencies to the table, which transforms mortgage lending for credit unions into an easier, streamlined, member centric process."

Using the new solution, 7 and its members are expected to benefit from OpenClose's #1 rated customer service, better connectivity, reduced operating costs, quicker turn times and expanded options by which to conduct business.

About 7:

Rooted in the seven principles of the credit union movement, 7 is a wholly owned credit union service organization (CUSO) of ORNL Federal Credit Union (FCU) in Oak Ridge, TN. 7 Mortgage, 7 Title, and 7 Insurance are included under the CUSO's umbrella. 7 Mortgage has 26 credit union partners and is licensed in 6 states. The mortgage company specializes in offering tailored mortgage solutions to credit unions throughout the Southeast. For more information, visit 7.coop or call (865) 564-7465.

About ORNL Federal Credit Union:

Chartered in 1948, ORNL FCU is a not-for-profit financial cooperative locally owned and operated by its members for the benefit of all who belong. ORNL FCU represents over 175,000 members and $2.5 billion in assets and serves members and businesses in 19 counties of East Tennessee. For more information, visit ornlfcu.com or call (865) 688-9555.

About OpenClose:

Founded in 1999 and headquartered in West Palm Beach, Florida, OpenClose(r) is a leading enterprise-class, multi-channel loan origination system (LOS), POS digital mortgage and fintech provider that cost effectively delivers its digital platform on a software-as-a-service (SaaS) basis. The company provides a variety of innovative, 100 percent web-based solutions for lenders, banks, credit unions, and conduit aggregators. OpenClose's core solution, LenderAssist(tm), is comprehensive loan origination software that is completely engineered by OpenClose using the same code base from the ground up. The company offers a RESTful API suite that standardizes system-to-system integrations, making them easier to develop, quicker to implement and more cost effective. OpenClose provides lending organizations with full control of their data and creates a truly seamless workflow for complete automation and compliance adherence. For more information, visit https://www.openclose.com/ or call (561) 655-6418.

Media Contacts:
Chris Boler
7, President/CEO
865-560-7499
cboler@7.coop

Joe Bowerbank
Profundity Communications, Inc. for OpenClose
949-378-9685
jbowerbank@profunditymarketing.com

Social Media:
@OpenClose_LOS @7Mortgage #CreditUnionsLOS #CreditUnionsLoanOriginationSoftware #CreditUnionsMortgageAutomation #Mortgage #TitleCompany #Insurance #CreditUnions #CUDifference #RealEstate #EastTennessee #Knoxville #KnoxRocks #KnoxvilleTN #KnoxvilleRealEstate #KnoxvilleRealtor #BuyingAHome #FirstTimeHomebuyer #HomeClosing

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

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

New SimpleNexus eClosing feature enables mortgage lenders to conduct speedy and convenient hybrid closings of purchase and refinance loans

LEHI, Utah /ScoopCloud/ -- SimpleNexus (https://simplenexus.com/), developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced the release of SimpleNexus eClosing, a new feature that enables lenders to conduct hybrid closings for purchase and refinance loans.

In a hybrid closing, borrowers electronically sign (eSign) home loan documents that do not require notarization before meeting with a settlement agent or notary to finalize the closing. As a result, the closing appointment involves signing only a handful of documents and takes only a few minutes instead of an hour or more. Hybrid closings are approved throughout the United States and are available now in SimpleNexus.

Thirty-eight U.S. states also allow full eClosings in which all loan closing documents are eSigned and eNotarized. SimpleNexus will support full eClosings with the planned roll-out of remote online notarization (RON) later this year.

"Hybrid closings enable Mortgage 1 to offer unbeatable safety and convenience by keeping physical closing appointments to a minimum and making loan closings available in the same branded app our customers use to search for a home, fill out a loan application, upload documents and sign disclosures," said Mark Workens, CEO of Mortgage 1, a Michigan-based multi-state lender and early adopter of SimpleNexus eClosing. "We jumped at the opportunity to pilot this new SimpleNexus feature, and we are already closing loans faster and knocking the socks off of customers."

"Borrowers want a hassle-free way to close a home loan that works in or out of quarantine, and lenders want to keep costs in check by closing loans as quickly as possible," said SimpleNexus Senior Product Manager Tyler Prows. "SimpleNexus eClosing delivers on both fronts. Our direct LOS integrations, push notifications and instant chat keep borrowers, settlement agents, closing teams and post-closers engaged at every step for optimal workflow efficiency."

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 and real estate agents 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 #eclosing @MortgageOneHQ

*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 and real estate agents, today announced the release of SimpleNexus eClosing, a new feature that enables lenders to conduct hybrid closings for purchase and refinance loans.

Related link: https://simplenexus.com/

MCT Fortifies Its Team of Mortgage Industry Leaders Before 2020 Market Volatility

SAN DIEGO, Calif. /ScoopCloud/ -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that it appointed two mortgage industry veterans in early 2020 which strengthen its support to the capital markets community during the worldwide pandemic and associated financial turbulence. In each of their roles, Page Woodall, Senior Regional Sales Director, and Dave Bricker, Chief Financial Officer, offer their own mortgage expertise to meet the growing demand for expert leadership during these volatile times.

Through perseverance and the support of the staff at MCT, each of these new hires succeeded in their roles and beyond, despite considerable uncertainty in the capital markets industry and global economy during their first months.

Page Woodall is MCT's Senior Sales Director who has almost twenty years of industry experience. During his time at Nationstar Mortgage (now known as Mr. Cooper), Mr. Woodall had the unique opportunity to start a new Correspondent channel and successfully grow his territory into one of the largest producing territories. He brings a tenacity to MCT to proactively serve his clients and keep them informed through periods of market volatility.

"I was a fan of MCT prior to coming on board, as I had seen all the good work they had done with several of my clients over the years. I am a bigger fan now seeing the total commitment to the client, open communication, and help provided to navigate accounts out of harm's way. I also was moved by Curtis's concern during this crisis for all the employees and the safety of them and their families," said Mr. Woodall.

He is joined by Dave Bricker, who comes on board as MCT's Chief Financial Officer. He has a successful history of varied senior financial roles including CFO, Chief Accounting Officer, SVP of Finance and Chief Auditor. He had previously consulted with MCT prior to coming onboard and was well versed with MCT's customized processes. Mr. Bricker is focused on leveraging his outside expertise to build on the current financial foundation at MCT. In doing so, he hopes to provide senior leaders with better financial information for well-informed decisions. Despite the uncertainty and financial challenges associated with the pandemic, Mr. Bricker was able to have an immediate positive and stabilizing impact on MCT.

"The support that I've received so far has been great from all areas of the company. I've been extremely impressed by the company's ability to pivot to a Work-from-Home workforce so quickly and without negative impact to our clients," Mr. Bricker remarks, "It's as if the company has always operated in this manner."

MCT is grateful that these newest players were able to hit the ground running to keep up with the huge demand by the capital markets industry for market volatility guidance. With their combined experiences and knowledge, they will continue to provide support to MCT and clients, mitigating risk and increasing outcomes during this challenging time.

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.

*PHOTO link for media: https://www.Send2Press.com/300dpi/20-0805s2p-bricker-and-woodall-300dpi.jpg
*Photo caption: MCT's David Bricker, Chief Financial Officer (left) and Page Woodall, Senior Sales Director (right).

Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that it appointed two mortgage industry veterans in early 2020 which strengthen its support to the capital markets community during the worldwide pandemic and associated financial turbulence.

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