Tag Archives: FinTech

FormFree Head of Vendor Management and Compliance Katie King Honored as HousingWire 2020 Women of Influence

ATHENS, Ga. /ScoopCloud/ -- FormFree® Head of Vendor Management and Compliance Katie King has been recognized by HousingWire (HW) as a 2020 Woman of Influence. In its tenth year, the Women of Influence awards program honors 100 women who are "shaping and propelling the mortgage, real estate and fintech industries forward."

King was recognized for her contributions to the housing economy during the 2008 housing market crash and for her role at FormFree, where she oversees all matters relating to compliance, audits, vendor management and enterprise risk. A 20-year veteran of the housing and finance industries, King earned her compliance and government relations bona fides as a senior leader at such organizations as Black Knight Financial Services (NYSE: BKI), Citizen's Bank (NYSE: CFG) and SunTrust Bank (now Truist, NYSE: TFC). As Director of Business Development and Client Relations at Hope LoanPort, King deployed the nation's first consumer-direct portal, which helped 750,000 distressed homeowners access the National Mortgage Settlement.

"Katie's experience has positioned FormFree to excel even in the midst of a public health pandemic," said FormFree CEO Brent Chandler. "Her swift efforts have been instrumental in helping our partners understand that we need to urgently advance industry acceptance of direct-source borrower data to streamline processes, improve security and decrease costs for lenders, servicers, investors and - most importantly - borrowers."

"This year's Women of Influence represent leaders who have faced some of the most unprecedented challenges the housing industry has seen in years," said HousingWire Magazine Editor Kelsey Ramírez. "Their strength set an example of leadership that impacted not just their teams or companies but the industry overall. This was one of the most competitive years we have ever seen for the award."

The full list of HW's 2020 Women of Influence award honorees can be viewed at https://www.housingwire.com/articles/here-are-housingwires-2020-women-of-influence/.

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.

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*Photo caption: FormFree Head of Vendor Management and Compliance Katie King.

Twitter: @RealFormFree @HousingWire

FormFree Head of Vendor Management and Compliance Katie King has been recognized by HousingWire (HW) as a 2020 Woman of Influence. In its tenth year, the Women of Influence awards program honors 100 women who are "shaping and propelling the mortgage, real estate and fintech industries forward."

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

OpenClose Integration with Access Business Technologies Provides Faster Exchange of Loan Data Between LOS and Third-Party Systems

WEST PALM BEACH, Fla. /ScoopCloud/ -- OpenClose®, the industry-leading mortgage fintech provider and omni-channel loan origination system (LOS), announced that it integrated with Access Business Technologies' (ABT) MortgageExchange interface solution, a secure cloud-based environment that enables multiple platforms and applications to share data between disparate systems. Now, OpenClose and ABT are able to conduct business with more lending entities.

ABT's MortgageExchange extracts mortgage loan data fields and properly places all information into the connecting fields within other applications (using respective APIs when available). Each integration is customized between OpenClose and ABT to model the customer's business workflow, which eliminates data input redundancy, prevents errors, and saves time.

"Teaming with ABT allows our mutual customers to instantly access and share accurate data with different software systems both inside and outside of the mortgage industry," says Vince Furey, CRO at OpenClose. "ABT's MortgageExchange enables two-way data flow where relevant information is passed from our LenderAssist LOS to the target platform and from the target platform back to the LOS. This ability provides time savings and increased accuracy by populating client information directly from a system of record. This new integration further supports the fact that OpenClose is the best way to lend from open to close."

Organizations leveraging ABT's MortgageExchange solution do not require additional servers, software, coding, or maintenance. ABT builds fully functional interfaces using custom-configurations that follow the clients' business processes. Engagements for MortgageExchange are completed, tested, and in production within 90 days. OpenClose's RESTful API Suite enabled ABT to efficiently connect to its LenderAssist™ LOS and facilitate the secure transfer of data between advanced workflows that lenders leverage daily. As a result, it is simple for customers using ABT's MortgageExchange to connect to the OpenClose LOS and virtually any other software platform using contemporary APIs.

"Partnering with OpenClose unlocks a lot of doors for lending entities that use the MortgageExchange interface," said Justin Kirsch CEO. "At ABT, everything we design and build lives in the cloud and our teams manage all maintenance and upkeep, freeing lenders from concern or worry about any added cost and time required to maintain applications and the connecting interfaces. We firmly believe that time is money, and our clients invest the time saved building a more profitable operation."

Lenders using the OpenClose and ABT integration receive a report from MortgageExchange that provides full transparency showing what transpired with the data, identifying any issues with the loan data before it is sent to the target software platform, ensuring data accuracy.

About OpenClose:

Founded in 1999 and headquartered in West Palm Beach, Florida, OpenClose® 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™, 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.

About ABT:

Access Business Technologies (ABT) was established in 1999 by mortgage technology veterans who offered the first Infrastructure as a Service "SaaS" products designed specifically for the mortgage industry. With cybersecurity being a critical issue for financial companies, security is at the core of every product and service delivered by ABT. ABT delivers enterprise grade technologies and services to mortgage companies, banks, and credit unions. Our close partnerships with Microsoft, Mortgage Cadence, Ellie Mae, Calyx Software, OpenClose, Jack Henry, Finastra and Fiserv provide us with the unique ability to efficiently deploy mortgage specific technology to your organization regardless of size or monthly loan volume. ABT is the only Microsoft Cloud Solutions Provider "CSP" dedicated to serving only those companies who originate mortgages. Visit ABT's website for additional information https://www.myabt.com/.

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

Social Media: @OpenClose_LOS @Mortgage_Cloud #OpenClose #AccessBusinessTechnologies #LoanOriginationSoftware #FintechLOS #MortgageIntegrations #MortgageExchange

OpenClose®, the industry-leading mortgage fintech provider and omni-channel loan origination system (LOS), announced that it integrated with Access Business Technologies' (ABT) MortgageExchange interface solution.

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

FormFree Taps Jocelyn Crum Brooks, AMP, as National Account Manager

ATHENS, Ga. /ScoopCloud/ -- FormFree(R) has appointed Jocelyn Crum Brooks, AMP, as national account manager. Brooks will leverage her two decades' experience supporting lender relationships with the Federal Home Loan Mortgage Corporation (Freddie Mac) to build new customer relationships and strengthen existing customer engagement with FormFree's flagship products, AccountChek(R) and AccountChek Plus(TM).

"Jocelyn has earned her reputation as a valued partner in guiding lenders through complex pricing, credit performance and technology adoption requirements to achieve outstanding business results," said FormFree Founder and CEO Brent Chandler. "She will play an important role in our mission of empowering lenders to collect and verify borrower financial DNA - including asset, employment and income data - electronically in just minutes."

Prior to joining FormFree, Brooks spent 19 years in various account-facing positions at government sponsored entity (GSE) Freddie Mac, where she led cross-divisional teams to support credit unions', banks' and independent mortgage lenders' successful participation in Freddie Mac programs.

Brooks' work at Freddie Mac earned her numerous awards including the Technology Integration Award for driving lender adoption of technology tools, the Chairman's Award for leadership in client relationship management and the Outstanding Business Results Award for performance excellence. Brooks has earned the Mortgage Bankers Association's Accredited Mortgage Professional (AMP) designation.

"I've dedicated my career to helping drive lender success through education and technology adoption," said Brooks. "I'm thrilled to join FormFree, where I can offer lenders the industry's most trusted and forward-thinking solutions for determining a borrowers' ability to repay."

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.

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*Photo caption: Jocelyn Crum Brooks, AMP.

FormFree has appointed Jocelyn Crum Brooks, AMP, as national account manager. Brooks will leverage her two decades' experience supporting lender relationships with the Federal Home Loan Mortgage Corporation (Freddie Mac) to build new customer relationships and strengthen existing customer engagement with FormFree's flagship products, AccountChek and AccountChek Plus.

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

Top of Mind Networks partners with MobilityRE to fuel mortgage loan officer/real estate agent collaboration through SurefireCRM

ATLANTA, Ga. /ScoopCloud/ -- Top of Mind Networks (Top of Mind), a leader in customer relationship management (CRM) and marketing automation software for the mortgage lending industry, has added game-changing real estate market intelligence, collaboration and analytics tools from MobilityRE to its flagship SurefireCRM.

"Mortgage lenders and real estate agents who forge mutually productive relationships deliver a better homebuying experience, which in turn instills consumer loyalty and feeds growth through word-of-mouth and social sharing," said Top of Mind EVP of Strategic Partnerships Jonas Kruckeberg. "Top of Mind's integration with MobilityRE is among our most exciting, because it gives loan officers the market intelligence they need to seek out highly productive referral relationships - which SurefireCRM then makes easy with built-in solutions for referral partner co-branding."

SurefireCRM provides access to the most extensive property listing coverage of any CRM, allowing lenders to generate Realtor-co-branded websites for individual properties using data and images pulled straight from a listing. As these Single Property Sites collect leads, SurefireCRM automatically goes to work nurturing those leads with co-branded, multi-channel marketing campaigns.

"In today's mortgage market, everyone is using a mobile device to search for a home. With MobilityRE, Realtors can provide a top-quality, mobile-optimized home search experience in a branded app that insulates borrowers from opportunistic competitors," said MobilityRE CEO and Founder Ben Teerlink. "Mortgage originators can then use data insights from our Mortgage Market Intelligence to identify the most productive agents and bring them into SurefireCRM to start building mutually beneficial relationships. Loan officers who follow this approach are seeing tremendous success and really growing their production volumes."

With MobilityRE's Mortgage Market Intelligence (MMI), SurefireCRM customers can assess current marketplace productivity and act on competitive intelligence to build the networks that best support their marketing strategies. For instance, lenders can identify which real estate agents are closing the most loans of a given type within a given geographical area. Lenders can even track agent activity in real time, receiving alerts as Realtors post new listings.

MobilityRE first made a name for itself with its white-labeled home search app. Designed for Realtors and lenders to share with their clientele, the app pulls property information directly from MLS databases, ensuring data accuracy for a superior consumer experience. When new listings hit the market that meet the prospective homebuyer's criteria and credit capacity, MobilityRE automatically alerts Realtors and loan officers so they can proactively schedule home viewings and prepare pre-approval letters.

About Top of Mind Networks:

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

About MobilityRE:

MobilityRE is a rapidly growing technology company whose all-in-one mobile real estate technology solution(tm) is used by thousands of real estate professionals at leading U.S. and Canadian brokerages, including Prudential, 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 on the Multiple Listing Service (MLS). Visit https://mobilityre.com to learn more.

Twitter: @mortgagecrm @MobilityRE #homesearch #mortgagemarketing

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Top of Mind Networks (Top of Mind), a leader in customer relationship management (CRM) and marketing automation software for the mortgage lending industry, has added game-changing real estate market intelligence, collaboration and analytics tools from MobilityRE to its flagship SurefireCRM.

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

Arvest Bank to roll out SimpleNexus mobile-first mortgage platform

LEHI, Utah /ScoopCloud/ -- SimpleNexus (https://simplenexus.com/), developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced that more than 200 retail loan officers at Arvest Bank (Arvest) will soon begin offering borrowers and referral partners a more streamlined mortgage experience powered by SimpleNexus.

Arvest operates more than 270 branches in four states and holds over $20 billion in total assets. Wholly owned subsidiary Arvest Central Mortgage Company (CMC) is a licensed lender and mortgage servicer serving customers in all 50 U.S. states and the District of Columbia. Arvest services a total of $71 billion between Arvest Bank and CMC.

"After handling unprecedented refinance volume and setting new records for purchase transactions for two years running, we knew we needed a world-class technology partner who could tune our mortgage division to work as efficiently as possible," said Matt Kendall, executive director of administrative operations for Arvest Central Mortgage Company. "At the same time, delighting customers with a positive mortgage transaction is priority number one. SimpleNexus was the clear choice with its simple, cohesive, omni-channel experience that lets loan officers focus on delivering personalized service instead of chasing tasks."

SimpleNexus' full-featured mortgage origination toolset is built with mobile in mind but works from any device. For instance, borrowers can start a loan application on a desktop computer and finish it on a mobile phone, and loan officers can order credit reports, run pricing, send pre-approvals and sign disclosures from the field using a mobile device. The platform unites loan officers, borrowers and referral partners throughout the loan life cycle for easy communication, efficient document exchange and transparent milestone updates.

Because Arvest services the majority of the loans it originates, maximizing portfolio retention is an important part of the company's financial risk management strategy. SimpleNexus helps keep customer relationships "sticky" by delivering a memorably simple mortgage experience through a branded app that stays on consumers' phones long after the loan closing. When the borrower is ready for a refinance or new purchase loan, SimpleNexus makes it easy to get back in touch with the loan officer and real estate agent from their last transaction.

"Regional banks are finding their mortgage divisions perform best when powered by technologies purpose-built for making loan teams more productive and the customer experience less burdensome," said SimpleNexus Founder and CEO Matt Hansen. "SimpleNexus understands that a stellar customer experience doesn't have to come at the cost of operational efficiency. We're delighted to work with Arvest Bank to create strikingly simple mortgage transactions that will keep customers coming back."

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 Arvest:

Arvest Bank operates more than 270 bank branches in Arkansas, Oklahoma, Missouri and Kansas through a group of 14 locally managed banks, each with its own board and management team. These banks serve customers in more than 135 communities, with extended weekday banking hours at many locations. Arvest provides a wide range of banking services including loans, deposits, treasury management, credit cards, mortgage loans and mortgage servicing. Arvest also is one of a select few banks in the nation to have its mobile app - Arvest Go - certified by J.D. Power for providing an outstanding mobile banking experience. Arvest is an Equal Housing Lender and Member FDIC. For more information, visit https://www.arvest/com.

About Arvest Central Mortgage Company:

Arvest Central Mortgage Company (CMC) is a subsidiary of Arvest Bank, servicing and subservicing $61 billion in mortgages for more than 280,000 customers. CMC is an approved servicer of Fannie Mae, Freddie Mac and Ginnie Mae loans, and is in good standing with HUD and the VA. Additionally, Moody's Investors Service has rated CMC as an SQ2 primary servicer of prime residential mortgage loans. Fitch Ratings has rated CMC as an RPS 2+ residential mortgage primary servicer for its prime product. For more information, visit https://www.arvestcentralmortgage.com.

Twitter: @SimpleNexus @ArvestBank #digitalmortgage #mortgagelending

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SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced that more than 200 retail loan officers at Arvest Bank (Arvest) will soon begin offering borrowers and referral partners a more streamlined mortgage experience powered by SimpleNexus.

Related link: https://simplenexus.com/

Independent Bankers Association of Texas Announces Promontory MortgagePath as Its Newest Endorsed Service Provider

AUSTIN, Texas /ScoopCloud/ -- The Independent Bankers Association of Texas (IBAT) is pleased to announce that Promontory MortgagePath, LLC (PMP) has been selected as the newest IBAT Endorsed Service Provider for its ability to deliver a tailored, modern and cost-effective set of mortgage solutions. PMP combines an intuitive, collaborative digital-mortgage platform with comprehensive fulfillment services, giving banks the cutting-edge technology and scalability required to compete in today's market.

Banks partnering with PMP determine their own product and loan pricing strategies while PMP handles the rest. With PMP, banks can field their own loan officers to co-pilot the application process and collaborate with their borrowers via PMP's proprietary point-of-sale, Borrower Wallet(r). PMP processes and underwrites each loan using client-provided business rules and closes in the bank's name.

"IBAT is thrilled to add Promontory MortgagePath to our roster of top-quality endorsed service providers," said Christopher Williston, IBAT president and CEO. "As our members know all too well, the financial services landscape is changing and that includes the need to provide an efficient and effective mortgage experience that community bank customers expect. We look forward to our new relationship and the value it will provide Texas community bankers."

This game-changing technology is required to help community banks retain and acquire customers who are increasingly demanding a digital experience. With the current challenges to in-person interactions magnified by the COVID-19 pandemic, the ability to transact digital mortgage services becomes even more critical to success.

In these early stages of economic recovery, the anticipated refinance, HELOC and first-time-homebuyer activity offers community banks an opportunity to acquire new mortgage customers. With PMP's solutions, banks benefit from increased efficiencies and a scalable business model while offering their customers an intuitive and modern digital-mortgage experience.

"For community banks, service is the big differentiator. Our digital platform and fulfillment models enable clients to deliver an exceptional customer experience with increased scalability and efficiency," said Paul Katz, managing director and head of bank relations at Promontory MortgagePath. "Times like these underscore the value of a solution that blends great service with innovative technology," he added.

PMP's founder, former U.S. Comptroller of the Currency Gene Ludwig, has been committed to community- and regional banking for decades. He has channeled his expertise as a former federal regulator into creating companies and products to improve the competitive posture of community banks while retaining a focus on compliance, including Promontory Interfinancial Network (PIN) and Promontory Financial Group.

Ludwig brought this same dedication to innovation, service, risk management and compliance excellence to Promontory MortgagePath. Compliance is deeply ingrained in its technology development and at the forefront of its fulfillment solutions. Banks partnering with PMP will get a customized, data-driven solution that results in more-compliant loans.

For more information about IBAT's endorsement of PMP, visit www.ibatservices.com.

About the Independent Bankers Association of Texas

Formed in 1974, the Independent Bankers Association of Texas (IBAT) represents Texas community banks. The Austin-based group is the largest state community banking organization in the nation with membership comprised of more than 2,000 banks and branches in 700 Texas communities. Providing safe and responsible financial services to all Texans, IBAT member bank assets range in size from $21 million to $31 billion with combined assets statewide of $193 billion. IBAT member banks are committed to supporting and investing in their local communities.

About Promontory MortgagePath | 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 businesses. Their tailored, modern and cost-effective set of mortgage solutions help lenders remain competitive in a rapidly-changing mortgage market. Promontory MortgagePath combines an intuitive, collaborative digital-mortgage platform with comprehensive fulfillment services, giving lenders the cutting-edge technology and scalability required to compete in today's residential mortgage market, profitably. The company's founder, former U.S. Comptroller of the Currency Gene Ludwig, is widely recognized as a far-sighted 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, visit https://www.mortgagepath.com/.

The Independent Bankers Association of Texas (IBAT) is pleased to announce that Promontory MortgagePath, LLC (PMP) has been selected as the newest IBAT Endorsed Service Provider for its ability to deliver a tailored, modern and cost-effective set of mortgage solutions.

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

Valligent Technologies Hires Walter Allen as EVP of Digital Transformation

ROSEVILLE, Calif. /ScoopCloud/ -- Valligent Technologies (Valligent), the mortgage industry's residential valuation technology trendsetter, announced today that it has hired Walter Allen as executive vice president of digital transformation.

Within this position, Allen is charged with driving change and implementing Valligent's digital and technology strategy in key areas of appraisal alternatives, alternative inspections and cloud adoption. This role was created as part of Valligent's strategy to increase adoption of its award-winning virtual appraisal through partnerships and new client acquisition.

Prior to joining Valligent, Allen was an executive with CoreLogic Solutions. During his 13 years with the company, he developed successful strategies for capital markets clients including Morgan Stanley and Deutsche Bank, and later with federal agencies in the government solutions group, where he managed engagements and provided solutions for FHFA, OCC, HUD, Freddie Mac and others.

"Valligent's proprietary virtual inspection and appraisal process answers a longstanding mortgage industry problem: how to drastically expedite the appraisal workflow with a faster, more efficient valuation that doesn't sacrifice quality," said Allen. "Surprisingly, more companies haven't adopted it, but that's about to change. I'm extremely energized by this opportunity."

The technology behind Valligent's virtual appraisal enables an inspector to complete a comprehensive inspection without being at the property. With the time saved in visiting the property, the virtual appraisal can be completed in as little as one day. Typical traditional appraisal delivery times range from five to ten days.

"The need for the virtual appraisal is paramount, particularly at this time," said Jeremy McCarty, CEO of Valligent Technologies. "With lenders busier than ever, time and efficiency are key to preventing fall out and closing deals on time. Walter understands the value of the technology and the necessity of our solution. We're happy to have someone of his caliber on board."

About Valligent Technologies

Valligent Technologies is an award-winning, provider of residential valuation solutions employing patent pending processes and technologies. Over the past year, the company's Virtual Appraisal has gained significant attention among lenders, government entities and the media as the industry's first 100% regulatory compliant full interior inspection appraisal that can be completed in as little as one day, rather than the typical five to ten days. Valligent, which counts among its customers hundreds of banks, credit unions, and financial institutions, was established in 2002 and is based in Roseville, California.

For more information, visit: https://valligent.com/

Valligent Technologies (Valligent), the mortgage industry's residential valuation technology trendsetter, announced today that it has hired Walter Allen as executive vice president of digital transformation.

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

DocMagic and Simplifile Team to Advance eClosing Adoption, eNotarizations, and eRecordings

TORRANCE, Calif. /ScoopCloud/ -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced it has partnered with leading real estate document collaboration and recording technology provider Simplifile to deliver new process efficiencies that further digitize the closing process, including post-closing automation. Simplifile is part of ICE Mortgage Services, which applies technology and high-capacity infrastructure to make the mortgage process electronic and more efficient.

DocMagic's Total eClose(TM) platform is a single-source platform that eliminates paper and offers major advantages over piecemealed providers that only address components of the overall eClosing process. The integration between Total eClose and Simplifile's Collaboration and Post Closing services includes access to Simplifile's eEligibility data for eNotarization acceptance.

Further, loan closings done through DocMagic's Total eClose platform can now be automatically routed to the settlement agent thorough Simplifile for electronic closing coordination, thus streamlining access to DocMagic's Total eClose room for the eClosing. The digital lift continues beyond the closing table with integrated eRecording with participating counties. Those recorded documents and the title policy are then returned electronically along with associated recording metadata to the lender.

"This integration further streamlines the post-closing process by extending the eClosing process to include county recordings," stated Dominic Iannitti, president and CEO of DocMagic. "Our partnership with Simplifile provides their vast network of more than 39,000 settlement agents with easy access to DocMagic's Total eClose services."

Using Simplifile, agents can seamlessly connect to all of DocMagic's eClose-enabled lenders in one place to exchange documents, data and closing logistics, thus enabling them to more easily support lenders' eClosing initiatives. In addition, Simplifile provides eClosing support and training to all agents to help drive adoption and success of eClosing efforts.

"Process consistency is key to driving eClosing adoption with lender closing teams and settlement agents, regardless of what percentage of loans qualify to be closed digitally or where individual loans fall on the digital spectrum," said Paul Clifford, president of Simplifile. "The combination of DocMagic's proven eClosing technology and Simplifile's settlement agent network creates a powerful foundation that enables lenders to scale their digital mortgage efforts as jurisdictional and investor requirements allow and capture every drop of efficiency and cost-savings possible."

DocMagic's Total eClose platform, coupled with its dynamic document generation service, establishes a single-source solution that intelligently digitizes documents from initial disclosures through closing documents. STRATMOR Group's 2019 Mortgage Technology Insight Study ranked Total eClose(TM) the eClosing leader based on market share, overall satisfaction and lender loyalty. Further, the survey also ranked the company as having the highest market share in the document generation category.

The integration with Simplifile extends automation of the process through post-closing to ensure final documents, data and fee information are returned to the lender after recording is complete, which provides lenders with greater control over the process.

About DocMagic:

DocMagic, Inc. is the leading provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions for the mortgage industry. Founded in 1987 and headquartered in Torrance, Calif., DocMagic, Inc. develops software, mobile apps, processes and web- based systems for the production and delivery of compliant loan document packages. The company's compliance experts and in-house legal staff consistently monitor legal and regulatory changes at both the federal and state levels to ensure accuracy. For more information on DocMagic, visit https://www.docmagic.com/.

About Simplifile:

Simplifile, part of Intercontinental Exchange, is the nation's largest e-recording network, and connects settlement agents and county recorders via its e-recording service. It also offers collaboration tools and post-closing visibility for mortgage lenders and settlement agents working together on real estate documents. Through Simplifile, users can securely record, share and track documents, data and fees with ease. To learn more, visit https://simplifile.com or call 800.460.5657.

About Intercontinental Exchange:

Intercontinental Exchange (NYSE: ICE) is a Fortune 500 company formed in the year 2000 to modernize markets. ICE serves customers by operating the exchanges, clearing houses and information services they rely upon to invest, trade and manage risk across global financial and commodity markets. A leader in market data, ICE Data Services serves the information and connectivity needs across virtually all asset classes. As the parent company of the New York Stock Exchange, the company is the premier venue for raising capital in the world, driving economic growth and transforming markets.

Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange. Information regarding additional trademarks and intellectual property rights of Intercontinental Exchange, Inc. and/or its affiliates is located at http://www.intercontinentalexchange.com/terms-of-use. Key Information Documents for certain products covered by the EU Packaged Retail and Insurance-based Investment Products Regulation can be accessed on the relevant exchange website under the heading "Key Information Documents (KIDS)."

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 -- Statements in this press release regarding ICE's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE's Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors in ICE's Annual Report on Form 10-K for the year ended December 31, 2019, as filed with the SEC on February 6, 2020.

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

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Tickers: NYSE: ICE / NYSE:ICE / NY: ICE

DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced it has partnered with leading real estate document collaboration and recording technology provider Simplifile to deliver new process efficiencies that further digitize the closing process.

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

Enhanced integration between SimpleNexus and Top of Mind’s SurefireCRM helps mortgage lenders curb abandoned applications, build books of business

ATLANTA, Ga. /ScoopCloud/ -- Top of Mind Networks (Top of Mind), a leader in customer relationship management (CRM) and marketing automation software for the mortgage lending industry, has added two-way data sync to its integration with digital mortgage app SimpleNexus. The enhanced integration enables mortgage lenders to automate marketing efforts during the pre-application phase, reducing the number of abandoned applications and capturing lead information for future marketing purposes.

"Mortgage lenders don't always have a good system in place for following up with early-stage loan applicants. That's because marketing automation efforts often rely on contact records that aren't created until the loan application is 100% complete," explained Top of Mind EVP of Strategic Partnerships and Industry Relationships Jonas Kruckeberg. "Top of Mind's integration with SimpleNexus solves that problem by pushing contact details to SurefireCRM as soon as the application is begun, enabling mortgage lenders to deploy marketing communications during the pre-application phase."

For instance, originators can use the integration to set up workflows that automate follow-up with borrowers who begin, but do not complete, a mortgage application. According to Kruckeberg, sometimes that extra communication is all that's needed to push a loan application across the finish line. Even if the borrower never finishes the application, data sharing between SimpleNexus and Top of Mind ensures mortgage loan officers can follow up down the road with rate opportunity alerts and other timely outreach. And with the latest updates to the integration, data flows both ways; with the push of a button, loan officers can fetch new or updated contacts from SurefireCRM and import them into SimpleNexus.

"Staying connected with borrowers-whether they are buying today or a few years down the road-is essential to increasing conversions and giving those customers the best experience around," said SimpleNexus CEO Matt Hansen. "With integration and two-way sync with Top of Mind's SureﬁreCRM, SimpleNexus helps loan officers win the business when the time is right."

About Top of Mind Networks:

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

About 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: @mortgagecrm @SimpleNexus #marketingautomation #mortgagemarketing #digitalmortgage #domore

Top of Mind Networks (Top of Mind), a leader in customer relationship management (CRM) and marketing automation software for the mortgage lending industry, has added two-way data sync to its integration with digital mortgage app SimpleNexus.

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

MortgageCountry Perfects the eClosing Process – Goes Live with DocMagic’s Custom-Configured Total eClose™ Solution and Dynamic Document Preparation Service

TORRANCE, Calif. /ScoopCloud/ -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that MortgageCountry, a newly formed mortgage banker, has implemented its Total eClose(TM) platform and dynamic document preparation service. Since its launch, the lender has set a new standard for speed -closing loans in an average of 13 calendar days during the first two months of lending aided by DocMagic's 100 percent digital e-enabled documents working seamlessly with its eClosing interface, dramatically enhancing the client experience.

MortgageCountry identified a gap in the industry, dominated by large independent mortgage bankers and financial institutions after the financial crisis, which has significantly increased the consumer cost of a mortgage. The primary reason for rising consumer cost is the industry's reliance on a large outside sales infrastructure, absorption of mortgage brokers, and corporate expense allocations throughout the banking industry.

MortgageCountry is committed to reversing this negative trend while providing best-in-class products and services. Consequently, MortgageCountry partnered with the best of the best technology partners to provide an intuitive and simple platform that meets clients everywhere and anywhere.

MortgageCountry invested a substantial amount of time arriving at a long-term technology strategy that would completely set it apart from competitors. Their vendor due diligence and planning process was extensive, according to MortgageCountry, which entailed close collaboration with DocMagic's eClosing team to fine-tune the process from start to finish.

"To be successful in today's fast-moving, rapidly changing lending landscape, implementing the right technology is business-critical to disrupt an industry plagued with good ideas but poor execution," stated Sheila Salvitti, Director of Communications and Social Media at MortgageCountry. "MortgageCountry has successfully delivered on our promise to make the client experience as simple, quick and easy as possible. After DocMagic tailored Total eClose to our business needs and swiftly implemented the platform, we were flawless from the outset."

Salvitti continued: "DocMagic completely exceeded our expectations, helping us make our origination and closing process next-level efficient and creating a second-to-none closing experience for our clients. After seeing the level of perfection achieved, we knew we chose the right technology partner to realize our belief that the sky is the limit."

MortgageCountry reported that its clients consistently found the process intuitive, speedy and transparent by providing the complete closing documents well ahead of closing. Clients also stated that the process was much more comfortable than their prior experiences because they were able to review and sign the closing documents without the pressure of someone looking over their shoulder, and they valued the ability to sign on their own time without a rigid schedule.

MortgageCountry implemented a technology-forward, intuitive, and client-centric lending platform that meets clients everywhere and anywhere, and is complemented by a dedicated client experience team of industry gurus that are available to chat six days a week, 12 hours a day. MortgageCountry has found the right balance between technology and service to change the way consumers think about the mortgage process.

According to MortgageCountry, paramount to the solution was the utilization of DocMagic's dynamic, intelligent, data-driven loan documents and disclosures combined with Total eClose, which ensures that all data and docs match every step of the way for compliance adherence and the prevention of fraud. Via an integration with MortgageCountry's new loan origination system (LOS), DocMagic seamlessly and bi-directionally exchanges relevant loan data to complete transactions. MortgageCountry credits the ability to start from "scratch" as a competitive advantage in today's landscape where lenders are slow to adopt technology that drives efficiency and client satisfaction.

"It was a pleasure collaborating with the tech-savvy, forward-thinking team at MortgageCountry in a combined effort to master the eClosing process before they ever funded a single loan," stated Dominic Iannitti, President and CEO of DocMagic. "The unprecedented success we had with the solution configuration, troubleshooting and implementation of the platform helped setup MortgageCountry to be one of the most efficient independent mortgage bankers in the country. Using our combined docs and eClosing solutions, they have established a clear competitive advantage while also future-proofing their organization with the most contemporary, innovative technology in the industry."

Of note is that one of MortgageCountry's core underlying missions is to support local communities by donating five percent of its profits. MortgageCountry is fulfilling this mission by funding charities that are important to their clients, which also increases visibility of countless incredible organizations through their philosophy that "what is important to you is important to us."

In addition, MortgageCountry stated that it adopted a fully distributed business model from the outset - a key ingredient of its growth strategy. MortgageCountry is running its business virtually and much more cost effectively, avoiding the overhead required to house employees in corporate locations by implementing a 100 percent browser-based technology that is accessible from anywhere, anytime and any device with an internet connection. MortgageCountry believes its employees should work where they want, when they want and how they want. This affords MortgageCountry the ability to hire the most talented associates without geographic limitations.

About DocMagic:

DocMagic, Inc. is the leading provider of fully compliant loan document preparation, compliance, eSign and eDelivery solutions for the mortgage industry. Founded in 1987 and headquartered in Torrance, Calif., DocMagic, Inc. develops software, mobile apps, processes, and web- based systems for the production and delivery of compliant loan document packages. 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 MortgageCountry:

MortgageCountry, LLC is a direct mortgage lender built to reduce the cost of a mortgage through forward-thinking technology and a re-engineered mortgage process. MortgageCountry is reshaping the mortgage landscape by delivering the "best-in-market" product and unparalleled client experience. Founded in 2019, MortgageCountry has a fully distributed business model attracting the most talented associates without geographic limitations. MortgageCountry is committed to supporting local communities through our philosophy: What is important to you is important to us. For more details about MortgageCountry, visit http://www.mortgagecountry.com/ and follow us on Instagram @MortgageCountry.

Social Media: @DocMagic @MortgageCountry #DocMagic #ComprehensiveEclosings #TotaleClose #DynamicDocumentPreparation #MortgageCountry #TechSavvyLender #GivingBack

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

DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that MortgageCountry, a newly formed mortgage banker, has implemented its Total eClose platform and dynamic document preparation service.

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

SimpleNexus launches ConnectUs Chat to facilitate real-time loan file collaboration between loan teams, borrowers and real estate agents

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 ConnectUs Chat, a messaging feature that enables real-time loan file collaboration between loan originators (LOs), borrowers and real estate agents within the SimpleNexus platform.

SimpleNexus ConnectUs Chat centralizes loan file communication, making it easy for LOs and borrowers to reference past conversations and collaboratively advance loan progress in real time using the SimpleNexus mobile app or desktop experience. This direct communication channel lets borrowers receive support in the same place they sign forms and submit documentation for their loan. Vital borrower conversations are automatically logged in the SimpleNexus app, eliminating the need for LOs to consolidate communications from various personal and business communication channels.

SimpleNexus plans to enhance ConnectUs Chat with the introduction of two additional features later this year. The Team Members feature will connect extended loan teams to ConnectUs Chat, improving borrower access to support and facilitating internal loan team communication. Another update will allow parties to communicate "in context" by integrating loan file screenshots into the chat window.

"ConnectUs Chat boosts lender productivity by bringing loan tasks and borrower communication together in one place without detracting from the high-touch, 'from anywhere' loan experience consumers expect," said SimpleNexus Senior Product Manager Tyler Prows. "Our customers' enthusiastic response to ConnectUs Chat is a testament to the SimpleNexus product team's focus on developing innovative features that meet the needs of the market."

ConnectUs Chat 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 May 2020 release of SimpleNexus Closing Portal 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 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 #domore

SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced the release of SimpleNexus ConnectUs Chat, a messaging feature that enables real-time loan file collaboration.

Related link: https://simplenexus.com/

SimpleNexus and Optimal Blue enhance integration to deliver fully integrated mobile rate-locking solution

LEHI, Utah /ScoopCloud/ -- SimpleNexus (https://simplenexus.com/), developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced significant enhancements to its integration with Optimal Blue, the leading provider of secondary marketing solutions and data services in the mortgage industry. The combined solution is the industry's first to enable loan originators to lock loan pricing from a mobile device.

Now, mutual customers of SimpleNexus and Optimal Blue can run pricing scenarios and request rate locks directly from the SimpleNexus mobile or web application. Two-way data integration between SimpleNexus, Optimal Blue and the lender's loan origination system streamlines the lock request process to minimize manual data entry, advancing loan originators straight to the results page whenever possible.

"Loan pricing can change throughout the day with little advance warning, especially in today's turbulent market," said SimpleNexus COO Ben Miller. "The ability to rapidly lock a loan from a mobile device puts loan originators at a tremendous advantage, enabling them to more effectively manage high volume and close more deals."

Optimal Blue has seen record-setting system volume every month since February 2020, with clients using its enterprise product eligibility and pricing engine to lock well over $1 trillion in mortgage volume in the last 12 months alone.

"To handle today's unprecedented level of activity, lenders need to leverage integrations that create efficiencies and make rate locking processes more scalable and effective" explained Optimal Blue Vice President of Marketing and Strategic Alliances Bob Brandt. "Optimal Blue's integration with SimpleNexus puts accurate mortgage rates at the fingertips of borrowers and loan officers - no matter what device they're using."

For more information, visit https://simplenexus.com/sn/partners/optimal-blue/.

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 Optimal Blue:

Optimal Blue's Marketplace Platform connects the industry's largest network of originators, investors, and providers. More than $1 Trillion of transactions are processed across the platform each year, facilitating a broad set of secondary market interactions like pricing, locking, hedging, and trading of mortgage loans. For more information, please visit https://www2.optimalblue.com/.

Twitter: @SimpleNexus @OptimalBlue #digitalmortgage #mortgagevolume #ratelocking #mobilefirst #integrations

*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 significant enhancements to its integration with Optimal Blue, the leading provider of secondary marketing solutions and data services in the mortgage industry.

Related link: https://simplenexus.com/

IDS Expands Settlement Agent Roles in Solitude Solution

SALT LAKE CITY, Utah /ScoopCloud/ -- Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it has updated and expanded several features within its eClose platform Solitude Solution to streamline the closing ceremony and better support the settlement agent's role in the closing process.

Settlement agents now have the ability to view the signing progress alongside borrowers in the eSign Room, making it easier for agents to answer questions that may arise during the closing ceremony. Additionally, settlement agents have access to view all documents in the closing package, rather than just those assigned to the agent as a task.

"By granting more access to settlement agents, we have enabled our clients to more efficiently manage borrower inquiries and keep their process moving," said IDS Vice President and General Manager Mark Mackey. "This change also helps our clients build borrower trust by equipping agents with the knowledge to support each closing package."

To further enhance the efficiency of the process, agents can print wet-signed documents prior to the note date in preparation for the closing ceremony, saving time at the table. Agents also have the capability to create eSign, wet sign or acknowledgement documents and upload them during the preview phase. This functionality simplifies the closing process for the borrower by allowing settlement agents to add their proprietary documents into the final closing package for signing in advance, for their review.

"These updates have been made in IDS' ongoing effort to offer our clients and their borrowers the best possible experience," said Mackey. "Digital closings are constantly evolving, as is Solitude Solution. The role updates will allow settlement agents to more easily complete tasks and lend to a smoother closing process."

About IDS, Inc.

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

Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it has updated and expanded several features within its eClose platform Solitude Solution to streamline the closing ceremony and better support the settlement agent's role in the closing process.

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

The Jacobsen Announces Release of Sage, a New Augmented Intelligence Platform

BOULDER, Colo. /ScoopCloud/ -- The Jacobsen has announced the release of their new augmented intelligence platform for commodity price forecasting, named Sage. "We are the first price reporting agency to release a forecasting product built on machine learning and augmented intelligence in our niche," states John Donicht, President of The Jacobsen.

The Sage platform does the heavy data analysis, comparisons, and algorithm adjustments to improve the price forecasting on a continual basis. Every report generated by Sage is reviewed by a senior team of analysts to interpret the data and ensure the patterns make sense.

Over the last two years, The Jacobsen invested heavily in refining their forecasting ability, in some cases, the forecasting has a margin of error of less than 1% of the actual price.

"It's rather amazing to see how close the machine algorithms hit the mark," said George Morris, Dir of Sales and Marketing, "while past success does not predict future results, it's still far better than purely human-based forecasting methods of the past."

To add fuel to their efforts to be the leader in commodity price forecasting, The Jacobsen also announced the hiring of Hamed Khoojinian, to Head up Machine Learning and the future development of Sage. Hamed has over ten years of experience in R&D, biophysics, nanotechnology, including machine learning. The new position will ensure Sage has a bright future at The Jacobsen.

"Price forecasting is just the start of where Sage can be applied," Khoojinian said, "any business process utilizing data is subject to improvement with the addition of Sage."

For more information about Sage, please visit The Jacobsen website at https://thejacobsen.com/sage

Media Contact:
George Morris
The Jacobsen
george@thejacobsen.com
303-775-4213

The Jacobsen has announced the release of their new augmented intelligence platform for commodity price forecasting, named Sage. "We are the first price reporting agency to release a forecasting product built on machine learning and augmented intelligence in our niche," states John Donicht, President of The Jacobsen.

Related link: https://thejacobsen.com/

IDS Inks Exclusive Partnership Agreement with Mortgage Builder

SALT LAKE CITY, Utah /ScoopCloud/ -- Mortgage document preparation vendor International Document Services, Inc. (IDS), announced today it has expanded its partnership to become the exclusive integrated document preparation vendor of Mortgage Builder, a provider of award-winning mortgage loan origination and servicing software. The newly rebuilt integration now fully incorporates the IDS eSignature platform and custom form generation capability.

The partnership includes the migration of Mortgage Builder's client base to idsDoc, IDS' flagship document preparation platform, which is recognized for unequalled customization and superior customer service. In addition, the integration supports new data points to meet more recent demands and upcoming needs, including TRID documents, eClosing process fields and impending URLA updates.

"There has been a concerted effort to modernize the aesthetics and functionality of the Mortgage Builder platform under the new leadership direction of Mortgage Builder's parent company Constellation Mortgage Solutions," said IDS Vice President and General Manager Mark Mackey. "IDS is honored to be one of a handful of vendors Mortgage Builder has chosen to help transform its award-winning platform into one built for the digital mortgage era, and we are eager to expand our partnership with Mortgage Builder to deliver an enhanced digital lending experience to our mutual clients."

Featuring enhanced system-to-system connectivity and seamless data transfer using the MISMO Version 3.4 data standard, the integration utilizes idsDoc for all document preparation within Mortgage Builder. In addition, specified data input enables Mortgage Builder to remain the single system of record, while still allowing the completion of custom and state fields. Through this interface, users are able to review the IDS compliance audit report to see what needs to be updated in Mortgage Builder and to draw from IDS's wide library of official, custom and state-specific documents.

"Mortgage Builder is pleased to strengthen our existing relationship with IDS," said Stephen Ryczek, President and General Manager of Mortgage Builder. "Our commitment to exceptional customer service and dedication to the highest level of compliance available in the loan origination software space are the perfect fit for this exclusive relationship moving forward. IDS's proven track record makes them the ideal technology partner, and we are eager to bring this new and improved capability set to our already robust loan origination and servicing platform."

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 www.mortgagebuilder.com.

About IDS, Inc.

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

Mortgage document preparation vendor International Document Services, Inc. (IDS), announced today it has expanded its partnership to become the exclusive integrated document preparation vendor of Mortgage Builder, a provider of award-winning mortgage loan origination and servicing software.

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

Centier Bank Slashes Man-Hours Spent Calculating Incentive Compensation by 99% with LBA Ware’s CompenSafe

MACON, Ga. /ScoopCloud/ -- LBA Ware(TM), a leading provider of incentive compensation management (ICM) and business intelligence software solutions for the mortgage industry, today announced that Centier Bank (Centier), Indiana's largest private, family-owned bank, has implemented CompenSafe(TM) to automate incentive compensation for its residential lending department.

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. Bryan Traylor, SVP of Residential Lending for Centier, learned from several peer banks that CompenSafe had enabled them to manage incentive compensation with greater efficiency and accuracy.

The bank fully deployed CompenSafe across its 90-person residential lending team in February. "With CompenSafe, the process is click a button and get your compensation calculated," Traylor said, noting that CompenSafe has eliminated human errors related to manual calculation of the bank's tiered compensation structure.

"As a 125-year-old, family-owned bank, we are deeply rooted in the communities we serve - but that doesn't mean we're old-fashioned," added Traylor. "With CompenSafe, we are able to calculate incentive compensation with perfect accuracy in five minutes - a task that used to take two people a combined 16 hours per month. That efficiency allows our people to spend more of their time serving customers with the personal touch that is our hallmark."

"We are proud to have earned a reputation for helping community banks keep internal resources focused on serving customers, not crunching numbers," said LBA Ware Founder and CEO Lori Brewer. "No matter the number or complexity of compensation arrangements, CompenSafe makes incentive compensation effortless and error-free."

About LBA Ware(TM):

LBA Ware is a leading provider of cloud-based software for mortgage lenders. Since 2008, LBA Ware has been on a mission to help mortgage companies reach new heights with software that integrates data, incentivizes performance and inspires results. Today, 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://www.lbaware.com/.

About Centier Bank:

Centier Bank is Indiana's largest private, family-owned bank, with 62 branches statewide and over 900 employees. The bank has retail banking locations in Allen, Boone, Elkhart, Hamilton, Lake, La Porte, Marion, Marshall, Porter, St. Joseph and Tippecanoe Counties in Indiana. The bank was recently named the #1 Bank in Indiana by Forbes Magazine. Centier has been named a "Best Bank to Work For" in Indiana by American Banker and has achieved Hall of Fame among the Indiana Chamber of Commerce's "Best Places to Work For."

LBA Ware, a leading provider of incentive compensation management (ICM) and business intelligence software solutions for the mortgage industry, today announced that Centier Bank (Centier), Indiana's largest private, family-owned bank, has implemented CompenSafe to automate incentive compensation for its residential lending department.

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

SimpleNexus and Mortgage Coach expand integration with real-time data syncing for instant analysis of lifetime loan costs

LEHI, Utah /ScoopCloud/ -- SimpleNexus (https://simplenexus.com/), developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, has expanded its integration with Mortgage Coach (https://www.mortgagecoach.com), making it easier than ever for loan originators to give borrowers the clear, accurate comparison of loan products and scenarios needed to make informed mortgage decisions.

With the integration of SimpleNexus and the Mortgage Coach Total Cost Analysis (TCA), every borrower who applies for a mortgage loan using the SimpleNexus digital mortgage app immediately receives a TCA. A recent update to the integration enhances the borrower experience by updating key loan information in real time and enabling loan professionals to incorporate video narration into TCAs from within the SimpleNexus app. As applicants progress through the origination process, the accurate analysis adjusts instantly, allowing loan professionals to provide clear advice faster and measurably convert more leads into loans.

Loan originators at Strongsville, Ohio-based Union Home Mortgage have seen faster commitments and more complete loan applications with the combined solution, having delivered 20,000 personalized Mortgage Coach TCA presentations in the last 90 days alone with the new automation.

"Originators need to give people options, but creating manual comparisons for every loan applicant is impractical," said Union Home CIO Mark Langhans. "We love the way Mortgage Coach frames up cost analysis in an easy-to-consume format that originators can walk borrowers through in minutes - and the integration with SimpleNexus makes it even easier for us to leverage this powerful strategy. Even more telling than the number of presentations delivered is the number of borrower views and shares those TCAs have received."

"What's special about this integration is that it starts a conversation that frequently brings a close to the borrower's rate shopping," said SimpleNexus CEO Matt Hansen. "It's all about building trust, re-engaging and ultimately converting customers who have started a loan application but might not otherwise finish it."

"Lenders serve borrowers best - and simultaneously enjoy the highest profitability - when they put a wide array of loan products, services and scenarios in front of every applicable customer," explained Mortgage Coach President Joe Puthur. "The Mortgage Coach Total Cost Analysis helps lenders make financing available to more borrowers while addressing key compliance concerns, reducing pricing exceptions and closing more deals - all with the personalized touch that is critical to brand consistency."

The new innovation, announced today, makes easy-to-understand loan comparisons available for every borrower. Together, Mortgage Coach and SimpleNexus help loan originators position themselves as trusted financial advisors in any client situation. For example, the dynamic TCA helps borrowers understand the impacts of renting versus owning, buying now versus waiting or adjusting the size of their down payment. The now fully integrated experience supports any mortgage scenario, resulting in faster borrower conversion, increased production and enhanced profitability.

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 and send pre-approvals - all on the go.

About Mortgage Coach:

The Mortgage Coach suite of enterprise online and mobile applications enhance the conversation between the borrower, mortgage professional, and Realtor, enabling a confident mortgage decision. Thousands of banks and lenders rely on Mortgage Coach to turn borrower education into a competitive advantage. With Mortgage Coach technology, financial and real estate professionals provide clearly illustrated mortgage options with detailed financials, charts, video narration, and live updates on any device, ensuring an informed home loan choice. Learn more about how to add the power of Mortgage Coach to your lending platform by visiting https://mortgagecoach.com or contacting sales@mortgagecoach.com.

SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, has expanded its integration with Mortgage Coach, making it easier than ever for loan originators to give borrowers the clear, accurate comparison of loan products and scenarios needed to make informed mortgage decisions.

Related link: https://simplenexus.com/

Mortgage Insurance Ordering Made Seamless as OpenClose® Integrates Its LenderAssist™ LOS with Radian

WEST PALM BEACH, Fla. /ScoopCloud/ -- OpenClose(R), an industry-leading digital mortgage fintech provider, announced it completed an interface with Radian Guaranty Inc., the mortgage insurance (MI) subsidiary of Radian Group Inc. (NYSE: RDN). The integration leverages OpenClose's omni-channel loan origination system (LOS) and RESTful API suite, allowing Radian customers to order MI without exiting the LenderAssist(TM) LOS.

LenderAssist LOS users can now quickly, easily, and cost effectively obtain rate quotes and process delegated as well as non-delegated MI certifications. Data returned from Radian automatically populates into the applicable LOS fields, eliminating error prone manual data entry.

"We are constantly communicating with our customers and identifying opportunities to eliminate manual processes and the associated data integrity risk they present," said Vince Furey, CRO at OpenClose. "This integration automates the ordering and processing of mortgage insurance and provides our mutual customers speed, efficiency and accuracy, from any online environment - anywhere, at any time."

Radian offers lenders competitive pricing, unique programs, digital solutions and focused service that help close loans faster, generate more business and better manage their portfolios. The company's MI products help borrowers become homeowners sooner by qualifying for loans with smaller downpayments while mitigating investor risk.

"At Radian, we are committed to making it easier and simpler for our customers to do business with us," said Brien McMahon, chief franchise officer and co-head of real estate, Radian. "Partnering with OpenClose will allow for streamlined, direct and real-time access to private MI for lenders and borrowers, and we're proud to deliver that."

OpenClose offers an award-winning, 100 percent browser-based, end-to-end, workflow-driven fintech platform that effectively consolidates the consumer digital POS, LOS, PPE and Business Intelligence functions. Easily accessible from any computer or mobile device - all via a single-source provider.

About OpenClose:

Founded in 1999 and headquartered in West Palm Beach, Florida, OpenClose(R) is a leading enterprise-class, omni-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.

About Radian

Radian is ensuring the American dream of homeownership responsibly and sustainably through products and services that include industry-leading mortgage insurance and a comprehensive suite of mortgage, risk, title, valuation, asset management and other real estate services. We are powered by technology, informed by data and driven to deliver new and better ways to transact and manage risk. Visit https://www.radian.com/ to learn more about how Radian is shaping the future of mortgage and real estate services.

Media Contacts:

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

For Radian:
Rashi Iyer
215-231-1167
rashi.iyer@radian.com

OpenClose Social Media: @OpenClose_LOS #OpenClose #LoanOriginationSoftware

Radian Social Media: @radian_us #QuoteQualityQuoteRadian #OneRadianInfiniteSolutions

OpenClose(R), an industry-leading digital mortgage fintech provider, announced it completed an interface with Radian Guaranty Inc., the mortgage insurance (MI) subsidiary of Radian Group Inc. (NYSE: RDN). The integration leverages OpenClose's omni-channel loan origination system (LOS) and RESTful API suite, allowing Radian customers to order MI without exiting the LenderAssist(TM) LOS.

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

FormFree Director of Partner Relationships Christy Moss, CMB, Honored by NEXT Mortgage Events’ Inaugural 50 Over 50 Awards

ATHENS, Ga. /ScoopCloud/ -- FormFree(R) Director of Partner Relationships Christy Moss, CMB, has been recognized by Next Mortgage Events (NEXT) as a 50 Over 50 honoree. In its inaugural year, the awards program honors female powerhouses in the mortgage industry.

Moss was recognized for her industry contributions as a mortgage banker, change-maker at government-controlled mortgage finance giant Fannie Mae and advocate for digital transformation at FormFree. A 30-year veteran of the mortgage industry, Moss got her feet wet holding advanced positions in the correspondent lending divisions of such financial institutions as CitiMortgage, Wachovia and GE Capital Mortgage Services.

During her 11-year tenure at Fannie Mae, Moss played a critical role advancing business initiatives beneficial to the post-crisis mortgage lending ecosystem. From 2015 to 2019, she focused on driving lender and partner adoption of technologies designed to improve the borrower experience and increase lender profitability in her role as strategic business and relationship manager.

Moss joined FormFree in 2019 as director of partner relationships. In this role, she helps drive digital transformation for consumers, lenders and investors.

"Christy shares FormFree's passion for leveraging mortgage technology to increase lender productivity and transform home buying into a stress-free, digital experience for consumers," said FormFree CEO Brent Chandler. "FormFree extends our heartfelt congratulations to Christy. It is an honor to have Christy on the FormFree team."

"NEXT's mission has always been to showcase the women who are the backbone of the mortgage industry - this award is part of that mission," said NEXT Co-Founder Jeri Yoshida. "We'll honor these top performers throughout #NEXTSUMMER20. Since this year's event is free and available online, we expect record-breaking attendance. We're thrilled that so many people in the mortgage industry will get to know these overachievers and acknowledge their role in their companies' success."

The full list of NEXT 50 Over 50 award honorees can be viewed at https://nextmortgagenews.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.

About NEXT Mortgage Events LLC:

In January 2018, NEXT Mortgage Events broke the mortgage industry's unspoken barriers that limit women's access to competitive intel and networking-based information exchange, when it introduced NEXT, the mortgage technology summit for women. NEXT is a two-day, tech-focused symposium based on lenders sharing competitive intel with other lending executives. A boutique gathering, each NEXT event is limited to 200 attendees, and targets a select group of decision making executives. Roughly 85-90% of lender attendees hold a title of VP or higher and approximately 85% of attendees are women. NEXT is held twice a year, in winter and summer. For more information visit https://nextmortgagenews.com/, follow @NEXTmtgEvents or email info@NEXTmortgageEvents.com.

*PHOTO link for media: https://www.Send2Press.com/300dpi/19-1017s2p-Christy-Moss-300dpi.jpg

FormFree Director of Partner Relationships Christy Moss, CMB, has been recognized by Next Mortgage Events (NEXT) as a 50 Over 50 honoree. In its inaugural year, the awards program honors female powerhouses in the mortgage industry.

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

Rapid Deployment Solutions and nipendo Sign Reseller Agreement

BOSTON, Mass. /ScoopCloud/ -- nipendo and Rapid Deployment Solutions (RDS) today announced a new partnership agreement for the resale of nipendo's RPA (Robotic Process Automation) platform for P2P (Purchase-to-Pay) process automation - the world's first RPA platform for P2P and AP processes automation designed and built over AI architecture and infrastructure, which facilitates modularity, flexibility and transparency, supporting endless variations of P2P process logic through configuration only, and zero coding.

"Making the decision to work with our platform is simple, as our customers, tier 1 global enterprises, have been working with it over the past decade and have seen an incredible transformation of efficiencies and a significant reduction in procurement, supply chain and AP costs," says Eyal Rosenberg, co-Founder and CEO of nipendo. "We're excited about working with RDS - a vibrant and energetic company that we believe will elevate nipendo to new heights in North America," he added.

"We are excited to offer nipendo's cloud-based platform to help businesses streamline procure-to-pay processes, and to interact with suppliers electronically, touch-free and error-free," said Greg Kowalik, President, Rapid Deployment Solutions (RDS). "Our reseller agreement with nipendo will make it easier than ever for RDS's North American customers to adopt and benefit from this leading trading platform," he added.

The platform supports enterprises in three primary ways:
1) Extends existing P2P processes: Enables suppliers to seamlessly participate in enterprise processes, reduces over 50% of procurement and AP costs by replacing manual invoice reconciliation and manual order fulfillment work with self-provisioned process governance and machine automated governance and validations.
2) Scales supplier adoption rate: Hundreds or thousands of suppliers can be onboarded within weeks or months - all sizes and types, regardless of their connection mode (portal/email/mobile/integration). Plug-ins to over 50 ERP packages require no custom work per connection (Connect-Once-Communicate-with-All). Record supplier adoption rate of over 90% of enterprise supplier base.
3) Automates: Smart-Bots replace manual workflows, process fulfillment follow-up, automate decision making and autonomous invoice reconciliation, resulting in over 50% cost reduction, process cycle time reduction, elimination of all errors, disputes, and fraud opportunities and achieves over 95%-touch-free and error-free procure-to-pay processes fulfillment.

The nipendo platform became available June 1, 2020. For more information, visit https://nipendo.com/lp/p2p-automation.

About nipendo

Founded in 2010, nipendo is dual headquartered in Netanya, Israel and in Boston, Massachusetts. The company's RPA platform for P2P process automation streamlines and simplifies interactions between enterprises (buyers) and their suppliers across all spend categories of goods and services, and all supplier types and sizes. The company boasts such customers as Intel, KLA Tencor, Teva Pharmaceuticals, Unilever, Kodak alaris, Israel Aerospace Industries, HP, Elbit Systems, Check Point and more. For more information, visit https://www.nipendo.com/

About Rapid Deployment Solutions

Headquartered in Fort Lauderdale, Florida, Rapid Deployment Solutions (RDS) is a leader in providing strategy, planning, and implementation of Content & Records Management solutions and process automation with a focus on P2P processes and ERP systems integration. RDS has applied its industry knowledge and expertise to help Fortune 100 customers become more competitive, efficient, and profitable through the application of innovative technologies, greater efficiencies, and cloud solutions. For more information, visit https://www.rds-consulting.com/

MEDIA ONLY CONTACT:
Jason McCloy
Circus Interactive Agency
+1-704-255-5787
media@circusllc.com

nipendo and Rapid Deployment Solutions (RDS) today announced a new partnership agreement for the resale of nipendo's RPA (Robotic Process Automation) platform for P2P (Purchase-to-Pay) process automation.

Related link: https://www.rds-consulting.com/

SimpleNexus Platform Enhancement Enables Lenders and Borrowers to Manage Multiple Borrower Loans Through SimpleNexus’ User-Friendly Interface

LEHI, Utah /ScoopCloud/ -- SimpleNexus (https://simplenexus.com/), developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced a platform enhancement that merges management of multiple loans with the same applicant into one user-friendly interface. The new "multi-loan" functionality improves the loan experience for loan originators (LOs) and borrowers, enabling both parties to start, submit and access multiple loan applications via web browser or mobile app experience.

SimpleNexus' multi-loan feature makes it easy for borrowers to navigate between multiple loans and applications, sign individual loan eConsent and disclosures forms, upload documents and complete tasks associated with each loan file. To further streamline the borrower experience, LOs can customize the borrower task list and requested documents for each loan; request eConsent, asset verification or credit authorization on a per-loan basis; and move or copy documents between different loans for the borrower.

Multi-loan streamlines loan management for LOs by automatically linking all loan applications associated with the same borrower. LOs will not need to remove old loans from the system, and additional user accounts and email addresses will not be required to manage multiple loan applications.

"SimpleNexus' multi-loan enhancement makes it easy to maneuver between and complete tasks associated with multiple borrower loans," said SimpleNexus VP of Product Shane Westra. "Whether a borrower is simultaneously purchasing multiple properties or a repeat customer is returning for a new purchase or a refi, multi-loan provides borrowers with the modern, intuitive experience they expect from the organizations that finance their homes."

More than fifty percent of SimpleNexus customers have opted-in for early access to multi-loan. An August 3, 2020, system update will turn on multi-loan for all SimpleNexus customers. Customers who wish to use the multi-loan feature sooner can contact their customer success manager.

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

SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced a platform enhancement that merges management of multiple loans with the same applicant into one user-friendly interface.

Related link: https://simplenexus.com/

New Integration Enables OpenClose Lenders to Automate MERS® Loan Registration and Transfer via Cyberlink’s eRAMP System

WEST PALM BEACH, Fla. /ScoopCloud/ -- OpenClose(R), the industry-leading mortgage fintech provider and omni-channel loan origination system (LOS), and Cyberlink Software Solutions, a provider of optimization and development solutions for mortgage lenders, announced the completion of an integration that eases the time consuming and laborious method of registering loans one by one with MERS(R).

Cyberlink's eRAMP MERS Transaction Management solution integration works by taking bulk loans that OpenClose lender customers need to register or transfer with MERS, and processing this important task efficiently, quickly, and accurately regardless of the number of loans to submit. eRAMP data then updates OpenClose's LenderAssist(TM) LOS, which includes registration confirmation dates as well as transfer of rights confirmation dates.

"We continuously look for opportunities to automate redundant tasks. The integration with eRAMP accelerates workflow, reduces errors and frees OpenClose users to work on other tasks," stated Vince Furey, CRO of OpenClose. "We are pleased to introduce eRAMP's MERS end-to-end transaction processing solution to our customers knowing that it will save them valuable time and money."

eRAMP has been relied upon for MERS(R) transaction processing by lenders large and small since 2003. Whether it's registering thousands of loans or a couple dozen loans, it's done with the click of a mouse and with minimal manual intervention by the lender. Confirmation reports along with details are provided back to the lender from eRAMP.

"We're always excited when we deliver new features that save time and reduce costs for our customers," said Greg Uttal, president of Cyberlink Software Solutions. "Our goal is to secure additional business and accomplish more with less by way of technology. With the new OpenClose integration, we're right on target to deliver value to our mutual customers."

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.

About Cyberlink Software Solutions:

Cyberlink Software Solutions, Inc. is a software development company that's been creating innovative applications for mortgage professionals since 1995. We offer in-house developed software products and consulting services, including LOS implementation project management, LOS optimization consulting and MERS process improvement solutions. For more information, please call 800 518-0919 or visit https://www.oncyberlink.com.

Social Media: @OpenClose_LOS #MERSLoanRegistration #LoanOriginationSoftware #CyberLinkSoftwareSolutions #OpenClose

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

OpenClose, the industry-leading mortgage fintech provider and omni-channel loan origination system (LOS), and Cyberlink Software Solutions, a provider of optimization and development solutions for mortgage lenders, announced the completion of an integration that eases the time consuming and laborious method of registering loans one by one with MERS.

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

Amid Ongoing Work-From-Home Requirements, DocMagic Provides its eSign Technology at Zero Cost to Boost Employee Productivity

TORRANCE, Calif. /ScoopCloud/ -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced it has made an agnostic version of its eSign technology available for free in order to help organizations increase productivity, efficiency and compliance among work-from-home employees during COVID-19 stay-at-home orders as well as after they are lifted. DocMagic is the leader in eSign technology within the mortgage industry, having executed more than 300 million eSign transactions and counting.

Nearly every company relies on signed documents in some part of its core business activities. These agreements often require signatures from multiple parties. Documents are often printed several times, then faxed or emailed, making the process not only cumbersome, laborious and time consuming, but prone to risk as well. Over the past several months, since the inception of social distancing requirements of the COVID-19 pandemic, companies are finding that signing and securely delivering these documents in a timely manner has become a challenge.

DocMagic's eSign technology is traditionally used by mortgage loan borrowers to compliantly eSign initial mortgage loan document disclosures and closing documents. However, DocMagic has modified the platform, making it document agnostic, enabling it to easily handle the execution of important documents such as contracts, NDAs, LOIs and virtually any other agreement, to be electronically signed and legally binding.

"As stay-at-home orders began to open up in more states, large numbers of home-based workers in all industries will continue with the telecommute model and thus continue facing challenges with signing and executing documents," said Dominic Iannitti, president and CEO at DocMagic. "Many employees are using makeshift home offices that lack the hardware, devices, and software to facilitate compliant e-signings. Fortunately, DocMagic is in a great position to help with a proven platform used in one of the strictest, most highly regulated industries. Our eSign technology allows companies to circumvent wet signings, back-and-forth emails, and scanning or faxing documents, for a proven, highly secure, compliant electronic platform."

DocMagic's eSign platform makes electronically signing documents a snap - without the need for any hardware or software. It's 100 percent web-based, easy-to-use, requires no installation or maintenance whatsoever, and can be securely accessed via any device with an internet connection. DocMagic eSign also provides for the secure capture of electronic signatures for all documents stored in the PDF file format. Documents are digitally sealed and access is provided to all parties with audit trail capabilities, document versioning, tracking, and email notifications.

In a recent Zillow survey conducted by The Harris Poll, more than half of employed Americans (56 percent) have had the opportunity to work from home, and a vast majority want to continue, at least occasionally, according to the poll. Among Americans working from home because of the pandemic, 75 percent said they would prefer to continue to do so at least half the time, if given the option, after the pandemic subsides. And two-thirds (66 percent) of those employees said they would be at least somewhat likely to consider moving if they had the flexibility to work from home as often as they want.

Iannitti adds: "We believe that even after stay-at-home orders are gradually lifted, there will still be a significant number of businesses that find the telecommute model to be pragmatic, efficient, and cost effective. After the COVID-19 pandemic slowly winds down, we still want to make our eSign technology available for free. It's our ongoing way of giving back in order to help companies remain as successful as possible."

To clarify, DocMagic's free offer pertains to the agnostic eSign solution only, not mortgage-specific eSignings involving the company's dynamic loan document generation service. Interested organizations can learn more by contacting DocMagic at sales@docmagic.com or call (800) 649-1362.

About DocMagic:

DocMagic, Inc. is the leading provider of compliant loan document preparation, compliance, eSign and eDelivery solutions for the mortgage industry. Founded in 1987 and headquartered in Torrance, Calif., DocMagic, Inc. develops software, mobile apps, processes and web- based systems for the production and delivery of compliant loan document packages. 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 www.docmagic.com.

Social Media: @DocMagic #FreeEsign #eSignTechnology #COVID19goodwill #DocMagicEsign

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

*LOGO link for media: https://www.Send2Press.com/300dpi/18-0522s2p-docmagic-300dpi.jpg

DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced it has made an agnostic version of its eSign technology available for free in order to help organizations increase productivity, efficiency and compliance among work-from-home employees during COVID-19 stay-at-home orders as well as after they are lifted.

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

ARMCO Launches QC NOW Web Series to Support QC Professionals

DENVER, Colo. /ScoopCloud/ -- ACES Risk Management (ARMCO), the leading provider of enterprise quality management and control software for the lending industry, announced the launch of QC NOW, a web series covering current regulatory and operational changes related to quality control, compliance and risk for independent mortgage lenders, banks and credit unions.

"Now more than ever, information is power, and with so much changing so quickly in the lending and financial services landscape, it can be difficult to keep pace and stay informed," ARMCO CEO Trevor Gauthier said. "The QC NOW web series is yet another way ARMCO continues to support financial services quality control and compliance professionals by providing up-to-date information on regulatory and operational changes in an easily digestible format."

The series launches on May 28, 2020 at 11 a.m. Pacific Time (PDT) with "QC Operations in the New World - A Look Into the COVID-19 Era," hosted by ARMCO President and Chief Operating Officer Phil McCall. The webinar will cover what has changed for lenders since the start of the pandemic, the immediate and overall effects of these changes and how qc professionals can prepare for what is still to come.

Other upcoming topics for the web series include:
* How to Ensure Data Integrity with HMDA Reviews
* Mortgage QC Industry Trends - Future Outlook
* QC Reporting Essentials
* State of Servicing QC

To view the upcoming schedule and register to attend an upcoming presentation, visit https://www.armco.us/learn/webinars/qc-now.

About ARMCO

ACES Risk Management (ARMCO) is the leading provider of enterprise quality management and control software for the financial services industry. More than half of the top 50 lenders and two of the top five U.S. commercial banks rely on ACES Audit Technology(tm) to improve audit throughput and quality while controlling costs. 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, ARMCO clients get responsive support and access to our experts to maximize their investment. For more information, visit https://www.armco.us or call 1-800-858-1598.

*LOGO link for media: https://www.send2press.com/300dpi/20-0401s2-armco-logo-300dpi.jpg

ACES Risk Management (ARMCO), the leading provider of enterprise quality management and control software for the lending industry, announced the launch of QC NOW, a web series covering current regulatory and operational changes related to quality control, compliance and risk for independent mortgage lenders, banks and credit unions.

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

LBA Ware Publishes Findings of Top-10 Lender’s Compensation Automation Cost-Benefit Analysis

MACON, Ga. /ScoopCloud/ -- LBA Ware(TM), a leading provider of incentive compensation management (ICM) and business intelligence software solutions for the mortgage industry, today released the findings of a cost-benefit analysis quantifying one mortgage lender's expected return on investment after implementing CompenSafe(TM).

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.

Conducted by a top-10 U.S. mortgage lender, the comprehensive ROI analysis spanned five phases: (1) quantifying the company's current costs related to managing incentive compensation; (2) identifying opportunities for process improvement; (3) defining system requirements for compensation automation; (4) weighing the pros and cons of building an in-house solution against available off-the-shelf software; and (5) estimating the cost savings provided by the chosen solution, CompenSafe(TM).

The lender found it was spending $346,000 a year in labor costs directly attributable to the manual calculation of incentive compensation. In addition, the compensation team was spending untold hours each month answering employee questions, setting up new plans and preparing payroll files. The lender also estimated it was spending between $500,000 to $1 million per year in overpayments caused by manual errors in calculating incentive compensation. According to the lender's analysis, implementing CompenSafe will allow it to recoup an estimated $900,000 in annualized savings by automating manual tasks, eliminating redundant processes and reducing overpayments.

The full case study is available for download here.

About LBA Ware(TM):

LBA Ware is a leading provider of cloud-based software for mortgage lenders. Since 2008, LBA Ware has been on a mission to help mortgage companies reach new heights with software that integrates data, incentivizes performance and inspires results. Today, 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://www.lbaware.com.

LBA Ware, a leading provider of incentive compensation management (ICM) and business intelligence software solutions for the mortgage industry, today released the findings of a cost-benefit analysis quantifying one mortgage lender's expected return on investment after implementing CompenSafe.

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

Global DMS offers unique Compliance Guarantee Program for EVO Appraisal Management Software

LANSDALE, Pa. /ScoopCloud/ -- Global DMS, a leading provider of cloud-based appraisal management software, announced that it has launched a new Compliance Guarantee Program for those that utilize its EVO-Res appraisal management platform, which covers all fines in the event that a client is found out of compliance, but is using the software's Best Practice Configuration.

Those that utilize EVO-Res(TM) to manage their valuation operations will be protected by Global DMS' Compliance Guarantee Program as it pertains to Appraisal Independence Requirements, appraiser licensing, borrow receipt of the appraisal, and report and delivery to both Fannie Mae and Freddie Mac.

Global DMS' new program allows institutions concerned with appraisal compliance to effectively remove appraisal risk from the equation, while ensuring they comply with Dodd-Frank's Section 1471, the Equal Credit Opportunity Act's (ECOA) Regulation B, the Truth In Lending Act's (TILA) Regulation Z, the Uniform Standards of Professional Appraisal Practice (USPAP), and both the GSEs and FHA's seller guides.

All EVO-Res users will be eligible for this new program, provided they're following Global DMS' Best Practice Configuration within the system, which promotes appraisal compliance through automation - such as automated license validation, vendor assignment, appraisal reviews, UCDP and EAD submissions, and more.

Implementing an automated valuation process through the use of status-driven triggers ensures compliance by eliminating manual touch-points that lead to human error and oversight. With EVO-Res, this automation not only covers the entire process, it's 100% configurable - allowing lenders and AMCs to customize and run their specific workflows as needed, no development intervention required.

"The appraisal industry is always in flux, and it's imperative for all participants to quickly adapt to the drastic changes introduced by federal regulation, state legislation, public policy, and lending guidelines," said Global DMS(R) COO, Jody Collup. "The key to being compliant and efficient is having an all-encompassing platform that supports dynamic change, as well as an intuitive interface that doesn't require expensive, time-consuming custom development work."

For more information on EVO-Res' Compliance Guarantee Program, contact Global DMS at evoinfo@globaldms.com or 877-866-2747 (option 2).

How compliant are your appraisal operations? Find out by downloading our Ultimate Compliance Checklist here: http://go.globaldms.com/compliance.

About Global DMS:

Founded in 1999 and headquartered in Pennsylvania, Global DMS is a leading provider of cloud-based commercial and residential real estate valuation solutions. The company's solution set is cost effectively delivered on a software-as-a-service (SaaS) transactional basis that ensures compliance adherence, reduces costs, increases efficiencies and expedites the entire real estate appraisal process. Global DMS solutions include its new EVO-Residential(TM) (EVO-Res) platform for residential lending, EVO-Commercial(TM) (EVO-C) platform for commercial lending, eTrac(R) Enterprise valuation management platform for residential lending, SnapVal(TM) appraisal pricing solution, eTrac WebForms, Global Kinex(R), AVMs, the MISMO Appraisal Review System (MARS(R)), ATOM (Appraisal Tracking on Mobile).

For more information, visit https://www.globaldms.com/ or call (877) 866-2747.

Global DMS, a leading provider of cloud-based appraisal management software, announced that it has launched a new Compliance Guarantee Program for those that utilize its EVO-Res appraisal management platform, which covers all fines in the event that a client is found out of compliance, but is using the software's Best Practice Configuration.

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

ARMCO Expands Integrated Third-Party Vendor Offerings Within ACES Audit Technology

DENVER, Colo. /ScoopCloud/ -- ACES Risk Management (ARMCO), the leading provider of enterprise quality management and control software for the lending industry, announced several major enhancements to its ACES Audit Technology platform to aid lenders' loan defect categorization and post-closing quality control efforts.

"Loan quality is a moving target, and to ensure our clients are always hitting the mark, ARMCO is continually refining ACES as users' needs and regulatory directives change," ARMCO CEO Trevor Gauthier said. "This recent slate of system updates is further evidence of our commitment to customer satisfaction, user choice and industry partnerships with best-of-breed providers that support our clients' loan quality initiatives."

Included in the enhancements are additions to the suite of integrated third-party verification providers available within ACES. Users can now order, track and receive credit reports from Data Facts and field reviews from Service1st without leaving the ACES system, which streamlines the quality control audit process and eliminates the unnecessary, time-consuming and error-prone task of rekeying data.

"Data Facts is hyper-focused on helping lenders address fraud and compliance, which makes our partnership with ARMCO such a natural fit," said Lisa May, senior vice president of strategic solutions at Data Facts. "Not only is this integration a win-win for our mutual customers, but it also provides all ACES users with a choice for credit reporting services, and we look forward to delivering to ACES users the same high-touch, high-level customer service that our existing clients have come to expect from Data Facts."

"Many appraisal management companies list appraisal reviews as product offerings, but, in reality, this often takes a back seat to their main business of origination appraisals. That is not the case for Service 1st," said Joe Chappell, executive vice president and business leader for partner integrations at Covius, which owns Service1st. "We have a 25-year track-record of providing appraisal reviews to the QC community and are known for our service, the quality of our valuations, our commitment to communications and our competitive pricing. Our integration with ARMCO brings together two of the industry's leading QC service providers to accelerate the overall appraisal review process, create greater efficiencies for our joint clients and reduce the risk of human error."

In addition to expanding users' options for third-party verification providers, ARMCO also announced its updates to the loan defect taxonomies for Fannie Mae and FHA included within ACES. These updates reflect the changes announced by Fannie Mae in late Q3 2019 and FHA in early Q1 2020 and were made available to ACES users in December 2019 and January 2020, respectively.

"The loan defect taxonomies established by Fannie Mae and FHA enable lenders to standardize their categorization of loan defects, which, in turn, helps facilitate historical trending and benchmarking activities so that lenders have a more fulsome understanding of their loan quality both over time and as compared to their peers," said Gauthier. "As a best practice, the ACES software is updated immediately with these changes to ensure our clients are compliant and utilizing the latest standard from their prudential regulators to effectively manage their loan quality and risk."

About Data Facts

For over three decades, Data Facts' full-circle portfolio of solutions has helped lending professionals make sound lending decisions and maximize efficiencies. Employees are 100% U.S. based and data is never off-shored. By utilizing innovative technology, seamless LOS integrations, and their ability to create customized, flexible solutions, they help clients close more loans faster and easier. Data Facts is certified by the Women's Business Enterprise National Council (WBENC) as a 100% woman-owned business. To read more about Data Facts, visit their website at https://www.datafacts.com.

About Service1st

Service1st, a Covius solution, provides technology-enabled appraisal risk management solutions and specializes in quality control providers. Service1st also delivers risk management solutions for residential and commercial mortgage origination, servicing, default, REO and due diligence. Covius is a trusted provider of services, insight and technology to leading financial companies. Covius' technology-enabled solutions deliver operational efficiencies, mitigate risk and empower compliant decisions and borrower interactions.

Covius businesses are recognized leaders in credit and verification services, HOA and tax tracking, quality assurance, regulatory compliance, compliant document services, comprehensive settlement services, lien and title curative solutions, REO asset management and auction services, capital markets due diligence and oversight as well as rapid-development, customizable cloud-based business process solutions. The company was named a 2020 HousingWire Tech100 winner. For more information about the company and its services, visit https://covius.com.

About ARMCO

ACES Risk Management (ARMCO) is the leading provider of enterprise quality management and control software for the financial services industry. More than half of the top 25 mortgage lenders, a third of the top 150 lenders and servicers and two of the top five U.S. commercial banks rely on ACES Audit Technology(TM) to improve audit throughput and quality while controlling costs. 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, ARMCO clients get responsive support and access to our experts to maximize their investment.

For more information, visit https://www.armco.us/ or call 1-800-858-1598.

ACES Risk Management (ARMCO), the leading provider of enterprise quality management and control software for the lending industry, announced several major enhancements to its ACES Audit Technology platform to aid lenders' loan defect categorization and post-closing quality control efforts.

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

SimpleNexus advances initial release of Closing Portal to help lenders meet urgent consumer demand for mobile mortgage closing solutions

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 the SimpleNexus Closing Portal, a new feature that enables lenders to securely collaborate with settlement service providers for streamlined closing package delivery and will pave the way for hybrid mortgage closings.

With SimpleNexus Disclosures, introduced last year, lenders can distribute individual closing packages to settlement partners for online retrieval. The new SimpleNexus Closing Portal gives settlement service providers access to all their SimpleNexus closing packages in a personal dashboard secured with multi-factor authentication. While both solutions offer push notifications and real-time tracking that integrates seamlessly with the lender's loan origination system, only the SimpleNexus Closing Portal will enable mortgage closing teams to conduct hybrid closings that keep physical closing appointments to a minimum.

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.

"Consumer demand for options that minimize how much of the mortgage transaction is done face-to-face has never been greater. To help lenders meet that demand, we have advanced the initial release of our highly anticipated SimpleNexus Closing Portal," said SimpleNexus Senior Product Manager Tyler Prows. "With today's release, lenders can prepare to fulfill hybrid closings within the SimpleNexus experience borrowers and originators know and love."

Additional features, including document markup and real-time chat between mortgage closing teams and settlement service providers, will be made available in a future release of the SimpleNexus Closing Portal.

Since the February 2019 introduction of SimpleNexus Disclosures, more and more lenders have come to rely on SimpleNexus to deliver digital mortgage disclosures that borrowers and loan originators can eSign via mobile app or web dashboard. In April 2020 alone, SimpleNexus delivered more than 114,000 digital disclosures packages, and that figure continues to grow as borrowers and lenders embrace mobile mortgage solutions.

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 #mortgageclosing

SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced the release of the SimpleNexus Closing Portal, a new feature that enables lenders to securely collaborate with settlement service providers for streamlined closing package delivery and will pave the way for hybrid mortgage closings.

Related link: https://simplenexus.com/

Veteran B2B Sales Leader Nick Belenky Joins Top of Mind as EVP of Sales

ATLANTA, Ga. /ScoopCloud/ -- Top of Mind Networks (Top of Mind), a leader in customer relationship management (CRM) and marketing automation software for the mortgage lending industry, has hired veteran business-to-business sales leader Nick Belenky as executive vice president of sales. In this role, Belenky will direct Top of Mind's sales operations with a focus on client success and new customer acquisition.

Belenky joins Top of Mind from CardinalCommerce, a Visa (NYSE: V) company and global leader in authenticating digital transactions. As director of sales for the company's consumer authentication group, he oversaw new merchant sales and channel partnerships across North America and globally and led his team to triple-digit sales growth for four years running. Prior to that, Belenky was inside sales and solutions architect manager for 1 EDI Source, a leading provider of electronic data interchange (EDI) solutions and business visibility software.

"Nick's strategic, data-driven approach to growing sales revenue has helped shape the success of small companies and global tech providers alike," said Top of Mind CEO Bill Hayes. "He brings not only deep experience in business-to-business technology sales, but also a genuine enthusiasm for understanding and exceeding the needs of clients, which is a cornerstone of our company culture. We are proud to welcome Nick to the Top of Mind team."

"I cannot say enough about the mortgage marketing knowledge and professionalism of my sales team as well as the deep industry and functional experience our leadership team brings," Belenky said. "Top of Mind helps thousands of borrowers find a lending partner every day and I am proud to be a part of that."

Belenky's 13-year career in sales also includes management roles at CEIA USA, a global manufacturer of security equipment, and Edgerton Corporation, a developer of enterprise resource planning (ERP) systems for the materials handling industry. He began his career in the healthcare technology field, where he worked as a test engineering project manager for medical imaging product provider Codonics and as a computer programmer for EDI outsourcing provider Interactive Payer Network (later acquired by Emdeon, now Change Healthcare (NASDAQ: CHNG)). Belenky is a graduate of Case Western Reserve University with a degree in computer engineering.

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 #peoplemovers #industrymoves

*PHOTO link for media: https://www.Send2Press.com/300dpi/20-0519s2p-Nick-Belenky-300dpi.jpg
*Photo caption: Nick Belenky Joins Top of Mind as EVP of Sales.

TICKERS: NYSE:V / NY: V / NASDAQ:CHNG / NQ: CHNG /

Top of Mind Networks (Top of Mind), a leader in customer relationship management (CRM) and marketing automation software for the mortgage lending industry, has hired veteran business-to-business sales leader Nick Belenky as executive vice president of sales. In this role, Belenky will direct Top of Mind's sales operations with a focus on client success and new customer acquisition.

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

Digital Mortgage Provider Maxwell Extends Product Offering with New Fulfillment Platform

DENVER, Colo. /ScoopCloud/ -- Digital mortgage provider Maxwell today announced a new way for small and midsize lenders to scale processing capacity to meet market needs through the launch of the Maxwell Fulfillment Platform.

As an extension to Maxwell's digital mortgage platform, the Maxwell Fulfillment Platform is a complete technology and outsourced solution to enable lenders to scale their business with access to teams of on-shore processors at off-shore prices. In an unpredictable market, small to midsize lenders who have difficulty scaling their business to accommodate market demands can seamlessly incorporate a team of seasoned processors with an average of 15 years of experience, all located in the United States. Driven by machine learning and AI technology, the Maxwell Fulfillment Platform ensures a flexible, efficient and high-quality processing experience.

"At Maxwell, our customers see us as true partners and often look to us for solutions beyond the POS solution we're best known for. We created the Fulfillment Platform as the next extension of our product because we recognized their need to scale without an enterprise-sized budget," said John Paasonen, co-founder and CEO of Maxwell. "Yes, we're a point-of-sale, but our technology now allows us to leverage the power of our community of lenders to offer access to value previously only accessible by the largest lenders. Loan processing, powered by our technology, is one example of the ways we help them compete in the marketplace and continue to deliver a superb experience."

Services delivered through the Maxwell Fulfillment Platform will be available on a white-label basis, with processors functioning as part of a lender's operations team. Lenders can add processors 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. Qualifying lenders can apply for early access to the Fulfillment Platform beginning today.

"In the midst of market uncertainty, agile lenders must rethink their operational flexibility. The Maxwell Fulfillment Platform enables lenders to better predict and control labor costs while maintaining quality, security and compliance," said Brian Simons, who leads the Fulfillment Platform as president. "I've spent the last 10 years in third-party fulfillment and now - with the power of Maxwell's technology - we plug directly into our lender's systems, offering highly skilled processing talent, a better borrower experience, pipeline management and reporting through our POS."

Maxwell's Fulfillment Platform is licensed and SAFE Act compliant, ensuring full compliance with state regulations, and features bank-grade security and privacy measures that exceed market standards.

The Maxwell Fulfillment Platform was built to support both processors that work for partners in addition to the processors that Maxwell employs itself. Maxwell is also accepting discussions with other fulfillment partners to join the platform as it grows.

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 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.

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

Digital mortgage provider Maxwell today announced a new way for small and midsize lenders to scale processing capacity to meet market needs through the launch of the Maxwell Fulfillment Platform.

Related link: https://himaxwell.com/

ARMCO Launches ACESXPRESS for Early Payment Defaults

DENVER, Colo. /ScoopCloud/ -- ACES Risk Management (ARMCO), the leading provider of enterprise quality management and control software for the lending industry, announced the release of ACESXPRESS(TM) for Early Payment Defaults (EPDs) to bolster lenders' existing audit programs in light of the recent increases in required monthly EPD audit volume.

"With unemployment figures on the rise due to the COVID-19 pandemic, the industry is bracing itself for a sharp increase in the number of EPDs on recently originated loans. Furthermore, EPDs are one of the strongest indicators of possible mortgage fraud, the likelihood of which also increases as borrowers feel a greater sense of urgency to secure financing for their home purchase," ARMCO CEO Trevor Gauthier said. "ACESXPRESS for EPDs provides a turnkey platform for managing sudden volume spikes in EPD audits while maintaining compliance with audit requirements. Because the system can be implemented within a week, ACESXPRESS for EPDs also minimizes the burden typically placed on existing staff when onboarding a new system, thus enabling lenders to begin realizing its benefits sooner."

Originally launched in 2016, ACESXPRESS delivers the power of the ACES Audit Technology(TM) platform in an easy-to-implement format for small and mid-sized lenders. Recognizing the need for a similar platform designed specifically for EPD audits, ARMCO refined the functionality of ACESXPRESS to deliver needed EPD audit support with a streamlined implementation timeframe. ACESXPRESS for EPDs includes:

* Minimal setup requirements and the ability to configure within a week;
* Full product support from ARMCO;
* Pre-configured audits, including ACES IQ for conducting EPD reviews; and
* A library of standard report templates.

"Responsiveness is key to managing loan quality," said Gauthier. "As economic and market conditions change, ARMCO is committed to delivering technology that supports lenders' audit needs and helps mitigate lending risk."

About ARMCO

ACES Risk Management (ARMCO) is the leading provider of enterprise quality management and control software for the financial services industry. More than half of the top 25 mortgage lenders, a third of the top 150 lenders and servicers and two of the top five U.S. commercial banks rely on ACES Audit Technology(TM) to improve audit throughput and quality while controlling costs. 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, ARMCO clients get responsive support and access to our experts to maximize their investment.

For more information, visit www.armco.us or call 1-800-858-1598.

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ACES Risk Management (ARMCO), the leading provider of enterprise quality management and control software for the lending industry, announced the release of ACESXPRESS for Early Payment Defaults (EPDs) to bolster lenders' existing audit programs in light of the recent increases in required monthly EPD audit volume.

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

Altavera Founder Brian Simons joins Maxwell executive team

DENVER, Colo. /ScoopCloud/ -- Digital mortgage leader Maxwell has announced Altavera Mortgage Services founder and former CEO Brian Simons has joined the company as president.

Simons comes to Maxwell with 23 years of experience in the mortgage industry, including capital markets, loan origination and default management. His deep understanding of the mortgage market further heightens Maxwell's capacity to build mortgage software that is tailored to meet the technology needs of its hundreds of small and midsize lender customers.

"We're thrilled to have Brian join the Maxwell team," said John Paasonen, co-founder and CEO of Maxwell. "Brian brings deep expertise in the mortgage industry and experience in organizational development acquired over an impressive career. He will be a huge asset as we enter our next phase of growth and extend our mission to empower lenders to make mortgages simpler and more accessible."

Prior to Maxwell, Brian was the CEO of Credit Risk Solutions at Computershare, which acquired Altavera Mortgage Services, a Denver-based company providing third-party origination, quality control and due diligence services to the mortgage community. Prior to Computershare, Simons founded and built Altavera to be a national service provider that catered to each client's unique outsourcing needs while fostering an environment of diversity and opportunity. Brian's career in the mortgage industry began on Wall Street with Credit Suisse and JPMorgan before becoming a founding executive of Urban Lending Solutions.

"I've spent the last ten years leading operational efficiency in mortgage originations, and it's become clear to me that technology is the key to that efficiency," said Brian Simons. "So many technology providers aim to eliminate humans, but there's nothing more personal than helping someone finance their American Dream. The Maxwell team shares my belief that the crucial benefit of mortgage technology lies in its ability to empower employees to deliver an unparalleled borrower experience. I'm excited to join Maxwell and pursue our common goal to elevate the human relationships at the heart of the mortgage transaction."

Recently named a winner of HW's Tech 100 for the fourth straight year, 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. This allows lending teams to focus on the human relationship at the center of the mortgage journey. 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.

ABOUT MAXWELL

Maxwell empowers mortgage lenders to be more connected, productive and successful by intelligently automating their workflow with homebuyers and real estate agents. The platform is used by hundreds of mortgage lenders, community banks and credit unions nationwide to serve their homebuyers and real estate agent partners every day. 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

*LOGO link for media: https://wwwSend2Press.com/wire/images/16-1214s2p-maxwell-300dpi.jpg

Digital mortgage leader Maxwell has announced Altavera Mortgage Services founder and former CEO Brian Simons has joined the company as president. Simons comes to Maxwell with 23 years of experience in the mortgage industry, including capital markets, loan origination and default management.

Related link: https://himaxwell.com/

Global DMS Integrates eTrac Valuation Management Software with ProxyPics, Allowing Clients to Complete Real Estate Appraisals Remotely

LANSDALE, Pa. /ScoopCloud/ -- Global DMS, a leading provider of cloud-based appraisal management software, announced that it has integrated its eTrac valuation management platform with ProxyPics - a patented, secure mobile app that provides a method of facilitating the delivery of photographs of a subject property when access to the property is unavailable.

Through this integration, lenders, AMCs, and appraisers who utilize eTrac(R) can automatically request and receive high quality pictures of both the interior and exterior of a subject property directly from the homeowner, providing them with an immediate solution for completing their real estate appraisals remotely and within social distancing guidelines.

"Our goal for this integration is to help promote business as usual during these very unusual times," said Global DMS(R) COO, Jody Collup. "With eTrac and ProxyPics, our clients can do just that - providing timely, cost-effective, and accurate values for all loan types without ever leaving their desk."

The entire process is automated, secure, protects against fraud, and requires no additional work or oversight from those using eTrac - who never have to leave the platform. It's also simple for homeowners, who utilize the ProxyPics mobile app to easily take the required photos, answer pre-set questions about the quality, condition, and unique characteristics of their home, and submit the information back to eTrac.

Not only does this promote safe social distancing, it ensures eTrac users have the vital information they need for completing accurate valuations that are in full compliance with the temporary appraisal guidelines that were recently enacted by the GSEs and others in response to the Coronavirus pandemic.

"As COVID-19 continues to prohibit in-person interactions, the use of innovative technologies has become critical in many lines of business, including real estate appraisals," said Luke Tomaszewski, CEO of ProxyPics. "eTrac and ProxyPics provides lenders, AMCs, and appraisers with this innovative technology, allowing them to collect the necessary photos and property information directly from the homeowner without setting foot on the property."

Though it was developed in direct response to COVID-19 and its many restrictions, eTrac's integration with ProxyPics will continue to serve Global DMS' clientele into the future by providing a simple method for securing the primary photos of a subject property as quickly as possible - helping to streamline their appraisal process and decrease turn-times.

For more information, please visit: https://www.globaldms.com/etrac-and-proxypics

About Global DMS:

Founded in 1999 and headquartered in Pennsylvania, Global DMS is a leading provider of cloud-based commercial and residential real estate valuation solutions. The company's solution set is cost effectively delivered on a software-as-a-service (SaaS) transactional basis that ensures compliance adherence, reduces costs, increases efficiencies and expedites the entire real estate appraisal process.

Global DMS solutions include its new EVO-Residential(tm) (EVO-Res) platform for residential lending, EVO-Commercial(tm) (EVO-C) platform for commercial lending, eTrac(R) Enterprise valuation management platform for residential lending, SnapVal(tm) appraisal pricing solution, eTrac WebForms, Global Kinex(R), AVMs, the MISMO Appraisal Review System (MARS(R)), ATOM (Appraisal Tracking on Mobile).

For more information, visit https://www.globaldms.com/ or call (877) 866-2747.

*LOGO links for media:
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Global DMS, a leading provider of cloud-based appraisal management software, announced that it has integrated its eTrac valuation management platform with ProxyPics - a patented, secure mobile app that provides a method of facilitating the delivery of photographs of a subject property when access to the property is unavailable.

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

Top of Mind enhances ‘Client for Life’ Workflow to help lenders retain 2020’s record-breaking influx of refi customers

ATLANTA, Ga. /ScoopCloud/ -- Top of Mind Networks (Top of Mind), a leader in customer relationship management (CRM) and marketing automation software for the mortgage lending industry, today announced enhancements to its "Client for Life" Workflow. Available to users of SurefireCRM, the Client for Life Workflow helps lenders protect market share by creating over 100 distinct opportunities to stay connected with borrowers over a five-year period.

"Lenders can expect to face fierce competition for a significantly diminished pool of purchase loan applicants in the future. Protecting today's market share - including holding on to a huge wave of recently acquired refi customers - will be a business imperative," said Top of Mind Chief Creative Officer Sherwood Lawrence. "SurefireCRM's Client for Life Workflow makes it effortless for originators to stay 'top of mind' with borrowers by delivering a steady stream of value-adding content through a carefully selected mix of communication channels, which now includes our exclusive Power Calls and Power Messaging features."

The Client for Life workflow leverages multiple communication channels to ensure lender messages resonate with customers no matter their individual communication preferences. For purchase customers, the workflow kicks off with a closing gift delivered to the customer's new home. Over the next 60 months, customers receive a carefully curated mix of high-impact emails, direct-mail marketing, personalized voice recordings powered by Surefire Power Calls and dynamic text messages leveraging Surefire Power Messaging.

Surefire Creative Content has earned a combined 16 gold and platinum trophies from the Hermes Creative Awards and AVA Digital Awards since the beginning of the year. Top of Mind's in-house marketing team leverages decades of marketing and mortgage industry experience to engage customers' curiosity, excitement and sense of humor, creating emotional connections that make a lasting impression. Unique, personalized outreach is generated for each customer based on individual milestones, from birthdays to loan closing anniversaries to refi opportunities. Lenders can customize the Client for Life Workflow by adding links to their own marketing collateral.

To learn more about SurefireCRM's Client for Life Workflow, please visit https://www.topofmind.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 @Hermes_Awards @AVA_Awards #Powercalls #PowerMessaging #ClientforLife #creativematters #mortgagemarketing

Top of Mind Networks (Top of Mind), a leader in customer relationship management (CRM) and marketing automation software for the mortgage lending industry, today announced enhancements to its "Client for Life" Workflow. Available to users of SurefireCRM, the Client for Life Workflow helps lenders protect market share by creating over 100 distinct opportunities to stay connected with borrowers over a five-year period.

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

Certain Lending Launches Major Survey of Real Estate Investors

SAN FRANCISCO, Calif. /ScoopCloud/ -- Certain Lending released a national survey of real estate investors. A majority of real estate investors expect COVID-19 will cause home prices to decline up to 20%.

The survey of 569 real estate investors across the U.S., conducted between April 20 and 24, is the first of its kind to report how real estate investors believe COVID-19 will impact the U.S. economy, housing markets, and mortgage credit. The full survey is available at https://medium.com/certainlending.

"Non-institutional real estate investors own and make a living from $7 trillion of real estate. They are an untapped source of insight about how events and forces shape the U.S. economy and housing market," said Shreyas Vijaykumar, cofounder and chief technology officer for Certain Lending. "We are excited to engage the community and report insightful findings about COVID-19's expected impacts."

The survey finds that relative to the 2009 recession, known as the U.S. housing crisis, half of real estate investors believe the impact of COVID-19 will be more severe for the U.S. national economy. Three quarters of real estate investors expect COVID-19 will cause home prices to decline, but the magnitude will be less severe than during the U.S. housing crisis. A majority expect home prices will decline up to 20% because of COVID-19.

According to the survey, approximately half of real estate investors expect it will be a good time to buy properties over the next six months with about as many planning to increase their personal investment in real estate over the time period. 90% of real estate investors believe the U.S. economy will rebound within 18 months.

With the weak economy and real estate cooling, a majority of real estate investors expect supply to increase across online realtor listings, off market channels, short sales, foreclosures, and distressed-property auction websites.

The survey finds 38% of real estate investors think it will be harder to get a loan, and 32% don't know if financing will be easier or harder in the next six months.

Added Charles McKinney, cofounder and chief executive officer of Certain, "With anxiety about the economy, freezing of the capital markets, and many commercial lenders pulling back, traditional ways of getting a loan has become more expensive and less likely. For lenders with the credit sophistication and software to efficiently underwrite and originate loans in the COVID-19 economy, there's a huge opportunity to consolidate market share."

About Certain Lending:

Certain Lending is a FinTech startup cofounded by Freddie Mac and Palantir Technologies alumni and backed by Founders Fund, 8VC, Goldcrest, XYZ, Village Global, and the LeFrak organization. With Certain Lending, real estate investors get tailored financing offers in one place and close loans in days, not weeks. For financial institutions, Certain creates favorable yield from business purpose mortgages fully underwritten, originated, and monitored by our software.

For more information about the company, visit https://www.certainlending.com/.

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Certain Lending released a national survey of real estate investors. A majority of real estate investors expect COVID-19 will cause home prices to decline up to 20%. The survey of 569 real estate investors across the U.S., conducted between April 20 and 24, is the first of its kind.

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