Tag Archives: FinTech

IDS Expands eClosing Platform to Include eNotes, Rebrands as Solitude Solution

SALT LAKE CITY, Utah /ScoopCloud/ -- Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it has expanded the capabilities of its eClose platform to include eNotes. Recently branded as Solitude Solution, the platform's eClosing capabilities allow lenders and borrowers to execute loans digitally.

"IDS has always taken pride in our ability to anticipate our clients' needs, and our response to their urgent need for eClosing and eMortgage technology in the current climate has been no different," said IDS Vice President and General Manager Mark Mackey. "Our customers are already familiar with our easy-to-use eSign platform, and with our eNote capabilities, customers have the ability to digitally deliver a mortgage. As the mortgage industry strives to continue offering borrowers the ability to move forward in the loan process throughout these troubled times, IDS is proud to be part of the solution."

Solitude Solution offers midnight automation capabilities, allowing documents to be sent to the borrowers early for review and automatically become active for eSign on the closing date. Additionally, Solitude Solution is built to deliver documents to the appropriate parties, ensuring that borrowers and settlement agents only see the documents they are required to acknowledge, sign, or review.

The platform also includes access to IDS' user-friendly eSign Room, where document signers can review their documents, find the appropriate highlighted signature line and click to sign. The eSign Room also allows borrowers or settlement agents who prefer to ink sign the note to print, ink sign and upload the completed documents into the eSign Room, enabling lenders to maintain digitally-driven loan origination and closing processes.

"With so many variances regarding digital mortgage acceptance across investors, state regulators and other levels, flexibility is a crucial element to any digital mortgage platform," Mackey added. "Solitude Solution was built to ensure that lenders have the latitude to execute their loans as digitally as possible so that they may reap the benefits of a digitally-driven process and provide consistent, reliable service to their borrowers and closing partners."

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. Learn more: https://info.idsdoc.com/.

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News from International Document Services Inc.

Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it has expanded the capabilities of its eClose platform to include eNotes. Recently branded as Solitude Solution, the platform's eClosing capabilities allow lenders and borrowers to execute loans digitally.

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

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

ARMCO Launches ACES Consumer™ Quality Management Platform for Financial Institutions

DENVER, Colo. /ScoopCloud/ -- ACES Risk Management (ARMCO), the leading provider of enterprise quality management and control software for the lending industry, announced the official release of ACES Consumer, the next iteration of its ACES Audit Technology(TM) platform designed specifically for financial institutions. The new solution provides both consumer banks and credit unions with a single platform to improve loan quality and gain valuable insights across all consumer lending channels.

"Traditionally, financial institutions have taken a siloed approach to quality control in lending. As a result, organizations may have a different process or platform for managing loan quality in each of their consumer product lines, thereby duplicating efforts and increasing the cost to comply," ARMCO CEO Trevor Gauthier said. "As the leader in quality control audit software for the mortgage industry, ARMCO has amassed a wealth of knowledge on best practices for managing QC and compliance, which we have leveraged in the development of ACES Consumer to provide all financial institutions with a single platform capable of ensuring loan quality and mitigating risk across their entire enterprise."

ACES Consumer is a web-based, user-definable platform that enables financial institutions to easily configure audits across their entire consumer lending portfolio to help reduce audit times by up to 40% and eliminate manual processes. Backed by a dedicated Client Success team, the platform includes automated loan sampling functionality, advanced reporting and dashboarding capabilities and a secure communication portal to streamline the quality control process.

ACES Consumer also uses pre-built questionnaires to ensure compliance with federal consumer regulations covering, but not limited to:
* Consumer direct and indirect lending;
* Truth in Lending Act (TILA);
* Loan applications;
* Branch audits;
* New deposit open end credit;
* Consumer loan servicing;
* Consumer leasing;
* Marketing; and
* Community Reinvestment Act (CRA).

"Many financial institutions have been forced to rely on spreadsheets, email and manual processes to power their quality control audits. As organizations grow, these methods quickly become inadequate to the task, which exponentially increases the number of manhours required to complete this mission-critical function. Furthermore, these methods are ill-suited to a remote work environment, as they add unneeded complexity to the process and create multiple opportunities for data to become lost or corrupted," Gauthier said.

"With ACES Consumer, financial institutions can harness the power of web-based automation to streamline the quality control process, thereby ensuring that they have a scalable process in place for managing loan quality and mitigating risk, regardless of their operational circumstances."

For more information, visit https://www.armco.us/products/aces-consumer.

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.

News from ARMCO ACES Risk Management

ACES Risk Management (ARMCO), the leading provider of enterprise quality management and control software for the lending industry, announced the official release of ACES Consumer, the next iteration of its ACES Audit Technology platform designed specifically for financial institutions.

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

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

FormFree and Ocrolus Partner for Comprehensive Borrower Income Verification Program

ATHENS, Ga. /ScoopCloud/ -- FormFree(R), a leading fintech provider of credit decisioning services, today announced a partnership with Ocrolus, a leading fintech infrastructure company that transforms documents into actionable data with over 99% accuracy. FormFree's Passport(tm) all-in-one asset, employment and income verification service now includes API calls to Ocrolus for paystub and W-2 tax form collection and data verification.

Each day, Passport helps tens of thousands of loan originators assess the ability of loan applicants to repay loans. FormFree's partnership with Ocrolus enables Passport to ingest data from paystubs submitted in PDF or cell phone photo format. Passport can also pull income data directly from payroll providers with a consumer's permission.

"Income verification is a critical factor in assessing a borrower's ability to repay a loan," said FormFree CEO Brent Chandler. "Enabling lenders to corroborate images of paystubs against digital data sources allows them to make credit decisions with a high level of confidence."

As Ocrolus digitizes data from submitted paystubs and W-2 documents, Passport corroborates that data against public and proprietary sources to validate that the stated employer is a real company with whom the loan applicant has a verifiable connection. Next, the program compares the paystub data against consumer asset data to calculate annual net pay and gross income. The verified asset, income and employment data points are then instantaneously pushed to the lender systems such as point-of-sale (POS) platforms, loan origination software (LOS) and automated underwriting systems (AUS).

"We developed Ocrolus to analyze documents of any format or quality with over 99% accuracy," said Sam Bobley, CEO of Ocrolus. "FormFree is a leading fintech that we are proud to partner with; incorporating our capabilities within Passport provides lenders with precisely accurate data for financial decisioning."

Paystub and W-2 document submissions are currently supported and available to FormFree customers. Ocrolus and FormFree are also developing integrations for additional financial documents including bank statements.

About Ocrolus:

Ocrolus is a fintech infrastructure company that transforms documents into actionable data with over 99% accuracy. Powered by artificial intelligence and a unique, human-in-the-loop data validation process, Ocrolus plugs directly into customer workflows via API, eliminating the need for manual data work. The solution includes built-in fraud detection and analytics, enabling customers to make smarter and faster business decisions with unprecedented scalability and precision.

Use cases include mortgage, small business, auto and personal loan underwriting, credit account openings and other document-intensive processes. Ocrolus has raised over $30 million in venture capital backed by Oak HC/FT, FinTech Collective, Bullpen Capital and QED Investors, among others. Visit https://www.ocrolus.com/ to learn more.

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.

News from FormFree

FormFree, a leading fintech provider of credit decisioning services, today announced a partnership with Ocrolus, a leading fintech infrastructure company that transforms documents into actionable data with over 99% accuracy.

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

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

SimpleNexus app breezes past 2 million borrower downloads as more consumers and loan originators adapt to mobile mortgage origination

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 two million consumers have downloaded its award-winning mobile app. The milestone marks a 53.8% increase in consumer downloads of the SimpleNexus app since the beginning of the year.

With 42 out of 50 U.S. states responding to the COVID-19 pandemic by issuing stay-at-home orders, more consumers than ever are seeking tools that allow them to collaborate with real estate agents and mortgage originators without meeting face-to-face.

SimpleNexus, which earned global recognition last month as Fintech Breakthrough's 'Best Digital Mortgage Platform' of 2020, serves as a common hub where borrowers, real estate agents and mortgage originators can collaborate on loan applications, upload documents and share real-time status updates. To date, SimpleNexus has connected 2,040,724 consumers with more than 24,000 active loan originators and 98,000 real estate agents nationwide.

"SimpleNexus is dead simple to use. It gives borrowers both the latitude to work independently and immediate access to expert guidance when it's needed," said SimpleNexus Founder and CEO Matt Hansen. "The combination of ease-of-use and transparency is resonating strongly with originators and loan applicants alike in this time of economic uncertainty and personal upheaval. We are delighted to see this level of market enthusiasm for SimpleNexus and are responding by doubling down on our commitment to ongoing product enhancement."

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.

News from SimpleNexus

SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced that more than two million consumers have downloaded its award-winning mobile app.

Related link: https://simplenexus.com/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

Global DMS Receives Innovations Award from PROGRESS in Lending for EVO Appraisal Management Software

LANSDALE, Pa. /ScoopCloud/ -- Global DMS, a leading provider of cloud-based appraisal management software, announced that it has been selected by PROGRESS in Lending for its "Innovations Award," which recognizes companies that have come together to create something truly game-changing for the mortgage space.

As part of its selection process, PROGRESS in Lending scored each applicant's innovation on a weighted scale, looking at its overall industry significance, originality, the positive change it made possible, the intangible efficiencies it now allows, and the hard cost and time savings it enables industry participants to achieve.

Global DMS(R) was recognized for the successful development and roll-out of EVO-Res(TM) - the industry's next-generation appraisal management technology for residential lenders, AMCs, and appraisers. Unlike other platforms on the market, EVO-Res offers state-of-the-art technological advances that shatter the constraints of yesteryear software designs by allowing users to work the way they need to work.

EVO-Res was built with the end-user in mind to provide a customized experience that's roll-based, which includes separate dashboards and task lists to help drive optimal performance. The platform is also 100% configurable down to the field level, allowing clients to tailor all aspects of the software and its functionality to their exact needs in real-time - no development intervention needed.

EVO-Res' numerous features-including its digital forms, custom reporting, and robust appraisal reviews-combined with its powerful workflow automation mean users no longer have to operate additional modules or other software in conjunction with their appraisal management software - thus achieving a streamlined process that saves time and money.

"Through its ease-of-use, configurable design, and unique automation capabilities, EVO-Res provides a significant boost in efficiency through every phase of the appraisal process," said Global DMS COO, Jody Collup. "Global DMS is proud to be recognized for this effort by PROGRESS in Lending and will continue to push the boundaries on appraisal management technology, as we've done for 21 years."

For the complete list of PROGRESS in Lending's Innovations Award winners, please visit: https://mymortgagemindset.com/the-2020-innovations-award-winners-are/

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.

News from Global DMS

Global DMS, a leading provider of cloud-based appraisal management software, announced that it has been selected by PROGRESS in Lending for its "Innovations Award," which recognizes companies that have come together to create something truly game-changing for the mortgage space.

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

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

SimpleNexus Appoints Decorated SaaS Sales Executive Cathleen Schreiner Gates to Board of Directors

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 election of senior sales executive Cathleen Schreiner Gates to its board of directors.

Schreiner Gates has been driving accelerated growth at early stage and global software-as-a-service (SaaS) organizations for 35 years. From 2015 to 2019, she served as EVP of sales and marketing at cloud-based mortgage finance technology provider Ellie Mae (NYSE: ELLI). During her tenure, Ellie Mae spent six consecutive years on the Deloitte Technology Fast 500 and negotiated a $3.7-billion purchase by private-equity firm Thoma Bravo. Schreiner Gates is CEO of independent consulting firm Trifecta, which she founded in 2009.

"Cathleen's experience helping innovative companies establish leadership positions in their markets makes her an indispensable addition to SimpleNexus' board of directors," said SimpleNexus President and COO Ben Miller. "She brings with her a trove of invaluable operational insights that will play an important role in SimpleNexus' ability to deliver increased value to our partners."

"SimpleNexus has established itself as a forward-thinking digital mortgage firm whose innovations are catapulting technology advancements across the mortgage industry," said Schreiner Gates. "I look forward to helping the success of a company that is changing the future of lending."

Schreiner Gates' accomplishments in the mortgage industry have been recognized by HousingWire magazine, which honored her with its Vanguard and Women of Influence awards, and by Mortgage Professional America, which named her an Elite Woman in Mortgage. She has also been recognized by the Sales Lead Management Association as one of '20 Women Leaders in Business.' Schreiner Gates holds a master's degree in business administration with a concentration in finance and computer technology from Rutgers University.

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.

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*Photo caption: Cathleen Schreiner Gates.

Twitter: @SimpleNexus #digitalmortgage #peoplemovers #boardappointments

News from SimpleNexus

SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced the election of senior sales executive Cathleen Schreiner Gates to its board of directors.

Related link: https://simplenexus.com/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

MQMR Adds Mortgage-Focused Social Media Monitoring Platform

LOS ANGELES, Calif. /ScoopCloud/ -- Mortgage Quality Management and Research, LLC (MQMR) announced today that it has added ActiveComply, a social media monitoring platform, to its suite of audit, risk and compliance-focused solutions for financial institutions and independent mortgage lenders.

The platform, which is offered through a partnership agreement with the platform's developer and namesake, provides lenders with the ability and agility to proactively manage, monitor and extend their companies' social media reach while maintaining compliance with financial marketing and records retention regulations.

"Social media has become a ubiquitous component of today's marketing strategies for loan officers and mortgage companies, so much so that lenders need more comprehensive tools for monitoring social media compliance than simply 'the eyeball test,'" said MQMR President Michael Steer. "Because MQMR's compliance team has conducted thousands of marketing compliance reviews, which include social media content, we are keenly aware of the challenge lenders face in this regard, and by providing an automated solution for monitoring, we are not only expanding our clients' compliance coverage, but also providing them with valuable peace of mind."

The ActiveComply platform can be configured to reflect the user's unique corporate social media policy specifications and offers a simple user interface and one-touch executive reporting capabilities, as well as notifications sent to a company's in-house compliance team with flagged content for review. Available functionality includes but is not limited to: discovery and continuous monitoring of company and loan officer social media accounts and websites, detection of unauthorized online activity, identification of missing compliance requirements and archival of online contents to meet regulatory record retention requirements.

For more information or to schedule a demo with MQMR, visit https://www.mqmresearch.com/services/social-media-compliance-marketing/.

About Mortgage Quality Management and Research, LLC

MQMR helps its clients climb higher by bridging the gap between risk and compliance through its suite of risk-related services. MQMR provides mortgage compliance consulting throughout the origination process, conducting internal audit risk assessments and ongoing internal audit support, servicing QC and subservicing oversight to master servicers, and filling the void of meeting vendor management oversight requirements. With 2,000+ operational reviews of mortgage companies, subservicers, document custodians, and vendors annually, MQMR prides itself on being the mortgage industry partner of choice for audit, risk and compliance. To learn more, visit mqmresearch.com, subsequentqc.com, and hqvendormanagement.com.

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News from Mortgage Quality Management and Research LLC

Mortgage Quality Management and Research, LLC (MQMR) announced today that it has added ActiveComply, a social media monitoring platform, to its suite of audit, risk and compliance-focused solutions for financial institutions and independent mortgage lenders.

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

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

Tapcheck and PRO Resources Inc. Partner to Bring More U.S. Companies Early Wage Access

TARZANA, Calif. /ScoopCloud/ -- Financial solutions company, Tapcheck, has announced its latest partnership with PRO Resources - a multi-state Professional Employer Group with over 30 years of experience.

PRO Resources is always searching for innovative ways to evolve its service offerings and add value to its employer groups. Mike Brodsho, CEO, of PRO Resources, says, "Tapcheck's benefit was appealing to us because it's highly impactful for employees, it does not increase the employer's cost, it's easily deployable across multiple states, and it seamlessly integrates with our core HR and Payroll software."

Tapcheck works with professional employer groups and payroll providers across the country to bring employees immediate access to their earned wages. Once a business enrolls with Tapcheck and shares its payroll/time tracking information, employees can sign up to request earnings through the Tapcheck mobile app. Access to on-demand wages offers employees more financial flexibility, which is designed to particularly help the many American Workers (78%) who live paycheck to paycheck.

"Tapcheck gives employees the freedom to pay bills on time, avoid non-sufficient funds fees, reduce the need for high-interest payday loans, and access money between paydays," says Susie Kendall, President at Tapcheck.

Together, the partnership between the Tapcheck and PRO Resources will bring this financial wellness benefit to more employers and employees across the multiple U.S. states PRO Resources operates in. The aim is to help employers attract more job seekers, improve employee retention, and create a happier workforce while giving employees more financial flexibility to improve their overall state of wellness

"The world is always changing and we believe bringing continuous development is key to serving our customers," says Susie Kendall of Tapcheck.

PRO Resources Inc.
Home Office:
1271 Hwy 10 W
Detroit Lakes, MN 56501

Tapcheck Inc.
18757 Burbank Blvd. Ste. 109
Tarzana, CA 91356

About Tapcheck

Tapcheck, established in 2018, is the provider of a financial wellness benefit that grants employees early wage access through a digital platform. The service enables greater financial flexibility for employees while offering employers a no-cost benefit to improve productivity, enrich company culture and drive employee retention. Learn more: https://www.tapcheck.com/

About PRO Resources Inc.

PRO Resources Corporation is a Professional Employer Organization (PEO), established in 1991, that designs and implements human resource solutions for clients in small and mid-sized markets.

We work shoulder-to-shoulder with our clients to develop creative solutions that increase productivity, improve the focus on core operations and maximize the return on their human capital investment.

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News from Tapcheck

Financial solutions company, Tapcheck, has announced its latest partnership with PRO Resources - a multi-state Professional Employer Group with over 30 years of experience.

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

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

Remote Online Notarization Taking Hold in Florida, NotaryCam Reports

NEWPORT BEACH, Calif. /ScoopCloud/ -- NotaryCam(R), the pioneering leader in online notarization and original provider of mortgage eClosing solutions, announced it has observed a significant increase in remote online notarization (RON) adoption and utilization for real estate transactions in Florida over the past three months. Since January 1, which is the date Florida's RON law went into effect, the company has experienced a 100% month-over-month increase in RON closings.

"With such a high concentration of property transactions being executed by out-of-state residents, Florida represents a great use case for RON," said NotaryCam Founder and CEO Rick Triola. "Our volume of Florida RON closings is doubling almost every other day, and we have signed hundreds of new partners in the past three months. We're thankful that Florida real estate professionals have embraced RON quickly and whole-heartedly to enable their clients' transactions to proceed faster and smoother than ever before."

According to the Florida Realtors(R) association, international buyers accounted for 36,400 of all existing home sales in the state between August 2018 and July 2019, which represents $16 billion in volume. The association also estimates that the vacation/rental-home business accounted for $27.4 billion in sales within the state in 2018. In addition, Florida also has four out of the top 10 cities on the U.S. News & World Report "Best Places to Retire" list for 202), including Fort Myers at No. 1, Sarasota and No. 2, Port St. Lucie at No. 5 and Jacksonville at No. 6.

For Florida-based real estate closing attorney and NotaryCam client Jordan Lulich of Lulich Attorneys and Consultants, the availability of user-friendly technology has made RON a popular option with clients across all demographics.

"We have started offering digital real estate closings to Florida sellers and buyers. I thought this would only be popular among younger clients. However, to my surprise, even older clients have been able to successfully complete the closings through NotaryCam," Lulich said. "The technological support and guidance that is offered is really top notch, and I have only heard positive feedback from the real estate agents and clients that I work with. We continue to push all of our clients to close digitally as it makes the process easier for everyone."

"I have been part of many closings where I've had clients close in other states or areas, but never live," said Robenson Juste, a broker associate at EXP Realty and based in Indian River County, Fla., which includes Vero Beach. "Mr. Lulich was able to do an online closing with the seller. This process with Mr. Lulich was very smooth and effortless. It created a unique digital experience where we all shared the joy together even though we were all in different places, creating one happy seller experience."

"I have had on two different occasions clients who were not able to attend the in-person closings at our office," said Michael Salazar, a Miami-based broker with Luxury Property Realty. "Rather than stress about ensuring the mobile notary would be able to accommodate a mail away closing, we scheduled an online closing through NotaryCam. I was nervous at first because I can be old school in terms of having in-person closings. However, to my surprise, the process was so smooth, and even my elderly clients seemed to enjoy it. Now, whenever we get the chance, I always try to do an online closing because I enjoyed it so much"

Additionally, according to Lulich, the increase in RON activity was especially pronounced during March and into April with in-state buyers and sellers due to concerns and regulations surrounding COVID-19.

"For the past six months, I have been passionately talking about RON closings only to be faced with skepticism and reluctancy," Lulich explained. "However, now clients, customers and vendors are flocking to have their closings completed digitally. RON closings will be extremely useful and more popular in the coming weeks in light of Florida Governor Ron DeSantis' stay-at-home order issued on April 1."

On March 18, U.S. Senators Mark Warner (D-Va.) and Kevin Cramer (R-N.D.) introduced Senate Bill 3533, also known as the SECURE Notarization Act, which would legalize RON nationwide. The bill was introduced in response to the COVID-19 pandemic, which has prompted several states and municipalities to issue "shelter-in-place" or "stay-at-home" orders and individuals to practice social distancing in an effort to slow the spread of the disease. In addition, many states have also issued temporary RON provisions to address the challenges of conducting in-person notarization transactions during the pandemic.

"Given the current climate, in-person closings simply are not an option for the foreseeable future," Triola added. "As Florida has demonstrated, the ability to conduct real estate closings remotely is critical to preventing this sector from grinding to a complete halt. NotaryCam applauds all efforts to make RON an option in all 50 states."

About NotaryCam

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

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

News from NotaryCam Inc.

NotaryCam, the pioneering leader in online notarization and original provider of mortgage eClosing solutions, announced it has observed a significant increase in remote online notarization (RON) adoption and utilization for real estate transactions in Florida over the past three months.

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

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

HousingWire Honors OpenClose as a 2020 Mortgage Tech100 Innovator

WEST PALM BEACH, Fla. /ScoopCloud/ -- OpenClose(R), the leading mortgage fintech provider and omni-channel loan origination system (LOS), announced that due to its industry-pioneering technology innovations, successful launches and the resulting stellar lender outcomes, the company was named to the prestigious HousingWire 2020 Mortgage Tech 100 List.

OpenClose made the list because of their multiple advances in its single-source digital lending solution that consolidates robust front-end borrower/LO-facing digital mortgage POS technology with an omni-channel, fully browser-based, end-to-end LOS which also offers an embedded product and pricing engine (PPE) and BI/analytics capability. In addition, OpenClose developed a flexible RESTful API suite, IntegrationAssist(TM), that enables the company to more easily and cost effectively integrate with disparate systems.

The enhanced OpenClose platform cuts the cost to manufacture loans, eliminates multiple systems, delivers newfound efficiencies, optimizes origination and operations, streamlines workflows and enhances the consumer experience. More specifically, lenders benefited by OpenClose reducing the number of FTEs and external development costs lenders needed by up to 43 percent along with lowering the processing and underwriting cycle times from seven days to an astounding two hours.

"The winners of the 2020 HousingWire Tech100 Mortgage and Real Estate awards are truly the most impactful and innovative companies in housing. Not only do these companies empower their clients and users, they are supporting a more efficient, accessible and sustainable housing economy," said HousingWire CEO, Clayton Collins.

"At OpenClose, we're always innovating, enhancing our solution set and arriving at new ways to help our lender customers be as successful as possible," said JP Kelly, president of OpenClose. "Our entire organization is honored to have been selected as a HW 2020 Mortgage Tech100 award, which is a direct reflection our employees' hard work, passion and immense dedication to serving OpenClose customers."

HousingWire states that the goal of the Tech100 program is to provide housing professionals with a definitive list of the most innovative and impactful companies that can be leveraged to identify partners and solutions to the problems that mortgage lenders and real estate professionals face every day. In response to the expanding solutions landscape and HousingWire's diverse audience, this year the Tech100 program was divided into the HW Tech100 Mortgage and the HW Tech100 Real Estate.

"This year's Tech100 winners blew past innovation, moving beyond innovation to transformation," HousingWire Associate Magazine Editor Kelsey Ramírez said. "In both the real estate and mortgage sectors, fintech companies continue to create new ways to approach the housing process, improving efficiencies, cutting costs and creating a new experience for all parties involved."

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 HousingWire:

HousingWire is the most influential source of news and information for the U.S. mortgage and housing markets. Built on a foundation of independent and original journalism, HousingWire reaches over 60,000 newsletter subscribers daily and over 7.5 million unique visitors each year. Our audience of mortgage, real estate, financial services and fintech professionals rely on us to Move Markets Forward. Visit www.housingwire.com or​ ​www.solutions.housingwire.com to learn more.

Social Media: @OpenClose_LOS @HousingWire #OpenClose #HousingWireMortgageTech100 #LoanOriginationSoftware #MortgageFintechSoftware

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

News from OpenClose

OpenClose, the leading mortgage fintech provider and omni-channel loan origination system (LOS), announced that due to its industry-pioneering technology innovations, successful launches and the resulting stellar lender outcomes, the company was named to the prestigious HousingWire 2020 Mortgage Tech 100 List.

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

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

ARMCO Updates ACES IQ to Provide Guidance on Regulatory Changes Made in Response to COVID-19 National Emergency Declaration

DENVER, Colo. /ScoopCloud/ -- ACES Risk Management (ARMCO), the leading provider of enterprise financial risk mitigation solutions, announced it has created a new question set category within its ACES Intelligent Questionnaire (ACES IQ) functionality to house all temporary regulatory provisions issued by state and federal agencies and the GSEs in response to the COVID-19 national emergency declaration. The new category provides ACES users with a centralized repository inside ACES Audit Technology to ensure audits are conducted using the most up-to-date compliance standards.

"With new information and guidance being issued seemingly by the minute at all supervisory levels, the task of collecting and tracking these changes can overwhelm even the most robust compliance department," ARMCO CEO Trevor Gauthier said. "In these challenging times, it is more important than ever for ARMCO to support its customers in their compliance, quality control and risk management efforts, and our team is dedicated to staying on top of these temporary provisions to ensure our clients are always working with the most current information available."

To help the industry at large stay informed of these changes as they arise, ARMCO is also tracking compliance news related to COVID-19 in its Compliance NewsHub, a free credit and compliance research library curated by ARMCO's in-house compliance team covering updates from regulators and investors. Readers can search for all COVID-19 compliance updates and news within the "Disaster News" category. In addition, ARMCO's compliance team has added all current dates for temporary compliance provisions related to COVID-19 on the Compliance Calendar, ARMCO's searchable roundup of compliance dates and deadlines, under the tag "COVID-19."

To subscribe to the Compliance NewsHub Weekly Roundup and Compliance Calendar, visit https://www.armco.us/compliance-newshub/subscribe.

About ARMCO

ARMCO is the leading provider of loan quality enterprise software, services, data and analytics for financial institutions and independent mortgage lenders. Its flagship product, ACES Audit Technology(tm), has set the bar for user definability in its category and is used at virtually every point in the mortgage lifecycle, as well as for a wide range of risk-prone business operations across the consumer lending spectrum. Over half of the top 25 mortgage lenders and 33% of the top 150 lenders and servicers combined choose ARMCO. ARMCO's consultative approach to customer relationships leverages 25 years of risk intel, ensuring that its clients are using the most effective risk mitigation strategies and the fastest, most reliable, most efficient means for preventing risk-related loss. ARMCO distributes the ARMCO Mortgage QC Industry Trends Report, a free quarterly analysis of industry-wide mortgage loan quality.

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

News from ARMCO ACES Risk Management

ACES Risk Management (ARMCO), the leading provider of enterprise financial risk mitigation solutions, announced it has created a new question set category within its ACES Intelligent Questionnaire (ACES IQ) functionality to house all temporary regulatory provisions issued by state and federal agencies and the GSEs in response to the COVID-19 national emergency declaration.

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

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Top of Mind gives loan originators must-have text messaging capabilities with SurefireCRM Power Messaging

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 the release of Power Messaging, a feature that enables SurefireCRM users to deliver high-touch text communication to consumers at scale.

Power Messaging makes it easy for loan originators (LOs) to engage prospects and customers with personal and timely text message communications. LOs control when, to whom and under which circumstances messages are sent. For instance, text messages may be sent to individual recipients or to groups of contacts; they may be deployed on a one-off or recurring basis; and they can be pushed immediately or scheduled for future deployment. LOs can even automate text communication with conditional rules and advanced workflows.

Power Messaging enables delivery of long-form messages with rich content. For instance, text messages can be customized with dynamic content, multimedia and external links. Power Messaging does not require recipients to download any apps, subscribe to a cellular data plan or acquire new technology skills. LOs can receive and respond to text messages from a dedicated chat window within the SurefireCRM platform.

"The ability to communicate with consumers on a personal level, on their preferred device, is just as critical to loan officers as being able to reach broad audiences through social media and email," said Top of Mind Chief Creative Officer Sherwood Lawrence. "At Top of Mind, we take people personally. Power Messaging is not a chat bot. What we've done is scale the person behind the process, so that loan officers can meaningfully engage consumers while growing and managing their sales pipelines."

About Top of Mind Networks:

Founded in 2003, Atlanta-based Top of Mind Networks (https://www.topofmind.com) has grown from a bootstrapped post-close, follow-up solution into the leading CRM/marketing automation firm in the mortgage industry. Their Surefire platform is widely regarded as the gold standard in enterprise CRM, automating best practice throughout a borrower's prospect-to-repeat-customer lifecycle.

Twitter: @mortgagecrm #PowerMessaging #mortgagemarketing

News from Top of Mind Networks

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 the release of Power Messaging, a feature that enables SurefireCRM users to deliver high-touch text communication to consumers at scale.

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

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

FormFree Expands Partnership with American Red Cross of Northeast Georgia in Celebration of 2020 Red Cross Month

ATHENS, Ga. /ScoopCloud/ -- FormFree® today announced it is celebrating Red Cross Month by expanding its long-held partnership with the American Red Cross of Northeast Georgia. FormFree will support the Northeast Georgia chapter's mission of alleviating human suffering in the face of emergencies by giving fiscal contributions and engaging in monthly acts of service throughout 2020.

In April, FormFree will kick off its expanded partnership by donating life-saving blood to help hospitals maintain a continuous supply during the novel coronavirus pandemic. According to a recent statement released by the Red Cross, which collects 40 percent of the U.S. blood supply, more than 12,000 blood drives have been canceled across the country as of March 30, leading to an estimated 325,000 fewer blood donations. The resulting blood supply shortage could affect the ability of victims of physical trauma, surgery patients and cancer patients to get the care they need.

"The Red Cross' mission of alleviating human suffering in the face of emergencies resonates powerfully with FormFree's culture of empathy, service and generosity," said FormFree Founder and CEO Brent Chandler. "Although we've long been a partner of the American Red Cross of Northeast Georgia, in today's uncertain environment we feel especially compelled to give back to this vital institution supporting our community."

Chartered in 1917, the American Red Cross of Northeast Georgia provides direct service to 23 Georgia counties by supporting the collection, testing and distribution of blood and blood components in the region, providing emergency resources for military families, facilitating lifesaving training in first aid, CPR and use an AED and helping people and communities impacted by disasters. Red Cross Month is a nationwide tradition begun by President Franklin D. Roosevelt in 1943.

"FormFree shares our passion for serving our nation's veterans and communities in need," said Marlon Trone, executive director of the American Red Cross of Northeast Georgia. "We thank them for their continual generosity and look forward to working alongside them for the betterment of our community for years to come."

FormFree has participated in numerous community awareness and service events hosted with the Red Cross of Northeast Georgia since the company's founding in 2008. Brent Chandler joined the Red Cross of Northeast Georgia's board of directors in 2017.

About FormFree:

FormFree® is a market-leading fintech company whose revolutionary products AccountChek® 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.

About the American Red Cross

The American Red Cross shelters, feeds and provides emotional support to victims of disasters; supplies about 40 percent of the nation's blood; teaches skills that save lives; provides international humanitarian aid; and supports military members and their families. The Red Cross is a not-for-profit organization that depends on volunteers and the generosity of the American public to perform its mission. For more information, please visit https://www.redcross.org or cruzrojaamericana.org, or visit us on Twitter at @RedCross.

Twitter: @RealFormFree @RedCross @NEGAARC #RedCrossMonth

News from FormFree

FormFree® today announced it is celebrating Red Cross Month by expanding its long-held partnership with the American Red Cross of Northeast Georgia. FormFree will support the Northeast Georgia chapter's mission of alleviating human suffering in the face of emergencies by giving fiscal contributions and engaging in monthly acts of service throughout 2020.

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

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

DocMagic Launches AutoPrep Technology, Enabling Total eClose™ to Accept Documents from Any Provider for Paperless eClosings

TORRANCE, Calif. /ScoopCloud/ -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, today announced the launch of AutoPrep, a new technology that enables the company's Total eClose™ platform to accept documents from any source - including non-e-enabled documents.

AutoPrep leverages sophisticated artificial intelligence, OCR and machine learning technologies to scan and parse documents, locate all signature and notary regions, then electronically tag them for eClosing, thus changing any document into a fully e-enabled document in seconds. As a result, lenders can use loan documents produced by virtually any document provider, from standard documents to partially e-enabled documents, with Total eClose and benefit from the technology's end-to-end, 100 percent paperless eClosing process.

AutoPrep can learn the nuances of specific documents and adjust accordingly going forward, identify whether signatures are improperly placed or missing, find e-tags placed by other providers, and even read documents that have been partially but not fully converted into e-enabled documents. In addition, because AutoPrep flags documents when it identifies situations that are outside the norm, closing personnel can be more productive by managing exceptions, rather than combing over every page of a document package.

"With AutoPrep, there isn't a single document that cannot be converted into a compliant e-enabled document and brought into Total eClose for electronic signature," said Dominic Iannitti, CEO of DocMagic. "While eClosings are more efficient, compliant, and enable the level of service consumers expect, they aren't as common as they should be. One reason is that some lenders are tied to systems that don't produce e-enabled documents. With AutoPrep, lenders can transition more quickly to an eClosing workflow bringing efficiency, consistency and significant improvement to the user experience."

AutoPrep is a feature of DocMagic's Total eClose platform, which was recognized as the mortgage industry's leading eClosing technology based on market share, overall satisfaction, and lender loyalty in STRATMOR Group's 2019 Mortgage Technology Insight Study. A comprehensive solution, it delivers a completely paperless workflow and seamlessly integrates every component of the closing process.

"DocMagic is known for its commitment to moving the mortgage industry forward with advancements like a 100 percent paperless end-to-end eClosing process," said Iannitti. "As the industry's eClosing leader, we are positioned to fill the gaps left by less advanced technologies. AutoPrep solves the longstanding and frustrating challenge that lenders face when they want to advance to eClosing, but are held back by their technology providers."

To learn more about AutoPrep, interested parties can sign up for a brief online demo of the new solution by emailing sales@docmagic.com.

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/.

Social Media: @DocMagic #DocMagic #AutoPrep #TotaleClose #eClosingLeader

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

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News from DocMagic, Inc.

DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, today announced the launch of AutoPrep, a new technology that enables the company's Total eClose™ platform to accept documents from any source - including non-e-enabled documents.

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

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

Alpine Bank Selects CompenSafe by LBA Ware for Efficient, Accurate and Scalable Compensation Plan Management

MACON, Ga. /ScoopCloud/ -- LBA Ware™, a leading provider of incentive compensation management (ICM) and business intelligence software solutions for the mortgage industry, announced that full-service community bank Alpine Bank has implemented CompenSafe™ to automate incentive compensation for its mortgage loan originators and fulfillment staff.

Headquartered in Glenwood Springs, Colorado, Alpine Bank's mortgage division serves the home purchase and refinance needs of borrowers throughout the state's Western Slope and Front Range regions. The bank offers monthly commission opportunities to its 16 mortgage loan originators and awards per-file bonuses to processing, closing and underwriting staff. Although the mortgage division is small, Alpine Bank has a variety of compensation plans that pay out differently depending on the originator's experience and how established they are in the market.

Managing, calculating and communicating incentive compensation back to employees used to be something Mortgage Division President Dave Roberts did manually, but since the beginning of the year, Alpine Bank has been using LBA Ware's CompenSafe to complete those processes more efficiently and with greater accuracy.

"Calculating commissions and bonuses using spreadsheets is time-consuming and, like all manual processes, subject to fat-finger mistakes," Roberts said. "CompenSafe eliminates the opportunity for error by capturing pipeline information directly from our loan origination system. Pay is calculated automatically and available for employee review at the same time each month, like clockwork, no matter what else is on my plate."

"CompenSafe helps lending operations of every size transform incentive compensation from a process that's a drag on resources to one that is pinpoint accurate and effortlessly scalable," said LBA Ware Founder and CEO Lori Brewer. "It's a perfect match for a community bank like Alpine that remains rooted in values like service and transparency even as it continues to modernize and grow."

About Alpine Bank:

Employee-owned and locally operated, Alpine Bank is a full-service community bank that has been a part of Colorado since 1973. With 40 convenient locations from Durango to Denver, including Front Range branches in Denver and Boulder, Alpine Bank serves 140,000 customers with personal, business, wealth management, mortgage and electronic banking services. Alpine Bank's employees and managers, many of whom have been with the bank for 10 years or longer, share a commitment to remaining a true community bank offering localized and dedicated service. For more information, visit https://www.alpinebank.com/.

About LBA Ware™:

LBA Ware is a leading provider of cloud-based software for mortgage lenders. Since 2008, LBA Ware has been on a mission to help mortgage companies reach new heights with software that integrates data, incentivizes performance and inspires results. Today, lenders of all sizes, including some of the nation's top-producing mortgage companies, use LBA Ware's award-winning technology to enhance lender experiences and maximize the human potential within their organizations. A 2019 Inc. 5000 fastest-growing private company, LBA Ware is headquartered in Macon, Georgia. For more information, visit https://lbaware.com.

Twitter: @LBAWare @AlpineBankColo #CompenSafe

News from LBA Ware

LBA Ware™, a leading provider of incentive compensation management (ICM) and business intelligence software solutions for the mortgage industry, announced that full-service community bank Alpine Bank has implemented CompenSafe™ to automate incentive compensation for its mortgage loan originators and fulfillment staff.

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

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

The MReport Recognizes Global DMS as Top 25 Fintech Innovator for its EVO™ Appraisal Management Software

LANSDALE, Pa. /ScoopCloud/ -- Global DMS, a leading provider of cloud-based appraisal management software, announced that it has been selected by MReport for its inaugural "Top 25 Fintech Innovators" award, which recognizes fintech companies within the mortgage industry that are poised to shape the future of the industry in 2020 and beyond.

As part of its selection process, The MReport noted that it solicited submissions from mortgage companies that work in all sectors, from lenders and servicers to title companies and property preservation experts.

"Our industry is constantly evolving as disruptors and tech leaders challenge the status quo," said Ed Delgado, President and CEO of Five Star Global. "We are proud to showcase these fintech innovators who continue to drive progress across the mortgage market."

Global DMS® was recognized for its EVO-Res™ appraisal management software - the industry's most advanced valuation technology for residential lenders, AMCs, and appraisers. Unlike other platforms on the market, EVO-Res is changing the valuation landscape by shattering the constraints of yesteryear software designs, offering state-of-the-art technological advances that allow end-users to work the way they need to work.

EVO-Res was built with the end-user in mind, providing a userroll-based workflow that is 100% configurable. Clients can tailor the software to their needs with an out-of-the-box implementation and delivery time - no development intervention needed. In fact, EVO-Res is so highly configurable that new fields can be added on the fly and are instantly reportable.

In developing EVO-Res, Global DMS spent several years defining requirements, collaborating with clients, and analyzing best practices for every aspect of the appraisal process. The platform's numerous features and powerful workflow mean users no longer have to operate additional modules or other software in conjunction with their valuation management software - thus achieving a streamlined process that saves time and money.

"Global DMS is truly honored to be recognized as a Top 25 Fintech Innovator," said Vladimir Bien-Aime, President & CEO of Global DMS. "This will serve as a strong motivator as we continue our endeavor to remain a reliable asset to the mortgage lending industry."

For the complete list of The MReport's Top 25 Fintech Innovator award winners, please visit: https://themreport.com/daily-dose/03-02-2020/honoring-the-leaders-in-fintech

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™ (EVO-Res) platform for residential lending, EVO-Commercial™ (EVO-C) platform for commercial lending, eTrac® Enterprise valuation management platform for residential lending, SnapVal™ appraisal pricing solution, eTrac WebForms, Global Kinex®, AVMs, the MISMO Appraisal Review System (MARS®), ATOM (Appraisal Tracking on Mobile. For more information, visit https://www.globaldms.com/ or call (877) 866-2747.

About Five Star Global

Based in Dallas, Five Star Global (FSG) is a national trade association supporting the U.S. residential mortgage and real estate market through membership groups, publishing, conferences, education services, and strategic events. FSG advocates on behalf of and for industry stakeholders on policy matters and interests established to protect, preserve, and promote homeownership. Learn more at http://thefivestar.com/.

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News from Global DMS

Global DMS, a leading provider of cloud-based appraisal management software, announced that it has been selected by MReport for its inaugural "Top 25 Fintech Innovators" award, which recognizes fintech companies within the mortgage industry that are poised to shape the future of the industry in 2020 and beyond.

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

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

Top of Mind Joins Lenders One as a Preferred Provider

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 it has joined Lenders One as a preferred provider. Top of Mind will offer Lenders One members access to marketing resources that help to strengthen consumer relationships and create customers for life.

Lenders One is a national mortgage cooperative serving more than 200 mortgage lenders, including banks, credit unions and independent mortgage banks. Lenders One provides its members with special access to a preferred provider network of premier mortgage technology and service vendors. Lenders One members may now enjoy special access to Top of Mind's expansive library of creative content and revenue-generating automated marketing campaigns through its flagship product, SurefireCRM.

"We are proud to announce that best-in-class CRM and marketing automation provider Top of Mind has become a preferred provider to the Lenders One mortgage cooperative," said Lenders One President Brian A. Simon. "The addition of Top of Mind to the Lenders One network further enhances member access to innovative technologies that help strengthen consumer relationships, increase borrower satisfaction and drive profitability."

"Both Top of Mind and Lenders One are committed to connecting lenders with resources that help them win new business, earn repeat business and deserve referral business," said Top of Mind CEO Bill Hayes. "Top of Mind looks forward to helping Lenders One members create meaningful customer connections with SurefireCRM's timely, creative and emotionally inspired content."

About Top of Mind Networks:

Founded in 2003, Atlanta-based Top of Mind Networks (https://www.topofmind.com) has grown from a bootstrapped post-close, follow-up solution into the leading CRM/marketing automation firm in the mortgage industry. Their Surefire platform is widely regarded as the gold standard in enterprise CRM, automating best practice throughout a borrower's prospect-to-repeat-customer lifecycle.

About Lenders One(r) Cooperative:

Lenders One (https://lendersone.com/) was established in 2000 as a national alliance of independent mortgage bankers, correspondent lenders and suppliers of mortgage products and services. Participants on the Lenders One platform originated approximately $280 billion of mortgages during 2018, collectively ranking as one of the largest retail mortgage entities in the U.S. Lenders One is managed by a subsidiary of Altisource Portfolio Solutions S.A.

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@mortgagecrm @lendersone #WeAreL1 #CoopsAreCooler

News from Top of Mind Networks

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 it has joined Lenders One as a preferred provider. Top of Mind will offer Lenders One members access to marketing resources that help to strengthen consumer relationships and create customers for life.

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

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

IDS Expands Help Center to Improve Mortgage Doc Prep Customer Service

SALT LAKE CITY, Utah /ScoopCloud/ -- Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it has opened a comprehensive, digital help center in its continuing efforts to enhance client support. The help center is part of Zendesk, a customer service platform IDS converted to in May 2019 to streamline the support process.

"Expanding our help center allows our team to communicate better and quicker internally and with our clients. It also provides our clients the opportunity to clearly see what is happening with their support requests, as well as easy access to all IDS resources," said IDS Vice President and General Manager Mark Mackey.

The help center allows customers to submit client support requests and see content and updates related to the submitted request. Additionally, clients can explore IDS content including FAQs, release notes, the state disclosure matrix and compliance updates. Internally, IDS Client Support representatives are able to tag old tickets by topic for easy sorting and reference, creating an ever-growing repository of common support questions to enable faster support resolution.

"Top-tier customer service has always been a pillar of strength for IDS, and as we continue to grow, our team decided that we needed to implement new tools to ensure that our growth never impacts response times on client requests and concerns," said IDS Operations Director David Clement. "Since switching our customer service portal to Zendesk, our clients have had access to a streamlined platform, and the new help center will only enhance and expand that experience."

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 regards to major industry compliance changes.

Learn more: https://info.idsdoc.com/

News from International Document Services Inc.

Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it has opened a comprehensive, digital help center in its continuing efforts to enhance client support. The help center is part of Zendesk, a customer service platform IDS converted to in May 2019 to streamline the support process.

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

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

OpenClose Partners with Genworth Mortgage Insurance to Offer a Streamlined Mortgage Insurance Process from within its LenderAssist LOS

WEST PALM BEACH, Fla. /ScoopCloud/ -- OpenClose®, the industry-leading multi-channel loan origination system (LOS) and digital mortgage fintech provider, announced it has partnered with Genworth Mortgage Insurance, an operating segment of Genworth Financial (NYSE: GNW), establishing a direct integration to access mortgage insurance (MI) from the LenderAssist™ LOS platform.

The new integration works by leveraging OpenClose's RESTful API Suite, IntegrationAssist™, which makes interfacing with disparate systems easier to develop, quicker to implement and cost effective to maintain. Genworth is a full-service MI provider known for exceptional coverage, service and value. The Fortune 500 company has provided secure mortgage products for nearly 40 years. Its offerings are available in all 50 states and the District of Columbia.

"Providing real-time access to mortgage insurance pricing and certification workflow from within OpenClose helps our customers further automate their lending workflow and reduce costs. Our integration partnership with Genworth allows our mutual customers to immediately tap into their quality MI products," said Vince Furey, chief revenue officer (CRO) at OpenClose. "We are the industry leader in customer service and ease-of-use and this integration highlights that reality."

OpenClose customers can expect a seamless user experience within the LenderAssist™ LOS that optimizes the mortgage insurance pricing and certification process, eliminates data re-entry and returns MI commitment data and documents to the LenderAssist™ LOS.

"We're excited to partner with OpenClose, one of the leading LOS vendors in the industry," said Kevin McMahon, senior vice president of Customer Solutions at Genworth Mortgage Insurance. "Making it easier and more efficient to order MI from start to finish makes the overall lending process smoother for homebuyers."

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 Genworth Mortgage Insurance:

Genworth Mortgage Insurance, an operating segment of Genworth Financial, Inc. (NYSE: GNW), is headquartered in Raleigh, North Carolina, and operates in all 50 states and the District of Columbia. Genworth Mortgage Insurance works with lenders and other partners to help people responsibly achieve and maintain the dream of homeownership by ensuring the broad availability of affordable low down payment mortgage loans. Genworth has been providing mortgage insurance products and services in the U.S. since 1981. Visit the company's website at new.mortgageinsurance.genworth.com.

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

For Genworth Mortgage Insurance:
Brittany Harris-Flowers
Genworth Mortgage Insurance
919-846-4417
brittany.harris-flowers@genworth.com

OpenClose Social Media: @OpenClose_LOS #OpenClose #LoanOriginationSoftware

Genworth Social Media: @GenworthMI #GenworthMI #MortgageInsurance

News from OpenClose

OpenClose®, the industry-leading multi-channel loan origination system (LOS) and digital mortgage fintech provider, announced it has partnered with Genworth Mortgage Insurance, an operating segment of Genworth Financial (NYSE: GNW), establishing a direct integration to access mortgage insurance (MI) from the LenderAssist™ LOS platform.

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

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

SimpleNexus Wins ‘Best Digital Mortgage Platform’ at 2020 FinTech Breakthrough Awards

LEHI, Utah /ScoopCloud/ -- SimpleNexus (https://simplenexus.com/), developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, has been named the winner of the "Best Digital Mortgage Platform" award by FinTech Breakthrough, an independent market intelligence organization that recognizes the top companies, technologies and products in the global fintech market.

SimpleNexus was honored for its "from anywhere" digital mortgage platform, which connects loan originators with their borrowers and real estate partners to reduce turn times on loan approvals and disclosures, increase loan application submissions and deliver more referral business.

FinTech Breakthrough is the premier awards program recognizing fintech innovators, leaders and visionaries from around the world in categories in the banking, personal finance, lending, payments, investments, regtech and insurtech industries. The 2020 FinTech Breakthrough program accepted more than 3,750 nominations from around the globe.

"SimpleNexus is delivering impressive numbers with its digital mortgage mobile apps used by more than 215 mortgage companies, 22,000 loan originators, 89,000 real estate agents and 1.3 million borrowers nationwide," said FinTech Breakthrough Managing Director James Johnson. "We have seen an exciting uptick in companies disrupting the home-buying process for the better, and SimpleNexus sets a high standard for digital mortgage platforms. We look forward to continued growth and development from SimpleNexus, and we are pleased to name them a 2020 FinTech Breakthrough Award winner."

"SimpleNexus started as a weekend project and has grown to become one of the country's fastest-growing private companies. We credit that success to the way we prioritize the success of our customers," said SimpleNexus CEO Matt Hansen. "Today, more U.S. borrowers and lenders use SimpleNexus than any other technology of its kind. We look forward to continuing this growth trajectory and helping streamline the end-to-end home-buying experience for all parties involved."

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 FinTech Breakthrough

Part of Tech Breakthrough (https://techbreakthroughawards.com/), a leading market intelligence and recognition platform for technology innovation and leadership, the FinTech Breakthrough awards program is devoted to honoring excellence in Financial Technologies and Services companies and products. The FinTech Breakthrough awards provide public recognition for the achievements of fintech companies and products in categories including payments, personal finance, wealth management, fraud protection, banking, lending, regtech, insurtech and more. For more information, visit https://fintechbreakthrough.com/.

Twitter: @SimpleNexus @FinTech_Awards #digitalmortgage #FintechBreakthrough

News from SimpleNexus

SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, has been named the winner of the "Best Digital Mortgage Platform" award by FinTech Breakthrough, an independent market intelligence organization that recognizes the top companies, technologies and products in the global fintech market.

Related link: https://simplenexus.com/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

HousingWire Names Global DMS a 2020 Tech100 Award Winner for EVO Appraisal Management Software

LANSDALE, Pa. /ScoopCloud/ -- Global DMS, a leading provider of cloud-based appraisal management software, announced that it has earned a spot on HousingWire's seventh annual Tech100 awards list, which recognizes the most innovative technology companies in the U.S. housing economy, spanning the real estate mortgage industries.

"This year's Tech100 winners blew past innovation, moving beyond innovation to transformation," HousingWire's Associate Magazine Editor Kelsey Ramírez said. "In both the real estate and mortgage sectors, fintech companies continue to create new ways to approach the housing process, improving efficiencies, cutting costs and creating a new experience for all parties involved."

Global DMS® was recognized for the successful development and roll-out of EVO-Res™ - the industry's next-generation valuation management technology for residential lenders, AMCs, and appraisers. EVO-Res offers state-of-the-art technological advances that allows users to work the way they need to work, which is very different than other platforms currently available in the market.

EVO-Res is user role-based, providing a customized experience for each user that includes separate dashboards and task lists to help drive optimal performance. The platform is also 100% configurable-allowing users to configure every field and/or add new fields on the fly-and provides custom order forms, review forms and detailed reporting, where users can build the forms and reports they need in minutes. Previously, these types of changes would require costly and time-consuming development intervention.

"We put a great deal of thought into the design and underlying functionality of EVO-Res, collaborating with clients and diligently operating in an R&D mode for years," said Vladimir Bien-Aime, President and CEO of Global DMS. "We're thrilled that our efforts landed us on HousingWire's 2020 Tech100 list and honored to receive this recognition."

"The winners of the 2020 HousingWire Tech100 Mortgage and Real Estate awards are truly the most impactful and innovative companies in housing," said HousingWire CEO, Clayton Collins. "Not only do these companies empower their clients and users, they are supporting a more efficient, accessible and sustainable housing economy."

For the complete list of HousingWire's 2020 Tech100 winners, please visit: https://www.housingwire.com/articles/here-are-the-2020-housingwire-tech100-mortgage-winners/

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™ (EVO-Res) platform for residential lending, EVO-Commercial™ (EVO-C) platform for commercial lending, eTrac® Enterprise valuation management platform for residential lending, SnapVal™ appraisal pricing solution, eTrac WebForms, Global Kinex®, AVMs, the MISMO Appraisal Review System (MARS®), ATOM (Appraisal Tracking on Mobile.

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

About HousingWire:

HousingWire is the most influential source of news and information for the U.S. mortgage and housing markets. Built on a foundation of independent and original journalism, HousingWire reaches over 60,000 newsletter subscribers daily and over 7.5 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.

*LOGO link for media: https://www.Send2Press.com/300dpi/20-0306s2p-global-dms-300dpi.jpg

News from Global DMS

Global DMS, a leading provider of cloud-based appraisal management software, announced that it has earned a spot on HousingWire's seventh annual Tech100 awards list, which recognizes the most innovative technology companies in the U.S. housing economy, spanning the real estate mortgage industries.

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

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

LendUS delivers on promise of smart advice, an easy process and super speed with SimpleNexus digital mortgage platform

LEHI, Utah /ScoopCloud/ -- SimpleNexus (https://simplenexus.com/), developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, announced that 90% of loan officers at LendUS now use SimpleNexus to collaborate on loan applications with borrowers and referral partners. LendUS is one of the nation's top 25 lenders, producing north of $5B annually in loan volume.

According to LendUS EVP of Client Services Erin Hamilton, SimpleNexus' ability to bring all loan parties together in one app was a major factor in its successful rollout across nearly 800 employees at 91 branches.

"It's confusing for borrowers to have to juggle multiple logins and visit multiple websites to apply for a loan, upload documents and sign disclosures," Hamilton said. "SimpleNexus corrals the whole process in a single system, helping us deliver on our promise of providing customers with smart advice, an easy process and super speed."

SimpleNexus' disclosure toolset enables borrowers and loan officers to securely review and eSign documents inside the SimpleNexus app, with no additional login and without disruption to the lender's existing disclosure desk processes.

The LendUS team has also benefited from SimpleNexus' ability to create opportunities for loan officers to forge and maintain partner relationships.

"Our loan advisors appreciate the additional communication that SimpleNexus provides to their Realtor partners," explained Hamilton, adding that SimpleNexus' speedy, mobile-driven application process and real-time status updates have helped LendUS become the lender of choice for real estate agents that previously worked with competitors.

"Loan milestone updates keep referral partners in the loop throughout the entire loan process, enabling the referral partner and loan originator to guide the borrower as a team," said SimpleNexus CEO Matt Hansen. "At the same time, the app is so easy-to-use and self-contained that borrowers can feel confident uploading documents and even signing disclosures with little or no handholding."

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

About LendUS:

Based in Alamo, California, LendUS®, LLC is one of the country's top family-owned and operated private mortgage lenders. LendUS® is the culmination of the uniting of American Eagle Mortgage and RPM Mortgage, two well-established companies with like-minded industry veterans. This unification allows LendUS® to combine the ultra-attentive service of a small firm with the competitive rates and broad product selection of a nationwide lender.

With a focus on providing customers with smart advice and an easy process with super speed, LendUS® currently serves 41 states with an eye on growth. For more information, please visit https://www.lend.us, call 925-295-9300, follow @LendUSLLC on Facebook or follow @lend.us on Instagram.

Twitter: @SimpleNexus #digitalmortgage @LendUSLLC

News from SimpleNexus

SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, announced that 90% of loan officers at LendUS now use SimpleNexus to collaborate on loan applications with borrowers and referral partners. LendUS is one of the nation's top 25 lenders, producing north of $5B annually in loan volume.

Related link: https://simplenexus.com/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

FormFree Named to HousingWire’s Tech100 List of the Housing Economy’s Most Innovative Companies for a Sixth Time

ATHENS, Ga. /ScoopCloud/ -- FormFree® has been named a recipient of HousingWire's eighth annual HW Tech100 award. This is the sixth year FormFree has been recognized by HousingWire as a leading innovator in housing technology.

The Tech100 program celebrates the technology companies whose solutions have been most impactful in helping mortgage lenders and real estate professionals solve business challenges. The program becomes more competitive each year as the number of technology providers in the housing space continues to grow.

"The winners of the 2020 HousingWire Tech100 Mortgage and Real Estate awards are truly the most impactful and innovative companies in housing," said HousingWire CEO Clayton Collins. "Not only do these companies empower their clients and users, they are supporting a more efficient, accessible and sustainable housing economy."

"This year's Tech100 winners ... create new ways to approach the housing process, improving efficiencies, cutting costs and creating a new experience for all parties involved," added HousingWire Associate Magazine Editor Kelsey Ramírez.

"FormFree's ambition to transform the way lenders and borrowers come to understand one another knows no bounds," said FormFree Founder and CEO Brent Chandler. "This spirit of innovation drives everything we do, and we are honored that HousingWire has continued to recognize us as one of the industry's leading innovators year after year."

For a complete list of winners, visit https://www.housingwire.com/articles/here-are-the-2020-housingwire-tech100-mortgage-winners/ .

About HousingWire

HousingWire is the most influential source of news and information for the U.S. mortgage and housing markets. Built on a foundation of independent and original journalism, HousingWire reaches over 60,000 newsletter subscribers daily and over 7.5 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.

About FormFree

FormFree® is a market-leading fintech company whose revolutionary products AccountChek® 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.

Twitter: @RealFormFree @HousingWire #Tech100

News from FormFree

FormFree® has been named a recipient of HousingWire's eighth annual HW Tech100 award. This is the sixth year FormFree has been recognized by HousingWire as a leading innovator in housing technology.

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

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

SimpleNexus Makes Third Consecutive Appearance on HousingWire Tech100 List of Most Innovative Companies in Mortgage Technology

LEHI, Utah /ScoopCloud/ -- SimpleNexus (https://simplenexus.com/), developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, has been named to HousingWire's HW Tech100 for the third year in a row. Now in its eighth year, the HW Tech100 recognizes the most innovative technology companies in the U.S. housing economy.

HousingWire's Tech100 program is designed to provide housing professionals a definitive list of the most innovative and impactful companies solving the problems mortgage lenders and real estate professionals face every day. Competition for the Tech100 program grows more competitive each year.

"The winners of the 2020 HousingWire Tech100 Mortgage and Real Estate awards are truly the most impactful and innovative companies in housing," said HousingWire CEO Clayton Collins. "Not only do these companies empower their clients and users, they are supporting a more efficient, accessible and sustainable housing economy."

"We are incredibly proud that lenders and their referral partners continue to look to SimpleNexus as a leader in mortgage technology," said SimpleNexus Founder and CEO Matt Hansen. "We are earnest in our belief that innovation begins with listening to your customers, and we never tire of helping lenders find new ways to forge and enrich their connections with borrowers and Realtors."

For a complete list of winners, visit https://www.housingwire.com/articles/here-are-the-2020-housingwire-tech100-mortgage-winners/.

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 HousingWire:

HousingWire is the most influential source of news and information for the U.S. mortgage and housing markets. Built on a foundation of independent and original journalism, HousingWire reaches over 60,000 newsletter subscribers daily and over 7.5 million unique visitors each year. Our audience of mortgage, real estate, financial services and fintech professionals rely on us to Move Markets Forward. Visit https://www.housingwire.com/ or https://www.solutions.housingwire.com/ to learn more.

Twitter: @SimpleNexus @HousingWire #Tech100

News from SimpleNexus

SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, has been named to HousingWire's HW Tech100 for the third year in a row. Now in its eighth year, the HW Tech100 recognizes the most innovative technology companies in the U.S. housing economy.

Related link: https://simplenexus.com/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

LBA Ware Recognized as 2020 HW Tech100 Company for Helping Mortgage Lenders Drive Profitability with Performance Management Software

MACON, Ga. /ScoopCloud/ -- LBA Ware™, a leading provider of incentive compensation management (ICM) and business intelligence software solutions for the mortgage industry, announced it has been named a winner of HousingWire's annual HW Tech100 award, which recognizes the most innovative and impactful technology companies in the U.S. housing economy. This is LBA Ware's sixth consecutive year to be included in the list.

LBA Ware was recognized for its suite of software solutions designed exclusively for mortgage lenders, including CompenSafe™, the only incentive compensation management platform of its kind, and the introduction of LimeGear, a turnkey business intelligence platform. To date, LBA Ware has processed over $4.6 billion in lifetime incentive compensation while helping lenders optimize performance.

"We are honored to be recognized by HousingWire for a sixth consecutive year," said LBA Ware Founder and CEO Lori Brewer. "Because every lender approaches incentive compensation differently, CompenSafe's mission to simplify compensation plan management is a labor of constant innovation. That same innovative spirit fuels our LimeGear business intelligence solution, which shows mortgage lenders what's happening in their businesses (and why) and indicates next steps for continued success."

"Fintech companies continue to create new ways to approach the housing process, improving efficiencies, cutting costs and creating a new experience for all parties involved," said HousingWire Associate Magazine Editor Kelsey Ramírez.

"The winners of the 2020 HousingWire Tech100 Mortgage and Real Estate awards are truly the most impactful and innovative companies in housing," added HousingWire CEO Clayton Collins. "Not only do these companies empower their clients and users, they are supporting a more efficient, accessible and sustainable housing economy."

To view the complete list of 2020 HW Tech100 winners, visit https://www.housingwire.com/articles/here-are-the-2020-housingwire-tech100-mortgage-winners/.

About LBA Ware™:

LBA Ware is a leading provider of cloud-based software for mortgage lenders. Since 2008, LBA Ware has been on a mission to help mortgage companies reach new heights with software that integrates data, incentivizes performance and inspires results. Today, lenders of all sizes, including some of the nation's top-producing mortgage companies, use LBA Ware's award-winning technology to enhance lender experiences and maximize the human potential within their organizations. A 2019 Inc. 5000 fastest-growing private company, LBA Ware is headquartered in Macon, Georgia. For more information, visit https://www.lbaware.com.

About HousingWire:

HousingWire is the most influential source of news and information for the U.S. mortgage and housing markets. Built on a foundation of independent and original journalism, HousingWire reaches over 60,000 newsletter subscribers daily and over 7.5 million unique visitors each year. Our audience of mortgage, real estate, financial services and fintech professionals rely on us to Move Markets Forward. Visit https://www.housingwire.com/ or https://www.solutions.housingwire.com/ to learn more.

Twitter: @LBAWare @HousingWire #Tech100

News from LBA Ware

LBA Ware™, a leading provider of incentive compensation management (ICM) and business intelligence software solutions for the mortgage industry, announced it has been named a winner of HousingWire's annual HW Tech100 award, which recognizes the most innovative and impactful technology companies in the U.S. housing economy.

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

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

ARMCO Enhances ACES IQ with Addition of HMDA Questionnaires

DENVER, Colo. /ScoopCloud/ -- ACES Risk Management (ARMCO), the leading provider of enterprise financial risk mitigation solutions, announced today it has added questionnaires related to the Home Mortgage Disclosure Act (HMDA) to the ACES Intelligent Questionnaire (ACES IQ) functionality contained within the ACES Audit Technology™ system. With this set of HMDA-specific questions, ACES users can quickly and easily conduct quality control on their HMDA data before reporting this data to their assigned federal HMDA regulator.

"With the CFPB's 2019 HMDA rule changes now firmly in effect, lending institutions have a better idea of where their individual responsibilities reside in regards to HMDA reporting," ARMCO CEO Trevor Gauthier said. "Given this recent move from yearly to quarterly reporting, ARMCO felt the time was right to introduce HMDA-specific questionnaires to enable our customers to streamline and perfect their data integrity auditing for HMDA."

These additions are the latest in a series of expansions to the ACES IQ content library designed to enhance the compliance support ARMCO provides to its users. Using both managed and custom quality control audit questions, ACES IQ assists lenders in addressing regulations and guidelines set forth by state and federal regulators, private investors, the GSEs and agencies. The module leverages the loan-level data contained within ACES to quickly isolate desired question sets and answer-based logic to dynamically filter question sets down to the most relevant items, enabling ACES users to cut their review times by up to 50%.

Last year, the company added more than 4,000 questions to ACES IQ to ensure broad-based coverage of all lending compliance topics, including HMDA, and ease the burden for compliance teams in conducting loan-level reviews.

"Quality control and compliance go hand in hand - you cannot have one without the other," Gauthier said. "ARMCO has recognized this need from day one and invested considerable resources in proactively building out a compliance library backed by a highly experienced team of compliance experts to ensure the information ARMCO provides to its customers is always up-to-date and comprehensive."

About ARMCO
Over half of the top 25 mortgage lenders and 33% of the top 150 lenders and servicers combined choose ARMCO. ARMCO's product line includes loan quality enterprise software, services, data and analytics. Its flagship product, ACES Audit Technology™, has set the bar for user definability in its category. It is used at virtually every point in the mortgage lifecycle, as well as for a wide range of risk-prone business operations outside traditional mortgage origination and servicing.

ARMCO's consultative approach to customer relationships leverages 25 years of mortgage risk intel, assuring that its clients are using the most effective risk mitigation strategies, and are using the fastest, most reliable, most efficient means for preventing risk-related loss. ARMCO distributes the ARMCO Mortgage QC Industry Trends Report, a free quarterly analysis of industry-wide mortgage loan quality.

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

News from ARMCO ACES Risk Management

ACES Risk Management (ARMCO), the leading provider of enterprise financial risk mitigation solutions, announced today it has added questionnaires related to the Home Mortgage Disclosure Act (HMDA) to the ACES Intelligent Questionnaire (ACES IQ) functionality contained within the ACES Audit Technology™ system.

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

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

SimpleNexus Unveils Sweeping Product Enhancements Aimed at Boosting Mortgage Lender Productivity

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 immediate availability of new capabilities designed to enhance mortgage originator productivity.

The product enhancements, unveiled earlier this month from the stage of SimpleNexus' annual user conference in Snowbird, Utah, include the following additions to SimpleNexus' mobile and web applications:

* On-the-Go Price Locking via Optimal Blue
Loan originators can now lock in an interest rate from Optimal Blue at any time, from any device. The ability to quickly lock in a loan interest rate is especially critical to helping loan originators reduce fallout for applicants with tight debt-to-income ratios.

* URLA Readiness
SimpleNexus has updated its tech stack to support lenders' use of the redesigned Form 1003, also known as the Uniform Residential Loan Application (URLA). URLA support is in live production for users of select loan origination systems, and the SimpleNexus team is prepared to support additional LOSs as they adopt URLA.

* In-app review of DU findings
Loan originators who are licensed to use Fannie Mae's Desktop Underwriter® (DU®) can review their DU findings within the SimpleNexus app.

According to SimpleNexus VP of Product Shane Westra, these and other new features entered live production with SimpleNexus' February 10 product release. Westra also shared the company's plans to release half a dozen additional product enhancements in 2020.

"At SimpleNexus, product development begins with listening to the needs of our users," said SimpleNexus VP of Product Shane Westra. "The response to these new capabilities, designed to help lenders work with ease no matter where they are, has been tremendously positive. Our product roadmap for 2020 will continue to focus on solutions that drive profitability and deliver a consumer-grade experience to all users."

Just last month, SimpleNexus added a dynamic task list feature, which allows lenders to set rules for configuring the documents requested from borrowers ("needs list") on the fly based on borrower responses to loan application questions. For instance, if a borrower is self-employed, the task list will automatically adjust to collect the additional documentation required from self-employed borrowers.

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 #SNUG2020 #domore @FannieMae

News from SimpleNexus

SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced the immediate availability of new capabilities designed to enhance mortgage originator productivity.

Related link: https://simplenexus.com/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

LBA Ware Taps Silicon Valley Talent Veronica Mahler to Roll Out LimeGear BI Platform

MACON, Ga. /ScoopCloud/ -- LBA Ware™, a leading provider of incentive compensation management (ICM) and business intelligence software solutions for the mortgage industry, has brought on Silicon Valley talent Veronica Mahler as business analyst. Mahler was hired to support the spring release of LBA Ware's turnkey business intelligence (BI) platform, LimeGear, by supporting post-implementation client experience in partnership with LBA Ware's client success team.

Mahler possesses 12 years' experience in customer and client advocacy spanning training, project management and relationship building. Immediately before joining LBA Ware, Mahler served as program manager at Fair, a billion-dollar startup and payment-based, used-car leasing app. At Fair, Mahler supported company growth by scaling its Phoenix-based customer service center from two to 35 agents in just four months and managing the program for hundreds of agents across three sites.

"Veronica has helped scale tech startups from stealth mode through series-C funding - a skill set that will serve LBA Ware and our clients alike as we expand our product suite with the rollout of LimeGear," said LBA Ware Founder and CEO Lori Brewer. "Her energy and experience is a great addition to the team and will help lenders tap into the full potential of their operational and production insights."

"I am passionate about helping customers accomplish their business goals and maximize the value they obtain from the tools and services in which they have invested," said Mahler. "LBA Ware's commitment to driving lender performance is highly compatible with my professional values."

About LBA Ware™:

LBA Ware is a leading provider of cloud-based software for mortgage lenders. Since 2008, LBA Ware has been on a mission to help mortgage companies reach new heights with software that integrates data, incentivizes performance and inspires results. Today, lenders of all sizes, including some of the nation's top producing mortgage companies, use LBA Ware's award-winning technology to enhance lender experiences and maximize the human potential within their organizations. A 2019 Inc. 5000 fastest-growing private company, LBA Ware is headquartered in Macon, Georgia.

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

Twitter: @LBAWare #PeopleMovers #mortgageindustry #newhires

*PHOTO link for media: https://www.Send2Press.com/300dpi/20-0219s2p-LBA-Ware-Veronica-Mahler-300dpi.jpg
*Photo caption: Veronica Mahler to Roll Out LimeGear BI Platform.

News from LBA Ware

LBA Ware™, a leading provider of incentive compensation management (ICM) and business intelligence software solutions for the mortgage industry, has brought on Silicon Valley talent Veronica Mahler as business analyst. Mahler was hired to support the spring release of LBA Ware's turnkey business intelligence (BI) platform, LimeGear, by supporting post-implementation client experience in partnership with LBA Ware's client success team.

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

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

MPI REPORT: Wide Range of Private Market Fund Returns Could Explain Ivy Endowments’ Lackluster Fiscal 2019 Performance

SUMMIT, N.J. /ScoopCloud/ -- Markov Processes International (MPI), a leading provider of investment research, analysis and reporting solutions for the global wealth and asset management industry, today announced the publication of its annual Ivy League endowment performance analysis for the latest fiscal year, "Measuring the Ivy 2019: Decoding the Performance Gap."

The report shows that the average Ivy endowment return for FY 2019 was just 6.7%, significantly underperforming a reference 60-40 domestic portfolio. Between the best performing Brown at 12.4% and Columbia at 3.8%, Ivies also experienced the second widest dispersion of returns in the past decade and saw a shift in the historical positioning of performance leaders (e.g., Yale and Princeton) and laggards (e.g., Harvard and Brown).

MPI uses endowments' annual return data and returns-based techniques to decode what may have happened in FY 2019 and suggests endowments' private market investments were the likely root of the year's anomalous results. MPI points to the fact that in a typical year the range of potential outcomes of private market investments is two- to three-times greater on both the upside and the downside versus a universe of U.S. equity mutual funds. Such dispersion in private market returns could explain both the lackluster returns of most Ivies as well as the wide range of results in FY 2019.

Report co-author Megan Woods, CFA, Director of Quantitative Research at MPI, said, "Even in the absence of considerable allocations to U.S. public equities and bonds, both of which had a solid year, the seeming inability of elite endowments' large exposures to private markets to push portfolio returns beyond their middling figures in fiscal 2019 is noteworthy and tells of the challenges in getting PE and VC investing consistently right. The range of outcomes of PE funds makes it very difficult to underestimate the risk in private equity relative to just looking at average returns shown by an index. In many years, more than 25% of funds have negative returns, even though the index may register a positive return in the double digits. We hope our report helps the many investors who are seeking to evolve the measurement of the performance and risk of their private market investment portfolios."

Michael Markov, MPI CEO and report co-author, stated, "This report offers a cautionary tale. Investors, both institutional and retail, are seeking greater access to the private market opportunity set - however, even the most sophisticated investors with access to elite managers aren't immune from potential performance downturns and can suffer in a year that was, on average, good for private markets. At a time when the amount of dry powder waiting to invest in richly valued markets sits near historic levels, it could be wise for investors to scrutinize private markets deals, managers and portfolios with renewed diligence using the latest quantitative tools."

For more information about the report or MPI's solutions, please email info@markovprocesses.com or call +1 908 608 1558.

About MPI
Markov Processes International (MPI) is a leading independent provider of quantitative investment research, technology, analytics and indices for the global investment management industry. MPI's flagship Stylus solutions are used by hundreds of firms to make smarter investment research, portfolio construction and optimization, performance analysis, risk surveillance, distribution and reporting decisions. MPI Stylus can be delivered as a desktop, enterprise-hosted or cloud-deployed solution. MPI's Enterprise Solutions team also offers customized configuration and implementation services to meet your organization's specific needs.

Follow us on Twitter @MarkovMPI, connect with us on LinkedIn and read the latest MPI research at https://www.markovprocesses.com/category/blog/.

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

News from Markov Processes International

Markov Processes International (MPI), a leading provider of investment research, analysis and reporting solutions for the global wealth and asset management industry, today announced the publication of its annual Ivy League endowment performance analysis for the latest fiscal year, "Measuring the Ivy 2019: Decoding the Performance Gap."

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

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

IDS Strengthens State-Specific Mortgage Document Preparation Functionality

SALT LAKE CITY, Utah /ScoopCloud/ -- Mortgage document preparation vendor International Document Services, Inc. (IDS), announced today that it has enhanced eSign tools for state-specific document functionality in its flagship document preparation platform idsDoc. The addition of this functionality enables IDS clients to automatically access state-specific documents that are electronically fillable, where allowed by law.

"Because of the variances between state regulators, maintaining compliance at the state level is in many ways even more burdensome for lenders than doing so at the federal level - especially when adding digital mortgages to the mix," said IDS Vice President and General Manager Mark Mackey. "State-level compliance has always been a hallmark of the IDS platform. We are thrilled to make our digital mortgage functionality available to clients for use in the execution of state-specific documents and to help them maintain compliance while supporting their individual digital mortgage strategies."

The IDS library of state-required documents puts the standard collection of state documents at lenders' fingertips. This library is a collection of expansive regulatory research and is maintained and updated regularly by the IDS Compliance Department. In addition, the department maintains the "IDS State Disclosure Matrix," a reference document which lists the state-specific documents available in idsDoc and notes the default parameters used to determine when specific documents should be included in a loan package. This Matrix is available through the Customer Portal and in the IDS Help Center.

In addition, clients can have all disclosure documents electronically signed in the eSign Room with a unique login and secure email link for each document signer. Through this functionality, reviewing is verified and reported, and all compliance requirements, including timing requirements, are met. In the event the eSignatures cannot be verified, a physical disclosure package can be automatically sent by the IDS Fulfillment Center.

With IDS' expanded signing tools, loan officers and processors save time with the document verification process as completed by the borrowers. The review and signing functions have been expanded to allow the filling of text boxes and check boxes. These tools can be used with the standard documents as well as any custom documents the lender wants to include. This feature also eliminates the need to pre-disclose or include printed documents that require borrower selections and data input.

"As technology continues to improve the digital mortgage experience, IDS strives to meet its clients' every anticipated need in idsDoc," Mackey added. "By adding this functionality to our already expansive multi-state document preparation offering, we are simplifying things for our clients even more while maintaining our continued commitment to providing compliance support at all levels."

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 regards to major industry compliance changes. Learn more at: https://info.idsdoc.com/

News from International Document Services Inc.

Mortgage document preparation vendor International Document Services, Inc. (IDS), announced today that it has enhanced eSign tools for state-specific document functionality in its flagship document preparation platform idsDoc.

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

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

GreenState Credit Union Drives First-Lien Mortgage Production with the Help of SimpleNexus

LEHI, Utah /ScoopCloud/ -- SimpleNexus (https://simplenexus.com/), developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, announced that loan officers (LO) at GreenState Credit Union (GreenState) are using the SimpleNexus digital mortgage app to achieve record first mortgage production. In 2019, GreenState's 26 LOs produced more than 7,600 first-lien mortgage units, exceeding the lender's previous best by 1,600 units despite having fewer support staff on payroll.

GreenState adopted SimpleNexus in 2018 to streamline the lending process and improve its online lending functionality. Now the lender receives 63 percent of all mortgage applications through the SimpleNexus platform, amounting to more than 10,000 applications per year.

In addition to enabling GreenState to collect more loan applications, SimpleNexus has also helped the lender move those applications forward more quickly. Once borrowers complete an application, SimpleNexus prompts them to upload and submit verification documents right from their mobile phone or other web-enabled device. Similarly, LOs can review applications, order credit reports and send pre-approval letters from their preferred device, even if they're not in the office.

"I was a loan officer for 15 years, so every time I look at technology, I do it from the perspective of what we would need if I was still lending," said Ryan Doehrmann, vice president of mortgage lending at GreenState. "When we saw that our LOs could pull up an application, pull credit and send a pre-approval letter from a phone or tablet, we were sold. That kind of agility is a huge advantage - especially if your competition doesn't have it."

"SimpleNexus prides itself in building a product that helps our customers achieve measurable ROI while improving their teams' quality of life," said SimpleNexus Founder and CEO Matt Hansen.

"We have enjoyed partnering with GreenState Credit Union to bring its loan officers a more agile way to review loan applications and guide borrowers to close."

About GreenState Credit Union:

GreenState Credit Union, formerly known as University of Iowa Community Credit Union, is a member-owned financial cooperative with 19 office locations. Since 1938, GreenState Credit Union has grown to become the largest credit union in Iowa, with almost $6 billion in assets and 205,000 members. GreenState Credit Union's "members first" philosophy has enabled it to be consistently ranked in the top 1% nationally for Return to Member.

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 @GreenStateCU #digitalmortgage

News from SimpleNexus

SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, announced that loan officers (LO) at GreenState Credit Union (GreenState) are using the SimpleNexus digital mortgage app to achieve record first mortgage production.

Related link: https://simplenexus.com/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

Loan Officers Executing Automated Marketing Campaigns Close Twice the Deals, Earn Double the Revenue, Top of Mind Finds

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 released data revealing that loan officers (LOs) who utilize automated lead, prospect and nurture campaigns on average see double the number of closed loans and revenue production.

Top of Mind calculations derive from fourth quarter 2019 user behavior and productivity data for individual loan officers at its top 25 percent revenue generating lender clients. Automated marketing campaigns were highly correlated with improved LO performance when outbound marketing campaigns preceded the receipt of a loan application.

In the analysis, LOs leveraging Surefire's automated marketing campaigns closed an average of twice as many loans and produced twice the revenue, in contrast with LOs who did not engage prospects with automated marketing campaigns.

As reported by STRATMOR Group, Top of Mind's flagship CRM and marketing automation platform Surefire is deployed by 74 percent of lenders using similar solutions, making its users' behaviors a best practice indicator for improving LO performance and revenue generation, such as engaging leads with automatically executed, targeted marketing campaigns.

"The most profound insight from our data analysis is that using Surefire not only works as expected, but has the very real ability to substantially lift average closed loan volume and revenue produced by every loan officer," said Top of Mind CEO Bill Hayes. "Even at the simplest macro scale, this is meaningful evidence that using automated marketing campaigns succeeds as a best practice."

About Top of Mind Networks:

Founded in 2003, Atlanta-based Top of Mind Networks (https://www.topofmind.com/) has grown from a bootstrapped post-close, follow-up solution into the leading CRM/marketing automation firm in the mortgage industry. Their Surefire platform is widely regarded as the gold standard in enterprise CRM, automating best practice throughout a borrower's prospect-to-repeat-customer lifecycle.

Twitter: @mortgagecrm

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

S2P-STORYID:56448

News from Top of Mind Networks

Top of Mind Networks (Top of Mind), a leader in customer relationship management (CRM) and marketing automation software for the mortgage lending industry, today released data revealing that loan officers (LOs) who utilize automated lead, prospect and nurture campaigns on average see double the number of closed loans and revenue production.

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

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

IDS Enhances Audit Worksheet Functionality in idsDoc

SALT LAKE CITY, Utah /ScoopCloud/ -- Mortgage document preparation vendor International Document Services, Inc. (IDS), today announced that it has redesigned the audit worksheet feature in its flagship document preparation platform idsDoc. Now, the audit worksheet dynamically displays vital loan information, including a record of audits and tests conducted, in a single, easy-to-read document, providing investors and auditors with a full understanding of the loan file.

"Today's lenders are required to conduct more testing than ever to ensure their loans meet both regulatory and investor requirements, but without proper documentation to prove these tests were conducted, lenders can miss opportunities to pass the first-glance eye test as well as to reference pending due diligence efforts," said IDS Vice President and General Manager Mark Mackey. "This document has quickly become accepted as a compliance certification for many investors' policies. By providing our clients with an easily referenced summary of audit activities, IDS is fulfilling on its promise to our customers to support their compliance efforts and deliver loan packages that are as precise as possible."

In addition to information on which tests and checks were performed, the audit worksheet also includes calculated values on data related to state, local and custom fields, thus providing an additional layer of security regarding compliance. The document is also intended to serve as a reference point to illuminate inaccuracies or differences between regulatory interpretations.

"Between human error and the often obscure nature of regulatory language, data discrepancies are bound to occur in the origination process," Mackey added. "The IDS audit worksheet serves as an added check to help lenders identify these instances before they cause issues or come to the attention of investors and regulators, thus preserving loan quality and lenders' reputations with these key stakeholders, and so far, the worksheet has proven to be an effective tool for achieving these goals."

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 regards to major industry compliance changes. (https://info.idsdoc.com/)

News from International Document Services Inc.

Mortgage document preparation vendor International Document Services, Inc. (IDS), today announced that it has redesigned the audit worksheet feature in its flagship document preparation platform idsDoc.

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

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

ARMCO Reports Strong 2019, Eyes Further Growth and Expansion in 2020

DENVER, Colo. /ScoopCloud/ -- After a remarkable 2019, ACES Risk Management (ARMCO), the leading provider of enterprise financial risk mitigation solutions, is looking ahead to 2020 for what promises to be an outstanding year. In addition to adding several lenders to its growing roster of clients - including Bay Equity Loans, KWIK Mortgage, The KLR Group and multiple top-25 mortgage companies - ARMCO also achieved a company record in 2019 of one million audits conducted in a single year in its flagship audit platform ACES Audit Technology(TM).

ARMCO also launched several product enhancements in 2019, including a parallel workflow capability that saves time and reduces turn times while maintaining the quality of staff output to the ACES Audit Technology platform. Other noteworthy enhancements include an auto-answer feature that automatically answers audit questions based on available loan data, as well as an enhanced single sign-on that can reduce on-boarding time by more than 50 percent. Encouraged by these accomplishments, the company plans to expand its footprint in 2020 to support risk management, compliance and quality control for financial institutions with multiple loan products and lines, including consumer lending.

"One of the biggest strengths of ACES Audit Technology is its ability to function as an enterprise solution - providing organizations with one platform and removing the need for disparate software solutions and manual processes," ARMCO CEO Trevor Gauthier said. "In 2020, ARMCO seeks to share its technology with new markets, as ACES Audit Technology has proven it is not just a tool that can be used for mortgage quality control, but for any loan quality initiative in a financial institution."

2019 marked the beginning of ARMCO's relationship with New Capital Partners. The private-equity firm partnered with and invested in ARMCO, strengthening ARMCO's position in the industry and enhancing continued growth and innovation. ARMCO also bolstered its ranks with several key hires and promotions in 2019 and early 2020, including Gauthier's appointment as CEO in October 2019. Kyle Kehoe was hired as executive vice president of sales and Cassie Vosburgh joined as executive vice president of finance. Additionally, Sharon Reichhardt was promoted to executive vice president of operations. There have also been a number of additional hires within operations, product and engineering to round out the team and industrialize the platform and organization.

Throughout 2019, ARMCO and its employees were recognized for multiple industry awards. ARMCO was recognized as an innovative technology company and earned its fifth consecutive HousingWire Tech 100 award. For the third year running, ARMCO was named to National Mortgage Professional's Top 100 Mortgage Employers list, and individually, Reichhardt was named one of HousingWire's inaugural Tech Trendsetters.

"In addition to our award-winning technology, our staff is one of the biggest assets ARMCO possesses," Gauthier added. "Whether they are on the front lines helping to improve loan quality or behind the scenes keeping the operational wheels turning, our team of highly capable, caring employees are all dedicated to supporting our clients' success, and the key hires and promotions made in 2019 and early this year will help ARMCO continue to fulfill on that commitment."

After introducing an initiative during the 2018 holiday season, ARMCO also launched ARMCO CARES in 2019, a company-matching gift program. Available to both part-time and full-time employees, ARMCO CARES offers a dollar-for-dollar match of employee donations to a registered 501(c)(3) charitable organization of the employee's choice.

"Giving back is one of ARMCO's key values. Our employees have always been the fuel behind ARMCO's success, and we are grateful to be able to use our success to support those causes that are near and dear to our employees' hearts," Gauthier said. "To date, ARMCO has contributed thousands of dollars to 25 charities through ARMCO CARES, and we look forward to continuing these efforts in 2020."

About ARMCO

Over half of the top 20 mortgage lenders in the U.S. choose ARMCO as their provider of risk management software. ARMCO's product line includes loan quality enterprise software, services, data and analytics. Its flagship product, ACES Audit Technology(TM), has set the bar for user definability in its category. It is used at virtually every point in the mortgage lifecycle, as well as for a wide range of risk-prone business operations outside traditional mortgage origination and servicing.

ARMCO's consultative approach to customer relationships leverages 25 years of mortgage risk intel, assuring that its clients are using the most effective risk mitigation strategies, and are using the fastest, most reliable, most efficient means for preventing risk-related loss. ARMCO distributes the ARMCO Mortgage QC Industry Trends Report, a free quarterly analysis of industry-wide mortgage loan quality.

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

S2P-STORYID:056292

News from ARMCO ACES Risk Management

After a remarkable 2019, ACES Risk Management (ARMCO), the leading provider of enterprise financial risk mitigation solutions, is looking ahead to 2020 for what promises to be an outstanding year. In addition to adding several lenders to its growing roster of clients ARMCO also achieved a company record in 2019 of one million audits conducted in a single year in its flagship audit platform ACES Audit Technology.

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

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

Top of Mind Co-founder Sherwood Lawrence Steps into Dual Role as Chief Marketing Officer and Chief Creative Officer

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 Sherwood Lawrence will take on the role of chief marketing officer in addition to his current position as chief creative officer.

Lawrence has held a number of c-suite roles since the founding of Top of Mind in 2003, including oversight of the firm's finance, technology and creative departments. As chief marketing officer, he will align Top of Mind's marketing strategy with the organization's sales and user adoption goals. Lawrence will also continue to serve Surefire clients as Top of Mind's chief creative officer.

"It's humbling to know that we've built the mortgage industry's number-one CRM almost exclusively by letting our clients' successes speak for themselves," said Lawrence. "Yet we've been hearing from our clients, partners and industry friends that it's time for us to be more vocal about the great work we do together.

Since 2003, we've been creating customers for life by combining an intelligent marketing automation platform, a vast creative library of content, and an ever-evolving array of capabilities and integrations to fully engage customers along their entire customer journey," continued Lawrence. "It's my pleasure to take on this new role and share with the market more broadly how Top of Mind and its partners continue to help our clients win every day. You'll be hearing a lot more from us in 2020."

About Top of Mind Networks:

Founded in 2003, Atlanta-based Top of Mind Networks (https://www.topofmind.com) has grown from a bootstrapped post-close, follow-up solution into the leading CRM/marketing automation firm in the mortgage industry. Their Surefire platform is widely regarded as the gold standard in enterprise CRM, automating best practice throughout a borrower's prospect-to-repeat-customer lifecycle.

@mortgagecrm

*PHOTO link for media: https://www.Send2Press.com/300dpi/20-0129s2p-Sherwood-Lawrence-300dpi.jpg

News from Top of Mind Networks

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 Sherwood Lawrence will take on the role of chief marketing officer in addition to his current position as chief creative officer.

Related link:

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.