Tag Archives: FinTech

LBA Ware Onboards Chris Gassel as Strategic Sales Specialist to Support Release of LimeGear Business Intelligence Platform

MACON, Ga. /ScoopCloud/ -- LBA Ware(TM), a leading provider of incentive compensation management (ICM) and business intelligence software solutions for the mortgage industry, has appointed Chris Gassel as strategic sales specialist. Gassel was brought on board to support the release of LBA Ware's highly anticipated, turnkey business intelligence (BI) platform, LimeGear.

Gassel brings to bear a successful 14-year career in the residential and commercial real estate industries. Prior to joining LBA Ware, Gassel served as a loan officer at such independent mortgage banks as USA Mortgage and Paramount Bank. Before that, Gassel oversaw the development and management of hotel franchises as vice president of development for Brimark Builders. Gassel spent his early career as a commercial real estate agent at Central Realty.

"As a former originator, Chris has first-hand knowledge of the challenges faced by today's lenders, making him ideally suited to introduce lenders to LimeGear's transformative BI capabilities," said LBA Ware Director of Business Development Finn Klemann. "I look forward to working in partnership with Chris to improve our customers' ability to draw insights from their own data and help them build strategies that use this knowledge to produce better operational outcomes."

"I have long been an advocate for leveraging analytics to better understand critical sales performance intelligence, such as referral sources and pull-through rates," said Gassel. "I share LBA Ware's belief that data drives performance and am thrilled to be part of the team."

About LBA Ware(TM):

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

LBA Ware, a leading provider of incentive compensation management (ICM) and business intelligence software solutions for the mortgage industry, has appointed Chris Gassel as strategic sales specialist. Gassel was brought on board to support the release of LBA Ware's highly anticipated, turnkey business intelligence (BI) platform, LimeGear.

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

CardTapp and Top of Mind Offer Combined Solution Aimed at Improving Loan Officer Productivity and Lead Response Time

ATLANTA, Ga. /ScoopCloud/ -- CardTapp, your always-on digital assistant, today announced an integration with Surefire by Top of Mind Networks (Top of Mind), a leader in customer relationship management (CRM) and marketing automation software for the mortgage lending industry. The integration brings together Surefire's new Power Calls capability with CardTapp's digital assistant solution to increase loan officer productivity and enable speedier borrower outreach.

CardTapp's digital assistant technology connects loan officers, referral partners and borrowers to simplify communications and deliver services just in time. Surefire's new Power Calls feature improves the speed and ease with which loan officers reach out to borrowers, enabling them to convert more leads into loans.

Surefire's modern tech stack enables a rich, bidirectional connection between the two applications, with fully automated delivery of a loan officer's personal CardTapp app to potential borrowers as leads arrive in Surefire.

The integration also supports CardTapp's simplified referral system. Referrals generated in CardTapp are automatically incorporated into Surefire, eliminating the time and potential for error associated with manual data entry.

"The integration between CardTapp and Top of Mind exemplifies the passion both our companies have for exceeding customer expectations and equipping loan officers with tools that both maximize conversion in the short term and contribute to repeat business and referrals for higher lifetime customer value," said Top of Mind Chief Product Officer David Orisini.

"Understanding borrower behavior prior to any mortgage transaction is at the heart of CardTapp," said Ben Brashen, CardTapp's CEO. "Our integration with Surefire by Top of Mind allows companies to leverage that understanding to create more meaningful interactions between consumers and loan officers, ultimately improving the customer experience and closing more deals."

About CardTapp:

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

About Top of Mind Networks:

Founded in 2003, Atlanta-based Top of Mind Networks (https://www.topofmind.com) 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.

CardTapp, your always-on digital assistant, today announced an integration with Surefire by Top of Mind Networks (Top of Mind), a leader in customer relationship management (CRM) and marketing automation software for the mortgage lending industry. The integration brings together Surefire's new Power Calls capability with CardTapp's digital assistant solution to increase loan officer productivity and enable speedier borrower outreach.

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

Top of Mind Elevates Jonas Kruckeberg to Executive Vice President of Strategic Partnerships and Industry Relationships

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 elevated Jonas Kruckeberg to executive vice president of strategic partnerships and industry relationships.

After leading Top of Mind's sales function for more than eight years, Kruckeberg will step into a more strategic role with a focus on partner and industry relations and brand ambassadorship. In this position, he will work with industry associations, lender cooperatives and mortgage technology vendors to build out a robust partner ecosystem that benefits Top of Mind clients.

Before joining Top of Mind, Kruckeberg spent nearly a decade as a mortgage loan officer and branch manager serving customers in Southern California at such independent mortgage banks as Watermark Home Loans and First Priority Financial (later acquired by Caliber Home Loans).

"Top of Mind's best-in-class experience would not be the same without our strategic relationships with leading-edge vendors and industry partners," said Kruckeberg. "I look forward to nurturing these vital relationships for the benefit of our clients and their customers."

"Jonas' insight into lenders' needs, his strong representation of the Top of Mind brand and his reputation as an effective, genial working partner make him a shoe-in for developing and strengthening our partner relationships," said Top of Mind CEO Bill Hayes. I am proud of Jonas' contributions to Top of Mind and congratulate him on this career advancement."

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.

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 elevated Jonas Kruckeberg to executive vice president of strategic partnerships and industry relationships.

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

LBA Ware Releases 2019 LO Compensation Report

MACON, Ga. /ScoopCloud/ -- LBA Ware(TM), a leading provider of incentive compensation management (ICM) and business intelligence software solutions for the mortgage industry, today released summary statistics on the state of mortgage industry compensation in 2019. The firm's analysis of year-over-year data from its CompenSafe(TM) ICM platform reveals compelling trends about how mortgage lenders nationwide are managing commissions for loan originators (LOs).

Methodology

LBA Ware reviewed account data for mortgage lenders that used CompenSafe to automate incentive compensation management for the full calendar years 2018 and 2019. The controlled, sample dataset consisted of retail, first-lien production from LOs that funded at least six loans in one of the calendar years. The LO commissions were for a wide range of large and small lenders across the United States, comprised of 68 percent independent mortgage companies, 27 percent banks and 5 percent credit unions.

Key Findings
* The sample group funded significantly more loans in 2019 than 2018, with the total number of closed loans up 18.28% and total loan volume up 29.44% year-over-year. Together, these unit and volume gains resulted in an additional 31.42% in LO commissions paid in 2019 vs. 2018.

* The average base commission earned by LOs in 2019 was 93.912 basis points, on par with 2018's average of 93.114. After accounting for commission tiers and minimum/maximum caps, LOs earned an average of 102.089 basis points per loan in 2019 compared with 2018's average of 100.594 basis points, an average increase of 1.49 basis points per funded loan.

* The average 2019 loan amount was $259,652, up 9.43% year-over-year. This higher average loan amount helped push the average LO commission per loan from $2,332 to $2,591 (an 11.11% year-over-year increase).

* Loan originators continue to account for the lion's share of compensation expenses, with LO commissions accounting for 69% of lenders' total incentive compensation expenditure.

* Overall LO employment was nearly flat for our sample group from 2018 to 2019, with the total number of LOs on payroll down a mere 0.14% year-over-year.

"Despite speculation that lender efforts to reduce operational costs would include curbing loan originator commissions in 2019, our analysis shows that base commission for LOs did not significantly change from 2018 to 2019," said LBA Ware founder and CEO Lori Brewer. "This data implies that lenders may not get serious about reducing LO commissions until they're in significant financial pain, which isn't predicted to happen until later in 2020, when refinance volume is expected to wane."

About LBA Ware(TM):

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

LBA Ware, a leading provider of incentive compensation management (ICM) and business intelligence software solutions for the mortgage industry, today released summary statistics on the state of mortgage industry compensation in 2019. The firm's analysis of year-over-year data from its CompenSafe ICM platform reveals compelling trends about how mortgage lenders nationwide are managing commissions for loan originators (LOs).

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

SimpleNexus attributes record 2019 growth to lender demand for integrated digital mortgage technology

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 it credits its accelerated 2019 growth to demand for digital mortgage tools capable of easy integration with lenders' full tech stacks.

"Increasingly, our customers are telling us that they are only willing to invest in software platforms and products that are able to work symbiotically with their existing tech stack," said Founder and CEO of SimpleNexus Matt Hansen. "Lenders are seeking to avoid shelling out tens to hundreds of thousands of dollars on custom integrations that may no longer be useful five years down the line. Lenders are drawn to SimpleNexus because our platform is flexible, cost-effective and capable of retaining relevance over time."

Last year SimpleNexus added 59 enterprise clients to its roster, bringing the total number of enterprise lenders SimpleNexus empowers to "do more" to more than 216, including 15 of the top 25 retail lenders in the United States. To date, the company has connected its more than 22,000 active loan originators with 1.3 million borrowers and 89,000 real estate partners to produce loans totaling over $200 billion in volume.

In 2019, SimpleNexus significantly bolstered features designed to enhance lender productivity, facilitate referral partnership development and drive cross-platform functionality. In March, SimpleNexus announced an enhanced disclosures toolset that expedites the disclosure process by days. July marked the release of an API that enables real-time data transfers with other systems. In August SimpleNexus debuted new tools for building real estate partner relationships.

SimpleNexus reinvested in serving its mortgage lender clients by expanding its team. Notable hires in 2019 include:
* Chuck Staib, Chief Sales Officer
* Kent Besaw, VP of Customer Success
* Kevin McKenzie, VP of Finance
* Shane Westra, VP of Product
* John Aslanian, VP of Sales
* Anna Ratanawan, VP of People Operations
* Pam Faulkner, Director, Mortgage Solutions
* Sol Klein, Director of Implementation

SimpleNexus garnered significant recognition for its accelerated company growth, in-house talent and veracity as a leading digital mortgage technology. SimpleNexus made its debut on the Deloitte Technology Fast 500, and for the second consecutive year was named to the Inc. 500 list of fastest growing technology companies. Additionally, the company was a recipient of the HousingWire (HW) Tech100 and the Silver Telly Award for its "Do More" video campaign.

SimpleNexus Founder and CEO Matt Hansen was awarded as a HousingWire (HW) Tech Trendsetter and a Lending Luminary by PROGRESS in Lending; COO Ben Miller was honored by HousingWire's (HW) Vanguard and Rising Stars awards programs; and Senior Vice President of Sales Paul Drobot was named a HW Insider.

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.

SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced that it credits its accelerated 2019 growth to demand for digital mortgage tools capable of easy integration with lenders' full tech stacks.

Related link: https://simplenexus.com/

OptifiNow Leverages ReverseVision API to Streamline Reverse Loan Origination at Open Mortgage

SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision, the leading provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, today announced their recently released Loan Import API has been leveraged by OptifiNow for mutual lender client Open Mortgage. The integration links OptifiNow's cloud-based SaaS sales and management platform with ReverseVision's RV Exchange (RVX) loan origination platform, enabling Open Mortgage to expedite loan production, drive performance and better nurture customer relationships for its reverse lending channel.

The OptifiNow platform offers a central command station from which lenders can manage sales and performance functions via customer relationship management (CRM), intelligent sales automation, sales enablement, business intelligence (BI) and application programming interface (API) modules. When connected with lenders' core origination technology, OptifiNow can deliver closed-loop marketing that equips lenders with revenue-driving insights into lead sources, loan originator (LO) performance, closed loan revenues and ROI opportunities.

ReverseVision and OptifiNow's partnership has streamlined origination at Open Mortgage by building a "generate loan" button directly into the OptifiNow dashboard that enables LOs to create and prepopulate a loan application directly within RVX. Instead of switching systems and manually rekeying applicant data, reverse LOs can generate loans with the push of a button, benefitting from the simplicity and strengthened data integrity inherent to process automation.

Once a loan record is generated in either system, OptifiNow will synchronize its data with RVX so that current borrower data and loan status are reflected in both systems. Hybrid LOs that originate both forward and reverse mortgages will benefit from the integration by simply toggling between their forward and reverse workflow within OptifiNow.

"Our Loan Import API was developed out of ReverseVision's commitment to enable platform implementations that match lenders' business models," said ReverseVision Vice President of Sales and Marketing Wendy Peel. "As mortgage technology and the lending market evolve, our cloud-based, API-enabled platform will be able to flex to lenders' needs so that they can meet borrowers where they are in life."

"API is a foundational pillar of our platform because we believe that digital mortgage technologies should integrate for the benefit of the customer," said OptifiNow President and CEO John McGee. "If we don't have an integration with a client's vendor, then we aggressively work to develop that partnership. It's a win for everybody when we can perform integrations that simplify technology workflows for our clients."

"ReverseVision has been a strong partner in supporting OptifiNow's integration with RVX via the Loan Import API," continued McGee. "We see ourselves as working on the same team to help Open Mortgage be more successful in their reverse origination business. Our end goal is to generate common happy customers by helping lenders grow their business."

About OptifiNow

OptifiNow offers a full cloud-based Sales & Management Platform that acts as a personal assistant to each sales person to help them convert every opportunity. Management controls the sales process and gets the insights to drive continuous improvement. For more information, visit https://www.optifinow.com or call (888) 746-6743.

About ReverseVision

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

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

ReverseVision, the leading provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, today announced their recently released Loan Import API has been leveraged by OptifiNow for mutual lender client Open Mortgage.

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

FormFree Generates Record Number of Combined Verification Reports in 2019

ATHENS, Ga. /ScoopCloud/ -- FormFree(R) rounded out 2019 with a 65 percent increase in total orders for its AccountChek(R) Asset Report and three-in-one Passport(TM) Report over the previous year. The surge in adoption of the company's market-leading products, which allow lenders to verify borrower asset, income and employment information, caps a long list of product milestones.

"Last year the number of borrower verification reports generated by FormFree ballooned to 1.9 million," said FormFree Founder and CEO Brent Chandler. "That figure accounts for nearly half of the 3.7 million reports generated over the lifetime of the FormFree. As the only company already offering combined asset, income and employment reporting, we expect the number of verification reports generated by our system to rise sharply in 2020."

FormFree's borrower verification products, already the most advanced in the industry, were bolstered in 2019 through partnerships and product updates that enhance lender speed, pull-through rates and security. In July, FormFree announced a partnership with FundingShield that provides added protection to Passport customers' closing fund transfers. In October, FormFree partnered with LexisNexis Risk Solutions to help lenders intelligently pre-fill the Universal Residential Loan Application (Form 65/1003) for applicants and made paystub collection and verification available through Passport.

Earlier in the year, FormFree joined the Financial Data Exchange (FDX) to support information sharing and security standards for the financial sector and filed a patent application describing the company's proprietary method for verifying loan applicants' employment and income history.

In 2019, FormFree received recognition from industry publications for its in-house talent, workplace culture and technological impact on the mortgage industry. Founder and CEO Brent Chandler was named to HousingWire's (HW) inaugural list of Tech Trendsetters. Brian Francis, chief technology officer, received the HW Insider Award. Both FormFree and board member Faith Schwartz were finalists for Mortgage Professional America (MPA) Power Originator Awards. And as an organization, FormFree was recognized for the fourth consecutive year as a HW Tech100 company and by MPA as a Top Mortgage Workplace.

About FormFree(R)

FormFree(R) is a market-leading fintech company whose revolutionary products AccountChek(R) and Passport(TM) are changing the credit decisioning landscape and encouraging lenders nationwide to incorporate a more holistic view of each borrower's financial DNA. To date, thousands of U.S. lenders and brokers have ordered millions of FormFree's patented verification reports representing over a trillion dollars in loan verifications.

FormFree delights borrowers and lenders with a paperless experience, reduces origination timelines by up to 20 days and offers automated analysis and standardized delivery to lenders and investors using a secure ReIssueKey(TM). A HousingWire TECH100(TM) company for four consecutive years, FormFree is based in Athens, Georgia.

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

Twitter: @RealFormFree #digitalmortgage

FormFree rounded out 2019 with a 65 percent increase in total orders for its AccountChek Asset Report and three-in-one Passport Report over the previous year. The surge in adoption of the company's market-leading products, which allow lenders to verify borrower asset, income and employment information, caps a long list of product milestones.

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

SimpleNexus Invests in Client Success with the Addition of Five Senior Leadership Positions

LEHI, Utah /ScoopCloud/ -- SimpleNexus (https://simplenexus.com/), developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced it has filled roles in five senior leadership positions to support customer success and scale the company's internal and external growth.

"An organization's hires tell a story. SimpleNexus has created five new positions to reinvest in our customers and ensure we are exceeding their expectations," said SimpleNexus President and COO Ben Miller. "We are delighted to expand our senior leadership team with talented professionals who share our love for the customer."

The newly appointed executives are:

* Chuck Staib, Chief Sales Officer
Staib has 28 years' experience helping organizations accelerate growth, obtain investor capital and optimize business models as a consultant. In his role at SimpleNexus, Staib will mentor and guide the sales department in their positioning of the SimpleNexus platform. Prior to joining SimpleNexus, Staib advised international government agencies, Fortune 500 companies and marquis financial services firms including Goldman Sachs, the Pacific Stock Exchange and JPMorgan Chase. Staib is a founder of Park City Partners, a Utah-based business accelerator dedicated to helping businesses gain access to mentorship, markets and capital.

* John Aslanian, Senior Vice President of Sales
Aslanian has 22 years' of sales experience in the mortgage and software industries. A consummate sales professional, as senior VP of sales Aslanian will work closely with the enterprise sales and account management teams to effectively communicate SimpleNexus' value to prospects and achieve revenue goals. Previously, Aslanian held the position of VP of sales at Ellie Mae and Del Mar Data Trac.

* Anna Ratanawan, Vice President of People Operations
SimpleNexus has promoted Ratanawan from head of people operations to VP of people operations. Ratanawan brings a decade of human resources (HR) experience to her elevated role, where she will oversee talent acquisition, career development and company culture initiatives. Before joining SimpleNexus, Ratanawan held senior HR positions at Inc. 5000 company Jane.com and enterprise business management platform Workfront. Ratanawan holds an MBA in human resources management from Northcentral University and Bachelor of Science in accounting from Utah Valley University.

* Pam Faulkner, Director, Mortgage Solutions
Faulker brings a 35-year background as a business analyst and project manager for lenders and mortgage technology companies to her position as director, mortgage services. At SimpleNexus, Faulkner will bring to bear her wealth of experience and mortgage industry expertise in advising lenders on how they can maximize their implementation of SimpleNexus. Before joining SimpleNexus, Faulkner held roles at Ellie Mae, RCM Technologies and MortgageFlex Systems. Faulkner serves on the board of directors at Farm Credit of Western Arkansas.

* Sol Klein, Director of Implementation
A mortgage industry veteran fulfilling lender technology needs since 2002, Sol Klein is uniquely qualified to accommodate SimpleNexus client platform deployments in his position as director of implementation. Immediately before joining SimpleNexus, Klein held senior advisory consultant roles at Ellie Mae.

About SimpleNexus, LLC:

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

Twitter: @SimpleNexus #digitalmortgage

SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced it has filled roles in five senior leadership positions to support customer success and scale the company's internal and external growth.

Related link: https://simplenexus.com/

SimpleNexus User Group (SNUG) 2020 Agenda Announced

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 agenda for SimpleNexus User Group (SNUG) 2020 conference being held February 9-12 at the Snowbird Ski Resort in Snowbird, Utah.

Now in its second year, SNUG offers three days of content designed to help lenders optimally leverage their tech stack in order to deliver a first-class borrower experience and maximize revenue. The programming will feature panels, breakout sessions and hands-on training led by industry thought leaders, technology integration partners and SimpleNexus' team of engaging subject-matter experts.

Highlights from the SNUG 2020 agenda include:

* Highly successful lenders sharing how they have come to lead the industry in sales and productivity
* Best practices for developing high-touch borrower relationships with digital mortgage technology
* Compliance dos and don'ts with an emphasis on 2020's regulatory hot topics such as URLA readiness
* How to effectively cultivate real estate professional partnerships to generate early-stage homebuyer referrals
* Breakout training for SimpleNexus administrators on topics including user management, notification configuration and app sharing
* A bonus day of networking with colleagues, vendors, customers and partners on the slopes of the Snowbird alpine resort

"SimpleNexus is excited to reward SNUG attendees with impactful strategies, guided training and strong networking opportunities that will invigorate their 2020 business strategies," said SimpleNexus Vice President of Sales Sid Ewing. "We look forward to helping lenders tap the full potential of their organizations in the year to come."

To date, SimpleNexus has connected its more than 22,000 active loan originators with 1.3 million borrowers and 89,000 real estate partners to produce loans totaling over $200 billion in volume. Last year the company added 60 clients to its roster, bringing the total number of enterprise lenders SimpleNexus empowers to "do more" to more than 260, including 15 of the top 25 retail lenders in the United States.

SNUG 2020 tickets and full conference details can be obtained at https://simplenexus.com/sn/snug2020/.

For sponsorship opportunities, contact Stephanie Loffer at sloffer@simplenexus.com.

About SimpleNexus, LLC:

SimpleNexus is the digital mortgage platform that enables lenders to originate and process loans from anywhere. The company's best-in-class, easy-to-use app connects loan officers to their borrowers 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/.

SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced the agenda for SimpleNexus User Group (SNUG) 2020 conference being held February 9-12 at the Snowbird Ski Resort in Snowbird, Utah.

Related link: https://simplenexus.com/

LBA Ware Launches CompenSafe University to Help Lenders Achieve Their Compensation Plan Management Objectives

MACON, Ga. /ScoopCloud/ -- LBA Ware™, a leading provider of incentive compensation management (ICM) and business intelligence software solutions for the mortgage industry, today announced the launch of CompenSafe University (CSU), a two-day training program designed to help lenders derive additional value from their investment in CompenSafe™.

CompenSafe is the mortgage industry's go-to platform for automated incentive compensation management. With the introduction of CSU, LBA Ware extends its core CompenSafe training with a specialized curriculum that puts compensation plans into perspective for managers and executive decision-makers:

* Day one covers the essentials of CompenSafe configuration and administration. After learning how CompenSafe integrates with their own operating environment, attendees master key features such as creating branch and originator accounts, setting up compensation agreements and automating compensation plans. Attendees gain an understanding of how non-administrators can use CompenSafe to review their production and verify pay.

* Day two addresses advanced CompenSafe administration topics such as compensation rules for terminated employees, manual adjustments, recoverable and non-recoverable draws and minimum guarantees.

Those who complete both days of the CSU curriculum may elect to become CompenSafe Certified by passing a multiple-choice examination.

"CSU creates CompenSafe power users and prepares them to become subject matter experts within their organizations," explained LBA Ware Director of Client Success Mari Denton. "The goal of the course is to help participants move beyond the automation of existing plans. The exploration of different options within the platform will equip participants to offer strategic solutions and make informed business recommendations regarding compensation."

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.

LBA Ware, a leading provider of incentive compensation management (ICM) and business intelligence software solutions for the mortgage industry, today announced the launch of CompenSafe University (CSU), a two-day training program designed to help lenders derive additional value from their investment in CompenSafe.

Related link: https://lbaware.com/

OpenClose CRO Vince Furey Wins 2019 HousingWire Vanguard Award

WEST PALM BEACH, Fla. /ScoopCloud/ -- OpenClose®, an industry-leading multi-channel loan origination system (LOS) and digital mortgage fintech provider, announced that its chief revenue officer (CRO), Vince Furey, has been selected by HousingWire as one of its 2019 Vanguard Award winners. This marks the fifth year that HousingWire has recognized executives in the housing finance industry for their outstanding leadership in the space.

"Our Vanguard Award is reserved for the true trailblazers in the housing industry, the visionaries that are leading the charge into the future. This year's winners are the embodiment of that vision. In each corner of the housing industry, they are forging the path, setting the pace, and guiding housing into the next generation. And we couldn't be prouder to honor them as Vanguards," said HousingWire Managing Editor Ben Lane.

Furey was instrumental in helping boost OpenClose's year-over-year revenue by more than 100 percent. Further, he played a key role in spearheading the OpenClose business strategy to offer its own digital POS solution, incorporating it with the company's LenderAssist(TM) LOS platform and borrower direct portal, ConsumerAssist(TM). As a result, OpenClose is able to offer a comprehensive digital mortgage solution that is more efficient and cost effective than disparate offerings available on the market.

In addition, Furey helped develop a strategy to implement a RESTful API suite branded IntegrationAssist(TM), which provides seamless interaction with the OpenClose digital ecosystem. Ultimately, Furey's efforts helped OpenClose's LOS platform, POS system and PPE receive some of the highest Overall Satisfaction and Lender Loyalty Scores in the STRATMOR Group's last two Technology Insight Study reports.

"I am honored to be recognized by HousingWire and extend congratulations to my fellow Vanguard Award winners," stated Furey. "I am grateful for our amazing, innovative OpenClose team who make providing our lender partners modern technology exciting every single day."

HousingWire's 2019 Vanguards have led their respective companies to spectacular success, as evidenced by expanding products, services, and profits. These 50 winners were carefully selected by HousingWire's editorial board, chosen for their vital contributions to their companies and the dynamic way they are changing the industry. The majority of winners are leading from the C-suite, and many are also founders or co-founders of their businesses. Others are making invaluable contributions in business development, strategy, risk management and more.

"HousingWire's Vanguards represent the most inspirational leaders, builders, and shapers of the housing industry," HousingWire Associate Editor Kelsey Ramírez said. "It is one of the most distinguished awards in housing, and personifies the executives that are raising the bar for this industry and taking it to new heights."

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

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

Social Media: @OpenCloseCocial #HW2019VanguardAward #VinceFurey #FinTechLeader

OpenClose, an industry-leading multi-channel loan origination system (LOS) and digital mortgage fintech provider, announced that its chief revenue officer (CRO), Vince Furey, has been selected by HousingWire as one of its 2019 Vanguard Award winners.

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

Commercial Insurtech Juniper Labs Announces Open Data Launch at Plug and Play Winter Summit

SUNNYVALE, Calif. /ScoopCloud/ -- Automated underwriting insurtech Juniper Labs today announced that it is launching the first ever open-sourced data set purpose built for commercial insurance. Juniper Labs plans to release over 40 million business records it acquired to train its underwriting models for anyone to use.

"We are open-sourcing our data because we believe data is not a product. Data is a platform. We are setting out to dramatically change the way the industry views data - we believe the future of insurance is open," said Lance Poole, Juniper Labs CEO. "The thing that excites us about the philosophy of open-source, is that it allows for solutions to emerge that we couldn't have never created on our own."

Juniper Labs will give the carrier partners of Plug and Play the first opportunity to use the open dataset. "As we've had the privilege of being a part of Plug and Play, we've been in a position to see how forward-thinking the partners of Plug and Play are. Because of that, we want to invite the Plug and Play partners to be the anchor members of this open data community" said John Stevenson, Juniper Labs CTO.

By moving to an open source platform, Juniper Labs follows in the footsteps of other tech companies like Databricks, GitLab, MongoDB and Docker. Mr. Poole went further to state, "We believe that data in insurance has to be open. We want to establish a data protocol and if everyone is building their own walled gardens, that will never happen. We take a lot of inspiration from the world wide web. Tim Berners-Lee knew that the web would have never gotten critical mass if it wouldn't have been open. We can't own the data. We can only work with the community to be stewards of the data."

Carriers and executives interested in Juniper Lab's open data project are invited to sign up at openjuniper.com

About Juniper Labs:
Founded in 2019, Juniper Labs builds automated underwriting solutions for commercial insurance carriers. They have a suite of APIs that automate the application process and the challenge of properly classifying businesses. They are stewards of OpenJuniper, the first ever open dataset purpose built for commercial insurance.

Connect with Juniper Labs:
- https://www.juniperlabs.io
- https://twitter.com/labsjuniper

*PHOTO link for media: https://www.Send2Press.com/300dpi/19-1209s2p-lance-poole-300dpi.jpg
*Photo caption: Lance Poole, CEO of Juniper Labs.

Automated underwriting insurtech Juniper Labs today announced that it is launching the first ever open-sourced data set purpose built for commercial insurance. Juniper Labs plans to release over 40 million business records it acquired to train its underwriting models for anyone to use.

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

Black Knight Joins The Mortgage Collaborative’s Preferred Partner Network

SAN DIEGO, Calif. /ScoopCloud/ -- The Mortgage Collaborative (TMC), the mortgage industry's only independent cooperative, today announced that Black Knight, Inc. (NYSE:BKI), a leading provider of mortgage software, data and analytics solutions, has been added to its Preferred Partner network.

"Black Knight is renowned in the industry for its innovative and transformative technology," said Jim Park, chief executive officer of The Mortgage Collaborative. "We're thrilled to have the company join our Preferred Partner network and offer such best-in-class products to help our member lenders manage their operations more effectively."

Black Knight's solutions help mid-market lenders significantly reduce origination costs while driving greater efficiencies in the loan production process. The suite of solutions offered to members of The Collaborative Mortgage include:
* A best-in-class, scalable loan origination system that is quick to deploy, with the configurability lenders need to support compliance and reduce turn times
* Machine-learning capabilities to read and index documents to help process more loans at scale
* Client-configurable compliance testing available within the workflow
* Advanced business intelligence for actionable insight into their operations
* Comprehensive fee service used to minimize costly fee cures related to the Loan Estimate and Closing Disclosure
* Product pricing and eligibility software to help lenders deliver competitive products at the best price
* eClosing and eSign solutions that help lenders systematically determine the best way to close each loan.

"Both The Mortgage Collaborative and Black Knight are focused on helping lenders reduce their costs to originate and sharpen their competitive edge," said Tyler Sherman, chief revenue officer for the Black Knight Origination Technologies division. "Black Knight becoming a part of The Mortgage Collaborative's network reinforces our mutual commitment to transforming the industry with innovative solutions and powerful insights to help drive efficiencies and improve ROI."

As 2020 approaches, The Mortgage Collaborative looks forward to a year of new opportunities and out-of-the-box solutions for its member lenders while finishing off 2019 on a high note. Record-breaking attendance is anticipated for the organization's 2020 conferences, including its winter conference in New Orleans (February 16-18) and summer conference in Denver (August 9-11).

About The Mortgage Collaborative

Based in San Diego, Calif., The Mortgage Collaborative was founded in 2013 to empower mortgage lenders across the country with better financial execution, reduced costs, enhanced expertise and improved compliance and to help its members access the dynamic and changing consumer base in America. The association is managed by its founding members: John Robbins, CMB; David Kittle, CMB; Gary Acosta, CEO of the National Association of Hispanic Real Estate Professionals (NAHREP); and Jim Park, former chair of the Asian Real Estate Association of America (AREAA). Robbins and Kittle are former chairmen of the Mortgage Bankers Association of America (MBA). For more information, visit www.mortgagecollaborative.com.

About Black Knight

Black Knight (NYSE:BKI) is a leading provider of integrated software, data and analytics solutions that facilitate and automate many of the business processes across the homeownership life cycle.

As a leading fintech, Black Knight is committed to being a premier business partner that clients rely on to achieve their strategic goals, realize greater success and better serve their customers by delivering best-in-class software, services and insights with a relentless commitment to excellence, innovation, integrity and leadership. For more information on Black Knight, please visit www.blackknightinc.com.

The Mortgage Collaborative (TMC), the mortgage industry's only independent cooperative, today announced that Black Knight, Inc. (NYSE:BKI), a leading provider of mortgage software, data and analytics solutions, has been added to its Preferred Partner network.

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

ARMCO Reduces QC Turn Times with ACES’ New Parallel Workflow Capability

POMPANO BEACH, Fla. /ScoopCloud/ -- ACES Risk Management (ARMCO), the leading provider of enterprise financial risk mitigation solutions, has announced several product enhancements to its auditing platform, ACES Audit Technology(TM). This upgrade introduces a new parallel workflow capability that saves time and reduces turn times while maintaining the quality of staff output. The ultimate result of this feature is faster loan delivery.

ACES' new parallel workflow increases efficiency by enabling multiple analysts to concurrently evaluate different parts of the same loan. It also automates task prioritization to assure the fastest cycle times for each loan.

"Most lenders at least attempt some level of parallel activity in their QC [quality control] workflow," said Trevor Gauthier, ARMCO's new CEO. "Our decision to enable parallel workflow was in direct response to market demand. It replaces workarounds that rely on email and spreadsheets with a fully auditable process in a 100 percent secure environment."

Other noteworthy enhancements include ACES' new auto-answer feature that uses business rules to automatically answer audit questions based on available loan data, and enhanced single sign-on that can reduce on-boarding time by 50 percent or more.

ACES' newest upgrade was introduced at the ACES Power User Summit that took place on Nov. 10-12, 2019 in Fort Lauderdale, Fla.

"ARMCO's user summits are a very important source of information for our clients and our organization," said Gauthier. "We have the opportunity to learn from one another, which enables us to create lasting solutions for our clients' most pressing needs. Client collaboration is at the heart of everything we do at ARMCO. When our clients are successful, we are successful."

About ARMCO - ACES Risk Management

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.

ACES Risk Management (ARMCO), the leading provider of enterprise financial risk mitigation solutions, has announced several product enhancements to its auditing platform, ACES Audit Technology. This upgrade introduces a new parallel workflow capability that saves time and reduces turn times while maintaining the quality of staff output. The ultimate result of this feature is faster loan delivery.

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

SimpleNexus Expands On-the-Go Credit Services with Integration of Instant Merge from CoreLogic

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 integration of the CoreLogic(R) Instant Merge(R) credit solution into its mobile app and web-based digital mortgage platform. The integration gives loan originators instant, on-the-go access to loan applicants' credit reports and FICO(R) scores from all three national credit bureaus: Equifax(R), Experian(R) and TransUnion(R).

CoreLogic (NYSE: CLGX) introduced the world's first automated, three-bureau credit reporting solution in 1989 and has been a leader in credit reporting solutions for the mortgage industry for over 50 years. The three-bureau CoreLogic Instant Merge report, the most widely accepted credit reporting solution in the mortgage industry, combines full credit history from all three bureaus into a convenient report with a unified format.

With SimpleNexus, borrowers can complete a loan application, upload documents and view loan status - all from a mobile device. Loan officers receive an alert as soon as a borrower applies, and they can use their own mobile device to move loans forward - including ordering credit reports - even when they are out of the office.

"The modern loan originator should be able to qualify loan applicants from any device using the credit provider they know and trust," said Kevin Mullins, principal, channel partnerships at CoreLogic. "That's just what the integration of CoreLogic Instant Merge into SimpleNexus delivers. Now LOs have a cost-effective way to get a clear understanding of applicants' credit history anytime, anywhere."

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 CoreLogic:

CoreLogic (NYSE: CLGX), the leading provider of property insights and solutions, promotes a healthy housing market and thriving communities. Through its enhanced property data solutions, services and technologies, CoreLogic enables real estate professionals, financial institutions, insurance carriers, government agencies and other housing market participants to help millions of people find, acquire and protect their homes. For more information, please visit https://www.corelogic.com/.

CORELOGIC and the CoreLogic logo are trademarks of CoreLogic, Inc. and/or its subsidiaries. All other trademarks are the property of their respective owners.

SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced the integration of the CoreLogic Instant Merge credit solution into its mobile app and web-based digital mortgage platform.

Related link: https://simplenexus.com/

SimpleNexus Ranks 102 on Deloitte’s 2019 Technology Fast 500

LEHI, Utah /ScoopCloud/ -- SimpleNexus (https://simplenexus.com/), developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced it has earned the 102 position on Deloitte's Technology Fast 500(TM). Now in its 25th year, the Deloitte Technology Fast 500 recognizes the fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America. Fast 500 rankings are based on percentage revenue growth from 2015 to 2018.

Earlier this year SimpleNexus announced its top 500 ranking in the Inc. 5000 list of America's fastest-growing private companies for the second year in a row, and its recognition by MountainWest Capital Network, and Utah Business and Utah Valley BusinessQ magazines as one of Utah's fastest-growing companies.

"I'm immensely pleased that the SimpleNexus platform has been embraced by the mortgage industry since entering the marketplace five years ago," said SimpleNexus Founder and CEO Matt Hansen. "Our breakneck growth is a testament to SimpleNexus' ability to help lenders increase revenue by cultivating referral pipelines and accelerating closing times via a top-tier mobile user experience."

"As technology innovation trends towards 'everything as a service,' it's no surprise that software companies dominate the winners list yet again this year," said Mohana Dissanayake, partner, Deloitte & Touche LLP, and industry leader for technology, media and telecommunications, within Deloitte's audit and assurance practice. "What's exciting about celebrating 25 years of the Tech Fast 500 is we now have a quarter century of innovation stories to draw and reflect upon. These are the companies that push boundaries, help organizations become more efficient and productive, and ultimately enable businesses to drive growth and revenue. We congratulate all the well-deserving winners."

To date, SimpleNexus has connected its 21,000 active loan originators with 1.3 million borrowers and 89,000 realtor partners to produce more than seven million loans totaling over $200 billion in volume. Last year the company added 60 clients to its roster, bringing the total number of enterprise lenders SimpleNexus empowers to "do more" to 259, including 15 of the top 25 retail lenders in the United States.

The full list of Deloitte Technology Fast 500 honorees can be viewed at (PDF): http://bit.ly/2XapQ7v.

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 Deloitte:

Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee ("DTTL"), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as "Deloitte Global") does not provide services to clients. In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the "Deloitte" name in the United States and their respective affiliates. Certain services may not be available to attest clients under the rules and regulations of public accounting. Please see www.deloitte.com/about to learn more about our global network of member firms.

SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced it has earned the 102 position on Deloitte's Technology Fast 500.

Related link: https://simplenexus.com/

Finance of America Mortgage LLC Transforms Incentive Compensation Process, Gains Insight, Flexibility and Efficiency with LBA Ware’s CompenSafe

MACON, Ga. /ScoopCloud/ -- LBA Ware(TM), a leading incentive compensation management (ICM) and business intelligence (BI) software solutions provider for the mortgage industry, today announced that Finance of America Mortgage LLC (FAM) has upgraded its incentive compensation process with CompenSafe(TM). With CompenSafe's near real-time loan origination system data integration, FAM is automating incentive compensation for its more than 1,500 loan originators (LOs) and other bonus-based employees.

A result of the acquisition of Gateway Funding and having acquired certain assets of other major lenders, including Skyline Home Loans and Pinnacle Mortgage, FAM is currently the tenth largest mortgage lender by volume, with branches in all 50 U.S. states. The mortgage lending heavyweight engaged LBA Ware to deploy CompenSafe because the flexible platform could replace its existing homegrown compensation solutions, which it inherited from the conglomerate's several major acquisitions.

"The implementation of CompenSafe has brought a new level of openness to compensation for LOs, branch managers and regional managers alike," said FAM Chief Financial Officer Michael Lord. "LOs enjoy the ability to view their compensation as soon as loans are funded, branch managers love the pipeline management features and corporate has found CompenSafe's timestamped tracking of compensation plan changes to be an immensely helpful compliance tool."

"By automating processes and providing visibility into commissions, revenues, and pipeline data in one place, mortgage lenders like FAM are equipped to scale and maintain best-in-class experiences for its employees and borrowers alike," said LBA Ware Founder and CEO Lori Brewer. "What's more, because compensation is so intimately tied to performance, CompenSafe maintains its relevance to LOs, management, compliance, and corporate teams."

About LBA Ware(TM):

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

About Finance of America Mortgage LLC:

FAM is a diversified national lender dedicated to providing best in class financial solutions to improve the financial well-being of its customers. FAM is part of the Finance of America family of companies, which serves borrowers through trusted brands including Finance of America Mortgage LLC, Finance of America Reverse LLC and Finance of America Commercial LLC. The Finance of America family of companies employs more than 4,000 professionals in more than 350 offices across the country. For more information, please follow us on LinkedIn.

LBA Ware(TM), a leading incentive compensation management (ICM) and business intelligence (BI) software solutions provider for the mortgage industry, today announced that Finance of America Mortgage LLC (FAM) has upgraded its incentive compensation process with CompenSafe(TM).

Related link: https://lbaware.com/

LBA Ware Founder and CEO Scheduled to Speak at 2019 MBA Accounting and Financial Management Conference

MACON, Ga. /ScoopCloud/ -- LBA Ware(TM), a leading incentive compensation management (ICM) and business intelligence (BI) software solutions provider to the mortgage industry, today announced that Founder and CEO Lori Brewer has been invited to speak at the Mortgage Bankers Association (MBA) 2019 Accounting and Financial Management Conference, November 19-21 at the Marriot Marquis San Diego Marina.

Brewer will participate in the Wednesday, November 20, conference session, "The 800 Pound Gorilla: Sales Costs and Productivity," from 1:00-1:50 p.m. in Marina Ballroom E, joined by co-panelists Richard Andreano, partner, Ballard Spahr LLP; Darryl MacNair, CFO, Eustis Mortgage Corporation; and Matt Stokes, chief analytics officer, AmCap. During the Residential Track breakout session, panelists will discuss mortgage lenders' strategies to motivate loan originators (LOs) and increase production volume while guarding their bottom line.

"Many lenders do not realize that nuanced details of employee incentive compensation packages have an immense power to shape sales performance and radically impact profitability," said LBA Ware Founder and CEO Lori Brewer. "I'm eager to share with session attendees how savvy lenders are re-evaluating their comp plans to more effectively manage their bottom line."

The MBA's Accounting and Financial Management Conference assembles leading authorities in mortgage and real estate finance to share critical business intelligence, insights and best practices. To learn more, visit https://www.mba.org/conferences-and-education/event-mini-sites/accounting-and-financial-management-conference.

About LBA Ware(TM):

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

Twitter: @LBAWare #AFM19 @MortgageBankersAssociation #LimeGear #CompenSafe

*PHOTO link for media: https://www.Send2Press.com/300dpi/19-0115s2p-lori-brewer-300dpi.jpg
*Photo Caption: LBA Ware founder and CEO Lori Brewer.

LBA Ware, a leading incentive compensation management (ICM) and business intelligence (BI) software solutions provider to the mortgage industry, today announced that Founder and CEO Lori Brewer has been invited to speak at the Mortgage Bankers Association (MBA) 2019 Accounting and Financial Management Conference, November 19-21.

Related link: https://lbaware.com/

DocMagic Leads eClosing Categories and Holds Highest Market Share in Document Generation in STRATMOR Group’s 2019 Study

TORRANCE, Calif. /ScoopCloud/ -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that its Total eClose(TM) platform is the eClosing leader based on market share, overall satisfaction and lender loyalty in STRATMOR Group's 2019 Mortgage Technology Insight Study.

"STRATMOR's study places DocMagic as the eClosing leader, with more than 52.4 percent of the market comprised of banks, credit unions, and independent mortgage bankers," said Dominic Iannitti, president and CEO of DocMagic. "We're thrilled to have our customers rank us so highly in a study by an organization as reliable and respected as STRATMOR."

DocMagic also led eClosing providers in overall satisfaction ratings and STRATMOR's coveted Lender Loyalty Score(R) analysis, which the study states is based on lender satisfaction and intent to continue using the technology.

A second DocMagic technology, the company's document generation solution, also holds the highest market share in its category. Together, Total eClose and DocMagic's dynamic document generation can provide lenders with 100 percent paperless eClosings.

According to STRATMOR Group, this year's study was based on responses from 250 mortgage professionals representing 209 unique lenders. The 2019 survey represents 29 percent of the mortgage market and draws in part upon 2017 HMDA data to maximize accuracy. STRATMOR defines eClosing technology as a system that allows lenders to deliver fully digital and also hybrid eClosings through a central platform. STRATMOR concluded that "eClosing represents a significant ROI opportunity for lenders to automate."

DocMagic's Total eClose platform is a comprehensive solution that delivers a completely paperless workflow and seamlessly integrates every component of the closing process. It includes a robust eDocument library with integrated eSign technology; the MISMO Category One SMARTDoc(R) eNote; eNotary technology for all 50 states; direct connectivity to the MERS(R) eRegistry; GSE-certified eVault storage for one year; secure and compliant investor delivery; and a complete audit trail for proof of compliance.

Persons interested in learning more about the industry's leading eClosing platform can contact 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/.

About STRATMOR Group:

Founded in 1985, STRATMOR Group has, since inception, focused exclusively on making the mortgage business better for lenders and the borrowers they serve. Today, STRATMOR is a data-driven advisory that guides lenders and vendor clients alike to make smart strategic decisions, solve complex challenges, streamline operations, improve profitability and accelerate growth. For more information, visit https://www.stratmorgroup.com/.

Social Media: @DocMagic #DocMagiceClose #TotaleClose #eClosingLeader #STRATMORGroup #MortgageTechnologyInsightStudy

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

*IMAGE links for media:
[1] https://www.Send2Press.com/300dpi/19-1105s2p-docmagic-chart-300dpi.jpg
[2] https://www.Send2Press.com/300dpi/19-1017s2p-DocMagic-logo-300dpi.jpg

DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that its Total eClose(TM) platform is the eClosing leader based on market share, overall satisfaction and lender loyalty in STRATMOR Group's 2019 Mortgage Technology Insight Study.

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

FinTech Firm FormFree Sponsors PGA Tour Golfer Matt NeSmith

ATHENS, Ga. /ScoopCloud/ -- FormFree(R) today announced a two-year agreement to sponsor 25-year-old pro golfer Matt NeSmith. Currently playing in his first season on the PGA TOUR, NeSmith will wear the fintech firm's logo on the left sleeve of his apparel.

FormFree's credit decisioning products make it easy for consumers to paperlessly certify their financial assets, income and employment when applying for a loan. The company was a sponsor of the 2019 Ellie Mae Classic, where NeSmith posted an eighth-place finish. NeSmith went on to secure his PGA TOUR card with an August 25 win at the Albertson's Boise Open, the penultimate stop on the Korn Ferry Tour.

"We played with Matt at the Ellie Mae Classic and were impressed with his quality of character and determination to succeed," said FormFree Founder and CEO Brent Chandler. "When he made it into the PGA TOUR a few weeks later, we decided to step up and support this young man."

"Being selected as FormFree's first PGA TOUR ambassador is an honor, and I am excited to have them along as a partner as I start my career on the PGA TOUR," NeSmith said.

September's A Military Tribute at the Greenbrier was NeSmith's first PGA TOUR start as a member, and he showed great form at October's Shriners Hospitals for Children, where he finished T18 in just his fourth start of the season. The former University of South Carolina standout finished his career with the Gamecocks in 2016 as one of the most decorated golfers in USC history and the #7 ranked amateur in the world.

Early highlights of NeSmith's rookie season include the first round of the Safeway Open, in which he posted his lowest round on the PGA TOUR, a -6 (66). NeSmith is in action again at the Mayakoba Golf Classic, which tees off November 14 in Playa del Carmen, Mexico.

About FormFree(R)

FormFree(R) is a market-leading fintech company whose revolutionary products AccountChek(R) and Passport(TM) are changing the credit decisioning landscape and encouraging lenders nationwide to incorporate a more holistic view of each borrower's financial DNA. To date, thousands of U.S. lenders and brokers have ordered millions of FormFree's patented verification reports representing over a trillion dollars in loan verifications. FormFree delights borrowers and lenders with a paperless experience, reduces origination timelines by up to 20 days and offers automated analysis and standardized delivery to lenders and investors using a secure ReIssueKey(TM). A HousingWire TECH100(TM) company for four consecutive years, FormFree is based in Athens, Georgia.

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

Twitter: @RealFormFree @Matt_KneeSmith @PGATOUR #digitalmortgage #TechTrendsetters

*PHOTO link for media: https://www.Send2Press.com/300dpi/19-1101s2p-ff-Matt-NeSmith-300dpi.jpg
*Photo caption: FormFree Sponsors PGA Tour Golfer Matt NeSmith.

FormFree today announced a two-year agreement to sponsor 25-year-old pro golfer Matt NeSmith. Currently playing in his first season on the PGA TOUR, NeSmith will wear the fintech firm's logo on the left sleeve of his apparel.

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

Matic named to InsurTech100 list of the world’s top insurance technology providers

COLUMBUS, Ohio /ScoopCloud/ -- Matic, a fully licensed digital insurance agency that partners with mortgage servicers and originators to sell insurance products to borrowers, has been named to FinTech Global's InsurTech100. The annual awards program, now in its second year, recognizes the pioneering tech firms leading today's global insurance industry.

A panel of industry experts selected Matic from a field of more than 1,000 insurtech companies curated by data and research firm Fintech Global. Matic was recognized for helping mortgage lenders and servicers tackle the challenge of integrating homeowners insurance into the mortgage process. Its proprietary technology condenses the timeframe required to compare and purchase policies from an average of two to three days to about two to three minutes, greatly speeding up loan transactions and helping mortgage customers save money.

"Matic provides the missing link between insurance carriers and mortgage companies, adding considerable value for both parties - and their customers - along the way," said Matic CEO Ben Madick. "Carriers can leverage Matic to deliver a quality-focused online bind experience that decreases claims ratios and underwriting risk, while mortgage lenders and servicers can 'wow' customers by making it simpler than ever before to compare and purchase the homeowners insurance required for a home loan. We're honored to be recognized among this esteemed list of companies transforming the insurance industry through technology."

"The insurtech industry has seen huge growth in the last two years as insurance companies grapple with the challenges of digital transformation and new demands from customers," stated Fintech Global in a press release. "Nearly $10 billion has been invested in insurtech companies since the beginning of 2017."
A full list of the InsurTech 100 can be found at https://fintech.global/insurtech100/.

About Matic

Matic is a digital homeowners insurance marketplace built for mortgage servicers and lenders. Matic's proprietary technology analyzes data from loan origination and servicing software to give homebuyers multiple policy options within seconds - without any manual data entry or lengthy questionnaires. With more than 20 A-rated carrier partners and industry-leading customer service ratings, Matic helps loan officers close deals faster and enables mortgage servicers to delight customers with an average of $617 per year in unexpected savings.

For more information, visit https://matic.com or follow Matic on LinkedIn.

Matic, a fully licensed digital insurance agency that partners with mortgage servicers and originators to sell insurance products to borrowers, has been named to FinTech Global's InsurTech100. The annual awards program, now in its second year, recognizes the pioneering tech firms leading today's global insurance industry.

Related link: https://maticinsurance.com/

FormFree adds paystubs to Passport all-in-one asset, employment and income verification service

ATHENS, Ga. /ScoopCloud/ -- FormFree(R) today announced that it has added paystub collection and verification to its Passport(TM) all-in-one asset, employment and income verification service. The enhancement will be available to FormFree customers, including those who use Passport through one of FormFree's more than 100 integrations and reseller partnerships, in November.

To use the new feature, loan applicants can grant Passport permission to electronically collect paystub data from supported payroll providers. Alternatively, applicants can submit a photo or upload a PDF or scanned image of their paystub using the Passport verification app.

In a matter of seconds, FormFree's analytics engine corroborates the collected payroll data against public and proprietary data sources to verify that the applicant's stated employer is a valid business with whom the applicant has a verifiable association. At the same time, FormFree compares payroll data against the applicant's financial assets to confirm the frequency and source of direct deposits and calculate the applicant's annual net pay and gross income. FormFree then pushes the verified asset, income and employment data directly into lender systems such as digital loan applications, origination software and automated underwriting systems (AUS).

"Paystub verification is a capability our customers have been anticipating for some time, and it was important to us to get it right," said FormFree CEO Brent Chandler. "We're proud to introduce a solution that stands head and shoulders above anything else in the market."

"The sheer number of data points we're able to corroborate against paystub data will give lenders and investors a rock-solid understanding of each loan applicant's assets, income and employment and enable them to make credit decisions with an extremely high level of confidence," continued Chandler. "Best of all, the new capability will be available to our valued customers through their existing integrations and our APIs - no additional implementation required."

About FormFree(R)

FormFree(R) is a market-leading fintech company whose revolutionary products AccountChek(R) and Passport(TM) are changing the credit decisioning landscape and encouraging lenders nationwide to incorporate a more holistic view of each borrower's financial DNA. To date, thousands of U.S. lenders and brokers have ordered millions of FormFree's patented verification reports representing over a trillion dollars in loan verifications. FormFree delights borrowers and lenders with a paperless experience, reduces origination timelines by up to 20 days and offers automated analysis and standardized delivery to lenders and investors using a secure ReIssueKey(TM). A HousingWire TECH100(TM) company for four consecutive years, FormFree is based in Athens, Georgia.

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

Twitter: @RealFormFree #digitalmortgage #Passport #paystubs

FormFree(R) today announced that it has added paystub collection and verification to its Passport(TM) all-in-one asset, employment and income verification service. The enhancement will be available to FormFree customers, including those who use Passport through one of FormFree's more than 100 integrations and reseller partnerships, in November.

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

Global DMS Officially Introduces EVO-Residential(tm) Valuation Technology Platform

AUSTIN, Texas /ScoopCloud/ -- Global DMS, a leading provider of cloud-based valuation management software, announced the launch of its new residential valuation solution at the MBA's Annual Convention & Expo being held at the Austin Convention Center from Oct. 27 - 30. Branded EVO-Residential(TM) (EVO-Res), the platform is primed to change the way lending and real estate entities process and manage valuations.

Global DMS engineered EVO-Res from the ground up with total automation of the entire valuation process in mind. The company believes everything begins with empowering organizations with an arsenal of incredibly easy-to-use tools that help transform their businesses into ultra-efficient, compliant, finely tuned operations. Using EVO-Res, the burdensome and costly valuation process the mortgage industry contends with can now be executed flawlessly through automation standing behind decades of integrated best practices.

"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," says Vladimir Bien-Aime, president and CEO of Global DMS. "EVO-Res provides organizations with an unrivaled technology foundation that ensures their unique valuation processes are completely automated from start to finish that was not possible until now. Empowering our clients with this technology advantage gives them an unparalleled ability to easily adapt to the ebbs and flows of the mortgage market and their unique valuation business needs."

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 the platforms currently available in the market. EVO-Res is user role-based providing a customized experience for each user, complete with separate dashboards and task lists that help drive optimal performance by allowing them to focus on the most important tasks of the moment. EVO-Res users have the ability to configure every field, new fields can be added on the fly and are instantly reportable. Users can also create new review forms in minutes. Previously, these types of changes would require costly and time-consuming development intervention.

"From a return on invesTMent point of view, using a platform like EVO-Res just make sense," stated Jody Collup, COO at Global DMS. "The process efficiency advantages inherent in EVO-Res' infrastructure keeps every user on task, positively impacting your time to closing and effectively reducing your costs."

Notably, EVO-Res also works seamlessly with EVO-C, Global DMS' commercial lending valuation platform, thus allowing for a single-system experience to easily and effectively manage two distinctly different business lines.

Global DMS will be offering demonstrations of EVO-Res in booth 1019 at the MBA Annual Convention & Expo from Oct. 27 - 29. In addition, the company will also be hosting a celebratory launch party at the conclusion of the show on the evening of Tues. the 29t at 8 p.m. CST. Contact Global DMS to learn more at evopreview@globaldms.com or 877-866-2747 (option 2).

About Global DMS:

Founded in 1999 and headquartered in Lansdale, Pennsylvania, Global DMS is a leading provider of cloud-based commercial and residential real estate valuation technology. 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 appraisal process. Global DMS' solutions include its newly launched EVO-Residential(TM) platform (EVO-Res), contemporary EVO-Commercial(TM) (EVO-C) for commercial lending, existing eTrac(r) Enterprise platform for residential lending along with its many companion products, as well as the SnapVal(TM) appraisal pricing solution. For more information, visit the company's web site https://www.globaldms.com/ or call (877) 866-2747.

Social Media: @GlobalDMS #EVO-Res #ValuationManagementSoftware #MBAAnnual

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

*LOGO link for media: https://www.Send2Press.com/300dpi/19-1028s2p-gdms-evo-300dpi.jpg

Global DMS, a leading provider of cloud-based valuation management software, announced the launch of its new residential valuation solution at the MBA's Annual Convention & Expo being held at the Austin Convention Center from Oct. 27 - 30. Branded EVO-Residential(TM) (EVO-Res), the platform is primed to change the way lending and real estate entities process and manage valuations.

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

IDS Adds Integrated 4506-T Income Verification Services from QuestSoft to Its Mortgage Document Preparation Platform

SALT LAKE CITY, Utah /ScoopCloud/ -- Mortgage document preparation vendor International Document Services, Inc. (IDS), today announced it has integrated 4506-T Verification Services from QuestSoft Corporation, one of the nation's leading providers of automated mortgage compliance software, into idsDoc. With this integration, QuestSoft customers can now directly order 4506-T income verifications to be eSigned through idsDoc.

"Increasing efficiency is a top priority for every lender, and anytime lenders can automate labor-intensive processes or reduce delays through automation, that only serves to reduce turntimes and improve the borrower experience," said IDS Vice President and General Manager Mark Mackey. "QuestSoft has a long history as one of the industry's most reputable compliance and risk management technology firms, and we are thrilled to partner with them to integrate its income verification service into idsDoc."

Through the integration, loan teams are notified as soon as borrowers complete the 4506-T form in the IDS eSign room, allowing them to streamline the ordering process and pull direct-source data for more accurate income verification. As a result, joint QuestSoft-IDS customers can potentially reduce processing times while improving loan integrity and quality.

"As more lenders embrace the electronic signing of mortgage documents, the ability to easily order and verify income data through IDS and QuestSoft provides lenders a compliant, secure way to increase efficiency and speed the time from application to closing," said Steve Butler, Senior Vice President, Business Development at QuestSoft.

QuestSoft's full suite of IRS 4506-T verification services helps prevent fraud and inaccuracies before each loan is funded. A personal review by a QuestSoft expert ensures that data is properly analyzed. As an authorized Day 1 Certainty(R) Report Supplier, QuestSoft's 4506-T service also allows lenders to have freedom from reps and warrants.

About QuestSoft

Laguna Hills, Calif.-based QuestSoft is a leading provider of comprehensive compliance software and services for the mortgage, bank and credit union industries. QuestSoft combines 20+ years of mortgage regulatory, CRA and Fair Lending compliance analytics, data management and software design expertise with best-in-class customer service to consistently improve client compliance accuracy and facilitate smoother regulatory audits. QuestSoft products, interfaced with over 40 software providers, enable more than 2,700 banks, credit unions and mortgage companies to simplify and speed the collection, analysis, compilation and reporting of key lending regulatory report data. The company's software helped lenders submit over eight million error-free transactions to regulators in 2018. For more information, call 800-575-4632, ext. 1, or visit http://www.questsoft.com/.

About IDS, Inc.

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

*LOGO link for media: https://www.Send2Press.com/300dpi/18-0301s2p-ids-inc-300dpi.jpg

Mortgage document preparation vendor International Document Services, Inc. (IDS), today announced it has integrated 4506-T Verification Services from QuestSoft Corporation, one of the nation's leading providers of automated mortgage compliance software, into idsDoc.

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

ARMCO Completes Fast Track 45-Day Implementation Delivering on Bay Equity’s QC Update Deadline

POMPANO BEACH, Fla. /ScoopCloud/ -- ACES Risk Management (ARMCO), the leading provider of enterprise financial risk mitigation solutions, has announced that it has implemented ACES Audit Technology(TM) for Bay Equity Home Loans, well within the lender's 45-day deadline for launching its new quality control (QC) operations.

"It was a tall order to get everything up and running, configured, and have everyone trained within 45 days," said Cyndi Clouse, AVP of Quality Control for Bay Equity. "ARMCO's team was with us literally every step of the way. It's a 180-degree difference from implementations where you can feel abandoned once you sign the contract."

Bay Equity Home Loans is a full-service retail mortgage lending institution founded in June 2007. When senior management decided to update the company's QC processes, department executives seized the opportunity to find a technology that would improve its QC workflow.

Since implementing ACES, the company not only successfully launched its updated quality control initiatives, but also gained tangible efficiencies in its QC processes:
* Replaced email and spreadsheets as a means for sharing information, with a secure, real-time online platform that connects multiple QC locations
* Reduced turn times for month-end reports from several days to roughly one hour
* Accelerated configuration times from as much as five days, to just a few minutes.

Bay Equity was looking for an enterprise QC platform that was highly configurable to meet its unique business needs.

"We love that ACES' configurability gives such versatility in the ways we can use the technology," said Clouse. "We're looking forward to expanding use into our servicing QC audits and possibly within other Bay Equity departments.

"Proactive companies like Bay Equity always appreciate the superior implementation experience our client success team delivers," said Phil McCall, president of ARMCO. "We're thrilled to welcome Bay Equity to the ARMCO client family and we're looking forward to delivering an ongoing exceptional client experience."

For more details on how ARMCO helped Bay Equity reach their qc goals and meet deadlines, read the client case study (PDF): http://www2.armco.us/l/47622/2019-09-24/7sbw3z/47622/198741/ARMCO_Bay_Equity_Case_Study_8.5x11_final_V2.pdf

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.

ACES Risk Management (ARMCO), the leading provider of enterprise financial risk mitigation solutions, has announced that it has implemented ACES Audit Technology(TM) for Bay Equity Home Loans, well within the lender's 45-day deadline for launching its new quality control (QC) operations.

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

MCT Launches InvestorMatic™ Program to Elevate the Whole Loan Trading Experience Between Lenders and Investors

SAN DIEGO, Calif. /ScoopCloud/ -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that it has officially introduced a unique program called InvestorMatic(TM) in the lead up to the MBA Annual Convention & Expo in Austin, Texas being held Oct. 27 - 30. Amid increasing marketplace demands to digitize the mortgage loan trading process, the new program is designed to improve the lender experience in selling whole loans to their correspondent investor counterparts.

Company officials at MCT say the secondary market has traditionally been wrought with diverse and inefficient methods by which to communicate, initiate and accept loan bids, and complete whole loan sales between sellers and buyers. The InvestorMatic Program aims to address this problem and is the latest in a series of client-driven innovations that have been helping MCT clients optimize secondary marketing performance.

InvestorMatic is comprised of two core components: 1) a technology certification process that reviews and rates correspondent investors based on the convenience and depth of their whole loan sale process. 2) a suite of supporting software that assists correspondent investors in elevating the seller experience in key areas. This combination results in a much more efficient, streamlined, and secure whole loan trading process.

"For years, MCT has been helping lenders automate secondary marketing mortgage processes. Their continuous feedback and technology collaboration has played an instrumental role in the success of our core capital markets platform, MCTlive!," said Phil Rasori, COO at MCT. "MCT's InvestorMatic Program is our newest advancement, this time with a laser-focused goal of improving the lender experience in selling whole loans to their correspondent investor counterparts."

MCT conducted extensive research in the development of InvestorMatic, which identified five key components of the loan selling experience that lenders are looking for from their correspondent investors. Among them are faster pricing and commitment turn times; fully functioning Bid Tape AOT delivery channels; encryption of data in transit and at rest; real-time shadow bids and pricing; and bid tape mark-to-market pricing.

Based on performance in these key areas, MCT will be certifying applicable correspondent investors at bronze, silver, and gold technology certification levels before said levels are published in early December. These certifications will provide a handy reference to lenders on the technology experience they can expect when considering a relationship with a particular investor.

These certifications are made free-of-charge and regardless of the systems used, but InvestorMatic software is available to support interested investors. As always, MCT provides lenders with best execution analysis and recommendations designed to achieve their goals, and in which price competitiveness is the leading factor.

"Put simply, the MCT InvestorMatic Program is yet another step we've taken to move the mortgage industry forward in the secondary marketing space," stated Curtis Richins, President at MCT. "Part of our long-term corporate vision is to digitize the entire secondary marketing process, and InvestorMatic will help our lender clients and the investor community get another step closer to achieving this goal."

MCT will be holding discussions about its new InvestorMatic Program at the MBA Annual Convention & Expo in Austin, Texas being on Oct. 27 - 30. Register for the company's upcoming webinar on Nov. 7 at 11 a.m. PST to learn more about the InvestorMatic program. https://mct-trading.com/mct-webinar-introducing-new-investormatic-program/

About MCT:
Founded in 2001, Mortgage Capital Trading, Inc. (MCT) has grown from a boutique mortgage pipeline hedging firm into the industry's leading provider of fully-integrated capital markets services and technology. MCT offers an array of best-in-class services and software covering mortgage pipeline hedging, best execution loan sales, outsourced lock desk solutions, MSR portfolio valuations, business intelligence analytics, mark to market services, and an award-winning comprehensive capital markets software platform called MCTlive! MCT supports independent mortgage bankers, depositories, credit unions, warehouse lenders, and correspondent investors of all sizes.

Headquartered in San Diego, MCT also has California offices in Healdsburg and Los Angeles, as well as sites in Dallas and Philadelphia. MCT is well known for its team of capital markets experts and senior traders who continue to provide the boutique-style, hands-on engagement clients value. For more information, visit https://mct-trading.com/ or call (619) 543-5111.

Social Media: @mcttrading #InvestorMaticProgram #MortgageHedgeAdvisory #SecondaryMarketingSoftware #MBAAnnual

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

*LOGO link for media: https://www.Send2Press.com/300dpi/19-1023s2p-MCT-InvestorMatic-300dpi.jpg

Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that it has officially introduced a unique program called InvestorMatic in the lead up to the MBA Annual Convention & Expo in Austin, Texas.

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

FormFree Teams Up with LexisNexis Risk Solutions to Revolutionize Digital Mortgage Loan Applications for Borrowers and Lenders

ATLANTA, Ga. /ScoopCloud/ -- FormFree(R) has teamed up with LexisNexis(R) Risk Solutions to help lenders intelligently pre-fill the Universal Residential Loan Application (Form 65/1003) for mortgage applicants. The combined solution, part of FormFree's Passport(TM) all-in-one verification app, significantly reduces the amount of information a consumer must manually input into a digital loan application, greatly simplifying the application process, minimizing input errors and improving the likelihood of completing the loan application.

How It Works

The LexisNexis Digital Mortgage Application Prefill solution works behind the scenes to verify the consumer's device, providing an initial layer of fraud defense before the transaction begins. Once the device is authenticated, consumers who opt to authenticate their identity and use the Passport electronic verification service can view, confirm and edit loan applications that have been prefilled with their personal information, including two year address history; assets and other real estate owned; employer information from Passport; monthly income; and combined housing expense information.

Value for Lenders

The combined solution allows lenders to provide a significantly improved online loan application experience. Benefits for lenders include:
* Improved mobile channel experience for consumers
* Minimized customer friction during the loan application process
* Seamless mitigation of fraud risk through fortified device and identity authentication
* Minimized operational costs through use of validated applicant data

"Passport gives customers an exceptionally streamlined way to apply for a loan, boosting efficiency and pull-through for lenders in a competitive market," said Brent Chandler, CEO of FormFree. "FormFree is advancing the industry's digital mortgage transformation to meet the evolving expectations of today's consumer. We're proud to offer our lender customers access to a capability that is so well aligned with our mission."

"Offering the LexisNexis Digital Mortgage Application Prefill solution to mortgage lenders through FormFree's Passport delivers a faster, mobile-ready and superior consumer experience while helping lenders showcase their differentiated digital mortgage capabilities," said Nick Larson, senior director for LexisNexis Risk Solutions. "Our combined service provides cleaner electronic data from trusted sources to lenders who in turn can offer consumers a quick and easy application experience. Seamlessly authenticating the consumer's device up front provides next-level consumer data privacy and identity fraud prevention."

Up-front device authentication is powered by LexisNexis(R) Digital Identity Network(R), a crowdsourced, cross-industry digital identity intelligence network comprised of some of the world's most trusted eCommerce, financial services and payments brands that enhances fraud and authentication decisioning while reducing friction for end users.

To request a demo of Passport by FormFree featuring LexisNexis Digital Mortgage Application Prefill, visit https://www.formfree.com/passport or stop by FormFree's booth #621 at the Mortgage Bankers Association's Annual Convention & Expo being held October 27-30 in Austin, Texas.

About FormFree(R)

FormFree(R) is a market-leading fintech company whose revolutionary products AccountChek(R) and Passport(TM) are changing the credit decisioning landscape and encouraging lenders nationwide to incorporate a more holistic view of each borrower's financial DNA. To date, thousands of U.S. lenders and brokers have ordered millions of FormFree's patented verification reports representing over a trillion dollars in loan verifications. FormFree delights borrowers and lenders with a paperless experience, reduces origination timelines by up to 20 days and offers automated analysis and standardized delivery to lenders and investors using a secure ReIssueKey(TM). A HousingWire TECH100(TM) company for four consecutive years, FormFree is based in Athens, Georgia.

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

About LexisNexis Risk Solutions

LexisNexis(R) Risk Solutions harnesses the power of data and advanced analytics to provide insights that help businesses and governmental entities reduce risk and improve decisions to benefit people around the globe. We provide data and technology solutions for a wide range of industries including insurance, financial services, healthcare and government. Headquartered in metro Atlanta, Georgia, we have offices throughout the world and are part of RELX (LSE: REL/NYSE: RELX), a global provider of information-based and analytics and decision tools for professional and business customers across industries. For more information, please visit https://www.risk.lexisnexis.com/ and https://www.relx.com/.

Twitter: @RealFormFree @LexisNexisRisk #URLA #Form1003 #digitalmortgage

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

FormFree has teamed up with LexisNexis Risk Solutions to help lenders intelligently pre-fill the Universal Residential Loan Application (Form 65/1003) for mortgage applicants. The combined solution significantly reduces the amount of information a consumer must manually input.

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

Industry Veteran Chris Olsen Joins OpenClose as Vice President of Sales Engineering

WEST PALM BEACH, Fla. /ScoopCloud/ -- OpenClose(R), an industry-leading multi-channel loan origination system (LOS) and digital mortgage fintech provider, announced that it added technology veteran Chris Olsen to help further expand its sales department. Chris holds the newly created position of vice president of sales engineering and will provide software support for OpenClose sales executives catering to mortgage bankers, credit unions, community banks and other real estate entities. He holds a through-and-through background in mortgage technology with a deep understanding of individualized lender needs.

"Chris brings a unique blend of enterprise-level solution-based experience, sales engineering methods supporting large lenders, development knowledge, project execution and management expertise from start-ups to Fortune 500 Companies," stated Vince Furey, chief revenue officer at OpenClose. "He will serve as a valuable resource for our organization as our rapid growth continues."

Chris comes to OpenClose from Ellie Mae, where he was a senior technical sales engineer managing enterprise LOS pre and post sales engagements for their core as well as add-on services. At Ellie Mae, he led multiple cross-organization training initiatives for new product introductions and positioning, provided consultative custom development insight and assisted with the successful onboarding of new lender customers.

Prior to joining Ellie Mae, Chris was a project manager and AVP at JP Morgan Chase, interfacing with senior management to prioritize projects, determine business requirements, and serve as the primary vendor point of contact throughout new projects. He also hired, built and spearheaded a team of developers and technical analysts to drive enterprise-wide implementation of high-profile business workflows.

Previous to that, he was a senior software developer and partner at ClosersEdge, an independent software provider for the real estate title and settlement services industry. While there, he assembled and led a team of developers to build and consume high-quality, commercial web-based services and multi-tier online applications including REST and SOAP protocols. ClosersEdge was successfully acquired by TSS Software Corporation, a nationwide company with approximately 18,000 users.

"I look forward to working with lenders and taking OpenClose's pre and post sales engineering to the next level," said Olsen. "The completely browser-based comprehensive mortgage software suite that OpenClose has developed and continues to expand on is in high demand by a variety of different lending entities of all types and sizes. OpenClose is an innovative and nimble software firm that has major advantages over the competition. I will enjoy showcasing their immense strengths, disruptive software model and far-reaching lender benefits."

At OpenClose, Chris will play a key role in further advancing the company's digital mortgage point-of-sale (POS) solution, ConsumerAssist(TM) Digital POS, which operates seamlessly with OpenClose's LenderAssist(TM) LOS, DecisionAssist(TM) product and pricing engine (PPE), and IntegrationAssist(TM) RESTful API ecosystem. The single-source solution is one of the first of its kind in the mortgage industry, increasing demand among lending entities of all types looking to streamline their POS and LOS experience and workflow.

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.

Social Media: @OpenCloseSocial #MultiChannelLOS #POSDigitalMortgage #DigitalMortgageEcosystem #LoanOriginationSoftware

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

*PHOTO link for media: https://www.Send2Press.com/300dpi/19-1023s2p-chris-olsen-openclose-300dpi.jpg

OpenClose, an industry-leading multi-channel loan origination system (LOS) and digital mortgage fintech provider, announced that it added technology veteran Chris Olsen to help further expand its sales department. Chris holds the newly created position of vice president of sales engineering.

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

LBA Ware’s CompenSafe™ Enhances the Loan Originator Experience at Guaranteed Rate

MACON, Ga. /ScoopCloud/ -- LBA Ware(TM), a leading provider of incentive compensation management (ICM) and business intelligence (BI) software solutions for the mortgage industry, today announced that Guaranteed Rate Companies has improved internal processes and enhanced the loan originator (LO) experience with the implementation of CompenSafe(TM). One of the largest retail mortgage lenders in the United States, Guaranteed Rate has deployed CompenSafe nationwide to improve its automated compensation process for nearly 1,500 LOs and other bonus-eligible employees.

According to Ken Kane, Chief Accounting Officer for Guaranteed Rate, the switch from manual, spreadsheet-based incentive calculation to an automated solution tailor-made for the mortgage industry has enabled Guaranteed Rate Companies to scale more efficiently. It's also freed the lender's accounting staff to spend less time preparing compensation statements and more time on compensation review, which helps the company reduce risk and provide a better experience for LOs.

"Since Guaranteed Rate is a sales-driven company, our leadership team seeks out the most innovative tools to enable efficiency so our loan originators can focus on their customers," said Kane. "We consistently strive to provide the best overall experience, which includes a quality compensation product. CompenSafe delivers process improvements that empower our support staff to work smarter, not harder."

"Lenders of all sizes - from community banks and independent mortgage lenders to companies like Guaranteed Rate that are leading the industry in loan production - need technologies that allow employees to focus on the tasks that add the most value," said LBA Ware Founder and CEO Lori Brewer. "CompenSafe delivers immediate gains in operational efficiency while simultaneously improving the compensation experience for any lender's most important asset: its loan teams."

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

About LBA Ware(TM):

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

A 2019 Inc. 5000 fastest-growing private company, LBA Ware is headquartered in Macon, Georgia. For more information, visit https://lbaware.com.

Twitter: @LBAWare @GuaranteedRate #CompenSafe #automation #processimprovement #compensation #LOcomp #incentivizeperformance

*LOGO link for Media: https://www.Send2Press.com/300dpi/19-0923s2p-lbaware-300dpi.jpg

LBA Ware, a leading provider of incentive compensation management (ICM) and business intelligence (BI) software solutions for the mortgage industry, today announced that Guaranteed Rate Companies has improved internal processes and enhanced the loan originator (LO) experience with the implementation of CompenSafe.

Related link: https://lbaware.com/

SimpleNexus Integrates with Reggora, Enabling Loan Originators to View and Manage Appraisals on the Go

LEHI, Utah /ScoopCloud/ -- SimpleNexus (https://simplenexus.com/), developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced it has partnered with Reggora, the leading automated appraisal technology for mortgage lenders and appraisers in delivering a range of origination solutions for the mortgage industry. The integration enables loan originators (LOs) to manage appraisals on the go within the SimpleNexus mobile app.

The integration with Reggora's end-to-end appraisal platform better enables LOs and real estate partners to collaboratively support borrowers through the entire homebuying process. From the SimpleNexus app, LOs can receive real-time appraisal status updates, share appraisal information with borrowers and real estate agents, and receive appraiser messages.

"A core value at SimpleNexus is love for the customer; for that reason, we are committed to forging technology partnerships that deliver real ROI for our users," said SimpleNexus COO Ben Miller. "Our integration with Reggora saves LOs from having to toggle back and forth between multiple systems to manage appraisals, putting time back in their day to build relationships and facilitate a smooth closing experience."

"Appraisal scheduling and management is a common source of delays to the closing process," said Reggora CEO Brian Zitin. "Reggora's end-to-end appraisal platform streamlines the appraisal experience-from scheduling, to payment, to report delivery. Lenders benefit from faster turn-around times and shorter time to close."

SimpleNexus empowers more than 20,000 loan officers to "do more" while serving more than 220 mortgage companies, including 15 of the top 25 retail lenders in the United States. For more information, visit https://simplenexus.com/domore.

About Reggora:

Reggora is a modern all-in-one appraisal platform for mortgage lenders and real estate appraisers. Reggora's software condenses and streamlines appraisals by automating traditionally manual processes such as finding appraisers, scheduling appraisal inspections, payment processing and underwriting. The company's platform provides mortgage lenders with higher quality appraisals and reduced turn times, while giving appraisers free tools to process more orders and maximize efficiency. Reggora is based out of Boston, Massachusetts. For more information, visit https://www.reggora.com/ or contact pablo@reggora.com for inquiries.

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

*LOGO link for media: https://www.Send2Press.com/300dpi/19-0724s2p-simplenexus-300dpi.jpg

SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced it has partnered with Reggora, the leading automated appraisal technology for mortgage lenders and appraisers in delivering a range of origination solutions for the mortgage industry.

Related link: https://simplenexus.com/

ReverseVision Unveils New Tech Strategy with Major Platform Updates and Brand Transformation at 2019 MBA Annual Conference

SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision, the leading provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, today announced its transformation as an API-enabled flexible reverse lending platform, unveiling a new logo as part of its revised mission and rebranding.

ReverseVision technology supports more reverse mortgage transactions than all other systems combined. Its revised approach and associated system updates reflect ReverseVision's commitment to evolving platform functionality and equipping every lender-forward and reverse-with tools to easily integrate HECM and private reverse mortgages into the loan evaluation, sales and origination process for every applicable senior borrower.

"The ReverseVision platform is transforming to enable a broader range of implementations matching lenders' business models. We are enabling all lenders to meet borrowers where they are in life," said ReverseVision Vice President of Sales and Marketing Wendy Peel. "Our revised API-enabled platform offers an operationally pragmatic approach to reverse home equity products."

"By providing open APIs that accelerate connectivity with all mortgage lending and retirement planning systems, we are powering greater integration and use of reverse lending in the mortgage ecosystem. New technology partnerships with leading digital mortgage firms will greatly expand presentation and demand for reverse lending. We seek to put tools in the hands of every lender that wants to create borrowers for life with a comprehensive Generational Lending strategy," added Peel.

Initial system capabilities provided by the revised platform include:

* Loan Import API
The development of a loan import API enables any system to programmatically create and prepopulate a reverse loan file within ReverseVision Exchange (RVX). Common system sources include customer relationship management (CRM) systems, point-of-sale solutions, forward loan origination system (LOS) or other third-party software. The loan import API saves LOs from retyping information into multiple systems by automatically importing relevant borrower data fields into RVX at the touch of a button.

* Streamlined product selection within RVX
An update to ReverseVision Administrator (RVA) simplifies the loan program selection menu, improving the loan selection process for LOs.

* Simplified attachments and docs packaging
Available in 2020 ReverseVision users will be able to build a list of documents to be attached to a loan via a single request, significantly reducing the time it takes to attach multiple documents to a loan file.

* Comparison Calculator API
Due to the popularity of RVSA's Comparison Calculators, ReverseVision will release an accompanying API in 2020. The Comparison Calculator API will allow lenders to place ReverseVision's acclaimed Comparison Calculators into their own point-of-sale solution, LOS, CRM, website or mobile app, to provide borrowers and LOs with a visually interactive tool for comparing HECMs and private reverse loans against home equity lines of credit (HELOCs) and traditional first- and second-lien mortgages.

These capabilities are made possible by an all new cloud computing based platform that operates in concert with the classic core RVX origination system. The new architecture enables significantly more flexibility for interaction with other systems and improved scalability while retaining comprehensive reverse origination features. The approach avoids the need for lenders to implement an all new system to exploit a growing set of integrated capabilities. In turn, ReverseVision customers can exploit these new APIs for internal integration and development efforts.

"HECM and private reverse programs have undergone massive transformations and so has our technology," said ReverseVision President and CEO John Button. "ReverseVision's improved capacity for technology coexistence will help all lenders meet borrowers where they are in life and better serve the unique financial needs of senior customers."

ReverseVision's updated visual identity is accompanied by the new tagline, "Rethink. Remortgage. Retire." Additionally, product logos for RVX, ReverseVision Sales Accelerator (RVSA), ReverseVision Database (RVDB), ReverseVision Pro Services (RVPS) and ReverseVision University (RVU) have been refreshed to reflect the rebrand.

About ReverseVision

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

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

Twitter: @reversevision #digitalmortgage #HECM

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

ReverseVision, the leading provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, today announced its transformation as an API-enabled flexible reverse lending platform, unveiling a new logo as part of its revised mission and rebranding.

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

New DocMagic Mobile Application Leverages Backend Technology to Fill Critical Gap in Digital Lending Workflow

TORRANCE, Calif. /ScoopCloud/ -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced the launch of its new LoanMagic mobile application. LoanMagic, which is provided free to all DocMagic customers, leverages a powerful backend platform that provides full interoperability with DocMagic solutions, as well as other third-party mortgage software.

"Bringing mobile functionality to borrowers and enabling lenders to connect with their customers is the end goal of most mobile applications in our industry-but at DocMagic, it is just the beginning," says Dominic Iannitti, president and CEO of DocMagic. "LoanMagic isn't an add-on. It's a fully interoperable technology that fills a critical gap in the digital mortgage process. It is just as powerful as any of our flagship and award-winning technology."

LoanMagic is an intelligent, intuitive mobile application that provides a quick, easy and transparent way for borrowers to stay fully engaged with their loans-and lenders-throughout the mortgage cycle. Its core functionality includes real-time loan status, document uploads, eSigning, integrated messaging, task management, push notifications and more. LoanMagic leverages DocMagic's eVault to ensure that every transaction is logged and securely stored, and it uses a "gamified" design that encourages borrower engagement by making the process of fulfilling conditions faster, easier and more entertaining for the borrower.

LoanMagic's primary differentiator is at its backend, which allows the mobile app to provide an unprecedented level of interoperability with numerous relevant technologies, ranging from DocMagic's solutions to point-of-sale systems (POS), loan origination systems (LOS), borrower-facing applications, closing solutions, various settlement services technology, document scanning, cloud storage tools and others.

"A truly digital mortgage offers a continuous, fluid experience for everyone. The lender should not be patching holes or bridging gaps," says Iannitti. "With LoanMagic, there's no data degradation, no delay, no added steps lenders need to take to make up for the use of a mobile application, like they may have experienced with other mobile applications in the past. LoanMagic feels and acts like an organic part of the technologies it supports. That's imperative for a truly digital mortgage experience."

LoanMagic eliminates many of the issues that have traditionally caused delays in the mortgage process. The result is greater transparency and visibility, lower cost to produce loans, assurance of compliance and elimination of surprise issues that create delays at the closing table. DocMagic provides LoanMagic at no additional cost to its customers as part of its mission to increase digital mortgage adoption, broaden collaboration among the numerous disparate entities involved in a mortgage, and advance interoperability between systems across the supply chain.

Learn more about LoanMagic or see a demo by contacting sales@docmagic.com or visiting http://www.docmagic.com/loanmagic. In addition, DocMagic will offer demonstrations of LoanMagic in booth 407 at the MBA Annual Convention & Expo in Austin, Texas from Oct. 27 - 29.

About DocMagic:

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

Twitter: @DocMagic #LoanMagic #DigitalMortgage #DigitalLendingWorkflow #MBAAnnualConvention

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

IMAGE LINKS FOR MEDIA:
[1] https://www.Send2Press.com/300dpi/19-1017s2p-LoanMagic-Mobile-300dpi.jpg
[2] https://www.Send2Press.com/300dpi/19-1017s2p-DocMagic-logo-300dpi.jpg

DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced the launch of its new LoanMagic mobile application. LoanMagic, which is provided free to all DocMagic customers, leverages a powerful backend platform that provides full interoperability with DocMagic solutions, as well as other third-party mortgage software.

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

FormFree’s Brent Chandler, Faith Schwartz Lend Their Expertise to Prominent Mortgage Industry Events

ATHENS, Ga. /ScoopCloud/ -- FormFree(R) today announced that company board member Faith Schwartz and Founder and CEO Brent Chandler have been invited to share their subject matter expertise at prominent upcoming mortgage industry events. Schwartz and Chandler will participate on panels at the Mortgage Bankers Association's (MBA) Annual Convention and Expo and NEXT Mortgage Events' #NEXTDC19 conference, respectively.

The MBA Annual Convention and Expo takes place October 27-30, 2019, at the Austin Convention Center in Austin, Texas.

Schwartz will participate in the Innovation and Tech breakout session "Perfect Harmony: Protecting Personal Information" on Tuesday, October 29, from 3 - 4 p.m., where she will discuss how lenders can best protect borrowers' sensitive financial information with co-panelists Louann Bernstone, managing director and head of vendor management at Promontory Fulfillment Service; Nicole Booth, vice president of public policy at Quicken Loans; and Courtenay R. Dunn, counsel at MERSCORP.

#NEXTDC19 takes place November 18-19, 2019, at the Kimpton Hotel Monaco in Washington, D.C.

Chandler will participate in the panel "Digital Impact: Drivers and expectations fueling (and stalling) mortgage's digital transformation" on Tuesday, November 19, from 2 - 3 p.m. Cindy Keith, director of product development at Fannie Mae, will moderate a discussion of digital mortgage transformation and its impact on various sectors of the housing industry featuring panelists Julie Jones, senior vice president at Class Valuation and Shelley Leonard, executive vice president at Black Knight.

"Mortgage technology is in the midst of an exciting evolution, and it is crucial that we prioritize the experiences of the people involved in the lending process as we reorganize processes and develop technology," said Chandler. "I look forward to discussing how the housing economy can work together to promote a measurably more frictionless, secure and productive home lending process."

FormFree is a proud sponsor of #NEXTDC19. Organized by NEXT Mortgage Events, Housing Finance Strategies and Women in Housing Finance, #NEXTDC19 is the first women's executive summit to bring together Washington policy makers, fintech luminaries and mortgage lending executives for a dedicated, ongoing conversation on housing policy's impact on mortgage lenders and fintech providers.

Additionally, FormFree will exhibit at the MBA Annual Convention and Expo, where the company can be found at booth #621. With over 4,000 attendees, the show is the largest mortgage industry event of the year.

About FormFree(R)

FormFree(R) is a market-leading fintech company whose revolutionary products AccountChek(R) and Passport(tm) are changing the credit decisioning landscape and encouraging lenders nationwide to incorporate a more holistic view of each borrower's financial DNA. To date, thousands of U.S. lenders and brokers have ordered millions of FormFree's patented verification reports representing over a trillion dollars in loan verifications. FormFree delights borrowers and lenders with a paperless experience, reduces origination timelines by up to 20 days and offers automated analysis and standardized delivery to lenders and investors using a secure ReIssueKey(tm). A HousingWire TECH100(tm) company for four consecutive years, FormFree is based in Athens, Georgia.

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

Twitter: @RealFormFree @NEXTMtgEvents #NEXTDC19 #MBAAnnual19 #digitalmortgage

FormFree today announced that company board member Faith Schwartz and Founder and CEO Brent Chandler have been invited to share their subject matter expertise at prominent upcoming mortgage industry events. Schwartz and Chandler will participate on panels at the Mortgage Bankers Association's (MBA) Annual Convention and Expo and NEXT Mortgage Events' #NEXTDC19 conference, respectively.

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

MCT’s COO Phil Rasori Honored with HousingWire Tech Trendsetters Award

SAN DIEGO, Calif. /ScoopCloud/ -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that its COO, Phil Rasori, has been designated to HousingWire's inaugural Tech Trendsetters award list. Phil is credited with being instrumental in the architecture and launch of multiple innovative capital markets solutions.

The new HW program recognizes technology leaders driving innovation in the housing economy. The 50 chosen winners represent executive, product, and technology leaders who have played an integral role in bringing innovative solutions to market for housing industry clients at large, in particular over the past year.

HW acknowledged Phil's efforts in 2019 for launching one of the most important secondary marketing technology innovations in recent years. Phil spearheaded the development of TAM (Trade Auction Manager(TM)), a browser-based software module that enables a far more efficient bidding and trading process for TBA mortgage-backed securities (MBS) used by lenders to hedge their pipeline of open mortgage applications. TAM is increasing execution, liquidity, and transparency for lenders, while connecting them digitally with many of their broker-dealers for the first time.

"It is a great honor to be selected by HW as a recipient of their inaugural Tech Trendsetters award," stated Rasori. "MCT has launched many software solutions and supporting services to drive success for our lender clients. Winning this award underscores our latest innovations and reinforces our ongoing commitment to mortgage technology."

Also worth noting is Phil's creation and launch of BAM (Bid Auction Manager(TM)), a digital whole loan trading marketplace within MCT's cloud-based core secondary marketing platform, MCTlive! Since gaining widespread adoption by the investor community in 2018 (100% adoption - all investors now leverage BAM), the solution has saved lenders inordinate amounts of time, secured the entire process (which was previously handled via email communications), improved margins, and streamlined bid tape management and best execution loan sale analysis.

Most recently, Phil played a key role in developing a mobile app for MCTlive! that empowers secondary marketing managers to review reporting, manage loan pipelines, and conduct whole loan trading from the convenience of their mobile phone.

"Each year we honor the top technology companies in the housing industry, but this year we decided to do even more," HousingWire Associate Editor Kelsey Ramírez said. "This year, for the first time ever, we are looking at the people behind the technology. These experts are propelling the housing industry forward and reimagining the mortgage process."

"HousingWire has always recognized innovation and technological advancements in the housing industry, but none of those advancements happen without people leading the way," HousingWire Managing Editor Ben Lane said. "Technology doesn't simply create itself. People are the driving force behind those innovations. And it's in that spirit that we proudly honor the visionaries helping to push the housing industry into the future."

The full list of HW Tech Trendsetters can be found online and will also be profiled in the Oct./Nov. issue of HousingWire magazine. https://www.housingwire.com/articles/introducing-housingwires-2019-tech-trendsetters/.

About MCT:
Founded in 2001, Mortgage Capital Trading, Inc. (MCT) has grown from a boutique mortgage pipeline hedging firm into the industry's leading provider of fully-integrated capital markets services and technology. MCT offers an array of best-in-class services and software covering mortgage pipeline hedging, best execution loan sales, outsourced lock desk solutions, MSR portfolio valuations, business intelligence analytics, mark to market services, and an award-winning comprehensive capital markets software platform called MCTlive! MCT supports independent mortgage bankers, depositories, credit unions, warehouse lenders, and correspondent investors of all sizes.

Headquartered in San Diego, MCT also has California offices in Healdsburg and Los Angeles, as well as sites in Dallas and Philadelphia. MCT is well known for its team of capital markets experts and senior traders who continue to provide the boutique-style, hands-on engagement clients value. For more information, visit https://mct-trading.com/ or call (619) 543-5111.

About HousingWire:

HousingWire is the most influential source of news and information for the U.S. mortgage and housing markets. Built on a foundation of independent and original journalism, HousingWire reaches over 40,000 newsletter subscribers daily and over 4 million unique visitors each year. Our audience of mortgage, real estate, financial services and fintech professionals rely on us to Move Markets Forward. Visit www.HousingWire.com.

Twitter:
@mcttrading

Hashtags:
#PhilRasori #SecondaryMarketingSoftware #TradeAuctionManager #BidAuctionManager #TechTrendsetters

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

Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that its COO, Phil Rasori, has been designated to HousingWire's inaugural Tech Trendsetters award list. Phil is credited with being instrumental in the architecture and launch of multiple innovative capital markets solutions.

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

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Tag Archives: FinTech

LBA Ware Onboards Chris Gassel as Strategic Sales Specialist to Support Release of LimeGear Business Intelligence Platform

CardTapp and Top of Mind Offer Combined Solution Aimed at Improving Loan Officer Productivity and Lead Response Time

Top of Mind Elevates Jonas Kruckeberg to Executive Vice President of Strategic Partnerships and Industry Relationships

LBA Ware Releases 2019 LO Compensation Report

SimpleNexus attributes record 2019 growth to lender demand for integrated digital mortgage technology

OptifiNow Leverages ReverseVision API to Streamline Reverse Loan Origination at Open Mortgage

FormFree Generates Record Number of Combined Verification Reports in 2019

SimpleNexus Invests in Client Success with the Addition of Five Senior Leadership Positions

Top of Mind Expands Mortgage Compliance Solutions with CCPA Readiness Ahead of January 1 Deadline

SimpleNexus User Group (SNUG) 2020 Agenda Announced

LBA Ware Launches CompenSafe University to Help Lenders Achieve Their Compensation Plan Management Objectives

OpenClose CRO Vince Furey Wins 2019 HousingWire Vanguard Award

Commercial Insurtech Juniper Labs Announces Open Data Launch at Plug and Play Winter Summit

Black Knight Joins The Mortgage Collaborative’s Preferred Partner Network

ARMCO Reduces QC Turn Times with ACES’ New Parallel Workflow Capability

SimpleNexus Expands On-the-Go Credit Services with Integration of Instant Merge from CoreLogic

SimpleNexus Ranks 102 on Deloitte’s 2019 Technology Fast 500

Finance of America Mortgage LLC Transforms Incentive Compensation Process, Gains Insight, Flexibility and Efficiency with LBA Ware’s CompenSafe

LBA Ware Founder and CEO Scheduled to Speak at 2019 MBA Accounting and Financial Management Conference

DocMagic Leads eClosing Categories and Holds Highest Market Share in Document Generation in STRATMOR Group’s 2019 Study

FinTech Firm FormFree Sponsors PGA Tour Golfer Matt NeSmith

Matic named to InsurTech100 list of the world’s top insurance technology providers

FormFree adds paystubs to Passport all-in-one asset, employment and income verification service

Global DMS Officially Introduces EVO-Residential(tm) Valuation Technology Platform

IDS Adds Integrated 4506-T Income Verification Services from QuestSoft to Its Mortgage Document Preparation Platform

ARMCO Completes Fast Track 45-Day Implementation Delivering on Bay Equity’s QC Update Deadline

MCT Launches InvestorMatic™ Program to Elevate the Whole Loan Trading Experience Between Lenders and Investors

FormFree Teams Up with LexisNexis Risk Solutions to Revolutionize Digital Mortgage Loan Applications for Borrowers and Lenders

Industry Veteran Chris Olsen Joins OpenClose as Vice President of Sales Engineering

LBA Ware’s CompenSafe™ Enhances the Loan Originator Experience at Guaranteed Rate

SimpleNexus Integrates with Reggora, Enabling Loan Originators to View and Manage Appraisals on the Go

ReverseVision Unveils New Tech Strategy with Major Platform Updates and Brand Transformation at 2019 MBA Annual Conference

New DocMagic Mobile Application Leverages Backend Technology to Fill Critical Gap in Digital Lending Workflow

FormFree’s Brent Chandler, Faith Schwartz Lend Their Expertise to Prominent Mortgage Industry Events

MCT’s COO Phil Rasori Honored with HousingWire Tech Trendsetters Award