Tag Archives: FinTech

IDS Signs Preferred Partner Agreement with Mortgage Builder

SALT LAKE CITY, Utah /ScoopCloud/ -- Mortgage document preparation vendor International Document Services, Inc. (IDS), announced today it has signed a preferred partnership agreement with Mortgage Builder, a provider of award-winning mortgage loan origination and servicing software systems. As part of the agreement, IDS and Mortgage Builder have begun to develop a fresh integration between idsDoc and Mortgage Builder's LOS platform to ensure superior system-to-system connectivity and seamless data transfer using the MISMO Version 3.4 data standard.

"The integration between idsDoc and our clients' LOS platforms has always been of the utmost priority to IDS, and the renewed agreement with a premier LOS provider like Mortgage Builder reinforces this commitment," said IDS Vice President and General Manager Mark Mackey. "We welcome the opportunity to expand our relationship with Mortgage Builder and enhance the experience our mutual clients receive when using our respective systems in concert."

End-to-end lending solutions from Mortgage Builder manage the complete lending cycle - from loan origination through servicing - for mortgage lenders and banks. Mortgage Builder supports a diverse array of loan products through its comprehensive loan origination system and single-platform loan servicing technology with integrated default capabilities. Mortgage Builder solutions are available as hosted services and offer a wide array of outsourced services to ensure an optimal lending experience.

IDS's flagship document preparation platform idsDoc gives lenders the control to create initial disclosures and closing documents to fit their individual preferences and needs and includes numerous customizations, compliance audits and tools-including eSign capabilities and functionality to enable both hybrid and complete eClosings - to make the doc prep process more efficient.

With the enhanced interface in place, lenders will be able to achieve even greater efficiency while protecting the integrity of the origination process by generating all general loan documents using direct-source data from the Mortgage Builder platform. In addition, Mortgage Builder users will also be able to complete all relevant state- and investor-specific information using corresponding fields within idsDoc. The more than 1500 rules, warnings and edit checks available through this integration will also ensure all documents are as compliant as possible, while the embedded eSign functionality from IDS will enable efficient initial disclosure and closing processes.

"IDS's reputation for delivering compliant, highly customizable mortgage documents is second to none, which is why we are thrilled to have IDS as part of the Mortgage Builder ecosystem," Mortgage Builder General Manager Stephen Ryczek said. "As the document preparation vendor of choice for Mortgage Builder, we look forward to working with the IDS team to create a seamless, unified user experience for our mutual clients to increase the efficiency of the closing process."

About Mortgage Builder

Founded in 1999, Mortgage Builder(R) is headquartered in Southfield, Michigan and provides industry-leading loan origination software (LOS) to mortgage banks, community banks, credit unions, and other financial institutions for more than 15 years. Mortgage Builder has consistently been recognized as one of the industry's Top 50 Service Providers by Mortgage Technology Magazine and twice was named the winner of the magazine's Help Desk Award for outstanding customer service. Mortgage Professional America named Mortgage Builder employees to their "Elite Women in Mortgage" list in 2014 and 2015. Mortgage Builder is part of the Constellation Real Estate Group, which operates a diverse portfolio of leading technology brands in the real estate and mortgage industries. For more information, visit http://www.mortgagebuilder.com.

About IDS, Inc.

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

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Mortgage document preparation vendor International Document Services, Inc. (IDS), announced today it has signed a preferred partnership agreement with Mortgage Builder, a provider of award-winning mortgage loan origination and servicing software systems.

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

Polyient Labs Co-sponsoring Blockchain for Good Conference in San Francisco, Oct. 25-27

SAN FRANCISCO, Calif. /ScoopCloud/ -- Phoenix-based Polyient Labs, an early-stage, blockchain-startup incubator, is co-sponsoring Blockchain for Good, October 25 -27, 2019 in San Francisco. The three-day event gives community-minded founders and organizers an overview of blockchain technology as well as insights into how the technology can be harnessed to help nonprofits hit their social-impact goals.

The agenda includes keynote speakers and workshops where participants can pitch ideas, build teams and get real-world feedback from industry experts on their proposed solutions.

Best of all, the top-three top pitches will be awarded prizes - including exclusive coaching sessions with Polyient mentors.

For Polyient CEO, Brad Robertson, connecting purpose-driven initiatives to blockchain technology is a natural fit. He knows firsthand that launching and managing a successful nonprofit is a never-ending challenge.

"Blockchain is being deployed across a spectrum of industries, but the nonprofit sector is one area where the technology can really add value," says Robertson. "Most nonprofits operate on shoestring budgets and are fueled by blood, sweat and tears. Every day, they fight to get discovered, improve internal efficiencies, provide transparency and earn recognition. Blockchain can help deliver on all four fronts."

But, Robertson adds, non-technical NPO executives will also benefit from participating in Blockchain for Good. Sign up for the event here - http://communities.techstars.com/usa/san-francisco/startup-weekend/15241

Learn how Polyient Labs supports blockchain innovation here - https://www.polyient.io

About Polyient Labs:

Polyient Labs is an early-stage business incubator helping entrepreneurs fast-track blockchain innovation by providing capital infusion, insight, guidance, direction and talent to power blockchain-based solutions. Read more about Polyient at: https://www.polyient.io

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Media Only Contact:
Jeff Hinkle
844.759.4368
press@polient.io

Phoenix-based Polyient Labs, an early-stage, blockchain-startup incubator, is co-sponsoring Blockchain for Good, October 25 -27, 2019 in San Francisco. The agenda includes keynote speakers and workshops where participants can pitch ideas.

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

Why Low Balance Letters Are Not Working for Automotive Lenders

MIAMI, Fla. /ScoopCloud/ -- South Florida-based AI Fintech company Aclaro, whose mission is to deliver data transparency and personalized insights to its auto lending clients, has developed an innovative, technologically advanced method of increasing borrower retention rates. Instead of sending out thousands of low balance letters with the hope that customers will open these letters and follow up with the lender, Aclaro has made the process much simpler and easier.

Ultimately, with Aclaro, auto lenders can forego the low balance letter and leverage Aclaro's innovative software to increase their retention rates.

Inefficiencies in the Auto Lending Space

The auto lending industry-like many other industries-contains certain business practices that are strictly followed even though they aren't the most efficient or most profitable practices. Inertia takes over. The legendary Rear Admiral Grace Murray Hopper, a pioneer of computer programming used to say that the most dangerous phrase in the language is, "We've always done it this way."

One commonly-held practice in the auto lending industry can be seen by the vast number of subprime lenders who send these so-called low balance letters at the end of the loan term. These letters invite borrowers to either extend their loans or purchase a new vehicle. Although it may appear to require less work, sending these notices through the mail is an inefficient and ineffective way to generate more business or build closer relationships with borrowers.

These low balance letters are intended to address customer retention, which is a mission-critical task in auto lending. The general principle holds that it is much cheaper to obtain business from a current customer than generate business from a new customer. In fact, a rule of thumb is that it costs five times as much to attract a new customer than keep an existing one.

While sending letters to borrowers at the end of the loan term is a step in the right direction, but it is an archaic and inefficient way of finding repeat business. This marketing strategy might appear cheap since the only up-front costs are postage and printing costs. However, this cheap strategy often leads to unsatisfactory and costly results.

An auto lender's follow-up letter is essentially fighting and often lost within every other piece of mail in a borrower's mailbox. More so, even if the borrower opens the letter, lenders have no way of knowing whether the borrower immediately tossed the letter out or took some time to contemplate a call to that financial institution.

Also, lenders are sending the same generic notice or follow-up to each of their borrowers. While this may seem more efficient on a larger scale, not every borrower is the same. They have their own needs and wants, and by sending them a mass mailer, lenders are foregoing a chance to treat each borrower as an individual.

Using Aclaro To Increase Borrower Retention

"We are living in a world where the use of digital technologies is almost a prerequisite for business success. And while the auto lending industry does use technology for things like evaluating the risk within their portfolios, lenders are missing out on massive opportunities to use these technologies to increase customer retention," said Carlos Galarce, CEO of Aclaro.

This is where Aclaro comes in. The company noticed these inefficiencies in the auto lending market and developed a platform to correct them by offering the first and only machine learning system for subprime lenders.

As part of this system, Aclaro predicts risk and helps lenders complete the loan lead life cycle to help increase their customer retention rate. From Aclaro's Nexus Score to the new Aclaro AutoMarket, their many tools have been built to help subprime lenders consistently generate business from their current customers. Instead of sending out a mass mailer and hoping for positive responses, auto lenders can use the alternative data developed by Aclaro to present compelling, personalized offers to current borrowers. This intense customization undoubtedly increases the odds of making further sales to those current borrowers. In addition, lenders who utilize Aclaro's ES software can offer lower rates to those borrowers who qualify via a machine-predicted low propensity of default-even though this lower risk is not indicated in the traditional credit score.

Moving Beyond Letters

"To put it simply, the customer retention rate is an important key performance indicator (KPI) in the auto loan market, yet it is often overlooked and undervalued," said Galarce. "While a lender may think that letters are the best way to generate new business from current borrowers, letters are archaic and inefficient."

Instead, there is a better way. Auto lenders who apply the tools offered by Aclaro can leverage cutting-edge technology that is designed to address this specific task. In the end, lenders using Aclaro are in a much better position to increase their number of returning borrowers.

To learn more about Aclaro, visit https://aclaro.io/ or click here: http://aclaro-4642182.hs-sites.com/aclaro-es/automotive-finance

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South Florida-based AI Fintech company Aclaro, whose mission is to deliver data transparency and personalized insights to its auto lending clients, has developed an innovative, technologically advanced method of increasing borrower retention rates. Instead of sending out thousands of low balance letters with the hope that customers will open these letters and follow up with the lender, Aclaro has made the process much simpler and easier.

Related link: https://aclaro.io/

ARMCO’s Sharon Reichhardt Wins HW Tech Trendsetters Award

POMPANO BEACH, Fla. /ScoopCloud/ -- ACES Risk Management (ARMCO), the leading provider of enterprise financial risk management solutions, today announced that Sharon Reichhardt, the company's vice president of client success, has been named a winner of HousingWire's inaugural Tech Trendsetters award.

The HW Tech Trendsetters 2019 recognizes the 50 most impactful and innovative technology leaders serving the housing economy. Similar to the HousingWire Tech100 award, which honors the 100 most innovative companies in mortgage and real estate tech, Tech Trendsetters recognize the people that drive innovation for their mortgage and real estate clients. The HW Tech Trendsetters award is selected based on a candidate's professional success over the past 12 months.

Reichhardt's contributions to ARMCO's growth and high client satisfaction are many. She created the company's client-focused policies to extend far beyond the sale and into a unique hands-on partnership with each client to ensure success. Reichhardt also conceptualized the company's Fraud Case Manager, a first of its kind technology ARMCO launched in 2018, to help clients manage fraud investigations in one central, secure system.

"It's such an honor to be selected by an organization as respected as HousingWire, and to be listed among such accomplished professionals," said Reichhardt. "It's confirmation that the industry understands the importance of high-touch, high quality customer experience in moving technology forward. And that's exactly what we do here at ARMCO."

About ARMCO

Over half of the top 20 mortgage lenders in the U.S. choose ARMCO as their provider for transaction 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 management solutions, today announced that Sharon Reichhardt, the company's vice president of client success, has been named a winner of HousingWire's inaugural Tech Trendsetters award.

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

Capsilon Wins #NEXTSUMMER19’s Best in Show Award

EDMOND, Okla. /ScoopCloud/ -- NEXT Mortgage Events LLC, creator of events for women mortgage executives, has announced that Capsilon, a provider of mortgage automation software, has been voted Best in Show for its presentation of Capsilon Digital Underwriter at the technology showcase at #NEXTSUMMER19, the women's executive mortgage summit that took place on Aug. 18-19, 2019.

The Best in Show award is granted to the technology provider that presented the most compelling solution during the technology showcase at #NEXTSUMMER19, as determined by attendee and industry-wide vote. Five technology providers participated in the #NEXTSUMMER19 technology showcase, which was hosted by seasoned technology buyer Suzy Lindblom, chief operating officer of Planet Home Lending.

Capsilon Digital Underwriter is the industry's first comprehensive suite of fully integrated cloud-based digital mortgage applications focused on automating the underwriting process. Capsilon executives Ginger Wilcox, SVP of marketing, and Eric Kujala, director, industry relations and partnerships, presented Capsilon Digital Underwriter in the technology showcase.

"More than half of our attendees are mortgage tech buyers and many attend NEXT to discover new technology," said Jeri Yoshida, co-founder of NEXT. "Capsilon generated a lot of buzz at NEXTSUMMER19. Several speakers even mentioned the technology during their sessions. We congratulate Capsilon and applaud all of the presenters in the tech showcase."

Nearly 200 women executives attended #NEXTSUMMER19 at The Gwen Hotel in Chicago.

All of the #NEXTSUMMER19 technology showcase presentations are available for viewing at https://nextmortgagenews.com/news/nextsummer19-tech-showcase-videos/.

Companies interested in participating in an upcoming NEXT technology showcase may apply to demo at https://nextmortgagenews.com/news/apply-to-demo/.

About NEXT Mortgage Events LLC

In January 2018, NEXT Mortgage Events broke the mortgage industry's unspoken barriers that limit women's access to competitive intel and networking-based information exchange, when it introduced NEXT, the executive mortgage summit for women. NEXT is a two-day, tech-focused symposium based on lenders sharing competitive intel with other lending executives. A boutique gathering, each NEXT event is limited to 165 attendees, and targets a select group of decision making executives. Approximately 85-90% of lender attendees hold a title of VP or higher and roughly 85% of attendees are women. NEXT is held twice a year, in winter and summer.

For more information visit http://www.nextmortgageconference.om/, follow @NEXTmtgEvents or email info@NEXTmortgageEvents.com.

NEXT Mortgage Events LLC, creator of events for women mortgage executives, has announced that Capsilon, a provider of mortgage automation software, has been voted Best in Show for its presentation of Capsilon Digital Underwriter at the technology showcase at #NEXTSUMMER19, the women's executive mortgage summit that took place on Aug. 18-19, 2019.

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

ARMCO Names Trevor Gauthier Chief Executive Officer

POMPANO BEACH, Fla. /ScoopCloud/ -- ACES Risk Management (ARMCO), the leading provider of enterprise financial risk management solutions, today announced that Trevor Gauthier has been appointed as CEO and board member of ARMCO. Avi Naider, who led ARMCO for the past 10 years as CEO, will transition to the board of directors.

Gauthier was identified by New Capital Partners (NCP), the private equity firm that acquired ARMCO in July 2019. He will lead the development and execution of ARMCO's short, mid, and long-term vision, which will focus on customer satisfaction, expansion, and employee growth.

Gauthier brings 20 years of executive experience in enterprise SaaS technology solutions, and has a proven track record of leading companies to achieve exponential growth both organically and through acquisition. Most recently, he was president and chief operating officer at loan origination and enterprise mortgage technology provider Mortgage Cadence, an Accenture company. During his 14-year tenure with the company, which covered a period of time that included the financial crisis and the increased compliance and regulatory pressures that followed, Mortgage Cadence grew from a near start up to one of the top providers in its segment, and achieved significant expansion in its number of employees, revenue, profitably and sales volume.

"I've admired the vision New Capital Partners brings to the fintech space and all of the organizations that are part of its portfolio and I'm excited about the opportunities created by ARMCO's strength and momentum," said Gauthier. "I applaud Avi for all he has accomplished for the company. I'm looking forward to collaborating with our customers and working with the ARMCO team to increase customer satisfaction and expand our risk management and loan quality footprint in the marketplace."

"Trevor has a proven track record leading fintech companies that provide high quality enterprise solutions," said Naider. "He's a great choice to guide the company into its next phase of growth, and we're looking forward to the advances ARMCO will make under his direction."

About ARMCO

Over half of the top 20 mortgage lenders in the U.S. choose ARMCO as their provider for transaction 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.

About New Capital Partners

New Capital Partners (NCP) is a private equity firm comprised of former operators headquartered in Birmingham, Ala. NCP makes investments in niche technology and services companies in the healthcare, financial and business services industries. Leveraging its extensive operational experience, the NCP team helps create significant value in portfolio companies by cultivating true partnerships with management teams and focusing on one core goal: Building Great Companies. For more information, please visit http://www.newcapitalpartners.com/.

ACES Risk Management (ARMCO), the leading provider of enterprise financial risk management solutions, today announced that Trevor Gauthier has been appointed as CEO and board member of ARMCO. Avi Naider, who led ARMCO for the past 10 years as CEO, will transition to the board of directors.

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

Mark Ladd Named 2019 PRIA Carl R. Ernst Founders Award Winner

PROVO, Utah /ScoopCloud/ -- Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents and counties, today announced that its Vice President of Regulatory and Legal Affairs Mark Ladd was named the 2019 Carl R. Ernst Founders Award winner by Property Records Industry Association (PRIA).

Ladd is the sixth recipient of the Founders Award, which was established by PRIA in 2005, to recognize proven, unique leadership and achievement in resolving issues in the property records industry. The award was presented during a ceremony at the PRIA 2019 Annual Conference, which was held August 26-29 in Colorado Springs.

"Having been a Register of Deeds early on in my career, I am all too aware of the challenges facing the property records industry and, as such, have been deeply committed to helping the industry address these challenges through technology," Ladd said. "I'm truly honored to have been honored by my peers for these efforts and proudly join the ranks of the select few that have received the Founders Award."

Given his work with PRIA, the American Land Title Association (ALTA) and the Mortgage Bankers Association (MBA) via MISMO, there are very few, if any, aspects of the real estate industry that haven't benefited from Ladd's efforts and leadership over the course of his more than 20 years of experience. Before joining Simplifile in 2011 as Director of Channel Sales, Ladd acted as a consultant for the PRIA on its Technology Committee. As part of his role with PRIA, he also worked as the vice-chair of the Residential Governance Committee for the Mortgage Industry Standards Maintenance Organization (MISMO).

In 2014, Ladd was elected as the president of PRIA and in 2015, he received the Certified MISMO(R) Standards Professional Designation, the only MISMO certification program available for individuals within the mortgage industry. As the immediate past-president, Ladd continues to serve as an ex-officio member PRIA's Board of Directors and is also involved in the Uniform Law Commission's Revised Uniform Law on Notarial Acts (RULONA) Enactment Committee.

"Mark Ladd has been a tremendous asset not just to Simplifile, but to the entire real estate ecosystem. He is a tireless advocate for efficiency and innovation in real estate from both an operational and a regulatory standpoint, and his commitment to serving this industry is second to none," Simplifile President Paul Clifford said. "Simplifile is honored to count the latest PRIA Founders Award recipient as one of our own, and we wholeheartedly congratulate Mark on this well-deserved honor."

To view the complete list of Founders Award winners, visit https://www.pria.us/i4a/pages/index.cfm?pageID=3357.

About Simplifile:

Simplifile, the nation's largest e-recording network, was founded in 2000 to connect settlement agents and county recorders via its e-recording service. Today Simplifile has broadened its services to include collaboration tools and post-closing visibility for mortgage lenders and settlement agents working together on real estate documents. Through Simplifile, users can securely record, share and track documents, data and fees with ease.

To learn more, visit https://simplifile.com/ or call 800.460.5657.

*PHOTO links for media:
[1] https://www.Send2Press.com/300dpi/19-0923s2p-ladd-and-kelley-300dpi.jpg
CAPTION: Liz Kelly, director of the research department at Ernst Publishing Co. (R), poses with 2019 Carl R. Ernst Founders Award winner Mark Ladd (L) after the presentation ceremony on Wednesday, August 28, 2019 at PRIA's 2019 Annual Conference in Colorado Springs. (Photo courtesy of PRIA).

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CAPTION: 2019 Carl R. Ernst Founders Award winner Mark Ladd.

Twitter: @Simplifile @PRIAUS @ErnstInfo

Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents and counties, today announced that its Vice President of Regulatory and Legal Affairs Mark Ladd was named the 2019 Carl R. Ernst Founders Award winner by Property Records Industry Association (PRIA).

Related link: https://simplifile.com/

LBA Ware to Debut LimeGear Live from the Digital Mortgage Conference Main Stage

MACON, Ga. /ScoopCloud/ -- LBA Ware(TM), a leading provider of incentive compensation management (ICM) and performance management software and solutions for the mortgage industry, will debut LimeGear, a turnkey business intelligence (BI) platform at Source Media's Digital Mortgage Conference on Tuesday, September 24, live from the event's main stage during demo session #4, which begins at 8:55 a.m. LimeGear is designed to help mortgage lenders leverage their data in a more consistent, insightful, and actionable way.

Utilizing LBA Ware's proprietary data integration solution, LimeGear will help improve visibility and collaboration between corporate executives, branch managers, loan originators, and operations teams. The modular-based platform provides out-of-the-box dashboards and reports to improve the productivity and efficiency of the entire lending organization.

With LimeGear:
* Loan originators can build stronger relationships with referral sources and track which lead sources provide the most return on investment. Sales teams also gain a workable pipeline, with alerts and notifications configurable to user preferences, helping them stay out of the dark and close loans faster.
* Branch and area managers can zero in on profitability and identify bottlenecks with enhanced reporting that drills-down into the loan- and employee-level details. Configurable key performance indicators and balanced scorecards make it easier for management to incentivize performance.
* Leadership can define strategic goals, best practices and expectations then track attainment to easily identify who is doing what and how well.

LBA Ware's incentive compensation management platform CompenSafe(TM) is also integrated with LimeGear, providing lenders advanced reporting and analytics into their largest expense, loan commissions.

"LimeGear was engineered and designed specifically for the producers and managers who are closest to the action and strapped for real-time information on their loans and employee performance," said LBA Ware Founder and CEO Lori Brewer. "Solving the vexing challenges that have lingered in the mortgage industry, wasting lenders' time for years, is not rocket science - but it requires listening to hundreds of lender requests, which is what we have done while building CompenSafe over the last decade."

"We built LimeGear to be an off-the-shelf, low maintenance platform that can be rolled out across the organization without expensive user license fees. This makes us very different in the BI space," added Brewer.

LBA Ware is a demo sponsor of the fifth annual Digital Mortgage Conference and is exhibiting at kiosk K511. For more information about LimeGear, visit https://lbaware.com/limegear.

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

Twitter: @LBAWare @NatMortgageNews #DigitalMortgage19

LBA Ware, a leading provider of incentive compensation management (ICM) and performance management software and solutions for the mortgage industry, will debut LimeGear, a turnkey business intelligence (BI) platform at Source Media's Digital Mortgage Conference on Tuesday, September 24, live from the event's main stage during demo session #4, which begins at 8:55 a.m.

Related link: https://lbaware.com/

SimpleNexus Debuts Mortgage Disclosures Auto-Fulfillment Service at Digital Mortgage Conference

LEHI, Utah /ScoopCloud/ -- SimpleNexus (https://simplenexus.com/), developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, debuted its integrated auto-fulfillment service for mortgage disclosures at Source Media's Digital Mortgage conference in Las Vegas.

The auto-fulfillment service is the latest enhancement to SimpleNexus' integrated disclosures solution, which enables mortgage loan originators (LO) and applicants to securely share, review and sign mortgage disclosures and other loan documents online or in a lender's SimpleNexus mobile app without logging into multiple portals.

Loan applicants who have consented to receive loan documents electronically ("eConsent") receive instant push notifications when it's time to review or sign disclosures. They can eSign most disclosures - including custom documents created by lenders - directly from the SimpleNexus mobile app or online. If a document needs to be wet-signed, SimpleNexus makes it easy to print, sign and upload the completed document in seconds.

In the event that a loan applicant does not eConsent, SimpleNexus will mail disclosures packages in accordance with regulatory deadlines, complete with a cover letter and table of contents to help borrowers navigate the documents. Alternatively, mortgage lenders that have their own fulfillment desk can download all of the loan's disclosure documents as a single file for easy printing and mailing.

"With SimpleNexus, borrowers can use any device and access disclosures in one place - the familiar place they've been going throughout the homebuying process," said SimpleNexus COO Ben Miller.

"We've developed our disclosures solution with lender input to eliminate more than a dozen pain points that occur in other solutions," continued Miller. "For instance, we streamline the login process by auto-filling the correct email address associated with the borrower's eConsent, and our system is smart enough to know that minor changes like the addition of a middle initial on a loan document shouldn't require applicants to eConsent again. These are just a few examples of small optimizations that add up to a better borrower experience, massive time savings and stronger pull-through."

The SimpleNexus disclosures solution fully integrates with the loan origination system disclosure tracking system, making it easy to track loan packages and create an audit report for investors. For more information, visit https://simplenexus.com/sn/disclosures/.

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 #disclosures #TRID

SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, debuted its integrated auto-fulfillment service for mortgage disclosures at Source Media's Digital Mortgage conference in Las Vegas.

Related link: https://simplenexus.com/

Digital Mortgage Platform Maxwell Announces Strategic Partnership and Bi-directional Integration with Integra’s EPIC Loan Origination System

DENVER, Colo. /ScoopCloud/ -- Digital mortgage platform provider Maxwell announced their strategic partnership with Integra to offer seamless, bi-directional integration with Integra's EPIC Loan Origination System.

Maxwell is announced as the preferred partner for Integra, and this blossoming partnership is tightly focused on providing an innovative Digital Mortgage Platform-LOS integration with features not previously seen in any other integration in the industry.

"As we collaborated with Maxwell to build this integration, we were committed to creating an integration that surpassed others of its kind in both quality and functionality," said Mike Picker, VP of Sales at Integra. "Our partnership with Maxwell is a game-changer for the countless lenders who use Integra every day to make their borrowers' dreams of homeownership a reality."

The bi-directional integration between Maxwell and Integra enables lenders to send loan applications, synchronize borrower documents and trigger status notifications to borrowers and real estate agents without ever leaving Maxwell.

"We saw a prescient need in the industry for an intuitive, bi-directional POS integration with Integra's LOS and we're thrilled to partner with them to bring this vital integration to market," said Lindsay Hunt, Head of Product at Maxwell. "We've worked tirelessly to build a strong partnership so we can provide something efficient and beautiful to fill that void and empower lenders that rely on Integra to streamline their process and focus on the relationships at the core of the mortgage experience."

Recently named a winner of HW's Tech 100 for the third straight year, on the heels of receiving Progress in Lending's Innovation Award, Maxwell leverages proprietary algorithms built on its network of data providers across loans to enable lenders to accelerate the mortgage lending process from application to underwriting. This allows loan officers to focus on the human relationship at the center of the mortgage journey. Today, hundreds of lenders across the United States use Maxwell to originate nearly $2 billion in mortgage loans each month at a closing rate 45 percent faster than the national average.

About Maxwell:
Maxwell empowers mortgage lenders to be more connected, productive and successful by intelligently automating their workflow with homebuyers and real estate agents. The platform is used by hundreds of mortgage lenders, banks and credit unions nationwide to serve their customers. Founded in 2015, Maxwell is a member of the Mortgage Bankers Association and is proud to be built in Denver, Colorado.

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

About Integra:
Established in 1996 and headquartered in Franklin, Tennessee, INTEGRA Software offers a powerful, web-based loan origination solution, EPIC, to address challenges within Mortgage Lending for retail, wholesale and correspondent lenders. EPIC spans point-of-sale to post-closing and secondary market for lenders interested in efficiencies gained by automating every step of the mortgage loan workflow. For more information about INTEGRA Software Contact: (877) 253-7779, sales@integra-online.com or by visiting https://integraloantech.com/.

Digital mortgage platform provider Maxwell announced their strategic partnership with Integra to offer seamless, bi-directional integration with Integra's EPIC Loan Origination System.

Related link: https://himaxwell.com/

New MCTlive! Mobile App Puts Secondary Marketing at Lenders’ Fingertips

SAN DIEGO, Calif. /ScoopCloud/ -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, debuted a new MCTlive! mobile application at its MCT Exchange client conference last Friday. The app enables secondary marketing managers to review reporting, manage loan pipelines, and conduct whole loan trading from the convenience of their mobile phone.

The mobile application provides a new access point to MCT's cloud-based capital markets software platform, MCTlive!, and is now available in the Apple App Store.

The MCTlive! mobile app allows users the flexibility to manage essential secondary marketing activities on-the-go. Users can check pipeline coverage, send bid tapes for pricing, conduct best execution analysis, commit loans to investors or agencies, review reporting, and much more.

"Where some providers claim to put secondary marketing in the hands of their customers, MCT literally puts it in their hand," said Phil Rasori, COO of MCT. "The MCTlive! mobile app is the first in a series of new innovations allowing users to do their jobs on-the-go. In an industry marked by consistent change, you need technology that allows you to change with it. That's why we've launched a native iPhone app: because market changes don't wait for you to get to the office."

The new mobile app received a warm welcome at MCT Exchange, where over three hundred lenders and partners reacted to its video debut with applause and a buzz of anticipation.

"I'm excited about managing secondary marketing with the MCTlive! mobile app," shared Andrew Stringer, Director of Capital Markets at First Bank. "As a busy professional and a new dad, the ability to react quickly to market changes whether I'm at a branch, a conference, or a coffee shop is a huge game changer."

The mobile app is the latest in a series of innovations designed to improve the efficiency and profitability of secondary marketing for lenders. Other recent innovations include Trade Auction Manager (TAM) and Bid Auction Manager (BAM), which were designed to automate TBA trading and whole loan trading, respectively.

Those interested in learning more about the MCTlive! mobile application features, benefits, or how to begin using the application, are encouraged to contact MCT for more information.

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.

Twitter: @mcttrading

Hashtags: #MortgageHedgeAdvisory #SecondaryMarketingSoftware #MCTlive! #MCTlive!Mobile

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, debuted a new MCTlive! mobile application at its MCT Exchange client conference last Friday. The app enables secondary marketing managers to review reporting, manage loan pipelines, and conduct whole loan trading from the convenience of their mobile phone.

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

Elizabeth Karwowski, CEO, Get Credit Healthy, Selected Woman With Vision Award Winner

SUNRISE, Fla. /ScoopCloud/ -- Fin-tech company, Get Credit Healthy, Inc., (a subsidiary of Beta Music Group Inc. OTC PINK: BEMG) announces CEO Elizabeth Karwowski, has been selected as a winner of the Women With Vision Award, to be presented live, during the Vision Summit on September 25 in Tampa, Florida.

Sponsored by 20/20 Vision for Success Coaching and Mortgage Women Magazine, the award recognizes women in the mortgage industry who have helped others by sharing their vision and displaying professional and personal development that is inspiring, as well as leading the way amongst peers and colleagues.

Karwowski has been at the helm of Get Credit Healthy, a technology company that has developed a platform and cultivated a network of non-profit partners, with the goal of transforming unqualified applicants into creditworthy borrowers. Through Karwowski's leadership since 2009, the company has evolved from a credit education and remediation business into an innovative fin-tech enterprise that helps lenders access a previously untapped market. Get Credit Healthy has recently gained traction and industry recognition while maintaining its mission to leave no lead behind and simultaneously help consumers achieve financial success.

Karwowski joins an elite group of 50 women who will be honored at the summit.

About Get Credit Healthy:

Get Credit Healthy (https://getcredithealthy.com/about/) utilizes its proprietary processes, platform, and software to integrate with lenders to make it easier to recapture leads. Developed for and by those with extensive mortgage industry experience, Get Credit Healthy's platform has facilitated millions of dollars in new loan opportunity. It is working to increase its network of partners and is looking forward to a very promising future.

For information on its parent company, please visit https://betamusicgroup.net/.

Additional financial information can be found at https://www.otcmarkets.com/stock/BEMG/profile.

Safe Harbor Statement:

This press release contains projections and other forward-looking statements regarding future events or our future financial performance. All statements other than present and historical facts and conditions contained in this release, including any statements regarding our future results of operations and financial positions, business strategy, plans and our objectives for future operations, are forward-looking statements (within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended). These statements are only predictions and reflect our current beliefs and expectations with respect to future events and are based on assumptions and subject to risk and uncertainties and subject to change at any time. We operate in a very competitive and rapidly changing environment. New risks emerge from time to time. Given these risks and uncertainties, you should not place undue reliance on these forward-looking statements. Actual events or results may differ materially from those contained in the projections or forward-looking statements. Forward-looking statements in this release are made pursuant to the safe harbor provisions contained in the Private Securities Litigation Reform Act of 1995.

Tickers: OTC Pink:BEMG / OTC:BEMG / OTCMKTS:BEMG / OP: BEMG

*PHOTO link for media: Send2Press.com/300dpi/19-0918s2p-Elizabeth-Karwowski-300dpi.jpg

Fintech company, Get Credit Healthy, Inc., (a subsidiary of Beta Music Group Inc. OTC PINK: BEMG) announces CEO Elizabeth Karwowski, has been selected as a winner of the Women With Vision Award, to be presented live, during the Vision Summit on September 25 in Tampa, Florida.

Related link: https://getcredithealthy.com/

FormFree’s Brent Chandler to Discuss the Transformative Impact of APIs on Mortgage Lending Technology as Digital Mortgage Conference Panelist

ATHENS, Ga. /ScoopCloud/ -- FormFree(R) today announced that company Founder and CEO Brent Chandler will be a featured panelist at Source Media's fourth annual Digital Mortgage Conference, which will take place September 23-24, 2019, at the Wynn Las Vegas.

Chandler will participate in the panel "Mortgage APIs 2.0: Where Will True API Innovation Come From?" on Monday, September 23, from 4:20-4:55 p.m. During the session, Craig Focardi, senior analyst, banking at Celent will moderate co-panelists Christos Bettios, chief information officer at NFM Lending and Chandler as they discuss the current table stakes of API usage and how the increased utilization of APIs will change mortgage lending automation.

"Future digital mortgage technology will support the unimpinged flow of data between multiple systems, allowing lenders to better customize and control the lending experience for borrowers," said Chandler. "I believe that increased adoption of APIs will radically transform our ability to execute on expedient, secure and well-informed mortgage decisioning."

Additionally, FormFree will provide attendees the opportunity to speak with company representatives about its Passport(R) all-in-one verification service at exhibitor kiosk 201 and schedule individual consultations in meeting pod 603.

Source Media's fourth annual Digital Mortgage Conference will feature content from thought leaders in the mortgage industry, 35 live product demonstrations showcasing today's most innovative digital solutions and countless opportunities to meet decision makers across the mortgage ecosystem. Source Media anticipates attendance to exceed 1,700 professionals from the lending, fintech and startup communities.

About FormFree:

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

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

Twitter: @RealFormFree @NatMortgageNews #DigitalMortgage19 #digitalmortgage

FormFree today announced that company Founder and CEO Brent Chandler will be a featured panelist at Source Media's fourth annual Digital Mortgage Conference, which will take place September 23-24, 2019, at the Wynn Las Vegas.

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

Mid America Mortgage Selects ReverseVision as Technology Partner to Debut HECM and Reverse Products

SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced that Mid America Mortgage, Inc. (Mid America) has selected its flagship reverse loan origination system (LOS), ReverseVision Exchange (RVX) to support the introduction of HECM and private reverse mortgage products.

Instead of developing a proprietary reverse origination solution in-house, as Mid America has done with its forward LOS, the multi-state lender chose to partner with ReverseVision because they are the industry's foremost experts on reverse mortgage execution and technology development. Utilized by each of the top-ten producing HECM and reverse lenders, RVX's end-to-end reverse origination platform connects all participants across the reverse mortgage lifecycle, allowing them to exchange information throughout the loan process.

"Mid America has always sought opportunities to establish itself in underserved areas of the market, and reverse mortgages are a prime example," said Mid America Owner and Chief Executive Officer Jeff Bode. "Adding reverse mortgages to our existing product mix allows us to better cater to the unique financial needs of senior borrowers and foster customer retention by offering financial products relevant to borrowers at every stage in life. Given ReverseVision's reputation in the reverse mortgage space, we knew the firm was the only partner we could trust to power our reverse division."

To foster an informed borrower experience and strengthen customer relationships, Mid America has appointed HECM lending specialists to guide seniors through the HECM lending process, led by Mid America's newly appointed Director of HECM Lending Dan Barksdale.

"Having successfully originated HECMs and reverse mortgages for nearly a decade, I've witnessed not only the evolution of the reverse mortgage, but also the positive impact it has had on the lives of the seniors that have taken advantage of this product," Barksdale said. "When Mid America offered me the opportunity to launch its reverse mortgage program, I leapt at the opportunity to do so, and I look forward to leveraging the industry-leading digital mortgage platform Mid America has built - including RVX - to deliver this unique financial product to Mid America's senior-age borrowers."

"ReverseVision is excited to partner with Mid America as it strives to more fully meet the financial and retirement goals of its senior borrowers," said ReverseVision Vice President of Sales and Marketing Wendy Peel. "Mid America's entry into the reverse mortgage space provides lenders with an example of how a large, well-established lender can successfully integrate HECM and reverse lines into their existing business model."

About Mid America Mortgage, Inc.
Mid America Mortgage, Inc., Addison, Texas, is a multi-state, full-service mortgage lender serving consumers and mortgage originators through its retail, wholesale and correspondent channels. We offer a wide range of residential home loan programs to meet the needs of most home buyers and homeowners and are also the nation's leading provider of Section 184 home loans for Native Americans. Learn more at https://www.midamericamortgage.com/.

In operation since 1940, Mid America has thrived by retaining its entrepreneurial spirit and leading the market in innovation, including its adoption of eClosings and eNotes. Click n' Close is Mid America's ultra-secure, digital mortgage approval and closing process that gets home buyers from application to closing within two weeks. With just a few clicks at closing, Click n' Close puts keys in the home buyer's hand in 15 minutes or less. Apply online at https://clicknclose.com.

Named a 2018 "Top Mortgage Workplaces" winner by Mortgage Professional America and a 2018 "Top Mortgage Employer" by National Mortgage Professional, Mid America is looking for tech-savvy, service-oriented mortgage professionals to join our growing team. We are dedicated to providing our employees with industry-leading tools and technology to deliver a great package of competitive pricing, programs and knowledgeable service. Want to join our team? Visit https://www.midamericamortgage.com/careers/.

About ReverseVision
ReverseVision, Inc. is the leading software and technology provider for the reverse mortgage industry, offering products and services focused exclusively on the home-equity conversion mortgage (HECM) and related reverse mortgage programs. With nearly 10,000 active users, ReverseVision technology is used by 10 out of 10 top reverse mortgage lenders and supports more reverse mortgage transactions than all other systems combined. The company's comprehensive product suite also includes reverse mortgage sales and education tools and a dedicated professional services team. ReverseVision partners with some of the finest and fastest-growing banks, credit unions and lending organizations in the United States to provide its reverse mortgage technology to brokers, correspondents, lenders and investors.

A four-time HousingWire TECH100(TM) company, ReverseVision has also been recognized in Deloitte's Technology Fast 500(TM) listing. The company continues to build on its technology's pioneering capabilities with frequent enhancements aimed at boosting users' reverse mortgage volume, workflow efficiency and data analysis capabilities.

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

Twitter: @midamericamtge @reversevision #digitalmortgage #HECM

ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced that Mid America Mortgage, Inc. (Mid America) has selected its flagship reverse loan origination system (LOS), ReverseVision Exchange (RVX) to support the introduction of HECM and private reverse mortgage products.

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

ARMCO Expands Client Base by Adding KWIK Mortgage, The KLR Group and Several Top 25 Mortgage Lenders

POMPANO BEACH, Fla. /ScoopCloud/ -- ACES Risk Management (ARMCO), the leading provider of enterprise financial risk mitigation solutions, has announced that it has achieved significant growth during the first two quarters of 2019, the result of acquiring new clients, including KWIK Mortgage, The KLR Group and several top 25 mortgage lenders.

"We needed a faster, more efficient quality control platform to keep up with the digital POS and LOS solutions we've implemented in recent years," said Paul Campbell, EVP Retail Lending at KWIK Mortgage. "ACES enable us to transact loans faster, while assuring us higher quality and compliance."

"The purchase market may be contracting, but lenders' regulatory concerns are growing," said Phil McCall, president of ARMCO. "Smart organizations, like KWIK and The KLR Group, are proactive about minimizing risk exposure and keeping pace with today's faster digital mortgage processing and realize that QC technology is key to both."

"When it comes to post-close quality control, the primary concerns are compliance in both loan underwriting/investor requirements as well as the GSE review requirements," said Ed Hunter, President and Founder of The KLR Group. "The KLR Group must deliver in both these worlds for clients with different goals, objectives and processes. ACES gives us the platform to consistently hit turn-times, configure services to meet individual client needs and deliver unequalled quality in a very price competitive environment."

ARMCO's technologies are known to expedite the QC process and enable scalability. Its flagship product ACES Audit Technology(TM) is a fully configurable, enterprise-wide audit platform that uses multi-answer questionnaires to cut review times by up to 50%. ACES Automated Document Manager identifies missing documents within loan file as well as bookmarks and indexes for ease of review.

"Our growth not only benefits ARMCO, but also our new clients, who can be confident in the compliance and quality of loans they're transacting," said McCall. "All this adds up to a big win for the industry."

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 achieved significant growth during the first two quarters of 2019, the result of acquiring new clients, including KWIK Mortgage, The KLR Group and several top 25 mortgage lenders.

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

Aclaro Announces New Board Member and the Release of Aclaro EcoSystem 3.0

CHICAGO, Ill. /ScoopCloud/ -- Aclaro Inc., the game-changing Artificial Intelligence software company that provides disruptive technologies to the automotive, financial, and government sectors, announces a new Board Member and the release of Aclaro EcoSystem 3.0 (ES 3.0). With these announcements, Aclaro continues rapid advancement toward its overarching mission of helping lenders, dealers and consumers develop and nurture longer mutually beneficial relationships.

Introducing New Board Member Peter M. Leger

Aclaro has appointed auto industry expert Peter M. Leger as its newest Board Member. Leger is the founder and CEO of IVSG LLC, a provider of disruptive technology that empowers automotive retailers and original equipment manufacturers ("OEMs"). He and his team recently launched GlobalConnectPlatform(GCP3) and partnered with PickCloud/Googleto distribute the software to the global automotive retail sector.

Leger has extensive leadership and management expertise in the global automotive sector. He was the CEO of Credit Management Solutions Inc., the innovator and pioneer in online credit and automotive loan processing. One of his initiatives there was Credit Connection, which was subsequently sold to DealerTrack. Preceding CMSI, Leger was President of ADP Dealer Services(AKA CDK Global), President and CEO of MSX International, and a board member of APAC Customer Services and Outsourcing Solutions, Inc.

Aclaro is extremely excited to tap into Leger's vast insights and expertise from his decades of success in the auto industry. Throughout his career, he has led many growing businesses to a sustainable EBITDA/profitable basis by introducing new innovative technology to the sector. Leger's voice will be a critical resource as Aclaro continues its impressive pattern of growth.

"I am proud to join the Aclaro's Board, and I look forward to working with Carlos, the Aclaro team, and the other directors as the company builds for the future. I believe that Aclaro has the innovative technology and know-how to change the way that dealers, lenders, and consumers interact in a fully integrated, closed loop real-time marketplace that benefits all participating stakeholders. This is an exciting time for Aclaro and its breakthrough Artificial Intelligence technology especially in creating the Aclaro MarketPlace in connecting lenders' pre-approved borrowers with dealers real-time inventory," said Leger.

Introducing The Aclaro EcoSystem: ES 3.0

Aclaro announces ES 3.0, a game changing toolset for vehicle purchasers, lenders, and dealers.

ES 3.0 enables lenders to better understand a customer's propensity to purchase, offers real time inventory from multiple dealers tailored to a customer's preferences, and helps close vehicle sales and financing faster. The ES 3.0 process begins with Aclaro AI's learning a borrower's propensity to buy a vehicle. Then ES 3.0 engages the borrower to come and visit the Aclaro MarketPlace with a customized Call to Action via multiple channels including email, SMS, and Web targeting. In the MarketPlace, a borrower/consumer can select a list of vehicles to test drive, start the trade-in process, and the financing process. The financing process uses Nexus Score and the Aclaro's Alternative Data., Through Aclaro's proprietary algorithms, lenders gain a better sense of the borrower's cash flow, financial information, and their probability of paying back the loan in full.

Throughout the ES 3.0 processes, mutual value is created for lenders, dealers, and consumers. Lenders obtain granular financial information about a borrower that is based solely on cash flow. They quickly identify profitable lending opportunities while mitigating default risk. Auto dealers integrate their real-time daily inventory with the Aclaro Marketplace to provide consumers with the vehicles they actually want. Dealers close deals faster with permissioned customer financials. Consumers also obtain many benefits from Aclaro ES 3.0, including the ability to easily find-and be approved for-the purchase of their next dream vehicle.

Ultimately, Aclaro ES 3.0 makes life easier and better for lenders, dealers, and consumers. It saves significant time, reduces risk, increases sales and makes the auto purchasing process much more pleasant and trustworthy.

High Expectations

After identifying significant pain points in the automotive lending industry, Aclaro is leveraging game-changing technology to assist all stakeholders. With another auto industry expert board member and the release of the game changing tools in Aclaro ES 3.0, the company will quickly and permanently shift the paradigm.

If you are an auto lender, auto dealer, or prospective auto buyer, we encourage you to visit us at http://www.aclaro.io/ to learn more about our company, our stellar team, and our must-have products.

Aclaro Inc., the game-changing Artificial Intelligence software company that provides disruptive technologies to the automotive, financial, and government sectors, announces a new Board Member and the release of Aclaro EcoSystem 3.0 (ES 3.0). With these announcements, Aclaro continues rapid advancement toward its overarching mission of helping lenders, dealers and consumers develop and nurture longer mutually beneficial relationships.

Related link: https://aclaro.io/

Simplifile Adds 31 Western U.S. Jurisdictions to E-recording Network

PROVO, Utah /ScoopCloud/ -- Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents and counties, today announced that 31 additional recording jurisdictions located in 13 states throughout the Midwest, Southwest and Western U.S. have joined Simplifile's e-recording network.

"With more than half of all U.S. counties now e-recording, we are well past the tipping point in terms of adoption. However, it is still immensely gratifying to see additional jurisdictions take their recording process electronic, and we heartily welcome these latest entrants to the Simplifile e-recording network," said Simplifile President Paul Clifford.

The newest additions to join Simplifile's e-recording network are:

* Nevada County, Calif.
* Tulare County, Calif.
* Clinton County, Ill.
* Fulton County, Ill.
* Henderson County, Ill.
* Jefferson County, Ill.
* Knox County, Ill.
* Lee County, Ill.
* Daviess County, Ind.
* Dearborn County, Ind.
* Alger County, Mich.
* Tuscola County, Mich.
* Dawes County, Neb.
* Dundy County, Neb.
* Franklin County, Neb.
* Kimball County, Neb.
* Wheeler County, Neb.
* Barnes County, N.D.
* Portage County, Ohio
* Van Wert County, Ohio
* Clay County, S.D.
* Codington County, S.D.
* Hamlin County, S.D.
* Ziebach County, S.D.
* Refugio County, Texas
* Sevier County, Utah
* Grant County, Wash.
* Walla Walla County, Wash.
* Lincoln County, Wis.
* Oconto County, Wis.
* Sublette County, Wyo.

As the nation's largest e-recording network, Simplifile covers more than 80% of the U.S. population, enabling counties and other recording jurisdictions to drive down processing times by securely reviewing, stamping, recording and returning documents electronically. To date, 1,979 jurisdictions have joined Simplifile's e-recording network.

For a current list of all jurisdictions in Simplifile's e-recording network, visit https://simplifile.com/services/e-recording/e-recording-counties/.

About Simplifile

Simplifile, the nation's largest e-recording network, was founded in 2000 to connect settlement agents and county recorders via its e-recording service. Today Simplifile has broadened its services to include collaboration tools and post-closing visibility for mortgage lenders and settlement agents working together on real estate documents. Through Simplifile, users can securely record, share and track documents, data and fees with ease.

To learn more, visit https://simplifile.com/ or call 800.460.5657.

Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents and counties, today announced that 31 additional recording jurisdictions located in 13 states throughout the Midwest, Southwest and Western U.S. have joined Simplifile's e-recording network.

Related link: https://simplifile.com/

SafeChain Partners with RamQuest to Provide Fraud-Free Closings

COLUMBUS, Ohio /ScoopCloud/ -- SafeChain, the industry leader in wire fraud prevention technology and blockchain applications for land title, announced today its SafeWire application has been fully integrated into RamQuest's Closing Market application - making SafeWire available as a seamless experience to title offices nationwide.

"Improving functionality for RamQuest clients will be essential as we look toward eliminating wire fraud," said Rob Zwink, CTO at SafeChain. "We know human error accounts for the majority of wire fraud detection failure. Consequently, ensuring that agencies' escrow and closing teams can access SafeWire within RamQuest's Closing Market provides the ideal connection. It enables agencies to reduce their exposure without making major changes in their processes."

SafeWire protects real estate wire transactions with multi-source verification. By digitally identifying all transaction participants it assures agencies that the information cannot be tampered with or intercepted by unauthorized parties. This allows bank account authentication, two way sharing of secure documents, collection of wet signatures, and continuous secure communication from pre to post-closing. SafeWire works with buyer and seller banks to ensure all authorized parties receive funds.

"We're committed to developing integrations that empower our customers to grow their business," RamQuest CSO Ben Cork said. "The SafeWire integration is just one example of this and gives RamQuest customers an easy solution to securely communicate sensitive information, verify bank accounts, and ultimately deter fraud."

About RamQuest, Inc

RamQuest, Inc. is a Texas-based corporation that has been serving the title industry since 1991. As the provider of the title insurance and settlements industry's most comprehensive solutions, RamQuest products are currently in use for closings in all 50 states. For more information about RamQuest, visit https://ramquest.com/.

About SafeChain

SafeChain makes real estate transactions safer and modernizes operations for both the public and private sectors of the land title industry. Built by real estate title experts in collaboration with banking technologists, SafeChain tackles the inefficiencies of the home buying and selling process from the inside-out to help title companies, mortgage bankers, realtors and local governments decrease costs and deliver a better experience for customers. Leveraging the most advanced technologies, including blockchain, SafeChain increases the speed and security of real estate closings to deliver faster transactions. For more information visit https://www.safewire.com/ramquest.

SafeChain, the industry leader in wire fraud prevention technology and blockchain applications for land title, announced today its SafeWire application has been fully integrated into RamQuest's Closing Market application - making SafeWire available as a seamless experience to title offices nationwide.

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

Anow Debuts Inaugural User Conference September 30 in Conjunction with Valuation Expo

RED DEER, Alberta /ScoopCloud/ -- Anow, developer of appraisal firm management software that simplifies the way real estate appraisers manage their businesses, will hold its inaugural user conference September 30 on day one of Valuation Expo, the nation's largest appraiser conference. Held at the historic Flamingo Las Vegas Hotel & Casino, Anow's inaugural user conference will offer attendees three hours of programming, demonstrations of ground-breaking appraisal office management technology, expert thought leadership and peer networking opportunities.

"Hosting Anow's user conference in partnership with Valuation Expo offers a timely opportunity for independent appraisers to learn about technology and business strategies that will position them for success as the demand for faster, less expensive appraisals continues to accelerate," said Anow Founder and CEO Mary Haldane. "Both appraisers new to Anow and Anow super-users will walk away from these sessions inspired and better equipped to reach elevated business goals."

Anow User Conference 2019 will kick off at 1 p.m. with a keynote delivered by Flagstar Bank's Chief Residential Appraiser Tony Reese on "The ART and Science of the Modern Appraisal."

At 1:20 p.m., Anow Founder and CEO Marty Haldane will take the stage to discuss how technology is transforming residential property appraisals. Attendees will also witness the unveiling of the two newest additions to the Anow technology suite: the Anow Mobile Inspection app and Anow NEXUS.

At 2:10 p.m., veteran appraisers Mark Skapinetz of What's It Worth Appraisal Services, Sandy Matthes of Lightning Appraisals and Leigh Walker of Lawrenson Walker Real Estate Appraisers will discuss how they have leveraged Anow to expedite appraisal turn times and grow their independent appraisal businesses. The panel will be followed by an audience Q&A.

The final session, "Re-imagining AMC-Appraiser Relationships," will run from 3:05-3:50 p.m. Executives from the nation's largest independent appraisal management company (AMC) and the nation's leading appraisal firm will share their vision for transforming previously adversarial relationships into collaborative partnerships through the use of technology. This salon-style discussion will feature Rick Hiton, COO of Accurity Valuation, Matthew Scott, executive vice president of operations at Nations Valuation Services and Anow COO Keith Ellis as moderator.

Registration at Valuation Expo is required to attend the Anow user conference. An early-bird discount ('Buzz Rate') is available through September 3, 2019 at https://www.valuationexpo.com/.

ABOUT ANOW

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

For more information, visit https://anow.com/ or call (800) 403-7121.

@AppraisersNow @ValuationExpo #appraisaltech #digitalmortgage #AMCs #mortgagelending

Anow, developer of appraisal firm management software that simplifies the way real estate appraisers manage their businesses, will hold its inaugural user conference September 30 on day one of Valuation Expo, the nation's largest appraiser conference. Held at the historic Flamingo Las Vegas Hotel & Casino, Anow's inaugural user conference will offer attendees three hours of programming, demonstrations of ground-breaking appraisal office management technology, expert thought leadership and peer networking opportunities.

Related link: https://anow.com/

New Tools from SimpleNexus Help Mortgage Lenders Build Stronger Relationships with Borrowers’ Real Estate Agents

LEHI, Utah /ScoopCloud/ -- SimpleNexus (https://simplenexus.com/), developer of the leading digital mortgage platform for loan originators and borrowers, today announced the availability of a suite of tools designed to help originators build stronger relationships with their borrowers' real estate agents and convert more prospects into mutual customers.

SimpleNexus makes it easy for loan originators to create co-branded mobile apps for Realtor partners to share with borrowers. The shared platform enhances the borrower experience by keeping partners up-to-speed on loan progress and putting mortgage calculators and other handy tools at partners' fingertips.

The next tool, integrated home search, showcases available properties within the SimpleNexus borrower app, keeping the loan originator at the center of the home-shopping and home-buying experience for increased pull-through, referrals and long-term loyalty. Two digital home search providers are available for integration, and the integration can be configured with or without a Realtor partner.

Rounding out the suite is SimpleNexus kiosk mode, which allows loan originators to collect back-to-back loan applications on a tablet or laptop computer at open houses and model homes, where there's always a steady stream of motivated borrowers. For added security, kiosk mode automatically wipes sensitive data when a loan application is abandoned before submission.

All three tools are designed to enhance the overall home purchase experience for borrowers.

"SimpleNexus is dedicated to making the home loan process efficient, portable and pleasant for loan originators and borrowers alike," said Ben Miller, COO of SimpleNexus. "A crucial part of delivering that great borrower experience is making sure the borrower's Realtor has tools that simplify home search, streamline communication and provide instant loan status insights - and that's just what we've done with this toolset."

For more information, visit: https://simplenexus.com/sn/realtor-relationships/.

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 #mobileorigination @realtors @realestate

SimpleNexus, developer of the leading digital mortgage platform for loan originators and borrowers, today announced the availability of a suite of tools designed to help originators build stronger relationships with their borrowers' real estate agents and convert more prospects into mutual customers.

Related link: https://simplenexus.com/

Westerly Becomes First Municipality in Rhode Island to Adopt E-recording

PROVO, Utah /ScoopCloud/ -- Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, today announced that the Town of Westerly has joined Simplifile's e-recording network following the July 1 passage of a law authorizing e-recording statewide in Rhode Island.

"This is a terrific development for Rhode Island settlement agents and municipal recorders, who have long expressed an interest in modernizing their recording processes," said Paul Clifford, president of Simplifile. "We're ready to help additional municipalities get up and running - a process that usually takes only days - so they can take advantage of e-recording's significant time and cost savings."

Rhode Island joins 47 other U.S. states that have authorized e-recording of deeds, mortgages, and other documents to enable faster and more cost-effective land record transactions. Only Kentucky and Vermont have yet to begin e-recording.

Simplifile's e-recording service is available in 54% of all U.S. counties. Through Simplifile, settlement agents can scan and submit land records directly to any of the 1,965 participating county recording offices. In just minutes, the county recorder can review, stamp, record and return documents to the settlement agent electronically. In addition, recording fees and associated payments can be processed directly through Simplifile's secure service, eliminating payment errors and check-writing expenses.

For an up-to-date list of counties participating in Simplifile's e-recording network, visit https://simplifile.com/e-recording-counties/.

About Simplifile

Simplifile, the nation's largest e-recording network, was founded in 2000 to connect settlement agents and county recorders via its e-recording service. Today Simplifile has broadened its services to include collaboration tools and post-closing visibility for mortgage lenders and settlement agents working together on real estate documents. Through Simplifile, users can securely record, share and track documents, data and fees with ease.
To learn more, visit https://simplifile.com/ or call 800.460.5657.

Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, today announced that the Town of Westerly has joined Simplifile's e-recording network following the July 1 passage of a law authorizing e-recording statewide in Rhode Island.

Related link: https://simplifile.com/

DocMagic and INTEGRA Software Systems Form Strategic Alliance

TORRANCE, Calif. /ScoopCloud/ -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that INTEGRA Software Systems (INTEGRA) will offer the company's document preparation solution to their client base via an integration with INTEGRA's new LOS, EPIC.

Recently, some of INTEGRA's clients began transitioning from its legacy LOS version, converting to its new multi-browser-based LOS, EPIC. New INTEGRA clients have been implementing EPIC, integrated with DocMagic's solutions, with great success.

The partnership gives lenders the ability to leverage DocMagic's end-to-end document production, preparation, delivery and automated compliance service as a fully embedded integration within EPIC. This includes the ability for borrowers to conveniently and compliantly eSign all documents required to meet state and TRID-based disclosures, eliminating paper and optimizing the document process from initial disclosures through closing.

"INTEGRA is a long-time, trusted integration partner of DocMagic and we are pleased that they are introducing our end-to-end document preparation solution to their lenders utilizing the EPIC LOS," commented Steve Ribultan, director of business development at DocMagic. "In a margin compressed business environment, this is of particular importance as lenders are better able to manage their costs using an all-in-one solution."

"We are pleased to make available DocMagic's services with this robust end-to-end integration to an influx of new clients purchasing EPIC," stated Michael Picker, senior vice president of sales and marketing at INTEGRA. "Through our LOS, we are able to efficiently provide borrowers with the Loan Estimate (LE), ability to eSign every document, produce an accurate Closing Disclosure (CD), service transfer packages, and offer DocMagic's Compliance Edge updates.

Interested parties can learn more about the integration and single solution offering by contacting a representative at INTEGRA: (877) 253-7779, sales@integra-online.com, or by visiting http://www.integraloantech.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 INTEGRA Software Systems:
Established in 1996 and headquartered in Franklin, Tennessee, INTEGRA Software offers a powerful, web-based loan origination solution, EPIC, to address challenges within Mortgage Lending for retail, wholesale and correspondent lenders. EPIC spans point-of-sale to post-closing and secondary market for lenders interested in efficiencies gained by automating every step of the mortgage loan workflow. For more information about INTEGRA Software Contact: (877) 253-7779, sales@integra-online.com or by visiting http://www.integraloantech.com/.

DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that INTEGRA Software Systems (INTEGRA) will offer the company's document preparation solution to their client base via an integration with INTEGRA's new LOS, EPIC.

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

The Mortgage Collaborative Adds Get Credit Healthy to Preferred Partner Network

SUNRISE, Fla. /ScoopCloud/ -- Fintech company, Get Credit Healthy (a subsidiary of Beta Music Group Inc. OTC PINK: BEMG) has been added to the Preferred Partner network of The Mortgage Collaborative ("TMC"). Get Credit Healthy will offer TMC members access to resources designed to reduce loan fallout and leverage data.

The Mortgage Collaborative network is more than 130 lenders strong, with an aggregate annual origination volume of over $220 billion. The lender network is supported by a preferred partner network of organizations that specialize in every facet of the mortgage life cycle. TMC members can now offer their clients seamless access to one-on-one credit coaching and financial education via Get Credit Healthy's network of non-profit partners.

"Get Credit Healthy will allow us to take the customer experience to the next level," says David G. Kittle, CMB, president and board vice chairman, The Mortgage Collaborative. "Their technology and methodology allows us to assist those we were once forced to turn away, and I couldn't be prouder to have them as a preferred partner of The Mortgage Collaborative."

"The Mortgage Collaborative has always been a cut above the rest," says Jon Hill, CRO, Get Credit Healthy. "Its collection of lenders and vendors have led the way for the leadership so needed within the mortgage industry. We're looking forward to building great relationships with all of the group."

About Get Credit Healthy:

Get Credit Healthy (https://getcredithealthy.com/about/) utilizes its proprietary processes, platform, and software to integrate with lenders to make it easier to recapture leads. Developed for and by those with extensive mortgage industry experience, Get Credit Healthy's platform has facilitated millions of dollars in new loan opportunity. It is working to increase its network of partners and is looking forward to a very promising future.

For information on its parent company, please visit https://betamusicgroup.net/. Additional financial information can be found at https://www.otcmarkets.com/stock/BEMG/profile.

Safe Harbor Statement:

This press release contains projections and other forward-looking statements regarding future events or our future financial performance. All statements other than present and historical facts and conditions contained in this release, including any statements regarding our future results of operations and financial positions, business strategy, plans and our objectives for future operations, are forward-looking statements (within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended). These statements are only predictions and reflect our current beliefs and expectations with respect to future events and are based on assumptions and subject to risk and uncertainties and subject to change at any time. We operate in a very competitive and rapidly changing environment. New risks emerge from time to time. Given these risks and uncertainties, you should not place undue reliance on these forward-looking statements. Actual events or results may differ materially from those contained in the projections or forward-looking statements. Forward-looking statements in this release are made pursuant to the safe harbor provisions contained in the Private Securities Litigation Reform Act of 1995.

*LOGO link for media: Send2Press.com/300dpi/19-0815s2p-getcredithealthy-300dpi.jpg

Tickers: OTC Pink:BEMG / OTC:BEMG / OTCMKTS:BEMG / OP: BEMG

Fintech company, Get Credit Healthy (a subsidiary of Beta Music Group Inc. OTC PINK: BEMG) has been added to the Preferred Partner network of The Mortgage Collaborative ("TMC"). Get Credit Healthy will offer TMC members access to resources designed to reduce loan fallout and leverage data.

Related link: https://getcredithealthy.com/

Take Three Technologies Selects Ruth Lee, CMB, as Executive Vice President

DENVER, Colo. /ScoopCloud/ -- Take Three Technologies (Take3(TM)), a Denver-based FinTech startup focused on empowering mortgage lenders and loan originators with best-in-class technology solutions today announced its hiring of Ruth Lee as the organization's Executive Vice President.

"After a thorough and extensive search, we are pleased to announce Ruth Lee will take the helm at Take3," said Take 3 President and CEO Anita Padilla-Fitzgerald. "Ruth has an impressive track record of success in the mortgage banking and lending industries. Her experience, paired with her deep knowledge of innovative lending practices and technology, make her uniquely qualified to lead our technology expansion efforts. We are confident that we have selected the right person for the job, and we are delighted she has accepted the position."

In her new role with Take3, Lee will lead the startup's efforts to expand adoption of its proprietary software, TheRuleTool(TM). This SaaS solution provides originators with on-demand access to guidelines using a simple online and mobile-friendly interface. TheRuleTool improves efficiency and reduces operational drag early in the process for mortgage banking operations and executives.

"I am thrilled to join the Take3 team," said Lee. "Given the complexity of today's mortgage lending landscape, TheRuleTool simplifies access to information for originators, providing a common-sense platform focused on empowerment and education. TheRuleTool's - and Take3's - success potential is exciting for a mortgage industry entrepreneur like me."

About Take3 Technologies:

Take Three Technologies is a Denver-based technology and marketing firm for the mortgage industry. Since 2014, Take3(TM) has positioned itself as a leader in the fintech industry, passionately developing innovative solutions that allow mortgage industry lenders to produce loans in a more agile and compliant way. To start a free 30-day trial of TheRuleTool(TM), simply email support@theruletool.com.

For more on Take Three Technologies, visit https://www.take3tech.com/.

*PHOTO link for media: Send2Press.com/300dpi/19-0814s2p-ruth-lee-take3-300dpi.jpg

Take Three Technologies (Take3(TM)), a Denver-based FinTech startup focused on empowering mortgage lenders and loan originators with best-in-class technology solutions today announced its hiring of Ruth Lee as the organization's Executive Vice President.

Related link: https://www.take3tech.com/

FormFree Throws Its Support Behind California MBA’s Inaugural Mortgage Innovators Conference

ATLANTA, Ga. /ScoopCloud/ -- FormFree(R) today announced its support as a premier sponsor of the California Mortgage Bankers Association's inaugural Mortgage Innovators Conference, being held August 11-13, 2019 at the Sheraton San Diego Hotel & Marina. FormFree will demo its Passport(R) all-in-one verification service, and attendees will have two opportunities to hear from the company's visionary Founder and CEO, Brent Chandler.

Chandler will speak in the panel session "Strategic Digital Trends for Lending," taking place Tuesday, August 13, from 8:30-9 a.m. Designed to equip mortgage lenders with effective strategies for leveraging digital mortgage technology, the panel will also feature Blue Sage CEO Joe Langner, Tavant CEO Sarvesh Mahesh and Avenu CEO Dave Zitting.

Chandler will again take the stage at 1:45 p.m. Tuesday to deliver a "Tech Talk" addressing the latest innovations in consumer credentials and the future of digital lending.

"Brent and FormFree have a great perspective on digital trends in the mortgage industry, and we're excited to add his voice to our conference agenda," said Chuck Iverson, California MBA conference chair and board member. "As lenders map out their strategy in an increasingly digital marketplace, it is crucial to get expert input from leaders like Brent."

"We welcome this opportunity to support the California MBA and contribute to an industry dialogue that helps lenders select the right digital mortgage strategy for advancing their business goals today and in years to come," said Chandler.

The California MBA Mortgage Innovators Conference will feature three days of high-energy content from mortgage executives and technology experts on topics including borrower experience, machine learning and technology disruption. Attendees will have the opportunity to view cutting-edge products demonstrations and network with influential industry professionals. To learn more, visit http://www.mortgageinnovators.com/.

About California Mortgage Bankers Association

For over 60 years, The California Mortgage Bankers Association (California MBA) has been the leading statewide advocate for the residential and commercial real estate finance industry, representing its members before all government and regulatory agencies. Headquartered in Sacramento, California, The California MBA promotes fair and ethical lending practices through a wide range of educational programs, services and industry publications.

The California MBA provides its members a competitive edge by effectively aggregating political, economic and marketing power. Its membership of companies includes all elements of real estate finance-residential, commercial/multi-family, and industry service providers.

About FormFree(R)

FormFree is a fintech company whose market-leading AccountChek(R) Asset Reports are used by lenders nationwide to verify borrower assets, employment and income in minutes. To date, more than 1,000 U.S. lenders have ordered over 1.25 million AccountChek Asset Reports, delighting their customers with a paperless experience and reducing origination timelines by up to 20 days. FormFree offers automated analysis and standardized delivery to lenders and their 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 #MortgageInnovators19 #digitalmortgage @CAMortgBankers

FormFree(R) today announced its support as a premier sponsor of the California Mortgage Bankers Association's inaugural Mortgage Innovators Conference, being held August 11-13, 2019 at the Sheraton San Diego Hotel & Marina. FormFree will demo its Passport(R) all-in-one verification service, and attendees will have two opportunities to hear from the company's visionary Founder and CEO, Brent Chandler.

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

LBA Ware’s CompenSafe Finishes 2Q19 with $3.6B in Lifetime Compensation Calculations

MACON, Ga. /ScoopCloud/ -- LBA Ware(TM), provider of the leading automated incentive compensation and sales performance management platform for mortgage lenders, closed the second quarter of 2019 having completed $3,622,659,995 in lifetime calculations of origination commissions, management overrides and operational bonuses through its CompenSafe(TM) sales incentive platform.

2Q19 was an explosive quarter for new loan production overall, according to estimates published by Inside Mortgage Finance, and CompenSafe considerably outpaced overall industry growth, processing a daily average of $1.7 billion in new application volume and over $1.1 billion in funded loan volume (a 64.35% increase and 40.2% increase from 2Q18, respectively).

"CompenSafe has been gaining momentum with banks, credit unions and independent mortgage lenders eager to shed the inefficiency and headaches of manual incentive calculation and leverage their compensation data to make more incisive business decisions," said LBA Ware Founder and CEO Lori Brewer. "The last quarter saw much-needed industry gains in loan production, and we are proud to have responded to the increased system demands of industry growth with continued service excellence."

About LBA Ware
Founded in 2008, LBA Ware's mission is to inspire opportunity by delivering solutions that are essential to the way mortgage companies operate. We are a trusted partner and play a key role in our clients' success by enabling them to motivate, incentivize and better leverage the human potential within their organizations. Our applications automate traditionally manual business processes for which an existing software solution does not exist, empowering lenders to create an integrated software environment that maximizes their productivity and operational efficiency. For more information about LBA Ware and our software solutions, visit https://lbaware.com.

Twitter: @LBAWare #mortgagebanking #digitalmortgage #CompenSafe @IMFpubs

LBA Ware(TM), provider of the leading automated incentive compensation and sales performance management platform for mortgage lenders, closed the second quarter of 2019 having completed $3,622,659,995 in lifetime calculations of origination commissions, management overrides and operational bonuses through its CompenSafe(TM) sales incentive platform.

Related link: https://lbaware.com/

IDS Signs on as Gold Sponsor for 2019 ACUMA Annual Conference

SALT LAKE CITY, Utah /ScoopCloud/ -- Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it has agreed to serve as a Gold Sponsor for the American Credit Union Mortgage Association (ACUMA) 2019 Annual Conference, to be held September 22-25, 2019 at the Gaylord National Resort and Convention Center in National Harbor, Maryland.

"As a sponsor for this year's ACUMA Annual Conference, IDS is pleased to assist credit unions in optimizing their mortgage operations to meet the challenges of today's lending environment," said IDS Vice President and General Manager Mark Mackey. "In fact, the idsDoc platform was born inside of a credit union, giving us additional perspective on the unique challenges and concerns credit unions face in providing mortgage products and services to their memberships."

"For example, credit unions typically offer custom home loan programs to better serve their members and often service those loans in-house. Therefore, for the digitally-minded credit union, having a system that can support this kind of specialized lending environment becomes even more important," Mackey added. "One of the hallmarks of the idsDoc platform is its ability to accommodate unique loan programs via customized documents and flexible workflows, thus enabling credit unions to stay true to their mission while also remaining competitive from both a service and technology standpoint."

ACUMA's mission is, "to be the complete 'source' for credit unions and their business partners, for information, networking and advocacy for mortgage lending and housing finance." The annual conference, which attracts approximately 500 mortgage leaders in the credit union space, is designed to educate credit unions on the rapidly changing landscape of mortgage origination.

"We're delighted to have IDS sponsoring the conference," said Bob Dorsa, president of ACUMA. "It's great to have a company with a history of serving credit unions supporting ACUMA."

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/)

Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it has agreed to serve as a Gold Sponsor for the American Credit Union Mortgage Association (ACUMA) 2019 Annual Conference, to be held September 22-25, 2019 at the Gaylord National Resort and Convention Center in National Harbor, Maryland.

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

More than Half of Mortgage Loan Applicants Now Opting to Apply Using Their Mobile Device

LEHI, Utah /ScoopCloud/ -- SimpleNexus (https://simplenexus.com/), developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today released data indicating that, given the choice, a majority of borrowers now prefer a mobile-driven mortgage loan application process. Mobile applications accounted for more than 50% of the 37,157 mortgage applications submitted through the SimpleNexus platform in the month of May.

Because SimpleNexus' mobile-native point-of-sale (POS) technology is used by more borrowers and loan originators than any other platform of its kind, its users' behaviors can indicate changing origination trends, such as borrowers' rising preference to complete mortgage applications from their mobile devices.

This finding comes as the firm is clocking record loan application submissions and growing at an unprecedented rate. To date, the SimpleNexus platform has connected its 20,000 active loan originators with 1.1 million borrowers and 65,000 realtor partners to produce nearly five million loans totaling over $100 billion in volume.

"Our triple-digit growth and enthusiastic adoption by loan originators, real estate agents and loan applicants shows how SimpleNexus is delivering on a market need for a mobile origination toolset that gets more loans to the finish line, faster," said SimpleNexus Founder and CEO Matt Hansen. "We are proud to be setting the bar for what a digital mortgage platform should be."

For two years running, SimpleNexus has ranked in the top 500 on the Inc. 5000 list of America's fastest-growing private companies. In 2018 the company added 60 clients to its roster, bringing the total number of enterprise lenders SimpleNexus empowers to "do more" to 223, including 15 of the top 25 retail lenders in the United States.

For more information, visit https://simplenexus.com/domore.

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 #mobileorigination #mortgagetrends #borrowertrends

SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today released data indicating that, given the choice, a majority of borrowers now prefer a mobile-driven mortgage loan application process. Mobile applications accounted for more than 50% of the 37,157 mortgage applications submitted through the SimpleNexus platform in the month of May.

Related link: https://simplenexus.com/

NotaryCam Applauds Texas for Eliminating Roadblock to Recording Remotely Notarized Real Estate Transactions

NEWPORT BEACH, Calif. /ScoopCloud/ -- NotaryCam(R) Founder and CEO Rick Triola today praised the Texas legislature for passing SB 2128, which will go into effect on September 1. The bill provides recording jurisdictions with additional clarity when conducting paper recordings of electronically executed documents.

This bill addresses several uncertainties previously acknowledged in regard to remote online notarization (RON) in Texas. Under this bill, a notary will be able to certify via an affidavit that a paper copy of a notarized electronic record is a true and correct copy, and county clerks will be required to record the transaction.

"Even though RON has been legal in Texas for nearly a year, nuances in the state's real estate laws legislation have created unforeseen roadblocks to adoption. However, the passage of SB 2128 should remove the final hurdle for RON adoption in Texas," Triola said. "By passing this bill, the Texas legislature has removed doubt that a properly executed RON transaction will be accepted by county recorders statewide, thus paving the way for mortgage lenders and title/settlement professionals to begin executing remotely notarized and closed Texas-based real estate transactions."

According to data from the Property Records Industry Association (PRIA), only 71 (*see note 1) of the 254 counties in Texas current offer eRecording. Thus, with the vast majority of counties lacking the capabilities to eRecord, the Texas legislature correctly recognized the current state of affairs and enacted a solution to allow RON transactions to move forward regardless of a particular jurisdiction's recording procedures.

"On a practical level, SB 2128 expands the definition of a paper document to include electronic records that have been 'papered out,' thus removing any doubt that these documents are eligible to be recorded in the state of Texas," said Celia Flowers, owner of East Texas Title. "After talking to my clerks after the original RON statute went into effect last year, I quickly discovered that many of them did not know about the bill, nor did they understand what RON was. As a result, many of them - especially those that did not eRecord - were not going to accept documents that had been electronically notarized. I think this bill resolves many of the concerns clerks had regarding RON by providing a legally accepted framework for converting electronic document into paper format for recording purposes."

Triola and Flowers, along with the Texas Land Title Association's Director of Government Affairs and Counsel Aaron Day and James Anderson from Championship Title, will be sharing lessons learned from Texas's roll-out of RON at the ALTA ONE conference in Austin.

The session, "Notable: Texas Title Agents are Rocking with RON," will take place on Wednesday, October 23 from 10:30-11:30 a.m. CT. For more information on the session and the conference, visit http://meetings.alta.org/one/.

(*Note 1: As of 5/31/19.)

About NotaryCam:

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

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

NotaryCam(R) Founder and CEO Rick Triola today praised the Texas legislature for passing SB 2128, which will go into effect on September 1. The bill provides recording jurisdictions with additional clarity when conducting paper recordings of electronically executed documents.

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

OpenClose Bolsters Commitment to Software Innovation and Enhancement of Digital Mortgage Technology, Adds Experienced Technologist as VP of Innovation

WEST PALM BEACH, Fla. /ScoopCloud/ -- OpenClose(R), an industry-leading multi-channel loan origination system (LOS) and digital mortgage fintech provider, announced that Allen Pollack, a seasoned industry veteran that has been instrumental in the digital shift and transformation of the industry, has joined the company in the newly created position of vice president of product innovation. Allen will assist OpenClose in continuing to expand the level of innovation invested in its customers and the industry to deliver business-altering products and processes, which align to the ever-changing digital lending landscape.

"JP and I are delighted that Allen has joined the OpenClose team," said Jason Regalbuto, CEO and CTO at OpenClose. "We have competed and collaborated with Allen over the years. He has developed a reputation for innovative business and technology strategies in the fintech space. We are excited about working with him to grow and expand our product offerings and solutions into the future."

Allen has more than 15 years of industry experience developing and leading strategic initiatives and comes to OpenClose from Fiserv where he was responsible for multiple fintech initiatives focused on delivering omni-channel capability and personalized lending experiences, ranging from conversational AI to digital mortgage lending capabilities across online and mobile banking channels.

Allen was a co-founder of NYLX, serving as chief technology officer where he introduced new technology models that disrupted the mortgage lending space. He later continued as chief technology officer of LoanLogics, a new RegTech company created by NYLX that continued to introduce new technology and disrupt the old way of doing business further creating solutions to support loan quality, due diligence, and multi-channel loan delivery models.

"OpenClose has been a long-time innovator in our space, making multiple contributions to help grow the mortgage industry and continually developing products that empower lenders to help borrowers achieve the American dream," stated Pollack. "The company is well-positioned and strategically aligned to establish itself as one of the industry's leading disruptors that significantly advances the lending process. I am excited to play a key role in the focus that speaks customer experience and the commitment to innovation supporting lending and the industry's ongoing transformation."

OpenClose recently rolled out the its digital mortgage point-of-sale (POS) solution, ConsumerAssist(TM) Digital POS, which offers an integrated solution that marries its end-to-end multi-channel LOS, product and pricing engine (PPE), and state-of-the-art POS technology. The single-source solution dramatically reduces the cost to manufacture loans, heightens the borrower experience, and simplifies managing the entire lending process.

About OpenClose:

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

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

Twitter: @OpenCloseSocial #AllenPollack #DigitalMortgage #FinTech #LoanOriginationSoftware

OpenClose, an industry-leading multi-channel loan origination system (LOS) and digital mortgage fintech provider, announced that Allen Pollack, a seasoned industry veteran that has been instrumental in the digital shift and transformation of the industry, has joined the company in the newly created position of vice president of product innovation.

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

Appraisal Institute (AI) forms affinity partnership with Anow to equip members with top-shelf appraisal office management technology

RED DEER, Alberta /ScoopCloud/ -- Anow, developer of appraisal firm management software that simplifies the way real estate appraisers manage their businesses, has formed an affinity partnership with the Appraisal Institute (AI), the largest real estate appraisal organization in the United States. The partnership makes Anow's core appraisal office management platform available to AI members ("AI Professionals") and affiliates at a reduced rate.

"AI's partnership with Anow is reflective of our larger strategy to foster innovation in the real estate valuation profession and promote savvy business practices across our membership base," said AI President Stephen Wagner. "Anow's intuitive appraisal office management platform will offer AI Professionals a one-stop solution for boosting productivity and heightening professionalism in the administration of their business."

"As a third-generation appraiser, I am personally committed to facilitating the success of independent real estate valuation professionals and am delighted to lighten the administrative burden for AI Professionals," said Marty Haldane, founder and CEO of Anow. "Anow's core platform will benefit AI Professionals by streamlining and automating time-consuming tasks that typically bottleneck the appraisal process, such as scheduling, appraisal file compilation, invoicing and record-keeping."

AI Professionals now have access to the following Anow benefits:
* 20% off an initial 12-month Anow subscription
* A dedicated line of contact for product feedback
* Early access to Anow's closed beta programs
* Complimentary product support and training
* Exclusive access to quarterly educational webinars highlighting best practices and emerging trends in appraisal technology

AI Professionals can access their reduced-rate Anow subscription by visiting https://anow.com/appraisalinstitute/.

ABOUT ANOW

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

ABOUT APPRAISAL INSTITUTE (AI)

The Appraisal Institute is a global professional association of real estate appraisers, with nearly 18,000 professionals in almost 50 countries throughout the world. Its mission is to advance professionalism and ethics, global standards, methodologies, and practices through the professional development of property economics worldwide. Organized in 1932, the Appraisal Institute advocates equal opportunity and nondiscrimination in the appraisal profession and conducts its activities in accordance with applicable federal, state and local laws. Individuals of the Appraisal Institute benefit from an array of professional education and advocacy programs, and may hold the prestigious MAI, SRPA, SRA, AI-GRS and AI-RRS designations. Learn more at www.appraisalinstitute.org.

Twitter: @AppraisersNow @AI_National #appraisaltech

Anow, developer of appraisal firm management software that simplifies the way real estate appraisers manage their businesses, has formed an affinity partnership with the Appraisal Institute (AI), the largest real estate appraisal organization in the United States. The partnership makes Anow's core appraisal office management platform available to AI members ("AI Professionals") and affiliates at a reduced rate.

Related link: https://anow.com/

New API Enables Real-Time Data Transfers Between SimpleNexus, Mortgage Lenders and Third-Party Systems

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 availability of an application program interface (API) and webhooks that enable mortgage lenders to establish real-time data syncing between SimpleNexus and non-integrated third-party systems, including customer relationship management (CRM) platforms and loan origination systems (LOSs).

Lenders can leverage the API to instantly relay loan application data collected by the SimpleNexus digital mortgage app to a CRM for use in automated marketing campaigns. The API may also be used to automatically update SimpleNexus with organizational changes made in the lender's LOS or other system of record as well as syncing loan activity data for LOSs not currently integrated with the SimpleNexus digital mortgage platform.

Additionally, SimpleNexus customers may now leverage webhooks to trigger data sharing whenever a specific event occurs within the SimpleNexus platform. Trigger events include the creation, update or deletion of a user.

"Staying hyperconnected with borrowers and partners is critical to boosting closed loan rates and reducing closing times," said SimpleNexus Founder and CEO Matt Hansen. "Our newly introduced open API and webhooks give lenders the freedom to optimize connectivity with any number of preferred third-party systems. That data connectivity is exactly what lenders need to expedite origination times and deliver a superior borrower experience."

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. To begin streamlining your origination processes with the SimpleNexus API or webhooks, contact us here: https://simplenexus.com/sn/contact-us/.

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 #API #webhooks

SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced the availability of an application program interface (API) and webhooks that enable mortgage lenders to establish real-time data syncing between SimpleNexus and non-integrated third-party systems.

Related link: https://simplenexus.com/

CMG Financial Accelerates Loan Originator Compensation and Delivers Loan-Level Insights to Management with LBA Ware’s CompenSafe

MACON, Ga. /ScoopCloud/ -- LBA Ware(TM), provider of the leading automated incentive compensation and sales performance management platform for mortgage lenders, has partnered with CMG Financial to streamline incentive compensation for the lender's more than 500 loan originators (LOs) and other commission- and bonus-based employees.

"As our retail business volume grew, it was important to find a technology to automate compensation calculations for commissions, bonuses and overrides," said CMG Financial Vice President of Human Resources Melissa Harbourne. "The implementation of CompenSafe has not only alleviated the strain of manual calculations, allowing us to strategically reallocate resources, but also opened a window of real-time visibility into compensation and bonus earnings. Providing that visibility not only to our retail employees, but also to our cross-functional departments such as our compensation team, HR business partners and payroll staff allows these support functions to resolve compensation disputes from the business unit in a timely and efficient manner."

Branch and senior managers at CMG Financial have also begun leveraging CompenSafe's reporting capabilities to improve pipeline management and monitor expenses. Built-in reports make it easy for managers to compare current production to historical trends, and they now know exactly how much the company is paying out in commissions and bonuses at the individual loan level.

"A critical aspect of developing and retaining LO talent is building trust, transparency and accountability into the fabric of daily operations," said LBA Ware Founder and CEO Lori Brewer. "CompenSafe helps CMG Financial deliver on its commitment to these values and delivers efficiencies and business insights that scale with the company's growth."

About CMG Financial

CMG Financial is a well-capitalized, privately held mortgage-banking firm founded in 1993. The company makes its products and services available to the market through three distinct origination channels, including Retail Lending, Wholesale Lending and Correspondent Lending.

CMG Financial currently operates in all states, including the District of Columbia, and holds federal agency lending approvals with HUD, VA, RHS, GNMA, FNMA and FHLMC. Throughout the mortgage banking and housing markets, CMG Financial is widely known for responsible lending practices, industry and consumer advocacy, product innovation and operational efficiency. More information: https://www.cmgfi.com/.

About LBA Ware

Founded in 2008, LBA Ware's mission is to inspire opportunity by delivering solutions that are essential to the way mortgage companies operate. We are a trusted partner and play a key role in our clients' success by enabling them to motivate, incentivize and better leverage the human potential within their organizations. Our applications automate traditionally manual business processes for which an existing software solution does not exist, empowering lenders to create an integrated software environment that maximizes their productivity and operational efficiency. For more information about LBA Ware and our software solutions, visit https://lbaware.com.

Twitter: @LBAWare @CMGFI #mortgagebanking #digitalmortgage #CompenSafe

LBA Ware(TM), provider of the leading automated incentive compensation and sales performance management platform for mortgage lenders, has partnered with CMG Financial to streamline incentive compensation for the lender's more than 500 loan originators (LOs) and other commission- and bonus-based employees.

Related link: https://lbaware.com/

ReverseVision Taps Sunny Mahdii as Vice President of Operations

SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced it has appointed Sunny Mahdii to the position of vice president of operations. In this role, Mahdii will work with ReverseVision's professional services, training, implementation, document management and customer success teams to execute a holistic operations strategy.

"Seniors have a strong appetite for flexible financial products capable of catering to their varied, aging-related needs, yet the vast majority loan officers will never present aging borrowers with a HECM or proprietary reverse product," said ReverseVision CEO John Button. "We've brought on Sunny to help us bridge the current forward-reverse technology gap that stymies loan officers from offering senior lending products to the very borrower population those products are designed to serve. We are thrilled to bring on a dedicated staff resource to help our clients uplift senior lending products into operational and technological coexistence with forward loans."

Before joining ReverseVision, Mahdii was director of operations and business development at American Reverse Group, where she directed lending team operations, budgeting and marketing functions. Prior to that, Mahdii was branch manager at Security 1 Lending, where she oversaw the company's two most profitable branch locations, which produced $20 million in monthly volume. Mahdii also launched a reverse mortgage division during her tenure at Omni Home Financing.

"ReverseVision is a leader in digital mortgage technology and am excited to help them equip mortgage lenders with strategies and tools that yield successful business outcomes in today's competitive marketplace," said Mahdii.

About ReverseVision:

ReverseVision, Inc. is the leading software and technology provider for the reverse mortgage industry, offering products and services focused exclusively on the home-equity conversion mortgage (HECM) and related reverse mortgage programs. With nearly 10,000 active users, ReverseVision technology is used by 10 out of 10 top reverse mortgage lenders and supports more reverse mortgage transactions than all other systems combined.

The company's comprehensive product suite also includes reverse mortgage sales and education tools and a dedicated professional services team. ReverseVision partners with some of the finest and fastest-growing banks, credit unions and lending organizations in the United States to provide its reverse mortgage technology to brokers, correspondents, lenders and investors.

A four-time HousingWire TECH100(TM) company, ReverseVision has also been recognized in Deloitte's Technology Fast 500(TM) listing. The company continues to build on its technology's pioneering capabilities with frequent enhancements aimed at boosting users' reverse mortgage volume, workflow efficiency and data analysis capabilities.

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

Twitter: @ReverseVision #HECM #DigitalMortgage

ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced it has appointed Sunny Mahdii to the position of vice president of operations. In this role, Mahdii will work with ReverseVision's professional services, training, implementation, document management and customer success teams to execute a holistic operations strategy.

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

New Capital Partners Invests in ARMCO

BIRMINGHAM, Ala. /ScoopCloud/ -- New Capital Partners (NCP), a private equity firm in Birmingham, Ala., today announces that it has partnered with Pompano Beach, Fla.-based ACES Risk Management Corp. (ARMCO), the leader in web-based quality assurance software for the financial services industry.

ARMCO provides a wide range of mortgage quality control (QC), compliance and transaction risk management technologies. Their product line includes loan quality enterprise software, services, data and analytics, and their flagship product, ACES Audit Technology(tm), is used at virtually every point in the mortgage life cycle, setting the industry standard for user definability.

Adam Cranford, Managing Director of New Capital Partners, said, "We are excited to partner with the outstanding team at ARMCO. The team has done a tremendous job building a market-leading product suite and providing best-in-class service and support to their customers. Broad use of ACES by top banks, lenders and servicers in the country attests to the strength of the product and the ARMCO professional team. We are looking forward to working with the team to drive continued growth and innovation."

Avi Naider, CEO of ARMCO, said, "We are excited to begin our relationship with New Capital Partners. Their operational experience and track record of creating value with growth-stage companies was a perfect fit for ARMCO's current growth phase. The team members at NCP are thought leaders and industry experts in banking technology, and we look forward to continuing to build a great company through this partnership."

Berkery Noyes served as exclusive financial advisor to ARMCO.

About New Capital Partners:

New Capital Partners (NCP) is a private equity firm comprised of former operators headquartered in Birmingham, Ala. NCP makes investments in niche, tech-enabled services companies in the healthcare, financial and business services industries. Leveraging its extensive operational experience, NCP helps create significant value in portfolio companies by cultivating true partnerships with management teams and focusing on one core goal: Building Great Companies. For more information, please visit https://newcapitalpartners.com/.

About ARMCO:

Over half of the top 20 mortgage lenders in the U.S. choose ARMCO as their provider for transaction 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.

New Capital Partners (NCP), a private equity firm in Birmingham, Ala., today announces that it has partnered with Pompano Beach, Fla.-based ACES Risk Management Corp. (ARMCO), the leader in web-based quality assurance software for the financial services industry.

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