Tag Archives: FinTech

Anow Enterprise lets lenders and appraisal firms tap into the industry’s first peer-to-peer appraiser network

RED DEER, Alberta /ScoopCloud/ -- Anow, developer of appraisal firm management software that simplifies the way real estate appraisers manage their businesses, today announced the release of Anow Enterprise, a cloud software suite that connects individual appraisal companies to form service networks that can efficiently provide localized service at scale.

Designed to help individual appraisers meet the capacity needs of mortgage lenders, large appraisal firms and appraisal management companies (AMCs), Anow Enterprise is now widely available following a successful beta period during which thousands of appraisals passed through the system.

"Anow Enterprise can build appraiser networks of any size, from linking a handful of independent firms that want to better serve their local market to connecting tens of thousands of appraisers across North America with the appraisal management systems used by larger firms and AMCs," said Anow Founder and CEO Marty Haldane.

Anow Enterprise's first-of-its-kind order management framework enables a true peer-to-peer system, where any participant in the network can originate an appraisal order and route it to others.

"Anow Enterprise is allowing us to grow by bringing appraisers into our team from locations outside our central service area," explained Jeff Morley, partner at Accurity Valuation franchisee Morley and McConkie Appraisal. "Even if they're working in other states, we can integrate them into our office process and provide the same level of service as though they were working in the office next door."

"The combination of Anow Enterprise with our core Anow platform gives appraisers the most sophisticated tech stack in the valuation industry, enabling rapid order completion and unprecedented levels of appraiser productivity," added Haldane. "Anow Enterprise's ability to adapt to the service needs of the local market within a national framework of performance-enhancing tools represents a huge leap forward in innovation for appraisers and their customers."

The maiden release of Anow Enterprise is comprised of four "modules" or toolsets:

* Automated scheduling based on an appraiser's office location, existing appointment route and real-time GPS location

* Service Network tools designed to help clients build appraiser panels, intelligently distribute appraisal orders, manage users and payments, monitor compliance and produce financial and coverage reports

* Performance & Communication tools for monitoring and managing the performance of network appraisers, including individual performance scorecards, customized workflows for any order type and multiple messaging channels

* Review Management tools for interfacing with the client's review desk, including automated rules and custom review workflows for individuals and teams

Anow Enterprise is built to accommodate plug-and-play API integrations with third-party ordering and finance systems. In addition, all Anow Enterprise users will receive gratis multi-user access to the forthcoming Anow NEXUS report-writing, quality control and risk management suite.

"Anow Enterprise is the ultimate platform for managing teams of appraisers, from advanced order assignment based on real-time availability to customizable scorecards and QC checklists," finished Marty Haldane. "Anow's core platform has been radically simplifying life for appraisers since its debut. Now lenders, commercial and residential appraisal firms, and AMCs can experience appraiser network management technology that brings outdated legacy process into the digital age."

For a demo of Anow Enterprise, visit https://anow.com/enterprise/.

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.

Twitter: @AppraisersNow #appraisaltech #digitalmortgage #AMCs #mortgagelending

VIDEO (YouTube):
https://www.youtube.com/watch?v=QbX7bgjkdxg&feature=youtu.be

Anow, developer of appraisal firm management software that simplifies the way real estate appraisers manage their businesses, today announced the release of Anow Enterprise, a cloud software suite that connects individual appraisal companies to form service networks that can efficiently provide localized service at scale.

Related link: https://anow.com/

Level One Bank Enlists CompenSafe to Automate Incentive Compensation After Doubling Its Mortgage Division

MACON, Ga. /ScoopCloud/ -- LBA Ware(TM), provider of the leading automated incentive compensation and sales performance management platform for mortgage lenders, announced today that Level One Bank (NASDAQ: LEVL) has chosen CompenSafe(TM) to automate incentive compensation for mortgage loan originators and support staff across the community bank's mortgage loan center and branch locations.

The decision to move from manual, spreadsheet-based commission calculation to a full-featured compensation management platform was spurred in part by the bank's rapid growth. After acquiring several banks and absorbing MB Financial Bank's mortgage division in July 2018, Level One's own mortgage team effectively doubled in size. The increased number and complexity of compensation plans made the calculation of commissions earnings and periodic bonus payouts more time-consuming .

"CompenSafe created significant efficiencies for our payroll department, saving countless hours of manual labor and eliminating the risk of human error," said Level One Bank Executive Vice President, Consumer Banking Officer, Timothy R. Mackay. "Additionally, it has improved compensation transparency with our loan originators who now have the ability to login and view their pipeline and payroll information at any time."

"Before CompenSafe, I spent a full day running commissions every two weeks," said Level One Bank Senior Accountant Christen Inchaustegui. "Now it takes me 10 minutes to pull together my reports. CompenSafe has also made incentive compensation more transparent for loan originators, who can log in and look at their pipeline and payroll snapshot at any time."

"As a community bank that embraces technology and always looks for ways to do things better, Level One Bank saw right away how CompenSafe could improve both routine commissions processes and long-term compensation plan management," said LBA Ware Founder and CEO Lori Brewer. "We were proud to help Level One manage its growing pains by getting CompenSafe up and running in a matter of just a couple months."

About Level One Bank

Level One Bank (NASDAQ: LEVL) is a full-service, 5-star BauerFinancial rated commercial and consumer bank headquartered in Michigan with assets of approximately $1.5 billion. It currently operates eleven full-service banking centers located throughout Southeast Michigan and West Michigan. Level One Bank's success has been recognized both locally and nationally as the U.S. Small Business Administration's (SBA) 'Community Lender of the Year' and 'Export Finance Lender of the Year', one of S&P Global's Top 10 'Best-Performing Community Banks' in the nation, and one of American Banker Magazine's 'Best Banks to Work For'. Level One's Commercial Division provides a complete menu of products including lines of credit, term loans, leases, commercial mortgages, SBA loans, Export-Import Financing, and a full suite of Treasury Management and Private Banking services. The Consumer Division offers personal savings and checking accounts and a complete array of consumer loan products including residential mortgages, home equity, auto, and credit card services. Level One Bank offers a variety of online banking services and a robust mobile banking application for individuals and businesses. Level One Bank offers the sophistication of a big bank, the heart of a community bank, and the spirit of an entrepreneur. For more information, please visit www.levelonebank.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 @LevelOneBank #mortgagebanking #digitalmortgage #CompenSafe

Ticker: NASDAQ:LEVL / NQ: LEVL

LBA Ware(TM), provider of the leading automated incentive compensation and sales performance management platform for mortgage lenders, announced today that Level One Bank (NASDAQ: LEVL) has chosen CompenSafe(TM) to automate incentive compensation for mortgage loan originators and support staff across the community bank's mortgage loan center and branch locations

Related link: https://lbaware.com/

NRL Mortgage Now Offering FormFree’s AccountChek Automated Asset Verification to Borrowers Nationwide

ATLANTA, Ga. /ScoopCloud/ -- FormFree(R) today announced that loan originators and support staff at NRL Mortgage are now offering AccountChek(R) automated asset verification to loan applicants nationwide. AccountChek gives borrowers a convenient and secure way to verify their assets without having to print, scan or fax bank statements.

Houston-based NRL Mortgage selected AccountChek for its streamlined borrower experience, off-the-shelf integration with the Ellie Mae(R) Encompass(R) loan origination system and participation in rep and warrant relief initiatives offered by Fannie Mae and Freddie Mac. The lender's growth over the last year makes it a standout in the mortgage industry, which experienced an overall decline in year-over-year volume.

"NRL Mortgage prides itself on bringing our customers reliability and excellence in the residential lending experience, and to that end we are always looking to align ourselves with like-minded mortgage service providers like FormFree," said NRL Mortgage Chief Operations Officer Kevin Murphy.

"FormFree is proud to support a thriving company like NRL Mortgage with verification services that make the lending experience smoother and more secure for both originators and borrowers," said FormFree Founder and CEO Brent Chandler.

NRL Mortgage employs nearly 200 loan officers and serves borrowers in 46 states coast-to-coast. Recognized by the Houston Chronicle as a top workplace for four years in a row, NRL is Houston's highest-ranked employer in the financial services segment.

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.

About NRL Mortgage:

Founded in 2007 and headquartered in Houston, Texas, NRL Mortgage is currently licensed in 48 states and the District of Columbia. We specialize in the origination of residential mortgage loans across the United States. These loans include conforming conventional loans, jumbo loans, loans guaranteed by the Veterans Administration, loans insured by the Federal Housing Administration and loans backed by Rural Housing Department/ USDA. NRL has appeared on the Inc. 5000 list of fastest-growing private companies, the Houston Chronicle's Top Workplaces, and the Houston Business Journal's Fast 100. For more information: https://nrlmortgage.com/

Twitter: @RealFormFree @NRLMortgage #AccountChek #digitalmortgage #mortgagelending

Instagram: @NRLMortgage

FormFree today announced that loan originators and support staff at NRL Mortgage are now offering AccountChek automated asset verification to loan applicants nationwide. AccountChek gives borrowers a convenient and secure way to verify their assets without having to print, scan or fax bank statements.

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

OpenClose and Vice Capital Markets Integrate for Enhanced Hedging Automation

WEST PALM BEACH, Fla. /ScoopCloud/ -- OpenClose(R), an industry-leading multi-channel loan origination system (LOS) and digital mortgage fintech provider, announced the completion of an integration with Vice Capital Markets Inc., an established mortgage hedge advisory firm. Focused on maximizing hedging efficiencies, the new interface reduces the time to prepare and deliver loan data and eliminates the manual intervention that occurs today, automating an ongoing seamless delivery of data. In addition, loan sale data is directly boarded back to OpenClose, automating the final loan reconciliation and expected versus actual variance analysis.

The integration takes loan-level lock data from OpenClose's LenderAssist(TM) LOS and securely transmits it directly to Vice Capital's hedging platform. This eliminates multiple manual steps and potential "break-points" in the overall process thus saving time, reducing errors, and increasing visibility that results in optimized position management.

"Our customer success is dependent on speed and accuracy, especially as it relates to effective hedging and trade management strategies," said Vince Furey, CRO at OpenClose. OpenClose is pleased to partner with Vice Capital in order to help our mutual customers maximize profitability and minimize risk in the secondary market. Using this integration, our customers are able to operate more efficiently in a fast-moving, tech-driven lending landscape."

"The less work our customers have to do, the better it is for all parties involved," says Chris Bennett, principal at Vice Capital Markets Inc. "When lenders perform a physical allocation of their loans, all of that data is now pulled straight from OpenClose's LOS, which accompanies a number of efficiencies that make the entire process quicker, easier and more accurate."

About OpenClose:

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

About Vice Capital Markets:

Entering its 20th year in business, Vice Capital Markets offers complete hedge advisory, reporting, and trading services to banks and mortgage companies throughout the country. Trading over $70 billion annually, Vice Capital's proprietary risk-management models and complex investor and agency best execution platform have consistently yielded safe and effective profit maximization for its clients. Learn more at https://www.vicecapitalmarkets.com/ or call (248) 869-8100.

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

Twitter: @openclosesocial #OpenClose #ViceCapitalMarkets #SecondaryMarketingAutomation #WesternSecondary

OpenClose(R), an industry-leading multi-channel loan origination system (LOS) and digital mortgage fintech provider, announced the completion of an integration with Vice Capital Markets Inc., an established mortgage hedge advisory firm. Focused on maximizing hedging efficiencies, the new interface reduces the time to prepare and deliver loan data and eliminates the manual intervention that occurs today, automating an ongoing seamless delivery of data.

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

FormFree Partners with FundingShield to Deliver Enhanced Wire Fraud Protection to FormFree’s Network of More than 1,000 Mortgage Lenders

ATLANTA, Ga. /ScoopCloud/ -- FormFree(R) today announced that it has entered into a strategic alliance with FundingShield, a fintech firm that safeguards homebuyers, mortgage lenders and title insurance underwriters from wire fraud.

FundingShield's loan-level verification services assure closing funds transferred at the end of a mortgage loan transaction go to verified bank accounts belonging to authorized recipients. FormFree will integrate FundingShield's Wire Account Verification Service (WAVS) into its Passport(R) all-in-one verification solution as a value-added service available to more than 1,000 mortgage lenders and their customers, including those who use Passport through one of FormFree's more than 100 integrations and reseller partnerships.

"FundingShield creates a more secure closing experience for all parties involved in a loan, from the borrower to the investor and all the service providers in-between," said Ike Suri, Chairman & CEO of FundingShield. "By partnering with FormFree, we'll be able to put that protection directly in the hands of mortgage lenders, loan officers and applicants, reducing their risk of lost funds and delayed closings due to fraud."

"Passport by FormFree is the secure, digital version of a consumer's financial ID that contains everything creditors need to know about a loan applicant," said FormFree Founder and CEO Brent Chandler. "Our alliance with FundingShield, which gives Passport users access to industry-leading wire fraud protection, is a perfect fit for FormFree's focus on making lending more secure and transparent."

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.

About FundingShield

FundingShield is a leading provider of risk management, fraud prevention and regulatory compliance technology solutions protecting the mortgage, real estate, title and legal industries. FundingShield's award winning FinTech solutions deliver the highest level of control and risk mitigation against wire fraud, settlement risk, third-party vendors and cyber fraud while improving the bottom line. The firm's proprietary database of title and settlement parties is the largest in the industry with live, verified and vetted data. FundingShield's services deliver actionable intelligence at the transaction level with coverage up to $5 million per transaction leveraging the firm's cognitive AI and machine learning tools. These user-centric solutions are plug'n play, scalable, pay as you go, secure, cloud-based and integrate easily through its APIs. FundingShield is a HousingWire Tech100(TM) company for the year 2019.

For more information on FundingShield or to speak with the sales or product team, email sales@fundingshield.com, call 800-295-0135 ext. 2 or visit https://www.fundingshield.com/.

Twitter: @RealFormFree #FundingShield #AccountChek #Mortgagebot #digitalmortgage #mortgagelending #WireFraud #RiskManagement #FinTech #MortgageTech #RegTech

FormFree(R) today announced that it has entered into a strategic alliance with FundingShield, a fintech firm that safeguards homebuyers, mortgage lenders and title insurance underwriters from wire fraud.

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

Total Expert and ReverseVision Team Up to Transform the Reverse Mortgage Customer Journey

SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision, the leading provider of technology and training for the reverse mortgage industry, today announced a partnership with Total Expert, creator of the first marketing operation system (MOS) specifically for banks and mortgage lenders. The two companies have deployed an API integration that links the Total Expert MOS with ReverseVision's RV Exchange (RVX) loan origination platform, enhancing the customer journey for reverse mortgage borrowers and enabling originators to better serve customers at all walks of life.

Total Expert offers a centralized platform that helps mortgage lenders manage their brands at an enterprise level with multi-channel marketing solutions, contact management, audit-ready compliance and built-in support for co-branded marketing campaigns. The system lets lenders orchestrate and deploy marketing campaigns across any channel (e.g., email, print, social media, text, video) and create hyperpersonalized relationships that keep prospects moving through the purchase decision tree.

The partnership between ReverseVision and Total Expert enriches the Total Expert platform with ReverseVision's expert insight into the reverse mortgage customer journey. Features include customized decision trees, specialized marketing communications and sales activities designed to help "forward" and reverse mortgage origination teams identify mutual opportunities.

"When it comes to reverse mortgages, no one understands how to build the relationship between loan officer and borrower better than ReverseVision," said Total Expert President Jeff Walton. "We're pleased to deliver that expertise to lenders as part of an integrated approach to sales and marketing that combines automation and personalization and that scales for any organization."

"By pairing RVSA with Total Expert's MOS, we've developed a package of generationally-comprehensive loan modeling and marketing tools that are readily scalable in format," said ReverseVision VP of Sales and Marketing Wendy Peel. "Bringing HECM's forward helps lenders better serve senior borrowers by matching them with the lending products that best meet their financial goals."

About Total Expert, Inc.

Total Expert is a fintech software pioneer of the first modern, enterprise-level Marketing Operating System (MOS) that enables lending and financial services firms to create customers for life by blending human relationships with digital simplicity. We power marketing and revenue growth for 10% of $2 trillion per year U.S. mortgage industry, and ensure banks and lenders stay ahead of how consumers expect to communicate, shop, and manage their financial lives in the digital/social era. For more information, visit https://totalexpert.com/.

About ReverseVision

ReverseVision, Inc. is the leading provider of technology and training for the reverse mortgage industry. With nearly 10,000 active users, ReverseVision technology is used by 10 of the top-ten 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 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 @TotalExpertInc #reversemortgage #HECM #digitalmortgage

ReverseVision, the leading provider of technology and training for the reverse mortgage industry, today announced a partnership with Total Expert, creator of the first marketing operation system (MOS) specifically for banks and mortgage lenders. The two companies have deployed an API integration that links the Total Expert MOS with ReverseVision's RV Exchange (RVX).

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

Mace Innovations Hires Chris Giles as Director of Business Development

SALT LAKE CITY, Utah /ScoopCloud/ -- Mace Innovations announced today that it has brought in Chris Giles as Director of Business Development. After years of working with a small group of curated clients, Mace Innovations has decided to expand operations and start working with companies across the entire mortgage industry. The firm's objective is to save companies money by introducing automation tools and seamless integration between critical systems.

Mace Innovations' suite of automation products allows companies to streamline time consuming tasks like data input and document delivery, freeing up employees to get more done.

"Giles has a very impressive sales background and bringing him on board was an easy decision," said Founder and CEO Chris Mace. "His sales experience makes him an invaluable employee and hiring him is the first among many steps towards growing in our industry."

Giles comes to Mace Innovations after spending nearly three years with Tesla in Salt Lake City. Giles launched the local sales operations for Tesla in Utah. Under his leadership, Salt Lake City ranked number one in the nation for one quarter and was consistently ranked among the top Tesla stores nationwide. On behalf of Tesla, Giles also worked with Salt Lake City and Utah lawmakers to change legislations surrounding car dealerships.

About Mace Innovations:

Mace Innovations is changing the landscape of the mortgage industry by helping lenders to work smarter, not harder since 2014. Mace Innovations automation tools work directly and efficiently with Encompass to allow lenders to automate tasks and improve workflow.

To learn more, visit https://maceinnovations.com.

Mace Innovations announced today that it has brought in Chris Giles as Director of Business Development. Mace Innovations' suite of automation products allows companies to streamline time consuming tasks like data input and document delivery, freeing up employees to get more done.

Related link: https://maceinnovations.com/

CPROP Partners with The Mortgage Collaborative as Its Exclusive Blockchain Vendor

COVINGTON, Ky. /ScoopCloud/ -- CryptoProperties LLC (CPROP) is pleased to announce it has signed an agreement with The Mortgage Collaborative (TMC) to join its Preferred Partner Network as TMC's exclusive provider of blockchain-enabled products and services.

"We are highly intrigued by the potential advantages blockchain can deliver to the mortgage industry, both in terms of operating efficiencies and product innovation," TMC Chief Operating Officer Rich Swerbinsky said. "We look forward to working closely with CPROP to help our members remain at the forefront of the industry and continue to grow market share."

"We are honored to join TMC's network of top tier lenders and strategic partners," said CPROP Co-founder Sandy Selman. "TMC's platform affords us an ideal opportunity to work directly with the lending community to tackle industry pain points and deploy solutions that advance the mortgage industry - one of the key real estate industry sub-sectors served by CPROP."

Debbie Hoffman, who has joined CPROP as a senior advisor, will serve as the senior executive for the TMC client relationship.

"This partnership between TMC and CPROP will serve both parties extremely well," Hoffman said. "CPROP's ability to deliver tailored and focused blockchain mortgage initiatives to TMC members will enable the industry to develop added efficiencies across the mortgage lifecycle."

About The Mortgage Collaborative:

Founded in 2013, TMC is the largest independent mortgage cooperative in America, serving more than 155 lender members, with an aggregate annual origination volume of over $200 billion. The lender network is supported by a preferred partner network of best-in-class companies that specialize within each facet of the mortgage life cycle. TMC empowers mortgage lenders across the country with better financial execution, reduced costs, enhanced expertise and improved compliance to help its members access the dynamic and changing consumer base in America.

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

About CPROP:

As a thought leader in blockchain-enabled solutions in real estate, CPROP develops and deploys proprietary and white-labeled apps across the real estate value chain, using blockchain where appropriate, to help its partners and clients reduce business risk, address pain points and capture new revenue opportunities.

For more information, please visit http://cprop.io or send your inquiry to info@cprop.io.

CryptoProperties LLC (CPROP) is pleased to announce it has signed an agreement with The Mortgage Collaborative (TMC) to join its Preferred Partner Network as TMC's exclusive provider of blockchain-enabled products and services.

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

SimpleNexus Bolsters Senior Leadership Team to Support Expanding Roster of Mortgage Lender Clients

LEHI, Utah /ScoopCloud/ -- SimpleNexus (https://simplenexus.com/), developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced that it has bolstered its senior leadership team with the appointments of three vice presidents to support the company's rapidly expanding roster of mortgage lender clients.

"Our rapidly growing user base underscores a strong lender appetite for digital mortgage tools that help fill referral pipelines and improve loan application conversion," said SimpleNexus President and COO Ben Miller. "We are proud to welcome three talented leaders who share SimpleNexus' commitment to excellence and innovation."

The newly appointed executives are:

* Kent Besaw, VP of Customer Success
Besaw possesses 17 years of management experience in the financial services and technology sectors and a proven track record of accelerating the growth and impact of customer success teams. In his role as VP of customer success, Besaw will help maximize client outcomes and loyalty. Prior to joining SimpleNexus, Besaw held positions as director of customer success at SaltStack, an IT automation software company, and Instructure, an education and professional development platform. Besaw earned his master's degree in business administration from Brigham Young University.

* Kevin McKenzie, VP of Finance
McKenzie has 15 years' experience in financial analysis and controllership. As VP of finance, McKenzie will leverage his finance and accounting acumen to fiscally position SimpleNexus for the next stage of its development. Previously, McKenzie held VP of finance roles at Zane Benefits and AdvancedMD, where he successfully led finance teams to drive scalable growth. McKenzie holds a master's degree in business administration from Westminster College and a bachelor's degree in finance from the University of Utah.

* Shane Westra, VP of Product
Westra brings a twenty-year background in product development to his role as VP of product for SimpleNexus. Westra's penchant for identifying elegant solutions to complex problems will guide his team's development of SimpleNexus products and user experiences. His past roles in Silicon Valley and Utah's local tech scene have helped companies such as Bynder and LexisNexis grow revenue and establish mature and scalable product development lifecycles. Westra holds a master's degree in business administration from Brigham Young University.

Besaw, McKenzie and Westra join SimpleNexus' highly decorated leadership team, whose members have been honorees of the HousingWire Vanguard award, HousingWire Rising Star award and National Mortgage Professional's 40 Under 40 award.

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

About 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 #newhires #peoplemovers

SimpleNexus (simplenexus.com), developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced that it has bolstered its senior leadership team with the appointments of three vice presidents to support the company's rapidly expanding roster of mortgage lender clients.

Related link: https://simplenexus.com/

Mann Mortgage Revamps Loan Originator (LO) Compensation Structure, Gains Cost-Efficiency and Flexibility 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, announced today that Mann Mortgage has successfully overhauled its incentive compensation plan structure and management with CompenSafe(TM).

After doubling in size over two years, Montana-based lender Mann Mortgage embarked on a companywide process-improvement effort that included revamping its compensation structure to scale with the company's growth and evolving market conditions. In LBA Ware's CompenSafe, Mann Mortgage found an automated incentive compensation and sales performance management platform flexible enough to accommodate an overhaul of its entire compensation structure and powerful enough to monitor and help optimize sales performance over time.

"Since margin compression hit the industry, the war for talent has become more aggressive, making it a challenge to manage the cost of LO compensation," said Mann Mortgage CEO Jason Mann. "CompenSafe has enabled us to efficiently and compliantly reward LOs with attractive commissions while protecting our bottom-line profitability."

Because CompenSafe integrates directly with Mann Mortgage's loan origination system, Ellie Mae(R) Encompass(R), the lender can access the detailed loan-to-branch-level reporting it needs to build cost-effective compensation plans that incent performance and attract talent. Moreover, CompenSafe's flexibility has allowed Mann Mortgage to easily set up unique compensation plans without having to create manual workarounds that hinder accuracy and efficiency.

"CompenSafe is transforming the way lenders do business by translating lender data into actionable insights that inform better business decisions," said LBA Ware Founder and CEO Lori Brewer. "Our goal is to help lenders grow production and profitability with top-notch mortgage technology."

A case study detailing Mann Mortgage's implementation of CompenSafe is available for download.

About Mann Mortgage

Kalispell, Montana-based Mann Mortgage is a family-owned, independent lender that emphasizes community relationships, honesty and integrity. Since its founding in 1989, Mann Mortgage has been committed to hometown values, solid partnerships, streamlined processes and cutting-edge technologies. Mann Mortgage has retail branches in 17 states and is a licensed lender in 24 states. For more information about Mann Mortgage, visit https://mannmortgage.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 @MannMortgageLLC #mortgagebanking #digitalmortgage #CompenSafe

LBA Ware(TM), provider of the leading automated incentive compensation and sales performance management platform for mortgage lenders, announced today that Mann Mortgage has successfully overhauled its incentive compensation plan structure and management with CompenSafe(TM).

Related link: https://lbaware.com/

NotaryCam Anticipates 2019 Banner Year, Citing Growing Adoption of Remote Online Notary, Remote Online Closing

NEWPORT BEACH, Calif. /ScoopCloud/ -- NotaryCam(R), creator of remote online notarization (RON), acknowledged leader in online notarization and original provider of patented mortgage eClosing solutions, today announced it is extending its 2018 record growth to another unprecedented performance in 2019. Following a nearly 140 percent 2018 increase in new users, NotaryCam surpassed 200,000 users in the first half of 2019, and is on pace to add 10,000 users monthly.

"NotaryCam's first-mover advantage and persistence have really earned dividends. By any measure, 2018 was the most impressive year to date in NotaryCam's history, and that momentum continues to propel us in 2019," said NotaryCam Founder and CEO Rick Triola. "Further, we've sustained our robust new user growth without technical glitches or notary/customer downtime, ensuring consumers, lenders and settlement professionals maintained reliable access to the NotaryCam platform for all their notarization and closing needs."

Throughout its growth trajectory, NotaryCam has achieved and sustained the highest Net Promoter Score (NPS) in the niche and remains the only platform that scales in every jurisdiction, meaning NotaryCam alone provides mortgage lenders and their settlement agents the competitive advantage of closing how the client wants to close.

NotaryCam's expansion includes growing international demand, as illustrated by its role in successfully closing RON transactions in 146 countries just in the last month. In Q3, the firm will open an international headquarters in Richmond, Virginia, while expanding its notary pool across the country.

"With real estate and mortgage transactions at an all-time high, our 2019 growth outlook is rosy mid-year as we work behind the scenes to advance adoption of remote online notarization and remote online closings nationwide," Triola added. "We not only just recently completed our first Florida transaction, but also helped a major provider of title insurance and transaction services complete its first remote notarization in Texas. Across the board we're now closing daily what we previously have done in a year."

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 145 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), creator of remote online notarization (RON), acknowledged leader in online notarization and original provider of patented mortgage eClosing solutions, today announced it is extending its 2018 record growth to another unprecedented performance in 2019. Following a nearly 140 percent 2018 increase in new users, NotaryCam surpassed 200,000 users in the first half of 2019, and is on pace to add 10,000 users monthly.

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

DocMagic and LendingPad Integrate for Easy, Compliant Document Preparation and eSigning

TORRANCE, Calif. /ScoopCloud/ -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that it has completed an integration with cloud-based loan origination system (LOS) provider LendingPad from WEI Technology LLC, offering its document preparation services directly from within the LendingPad environment.

The new integration was completed in only 60 days and provides seamless access to DocMagic's fully TRID-compliant documents, state-specific disclosures and paperless digital mortgage process. Users are able to order, generate, manage, receive and deliver electronically signed TRID-compliant documents such as the loan estimate (LE), closing disclosure (CD) and other relevant lending documentation.

"DocMagic believes in establishing system-to-system connectivity to as many parties as possible in order to efficiently and expeditiously complete transactions and close loans on time," stated Steve Ribultan, director of business development at DocMagic. "Partnering with LOS providers like LendingPad is key to our goal of eliminating paper, ensuring compliance, and making the end user's job as easy as possible."

DocMagic's Audit Engine automates data and document validation throughout key phases in the lending process with continuous compliance checks, providing accuracy at all times. Mutual customers will realize greater efficiency and compliance adherence due to this integration. It significantly reduces time and costs, ensures data integrity, and eliminates errors that can lead to non-compliance.

"We are pleased to partner with the industry-leading loan document preparation provider and look forward to a long-term relationship with DocMagic," said Wes Yuan, managing director of WEI Technology. "With both of our platforms being completely SaaS and Cloud-based, there are a number of additional capabilities we can jointly leverage to make the life of the lender, originator and borrower much easier via digital lending."

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 LendingPad(R):
7
Residential mortgage professionals created LendingPad's innovative loan origination system (LOS) to help lenders to make better lending decisions, to provide an exceptional user experience, and to enhance individual originators' ability to succeed. Leveraging from a highly-scalable cloud infrastructure, LendingPad is a web-based, end-to-end platform offering unique features such as same-file multi-user edit capabilities and real-time updates. LendingPad Network is a hub connecting borrowers, lenders and service providers. The solutions LendingPad offers elevate the efficiency, compliance, and information security of brokers, lenders, and depository institutions. LendingPad is a Premier Member of the Mortgage Bankers Association and a proud winner of HousingWire's Tech100 award. LendingPad is a product of WEI Technology LLC, headquartered in McLean, Va. Visit the company's website to learn more https://www.lendingpad.com/.

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

Twitter: @DocMagic @LendingPad #LoanDocumentPreparation #LoanOriginationSystemIntegration #eSigning #SaaS #fintech

DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that it has completed an integration with cloud-based loan origination system (LOS) provider LendingPad from WEI Technology LLC, offering its document preparation services directly from within the LendingPad environment.

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

Homebot Aims to Improve Prequal-to-App Pull Through with Buyer Enhancements to Its Customer Engagement Platform

DENVER, Colo. /ScoopCloud/ -- Homebot, a customer engagement platform that delivers financial scenarios to help homeowners build wealth, today announced major enhancements to the homebuying side of its platform. The latest release inserts lenders into the market search process by integrating prompts for buyers to obtain a prequal or preapproval, lock a rate, and inquire about down payment with a single click. And, to instill a sense of urgency, future buyers can see how their buying power has changed over time as well as which markets best match their lifestyle, price point, and buying timeline.

"The market explorer includes several natural conversation starters and instant LO contact to propel buyers toward next steps. Coupled with the enhanced personalization and lifestyle indicators that show the buyer's goals and timeline, LOs can work smart and focus on the buyers that are ready to apply," said Homebot CEO Ernie Graham.

"Homebot has had years of proven success in driving repeat and referral business from our borrowers," said Wes Tool, Retail Branch Manager, Planet Home Lending. "Now, Homebot's buyer tools give our LOs the ability to nurture new relationships earlier in the buying process. This is a powerful tool to help boost the prequal-to-app pull through rate, and to help buyers make smart buying decisions."

Once an LO adds their database of potential clients to Homebot, buyers can search and assess markets with confidence -- using investor-level tools. Homebot reveals in real-time whether an area is a buyer's or seller's market, sets expectations on buying timeline for each area, and tracks purchasing power based on current mortgage rates.

Learn more and see it live: read the Homebot for Buyers blog at: https://homebot.ai/blog/new-homebot-buyer-features-just-went-live-today

To sign up for Homebot, visit homebot.ai or, see what your own home is worth by clicking here: https://get.homebot.ai/?agentId=5c7426e889d5a000fc7b9fc0

About Homebot:
Homebot helps homeowners build real estate wealth. Every month, the award winning company delivers millions of property digests to consumers on behalf of their loan officer or real estate agent. The addictive, personalized digests are chock full of data and information to give homeowners and investors multiple financial scenarios to advise on building wealth. Loan officers and real estate agents leverage the Homebot experience to deliver high engagement campaigns that deliver an average 75% open rate to cement top of mind awareness and maintain the client relationship for life. Learn more: https://homebot.ai/

Want to see it in action? Journalists - please try it for yourself: https://get.homebot.ai/?agentId=5c7426e889d5a000fc7b9fc0

Homebot is based in Denver.

*IMAGE links for media:
[1] https://www.Send2Press.com/300dpi/19-0613s2p-homebot-one-300dpi.jpg
[2] https://www.Send2Press.com/300dpi/19-0613s2p-homebot-two-300dpi.jpg
[3] https://www.Send2Press.com/300dpi/19-0613s2p-homebot-three-300dpi.jpg

Media Contact:
Hannah Shain
720-988-6852
hannah@homebot.ai

Homebot, a customer engagement platform that delivers financial scenarios to help homeowners build wealth, today announced major enhancements to the homebuying side of its platform. The latest release inserts lenders into the market search process by integrating prompts for buyers to obtain a prequal or preapproval, lock a rate, and inquire about down payment with a single click.

Related link: https://homebot.ai/

Texan Title Taps SafeWire by SafeChain to Provide Protection Against Wire Fraud

COLUMBUS, Ohio /ScoopCloud/ -- SafeChain, the industry leader in wire fraud prevention software and blockchain implementation for land title, announced today that Texan Title has chosen SafeWire(TM) to defend its clients' wire transactions against fraud. The blockchain-backed platform will be deployed across Texan Title's family of title companies located across Texas, including South Land Title, Prominent Title, Washington County Abstract, Guaranty Title Company of Grimes County and Security Title.

"As Texan Title seeks to drive more robust growth, we are also keenly aware of maintaining the security and integrity of our clients' transactions," said Todd Purifoy, Chief Information Officer at Texan Title. "To that end, as we seek to leverage blockchain throughout all of our operations, SafeWire was the clear choice for helping us prevent wire fraud and protect our clients' funds, as it is the industry's only wire fraud prevention platform leveraging blockchain today."

SafeWire enables title agents to conduct identity verification and account ownership authentication on both the buyer and seller in the real estate transaction to prevent wire transfers to unauthorized parties and/or accounts. As an added safeguard, the platform uses blockchain technology to securely store and transmit wiring instructions, thus circumventing the major source of wire fraud today -- business email compromise schemes.

"For growth-minded title agencies, addressing fraud must be at the top of their list of concerns," said Tony Franco, CEO and co-founder of SafeChain. "Having fully embraced the power of blockchain across its organization, Texan Title represents the future of our industry -- innovation-friendly, technology-focused, security-minded title agencies committed to using any and all means at their disposal to improve operations and protect their clients throughout the home buying and selling process."

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 and better consumer confidence. For more information visit https://www.safechain.io.

About Texan Title

Texan Title Holdings is the parent company of a family of independent, local, homegrown title agencies, with more than 20 offices licensed in 38 Texas counties. While having a large presence in Texas, our title agencies are still local enough to provide professional service with a personal touch. Our expert teams are committed to ensuring the success of every transaction, regardless of the location of the property. The Texan Title family of companies has access to experienced real estate attorneys, title examiners and escrow officers in Abilene, Austin, Brenham, the Houston metroplex and Bryan/College Station. As independent title agents, we have the ability to write title insurance for multiple underwriters, giving us the flexibility to ensure your transaction closes quickly and smoothly. For more information, visit https://www.texantitleholdings.com.

SafeChain, the industry leader in wire fraud prevention software and blockchain implementation for land title, announced today that Texan Title has chosen SafeWire(TM) to defend its clients' wire transactions against fraud. The blockchain-backed platform will be deployed across Texan Title's family of title companies located across Texas.

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

Hometown Lenders Adopts ReverseVision Loan Origination Technology to Launch HECM and Reverse Lending Channel

SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced that Hometown Lenders has implemented ReverseVision's HECM and proprietary reverse loan origination technology to support the launch of the independent mortgage bank's HECM lending channel.

With more than 80 branches across 38 states, Hometown Lenders implemented ReverseVision's RV Exchange (RVX) loan origination system (LOS) and ReverseVision Sales Accelerator (RVSA) to support the launch and growth of HECM and proprietary reverse mortgage products in-house.

According to mortgage industry veteran David Weinstein, who was recently tapped by Hometown Lenders as national HECM manager, the independent mortgage bank's vision is to build one of the nation's most elite HECM lending divisions. Said Weinstein, "The senior leadership team at Hometown has tasked me with architecting a HECM channel capable of supporting the development of an eminent HECM lender - and I feel that ReverseVision is a critical part of that success."

Since joining Hometown Lenders, Weinstein has spearheaded a holistic HECM outreach campaign to educate borrower-facing players in the housing ecosystem - including realtors, financial planners, builders and Hometown's internal sales staff - about how borrowers can leverage benefits unique the HECM product, such as the ability to not make principal mortgage payments or HECM for purchase.

"Adding HECM and reverse mortgage products is part of our lending institution's larger strategy to provide a fully-rounded suite of products for our originators and third-party partners to succeed in helping borrowers achieve their home-ownership and financial goals," said Weinstein. "And an important part of facilitating a mutually successful lending experience is outfitting our team with leading technology."

Since implementing RVX, Weinstein has leveraged the platform to develop investor relationships to introduce proprietary reverse products to new states. Additionally, those proprietary products have been configured for seamless integration in RVX's powerful origination workflow.

"ReverseVision is the one place we can go to and have all the products that we need," said Weinstein. "This allows us to deliver consistently outstanding customer service across all of our branches, while being able to promote HECM and proprietary products through one portal."

Used by all of the top-ten producing HECM lenders, RVX serves as a central platform for participants in the reverse mortgage lifecycle to share documents and exchange information across the loan process. From the point-of-sale to post-closing and secondary marketing, RVX instantly connects borrowers, loan officers, service providers, branch managers and investors to the right party at the right time.

"ReverseVision is proud to support Hometown Lenders as it strives to more fully meet the financial and retirement goals of its senior borrowers with a HECM lending channel," said ReverseVision Vice President of Sales and Marketing Wendy Peel. "Hometown serves as an example of how a large lender can successfully integrate HECM and reverse lines into their business model."

About Hometown Lenders, Inc.

Hometown Lenders, Inc. is a Huntsville, Alabama-based, multi-channel mortgage lender that operates from the core belief that exceeding borrower expectations is the only way to do business. Hometown delivers on a pledge of excellence by leveraging unsurpassed customer service and leading-edge technology to provide the most innovative and creative mortgage financing solutions available. Hometown offers a complete range of conforming, non-conforming and government loan programs, as well as a variety of other options to help borrowers successfully budget their mortgage. For more information, visit https://htlenders.com/.

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/.

ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced that Hometown Lenders has implemented ReverseVision's HECM and proprietary reverse loan origination technology to support the launch of the independent mortgage bank's HECM lending channel.

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

Fidelity National Financial Adds NotaryCam Remote Notarization Service to Online Closing Options

NEWPORT BEACH, Calif. /ScoopCloud/ -- NotaryCam(R), the pioneering leader in online notarization and the original provider of mortgage eClosing solutions, today announced that Fidelity National Financial (FNF), will allow the use of NotaryCam to deliver remote online notarization (RON) and remote online closing (ROC) capabilities to FNF's network of direct title and settlement operations, as well as its network of independent title agents. Most recently, FNF used the NotaryCam platform to complete its first remote notarization in Texas.

"Title plays a critical role in the adoption of RON and ROC so it is especially encouraging to see an industry leader fully embrace these digital processes," said NotaryCam Founder and CEO Rick Triola. "The transaction that took place in Texas is really just the beginning, and we look forward to helping FNF's nationwide network of direct title operations and independent title agents streamline the residential mortgage closing process and deliver unparalleled convenience and service to home buyers and sellers throughout the U.S."

eClose360(R) by NotaryCam sets the standard for RON and ROC transactions in the real estate and mortgage industries. The platform provides lenders and title/closing agents with a secure, online closing room where they can upload closing documents, meet with signers and return fully executed and compliant documents within an hour. In addition, the system records all transactions to provide a verifiable transaction record for security and compliance purposes.

"Our engagement with NotaryCam has helped us to expand remote online notary capabilities to more of our offices and agents," said Jason Nadeau, Chief Digital Officer at Fidelity National Financial. "FNF and our title divisions are committed to bringing an end-to-end digital real estate experience to the industry, and the consumers we serve. Remote notarization is another important component in our expanding suite of digital options."

About Fidelity National Financial, Inc.:

Fidelity National Financial, Inc. (NYSE: FNF) is a leading provider of title insurance and transaction services to the real estate and mortgage industries. FNF is the nation's largest title insurance company through its title insurance underwriters - Fidelity National Title, Chicago Title, Commonwealth Land Title, Alamo Title and National Title of New York - that collectively issue more title insurance policies than any other title company in the United States.

More information about FNF can be found at https://www.fnf.com.

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), the pioneering leader in online notarization and the original provider of mortgage eClosing solutions, today announced that Fidelity National Financial (FNF), will allow the use of NotaryCam to deliver remote online notarization (RON) and remote online closing (ROC) capabilities to FNF's network of direct title and settlement operations, as well as its network of independent title agents.

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

Showbiz Shows a Better Way to Pay: Insurance Industry Alert issued by EraNova Institute

LOS ANGELES, Calif. /ScoopCloud/ -- Today the EraNova Institute issues a business alert: "Showbiz shows a better way to pay." EraNova's Director and author of the report, Dick Samson, says, "For non-employees in entertainment and insurance, getting the money due you has often been a chore. Now, for the likes of Tom Hanks and Lady Gaga, it's more of a breeze; and soon may be for everyone involved in insurance."

For decades complexity has been a sore spot in both industries, according to the alert. Then in 2011, Mike Hurst and Jason Hiller established Exactuals, LLC in Los Angeles.

Focusing initially on entertainment, their objectives were clear. "We wanted to get rid of the millions of tiny payment checks," says Hurst. "So we built a model to accomplish that and more, saving studios, unions and other entertainment entities a tremendous amount of time and money."

Hurst and Hiller also attacked the issue of fair compensation. "Musicians and composers were losing about $2 billion per year in unpaid royalties," says Hurst. "This was due to irregularities such as confused coding embedded in digital media."

Their solution was PaymentHub, an automated software-as-a-service (SaaS) platform. "It's designed to help large enterprises pay thousands of non-employees who are compensated through multiple means such as commissions, royalties, and residuals," says Hiller.

Exactuals soon acquired other technical assets such as R.AI (Royalty Artificial Intelligence), which uses machine learning to track songwriting information and rights.

Then the company went through growth pains that can now profit the insurance industry:
* Raised $20.6 million.
* Used the money for development, trials, and deployment with film and TV studios, unions, music labels, publishers, and payroll companies.
* Secured large industry players like SAG-AFTRA, the union representing film and TV actors and other showbiz professionals worldwide.
* Delivered new efficiency. For example, all of SAG-AFTRA's 160,000 members can now have their residuals deposited directly into their bank accounts.
* Increased visibility and trust by making statements accessible online.

Implications for Insurance

According to an insurance executive who is evaluating payment technology, "Our industry is only marginally better off than entertainment before Exactuals. There are fewer paper checks than there used to be, and some carriers consider themselves technically advanced. But it's a hodgepodge. There's a lack of standardization and grey areas where information gets sidetracked."

"The entertainment industry is living proof that a fully-functional, high-tech digital system really works," the executive continues. "It has the potential to supercharge all complex payments in our $5 trillion industry."

Two steps toward insurance deployment

STEP 1: In August 2018, Exactuals was acquired by RBC's US banking arm, City National Bank, long known as "the bank to the stars." City National provides Exactuals with deep pockets for expansion and potential customers in all industries (including insurance).

STEP2: In September 2018, Exactuals hired finance and insurance veteran Andrew Mauritzen as CFO. According to a company statement, "Mauritzen will now spearhead entry into the insurance market, adapting Exactuals' best-in-class payment and royalty technology to streamline insurance commissions, refunds, and claims payments while establishing partnerships with insurance carriers and brokerages."

Alternatives?

There are many "fintech" and "insurtech" suppliers but no known competitors offering the breadth and depth of Exactuals' payment services for large organizations.

In specialized niches, however, big change appears afoot, Samson reports. In May, 2019, JP Morgan announced acquiring health-care payments firm InstaMed, which automates medical billing in the $3.5 trillion U.S. health-care market. "This deal shows that banks view the fast-changing world of payments as a space they need to be active in."

The full report is available at: https://medium.com/eranova-institute/insurance-industry-alert-showbiz-shows-a-better-way-to-pay-ff1b40f47447

About EraNova Institute:

The EraNova Institute is a small think tank with a big mission: helping selected changemakers implement their solutions faster, ushering in an advanced, sustainable future. Learn more at: https://medium.com/eranova-institute.

Learn more about Exactuals LLC at: https://www.exactuals.com/#home-intro.

Twitter: @Exactuals #EraNovaInstitute #RoyaltyAI #fintech #InsuranceTech #Insurtech

Today the EraNova Institute issued a business alert: "Showbiz shows a better way to pay." EraNova's Director and author of the report, Dick Samson, says, "For non-employees in entertainment and insurance, getting the money due you has often been a chore. Now, for the likes of Tom Hanks and Lady Gaga, it's more of a breeze; and soon may be for everyone involved in insurance."

Related link: https://medium.com/eranova-institute

SimpleNexus Takes Home Silver Telly Award for Campaign Encouraging Mortgage Originators to ‘Do More’

LEHI, Utah /ScoopCloud/ -- SimpleNexus, the industry's leading digital mortgage platform, has been named a silver winner of the 40th annual Telly Awards. Founded in 1979, the Telly Awards honor video and television made for all screens and are judged by The Telly Award Judging Council, a group of leading video and television experts from some of the most prestigious companies in entertainment, publishing, advertising and emerging technology.

SimpleNexus was honored for its 'Do More' promotional video, which encourages mortgage loan originators to get more done with the help of SimpleNexus' digital mortgage platform. The video was produced in partnership with Joseph Daniel of video production studio RoboGo.

"This award is a tribute to the talent and vision of its creators and a celebration of the diversity of work being made today for all screens," said Sabrina Dridje, managing director of the Telly Awards. "SimpleNexus is pushing the boundaries of video innovation and creativity at a time when the industry is rapidly changing."

"SimpleNexus is setting the bar for digital mortgage platforms, and we wanted to promote that with video content of an equally high caliber and a message that resonates with the mortgage lending community," said SimpleNexus VP of Marketing Sid Ewing. "We're proud to accept this Telly Award on behalf of the thousands of mortgage originators who have watched and shared our video."

Last year, The Telly Awards attracted more than 12,000 entries from top video content producers including Condé Nast, Netflix, Refinery29, RadicalMedia, T Brand Studio and Ogilvy & Mather.

The full list of 40th annual Telly Awards winners can be found at https://www.tellyawards.com/winners/.

About SimpleNexus:

SimpleNexus, LLC is a digital mortgage solution provider, enabling lenders to originate and process loans from anywhere. The platform connects loan officers to their borrowers and realtors to easily communicate and exchange data in a single location throughout the entire loan life cycle. Loan officers can manage their loan pipeline, order credit, run pricing, and send pre-approvals- all on the go. The app can easily be shared with borrowers and realtors, giving them the modern mortgage tools they want and need.

Using state-of-the-art mobile technology, SimpleNexus is dedicated to providing its wide array of services to mortgage corporations and branches, as well as individual loan officers. Today SimpleNexus serves more than 220 enterprise mortgage companies and more than 18,000 loan officers nationwide. To learn more visit https://simplenexus.com/.

About The Telly Awards:

The Telly Awards is the premier award honoring video and television across all screens. Established in 1979, The Telly Awards receives over 12,000 entries from all 50 states and 5 continents. Entrants are judged by The Telly Awards Judging Council-an industry body of over 200 leading experts including advertising agencies, production companies, and major television networks, reflective of the multi-screen industry The Telly Awards celebrates. Partners of The Telly Awards include NAB, StudioDaily, Stash Magazine, Storyhunter, ProductionHub, VR/AR Association, The Wrap and Digiday.

Twitter: @SimpleNexus @TellyAwards #digitalmortgage #domore

VIDEO (YouTube): https://youtu.be/VlB9XXImx40

SimpleNexus, the industry's leading digital mortgage platform, has been named a silver winner of the 40th annual Telly Awards. Founded in 1979, the Telly Awards honor video and television made for all screens and are judged by The Telly Award Judging Council.

Related link: https://simplenexus.com/

Blue Ridge Bank, N.A. Partners with ReverseVision to Launch HECM and Reverse Lending Division

SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced that it has partnered with North Carolina-based Blue Ridge Bank, N.A. Mortgage Division (Blue Ridge Bank).

ReverseVision's RV Exchange (RVX) loan origination system (LOS) was implemented by Blue Ridge Bank to support the recent launch of a HECM and reverse lending division that will expand the number of financial planning options offered to the depository lender's senior customers. To date, Blue Ridge Bank has already closed more than $25 billion dollars in forward residential home loans.

"The creation of a reverse lending division led by industry veterans and powered by the industry's leading reverse origination software is part of Blue Ridge Bank's larger initiative to offer a comprehensive portfolio of home lending products capable of helping every customer attain their home ownership and financial goals," said Foster Vaught regional market sales manager at Blue Ridge Bank. "Between the functionality of RVX and the support of ReverseVision's team, I am confident that we are well-equipped to execute our reverse division's strategy of steady, measured growth."

Used by all of the top-ten producing HECM lenders, RVX provides loan originators with an end-to-end reverse origination platform that facilitates a first-class lending experience. From the point-of-sale to post-closing, RVX instantly connects lenders, brokers, investors and service providers in a seamless loan production pipeline that expedites time to close.

"RVX's HECM and senior lending platform will empower Blue Ridge Bank to execute on a Generational Lending strategy that serves their many decades-long customers at every stage in life," said ReverseVision Vice President of Sales and Marketing Wendy Peel. "With RVX, Blue Ridge Bank is well supported to extend an exceptional customer experience to borrowers of senior lending products."

About Blue Ridge Bank, N. A. Mortgage Division:

Blue Ridge Bank's Mortgage Division is headquartered in Greensboro, NC and is a division of Blue Ridge Bank N.A. Blue Ridge Bank N.A. was chartered and organized in 1893 as a state institution under the title "Page Valley Bank of Virginia." The Bank officially opened for business on Monday, January 3, 1894. Blue Ridge Bank is extremely proud of its more than a century of customer based service, and looks forward to serving its current and new customers for many years to come, with the attention and service that only a locally owned independent community bank can provide. A full listing of retail locations and loan production offices can be found at https://www.mybrb.com/.

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/.

Ref: OTC Pink: BRBS / OTC:BRBS

ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced that it has partnered with North Carolina-based Blue Ridge Bank, N.A. Mortgage Division (Blue Ridge Bank).

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

MCT Officially Launches Trade Auction Manager to Enable Electronic TBA MBS Trading

SAN DIEGO, Calif. /ScoopCloud/ -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that it has officially launched Trade Auction Manager(TM) (TAM) to enable more efficient bidding of TBA mortgage-backed securities used by lenders to hedge their open mortgage pipelines. The browser-based software module is accessible via MCTlive!, the company's award-winning comprehensive capital markets platform.

TAM completely digitizes a formerly manual communication process to confirm time-sensitive TBA trades that were once largely phone-based. TBA trading, particularly with regional broker-dealers, is the last remaining secondary marketing function that relies on telephone communications, which TAM now successfully automates.

MCT developed TAM in collaboration with multiple lender clients and broker-dealers who participated in the testing and successful soft launch in early 2019. With the introduction of TAM, the mortgage industry now has a powerful TBA trading platform that allows broker-dealers to compete for a higher volume of trade requests, while lenders gain thanks to expansion and automation of the competitive bidding process.

"TAM is a seismic shift for the mid-sized lender - increasing execution, liquidity, and transparency, while connecting them digitally with their regional dealers for the first time," said Phil Rasori, COO at MCT. "The initial experience is showing that TAM will deliver a significant enhancement in execution for MCT clients."

Additional benefits of TAM include greater accuracy, increased speed, and a reduction of data entry errors. When using TAM all transactions are automatically recorded, creating heightened reliability and trackability of trades. TAM leverages a single database of record, which centralizes critical data and simplifies trade reconciliations. TAM integrates seamlessly with MCT's hedging and loan sale platforms or it can be utilized independently as a standalone solution.

The launch of TAM follows in the footsteps of MCT's wildly successful rollout of its award-wining Bid Auction Manager (BAM) whole loan trading platform, which encrypts and automates the bid tape process for lenders and investors to achieve best execution on loan sales.

MCT clients have been leveraging TAM to transact with a wide array of broker-dealers since the initial rollout earlier this year. Learn more about TAM's features, participating parties, and the Fannie Mae TBA Trade Desk connectivity by joining MCT's industry webinar on TAM to be held June 6, 2019.

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.

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

Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that it has officially launched Trade Auction Manager(TM) (TAM) to enable more efficient bidding of TBA mortgage-backed securities used by lenders to hedge their open mortgage pipelines. The browser-based software module is accessible via MCTlive!, the company's award-winning comprehensive capital markets platform.

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

FirstBank Mortgage Reduces Loan Originator Compensation Processing Time by 75 percent with CompenSafe

MACON, Ga. /ScoopCloud/ -- LBA Ware(TM), provider of the leading automated incentive compensation and sales performance management platform for mortgage lenders, announced today that FirstBank Mortgage has optimized the execution of its incentive compensation with CompenSafe(TM). By replacing spreadsheets with CompenSafe, FirstBank Mortgage has reduced the time it takes to calculate loan compensation by 75 percent.

A division of FirstBank, the third largest Tennessee-headquartered bank and one of the state's top-ranked workplaces, FirstBank Mortgage has 198 employees, including 87 loan originators (LOs) producing an average of $1 billion in retail loan volume a year. Director of Retail Mortgage Banking Lee Townsend wanted to improve the efficiency and accuracy of the mortgage lender's complex incentive compensation structures. He selected CompenSafe for the platform's flexible configuration and direct integration with FirstBank Mortgage's loan origination system, Encompass(R) by Ellie Mae(R).

"Our compensation plans aren't just for LOs; some plans pay up to twelve employees on a single loan. This level of complexity, when done manually, is prone to errors," said Townsend. "But CompenSafe has managed it with ease. The LBA Ware team understands mortgage compensation is not one-size-fits-all, and they partnered with us to ensure we were maximizing CompenSafe's capabilities to meet our unique needs."

Since implementing the web-based platform, FirstBank Mortgage employees not only see how much they are getting paid before payday, they also see how and why their compensation was calculated for every loan. This added visibility has empowered employees, improved communication and provided a new level of insight into the business.

"Out of all the technologies we have out there, the return on CompenSafe is by far the best. It's more than a process improver; it's a repository of HR insights, payroll insights and performance insights all in one place," Townsend said. "CompenSafe is a game changer."

"We take pride in helping our clients maximize production and strengthen relationships within lending teams by reining in the challenge of compensation plan management," said LBA Ware Founder and CEO Lori Brewer. "CompenSafe is the only mortgage technology that empowers lenders to not only manage compensation at scale, but also harness valuable compensation data to work in their favor."

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 @FBMortgage #mortgagebanking #digitalmortgage #CompenSafe

LBA Ware(TM), provider of the leading automated incentive compensation and sales performance management platform for mortgage lenders, announced today that FirstBank Mortgage has optimized the execution of its incentive compensation with CompenSafe(TM). By replacing spreadsheets with CompenSafe, FirstBank Mortgage has reduced the time it takes to calculate loan compensation by 75 percent

Related link: https://lbaware.com/

Simplifile Adds 38 Eastern US 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 38 additional recording jurisdictions located in 12 states throughout the Mid-Atlantic, Northeast and Southeast U.S. have joined Simplifile's e-recording network.

"As we continue our push to deliver e-recording capabilities to every recording jurisdiction in the U.S., we've seen a persistent increase in adoption jurisdictions in the Eastern portion of the country," said Simplifile President Paul Clifford. "What is particularly striking is that five of the 10 states with the largest number of counties - Georgia, Virginia, Kentucky, North Carolina and Tennessee - are all located in this region, thus providing abundant opportunities to expand e-recording access to jurisdictions along the Eastern seaboard and throughout the Southeast."

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

* Colbert County, Ala.
* Morgan County, Ala.
* Arkansas (Dewitt) County, Ark.
* Arkansas (Stuttgart) County, Ark.
* Pike County, Ark.
* Sevier County, Ark.
* City of Danbury, Conn.
* City of West Haven, Conn.
* Clayton County, Ga.
* DeKalb County, Ga.
* Jackson County, Ga.
* Jefferson County, Ga.
* Marion County, Ga.
* Screven County, Ga.
* Walton County, Ga.
* Worth County, Ga.
* Oxford (Western District) County, Maine
* Waldo County, Maine
* Baltimore City, Md.
* Calvert County, Md.
* Caroline County, Md.
* Somerset County, Md.
* Union County, Miss.
* Cattaraugus County, N.Y.
* Montgomery County, N.Y.
* Saluda County, S.C.
* Carter County, Tenn.
* Cocke County, Tenn.
* Gibson County, Tenn.
* Knox County, Tenn.
* Wayne County, Tenn.
* Carroll County, Va.
* Grayson County, Va.
* Henry County, Va.
* Martinsville City, Va.
* Mecklenberg County, Va.
* Winchester City, Va.
* Jefferson County, W.V.

As the nation's largest e-recording network, Simplifile covers more than 80 percent 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, 1,929 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 38 additional recording jurisdictions located in 12 states throughout the Mid-Atlantic, Northeast and Southeast U.S. have joined Simplifile's e-recording network.

Related link: https://simplifile.com/

ReverseVision Launches Interactive Tool to Help Originators and Consumers Compare HECM Loans with HELOCs, First- and Second-Lien Mortgages

SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) and senior lending industry, today announced the release of the Comparison Calculator within RV Sales Accelerator (RVSA). The Comparison Calculator is an interactive tool that allows loan originators to give consumers side-by-side comparisons of how HECMs and their unique features, such as the adjustable rate HECMs' line-of-credit that grows over, performs against other home equity loan products over the projected life of the loan.

ReverseVision developed its Comparison Calculator in response to a compelling study by the National Council of Aging, which found that when presented with a blind comparison of HECM and Home Equity Line of Credit (HELOC) loans, seniors choose the HECM over the HELOC 58 percent of the time. The Comparison Calculator is the first tool of its kind to offer consumers side-by-side comparisons of HECM lines of credit against other loan types, such as home equity lines of credit (HELOCs) and traditional first- and second-lien mortgages. This powerful feature gives consumers alternative options to dipping into their retirement, equity and other savings accounts when managing their finances.

"With seniors holding more than six trillion dollars in accumulated home equity in the United States, consumers need to know that they have options to tap into their financial resources - and originators need tools to help them describe the differences in how these options perform over the long term," said ReverseVision Product Manager Jason Price. "We are proud to introduce a tool that takes the Generational Lending concept and puts to practice helping borrowers as their needs change over time."

"Additionally, we are pleased to empower mainstream-loan officers with access to this technology by releasing it onto our new platform," continued Price. "Now any company can leverage these tools in their own portal, CRM or point-of-sale solution."

"The Generational Lending Scenario Builder is exactly what the industry needs to help loan officers reach senior borrowers who would be better served by HECMs than 'comfortable,' traditional loan types," explained Wendy Peel, vice president of sales and marketing for ReverseVision. "Equipped with this tool, originators can visually demonstrate how a HECM can perform against other loan types, thereby empowering borrowers with a more comprehensive understanding of their financial options and strengthening borrower trust in both the HECM product and their loan originator."

About ReverseVision:

ReverseVision, Inc. is the leading provider of technology and training for Home Equity Conversion Mortgage (HECM) origination. With nearly 10,000 active users, ReverseVision technology is used by 10 of the top-ten reverse mortgage lenders and supports more HECM transactions than all other systems combined. The company's comprehensive product suite also includes HECM 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 HECM 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' HECM volume, workflow efficiency and data analysis capabilities.

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

Twitter: @ReverseVision #reversemortgage #HECM

ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) and senior lending industry, today announced the release of the Comparison Calculator within RV Sales Accelerator (RVSA).

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

IDS Announces Conversion to ZenDesk to Improve Mortgage Doc Prep Customer Service

SALT LAKE CITY, Utah /ScoopCloud/ -- Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it has converted its customer service platform to ZenDesk. The move is designed to better serve IDS customers and help the firm maintain its commitment to responding to all customer inquiries and requests effectively and efficiently.

"Responsive customer service has been a cornerstone of the IDS brand since its inception, and as a company, we're always looking for ways to improve the customer experience and ensure we are addressing all incoming customer communications in a timely manner," said IDS Vice President and General Manager Mark Mackey.

ZenDesk Support provides IDS a simple system for tracking, prioritizing and solving customer support tickets. By keeping all customer support interactions in one place, communication is seamless, personal and efficient, aiding in customer service productivity and customer satisfaction. In addition, ZenDesk supports easy collaboration between the IDS Client Support Team and other internal departments on the same ticket to address complex support issues. The simplified dashboard also allows customers to easily submit and track help tickets.

"Not only is this move good for our internal team, but it also provides our customers with a portal that allows them to more clearly see what is happening with their support request, thus providing additional assurances that the IDS team is on the case," Mackey added.

In addition, ZenDesk's Help Center functionality allows IDS Client Support representatives to tag old tickets by topic for easy sorting and reference, creating an ever-growing repository of common support questions to enable faster support resolution.

"Migrating to ZenDesk helps our customer service team streamline the support ticket process, ensuring that system issues, customization requests and all other inquiries are addressed promptly and to our customers' satisfaction every single time," Mackey said.

About ZenDesk:

The best customer experiences are built with Zendesk. Our customer service and engagement products are powerful and flexible, and scale to meet the needs of any business. Zendesk serves businesses across hundreds of industries, with more than 125,000 paid customer accounts offering service and support in over 30 languages. Zendesk is headquartered in San Francisco, and operates worldwide with 16 offices in North America, Europe, Asia, Australia, and South America. Learn more at: https://www.zendesk.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. Learn more at: https://info.idsdoc.com/.

Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it has converted its customer service platform to ZenDesk. The move is designed to better serve IDS customers and help the firm maintain its commitment to responding to all customer inquiries and requests effectively and efficiently.

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

TRK Connection Integrates with Veri-Tax to Expand Collection of Income Verification Providers Available in Insight RDM

SALT LAKE CITY, Utah /ScoopCloud/ -- TRK Connection (TRK), a leading provider of mortgage quality control (QC) and origination management solutions, announced today that it has added 4506-T Income Verification from Veri-Tax, a trusted leader in verification solutions, to its flagship QC audit platform Insight Risk & Defect Management (RDM). The addition expands the range of integrated income verification providers Insight users can select to complete the post-closing QC reverification process.

"TRK's mission is to assist lenders by making the QC audit process easier, more intuitive and more efficient, thus enabling them to effectively manage and report on loan quality," said TRK Executive Vice President of Strategy Jeremy Burcham. "Our network of integrated reverification providers plays a key role in our ability to deliver on that promise, which is why we are pleased to add Veri-Tax to our roster of top-tier income verification providers available within Insight RDM."

Veri-Tax's 4506-T Income Verification service allows lenders to quickly validate income and uncover potential borrower misrepresentation. By auditing every order at multiple check-points, Veri-Tax reduces IRS rejections by 29 percent, and all tax transcripts include a customizable summary coversheet that highlights and calculates key income verification line items. The ability to order income verification from Veri-Tax directly through the Insight RDM platform, which also includes industry-first reverification eSign capabilities, enables lenders to create a paperless, streamlined reverification process designed to support lenders' loan quality initiatives.

"We are pleased to have supported the TRK Connection team from the very early stages of their platform development and integration of our industry leading verification services. We look forward to continuing our long partnership and serving our mutual clients," said Nick Lim, CEO of Veri-Tax.

About Veri-Tax:

Veri-Tax is the largest 'pure play' national verification specialist. Unlike competitors with more diffused if not distracted focus, Veri-Tax is sharply focused on verification services. We provide a simple but essential service to securely, reliably and promptly retrieve information (with opt-in consumer consent) from trusted third party sources. Our suite of fast and reliable ability-to-pay solutions include 4506-T Tax Transcripts, Verification of Income / Employment, SSN / EIN Verifications and Verification of Asset.

We are fortunate to have earned the trust and confidence of nearly 1000 large and mid-market clients across mortgage, banking, Fintech, financial services, education, and other industries. We ultimately differentiate ourselves on our unique "customer and employee happiness" culture rooted in positive psychology insights to drive grit, resilience, creativity, and nimbleness, and powered by a very diverse high performing team who punch above our weight.

About TRK Connection:

Founded in 2013, TRK Connection prides itself on its ability to develop technologies that allow businesses to surpass their organizational needs and meet their business objectives. As an innovator in the mortgage origination and quality assurance space, TRK continues to develop and refine solutions geared to promote and strengthen the loan origination process, pre/post-close loan audits and the defect remediation process.

Currently, TRK offers solutions that support Mortgage Audit & Quality Control (Insight Risk & Defect Management(TM)), Loan Origination Vendor Management (Core Connect(TM)), Complete LOS Connectivity Platforms and more. For more information, visit http://trkconnection.com.

TRK Connection (TRK), a leading provider of mortgage quality control (QC) and origination management solutions, announced today that it has added 4506-T Income Verification from Veri-Tax, a trusted leader in verification solutions, to its flagship QC audit platform Insight Risk & Defect Management (RDM).

Related link: http://trkconnection.com/

Idaho Now E-recording Statewide with Simplifile

PROVO, Utah /ScoopCloud/ -- Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents and counties, today announced that Nez Perce and Shoshone counties, Idaho, have adopted its e-recording service. Idaho is now the 11th state to implement e-recording statewide using Simplifile.

"We are thrilled to welcome Idaho as the third state this year to fully embrace e-recording," said Simplifile President Paul Clifford. "More than 80 percent of the U.S. population is covered by the Simplifile e-recording network as jurisdictions of all sizes embrace the efficiency and cost-savings e-recording provides. We hope jurisdictions currently contemplating e-recording will be inspired by Idaho's commitment to improving document recording services through technology."

In 2007, Washington County became the first jurisdiction in Idaho to adopt Simplifile's e-recording service. With the addition of Nez Perce County in January and Shoshone County this past week, all 44 Idaho counties now e-record with Simplifile.

Recording offices throughout Idaho can now leverage Simplifile's e-recording platform to electronically receive, stamp, record and return documents within minutes, while settlement agents can submit recording fees and other recording-related expenses directly through system.

Simplifile is the largest e-recording network in the U.S., with more than 1,900 jurisdictions nationwide e-recording on the platform. In addition to Idaho, 10 other states offer statewide e-recording through Simplifile, including Alaska, Arizona, Colorado, Delaware, Hawaii, Iowa, Maryland, Massachusetts, Nevada and Oregon.

For more information about e-recording in Idaho, call 800.460.5657 or visit https://simplifile.com. For a current list of all jurisdictions within the Simplifile e-recording network, visit https://simplifile.com/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 Nez Perce and Shoshone counties, Idaho, have adopted its e-recording service. Idaho is now the 11th state to implement e-recording statewide using Simplifile.

Related link: https://simplifile.com/

ARMCO Bolsters C-Suite by Hiring Kyle Kehoe as Chief Revenue Officer

POMPANO BEACH, Fla. /ScoopCloud/ -- ACES Risk Management (ARMCO), the leading provider of enterprise financial risk mitigation solutions, has announced that it has hired Kyle Kehoe as chief revenue officer.

Kyle's focus will be accelerating ARMCO's organic revenue growth, from its strong base in the mortgage vertical into adjacent markets in financial services, both commercial and consumer. He will also help guide the development and commercialization of ARMCO's next generation of products and services, and ensure the company continues to deliver best-in-class customer experiences.

Across his 20-year career as an executive and revenue leader with CRIF Lending Solutions/MeridianLink, Yodlee and Equifax, Kyle has built and led exceptional enterprise sales, product and marketing teams.

"We are proud to announce Kyle as ARMCO's chief revenue officer, and thrilled to have him on our executive team," said Avi Naider, ARMCO's CEO. "His strategic vision, industry leadership, commercial acumen and personal integrity are the qualities we seek in our executive team."

"As provider of the most advanced quality control and compliance technology, ARMCO is in prime position for expansion," said Kyle Kehoe, CRO. "I look forward to helping lenders, servicers, banks and other financial institutions achieve the increased revenue, reduced risk, and enhanced client experiences that come from choosing ARMCO as a technology partner."

"I believe we drafted a high-impact player in Kyle, one who has delivered results across two decades and through some tough industry cycles," said Phil McCall, ARMCO's president.

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 hired Kyle Kehoe as chief revenue officer. Kyle's focus will be accelerating ARMCO's organic revenue growth.

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

PitBullTax Software Once Again Dominates Tax Resolution with its Release of Version 5.0

CORAL SPRINGS, Fla. /ScoopCloud/ -- PitBullTax Software is excited to announce the release of its most robust and streamlined cloud based software platform to date. PitBullTax, the country's leading IRS Tax Resolution Software for CPAs, EAs and Tax Attorneys will be unveiling all the cutting edge major enhancements of Version 5.0 to licensees from all over the United States at its PitBullTax Institute User Conference today through May 3 in Fort Lauderdale, Florida.

"We continually strive to deliver best in class technology and solutions to the IRS Tax Resolution profession, and with Version 5.0 we exceeded our own incredibly high Expectations," stated Jose Alfaro, Co-Founder and Chief Technology Officer. "We always put our licensees ahead of the curve by streamlining and automating the ever changing requirements from the IRS," he added.

PitBullTax Software has been dominating the tax resolution software space for ten years, with a complete team of software engineers, developers, tax resolution professionals, administrators, customer service representatives, cyber security experts and program analysts, who are always aware of the ever increasing technology and tax law demands.

"We live and breathe IRS Tax Resolution , it runs through our veins. We pride ourselves on being extremely responsive to our users' feedback. They tell us what they need and we deliver it!" says Chief Operating Officer, Irina Bobrova, MST, EA. "Our company stands on three pillars: top-notch technology, data security and outstanding customer service."

Version 5.0 is all about increased efficiency for IRS Tax Resolution professionals and their office staff. It includes significant enhancements that will allow handling of many more cases in much less time, with much more macro controls. Key enhancements include a unique Client Summary, a one of a kind Transcript Dashboard, internal 2-Factor Authentication, more IRS Forms, more robust To Do's, Calendar and Time Tracking, enhanced User Permissions and advanced Smartphone App integration.

Jaime Buchwald, CPA, CFF, Co-Founder and CEO explained, "We are fortunate that we can always provide our licensees with increasing value through these major product enhancements. Jose and I started and self funded this company and we do not have venture capitalists, banks, or investors to answer to. Our loyalty is to our licensees, that's who we answer to. We never forget this when we come to work everyday."

PitBullTax Institute, an IRS and NASBA approved continuing education provider, invites all interested tax pros to its third PitBullTax User Conference, which will take place today through May 3 at the beautiful Hilton Fort Lauderdale Beach Resort. Software demonstrations of Version 5.0, printed course materials and multiple case studies will be part of this three day conference.

In addition, renowned guest speaker and tax attorney Robert McKenzie will present classes on Advanced Offers in Compromise and Installment Agreements. A bonus marketing session will also be presented by Michael Rozbruch, CPA.

Learn more: https://www.pitbulltax.com/.

PitBullTax Software is excited to announce the release of its most robust and streamlined cloud based software platform to date. PitBullTax, the country's leading IRS Tax Resolution Software for CPAs, EAs and Tax Attorneys will be unveiling all the cutting edge major enhancements of Version 5.0 to licensees from all over the United States at its PitBullTax Institute User Conference today through May 3 in Fort Lauderdale, Florida.

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

Mortgage Capital Trading Bolsters Executive Management Team with Addition of Leslie Winick as Chief Strategy Officer

SAN DIEGO, Calif. /ScoopCloud/ -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that Leslie Winick has joined the company as Chief Strategy Officer (CSO). In this newly created position, Ms. Winick will play an integral role in helping MCT hone its strategic direction, further increase market share, manage rapid growth, and delight clients.

Ms. Winick has a rich background in management consulting, organizational leadership, strategy development, and guiding large-scale enterprise projects, as well as possesses a wide range of business expertise in each functional area within a company.

"Leslie is a talented and accomplished business leader who has a long-standing track record of taking organizations to the next level," stated Curtis Richins, president of MCT. "We've been working with Leslie for several years now on a consulting basis and are elated to engage with her on a more official level that makes her part of the day-to-day management activities."

From agile start-ups to global industry standouts, Ms. Winick has guided cross-functional teams responsible for strategic planning, process design and improvement, product lifecycle management, and new business formation within the financial services, software, telecommunications, life sciences, manufacturing, energy, and transportation sectors. She has designed and delivered high-impact, business critical projects across the U.S., Europe, and Asia.

Ms. Winick originally partnered with MCT as Managing Partner and Co-founder of SimpatiCo Consulting, a boutique firm serving Fortune 1000 and Fast 500 clients. She has also been a Managing Consultant within Gemini Consulting's strategy discipline. She began her career at J.P. Morgan & Company, first as an internal consultant and later as a fixed-income research analyst covering investment grade sovereign entities and the U.S. government-sponsored enterprises (GSEs).

"Not only does MCT provide the gold standard in advisory services and cutting-edge, supporting technology to the mortgage industry, but at the heart of the company is a clients-first mentality. Customer focus has been a driving theme throughout my career, and it's one of the reasons I wanted to join MCT more formally - it's in the company DNA. I'm thrilled to officially become a family member."

In her new role, Ms. Winick is responsible for charting MCT's long-term strategic path, as well as overseeing critical initiatives in pursuit of company goals. She is also on-point for forging relationships with influential and innovative industry participants.

"MCT has experienced unprecedented growth over the past several years, and our intent is to continue to increase share by supporting clients as they navigate the uncertainty of market dynamics, rapid technology advances, government regulation, and consolidation. It's our vision of the future, unbelievably talented team members, and our ability to bring complementary partners into our ecosystem that allows MCT to be the calm in the storm," stated Winick.

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.

Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that Leslie Winick has joined the company as Chief Strategy Officer (CSO). In this newly created position, Ms. Winick will play an integral role in helping MCT hone its strategic direction, further increase market share, manage rapid growth, and delight clients.

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

OpenClose Bolsters Sales Team with Addition of Mortgage Software Veteran Tom Buenz

WEST PALM BEACH, Fla. /ScoopCloud/ -- OpenClose(R), an industry-leading multi-channel loan origination system (LOS) and digital mortgage fintech provider, announced that Tom Buenz has joined the company in the position of vice president, enterprise sales. In this role, Mr. Buenz will help satisfy an increasing demand for OpenClose's LOS, digital mortgage point-of-sale (POS) solution and ancillary software products.

Mr. Buenz is a results-generating sales professional who has more than 20 years of experience executing sales, managing accounts and accelerating new business development. He has a proven history of exceeding goals and stimulating revenue growth.

Mr. Buenz comes to OpenClose from Ellie Mae where he was a strategic account executive selling to a wide range of lending entities. Before that, he was a senior sales executive at Finastra (formerly D+H Mortgagebot) where he was very successful in helping expand his territory with LOS and POS technology. In addition, Mr. Buenz has software sales experience in the credit union space and other areas of financial services technology.

"We are pleased to welcome Tom to the OpenClose sales team. His extensive knowledge of mortgage technology and in particular LOS and POS software makes him an excellent fit to present the unique value proposition behind our digital mortgage software solutions," said Vince Furey, CRO at OpenClose. "Given our leader position in the marketplace and the innovative, high-demand solutions we provide, there has never been a more exciting time to be at OpenClose."

OpenClose is rolling out a new digital POS that dramatically broadens its reach and ability to penetrate the digital mortgage ecosystem. Coupled with its end-to-end, multi-channel LOS that is completely browser-based, the company is in a powerful position to provide lenders with a single-source solution and vendor for their POS and LOS needs. The company has also been accelerating integrations with disparate systems using its cost effective RESTful API Suite, IntegrationAssist(TM).

Notable is that OpenClose's LOS platform, POS system, PPE and customer service levels received exceptionally high scores in the STRATMOR Group's latest 'Technology Insight Study.'

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.

OpenClose(R), an industry-leading multi-channel loan origination system (LOS) and digital mortgage fintech provider, announced that Tom Buenz has joined the company in the position of vice president, enterprise sales. In this role, Mr. Buenz will help satisfy an increasing demand for OpenClose's LOS, digital mortgage point-of-sale (POS) solution and ancillary software products.

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

FormFree Files Patent Application for Employer Data Extraction and Verification Tech

ATLANTA, Ga. /ScoopCloud/ -- FormFree today announced the filing of a patent application titled 'Method and System for Employer Verification,' which describes the company's proprietary method and system for verifying the employment and income history of loan applicants.

The methods and systems described in FormFree's confidential patent application include the following computer-implemented steps, among others:

* Electronically extracting one or more potential employer terms from a borrower's direct-deposit transactions
* Using natural-language processing and other artificial intelligence to identify potential employer names and comparing them against a database of known employer names to identify the borrower's employer(s)

Established in 2008, FormFree is a leading provider of electronic asset, income and employment verification. Its products help lenders of all sizes better assess the ability of borrowers to repay loans while removing the need for borrowers to supply paper documents to receive a mortgage or other type of loan.

Earlier this year, FormFree joined the Financial Data Exchange (FDX), a nonprofit group of the nation's most influential financial institutions and fintech companies that promotes information sharing and security standards for the financial sector.

"FormFree's approach to employment extraction and verification offers a distinct advantage over existing methods in the marketplace," said FormFree Chief Technology Officer Brian Francis. "We're proud to offer lenders a revolutionary way to assess borrower employment and income history with greater speed and accuracy."

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 #patentfilings #technology

FormFree today announced the filing of a patent application titled 'Method and System for Employer Verification,' which describes the company's proprietary method and system for verifying the employment and income history of loan applicants.

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

Michigan-Based Liberty Title Deploys SafeWire to Protect Against Wire Fraud

COLUMBUS, Ohio /ScoopCloud/ -- SafeChain, the industry leader in wire fraud prevention software and blockchain implementation for land title, announced today that Liberty Title, the fourth largest independent title company in Michigan, has selected SafeWire(TM) to safeguard wiring instructions as part of the firm's "Umbrella by Liberty Title" program.

Consumers that choose Liberty Title to close both sides of their transaction are automatically enrolled in the program and receive protection that extends to their real estate agent and lender through every phase of the closing process.

"With wire fraud and identity theft continuing to plague real estate transactions, we launched our Umbrella program to provide our customers with peace of mind that their funds and identities are protected throughout the closing process," said Michele Richardson, President at Liberty Title. "SafeWire plays a critical role in helping Liberty Title deliver pre-closing protection to our customers by providing a secure, blockchain-backed portal through which we can communicate wiring instructions, and we are delighted to partner with SafeChain to help ensure our customers' transactions remain fraud-free from start to finish."

SafeWire provides title agents with the ability to verify the identities of both the buyer and seller in the transaction and authenticate bank account ownership to ensure funds are transferred to authorized parties and accounts. In addition, the platform utilizes blockchain technology to securely store and transmit wiring instructions for real estate transactions, preventing fraudsters from intercepting and tampering with transaction data.

"Title agencies cannot be too cautious or too careful when it comes to preventing wire fraud, and we firmly support efforts like 'Umbrella by Liberty Title' that seek to provide the highest levels of transaction security and protection possible," said Tony Franco, CEO and co-founder of SafeChain. "With this program, Liberty Title has made a firm declaration regarding its commitment to shielding consumers from harm in the homebuying process, and we encourage all title agencies to adopt a similar pledge to help collectively stamp out real estate wire fraud."

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 and better consumer confidence. For more information visit https://www.safechain.io.

SafeChain, the industry leader in wire fraud prevention software and blockchain implementation for land title, announced today that Liberty Title, the fourth largest independent title company in Michigan, has selected SafeWire(TM) to safeguard wiring instructions as part of the firm's "Umbrella by Liberty Title" program.

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

SafeChain Announces Founding Title Partners in Blockchain Network

COLUMBUS, Ohio /ScoopCloud/ -- SafeChain, in partnership with 9 independent title agents in Ohio, has launched a blockchain-backed network that enables peer-to-peer transfers of prior title insurance policies to streamline the title search process and drive down costs for member agencies.

The new network allows independent agents to share prior policies, rewarding contributing agents for policies accessed. Agents have the ability to set the price of their policies as well as customize which underwriters and agents they want to view in their search results. While member agents will maintain governance of the network upon completion, SafeChain will act as the network operator while the project is being built and will gradually relinquish control over to independent agents over the course of the next few years.

"The future of technology in title is driven by the independent title agent. Using world-class software and a new way of thinking about partnerships, we can create a better experience for consumers. It's not a fierce competition, but working together in the best interest of our customers that will allow the industry to redefine how it operates," said Tony Franco, CEO of SafeChain.

Created by and for independent agents the goal of the network is to unlock unrealized value that prior policies can provide. With the network, independent agents will be able to protect their intellectual property, search work programmatically and set the price should they choose to share with other partners of the network.

The initial agent group is set with the task of establishing governance, fees, and network upgrades. Founding members include:

* Jonathan Holfinger - COO/Principal of Northwest Title
* Scott Stevenson - CEO/Principal of Northwest Title
* Ryan Marrie - President of Ohio Real Title
* Sean Stoner - President and CEO of Title First
* Jeff Meyer - Owner of Clean Title Agency, Columbia Title Agency, WIN Title Agency and Leadership Title Company
* Jim Janson - President of Chicago Title of Northeast Ohio
* Kevin Blum - President of Erie Title
* Kelley Sauerzopf - Co-Owner of World Class Title
* Tim Leehan - Partner of Venture Land Title
* John Dyer - President of Nova Title

"We have taken an active interest in learning about what blockchain technology can provide to the title industry, and this project seems to be the most valuable use case for title agents to date," Holfinger said. "We are excited to be part of a project that both shares and protects our work product, increases consumers' access to re-issue credit, and lowers our search costs."

"In the past technology was driven by the title plants and underwriters -- both of which are traditionally slow to adopt new technologies based on their current market lead. It makes way more sense to have independent agents driving change in the industry, and I am eager to work with our partners in Ohio to improve our technical capabilities," added Marrie.

Independent title agents can sign up to learn more at https://www.safechain.io/prior-policy-network.

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 and better consumer confidence. For more information visit https://www.safechain.io.

SafeChain, in partnership with 9 independent title agents in Ohio, has launched a blockchain-backed network that enables peer-to-peer transfers of prior title insurance policies to streamline the title search process and drive down costs for member agencies.

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

LBA Ware to Exhibit in Innovation Alley at Second Annual FinTech South Conference

MACON, Ga. /ScoopCloud/ -- LBA Ware(TM), provider of the leading automated incentive compensation and sales performance management platform for mortgage lenders, today announced that it will be an exhibiting company in Innovation Alley at FinTech South, the Southeast's largest event dedicated to financial innovation. Now in its second year, FinTech South takes place April 22 and 23, 2019, at Mercedes-Benz Stadium in Atlanta.

Hosted by the Technology Association of Georgia (TAG), FinTech South showcases the Southeast's most innovative companies and brings together global fintech leaders to exchange insights on industry trends. As one of 40 fintech startups invited, LBA Ware will exhibit its award-winning mortgage industry technology CompenSafe(TM) at the event's Innovation Alley, which spans the 50-yard line to the end zone of the stadium venue.

A Macon, Georgia-based mortgage technology start-up, LBA Ware has been an active contributor to Georgia's rich tech ecosystem and innovation community. In 2017, LBA Ware was accepted into the signature portfolio of Georgia-based tech incubator Advanced Technology Development Center (ATDC), which was recognized by Forbes magazine as one of the "12 Business Incubators Changing the World." In 2018, LBA Ware opened a satellite office at the ATDC headquarters in midtown Atlanta's Tech Square.

"As founder of a technology startup that has successfully carved out a niche in mortgage finance, I understand the value in leveraging the talent, insights and relationships immediately around you - and, conversely, the importance of paying your success forward by fostering progress in your wider community," said LBA Ware Founder and CEO Lori Brewer. "FinTech South creates a space for us to connect with innovative financial technology organizations in the region, from Fortune 500 companies to startups, to explore each other's visions of fintech."

About FinTech South: http://www.fintechsouth.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 @TAGthink @FinTechSouth #FinTechSouth #fintech

LBA Ware, provider of the leading automated incentive compensation and sales performance management platform for mortgage lenders, today announced that it will be an exhibiting company in Innovation Alley at FinTech South 2019, the Southeast's largest event dedicated to financial innovation.

Related link: https://lbaware.com/

SafeChain Partners with Adeptive to Provide Fraud-Free Closings for ResWare Customers

COLUMBUS, Ohio /ScoopCloud/ -- SafeChain, an industry leader in wire fraud prevention software and blockchain applications for land title, announced today that Adeptive Software has integrated SafeWire into ResWare, Adeptive's powerful title and escrow production software.

"Wire fraud is not a problem that can be tackled alone. It takes a concerted effort from everyone involved to take on an issue that keeps on growing," said Tony Franco, CEO at SafeChain. "We know that seamless integrations are important for title professionals, and with this integration, they no longer have to leave the ResWare environment to prevent wire fraud. Teaming up with Adeptive is a significant step forward to bring peace of mind during one of the largest transactions in a person's lifetime."

SafeWire protects real estate wire transactions by verifying the identity of both the buyer and seller and authenticating ownership of the accounts involved in the transaction. Backed by blockchain technology, SafeWire also provides a secure portal to transmit and store wiring instructions, ensuring that this information cannot be tampered with or intercepted by unauthorized parties.

"We are focused on enabling our customers to be as efficient and productive as possible providing integrations, where they make sense, to enhance the transaction process. Integrating with SafeChain aligns with our focus to seamlessly connect while securing against cyber threats," said Adeptive Software President Bryan Buus.

About Adeptive Software:

Independently-owned and operated, Adeptive Software was founded in 2003 and develops the powerful ResWare title and escrow production platform. ResWare is a sophisticated, yet flexible solution providing workflow automation, custom configuration, a secure collaboration portal, and numerous partner integrations that enable clients to be more productive, efficient, and adaptable. With the ResWare platform and Adeptive's experienced staff, Adeptive helps transform businesses by empowering them to grow their top line, enhance customer offerings, plan for the future, and thus transform their business overall. Learn more at https://www.adeptivesw.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 and better consumer confidence. For more information visit https://www.safechain.io.

SafeChain, an industry leader in wire fraud prevention software and blockchain applications for land title, announced today that Adeptive Software has integrated SafeWire into ResWare, Adeptive's powerful title and escrow production software.

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