Tag: FinTech

New workflow in the Empower LOS makes it easier for mortgage lenders to consider rent payments when qualifying first-time homebuyers

JACKSONVILLE, Fla. /ScoopCloud/ — Dark Matter Technologies (Dark Matter), an innovative new leader in mortgage technology backed by time-tested loan origination software and leadership, today announced the availability of a new, automated workflow in the Empower® loan origination system (LOS) that makes it easier for lenders to identify and qualify loan applicants who could benefit from evaluation of their positive rent payment history.

Realfinity Launches Dual-License Program for Real Estate Agents

MIAMI, Fla. /ScoopCloud/ — Real-Finity, Inc. (“Realfinity”) is excited to announce the availability of its Dual-License Program enabling the integration of mortgage services for real estate agents. In the dynamic and increasingly challenging environment of real estate, agents are now able to take advantage of this innovative solution to combat pressure on their commissions and enhance their value proposition by offering mortgage services.

ACES Audit Volume Increases 24%, Hits Record High in 2023

DENVER, Colo. /ScoopCloud/ — ACES Quality Management® (ACES), the leading provider of enterprise quality management and control software for the financial services industry, announced that, despite challenging mortgage market conditions, the company maintained a record growth path achieved over the last few years by adding more than a dozen of the leading lenders in the U.S. to its client roster in 2023.

Optimal Blue PPE Now Available in Native Mobile App for Android and iOS, Gives Loan Officers ‘Pricing in Their Pocket’ With Full Product and Search Capabilities

PLANO, Texas /ScoopCloud/ — Today, Optimal Blue announced releases related to its publicly listed, native mobile app for the Optimal Blue PPE – the industry’s most widely used product, pricing, and eligibility engine. The releases consist of a new mobile app for Android, as well as enhancements to the company’s mobile offering for iOS.

Argyle’s investments in innovation spur over 50 lenders to switch to the mortgage industry’s highest-converting VOI/E platform

NEW YORK CITY, N.Y. /ScoopCloud/ — Argyle, a platform providing automated income and employment verifications for some of the largest lenders in the United States, closed a banner year of mortgage growth with 50 new IMB, credit union and bank customers. The payroll connectivity leader more than doubled the annual volume of income and employment verifications conducted on behalf of its customers to 1.5 million with the help of 15 of the top 100 mortgage lenders.

NotaryCam Authorized to Provide Remote Online Notarization Services for California Transactions in 2024

NEWPORT BEACH, Calif. /ScoopCloud/ — NotaryCam®, a Stewart-owned company and leading remote online notarization (RON) provider for real estate and legal transactions, announced today it will support remote online notarial acts in California beginning in 2024 following the passage of CA Senate Bill 696, which was signed into law by California Governor Gavin Newsom on September 30, 2023. Stage 1 of the bill takes effect on January 1, 2024.

Legacy Mutual Selects LenderLogix’s QuickQual to Improve Transparency and Responsiveness During Mortgage Borrowers’ Home Search

BUFFALO, N.Y. /ScoopCloud/ — LenderLogix, a leading provider of mortgage point-of-sale and automation software for banks, credit unions, independent mortgage banks and brokers, today announced that Legacy Mutual Mortgage has selected its pre-approval letter generation tool QuickQual to provide borrowers with a white-labeled, digitally-driven entry point into their homebuying experience.

FormFree president Eric Lapin to speak on artificial intelligence at MISMO Winter Summit

ATHENS, Ga. /ScoopCloud/ — FormFree® today announced its President Eric Lapin has been selected to speak at the MISMO Winter Summit taking place January 8-11, 2024, at The Woodlands Resort just outside of Houston, Texas. Lapin will speak on a panel titled “Demystifying Artificial Intelligence, Digital Identity and Blockchain” during a brown-bag lunch session on January 9 from 12:30 pm-1:25 pm CT. He will be joined by fellow panelists Devin Caster, principal, product solutions at CoreLogic; Rishi Godse, principal technical architect at USAA; and Shawn Jobe, vice president and head of business development at Informative Research.

Argyle partners with Dark Matter to bring seamless direct-source income and employment verifications to Empower LOS customers

NEW YORK CITY, N.Y. /ScoopCloud/ — Argyle, a platform providing automated income and employment verifications for some of the largest lenders in the United States, announced today its integration with the Exchange, an interconnected network of mortgage-specific service providers available to customers of the Empower® loan origination system (LOS) from Dark Matter Technologies. This collaboration simplifies the income and employment verification process for lenders, further amplifying the cost and time-saving benefits of digital borrower verification.

FormFree appoints Solvent CEO DIVINE as head of culture

ATHENS, Ga. /ScoopCloud/ — FormFree® today announced the appointment of former hip-hop/rap recording artist-turned-techpreneur Victor D. Lombard, professionally known as DIVINE, as head of culture. DIVINE is the CEO and founder of Solvent, a fintech focused on financial empowerment for marginalized groups.

Floify launches comprehensive lending platform for mortgage brokers

BOULDER, Colo. /ScoopCloud/ — Floify, the mortgage industry’s leading point-of-sale (POS), today announced the launch of Floify Broker Edition, an easy-to-use, one-stop lending platform for mortgage brokers. Built on the foundation of the classic Floify POS platform, Broker Edition has been thoughtfully configured to make managing loans simpler at an accessible price point.

Argyle CEO Shmulik Fishman named a 2023 HousingWire Tech Trendsetter

NEW YORK CITY, N.Y. /ScoopCloud/ — Argyle, a platform providing automated income and employment verifications for some of the largest lenders in the United States, announced today that CEO Shmulik Fishman has been named to HousingWire’s list of 2023 Tech Trendsetters. Now in its fifth year, the Tech Trendsetters award honors the 50 most impactful executives, product leaders and professionals shaping innovation in the mortgage and real estate industries.

Encompass Lending Group Adds LiteSpeed and QuickQual from LenderLogix to Its Digital Mortgage Tech Stack

BUFFALO, N.Y. /ScoopCloud/ — LenderLogix, a leading provider of mortgage point-of-sale and automation software for banks, credit unions, independent mortgage banks, and brokers, today announced that Encompass Lending Group, a wholly owned subsidiary of Fathom Holdings Inc. (Nasdaq: FTHM), has selected its streamlined point-of-sale (POS) platform LiteSpeed and QuickQual, a loan origination system (LOS) add-on that allows prospective borrowers and real estate agents to run payment and closing costs scenarios.

Publix Employees Federal Credit Union inks contract with Dark Matter Technologies to modernize mortgage operations

JACKSONVILLE, Fla. /ScoopCloud/ — Dark Matter Technologies (Dark Matter), an innovative new leader in mortgage technology backed by time-tested loan origination software and leadership, today announced a contract with Lakeland, Florida-based Publix Employees Federal Credit Union (PEFCU). The signing is the first under Dark Matter’s new corporate structure and reflects the growing footprint of the company’s popular Empower(r) Loan Origination Platform in the credit union sector.

FormFree welcomes MX Founder and Executive Chair Ryan Caldwell to its board of directors

ATHENS, Ga. /ScoopCloud/ — FormFree® today announced the appointment of MX Technologies, Inc. (MX) Founder and Executive Chair Ryan Caldwell to its board of directors. Caldwell brings more than 20 years of experience in financial services and fintech, helping organizations around the world harness the power of financial data to improve business and consumer outcomes.

Baird Joins Agile’s Growing Broker-Dealer Network

PHILADELPHIA, Pa. /ScoopCloud/ — Agile, a groundbreaking fintech bringing mortgage lenders and broker-dealers onto a single electronic platform, is excited to announce that Baird, an international financial services firm, has joined Agile’s broker-dealer network.

CUSO Home Lending rolls out Dark Matter’s Empower LOS to support mortgage and home equity products

JACKSONVILLE, Fla. /ScoopCloud/ — CUSO Home Lending has made Empower LOS, a cloud-based loan origination system from Dark Matter Technologies (Dark Matter), available to its credit union owners. CUSO Home Lending is the first credit union service organization to leverage Empower’s newly developed joint-venture feature, which allows credit unions to offer individualized branding, products and pricing while taking advantage of the efficiency and cost savings of their CUSO’s shared services model.

HilltopSecurities Joins Agile’s Growing Broker-Dealer Network

PHILADELPHIA, Pa. /ScoopCloud/ — Agile, a groundbreaking fintech bringing mortgage lenders and broker-dealers onto a single electronic platform, is excited to announce that HilltopSecurities, a full-service investment bank and wealth advisory firm, has joined Agile’s broker-dealer network.

Secured Signing Approved to Provide Remote Online Notarization (RON) Platform for Delaware Notaries

WILMINGTON, Del. /ScoopCloud/ — Secured Signing, a leading provider of Remote Online Notarization (RON) solutions for Real Estate, Legal, Generic Notary transactions, is delighted to announce its official Approved Technology Providers as a RON solution for Delaware Notaries. With this approval, notaries can seamlessly utilize Secured Signing to notarize documents for their clients online, all from the convenience of their homes or offices.

Dark Matter Technologies adds mortgage technology veteran Stephanie Durflinger as chief product officer

JACKSONVILLE, Fla. /ScoopCloud/ — Dark Matter Technologies (Dark Matter), an innovative new leader in mortgage technology backed by time-tested loan origination software and leadership, today announced the appointment of Stephanie Durflinger as chief product officer. Durflinger, a 15-year mortgage technology veteran, comes to Dark Matter from ICE Mortgage Technology, where she most recently served as senior vice president of product development.

Six mortgage lenders inked deals with Down Payment Resource in September to support homebuyers with affordable pathways to homeownership

ATLANTA, Ga. /ScoopCloud/ — Down Payment Resource (DPR), the housing industry’s leading technology for connecting home buyers with homebuyer assistance programs, today announced it has onboarded six mortgage lenders this September. DPR’s expanded client base includes Elevations Credit Union, Embrace Home Loans, Homeowners Financial Group, HomeStreet Bank, RWM Home Loans and a regional bank. This significant milestone reflects the growing need for solutions that promote accessible and sustainable homeownership.

FormFree announces first-of-a-kind exchange to connect lenders with qualified borrowers

ATHENS, Ga. /ScoopCloud/ — FormFree today announced the fourth quarter debut of FormFree Exchange (FFX®), a dynamic online marketplace that matches lenders with qualified borrowers for a faster, better and fairer lending experience. FFX has been meticulously designed to address the challenges facing lenders and borrowers in the modern financial landscape.

Mortgage Machine Services Enhances Digital Mortgage LOS with Addition of AI-Powered Document Management System

ADDISON, Texas /ScoopCloud/ — Mortgage Machine Services, an industry leader in digital origination technology to residential mortgage lenders, today announced the addition of Click n’ File, an innovative document management system, to its namesake, all-in-one loan origination system (LOS) Mortgage Machine™. The system leverages artificial intelligence (AI) to automate document management tasks like sorting, stacking, classification and indexing, eliminating monotonous manual data entry and improving overall operational efficiency.

Dark Matter Technologies adds mortgage technology veteran Michael Housch as chief risk and information security officer

JACKSONVILLE, Fla. /ScoopCloud/ — Dark Matter Technologies (Dark Matter), an innovative new leader in mortgage technology backed by time-tested loan origination software and leadership, today announced the appointment of Michael Housch as chief risk and information security officer. Housch, a C-suite and information security veteran of two and a half decades, joins Dark Matter following an eight-year stint with Black Knight, Inc (acquired by Intercontinental Exchange).

ACES Quality Management Announces Preliminary Speaker Lineup for ACES ENGAGE 2024

DENVER, Colo. /ScoopCloud/ — ACES Quality Management® (ACES), the leading provider of enterprise quality management and control software for the financial services industry, has announced its speaker lineup for the upcoming ACES ENGAGE conference, taking place at the Ritz Carlton Dove Mountain hotel in Tucson, Ariz., May 19 – 21, 2024.

FormFree partners with original ‘Shark’ and iconic entrepreneur Kevin Harrington to launch Passport portable financial ID

ATHENS, Ga. /ScoopCloud/ — FormFree has partnered with serial entrepreneur Kevin Harrington of “Shark Tank” fame to promote Passport, a free service that makes it easy for consumers to quantify their borrowing power and share their verified assets, employment, annual and residual income and rent payment history with their preferred lender in just minutes from any web-enabled device.

Dark Matter Technologies joins ACUMA as an affiliate member

JACKSONVILLE, Fla. /ScoopCloud/ — Dark Matter Technologies (Dark Matter), an innovative new leader in mortgage technology backed by time-tested loan origination software and leadership, has joined the American Credit Union Mortgage Association (ACUMA) as an affiliate member. Through its membership, Dark Matter aims to help credit unions increase loan origination, improve loan quality and enhance member satisfaction.

Mortgage Capital Trading Named Best Place To Work 2023 By SDBJ

SAN DIEGO, Calif. /ScoopCloud/ — Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, announced that it has been named one of the Best Places to Work 2023 by the San Diego Business Journal (SDBJ) in the medium-sized company category (50 – 249 U.S. employees).

MMI expands Custom Dashboard Hub with Community Reinvestment Act and low-to-moderate income data analytics capabilities

SALT LAKE CITY, Utah /ScoopCloud/ — Mobility Market Intelligence (MMI), a leader in data intelligence and market insight tools for the mortgage and real estate industries, today announced the addition of a suite of new dashboards to its growing Custom Dashboard Hub. The six new dashboards allow lenders to penetrate areas of high growth and increase the span of actionable insights and applications for users.

Affinity Plus Federal Credit Union Selects LenderLogix’s QuickQual to Improve Transparency and Responsiveness During Mortgage Borrowers’ Home Search

BUFFALO, N.Y. /ScoopCloud/ — LenderLogix, a leading provider of mortgage point-of-sale and automation software for banks, credit unions, independent mortgage banks and brokers, today announced that Minnesota-based Affinity Plus Federal Credit Union (Affinity Plus) has selected its pre-approval letter generation tool QuickQual to provide borrowers with a white-labeled, digitally-driven entry point into their homebuying experience.