Tag Archives: FinTech

Enhanced integration between the Empower LOS and DocMagic adds support for home equity, wholesale channels

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 significant enhancements to the integration between the comprehensive Empower® loan origination system (LOS) and DocMagic's document generation solution.

DocMagic, a leader in fully compliant loan document generation and comprehensive eMortgage services, debuted its native integration with the Empower system last year, making it seamless for retail mortgage lenders who use the Empower system to order initial and closing disclosures from DocMagic without having to build a custom connection. As a result of the latest enhancements to the integration, DocMagic services are now also available for wholesale and home equity originations in the Empower system.

"It's really significant when two best-in-class vendors like Dark Matter and DocMagic integrate their products so customers no longer have to build out custom integrations - now it's a true union," said Rich Gagliano, Dark Matter Technologies' chief executive officer. "We're taking that value and convenience even further by bringing it to multiple origination channels."

"We are thrilled to strengthen our collaboration with Dark Matter, offering top-tier documentation, compliance and eServices while also providing customers of the Empower system exceptional support backed by our award-winning customer service," said DocMagic President and CEO Dominic Iannitti. "We look forward to continuing to integrate our two services further, supplying our proprietary ClickSign®, eNotary and Total eClose™ capabilities."

About Dark Matter Technologies:

Operating with the nimble nature of a startup and the disciplined maturity of one of the industry's leading providers, Dark Matter Technologies delivers cutting-edge technology, unparalleled automation and relentless innovation to leading mortgage lenders and companies nationwide. For more information, visit https://www.dmatter.com.

About DocMagic:

DocMagic, Inc. is the leading provider of fully compliant document generation, automated compliance, eSignature, and comprehensive eMortgage solutions for the mortgage industry. Founded in 1987 and headquartered in Torrance, Calif., DocMagic, Inc. develops award-winning software, mobile apps, and web-based systems for the production and delivery of compliant loan document packages. The company's solutions connect industry participants, promote collaboration, and ensure data integrity to execute precision-based digital lending transactions. 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/.

Dark Matter Technologies (Dark Matter), an innovative new leader in mortgage technology backed by time-tested loan origination software and leadership, today announced significant enhancements to the integration between the comprehensive Empower® loan origination system (LOS) and DocMagic's document generation solution.

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

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. Solvent broke ground in 2022 when it was accepted as part of the inaugural cohort of Amazon's AWS Impact Accelerator for Black Founders, an eight-week program designed to help high-potential, pre-seed startups led by under-represented founders.

Additionally in 2022, Solvent was accepted into Village Capital's Innovations in Justice Tech, a fellowship program in collaboration with AmFam Institute and Dream.org that supports entrepreneurs building innovations to improve the lives of individuals and communities impacted by the justice system.

DIVINE grew up in Fort Greene, Brooklyn, and endured childhood poverty and incarceration at age 19. Realizing his potential was boundless but his options were limited, following his release DIVINE took a leap of faith and asked Ben Horowitz, general partner and co-founder of venture capital firm Andreessen Horowitz, to mentor him. Horowitz, who grew up a hip-hop/rap fan in Berkeley, California, agreed. The mentorship proved a turning point for DIVINE, and his transformation from system-impacted youth to tech-founder has been featured in Forbes, TechCrunch, Black Enterprise, Entrepreneur and Inc.

"We are extremely pleased that DIVINE has joined us and feel he is uniquely qualified to convey our message of financial parity for unserved and underserved communities," said FormFree CEO and founder Brent Chandler. "DIVINE will be on the front lines of FormFree's engagement of unserved and underserved communities he connects with in ways that are authentic and impactful."

DIVINE joined Chandler and Kevin Harrington of ABC's Shark Tank fame at the Mortgage Bankers Association's 2023 Convention & Expo in support of FormFree's launch of Passport and the FormFree Exchange (FFX). Following a discussion of the opportunities lenders have to meet a diverse array of homebuyers with a consumer-centric experience, DIVINE closed out the session with a performance of his song H.O.P.E. (Helping Oppressed People Elevate).

As head of culture at FormFree, DIVINE will use his new platform and hip-hop/rap talent to reach out to unserved and underserved urban renters with messages of financial empowerment and hope. Further, DIVINE will work closely with Harrington in a collaborative partnership with FormFree to bring awareness and empowerment to this audience.

"Hip-hop/rap culture and music in particular is a universal and global language," said DIVINE. "What better way than using it to help build awareness of the benefits of homeownership and provide a technology bridge so people will be able to take control of their financial futures."

"Technologies like Passport and the FormFree Exchange can change everything for minority homebuyers, getting rid of the disregard on one side and distrust on the other. It takes all the judgment away. Borrowers can raise their profile with lenders, and lenders know they're creditworthy and compete for their business, so it's a win-win for buyers and lenders," added DIVINE. "With Solvent and FormFree's shared mission and vision, there's a perfect alignment, and I'm really proud to be part of this unique partnership to bring about transformation."

About FormFree®:

FormFree empowers consumers to understand their ability to pay and share it with lenders like never before. Using FormFree's Passport® app, consumers can verify all the core financial data required by loan underwriters - including identity, assets, income, employment credit history and cash-flow data - in seconds. Once consumers are ready to transact, they can anonymously share their verified data on the FormFree Exchange (FFX) and receive immediate offers from a marketplace of lenders who fully understand their ability to pay, residual income and eligibility for down payment assistance and inclusive lending programs. For more information, visit https://www.formfree.com/ or follow FormFree on LinkedIn.

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.

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

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.

"Floify Broker Edition is born out of a deep understanding of the unique challenges faced by mortgage brokers, which include juggling a burdensome administrative workload, regulatory compliance and multiple technologies with minimal support," said Floify President and General Manager Sofia Rossato. "The platform is designed to make mortgage lending easier and more cost-effective while enabling mortgage brokers to provide a sleek and intuitive loan management portal for borrowers."

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. Floify's borrower-friendly interface increases application pull-through, while rule-based automations promote operational efficiency by performing rote tasks and advancing loans behind the scenes.

Broker Edition comes equipped with four pillar features that enable brokers to use the platform in lieu of a traditional loan origination system (LOS) or as a complement to their existing LOS.

* Mortgage Call Reports (MCR) functionality allows brokers to swiftly generate mandatory NMLS reporting documentation and export reports by quarter, year and state, streamlining a burdensome compliance requirement.

* Dual Automated Underwriting System (AUS) functionality enables brokers to order AUS findings from Fannie Mae and Freddie Mac and view findings side-by-side to identify documentation requirements and counsel borrowers more effectively.

* A Product Pricing Engine (PPE) integration with Lender Price's PPE automatically syncs borrower 1003 data so brokers can provide accurate, real-time pricing quotes.

* A United Wholesale Mortgage (UWM) integration enables brokers to electronically submit loan applications to UWM, substantially expediting the loan submission process.

"Brokers deserve access to the same quality tools as their enterprise lender colleagues and Floify Broker Edition provides exactly that," said Rossato. "We are proud to offer a complete lending platform that makes financing homes easier for brokers and the borrowers they serve."

About Floify

Floify is a digital mortgage automation solution that streamlines the loan process by providing a secure application, communication, and document portal between lenders, borrowers, referral partners, and other mortgage stakeholders. Loan originators use the platform to collect and verify borrower documentation, track loan progress, communicate with borrowers and real estate agents, and close loans faster. The company is based in Boulder, Colorado and is a subsidiary of Porch Group, Inc. ("Porch Group") (NASDAQ: PRCH). For more information, visit the company's website at https://floify.com/ or on social media at Facebook, LinkedIn, or Twitter / X.

Forward-Looking Statements

Certain statements in this release may be considered "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Although the Company believes that its plans, intentions, and expectations reflected in or suggested by these forward-looking statements are reasonable, the Company cannot assure you that it will achieve or realize these plans, intentions, or expectations. Forward-looking statements are inherently subject to risks, uncertainties, assumptions, and other factors which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Generally, statements that are not historical facts, including statements concerning the Company's possible or assumed future actions, business strategies, events, or results of operations, are forward-looking statements. These statements may be preceded by, followed by, or include the words "believes," "estimates," "expects," "projects," "forecasts," "may," "will," "should," "seeks," "plans," "scheduled," "anticipates," "intends," or similar expressions.

These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by Porch and its management at the time they are made, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: (1) expansion plans and opportunities, and managing growth, to build a consumer brand; (2) the incidence, frequency, and severity of weather events, extensive wildfires, and other catastrophes; (3) economic conditions, especially those affecting the housing, insurance, and financial markets; (4) expectations regarding revenue, cost of revenue, operating expenses, and the ability to achieve and maintain future profitability; (5) existing and developing federal and state laws and regulations, including with respect to insurance, warranty, privacy, information security, data protection and taxation, and management's interpretation of and compliance with such laws and regulations; (6) the Company's reinsurance program, which includes the use of a captive reinsurer, the success of which is dependent on a number of factors outside management's control, along with reliance on reinsurance to protect us against loss; (7) uncertainties related to regulatory approval of insurance rates, policy forms, insurance products, license applications, acquisitions of businesses or strategic initiatives, including the reciprocal restructuring, and other matters within the purview of insurance regulators; (8) reliance on strategic, proprietary relationships to provide the Company with access to personal data and product information, and the ability to use such data and information to increase transaction volume and attract and retain customers; (9) the ability to develop new, or enhance existing, products, services, and features and bring them to market in a timely manner; (10) changes in capital requirements, and the ability to access capital when needed to provide statutory surplus; (11) the increased costs and initiatives required to address new legal and regulatory requirements arising from developments related to cybersecurity, privacy, and data governance and the increased costs and initiatives to protect against data breaches, cyber-attacks, virus or malware attacks, or other infiltrations or incidents affecting system integrity, availability and performance; (12) retaining and attracting skilled and experienced employees; (13) costs related to being a public company; and (14) other risks and uncertainties discussed in Part I, Item 1A, "Risk Factors," in the Company's Annual Report on Form 10-K for the year ended December 31, 2022, and in Part II, Item 1A, "Risk Factors," in our Quarterly Report on Form 10-Q for the quarter ended March 31, 2023, as well as those discussed in subsequent reports filed with the Securities and Exchange Commission ("SEC"), all of which are available on the SEC's website at www.sec.gov.

Nothing in this release should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements, which speak only as of the date of this release. Unless specifically indicated otherwise, the forward-looking statements in this release do not reflect the potential impact of any divestitures, mergers, acquisitions, or other business combinations that have not been completed as of the date of this release. Porch does not undertake any duty to update these forward-looking statements, whether as a result of changed circumstances, new information, future events or otherwise, except as may be required by law.

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.

Related link: https://floify.com/

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. Fishman was recognized for his championship of Argyle's mortgage-ready offering, which allows lenders to instantly generate income and employment verifications, pull borrowers' pay stubs and W-2s without friction and automate loan repayments.

In the last 12 months, Argyle has secured new data quality and security certifications, established integrations with the industry's top loan origination technologies and become the first consumer-permissioned provider of income and employment verifications to support the Desktop Underwriter® (DU®) Validation Service from Fannie Mae. Under Fishman's leadership, Argyle has grown revenue over 100% year-over-year and has welcomed more than 50 new mortgage customers in 2023.

"Argyle's goal is to empower lenders to make decisions based on income and employment that is real-time, consumer-permissioned and equitable for all working individuals, not just full-time employees," said Fishman. "Developing novel ways to organize all the information wrapped up in employment records is a team effort. We are proud to be transforming mortgage underwriting with data that streamlines lender operations, reduces the growing issue of fraud and ensures up-to-the-minute accuracy."

"HousingWire's Tech Trendsetters award provides a unique platform for us to shine a spotlight on the visionaries steering the course of the tech organizations that are reshaping the housing landscape," HousingWire's Editor in Chief Sarah Wheeler said. "These trailblazers play a pivotal role in the success of their mortgage and real estate clientele. Once again, they have exceeded expectations, addressing some of the most pressing challenges within the housing sector with ingenuity and determination."

The full list of 2023 HW Tech Trendsetters will be profiled in the December/January issue of HousingWire magazine. Winners were selected by a panel of HousingWire editors and reporters based on their accomplishments and professional success over the last 12 months. The complete list of HW Tech Trendsetters can be found online at https://www.housingwire.com.

About Argyle:

Argyle is the leading provider of direct-source access to real-time income and employment data. With Argyle, companies automate critical workflows-including income and employment verifications, deposit switches, wage advances and loan repayments-so they can build better, more efficient processes, reduce risk and scale their business. Argyle largely serves the mortgage, background checks, personal lending and banking industries as well as the gig economy.

Founded in 2018, Argyle has raised over $77.6 million in capital and is backed by top investors, including Bain Capital Ventures, Bedrock, Checkr, F-Prime and SignalFire. Argyle's coverage of the U.S. workforce includes 99% of the Fortune 1000, is superior to the three largest credit bureaus and delivers hit rates higher than other data providers. Argyle has been recognized by Fintech Nexus as an Emerging Fintech Innovator, Forbes as one of America's Best Startup Employers, Tearsheet as the Best Alternative Data Product and Fintech Futures as a 2023 Fintech Startup of the Year. Argyle is also an authorized report supplier for Fannie Mae's Desktop Underwriter® validation service, a component of Day 1 Certainty®.

For more information on Argyle's industry-leading platform, please visit https://www.argyle.com/. To stay up to date on all Argyle news, sign up for our newsletter here.

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.

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

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. Together, these tools empower Encompass Lending Group's loan officers to deliver a digital-first borrower experience throughout the pre-approval and loan application process.

Leveraging LiteSpeed and QuickQual at the front end of its origination process ensures a smooth transition for Encompass Lending Group's borrowers from pre-qualification to application. With QuickQual and LiteSpeed, Encompass Lending Group's borrowers experience a consistent, modern, streamlined experience from the first point of contact through application to complement the high-touch service its loan officers provide.

"We understand every borrower is different. Our services are custom-tailored to every borrower, and we thought our technology should reflect that," said Encompass Lending Group's Paul Marsh, EVP of National Sales. "QuickQual and LiteSpeed enable us to deliver a highly engaging experience for our borrowers from the early stages of the relationship, which helps us increase our conversion rates and provides a tremendous boost to our sales team's efforts."

"Today's borrowers have more options than ever when selecting a lender. As a former lender, it's easy to get bogged down in the noise of technology 'solutions.' LiteSpeed and QuickQual solve the present-day challenges of loan officers without the bulk," said LenderLogix Co-Founder and CEO Patrick O'Brien. "Our products provide personalized, digital experiences for the borrower while saving a few more minutes per transaction in the loan officer's day. With the seamless integration between our products and the LOS, it's a win-win for everyone."

About LenderLogix:

LenderLogix leverages the four decades of firsthand mortgage origination and real estate experience of its executive team to design customized software and APIs to meet the needs of today's mortgage lenders. The company's suite of products addresses the speed at which today's real estate market moves by delivering technology solutions that create agile and informed borrowers, build strong referral partners and ultimately save lenders time and money. For more information, visit https://www.lenderlogix.com/.

About Fathom Holdings Inc.:

Fathom Holdings Inc. is a national, technology-driven, real estate services platform integrating residential brokerage, mortgage, title, insurance, and SaaS offerings to brokerages and agents by leveraging its proprietary cloud-based software, intelliAgent. The Company's brands include Fathom Realty, Dagley Insurance, Encompass Lending, intelliAgent, LiveBy, Real Results, and Verus Title. For more information, visit https://fathominc.com/.

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.

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

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.

Empower combines intelligent process automation with all-in-one functionality to expeditiously process loans with minimal lender intervention. Using a method referred to as "exception-based processing," Empower works behind the scenes to make originating mortgage loans easier, faster and more efficient for lenders and the borrowers they serve.

"Dark Matter aims to become the invisible backbone behind its clients' mission-critical operations by providing credit unions with scalable, next-generation mortgage automation that enhances their members' experience," said Bob Brandt, managing director of sales at Dark Matter.

Headquartered in Lakeland, Florida, Publix Employees Federal Credit Union (PEFCU) is a member-owned co-operative that was founded in 1957 to meet the needs of Publix Super Markets associates and their family members.

"We're here to offer our members exceptional, convenient and innovative financial options throughout all phases of their life," said Jeremiah Kossen, PEFCU's President and CEO. "Our contract with Dark Matter will help us remain committed to giving them an efficient and seamless home buying experience."

Dark Matter is a member of the American Credit Union Mortgage Association (ACUMA), an organization dedicated to helping credit unions optimize their real estate financing services. Brandt and the entire Dark Matter team have been working closely with credit unions across the country to demonstrate how Empower and other Dark Matter technologies can improve workflows and bolster the bottom line.

About Dark Matter Technologies:

Operating with the nimble nature of a startup and the disciplined maturity of one of the industry's leading providers, Dark Matter Technologies delivers cutting-edge technology, unparalleled automation and relentless innovation to leading mortgage lenders and companies nationwide. For more information, visit https://www.dmatter.com/.

About Publix Employees Federal Credit Union:

PEFCU has over $1 billion in assets and maintains a five-star rating by Bauer Financial with an "A+" in financial health. PEFCU operates six full-service branch offices located in Florida: Lakeland, Pembroke Pines, Royal Palm Beach, Altamonte Springs, Sarasota, and Jacksonville, and one full-service branch located in Lawrenceville, Georgia. For more information, visit https://www.pefcu.com/.

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.

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

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.

"Few people bring the passion and vision to a challenge like Ryan Caldwell. He is a strong advocate for creating an open finance ecosystem that offers improved financial outcomes for consumers and the businesses that serve them, which aligns with our own philosophy," said FormFree founder and CEO Brent Chandler. "We're honored to have Ryan join our board of directors as we decentralize consumer financial data and democratize access to credit."

Caldwell founded MX as a mission-driven organization focused on empowering the world to be financially strong. Prior to founding MX, Caldwell built and successfully exited multiple technology startups and performed consulting work in the United States, Singapore and London for large corporations, including Visa and Microsoft.

"I am excited to continue my work with FormFree, now as a board member," said Ryan Caldwell, founder and executive chair, MX. "We share a vision to improve consumer and business outcomes by helping businesses to reliably connect and verify financial data, gain customer intelligence and deliver personalized money experiences to improve customer engagement and retention."

Caldwell and Chandler share parallel philosophies ranging from a conviction to help empower financial strength and freedom to honoring and protecting our service members and precious freedoms. Caldwell completed the majority of undergraduate hours at the United States Air Force Academy and transferred to the Marriot School of Management at BYU to finish his degree in Business Management with an emphasis in Information Systems.

About FormFree®:

FormFree empowers consumers to understand their ability to pay and share it with lenders like never before. Using FormFree's Passport® app, consumers can verify all the core financial data required by loan underwriters - including identity, assets, income, employment credit history and cash-flow data - in seconds. Once consumers are ready to transact, they can anonymously share their verified data on the FormFree Exchange (FFX) and receive immediate offers from a marketplace of lenders who fully understand their ability to pay, residual income and eligibility for down payment assistance and inclusive lending programs.

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

X/Twitter: @RealFormFree #mortgage #mortgageindustry #fintech #digitalmortgage @mX

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.

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

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. Agile clients already approved with Baird will automatically see them added as an option for individual and competitive trading, and clients interested in an introduction can contact Agile or work with their Baird representative for more information.

"Baird's partnership with Agile allows us to provide our clients best in class service in a space where every basis point matters. Our mortgage professionals understand the risks mortgage lenders face in a variety of markets, and Agile provides an efficient and reliable tool our clients need to manage those risks. The increased flow we have seen through the Agile system has been crucial to our growth in this space and will continue to be for many years to come," says Jason Walters, Managing Director of Baird.

Agile's mission is to unlock the potential of an electronic marketplace and grow its network of lenders and broker-dealers to efficiently interact with the market and their counterparties.

Agile's broker-dealer network now consists of 20 broker-dealers with access to a growing pool of mortgage lenders who trade TBAs. With easy electronic access to new clients and added volume, Agile's electronic RFQ platform and MBS pool bidding provides MBS and all broker-dealers on the platform with increased trading partners and requests, heightened granularity and speed, and an excellent client experience.

About Baird:

Founded in 1919 in Milwaukee, Wisconsin, Baird's financial advice and expertise has helped guide clients through changing market cycles and unexpected events across generations. Being privately held has enabled us to grow and manage our firm responsibly, from a position of enduring financial strength and with a long-term focus on the best interests of our clients, our associates and the communities we share. Today Baird serves the investment and financial planning needs of individuals, families, small businesses, foundations, schools and other public entities throughout the United States as well as corporations and institutional investors around the world. And, because we are employee-owned, our clients can trust that we all share a personal stake in the successes we strive to help them achieve.

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

About Agile:

The industry's first MBS fintech, Agile brings together lenders and dealers of all sizes onto a single platform. Agile facilitates the exchange of TBA MBS by securing and automating communication between mortgage lenders and broker-dealers. Agile digitizes the historically phone-based process to an electronic platform which may improve profitability and efficiency, while reducing administrative errors. Through its competitive TBA RFQ digital platform, mortgage lenders gain access to national and regional broker-dealers previously inaccessible on digital platforms, while broker-dealers gain access to an ever-growing network of lenders. Based in Philadelphia, Agile Trading Technologies supports a national network of clients with a team of capital markets professionals who have deep trading experience at financial organizations of every size. Learn more: https://trade-agile.com/.

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.

Related link: https://trade-agile.com/

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. Four of its owner credit unions will use Empower to originate mortgage loans.

"The shared services model is alive and well in the credit union space because it's a smart strategy for maximizing efficiency, cost savings and scalability - the very same benefits Dark Matter's Empower delivers for lenders of all kinds," said Dark Matter CEO Rich Gagliano. "We are proud to introduce expanded support for joint ventures that frees credit unions to offer customized member experiences while reaping all the benefits of the CUSO model. CUSO Home Lending is driving innovation as the first CUSO to implement this new feature set."

Headquartered in Hampden, Maine, CUSO Home Lending is a credit union service organization and licensed mortgage company owned by credit unions and the Maine Credit Union League. For 30 years, CUSO Home Lending has supported its owner credit unions and the communities they serve with cost-effective access to mortgage fulfillment services, loan servicing and origination technology.

"Technology has become a central focus of our business strategy because of the value it drives for our credit union owners and partners, and the superior mortgage experience it enables us to deliver to consumers," said CUSO Home Lending President and CEO Lori Michaud. "We evaluated a lot of potential origination technologies, and Dark Matter's Empower LOS stood out for its highly advanced automation, the knowledge of its staff and its ability to individualize our credit unions' sites with their own branding, products and pricing."

About Dark Matter Technologies:

Operating with the nimble nature of a startup and the disciplined maturity of one of the industry's leading providers, Dark Matter Technologies delivers cutting-edge technology, unparalleled automation and relentless innovation to leading mortgage lenders and companies nationwide. For more information, visit https://dmatter.com/

About CUSO Home Lending:

CUSO Home Lending is a licensed mortgage company owned by Maine credit unions. We have been originating and servicing mortgages since 1993. Our mission is to provide consumer-credit union members as well as non-members-with a full menu of competitively priced residential mortgage products and services with extraordinary courtesy and exceptional service. CUSO strives to provide a variety of loan programs for both low-income and first-time homebuyers, as well as for moderate- to higher income borrowers. For more information, visit https://www.cusohl.com/

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.

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

Dovenmuehle Adds Loss Draft Notification and Secure Messaging Features to Its Borrower-Facing Mortgage Subservicing Platform

LAKE ZURICH, Ill. /ScoopCloud/ -- Dovenmuehle Mortgage, Inc. (Dovenmuehle), a leading mortgage subservicing company, announced today that it has released two new features that provide transparency and improve communication through the company's borrower-facing web and mobile applications.

With the new Loss Draft Notifications feature, borrowers with pending loss draft claims receive in-app notifications for each claim filed and can access basic information on their claim, as well as updates on individual disbursements for each claim. On the client side, the Loss Draft Notification feature ensures lenders stay current on their borrowers' loss draft claims through timely status updates on outstanding loss draft claims. Because all claim details are organized and stored within Loan Profile, lenders can easily track all disbursements for individual borrower claims.

Dovenmuehle's Secure Messaging feature offers borrowers a secure messaging portal within the self-serve application to connect directly with representatives and resolve their inquiries efficiently and securely. This user-friendly messaging system facilitates fast interactions, storing all conversations safely in one place. Leveraging artificial intelligence (AI), the system automatically routes requests directly to the applicable operational departments. Secure messaging is fully integrated with Dovenmuehle's Loan Service Desk, allowing lenders to track the fast resolution of borrower inquiries and requests with Dovenmuehle's internal teams.

Loan Service Desk also allows lenders to send direct messages by category and upload supporting documentation to route borrower inquiries to the appropriate party through AI decisioning. Lenders also receive notifications and can reply quickly to the assigned DMI representative to continue the conversation and provide detailed information, with all messages and attachments archived in the application for easy retrieval and tracking.

"We believe in making every step clear and straightforward for our customers while also adhering to the highest standards of compliance," said Dovenmuehle Senior Vice President of IT George Mynatt. "Our latest release, featuring the integration of the Loss Draft Notification and Secure Messaging system, showcases our dedication to this belief. It's not just about meeting regulations; it's about elevating the customer experience. These new features are designed to streamline how we track insurance claims, ensuring that our customers have a seamless and transparent journey with us every step of the way."

About Dovenmuehle:

Founded in 1844, Dovenmuehle (Lake Zurich, Ill.) is a mortgage subservicer for commercial banks, credit unions, independent mortgage lenders, MSR investors and state housing finance agencies nationwide. The company subservices portfolio loans, as well as loans sold to Fannie Mae, Freddie Mac, Ginnie Mae and the Federal Home Loan Bank with servicing retained. Using a combination of best-in-class and proprietary technology, Dovenmuehle helps lenders reduce servicing costs and deliver consistently high levels of service to homeowners while maintaining compliance with investor and regulatory requirements. Learn more at https://dovenmuehle.com/.

Dovenmuehle Mortgage, Inc. (Dovenmuehle), a leading mortgage subservicing company, announced today that it has released two new features that provide transparency and improve communication through the company's borrower-facing web and mobile applications.

Related link: https://dovenmuehle.com/

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. Agile clients already approved with HilltopSecurities will automatically see them added as an option for individual and competitive trading, and clients interested in an introduction can contact Agile or work with their HilltopSecurities representative for more information.

"Providing better execution, liquidity, and transparency to mortgage lenders is a key element in the expansion of Hilltop's mortgage business," says Justin Tannen, Agency MBS TBA Trader at HilltopSecurities. "We cover a wide array of products and have a large customer base of non-originators, so partnering with Agile was an easy decision to make. It allows us to assist a large network of lenders, helping us round out the end-accounts we trade with.

"Given our deep reach in the mortgage world, we are in a unique position to use our superior liquidity to provide better pricing to lenders - which they need now more than ever amid heightened volatility and wide bid/ask spreads. Our goal is to tighten markets and improve liquidity - we will never bid or offer behind the screens. Ultimately, we want to be a one stop shop for lenders: between our own originator, Prime Lending, the warehouse lending we provide through our bank, Plains Capital, and us at HilltopSecurities, we are well-positioned to compete in this sector and Agile helps us get there."

Agile's mission is to unlock the potential of an electronic marketplace and grow its network of lenders and broker-dealers to efficiently interact with the market and their counterparties.

Agile's broker-dealer network now consists of 20 broker-dealers with access to a growing pool of mortgage lenders who trade TBAs. With easy electronic access to new clients and added volume, Agile's electronic RFQ platform and MBS pool bidding provides MBS and all broker-dealers on the platform with increased trading partners and requests, heightened granularity and speed, and an excellent client experience.

About HilltopSecurities:

Founded in 1946, HilltopSecurities is a full-service investment bank and wealth advisory firm providing financial services for public entities, institutional investors, housing finance agencies, broker-dealers, and individual investors. HilltopSecurities represents a unique blend of financial strength, industry knowledge, and decades of experience helping clients pursue their bold visions.

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

About Agile:

The industry's first MBS fintech, Agile brings together lenders and dealers of all sizes onto a single platform. Agile facilitates the exchange of TBA MBS by securing and automating communication between mortgage lenders and broker-dealers. Agile digitizes the historically phone-based process to an electronic platform which may improve profitability and efficiency, while reducing administrative errors. Through its competitive TBA RFQ digital platform, mortgage lenders gain access to national and regional broker-dealers previously inaccessible on digital platforms, while broker-dealers gain access to an ever-growing network of lenders. Based in Philadelphia, Agile Trading Technologies supports a national network of clients with a team of capital markets professionals who have deep trading experience at financial organizations of every size.

Learn more: https://trade-agile.com/.

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.

Related link: https://trade-agile.com/

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.

RON, short for Remote Online Notarization, is a contemporary, secure, and highly efficient method for notarizing documents. At Secured Signing, we harness innovative technology to confirm the identities of all signers, ensuring the utmost accuracy in the notarization process. Our user-friendly and intuitive process guarantees a seamless experience for signers of all backgrounds and preferences.

Key Features of Secured Signing's RON Platform:

* Simultaneous Visual and Audio Transmission: Secured Signing's platform enables real-time visual and audio communication, ensuring a clear and efficient notarization process.

* Evidence of Document Integrity: Using X509 Digital Signatures, Secured Signing offers robust protection against any unauthorized changes or tampering with your documents.

* Live, Real-Time RON Sessions: The notarization process on the Secured Signing platform is live and conducted in real-time, ensuring a secure and efficient experience.

* Recorded RON Sessions: Every RON session is securely recorded, providing an added layer of protection and evidence.

"We are thrilled to be approved as a RON vendor for the state of Delaware," stated Mike Eyal, CTO and Founder at Secured Signing. "We are committed to providing notaries with a convenient, secure, and affordable solution for notarizing documents online. We are excited to offer the Secured Signing platform to the state of Delaware and contribute to modernizing the notarization process."

Secured Signing proudly holds membership with the National Notary Association (NNA) and actively participates in events hosted by organizations such as ALTA, MBA, and ABA.

Secured Signing's latest approval in Delaware is yet another significant milestone in our mission to deliver efficient RON solutions to notaries and their clients. This achievement further underscores our unwavering dedication to extending the reach of our services. Secured Signing's Remote Online Notarizations platform is approved in 39 States.

About Secured Signing:

Secured Signing is a trusted provider of Remote Online Notarization (RON) services, dedicated to simplifying the notarization process while ensuring the highest standards of security and authenticity. As an industry leader, Secured Signing offers state-of-the-art technology solutions for notaries, clients, and customers alike.

To learn more about Secured Signing and explore their RON services, please visit the company's website at https://www.securedsigning.com/.

For inquiries, please contact:

800 W. EI Camino Real, Suite 180 Mountain View, CA 94040. +1 408-769-6018

RELATED LINKS:

https://www.securedsigning.com/ron-software/

https://www.securedsigning.com/notary-software/core-features/ron-remote-online-notarization/

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.

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

Shaping the Future of Local Governance: Avenu Insights & Analytics and ClearGov Announce Strategic Partnership

CENTREVILLE, Va. /ScoopCloud/ -- Avenu Insights & Analytics and ClearGov have joined forces in a strategic partnership set to revolutionize local government operations and financial management. This collaboration will span across several crucial areas of cooperation.

The partnership's objective is to bolster revenue streams for local government entities by combining Avenu's extensive expertise in identifying underreported taxes and managing revenue streams with ClearGov's suite of budget cycle management tools. This powerful synergy equips local governments with a comprehensive view of their financial health, ultimately fostering greater financial stability and informed decision-making.

In addition, the partnership seeks to optimize budgeting by combining the power of Avenu's data analytics with ClearGov's user-friendly budgeting and strategic planning tools, providing real-time, actionable insights for more effective financial planning. Moreover, it streamlines local government operations by highlighting the synergy between Avenu's administrative services and ClearGov's budgeting and strategic planning tools, thereby reducing administrative burdens, and enhancing overall operational efficiency.

"This strategic partnership empowers local governments by enhancing revenue and streamlining operations as well as providing digital transformation, seamless payment processing, and a commitment to transparency," shared Avenu CEO Paul Colangelo. "These initiatives aim to foster financial stability, operational efficiency, and stronger bonds of trust between local governments and their communities."

Digital transformation is in focus, as Avenu's compliance auditing and advanced payment processing along with ClearGov's modernization tools provides local government with the tools needed to work more efficiently and enhance the citizen experience. "This collaboration provides the tools for local governments to modernize their operations without needing to overhaul core systems like their ERP," shared ClearGov President & Co-Founder, Bryan Burdic. "Community trust is built through transparency in how governments and citizens communicate with each other. We want to make it easier than ever for governments to build that trust."

This partnership is a testament to the commitment of both companies to reinforce community trust in local government financial practices. Together, Avenu Insights & Analytics and ClearGov are shaping the future of local governance.

About Avenu Insights & Analytics:

Over 3,500 state and local governments have partnered with Avenu to drive positive results for their communities through software administration and revenue recovery solutions. Avenu's comprehensive software digitally transforms government by modernizing processes, providing online access to records, and reducing costs. Avenu also provides a robust ecosystem of revenue management services that identify and recover untapped revenue. State and local governments work closely with Avenu to increase revenue without raising taxes, streamline internal operations, and improve services by enhancing connectivity for constituents.

Avenu is a portfolio company of Mill Point Capital. Learn more about Avenu by viewing this brief Video About Avenu or visit https://www.avenuinsights.com/.

About ClearGov:

ClearGov® is the leading provider of public sector technology solutions to help local organizations simplify their budgeting and licensing processes. ClearGov's Budget Cycle Management solution helps local governments modernize and streamline their entire budgeting process. Its ClearForms platform modernizes any paper or PDF-based workflow process. ClearGov solutions are utilized successfully by more than 900 agencies and are powerful and affordable enough to support local governments of every size. For more information, visit https://cleargov.com/.

RELATED LINKS:

https://www.youtube.com/watch?v=cu_rkNxCeMc

https://millpoint.com/

Avenu Insights & Analytics and ClearGov have joined forces in a strategic partnership set to revolutionize local government operations and financial management. This collaboration will span across several crucial areas of cooperation.

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

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.

"Stephanie is an important part of the management team we're assembling to transform the mortgage lending landscape. She is a proven industry leader and strategic thinker whose industry experience is a perfect match for taking our products into the future," said Dark Matter CEO Rich Gagliano. "We are excited to have Stephanie contribute to our continued market penetration and help Empower reach its full potential in the marketplace."

As chief product officer, Durflinger will spearhead product development for the Empower software and digital products. "I'm energized by the opportunity to work with Rich and the rest of the executive team on the future they've envisioned for Dark Matter's origination technology and for the industry at large," said Durflinger. "I'm also looking forward to working closely with customers, which I think is key to understanding their struggles and giving them unprecedented performance and value."

Prior to her experience at ICE, Durflinger served as executive vice president and chief product officer at Sagent Lending Technologies and as vice president of product management at Ellie Mae, which developed Encompass.

Durflinger holds a product management certification from the University of California, Berkeley, and earned the designation of Accredited Mortgage Professional from the Mortgage Bankers Association (MBA). She was recently named to the board of directors of the Mortgage Industry Standards Maintenance Organization (MISMO), a wholly owned subsidiary of the MBA responsible for developing standards for exchanging information and conducting business in the U.S. mortgage finance industry.

About Dark Matter Technologies:

Operating with the nimble nature of a startup and the disciplined maturity of one of the industry's leading providers, Dark Matter Technologies delivers cutting-edge technology, unparalleled automation and relentless innovation to leading mortgage lenders and companies nationwide. For more information, visit https://www.dmatter.com.

For media queries, contact Depth: https://depthpr.com/contact-us/

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.

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

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.

"With consumer awareness and demand for down payment assistance (DPA) programs on the rise, DPR has become an invaluable resource for lenders seeking to assist homebuyers to navigate the challenges posed by high interest rates and soaring home prices," said Down Payment Resource Founder and CEO Rob Chrane. "It is with great pride that we welcome these lenders who have a shared commitment to growing homeownership in their communities by supporting homebuyer assistance programs."

DPR's robust solution for enterprise lenders comes equipped with four tools that streamline the operationalization of homebuyer assistance programs. The searchable DPA Directory enables product managers to curate programs that meet secondary market requirements, CRA compliance goals and community needs. The Loan Officer Portal automatically matches incoming borrowers to approved assistance programs. The Underwriter Portal provides quick access to program guidelines, and the Consumer Portal generates leads by inviting homebuyers to search for DPA.

"Purchasing a home is a major financial decision that requires careful consideration. At Elevations Credit Union, we understand the significance of this decision and are dedicated to supporting our members throughout the process," said SVP Lending at Elevations Credit Union Elizabeth Million. "We are committed to our Colorado community and strive to make homeownership accessible for all our members, regardless of their circumstances. We recognize that obtaining a down payment can be a significant barrier to homeownership, and so we partner with down payment assistance providers to increase homeownership opportunities for all members, including those with low and moderate incomes, enabling us to continue investing in our Colorado community."

"It's important that our customers get the down payment assistance they need, so our partnership with DPR makes perfect sense," said Brian Gilpin, CFO and Head of Capital Markets with Embrace Home Loans. "Working with DPR enhances our efforts to promote sustainable, affordable homeownership for underserved communities."

"Homeowners Financial Group is committed to supporting our local communities. We are experts in local homebuyer assistance programs and strive to help everyone achieve the dream of homeownership," said Chief Operations Officer at Homeowners Financial Group Nelson De Leon. "Our partnership with Down Payment Resource enhances our ability to match prospective homebuyers with affordable lending products and ensures an exceptional customer experience."

"RWM is dedicated to helping as many people as possible achieve their dream of homeownership. We are proud to offer a variety of down payment assistance programs as a solution when the down payment is a barrier to purchasing a home," said RWM Home Loans Director of Sales Success Victoria Nash. "Our partnership with Down Payment Resource allows us to keep track of all of our approved DPA programs, in one easy-to-use directory. The LO and Underwriting Portals are huge time-savers for our team so that they can focus on what really matters - finding DPA matches for our borrowers and helping them become homeowners much sooner than they thought possible. This is a great resource for loan officers, homebuyers, Realtors, underwriters, processors and anyone who is looking for more information on how they can utilize down payment assistance programs!"

About Down Payment Resource:

Down Payment Resource (DPR) is an award-winning technology provider helping the housing industry connect homebuyers with the homebuyer assistance they need. With tool sets tailored for real estate agents, multiple listing services and mortgage lenders, DPR's technology empowers housing professionals to make affordable home financing opportunities more accessible while growing business and forging referral partnerships. The only organization to track the details of every U.S. homebuyer assistance program, DPR frequently lends its expertise to nonprofits, housing finance agencies, policymakers, government-sponsored enterprises, think tanks and trade organizations seeking to improve housing affordability. Its technology is used by five of the top 10 retail mortgage lenders by volume, three of the four largest real estate listing websites and 600,000 real estate agents.

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

For media queries, contact Depth: https://depthpr.com/contact-us/

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.

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

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. With interest rates and home prices driving down loan application numbers and the prohibitive costs of lead generation eroding lender profitability, FFX offers a solution that reshapes lending as we know it.

"FormFree Exchange is where lenders meet qualified borrowers," said Brent Chandler, founder and CEO of FormFree. "Our platform represents the future of lending, providing a transparent and efficient way for home, auto and consumer lenders to connect with high-intent borrowers. It's not just about making loans; it's about making lending accessible and profitable for all."

How FFX Works:

FFX eliminates the need for lenders to sift through unqualified or unready leads by providing verified financial data from borrowers who have already demonstrated that they are ready and willing to transact using FormFree's free Passport® service. Lenders receive this data in the form of an anonymous Qualified Borrower (QB) Medallion that empowers them to make competitive loan offers while protecting borrowers' identities until an offer is extended and accepted.

Attributes provided in a QB Medallion include:

* Intent: Understanding the borrower's financial goals and requested loan type and amount

* Assets: Detailed account balances and transaction history

* Income: Validation of typical monthly income and income stability

* Employment: Verification of employment details and payment frequency

* ATP Analytics: In-depth ability-to-pay insights, including cash-flow index, Residual Income Knowledge Index® (RIKI)®, credit score and rent payment history

* CRA & DPA Eligibility: Identification of borrowers eligible for down payment assistance and programs for low-to-moderate income and minority consumers

A More Inclusive Approach

Outdated underwriting standards exclude millions of lendable consumers who have low FICO scores or nontraditional income but can sustainably support a mortgage. By providing a holistic view of each borrower's finances, FFX allows lenders to help more consumers access the loans they need without taking on additional risk.

"Guild Mortgage is proud to be among the ten inaugural FormFree Exchange members who have signed up to be matched with motivated and creditworthy borrowers, many of whom would be weeded out and excluded from financing by traditional lead acquisition routes," said David Battany. "We welcome this transparent model and feel confident in our ability to compete for the business of borrowers that are a good match for Guild."

Lenders are encouraged to join leading institutions like AmeriSave, Developer's Mortgage, Guaranteed Rate, Guild Mortgage, Highland Mortgage, Kind Lending, Paramount Residential Mortgage Group (PRMG), Sage Mortgage, Synergy One Lending and Ready Life in joining the FormFree Exchange.

Sign up today and be part of a transformative marketplace that drives profitability and inclusivity: https://ffx.formfree.com/

About FormFree®:

FormFree empowers consumers to understand their ability to pay and share it with lenders like never before. Using FormFree's Passport® app, consumers can verify all the core financial data required by loan underwriters - including identity, assets, income, employment credit history and cash-flow data - in seconds. Once consumers are ready to transact, they can anonymously share their verified data on the FormFree Exchange (FFX) and receive immediate offers from a marketplace of lenders who fully understand their ability to pay, residual income and eligibility for down payment assistance and inclusive lending programs. For more information, visit https://www.formfree.com/ or follow FormFree on LinkedIn.

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.

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

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.

"Time is money in the mortgage industry, and our software is a time-saving powerhouse. It simplifies complex workflows, speeds up the approval process and empowers mortgage professionals to close loans faster - all while reducing operational expenses," said Mortgage Machine Services Founder and CEO Jeff Bode. "Our new AI enhancements translate into substantial time savings, enabling lenders to focus on building stronger customer relationships."

Using AI, Click n' File manages document intake, identifies and categorizes information from various document types, indexes uploaded documents by loan number, class and subclass using AI and then sorts them into the appropriate folders. The system seamlessly supports all loan documents, utilizing PDFs and the SMART Doc® data and security standard from the Mortgage Industry Standards Maintenance Organization (MISMO), and displays the PDF while retaining the XML code for flexibility in exporting format.

"We understand that every minute and every dollar counts in today's competitive market. We engineered our loan origination software with AI technology to maximize efficiency, enhance accuracy and minimize costs, ensuring our customers remain competitive and profitable," added Bode.

To learn more, schedule a demo at https://www.mmachine.net/los/#demo.

About Mortgage Machine™ Services, Inc.:

Mortgage Machine™ is an industry leader in transforming residential mortgages using a range of digital solutions. Drawing on its extensive industry knowledge and advanced technology infrastructure, the company has been innovating in financial markets since 2007. Today, its flagship LOS product utilizes intelligent automation, configurable business workflows and a cloud-based infrastructure to optimize the entire loan lifecycle. By consolidating retail, wholesale, correspondent and home equity lending onto a single platform, Mortgage Machine™ enables lenders of all sizes to reduce cycle times, costs and risks while improving data quality and borrower satisfaction. Visit http://www.mmachine.net/ to learn more.

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.

Related link: https://www.mmachine.net/

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).

"Mike is a leader whose unparalleled credentials and industry experience are perfectly matched to the challenge Dark Matter is undertaking, which is nothing less than a dramatic reimagination of the mortgage lending process," said Dark Matter CEO Rich Gagliano. "For nearly a decade, Mike ensured our team's security kept up with our pace of innovation, and he's got the discipline and imagination Dark Matter needs to accelerate that pace and unleash our industry's untapped potential."

As Black Knight's chief information security officer (CISO), Housch developed and managed the company's information security vision and strategy to ensure the effective safeguarding of its information assets and technology. At Dark Matter, Housch will likewise oversee a comprehensive DevSecOps program spanning vulnerability management, identity access, cloud architecture, incident response, governance and regulatory audit oversight. In addition, Housch will be responsible for assessing and mitigating Dark Matter's operational, compliance and strategic risks at the enterprise level.

"Rich's vision for Dark Matter presents an invigorating opportunity to apply the wealth of knowledge I've gained and lessons I've learned over a 25-year career," said Housch. "The allure lies in Dark Matter's limitless potential. It's an open field where we can pioneer new approaches and reshape the mortgage landscape from the ground up, with risk and security woven into our strategy from day one. We're about to transform the industry where we've all dedicated our careers."

Prior to Black Knight, Housch served as chief information officer at First Federal Bank of Florida for more than a dozen years. There, he was responsible for keeping the bank on the cutting edge of innovation while also overseeing day-to-day operations and decisions related to institutional growth and efficiency, including oversight of information technology (IT), information security, physical security, electronic banking and business continuity. Housch earned his master's degree in business administration from Florida's Jacksonville University in 2022.

About Dark Matter Technologies:

Operating with the nimble nature of a startup and the disciplined maturity of one of the industry's leading providers, Dark Matter Technologies delivers cutting-edge technology, unparalleled automation and relentless innovation to leading mortgage lenders and companies nationwide.

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

RELATED LINKS:

https://www.blackknightinc.com/

https://www.ice.com/index

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).

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

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.

This year's keynote speaker is Robyn Benincasa, a two-time world champion adventure racer, 20+ year veteran San Diego firefighter, 2014 CNN Hero, Guinness World Record Endurance Kayaker, best-selling author, and founder of The Project Athena Foundation.

In addition, ACES has gathered thought leaders and industry experts for this year's speaker lineup, including:

* Joel Kan, vice president and chief economist at the Mortgage Bankers Association;

* Richard J. Andreano, Jr., partner and practice leader of Ballard Spahr's Mortgage Banking Group; and

* A Fannie Mae representative to be announced.

"With the increased regulatory scrutiny of loan quality and repurchase requests on the rise, lenders must ensure their quality control and risk management processes are up to the challenge," ACES CEO Trevor Gauthier said. "Watching quality control professionals from across the financial services industry gather and share strategies, collaborate with industry leaders and drive the future of quality management and control is the best and highest outcome we could hope for from this event. We're so pleased to share our speaker lineup for next year and look forward to the fruitful discussions that have become a hallmark of this event."

ACES ENGAGE provides a mix of general session presentations, panel discussions and social activities. Attendees will have numerous opportunities to learn from industry experts and thought leaders, network, and leave with the knowledge necessary to increase efficiencies, improve productivity and further quality at their organizations.

Register to attend ACES ENGAGE and learn more at https://www.acesquality.com/aces-engage-2024.

About ACES Quality Management:

ACES Quality Management is the leading provider of enterprise quality management and control software for the financial services industry. The nation's most prominent lenders, servicers and financial institutions rely on ACES Quality Management & Control Software® to improve audit throughput and quality while controlling costs, including:

* 60% of the top 50 independent mortgage lenders;

* 8 of the top 10 loan servicers;

* 11 of the top 30 retail banks; and

* 3 of the top 5 credit unions in the United States.

Unlike other quality control platforms, only ACES delivers Flexible Audit Technology, which gives independent mortgage lenders and financial institutions the ability to easily manage and customize ACES to meet their business needs without having to rely on IT or other outside resources. Using a customer-centric approach, ACES clients get responsive support and access to our experts to maximize their investment. For more information, visit https://www.acesquality.com/ or call 1-800-858-1598.

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.

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

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.

Passport's comprehensive and streamlined approach to verifying borrowers' ability to pay significantly lowers lenders' operational costs, reduces fraud risk and speeds loans along - all while putting borrowers in control of their data and opening up financial inclusivity to the historically underserved.

Harrington's team will support FormFree's October 20 launch of Passport with advisory and marketing services, including the engagement of financial advisors, real estate agents and social media influencers in sharing the service with consumers who are ready to use their credit to achieve financial goals such as consolidating debts or financing the purchase of an automobile or home.

Brent Chandler, founder and CEO of FormFree, pioneered digital asset verification with the 2009 launch of AccountChek®, a service that was used by more than 3,500 mortgage lenders to verify more than $4 trillion in borrower assets before its strategic divestiture to Stewart Information Services Corporation (NYSE: STC) subsidiary Informative Research in March 2023. With the consumer debut of Passport, Chandler aims to transform the lending industry once again with technology that leapfrogs current financing barriers.

"Kevin [Harrington] is a masterful communicator. Together we're reshaping credit access with Passport by giving consumers direct control over their data for the first time," said Chandler. "As we initiate this transformative shift in lending, our focus on low income and minority buyers is unwavering. They are at the heart of this change and stand to reap significant benefits."

"Having to gather and provide dozens of documents just to understand their own borrowing capacity deters countless consumers from applying for financing - and it's a hurdle they have to clear again and again if they want to apply with several lenders and compare offers," added Harrington. "Passport makes it practical for consumers to share their always up-to-date financial data with a marketplace of lenders all at once and consider multiple, competitive offers."

Chandler and Harrington will appear together at the Mortgage Bankers Association Annual Convention and Expo in Philadelphia next week to introduce Passport to mortgage industry participants and preview the FormFree Exchange (FFX), the online marketplace where lenders compete for the business of Passport users.

"This idea is something we've been working on for a while now," said Chandler. "There is already a lot of excitement about how FFX would speed and simplify customer acquisition and help buyers get the best financial products for their needs."

About FormFree®:

FormFree empowers consumers to understand their ability to pay and share it with lenders like never before. Using FormFree's Passport® app, consumers can verify all the core financial data required by loan underwriters - including identity, assets, income, employment credit history and cash-flow data - in seconds. Once consumers are ready to transact, they can anonymously share their verified data on the FormFree Exchange (FFX) and receive immediate offers from a marketplace of lenders who fully understand their ability to pay, residual income and eligibility for down payment assistance and inclusive lending programs.

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

About Kevin Harrington:

Harrington is world renowned as the inventor of the infomercial, pioneer of the "As Seen on TV" brand and one of the original "sharks" on the hit ABC show "Shark Tank." He has launched more than 20 businesses that have each grown sales in excess of $100 million as part of a career that has introduced 1,000+ products generating over $6 billion in global sales. His business experience spans the globe, including opening distribution outlets in over 100 countries. https://kevinharrington.tv/

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.

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

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.

Dark Matter, formerly Black Knight Origination Technologies, is on a mission to revolutionize the mortgage origination business by supporting, growing and aggressively innovating new and existing products including the popular AIVA(r) artificial intelligence solution and the comprehensive Empower(r) Loan Origination Platform. Dark Matter also provides a suite of tools - from product and pricing engines to document classification and indexing powered by machine learning - to seamlessly complement Empower, making lending operations faster, smarter and more efficient.

"ACUMA members should never be forced to make a tough decision between technology that comprehends and serves the distinct requirements of credit unions and technology that delivers a genuinely exceptional mortgage experience," said Dark Matter CEO Rich Gagliano. "With Dark Matter, credit unions of every size can compete on equal footing with other financial institutions in terms of mortgage efficiency and the overall member experience."

ACUMA is an organization dedicated to helping credit unions optimize their real estate financing services. ACUMA member organizations include federal- and state-chartered credit unions and credit union service organizations (CUSOs), mortgage insurance companies, secondary market investors and investment banking firms and mortgage technology firms.

"ACUMA serves as a vital resource in creating opportunities for credit union professionals and their primary suppliers to network, share knowledge, build relationships and grow market share," said ACUMA President Peter J. Benjamin, CMB. "We are delighted to introduce this extraordinary company to our members and extend a warm welcome to the team at Dark Matter."

About Dark Matter Technologies:

Operating with the nimble nature of a startup and the disciplined maturity of one of the industry's leading providers, Dark Matter Technologies delivers cutting-edge technology, unparalleled automation and relentless innovation to leading mortgage lenders and companies nationwide.

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

About ACUMA:

The American Credit Union Mortgage Association is a not-for-profit trade association dedicated to credit unions and mortgage lending. ACUMA provides resources and education to credit unions aimed at streamlining performance, processes, and procedures for real estate lending services. ACUMA's goal is to encourage credit unions to help more consumers get fairly priced and safe mortgage loans delivered locally, and in so doing, provide them with a pathway to the American dream of homeownership. ACUMA brings together the shared real estate lending and financing interests of hundreds of credit unions and CUSOs. ACUMA member organizations include federal and state charted credit unions and CUSO, mortgage insurance companies, secondary market investors, investment banking firms and technology companies.

Visit ACUMA's website at https://www.acuma.org/ for more information.

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.

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

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). This award is designed to identify, recognize, and honor the best places of employment in San Diego that benefit the county's economy, workforce, and local businesses.

MCT has been headquartered in downtown San Diego for nearly two decades, and during that time, the firm has evolved its "team member first" mindset - focusing on wellbeing and intentional work/life balance. Throughout the pandemic and segueing into the volatile mortgage market the entire industry is currently facing, MCT leadership has continued to prioritize team member needs.

"We are honored to be named the Best Place to Work in San Diego year after year," said Chad Campora, Head of Human Resources. "It's humbling to know that MCT team members feel respected, rewarded, and empowered to bring their best selves to work each day. The tenure among many of our key people is definitely a point of pride."

The SDBJ puts companies that applied for the award through an extensive evaluation process that includes a detailed analysis of company workplace policies and practices along with a comprehensive employee survey. The combined scores determine the top companies and the final rankings. The winning companies were honored at an awards ceremony hosted by the SDBJ in August.

More information on the SDBJ's Best Places to Work in San Diego program can be found at https://www.sdbj.com/.

About MCT:

For over two decades, MCT has been a leading source of innovation for the mortgage secondary market. Melding deep subject matter expertise with a passion for emerging technologies and clients, MCT is the de facto leader in innovative mortgage capital markets technology. From architecting modern best execution loan sales to launching the most successful and advanced marketplace for mortgage-related assets, lenders, investors, and network partners all benefit from MCT's stewardship. MCT's technology and know-how continues to revolutionize how mortgage assets are priced, locked, protected, valued, and exchanged - offering clients the tools to perform under any market condition.

For more information, visit https://mct-trading.com/ or call (619) 543-5111.

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).

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

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. Built to assist lenders in researching areas to expand their Community Reinvestment Act (CRA), low-to-moderate income (LMI) and majority-minority census tract (MMCT) lending initiatives, the six new dashboards allow lenders to penetrate areas of high growth and increase the span of actionable insights and applications for users.

Banks, credit unions and independent mortgage companies have an increased need for tools to analyze the market at a deeper level and find hidden pockets of opportunity for CRA, LMI and MMCT lending. The new suite of dashboards, including Census Tract, Community Reinvestment Planning and Minority Community Lending dashboards, can help lenders formulate business plans in high growth / high reward areas, identify recruiting candidates and referral partners entrenched in these areas and gain insight into baseline and comparative performance metrics.

Minority homeownership is on the rise and is expected to continue to grow, as predicted by The Urban Institute. Between 2020 and 2040, there will be 6.9 million net new homeowners, which includes 4.8 million more Hispanic homeowners, 2.7 million more Asian and other homeowners and 1.2 million more Black homeowners.

Additionally, a recent report from the National Association of Hispanic Real Estate Professionals (NAHREP) states Latinos are more mortgage-ready than ever, referencing that there were 7.9 million Latinos aged 45 or under who have the credit characteristics to qualify for a mortgage and 2.8 million who were near mortgage-ready in 2022.

"MMI's Custom Dashboard Hub allows users to access a deep well of the most current and accurate data available in a faster, more visual format," said MMI founder and CEO Ben Teerlink. "The new CRA, LMI and MMCT capabilities provide increased granularity and insights related to these lending initiatives. For lenders emphasizing CRA, LMI and MMCT lending, it's not enough to analyze their overall performance in local markets; they need to analyze the data through those lenses."

The new CRA, LMI and MMCT capabilities will allow users to:

* See detailed census tract data to better understand an area's demographic breakdown;

* Increase visibility into performing and non-performing markets;

* Analyze production by LMI and MMCT for lenders and loan originators (LOs); and

* Cultivate relationships with referral partners having success in diverse markets.

To learn more about MMI's Custom Dashboard Hub and its new CRA, LMI and MMCT features, contact sales@mmi.io.

About MMI

Mobility Market Intelligence (MMI) is a market leader in data intelligence and market insight tools for the mortgage and real estate industries. Headquartered in Salt Lake City, the company's signature product, MMI, provides actionable intelligence for lenders, real estate agents, real estate brokerages, title companies and others in the real estate industry. MMI is currently used by more than 450 enterprise customers, including 20 of the top 25 lenders in the country. To learn more, visit https://mmi.io or contact sales@mmi.io.

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.

Related link: https://mmi.io

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.

"Each member engaging in the mortgage process is different, and we thought our technology should reflect that experience," said Tara Rutz, Mortgage Servicing and Origination Manager, Affinity Plus Federal Credit Union. "QuickQual enables us to deliver a highly engaging experience for our members, including generating pre-approval letters quickly and efficiently. Additionally, the interactive tool will allow members to preview real-time costs (down payment, monthly payments, cash to close, etc...) of purchasing their next home and adjust accordingly to the properties they are viewing within the parameters set forth in the pre-approval."

With QuickQual, loan officers set parameters within the system based on the borrower's maximum pre-approved loan amount. From there, borrowers and their real estate agents can generate pre-approval letters on demand and run payment scenarios based on those parameters, thus providing borrowers with a deeper understanding of their capacity to purchase on a house-by-house basis.

"Affinity Plus is a perfect example of the difference thoughtful tech investment can make in helping credit unions compete effectively in today's market," said LenderLogix Co-Founder and CEO Patrick O'Brien. "This is exactly what we intended when designing our suite of products - to improve lenders' operations by addressing the gaps in their existing tech stack and provide a stellar user experience for their customers."

About LenderLogix:

LenderLogix leverages the four decades of firsthand mortgage origination and real estate experience of its executive team to design customized software and APIs to meet the needs of today's mortgage lenders. The company's suite of products addresses the speed at which today's real estate market moves by delivering technology solutions that create agile and informed borrowers, build strong referral partners and ultimately save lenders time and money.

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

RELATED LINKS:

https://lenderlogix.com/quickqual-demo

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.

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

Click n’ Close Adds Ken Weislak and Travis Sharpe to Support Continued Growth of Company’s DPA Offerings for TPOs and Correspondents

ADDISON, Texas /ScoopCloud/ -- Click n' Close, a multi-state mortgage lender serving consumers and mortgage originators through its wholesale and correspondent channels, announced it has hired Ken Weislak as Business Development Manager for the wholesale division and Travis Sharpe as the Operations Manager for the company's correspondent division. Weislak will focus on recruiting and onboarding third-party originators (TPOs) to expand Click n' Close's national footprint, while Sharpe will be responsible for all operational aspects of the division with a focus on ensuring the client experience matches the industry leading down payment product features.

"We are delighted to share that this year has been one of growth for Click n' Close. Despite the changing market landscape, we've been able to help countless lenders and their borrowers make homeownership a reality through our suite of down payment assistance products," said Click n' Close Owner and CEO Jeff Bode. "Ken and Travis will be tremendous assets to our organization in ensuring our current and future partners can leverage the full potential of our product suite to serve the best interests of their borrowers."

Weislak possesses extensive experience and a winning track record in the TPO lending space. Most recently, he served as Vice President of the Central States region for Kind Lending's wholesale/non-delegated division. He has also led sales efforts in the TPO channel for Plaza Home Mortgage, Aegis Wholesale and Fleet Mortgage Corp.

"Having previously worked with many of the outstanding professionals currently serving its TPO division, I have admired Click n' Close from afar, and when the opportunity arose to join this outstanding organization, I knew it would be a great fit both culturally and professionally," Weislak said. "The challenges facing the TPO channel are as great as they've ever been. Forward-thinking companies like Click n' Close are doing the yeoman's work of ensuring this vital production channel remains so, and I look forward to continuing to support the wholesale and non-delegated correspondent space through my role here."

Sharpe joins Click n' Close from Mr. Cooper, where he worked for nearly 15 years, starting as a loan officer. His last role was Vice President of Capital Market Operations. Sharpe was responsible for all business processes and technology with a focus on team empowerment. While there, he increased efficiencies and reduced errors by implementing a strategy he calls "People, Processes, and Technology."

"I've admired the technology-forward nature of Click n' Close for a while and am thrilled to now join the organization," said Sharpe. "I take pride in immersing myself in understanding business processes and blending in technology where automation or controls are needed."

About Click' n' Close, Inc.:

Click 'n' Close, Inc., formerly known as Mid America Mortgage, is a multi-state mortgage lender serving consumers and mortgage originators through its wholesale and correspondent channels and is also the nation's leading provider of Section 184 home loans for Native Americans. In operation since 1940, Click' n' Close has thrived by retaining its entrepreneurial spirit and leading the market in innovation, including its adoption of eClosings and eNotes.

Combining this culture of innovation with a risk management mindset enables Click' n' Close to deliver new products to market that address the challenges facing both borrowers and third-party originators (TPOs). These innovations include its USDA one-time close construction loans, proprietary down payment assistance (DPA) program and reverse mortgage division. Its direct relationships with Fannie Mae, Freddie Mac, Ginnie Mae and private investors afford Click' n' Close direct access to the capital markets, thus ensuring maximum liquidity for its product innovations. By servicing its loan programs in-house, Click' n' Close provides its wholesale and correspondent partners with an additional level of certainty regarding loan salability and superior borrower service over the life of the loan.

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

Click n' Close, a multi-state mortgage lender serving consumers and mortgage originators through its wholesale and correspondent channels, announced it has hired Ken Weislak as Business Development Manager for the wholesale division and Travis Sharpe as the Operations Manager for the company's correspondent division.

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

Floify announces launch of verification of income and employment waterfall technology

BOULDER, Colo. /ScoopCloud/ -- Floify, the mortgage industry's leading point-of-sale solution and subsidiary of Porch Group, Inc. ("Porch Group") (NASDAQ: PRCH), today announced the launch of verification of income (VOI) and verification of employment (VOE) waterfall technology. The new features will help lenders and brokers save time and reduce costs during the loan origination process.

Running employment and income verification reports is an important yet expensive step in the mortgage process and designed to reduce loan risk during underwriting. The new VOI and VOE features in the Floify platform enable mortgage professionals to view the results of multiple verification reports from different providers, starting with the least expensive, rather than having to run each one individually. This is expected to save Floify clients time while also realizing cost savings.

"We are pleased to launch the VOI and VOE waterfall with Informative Research. This unique technology will help our clients reduce costs, which is especially important today as verification-related fees increased significantly in the past three years," said Sofia Rossato, Floify's president and general manager. "As an added benefit, because these waterfalls can be run within the Floify platform, our clients can bypass loan origination system add-on fees that often come with enabling new features."

"The Floify and Informative Research VOE/I waterfall solution helps us accelerate the application-to-close timeline while delivering significant cost reductions to our branches and clients," said John Norris, vice president of technology and innovation at Benchmark Mortgage, a Dallas-based mortgage lender.

"Informative Research's Verification Waterfall and AccountChek technologies work together with Floify's platform to enhance the asset, employment and income verification processes. The partnership seeks to eliminate redundant orders and to streamline what used to be a cumbersome procedure for lenders," said Craig Leabig, SVP of marketing and product management for Informative Research.

To learn more about Floify, please visit https://floify.com/.

About Floify:

Floify is a digital mortgage automation solution that streamlines the loan process by providing a secure application, communication, and document portal between lenders, borrowers, referral partners, and other mortgage stakeholders. Loan originators use the platform to collect and verify borrower documentation, track loan progress, communicate with borrowers and real estate agents, and close loans faster. The company is based in Boulder, Colorado and is a subsidiary of Porch Group, Inc. ("Porch Group") (NASDAQ: PRCH). For more information, visit the company's website at https://floify.com/ or on social media at Facebook, LinkedIn, or Twitter / X.

About Informative Research:

Informative Research, a Stewart company, is a leading technology platform that delivers data-driven solutions to the lending community. The solutions provider currently serves over 3,000 mortgage companies, banks and lenders throughout the United States. The company is recognized for streamlining the loan process with their straightforward business model, progressive solutions and cutting-edge technology. Learn more at https://informativeresearch.com/.

Forward-Looking Statements:

Certain statements in this release may be considered "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Although the Company believes that its plans, intentions, and expectations reflected in or suggested by these forward-looking statements are reasonable, the Company cannot assure you that it will achieve or realize these plans, intentions, or expectations. Forward-looking statements are inherently subject to risks, uncertainties, assumptions, and other factors which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Generally, statements that are not historical facts, including statements concerning the Company's possible or assumed future actions, business strategies, events, or results of operations, are forward-looking statements. These statements may be preceded by, followed by, or include the words "believes," "estimates," "expects," "projects," "forecasts," "may," "will," "should," "seeks," "plans," "scheduled," "anticipates," "intends," or similar expressions.

These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by Porch and its management at the time they are made, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: (1) expansion plans and opportunities, and managing growth, to build a consumer brand; (2) the incidence, frequency, and severity of weather events, extensive wildfires, and other catastrophes; (3) economic conditions, especially those affecting the housing, insurance, and financial markets; (4) expectations regarding revenue, cost of revenue, operating expenses, and the ability to achieve and maintain future profitability; (5) existing and developing federal and state laws and regulations, including with respect to insurance, warranty, privacy, information security, data protection and taxation, and management's interpretation of and compliance with such laws and regulations; (6) the Company's reinsurance program, which includes the use of a captive reinsurer, the success of which is dependent on a number of factors outside management's control, along with reliance on reinsurance to protect us against loss; (7) uncertainties related to regulatory approval of insurance rates, policy forms, insurance products, license applications, acquisitions of businesses or strategic initiatives, including the reciprocal restructuring, and other matters within the purview of insurance regulators; (8) reliance on strategic, proprietary relationships to provide the Company with access to personal data and product information, and the ability to use such data and information to increase transaction volume and attract and retain customers; (9) the ability to develop new, or enhance existing, products, services, and features and bring them to market in a timely manner; (10) changes in capital requirements, and the ability to access capital when needed to provide statutory surplus; (11) the increased costs and initiatives required to address new legal and regulatory requirements arising from developments related to cybersecurity, privacy, and data governance and the increased costs and initiatives to protect against data breaches, cyber-attacks, virus or malware attacks, or other infiltrations or incidents affecting system integrity, availability and performance; (12) retaining and attracting skilled and experienced employees; (13) costs related to being a public company; and (14) other risks and uncertainties discussed in Part I, Item 1A, "Risk Factors," in the Company's Annual Report on Form 10-K for the year ended December 31, 2022, and in Part II, Item 1A, "Risk Factors," in our Quarterly Report on Form 10-Q for the quarter ended March 31, 2023, as well as those discussed in subsequent reports filed with the Securities and Exchange Commission ("SEC"), all of which are available on the SEC's website at www.sec.gov.

Nothing in this release should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements, which speak only as of the date of this release. Unless specifically indicated otherwise, the forward-looking statements in this release do not reflect the potential impact of any divestitures, mergers, acquisitions, or other business combinations that have not been completed as of the date of this release. Porch does not undertake any duty to update these forward-looking statements, whether as a result of changed circumstances, new information, future events or otherwise, except as may be required by law.

Floify, the mortgage industry's leading point-of-sale solution and subsidiary of Porch Group, Inc. ("Porch Group") (NASDAQ: PRCH), today announced the launch of verification of income (VOI) and verification of employment (VOE) waterfall technology. The new features will help lenders and brokers save time and reduce costs during the loan origination process.

Related link: https://floify.com/

Mortgage Machine Services launches loan origination system built for the digital mortgage era

ADDISON, Texas /ScoopCloud/ -- Mortgage Machine Services, an industry leader in digital origination technology to residential mortgage lenders, announced the launch of its namesake platform Mortgage Machine™, an out-of-the-box, all-in-one loan origination system (LOS) designed to accelerate lenders' operational velocity and support an end-to-end digital origination process.

Developed by digital mortgage pioneer and industry veteran Jeff Bode, Mortgage Machine aims to simplify complex mortgage processes and consolidate disjointed operations by leveraging workflow automation, compliance assurance and digital enhancements to create a seamless lending experience.

"The LOS is the operational linchpin for every mortgage business, but most LOS platforms on the market today were not designed to support a fully digital origination process," Bode said. "As a result, lenders often have to retrofit their existing LOS or work around its limitations to achieve their digital goals. Mortgage Machine was intentionally designed with a digital process in mind, giving lenders the ability to 'plug n' play' and move faster than ever, and has been battle tested inside a digital-first mortgage lender to ensure it can provide the necessary lift lenders need to make the move to eMortgages."

Mortgage Machine features AI-powered task automation, a scalable cloud-based infrastructure and flexible API capabilities. The platform also offers pre-configured workflows tailored for retail and wholesale loan processes, ensuring it works across retail, wholesale and correspondent lending channels. With seamless document management and point-of-sale functions, loan officers remain in control of the entire loan lifecycle to increase efficiency, reduce costs and enhance the borrower experience. The system also provides end-to-end support throughout the lending, underwriting, documentation and closing of a residential mortgage loan.

In addition to incorporating the latest AI and document management, Mortgage Machine offers all-in-one eClosing functionality, including an eClose room, eNotes, eVault and remote online notarization (RON). The platform also includes SMART Doc(r) data and security standards from the Mortgage Industry Standards Maintenance Organization (MISMO), enabling lenders to utilize this electronic document format throughout the entire lending process and even into loan servicing.

"SMART Docs are one of the most necessary - and overlooked - components to executing digital mortgage at scale," Bode added. "Utilizing this standard in Mortgage Machine not only provides lenders with a significant operational assist in getting started with digital mortgages, but it also ensures the security and integrity of the documents and data being processed by the system, thus adding an extra layer of confidence in moving to an entirely automated, electronic origination process."

To learn more about Mortgage Machine, visit http://www.mmachine.net/.

About Mortgage Machine Services, Inc.

Mortgage Machine™ is an industry leader in transforming residential mortgages using a range of digital solutions. Drawing on its extensive industry knowledge and advanced technology infrastructure, the company has been innovating in financial markets since 2007. Today, its flagship LOS product utilizes intelligent automation, configurable business workflows and a cloud-based infrastructure to optimize the entire loan lifecycle. By consolidating retail, wholesale, correspondent and home equity lending onto a single platform, Mortgage Machine™ enables lenders of all sizes to reduce cycle times, costs and risks while improving data quality and borrower satisfaction.

Visit http://www.mmachine.net/ to learn more.

Mortgage Machine Services, an industry leader in digital origination technology to residential mortgage lenders, announced the launch of its namesake platform Mortgage Machine™, an out-of-the-box, all-in-one loan origination system (LOS) designed to accelerate lenders' operational velocity and support an end-to-end digital origination process.

Related link: http://www.mmachine.net/

Dark Matter Technologies launches to revolutionize mortgage origination with cutting-edge tech, unparalleled automation and relentless innovation

JACKSONVILLE, Fla. /ScoopCloud/ -- Dark Matter Technologies LLC, formerly Black Knight Origination Technologies LLC, was rebranded after it was acquired into the Perseus Operating Group (Perseus) of Constellation Software Inc. (Constellation). According to Rich Gagliano, Dark Matter Technologies' chief executive officer, the organization is on a mission to revolutionize the mortgage origination business by supporting, growing and aggressively innovating new and existing products including the popular AIVA® artificial intelligence solution and the comprehensive Empower® Loan Origination Platform.

In the scientific sense, the meaning of "dark matter" parallels the operating principles of the new company. Scientists believe dark matter is the backbone of the universe, an invisible force that holds galaxies together, connects them and shapes the universe. Dark Matter Technologies is similar and aims to be the invisible backbone behind its clients' mission-critical operations. Its highly scalable solutions harness hidden insights, connect seamlessly to advanced capabilities and propel mortgage origination to new frontiers with unique, market-leading innovations.

Dark Matter Technologies prioritizes being nimble and operates with the urgency of a startup while leveraging the knowledge and maturity gained over many years as one of the industry's leading technology providers. The company plans to do so while supporting and retaining what's made the business successful for decades-an experienced team focused on client service and driving simplicity in managing through a complex industry.

"We understand that our existing long-term client relationships extend far beyond innovative technology; our clients rely heavily on our team's unique knowledge and experience to enable their success," said Gagliano. "To that end, I'm proud to announce that our leadership team and 1,300+ employees will focus on a smooth, uneventful transition plan for our clients."

Dark Matter Technologies' deep client roster is an impressive group of banks, credit unions and independent mortgage lenders which represent a significant percentage of the mortgage industry's transactions. In addition to proven technology and support, clients will continue to demand financial strength and stability, robust audit, security and regulatory compliance tools and a continued track record of product investment.

According to Tom George, co-president of the Romulus portfolio of Perseus, who led the acquisition with Bonnie Wilhelm, COO of Perseus, "We're excited to invest in this industry-leader and to bring the impressive product roadmap to life. The leadership, the talented teams, the strong customer relationships-Dark Matter Technologies has everything we look for in an acquisition."

About Dark Matter Technologies:

Operating with the nimble nature of a startup and the disciplined maturity of one of the industry's leading providers, Dark Matter Technologies delivers cutting-edge technology, unparalleled automation and relentless innovation to leading mortgage lenders and companies nationwide.

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

About Constellation and the Perseus Operating Group:

Constellation, through its operating groups like Perseus, acquires, manages and builds vertical market software businesses that provide mission-critical software solutions. Based in North America, Perseus acquires and invests in software businesses like Dark Matter Technologies that are committed to providing long-term solutions and life-long partnerships to customers.

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

Dark Matter Technologies LLC, formerly Black Knight Origination Technologies LLC, was rebranded after it was acquired into the Perseus Operating Group (Perseus) of Constellation Software Inc. (Constellation). According to Rich Gagliano, Dark Matter Technologies' chief executive officer, the organization is on a mission to revolutionize the mortgage origination business by supporting, growing and aggressively innovating new and existing products including the popular AIVA® artificial intelligence solution and the comprehensive Empower® Loan Origination Platform.

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

ACES Quality Management and ActiveComply Partner to Help Financial Services Firms Address Social Media Compliance and Quality Control Needs

DENVER, Colo. /ScoopCloud/ -- ACES Quality Management® (ACES), the leading provider of enterprise quality management and control software for the financial services industry, announced it has expanded its partnership program with ActiveComply, a leader in social media monitoring and website archival for the financial industry. The combined partnership will leverage ActiveComply's SocialShield® tool with the ACES Quality Management & Control® Software platform to improve regulatory reporting and streamline audit workflow for mortgage lending.

"Social media is constantly evolving, and lenders often struggle to effectively monitor and audit loan officer activity, which is why we are thrilled to announce our partnership with ActiveComply," said ACES CEO Trevor Gauthier. "Our technologies combined will empower our clients to more efficiently monitor social media activity as part of their overall compliance monitoring system in accordance with regulatory expectations and requirements."

ActiveComply's SocialShield® platform assists financial institutions in tracking company-affiliated social media profiles, monitoring those profiles for compliance and meeting regulatory archival requirements.

Key features include:

* Automated account discovery;

* Content alerts;

* Image scanning;

* Equal Housing logo detection;

* Missing Nationwide Mortgage Licensing System (NMLS) ID detection;

* Inappropriate language alerts;

* Executive reporting;

* Archiving; and

* On-going support for new hires and trigger terms.

"We have long admired ACES as the industry leader in quality control technology and are eager to partner with them," said Colby Berger, Chief Operating Officer at ActiveComply. "ActiveComply is leading the effort to keep financial institutions in compliance with the rapidly changing landscape of social media. Together, our companies' combined strengths help our clients improve compliance, create efficiency and ultimately increase revenue opportunities."

About ActiveComply:

ActiveComply was founded to help regulated institutions tackle the tremendous task of ever-growing compliance responsibilities. Working collaboratively with experts in the field - including compliance personnel, regulators, attorneys and other industry stakeholders - the company has developed a suite of solutions to help its clients confidently manage their social media, websites and remote work compliance. The company's software is built on more than 10 years of constantly evolving technology that has been used by more than 60 million professionals to date. This background, combined with experts in the compliance field, has resulted in powerful, easy-to-use and scalable tools that can save regulated institutions time, money and their reputations. To learn more, visit https://www.activecomply.com/.

About ACES Quality Management:

ACES Quality Management is the leading provider of enterprise quality management and control software for the financial services industry. The nation's most prominent lenders, servicers and financial institutions rely on ACES Quality Management & Control® Software to improve audit throughput and quality while controlling costs, including:

* 60% of the top 50 independent mortgage lenders;

* 8 of the top 10 loan servicers;

* 11 of the top 30 banks; and

* 3 of the top 5 credit unions in the United States.

Unlike other quality control platforms, only ACES delivers Flexible Audit Technology®, which gives independent mortgage lenders and financial institutions the ability to easily manage and customize ACES to meet their business needs without having to rely on IT or other outside resources. Using a customer-centric approach, ACES clients get responsive support and access to our experts to maximize their investment. For more information, visit www.acesquality.com or call 1-800-858-1598.

ACES Quality Management® (ACES), the leading provider of enterprise quality management and control software for the financial services industry, announced it has expanded its partnership program with ActiveComply, a leader in social media monitoring and website archival for the financial industry.

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

LenderLogix integrates LiteSpeed mortgage point of sale system with Encompass by ICE Mortgage Technology

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 the completion of the integration between LiteSpeed, a streamlined point-of-sale (POS) system designed for mortgage lenders and Encompass® by ICE Mortgage Technology, part of ICE (NYSE: ICE) and a global data, technology and market infrastructure company that designs, builds and operates digital networks to connect people to opportunity. Through the integration, leads flow directly from LiteSpeed to Encompass, providing loan officers with the combined power and accessibility of their web-based LOS while on the go.

"Though digital point-of-sale and origination technologies have become table stakes in today's mortgage market, LiteSpeed combined with Encompass and ICE's extensive suite of open APIs provides lenders a distinct competitive advantage," said Scott Falbo, Chief Technology Officer and Co-Founder at LenderLogix. "Through its powerful cloud-based ecosystem, Encompass works hand-in-hand with LiteSpeed, delivering easy access for loan officers to manage new and existing leads whether in the office or on the go. By leveraging the web-based workflow structure they're already familiar with, loan officers can quickly and efficiently deliver incredible experiences to their borrowers."

LiteSpeed was strategically and intentionally designed to provide borrowers with a simple yet powerful user experience. The white-labeled platform guides borrowers through singular, auto-advancing application questions using animated iconography and dynamic messaging. Once the application is complete, borrowers then receive confirmation emails with next steps, a secure document upload link and more from their selected loan originator.

Encompass provides loan officers with the ability to access their web-based LOS from anywhere, enabling them to maximize productivity across their entire workflow. This integration between LiteSpeed and Encompass leverages the latest Encompass Developer Connect API(TM) Platform, ensuring a seamless flow of data, while also delivering a frictionless and highly automated process for borrowers.

"With thousands of lenders adopting the Encompass loan origination platform, LenderLogix has invested extensively in its integrations with the Encompass solution suite," said Patrick O'Brien, CEO and Co-Founder of LenderLogix. "By combining LiteSpeed's easy to use digital point-of-sale technology with the pipeline and lead management tools within Encompass, this integration provides loan officers with even more functionality to serve their borrowers whenever and wherever they're needed."

About LenderLogix

LenderLogix leverages the four decades of firsthand mortgage origination and real estate experience of its executive team to design customized software to meet the needs of today's mortgage lenders. The company's suite of products addresses the speed at which today's real estate market moves by delivering technology solutions that create agile and informed borrowers, build strong referral partners and ultimately save lenders time and money. For more information, visit https://www.lenderlogix.com/.

About ICE Mortgage Technology

ICE Mortgage Technology® is part of ICE (NYSE: ICE), a global data, technology and market infrastructure company that designs, builds and operates digital networks to connect people to opportunity. Backed by ICE's global resources, we offer a truly differentiated digital platform that provides straight-through processing for a more comprehensive end-to-end workflow than any other provider in the market. We reach almost every mortgage in the U.S. by combining the native automation of Encompass® with the e-collaboration and e-recording capabilities of Simplifile®, along with the national electronic registry for nearly 90% of the U.S. mortgage market in MERS®. Ultimately, our technology enables people across the industry to focus on personal connections when they need it most, and support borrowers for a better journey of homeownership. Visit icemortgagetechnology.com to learn more. ICE Mortgage Technology combines technology, data and expertise to help automate the mortgage process, from consumer engagement through loan registration, and every step and task in between. ICE Mortgage Technology is the leading cloud-based loan origination platform provider for the mortgage industry, with solutions that enable lenders to originate more loans, lower origination costs, and reduce the time to close, all while ensuring high levels of compliance, quality and efficiency.

Visit https://www.icemortgagetechnology.com/ or call (877) 355-4362 to learn more.

About Intercontinental Exchange

Intercontinental Exchange, Inc. (NYSE: ICE) is a Fortune 500 company that designs, builds and operates digital networks to connect people to opportunity. We provide financial technology and data services across major asset classes that offer our customers access to mission-critical workflow tools that increase transparency and operational efficiencies. We operate exchanges, including the New York Stock Exchange, and clearing houses that help people invest, raise capital and manage risk across multiple asset classes. Our comprehensive fixed income data services and execution capabilities provide information, analytics and platforms that help our customers capitalize on opportunities and operate more efficiently. At ICE Mortgage Technology, we are transforming and digitizing the U.S. residential mortgage process, from consumer engagement through loan registration. Together, we transform, streamline and automate industries to connect our customers to opportunity.

Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange. Information regarding additional trademarks and intellectual property rights of Intercontinental Exchange, Inc. and/or its affiliates is located here. Key Information Documents for certain products covered by the EU Packaged Retail and Insurance-based Investment Products Regulation can be accessed on the relevant exchange website under the heading "Key Information Documents (KIDS)."

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 -- Statements in this press release regarding ICE's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE's Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors in ICE's Annual Report on Form 10-K for the year ended December 31, 2022, as filed with the SEC on February 2, 2023.

RELATED LINKS:

https://www.icemortgagetechnology.com/products/encompass-for-loan-officers

LenderLogix, a leading provider of mortgage point-of-sale and automation software for banks, credit unions, independent mortgage banks and brokers, today announced the completion of the integration between LiteSpeed, a streamlined point-of-sale (POS) system designed for mortgage lenders and Encompass® by ICE Mortgage Technology, part of ICE (NYSE: ICE) and a global data, technology and market infrastructure company that designs, builds and operates digital networks to connect people to opportunity.

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

FormFree joins ACUMA as an affiliate member

ATHENS, Ga. /ScoopCloud/ -- FormFree® today announced it has joined the American Credit Union Mortgage Association (ACUMA) as an affiliate member. Through its membership, FormFree aims to help credit unions provide more inclusive pathways to homeownership by introducing them to residual income analytics, a methodology for gaining enhanced insight into borrowers' ability to repay loans.

FormFree develops cutting-edge technology that helps lenders better understand credit risk, particularly for historically underserved borrowers that have no credit history, thin credit files and lower credit scores. Passport® enables borrowers to share their Financial DNA with lenders, which is comprised of consumers' direct-source financial data. FormFree's patent-pending Residual Knowledge Income Index™ (RIKI™) enables lenders to assess consumer creditworthiness with an innovative combination of cashflow and residual income analysis - methodologies that support more inclusive credit decisions.

"Credit unions play an important role in helping the communities they serve to build wealth and buy homes," said FormFree CEO Brent Chandler. "It is my hope that joining ACUMA will allow us to enable credit unions to extend financing to more creditworthy members by gaining a deeper understanding of their true ability to pay."

ACUMA is an organization dedicated to helping credit unions optimize their real estate financing services. ACUMA member organizations include federal- and state-chartered credit unions and Credit Union Service Organizations (CUSOs), mortgage insurance companies, secondary market investors and investment banking firms and mortgage technology firms.

"Our organization serves as a vital resource in creating opportunities for credit union professionals and their primary suppliers to network, share knowledge, build relationships and grow market share," said ACUMA President Peter J. Benjamin, CMB. "We are delighted to introduce an extra asset to our members and extend a warm welcome to FormFree."

About FormFree®:

FormFree helps lenders understand credit risk like never before with its patented Passport® product, which opens doors to more inclusive credit decisioning by revealing each customer's true ability to pay (ATP®), and patent-pending Residual Knowledge Income Index™ (RIKI™), an innovative method for evaluating consumer creditworthiness based on residual income analysis. For more information, visit https://www.formfree.com/ or follow FormFree on LinkedIn.

About ACUMA:

The American Credit Union Mortgage Association is a not-for-profit trade association dedicated to credit unions and mortgage lending. ACUMA provides resources and education to credit unions aimed at streamlining performance, processes, and procedures for real estate lending services. ACUMA's goal is to encourage credit unions to help more consumers get fairly priced and safe mortgage loans delivered locally, and in so doing, provide them with a pathway to the American dream of home ownership. ACUMA brings together the shared real estate lending and financing interests of hundreds of credit unions and CUSOs. ACUMA member organizations include federal and state charted credit unions and CUSO, mortgage insurance companies, secondary market investors, investment banking firms, and technology companies. Visit ACUMA's website at https://acuma.org/ for more information.

FormFree today announced it has joined the American Credit Union Mortgage Association (ACUMA) as an affiliate member. Through its membership, FormFree aims to help credit unions provide more inclusive pathways to homeownership by introducing them to residual income analytics, a methodology for gaining enhanced insight into borrowers' ability to repay loans.

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

Heidi Iverson named Vice President of Strategic Partnerships at MMI

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, announced that Heidi Iverson has been promoted to Vice President of Strategic Partnerships. In this role, Iverson will lead sales and customer success efforts focused on strategic relationships in the mortgage and real estate sectors.

"Since joining MMI, Heidi has helped our clients recognize MMI as an irreplaceable asset for granular market insights and simultaneously become irreplaceable herself," said MMI Founder and CEO Ben Teerlink. "Before coming to MMI, Heidi was a power user of the platform, and those experiences combined with the in-depth knowledge gained on the internal side have given Heidi, and in turn, our clients a unique point of view on the advantages our data can provide."

Iverson has been with MMI since 2022, previously serving as regional director of growth. During that time, she has helped MMI's clientele get the most out of the platform, including identifying growth opportunities to drive adoption and increase return on investment (ROI).

As Vice President of Strategic Partnerships, Iverson will continue to guide MMI clients to fully realize the benefits of MMI's platform and actionable data intelligence. Building on her effective coaching efforts, Iverson will provide focused attention to MMI's strategic partners and their business growth goals.

"Through my time here, my goal has been to help our clients' teams build their sales skills by getting back to basics using proven sales strategies in conjunction with data from MMI to gain market share," said Iverson. "As MMI continues to develop innovative solutions to enhance our offerings and allow our clients to optimize processes, reduce redundancy and reduce costs, I look forward to working with our strategic partners to customize these solutions and amplify MMI's impact on their long-term growth goals. I'm passionate about helping our clients succeed, something that is has become even more imperative for many lenders in today's tight market."

By accessing an unrivaled database of comprehensive real estate and mortgage production data, MMI's enterprise customers can identify partner networks that best support their business objectives with granular insight into lenders, loan officers and real estate agents by region or individual transactions. To learn more, visit https://mmi.io.

About MMI

Mobility Market Intelligence (MMI) is a market leader in data intelligence and market insight tools for the mortgage and real estate industries. Headquartered in Salt Lake City, the company's signature product, MMI, provides actionable intelligence for lenders, real estate agents, real estate brokerages, title companies and others in the real estate industry. MMI is currently used by more than 350 enterprise customers, including 20 of the top 25 lenders in the country. To learn more, visit https://mmi.io or contact sales@mmi.io.

Mobility Market Intelligence (MMI), a leader in data intelligence and market insight tools for the mortgage and real estate industries, announced that Heidi Iverson has been promoted to Vice President of Strategic Partnerships. In this role, Iverson will lead sales and customer success efforts focused on strategic relationships in the mortgage and real estate sectors.

Related link: https://mmi.io

For the Second Year, PitBullTax Named to the 2023 Inc. 5000 List of Fastest Growing Private Companies in America

CORAL SPRINGS, Fla. /ScoopCloud/ -- PitBullTax Software, the Nation's Leading Tax Resolution Software for CPAs, EAs and Tax Attorneys has revealed it has won a spot on the 2023 Inc. 5000 list of the fastest growing private companies in America for the second year in a row.

The list represents a one-of-a-kind look at the most successful companies within the economy's most dynamic segment-its independent businesses. Facebook, Chobani, Under Amour, Microsoft, Patagonia, and many other well-known name brands gained their first national exposure as honorees on the Inc. 5000.

The Inc. 5000 class of 2023 represents companies that have driven rapid growth while navigating inflationary pressure, the rising cost of capital and seemingly intractable hiring challenges. "Running a business has only gotten harder since the end of the pandemic," says Inc. editor-in-chief Scott Omelianuk. "To make the Inc. 5000-with the fast growth it requires-is truly an accomplishment. Inc. is thrilled to honor the companies that are building our future."

"We are extremely proud of making the Inc. 5000 list again and have worked very hard to grow this company into what it is today," stated Jaime S. Buchwald, CPA, Co-Founder and CEO. "The honor of making the list for the 2nd year in a row further demonstrates our dominant position in IRS tax resolution software. With the Inflation Reduction Act, Congress gave the IRS $80 billion to hire 87,000 new personnel. IRS enforcement over the next decade will be at an all-time high, and the amount of new resolution cases are going to skyrocket.

"With these prestigious awards, our licensees and potential licensees will now have even greater confidence in PitBullTax to handle this avalanche of new cases, not only as the nation's leader in IRS tax resolution software, but also as a nationally recognized business leader."

Jose Alfaro, Co-Founder and CTO said, "With the success of version 7.0, a quantum leap in automation that seamlessly integrates with major tech companies such as Zoom meetings, and synchronizes with Dropbox, Google Drive, One Drive, Outlook and Google Calendar and SMS communication we continue to over deliver to our licensees. Our 2nd Inc. 5000 honor is made possible by the dedication of our team and loyal licensees."

ABOUT PITBULLTAX SOFTWARE:

PitBullTax Software has licensees in all 50 states that rely on the company's software to prepare their clients' IRS resolution cases and automate their IRS tax resolution businesses. Innovation, efficiency and making its licensees more profitable are the cornerstones of the company's philosophy.

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

PitBullTax Software, the Nation's Leading Tax Resolution Software for CPAs, EAs and Tax Attorneys has revealed it has won a spot on the 2023 Inc. 5000 list of the fastest growing private companies in America for the second year in a row.

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

MMI provides access to loan originator production data with LO Quick Profiles

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 release of its new LO Quick Profile search tool, which provides a summary view of a loan originator's (LO) production and top referral partners. This information allows lenders to evaluate LOs based on real-time, accurate transaction history rather than relying on their self-reported numbers.

Using the LO Quick Profile, lenders can enter specific LO NMLS numbers into the search bar and, with the click of a button, view production volume metrics from 14 months, 7 months and year-to-date, including:

* Loan production volume;

* Transaction types;

* Loan types;

* Top buy-side & list-side agent partners; and

* Top regions based on performance.

These real-time insights, which can be printed or saved as a PDF, provide lenders with an up-to-date look at LO performance and arm recruiters with the concrete performance data they need to decide whether candidates in their prospect pipeline are high-value targets. Understanding current production trends can also help companies adjust their performance expectations to include more realistic parameters.

"MMI collects, collates and cleanses data from multiple sources to provide actionable intelligence and satisfy many business goals, including LO recruiting," said MMI Founder and CEO Ben Teerlink. "The LO Quick Profiles are a condensed view of MMI's LO Fast Fact Profiles, which provide lenders and LOs with a comprehensive look into recent production highlights that aren't readily available and may have been previously missed."

While the LO Quick Profiles provide limited public access to some LO data, MMI's Fast Fact Profiles for subscribers deliver much deeper details, such as a more comprehensive list of buy-side and list-side agent relationships from the past 14 months, the number of transactions per agent, the agent's name and contact information and access to the agent's Fast Fact profile. Additionally, contact information can be imported into customer relationship management (CRM) software.

"MMI's objective is to provide the mortgage industry with tools that are helpful to lenders and LOs and give a taste of the actionable insights derived from the extensive amount of data available and how both can be used to further business objectives," continued Teerlink. "This is the latest in a series of MMI tools that provide non-customers with limited access to our platform data and insights. In our ongoing effort to highlight the importance of data in the mortgage industry, MMI will continue to develop and release resources like this to the public."

To learn more about MMI and the new LO Quick Profiles, visit https://mmi.io/profileLO/.

About MMI

Mobility Market Intelligence (MMI) is a market leader in data intelligence and market insight tools for the mortgage and real estate industries. Headquartered in Salt Lake City, the company's signature product, MMI, provides actionable intelligence for lenders, real estate agents, real estate brokerages, title companies and others in the real estate industry. MMI is currently used by more than 350 enterprise customers, including 20 of the top 25 lenders in the country. To learn more, visit https://mmi.io or contact sales@mmi.io.

Mobility Market Intelligence (MMI), a leader in data intelligence and market insight tools for the mortgage and real estate industries, today announced the release of its new LO Quick Profile search tool, which provides a summary view of a loan originator's (LO) production and top referral partners.

Related link: https://mmi.io

MCT Appoints Steve Pawlowski Head of Technology Solutions to Continue Industry-Changing Innovation

SAN DIEGO, Calif. /ScoopCloud/ -- Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, today announced the appointment of Steve Pawlowski as Managing Director, Head of Technology Solutions. Mr. Pawlowski will be responsible for expanding upon MCT's proven record of driving efficiency and liquidity in the secondary market. He will report directly to MCT's COO, Phil Rasori.

"Steve's technology leadership while at Fannie Mae heralded a new era of capital markets transparency to the lender," said Phil Rasori. "MCT is building on that effort in numerous ways, including initiatives to bring back-end pricing closer to the front-end pricing that mortgage borrowers receive. We're proud Steve will be applying his vision and expertise to MCT Marketplace and other best-in-class software solutions."

MCT Marketplace users include 30% of all correspondent sellers and over 90% of active correspondent buyers, making it the largest whole loan exchange by number of participants in the U.S. market. In addition to whole loans, MCT's software solutions are leading venues for flow servicing, bulk MSR, and TBA transactions.

"MCT was the fastest and most comprehensive technology partner I worked with on API development while at Fannie Mae," said Steve Pawlowski, Managing Director, Head of Technology Solutions at MCT. "I couldn't be more excited to apply my institutional expertise to this agile and committed technology development team."

Mr. Pawlowski will provide leadership on all MCT technology development. He brings extensive industry experience to MCT, including 30+ years with Fannie Mae's Capital Markets and Single-Family Digital Products and Services organizations. Mr. Pawlowski and his team were instrumental in developing Fannie Mae's Servicing Marketplace and the original, first-of-their-kind pricing and commitment APIs.

Contact MCT to learn more about improving profitability and efficiency, whether you are a mortgage lender or buy-side mortgage asset investor: https://mct-trading.com/contact/.

About MCT:

For over two decades, MCT has been a leading source of innovation for the mortgage secondary market. Melding deep subject matter expertise with a passion for emerging technologies and clients, MCT is the de facto leader in innovative mortgage capital markets technology. From architecting modern best execution loan sales to launching the most successful and advanced marketplace for mortgage-related assets, lenders, investors, and network partners all benefit from MCT's stewardship. MCT's technology and know-how continues to revolutionize how mortgage assets are priced, locked, protected, valued, and exchanged - offering clients the tools to thrive under any market condition.

For more information, visit https://mct-trading.com/ or call (619) 543-5111.

Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, today announced the appointment of Steve Pawlowski as Managing Director, Head of Technology Solutions. Mr. Pawlowski will be responsible for expanding upon MCT's proven record of driving efficiency and liquidity in the secondary market. He will report directly to MCT's COO, Phil Rasori.

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