Tag Archives: mortgage analytics

MMI launches Refinder mortgage refinance tool to help lenders prepare for expected interest rate decline

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 a new feature, Refinder, to help lenders uncover refinance opportunities in their database of past borrowers.

Refinder scans a loan officer's portfolio of past loans and identifies potential refinance opportunities based on a loan's current interest rate. The results provide key data points such as predicted monthly savings, cash out potential, current loan-to-value (LTV) and more, enabling lenders to quickly prepare and initiate refinance conversations with the borrower. Refinder also ranks and assesses the identified opportunities from best, good, moderate or low, allowing users to easily prioritize where to begin.

"Providing actionable insights from data is our mission. With interest rates trending downward, we want to do everything we can to help our customers be prepared," said Ben Teerlink, founder and CEO of MMI. "With Refinder, we thought through every detail and scenario to make it easier than ever for lenders to identify refinance opportunities."

With the shifting market comes untapped opportunity in every loan officer's customer database. The Mortgage Banker's Association reports refinance applications are up 85% year-over-year. Refinder gives loan officers a quick way to see which of their previous borrowers are ripe for a refinance. To learn more or schedule a demo, visit https://mmi.io/book-a-demo/.

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 more than half of the top 100 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 a new feature, Refinder, to help lenders uncover refinance opportunities in their database of past borrowers.

Related link: https://mmi.io

iEmergent appoints Chris Richey as Chief Analytics Officer

DES MOINES, Iowa /ScoopCloud/ -- iEmergent, a forecasting and advisory services firm for the financial services, mortgage and real estate industries, today announced the appointment of Chris Richey as chief analytics officer. In this role, Richey will oversee and expand upon iEmergent's data analytics capabilities, which help mortgage lenders identify gaps in sales coverage and effectively expand into new markets.

Richey, who first joined iEmergent in a consulting capacity in 2016, has been instrumental in building out the data and information technology (IT) frameworks supporting the firm's external Mortgage MarketSmart and internal business intelligence (BI) platforms. With this infrastructure in place, Richey will next turn his attention to enhancing the analytics engine and statistical models that power iEmergent's market-leading data insights.

"Chris' combination of mathematics, economics and IT expertise is quite rare, but what's even more exceptional is his commitment to applying those skills to affect positive change," said iEmergent CEO Laird Nossuli. "For years, iEmergent's data has pointed to diversity in lending as not only the right thing to do for our communities, but also a business imperative for lenders. Chris will play an integral role in advancing our ability to put this imperative into context for individual lenders so they can turn insight into action and measurable growth."

Before joining iEmergent, Richey was a data analyst in the IT business unit of a Fortune 100 government contractor. His work synthesizing and analyzing some of the largest healthcare databases in the United States helped guide Medicare's implementation of regulatory programs designed to improve the quality and lower the cost of healthcare for millions of Americans. Later, during the COVID pandemic, Richey was part of a task force that tracked nursing home outbreaks of COVID-19 and applied data sourced from multiple agencies to coordinate the delivery of training, supplies and vaccinations.

Earlier in his career, Richey worked as a quantitative analyst within the financing arm of a Fortune 100 equipment manufacturer, where he built statistical models for managing credit risk, conducted regulatory compliance stress testing and leveraged his background in IT to create a unified framework for consolidating and reporting data across the global organization.

Richey is a graduate of Iowa State University, where he earned a bachelor's degree in economics and math and a master's degree in economics.

About iEmergent:

Founded in 2000, iEmergent provides mortgage lending forecasts and analytics to the lending, housing and real estate industries. The company offers an extensive variety of forecast and market intelligence products, including Mortgage MarketSmart, a visualization tool that helps lenders quantify how mortgage markets will change. For more information, visit https://www.iemergent.com.

Twitter: @iemergent #housingfinance

iEmergent, a forecasting and advisory services firm for the financial services, mortgage and real estate industries, today announced the appointment of Chris Richey as chief analytics officer. In this role, Richey will oversee and expand upon iEmergent's data analytics capabilities, which help mortgage lenders identify gaps in sales coverage and effectively expand into new markets.

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

Nomis Solutions Appoints FinTech Veteran Joe Zeibert as Vice President, Head of Mortgage Product and Strategy

SAN FRANCISCO, Calif. /ScoopCloud/ -- Nomis Solutions (Nomis), a global, industry-leading pricing and profitability management solutions provider, announced today the promotion of FinTech expert Joe Zeibert to vice president, head of mortgage product and strategy. In this role, Zeibert will lead the continued development and innovation of Nomis' mortgage pricing and profitability management and competitive intelligence technology.

Zeibert, previously an executive banker at Bank of America, was recruited by Nomis in 2019 to develop the company's flagship mortgage pricing and competitive intelligence product. In just over a year, Zeibert has established and launched a suite of mortgage SaaS products with record implementation times, doubled the Nomis client base and served as subject matter expert for a variety of mortgage industry speaking engagements and events.

"Bringing Joe on board was part of a multi-year strategic initiative to introduce a tactical, incredibly unique pricing and profitability management product to the mortgage industry," explained Frank Rohde, president and CEO of Nomis Solutions. "Joe's innate skills and mortgage know-how have been pivotal in Nomis' rapid growth, and we are more focused than ever before on driving innovation for mortgage pricing and profitability insights."

Zeibert's knack for mortgage pricing has been cultivated over the last 15 years through his extensive experience in home equity pricing, analytics and product development. During his eight-year tenure at Bank of America, draw-per-loan increased by 23%, and profitability rose by 15%. He then progressed to Ally Financial as senior director of product, pricing, credit and analytics of the mortgage division. There, he generated more than $5 billion in leads annually, modeled 662 million price points individually and drove ad hoc and automated analytics and reporting tools to provide competitive pricing insights and empower data-driven decisions.

"Nomis has really opened the floodgates of opportunity for mortgage lenders of any size. We have perfected the science behind leveraging competitive data and actionable analytics to provide real-time, granular insight into an organization's operational processes, competition and the effectiveness of their strategies," said Zeibert. "I am honored to receive this promotion and look forward to watching more and more lenders take advantage of these tools that provide a substantial competitive edge."

Nomis' mortgage technology suite provides real-time pricing analytics and competitive intelligence, enabling mortgage lenders to identify and act on market opportunities, strengthen customer relationships, optimize operations, and maximize profitability. With Nomis, mortgage lenders save time and resources, experience an increase in lead-to-application conversion rates, and can more accurately identify and react to profitable opportunities.

About Nomis Solutions

Nomis Solutions is a global, industry-leading pricing and profitability management solutions provider that delivers competitive intelligence to bankers and mortgage lenders to facilitate more advanced pricing strategies. The company's analytics platform and end-to-end pricing tools enable retail banks and mortgage lenders to achieve customer- and borrower-centric pricing backed by real-time, actionable data. The platform also supports banks and mortgage lenders in their understanding and anticipation of the evolving demands of customers and borrowers, competitors, and ever-changing market conditions. For more information, please visit http://www.nomissolutions.com/.

Nomis Solutions (Nomis), a global, industry-leading pricing and profitability management solutions provider, announced today the promotion of FinTech expert Joe Zeibert to vice president, head of mortgage product and strategy.

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

LBA Ware Taps Data and Analytics Product Expert Brian Jordan as Director of Product Management

MACON, Ga. /ScoopCloud/ -- LBA Ware(TM), a leading provider of incentive compensation management (ICM) and business intelligence software solutions for the mortgage industry, has tapped financial data and analytics industry expert Brian Jordan as director of product management. Jordan was hired to enhance and expand LimeGear, LBA Ware's recently launched turnkey business intelligence (BI) platform.

Jordan possesses 13 years' product experience at global data aggregation and analytics firms serving the banking and financial services sectors. Immediately before joining LBA Ware, Jordan was a lead product manager at LexisNexis Risk Solutions, where he worked to provide strategic technical services for Quod, a pioneering credit bureau formed by Brazil's top-five banks focused on risk management and fraud prevention, intended to serve as a model for financial institutions of the future. Previously, Jordan held positions at Global Data Company (now Trulioo), a Vancouver-based global identity verification provider, and Zoot, a global provider of advanced loan origination, acquisition and decision-management solutions for financial institutions.

"Brian has extensive, industry-specific experience in data and analytics and a successful track record leading the development of complex and innovative fintech products," said LBA Ware Founder and CEO Lori Brewer. "He brings a valuable skill set to LBA Ware that will drive client-focused growth to our LimeGear business intelligence platform."

"Throughout my career, I've witnessed how quality business intelligence helps organizations achieve tremendous results," said Jordan. "LBA Ware's industry expertise combined with its passion for enhancing lender performance is unparalleled. I look forward to helping the team expand LimeGear to transform the performance of its mortgage lending clients."

About LBA Ware(TM):

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

*PHOTO link for media: https://www.Send2Press.com/300dpi/20-0708s2p-brian-jordan-300dpi.jpg

Twitter: @LBAWare #PeopleMovers #mortgageindustry #newhires

LBA Ware, a leading provider of incentive compensation management (ICM) and business intelligence software solutions for the mortgage industry, has tapped financial data and analytics industry expert Brian Jordan as director of product management. Jordan was hired to enhance and expand LimeGear, LBA Ware's recently launched turnkey business intelligence (BI) platform.

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

The Mortgage Collaborative Announces Release of TMC Benchmark 2.0

SAN DIEGO, Calif. /ScoopCloud/ -- The Mortgage Collaborative (TMC), the nation's only independent mortgage cooperative, today announced the release of its enhanced benchmarking solution for its lender members. In collaboration with TMC Preferred Partner LBA Ware(TM), TMC Benchmark now has an improved user interface, augmented reporting dashboards and peer segmentation.

It also offers the option for TMC Lender Members to have their data automatically extracted from their LOS and brought directly into to the platform with little to no manual work required to receive a customized monthly benchmarking report.

"It's more important than ever for mortgage lenders to have a firm handle on their critical metrics," said Rich Swerbinsky, Chief Operating Officer of The Mortgage Collaborative. "The type of data our members want to see has changed in this new market and real-time visibility into that information is vital. We're thrilled to collaborate with Lori Brewer and her team at LBA Ware to deliver even greater value to our members with this enhanced version of TMC Benchmark."

Created as an exclusive free benefit of membership for lenders who are part of TMC, the benchmarking tool was initially released in October 2017. The new version provides an easy-to-use platform for members to submit production, operational, execution and staff compensation data and receive visual analytics for their organization, along with peer averages from across the TMC member network.

"The trusting and open environment within the TMC Lender Member network provides the ideal foundation from which a successful benchmark project can thrive," said LBA Ware CEO and Founder Lori Brewer. "Providing visibility into data is at the core of LBA Ware's mission, and we're eager to help TMC fulfill a similar vision through the re-design of TMC Benchmark. TMC Lender Members will not only get a better handle on their own data, but also see how their metrics stack up against their peers so that they can have honest and open dialogue on how to remain competitive in their markets."

For more information on TMC Benchmark or the benefits of membership in The Mortgage Collaborative, contact TMC COO Rich Swerbinsky at rswerbinsky@mtgcoop.com.

About The Mortgage Collaborative:

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

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

About LBA Ware(TM):

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

For more information about LBA Ware and their software solutions, visit https://lbaware.com.

The Mortgage Collaborative (TMC), the nation's only independent mortgage cooperative, today announced the release of its enhanced benchmarking solution for its lender members. In collaboration with TMC Preferred Partner LBA Ware, TMC Benchmark now has an improved user interface, augmented reporting dashboards and peer segmentation.

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

Lender Price Included on 2017 HW Tech 100 List by HousingWire Magazine

PASADENA, Calif. /ScoopCloud/ -- Lender Price, the emerging leader in real-time, competitive mortgage analytics and product pricing & eligibility (PPE) solutions complete with full mobile functionality and advanced business intelligence, today announced it has been included in the 2017 HW TECH100 list published by housing industry trade magazine HousingWire.

"Innovation and market disruption, two of the ideals upon which Lender Price was founded, often go hand in hand," said Lender Price founder and CEO Dawar Alimi. "We are honored to have been included on the 2017 HW TECH100 list and will continue our efforts to empower lenders to make more informed decisions through real-time pricing analytics and increased transparency."

"The companies that make up the 2017 HW TECH100 are the cream of the crop of the entire housing industry, from real estate to mortgage lending, servicing, and investment," said HousingWire Senior Financial Reporter Ben Lane. "These companies aren't just taking part in the housing industry's technological revolution; they're leading it."

The HW TECH100 recognizes the top 100 fintech companies that are driving housing technology innovation. HousingWire editors noted the breadth of innovative features Lender Price has incorporated in its solutions, including "built-in compliance checks, secondary marketing tools, margin management, pricing tier and compensation management, a wholesale and correspondent client portal, customized workflows and mobile functionality." The magazine also cited Lender Price's advanced analytics report, which allows users to search based on product scenarios and usage by originators, to determine what products are being locked more frequently and identify products that are being overlooked.

"The companies in the 2017 HW TECH100 cover the entire mortgage finance spectrum. There's hardly a corner of our industry that hasn't been transformed in some way, either by fintech startups focusing on a specific software need or legacy companies evolving to compete in the new environment," said HousingWire Magazine Editor Sarah Wheeler. "Now more than ever, these companies are delivering the innovation this industry needs to do its most important job: supporting the American Dream."

To view the full list of winners, visit http://www.housingwire.com/articles/39311-the-2017-hw-tech100.

About HousingWire:
HousingWire is the nation's most influential industry news source covering the U.S. housing economy, spanning residential mortgage lending, servicing, investments, and real estate operations. The company's news, commentary, magazine content, industry directories, and events give more than one million industry professionals each year the insight they need to make better, more informed business decisions. Winner of numerous awards, including a 2012 Eddie Award for national editorial excellence in the B2B Banking/Business/Finance category, HousingWire has been recognized for excellence in journalism by the Society of Business Editors and Writers, the American Society of Business Press Editors, the National Association of Real Estate Editors, and Trade Association Business Publications International. Learn more at http://www.housingwire.com.

About Lender Price:
Lender Price is a California-based big data technology innovator and developer of a real-time, competitive mortgage analytics and product pricing & eligibility (PPE) platform complete with full mobile functionality and unprecedented business intelligence. With Lender Price, wholesale and correspondent lenders, banks, and credit unions can knowledgeably manage product pricing for all mortgage types: conforming, non-conforming, non-QM, and specialty loans. The PPE platform delivers innovative features that include: built-in compliance checks, capital market tools, margin management, lock desk, customized workflows and mobile functionality.

Lender Price allows lenders to focus on what they do best by removing the burden of technology development and management. For more information, visit http://lenderprice.com/ or send email to: Contact@LenderPrice.com.

Lender Price, the emerging leader in real-time, competitive mortgage analytics and product pricing & eligibility (PPE) solutions complete with full mobile functionality and advanced business intelligence, today announced it has been included in the 2017 HW TECH100 list published by housing industry trade magazine HousingWire.