Tag: Mortgage

FormFree Founder Brent Chandler Commends CFPB Proposal to Eliminate DTI, Citing Ability to Pay as a ‘Best Consumer Borrowing Risk Indicator’

ATHENS, Ga. /ScoopCloud/ — FormFree Founder and CEO Brent Chandler today responded to this week’s news that Consumer Financial Protection Bureau (CFPB) Director Kathy Kraninger indicated the bureau’s decision to propose amending the Ability to Repay/Qualified Mortgage Rule so as to “move away” from debt-to-income (DTI) calculations as a mortgage underwriting factor.

CardTapp and Top of Mind Offer Combined Solution Aimed at Improving Loan Officer Productivity and Lead Response Time

ATLANTA, Ga. /ScoopCloud/ — CardTapp, your always-on digital assistant, today announced an integration with Surefire by Top of Mind Networks (Top of Mind), a leader in customer relationship management (CRM) and marketing automation software for the mortgage lending industry. The integration brings together Surefire’s new Power Calls capability with CardTapp’s digital assistant solution to increase loan officer productivity and enable speedier borrower outreach.

LBA Ware Releases 2019 LO Compensation Report

MACON, Ga. /ScoopCloud/ — LBA Ware, a leading provider of incentive compensation management (ICM) and business intelligence software solutions for the mortgage industry, today released summary statistics on the state of mortgage industry compensation in 2019. The firm’s analysis of year-over-year data from its CompenSafe ICM platform reveals compelling trends about how mortgage lenders nationwide are managing commissions for loan originators (LOs).

FormFree Generates Record Number of Combined Verification Reports in 2019

ATHENS, Ga. /ScoopCloud/ — FormFree rounded out 2019 with a 65 percent increase in total orders for its AccountChek Asset Report and three-in-one Passport Report over the previous year. The surge in adoption of the company’s market-leading products, which allow lenders to verify borrower asset, income and employment information, caps a long list of product milestones.

NotaryCam Approved to Provide eNotary, RON Services for Michigan Notaries

NEWPORT BEACH, Calif. /ScoopCloud/ — NotaryCam the pioneering leader in online notarization and original provider of mortgage eClosing solutions, today announced that it has been approved by the Michigan Department of State to provide both eNotary and remote online notarization (RON) services to the more than 113,000 notaries public registered in the state.

SimpleNexus User Group (SNUG) 2020 Agenda Announced

LEHI, Utah /ScoopCloud/ — SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced the agenda for SimpleNexus User Group (SNUG) 2020 conference being held February 9-12 at the Snowbird Ski Resort in Snowbird, Utah.

PROGRESS in Lending Association Honors OpenClose CEO/CTO Jason Regalbuto with 2019 Lending Luminary Award

WEST PALM BEACH, Fla. /ScoopCloud/ — OpenClose, an industry-leading multi-channel loan origination system (LOS) and digital mortgage fintech provider, announced that Jason Regalbuto, the company’s long-time CEO/CTO, was selected as a 2019 ‘Lending Luminary’ by PROGRESS in Lending Association for his concerted work in leading the mortgage industry and his company to major success over the past 12 months.

NEXT and Housing Finance Strategies Announce #NEXTDC20

WASHINGTON, D.C. /ScoopCloud/ — Capitalizing on the success of their recent executive summit in Washington D.C., NEXT Mortgage Events and Housing Finance Strategies announced #NEXTDC20, their second annual event to be held shortly after the November 2020 election in Washington, D.C.

OpenClose CRO Vince Furey Wins 2019 HousingWire Vanguard Award

WEST PALM BEACH, Fla. /ScoopCloud/ — OpenClose, an industry-leading multi-channel loan origination system (LOS) and digital mortgage fintech provider, announced that its chief revenue officer (CRO), Vince Furey, has been selected by HousingWire as one of its 2019 Vanguard Award winners.

SimpleNexus President and COO Ben Miller Honored as 2019 HousingWire Vanguard Award Recipient

LEHI, Utah /ScoopCloud/ — SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced that President and COO Ben Miller has been named a 2019 HousingWire Vanguard Award winner. Now in its fifth year, the HW Vanguard Awards program recognizes executives in the housing finance industry for their outstanding leadership in the space.

SimpleNexus CEO Matt Hansen Named to Inaugural Class of ‘Lending Luminaries’

, Nov. 22, 2019 (SEND2PRESS NEWSWIRE) — SimpleNexus (https://simplenexus.com/), developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, announced that company Founder and CEO Matt Hansen has been named to PROGRESS in Lending’s inaugural list of Lending Luminaries. The award program recognizes individuals whose vision and leadership have inspired others and helped companies better navigate a fluctuating mortgage market. /ScoopCloud/ — SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, announced that company Founder and CEO Matt Hansen has been named to PROGRESS in Lending’s inaugural list of Lending Luminaries. The award program recognizes individuals whose vision and leadership have inspired others and helped companies better navigate a fluctuating mortgage market.

ARMCO Reduces QC Turn Times with ACES’ New Parallel Workflow Capability

POMPANO BEACH, Fla. /ScoopCloud/ — ACES Risk Management (ARMCO), the leading provider of enterprise financial risk mitigation solutions, has announced several product enhancements to its auditing platform, ACES Audit Technology. This upgrade introduces a new parallel workflow capability that saves time and reduces turn times while maintaining the quality of staff output. The ultimate result of this feature is faster loan delivery.

Mid America Mortgage Completes In-House Conversion of Its Mortgage Servicing Operations

ADDISON, Texas /ScoopCloud/ — Mid America Mortgage, Inc. (Mid America) announced today that it has completed the transition of its servicing operations to its newly-formed in-house servicing department. As of November 4, 2019, Mid America’s national servicing portfolio, will be managed by an internal staff of approximately 40 employees located in the firm’s Addison, Texas headquarters.

Inaugural NEXT Excellence in Leadership Award Goes to Lee Raagas, CEO of Skid Row Housing Trust at NEXTDC19

WASHINGTON, D.C. /ScoopCloud/ — Ahead of the highly anticipated #NEXTDC19 summit on November 18, 19 in Washington, D.C., from NEXT Mortgage Events, conference co-host Faith Schwartz, President of Housing Finance Strategies, announced that Kerri Milam, president of Depth Public Relations will present the inaugural NEXT Excellence in Leadership award to Lee Raagas, Chief Executive Officer of Skid Row Housing Trust.