Tag: Mortgage
FormFree Returns as Sponsor of Ellie Mae Experience 2018
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ATHENS, Ga. /ScoopCloud/ -- For the second year, automated verification provider FormFree will sponsor Ellie Mae's (NYSE:ELLI) annual user conference. Ellie Mae Experience 2018 takes place March 19-21 at the Wynn hotel in Las Vegas. Each year, Ellie Mae Experience brings together thousands of mortgage leaders to discuss the latest industry strategies, share best practices and receive hands-on training.
ReverseVision’s Sold-Out Third Annual User Conference Equips New and Experienced HECM Lenders with Data-Driven Insights
SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, attracted a record crowd of industry newcomers to its third annual user conference February 6-8 at the Kona Kai Resort and Spa in San Diego.
AccountChek by FormFree Will Integrate with Black Knight’s LoanSphere Exchange Digital Solution
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ATHENS, Ga. /ScoopCloud/ -- Automated verification provider FormFree today announced that its award-winning AccountChek asset verification service will integrate with LoanSphere Exchange Digital, a centralized application programming interface (API) marketplace for the mortgage industry. LoanSphere Exchange Digital is offered by Black Knight, Inc., a leading provider of integrated software, data and analytics to the mortgage and real estate industries.
ReverseVision Partners with DataVerify to Help HECM Lenders Improve Loan Quality, Reduce Repurchase Risk
SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced the availability of DataVerify's DRIVE verification platform within ReverseVision's flagship RV Exchange (RVX) loan origination system (LOS). DRIVE helps lenders improve efficiency and reduce repurchase risk by monitoring changes to borrower identity, loan application, and property data throughout the origination process.
National Mortgage Professional Magazine Names OpenClose a 2018 Top Mortgage Employer for the Second Year in a Row
WEST PALM BEACH, Fla. /ScoopCloud/ -- OpenClose, an industry-leading multi-channel loan origination system (LOS) and mortgage fintech provider, announced that was it was again honored as a Top Mortgage Employer by National Mortgage Professional magazine (NMP) for 2018. OpenClose was one of only ten companies to be included in the Services Providers category.
Mortgage Risk Management and Compliance Vendor MQMR Grows Sixth Consecutive Year Serving Lenders and Servicers
LOS ANGELES, Calif. /ScoopCloud/ -- Mortgage Quality Management and Research, LLC (MQMR), a leader in mortgage risk management and compliance services, today announced that 2017 was a banner year for the company, marked by the launch of two new auditing programs and the addition of senior-level staff members.
Simplifile Approved by Arkansas Secretary of State as E-Notary Vendor
PROVO, Utah /ScoopCloud/ -- Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, announced that it has been approved by the Arkansas Secretary of State as an electronic notary (e-notary) service provider. As a result, Simplifile users in the 23 Arkansas recording jurisdictions in Simplifile's e-recording network will now have the ability to electronically notarize documents, thus streamlining their processes and allowing them to keep as much of the real estate transaction electronic as possible.
Quest Advisors Picks TRK’s Insight RDM Mortgage QC Audit Platform
SALT LAKE CITY, Utah /ScoopCloud/ -- TRK Connection , a leading provider of mortgage quality control and origination management solutions, announced today that outsourced mortgage quality assurance firm Quest Advisors has selected Insight Risk & Defect Management to power its third-party mortgage QC reviews.
Inlanta Mortgage Integrates CompenSafe with LendingQB
LBA Ware -
MACON, Ga. /ScoopCloud/ -- LBA Ware, a leading provider of automated compensation software and systems integration solutions for mortgage lending and retail banking, announced that Wisconsin-based Inlanta Mortgage has completed integration between LBA Ware's CompenSafe automated compensation calculation platform and LendingQB's cloud-based loan origination solution (LOS). Through the integration, Inlanta is able to leverage real-time loan production data to automatically calculate compensation for each of its 100+ loan originators.
IDS Gains Market Share in 2017 Despite Industry Downturn
SALT LAKE CITY, Utah /ScoopCloud/ -- Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it increased its share of the mortgage document preparation market in 2017, even though the industry overall experienced a decline in volume. In February, idsDoc introduced new borrower data collection fields that support compliance with the 2018 changes to Home Mortgage Disclosure Act (HMDA) reporting.
RoundPoint and Matic Automate Homeowner’s Insurance for Homebuyers, Mortgage Servicing Customers and RoundPoint Employees
SHERMAN OAKS, Calif. /ScoopCloud/ -- Matic, a digital insurance agency whose technology enables borrowers to purchase homeowner's insurance during the mortgage transaction, today announced a wide-ranging integration with RoundPoint Mortgage Servicing Corporation, a mortgage loan originator and one of the nation's largest non-bank mortgage servicing companies. The integration will make Matic's one-click "get quote" button available to both customers and employees of RoundPoint.
Matic Challenges U.S. Mortgage Lenders, Insurers to Help Families Achieve Affordable Housing
SHERMAN OAKS, Calif. /ScoopCloud/ -- Matic Insurance, a digital insurance agency whose technology enables borrowers to purchase homeowner's insurance during the mortgage transaction, is calling on mortgage lenders, realtors and insurance providers nationwide to support Housed & Hopeful, a public / private partnership with non-profit Mortgage Professionals Providing Hope (MPPH) that aims to house America's homeless families.
CUMAnet Selects Simplifile Collaboration and Post Closing Services
PROVO, Utah /ScoopCloud/ -- Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, announced that CUMAnet has begun using Simplifile Collaboration and Post Closing services to provide credit union clients with a centralized platform that facilitates the effortless exchange of information with settlement partners. CUMAnet intends to expand usage to facilitate electronic document recording for mortgage satisfactions.
LendingQB Makes FormFree’s Award-Winning AccountChek Asset Verification Part of Its ‘Lean Lending’ Loan Origination Software
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ATHENS, Ga. /ScoopCloud/ -- FormFree today announced the availability of its AccountChek automated asset verification service within LendingQB's web-based loan origination software (LOS). The integration enables lenders to order AccountChek Asset Reports directly from LendingQB's verifications dashboard.
NEXT Mortgage Conference Announces ‘NEXT Who’s Who’ Winners
EDMOND, Okla. /ScoopCloud/ -- NEXT Mortgage Events LLC, a creator of NEXT, the mortgage technology conference for women, has announced the winners of the inaugural 2018 NEXT Who's Who list. More than 70 percent of NEXT's inaugural conference attendees participated by naming up to three attendees.
OpenClose Bolsters Software Integration and Support Teams
WEST PALM BEACH, Fla. /ScoopCloud/ -- OpenClose, an industry-leading multi-channel loan origination system (LOS) and mortgage fintech provider, announced that it has added staff to its integration and customer support departments. The new hires will help enhance OpenClose's existing software products, facilitate digital mortgage processes, produce fintech-level innovation and provide excellence in customer support. The company also recently added three senior software engineers to its development team.
ARMCO Named a ‘Top 100 Mortgage Employer’ by National Mortgage Professional Magazine for Second Consecutive Year
POMPANO BEACH, Fla. /ScoopCloud/ -- ACES Risk Management (ARMCO), the leading provider of financial quality control and compliance software ACES Audit Technology, announced that was named among National Mortgage Professional (NMP) magazine's annual Top 100 Mortgage Employers list for 2018. This is the second consecutive year the company has been recognized with this distinction.
Pavaso Leads Charity Effort Benefitting Girls Inc. of Metropolitan Dallas at NEXT Mortgage Conference
EDMOND, Okla. /ScoopCloud/ -- NEXT Mortgage Events LLC ('NEXT'), a creator of events for women mortgage executives, has announced that Pavaso, a mortgage industry leader in eClosing and consumer management technology solutions, led a charity effort that raised over $2,200 for Girls Inc. of Metropolitan Dallas, at NEXT, the mortgage industry's only technology-centric conference for women executives.
MQMR Taps Mitchell Nomura as Internal Audit Manager
LOS ANGELES, Calif. /ScoopCloud/ -- Mortgage Quality Management and Research, LLC (MQMR), a leader in mortgage risk management and compliance services, announced it has hired Mitchell Nomura as internal audit manager. In this role, Nomura will apply his more than 30 years of experience overseeing compliance and risk management departments at bank and non-bank lenders to leading MQMR's team of expert internal auditors as they identify compliance and operational risks for mortgage lender clients.
LBA Ware CEO Lori Brewer Named to 2018 MPA Hot 100 List for Technology Contributions to Mortgage Industry
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MACON, Ga. /ScoopCloud/ -- LBA Ware, a leading provider of automated compensation software and systems integration solutions for mortgage lending and retail banking, announced today that its CEO Lori Brewer has been named to Mortgage Professional America (MPA) magazine's "2018 Hot 100" list. Brewer was recognized for her entrepreneurship and innovation in pioneering the development of a first-of-its-kind software solution to automatically calculate loan officer (LO) compensation.
Global DMS Launches EVO-Commercial, a Next-Generation Valuation Management Software Platform for Commercial Lending
SAN DIEGO, Calif. /ScoopCloud/ -- Global DMS, a leading provider of cloud-based valuation management software, announced that it launched EVO-Commercial (EVO-C) at the MBA's CREF/Multifamily Housing Convention and Expo being held in San Diego February 11 - 14, 2018. The new platform is 100 percent configurable, fully customizable, quick and easy to implement, eliminates numerous steps in the workflow process, lowers system maintenance costs and empowers end-users as well as management teams, among many other efficiency gains.
Simplifile VPs Nancy Alley, Vicki DiPasquale Recognized in MPA’s 2018 Hot 100
PROVO, Utah /ScoopCloud/ -- Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, announced that Simplifile Vice President of Strategic Planning Nancy Alley and Vice President of Sales Vicki DiPasquale were named to Mortgage Professional America magazine's 2018 Hot 100. The honor, now in its sixth year, recognizes '100 movers and shakers who are heating things up in the mortgage world.'
The Cooksey Team Founder Michael Cooksey Recognized by Mortgage Professional America in 2018 Hot 100
ADDISON, Texas /ScoopCloud/ -- The Cooksey Team, a top producing retail branch of Mid America Mortgage, Inc., announced today its founder Michael Cooksey has been honored by housing industry trade magazine Mortgage Professional America (MPA) on its 2018 Hot 100 list. He was recognized for his role as founder of The Cooksey Team, one of Mid America Mortgage's most successful branches.
Mid America Mortgage CEO Jeff Bode Recognized by MPA in ‘2018 Hot 100’
ADDISON, Texas /ScoopCloud/ -- Mid America Mortgage, Inc. today announced that owner and CEO Jeff Bode has been honored by Mortgage Professional America magazine in publication's sixth annual 2018 Hot 100 list of mortgage industry professionals who have made a notable impact over the past year.
TRK Connection CTO Randy Abbey Named to MPA’s 2018 Hot 100
SALT LAKE CITY, Utah /ScoopCloud/ -- TRK Connection, a leading provider of mortgage quality control and origination management solutions, announced today that Chief Technology Officer Randy Abbey has been named to Mortgage Professional America magazine's 2018 Hot 100. He was recognized for contributing unique technology-based innovations in mortgage quality control (QC) and risk management.
Cloudvirga’s Kyle Kamrooz Named to MPA Hot 100 List of Top Mortgage Industry Innovators
IRVINE, Calif. /ScoopCloud/ -- Cloudvirga, developer of intelligent mortgage point-of-sale (POS) platforms, today announced that its Co-founder and Chief Strategy Officer Kyle Kamrooz has been named to Mortgage Professional America (MPA) magazine's annual Hot 100 list of the leaders and visionaries making the biggest impact on America's mortgage industry. Kamrooz was recognized for spearheading Cloudvirga's transformative contributions to reducing mortgage back-office costs through digital mortgage technology.
Mortgage Professional America Names Matic Co-Founder Ben Madick to Its Hot 100 List of Industry Visionaries
SHERMAN OAKS, Calif. /ScoopCloud/ -- Matic, a digital insurance agency whose technology enables borrowers to purchase homeowner's insurance during the mortgage transaction, announced today that company co-founder and COO Benjamin Madick has been named one of Mortgage Professional America magazine's "Hot 100." Madick was recognized for his career-long contributions to the mortgage industry and for establishing the strategic partnerships that have fueled Matic's rapid growth.
FormFree’s Brent Chandler Named Among Mortgage Professional America’s Hot 100
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ATHENS, Ga. /ScoopCloud/ -- FormFree today announced that company founder and CEO Brent Chandler has been recognized by Mortgage Professional America magazine in its annual Hot 100 list of mortgage professionals whose contributions are shaping America's home finance future. Chandler was recognized as the creator of AccountChek - the mortgage industry's first automated asset verification tool - and for advancing innovative approaches to income and employment verification using asset data and augmented intelligence (AI).
ReverseVision Vice President of Sales and Marketing Wendy Peel Included in MPA’s 2018 Hot 100
SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision,, Inc., the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, announced today that Vice President of Sales and Marketing Wendy Peel has been named to Mortgage Professional America (MPA) magazine's Hot 100 list. Peel was selected for her influential role in bringing HECM loans into the mortgage mainstream as part of a Generational Lending approach to serving borrower needs across the consumer lifecycle.
Movement Mortgage Implements CompenSafe to Automate LO Compensation
LBA Ware -
MACON, Ga. /ScoopCloud/ -- LBA Ware, a leading provider of automated compensation software and systems integration solutions for mortgage lending and retail banking, announced that South Carolina-based Movement Mortgage has implemented CompenSafe to automatically calculate commissions for its loan originators (LOs) located in 700 branches across 49 states.
Subsequent QC, LLC Urges Lenders to Protect MSRs Ahead of Mortgage Servicing Activity in 2018
LOS ANGELES, Calif. /ScoopCloud/ -- Subsequent QC, LLC President Michael Steer today advised lenders to take steps to protect their Mortgage Servicing Rights (MSR) assets ahead of an anticipated increase in total mortgage servicing volume. According to the Mortgage Bankers Association, outstanding mortgage debt is expected to reach $10.4 trillion by the end of 2018, compared to $10 trillion in 2017 and $9.7 trillion in 2016.
Critical Loan Defect Rates Increase for Third Consecutive Quarter
POMPANO BEACH, Fla. /ScoopCloud/ -- ACES Risk Management (ARMCO), the leading provider of financial quality control and compliance software ACES Audit Technology(TM), announced the release of the ARMCO Mortgage QC Trends Report for the second quarter of 2017. The ARMCO Mortgage QC Industry Trends Report is based on nationwide post-closing quality control loan data from over 90,000 loans selected for random full-file reviews.
LBA Ware’s CompenSafe Hits $1 Billion in Lifetime LO Compensation Calculations
LBA Ware -
MACON, Ga. /ScoopCloud/ -- LBA Ware, a leading provider of automated compensation software and systems integration solutions for mortgage lending and retail banking, announced their sales incentive platform CompenSafe calculated $1 billion in lifetime origination commissions and operational bonuses in 2017. LBA Ware also experienced notable year-over-year growth, marked by a 152 percent increase in total compensation processed and a 130 percent increase in the number of lenders using LOS Talker, the company's systems integration solution.
Addition of 23 Jurisdictions in the Eastern U.S. Pushes Simplifile E-recording Network Past the 1,700th Mark
PROVO, Utah /ScoopCloud/ -- Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, today announced that 23 additional recording jurisdictions throughout the Northeast, Mid-Atlantic, and Southeast have adopted Simplifile's e-recording platform.
DocMagic Reaches 300 Million Mortgage eSignings as More Borrowers Opt for eSigning and More Lenders Require Proof of TRID Compliance
TORRANCE, Calif. /ScoopCloud/ -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that it has processed more than 300 million mortgage-related electronic signatures.