Tag: Mortgage
iEmergent Joins The Mortgage Collaborative’s Preferred Partner Network
SAN DIEGO, Calif. /ScoopCloud/ -- The Mortgage Collaborative (TMC), the nation's only independent mortgage cooperative, today announced the addition of forecasting and analytics firm iEmergent to its Preferred Partner network. iEmergent offers TMC members market-based forecasts that can drill down into communities, making the intelligence relevant to both high-level strategic issues and specific market challenges.
FormFree Celebrates Its Tenth Year of Operations with Broader Investor Acceptance, New Products and Features for Lenders
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ATHENS, Ga. /ScoopCloud/ -- The last 24 months have seen aggressive growth and milestone achievements for automated verification provider FormFree -- and now the fintech company is setting its sights on achieving even greater market penetration in 2018 thanks to broader investor acceptance and new products and features designed to meet lenders' unique needs.
MQMR Announces Internal Audit Services Compliant with Fannie Mae Seller/Servicer December 19 Update
LOS ANGELES, Calif. /ScoopCloud/ -- Mortgage Quality Management and Research, LLC (MQMR), a leader in mortgage risk management and compliance services, today announced that its Internal Audit services offering meets or exceeds the requirements for Fannie Mae seller/servicers to be in compliance with the December 19, 2017 Fannie Mae Selling Guide Announcement SEL-2017-10 update.
Mortgage Capital Trading COO Phil Rasori Scheduled to Speak at the Independent Mortgage Bankers Conference
SAN DIEGO, Calif. /ScoopCloud/ -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that its COO, Phil Rasori, will be speaking on a panel session at the MBA's 2018 Independent Mortgage Bankers Conference on Wednesday, January 24, 2018 being held at the Ritz-Carlton in Fernandina Beach, Florida.
Record Year for Cloudvirga Closes with Customers of Its Digital Mortgage Platform Producing Over $100B in Loan Volume
IRVINE, Calif. /ScoopCloud/ -- Cloudvirga CEO Michael Schreck is on a mission to help mortgage lenders reinvent the mortgage factory. A developer of intelligent mortgage point-of-sale platforms, Cloudvirga gives consumers and loan officers a digital mortgage experience and helps lenders grow market share by automating the mortgage back office, saving them up to $1,500 a loan.
Smaller Originators Will Follow Top Lenders’ Lead in Making Homeowner’s Insurance Part of the Digital Mortgage, Says Matic CEO
SHERMAN OAKS, Calif. /ScoopCloud/ -- Integrating homeowner's insurance into the mortgage origination process is a relatively new idea - and one Matic CEO Aaron Schiff anticipates will gain traction in 2018. His firm expects small and mid-sized mortgage operations will follow the lead of several marquee lenders that added homeowner's insurance to their origination workflows last year. Wider availability of cutting-edge digital capabilities like online bind will also make integrated homeowner's insurance more attractive for lenders, Schiff says.
Transformational Mortgage Solutions (TMS) Founder David Lykken Names Beth Ozenghar President and COO
AUSTIN, Texas /ScoopCloud/ -- Leading mortgage industry management consulting firm Austin, Texas-based Transformational Mortgage Solutions (TMS) today announced that it has named Beth Ozenghar its new president and COO. Ozenghar, whose mortgage career spans three decades, had been in the role of senior executive advisor with TMS since 2016. TMS Founder David Lykken will retain the title of founder and chief transformation officer, focusing on spearheading the firm's management consulting engagements.
Mortgage Capital Trading Bolsters its Marketing Team with the Addition of Ian Miller as CMO
SAN DIEGO, Calif. /ScoopCloud/ -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that Ian Miller has joined the company as Chief Marketing Officer (CMO). In this newly created position, he is responsible for ensuring that MCT's marketing strategy effectively supports the company's business plan and helps drive growth.
Digital Mortgage Point-of-Sale Pioneer Cloudvirga Hires Sean McEvoy as Chief Customer Officer
IRVINE, Calif. /ScoopCloud/ -- Cloudvirga Inc., developer of intelligent mortgage point-of-sale (POS) platforms, has appointed Sean McEvoy as its chief customer officer. As a member of the senior leadership team, McEvoy will be responsible for the firm's customer leadership, implementation and support functions. He has an extensive background in building world-class customer success organizations at FileNET, IBM, Quest and Dell. He will report to Cloudvirga CEO Michael Schreck.
TRK VP Colton Hansen Named a 2017 ’40 Under 40′ by National Mortgage Professional Magazine
SALT LAKE CITY, Utah /ScoopCloud/ -- TRK Connection, a leading provider of mortgage quality control and origination management solutions, announced today that Vice President of Business Development Colton Hansen has been named one of 'The 40 Most Influential Mortgage Professionals Under 40' for 2017 by industry trade magazine National Mortgage Professional.
AccountChek by FormFree Automated Asset Report Now Accepted for VA Loans
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ATHENS, Ga. /ScoopCloud/ -- FormFree today announced that asset reports generated by its AccountChek automated asset verification service meet all underwriting guidelines established by the U.S. Department of Veterans Affairs (VA) for loans guaranteed by its Loan Guaranty Service. The announcement follows the VA's December 29, 2017, release of Circular 26-17-43, which was issued in response to increasing lender interest in automated verification of borrower assets for VA loans.
Global DMS Valuation Management Platform is Now Integrated with Black Knight’s LoanSphere Exchange Technology
LANSDALE, Pa. /ScoopCloud/ -- Global DMS, a leading provider of cloud-based valuation management software, announced that it has integrated with Black Knight's LoanSphere Exchange platform, an online, collaborative technology that connects more than 25,000 mortgage industry service and solution providers.
Supreme Lending Branch Partners with May We Give for Love
DALLAS, Texas /ScoopCloud/ -- Supreme Lending, a nationwide lender, has announced that its San Diego, California branch has partnered with May We Give for Love, a San Diego-based nonprofit organization that provides financial contributions and volunteer support to several local charitable causes.
Michael Cooksey Named One of National Mortgage Professional Magazine’s ’40 Under 40′
DALLAS, Texas /ScoopCloud/ -- The Cooksey Team, a top producing retail branch of Mid America Mortgage, Inc., announced today that its founder Michael Cooksey has been named one of The 40 Most Influential Mortgage Professionals Under 40 for 2017 by industry trade magazine National Mortgage Professional.
Cloudvirga Co-founder Kyle Kamrooz Named One of National Mortgage Professional Magazine’s 40 Most Influential Mortgage Professionals Under 40
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 one of National Mortgage Professional magazine's 2017 '40 Most Influential Mortgage Professionals Under 40.'
Matic COO Named One of National Mortgage Professional Magazine’s 40 Most Influential Mortgage Professionals Under 40
SHERMAN OAKS, Calif. /ScoopCloud/ -- Matic Insurance Services, 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 National Mortgage Professional magazine's 2017 '40 most influential mortgage professionals under 40.'
The Mortgage Collaborative Adds FullCircle Placements to Preferred Partner Network
SAN DIEGO, Calif. /ScoopCloud/ -- The Mortgage Collaborative (TMC), the nation's only independent mortgage cooperative, today announced the addition of FullCircle Placements to its Preferred Partner network. FullCircle will be the first mortgage-centric recruiting and placement service provider within TMC's network.
ReverseVision Names New CTO and VP of Operations to Senior Management Team
SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced it has added new Chief Technology Officer (CTO) Jim Magner and Vice President of Operations Stacey Lund to its senior management team.
Mortgage Automation Trailblazer Cloudvirga Hires Jim Portner as Chief Product Officer
IRVINE, Calif. /ScoopCloud/ -- Cloudvirga, developer of intelligent mortgage point-of-sale (POS) platforms, has hired Jim Portner as chief product officer. Portner will report to Cloudvirga CEO Michael Schreck and will oversee product strategy, development and marketing for the company's digital mortgage automation platforms.
OpenClose Adds AFR’s Flood Services to its LOS via Seamless Interface
WEST PALM BEACH, Fla. /ScoopCloud/ -- OpenClose, a multi-channel loan origination system (LOS) and mortgage software solutions provider, announced that it partnered with AFR Services to enable customers to access the company's complete suite of flood services. Using the interface makes it quick and easy to order AFR's various flood services directly from within OpenClose's LenderAssist LOS.
The Mortgage Collaborative Adds United Capital Markets to Preferred Partner Network
SAN DIEGO, Calif. /ScoopCloud/ -- The Mortgage Collaborative (TMC), the nation's only independent mortgage cooperative, today announced the addition of United Capital Markets, Inc. (UCM), the mortgage industry's leading outsource provider of dynamic MSR hedging. UCM will provide TMC Lender Members strategic advice to bank-owned and private mortgage companies focusing on MSR investment strategies, balance sheet optimization and the capital stack.
ARMCO Announces New Loan Data Validation Tools
POMPANO BEACH, Fla. /ScoopCloud/ -- ACES Risk Management (ARMCO), the leading provider of financial quality control and compliance software ACES Audit Technology(TM), has announced the release of a new technology for mortgage lenders and servicers that improves data validation in the QC process.
The Mortgage Collaborative Adds FundingShield to Preferred Partner Network
SAN DIEGO, Calif. /ScoopCloud/ -- The Mortgage Collaborative (TMC), the nation's only independent mortgage cooperative, today announced the addition of FundingShield to its Preferred Partner network. FundingShield offers TMC members a pair of loan level verification services to protect lenders by assuring closing funds go to verified bank accounts belonging to licensed and authorized parties. FundingShield provides actionable intelligence to lenders while other services may provide data that you have to interpret.
Docutech and Cloudvirga Partner to Help Loan Officers Work More Efficiently
IRVINE, Calif. /ScoopCloud/ -- Cloudvirga, developer of intelligent mortgage point-of-sale (POS) platforms, today announced a partnership with Docutech that will enable Cloudvirga's lender customers to work more efficiently, reduce the cost of document compliance and make the home loan experience more convenient for borrowers.
Waterstone Mortgage to Manage QC Audits Using TRK’s Insight RDM
SALT LAKE CITY, Utah /ScoopCloud/ -- TRK Connection, a leading provider of mortgage quality control and origination management solutions, announced today that Wisconsin-based Waterstone Mortgage Corporation has chosen the Insight Risk and Defect Management (RDM) platform to conduct its internal quality control (QC) audits.
Maxwell Closes New $3M Funding Round to Accelerate Pace of Mortgage Innovation
DENVER, Colo. /ScoopCloud/ -- Maxwell Financial Labs, Inc., a leading provider of B2B digital mortgage cloud software, announced today a new funding round of $3 million, led by the investment arm of Anthemis Group, a company committed to cultivating change in financial services, with participation from Route66 Ventures and Assurant Inc., along with its existing investors.
FormFree Provides Industry’s Most Complete Analysis of Borrower Ability to Pay with Data from Envestnet | Yodlee Risk Insight Solutions
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ATHENS, Ga. /ScoopCloud/ -- FormFree(R) today announced its expanded partnership with Envestnet | Yodlee (NYSE:ENV), a leading data aggregation and data analytics platform powering dynamic, cloud-based innovation for digital financial services. By leveraging Envestnet | Yodlee Risk Insight Solutions, FormFree will have access to new data points that help to reinforce its position as provider of the most complete and reliable asset, employment and income verification reports in the mortgage industry.
DocMagic Opens High-Tech Print Fulfillment Supercenter to Support Growth
TORRANCE, Calif. /ScoopCloud/ -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that it has opened a 12,000 square foot print fulfillment center minutes from its Torrance, California headquarters. DocMagic added the high tech "supercenter" to support lenders' growing need for secure, compliant paper documents as the mortgage industry transitions to a 100 percent digital mortgage process.
Cloudvirga’s Kyle Kamrooz Honored with HousingWire Vanguard Award for Mortgage Industry Leadership
IRVINE, Calif. /ScoopCloud/ -- Cloudvirga, Inc., the developer of intelligent mortgage point-of-sale (POS) platforms, has announced that its founder and COO Kyle Kamrooz is a winner of HousingWire's third annual Vanguard Awards for 2017. Kamrooz was recognized for company leadership as well as his substantial contributions to the mortgage industry at large.
DocMagic’s Jonathan Kearns Appointed to MISMO Residential Standards Governance Committee
TORRANCE, Calif. /ScoopCloud/ -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that Jonathan Kearns has been appointed to the Mortgage Industry Standards Maintenance Organization (MISMO) Residential Standards Governance Committee.
FormFree Appoints Housing Finance Authority Faith Schwartz to Board of Directors
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ATHENS, Ga. /ScoopCloud/ -- FormFree today announced that housing finance expert Faith Schwartz has been elected to its board of directors. Among the most influential leaders in the mortgage industry, Schwartz has played a firsthand role in shaping current housing finance best practices and public policy.
The Mortgage Collaborative Adds Loan Vision to Preferred Partner Network
SAN DIEGO, Calif. /ScoopCloud/ -- The Mortgage Collaborative, the nation's only independent mortgage cooperative, today announced the addition of Loan Vision, a mortgage industry-specific financial management and accounting software provider, to its preferred partner network, giving its Lender Members access to the industry's premier accounting software.
TRK Connection Hires David Pack as Product Manager
SALT LAKE CITY, Utah /ScoopCloud/ -- TRK Connection, a leading provider of mortgage quality control and origination management solutions, announced today that it has hired David Pack as product manager. In this role, Pack will be responsible for the delivery and support of TRK's market-leading solutions, including the Insight Risk & Defect Management (RDM) mortgage quality control (QC) auditing platform.
Cloudvirga Names Stephen DeSantis as Chief Financial Officer
IRVINE, Calif. /ScoopCloud/ -- Cloudvirga, developer of intelligent mortgage point-of-sale (POS) platforms, has appointed Steve DeSantis as its new chief financial officer. A seasoned technology finance executive, DeSantis will be responsible for driving Cloudvirga's financial strategies to accelerate its growth. He will report to Cloudvirga's recently appointed CEO Michael Schreck.
OpenClose Adds New Hires to its Software Development Team
WEST PALM BEACH, Fla. /ScoopCloud/ -- OpenClose, a multi-channel loan origination system (LOS) and mortgage software solutions provider, announced that it hired four senior developers to arm the company with additional resources to architect new products and enhance existing solutions.