Tag: Mortgage

FormFree to Host James Deitch Book Signing at 2018 MBA Annual Convention

ATHENS, Ga. /ScoopCloud/ — Automated verification provider FormFree(R) and co-sponsors LexisNexis Risk Solutions, LoanBeam, SingleSource and Teraverde will host a book signing and networking event featuring James Deitch, CPA, CMB, at the Mortgage Bankers Association’s Annual Convention and Expo being held October 14-17 in downtown Washington, D.C.

The Mortgage Collaborative Expands Benchmark, Collaboration Labs and Working Group Member Engagement Initiatives

SAN DIEGO, Calif. /ScoopCloud/ — The Mortgage Collaborative (TMC), the nation’s only independent mortgage cooperative, today announced that they have added and expanded upon several of their member benefits. With the continued growth of their national lender member network, TMC has increased the size and scope of their engagement programs to offer even more opportunities for their members to network and collaborate.

Simplifile Completes West Virginia’s First E-recording Transaction

PROVO, Utah /ScoopCloud/ — Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, today announced that it has facilitated the first e-recording transaction in the state of West Virginia. The transaction was completed on Friday, Aug. 24 in Monongalia County, W. Va., which is the first recording jurisdiction in the state to begin e-recording land documents.

FinKube, Plaid Offer Webinar on Digital Lending

DALLAS, Texas /ScoopCloud/ — FinKube, a company that provides AI-powered Platform-as-a-Service solutions for a range of industries, announced today that the company will offer a free webinar featuring Plaid Inc. – a financial technology platform that powers modern, digital financial services.

NEXT™ Mortgage Events Selects Advisory Board

EDMOND, Okla. /ScoopCloud/ — NEXT Mortgage Events LLC, a creator of events for women mortgage executives, has announced the selection of the NEXT Advisory Board, a group of eight top mortgage industry executives. NEXT Advisory Board members were selected to advise event organizers on content, assuring that all sessions continue to address the needs of women executives at mortgage lending institutions and GSEs.

DocMagic and NotaryCam Integrate to Eliminate Reliance on In-Person Notarizations for Paperless eClosings

NEWPORT BEACH, Calif. /ScoopCloud/ — DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, and NotaryCam(R), the leader in online notarization solutions, announced an integration that eliminates the need to wet-sign loan documents in the physical presence of a notary by allowing loan documents to be quickly and compliantly eNotarized online.

NotaryCam’s Rick Triola Named a Finalist for Orange County Business Journal’s ‘Innovator of the Year’ Award

NEWPORT BEACH, Calif. /ScoopCloud/ — NotaryCam(R), leader in online notarization and the original provider of mortgage eClosing solutions, today announced that Founder and CEO Rick Triola was named a finalist for the Orange County Business Journal’s ‘Innovator of the Year’ award. Triola’s accomplishment was celebrated at an awards luncheon held September 20 at Hotel Irvine.

Newest Mortgage Company on the Sunset Strip, Vantage Home Loans, launches and targets the Luxury Los Angeles Home Market

WEST HOLLYWOOD, Calif. /ScoopCloud/ — In today’s hyper competitive mortgage market with increasing competition from internet companies, Roger Mansourian has formed a new partnership and mortgage company – Vantage Home Loans – that specifically targets and caters to the creative financing needs of investors, small business owners, and luxury homeowners seeking a strong mortgage offering in California and Washington.

Simplifile Adds 29 Southeastern U.S. Counties to E-recording Network

PROVO, Utah /ScoopCloud/ — Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, today announced that 29 additional recording jurisdictions located in six states throughout the Southeastern U.S. have joined Simplifile’s e-recording network.

IDS Completes TRID 2.0 Updates to Mortgage Document Preparation Platform

SALT LAKE CITY, Utah /ScoopCloud/ — Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it has completed modifications to its flagship mortgage document preparation platform idsDoc related to TRID 2.0. Updates were also made to the LE/CD and Totals pages within idsDoc, as well as the 1003 and Construction Lending sections.

FormFree unveils NextGen at Digital Mortgage conference in Las Vegas

LAS VEGAS, Nev. /ScoopCloud/ — FormFree(R) today announced the release of NextGen, a new platform that builds on the company’s award-winning AccountChek(R) service. Unveiled from the main stage of Digital Mortgage 2018 in Las Vegas, NextGen increases the precision and ease with which lenders determine their borrowers’ ability to pay loans.

ARMCO Reduces Lender Data Validation Times by 50 Percent with DataSure

POMPANO BEACH, Fla. /ScoopCloud/ — ACES Risk Management (ARMCO), the leading provider of technology for loan quality and compliance testing, data validation and analytics, announced the launch of DataSure(TM), a quality control technology that increases data validation accuracy and efficiency, and reduces lenders’ data validation task times by 50 percent or more.

SafeChain to Integrate ALTA Registry into Its Real Estate Wire Fraud Prevention Platform SafeWire

COLUMBUS, Ohio /ScoopCloud/ — SafeChain, the industry leader in wire fraud prevention software for land title, announced today that it will integrate the national ALTA Registry into its real estate wire fraud prevention platform SafeWire. Through the integration, mortgage lenders will be able to search the Registry and verify the identity of title insurance agents and settlement companies, providing an enhanced level of efficiency and security to the real estate transaction.

MQMR: Mortgage Industry Margin Compression Calls for Fixed-Cost Approach to Compliance Support

LOS ANGELES, Calif. /ScoopCloud/ — Mortgage Quality Management and Research, LLC (MQMR) President Michael Steer today advised lenders to adopt a fixed-cost approach to compliance support in the face of margin compression and declining per-loan profits. By investing in a fixed-cost solution for compliance, lenders can better manage their monthly expenses while ensuring they remain compliant, thus avoiding potential financial penalties associated with non-compliance.

San Diego Business Journal Honors Mortgage Capital Trading’s Natalie Arshakian with 2018 ‘Next Top Business Leaders Under 40’ Award

SAN DIEGO, Calif. /ScoopCloud/ — Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that the San Diego Business Journal (SDBJ) named its employee Natalie Arshakian to the 2018 ‘Next Top Business Leaders Under 40’ list. The award program recognizes dynamic, young business leaders and role models who have significantly contributed to San Diego’s business climate and the community.

MorVest Capital Offering $1.8B in GNMA Mortgage Servicing Rights

SUGAR LAND, Texas /ScoopCloud/ — MorVest Capital, an industry leader in liquidity and balance sheet advisory services, is the exclusive agent for a $1.8 billion GNMA bulk mortgage servicing portfolio. The seller is an independent mortgage banker providing full reps and warrants. Portfolio characteristics include a 3.45 percent weighted average interest rate,

American Financial Network Deploys Cloudvirga Digital Mortgage Technology Nationwide

IRVINE, Calif. /ScoopCloud/ — Cloudvirga(TM), a leading provider of digital mortgage software, today announced the deployment of its Cloudvirga Enterprise POS to all 100 branch locations of American Financial Network (AFN), a privately held mortgage company that employs over 750 loan officers and serves tens of thousands of customers nationwide.

Lisa Birmingham of LBA Ware Wins 2018 HousingWire Insiders Award

MACON, Ga. /ScoopCloud/ — LBA Ware(TM), a leading provider of automated compensation software and systems integration solutions for mortgage lenders, announced that DevOps Manager Lisa Birmingham has been named a 2018 Insiders Award(TM) recipient by HousingWire (HW) magazine.

MQMR’s Steven Sinn Wins 2018 HousingWire Insiders Award

LOS ANGELES, Calif. /ScoopCloud/ — Mortgage Quality Management and Research, LLC (MQMR), a leader in mortgage risk management and compliance services, today announced that director of administration Steven Sinn has been named a 2018 Insiders Award(TM) honoree by HousingWire (HW) magazine.