Tag Archives: Profundity PR

Mortgage Capital Trading Bolsters Executive Management Team with Addition of Leslie Winick as Chief Strategy Officer

SAN DIEGO, Calif. /ScoopCloud/ -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that Leslie Winick has joined the company as Chief Strategy Officer (CSO). In this newly created position, Ms. Winick will play an integral role in helping MCT hone its strategic direction, further increase market share, manage rapid growth, and delight clients.

Ms. Winick has a rich background in management consulting, organizational leadership, strategy development, and guiding large-scale enterprise projects, as well as possesses a wide range of business expertise in each functional area within a company.

"Leslie is a talented and accomplished business leader who has a long-standing track record of taking organizations to the next level," stated Curtis Richins, president of MCT. "We've been working with Leslie for several years now on a consulting basis and are elated to engage with her on a more official level that makes her part of the day-to-day management activities."

From agile start-ups to global industry standouts, Ms. Winick has guided cross-functional teams responsible for strategic planning, process design and improvement, product lifecycle management, and new business formation within the financial services, software, telecommunications, life sciences, manufacturing, energy, and transportation sectors. She has designed and delivered high-impact, business critical projects across the U.S., Europe, and Asia.

Ms. Winick originally partnered with MCT as Managing Partner and Co-founder of SimpatiCo Consulting, a boutique firm serving Fortune 1000 and Fast 500 clients. She has also been a Managing Consultant within Gemini Consulting's strategy discipline. She began her career at J.P. Morgan & Company, first as an internal consultant and later as a fixed-income research analyst covering investment grade sovereign entities and the U.S. government-sponsored enterprises (GSEs).

"Not only does MCT provide the gold standard in advisory services and cutting-edge, supporting technology to the mortgage industry, but at the heart of the company is a clients-first mentality. Customer focus has been a driving theme throughout my career, and it's one of the reasons I wanted to join MCT more formally - it's in the company DNA. I'm thrilled to officially become a family member."

In her new role, Ms. Winick is responsible for charting MCT's long-term strategic path, as well as overseeing critical initiatives in pursuit of company goals. She is also on-point for forging relationships with influential and innovative industry participants.

"MCT has experienced unprecedented growth over the past several years, and our intent is to continue to increase share by supporting clients as they navigate the uncertainty of market dynamics, rapid technology advances, government regulation, and consolidation. It's our vision of the future, unbelievably talented team members, and our ability to bring complementary partners into our ecosystem that allows MCT to be the calm in the storm," stated Winick.

About MCT:

Founded in 2001, Mortgage Capital Trading, Inc. (MCT) has grown from a boutique mortgage pipeline hedging firm into the industry's leading provider of fully-integrated capital markets services and technology. MCT offers an array of best-in-class services and software covering mortgage pipeline hedging, best execution loan sales, outsourced lock desk solutions, MSR portfolio valuations, business intelligence analytics, mark to market services, and an award-winning comprehensive capital markets software platform called MCTlive!.

MCT supports independent mortgage bankers, depositories, credit unions, warehouse lenders, and correspondent investors of all sizes. Headquartered in San Diego, MCT also has California offices in Healdsburg and Los Angeles, as well as sites in Dallas and Philadelphia. MCT is well known for its team of capital markets experts and senior traders who continue to provide the boutique-style, hands-on engagement clients value. For more information, visit https://mct-trading.com/ or call (619) 543-5111.

Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that Leslie Winick has joined the company as Chief Strategy Officer (CSO). In this newly created position, Ms. Winick will play an integral role in helping MCT hone its strategic direction, further increase market share, manage rapid growth, and delight clients.

Related link: https://mct-trading.com/

OpenClose Bolsters Sales Team with Addition of Mortgage Software Veteran Tom Buenz

WEST PALM BEACH, Fla. /ScoopCloud/ -- OpenClose(R), an industry-leading multi-channel loan origination system (LOS) and digital mortgage fintech provider, announced that Tom Buenz has joined the company in the position of vice president, enterprise sales. In this role, Mr. Buenz will help satisfy an increasing demand for OpenClose's LOS, digital mortgage point-of-sale (POS) solution and ancillary software products.

Mr. Buenz is a results-generating sales professional who has more than 20 years of experience executing sales, managing accounts and accelerating new business development. He has a proven history of exceeding goals and stimulating revenue growth.

Mr. Buenz comes to OpenClose from Ellie Mae where he was a strategic account executive selling to a wide range of lending entities. Before that, he was a senior sales executive at Finastra (formerly D+H Mortgagebot) where he was very successful in helping expand his territory with LOS and POS technology. In addition, Mr. Buenz has software sales experience in the credit union space and other areas of financial services technology.

"We are pleased to welcome Tom to the OpenClose sales team. His extensive knowledge of mortgage technology and in particular LOS and POS software makes him an excellent fit to present the unique value proposition behind our digital mortgage software solutions," said Vince Furey, CRO at OpenClose. "Given our leader position in the marketplace and the innovative, high-demand solutions we provide, there has never been a more exciting time to be at OpenClose."

OpenClose is rolling out a new digital POS that dramatically broadens its reach and ability to penetrate the digital mortgage ecosystem. Coupled with its end-to-end, multi-channel LOS that is completely browser-based, the company is in a powerful position to provide lenders with a single-source solution and vendor for their POS and LOS needs. The company has also been accelerating integrations with disparate systems using its cost effective RESTful API Suite, IntegrationAssist(TM).

Notable is that OpenClose's LOS platform, POS system, PPE and customer service levels received exceptionally high scores in the STRATMOR Group's latest 'Technology Insight Study.'

About OpenClose:

Founded in 1999 and headquartered in West Palm Beach, Florida, OpenClose(R) is a leading enterprise-class, multi-channel loan origination system (LOS), POS digital mortgage and fintech provider that cost effectively delivers its digital platform on a software-as-a-service (SaaS) basis. The company provides a variety of innovative, 100 percent web-based solutions for lenders, banks, credit unions, and conduit aggregators. OpenClose's core solution, LenderAssist(TM), is comprehensive loan origination software that is completely engineered by OpenClose using the same code base from the ground up. The company offers a RESTful API suite that standardizes system-to-system integrations, making them easier to develop, quicker to implement and more cost effective. OpenClose provides lending organizations with full control of their data and creates a truly seamless workflow for complete automation and compliance adherence.

For more information, visit https://www.openclose.com/ or call (561) 655-6418.

OpenClose(R), an industry-leading multi-channel loan origination system (LOS) and digital mortgage fintech provider, announced that Tom Buenz has joined the company in the position of vice president, enterprise sales. In this role, Mr. Buenz will help satisfy an increasing demand for OpenClose's LOS, digital mortgage point-of-sale (POS) solution and ancillary software products.

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

MCT Reorganizes Sales Processes, Expands National Sales Team, and Forms Customer Success Group

SAN DIEGO, Calif. /ScoopCloud/ -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, today announced it has restructured the company's internal sales processes, bolstered the sales team, and launched a Customer Success Group (CSG). Implementation of the changes pave the way for significant growth as the company continues innovating, launching new products and services, and on-boarding clients.

MCT's national sales team will continue to cover the entire country via structured territories but will now arm salespeople with the ability to introduce additional solutions, services and software to lenders. Tom Farmer, Managing Director at MCT, who is an accomplished business development and marketing executive, has assumed the role of Managing Director of National Sales, taking over for industry veteran Bill Wooten after recently retiring as Managing Director emeritus. Tom's solution-oriented approach to sales management and business strategy have already yielded tangible results since assuming the role full-time.

"I am proud to take over the reins of this accomplished sales operation," said Mr. Farmer. "I look forward to upholding and expanding upon the impressive record of customer service and growth the MCT sales team has seen under Bill Wooten's leadership."

In addition to new leadership, MCT has organized national sales coverage into six regional territories. Anthony Ianni and Rhiannon Bolen have assumed the roles of Northwest and South Regional Sales Director, respectively. They join MCT veterans Rhonda Beck, Southeast Sr. Regional Sales Director; Danyel Shipley, West Regional Sales Director; Joel Dulmage, Midwest Regional Sales Director; and Cara Krause, Northeast Regional Sales Director.

Details on MCT sales territories and contacts can be found on the MCT website contact page: https://mct-trading.com/contact/.

Integral to the update of company-wide sales processes is the addition of a new Customer Success Group that is 100 percent focused on ensuring new customers are as successful as possible during the on-boarding stage and post ramp up with respective MCT support teams. This newly formed group will be run by Director of MCTlive! Deployment Paul Yarbrough, who will focus on establishing consistent customer touch points, open communications, provide efficiency tools, and intimate support levels in order to deliver the best possible customer experience. Maximizing the success and performance optimization of MCT clients in every way possible is the founding mission and chief priority for the CSG to move MCT forward.

"It is hands down the most exciting, successful time that MCT has ever experienced since being founded back in 2001," said Curtis Richins, President of MCT. "As a company, we've gone through so many monumental positive changes over the years, grown tremendously, hit major milestones, and had an immeasurable impact in moving the mortgage industry forward with secondary marketing advancements. The updates we are making to our sales organizations are all extremely favorable and designed to enable us to grow at a healthy, controlled rate while continuing to deliver the best-in-class service that is core to MCT's DNA. MCT has entered a new chapter and the future is incredibly bright."

About MCT:
Founded in 2001, Mortgage Capital Trading, Inc. (MCT) has grown from a boutique mortgage pipeline hedging firm into the industry's leading provider of fully-integrated capital markets services and technology. MCT offers an array of best-in-class services and software covering mortgage pipeline hedging, best execution loan sales, outsourced lock desk solutions, MSR portfolio valuations, business intelligence analytics, mark to market services, and an award-winning comprehensive capital markets software platform called MCTlive!

MCT supports independent mortgage bankers, depositories, credit unions, warehouse lenders, and correspondent investors of all sizes. Headquartered in San Diego, California, MCT also has offices in Philadelphia, Santa Rosa, Los Angeles and Dallas. MCT is well known for its team of capital markets experts and senior traders who continue to provide the boutique-style hands-on engagement clients love.

For more information, visit https://mct-trading.com/ or call (619) 543-5111.

Twitter: #MortgageCapitalTrading #MCT #MortgageHedgeAdvisory #SecondaryMarketingSoftware #CustomerSuccessGroup

Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, today announced it has restructured the company's internal sales processes, bolstered the sales team, and launched a Customer Success Group (CSG). Implementation of the changes pave the way for significant growth as the company continues innovating, launching new products and services, and on-boarding clients.

Related link: https://mct-trading.com/

Texas Mortgage Bankers Association Releases Details for the 103rd Annual Convention

AUSTIN, Texas /ScoopCloud/ -- The Texas Mortgage Bankers Association (TMBA) announced the agenda for its annual convention to be held on April 28 - 30, 2019 in San Antonio at the Marriott Rivercenter hotel. More than 1,000 industry participants are expected to at attend, which consists of comedian Dennis Miller as the keynote address, a list of preeminent speakers, educational tracks, networking opportunities, trending insights and a diverse mix of exhibitors.

The three-day conference will address topics such as the agency of the future, culture driving efficiencies, mergers & acquisitions, outsourcing, production, the economic outlook, an analysis of the data behind efficient and profitable mortgage companies, and more. Throughout the conference, attendees can participate in fun filled activities ranging from a casino party, golf tournament, scavenger hunt, multiple networking events, social mixers and parties.

"Given the current challenges facing our industry, it is critically important to engage trusted peers and leading experts to discuss strategies for weathering any storm that may develop - including cutting costs, leveraging culture to drive efficiencies, recruiting and retaining top performers, and much more," says Paulina S. McGrath, President of TMBA. "On top of these productive networking opportunities, you simply will not want to miss hearing the wit and wisdom of the amazing Dennis Miller."

Speakers & Schedule:
* A complete list along with biographical descriptions of this year's keynote speakers and panelists can be found here: https://www.texasmba.org/convention/speakers.asp
* An overview the daily conference schedule is outlined here: https://www.texasmba.org/convention/docs/schedule.pdf

Event Details:
* Location: Marriott Rivercenter in San Antonio, Texas
* Dates: April 28 - 30, 2019
* Registration: https://www.texasmba.org/convention/register.asp

To learn more about the event visit, https://www.texasmba.org/convention, call 800-648-4462 or email info@texasmba.org.

About TMBA:
Founded in 1917, the Texas Mortgage Bankers Association (TMBA) has provided leadership, legislative advocacy, and education to the real estate finance industry. We promote fair and ethical lending practices among real estate finance professionals through a wide range of programs. As the oldest and largest statewide MBA, our mission is to advance Texas mortgage banking and serve the mutual interests of our members who support Texas' annual $100-plus billion mortgage market.

For more information, please contact the TMBA office at 512-480-8622 or visit our website at https://www.texasmba.org/.

The Texas Mortgage Bankers Association (TMBA) announced the agenda for its annual convention to be held on April 28 - 30, 2019 in San Antonio at the Marriott Rivercenter hotel. More than 1,000 industry participants are expected to at attend, which consists of comedian Dennis Miller as the keynote address, a list of preeminent speakers, educational tracks, networking opportunities, trending insights and a diverse mix of exhibitors.

Related link: https://www.texasmba.org/

DocMagic Earns a Spot on the HW TECH100 For the Sixth Straight Year

TORRANCE, Calif. /ScoopCloud/ -- DocMagic, Inc., the premier provider of dynamic loan document preparation, automated regulatory compliance and comprehensive eMortgage solutions, announced that HousingWire has honored the company with the HW TECH100(TM) award for the sixth year in a row.

Since launching the Tech 100 awards in 2014, HousingWire has been recognizing the companies that continue to push the edge of innovation and move markets forward. From startups to technology giants, the award focuses on a wide range of organizations in the U.S. housing economy, spanning real estate, mortgage lending, mortgage servicing and investments.

HousingWire named DocMagic an early winner, crediting the company's suite of interconnected digital solutions with streamlining communication, collaboration and the compliant exchange of data in real-time throughout the lending process. DocMagic's solutions benefit entities across the digital mortgage ecosystem, enabling seamless connectivity between borrowers, originators, lenders, warehouse lenders, custodians, settlement providers, investors, servicers, GSEs and other relevant parties.

"Innovation is a core pillar across our organization. It's important to us that we consistently deliver proven technology solutions that move the mortgage industry towards a paperless digital mortgage process," says Jonathan Kearns, SVP of technology solutions at DocMagic.

"At the same time, we will always provide our customers with tools to keep them compliant. We believe our proven, single-source, end-to-end digital mortgage solution offer some of the most innovative and impactful technology within the housing industry and we're thrilled that DocMagic's ongoing efforts were recognized by HousingWire with a 2019 HW TECH100 award."

About DocMagic:
DocMagic, Inc. is the leading provider of fully-compliant loan document preparation, compliance, eSign, eDelivery and eMortgage solutions for the mortgage industry. Founded in 1987 and headquartered in Torrance, Calif., DocMagic, Inc. develops software, mobile apps, processes and web-based systems for the production and delivery of compliant loan document packages. The company's compliance experts and in-house legal staff consistently monitor legal and regulatory changes at both the federal and state levels to ensure accuracy. For more information on DocMagic, visit https://www.docmagic.com/.

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 https://www.housingwire.com/.

DocMagic, Inc., the premier provider of dynamic loan document preparation, automated regulatory compliance and comprehensive eMortgage solutions, announced that HousingWire has honored the company with the HW TECH100(tm) award for the sixth year in a row.

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

Global DMS Launches SnapVal to Provide Instant, Accurate, Guaranteed Appraisal Pricing Early on in the Origination Process

DALLAS, Texas /ScoopCloud/ -- MBA's Technology Solutions Conference & Expo -- Global DMS, a leading provider of cloud-based valuation management software, today announced the official rollout of SnapVal(TM), an automated solution that utilizes the property address to return a guaranteed price on any residential appraisal in the U.S.

Under the TILA-RESPA Integrated Disclosure (TRID) rule, lenders are bound by the fees represented on the Loan Estimate (LE). Unlike static fees, appraisals are a variable cost that lenders constantly struggle to ensure pricing accuracy. If there is any change to the appraisal fee, TRID dictates that a revised LE must be issued to the consumer. This requirement, coupled with strong lender motivation to complete deals and close on time, often results in the lender absorbing appraisal fee discrepancies or scrambling to quickly re-issue the LE.

"We identified a need in the marketplace to address a common problem that lenders are regularly challenged with in providing accurate appraisal quotes and then ensuring pricing on the Loan Estimate is consistent and compliant," stated Vladimir Bien-Aime, president and CEO at Global DMS.

"Lenders that have a digital mortgage strategy in place to receive, and in turn disclose accurate appraisal fees on the LE at first issuance will be a step ahead of competitors that haven't reconciled their workflows in this unforgiving zero-tolerance environment. SnapVal is a piece of technology that lenders currently lack from their digital mortgage strategies. By leveraging SnapVal, they will save time and money, as well as increase their pull-through rates while elevating the borrower experience."

SnapVal integrates seamlessly with loan origination systems (LOS), digital mortgage point-of-sale (POS) systems, borrower-facing web portals and propriety lending or servicing platforms. Global DMS provides a configurable RESTful API web service that facilitates swift and cost-effective integrations.

SnapVal allows lenders to easily automate the insertion of the appraisal fee into the LE, expedite payment, and enable real-time ordering of appraisals from directly from within their software system of choice. Lenders have several options to configure appraisal pricing including the lowest price provider, percentage allocation, or round-robin distribution. This helps hone pricing accuracy by taking into account key factors including region, appraiser availability, experience, and more. As a result, appraisal pricing guesswork is removed and replaced with automation accuracy.

Bien-Aime adds, "Until now, lenders haven't had a viable option to receive an accurate appraisal cost upfront - before an order is placed. SnapVal allows lenders to get a guaranteed quote that will always be correct and will never have to be re-disclosed."

Global DMS will be attending the MBA's Technology Solutions Conference & Expo 2019 from March 24 - 27 in Dallas at the Hyatt Regency. To learn more, contact the company to arrange a discussion time at the show productinfo@globaldms.com.

About Global DMS:

Founded in 1999 and headquartered in Lansdale, Pennsylvania, Global DMS is a leading provider of cloud-based commercial and residential real estate valuation solutions catering to lenders, servicers, AMCs, appraisers and other real estate entities. The company's solution set is cost effectively delivered on a software-as-a-service (SaaS) transactional basis that ensures compliance adherence, reduces costs, increases efficiencies and expedites the entire real estate appraisal process.

The company's solutions include its new EVO-Commercial(TM) (EVO-C) for commercial lending, eTrac(R) valuation management platform for residential lending, SnapVal(TM) appraisal pricing solution, eTrac WebForms, Global Kinex(R), AVMs, the MISMO Appraisal Review System (MARS(R)), AMC State Regulations, ATOM (Appraisal Tracking on Mobile) and AMCmatch.com. For more information, visit the company's web site http://www.globaldms.com/ or call (877) 866-2747.

MBA's Technology Solutions Conference & Expo: Global DMS, a leading provider of cloud-based valuation management software, today announced the official rollout of SnapVal(TM), an automated solution that utilizes the property address to return a guaranteed price on any residential appraisal in the U.S.

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

NotaryCam-DocMagic Integration Delivers Remote Online Notarization, eClosing Capabilities for Mid America Mortgage

NEWPORT BEACH, Calif. /ScoopCloud/ -- NotaryCam(R), the leader in online notarization solutions, today announced that eMortgage pioneer Mid America Mortgage is now using the firm's integration with DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, to conduct remote online notarizations (RONs) through DocMagic's Total eClose(TM) platform. Mid America will leverage the integration throughout its retail, correspondent and wholesale channels.

"Since 2016, Mid America's strategy has been 'digital first.' As a result, we have been able to condense our application-to-closing time down to just two weeks and our closing ceremony to 30 minutes or less with our digital mortgage product Click n' Close," said Mid America Owner and CEO Jeff Bode. "RON allows us to double down on our closing efficiency while also providing additional convenience to our customers. The addition of NotaryCam's remote notary services through our established eClosing partner DocMagic enables us to extend the value we've experienced to date through our digital mortgage strategy."

To date, NotaryCam has conducted more than 160,000 RON transactions for individuals located in all 50 states and 90 countries. Thanks to RON bills that have been passed by multiple states, Texas included, NotaryCam's team of highly trained and experienced notaries are able to remotely eNotarize mortgage loan documents or other paperwork for individuals across the country using NotaryCam's secure, easy-to-use platform. The system does not restrict the number of participants that can join a RON ceremony, allowing all relevant parties to participate in the transaction.

"Until recently, mortgage closings still required participants to physically congregate in a single location to complete the transaction. Today, RON enables lenders and settlement agents to eliminate the closing table without losing the personal connection of the closing ceremony," said NotaryCam Founder and CEO Rick Triola. "The value of the convenience that RON provides cannot be overstated, and it would behoove mortgage and settlement professionals to incorporate RON into their existing closing process."

Total eClose is DocMagic's comprehensive end-to-end eClosing solution. The integration with NotaryCam, which was first announced in September 2018, allows Mid America Mortgage and Click n' Close to eNotarize documents remotely using NotaryCam's RON service, eliminating the need for home buyers and sellers to physically appear before a notary to wet-sign loan documents.

"We continue to focus on implementing seamless digital closing solutions for our customers," stated Dominic Iannitti, president and CEO of DocMagic. "Mid America's accelerated processes highlight the benefits DocMagic delivers for both lenders and borrowers. The added efficiency of NotaryCam's RON solution is the logical next step and a key component to achieving 100% paperless eClosing transactions."

About NotaryCam:

After pioneering the world's first multi-party/multi-state remote online notarization (RON), career real estate executive Rick Triola founded NotaryCam and completed the first mortgage remote online closing (ROC) in 2014. Today, NotaryCam is the leader in online notarization and mortgage eClosing solutions, having notarized documents worldwide for hundreds of thousands of customers in all 50 states and over 90 countries. The company's patented eClose360(R) platform delivers the "perfect" online mortgage closing in every jurisdiction with a flexible workflow for document recording and unparalleled identity verification, security and customer convenience. NotaryCam also proudly maintains an industry-leading 99.8 percent customer satisfaction rating.

Visit https://www.notarycam.com for additional information or to get a document notarized today.

About DocMagic:

DocMagic, Inc. is the leading provider of fully-compliant loan document preparation, compliance, eSign, eDelivery and eMortgage solutions for the mortgage industry. Founded in 1987 and headquartered in Torrance, Calif., DocMagic, Inc. develops software, mobile apps, processes and web-based systems for the production and delivery of compliant loan document packages. The company's compliance experts and in-house legal staff consistently monitor legal and regulatory changes at both the federal and state levels to ensure accuracy. For more information on DocMagic, visit https://www.docmagic.com/.

About Mid America Mortgage, Inc.:

Mid America Mortgage, Inc., Addison, Texas, is a multi-state, full-service mortgage lender serving consumers and mortgage originators through its retail, wholesale and correspondent channels. We offer a wide range of residential home loan programs to meet the needs of most home buyers and homeowners and are also the nation's leading provider of Section 184 home loans for Native Americans. Learn more at https://www.midamericamortgage.com/.

In operation since 1940, Mid America has thrived by retaining its entrepreneurial spirit and leading the market in innovation, including its adoption of eClosings eNotes. Click n' Close is Mid America's ultra-secure, digital mortgage approval and closing process that gets home buyers from application to closing within two weeks. With just a few clicks at closing, Click n' Close puts keys in the home buyer's hand in 15 minutes or less. Apply online at https://clicknclose.com.

Mid America is looking for tech-savvy, service-oriented mortgage professionals to join its growing team. We are dedicated to providing our employees with industry-leading tools and technology to deliver a great package of competitive pricing, programs and knowledgeable service. Want to join our team? Visit http://www.midamericamortgage.com/careers/.

Twitter: @NotaryCam @DocMagic @midamericamtge @Click_n_Close #docmagic #totaleclose #emortgage #eclosing #MBATech19

NotaryCam, the leader in online notarization solutions, today announced that eMortgage pioneer Mid America Mortgage is now using the firm's integration with DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, to conduct remote online notarizations (RONs) through DocMagic's Total eClose platform.

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

OpenClose Extends its Digital Mortgage Ecosystem with New POS Offering – ConsumerAssist Digital POS

WEST PALM BEACH, Fla. /ScoopCloud/ -- OpenClose(R), an industry-leading multi-channel loan origination system (LOS) and mortgage fintech provider, announced that it is has scheduled a May release for the official rollout of its much anticipated digital mortgage point-of-sale (POS) solution, ConsumerAssist(tm) Digital POS. This new integrated solution is a unique offering that combines a proven and mature 100 percent browser-based end-to-end LOS and PPE with new state-of-the-art dynamic digital mortgage POS technology.

As a single source vendor for digital POS, LOS, PPE and Business Intelligence, OpenClose is able to slash the loan manufacturing cost and complexity by eliminating the need to cobble together disparate systems with different SLAs, contracts and pricing models.

The self-service POS capabilities that ConsumerAssist Digital POS provides are state-of-the-art and feature rich. Lenders can now automate and organize numerous tasks that would normally be performed in the back-office via the LOS, and push them closer to borrowers earlier in the origination process. As a result, workflow efficiencies increase, the lending process is sped up, costs are reduced and new business is captured at a higher rate and lower cost.

"We feel that lenders leveraging the efficiencies of a single consolidated platform will be able to most effectively sustain and increase profitability in an environment with more competition for fewer loans and tighter margins," says JP Kelly, president of OpenClose.

Jason Regalbuto, CEO / CTO of OpenClose, adds: "Borrowers today and in the future are expecting streamlined experiences with extreme ease of use and automation like Amazon and Uber offer. Mortgage origination and lending involve very complex processes. We think with ConsumerAssist Digital POS, we have significantly reimagined these processes and workflows for the future and the expectations that borrowers have. We've effectively closed the loop between POS and LOS."

Key feature & benefits of OpenClose's new digital POS and LOS platform:

* Consumer-facing website can be customized to reflect the lender's own branding
* Elegant, intuitive screens and wizards swiftly walks borrowers through the entire application process
* Instant Verification of Employment (VOE)
* Instant Verification of Income (VOI)
* Instant Verification of Assets (VOA)
* Instant Verification of Tax Returns
* Automated loan conditioning
* Secure document capture and tracking
* Real-time messaging between borrower, loan officer and other relevant parties
* Activities calendar monitors when tasks are due and auto-sends email reminders and/or text notifications
* Affinity portal connects realtor, builder and settlement partners to the manufacturing process
* Ability to access the system on any mobile device or tablet.

OpenClose is incorporating into ConsumerAssist Digital POS their DecisionAssist(tm) product and pricing engine, automated underwriting capability, fee calculation engine and more.

OpenClose also offers ConsumerAssist(tm) Web which helps establish a consumer direct lending channel by developing websites that engage borrowers with tools to perform much of the application and loan qualification process themselves without involving a salesperson. ConsumerAssist Web can be combined with ConsumerAssist Digital POS, together dubbed ConsumerAssist(tm) Enterprise, to offer comprehensive self-service technology that manages the bulk of the origination process for lenders.

OpenClose recently announced the availability of a robust RESTful API Suite that the company developed to enable quick system-to-system integrations, seamless data exchange and execution of transactions. In addition to making integrations easier to complete, it further lowers lender costs, which is a key focus of OpenClose as their customers operate in a margin compressed business climate.

The company will be exhibiting in booth 800 at the MBA's Technology Solutions Conference & Expo 2019 from March 24 - 27 in Dallas at the Hyatt Regency. To learn more, visit the booth or contact the company to arrange a meeting time: sales@openclose.com.

About OpenClose:
Founded in 1999 and headquartered in West Palm Beach, Florida, OpenClose(R) is a leading enterprise-class, multi-channel loan origination system (LOS), POS digital mortgage and fintech provider that cost effectively delivers its digital platform on a software-as-a-service (SaaS) basis. The company provides a variety of innovative, 100 percent web-based solutions for lenders, banks, credit unions, and conduit aggregators. OpenClose's core solution, LenderAssist(tm), is comprehensive loan origination software that is completely engineered by OpenClose using the same code base from the ground up.

The company offers a RESTful API suite that standardizes system-to-system integrations, making them easier to develop, quicker to implement and more cost effective. OpenClose provides lending organizations with full control of their data and creates a truly seamless workflow for complete automation and compliance adherence. For more information, visit https://www.openclose.com/ or call (561) 655-6418.

OpenClose(R), an industry-leading multi-channel loan origination system (LOS) and mortgage fintech provider, announced that it is has scheduled a May release for the official rollout of its much anticipated digital mortgage point-of-sale (POS) solution, ConsumerAssist(TM) Digital POS.

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

MCT’s CMO Ian Miller Designated a 2019 ‘Top 40 Most Influential Mortgage Professionals Under 40’ by NMP Magazine

SAN DIEGO, Calif. /ScoopCloud/ -- Mortgage Capital Trading, Inc. (MCT) a leading mortgage hedge advisory and secondary marketing software firm, announced that its Chief Marketing Officer, Ian Miller, was recognized by National Mortgage Professional Magazine's (NMP) for his industry accomplishments, landing him on the 2019 'Top 40 Most Influential Mortgage Professionals Under 40' list.

The list is comprised of mortgage professionals that are under the age of 40, as voted by their peers, who are accomplished individuals that carry the torch of professionalism, perseverance, leadership, excellence, and more - in their respective fields within the fast-moving mortgage industry. As with each year, NMP received many nominations, naming 40 official winners and identifying another 40 to watch that are mortgage professionals shaping the industry.

Since officially joining MCT, Ian has generated high-impact marketing results, playing a lead role in creating ongoing awareness about the company, its services, and its technology solutions. During a time of explosive growth and organizational transformation, he helped MCT re-define its messaging and positioning, significantly strengthen the brand, unify sales and marketing, and execute strategic marketing initiatives producing stellar results.

"With so many people doing incredible things in the mortgage space during this time of rapid technological transition, I am flattered to be named to this list of young industry leaders making a difference," stated Miller. "I'm very grateful for the support of my dedicated marketing staff, my fellow executives, our excellent sales team, MCT's outstanding group of traders, and to NMP magazine for recognizing my efforts."

Throughout 2018, Ian was instrumental in the go-to-market launches for multiple technology solutions, including Bid Auction Manager (BAM) whole loan trading platform, MSRlive! mortgage servicing rights software, MCTlive! Rapid Commit, White-Label Rate Sheet Services, and Tri-Party Agreement automation for bid tape assignment-of-trade (AOT) transactions.

Since founding MCT's in-house marketing department in 2017, Ian has made it his mission to increase industry knowledge about the secondary market through educational articles, whitepapers, and events. Some recent favorites include "What Caused the Lender Profit Margin Compression?" by

Bill Berliner, "New Bid Tape AOT Executions Explained" with Phil Rasori, and the "Late Lunch with Rob Chrisman" live video stream. With a packed calendar of educational material and technology innovation ahead, join the email list for the latest from the MCT Newsroom.

Ian regularly attends Mortgage Bankers Association (MBA) trade shows, state-based MBA conferences and regional mortgage events, and is key to executing MCT's well-attended annual user conference, MCT Exchange.

A complete list of the 2019 winners is displayed in the January issue of the publication. A digital version of the article can also be found on NMP's website.

About MCT:
Founded in 2001, Mortgage Capital Trading, Inc. (MCT) has grown from a boutique mortgage pipeline hedging firm into the industry's leading provider of fully-integrated capital markets services and technology. MCT offers an array of best-in-class services and software covering mortgage pipeline hedging, best execution loan sales, outsourced lock desk solutions, MSR portfolio valuations,business intelligence analytics, mark to market services, rate sheet generation services, and an award-winning comprehensive capital markets software platform called MCTlive! MCT supports independent mortgage bankers, depositories, credit unions, warehouse lenders, and correspondent investors of all sizes. Headquartered in San Diego, California, MCT also has offices in Philadelphia, Santa Rosa, Los Angeles and Dallas. MCT is well known for its team of decorated capital markets experts and senior traders who continue to provide the boutique-style hands-on engagements clients love. For more information, visit https://mct-trading.com/ or call (619) 543-5111.

About NMP:
National Mortgage Professional Magazine (NMP) has become "The Source for Top Originators" - that connects the mortgage professional community under various media formats. Our exceptional team of industry-seasoned monthly contributors combined with our knowledgeable editorial staff, all with meaningful expertise in their respectful disciplines, provide the most up-to-date news, insight and advice for today's mortgage professional. We are committed to ensuring that today's industry is equipped with the most comprehensive understanding of mortgage news available through our many resources, including, but not limited to, articles in the print edition of National Mortgage Professional Magazine and 38 state-specific e-editions, the NMP Daily and NMP Ticker email newsletters, the exclusive daily news stories and postings on our website https://nationalmortgageprofessional.com, and our regular series.

The publication also owns and operates the Mortgage News Network (MNN), a video news source that provides mortgage firms with a resource for news and information as well as a platform for telling their story and sharing their views directly, and in person. https://mortgagenewsnetwork.com/.

Mortgage Capital Trading, Inc. (MCT) a leading mortgage hedge advisory and secondary marketing software firm, announced that its Chief Marketing Officer, Ian Miller, was recognized by National Mortgage Professional Magazine's (NMP) for his industry accomplishments, landing him on the 2019 'Top 40 Most Influential Mortgage Professionals Under 40' list.

Related link: https://mct-trading.com/

OpenClose LOS Platform, POS System and PPE Receives the Highest Overall Satisfaction and Lender Loyalty Score in STRATMOR’s New ‘Technology Insight Study’

WEST PALM BEACH, Fla. /ScoopCloud/ -- OpenClose(R), an industry-leading multi-channel loan origination system (LOS) and digital mortgage fintech provider, announced that STRATMOR Group's most recent Technology Insight Survey ranked the company's LOS platform, point-of-sale (POS) system, and product and pricing engine (PPE) as having the highest Overall Satisfaction and Lender Loyalty Score(TM) out of any vendor surveyed in the mortgage industry.

This year, STRATMOR conducted a more extensive survey than in previous years, evaluating vendors in core areas of residential lending automation. OpenClose's entire mortgage software solution suite was lauded by customers, scoring highly in all categories.

"Our core focus is innovation and support and our customers' happiness reflects the level of ingenuity and strong impact our development efforts have had," said Vince Furey, CRO at OpenClose. "I am particularly pleased to receive validation of our very hands-on, boutique-style customer support culture. Scoring second-to-none with 100% effective ratings in both help desk and overall customer support is a terrific accomplishment for our support team. We're elated that our solution scored so well and appreciate the hard work that STRATMOR Group invested to make the Technology Insight Study happen."

OpenClose had the highest Overall Satisfaction rating out of all LOS vendors surveyed in the mortgage industry, scoring 9.7 out of 10, had a perfect 100 Lender Loyalty Score(TM), and it is the only LOS provider that had zero outages reported. In the POS category, OpenClose scored higher than any vendor for Overall Satisfaction at 9.4 out of 10 and had the best Lender Loyalty Score(TM) with 86 out of 100.

The new STRATMOR Technology Insight Study also included a section that covered front-end digital mortgage solutions. STRATMOR's analysis of the Lender Loyalty Score(TM) for these systems shows OpenClose as the number one vendor in Overall Satisfaction. Key observations in the survey found that the most important lender perceived benefits were faster cycle times, increased borrower satisfaction and greater task and workflow automation.

Lastly, OpenClose's DecisionAssist(TM) product and pricing engine scored the highest in Overall Satisfaction and also touted a perfect 100 for its Lender Loyalty Score(TM).

"JP Kelly and I started OpenClose to innovate mortgage banking solutions, solve pain points and generally make the process faster, better, and cheaper," said Jason Regalbuto, the company's CEO and CTO. "With the dedication of an outstanding team of professionals with extensive mortgage experience and wonderful customers, we have achieved our goal. Seeing the customer satisfaction results in the STRATMOR report is a tremendous validation of 20 years of hard work. There's no stopping us now."

OpenClose recently broke new ground with the launch of the mortgage industry's only solution provided by a single vendor that offers a comprehensive Digital Mortgage POS solution consolidated with an end-to-end, multi-channel LOS that is completely browser-based. The unique solution removes multiple vendors, contracts and pricing models to dramatically reduce loan-manufacturing costs while also providing a more streamlined workflow. It takes the borrower experience to new heights and provides newfound back-office efficiencies.

About OpenClose:

Founded in 1999 and headquartered in West Palm Beach, Florida, OpenClose(R) is a leading enterprise-class, multi-channel loan origination system (LOS), POS digital mortgage and fintech provider that cost effectively delivers its digital platform on a software-as-a-service (SaaS) basis. The company provides a variety of innovative, 100 percent web-based solutions for lenders, banks, credit unions, and conduit aggregators. OpenClose's core solution, LenderAssist(TM), is comprehensive loan origination software that is completely engineered by OpenClose using the same code base from the ground up. The company offers a RESTful API suite that standardizes system-to-system integrations, making them easier to develop, quicker to implement and more cost effective. OpenClose provides lending organizations with full control of their data and creates a truly seamless workflow for complete automation and compliance adherence. For more information, visit https://www.openclose.com/ or call (561) 655-6418.

About STRATMOR Group:

Founded in 1985, STRATMOR Group has, since inception, focused exclusively on making the mortgage business better for lenders and the borrowers they serve. Today, we are a data-driven advisory that guides our lenders and vendor clients alike to make smart strategic decisions, solve complex challenges, streamline operations, improve profitability and accelerate growth. For more information, visit https://www.stratmorgroup.com/.

OpenClose(R), an industry-leading multi-channel loan origination system (LOS) and digital mortgage fintech provider, announced that STRATMOR Group's most recent Technology Insight Survey ranked the company's LOS platform, point-of-sale (POS) system, and product and pricing engine (PPE) as having the highest Overall Satisfaction and Lender Loyalty Score(TM) out of any vendor surveyed in the mortgage industry.

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

NEXT and Global DMS Partner to Raise Funds for Girls Inc. of Tarrant County

EDMOND, Okla. /ScoopCloud/ -- NEXT Mortgage Events LLC, creator NEXT women's mortgage tech summit and Global DMS, a leading provider of cloud-based valuation management software, have announced that they partnered to create a fundraising event that raised over $2,700 for Girls Inc. of Tarrant County.

The Global DMS-sponsored fundraising event took place at NEXT women's mortgage technology summit on February 8, 2019 at Hotel Zaza in Dallas, Texas. Together with Girls Inc. of Tarrant County, NEXT and Global DMS set a goal of raising $2,000 in personal donations from the nearly 200 women executives who attended. That goal was exceeded in less than one hour. In total, Girls Inc. of Tarrant County received $2,770 from 46 individual donations.

"Our attendees' donations exceeded the $2,000 goal 10 minutes after the event started. We finished at almost 50 percent over the original goal," said NEXT co-founder Jeri Yoshida. "Our charity event is always a big hit with attendees. It's easy to get caught up in the excitement of giving when you're among so many accomplished women executives truly enjoying the experience of giving back."

"We are honored to have teamed with NEXT and participated in such a worthy fundraising endeavor supporting Girls Inc.," said Jody Collup, CMO and director of operations at Global DMS. "The donations received at the summit in such a short period of time speaks volumes about the Girls Inc. program, NEXT attendees and the spirit of the overall event."

The mission of Girls Inc. is to inspire all girls to be strong, smart, and bold. Girls Inc. of Tarrant County equips girls to navigate gender, economic, and social barriers and grow up healthy, educated, and independent. Girls build confidence and embrace positive decision-making to take charge of their health and wellbeing, and achieve academic, personal, and career goals.

"We are so grateful for the overwhelming support Girls Inc. received from the NEXT attendees," said Valerie Salter, director of volunteers and special events for Girls Inc. of Tarrant County.

"It means so much to our girls to know they have female executives in their corner who are willing to invest in their bright futures."

About NEXT Mortgage Events LLC:

In January 2018, NEXT Mortgage Events broke the mortgage industry's unspoken barriers that limit women's access to competitive intel and networking-based information exchange, when it introduced NEXT, the mortgage technology summit for women. NEXT is a two-day, tech-focused symposium based on lenders sharing competitive intel with other lending executives. A boutique gathering, each NEXT event is limited to 200 attendees, and targets a select group of decision making executives. Roughly 85-90 percent of lender attendees hold a title of VP or higher and approximately 85 percent of attendees are women. NEXT is held twice a year, in winter and summer.

For more information visit https://www.nextmortgageconference.com/, follow @NEXTmtgEvents or email info@NEXTmortgageEvents.com.

About Global DMS:

Founded in 1999 and headquartered in Lansdale, Pennsylvania, Global DMS is a leading provider of cloud-based commercial and residential real estate valuation solutions catering to lenders, servicers, AMCs, appraisers and other real estate entities. The company's solution set is cost effectively delivered on a software-as-a-service (SaaS) transactional basis that ensures compliance adherence, reduces costs, increases efficiencies and expedites the entire real estate appraisal process.

The company's solutions include its new EVO-Commercial (EVO-C) platform for commercial lending, eTrac valuation management platform for residential lending, eTrac WebForms, Global Kinex, AVMs, the MISMO Appraisal Review System (MARS), AMC State Regulations, ATOM (Appraisal Tracking on Mobile), and AMCmatch.com.

For more information, visit the company's web site https://www.globaldms.com/ or call (877) 866-2747.

#NEXTMortgageEvents #GlobalDMS #GirlsInc

NEXT Mortgage Events LLC, creator NEXT women's mortgage tech summit and Global DMS, a leading provider of cloud-based valuation management software, have announced that they partnered to create a fundraising event that raised over $2,700 for Girls Inc. of Tarrant County.

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

National Mortgage Professional Magazine Names United Fidelity Funding Corp. a 2019 Top Mortgage Employer

KANSAS CITY, Mo. /ScoopCloud/ -- United Fidelity Funding Corp. (UFF), a rapidly growing national mortgage banker, announced that it was designated a Top Mortgage Employer for 2019 by National Mortgage Professional (NMP) magazine.

NMP arrives at the annual winners by polling its readers about their employers based on the following criteria: corporate culture; compensation; day-to-day management; internal communications; marketing; training; resources; long-term strategy; ingenuity; speed; technology; reputation; and industry participation. The magazine is one of the mortgage industry's leading go-to sources for extensive news coverage for mortgage lending, compliance, secondary marketing, servicing, settlement, technology and more.

UFF runs a highly responsive, nimble, boutique-style operation that avoids the problems many larger lenders have in providing the type of hands-on service, visibility, speedy turn times and robust technology tools that UFF delivers. The company provides partners with individualized support from the point of application all the way through funding by having a dedicated team of employees ready to assist at every key step of the lending process, ensuring very smooth and easy transactions.

"We're truly honored to be recognized by NMP magazine as a Top Mortgage Employer on an industry-wide level," said John Bell, principal at UFF's West Coast operations. "The industry is experiencing a lot of volatility and contraction right now, and originators have concerns over the stability and long-term survival of many lenders. At UFF, we're actually in an expansion mode and are lucky to have developed a close-knit culture compromised of dedicated employees, which is a testament to the company earning NMP's 2019 Top Mortgage Employer distinction."

Kevin Marconi, COO of UFF corporate, commented, "Over the years, UFF has earned a reputation for being both a high-tech and high-touch lender that gets customers the answers and information they need to expeditiously complete transactions. We have a low attrition rate at UFF, which is the result of the unwavering commitment our greatest asset has - the employees, and winning NMP's Top Mortgage Employers award in part reflects this. Our entire team is elated to receive this prestigious accolade."

Of note is that UFF has won multiple awards for being an industry-leading Top Tech-savvy Lender. The company offers an extensive set of loan programs and competitive pricing to fit the needs of many types of borrower profiles.

About United Fidelity Funding:
Founded in 2008 and headquartered in Kansas City, Mo. with a West Coast office in Irvine, Calif., United Fidelity Funding Corp. (UFF) is comprised of a highly experienced team of mortgage banking professionals with knowledge in all areas of residential lending. UFF utilizes the best in mortgage technology to help make the mortgage process as easy and straight-forward as possible.

The company provides its originators and employees with the latest web-based loan management and decisioning tools to offer its partner network full visibility into the status of loans at any given time in an effort to deliver responsive service. UFF established a paperless lending process, from submission to funding, facilitating good, easy communication and accurate information for smooth, quick closings. For more information, visit: http://uffwholesale.com/ or https://uffwest.com/.

About NMP:
National Mortgage Professional Magazine (NMP) has become "The Source for Top Originators" - that connects the mortgage professional community under various media formats. Our exceptional team of industry-seasoned monthly contributors combined with our knowledgeable editorial staff, all with meaningful expertise in their respectful disciplines, provide the most up-to-date news, insight and advice for today's mortgage professional. We are committed to ensuring that today's industry is equipped with the most comprehensive understanding of mortgage news available through our many resources, including, but not limited to, articles in the print edition of National Mortgage Professional Magazine and 38 state-specific e-editions, the NMP Daily and NMP Ticker email newsletters, the exclusive daily news stories and postings on our website https://nationalmortgageprofessional.com, and our regular series.

The publication also owns and operates the Mortgage News Network (MNN), a video news source that provides mortgage firms with a resource for news and information as well as a platform for telling their story and sharing their views directly, and in person. https://mortgagenewsnetwork.com/.

United Fidelity Funding Corp. (UFF), a rapidly growing national mortgage banker, announced that it was designated a Top Mortgage Employer for 2019 by National Mortgage Professional (NMP) magazine.

Related link: https://uffwest.com/

OpenClose Integrates its LOS with Continuity Programs’ Mortgage CRM

WEST PALM BEACH, Fla. /ScoopCloud/ -- OpenClose(R), an industry-leading multi-channel loan origination system (LOS) and digital mortgage fintech provider, announced it has completed an integration with Continuity Programs, Inc.'s cloud-based MyCRMDashboard.com customer relationship management (CRM) software. This new interface provides OpenClose's LenderAssist(tm) LOS customers the ability to seamlessly interact with Continuity Programs' platform.

"We constantly look for opportunities to help our customers do business faster, smarter and cheaper including arming loan officers with cutting-edge tools to close more deals," said Vince Furey, CRO at OpenClose. "We are pleased to offer our customers Continuity Programs' robust and modern CRM solution to help mortgage origination teams achieve greater sales success."

Continuity Programs' MyCRMDashboard.com is a turnkey solution that centralizes contacts in an organized, easily-accessible fashion. It gives loan officers powerful tools to generate, track and convert high quality borrower leads while keeping in touch with prospects, customers and referral partners, effortlessly. The CRM is feature rich, automating often mundane and time-consuming daily tasks while delivering the analytics and reporting that enables lenders to assess performance with KPIs, monitor customer satisfaction, improve the borrower experience and increase customer retention.

OpenClose's LenderAssist LOS is an enterprise-class platform that offers a suite of modules to automate complex areas of the entire mortgage manufacturing process. The company recently added a comprehensive digital POS solution, closing the loop between POS and LOS and creating the mortgage industry's only consolidated digital POS and LOS platform delivered by a single vendor that is truly browser-based and has multi-channel automation capability. The complete solution is helping OpenClose customers slash the cost to manufacture loans.

"Integrating with MyCRMDashboard.com empowers loan officers with many easy-to-use tools to make them as successful as possible amid tough marketplace conditions," stated Kirk King, president of Continuity Programs, Inc. "Integrating our mortgage CRM software with OpenClose's LOS makes it easier for lenders to seamlessly extend this functionality to their loan officers via LenderAssist."

Continuity Programs leveraged OpenClose's RESTful API to rapidly develop and deploy the integration between MyCRMDashboard.com and LenderAssist. The RESTful API suite offers simplicity, reliability, better communication, seamless data exchange and performance optimization. Lender implementations of MyCRMDashboard.com are quick and non-disruptive, with Continuity Programs doing the heavy lifting for customers and providing all training.

Both OpenClose and Continuity Programs offer completely web-based software-as-a-service (SaaS) solutions that are mobile-ready, providing users with fingertip access while in the field or office.

About OpenClose:

Founded in 1999 and headquartered in West Palm Beach, Florida, OpenClose(R) is a leading enterprise-class, multi-channel loan origination system (LOS), POS digital mortgage and fintech provider that cost effectively delivers its digital platform on a software-as-a-service (SaaS) basis. The company provides a variety of innovative, 100 percent web-based solutions for lenders, banks, credit unions, and conduit aggregators. OpenClose's core solution, LenderAssist(tm), is comprehensive loan origination software that is completely engineered by OpenClose using the same code base from the ground up. The company offers a RESTful API suite that standardizes system-to-system integrations, making them easier to develop, quicker to implement and more cost effective. OpenClose provides lending organizations with full control of their data and creates a truly seamless workflow for complete automation and compliance adherence. For more information, visit https://www.openclose.com/ or call (561) 655-6418.

About Continuity Programs:

Continuity Programs, Inc. serves mortgage lenders, banks and credit unions with easy-to-use customer relationship management (CRM) software called MyCRMDashboard. The compliant SaaS software suite includes automated marketing and reputation management. Since 1973, Continuity Programs' campaigns have consistently proven to drive referrals and repeat business, generate exclusive leads, and increase client retention for loan officers across the US. For more information, visit continuityprograms.com or call (800) 521-0026.

OpenClose, an industry-leading multi-channel loan origination system (LOS) and digital mortgage fintech provider, announced it has completed an integration with Continuity Programs, Inc.'s cloud-based MyCRMDashboard.com customer relationship management (CRM) software.

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

Quandis Adds Automated Monitoring Feature to its Military Search Service for SCRA Compliance

RANCHO SANTA MARGARITA, Calif. /ScoopCloud/ -- Quandis, Inc., a leading default management mortgage technology provider, announced that it incorporated functionality into its Military Search service that empowers clients with the ability to easily customize real-time monitoring data analysis that is more explicit and inclusive in nature, returning the most granular searches in the industry for active military personnel along with detailed reporting.

Quandis Military Search (QMS) is an all-in-one solution that verifies up-to-the-second information on active duty military status to help organizations comply with the Servicemembers Civil Relief Act (SCRA) of 2003, which has stringent rules and processes that must be followed before starting mortgage foreclosure proceedings on borrowers that hold active duty status in the United States military. Stiff fines, penalties and lawsuits can result from active military personnel that are improperly pursued in the default process.

The new functionality works by providing organizations with the ability to define "monitoring cycles" for their data, which automatically runs SCRA searches using both client defined criteria and schedules. The continual search cycles allow for comparison of key SCRA data points over time thus identifying any changes in SCRA eligibility. The expanded functionality reports on specific data points as defined by unique client needs.

"Our development of QMS monitoring takes SCRA compliance adherence a step further by putting users in full control of their data and preferences as to how, when and to what degree of finality they would like to execute searches," explained Greg Kent, vice president of data services at Quandis. "Our clients no longer require IT resources to compare and detect SCRA status changes."

QMS delivers a highly accurate, cost effective, easy method for combing the Department of Defense (DoD) database to identify all possible name variations and aliases, complete with name permutations to reduce the risk of missing a borrower that has active duty status. An official military status report and certificate is returned from the DoD within 24 hours demonstrating proof of compliance.

QMS automates bulk as well as individual searches and can be used as a standalone solution or as integrated with leading attorney case management systems (CMS), servicing platforms and legacy applications to return and populate search certificates along with relevant data. The solution is being successfully leveraged by foreclosure attorneys, servicers, lenders, banks and third party outsourcing providers.

Quandis is a HousingWire Tech 100 company, has been named a Top 50 Service Provider by Mortgage Technology magazine multiple years in a row, and QMS also received a mortgage technology product-based award commendation from SourceMedia.

About Quandis:
Founded in 2003 and headquartered in Rancho Santa Margarita, California, Quandis is a leading default management software provider specializing in web-based solutions for the mortgage industry. Quandis' solutions include foreclosure process automation, short sale portals, skip tracing systems, a valuations hub, military search services, bankruptcy status searches, collection solutions, vendor solutions, as well custom application development.

The company's clients range from servicers, to foreclosure attorneys, lenders, banks, GSEs outsourced service providers, and agents and brokers. For more information, please visit https://www.quandis.com/ or call (949) 525-9000.

Quandis, Inc., a leading default management mortgage technology provider, announced that it incorporated functionality into its Military Search service that empowers clients with the ability to easily customize real-time monitoring data analysis that is more explicit and inclusive in nature, returning the most granular searches in the industry for active military personnel along with detailed reporting.

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

Mortgage Capital Trading Scores High Marks in Overall Satisfaction, Lender Loyalty, and Functionality Effectiveness According to Recent Study by STRATMOR Group

SAN DIEGO, Calif. /ScoopCloud/ -- Mortgage Capital Trading (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that the 2018 STRATMOR Technology Insight Study rated MCT as the leader in overall satisfaction, lender loyalty, and functionality effectiveness in the production pipeline hedging industry, according to survey respondents.

According to STRATMOR Group, "72 percent of respondents use third-party tools for Production Pipeline Hedging and 29.9 percent chose Mortgage Capital Trading (MCT) to conduct these analyses. Further, MCT's Lender Loyalty Score value is an impressive 81; 20 points higher than the overall average score."

The STRATMOR Group study results were gathered from a broad group of lender executives with the goal of providing lenders with data on the technology solutions available in the market today. Of the executives who responded to the survey, 45 percent were the head of, or part of, the technology department. Additionally, more than two-thirds of respondents were independent mortgage bankers, while 31 percent were banks or credit unions.

Visit the study web page to learn more or purchase the full report: http://www.stratmorprograms.com/events/2018-stratmor-technology-insight-study-report/event-summary-0a72fd24156f44fa8f70fd7793b1fed9.aspx

"There's never been a better time to be at MCT," said Curtis Richins, President of MCT. "We have so many new technologies and innovations rolling out that everybody is excited about the future. We're proud clients still experience the same boutique-style customer service despite our rapid growth."

In the study, MCT was ranked the leader in overall satisfaction and functionality effectiveness ratings. Survey respondents gave MCT an overall satisfaction score of 9.1 out of 10, compared to the overall average satisfaction rating of 8.3. Additionally, MCT was the highest-rated vendor across nine areas of functionality effectiveness, including margin tracking, ease of use, reporting capabilities, and overall customer support. The majority of clients rated MCT as "highly effective / competitively advantaged" in eight of the nine functionality effectiveness areas.

"We're very pleased with the results of STRATMOR's 2018 Technology Insight Survey," says Richins. "The results reflect MCT's relentless mission to provide clients with ground-breaking new technology, such as the recently released bid tape AOT tri-party agreement automation within the Bid Auction Manager (BAM) whole loan trading platform."

"Before the Tri-Party automation, I had to write in all the fields, print and attach all the confirms, sign, scan, and send for every assignment-of-trade," said Andrew Stringer, Directory of Secondary and Capital Markets at First Bank in a recently published case study. "Without the automation, I probably wouldn't bother with AOT transactions very often, because the time cost might outweigh the pickup."

To learn more about MCT's unique blend of award-winning technology and best in class customer service, visit https://mct-trading.com/.

ABOUT MCT:

Founded in 2001, Mortgage Capital Trading, Inc. (MCT) has grown from a boutique mortgage pipeline hedging firm into the industry's leading provider of fully-integrated capital markets services and technology. MCT offers an array of best-in-class services and software covering mortgage pipeline hedging, best execution loan sales, outsourced lock desk solutions, MSR portfolio valuations, business intelligence analytics, mark to market services, and an award-winning comprehensive capital markets software platform called MCTlive! MCT supports independent mortgage bankers, depositories, credit unions, warehouse lenders, and correspondent investors of all sizes.

Headquartered in San Diego, California, MCT also has offices in Philadelphia, Santa Rosa, Los Angeles and Dallas. MCT is well known for its team of capital markets experts and senior traders who continue to provide the boutique-style hands-on engagement clients love. For more information, visit https://mct-trading.com/ or call (619) 543-5111.

ABOUT STRATMOR GROUP:

STRATMOR Group is a leading mortgage industry advisory firm that provides a range of programs and services designed to counsel lender CEOs and senior executives. STRATMOR serves more than 250 companies annually, providing strategies that increase growth and improve profitability in sales, marketing, technology, operations and mergers and acquisitions using comprehensive, propriety data and key insights gained through extensive experience in the mortgage industry. The company is well known for its financial models and its collaboration with the Mortgage Bankers Association in the PGR: MBA and STRATMOR Peer Group Roundtables program. Find out more about STRATMOR on its website at https://www.stratmorgroup.com/.

Mortgage Capital Trading (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that the 2018 STRATMOR Technology Insight Study rated MCT as the leader in overall satisfaction, lender loyalty, and functionality effectiveness in the production pipeline hedging industry, according to survey respondents.

Related link: https://mct-trading.com/

MReport Magazine Names DocMagic’s Dominic Iannitti a ‘Top 25 Industry Leader and Influencer’

TORRANCE, Calif. /ScoopCloud/ -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that MReport magazine has named company president and CEO Dominic Iannitti one of its Top 25 Industry Leaders & Influencers for 2019.

The Top 25 Industry Leader & Influencer list recognizes men and women who are making a positive mark on their teams, peers and those they interface with in the mortgage industry. It highlights the achievements of those who guide by example and think outside the box in ways that are shaping the industry's path forward, while maintaining a personal touch that makes team members feel supported, inspired and recognized.

"Leading by example and providing an inspirational workplace are top priorities for me, so being named to this list is a great honor," remarked Iannitti. "DocMagic is synonymous with innovation, which is one reason we are the first choice for organizations that want the top advancements in the digital mortgage ecosystem. We have great people who are dedicated to making technology advances and supporting our clients, and it's my honor to support them in their quest for excellence in those pursuits."

Iannitti is known among his teams for inspiring creative freedom and out-of-the-box thinking. He helped design DocMagic's Torrance, Calif.-based headquarters to achieve a comfortable, relaxed open workplace that has proven to foster the employee collaboration and consistent technology innovation the company is known for.

"Dominic makes it fun to deliver great service to our customers, partners and vendors. He shows us, through his commitment and dedication, that DocMagic isn't only about products and services - we're about improving people's lives," said Michael Morford, director of product development at DocMagic. "We're lucky to have a CEO who is a natural visionary and who enjoys rolling up his sleeves and delving into the mix."

MReport Editor-in-Chief Rachel Williams, stated, "I would like to congratulate those individuals who made the 'Top 25 Industry Leaders & Influencers' list this year, as well as the leaders who were nominated to this list having earned the loyalty of their team and peers through their subject matter expertise, charisma, or even the way they have gone above and beyond to help their team or company that makes them stand out from the crowd."

About DocMagic:
DocMagic, Inc. is the leading provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions for the mortgage industry. Founded in 1988 and headquartered in Torrance, Calif., DocMagic, Inc. develops software, mobile apps, processes and web-based systems for the production and delivery of compliant loan document packages. The company's compliance experts and in-house legal staff consistently monitor legal and regulatory changes at both the federal and state levels to ensure accuracy. For more information on DocMagic, visit https://www.docmagic.com/.

About MReport:
Recognized as the leading source of breaking news and up-to-date information for the housing and mortgage professional, theMReport.com, the counterpart to MReport magazine, covers the latest trends and news creating a buzz in the industry. Providing site visitors with a powerful insider's edge, theMReport.com is firmly positioned as the principal provider of relevant news for the mortgage origination and loan processing business. Online and in print, MReport features expert commentary, industry feedback, and cutting-edge features making it a must-read for mortgage professionals. The company's website is https://themreport.com/

DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that MReport magazine has named company president and CEO Dominic Iannitti one of its Top 25 Industry Leaders & Influencers for 2019.

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

National Mortgage Professional Magazine Designates OpenClose a Top Mortgage Employer for the Third Consecutive Year

WEST PALM BEACH, Fla. /ScoopCloud/ -- OpenClose(R), an industry-leading multi-channel loan origination system (LOS) and digital mortgage fintech provider, announced that it was selected as a 2019 Top Mortgage Employer by National Mortgage Professional (NMP) magazine for the third straight year.

"We are elated to have been chosen again by National Mortgage Professional magazine as one of the country's leading companies to work for and we thank them for the recognition," said JP Kelly, president of OpenClose. "Words cannot express how appreciative OpenClose's management team is for the immense dedication and passion that our employees bring to the table every day."

NMP arrives at the annual winners by polling its readers about their employers based on the following criteria: corporate culture; compensation; day-to-day management; internal communications; marketing; training; resources; long-term strategy; ingenuity; speed; technology; reputation; and industry participation.

The magazine is one of the mortgage industry's leading go-to sources for extensive news coverage for mortgage lending, compliance, secondary marketing, servicing, settlement, technology and more.

Kelly adds, "OpenClose has launched multiple technology innovations over the last year and has grown significantly, in part, due to these new solutions. We have added new team members in every area of the enterprise to drive innovation and execute our mission to provide the very best service and lower the mortgage manufacturing cost for our customers. We have been fortunate to attract top-tier industry talent and winning this award is a reflection of our tremendous team and culture."

About OpenClose:
Founded in 1999 and headquartered in West Palm Beach, Florida, OpenClose(R) is a leading enterprise-class, multi-channel loan origination system (LOS), POS digital mortgage and fintech provider that cost effectively delivers its digital platform on a software-as-a-service (SaaS) basis. The company provides a variety of innovative, 100 percent web-based solutions for lenders, banks, credit unions, and conduit aggregators. OpenClose's core solution, LenderAssist(TM), is comprehensive loan origination software that is completely engineered by OpenClose using the same code base from the ground up. The company offers a RESTful API suite that standardizes system-to-system integrations, making them easier to develop, quicker to implement and more cost effective. OpenClose provides lending organizations with full control of their data and creates a truly seamless workflow for complete automation and compliance adherence. For more information, visit https://www.openclose.com/ or call (561) 655-6418.

About NMP:
National Mortgage Professional Magazine (NMP) has become "The Source for Top Originators" - that connects the mortgage professional community under various media formats. Our exceptional team of industry-seasoned monthly contributors combined with our knowledgeable editorial staff, all with meaningful expertise in their respectful disciplines, provide the most up-to-date news, insight and advice for today's mortgage professional. We are committed to ensuring that today's industry is equipped with the most comprehensive understanding of mortgage news available through our many resources, including, but not limited to, articles in the print edition of National Mortgage Professional Magazine and 38 state-specific e-editions, the NMP Daily and NMP Ticker email newsletters, the exclusive daily news stories and postings on our website https://nationalmortgageprofessional.com, and our regular series.

The publication also owns and operates the Mortgage News Network (MNN), a video news source that provides mortgage firms with a resource for news and information as well as a platform for telling their story and sharing their views directly, and in person. https://mortgagenewsnetwork.com/.

OpenClose(R), an industry-leading multi-channel loan origination system (LOS) and digital mortgage fintech provider, announced that it was selected as a 2019 Top Mortgage Employer by National Mortgage Professional (NMP) magazine for the third straight year.

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

MCT’s Danyel Shipley Honored as one of Mortgage Banking’s Most Powerful Women for 2018 by NMP Magazine

SAN DIEGO, Calif. /ScoopCloud/ -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that long-time employee Danyel Shipley was name to National Mortgage Professional Magazine's (NMP) 2018 list of Mortgage Banking's Most Powerful Women.

NMP says that the honorees were selected based on their accomplishments where they were instrumental to a major industry innovation, overcoming some seemingly insurmountable obstacle in their career to rise to the top, blaze new trails, the extent of their background and experience in the industry, and how connected they are. In addition, officials at the magazine stated that when compiling the inaugural list, they took three key words into consideration: "Pioneer, Leader and Innovator."

"I am honored to be recognized by NMP magazine for this prestigious award and flattered by all of the support from my peers," said Shipley. "My career in the mortgage industry has been dynamic, fun and challenging. But more than anything, my time spent in helping MCT grow its business and launching new, innovative products and services for the secondary market to leverage has been the most rewarding to date, and I look forward to my future with the firm."

Danyel Shipley has extensive experience in mortgage lending with an emphasis in capital markets. In her current role at MCT, she has demonstrated exceptional expertise in capital markets consulting. She has been in the mortgage industry since the very beginning of her career, possessing nearly 14 years of experience. Throughout her career, Danyel has worked her way up the ladder as a Loan Officer, Team Lead & Trainer, Branch Manager, Secondary Marketing Trading Analyst, Sales Executive, and is currently MCT's Regional Sales Director for the West.

At MCT, she has been a key contributor in expanding the company's West Coast territory by bringing on new lender clients. Other highlights of Danyel's contributions include providing hedging strategies training, working internally to promote process improvement in the client onboarding process, supporting the development of strategic industry alliances, and effectively communicating

MCT's extensive offering of integrated hedging advisory services, secondary marketing software, business intelligence, MSR services, and more to clients and vendor partners. She plays an instrumental role in coordinating the annual MCT Exchange conference, which is highly regarded for its caliber of prominent attendees and renowned industry keynote speakers. She is known for her high-energy persona, passion, dedication, and willingness to mentor and help her peers be as successful as possible.

"We are excited than Danyel has earned a spot on NMP's list of Mortgage Banking's Most Powerful Women for 2018," stated Tom Farmer, Managing Director and SVP of National Sales at MCT. "Danyel has worked diligently over the years to provide second-to-none support for MCT's clients and partners, and has played an important role in introducing multiple service offerings, business solutions and software applications to the marketplace. She is a huge asset to the sales and marketing team here at MCT and an industry-leading professional in capital markets."

Danyel is very active in her local community, while additionally serving on the Board of Directors for Cortez Racing Association where she coordinates 12 regattas annually and Co-Chairs a 10 week regatta series. She consistently attends Mortgage Bankers Association conferences (MBA) and events, as well as state-based MBA shows and regional events. She holds a Bachelor of Arts in Management from the University of Redlands.

About MCT:

Founded in 2001, Mortgage Capital Trading, Inc. (MCT) has grown from a boutique mortgage pipeline hedging firm into the industry's leading provider of fully-integrated capital markets services and technology. MCT offers an array of best-in-class services and software covering mortgage pipeline hedging, best execution loan sales, outsourced lock desk solutions, MSR portfolio valuations,business intelligence analytics, mark to market services, rate sheet generation services, and an award-winning comprehensive capital markets software platform called MCTlive! MCT supports independent mortgage bankers, depositories, credit unions, warehouse lenders, and correspondent investors of all sizes.

Headquartered in San Diego, California, MCT also has offices in Philadelphia, Santa Rosa, Los Angeles and Dallas. MCT is well known for its team of decorated capital markets experts and senior traders who continue to provide the boutique-style hands-on engagements clients love. For more information, visit https://mct-trading.com/ or call (619) 543-5111.

About NMP:

National Mortgage Professional Magazine (NMP) has become "The Source for Top Originators" - that connects the mortgage professional community under various media formats. Our exceptional team of industry-seasoned monthly contributors combined with our knowledgeable editorial staff, all with meaningful expertise in their respectful disciplines, provide the most up-to-date news, insight and advice for today's mortgage professional. We are committed to ensuring that today's industry is equipped with the most comprehensive understanding of mortgage news available through our many resources, including, but not limited to, articles in the print edition of National Mortgage Professional Magazine and 38 state-specific e-editions, the NMP Daily and NMP Ticker email newsletters, the exclusive daily news stories and postings on our website https://nationalmortgageprofessional.com, and our regular series.

The publication also owns and operates the Mortgage News Network (MNN), a video news source that provides mortgage firms with a resource for news and information as well as a platform for telling their story and sharing their views directly, and in person. https://mortgagenewsnetwork.com/.

Twitter: @mcttrading @NatlMortgagePro

Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that long-time employee Danyel Shipley was name to National Mortgage Professional Magazine's (NMP) 2018 list of Mortgage Banking's Most Powerful Women.

Related link: https://mct-trading.com/

DocMagic Teams with the Art To Grow On Children’s Art Center to Provide 100 Customized Holiday Art Boxes for Patients at Children’s Hospital Los Angeles

TORRANCE, Calif. /ScoopCloud/ -- DocMagic, Inc., a comprehensive eMortgage software solutions provider, announced that it has purchased 100 custom designed Art Boxes to Art To Grow On Children's Art Center Inc., which delivered the Art Boxes to patients being treated at the Children's Hospital Los Angeles (CHLA), a non-profit, pediatric academic medical center that provides patient care, education, and leading-edge research to help children in need.

Each Art Box contains a master artist lesson inspired by architect Frank Lloyd Wright, a holiday frame, a journal, a sketchbook, colorful markers, wooden cars, hearts or animals for coloring and decorating, and foam snowflakes or snowman with holiday stickers.

"We are grateful to DocMagic for realizing the immense value that our Art Boxes provide children who are being cared for at Children's Hospital Los Angeles," said Lauren Dennis-Perelmuter, founder and president at Art To Grow On Children's Art Center, Inc. "These Art Boxes accomplish something that other gifts such as one-time use toys and electronic devices are unable to do. They give children a respite from the daily realities of staying in a hospital, inspiring and allowing their imagination to soar, their critical thinking skills to be exercised and refined, and their self-esteem and self-confidence to be elevated. These essential life skills are critical not only in the healing process, but brings joy and relief to them directly during their stay at the hospital."

Notable is that the Children's Art Center worked tirelessly for more than a year prior to creating and packaging the Art Boxes, going through an extensive vetting process to ensure that they were non-toxic and environmentally safe for patients residing in a medicinal setting. The Girl Scouts and other community volunteers joined forces to assemble to boxes, which was a very hands-on and involved group effort. Video here: https://www.youtube.com/watch?v=rUhMt1MNDMI&feature=youtu.be

Perelmuter says that the Art Boxes become a one-of-a-kind, very rewarding memory not only for the children, but for their families trying to bring a sense of normalcy to their lives while in a hospital. She adds that the right kind of exposure to art not only gives children opportunities to invent, create, innovate and discover, but also allows them to become optimal, independent thinkers and problem solvers who possess strengthened imaginations.

"We are honored to participate and happy to help with this noble and highly creative cause that Art To Grow On Children's Art Center is providing kids at Children's Hospital Los Angeles," stated Dominic Iannitti, president and CEO of DocMagic. "DocMagic is proud to be a part of having a very unique and positive impact on the lives of these children, opening up a new world of creativity and imagination that they themselves construct."

DocMagic is an award-winning Southern California-based software firm that automates key parts of the mortgage lending process, ensuring compliance, increasing efficiencies, making what can a confusing and complex undertaking for borrowers much easier, while at the same time removing enormous amounts of paper that lenders and borrowers traditionally deal with. The company is known for its charity work and philanthropy efforts both locally and nationally.

Perelmuter says that the art boxes will be delivered through January 1 for the holiday season but they can also be purchased anytime throughout the year. They are ideal for a myriad of different occasions. Anyone can order the boxes from individuals, to families, schools, Girls Scouts, Boys Scouts, organizations, companies, and other entities.

About DocMagic:

DocMagic, Inc. is the leading provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions for the mortgage industry. Founded in 1987 and headquartered in Torrance, Calif., DocMagic, Inc. develops software, mobile apps, processes and web- based systems for the production and delivery of compliant loan document packages. The company's compliance experts and in-house legal staff consistently monitor legal and regulatory changes at both the federal and state levels to ensure accuracy. For more information on DocMagic, visit https://www.docmagic.com.

About Art To Grow On Children's Art Center, Inc.:

Art To Grow On Children's Art Center, Inc. is a mobile Art Enrichment Company who opened its doors to the Los Angeles and South Bay communities in 2000. With a humble start of 6 students enrolled on the first day of class, they saw a huge opportunity to allow children to invent, create, innovate and discover. These Essential Life Skills - critical thinking, problem solving, independent learning and strengthened imagination are life skills that each and every child needs in today's world. Art To Grow On Inc. believes not only in giving children opportunities to create but also to become optimal thinkers. To learn more, visit http://art2growon.com/.

Twitter: @Art2GrowOn @DocMagic

VIDEO (YouTube): https://youtu.be/rUhMt1MNDMI

DocMagic, Inc., a comprehensive eMortgage software solutions provider, announced that it has purchased 100 custom designed Art Boxes to Art To Grow On Children's Art Center Inc., which delivered the Art Boxes to patients being treated at the Children's Hospital Los Angeles (CHLA), a non-profit, pediatric academic medical center that provides patient care, education, and leading-edge research to help children in need.

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

MCT Hires Industry Veteran Rhiannon Bolen as Regional Sales Manager to Satisfy Increasing Demand for its Product and Service Offerings

SAN DIEGO, Calif. /ScoopCloud/ -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that Rhiannon Bolen has joined the company's sales team as one of its Regional Sales Managers and will be responsible for overseeing the Southern territory.

"We are pleased to have Rhiannon join our growing sales team, who has a diverse background dedicated to the mortgage industry with a focus on sales expansion," said Curtis Richins, president at MCT. "As a company, MCT has added a number of new innovative capital markets focused services and technology that has created increasing marketplace demand and thus opened up new revenue opportunities for us that require experienced salespeople like Rhiannon to help manage."

Rhiannon comes to MCT most recently from Lenders One where she held the position of Regional AVP for the Western Region, working with mortgage lenders of all types to arrive at various solutions that help reduce business costs and stay ahead of industry trends pertaining to processes and technology.

Prior to Lenders One, Rhiannon was the Regional Vice President of South Region Field Sales for Arch Mortgage Insurance. At Arch, she helped hire and train a team of Account Managers and was responsible for creating sales strategies and managing and developing various territories which led to over achievement of sales production goals. Before Arch, Rhiannon spent much of her career in the credit risk space working in regional and national outside sales roles in the mortgage insurance industry.

"I am excited to join MCT, which has become a clear industry leader in hedge advisory services and secondary marketing software," stated Bolen. "MCT is known as a forward-thinking organization that has a sterling reputation among its lender clients, partners, and the investor community. The company is comprised of an extraordinary group of highly dedicated, passionate secondary marketing professionals that are constantly innovating and providing next-level client service. In any role that I've been in, my goal has always been to help my clients be more successful. Given MCT's position in the market amongst our competition, our ability to innovate and our un-wavering focus on dedicated client support, I really see this as an opportunity to help my clients leverage our offerings to better improve their capital markets strategies."

Rhiannon has been off to the races in her new role starting with the MBA's Annual Conference & Expo held in Washington, D.C. in October 2018. More details on Rhiannon's role, territory, and contact information can be found on the MCT website: https://mct-trading.com/contact/

About MCT:

Founded in 2001, Mortgage Capital Trading, Inc. (MCT) has grown from a boutique mortgage pipeline hedging firm into the industry's leading provider of fully-integrated capital markets services and technology. MCT offers an array of best-in-class services and software covering mortgage pipeline hedging, best execution loan sales, outsourced lock desk solutions, MSR portfolio valuations, business intelligence analytics, mark to market services, and an award-winning comprehensive capital markets software platform called MCTlive! MCT supports independent mortgage bankers, depositories, credit unions, warehouse lenders, and correspondent investors of all sizes.

Headquartered in San Diego, California, MCT also has offices in Philadelphia, Santa Rosa, Los Angeles and Dallas. MCT is well known for its team of capital markets experts and senior traders who continue to provide the boutique-style hands-on engagement clients love. For more information, visit https://mct-trading.com/ or call (619) 543-5111.

Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that Rhiannon Bolen has joined the company's sales team as one of its Regional Sales Managers and will be responsible for overseeing the Southern territory.

Related link: https://mct-trading.com/

MCT Moves to Secure Sensitive Borrower Data Exposed in 90 Percent of Secondary Market Transactions

SAN DIEGO, Calif. /ScoopCloud/ -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that it is incorporating the company's patent-pending geocoding technology into its Bid Auction Manager(TM) (BAM) whole loan trading platform in order to shield borrower addresses from being shared with non-buying entities throughout the whole loan bidding process.

"Concealing borrower addresses for whole loan bids is the most recent step that MCT is taking to heighten data security while protecting borrowers and lenders," stated Phil Rasori, COO and Head Trader at MCT. "We estimate that upwards of 90 percent of all secondary marketing transactions expose borrower addresses to non-buying bidders. The only investor that should eventually see the property address is the one that wins the loan. MCT's proprietary BAM Geocoder enables investors to price LMI-CRA incentives without the address."

Historically, only a handful of non-identifying data points were used to determine loan pricing in the secondary market. However, the advent of Community Reinvestment Act (CRA) requirements and spec pay-ups combined with the rapid adoption of delivery via bid tapes resulted in the full property address being disclosed to bidders in the majority of transactions executed over the last several years.

While clear contract terms typically govern borrower data usage for the whole loan buyer and seller, they generally fail to address the non-buying bidders, according to a review of MCT's lender clients. This can be a sensitive area for some parties, in particular for EPO (early pay off) and servicing pre-payments, as refinancing terms do not take into account safeguards for borrower loan data during the bidding process.

Mr. Rasori added, "Ensuring that our systems and processes are as secure as possible is always of the highest importance. We are confident that this new level of protection will become the standard in the near future, and we're proud to lead the industry in this direction."

Notable is that MCT recently implemented multi-factor authentication (MFA) security protocols into its MCTlive! capital markets software, requiring multiple methods to verify a user's identity for logins and transactions. In July of 2017, MCT officially rolled out its award-winning BAM platform, in part, to migrate sensitive borrower data contained in bid tapes off of email to a centralized, secure platform.

Company officials at MCT say that the geocode-enabled conversion process has already begun with investors; addresses will be completely removed from all MCT bid tapes by 2019. The proprietary BAM Geocoder is patent-pending and available for license to third-parties interested in increasing transaction security.

Investors or lenders interested in the status of the conversion process for their transactions should reach out to Phil Rasori via email at prasori@mctrade.net.

About MCT:

Founded in 2001, Mortgage Capital Trading, Inc. (MCT) has grown from a boutique mortgage pipeline hedging firm into the industry's leading provider of fully-integrated capital markets services and technology. MCT offers an array of best-in-class services and software covering mortgage pipeline hedging, best execution loan sales, outsourced lock desk solutions, MSR portfolio valuations, business intelligence analytics, mark to market services, and an award-winning comprehensive capital markets software platform called MCTlive! MCT supports independent mortgage bankers, depositories, credit unions, warehouse lenders, and correspondent investors of all sizes. Headquartered in San Diego, California, MCT also has offices in Philadelphia, Santa Rosa, Los Angeles and Dallas. MCT is well known for its team of capital markets experts and senior traders who continue to provide the boutique-style hands-on engagement clients love.

For more information, visit https://mct-trading.com/ or call (619) 543-5111.

Twitter: @mcttrading #Geocoder #BAM #BidAuctionManager #WholeLoanTrading

Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that it is incorporating the company's patent-pending geocoding technology into its Bid Auction Manager(TM) (BAM) whole loan trading platform in order to shield borrower addresses from being shared with non-buying entities throughout the whole loan bidding process.

Related link: https://mct-trading.com/

QRL Leverages DocMagic’s eVault Technology to Purchase eNotes from Correspondent Clients

ANAHEIM, Calif. /ScoopCloud/ -- Annual CUNA Lending Council Conference -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that QRL Financial Services (QRL), a nationwide provider of residential mortgage lending services for community banks and credit unions, has leveraged its eVault technology to purchase eNotes. The announcement was made during the 24th Annual CUNA Lending Council Conference at the Disneyland Hotel in Anaheim, Calif.

Implementing an eVault means QRL can increase new business by extending its reach to lenders that are ready to implement eClosings and sell eNotes. In addition to providing improved service, they will competitively position themselves for the future. The deal will make QRL one of the first investors outside of the GSEs to begin purchasing eNotes.

"QRL is a farsighted organization, and by implementing eVault technology now, they stand to capitalize on marketplace opportunities as eNotes continue to gain adoption," stated Dominic Iannitti, president and CEO of DocMagic. "We tend to partner with early adopters like QRL, who will reap the benefits of their industry insight. We look forward to the success they realize by utilizing our eVault and supporting technology."

Because QRL is using DocMagic's SmartDocs, all documents retain a tamper evident seal to ensure data and document integrity. Using static documents, that don't include SmartDoc transactional (XML) metadata, means some organizations have the difficult, costly and time-consuming task of confirming that data and documents are in sync.

"Offering a truly paperless solution is the future. Consumers will expect and demand a closing experience that is more timely, convenient and informative," says Alex Rivera, managing director at QRL Financial Services. "QRL's ability to purchase and service eNotes will allow the credit unions and community banks that we service to stay ahead of the technology curve as they compete with the larger institutions in the race to improve the mortgage experience."

The solution will also create greater secondary market process efficiencies because of reduced cycle times. QRL will be able to fund faster with fewer post-closing document issues.

DocMagic and QRL will be attending the 24th Annual CUNA Lending Council Conference from October 28-31, 2018 at the Disneyland Hotel in Anaheim, Calif. The companies can be contacted at michael@docmagic.com for DocMagic and sales@qrlfinancial.com for QRL.

About DocMagic:

DocMagic, Inc. is the leading provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions for the mortgage industry. Founded in 1987 and headquartered in Torrance, Calif., DocMagic, Inc. develops software, mobile apps, processes and web-based systems for the production and delivery of compliant loan document packages. The company's compliance experts and in-house legal staff consistently monitor legal and regulatory changes at both the federal and state levels to ensure accuracy. For more information on DocMagic, visit https://www.docmagic.com/.

About QRL Financial Services:

QRL Financial Services, a division of First Federal Bank, is a nationwide provider of residential mortgage lending services for community banks and credit unions. The company's comprehensive suite of offerings includes wholesale and correspondent lending, portfolio loan services, appraisal management and sub-servicing. QRL retains servicing and does not cross sell. Providing free access to a loan origination system and a dedicated loan coordinator, QRL Financial Services assists community lenders in creating an exceptional mortgage experience. For more information, visit http://www.qrlfinancial.com/ or call 888.766.4734.

DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that QRL Financial Services (QRL), a nationwide provider of residential mortgage lending services for community banks and credit unions, has leveraged its eVault technology to purchase eNotes. The announcement was made during the 24th Annual CUNA Lending Council Conference.

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

MCT to Unveil its MSRlive! Platform that Accurately, Easily and Quickly Values Servicing Portfolios

SAN DIEGO, Calif. /ScoopCloud/ -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced the upcoming launch of MSRlive!, a powerful web-based platform designed to effectively support lenders' efforts to build, maintain and optimize their servicing portfolios. The solution will be officially released at the IMN's first annual Residential Mortgage Servicing Rights Forum in Los Angeles on November 5. Interested parties can join an upcoming MSRlive! webinar that will be held on November 15 for additional information.

MSRlive! delivers highly accurate pricing for servicing portfolio valuations by automatically evaluating scenarios using more than 400 different factors that are fully customizable based on lender preferences. It was designed to be straightforward and easy to learn, simple to run (without the help of IT) and provide robust analysis. Detailed reports are also easily created, establishing the best possible servicing model for lenders' specific business needs. Users are able to effectively forecast and manage their portfolios, predicting the impact of market shifts.

"We developed MSRlive! to put our clients in the driver's seat to value their servicing portfolios and run customizable future market scenarios," stated Phil Laren, Director of MSR Services at MCT. "Using a sophisticated model and technology platform, we are able to drastically increase the speed and accuracy of MSR portfolio valuations. MSRlive! is the mortgage industry's most detailed and accurate servicing portfolio valuation solution on the market."

MSRlive! is supported by an experienced team of MCT specialists that are dedicated solely to its MSR Services Division. MCT's MSR experts work with clients to define and understand all base assumptions; clients have the ability to easily upload their data and run at their discretion; users are able to create various sets of reports that are easily generated (e.g. cash flow forecasting, accounting, portfolio analysis, etc.); and the results can then be viewed to make intelligent, actionable decisions that mitigate risk. Servicing portfolios are analyzed and valued at over 30 loans per second in great detail - and with unmatched accuracy.

Key MSRlive! Features:
* Over 400 inputs establishes unparalleled accuracy plus the ability to edit them
* Cash flow analysis to help clients effectively evaluate future cash flow
* Standard reporting features use daily market rates and make it easy to edit most frequent inputs
* Grid pricing can be integrated with most pricing engines and can be updated as often as needed
* Rate shock analysis of 200 basis points in either direction prepares clients for unseen market changes

MCT's MSR Services Division also offers additional services that include portfolio valuation reports, enhanced retain-release extension, MSR strategy consulting, custom MSR Grids, and MSR hedging and brokerage services.

To learn more, register for the upcoming MSRlive! webinar on November 15, 2018 at 11 a.m. PST: https://mct-trading.com/msrlive-coming-soon-webinar/

MCT will also be available to answer questions regarding MSRlive! at the IMN's Residential Mortgage Servicing Rights Forum in Los Angeles on November 5 - 6. In addition, MCT's Phil Laren will be speaking on a panel on Monday, November 5 at 4:40 p.m. entitled "The Pre-Hedging Decisions For Origination Hedgers."

About MCT:

Founded in 2001, Mortgage Capital Trading, Inc. (MCT) has grown from a boutique mortgage pipeline hedging firm into the industry's leading provider of fully-integrated capital markets services and technology. MCT offers an array of best-in-class services and software covering mortgage pipeline hedging, best execution loan sales, outsourced lock desk solutions, MSR portfolio valuations, business intelligence analytics, mark to market services, and an award-winning comprehensive capital markets software platform called MCTlive!

MCT supports independent mortgage bankers, depositories, credit unions, warehouse lenders, and correspondent investors of all sizes. Headquartered in San Diego, California, MCT also has offices in Philadelphia, Santa Rosa, Los Angeles and Dallas. MCT is well known for its team of capital markets experts and senior traders who continue to provide the boutique-style hands-on engagement clients love.

For more information, visit https://mct-trading.com or call (619) 543-5111.

Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced the upcoming launch of MSRlive!, a powerful web-based platform designed to effectively support lenders' efforts to build, maintain and optimize their servicing portfolios.

Related link: https://mct-trading.com/

Secure Insight Creates National eClosing Training Program Using DocMagic’s Total eClose Solution

WASHINGTON, D.C. /ScoopCloud/ -- Secure Insight, a New Jersey-based data intelligence and vendor management firm, announced today at the MBA's Annual Convention & Expo that it teamed with DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, to develop and host an online training program to teach attorneys, title agents, notaries and other entities how to accomplish clear, compliant and completely paperless eClosing transactions.

Secure Insight noted that while lenders have made good progress installing digital mortgage point-of-sale solutions, it is just the initial step to implement a true eClosing solution. DocMagic developed Total eClose(TM), a comprehensive solution that enables a 100 percent paperless eClosing process from start to finish using a single-source vendor.

"Getting over the adoption hump starts with ease of use and adequate training so users feel comfortable conducting business within the eMortgage ecosystem," stated Andrew Liput, president of Secure Insight. "We partnered with DocMagic because their Total eClose solution is one of the easiest and most intuitive in the industry, which is conducive to adoption for title agents, attorneys and notaries to understand and leverage."

Secure Insight has an extensive database of more than 70,000 closing professionals that can take advantage of this vital training program, which provides the educational foundation that paves the way for their business practices to include eMortgages and eClosings. Lenders are increasingly seeking well-qualified professionals to work with and this wide-scale training program is poised to significantly move the adoption needle.

Company officials at Secure Insight say their ultimate goal is to become the industry's go-to resource for lenders to access settlement professionals who are well-trained in eClosings, similar to what the Nationwide Multi-state Licensing System & Registry (NMLS) provides for loan officers. Lenders can provide a list of approved title companies and Secure Insight then works to implement a common and consistent process for training on a national level.

Tim Anderson, director of eServices at DocMagic stated: "The new training program and centralized database will provide key information and knowledge for professionals about our industry-leading Total eClose technology and assist lenders in locating professionals who are qualified to leverage it for the benefit of consumers. Further, one of the primary issues it solves is that in a purchase market, lenders really don't choose the settlement professionals and typically don't have direct relationships with them either nor the dedicated resources to continually train them to effectively support full eClosings. The online training eMortgage Education Module helps alleviate this impediment."

The online training is officially set to launch on November 15, 2018 and will be available through a link on Secure Insight's website. To learn more, contact Secure Insight at info@secureinsight.com or (877) 758-7878.

About Secure Insight:

Secure Insight, the brand name of Secure Settlements, Inc., is the first company to offer a standardized risk management process and information database of fully risk-assessed mortgage closing professionals that protects consumers and lenders, reducing fraud and ensuring that federal regulatory requirements are met. Secure Insight monitors tens of thousands of title, settlement and real estate legal firms and professionals nationwide through proprietary technology and the mortgage industry's only National Settlement Agent Database. This database is accessed daily as a fraud prevention tool by state and federal banks, mortgage lenders and credit unions throughout the United States. For more information about Secure Insight please visit http://www.secureinsightsales.com/.

About DocMagic:

DocMagic, Inc. is the leading provider of fully-compliant loan document preparation, compliance, eSign, eDelivery and eMortgage solutions for the mortgage industry. Founded in 1987 and headquartered in Torrance, Calif., DocMagic, Inc. develops software, mobile apps, processes and web-based systems for the production and delivery of compliant loan document packages. The company's compliance experts and in-house legal staff consistently monitor legal and regulatory changes at both the federal and state levels to ensure accuracy. For more information on DocMagic, visit https://www.docmagic.com/.

Secure Insight, a New Jersey-based data intelligence and vendor management firm, announced today at the MBA's Annual Convention and Expo that it teamed with DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, to develop and host an online training program.

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

OpenClose Launches RESTful API Suite, Expanding Connectivity to Third Party Applications and Services

WEST PALM BEACH, Fla. /ScoopCloud/ -- OpenClose(R), an industry-leading multi-channel loan origination system (LOS) and mortgage fintech provider, announced the release of a RESTful API suite designed to offer its customers an easier, more cost effective and secure standardized solution to enable rich and deep direct interactions with their system of record from third party and home grown systems. The extensibility, scalability and security of the API suite ultimately reduces the cost to originate loans and establishes rich connectivity options to drive communications, processes and workflows.

"One of OpenClose's core goals is to create more efficient methods for our customers to conduct business, respond to changing market conditions and reduce the total cost to originate, close and sell loans," stated JP Kelly, president of OpenClose. "As our customers' business models evolve, new needs and requirements emerge that require flexibility and nimbleness to respond to changing marketplace conditions. Our RESTful API suite gives lenders the option to work with more third party service providers.

Additionally, OpenClose customers can connect their own homegrown solutions or work with other software providers to custom tailor the perfect solution for their needs."

OpenClose's RESTful API suite has been developed with a standardized methodology to enable implementation of direct integrations, seamless data exchange and execution of transactions. It creates simplicity, reliability, extensibility and better performance in totality. In addition, less maintenance is required and thus costs are lowered.

The API suite makes it quicker, simpler and more cost effective to integrate with disparate technologies, some of which are third party applications that are antiquated and previously required arduous and labor intensive development efforts.

OpenClose reports that its customers are already reaping the benefits of the RESTful API suite, successfully unifying their business-to-business data exchange and communications.

The company will be holding discussions at the Mortgage Bankers Annual Convention & Expo in its booth #700 from Oct. 14 - 16 at the Walter E. Washington Convention Center in Washington, D.C. Contact the company to meet at the conference: sales@openclose.com.

About OpenClose:

Founded in 1999 and headquartered in West Palm Beach, Florida, OpenClose(R) is a leading enterprise-class, multi-channel loan origination system (LOS) and fintech provider that cost effectively delivers its digital platform on a software-as-a-service (SaaS) basis. The company provides a variety of innovative, 100 percent web-based solutions for lenders, banks, credit unions, and conduit aggregators.

OpenClose's core solution, LenderAssist(tm), is comprehensive loan origination software that is completely engineered by OpenClose using the same code base from the ground up. The company offers a RESTful API suite that standardizes system-to-system integrations, making them easier to develop, quicker to implement and more cost effective.

OpenClose provides lending organizations with full control of their data and creates a truly seamless workflow for complete automation and compliance adherence.

For more information, visit https://www.openclose.com/ or call (561) 655-6418.

OpenClose, an industry-leading multi-channel loan origination system (LOS) and mortgage fintech provider, announced the release of a RESTful API suite designed to offer its customers an easier, more cost effective and secure standardized solution to enable rich and deep direct interactions with their system of record from third party and home grown systems.

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

DocMagic Teams with Several Southern California Non-Profit Groups and Organizations in Support of Breast Cancer Awareness Month

TORRANCE, Calif. /ScoopCloud/ -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that it has donated a shipment of its popular custom-made pink bunny slippers, which will be handed out at a blood drive event for Breast Cancer Awareness Month. Twenty percent of all donated blood will be given to cancer treatment and research.

The upcoming event is being hosted by Golden Heart LA, a non-profit organization dedicated to helping children who suffer from life-threatening diseases or disabilities, and IET Capital, a real estate financing firm. Hundreds of the soft, fuzzy slippers will be on hand; anyone who participates in the event is welcome to a pair as part of the fun spirited giveaway.

Founded in 1987 by Dominic Iannitti, DocMagic has had a long-time mascot named "Doc," a bunny that has become a recognizable part of DocMagic's brand within the mortgage industry. In 2016, the bunny slippers were officially introduced and handed out at a mortgage technology convention where they ended up being in surprisingly high demand. Over the years the slippers have grown in popularity.

"I was at a mortgage trade show and was asked by a cancer survivor if she could have a pair for a friend going through chemo and that's what spawned the idea to donate them to worthy causes," stated Margaret Wendt, a strategic business advisor and consultant for DocMagic. "Given that it is Breast Cancer Awareness Month, we wanted to offer participants, donors and volunteers at this important blood drive something fun to take home. If the pink slippers bring a simple smile to someone's face, then it's a win in our book."

Incidentally, IET Capital, a sponsor of the event, happens to be a mortgage originator and an actual end user of DocMagic's loan document preparation software, which is a widely utilized technology in the mortgage banking industry.

Event Details:
* What: a dual-purpose event to support Breast Cancer Awareness month and donate blood
* When: Saturday, October 13
* Time: 10 a.m. - 3 p.m. PDT
* Location: 8056 Telegraph Road, Suite A in Downey, CA 90240 - inside the Bloodmobile.

LifeStream says that it is proud to join local and national organizations to increase breast cancer awareness. To make a contribution or donate blood, people can show up at the event or contact LifeStream to make an appointment at 800-879-4484 or visit their website https://www.lstream.org/expresspass. For financial contributions, go to https://www.lstream.org/financial-gifts/.

To learn more about breast cancer, visit https://www.breastcancer.org/, which is a non-profit organization dedicated to providing the most reliable, complete, and up-to-date information about breast cancer.
Golden Heart LA can be found on Instagram @goldenheartla and IET Capital's website is https://ietcapital.com/.

About DocMagic:
DocMagic, Inc. is the leading provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions for the mortgage industry. Founded in 1987 and headquartered in Torrance, Calif., DocMagic, Inc. develops software, mobile apps, processes and web-based systems for the production and delivery of compliant loan document packages. The company's compliance experts and in-house legal staff consistently monitor legal and regulatory changes at both the federal and state levels to ensure accuracy. For more information on DocMagic, visit https://www.docmagic.com/.

DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that it has donated a shipment of its popular custom-made pink bunny slippers, which will be handed out at a blood drive event for Breast Cancer Awareness Month. Twenty percent of all donated blood will be given to cancer treatment and research.

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

MCT Adds Investors to Bid Tape AOT Tri-Party Agreement Automation in its Bid Auction Manager (BAM) Platform

SAN DIEGO, Calif. /ScoopCloud/ -- SAN DIEGO, Calif., Oct. 5, 2018 (SEND2PRESS NEWSWIRE) -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that new investor bid tape assignment-of-trade (AOT) loan sale executions are now available for sellers using its BAM whole loan trading platform. These new executions will benefit from automation of the required Tri-Party Agreement, significantly improving accuracy and efficiency for what is already a game-changing delivery option for the secondary market.

The most recent investor to announce the availability of a bid tape AOT program is Amerihome Mortgage Company, who began the process of opening the execution to approved sellers as of Monday, October 1, 2018. MCT is also proud to join PennyMac Loan Services' bid tape AOT pilot program, with a launch date for MCT mutual clients tentatively slated for October 8, 2018.

Offering a bid tape AOT loan sale delivery option has rapidly become a priority for leading correspondent investors. This new execution combines the granularity of price available via bid tape with the cash benefits of assigning the trade, which have historically been mutually exclusive.

According to MCT's Chief Operating Officer, Phil Rasori, "Under the right conditions, bid tape AOT offers a prescriptive economic value over other executions. For this and other reasons, we're seeing widespread interest and rapid adoption among our lender clients."

The benefits and challenges of these new bid tape AOT executions will be presented in a complimentary industry webinar hosted by Mr. Rasori on Thursday, October 11, 2018 at 11 a.m. PDT. Register: https://register.gotowebinar.com/register/1084824745332320258.

In August 2018, MCT released a first-of-its-kind technology to automate the Tri-Party Agreement required between lenders, investors, and broker dealers during AOT transactions in the secondary market. This requirement was one of the final hurdles in the AOT process. Manual completion of these agreements for each transaction was not only extremely inefficient, but it also introduced additional risk into the process via the potential for data entry discrepancies.

"Before the Tri-Party automation, I had to write in all the fields, print and attach all the confirms, sign, scan, and send for every AOT," said Andrew Stringer, Director of Secondary/Capital Markets at First Bank. "Without the Tri-Party automation, I probably wouldn't bother with bid tape AOT transactions very often, because the time cost might outweigh the pickup."

After beta testing bid tape AOT with select Wells Fargo sellers early in 2018, MCT rolled out the execution across their award-winning Bid Auction Manager(TM) (BAM) loan sale best execution platform in May. Lenders or investors interested in learning more about bid tape AOT executions are invited to join MCT for a complimentary industry webinar on Thursday, October 11 at 11 a.m. PDT hosted by Phil Rasori, COO. MCT will also be available for in-person meetings and demonstrations at the MBA's Annual Convention & Expo, held October 14-17, 2018 in Washington, D.C.

About MCT:

Founded in 2001, Mortgage Capital Trading, Inc. (MCT) has grown from a boutique mortgage pipeline hedging firm into the industry's leading provider of fully-integrated capital markets services and technology. MCT offers an array of best-in-class services and software covering mortgage pipeline hedging, best execution loan sales, outsourced lock desk solutions, MSR portfolio valuations, business intelligence analytics, mark to market services, and an award-winning comprehensive capital markets software platform called MCTlive!

MCT supports independent mortgage bankers, depositories, credit unions, warehouse lenders, and correspondent investors of all sizes. Headquartered in San Diego, California, MCT also has offices in Philadelphia, Santa Rosa, Los Angeles and Dallas. MCT is well known for its team of capital markets experts and senior traders who continue to provide the boutique-style hands-on engagement clients love.

For more information, visit https://mct-trading.com/ or call (619) 543-5111.

Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that new investor bid tape assignment-of-trade (AOT) loan sale executions are now available for sellers using its BAM whole loan trading platform.

Related link: https://mct-trading.com/

Mortgage Capital Trading Adds Multi-Factor Authentication to its MCTlive! Secondary Marketing Software

SAN DIEGO, Calif. /ScoopCloud/ -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that it has implemented multi-factor authentication (MFA) security protocols, which require multiple methods to verify a user's identity for logins and transactions.

"We live in an era where security sensitivities and breaches are increasingly common occurrences within organizations and their technology stacks," says Phil Rasori, COO at MCT. "In order to most effectively protect our clients, their data and transactions, we felt that it was a prudent time to implement MFA into our MCTlive! secondary marketing software as a logical safeguard in order to maintain high levels of security."

MCT's new MFA technology uses Google Authenticator for MCTlive! security where the user must not only log into the platform with their credentials, but also receive a unique code from their mobile device that expires after 30 seconds. In addition, MCTlive! password requisites have been strengthened.

MFA can be configured for particular MCTlive! users to be multi-factor, or for others to have simpler, quicker password access. MCT puts the ease of internal controls in the hands of the lender when it comes to user log on and security, which is very granular. In addition, detailed reporting can be easily produced at any time which timestamps each user's log in attempts and security methods used.

"The security of our borrowers' information is paramount for First Bank, particularly with data breaches seeming to become more and more common," stated Andrew Stringer, Director of Secondary/Capital Markets at First Bank, an MCT client. "Multi-factor authentication in MCTlive! adds an additional layer of protection that not only gives me peace of mind knowing our data is protected, but also demonstrates proactive ways our secondary department is mitigating risk for the bank."

Multi-factor authentication is the latest addition in MCT's ongoing effort to lead the secondary mortgage market toward stronger data security. In July of 2017, MCT launched its Bid Auction Manager (BAM) technology to migrate sensitive borrower data contained in bid tapes off of email to a secure platform. By October 2017, BAM had achieved 100 percent adoption among the investor community and was awarded PROGRESS in Lending Association's 2018 Innovation Award in April.

Lenders interested in improving data security with MCTlive! and BAM should schedule a consultation via screenshare or in-person at the MBA's Annual Convention & Expo in Washington, DC.

About MCT:

Founded in 2001, Mortgage Capital Trading, Inc. (MCT) has grown from a boutique mortgage pipeline hedging firm into the industry's leading provider of fully-integrated capital markets services and technology. MCT offers an array of best-in-class services and software covering mortgage pipeline hedging, best execution loan sales, outsourced lock desk solutions, MSR portfolio valuations, business intelligence analytics, mark to market services, and an award-winning comprehensive capital markets software platform called MCTlive! MCT supports independent mortgage bankers, depositories, credit unions, warehouse lenders, and correspondent investors of all sizes.

Headquartered in San Diego, California, MCT also has offices in Philadelphia, Santa Rosa, Los Angeles and Dallas. MCT is well known for its team of capital markets experts and senior traders who continue to provide the boutique-style hands-on engagement clients love.

For more information, visit https://mct-trading.com/ or call (619) 543-5111.

Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that it has implemented multi-factor authentication (MFA) security protocols, which require multiple methods to verify a user's identity for logins and transactions.

Related link: https://mct-trading.com/

Experienced Mortgage Technologist Mark Michel Joins Growing Team at OpenClose

WEST PALM BEACH, Fla. /ScoopCloud/ -- OpenClose(R), an industry-leading multi-channel loan origination system (LOS) and mortgage fintech provider, announced that it hired Mark Michel, an industry veteran in enterprise-level mortgage technology systems. Mark has an extensive track record of successful execution during his tenure at lending entities as well as mortgage technology providers. At OpenClose, he will serve as a software integration analyst where he will focus on the company's LenderAssist(TM) LOS, RESTful API suite, as well as other digital mortgage solutions.

Mark brings to OpenClose more than 15 years of experience as a subject matter expert in mortgage fintech. Before OpenClose, he was a senior product manager at Altisource where he was responsible for a next-generation LOS as well as a new POS portal, while also acting as a subject matter expert on all LOS integrations. Prior to that, Mark was a senior business consultant and project manager at Fiserv Lending Solutions for more than fifteen years.

In addition, he has held senior business analyst and project manager roles at banks, mega lenders and an investment firm focusing on outsourced technology solutions for mortgage originators, secondary market conduits and investors. This unique combination of lender and vendor experience arms him with highly sought after mortgage experience and is an extraordinary addition to the OpenClose Integration team.

"We are pleased to welcome Mark to the OpenClose family and know that he will have an immediate impact," said Jason Regalbuto, CEO/CTO of OpenClose. "Mark has a very rich, through-and-through background in the mortgage industry, working for both lenders and mortgage software firms. He's exactly the type of professional we like to hire to advance our enterprise. "

As a result of an increasing demand for OpenClose's multi-channel LOS and other digital mortgage solutions, OpenClose has made a number of new hires in nearly all functional areas during 2018 in order to effectively support new and existing customers.

About OpenClose:
Founded in 1999 and headquartered in West Palm Beach, Florida, OpenClose(R) is a leading enterprise-class, multi-channel loan origination system (LOS) and fintech provider that cost effectively delivers its digital platform on a software-as-a-service (SaaS) basis. The company provides a variety of innovative, 100 percent web-based solutions for lenders, banks, credit unions, and conduit aggregators.

OpenClose's core solution, LenderAssist(TM), is comprehensive loan origination software that is completely engineered by OpenClose using the same code base from the ground up, thus avoiding the problems that often accompany assembling best-of-breed applications or acquiring disparate technologies in an effort to create an end-to-end platform. The company provides lending organizations with full control of their data and creates a truly seamless workflow for complete automation and compliance adherence.

For more information, visit https://www.openclose.com/ or call (561) 655-6418.

OpenClose, an industry-leading multi-channel loan origination system (LOS) and mortgage fintech provider, announced that it hired Mark Michel, an industry veteran in enterprise-level mortgage technology systems.

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

Freddie Mac Expands eMortgage Solutions with DocMagic’s eVault Technology to Store and Control eNotes

TORRANCE, Calif. /ScoopCloud/ -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced today that Freddie Mac has implemented its SaaS-based eVault technology and SmartREGISTRY(TM) platform.

DocMagic's eVault provides a secure electronic repository for storing documents and performing automated eNote certification to Freddie Mac eMortgage lenders via Loan Selling Advisor(R). By automating the eNote certification process, Freddie Mac will speed the funding process, thereby improving liquidity in the mortgage markets and reducing lender's warehouse line costs.

"Freddie Mac is committed to streamlining the mortgage process for lenders and borrowers, and has been a leader in purchasing eMortgages since 2006," said Andy Higgenbotham, Freddie Mac's Single Family Chief Operating Officer. "We rolled out our automated certification process in 2015 to speed up the funding process, thereby improving liquidity in the mortgage markets and reducing lender's warehouse line costs. We are now expanding this process to include the DocMagic platform."

DocMagic's eVault provides safe and secure storage for sensitive loan documents. It also automatically parses and validates data in a SmartDoc eNote against data in the user's core system of record. Additionally, DocMagic's SmartREGISTRY platform enables holders of eNotes to securely transfer these electronic documents to other eVault systems, such as those used by investors, conduit aggregators and servicers. Ultimately, it facilitates real-time access, delivery, storage and much needed control of electronic loan files.

"Freddie Mac has been a long-time visionary and champion of eMortgages over the years and has made great strides with their unwavering commitment to automation across the supply chain," stated Dominic Iannitti, president and CEO at DocMagic. "Now, with the successful rollout of SmartDoc eNote data validation prior to funding, this demonstrates the advantages and a clear-cut ROI of going completely 'e.' We look forward to ongoing collaboration with Freddie Mac and to further adoption of the digital mortgage process."

Notable is that that Freddie Mac encourages the use of 'SMART' (securable, manageable, archivable, retrievable, transferable) eNotes because static documents do not contain source data, and thus make it difficult, costly and time consuming to confirm the data on documents match.

DocMagic established a process that guides lenders on how to begin using SmartDoc eNotes. The company's eVault technology is integrated with its Total eClose(TM) platform, which is a comprehensive eClosing solution that creates a 100 percent paperless digital mortgage process - from origination through eClosing, eWarehouse lending, investor eDelivery and eServicing.

About DocMagic:

DocMagic, Inc. is the leading provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions for the mortgage industry. Founded in 1988 and headquartered in Torrance, Calif., DocMagic, Inc. develops software, mobile apps, processes and web-based systems for the production and delivery of compliant loan document packages. The company's compliance experts and in-house legal staff consistently monitor legal and regulatory changes at both the federal and state levels to ensure accuracy. For more information on DocMagic, visit http://www.docmagic.com.

DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced today that Freddie Mac has implemented its SaaS-based eVault technology and SmartREGISTRY(TM) platform.

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

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.

Arshakian was promoted to her current role as Director of Lock Desk Operations at MCT in 2016, where she manages a team of 30 analysts to accommodate monthly lock volume upwards of $2 billion in residential mortgages distributed among 51 national clients.

Natalie first joined MCT` in 2012, being promoted multiple times from Analyst Trainee to Analyst, Senior Analyst, Supervisor, Manager, and now Division Director --- within just five and half years. She is well-versed in secondary marketing software, loan origination systems, product and pricing engines, and other third party applications. Notable is that the Lock Desk Division that Natalie operates has become the mortgage industry's largest outsourced lock desk service offering.

"I am honored to be named to this revered list and held in the same company with other San Diego-based businesspeople who are making a difference in their communities and at their organizations," stated Arshakian. "MCT has afforded me many unique opportunities to grow my skill sets and advance my career, and I am proud to be a part of the outstanding team supporting me to help expand the company and provide excellence in service to our clients."

Prior to MCT, Natalie worked as an Operations Supervisor of the Alternative Investments Division LPL Financial, the largest independent broker-dealer in the United States. She holds a bachelor's degree in political science from the University of California Los Angeles and speaks two languages.

"Natalie is a key member of our management team and our Lock Desk Division would not be the dominant player in the mortgage industry without her contributions," stated Chris Anderson, Chief Administrative Officer at MCT. "Put simply, she is one of those rare people that you can task with a project and know that it will be fully completed and done with excellence --- every time. We are grateful to have her on our team and proud that she has been recognized by SDBJ with this prestigious award."

The winners were honored by SDBJ and the San Diego business community at a ceremony held on Tuesday, August 14, 2018 at the Westin San Diego Gaslamp Quarter. A complete list of the winners and their backgrounds can be found at http://www.sdbj.com/next40finalists.

About MCT:

Founded in 2001, Mortgage Capital Trading, Inc. (MCT) has grown from a boutique mortgage pipeline hedging firm into the industry's leading provider of fully-integrated capital markets services and technology. MCT offers an array of best-in-class services and software covering mortgage pipeline hedging, best execution loan sales, outsourced lock desk solutions, MSR portfolio valuations, business intelligence analytics, mark to market services, and an award-winning comprehensive capital markets software platform called MCTlive!

MCT supports independent mortgage bankers, depositories, credit unions, warehouse lenders, and correspondent investors of all sizes. Headquartered in San Diego, California, MCT also has offices in Philadelphia, Santa Rosa, Los Angeles and Dallas. MCT is well known for its team of capital markets experts and senior traders who continue to provide the boutique-style hands-on engagement clients love. For more information, visit https://mct-trading.com/ or call (619) 543-5111.

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.

Related link: https://mct-trading.com/

Jody Collup of Global DMS Designated to MPA’s 2018 Elite Women in Mortgage List

LANSDALE, Pa. /ScoopCloud/ -- Global DMS, a leading provider of cloud-based valuation management software, announced that Jody Collup has been named to Mortgage Professional America (MPA) magazine's list of Elite Women in Mortgage for 2018. This is the second time that Collup has been honored with the award.

The Elite Women in Mortgage program recognizes successful women who are raising the bar on gender equality within the industry, making significant contributions, advancing their companies, and are consummate experts in their respective fields. MPA is now in its fifth year of offering the awards.

Jody has more than 25 years of successful marketing and management experience, with the bulk of her background being in the mortgage industry with a focus on technology. Since joining Global DMS in 2013, she has been instrumental in maturing the company's brand, successfully launching multiple new solutions and services, managing strategic alliances and partnerships, directing the marketing strategy, and also being very involved in the sales process as well as with large enterprise deals.

Currently, Jody has dual roles at Global DMS: she is the company's chief marketing officer, and also serves as it director of operations, where she where oversees the company's day-to-day operations, policies and procedures, budgeting, P&L, and long-term business strategy.

In early 2018, Jody helped launch Global DMS' EVO-Commercial (EVO-C) platform, a next-generation valuation management software solution for commercial lending. The end-to-end system delivers newfound flexibility, extreme configurability, speed and immense cost savings - replacing antiquated commercial lending technologies.

Over the years Jody has won multiple awards for her marketing prowess, contributions to the mortgage industry, and successes that she has had as a female executive making a difference in her field. She is an active member of the Mortgage Bankers Association, is involved with numerous industry focused trade shows and events, and serves as a regular technology thought leader in the mortgage media.

The complete list of winners can be found by visiting MPA's website: https://www.mpamag.com/rankings/elite-women-2018.

About Global DMS:

Founded in 1999 and headquartered in Lansdale, Pennsylvania, Global DMS is a leading provider of cloud-based commercial and residential real estate valuation solutions catering to lenders, servicers, AMCs, appraisers and other real estate entities. The company's solution set is cost effectively delivered on a software-as-a-service (SaaS) transactional basis that ensures compliance adherence, reduces costs, increases efficiencies and expedites the entire real estate appraisal process.

The company's solutions include its new EVO-Commercial (EVO-C) for commercial lending, eTrac valuation management platform for residential lending, eTrac WebForms, Global Kinex, AVMs, the MISMO Appraisal Review System (MARS), ATOM (Appraisal Tracking on Mobile), and AMCmatch.com. For more information, visit the company's web site http://www.globaldms.com/ or call (877) 866-2747.

About Mortgage Professional America:

Mortgage Professional America (MPA) is a trusted source of news, opinion and analysis created exclusively for the mortgage industry. The publication provides information to readers via its magazine, daily newsletter, and website. MPA is owned by Key Media, an international company that delivers relevant content through various multimedia channels in 6 geographical markets, which includes print, online, and events - operating 39 websites, 15 magazines, and more than 70 events globally. Visit MPA's website form more information at https://www.mpamag.com/.

Global DMS, a leading provider of cloud-based valuation management software, announced that Jody Collup has been named to Mortgage Professional America (MPA) magazine's list of Elite Women in Mortgage for 2018. This is the second time that Collup has been honored with the award.

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

MCT Integrates its MCTlive! Secondary Marketing Software with Freddie Mac for Automated Loan Sale Pricing and Commitment

SAN DIEGO, Calif. /ScoopCloud/ -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced new functionality that delivers real-time pricing and automates loan committing for Freddie Mac clients. MCT's lender clients receive the pricing information seamlessly via its integrated capital markets technology platform, MCTlive! MCT is the first vendor to have successfully completed the first commitment via Freddie Mac's new API technology.

After completing Best Execution Analysis and determining loans to be sold to Freddie Mac, lenders use Rapid Commit functionality which intelligently completes product selection and delivers commitments for all loans with a single click. MCTlive! Rapid Commit interfaces bi-directionally with Freddie Mac's Loan Selling Advisor system in real-time.

"We are proud to leverage the system-to-system Pricing and Commitment functionalities within the newly released Freddie Mac APIs," stated Phil Rasori, COO at MCT. "This integration is a significant step on our road map for increased technology collaboration with Freddie Mac for the benefit of our mutual lender clients."

MCTlive! Rapid Commit functionality speeds up the committing process, ensures data integrity, and optimizes best execution for all commitments. Working within MCTlive!, users leverage Rapid Commit to run initial best execution, confirm Freddie Mac eligibility, and analyze the optimal subset sizes and products to deliver as individual commitments. MCTlive! has converted a once manual process to a completely automated and efficient solution.

MCT and Freddie Mac look forward to continuing to collaborate for the benefit of mutual clients. Lenders interested in leveraging MCT Rapid Commit to improve their loan sale process should schedule a consultation.

About MCT:
Founded in 2001, Mortgage Capital Trading, Inc. (MCT) has grown from a boutique mortgage pipeline hedging firm into the industry's leading provider of fully-integrated capital markets services and technology. MCT offers an array of best-in-class services and software covering mortgage pipeline hedging, best execution loan sales, outsourced lock desk solutions, MSR portfolio valuations, business intelligence analytics, mark to market services, and an award-winning comprehensive capital markets software platform called MCTlive!

MCT supports independent mortgage bankers, depositories, credit unions, warehouse lenders, and correspondent investors of all sizes. Headquartered in San Diego, California, MCT also has offices in Philadelphia, Santa Rosa, Los Angeles and Dallas. MCT is well known for its team of capital markets experts and senior traders who continue to provide the boutique-style hands-on engagement clients love. For more information, visit https://mct-trading.com/ or call (619) 543-5111.

About Freddie Mac:
Freddie Mac makes home possible for millions of families and individuals by providing mortgage capital to lenders. Since our creation by Congress in 1970, we've made housing more accessible and affordable for homebuyers and renters in communities nationwide. We are building a better housing finance system for homebuyers, renters, lenders and taxpayers. Learn more at www.FreddieMac.com, Twitter @FreddieMac and Freddie Mac's blog.

Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced new functionality that delivers real-time pricing and automates loan committing for Freddie Mac clients. MCT's lender clients receive the pricing information seamlessly via its integrated capital markets technology platform, MCTlive!

Related link: https://mct-trading.com/

Mortgage Professional America Magazine Honors MCT’s Rhonda Beck, CMB with 2018 Elite Women in Mortgage Award

SAN DIEGO, Calif. /ScoopCloud/ -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that Rhonda Beck, CMB, has been designated to Mortgage Professional America (MPA) magazine's list of Elite Women in Mortgage for 2018. The annual awards recognize successful women who are raising the bar on gender equality within the industry, making significant contributions, advancing their companies, and are consummate experts in their respective fields.

Rhonda Beck, CMB, is a veteran of the mortgage industry who possesses more than 25 years of experience dedicated solely to the residential lending space. Since joining MCT as Regional Sales Director in early 2011, Rhonda has played a key role in helping grow the company's revenue among its lender clients and assisted with widespread adoption of its secondary marketing software, MCTlive! She has an extensive background in correspondent lending, warehouse lending, secondary marketing, loss mitigation, enterprise-level mortgage software, and more.

Throughout the course of her career, Rhonda has developed a reputation for forging strong business relationships with lending entities and a long-standing track record for expanding sales territories. She exemplifies an elite female who is dedicated to and passionate about working with mortgage lenders to make them as successful as possible.

Rhonda is an active member of the Mortgage Bankers Association and regularly speaks on industry panel sessions and roundtables to share her expertise in various areas of mortgage banking. Also of note is that she is the current Chairman of the 'CMB Society of the Carolinas.'

MPA's Elite Women in Mortgage program is now in its fifth year of offering the awards. The complete list of winners can be found by visiting the publisher's website: https://www.mpamag.com/rankings/elite-women-2018.

About MCT:

Founded in 2001, Mortgage Capital Trading, Inc. (MCT) has grown from a boutique mortgage pipeline hedging firm into the industry's leading provider of fully-integrated capital markets services and technology. MCT offers an array of best-in-class services and software covering mortgage pipeline hedging, best execution loan sales, outsourced lock desk solutions, MSR portfolio valuations, business intelligence analytics, mark to market services, and an award-winning comprehensive capital markets software platform called MCTlive! MCT supports independent mortgage bankers, depositories, credit unions, warehouse lenders, and correspondent investors of all sizes. Headquartered in San Diego, California, MCT also has offices in Philadelphia, Santa Rosa, Los Angeles and Dallas.

MCT is well known for its team of capital markets experts and senior traders who continue to provide the boutique-style hands-on engagement clients love. For more information, visit https://mct-trading.com/ or call (619) 543-5111.

About Mortgage Professional America:

Mortgage Professional America (MPA) is a trusted source of news, opinion and analysis created exclusively for the mortgage industry. The publication provides information to readers via its magazine, daily newsletter, and website. MPA is owned by Key Media, an international company that delivers relevant content through various multimedia channels in 6 geographical markets, which includes print, online, and events - operating 39 websites, 15 magazines, and more than 70 events globally. Visit MPA's website form more information at https://www.mpamag.com/.

Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that Rhonda Beck, CMB, has been designated to Mortgage Professional America (MPA) magazine's list of Elite Women in Mortgage for 2018.

Related link: https://mct-trading.com/