Tag Archives: SaaS and Cloud Software

Anow Closes 2018 with 110-percent Year-over-Year Increase in Orders Processed Through Its Digital Appraisal Office Management Technology

RED DEER, Alberta /ScoopCloud/ -- Digital appraisal management software developer Anow reported a record 110 percent year-over-year increase in appraisal orders processed through its core appraisal office management platform in 2018 despite an industry-wide, market-driven drop in orders per customer. The announcement follows a year punctuated by major product launches and enhancements as the growing firm continues to lead the appraisal industry in innovation.

"We're proud to put appraisal firms that use Anow light years ahead of their competition," said Anow Founder and President Marty Haldane. "In 2019, we'll continue to redefine the speed, efficiency and transparency with which appraisers work with mortgage lenders and other clients."

Just last month, Nations Valuations Services integrated Anow's appraisal management software into its AppraisalTRAX(TM) management system, fueling faster turn times for its 16,000-strong appraiser network and an improved experience for its mortgage lender customers.

In September, Anow filed patents to protect its proprietary mass collaboration technology, which enables teams of appraisers to radically reduce turn times by working simultaneously on appraisal reports and which Anow expects will power the next generation of bifurcated appraisal products.

Anow also filed patents on its proximity-based assignment system designed to improve the borrower experience and reduce friction in the inspection-setting process.

In August, the company announced its forthcoming Anow Enterprise, a platform for mortgage lenders that enables instant, on-demand appraisal booking and leverages artificial intelligence to pair lender deadlines and quality-control criteria with the best appraiser for the job based on availability, travel schedule and workload.

May 2018 saw the introduction of Anow Connect, a platform that connects appraisal firms directly with their customers via a branded, mobile-first portal that automates appraisal order acceptance, scheduling, status updates, file sharing, messaging, report delivery and payment collection.

Anow also rolled out over 4,100 feature enhancements designed to simplify the lives of appraisers and help make their businesses more efficient. These included significant enhancements to Anow's mobile appraisal and home inspection platforms; simplification of Anow's payment collections, payment processing and payroll systems; significant improvements to the APIs that facilitate integrations with Anow's partners; enhanced reporting; and architectural changes to accommodate the platform's growing volume of appraisers and orders.

Anow also added new capabilities that enable multiple appraisal companies to more seamlessly work together and gave users the ability to import work history into Anow.

Anow is currently accepting participants for a closed beta of its next appraisal software innovation, Anow NEXUS, which is being developed with input from the American Society of Appraisers (ASA), the National Association of Appraisers (NAA) and the Business Association of Real Estate Appraisers (BAREA). For more information, see https://anow.com/NAA.

ABOUT ANOW:

Anow is an appraisal management software developer that simplifies the way real estate appraisers manage their businesses. Launched in 2011 by multi-generational appraisal professional Marty Haldane, Anow streamlines a wide range of everyday appraisal processes while offering unmatched business insights to help appraisers compete in today's digital environment. Powerful order tracking, job assignment, collaboration and scheduling tools allow appraisers and administrative staff to save time, assign appraisals more easily and deliver exceptional service to clients and mortgage lenders from any web-enabled device. Advanced reporting enables business owners to manage fee competition and turn times with ease. Anow is headquartered in Red Deer, Alberta.

For more information, visit https://anow.com/.

Twitter: @AppraisersNow #DigitalAppraisal

Digital appraisal management software developer Anow reported a record 110 percent year-over-year increase in appraisal orders processed through its core appraisal office management platform in 2018 despite an industry-wide, market-driven drop in orders per customer.

Related link: https://anow.com/

Former loanDepot executive joins Cloudvirga as chief product officer

IRVINE, Calif. /ScoopCloud/ -- Cloudvirga(TM), a leading provider of digital mortgage software, announced it has appointed Tim Von Kaenel to the role of chief product officer. In this role, Von Kaenel will oversee product strategy, design and go-to-market planning for Cloudvirga's growing suite of digital mortgage point-of-sale products. Von Kaenel will report to Cloudvirga CEO Michael Schreck.

Von Kaenel has been driving product success at tech start-ups and Fortune 500 companies for more than 20 years. Immediately before joining Cloudvirga, Von Kaenel served as chief product officer at loanDepot, the nation's fifth-largest retail lender, where he drove technology strategy for the company's digital mortgage lending platform, mello.

Prior to his tenure at loanDepot, Von Kaenel led startups in the financial services, software and wireless broadcast sectors to several successful spin-outs and acquisitions as well as two initial public offerings. Von Kaenel co-developed and holds the patents for more than a dozen wireless broadcasting, RFID and information services tools.

"In today's competitive mortgage market, it is critical that lenders leverage technology that produces a tangible and lasting return on investment," said Cloudvirga CEO Michael Schreck. "I can think of no one better than Tim to fulfill Cloudvirga's commitment of 'delivering on the promise of tomorrow's digital mortgage today'."

"After working inside one of the nation's largest mortgage lenders, I know first-hand how much our industry needs a digital mortgage solution like Cloudvirga that turbocharges efficiency and delivers a first-class borrower experience," said Von Kaenel. "I'm excited to expand on the success of our Enterprise POS with the launch of a first-of-its-kind Broker POS in partnership with ARIVE."

Von Kaenel joins an award-winning executive team at Cloudvirga. In December, CEO Michael Schreck was honored with HousingWire's HW Vanguard Award. Company Co-founder Kyle Kamrooz was named 2018's Innovator of the Year by the Orange County Business Journal, and SVP of Product Management Josephine Yen was recently named a HousingWire Woman of Influence.

For a list of current job opportunities available at Cloudvirga, visit https://www.cloudvirga.com/company/careers/.

About Cloudvirga(TM):

Cloudvirga's digital mortgage point-of-sale (POS) software, powered by the intelligent Mortgage Platform(r), uniquely combines a world-class borrower experience with a truly automated lender workflow that radically cuts overall loan costs, increases transparency and reduces the time to close a loan. Led by top fintech veterans with a track record of building successful mortgage technologies, Cloudvirga's customer base includes nine of the top 40 non-bank mortgage originators. To date, Cloudvirga has raised over $77 million from some of the country's top lenders and private-equity firms.

For more information, visit https://www.cloudvirga.com/ or follow Cloudvirga on LinkedIn.

Twitter: @Cloudvirga #digitalmortgage #peoplemovers

Cloudvirga(TM), a leading provider of digital mortgage software, announced it has appointed Tim Von Kaenel to the role of chief product officer. In this role, Von Kaenel will oversee product strategy, design and go-to-market planning for Cloudvirga's growing suite of digital mortgage point-of-sale products. Von Kaenel will report to Cloudvirga CEO Michael Schreck.

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

Reaching New Heights: Aclaro adds AI Loan Repayment Risk Management Product to its Relationship-Building Tech Solutions

MIAMI, Fla. /ScoopCloud/ -- Aclaro, the leading provider and developer of Artificial Intelligence and Blockchain-based technology solutions, announces the launch of their newest Fintech App in conjunction with the opening of a new office in San Francisco, California.

The Aclaro Loan Repayment Risk Artificial Intelligence (AI) System was developed to predict the probability of payment default of a subprime loan and was officially released on December 10, 2018. The increase in demand for artificial intelligence/actionable solutions is transforming many facets of the day-to-day business and consumer activities and processes. Aclaro is at the forefront of helping the lending industry shift gears in order to adapt to these trends.

"Aclaro has provided us a lucid and a deeper understanding of the risks associated with our loan portfolio. The Aclaro Loan Repayment Risk System allows us to look at repayment risk on a daily basis. We now have the accuracy needed to make decisions based on timely facts and identify risks faster. Looking at risks such as loans that have a 90% of default with a 90%+ confidence level on a daily basis is a game changer for us and the industry!" said Ben Stefanovski, President of Tracir Financial Services.

Today's top companies are remaining profitable by finding new and innovative methods of optimizing their most valuable asset: Data. Aclaro Risk Management uses machine learning algorithms to analyze a lender's loan portfolio. The risk management system optimizes Artificial Intelligence and Big Data in order to calculate a risk score for each borrower in the portfolio. Key components include a full Web based Business Intelligence Front End solution and subsecond decisioning of an active loan.

It's based on a combination of 100+ individual variables associated with borrower, loan terms, insurance coverage, employment, and vehicle data, but Aclaro never utilizes information such as name, income, social security numbers or credit scores from a Credit Bureau in any of its processes.

Aclaro allows businesses to maximize their goldmine of customer data to make smarter decisions. It specifically helps lenders determine which borrowers are at risk of default.

"With the launch of this new risk management solution, Aclaro is disrupting the status quo of the market by providing lenders the high-level technological tools they need to compete in today's modern marketplace," said Farshad Fatouhi PhD, CTO of Aclaro, Inc.

Carlos Galarce, CEO of Aclaro added: "We're excited about adding this product to our 'Know Your Customer' Relationship Building Solutions Portfolio, and the opening of our third office in the San Francisco Bay area to keep up with the growing demand in the Fintech industry."

About Aclaro:

Based in Miami, Florida, Aclaro specializes in providing small and medium-sized businesses with Blockchain and Artificial Intelligence Technology. With these tools, companies can better optimize their customer experience, make better decisions, and make improvements in efficiency and cost savings.

Visit aclaro.io to learn more about the company and their innovative business solutions. If you would like to see their products in use, contact the sales team at +1-833-2ACLARO or visit: https://hubs.ly/H0fSK9G0

Aclaro, Inc., 78 SW 7th St., Suite 500, Miami, FL 33130, USA. Web: https://aclaro.io/

VIDEO (Vimeo):
https://vimeo.com/305801201

Aclaro, the leading provider and developer of Artificial Intelligence and Blockchain-based technology solutions, announces the launch of their newest Fintech App in conjunction with the opening of a new office in San Francisco, California.

Related link: https://aclaro.io/

SafeChain Named Outstanding Startup by Columbus Business First at 2018 BizTech Awards

COLUMBUS, Ohio /ScoopCloud/ -- SafeChain, the industry leader in wire fraud prevention software for land title, announced today that it was honored in the Outstanding Startup category at the 2018 BizTech Awards hosted by regional business publication Columbus Business First. The firm was one of three companies honored in the Outstanding Startup category of the fourth annual BizTech Awards.

"Columbus has been an exceptional location to launch SafeChain, and we are truly honored to have been recognized by Columbus Business First amongst the dozens of impressive technology firms in the Columbus area," said Tony Franco, CEO and co-founder of SafeChain. "The level of talent and local support for startups has been instrumental in SafeChain's early success, and we take great pride in our part in making Columbus a growing hub for innovation and entrepreneurship."

SafeChain was recognized for its wire fraud prevention platform SafeWire(TM) to secure real estate wire transfers, which leverages blockchain technology, as well as its work with the Franklin County Auditor's Office. In addition to helping the Auditor's Office complete the first blockchain-backed real estate transaction in the U.S., SafeChain continues to work the Auditor's Office to modernize the jurisdiction's record keeping by migrating the county's property records to blockchain.

"There are so many more applications for blockchain than simply cryptocurrency, and the real estate industry is a prime example of how this technology can improve a process that's nearly as old as the country itself," said SafeChain CTO and Co-Founder Robert Zwink. "Blockchain helps create a more secure and streamlined property transfer process, which enables real estate professionals to be more efficient and fulfill their ultimate purpose, which is to guide buyers and sellers through this highly complex and momentous transaction."

Columbus Business First launched the BizTech Awards to keep up the tradition of recognizing promising startups, entrepreneurs and innovations in Columbus. The event has been growing alongside the region's booming tech sector, and according to the publication, this year's award received a record number of nominations and an outstanding group of nominees.

To view the honorees of all of the 2018 BizTech Awards categories, visit https://www.bizjournals.com/columbus/biztech-awards.

About SafeChain:

SafeChain makes real estate transactions safer and simpler. Built by real estate title experts in collaboration with banking technologists, SafeChain tackles the inefficiencies of the buying and selling process from the inside-out to help title companies, mortgage bankers and realtors decrease costs and deliver a better experience for customers. Leveraging the most advanced technologies, including blockchain, SafeChain increases the speed and security of closings to deliver faster transactions and better consumer confidence. For more information visit https://www.safechain.io/.

SafeChain, the industry leader in wire fraud prevention software for land title, announced today that it was honored in the Outstanding Startup category at the 2018 BizTech Awards hosted by regional business publication Columbus Business First. The firm was one of three companies honored in the Outstanding Startup category of the fourth annual BizTech Awards.

Related link: https://www.safechain.io/

Nations Valuation Services Integrates Anow Appraisal Management Software to Accelerate Turn Times and Elevate Customer Experience for Mortgage Lenders

RED DEER, Alberta /ScoopCloud/ -- Nations Valuation Services (NVS), the appraisal services division of the Nations Companies, today announced the integration of appraisal management software from Anow with NVS' proprietary management system, AppraisalTRAX(TM).

According to NVS Executive Vice President of Operations Matthew Scott, all appraisals submitted by the AMC's more than 16,000 appraisers nationwide will run through Anow, allowing the entire NVS appraisal network to tap into the platform's powerful time-saving and collaboration features.

"NVS built its business as a leading national AMC by leveraging best-of-breed appraisal technology - an approach that has served us and our partners well," said Scott. "We spent a long time searching for a way to achieve a stronger level of communication with our appraisers across the country. Anow's consolidated platform really impressed us, because it allows appraisers to work with multiple clients through a single portal. That's incredibly valuable."

Appraisers face increasing pressure from lenders and AMCs to upgrade from a patchwork of legacy desktop applications to systems capable of delivering real-time communication, mass collaboration and a modern borrower experience. Mortgage lenders have already begun adopting digital processes from origination to closing in pursuit of efficiencies and loan quality improvements.

Anow enterprise software features the industry's first unified appraisal tracking platform from which appraisal businesses can efficiently manage orders, clients and fees. Built to drive dynamic appraisal businesses of every size and stripe, Anow allows fully customized workflows, automated status updates, end-to-end activity tracking, unlimited scalability and rapid setup. Anow's proprietary calendaring system enables smart, rapid response to mortgage lenders' "turn-on-a-dime" demands, matching the right appraiser with the right property to ensure that tight underwriting requirements and closing deadlines are met.

"Anow has been thoughtfully architected to enable firms like NVS to better communicate with appraisers and, in turn, offer vastly superior service to lenders," said Anow Founder and President Marty Haldane. "Appraisers that build their businesses around the mortgage industry's demands and cycles must work hand in glove with lenders' priorities, which typically are speed of job completion, quality of work and borrower satisfaction."

"Mortgage lenders are moving quickly to drive down overall turn times so they can lock and fund loans, and the appraiser is a key piece of that," said Scott at NVS. "Appraisers who adopt technology to make themselves more organized and efficient are going to be able to take on and manage more business, and they'll do so in a much less stressed environment."

"That's why we expect appraisers are going to love the Anow platform once they experience it. And based on the feedback of those on our panel already using it, it's the organization of their calendars and the ability to communicate in real time from a single place that has really sold them on how great this product is," Scott added.

For more information about Anow's appraisal management software, contact Keith@Anow.com or call 800-403-7121.

ABOUT ANOW:

Anow is an appraisal management software developer that simplifies the way real estate appraisers manage their businesses. Launched in 2011 by multi-generational appraisal professional Marty Haldane, Anow streamlines a wide range of everyday appraisal processes while offering unmatched business insights to help appraisers compete in today's digital environment.

Powerful order tracking, job assignment, collaboration, and scheduling tools allow appraisers and administrative staff to save time, assign appraisals more easily and deliver exceptional service to clients and mortgage lenders from any web-enabled device. Advanced reporting enables business owners to manage fee competition and turn times with ease. Anow is headquartered in Red Deer, Alberta. For more information, visit https://anow.com/.

ABOUT NATIONS VALUATION SERVICES (NVS)

Nations Valuation Services (NVS) is a division of Nations Companies, which is a diversified provider of real estate information services including: Appraisals, Title, and Default Services. Established in 1989, Nations Companies is one of the most successful and established national companies offering services to large banks and mortgage lenders in the U.S. With branches nationwide, Nations offers SSAE18 Security and technology such as XML exchange services. For more information, visit http://www.nationsvs.com/.

Twitter: @AppraisersNow @NationsVS

VIDEO (YouTube): https://youtu.be/-I29noeJSlM

Nations Valuation Services (NVS), the appraisal services division of the Nations Companies, today announced the integration of appraisal management software from Anow with NVS' proprietary management system, AppraisalTRAX(TM).

Related link: https://anow.com/

Bindable announces an investment round led by EPIC, Motive Partners and Wafra

BOSTON, Mass. /ScoopCloud/ -- Bindable, an insurance technology company whose goal is to transform the affinity distribution of insurance, today announced an investment from EPIC Holdings, the corporate parent overseeing investments across the entire EPIC platform, including EPIC Insurance Brokers & Consultants, and a Wafra advised fund, in conjunction with Motive Partners, a global private equity firm focused on investing in financial technology companies.

The investment will support Bindable's continued platform development and growth initiatives. In connection with the investment, Bindable and EPIC have entered into a commercial agreement where Bindable will provide a turnkey software solution to EPIC and its program and affinity business that will enable EPIC to better engage its customers through technology, product diversification and market growth.

Headquartered in Boston, Bindable has built a premier multi-product digital platform for insurance distribution through ecosystem and affinity channels. Bindable's software enables customized partner distribution and rapid market expansion for industry leaders and brands alike. Bindable has proven itself to be a highly differentiated solution through its client engagements with leading insurance companies, financial institutions, brokers and affinity groups.

Bill Suneson, Co-founder and CEO of Bindable, commented: "We've built our platform to transform the distribution of insurance through sponsored channels and we're pleased to partner with EPIC, Motive Partners and Wafra to not only support our vision but also provide the strategic capacity to help us drive that change. We seek to enable the insurance industry to better serve customers through preferred channels and this new capital will help us realize our vision."

John Hahn, CEO of EPIC Holdings, commented: "Our investment in Bindable reflects EPIC's continued interest in investing and partnering with technology-based solutions and platforms that help us transact our business more efficiently and effectively with our clients."

Scott Kauffman, Partner at Motive Partners, commented: "We believe Bindable has created a platform that is well positioned for rapid growth, as insurance carriers and brokerages increasingly rely on digital and tech-enabled distribution solutions. I look forward to working with Bill Suneson and John Hahn to help Bindable achieve our shared vision."

Greenberg Traurig served as legal advisor to Motive Partners and EPIC in connection with the transaction. Fenwick & West LLP served as legal advisor to Wafra in connection with the transaction. Osborn Maledon served as legal advisors to Bindable in connection with the transaction.

About Bindable:

Bindable is a full-stack, tech-enabled solutions provider built for modern insurance distribution. Through its MyLifeProtected and Policy Crusher(tm) platforms, Bindable offers insurance companies, intermediaries and affinity groups a comprehensive suite of digital products and software services designed to further engage and monetize their customers.
For more information, visit https://www.bindable.com/.

About EPIC Holdings:

EPIC Holdings is the corporate parent overseeing investments across the entire EPIC platform, which includes the firm's retail insurance brokerage and consulting business (EPIC Insurance Brokers & Consultants); programs, affinity, and MGA/MGU business, warranty and InsureTech Initiatives (EPIC Specialty Programs & Investments).

Led by CEO John Hahn and President Steve Denton, EPIC Holdings focuses on identifying and pursuing opportunities to invest in and acquire businesses across the EPIC platform. This includes expanding the firm's Program/MGA footprint, aggressively participating in the InsureTech revolution, and developing new, creative distribution ideas and concepts, while remaining focused on EPIC's vision and strategy to drive specialization across the entire organization. For additional information, please visit https://www.epicbrokers.com/.

About Motive Partners

Motive Partners is a sector-specialist investment firm that is focused on technology enabled companies that power the financial services industry. Based in New York and London and comprised of investors, operators and innovators, Motive Partners brings differentiated expertise, connectivity and capabilities to create long-term value in financial technology companies. For more information, visit https://www.motivepartners.com/.

About Wafra

Wafra and its advisory affiliates have discretionary and non-discretionary assets under management (including undrawn capital commitments) exceeding $23 billion (estimated as of June 30, 2018) and invest across a wide range of asset classes. In its pursuit of investments, Wafra seeks to connect its investors, partners and stakeholders to foster an exchange of ideas and innovations. For more information please visit https://www.wafra.com/.

Bindable, an insurance technology company whose goal is to transform the affinity distribution of insurance, today announced an investment from EPIC Holdings, the corporate parent overseeing investments across the entire EPIC platform, including EPIC Insurance Brokers & Consultants, and a Wafra advised fund, in conjunction with Motive Partners, a global private equity firm focused on investing in financial technology companies.

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

Edupoint Selects Lincoln Public Schools in Nebraska for Third Annual Partner for Life Award

MESA, Ariz. /ScoopCloud/ -- Edupoint(R) Educational Systems, creator of the industry-leading Synergy(R) Education Platform for K-12 student information and learning management, is pleased to announce that its 2018 Partner for Life Award has been awarded to Lincoln Public Schools in Lincoln, Nebraska.

Bob Weathers, Founder and CEO of Edupoint, presented the award at the Opening Session at the company's 2018 National Users Conference in Scottsdale, Arizona, on November 8.

Kirk Langer, Chief Technology Officer for Lincoln Public Schools, accepted on behalf of the district.

"Edupoint's credibility as a dependable and responsive partner was one of the key reasons Lincoln Public Schools chose to implement the Synergy Platform," Langer said. "We were also looking for a partner with a vision for the future, which Edupoint demonstrated with the Synergy Analytics and RTI modules that were in development when we signed on. Our district has been pleased to work with Edupoint not only in refining and extending our own Synergy implementation, but also as an early adopter helping to mold the newest Synergy modules to benefit all Synergy districts."

"Lincoln Public Schools has been an enthusiastic partner for Edupoint from the start, with a strong commitment to extending the use of Synergy functionality - including student information management, special education management, and assessment - to serve all stakeholders in the district," said Rob Wilson, President and Chief Innovation Officer of Edupoint. "Moreover, Lincoln also demonstrated a visionary engagement with the full Synergy Education Platform, embracing the platform's newest modules hand-in-hand with its established core modules. The Partner for Life award is our way of recognizing Lincoln and saying 'thank you' for the district's valuable contributions."

At the request of the district, the $5,000 award will go to Foundation for Lincoln Public Schools to be allocated through its Fund a Need program, which creates opportunities for students by funding field trips, providing technology to support creative approaches to teaching, and meeting other classroom needs not covered by tax dollars.

About Edupoint Educational Systems:

For over thirty years, the leadership of Edupoint Educational Systems has provided well-designed, technologically-advanced student data management systems that empower all K-12 stakeholders with the tools they need to improve student achievement. The fully-integrated Synergy(R) Education Platform includes Synergy(R) SIS, the most powerful K-12 student information system available today, Synergy(R) LMS, an all-in-one learning and assessment platform, Synergy(R) SE, a collaborative end-to-end special education data management system, and Synergy Analytics, a comprehensive data analysis solution for improving student performance and district administration.

Thousands of schools nationwide choose the Synergy Education Platform to support more than four million students, including 16 of the 100 largest school districts.

Learn more: http://www.Edupoint.com/.

Edupoint(R) Educational Systems, creator of the industry-leading Synergy(R) Education Platform for K-12 student information and learning management, is pleased to announce that its 2018 Partner for Life Award has been awarded to Lincoln Public Schools in Lincoln, Nebraska.

Related link: http://www.edupoint.com/

Former Roostify exec joins Cloudvirga as chief customer success officer

IRVINE, Calif. /ScoopCloud/ -- Cloudvirga(TM), a leading provider of digital mortgage software, today announced the appointment of Jesse Decker to the role of chief customer success officer. Decker will lead the company's customer success division and work collaboratively with its product development and marketing teams to help leading mortgage lenders leverage the full potential of Cloudvirga's revolutionary point-of-sale (POS) products.

Decker has more than two decades of experience overseeing enterprise technology transformations and customer success programs. Before joining Cloudvirga, she was vice president of client services at mortgage fintech Roostify, where she supported successful implementations at several banks and independent mortgage lenders. Previously, she served as a management consultant for Booz Allen Hamilton and other top-tier consulting firms, where she delivered advisory services to clients in financial services, telecommunications and other sectors.

"The cry for digital technology that meaningfully improves the customer experience and reduces the cost to produce a mortgage has never been louder," said Decker. "I'm thrilled to bring my experience helping major lending institutions implement transformative technology that delights customers to Cloudvirga, and I look forward to helping lenders take control over their margins in a tight market."

"Cloudvirga's obsession with solving the mortgage cost problem has resonated deeply with top lenders, igniting our rapid growth," said Cloudvirga CEO Michael Schreck. "We are proud to expand our senior team with an experienced leader who knows the digital mortgage space as well as Jesse does."

Since its founding just two years ago, Cloudvirga has grown to serve nine of the top 40 mortgage lenders in the United States with a rapidly expanding suite of digital mortgage solutions that includes its award-winning Enterprise POS, recently-launched Mobile POS and a highly anticipated Broker POS in partnership with ARIVE.

For a list of current job opportunities available at Cloudvirga, visit https://www.glassdoor.com/Jobs/Cloudvirga-Jobs-E1342665.htm.

About Cloudvirga(TM):

Cloudvirga's digital mortgage point-of-sale (POS) software, powered by the intelligent Mortgage Platform(R), uniquely combines a world-class borrower experience with a truly automated lender workflow that radically cuts overall loan costs, increases transparency and reduces the time to close a loan. Led by top fintech veterans with a track record of building successful mortgage technologies, Cloudvirga's customer base includes nine of the top 40 non-bank mortgage originators. To date, Cloudvirga has raised over $77 million from some of the country's top lenders and private-equity firms.

For more information, visit https://www.cloudvirga.com/ or follow Cloudvirga on LinkedIn.

Twitter: @Cloudvirga #digitalmortgage #peoplemovers

Cloudvirga(TM), a leading provider of digital mortgage software, today announced the appointment of Jesse Decker to the role of chief customer success officer. Decker will lead the company's customer success division and work collaboratively with its product development and marketing teams to help leading mortgage lenders leverage the full potential of Cloudvirga's revolutionary point-of-sale (POS) products.

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

Simplifile Adds 30 Northeastern, Mid-Atlantic Jurisdictions To E-recording Network

PROVO, Utah /ScoopCloud/ -- Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, today announced that 30 additional recording jurisdictions located in nine states throughout the Northeastern and Mid-Atlantic U.S. have joined Simplifile's e-recording network.

"With the addition of these new jurisdictions, Simplifile continues to expand its e-recording footprint throughout the U.S., enabling mortgage lenders, title and settlement professionals, and county recorders to electronically record and exchange documents with ease," said Simplifile President Paul Clifford.

"Our enthusiasm for onboarding new counties to Simplifile's e-recording platform only continues to grow as recording districts report back the multitude of ways in which Simplifile's platform has improved their record-keeping process."

The newest additions to Simplifile's e-recording network are:

* Town of Bolton, Conn.
* Town of Brookfield, Conn.
* Town of Enfield, Conn.
* Town of Lebanon, Conn.
* Town of Oxford, Conn.
* Town of North Canaan, Conn.
* Town of Simsbury, Conn.
* Washington County, Maine
* Allegany County, Md.
* Charles County, Md.
* Dorchester County, Md.
* Frederick County, Md.
* Garrett County, Md.
* Kent County, Md.
* Worcester County, Md.
* Barnstable Land Court, MA
* Plymouth County Land Court, Mass.
* Worcester North Land Court, Mass.
* Rockingham County, N.H.
* Union County, N.J.
* Hamilton County, N.Y.
* Delaware County, N.Y.
* Erie County, Pa.
* Butler County, Pa.
* North Cumberland County, Pa.
* Bath County, Va.
* Charles City, Va.
* Goochland County, Va.
* Henrico County, Va.
* Portsmouth City, Va.

More than 80 percent of the U.S. population lives in a recording district that uses Simplifile's e-recording platform. Simplifile gives counties the ability to securely review, stamp, record and return documents electronically, thereby reducing the amount of time it takes to process documents and saving office resources. To date, 1,862 jurisdictions participate in Simplifile's e-recording network.

To view a current list of all jurisdictions within the Simplifile e-recording network, visit https://simplifile.com/services/e-recording/e-recording-counties/.

About Simplifile:

Simplifile, the nation's largest e-recording network, was founded in 2000 to connect settlement agents and county recorders via its e-recording service. Today Simplifile has broadened its services to include collaboration tools and post-closing visibility for mortgage lenders and settlement agents working together on real estate documents. Through Simplifile, users can securely record, share, and track documents, data, and fees with ease.

To learn more, visit https://simplifile.com/ or call 800.460.5657.

Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, today announced that 30 additional recording jurisdictions located in nine states throughout the Northeastern and Mid-Atlantic U.S. have joined Simplifile's e-recording network.

Related link: https://simplifile.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/

Thrive Mortgage partners with Cloudvirga to give its loan officers an edge with consumers

IRVINE, Calif. /ScoopCloud/ -- Cloudvirga(TM), a leading provider of digital mortgage software, today announced that full-service mortgage lender Thrive Mortgage LLC (formerly Georgetown Mortgage) is deploying Cloudvirga digital mortgage technology to loan officers across its more than 50 branch locations nationwide. The lender expects 70 percent of its loan production will be powered by Cloudvirga technology by the end of the quarter.

The Cloudvirga Enterprise POS is the industry's most advanced digital mortgage platform. It combines a mobile-first experience for consumers with an enterprise platform that empowers loan officers to rapidly structure deals and collaborate with customers.

"The lenders that will 'thrive' in the new mortgage market will be those who find ways to completely transform how they do business," said Erin Dee, Director of Business Solutions for Thrive Mortgage. "Our partnership with Cloudvirga puts us in a strong position to serve our customers and business partners now and into the future."

"The mortgage industry is evolving rapidly, and companies that want to stay on top must stay ahead of it," said Cloudvirga Co-founder Kyle Kamrooz. "Cloudvirga helps fast-growing lenders like Thrive Mortgage reboot their mortgage factories to be smarter, swifter and more profitable."

Dee was a featured speaker at September's Digital Mortgage conference, where she spoke in a panel session titled "From Fool's Gold to Fully Realized: Digitizing the Mortgage Factory." During the panel, Dee spoke about the features that made Cloudvirga's digital mortgage technology the right choice for her organization.

"I love using technology to effectively improve the loan workflow for our clients and our sales teams alike," said Dee. "Cloudvirga's intelligent workflow, or iWorkflow, lets us build a system that is extremely powerful for the loan officer. This ensures a consistent, high-quality loan manufacturing process and a vastly simplified, more enjoyable experience for the customer."

Thrive Mortgage joins a growing list of leading mortgage lenders that have chosen Cloudvirga. In the last 45 days alone, Cloudvirga has announced deployments with American Financial Network, Fairway Independent Mortgage Corporation and Finance of America Mortgage.

To request a demo, visit https://calendly.com/cloudvirga or visit Cloudvirga's booth #455 at the MBA Annual Convention & Expo in Washington, D.C.

About Cloudvirga(TM):

Cloudvirga's digital mortgage point-of-sale (POS) software, powered by the intelligent Mortgage Platform(R), uniquely combines a world-class borrower experience with a truly automated lender workflow that radically cuts overall loan costs, increases transparency and reduces the time to close a loan. Led by top fintech veterans with a track record of building successful mortgage technologies, Cloudvirga's customer base includes eight of the top 40 non-bank mortgage originators. To date, Cloudvirga has raised over $77 million from some of the country's top lenders and private-equity firms.

For more information, visit http://www.cloudvirga.com or follow Cloudvirga on LinkedIn.

About Thrive Mortgage:

Thrive Mortgage is a rapidly growing mortgage lender based in Georgetown, Texas. Since its inception in 2001 as a regional lender focused on Central Texas, the company experienced increasing origination growth as well as national exposure and numerous accolades. In 2018, the company simply outgrew its origins and rebranded to a more nationally-recognizable name: Thrive Mortgage. Currently, the company is licensed to do business in fourteen states with aggressive expansion plans underway into several strategic market areas in the very near future.

The first lender in the State of Texas to complete a 100 percent digital mortgage, Thrive Mortgage is continually at the forefront of innovation and seeking out ways to enhance the client experience through technological advancements. he strength of Thrive Mortgage is in its people, from the front-line originators strategizing with clients for their long-term financial success, to the operational support teams creating a seamless and efficient loan manufacturing process with a personal touch. This is the reason why they say, "Alone we dream. Together we Thrive!"

For more Information, please visit us at https://www.thrivemtg.com.

Branch NMLS ID# 268552. Equal Housing Lender.

Twitter: @Cloudvirga @ThriveMortgage #MBAAnnual18

software, today announced that full-service mortgage lender Thrive Mortgage LLC (formerly Georgetown Mortgage) is deploying Cloudvirga digital mortgage technology to loan officers across its more than 50 branch locations nationwide. The lender expects 70 percent of its loan production will be powered by Cloudvirga technology by the end of the quarter.

Related link: http://www.cloudvirga.com/

FormFree and LoanBeam Partner to Automate Income Extraction and Calculation for Mortgage Lenders

ATHENS, Ga. /ScoopCloud/ -- Automated verification provider FormFree(R) has partnered with LoanBeam(R), the leader in automated income extraction and calculation, to make it easy for mortgage lenders to solve two of their toughest underwriting challenges: collecting digital borrower financial data directly from the source and calculating qualified income with accuracy, consistency and efficiency.

AccountChek(R) by FormFree is an automated asset verification service that enables borrowers to demonstrate their ability to repay loans by sharing financial data directly with lenders instead of mailing, faxing or emailing traditional asset account statements. AccountChek delivers asset data to lenders in a standardized report along with a ReIssueKey that enables secure and streamlined sharing with the secondary market.

LoanBeam will use AccountChek source data to provide the qualified income calculations lenders need to underwrite and sell mortgages to Fannie Mae, Freddie Mac and third-party investors. The partnership will enable lenders to collect digital asset, income and employment data from borrowers in a quick, 3-minute session for significant cost savings and reduction in turn times 9-20 days on average.

"FormFree makes lending simpler, safer and faster by streamlining the loan origination process and providing better intelligence on borrowers' ability to pay," said FormFree founder and CEO Brent Chandler. "We're delighted to work with LoanBeam on a comprehensive income analytics solution that ensures accuracy through the use of direct-source digital data."

"LoanBeam's partnership with FormFree is about leveraging each of our core assets to enable simple, secure and truly transformative delivery of digital financial data and qualified income calculations for our mutual customers," said Kirk Donaldson, LoanBeam's CEO. "Our integrated platform is a solution for every loan, not just loans with complex tax returns, and gives lenders the investor-accepted, highly accurate qualified income calculations they need to underwrite and portfolio or sell mortgage loans with confidence."

About FormFree(R):

FormFree is a fintech company whose market-leading AccountChek(R) reports are used by hundreds of lenders nationwide to verify borrower assets, employment and income in minutes. With FormFree, lenders can delight customers with a paperless experience and reduce origination timelines by up to 20 days. FormFree offers automated analysis and standardized delivery to lenders and their investors using a secure ReIssueKey(TM). To date, AccountChek has securely placed more than one million asset reports for over 1,000 U.S. lenders. A HousingWire TECH100(TM) company for four consecutive years, FormFree is based in Athens, Georgia. For more information, visit https://www.formfree.com or follow FormFree on LinkedIn.

About LoanBeam:

Navesink Mortgage Services LLC (NMS) and its two subsidiaries, LoanBeam and Appraisal Fee Services (AFS), provide residential mortgage lenders and mortgage services consolidators with software solutions that automate tax return analysis and provide a secured and regulatory compliant payment solution.

LoanBeam, the standard in automatic income calculation and verification, leverages big data partners, advanced scanning technologies, and patented algorithms to reduce multiple streams of income into a single, easy-to-read electronic output. LoanBeam saves lenders time and money while improving accuracy. LoanBeam is based in Dallas, Texas. For more information, visit https://loanbeam.com.

Twitter: @FormFree @LoanBeam #MBAAnnual18

Automated verification provider FormFree(R) has partnered with LoanBeam(R), the leader in automated income extraction and calculation, to make it easy for mortgage lenders to solve two of their toughest underwriting challenges: collecting digital borrower financial data directly from the source and calculating qualified income with accuracy, consistency and efficiency.

Related link: https://www.formfree.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/

Simplifile Completes West Virginia’s First E-recording Transaction

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

"Until recently, West Virginia had been one of the few remaining holdouts on e-recording adoption. That has now changed," said Simplifile president, Paul Clifford. "Now that other counties within the state can witness the added efficiency and reduced costs e-recording provides, we expect to see adoption ramp up significantly. We stand ready to help additional West Virginia recording jurisdictions make the switch, joining the more than 1,800 counties in Simplifile's e-recording network."

The closing attorney for the transaction submitted the documents via Simplifile's E-recording platform to the Monongalia County recorder's office on Thursday, Aug. 23. Due to the nature of West Virginia's recording process, the verified and recorded documents were returned to the closing attorney the next business day. This represents a significant improvement over Monongalia County's previous, paper-based process.

As Monongalia County Clerk Carye Blaney told The Dominion Post: "Once Simplifile accepts the document, it's moved over to our portal. We review it, and once we record it, Simplifile deposits the money we need into our records and deals with the submitter. We don't have to worry about bounced checks. We don't have to worry about not having the proper amount for the recording. All those issues are solved because it's handled before it ever gets to us ... We've been working on this for quite some time. Most other states in the nation have been electronically recording, and have been for years. West Virginia has been a lone holdout, so we've really been working to get ourselves into a position to do that."

To see which jurisdictions are part of Simplifile's e-recording network, visit https://simplifile.com/services/e-recording/e-recording-counties/.

About Simplifile:

Simplifile, the nation's largest e-recording network, was founded in 2000 to connect settlement agents and county recorders via its e-recording service. Today Simplifile has broadened its services to include collaboration tools and post-closing visibility for mortgage lenders and settlement agents working together on real estate documents. Through Simplifile, users can securely record, share, and track documents, data, and fees with ease.

To learn more, visit https://simplifile.com/ or call 800.460.5657.

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

Related link: https://simplifile.com/

Edupoint Enters Alaska with the Matanuska-Susitna School District’s Selection of Synergy Education Platform

PALMER, Alaska /ScoopCloud/ -- Matanuska-Susitna Borough School District (MSBSD) selected Edupoint(R) Educational Systems to implement the district's industry-leading Synergy(R) Education Platform. The district's Synergy solution will include the full suite of Synergy modules - Synergy Student Information System, Synergy Learning Management System with RTI/MTSS and Assessment, Synergy Special Education, and Synergy Analytics. MSBSD is the second-largest school district in Alaska, serving approximately 19,000 students across 47 schools near Anchorage.

"Our vision was to acquire a new SIS that was modern and responsive, would evolve with technology changes and the changing needs of K-12 education, and would help us improve efficiency and optimize our costs while continuing to prepare all students for success," said Justin Michaud, Senior Program Manager, IT, at MSBSD.

"Our other goal was finding a company that would partner with us strategically. When you take students, staff, and parents into account, our new system will touch over 30,000 people, so we needed a partner that would work with us over time to continue meeting our users' diverse and growing needs. We determined that Edupoint would be the best partner to ensure that we can do that."

With Synergy Education Platform, MSBSD will be launching not just a powerful SIS, but a comprehensive ecosystem that will enable users to seamlessly manage everything from core student data to special education processes, with online registration, learning and assessment management, RTI/MTSS management, in-depth, interactive analytics, and engaging web and mobile portals for parents and students.

The role-based mobile apps included with Synergy - ParentVUE, StudentVUE, TeachverVUE, AdminVUE, HealthVUE, CounselVUE, and SE VUE - will enable the district to provide an innovative mode of access for end users and to better serve families who depend on mobile devices rather than computers.

The MSBSD Evaluation Team selected Synergy following a request for proposal (RFP) process that included a competitive two-day product evaluation and gathered input from a 30-person focus group of subject matter experts from across the district.

"Matanuska-Susitna Borough School District needed a forward-thinking data management solution with broad functionality and found that in Synergy Education Platform," said Rob Wilson, President and Chief Innovation Officer at Edupoint. "We are pleased to be partnering with Mat-Su for the long term to support student success and look forward to welcoming additional Alaska districts to the Synergy family."

About Edupoint Educational Systems:

For over thirty years, the leadership of Edupoint Educational Systems has provided well-designed, technologically-advanced student data management systems that empower all K-12 stakeholders with the tools they need to improve student achievement. The fully-integrated Synergy(R) Education Platform includes Synergy(R) SIS, the most powerful K-12 student information system available today, Synergy(R) LMS, an all-in-one learning and assessment platform, Synergy(R) SE, a collaborative end-to-end special education data management system, and Synergy Analytics, a comprehensive data analysis solution for improving student performance and district administration.

Thousands of schools nationwide choose the Synergy Education Platform to support more than four million students, including 16 of the 100 largest school districts.

Learn more: http://www.edupoint.com/.

Matanuska-Susitna Borough School District (MSBSD) selected Edupoint(R) Educational Systems to implement the district's industry-leading Synergy Education Platform. The district's Synergy solution will include the full suite of Synergy modules - Synergy Student Information System, Synergy Learning Management System with RTI/MTSS and Assessment, Synergy Special Education, and Synergy Analytics.

Related link: http://www.edupoint.com/

IDS Develops Fresh MortgageFlex Integration to Support Latest MISMO Standards

SALT LAKE CITY, Utah /ScoopCloud/ -- Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it has built a brand new interface with mortgage loan origination and servicing technology provider MortgageFlex Systems that operates on the MISMO(R) Version 3.3 data standard. Developing a new integration based on this advanced data standard ensures joint IDS-MortgageFlex customers are able to fully comply with a host of regulatory requirements that operate off the MISMO Version 3.3 standard, including TRID 2.0 and the Uniform Mortgage Data Program (UMDP).

"One of the keys to ensuring a seamless, user-friendly experience for our clients is developing and maintaining integrations with the industry's leading LOS platforms," said IDS Vice President and General Manager Mark Mackey. "Re-building our integration with MortgageFlex to MISMO 3.3 sets our mutual clients up for success in October when TRID 2.0 goes live while also providing a more updated data standard from which they can operate for the foreseeable future."

An IDS partner since 2014, MortgageFlex supports retail, wholesale and correspondent lending channels through its MortgageFlexONE Origination platform. By utilizing a blind interface with IDS's flagship mortgage document preparation platform idsDoc, joint users are able to complete all document preparation functions within MortgageFlexONE Origination, ensuring it remains the system of record throughout the transaction and eliminating potential data transfer errors.

In addition, MortgageFlexONE users also have access to additional functionality within idsDoc from the MortgageFlexONE Origination platform, including hybrid eClose and eSign capabilities and a full range of state and federal compliance audits.

"Developing a MISMO 3.3 document interface was important to us. We believe that building a lights out integration with a leading partner like IDS and using MIMSO 3.3 will only benefit our current and future clients," said Craig Bechtle, executive vice president and Chief Operating Officer at MortgageFlex. "We all know that the new loan application will require extensive data changes and we feel comfortable that we have addressed a big part of that migration."

About MortgageFlex Systems:

MortgageFlex Systems was founded in 1980 in Jacksonville, Fla. for one reason - to simplify mortgage lending. After 38 years, we're still focused on the mortgage industry and dedicated to providing lenders with smart software solutions. Our mission is to provide retail, wholesale, and correspondent channels with the most cost-effective LOS and servicing software. Our services include 24/7 support, hosting, managed services, and implementation. MortgageFlex Systems looks to cultivate a strong partnership and is dedicated to helping reach your optimal potential with our LOS, MortgageFlexONE - 'The New Peak of Efficiency.' http://www.mortgageflex.com/ (904) 356-2490

About IDS, Inc.:

IDS, a Reynolds and Reynolds company, was founded in 1986 in Salt Lake City, Utah, and is a nationwide provider of mortgage documents and compliance. IDS services include electronic signatures, closing documents, initial disclosures, document fulfillment and integration with leading loan origination systems and eClosing platforms. The IDS flagship doc prep solution, idsDoc, is recognized in the industry for its ability to be customized to meet specific lender needs, particularly in regards to major industry compliance changes. (https://info.idsdoc.com/)

Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it has built a brand new interface with mortgage loan origination and servicing technology provider MortgageFlex Systems that operates on the MISMO Version 3.3 data standard.

Related link: https://info.idsdoc.com/

FinKube, Plaid Offer Webinar on Digital Lending

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

The free webinar on Thursday, October 18, 2018 at 2 p.m. ET will provide tips and best practices to help loan originators adopt financial technology (fintech) at the point-of-sale to attract borrowers and offer fast pre-qualifications.

"Speed is critically important to today's borrowers, and lenders that respond quickly and then pre-qualify quickly will win more business," said Jorge Sauri, founder and CEO of FinKube. "Our point-of-sale technology was designed to allow lenders to use the best tools available to win more business. Plaid is an excellent example of a company that is using fintech to speed up the loan process. In this webinar, we'll find out how every lender, regardless of size, can harness this power and deliver this speed."

Plaid's suite of products streamlines account authentication and drives efficiencies throughout the lending process. When using Plaid's digital asset verification product at the point-of-sale, loan originators can boost application completion rates and reduce time to close. Additionally, Plaid is a Day 1 Certainty(tm) asset verification report supplier for Fannie Mae Desktop Underwriter(r), which offers peace of mind to lenders by providing rep and warrant relief on verified loan components. Fannie Mae has seen loans with assets validated through the DU validation service close 17 percent faster on average.

FinKube is the creator of ELSA, which stands for Electronic Loan Services Assistant. ELSA is the financial services industry's first AI assistant that uses machine learning to enhance the loan process from origination to close. ELSA can gather borrower information, render decisions, automate time-consuming tasks, and help lenders produce fully compliant mortgage loans in as few as 20 days.

Learn more about ELSA at: https://finkube.com/product/elsa-mortgage-software/.

To register for the free webinar, visit the website: http://bit.ly/2xSUFlg

About Plaid:

Plaid is a financial technology platform that enables applications to connect with users' bank accounts. Headquartered in San Francisco, Calif., Plaid focuses on lowering the barriers to entry in financial services by making it easier and safer to use financial data. The team builds beautiful consumer experiences, user-friendly infrastructure, and intelligence tools that give everyone the ability to develop the future of financial services. For more information, visit https://plaid.com.

About FinKube:

FinKube with ELSA (E-Loan Support Assistance) is a human in the loop automation (IA) cloud lending platform that makes offering the digital mortgage experience easy. Adaptive technology with the only AI-powered cognitive, industry-specific chatbot all built on a private cloud infrastructure gives lenders affordable access to industry-leading tools that allow them to compete with the nation's largest lenders. ELSA learns and adjusts to any origination model, chats with consumers to gather information and provide services, and provides lenders with the industry's most flexible solution to meet their own lending needs. In short, FinKube offers Adaptive technology with the Cognitive functionality required to take lenders Digital.

For more information, visit the company's website at https://finkube.com/.

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

Related link: https://finkube.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/

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

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

The integration works inside Total eClose(TM), DocMagic's comprehensive end-to-end eClosing solution. It allows customers to initiate eNotarizations using NotaryCam's remote service with just a few clicks, thus extending the convenience of a fully online eClosing experience through notarization - the final step in loan closing - without any hard stops or papering out.

"More and more states are permitting remote online notarization and as they do, we can expect to see consumer demand and expectation for remote eNotarizations to grow," said Dominic Iannitti, president and CEO of DocMagic. "This integration allows DocMagic customers to meet consumer demand without any delays, which is a big part of our value proposition for all DocMagic products."

The Mortgage Bankers Association has been collaborating with the American Land Title Association (ALTA) to prepare model legislation that would provide a framework for any state to adopt remote online notarization processes.

"Mortgage eClosings have progressed incrementally, and both DocMagic and NotaryCam have been pioneers and champions in the adoption the industry has achieved-so this integration is a natural fit," said Rick Triola, founder and CEO of NotaryCam. "Our companies are very similar in what we deliver: the industry's most flexible and customer-friendly experiences, backed by unfaltering accuracy, data integrity and compliance. We are looking forward to moving the industry forward, together."

Prior to the addition of NotaryCam, DocMagic's Total eClose solution supported eNotarizations by leveraging in-person notaries equipped with electronic notary signing technology, which it will continue to offer in addition to remote online notarizations, where permitted. Both DocMagic and NotaryCam are approved eMortgage technology vendors with the GSEs, having passed an extensive approval process.

About NotaryCam:

NotaryCam is the leader in online notarization and mortgage eClosing solutions. After pioneering the world's first entirely online mortgage closing in 2012, career real estate executive Rick Triola founded NotaryCam in 2014. NotaryCam has since helped hundreds of thousands of customers get documents notarized online from anywhere in the world while maintaining the industry's highest customer satisfaction rating. NotaryCam's patented eClose360 platform facilitates 100%-online mortgage closings and provides unparalleled identity verification, security and customer convenience. 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 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, and NotaryCam(R), the leader in online notarization solutions, announced an integration that eliminates the need to wet-sign loan documents in the physical presence of a notary by allowing loan documents to be quickly and compliantly eNotarized online.

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

Yes Siri, TeamSnap for iOS Has Been Optimized with Siri Shortcut Functionality

BOULDER, Colo. /ScoopCloud/ -- TeamSnap, the household name in integrated sports management, announced today that its popular iOS app has been fully upgraded for iOS 12 delivering full Siri Shortcut functionality.

TeamSnap users with the latest iOS app now can simply ask Siri, Apple's popular intelligent assistant, for updates and details on upcoming games and practices to help them manage busy sports schedules. TeamSnap's Siri Shortcut was built with a custom user interface and is currently available on the iOS 12 operating system, working across devices including iPhone, iPad, Apple Watch and Apple HomePod.

The highly anticipated debut of TeamSnap's Siri Shortcut comes after the popular youth sports app was featured at Apple's Worldwide Developer Conference in June.

"Apple has been incredibly supportive in helping TeamSnap connect with our users," said Dave DuPont, co-founder and CEO, TeamSnap. "Our development team looks to the latest industry development for inspiration and the innovative Siri Shortcuts is changing the way Apple users operate their daily lives.

"The new voice activated functionality is a perfect enhancement to TeamSnap's offerings and will make organizing and attending events easier than ever. We look forward to having Siri compliment the TeamSnap experience and help millions of users navigate their busy sports schedules with simple phrases."

Users with an upcoming game or practice, for instance, can ask Siri a next event phrase such as, "Siri, what's next on TeamSnap?" Siri will tell the user the name of the next event, as well as the time, date, location, their position, how many players are attending and if they need to mark their availability. Siri will display the weather, map, estimated time of arrival, the lineup and player assignments (i.e. what to bring).

TeamSnap is the number one sports team management app. The iOS app has garnered a remarkable approval rating from TeamSnap's loyal users, ranking as high as the #2 app in the sports category with more than 80,000 users giving an average 4.8 star rating.

TeamSnap's app debuted in the Apple App Store in 2010 and has quickly become a must-have app for more than 20 million coaches, administrators, players and parents to schedule, communicate and coordinate everything for the team, the club and the season.

About TeamSnap:

Founded in 2009 and headquartered in Boulder, Colo., TeamSnap has taken the organization of youth, recreational and competitive sports into the 21st century. 20 million coaches, administrators, players and parents use TeamSnap's web and smartphone apps to sign up, schedule, communicate and coordinate everything for the team, the club and the season. TeamSnap makes organizing sports as simple as click, tap and go. For more information, please visit https://www.teamsnap.com/.

TeamSnap, the household name in integrated sports management, announced today that its popular iOS app has been fully upgraded for iOS 12 delivering full Siri Shortcut functionality.

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

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

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

"Just this year, the number of Mississippi jurisdictions that have adopted Simplifile's e-recording platform has more than doubled," said Simplifile President Paul Clifford. "Smaller and more rural counties operating on restrictive budgets especially stand to benefit from joining Simplifile's e-recording network.

"The service is absolutely free of cost to all recording jurisdictions and ultimately saves counties money by significantly decreasing postage, ink and envelope expenses. We're glad to see more counties in the Southeast join Simplifile's e-recording network."

The newest additions to Simplifile's e-recording network are:
* Ashley County, Ark.
* Bradley County, Ark.
* Grant County, Ark.
* Johnson County, Ark.
* Ouachita County, Ark.
* Van Buren County, Ark.
* Calhoun County, Fla.
* Collier County, Fla.
* Baker County, Ga.
* Cobb County, Ga.
* Dougherty County, Ga.
* Jenkins County, Ga.
* Spalding County, Ga.
* Treutlen County, Ga.
* Lafayette Parish, La.
* Calhoun County, Miss.
* Itawamba County, Miss.
* Monroe County, Miss.
* Pontotoc County, Miss.
* Prentiss County, Miss.
* Tishomingo County, Miss.
* Graham County, N.C.
* Rutherford County, N.C.
* Greenwood County, S.C.
* Chesterfield County, S.C.
* Jasper County, S.C.
* Johnson County, Tenn.
* Madison County, Tenn.
* McNairy County, Tenn.

Simplifile recently announced that nationally, more than 50 percent of recording jurisdictions are now using its e-recording platform to review, stamp, record, and return documents electronically, making it the largest recording district in the country. To date, 1,842 jurisdictions participate in Simplifile's e-recording network.

To view a current list of all jurisdictions within the Simplifile e-recording network, visit https://simplifile.com/e-recording-counties.

About Simplifile:

Simplifile, the nation's largest e-recording network, was founded in 2000 to connect settlement agents and county recorders via its e-recording service. Today Simplifile has broadened its services to include collaboration tools and post-closing visibility for mortgage lenders and settlement agents working together on real estate documents. Through Simplifile, users can securely record, share, and track documents, data, and fees with ease.

To learn more, visit https://simplifile.com/ or call 800.460.5657.

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

Related link: https://simplifile.com/

IDS Completes TRID 2.0 Updates to Mortgage Document Preparation Platform

SALT LAKE CITY, Utah /ScoopCloud/ -- Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it has completed modifications to its flagship mortgage document preparation platform idsDoc related to TRID 2.0.

The changes, which went live in idsDoc earlier this month, include updates to the rounding and truncation of percentages, Loan Estimate (LE) Estimated Cost Expiration date inputs, the availability of Alternative LE/Closing Disclosure (CD) forms for simultaneous subordinate financing, disclosure of seller paid fees and principal reductions, and data entry for the Summary of Transactions and Liabilities and Payoffs. In addition, TRID 2.0-related updates were also made to the LE/CD and Totals pages within idsDoc, as well as the 1003 and Construction Lending sections.

"While the next iteration of TRID doesn't represent quite the sea change that the October 2015 rule did, there are still quite a few elements in TRID 2.0 that will change how lenders operate day-to-day, and we feel confident that the modifications we've made to idsDoc will help smooth our clients' transition to TRID 2.0," said IDS Vice President and General Manager Mark Mackey. "If they have not already done so, we highly encourage our clients to make themselves familiar not only with the amendments to the TRID rule, but also the corresponding changes with idsDoc prior to October 1 to ensure a successful implementation."

In addition to the document-related changes outlined above, TRID 2.0 also closes the "black hole" created by the initial version of the rule, thus allowing lenders, in certain instances, to reissue a CD to reset tolerances after the original CD was issued.

"With TRID 2.0, the Consumer Financial Protection Bureau has offered some much-needed clarity on the issue of under what circumstances lenders can re-issue the CD without penalty," Mackey added. "This, along with the other rule clarifications contained in TRID 2.0, should give lenders greater certainty that they are operating within both the letter and spirit of the regulation."

IDS clients can find additional information on TRID 2.0, including webinar recordings and other documentation, under the "Resources" tab in idsDoc. Non-IDS clients wishing to gain access to these materials should contact can contact marketing@idsdoc.com.

About IDS, Inc.

IDS, a Reynolds and Reynolds company, was founded in 1986 in Salt Lake City, Utah, and is a nationwide provider of mortgage documents and compliance. IDS services include electronic signatures, closing documents, initial disclosures, document fulfillment and integration with leading loan origination systems and eClosing platforms. The IDS flagship doc prep solution, idsDoc, is recognized in the industry for its ability to be customized to meet specific lender needs, particularly in regards to major industry compliance changes. (https://info.idsdoc.com/)

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

Related link: https://info.idsdoc.com/

FormFree unveils NextGen at Digital Mortgage conference in Las Vegas

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

New features of NextGen include:
* A fully customizable API-enabled environment that enables a revolutionary asset retrieval experience for borrowers and loan teams

* Advanced income and employment analytics that combine borrower asset data with other data points to increase confidence in borrower ability-to-pay conclusions

* PDF bank statements to satisfy FHA and non-QM loan documentation requirements.

FormFree also announced the introduction of a custom workflow designed to serve mortgage brokers and wholesale lenders, a segment of the mortgage market that has historically been underserved by digital mortgage technology.

"FormFree has always been the leader in the first-mortgage retail space," said Brian Francis, chief technology officer for FormFree. "Now, with the capabilities of our NextGen platform, we're proud to deliver a tailored experience for the entire wholesale channel, from the mortgage broker to the wholesale lender all the way up to the secondary market."

FormFree integrates with over 100 mortgage technology platforms, including loan origination systems, point-of-sale platforms and collaboration portals. Fannie Mae chose FormFree as its first designated vendor for asset validation as part of Day 1 Certainty(tm), and FormFree is currently in pilot for Single Source Validation, an enhancement to Fannie Mae's DU validation service that will let lenders obtain asset, income and employment validation from one automated report.

For more information about NextGen, visit https://www.formfree.com/accountchek.

About FormFree(R):

FormFree is a fintech company whose market-leading AccountChek(R) reports are used by hundreds of lenders nationwide to verify borrower assets, employment and income in minutes. With FormFree, lenders can delight customers with a paperless experience and reduce origination timelines by up to 20 days. FormFree offers automated analysis and standardized delivery to lenders and their investors using a secure ReIssueKey(tm). To date, AccountChek has securely placed more than one million asset reports for over 1,000 U.S. lenders. A HousingWire TECH100(tm) company for four consecutive years, FormFree is based in Athens, Georgia.

For more information, visit https://www.formfree.com/ or follow FormFree on LinkedIn.

@FormFree #digmortgage18 #accountchek #day1certainty

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

Related link: https://www.formfree.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/

TRK Connection Upgrades Mortgage QC Loan Sampling Functionality within Insight RDM, Adds Predictive Loan Quality Analytics

SALT LAKE CITY, Utah /ScoopCloud/ -- TRK Connection (TRK), a leading provider of mortgage quality control (QC) and origination management solutions, announced it has enhanced the loan sampling functionality and added predictive analytics to its Insight Risk & Defect Management (RDM) mortgage QC audit platform.

These new capabilities enable Insight users to engage in more intelligent discretionary loan sampling, preventing over-selection of files for review and providing better control over sample size while meeting all discretionary loan target criteria.

"Loan sampling is a critical component of the QC process, and the more lenders are able to fine-tune their selection of loans for review, the better insights they'll receive regarding loan quality," said Jeremy Burcham, EVP of TRK Connection. "Additions like intelligent loan sampling and predictive analytics ensure Insight RDM continues to deliver every tool imaginable to aid lenders in reducing their repurchase risk and improving their loan quality."

Using a lender's historical loan samples and defect trending data, Insight RDM optimizes the discretionary sampling process to ensure the loans selected for review are representative of the lender's historical pipeline, which helps keep lenders compliant with their investor approved quality control plan's loan sampling requirements.

Insight RDM allows clients to identify key areas for discretionary audits based on trending defects to provide lenders with proactive capabilities to remedy loan production issues as soon as possible. Further, Insight users can now also conduct predictive reporting on future loan quality performance based on their historical data, allowing them to understand the effect of loan quality issues from the start.

"While it is nearly impossible to prevent errors from creeping into the loan origination process, it is possible, with the right tools, to anticipate those defects and detect them as early in the process as possible," Burcham added. "In addition to creating a more streamlined and efficient QC audit process, Insight RDM helps lenders harness the loan quality data already at their disposal to create additional layers of defense against loan defects to ensure investors receive loans that are as pristine as possible."

About TRK Connection:

Founded in 2013, TRK Connection prides itself on its ability to develop technologies that allow businesses to surpass their organizational needs and meet their business objectives. As an innovator in the mortgage origination and quality assurance space, TRK continues to develop and refine solutions geared to promote and strengthen the loan origination process, pre/post-close loan audits and the defect remediation process.

Currently, TRK offers solutions that support Mortgage Audit & Quality Control (Insight Risk & Defect Management(TM)), Loan Origination Vendor Management (Core Connect(TM)), Complete LOS Connectivity Platforms and more. For more information, visit http://trkconnection.com.

TRK Connection, a leading provider of mortgage quality control (QC) and origination management solutions, announced it has enhanced the loan sampling functionality and added predictive analytics to its Insight Risk & Defect Management (RDM) mortgage QC audit platform.

Related link: http://trkconnection.com/

Maxwell Advances Mortgage Experience with the Release of Maxwell ApplyID – The Next Generation Loan Application and Enrichment API

DENVER, Colo. /ScoopCloud/ -- Digital mortgage leader Maxwell today announced the release of Maxwell ApplyID(TM), its next generation mortgage loan application and data enrichment API. The new release will enable clients - from brokers to national mortgage lenders - to pre-populate loan application data and develop new customer intelligence capabilities.

The Maxwell ApplyID API unifies a consumer's data fragments from a host of sources into a structured loan application, enabling data-driven organizations to quickly build profiles of their customers. By collecting their consent and verifying the consumer's identity with their mobile carrier, Maxwell ApplyID gathers the borrower's information from its network of data providers to pre-populate fields in a loan application including personal information, employment history, income, real estate owned, financial assets and more. With this new API, clients receive a completed Fannie Mae 3.2 file with minimal input from a consumer.

Along with the release of the ApplyID API, Maxwell's next generation loan application is the first consumer-facing experience built on the API. This new experience enables lenders of all sizes to dramatically streamline the lengthy loan application process by leveraging the API's intelligent data-collecting technology. ApplyID completely transforms the loan application experience, shortening what was once an arduous form into a small number of simple questions.

"We are committed to looking for every opportunity to minimize the complexity and friction in the mortgage process," said Maxwell CEO John Paasonen. "Maxwell ApplyID accomplishes this by dramatically simplifying the application process, reducing the time it takes a borrower to begin a relationship with their lender. Furthermore, as an API, it fully enables data-driven organizations to optimize their businesses and processes in a new way."

Recently named a winner of HW's Tech 100 for the second straight year, on the heels of receiving Progress in Lending's Innovation Award, Maxwell leverages proprietary algorithms built on its network of data aggregated across loans to enable lenders to accelerate the mortgage lending process from application to underwriting. Today, hundreds of lenders across the United States use Maxwell to close loans more than 45 percent faster than the national average.

About Maxwell:

Maxwell empowers mortgage lenders to be more connected, productive and successful by intelligently automating their workflow with homebuyers and real estate agents. The platform is used by hundreds of mortgage lenders, banks and community lenders nationwide to serve their customers. Founded in 2015, Maxwell is a member of the Mortgage Bankers Association and The Mortgage Collaborative and is proud to be built in Denver, Colorado.

Connect with Maxwell:
- https://www.himaxwell.com
- https://www.facebook.com/maxwellHQ
- https://twitter.com/ilovemaxwell

Digital mortgage leader Maxwell today announced the release of Maxwell ApplyID(TM), its next generation mortgage loan application and data enrichment API. The new release will enable clients - from brokers to national mortgage lenders - to pre-populate loan application data and develop new customer intelligence capabilities.

Related link: https://himaxwell.com/

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

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

"The national ALTA Registry is a unique real estate utility created specifically for mortgage lenders," said Paul Martin, ALTA's Registry director. "We're pleased to offer this tool to SafeChain as it looks to deliver innovative products to its customers. The emergence of the ALTA Registry as an effective and easy to use source of data and information comes at the perfect time to help counter the alarming increase in wire fraud."

ALTA launched the ALTA Registry in 2017 as the first national database of title insurance agents and settlement companies. In addition to contact information and branch locations for agents and title companies, each ALTA Registry listing also includes a title agent or real estate attorney's unique seven-digit ALTA ID. As most real estate wire fraud schemes involve spoofing the identity of the title and/or settlement agent involved in transaction, the ability to verify the identity of these individuals using the ALTA ID and contact information contained within the ALTA Registry provides added assurance that lenders are interacting with legitimate parties to the transaction.

"With wire fraud on the rise, everyone in the real estate transaction - lenders included - must increase their level of vigilance to maintain the integrity of the process," said Tony Franco, SafeChain co-founder and CEO. "Integrating the ALTA Registry ALTA ID into SafeWire enhances the level of security we're able to provide to all parties, bringing us one step closer to completely eliminating fraud in the wire transfer process."

Learn more about the ALTA Registry by visiting https://www.altaidregistry.org/.

About ALTA:

The American Land Title Association, founded in 1907, is a national trade association representing more than 6,200 title insurance companies, title and settlement agents, independent abstracters, title searchers, and real estate attorneys. ALTA members conduct title searches, examinations, closings, and issue title insurance that protects real property owners and mortgage lenders against losses from defects in titles.

About SafeChain:

SafeChain makes real estate transactions safer and simpler. Built by real estate title experts in collaboration with banking technologists, SafeChain tackles the inefficiencies of the buying and selling process from the inside-out to help title companies, mortgage bankers and realtors decrease costs and deliver a better experience for customers. Leveraging the most advanced technologies, including blockchain, SafeChain increases the speed and security of closings to deliver faster transactions and better consumer confidence. For more information visit http://www.safechain.io.

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

Related link: https://www.safechain.io/

Advalent Launches Network 360 to Drive Multi-Dimensional Provider Performance in Value-Based Care Contracting

WESTBOROUGH, Mass. /ScoopCloud/ -- Advalent, a market-leading healthcare technology company focusing on payer solutions announced today the launch of a new network contracting and analytics product - Network 360(TM). Designed for payers and risk bearing healthcare providers, Network 360 is a breakthrough analytics platform that analyzes network, enables value-based contracting, and manages both upside and downside risk.

The new SaaS, cloud-based platform facilitates multi-dimensional provider performance assessment across quality, risk score adjustment (RAF) accuracy, cost, care and utilization to drive both short-term and long-term financial and clinical improvements in a format that is finally easy to use, understand, take action on.

Network 360(TM) proprietary analytical models enable decision makers to analyze network adequacy and assess overall population risk to devise the right value-based contracting and downstream provider arrangements to enable high performing provider collaboration programs. The platform's architecture leverages advanced bi-directional EMR connectors that not only consume EMR data, (in CCD/HL7/FHIR formats) but feeds actionable member insights into a provider's daily workflow.

The platform manages provider attribution and analyzes population/panel/member costs. It also utilizes trends, such as applicable risk and quality measures (RAF, HEDIS, and STARs) to create optimized care plan variations to assist providers in closing gaps and improving their overall performance.

"We are pleased to be one of the first healthcare technology companies to unlock the actionable insights required for plans to effectively and impactfully make the transition from fee for service to fee for value," said Brian Lichtlin CEO of Advalent.

"At Advalent, we believe that successful value-based programs hinge on a contracting team's ability to easily understand and target the provider characteristics that drive successful outcomes at reasonable prices in any region, for any specialty, and for any patient demographic group By finally delivering a tool that network contracting teams love, that also supports providers in care improvement, Advalent empower plans across the country to not only pay for value, but to create (nurture) it."

"With increased focus on value based contracting whether due to emerging MIPS/MACRA guidelines on the CMS end or the programs undertaken by leading private payers and health systems, it is extremely important for payers and provider groups to identify actionable ways to measure and improve provider performance," said Dr. Phani Kallakuri, Senior Medical Director. "Network360 allows holistic provider/network evaluation and provides ways to significantly improve network efficiencies by leveraging top performers and supporting low-performers through the right provider collaboration strategies."

The availability of Network 360(TM) platform will give providers more inclination to evolve from fee-for-service payment models to value-based care contracts. In fact, a recent study from Quest Diagnostics found 87 percent of physicians say they are likely to use a tool that provides on-demand, real-time, patient-specific data to identify gaps in quality, risk and utilization as well as medical history insight within clinical workflow. Network 360 gives analytical insights and develops actions plans to address these variations across members, providers and facilities (*Note 1).

About Advalent:
Advalent was founded in 2013 with the mission to advance core-administration technology used by Payer, Payviders and ACOs to compete in value-based care. They have created flexible, easy-to-use solutions that enable payers with the automation needed to increase operational efficiencies across multiple lines of business including Commercial, Medicaid, Medicare Advantage and Commercial Risk. Advalent has created a platform-as-a-service for the most complex value-based products to respond in real-time as the industry continues its push towards value-based care. More information: https://www.advalent.com/

(*Note 1) http://newsroom.questdiagnostics.com/2017-06-06-New-Study-Physicians-Lack-the-Right-Tools-to-Close-Costly-Gaps-in-Healthcare

Advalent, a market-leading healthcare technology company focusing on payer solutions announced today the launch of a new network contracting and analytics product - Network 360(TM). Designed for payers and risk bearing healthcare providers, Network 360 is a breakthrough analytics platform that analyzes network, enables value-based contracting, and manages both upside and downside risk.

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

On Q Financial Selects LBA Ware’s CompenSafe to Improve Accuracy and Efficiency of Mortgage Loan Originator Commission Calculations

MACON, Ga. /ScoopCloud/ -- LBA Ware(TM), a leading provider of automated compensation software and systems integration solutions for mortgage lenders, today announced that Arizona-based On Q Financial has selected CompenSafe(TM) to manage the numerous compensation plans created for its team of loan originators (LOs) nationwide.

"We have approximately 200 mortgage consultants, and with all the slight nuances across multiple states and teams, even the slightest differentiation results in a unique set of calculations. That is insanely difficult to manage without some sort of automation," said Scott Frommert, CFO at On Q Financial. "LBA Ware tackled this complexity without problem or hesitation and was able to incorporate all the intricacies and nuances of our comp plans into CompenSafe. Any lender that's looking to scale and grow needs a tool like CompenSafe."

CompenSafe connects seamlessly with On Q Financial's loan origination system (LOS) to extract real-time loan pipeline data and automatically calculate compensation for On Q Financial's commission-based mortgage sales and production staff. This real-time tracking of LO commissions enables On Q Financial to reduce the time needed to reconcile the company's books each month, saving the independent mortgage lender dozens of hours each month and reducing the potential for commission calculation errors.

In addition, as a web-based platform, CompenSafe gives LOs and other commission-based staff the ability to see where they are trending from a commission standpoint at any given time. This provides mortgage sales and production staff with transparency into the commission calculation process, thus instilling greater confidence in the accuracy of those calculations.

"Our old process involved taking a screenshot of the spreadsheet we were using to track commissions and e-mailing it to staff for review and approval. In addition to the room for human error, it also required a lot of back-and-forth," Frommert said. "CompenSafe allows them to physically sign in, see their reports directly and drill into the data, which leverages technology to everyone's benefit. The experience for our staff is faster. It's obviously more accurate, and the report layout is much more professional and readable than a home-built spreadsheet report."

"Efficiency, accuracy and transparency should all be givens when it comes to LO compensation calculations, especially for a lender like On Q Financial that relies on its comp plan flexibility to attract and retain top talent. However, those goal are hard to achieve when using a manual solution like spreadsheets," said Lori Brewer, founder and CEO of LBA Ware. "With CompenSafe in place, those goals are all but guaranteed, enabling lenders like On Q Financial to re-direct internal resources to more pressing concerns, like managing expenses to reduce the overall cost-to-originate and driving sales staff performance to boost volume and profitability."

About On Q Financial:
On Q Financial's passion is to simplify the mortgage process to make the dream of home ownership a reality. The Dream is INCLUSIVE. There is nothing like the joy, comfort, and security that comes from owning a home and On Q takes great pride in knowing they helped over 10,000 families achieve the dream last year. As a top 50 mortgage lender with over 650 employees and 80 locations, On Q brings MORTGAGES SIMPLIFIED(TM) nationwide. With innovative technology, an inclusive platform, and cutting-edge services and products, On Q has all of the ingredients to make the home mortgage process simpler, faster, and stronger. For more information, visit https://onqfinancial.com.

On Q Financial, Inc., is an Equal Housing Lender (NMLS 5645).

About LBA Ware:
Founded in 2008, LBA Ware's mission is to inspire opportunity by delivering solutions that are essential to the way mortgage companies operate. We are a trusted partner and play a key role in our clients' success by enabling them to motivate, incentivize and better leverage the human potential within their organization. Our applications automate traditionally manual business processes for which an existing software solution does not exist, empowering lenders to create an integrated software environment that maximizes their productivity and operational efficiency. For more information about LBA Ware and their software solutions, visit https://lbaware.com.

LBA Ware(TM), a leading provider of automated compensation software and systems integration solutions for mortgage lenders, today announced that Arizona-based On Q Financial has selected CompenSafe(TM) to manage the numerous compensation plans created for its team of loan originators (LOs) nationwide.

Related link: https://lbaware.com/

PitBullTax Institute Organizes Its Second User Conference – Tax Resolution Expert Program

FORT LAUDERDALE, Fla. /ScoopCloud/ -- PitBullTax Institute, an educational branch of the well-established IRS Tax Resolution Software, organizes its Second PitBullTax User Conference: "Tax Resolution Expert Program." It will take place on September 20-21-22, 2018 at the Hilton Fort Lauderdale Beach Resort. This conference is designed exclusively for existing and potential users of PitBullTax Software.

The First User Conference held in May 2018 was a huge success; that is why PitBullTax Institute decided to go further and provide tax representatives with even more advanced tools to become a Certified Expert User of PitBullTax Software and finely tune their tax resolution skills.

Software demonstrations will saturate the entire three days of the conference to address even more topics than at its first conference. Therefore, users will have a hands-on approach on how to utilize PitBullTax Software more efficiently.

To address growing interest of its audience, two additional classes are introduced at the Second User Conference. One will teach tips and techniques on how to fight enforcement collection activities such as federal tax liens, bank levies and wage garnishments. This new class coincides with the introduction by PitBullTax Software of three new IRS Forms used for withdrawal, discharge and subordination of the federal tax liens.

The second new class will present practitioners with the winning methods of attracting new tax resolution clients. There is also a bonus marketing class "The 7-Figure Tax Resolution Practice Blueprint" presented by the guest speaker and marketing guru Michael Rozbruch, will undoubtedly peak the attention of the conference attendees.

All participants of the PitBullTax User Conference will get printed course materials including a complete software manual with screenshots and step-by-step instructions. Multiple case studies are updated for the Second User Conference and will be covered in detail during the classes.

Because PitBullTax Institute is an approved continuing education provider by the IRS and NASBA, CPAs and Enrolled Agents will get CPE and CE credits for this 3-day program. Tax Resolution Expert Program combines theory, practice and cutting-edge technology to save tax representatives countless hours on every case and increase their profits dramatically and immediately. Novices and pros alike will greatly benefit from this exclusive conference by gaining and upgrading tax resolution knowledge, earning CPE/CE credits and increasing business efficiency and profitability. As a special bonus, all attendees, including support staff, will become Certified Expert Users of PitBullTax Software. Tax representatives will get complete training on the extensive platform and learn all the tips and the hidden gems in this comprehensive software. For one program you get two certificates!

The PitBullTax User Conference is organized for CPAs, Enrolled Agents and Tax Attorneys who want to efficiently learn and master the techniques of the Tax Resolution specialty while becoming experts in the most cutting-edge software platform available today.

Tax representatives are invited to enjoy a beachfront vacation with a family while gaining new skills and learning how to make their tax resolution practices more profitable! PitBullTax active licensees receive discounts on conference registration and preferred prices on the ocean view rooms at the Hilton.

Get more information about the event at https://institute.pitbulltax.com/.

Learn more about PitBullTax Software at: https://www.pitbulltax.com/

PitBullTax Institute, an educational branch of the well-established IRS Tax Resolution Software, organizes its Second PitBullTax User Conference: "Tax Resolution Expert Program." It will take place on September 20-21-22, 2018 at the Hilton Fort Lauderdale Beach Resort. This conference is designed exclusively for existing and potential users of PitBullTax Software.

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

‘Easy as a handshake’ deal closing-platform, heymate, launches testable alpha version, Sept. 5, 2018

ZUG, Switzerland /ScoopCloud/ -- Heymate, a deal-closing platform which will allow micro-entrepreneurs to easily create, close and administer secure professional contracts within 20 seconds, launched their testable product on Sept. 5, 2018, available via invitation on Android and iOS smartphones. The heymate app is the first product of the heymate platform, which is operated by Blockchain Applications AG.

Heymate (*note 1) is a mobile app for the global gig economy that offers freelancing micro-entrepreneurs (e.g., millennials, part-timers, retirees, etc.) a deal-closing tool that allows them to create, advertise and close on professional-quality offers for work or goods to be sold/rented.

Currently, micro-entrepreneurs in the "help wanted" or "for sale or rent" ecosystem have to rely on slow and outdated methods of terms and conditions negotiations, such as phone calls or emails, for their work. The mobile app will streamline this planning process for micro-entrepreneurs by integrating offer terms and negotiation into an easy to manage and understand e-contract. Once both parties agree to the terms, the deal is closed, stored on the blockchain and becomes a legally enforceable peer-to-peer contract.

"Heymate's goal is to make peer-to-peer deal-closing as simple and trustful as the good-old fashioned handshake," said heymate's founder and CEO, Philipp Toth.

The heymate app also guarantees micro-entrepreneurs are paid for their work. According to a study by Tipalti (*note 2), 73 percent of micro-entrepreneurs would be willing to leave a marketplace due to issues with receiving on-time and correct payment for their work. Heymate protects its users by escrowing payments upon contract agreement, ensuring that once the legally binding terms and conditions agreed upon by both parties are met, the predetermined payment will be sent to the worker on time.

Once the app has developed its customer base, heymate plans to integrate a variety of worker benefits, such as insurances, loans, etc., for key partners to offer their independent contractors. The platform plans to become the place where independent workers go to seek offers for any type of service that can be advertised or consumed. Heymate will also offer these benefits to workers who engage with large managed markets, such as Uber or Lyft, which have been increasingly pressured to offer benefits to their independent contractors.

The product will officially launch as a free-to-use open beta on Apple and Android app stores in Q1, 2019.

About heymate:

Heymate aims at bringing gig-economy micro-entrepreneurs the flexibility they want while securing their revenue. The heymate platform helps to simplify and formalize deal terms and conditions, manage escrow payment and resolving disputes, all while offering an ecosystem of services such as getting short-term and on-demand insurance, micro-loans, etc. to support micro-entrepreneurs as they grow.

The heymate mobile app is the first product of the heymate platform, operated by Blockchain Applications AG. With it, 100 million people will be able to do business for the first time, and everyone else will be able to close a deal 100 times faster.

Website: https://heymate.works

(*note 1) "heymate" is spelled with a lowercase "h"
(*note 2) Report of Gig Economy Workers Finds Payment Satisfaction Problematic for Global Marketplaces: http://info.tipalti.com/20180424-Email-FreelancerReport_05.SSDownloadPage.html

*PHOTO link for media: Send2Press.com/300dpi/18-0910s2p--heymate-at-CFC-SF-300dpi.jpg
*Photo Caption: heymate CTO, Frank Hartmann talking about the heymate platform with Eric Van der Kleij at the Crypto Finance Conference in San Francisco.

*VIDEO (YouTube): https://youtu.be/ey79DCYHYjs

Heymate, a deal-closing platform which will allow micro-entrepreneurs to easily create, close and administer secure professional contracts within 20 seconds, launched their testable product on Sept. 5, 2018, available via invitation on Android and iOS smartphones. The heymate app is the first product of the heymate platform, which is operated by Blockchain Applications AG.

Related link: https://heymate.works

American Financial Network Deploys Cloudvirga Digital Mortgage Technology Nationwide

IRVINE, Calif. /ScoopCloud/ -- Cloudvirga(TM), a leading provider of digital mortgage software, today announced the deployment of its Cloudvirga Enterprise POS to all 100 branch locations of American Financial Network (AFN), a privately held mortgage company that employs over 750 loan officers and serves tens of thousands of customers nationwide. AFN funded over $5 billion in loans in 2017 and is one of the fastest-growing mortgage lenders in the United States.

The Cloudvirga Enterprise POS is a private-label digital mortgage platform that enables AFN loan officers to convert more prospects into applicants by automatically selecting, comparing and calculating fees for all loan types. Cloudvirga's intelligent lender workflow delivers state-of-the-art features not available in competing platforms to help AFN reduce per-loan production expenses while improving compliance and customer satisfaction.

"Cloudvirga is no mere digital loan application technology," said Cloudvirga Co-founder Kyle Kamrooz. "We provide top lenders like AFN cutting-edge technology that drives down the cost of loan production by reinventing how mortgages are manufactured."

"Cloudvirga is changing how we work in the best possible way," said AFN President John Sherman. "We're removing inefficiency from the mortgage process and freeing our loan officers to take on more loans by focusing their time on the parts of their jobs that require a human touch - like delivering exceptional customer service."

About American Financial Network, Inc.:

Established in 2001 by Jack and John Sherman, American Financial Network, Inc. (AFN) is a licensed mortgage lender (NMLS #237341) that is proud to have assisted hundreds of thousands of customers in financing their American dream of homeownership over the last 17 years. AFN is based in Brea, California; is licensed in 46 states plus Washington, D.C.; and remains on an impressive growth trajectory. AFN is an approved Fannie Mae and Freddie Mac seller/servicer, and an approved issuer for Ginnie Mae. A direct lender with in-house underwriting, AFN offers a full line of mortgage products including: Conventional, FHA, VA, USDA, Jumbo, 203(k) rehabilitation loans and more.

For more information, please visit https://www.afncorp.com/.

About Cloudvirga(TM):

Cloudvirga's digital mortgage point-of-sale (POS) software, powered by the intelligent Mortgage Platform(R), uniquely combines a world-class borrower experience with a truly automated lender workflow that radically cuts overall loan costs, increases transparency and reduces the time to close a loan. Founded by top fintech veterans with a track record of building successful mortgage technologies, Cloudvirga's customer base includes eight of the top 40 non-bank mortgage originators. To date, Cloudvirga has raised over $77 million from some of the country's top lenders and private-equity firms.

For more information, visit http://www.cloudvirga.com or follow Cloudvirga on LinkedIn.

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

Related link: http://www.cloudvirga.com/

TRK Connection Add Industry-Leading Reverification Functionality to Insight RDM Mortgage QC Platform

SALT LAKE CITY, Utah /ScoopCloud/ -- TRK Connection (TRK), a leading provider of mortgage quality control (QC) and origination management solutions, announced it has added functionality to its flagship QC audit platform Insight Risk & Defect Management (RDM) to help lenders digitally manage the reverification process, including eSign and automated bulk document indexing.

Using Insight RDM's eSign capabilities, external sources (employers, financial institutions, etc.) can electronically complete re-verification documents, eliminating the need to print and mail (or fax) outbound documents and scan and attach inbound documents while also providing a more secure method of document delivery, completion and return.

"Lenders' digital mortgage efforts shouldn't stop at the closing table," said Teri Sundh, CEO of TRK Connection. "Insight RDM is the first mortgage QC platform to offer its users full eSign capabilities so that they can continue to operate electronically and take advantage of the efficiency and cost-savings benefits inherent in a digital mortgage environment."

For those institutions that still receive re-verification documents in paper format, Insight's bulk document indexing feature Redex(TM) helps lenders and audit firms streamline their re-verification process using electronic batch processing. With Redex, lenders and audit firms can electronically ingest returned re-verification documents in bulk, and from there, the system sorts, organizes and indexes the documents and then automatically attaches them to their associated loan files.

"While TRK is a fervent advocate of the industry's digital mortgage efforts, we also recognize that, until digital mortgage adoption becomes widespread, there are still going to be instances where lenders will need to work in paper, especially in the re-verification process," Sundh said. "Redex is our solution to this issue. By enabling lenders and audit firms to electronically ingest and process these documents in bulk, we're saving our clients untold hours of labor that be re-directed towards activities that have a greater impact on improving loan quality."

About TRK Connection:

Founded in 2013, TRK Connection prides itself on its ability to develop technologies that allow businesses to surpass their organizational needs and meet their business objectives. As an innovator in the mortgage origination and quality assurance space, TRK continues to develop and refine solutions geared to promote and strengthen the loan origination process, pre/post-close loan audits and the defect remediation process.

Currently, TRK offers solutions that support Mortgage Audit & Quality Control (Insight Risk & Defect Management(TM)), Loan Origination Vendor Management (Core Connect(TM)), Complete LOS Connectivity Platforms and more. For more information, visit http://trkconnection.com.

TRK Connection, a leading provider of mortgage quality control (QC) and origination management solutions, announced it has added functionality to its flagship QC audit platform Insight Risk & Defect Management (RDM) to help lenders digitally manage the reverification process, including eSign and automated bulk document indexing.

Related link: http://trkconnection.com/