Tag: SaaS and Cloud Software
Mortgage Lending Analytics, PPE and Digital Mortgage Provider Lender Price Attending Motivity Solutions User Conference
PASADENA, Calif. /ScoopCloud/ -- Lender Price, the emerging leader in digital mortgage interface technology and real-time, competitive mortgage analytics and product pricing and eligibility (PPE) solutions complete with full mobile functionality and advanced business intelligence, announced that Black Knight Financial Services' (BKFS) Motivity Solutions will use pricing data from Lender Price's industry-leading PPE to provide pricing analytics to its users.
Up-and-comer ubermortgage Embraces Home-Equity Conversion Mortgage (HECM) with Technology from ReverseVision
SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision, Inc., the leading technology provider for the reverse mortgage industry, has formed a partnership with ubermortgage Inc. to support the budding lender's increasing demand for home-equity conversion mortgages (HECMs) with its RV Exchange (RVX) loan origination technology.
Mortgage Automation Pioneer Hires Veteran Tech Entrepreneur Michael Schreck as CEO
IRVINE, Calif. /ScoopCloud/ -- Cloudvirga(SM), developer of next-generation loan officer and direct-to-consumer point-of-sale (POS) systems, has named Michael Schreck its chief executive officer. He succeeds cloudvirga co-founder Bill Dallas, who will continue as chairman of cloudvirga's board of directors.
Simplifile’s Paul Clifford Receives 2017 Award for Innovation from October Research
PROVO, Utah /ScoopCloud/ -- Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, announced that Paul Clifford, president, was recognized with the 2017 October Research Award for Innovation for his leadership in establishing Simplifile's e-recording network, along with other achievements in support of the title industry.
QuestSoft and OpenClose to Hold Webinar on the New CFPB HMDA Rules
WEST PALM BEACH, Fla. /ScoopCloud/ -- OpenClose, a multi-channel loan origination system (LOS) provider, and QuestSoft, a provider of automated mortgage compliance software, announced that they will host a joint webinar covering the new CFPB HMDA regulations, how they will impact organizations, and outline specific plans to make compliance with the new HMDA rules the most efficient and time-saving process in the mortgage industry.
IDS Builds Mortgage Document Preview Feature for LendingQB Integration
SALT LAKE CITY, Utah /ScoopCloud/ -- Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it has incorporated a new document preview feature into its integration with LendingQB's cloud-based loan origination solution (LOS). The feature allows LendingQB users to preview mortgage documents, such as the Loan Estimate or Closing Disclosure, before they are submitted to fulfillment.
DocMagic’s SmartCLOSE and Total eClose Solutions Receive ALTA ‘Elite Provider’ Designation
TORRANCE, Calif. /ScoopCloud/ -- DocMagic, Inc., the mortgage industry's leading provider of document production, automated compliance and comprehensive eMortgage services, announced that it has been accepted into the Elite Provider Program for American Land Home Title Association (ALTA).
FormFree Names Douglas Brewer Director of its Enterprise Architecture
ATLANTA, Ga. /ScoopCloud/ -- FormFree today announced the appointment of senior software developer Douglas Brewer to the role of director of enterprise architecture. Brewer, who first joined FormFree in 2014, will be responsible for managing the retention and growth of FormFree's software development team, overseeing enterprise software design and ensuring the quality and timely delivery of software updates.
Skyline Financial Corp. Lays Groundwork for New Reverse Mortgage Division with Technology, Training from ReverseVision
SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision, the leading provider of software and technology for the reverse mortgage industry, has forged a partnership with Skyline Financial Corp. (Skyline Home Loans and NewLeaf Lending) to support the lender's growing reverse mortgage division with RV Exchange (RVX) loan origination technology and RV University (RVU) training programs.
Mid America Mortgage Purchases eNote from First eClosing Transaction in North Carolina
ADDISON, Texas /ScoopCloud/ -- Mid America Mortgage, Inc. (Mid America) announced today it has purchased the eNote from North Carolina's first eMortgage transaction. The transaction, which was completed entirely electronically on May 5, was a refinance for a property in Winston-Salem and was executed by Hickory-based North State Bank. Upon completion of the closing, Mid America was able to purchase the resulting eNote within one business day after receiving the final loan package.
Simplifile Adds 14 Counties in American Northeast to Its E-Recording Network
PROVO, Utah /ScoopCloud/ -- Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, has added more than a dozen new recording jurisdictions in five states across the American Northeast to its e-recording network, the nation's largest.
WorldAPP Secures Financing Round to Fuel Growth
WorldAPP -
BRAINTREE, Mass. /ScoopCloud/ -- WorldAPP, a leading provider of mobile data collection and process optimization software today announced that it has completed financing round with Providence-based Bay Capital Investment Partners. The transaction amount was not disclosed.
HeartIT and Siemens Healthineers Agree to Jointly Sell the Precession CMR Workflow Solution
DURHAM, N.C. /ScoopCloud/ -- Heart Imaging Technologies, LLC (HeartIT) and Siemens Healthineers have agreed to cooperatively sell the latest version of HeartIT's Precession cardiovascular magnetic resonance (CMR) workflow solution. Precession is the first browser-based CMR solution to combine medical image viewing, analysis, and reporting into one comprehensive, cloud-based platform.
Ann Fulmer Joins FormFree as Chief Strategy and Industry Relations Officer
ATLANTA, Ga. /ScoopCloud/ -- FormFree(R) today announced that it has hired mortgage loan quality subject matter expert and analyst Ann Fulmer as its chief strategy and industry relations officer. FormFree's flagship product, AccountChek(R), is an asset verification app that streamlines the loan underwriting process for both borrowers and lenders, resulting in higher borrower satisfaction and shaving more than a week off the time it takes to close a loan.
DocMagic’s Total eClose Solution Facilitates First State Sponsored eClosing in North Carolina
TORRANCE, Calif. /ScoopCloud/ -- DocMagic, Inc., the mortgage industry's leading provider of document production, automated compliance and comprehensive eMortgage services, announced that it completed North Carolina's first 100 percent paperless eClosing. The DocMagic-driven eClosing was completed on Friday, May 5th at North State Bank and was carried out in the presence of borrowers Jason and Karen Boccardi, the North Carolina Secretary of State, a closing paralegal, an eNotary, and members of the media who documented the historical event.
AccountChek by FormFree Automates Asset Verification for Users of Black Knight Financial Services’ LoanSphere Empower Loan Origination System
ATLANTA, Ga. /ScoopCloud/ -- FormFree(R) today announced the direct integration of its AccountChek(R) automated asset verification service with the LoanSphere(R) Empower(R) loan origination system (LOS) offered by Black Knight Financial Services, a leading provider of integrated technology, data and analytics to the mortgage and real estate industries.
Chesterfield County Public Schools (VA) Expands Synergy Solution to Include Online Registration
CHESTERFIELD, Va. /ScoopCloud/ -- Edupoint Educational Systems, creator of the industry-leading Synergy(R) Education Platform for K-12 student information and learning management, has been selected by Chesterfield County Public Schools (CCPS) to implement the company's Synergy Online Registration module, augmenting the district's existing Synergy solution.
DocMagic and BeSmartee Integrate, Creating a Fast, Fully Digital Application Process for Borrowers
TORRANCE, Calif. /ScoopCloud/ -- DocMagic, Inc., the mortgage industry's leading provider of document production, automated compliance and comprehensive eMortgage services, announced that it completed an integration with BeSmartee, a leader in mortgage automation technology.
New Legislation Enables Massachusetts Jurisdictions to Electronically Record Land Court Documents
PROVO, Utah /ScoopCloud/ -- Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, announced that it is now electronically recording Land Court documents in the Commonwealth of Massachusetts for the first time.
Recently Formed Ventana Home Mortgage, LLC Partners with OpenClose to Help Launch its New Mortgage Conduit Business
WEST PALM BEACH, Fla. /ScoopCloud/ -- OpenClose, an enterprise-class, multi-channel loan origination system (LOS) and mortgage software solutions provider, announced that Ventana Home Mortgage, LLC a residential mortgage conduit aggregator with a focus on the non-QM market, has signed with the company to utilize its OC Correspondent(TM) module. The web-based, turnkey solution will fully automate Ventana's new conduit business, and is expected to do so in less than 45 days.
Texas Capital Bank Implements DocMagic’s Total eClose Solution for eWarehouse Lending
TORRANCE, Calif. /ScoopCloud/ -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that Texas Capital Bank has implemented its Total eClose(TM) solution. This implementation enables the bank to function as an eWarehouse lender. They can now accept and fund eNotes from its lender customers that want to drastically speed up the process of closing and selling loans.
PRMI Improves Mortgage QC Audit Efficiency Using Insight RDM from TRK Connection
SALT LAKE CITY, Utah /ScoopCloud/ -- TRK Connection, a leading provider of mortgage quality control and origination management solutions, announced that Salt Lake City-based Primary Residential Mortgage, Inc. (PRMI) has experienced significant improvement in the efficiency of its mortgage quality control (QC) auditing process. PRMI was the first mortgage lender to leverage Insight Risk and Defect Management (RDM), TRK's flagship mortgage QC audit platform, for its in-house pre-funding and post-closing loan audits.
PCLender and Mortgage Capital Trading Integrate Solutions and Services
SAN DIEGO, Calif. /ScoopCloud/ -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing technology firm, announced that it has completed an integration between its secondary marketing solution and PCLender's loan origination system (LOS). The integration seamlessly transmits critical hedge pipeline data, saving time and enhancing information security.
Northern Humboldt Union High School District (CA) Selects Synergy
MCKINLEYVILLE, Calif. /ScoopCloud/ -- Edupoint(R) Educational Systems has been selected by Northern Humboldt Union High School District (NHUHSD) to implement the company's Synergy(R) Student Information System, replacing Schoolmaster. The district's cloud-hosted Synergy solution will include the fully-integrated Synergy Online Registration, California State Reporting, TeacherVUE(R) Portal With Gradebook, and ParentVUE(R) and StudentVUE(R) portals.
Traffk Signs Contract with David Brown of CHEQS, LLC
LOS ANGELES, Calif. /ScoopCloud/ -- Traffk(TM) LLC is pleased to announce the addition of Mr. David Brown to the expanding Traffk team. Brown will fill the role of Market President, serving Traffk's payer and health solutions market. Traffk(TM) modernizes the insurance underwriting process with more accurate data insights and risk profiling, allowing risk-bearing companies or health plans to manage profitability.
HLP to Offer Automated Asset Verification through Partnership with AccountCheck by FormFree
BALTIMORE, Md. /ScoopCloud/ -- HLP (Hope LoanPort) today announced it will integrate FormFree's AccountChek(TM) automated asset verification service into its communication platform, making it easier for consumers and HUD-certified, nonprofit housing counselors to apply for loan modifications and other options to avoid foreclosure.
DocMagic Achieves 42 Percent Growth in 2016
TORRANCE, Calif. /ScoopCloud/ -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, reported a 42 percent increase in revenue for 2016. The company credits its growth to the mortgage industry's demand for products that enable TRID compliance, eSignatures and eClosings. This is the second consecutive year that DocMagic's revenue has increased by roughly 40 percent.
Atlantic Coast Mortgage Chooses ReverseVision’s RVX Loan Origination Software for New HECM Division
SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision, the leading provider of software and technology for the reverse mortgage industry, today announced that Atlantic Coast Mortgage (ACM) has selected RV Exchange (RVX) loan origination software (LOS) to support its new home-equity conversion mortgage (HECM) division.
Charles County Public Schools Selects New Synergy Analytics Module by Edupoint
LA PLATA, Md. /ScoopCloud/ -- Edupoint Educational Systems, creator of the industry-leading Synergy Education Platform for K-12 student information and learning management, has been selected by Charles County Public Schools (CCPS) to implement the company's new Synergy Analytics solution, currently available to alpha adopters. CCPS serves over 26,000 students across 36 campuses in Maryland.
DocMagic Named to HW TECH100 List for the Fourth Straight Year
TORRANCE, Calif. /ScoopCloud/ -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that it was designated to HousingWire's HW100(TM) for the fourth year in a row. DocMagic was recognized for its contributions in loan document preparation, compliance, eSign and eDelivery solutions.
HousingWire Names Mortgage Capital Trading a 2017 HW TECH100™ Technology Provider for the First Time
SAN DIEGO, Calif. /ScoopCloud/ -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing technology firm, announced that it was designated a top 100 mortgage technology firm by HousingWire for the first time ever. The annual HW TECH100(TM) is designed to recognize the most innovative technology companies in the U.S. housing economy.
FormFree Founder Brent Chandler Named ‘Tech All-Star’ by Mortgage Bankers Association
ATLANTA, Ga. /ScoopCloud/ -- FormFree today announced that its Founder and President Brent Chandler was one of five mortgage technology innovators recognized by the Mortgage Bankers Association (MBA) in its 2017 MBA Insights Tech All-Stars award. The award, now in its 16th year, recognizes "industry leaders who have made outstanding contributions in mortgage technology."
Asset-Level Lease Accounting Webinar to be Hosted by LeaseAccelerator
GREAT FALLS, Va. /ScoopCloud/ -- LeaseAccelerator announced today that it will be hosting an educational webinar on Asset-level lease accounting and its role in implementing ASC 842 and IFRS 16. The new lease accounting standards, introduced last year, will require companies to track real estate, equipment, and embedded leases as assets and liabilities on their balance sheets by end of 2018.
Maxwell’s Mortgage Automation Experience Enhanced with The Work Number from Equifax
DENVER, Colo. /ScoopCloud/ -- Maxwell, the emerging leader of digital mortgage automation software, unveiled today a partnership with Equifax Inc., a global information solutions provider, that will provide Maxwell customers and their borrowers with a faster, more seamless experience, beginning with automated employment and income verification through its proprietary database, The Work Number(R) (TWN).
Phil McCall of ARMCO Wins Prestigious 2017 Tech All-Star Award from the Mortgage Banking Association
CHICAGO, Ill. /ScoopCloud/ -- National Technology Conference & Expo -- ACES Risk Management (ARMCO), the leading provider of financial quality control and compliance software, announced that Chief Operating Officer Phil McCall has won the Mortgage Banking Association's (MBA) 2017 Tech All-Star Award.