Tag: Texas Business
Click n’ Close welcomes Jeff Raich to its National Sales bench
ADDISON, Texas, Dec. 17, 2024 (SEND2PRESS NEWSWIRE) -- Click n' Close (CNC), a multi-state mortgage lender serving consumers and mortgage originators through its wholesale and correspondent channels, today announced Jeff Raich has joined the organization as a national sales director in correspondent lending.
Skyhawks Sports Announces 2024 Coach of the Year Winner and Finalists
DALLAS, Texas, Dec. 16, 2024 (SEND2PRESS NEWSWIRE) -- Skyhawks Sports, a Stack Sports company, is proud to announce the winner and finalists of the 2024 Coach of the Year Award. This annual accolade honors coaches who exemplify exceptional dedication, leadership, and a commitment to fostering positive sports experiences for young athletes.
Empowering Businesses and Notaries to Expand Their Reach with Cutting-Edge RON Technology
DALLAS, Texas, Dec. 10, 2024 (SEND2PRESS NEWSWIRE) -- ProNotary, a pioneering force in the remote online notarization (RON) industry, today announced its expansion into Montana, Iowa, and Missouri. This milestone marks a significant step in ProNotary's mission to provide seamless and secure notarization solutions across the United States, enabling notaries and businesses in these states to connect with clients anywhere in the world.
Mortgage Lock Activity Fell in November as Interest Rates Hit Their Highest Levels Since July
PLANO, Texas, Dec. 10, 2024 (SEND2PRESS NEWSWIRE) -- Optimal Blue today released its November 2024 Market Advantage mortgage data report, highlighting a 25% decrease in month-over-month (MoM) lock volume as interest rates hit their highest levels since early July, creating headwinds for affordability. Purchase lock volume was down 21% MoM, while cash-out and rate-and-term refinance volumes fell 20% and 50%, respectively.
Optimal Blue Announces Tony Hawk, Housing Industry Leaders to Headline Inaugural User Conference
PLANO, Texas, Dec. 5, 2024 (SEND2PRESS NEWSWIRE) -- Optimal Blue today announced the speaker lineup for its inaugural user conference, the Optimal Blue Summit 2025. Legendary skateboarder and entrepreneur Tony Hawk will headline the event. The conference will also feature sessions led by Mortgage Bankers Association (MBA) Chief Economist and Senior Vice President of Research and Business Development Michael Fratantoni, Ph.D., MBA Associate Vice President of Secondary and Capital Markets Sasha Hewlett, AMP, HousingWire Editor in Chief Sarah Wheeler, and representatives from Microsoft.
UTR Sports Partners with Stack Sports to Launch TeamInn Travel Services for Tennis and Pickleball
DALLAS, Texas, Nov. 25, 2024 (SEND2PRESS NEWSWIRE) -- UTR Sports, a global leader in tennis and pickleball player ratings and event management, today announced an expansion of its partnership with Stack Sports to incorporate TeamInn travel services. TeamInn, Stack Sports' dedicated travel service platform, will now provide travel accommodations for UTR Sports tournaments and events, simplifying travel planning for players, coaches, officials, and fans.
Mortgage Machine awarded SOC 2 Compliance Status – AICPA-guided examination shows LOS operates as promised
ADDISON, Texas, Nov. 14, 2024 (SEND2PRESS NEWSWIRE) -- Mortgage Machine™ (MMS), the loan origination system of record for digital mortgage pioneer Click n' Close (formerly known as Mid America Mortgage), has achieved SOC 2® compliance. Independent auditor Sensiba LLP (Sensiba) announced MMS's successful completion of its System and Organization Controls (SOC) 2 Type II audit in early November.
October Mortgage Lock Data Shows Resilience and Cracks in the Mortgage Market as Interest Rates Tick up 65 Basis Points
PLANO, Texas, Nov. 12, 2024 (SEND2PRESS NEWSWIRE) -- Optimal Blue today released its October 2024 Market Advantage mortgage data report, highlighting resilient purchase activity in the face of rising interest rates and affordability challenges. Despite a 65-basis-point (bps) increase in the Optimal Blue Mortgage Market Indices (OBMMI) 30-year conforming rate, purchase lock volume grew by 12% month over month (MoM), signaling strong demand among homebuyers.
Optimal Blue Promotes Industry Experts to New Executive Roles to Accelerate Innovation and Prioritize Partnerships
PLANO, Texas, Nov. 11, 2024 (SEND2PRESS NEWSWIRE) -- Optimal Blue today announced two key executive promotions that will position the company to deliver innovation faster across the company's entire capital markets platform, and to further expand the company's network of partners. Erin Wester has been promoted to chief product officer and Mike Vough has been promoted to head of corporate strategy.
Click n’ Close Introduces New Down Payment Assistance Options for Shared Appreciation Mortgage Program
ADDISON, Texas, Oct. 24, 2024 (SEND2PRESS NEWSWIRE) -- Click n' Close, a multi-state mortgage lender, today announced two significant enhancements to its Shared Appreciation Mortgage (SAM) program. These updates will help make homeownership more accessible and financially advantageous for a broader range of buyers in today's competitive housing market.
Autocraft Bodywerks Is Certified For Mercedes-Benz Collision Repair!
AUSTIN, Texas, Oct. 15, 2024 (SEND2PRESS NEWSWIRE) -- Autocraft Bodywerks, now celebrating 40 years of excellence in automotive collision repair, located at 5411 Wasson Rd, Austin, Texas, has met all the program standards in the certification process for the Mercedes-Benz Elite Certified Collision Program, Autocraft Principal Chris Raeder announced today. Completion of the Mercedes-Benz certification program confirms Autocraft Bodywerks' commitment to restoring Mercedes-Benz vehicles back to original factory specifications and showroom condition.
Rate-and-Term Refinance Locks Surge 700% Over Previous Year Following the FOMC’s September Interest Rate Reduction
PLANO, Texas, Oct. 8, 2024 (SEND2PRESS NEWSWIRE) -- Optimal Blue today released its September 2024 Market Advantage mortgage data report, which found a 50% month-over-month (MoM) increase in rate-and-term refinance activity as people who purchased homes in recent years jumped at the opportunity to lower their interest rates and mortgage payments. While the Federal Open Market Committee (FOMC) lowered its target federal funds rate by 50 bps on Sept. 18, the market had already priced in a portion of the rate reduction, leading to a full month of increased refinance activity in September.
Optimal Blue Expands Expertise, Market Leadership With Launch of Two In-House Podcasts
PLANO, Texas, Oct. 1, 2024 (SEND2PRESS NEWSWIRE) -- Optimal Blue announced the release of two in-house podcasts that extend the reach of the company's capital markets experience and expertise built over its decades as the technology leader in its space. The Optimal Insights podcast and video, which will be released weekly, will provide timely analyses of market factors impacting loan originators and capital markets professionals.
Eagle Ventures Partners with Keel Point to Combat Human Trafficking Through Technology Investments
DALLAS, Texas, Sept. 23, 2024 (SEND2PRESS NEWSWIRE) -- Eagle Ventures, through its Eagle Freedom Fund, a leading impact investment vehicle focused on combating human trafficking, is pleased to announce its strategic partnership with Keel Point, a national private wealth management, family office services, and institutional asset management firm. Keel Point will serve as a Sub-Advisor to the Eagle Freedom Fund, bringing its financial expertise to amplify the Fund's efforts to invest in innovative technologies designed to combat human trafficking globally.
Optimal Blue Rolls Out Innovations in New UI, Gen AI, Originator Capabilities and New No-Cost Solutions
PLANO, Texas /ScoopCloud/ -- Optimal Blue today announced its extensive plans for innovation across its complete capital markets technology ecosystem leading up to its Optimal Blue Summit, where innovations will be unveiled live. New capabilities will be introduced into the core platform beginning in mid-September and continuing through the Optimal Blue Summit, a national user conference being held in San Diego in February.
NotaryCam hires Sam McPherson as new Head of Customer Success
HOUSTON, Texas /ScoopCloud/ -- NotaryCam®, a Stewart-owned company and a pioneering provider of remote online notarization technology for real estate and legal transactions, today announced the appointment of Sam McPherson as the new Head of Customer Success. In this role, McPherson will oversee customer relationships, focusing on delivering an exceptional client experience while driving retention and advocacy.
Rate-and-Term Refinances Surge 109% MoM in August as Mortgage Rates Decline
PLANO, Texas /ScoopCloud/ -- Optimal Blue today released its August 2024 Market Advantage mortgage data report, which reveals an overall 1% rise in rate lock volume despite the typical seasonal slowdown in purchase lending. Lock volume growth was driven by a surge in refinance activity as homeowners reacted to declining mortgage rates.
Optimal Blue to Host Inaugural Industry Summit February 3-5, 2025
PLANO, Texas /ScoopCloud/ -- Optimal Blue today announced it will host its inaugural Optimal Blue Summit from February 3-5, 2025, at the Marriott Marquis San Diego Marina. Set against the scenic backdrop of San Diego Bay, the Optimal Blue Summit 2025 will bring together clients from across primary and secondary mortgage networks to connect, learn, and share best practices for pricing and profitability.
TMC Emerging Technology Fund Announces Newest Corporate Partner: Andromeda Division Constellation Software’s Perseus Operating Group
AUSTIN, Texas /ScoopCloud/ -- The Mortgage Collaborative (TMC), the nation's largest independent cooperative network serving the mortgage industry, announced today that the TMC Emerging Technology Fund LP has secured its first corporate partner, Andromeda. Andromeda is a Division of the Perseus Operating Group, of Constellation Software, Inc. (TSX: CSU; "Constellation").
System4 Expands in Dallas-Fort Worth Metroplex
FORT WORTH, Texas /ScoopCloud/ -- System4 Facility Services Management ("System4"), an industry leader in facility management solutions that specializes in customized commercial cleaning, disinfection and repair and maintenance services announced that a new office has opened in the Dallas-Fort Worth Metroplex. System4 DFW takes an existing office in Tarrant County and adds Collin, Denton, Johnson and Rockwell Counties to their service area.
Mortgage Machine Services Enhances AI-Powered Document Management System to Accelerate Loan Processing Speed
ADDISON, Texas /ScoopCloud/ -- Mortgage Machine Services, an industry leader in digital origination technology to residential mortgage lenders, announced the launch of Auto Split, an enhancement to the Click n' File document management system embedded into the Mortgage Machine™ loan origination system (LOS).
Ke Kino Institute of Healing Launches Innovative Bodywork for Babies Massage Therapy Program
DALLAS, Texas /ScoopCloud/ -- Ke Kino Institute of Healing is proud to announce our Bodywork for Babies massage therapy program in Dallas. Where we combine multiple modalities, specialties and decades of practice to bring you targeted care with a holistic approach. Focusing entirely on the well-being of both mothers and their babies, treating them as the unit that they are.
Accountable CRM Launches First Activity-Based Platform for Mortgage Teams
AUSTIN, Texas /ScoopCloud/ -- 90-Day Sales Manager proudly launches the first activity-based CRM with built-in coaching and accountability for mortgage teams at credit unions and community banks. The 3-in-1 platform provides mortgage departments an affordable solution to help loan officers stay productive during challenging times.
July Refinance Activity Hits Highest Levels Since September 2022
PLANO, Texas /ScoopCloud/ -- Optimal Blue today released its July 2024 Market Advantage mortgage data report, which revealed that mortgage refinance demand surged to levels not seen since September 2022 amid softening interest rates. The lower interest rates seen in July also coaxed increased purchase activity, which, combined with greater refi activity, drove a 3.5% month-over-month (MoM) increase in mortgage rate lock volumes.
Plumber Near Me Providing Free School Supplies to Local Families
KYLE, Texas /ScoopCloud/ -- Free school supplies will be provided by Plumber Near Me to families with children attending Camino Real School, Fuentes School, Tobias School, and Hemphill School. Plumber Near Me, who serves the Kyle and Austin area, is excited to support local families and students as they head back to school this year.
Optimal Blue Launches New Generative AI Assistant Capabilities
PLANO, Texas /ScoopCloud/ -- Optimal Blue today announced the delivery of generative AI capabilities centered on helping lenders maximize profitability on every loan transaction. Through direct engagement with its thousands of clients, the company has begun delivering generative AI capabilities built for secondary-market-specific use cases and purposefully designed to solve the real-world challenges that mortgage lenders face.
Stack Sports Teams Up with The Miracle League to Revolutionize Inclusive Sports
PLANO, Texas /ScoopCloud/ -- Stack Sports, the leading provider of sports management solutions, is excited to announce the signing of its new strategic partnership with The Miracle League, an organization focused on providing opportunities for children with disabilities to play Miracle League baseball.
Click n’ Close Chief Operations Officer Kara Lamphere Selected in Mortgage Women Magazine’s Annual Mortgage Star Award Program
ADDISON, Texas /ScoopCloud/ -- Click n' Close, a multi-state mortgage lender serving consumers and mortgage originators through its wholesale and correspondent channels, today announced Kara Lamphere has been named a Mortgage Star in Mortgage Women Magazine's annual awards program.
Falling Home Prices and Purchase Mortgage Locks Reveal a Stagnant Late-Spring Housing Market
PLANO, Texas /ScoopCloud/ -- Optimal Blue today released its June 2024 Market Advantage mortgage data report, which revealed a stagnant late-spring housing market as home prices dropped for the first time in 2024 and purchase lock counts fell 8% over the previous year. All mortgage lock figures in this news release have been controlled for fewer market days in June.
ProNotary Announces Exciting New Partner Program
DALLAS, Texas /ScoopCloud/ -- ProNotary™, an intuitive and user-friendly digital signing solution, has announced a new partner program. Designed to enable businesses to notarize documents online, ProNotary is excited to collaborate with new partners and generate new income streams for everyone involved.
Texas A&M Global Youth Sport for Development Initiative Partners with Skyhawks Sports Academy and Wellspring Consulting
COLLEGE STATION, Texas /ScoopCloud/ -- Texas A&M University's Global Youth Sport for Development Initiative (GYS4D) and Center for Sport Management Research and Education is proud to announce a groundbreaking partnership with Skyhawks Sports Academy powered by Stack Sports, and Wellspring Consulting. This collaboration aims to leverage the unique strengths of each organization to empower youth worldwide through innovative sports programs designed to build leadership, educational, and life skills.
Optimal Blue Launches Competitive Data License to Help Lenders Optimize Margins With Competitive Loan Pricing Data
PLANO, Texas /ScoopCloud/ -- Optimal Blue announced the release of Competitive Data License, a collection of key national mortgage pricing data that enables lenders to price products competitively, operate more profitably, and react swiftly to changing market conditions. Competitive Data License draws upon direct-source loan data from the Optimal Blue PPE, which is used to price and lock over 35% of loans in the United States.
Stack Sports and The Fellowship of Christian Athletes (FCA) Renew Strategic Partnership to Grow Participation
PLANO, Texas /ScoopCloud/ -- Stack Sports, the leading provider of sports management solutions, announced the renewal of its multi-year partnership with Fellowship of Christian Athletes (FCA) Sports, an interdenominational Christian sports ministry working to see the world transformed by Jesus Christ through the influence of coaches and athletes.
One Man’s Tragedy Becomes a Treasure: Announcing the Release of ‘Concrete Dreams’
AUSTIN, Texas /ScoopCloud/ -- A local Austin man, Woody Shea, stood at the pinnacle of his career as the Chief Technology Officer (CTO) of a multinational corporation. A leader, innovator, and problem-solver, his days were filled with high-stakes decisions and groundbreaking technology. But in 2019, life took an unexpected turn, leading him to release a book of poetry, "Concrete Dreams" (ISBN: 979-8328164092).
Mortgage Interest Rate Sensitivity Triggers 25% Spike in May Rate-and-Term Refinance Activity
PLANO, Texas /ScoopCloud/ -- Optimal Blue today released its May 2024 Market Advantage mortgage data report, which revealed a 25.6% month-over-month (MoM) spike in rate-and-term mortgage refinances. The spike was a response to a modest drop in the Optimal Blue Mortgage Market Indices (OBMMI) 30-year conforming rate, which ended the month at 7.02%.