Tag: Texas Business
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%.
Optimal Blue Names Joe Tyrrell Chief Executive Officer
PLANO, Texas /ScoopCloud/ -- Optimal Blue today announced the appointment of Joe Tyrrell as CEO. Tyrrell succeeds interim CEO Scott Smith of Optimal Blue's parent company, Constellation Software Inc. Tyrrell brings over 25 years of experience in the mortgage, finance, and technology industries to Optimal Blue.
ProNotary Enhances Business Efficiency with Advanced Remote Online Notarization Solutions
DALLAS, Texas /ScoopCloud/ -- ProNotary, a pioneering force in the remote online notarization industry, is proud to announce its continued commitment to transforming the landscape of notary services through cutting-edge remote online notarization (RON) solutions. Founded in 2018, ProNotary has been at the forefront of innovation, providing businesses with a comprehensive suite of notarization software designed to meet the evolving needs of the digital age.
Click n’ Close to Receive Top Lender Award at USDA’s Single Family Housing Guaranteed Loan Program Ceremony
ADDISON, Texas /ScoopCloud/ -- Click n' Close, a multi-state mortgage lender, today announced that it will be honored with a top lender award at the United States Department of Agriculture's Single Family Housing Guaranteed Loan Program ceremony. This recognition underscores Click n' Close's commitment to fostering homeownership and supporting community development through innovative loan programs.
Optimal Blue Announces ‘Optimize Your Advantage’ to Showcase How Its Capital Markets Platform Puts Lenders in Control of Their Margins
PLANO, Texas /ScoopCloud/ -- Optimal Blue announced the launch of its Optimize Your Advantage campaign in advance of the MBA Secondary and Capital Markets Conference. This comprehensive brand initiative highlights the value and innovation the company delivers to clients. Through Optimal Blue's position as the housing industry's only end-to-end capital markets platform, lenders and other market participants have greater control of their profit margins, giving them distinct advantages, regardless of market conditions.
Mortgage Purchase Lock Counts See First YoY Gain Since Fed Rate Hikes Began Two Years Ago
PLANO, Texas /ScoopCloud/ -- Optimal Blue today released its April 2024 Originations Market Monitor report, which reveals the first year-over-year increase in purchase mortgage lock counts since the Federal Reserve initiated rate hikes in March 2022.
Stack Sports launches Stack Rewards to Save Youth Sports Families $100M
DALLAS, Texas /ScoopCloud/ -- Stack Sports, the leading provider of youth sports software has launched a new rewards program delivering significant savings to youth sports families in the United States and North America. With Stack Rewards, families can earn cashback on everyday shopping and access special offers and deals to help pay for sports, resulting in projected savings of $100 million annually.
Elevated Roofing Launches Emergency Response Team for Hail Damage in the Dallas Area
DALLAS, Texas /ScoopCloud/ -- Elevated Roofing is pleased to announce its emergency response team equipped to handle the urgent needs of homeowners in the aftermath of hail storms across the Dallas area. Elevated Roofing promises to deliver 24/7 emergency roof tarping and repair services, mitigating further damage to properties affected by severe weather.
Stack Sports Surges Forward: Doubles in Size and Reaches 50 Million Users Globally in 2023
DALLAS, Texas /ScoopCloud/ -- Stack Sports, the largest provider of sports management solutions, camps, recruiting, and elite player development software, proudly reflects on a year of unprecedented growth and success in 2023. Building upon its commitment to grow participation and transform the sports experience, Stack Sports has doubled in size over the past three years, now serving over 50 million users worldwide.
Florida’s Leading Podiatric Group Takes A Giant Leap Into Texas
SPRING, Texas /ScoopCloud/ -- Houston, we don't have a foot care problem - now that Modern Foot & Ankle has moved into the Lone Star State. The podiatric group originated in Florida and has a strong presence in Tampa, Orlando, and Palm Beach. But with its recent acquisition of a clinic in Spring, Texas, Modern Foot & Ankle enters a watershed moment.
Optimal Blue Director of Data Solutions Brennan O’Connell Named a 2024 HousingWire Rising Star
PLANO, Texas /ScoopCloud/ -- Optimal Blue today announced that Brennan O'Connell, director of data solutions, has been honored with the 2024 HousingWire Rising Stars award. The award program celebrates emerging leaders in real estate and mortgage who have demonstrated rapid career growth and an ability to lead, achieving remarkable milestones before the age of 40.
NAHL Announces Partnership with CaptainU
DALLAS, Texas /ScoopCloud/ -- The North American Hockey League (NAHL) is pleased to announce a new partnership with CaptainU from Stack Sports, the leading online, collegiate sports recruiting platform, helping high school athletes fulfill their dreams of playing sports in college, as an official recruiting partner of the NAHL Combines and NAHL Prospects Challenge.
The Ronald Reagan Presidential Foundation and Institute announces two finalists of the 2024 South Central Regional Debate Series
DALLAS, Texas /ScoopCloud/ -- Today, The Ronald Reagan Presidential Foundation and Institute is proud to announce the two finalists of the Great Communicator Debate Series South Central Regional Competition held in Dallas, TX on the campus of Southern Methodist University, home of the George W. Bush Presidential Center.
Click n’ Close Expands DPA Mortgage Product Suite to Include Option for Shared Appreciation
ADDISON, Texas /ScoopCloud/ -- Click n' Close, a multi-state mortgage lender serving consumers and mortgage originators through its wholesale and correspondent channels, announced it has expanded its suite of down payment assistance (DPA) loan products to include a shared appreciation option to help address the affordability challenges facing homebuyers.
Optimal Blue Announces Promotion of Rick Allen to Chief Operating Officer
PLANO, Texas /ScoopCloud/ -- Optimal Blue today announced that it has elevated Rick Allen to chief operating officer (COO). Most recently serving as Optimal Blue's chief administrative officer, Allen brings more than 35 years of experience in the housing industry to his senior leadership role. Throughout his tenure at Optimal Blue, Allen has played an integral role in the enhancement and delivery of products to add exceptional value to the company's clients.
Average Homebuyer Credit Score Hits the Highest Mark in Years
PLANO, Texas /ScoopCloud/ -- Today, Optimal Blue released its March 2024 Originations Market Monitor report, which reveals the average homebuyer credit score has reached 737 - an all-time high since the company began tracking this data in January 2018. Despite the potential buyer pool being somewhat limited to borrowers with higher credit, rate lock volume showed steady month-over-month growth of 17% in March as the spring buying season got underway.
United for Human Rights: A Vibrant Addition to the Spirit and Dynamic of SXSW EDU Conference and Festival
AUSTIN, Texas /ScoopCloud/ -- SXSW EDU is an educator conference in Austin, Texas, "designed for the brightest minds in education to change the future of teaching and learning." United for Human Rights set up a booth at the conference, where human rights was a recurring topic in presentations, conferences and workshops. Educators, entrepreneurs, and members of civil society from across the U.S. around the globe visited the booth to learn about the program.