Tag: Texas Business

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.

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.

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.

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).

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.

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.

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.