Tag Archives: Texas Business

Janet Pitney of Click n’ Close Honored with 2025 HousingWire Rising Stars Award

Pitney is recognized for her pivotal role in positioning Click n' Close to adapt amidst market turbulence

ADDISON, Texas, April 1, 2025 (SEND2PRESS NEWSWIRE) — Click n’ Close (CNC), a multi-state mortgage lender, today announced that Project Manager Janet Pitney has been honored with a place among the 2025 HousingWire Rising Stars. The award honors young real estate and mortgage professionals making impressive career moves while driving growth for their companies and the industry. Pitney is recognized for her outstanding leadership and innovation in technology and operations.

2025 HousingWire Rising Star, Janet Pitney
Image caption: 2025 HousingWire Rising Star, Janet Pitney.

Over the past year, Pitney has played a pivotal role in enhancing system functionality, optimizing workflows, and expanding the company’s product offerings. Her strategic vision and technical expertise have led to significant advancements, including the development of dynamic reporting dashboards which improve decision-making, a remarkable increase in eNote adoption, and the successful launch of technology roadmaps which drive efficiency. Pitney’s commitment to excellence, problem-solving, and industry innovation has positioned Click n’ Close as a more flexible and forward-thinking lender in a market demanding agility.

“Janet’s ability to blend technical expertise with strategic foresight has driven significant advancements in our operations, from enhancing system efficiencies to expanding our product suite,” said Jeff Bode, owner and CEO of Click n’ Close. “Janet’s dedication to excellence and continuous improvement not only strengthens our organization but also sets new industry standards. We are all incredibly proud to see her contributions recognized with this well-deserved award.”

“The Rising Stars award is a celebration of the incredible energy, innovation, and talent shaping the future of housing,” said Sarah Wheeler, Editor-in-Chief at HousingWire. “This year’s winners are not only excelling in their respective fields but are also redefining what’s possible in the industry. Their creativity and leadership inspire confidence in the industry’s future, and I can’t wait to see how they continue to drive progress.”

Visit https://www.housingwire.com/risingstars/ to view the full list of winners and their profiles.

About Click n’ Close, Inc.

Click n’ Close, Inc. is a multi-state mortgage lender serving consumers and mortgage originators through its wholesale and correspondent channels and is also the nation’s leading provider of Section 184 home loans for Native Americans. In operation since 1940, Click n’ Close has thrived by retaining its entrepreneurial spirit and leading the market in innovation, including its adoption of eClosings and eNotes.

Combining this culture of innovation with a risk management mindset enables Click n’ Close to deliver new products to market that address the challenges facing both borrowers and third-party originators (TPOs). These innovations include its USDA one-time close construction loans, proprietary down payment assistance (DPA) program and reverse mortgage division. Its direct relationships with Fannie Mae, Freddie Mac, Ginnie Mae and private investors afford Click n’ Close direct access to the capital markets, thus ensuring maximum liquidity for its product innovations. By servicing its loan programs in-house, Click n’ Close provides its wholesale and correspondent partners with an additional level of certainty regarding loan salability and superior borrower service over the life of the loan.

Learn more at https://www.clicknclose.com/.

NEWS SOURCE: Click n' Close Inc.


This press release was issued on behalf of the news source (Click n' Close Inc.), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/janet-pitney-of-click-n-close-honored-with-2025-housingwire-rising-stars-award/

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Optimal Blue Establishes Alliance with Cotality to Expand the Reach of Its Mortgage Origination and Pricing Data

Cotality to Offer Optimal Blue's Direct-Source Origination Data to Capital Markets, Research, and Investment Firms

PLANO, Texas, March 27, 2025 (SEND2PRESS NEWSWIRE) — Optimal Blue today announced a strategic alliance with Cotality™ (formerly CoreLogic®) that expands access to its mortgage origination and pricing data. Through this collaboration, Cotality will offer Optimal Blue’s data to a broader audience, including hedge funds, capital markets participants, and investment firms seeking insights into the mortgage markets.

Optimal Blue logo
Image caption: Optimal Blue logo.

Optimal Blue sources mortgage rate lock data directly from its product, pricing, and eligibility (PPE) engine, which is used to lock more than one-third of U.S. mortgages. By offering mortgage origination and pricing data alongside its extensive suite of real estate data and analytics solutions, Cotality’s clients gain access to more comprehensive housing market data that helps them improve decision-making, forecasting, and risk management strategies.

“Optimal Blue’s growing relationship with Cotality represents our shared commitment to bringing meaningful data and analytics to participants across all segments of financial markets whose businesses can benefit,” said Mike Vough, head of corporate strategy at Optimal Blue. “Optimal Blue offers the most representative, direct-source mortgage rate lock data available – a strategic complement to Cotality’s extensive property insights – giving financial market participants a holistic view of housing market dynamics to enhance investment decisions.”

“Offering Cotality’s comprehensive property data available with Optimal Blue’s direct to source mortgage rate lock dataset gives our customers additional insights and demonstrates our commitment to innovation— making the industry smart and faster,” said Sachin Rajpal, Managing Director of Cotality Data Solutions.

​​Optimal Blue’s Market Data License enables institutions to access loan-level origination and pricing information daily via secure file transfer protocol (SFTP), search over 60 variables per loan – including product type, pricing, credit attributes, property details, and occupancy status – and track primary market production trends and shifting borrower demographics. Additional use cases include supporting advanced market share analysis and portfolio benchmarking while gaining deeper insights into housing and mortgage market movements.

About Optimal Blue

Optimal Blue effectively bridges the primary and secondary mortgage markets to deliver the industry’s only end-to-end capital markets platform. The company helps lenders of all sizes and scopes maximize profitability and operate efficiently so they can help American borrowers achieve the dream of homeownership. Through innovative technology, a network of interconnectivity, rich data insights, and expertise gathered over more than 20 years, Optimal Blue is an experienced partner that, in any market environment, allows lenders to optimize their advantage from pricing accuracy to margin protection, and every step in between. To learn more, visit https://OptimalBlue.com/.

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NEWS SOURCE: Optimal Blue


This press release was issued on behalf of the news source (Optimal Blue), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/optimal-blue-establishes-alliance-with-cotality-to-expand-the-reach-of-its-mortgage-origination-and-pricing-data/

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Stack Sports and Future Stars Series Extend Strategic Partnership into Year Two

DALLAS, Texas, March 26, 2025 (SEND2PRESS NEWSWIRE) — As the New Year kicks off, Stack Sports and the Future Stars Series (FSS) are proud to announce the continuation of their strategic partnership for a second year. This collaboration remains focused on revolutionizing youth sports, particularly baseball, while also setting the stage to expand into additional sports in the future. With the success of year one, both organizations are more committed than ever to providing athletes, families, and coaches with unparalleled tools and experiences.

Stack Sports and Future Stars Series Extend Strategic Partnership
Image caption: Stack Sports and Future Stars Series Extend Strategic Partnership.

The partnership between Stack Sports and Future Stars Series continues to leverage innovative technology solutions designed to streamline and enhance the athletic experience. Through a suite of advanced platforms, including Sports Connect, TeamInn, Stack Athlete, Stack AthleteX, and GamePlan, athletes and families are empowered with seamless tools to support player development and exposure.

  1. Registration: The mobile-first registration feature, powered by Sports Connect, simplifies the registration process for parents and athletes. Designed with ease-of-use in mind, this platform ensures a smooth, hassle-free experience, increasing participation while allowing teams to manage their operations efficiently.
  2. Team Travel: TeamInn continues to play a pivotal role in optimizing travel logistics for teams and families. This game-changing platform makes booking travel accommodations effortless, ensuring a smooth experience throughout the season.
  3. Recruiting: As part of this partnership, Future Stars Series players gain access to StackAthlete’s mobile solutions, helping them better market themselves to college programs and professional scouts. With detailed test results and game data available directly through the platform, athletes are given a unique advantage in the competitive world of recruitment.
  4. Event Collaboration: One of the most exciting aspects of this partnership is the continued collaboration on high-profile events, where players showcase their talents in front of professional scouts and college coaches. The teams are working together on several signature events and premier showcases held at MLB stadiums like Fenway Park and Globe Life Field, cross-event referrals, selections
    for Main Event and Underclass Elite from Area Code Games, and FSS plus coverage, to name a few.
  5. Insights: This year, GamePlan will continue to provide players with crucial insights to improve performance and gain exposure. Used by over 20 MLB clubs and already a fixture in Area Code Baseball events, GamePlan aggregates data to enhance team strategy and give athletes the tools they need to track and improve their performance.

With the second year of this partnership, Stack Sports and Future Stars Series are building upon a shared vision to empower players, elevate performance, and simplify the path to collegiate and professional opportunities. The strategic collaboration not only enhances the player experience but also streamlines operations for teams, families, and scouts alike.

Jeff Young, CEO of Stack Sports, said, “We are excited to continue our partnership with Future Stars Series as we enter year two of this transformative journey. Together, we’re shaping the future of sports development by blending our technological expertise with FSS’s player-first approach. This partnership is all about innovation, and we’re thrilled to continue working alongside an organization as passionate and forward-thinking as Future Stars Series.”

Jeremy Booth, CEO and President of Future Stars Series, shared, “Looking ahead, we’re more energized than ever by the possibilities that this partnership brings. Finding synergies is always the goal, and Stack’s technological solutions have already had a tremendous impact on our ability to support and empower athletes. We’re confident that as we continue to work together, we will not only enhance role forecasting and player development, but also continue to redefine the landscape of youth sports in athlete and player return.”

About Stack Sports:

Stack Sports is a global technology leader in SaaS platform offerings for the sports industry, with a presence in 35 countries and nearly 50 million users. The company provides world-class software and services to support national governing bodies, youth sports associations, race directors, leagues, clubs, parents, coaches, and athletes. Some of the largest and most prominent sports organizations, including the U.S. Soccer Federation, Little League Baseball and Softball, and Pop Warner Little Scholars, rely on Stack Sports technology to run and manage their organizations. To learn more about how Stack Sports transforms the sports experience, please visit https://stacksports.com/.

About Future Stars Series:

The Future Stars Series is the Global Initiative of PROGRAM 15 and New Balance Baseball, a premier baseball organization dedicated to identifying and developing the next generation of top talent. It boasts a faculty and staff that includes multiple Major League All-Stars and World Series veterans responsible for executing the New Balance Baseball Future Stars Series, whose mission is to elevate the game of baseball by providing amateur players across all economic levels an opportunity to reach their full potential through the training, development, and guidance of former MLB players, scouts, and coaches. With a footprint in over 15 countries, participating players have earned signing bonuses well over 300M. Future Stars alumni compromised 33 percent of the 2024 draft combine and over 15 percent of draft selections. To learn more, visit https://futurestarsseries.com/.

NEWS SOURCE: Stack Sports


This press release was issued on behalf of the news source (Stack Sports), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/stack-sports-and-future-stars-series-extend-strategic-partnership-into-year-two/

Copr. © 2025 Send2Press® Newswire, Calif., USA. -- REF: S2P STORY ID: S2P125000 NOREL-3B

 

40% Jump in Rate-and-Term Refis Drives Overall Lock Growth as Purchase Activity Stalls

Optimal Blue's February 2025 Market Advantage report indicates stabilizing conforming loan share amid refinance growth and sluggish purchase activity

PLANO, Texas, March 11, 2025 (SEND2PRESS NEWSWIRE) — Optimal Blue today released its February 2025 Market Advantage mortgage data report, showing a 7% month-over-month increase in mortgage lock volume driven primarily by a surge in refinance activity. Rate-and-term refinances saw the biggest jump, rising nearly 40% as homeowners seized the opportunity to lower their monthly payments. Cash-out refinances also edged higher, while purchase lock activity remained subdued for the second consecutive month.

Optimal Blue’s February 2025 Market Advantage mortgage data report.
Image caption: Optimal Blue’s February 2025 Market Advantage mortgage data report.

“Interest rate improvement, while marginal, is attracting refinance activity as homeowners who bought at higher rates work the numbers and find they can reduce their monthly payments or tap into home equity,” said Brennan O’Connell, director of data solutions at Optimal Blue. “The upcoming homebuying season will reveal whether purchase demand is poised for a rebound or if elevated rates will continue to keep buyers on the sidelines.”

Key findings from the Market Advantage report, derived from direct-source mortgage lock data, include:

  • Refi activity drives higher lock volume: Slightly lower interest rates encouraged a surge of refinance activity that pushed lock volume up 7% month-over-month (MoM). Most of the lift came from rate-and-term refinances, which rose nearly 40% in the improving rate environment; cash-out volume climbed a more modest 4%.
  • Purchase locks continue to drag: Purchase activity remained low for the second straight month, with volume down 5% on a year-over-year (YoY) basis. Purchase lock counts – which control for home price appreciation – were down 9% from the same time in 2024.
  • Conforming loan share stabilizes: Conforming loan volume edged higher for a second month, reaching 52% of total volume after hitting a multi-year low in December. FHA share remained just above 20%. VA share grew slightly to sit at around 11.5%. Non-conforming loan volume – which includes jumbo and non-QM loans – was mostly flat at 15.5%.
  • Spread stays above long-term average: The mortgage rate spread to the 10-year Treasury hovered just above 230 basis points, a roughly 30 bps improvement from the same time last year but still roughly 30 to 40 bps above the long-term average.
  • Refi credit quality ticks higher: The average credit score for cash-out and rate-and-term refinances rose by 2 and 4 points, respectively, to 695 and 732. Meanwhile, the average purchase credit score was flat at 737.
  • Home prices, loan amounts edge higher: The average home purchase price rose from $476.2K in January to $480.2K in February, driving a MoM increase in average loan amount from $376.4K to $380.5K.

The full Market Advantage report, which provides more detailed findings and additional insights into U.S. mortgage market trends, can be viewed at (PDF): https://www2.optimalblue.com/wp-content/uploads/2025/03/OB_MarketAdvantage_MortgageDataReport_Feb2025.pdf

This month’s Market Advantage podcast features a guest interview with CoreLogic Chief Economist Selma Hepp. Access the podcast: https://market-advantage.captivate.fm/listen.

About the Market Advantage Report

Optimal Blue issues the Market Advantage mortgage data report each month to provide early insight into U.S. mortgage trends. Leveraging lender rate lock data from the Optimal Blue PPE – the mortgage industry’s most widely used product, pricing, and eligibility engine – the Market Advantage provides a view of early-stage origination activity. Unlike self-reported survey data, mortgage lock data is direct-source data that accurately reflects the in-process loans in lenders’ pipelines.

Nothing herein shall be construed as, nor is Optimal Blue providing, any legal, trading, hedging, or financial advice.

About Optimal Blue

Optimal Blue effectively bridges the primary and secondary mortgage markets to deliver the industry’s only end-to-end capital markets platform. The company helps lenders of all sizes and scopes maximize profitability and operate efficiently so they can help American borrowers achieve the dream of homeownership. Through innovative technology, a network of interconnectivity, rich data insights, and expertise gathered over more than 20 years, Optimal Blue is an experienced partner that, in any market environment, allows lenders to optimize their advantage from pricing accuracy to margin protection, and every step in between. To learn more, visit https://OptimalBlue.com/.

NEWS SOURCE: Optimal Blue


This press release was issued on behalf of the news source (Optimal Blue), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/40-jump-in-rate-and-term-refis-drives-overall-lock-growth-as-purchase-activity-stalls/

Copr. © 2025 Send2Press® Newswire, Calif., USA. -- REF: S2P STORY ID: S2P124645 NOREL-3B

 

The Mortgage Collaborative 3.16.25 Mortgage Tech Day Presents Five Startups to Compete in Dallas Pitch Event

DALLAS, Texas, March 10, 2025 (SEND2PRESS NEWSWIRE) — The future of mortgage technology is set to take the spotlight in Dallas as The Mortgage Collaborative (TMC), the nation’s largest independent cooperative network serving the mortgage industry, and the TMC Emerging Technology Fund LP present the seventh Mortgage Tech Day (MTD).

TMC Emerging Tech Fund
Image caption: TMC Emerging Technology Fund.

This high-energy, fast-paced competition will take place alongside TMC’s “Live Large, Think Big!” conference at Live! By Loews in Arlington, TX (Room DE) on March 16 from 3 PM – 5 PM CT. Sponsored by Docutech, MTD gives early-stage mortgage tech companies a unique opportunity to showcase their innovations in front of industry leaders, investors, and venture capitalists.

Six forward-thinking startups have been selected to present their game-changing mortgage technology solutions:

  • Ardley – AI-powered mortgage processing, designed for speed and accuracy
  • Lender – A streamlined lending workflow platform for seamless transactions
  • Mesh – Integration technology that connects mortgage platforms like never before
  • Uplist – Enhancing the home-buying experience with smarter tools
  • Feather – Simplifying compliance and documentation for mortgage professionals

This pitch competition follows a Shark Tank-style format, where each company gets eight minutes to present their innovation, followed by seven minutes of rapid-fire Q&A from a panel of venture capital firms, limited partners, and mortgage industry experts.

Beyond the competition, MTD offers unparalleled networking opportunities—participants can connect with potential investors, industry leaders, and future customers who can help propel their businesses forward.

The audience and judges will vote in real time to determine the winner, who will receive:

  • One week in HousingWire Daily Newsletter ($5,000 value)
  • A complimentary spot in HousingWire Mortgage Tech Demo Day ($9,000 value)
  • A feature in HousingWire Product Guide ($8,000 value)

“Mortgage Tech Day offers an unparalleled opportunity for promising young companies to showcase their innovations to a target-rich audience of potential customers and investors,” General Partner of the TMC Emerging Tech Fund Sandy Selman said. “The event also gives us, as managers of the Fund, a front row seat to see these companies in action and whether to include them in our investment pipeline. We invite professionals from across the industry to attend, engage with these innovative companies, and help select the winner by casting their vote.”

Date: March 16, 2025
Location: Live! By Loews, Arlington, TX (Room DE)
Time: 3 PM – 5 PM CT

Secure your spot today: Click here to register

About TMC Emerging Technology Fund LP

TMC Emerging Technology Fund LP (the “Fund”) is a specialist fintech fund explicitly focused on the mortgage industry and immediately adjacent verticals. Its Limited Partners consist of some of the most technology-forward lender members of TMC and help the Fund understand where the industry is headed, what will work, what won’t and why. The Fund continues to look for investments in exciting companies that will have the most profound impact on this multi-trillion-dollar industry. For more information, please reach out to info@tmctechfund.com.

About The Mortgage Collaborative

The Mortgage Collaborative (TMC) is a membership-driven organization dedicated to empowering mortgage lenders across the United States through networking, education, and advocacy. Our goal is to support the success of our members by fostering an environment of collaboration and innovation. For more information, visit http://www.mortgagecollaborative.com/

### UPDATED 12:27pm PDT 3.10.25 to fix an inadvertent error in the text.

NEWS SOURCE: The Mortgage Collaborative


This press release was issued on behalf of the news source (The Mortgage Collaborative), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/the-mortgage-collaborative-3-16-25-mortgage-tech-day-presents-five-startups-to-compete-in-dallas-pitch-event/

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Stack Sports Recognized as a Leader in Sports Technology and Expands Global Impact in 2024

DALLAS, Texas, March 3, 2025 (SEND2PRESS NEWSWIRE) — Stack Sports, the world’s largest provider of sports management solutions, celebrates another year of innovation, growth, and impactful partnerships in 2024. As the trusted partner to over 50 million users worldwide, Stack Sports remains steadfast in its mission to grow participation and transform the sports experience through cutting-edge technology and partner-focused solutions.

Stack Sports
Image caption: Stack Sports.

In a significant recognition of its efforts, Stack Sports has been named one of the “Most Impactful Companies in Sports” by Front Office Sports. Sharing the stage with industry leaders like the San Francisco 49ers, Detroit Pistons, and the National Hockey League, Stack Sports stands out as a transformative force in the sports industry. “The most impactful sports organizations understand their influence extends beyond business growth and revenue generation. They’re the leaders who continually leverage their platforms to create meaningful change in their communities, the sports industry, and society at large,” stated Front Office Sports.

TRANSFORMING THE YOUTH SPORTS EXPERIENCE

Stack Sports continues to revolutionize youth sports management, making it easier than ever for athletes, parents, and volunteers to engage with their favorite sports. In 2024, Stack Sports powered over 10 million registrations and supported more than 15 million mobile app users, delivering seamless experiences that keep the focus on growing the game, not the paperwork.

“At ASA [Arizona Soccer Association] we are on a mission to foster physical, mental, and emotional growth and development through soccer. We partnered with Stack Team App, because it provides an efficient platform to communicate with our soccer community, helping us better fulfill our goals,” said Chris Webb, Chief Soccer Officer of Arizona Soccer Association. “With Stack Team App and Stack Sports, we know we have a partner who is aligned with our mission and delivering a great product for our organization.”

With a commitment to innovation and customer success, Stack Sports has continued to deepen its relationships in existing sports while expanding its presence in emerging sports, ensuring that organizations have the tools they need to grow participation. From intuitive registration platforms to powerful mobile solutions, Stack Sports continues to drive unmatched engagement and partner value, helping leagues, clubs, and governing bodies provide the best possible experience for their communities.

“Little League has always valued our long-standing partnership with Stack Sports and Sports Connect as our Official League Technology Provider,” said Liz DiLullo Brown, Little League EVP | Chief Marketing and Business Relationship Officer. “Our volunteers and local leagues rely on their innovative technology, dependable support, and administrative solutions to operate their Little League programs efficiently, keeping the focus on creating the best experience for athletes, families, and their community.”

EXPANDING GLOBAL REACH

Stack Sports continues to empower organizations across the globe, most recently partnering with Baseball New Zealand to expand the reach of baseball in the country. By implementing Stack GameDay’s Passport platform, Baseball New Zealand will improve membership and competition management to support the sport’s growth.

“We are thrilled to be partnering with GameDay for our member and competition management system,” said Meg Crockett, CEO of Baseball New Zealand. “This will provide a one-stop shop for baseball’s member registrations, competition management, tournaments, communications, and much more. It’s a game-changer for our community, improving efficiencies and enhancing the user experience for members and administrators alike.”

SUPPORTING ATHLETE DEVELOPMENT

Stack Sports’ CaptainU has been named the official recruiting partner of the North American Hockey League (NAHL) Combines and NAHL Prospects Challenge. By integrating CaptainU’s powerful recruiting platform, Stack Sports is helping high school athletes achieve their dreams of playing collegiate hockey.

“We are excited to deepen our partnership with Stack Sports and integrate CaptainU into our player development ecosystem,” said Dennis Vickers, National American Hockey League Director of Player Development. “By leveraging CaptainU, we’re providing athletes with comprehensive support, guiding them from youth hockey to college recruitment.”

As Stack Sports reflects on a year of collaboration and growth, it’s clear that innovation and partner success remain at the heart of its mission. From groundbreaking global partnerships to programs that reduce barriers to participation, Stack Sports is committed to delivering meaningful impact for its partners and the broader sports community.

“At Stack Sports, our mission is clear: we help grow our partners and grow participation in sports,” said Jeff Young, CEO of Stack Sports. “From expanding grassroots engagement to breaking down financial barriers, every initiative we undertake is focused on empowering our partners and making sports accessible to everyone. We are proud to celebrate the milestones achieved this year and look forward to continuing to drive meaningful impact in the sports community.”

About Stack Sports:

With over 50 million users in 35 countries, Stack Sports is a global technology leader in SaaS platform offerings for the sports industry. The company provides world-class software and services to support national governing bodies, youth sports associations, leagues, clubs, parents, coaches, and athletes. Some of the largest and most prominent sports organizations, including the U.S. Soccer Federation, Little League Baseball and Softball, and Pop Warner Little Scholars, rely on Stack Sports technology to run and manage their organizations.

Stack Sports is headquartered in Dallas and is leading the industry one team at a time focusing on four key pillars — Grassroots Engagement, Participation Growth, Recruiting Pathways, and Elite Player Development. To learn more about how Stack Sports is transforming the sports experience, please visit https://stacksports.com/.

NEWS SOURCE: Stack Sports


This press release was issued on behalf of the news source (Stack Sports), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/stack-sports-recognized-as-a-leader-in-sports-technology-and-expands-global-impact-in-2024/

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ProNotary to Exhibit at American Bar Association Tech Show 2025, Showcasing Cutting-Edge Remote Online Notarization Technology

DALLAS, Texas, Feb. 26, 2025 (SEND2PRESS NEWSWIRE) — ProNotary, a leader in remote online notarization (RON) technology, is pleased to announce its participation in the ABA Tech Show 2025, taking place April 2-5, 2025, in Chicago. The event, a premier legal technology conference, will bring together industry leaders, law firms, and tech innovators to explore the latest advancements in legal tech.

ProNotary - remote online notarization
Image caption: ProNotary – remote online notarization.

As legal professionals increasingly adopt digital solutions to streamline document execution, ProNotary will demonstrate how its innovative RON platform enhances efficiency, security, and compliance. Conference attendees can visit ProNotary at Booth 6040 to learn how its platform simplifies the notarization process for attorneys, law firms, and businesses.

“We are excited to showcase ProNotary at the ABA Tech Show and demonstrate the simplicity of our platform,” said Katie Tremulis, Sales and Marketing Executive at ProNotary. “With remote online notarization becoming an essential tool in the legal industry, our mission is to provide seamless, compliant, and secure solutions tailored to the needs of legal professionals.”

ProNotary’s cutting-edge RON technology eliminates geographical barriers, reduces operational costs, and provides a seamless experience for both notaries and clients. Designed to meet the highest legal and security standards, ProNotary continues to set the benchmark for secure, efficient, and user-friendly digital notarization solutions.

Visit ProNotary at ABA Tech Show 2025:

  • Booth 6040
  • April 2-5, 2025
  • Chicago, IL

For more information on ProNotary’s participation at ABA Tech Show 2025, visit www.pronotary.com or contact katie@pronotary.com.

About ProNotary:

ProNotary is a leading provider of remote online notarization (RON) solutions, offering a secure, compliant, and intuitive platform for notaries, law firms, real estate professionals, and businesses. With comprehensive software training and seamless onboarding, ProNotary makes it easy to transition to digital notarization. Built to the highest legal and security standards, ProNotary empowers professionals to notarize documents online with confidence.

Learn more at https://www.pronotary.com/.

NEWS SOURCE: ProNotary


This press release was issued on behalf of the news source (ProNotary), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/pronotary-to-exhibit-at-american-bar-association-tech-show-2025-showcasing-cutting-edge-remote-online-notarization-technology/

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Zeteo Biomedical Introduces CygnusMR™ and CygnusSDX™ Delivery Devices for Nasal Administration of Dry Powder Drugs and Biologics

Innovative Needle-Free Nasal Powder Delivery Systems Enhance Drug and Vaccine Development

CEDAR PARK, Texas, Feb. 19, 2025 (SEND2PRESS NEWSWIRE) — Zeteo Biomedical LLC today announced the launch of its ZTech-P CygnusMR™ and CygnusSDX™ delivery devices, designed for precise, metered-unit dosing of dry powder drugs and biologics via systemic nasal and nose-to-brain administration. These innovative needle-free delivery systems provide pharmaceutical and biotech companies with advanced solutions to accelerate the development, clinical evaluation, and commercial deployment of dry powder nasal combination products for a broad range of therapeutic applications.

Zeteo Biomedical Introduces CygnusMR and CygnusSDX Delivery Devices

Image Caption: Zeteo Biomedical Introduces CygnusMR™ and CygnusSDX™ Delivery Devices for Nasal Administration of Dry Powder Drugs and Biologics.

Intranasal dry powder formulations offer significant advantages, including enhanced stability, extended shelf life, and improved bioavailability. Systemic nasal administration enables rapid, needle-free drug uptake, while nose-to-brain delivery bypasses the blood-brain barrier, allowing direct therapeutic access to the brain. The CygnusMR and CygnusSDX devices are designed for both patient self-administration and caregiver-assisted use, with configurations available for both adult and pediatric patients as well as a variety of animal species.

“The CygnusMR nasal delivery device is the industry’s first cartridge-reloadable nasal powder delivery system, featuring onboard storage for up to six unit doses and a replaceable nasal tip,” said Timothy Sullivan, CEO of Zeteo Biomedical. “Both the CygnusMR and CygnusSDX devices have undergone extensive analytical and in-vivo preclinical testing over the past several years to ensure optimal performance and reliability.”

Zeteo’s intranasal delivery devices leverage proprietary packaging technology that utilizes a Form Fill Seal (FFS) flexible foil blister system, eliminating the supply chain constraints associated with traditional drug packaging methods such as syringes and glass vials. This innovative approach provides superior protection for pharmaceuticals and biologics while allowing for storage under room temperature, refrigerated, or frozen conditions. The scalable ZTech FFS packaging platform enables the high-volume production of millions of doses per day—a critical capability for the rapid, cost-effective deployment of vaccines and medical countermeasures on a global scale.

Learn more: https://zeteobiomed.com/intranasal-drug-delivery/

About Zeteo Biomedical LLC:

Zeteo Biomedical™ is a leading biomedical device technology company headquartered in Cedar Park, Texas. The company provides novel technology and technical services supporting the development and commercialization of drug/device combination products, and fill/finish packaging solutions for pharmaceuticals, biopharmaceuticals, biologics, and botanicals. Zeteo’s technology applications include drug/device combination products for intranasal, nose-to-brain, ophthalmic, sublingual, and animal care applications. For more information please visit the Zeteo website at: https://www.zeteobiomed.com/.

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Image Caption: Zeteo Biomedical Introduces CygnusMR™ and CygnusSDX™ Delivery Devices for Nasal Administration of Dry Powder Drugs and Biologics.

NEWS SOURCE: Zeteo Biomedical LLC


This press release was issued on behalf of the news source (Zeteo Biomedical LLC), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

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System4 Expands Further in Texas, Opens Austin Office

System4 simplifies processes for business owners, operators, and management by saving time, reducing complexity and overall cost

AUSTIN, Texas, Feb. 17, 2025 (SEND2PRESS NEWSWIRE) — System4 Facility Services Management (“System4”), a leading company in facility management solutions that specializes in customized commercial cleaning, disinfection and repair and maintenance services announced that a new office has opened in Austin, Texas. System4 of Austin will be servicing Bastrop, Burnet, Caldwell, Hays, Travis and Williamson Counties.

System4 Facility Services Management
Image caption: System4 Facility Services Management.

System4 of Austin will be your one-stop shop for customized solutions that seamlessly deliver facility services within your budget and is powered by the winning combination of people and software. Whether you are looking for a commercial cleaning, disinfection, or building maintenance, we have you covered – inside and out!

On January 21, 2025, Matthew Scott opened the System4 of Austin location. System4 of Austin’s office is located at 13341 W US Highway 290, Building 2, Austin, TX, 78737 and can be reached at 888-303-6931.

“Matthew’s unique background and entrepreneurial spirit has impressed me since our first call,” said Scott Kubec, Chief Operating Officer, System4 Facility Services Management. “He has a clear vision and the drive to build a successful business and deliver first-class services to the Austin business community.”

“I’m excited to bring System4 to Travis, Hays, Williamson and portions of the surrounding counties in the Austin Metropolitan area. My decision to partner with System4 was driven by the opportunity to assist businesses of all sizes, saving them time and money when it comes to management of their facilities,” said Matthew Scott, Franchise Partner, System4 of Austin.

“I also appreciate System4’s strong commitment to customer service and their investment in unique solutions for the benefit of our customer base. There is simply no other facilities management company with the experience and expertise of System4. We look forward to becoming the best facility services management company in the Austin area.”

About System4:

Founded in 2004, System4 Facility Services Management has become an industry leader in commercial cleaning, disinfection and repair and maintenance. With more than 60 locations nationally, System4 manages the interior and exterior of any size or type facility. As a business’s one point of contact for all facility service needs, System4 simplifies processes for business owners, operators, and management by saving time, reducing complexity and overall cost.

Learn more: https://system4.com/.

MULTIMEDIA:

LOGO link for media: https://www.Send2Press.com/300dpi/0501-s2p-system4-300dpi.jpg

MEDIA ONLY CONTACT:
Scott Kubec – Chief Operating Officer
skubec@system4.com
440-409-2686

NEWS SOURCE: System4 Facility Services Management


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January Mortgage Lock Data Shows Year-Over-Year Improvement in Refinance Volume Despite Higher Rates

Optimal Blue's January 2025 Market Advantage mortgage data report highlights a softening purchase market, boost in refi demand among elevated rates

PLANO, Texas, Feb. 13, 2025 (SEND2PRESS NEWSWIRE) — Optimal Blue today released its January 2025 Market Advantage mortgage data report, revealing a sharp rise in year-over-year (YoY) refinance activity alongside a drop in purchase lock counts. The decline in purchase lock counts marks the lowest January count since Optimal Blue began tracking this data in 2019. Meanwhile, refinance lock volume surged even though the Optimal Blue Mortgage Market Indices (OBMMI) 30-year ticked above 7% for the first time since May.

Optimal Blue's January 2025 Market Advantage mortgage data report
Image caption: Optimal Blue’s January 2025 Market Advantage mortgage data report.

“January lock data shows two important ways constrained affordability is impacting the housing finance market. On one hand, refinance activity saw impressive YoY growth despite elevated rates, signaling a growing pool of homeowners with mortgage rates high enough to justify a refinance. On the other hand, purchase lock counts declined YoY, marking the lowest January figures since we began tracking this data in 2019,” said Brennan O’Connell, director of data solutions at Optimal Blue. “A combination of high home prices and rates are curbing purchase activity, while at the same time fueling refinance demand among homeowners who purchased when rates were even higher.”

Key findings from the Market Advantage report, derived from direct-source mortgage lock data, include:

  • Refinance activity surges YoY: Despite rates remaining above 6.8%, total refinance lock volume grew more than 20% YoY for both rate-and-term and cash-out refinances. This indicates that a growing share of borrowers with higher-rate mortgages are finding opportunities to refinance, such as those who purchased between August and November of 2023.
  • Purchase lock volume rises MoM but declines YoY: Purchase lock volume climbed 16% from December, reflecting typical seasonal momentum at the start of the year. However, YoY purchase lock counts – which control for home price appreciation – were down 6%, marking the lowest January figures in six years. This follows a strong end to 2024 and will be an important trend to watch moving forward.
  • Rates hold steady after an early-month jump: The OBMMI 30-year conforming rate started January above 7% but rallied late in the month, ending at 6.84% (up just 1 basis point). Other key rate indices followed a similar pattern, with jumbo rates up 2 bps, FHA rates unchanged, and VA rates up 4 bps.
  • Conforming loan share remains near record lows: After hitting a multi-year low in December, conforming loan share edged up slightly to 51% of total production but remained near historical lows. This was offset by small declines in nonconforming and FHA loan share. VA lending share held steady.
  • Credit scores show mixed trends: The average credit score for purchase and rate-and-term refinance loans rose by 1 point to 738 and 728, respectively. Meanwhile, the average credit score for cash-out refinances declined by 4 points to 693.
  • Home prices increase while loan amounts remain stable: The average home purchase price rose from $473.7K to $476.2K, while the average loan amount dipped slightly from $376.9K to $376.4K.

The full Market Advantage report, which provides more detailed findings and additional insights into U.S. mortgage market trends, can be viewed at (PDF): https://www2.optimalblue.com/wp-content/uploads/2025/02/OB_MarketAdvantage_MortgageDataReport_Jan2025.pdf.

This month’s Market Advantage podcast, which was recorded on-site at the Optimal Blue Summit, features HousingWire Editor in Chief Sarah Wheeler as a guest commentator. Access the podcast: https://market-advantage.captivate.fm/listen.

About the Market Advantage Report:

Optimal Blue issues the Market Advantage mortgage data report each month to provide early insight into U.S. mortgage trends. Leveraging lender rate lock data from the Optimal Blue PPE – the mortgage industry’s most widely used product, pricing, and eligibility engine – the Market Advantage provides a view of early-stage origination activity. Unlike self-reported survey data, mortgage lock data is direct-source data that accurately reflects the in-process loans in lenders’ pipelines.

Nothing herein shall be construed as, nor is Optimal Blue providing, any legal, trading, hedging, or financial advice.

About Optimal Blue:

Optimal Blue effectively bridges the primary and secondary mortgage markets to deliver the industry’s only end-to-end capital markets platform. The company helps lenders of all sizes and scopes maximize profitability and operate efficiently so they can help American borrowers achieve the dream of homeownership. Through innovative technology, a network of interconnectivity, rich data insights, and expertise gathered over more than 20 years, Optimal Blue is an experienced partner that, in any market environment, allows lenders to optimize their advantage from pricing accuracy to margin protection, and every step in between. To learn more, visit https://OptimalBlue.com/.

NEWS SOURCE: Optimal Blue


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ProNotary launches comprehensive training program to help businesses seamlessly integrate remote notarization into their operations

ProNotary is helping companies future-proof their operations and stay ahead in an increasingly digital marketplace

DALLAS, Texas, Feb. 12, 2025 (SEND2PRESS NEWSWIRE) — ProNotary, a leading provider of remote online notarization (RON) technology, has launched a new comprehensive training program designed to help businesses seamlessly integrate remote notarization into their operations. This initiative aims to streamline onboarding, reduce knowledge loss due to turnover, and make RON adoption more accessible than ever.

ProNotary - remote online notarization
Image caption: ProNotary – remote online notarization.

“Remote notarization shouldn’t be a challenge—it should be an opportunity,” said Katie Tremulis, Sales and Marketing Executive at ProNotary. “We created this program to ensure offices can quickly train new team members, maintain operational efficiency, and fully leverage the benefits of remote notarization without disruption.”

With the real estate industry increasingly shifting toward digital-first transactions, companies face growing pressure to adopt secure, compliant, and efficient notarization solutions. However, the learning curve associated with RON can be a barrier—especially for companies dealing with staff turnover or expanding their remote services.

ProNotary’s new training program provides:

  • Step-by-step onboarding for professionals at all experience levels
  • Live and on-demand training to fit busy schedules
  • Guides and best practices to ensure compliance and efficiency
  • Support resources to keep teams up to speed as best practices evolve

By reducing the friction of onboarding and ensuring institutional knowledge is retained, ProNotary is helping companies future-proof their operations and stay ahead in an increasingly digital marketplace.

For partnership inquiries or more information, visit https://pronotary.com/ or katie@pronotary.com.

About ProNotary

ProNotary is a leading provider of remote online notarization software, empowering businesses with secure, scalable, and user-friendly solutions. From small firms to enterprise organizations, ProNotary helps companies integrate RON into their operations to enhance client experiences and streamline workflows.

VIDEO (YouTube): https://youtu.be/ca84ltXe-S8?si=yumD1aQgu019BgMo

### UPDATED 1:26 p.m. PST to fix an inadvertent error in company spelling in the headline.

NEWS SOURCE: ProNotary


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Celebrating Youth Sports Heroes: Stack Sports Names Winners of the 2024 Stack MVP Awards

PLANO, Texas, Feb. 7, 2025 (SEND2PRESS NEWSWIRE) — Stack Sports, the trusted leader in sports management technology, is honored to share the stories of 27 extraordinary individuals whose dedication and passion for youth sports have left a lasting impact on their communities.

2024 Stack MVP Awards
Image caption: Stack MVP Awards.

The Stack MVP Awards shine a spotlight on the unsung heroes of sports—coaches, volunteers, officials, athletes, and leaders—who pour their hearts into growing the game and inspiring those around them. These individuals embody the very best of sportsmanship, leadership, and service, making a profound impact on the lives of others.

On Tuesday, December 3, 2024, Jeff Young, CEO of Stack Sports, and Jeff Brunsburg, Chief Revenue & Strategy Officer, proudly announced the 2024 Stack MVP Award winners, sharing the heartfelt and inspiring stories behind their nominations. With over 1,000 nominations, these honorees stood out for their unwavering commitment.

THE 2024 STACK MVP AWARD WINNERS INCLUDE:

Stack Administrator of the Year

  • Broc Hamilton – Turlock Sports Park
  • Vanessa Garcia – Rancho Hills Titans Pop Warner
  • Kim Bowen – Georgia State Soccer Association

Stack Athlete of the Year

  • Cayden Perkins – Ambler Whitpain Trojans
  • Skyler Ortega – Arizona Arsenal ​​ECNL U18
  • Jewel Archer – Bucks County Girls Softball League
  • Keelon Russell – 2024 Elite 11 MVP, Duncanville High School, University of Alabama

Stack Board Member of the Year

  • Freddie Northern – Metro Youth Football Association
  • Dawnyelle Stocker – Ward 10 Softball
  • Joe Ruiz – Whittier Area Youth Soccer

Stack Coach of the Year

  • Tim Johnstone – Werribee Districts Football Club
  • Josh Seavey – Abbeville Youth Athletics
  • Abigail Earls – Carver Youth Cheer

Stack Community Leader of the Year Award

  • Luke Green – Elite Sport Services and New Canaan Football Club
  • Bentley Gerczak – SC Wave Titletown
  • Christopher Owens – Media Little League®

Stack President of the Year

  • Tyler Shugart – Union County Youth Sports Association
  • Kristin Withers – TJ Flag Football
  • Adam Evans – South Colonie Girls Softball

Stack Volunteer of the Year

  • Chelsea Van Ess – Niupi Development Academy
  • Molly Harrington – Play It Forward Youth Equipment Donation Program, Horsham Little LeagueⓇ, Blue Angels Fastpitch, Hatboro-Horsham High School Softball
  • Shanelle Waring-Woods – Ennis Hockey Club

Stack Leadership Award

  • Patrick Wilson – Little LeagueⓇ International
  • Evan Dabby – New Jersey Youth Soccer Association
  • Gloria Faber – New Mexico Youth Soccer Association

Partner of the Year Award

  • Lance Smith – Next Level Sports

Lifetime Achievement Award

  • Jon Butler – Pop Warner Little Scholars

“We’re incredibly proud to celebrate the achievements of these remarkable individuals who have not only excelled in their respective sports but have also shown unparalleled dedication to their communities,” said Jeff Young, CEO of Stack Sports. “Their passion, leadership, and commitment to making a difference are an inspiration to us all.”

The Stack MVP Awards stand as a testament to Stack Sports’ unwavering dedication to nurturing the growth of young athletes, empowering sports leaders, and championing sportsmanship values that unite communities and contribute to creating a more connected and vibrant sports ecosystem.

For more information about the 2024 Stack MVP Awards and to view the official announcement, please visit the Stack Sports website at https://stacksports.com/stack-mvp-awards.

About Stack Sports:

With nearly 50 million users in 35 countries, Stack Sports is a global technology leader in SaaS platform offerings for the sports industry. The company provides world-class software and services to support national governing bodies, youth sports associations, leagues, clubs, parents, coaches, and athletes. Some of the largest and most prominent sports organizations including the U.S. Soccer Federation, Little League Baseball and Softball, and Pop Warner Little Scholars rely on Stack Sports technology to run and manage their organizations.

Stack Sports is headquartered in Dallas and is leading the industry one team at a time focusing on four key pillars — Grassroots Engagement, Participation Growth, Recruiting Pathways, and Elite Player Development. To learn more about how Stack Sports is transforming the sports experience, please visit  https://stacksports.com/

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NEWS SOURCE: Stack Sports


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Click n’ Close’s SmartBuy™ Shared Appreciation Mortgage Program expands to Freddie Mac 30-year conventional loans

Homebuyers can now access 5% down payment assistance without restrictions on first-time purchases

ADDISON, Texas, Feb. 6, 2025 (SEND2PRESS NEWSWIRE) — Click n’ Close (CNC), a multi-state mortgage lender, today announced its SmartBuy™ Shared Appreciation Mortgage (SAM) program now features a 30-year, fixed-rate conventional option approved by Freddie Mac.

Click n' Close, Inc.
Image caption: Click n’ Close, Inc.

“Regardless of what is admittedly a difficult market for buyers, our SmartBuy Shared Appreciation Mortgage tool puts homeownership in reach for people who may not have thought it possible,” said Jeff Bode, owner and CEO of Click n’ Close. “Buyers can increase their financial stability and realize the benefits of what is, for most Americans, the largest investment of a lifetime.”

Launched in April 2024, CNC’s SAM program offers a below-market interest rate for first-lien FHA, USDA and now conventional loans and a repayable DPA second lien in exchange for a portion of the home’s appreciation [*note 1] during the first five years. After the five-year accumulation period, the shared appreciation amount is added to the second lien and amortized over the remaining term. The program has no restrictions on first-time purchases or income levels.

“CNC’s Shared Appreciation Mortgage program (SAM) combines with the DPA SmartBuy program to provide homebuyers with additional flexibility, helping them secure a home with minimal upfront costs while benefiting from shared appreciation in the property’s value over time,” Bode added. “Having a conventional option in addition to FHA and USDA simply helps make homeownership more accessible for a broader range of buyers.”

Industry professionals interested in the SAM program should contact their Click n’ Close wholesale or correspondent account representative.

About Click n’ Close, Inc.:

Click n’ Close, Inc. is a multi-state mortgage lender serving consumers and mortgage originators through its wholesale and correspondent channels and is also the nation’s leading provider of Section 184 home loans for Native Americans. In operation since 1940, Click n’ Close has thrived by retaining its entrepreneurial spirit and leading the market in innovation, including its adoption of eClosings and eNotes.

Combining this culture of innovation with a risk management mindset enables Click n’ Close to deliver new products to market that address the challenges facing both borrowers and third-party originators (TPOs). These innovations include its USDA one-time close construction loans, proprietary down payment assistance (DPA) program and reverse mortgage division. Its direct relationships with Fannie Mae, Freddie Mac, Ginnie Mae and private investors afford Click n’ Close direct access to the capital markets, thus ensuring maximum liquidity for its product innovations. By servicing its loan programs in-house, Click n’ Close provides its wholesale and correspondent partners with an additional level of certainty regarding loan salability and superior borrower service over the life of the loan.

Learn more at https://www.clicknclose.com/.

NOTES:
*NOTE 1: Shared appreciation amount will vary based on first-lien loan product type.

NEWS SOURCE: Click n' Close Inc.


This press release was issued on behalf of the news source (Click n' Close Inc.), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

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Mortgage Machine Awarded Its First HousingWire Tech100 Recognition

Mortgage Machine is recognized for outstanding client growth outcomes and dedication to digital security

ADDISON, Texas, Feb. 5, 2025 (SEND2PRESS NEWSWIRE) — Mortgage Machine™ Services (Mortgage Machine), an industry leader in digital origination technology to residential mortgage lenders, announced that it has been selected by HousingWire magazine for its annual TECH100 award, marking Mortgage Machine’s first-ever inclusion on the premier list of mortgage and real estate technology providers. The magazine chose Mortgage Machine for its high efficiency, dedication to security and outstanding client growth outcomes.

Mortgage Machine
Image caption: Mortgage Machine Services.

Over the past year, Mortgage Machine earned SOC 2®-compliance certification, underscoring its commitment to security and confidentiality standards. The platform enabled rapid growth for its clients, including a lender that scaled monthly loan volume from $10 million to $60 million within 45 days. Mortgage Machine also introduced Auto Split, an AI-powered enhancement to its Click n’ File system that automates document classification to reduce processing times. With proprietary technology capable of retrieving documents in 0.4 seconds and its seamless integration with DocMagic, Mortgage Machine drives operational efficiencies and scalability for lenders.

Mortgage Machine’s all-in-one loan origination system is purpose-built to simplify complex mortgage processes using workflow automation and digital enhancements to deliver a compliant, seamless lending experience. Highly innovative, Mortgage Machine incorporates cutting-edge document management and eClosing technology and is built on MISMO’s SMART Doc® data and security standards.

“Earning SOC 2-compliance certification and introducing advanced capabilities like Auto Split represent major milestones for Mortgage Machine,” said COO James Cassinelli. “These achievements reflect our dedication to security, scalability, and solving the real challenges lenders face, from document management to process automation. As a result, our ability to help clients achieve rapid growth sets Mortgage Machine apart.”

“Technology is at the core of progress in the housing industry,” said Clayton Collins, CEO of HW Media. “The companies recognized in this year’s Tech100 awards are leading innovation and delivering real-world impact to drive faster and more efficient processes in mortgage lending, capital markets, servicing and real estate. We’re seeing lending and real estate organizations separate from the pack through the development and implementation of technology that bolsters client experience, employee productivity and process automation.”

HousingWire’s TECH100 award seeks to highlight the most innovative technology companies across the housing sector. To view the complete list of winners, visit https://www.housingwire.com/articles/here-are-the-2025-tech100-mortgage-honorees/.

About Mortgage Machine™ Services, Inc.

Mortgage Machine™ is an industry leader in transforming residential mortgages using a range of digital solutions. Drawing on its extensive industry knowledge and advanced technology infrastructure, the company has been innovating in financial markets since 2007. Today, its flagship LOS product utilizes intelligent automation, configurable business workflows and a cloud-based infrastructure to optimize the entire loan lifecycle. By consolidating retail, wholesale, correspondent and home equity lending onto a single platform, Mortgage Machine™ enables lenders of all sizes to reduce cycle times, costs and risks while improving data quality and borrower satisfaction. Visit http://www.mmachine.net/ to learn more.

NEWS SOURCE: Mortgage Machine Services Inc.


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NotaryCam honored on HousingWire’s annual Tech100 list of premier technology providers for the 7th time

HOUSTON, Texas, Feb. 4, 2025 (SEND2PRESS NEWSWIRE) — NotaryCam®, a Stewart-owned company and a pioneering provider of remote online notarization (RON) and identity verification/authentication technology for real estate and legal transactions, today announced its inclusion in the prestigious Tech100 awards program. Now in its 13th year, HousingWire Magazine’s Tech100 program honors the most innovative and impactful organizations in the mortgage and real estate industries. NotaryCam has been recognized for its unique “Done For You” eClosing program, record growth, an increased nationwide footprint and industry-leading customer satisfaction.

HousingWire Tech100 Honoree
Image caption: HousingWire Tech100 Honoree.

Over the past year, NotaryCam executed over 154,000 RON transactions, including a 26% increase in loss mitigation-related transactions. Serving over one million users globally, NotaryCam’s industry-leading 86 Net Promoter Score (NPS, with over 23,427 responses and a mean score of 9.5), reflects its ability to meet growing demand from lenders for exceptional user experience and borrower support. NotaryCam expanded its nationwide footprint by securing RON provider approvals in South Dakota and California, positioning itself to support transactions in states that recently passed RON legislation. Additionally, NotaryCam grew its client base by adding over 75 new customers and expanding into new verticals, solidifying its role as a leader in digital notarization solutions.

The Tech100 list can be leveraged to identify partners and solutions for the challenges that mortgage lenders and real estate professionals face every day. NotaryCam’s eClose 360® platform helps lenders address borrower demand for digital mortgage solutions by providing an end-to-end eClosing solution. Seamlessly integrated with top document providers such as DocMagic and Asurity, NotaryCam supports lenders and title companies, reduces human error, improves closing times and delivers secure, customizable signing room options. Its advanced features provide automated tagging, generate compliant eNotes and enable secure eVault management.

“Our record-breaking growth and expanded footprint highlight the growing demand for digital transformation in real estate and mortgage transactions,” said Brian Webster, president of NotaryCam. “By securing RON provider approvals in key states like South Dakota and California, NotaryCam is positioned to meet evolving market needs while ensuring a superior customer experience.”

“The 2025 Tech100 honorees are driving real transformation in mortgage and real estate,” said Sarah Wheeler, Editor-in-Chief at HousingWire. “These companies are not just enhancing processes—they’re redefining what’s possible. From streamlining lending operations to elevating the real estate experience, their innovations are paving the way for a more efficient and dynamic housing market.”

Explore the full list of 2025 HousingWire Tech100 honorees: https://www.housingwire.com/articles/here-are-the-2025-tech100-mortgage-honorees/.

About NotaryCam, a Stewart Company

NotaryCam, a Stewart-owned company, is the leader in online notarization and mortgage eClosing solutions, having notarized documents worldwide for more than a million customers across the United States and more than 146 countries. The company’s eClose360® platform delivers the “perfect” online mortgage closing in every jurisdiction where RON is allowed and supports all eClosing scenarios with a flexible workflow for document recording and unparalleled identity verification, security and customer convenience. In addition to real estate transactions, NotaryCam provides RON services to many Fortune 500 companies as well as small and midsize businesses. The company also proudly maintains an industry-leading 99.8 percent customer satisfaction rating and the highest Net Promoter Score (NPS) amongst the best global tech brands.

Visit https://www.notarycam.com for additional information or to get a document notarized today.

About HousingWire

HousingWire is an information services company that provides unique data and research, respected business journalism and must-attend events for housing leaders to use to advance their understanding and business outcomes. Our vision is a world in which housing leaders have a complete view of the housing market, and a broad community of peers with whom they can connect. We are committed to delivering the data, analytics, media, and events that advance this vision.

Because housing is too important for narrow perspectives and missed connections. Informed housing leaders are better housing leaders. A connected housing industry is a better housing industry. And the full picture always reveals new opportunities.

NEWS SOURCE: NotaryCam Inc.


This press release was issued on behalf of the news source (NotaryCam Inc.), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

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NotaryCam Drives Digital Transformation with Record Growth in 2024

HOUSTON, Texas, Jan. 28, 2025 (SEND2PRESS NEWSWIRE) — NotaryCam®, a Stewart-owned company and leading remote online notarization (RON) provider for real estate and legal transactions, announced a milestone year in 2024, having completed more than 154,000 RON transactions. The company also experienced a 26% increase in loss mitigation-related RON transactions through its real estate vertical, reflecting its ability to address lenders’ needs for efficient borrower support.

NotaryCam Drives Digital Transformation with Record Growth in 2024
Image caption: NotaryCam Drives Digital Transformation with Record Growth in 2024.

“2024 has been a pivotal year for NotaryCam as we’ve embraced new opportunities and tackled industry challenges head-on,” said Brian Webster, president of NotaryCam. “Through the expansion of our platform, enhancements to client support, and unwavering commitment to innovation, we’re empowering lenders, title companies and borrowers to fully embrace the digital transformation of real estate and mortgage closings.”

NotaryCam achieved key state approvals in South Dakota and California, paving the way for expanded digital notarization capabilities nationwide. This growth enabled the company to onboard more than 75 new clients and extend its services across multiple verticals.

Among its most notable 2024 achievements, NotaryCam:

  • Launched its “Done For You” eClosing program, providing seamless transitions to full digital closings, complete with eNote creation and secure eVault options.
  • Enhanced platform features with integrations like DocMagic, reducing document error rates and improving signing accuracy through conditional annotations and grouped tags.
  • Maintained an industry-leading Net Promoter Score (NPS) of 86, based on over 23,000 responses with an average score of 9.5, reflecting exceptional customer satisfaction.

NotaryCam’s 2024 accomplishments continue positioning the company as a trusted partner for digital notarization and mortgage eClosing solutions, supported by its scalable, MISMO-certified eClose360® platform. With advanced features, including automated tagging, secure signing rooms and integration flexibility, the platform has become a benchmark for reliability and efficiency in the industry.

About NotaryCam, a Stewart Company

NotaryCam, a Stewart-owned company, is a leader in online notarization and mortgage eClosing solutions, having notarized documents worldwide for more than a million customers. The company’s eClose360® platform delivers the “perfect” online mortgage closing in every allowable jurisdiction and supports all eClosing scenarios with a flexible workflow for document recording and unparalleled identity verification, security and customer convenience. In addition to real estate transactions, NotaryCam provides RON services to many Fortune 500 companies as well as small and midsize businesses. The company also proudly maintains an industry-leading 99.8 percent customer satisfaction rating and the highest Net Promoter Score (NPS) amongst the best global tech brands.

Visit https://www.notarycam.com for additional information or to get a document notarized today.

NEWS SOURCE: NotaryCam Inc.


This press release was issued on behalf of the news source (NotaryCam Inc.), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

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Concerned Shareholders of WOW issues the following letter to shareholders of WOW and WOW Management regarding the Unsolicited Non-Binding Proposal

AUSTIN, Texas, Jan. 23, 2025 (SEND2PRESS NEWSWIRE) — Concerned Shareholders of WOW today issued the following letter to the management of WOW. More details can be found on its website (WowShareholders.com):

To the Management and Board of Directors of WideOpenWest, Inc. (WOW),

We, as concerned stakeholders and shareholders of WideOpenWest, are writing to formally request an update regarding the unsolicited non-binding preliminary proposal submitted on May 3, 2024, by DigitalBridge Investments, LLC and Crestview Partners. This proposal, offering $4.80 per share in cash for all outstanding shares not currently owned by Crestview, has significant implications for the future of WOW! and its shareholders.

Concerned Shareholders of WOW
Image caption: Concerned Shareholders of WOW.

It has been over eight months since this proposal was announced, during which time your board established a special committee to evaluate the offer.

Despite this, there has been no substantive communication or transparency regarding the progress or outcome of these deliberations.

Given the importance of this matter to shareholders and the broader market, we believe it is imperative for WOW to provide clarity on the following points:

Status of the Special Committee’s Evaluation: What is the current status of the special committee’s review of the proposal? Have any decisions or recommendations been made?

Fairness and Valuation: How does the board assess the $4.80 per share offer in light of WOW’s intrinsic value and recent financial performance? Notably, some shareholders have publicly criticized this valuation as inadequate, suggesting a fair value above $10 per share.

Strategic Alternatives: Has the board considered other strategic options beyond accepting or rejecting this proposal? For instance, are there plans to explore alternative buyers or partnerships that could maximize shareholder value?

Transparency and Shareholder Engagement: Why has there been limited communication with shareholders regarding this critical proposal? What steps will WOW take to ensure greater transparency moving forward?

As shareholders, we have a vested interest in ensuring that any decision regarding this proposal is made transparently and in alignment with maximizing shareholder value. The lack of updates creates uncertainty and undermines confidence in WOW’s leadership.

We urge you to address these concerns promptly by providing a comprehensive update on the status of this proposal and its evaluation.

We also request that you outline a clear timeline for further disclosures to ensure that all stakeholders are kept informed.

If we do not receive a satisfactory response within a reasonable timeframe, we will have no choice but to escalate our efforts by initiating a proxy campaign aimed at replacing members of the Board of Directors who fail to act in the best interests of shareholders.

This step is not taken lightly but reflects our commitment to ensuring accountability and protecting shareholder value.

Thank you for your attention to this matter.

We look forward to your prompt response.

Sara Konstantine
On behalf of Concerned Shareholders of WOW

*This letter reflects our collective commitment to transparency, accountability, and the best interests of all WOW stakeholders*

More information: https://www.wowshareholders.com/

NEWS SOURCE: Concerned Shareholders of WOW


This press release was issued on behalf of the news source (Concerned Shareholders of WOW), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

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DataBahn Launches ‘Cruz,’ industry’s first Agentic AI-based ‘Data-Engineer-in-a-box’

DALLAS, Texas, Jan. 22, 2025 (SEND2PRESS NEWSWIRE) — DataBahn.ai (“DataBahn”), a trailblazer in Data Pipeline Management (DPM) and Data Fabric solutions, has unveiled Cruz, a cutting-edge AI agent tailored to revolutionize data engineering and operations. Purpose-built to address the complexities of modern data ecosystems, Cruz is designed to streamline processes, optimize workflows, and empower organizations to harness their data with unmatched efficiency.

DataBahn.ai
Image caption: DataBahn.ai.

Leveraging the power of generative AI and large language models (LLMs), Cruz autonomously orchestrates complex data workflows, enabling organizations to streamline operations, reduce costs, and eliminate the manual burdens often associated with managing data pipelines.

Cruz empowers data teams by automating critical processes like log discovery, data onboarding, normalization, transformation, optimization, and operational monitoring. Acting as an autopilot for engineering teams, Cruz integrates seamlessly into existing data ecosystems to ensure that organizations can scale efficiently without compromising data quality or operational reliability. In a nutshell, Cruz is an enterprise’s “Data-Engineer-in-a-box.”

Data Engineering teams spend over 80% of their time on manual pipeline maintenance, hindering scalability, security, and compliance of your organization.

As an agentic AI, Cruz can learn and adapt from data and use it over time, offering more relevant insights and alerting anomalous data stream behavior with greater accuracy.

In the Cybersecurity context, Cruz excels by autonomously keeping track of new event types, automatically addressing schema drifts and format changes, and transforming data into any data model such as CIM, ECS, or OCSF.

By continuously monitoring pipeline health, Cruz enables security teams to maintain robust threat detection, reduce operational overhead, and ensure seamless compliance with evolving standards and architectures.

“Cruz ensures 70% average cost savings for enterprises, 90% faster insights, and offers 99% improved visibility across your data.”

Aditya Sundararam, Chief Product Officer of Databahn, said, “Cruz represents a paradigm shift in how data engineering is approached. The foundation of Cruz lies in its ability to combine reasoning and action through advanced AI models. It autonomously optimizes workflows while maintaining human oversight, ensuring responsible AI adoption and full auditability.

“Cruz isn’t just about automating tasks – it’s about creating a collaborative ecosystem between AI and data teams. With the growing complexity of hybrid cloud architectures and an ever-increasing influx of data, data teams face unprecedented challenges in scaling their workflows effectively. Cruz directly addresses these challenges by autonomously managing pipelines and reducing operational overhead.”

Alec Kloss, Distinguished Engineer at Databahn, said, “Data engineering at scale has never been easier. Cruz enables teams to handle exponential data growth with precision and efficiency, making it a game-changer for businesses looking to optimize their data operations.”

Cruz represents DataBahn’s commitment to delivering cutting-edge AI solutions that streamline and optimize data operations. Fully integrated with the company’s Data Fabric platform, Cruz offers advanced features for managing complex data ecosystems, automating workflows, and driving AI-powered data engineering. Available worldwide, Cruz is ready to help Databahn.ai customers transform their data processes.

Learn more or schedule a demo at https://databahn.ai/.

About DataBahn:

DataBahn.ai is a leader in AI-driven Data Pipeline Management and Data Fabric solutions, helping organizations transform their data operations with innovative engineering and advanced analytics technologies. With its Data Fabric platform and cutting-edge AI capabilities, DataBahn.ai is committed to empowering organizations to harness the full potential of their data for a smarter, more connected future.

NEWS SOURCE: DataBahn.ai


This press release was issued on behalf of the news source (DataBahn.ai), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/databahn-launches-cruz-industrys-first-agentic-ai-based-data-engineer-in-a-box/

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Bridging Policy and People: How Nonprofit Story Bank Preserves Stories to Inspire Action

HOUSTON, Texas, Jan. 17, 2025 (SEND2PRESS NEWSWIRE) — As the nation honors the enduring legacy of Dr. Martin Luther King Jr. and anticipates the transition to a new administration, the importance of amplifying the voices of those impacted by policies has never been greater. Nonprofit Story Bank is stepping forward to ensure these voices—the human stories behind the policies—are neither muffled or ignored.

Nonprofit Story Bank
Image caption: Bridging Policy and People: How Nonprofit Story Bank Preserves Stories to Inspire Action.

In today’s shifting social and media environment, where platforms like TikTok face restrictions and companies like Meta adjust their approach to fact-checking, platforms dedicated to truthful storytelling are increasingly critical. Nonprofit Story Bank provides an essential space to archive and share the stories of nonprofit organizations working directly with communities to address pressing issues.

“Policies affect real people in profound ways,” says Lisa N. Alexander, Executive Director of Nonprofit Story Bank. “Our mission is to connect policymakers, media, and the public with the stories that highlight the human impact of decisions made at every level.”

Nonprofit Story Bank focuses on:

Archiving Stories: Building a repository of narratives that reflect the lived experiences of individuals and communities.

Amplifying Voices: Sharing these stories widely to ensure they inform public discourse and decision-making.

Empowering Change: Supporting communities in advocating for their needs and priorities through accessible storytelling.

Releasing this message ahead of the inauguration and the official MLK Day celebration underscores the pressing need to amplify stories that champion justice, equality, and understanding during this transformative moment in history. Nonprofit Story Bank is committed to ensuring these voices are preserved and shared—not merely as a record of the past but as a catalyst for action and a bridge to deeper, more meaningful connections.

“In a time when endless information often drowns out the voices of those directly impacted by policies, storytelling is still one of the most powerful tools we have,” says Alexander. “Nonprofit Story Bank is dedicated to ensuring these voices are heard and their stories remembered.”

We invite nonprofit organizations, activists, and community leaders to join us in this mission. Together, we can document and share the stories that shape our world.

For more information, visit https://www.nonprofitstorybank.com/.

MULTIMEDIA:

Image link for media: https://www.Send2Press.com/300dpi/25-0117-s2p-npstorybank-300dpi.jpg

Image caption: Bridging Policy and People: How Nonprofit Story Bank Preserves Stories to Inspire Action

NEWS SOURCE: Nonprofit Story Bank


This press release was issued on behalf of the news source (Nonprofit Story Bank), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/bridging-policy-and-people-how-nonprofit-story-bank-preserves-stories-to-inspire-action/

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December Mortgage Lock Data Reveals Year-Over-Year Increases Across All Loan Types Despite Seasonal Downturn

Optimal Blue's December 2024 Market Advantage report highlights annual mortgage production gains and record low conforming loan share

PLANO, Texas, Jan. 14, 2025 (SEND2PRESS NEWSWIRE) — Optimal Blue today released its December 2024 Market Advantage mortgage data report, showcasing year-over-year (YoY) growth in mortgage activity, even as seasonal trends led to a month-over-month (MoM) decline in rate lock volumes. Overall, December mortgage lock volume was up 26% YoY, driven by an 18% increase in purchase locks, a 43% rise in cash-out refinances, and an 82% jump in rate-and-term refinances.

Optimal Blue December 2024 Market Advantage report
Image caption: Optimal Blue December 2024 Market Advantage report.

“December’s data illustrates how the market can adapt to shifting conditions,” said Brennan O’Connell, director of data solutions at Optimal Blue. “While a seasonal dip was expected, the year-over-year growth reflects resilience and an increasing demand for refinance opportunities driven by rate adjustments. Notably, conforming loan share has hovered around historic lows for the past five months, hitting 51% last month. This trend illustrates how borrowers are relying increasingly on government and non-conforming loans to finance in a challenging market.”

Key findings from the Market Advantage report, derived from direct-source mortgage lock data, include:

  • Rates fluctuate, ending December higher: After initial declines, rates rose throughout the month. The Optimal Blue Mortgage Market Indices (OBMMI) 30-year conforming rate ended December at 6.83%, up 16 bps from the end of November. FHA and VA rates followed suit, rising 14 bps and 18 bps, respectively. Jumbo rates fell slightly, ending just below 7%.
  • Refinance activity spikes: The share of refinance locks climbed to 24%, the highest since September. Rate-and-term refinances surged 33% MoM, while cash-out refinances saw a 3% decline. Purchase volumes dropped 13% MoM, in line with seasonal norms, while cash-out refinances decreased 3%.
  • Production mix shifts continue: The conforming loan share dropped another 1.5% MoM to 51%, the lowest figure since Optimal Blue began reporting lock data in January 2018, marking continued movement away from GSE-eligible products. FHA, VA, and non-conforming loans gained ground, with FHA locks rising to 21%, VA at nearly 11.5%, and non-conforming loans at 16%.
  • Purchase credit quality hits seven-year high: Average homebuyer credit scores were higher each month in 2024 than the previous 72 months.
  • MoM credit trends are stable: Average credit scores for purchase and rate-and-term refinance locks fell by 2 points to 737 and 727, respectively. Cash-out refinance scores rose slightly, increasing by 2 points to 697.
  • Loan amounts plateau as home prices decline: The average loan amount rose by $500 to $376.9K, while average home purchase prices dropped $4.1K to $473.7K.

The full Market Advantage report, which provides more detailed findings and additional insights into U.S. mortgage market trends, can be viewed at: https://www2.optimalblue.com/wp-content/uploads/2025/01/OB_MarketAdvantage_MortgageDataReport_Dec2024.pdf

This month’s Market Advantage podcast features Shant Banosian, executive vice president of sales at Rate, as a guest commentator. Access the podcast: https://market-advantage.captivate.fm/listen.

About the Market Advantage Report

Optimal Blue issues the Market Advantage mortgage data report each month to provide early insight into U.S. mortgage trends. Leveraging lender rate lock data from the Optimal Blue PPE – the mortgage industry’s most widely used product, pricing, and eligibility engine – the Market Advantage provides a view of early-stage origination activity. Unlike self-reported survey data, mortgage lock data is direct-source data that accurately reflects the in-process loans in lenders’ pipelines.

Nothing herein shall be construed as, nor is Optimal Blue providing, any legal, trading, hedging, or financial advice.

About Optimal Blue

Optimal Blue effectively bridges the primary and secondary mortgage markets to deliver the industry’s only end-to-end capital markets platform. The company helps lenders of all sizes and scopes maximize profitability and operate efficiently so they can help American borrowers achieve the dream of homeownership. Through innovative technology, a network of interconnectivity, rich data insights, and expertise gathered over more than 20 years, Optimal Blue is an experienced partner that, in any market environment, allows lenders to optimize their advantage from pricing accuracy to margin protection, and every step in between. To learn more, visit https://OptimalBlue.com/.

NEWS SOURCE: Optimal Blue


This press release was issued on behalf of the news source (Optimal Blue), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/december-mortgage-lock-data-reveals-year-over-year-increases-across-all-loan-types-despite-seasonal-downturn/

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ProNotary Invites Businesses to Partner for Wildfire Disaster Relief with Remote Online Notarization Solutions

DALLAS, Texas, Jan. 13, 2025 (SEND2PRESS NEWSWIRE) — In the wake of devastating wildfires, ProNotary, a leading remote online notarization (RON) software provider, is stepping up to empower businesses with the tools needed to integrate RON into their operations. By partnering with ProNotary, organizations can help communities impacted by these natural disasters access essential services like notarizing insurance claims, property agreements, and legal documents – all from a secure, remote platform.

ProNotary - remote online notarization
Image caption: ProNotary – remote online notarization.

As wildfires continue to disrupt lives and businesses, traditional notarization methods pose significant challenges. ProNotary’s state-of-the-art software eliminates these obstacles by enabling companies to provide remote notarization services that are secure, scalable, and available 24/7.

“Disasters like wildfires underscore the need for flexible, efficient solutions,” said Katie Tremulis, spokesperson for ProNotary. “Our platform equips businesses to make a meaningful difference in their communities while improving their own service capabilities. It’s a win-win for everyone involved.”

Empowering Businesses with RON Technology

ProNotary’s platform provides the infrastructure for businesses to quickly and seamlessly integrate remote notarization services. Designed for ease of use, ProNotary offers:

  • Simple Integration: Businesses can incorporate RON into their workflows without disrupting existing operations.
  • Scalable Solutions: Whether a small firm or an enterprise, ProNotary’s software adapts to meet each organization’s unique needs.
  • Multi-Signer Capability: The platform supports multiple signers per session, ideal for complex transactions.
  • Compliance and Security: ProNotary ensures legal compliance with state regulations and employs advanced encryption for data protection.

Seeking Partnerships for Greater Impact

ProNotary is calling on forward-thinking organizations in the insurance, legal, real estate, and financial industries to collaborate in bringing RON services to wildfire-affected areas. These partnerships enable businesses to:

  • Expedite critical processes like insurance claims and legal document notarizations.
  • Extend services to clients in remote or evacuated areas.
  • Reduce administrative burdens and delays with digital workflows.

“Our platform isn’t just about technology—it’s about creating solutions that truly matter in times of crisis,” Tremulis added. “By partnering with us, businesses can help individuals and communities recover faster and more efficiently.”

ProNotary invites businesses and organizations interested in adopting remote online notarization to connect with their team. Together, we can make a meaningful impact by providing reliable and accessible services when they’re needed most.

For partnership inquiries or more information, visit https://pronotary.com/ or katie@pronotary.com.

About ProNotary

ProNotary is a leading provider of remote online notarization software, empowering businesses with secure, scalable, and user-friendly solutions. From small firms to enterprise organizations, ProNotary helps companies integrate RON into their operations to enhance client experiences and streamline workflows.

VIDEO (YouTube): https://youtu.be/ca84ltXe-S8?si=yumD1aQgu019BgMo

NEWS SOURCE: ProNotary


This press release was issued on behalf of the news source (ProNotary), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

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New Mexico Youth Soccer Association Renews Longstanding Partnership with Sports Connect to Drive Soccer Forward

PLANO, Texas, and ALBUQUERQUE, N.M., Jan. 8, 2025 (SEND2PRESS NEWSWIRE) — New Mexico Youth Soccer Association (NMYSA), the governing body for US Youth Soccer in New Mexico, is proud to announce an extended multi-year partnership with Sports Connect powered by Stack Sports. As the Exclusive Technology, Online Registration, and League Management Provider, Sports Connect will continue delivering innovative solutions for NMYSA, affiliated clubs, and leagues, empowering administrators, coaches, families, and players to thrive on and off the field.

Sports Connect and New Mexico Youth Soccer Association
Image caption: Sports Connect and New Mexico Youth Soccer Association extend partnership.

Through this extended collaboration, NMYSA will continue utilizing Sports Connect’s Split Pay feature, streamlining the billing process for collecting member fees efficiently across the state, clubs, and leagues.

Key Highlights of the Partnership Renewal Include:

  • Continued access to a robust, mobile-first registration platform.
  • Enhanced tools for schedule management, communication, and compliance tracking.
  • A comprehensive suite of additional features for code-free professional websites, data insights, real-time membership reporting, and more.
  • Seamless integration with NMYSA’s state database for efficient reporting and oversight.

Adam Abney, General Manager of Sports Connect, expressed his enthusiasm about the extended collaboration: “We are honored to continue our partnership with NMYSA, supporting their mission to grow and advance soccer in New Mexico. Through our technology solutions, we aim to reduce administrative burdens and allow more focus on creating exceptional soccer experiences for youth players.”

CELEBRATING EXCELLENCE: GLORIA FABER HONORED WITH STACK SPORTS LEADERSHIP MVP AWARD

In recognition of her exceptional dedication and impact on the youth soccer community, Gloria Faber, Executive Director of NMYSA, has been honored with a 2024 Stack Sports Leadership MVP Award. This national honor recognizes leaders who demonstrate unwavering commitment, innovation, and leadership in advancing youth sports within their communities.

“Gloria’s passion and dedication to soccer in New Mexico are truly inspiring. Her tireless efforts ensure clubs, leagues, and players have the resources and support to thrive,” said Adam Abney, General Manager of Sports Connect. “We are thrilled to recognize her contributions with this well-deserved award.”

The Stack Sports Leadership MVP Award highlights individuals who excel in their roles and make a measurable difference in their organizations and local communities. Gloria’s leadership has been instrumental in driving NMYSA’s success, fostering collaboration, and ensuring youth soccer continues to grow throughout the state.

Watch the 2024 Stack MVP Awards: https://youtu.be/YB91GrlFns4?si=fU9dw2eByO6MPeM-

ABOUT NEW MEXICO YOUTH SOCCER ASSOCIATION (NMYSA)

The New Mexico Youth Soccer Association is a 501(c)(4) non-profit and National Youth State Association of the United States Soccer Federation. Representing 18 leagues and 45 clubs, NMYSA serves nearly 24,000 registered players, coaches, and administrators across New Mexico and neighboring regions. NMYSA is dedicated to providing recreational and competitive soccer opportunities for youth aged 5-19. Learn more at https://www.nmysa.net/.

ABOUT STACK SPORTS

With nearly 50 million users across 35 countries, Stack Sports is the global leader in sports technology solutions. Serving some of the largest organizations, including the U.S. Soccer Federation, Little League Baseball, and Pop Warner, Stack Sports focuses on Grassroots Engagement, Participation Growth, Recruiting Pathways, and Elite Player Development. Learn more at https://stacksports.com/.

NEWS SOURCE: Stack Sports


This press release was issued on behalf of the news source (Stack Sports), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/new-mexico-youth-soccer-association-renews-longstanding-partnership-with-sports-connect-to-drive-soccer-forward/

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Mortgage Machine Services Fully Integrates AI-Powered Pricing Engine into Proprietary LOS

ADDISON, Texas, Jan. 8, 2025 (SEND2PRESS NEWSWIRE) — Mortgage Machine Services (Mortgage Machine), an industry leader in digital origination technology to residential mortgage lenders, announced that it now offers an artificial intelligence (AI)-powered pricing engine. The pricing engine ingests and updates pricing for a lender’s investors and aggregators automatically. With granular controls for administrators, including global and product-level pricing adjustments, real-time lock controls, and mark-to-market tracking against current market conditions, lenders can streamline secondary market processes.

Mortgage Machine
Image caption: Mortgage Machine Services.

“Our clients are already delivering outstanding feedback,” said COO James Cassinelli. “One client told us that the pricing engine provides great benefits and increases efficiency by reducing the friction introduced by pairing a separate pricing engine with an LOS. Instead of updating pricing details between two different solutions, loan officers can do it all in one.”

Using the pricing engine, loan officers can compare rates and see principal and interest breakdowns without switching screens or performing manual calculations. The pricing engine’s Best X feature allows users to efficiently identify the most competitive rates for their borrowers.

“We see the pricing engine as a necessity, rather than the bow on top,” said Cassinelli. “We have fully integrated the engine with Mortgage Machine’s loan origination system at no extra cost to our LOS users.”

To learn more about Mortgage Machine, visit https://www.mmachine.net/who/.

About Mortgage Machine™ Services, Inc.

Mortgage Machine™ is an industry leader in transforming residential mortgages using a range of digital solutions. Drawing on its extensive industry knowledge and advanced technology infrastructure, the company has been innovating in financial markets since 2007. Today, its flagship LOS product utilizes intelligent automation, configurable business workflows and a cloud-based infrastructure to optimize the entire loan lifecycle. By consolidating retail, wholesale, correspondent and home equity lending onto a single platform, Mortgage Machine™ enables lenders of all sizes to reduce cycle times, costs and risks while improving data quality and borrower satisfaction. Visit https://www.mmachine.net/ to learn more.

NEWS SOURCE: Mortgage Machine Services Inc.


This press release was issued on behalf of the news source (Mortgage Machine Services Inc.), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/mortgage-machine-services-fully-integrates-ai-powered-pricing-engine-into-proprietary-los/

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Healthcare Insurance Policies Fuel Crisis: The Silent Killer of Home Care Agencies

HOUSTON, Texas, Dec. 30, 2024 (SEND2PRESS NEWSWIRE) — A troubling reality in the healthcare industry has come to light: health care insurance companies are being allowed to prioritize profits over people, causing a devastating ripple effect that results in nearly 50% of home care agencies closing their doors within five years, says Ace Compliance Consulting. As the baby boomers retire, this systemic failure threatens the very fabric of our healthcare ecosystem and leaves vulnerable populations without essential care.

Ace Compliance Consulting
Image caption: Ace Compliance Consulting.

According to recent studies, home care agencies are disproportionately impacted by unfair reimbursement practices, delays in claim approvals, and rising operational costs driven by insurance loopholes. These obstacles make it nearly impossible for agencies to sustain operations, leaving patients stranded and caregivers jobless.

“This is more than a business crisis; it’s a humanitarian crisis,” said Charlene Taylor, CEO at Ace Compliance Consulting. “When home care agencies close, families at their most vulnerable state, lose access to the care they rely on, and dedicated healthcare workers lose their livelihoods. This isn’t just about numbers—this is about the impact on people’s lives.”

KEY ISSUES: HOW INSURANCE COMPANIES ARE UNDERMINING HOME CARE

  1. Non-Payments: Insurance companies such as United Healthcare and Texas Healthspring, grant prior authorization for the agency to render services and fail to pay the agency after the agency has rendered services to patients, paid nursing, home care aids, and therapy staff.
  2. Delayed Reimbursements: Home care agencies often wait months for insurance companies to process claims, creating cash flow challenges that lead to closures.
  3. Arbitrary Denials: Insurance providers deny claims for essential care, forcing agencies to absorb costs or pass them onto patients.
  4. Reduced Coverage Rates: Insurers frequently cut reimbursement rates, leaving agencies unable to cover the cost of care and payroll for caregivers.

THE IMPACT: A LOOMING PUBLIC HEALTH CRISIS

With the aging population rapidly increasing, the need for home care services has never been greater. Yet, the actions of the health insurance industry are eroding this critical sector.

  • 50% of home care agencies close within five years due to financial strain.
  • Millions of seniors and individuals with chronic illnesses are left without access to quality care.
  • The caregiver workforce dwindles, exacerbating a growing labor shortage in the healthcare industry.

A CALL TO ACTION

The time to act is now. Regulators, policymakers, and industry leaders must hold health insurance companies accountable for their role in undermining home care agencies.

Key recommendations include:

  • Insurance Oversight Board: Provide oversight and support for agency owners to file complaints that are investigated with legal and financial ramifications against the Insurance companies.
  • Legislative Reforms: Mandate timely reimbursements and fair compensation for home care services.
  • Transparency Standards: Require insurers to disclose reimbursement practices and payment timelines.
  • Public Awareness Campaigns: Notifications of non-payments and denials for care or services must be provided to both the agency and the patient. Educate patients and families about their rights and the importance of supporting home care providers.

VOICES OF CHANGE

Stories from the front lines reveal the human toll of this crisis:

  • The CEO of an agency forced to lay off employees, transfer patients to another agency, and closed its door permanently due to over $500k in unpaid insurance claims with prior authorizations.
  • A single mother in Houston forced to quit her job because her home care agency closed, leaving her without care for her disabled child.
  • A 78-year-old veteran in Houston struggling to find care after his local agency was shuttered due to mounting insurance disputes.

“If we don’t fix this, we’re setting ourselves up for a healthcare catastrophe,” added Charlene Taylor. “We must protect the backbone of our healthcare system before it collapses entirely.”

Join the Movement

Ace Compliance Consulting invites healthcare providers, advocates, and concerned citizens to join the fight for fairness in the healthcare insurance industry. Together, we can ensure that home care agencies thrive and continue to provide life-saving care to those who need it most.

About Ace Compliance Consulting:

Ace Compliance Consulting is a leading startup and compliance consulting company with programs to support home care agency owners to be profitable, maintain compliance, and achieve success in home care with peace of mind. https://www.acecompliance.org/

For media inquiries or to share your story, contact:
Charlene Taylor
Success Strategist
Ace Compliance Consulting
(713) 995-8146
acecares2@gmail.com

NEWS SOURCE: Ace Compliance Consulting


This press release was issued on behalf of the news source (Ace Compliance Consulting), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/healthcare-insurance-policies-fuel-crisis-the-silent-killer-of-home-care-agencies/

Copr. © 2024 Send2Press® Newswire, Calif., USA. -- REF: S2P STORY ID: S2P123073 NOREL-3B

 

Stack Sports Teams Up with Gridiron Football to Drive the Sport of Flag Football Forward

Through Stack Sports’ easy-to-use Sports Connect platform, Gridiron Football leagues everywhere have access to an innovative suite of tools

PLANO, Texas, Dec. 23, 2024 (SEND2PRESS NEWSWIRE) — Stack Sports, the leading provider of sports management solutions, is excited to announce its renewed partnership with Gridiron Football, a national leader in youth non-contact football. As part of our partnership, Sports Connect will continue to serve as a preferred registration and website provider of Gridiron Football leagues across the United States.

Sports Connect and Gridiron Football
Image caption: Sports Connect and Gridiron Football partner.

Through Stack Sports’ easy-to-use Sports Connect platform, Gridiron Football leagues everywhere have access to an innovative suite of tools that allow administrators to streamline online and mobile-first player registration processes, easily manage schedules, and improve communication channels, resulting in a more seamless experience for athletes, coaches, and parents.

Adam Abney, General Manager of Sports Connect, expressed excitement over the renewed partnership with Gridiron Football. “This partnership perfectly aligns with our mission to make youth sports more accessible and inclusive. By providing Gridiron Football leagues with our user-friendly solutions, we’re excited to empower operators to build exceptional programs and inspire young athletes of all abilities to thrive.”

Key highlights of the partnership include:

  • Access to Stack Sports’ comprehensive ecosystem of solutions, including industry-leading registration management, robust scheduling tools, an extensive communication hub, and more.
  • Access to a connected Mobile-App experience through Stack Team App and live streaming capabilities via Stack Streaming.
  • Committed support from Stack Sports’ team of experts, offering training and assistance to optimize Gridiron Football’s platform utilization, including Sports Connect Academy, a learning management system designed to assist and educate all Sports Connect administrators.

“At Gridiron Football, we’re committed to providing exceptional experiences for families and comprehensive development for athletes through non-contact football leagues, camps and tournaments”, said Scott Dillon, CEO of Gridiron Football. “We’re continuing our partnership with Stack Sports because it provides an efficient platform to communicate with our football community, helping us achieve those goals.”

Partnering with Gridiron Football aligns with Stack Sports’ mission of transforming the youth sports experience, and reaffirms its commitment to driving innovation and excellence within the youth sports industry.

For more information about Stack Sports and its solutions, visit: https://sportsconnect.com. To learn more about Gridiron Football, visit: https://gridironfb.com.

About Stack Sports:

With nearly 50 million users in 35 countries, Stack Sports is a global technology leader in SaaS platform offerings for the sports industry. The company provides world-class software and services to support national governing bodies, youth sports associations, leagues, clubs, parents, coaches, and athletes. Some of the largest and most prominent sports organizations including the U.S. Soccer Federation, Little League Baseball and Softball, and Pop Warner Little Scholars rely on Stack Sports technology to run and manage their organizations.

Stack Sports is headquartered in Dallas and is leading the industry one team at a time focusing on four key pillars — Grassroots Engagement, Participation Growth, Recruiting Pathways, and Elite Player Development. To learn more about how Stack Sports transforms the sports experience, please visit https://stacksports.com/.

About Gridiron Football:

Gridiron Football is the largest independent non-contact football organization, operating 175 leagues across the country. We bring together professionally trained coaches, officials and league organizers to provide an unrivaled football experience for all boys and girls, ages 4-17. From recreational to highly competitive, our nationally recognized 5v5 flag and 7v7 football leagues, camps and tournaments help young athletes develop on-and-off the field. For more information, visit https://gridironfb.com/.

NEWS SOURCE: Stack Sports


This press release was issued on behalf of the news source (Stack Sports), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/stack-sports-teams-up-with-gridiron-football-to-drive-the-sport-of-flag-football-forward/

Copr. © 2024 Send2Press® Newswire, Calif., USA. -- REF: S2P STORY ID: S2P123024 NOREL-3B

 

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.

Jeff Raich of Click n' Close
Image caption: Jeff Raich.

Raich will promote CNC’s down payment assistance programs and other opportunities with delegated correspondent mortgage originators.

“We’re delighted that after a year of expansion, which has allowed us to help thousands more borrowers become homeowners, we’ve landed a seasoned mortgage veteran in Jeff Raich,” said Click n’ Close Owner and CEO Jeff Bode. “In a temperamental market, you need a knowledgeable and professional team to support the needs of the consumer and your correspondent partners. That’s what we’ve found in Jeff. He is respected in the industry and has a wealth of experience and contacts.”

Raich brings over 20 years of expertise in the mortgage and finance industry to CNC. He spent 12 years at Mortgage Guaranty Insurance Corporation (MGIC), successfully leading MGIC’s and eMagic’s regional sales force for Texas, Oklahoma, Arkansas, and New Mexico. Raich also has extensive experience building and scaling third party mortgage sales and operations teams, complemented by a strong analytical and technical background from his time in mortgage finance.

“I’m elated to join the existing correspondent sales team including Julas Hollie to continue to promote the market leading down payment assistance programs and other innovative products,” said Raich. “Jeff Bode is a trailblazer in the mortgage industry, and CNC’s direct access to the capital markets and in-house loan servicing, provides the perfect platform for strategic partnerships in the correspondent channel.”

About Click n’ Close, Inc.

Click n’ Close, Inc. is a multi-state mortgage lender serving consumers and mortgage originators through its wholesale and correspondent channels and is also the nation’s leading provider of Section 184 home loans for Native Americans. In operation since 1940, Click n’ Close has thrived by retaining its entrepreneurial spirit and leading the market in innovation, including its adoption of eClosings and eNotes.

Combining this culture of innovation with a risk management mindset enables Click n’ Close to deliver new products to market that address the challenges facing both borrowers and third-party originators (TPOs). These innovations include its USDA one-time close construction loans, proprietary down payment assistance (DPA) program and reverse mortgage division. Its direct relationships with Fannie Mae, Freddie Mac, Ginnie Mae and private investors afford Click n’ Close direct access to the capital markets, thus ensuring maximum liquidity for its product innovations. By servicing its loan programs in-house, Click n’ Close provides its wholesale and correspondent partners with an additional level of certainty regarding loan salability and superior borrower service over the life of the loan.

Learn more at https://www.clicknclose.com/.

NEWS SOURCE: Click n' Close Inc.


This press release was issued on behalf of the news source (Click n' Close Inc.), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/click-n-close-welcomes-jeff-raich-to-its-national-sales-bench/

Copr. © 2024 Send2Press® Newswire, Calif., USA. -- REF: S2P STORY ID: S2P122893 NOREL-3B

 

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.

Skyhawks Sports Announces 2024 Coach of the Year Winner and Finalists
Image caption: Skyhawks Sports Announces 2024 Coach of the Year Winner and Finalists.

Jason Frazier, General Manager of Skyhawks, expressed his admiration for the coaches: “Our coaches are the heartbeat of Skyhawks, dedicating themselves to nurturing young athletes both on and off the field. Their commitment not only create fun sports experiences but also teach life lessons that resonate beyond the game is what makes them great coaches.”

WINNER:

  • Michael Monary (Skyhawks Sports Academy / Orange County)

FINALISTS:

  • Brie Cyboron (Colorado Springs)
  • Aline Bisimwa (Skyhawks Sports Academy / South Puget Sound)
  • Alyssa Morin (Skyhawks Franchise Group / Columbus Tots)
  • Adam Herrera (Skyhawks Franchise Group / Bakersfield)
  • Bruce Pineda (Skyhawks Franchise Group / San Antonio East)

Coach Michael “Mikey” Monary has been an invaluable asset to the Skyhawks Sports Academy in Orange County. His passion and determination to continually improve as a coach have cultivated a significant following among local organizations, often resulting in waitlists exceeding 20 children. Parents frequently request Coach Mikey, with some traveling to different cities to enroll their children in his classes. Coach Mikey’s versatility allows him to coach any sport and age group, and he proactively expands his expertise, even taking private tennis lessons to better serve his students. His commitment to providing positive experiences for children exemplifies the core values of Skyhawks Sports.

Jeff Brunsberg, Chief Revenue and Strategy Officer at Stack Sports, added: “Recognizing these outstanding coaches underscores our mission to increase participation and transform the sports experience. Their passion and dedication are pivotal in creating positive, lasting impacts in the communities we serve.”

Skyhawks Sports remains dedicated to providing quality youth sports programs that emphasize critical life skills such as teamwork, respect, and sportsmanship. The organization congratulates Michael Monary and all the finalists for their exceptional contributions to youth sports.

About Skyhawks

Founded in Spokane, Washington in 1979, Skyhawks has established itself as one of the largest youth sport program providers in North America.  Skyhawks provides a wide variety of fun, safe and positive programs that emphasize critical lessons by “teaching life skills through sports”.  Programs range from week-long summer camps to after-school programs, clinics, and leagues for children aged 18mths to 14 in a variety of sports.

About Stack Sports

With nearly 50 million users in 35 countries, Stack Sports is a global technology leader in SaaS platform offerings for the sports industry. The company provides world-class software and services to support national governing bodies, youth sports associations, leagues, clubs, parents, coaches, and athletes. Some of the largest and most prominent sports organizations including the U.S. Soccer Federation, Little League Baseball and Softball, and Pop Warner Little Scholars rely on Stack Sports technology to run and manage their organizations.

Stack Sports is headquartered in Dallas and is leading the industry one team at a time focusing on four key pillars — Grassroots Engagement, Participation Growth, Recruiting Pathways, and Elite Player Development. To learn more about how Stack Sports is transforming the sports experience, please visit https://stacksports.com/.

NEWS SOURCE: Stack Sports


This press release was issued on behalf of the news source (Stack Sports), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/skyhawks-sports-announces-2024-coach-of-the-year-winner-and-finalists/

Copr. © 2024 Send2Press® Newswire, Calif., USA. -- REF: S2P STORY ID: S2P122869 NOREL-3B

 

Empowering Businesses and Notaries to Expand Their Reach with Cutting-Edge RON Technology

Notaries and businesses in Montana, Iowa, and Missouri can now take advantage of ProNotary’s robust tools

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.

ProNotary: A scene depicting remote online notarization connecting clients globally
Image caption: A scene depicting remote online notarization connecting clients globally.

ProNotary’s advanced RON platform is designed to:

  • Facilitate secure and compliant notarizations across multiple jurisdictions.
  • Streamline document handling and reduce administrative burdens.
  • Enhance client satisfaction by eliminating the need for physical travel or mailing delays.

This expansion supports ProNotary’s goal of making digital notarization accessible to professionals nationwide. Notaries and businesses in Montana, Iowa, and Missouri can now take advantage of ProNotary’s robust tools, including secure video conferencing, ID verification, and integrated notary journals, to modernize their workflows and unlock new revenue opportunities.

About ProNotary:

ProNotary is a leading remote online notarization platform dedicated to providing secure, efficient, and innovative notarization solutions for businesses and individuals. By combining state-of-the-art technology with comprehensive training and support, ProNotary helps notaries and businesses expand their reach and streamline operations.

For more information about ProNotary and its services, visit https://pronotary.com/.

MULTIMEDIA:

VIDEO (YouTube): https://youtu.be/zxJLYVXSg7I?si=SzFP1NVkKzETpKub

NEWS SOURCE: ProNotary


This press release was issued on behalf of the news source (ProNotary), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/empowering-businesses-and-notaries-to-expand-their-reach-with-cutting-edge-ron-technology/

Copr. © 2024 Send2Press® Newswire, Calif., USA. -- REF: S2P STORY ID: S2P122731 NOREL-3B

 

Mortgage Lock Activity Fell in November as Interest Rates Hit Their Highest Levels Since July

Optimal Blue's November 2024 Market Advantage mortgage data report finds overall rate lock volume down 25% month over month, yet 12% higher year over year, providing some reason for optimism

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.

Optimal Blue November 2024 Market Advantage mortgage data report
Image caption: Optimal Blue November 2024 Market Advantage mortgage data report.

Purchase lock volume was down 21% MoM, while cash-out and rate-and-term refinance volumes fell 20% and 50%, respectively. However, year-over-year (YoY) metrics show resilience in the market, with total rate lock volume up 12% from November 2023, purchase volume up a modest 5%, and cash-out and rate-and-term refinances increasing 35% and 95%, respectively, sparking optimism among market watchers.

While high rates prevailed for much of the month, they dropped slightly in the week leading up to the Thanksgiving holiday. The OBMMI 30-year conforming fixed rate index, the benchmark that will be used as the underlying price for CME Group’s new Mortgage Rate futures, finished the month down 11 bps from October. FHA and VA 30-year rates fell as well, closing the month down 7 bps and 20 bps, respectively. The 30-year jumbo rate showed a slight increase to close the month, up 16 bps from the end of October.

Product mix changes mirrored the month’s affordability concerns. FHA loans, which offer as little as 3.5% down and more lenient credit requirements, gained share at the expense of all other loan types, notching up another three-quarters of a point to account for 20% of total production. That puts FHA market share back near its peak of just over 22% of total production in November 2023. VA loan volume fell in November, but is up YoY at 11% of total volume. Government production in total accounted for nearly one-third of loan volume in November.

“The rising percentage of FHA loans indicates affordability continues to be a concern among homebuyers as we move into year-end,” said Brennan O’Connell, director of data solutions at Optimal Blue. “In spite of the recent dip in purchase and refinance activity, we see the YoY improvements in purchase volume, cash-out and rate-and-term refinances as a bright spot.”

Key findings from the Market Advantage report, which are drawn from direct-source mortgage lock data, include:

  • Rates dip slightly for conforming and government-backed loans: The OBMMI 30-year conforming averaged 30 bps higher in November, though it ended the month at 6.68%, an 11-bps decrease from October. FHA rates dropped by 7 bps to 6.36%, while VA rates dropped 20 bps to 6.16%. The OBMMI jumbo index rate rose a more moderate 16 bps, ending the month at 6.98%.
  • Purchase lock volume softens: Purchase lock volume was down 21% MoM. Also significant, purchase lock counts – which are a key measure for market health that excludes the impact of HPA and volatile refi activity – were down 3% YoY, breaking a two-month trend of positive YoY momentum.
  • Conforming loan share continues to fall: Conforming share ended the month below 53%, roughly 20% lower than the peak levels seen in 2020. Non-conforming lending – including both non-QM and jumbo – fell slightly in November. Nevertheless, non-conforming loans remained near their recent market share high at just under 15% – a nearly five-percentage-point increase in market share over the same period last year.
  • Refinance demand softens: Cash-out and rate-and-term refinance volumes fell 20% and 50%, respectively. However, YoY metrics provide reason for optimism with cash-out and rate-and-term refinances gaining 35% and 95% YoY, respectively.
  • Credit quality holds steady: Average credit scores for purchase loans were flat at 739, while average scores on refinance locks dropped slightly. Cash-out average credit fell 2 points to 695, and rate-and-term average credit dropped 1 point to 730.
  • Home prices and average loan amounts dip: In November, the average loan amount dropped from $380.1K to $376.4K. Average home purchase prices ticked down as well, falling from $482.4K to $477.4K.

The full November 2024 Market Advantage report, which provides more detailed findings and additional insights into U.S. mortgage market trends, can be viewed at: https://www2.optimalblue.com/wp-content/uploads/2024/12/OB_MarketAdvantage_MortgageDataReport_Nov2024.pdf.

This month’s Market Advantage podcast features Agha Mirza, CME Group managing director and global head of rates and OTC products, a guest commentator. The podcast can be accessed at: https://market-advantage.captivate.fm/listen.

About the Market Advantage Report:

Optimal Blue issues the Market Advantage mortgage data report each month to provide early insight into U.S. mortgage trends. Leveraging lender rate lock data from the Optimal Blue PPE – the mortgage industry’s most widely used product, pricing, and eligibility engine – the Market Advantage provides a view of early-stage origination activity. Unlike self-reported survey data, mortgage lock data is direct-source data that accurately reflects the in-process loans in lenders’ pipelines.

Nothing herein shall be construed as, nor is Optimal Blue providing, any legal, trading, hedging, or financial advice.

About Optimal Blue:

Optimal Blue effectively bridges the primary and secondary mortgage markets to deliver the industry’s only end-to-end capital markets platform. The company helps lenders of all sizes and scopes maximize profitability and operate efficiently so they can help American borrowers achieve the dream of homeownership. Through innovative technology, a network of interconnectivity, rich data insights, and expertise gathered over more than 20 years, Optimal Blue is an experienced partner that, in any market environment, allows lenders to optimize their advantage from pricing accuracy to margin protection, and every step in between. To learn more, visit OptimalBlue.com.

MULTIMEDIA:

Image link for media: https://www.Send2Press.com/300dpi/24-1210-s2p-opbluenovreport-300dpi.jpg

NEWS SOURCE: Optimal Blue


This press release was issued on behalf of the news source (Optimal Blue), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/mortgage-lock-activity-fell-in-november-as-interest-rates-hit-their-highest-levels-since-july/

Copr. © 2024 Send2Press® Newswire, Calif., USA. -- REF: S2P STORY ID: S2P122703 NOREL-3B

 

Optimal Blue Announces Tony Hawk, Housing Industry Leaders to Headline Inaugural User Conference

Robust speaker lineup includes a leading economist, an editor in chief, tech leaders, and Optimal Blue's team of subject matter experts

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.

Optimal Blue Announces Tony Hawk, Housing Industry Leaders to Headline Inaugural User Conference
Image caption: Optimal Blue Announces Tony Hawk, Housing Industry Leaders to Headline Inaugural User Conference.

The Optimal Blue Summit will take place Feb. 3–5, 2025, at the Marriott Marquis San Diego Marina, bringing together clients from across primary and secondary mortgage networks to connect, learn, and share best practices for maximizing lending profitability. In addition to an engaging speaker lineup, the three-day event will feature sessions led by Optimal Blue’s team of subject matter experts, as well as major product announcements, focus groups, and opportunities for networking.

“The Optimal Blue Summit will bring the mortgage industry together for valuable content, knowledge-sharing, and opportunities to optimize technology and data to gain a competitive advantage,” said Sara Holtz, chief marketing officer of Optimal Blue. “We are curating an impressive speaker lineup for our attendees that includes respected names from Optimal Blue, industry organizations, and beyond to provide our customers with actionable insights so they can reach their highest productivity and profit potential.”

Agenda highlights include:

  • Insights into Optimal Blue’s product roadmap and demonstrations of newly launched features
  • A 2025 economic outlook from Michael Fratantoni, Ph.D., followed by a deeper dive discussion on the secondary and capital market outlook from Sasha Hewlett, AMP, who serves as staff representative for the MBA Secondary and Capital Markets Committee
  • Observations from native San Diegan Tony Hawk, a legendary skateboarder, entrepreneur, and founder of The Skatepark Project (TSP), a nonprofit organization helping to build safe and inclusive public skateparks in underserved communities
  • AI-focused panels featuring a cloud solution architect and a technical leader from Microsoft, focused on maximizing productivity and profitability with AI in lending operations

Additional details and registration information are available on the Optimal Blue Summit 2025 webpage at https://www2.optimalblue.com/optimal-blue-summit/.

About Optimal Blue:

Optimal Blue effectively bridges the primary and secondary mortgage markets to deliver the industry’s only end-to-end capital markets platform. The company helps lenders of all sizes and scopes maximize profitability and operate efficiently so they can help American borrowers achieve the dream of homeownership. Through innovative technology, a network of interconnectivity, rich data insights, and expertise gathered over more than 20 years, Optimal Blue is an experienced partner that, in any market environment, allows lenders to optimize their advantage from pricing accuracy to margin protection, and every step in between. To learn more, visit https://OptimalBlue.com/.

MULTIMEDIA:

VIDEO (YouTube): https://youtu.be/hwh4MwT7Hrc?si=jeed5bkWt528gHiB

Image link for media: https://www.Send2Press.com/300dpi/24-1205-s2p-opbluehawk-300dpi.jpg

NEWS SOURCE: Optimal Blue


This press release was issued on behalf of the news source (Optimal Blue), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/optimal-blue-announces-tony-hawk-housing-industry-leaders-to-headline-inaugural-user-conference/

Copr. © 2024 Send2Press® Newswire, Calif., USA. -- REF: S2P STORY ID: S2P122668 NOREL-3B

 

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.

UTR Sports Partners with Stack Sports to Launch TeamInn Travel Services
Image caption: UTR Sports Partners with Stack Sports to Launch TeamInn Travel Services.

TeamInn by Stack Sports will offer streamlined, competitive travel booking solutions, enhancing the overall event experience and making it easier for the UTR Sports community to access high-quality accommodations at preferred rates. This expansion aligns with UTR Sports’ commitment to improving convenience for its global network, offering valuable support to those traveling to UTR Sports tennis and pickleball events.

“We are thrilled to collaborate with Stack Sports to integrate TeamInn travel services, we are making travel easier and more affordable for our participants, officials, and families,” said Mark Leschly, Chairman and CEO of UTR Sports. “Our mission is to connect the tennis and pickleball communities around the world, and TeamInn is an important addition to that vision. Together with Stack Sports, we’re excited to enhance the event experience by offering seamless travel options tailored to our needs.”

The addition of TeamInn to the UTR Sports ecosystem brings further operational efficiency and convenience, reinforcing UTR Sports’ role as a comprehensive service provider in the tennis and pickleball spaces. TeamInn offers a full suite of travel services, from hotel booking to exclusive group rates, ensuring that travel logistics are one less hurdle for participants and organizers.

“We are thrilled to collaborate with Stack Sports to integrate Teaminn travel services and make travel easier and more affordable for our participants, officials, and families,” said Mark Leschly, Chairman and CEO of UTR Sports. “Our mission is to connect the tennis and pickleball communities around the world, and TeamInn is an important addition to that vision. Together with Stack Sports, we’re excited to enhance the event experience by offering seamless travel options tailored to our needs.”

The TeamInn travel platform will be integrated across UTR Sports’ numerous events, including the UTR Pro Tennis Tour and various youth and amateur competitions, offering a unified solution for booking accommodations worldwide. This partnership underscores UTR Sports’ and Stack Sports’ dedication to enhancing player experiences and advancing sports engagement through comprehensive, innovative solutions.

About UTR Sports:

The mission of UTR Sports is to connect and grow the sports of tennis and pickleball with accurate global ratings, innovative events, and a global community centered around level-based play. The UTR Sports Platform is anchored by our patented ratings technology. UTR Sports provides the technology tools and solutions relevant and valuable to players, coaches, and organizers. UTR Sports is creating opportunities and pathways, including the UTR Pro Tennis Tour, for players from all over the world, in all stages of life, to find better matches and unlock a more fun, affordable, and flexible experience.

About Stack Sports:

With nearly 50 million users in 35 countries, Stack Sports is a global technology leader in SaaS platform offerings for the sports industry. The company provides world-class software and services to support national governing bodies, youth sports associations, leagues, clubs, parents, coaches, and athletes. Some of the largest and most prominent sports organizations including the U.S. Soccer Federation, Little League Baseball and Softball, and Pop Warner Little Scholars rely on Stack Sports technology to run and manage their organizations.

Stack Sports is headquartered in Dallas and is leading the industry one team at a time focusing on four key pillars — Grassroots Engagement, Participation Growth, Recruiting Pathways, and Elite Player Development. To learn more about how Stack Sports is transforming the sports experience, please visit https://stacksports.com/.

NEWS SOURCE: Stack Sports


This press release was issued on behalf of the news source (Stack Sports), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/utr-sports-partners-with-stack-sports-to-launch-teaminn-travel-services-for-tennis-and-pickleball/

Copr. © 2024 Send2Press® Newswire, Calif., USA. -- REF: S2P STORY ID: S2P122494 NOREL-3B

 

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.

Mortgage Machine
Image caption: Mortgage Machine.

Developed by the American Institute of Certified Public Accountants (AICPA), the SOC 2 information security audit provides a report on the examination of controls relevant to the trust services criteria categories covering security, availability, processing integrity, confidentiality, and privacy.

“Achieving SOC 2 Type II compliance is a significant milestone for Mortgage Machine,” said James Cassinelli, Chief Operating Officer of Mortgage Machine Services. “This certification underscores our commitment to providing top-tier security and peace of mind to our clients. It validates the policies and procedures that we have in place and reinforces the reliable service we offer to our customers.”

As noted by Sensiba, a SOC 2 Type II report describes a service organization’s systems and determines whether the design of specified controls meets the relevant trust service categories. Sensiba reviewed MMS’ system from August 22, 2023, to August 21, 2024.

“MMS’s SOC 2 Type II report did not have any noted exceptions and was therefore issued with a ‘clean’ audit opinion,” according to a public statement issued by Sensiba.

Sensiba’s audit of MMS focused on security, availability, and confidentiality. This means the audit measured how well MMS kept consumers’ information private and how consistently it informed clients of the collection, retention, and disposal of their data.

A SOC 2 report is generally deemed valid for 12 months from the date of its issue. Though there is no expiration date for the report, interested parties may reasonably reject findings that are more than a year old.

ABOUT MORTGAGE MACHINE:

Mortgage Machine™ uses intelligent automation, configurable business workflows and a cloud-based infrastructure to optimize the entire loan lifecycle. By consolidating retail, wholesale, correspondent and home equity lending onto a single platform, Mortgage Machine™ enables lenders of all sizes to reduce cycle times, costs, and risks while improving data quality and borrower satisfaction. The company is based in Addison, Texas.

ABOUT SENSIBA:

Sensiba LLP, a top-100 U.S. accounting, consulting, and professional services firm, serves a variety of companies, from start-ups to Fortune 50 pillars.

ABOUT SOC 2:

A SOC 2® examination is a report on controls at a service organization relevant to security, availability, processing integrity, confidentiality, or privacy. SOC 2 reports are intended to meet the needs of a broad range of users that need detailed information and assurance about the controls at a service organization relevant to security, availability, and processing integrity of the systems the service organization uses to process users’ data and the confidentiality and privacy of the information processed by these systems.

NEWS SOURCE: Mortgage Machine Services Inc.


This press release was issued on behalf of the news source (Mortgage Machine Services Inc.), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

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October Mortgage Lock Data Shows Resilience and Cracks in the Mortgage Market as Interest Rates Tick up 65 Basis Points

Optimal Blue's October 2024 Market Advantage mortgage data report shows strong purchase mortgage growth, though a shift away from conforming loans signals strained affordability

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. The report also shows a notable shift away from conforming loans, indicating affordability concerns are pushing buyers toward alternative financing options.

Optimal Blue: National Rate Lock Metrics Oct. 2024
Image caption: Optimal Blue: National Rate Lock Metrics Oct. 2024.

“Despite a tough rate trajectory, we saw strong growth in both purchase lock volume and counts, which are both positive signals for mortgage production,” said Brennan O’Connell, director of data solutions at Optimal Blue. “While purchase growth is encouraging, signs of how buyers are adapting to higher rates indicate continued affordability pressures. Production mix data shows a shift from conforming loans to FHA and non-conforming products, which often offer more flexible financing terms.”

Key findings from the Market Advantage report, which are drawn from direct-source mortgage lock data, include:

  • Rates rise across the board: The OBMMI 30-year conforming rate ended October at 6.79%, marking a 65-bps increase from September. FHA rates rose by 54 bps to 6.43%, while VA rates saw the largest increase, climbing 73 bps to 6.36%. The OBMMI jumbo index rate rose a more moderate 41 bps to end at 6.82%.
  • Purchase lock volume grows despite rate increases: Purchase lock volume rose 12% MoM. Also significant, purchase lock counts – which are a key measure for market health that excludes the impact of HPA and volatile refi activity – rose 9% year over year (YoY), continuing a positive trend that started in September. This increase in purchase locks reflects ongoing demand.
  • Affordability concerns shift production mix: Conforming loan share fell to its lowest point since tracking began in 2018, now representing 53% of volume. At the same time, FHA locks rose, accounting for one in five purchase transactions, as buyers sought more accessible financing options. Non-conforming loans also gained ground as borrowers leaned more heavily on non-QM and jumbo loans to adapt to affordability challenges.
  • Refinance demand softens: The rise in rates dampened refinance interest, with rate-and-term refinance volume dropping 45% MoM. Cash-out refinance activity saw a slight 6% increase, but the overall refinance share declined to 23% of total volume. With the exception of August and September 2024, refinance levels were still higher than any other month since April 2022.
  • Credit quality declines in refinance sector: Average credit scores remained high for purchase loans; however, refinance credit scores, particularly for rate-and-term refinances, saw a drop, with the average score declining by 6 points to 730.
  • Home prices trend upward while average loan amounts dip: October saw a second consecutive month of home price increases, with the average purchase price rising from $475.8K to $482.4K. Meanwhile, the average loan amount fell by $3.6K to $380.1K.

The full October 2024 Market Advantage report, which provides more detailed findings and additional insights into U.S. mortgage market trends, can be viewed at (PDF): https://www2.optimalblue.com/wp-content/uploads/2024/11/OB_MarketAdvantage_MortgageDataReport_Oct2024.pdf.

This month’s Market Advantage podcast features Dave Savage, chief innovation officer at TrustEngine and founder of Mortgage Coach, as a guest commentator. The podcast can be accessed at: https://market-advantage.captivate.fm/listen.

About the Market Advantage Report

Optimal Blue issues the Market Advantage mortgage data report each month to provide early insight into U.S. mortgage trends. Leveraging lender rate lock data from the Optimal Blue PPE – the mortgage industry’s most widely used product, pricing, and eligibility engine – the Market Advantage provides a view of early-stage origination activity. Unlike self-reported survey data, mortgage lock data is direct-source data that accurately reflects the in-process loans in lenders’ pipelines.

Nothing herein shall be construed as, nor is Optimal Blue providing, any legal, trading, hedging, or financial advice.

About Optimal Blue

Optimal Blue effectively bridges the primary and secondary mortgage markets to deliver the industry’s only end-to-end capital markets platform. The company helps lenders of all sizes and scopes maximize profitability and operate efficiently so they can help American borrowers achieve the dream of homeownership. Through innovative technology, a network of interconnectivity, rich data insights, and expertise gathered over more than 20 years, Optimal Blue is an experienced partner that, in any market environment, allows lenders to optimize their advantage from pricing accuracy to margin protection, and every step in between. To learn more, visit https://OptimalBlue.com/.

NEWS SOURCE: Optimal Blue


This press release was issued on behalf of the news source (Optimal Blue), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/october-mortgage-lock-data-shows-resilience-and-cracks-in-the-mortgage-market-as-interest-rates-tick-up-65-basis-points/

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Optimal Blue Promotes Industry Experts to New Executive Roles to Accelerate Innovation and Prioritize Partnerships

Erin Wester Promoted to Chief Product Officer and Mike Vough Promoted to Head of Corporate Strategy

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.

Erin Wester and Mike Vough of Optimal Blue
Image caption: (L-R) Erin Wester and Mike Vough.

“At Optimal Blue, we are very fortunate to not only have the latest and most accurate technology in the industry, but we also have proven industry experts that bring incredible experience in all aspects of secondary marketing. By aligning all product strategy under a mortgage technology expert like Erin, we will accelerate the delivery of value and innovation to our clients,” said Joe Tyrrell, CEO of Optimal Blue. “We’re not just building new client value; we are also actively acquiring and partnering. As the leading secondary marketing platform in the industry, it is important that we are complementing our own innovation with both acquired solutions and strategic partnerships to do more for our clients. Mike’s background in all aspects of capital markets, business enablement and growth strategy will enable us to move quicker here as well.”

Wester, who was formerly focused on the company’s product and pricing solutions, will now oversee product strategy for the entire Optimal Blue capital markets platform, which includes product and pricing, broker pricing solutions, hedging and trading platforms, investor services solutions, Comergence compliance solutions, user experience and design departments, and the integrations department. She will also lead Optimal Blue’s initiative to deliver more value to clients without incremental costs to ultimately improve their ROI.

“I have never been more excited about our future at Optimal Blue,” said Wester. “We have a new UI, a full GenAI suite with our new AI assistants, we have prioritized originators in our automation roadmap. We are completely opening up our configuration capabilities to our clients, and also engaging in custom solutions. But what is most exciting is that everything we are doing is being driven by our mission to improve our clients’ profitability on every loan, which means a lot of what we are delivering will be at no incremental cost to our clients.”

Vough, who was previously leading the strategy for Optimal Blue’s hedging and trading solutions, will now focus on corporate strategy, which includes business development to support the company’s integration partner network, as well as corporate development to drive its acquisition strategy. Vough will also drive the continued growth of Optimal Blue’s data business, including the company’s data reseller partners.

“While other companies are losing executives and struggling to support customers, we are growing and expanding,” said Vough. “As Erin and our amazing product teams are quickly driving innovation, we will complement their efforts by providing our partners with incredible support and tools to enable them to deliver more value faster to our clients, while also evaluating potential acquisitions that can assist us in expanding our offerings to help our lenders and investors capitalize on more opportunities.”

Optimal Blue clients are invited to attend the inaugural Optimal Blue Summit February 3–5, 2025, at the Marriott Marquis San Diego Marina, where major product announcements will be made live. Additional details and registration information for the Summit are available on the Optimal Blue Summit 2025 webpage.

About Optimal Blue

Optimal Blue effectively bridges the primary and secondary mortgage markets to deliver the industry’s only end-to-end capital markets platform. The company helps lenders of all sizes and scopes maximize profitability and operate efficiently so they can help American borrowers achieve the dream of homeownership. Through innovative technology, a network of interconnectivity, rich data insights, and expertise gathered over more than 20 years, Optimal Blue is an experienced partner that, in any market environment, allows lenders to optimize their advantage from pricing accuracy to margin protection, and every step in between. To learn more, visit OptimalBlue.com.

IMAGE LINK for media: https://www.Send2Press.com/300dpi/24-1111-s2p-obnewhires-300dpi.jpg

Image caption: (L-R) Erin Wester and Mike Vough.

NEWS SOURCE: Optimal Blue


This press release was issued on behalf of the news source (Optimal Blue), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/optimal-blue-promotes-industry-experts-to-new-executive-roles-to-accelerate-innovation-and-prioritize-partnerships/

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Click n’ Close Introduces New Down Payment Assistance Options for Shared Appreciation Mortgage Program

Homebuyers can now access 3.5% and 5% down payment assistance along with a powerful tool to compare the benefits of homeownership versus renting

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.

Click n' Close, Inc.
Image caption: Click n’ Close.

To further assist buyers in overcoming financial barriers, Click n’ Close now offers down payment assistance (DPA) options of 3.5% and 5% for its Shared Appreciation Mortgage (SAM) program through its Wholesale and Correspondent divisions. These options provide homebuyers with additional flexibility, helping them secure a home with minimal upfront costs while benefiting from shared appreciation in the property’s value over time.

“Even with the rate cut announced at the Federal Reserve Board’s September 2024 meeting, higher-than-average mortgage interest rates and limited housing supply have made today’s market financially tough for many aspiring homeowners,” said Jeff Bode, owner and CEO of Click n’ Close. “Our expanded DPA offerings not only make homeownership more affordable but also allow buyers to participate in the long-term economic benefits of home appreciation.”

In addition to these enhanced down payment options, Click n’ Close has created an exclusive calculator for program participants designed to help them educate potential borrowers on the economic benefits of utilizing the SAM program to purchase a home compared to renting. This interactive tool allows loan officers to demonstrate the potential financial gains of homeownership, empowering buyers to make informed decisions.

Launched in April 2024, Click n’ Close’s SAM program offers a below-market interest rate for first-lien FHA and USDA loans and a repayable DPA second lien in exchange for up to 40% of the home’s appreciation during the first five years. After the five-year accumulation period, the shared appreciation amount is added to the second lien and amortized over the remaining term.

Industry professionals interested in learning more about the SAM program should contact their Click n’ Close wholesale or correspondent account representative.

About Click n’ Close, Inc.:

Click n’ Close, Inc. is a multi-state mortgage lender serving consumers and mortgage originators through its wholesale and correspondent channels and is also the nation’s leading provider of Section 184 home loans for Native Americans. In operation since 1940, Click n’ Close has thrived by retaining its entrepreneurial spirit and leading the market in innovation, including its adoption of eClosings and eNotes.

Combining this culture of innovation with a risk management mindset enables Click n’ Close to deliver new products to market that address the challenges facing both borrowers and third-party originators (TPOs). These innovations include its USDA one-time close construction loans, proprietary down payment assistance (DPA) program and reverse mortgage division. Its direct relationships with Fannie Mae, Freddie Mac, Ginnie Mae and private investors afford Click n’ Close direct access to the capital markets, thus ensuring maximum liquidity for its product innovations. By servicing its loan programs in-house, Click n’ Close provides its wholesale and correspondent partners with an additional level of certainty regarding loan salability and superior borrower service over the life of the loan.

Learn more at https://www.clicknclose.com/.

NEWS SOURCE: Click n' Close Inc.


This press release was issued on behalf of the news source (Click n' Close Inc.), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/click-n-close-introduces-new-down-payment-assistance-options-for-shared-appreciation-mortgage-program/

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