DENVER, Colo. /CitizenWire/ — ACES Quality Management® (ACES), the leading provider of enterprise quality management and control software for the financial services industry, announced the release of its quarterly ACES Mortgage QC Industry Trends Report covering the second quarter (Q2) of 2024. The latest report analyzes post-closing quality control data derived from ACES Quality Management […]
Archive | Finance
Finance News, including banking, mortgage lending, public companies, economic reports, earnings, and related financial news.
News: Strategic Benefits Advisors recognized among Atlanta’s top employee benefits and compensation companies for sixth year | CitizenWire
ATLANTA, Ga. /CitizenWire/ — Strategic Benefits Advisors, Inc. (SBA) has been honored by the Atlanta Business Chronicle as one of Atlanta’s top employee benefits and compensation companies of 2024. This is the sixth consecutive year SBA has made the Chronicle’s annual list, which highlights metro Atlanta’s largest employers of benefits consultants. The accolade underscores SBA’s […]
News: AFL Global Automates Energy Management and Anticipates $304K of Savings in First Year with EnergyCAP | CitizenWire
BOALSBURG, Pa. /CitizenWire/ — AFL Global, a global leader in telecommunications and fiber optic solutions, has achieved a significant sustainability milestone by leveraging EnergyCAP, a leading energy and sustainability software platform. By implementing EnergyCAP, AFL Global has automated the management of nearly two-hundred utility accounts, which has enabled $304,000 in anticipated annual energy and utility […]
News: MCT Announces 2.5% Increase in Mortgage Lock Volume Despite October Market Volatility | CitizenWire
SAN DIEGO, Calif. /CitizenWire/ — Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, reported a 2.5% increase in mortgage lock volume compared to the previous month. Mortgage market professionals and industry enthusiasts are invited to download MCT’s comprehensive report to gain deeper insights into the current market dynamics.
News: Mortgage Machine awarded SOC 2 Compliance Status – AICPA-guided examination shows LOS operates as promised | CitizenWire
ADDISON, Texas /CitizenWire/ — 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.
News: ACES Quality Management now supplies audit technology to six of the top 20 largest U.S. credit unions | CitizenWire
DENVER, Colo. /CitizenWire/ — ACES Quality Management® (ACES), the leading provider of enterprise quality management and control software for the financial services industry, announced the addition of 10 credit unions to its growing customer base. These organizations leverage ACES Quality Management & Control Software® to improve quality and mitigate risk across multiple internal areas, including […]
News: October Mortgage Lock Data Shows Resilience and Cracks in the Mortgage Market as Interest Rates Tick up 65 Basis Points | CitizenWire
PLANO, Texas /CitizenWire/ — 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 […]
News: Optimal Blue Promotes Industry Experts to New Executive Roles to Accelerate Innovation and Prioritize Partnerships | CitizenWire
PLANO, Texas /CitizenWire/ — 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 […]
News: Down Payment Resource highlights 49 homebuyer assistance programs offering up to $117,000 in funds for Veterans and service members | CitizenWire
ATLANTA, Ga. /CitizenWire/ — Down Payment Resource (DPR), the housing industry’s leading technology for connecting homebuyers with homebuyer assistance programs, is highlighting homebuyer assistance programs to support Veterans, service members and their surviving spouses in conjunction with Veterans Day and Military Family Appreciation Month, both observed in November. While service members are eligible for any […]
Dark Matter Technologies announces planned CEO transition effective April 2025 : National News
JACKSONVILLE, Fla., Nov. 5, 2024 (SEND2PRESS NEWSWIRE) — Dark Matter Technologies (Dark Matter), an innovative leader in mortgage technology, today announced that Sean Dugan, the company’s chief revenue officer, will succeed Rich Gagliano as CEO effective April 2025. Gagliano, who launched Dark Matter in 2023 following over a decade of leadership at its predecessor, Black […]
News: Dark Matter Technologies announces planned CEO transition effective April 2025 | CitizenWire
JACKSONVILLE, Fla. /CitizenWire/ — Dark Matter Technologies (Dark Matter), an innovative leader in mortgage technology, today announced that Sean Dugan, the company’s chief revenue officer, will succeed Rich Gagliano as CEO effective April 2025. Gagliano, who launched Dark Matter in 2023 following over a decade of leadership at its predecessor, Black Knight Origination Technologies, will […]
LenderLogix Co-Founder and Chief Technology Officer Scott Falbo named HousingWire Tech Trendsetter for Second Consecutive Year : National News
BUFFALO, N.Y., Nov. 1, 2024 (SEND2PRESS NEWSWIRE) — LenderLogix, a leading provider of mortgage point-of-sale and automation software for banks, credit unions, independent mortgage banks and brokers, today announced Co-founder and Chief Technology Officer Scott Falbo has been selected by HousingWire as a 2024 Tech Trendsetter Award winner. In its sixth year, HousingWire’s Tech Trendsetters […]
Sydney Barber, Floify’s head of product, named a HousingWire 2024 Tech Trendsetter : National News
BOULDER, Colo., Nov. 1, 2024 (SEND2PRESS NEWSWIRE) — Floify, the mortgage industry’s leading point-of-sale (POS) solution, today announced that its Head of Product, Sydney Barber, has been named a 2024 Tech Trendsetter by HousingWire. The HW Tech Trendsetters awards program seeks to recognize the people who drive innovation in the mortgage and real estate industries.
TSC Launches Special Halloween ‘Trick or Treat’ Campaign, Offering Traders a Month of Exclusive Deals and Spooky Surprises : National News
COVENT GARDEN, U.K., Oct. 29, 2024 (SEND2PRESS NEWSWIRE) — TSC (Telegram Signal Copier), a leading signal trade copier tool, has announced the launch of its Halloween ‘Trick or Treat’ campaign, running from October 22-31, 2024. Through this campaign, Telegram Signal Copier’s initiative aims to foster a fun and interactive environment, encouraging both new and seasoned […]
Lender demand for Argyle’s VOIE platform fuels record growth for its mortgage division : National News
NEW YORK CITY, N.Y., Oct. 28, 2024 (SEND2PRESS NEWSWIRE) — Argyle, a service provider automating income and employment verifications for some of the largest mortgage lenders in the United States, has eclipsed its full-year 2023 growth through just the first nine months of 2024. The company has added 58 new independent mortgage bank, credit union […]
Optimal Blue Announces Three Major Product Releases, Continuing Streak of Aggressive Product Innovation and No-Cost Feature Additions : National News
PLANO, Texas, Oct. 28, 2024 (SEND2PRESS NEWSWIRE) — Optimal Blue today announced three major product releases: the expansion of its AI assistant suite, the introduction of Scenario Optimizer, and the free availability of Investor Pricing Insight to investor clients. These product updates build on the company’s commitment to rapidly delivering high-impact solutions that tackle real-world […]
FormFree announces enhancements to customer acquisition marketplace, FormFree Exchange : National News
ATHENS, Ga., Oct. 25, 2024 (SEND2PRESS NEWSWIRE) — FormFree®, a leader in financial technology since 2007, today announced several enhancements to its customer acquisition marketplace, FormFree Exchange (FFX). Topping the list of enhancements is the auto-matching capability, connecting borrowers and lenders in seconds.
MCT Empowers Mortgage Hedging Performance with Customized Spec Durations
SAN DIEGO, Calif., Oct. 24, 2024 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, announced today an improvement to functionality through customizable duration analysis for specified loan products. Mortgage lenders using the comprehensive capital markets platform MCTlive! now have the ability to increase, review, and […]
NotaryCam Launches ‘Done For You’ eClosing Program, Streamlining Lenders’ Path to Electronic Mortgage Closings
HOUSTON, Texas, Oct. 24, 2024 (SEND2PRESS NEWSWIRE) — NotaryCam®, a Stewart-owned company and a pioneering provider of remote online notarization technology for real estate and legal transactions, today announced the launch of its “Done For You” eClosing program. This innovative offering provides lenders with the fastest path to eClosings while requiring minimal effort, effectively addressing […]
Click n’ Close Introduces New Down Payment Assistance Options for Shared Appreciation Mortgage Program
ADDISON, Texas, Oct. 24, 2024 (SEND2PRESS NEWSWIRE) — Click n’ Close, a multi-state mortgage lender, today announced two significant enhancements to its Shared Appreciation Mortgage (SAM) program. These updates will help make homeownership more accessible and financially advantageous for a broader range of buyers in today’s competitive housing market.
US Mortgage Corporation Taps LenderLogix LiteSpeed to Replace its Legacy Point-of-Sale
BUFFALO, N.Y., Oct. 23, 2024 (SEND2PRESS NEWSWIRE) — LenderLogix, a leading provider of mortgage point-of-sale and automation software for banks, credit unions, independent mortgage banks, and brokers, today announced US Mortgage Corporation, a nationwide mortgage lender, has selected LiteSpeed to automate its mortgage process and provide its borrowers a digital-first borrower experience.
RanLife Home Loans inks 84-month contract with Dark Matter Technologies for AI-powered mortgage origination overhaul
JACKSONVILLE, Fla., Oct. 23, 2024 (SEND2PRESS NEWSWIRE) — Dark Matter Technologies (Dark Matter®), an innovative leader in mortgage technology backed by time-tested loan origination software and leadership, today announced that RanLife Home Loans (RanLife) based in Sandy, Utah, has signed a seven-year agreement for the Empower® loan origination system (LOS) and additional Dark Matter technologies.
Informative Research Brings its Mortgage Verification Platform to the Dark Matter Technologies Exchange Service Network
GARDEN GROVE, Calif., Oct. 22, 2024 (SEND2PRESS NEWSWIRE) — Informative Research, a premier technology provider delivering data-driven credit and verification solutions to the lending community, today announced it has made its Verification Platform solution available in the Dark Matter Technologies (Dark Matter) Exchange℠ service network to streamline verification of income (VOI) and verification of employment […]
A Mile Above: TMC Denver Concludes with Tangible Enthusiasm for The Future of the Mortgage Industry
DENVER, Colo., Oct. 21, 2024 (SEND2PRESS NEWSWIRE) — The Mortgage Collaborative (TMC) proudly reflects on the success of A Mile Above: TMC Denver, a conference environment renowned for its ability to adapt to the evolving landscape of the mortgage industry by fostering collaboration and innovation among attendees. The event, which took place from September 7-10, […]
Down Payment Resource finds 2,444 down payment assistance programs nationwide in its Q3 2024 data analysis
ATLANTA, Ga., Oct. 21, 2024 (SEND2PRESS NEWSWIRE) — Down Payment Resource (DPR), the housing industry authority on homebuyer assistance program data and solutions, today released its Q3 2024 Homeownership Program Index (HPI) report. The Q3 report saw the number of national homebuyer assistance programs increase by 29 to 2,444.
LenderLogix Q3 2024 Homebuyer Intelligence Report Data: Homebuyers Hold Steady and ‘Wait for the Rate’
BUFFALO, N.Y., Oct. 17, 2024 (SEND2PRESS NEWSWIRE) — LenderLogix, a leading provider of mortgage point-of-sale and automation software for banks, credit unions, independent mortgage banks, and brokers, today announced the release of the Homebuyer Intelligence Report, a quarterly summary of insights into borrower behavior during the home-buying process based on data collected by the LenderLogix […]
Matrix Advises on the Sale of Dana Safety Supply, Inc. to AEA Investors
RICHMOND, Va., and BALTIMORE, Md., Oct. 16, 2024 (SEND2PRESS NEWSWIRE) — Matrix Capital Markets Group, Inc., a leading independent investment bank, is pleased to announce the sale of Dana Safety Supply, Inc. (DSS) to AEA Investors. Prior to the sale, DSS was a wholly-owned subsidiary of Scott McRae Automotive Group, LLLP (SMAG).
TravelInsurance.com Urges Travelers To Get Travel Insurance Coverage for 2024 Winter Trips
NEW YORK, N.Y., Oct. 16, 2024 (SEND2PRESS NEWSWIRE) — With winter travel just around the corner, savvy travelers are preparing not only for the possibility of harsh weather conditions but also the kind of technological issues that plagued the summer 2024 travel season leaving thousands stranded, frustrated, and with unbudgeted additional costs. TravelInsurance.com underscores the […]
ACES Quality Management’s Brock Miller Slated to Speak at America’s Credit Unions Lending Council Conference 2024
DENVER, Colo., Oct. 16, 2024 (SEND2PRESS NEWSWIRE) — ACES Quality Management® (ACES), the leading provider of enterprise quality management and control software for the financial services industry, announced its Director of Business Development Brock Miller, CMQ/OE has been selected to speak at the America’s Credit Unions Lending Council Conference at the Gaylord Opryland Resort & […]
Down Payment Resource highlights 48 Native American homebuyer assistance programs in honor of Native American Heritage Month
ATLANTA, Ga., Oct. 16, 2024 (SEND2PRESS NEWSWIRE) — Down Payment Resource (DPR), the housing industry’s leading technology for connecting homebuyers with homebuyer assistance programs, is highlighting 48 U.S. homebuyer assistance programs in 13 states that are specifically designed to support Native Americans (American Indians and Alaska Natives) in conjunction with Native American Heritage month in […]
Agile Introduces Limit Orders for TBA Mortgage-Backed Securities
PHILADELPHIA, Pa., Oct. 15, 2024 (SEND2PRESS NEWSWIRE) — Agile, a groundbreaking fintech bringing mortgage lenders and broker-dealers onto a single electronic platform, announced today the launch of limit orders, a new quote request type for the To-Be-Announced mortgage-backed securities (TBA) market. Limit orders allow traders on Agile to request a specific price level, rather than […]
Mortgage Lenders Can Now Meet Fannie Mae’s 10-Day Pre-Close VOE Requirements Using Informative Research’s AccountChek
GARDEN GROVE, Calif., Oct. 15, 2024 (SEND2PRESS NEWSWIRE) — Informative Research, a premier technology provider delivering data-driven credit and verification solutions to the lending community, announced that AccountChek® supports new enhancements to Fannie Mae’s Desktop Underwriter® (DU®) validation service designed to streamline the digital pre-close verification of employment (VOE), significantly enhance overall efficiency and improve […]
Katten and CapitalW Collective Align to Support Women in Mortgage Capital Markets
SAN DIEGO, Calif., Oct. 11, 2024 (SEND2PRESS NEWSWIRE) — CapitalW Collective, the glass shattering 501(c)(3) benefiting women and their allies in mortgage capital markets, today announced Katten Muchin Rosenman LLP as a new corporate sponsor. This strategic collaboration marks a significant step forward in CapitalW Collective’s mission “to create more inclusive mortgage capital markets, one […]
Secured Signing Launches New Integration with Okta for Enhanced Single Sign-On Experience
MOUNTAIN VIEW, Calif., Oct. 11, 2024 (SEND2PRESS NEWSWIRE) — Secured Signing is excited to announce its official integration with Okta, a leading identity management solution, to deliver seamless and secure Single Sign-On (SSO) capabilities. This integration enhances user experience and security for employees, contractors, and business partners, ensuring they have quick, reliable access to the […]
Floify launches Floify Verify, a native verification of income and employment service
BOULDER, Colo., Oct. 10, 2024 (SEND2PRESS NEWSWIRE) — Floify, the mortgage industry’s leading point-of-sale (POS) solution, today announced the availability of Floify Verify, a native electronic verification of income and employment (VOIE) service powered by Argyle. Designed to streamline the mortgage origination process, Floify Verify allows lenders to verify income and employment at a cost-effective […]
ACES Quality Management Announces Preliminary Speaker Line-up for ACES ENGAGE 2025
DENVER, Colo., Oct. 9, 2024 (SEND2PRESS NEWSWIRE) — ACES Quality Management® (ACES), the leading provider of enterprise quality management and control software for the financial services industry, has announced its speaker line-up for the upcoming ACES ENGAGE conference, taking place at The Broadmoor Resort in Colorado Springs, Colo., May 18 – 20, 2025.
Housing Finance Strategies Announces ZillowHousing24
WASHINGTON, D.C., Oct. 9, 2024 (SEND2PRESS NEWSWIRE) — Housing Finance Strategies Founder & CEO Faith Schwartz today announced ZillowHousing24 (tag: #ZillowHousing24), a virtual housing event broadcast in partnership with Zillow Home Loans and presented by Housing Finance Strategies on December 3, 2024.
MCT Expands MSR Valuation Options with AD&Co Prepayment Model
SAN DIEGO, Calif., Oct. 8, 2024 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, today announced the integration of the LoanDynamics Model (LDM) from Andrew Davidson & Co. (AD&Co) into their mortgage servicing rights (MSR) valuation software. LDM is a well-respected prepayment model for residential […]
Informative Research Adds Consumer-Permissioned Verification of Employment/Income via AccountChek to its Verification Platform
GARDEN GROVE, Calif., Oct. 8, 2024 (SEND2PRESS NEWSWIRE) — Informative Research, a premier technology provider delivering data-driven credit and verification solutions to the lending community, announced the addition of AccountChek to the list of integrated verification providers available within the IR Verification Platform. This latest enhancement empowers lenders to optimize their verification processes using IR’s […]
Rate-and-Term Refinance Locks Surge 700% Over Previous Year Following the FOMC’s September Interest Rate Reduction
PLANO, Texas, Oct. 8, 2024 (SEND2PRESS NEWSWIRE) — Optimal Blue today released its September 2024 Market Advantage mortgage data report, which found a 50% month-over-month (MoM) increase in rate-and-term refinance activity as people who purchased homes in recent years jumped at the opportunity to lower their interest rates and mortgage payments. While the Federal Open […]