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Finance News, including banking, mortgage lending, public companies, economic reports, earnings, and related financial news.

News: DocMagic executives elected to vice chair MISMO Communities of Practice | CitizenWire

TORRANCE, Calif. /CitizenWire/ — DocMagic, Inc., today announced that two of its executives have been elected to help lead Community of Practice (CoP) workgroups within the Mortgage Industry Standards Maintenance Organization (MISMO) for the 2026-2027 term. Chief eServices Executive Brian D. Pannell will serve as vice chair of MISMO’s Digital Interoperability CoP, and Director of […]

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News: ACES Quality Management Acquires Basecap Analytics, Expanding Enterprise Data Quality Capabilities | CitizenWire

DENVER, Colo. /CitizenWire/ — ACES Quality Management® (ACES), the leading provider of enterprise quality management and control software for the financial services industry, today announced its acquisition of Basecap Analytics, an established enterprise data quality platform trusted by leading financial institutions. The acquisition enhances ACES’ ability to deliver end-to-end quality management by expanding its platform […]

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News: Vertyx Expands Mortgage Servicing Platform with Portfolio Retention and Engagement Measurement Tools for Servicers and Investors | CitizenWire

NEW YORK, N.Y. /CitizenWire/ — Vertyx, a provider of intelligent mortgage servicing technology built for enhanced portfolio performance, today announced the release of Borrower Relationship Management, a new capability within its end-to-end mortgage servicing platform designed to help servicers and investors identify retention and recapture opportunities earlier, deliver timely outreach through borrower channels and measure […]

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News: Down Payment Resource finds 2,619 homebuyer assistance programs nationwide in Q4 of 2025 | CitizenWire

ATLANTA, Ga. /CitizenWire/ — Down Payment Resource (DPR), the housing industry authority on homeownership program data and solutions, today released its Q4 2025 Homeownership Program Index (HPI) report, identifying 2,619 programs. While the total count is five programs fewer than the prior quarter, it marked a 6% increase from a year earlier, rising from 2,466 […]

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News: Informative Research delivers significant platform innovations and enhanced integrations in 2025 | CitizenWire

GARDEN GROVE, Calif. /CitizenWire/ — Informative Research (IR), a leading technology provider of data-driven credit and verification solutions for the lending industry, today announced that its work in 2025 has introduced significant platform enhancements and expanded its integration ecosystem across credit and verification services. The company introduced new credit and verification capabilities, added multiple data […]

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News: Class Valuation Appoints Tanya Wright as EVP of TPO and Distributed Retail | CitizenWire

TROY, Mich. /CitizenWire/ — Class Valuation, a leading real estate appraisal management company (AMC), announced today that Tanya Wright has joined the company as Executive Vice President of Third-Party Origination (TPO) and Distributed Retail. Wright will serve on Class Valuation’s Operations Leadership Team and oversee strategy, operations and client success for the company’s broker and […]

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News: Moody’s Investors Service affirms Dovenmuehle’s overall rating as ‘above average’ residential mortgage loan servicer | CitizenWire

LAKE ZURICH, Ill. /CitizenWire/ — Dovenmuehle Mortgage, Inc. (Dovenmuehle), a leading residential mortgage subservicer, announced today that Moody’s Investors Service (“Moody’s”) has affirmed its servicer quality (SQ) assessment as a servicer of prime residential mortgage loans at SQ2-. Moody’s assessment highlights Dovenmuehle’s strong performance and disciplined execution across key areas of mortgage servicing.

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News: Franklin Madison Welcomes Farah Rehman as Group Vice President, Revenue Execution | CitizenWire

BRENTWOOD, Tenn. /CitizenWire/ — Franklin Madison is thrilled to announce the addition of Farah Rehman as Group Vice President, Revenue Execution. With 24 years of experience spanning product development, sales, marketing, and strategy, Farah brings a distinguished track record of helping build and scale insurance businesses to the executive leadership team.

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News: FirstClose Caps Transformational 2025 With Faster Closings, Platform Expansion and Strong Market Momentum | CitizenWire

AUSTIN, Texas /CitizenWire/ — FirstClose™, a leading fintech provider of data and workflow solutions for mortgage and home equity lenders nationwide, today announced 2025 results showing faster closings and measurable efficiency gains as lenders used its technology to meet rising home equity demand in a high-interest-rate environment. The company reduced closing timelines, expanded key integrations […]

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News: Legacy Wealth Advisors has once again been named to the Forbes Best-in-State Wealth Management Teams list for 2026 | CitizenWire

WARRENVILLE, Ill. /CitizenWire/ — Raymond James Financial Services is proud to announce that Legacy Wealth Advisors has once again been named to the Forbes Best-in-State Wealth Management Teams list for 2026, marking four consecutive years of recognition in this prestigious national ranking. Legacy Wealth Advisors is known for its collaborative approach, ensuring clients benefit from […]

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News: ACES Quality Management Grows Audit Volume and Market Share, Advances AI Innovation and Industry Leadership in 2025 | CitizenWire

DENVER, Colo. /CitizenWire/ — ACES Quality Management® (ACES), the leading provider of enterprise quality management and control software for the financial services industry, continued to support its customers through a challenging mortgage market in 2025 by sustaining audit scale, advancing AI-driven quality control innovation and delivering trusted regulatory and defect trend insight.

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News: Optimal Blue report: December lock volume closes 2025 on a firm footing | CitizenWire

PLANO, Texas /CitizenWire/ — Optimal Blue today released its December 2025 Market Advantage mortgage data report, showing that mortgage rate-lock activity ended the year on a firm footing, bucking typical holiday-driven seasonality. Total lock volume rose 2% month over month (MoM) from November and finished 30% higher year over year (YoY), driven primarily by rate-and-term […]

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News: Friday Harbor adds Fannie Mae’s Income Calculator to its AI Originator Assistant | CitizenWire

SEATTLE, Wash. /CitizenWire/ — Friday Harbor, an AI-powered platform that helps loan officers assemble complete and compliant loan files in real time, today announced the integration of its AI Originator Assistant with Fannie Mae’s Income Calculator. The new connection enables lenders to instantly calculate qualifying income for borrowers with self-employment or rental income and gain […]

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News: Dovenmuehle receives ISO/IEC 27001 certification, reinforcing commitment to data security and operational excellence | CitizenWire

LAKE ZURICH, Ill. /CitizenWire/ — Dovenmuehle Mortgage, Inc. (DMI), a leading mortgage subservicing company, announced today that it has received the ISO/IEC 27001 certification from NSF International Strategic Registrations (NSF-ISR), an NSF company. ISO/IEC 27001 defines global benchmarks for information security management systems (ISMS).

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News: The Big Picture opens 2026 with conversations on compliance, leadership and new paths to homeownership | CitizenWire

CLEVELAND, Ohio /CitizenWire/ — Top mortgage industry webcast The Big Picture, broadcast live every Thursday at 3 p.m. ET, announced a January slate of guests offering timely perspectives on how to navigate the regulatory landscape ahead, scale mortgage production while developing the next generation of originators, execute with discipline in volatile markets and expand access […]

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News: The Mortgage Collaborative Appoints Rich Swerbinsky as Strategic Advisor to CEO & President; Names Heidi Belnay Senior Advisor for Business Development | CitizenWire

SAN DIEGO, Calif. /CitizenWire/ — The Mortgage Collaborative (TMC), the nation’s only independent, wholly-owned mortgage lending cooperative, today announced the appointment of Rich Swerbinsky as Strategic Advisor to the CEO & President and Heidi Belnay as Senior Advisor for Business Development. These strategic additions to the leadership team position TMC for accelerated growth and continued […]

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News: IRS Solutions Completes SOC 2® Examination | CitizenWire

VALENCIA, Calif. /CitizenWire/ — IRS Solutions® announces today that it has completed the SOC 2® examination. As tax professionals face growing security expectations, technology providers must prove accountability and consistency in how they handle data. A recently completed SOC 2® examination provides independent validation that IRS Solutions systems maintain secure, reliable, and confidential operations.

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News: TMC to host inaugural ACT Technology Summit focused on mortgage technology and AI | CitizenWire

SAN DIEGO, Calif. /CitizenWire/ — The Mortgage Collaborative (TMC), the nation’s leading independent cooperative network for mortgage lenders, today announced it will host the inaugural ACT Technology Summit, short for Accelerator and Collaborative Transformation, a two-day standalone mortgage technology competition and showcase Aug. 12-13 at The Highlands Hotel in Dallas.

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News: LenderLogix expands LiteSpeed POS with native eSignature for borrowers and loan teams | CitizenWire

BUFFALO, N.Y. /CitizenWire/ — LenderLogix, a leading provider of mortgage point-of-sale and automation software for banks, credit unions, independent mortgage banks, and brokers, today announced LiteSpeed eSign, a fully native eSignature experience built into the LiteSpeed point of sale (POS) platform. Serving both sides of the mortgage process, LiteSpeed eSign enables lenders to tag and […]

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News: TMC launches new individual subscription membership option | CitizenWire

SAN DIEGO, Calif. /CitizenWire/ — The Mortgage Collaborative (TMC), the nation’s leading independent cooperative network for mortgage lenders, today announced the launch of an individual subscription membership option that expands access to its network for mortgage professionals seeking connection, insight and peer engagement outside a traditional lender membership.

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News: ACES Quality Management Announces General Availability of ACES DATABRIDGE for Enterprise Data Portability | CitizenWire

DENVER, Colo. /CitizenWire/ — ACES Quality Management#xae; (ACES), the leading provider of enterprise quality management and control software for the financial services industry, today announced the general availability of its latest innovation, ACES DATABRIDGE, which makes ACES customer data fully portable.

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News: FirstClose Integrates Stewart Home Equity Solutions into OMS to Streamline Lender Workflows | CitizenWire

AUSTIN, Texas /CitizenWire/ — FirstClose™, a leading fintech provider of data and workflow solutions for mortgage and home equity lenders nationwide, announced today a new partnership with Stewart Lender Services, a division of Stewart Information Services Corporation (NYSE: STC), that enhances FirstClose’s Order Management System (OMS) with expanded home equity fulfillment capabilities.

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News: Class Valuation names Daniel Allan Busch as chief financial officer | CitizenWire

TROY, Mich. /CitizenWire/ — Class Valuation, a leading real estate appraisal management company (AMC), announced today that Daniel A. Busch has joined the company as its chief financial officer (CFO). Busch brings more than two decades of financial leadership experience to the role, including extensive work in private equity environments, business transformation and data-driven operational […]

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News: Optimal Blue report: Lock volume posts strongest November since 2021 | CitizenWire

PLANO, Texas /CitizenWire/ — Optimal Blue today released its November 2025 Market Advantage mortgage data report, which found that total mortgage rate-lock activity declined with normal late fall seasonality, yet still marked the strongest November in four years. Total lock volume fell 25% month over month (MoM) from October but remained up 17% year over […]

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News: Optimal Blue names Lanny Rogers chief financial officer and Jeremy Moreno chief revenue officer | CitizenWire

PLANO, Texas /CitizenWire/ — Optimal Blue today announced the promotion of Lanny Rogers III, CPA, to chief financial officer (CFO) and Jeremy Moreno to chief revenue officer (CRO). Their combined experience and long track records of leadership position the company to advance its next stage of growth and client success with a dedicated financial strategy […]

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News: Informative Research’s Sriranjini Prabhakara Named to 2025 National Mortgage Professional 40 Under 40 List | CitizenWire

GARDEN GROVE, Calif. /CitizenWire/ — Informative Research (IR), a leading technology provider of data-driven credit and verification solutions for the lending industry, today announced that Software Developer Sriranjini “Sri” Prabhakara has been named to National Mortgage Professional Magazine’s 2025 40 Under 40 list. The annual recognition highlights emerging professionals whose work is helping shape the […]

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News: FirstClose appoints Alex Sirpis as vice president of sales | CitizenWire

AUSTIN, Texas /CitizenWire/ — FirstClose™, a leading fintech provider of data and workflow solutions for mortgage and home equity lenders nationwide, today announced the appointment of Alex Sirpis as vice president of sales. In this role, Sirpis will lead the company’s sales organization, refine the go-to-market strategy and drive revenue growth as FirstClose continues expanding […]

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News: Rivermark Community Credit Union Expands Subservicing Relationship with Dovenmuehle | CitizenWire

LAKE ZURICH, Ill. /CitizenWire/ — Dovenmuehle Mortgage, Inc. (DMI), a leading mortgage subservicing company, announced today that Rivermark Community Credit Union has expanded its partnership with DMI. Under this expanded relationship, Dovenmuehle will provide subservicing for Rivermark’s growing portfolio of mortgage loans, supporting the credit union’s expanding membership base and ensuring an exceptional servicing experience […]

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News: The Big Picture’s final lineup of 2025 features mortgage power players in conversation on leadership, tech disruption and the future of the industry | CitizenWire

CLEVELAND, Ohio /CitizenWire/ — Top mortgage industry webcast The Big Picture, broadcast live every Thursday at 3 p.m. ET, announced a December lineup of trailblazing figures in loan origination technology, real estate and housing finance advocacy. Co-hosted by mortgage business consultant and executive coach Rich Swerbinsky and capital markets authority Rob Chrisman.

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News: iEmergent’s latest U.S. mortgage forecast validation confirms industry-leading accuracy | CitizenWire

DES MOINES, Iowa /CitizenWire/ — iEmergent, a forecasting and advisory services firm for the financial services, mortgage and real estate industries, released a new analysis validating that its U.S. purchase mortgage origination forecasts continue to lead the industry in accuracy, outperforming other publicly available forecasts such as those published by Fannie Mae and the Mortgage […]

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News: FirstClose Appoints Adam Nicholson as Director of Professional Services | CitizenWire

AUSTIN, Texas /CitizenWire/ — FirstClose™, a leading fintech provider of data and workflow solutions for mortgage and home equity lenders nationwide, today announced the appointment of Adam Nicholson as director of professional services. Nicholson will lead the company’s implementation operations, including project delivery, process optimization and cross-functional coordination to enhance the customer experience.

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News: Lake Michigan Credit Union selects FirstClose Equity Order Management for automated home equity settlement workflows | CitizenWire

AUSTIN, Texas /CitizenWire/ — FirstClose™, a leading fintech provider of data and workflow solutions for mortgage and home equity lenders nationwide, announced today that Lake Michigan Credit Union (LMCU) has implemented FirstClose’s Equity Order Management to automate settlement workflows for its home equity lending operations.

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News: DocMagic enhances Total eClose platform with new IPEN capability for broader digital closing flexibility | CitizenWire

TORRANCE, Calif. /CitizenWire/ — DocMagic, Inc. announced today the availability of its in-person electronic notarization (IPEN) capability, extending the company’s Total eClose™ platform to support more closing scenarios and borrower preferences across the country. IPEN offers lenders, settlement agents, notaries and borrowers an additional digital option for situations where remote online notarization (RON) is not […]

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News: ACES Q2 2025 Mortgage QC Industry Trends Report shows modest rise in critical defect rate as refinance complexity tests loan quality | CitizenWire

DENVER, Colo. /CitizenWire/ — ACES Quality Management® (ACES), the leading provider of enterprise quality management and control software for the financial services industry, today announced the release of its quarterly ACES Mortgage QC Industry Trends Report covering the second quarter (Q2) of 2025. The report analyzes post-closing quality control data derived from the ACES Quality […]

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News: MMI Honored with 2025 AI Pioneer Award for Innovative Use of Artificial Intelligence in Mortgage Technology | CitizenWire

SALT LAKE CITY, Utah /CitizenWire/ — Mobility Market Intelligence (MMI), the leader in mortgage technology, has been recognized with the 2025 AI Pioneer Award by PROGRESS in Lending Association for leveraging artificial intelligence like ChatMMI cross its platform to deliver to deliver real, measurable outcomes for lenders-from opportunity discovery and timely outreach to borrower retention […]

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News: Rice Park Acquires Rosegate Mortgage, Enhancing End-to-End Mortgage Capabilities and MSR Investment Platform | CitizenWire

CHARLOTTE, N.C. and PLYMOUTH, Minn. /CitizenWire/ — Rice Park Capital Management LP (“Rice Park”), a Minneapolis-based private investment firm specializing in mortgage servicing rights (MSRs), announced today that it has acquired Rosegate Mortgage, LLC (“Rosegate Mortgage”), NMLS #2020757, a retail and consumer-direct mortgage lender headquartered in Charlotte, NC.

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News: Velocity Credit Union Introduces ‘Buy Now, Pay Later’ to Give Members Greater Financial Flexibility | CitizenWire

AUSTIN, Texas /CitizenWire/ — Velocity Credit Union (Velocity) has announced the launch of a new Buy Now, Pay Later (BNPL) program designed to give members greater financial flexibility and control over their everyday spending. A financial institution with over $1 billion in assets and serving over 80,000 members, Velocity is introducing this program to further […]

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News: The Mortgage Collaborative Charts 2026 Strategy Focused on Connection, Growth and Industry Resilience | CitizenWire

SAN DIEGO, Calif. /CitizenWire/ — As lenders continue to navigate a shifting housing market marked by volatility, margin pressure and rapid technological change, The Mortgage Collaborative (TMC) is doubling down on what it believes is the industry’s greatest strength: connection.

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News: Cloudvirga’s Loan Hub equips loan teams with modern tools for managing pipelines, tasks and borrower communication | CitizenWire

IRVINE, Calif. /CitizenWire/ — Cloudvirga, a Stewart-owned provider of digital point-of-sale platforms for lenders, today announced the launch of its new Loan Hub for lenders seeking an optimized loan team experience. The Loan Hub gives loan officers, LO assistants and processors a modern, intuitive workspace to manage their pipelines, collaborate with borrowers and complete key […]

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News: Optimal Blue report: October lock volume holds second-highest level in three years | CitizenWire

PLANO, Texas /CitizenWire/ — Optimal Blue today released its October 2025 Market Advantage mortgage data report, showing that rate-lock activity remained strong despite seasonal cooling and continued to outpace last year’s levels. Total lock volume fell 4.2% month over month (MoM) from September’s peak but was still up 18% year over year (YoY) as borrowers […]

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