CLEVELAND, Ohio /CitizenWire/ — Top mortgage industry webcast The Big Picture, broadcast live every Thursday at 3 p.m. ET, this week features Peter J. Benjamin, CMB, president of the American Credit Union Mortgage Association (ACUMA), an organization dedicated to advancing credit union mortgage lending.
Archive | Finance
Finance News, including banking, mortgage lending, public companies, economic reports, earnings, and related financial news.
News: Mortgage Capital Trading (MCT) Unveils MSRlive! 4.0 – Offering Ground-Breaking Enhancements to MSR Reporting and Transparency | CitizenWire
SAN DIEGO, Calif. /CitizenWire/ — Mortgage Capital Trading (MCT), the de facto leader in innovative mortgage capital markets technology, today announced the release of MSRlive! 4.0, a groundbreaking enhancement to its mortgage servicing rights (MSR) valuation platform. The latest version offers mortgage servicers an unprecedented level of transparency and business intelligence, equipping portfolio managers with […]
News: MCT Reports 16% Decrease in Mortgage Lock Volume Amid Market Dynamics | CitizenWire
SAN DIEGO, Calif. /CitizenWire/ — Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, announced today a 16.7% decrease in mortgage lock volume compared to the previous month. Industry professionals and market enthusiasts are encouraged to download the complete report to gain comprehensive insights into the evolving market dynamics.
News: Hopdox Enters into a Joint eRecording Services Agreement with Harris Recording Solutions to Bring Seamless eRecording to Counties Nationwide | CitizenWire
ALPINE, Utah /CitizenWire/ — Hopdox, the leading innovator in eRecording, is excited to announce that it has entered a joint eRecording services agreement with Harris Recording Solutions to integrate Hopdox’s cutting-edge eRecording platform with Harris Recording Solutions’ land record management systems. This collaboration marks a major milestone in delivering more efficient, modern recording capabilities to […]
News: Hopdox Successfully Completes Inaugural eRecording in Clark County, Nevada | CitizenWire
ALPINE, Utah /CitizenWire/ — Hopdox, the leading innovator in eRecording, is thrilled to announce the successful completion of its first eRecording in Clark County, Nevada. This milestone marks the inauguration of Hopdox’s services, enabling seamless and efficient document recording for the nation’s title companies, banks, and attorneys.
News: ACES Increases Financial Services QC Audit Volume by 15% in 2024, Expands New Client Acquisition by 66% | CitizenWire
DENVER, Colo. /CitizenWire/ — ACES Quality Management® (ACES), the leading provider of enterprise quality management and control software for the financial services industry, has sought to support its customers through turbulent market conditions by providing critical technology innovations to its quality control audit suite.
News: December Mortgage Lock Data Reveals Year-Over-Year Increases Across All Loan Types Despite Seasonal Downturn | CitizenWire
PLANO, Texas /CitizenWire/ — 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 […]
News: ProNotary Invites Businesses to Partner for Wildfire Disaster Relief with Remote Online Notarization Solutions | CitizenWire
DALLAS, Texas /CitizenWire/ — 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, […]
News: Polly and CapitalW Collective Align to Support Women in Mortgage Capital Markets | CitizenWire
SAN DIEGO, Calif. /CitizenWire/ — CapitalW Collective, a trailblazing non-profit dedicated to advancing women and their allies in mortgage capital markets, proudly announces Polly as its first product and pricing engine (PPE) Diamond-level corporate sponsor. This alliance underscores CapitalW Collective’s mission “to create more inclusive and dynamic mortgage capital markets, one woman and ally at […]
News: Travel Insurance Essential in 2025: Bigger Trips, Rising Costs, and Evolving Travel Trends | CitizenWire
NEW YORK, N.Y. /CitizenWire/ — TravelInsurance.com, the leading platform for comparing and purchasing travel insurance from global providers, reports that travel insurance is more critical in 2025 as disruptions and rising travel costs persist. With trip costs and demand surging in 2025, the importance of safeguarding travel investments is clear.
News: Mortgage Machine Services Fully Integrates AI-Powered Pricing Engine into Proprietary LOS | CitizenWire
ADDISON, Texas /CitizenWire/ — 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.
News: Mortgage industry podcast The Big Picture with Rich Swerbinsky and Rob Chrisman welcomes Floify President Sofia Rossato as January 9 guest | CitizenWire
CLEVELAND, Ohio /CitizenWire/ — Top mortgage industry podcast The Big Picture, broadcast live every Thursday at 3 p.m. ET, this week features technology executive Sofia Rossato, president and general manager of Floify, a leading mortgage point-of-sale solution and subsidiary of Porch Group, Inc. A respected proptech and fintech executive with more than 20 years’ experience […]
News: Dark Matter Technologies Taps Brad Vasto as Chief Revenue Officer | CitizenWire
JACKSONVILLE, Fla. /CitizenWire/ — Dark Matter Technologies (Dark Matter®), an innovative leader in mortgage technology backed by time-tested loan origination software and leadership, today announced the appointment of Brad Vasto as Chief Revenue Officer (CRO). Vasto steps into the role as Sean Dugan, the outgoing CRO, prepares to assume the position of CEO in April […]
News: Jason Mapes, Floify’s head of sales, named a PROGRESS in Lending Thought Leader | CitizenWire
BOULDER, Colo. /CitizenWire/ — Floify, the mortgage industry’s leading point-of-sale (POS) solution, today announced that its Head of Sales, Jason Mapes, has been named a 2024 Thought Leader by PROGRESS in Lending (PIL). Now in its fourth year, PIL’s Thought Leader award recognizes industry thought leaders who are not afraid to “step forward and blaze […]
News: Matrix Advises on the Sale of Clearfield MMG, LLC to VLS Environmental Solutions, LLC | CitizenWire
RICHMOND, Va. /CitizenWire/ — Matrix Capital Markets Group, Inc. is pleased to announce the sale of Clearfield MMG, LLC, a Virginia-based company renowned for its expertise in innovative, specialized treatment and waste disposal solutions, to VLS Environmental Solutions, LLC, a leader in sustainable waste management and environmental solutions and a portfolio company of I Squared […]
News: Healthcare Insurance Policies Fuel Crisis: The Silent Killer of Home Care Agencies | CitizenWire
HOUSTON, Texas /CitizenWire/ — 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 […]
News: Alliance Group Celebrates Eighth Annual Living Benefits Awareness Month This January | CitizenWire
LAWRENCEVILLE, Ga. /CitizenWire/ — Alliance Group is proud to announce the eighth annual Living Benefits Awareness Month (LBAM), kicking off this January with the theme, Get the Most Out of Life. The month-long campaign aims to educate consumers about the transformative value of Living Benefits life insurance, which ensures policyholders get more value from their […]
News: Matrix Advises on the Sale of Atlantic States Lubricants Corp. to Moove | CitizenWire
RICHMOND, Va. /CitizenWire/ — Matrix Capital Markets Group, Inc. announces the successful sale of certain assets of Atlantic States Lubricants Corp. (“ASL”) to Moove, formerly known as PetroChoice. Atlantic States Lubricants, based in Farmingdale, New York, is an authorized distributor of Mobil-branded lubricants and related products.
News: Dovenmuehle Earns FHA Tier 1 Rating from HUD’s Tier Ranking System (TRS) II Scorecard | CitizenWire
LAKE ZURICH, Ill. /CitizenWire/ — Dovenmuehle Mortgage, Inc., a leader in mortgage subservicing, announced today that it received a Tier 1 Rating from the U.S. Department of Housing and Urban Development (HUD). This rating was awarded for Dovenmuehle’s Federal Housing Administration (FHA) servicing performance under HUD’s Tier Ranking System II (TRS II).
News: Ryan Kaufman of Informative Research Named to National Mortgage Professional’s 40 Under 40 List | CitizenWire
IRVINE, Calif. /CitizenWire/ — Informative Research, a premier technology provider delivering data-driven credit and verification solutions to the lending community, announced that Ryan Kaufman, IT Manager of Integrations, has been named to the National Mortgage Professional (NMP) 40 Under 40 list. This honor recognizes exceptional professionals who are influencing the future of the mortgage industry.
News: Dark Matter Technologies’ Stephanie Durflinger and Bethany Williams-Woodward Win Prestigious Mortgage Industry Awards | CitizenWire
JACKSONVILLE, Fla. /CitizenWire/ — Dark Matter Technologies (Dark Matter), an innovative leader in mortgage technology backed by time-tested loan origination software and leadership, today announced that Stephanie Durflinger, its chief product officer, has been named a HousingWire Tech Trendsetter, and Bethany Williams-Woodward, its data solutions product manager, has been named to National Mortgage Professional Magazine’s […]
News: Matrix Advises Jolley Stores and S.B. Collins on its Sale to Stewart’s Shops | CitizenWire
RICHMOND, Va., and BALTIMORE, Md. /CitizenWire/ — Matrix Capital Markets Group, Inc. announces that it has advised Jolley Associates, LLC and S.B. Collins, Inc. (collectively, “SBC”) on the sale of its convenience retail, wholesale dealer, and residential heating oil (d/b/a as Clarence Brown) businesses to Stewart’s Shops Corp.
News: Click n’ Close welcomes Jeff Raich to its National Sales bench | CitizenWire
ADDISON, Texas /CitizenWire/ — 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.
News: Financial Advisor Jonathan Mintle of Edward Jones Receives CERTIFIED FINANCIAL PLANNER™ Certification | CitizenWire
BUENA VISTA, Colo. /CitizenWire/ — Financial Advisor Jonathan Mintle of the financial services firm Edward Jones in Buena Vista, Colorado has received the CERTIFIED FINANCIAL PLANNER™, or CFP®, certification, granted by the Certified Financial Planner Board of Standards (CFP Board).
News: MCT Reports a 15% Decrease in Mortgage Lock Volume Amid Higher Rates | CitizenWire
SAN DIEGO, Calif. /CitizenWire/ — Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, has announced a 15.12% decrease in mortgage lock volume compared to the previous month. The data, reflecting current market dynamics, is available in MCT’s latest report, which offers in-depth analysis and insights for industry professionals […]
News: Empowering Businesses and Notaries to Expand Their Reach with Cutting-Edge RON Technology | CitizenWire
DALLAS, Texas /CitizenWire/ — 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 […]
News: Vice Capital Markets signs 50th Investor Partner to ViceEx mortgage whole loan trading platform | CitizenWire
NOVI, Mich. /CitizenWire/ — Vice Capital Markets, a leading mortgage hedge advisory firm for independent lenders, banks and credit unions, announced today the addition of its 50th investor to its all-inclusive whole loan trading platform Vice Execution Portal™ (ViceEx™). This addition enhances the platform’s ability to deliver unmatched market access and execution flexibility for clients […]
News: Mortgage Lock Activity Fell in November as Interest Rates Hit Their Highest Levels Since July | CitizenWire
PLANO, Texas /CitizenWire/ — 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.
News: Optimal Blue Announces Tony Hawk, Housing Industry Leaders to Headline Inaugural User Conference | CitizenWire
PLANO, Texas /CitizenWire/ — 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 […]
News: Secured Signing has experienced a remarkable 30% month-over-month growth in demand for its Remote Online Notarizations Platform | CitizenWire
MOUNTAIN VIEW, Calif. /CitizenWire/ — Secured Signing, a leading provider of digital signing and Remote Online Notarization (RON) solutions, is excited to unveil a series of powerful enhancements to its platform. These updates solidify its leadership in the digital notarization industry by optimizing workflow efficiency, increasing transparency, and enhancing user control.
News: CFD Companies Announce $300M in new AUA and Increased Partnership with Kingdom Advisors | CitizenWire
KOKOMO, Ind. /CitizenWire/ — CFD Companies, home to a fully independent Broker/Dealer and RIA, announced that they continued to enjoy growth in the second and third quarters of 2024. Multiple financial professionals moved their affiliations from competitors to the CFD Companies during the last two quarters, bringing over an additional $300 million in assets under […]
News: SureShotFX Launches Limited-Time 60% Savings Black Friday Offer to Enhance Forex Journey: Designed for All Levels of Traders | CitizenWire
LONDON, U.K. /CitizenWire/ — SureShotFX, a renown forex signals and tools provider , is excited to announce its exclusive Black Friday promotion. The highly anticipated Black Friday offers, which were originally slated for November 26 to November 30, 2024, have been unveiled early, giving traders a head start on incredible savings. Whether you’re just starting […]
News: Get up to 70% Off Black Friday Deals on Signal Copying Tools – Only at Telegram Signal Copier! | CitizenWire
LONDON, U.K. /CitizenWire/ — Telegram Signal Copier, the best signal copier in the trading industry, prepares for one of the biggest shopping days of the year. So, it has announced its Black Friday offers, initially set to run from November 26 to November 30, are now live, giving traders an exclusive early chance to take […]
News: Shore United Bank inks contract with Dark Matter Technologies for its mortgage business with the Empower LOS and AIVA AI virtual assistants | CitizenWire
JACKSONVILLE, Fla. /CitizenWire/ — Dark Matter Technologies (Dark Matter®), an innovative leader in mortgage technology backed by time-tested loan origination software and leadership, announced today that Shore United Bank (Shore United), a community bank founded in 1876, has selected the Empower® LOS and select AIVA® AI virtual assistants from Dark Matter to streamline its mortgage […]
News: Mobility Market Intelligence Ranked Number 418 Fastest-Growing Company in North America on the 2024 Deloitte Technology Fast 500™ | CitizenWire
SALT LAKE CITY, Utah /CitizenWire/ — Mobility Market Intelligence (MMI) today announced it ranked No. 418 on the Deloitte Technology Fast 500™, an annual ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America, now in its 30th year. MMI grew 260 % from 2020 through 2023.
News: ACES Q2 2024 Mortgage QC Trends Report Reveals Second Consecutive Increase in Critical Defect Rate | 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 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 […]
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.