ATLANTA, Ga. /CitizenWire/ — Down Payment Resource (DPR), the housing industry’s leading technology for connecting homebuyers with homebuyer assistance programs, today announced the addition of three new team members to support growing demand
Archive | Finance
Finance News, including banking, mortgage lending, public companies, economic reports, earnings, and related financial news.
News: The Mortgage Collaborative Advocates for Lender Concerns at Federal Housing Agencies During June DC Visits | CitizenWire
WASHINGTON, D.C. /CitizenWire/ — The Mortgage Collaborative (TMC) hosted its second Advocacy Committee trip to Washington, DC June 4-6, 2024, with 13 of its IMB and depository Lender Members meeting with key federal agencies, including the Consumer Financial Protection Bureau (CFPB), the U.S. Department of Housing and Urban Development (HUD), Ginnie Mae, Federal Housing Finance […]
News: MCT Integrates with Fannie Mae’s Mission Score API and New Product Grids to Empower Originators to Take Advantage of Market Incentives for Mission-oriented Lending | CitizenWire
SAN DIEGO, Calif. /CitizenWire/ — Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, announced the launch of new integrations with Fannie Mae’s Mission Score application programming interface (API) and Mission Score 2 and 3 product grids that provide better transparency and pricing for mortgages aligned with Fannie Mae’s […]
News: EnergyCAP Named Market Leader in the Summer 2024 Energy Management Software Customer Success Report | CitizenWire
STATE COLLEGE, Pa. /CitizenWire/ — EnergyCAP has been named a Market Leader in the Energy Management Software category for the Summer 2024 Customer Success Report published by FeaturedCustomers. FeaturedCustomers is the leading customer success content marketing platform for B2B business software & services helping potential B2B buyers make informed purchasing decisions through vendor validated customer […]
News: Optimal Blue Launches Competitive Data License to Help Lenders Optimize Margins With Competitive Loan Pricing Data | CitizenWire
PLANO, Texas /CitizenWire/ — Optimal Blue announced the release of Competitive Data License, a collection of key national mortgage pricing data that enables lenders to price products competitively, operate more profitably, and react swiftly to changing market conditions. Competitive Data License draws upon direct-source loan data from the Optimal Blue PPE, which is used to […]
News: New Book by Helen Braswell Kakouris Teaches Financial Literacy to Kids | CitizenWire
MIAMI, Fla. /CitizenWire/ — Helen Braswell Kakouris, CPA, an award-winning financial expert and entrepreneur, proudly announces the upcoming release of her new children’s book, “A Dollar Is Magic” (ISBN: 979-8218428693), scheduled for publication in September 2024. In “A Dollar Is Magic,” Braswell Kakouris merges her professional knowledge and personal experiences as a mother of three […]
News: Dark Matter Technologies’ Richard Gagliano honored with the 2024 Inman Best of Finance award | 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 Inman has recognized its CEO Richard Gagliano with the 2024 Best of Finance award. Now in its second year, the award celebrates 150 innovative professionals demonstrating exceptional leadership and […]
News: Dark Matter Technologies’ Richard Gagliano honored with the 2024 Inman Best of Finance award | 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 Inman has recognized its CEO Richard Gagliano with the 2024 Best of Finance award. Now in its second year, the award celebrates 150 innovative professionals demonstrating exceptional leadership and […]
News: Floify brings its industry-leading point-of-sale technology to The Mortgage Collaborative as a preferred partner | CitizenWire
BOULDER, Colo. /CitizenWire/ — Floify, the mortgage industry’s leading point-of-sale (POS) solution, today announced that it has joined The Mortgage Collaborative (TMC), the nation’s largest independent cooperative network serving the mortgage industry. As a member of TMC’s Preferred Partner Network, Floify will provide its intuitive lending platform for mortgage lenders at a discounted rate to […]
News: Critical Defect Rate Declines Five Straight Quarters, Ending 2023 at 1.53%, Per ACES Mortgage QC Industry Trends Report | 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 fourth quarter (Q4) and calendar year (CY) of 2023. The latest report analyzes post-closing quality control data derived […]
News: Argyle’s Shmulik Fishman named an Inman Best of Finance award honoree | CitizenWire
NEW YORK CITY, N.Y. /CitizenWire/ — Shmulik Fishman, CEO of Argyle, a platform providing real-time income and employment verifications for some of the largest lenders in the United States, has been named to Inman’s 2024 Best in Finance list. Now in its second year, the award honors professionals hand-selected by Inman’s editorial team for their […]
News: Secured Signing Scales Up with Strategic Leadership and Global Expansion | CitizenWire
MOUNTAIN VIEW, Calif. /CitizenWire/ — Secured Signing, a leading provider of secure Digital Signatures and Remote Online Notarization platform, today announced a significant growth, fueled by a visionary leadership change and strategic team expansion.
News: Dovenmuehle’s Above Average Residential Mortgage Loan Primary Servicer Ranking Affirmed by S&P Global Rankings | CitizenWire
LAKE ZURICH, Ill. /CitizenWire/ — Dovenmuehle Mortgage, Inc. (Dovenmuehle), a leading mortgage subservicing company, announced today that Standard & Poor’s Global Ratings (S&P) has affirmed its Above Average ranking of Dovenmuehle as a residential mortgage loan primary servicer with a stable outlook. For 13 consecutive years, Dovenmuehle has consistently received an Above Average ranking from […]
News: Klingenstein Fields Advisors Adds Senior Planner to its Team | CitizenWire
NEW YORK, N.Y. /CitizenWire/ — Klingenstein Fields Advisors (KF Advisors) is pleased to welcome Andrew Vrachimis as a Managing Director. Andrew will join the Wealth Planning team, helping individuals and multi-generational families grow and protect their wealth and accomplish their estate planning and charitable goals. With a practical approach to personalized wealth planning, Andrew will […]
News: Matrix Advises Land O’Sun Management on its Sale to Anabi/Rebel | CitizenWire
RICHMOND, Va. /CitizenWire/ — Matrix Capital Markets Group, Inc., a leading, independent investment bank, has advised Land O’Sun Management Corporation d/b/a Fast Track on the sale of its petroleum marketing, convenience retail and quick-service restaurant businesses to Anabi Real Estate Development, LLC and its affiliates d/b/a Anabi/Rebel. Headquartered in Gainesville, Florida, Fast Track is a […]
News: MCT and Lender Price Join Forces to Improve Mortgage Pricing with Loan-Level MSR Values | CitizenWire
SAN DIEGO, Calif. /CitizenWire/ — Mortgage Capital Trading (MCT®), the de facto leader in innovative mortgage capital markets technology, and Lender Price, the first cloud-native provider of mortgage pricing technology, have partnered to provide mortgage lenders using the Lender Price product and pricing engine (PPE) with loan-level MCT MSR values. MCT’s industry-leading mortgage servicing rights […]
News: Avenu Insights & Analytics Unveils Groundbreaking Short-Term Rental Compliance Solution: Avenu | STR | CitizenWire
CENTREVILLE, Va. /CitizenWire/ — Avenu Insights & Analytics, a leading provider of revenue recovery and software solutions for state and local governments, proudly announces the launch of Avenu | STR, an innovative SaaS solution designed to streamline short-term rental (STR) compliance and enhance local government revenue management.
News: Mortgage Interest Rate Sensitivity Triggers 25% Spike in May Rate-and-Term Refinance Activity | CitizenWire
PLANO, Texas /CitizenWire/ — Optimal Blue today released its May 2024 Market Advantage mortgage data report, which revealed a 25.6% month-over-month (MoM) spike in rate-and-term mortgage refinances. The spike was a response to a modest drop in the Optimal Blue Mortgage Market Indices (OBMMI) 30-year conforming rate, which ended the month at 7.02%.
News: MCT Reports A 7% Mortgage Lock Volume Increase In Latest Indices Report | CitizenWire
SAN DIEGO, Calif. /CitizenWire/ — Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, announced today an increase of 6.78% in mortgage lock volume compared to the previous month. To gain comprehensive insights into the market dynamics, industry professionals and enthusiasts are invited to download the complete report.
News: Optimal Blue Names Joe Tyrrell Chief Executive Officer | CitizenWire
PLANO, Texas /CitizenWire/ — Optimal Blue today announced the appointment of Joe Tyrrell as CEO. Tyrrell succeeds interim CEO Scott Smith of Optimal Blue’s parent company, Constellation Software Inc. Tyrrell brings over 25 years of experience in the mortgage, finance, and technology industries to Optimal Blue.
News: Garden Studios Bills Tenants and Identifies Energy Waste with EnergyCAP | CitizenWire
STATE COLLEGE, Pa. /CitizenWire/ — Garden Studios, an innovative film studio based in London, has transformed its utility management and billing processes by implementing EnergyCAP’s leading energy management platform. This move aligns with Garden Studio’s commitment to sustainability as a certified B Corporation, dedicated to responsible business practices.
News: CapitalW Collective: Educating, Elevating, and Empowering Women in Mortgage Capital Markets | CitizenWire
SAN DIEGO, Calif. /CitizenWire/ — CapitalW Collective (CapitalW), the glass shattering non-profit benefiting women and their allies in mortgage capital markets, today announced its successful debut within the mortgage industry. Officially launched on May 1, 2024, CapitalW made its first appearance at the Mortgage Bankers Association Secondary and Capital Markets Conference in New York May […]
News: ProNotary Enhances Business Efficiency with Advanced Remote Online Notarization Solutions | CitizenWire
DALLAS, Texas /CitizenWire/ — ProNotary, a pioneering force in the remote online notarization industry, is proud to announce its continued commitment to transforming the landscape of notary services through cutting-edge remote online notarization (RON) solutions. Founded in 2018, ProNotary has been at the forefront of innovation, providing businesses with a comprehensive suite of notarization software […]
News: Click n’ Close to Receive Top Lender Award at USDA’s Single Family Housing Guaranteed Loan Program Ceremony | CitizenWire
ADDISON, Texas /CitizenWire/ — Click n’ Close, a multi-state mortgage lender, today announced that it will be honored with a top lender award at the United States Department of Agriculture’s Single Family Housing Guaranteed Loan Program ceremony. This recognition underscores Click n’ Close’s commitment to fostering homeownership and supporting community development through innovative loan programs.
News: American Pacific Mortgage Picks Fee Chaser by LenderLogix to Collect Upfront Borrower Fees | 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, recently announced the addition of American Pacific Mortgage to its roster of clients utilizing Fee Chaser. Employing Fee Chaser enables American Pacific Mortgage to efficiently and compliantly collect initial mortgage-related fees from […]
News: iEmergent’s 2024-2026 U.S. Mortgage Origination Forecast is now available in Mortgage MarketSmart | CitizenWire
DES MOINES, Iowa /CitizenWire/ — iEmergent, a forecasting and advisory services firm for the financial services, mortgage and real estate industries, today announced the availability of its 2024-2026 U.S. Mortgage Origination Forecast. Updated to reflect preliminary 2023 Home Mortgage Disclosure Act (HMDA) data released by the Federal Financial Institutions Examination Council in March, iEmergent’s latest […]
News: Floify’s head of marketing Courtney Dodd named to HousingWire’s 2024 Marketing Leaders list | CitizenWire
BOULDER, Colo. /CitizenWire/ — Floify, the mortgage industry’s leading point-of-sale (POS) solution, today announced that its Head of Marketing, industry veteran Courtney Dodd, has been named to HousingWire’s 2024 Marketing Leaders list. The award celebrates the industry’s most creative and influential marketing minds who have demonstrated a track record of transforming brands, leading teams and […]
News: Dark Matter Technologies VP of Marketing Wes Horbatuck honored as HousingWire Marketing Leader | 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 its vice president of marketing, Wes Horbatuck, has been honored by HousingWire as one of its 2024 Marketing Leaders.
News: Dovenmuehle announces strategic business development promotions to support demand for its mortgage subservicing offerings | CitizenWire
LAKE ZURICH, Ill. /CitizenWire/ — Dovenmuehle Mortgage, Inc. (Dovenmuehle), a leading residential mortgage subservicer, announced two promotions within its business development team – Anna Krogh to Senior Vice President and Director of Business Development and Chris Torres to Vice President of Business Development and Manager of the Western Region.
News: Leading Travel Insurance Comparison Website, TravelInsurance.com, Provides Critical Advice for Travelers During the Active 2024 Hurricane Season | CitizenWire
NEW YORK, N.Y. /CitizenWire/ — As the 2024 hurricane season kicks off, forecasts indicate this will be an above-normal season with potentially record-breaking activity. TravelInsurance.com underscores the importance of safeguarding travel investments against unforeseen disruptions. With predictions from Colorado State University’s tropical meteorology project team forecasting 23 storms, 11 which could intensify into hurricanes, including […]
News: Depth promotes Johnna Szegda to vice president role | CitizenWire
ATLANTA, Ga. /CitizenWire/ — Depth, a leading provider of consultative B2B marketing, public relations and reputation management services for technology companies within the residential mortgage finance, financial technology (fintech) and regulatory technology (regtech) industries, announced the promotion of Johnna Szegda to vice president.
News: Online notarization is streamlined with Secured Signing’s new features | CitizenWire
MOUNTAIN VIEW, Calif. /CitizenWire/ — Secured Signing, a leader in remote online notarization (RON) solutions, announces a suite of innovative features designed to streamline the online document signing and notarization process. These enhancements empower both notaries and singers to experience a smoother, more secure, and efficient experience.
News: ACES Quality Management Partners with Digilytics, Provider of AI-Powered Document Indexing, Categorization for QC Reviews | CitizenWire
DENVER, Colo. /CitizenWire/ — ACES Quality Management® (ACES), the leading provider of enterprise quality management and control software for the financial services industry, has announced a new partnership with Digilytics to provide ACES users access to Revel, an advanced optical character recognition (OCR) technology powered by artificial intelligence (AI) and machine learning (ML).
News: Dark Matter Technologies enhances the Empower LOS with native support for mortgage assumptions | 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 enhancements to the Loan Assumptions feature in the Empower® loan origination system (LOS) that make it easier for mortgage lenders and servicers to transfer assumable mortgages to new homebuyers. The […]
News: Local West Virginia Business Owners Jessica and Martin Herbert Named to NSBA Leadership Council | CitizenWire
SHEPHERDSTOWN, W.Va. /CitizenWire/ — Marty and Jessica Herbert, Herbert Insights & Innovations LLC (HI&I), Shepherdstown, West Virginia, were recently named to the National Small Business Association (NSBA) Leadership Council. NSBA is the nation’s oldest small-business advocacy organization, and operates on a staunchly nonpartisan basis. Marty and Jessica, recognized leaders in the small-business community, join the […]
News: Denver Post Names ACES Quality Management a Recipient of Colorado Top Workplaces 2024 Award | CitizenWire
DENVER, Colo. /CitizenWire/ — ACES Quality Management® (ACES), the leading provider of enterprise quality management and control software for the financial services industry, announced it has been awarded a Top Workplaces 2024 honor by Denver Post Top Workplaces. The Top Workplaces list is based solely on employee feedback gathered through a third-party survey.
News: Truity Credit Union inks deal to implement the Empower LOS from Dark Matter Technologies | CitizenWire
JACKSONVILLE, Fla. /CitizenWire/ — Dark Matter Technologies (Dark Matter), an innovative new leader in mortgage technology backed by time-tested loan origination software and leadership, today welcomed Truity Credit Union (Truity) as the latest financial institution to select the Empower® loan origination system. A member-owned credit union with locations in Oklahoma, Kansas and Texas, Truity will […]
News: KROST Acts as the Exclusive Financial Advisor to United Filters International in its Sale to ENPRESS LLC | CitizenWire
LOS ANGELES, Calif. /CitizenWire/ — United Filters International (UFI), a recognized leader in the design and manufacture of an expansive range of liquid filtration solutions, was recently sold to ENPRESS LLC, a leading manufacturer of composite pressure vessels and water filtration technologies. KROST was the exclusive financial advisor, and the terms of the transaction were […]
News: Optimal Blue Announces ‘Optimize Your Advantage’ to Showcase How Its Capital Markets Platform Puts Lenders in Control of Their Margins | CitizenWire
PLANO, Texas /CitizenWire/ — Optimal Blue announced the launch of its Optimize Your Advantage campaign in advance of the MBA Secondary and Capital Markets Conference. This comprehensive brand initiative highlights the value and innovation the company delivers to clients. Through Optimal Blue’s position as the housing industry’s only end-to-end capital markets platform, lenders and other […]
News: Matrix Leads Capital Raise for G&M Oil Company | CitizenWire
RICHMOND, Va. /CitizenWire/ — Matrix Capital Markets Group, Inc. (“Matrix”), a leading, independent investment bank, announces that it served as lead advisor on G&M Oil Company’s (“G&M” or the “Company”) syndicated debt financing. Founded in 1988, Matrix Capital Markets Group, Inc. is an independent, advisory focused, privately-held investment bank.