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Archive | Finance

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

News: LBA Ware and Sales Boomerang showcase borrower and business intelligence strategies that help mortgage lenders win in a purchase market | CitizenWire

MACON, Ga. /CitizenWire/ — LBA Ware™, a leading provider of incentive compensation management (ICM) and business intelligence (BI) software solutions for the mortgage industry, announced a free webinar highlighting the data points mortgage lenders should focus on to propel business performance in a purchase market.

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News: ICE Mortgage Technology Acquires eVault Technology from DocMagic for Encompass eClose | CitizenWire

TORRANCE, Calif. /CitizenWire/ — ICE Mortgage Technology™, part of Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today announced it will deploy an eVault solution for secure storage of digital mortgages and notes, based upon technology acquired from DocMagic, Inc.

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News: ICE Mortgage Technology Acquires eVault Technology from DocMagic for Encompass eClose | CitizenWire

TORRANCE, Calif. /CitizenWire/ — ICE Mortgage Technology™, part of Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today announced it will deploy an eVault solution for secure storage of digital mortgages and notes, based upon technology acquired from DocMagic, Inc.

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News: Chelsea Groton Bank Approves $244K in Grants During Spring Giving Cycle | CitizenWire

GROTON, Conn. /CitizenWire/ — This spring, the Chelsea Groton Foundation provided $244,319 to 67 non-profit organizations from Connecticut and Rhode Island. Over 60% of the Foundation’s approved funding went to organizations providing Health and Human Services, including critical needs such as healthcare, food, clothing and shelter.

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News: Report: Over One Quarter of All Mileage Reimbursement Claims Are Overreported | CitizenWire

ISSAQUAH, Wash. /CitizenWire/ — According to internal data gathered by TripLog, a leading enterprise mileage and expense tracking solution, over 1/4 (nearly 30%) of all mileage is overreported, which could potentially cost businesses millions of dollars per year in fraudulent reimbursements.

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News: Mid America Mortgage Securitizes Its First Ginnie Mae eNote with eCustodian Wilmington Trust | CitizenWire

ADDISON, Texas /CitizenWire/ — Mid America Mortgage, Inc. (Mid America) announced today that the company has completed its first Ginnie Mae eNote transaction with Wilmington Trust, an approved and active eCustodian under Ginnie Mae’s Digital Collateral Initiative. Having announced its first eNote transaction in August 2016, this represents the next step in Mid America’s ongoing […]

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News: Digital Mortgage Platform Maxwell Adds Industry Veteran Sadie Gurley to its Leadership Team | CitizenWire

DENVER, Colo. /CitizenWire/ — Leading digital mortgage platform Maxwell just announced the addition of Sadie Gurley as Vice President to its leadership team. Sadie holds over 25 years of experience in the mortgage industry, most specifically in due diligence and quality control services. Her role at Maxwell will help the company find new opportunities and […]

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News: AmeriSave Leveraging DocMagic Technology to Scale Operations, Elevate the Borrower Experience and Maximize Productivity | CitizenWire

TORRANCE, Calif. /CitizenWire/ — DocMagic, Inc., the premier provider of fully-compliant loan document preparation, automated regulatory compliance, and comprehensive eMortgage services, announced that AmeriSave Mortgage Corporation, one of the fastest-growing privately-held mortgage lenders in the nation and a pioneer in digital origination, is utilizing its document preparation solution and Total eClose™ platform to drive digital […]

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News: Mortgage Coach adds debt consolidation strategies in Total Cost Analysis to educate consumers on finance options using home equity | CitizenWire

CORONA, Calif. /CitizenWire/ — Mortgage Coach, the only platform enabling mortgage lenders to create digital and accurate home loan options for consumers, today announced its addition of detailed debt consolidation strategies in the Total Cost Analysis (TCA) presentation, allowing loan originators to educate consumers on lower interest debt repayment options as peaking home equity values […]

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News: Staff Retention Tops List of Lender Concerns in 2021, Inaugural Survey from The Mortgage Collaborative Finds | CitizenWire

SAN DIEGO, Calif. /CitizenWire/ — The Mortgage Collaborative (TMC), the nation’s largest independent mortgage industry cooperative network, has announced the results of its inaugural The Pulse of the Mortgage Industry survey ranking mortgage lenders’ top concerns based on 598 executive responses from the co-op’s 234 lender members.

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News: FormFree and MX receive 2021 Tearsheet Data Award for Best Data Aggregator/Fintech Partnership | CitizenWire

ATHENS, Ga. /CitizenWire/ — FormFree has been named a recipient of the 2021 Tearsheet Data Award for Best Data Aggregator/Fintech Partnership. FormFree was recognized for collaborating with financial data firm MX to improve its customer experience through the implementation of API and token-based connections that speed data retrieval and eliminate vexing multi-factor authentication pop-ups.

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News: Sales Boomerang’s Rusty Barnes Honored for Innovative Contributions to Mortgage Customer Retention | CitizenWire

WASHINGTON, D.C. /CitizenWire/ — Sales Boomerang, the industry’s top-rated automated borrower intelligence and retention system, today announced that Rusty Barnes, senior product manager, has been named a 2021 Rising Star by housing finance trade publication HousingWire as part of its eighth annual Rising Stars awards program recognizing the leaders under the age of 40 who […]

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News: Top of Mind Networks Director of Customer Growth Ryan Minard honored as 2021 HousingWire Rising Star | CitizenWire

ATLANTA, Ga. /CitizenWire/ — Top of Mind Networks (Top of Mind), a leader in customer relationship management (CRM) and marketing automation software for the mortgage lending industry, announced its Director of Customer Growth Ryan Minard has been named a 2021 Rising Star by HousingWire. Now in its eighth year, the HousingWire (HW) Rising Star award […]

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News: The Premier Agency is Recruiting New Insurance Agents in Arizona and Utah, and Matching Their Marketing Budget Dollar-For-Dollar | CitizenWire

PHOENIX, Ariz. /CitizenWire/ — The Premier Agency, founded in 2017, has begun recruiting top insurance agents throughout Arizona and Utah. The company specializes in Medicare, health, life, and long term care insurance. By working with the Premier Agency, new agents will represent most Major Medicare Advantage and Supplement carriers.

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News: HousingWire honors FormFree director of marketing Sarah Crossley as 2021 Rising Star | CitizenWire

ATHENS, Ga. /CitizenWire/ — FormFree® today announced that HousingWire (HW), a leading publication in the mortgage and financial technology industries, has selected Director of Marketing Sarah Crossley as a 2021 HW Rising Star. Now in its eighth year, the HW Rising Stars award program recognizes industry professionals who are helping move markets forward daily.

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News: SimpleNexus Founder Matt Hansen to lead new skunkworks unit, names Cathleen Schreiner Gates CEO | CitizenWire

LEHI, Utah /CitizenWire/ — SimpleNexus, developer of the leading homeownership platform for loan officers, borrowers, real estate agents and settlement agents, today announced that Founder Matt Hansen will pass the CEO baton to President Cathleen Schreiner Gates. Hansen remains heavily involved with the firm, where he will double down on customer focus leading a task […]

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News: LBA Ware welcomes former State Bank vice president Georgia Capalbo to client success team | CitizenWire

MACON, Ga. /CitizenWire/ — LBA Ware™, a leading provider of incentive compensation management (ICM) and business intelligence (BI) software solutions for the mortgage industry, announced it has tapped former State Bank vice president Georgia Capalbo as client success product liaison.

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News: Promontory MortgagePath Adds Industrial Bank, Optus Bank as First MDIs, CDFIs in Its Minority-Owned Financial Institution Initiative | CitizenWire

DANBURY, Conn. /CitizenWire/ — Promontory MortgagePath LLC, a leading provider of comprehensive digital mortgage fulfillment services, announced Industrial Bank and Optus Bank as the first participants in its initiative to support community development financial institutions (CDFIs) and minority depository institutions (MDIs).

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News: NotaryCam’s ‘Help a Hero’ Initiative Offers Free RON Services for Current, Retired Military Members over Memorial Day Weekend | CitizenWire

NEWPORT BEACH, Calif. /CitizenWire/ — NotaryCam®, a Stewart-owned company and a pioneering provider of remote online notarization and identity verification / authentication technology for real estate and legal transactions, today announced its semi-annual “Help a Hero” initiative will once again offer free remote online notarization (RON) sessions to United States veterans and current service members […]

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News: While More and More Tampa Bay-Based Organizations Focus On Mental Health and Wellness, GTE Financial Has Been On Board For Years | CitizenWire

TAMPA, Fla. /CitizenWire/ — GTE Financial recognizes Mental Health Awareness Month by celebrating the importance of access to mental health services. Mental Health has been an important topic for GTE Financial for several years and during the pandemic, this important initiative proved to be an essential benefit.

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News: Atlantic Bay Mortgage Group® Surpasses 10,000 Paperless eClosings with DocMagic’s Total eClose™ Solution | CitizenWire

TORRANCE, Calif. /CitizenWire/ — DocMagic, Inc., the premier provider of fully-compliant loan document preparation, automated regulatory compliance, and comprehensive eMortgage services, announced that Atlantic Bay Mortgage Group®, a national independent mortgage banker, has successfully processed more than 10,000 paperless eClosings.

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News: Top of Mind makes Surefire Creative content available as a standalone marketing resource for mortgage lenders | CitizenWire

ATLANTA, Ga. /CitizenWire/ — Top of Mind Networks (Top of Mind), a leader in customer relationship management (CRM) and marketing automation software for the mortgage lending industry, today announced the launch of Surefire Creative, an online library of award-winning marketing collateral designed to supplement mortgage lenders’ prospect, client and partner marketing programs.

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News: FormFree announces Former JPMorgan Chase Division CEO Kevin Watters joins its Board of Directors | CitizenWire

ATHENS, Ga. /CitizenWire/ — FormFree® today welcomed Kevin Watters to its board of directors. Watters is a payments, mortgage lending and business banking leader known for his ability to successfully and rapidly scale financial services businesses through operational and technology transformation.

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News: MCT Introduces BAM Marketplace, the First Truly Open Mortgage Loan Exchange | CitizenWire

SAN DIEGO, Calif. /CitizenWire/ — Mortgage Capital Trading, Inc. (MCT®), a leading mortgage hedge advisory and secondary marketing software firm, announced the public introduction of BAM Marketplace™. Originally launched to support existing MCT sellers during the 2020 pandemic liquidity crisis, BAM Marketplace now welcomes new buyers and sellers as the world’s first truly open loan […]

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News: After, Inc. publishes a ‘Risk Management 101’ guide that gives Warranty Leaders a first-hand look at this complex discipline | CitizenWire

NORWALK, Conn. /CitizenWire/ — After, Inc. a pioneer in the Warranty Services industry, has provided innovative warranty marketing, analytics, and program management solutions to top-tier manufacturing clients since 2005. In delivering program management solutions, After, Inc. found that few manufacturers understand Risk Management.

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News: ACES Quality Management Launches ACES CONNECT While Also Integrating 30 New Vendors to Its Core Platform | 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 launch of ACES CONNECT™, as well as the addition of 30 integrated vendor partners into ACES Quality Management & Control™ software as part of its spring product release.

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News: Sales Boomerang integration with Volly enables lightning-fast lead response for increased mortgage loan volume and customer retention | CitizenWire

WASHINGTON, D.C. /CitizenWire/ — Sales Boomerang, the industry’s top-rated automated borrower intelligence and retention system, today announced its integration with Volly, an industry-leading provider of SaaS-based fintech and creative marketing services to the financial services industry.

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News: SimpleNexus applauds Mortgage Bankers Association (MBA) for targeting federal Remote Online Notarization (RON) legislation as National Advocacy Conference priority | CitizenWire

LEHI, Utah /CitizenWire/ — SimpleNexus, developer of the leading homeownership platform for loan officers, borrowers, real estate agents and settlement agents, today praised the Mortgage Bankers Association (MBA) for naming federal Remote Online Notarization (RON) legislation as a core issue of its National Advocacy Conference.

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News: DocMagic to Give Away its Popular Bunny Slippers to Donors at Upcoming Los Angeles-Area Blood Drive | CitizenWire

TORRANCE, Calif. /CitizenWire/ — DocMagic, Inc., the premier provider of fully-compliant loan document preparation, automated regulatory compliance and comprehensive eMortgage services, announced that it will be offering its signature pink bunny slippers to each person that donates blood at an upcoming mobile blood drive on Sunday, May 16, in downtown Los Angeles.

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News: MCT’s Enhanced Best Execution (EBX) Technology Automates MSR Retain-Release Decisions | CitizenWire

SAN DIEGO, Calif. /CitizenWire/ — Mortgage Capital Trading®, Inc. (MCT), the leading mortgage hedge advisory and secondary marketing software firm, announced today their Enhanced Best-Execution (EBX) tool used for MSR retain-release decisions has now automated the function of pulling comprehensive data from MCTlive!® and MSRlive!®.

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News: Top of Mind launches ‘Retention Center’ to help loan originators foster customer loyalty | CitizenWire

ATLANTA, Ga. /CitizenWire/ — Top of Mind Networks (Top of Mind), a leader in customer relationship management (CRM) and marketing automation software for the mortgage lending industry, today announced it has launched the Surefire CRM Retention Center to help loan originators (LOs) foster loyalty among their clients.

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