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Tag Archives | Mortgage

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 […]

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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.

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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.

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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 […]

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News: Mortgage industry webcast The Big Picture spotlights Council of FHLBanks CEO Ryan Donovan as January 16 guest | CitizenWire

CLEVELAND, Ohio /CitizenWire/ — Top mortgage industry webcast The Big Picture, hosted by Rich Swerbinsky and Rob Chrisman and broadcast live every Thursday at 3 p.m. ET, next week features Ryan Donovan, president and chief executive officer of the Council of Federal Home Loan Banks, a trade association representing the positions and views of the […]

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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 […]

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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.

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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 […]

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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 […]

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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 […]

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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).

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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.

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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 […]

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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 […]

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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 […]

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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.

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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 […]

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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.

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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 […]

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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 […]

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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.

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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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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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.

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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 […]

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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 […]

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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.

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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 […]

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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 […]

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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.

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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.

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