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Tag Archives | Mortgage

News: Class Valuation verified by Fannie Mae and Freddie Mac to support new Uniform Property Data Report specification | CitizenWire

TROY, Mich. /CitizenWire/ — Class Valuation, a leading real estate appraisal management company (AMC), has been verified by Fannie Mae® and Freddie Mac (the government-sponsored enterprises, or GSEs) to support the Uniform Property Data Report (UPDR) specification under Uniform Property Dataset (UPD) Version 1.0. Use of the UPDR is mandatory for mortgages with applications received […]

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News: Optimal Blue report: Mortgage demand strengthens as purchase activity and pull-through rebound | CitizenWire

PLANO, Texas /CitizenWire/ — Optimal Blue today released its June 2026 Market Advantage mortgage data report, which found that mortgage activity strengthened month over month (MoM), with purchase lock volume climbing to its highest level since early spring and pull-through rates rebounding across both purchase and refinance pipelines. Total rate-lock volume rose 10% MoM and […]

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News: The Mortgage Collaborative launches TMC Healthcare Cooperative to give lender members and preferred partners control over rising healthcare costs | CitizenWire

SAN DIEGO, Calif. /CitizenWire/ — The Mortgage Collaborative (TMC), the nation’s largest independent cooperative network for mortgage lenders, has launched the TMC Healthcare Cooperative, a self-funded medical program open to all TMC lender members and preferred partners. Developed in partnership with CCIG, a Colorado-based employee benefits firm, the program gives vendors, community banks, credit unions […]

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News: LodeStar report shows nominal year-over-year decline in national average mortgage closing costs | CitizenWire

CONSHOHOCKEN, Pa. /CitizenWire/ — LodeStar Software Solutions (LodeStar), the leading provider of mortgage closing cost and fee data, today announced the release of its Year-Over-Year Mortgage Closing Cost Report covering 2024 versus 2025. The report analyzes distinct mortgage quotes across all 50 states and the District of Columbia (D.C.), drawn from the company’s closing cost […]

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News: Dovenmuehle names Ann Morey its head of product | CitizenWire

LAKE ZURICH, Ill. /CitizenWire/ — Dovenmuehle Mortgage, Inc. (DMI), a leading mortgage subservicing company, announced today that Ann Morey has been named Head of Product. In this role, Morey will lead DMI’s product management function, which includes establishing strategic product vision, driving outcome-oriented roadmaps that address stakeholder expectations, increasing internal cross-functional alignment and building agile, […]

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News: Click n’ Close names Merv Govender chief information officer | CitizenWire

ADDISON, Texas /CitizenWire/ — Click n’ Close, a multi-state mortgage lender, today announced the appointment of Merv Govender as chief information officer (CIO). Govender brings more than 27 years of technology leadership across the banking, gaming and healthcare industries. As CIO, he will lead Click n’ Close’s technology development and deployment strategy.

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News: iEmergent supports launch of CONVERGENCE Knowledge Hub with Market Profile Dashboard | CitizenWire

DES MOINES, Iowa /CitizenWire/ — iEmergent, a forecasting and advisory services firm for the financial services, mortgage and real estate industries, today announced its support of the newly launched CONVERGENCE® Knowledge Hub, a centralized resource designed to help lenders, nonprofit organizations, housing counselors, real estate professionals and community leaders expand access to sustainable homeownership.

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News: Dovenmuehle launches Diagnostic Process to streamline mortgage subservicing onboarding | CitizenWire

LAKE ZURICH, Ill. /CitizenWire/ — Dovenmuehle Mortgage, Inc. (DMI), a leading mortgage subservicing company, announced today that it is improving onboarding with its new Diagnostic Process. This approach helps DMI subservicing clients identify and evaluate organizational complexity, resource constraints and team readiness earlier in servicing transfer workflows. Early preparation using the Diagnostic Process improves servicing […]

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News: Friday Harbor expands AI pre-underwriting to condo and manufactured home loans | CitizenWire

SEATTLE, Wash. /CitizenWire/ — Friday Harbor, an AI pre-underwriting platform that helps loan officers assemble complete and compliant loan files in real time, today announced new capabilities for condominium and manufactured home loans that enable lenders to evaluate property-specific eligibility requirements before files reach underwriting.

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News: Friday Harbor announces integration with MeridianLink Mortgage | CitizenWire

SEATTLE, Wash. /CitizenWire/ — Friday Harbor, an AI pre-underwriting platform that helps loan officers assemble complete and compliant loan files in real time, today announced its integration with MeridianLink®. The integration equips origination teams using MeridianLink® Mortgage to build clean, complete and compliant loan files up front that move through underwriting with fewer touches.

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News: Optimal Blue report: Purchase market remains resilient as pull-through rates weaken | CitizenWire

PLANO, Texas /CitizenWire/ — Optimal Blue today released its May 2026 Market Advantage mortgage data report, which found that mortgage activity continued to cool as higher rates weighed on both purchase and refinance demand. Total rate-lock volume declined 9% month over month (MoM) but remained 7% higher year over year (YoY). Purchase activity continued to […]

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News: Melinda Harris of Down Payment Resource named a 2026 HW Marketing Leader | CitizenWire

ATLANTA, Ga. /CitizenWire/ — Down Payment Resource (DPR),the housing industry’s leading technology for connecting homebuyers with homeownership programs, today announced that Melinda Harris, vice president of marketing and communications, has been named a 2026 HW Marketing Leader by HousingWire. Each year, HousingWire’s HW Marketing Leaders program recognizes the executives shaping how housing finance companies communicate, […]

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News: Service 1st names Joy Ziminskas national sales director for the southeast region | CitizenWire

HAMMONTON, N.J. /CitizenWire/ — Service First Information Solutions, LLC (Service 1st), a leading provider of credit reporting and verification solutions for the mortgage industry, announced today the addition of Joy Ziminskas as national sales director for the Southeast region to lead revenue growth and expand relationships with lenders, banks and financial institutions across Texas, Florida […]

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News: The Mortgage Collaborative partners with TheZebra.com to deliver a seamless home insurance shopping experience for borrowers | CitizenWire

SAN DIEGO, Calif. /CitizenWire/ — The Mortgage Collaborative (TMC), the nation’s largest independent cooperative network for mortgage lenders, announced a strategic partnership with TheZebra.com, the easiest way to compare and buy insurance, that will give TMC’s lender members a direct way to connect borrowers with home insurance options at the point of mortgage origination.

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News: Down Payment Resource’s Kathy Gault named Women of Tech Award winner by Mortgage Women Magazine | CitizenWire

ATLANTA, Ga. /CitizenWire/ — Down Payment Resource (DPR), the housing industry’s leading technology for connecting homebuyers with homeownership programs, today announced that Kathy Gault, DPA Program Specialist, has been named a 2026 Women of Tech award winner by Mortgage Women Magazine, recognizing her impact on advancing mortgage technology and expanding access to affordable housing.

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News: Service 1st’s Lisa Binkley named Women of Mortgage Tech Award winner by Mortgage Women Magazine | CitizenWire

HAMMONTON, N.J. /CitizenWire/ — Service First Information Solutions, LLC (Service 1st), a leading provider of credit reporting and verification solutions for the mortgage industry, announced today that Lisa Binkley, Chief Operations Officer, has been named a Women of Mortgage Tech award winner by Mortgage Women Magazine for 2026. The award recognizes individuals shaping the future […]

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News: ACES Q4 and CY 2025 Mortgage QC Industry Trends Report shows critical defect rate falls to annual low | CitizenWire

DENVER, Colo. /CitizenWire/ — ACES Quality Management® (ACES), a 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 Q4 2025 and the full calendar year (CY) 2025. The report analyzes post-closing quality control data derived from the […]

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News: Service 1st names Lucas Jones senior vice president of operations | CitizenWire

HAMMONTON, N.J. /CitizenWire/ — Service First Information Solutions, LLC (Service 1st), a leading provider of credit reporting and verification solutions for the mortgage industry, announced today the appointment of Lucas Jones as Senior Vice President of Operations. In this role, Jones will lead operational strategy and execution, with a focus on driving efficiency, enhancing customer […]

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News: Friday Harbor becomes first mortgage technology provider to receive AI governance compliance attestation from Brody Gapp | CitizenWire

SEATTLE, Wash. /CitizenWire/ — Friday Harbor, an AI pre-underwriting platform that helps loan officers assemble complete and compliant loan files in real time, is the first mortgage technology provider to receive an AI governance compliance attestation from mortgage banking and financial services law firm Brody Gapp LLP.

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News: Click n’ Close expands Whole Loan Trading division with engagement of Christy Soukhamneut and Launch Point Advisory Group | CitizenWire

ADDISON, Texas /CitizenWire/ — Click n’ Close, a multi-state mortgage lender, announced strategic engagement of Christy Soukhamneut and Launch Point Advisory Group to support the expansion of its Whole Loan Trading division. The move is part of a broader initiative to grow Click n’ Close’s secondary market presence and offer whole loan trading opportunities across […]

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News: NewFed Mortgage leverages Friday Harbor to boost fulfillment productivity by 35% | CitizenWire

SEATTLE, Wash. /CitizenWire/ — NewFed Mortgage Corp., a full-service residential mortgage lender operating across more than 20 states, today announced the companywide rollout of Friday Harbor’s AI pre-underwriting platform following a successful pilot program that demonstrated measurable gains in fulfillment productivity and underwriting throughput. Since implementing Friday Harbor, NewFed processors handle 36% more files per […]

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News: The Mortgage Collaborative launches Mortgage AI Council to advance responsible AI adoption for community and mid-sized lenders | CitizenWire

SAN DIEGO, Calif. /CitizenWire/ — The Mortgage Collaborative (TMC), the nation’s largest independent cooperative network for mortgage lenders, announced the formation of the Mortgage AI Council, a standing committee under TMC’s lender member board of directors. The council will give community banks, credit unions and independent mortgage bankers the governance frameworks, peer intelligence and collective […]

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News: OptiFunder Connects LendingPad LOS to Genesis to Link Origination and Warehouse Funding | CitizenWire

ST. LOUIS, Mo. /CitizenWire/ — OptiFunder®, the mortgage industry leader in warehouse management automation, announced a new integration with LendingPad, the award-winning, cloud-native loan origination system. The integration brings LendingPad and Genesis by OptiFunder together, creating a direct connection between loan origination and warehouse funding operations.

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News: Vesta Partners with OptiFunder to Bring Loan Origination and Warehouse Funding Together | CitizenWire

ST. LOUIS, Mo. /CitizenWire/ — OptiFunder, the mortgage industry pioneer in warehouse management automation, has partnered with Vesta, the AI-native loan origination system and agent platform, to connect loan origination and warehouse funding workflows. The integration links origination, funding, and sale to the capital markets, eliminating fragmented systems and manual handoffs that have historically slowed […]

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News: Optimal Blue report: Purchase demand holds firm as April lock activity cools | CitizenWire

PLANO, Texas /CitizenWire/ — Optimal Blue today released its April 2026 Market Advantage mortgage data report, which found that mortgage lock activity pulled back after a strong first quarter. Total rate-lock volume declined 9% month over month (MoM) but remained 11% higher year over year (YoY). Purchase lock volume declined just under 2% from March […]

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News: FirstClose introduces SmartDocs disclosure automation through its point-of-sale platform | CitizenWire

AUSTIN, Texas /CitizenWire/ — FirstClose, a leading fintech provider of data and workflow solutions for mortgage and home equity lenders nationwide, today announced SmartDocs, a new disclosure intelligence capability available through its XpressEquity point-of-sale platform. SmartDocs functions as the intelligence layer that determines when disclosure obligations begin and initiates the appropriate workflow based on lender-configured […]

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News: MISMO awards eVault System Certification to DocMagic’s SmartSAFE eVaults | CitizenWire

TORRANCE, Calif. /CitizenWire/ — DocMagic, Inc. (DocMagic®) announced today that it has received two new certifications from MISMO®, the Mortgage Industry Standards Maintenance Organization. MISMO’s eVault System Certification covers SmartSAFE®, DocMagic’s core eVault for managing eNote workflows and MERS® eRegistry activity, and SmartSAFE XL™, an API-first eVault designed for enterprise environments that require flexible deployments […]

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News: Vice Capital Markets introduces agency market-based interest rate benchmark designed to expand insight into mortgage pricing | CitizenWire

NOVI, Mich. /CitizenWire/ — Vice Capital Markets, a leading mortgage hedge advisory firm for independent lenders, banks and credit unions, today announced the public release of the Vice Capital Par Note Rate, a proprietary daily mortgage rate benchmark designed to provide a distinct, market-based view of mortgage pricing. Available via an online tracker, the benchmark […]

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News: iEmergent releases 2025 HMDA insights: volume rebounds, but the mortgage market grows more concentrated | CitizenWire

DES MOINES, Iowa /CitizenWire/ — iEmergent, a forecasting and advisory services firm for the financial services, mortgage and real estate industries, has released its analysis of 2025 Home Mortgage Disclosure Act (HMDA) data in Mortgage MarketSmart. Presented by iEmergent CEO Laird Nossuli, the findings point to a market that is regaining momentum after a prolonged […]

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News: U.S. homebuyer assistance programs increase in Q1 2026 as identified by housing industry authority Down Payment Resource | CitizenWire

ATLANTA, Ga. /CitizenWire/ — Down Payment Resource (DPR), the housing industry authority on homeownership program data and solutions, today released its Q1 2026 Homeownership Program Index (HPI) report, identifying 2,679 programs nationwide. This represents a 2% increase from the previous quarter (2,619 programs), reflecting continued expansion of resources designed to improve affordability and access to […]

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News: Class Valuation launches CVUE to shift appraisal repurchase risk from lenders and reduce underwriting workload | CitizenWire

TROY, Mich. /CitizenWire/ — Class Valuation, a leading real estate appraisal management company (AMC), today announced the official launch of Class Valuation Underwriting Engine (CVUE), an underwriting and appraisal assurance program designed to reduce lender risk, lower operational costs and accelerate loan closings.

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News: TMC to host act Tech Summit, an affordable, high-value event for evaluating mortgage technology | CitizenWire

SAN DIEGO, Calif. /CitizenWire/ — The Mortgage Collaborative (TMC), the nation’s largest independent cooperative network for mortgage lenders, will host its act Tech Summit on Aug. 12-13, bringing together mortgage industry leaders, technology providers and decision-makers for an affordable, high-value opportunity to evaluate technology partners and solutions in a single setting. The event will be […]

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News: Dark Matter Technologies names Vikas Rao CEO to lead next chapter of growth | CitizenWire

JACKSONVILLE, Fla. /CitizenWire/ — Dark Matter Technologies (Dark Matter®), an innovative leader in mortgage technology, today announced the appointment of Vikas Rao as chief executive officer. Rao, who has served as chief technology officer since 2025, succeeds Sean Dugan and will lead the company’s next phase with a focus on translating its technology leadership into […]

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News: Class Valuation expands New York presence with acquisition of Lauritano Appraisal Services | CitizenWire

TROY, Mich. /CitizenWire/ — Class Valuation, a leading real estate appraisal management company (AMC), announced today that it has acquired Lauritano Appraisal Services (LAS), a highly respected New York-based residential appraisal firm with more than 30 years of experience delivering high-quality valuation services.

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News: Optimal Blue report: Purchase demand lifts mortgage lock activity as rates rise | CitizenWire

PLANO, Texas /CitizenWire/ — Optimal Blue today released its March 2026 Market Advantage mortgage data report, reflecting resilient mortgage activity as purchase demand strengthened despite higher rates. Total rate-lock volume rose 13% month over month (MoM) and 26% year over year (YoY). Purchase activity led the month, with purchase lock volume up 38% from February […]

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News: The Mortgage Collaborative expands national conference presence, invites lenders to connect during spring events | CitizenWire

SAN DIEGO, Calif. /CitizenWire/ — The Mortgage Collaborative (TMC), the nation’s largest independent cooperative network for mortgage lenders, will engage with members and industry partners across a series of key mortgage conferences and events nationwide throughout the second quarter.

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News: Vice Capital Markets Announces Support for New Fannie Mae Specified-Cash Payup Commitment Grids | CitizenWire

NOVI, Mich. /CitizenWire/ — Vice Capital Markets, a leading mortgage hedge advisory firm for independent lenders, banks and credit unions, announced today that it now supports new 30-year fixed-rate specified-cash payup commitment grids from Fannie Mae, which became effective April 9, 2026.

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News: Click n’ Close names Delores Lopez as chief operating officer | CitizenWire

ADDISON, Texas /CitizenWire/ — Click n’ Close, a multi-state mortgage lender, today announced the appointment of Delores Lopez as chief operating officer, effective April 6. In this role, Lopez will lead operations, drive scalable growth initiatives and implement operational strategy across the organization, reporting to Ian Kimball, president.

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News: Vice Capital Markets Now Supports New Freddie Mac Cash-Specified Payup Types for 30-Year Fixed-Rate Mortgages | CitizenWire

NOVI, Mich. /CitizenWire/ — Vice Capital Markets, a leading mortgage hedge advisory firm for independent lenders, banks and credit unions, announced today that two new Freddie Mac Cash-Specified Payup Types (CSPTs) for 30-year fixed-rate mortgages are now available through Vice Capital for both mandatory and best-efforts executions. The new payup types became effective in production […]

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