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Home equity lenders report an average per-loan impact of $753.04 from execution improvements
AUSTIN, Texas — FirstClose™, a leading fintech provider of data and workflow solutions for home equity and mortgage lenders nationwide, today released the results of an independent study by MarketWise Advisors, LLC, examining the value of improvements in operational readiness and execution for home equity lenders. Participating lenders reported an average financial and operational impact of $753.04 per loan, a 7.99x return, across the core and extended capabilities MarketWise modeled….
Down Payment Resource adds three new team members to support lenders, HFAs and community programs
ATLANTA, Ga. — Down Payment Resource (DPR), the housing industry’s leading affordability intelligence platform, today announced three additions to its team: Melissa Roy as a partner solutions engineer, April Espinosa as a down payment assistance programs specialist and Jeff Smith as a housing finance agency (HFA) relationship manager….
Analysis: Neighborhood income data understates mortgage access gaps
DES MOINES, Iowa — New analysis from iEmergent, a forecasting and advisory services firm for the financial services, mortgage and real estate industries, finds that mortgage access gaps for low-income households are substantially wider than neighborhood-level data suggests. The analysis draws on the last five years of Home Mortgage Disclosure Act (HMDA) data….
Service 1st marks 100 years in business, extends beyond mortgage lending
HAMMONTON, N.J. — Service First Information Solutions LLC (Service 1st), a leading provider of credit reporting and verification solutions for the mortgage and other industries, is celebrating 100 years in business. Over the past century, Service 1st has expanded well beyond its roots in mortgage credit reporting….
PROGRESS in Lending honors ACES Quality Management’s AI advancements with 2026 AI Pioneer Award
DENVER, Colo. — ACES Quality Management® (ACES), the leading provider of enterprise quality management and control software for the financial services industry, announced today that it has been named one of the AI Pioneer Award winners by PROGRESS in Lending. Honorees include 14 financial technology companies whose AI work spans the loan lifecycle from origination through servicing….
37.5-percent Growth in $100M New Industrial Planned Projects MoM for September 2026
JACKSONVILLE, Fla. — Industrial SalesLeads announced today the September 2026 results for the new planned capital project spending report for the Industrial Manufacturing industry. The Firm tracks North American planned industrial capital project activity, including facility expansions, new plant construction and significant equipment modernization projects. Research confirms 156 new projects in the Industrial Manufacturing sector….
California Safe Schools Launches Diesel Idling Education and Reporting Campaign
LOS ANGELES, Calif. — California Safe Schools (CSS), in partnership with the California Air Resources Board (CARB), has launched a statewide public-education campaign to help Californians recognize unnecessary diesel idling, understand California’s idling requirements, and report suspected violations near schools, homes, childcare facilities, hospitals, senior facilities, and other sensitive locations….
FocusOne Strengthens Digital Mortgage Capabilities with LenderLogix LiteSpeed
BUFFALO, N.Y. — LenderLogix, a provider of mortgage point-of-sale and automation software, today announced that FocusOne, a Credit Union Service Organization (CUSO), has implemented its LiteSpeed point-of-sale platform as part of its continued investment in technology designed to help credit union partners deliver a modern, streamlined mortgage experience to their members….
June Point Lending launches DSCR loans in California
NEW YORK, N.Y. — June Point Lending Inc. (June Point Lending), a tech-forward wholesale non-QM lender, announced today it is offering debt service coverage ratio (DSCR) loans in California, its 19th state for DSCR lending and one of the country’s largest broker markets….
Floify names mortgage technology leader Bryan Traeger as general manager
BOULDER, Colo. — Floify, the mortgage industry’s leading point-of-sale (POS) solution, has selected Bryan Traeger as its new general manager. Traeger will lead Floify’s next phase of growth with a focus on expanding the company’s use of AI and push the boundaries of the borrower and lender experience. Traeger officially assumes the GM role on October 12 and will be at MBA Annual in Chicago, October 12-14, booth 600….