DepthPR
More than Half of Mortgage Loan Applicants Now Opting to Apply Using Their Mobile Device
LEHI, Utah — SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today released data indicating that, given the choice, a majority of borrowers now prefer a mobile-driven mortgage loan application process. Mobile applications accounted for more than 50% of the 37,157 mortgage applications submitted through the SimpleNexus platform in the month of May….
MQMR Bolsters Executive Team with Addition of Mortgage Industry Veteran Stephen Sherman as COO
LOS ANGELES, Calif. — Mortgage Quality Management and Research, LLC (MQMR) announced today that seasoned mortgage and real estate professional Stephen Sherman has joined the firm as Chief Operating Officer. Sherman brings more than 30 years of experience in mortgage servicing, secondary marketing, warehouse lending, commercial real estate sales, corporate consulting and REO management services to his new role at MQMR, where he will be responsible for overseeing MQMR’s day-to-day operations and managing the firm’s long-term growth strategy….
NotaryCam Applauds Texas for Eliminating Roadblock to Recording Remotely Notarized Real Estate Transactions
NEWPORT BEACH, Calif. — NotaryCam(R) Founder and CEO Rick Triola today praised the Texas legislature for passing SB 2128, which will go into effect on September 1. The bill provides recording jurisdictions with additional clarity when conducting paper recordings of electronically executed documents….
Appraisal Institute (AI) forms affinity partnership with Anow to equip members with top-shelf appraisal office management technology
RED DEER, Alberta — Anow, developer of appraisal firm management software that simplifies the way real estate appraisers manage their businesses, has formed an affinity partnership with the Appraisal Institute (AI), the largest real estate appraisal organization in the United States. The partnership makes Anow’s core appraisal office management platform available to AI members (“AI Professionals”) and affiliates at a reduced rate….
SimpleNexus Partners with Informative Research to Expand Credit Integration Options for Its Mortgage Lender Customers
LEHI, Utah — SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced an integration with Informative Research, a Tier-1 CRA and fintech leader in delivering a range of origination solutions for the mortgage industry….
New API Enables Real-Time Data Transfers Between SimpleNexus, Mortgage Lenders and Third-Party Systems
LEHI, Utah — SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced the availability of an application program interface (API) and webhooks that enable mortgage lenders to establish real-time data syncing between SimpleNexus and non-integrated third-party systems….
CMG Financial Accelerates Loan Originator Compensation and Delivers Loan-Level Insights to Management with LBA Ware’s CompenSafe
MACON, Ga. — LBA Ware(TM), provider of the leading automated incentive compensation and sales performance management platform for mortgage lenders, has partnered with CMG Financial to streamline incentive compensation for the lender’s more than 500 loan originators (LOs) and other commission- and bonus-based employees….
ReverseVision Taps Sunny Mahdii as Vice President of Operations
SAN DIEGO, Calif. — ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced it has appointed Sunny Mahdii to the position of vice president of operations. In this role, Mahdii will work with ReverseVision’s professional services, training, implementation, document management and customer success teams to execute a holistic operations strategy….
Anow Enterprise lets lenders and appraisal firms tap into the industry’s first peer-to-peer appraiser network
RED DEER, Alberta — Anow, developer of appraisal firm management software that simplifies the way real estate appraisers manage their businesses, today announced the release of Anow Enterprise, a cloud software suite that connects individual appraisal companies to form service networks that can efficiently provide localized service at scale….
Level One Bank Enlists CompenSafe to Automate Incentive Compensation After Doubling Its Mortgage Division
MACON, Ga. — LBA Ware(TM), provider of the leading automated incentive compensation and sales performance management platform for mortgage lenders, announced today that Level One Bank (NASDAQ: LEVL) has chosen CompenSafe(TM) to automate incentive compensation for mortgage loan originators and support staff across the community bank’s mortgage loan center and branch locations…