DepthPR
FormFree unveils NextGen at Digital Mortgage conference in Las Vegas
LAS VEGAS, Nev. — FormFree(R) today announced the release of NextGen, a new platform that builds on the company’s award-winning AccountChek(R) service. Unveiled from the main stage of Digital Mortgage 2018 in Las Vegas, NextGen increases the precision and ease with which lenders determine their borrowers’ ability to pay loans….
TRK Connection Upgrades Mortgage QC Loan Sampling Functionality within Insight RDM, Adds Predictive Loan Quality Analytics
SALT LAKE CITY, Utah — TRK Connection, a leading provider of mortgage quality control (QC) and origination management solutions, announced it has enhanced the loan sampling functionality and added predictive analytics to its Insight Risk & Defect Management (RDM) mortgage QC audit platform….
Cloudvirga announces live from the Digital Mortgage conference stage its Mobile POS product
LAS VEGAS, Nev. — Cloudvirga(TM), a leading provider of digital mortgage software, today announced its Cloudvirga Mobile POS, a mobile-first mortgage point-of-sale solution tuned to serve the needs of loan originators and homebuyers in a purchase mortgage market….
SafeChain to Integrate ALTA Registry into Its Real Estate Wire Fraud Prevention Platform SafeWire
COLUMBUS, Ohio — SafeChain, the industry leader in wire fraud prevention software for land title, announced today that it will integrate the national ALTA Registry into its real estate wire fraud prevention platform SafeWire. Through the integration, mortgage lenders will be able to search the Registry and verify the identity of title insurance agents and settlement companies, providing an enhanced level of efficiency and security to the real estate transaction….
SafeChain Honored as 2018 Seed Stage Company of the Year at VentureOhio Awards
COLUMBUS, Ohio — SafeChain, the industry leader in wire fraud prevention software for land title, announced today that it was named 2018 Seed Stage Company of the Year by VentureOhio….
On Q Financial Selects LBA Ware’s CompenSafe to Improve Accuracy and Efficiency of Mortgage Loan Originator Commission Calculations
MACON, Ga. — LBA Ware(TM), a leading provider of automated compensation software and systems integration solutions for mortgage lenders, today announced that Arizona-based On Q Financial has selected CompenSafe(TM) to manage the numerous compensation plans created for its team of loan originators (LOs) nationwide….
MQMR: Mortgage Industry Margin Compression Calls for Fixed-Cost Approach to Compliance Support
LOS ANGELES, Calif. — Mortgage Quality Management and Research, LLC (MQMR) President Michael Steer today advised lenders to adopt a fixed-cost approach to compliance support in the face of margin compression and declining per-loan profits. By investing in a fixed-cost solution for compliance, lenders can better manage their monthly expenses while ensuring they remain compliant, thus avoiding potential financial penalties associated with non-compliance….
MorVest Capital Offering $1.8B in GNMA Mortgage Servicing Rights
SUGAR LAND, Texas — MorVest Capital, an industry leader in liquidity and balance sheet advisory services, is the exclusive agent for a $1.8 billion GNMA bulk mortgage servicing portfolio. The seller is an independent mortgage banker providing full reps and warrants. Portfolio characteristics include a 3.45 percent weighted average interest rate,…
Strategic Benefits Advisors Adds Lesley Posey to Its Benefits Consulting Team
ATLANTA, Ga. — Independent, full-service employee benefits consulting firm Strategic Benefits Advisors (SBA) today announced the appointment of Lesley Posey to the position of benefits consultant. In this role, Posey will provide pension and retiree medical plan sponsors with a full array of actuarial and strategic advisory services, including administration services for defined benefit plans….
American Financial Network Deploys Cloudvirga Digital Mortgage Technology Nationwide
IRVINE, Calif. — Cloudvirga(TM), a leading provider of digital mortgage software, today announced the deployment of its Cloudvirga Enterprise POS to all 100 branch locations of American Financial Network (AFN), a privately held mortgage company that employs over 750 loan officers and serves tens of thousands of customers nationwide….