Business, Free News Articles, Software

Promontory MortgagePath promotes Kevin Wheeler to managing director

DANBURY, Conn. -- Promontory MortgagePath LLC, a leading provider of comprehensive digital mortgage and fulfillment solutions, announced today it has promoted Kevin Wheeler to managing director of product and engineering. Wheeler previously held the position of director of backend engineering at Promontory MortgagePath.

"Kevin's initiative and drive to consistently evolve process and back-office functions in addition to the customer experience have made him an asset at Promontory MortgagePath since day one," said Dean McCall, chief information officer at Promontory MortgagePath. "From constantly improving the back-end efficiencies of Promontory MortgagePath's tech stack to building the framework needed for new product launches and government-required changes, Kevin's work positively impacts our clients each and every day. This promotion is both well-deserved and a direct result of Kevin's hard work and passion for Promontory MortgagePath's mission to help community banks expand homeownership opportunities."

In his time at Promontory MortgagePath, Wheeler has been a driving force in engineering the technologies supporting Promontory MortgagePath's digital mortgage and fulfillment solutions. One example of this support has been Wheeler's work on Borrower Wallet(r), Promontory MortgagePath's proprietary point-of-sale technology. Borrower Wallet is redefining the lending experience by offering functionality specifically designed to improve efficiency and create a superior user experience for community bank customers. Wheeler works tirelessly behind the scenes to ensure the backend of Promontory MortgagePath's technology operations is running smoothly and efficiently.

"The talented team at Promontory MortgagePath is among the best with which I've worked," Wheeler said. "I am enthusiastic about what the future holds and welcome the opportunity to play a more prominent role in continuing the company's advancement in the community lending space."

About Promontory MortgagePath LLC | NMLS ID 1532373

Promontory MortgagePath is a fast-growing team of passionate problem solvers on a mission to fundamentally change the way lenders approach their mortgage business. The company combines an intuitive, collaborative digital mortgage platform with modern, comprehensive fulfillment services, giving lenders the progressive technology and scalability required to profitably compete in today's rapidly changing residential mortgage market. Promontory MortgagePath's founder, former U.S. Comptroller of the Currency Gene Ludwig, is widely recognized as a visionary thinker on the critical issues confronting financial services, and his companies are renowned for helping community lenders resolve their most pressing challenges. To learn more, visit https://www.mortgagepath.com.

Related link: https://www.mortgagepath.com/

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Awards and Honors, Business, Free News Articles

Digital Mortgage Platform Maxwell Ranks #154 on 2021 Inc. 5000 List

DENVER, Colo. -- Inc. magazine today revealed that Maxwell ranks in the top 3% of its annual Inc. 5000 list of fastest-growing private companies at number 154. Maxwell was also named the 15th fastest-growing software company in the country. The prestigious Inc. 5000 list takes a unique look at the most successful companies within the American economy's most dynamic segment-its independent small businesses. Intuit, Zappos, Under Armour, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.

Maxwell uses technology to streamline and accelerate the mortgage process for lenders serving America's communities and their borrowers. Its AI automation, built on aggregated loan data from its network and real-time data insights, offloads manual tasks for lending teams, helping them focus on high-value work. To date, Maxwell has facilitated over $130 billion in loan volume, closing loans on its platform 45% faster than the national average.

In the past few years, Maxwell has scaled from a point of sale to an increasingly all-inclusive solution for small to midsize lenders. As a part of that journey, Maxwell released its Fulfillment Platform, a benefit for customers that offers tech-enabled onshore processing, underwriting, and closing talent, in May of 2020. Most recently, the company introduced Maxwell Diligence, providing quality control and due diligence solutions. As Maxwell's product offerings expanded and customer demand skyrocketed, the Maxwell employee base grew by more than 14x over the last three years.

"We're thrilled and honored to be included on the 2021 Inc. 5000 list. Our team has worked tirelessly over recent years to add value to lenders serving communities across the country," said Maxwell co-founder and CEO John Paasonen. "No one could have predicted the unique market in 2020. In last year's rapidly changing mortgage market, we were able to deliver products and solutions that helped lenders support their borrowers through an unprecedented time."

Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000. The top 500 companies are featured in the September issue of Inc., which will be available on newsstands on August 20.

About Maxwell

Maxwell empowers mortgage lenders to enhance borrower experience, increase efficiency, and improve their economics by intelligently automating workflow through its digital platform and technology-powered solutions. Hundreds of mortgage lenders, banks, and credit unions nationwide use the Maxwell platform to serve thousands of homebuyers every day. Founded in 2015, Maxwell is a member of the Mortgage Bankers Association and is proud to be built in Denver, Colorado. Learn more at: https://himaxwell.com/.

Related link: https://himaxwell.com/

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Awards and Honors, Business, Free News Articles, Software

Leading Digital Mortgage Platform Maxwell Named a 2021 Best Place to Work by Denver Business Journal

DENVER, Colo. -- Maxwell, a leading digital mortgage and fulfillment platform for small to midsize lenders, just announced it was named a 2021 Best Place to Work by Denver Business Journal. The company ranked sixth in the medium-sized category.

"At Maxwell, we've worked really hard to intentionally build our team culture. We put our company values at the forefront of everything we do, whether hiring or making business decisions," said Christie Grix, Maxwell's VP of People.

"Over the last year, we've grown by over 200 employees across the United States. We added the vast majority of those new team members while in a remote setting. This award is so meaningful because it shows the work we're putting into building and maintaining our culture through rapid growth and pandemic-related challenges is paying off."

Denver Business Journal Best Places to Work recognizes workplaces across various industries for their commitment to creating and maintaining a thriving, engaged culture. This year's winners showed additional dedication to keeping employees connected despite work-from-home settings and 2020's unique demands.

To select winners, Denver Business Journal partnered with Quantum Workplace to conduct an employee engagement survey measuring 10 key engagement categories. Those criteria included team effectiveness, trust in senior leaders, feeling valued, manager effectiveness, compensation, and benefits. Based on those results, Denver Business Journal chose 65 winners across the Denver metropolitan area.

Click here to view Denver Business Journal's full list of 2021 Best Places to Work: https://www.bizjournals.com/denver/news/2021/05/06/dbj-2021-best-places-to-work-extra-large-giant.html

To view job openings at Maxwell, click here: https://www.himaxwell.com/careers

To learn about Maxwell's comprehensive features for community lenders, including point-of-sale and fulfillment solutions, visit https://himaxwell.com/.

About Maxwell

Maxwell empowers mortgage lenders to enhance borrower experience, increase efficiency, and improve their economics by intelligently automating workflow through its digital platform and technology-powered services. Hundreds of mortgage lenders, banks, and credit unions nationwide use the Maxwell platform to serve thousands of homebuyers every day. Founded in 2015, Maxwell is a member of the Mortgage Bankers Association and is proud to be built in Denver, Colorado. Since 2017, it has been named one of the most innovative companies in real estate by HousingWire Magazine. Learn more: https://himaxwell.com/features.

Related link: https://himaxwell.com/

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Business, Free News Articles, Software

Oklahoma Bankers Association Endorses Promontory MortgagePath’s Mortgage Fulfillment Services and POS Technology

DANBURY, Conn. -- Promontory MortgagePath LLC, a leading provider of comprehensive digital mortgage and fulfillment solutions, announced today the Oklahoma Bankers Association (OBA) has officially endorsed its mortgage fulfillment services and proprietary point-of-sale technology Borrower Wallet®.

OBA recognized Promontory MortgagePath's mortgage technology and end-to-end fulfillment services for their ability to help its members reduce mortgage origination expenses while allowing them to retain a full mortgage product suite. By shifting fixed mortgage-operations costs to a variable cost model through Promontory MortgagePath, community banks can augment their staffing needs to match the ebb and flow of the mortgage market.

"OBA's mission is to ensure Oklahoma's robust banking community possesses the tools it needs to support its communities and few support a community like increased homeownership," said OBA President and CEO Adrian Beverage. "Promontory MortgagePath's mortgage technology and fulfillment services will deepen our community banks' capacities to serve their communities while also providing stability and longevity through increased access to homeownership."

Founded by former U.S. Comptroller of Currency Gene Ludwig, Promontory MortgagePath began with a commitment to empower community banks to participate profitably in mortgage lending. By offering mortgage technology and end-to-end fulfillment services, Promontory MortgagePath helps community banks build franchise value and expand relationships with their customers while establishing mortgage businesses that can withstand all market conditions. Although Promontory MortgagePath provides both the technology - including a POS and LOS - and back-office operational support, such as processors, underwriters and closers, community banks require to profitably grow their businesses, all loans are issued in the bank's name, and the bank retains control over the product mix and pricing, ensuring mortgage operations remain in line with the bank's overall risk appetite and growth plans.

"Our solution amplifies a core strength of community banks - outstanding customer service - by adding a digital platform and comprehensive fulfillment services," said Paul Katz, managing director and head of bank relations at Promontory MortgagePath. "We're excited to partner with OBA to bring a profitable, efficient, and compliant mortgage solution to its member banks."

About Oklahoma Bankers Association

For more than 100 years, Oklahoma banks have relied upon the Oklahoma Bankers Association to address their changing needs and challenges. Today, OBA serves approximately 200 member banks located statewide. Based in Oklahoma City, the OBA assists its members with government relations, educational programs, legal and compliance services, communications, insurance products and numerous products and services. The OBA works with banks to ensure they have the tools they need to support their communities and provides fraud training programs to banks at no charge, as well as financial literacy programs to communities across the state and so much more. The OBA owns two subsidiaries - the OBA Services Company and the OBA Insurance Agency, which specialize in products and services for the banking industry. While the OBA offers a wide variety of services and benefits to its members, it's efforts can be summed up in four simple words: We Make Bankers Better! For more information, visit https://www.oba.com.

About Promontory MortgagePath LLC | NMLS ID 1532373

Promontory MortgagePath is a fast-growing team of passionate problem solvers on a mission to fundamentally change the way lenders approach their mortgage business. The company combines an intuitive, collaborative digital mortgage platform with modern, comprehensive fulfillment services, giving lenders the progressive technology and scalability required to profitably compete in today's rapidly changing residential mortgage market. Promontory MortgagePath's founder, former U.S. Comptroller of the Currency Gene Ludwig, is widely recognized as a visionary thinker on the critical issues confronting financial services, and his companies are renowned for helping community lenders resolve their most pressing challenges. To learn more, visit https://www.mortgagepath.com.

Related link: https://www.mortgagepath.com/

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Business, Free News Articles, Product Launches, Software

Maxwell Announces Launch of MaxDiligence, a Tech-Powered Due Diligence and Quality Control Service for Lenders

DENVER, Colo. -- Today, leading digital mortgage platform Maxwell released MaxDiligence, a new offering that provides Due Diligence and Quality Control services for its clients. The latest feature in Maxwell's suite of tools designed for community lenders, MaxDiligence is a new scalable way to gain efficiency and generate reliable results. This service uses tech-powered features alongside an experienced team of industry veterans to save lenders time and money across a wide array of asset types.

Through MaxDiligence, Maxwell can create a custom experience for any transaction type increasing efficiency, minimizing risk, and improving performance. Beyond tech-enabled features that ensure adherence to agency and government guidelines, MaxDiligence also benefits from deep industry expertise. Lenders using the service gain access to Maxwell's staff of seasoned underwriting professionals with a diverse background of loan experience.

MaxDiligence is an important addition to Maxwell's growing set of offerings that help community lenders to gain productivity throughout the lending process. Maxwell's Point of Sale technology recently surpassed $6 billion in monthly loan volume, and our Fulfillment Platform, providing onshore outsourced processing, underwriting, and closing services provides superior operational leverage for lenders. Today, the Maxwell Fulfillment Platform is one of the country's top onshore fulfillment providers. By applying technology learnings from its other features to Due Diligence and QC services, Maxwell is able to offer a more transparent, efficient, and faster process.

"The launch of MaxDiligence is a significant step towards an all-inclusive solution for our clients," said Maxwell President Brian Simons. "Maxwell continues to grow beyond a point-of-sale solutions provider, anticipating and solving the daily challenges community lenders face in the market today. Community lenders have historically been underserved in these offerings, and more recently, lenders both large and small are feeling the pressure with large backlogs in diligence services. MaxDiligence, will provide a significant value, using automation to help our clients focus on streamlining their process."

The MaxDiligence service is spearheaded by some of the industry's most tenured leadership. Sadie Gurley, a veteran with over 25 years of experience managing residential mortgage platforms and a recent addition to Maxwell, will help to head up the new offering. Alongside her is Kyle Waltz, a digital risk expert joining Maxwell from SourcePoint. Together, the MaxDiligence leadership team holds over 75 years of mortgage operational experience.

Learn more: https://himaxwell.com/maxdiligence

About Maxwell

Maxwell empowers mortgage lenders to enhance borrower experience, increase efficiency, and improve their economics by intelligently automating workflow through its digital platform and technology-powered services. Hundreds of mortgage lenders, banks, and credit unions nationwide use the Maxwell platform to serve thousands of homebuyers every day. Founded in 2015, Maxwell is a member of the Mortgage Bankers Association and is proud to be built in Denver, Colorado. Since 2017, it has been named one of the most innovative companies in real estate by HousingWire Magazine.

Learn more: https://himaxwell.com/

Related link: https://himaxwell.com/

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Business, Free News Articles, Software

Digital Mortgage Platform Maxwell Adds Industry Veteran Sadie Gurley to its Leadership Team

DENVER, Colo. -- Leading digital mortgage platform Maxwell just announced the addition of Sadie Gurley as Vice President to its leadership team. Sadie holds over 25 years of experience in the mortgage industry, most specifically in due diligence and quality control services. Her role at Maxwell will help the company find new opportunities and expand its impact on community lenders across the country.

As Maxwell grows beyond a point-of-sale service, it aims to expand its leadership with strategic, highly experienced hires. Sadie is an integral step towards further enhancing Maxwell's current services and spearheading new technology that can save time and money in the loan manufacturing process. Because she deeply understands the challenges lending teams face, Sadie is uniquely equipped to identify new avenues that could benefit the more than 250 community lenders who use Maxwell today.

Sadie comes to Maxwell from Digital Risk, where she headed up diligence services. Previously, she served as VP of Mortgage Bond Trading at Goldman Sachs for over 10 years. Sadie holds a B.A. in Economics from Washington State University and an MBA from New York University's Stern School of Business.

The addition of Sadie comes at a pivotal time of growth for Maxwell. In May of 2020, the company launched its Fulfillment Platform, providing onshore outsourced processing, underwriting, and closing services to help lenders save money and flex with changing market volume. Since its launch, the Maxwell Fulfillment Platform has grown to be a top-three onshore outsourced fulfillment provider in the nation. Meanwhile, Maxwell's digital mortgage platform has reached over $6 billion in monthly loan volume.

"By welcoming Sadie to the team, Maxwell continues on its journey of innovating game-changing solutions designed for community lenders," said Brian Simons, Maxwell President. "Community lenders represent a market historically underserved by service providers. Sadie, with her robust industry knowledge and experience, is ideally suited to help our growing leadership team expand the tools and features we offer to help these lenders compete against the industry's largest players."

About Maxwell

Maxwell empowers mortgage lenders to enhance borrower experience, increase efficiency, and improve their economics by intelligently automating workflow through its digital platform and technology-powered services. Hundreds of mortgage lenders, banks, and credit unions nationwide use the Maxwell platform to serve thousands of homebuyers every day. Founded in 2015, Maxwell is a member of the Mortgage Bankers Association and is proud to be built in Denver, Colorado. Since 2017, it has been named one of the most innovative companies in real estate by HousingWire Magazine. Learn more: https://himaxwell.com/

Related link: https://himaxwell.com/

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Business, Free News Articles

Oregon Bankers Association Subsidiary Endorses Promontory MortgagePath’s Mortgage Fulfillment Services, Digital Mortgage Platform

DANBURY, Conn. -- Promontory MortgagePath LLC, a leading provider of comprehensive digital mortgage fulfillment services, announced today Synergy by Association, Inc., a wholly-owned subsidiary of the Oregon Bankers Association (OBA) has officially endorsed its mortgage fulfillment services and proprietary point-of-sale technology Borrower Wallet®.

"We are so pleased to promote the Promontory MortgagePath solution to banks in Oregon," said OBA President and CEO Linda Navarro. "Offering home loans is a challenge for many community banks given costs and compliance requirements. Our partnership with such a reputable partner will shed light on a solution that enhances what a community bank can offer to customers - a modern and efficient mortgage experience."

Promontory MortgagePath was founded with a commitment to empowering community financial institutions to participate profitably in mortgage lending by offering a faster, simpler and more-inclusive mortgage process. By leveraging Promontory MortgagePath's digital mortgage platform and comprehensive fulfillment services, community banks benefit from increased efficiencies and a scalable business model while offering their customers a modern digital mortgage experience. Promontory MortgagePath's founder and former federal regulator, Gene Ludwig, has been committed to community- and regional banking for decades, focusing his post-government professional career on improving the competitive posture of community banks with an emphasis on compliance.

"Our approach is to deliver an exceptional borrower experience with intuitive technology while expanding the reach of our lending partners in their communities," said Paul Katz, managing director and head of bank relations at Promontory MortgagePath. "Our enhanced mortgage platform and flexible staffing model enables lenders to grow their franchise while reducing costs and offering a full suite of loan products."

About Oregon Bankers Association

Established in 1905, the Oregon Bankers Association is a full-service trade association with a membership that includes state and national commercial banks, savings banks and trust companies doing business in Oregon. The mission of the OBA is to be the voice of Oregon banking.

The Oregon Bankers Association serves a dynamic, innovative and community-minded industry. The competitive nature of banking gives Oregonians and Oregon businesses a wide variety of choices for their financial services. In our collective endeavors, the Oregon Bankers Association and its members strive to ensure that Oregon remains a great place to do business and a great place to do banking. To learn more, visit https://www.oregonbankers.com.

About Promontory MortgagePath LLC | NMLS ID 1532373

Promontory MortgagePath is a fast-growing team of passionate problem solvers on a mission to fundamentally change the way lenders approach their mortgage business. The company combines an intuitive, collaborative digital mortgage platform with modern, comprehensive fulfillment services, giving lenders the progressive technology and scalability required to profitably compete in today's rapidly changing residential mortgage market. Promontory MortgagePath's founder, former U.S. Comptroller of the Currency Gene Ludwig, is widely recognized as a visionary thinker on the critical issues confronting financial services, and his companies are renowned for helping community lenders resolve their most pressing challenges. To learn more, visit https://www.mortgagepath.com.

Related link: https://www.mortgagepath.com/

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Alliances and Partnerships, Business, Free News Articles, Software

Digital Mortgage Platform Maxwell Announces Partnership with Mortgage Loan Origination System Byte Software

DENVER, Colo. -- Today, digital mortgage platform and fulfillment provider Maxwell Financial Labs, Inc. announced that it has partnered with Byte Software, a mortgage loan origination system that streamlines the mortgage production process.

With the establishment of this partnership, Maxwell's digital mortgage point-of-sale will connect to Byte's loan origination system via an API integration.

"Byte's best-of-breed approach provides consistency in business operations, even as production methods are rapidly evolving," commented Mark Todd, National Sales Manager at Byte. "The addition of an innovative partner like Maxwell will further enable our customers to quickly and easily adopt emerging digital strategies."

The integration of Maxwell and Byte will allow users to seamlessly connect their data and work within Maxwell with their LOS, creating a simple, intuitive process for lenders and borrowers. This includes acceptance of the new URLA 3.4 compliant loan application. This connectivity is critical in Maxwell's commitment to a relationship-focused mortgage experience, allowing the lending team to spend more time providing vital expertise to the borrower and performing value-add activities rather than working on lower-impact tasks.

"We're thrilled to unveil our partnership with Byte," said Maxwell Co-founder and CEO John Paasonen. "This key integration with Byte's LOS as the system-of-record with Maxwell's impactful point-of-sale platform will allow us to improve borrower experience, empower more lenders to save time, streamline processes, and increase productivity with our mutual customers."

Maxwell's robust integrations and partnerships enable lenders to accelerate the mortgage lending process from application to underwriting so loan officers can focus on the human relationship at the center of the mortgage journey. Today, hundreds of lenders across the U.S. use Maxwell to originate nearly $6 billion in mortgage loans each month at a closing rate 45 percent faster than the national average.

About Maxwell:

Maxwell empowers mortgage lenders to be more connected, productive, and successful by intelligently automating their workflow with homebuyers and real estate agents. Hundreds of mortgage lenders, banks, and credit unions nationwide use the Maxwell platform to serve their customers a modern lending experience. Founded in 2015, Maxwell is a member of the Mortgage Bankers Association and is proud to be built in Denver, Colorado.

Connect with Maxwell:

- https://himaxwell.com/

- https://www.facebook.com/maxwellHQ

- https://twitter.com/ilovemaxwell

About Byte Software:

Over 1,000 organizations trust BytePro loan origination software with their business. Our clients range from national lenders originating thousands of loans per month to small organizations originating just a few. Whether your business is retail, wholesale or correspondent lending, we have solutions to meet your needs. www.bytesoftware.com

Related link: https://himaxwell.com/

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Business, Free News Articles, Funding and Investment, Software

SimpleNexus Secures $108M in Series B Funding to Transform the Homeownership Journey into a Seamlessly Connected Experience

LEHI, Utah -- SimpleNexus (https://simplenexus.com/), developer of the leading homeownership platform connecting loan officers, borrowers, real estate agents and settlement agents, has received a follow-on investment of $108 million in Series B funding led by global venture-capital and private-equity firm Insight Partners.

Founded in 2011, SimpleNexus is one of the fastest-growing technology companies in North America. Company President Cathleen Schreiner Gates credits 2020's four consecutive quarters of record-setting revenue growth to rapid, enthusiastic adoption of SimpleNexus' solutions by banks, credit unions and independent mortgage lenders across the United States. The capital infusion from Insight Partners will help SimpleNexus maintain this growth trajectory as it continues to transform the mortgage industry by seamlessly connecting the homeownership journey.

"SimpleNexus is systematically tearing down the technology barriers that gave the mortgage process a reputation for being disjointed, arduous and slow," said Schreiner Gates. "First, we created a best-in-class mobile toolset that delivers hundreds of thousands of lender referrals each year by bringing together consumers, real estate agents and loan officers from the point of thought. Then we perfected the loan application with features like our mobile mortgage disclosures, which empowers borrowers to finish in hours a task that normally takes days. With the support of Insight Partners, we will build on the momentum we received from bringing to market the best eClosing experience lenders and consumers have ever seen. Our vision is to hone the entire home buying journey from the borrower's first contact with a Realtor to the closing table and beyond."

The $108 million capital raise follows Insight Partners' initial investment of $20 million in SimpleNexus and underscores the firm's continued confidence in the Utah-based tech firm. Insight Partners has invested in more than 400 investments and has supported more than 50 software ScaleUps in the real estate and fintech verticals alone.

"SimpleNexus' innovative solutions continue to change the mortgage industry in exciting ways," said Jeff Lieberman, Managing Director at Insight Partners. "CEO Matt Hansen and the SimpleNexus team are executing at a remarkable pace on their long-term vision of streamlining the path to homeownership. The SimpleNexus platform continues to strengthen, addressing key industry pain points while preserving lender flexibility, efficiency and simplicity. We are thrilled to support the company's continued growth and excited by the partnerships they are creating to deliver a seamless homeownership journey."

SimpleNexus announced one such strategic partnership in November, a collaboration with Progressive® (NYSE: PGR) that makes it easy for borrowers to secure a home insurance policy in the same app they use to complete other loan-related tasks.

SimpleNexus' award-winning homeownership platform plays a role in 13% of all home loans originated in the U.S. SimpleNexus serves a user base of more than 29,000 loan originators and 123,000 real estate agents and more than 3 million borrowers. To date, the platform has handled over 13 million loans totaling over $3 trillion in volume.

About SimpleNexus, LLC:

SimpleNexus is a homeownership platform transforming the mortgage experience and connecting borrowers, loan officers, real estate agents and settlement service providers throughout the homebuying process. The platforms' native mobile toolset enables lenders to originate, process and close home loans from anywhere with increased efficiency and convenience. Loan officers can manage their loan pipelines, order credit, run pricing, send pre-approvals, sign disclosures and execute eClosings - all on the go. SimpleNexus provides borrowers with a single sign-on experience from home search to the application, document upload, eClose and beyond for a more streamlined homeownership journey. Learn more at: https://www.simplenexus.com/.

About Insight Partners

Insight Partners is a leading global venture capital and private equity firm investing in high-growth technology and software ScaleUp companies that are driving transformative change in their industries. Founded in 1995, Insight Partners has invested in more than 400 companies worldwide and has raised through a series of funds more than $30 billion in capital commitments. Insight's mission is to find, fund, and work successfully with visionary executives, providing them with practical, hands-on software expertise to foster long-term success. Across its people and its portfolio, Insight encourages a culture around a belief that ScaleUp companies and growth create opportunity for all. For more information on Insight and all its investments, visit https://www.insightpartners.com/ or follow us on Twitter @insightpartners.

Twitter: @SimpleNexus @insightpartners #digitalmortgage #mortgagetechnology #investmentnews

*LOGO link for media: https://www.Send2Press.com/300dpi/19-0724s2p-simplenexus-300dpi.jpg

Related link: https://simplenexus.com/

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Alliances and Partnerships, Business, Free News Articles, Software

SimpleNexus and Unify Integrate to Help Mortgage Lenders Streamline the Loan Process, Reduce Application Abandonment

LEHI, Utah -- SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers, real estate agents and settlement agents, today announced a two-way integration with Unify's Business Growth Platform(TM) that streamlines the loan application process to improve efficiency and help mortgage lenders reduce application abandonment.

Through the integration, loan applicant information entered into SimpleNexus automatically creates new contact records in Unify, where mortgage professionals can manage customer relationships and deploy automated marketing campaigns. When SimpleNexus detects a loan application abandonment - which occurs when borrowers start, but do not finish their loan applications - Unify is alerted to this abandonment. Unify can then send automated outreach campaigns, which include pre-written emails, call scheduling and appointment setting. This enables loan originators to convert more "drop-offs" into completed loan applications.

The integration also pushes data from Unify to SimpleNexus. With a simple push of a button, Unify contact record information is sent to SimpleNexus to populate a contact's application record. This eliminates the need for mortgage originators to manually enter information in 32 distinct data fields.

"U.S. mortgage volume is on pace to exceed $4 trillion in 2020 for the first time in history. This unprecedented volume is challenging loan originators to find new ways to be more efficient and productive," said SimpleNexus Founder and CEO Matt Hansen. "By leveraging the combined power of SimpleNexus and Unify, lenders can reduce originators' workloads and keep more business in the pipeline."

"We are pleased to offer clients a tight-knit integration between Unify and SimpleNexus," said Scott Lidberg, President of Unify. "Loan originators are busy, especially in these market conditions, and the automation and efficiencies this integration provides will allow them to manage their days more effectively and grow their businesses."

To see the integration in action, visit https://simplenexus.com/sn/partners/unify/.

About SimpleNexus, LLC:

SimpleNexus is the digital mortgage platform that enables lenders to originate and process loans from anywhere. The company's best-in-class, easy-to-use app connects loan officers to their borrowers, real estate agents and settlement service providers to easily communicate and exchange data in a single location throughout the entire loan life cycle. Loan officers can manage their loan pipelines, order credit, run pricing, send pre-approvals and sign disclosures - all on the go.

About Unify:

Unify is an innovative business growth platform designed specifically for the mortgage industry. Unify helps mortgage banks, community banks, mortgage brokers, credit unions and loan originators more effectively connect with their clients, manage relationships and grow their businesses. For more information, visit https://unifycrm.com/.

Twitter: @SimpleNexus @unifycrm #digitalmortgage #mortgagemarketing

Related link: https://simplenexus.com/

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