Finance
Rivermark Community Credit Union Expands Subservicing Relationship with Dovenmuehle
LAKE ZURICH, Ill. — Dovenmuehle Mortgage, Inc. (DMI), a leading mortgage subservicing company, announced today that Rivermark Community Credit Union has expanded its partnership with DMI. Under this expanded relationship, Dovenmuehle will provide subservicing for Rivermark’s growing portfolio of mortgage loans, supporting the credit union’s expanding membership base and ensuring an exceptional servicing experience for members….
The Big Picture’s final lineup of 2025 features mortgage power players in conversation on leadership, tech disruption and the future of the industry
CLEVELAND, Ohio — Top mortgage industry webcast The Big Picture, broadcast live every Thursday at 3 p.m. ET, announced a December lineup of trailblazing figures in loan origination technology, real estate and housing finance advocacy. Co-hosted by mortgage business consultant and executive coach Rich Swerbinsky and capital markets authority Rob Chrisman….
iEmergent’s latest U.S. mortgage forecast validation confirms industry-leading accuracy
DES MOINES, Iowa — iEmergent, a forecasting and advisory services firm for the financial services, mortgage and real estate industries, released a new analysis validating that its U.S. purchase mortgage origination forecasts continue to lead the industry in accuracy, outperforming other publicly available forecasts such as those published by Fannie Mae and the Mortgage Bankers Association (MBA) over the last six years….
FirstClose Appoints Adam Nicholson as Director of Professional Services
AUSTIN, Texas — FirstClose™, a leading fintech provider of data and workflow solutions for mortgage and home equity lenders nationwide, today announced the appointment of Adam Nicholson as director of professional services. Nicholson will lead the company’s implementation operations, including project delivery, process optimization and cross-functional coordination to enhance the customer experience….
Lake Michigan Credit Union selects FirstClose Equity Order Management for automated home equity settlement workflows
AUSTIN, Texas — FirstClose™, a leading fintech provider of data and workflow solutions for mortgage and home equity lenders nationwide, announced today that Lake Michigan Credit Union (LMCU) has implemented FirstClose’s Equity Order Management to automate settlement workflows for its home equity lending operations….
DocMagic enhances Total eClose platform with new IPEN capability for broader digital closing flexibility
TORRANCE, Calif. — DocMagic, Inc. announced today the availability of its in-person electronic notarization (IPEN) capability, extending the company’s Total eClose™ platform to support more closing scenarios and borrower preferences across the country. IPEN offers lenders, settlement agents, notaries and borrowers an additional digital option for situations where remote online notarization (RON) is not jurisdictionally permitted or simply not the preferred experience….
ACES Q2 2025 Mortgage QC Industry Trends Report shows modest rise in critical defect rate as refinance complexity tests loan quality
DENVER, Colo. — ACES Quality Management® (ACES), the leading provider of enterprise quality management and control software for the financial services industry, today announced the release of its quarterly ACES Mortgage QC Industry Trends Report covering the second quarter (Q2) of 2025. The report analyzes post-closing quality control data derived from the ACES Quality Management & Control® software….
MMI Honored with 2025 AI Pioneer Award for Innovative Use of Artificial Intelligence in Mortgage Technology
SALT LAKE CITY, Utah — Mobility Market Intelligence (MMI), the leader in mortgage technology, has been recognized with the 2025 AI Pioneer Award by PROGRESS in Lending Association for leveraging artificial intelligence like ChatMMI cross its platform to deliver to deliver real, measurable outcomes for lenders-from opportunity discovery and timely outreach to borrower retention and lifetime loyalty….
Rice Park Acquires Rosegate Mortgage, Enhancing End-to-End Mortgage Capabilities and MSR Investment Platform
CHARLOTTE, N.C. and PLYMOUTH, Minn. — Rice Park Capital Management LP (“Rice Park”), a Minneapolis-based private investment firm specializing in mortgage servicing rights (MSRs), announced today that it has acquired Rosegate Mortgage, LLC (“Rosegate Mortgage”), NMLS #2020757, a retail and consumer-direct mortgage lender headquartered in Charlotte, NC….
Velocity Credit Union Introduces ‘Buy Now, Pay Later’ to Give Members Greater Financial Flexibility
AUSTIN, Texas — Velocity Credit Union (Velocity) has announced the launch of a new Buy Now, Pay Later (BNPL) program designed to give members greater financial flexibility and control over their everyday spending. A financial institution with over $1 billion in assets and serving over 80,000 members, Velocity is introducing this program to further its commitment to offering comprehensive financial services to its members for every stage of their life….