Cloudvirga Adds Award-Winning Appraisal Order Management from Mercury Network to Its Digital Mortgage Point-of-Sale Platform

IRVINE, Calif. — Cloudvirga, a leading provider of digital mortgage point-of-sale (POS) software whose enterprise technology is powered by the Intelligent Mortgage Platform, today announced its completion of a fully automated, lights-out integration with Mercury Network, part of CoreLogic (NYSE:CLGX) and one of the industry’s largest appraisal order management platforms.

MCT Wins PROGRESS in Lending Association’s 2018 Innovation Award for its New Bid Auction Manager (BAM) Whole Loan Trading Technology

SAN DIEGO, Calif. — Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that PROGRESS in Lending Association, the industry’s premier mortgage technology focused organization, presented the company with its annual Innovation Award for the rapid adoption and impact of its Bid Auction Manager(TM) (BAM) within the whole loan trading market.

Matic Marks Commitment to Compliance with Appointment of Shaz Kojouri to Senior Management Team

SHERMAN OAKS, Calif. — Matic, a digital insurance agency whose technology enables borrowers to purchase homeowner’s insurance during the mortgage transaction, today announced it has tapped Shahrzad “Shaz” Kojouri as VP of legal and compliance. Prior to joining Matic, Kojouri was assistant general counsel for nonprofit student loan provider AccessLex Institute.

ReverseVision Vice President of Sales and Marketing Wendy Peel Honored with MBA Insights 2018 Tech All-Star

SAN DIEGO, Calif. — ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, announced today that Vice President of Sales and Marketing Wendy Peel has been honored with the MBA Insights 2018 Tech All-Star Award.

Veros and IDS Partner on Integrated Solution for Fannie Mae and Freddie Mac UCD Data Submissions

SANTA ANA, Calif. — Veros Real Estate Solutions (Veros), a leading developer of enterprise risk management, collateral valuation, and predictive analytics services, and mortgage document preparation vendor International Document Services, Inc. (IDS) announced today that they have partnered to provide lenders with a fully integrated automated delivery solution for submitting the Uniform Closing Dataset (UCD) to the Government Sponsored Enterprises (GSEs).

IDS Adds Hybrid eClosing Capabilities to Its Mortgage Doc Prep Platform

SALT LAKE CITY, Utah — Mortgage document preparation vendor International Document Services, Inc. (IDS), announced that its clients now have the capabilities to conduct hybrid electronic mortgage closings through its flagship mortgage document preparation platform, idsDoc. Hybrid eClosings allow for faster, more seamless mortgage real estate closing transactions, which can help lenders meet the Consumer Financial Protection Bureau’s (CFPB) “Know Before You Owe” mandate to improve the borrower experience for consumers.

EPIC’s Chuck Simpson to Present at AESC Safety, Wireline, Trucking Conference and Tradeshow

BIRMINGHAM, Ala. — EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, announced today that Senior Risk Control Consultant Chuck Simpson will present at the Association of Energy Service Companies (AESC) Safety, Wireline, Trucking Conference & Tradeshow on Wed., April 18 at 10 a.m. at the Dallas/Fort Worth Marriot Hotel in Fort Worth, Texas.

Cloudvirga and Freddie Mac Team Up to Deliver a Better Borrower Experience, Maximize Fungibility

IRVINE, Calif. — Cloudvirga, a leading provider of digital mortgage point-of-sale (POS) software whose enterprise technology is powered by the intelligent Mortgage Platform, today launched single-click submission of loan data to both GSEs’ automated underwriting systems (AUS) in a collaborative effort with Freddie Mac (OTCMKTS: FMCC), delivering on the industry need for greater transactional ease.

MQMR Advises Mortgage Lenders to Supplement Resources for Compliance Guidance

LOS ANGELES, Calif. — MQMR (Mortgage Quality Management and Research) President Michael Steer today urged lenders to seek additional resources for compliance advice to ensure total compliance with regulatory requirements.

IDS, Inc. Advises Mortgage Lenders to Address UCD Warnings Prior to June 25 Deadline

SALT LAKE CITY, Utah — Mortgage document preparation vendor, International Document Services, Inc. (IDS), has announced it is advising all lenders to begin troubleshooting warnings from Fannie Mae and Freddie Mac’s Uniform Closing Dataset (UCD) portal regarding missing information in their UCD files. Effective June 25, 2018, the GSEs will fire a fatal edit in their Loan Delivery systems if the UCD status is “Not Successful” or a UCD was not submitted. (UPDATED)