Finance
US Mortgage Implements CompenSafe from LBA Ware to Automatically Calculate LO Compensation
MACON, Ga. — LBA Ware, a leading provider of automated compensation software and systems integration solutions for mortgage lending and retail banking, announced that Melville, New York-based US Mortgage Corporation (US Mortgage) has implemented CompenSafe to automatically calculate commissions for its loan originators and operations staff located in 24 branches across the United States….
TRK Connection Elevates Colton Hansen to Role of Vice President of Business Development
SALT LAKE CITY, Utah — TRK Connection, a leading provider of mortgage quality control and origination management solutions, announced it has promoted Colton Hansen to vice president of business development. In this new role, Hansen will be responsible for leading and executing company objectives for sales and marketing campaigns, implementing new technologies, and analyzing new opportunities….
Pendo’s John Whitlow Wins HW Insiders Award
LEE’S SUMMIT, Mo. — Pendo, a nationwide appraisal management company (AMC), announced that John Whitlow, the company’s vice president of operations and technology, has been named to the second annual HousingWire Insiders list….
Sparkle Coin, Inc. Launches Next Generation Cryptocurrency
CHICAGO, Ill. — Sparkle Coin, Inc. today introduced its eponymous cryptocurrency, the first of its kind backed by diamonds, as the initial step toward the company’s goal of creating more efficient global economic growth to promote societal advancement by developing a platform that brings cryptocurrencies into the mainstream business and consumer markets. SparkleCOIN is a hybrid cryptocurrency possessing the best qualities of both PoW (Proof of Work) and PoS (Proof of Stake)….
OpenClose Integrates with Timios to Automate the Calculation of Title Settlement Fees
WEST PALM BEACH, Fla. — OpenClose, a multi-channel loan origination system (LOS) and mortgage software solutions provider, announced that it integrated with Timios, Inc., a national provider of title and settlement services to banks, financial institutions and mortgage lenders. The integration allows users to efficiently draw all title and settlement fees directly from within OpenClose’s LenderAssist(TM) LOS, eliminating data entry, saving time and ensuring fees are fully accurate and TRID compliant….
Spectrum Mortgage Holdings Partners with Mid America Mortgage to Purchase eNotes
ADDISON, Texas — Mid America Mortgage, Inc. (Mid America) announced today that Spectrum Mortgage Holdings has signed on as an eWarehouse line provider for Mid America’s eCorrespondent division. Through this partnership, Spectrum will offer lower net worth requirements. on warehouse lines and purchase eNotes from qualified emerging mortgage bankers approved as Mid America eCorrespondent sellers….
VLP Law Group Announces the Return of David Jargiello as Partner and General Counsel
PALO ALTO, Calif. — VLP Law Group LLP is pleased to announce that David Jargiello has rejoined the firm as a partner in the Corporate Practice Group and the firm’s General Counsel. Mr. Jargiello is a business transactional lawyer with more than 25 years’ experience in San Francisco and Silicon Valley primarily representing venture capital funds, professional service firms and legal technology companies in complex corporate finance, corporate securities, fiduciary duty and risk management matters….
LBA Ware Founder Lori Brewer Named to ‘Leading Ladies’ Category on 2017 ‘Women in Housing’ list by The MReport
MACON, Ga. — LBA Ware(TM), a leading provider of automated compensation software and systems integration solutions for mortgage lending and retail banking, announced that Founder and President Lori Brewer has been recognized as one of The MReport magazine’s 2017 “Women in Housing.”…
New Data from ReverseVision Shows Influx of Traditional Lenders and Directly Licensed Clients into HECM Industry
SAN DIEGO, Calif. — ReverseVision, the leading provider of software and technology for the reverse mortgage industry, reported a record number of newly licensed lenders entering the Home Equity Conversion Mortgage (HECM) market in 2017, according to data from its RV Exchange (RVX) loan origination system (LOS)….
Cooksey Team Founder Michael Cooksey Named Mortgage Industry ‘Insider’ for 2017 by HousingWire Magazine
DALLAS, Texas — The Cooksey Team, a top producing retail branch of Mid America Mortgage, Inc., announced today that its founder Michael Cooksey has been honored by housing industry trade magazine HousingWire (HW) as one of its “2017 Insiders.”…