Finance
iEmergent receives The Mortgage Collaborative’s Lenders’ Choice award for Thought Leadership, Creativity & Innovation
DES MOINES, Iowa — iEmergent, a forecasting and advisory services firm for the financial services, mortgage and real estate industries, was awarded The Mortgage Collaborative’s 2024 Lenders’ Choice Award for Thought Leadership, Creativity & Innovation. Laird Nossuli, iEmergent’s CEO, and Bernard Nossuli, COO, accepted the award on Monday during TMC’s “A Mile Above” Conference, held at the Hyatt Regency in Denver….
Rate-and-Term Refinances Surge 109% MoM in August as Mortgage Rates Decline
PLANO, Texas — Optimal Blue today released its August 2024 Market Advantage mortgage data report, which reveals an overall 1% rise in rate lock volume despite the typical seasonal slowdown in purchase lending. Lock volume growth was driven by a surge in refinance activity as homeowners reacted to declining mortgage rates….
Optimal Blue to Host Inaugural Industry Summit February 3-5, 2025
PLANO, Texas — Optimal Blue today announced it will host its inaugural Optimal Blue Summit from February 3-5, 2025, at the Marriott Marquis San Diego Marina. Set against the scenic backdrop of San Diego Bay, the Optimal Blue Summit 2025 will bring together clients from across primary and secondary mortgage networks to connect, learn, and share best practices for pricing and profitability….
MMI launches Refinder mortgage refinance tool to help lenders prepare for expected interest rate decline
SALT LAKE CITY, Utah — Mobility Market Intelligence (MMI), a leader in data intelligence and market insight tools for the mortgage and real estate industries, today announced a new feature, Refinder, to help lenders uncover refinance opportunities in their database of past borrowers….
TMC Emerging Technology Fund Announces Newest Corporate Partner: Andromeda Division Constellation Software’s Perseus Operating Group
AUSTIN, Texas — The Mortgage Collaborative (TMC), the nation’s largest independent cooperative network serving the mortgage industry, announced today that the TMC Emerging Technology Fund LP has secured its first corporate partner, Andromeda. Andromeda is a Division of the Perseus Operating Group, of Constellation Software, Inc. (TSX: CSU; “Constellation”)….
Matrix Advises Singer Energy Group, Inc. d/b/a Robison on its Sale to an Affiliate of Star Group, L.P.
RICHMOND, Va. — Matrix Capital Markets Group, Inc., a leading, independent investment bank, has advised Singer Energy Group, Inc. and its affiliates d/b/a Robison (“Robison” or the “Company”) on the sale of its integrated heating oil distribution and HVAC services business to an affiliate of Star Group, L.P. (NYSE: SGU). Headquartered in Port Chester, New York, Robison is a leading distributor of heating oil and provider of home comfort solutions in and around Westchester and Putnam Counties, New York….
Secured Signing announces On-Demand Notary service, for organizations and individuals to locate a notary
MOUNTAIN VIEW, Calif. — Secured Signing is thrilled to announce transformative updates to our Notary Community platform, designed to elevate your notary business by connecting you with clients faster than ever. Our new “On-Demand Notary” feature significantly enhances visibility and client engagement, ensuring unparalleled business growth….
MCT Reports a 3% Increase in Mortgage Lock Volume Backed by Increasing Refinance Activity
SAN DIEGO, Calif. — Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, announced today a 3.33% increase in mortgage lock volume compared to the previous month. Despite a larger increase in rate/term volume, total mortgage volume remains relatively flat….
ACES Quality Management Executive Vice President of Compliance, Amanda Phillips, Selected to Speak at 2024 ACUMA Annual Conference
DENVER, Colo. — ACES Quality Management® (ACES), the leading provider of enterprise quality management and control software for the financial services industry, announced its Executive Vice President of Compliance Amanda Phillips will be speaking at the American Credit Union Mortgage Association (ACUMA) Annual Conference taking place September 29 through October 2, 2024 at the Bellagio Hotel & Casino in Las Vegas….
The Mortgage Collaborative Participates in FHFA 2024 TechSprint Showcasing Innovative Generative AI Solutions for Housing Challenges
WASHINGTON, D.C. — Represented by its president and COO, Melissa Langdale, The Mortgage Collaborative’s (TMC) “Open Angels” team were among the notable solutions recognized for their impact and potential at The Federal Housing Finance Agency (FHFA)-hosted Velocity TechSprint, spotlighting the transformative potential of generative AI in addressing the current housing market’s pressing challenges….