Finance

October 1, 2024

Optimal Blue Expands Expertise, Market Leadership With Launch of Two In-House Podcasts

PLANO, Texas — Optimal Blue announced the release of two in-house podcasts that extend the reach of the company’s capital markets experience and expertise built over its decades as the technology leader in its space. The Optimal Insights podcast and video, which will be released weekly, will provide timely analyses of market factors impacting loan originators and capital markets professionals….

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September 26, 2024

Brimma Tech Unveils Advanced AUS Sandbox Solution for Enhanced Mortgage Underwriting

WAKE FOREST, N.C. — Brimma Tech, a pioneering software development company specializing in AI-driven solutions for the mortgage industry, proudly announces the latest release of its Vallia AUS Sandbox. This innovative tool is designed to streamline the mortgage underwriting process, offering simultaneous risk and eligibility assessment capabilities with both Fannie Mae’s Desktop Underwriter® (DU®) and Freddie Mac’s Loan Product Advisor® (LPA℠)….

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September 25, 2024

iEmergent revises 2024-2026 U.S. Mortgage Origination Forecast downward

DES MOINES, Iowa — iEmergent, a forecasting and advisory services firm for the financial services, mortgage and real estate industries, today announced downward revision of its 2024-2026 U.S. Mortgage Origination Forecast. Updated to reflect ongoing economic conditions, iEmergent now expects lower-than-anticipated growth for the next two years, particularly in the purchase mortgage market, while refinance volumes are projected to rise due to a gradual decline in mortgage interest rates….

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September 24, 2024

M2 Lending Solutions Taps LenderLogix to Provide Automated, Digital-First Borrower Experience

BUFFALO, N.Y. — LenderLogix, a leading provider of mortgage point-of-sale and automation software for banks, credit unions, independent mortgage banks, and brokers, recently announced the addition of M2 Lending to its roster of clients utilizing LiteSpeed, QuickQual and Milestone Text Updates….

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September 23, 2024

Eagle Ventures Partners with Keel Point to Combat Human Trafficking Through Technology Investments

DALLAS, Texas — Eagle Ventures, through its Eagle Freedom Fund, a leading impact investment vehicle focused on combating human trafficking, is pleased to announce its strategic partnership with Keel Point, a national private wealth management, family office services, and institutional asset management firm. Keel Point will serve as a Sub-Advisor to the Eagle Freedom Fund, bringing its financial expertise to amplify the Fund’s efforts to invest in innovative technologies designed to combat human trafficking globally….

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Dark Matter Technologies brings the NOVA LOS under its banner to serve a broader range of mortgage lenders

JACKSONVILLE, Fla. — Dark Matter Technologies (Dark Matter®), an innovative leader in mortgage technology, today announced the addition of the NOVA loan origination system (LOS) to its product lineup. Bringing the NOVA LOS under its banner alongside the Empower® LOS enables Dark Matter to offer two distinct LOS solutions and cater to a more diverse range of lender business models….

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September 19, 2024

Matrix Advises on the Successful Sale of WTG Fuels, LLC’s Delivered Fuels Business

RICHMOND, Va. — Matrix Capital Markets Group, Inc. announces the successful sale of the propane, commercial motor fuels, and lubricants business of WTG Fuels, LLC to ThompsonGas, LLC. WTG Fuels is a subsidiary of West Texas Gas, a leading provider of natural gas distribution services throughout Texas and Oklahoma….

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ProPair’s Q2 2024 Impact Study Reveals Significant Gains in Sales Conversions with Predictive Lead Assignments

SAN CARLOS, Calif — ProPair, the fastest way for marketing and sales leaders to implement predictive AI, has released its Q2 2024 Impact Study, showcasing a substantial 46% improvement in sales conversions using Predictive Lead Assignments compared to standard lead assignment methods. This breakthrough underscores the growing importance of data-driven decision-making in sales strategies….

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Klingenstein Fields Advisors named to Barron’s Top 100 RIA Firms

NEW YORK, N.Y. — Klingenstein Fields Advisors (KF Advisors) is proud to announce that it has been named to Barron’s Top 100 Registered Investment Advisor (RIA) Firms for 2024. “We are honored to receive this recognition,” said Kenneth D. Pollinger, Chairman and Co-CEO of KF Advisors. “This accomplishment is a team effort that would not be possible without the valuable contribution of each and every individual at KF Advisors.”…

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Critical Defect Rate Rises to 1.58%, Per ACES Mortgage QC Industry Trends Report

DENVER, Colo. — ACES Quality Management® (ACES), the leading provider of enterprise quality management and control software for the financial services industry, announced the release of its quarterly ACES Mortgage QC Industry Trends Report covering the first quarter (Q1) of 2024. The latest report analyzes post-closing quality control data derived from ACES Quality Management & Control® software….

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