Finance
Dark Matter Technologies appoints former Ellie Mae executive as deputy chief product officer
JACKSONVILLE, Fla. — Dark Matter Technologies (Dark Matter) today announced the appointment of Vikas Rao as deputy chief product officer. Reporting directly to Chief Product Officer Stephanie Durflinger, Rao is charged with overseeing enhancements to the Empower® loan origination system (LOS) and establishing Dark Matter’s developer community, which will help lenders embed automation deeper in their origination workflows and more tightly integrate their systems using open application programming interfaces (APIs) and widgets….
23-year industry veteran Jason Mapes joins Floify as head of sales
BOULDER, Colo. — Floify, the mortgage industry’s leading point-of-sale (POS) solution, today announced the appointment of Jason Mapes as head of sales. Mapes, who previously served as director of sales for nCino’s Mortgage Suite, brings a wealth of experience to spearhead Floify’s national sales initiatives….
ACES Quality Management Named 2024 Best Places to Work in Financial Technology
DENVER, Colo. — ACES Quality Management® (ACES), the leading provider of enterprise quality management and control software for the financial services industry, has been named one of the 2024 Best Places to Work in Financial Technology. The awards program was created in 2017 and is an Arizent and Best Companies Group project….
Mortgage Purchase Lock Counts See First YoY Gain Since Fed Rate Hikes Began Two Years Ago
PLANO, Texas — Optimal Blue today released its April 2024 Originations Market Monitor report, which reveals the first year-over-year increase in purchase mortgage lock counts since the Federal Reserve initiated rate hikes in March 2022….
Down Payment Resource integration with ICE Mortgage Technology embeds down payment assistance program support into core mortgage origination software
ATLANTA, Ga. — Down Payment Resource (DPR), the housing industry’s leading technology for connecting homebuyers with homebuyer assistance programs, today announced a new integration using the latest API framework from Intercontinental Exchange (ICE) for mortgage technology. Available via the Encompass Partner Connect™ API Platform, the integration makes it easier for lenders to support homebuyers with the nation’s 2,300-plus down payment assistance (DPA) programs….
New Solution Connects API-Driven Back-End Execution to Front-End Pricing with Industry-First Features
SAN DIEGO, Calif. — Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, today announced the release of the Base Rate Generator, an industry-changing solution that allows mortgage lenders to directly inform their front-end rate sheet pricing with their back-end capital markets executions. By combining live agency API connections, co-issue executions, aggregator pricing, and custom TBA indications, the MCT Base Rate Generator allows mortgage lenders to improve margin management and competitive performance….
ACES Quality Management Partners with Infrrd to Provide AI-Powered Intelligent Mortgage Document Processing
DENVER, Colo. — ACES Quality Management® (ACES), the leading provider of enterprise quality management and control software for the financial services industry, has announced a new partnership with Infrrd to provide ACES users access to intelligent document processing. When used in conjunction with ACES Quality Management & Control software, Infrrd’s technology helps lenders improve the efficiency of their quality control (QC) reviews by indexing, categorizing and reviewing the accuracy of loan file documents prior to review….
MCT Reports A 2% Lock Volume Increase Despite Rising Rates
SAN DIEGO, Calif. — Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, today reported a 1.87% increase in mortgage lock volume compared to the previous month. To gain comprehensive insights into the market dynamics, industry professionals and enthusiasts are invited to download the complete report….
IMG Travel Protection Plans Are Now Available Through TravelInsurance.com
NEW YORK, N.Y. — TravelInsurance.com welcomes IMG (International Medical Group), an award-winning global insurance benefits and assistance services company, to its leading travel insurance comparison marketplace. TravelInsurance.com provides the simplest method to compare and purchase travel insurance from global travel insurers. The iTravelInsured Travel Lite, SE, and LX comprehensive travel protection plans from IMG are a highly regarded addition to TravelInsurance.com’s roster….
New Insurance Lead Generation Company Increases Online Visibility for Niche Insurance Agencies and Carriers
SCOTCH PLAINS, N.J. — Insurerants (Insurerants.com) combines the expertise of two industry veterans, JT Images and PL Communications, known for web design, SEO services, and content optimization tailored for insurance lead generation. With over two decades of joint experience, the partnership provides insurance professionals with the tools and strategies needed to increase sales in niche markets….