Argyle, Business, Software

Argyle brings the mortgage industry’s highest-converting VOIE platform to The Mortgage Collaborative

NEW YORK CITY, N.Y. -- Argyle, a platform providing automated income and employment verifications for some of the largest lenders in the United States, has joined The Mortgage Collaborative (TMC), the nation's largest independent cooperative network serving the mortgage industry, as a preferred partner. As a member of TMC's Preferred Partner Network, Argyle will provide the cooperative's lender members discounted access to its exemplary customer service and award-winning income and employment verification (VOIE) services, which outperform legacy verification services for a fraction of their cost.

Argyle empowers mortgage lenders to verify income and employment, auto-retrieve paystubs and W-2s and qualify for Day 1 Certainty(r)-all at 60-80% less cost. Its coverage of the U.S. workforce, which includes 99% of the Fortune 1000, is superior to the three largest credit bureaus and delivers hit rates higher than other data providers.

Founded in 2013, TMC empowers mortgage lenders across the country with networking and professional development opportunities and by facilitating the sharing of best practices and technologies that drive market growth, efficiency and profitability. Of the more than 65 U.S. mortgage lenders that switched to Argyle in the last year, 18 are current TMC lender members. Argyle also offers native integrations with three TMC Preferred Partners: nCino, Dark Matter Technologies and FinLocker.

Argyle will make its debut as a TMC preferred partner at the cooperative's The Mane Event conference taking place March 24-26 in Louisville, Kentucky. Argyle's Chief Operating Officer Brian Geary will join LMCU Vice President of Mortgage Strategy John Harpst in presenting a case study session chronicling the credit union's time savings, reduced costs and enhanced member experience since implementing Argyle.

"Argyle's approach to lowering origination costs while enhancing the lender and borrower experience is well aligned with our mission of helping lenders better themselves and the communities they serve," said TMC President and CEO Melissa Langdale. "We're pleased to add to our Preferred Partner Network an income and employment verification platform that provides a meaningful competitive edge."

"Joining The Mortgage Collaborative feels like coming home, because collaboration with our customers and integration partners has always been at the heart of Argyle's journey," said John Hardesty, general manager of Argyle's mortgage division. "We could not have built the fastest, most cost-effective and most accurate income and employment verification platform without a profound understanding of the practical challenges lenders face every day. We look forward to the opportunity to serve and learn from the exceptional lenders within The Mortgage Collaborative community."

About Argyle:

Founded in 2018, Argyle is the leading provider of direct-source access to income and employment data. As an authorized report supplier for Fannie Mae's Desktop Underwriter(r) validation service, a component of Day 1 Certainty(r), Argyle empowers mortgage lenders to auto-retrieve paystubs and W-2s, understand consumers' ability to pay and reduce repurchase risk-all at 60-80% less cost. Argyle's commitment to innovation is backed by investors including Bain Capital Ventures, SignalFire, Checkr, and Rockefeller Asset Management.

For more information on Argyle's industry-leading platform, please visit https://argyle.com/.

To stay up to date on all Argyle news, sign up for our newsletter here: https://argyle.com/blog/.

About The Mortgage Collaborative:

The Mortgage Collaborative (TMC) was founded in 2013 by four notable industry leaders and is the nation's largest independent mortgage cooperative network. TMC is singularly focused on creating an environment of collaboration and innovation for small to mid-size mortgage lenders across the country to reduce cost, increase profitability, and better serve the dynamic and changing consumer base in America. For more information, visit https://www.mortgagecollaborative.com/.

Tags: @withArgyle @The Mortgage Collaborative #fintech #mortgage #mortgagelending

RELATED LINKS:

https://www.mortgagecollaborative.com/preferred-partners.html

https://web.cvent.com/event/72de6f1c-8527-4ad3-8405-582bc53f37d5/summary?session=53bc8371-c5cc-4435-afa4-6138c1219215

https://argyle.com/customers/lake-michigan-credit-union/

Related link: https://www.argyle.com/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Business, Porch Group Inc, Product Launches, Software

Floify introduces flexible pricing with the introduction of Lender Edition

BOULDER, Colo. -- Floify, the mortgage industry's leading point-of-sale (POS), today announced the launch of Lender Edition, a newly badged version of the popular mortgage point-of-sale that introduces a flexible per-loan pricing option for mortgage lenders.

Floify Lender Edition is the counterpart to Broker Edition, a one-stop lending platform configured for the needs of mortgage brokers that was introduced in December 2023. Lender Edition is specifically designed to address the challenges faced by mortgage lenders, such as supporting best-in-class borrower experience, while maintaining efficient production and controlling costs.

Lender Edition maintains core features popular among Floify users such as an intuitive interface for borrowers and lenders, automated document management workflows, free native eSign functionality, verification of income and employment waterfall functionality, loan progress transparency, and much more.

In the coming months, Floify will introduce new integrations with popular borrower verification report providers and an eClosing vendor, as well as enhanced functionality with existing integration partners.

"While some vendors are squeezing lenders on pricing during market hardship, Floify is committed to being a supportive partner by being flexible on pricing without compromising access to product features or quality. Lender Edition is designed to tackle the industry's biggest challenges head-on, providing unparalleled support for creating optimal borrower experiences and achieving operational excellence," said Floify President and General Manager Sofia Rossato. "We make it possible for lenders to provide a sleek and intuitive loan management portal for borrowers and manage pipelines effectively at a cost-effective price point."

Lender Edition can be quickly deployed and comes equipped with dozens of native integrations, which gives lenders rich, plug-and-play functionality that reduces operational redundancy.

Visit https://bit.ly/3OZjbt3 to learn more about Lender Edition.

About Floify:

Floify is a digital mortgage automation solution that streamlines the loan process by providing a secure application, communication, and document portal between lenders, borrowers, referral partners, and other mortgage stakeholders. Loan originators use the platform to collect and verify borrower documentation, track loan progress, communicate with borrowers and real estate agents, and close loans faster. The company is based in Boulder, Colorado and is a subsidiary of Porch Group, Inc. ("Porch Group") (NASDAQ: PRCH). For more information, visit the company's website at https://floify.com/ or on social media at Facebook, LinkedIn, or Twitter / X.

Forward-Looking Statements

Certain statements in this release may be considered "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Although the Company believes that its plans, intentions, and expectations reflected in or suggested by these forward-looking statements are reasonable, the Company cannot assure you that it will achieve or realize these plans, intentions, or expectations. Forward-looking statements are inherently subject to risks, uncertainties, assumptions, and other factors which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Generally, statements that are not historical facts, including statements concerning the Company's possible or assumed future actions, business strategies, events, or results of operations, are forward-looking statements. These statements may be preceded by, followed by, or include the words "believes," "estimates," "expects," "projects," "forecasts," "may," "will," "should," "seeks," "plans," "scheduled," "anticipates," "intends," or similar expressions.

These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by Porch and its management at the time they are made, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: (1) expansion plans and opportunities, and managing growth, to build a consumer brand; (2) the incidence, frequency, and severity of weather events, extensive wildfires, and other catastrophes; (3) economic conditions, especially those affecting the housing, insurance, and financial markets; (4) expectations regarding revenue, cost of revenue, operating expenses, and the ability to achieve and maintain future profitability; (5) existing and developing federal and state laws and regulations, including with respect to insurance, warranty, privacy, information security, data protection and taxation, and management's interpretation of and compliance with such laws and regulations; (6) the Company's reinsurance program, which includes the use of a captive reinsurer, the success of which is dependent on a number of factors outside management's control, along with reliance on reinsurance to protect us against loss; (7) uncertainties related to regulatory approval of insurance rates, policy forms, insurance products, license applications, acquisitions of businesses or strategic initiatives, including the reciprocal restructuring, and other matters within the purview of insurance regulators; (8) reliance on strategic, proprietary relationships to provide the Company with access to personal data and product information, and the ability to use such data and information to increase transaction volume and attract and retain customers; (9) the ability to develop new, or enhance existing, products, services, and features and bring them to market in a timely manner; (10) changes in capital requirements, and the ability to access capital when needed to provide statutory surplus; (11) the increased costs and initiatives required to address new legal and regulatory requirements arising from developments related to cybersecurity, privacy, and data governance and the increased costs and initiatives to protect against data breaches, cyber-attacks, virus or malware attacks, or other infiltrations or incidents affecting system integrity, availability and performance; (12) retaining and attracting skilled and experienced employees; (13) costs related to being a public company; and (14) other risks and uncertainties discussed in Part I, Item 1A, "Risk Factors," in the Company's Annual Report on Form 10-K for the year ended December 31, 2022, and in Part II, Item 1A, "Risk Factors," in our Quarterly Report on Form 10-Q for the quarter ended March 31, 2023, as well as those discussed in subsequent reports filed with the Securities and Exchange Commission ("SEC"), all of which are available on the SEC's website at www.sec.gov.

Nothing in this release should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements, which speak only as of the date of this release. Unless specifically indicated otherwise, the forward-looking statements in this release do not reflect the potential impact of any divestitures, mergers, acquisitions, or other business combinations that have not been completed as of the date of this release. Porch does not undertake any duty to update these forward-looking statements, whether as a result of changed circumstances, new information, future events or otherwise, except as may be required by law.

TAGS @Floify #mortgage #IMB #creditunion #bank #fintech #housingfinance

Related link: https://floify.com/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Business, Software

Informative Research Announces Mortgage Lenders Using Fannie Mae’s Desktop Underwriter Can Now Validate Income and Employment with AccountChek

GARDEN GROVE, Calif. -- Informative Research, a leading technology platform that delivers data-driven solutions to the lending community, announced that lenders using Fannie Mae's Desktop Underwriter® (DU®) can now leverage a 12-month asset verification report to validate income and employment in addition to assets with a single asset report. By using direct deposit banking data to evaluate income and employment, lenders can streamline processes and improve the borrower experience.

"AccountChek has long been a trusted source of data to validate a consumer's assets, rent payments and cash flow, and now with the ability for lenders to leverage bank account data for the purpose of validating a consumer's income and employment in DU, we offer even greater value to our customers," said Informative Research Head of AccountChek Brian Francis. "By allowing DU users to leverage one report to satisfy multiple verification needs, Fannie Mae has provided lenders with a tremendous lift in terms of productivity and expense management [1]. Additionally, lenders do not have to order a special report to participate in this program, as AccountChek already provides the needed transaction data to DU in the existing asset report."

Once borrowers have authorized access to their financial information via AccountChek, the system retrieves the relevant information - including income deposits, expenses, and account balances - and generates a comprehensive report summarizing the data. This data is shared with the lender's point-of-sale platform and/or loan origination system, and in the AccountChek dashboard. AccountChek's direct integration with DU ensures the necessary data flows into DU as part of the loan submission to analyze income and employment eligibility along with assets.

In addition to improving operational efficiency and lowering costs, using a single source of data for assets, income and employment verification may also help lenders:

* Streamline large deposit verification by reducing documentation requirements.

* Enhance the borrower experience by reducing the documents borrowers have to provide, which could increase the chances of securing borrowers' business.

* Achieve Day 1 Certainty® through relief from representation and warranties when income, employment, and/or asset information is validated, which may increase loan quality and reduce repurchase risk.

"With DU, lenders can now get even more benefits from using a single 12-month asset report," said Peter Skarnulis, Fannie Mae Vice President, Business Account Management Solutions. "We continue to look for ways to help lenders streamline their validation processes and improve the borrower experience, and this latest enhancement helps them do just that."

In addition, lenders may increase the number of borrowers that receive an Approve/Eligible recommendation in DU by assessing eligibility through rent payment identification and a cash flow assessment.

"We're constantly looking for ways to innovate in the underwriting space," said Mark Fisher, Fannie Mae Vice President for Credit Risk Solutions. "Now, with a 12-month asset report, DU offers even more value than before, benefiting both lenders and borrowers."

Fannie Mae has established clear guidelines and resources to facilitate the onboarding of lenders into the program, ensuring a seamless transition to streamlined verification processes.

To get started, visit Fannie Mae's webpage, and submit the request form to begin the activation process: http://www.fanniemae.com/singlesource.

About Informative Research

Informative Research, a Stewart company, is a leading technology platform that delivers data-driven solutions to the lending community. The solutions provider currently serves mortgage companies, banks, and lenders throughout the United States. The company is recognized for streamlining the loan process with its straightforward service model, progressive solutions, and cutting-edge technology. To learn more, visit https://www.informativeresearch.com/.

CITATIONS:

[1] In a survey of pilot lenders, 50% saw some level of cost savings over their existing third-party report costs. Customer results may vary.

Related link: https://www.informativeresearch.com/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Business, Software

LenderLogix Announces POS Integration with Informative Research’s AccountChek to Enhance the Mortgage 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, announced the integration of AccountChek by Informative Research into its point-of-sale system LiteSpeed. This integration blends AccountChek's pioneering verification technology into LiteSpeed to seamlessly enhance the borrower experience and optimize the loan origination process to ensure a smooth experience for borrowers and users alike.

"Enhancing our clients' tech stacks with simple, digital-first tools is the foundation of our company's mission, and it's integrations like these that help us further that mission," said LenderLogix Co-Founder and CEO Patrick O'Brien. "By leveraging AccountChek's advanced verification capabilities, we can provide LOs with greater efficiency and accuracy, ensuring all parties experience the highest service standards."

AccountChek by Informative Research streamlines the lending process by providing advanced verification capabilities and seamless data integration for lenders and borrowers alike. With AccountChek's Verification of Assets (VOA), LenderLogix clients can expect enhanced efficiency and accuracy in the loan origination process, with VOA orders routed through the Encompass loan number and documents and data populating directly into the Encompass loan file. The VOA data will flow directly into the automated underwriting systems at the GSEs, allowing the lender seamless access to programs like Day 1 Certainty®, Asset and Income Modeler (AIM) and pre-close employment verifications.

"The integration of AccountChek into the LenderLogix LiteSpeed platform demonstrates our shared commitment to innovation and customer satisfaction while also enabling LenderLogix's clients to streamline the underwriting process by obtaining key verifications at the point of application," said Informative Research's Head of AccountChek Brian Francis. "We look forward to continuing our partnership to deliver impactful innovation to the mortgage lending community and help lenders advance their digital transformation efforts."

About Informative Research:

Informative Research, a Stewart company, is a leading technology platform that delivers data-driven solutions to the lending community. The solutions provider currently serves over 3,000 mortgage companies, banks, and lenders throughout the United States. The company is recognized for streamlining the loan process with its straightforward service model, progressive solutions, and cutting-edge technology. To learn more, visit https://www.informativeresearch.com/.

About LenderLogix:

LenderLogix leverages the four decades of firsthand mortgage origination and real estate experience of its executive team to design customized software and APIs to meet the needs of today's mortgage lenders. The company's suite of products addresses the speed at which today's real estate market moves by delivering technology solutions that create agile and informed borrowers, build strong referral partners and ultimately save lenders time and money. For more information, visit https://www.lenderlogix.com/.

RELATED LINKS:

https://www.informativeresearch.com/accountchek/

https://lenderlogix.com/litespeed-point-of-sale

Related link: https://www.lenderlogix.com/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Business, Software

MCT Releases Custom TBA Indications to Provide Price Discovery for Illiquid Coupons

SAN DIEGO, Calif. -- Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, today announced the release of pricing indications for the to-be-announced mortgage-backed securities (TBAs) used by mortgage lenders to hedge their open mortgage pipelines. TBA indications improve transparency in illiquid market segments and act as a key reference point on lenders' unique executions - critical data for generating accurate front-end borrower pricing.

"TBA indications can now be electronically requested ad hoc by mortgage lenders from multiple approved broker-dealers," said Phil Rasori, COO at MCT. "For the first time, lenders have a custom reference point to their own TBA execution rather than working solely from market-wide pricing that may not be applicable to them."

TBAs are the forward contracts on mortgage-backed securities used across the industry to hedge open mortgage pipelines against changes in interest rates during the origination process. With this latest development, MCT clients are able to make timely, on-demand pricing indication requests for specific coupons in the TBA market. This new price discovery is a significant benefit to mortgage lenders, since traditionally only the most liquid coupons are visible on standard market pricing reference tools.

"I needed pricing visibility on the GNMA 7.5% coupon, but there was no screen pricing available," said Nick LaClair, Pricing Strategy and Analytics Manager, AVP at Embrace Home Loans. "Being able to electronically request and receive these indications enabled me to navigate the illiquid segments of the market and produce more accurate pricing, allowing us to offer more pricing options to our customers in a very challenging environment."

MCT is proud to offer this new pricing service that is made possible through a technology licensing arrangement with leading fintech Agile Trading Technologies. Agile operates a request for quote (RFQ) platform that connects mortgage lenders with broker-dealers of all sizes.

Please contact MCT to learn more about how TBA indications help improve secondary market performance, at: https://mct-trading.com/contact/.

About MCT:

For over two decades, MCT has been a leading source of innovation for the mortgage secondary market. Melding deep subject matter expertise with a passion for emerging technologies and clients, MCT is the de facto leader in innovative mortgage capital markets technology. From architecting modern best execution loan sales to launching the most successful and advanced marketplace for mortgage-related assets, lenders, investors, and network partners all benefit from MCT's stewardship. MCT's technology and know-how continues to revolutionize how mortgage assets are priced, locked, protected, valued, and exchanged - offering clients the tools to perform under any market condition.

For more information, visit https://mct-trading.com/ or call (619) 543-5111.

RELATED LINKS:

https://trade-agile.com/

Related link: https://mct-trading.com/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Business, Regional Events, Software

Dark Matter Technologies unveils Horizon User Conference agenda

JACKSONVILLE, Fla. -- Dark Matter Technologies (Dark Matter), an innovative new leader in mortgage technology backed by time-tested loan origination software and leadership, today announced the agenda for its Horizon User Conference. Open to Dark Matter clients and partners, the conference will take place at the Fontainebleau Miami Beach Hotel on April 24-25, 2024.

Focusing on the "horizon" of mortgage lending and technology, the user conference features two days of networking events and sessions led by industry leaders and Dark Matter's team of mortgage technology experts.

Highlights from the Horizon User Conference agenda include:

* Preparing for a Brighter Future: Insights from Fannie Mae, Freddie Mac & the MBA

* AI Unleashed: Transforming Business in 2024

* Staying Secure: Navigating Cybersecurity Challenges ft. experts from AWS

* The Dark Matter Ecosystem: Empower, API, and the Portals - Today and plans for Tomorrow

"This year, we are thrilled to bring together the brightest minds in the industry at the Fontainebleau Miami Beach Hotel to share insights, foster innovation and shape the future of mortgage lending," said Dark Matter CEO Rich Gagliano. "Our carefully curated program is designed to empower our clients and partners with the knowledge, tools and connections needed to navigate the evolving landscape of mortgage technology. Together, we will dive deep into the challenges and opportunities that lie ahead, exploring how cutting-edge technology, strategic partnerships, and a commitment to excellence can transform the way we do business."

In addition to opening remarks from Gagliano, the conference will kick off with a welcome reception, and it will conclude with the Horizon Party, which will take place at Wynwood Walls, a street art museum renowned for its mural art.

Sponsors of the Horizon User Conference include CoreLogic, Docutech, Enact Mortgage Insurance, Equifax, Experian, First American Data & Analytics, Global Payments, Halcyon Still Water, Informative Research, KensieMae, Lenders One, Mortgage Guaranty Insurance Corporation, National MI, The Mortgage Collaborative and Wolters Kluwer. Exhibitors include ArchMI, Argyle, CoreLogic, DataVerify-Factual Data, DocMagic, Docutech, Newbold Advisors, Optimal Blue, Truework, Truv, Wolters Kluwer and Xactus.

To register for the event or for more information, please email Dark Matter Chief of Client Engagement, Tony Fox at tony.fox@dmatter.com.

About Dark Matter Technologies:

Operating with the nimble nature of a startup and the disciplined maturity of one of the industry's leading providers, Dark Matter Technologies delivers cutting-edge technology, unparalleled automation and relentless innovation to leading mortgage lenders and companies nationwide. For more information, visit https://www.dmatter.com/.

Related link: https://www.dmatter.com

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Business, Product Launches

ACES Quality Management Releases Call Monitoring Audit Pack to Enhance Mortgage Quality Control and Compliance Programs

DENVER, Colo. -- ACES Quality Management® (ACES), the leading provider of enterprise quality management and control software for the financial services industry, has announced its newest product offering, ACES Call Monitoring Audit Pack. The pre-built, configurable Call Monitoring Audit Pack enables lenders and servicers to establish an additional layer of protection quickly and seamlessly within their QC program. ACES Call Monitoring Audit Pack includes custom data fields, ACES managed questionnaires and custom reports configurable to the individual organizations' business needs.

"With the rise in higher escrow charges from insurance and property taxes, we expect banks and mortgage servicers will see an uptick in consumer calls, thus creating a clear need for a call monitoring tool as part of their overall quality control program," said ACES CEO Trevor Gauthier. "With so many guidelines to adhere to, a robust Call Monitoring program is critical to identifying where improvements are needed to protect your organization from regulatory and reputational risk."

Call Monitoring is essential to any substantial risk management program as required by the Consumer Financial Protection Bureau (CFPB) and under the Telephone Consumer Protection Act (TCPA), the Fair Debt Collection Practices Act (FDCPFA) and the Coronavirus Aid, Relief, and Economic Security (CARES) Act, as well as state-specific laws. While ACES users have always been able to perform call monitoring audits by leveraging ACES' robust customization capabilities, the new ACES Call Monitoring Audit Pack gives our customers a starting point to quickly and easily leverage the pre-built features. As part of the ACES technology ecosystem, ACES Call Monitoring Audit Pack comes pre-built with the necessary data fields, requirements, and reporting functions to make auditing seamless and will allow servicers to:

* Improve service quality and enhance the customer experience;

* Identify agent skill gaps as input for coaching and training needs;

* Increase productivity; and

* Ensure regulatory compliance to avoid high penalty fines.

"Given all the economic and environmental change in recent years, servicers have felt the brunt of it all. From COVID-19 to natural disasters, they have been on the frontlines of borrower communications. As regulators turn their attention to call monitoring to ensure consumer protection, at a minimum, servicers need to take action through QC tech to show regulators they are utilizing their resources effectively," added Gauthier.

To learn more about ACES Call Monitoring Audit Packs or schedule a demo, visit: https://www.acesquality.com/demo.

About ACES Quality Management:

ACES Quality Management is the leading provider of enterprise quality management and control software for the financial services industry. The nation's most prominent lenders, servicers and financial institutions rely on ACES Quality Management & Control Software® to improve audit throughput and quality while controlling costs, including:

* 60% of the top 50 independent mortgage lenders;

* 8 of the top 10 loan servicers;

* 11 of the top 30 retail banks; and

* 3 of the top 5 credit unions in the United States.

Unlike other quality control platforms, only ACES delivers Flexible Audit Technology, which gives independent mortgage lenders and financial institutions the ability to easily manage and customize ACES to meet their business needs without having to rely on IT or other outside resources. Using a customer-centric approach, ACES clients get responsive support and access to our experts to maximize their investment. For more information, visit https://www.acesquality.com/ or call 1-800-858-1598.

Related link: https://www.acesquality.com/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Awards and Honors, Business

Agile Selected as 2024 HousingWire Tech100 Winner for the Third Consecutive Year

PHILADELPHIA, Pa. -- Agile, a groundbreaking fintech bringing mortgage lenders and broker-dealers onto a single electronic platform, is excited to announce Agile Trading Technologies was selected for the 3rd consecutive year as a winner of the HousingWire Tech100 Award. The list is comprised of the most innovative technology companies in the housing market and provides housing professionals a look into the most impactful organizations that can be leveraged to identify partners and solutions.

Agile Trading Technologies pioneers a transformative approach to financial technology to create a better mortgage-backed securities (MBS) market through increasing liquidity and automation in TBAs, MBS pools, and AOTs. Agile replaces legacy phone and email processes with an electronic platform designed to help the mortgage asset class operate more efficiently and market participants thrive.

"Agile will continuously push the boundaries to create a better approach for mortgage-backed securities and TBAs," said Greg Vacura, President of Agile Trading Technologies, "The days of manual inputs and phone calls to multiple brokers will be automated to save time and money for all parties. We are honored to be recognized by HousingWire in our initiative for creating a more efficient capital market landscape."

Agile's mission is to unlock the potential of an electronic marketplace and grow its network of lenders and broker-dealers to efficiently interact with the market and their counterparties.

Agile's broker-dealer network now consists of 20 broker-dealers with access to a growing pool of mortgage lenders who trade TBAs. With easy electronic access to new clients and added volume, Agile's electronic RFQ platform and MBS pool bidding provides all broker-dealers on the platform with increased trading partners and requests, heightened granularity and speed, and an excellent client experience.

About Agile:

The industry's first MBS fintech, Agile brings together lenders and dealers of all sizes onto a single platform. Agile facilitates the exchange of TBA MBS by securing and automating communication between mortgage lenders and broker-dealers. Agile digitizes the historically phone-based process to an electronic platform which may improve profitability and efficiency, while reducing administrative errors. Through its competitive TBA RFQ digital platform, mortgage lenders gain access to national and regional broker-dealers previously inaccessible on digital platforms, while broker-dealers gain access to an ever-growing network of lenders. Based in Philadelphia, Agile Trading Technologies supports a national network of clients with a team of capital markets professionals who have deep trading experience at financial organizations of every size.

Learn more: https://trade-agile.com/

Related link: https://trade-agile.com/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Awards and Honors, Business

Dark Matter Technologies named to HousingWire’s Tech100 for innovation in loan origination technology

JACKSONVILLE, Fla. -- Dark Matter Technologies (Dark Matter), an innovative new leader in mortgage technology backed by time-tested loan origination software and leadership, today announced it has been named to HousingWire's 2024 Tech100 Mortgage list of companies shaping the future of the housing finance sector. HousingWire attributed the recognition to the cutting-edge technology behind the Empower(r) loan origination system (LOS), a comprehensive, bundled offering from Dark Matter that provides all-in-one mortgage origination functionality.

The Empower LOS takes a task-based approach rather than a linear approach to automating loan production, allowing multiple processes to run concurrently with minimal lender intervention. By tapping employees only as needed to manage exceptions, the Empower LOS streamlines origination workflows, resulting in significant time and cost savings for banks, credit unions and independent lenders.

"Our approach to innovation is tightly focused on helping lenders curb the runaway expense of loan origination," said Dark Matter CEO Rich Gagliano. "In the last 12 months, we've doubled down on our investments in automation, piloted new applications of artificial intelligence in the origination workflow, and opened up our API architecture to facilitate deeper collaboration with like-minded vendors. It's an exciting time in the evolution of the Empower LOS, and it's an honor to have that recognized by HousingWire with the Tech 100 award."

"One of the most exciting parts of my role at HousingWire is having a front-row seat to witness stunning innovation in mortgage and real estate," said Clayton Collins, CEO of HW Media. "HousingWire is dedicated to serving housing professionals with the full picture, and the full picture isn't complete without deep and insightful coverage and resources to help mortgage and real estate professionals uncover the innovators and solutions that drive growth and efficiency in the housing sector."

Since 2014, the HousingWire Tech100 has acknowledged impactful contributions to housing finance technology. View the full list of winners and read Dark Matter's company profile here: https://www.housingwire.com/company-profile/dark-matter-technologies/.

About Dark Matter Technologies:

Operating with the nimble nature of a startup and the disciplined maturity of one of the industry's leading providers, Dark Matter Technologies delivers cutting-edge technology, unparalleled automation and relentless innovation to leading mortgage lenders and companies nationwide. For more information, visit https://www.dmatter.com.

Related link: https://www.dmatter.com

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Awards and Honors, Business, mortgage secondary marketing technology, Optimal Blue

Optimal Blue Clinches 2024 HousingWire Tech100 Mortgage Award

PLANO, Texas -- Today, Optimal Blue announced its selection by HousingWire as a Tech100 Mortgage award winner. Now in its 12th year, HousingWire's Tech100 award program spotlights the most innovative and impactful tech organizations in housing.

"We are honored to be recognized by HousingWire for our end-to-end capital markets platform, which connects hundreds of thousands of individual lenders, investors, brokers and vendors across the primary and secondary mortgage markets," said Scott Smith, interim CEO at Optimal Blue. "Optimal Blue is continually investing in product innovation that enables our customers to operate more nimbly, efficiently and profitably, while at the same time growing our bench of experienced industry advisors and services staff."

Optimal Blue is an undisputed leader in mortgage secondary marketing technology, facilitating more than $1.1 trillion in mortgage locking and trading transactions annually. Its technology and data solutions are relied on by thousands of lenders and brokers, and hundreds of investors, as well as government agencies, think tanks, and others. The company's solutions are used by 68% of the top 500 mortgage lenders in the U.S.

Optimal Blue continues to invest in its market-leading position with a focus on enhanced user experience, cloud-first and cloud-native technology, world-class mobile solutions, and premier workflow, rules, and compliance technology.

"The technology capabilities and solutions that this year's Tech100 winning organizations have developed are an absolute testament to the relentless innovation within the real estate and mortgage technology landscape," HW Media Editor-in-Chief Sarah Wheeler said. "These past few years have been transformative for the industry and these honorees are continuing to bring long-awaited solutions to the challenges that mortgage and real estate professionals have struggled with for decades. Congratulations to all the deserving winners for their outstanding contributions to our ever-evolving industry."

About Optimal Blue:

Optimal Blue is a market leader in mortgage secondary marketing technology. The company facilitates transactions among mortgage market participants through its Marketplace Platform, actionable data, and technology vendor connections. The platform supports a range of functions for originators and investors to automate and optimize core processes related to product, pricing, and eligibility, hedge analytics, MSR valuation, loan trading, social media compliance, and counterparty oversight. The company's premier products are used by 68% of the top 500 mortgage lenders in the U.S.

For more information on Optimal Blue's end-to-end secondary marketing automation, visit http://www.optimalblue.com/.

Related link: https://www2.optimalblue.com/

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