Feb, 22
2023
Business, Free News Articles, Product Launches

LenderLogix launches LiteSpeed point of sale system to address the needs of small to mid-sized mortgage lenders

BUFFALO, N.Y. -- LenderLogix, a leading provider of mortgage automation software and application programming interfaces (APIs), today announced the launch of LiteSpeed, a streamlined point-of-sale (POS) system designed for small to mid-sized lenders. LiteSpeed delivers lenders the essential POS functionality they need to compete in today's digitally-driven market at a lower cost and without significant investment in the implementation and internal support larger platforms require.

"Many of the POS platforms on the market today function as a second loan origination system in disguise in terms of features, architecture and required upkeep, effectively putting them out of reach for the majority of the market," said LenderLogix Founder and CEO Patrick O'Brien. "We knew there had to be a better, more efficient, and certainly more cost-effective way to manage the loan application process, so we created LiteSpeed to deliver pragmatic POS functionality at a price point that makes sense for the average mortgage lender."

LiteSpeed was strategically and intentionally designed to provide borrowers with a simple, yet amazing user experience. The white-labeled platform guides borrowers through singular, auto-advancing application questions using animated iconography and dynamic messaging. Once the application is complete, borrowers are immediately presented a customized needs list, a secure document upload link and more from their selected loan originator.

"This type of high-touch early engagement is essential and shouldn't be hidden within an app or behind a login screen," O'Brien added. "As a result of this early engagement, lenders can increase lead capture and conversions while delivering a consistent brand identity across branches and teams - all while providing executives with more granular insight into marketing and sales performance."

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/.

MEDIA QUERIES:
Contact Depth Public Relations
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Related link: https://www.lenderlogix.com/

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

Feb, 15
2023
Business, Free News Articles, Regional Events, Software

ACES Quality Management Taps Mortgage and Financial Services QC/Risk Experts to Headline 2023 ACES ENGAGE

DENVER, Colo. -- ACES Quality Management® (ACES), the leading provider of enterprise quality management and control software for the financial services industry, has announced its speaker lineup for the upcoming ACES ENGAGE conference, taking place at the historic Broadmoor Hotel in Colorado Springs, May 17 - 19, 2023.

ACES has carefully curated this year's ACES ENGAGE lineup to provide attendees the opportunity to learn from industry experts and thought leaders. 2023 ACES ENGAGE Speakers to include: the Mortgage Bankers Association's Chief Economist and Senior Vice President Michael Fratantoni, Ballard Spahr Partner and Mortgage Banking Group Practice Leader Richard J. Andreano, Jr., Fannie Mae's Senior Director in Single Family Risk Loan Quality Candace Kubida and keynote speaker Jeff Evans, an adventurer and expedition leader.

"Last year's ACES ENGAGE event was a huge success, and we strive to make each year even better. We are confident this speaker lineup will help attendees expand both personally and professionally," ACES CEO Trevor Gauthier said. "With fraud up nearly 20% and the cost of corrections rising, lenders need to shore up their defenses. ACES ENGAGE will leave attendees with a deeper understanding of proactive quality assurance and compliance and strategies to protect loan quality and mitigate risk."

ACES ENGAGE will offer a mix of general session presentations, panel discussions and social activities. Attendees have the opportunity to learn from industry experts and thought leaders, network and leave with the knowledge necessary to increase efficiencies, improve productivity and further quality at their organizations.

Register to attend ACES ENGAGE and learn more at https://www.acesquality.com/aces-engage-2023

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

* 1 of the top 3 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

Feb, 15
2023
Business, Free News Articles, Software

TrustEngine launches lending’s most comprehensive borrower intelligence platform (BIP)

OWINGS MILLS, Md. -- Sales Boomerang and Mortgage Coach today announced their union under the new name TrustEngine™, an identity that embodies the merged organization's vision to help lenders drive undeniable value as clients' trusted financial advisors. The name also reflects the brand's heritage as a trusted service provider to mortgage lenders for more than a quarter-century. The new name takes effect immediately and coincides with the beta release of the TrustEngine Borrower Intelligence Platform, a solution that wraps around the entire mortgage tech stack to drive volume by identifying loan opportunities and engagement strategies tailored to each borrower's needs.

Described by HousingWire as "the most essential addition to the mortgage tech stack since the advent of the loan origination system," borrower intelligence platforms (BIP) are rapidly gaining traction as a mandatory technology for modern mortgage lenders. By far the most comprehensive BIP on the market today, the TrustEngine Borrower Intelligence Platform drives increased loan applications, customer loyalty and team performance by collecting, enhancing and analyzing borrower data; prescribing actionable borrower opportunities; pacing opportunity delivery; guiding compelling borrower and loan officer interactions that convert; and providing comprehensive performance measurement and refinement.

"We are thrilled to debut our new name and our Borrower Intelligence Platform on the same day," said CEO Rich Harris. "This groundbreaking solution will help lenders become lifelong champions for borrowers by gaining access - for the first time in history - to the kind of world-class customer intelligence leveraged by global leaders like Apple, Microsoft and Amazon."

The TrustEngine Borrower Intelligence Platform goes beyond standard alerts and triggers, offering deep behavior analysis to generate granular borrower segments and predict mortgage loan needs, facilitating more relevant borrower outreach. And, unlike any other solution on the market today, the TrustEngine Borrower Intelligence Platform equips mortgage advisors with proven scripts and dynamically generated presentations that show borrowers their best loan options based on their unique financial situation, credit profile and life stage. Moving far beyond transactional offers, the platform prepares loan officers to have strategic discussions, transforming lenders from purveyors of price to providers of advice to drive more applications and close more loans.

Compatible with every lender tech stack, TrustEngine magnifies the value of existing loan origination systems (LOS), customer relationship management (CRM) platforms and marketing automation tools. Moreover, the TrustEngine Borrower Intelligence Platform automatically measures conversion at the branch and individual level across various loan types and borrower outreach strategies, driving continuous process improvement over the life of the platform. Learn how the TrustEngine Borrower Intelligence Platform can transform your business.

About TrustEngine:

More than 200 independent mortgage companies, credit unions, banks and brokers depend on TrustEngine's innovative solutions to unlock additional loan opportunities, increase conversion and strengthen customer loyalty through individualized, data-driven engagement and education. With Sales Boomerang's intelligent alerts, lenders always know when a past customer or prospect is ready and credit-qualified for a loan. Award-winning loan presentations from Mortgage Coach equip lenders to deliver a consultative home financing experience that encourages faster, more informed loan decisions.

New in 2023, the TrustEngine Borrower Intelligence Platform (BIP) combines the best of both flagship products with world-class data analysis and segmentation, sophisticated probability and profitability modeling, intelligent loan pacing and routing, compelling borrower interactions and ongoing performance evaluation and optimization to deliver a category-leading solution that enhances lenders' existing technology investments and puts data in the driver's seat of every customer engagement.

For a closer look at how TrustEngine turns loan officers into trusted mortgage advisors, visit https://www.trustengine.com/.

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

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

Feb, 14
2023
Business, Free News Articles, Software

Barr Group Mortgage Closes First eNote Transaction through Click n’ Close’s non-delegated correspondent eNote program

ADDISON, Texas -- Click n' Close, a multi-state mortgage lender serving consumers and mortgage originators through its wholesale and correspondent channels, announced that Alabama-based mortgage banker Barr Group Mortgage has completed the first eNote transaction through Click n' Close's non-delegated correspondent eNote program. Entities participating in the transaction include the registration of the eNote on the MERS® eRegistry (the mortgage industry's approved eNote system of record), Ameris Bank as Barr Group Mortgage's warehouse lender and DocMagic as the eClosing and eVault tech provider.

"We have been blown away by the non-delegated correspondent eNote process offered by Click n' Close," said Elizabeth Moore, Chief Operations Officer at Barr Group Mortgage. "Working with Ameris Bank's warehouse division SVP Jill Gainer helped ensure the set-up process was straightforward, and our first two loans were purchased the day after closing. Using eNotes has eliminated the need for allonges, overnight shipping costs, note corrections and chasing down lost notes."

Through the eNote program, non-delegated correspondents can decrease turn times on their warehouse line to 48 hours or less, ultimately saving them money in the form of reduced interest charges and enabling them to turn over their warehouse lines far more frequently. Click n' Close has established partnerships with multiple warehouse lenders, such as Ameris Bank, to expand warehouse line access to qualified program participants previously financially ineligible for these lines of credit. The approval process for program participants captures most of the relevant financial statements and insurance exhibits requisite to the warehouse approval process, thus materially accelerating the warehouse approval timeline.

"We are thrilled to have our first eNote executed in such efficient timing - less than three weeks from application to closing - and with such renowned partners," said Click n' Close Owner and CEO Jeff Bode. "Our non-delegated correspondent eNote program provides emerging mortgage bankers with a tremendous opportunity to incorporate incredible agility and operational efficiencies into their business from the get-go and enables them to differentiate themselves with their customers, as well as their title and real estate partners, through a convenient digital closing experience."

As Click n' Close's primary technology partner, DocMagic played an integral role in the success of this first transaction. Total eClose is DocMagic's comprehensive eClosing system that provides everything necessary for a paperless eClosing. DocMagic's powerful end-to-end technology provides an intuitive interface that all participants - lenders, settlement service providers, notaries and borrowers - can use immediately, without a steep learning curve.

"Every lender is on the path to digital with the goal of closing electronically and delivering eNotes into the secondary market, but there are many challenges facing smaller lenders," said Brian D. Pannell, Chief eServicing Executive at DocMagic. "Click n' Close, a long-time client, had been seeking a way to support their correspondent lenders who don't have the resources nor the relationships to support conducting transactions with eNotes. We're proud to have been part of their solution."

To learn more about Click n' Close's non-delegated correspondent eNote program, contact Kerry Webb at kerry.webb@clicknclose.com. For existing clients, contact your Click n' Close account executive to find out how your warehouse lender can participate.

About DocMagic:

DocMagic, Inc. is the leading provider of fully compliant document generation, automated compliance, eSignature and comprehensive eMortgage solutions for the mortgage industry. Founded in 1987 and headquartered in Torrance, Calif., DocMagic, Inc. develops award-winning software, mobile apps, and web-based systems for the production and delivery of compliant loan document packages. The company's solutions connect industry participants, promote collaboration, and ensure data integrity to execute precision-based digital lending transactions. The company's compliance experts and in-house legal staff consistently monitor legal and regulatory changes at both the federal and state levels to ensure accuracy. For more information on DocMagic, visit https://www.docmagic.com/.

About Click n' Close, Inc.:

Click n' Close, Inc., formerly known as Mid America Mortgage, is a multi-state mortgage lender serving consumers and mortgage originators through its wholesale and correspondent channels and is also the nation's leading provider of Section 184 home loans for Native Americans. In operation since 1940, Click n' Close has thrived by retaining its entrepreneurial spirit and leading the market in innovation, including its adoption of eClosings and eNotes.

Combining this culture of innovation with a risk management mindset enables Click n' Close to deliver new products to market that address the challenges facing both borrowers and third-party originators (TPOs). These innovations include its USDA one-time close construction loans, proprietary down payment assistance (DPA) program and reverse mortgage division. Its direct relationships with Fannie Mae, Freddie Mac, Ginnie Mae and private investors afford Click n' Close direct access to the capital markets, thus ensuring maximum liquidity for its product innovations. By servicing its loan programs in-house, Click' n' Close provides its wholesale and correspondent partners with an additional level of certainty regarding loan salability and superior borrower service over the life of the loan.

Learn more at https://www.clicknclose.com/.

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

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

Feb, 07
2023
Alliances and Partnerships, Business, Free News Articles, Manufacturing, Software, Sports and Activities

After, Inc. Partners with ENVE to Offer a Seamless Registration Process to its Dealers and Customers

NORWALK, Conn. -- After, Inc. announced today that ENVE (enve.com) will utilize QuickReg® to provide a seamless post-sale registration experience to its dealers and customers. ENVE Composites designs, manufactures, and markets handmade carbon fiber bicycle rims and components, and custom bikes (through its premium dealer network) and is highly respected amongst professional riders and biking enthusiasts for its engineering, innovation and customer service and support.

"Our partnership with ENVE has been really collaborative, as we share the same focus on customer service excellence," says Nate Baldwin, CEO of After, Inc. "The ENVE team came to us with a desire to improve their product registration process and better know their end customers. We proposed a solution that would aggregate and match order data, shipping data, and data from ENVE's customer and dealer portals in real-time, automatically pre-register them, and send the registration data back to the portals. The solution incorporates our QuickReg® platform - combined with a customized AI-driven matching algorithm and decades of database integration and cleansing expertise - to deliver the ideal solution."

"We couldn't be more thrilled about working with After, Inc. Their knowledge of the post-sale lifecycle from registration to repurchase is unsurpassed," says Jake Pantone, VP of Product & Brand, Enve Composites. "We shared our goals for a more automated registration solution that could drive higher registrations and ongoing customer engagement - and After, Inc. did not disappoint. We can't wait to roll this solution out to our dealers and customers in the next few weeks."

About After, Inc.

After, Inc. ( https://www.afterinc.com/ ) is a pioneer in the post-sale services industry. Since 2005, we have helped some of the world's top brands transform their businesses after the point of sale. Our post-sale services drive higher customer satisfaction, product reliability, and brand equity, lower claims costs, and additional revenue and profit opportunities.

QuickSuite - our customer experience technology - is a modular set of SaaS platforms, designed to work together to help manufacturers, TPAs, and e-commerce sellers build deeper relationships with their customers across the post-sale lifecycle. The suite includes: QuickReg®, QuickCover®, QuickClaim®, QuickInsight®, and QuickRenew®.

Headquartered in Norwalk, CT, After, Inc. is part of Galway Holdings, a diversified financial services distribution company with a focus on data analytics, technology transformation, and innovative risk sharing solutions.

About ENVE Composites

Located in Ogden, Utah, and owned by Amer Sports ( https://www.amersports.com/ ), a sporting goods company with internationally recognized brands including Salomon, Arc'teryx, Peak Performance, Atomic, Suunto and Wilson, ENVE Composites is a manufacturer of handmade carbon fiber bicycle rims and components. At ENVE, people are more than riders. They are risk takers, engineers, and innovators, driven by their love of cycling. They are a dynamic collection of skilled individuals that create the world's most sought-after carbon fiber products. Partnering with the prominent frame builders of our time and the world's best athletes, ENVE combines industry leading technology with world-class athlete feedback to provide their customers with the ultimate in lightweight, stiffness and durability.

Established in 2007 from a desire for a better ride, ENVE strives to deliver consumers products without compromise. ENVE designs and manufactures 100% of their rims in their Ogden, Utah, USA facility.

Related link: https://afterinc.com/

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

Feb, 07
2023
Business, Free News Articles, Product Launches, Software

MonitorBase Launches Instant Inquiry Alerts to Help Lenders Capture More Opportunities

MURRAY, Utah -- MonitorBase, a mortgage fintech company that monitors prescreened credit information and real-time behavioral data to alert lenders when one of their contacts is in the market to purchase or refinance a home, today announced the launch of instant credit inquiry alerts for their mortgage lender clients. As part of the MonitorBase platform, the new feature alerts loan officers within minutes of a contact in their database has a mortgage credit pull with a competitor and instantly generates a credit offer email without the loan officer needing to take additional action.

The largest banks have historically had better access to data technologies and relentless call center teams, which often leaves smaller mortgage lenders and brokers on the losing end of the technology, without access to the tools to defend their database and clients. MonitorBase's new, proprietary instant trigger alerts means smaller lenders, regional banks and even single brokers now possess the same type of powerful relationship retention technology that was formerly available only to big banks. By providing instant alerts and credit offers, the new feature helps loan officers re-engage past relationships before they are inundated with solicitations from other lenders.

"We are thrilled to offer this new instant inquiry alert technology to our clients so they never miss a potential sales opportunity," said MonitorBase CEO Louis Zitting. "Finally, even the smallest mortgage lenders can know the minute a client or partner is in the market for financing, and 24 hours before lead sellers send that information to hundreds of other lenders. At a time when origination volumes are down across the board, being 24 hours ahead of the competition will mean everything."

According to MonitorBase Vice President of Business Development William LeBaron, mortgage trigger leads are a challenging endeavor because they often prompt multiple mortgage lenders to blow up the phone of the prospect or past client.

"No one wants to be inundated with mortgage offers every time they experience a slight improvement in their credit or make a single inquiry," LeBaron said. "Unfortunately, smaller mortgage lenders, solo shops, and brokers face the greatest consequences when this occurs because they can potentially lose a client to a big bank. But by giving them a head start, our instant inquiry alerts place loan officers in a much better position than their competition."

Believing that every contact matters, the company is committed to helping retail loan officers find new loan opportunities in their existing contact databases so that lenders of any size are in the best position to serve their clients.

About MonitorBase:

Since 2007, MonitorBase has been the mortgage industry's leader in database retention technology. Our commitment to helping retail loan officers find loans in their contact database has been unparalleled for nearly two decades. No matter what size lender, broker, bank, or credit union, our mission is to provide the retail loan officer the most powerful toolsets to turn their contacts and relationships into closed loans. That is why we believe Every Contact Matters. MonitorBase was founded in 2007 by Louis Zitting and is based in Murray, Utah.

For more information, visit https://www.monitorbase.com/.

Related link: https://ww3.monitorbase.com/

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

Feb, 03
2023
Awards and Honors, Business, Free News Articles, Real Estate

Percy CEO Charles Williams honored as RISMedia 2023 Real Estate Newsmaker for the second consecutive year

NASHVILLE, Tenn. -- Percy, maker of market intelligence-driven client engagement tools for real estate brokers and mortgage lenders, today announced that CEO Charles Williams has been named an RISMedia 2023 Real Estate Newsmaker. Williams was honored in the Futurist category for innovation in the property technology (proptech) field that has enabled real estate brokerages to close more deals and strengthen client relationships.

The Real Estate Newsmakers award program recognizes housing leaders who have made newsworthy contributions to the real estate industry and have positively impacted the communities they serve. RISMedia editors named six categories of winners: Influencers, Trailblazers, Futurists, Achievers, Crusaders and Luminaries. In 2022, Williams was recognized in the Influencer category.

"It's always so inspiring to see the incredible accomplishments of so many real estate professionals around the country, and this year's group of 2023 Newsmakers takes that concept to a whole new level," said John Featherston, founder, CEO and publisher of RISMedia. "From the creativity and innovation being implemented through our changing times, to industry records being broken, to the wonderful charitable work being done across the nation, we continue to be amazed by the ingenuity and success of these real estate professionals, over 300 of whom we are honoring on our sixth year of publishing Real Estate Newsmakers."

"As a third-generation real estate professional, I've witnessed firsthand the hoops that real estate agents jump through to identify high-intent home buyers and sellers. That's why my strategic vision for Percy centers on demystifying the time-consuming process of cultivating and converting leads," said Williams. "Receiving RISMedia's Newsmaker award for the second consecutive year strengthens my resolve to empower the real estate industry with state-of-the-art tools that harness the power of behavioral data to drive revenue."

RISMedia will honor 2023 Real Estate Newsmakers at a September 6 event held in conjunction with its 2023 CEO & Leadership Exchange. The complete list of 2023 Real Estate Newsmakers can be viewed in RISMedia's online directory or in the February issue of Real Estate magazine.

About Percy:

Percy leverages the power of housing market intelligence to help real estate brokers and mortgage lenders close more deals and build lifelong client relationships. With fully customized web pages and interactive dashboards that hook clients on homeownership data and proprietary market insights for housing professionals, Percy positions brokers and lenders as trusted advisors in the homeownership journey. More than 150 U.S. real estate brokers, including nine of the top 10 brokerages, rely on Percy to differentiate themselves with data. To learn more about Percy, visit https://percy.ai/.

About RISMedia:

For more than 40 years, RISMedia has provided the residential real estate industry with news, trends and business development strategies through its flagship publication, Real Estate magazine; its leading website, RISMedia.com; its premium content channel, Premier; its award-winning Housecall blog; and its iconic networking and educational events, including RISMedia's virtual Real Estate's Rocking in the New Year; RISMedia's CEO Exchange; RISMedia's Power Broker Forum, Reception & Dinner; and RISMedia's Newsmakers Reception & Dinner. Through RISMedia's content programs - including ACE, a turn-key social media content system - real estate professionals share thousands of articles, infographics and videos each day created by RISMedia editors and contributors, helping them influence hundreds of thousands of consumers as they consider buying and/or selling a home. Visit RISMedia.com, RISMedia's Premier, and ACESocial for more information.

Related link: https://percy.ai/

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

Jan, 24
2023
Business, Free News Articles, Software

MCT First to Integrate with Freddie Mac’s Income Limits API

SAN DIEGO, Calif. -- Mortgage Capital Trading, Inc. (MCT®), a leading mortgage hedge advisory and secondary marketing software firm, is pleased to announce it is the first secondary marketing platform to integrate with Freddie Mac's Income Limits application programming interface (API) created for the first-time home buyer area median income (AMI) limits. Income Limits allows for the accurate pricing of Credit Fee in Price (Exhibit 19, or "Credit Fees") waivers. This is the latest in a series of successful API integrations between MCT and Freddie Mac, and helps promote both pricing transparency and housing affordability.

The API, a critical technological advancement for AMI-based pricing, allows the connecting party (either a lender or Secondary Markets Advisor (SMA)) to send income information and the property address through the API to return an answer on whether the borrower qualifies for the Credit Fees waiver. The API provides a more accurate confirmation than can be derived with a ZIP code estimation. The Credit Fees waiver is based on borrower income being less than 100% of AMI, and the API can also confirm whether the subject property is in a high-cost county, which allows for 120% of AMI. Other Duty to Serve elements are supported in this API, including rural and high needs rural areas.

"Freddie Mac continues to be incredibly responsive from a service standpoint for lenders and vendors, as well as from a capital markets technology standpoint," said MCT COO, Phil Rasori. "Freddie Mac values relationships and rapid innovation, both of which have become more critical with affordability issues, due to high interest rates and home prices plaguing the mortgage industry despite the robust credit profiles of potential borrowers."

As a refresher, a borrower's annual qualifying income must be less than or equal to 80% of the AMI for the location of the mortgaged premises for the loan to be eligible under Freddie Mac Home Possible®, Freddie Mac's flagship mortgage product. For Freddie Mac Refi PossibleSM mortgages, the borrower's annual qualifying income must be less than or equal to 100% of the AMI for the location of the mortgaged premises for the loan to be eligible. The Federal Housing Finance Agency (FHFA) directive included a key piece on Credit Fees waivers for first-time home buyers in cases where borrower income was less than or equal to 100% of AMI in the subject property census tract or 120% of AMI for high-cost areas.

Previously, price differences and best execution were difficult and tedious to calculate for lenders, as the MSA census tract (which goes within the ZIP code) for the given property address had to be geocoded into the loan file. The AMI API returns eligibility automatically from Freddie Mac's database after the subject property address and borrower income are entered, enabling lenders to accurately price Credit Fees waivers. This API is the latest in a series of enhancements to pricing, benefitting and incentivizing borrowers at a time when affordability in the housing market has waned.

MCT thanks Freddie Mac for bringing the Income Limits API to market in its Developer Portal, enabling MCT to be the first secondary market platform to put this API into production. As the most active user of the API, MCT is happy to offer this technology to clients, allowing for more accurate and transparent pricing which ultimately passes through to the borrower.

About MCT:

Founded in 2001, Mortgage Capital Trading, Inc. (MCT) has grown from a boutique mortgage pipeline hedging firm into the industry's leading provider of fully integrated capital markets services and technology. MCT offers an array of best-in-class services and software covering mortgage pipeline hedging, best execution loan sales, outsourced lock desk solutions, MSR portfolio valuations, business intelligence analytics, mark to market services, and an award-winning comprehensive capital markets software platform called MCTlive! MCT supports independent mortgage bankers, depositories, credit unions, warehouse lenders, and correspondent investors of all sizes. Headquartered in San Diego, California, MCT also has offices in Philadelphia, Healdsburg, and San Antonio. MCT is well known for its team of capital markets experts and senior traders who continue to provide the boutique-style hands-on engagement clients love.

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

Media Contact:

mct@fullyvested.com

RELATED LINKS:

https://guide.freddiemac.com/app/guide/exhibit/19

https://mct-trading.com/software/freddie-mac-integrations-for-mutual-clients/

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

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

Jan, 19
2023
Business, Free News Articles, Software

Nomis Solutions Elevates Johnathan Bant to Head of Client Relations for Financial Services Market in Canada

TORONTO, Ontario -- Nomis Solutions (Nomis), the leading provider of end-to-end pricing lifecycle management technology, announced industry veteran Johnathan Bant will serve as Head of Client Relations for Canada. In this role, Bant is responsible for leading Canadian engagements across Nomis' client portfolio as well as non-customer financial institutions (FIs) across the country.

Over the last 10 years, Bant has held several leadership positions within Nomis. Most recently, Bant was the vice president of consulting for the Canada region. In this role, he oversaw Nomis' Canadian client senior relationships and solution engagements to ensure Nomis' clients' continued success. After six years of success in this role, Bant has transitioned to Head of Client Relations for Canada.

"John is extremely respected amongst Canadian financial services firms for his market knowledge and his knack for listening and helping customers achieve their objectives," said Greg Demas, president of Nomis Solutions. "He is deeply rooted in Nomis' history and serves as a model for what a customer-first mentality looks like. We are thrilled to have him lead client relations across the Canadian financial services market and look forward to what he can achieve in this elevated role."

Bant possesses more than 25 years of banking experience in Canada, covering retail, insurance and wealth management at companies such as FICO, JPMorgan Chase, Experian Canada and Equifax Canada. He graduated from Ryerson University with a Bachelor of Business Administration and earned his Master of Business Administration from McMaster University.

About Nomis Solutions:

Nomis Solutions delivers the most comprehensive and integrated solution for setting, managing and executing price in an iterative and customer-centric system. Nomis is the consumer banking industry's leading software platform capable of standing up to complex bank analytical objectives while also delivering intelligent, data-driven, omnichannel customer experiences.

While the company offers an integrated suite of solutions, its powerful collection of APIs allows individual modules to meet each financial institution where they are in their pricing journey to help differentiate and grow their brands by developing relationships with customers that are both individualized and profitable.

To learn more, visit https://nomissolutions.com/.

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

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

Jan, 18
2023
Business, Free News Articles, Software

ACES Quality Management expands client base by 22% in 2022

DENVER, Colo. -- ACES Quality Management® (ACES), the leading provider of enterprise quality management and control software for the financial services industry, announced the company had record growth increasing its client base by 22% amidst significant market volatility. The company also made numerous updates to its ACES Quality Management & Control® software and its free Compliance NewsHub resource, in addition to launching its inaugural ACES ENGAGE conference.

"2022 was an extremely challenging year for mortgage and financial services professionals, and with the decline in mortgage originations and other pressing economic factors, it was encouraging to see lenders and financial institutions continuing to invest in loan quality and risk mitigation," ACES CEO Trevor Gauthier said. "Given that the challenges we faced in 2022 are expected to extend into 2023, protecting the integrity and liquidity of the assets mortgage lenders and financial institutions are able to produce in today's market is more critical than ever. At ACES, we strive to support mortgage origination, consumer lending, loan servicing and wealth management and more through our robust quality management and control platform and serve as a resource so that all lenders - not just our clients - can keep loan quality and compliance at the forefront of their operations."

ACES launched a new compliance-driven oversight process for ACES CONNECT users via a role-based permission system. Launched last year, ACES CONNECT provides users with the ability to self-remediate audit findings, access reporting and trending data, review audit documents and manage corrective action plans in coordination with their organization's risk department. In addition, ACES CONNECT allows users to have access to the ACES quality control (QC) reporting to provide easy-to-view analytics for senior management along with any designated third parties. ACES was also among the first to update its reporting library within ACES Quality Management & Control software to align with Fannie Mae's reporting recommendations.

In May 2022, ACES ENGAGE brought the nation's top financial services quality management professionals together to discuss industry trends and best practices. ACES ENGAGE will take place again this May in Colorado Springs.

The organization also continued to make efforts to give back through ACES CARES. Established in 2018, ACES CARES encourages employees to make a positive difference in the community through volunteering, outreach and financial contributions to charities and causes close to their hearts. In 2022, the ACES team donated over 1,181 hours of paid and unpaid volunteer hours. Since the program's inception, ACES Quality Management and its staff have donated a total of $33,750 to 58 organizations. ACES CARES offers a dollar-for-dollar match of employee donations to U.S.-registered 501(c)(3) charitable organizations of their choice, the program also supports employees' wellness and community involvement programs.

Additional 2022 achievements for ACES include:

* Producing its free quarterly Mortgage QC Trends Report;

* Executive Vice President of Operations Sharon Reichhardt being named a 2022 HousingWire Insider;

* Presence on HousingWire magazine's 2022 Tech100 Mortgage list;

* Enhancing visibility of question codes within ACES Managed Questionnaires;

* Releasing a new servicing-focused multi-answer managed questionnaire and

* Published 3600 changes and additions to ACES Managed Questionnaires and

* Added and reviewed over 950 articles to the ACES Compliance NewsHub along with close to 200 calendar items.

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

* 1 of the top 3 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 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

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