FinTech
Matic CEO Aaron Schiff Named 2018 HousingWire Rising Star
SHERMAN OAKS, Calif. — Matic, a digital insurance agency whose technology enables borrowers to purchase homeowner’s insurance during the mortgage transaction, announced today that company co-founder and CEO Aaron Schiff has been recognized as a HousingWire Rising Star….
ARMCO Enhances Automation and Analysis in ACES Audit Technology
POMPANO BEACH, Fla. — ACES Risk Management (ARMCO), the leading provider of enterprise financial risk mitigation software solutions, has announced several product enhancements that improve the mortgage quality control (QC) process for lenders and servicers using its auditing platform ACES Audit Technology(TM)….
Phil Laren of MCT to Speak on MSR Liquidity Challenges Panel Session at MBA National Secondary Conference
SAN DIEGO, Calif. — Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that its Director of MSR Services, Phil Laren, will be speaking on a panel at the MBA National Secondary Market Conference & Expo held on May 21 at the New York Marriott Marquis….
American Banker Magazine Names Mortgage Capital Trading to Inaugural Best Places to Work in Fintech List
SAN DIEGO, Calif. — Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that American Banker magazine named the company to its new Best Places to Work in Financial Technology list. MCT ranked number four out of only 20 companies that were honored….
LBA Ware Appoints Mortgage Technology Specialist Diana Sheffer as Solutions Consultant
MACON, Ga. — LBA Ware, a leading provider of automated compensation software and systems integration solutions for mortgage lenders, announced it has hired Diana Sheffer as a solutions consultant to support the company’s sales and product implementation efforts. In this role, Sheffer will apply her 18 years’ experience in mortgage lending and technology consulting to connect LBA Ware’s clients with best-fit systems integration and process automation solutions to enhance performance-driven organizational growth….
Ascend Federal Credit Union Automates its Residential Mortgage Lending Business with OpenClose’s LenderAssist LOS and DecisionAssist PPE
WEST PALM BEACH, Fla. — OpenClose, an industry-leading multi-channel loan origination system (LOS) and mortgage fintech provider, announced that Ascend Federal Credit Union (Ascend) is leveraging its LenderAssist(TM) LOS platform and DecisionAssist(TM) product and pricing engine (PPE). OpenClose’s completely browser-based solution has delivered additional efficiencies and heightened service levels for the credit union’s growing mortgage lending division….
IDS, Inc. Advises Mortgage Lenders to Address UCD Warnings Prior to June 25 Deadline
SALT LAKE CITY, Utah — Mortgage document preparation vendor, International Document Services, Inc. (IDS), has announced it is advising all lenders to begin troubleshooting warnings from Fannie Mae and Freddie Mac’s Uniform Closing Dataset (UCD) portal regarding missing information in their UCD files. Effective June 25, 2018, the GSEs will fire a fatal edit in their Loan Delivery systems if the UCD status is “Not Successful” or a UCD was not submitted. (UPDATED)…
Deutsche Bank Implements DocMagic’s eVault Technology
TORRANCE, Calif. — DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that Deutsche Bank has successfully implemented and is actively utilizing its proprietary eVault technology….
Mortgage Technology Industry Veteran Tom Rice Joins OpenClose as Vice President Enterprise Account Executive
WEST PALM BEACH, Fla. — OpenClose, an industry-leading multi-channel loan origination system (LOS) and mortgage fintech provider, announced that long-time industry veteran Tom Rice has joined its growing sales team. Mr. Rice has experience with multiple LOS platforms as well as other enterprise-class mortgage technology solutions. He will be responsible for covering the West Coast territory….
New Mobile App from Cloudvirga Connects Real Estate Agents with Loan Officers on Its Digital Mortgage Platform
IRVINE, Calif. — Cloudvirga(TM), a leading provider of digital mortgage point-of-sale (POS) software whose enterprise technology is powered by the intelligent Mortgage Platform(r), today announced the launch of a new mobile app that will enable real estate agents to collaborate with mortgage loan officers in real time. This native mobile app allows instantaneous and secure exchange of loan documents and communication between real estate agents and loan teams for a faster, more efficient mortgage experience….