Business, Free News Articles

Mortgage Hedge Advisory Firm Vice Capital Markets promotes Shawn Ansley to CIO

NOVI, Mich. -- Vice Capital Markets, a leading mortgage hedge advisory firm for independent lenders, banks and credit unions, announced today that it has promoted Shawn Ansley to chief information officer (CIO). As CIO, Ansley will be tasked with the continued development of information technologies and deepening integrations with the agencies and major loan origination systems and leading the development of new tools to enhance the client experience.

"Since joining our firm, Shawn has relentlessly driven Vice Capital to continually evolve and stay current with the ever-changing market and execution environments. This promotion is really more of a formal acknowledgement of the overreaching leadership and guidance that he had already been demonstrating for the last several years," said Vice Capital founder and principal Chris Bennett.

Having joined Vice Capital in 2005 after receiving his master's degree in Mathematics, Ansley worked his way up the Vice Capital ranks, most recently serving as managing director. He runs the quantitative analytics that underpin the firm's hedge advisory services and is credited with revolutionizing Vice Capital's pull though modeling for more accurate pipeline management.

Ansley is also responsible for automating many of Vice Capital's day-to-day processes to improve operational efficiency and eliminate opportunities for human error, including overseeing several LOS integrations to allow information to flow back-and-forth between Vice Capital and clients seamlessly. Ansley also developed proprietary APIs with both Fannie Mae and Freddie Mac to facilitate direct data pricing pulls and loan commitments with the GSEs, thereby dramatically speeding up this critical process.

"Having had the privilege of working with Chris, Troy and the Vice Capital team for more than 15 years, this promotion is truly an honor," Ansley said. "I look forward to spearheading the next phase of our software development initiatives, which will help drive an even better client experience while also dramatically enhancing the value, advice and service Vice Capital delivers to the market."

Founded in 2001, Vice Capital serves independent mortgage lenders and financial institutions of all sizes, with monthly mortgage production volumes ranging from $10 million to $5 billion a month. Last year, the company set a new internal trade volume record, trading more than $202 billion on behalf of its full service clients, and experienced a marked increase in its client base, including more than 50% growth in the credit union space. Today, one in every 15 mortgages originated in the United States are traded by Vice Capital or hedged using its proprietary software.

About Vice Capital Markets

Since 2001, Vice Capital Markets has successfully managed interest rate risk and maximized profitability on MBS trades and mortgage-related transactions for banks, credit unions and mortgage lenders of all sizes. With an average of more than 10 years' experience behind each of the traders on our team, Vice Capital has helped its clients realize, on average, a 25 to 55 bps improvement over their best effort execution, and Vice Capital's proprietary risk-management models and complex investor and agency best execution platform have consistently yielded safe and effective profit maximization for its clients. Learn more at https://www.vicecapitalmarkets.com/ or call (248) 869-8100.

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

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Advertising and Marketing, Alliances and Partnerships, Business, Free News Articles, Software

Top of Mind’s Surefire CRM Integrates with LendingPad LOS to Streamline Communication Throughout the Loan Origination Process

ATLANTA, Ga. -- Top of Mind Networks (Top of Mind), a leader in customer relationship management (CRM) and marketing automation software for the mortgage lending industry, today announced an integration between its Surefire CRM and the LendingPad(r) suite of loan origination solutions (LOS).

The direct API connection enables real-time sharing of contact records and loan milestones between LendingPad and Surefire CRM, which in turn allows lenders to automate the delivery of personalized communication that enhances the loan applicant experience and keeps deals moving forward. For instance, originators can use Surefire CRM to dynamically generate and deploy interactive content that walks first-time homebuyers through what to expect during the loan process. The system can automatically "nudge" applicants who need to submit documents to complete their loan applications. And once an application is complete, Surefire CRM keeps all stakeholders up to date on the loan's status at every stage in the origination process, eliminating the need for borrowers and loan originators to play phone tag.

"We've been hearing from more lenders as well as independent mortgage brokers that LendingPad has become their LOS of choice thanks to its quick speed-to-value and smooth URLA execution," said Top of Mind CEO Bill Hayes. "We have responded swiftly to that market demand with a seamless integration that lets lenders combine the agility and efficiency of LendingPad with the power of industry-leading marketing automation tools and dynamic content from Surefire CRM."

LendingPad offers a full suite of cloud-based LOS solutions for mortgage brokers, independent mortgage companies, banks and credit unions with fast implementation and flexible pricing that scales to teams of any size, from just a few users to enterprise institutions. Each edition of the LendingPad LOS fully supports the redesigned Uniform Residential Loan Application (URLA) and is Mortgage Industry Standards Maintenance Organization (MISMO) v3.4 compliant.

"LendingPad is an agile, modern LOS with a commitment to serving mortgage lenders - and helping them compete - woven into our DNA," said LendingPad Managing Director Wes Yuan. "Our integration with Top of Mind's Surefire CRM delivers on that commitment by enabling originators to stay engaged with borrowers throughout the loan process in a way that's both personal and efficient."

About Top of Mind Networks:

Founded in 2003, Atlanta-based Top of Mind Networks ( https://www.topofmind.com ) started as a bootstrapped direct-mail marketing company. Today, the company is recognized as the mortgage industry's most-relied-upon provider of marketing automation and creative content solutions. From individuals to enterprise lenders, Top of Mind's SurefireCRM helps thousands of mortgage professionals win new business, earn repeat business and deserve referral business. With intuitive, "set it and forget it" workflows and award-winning content, mortgage professionals can effortlessly maintain and deepen their emotional connections with clients.

About LendingPad:

LendingPad Corp ( https://www.lendingpad.com ) provides a complete suite of loan origination solutions for banks, brokers, and institutions via its LendingPad LOS product line. LendingPad is designed to streamline operations, strengthen communication, and reduce costs in mortgage lending. The cloud-based solutions include end-to-end features such as point-of-sale, document management and loan fulfillment. LendingPad is a winner of the 2021 HousingWire Tech100 award and one of the Top 10 Mortgage Solution Providers by Banking CIO magazine. The platform is endorsed by the National Association of Mortgage Brokers (NAMB) and the Association of Independent Mortgage Experts (AIME) and is a premier member of the Mortgage Bankers Association (MBA).

@mortgagecrm @LendingPad #marketingautomation #mortgagemarketing #digitalmortgage

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

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Business, Free News Articles

Mid America Mortgage Hires Katherine Carlsen as Underwriting Manager

ADDISON, Texas -- Mid America Mortgage, Inc. (Mid America) announced today that mortgage industry veteran Katherine Carlsen has joined the company as underwriting manager. In her new role, Carlsen will utilize her more than 30 years of mortgage industry experience to lead underwriting for Mid America, enabling the company to sustain its track record of compliant loan origination while maintaining its industry-leading turn times.

"While the digital foundation we've established has certainly played a role in Mid America's ability to achieve turn time of one to two business days, the backbone of that technology is our team of highly experienced underwriters," said Mid America Owner and Chief Executive Officer Jeff Bode. "Katherine's impressive track record for quickly, accurately and securely closing loans not only helps us preserve that standard of service but also expands our capacity to handle even greater loan volumes. We are confident in Katherine's ability to amplify our underwriting efforts and proudly welcome her to the Mid America team."

Bringing more than 30 years of mortgage experience to her new role, Carlsen has ensured the success of her teams by leading dedicated training, coaching and development initiatives to enhance their skills. Her past employers include Wells Fargo and Salem Five Mortgage Company. Her professional achievements in previous roles include closing $100 million per month for six consecutive years, increasing closing volume by 100%, tripling submission volume and reducing turn time in underwriting from 10 days to only 24 hours.

"I've spent my career preparing underwriters for the unique challenges the mortgage market presents and maintaining a knowledgeable, service-oriented team means that employee engagement, hands-on training and coaching are essential for a lender's success," said Carlsen. "Mid America is a prime example of these principles in action. The team is full of mortgage professionals that are well-equipped and eager to meet the needs of an ever-changing industry, and I look forward to leading the underwriting division to even higher levels of efficiency and excellence."

About Mid America Mortgage, Inc.

Mid America Mortgage, Inc., Addison, Texas, is a multi-state, full-service mortgage lender serving consumers and mortgage originators through its retail, wholesale and correspondent channels. We offer a wide range of residential home loan programs to meet the needs of most home buyers and homeowners and are also the nation's leading provider of Section 184 home loans for Native Americans. Learn more at https://www.midamericamortgage.com/.

In operation since 1940, Mid America has thrived by retaining its entrepreneurial spirit and leading the market in innovation, including its adoption of eClosings eNotes. Click n' Close is Mid America's ultra-secure, digital mortgage approval and closing process that gets home buyers from application to closing within two weeks. With just a few clicks at closing, Click n' Close puts keys in the home buyer's hand in 15 minutes or less. Apply online at https://www.midamericamortgage.com/click-n-close/#cnc.

Frequently named a top mortgage employer/workplace by industry trade magazines such as Mortgage Professional America, MReport, National Mortgage News and National Mortgage Professional, Mid America is looking for tech-savvy, service-oriented mortgage professionals to join our growing team. We are dedicated to providing our employees with industry-leading tools and technology to deliver a great package of competitive pricing, programs and knowledgeable service. Want to join our team? Visit https://www.midamericamortgage.com/careers/.

Twitter: @midamericamtge

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

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Business, Free News Articles, Software

Inlanta Mortgage Integrates CompenSafe with LendingQB

MACON, Ga. -- LBA Ware(TM), a leading provider of automated compensation software and systems integration solutions for mortgage lending and retail banking, announced that Wisconsin-based Inlanta Mortgage has completed integration between LBA Ware's CompenSafe(TM) automated compensation calculation platform and LendingQB's cloud-based loan origination solution (LOS). Through the integration, Inlanta is able to leverage real-time loan production data to automatically calculate compensation for each of its 100+ loan originators (LOs).

"CompenSafe provides tremendous value to our organization. Not only does the system save us time on payroll and commission processing, it also has a robust suite of reports and analytics that you might find in tools costing thousands of dollars a month. We really looked at it like getting two tools for the price of one," said John Watry, Chief Financial Officer of Inlanta Mortgage.

As the mortgage industry's first web-based software for automated compensation calculations, CompenSafe creates a direct link between the LendingQB platform and Inlanta's existing payroll system to eliminate manual data entry and human errors in the payroll process. Through this integration, Inlanta's branch managers gain a wealth of actionable insight into staff performance and profitability, while LOs are able to view the status of their compensation in real time.

"Compensation has been a thorn in many lenders' sides because it has traditionally been a manual process that required coordination between multiple, disparate systems," said Lori Brewer, Founder and CEO of LBA Ware. "CompenSafe bridges the gap between these systems to create a unified, automated process for managing multiple compensation plans."

"Loan originator compensation is a major issue for lenders," said Tim Nguyen, President of LendingQB. "Integrating to LBA Ware's CompenSafe product allows our clients to track and analyze their compensation plans more easily and with better insight. This affirms our belief that an open API model allows our clients to address their most critical business issues specifically and efficiently."

About Inlanta Mortgage:
Headquartered in Pewaukee, Wisc., Inlanta Mortgage was established in 1993 and is celebrating its 25th anniversary in 2018. The company has grown to over 40 branches in 20 states and over 250 employees. Inlanta Mortgage's mission is to be the home financing partner that you trust to serve your family, friends, and community. Their team of dedicated mortgage professionals is committed to delivering an exceptional experience using honest and ethical lending practices.

Inlanta Mortgage was named a Milwaukee Journal Sentinel Top Workplace in 2014, 2015, and 2016. Inlanta has also been recognized as one of the "50 Best Mortgage Companies to Work For" by Mortgage Executive Magazine and one of the country's "Top Mortgage Employers" by National Mortgage Professional. For more information, visit http://www.inlanta.com/.

About LendingQB:
LendingQB is a provider of Lean Lending solutions for residential mortgage banking organizations. The Lean Lending solution consists of a 100 percent web browser-based, end-to-end loan origination system, best of breed integrations with key industry partners and 'adoptimization' services that result in faster cycle times and lower costs per loan. For more information, please call 888-285-3912 or visit http://www.lendingqb.com.

About LBA Ware:
Founded in 2008, LBA Ware's mission is to inspire opportunity by delivering solutions that become essential to the way mortgage companies operate. We strive to be a trusted partner and play a key role in our clients' success by enabling them to motivate, incentivize and better leverage the human potential within their organization. Our applications automate traditionally manual business processes for which an existing software solution does not exist, empowering lenders to create an integrated software environment that maximizes their productivity and operational efficiency. For more information about LBA Ware and their software solutions, visit http://lbaware.com.

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Business, Free News Articles

IDS Builds Mortgage Document Preview Feature for LendingQB Integration

SALT LAKE CITY, Utah -- Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it has incorporated a new document preview feature into its integration with LendingQB's cloud-based loan origination solution (LOS). The feature allows LendingQB users to preview mortgage documents, such as the Loan Estimate or Closing Disclosure, before they are submitted to fulfillment, enabling lenders to spot and correct errors prior to the creation of the final document.

"When it comes to executing compliant, error-free mortgage transactions, the stakes are higher than ever. Quite often, lenders are drawing fresh sets of documents each time a change is made because they have no other recourse for ensuring that changes are reflected accurately in the final document," said Mark Mackey, vice president of IDS. "The document preview feature with LendingQB enables our mutual customers to see how changes will affect the final document in real time, eliminating the need to draw multiple docs or doc packages and reducing the probability of an outdated or incorrect document making it to the final document package."

As a result of the 'lights out' integration between LendingQB and IDS, users are able to preview docs from the idsDoc system directly within the LendingQB platform. Preview docs are displayed as a PDF, the same format in which the final document package is delivered, but with a "SAMPLE" watermark, ensuring that the preview document cannot be mistaken for the final document.

"Accurate generation of mortgage documents is really the primary goal of any LOS," said Tim Nguyen, president of LendingQB. "That is why the preview feature with IDS is so important. It provides our lenders with another tool to mitigate errors in the document generation process, saving them a significant amount of time and money throughout the closing process and beyond. IDS has been a key partner of ours for several years, and we're happy to see them innovate in ways that provide tangible benefits to our mutual clients."

About LendingQB:

LendingQB is a provider of Lean Lending solutions. The Lean Lending solution consists of a 100 percent web browser-based, end-to-end mortgage loan origination system, best of breed integrations with key industry partners and "Adoptimization" services that result in faster cycle times and lower costs per loan. For more information, please call 888-285-3912 or visit http://www.lendingqb.com.

About IDS, Inc.:

IDS, a Reynolds and Reynolds company, was founded in 1986 in Salt Lake City, Utah, and is a nationwide provider of mortgage documents and compliance. IDS services include electronic signatures, closing documents, initial disclosures, document fulfillment and integration with leading loan origination systems and eClosing platforms. The IDS flagship doc prep solution, idsDoc, is recognized in the industry for its ability to be customized to meet specific lender needs, particularly in regards to major industry compliance changes. (http://info.idsdoc.com/)

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