Business

MMI names Brian McKray as its new Vice President of Product

SALT LAKE CITY, Utah -- Mobility Market Intelligence (MMI), a leader in data intelligence and market insight tools for the mortgage and real estate industries, today announced Brian McKray has been promoted to Vice President of Product.

McKray joined MMI in March of this year as the director of product. His efforts in spearheading the development and implementation of MMI's user insights tool and custom dashboard hub have fueled this promotion. Using these customer insights, MMI is actively building improved in-app onboarding and support tools.

"The creation of this role exemplifies MMI's evolution. We're moving from a sales-driven product focus to a customer-driven product focus and have been actively improving our structure to create better tools for our individual customers and teams," said McKray. "Our user insights tool allows us the structure to create necessary improvements and focus on customer needs for each of our individual products."

In addition to developing the integration between the MMI Data Center and Bonzo post-acquisition, McKray has led internal efforts to bring two new products to market for MMI's customers:

* Property Intelligence - a homeowner-focused tool that lets loan officers (LOs) provide real value to their clients while staying top of mind after closing.

* IN.box - a suite of intelligent notifications for LOs, covering items such as listing alerts and credit inquiry alerts, that provide fresh opportunities for outreach and fostering enduring borrower relationships.

"As we've built MMI throughout the years, we've focused on making our tool the strongest and best it can be," said MMI Founder and CEO Ben Teerlink. "Now that it's established, we are honing in our individual offerings to users and MMI's customizable capabilities."

About MMI:

Mobility Market Intelligence (MMI) is a market leader in data intelligence and market insight tools for the mortgage and real estate industries. Headquartered in Salt Lake City, the company's signature product, MMI, provides actionable intelligence for lenders, real estate agents, real estate brokerages, title companies and others in the real estate industry. MMI is currently used by more than 450 enterprise customers, including 20 of the top 25 lenders in the country. To learn more, visit https://mmi.io or contact sales@mmi.io.

Related link: https://mmi.io

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

Business, Free News Articles

MMI releases referral partnership ROI Calculator

SALT LAKE CITY, Utah -- Mobility Market Intelligence (MMI), a leader in data intelligence and market insight tools for the mortgage and real estate industries, today announced the release of its ROI Calculator, an easy-to-use tool for lenders to see the impact their referral partnerships have on production volume. The ROI Calculator counts the agents a lender has recently worked with and the percentage of their business, or wallet share, attributed to the lender and identifies the impact increasing that percentage has on production volume.

Using the ROI Calculator, lenders can enter their NMLS number and in the click of a button, receive insights from the previous 14 months, including the number of buy-side agent partners they've worked with, the number of buy-side transactions captured, the percentage of buy-side transactions captured, the volume captured from buy-side agents and the uncaptured volume from buy-side agent partners.

Lenders are also able to see the impact that increasing the percentage of wallet share with current agent partners would have on their production volume. For example, a lender with an average annual production or $500M can see that a 0.1% increase in captured buy-side partner transactions would add roughly $2.5M in production volume to the pipeline.

Similarly, one specific lender averaging $1.3B in captured buy-side volume each year would see that capturing just 0.1% more of wallet share from current partners would result in over $45M in additional volume. That same lender could also see that in the last year, they left more than $43B in uncaptured partner volume on the table.

"Referral partnerships are always valuable, but they are never more crucial than in a market like we're seeing today," said MMI Founder and CEO Ben Teerlink. "MMI's ROI calculator lets lenders visualize and understand how even an incremental increase of wallet share from their existing agent partnerships can have a tremendous impact on production volume. While developing new referral partnerships should never be overlooked, it's usually much easier grow your wallet share by letting existing referral partners know that you'd like to build on your previous success and can handle more of their business."

To learn more about MMI and its new ROI Calculator, visit https://mmi.io/roicalc/.

About MMI:

Mobility Market Intelligence (MMI) is a market leader in data intelligence and market insight tools for the mortgage and real estate industries. Headquartered in Salt Lake City, the company's signature product, MMI, provides actionable intelligence for lenders, real estate agents, real estate brokerages, title companies and others in the real estate industry. MMI is currently used by more than 350 enterprise customers, including 20 of the top 25 lenders in the country.

To learn more, visit https://mmi.io or contact sales@mmi.io.

Related link: https://mmi.io

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

Business, Free News Articles

TRUSTSTAR – POWERED BY SENSA AI – AI Driven INSIGHTS for Realty and Mortgage

AUSTIN, Texas -- In the fall of 2022, Tecnotree acquired TrustStar, a SaaS application using proprietary artificial intelligence designed to provide mortgage loan officers with a simple way to access relevant market data to grow their businesses. TrustStar delivers a robust set of features that include loan officer insights, listing trends, realtor match, intelligent recruiting, lender competition, and many more through its powerful artificial intelligence platform, and now powered by Tecnotree, a world leader of 5G multi-cloud enabled digital technology.

In 2022, TrustStar was highlighted in Housing Wire as a Technology Trendsetter and given second place in the National Mortgage News Digital Mortgage Conference. TrustStar is committed to helping mortgage loan officers, and other mortgage professionals receive imperative insights into their local markets. In today's compressed mortgage market, understanding the opportunities available has never been more essential.

The acquisition of TrustStar by Tecnotree is a strategic move that underscores a commitment to providing world-class technology solutions that enable its customers to succeed in today's digital economy. With the acquisition of TrustStar, Tecnotree will be able to offer an integrated platform that leverages AI to provide mortgage loan officers with insights and analysis of the mortgage market that can help them grow their businesses. The acquisition of TrustStar by TecnoTree is expected to significantly impact the mortgage industry, providing loan officers with the necessary tools to stay ahead of the competition.

"TrustStar is an exceptional platform that uses AI to provide mortgage loan officers with relevant market data to grow their businesses. We are thrilled to have the opportunity to integrate TrustStar into our platform and provide our customers with the most advanced mortgage market intelligence solution available," said Padma Ravichander, CEO of Tecnotree.

About Tecnotree:

Tecnotree is a unique full-stack digital business management solution catering to digital service providers. Our solutions help communication service providers breakthrough digital barriers, harnessing the power of automation and connectivity. Drawing on 40 years of experience and a global reach, our open-source technology-based products and solutions cover a wide range of telecom business processes and subscription management. Our pre-integrated B2B2X partner ecosystem extends across various sectors, such as gaming, health, education, and OTT.

About TrustStar:

TrustStar is a SaaS application that uses proprietary artificial intelligence technology to provide mortgage loan officers with a simple way to access relevant market data to grow their businesses. TrustStar uncovers the data so mortgage professionals can discover what they are missing in their local markets. TrustStar is dedicated to providing mortgage professionals with a comprehensive data resource, to enhance their competitive edge and help them grow their business. Learn more: https://www.truststar.ai/.

Tecnotree is a 5G-ready digital Business Support System (BSS) player, with AI/ML capabilities and multi-cloud extensibility. Tecnotree is among the first companies in the world to be Platinum Certified by TM Forum Open API standards, and our agile and open-source Digital BSS Stack comprises the full range (order-to-cash) of business processes and subscription management for telecom and other digital services industries creating opportunities beyond connectivity. Tecnotree also provides Fintech and B2B2X multi-experience digital marketplace to its subscriber base through the Tecnotree Moments platform to empower digitally connected communities across gaming, health, education, OTT, and other vertical ecosystems. Tecnotree is listed on Helsinki Nasdaq (TEM1V).

Related link: https://www.truststar.ai/

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Business, Free News Articles

MMI Announces Small and Mid-Size Business Channel and New Account Executive, Heath Liles

SALT LAKE CITY, Utah -- Mobility Market Intelligence (MMI), a leader in data intelligence and market insight tools for the mortgage and real estate industries, today announced it has expanded access to its platform with a new user tier for small and mid-size (SMB) independent mortgage lenders and brokers. Previously focused on enterprise accounts, MMI is now making a dedicated effort to providing value to the individual and SMB spaces. Additionally, Heath Liles has been hired as MMI's SMB Account Executive and will be tasked with leading sales and managing client relationships for MMI's SMB channel.

Mortgage brokers and lenders with less than 10 loan officers (LOs) can use MMI's SMB channel, with access to the same core tools that an enterprise account would have.

"For several years now, small and mid-sized lenders with just a handful of LOs have expressed interest in MMI but haven't met the threshold required of an enterprise client. This new channel will give smaller organizations access to the MMI platform's powerful insights," said MMI Vice President of Enterprise Sales Melissa Sike. "We're delighted to provide this option and look forward to witnessing the success smaller lenders find through this offering."

Before joining MMI, Liles spent four years at Movement Mortgage, starting as a loan processor and two years later, he became a loan officer assistant (LOA) to one of Charlotte's top-producing LOs. Prior to Movement Mortgage, Liles spent nine years at Sealed Air Corporation as a sales representative.

"Heath is eager to help customers find the best solutions for their business and is a great embodiment of the culture we've built at MMI," continued Sike. "We're proud to welcome him to the MMI team."

"MMI intrigued me from the first time I saw a demo. The platform is compelling, with the data presented in a simple and digestible way," said Liles. "I'm eager to show mortgage lenders and brokers the difference MMI can make in their business efforts. I have never seen a platform as powerful as this, and I'm humbled to be a part of MMI's growth."

About MMI:

Mobility Market Intelligence (MMI) is a market leader in data intelligence and market insight tools for the mortgage and real estate industries. Headquartered in Salt Lake City, the company's signature product, MMI, provides actionable intelligence for lenders, real estate agents, real estate brokerages, title companies and others in the real estate industry. MMI is currently used by more than 350 enterprise customers, including 20 of the top 25 lenders in the country. To learn more, visit https://mmi.io or contact sales@mmi.io.

Related link: https://mmi.io

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

Business, Free News Articles

MMI welcomes Shayna Wilmet as its newest Regional Director of Growth

SALT LAKE CITY, Utah -- Mobility Market Intelligence (MMI), a leader in data intelligence and market insight tools for the mortgage and real estate industries, today announced Shayna Wilmet as its newest regional director of growth. Wilmet's responsibilities will include consulting and strategizing with MMI's growing roster of mortgage enterprise clients, which includes 20 of the top 25 lenders in the nation, to identify growth opportunities to drive adoption and increase return on investment (ROI).

"Despite the volatility in mortgage origination this year, the value housing professionals are finding in MMI is spreading like wildfire. For the last ten years, we've been dedicated to building tools to help enterprises hone their strategies," said MMI Founder and CEO Ben Teerlink. "It never gets old welcoming new faces to the MMI team. With Shayna's previous experience, she has seen MMI's tool from an integration standpoint and now from the inside. This perspective gives her an in-depth understanding of the needs of MMI clientele."

Wilmet has nearly 10 years of experience managing client success and is well-versed in the mortgage industry. Prior to joining MMI, Wilmet was an enterprise customer success manager for a year and was then promoted to manager of customer success at SimpleNexus. She also spent two years as a strategic inside account manager at Ellie Mae.

"Earlier in my career, I'd seen the integrations with MMI and had the pleasure of meeting Ben. It is a full circle moment for me now joining the team," said Wilmet. "I'm thankful to be a part of such a vastly growing company and eager to be of service to those interested in MMI's tools."

By accessing an unrivaled database of comprehensive real estate and mortgage production data, MMI's enterprise customers can identify partner networks that best support their business objectives with granular insight into lenders, loan officers and real estate agents by region or individual transactions. To learn more, visit https://mmi.io.

About MMI

Mobility Market Intelligence (MMI) is a market leader in data intelligence and market insight tools for the mortgage and real estate industries. Headquartered in Salt Lake City, the company's signature product, MMI, provides actionable intelligence for lenders, real estate agents, real estate brokerages, title companies and others in the real estate industry. MMI is currently used by more than 350 enterprise customers, including 20 of the top 25 lenders in the country. To learn more, visit https://mmi.io or contact sales@mmi.io.

Related link: https://mmi.io

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

Business, Free News Articles

MMI adds Carol Burke as Regional Director of Enterprise Sales

SALT LAKE CITY, Utah -- Mobility Market Intelligence (MMI), a leader in data intelligence and market insight tools for the mortgage and real estate industries, announced today that Carol Burke has been appointed regional director of enterprise sales. As part of the enterprise sales team, Burke is tasked with expanding MMI's growing roster of mortgage enterprise clients, which now includes 20 of the top 25 lenders in the nation, while also driving brand awareness and adoption in mortgage-related verticals, such as title and insurance.

"Having worked with Carol at Top of Mind, I am very familiar with her abilities, and I know she will help MMI thrive as we expand in 2023," said Melissa Sike, vice president of enterprise sales. "Her experiences in helping loan originators market themselves is an asset when showing off the benefits of the MMI tool."

With more than 25 years of experience in sales and account management, nearly 20 of which have been in the mortgage industry, Burke has dealt with every aspect of a lender's business. Burke comes to MMI after spending 10 years at Top of Mind Networks and 7 years at Lenders One.

"MMI provides invaluable information, and I almost can't believe the quality and quantity of data they aggregate and put together in a palatable and easily consumable way," said Burke. "This is a tool I think every mortgage company should have and I want to be part of spreading that message. I also admire the people and culture at MMI and I'm proud to be a part of it."

By accessing an unrivaled database of comprehensive real estate and mortgage production data, MMI's enterprise customers can identify partner networks that best support their business objectives, with granular insight into lenders, loan officers and real estate agents by region or individual transactions. To learn more, visit https://mmi.io.

About MMI:

Mobility Market Intelligence (MMI) is a market leader in data intelligence and market insight tools for the mortgage and real estate industries. Headquartered in Salt Lake City, the company's signature product, MMI, provides actionable intelligence for lenders, real estate agents, real estate brokerages, title companies and others in the real estate industry. MMI is currently used by more than 450 enterprise customers, including 20 of the top 25 lenders in the country. To learn more, visit https://mmi.io or contact sales@mmi.io.

Related link: https://mmi.io

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

Advertising and Marketing, Business, Free News Articles, Funding and Investment

MMI Receives Growth Investment from WestView Capital Partners

SALT LAKE CITY, Utah -- Mobility Market Intelligence (MMI), a leader in data intelligence and market insight tools for the mortgage and real estate industries, announced today that it has received a growth investment from WestView Capital Partners (WestView), a Boston-based private equity firm focused exclusively on middle market growth companies.

Headquartered in Salt Lake City, Utah, MMI provides a comprehensive software suite that enables participants in the mortgage origination process to track and analyze production data effectively. The MMI platform combines highly accurate and real-time data with broad nationwide geographic coverage and an intelligent, user-friendly interface, allowing its users to access the most relevant information and draw actionable insights quickly. MMI is used by mortgage lenders, loan originators and other real estate professionals to foster and manage referral relationships, facilitate informed recruiting decisions and aid in their outbound sales efforts.

"We are thrilled to partner with WestView and are eager to begin our next chapter of growth," said Ben Teerlink, Founder and CEO of MMI. "This investment from WestView will enable us to continue executing upon the numerous opportunities ahead of us. We are focused on adding new products and features to better support our customers and will leverage WestView's long-tenured experience as software investors to help us accelerate growth and expand our talented team. WestView's investment is a great sign to our customers, employees and the industry at large that we have built a company and brand poised for continued success."

"MMI is a true category leader and has built the leading brand in providing data, analytics, and intelligence to the mortgage origination process," said Kevin Twomey, Principal at WestView, who will join MMI's Board of Directors. "MMI has become an essential tool for those looking to drive more efficient production and take market share, particularly in today's market environment."

"Ben and his team have built an impressive company and have taken advantage of a clear need in the market. We are excited to partner with them as they look to continue to build and scale their platform," added John Turner, partner at WestView, who will also join the company's board.

WestView was represented by Latham & Watkins LLP with debt financing provided by Abacus Finance. MMI was represented by Horizon Partners and Buchalter PC.

About MMI:

Mobility Market Intelligence (MMI) is a market leader in data intelligence and market insight tools for the mortgage and real estate industries. Headquartered in Salt Lake City, the company's signature product, MMI, provides actionable intelligence for lenders, real estate agents, real estate brokerages, title companies and others in the real estate industry. MMI is currently used by more than 450 enterprise customers, including 20 of the top 25 lenders in the country. To learn more, visit https://mmi.io or contact sales@mmi.io.

About WestView Capital Partners:

WestView Capital Partners, a Boston-based private equity firm focused exclusively on middle market growth companies, manages approximately $1.7 billion in capital across four funds. WestView partners with existing management teams to sponsor minority and majority recapitalizations, growth, and consolidation transactions in industries such as software and IT services, healthcare technology and outsourcing, business services, consumer, and growth industrial. WestView focuses on investing in companies with revenue of at least $10 million and operating profits between $3 and $25 million. For more information, please visit https://www.wvcapital.com/.

Related link: https://mmi.io

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

Business, Free News Articles

MMI announces its newest Regional Director of Growth, Heidi Iverson

SALT LAKE CITY, Utah -- Mobility Market Intelligence (MMI), a leader in data intelligence and market insight tools for the mortgage and real estate industries, today announced that Heidi Iverson has joined the organization as a regional director of growth. In this position, Iverson will consult and strategize with MMI's clientele which now includes more than 40 of the top 50 lenders in the nation, to identify growth opportunities to drive adoption and increase return on investment (ROI).

Throughout Iverson's mortgage experience, she has led the charge to build internal recruiting departments at several companies, including Guild Mortgage, ClosingMark Home Loans and Castle & Cooke Mortgage, LLC., contributing to her expertise in strategizing for business goals, identifying technology needs, creating recruiting strategies and identifying talent team needs. These experiences also provided Iverson the opportunity to educate loan officers on MMI and how to work with the real estate section of the platform for business development.

"As an organic user and now on the internal side of MMI, Heidi has in-depth knowledge to guide clientele in getting the most out of our platform," said MMI founder and CEO Ben Teerlink. "The capabilities within MMI are endless, but deciphering what features to utilize to drive individual business development and return on investment can be daunting. We've prioritized building technology that speaks for itself and providing access to some of the best in the business so users can get the most out of MMI."

Iverson's background includes extensive recruiting history. Previously self-employed as the founder of PlacedE, a mortgage recruiting agency, Iverson has first-hand experience with the MMI's powerful insights, having implemented it with PlacedE clients.

"My background has given me first-hand knowledge of the multiple facets of MMI. I'm looking forward to sharing these insights to help lenders identify and target both the right referral partners and sales staff that will help them drive their long-term organizational growth goals," said Iverson.

About MMI

Mobility Market Intelligence (MMI) is a market leader in data intelligence and market insight tools for the mortgage and real estate industries. Headquartered in Salt Lake City, the company's signature product, MMI, provides actionable intelligence for lenders, real estate agents, real estate brokerages, title companies and others in the real estate industry. MMI is currently used by more than 350 enterprise customers, including 20 of the top 25 lenders in the country. To learn more, visit https://mmi.io or contact sales@mmi.io.

Related link: https://mmi.io

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

Awards and Honors, Business, Free News Articles

MMI debuts in top 1500 on the 2022 Inc. 5000 Annual List

SALT LAKE CITY, Utah -- Mobility Market Intelligence (MMI), a leader in data intelligence and market insight tools for the mortgage and real estate industries, today announced it ranks No. 1499 on the 2022 Inc. 5000 list of the fastest-growing private companies in America. The list represents a one-of-a-kind look at the most successful companies within the economy's most dynamic segment-its independent businesses.

MMI debuts on the list among the top 30% of all private companies in America based on three-year revenue growth of 427%. Earlier this year, MMI also ranked No. 29 on the Inc. 5000 Regionals: Rocky Mountains list.

"The Inc. 5000 list represents some of the most influential businesses in the country and it is an honor to be named among them," said MMI founder and CEO Ben Teerlink. "The team at MMI works tirelessly to turn comprehensive real estate and mortgage production data into actionable insights for our clients and it's clear from our growth that those efforts are paying dividends for our customers and for MMI."

The companies on the 2022 Inc. 5000 have not only been successful, but have also demonstrated resilience amid supply chain woes, labor shortages, and the ongoing impact of Covid-19. Among the top 500, the average median three-year revenue growth rate soared to 2,144 percent. Together, those companies added more than 68,394 jobs over the past three years.

Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000. The top 500 companies are featured in the September issue of Inc. magazine, which will be available on August 23.

"The accomplishment of building one of the fastest-growing companies in the U.S., in light of recent economic roadblocks, cannot be overstated," says Scott Omelianuk, editor-in-chief of Inc. "Inc. is thrilled to honor the companies that have established themselves through innovation, hard work, and rising to the challenges of today."

About Inc.

The world's most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference & Gala is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.

About MMI

Mobility Market Intelligence (MMI) is a market leader in data intelligence and market insight tools for the mortgage and real estate industries. Headquartered in Salt Lake City, the company's signature product, MMI, provides actionable intelligence for lenders, real estate agents, real estate brokerages, title companies and others in the real estate industry. MMI is currently used by more than 350 enterprise customers, including 20 of the top 25 lenders in the country. To learn more, visit https://mmi.io or contact sales@mmi.io.

Related link: https://mmi.io

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