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

FormFree partners with Teo to modernize customer acquisition for mortgage lenders

ATHENS, Ga. -- FormFree(R) today announced a strategic partnership with Teo, a lead generation platform and AI assistant that helps mortgage lenders close more loans faster. Teo will leverage FormFree's market-leading Passport(TM) verification service to help assess the quality of incoming prospects.

Teo re-imagines the way mortgage lenders attract, pre-qualify and communicate with prospects. The platform's 24/7 AI assistant helps lenders identify and target profitable market segments and set up compliant Facebook and Instagram ad campaigns - all in just a few clicks.

After incoming leads are pre-screened to ensure quality, Teo's AI assistant manages follow-up communication using the prospect's preferred channels to quickly convert leads to loans. By engaging prospects through a synchronized cadence of video, audio and media-rich messaging across Facebook, text, voice and email, Teo's beta users have seen an 8X boost in conversion. No other software automates follow-up across all of these channels in one system.

"When it comes to the digital superhighway, if you're not first, you're last," said FormFree Founder and CEO Brent Chandler. "Our Passport verification services are already used by thousands of lenders to gain insight into loan applicants' ability to pay, and by partnering with Teo, we're moving those insights even earlier in the sales funnel to power an entirely new way of engaging with prospects."

"Forget chasing bad prospects, overpaying marketers or sharing marked-up leads with competitors," said Teo Founder and CEO Ray Schwartz. "Teo works 24/7/365 and enlists the help of market-leading solutions like Passport by FormFree to ensure leads are vetted and nurtured, so lenders can focus on building relationships, closing more deals and expansion."

About FormFree(R)

FormFree(R) is a market-leading fintech company whose revolutionary products AccountChek(R) and Passport(TM) are changing the credit decisioning landscape and encouraging lenders nationwide to incorporate a more holistic view of each borrower's financial DNA. To date, thousands of U.S. lenders and brokers have ordered millions of FormFree's patented verification reports representing over a trillion dollars in loan verifications. FormFree delights borrowers and lenders with a paperless experience, reduces origination timelines by up to 20 days and offers automated analysis and standardized delivery to lenders and investors using a secure ReIssueKey(TM). A HousingWire TECH100(TM) company for four consecutive years, FormFree is based in Athens, Georgia.

For more information, visit https://www.formfree.com/or follow FormFree on LinkedIn.

Related link:

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

Business, Free News Articles, Software

ARMCO Expands Client Base by Adding KWIK Mortgage, The KLR Group and Several Top 25 Mortgage Lenders

POMPANO BEACH, Fla. -- ACES Risk Management (ARMCO), the leading provider of enterprise financial risk mitigation solutions, has announced that it has achieved significant growth during the first two quarters of 2019, the result of acquiring new clients, including KWIK Mortgage, The KLR Group and several top 25 mortgage lenders.

"We needed a faster, more efficient quality control platform to keep up with the digital POS and LOS solutions we've implemented in recent years," said Paul Campbell, EVP Retail Lending at KWIK Mortgage. "ACES enable us to transact loans faster, while assuring us higher quality and compliance."

"The purchase market may be contracting, but lenders' regulatory concerns are growing," said Phil McCall, president of ARMCO. "Smart organizations, like KWIK and The KLR Group, are proactive about minimizing risk exposure and keeping pace with today's faster digital mortgage processing and realize that QC technology is key to both."

"When it comes to post-close quality control, the primary concerns are compliance in both loan underwriting/investor requirements as well as the GSE review requirements," said Ed Hunter, President and Founder of The KLR Group. "The KLR Group must deliver in both these worlds for clients with different goals, objectives and processes. ACES gives us the platform to consistently hit turn-times, configure services to meet individual client needs and deliver unequalled quality in a very price competitive environment."

ARMCO's technologies are known to expedite the QC process and enable scalability. Its flagship product ACES Audit Technology(TM) is a fully configurable, enterprise-wide audit platform that uses multi-answer questionnaires to cut review times by up to 50%. ACES Automated Document Manager identifies missing documents within loan file as well as bookmarks and indexes for ease of review.

"Our growth not only benefits ARMCO, but also our new clients, who can be confident in the compliance and quality of loans they're transacting," said McCall. "All this adds up to a big win for the industry."

ABOUT ARMCO

Over half of the top 20 mortgage lenders in the U.S. choose ARMCO as their provider of risk management software. ARMCO's product line includes loan quality enterprise software, services, data and analytics. Its flagship product, ACES Audit Technology(TM), has set the bar for user definability in its category. It is used at virtually every point in the mortgage lifecycle, as well as for a wide range of risk-prone business operations outside traditional mortgage origination and servicing. ARMCO's consultative approach to customer relationships leverages 25 years of mortgage risk intel, assuring that its clients are using the most effective risk mitigation strategies, and are using the fastest, most reliable, most efficient means for preventing risk-related loss. ARMCO distributes the ARMCO Mortgage QC Industry Trends Report, a free quarterly analysis of industry-wide mortgage loan quality.

For more information, visit http://www.armco.us/ or call 1-800-858-1598.

Related link:

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

Business, Free News Articles

The Mortgage Collaborative Notches 20 Percent Growth in Lender Membership since Q1

SAN DIEGO, Calif. -- The Mortgage Collaborative, the nation's only independent mortgage cooperative, today announced that they have reached another milestone, adding 20 new lender members since their August summer conference in Nashville. This brings the Collaborative's membership total to 120 and an annual aggregate origination volume of $210 Billion.

"Our reputation for delivering a distinctive conference experience, our focus on developing innovative offerings such as the recently announced Collaboration Lab initiative and our attentiveness to our members' needs have driven the Collaborative's consistent growth," said Jim Park, CEO of The Mortgage Collaborative. "As word spreads regarding the intrinsic value received by our lender members, we anticipate these increases in our membership will prove to be the sustained norm."

"Our founders understood from the outset that creating a top shelf mortgage lending cooperative would mean attracting the best and brightest lenders with the unrivaled quality of our member experiences and services," Park added.

The cooperative network recently announced the date and location for their next Lender Member Conference, to be held February 11-14, 2018 at The Grand Del Mar Resort in San Diego, Calif.

The conferences provide The Collaborative's lender members a unique opportunity to interact with top industry leaders and to attend and participate in compelling educational and peer-to-peer networking sessions.

Details on their recent and upcoming conferences can be found at http://www.mortgagecollaborative.com/.

About The Mortgage Collaborative:

Based in San Diego, Calif., The Mortgage Collaborative was founded in 2013 to empower mortgage lenders across the country with better financial execution, reduced costs, enhanced expertise and improved compliance and to help its members access the dynamic and changing consumer base in America. The association is managed by its founding members: John Robbins, CMB; David Kittle, CMB; Gary Acosta, CEO of the National Association of Hispanic Real Estate Professionals (NAHREP); and Jim Park, former chair of the Asian Real Estate Association of America (AREAA). Robbins and Kittle are former chairmen of the Mortgage Bankers Association of America (MBA).

For more information, visit http://www.mortgagecollaborative.com/.

Related link:

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

Business, Free News Articles

The Mortgage Collaborative Welcomes LaNette Holley as Director of Strategic Initiatives

SAN DIEGO, Calif. -- The Mortgage Collaborative (TMC), the nation's only independent mortgage cooperative, announced the hiring of LaNette Holley as their Director of Strategic Initiatives.

"Adding LaNette to our team further enhances our ability to create innovative solutions that will benefit our lender member's ability to compete more effectively in today's market," said Jim Park, CEO of The Collaborative. "LaNette brings hands-on industry experience and a genuine passion for the housing industry to the team."

LaNette Holley comes to The Mortgage Collaborative with over 25 years of experience in the area of mortgage lending. As Director of Strategic Initiatives, LaNette will help lead The Collaborative's efforts to continue to creatively expand the benefits of membership that the cooperative network delivers to its originating members.

Prior to joining TMC, Holley served for 15 years at Fannie Mae in many different aspects of their account management team. Prior to this most recent role, she spent six years as a mortgage loan originator and four years working as a processor and an underwriter.

LaNette maintains active involvement with several charities, including the Alzheimer's Association, Autism Speaks, March of Dimes, and the Children's Home & Aid Society.

The cooperative network also recently announced the dates and locations for their next two Lender Member Conferences, which will be held August 20-23, 2017 in Nashville, Tenn. and February 11-14, 2018 in San Diego, Calif. The conferences provide The Collaborative's Lender Members a unique opportunity to interact with top industry leaders and to attend and participate in compelling educational and peer-to-peer networking sessions. Details on their recent and upcoming conferences can be found at www.mortgagecollaborative.com.

About The Mortgage Collaborative:

Based in San Diego, Calif., The Mortgage Collaborative was founded in 2013 to empower mortgage lenders across the country with better financial execution, reduced costs, enhanced expertise and improved compliance and to help its members access the dynamic and changing consumer base in America. The association is managed by its founding members: John Robbins, CMB; David Kittle, CMB; Gary Acosta, CEO of the National Association of Hispanic Real Estate Professionals (NAHREP); and Jim Park, former chair of the Asian Real Estate Association of America (AREAA). Robbins and Kittle are former chairmen of the Mortgage Bankers Association of America (MBA).

For more information, visit http://www.mortgagecollaborative.com/.

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

Business, Free News Articles

The Mortgage Collaborative Releases Aggressive 2016 Growth Data, Marking $150 Billion in Origination Volume

SAN DIEGO, Calif. -- The Mortgage Collaborative, the industry's premier mortgage cooperative, today released year-end data on its 2016 growth.

"Adding 50 new lender members and 20 new Preferred Partners in 2016 met the aggressive goals established by our Board, and grew our aggregate origination volume to over $150 billion," said David G. Kittle, CMB, the Collaborative's President.

"In addition to these amazing gains we've extended our partnerships with Fannie Mae, Freddie Mac and NAHREP, and hired two experienced professionals to support Rich Swerbinsky, our EVP of National Sales. Jen Peachman and Tom Gallucci bring valuable years of customer service experience to TMC," Kittle said.

"We also greatly expanded our educational and peer-to-peer networking platform that offered lender, networking calls on relevant and specific industry issues," he said. "As we move into 2017 TMC will continue to expand on both our Winter and Summer conferences, both of which were resoundingly successful in 2016."

About The Mortgage Collaborative:

Based in San Diego, CA, The Mortgage Collaborative was founded in 2013 to empower mortgage lenders across the country with better financial execution, reduced costs, enhanced expertise and improved compliance, as well as helping our members access the dynamic and changing consumer base in America.

The association is managed by its founding members, John Robbins, CMB; David Kittle, CMB; Gary Acosta, CEO of the National Association of Hispanic Real Estate Professionals (NAHREP); Jim Park, former chair of the Asian Real Estate Association of America (AREAA). Robbins and Kittle are former chairmen of the Mortgage Bankers Association of America.

For more information visit: http://www.mortgagecollaborative.com/.

Follow us at @MTGCoop

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