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HousingWire Honors OpenClose as a 2020 Mortgage Tech100 Innovator

WEST PALM BEACH, Fla. -- OpenClose(R), the leading mortgage fintech provider and omni-channel loan origination system (LOS), announced that due to its industry-pioneering technology innovations, successful launches and the resulting stellar lender outcomes, the company was named to the prestigious HousingWire 2020 Mortgage Tech 100 List.

OpenClose made the list because of their multiple advances in its single-source digital lending solution that consolidates robust front-end borrower/LO-facing digital mortgage POS technology with an omni-channel, fully browser-based, end-to-end LOS which also offers an embedded product and pricing engine (PPE) and BI/analytics capability. In addition, OpenClose developed a flexible RESTful API suite, IntegrationAssist(TM), that enables the company to more easily and cost effectively integrate with disparate systems.

The enhanced OpenClose platform cuts the cost to manufacture loans, eliminates multiple systems, delivers newfound efficiencies, optimizes origination and operations, streamlines workflows and enhances the consumer experience. More specifically, lenders benefited by OpenClose reducing the number of FTEs and external development costs lenders needed by up to 43 percent along with lowering the processing and underwriting cycle times from seven days to an astounding two hours.

"The winners of the 2020 HousingWire Tech100 Mortgage and Real Estate awards are truly the most impactful and innovative companies in housing. Not only do these companies empower their clients and users, they are supporting a more efficient, accessible and sustainable housing economy," said HousingWire CEO, Clayton Collins.

"At OpenClose, we're always innovating, enhancing our solution set and arriving at new ways to help our lender customers be as successful as possible," said JP Kelly, president of OpenClose. "Our entire organization is honored to have been selected as a HW 2020 Mortgage Tech100 award, which is a direct reflection our employees' hard work, passion and immense dedication to serving OpenClose customers."

HousingWire states that the goal of the Tech100 program is to provide housing professionals with a definitive list of the most innovative and impactful companies that can be leveraged to identify partners and solutions to the problems that mortgage lenders and real estate professionals face every day. In response to the expanding solutions landscape and HousingWire's diverse audience, this year the Tech100 program was divided into the HW Tech100 Mortgage and the HW Tech100 Real Estate.

"This year's Tech100 winners blew past innovation, moving beyond innovation to transformation," HousingWire Associate Magazine Editor Kelsey Ramírez said. "In both the real estate and mortgage sectors, fintech companies continue to create new ways to approach the housing process, improving efficiencies, cutting costs and creating a new experience for all parties involved."

About OpenClose:

Founded in 1999 and headquartered in West Palm Beach, Florida, OpenClose(R) is a leading enterprise-class, multi-channel loan origination system (LOS), POS digital mortgage and fintech provider that cost effectively delivers its digital platform on a software-as-a-service (SaaS) basis. The company provides a variety of innovative, 100 percent web-based solutions for lenders, banks, credit unions, and conduit aggregators. OpenClose's core solution, LenderAssist(TM), is comprehensive loan origination software that is completely engineered by OpenClose using the same code base from the ground up.

The company offers a RESTful API suite that standardizes system-to-system integrations, making them easier to develop, quicker to implement and more cost effective. OpenClose provides lending organizations with full control of their data and creates a truly seamless workflow for complete automation and compliance adherence. For more information, visit https://www.openclose.com/ or call (561) 655-6418.

About HousingWire:

HousingWire is the most influential source of news and information for the U.S. mortgage and housing markets. Built on a foundation of independent and original journalism, HousingWire reaches over 60,000 newsletter subscribers daily and over 7.5 million unique visitors each year. Our audience of mortgage, real estate, financial services and fintech professionals rely on us to Move Markets Forward. Visit www.housingwire.com or​ ​www.solutions.housingwire.com to learn more.

Social Media: @OpenClose_LOS @HousingWire #OpenClose #HousingWireMortgageTech100 #LoanOriginationSoftware #MortgageFintechSoftware

Media Contact:
Joe Bowerbank
Profundity Communications, Inc.
949-378-9685
jbowerbank@profunditymarketing.com

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

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Awards and Honors Business Free News Articles

NotaryCam CEO Rick Triola Named ‘Tech All-Star’ by Mortgage Bankers Association for Second Time in His Career

NEWPORT BEACH, Calif. -- NotaryCam(R), the pioneering leader in online notarization and original provider of mortgage eClosing solutions, announced that its founder and CEO Rick Triola is one of the five mortgage technology innovators honored by the Mortgage Bankers Association (MBA) as a 2020 Tech All-Star. In its 19th year, the award "celebrates industry leaders who have made outstanding contributions in mortgage technology."

"This year's Tech All-Star award winners represent the best of the best," said Rick Hill, MBA's Vice President of Technology and Executive Vice President of MISMO. "The mortgage industry in recent years has become a proving ground of innovative technology benefiting the industry and consumers. In an increasingly competitive technology space, these innovators stand out."

Triola is a two-time Tech All-Star award winner, having also earned the honor in 2017 for NotaryCam's eClose360 platform. This year, Triola was recognized for his work in driving industry adoption of remote online notarization (RON) and remote online closings (ROC). Thanks to his educational efforts and grassroots advocacy for RON throughout the country, nearly half of all U.S. states will have a permanent RON law in effect by the end of 2020. Many of these states have simply opted to adopt the Revised Uniform Law on Notarial Acts (RULONA) developed by the Uniform Law Commission - an effort in which Triola was heavily involved.

Due to current events related to the COVID-19 (coronavirus) pandemic, emergency RON authorizations are being passed in states that did not previously have RON laws on their books, and there is also a bill pending in the U.S. Senate - the Securing and Enabling Commerce Using Remote and Electronic (SECURE) Notarization Act of 2020 - to allow RON nationwide.

"Since founding NotaryCam in 2012, I have striven not only to offer NotaryCam clients the best and most comprehensive RON platform available, but also to stay ahead of the curve on innovation and lead the charge on adoption," stated Triola. "While emergency legislation relating to a pandemic isn't how we wanted those benefits to become known, I hope that NotaryCam can provide a beacon of light right now for states as they issue immediate emergency measures to authorize RON, as well as later on should federal efforts also succeed."

About NotaryCam

After pioneering the world's first multi-party/multi-state remote online notarization (RON), career real estate executive Rick Triola founded NotaryCam and completed the first mortgage remote online closing (ROC) in 2014. Today, NotaryCam is the leader in online notarization and mortgage eClosing solutions, having notarized documents worldwide for hundreds of thousands of customers in all 50 states and more than 146 countries. The company's patented eClose360(R) platform delivers the "perfect" online mortgage closing in every jurisdiction and supports all eClosing scenarios - RON, IPEN or Hybrids - with a flexible workflow for document recording and unparalleled identity verification, security and customer convenience. NotaryCam also proudly maintains an industry-leading 99.8 percent customer satisfaction rating.

Visit https://www.notarycam.com for additional information or to get a document notarized today.

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

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MQMR Promotes Mabel Lee to Head of Warehouse Due Diligence, Adds Scott Weintraub to Lead Internal Audit Department

LOS ANGELES, Calif. -- Mortgage Quality Management and Research, LLC (MQMR) announced today that it has promoted Mabel Lee to Warehouse Due Diligence Manager and hired Scott Weintraub as Internal Audit Manager.

"One of the main reasons mortgage lenders turn to MQMR to help them address their audit, risk and compliance needs is the depth of knowledge our team possesses," said MQMR President Michael Steer. "MQMR is privileged to have two highly skilled professionals in Mabel Lee and Scott Weintraub on our team to help guide our clients through these challenging times and bridge the gap between risk and compliance."

As Warehouse Due Diligence Manager, Lee oversees MQMR's skilled team of operations risk managers, who perform due diligence reviews and special projects. Lee first joined MQMR as Internal Audit Manager in June 2018, bringing more than 30 years of experience in risk management, credit, quality control, underwriting and project standards.

Lee previously served as a Customer Account Risk Manager, Credit Risk Manager and Quality Control Manager at Fannie Mae and as a Customer Performance Analysis Supervisor and Senior Mortgage Analyst for Freddie Mac. She holds an Executive Master of Business Administration degree from Claremont Graduate University and a Bachelor of Science degree in business administration from San Francisco State University.

Having served as Chief Compliance Officer for several large mortgage lenders in both retail and wholesale mortgage lending channels, Weintraub possesses more than 20 years of experience in legal and regulatory compliance, internal audit management and organizational risk management. In his role as Internal Audit Manager, he oversees a team of experienced internal auditors, whose mission is to assist mortgage lending clients by identifying areas of operational and compliance risk.

Weintraub is a sought-after speaker and thought leader and has appeared on panels at several industry conferences, including the MBA's Regulatory Compliance and Secondary Market conferences. He holds a Juris Doctor degree from George Washington University School of Law and a Bachelor of Arts degree in political science from Stanford University.

About Mortgage Quality Management and Research, LLC

MQMR helps its clients climb higher by bridging the gap between risk and compliance through its suite of risk-related services. MQMR provides mortgage compliance consulting throughout the origination process, conducting internal audit risk assessments and ongoing internal audit support, servicing QC and subservicing oversight to master servicers, and filling the void of meeting vendor management oversight requirements. With 2,000+ operational reviews of mortgage companies, subservicers, document custodians, and vendors annually, MQMR prides itself on being the mortgage industry partner of choice for audit, risk and compliance. To learn more, visit mqmresearch.com, subsequentqc.com, and hqvendormanagement.com.

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

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ARMCO Updates ACES IQ to Provide Guidance on Regulatory Changes Made in Response to COVID-19 National Emergency Declaration

DENVER, Colo. -- ACES Risk Management (ARMCO), the leading provider of enterprise financial risk mitigation solutions, announced it has created a new question set category within its ACES Intelligent Questionnaire (ACES IQ) functionality to house all temporary regulatory provisions issued by state and federal agencies and the GSEs in response to the COVID-19 national emergency declaration. The new category provides ACES users with a centralized repository inside ACES Audit Technology to ensure audits are conducted using the most up-to-date compliance standards.

"With new information and guidance being issued seemingly by the minute at all supervisory levels, the task of collecting and tracking these changes can overwhelm even the most robust compliance department," ARMCO CEO Trevor Gauthier said. "In these challenging times, it is more important than ever for ARMCO to support its customers in their compliance, quality control and risk management efforts, and our team is dedicated to staying on top of these temporary provisions to ensure our clients are always working with the most current information available."

To help the industry at large stay informed of these changes as they arise, ARMCO is also tracking compliance news related to COVID-19 in its Compliance NewsHub, a free credit and compliance research library curated by ARMCO's in-house compliance team covering updates from regulators and investors. Readers can search for all COVID-19 compliance updates and news within the "Disaster News" category. In addition, ARMCO's compliance team has added all current dates for temporary compliance provisions related to COVID-19 on the Compliance Calendar, ARMCO's searchable roundup of compliance dates and deadlines, under the tag "COVID-19."

To subscribe to the Compliance NewsHub Weekly Roundup and Compliance Calendar, visit https://www.armco.us/compliance-newshub/subscribe.

About ARMCO

ARMCO is the leading provider of loan quality enterprise software, services, data and analytics for financial institutions and independent mortgage lenders. Its flagship product, ACES Audit Technology(tm), has set the bar for user definability in its category and is used at virtually every point in the mortgage lifecycle, as well as for a wide range of risk-prone business operations across the consumer lending spectrum. Over half of the top 25 mortgage lenders and 33% of the top 150 lenders and servicers combined choose ARMCO. ARMCO's consultative approach to customer relationships leverages 25 years of risk intel, ensuring that its clients are using the most effective risk mitigation strategies and 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 www.armco.us or call 1-800-858-1598.

Related link: https://www.armco.us/

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Top of Mind gives loan originators must-have text messaging capabilities with SurefireCRM Power Messaging

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 the release of Power Messaging, a feature that enables SurefireCRM users to deliver high-touch text communication to consumers at scale.

Power Messaging makes it easy for loan originators (LOs) to engage prospects and customers with personal and timely text message communications. LOs control when, to whom and under which circumstances messages are sent. For instance, text messages may be sent to individual recipients or to groups of contacts; they may be deployed on a one-off or recurring basis; and they can be pushed immediately or scheduled for future deployment. LOs can even automate text communication with conditional rules and advanced workflows.

Power Messaging enables delivery of long-form messages with rich content. For instance, text messages can be customized with dynamic content, multimedia and external links. Power Messaging does not require recipients to download any apps, subscribe to a cellular data plan or acquire new technology skills. LOs can receive and respond to text messages from a dedicated chat window within the SurefireCRM platform.

"The ability to communicate with consumers on a personal level, on their preferred device, is just as critical to loan officers as being able to reach broad audiences through social media and email," said Top of Mind Chief Creative Officer Sherwood Lawrence. "At Top of Mind, we take people personally. Power Messaging is not a chat bot. What we've done is scale the person behind the process, so that loan officers can meaningfully engage consumers while growing and managing their sales pipelines."

About Top of Mind Networks:

Founded in 2003, Atlanta-based Top of Mind Networks (https://www.topofmind.com) has grown from a bootstrapped post-close, follow-up solution into the leading CRM/marketing automation firm in the mortgage industry. Their Surefire platform is widely regarded as the gold standard in enterprise CRM, automating best practice throughout a borrower's prospect-to-repeat-customer lifecycle.

Twitter: @mortgagecrm #PowerMessaging #mortgagemarketing

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

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FormFree Expands Partnership with American Red Cross of Northeast Georgia in Celebration of 2020 Red Cross Month

ATHENS, Ga. -- FormFree® today announced it is celebrating Red Cross Month by expanding its long-held partnership with the American Red Cross of Northeast Georgia. FormFree will support the Northeast Georgia chapter's mission of alleviating human suffering in the face of emergencies by giving fiscal contributions and engaging in monthly acts of service throughout 2020.

In April, FormFree will kick off its expanded partnership by donating life-saving blood to help hospitals maintain a continuous supply during the novel coronavirus pandemic. According to a recent statement released by the Red Cross, which collects 40 percent of the U.S. blood supply, more than 12,000 blood drives have been canceled across the country as of March 30, leading to an estimated 325,000 fewer blood donations. The resulting blood supply shortage could affect the ability of victims of physical trauma, surgery patients and cancer patients to get the care they need.

"The Red Cross' mission of alleviating human suffering in the face of emergencies resonates powerfully with FormFree's culture of empathy, service and generosity," said FormFree Founder and CEO Brent Chandler. "Although we've long been a partner of the American Red Cross of Northeast Georgia, in today's uncertain environment we feel especially compelled to give back to this vital institution supporting our community."

Chartered in 1917, the American Red Cross of Northeast Georgia provides direct service to 23 Georgia counties by supporting the collection, testing and distribution of blood and blood components in the region, providing emergency resources for military families, facilitating lifesaving training in first aid, CPR and use an AED and helping people and communities impacted by disasters. Red Cross Month is a nationwide tradition begun by President Franklin D. Roosevelt in 1943.

"FormFree shares our passion for serving our nation's veterans and communities in need," said Marlon Trone, executive director of the American Red Cross of Northeast Georgia. "We thank them for their continual generosity and look forward to working alongside them for the betterment of our community for years to come."

FormFree has participated in numerous community awareness and service events hosted with the Red Cross of Northeast Georgia since the company's founding in 2008. Brent Chandler joined the Red Cross of Northeast Georgia's board of directors in 2017.

About FormFree:

FormFree® is a market-leading fintech company whose revolutionary products AccountChek® 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.

About the American Red Cross

The American Red Cross shelters, feeds and provides emotional support to victims of disasters; supplies about 40 percent of the nation's blood; teaches skills that save lives; provides international humanitarian aid; and supports military members and their families. The Red Cross is a not-for-profit organization that depends on volunteers and the generosity of the American public to perform its mission. For more information, please visit https://www.redcross.org or cruzrojaamericana.org, or visit us on Twitter at @RedCross.

Twitter: @RealFormFree @RedCross @NEGAARC #RedCrossMonth

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

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DocMagic Launches AutoPrep Technology, Enabling Total eClose™ to Accept Documents from Any Provider for Paperless eClosings

TORRANCE, Calif. -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, today announced the launch of AutoPrep, a new technology that enables the company's Total eClose™ platform to accept documents from any source - including non-e-enabled documents.

AutoPrep leverages sophisticated artificial intelligence, OCR and machine learning technologies to scan and parse documents, locate all signature and notary regions, then electronically tag them for eClosing, thus changing any document into a fully e-enabled document in seconds. As a result, lenders can use loan documents produced by virtually any document provider, from standard documents to partially e-enabled documents, with Total eClose and benefit from the technology's end-to-end, 100 percent paperless eClosing process.

AutoPrep can learn the nuances of specific documents and adjust accordingly going forward, identify whether signatures are improperly placed or missing, find e-tags placed by other providers, and even read documents that have been partially but not fully converted into e-enabled documents. In addition, because AutoPrep flags documents when it identifies situations that are outside the norm, closing personnel can be more productive by managing exceptions, rather than combing over every page of a document package.

"With AutoPrep, there isn't a single document that cannot be converted into a compliant e-enabled document and brought into Total eClose for electronic signature," said Dominic Iannitti, CEO of DocMagic. "While eClosings are more efficient, compliant, and enable the level of service consumers expect, they aren't as common as they should be. One reason is that some lenders are tied to systems that don't produce e-enabled documents. With AutoPrep, lenders can transition more quickly to an eClosing workflow bringing efficiency, consistency and significant improvement to the user experience."

AutoPrep is a feature of DocMagic's Total eClose platform, which was recognized as the mortgage industry's leading eClosing technology based on market share, overall satisfaction, and lender loyalty in STRATMOR Group's 2019 Mortgage Technology Insight Study. A comprehensive solution, it delivers a completely paperless workflow and seamlessly integrates every component of the closing process.

"DocMagic is known for its commitment to moving the mortgage industry forward with advancements like a 100 percent paperless end-to-end eClosing process," said Iannitti. "As the industry's eClosing leader, we are positioned to fill the gaps left by less advanced technologies. AutoPrep solves the longstanding and frustrating challenge that lenders face when they want to advance to eClosing, but are held back by their technology providers."

To learn more about AutoPrep, interested parties can sign up for a brief online demo of the new solution by emailing sales@docmagic.com.

About DocMagic:

DocMagic, Inc. is the leading provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions for the mortgage industry. Founded in 1987 and headquartered in Torrance, Calif., DocMagic, Inc. develops software, mobile apps, processes and web-based systems for the production and delivery of compliant loan document packages. 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/.

Social Media: @DocMagic #DocMagic #AutoPrep #TotaleClose #eClosingLeader

Media Contact:
Joe Bowerbank
Profundity Communications, Inc.
949-378-9685
jbowerbank@profunditymarketing.com

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Alpine Bank Selects CompenSafe by LBA Ware for Efficient, Accurate and Scalable Compensation Plan Management

MACON, Ga. -- LBA Ware™, a leading provider of incentive compensation management (ICM) and business intelligence software solutions for the mortgage industry, announced that full-service community bank Alpine Bank has implemented CompenSafe™ to automate incentive compensation for its mortgage loan originators and fulfillment staff.

Headquartered in Glenwood Springs, Colorado, Alpine Bank's mortgage division serves the home purchase and refinance needs of borrowers throughout the state's Western Slope and Front Range regions. The bank offers monthly commission opportunities to its 16 mortgage loan originators and awards per-file bonuses to processing, closing and underwriting staff. Although the mortgage division is small, Alpine Bank has a variety of compensation plans that pay out differently depending on the originator's experience and how established they are in the market.

Managing, calculating and communicating incentive compensation back to employees used to be something Mortgage Division President Dave Roberts did manually, but since the beginning of the year, Alpine Bank has been using LBA Ware's CompenSafe to complete those processes more efficiently and with greater accuracy.

"Calculating commissions and bonuses using spreadsheets is time-consuming and, like all manual processes, subject to fat-finger mistakes," Roberts said. "CompenSafe eliminates the opportunity for error by capturing pipeline information directly from our loan origination system. Pay is calculated automatically and available for employee review at the same time each month, like clockwork, no matter what else is on my plate."

"CompenSafe helps lending operations of every size transform incentive compensation from a process that's a drag on resources to one that is pinpoint accurate and effortlessly scalable," said LBA Ware Founder and CEO Lori Brewer. "It's a perfect match for a community bank like Alpine that remains rooted in values like service and transparency even as it continues to modernize and grow."

About Alpine Bank:

Employee-owned and locally operated, Alpine Bank is a full-service community bank that has been a part of Colorado since 1973. With 40 convenient locations from Durango to Denver, including Front Range branches in Denver and Boulder, Alpine Bank serves 140,000 customers with personal, business, wealth management, mortgage and electronic banking services. Alpine Bank's employees and managers, many of whom have been with the bank for 10 years or longer, share a commitment to remaining a true community bank offering localized and dedicated service. For more information, visit https://www.alpinebank.com/.

About LBA Ware™:

LBA Ware is a leading provider of cloud-based software for mortgage lenders. Since 2008, LBA Ware has been on a mission to help mortgage companies reach new heights with software that integrates data, incentivizes performance and inspires results. Today, lenders of all sizes, including some of the nation's top-producing mortgage companies, use LBA Ware's award-winning technology to enhance lender experiences and maximize the human potential within their organizations. A 2019 Inc. 5000 fastest-growing private company, LBA Ware is headquartered in Macon, Georgia. For more information, visit https://lbaware.com.

Twitter: @LBAWare @AlpineBankColo #CompenSafe

Related link: https://go.lbaware.com/

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Valligent Technologies Wins HousingWire Tech100 Award for Second Consecutive Year

ROSEVILLE, Calif. -- Valligent Technologies (Valligent), the leading residential valuation technology company, today announced that it has been awarded HousingWire's Tech100 award for the second consecutive year.

Now in its eighth year, the HousingWire Tech100 program recognizes the most innovative technology companies in the U.S. housing economy. For 2020, HousingWire recognized Valligent for the VRAR (Virtual Residential Appraisal Report), a 100 percent regulatory compliant full interior inspection appraisal that can be completed in as little as one hour, rather than the typical five to ten days.

The VRAR uses virtual property inspections conducted through a new mobile technology. The technology is so comprehensive that it enables an inspector to complete a comprehensive inspection without being on the property. Valligent has been using the virtual property inspections for the past year and has perfected the proprietary patent-pending technology during that time.

"Many are concerned about the coronavirus pandemic, and borrowers are very uneasy about having a stranger inside their homes," said Jeremy McCarty, CEO of Valligent Technologies. "On the other side of the equation, appraisers are becoming increasingly hesitant to inspect properties. A virtual property inspection eases fears and provides an enhanced borrower experience. Given the circumstances, that's as important, or more, as its speed and efficiency."

The appraisal inspection is the only aspect of the residential loan process that traditionally necessitates person-to-person contact, as the appraiser must enter the borrower's home to complete the property inspection.

With the VRAR, the homeowner simply schedules the inspection time and date through a web calendar and the inspection can take place in as little as one hour later. The VRAR is completed shortly thereafter by a Valligent certified appraiser.

The goal of the Tech100 program is to provide housing professionals with a definitive list of the most innovative and impactful companies that can be leveraged to identify partners and solutions to the problems that mortgage lenders and real estate professionals face every day.

About Valligent Technologies

Valligent Technologies is an award-winning, provider of alternative residential valuation solutions employing patent pending processes and technologies. Over the past year, the company's VRAR has gained significant attention among lenders, the GSEs and the media as the industry's first 100 percent regulatory compliant full interior inspection appraisal that can be completed in as little as one hour, rather than the typical five to ten days. Valligent, which counts among its customers hundreds of banks, credit unions, and financial institutions, was established in 2002 and is based in Roseville, California.

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

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

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The MReport Recognizes Global DMS as Top 25 Fintech Innovator for its EVO™ Appraisal Management Software

LANSDALE, Pa. -- Global DMS, a leading provider of cloud-based appraisal management software, announced that it has been selected by MReport for its inaugural "Top 25 Fintech Innovators" award, which recognizes fintech companies within the mortgage industry that are poised to shape the future of the industry in 2020 and beyond.

As part of its selection process, The MReport noted that it solicited submissions from mortgage companies that work in all sectors, from lenders and servicers to title companies and property preservation experts.

"Our industry is constantly evolving as disruptors and tech leaders challenge the status quo," said Ed Delgado, President and CEO of Five Star Global. "We are proud to showcase these fintech innovators who continue to drive progress across the mortgage market."

Global DMS® was recognized for its EVO-Res™ appraisal management software - the industry's most advanced valuation technology for residential lenders, AMCs, and appraisers. Unlike other platforms on the market, EVO-Res is changing the valuation landscape by shattering the constraints of yesteryear software designs, offering state-of-the-art technological advances that allow end-users to work the way they need to work.

EVO-Res was built with the end-user in mind, providing a userroll-based workflow that is 100% configurable. Clients can tailor the software to their needs with an out-of-the-box implementation and delivery time - no development intervention needed. In fact, EVO-Res is so highly configurable that new fields can be added on the fly and are instantly reportable.

In developing EVO-Res, Global DMS spent several years defining requirements, collaborating with clients, and analyzing best practices for every aspect of the appraisal process. The platform's numerous features and powerful workflow mean users no longer have to operate additional modules or other software in conjunction with their valuation management software - thus achieving a streamlined process that saves time and money.

"Global DMS is truly honored to be recognized as a Top 25 Fintech Innovator," said Vladimir Bien-Aime, President & CEO of Global DMS. "This will serve as a strong motivator as we continue our endeavor to remain a reliable asset to the mortgage lending industry."

For the complete list of The MReport's Top 25 Fintech Innovator award winners, please visit: https://themreport.com/daily-dose/03-02-2020/honoring-the-leaders-in-fintech

About Global DMS:

Founded in 1999 and headquartered in Pennsylvania, Global DMS is a leading provider of cloud-based commercial and residential real estate valuation solutions. The company's solution set is cost effectively delivered on a software-as-a-service (SaaS) transactional basis that ensures compliance adherence, reduces costs, increases efficiencies and expedites the entire real estate appraisal process.

Global DMS solutions include its new EVO-Residential™ (EVO-Res) platform for residential lending, EVO-Commercial™ (EVO-C) platform for commercial lending, eTrac® Enterprise valuation management platform for residential lending, SnapVal™ appraisal pricing solution, eTrac WebForms, Global Kinex®, AVMs, the MISMO Appraisal Review System (MARS®), ATOM (Appraisal Tracking on Mobile. For more information, visit https://www.globaldms.com/ or call (877) 866-2747.

About Five Star Global

Based in Dallas, Five Star Global (FSG) is a national trade association supporting the U.S. residential mortgage and real estate market through membership groups, publishing, conferences, education services, and strategic events. FSG advocates on behalf of and for industry stakeholders on policy matters and interests established to protect, preserve, and promote homeownership. Learn more at http://thefivestar.com/.

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

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