Mortgage
Independent, Third-Party Analysis Shows SimpleNexus Digital Mortgage Platform Delivers 9X ROI
LEHI, Utah — SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers, real estate agents and settlement agents, today released key findings from an independent, third-party analysis quantifying mortgage lenders’ monetary return on investment (ROI) in SimpleNexus….
LBA Ware Recruits Fintech Data Expert Matt Semrad to Build Predictive Analytics for LimeGear BI Platform
MACON, Ga. — LBA Ware, a leading provider of incentive compensation management (ICM) and business intelligence (BI) software solutions for the mortgage industry, has hired veteran fintech executive and data analytics expert Matt Semrad to enhance its BI platform LimeGear with predictive loan production analytics and machine learning….
Promontory MortgagePath Adds New Sales Executives to Capitalize on Interest in Its Mortgage Fulfillment, Fintech Offerings
DANBURY, Conn. — Promontory MortgagePath LLC, a leading provider of comprehensive digital mortgage origination and tech-driven fulfillment solutions, announced today that it has hired Jordan Higgins and Kim Joyce as regional vice presidents in the company’s sales division. The new hires are the latest result of Promontory MortgagePath’s accelerated recruitment efforts….
FormFree to Host Heroes Golf Classic on Oct. 30 in Support of the American Red Cross
ATHENS, Ga. — FormFree® today announced it will host the 2020 Heroes Golf Classic on October 30, 2020, at Château Élan in Braselton, Georgia. All proceeds from the charity golf tournament will be donated to the American Red Cross of Northeast Georgia, a 501(c)(3) nonprofit that helps feed, shelter and provide support for people affected by fires and other disasters….
Uncertainty Due to Short-Notice FHFA Directive Amplifies Harm to Borrowers
SAN DIEGO, Calif. — Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory firm, analyzed the potential effect of Wednesday’s fifty basis points worsening in prices paid by Fannie Mae and Freddie Mac for most mortgage refinances….
7 Mortgage Implements OpenClose’s LOS & POS to Support Its Network of Credit Union Members
KNOXVILLE, Tenn. — 7 Mortgage, a credit union service organization (CUSO), announced that it went live with OpenClose’s end-to-end loan origination system (LOS) allowing its partner credit unions to leverage the mortgage industry’s leading technology. The OpenClose solution allows 7’s CUSO members to efficiently and effectively complete mortgage loans – from start to finish – via a centralized platform rated #1 by multiple independent studies….
ARMCO Executive Joins QC-Focused Panel for Mortgage Bankers Association’s Virtual Risk Management Conference
DENVER, Colo. — ACES Risk Management (ARMCO), the leading provider of enterprise quality management and control software for the financial services industry, announced that Executive Vice President of Operations, Sharon Reichhardt has been selected to speak on the topic of quality control during the MBA Live – Risk Management, QA and Fraud Prevention Forum 2020, hosted virtually September 15 – 16, 2020 by the Mortgage Bankers Association (MBA)….
New SimpleNexus eClosing feature enables mortgage lenders to conduct speedy and convenient hybrid closings of purchase and refinance loans
LEHI, Utah — SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced the release of SimpleNexus eClosing, a new feature that enables lenders to conduct hybrid closings for purchase and refinance loans….
MCT Fortifies Its Team of Mortgage Industry Leaders Before 2020 Market Volatility
SAN DIEGO, Calif. — Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that it appointed two mortgage industry veterans in early 2020 which strengthen its support to the capital markets community during the worldwide pandemic and associated financial turbulence….
Mid America Mortgage’s Kara Lamphere Named 2020 HW Woman of Influence
ADDISON, Texas — Mid America Mortgage, Inc. (Mid America) announced today that Chief Operating Officer Kara Lamphere has been named a 2020 HousingWire Woman of Influence. A two-time winner (2017), Lamphere was recognized this year for her continued efforts to push the envelope regarding what is possible for lenders in today’s origination environment….