Business, Free News Articles

DocMagic to Give Away its Popular Bunny Slippers to Donors at Upcoming Los Angeles-Area Blood Drive

TORRANCE, Calif. -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, automated regulatory compliance and comprehensive eMortgage services, announced that it will be offering its signature pink bunny slippers to each person that donates blood at an upcoming mobile blood drive on Sunday, May 16, in downtown Los Angeles.

The blood drive is being held by non-profit organization Golden Heart LA in conjunction with Children's Hospital Los Angeles (CHLA) to help patients. A single pint of blood can save up to two patients' lives, according to the hospital.

Every month, CHLA patients need approximately 2,000 units of blood and blood components as part of the life-saving care provided at the hospital. To provide these units to patients, CHLA collects blood from approximately 800 blood donors per month. Nearly 90 percent of the blood transfused at the hospital comes directly from its donor center. CHLA says that in order to cover patient use, it requires continued blood donations to sustain the needs of patients.

EVENT DETAILS:

* What: Mobile blood drive

* When: Sunday, May 16, 2021 from 9:00 a.m. to 3:00 p.m. PDT

* Where: Onsite Bus - 530 Ramirez Street; Los Angeles, Calif. 90012 (Denny's Parking Lot)

Golden Heart LA is dedicated to helping children who suffer from life-threatening diseases, disabilities, and illnesses. The organization regularly works with CHLA and other entities to hold blood drives at various locations throughout Southern California.

DocMagic was founded in 1987 by Dominic Iannitti and has developed a reputation of getting involved in events that help charitable causes, especially those pertaining to children. The company's long-time mascot, named "Doc," is a novel bunny that has become a recognizable part of its brand within the mortgage industry.

Notable is that the genesis behind the bunny slippers started in 2016 when they were officially introduced at a mortgage technology convention in Los Angeles to celebrate the release of DocMagic's Total eClose™ eClosing system. Hundreds of conference attendees wore the slippers, which symbolized comfort and borrowers' newfound ability to easily close a mortgage loan electronically in the comfort of their own homes.

As a result of the pandemic, DocMagic's eClosing solution has been paramount to ensuring the safety of consumers by eliminating the need for borrowers to travel and sign loan documents in person.

DocMagic's slippers have grown in popularity over the years after being provided at the Total eClose product launch as well as other events and special occasions. Typically pink in color, the latest version of the slippers has been switched to purple to represent DocMagic's corporate branding. They are regularly given to good causes as a way of saying "thank you" to volunteers and participants.

More details about the one-day event are available on Golden Heart LA's Instagram page @GoldenHeartLA. Appointments can be made by visiting Children's Hospital Los Angeles's blood donation website https://www.chladonateblood.org/ or by calling 323-361-2441.

About DocMagic:

DocMagic, Inc. is the leading provider of fully compliant document generation, automated compliance, eSignature and comprehensive eMortgage solutions for the mortgage industry. Founded in 1987 and headquartered in Torrance, Calif., DocMagic, Inc. develops award-winning software, mobile apps, processes, and web-based systems for the production and delivery of compliant loan document packages. The company's solutions connect industry participants, promote collaboration, and data integrity to execute precision-based digital lending transactions. 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/.

About Children's Hospital Los Angeles:

Founded in 1901, Children's Hospital Los Angeles is the highest-ranked children's hospital in California and fifth in the nation on the prestigious U.S. News & World Report Honor Roll of best children's hospitals. U.S. News ranks Children's Hospital Los Angeles in all 10 specialty categories. Clinical care at the hospital is led by physicians who are faculty members of the Keck School of Medicine of USC through an affiliation dating from 1932. The hospital also operates the largest pediatric residency training program at a freestanding children's hospital in the Western United States. The Saban Research

Institute of Children's Hospital Los Angeles is home to all basic, translational, clinical and community research conducted at the hospital, allowing proven discoveries to quickly reach patients. Our mission: to create hope and build healthier futures. To learn more, follow us on Facebook, Instagram, LinkedIn, YouTube and Twitter, and visit our blog at https://www.chla.org/chla-blog.

MEDIA CONTACT:
Joe Bowerbank
Profundity Communications, Inc. for DocMagic
949-378-9685
jbowerbank@profunditymarketing.com

Social Media: @DocMagic #ChildrensHospitalLosAngeles #GoldenHeartLA #BloodDonations #MobileBloodDrive #SaveLives

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

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Business, Free News Articles, Software

MCT’s Enhanced Best Execution (EBX) Technology Automates MSR Retain-Release Decisions

SAN DIEGO, Calif. -- Mortgage Capital Trading®, Inc. (MCT), the leading mortgage hedge advisory and secondary marketing software firm, announced today their Enhanced Best-Execution (EBX) tool used for MSR retain-release decisions has now automated the function of pulling comprehensive data from MCTlive!® and MSRlive!®. This new automation eliminates the need entirely for secondary marketing professionals to manually upload data and provides users with real-time execution to inform their servicing retain-release decisions.

The release of this new automation marks an industry first, allowing users to analyze loan sale and MSR data for speedy retain-release decisions. With the click of a button, clients can get much more strategic about their servicing decisions than previously possible by better understanding the impact of retaining servicing, including cash break-even point, cash drain and tax implications.

This tool equips clients for advance decision making by leveraging all of the relevant data elements, while the automation quickly analyzes the data and provides a simple, user friendly recommendation.

"The automation of our EBX functionality is instrumental to ensuring our clients can quickly make the most accurate and strategic retain-release decisions, especially during times of increased market volatility," said Phil Laren, Director of MSR Services, MCT. "What was once a cumbersome process has now been completely automated with EBX. With a click of a button, clients obtain valuable insight designed specifically to assist with strategic and thoughtful retain-release decisioning."

EBX is just one of the many tools that MCT offers in addition to support and a dedicated client services team. Visit https://mct-trading.com/, email David Burruss at dburruss@mctrade.net, or call (703) 286-9389 to learn about the numerous functionalities of the platform.

About MCT:

Founded in 2001, Mortgage Capital Trading, Inc. (MCT) has grown from a boutique mortgage pipeline hedging firm into the industry's leading provider of fully integrated capital markets services and technology. MCT offers an array of best-in-class services and software covering mortgage pipeline hedging, best execution loan sales, outsourced lock desk solutions, MSR portfolio valuations, business intelligence analytics, mark to market services, and an award-winning comprehensive capital markets software platform called MCTlive! MCT supports independent mortgage bankers, depositories, credit unions, warehouse lenders, and correspondent investors of all sizes. Headquartered in San Diego, California, MCT also has offices in Philadelphia, Healdsburg, and Texas. MCT is well known for its team of capital markets experts and senior traders who continue to provide the boutique-style hands-on engagement clients love.

For more information, visit https://mct-trading.com/ or call (619) 543-5111.

Media Contact:
Ian Miller
Chief Marketing Officer
Mortgage Capital Trading
619-618-7855
pr@mctrade.net

Related link: https://mct-trading.com/

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Advertising and Marketing, Business, Free News Articles, Product Launches, Software

Top of Mind launches ‘Retention Center’ to help loan originators foster customer loyalty

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 it has launched the Surefire CRM Retention Center to help loan originators (LOs) foster loyalty among their clients.

The Retention Center is an online retention gift store that enables loan originators (LOs) to curate a gift-receiving experience for clients in lieu of or in addition to corporate-level client retention initiatives. Within the Retention Center, LOs can build automated retention gift campaigns based on rules such as loan type (refinance or purchase), loan amount and occasion. Once a retention gift campaign has been activated, Top of Mind dynamically customizes, professionally packages and ships the retention gift to its recipient. Retention Center gift options include bamboo cutting boards, premium whole-bean coffee, a self-inking address stamper and dynamic birthday cards.

"There are innumerable studies that illustrate how customer retention is a critical component of company growth. Retaining customers is less expensive than acquiring new ones, and loyal customers are more likely to spend more and refer family and friends," said Top of Mind Chief Revenue Officer Nick Belenky. "We launched the Retention Center to help lenders strengthen borrower repeat business with unique gifting opportunities that make clients feel valued and help originators stay 'top of mind.'"

Top of Mind's Surefire CRM is the most-used CRM and marketing platform in the mortgage industry. Mortgage professionals of all stripes - including retail, wholesale, consumer direct and bank lenders - strengthen referral partnerships and deepen their emotional connections with borrowers to cultivate clients for life.

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 Surefire CRM 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 are able to effortlessly maintain and deepen their emotional connections with clients.

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

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Awards and Honors, Business, Free News Articles

FormFree’s Christy Moss Lauded as 2021 Mortgage Star by Mortgage Women Magazine

ATHENS, Ga. -- FormFree® today announced Christy Moss, head of sales and marketing at FormFree, has been named a Mortgage Star by Mortgage Women Magazine for her trailblazing 30-year career in the mortgage industry.

Moss has held advanced positions at organizations such as CitiMortgage, Wachovia and GE Capital Mortgage Services. Notably, she held an 11-year tenure at Fannie Mae, where she played a critical role in restoring strength to the mortgage economy by educating lenders and vendors about digital transformation initiatives. At Fannie Mae, Moss personally helped over a hundred lenders gain seller-servicer status and annually addressed over 3,000 mortgage industry professionals at industry engagements.

Currently, Moss is driving digital transformation for consumers, lenders and investors at FormFree, with the goal of building a more inclusive credit decisioning landscape. By encouraging lenders to view borrower ability to pay (ATP) with FormFree's revolutionary products AccountChek® and Passport®, Moss and FormFree are enabling lenders to expand their credit box without increased risk.

"2008 opened my eyes to how important the housing industry is to the US economy and since then it's been my calling to improve the mortgage process for everyone," said Moss. "I'm humbled to receive this award and I'm extremely proud of the work we're doing at FormFree."

Recipients of the Mortgage Women Magazine Mortgage Star award will be featured in the magazine's May/June issue in addition to being recognized at the Mortgage Star conference in Memphis May 4-7.

About FormFree®

FormFree® is a market-leading fintech company whose revolutionary products AccountChek® and Passport® make for a more inclusive credit decisioning landscape by enabling lenders to understand people's true ability to pay (ATP®). To date, thousands of U.S. lenders and brokers have ordered millions of FormFree's patented verification reports representing trillions of dollars in loan verifications. FormFree delights borrowers and lenders with a paperless experience, dramatically reduces origination timelines and offers automated analysis and standardized delivery to lenders and investors using a secure ReIssueKey®. For more information, visit https://www.formfree.com/ or follow FormFree on LinkedIn.

Twitter: @RealFormFree #mortgageindustry #fintech

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

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Awards and Honors, Business, Free News Articles

SimpleNexus President Cathleen Schreiner Gates Named 2021 Mortgage Star by Mortgage Women Magazine

LEHI, Utah -- SimpleNexus (https://simplenexus.com/), developer of the leading homeownership platform for loan officers, borrowers, real estate agents and settlement agents, today announced Mortgage Women Magazine has recognized Cathleen Schreiner Gates as a Mortgage Star.

Known for her reputation in early-stage global and software-as-a-service (SaaS) organizations, Schreiner Gates was recognized by the Mortgage Women Magazine for her recent successes with SimpleNexus. As president of SimpleNexus, Schreiner Gates has grown staff by 63% and overseen the release of new features designed to facilitate a more streamlined, "from anywhere" lending experience for all stakeholders in the mortgage lending transaction. In January 2021, Schreiner Gates helped lead a $108 million Series B funding round led by global venture-capital and private-equity firm Insight Partners and TVC Capital.

"I'm humbled to be selected by Mortgage Women Magazine for this award. Developing people and companies has long been a passion of mine," said Schreiner Gates. "It is thrilling to have a hand in the vision SimpleNexus has for mortgage technology."

Before her engagement with SimpleNexus, Schreiner Gates served as EVP of sales and marketing at Ellie Mae. Constructing unprecedented growth in 2017, Schreiner Gates led the company to earn reported revenue of $417.0 million, up from $360.3 million in 2016. That same year, Schreiner Gates' sales and services department was responsible for booking 40,800 Encompass seats, taking the total number of users to 242,000. Her career has been characterized by expertise in both outside and inside sales channels, business development, market assessment, professional services, demand creation, customer service, operations and support.

Recipients of the Mortgage Women Magazine Mortgage Star award will be featured in the magazine's May/June issue in addition to being recognized at the Mortgage Star conference in Memphis May 4-7.

About SimpleNexus, LLC:

SimpleNexus is a homeownership platform transforming the mortgage experience and connecting borrowers, loan officers, real estate agents and settlement service providers throughout the homebuying process. The platforms' native mobile toolset enables lenders to originate, process and close home loans from anywhere with increased efficiency and convenience. Loan officers can manage their loan pipelines, order credit, run pricing, send pre-approvals, sign disclosures and execute eClosings - all on the go. SimpleNexus provides borrowers with a single sign-on experience from home search to the application, document upload, eClose and beyond for a more streamlined homeownership journey.

Twitter: @SimpleNexus #digitalmortgage #mortgageindustry #mortgagelending @MortgageWomen #MortgageStars

Related link: https://simplenexus.com/

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Business, Free News Articles, Reports and Studies

LBA Ware’s Q1 2021 Mortgage Loan Compensation Report shows slight decrease in basis points paid

MACON, Ga. -- LBA Ware™, a leading provider of incentive compensation management (ICM) and business intelligence (BI) software solutions for the mortgage industry, today released summary statistics on the state of mortgage industry loan compensation in the first quarter of 2021. The firm's analysis of data from its CompenSafe™ ICM platform showed that increases in year-over-year refinance and purchase loan volume contributed to higher overall commissions for loan originators (LO) and loan processors despite a slight decline in basis points (BPS) paid per loan.

Methodology

LBA Ware reviewed account data for mortgage lenders who used CompenSafe to automate incentive compensation throughout the first quarters of both 2020 and 2021. The controlled, sample dataset consisted of retail, first-lien production from LOs and loan processors with at least six funded loans during the three-month period beginning January 1, 2021, and ending March 31, 2021.

Key Findings:

* Commissions earned by LOs in Q1 2021 increased 52% from Q1 2020 because the average LO funded 55% more loan volume in Q1 2021 than in Q1 2020.

* LOs averaged $1.43M in funded refinance volume per month, an increase of more than 87% over Q1 2020 ($764k), and received an average of 96.332 BPS per refinance loan (versus 96.944 BPS in Q1 2020).

* Purchase volume grew 22% year-over-year, with LOs averaging $1.11M in funded purchase loans per month (versus $912k in Q1 2020) and receiving on average 109.091 BPS per purchase loan (versus 108.251 in Q1 2020).

* Although LO paychecks were larger in Q1 2021 than Q1 2020, the uptick in refinance production and slight downward pressure on BPS paid for refinance loans contributed to a 1.79% decrease in overall per-loan commissions from 103.564 BPS in Q1 2020 to 101.709 BPS in Q1 2021.

* Loan processors handled 29% more loans per month in Q1 2021 compared to Q1 2020, fueling a 51% increase in average incentive compensation earned from $1,451 per processor per month in Q1 2020 to $2,194 in Q1 2021.

* Loan teams grew significantly from Q1 2020 to Q1 2021, with the average lender increasing LO head count by 32% and processor head count by 58%.

* On average, 3.6 individuals were paid a form of loan compensation per loan unit in Q1 2021 (versus 3.2 individuals in Q1 2020).

"They say 'many hands make light work,' and in the first quarter of this year we definitely saw lenders sharing the workload," said LBA Ware Founder and CEO Lori Brewer. "Lenders employed 32% more originators and 58% more processors than this time last year and paid incentive compensation to an average of three to four individuals per loan. So far, volume remains brisk across purchase and refi, but as refi volume wanes it could prove difficult to sustain this level of staffing. This is a trend we will be monitoring closely in the coming months."

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, more than 100 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 2020 Inc. 5000 fastest-growing private company, LBA Ware is headquartered in Macon, Georgia. For more information, visit https://www.lbaware.com/.

Twitter: @LBAWare #mortgageindustry #mortgagetechnology #mortgagelending

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

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Awards and Honors, Business, Free News Articles

Mid America Mortgage CFO Michael Kennemer Receives HousingWire’s Inaugural 2021 Finance Leaders Award

ADDISON, Texas -- Mid America Mortgage, Inc. (Mid America) announced today that its Chief Financial Officer (CFO) Michael Kennemer has been named to HousingWire's inaugural 2021 Finance Leaders awards, recognizing the top finance executives driving financial performance, expanding margins, improving liquidity and helping their businesses access capital markets.

"The last twelve months have been one of the most tumultuous and action-packed periods in the history of housing finance. It's incredibly notable that the organizations that had their financial strategy in order prevailed and were able to benefit from housing and capital marketing dynamics in a big way," said Clayton Collins, CEO of HW Media. "We launched the HousingWire Finance Leaders award to recognize the CFOs and senior finance executives who enabled growth, led IPOs and fundraising initiatives and helped their companies capture market share."

Kennemer's efforts over the last 12 years have enabled Mid America to further its eMortgage capabilities, expand warehouse lending operations and optimize capital markets execution to assist in divisional and overall profitability. He has earned an internal reputation for working closely with all branches and divisions to maximize profits and reduce expenses, resulting in a 1,757% year-over-year increase in Mid America's profits in 2020. As CFO, Kennemer has also yielded a 33x increase in the company's net worth in less than 10 years.

"Michael Kennemer's adept financial stewardship over the past decade-plus has enabled Mid America's expand and modernize its operations so that we can provide borrowers the best digital mortgage experience possible," said Mid America Owner and Chief Executive Officer Jeff Bode. "We are extremely proud to have him as our CFO and offer our sincerest congratulations for this well-deserved recognition."

Finance Leaders are selected by HousingWire's Selection Committee based on their professional achievements within their organizations, contributions to the overall housing economy, client impact and personal success. These outstanding professionals are made up of strategic leaders who are paving the way for the future of housing finance. The full list of "2021 Finance Leaders" can be viewed here https://www.housingwire.com/articles/here-are-the-2021-hw-finance-leaders/.

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 Arizent/National Mortgage News, Mortgage Professional America, MReport 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/.

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 40,000 newsletter subscribers daily and over 4 million unique visitors each year. Our audience of mortgage, real estate, financial services and fintech professionals rely on us to Move Markets Forward. Visit https://www.housingwire.com/ or https://www.solutions.housingwire.com to learn more.

Twitter: @midamericamtge @HousingWire #HWfinanceleaders

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

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Awards and Honors, Business, Free News Articles

ReverseVision’s Wendy Peel honored as a Mortgage Women Magazine Mortgage Star for bringing reverse mortgage loans into the mainstream mortgage market

SAN DIEGO, Calif. -- ReverseVision®, the leading national provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, announced Vice President of Sales and Marketing Wendy Peel has been named a Mortgage Star award recipient by Mortgage Women Magazine.

2021 marks the inaugural year of Mortgage Women Magazine's Mortgage Star award program. The initiative honors "women at all levels of the mortgage industry who are finding ways to inspire, advance and achieve beyond the norm."

Peel was recognized as a powerful advocate for expanding HECM and reverse mortgage lending opportunities to older Americans. As an industry thought leader, Peel has made substantial progress in righting the reputation of reverse mortgage lending programs since joining ReverseVision in 2015. More recently her efforts have revolved around educating lenders about how advancements in mortgage technology have made it possible to elevate reverse mortgages as a staple lending program alongside traditional forward lending options.

"Wendy is a passionate and effective advocate of reverse mortgage lending who is committed to helping lenders bring to market reverse mortgage lending programs, which have the ability to transform older Americans' financial outcomes as they age," said Joe Langner. "Wendy has made a great impact on this industry and her recognition as a Mortgage Star is well deserved."

Thirty-eight women were selected as Mortgage Stars by Mortgage Women Magazine. They were honored in an awards ceremony on May 5 and have been profiled in the May/June edition of Mortgage Women Magazine, viewable at this link: https://issuu.com/ambizmedia/docs/2021_mwm-mayjune_issuu?fr=sYjVlYjM1Nzk5NDM.

About ReverseVision

Founded in 2007, ReverseVision®, Inc. is the leading national Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology platform, supporting more reverse mortgage transactions than all other systems combined. The company's comprehensive product suite aligns to lenders' unique business and operational models, connecting all lending participants across the entire reverse mortgage lifecycle. A five-time HousingWire TECH100(tm) company, ReverseVision is a privately held company based in San Diego, California.

For more information, visit https://www.reversevision.com/.

Twitter: @reversevision #digitalmortgage #HECM

Facebook: @ReverseVision

LinkedIn: @ReverseVision

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

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Awards and Honors, Business, Free News Articles

NotaryCam’s Expanded Remote Notarization Functionality Receives Honorable Mention In Pandemic Response Category for Fast Company’s 2021 World Changing Ideas Awards

NEWPORT BEACH, Calif. -- NotaryCam®, a Stewart-owned company and a pioneering provider of remote online notarization and identity verification/authentication technology for real estate and legal transactions, announced today that its remote ink notarization (RIN) functionality and remote online notarization (RON) expansion has been included in the 2021 Fast Company World Changing Ideas Awards. NotaryCam's products garnered an honorable mention in the Pandemic Response category, highlighting the importance of remote notarization in 2020.

The winners of Fast Company's 2021 World Changing Ideas Awards were announced today, honoring the businesses, policies, projects, and concepts that are actively engaged and deeply committed to pursuing innovation when it comes to solving health and climate crises, social injustice, or economic inequality.

When COVID-19 hit, the demand for NotaryCam's services increased almost overnight by 300%. The increase forced NotaryCam to think outside the box to meet the demand of people who had to bypass the challenge of social distancing. The NotaryCam team created a new workflow process to accommodate the new demand so that NotaryCam's client's needs could continue to be met amidst the pandemic.

In response to restrictions imposed on in-person gatherings due to COVID-19, legislators across the U.S. passed temporary measures authorizing RON to ensure notarial activities, including real estate closings, could continue unimpeded. While NotaryCam was fully equipped to handle the increased demand for RON transactions, the company was also tasked with the development of its Concierge Service to accommodate RIN, which many states chose to authorize in lieu of RON in their emergency orders, to ensure home buyers and real estate professionals in every state could utilize the NotaryCam platform to complete their closing ceremony in accordance with their individual state's permanent and/or temporary authorization.

Now in its fifth year, the World Changing Ideas Awards showcase 33 winners, more than 400 finalists, and more than 800 honorable mentions-with Health and Wellness, AI & Data among the most popular categories. A panel of eminent Fast Company editors and reporters selected winners and finalists from a pool of more than 4,000 entries across transportation, education, food, politics, technology, and more. Plus, several new categories were added, including Pandemic Response, Urban Design, and Architecture. The 2021 awards feature entries from across the globe, from Brazil to Denmark to Vietnam.

Showcasing some of the world's most inventive entrepreneurs and companies tackling exigent global challenges, Fast Company's Summer 2021 issue (on newsstands May 10) highlights, among others, a lifesaving bassinet; the world's largest carbon sink, thanks to carbon-eating concrete; 3D-printed schools; an at-home COVID-19 testing kit; a mobile voting app; and the world's cleanest milk.

"With the onset of COVID-19, RON technology and NotaryCam played a critical role not just in moving the housing market forward, but also keeping it from grinding to a complete halt," said Rick Triola, division president of NotaryCam. "I am proud to be able to share this honor with the entire NotaryCam team, which worked quickly and tirelessly to develop and release a RIN product to help accommodate a greater majority of remote closing ceremonies in a socially-distanced world."

"There is no question our society and planet are facing deeply troubling times. So, it's important to recognize organizations that are using their ingenuity, impact, design, scalability, and passion to solve these problems," says Stephanie Mehta, editor-in-chief of Fast Company. "Our journalists, under the leadership of senior editor Morgan Clendaniel, have discovered some of the most groundbreaking projects that have launched since the start of 2020."

About the World Changing Ideas Awards

World Changing Ideas is one of Fast Company's major annual awards programs and is focused on social good, seeking to elevate finished products and brave concepts that make the world better. A panel of judges from across sectors choose winners, finalists, and honorable mentions based on feasibility and the potential for impact. With the goals of awarding ingenuity and fostering innovation, Fast Company draws attention to ideas with great potential and helps them expand their reach to inspire more people to start working on solving the problems that affect us all.

About NotaryCam, a Stewart Company

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, a Stewart-owned company, 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® 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. In addition to real estate transactions, NotaryCam provide RON services for the execution of electronic wills (eWills), legal docs (i.e., power of attorneys) and Apostilles. The company 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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Business, Free News Articles, Software

MCM Capital and its affiliate, Temple View Capital, Select Libretto from Bizzy Labs for Compliance Monitoring on Loan Files

IRVING, Texas -- Bizzy Labs, a regtech company that uses a big data approach to perfect mortgage loan compliance during loan boarding and throughout the life of servicing, announces that MCM Capital and its affiliate, Temple View Capital, have selected Libretto from Bizzy Labs for compliance monitoring on their entire portfolio.

Libretto, a regtech offering from Bizzy Labs, improves loan portfolio compliance by automating identification of data anomalies in loan files, enabling their timely research and remediation. Its comprehensive business rule library is curated by legal and compliance experts and can be configured by loan type. Its systematic and automated approach to loan diligence translates into fewer borrower complaints and higher loan valuations.

"We are pleased that MCM Capital and Temple View Capital have selected Libretto as its compliance monitoring engine," said Gagan Sharma, CEO of Bizzy Labs. "As they work with multiple servicers, Libretto provides a single consistent mechanism to monitor their portfolio."

"We selected Libretto for its advanced design and comprehensive business rules library," said Mike Niccolini, MCM Capital CEO. "It is ideal for monitoring quality and detecting issues that may create compliance risk."

About Bizzy Labs:

Formed in 2020, Bizzy Labs is the product of BSI Financial's decade-long program to develop a technology-based alternative to manual processes that detect loan file anomalies. A stand-alone company located in Irving, Texas, Bizzy Labs provides regtech services to loan investors, originators and servicers. Its core product, Libretto, improves loan performance and profitability by reducing errors that create compliance risk and servicing challenges. Bizzy Labs is located on the Web at http://www.bizzylabs.tech.

About MCM Capital:

MCM Capital ("MCM"), along with its affiliate, Temple View Capital, LLC ("TVC"), based in Bethesda, Maryland, is a leading residential whole loan mortgage investor, manager, advisor, and technology provider. MCM's investment thesis is centered on asset value and servicing arbitrage opportunities created by dislocations in credit markets and underperformance by traditional mortgage servicers. It is located on the Web at https://www.mcmcap.com/.

Social: #BizzyLabs #Libretto #LoanPortfolioQuality #LoanFileComplianceMonitoring #MCMcapital

Related link: https://www.bizzylabs.tech/

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