Tag: Mortgage
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MCT Reports 3% Increase in Mortgage Lock Volume, Refinance Activity Buoys Market
SAN DIEGO, Calif. — Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, announced today a 3.17% increase in mortgage lock volume compared to the previous month. The report highlights key market dynamics, offering industry professionals valuable insights. Industry professionals and enthusiasts are invited to download the complete report…
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Optimal Blue Expands Expertise, Market Leadership With Launch of Two In-House Podcasts
PLANO, Texas — Optimal Blue announced the release of two in-house podcasts that extend the reach of the company’s capital markets experience and expertise built over its decades as the technology leader in its space. The Optimal Insights podcast and video, which will be released weekly, will provide timely analyses of market factors impacting loan…
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Brimma Tech Unveils Advanced AUS Sandbox Solution for Enhanced Mortgage Underwriting
WAKE FOREST, N.C. — Brimma Tech, a pioneering software development company specializing in AI-driven solutions for the mortgage industry, proudly announces the latest release of its Vallia AUS Sandbox. This innovative tool is designed to streamline the mortgage underwriting process, offering simultaneous risk and eligibility assessment capabilities with both Fannie Mae’s Desktop Underwriter® (DU®) and…
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iEmergent revises 2024-2026 U.S. Mortgage Origination Forecast downward
DES MOINES, Iowa — iEmergent, a forecasting and advisory services firm for the financial services, mortgage and real estate industries, today announced downward revision of its 2024-2026 U.S. Mortgage Origination Forecast. Updated to reflect ongoing economic conditions, iEmergent now expects lower-than-anticipated growth for the next two years, particularly in the purchase mortgage market, while refinance…
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M2 Lending Solutions Taps LenderLogix to Provide Automated, Digital-First Borrower Experience
BUFFALO, N.Y. — LenderLogix, a leading provider of mortgage point-of-sale and automation software for banks, credit unions, independent mortgage banks, and brokers, recently announced the addition of M2 Lending to its roster of clients utilizing LiteSpeed, QuickQual and Milestone Text Updates.
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Dark Matter Technologies brings the NOVA LOS under its banner to serve a broader range of mortgage lenders
JACKSONVILLE, Fla. — Dark Matter Technologies (Dark Matter®), an innovative leader in mortgage technology, today announced the addition of the NOVA loan origination system (LOS) to its product lineup. Bringing the NOVA LOS under its banner alongside the Empower® LOS enables Dark Matter to offer two distinct LOS solutions and cater to a more diverse…
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ProPair’s Q2 2024 Impact Study Reveals Significant Gains in Sales Conversions with Predictive Lead Assignments
SAN CARLOS, Calif — ProPair, the fastest way for marketing and sales leaders to implement predictive AI, has released its Q2 2024 Impact Study, showcasing a substantial 46% improvement in sales conversions using Predictive Lead Assignments compared to standard lead assignment methods. This breakthrough underscores the growing importance of data-driven decision-making in sales strategies.
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Critical Defect Rate Rises to 1.58%, Per ACES Mortgage QC Industry Trends Report
DENVER, Colo. — ACES Quality Management® (ACES), the leading provider of enterprise quality management and control software for the financial services industry, announced the release of its quarterly ACES Mortgage QC Industry Trends Report covering the first quarter (Q1) of 2024. The latest report analyzes post-closing quality control data derived from ACES Quality Management &…
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Optimal Blue Rolls Out Innovations in New UI, Gen AI, Originator Capabilities and New No-Cost Solutions
PLANO, Texas — Optimal Blue today announced its extensive plans for innovation across its complete capital markets technology ecosystem leading up to its Optimal Blue Summit, where innovations will be unveiled live. New capabilities will be introduced into the core platform beginning in mid-September and continuing through the Optimal Blue Summit, a national user conference…
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NotaryCam hires Sam McPherson as new Head of Customer Success
HOUSTON, Texas — NotaryCam®, a Stewart-owned company and a pioneering provider of remote online notarization technology for real estate and legal transactions, today announced the appointment of Sam McPherson as the new Head of Customer Success. In this role, McPherson will oversee customer relationships, focusing on delivering an exceptional client experience while driving retention and…