SaaS and Cloud Software
Maxwell Closes New $3M Funding Round to Accelerate Pace of Mortgage Innovation
DENVER, Colo. — Maxwell Financial Labs, Inc., a leading provider of B2B digital mortgage cloud software, announced today a new funding round of $3 million, led by the investment arm of Anthemis Group, a company committed to cultivating change in financial services, with participation from Route66 Ventures and Assurant Inc., along with its existing investors….
FormFree Provides Industry’s Most Complete Analysis of Borrower Ability to Pay with Data from Envestnet | Yodlee Risk Insight Solutions
ATHENS, Ga. — FormFree(R) today announced its expanded partnership with Envestnet | Yodlee (NYSE:ENV), a leading data aggregation and data analytics platform powering dynamic, cloud-based innovation for digital financial services. By leveraging Envestnet | Yodlee Risk Insight Solutions, FormFree will have access to new data points that help to reinforce its position as provider of the most complete and reliable asset, employment and income verification reports in the mortgage industry….
Greenville Public Schools Becomes First School District to Select Synergy Education Platform Through Michigan REMC SAVE Bid Project
GREENVILLE, Mich. — Edupoint Educational Systems has been selected by Michigan’s Greenville Public Schools to implement the company’s industry-leading Synergy(R) Education Platform, replacing PowerSchool in the semi-rural district serving approximately 3,800 students. Greenville’s Synergy solution includes the fully-integrated Synergy Student Information System (SIS), Synergy Online Registration, and Synergy Assessment, as well as the Inspect(R) Item Bank from Key Data Systems that works seamlessly with Synergy Assessment….
DocMagic Opens High-Tech Print Fulfillment Supercenter to Support Growth
TORRANCE, Calif. — DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that it has opened a 12,000 square foot print fulfillment center minutes from its Torrance, California headquarters. DocMagic added the high tech “supercenter” to support lenders’ growing need for secure, compliant paper documents as the mortgage industry transitions to a 100 percent digital mortgage process….
DocMagic’s Jonathan Kearns Appointed to MISMO Residential Standards Governance Committee
TORRANCE, Calif. — DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that Jonathan Kearns has been appointed to the Mortgage Industry Standards Maintenance Organization (MISMO) Residential Standards Governance Committee….
FormFree Appoints Housing Finance Authority Faith Schwartz to Board of Directors
ATHENS, Ga. — FormFree today announced that housing finance expert Faith Schwartz has been elected to its board of directors. Among the most influential leaders in the mortgage industry, Schwartz has played a firsthand role in shaping current housing finance best practices and public policy….
Cloudvirga Names Stephen DeSantis as Chief Financial Officer
IRVINE, Calif. — Cloudvirga, developer of intelligent mortgage point-of-sale (POS) platforms, has appointed Steve DeSantis as its new chief financial officer. A seasoned technology finance executive, DeSantis will be responsible for driving Cloudvirga’s financial strategies to accelerate its growth. He will report to Cloudvirga’s recently appointed CEO Michael Schreck….
Five Top-30 Lenders Choose Cloudvirga’s Digital Mortgage Platform in Last 100 Days
IRVINE, Calif. — Cloudvirga, developer of intelligent mortgage point-of-sale (POS) platforms, has signed five of the nation’s top 30 non-bank lenders in the last 100 days. The new customers collectively originate over $100 billion in loans annually. The announcement follows the firm’s addition of Michael Schreck as CEO in June and the completion of a $15 million Series B funding round led by Blackstone Group portfolio company Incenter in March….
Matic Insurance Services Raises $7 Million in Series A Round Backed by Top Lender, Insurance Carriers and VC Firms
SHERMAN OAKS, Calif. — Matic Insurance Services (Matic), a digital insurance agency whose technology enables borrowers to purchase homeowner’s insurance during the mortgage transaction, announced today it has raised $7 million in a Series A funding round. Investors participating in the round include Mr. Cooper, one of the nation’s top 20 mortgage originators and the fourth-largest home loan servicer in the country…
Mid America Mortgage Launches Digital Mortgage Platform, Partners with NASCAR, Richard Petty Motorsports
DAYTONA BEACH, Fla. — Click n’ Close, a division of Mid America Mortgage, Inc., has entered into official partnership agreements with the sanctioning body, NASCAR, and one of the most iconic race teams in the sport, Richard Petty Motorsports. The collaborations designate Click n’ Close as the “Official Mortgage Provider of NASCAR” in addition to becoming a partner of Richard Petty Motorsports….