SaaS and Cloud Software
DocMagic and BeSmartee Integrate, Creating a Fast, Fully Digital Application Process for Borrowers
TORRANCE, Calif. — DocMagic, Inc., the mortgage industry’s leading provider of document production, automated compliance and comprehensive eMortgage services, announced that it completed an integration with BeSmartee, a leader in mortgage automation technology….
New Legislation Enables Massachusetts Jurisdictions to Electronically Record Land Court Documents
PROVO, Utah — Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, announced that it is now electronically recording Land Court documents in the Commonwealth of Massachusetts for the first time….
Recently Formed Ventana Home Mortgage, LLC Partners with OpenClose to Help Launch its New Mortgage Conduit Business
WEST PALM BEACH, Fla. — OpenClose, an enterprise-class, multi-channel loan origination system (LOS) and mortgage software solutions provider, announced that Ventana Home Mortgage, LLC a residential mortgage conduit aggregator with a focus on the non-QM market, has signed with the company to utilize its OC Correspondent(TM) module. The web-based, turnkey solution will fully automate Ventana’s new conduit business, and is expected to do so in less than 45 days….
Texas Capital Bank Implements DocMagic’s Total eClose Solution for eWarehouse Lending
TORRANCE, Calif. — DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that Texas Capital Bank has implemented its Total eClose(TM) solution. This implementation enables the bank to function as an eWarehouse lender. They can now accept and fund eNotes from its lender customers that want to drastically speed up the process of closing and selling loans….
PRMI Improves Mortgage QC Audit Efficiency Using Insight RDM from TRK Connection
SALT LAKE CITY, Utah — TRK Connection, a leading provider of mortgage quality control and origination management solutions, announced that Salt Lake City-based Primary Residential Mortgage, Inc. (PRMI) has experienced significant improvement in the efficiency of its mortgage quality control (QC) auditing process. PRMI was the first mortgage lender to leverage Insight Risk and Defect Management (RDM), TRK’s flagship mortgage QC audit platform, for its in-house pre-funding and post-closing loan audits….
PCLender and Mortgage Capital Trading Integrate Solutions and Services
SAN DIEGO, Calif. — Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing technology firm, announced that it has completed an integration between its secondary marketing solution and PCLender’s loan origination system (LOS). The integration seamlessly transmits critical hedge pipeline data, saving time and enhancing information security….
Northern Humboldt Union High School District (CA) Selects Synergy
MCKINLEYVILLE, Calif. — Edupoint(R) Educational Systems has been selected by Northern Humboldt Union High School District (NHUHSD) to implement the company’s Synergy(R) Student Information System, replacing Schoolmaster. The district’s cloud-hosted Synergy solution will include the fully-integrated Synergy Online Registration, California State Reporting, TeacherVUE(R) Portal With Gradebook, and ParentVUE(R) and StudentVUE(R) portals….
Traffk Signs Contract with David Brown of CHEQS, LLC
LOS ANGELES, Calif. — Traffk(TM) LLC is pleased to announce the addition of Mr. David Brown to the expanding Traffk team. Brown will fill the role of Market President, serving Traffk’s payer and health solutions market. Traffk(TM) modernizes the insurance underwriting process with more accurate data insights and risk profiling, allowing risk-bearing companies or health plans to manage profitability….
HLP to Offer Automated Asset Verification through Partnership with AccountCheck by FormFree
BALTIMORE, Md. — HLP (Hope LoanPort) today announced it will integrate FormFree’s AccountChek(TM) automated asset verification service into its communication platform, making it easier for consumers and HUD-certified, nonprofit housing counselors to apply for loan modifications and other options to avoid foreclosure….
DocMagic Achieves 42 Percent Growth in 2016
TORRANCE, Calif. — DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, reported a 42 percent increase in revenue for 2016. The company credits its growth to the mortgage industry’s demand for products that enable TRID compliance, eSignatures and eClosings. This is the second consecutive year that DocMagic’s revenue has increased by roughly 40 percent….