SaaS and Cloud Software
Enhancements to Mortgage Capital Trading’s Industry-Leading Best Execution Services Extends Market Share
SAN DIEGO, Calif. — Mortgage Capital Trading, Inc. (MCT), an industry leading hedge advisory firm and developer of MCTlive!(TM), the award-winning secondary marketing software suite, announced that it has added a number of new features to its best execution service offering. The enhancements outpace existing competitor offerings and position MCT to capture additional business among lenders….
Guild Mortgage Selects AccountChek by FormFree for Automated, GSE-Compliant Verification of Borrower Ability to Repay
ATLANTA, Ga. — FormFree, a provider of automated verification software, today announced that Guild Mortgage (Guild) has selected AccountChek(TM) by FormFree as its partner for automated borrower asset review and decision support. AccountChek eliminates the hassle of collecting bank statements and other asset documents for loans by empowering borrowers to submit their financial data directly to lenders in minutes using a secure app….
Simplifile’s Nationwide E-recording Network Achieves Record 1,500 Participating Counties
PROVO, Utah — Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, today announced that it has added 23 new counties to its e-recording network and achieved an unprecedented 1,500 total e-recording jurisdictions….
ReverseVision Exchange (RVX) LOS Now Offers Integrated Flood Determination from ServiceLink
SAN DIEGO, Calif. — ReverseVision, the leading provider of software and technology for the reverse mortgage industry, announced it has completed an integration with ServiceLink Flood (ServiceLink) that enables users of RV Exchange (RVX) loan origination software (LOS) to order a “life of loan” flood certification from ServiceLInk without ever leaving the RVX system. ServiceLink flood products can be ordered from within RVX as of the system’s 6.2 update….
AccountChek by FormFree Named Asset Verification ‘Designated Vendor’ for Fannie Mae DU Validation Service
ATLANTA, Ga. — FormFree Holdings Corp. (FormFree), a provider of automated verification software, today announced it is the first ‘designated vendor’ for asset verification through the Fannie Mae Desktop Underwriter(R) (DU(R)) Validation Service, a component of Fannie’s Day 1 Certainty(TM) initiative….
Simplifile Reports Continued Expansion of E-Recording Infrastructure, Electronic Document Submission in Q3 2016
PROVO, Utah — Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, today released quarterly figures summarizing the organization’s activities and achievements from July through September 2016….
Seven South Dakota Counties Adopt Simplifile as State Authorizes E-Recording for the First Time
PROVO, Utah — Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, today announced it will begin electronically recording property records in seven South Dakota counties for the first time. Simplifile’s announcement follows a recent decision by the South Dakota State Legislature authorizing local register of deeds offices to accept electronically submitted documents….
MetaSource Partners with ComplianceEase to Provide Automated Compliance Testing
SALT LAKE CITY, Utah — MetaSource, the leading provider of mortgage quality control (QC) compliance advisory and workflow automation solutions, announced it has partnered with ComplianceEase? to provide automated compliance testing for loans submitted to MetaSource for review….
Global DMS Integrates with LoanSafe Appraisal Manager from CoreLogic
LANSDALE, Pa. — Global DMS, a leading provider of web-based compliant valuation management software, announced that it has integrated its eTrac platform with LoanSafe(R) Appraisal Manager(TM) from CoreLogic to provide lenders, investors and AMCs with detailed analysis that ensures appraisal quality and accurately assesses the potential risk for a repurchase….
Bank of Southern California, N.A. Selects nCino to Improve Workflow Process
SAN DIEGO, Calif. — Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL) announced today that it has selected nCino’s Bank Operating System to automate the Bank’s lending and treasury management processes, enabling the bank to ultimately better serve its customers….