Jan, 20
2022
Business, Free News Articles, Software

ReverseVision Hires Industry Veteran Steve Butler as Director of Business Development

SAN DIEGO, Calif. -- ReverseVision®, the leading national provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, announced that it added long-time mortgage professional Steve Butler to the company's sales team, who brings more than 35 years of experience to the company. ReverseVision has been adding resources in key functional areas as part of its strategic expansion plan.

In this role, Mr. Butler will build upon ReverseVision's strong footprint in the reverse mortgage space. Specifically, he will educate lenders on the opportunity with reverse mortgage products and introduce the ReverseVision Exchange (RVX) loan origination system (LOS) to traditional lenders that are looking to add reverse products. In addition, he will update lenders on ReverseVision's API roadmap to enable reverse products to coexist with their existing LOS system, while also communicating with brokers and the wholesale lending community to begin originating reverse loans using RVX technology.

"We are pleased to have someone with Steve's industry experience and talent join our growing team," said Bill Mitchell, CRO at ReverseVision. "We continue to see an increasing demand for our reverse lending technology and adding mortgage professionals like Steve who possess rich industry experience and a proven track record of success will help us better serve clients as ReverseVision continues expanding."

Prior to joining ReverseVision, Mr. Butler spent just over a decade at mortgage compliance software provider QuestSoft where he spurred the company's sales and business development efforts for a leading mortgage product. While there, he worked closely with independent mortgage bankers, banks, credit unions and LOS vendors. Mr. Butler was consistently a top producer at QuestSoft, part of the management team, and helped with the transition after an acquisition by Ncontracts.

Mr. Butler's lengthy career in mortgage spans working for mortgage technology companies, lending entities and consulting firms. He is a seasoned sales professional that has experience in a multitude of mortgage lending facets.

"I am excited to join the team at ReverseVision and begin working with lenders to assist in diversifying their product offerings using technology," Butler said. "There is a great opportunity in reverse mortgages; it's an ideal time to leverage technology like ReverseVision offers to empower lenders with tech tools for success in reverse lending."

About ReverseVision:

Since 2007, ReverseVision (RV) has been the leading reverse mortgage technology provider, serving 50 of the top reverse mortgage lenders, 100 percent of reverse investors, and more than 10,000 daily users. RV's award-winning technology offers new APIs (Reverse-as-a-Service) that open the total addressable market, creating new technology synergies that allow forward and reverse mortgages to coexist in the lender's core systems, helping break down adoption barriers so that mortgage bankers can serve their borrowers for life.

ReverseVision's core platform, ReverseVision Exchange (RVX), is comprehensive and proven to automate the entire reverse lending process from origination through secondary marketing. The company's technology is being successfully leveraged as a springboard that helps lenders get into the reverse space easily and efficiently. For more information, visit https://www.reversevision.com/.

Social: @ReverseVision #ReverseLendingAutomation #ReverseMortgageTechnology #ReverseLendingTechnology #HomeEquityConversionMortgage

RELATED LINKS:

https://www.reversevision.com/rvx/

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

This news story was published by the Neotrope® News Network - all rights reserved.

Jan, 11
2022
Alliances and Partnerships, Business, Free News Articles, Software

Trust Lending Leveraging ReverseVision Platform to Grow Reverse Mortgage Wholesale Business

SAN DIEGO, Calif. -- ReverseVision®, the leading national provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, announced that Trust Lending, a national mortgage banker, has gone live with ReverseVision's Exchange (RVX) platform for its wholesale lending channel. The platform helped Trust Lending springboard its wholesale channel into easily and expeditiously originating loans for reverse mortgage products.

Headquartered in Doral, Fla., Trust Lending is an established mortgage banker that has been in business for more than 15 years, offering a wide array of products to meet the differing needs of borrowers. The lender recently implemented ReverseVision's Exchange loan origination system (LOS) to automate the reverse lending process. Its goal was to grow a new reverse product line amid a profit-pinched market along with providing its broker partners with easy-to-use technology tools that help them quickly and efficiently originate and manage reverse mortgage deals.

Trust Lending engaged with ReverseVision as part of a long-term strategy to grow its wholesale business by adding a new revenue stream as the re-fi boom winds down. The mortgage lender is leveraging RVX to provide elevated service to senior borrowers, tech tools for brokers, and service a significantly underserved market. Trust Lending says that its model is simple: combine a hands-on, white glove service treatment for brokers coupled with offering comprehensive technology automation to make their broker partners as successful as possible.

"Trust Lending established the foundation of our business based on trust and excellence in service-not only for our borrower customers but also for our highly valued broker network," stated Cesar Robledo, reverse mortgage manager at Trust Lending. "ReverseVision's technology platform helped Trust Lending expand operations into the reverse mortgage business, and it gives our employees and brokers the functionality they need to efficiently originate, manage, process and close reverse loans with ease. ReverseVision's LOS has become the technology backbone of our reverse mortgage operations and we are excited about our newfound ability to scale this side of the business."

Trust Lending lauded ReverseVision's client services team for their rapid implementation of the system, efficient client onboarding process, and detailed training on the solution's features. The lender says it was up and running with full ability to handle reverse loans in under 60 days. In addition, broker set up and training was a snap, according to the company. Notable is that Trust Lending offers use of RVX to its broker network for free, but if they would like to instead simply call the loan in, Trust Lending's service model handles the technology aspect for brokers, if they prefer, thus making it as easy as possible to do reverse loans with Trust Lending.

"It's refreshing to see a tech-savvy independent mortgage banker like Trust Lending implement technology to help their brokers penetrate the reverse market," stated Joe Langner, president and CEO of ReverseVision. "There is a tremendous amount of opportunity for forward lenders to easily get into reverse mortgages and capitalize on an untapped market. Not only does it add a healthy revenue stream to the topline, but it also helps our seniors get the best loan product for their specific retirement situation. It's a win-win."

Trust Lending expects ReverseVision's LOS to be instrumental throughout 2022 in helping the company service more brokers, quickly grow its wholesale business, speed up turn times, further build its reputation for heightened service levels and ease of doing business, and add a highly profitable revenue source in reverse products.

About ReverseVision:

Since 2007, ReverseVision (RV) has been the leading reverse mortgage technology provider, serving 50 of the top reverse mortgage lenders, 100 percent of reverse investors, and more than 10,000 daily users. RV's award-winning technology now offers new APIs (Reverse-as-a-Service) that opens the total addressable market, creating new technology synergies that allows forward and reverse mortgages to coexist in the lender's core systems, helping break down adoption barriers so that mortgage bankers can serve their borrowers for life. ReverseVision's core platform, ReverseVision Exchange (RVX), is

comprehensive and proven to automate the entire reverse lending process from origination through secondary marketing. The company's technology is being successfully leveraged as a springboard that helps lenders get into the reverse space easily and efficiently.

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

About Trust Lending:

Based in Doral, Fla., Trust Lending has been originating mortgage loans for more than 15 years and in the process has built a strong reputation as an outstanding mortgage lender serving the home financing needs of real estate professionals, builders and individual home buyers. Trust Lending provides personal, customized solutions to match the specific, yet ever-changing portfolio strategies of its clients. This is accomplished through leveraging our long-standing experience and providing superior results while maintaining a strict adherence to all industry best practices, rules and regulations. The company is focused on creating superior value for its clients through continued capital investment and platform expansion, hiring of experienced people, building effective processes and continued investment in technology.

For more information, visit https://trustlending.net/.

RELATED LINK:

https://www.reversevision.com/rvx/

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

This news story was published by the Neotrope® News Network - all rights reserved.

Dec, 09
2021
Business, Free News Articles, Product Launches, Software

MCT Launches Dynamic Learning Center to Empower Lender Growth and Profitability

SAN DIEGO, Calif. -- Mortgage Capital Trading, Inc. (MCT®), a recognized industry leader in mortgage risk management providing pipeline hedging, best execution loan sales and centralized lock desk services, announced the debut of its new Learning Center, a one-stop educational content database for each stage of growth of a mortgage lender in the secondary market. With a repository of webinars, technical whitepapers, blog posts, market commentary, and a dictionary of industry terms, the Learning Center grants unparalleled educational access to users looking to expand their knowledge of capital markets.

"We rolled out the Learning Center so that clients and industry professionals alike could gain insights, improve their business operations, and further their understanding of the mortgage industry," said Curtis Richins, President of MCT. "This debut is a significant step forward in our mission to fuel the mortgage industry with transformational capital markets technology and personalized client experience."

The new MCT Learning Center is built around a tailored experience for each individual user. Whether a particular lender is doing best efforts loan sales, supported hedging and mandatory delivery, semi-autonomous hedging and loan sales, autonomous hedging and loan sales, or is fully autonomous with advanced functionality, each growth stage has a robust repository of material designed to advance knowledge and achieve increased profitability. Visitors have the option to take a brief survey to determine their growth stage, or browse MCT's latest featured content for mortgage professionals.

"The complexities of the mortgage secondary market have frequently represented a stumbling block in the growth of lenders and mortgage professionals, sometimes to the benefit of the financial establishment who capitalize on that complexity," said Ian Miller, CMO of MCT. "MCT has achieved a leading role among hedge advisors through transparency and education, and the new Learning Center is the latest incarnation of that mission."

The debut of the Learning Center is the latest in a long line of innovations from MCT. Over the last year, MCT has rolled out BAM Marketplace, the first truly open loan exchange, enhanced best execution with its EBX technology that automates retain-release MSR decisions, and debuted the MCTlive! Pool Optimizer that enables secondary marketing managers to use actual cash window execution for optimization on each individual loan rather than using a dealer survey for spec pay-ups.

While this content recommendation engine is the latest example of MCT's commitment to accessibility in the secondary market, an array of deeper resources is already available exclusively for MCT clients. These include the annual MCT Exchange conference, the MCT University educational webinar series, and MarketFlash email newsletters sharing timely market volatility guidance.

Visit the MCT Learning Center and register for a webinar on January 6 demonstrating the new functionality and collecting topics of interest for future educational resources:

https://mct-trading.com/learn/

https://mct-trading.com/resources-growing-profitability-webinar/

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, Santa Rosa, Los Angeles and Dallas. 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.

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

This news story was published by the Neotrope® News Network - all rights reserved.

Dec, 06
2021
Business, Education and Schools, Free News Articles

Record Sponsor and Fellow-Young Surgeon Turnout Recorded for 11th Annual Spine IEP Course

SAN DIEGO, Calif. -- Magnifi Group, Inc., a developer of e-learning technology for the medical device industry, reported a record turnout of medical device and biotech companies at its 11th Annual Spine IEP Fellows & Young Surgeons' Course (Spine Interactive Educational Program). The course was held November 19-21, 2021 at The US Grant Hotel in San Diego.

Spine Fellows and Young Surgeons from top spine centers and hospitals across the US attended the 21/2 day course. The Spine IEP has been specifically developed to educate spine and neurosurgery Fellows and Young Surgeons on current topics related to the practice of spine and neurosurgery, as well as to assist attendees with the transition from academics to practicing surgeon.

The format for the course is highly interactive. All topics concluded with question/answer sessions and panel discussions. Fellows and Young Surgeons also took part in didactic sessions with each course sponsor and attended one of four cadaver labs.

Laura McClain, Course Coordinator, said the 11th annual course represented the largest gathering of practicing Spine Fellows and Young Surgeons for an educational event of this kind. "This interactive course allows Fellows and Young Surgeons to get hands-on experience, coupled with exposure to the latest technologies and case studies presented by leading faculty," McClain said.

The Spine IEP Fellows & Young Surgeons' Course is led by Dr. Frank Phillips, Director, Division of Spine Surgery, Section Head, Minimally Invasive Spine Surgery, and Fellowship Co-Director, Spine Surgery at Rush University Medical Center, Chicago, Ill.

According to Magnifi data, an average of 70-80 spine Fellows enters the US market each year as practicing spine surgeons. Of these, 48-50 Fellows are expected to attend the 12th annual course in Austin Texas, November 18-20, 2022.

Magnifi Group, Inc. is a developer of dynamic online training solutions for leading global companies. The company is responsible for the Spine IEP Live Fellows Course; the Lower Extremity IEP Live Fellows Course and the Hip and Knee IEP Live Fellows Course.

MORE INFORMATION:

https://www.spine-iep.com/

https://www.lowerextremity-iep.com/

https://www.hipandknee-iep.com/

For Additional Information Contact:

Laura McClain: lmcclain@magnifigroup.com

Related link: http://www.magnifigroup.com/

This news story was published by the Neotrope® News Network - all rights reserved.

Nov, 16
2021
Business, Free News Articles, Software

ReverseVision Adds Two New Hires to Support Expansion of Functional Areas and Corporate Infrastructure

SAN DIEGO, Calif. -- ReverseVision®, the leading national provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, announced that it added Eric Samuelson as vice president of finance and Andres Ochoa as systems administrator. The two positions will play key roles in optimizing internal functions and prepping the company to scale.

"The need for reverse products is poised to surge over the next five years, and as such we're putting the necessary building blocks in place now in order to grow at a healthy rate and continue servicing our clients well," said Joe Langner, president and CEO at ReverseVision. "The addition of Eric and Andres will establish financial controls and an operational infrastructure that helps us efficiently acclimate new employees and effectively onboard clients as ReverseVision manages expansion efforts."

Eric Samuelson comes to ReverseVision with a background as a vice president and corporate controller working for multiple fast-moving and dynamic organizations spanning 25 years. He is known for his innovative, out of-the-box thinking that implements sound financial and accounting processes and procedures, which help run businesses efficiently, especially during growth modes.

Andres Ochoa joins ReverseVision's IT team in the capacity of systems administrator where he will manage development of the company's internal operational technology stack. Previously, he was an IT support specialist at San Diego Country Credit Union where he assisted the organization in navigating its technology needs through the height of the pandemic during social distancing and safety concerns. Before that, he worked on Endpoint Management systems, deploying and supporting a largescale enterprise network consisting of 18,000 corporate and point-of-sale endpoints for Jack in the Box and Qdoba. Andres is adept in all areas of internal systems and IT infrastructure management, which will be important in optimizing ReverseVision's expansion.

In addition to their extensive experience and skill sets, both Eric and Andres are natural leaders who add valuable insight and guidance to their functional teams. ReverseVision will continue adding staff, resources and infrastructure as it grows, which will be announced throughout 2022.

About ReverseVision:

Since 2007, ReverseVision (RV) has been the leading reverse mortgage technology provider, serving 50 of the top reverse mortgage lenders, 100 percent of reverse investors, and more than 10,000 daily users. RV's award-winning technology now offers new APIs (Reverse-as-a-Service) that opens the total addressable market, creating new technology synergies that allows forward and reverse mortgages to coexist in the lender's core systems, helping break down adoption barriers so that mortgage bankers can serve their borrowers for life.

ReverseVision's core platform, ReverseVision Exchange (RVX), is comprehensive and proven to automate the entire reverse lending process from origination through secondary marketing. The company's technology is being successfully leveraged as a springboard that helps lenders get into the reverse space easily and efficiently.

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

RELATED LINKS:

https://www.reversevision.com/apis-and-integrations/

https://www.reversevision.com/rvx/

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

This news story was published by the Neotrope® News Network - all rights reserved.

Nov, 12
2021
Books and Publishing, Business, Entertainment, Free News Articles, Holistic and Spiritual, Product Launches

New book, ‘True Joy for the Retired’ reveals major breakthrough in unleashing the power of appreciation, love and inclusion between generations

SAN DIEGO, Calif. — Paulina Kay has released a new book entitled “True Joy for the Retired, A Holistic Approach to Spreading the Love to Our Forgotten Elderly” (ISBN: 978-1773710075). It shows the young and old how to overcome: the deeply rooted disconnection between generations; the often heartbreaking loneliness and hopelessness of the elderly; and the fear about getting older.

This book reveals practical strategies designed to help readers:

* Strengthen the bond between youth and elders

* Experience again the emotions of appreciation, connection and love.

* Discover the beauty of getting older.

“My hope for a happy, respected and connected old age for myself and for other others is what inspired me to create this book by the telling of my own experiences with the grace and beauty of older people. I believe I owe it to them,” says Kay.

For a limited time, the author is offering a limited number of FREE copies of the book. People interested should go to https://www.truejoyfortheretiredbook.com/.

ABOUT THE AUTHOR

Paulina Kay loves sharing the stories of the virtues in old age. Growing up in Mexico with an older father and being very close to her grandmother, she experienced firsthand the active role the elderly play in providing wisdom and support to the younger generation and their communities.

Today, older generations are no longer considered essential to their families and communities. She uncovered the core reason why many older people can’t connect with young adults. Her hope for a happy, respected, and connected old age for herself and others is what inspired her to create this book. By the telling of her own experiences with the grace and beauty of older people, she inspires us to listen intently to the wisdom in our conversations with them. Paulina believes it is her mission to bring these stories forward because she owes it to her beloved elders. Learn more at: https://authorpaulinakay.com/.

Related link: https://authorpaulinakay.com/

This news story was published by the Neotrope® News Network – all rights reserved.

Nov, 10
2021
Business, Free News Articles, Funding and Investment, Real Estate

TMC Emerging Technology Fund LP Invests in Clever Real Estate

SAN DIEGO, Calif. -- The Mortgage Collaborative (TMC), the nation's largest independent cooperative network serving the mortgage industry, announced today that the TMC Emerging Technology Fund LP (the Fund) recently participated in a Series B investment round for Clever Real Estate. Clever offers free educational resources - including expert advice, reviews and guides - to help consumers navigate their real estate journey. They also match sellers and buyers with vetted local real estate agents and other service providers to negotiate lower rates on their behalf.

"Clever's mission is to help every person navigate their real estate journey with a trusted expert in their corner. Today, Clever's websites deliver educational content to more than 11 million readers per year. Through our nationwide agent network, Clever sells more than $250M in real estate each month and helps customers save an average of almost $10,000 in realtor fees on each transaction," said Luke Babich, Co-Founder and COO of Clever Real Estate. "We're thrilled to partner with TMC's Emerging Technology Fund to take Clever's growth to the next level. The Fund not only brings capital to help us accelerate the growth of our team and technology but also relationships and operating experience as Clever deepens partnerships in the mortgage industry to propel our team to another year of 300+% growth."

Owen Lee, a limited partner of the TMC Emerging Technology Fund and Co-Owner of Success Mortgage Partners, stated: "Success Mortgage Partners was thrilled to invest in Clever Real Estate. Clever's technology and its disruption of industry norms positions the company for massive future growth. What's more, its leadership team is young, smart, talented and not fearful of hard work - all of which makes Clever an ideal candidate for investment by The TMC Emerging Tech Fund. invests in companies."

The Limited Partners of the TMC Emerging Technology Fund consist of some of the most technology-forward lender members of TMC. The Fund seeks to invest in companies that are leveraging technology to bring transformational change to the mortgage and real estate industries, with a particular emphasis on investment opportunities that will result in higher profitability and business process improvement for TMC lender members.

For more information, please reach out to tmctechfund@mtgcoop.com.

About The Mortgage Collaborative

Based in San Diego, Calif., The Mortgage Collaborative was founded in 2013 by four notable industry leaders and is the nation's largest independent mortgage cooperative network. TMC is singularly focused on creating an environment of collaboration and innovation for small to mid-size mortgage lenders across the country to reduce cost, increase profitability, and better serve the dynamic and changing consumer base in America.

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

RELATED LINKS:

https://www.mortgagecollaborative.com/tmc-emerging-tech-fund.html

https://listwithclever.com/

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

This news story was published by the Neotrope® News Network - all rights reserved.

Nov, 09
2021
Business, Free News Articles, Software

ReverseVision Appoints Industry Veteran Bill Mitchell Chief Revenue Officer

SAN DIEGO, Calif. -- ReverseVision®, the leading national provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, announced that it has hired Bill Mitchell as chief revenue officer (CRO).

In this newly created position, Mr. Mitchell will oversee ReverseVision's sales, business development and marketing efforts as the company expands its footprint in the mortgage industry. ReverseVision has been the leading reverse mortgage technology provider since its founding in 2007, now servicing 50 of the top reverse mortgage lenders in its stable of clients, 100 percent of reverse investors, and more than 10,000 daily users.

"Bill is an experienced technology focused sales and marketing professional who holds a deep understanding of the mortgage industry and what it takes to grow fintechs," said Joe Langner, president and CEO at ReverseVision. "There is an enormous amount of opportunity on the horizon for lenders to leverage our technology to augment their revenue streams as the mortgage market tightens. The entire team at ReverseVision looks forward to Bill's leadership as we expand."

Mr. Mitchell is a revenue generating and company building mortgage technology executive who has held senior and executive management positions at established software firms, emerging fintech companies and also start-ups. He has a robust background in loan origination systems (LOS), digital mortgage technologies and industry-leading software platforms. Mr. Mitchell was instrumental in building the client bases for each company he was involved with, making significant contributions to expand their businesses.

"I am excited about the opportunity to help take ReverseVision to the next level," stated Mitchell. "The mortgage market is already shifting and ReverseVision is in an ideal position to help lenders sustain their business models by adding reverse products or growing existing lines. What's more, the ongoing development of ReverseVision's new APIs significantly expands the total addressable market for its solution, creating new technology synergies that allow forward and reverse mortgages to coexist within the lender's core LOS and POS, which helps alleviate adoption barriers."

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/.

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

This news story was published by the Neotrope® News Network - all rights reserved.

Nov, 04
2021
Business, Free News Articles, Funding and Investment, Regional Events

TMC Emerging Technology Fund LP to Host TMC Mortgage Tech Day

SAN DIEGO, Calif. -- The Mortgage Collaborative (TMC), the nation's largest independent cooperative network serving the mortgage industry, announced today that the TMC Emerging Technology Fund LP (the "Fund") will host TMC Mortgage Tech Day on March 19, 2022, in conjunction with TMC's Winter Conference at the Fontainebleau Miami Beach.

The TMC Mortgage Tech Day is a unique opportunity for Fintech and Mortgage Tech companies to present to a live audience of TMC's Emerging Tech Fund limited partners, which is comprised of TMC mortgage lender executives, and a panel of judges from leading mortgage tech venture capital (VC) firms.

Presenters will receive visibility by top lenders in the country, consideration for investment by the fund and national media coverage, and the top three are also eligible for a cash prize. Target investment themes include Robotic Process Automation (RPA), Machine Vision/Machine Learning, Artificial Intelligence (AI), Web & Mobile Applications, Cybersecurity & Blockchain Applications, and Digital Transaction Platforms.

Interested companies must submit an application here by January 14, 2022. All applicants will be screened by the TMC Emerging Technology Fund for a chance to present during TMC Mortgage Tech Day.

TMC Emerging Technology Fund LP is an early-stage venture capital fund sponsored by The Mortgage Collaborative targeting investments in companies that improve the following: efficiency of manufacturing and servicing mortgages, customer experience, quality and profitability of mortgage origination. TMC's lender members comprise 15-20% of all mortgage originations in the United States.

The Limited Partners of the TMC Emerging Technology Fund consist of some of the most technology-forward lender members of TMC who evaluate and invest in companies looking to advance the mortgage industry. The Fund continues to look for investment opportunities that will result in higher profitability and business process improvement for TMC lender members. For more information, please reach out to tmctechfund@mtgcoop.com.

About The Mortgage Collaborative

Based in San Diego, Calif., The Mortgage Collaborative was founded in 2013 by four notable industry leaders and is the nation's largest independent mortgage cooperative network. TMC is singularly focused on creating an environment of collaboration and innovation for small to mid-size mortgage lenders across the country to reduce cost, increase profitability, and better serve the dynamic and changing consumer base in America. For more information, visit http://www.mortgagecollaborative.com/

RELATED LINKS:

https://www.mortgagecollaborative.com/tmc-emerging-tech-fund.html

https://www.mortgagecollaborative.com/tmc-mortgage-tech-day.html

https://t07vlwbo2c0.typeform.com/to/nGS1Z290?typeform-source=www.mortgagecollaborative.com

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

This news story was published by the Neotrope® News Network - all rights reserved.

Oct, 08
2021
Business, Free News Articles

MCT Deepens MSR Expertise with Hire of Azad Rafat

SAN DIEGO, Calif. -- Mortgage Capital Trading, Inc. (MCT®), a leading mortgage hedge advisory and secondary marketing software firm, announced today that Azad Rafat has joined the company as the new Senior Director of MSR Services. Mr. Rafat will leverage his hands-on experience designing, building and managing mortgage servicing products to help MCT clients achieve their mortgage servicing goals. The hiring of Mr. Rafat ensures MCT continues to meet the increased demand of their MSR products and services.

"Azad is a powerful addition to the fantastic team we've built in MSR. His knowledge base and experience plug right in to our industry leading valuation platform," said Tom Farmer, Managing Director of Sales and Business Development. "He shares the MCT DNA with a passion for innovation and customer service."

This expertise comes at a perfect time for MCT clients. As MSR pricing continues to improve and the need for bulk MSR sales increases, Mr. Rafat's industry expertise can help ensure clients receive the best price for their bulk MSR sales. He will also be able to help clients make important MSR decisions regarding their MSR portfolios.

Mr. Rafat brings to MCT over 30 years of experience in the mortgage industry. He has over 20 years extensive experience in all aspects of mortgage servicing rights valuations, analytics, and risk management of small to some of the largest servicing portfolios. He also spent about 10 years in mortgage servicing acquisitions and sales operations, managing mortgage servicing platforms, and mortgage servicing operations and finance.

"I am honored and excited to work side by side with such talented and innovative group of people," said Azad Rafat. "I look forward to contribute to MCT's continuous growth and success."

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, Herldsburg, and San Antonio. 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.

RELATED LINKS:

https://mct-trading.com/about/team/azad-rafat/

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

This news story was published by the Neotrope® News Network - all rights reserved.

1 2 3 … 32