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Truework Introduces New, Fully Automated Verification Platform, Truework Intelligence 

Truework, a provider of income and employment verification technology, has introduced Truework Intelligence, the first fully automated and comprehensive verification platform for mortgage lenders...

Dark Matter Migrates its IT Infrastructure to AWS 

Mortgage software firm Dark Matter Technologies reports that it has migrated its IT infrastructure to Amazon Web Services (AWS). The strategic move enhances Dark Matter’s...

Open API Portal Launched by Verifications Solutions Provider Xactus

Xactus, which offers verification solutions for the mortgage industry, has launched an open API portal, allowing partners to easily access integration rules which enable...

APIs Transform Mortgage Servicing Operations From the Ground Up

Most mortgage lenders have already embraced automation in their operations. Digital loan applications, automated underwriting, and electronic closings have become standard practice. Yet many...

MCT Integrates With Fannie Mae Loan Pricing API

Mortgage Capital Trading (MCT) is now integrated with Fannie Mae's new Loan Pricing API. By combining various price factors and utilizing a broader set of...

Credit Reporting and Verification Solutions Provider Service 1st Hires Four Industry Veterans

Elaine Edginton recently joined Service 1st, a provider of credit reporting and borrower verification solutions, as vice president of operations, while Tom Moser recently...

Veros Launches New Third-Party Tested AVM Cascade

Valuations technology firm Veros has launched an optimized independent third-party tested AVM cascade called ValuStream. The new solution ensures reliability and performance with independent, third-party...

Floify’s Dynamic Apps Lets Mortgage Lenders Tailor Applications by Loan Type

Floify, which offers a point-of-sale (POS) solution for the mortgage industry, recent introduced Dynamic Apps, a no-code feature that lets lenders tailor loan applications...

Rocket Companies to Acquire Redfin in All-Stock Transaction 

Rocket Companies, which includes Rocket Mortgage, has announced its intention to acquire residential real estate platform Redfin in an all-stock transaction. The merger, if approved,...

Floify Hires Sol Klein as Head of Client Experience and Business Operations

Sol Klein has joined Floify, which offers a point-of-sale (POS) solution to the mortgage industry, as head of client experience and business operations. Klein is...

Jeff Gentry: How Lenders and Servicers Can Streamline Their Credit Reporting Processes

PERSON OF THE WEEK: Credit reporting is a critical business function for both mortgage lenders and servicers, as it is the main way they...

Cloudvirga Announces Enhanced Integration Between Horizon Retail POS and Encompass Partner Connect

Cloudvirga reports that it has completed an enhanced integration for its Horizon Retail POS product and Encompass Partner Connect, the latest API framework for...

Xactus Teams With FICO to Bring New FICO Score Mortgage Simulator to Market

Xactus, a provider of verification solutions to the mortgage industry, is partnering with FICO to bring the new FICO Score Mortgage Simulator to market. “We...

TransUnion and Truework Enhance Their Integration

TransUnion has enhanced its partnership with Truework, an income and employment verification provider, to give mortgage lenders more encompassing and reliable access to the...

FirstClose Hires John Aslanian as Chief Revenue Officer

John Aslanian has joined FirstClose, a provider of data and workflow solutions for mortgage and home equity lenders, as chief revenue officer (CRO). Aslanian has...

Mortgage Cadence Launches Ready-to-Use, Pre-Configured LOS

Mortgage Cadence, an Accenture company, has launched MCP Essentials, the latest version of its Mortgage Cadence Platform (MCP). This ready-to-use, pre-configured loan origination system (LOS)...

AI-Driven Fraud Poses a Serious Threat to the Mortgage Industry

Artificial intelligence is beginning to play a positive role in the mortgage origination process - from applications to verifications to valuations to closings and...

MCT Introduces Generative AI Advisor for Mortgage Capital Markets

Mortgage Capital Trading (MCT) has released a new AI adviser for mortgage capital markets called Atlas. Now available within the MCTlive! platform, Atlas serves as...

Report Shows Mortgage Lenders How to Leverage AI

AI adoption is no longer optional for mortgage lenders who wish to stay in business in this challenging market. But many mortgage lenders don’t...

Blend Integrates With Truework to Speed Borrower Approvals

Origination platform Blend Labs has tapped income and employment verification provider Truework to create an integrated solution for lenders that enables faster borrower approvals...