Sunday, October 20, 2024

Technology

OptifiNow Builds Custom Integration with LoanScorecard for Non-QM Wholesale Lender

OptifiNow, a provider of custom CRM solutions for the mortgage lending industry, has announced an integration with LoanScorecard, a provider of non-agency automated underwriting...

MISMO Works to Standardize Property Financial Statement Data Exchange

MISMO is seeking public comment on a proposed standard that will facilitate a more accurate and efficient exchange of commercial financial operating statement data....
Capacity

Capacity Releases Support Automation Platform for Mortgage Companies

Capacity, an AI-powered support automation platform, has debuted a streamlining and digitizing solution specifically tailored to the mortgage industry. Capacity says its customers are closing...

LoanLogics Expands Portfolio of Origination Tools with Acquisition of LoanBeam

LoanLogics, a provider of loan quality control and document processing solutions, is acquiring LoanBeam, a provider of income calculation and verification technology endorsed by...

Sagent Hires Mikhail Cook as EVP of Strategic Sales

Mikhail Cook has joined mortgage servicing software firm Sagent as executive vice president of strategic sales. Previously, Cook served in SVP of sales roles at...

Mortgage Software Firm Maxwell Taps Sonny Abbasi as General Counsel

Sonny Abbasi has joined Maxwell, a digital mortgage solutions platform serving more than 300 small and midsize lenders across the U.S., as general counsel. The...

Mortgage Automator Integrates Lightning Docs Loan Document System

Mortgage Automator, a complete loan origination and servicing software for private lenders, has integrated Lightning Docs, a proprietary cloud-based loan document generation system developed...

Guaranty Home Mortgage Chooses Paradatec AI-Cloud for Doc Automation

Paradatec, a provider of AI-based document classification and data extraction technology for mortgage loan processing, says Guaranty Home Mortgage Corp. (GHMC), an independent mortgage...

nCino Acquires Mortgage Software Company SimpleNexus

nCino Inc., a cloud banking and digital transformation solutions company for the global financial services industry, has entered into a definitive agreement to acquire...

LoanNEX Now Integrated With Encompass TPO Connect

LoanNEX, a provider of pricing and eligibility technology specializing in non-agency products, is now integrated with ICE Mortgage Technology’s Encompass TPO Connect. The integration gives...

loanDepot mello Portal Streamlines Closing Process for Brokers

Enabling brokers to close loans faster and more efficiently, loanDepot Wholesale has launched the newest iteration of its mello broker portal. A number of...

Patriot Mortgage Implements Black Knight Loan Origination System

Patriot Mortgage, a Texas-based lender specializing in new construction and resale, has signed a contract to implement Black Knight Inc.'s Empower LOS and integrated origination...

National MI Integrates with OpenClose Loan Origination Software

National Mortgage Insurance Corp. (National MI), the primary operating subsidiary of NMI Holdings Inc., is now integrated with OpenClose, a fintech provider offering mortgage...

SimpleNexus Now Allows LOs to Gather Loan Information in Spanish

SimpleNexus, a homeownership platform designed for loan officers, borrowers, real estate agents and settlement agents, now allows users to gather initial loan information in...

Cherry Creek Mortgage Hires Ty Kern as Executive Managing Director

Ty Kern has joined Cherry Creek Mortgage, a nationwide, full-service mortgage lender, as executive managing director. Kern has 30 years of mortgage industry experience. Previously,...

Teachers Credit Union Selects Snapdocs to Digitize Mortgage Closings

Snapdocs Inc. has announced that Teachers Credit Union (TCU) has chosen Snapdocs to streamline and digitize the mortgage closing process for its customers. Teachers Credit...

Mortgage365, Microsoft Collaborate on Cloud-Based Platform for Financial Services

Mortgage365’s mortgage lending platform is now available on the new Microsoft Cloud for Financial Services. The cloud-based solution eliminates the need to maintain multiple,...

Candor Technology Debuts Loan Scoring Engine

Candor Technology has added The Candor Metascore to its Loan Engineering System. The patent-pending Metascore indicates the overall quality of a loan. To produce...

Porch Group Acquires Floify, a SaaS Provider for Loan Officers

Porch Group Inc., a vertical software and InsurTech company, has acquired Floify, a provider of digital mortgage automation and point-of-sale software for mortgage companies...

ICE Mortgage Announces Expansion of MERS Remote Online Notarization Capabilities

ICE Mortgage Technology, part of Intercontinental Exchange Inc., has announced that MERSCORP Holdings Inc., the mortgage industry’s national electronic loan registry, is expanding its...