Thursday, January 23, 2025

Technology

Pavaso Taps Tim Anderson as SVP of Business Development

Tim Anderson has joined digital closing software provider Pavaso as senior vice president of business development. Anderson has more than 35 years of industry experience...

Ellie Mae to be Acquired by Private Equity Firm for $3.7 Billion

Following a major update to its Encompass loan origination system, mortgage software maker Ellie Mae reports that it is being acquired by private equity...

Member First Mortgage Picks Blue Sage Lending Platform

Member First Mortgage, a credit union service organization (CUSO), has chosen Blue Sage as its mortgage origination platform. Member First Mortgage provides a complete range...

Guild Mortgage Launches Mobile App for Real Estate Agents

Guild Mortgage has launched Guild-to-Go, a mobile application designed to offer real estate agents more transparency and efficiency throughout the loan process and empower them...

NotaryCam Helps Execute Remote Online Closing in Texas

East Texas Title recently executed NotaryCam’s first remote online closing (ROC) in Texas since the state’s remote online notarization law went into effect. The transaction,...

North Carolina Law Firm Adopts Pavaso’s E-Closing Platform

Ivey & Eggleston, a law firm based in Asheboro, N.C., is now using Pavaso’s digital closing platform to enhance the closing experience for brokers,...

Anow’s Appraisal Management Platform Now Available to BAREA Members

Appraisal management software provider Anow is partnering with the Business Association of Real Estate Appraisers (BAREA) to make Anow’s technology available to the association’s...

Mortgage Accounting Firm Richey May Fully Acquires Amata Solutions

Richey May, an accounting and advisory firm serving the financial services and real estate industries, has fully acquired Amata Solutions, a provider of customized...

Tim Mayopoulos Joins Blend as President, Among Other Executive Hires

Mortgage point-of-sale software provider Blend has picked up a key player for its executive team, as Tim Mayopoulos, former CEO of Fannie Mae, has...

ComplianceEase Adds Tool that Speeds Decision-Making

Mortgage compliance software company ComplianceEase has launched a new tool that helps lenders more quickly resolve common compliance issues. The new tool, DecisionMonitor, helps reduce...

Flagstar Rolls Out New Version of Loantrac LOS

Flagstar Bank has upgraded its proprietary loan origination system (LOS), Loantrac, with new features capabilities focused mainly on ease of use and transparency for...

New York Bankers Association Endorses Promontory Fulfillment Services

The New York Bankers Association (NYBA), through its wholly owned subsidiary, the New York Bankers Service Corp. (NYBSCO), has endorsed Promontory Fulfillment Services (PFS)...

Commerce Bank Now Using Black Knight’s MSP to Service HELOCs

Commerce Bank, a large regional bank operating in approximately 330 locations in the central U.S., is converting its home equity lending portfolio to Black...

Black Knight Enhances Expedite Close with AI, Data Recognition Capabilities

Black Knight has rolled out a new version of its digital mortgage closing solution, Expedite Close, that uses advanced intelligence and data recognition capabilities...

Mortgage Technology Firm Cloudvirga Announces Two New Hires

Dan Sogorka has joined Cloudvirga, a provider of digital mortgage software, as chief revenue officer. In addition, Kelly Kucera has joined the firm as senior...

Property Data Firm ATTOM Data Solutions Acquired by Lovell Minnick Partners

Lovell Minnick Partners, a private equity firm specializing in financial and related business services companies, has acquired ATTOM Data Solutions, a provider of data...

MBA Taps Bill Packer to Chair RESTECH Forum

Bill Packer, executive vice president and chief operating officer at American Financial Resources Inc. (AFR), is the new chairman of the Mortgage Bankers Association’s...

LoanLogics Hires David Parker as SVP of Product Development

David Parker has joined LoanLogics, a provider of loan quality technology for mortgage manufacturing and loan acquisition, as senior vice president of product management. Parker...

Computershare Loan Services Completes Purchase of LenderLive Network

Third-party mortgage services provider Computershare Loan Services (CLS) reports that it has completed its acquisition of LenderLive Financial Services and its operating subsidiary, LenderLive...

Downsizing Helped Boost Mortgage Application Defect Rate

The rate of serious defects in mortgage applications increased to 1.72% in the second quarter, up from 1.71% in the first quarter, according to...