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ReverseVision Inc. Names Jim Magner CTO and Stacey Lund VP of Operations

eNewsChannels NEWS: -- ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced it has added new Chief Technology Officer (CTO) Jim Magner and Vice President of Operations Stacey Lund to its senior management team.

Cloudvirga Welcomes Jim Portner as Chief Product Officer for Digital Mortgage Automation

eNewsChannels NEWS: -- Cloudvirga, developer of intelligent mortgage point-of-sale (POS) platforms, has hired Jim Portner as chief product officer. Portner will report to Cloudvirga CEO Michael Schreck and will oversee product strategy, development and marketing for the company's digital mortgage automation platforms.

United Capital Markets Inc. Joins The Mortgage Collaborative’s Preferred Partner Network

eNewsChannels NEWS: -- The Mortgage Collaborative (TMC), the nation's only independent mortgage cooperative, today announced the addition of United Capital Markets, Inc. (UCM), the mortgage industry's leading outsource provider of dynamic MSR hedging. UCM will provide TMC Lender Members strategic advice to bank-owned and private mortgage companies focusing on MSR investment strategies, balance sheet optimization and the capital stack.

FundingShield joins The Mortgage Collaborative Preferred Partner Network

eNewsChannels NEWS: -- The Mortgage Collaborative (TMC), the nation's only independent mortgage cooperative, today announced the addition of FundingShield to its Preferred Partner network. FundingShield offers TMC members a pair of loan level verification services to protect lenders by assuring closing funds go to verified bank accounts belonging to licensed and authorized parties. FundingShield provides actionable intelligence to lenders while other services may provide data that you have to interpret.

Cloudvirga mortgage automation platform will seamlessly integrate document generation, eSign and delivery features from Docutech

eNewsChannels NEWS: -- Cloudvirga, developer of intelligent mortgage point-of-sale (POS) platforms, today announced a partnership with Docutech that will enable Cloudvirga's lender customers to work more efficiently, reduce the cost of document compliance and make the home loan experience more convenient for borrowers.

Waterstone Mortgage Corp to Manage QC Audits Using TRK Connection Insight RDM

eNewsChannels NEWS: -- TRK Connection, a leading provider of mortgage quality control and origination management solutions, announced today that Wisconsin-based Waterstone Mortgage Corporation has chosen the Insight Risk and Defect Management (RDM) platform to conduct its internal quality control (QC) audits.

Partnership with Envestnet | Yodlee will make FormFree’s asset, employment and income verification reports most reliable in the industry

eNewsChannels NEWS: -- FormFree(R) today announced its expanded partnership with Envestnet | Yodlee (NYSE:ENV), a leading data aggregation and data analytics platform powering dynamic, cloud-based innovation for digital financial services. By leveraging Envestnet | Yodlee Risk Insight Solutions, FormFree will have access to new data points that help to reinforce its position as provider of the most complete and reliable asset, employment and income verification reports in the mortgage industry.

Matic Founder Benjamin Madick Honored with 2017 Vanguard Award for Outstanding Industry Contributions

eNewsChannels NEWS: -- Matic, a digital insurance agency whose technology enables borrowers to purchase homeowner's insurance during the mortgage transaction, announced today that company co-founder and COO Ben Madick is a 2017 HousingWire Vanguard Award winner. Madick was recognized for guiding the company's phenomenal growth over the last 12 months as well as for his career-long contributions to the mortgage industry as co-founder of both Matic and risk management services provider Mortgage Quality Management and Research.

Cloudvirga COO Kyle Kamrooz Honored with 2017 HousingWire Vanguard Award for Mortgage Industry Leadership

eNewsChannels NEWS: -- Cloudvirga, Inc., the developer of intelligent mortgage point-of-sale (POS) platforms, has announced that its founder and COO Kyle Kamrooz is a winner of HousingWire's third annual Vanguard Awards for 2017. Kamrooz was recognized for company leadership as well as his substantial contributions to the mortgage industry at large.

FormFree announces that housing finance expert Faith Schwartz has been elected to its board of directors

eNewsChannels NEWS: -- FormFree today announced that housing finance expert Faith Schwartz has been elected to its board of directors. Among the most influential leaders in the mortgage industry, Schwartz has played a firsthand role in shaping current housing finance best practices and public policy.

Loan Vision joins The Mortgage Collaborative’s Preferred Partner Network

eNewsChannels NEWS: -- The Mortgage Collaborative, the nation's only independent mortgage cooperative, today announced the addition of Loan Vision, a mortgage industry-specific financial management and accounting software provider, to its preferred partner network, giving its Lender Members access to the industry's premier accounting software.
TRK Connection

Mortgage QC Leader, TRK Connection Hires David Pack as Product Manager

eNewsChannels NEWS: -- TRK Connection, a leading provider of mortgage quality control and origination management solutions, announced today that it has hired David Pack as product manager. In this role, Pack will be responsible for the delivery and support of TRK's market-leading solutions, including the Insight Risk & Defect Management (RDM) mortgage quality control (QC) auditing platform.

Stephen DeSantis named Chief Financial Officer at Cloudvirga Inc.

eNewsChannels NEWS: -- Cloudvirga, developer of intelligent mortgage point-of-sale (POS) platforms, has appointed Steve DeSantis as its new chief financial officer. A seasoned technology finance executive, DeSantis will be responsible for driving Cloudvirga's financial strategies to accelerate its growth. He will report to Cloudvirga's recently appointed CEO Michael Schreck.

Cloudvirga Signs Five Top-30 Mortgage Lenders to Its Digital Platform in Last 100 Days

eNewsChannels NEWS: -- Cloudvirga, developer of intelligent mortgage point-of-sale (POS) platforms, has signed five of the nation's top 30 non-bank lenders in the last 100 days. The new customers collectively originate over $100 billion in loans annually. The announcement follows the firm's addition of Michael Schreck as CEO in June and the completion of a $15 million Series B funding round led by Blackstone Group portfolio company Incenter in March.

ReverseVision UserCon 2018: ‘The Property Man’ Bob Massi to Speak on HECM for Purchase Loan Programs

eNewsChannels NEWS: -- ReverseVision, Inc., the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced that legal analyst and cable news mainstay Bob "The Property Man" Massi will address attendees of RV UserCon 2018 in a session focused on the HECM for Purchase loan program.

ReverseVision UserCon 2018: STRATMOR Group’s Jim Cameron as Day One Special Session Guest Speaker

eNewsChannels NEWS: -- ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced that STRATMOR Group Senior Partner Jim Cameron will be the Day 1 Special Session guest speaker for its third annual user conference. The ReverseVision UserCon 2018 will be held February 6-8, 2018, at the Kona Kai Resort and Spa on San Diego's Shelter Island.

Mid America Mortgage, Inc. signs letter of intent to purchase assets of Oklahoma City-based American Southwest Mortgage Corp

eNewsChannels NEWS: -- Mid America Mortgage, Inc. announced it has signed a letter of intent to purchase the assets of Oklahoma City-based American Southwest Mortgage Corp. and an affiliated firm, American Southwest Mortgage Funding Corp. As part of the agreement, Mid America will incorporate American Southwest's operations into Mid America's mortgage platform and secure an interest in their respective pipelines and select assets. Further, Mid America will also offer employment to loan production staff members from each organization.

FirstBank Mortgage, part of FB Financial (NYSE:FBK), is First Reverse Lender to Join The Mortgage Collaborative Preferred Partner Network

eNewsChannels NEWS: -- The Mortgage Collaborative, the nation's only independent mortgage cooperative, announced a new partnership with reverse mortgage lender FirstBank Mortgage. The new relationship with FirstBank Mortgage's Senior Lending Division, adds the first lender specializing in reverse mortgage lending to The Mortgage Collaborative's preferred partner network. FB Financial Corporation (NYSE:FBK) is the holding company for FirstBank.

Matic Insurance Services Raises $7M in Series A Round

eNewsChannels NEWS: -- Matic Insurance Services (Matic), a digital insurance agency whose technology enables borrowers to purchase homeowner's insurance during the mortgage transaction, announced today it has raised $7 million in a Series A funding round. Investors participating in the round include Mr. Cooper, one of the nation's top 20 mortgage originators and the fourth-largest home loan servicer in the country
ALTAVERA

Altavera Mortgage Services earns 2017 Residential Leadership Award for Diversity and Inclusion from MBA

eNewsChannels NEWS: -- Altavera Mortgage Services (Altavera), a Computershare company and leading provider of outsourced residential mortgage origination services, today announced that the Mortgage Bankers Association (MBA) has honored Altavera with its Residential Leadership Award for Organizational Diversity and Inclusion.

FormFree announces it has entered a partnership with SimpleNexus

eNewsChannels NEWS: -- FormFree today announced it has entered a partnership with SimpleNexus, a leader in bringing the home mortgage process to mobile devices. The integration of the two companies' technologies will make FormFree's AccountChek automated verification service for asset, employment and income a seamless part of the loan application experience for borrowers applying for a loan using SimpleNexus' mobile technology.

ReverseVision Partners with Premier Reverse Closings to Streamline Home-Equity Conversion Mortgages

eNewsChannels NEWS: -- ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, has forged a partnership with Premier Reverse Closings (PRC), a title and settlement firm specializing in reverse mortgage closings. A new integration between the companies' software allows users of ReverseVision's flagship RV Exchange (RVX) loan origination system (LOS) to order title services from PRC without ever leaving the RVX system.

Mid America Mortgage Introduces Click n’ Close to Fans via NASCAR Official Partnership and Sponsorship

eNewsChannels NEWS: -- Click n' Close, a division of Mid America Mortgage, Inc., has entered into official partnership agreements with the sanctioning body, NASCAR, and one of the most iconic race teams in the sport, Richard Petty Motorsports. The collaborations designate Click n' Close as the "Official Mortgage Provider of NASCAR" in addition to becoming a partner of Richard Petty Motorsports.

The Mortgage Collaborative Notches 20 Percent Growth in Lender Membership since Q1-2017

eNewsChannels NEWS: -- The Mortgage Collaborative, the nation's only independent mortgage cooperative, today announced that they have reached another milestone, adding 20 new lender members since their August summer conference in Nashville. This brings the Collaborative's membership total to 120 and an annual aggregate origination volume of $210 Billion.

For Fannie Mae’s Single Source Validation Pilot Program, FormFree Delivers Combined Income, Asset and Employment Reporting

eNewsChannels NEWS: -- FormFree(R) today announced that it has entered into a pilot with Fannie Mae that could allow mortgage lenders to validate borrower income, asset and employment data through a single report as early as 2018.