Tag: Finance
LenderLogix 2025/Q1 Homebuyer Intelligence Report Shows Early 2025 Mortgage Market Momentum, Stronger Loan Engagement
eNewsChannels NEWS: -- LenderLogix, a leading provider of mortgage point-of-sale and automation software for banks, credit unions, independent mortgage banks, and brokers, today announced the release of the Homebuyer Intelligence Report, a quarterly summary of insights into borrower behavior during the home-buying process based on data collected by the LenderLogix suite of tools. The latest report covers data collected during the pre-approval and borrower application process in the first quarter (Q1) of 2025.
IRS Solutions Announces New Discrepancy Report Feature: Automated Tool Helps Tax, Financial, and Legal Professionals
eNewsChannels NEWS: -- IRS Solutions®, the trusted name in tax resolution software, announces the launch of its latest innovation, the Discrepancy Report. This cutting-edge feature is designed to simplify the detection of discrepancies between filed tax returns and income data reported to the IRS by third parties. This will empower tax professionals to prevent audits while delivering exceptional service to their clients proactively.
Mortgage Lenders Lifted by Collaboration During Extended Period of Margin Compression, Regulatory Chaos, and Technology Transformation
eNewsChannels NEWS: -- Navigating a prolonged era of complexity marked by compressed margins, fierce recruiting wars, regulatory uncertainty, and rapid technological transformation, mortgage lenders find guidance and support in collaboration, according to The Mortgage Collaborative (TMC), an industry-leading organization for mortgage lenders of every variety.
Leader in mortgage capital markets technology, Optimal Blue, brings AI-Powered Originator Assistant to market
eNewsChannels NEWS: -- Optimal Blue today announced the general availability of Originator Assistant, a powerful addition to the Optimal Blue PPE. Leveraging generative AI, Originator Assistant eliminates human bias in the loan structuring process and helps originators identify all options for a borrower, providing more ways to help consumers realize the American dream of homeownership.
Tropos from Cloudvirga is a modern borrower portal built for the future of digital lending
eNewsChannels NEWS: -- Cloudvirga, a Stewart-owned provider of digital point-of-sale platforms for lenders, today announced the launch of Tropos, a next-generation borrower portal that will empower lenders to deliver personalized, intuitive digital experiences from initial application through clear-to-close. Designed with the flexibility to support a variety of consumer lending products, Tropos enhances Cloudvirga's POS ecosystem with a modular, customer-first solution that helps lenders drive engagement, reduce time to close and establish lasting borrower relationships.
Envoy expands down payment assistance reach with Down Payment Resource partnership after successful pilot
eNewsChannels NEWS: -- Down Payment Resource (DPR), the housing industry's leading provider of technology that connects homebuyers with homebuyer assistance programs, today announced that Envoy Mortgage (Envoy) will implement DPR's suite of software tools across its national footprint. The move follows a successful pilot and reflects Envoy's commitment to expanding down payment assistance (DPA) offerings while maintaining operational efficiency and reducing repurchase risk.
Klingenstein Fields Advisors is pleased to announce the addition of Christopher E. Havlicek, Client Development, Managing Director
eNewsChannels NEWS: -- Klingenstein Fields Advisors is pleased to announce the addition of Christopher E. Havlicek, Client Development, Managing Director, to its South Florida team. He joins John A. Pavela, CFA, Senior Advisor, Partner, and Michael S. Schiff, J.D., AEP, TEP, Client Development, Managing Director, in its offices located at 515 North Flagler Drive in West Palm Beach.
2024 HMDA insights: IMBs dominate, refinances rise, equity gaps persist, says iEmergent
eNewsChannels NEWS: -- iEmergent, a forecasting and advisory services firm for the financial services, mortgage and real estate industries, has released its analysis of 2024 Home Mortgage Disclosure Act (HMDA) data in Mortgage MarketSmart. The insights, shared by iEmergent CEO Laird Nossuli, highlight a modest market recovery from 2023 alongside deepening disparities in borrower outcomes and a reshuffling of lender dynamics.
Victorian Finance Switches to LenderLogix’s LiteSpeed Point-of-Sale
eNewsChannels NEWS: -- LenderLogix, a leading provider of mortgage point-of-sale and automation software for banks, credit unions, independent mortgage banks, and brokers, today announced that Victorian Finance, an independent mortgage lending company, has implemented LiteSpeed™ to replace its legacy point-of-sale (POS) system. Victorian Finance will use LiteSpeed to provide borrowers with an automated, digital-first mortgage experience.
Mortgage industry power players spotlighted in May 2025 lineup on The Big Picture webcast
eNewsChannels NEWS: -- Top mortgage industry webcast The Big Picture, broadcast live every Thursday at 3 p.m. ET, announced a powerful guest lineup for May featuring five leaders shaping the future of housing, lending and financial regulation. The webcast is co-hosted by mortgage business consultant and executive coach Rich Swerbinsky and capital markets expert Rob Chrisman, author of the widely read Chrisman Commentary newsletter.
Dark Matter Technologies launches Developer Portal, opening the Empower LOS to external innovation
eNewsChannels NEWS: -- Dark Matter Technologies (Dark Matter®), an innovative leader in mortgage technology, today unveiled a new Developer Portal during its second annual Horizon user conference. The Developer Portal marks a significant evolution for the Empower® loan origination system (LOS), moving from API access to a fully open API ecosystem.
Appraisal management co, Class Valuation, expands leadership with industry veterans Jim Bannister and Scott Shaw
eNewsChannels NEWS: -- Class Valuation, a leading real estate appraisal management company (AMC), announced today the expansion of its national sales team with the appointments of Jim Bannister and Scott Shaw as senior sales executives. Together, they bring over 45 years of combined experience in mortgage lending, financial services and technology to the company's expanding leadership.
Friday Harbor raises $6M to help community lenders match the speed and efficiency of mortgage giants with AI-powered platform
eNewsChannels NEWS: -- Friday Harbor, an AI-powered platform that helps loan officers assemble complete and compliant loan files in real time, today announced the completion of a $6 million seed round. The round was led by Abstract Ventures, a San Francisco-based venture firm with $1.5 billion in assets under management and a track record of backing breakout companies including Rippling, xAI, Hebbia, Brigit and Hippo (NYSE: HIPO) and Mischief, an early-stage VC fund co-founded by Plaid CEO Zach Perret.
Chris Flynn named chief data officer at Class Valuation to accelerate innovation and data strategy
eNewsChannels NEWS: -- Class Valuation, a leading real estate appraisal management company (AMC), announced today that Chris Flynn has joined its leadership team as chief data officer effective April 1. In his new role, Flynn will lead Class Valuation's enterprise data strategy, overseeing the development of scalable analytics, AI capabilities and automation to improve valuation accuracy, speed and transparency.
Tidewater Mortgage Services selects LiteSpeed from LenderLogix to replace Legacy POS
eNewsChannels NEWS: -- LenderLogix, a leading provider of mortgage point-of-sale and automation software for banks, credit unions, independent mortgage banks, and brokers, today announced Tidewater Mortgage Services (Tidewater), a retail mortgage lending company, has replaced its legacy point-of-sale (POS) technology with LiteSpeed, thus expanding its partnership with the company. In addition to Fee Chaser™, Tidewater will now use LiteSpeed as the point-of-sale to automate mortgage processes and provide borrowers with a digital-first experience.
The future of builder-affiliated lending: Jet’s Kelley Hailstone talks strategy on The Big Picture Webcast
eNewsChannels NEWS: -- Top mortgage industry webcast The Big Picture, broadcast live every Thursday at 3 p.m. ET, this week features Kelley Hailstone, president of Jet Home Loans. Hailstone will join co-hosts Rich Swerbinsky, mortgage business consultant and executive coach, and Rob Chrisman, editor-in-chief of the widely followed Chrisman Commentary newsletter, to discuss how homebuilder-aligned lending models can help lenders scale smartly, differentiate in today's market and better serve new homebuyers.
Veteran Financial Educator Walter Clarke Reveals Revolutionary Approach to Teaching Kids About Wealth and Impact in His New Book ‘401Kid’
eNewsChannels NEWS: -- Financial expert Walter Clarke's groundbreaking work in "401Kid: A Guide to Teaching You and Your Children How to Master Money" (ISBN: 978-1964377643 [ebook]; 978-1964377605 [paperback]; 978-1964377599 [hardcover]; Legacy Launch Pad Publishing) emphasizes the profound impact of early financial education and the consequences of neglecting it. He has identified a critical gap-virtually no one is actively addressing this need.
Click n’ Close Expands Correspondent Lending Sales Team: Welcomes Mortgage Industry Veteran Kim Schenck
eNewsChannels NEWS: -- Click n' Close (CNC), a multi-state mortgage lender, announced today that Kim Schenck has joined its Correspondent Lending Sales team as Correspondent Manager. In her new role, Schenck will lead the expansion of the company's proprietary down payment assistance (DPA) program, which plays a key role in helping more borrowers achieve homeownership.
Appraisal management company Class Valuation expands private lending capabilities, acquires Appraisal Nation
eNewsChannels NEWS: -- Class Valuation, a leading national real estate appraisal management company (AMC), today announced the strategic acquisition of Appraisal Nation, a Cary, North Carolina-based AMC specializing in comprehensive valuation solutions for the private lending market.
Optimal Blue’s March 2025 Market Advantage report shows an increase in non-conforming share as buyers seek greater flexibility and higher loan...
eNewsChannels NEWS: -- Optimal Blue today released its March 2025 Market Advantage mortgage data report, showing a 24% surge in rate lock volume as early spring buyers returned to the market and homeowners jumped at the chance to refinance into lower rates. While still down 2% on a year-over-year (YoY) basis, purchase volumes were up 21% month-over-month (MoM). Rate-and-term and cash-out refinances jumped 52% and 20% MoM, respectively, together representing 25% of all lock activity.
The Mortgage Collaborative CEO Jodi Hall to spotlight new leadership priorities and 2025 industry insights on The Big Picture
eNewsChannels NEWS: -- Top mortgage industry webcast The Big Picture, broadcast live every Thursday at 3 p.m. ET, this week features Jodi Hall, president and CEO of The Mortgage Collaborative (TMC). Hall will join co-hosts Rich Swerbinsky, mortgage business consultant and executive coach, and Rob Chrisman, editor-in-chief of the widely followed Chrisman Commentary newsletter.
The Mortgage Collaborative Adds New Lender Members and Preferred Partners to Its Expanding Network for 2025
eNewsChannels NEWS: -- The Mortgage Collaborative (TMC), the nation's largest independent cooperative network serving the mortgage industry, proudly announces the addition of several new lender members and preferred partners to its growing community. These organizations join TMC's network of industry leaders committed to collaboration, innovation, and operational excellence.
Scrubblade Speeds to Walmart: 17-Year Entrepreneurial Journey Hits the Fast Lane
eNewsChannels NEWS: -- Scrubblade, a leader in advanced windshield wiper technology, announced a nationwide partnership with Walmart, bringing their highly anticipated Black Edition silicone wiper blades to shelves across the U.S. This monumental milestone reflects the culmination of a 17-year journey marked by persistence, ingenuity, and grit, driven by founder Billy Westbrook's vision to revolutionize driver safety.
Cloudvirga’s Aaron Heidorn honored as a 2025 HousingWire Rising Star
eNewsChannels NEWS: -- Cloudvirga, a leading provider of digital mortgage point-of-sale platforms, today announced that Aaron Heidorn, director of software engineering and infrastructure, has been named a 2025 HousingWire Rising Star. The annual award recognizes young professionals who are driving innovation and growth in the housing economy and shaping the future of mortgage and real estate technology.
Dovenmuehle Mortgage Receives New Subordinate Lien Servicer Ranking, Maintains Above Average Primary Servicer Ranking
eNewsChannels NEWS: -- Dovenmuehle Mortgage, Inc. (Dovenmuehle), a leading mortgage subservicing company, today announced that S&P Global Ratings has assigned the company an Above Average ranking as a residential mortgage loan subordinate lien servicer, in addition to reaffirming its Above Average ranking as a residential mortgage loan primary servicer with a stable outlook.