Tag: Finance
Click n’ Close Introduces New Down Payment Assistance Options for Shared Appreciation Mortgage Program
eNewsChannels NEWS: -- Click n' Close, a multi-state mortgage lender, today announced two significant enhancements to its Shared Appreciation Mortgage (SAM) program. These updates will help make homeownership more accessible and financially advantageous for a broader range of buyers in today's competitive housing market.
US Mortgage Corp Selects LenderLogix LiteSpeed to Replace its Legacy 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 US Mortgage Corporation, a nationwide mortgage lender, has selected LiteSpeed to automate its mortgage process and provide its borrowers a digital-first borrower experience.
RanLife Home Loans inks contract with Dark Matter Technologies for AI-powered mortgage origination overhaul
eNewsChannels NEWS: -- Dark Matter Technologies (Dark Matter®), an innovative leader in mortgage technology backed by time-tested loan origination software and leadership, today announced that RanLife Home Loans (RanLife) based in Sandy, Utah, has signed a seven-year agreement for the Empower® loan origination system (LOS) and additional Dark Matter technologies.
Informative Research Adds its Mortgage Verification Platform to the Dark Matter Technologies Exchange Service Network
eNewsChannels NEWS: -- Informative Research, a premier technology provider delivering data-driven credit and verification solutions to the lending community, today announced it has made its Verification Platform solution available in the Dark Matter Technologies (Dark Matter) Exchange℠ service network to streamline verification of income (VOI) and verification of employment (VOE) for more lenders.
A Mile Above: TMC Denver 2024 Concludes with Tangible Enthusiasm for Future of the Mortgage Industry
eNewsChannels NEWS: -- The Mortgage Collaborative (TMC) proudly reflects on the success of A Mile Above: TMC Denver, a conference environment renowned for its ability to adapt to the evolving landscape of the mortgage industry by fostering collaboration and innovation among attendees. The event, which took place from September 7-10, 2024, provided a truly memorable experience, beginning with an energetic opening reception at Meow Wolf and concluding with a stunning sunset reception at Red Rocks Trading Post.
Down Payment Resource finds 2,444 down payment assistance programs nationwide in its Q3/24 data analysis
eNewsChannels NEWS: -- Down Payment Resource (DPR), the housing industry authority on homebuyer assistance program data and solutions, today released its Q3 2024 Homeownership Program Index (HPI) report. The Q3 report saw the number of national homebuyer assistance programs increase by 29 to 2,444.
LenderLogix Q3/24 Homebuyer Intelligence Report Data says Homebuyers Hold Steady and ‘Wait for the Rate’
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 third quarter (Q3) of 2024.
Matrix Capital Advises on the Sale of Dana Safety Supply, Inc. to AEA Investors
eNewsChannels NEWS: -- Matrix Capital Markets Group, Inc., a leading independent investment bank, is pleased to announce the sale of Dana Safety Supply, Inc. (DSS) to AEA Investors. Prior to the sale, DSS was a wholly-owned subsidiary of Scott McRae Automotive Group, LLLP (SMAG).
TravelInsurance.com Urges Travelers To Get Travel Insurance Coverage for Winter 2024 Trips
eNewsChannels NEWS: -- With winter travel just around the corner, savvy travelers are preparing not only for the possibility of harsh weather conditions but also the kind of technological issues that plagued the summer 2024 travel season leaving thousands stranded, frustrated, and with unbudgeted additional costs. TravelInsurance.com underscores the importance of safeguarding travel investments against unforeseen disruptions - natural or manmade - with a comprehensive travel insurance policy.
Brock Miller of ACES Quality Management Slated to Speak at America’s Credit Unions Lending Council Conference 2024
eNewsChannels NEWS: -- ACES Quality Management® (ACES), the leading provider of enterprise quality management and control software for the financial services industry, announced its Director of Business Development Brock Miller, CMQ/OE has been selected to speak at the America's Credit Unions Lending Council Conference at the Gaylord Opryland Resort & Convention Center in Nashville, Tenn., November 3 - 6, 2024.
Down Payment Resource highlights 48 Native American homebuyer assistance programs in honor of 2023 Native American Heritage Month
eNewsChannels NEWS: -- Down Payment Resource (DPR), the housing industry's leading technology for connecting homebuyers with homebuyer assistance programs, is highlighting 48 U.S. homebuyer assistance programs in 13 states that are specifically designed to support Native Americans (American Indians and Alaska Natives) in conjunction with Native American Heritage month in October.
Fintech Innovator, Agile Introduces Limit Orders for TBA Mortgage-Backed Securities
eNewsChannels NEWS: -- Agile, a groundbreaking fintech bringing mortgage lenders and broker-dealers onto a single electronic platform, announced today the launch of limit orders, a new quote request type for the To-Be-Announced mortgage-backed securities (TBA) market. Limit orders allow traders on Agile to request a specific price level, rather than conducting an open-ended bid process, giving them greater confidence and freeing precious time, especially during periods of market volatility.
Mortgage Lenders Can Now Meet the Fannie Mae 10-Day Pre-Close VOE Requirements Using AccountChek
eNewsChannels NEWS: -- Informative Research, a premier technology provider delivering data-driven credit and verification solutions to the lending community, announced that AccountChek® supports new enhancements to Fannie Mae's Desktop Underwriter® (DU®) validation service designed to streamline the digital pre-close verification of employment (VOE), significantly enhance overall efficiency and improve the borrower experience.
CapitalW Collective and Katten Align to Support Women in Mortgage Capital Markets
eNewsChannels NEWS: -- CapitalW Collective, the glass shattering 501(c)(3) benefiting women and their allies in mortgage capital markets, today announced Katten Muchin Rosenman LLP as a new corporate sponsor. This strategic collaboration marks a significant step forward in CapitalW Collective's mission "to create more inclusive mortgage capital markets, one woman and ally at a time."
Secured Signing Announces New Integration with Okta for Enhanced Single Sign-On Experience
eNewsChannels NEWS: -- Secured Signing is excited to announce its official integration with Okta, a leading identity management solution, to deliver seamless and secure Single Sign-On (SSO) capabilities. This integration enhances user experience and security for employees, contractors, and business partners, ensuring they have quick, reliable access to the tools they need to perform at their best.
Floify Verify launched, a native verification of income and employment service (VOIE)
eNewsChannels NEWS: -- Floify, the mortgage industry's leading point-of-sale (POS) solution, today announced the availability of Floify Verify, a native electronic verification of income and employment (VOIE) service powered by Argyle. Designed to streamline the mortgage origination process, Floify Verify allows lenders to verify income and employment at a cost-effective price point without the hassle of managing additional third-party vendors.
ACES Quality Management Announces Preliminary Speaker Line-up for ACES ENGAGE 2025 in Colorado
eNewsChannels NEWS: -- ACES Quality Management® (ACES), the leading provider of enterprise quality management and control software for the financial services industry, has announced its speaker line-up for the upcoming ACES ENGAGE conference, taking place at The Broadmoor Resort in Colorado Springs, Colo., May 18 - 20, 2025.
Housing Finance Strategies Announces ZillowHousing24
eNewsChannels NEWS: -- Housing Finance Strategies Founder & CEO Faith Schwartz today announced ZillowHousing24 (tag: #ZillowHousing24), a virtual housing event broadcast in partnership with Zillow Home Loans and presented by Housing Finance Strategies on December 3, 2024.
Mortgage Capital Trading (MCT) Expands MSR Valuation Options with AD&Co Prepayment Model
eNewsChannels NEWS: -- Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, today announced the integration of the LoanDynamics Model (LDM) from Andrew Davidson & Co. (AD&Co) into their mortgage servicing rights (MSR) valuation software. LDM is a well-respected prepayment model for residential mortgages that will complement MCT's proprietary prepayment model in MSRlive!
Informative Research Adds Consumer-Permissioned Verification of Employment abd Income via AccountChek to its Verification Platform
eNewsChannels NEWS: -- Informative Research, a premier technology provider delivering data-driven credit and verification solutions to the lending community, announced the addition of AccountChek to the list of integrated verification providers available within the IR Verification Platform. This latest enhancement empowers lenders to optimize their verification processes using IR's Verification Waterfall, offering a more cost-effective and efficient alternative to traditional verification of employment/income (VOE/I) methods.
Rate-and-Term Refinance Locks Surge 700% Over Previous Year Following FOMC September Interest Rate Reduction
eNewsChannels NEWS: -- Optimal Blue today released its September 2024 Market Advantage mortgage data report, which found a 50% month-over-month (MoM) increase in rate-and-term refinance activity as people who purchased homes in recent years jumped at the opportunity to lower their interest rates and mortgage payments. While the Federal Open Market Committee (FOMC) lowered its target federal funds rate by 50 bps on Sept. 18, the market had already priced in a portion of the rate reduction, leading to a full month of increased refinance activity in September.
JPMorgan Chase Awards $25K Grant to Black Chamber of Arizona to Boost Entrepreneurial Growth and Economic Empowerment
eNewsChannels NEWS: -- The Black Chamber of Arizona (BCAZ) is excited to announce that it has received a $25,000 seed funding grant from JPMorganChase. This generous contribution will fuel the Chamber's mission to strengthen Black businesses and produce new economic buying power throughout Arizona. The funds will support key programs aimed at empowering Black entrepreneurs, providing pathways to financial growth, and fostering greater economic inclusion.
Mortgage Capital Trading (MCT) Reports 3% Increase in Mortgage Lock Volume, Refinance Activity Buoys Market
eNewsChannels NEWS: -- Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, announced today a 3.17% increase in mortgage lock volume compared to the previous month. The report highlights key market dynamics, offering industry professionals valuable insights. Industry professionals and enthusiasts are invited to download the complete report for comprehensive insights into the market dynamics.
Optimal Blue Expands Expertise, Market Leadership, Launches Two In-House Podcasts
eNewsChannels NEWS: -- Optimal Blue announced the release of two in-house podcasts that extend the reach of the company's capital markets experience and expertise built over its decades as the technology leader in its space. The Optimal Insights podcast and video, which will be released weekly, will provide timely analyses of market factors impacting loan originators and capital markets professionals.
Brimma Tech Inc. Unveils Advanced AUS Sandbox Solution for Enhanced Mortgage Underwriting
eNewsChannels NEWS: -- Brimma Tech, a pioneering software development company specializing in AI-driven solutions for the mortgage industry, proudly announces the latest release of its Vallia AUS Sandbox. This innovative tool is designed to streamline the mortgage underwriting process, offering simultaneous risk and eligibility assessment capabilities with both Fannie Mae's Desktop Underwriter® (DU®) and Freddie Mac's Loan Product Advisor® (LPA℠).























