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Vice Capital Markets signs its 50th Investor Partner to ViceEx whole loan trading platform

eNewsChannels NEWS: -- Vice Capital Markets, a leading mortgage hedge advisory firm for independent lenders, banks and credit unions, announced today the addition of its 50th investor to its all-inclusive whole loan trading platform Vice Execution Portal™ (ViceEx™). This addition enhances the platform's ability to deliver unmatched market access and execution flexibility for clients selling mandatory, including all agency executions.
Optimal Blue: Mortgage Lock Activity Fell in Nov.

Optimal Blue: Mortgage Lock Activity Fell in Nov. as Interest Rates Hit Their Highest Levels Since July

eNewsChannels NEWS: -- Optimal Blue today released its November 2024 Market Advantage mortgage data report, highlighting a 25% decrease in month-over-month (MoM) lock volume as interest rates hit their highest levels since early July, creating headwinds for affordability.
Optimal Blue Announces Tony Hawk at Summit 2025

Optimal Blue Announces Tony Hawk, Housing Industry Leaders to Headline Inaugural 2025 User Conference

eNewsChannels NEWS: -- Optimal Blue today announced the speaker lineup for its inaugural user conference, the Optimal Blue Summit 2025. Legendary skateboarder and entrepreneur Tony Hawk will headline the event. The conference will also feature sessions led by Mortgage Bankers Association (MBA) Chief Economist and Senior Vice President of Research and Business Development Michael Fratantoni, Ph.D., MBA Associate Vice President of Secondary and Capital Markets Sasha Hewlett, AMP, HousingWire Editor in Chief Sarah Wheeler, and representatives from Microsoft.

Secured Signing experiences remarkable 30% month-over-month growth in demand for its Remote Online Notarizations Platform

eNewsChannels NEWS: (MOUNTAIN VIEW, Calif.) -- Secured Signing, a leading provider of digital signing and Remote Online Notarization (RON) solutions, is excited to unveil a series of powerful enhancements to its platform. These updates solidify its leadership in the digital notarization industry by optimizing workflow efficiency, increasing transparency, and enhancing user control.

Shore United Bank contracts Dark Matter Technologies for its mortgage business for Empower LOS and AIVA AI virtual assistants

eNewsChannels NEWS: -- Dark Matter Technologies (Dark Matter®), an innovative leader in mortgage technology backed by time-tested loan origination software and leadership, announced today that Shore United Bank (Shore United), a community bank founded in 1876, has selected the Empower® LOS and select AIVA® AI virtual assistants from Dark Matter to streamline its mortgage lending operations and offer additional support for integrations.

ACES Q2/24 Mortgage QC Trends Report Reveals Second Consecutive Increase in Critical Defect Rate

eNewsChannels NEWS: -- ACES Quality Management® (ACES), the leading provider of enterprise quality management and control software for the financial services industry, announced the release of its quarterly ACES Mortgage QC Industry Trends Report covering the second quarter (Q2) of 2024. The latest report analyzes post-closing quality control data derived from ACES Quality Management & Control® software. ACES has altered the timing of this report to better reflect Fannie Mae's accelerated timeline for post-closing quality control reviews.

MCT Announces 2.5-percent Increase in Mortgage Lock Volume Despite October Market Volatility

eNewsChannels NEWS: -- Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, reported a 2.5% increase in mortgage lock volume compared to the previous month. Mortgage market professionals and industry enthusiasts are invited to download MCT's comprehensive report to gain deeper insights into the current market dynamics.

Mortgage Machine awarded SOC 2 Compliance Status

eNewsChannels NEWS: -- Mortgage Machine™ (MMS), the loan origination system of record for digital mortgage pioneer Click n' Close (formerly known as Mid America Mortgage), has achieved SOC 2® compliance.

ACES Quality Management now supplies audit tech to six of the top 20 U.S. credit unions

eNewsChannels NEWS: -- ACES Quality Management® (ACES), the leading provider of enterprise quality management and control software for the financial services industry, announced the addition of 10 credit unions to its growing customer base. These organizations leverage ACES Quality Management & Control Software® to improve quality and mitigate risk across multiple internal areas, including mortgage lending, consumer lending, deposit accounts and more.

October Mortgage Lock Data Shows Resilience in the Mortgage Market as Interest Rates Tick up 65 Basis Points

eNewsChannels NEWS: -- Optimal Blue today released its October 2024 Market Advantage mortgage data report, highlighting resilient purchase activity in the face of rising interest rates and affordability challenges. Despite a 65-basis-point (bps) increase in the Optimal Blue Mortgage Market Indices (OBMMI) 30-year conforming rate, purchase lock volume grew by 12% month over month (MoM), signaling strong demand among homebuyers.

Optimal Blue Promotes Industry Experts Erin Wester and Mike Vough to New Executive Roles to Accelerate Innovation and Prioritize Partnerships

eNewsChannels NEWS: -- Optimal Blue today announced two key executive promotions that will position the company to deliver innovation faster across the company's entire capital markets platform, and to further expand the company's network of partners. Erin Wester has been promoted to chief product officer and Mike Vough has been promoted to head of corporate strategy.

Down Payment Resource highlights 49 homebuyer assistance programs offering up to $117,000 in funds for Veterans

eNewsChannels NEWS: -- Down Payment Resource (DPR), the housing industry's leading technology for connecting homebuyers with homebuyer assistance programs, is highlighting homebuyer assistance programs to support Veterans, service members and their surviving spouses in conjunction with Veterans Day and Military Family Appreciation Month, both observed in November. While service members are eligible for any of the 2,400-plus U.S. homebuyer assistance programs, DPR found there are 49 programs offering up to $117,000 in assistance specifically developed to help our military community members build, buy or make accessibility-related home renovations.

Chief Revenue Officer Sean Dugan to assume CEO role at Dark Matter Technologies

eNewsChannels NEWS: -- Dark Matter Technologies (Dark Matter), an innovative leader in mortgage technology, today announced that Sean Dugan, the company's chief revenue officer, will succeed Rich Gagliano as CEO effective April 2025. Gagliano, who launched Dark Matter in 2023 following over a decade of leadership at its predecessor, Black Knight Origination Technologies, will step into the role of executive chairman.

LenderLogix Co-Founder and Chief Technology Officer Scott Falbo named HousingWire Tech Trendsetter for Second Consecutive Year

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 Co-founder and Chief Technology Officer Scott Falbo has been selected by HousingWire as a 2024 Tech Trendsetter Award winner. In its sixth year, HousingWire's Tech Trendsetters award recognizes the most impactful and innovative technology leaders serving the housing economy.

Informative Research’s Ajay Trilokeshwaran Named 2024 HousingWire Tech Trendsetter

eNewsChannels NEWS: -- Informative Research, a leading technology platform that delivers data-driven solutions to the lending community, announced today that Ajay Trilokeshwaran, Head of Keystone Platform, has been selected by HousingWire magazine as a 2024 Tech Trendsetter.

Sydney Barber, Floify’s head of product, named a HousingWire Tech Trendsetter for 2024

eNewsChannels NEWS: -- Floify, the mortgage industry's leading point-of-sale (POS) solution, today announced that its Head of Product, Sydney Barber, has been named a 2024 Tech Trendsetter by HousingWire. The HW Tech Trendsetters awards program seeks to recognize the people who drive innovation in the mortgage and real estate industries.

Lender demand for Argyle’s VOIE platform fuels in 2024 record growth for its mortgage division

eNewsChannels NEWS: -- Argyle, a service provider automating income and employment verifications for some of the largest mortgage lenders in the United States, has eclipsed its full-year 2023 growth through just the first nine months of 2024. The company has added 58 new independent mortgage bank, credit union and bank customers since the beginning of the year, bringing its total number of mortgage customers well north of 100, including 7 of the nation's top 15 retail lenders.

Optimal Blue Launches Three Major Products, Continuing Streak of Aggressive Product Innovation and No-Cost Feature Additions

eNewsChannels NEWS: -- Optimal Blue today announced three major product releases: the expansion of its AI assistant suite, the introduction of Scenario Optimizer, and the free availability of Investor Pricing Insight to investor clients. These product updates build on the company's commitment to rapidly delivering high-impact solutions that tackle real-world challenges while helping clients maximize profitability.

FormFree announces new enhancements to customer acquisition marketplace, FormFree Exchange

eNewsChannels NEWS: -- FormFree®, a leader in financial technology since 2007, today announced several enhancements to its customer acquisition marketplace, FormFree Exchange (FFX). Topping the list of enhancements is the auto-matching capability, connecting borrowers and lenders in seconds.

Mortgage Capital Trading (MCT) Empowers Mortgage Hedging Performance with Customized Spec Durations

eNewsChannels NEWS: -- Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, announced today an improvement to functionality through customizable duration analysis for specified loan products. Mortgage lenders using the comprehensive capital markets platform MCTlive! now have the ability to increase, review, and refine the granularity of their spec durations, leading to more precise hedging and reduced basis risk.

NotaryCam Launches ‘Done For You’ eClosing Program to Streamline Lenders’ Path to Electronic Mortgage Closings

eNewsChannels NEWS: -- NotaryCam®, a Stewart-owned company and a pioneering provider of remote online notarization technology for real estate and legal transactions, today announced the launch of its "Done For You" eClosing program. This innovative offering provides lenders with the fastest path to eClosings while requiring minimal effort, effectively addressing common hurdles that have traditionally impeded eClosing implementation.

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.