Mortgage News

WASHINGTON, D.C., June 28, 2024 (SEND2PRESS NEWSWIRE) — The Mortgage Collaborative (TMC) hosted its second Advocacy Committee trip to Washington, DC June 4-6, 2024, with 13 of its IMB and depository Lender Members meeting with key federal agencies, including the Consumer Financial Protection Bureau (CFPB), the U.S. Department of Housing and Urban Development (HUD), Ginnie Mae, Federal Housing Finance Agency (FHFA), Fannie Mae, and Freddie Mac to discuss the impact of recent and upcoming policy changes on small to mid-size lenders.

SAN DIEGO, Calif., June 27, 2024 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, announced the launch of new integrations with Fannie Mae’s Mission Score application programming interface (API) and Mission Score 2 and 3 product grids that provide better transparency and pricing for mortgages aligned with Fannie Mae’s mission objectives.

PLANO, Texas, June 25, 2024 (SEND2PRESS NEWSWIRE) — Optimal Blue announced the release of Competitive Data License, a collection of key national mortgage pricing data that enables lenders to price products competitively, operate more profitably, and react swiftly to changing market conditions. Competitive Data License draws upon direct-source loan data from the Optimal Blue PPE, which is used to price and lock over 35% of loans in the United States.

JACKSONVILLE, Fla., June 20, 2024 (SEND2PRESS NEWSWIRE) — Dark Matter Technologies (Dark Matter), an innovative leader in mortgage technology backed by time-tested loan origination software and leadership, today announced that Inman has recognized its CEO Richard Gagliano with the 2024 Best of Finance award. Now in its second year, the award celebrates 150 innovative professionals demonstrating exceptional leadership and impact in the real estate, mortgage and finance sectors. Honorees are hand-selected by Inman’s editorial team.

BOULDER, Colo., June 20, 2024 (SEND2PRESS NEWSWIRE) — Floify, the mortgage industry’s leading point-of-sale (POS) solution, today announced that it has joined The Mortgage Collaborative (TMC), the nation’s largest independent cooperative network serving the mortgage industry. As a member of TMC’s Preferred Partner Network, Floify will provide its intuitive lending platform for mortgage lenders at a discounted rate to TMC members.

DENVER, Colo., June 20, 2024 (SEND2PRESS NEWSWIRE) — 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 fourth quarter (Q4) and calendar year (CY) of 2023. The latest report analyzes post-closing quality control data derived from ACES Quality Management & Control® software.

NEW YORK CITY, N.Y., June 18, 2024 (SEND2PRESS NEWSWIRE) — Shmulik Fishman, CEO of Argyle, a platform providing real-time income and employment verifications for some of the largest lenders in the United States, has been named to Inman’s 2024 Best in Finance list. Now in its second year, the award honors professionals hand-selected by Inman’s editorial team for their role in shaping the mortgage and financial services industries through leadership and commitment to innovation.

MOUNTAIN VIEW, Calif., June 18, 2024 (SEND2PRESS NEWSWIRE) — Secured Signing, a leading provider of secure Digital Signatures and Remote Online Notarization platform, today announced a significant growth, fueled by a visionary leadership change and strategic team expansion. To meet the demands of its expanding customer base, Secured Signing has strategically expanded its global sales team with the appointment of two industry experts.

LAKE ZURICH, Ill., June 18, 2024 (SEND2PRESS NEWSWIRE) — Dovenmuehle Mortgage, Inc. (Dovenmuehle), a leading mortgage subservicing company, announced today that Standard & Poor’s Global Ratings (S&P) has affirmed its Above Average ranking of Dovenmuehle as a residential mortgage loan primary servicer with a stable outlook. For 13 consecutive years, Dovenmuehle has consistently received an Above Average ranking from S&P.

SAN DIEGO and PASADENA, Calif., June 13, 2024 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading (MCT®), the de facto leader in innovative mortgage capital markets technology, and Lender Price, the first cloud-native provider of mortgage pricing technology, have partnered to provide mortgage lenders using the Lender Price product and pricing engine (PPE) with loan-level MCT MSR values. MCT’s industry-leading mortgage servicing rights (MSR) grids allow Lender Price PPE clients to be more granular, profitable, and efficient when generating their front-end borrower pricing and managing their MSR portfolio.

PLANO, Texas, June 13, 2024 (SEND2PRESS NEWSWIRE) — Optimal Blue today released its May 2024 Market Advantage mortgage data report, which revealed a 25.6% month-over-month (MoM) spike in rate-and-term mortgage refinances. The spike was a response to a modest drop in the Optimal Blue Mortgage Market Indices (OBMMI) 30-year conforming rate, which ended the month at 7.02%.

PLANO, Texas, June 10, 2024 (SEND2PRESS NEWSWIRE) — Optimal Blue today announced the appointment of Joe Tyrrell as CEO. Tyrrell succeeds interim CEO Scott Smith of Optimal Blue’s parent company, Constellation Software Inc. Tyrrell brings over 25 years of experience in the mortgage, finance, and technology industries to Optimal Blue.

SAN DIEGO, Calif., June 10, 2024 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, announced today an increase of 6.78% in mortgage lock volume compared to the previous month. To gain comprehensive insights into the market dynamics, industry professionals and enthusiasts are invited to download the complete report.

SAN DIEGO, Calif., June 6, 2024 (SEND2PRESS NEWSWIRE) — CapitalW Collective (CapitalW), the glass shattering non-profit benefiting women and their allies in mortgage capital markets, today announced its successful debut within the mortgage industry. Officially launched on May 1, 2024, CapitalW made its first appearance at the Mortgage Bankers Association Secondary and Capital Markets Conference in New York May 19-21.

NEW YORK CITY, N.Y., June 6, 2024 (SEND2PRESS NEWSWIRE) — Argyle, a platform providing real-time income and employment verifications for some of the largest lenders in the United States, today announced its CEO Shmulik Fishman has been named a 2024 Tech All-Star by MBA NewsLink, a publication of the Mortgage Bankers Association (MBA). The award celebrates mortgage industry leaders who have made outstanding contributions to mortgage technology.

ADDISON, Texas, June 4, 2024 (SEND2PRESS NEWSWIRE) — Click n’ Close, a multi-state mortgage lender, today announced that it will be honored with a top lender award at the United States Department of Agriculture’s Single Family Housing Guaranteed Loan Program ceremony. This recognition underscores Click n’ Close’s commitment to fostering homeownership and supporting community development through innovative loan programs.

BUFFALO, N.Y., June 4, 2024 (SEND2PRESS NEWSWIRE) — LenderLogix, a leading provider of mortgage point-of-sale and automation software for banks, credit unions, independent mortgage banks, and brokers, recently announced the addition of American Pacific Mortgage to its roster of clients utilizing Fee Chaser. Employing Fee Chaser enables American Pacific Mortgage to efficiently and compliantly collect initial mortgage-related fees from borrowers.

DES MOINES, Iowa, June 4, 2024 (SEND2PRESS NEWSWIRE) — iEmergent, a forecasting and advisory services firm for the financial services, mortgage and real estate industries, today announced the availability of its 2024-2026 U.S. Mortgage Origination Forecast. Updated to reflect preliminary 2023 Home Mortgage Disclosure Act (HMDA) data released by the Federal Financial Institutions Examination Council in March, iEmergent’s latest projections call for modest growth in purchase originations and a gradual increase in refinance loan units and dollars as a percentage of total originations.

BOULDER, Colo., June 3, 2024 (SEND2PRESS NEWSWIRE) — Floify, the mortgage industry’s leading point-of-sale (POS) solution, today announced that its Head of Marketing, industry veteran Courtney Dodd, has been named to HousingWire’s 2024 Marketing Leaders list. The award celebrates the industry’s most creative and influential marketing minds who have demonstrated a track record of transforming brands, leading teams and driving business results.

JACKSONVILLE, Fla., June 3, 2024 (SEND2PRESS NEWSWIRE) — Dark Matter Technologies (Dark Matter), an innovative leader in mortgage technology backed by time-tested loan origination software and leadership, today announced that its vice president of marketing, Wes Horbatuck, has been honored by HousingWire as one of its 2024 Marketing Leaders.

LAKE ZURICH, Ill., June 3, 2024 (SEND2PRESS NEWSWIRE) — Dovenmuehle Mortgage, Inc. (Dovenmuehle), a leading residential mortgage subservicer, announced two promotions within its business development team – Anna Krogh to Senior Vice President and Director of Business Development and Chris Torres to Vice President of Business Development and Manager of the Western Region.

DENVER, Colo., May 30, 2024 (SEND2PRESS NEWSWIRE) — ACES Quality Management® (ACES), the leading provider of enterprise quality management and control software for the financial services industry, has announced a new partnership with Digilytics to provide ACES users access to Revel, an advanced optical character recognition (OCR) technology powered by artificial intelligence (AI) and machine learning (ML).

JACKSONVILLE, Fla., May 30, 2024 (SEND2PRESS NEWSWIRE) — Dark Matter Technologies (Dark Matter), an innovative leader in mortgage technology backed by time-tested loan origination software and leadership, today announced enhancements to the Loan Assumptions feature in the Empower® loan origination system (LOS) that make it easier for mortgage lenders and servicers to transfer assumable mortgages to new homebuyers. The Empower LOS is the first mortgage loan origination system to announce native support for loan assumptions.

DENVER, Colo., May 23, 2024 (SEND2PRESS NEWSWIRE) — ACES Quality Management® (ACES), the leading provider of enterprise quality management and control software for the financial services industry, announced it has been awarded a Top Workplaces 2024 honor by Denver Post Top Workplaces. The Top Workplaces list is based solely on employee feedback gathered through a third-party survey.

JACKSONVILLE, Fla., May 23, 2024 (SEND2PRESS NEWSWIRE) — Dark Matter Technologies (Dark Matter), an innovative new leader in mortgage technology backed by time-tested loan origination software and leadership, today welcomed Truity Credit Union (Truity) as the latest financial institution to select the Empower® loan origination system. A member-owned credit union with locations in Oklahoma, Kansas and Texas, Truity will leverage the Empower LOS to provide loan officers and members a modern, mobile-friendly experience.

PLANO, Texas, May 16, 2024 (SEND2PRESS NEWSWIRE) — Optimal Blue announced the launch of its Optimize Your Advantage campaign in advance of the MBA Secondary and Capital Markets Conference. This comprehensive brand initiative highlights the value and innovation the company delivers to clients. Through Optimal Blue’s position as the housing industry’s only end-to-end capital markets platform, lenders and other market participants have greater control of their profit margins, giving them distinct advantages, regardless of market conditions.

BUFFALO, N.Y., May 15, 2024 (SEND2PRESS NEWSWIRE) — LenderLogix, a leading provider of mortgage point-of-sale and automation software for banks, credit unions, independent mortgage banks, and brokers, today announced OneTrust Home Loans as its newest Fee Chaser client. Using Fee Chaser, OneTrust Home Loans can streamline its operations and compliantly collect upfront fees from its borrowers.

JACKSONVILLE, Fla., May 14, 2024 (SEND2PRESS NEWSWIRE) — Dark Matter Technologies (Dark Matter) today announced the appointment of Vikas Rao as deputy chief product officer. Reporting directly to Chief Product Officer Stephanie Durflinger, Rao is charged with overseeing enhancements to the Empower® loan origination system (LOS) and establishing Dark Matter’s developer community, which will help lenders embed automation deeper in their origination workflows and more tightly integrate their systems using open application programming interfaces (APIs) and widgets.

BOULDER, Colo., May 13, 2024 (SEND2PRESS NEWSWIRE) — Floify, the mortgage industry’s leading point-of-sale (POS) solution, today announced the appointment of Jason Mapes as head of sales. Mapes, who previously served as director of sales for nCino’s Mortgage Suite, brings a wealth of experience to spearhead Floify’s national sales initiatives.

DENVER, Colo., May 13, 2024 (SEND2PRESS NEWSWIRE) — ACES Quality Management® (ACES), the leading provider of enterprise quality management and control software for the financial services industry, has been named one of the 2024 Best Places to Work in Financial Technology. The awards program was created in 2017 and is an Arizent and Best Companies Group project.

PLANO, Texas, May 13, 2024 (SEND2PRESS NEWSWIRE) — Optimal Blue today released its April 2024 Originations Market Monitor report, which reveals the first year-over-year increase in purchase mortgage lock counts since the Federal Reserve initiated rate hikes in March 2022.

ATLANTA, Ga., May 13, 2024 (SEND2PRESS NEWSWIRE) — Down Payment Resource (DPR), the housing industry’s leading technology for connecting homebuyers with homebuyer assistance programs, today announced a new integration using the latest API framework from Intercontinental Exchange (ICE) for mortgage technology. Available via the Encompass Partner Connect™ API Platform, the integration makes it easier for lenders to support homebuyers with the nation’s 2,300-plus down payment assistance (DPA) programs.

SAN DIEGO, Calif., May 9, 2024 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, today announced the release of the Base Rate Generator, an industry-changing solution that allows mortgage lenders to directly inform their front-end rate sheet pricing with their back-end capital markets executions. By combining live agency API connections, co-issue executions, aggregator pricing, and custom TBA indications, the MCT Base Rate Generator allows mortgage lenders to improve margin management and competitive performance.

DENVER, Colo., May 8, 2024 (SEND2PRESS NEWSWIRE) — ACES Quality Management® (ACES), the leading provider of enterprise quality management and control software for the financial services industry, has announced a new partnership with Infrrd to provide ACES users access to intelligent document processing. When used in conjunction with ACES Quality Management & Control software, Infrrd’s technology helps lenders improve the efficiency of their quality control (QC) reviews by indexing, categorizing and reviewing the accuracy of loan file documents prior to review.

SAN DIEGO, Calif., May 7, 2024 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, today reported a 1.87% increase in mortgage lock volume compared to the previous month. To gain comprehensive insights into the market dynamics, industry professionals and enthusiasts are invited to download the complete report.

SALT LAKE CITY, Utah, May 7, 2024 (SEND2PRESS NEWSWIRE) — Mobility Market Intelligence (MMI), a leader in data intelligence and market insight tools for the mortgage and real estate industries, announced its Vice President of Strategic Partnerships, Heidi Iverson, will be participating in the Mortgage Bankers Association’s upcoming webinar “Using Data and Technology to Connect with Today’s Buyers to Increase Homeownership,” on May 14 at 3 p.m. ET.

JACKSONVILLE, Fla., May 7, 2024 (SEND2PRESS NEWSWIRE) — Dark Matter Technologies (Dark Matter), an innovative new leader in mortgage technology backed by time-tested loan origination software and leadership, today announced that Monterra Credit Union (Monterra CU), a full-service financial institution serving members throughout San Mateo County, California, the City of Palo Alto and the San Francisco Bay Area, has selected the Empower® loan origination system (LOS) for mortgage loan, home-equity loan and home-equity line of credit (HELOC) originations.

SALT LAKE CITY, Utah, May 2, 2024 (SEND2PRESS NEWSWIRE) — Mobility Market Intelligence (MMI), a leader in data intelligence and market insight tools for the mortgage and real estate industries, announced today that Ron Ross, an established senior executive, will fill the role of chief financial officer.

ATLANTA, Ga., April 29, 2024 (SEND2PRESS NEWSWIRE) — Down Payment Resource (DPR), the housing industry’s leading technology for connecting homebuyers with homebuyer assistance programs, today announced that it has joined The Mortgage Collaborative (TMC), the nation’s largest independent cooperative network serving the mortgage industry. As a member of TMC’s Preferred Partner Network, DPR will provide its software, which provides operational support for utilizing its database of more than 2,300 down payment assistance (DPA) programs, at a discounted rate to TMC members.

IRVINE, Calif., April 26, 2024 (SEND2PRESS NEWSWIRE) — Informative Research, a leading technology platform that delivers data-driven solutions to the lending community, announced today that Ryan Kaufman, IT Manager – Integrations, has been selected by HousingWire magazine for its annual Rising Stars award.