Tag: DepthPR

CLEVELAND, Ohio, Jan. 20, 2025 (SEND2PRESS NEWSWIRE) -- Top mortgage industry webcast The Big Picture, broadcast live every Thursday at 3 p.m. ET, this week features Peter J. Benjamin, CMB, president of the American Credit Union Mortgage Association (ACUMA), an organization dedicated to advancing credit union mortgage lending.

DENVER, Colo., Jan. 14, 2025 (SEND2PRESS NEWSWIRE) -- ACES Quality Management® (ACES), the leading provider of enterprise quality management and control software for the financial services industry, has sought to support its customers through turbulent market conditions by providing critical technology innovations to its quality control audit suite.

PLANO, Texas, Jan. 14, 2025 (SEND2PRESS NEWSWIRE) -- Optimal Blue today released its December 2024 Market Advantage mortgage data report, showcasing year-over-year (YoY) growth in mortgage activity, even as seasonal trends led to a month-over-month (MoM) decline in rate lock volumes. Overall, December mortgage lock volume was up 26% YoY, driven by an 18% increase in purchase locks, a 43% rise in cash-out refinances, and an 82% jump in rate-and-term refinances.

CLEVELAND, Ohio, Jan. 13, 2025 (SEND2PRESS NEWSWIRE) -- Top mortgage industry webcast The Big Picture, hosted by Rich Swerbinsky and Rob Chrisman and broadcast live every Thursday at 3 p.m. ET, next week features Ryan Donovan, president and chief executive officer of the Council of Federal Home Loan Banks, a trade association representing the positions and views of the Federal Home Loan Bank System.

ADDISON, Texas, Jan. 8, 2025 (SEND2PRESS NEWSWIRE) -- Mortgage Machine Services (Mortgage Machine), an industry leader in digital origination technology to residential mortgage lenders, announced that it now offers an artificial intelligence (AI)-powered pricing engine. The pricing engine ingests and updates pricing for a lender's investors and aggregators automatically.

CLEVELAND, Ohio, Jan. 6, 2025 (SEND2PRESS NEWSWIRE) -- Top mortgage industry podcast The Big Picture, broadcast live every Thursday at 3 p.m. ET, this week features technology executive Sofia Rossato, president and general manager of Floify, a leading mortgage point-of-sale solution and subsidiary of Porch Group, Inc. A respected proptech and fintech executive with more than 20 years' experience growing companies in startup and large corporate environments, Rossato brings a market-tested perspective to the challenges and opportunities mortgage lenders contend with during the U.S. housing industry's fluctuations.

JACKSONVILLE, Fla. /FLORIDA NEWSWIRE/ -- Dark Matter Technologies (Dark Matter®), an innovative leader in mortgage technology backed by time-tested loan origination software and leadership, today announced the appointment of Brad Vasto as Chief Revenue Officer (CRO). Vasto steps into the role as Sean Dugan, the outgoing CRO, prepares to assume the position of CEO in April 2025, succeeding current CEO Rich Gagliano.

BOULDER, Colo., Jan. 3, 2025 (SEND2PRESS NEWSWIRE) -- Floify, the mortgage industry's leading point-of-sale (POS) solution, today announced that its Head of Sales, Jason Mapes, has been named a 2024 Thought Leader by PROGRESS in Lending (PIL). Now in its fourth year, PIL's Thought Leader award recognizes industry thought leaders who are not afraid to "step forward and blaze a new trail."

LAKE ZURICH, Ill., Dec. 19, 2024 (SEND2PRESS NEWSWIRE) -- Dovenmuehle Mortgage, Inc., a leader in mortgage subservicing, announced today that it received a Tier 1 Rating from the U.S. Department of Housing and Urban Development (HUD). This rating was awarded for Dovenmuehle's Federal Housing Administration (FHA) servicing performance under HUD's Tier Ranking System II (TRS II).

IRVINE, Calif., Dec. 18, 2024 (SEND2PRESS NEWSWIRE) -- Informative Research, a premier technology provider delivering data-driven credit and verification solutions to the lending community, announced that Ryan Kaufman, IT Manager of Integrations, has been named to the National Mortgage Professional (NMP) 40 Under 40 list. This honor recognizes exceptional professionals who are influencing the future of the mortgage industry.

ADDISON, Texas, Dec. 17, 2024 (SEND2PRESS NEWSWIRE) -- Click n' Close (CNC), a multi-state mortgage lender serving consumers and mortgage originators through its wholesale and correspondent channels, today announced Jeff Raich has joined the organization as a national sales director in correspondent lending.

NOVI, Mich., Dec. 10, 2024 (SEND2PRESS NEWSWIRE) -- 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.

PLANO, Texas, Dec. 10, 2024 (SEND2PRESS NEWSWIRE) -- 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. Purchase lock volume was down 21% MoM, while cash-out and rate-and-term refinance volumes fell 20% and 50%, respectively.

PLANO, Texas, Dec. 5, 2024 (SEND2PRESS NEWSWIRE) -- 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.

SALT LAKE CITY, Utah, Nov. 21, 2024 (SEND2PRESS NEWSWIRE) -- Mobility Market Intelligence (MMI) today announced it ranked No. 418 on the Deloitte Technology Fast 500™, an annual ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America, now in its 30th year. MMI grew 260 % from 2020 through 2023.

DENVER, Colo., Nov. 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 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.

ATLANTA, Ga., Nov. 19, 2024 (SEND2PRESS NEWSWIRE) -- Strategic Benefits Advisors, Inc. (SBA) has been honored by the Atlanta Business Chronicle as one of Atlanta's top employee benefits and compensation companies of 2024. This is the sixth consecutive year SBA has made the Chronicle's annual list, which highlights metro Atlanta's largest employers of benefits consultants. The accolade underscores SBA's steady growth and success in delivering expert consulting and benefits delivery services to public and private-sector employers across North America.

ADDISON, Texas, Nov. 14, 2024 (SEND2PRESS NEWSWIRE) -- 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. Independent auditor Sensiba LLP (Sensiba) announced MMS's successful completion of its System and Organization Controls (SOC) 2 Type II audit in early November.

DENVER, Colo., Nov. 12, 2024 (SEND2PRESS NEWSWIRE) -- 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.

PLANO, Texas, Nov. 12, 2024 (SEND2PRESS NEWSWIRE) -- 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.