Wednesday, January 15, 2025
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Tag: Finance

MCT Reports 16% Decrease in Mortgage Lock Volume Amid Market Dynamics : National News

SAN DIEGO, Calif., Jan. 14, 2025 (SEND2PRESS NEWSWIRE) -- Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, announced today a 16.7% decrease in mortgage lock volume compared to the previous month. Industry professionals and market enthusiasts are encouraged to download the complete report to gain comprehensive insights into the evolving market dynamics.

Hopdox Enters into a Joint eRecording Services Agreement with Harris Recording Solutions to Bring Seamless eRecording to Counties Nationwide : National...

ALPINE, Utah, Jan. 14, 2025 (SEND2PRESS NEWSWIRE) -- Hopdox, the leading innovator in eRecording, is excited to announce that it has entered a joint eRecording services agreement with Harris Recording Solutions to integrate Hopdox's cutting-edge eRecording platform with Harris Recording Solutions' land record management systems. This collaboration marks a major milestone in delivering more efficient, modern recording capabilities to counties nationwide.

Hopdox Successfully Completes Inaugural eRecording in Clark County, Nevada : National News

ALPINE, Utah, Jan. 14, 2025 (SEND2PRESS NEWSWIRE) -- Hopdox, the leading innovator in eRecording, is thrilled to announce the successful completion of its first eRecording in Clark County, Nevada. This milestone marks the inauguration of Hopdox's services, enabling seamless and efficient document recording for the nation's title companies, banks, and attorneys.

ACES Increases Financial Services QC Audit Volume by 15% in 2024, Expands New Client Acquisition by 66% : National News

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.

December Mortgage Lock Data Reveals Year-Over-Year Increases Across All Loan Types Despite Seasonal Downturn : National News

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.

ProNotary Invites Businesses to Partner for Wildfire Disaster Relief with Remote Online Notarization Solutions : National News

DALLAS, Texas, Jan. 13, 2025 (SEND2PRESS NEWSWIRE) -- In the wake of devastating wildfires, ProNotary, a leading remote online notarization (RON) software provider, is stepping up to empower businesses with the tools needed to integrate RON into their operations. By partnering with ProNotary, organizations can help communities impacted by these natural disasters access essential services like notarizing insurance claims, property agreements, and legal documents - all from a secure, remote platform.

Polly and CapitalW Collective Align to Support Women in Mortgage Capital Markets : National News

SAN DIEGO, Calif., Jan. 10, 2025 (SEND2PRESS NEWSWIRE) -- CapitalW Collective, a trailblazing non-profit dedicated to advancing women and their allies in mortgage capital markets, proudly announces Polly as its first product and pricing engine (PPE) Diamond-level corporate sponsor. This alliance underscores CapitalW Collective's mission "to create more inclusive and dynamic mortgage capital markets, one woman and ally at a time."

Travel Insurance Essential in 2025: Bigger Trips, Rising Costs, and Evolving Travel Trends : National News

NEW YORK, N.Y., Jan. 9, 2025 (SEND2PRESS NEWSWIRE) -- TravelInsurance.com, the leading platform for comparing and purchasing travel insurance from global providers, reports that travel insurance is more critical in 2025 as disruptions and rising travel costs persist. With trip costs and demand surging in 2025, the importance of safeguarding travel investments is clear.

Mortgage Machine Services Fully Integrates AI-Powered Pricing Engine into Proprietary LOS : National News

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.

Mortgage industry podcast The Big Picture with Rich Swerbinsky and Rob Chrisman welcomes Floify President Sofia Rossato as January 9 guest...

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.

Jason Mapes, Floify’s head of sales, named a PROGRESS in Lending Thought Leader : National News

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."

Matrix Advises on the Sale of Clearfield MMG, LLC to VLS Environmental Solutions, LLC : National News

RICHMOND, Va., and BALTIMORE, Md., Dec. 30, 2024 (SEND2PRESS NEWSWIRE) -- Matrix Capital Markets Group, Inc. is pleased to announce the sale of Clearfield MMG, LLC, a Virginia-based company renowned for its expertise in innovative, specialized treatment and waste disposal solutions, to VLS Environmental Solutions, LLC, a leader in sustainable waste management and environmental solutions and a portfolio company of I Squared Capital.

Healthcare Insurance Policies Fuel Crisis: The Silent Killer of Home Care Agencies : National News

HOUSTON, Texas, Dec. 30, 2024 (SEND2PRESS NEWSWIRE) -- A troubling reality in the healthcare industry has come to light: health care insurance companies are being allowed to prioritize profits over people, causing a devastating ripple effect that results in nearly 50% of home care agencies closing their doors within five years, says Ace Compliance Consulting. As the baby boomers retire, this systemic failure threatens the very fabric of our healthcare ecosystem and leaves vulnerable populations without essential care.
Living Benefits Awareness Month

Alliance Group Celebrates Eighth Annual Living Benefits Awareness Month This January : National News

LAWRENCEVILLE, Ga., Dec. 27, 2024 (SEND2PRESS NEWSWIRE) -- Alliance Group is proud to announce the eighth annual Living Benefits Awareness Month (LBAM), kicking off this January with the theme, Get the Most Out of Life. The month-long campaign aims to educate consumers about the transformative value of Living Benefits life insurance, which ensures policyholders get more value from their life insurance premiums by offering powerful, free features that traditional policies lack.

Matrix Advises on the Sale of Atlantic States Lubricants Corp. to Moove : National News

RICHMOND, Va., and BALTIMORE, Md., Dec. 19, 2024 (SEND2PRESS NEWSWIRE) -- Matrix Capital Markets Group, Inc. announces the successful sale of certain assets of Atlantic States Lubricants Corp. ("ASL") to Moove, formerly known as PetroChoice. Atlantic States Lubricants, based in Farmingdale, New York, is an authorized distributor of Mobil-branded lubricants and related products.

Dovenmuehle Earns FHA Tier 1 Rating from HUD’s Tier Ranking System (TRS) II Scorecard : National News

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).

Ryan Kaufman of Informative Research Named to National Mortgage Professional’s 40 Under 40 List : National News

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.

Matrix Advises Jolley Stores and S.B. Collins on its Sale to Stewart’s Shops : National News

RICHMOND, Va., and BALTIMORE, Md., Dec. 17, 2024 (SEND2PRESS NEWSWIRE) -- Matrix Capital Markets Group, Inc. announces that it has advised Jolley Associates, LLC and S.B. Collins, Inc. (collectively, "SBC") on the sale of its convenience retail, wholesale dealer, and residential heating oil (d/b/a as Clarence Brown) businesses to Stewart's Shops Corp.

Click n’ Close welcomes Jeff Raich to its National Sales bench : National News

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.

Financial Advisor Jonathan Mintle of Edward Jones Receives CERTIFIED FINANCIAL PLANNER™ Certification : National News

BUENA VISTA, Colo., Dec. 16, 2024 (SEND2PRESS NEWSWIRE) -- Financial Advisor Jonathan Mintle of the financial services firm Edward Jones in Buena Vista, Colorado has received the CERTIFIED FINANCIAL PLANNER™, or CFP®, certification, granted by the Certified Financial Planner Board of Standards (CFP Board).

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