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Tag: mortgage technology

DocMagic to Be Fully TRID Compliant by Aug 1, Regardless of When New Rule Actually Takes Effect

TORRANCE, Calif., June 19, 2015 (SEND2PRESS NEWSWIRE) -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions, announced that the CFPB's proposed delay will have no bearing on its plans to be ready to meet the CFPB's originally planned Aug. 1 due date to implement the TILA-RESPA Integrated Disclosure (TRID) rule.

MCT Trading Named to 2015 ‘Best Places to Work’ List for the Fourth Year in a Row

SAN DIEGO, Calif., June 18, 2015 (SEND2PRESS NEWSWIRE) -- MCT Trading, Inc. (MCT), a recognized industry leader in mortgage risk management providing pipeline hedging, best-execution loan sales and centralized lock desk services, announced that the San Diego Business Journal's (SDBJ) has named the company to its annual Best Places to Work list for the fourth year in a row.

ShortSave Adds Mortgage Servicer Dashboard Tools, Borrower Document Fulfillment/eSignatures

MONUMENT, Colo., June 2, 2015 (SEND2PRESS NEWSWIRE) -- ShortSave, Inc., the provider of an award-winning borrower-facing mortgage default servicing system, announced it has made several upgrades to its platform to improve analytics and compliance tracking for servicers, as well as enhancements to the borrower experience.

IDS Hits Four of Five TRID Development Milestones

SALT LAKE CITY, Utah, May 19, 2015 (SEND2PRESS NEWSWIRE) -- Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it is on schedule and has achieved four of its five major development milestones for the TILA/RESPA Integrated Disclosures (TRID) implementation. The final development milestone for IDS is to update the Escrow and Imports sections of idsDoc, after which users will be able to test and review the documents.
Florida-based OpenClose

OpenClose announces version 4 of its OC Optics Web-based Enterprise Analytics and Reporting for Mortgage Industry

WEST PALM BEACH, Fla. /Florida Newswire/ -- OpenClose, an enterprise-class, multi-channel end-to-end loan origination system (LOS) provider, announced that it has released version 4.0 of OC Optics(TM), a web-based analytics and reporting system that integrates tightly with its LenderAssist(TM) LOS platform. The enhancements provide clients with more control, added functionality, and robust editing and configuration tools that effectively customizes data analysis and reporting outputs.

eSigning Milestone Achieved: DocMagic Inc. Surpasses 100 Million eSignature Transactions for the Mortgage Industry

TORRANCE, Calif., May 11, 2015 (SEND2PRESS NEWSWIRE) -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions, announced today that its eSign platforms have now processed more than 100 million mortgage-related eSignature transactions.

DocMagic Releases New TRID Functionality to its Entire Client Base and All LOS Vendors

TORRANCE, Calif., May 7, 2015 (SEND2PRESS NEWSWIRE) -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions, announced that it has completed all required TILA-RESPA Integrated Disclosure rule (TRID) software development and testing, and the new TRID enhancements have been officially released into DocMagic's production environment.

DocMagic to Launch Collaborative Closing Platform to Meet TRID Requirements

TORRANCE, Calif., April 23, 2015 (SEND2PRESS NEWSWIRE) -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions, announced that it will launch a Collaborative Closing Platform for the mortgage industry. The solution is comprised of a secure, seamless and dynamic web-based portal that efficiently and expeditiously helps lenders comply with the TILA-RESPA Integrated Disclosure (TRID) rule that becomes effective on August 1.
Ken Ellis

Mortgage Banking Industry Veteran Ken Ellis Joins OpenClose Sales Team in Florida

WEST PALM BEACH, Fla. /Florida Newswire/ -- OpenClose, an enterprise-class end-to-end loan origination system (LOS) provider, announced that industry veteran Ken Ellis has been hired as director of business development. Ellis will be responsible for selling the company's multi-channel LenderAssist(TM) LOS platform to lenders, banks and credit unions.

San Diego’s ReverseVision Named to HousingWire HW TECH100

SAN DIEGO, Calif., March 19, 2015 (SEND2PRESS NEWSWIRE) -- ReverseVision, the leading software and technology provider for the reverse mortgage industry, announced it has been included in the 2015 edition of HousingWire's HW TECH100(TM) list.
Florida-based OpenClose

OpenClose named by HousingWire as a Top 100 Most Innovative Technology Company for 2015

WEST PALM BEACH, Fla. /Florida Newswire/ -- OpenClose, an enterprise-class end-to-end loan origination system (LOS) provider, announced that it has been named to HousingWire magazine's second annual HWTECH 100(TM) list for 2015. HW TECH100 honors the 100 most innovative technology companies serving the U.S. mortgage finance and real estate industries.

DocMagic Named to HousingWire Magazine 2015 HW TECH100 List

TORRANCE, Calif., March 17, 2015 (SEND2PRESS NEWSWIRE) -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions, announced that HousingWire magazine designated the company to its 2015 HW TECH100(TM) list. The list honors the 100 most innovative technology companies serving the U.S. mortgage finance and real estate industries.

DocMagic Secures Exclusive Agreement with World Wide Notary, Inc. to Leverage eNotarization Technology

TORRANCE, Calif., Mar. 10, 2015 (SEND2PRESS NEWSWIRE) -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions, announced today that it formed an exclusive strategic alliance with World Wide Notary, Inc. (WWN), a pioneering developer of electronic notarization services. The partnership integrates WWN's patent pending DigaSign eNotary technology into DocMagic's eServices platform to deliver a fully paperless eClosing solution.

HousingWire Magazine Designates Global DMS to its TECH100 List for the Second Year

LANSDALE, Pa., March 10, 2015 (SEND2PRESS NEWSWIRE) -- Global DMS, a leading provider of web-based compliant valuation management software, announced that HousingWire magazine again named the company to its 2015 HW TECH100(TM) list. The list was officially introduced in 2014 and each year seeks to recognize the 100 most innovative technology firms in the U.S. housing economy.

Veros Selected as HousingWire HW Tech100 ‘Market Influence’ Category Winner

SANTA ANA, Calif., March 6, 2015 (SEND2PRESS NEWSWIRE) -- Veros Real Estate Solutions (Veros), an award-winning industry leader in enterprise risk management, collateral valuation services and predictive analytics, announced today that it has been named the winner of the 'Market Influence' category in the 2015 edition of HousingWire's HW TECH100(TM) list.

ReverseVision update to their RV Exchange LOS includes changes to meet original HUD March 2 Deadline

SAN DIEGO, Calif., March 6, 2015 (SEND2PRESS NEWSWIRE) -- ReverseVision, the leading software and technology provider for the reverse mortgage industry, has released an update to their RV Exchange LOS that includes all Financial Assessment critical screens and calculations. This release was targeted to meet the Department of Housing and Urban Development's (HUD's) original Financial Assessment (FA) implementation date of March 2.

United Wholesale Mortgage Enhances UTrack Loan Tracking Technology

TROY, Mich., Feb. 26, 2015 (SEND2PRESS NEWSWIRE) -- United Wholesale Mortgage (UWM), one of the nation's largest and fastest growing wholesale lenders, announced that it has significantly enhanced its loan tracking technology called UTrack, which was redesigned specifically to allow borrowers and real estate agents to have real-time access to track their purchase and refinance loans.

San Diego’s ReverseVision on Track for Financial Assessment Changes Despite HUD Delay

SAN DIEGO, Calif., Feb. 24, 2015 (SEND2PRESS NEWSWIRE) -- John Button, president and CEO of leading reverse mortgage software and technology provider ReverseVision, says the Department of Housing and Urban Development's (HUD) decision to delay implementation of its Financial Assessment (FA) rules provides a better opportunity for lenders to get the required technology changes including: ReverseVision's, HUD's and other systems implemented into their processes before using these tools in their day-to-day workflow.
WILL FOY

Mortgage veteran Will Foy joins loan origination system provider OpenClose

WEST PALM BEACH, Fla. /Florida Newswire/ -- OpenClose, an enterprise-class end-to-end loan origination system (LOS) provider based in Florida, today announced that it hass hired Will Foy as integration manager. In this role, Foy will be responsible for client integrations, project management, quality assurance and testing, the application of agile technology methods, and business analysis and solution crafting.

Quandis Unveils QLS, a Comprehensive Default Management Platform

FOOTHILL RANCH, Calif., Feb. 19, 2015 (SEND2PRESS NEWSWIRE) -- Quandis, Inc., a leading provider of default servicing software, announced that it launched Quandis Loan Servicing (QLS), an end-to-end default management platform that automates and compliantly manages the default process from start to finish. QLS is offered as an all-in-one system and also as modules so various components can be leveraged by servicers based on individual needs.

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