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Mortgage E-closing Pioneer Mountain America Credit Union Implements Simplifile’s Collaboration and Post Closing Services

PROVO, Utah, May 17, 2018 (SEND2PRESS NEWSWIRE) -- Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, today announced that Mountain America Credit Union has implemented Simplifile Collaboration and Post Closing services to enhance the closing experience for its members.

Cloudvirga Raises $50 Million to Deliver Truly Digital Mortgage Experience for Fintech Industry

IRVINE, Calif., May 16, 2018 (SEND2PRESS NEWSWIRE) -- Cloudvirga, a leading provider of digital mortgage point-of-sale (POS) software whose enterprise technology is powered by the intelligent Mortgage Platform, today announced the closing of a $50-million Series C funding round led by private-equity firm Riverwood Capital with ongoing participation from Upfront Ventures.
ARMCO

ARMCO Integrates with BankVOD to enable Seamless Transfer of Bank Data

POMPANO BEACH, Fla. /Florida Newswire/ -- ACES Risk Management (ARMCO), the leading provider of enterprise financial risk mitigation software solutions, announced an integration with BankVOD, the company that pioneered the electronic risk interface for asset verifications. This integration, which provides a direct, seamless connection between ARMCO's ACES Audit Technology and BankVOD's Verification Hub.

Mid America Mortgage to Offer Warehouse Lines of Credit on Seasoned and ‘Scratch and Dent’ Loans

ADDISON, Texas, May 14, 2018 (SEND2PRESS NEWSWIRE) -- Mid America Mortgage, Inc. Owner and Chief Executive Officer Jeff Bode today announced that the firm has expanded its relationship with Spectrum Mortgage Holdings, LLC to offer warehouse lines of credit in conjunction with its Whole Loan Purchase program. This will provide sellers the flexibility to finance loans being sold to Mid America, including seasoned and 'scratch and dent' loans.

MQMR Counsels Mortgage Lenders to Increase Internal Audit Frequency and Compliance Resources to Safeguard Secondary Market Activities

LOS ANGELES, Calif., May 10, 2018 (SEND2PRESS NEWSWIRE) -- Mortgage Quality Management and Research, LLC (MQMR) President Michael Steer today advised lenders to increase the frequency with which they conduct their internal audits to ensure secondary market activities and relationships are not negatively impacted by undiscovered risks.

LBA Ware Appoints Mortgage Technology Specialist Diana Sheffer as Solutions Consultant

MACON, Ga., May 3, 2018 (SEND2PRESS NEWSWIRE) -- LBA Ware(TM), a leading provider of automated compensation software and systems integration solutions for mortgage lenders, announced it has hired Diana Sheffer as a solutions consultant to support the company's sales and product implementation efforts. In this role, Sheffer will apply her 18 years' experience in mortgage lending and technology consulting to connect LBA Ware's clients with best-fit systems integration and process automation solutions to enhance performance-driven organizational growth.

Mid America Mortgage CEO Jeff Bode to Share eMortgage Insights at Texas MBA and MBA Secondary Conferences

ADDISON, Texas, May 1, 2018 (SEND2PRESS NEWSWIRE) -- Mid America Mortgage, Inc. (Mid America) announced today that its Owner and CEO Jeff Bode will be sharing his expertise on digital mortgage origination and securitization at two upcoming industry conferences.
ARMCO

ARMCO’s Q3 2017 Trends Report: Critical Loan Defect Rate Drops for First Time in 2017

POMPANO BEACH, Fla., April 26, 2018 (SEND2PRESS NEWSWIRE) -- ACES Risk Management (ARMCO), the leading provider of enterprise financial risk mitigation software solutions, announced the release of the ARMCO Mortgage QC Trends Report. The latest report is for the third quarter of 2017, which relays loan quality findings for mortgages reviewed by ACES Audit Technology between July 1, 2017 and September 30, 2017.
OpenClose

Ascend Federal Credit Union Automates its Residential Mortgage Lending Business with OpenClose’s LenderAssist and DecisionAssist

WEST PALM BEACH, Fla. /Florida Newswire/ -- OpenClose(R), an industry-leading multi-channel loan origination system (LOS) and mortgage fintech provider, announced that Ascend Federal Credit Union (Ascend) is leveraging its LenderAssist(TM) LOS platform and DecisionAssist(TM) product and pricing engine (PPE). OpenClose's completely browser-based solution has delivered additional efficiencies and heightened service levels for the credit union's growing mortgage lending division.

Cloudvirga Adds Award-Winning Appraisal Order Management from Mercury Network to Its Digital Mortgage Point-of-Sale Platform

IRVINE, Calif., April 19, 2018 (SEND2PRESS NEWSWIRE) -- Cloudvirga(TM), a leading provider of digital mortgage point-of-sale (POS) software whose enterprise technology is powered by the Intelligent Mortgage Platform(R), today announced its completion of a fully automated, lights-out integration with Mercury Network, part of CoreLogic (NYSE: CLGX) and one of the industry's largest appraisal order management platforms.

Matic Marks Commitment to Compliance with Appointment of Shaz Kojouri to Senior Management Team

SHERMAN OAKS, Calif., April 18, 2018 (SEND2PRESS NEWSWIRE) -- Matic, a digital insurance agency whose technology enables borrowers to purchase homeowner's insurance during the mortgage transaction, today announced it has tapped Shahrzad "Shaz" Kojouri as vice president of legal and compliance.

Veros and IDS Partner on Integrated Solution for Fannie Mae and Freddie Mac UCD Data Submissions

SANTA ANA, Calif., April 16, 2018 (SEND2PRESS NEWSWIRE) -- Veros Real Estate Solutions (Veros), a leading developer of enterprise risk management, collateral valuation, and predictive analytics services, and mortgage document preparation vendor International Document Services, Inc. (IDS) announced today that they have partnered to provide lenders with a fully integrated automated delivery solution for submitting the Uniform Closing Dataset (UCD) to the Government Sponsored Enterprises (GSEs).

IDS Adds Hybrid eClosing Capabilities to Its Mortgage Doc Prep Platform

SALT LAKE CITY, Utah, April 16, 2018 (SEND2PRESS NEWSWIRE) -- Mortgage document preparation vendor International Document Services, Inc. (IDS), announced that its clients now have the capabilities to conduct hybrid electronic mortgage closings through its flagship mortgage document preparation platform, idsDoc.

Cloudvirga and Freddie Mac Team Up to Deliver a Better Borrower Experience, Maximize Fungibility

IRVINE, Calif., April 12, 2018 (SEND2PRESS NEWSWIRE) -- Cloudvirga, a leading provider of digital mortgage point-of-sale (POS) software whose enterprise technology is powered by the intelligent Mortgage Platform(, today launched single-click submission of loan data to both GSEs' automated underwriting systems (AUS) in a collaborative effort with Freddie Mac, delivering on the industry need for greater transactional ease.

MQMR Advises Mortgage Lenders to Supplement Resources for Compliance Guidance

LOS ANGELES, Calif., April 12, 2018 (SEND2PRESS NEWSWIRR) -- Mortgage Quality Management and Research, LLC (MQMR) President Michael Steer today urged lenders to seek additional resources for compliance advice to ensure total compliance with regulatory requirements.

IDS, Inc. Advises Mortgage Lenders to Address UCD Warnings Prior to June 25 Deadline

SALT LAKE CITY, Utah, April 11, 2018 (SEND2PRESS NEWSWIRE) -- Mortgage document preparation vendor, International Document Services, Inc. (IDS), has announced it is advising all lenders to begin troubleshooting warnings from Fannie Mae and Freddie Mac's Uniform Closing Dataset (UCD) portal regarding missing information in their UCD files. Effective June 25, 2018, the GSEs will fire a fatal edit in their Loan Delivery systems if the UCD status is "Not Successful" or a UCD was not submitted. (UPDATED)

Alterra Home Loans Selects LBA Ware’s CompenSafe to Increase Mortgage Origination Productivity, Contain Operating Costs

MACON, Ga., April 11, 2018 (SEND2PRESS NEWSWIRE) -- LBA Ware, a leading provider of automated compensation software and systems integration solutions for mortgage lenders, today announced that top ranking Nevada-based retail mortgage lender, Alterra Home Loans has chosen CompenSafe to automate commissions for its 65 branch offices licensed to operate in 30 states and deliver operational insights to executive management on its branches and sales staff.

National Mortgage Professional Magazine Designates Quandis a 2018 Top Mortgage Employer

RANCHO SANTA MARGARITA, Calif., April 5, 2018 (SEND2PRESS NEWSWIRE) -- Quandis, Inc., a leading default management mortgage technology provider, announced that it was named to National Mortgage Professional magazine's (NMP) Top Mortgage Employers list for 2018. Quandis was one of only ten companies to be included in the publication's 'Services Providers' award category.

IDS Advises Mortgage Lenders to Address UCD Warnings Prior to June 25 Deadline

SALT LAKE CITY, Utah, April 5, 2018 (SEND2PRESS NEWSWIRE) -- Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it is advising all lenders to begin troubleshooting warnings from Fannie Mae and Freddie Mac's Uniform Closing Dataset (UCD) portal regarding missing information in their UCD files. Beginning June 25, UCD files that trigger a warning will not be accepted by the GSEs.

Simplifile Reaches $100K in Donations through Simplifile Cares

PROVO, Utah, March 29, 2018 (SEND2PRESS NEWSWIRE) -- Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, announced it has reached $100,000 mark in charitable donations made through its philanthropic initiative Simplifile Cares.