Tag: Mortgage
Down Payment Resource reports highest annual down payment assistance program count growth on record
ATLANTA, Ga., April 24, 2024 (SEND2PRESS NEWSWIRE) -- Down Payment Resource (DPR), the housing industry authority on homebuyer assistance program data and solutions, today released its Q1 2024 Homeownership Program Index (HPI) report. In a quarter where year-over-year (YoY) home prices jumped 6%, the YoY national down payment assistance count increased by 204, the largest annual jump since DPR began reporting on this data in Q3 2020.
Dark Matter Technologies and Total Expert partner to boost lender revenue with best-in-class mortgage automation
JACKSONVILLE, Fla. /FLORIDA NEWSWIRE/ -- Dark Matter Technologies (Dark Matter) today announced a new strategic partnership with Total Expert, the customer engagement platform purpose-built for modern financial institutions. A forthcoming bi-directional integration between Total Expert and the Empower® loan origination system (LOS) from Dark Matter will empower mortgage lenders to generate more leads, improve sales productivity and close more loans by intelligently automating and personalizing the homebuyer journey.
Informative Research Adds Mortgage Finance Expert Kurt Raymond, CMB as Senior Vice President
GARDEN GROVE, Calif., April 23, 2024 (SEND2PRESS NEWSWIRE) -- Informative Research, a leading technology platform that delivers data-driven solutions to the lending community, announced it has expanded its team to add mortgage industry veteran Kurt Raymond, CMB as Senior Vice President and Borrower Journey Engineer. The move reflects Informative Research's commitment to helping lenders streamline origination costs and enhance the borrower experience.
FormFree upgrades Passport Wallet with simpler UI, VantageScore integration and streamlined asset validation
ATHENS, Ga., April 18, 2024 (SEND2PRESS NEWSWIRE) -- FormFree®, a leader in financial technology since 2007, today announced significant enhancements to Passport Wallet®, an innovative app that transforms how everyday people access loans. Available now in the Apple App Store and Google Play, the latest version of Passport Wallet is designed to make it easier than ever for consumers to understand their ability to pay and match with lenders.
Patelco Credit Union selects the Empower LOS to streamline and bolster home loan and home-equity origination
JACKSONVILLE, Fla., April 18, 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 the implementation of the Empower® loan origination system (LOS) by Patelco Credit Union (Patelco), a Bay Area-based credit union dedicated to the financial wellness of its team, members and communities.
LenderLogix Q1 2024 Homebuyer Intelligence Report Data Shows Increase in Home Buying Activity and Fees Collected by Fee Chaser
BUFFALO, N.Y., April 16, 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 the latest release of the Homebuyer Intelligence Report, a quarterly summary of insights into borrower behavior during the home buying process based on data collected by the LenderLogix suite of tools. The latest report covers data collected during the pre-approval and borrower application process during the first quarter (Q1) of 2024.
Click n’ Close Expands DPA Mortgage Product Suite to Include Option for Shared Appreciation
ADDISON, Texas, April 16, 2024 (SEND2PRESS NEWSWIRE) -- Click n' Close, a multi-state mortgage lender serving consumers and mortgage originators through its wholesale and correspondent channels, announced it has expanded its suite of down payment assistance (DPA) loan products to include a shared appreciation option to help address the affordability challenges facing homebuyers.
Mortgage Subservicer Dovenmuehle Hires Aaron Belovsky as Chief Data Officer
LAKE ZURICH, Ill., April 16, 2024 (SEND2PRESS NEWSWIRE) -- Dovenmuehle Mortgage, Inc. (Dovenmuehle), a leading residential mortgage subservicer, announced today that it has hired Aaron Belovsky as Chief Data Officer (CDO). In this role, Belovsky will lead data governance, data engineering and machine learning strategies.
Secured Signing for Bullhorn now uses AI to automatically send documents for signatures!
MOUNTAIN VIEW, Calif., April 10, 2024 (SEND2PRESS NEWSWIRE) -- Secured Signing, a pioneer in digital signatures and remote online notarization solutions, is thrilled to announce the release of a revolutionary new feature designed exclusively for Bullhorn users. Secured Signing integrates with Bullhorn and provides a one stop Digital Signature solution that delivers a full range of form completion and eSigning capabilities.
Optimal Blue Announces Promotion of Rick Allen to Chief Operating Officer
PLANO, Texas, April 9, 2024 (SEND2PRESS NEWSWIRE) -- Optimal Blue today announced that it has elevated Rick Allen to chief operating officer (COO). Most recently serving as Optimal Blue's chief administrative officer, Allen brings more than 35 years of experience in the housing industry to his senior leadership role. Throughout his tenure at Optimal Blue, Allen has played an integral role in the enhancement and delivery of products to add exceptional value to the company's clients.
ACES Q3 2023 Mortgage QC Trends Report Finds Critical Defect Rate Declines for Fourth Consecutive Quarter
DENVER, Colo., April 4, 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 third quarter (Q3) of 2023. The latest report analyzes post-closing quality control data derived from ACES Quality Management & Control® software.
Informative Research Announces Manual VOI Integration with Veri-Tax to Improve Mortgage Verification Services
GARDEN GROVE, Calif., April 2, 2024 (SEND2PRESS NEWSWIRE) -- Informative Research, a leading technology platform that delivers data-driven solutions to the lending community, announced the integration of Veri-Tax, the market leader in delivering the industry's fastest verifications, into its proprietary Verification Platform. The integration merges Informative Research's platform with Veri-Tax's verification services so lenders can access advanced validation tools that elevate the accuracy and reliability of borrower information.
Moody’s Investors Service affirms Dovenmuehle’s overall rating as an ‘above average’ residential mortgage loan servicer
LAKE ZURICH, Ill., March 27, 2024 (SEND2PRESS NEWSWIRE) -- Dovenmuehle Mortgage, Inc. (Dovenmuehle), a leading residential mortgage subservicer, announced today that Moody's Investors Service ("Moody's") has affirmed its servicer quality (SQ) assessment as a servicer of prime residential mortgage loans at SQ2-. Moody's assessment underscores Dovenmuehle's exceptional capabilities across various key areas of mortgage servicing.
PROGRESS in Lending recognizes Argyle as a leader in mortgage industry innovation
NEW YORK CITY, N.Y., March 25, 2024 (SEND2PRESS NEWSWIRE) -- Argyle, a platform providing automated income and employment verifications for some of the largest lenders in the United States, is a 2024 recipient of the PROGRESS in Lending Association's 2024 Innovations Award honoring the most innovative companies in the U.S. mortgage industry. Argyle was recognized for its revolutionary approach to verification of income and employment (VOIE) that delivers meaningful cost savings for lenders and a superior experience for customers.
SmartBuy DPA Now Available to The Mortgage Collaborative’s Lender Members
ADDISON, Texas, March 21, 2024 (SEND2PRESS NEWSWIRE) -- Click n' Close, a multi-state mortgage lender, today announced its Preferred Partner status with The Mortgage Collaborative (TMC), a leader in mortgage cooperatives dedicated to providing its members with cutting-edge technology and expert mortgage banking resources.
Argyle welcomes former FHFA Chief Fintech Officer Jason Cave to board of advisors
NEW YORK CITY, N.Y., March 20, 2024 (SEND2PRESS NEWSWIRE) -- Argyle, a platform providing automated income and employment verifications for some of the largest lenders in the United States, today announced the addition of Jason Cave, former chief fintech officer and deputy director of the Federal Housing Finance Agency's Division of Conservatorship Oversight and Readiness, to its board of advisors.
Mortgage Industry Veteran Sara Holtz Joins Optimal Blue as Chief Marketing Officer
PLANO, Texas, March 15, 2024 (SEND2PRESS NEWSWIRE) -- Optimal Blue announced today that it has appointed Sara Holtz as chief marketing officer. As a seasoned marketing and communications leader, Holtz brings more than 20 years of career experience, including a decade of driving change in the mortgage industry. As chief marketing officer, Holtz will drive unified marketing and communications strategies to advance Optimal Blue's business priorities and further extend the company's influence.
Argyle brings the mortgage industry’s highest-converting VOIE platform to The Mortgage Collaborative
NEW YORK CITY, N.Y., March 14, 2024 (SEND2PRESS NEWSWIRE) -- Argyle, a platform providing automated income and employment verifications for some of the largest lenders in the United States, has joined The Mortgage Collaborative (TMC), the nation's largest independent cooperative network serving the mortgage industry, as a preferred partner. As a member of TMC's Preferred Partner Network, Argyle will provide the cooperative's lender members discounted access to its exemplary customer service and award-winning income and employment verification (VOIE) services, which outperform legacy verification services for a fraction of their cost.
Click n’ Close Announces One-Time Close Program to Address Home Buyer Challenges in Rural America
ADDISON, Texas, March 14, 2024 (SEND2PRESS NEWSWIRE) -- Click n' Close, a multi-state mortgage lender serving consumers and mortgage originators through its wholesale and correspondent channels, announced its latest mortgage product, One-Time Close (OTC) loan programs for government-insured mortgage products. This product is designed to aid homebuyers in rural America with down payment assistance, with availability in select markets.
Spring Buying Season Kicks Off With an Uptick in Purchase Applications Despite Climbing Interest Rates
PLANO, Texas, March 11, 2024 (SEND2PRESS NEWSWIRE) -- Today, Optimal Blue released its February 2024 Originations Market Monitor report, which reveals that the spring homebuying season has kicked off with a jump in monthly purchase mortgage locks. The seasonal spike in purchase locks propelled a net increase in origination activity, even as higher interest rates led to steep declines in mortgage refinances.


















