Mortgage origination

Avanze and Valligent Enter Strategic Partnership to Offer Appraisal Underwriting as a Service

Retrieved on:

Tuesday, May 25, 2021

Loans, Money, Finance, Mortgage industry of the United States, Mortgage, Actuarial science, Underwriting, Mortgage loan, Economy, Mortgage origination

ORLANDO, Fla., May 25, 2021 /PRNewswire/ -- Avanze Tech Labs , a leading digital mortgage technology provider, today announced a strategic alliance with Valligent Technologies, a leader in appraisal and auditing solutions, to offer Appraisal Underwriting as a Service (AUaaS) and expedite loan review for mortgage lenders.

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ORLANDO, Fla., May 25, 2021 /PRNewswire/ -- Avanze Tech Labs , a leading digital mortgage technology provider, today announced a strategic alliance with Valligent Technologies, a leader in appraisal and auditing solutions, to offer Appraisal Underwriting as a Service (AUaaS) and expedite loan review for mortgage lenders.
"Even as the origination volume reduces, there are still loan modifications for appraisal reviews or alternative appraisal products that require this specific expertise."
"This proven appraisal underwriting service is notably timely with the current high cost and shortage of experienced underwriters, especially those with expertise in complex-high risk appraisal review," said Jeremy McCarty, CEO of Valligent Technologies.
Appraisal underwriting is a critical step in the loan underwriting process, and leveraging Avanze and Valligent teams' expertise to carve out this step improves process efficacy, drives the cost of production and speeds up the underwriting decisioning process.

Amerant Mortgage, LLC, a Subsidiary of Amerant Bank, N.A., to Implement Black Knight's Trusted Empower Loan Origination System and Suite of Origination Solutions for More Efficient Mortgage Operations

Retrieved on:

Tuesday, April 27, 2021

Loans, Money, Finance, Mortgage industry of the United States, Economy, Mortgage origination, Loan origination, Mortgage loan, Black Knight

"Leveraging Black Knight\'s one-of-a-kind loan origination system and its suite of origination solutions will support our growing business and help deliver exceptional service to our customers at all stages of the mortgage origination process.

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"Leveraging Black Knight\'s one-of-a-kind loan origination system and its suite of origination solutions will support our growing business and help deliver exceptional service to our customers at all stages of the mortgage origination process.
"\nAmerant Mortgage will use the Empower LOS to electronically process loans for its retail and correspondent channels on a single platform.
"Black Knight is committed to investing in our technology and expanding our capabilities to offer our clients the most innovative solutions on the market.
(the "Bank"), Amerant Investments, Inc.,Elant Bank and Trust Ltd., and Amerant Mortgage, LLC.

FirstClose Acquires HomeScout (Home Buyers Marketing 1, Inc.)

Retrieved on:

Tuesday, April 20, 2021

Loans, Money, Mortgage industry of the United States, Finance, Mortgage loan, Financial services, Mortgage origination, UK mortgage terminology

"FirstClose\'s powerful settlement services, extensive property data collection, and expertise, combined with Home Scout\'s engagement solutions, will transform the customer experience throughout the real estate transaction.

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"FirstClose\'s powerful settlement services, extensive property data collection, and expertise, combined with Home Scout\'s engagement solutions, will transform the customer experience throughout the real estate transaction.
"\nHomeScout will be led by industry veteran and real estate engagement expert David Camp.David has been named President of HomeScout, LLC.He brings extensive expertise in creating and delivering customer experiences unmatched in the real estate and mortgage industries.He is the former CEO of Reflect Resources, a media company focused on providing marketing, sales, and lead generation services.
FirstClose ONE technology platform leverages property data, borrower-provided data, and industry-leading partners to simplify vendor management by consolidating vendors within ONE platform.
FirstClose enables residential lenders to compete for and close mortgage and consumer loans, unlike any other industry solution.

Freddie Mac Enhances the Digital Mortgage Experience

Retrieved on:

Thursday, March 18, 2021

Mortgage industry of the United States, Loans, Finance, Money, Mortgage, Economy, Mortgage loan, Mortgage origination, United States housing bubble, Mortgage broker, Second mortgage

This is another win for borrowers and lenders as we continue our industry-leading advancements toward a true digital mortgage experience, said Andy Higginbotham, Single-Family Chief Operating Officer at Freddie Mac.

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This is another win for borrowers and lenders as we continue our industry-leading advancements toward a true digital mortgage experience, said Andy Higginbotham, Single-Family Chief Operating Officer at Freddie Mac.
Broad adoption of these digital solutions through LPA is helping our clients grow their business and provide todays borrowers with a vastly improved mortgage experience whether theyre refinancing their current mortgage or buying a new home.
Freddie Mac's commitment to simplifying the mortgage experience, while providing best-in-class technology to enable its clients decisioning, is significantly driving the adoption of a fully digital mortgage, said Lisa Kimball, SVP Product and Strategic Programs at Finicity.
To learn more about Freddie Mac Loan Product Advisor, and how it can aid a lenders mortgage origination experience, visit http://www.freddiemac.com/loanadvisorsuite/loanproductadvisor/
Freddie Mac makes home possible for millions of families and individuals by providing mortgage capital to lenders.

Borrowers Cash in on Refinances as Rates Begin to Rise, ICE Mortgage Technology Origination Insight Report Shows

Retrieved on:

Thursday, March 18, 2021

Homeowners continue to take steps to refinance while rates remain low, said Joe Tyrrell, president of ICE Mortgage Technology.

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Homeowners continue to take steps to refinance while rates remain low, said Joe Tyrrell, president of ICE Mortgage Technology.
The Origination Insight Report leverages data from a robust sampling of approximately 80 percent of all mortgage applications that were initiated on the Encompass Lending Platform.
ICE Mortgage Technology believes the Origination Insight Report is a strong proxy of the underwriting standards employed by lenders across the country.
In addition to the Origination Insight Report, ICE Mortgage Technology also distributes data from its monthly Millennial Tracker on the first Wednesday of each month.

PrimeLending Named Best-In-Class for Online Tools and Application Process

Retrieved on:

Tuesday, March 2, 2021

Residential Building & Real Estate, Construction & Property, Professional services, Finance, Loans, Money, Finance, Mortgage industry of the United States, Economy, Mortgage loan, Mortgage broker, Mortgage origination

PrimeLending , a national home lender, has once again earned elite MortgageSAT Best-in-Class Lender Awards in the categories of Best Online Tools and Best Application Process for 2020.

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PrimeLending , a national home lender, has once again earned elite MortgageSAT Best-in-Class Lender Awards in the categories of Best Online Tools and Best Application Process for 2020.
PrimeLendings acclaimed digital mortgage experience is known as Loanplicity offers a simple, streamlined and stress-free digital mortgage process.
Loanplicity is where home loans and simplicity unite, allowing borrowers to apply online, prequalify for a mortgage, safely upload personal financial documents, track loan progress, pay fees and ask questions at any point in the process.
This award is particularly gratifying because it validates that our digital mortgage tools and application process are facilitating a positive borrower experience, said Steve Thompson, President and CEO of PrimeLending.

Knock Taps Industry Veteran Laura Gray As Head of Lending

Retrieved on:

Monday, February 22, 2021

Loans, Finance, Mortgage loan, Mortgage origination, Financial services

NEW YORK, Feb. 22, 2021 /PRNewswire/ -- Knock , the real estate technology company on a mission to empower people to move freely, announced today that it has hired mortgage and home loan industry veteran Laura Gray as Head of Lending.

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NEW YORK, Feb. 22, 2021 /PRNewswire/ -- Knock , the real estate technology company on a mission to empower people to move freely, announced today that it has hired mortgage and home loan industry veteran Laura Gray as Head of Lending.
In this role, Gray will lead the day-to-day operations of Knock's innovative lending operation that powers the Knock Home Swap, a revolutionary way for homeowners to buy their new home before they sell.
Gray brings more than 30 years of experience across all facets of mortgage origination and lending.
Reporting to Knock Co-Founder & CEO Sean Black, Gray brings more than 30 years of experience across all facets of the mortgage origination and lending process.

LodeStar Software Solutions Integrates with Mortgage Coach's Platform to Streamline Mortgage Production and Closing Process

Retrieved on:

Thursday, February 11, 2021

Loans, Money, Finance, 93rd United States Congress, Real Estate Settlement Procedures Act, Mortgage loan, Mortgage, Economy, Mortgage origination, Mortgage broker

Now, loan originators can easily access the LodeStar Loan Estimator, a TRID (TILA-RESPA Integrated Disclosure Rule) compliant API, to import closing costs into Mortgage Coach's TCA presentations.

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Now, loan originators can easily access the LodeStar Loan Estimator, a TRID (TILA-RESPA Integrated Disclosure Rule) compliant API, to import closing costs into Mortgage Coach's TCA presentations.
"A service that delivers closing cost fees driven by accuracy is crucial to our business," said Paige Hagerhost, SVP, Technology & Business Analyst at McLean Mortgage Corporation.
Joe Puthur, President of Mortgage Coach, adds, "Mortgage Coach TCAs with LodeStar data helps lenders of any size streamline a crucial step in the origination process by delivering accurate, transparent, cost estimates to borrowers long before closing."
The LodeStar and Mortgage Coach integration is now available to any lender with access to Mortgage Coach Enterprise Edition and LodeStar Loan Estimator.

Cloudstar to Provide Mortgage & FinTech Consulting

Retrieved on:

Thursday, February 11, 2021

Loans, Finance, Mortgage industry of the United States, Mortgage origination, Mortgage loan, Financial services

JACKSONVILLE, Fla., Feb. 10, 2021 /PRNewswire-PRWeb/ -- Cloudstar is pleased to announce the launch of a new mortgage and fintech consulting department.

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JACKSONVILLE, Fla., Feb. 10, 2021 /PRNewswire-PRWeb/ -- Cloudstar is pleased to announce the launch of a new mortgage and fintech consulting department.
The department is bridging the gap between mortgage operations and technology delivering both management consulting and technology services to all aspects of the mortgage industry.
And because of our already large industry presence in banking and land title, we are uniquely positioned to provide additional insight and value."
Cloudstar is an emerging leader in financial services technology, with a focus on mortgage origination, title insurance, real estate, consumer banking, law, risk & compliance, consulting and outsourcing solutions.

Sagent Adds Former Fannie Mae Exec Marianne Sullivan and Digital Risk Co-Founder Jeffrey Taylor to Board of Directors

Retrieved on:

Tuesday, January 5, 2021

Software, Construction & Property, Finance, Banking, Data management, Professional services, Technology, Other Construction & Property, Loans, Mortgage industry of the United States, Finance, Money, Financial services, Sagent Advisors, Mortgage loan, Fannie Mae, Mortgage origination, Loan servicing

Sagent , a fintech company modernizing mortgage and consumer loan servicing for Americas top banks and lenders, today appointed industry stalwarts Marianne Sullivan and Jeffrey Taylor to its Board of Directors.

Key Points:

Sagent , a fintech company modernizing mortgage and consumer loan servicing for Americas top banks and lenders, today appointed industry stalwarts Marianne Sullivan and Jeffrey Taylor to its Board of Directors.
As a senior executive at Fannie Mae, she ran industry-wide initiatives that ushered in the digital mortgage origination era.
Sagent has both the scale SaaS platforms and consumer-first approach required to keep servicers modern, compliant, and profitable, Sullivan said.
Taylor, co-founder of Americas largest residential mortgage managed services firm Mphasis Digital Risk, brings strong bank, lender, GSE, and regulator partnerships to help Sagent drive this vision.