Alanna.ai, the creator of an AI-powered virtual assistant for title agents, has introduced Secure DocLink, a secure document delivery system that creates a temporary, convenient means to connect real estate agents, buyers and sellers to their title and closing documents without the need for a password or creation of a new account.
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Mortgage Cadence, a subsidiary of Accenture (NYSE: ACN), announced that Jeff Mattice has joined the company as Head of New Logo Sales.
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Corporate Settlement Solutions (CSS), a full-suite provider of commercial and residential real estate settlement solutions, announced an integration with GridBase, the universal Application Program Interface (API) for lender and title collaboration, to improve efficiencies within home equity lending.
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Planet Home Lending, a national mortgage lender, servicer, and asset manager, has hired Bill Shuler as Executive Vice President, Chief Information Officer. With more than 25 years in the financial services industry and decades of mortgage leadership, Shuler will drive Planet’s technological growth and enhance its operational efficiency.
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The Mortgage Bankers Association’s (MBA) monthly Loan Monitoring Survey revealed that the total number of loans now in forbearance remained unchanged at 0.22% as of April 30, 2024. According to MBA’s estimate, 110,000 homeowners are in forbearance plans. Mortgage servicers have provided forbearance to approximately 8.1 million borrowers since March 2020.
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HomeAdvantage—a subsidiary of Jason Mitchell Group Holding Partners—has acquired Real Estate Connection (REC)—a REALTOR® management company and brokerage. REC will now offer the HomeAdvantage product and nationwide MLS for lender accounts.
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STRATMOR Group, a mortgage advisory firm, has merged with Teraverde, an award-winning mortgage advisory and technology solutions provider. Both firms will operate under the STRATMOR brand in the near future.
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Optimal Blue launched its Optimize Your Advantage campaign in advance of the MBA Secondary and Capital Markets Conference. This brand initiative highlights the value and innovation the company delivers to clients. Through Optimal Blue’s position as the housing industry’s only end-to-end capital markets platform, lenders and other market participants have greater control of their profit margins, giving them distinct advantages, regardless of market conditions. In turn, they are better positioned to make housing finance accessible to more American borrowers.
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Dark Matter Technologies (Dark Matter) announced the appointment of Vikas Rao as deputy chief product officer. Reporting directly to Chief Product Officer Stephanie Durflinger, Rao is charged with overseeing enhancements to the Empower® loan origination system (LOS) and establishing Dark Matter’s developer community, which will help lenders embed automation deeper in their origination workflows and more tightly integrate their systems using open application programming interfaces (APIs) and widgets.
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LenderLogix, a provider of mortgage point-of-sale and automation software for banks, credit unions, independent mortgage banks, and brokers, announced OneTrust Home Loans as its newest Fee Chaser client. Using Fee Chaser, OneTrust Home Loans can streamline its operations and compliantly collect upfront fees from its borrowers.
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