Truv has launched a strategic integration with Dark Matter Technologies’ leading loan origination platform, Empower, and its Exchange service network. Dark Matter Technologies connects over 17,000 service providers with top mortgage lenders and servicers to streamline communication, collaboration, and processing in a secure and compliant manner.
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Ardley Technologies, Inc., a provider of mortgage technology solutions that streamline loan origination and enhance loan closing rates, has launched Autopilot, a white-labeled automatic underwriting engine that enables lenders to create instant, conditional loan approvals for qualified borrowers.
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LoanLogics, a provider of loan quality technology for mortgage manufacturing and loan acquisition, and BaseCap Analytics, a provider of automated data validation technology, have formed a strategic partnership aimed at transforming data transparency and accuracy throughout the mortgage industry.
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ATTOM released its fourth-quarter 2023 report analyzing qualified low-income Opportunity Zones targeted by Congress for economic redevelopment in the Tax Cuts and Jobs Act of 2017. In this report, ATTOM looked at 3,667 zones around the United States with sufficient data to analyze, meaning they had at least five home sales in the fourth quarter of 2023. Here’s what it found:
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The Mortgage Bankers Association (MBA) announced that Pinnacle Financial Partners (PFP) and Walker & Dunlop have been recognized as 2024 Diversity, Equity, and Inclusion (DEI) Commercial/Multifamily Leadership Award recipients. The annual awards recognize MBA members for their leadership efforts in DEI in two award categories: Organizational DEI and Market & Community Outreach Strategies.
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PROGRESS in Lending is going further to add value to the mortgage market. Let’s face it, as interest rates fall, your company needs to jump on this opportunity. How? Find out here …
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“The new year kicked off with continued rate relief and a 36% month-over-month gain in total lock volume, driven by a seasonal 38% increase in purchase lock volume,” said Brennan O’Connell, director of data solutions, Optimal Blue. “We also saw the smallest year-over-year decline in purchase lock counts since May 2022, which may foreshadow a stabilizing market and friendlier lending environment in 2024.”
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ORNL Federal Credit Union (ORNL FCU) recently announced the appointment of Wendy Ward as General Counsel & Chief Risk Officer (GR/CRO). The position is new to the $3.65 billion dollar organization.
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Mortgage credit availability increased in January according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from ICE Mortgage Technology.
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Alanna.ai, the creator of a conversational AI-powered virtual assistant for title agents, has now been the platform for over 10 million messages between title agencies, clients and partners since 2020.
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