LenderLogix, a provider of mortgage point-of-sale (POS) and automation software for banks, credit unions, independent mortgage banks and brokers, announced that Peak Residential Lending (Peak) has adopted LenderLogix’s LiteSpeed™ integration with Argyle to deliver verification of assets (VOA) directly at the point of sale (POS). LiteSpeed is the first POS to offer VOA through Argyle’s verification platform.
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Atlas VMS, a valuation management company providing modern appraisal and technology solutions, has entered into a partnership with QuantumReverse to integrate the AIM-Port order management platform. The partnership will grant reverse mortgage lenders using QuantumReverse direct access to their approved appraisal management companies through the AIM-Port platform, including Atlas’s own AMC operation.
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Planet Financial Group, a multichannel financial services company, announced that Tim Fisher has joined Planet as Senior Vice President, Non-Agency Lending.
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MISMO, the real estate finance industry’s standards organization, released the Artificial Intelligence (AI) Glossary, a resource designed to establish a shared vocabulary for AI across mortgage finance.
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Notable, a provider of pay-at-close financing for home sale prep, it raised a $6 million Series A funding round led by W. R. Berkley Corporation, with participation from Second Century Ventures. As part of the investment, Clare Tokheim of W. R. Berkley Corporation will join Notable’s Board of Directors.
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FirstClose, Inc., a fintech provider of data and workflow solutions for mortgage and home equity lenders nationwide, launched a certified integration with Optimal Blue that connects FirstClose’s point-of-sale (POS) platform to Optimal Blue’s product, pricing and eligibility (PPE) engine. The integration builds on FirstClose’s ability to reduce home equity closing times from 45 days to 10 or fewer, while also giving lenders access to Optimal Blue’s trusted pricing and eligibility data.
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Covered Insurance, an embedded insurance platform, has appointed Jerry Halbrook as President and Chief Operating Officer.
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Credit conditions are expected to soften over the next six months as the labor market weakens and inflation persists, according to the American Bankers Association’s latest Credit Conditions Index.
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Certainty Home Lending, a Rate Company, has named origination veteran Brain Kempf as Senior Vice President, Producing Area Manager.
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