n a disrupted market, mortgage professionals are increasingly interested in leveraging data to help make strategic decisions about their business. Modex’s integration with OptifiNow enables wholesale lenders and recruiters to see loan officer production data, including volume and type, in a single click. Identifying and targeting loan officers has never been easier.
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Argyle, a platform providing automated income and employment verifications for some of the largest lenders in the United States, closed a banner year of mortgage growth with 50 new IMB, credit union and bank customers. The payroll connectivity leader more than doubled the annual volume of income and employment verifications conducted on behalf of its customers to 1.5 million with the help of 15 of the top 100 mortgage lenders.
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InspectHOA, a provider of HOA documents acquisition and modernized settlement processes for the real estate industry, has partnered with GridBase, the universal API for mortgage lender and title agent collaboration to make its HOA-focused technology and services available to Resware users.
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LenderLogix, a provider of mortgage point-of-sale and automation software for banks, credit unions, independent mortgage banks and brokers, today announced that Legacy Mutual Mortgage has selected its pre-approval letter generation tool QuickQual to provide borrowers with a white-labeled, digitally-driven entry point into their homebuying experience.
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Snapdocs, a digital closing provider, announced that New American Funding (NAF) has selected its eClosing platform to accelerate digital closing adoption and deliver a streamlined experience to borrowers and the loan officers who serve them.
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The Mortgage Bankers Association’s (MBA) monthly Loan Monitoring Survey revealed that the total number of loans now in forbearance decreased by 3 basis points from 0.29% of servicers’ portfolio volume in the prior month to 0.26% as of November 30, 2023.
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Blue Sage Solutions, LLC, a provider of cloud-based lending technology, announced Dee Khullar has joined the company as Head of Marketing. Khullar’s appointment underscores Blue Sage’s commitment to investing in growth and strengthening its position as the preeminent digital technology provider for mortgage lenders, banks, credit unions and servicers.
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The level of commercial/multifamily mortgage debt outstanding increased by $37.1 billion (0.8 percent) in the third quarter of 2023, according to the Mortgage Bankers Association’s (MBA) latest Commercial/Multifamily Mortgage Debt Outstanding quarterly report.
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Private money lender CV3 Financial Services, LLC has appointed Robert Callaway as Chief Financial Officer and Ken Jacobson as Senior Vice President, Capital Markets. On the heels of the company’s recent launch, this strategic move reflects the company’s commitment to bolster its financial leadership in the industry and drive sustainable growth.
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Cloudvirga, a provider of digital mortgage point-of-sale platforms, has expanded its strategic integration with Fannie Mae’s Desktop Underwriter (DU) solution to include the newly announced early assessment enhancement.
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