LOS Trends

Intercontinental Exchange expanded its customer acquisition tools within the Encompass digital mortgage lending platform. ICE Customer Acquisition now offers powerful and interconnected marketing and sales experience within Encompass designed to help businesses successfully seize market opportunities and build customer loyalty.

Dark Matter Technologies (Dark Matter), has successfully completed its IT infrastructure migration to Amazon Web Services (AWS). This strategic move enhances Dark Matter’s ability to deliver superior performance, scalability and reliability to mortgage industry clients.

Mortgage Cadence, an Accenture (NYSE:ACN) company, has launched MCP Essentials, the latest version of its Mortgage Cadence Platform (MCP). This ready-to-use, pre-configured loan origination system (LOS) enables lenders to implement quickly to enable lending confidence.

Blue Sage is the first loan origination system (LOS) to fully integrate Fannie Mae’s Income Calculator. This API-enabled integration, directly initiated from the LOS, streamlines income calculation for borrowers with income from self-employment or business ownership, enabling faster, more accurate mortgage approvals for lenders. 

Mortgage Cadence, an Accenture (NYSE: ACN) company, published a new White Paper for lenders considering new technology investments entitled, “A Lender’s Guide to the Technology Investment Dilemma.” It explores the pros and cons of implementing new technologies before the next wave of business.

Dark Matter Technologies (Dark Matter®), announced the addition of the NOVA loan origination system (LOS) to its product lineup. Bringing the NOVA LOS under its banner alongside the Empower® LOS enables Dark Matter to offer two distinct LOS solutions and cater to a more diverse range of lender business models.

Integra Software Systems, a loan origination software (LOS), announces a highly successful two years in operation with Peoples Bank, a Clifton, TN Community Bank expanding throughout the southwest part of Middle Tennessee.  While many lenders, both large and small, have seen significant reduction in lending volume due to economic factors, in contrast, Peoples Bank has significantly increased their loan production by over 50% and attributes some of that growth to the partnership with Integra and the efficiencies of their LOS choice, Epic.

Chevron Federal Credit Union (Chevron FCU), a credit union based in Concord, California, has successfully implemented Blue Sage Solutions’ fully cloud-based Digital Lending Platform. This milestone enables Chevron Federal Credit Union and Spectrum Credit Union to streamline the home financing experience for its members while enhancing efficiency through its entire loan origination process. In addition to leveraging all components of the Blue Sage LOS platform, the credit union implemented Blue Sage’s LION Consumer POS, ensuring members can check rates, apply, and get approved for mortgages from any device.

Dark Matter Technologies has enhanced the Loan Assumptions feature in the Empower® loan origination system (LOS) that make it easier for mortgage lenders and servicers to transfer assumable mortgages to new homebuyers.

Dark Matter Technologies (Dark Matter) welcomed Truity Credit Union (Truity) as the latest financial institution to select the Empower® loan origination system. A member-owned credit union with locations in Oklahoma, Kansas and Texas, Truity will leverage the Empower LOS to provide loan officers and members a modern, mobile-friendly experience across home purchase, refi, home-equity and construction loan originations.