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Tag: Computing
Reverse Mortgage Volumes Trend Up in Closed Loan Data, FHA Endorsements a Lagging Indicator, says ReverseVision’s Rob Katz
SAN DIEGO, Calif., Aug. 12, 2014 (SEND2PRESS NEWSWIRE) -- Contrary to what has been reported for the past six months, reverse mortgage originations have been trending up according to ReverseVision, the leading provider of reverse mortgage lending solutions. ReverseVision's RV Exchange (RVX) is the leading reverse loan origination system (RLOS) and lending system of record for the majority of reverse lenders.
IDS Passes SOC 2 Audit of Mortgage Doc Prep Services with No Exceptions
SALT LAKE CITY, Utah, Aug. 6, 2014 (SEND2PRESS NEWSWIRE) -- Mortgage document preparation vendor International Document Services, Inc. (IDS) announced it has passed its first Service Organization Control (SOC) 2SM audit with no exceptions. According to the American Institute of CPAs (AICPA), the organization that created the audit, SOC 2's purpose is to assess the 'controls at a service organization relevant to security, availability, processing integrity confidentiality, or privacy.'
ReverseVision Offers Free Online Course on HUD Mortgagee Letter Changes through RV University (RVU)
SAN DIEGO, Calif., July 23, 2014 (SEND2PRESS NEWSWIRE) -- ReverseVision, Inc., the leading provider of business solutions for the reverse mortgage industry is offering a free on-line class focused on changes announced by HUD in recent Mortgagee Letters 2014-07 and 2014-12 through its ReverseVision University (RVU).
OpenClose LOS Establishes Secondary Marketing Transparency and Control Across all Lending Channels
WEST PALM BEACH, Fla., July 11, 2014 (SEND2PRESS NEWSWIRE) -- OpenClose, an enterprise-class end-to-end loan origination system (LOS) provider, announced that lenders are successfully using the secondary marketing component of its LOS, LenderAssist(TM), to deliver greater insight and control for secondary marketing departments.
Southern New Hampshire University Selects Regent Education’s Financial Aid Management Solution, Regent 8
MANCHESTER, N.H., June 30, 2014 (SEND2PRESS NEWSWIRE) -- Southern New Hampshire University (SNHU) has selected Regent Education's financial aid management system -- Regent 8 -- to support financial aid processes for all their students and programs including their industry-leading online programs and their new and cutting edge Competency Based Education program known as College for America (CFA).
PrimeLending Signs with Global DMS, Implements eTrac Valuation Management Solution
LANSDALE, Pa., June 24, 2014 (SEND2PRESS NEWSWIRE) -- Global DMS, a leading provider of Web-based compliant valuation management software, announced that PrimeLending, a national residential mortgage lender, successfully implemented its eTrac(R) valuation platform to compliantly automate the lender's entire appraisal process.
FirstClose Announces Expanded Portfolio Review Service
AUSTIN, Texas, May 15, 2014 (SEND2PRESS NEWSWIRE) -- FirstClose, an Austin, Texas-based mortgage technology service provider, announced today the expansion of its Portfolio Review Service for current home values, liens and encumbrances. Lenders can now access a detailed asset valuation that meets compliance requirements, but also exceeds expectations with a summary of the featured properties' transactional histories.
MCT Trading, Inc. Officially Introduces MCTlive, a Browser-based Software Platform for Secondary Marketing Departments
SAN DIEGO, Calif., May 14, 2014 (SEND2PRESS NEWSWIRE) -- MCT Trading, Inc. (MCT), a recognized leader in mortgage pipeline hedging, loan sale execution, and risk management services, announced the formal launch of MCTlive(TM), a secondary marketing technology platform designed for capital markets trading and pipeline management. MCTlive provides lenders with a browser-based software solution, robust online tools and real-time analytics for secondary marketing departments.
Global DMS Integrates eTrac With CoreLogic Enterprise Lending Platform to Create More Seamless Appraisal Process
LANSDALE, Pa., April 1, 2014 (SEND2PRESS NEWSWIRE) -- Global DMS, a leading provider of Web-based compliant valuation management software, announced that its eTrac Enterprise platform has been integrated with the CoreLogic(R) ChannelMaster(R) Enterprise Lending Solution (ELS). The integration allows ChannelMaster users to compliantly order and process appraisals, attain real-time status updates, establish transparency and control, and return completed appraisal files directly from the ChannelMaster platform.
MCT Adds Four Business Development Positions to Continue Expansion
SAN DIEGO, Calif., March 25, 2014 (SEND2PRESS NEWSWIRE) -- MCT Trading, Inc. (MCT), a recognized leader in mortgage pipeline hedging and risk management services, announced that it added four newly created positions in order to provide unsurpassed service levels of sales support and guidance to lenders.
CoesterVMS Coming Soon to ReverseVision’s Integrated Technology
SAN DIEGO, Calif., March 19, 2014 (SEND2PRESS NEWSWIRE) -- ReverseVision, Inc. today announced an agreement to add CoesterVMS's appraisal services to RV Exchange - ReverseVision's Reverse Loan Origination System (RLOS) platform.
IDS, MortgageFlex Develop Blind Mortgage Doc Prep-LOS Integration
SALT LAKE CITY, Utah, March 19, 2014 (SEND2PRESS NEWSWIRE) -- Mortgage document preparation vendor International Document Services, Inc. (IDS) and MortgageFlex Systems, an established technology provider of mortgage loan software, announced the development of a joint 'lights out' interface between IDS's flagship mortgage document preparation system idsDoc and MortgageFlex's LoanQuest loan origination system (LOS).
360 Mortgage Group Enters Reverse Mortgage Lending with ReverseVision Loan Origination System (RLOS)
SAN DIEGO, Calif., March 11, 2014 (SEND2PRESS NEWSWIRE) -- ReverseVision, Inc. is pleased to announce that 360 Mortgage Group LLC (360 Mortgage Group), a privately-owned mortgage banker with a primary focus on third-party origination, has joined the growing ranks of reverse mortgage lenders and will be using ReverseVision's reverse loan origination system, RV Exchange.
Global DMS Named to HousingWire Magazine’s Inaugural HW TECH100 List
LANSDALE, Pa., March 6, 2014 (SEND2PRESS NEWSWIRE) -- Global DMS, the leading provider of Web-based compliant valuation management software, announced that HousingWire magazine designated the company to its new HW TECH100(TM) list. The list honors the 100 most innovative technology firms in the U.S. housing economy. Global DMS is one of only six companies to be recognized in the valuations category.
ReverseVision Adds Chief Technology Officer Jason Meches
SAN DIEGO, Calif., Feb. 26, 2014 (SEND2PRESS NEWSWIRE) -- ReverseVision, the leading software and technology provider for the reverse mortgage industry, has added Jason Meches as Chief Technology Officer (CTO). In this role, Meches will have responsibility for the development and operations of ReverseVision technology products.
IDS Mortgage Document Preparation System Now Fully Supports E-Signatures for FHA Documents
SALT LAKE CITY, Utah, Feb. 26, 2014 (SEND2PRESS NEWSWIRE) -- Mortgage document preparation vendor International Document Services, Inc. (IDS) announced its flagship doc prep system idsDoc is fully capable of supporting electronic signatures for Federal Housing Administration (FHA) documents. The FHA announced on Jan. 30 that it would accept e-signatures on documents associated with FHA-insured loans.
Forsythe Appraisals Successfully Utilizing Global DMS’ eTrac Platform for Appraisals
LANSDALE, Pa., Feb. 25, 2014 (SEND2PRESS NEWSWIRE) -- Global DMS, the leading provider of Web-based compliant valuation management software, announced that Forsythe Appraisals, LLC, the largest independent provider of residential real estate appraisals in the United States, is leveraging the eTrac Enterprise platform to manage appraisal ordering, tracking and review for all of its branch offices covering 40 major metropolitan areas across the country.
Galorath’s SEER for Manufacturing Integrated Into Dassault Systemes 3DEXPERIENCE Platform
LOS ANGELES, Calif., Feb. 25, 2014 (SEND2PRESS NEWSWIRE) -- Galorath, Inc. is excited to announce that it has reached an agreement with Dassault Systemes, to integrate SEER for Manufacturing with CATIA, the world's leading application for product design and innovation. For many companies, cost estimating is a very fragmented activity and the inclusion of SEER's Cost Estimator in CATIA will allow manufacturers to initially model and test composite manufacturing processes and tradeoffs during the earliest and most preliminary stages of design.
OpenClose Successfully Implements QM and ATR Rules, Clients Laud Automation
PALM BEACH, Fla., Feb. 14, 2014 (SEND2PRESS NEWSWIRE) -- OpenClose, an enterprise-class end-to-end loan origination system (LOS) provider, today announced that is has implemented the functionality necessary for lenders to adhere to the Consumer Financial Protection Bureau's (CFPB) new Qualified Mortgage (QM) and Ability-to-Replay (ATR) rules. The company's client base is successfully processing QM loans.
Brandman University Selects Regent Education’s Financial Aid Management Solution, Regent 8, as they transition to Competency Based Learning
IRVINE, Calif., Feb. 14, 2014 (SEND2PRESS NEWSWIRE) -- Brandman University has selected Regent Education's financial aid management solution to enable them to successfully transition to Competency Based Learning and support their innovative curriculum model. Regent 8 is the only financial aid management solution to offer complete support for all enrollment models including standard term, non-term, borrower-based and competency based learning.