Tag: DepthPR

NEW YORK, N.Y. /New York Netwire - National News/ -- Vertyx, a provider of intelligent mortgage servicing technology built for enhanced portfolio performance, today announced the completion of a milestone year marked by significant market expansion, increased platform adoption and continued innovation across compliance, security and community engagement.

LAKE ZURICH, Ill. /New York Netwire - National News/ -- Dovenmuehle Mortgage, Inc. (DMI), a leading mortgage subservicing company, announced today that it maintained a Tier 1 Rating from the U.S. Department of Housing and Urban Development (HUD) throughout 2025. This quarterly rating was awarded for Dovenmuehle's Federal Housing Administration (FHA) servicing performance under HUD's Tier Ranking System II (TRS II).

DENVER, Colo. /New York Netwire - National News/ -- ACES Quality Management® (ACES), the leading provider of enterprise quality management and control software for the financial services industry, announced that Sharon Reichhardt, executive vice president of operations, has been selected to speak at the Mortgage Bankers Association's (MBA) Servicing Solutions Conference, taking place Feb. 16-19, 2026, in Dallas.

JACKSONVILLE, Fla. /New York Netwire - National News/ -- Dark Matter Technologies (Dark Matter®), an innovative leader in mortgage technology, today announced continued client momentum that includes a multi-year renewal with Arbor Bank and a new client signing with Covey Financial, as well as tighter integration of its Elevate℠ Loan Servicing Solution (Elevate) and the Empower® loan origination system (LOS).

TROY, Mich. /New York Netwire - National News/ -- Class Valuation, a leading real estate appraisal management company (AMC), announced today that Chris Flynn has been appointed chief operating officer. Flynn joined Class Valuation in April 2025 as chief data officer and has since played a central role in advancing the company's strategic, operational and product initiatives.

DENVER, Colo. /New York Netwire - National News/ -- ACES Quality Management® (ACES), the leading provider of enterprise quality management and control software for the financial services industry, today announced its acquisition of Basecap Analytics, an established enterprise data quality platform trusted by leading financial institutions. The acquisition enhances ACES' ability to deliver end-to-end quality management by expanding its platform to include enterprise-wide data quality automation.

TROY, Mich. /New York Netwire - National News/ -- Class Valuation, a leading real estate appraisal management company (AMC), announced today that Tanya Wright has joined the company as Executive Vice President of Third-Party Origination (TPO) and Distributed Retail. Wright will serve on Class Valuation's Operations Leadership Team and oversee strategy, operations and client success for the company's broker and distributed retail channels.

LAKE ZURICH, Ill. /New York Netwire - National News/ -- Dovenmuehle Mortgage, Inc. (Dovenmuehle), a leading residential mortgage subservicer, announced today that Moody's Investors Service ("Moody's") has affirmed its servicer quality (SQ) assessment as a servicer of prime residential mortgage loans at SQ2-. Moody's assessment highlights Dovenmuehle's strong performance and disciplined execution across key areas of mortgage servicing.

AUSTIN, Texas /New York Netwire - National News/ -- FirstClose™, a leading fintech provider of data and workflow solutions for mortgage and home equity lenders nationwide, today announced 2025 results showing faster closings and measurable efficiency gains as lenders used its technology to meet rising home equity demand in a high-interest-rate environment. The company reduced closing timelines, expanded key integrations and strengthened its operating foundation to support scalable growth in 2026.

DENVER, Colo. /New York Netwire - National News/ -- ACES Quality Management® (ACES), the leading provider of enterprise quality management and control software for the financial services industry, continued to support its customers through a challenging mortgage market in 2025 by sustaining audit scale, advancing AI-driven quality control innovation and delivering trusted regulatory and defect trend insight.

PLANO, Texas /New York Netwire - National News/ -- Optimal Blue today released its December 2025 Market Advantage mortgage data report, showing that mortgage rate-lock activity ended the year on a firm footing, bucking typical holiday-driven seasonality. Total lock volume rose 2% month over month (MoM) from November and finished 30% higher year over year (YoY), driven primarily by rate-and-term refinances, which climbed 13% from November and more than 170% compared with December 2024.

SEATTLE, Wash. /New York Netwire - National News/ -- Friday Harbor, an AI-powered platform that helps loan officers assemble complete and compliant loan files in real time, today announced the integration of its AI Originator Assistant with Fannie Mae's Income Calculator. The new connection enables lenders to instantly calculate qualifying income for borrowers with self-employment or rental income and gain enforcement relief from representations and warranties on the income calculation for conventional loans.

CLEVELAND, Ohio /New York Netwire - National News/ -- Top mortgage industry webcast The Big Picture, broadcast live every Thursday at 3 p.m. ET, announced a January slate of guests offering timely perspectives on how to navigate the regulatory landscape ahead, scale mortgage production while developing the next generation of originators, execute with discipline in volatile markets and expand access to homeownership in new ways.

BUFFALO, N.Y. /New York Netwire - National News/ -- LenderLogix, a leading provider of mortgage point-of-sale and automation software for banks, credit unions, independent mortgage banks, and brokers, today announced LiteSpeed eSign, a fully native eSignature experience built into the LiteSpeed point of sale (POS) platform. Serving both sides of the mortgage process, LiteSpeed eSign enables lenders to tag and request documents for electronic signatures directly in Encompass without the need to switch platforms.

DENVER, Colo. /New York Netwire - National News/ -- ACES Quality Management#xae; (ACES), the leading provider of enterprise quality management and control software for the financial services industry, today announced the general availability of its latest innovation, ACES DATABRIDGE, which makes ACES customer data fully portable.

AUSTIN, Texas /New York Netwire - National News/ -- FirstClose™, a leading fintech provider of data and workflow solutions for mortgage and home equity lenders nationwide, announced today a new partnership with Stewart Lender Services, a division of Stewart Information Services Corporation (NYSE: STC), that enhances FirstClose's Order Management System (OMS) with expanded home equity fulfillment capabilities.

TROY, Mich. /New York Netwire - National News/ -- Class Valuation, a leading real estate appraisal management company (AMC), announced today that Daniel A. Busch has joined the company as its chief financial officer (CFO). Busch brings more than two decades of financial leadership experience to the role, including extensive work in private equity environments, business transformation and data-driven operational performance.

PLANO, Texas /New York Netwire - National News/ -- Optimal Blue today released its November 2025 Market Advantage mortgage data report, which found that total mortgage rate-lock activity declined with normal late fall seasonality, yet still marked the strongest November in four years. Total lock volume fell 25% month over month (MoM) from October but remained up 17% year over year (YoY), buoyed by historically strong refinance demand and mortgage rates holding near 6%.

PLANO, Texas /New York Netwire - National News/ -- Optimal Blue today announced the promotion of Lanny Rogers III, CPA, to chief financial officer (CFO) and Jeremy Moreno to chief revenue officer (CRO). Their combined experience and long track records of leadership position the company to advance its next stage of growth and client success with a dedicated financial strategy function and strengthened revenue oversight.

ATLANTA, Ga. /New York Netwire - National News/ -- Down Payment Resource (DPR), the housing industry's leading technology for connecting homebuyers with homebuyer assistance programs, today announced that Tim Higginson, partner solutions specialist, has been named to National Mortgage Professional Magazine's 40 Under 40 list for 2025.