Leader Charged with Driving Growth and Profitability Across Capital Markets Activities

CHARLOTTE, N.C. — August 24, 2021 — Mack Walker has been promoted to Senior Vice President, Director of Capital Markets at Deephaven, a leading non-QM lender.

He joined the company six years ago and was previously Vice President, Capital Markets.

In his new position, he is charged with driving the growth and profitability of all Deephaven sourcing channels, including product development and the delivery of non-QM assets into the secondary market. 

He is also a key voice in marketing, business development and other company-wide initiatives.

“This promotion recognizes Mack’s talent as a capital markets strategist, as well as his energy and impact. He has been important to Deephaven’s evolution since he joined us six years ago,” said John Keratsis, President and Chief Executive Officer.

“I am excited to be joining the senior team of a true thought leader in the non-agency space,” said Mr. Walker. “There is a sense at Deephaven that the non-QM market, and broader non-agency market as a whole, are poised for a transformation, and it’s gratifying to influence the changes ahead.”

The new Deephaven Senior Vice President holds a B.A. in Finance from Wofford College.

About Deephaven

Deephaven is a full service, multi-channel, long-term credit provider in the non-QM space, providing access to financing to millions of underserved customers throughout the U.S. Deephaven was founded in 2012 and led the rebuilding of the non-government mortgage market. Please visit www.deephavenmortgage.com for additional information.

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SAN FRANCISCO, Calif., Aug. 25, 2021 – Nomis Solutions (Nomis), a global, industry-leading pricing and profitability management solutions provider, recently introduced several product enhancements to its mortgage technology solution, further enhancing the market intelligence and actionable pricing capabilities available to its mortgage lending clients. Updated data frequency and enhanced coverage further expand users’ view into the granular pricing intel needed to compete more effectively in local markets, and brand-new Margin Setter functionality enables users to better maintain a strategic and competitive market position, despite a constantly shifting landscape.

The newly released, intuitive Margin Setter dashboard enables mortgage lenders to maintain the most strategic market position month-over-month. Utilizing the more than 35 million data pricing points Nomis collects daily, Margin Setter provides users with a visual reference of where and how to adjust margins for their conforming loan products based on their unique performance and benchmarking goals. These actionable recommendations can be easily applied as loan amount and state margin adjustments within the margin management tools of a user’s product and pricing engine (PPE) to ensure they maintain their desired position across all markets.

Nomis also made adjustments to the frequency with which its solution updates daily rate data to more closely align the refresh rate with dynamic market changes. In addition to this enhanced alignment, users now have access to data for another 30 new metropolitan statistical areas (MSAs), thus delivering even more granular pricing intel to enable them to compete more effectively on a local market level.

“Our goal is to provide mortgage lenders with actionable and value-backed insights from day one of their integration with us so that they can make smarter, more profitable pricing decisions,” explained Prashant Balepur, senior vice president of product at Nomis Solutions. “With the addition of Margin Setter and the adjustments to our data refresh frequency, our users can now extract even more rate and pricing intelligence, enabling them to further refine their pricing strategies based on local market conditions to achieve their optimal market position goals.”

Nomis’ sophisticated mortgage technology solution provides real-time pricing analytics and competitive intelligence, enabling leading mortgage lenders to identify and quickly act on market opportunities, strengthen customer relationships, optimize internal operations and maximize profitability. With Nomis, mortgage lenders save time and resources, experience an increase in lead-to-application conversion rates, and can more accurately identify and react to profitable opportunities.

About Nomis Solutions

Nomis Solutions is a global, industry-leading pricing and profitability management solutions provider that delivers competitive intelligence to bankers and mortgage lenders to facilitate more advanced pricing strategies. The company’s analytics platform and end-to-end pricing tools enable retail banks and mortgage lenders to achieve customer- and borrower-centric pricing backed by real-time, actionable data. The platform also supports banks and mortgage lenders in their understanding and anticipation of the evolving demands of customers and borrowers, competitors, and ever-changing market conditions. For more information, please visit www.nomissolutions.com.

Growth fueled by dramatic increase in adoption of company’s digital mortgage solutions

TORRANCE, Calif., Aug. 26, 2021—DocMagic, Inc., the premier provider of fully compliant loan document preparation, automated regulatory compliance, and comprehensive eMortgage services, announced that it has been named to the 2021 Inc. 5000 list, the most prestigious ranking of the fastest-growing private companies in the country. 

The Inc. 5000 ranks companies by overall revenue growth over a three-year period. Over the past three years, DocMagic achieved a growth rate of 67 percent, due in large part to dramatic increases in adoption of the company’s award-winning Total eClose™ solution among mortgage lenders.

In the last 18 months, as mortgage lenders faced unprecedented challenges brought on by the pandemic, they increasingly turned to DocMagic’s digital mortgage advisory services, remote implementation model, and strategic approach to automating new workflows. DocMagic’s extensive subject matter expertise combined with its single-source Total eClose platform has helped numerous lenders successfully meet the many demands of a rapidly changing, high volume market. 

“DocMagic has been a market leader for years, so lenders naturally turn to us first when they want to elevate their processes or need to adapt to new circumstances, and that’s exactly what’s happened since the start of the pandemic,” said Dominic Iannitti, president and CEO of DocMagic. “We’re proud of our market strength, which is demonstrated in our three-year growth rate.” 

An industry pioneer of eMortgage solutions and services, DocMagic launched the industry’s first end-to-end eClosing solution in 2014, which included complete automation of the process along with dynamic docs with embedded eSignature capability, data integrity, SMART Doc® eNote generation, continuous compliance, and eNotary technology — all from within its single-source platform. 

DocMagic has also been recognized for having the highest customer satisfaction levels and greatest adoption of its eClosing solution, as ranked by multiple independent third-party mortgage technology studies.  

“We’re honored to be named to the 2021 Inc. 5000 list among so many innovative and accomplished companies,” said Iannitti. “Early on, we invested heavily in R&D to engineer the right blend of digital mortgage and eClosing technologies. DocMagic’s ongoing growth reflects the diligent work and unwavering efforts of our entire company.”

“The 2021 Inc. 5000 list feels like one of the most important rosters of companies ever compiled,” says Scott Omelianuk, editor-in-chief of Inc. “Building one of the fastest-growing companies in America in any year is a remarkable achievement. Building one in the crisis we’ve lived through is just plain amazing. This kind of accomplishment comes with hard work, smart pivots, great leadership, and the help of a whole lot of people.”

The Inc. 5000 list represents a unique look at the most successful companies within the U.S. economy’s most dynamic segment, independent small businesses. Intuit, Dell, LinkedIn, Zillow, Zappos, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.

Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000. 

 Inc. Methodology

Companies on the 2021 Inc. 5000 are ranked according to percentage revenue growth from 2017 to 2020. To qualify, companies must have been founded and generating revenue by March 31, 2017. They must be U.S.-based, privately held, for-profit, and independent — not subsidiaries or divisions of other companies — as of December 31, 2020. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2017 is $100,000; the minimum for 2020 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to three decimal places. There was one tie on this year’s Inc. 5000.  Companies on the Inc. 5000 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/inc5000.

About Inc. Media

The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including web sites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Vision Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.

About DocMagic:

DocMagic, Inc. is the leading provider of fully compliant document generation, automated compliance, eSignature and comprehensive eMortgage solutions for the mortgage industry. Founded in 1987 and headquartered in Torrance, Calif., DocMagic, Inc. develops award-winning software, mobile apps, and web-based systems for the production and delivery of compliant loan document packages. The company’s solutions connect industry participants, promote collaboration, and ensure data integrity to execute precision-based digital lending transactions. DocMagic’s compliance experts and in-house legal staff consistently monitor legal and regulatory changes at both the federal and state levels to ensure accuracy. For more information on DocMagic, visit https://www.docmagic.com/.