Press Releases

Mortgage Capital Trading Inc. plans to launch of MSRlive!, a powerful web-based platform designed to effectively support lenders’ efforts to build, maintain and optimize their servicing portfolios. The solution will be officially released at the IMN’s first annual Residential Mortgage Servicing R...
Wipro Gallagher Solutions (WGS), a Wipro Limited company and a leading provider of loan origination software solutions, today announced the release of the latest update of NetOxygen Launchpad, a state-of-the-art consumer point-of-sale (POS) portal delivering true digital experience and enhanced c...
Powerful business intelligence and analytics tools combines sales and marketing data with LOS and other data sources to provide ROI insight on the entire mortgage loan lifecycle from lead to post-closing. SEAL BEACH, Calif. – OptifiNow announced today the unveiling of their Insights onDemand busi...
WASHINGTON, D.C. (January 17, 2019) — The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for December 2018 shows mortgage applications for new home purchases decreased 6.1 percent from a year ago. Compared to November 2018, applications decreased by 13 percent. This chan...
WEST PALM BEACH, Fla. – Oct. 23, 2019 – OpenClose®, an industry-leading multi-channel loan origination system (LOS) and digital mortgage fintech provider, announced that it added technology veteran Chris Olsen to help further expand its sales department. Chris holds the newly created position of ...
SAN DIEGO (February 9, 2020) — $163.2 billion of the $2.2 trillion (7 percent) of outstanding commercial and multifamily mortgages held by non-bank lenders and investors will mature in 2020, a 48 percent increase from the $110.5 billion that matured in 2019. That is according to the Mortgage Bank...
New functionality enables customized, comprehensive real-time searches of the Department of Defense database that accompanies robust reporting RANCHO SANTA MARGARITA, Calif., Feb. 20, 2019 — Quandis, Inc., a leading default management mortgage technology provider, announced that it incorporated f...
SAN DIEGO, Calif., – November 7, 2019 – Plaza Home Mortgage, Inc®., one of the nation’s leading wholesale and correspondent mortgage lenders, announced today a new proprietary Reverse Jumbo mortgage program that will offer refinance loan amounts of up to $4 million with no FHA mortgage insurance ...
Mortgage credit availability increased in October according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association which analyzes data from Ellie Mae’s AllRegs® Market Clarity® business information tool. The MCAI increased 2.5 percent to 186.7 in October....
Nationwide Title Clearing, Inc. (NTC), the leading post-closing servicesprovider for the nation’s largest financial institutions, investors and servicers, committed to several local and national non-profit organizations throughout 2019. For several years, NTC has been heavily involved with no...
WASHINGTON, D.C. (January 9, 2020) — Following what is expected to be a record year of lending in 2019, commercial and multifamily mortgage originators anticipate 2020 to be another strong year. That is according to the Mortgage Bankers Association’s (MBA) 2020 Commercial Real Estate...
PITTSBURGH, PA- (January 14, 2019) – ServiceMac, an innovative new entrant in the mortgage servicing and portfolio management market, has selected ServiceLink’s powerful EXOS Servicing platform as its consumer digital solution. EXOS Servicing, part of the EXOS Technologies suite of services, is a...
SAN DIEGO, Calif., Oct. 23, 2019 – Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm,announced that it has officially introduced a unique program called InvestorMatic™ in the lead up to the MBA Annual Convention & Expo in Austin, Tex...
SAN DIEGO (February 9, 2020) — The Mortgage Bankers Association (MBA) released its year-end ranking of commercial and multifamily mortgage servicers’ volumes (as of December 31, 2019) here today at the 2020 Commercial Real Estate Finance/Multifamily Housing Convention & Expo. At the top of th...
Oct. 10, 2018–OpenClose, an industry-leading multi-channel loan origination system LOS and mortgage fintech provider, announced the release of a Restful API suite designed to offer its customers an easier, more cost effective and secure standardized solution to enable rich and deep direct i...
Packaged, Closed-Loan Pricing Model Designed to Help Lenders Reduce Origination Costs Franklin, Tenn.,and Burlingame, Calif. – February 21, 2019 –ComplianceEase®, the nation’s leading provider of automated compliance solutions to the financial services industry, today announced that it has expand...
SAN DIEGO, Calif., November 7, 2019 – ClosingCorp, a leading provider of residential real estate closing cost data and technology for the mortgage and real estate services industries, today estimated that the residential mortgage industry has more than $7 billion in loan value and more than $60 m...
Mortgage Capital Trading Inc. is incorporating the company’s patent-pending geocoding technology into its Bid Auction Manager whole loan trading platform in order to shield borrower addresses from being shared with non-buying entities throughout the whole loan bidding process. “Concealing borrowe...
The Mortgage Bankers Association (MBA) and Fannie Mae’s Future Housing Leaders program today announced a new partnership to promote diversity and inclusion in the housing finance industry. The organizations will work together to increase awareness of career opportunities in housing and mor...
MBA Washington: On Friday, Consumer Financial Protection Bureau Director Kathy Kraninger sent a letter to Congress outlining the Bureau’s plan for a revised Qualified Mortgage Standard. The Bureau is currently in the middle of a rulemaking process to address the QM standard, as the “GSE Patch”...
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