Rate announced the launch of Rate Portfolio, a suite of flexible mortgage products that offer customized financing solutions for self-employed individuals, small-business owners, freelancers, property investors and other well-qualified borrowers whose financial profiles don’t align with conventional lending standards.
Carrington Mortgage Services recently partnered with Talk’uments, a provider of interactive multilingual loan technology for the mortgage industry. The digital language platform aims to bridge the communication gap between borrowers and lenders by displaying essential mortgage disclosures, documents and borrower communications in the customer’s language of choice. Current languages offered include Spanish, Chinese, Korean, Vietnamese and Tagalog, with more to follow.
Carrington also received the Excellence in Origination Innovation – Automation Award from ICE Mortgage Technology. ICE noted that by “returning to ICE Mortgage Technology’s mortgage lending platform, Carrington has successfully digitized the entire loan lifecycle — from application to closing — significantly reducing processing times and improving operational efficiency.”
Optimal Blue announced the broad availability of Originator Assistant as part of its product and pricing engine (PPE) platform, which aims to eliminate human bias in the loan structuring process by leveraging generative AI to help originators identify all options for a borrower. The tool automatically detects pricing breakpoints and suggests opportunities for more strategic loan discussions, incentives and alternative pricing paths for borrowers that might otherwise get overlooked.
Argyle, a provider of automated income and employment verifications to lenders, has announced that it is integrating with Tidalwave, an agentic AI point-of-sale system for the mortgage industry. The integration lets borrowers verify income and employment data within Tidalwave’s uniform residential loan application process, and loan officers can view verification status in real time.
AmeriHome Correspondent, a bank-owned correspondent mortgage investor, has partnered with Snapdocs to support eNote adoption across its network of banks, independent mortgage banks and credit unions. AmeriHome noted that it selected the Snapdocs’ eVault platform because of its advanced automation capabilities and dependability.
Maxwell announced the launch of QuickPricer, a tool that generates personalized loan options in minutes and integrates seamlessly with all leading pricing engines along with mortgage insurance providers, fee engines and credit reporting agencies to ensure instant access to accurate pricing and product data.
Loan origination software company Calyx announced the launch of PATH, a cloud-native loan origination system. PATH is a comprehensive end-to-end platform that includes a native point-of-sale system designed to accelerate closings by 30%. It also has an advanced underwriting system intended to achieve rapid loan eligibility decisions with direct integration into government-sponsored enterprise underwriting systems.
Digital mortgage technology provider Cloudvirga, a subsidiary of Stewart Information Services Corp., announced the launch of Tropos, a borrower portal designed to give lenders more control over how they engage borrowers digitally. The platform offers a modular, customizable framework that’s designed to fit lenders’ existing systems and workflows, including those outside the mortgage space.
Clear Capital, a real estate analytics, data solutions and valuation technology company, announced the launch of a new data solutions business called PropertyNova. The launch includes PropertyNova’s tax assessment data and recorder deed data service, a data-as-a-service (DaaS) solution that offers comprehensive property insights and is designed to integrate large-scale public records data into the systems of various industries, including the mortgage, real estate, finance and insurance sectors.
Xactus, a fintech company that provides verification solutions for the mortgage industry, announced that the Work Number Report Indicator from Equifax is now available through Xactus360, the industry’s first Intelligent Verification Platform. The service allows lenders to quickly see an indicator of the applicant’s employment status alongside an Equifax credit report.
Rocktop Technologies and One Diligence announced their jointly developed QCMaiven, which empowers buyers of mortgage servicing rights and whole loans to offer a price that accurately compensates the current servicers for their advances. The product also speeds up the invoice reconciliation processes from months into weeks or days.
Lender Ltd. announced that it has selected OptifiNow as its customer relationship management platform provider, noting that OptifiNow is a customer relationship management software that is purpose-built for wholesale lenders. The company also highlighted OptifiNow’s seamless integration with mortgage loan origination systems.
The retail mortgage lending company Tidewater Mortgage Services has expanded its partnership with LenderLogix by replacing its legacy point-of-sale (POS) technology with LenderLogix’s LiteSpeed POS solution to automate mortgage processes and provide borrowers with a digital-first experience.
SingleSource Property Solutions, a Pittsburgh-based provider of national mortgage services supporting the U.S. housing industry, is celebrating its 25th anniversary. The company grew from a startup to become one of the largest privately held vendor management companies in the country, and more than 25% of its staff have been with the company for over 10 years.
Williston Financial Group (WFG), a full-service provider of title insurance and real estate settlement services for commercial and residential transactions nationwide, is celebrating its 15th anniversary this year. The company is concurrently celebrating the 10th anniversary of its technology subsidiary, MyHome, which provides WFG clients real-time access to closing info.
