Tag : Mortgage

TRUE Announces General Availability of its Latest Enterprise-Class Lending AI Capabilities
Artificial Intelligence Lending News

TRUE Announces General Availability of its Latest Enterprise-Class Lending AI Capabilities

Business Wire
by Business Wire094
TRUE Data Intelligence 5.1 sets the mortgage industry standard for intelligent document processing and delivers significant workflow velocity improvements to the mortgage lending market TRUE, the leader in lending intelligence, announced the general availability of TRUE Data Intelligence 5.1. This new release dramatically decreases the time, cost, and human touch......
Candor Technology Enhances Pre-Close Underwriting Efficiency and Helps Lenders and Investors Quickly Review Portfolios and Reduce Buybacks
Lending Mortgage News

Candor Technology Enhances Pre-Close Underwriting Efficiency and Helps Lenders and Investors Quickly Review Portfolios and Reduce Buybacks

PR Newswire
by PR Newswire0176
Recent study of more than 500k funded loans revealed zero repurchases Candor Technology, Inc., a leading provider of automated underwriting technology and other technology-enabled solutions for the mortgage industry, announced it has completed a study of more than 500,000 funded loans and zero had repurchases. Thirteen repurchase claims were defended because the......
Snapdocs and SitusAMC Partnership Empowers Warehouse Banks to Scale eNote Adoption
Banking News

Snapdocs and SitusAMC Partnership Empowers Warehouse Banks to Scale eNote Adoption

Business Wire
by Business Wire0205
First-of-its-kind integration between Snapdocs’ eVault and SitusAMC’s ProMerit enables warehouse lenders to manage eNote transactions from within their system of record Snapdocs, the mortgage industry’s leading digital closing provider, announced a partnership with SitusAMC to integrate the Snapdocs eVault to SitusAMC’s ProMerit platform. The partnership allows warehouse lenders to manage eNote......
EarnUp Expands Financial Wellness Platform, Empowering Lenders & Servicers to Accommodate Text to Pay Capabilities
Fintech News

EarnUp Expands Financial Wellness Platform, Empowering Lenders & Servicers to Accommodate Text to Pay Capabilities

Business Wire
by Business Wire0248
EarnUp., a financial wellness fintech company, announced that lenders and servicers will be able to use its platform to offer borrowers a convenient mortgage payment option: Text to pay via debit card. “By enabling text to pay using a debit card, we’re offering lenders a seamless, no-customer-code solution that enhances......
Rocket Companies Hires AI Innovator Shawn Malhotra as Chief Technology Officer
Fintech News

Rocket Companies Hires AI Innovator Shawn Malhotra as Chief Technology Officer

PR Newswire
by PR Newswire0177
Malhotra is a proven technology leader with decades of experience in engineering, product development and AI strategy for tech and media companies, including Thomson Reuters, Intel and Qualcomm Rocket Companies, the Detroit-based fintech platform company including mortgage, real estate and other financial service businesses, announced Shawn Malhotra as its first ever group......
Xactus Announces Integration with Dark Matter Technologies Empower LOS
Mortgage News

Xactus Announces Integration with Dark Matter Technologies Empower LOS

Business Wire
by Business Wire0158
Xactus, a leading verification innovator for the mortgage industry, announced that several of its verification services are now available via Dark Matter Technologies Empower loan origination software. “We are particularly excited about this integration because it provides lenders with unrivaled efficiency by helping them accelerate the loan process and create an exceptional......
Ally Financial Declares Dividend on Common Stock and Series B and Series C Preferred Stock
Digital Payments Fintech News

Ally Financial Declares Dividend on Common Stock and Series B and Series C Preferred Stock

PR Newswire
by PR Newswire0161
Additionally, a dividend payment was declared on Ally’s 4.700% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series C, of approximately $11.8 million, or $11.75 per share, and is payable to shareholders of record as of April 30, 2024. The board of directors of Ally Financial declared a quarterly cash dividend of $0.30 per......
Rocket Companies Introduces Rocket Logic AI Platform to Make Homeownership Faster and Easier
Mortgage News

Rocket Companies Introduces Rocket Logic AI Platform to Make Homeownership Faster and Easier

PR Newswire
by PR Newswire0252
This platform makes the mortgage process more efficient by combining insights from more than 10 petabytes of proprietary data and 50 million annual call transcripts with state-of-the-art deep learning and generative AI systems, allowing Rocket Mortgage to close more loans faster. Rocket Mortgage, America’s largest retail mortgage lender and a......
Groves Capital Announces Big Expansion into Commercial Markets, Both Domestically and Internationally
Investment Services News

Groves Capital Announces Big Expansion into Commercial Markets, Both Domestically and Internationally

PR Newswire
by PR Newswire0182
With international expansion in mind, the business is targeting promising regions and countries ripe with lucrative investment prospects. In the fast-paced realm of financial services, adaptability is the name of the game for sustained success. Recognized as a beacon of reliability and trust in lending, Groves Capital is making headlines......
Cadence Bank Announces Simplified Organizational Structure and Expanded Roles for Key Executives
Banking News

Cadence Bank Announces Simplified Organizational Structure and Expanded Roles for Key Executives

PR Newswire
by PR Newswire0220
The new management structure streamlines the organization and eliminates management layers to expedite decision-making, enhance accountability, and further a laser-focused approach to client relationships. Cadence Bank announced changes to its organizational structure, as well as new and increased responsibilities for several key executives, that will build on the company’s success,......
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