Industry Briefs Aug. 18, 2023

Mobility Market Intelligence Acquires Bonzo, Rolls Out LO Quick Profiles

Mobility Market Intelligence, Cottonwood Heights, Utah, announced it acquired relationship management and mortgage marketing platform provider Bonzo. The company also recently released its new LO Quick Profile search tool.

MMI said the Bonzo leadership team, including Founder and President Jason Perkins, Founder and Chief Operating Officer/Chief Revenue Officer Miles Miller and CEO Chad Jampedro will stay on and guide the company as an independent service.

The LO Quick Profile search tool provides a summary view of a loan originator’s production and top referral partners. That allows lenders to evaluate LOs on factors other than self-reported numbers.

Valligent Launches GSE Data Collection Suite

Valligent, Roseville, Calif., a Veros Software company, has launched a GSE Collection suite to support both Fannie Mae’s value acceptance + property data and Freddie Mac’s ACE+ PDR (automated collateral evaluation plus property data report) solutions.

The suite contains:

• ValPDC, a property data collection in support of Fannie Mae’s value acceptance + property data.
• ValPDR, a property data report in support of Freddie Mac’s ACE+ PDR.
• ValPDR COMPLETE, a completion report in support of Freddie Mac’s ACE+ PDR.
• ValHYBRID, a hybrid appraisal in support of Fannie Mae’s value acceptance + property data and Freddie Mac’s ACE+ PDR (automated collateral evaluation plus property data report) when an upgrade is needed.

Xactus Announces Next Generation of Proprietary Tech Platform

Xactus, Philadelphia, announced a new generation of its proprietary tech platform, Xactus360.

The new version includes features such as a single login that allows lenders to quickly access mortgage credit and pre-qualification reports.

Xactus360 also allows lenders to set certain score thresholds so they can easily cascade from pre-qualification to tri-merge credit reports.