Industry Briefs Oct. 6, 2023
Floify Launches New Features
Floify, Boulder, Colo., announced the launch of new verification of income (VOI) technology and verification of employment (VOE) waterfall technology.
The new features will enable mortgage professionals to view multiple verification reports from different providers, rather than having to run each one individually. Floify says this will save clients time and money.
“As an added benefit, because these waterfalls can be run within the Floify platform, our clients can bypass loan origination system add-on fees that often come with enabling new features,” said Sofia Rossato, Floify’s President and General Manager.
TitleEQ Opens New Offices
TitleEQ, Philadelphia, announced it has opened new offices in Miami and Allentown, Pa., due to company growth and demand.
TitleEQ is a national settlement services provider, powered by Title Box. TitleEQ has the same founders as TitleBox.
Matt Einheber, TitleEQ Principal and Creator of TitleBox, said the company will be making additional growth-related announcements during the fourth quarter.
LenderLogix Announces Selection by Affinity Plus Federal Credit Union
LenderLogix, Buffalo, N.Y., announced Minnesota-based Affinity Plus Credit Union is using its pre-approval letter generation tool QuickQual.
QuickQual can generate pre-approval letters, and the interactive tool can allow users to preview real-time costs of buying their new home.
Loan officers can set parameters within the system based on the borrower’s maximum pre-approved loan amount and provide borrowers with a deeper understanding to purchase a house on a case-by-case basis.