Industry Briefs, July 15, 2024
Talk’uments, nCino Integrate
Talk’uments, Chevy Chase, Md., has integrated with nCino, Wilmington, N.C., to offer multi-language resources to users of nCino’s Mortgage Suite.
This is Talk’uments first integration into a POS solution in the financial services industry.
Mortgage lenders using the nCino Mortgage Suite will be able to offer applicants with limited English proficiency additional transactional clarity during the process. Languages offered include Spanish, Vietnamese, Korean and Mandarin.
Vice Capital Markets Launches Integration With Fannie Mae Mission Score API
Vice Capital Markets, Novi, Mich., announced it has integrated the Fannie Mae Mission Score API into its trading portal.
It will allow clients to take advantage of pricing and best execution decisions to improve gain-on-sale.
“The API integration gives our clients the peace of mind that the Mission Index value we are using to evaluate best execution on their loans is 100% accurate and incorporates all the required data components to accurately score each individual loan,” said Vice Capital Chief Information Officer Shawn Ansley.
Chevron Federal Credit Union Taps Blue Sage
Chevron Federal Credit Union, Concord, Calif., has implemented the Blue Sage Solutions, Englewood Cliffs, N.J., Digital Lending Platform.
It will enable Chevron FCU and Spectrum Credit Union to streamline the home financing experience for its members while promoting efficiency.
It is also implementing Blue Sage’s LION Consumer POS.
Chevron FCU pointed to Blue Sage’s modern API-first technology, user-friendly interface and integrations with providers such as Docutech, ComplianceEase and Optimal Blue as impacting its choice.
FICO Announces New Adoptions of FICO Score 10 T
FICO, Bozeman, Mont., announced that Encompass Lending Group, Katy, Texas, and Equity Resources Inc., Newark, Ohio, are the latest lenders to begin using FICO Score 10 T.
Their adoption of the model stems from FICO’s strategic relationship with Lenders One Cooperative–both lenders are members.
FICO has announced a number of adoptions in recent months, and said that currently clients with more than $125 billion in annualized mortgage originations and $380 billion in eligible mortgage portfolio servicing rights have signed on.