Industry Briefs, June 30, 2025
(Image courtesy of Markus Winkler via pexels.com)
Volly Launches Network Connections
Williston Financial Group, Portland, Ore., announced subsidiary Volly, Woburn, Mass., has launched Network Connections, a new component within its marketing suite to empower mortgage loan officers to collaborate with and support their real estate agent network.
It alerts loan officers of connected partner real estate listings in real time, allows them to view their partners’ current listings, enables them to create co-branded property websites and generates personalized listing flyers.
It also integrates lender-specific pricing on each property site in real-time, and a built-in dashboard provides visibility into campaign activity, lead volume and partner performance.
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Gateless Integrates With Fannie Mae’s Income Calculator
Gateless, Chicago, announced an integration with Fannie Mae’s Income Calculator.
The collaboration will help lenders in calculating income from self-employment, business ownership or rental properties.
Lenders will benefit from increased opportunities tied to the real-time calculation of qualified income, such as operational efficiency, accelerated borrower experience and lender certainty. The calculations are eligible for rep and warrant relief from Fannie Mae.
Available as of May 12, 2025, this enhancement is accessible through Gateless’ Smart Underwrite and VeriClear solutions.
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Class Valuation Rolls Out Class Valuation Analysis
Class Valuation, Troy, Mich., rolled out Class Valuation Analysis, a USPAP-compliant appraisal review system to help lenders validate collateral quality at critical points in the loan lifecycle.
CVA can deliver a comprehensive review of original appraisal reports that comply with the Standards of Professional Appraisal Practice. Each review is conducted by a licensed appraiser who analyzes the original report, leverages analyst-assisted automated valuation model tools and provides supplemental comparables or revised valuations as needed.
Lenders can use CVA at multiple stages of the loan lifecycle, including forensic appraisal reviews, internal control audits, construction validation and GSE post-board evaluations.
Each review includes a risk-based appraisal assessment by a licensed appraiser, validation of comparables, adjustments and disclosures, optional revised valuation or supplemental comparables and a clear, actionable report to support the next steps in lending.
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Argyle Announces Verification Expansion Via Mastercard’s Open Finance Tech
Argyle, New York, announced the availability of verification of assets powered by Mastercard’s open finance technology.
It offers lenders the ability to confirm borrowers’ balances, cash-to-close and cash-flow history alongside income and employment.
Service providers can consolidate their verification of assets, income and employment under a single provider.
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PHH Mortgage Expands With Blend
PHH Mortgage, Mount Laurel, N.J., a subsidiary of Onity Group, is expanding its partnership with Blend Labs, San Francisco.
PHH has expanded use of Blend’s technology platform to now include Rapid Refi and Rapid Home Equity.
The move will help PHH meet borrower expectations and deepen relationships across the homeownership journey, PHH said.
The Rapid suite of solutions will allow PHH to increase automation and operational efficiency across loan teams, improve ease of use for borrowers and strengthen customer retention and recapture.
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MeridianLink Becomes First Mortgage Tech Platform to Offer FICO Score Mortgage Simulator
MeridianLink, Costa Mesa, Calif., has become the first mortgage technology platform to offer the FICO, Bozeman, Mont., Score Mortgage Simulator.
Through this integration, MeridianLink will expand access to credit decisioning tools for resellers and lenders nationwide.
MeridianLink Mortgage Credit Link is a cloud-based plug-and-play order fulfillment hub that streamlines the ordering of credit and verification data throughout the mortgage process. The addition of the Score Mortgage Simulator gives lenders a tool to model credit behavior changes and measure the impact on FICO scores.
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Merchants Bank Picks Clarifire for Loss Mitigation Processes
Merchants Bank, Carmel, Ind., selected Clarifire, Clearwater, Fla., for its automation platform.
Merchants Bank will use Clarifire to drive greater efficiency across its servicing organization and deliver more responsive and faster results to borrowers.
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First Community Mortgage Deepens Use of Blue Sage’s Digital Lending Platform
First Community Mortgage, Murfreesboro, Tenn., a subsidiary of First Community Bank of Tennessee, has expanded its use of the Blue Sage Digital Lending Platform for its traditional and non-delegated wholesale lending channels, which operate under the name A Mortgage Boutique.
FCM deployed the Blue Sage digital lending platform for retail production in late 2023.
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