Industry Briefs, March 18, 2025
(Image courtesy of Markus Winkler via pexels.com)
Floify Rolls Out Dynamic Apps
Floify, Boulder, Colo., has introduced Dynamic Apps, a no-code feature to let lenders tailor loan applications based on loan type. It can help shape the home financing journey to borrowers’ goals while helping lenders accelerate approvals, up application completion rates and maintain regulatory compliance.
Dynamic Apps prompts borrowers to specify their loan purpose at the beginning of the application, and adjusts accordingly.
It also allows lenders to create custom questions for specialized mortgage products, such as HELOCs, and supports HELOC lending compliance with specific features.
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Snapdocs Introduces AI-Powered Quality Control
Snapdocs, San Francisco, announced new features: Quality Control and Trailing Document Management.
The new Quality Control capability streamlines lenders’ manual file review processes by automating two key steps with Funding QC and Post-Close QC. The AI-powered feature identifies document errors.
Trailing Document Management enables lenders to track, manage and receive final documents within the Snapdocs eClosing platform.
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Vice Capital Markets Integrates Fannie Mae’s Loan Pricing API
Vice Capital Markets, Novi, Mich., announced it has become the first mortgage hedge advisory firm to integrate Fannie Mae’s new Loan Pricing API into its trading portal.
The integration simplifies the loan pricing and commitment process by consolidating multiple pricing APIs into one, giving lenders instant access to Fannie Mae’s base pricing, service release premiums, LLPAs and internal pricing adjustments.
Users can also leverage the API to access best execution information.
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Imperial Fund Asset Management, A&D Mortgage, Clearwater Analytics Team
Imperial Fund Asset Management, Hollywood, Fla., A&D Mortgage, Hollywood, Fla., and Clearwater Analytics, Boise, Idaho, announced a strategic partnership to enhance portfolio accounting and reporting capabilities for Imperial Fund’s residential whole loan separately managed accounts. The partnership will help streamline compliance efforts and drive operational efficiencies.
Clearwater offers a platform providing advanced automation of loan data aggregation, reconciliation and comprehensive accounting solutions; Imperial Fund aims to leverage Clearwater’s advanced reporting capabilities to attract a broader base of insurance company investors. And, A&D Mortgage provides high-quality mortgage origination and investment opportunities that align with the needs of institutional investors.
Separately, A&D Mortgage announced the launch of a new non-QM securitization, A&D Mortgage Trust 2025-NQM1 (ADMT 2025-NQM1). The $458.93 million transaction is backed by a pool of 1,290 loans, featuring a weighted average credit score of 745 and a weighted average combined loan-to-value ratio of 68.91%. Approximately 45% are investment property loans.
The transaction was sponsored by Atlas A&D Opportunity Fund III LLC, with A&D Mortgage LLC serving as the loan originator, servicer, and representations and warranties provider.
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Talk’uments Partners with Blend
Talk’uments, Chevy Chase, Md., announced a strategic partnership with Blend Labs, San Francisco.
Through the integration, borrowers now have access to Talk’uments innovative language support capabilities. The capabilities are embedded into Blend’s mortgage technology suite.
It also offers lenders the ability to provide essential mortgage disclosures, documents and borrower communications in multiple languages.
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