Industry Briefs, Oct. 16, 2025
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Cloudvirga Integrates Horizon POS and ICE PPE
Cloudvirga, Irvine, Calif., announced an integration between its Horizon POS platform and the ICE PPE from Intercontinental Exchange, Atlanta.
The integration allows loan officers to request loan pricing, validate product eligibility and request rate locks from ICE PPE directly within Horizon’s Loan Center.
By syncing with the ICE PPE throughout the process, Horizon can continually validate pricing and eligibility data to ensure changes in borrower circumstances don’t cause a loan file to advance with inaccurate pricing.
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PHH Mortgage Launches Proprietary Non-QM Product Suite
PHH Mortgage, West Palm Beach, Fla., a subsidiary of Onity Group, announced that it plans to launch a new suite of proprietary non-qualified mortgage products known as FlexIQ on Oct. 20.
The suite will be available via the Company’s Correspondent Lending channel for delegated and non-delegated loans.
It will offer flexible underwriting and intelligent mortgage solutions in three product categories: Full Documentation, Alternative Documentation and Debt Service Coverage Ratio.
FlexIQ will replace PHH’s Gold/Silver/Bronze non-QM programs.
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Read MBA’s Mike Fratantoni’s Column on Policy Uncertainty, Market Volatility
MBA Senior Vice President and Chief Economist Mike Fratantoni recently published a new column in Housing Finance International titled “Impact of Policy Uncertainty and Market Volatility on the U.S. Housing and Mortgage Markets”.
For more information or to read the article, please contact Mike Fratantoni.
Choice Mortgage Group Launches LOANNUITY
Choice Mortgage Group, Boca Raton, Fla., has rolled out LOANNUITY, a program designed for loan officers nearing retirement.
LOANNUITY provides a structured succession model that allows veteran originators to continue earning income from their book of business even after stepping away from daily operations.
It pairs retiring loan officers with rising originators who are positioned to work with their client databases and referral networks, and includes a long-term payout structure that allows retiring loan officers to receive ongoing commissions.
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NotaryCam’s eClose360 Platform Now Supports MISMO’s SMART Doc v3 Standard for Electronic HELOCs
NotaryCam, Houston, announced its eClose360 platform is compatible with MISMO’s newly published Smart Doc V3 standard for electronic home equity lines of credit.
The standard provides a common framework for originating, closing and servicing eHELOCs by defining the data, document structure and process requirements needed for a SMART Doc V3 file, and establishes consistent formats for key sections of a HELOC agreement.
NotaryCam’s eClose360 platform aligns with those requirements by enabling compliant remote online notarizations, automating document tagging and preparation to reduce errors, generating and managing eNotes through GSE-approved vendors and securely depositing and delivering completed eNotes via its integrated eVault.
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OptifiNow, BombBomb Partner on Personalized Video Messaging
OptifiNow, Seal Beach, Calif., and BombBomb, Colorado Springs, Colo., have partnered on a new integration empowering lenders to strengthen relationships through personalized video communication.
It will be available in both the retail and wholesale versions of the OptifiNow CRM. Loan officers and wholesale account executives will be able to record, send and track BombBomb videos directly within their daily workflow.
For retail lenders, the integration provides a way to improve the borrower experience by using videos to explain complex mortgage concepts and deliver updates, and for wholesale lenders, account executives can use video to engage and educate broker partners in a more compelling and memorable way.
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Renovo Financial Marks Milestone
Renovo Financial, Chicago, announced that it has hit $10 billion in loan originations.
It was founded in 2011 and has worked to build a reputation for providing certainty of funding, local expertise and in-house servicing.
The firm is focused on empowering investors through a relationship-first approach as it looks toward the future.
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