Vice Capital Markets, Novi, Mich., released an integration for Freddie Mac’s Cash Settlement Purchase Statement application programming interface.
Tag: OptifiNow
Industry Briefs Aug. 5, 2022: Fannie Mae Survey Cites Cost-Cutting as Top 2022 Business Priority
Fannie Mae, Washington, D.C., said mortgage lenders appear to be adapting their business priorities to meet what they believe are a new set of challenges, including weakened mortgage demand and rising rates.
Industry Briefs June 14, 2022: OptifiNow Implements CRM Platform for Reverse Mortgage Lender
OptifiNow, Seal Beach, Calif., deployed its custom CRM platform for Reverse Mortgage Lending, a reverse mortgage originator based in San Diego. Reverse Mortgage Lending selected OptifiNow as its CRM platform to manage its marketing campaigns and track loans in process more effectively.
Industry Briefs Apr. 28, 2022: FHFA Announces GSEs’ Duty to Serve Plans for 2022-2024
The Federal Housing Finance Agency published the 2022-2024 Underserved Markets Plans for Fannie Mae and Freddie Mac under the Duty to Serve Program., which outline the government-sponsored enterprises’ commitment to serving manufactured housing, affordable housing preservation and rural housing.
Michael McFadden of OptiFunder: CFOs Embrace Tech for Strategic Advantages to their Organizations
CFOs across industries are embracing technology to gain control, reduce costs and streamline operations, structuring for success amid a turbulent environment. In fact, CFO-focused technology is some of the most exciting and disruptive tech in our industry.
Industry Briefs Mar. 25, 2022: CFPB Targets ‘Unfair Discrimination’ in Consumer Finance
The Consumer Financial Protection Bureau announced changes to its supervisory operations it says will better protect families and communities from illegal discrimination, including in situations where fair lending laws may not apply.
Industry Briefs Mar. 1, 2022: Arch MI: Home Price Growth to Slow in 2022
Home sales, which increased more than 6% in 2021 to a 15-year high, will remain strong this year — supported by solid demographic trends and an expected increase in homes for sale, according to the winter edition of The Housing and Mortgage Market Review from Arch Mortgage Insurance Co., Greensboro, N.C.
Industry Briefs Jan.12, 2022: nCino Completes Acquisition of SimpleNexus
nCino Inc., Wilmington, N.C., completed its acquisition of SimpleNexus, a cloud-based, mobile-first homeownership software company, for total consideration of 12.76 million shares of nCino common stock plus cash consideration of $270 million, on a cash-free, debt-free basis and excluding transaction expenses.
Industry Briefs Dec. 10, 2021: Beeline Completes Series A Funding
Beeline, Providence, R.I., a digital start-up mortgage lender, completed a Series A round of financing for an undisclosed amount. The capital will be invested in automation and artificial intelligence to improve the user experience for borrowers.
Industry Briefs Sept. 16, 2021: Covius Acquires Nationwide Title Clearing
Covius Holdings Inc., Denver, a provider of technology-enabled platforms to the financial services industry, reached an agreement to acquire Palm Harbor, Fla.-based Nationwide Title Clearing Inc., a national lien release provider.