Industry Spotlight

Fannie Mae recently approved Origence’s mortgage lending platform for its Day 1 Certainty program.

Framing the move as a step in the right direction for continuing the company’s growth, loanDepot recently announced the addition of mortgage industry veteran Steve Kay to its retail lending channel production leadership team as vice president of strategic alliances.

The Santander Group’s fintech venture capital fund, Santander InnoVentures, is expanding funding for the cloud-based digital lending platform Roostify, which was designed to enable borrowers to complete mobile eMortgage closings. Santander first invested in the company in February 2018 and this is its second investment, according to a press release.

Offering a new method to aide residential mortgage lenders in preparing for electronic examinations (e-Exams), ComplianceEase announced that it will offer a complementary Pre-Exam Portal “sandbox” beginning in January, in cooperation with the Multistate Mortgage Committee (MMC).

DocMagic, Inc. recently launched its new mobile application – LoanMagic. The app is provided free to all DocMagic customers, leverages a powerful backend platform that provides full interoperability with DocMagic solutions, as well as other third party mortgage software.

Black Knight, Inc. recently released two solutions intended to enhance accuracy, efficiency and automation in origination and secondary marketing.

Mortgage document preparation vendor International Document Services, Inc. (IDS) recently entered into a preferred partnership agreement with Mortgage Builder, which provides award-winning mortgage loan origination and servicing software systems, according to a press release.

Lender Price, a provider of mortgage origination and loan pricing technology, recently released a new pricing platform designed specifically for non-agency and non-QM lenders called FLEX Pricer.

DataVerify, a provider of data verification, risk mitigation, workflow enhancement and data aggregation services, now provides flood zone determinations to the mortgage industry, the company announced in a press release.

Garnet Capital recently earned the Certified Receivables Vendor (CRV) designation for Broker Services from the Receivables Management Association International (RMAI), adding to its extensive list of existing certifications.