Industry Spotlight

Velocity Solutions, which provides revenue enhancement solutions to regional and community financial institutions, recently acquired CourtesyCloud’s CourtesyConnect/CourtesyLimit automated overdraft management system. CourtesyCloud is owned by BSG Financial Group.

PromonTech, the technology unit of Promontory MortgagePath, recently integrated its point-of-sale (POS) solution, Borrower Wallet, with FormFree’s automated asset verification service, AccountChek.

Cloudvirga, a digital mortgage point-of-sale (POS) software provider, recently announced that Finance of America Mortgage (FAM) will deploy the Cloudvirga Enterprise POS as its digital mortgage platform.

Gateway Mortgage Group, a full-service mortgage company founded by Kevin Stitt, for the sixth straight year was ranked among America’s 5,000 fastest-growing privately-held companies as part of the 2018 Inc. 5000. It is the company’s eighth time on the list in its history, which is only true of 2 percent of companies, according to Inc.

Wolters Kluwer recently partnered with SettlementOne to help lenders streamline their credit valuation processes with prospective customers during the mortgage loan application process. The partnership links SettlementOne’s credit and data verification capabilities with Wolters Kluwer’s flagship ComplianceOne mortgage and lending platforms, according to a press release.

Porter Keadle Moore (PKM), an accounting and advisory firm that serves leading public and private clients nationwide, recently announced the hiring of Larry Gildersleve as its director of practice growth. Gildersleve brought more than 33 years of financial and operational excellence in manufacturing, construction, technology, private equity, retail, auto finance and banking to PKM, according to a press release. 

LendingQB, a SaaS loan origination technology solution provider, recently partnered with MortgageHippo in a way intended to improve the borrower experience, lower the cost of origination and increase loan officer productivity. 

ClosingCorp’s SmartFees recently was selected by Stearns Lending, LLC, one of the country’s top 10 mortgage lenders, its rate and fee data solution. SmartFees provides more than 4,000 Stearns brokers with vendor-verified rate and fee data from thousands of service providers located throughout the nation

Informative Research, which delivers technology-driven solutions for the mortgage industry, recently announced a complete integration with LendingQB’s Loan Origination System (LOS), allowing LendingQB users to easily access and order several products Informative Research offers.

The technology integration between Wipro Gallagher Solutions (WGS), a loan origination software provider, and ComplianceEase, an automated compliance solutions provider, has been enhanced to allow Wipro users to include per diem interest compliance tests results on their audit reports, which is particularly beneficial to the companies’ clients in California.