Encompass

Enhabit Provides Additional Details on Robust Strategic Review Process

Retrieved on: 
목요일, 5월 23, 2024

In connection with the filing, Enhabit provided additional information regarding its recently concluded strategic review process.

Key Points: 
  • In connection with the filing, Enhabit provided additional information regarding its recently concluded strategic review process.
  • The Board, which includes two directors appointed as part of a cooperation agreement with Cruiser Capital and Harbour Point Capital, was actively engaged throughout the strategic review process.
  • In addition, Enhabit issued a public announcement of the process to ensure that other potential counterparties would be aware of the process.
  • The strategic review process, as described above, was publicly announced, comprehensive, and deliberate, lasting nine months and involving 38 potential counterparties.

ICE Invests in Product and Pricing Innovation, Introduces Newly Enhanced ICE PPE and Advisory Group

Retrieved on: 
수요일, 5월 15, 2024

ICE has dedicated resources to driving a robust roadmap of features and improvements for ICE PPE (formerly EPPS) and secondary market innovation, informed by the regular, ongoing input of the elite group of lenders making up the ICE PPE Advisory Group.

Key Points: 
  • ICE has dedicated resources to driving a robust roadmap of features and improvements for ICE PPE (formerly EPPS) and secondary market innovation, informed by the regular, ongoing input of the elite group of lenders making up the ICE PPE Advisory Group.
  • Encompass users already have native access to thousands of loan products and a robust network of investors, wholesale lenders, and state and local housing authorities via ICE PPE.
  • To support this product evolution, ICE is actively expanding the associated product development, solutions engineering and support resource teams with experienced industry professionals.
  • The ICE PPE Advisory Group is composed of leading mortgage lenders – including both users of Encompass’ product pricing capabilities as well as those who employ other available pricing engines.

GoHealth Reports First Quarter 2024 Results

Retrieved on: 
목요일, 5월 9, 2024

CHICAGO, May 09, 2024 (GLOBE NEWSWIRE) -- GoHealth, Inc. (NASDAQ: GOCO) (“GoHealth” or the “Company”), a leading health insurance marketplace and Medicare-focused digital health company, today announced financial results for the three months ended March 31, 2024.

Key Points: 
  • CHICAGO, May 09, 2024 (GLOBE NEWSWIRE) -- GoHealth, Inc. (NASDAQ: GOCO) (“GoHealth” or the “Company”), a leading health insurance marketplace and Medicare-focused digital health company, today announced financial results for the three months ended March 31, 2024.
  • First quarter 2024 net revenues of $185.6 million, a slight increase compared to $183.2 million in the prior year period.
  • First quarter 2024 net loss of $21.3 million, an improvement of $1.2 million compared to $22.5 million in the prior year period.
  • First quarter 2024 Adjusted EBITDA(1) of $26.9 million, a decrease of $1.9 million compared to $28.8 million in the prior year period.

Enhabit Concludes Review of Strategic Alternatives

Retrieved on: 
수요일, 5월 8, 2024

The Company and its advisors ran a thorough strategic review process that concentrated on a merger or acquisition of the Company.

Key Points: 
  • The Company and its advisors ran a thorough strategic review process that concentrated on a merger or acquisition of the Company.
  • The Board directed the Company’s financial advisor to identify potential strategic partners and financial sponsors that might be interested in an acquisition of or strategic combination with the Company.
  • “Considering this, and other strategic alternatives reviewed with advisors during the review process, the Board determined the best way to enhance shareholder value at this time is to continue to operate as a stand-alone business.
  • “With the strategic alternatives review process concluded, the management team is focused on operating Enhabit’s core businesses,” said President and Chief Executive Officer Barbara Jacobsmeyer.

Truv Now An Authorized Report Supplier for Fannie Mae's Desktop Underwriter (DU) Validation Service

Retrieved on: 
화요일, 4월 30, 2024

NEW YORK, April 30, 2024 /PRNewswire/ -- Truv, a provider of automated employment and income verification technology for mortgage lenders, banks, and credit unions, announced it is now an authorized report supplier for mortgage lenders using Fannie Mae's Desktop Underwriter® (DU®) validation service. Truv's consumer-permissioned platform is now able to obtain and transmit income and employment data through the DU validation service.

Key Points: 
  • NEW YORK, April 30, 2024 /PRNewswire/ -- Truv, a provider of automated employment and income verification technology for mortgage lenders, banks, and credit unions, announced it is now an authorized report supplier for mortgage lenders using Fannie Mae's Desktop Underwriter® (DU®) validation service.
  • Truv's consumer-permissioned platform is now able to obtain and transmit income and employment data through the DU validation service.
  • Fannie Mae's DU validation service uses third-party data vendors to independently validate borrower income, employment, and asset data, providing lenders with Day 1 Certainty® on validated loan components.
  • As an authorized report supplier for Fannie Mae's DU validation service, the Truv platform enables lenders to:
    "We are thrilled to announce our collaboration with Fannie Mae, a pivotal step in our mission to revolutionize the mortgage industry," said Kirill Klokov, CEO of Truv.

CQ Medical™ (formerly CIVCO Radiotherapy and Qfix) is Exhibiting New Brand and Expanded Product Portfolio at ESTRO 2024

Retrieved on: 
수요일, 4월 24, 2024

CQ Medical marks a pivotal transformation for CIVCO Radiotherapy and Qfix, who joined forces in October 2022.

Key Points: 
  • CQ Medical marks a pivotal transformation for CIVCO Radiotherapy and Qfix, who joined forces in October 2022.
  • CQ Medical is derived from the company's Care Quotient: IQ + EQ = CQ.
  • Two special product unveilings will take place on Friday, 3 May at 19:18, which you will want to attend.
  • CQ offers various thermoplastic options, including Fibreplast, a premium proprietary thermoplastic that is more rigid and shrinks less than standard thermoplastic.

Amid threats to IVF, National Infertility Awareness Week® Brings Awareness Activities Across the Country

Retrieved on: 
월요일, 4월 15, 2024

MCLEAN, Va., April 15, 2024 /PRNewswire-PRWeb/ -- RESOLVE: The National Infertility Association (RESOLVE) will recognize National Infertility Awareness Week®, April 21 through April 27, 2024. The movement brings together millions of Americans who want to remove the stigmas and barriers that stand in the way of building families. RESOLVE will rally the infertility community to share their stories in an effort to raise awareness about the threats to family building options like IVF, the lack of access to family building options and the need for emotional support for the 1 in 6 people who will face infertility. #LeaveYourMark is a message found on the official NIAW website and throughout RESOLVE's social media campaigns.

Key Points: 
  • RESOLVE: The National Infertility Association will recognize National Infertility Awareness Week®, April 21 through April 27, 2024.
  • The movement brings together millions of Americans who want to remove the stigmas and barriers that stand in the way of building families.
  • MCLEAN, Va., April 15, 2024 /PRNewswire-PRWeb/ -- RESOLVE: The National Infertility Association (RESOLVE) will recognize National Infertility Awareness Week® , April 21 through April 27, 2024.
  • The movement brings together millions of Americans who want to remove the stigmas and barriers that stand in the way of building families.

ICE Launches Mortgage Insurance Center for Encompass Digital Lending Platform with Integrations to All Major MI Providers

Retrieved on: 
수요일, 3월 20, 2024

(NYSE: ICE), a leading global provider of technology and data, today announced the launch of the Encompass Mortgage Insurance (MI) Center, now available to users of ICE’s end-to-end digital lending platform.

Key Points: 
  • (NYSE: ICE), a leading global provider of technology and data, today announced the launch of the Encompass Mortgage Insurance (MI) Center, now available to users of ICE’s end-to-end digital lending platform.
  • MI services from third-party providers Arch MI, Enact, Essent, MGIC, National MI and Radian are available.
  • “With the addition of MI Center, Encompass now offers lenders a full array of tools and ordering options to digitally initiate and complete mortgage transactions on ICE technology,” said Tim Bowler, President of ICE Mortgage Technology™.
  • With the new MI EPC integrations, rate quote documents and insurance certificates will now include the provider’s name and type of document in the Encompass eFolder.

Fifth Third Bank Moving to ICE’s End-to-End Mortgage Ecosystem to Improve Customer Experience

Retrieved on: 
화요일, 3월 19, 2024

Fifth Third will also incorporate multiple ICE data and analytics solutions to help mitigate risk, identify opportunities, and gain crucial insights to support data-driven decision making.

Key Points: 
  • Fifth Third will also incorporate multiple ICE data and analytics solutions to help mitigate risk, identify opportunities, and gain crucial insights to support data-driven decision making.
  • Jay Plum, executive vice president and head of Mortgage for Fifth Third has played a leadership role in the bank’s digital mortgage initiative.
  • “At Fifth Third, we’re working to digitize the overall homebuying experience, giving our customers control, choice and transparency along the journey,” said Plum.
  • “Fifth Third is well known for its commitment to providing a premier digital mortgage experience,” said Tim Bowler, president of ICE Mortgage Technology.

Coviance™ Announces Integration with Encompass® by ICE Mortgage Technology®

Retrieved on: 
월요일, 3월 18, 2024

Coviance’s HEx automates the home equity loan process through adaptive workflows with data-driven decisioning intelligence giving borrowers and lenders speed and efficiency.

Key Points: 
  • Coviance’s HEx automates the home equity loan process through adaptive workflows with data-driven decisioning intelligence giving borrowers and lenders speed and efficiency.
  • “Expanding onto our relationship with ICE from our integration into Simplifile, and now Encompass continues to drive value for our shared customers, banks and credit unions.
  • The product’s standout features will help further expand Home Equity lending capabilities into the mortgage LOS.
  • "As a Coviance board member, I am excited about the integration between Coviance and ICE Mortgage Technology, which will enable more credit unions and community banks to access this powerful technology."