Loan origination

Abrigo Partners With CU Solutions Group on PPP Loan Forgiveness Solution

Friday, May 22, 2020 - 10:55pm

AUSTIN, Texasand LIVONIA, Mich., May 22, 2020 /PRNewswire/ --Abrigo announced it has partnered with CU Solutions Group (CUSG) in support of Abrigo's Paycheck Protection Program (PPP) Forgiveness and Administration solution, part of the Sageworks SBA Lending solution, to aid credit unions in streamlining the loan forgiveness and administration process.

Key Points: 
  • AUSTIN, Texasand LIVONIA, Mich., May 22, 2020 /PRNewswire/ --Abrigo announced it has partnered with CU Solutions Group (CUSG) in support of Abrigo's Paycheck Protection Program (PPP) Forgiveness and Administration solution, part of the Sageworks SBA Lending solution, to aid credit unions in streamlining the loan forgiveness and administration process.
  • "The work of credit unions nationwide has been truly inspiring during this fast-paced and unprepared PPP rollout by the SBA," said Dave Adams, president/CEO of CU Solutions Group.
  • Regardless of whether or not an institution used Abrigo for PPP loan origination, any financial institution union can utilize Abrigo's PPP loan forgiveness and administration solution.
  • CU Solutions Group member credit unions will receive preferred pricing for Abrigo's PPP Forgiveness and Administration solution through the credit union service organization.

Bellwether Community Credit Union Union's Heather Economides Places as a Top State Loan Originator

Friday, May 22, 2020 - 1:38pm

MANCHESTER, N.H., May 22, 2020 /PRNewswire/ -- Bellwether Community Credit Union is proud to announce that Heather Economides, Mortgage Originator, has been recognized by The Warren Group Registry Review as a Top Loan Originator Statewide by number of loans and loan volume for New Hampshire Credit Unions based on 2019 activity.

Key Points: 
  • MANCHESTER, N.H., May 22, 2020 /PRNewswire/ -- Bellwether Community Credit Union is proud to announce that Heather Economides, Mortgage Originator, has been recognized by The Warren Group Registry Review as a Top Loan Originator Statewide by number of loans and loan volume for New Hampshire Credit Unions based on 2019 activity.
  • Economides first joined Bellwether Community Credit Union as a loan processor in May 2016.
  • She was promoted to a loan originator in February 2018 and is responsible for residential mortgage loan origination.
  • Since 1921, Bellwether Community Credit Union has offered financial services to consumers residing or working in New Hampshire and Essex and Middlesex counties in Massachusetts.

Four State Banking Associations Endorse Abrigo's PPP Loan Forgiveness Solution

Wednesday, May 20, 2020 - 5:34pm

AUSTIN, Texas, May 20, 2020 /PRNewswire/ --Four state and regional banking associations announced their endorsement of Abrigo's Paycheck Protection Program (PPP) Forgiveness and Administration solution, part of the Sageworks SBA Lending solution, to aid their member banks in streamlining the loan forgiveness and administration process.

Key Points: 
  • AUSTIN, Texas, May 20, 2020 /PRNewswire/ --Four state and regional banking associations announced their endorsement of Abrigo's Paycheck Protection Program (PPP) Forgiveness and Administration solution, part of the Sageworks SBA Lending solution, to aid their member banks in streamlining the loan forgiveness and administration process.
  • Regardless of whether or not a bank used Abrigo for PPP loan origination, any bank can utilize Abrigo's PPP loan forgiveness and administration solution.
  • "We're proud to partner with state banking associations to provide their member banks with direct access to our PPP Forgiveness and Administration solution to help streamline the process and keep them compliant."
  • These state banking association's member banks will receive preferred pricing for Abrigo's PPP Forgiveness and Administration solution through the association.

Yourban Selects nCino to Provide a Digital Banking Platform to Drive International Expansion

Thursday, May 14, 2020 - 8:30am

In a competitive SME lending market, Yourban understands the need to provide customers with an unparalleled digital experience that is flexible to individual business needs.

Key Points: 
  • In a competitive SME lending market, Yourban understands the need to provide customers with an unparalleled digital experience that is flexible to individual business needs.
  • By leveraging nCino, Yourban will utilise a system designed and configured to meet the bank's specific needs, ensuring it is a digital first organization that can quickly adapt to changing situations.
  • Edward Lane, VP Sales EMEA at nCino, said, "In a competitive SME lending market, Yourban understands the need to provide customers with an unparalleled digital experience.
  • With the nCino platform, we're able to provide the team with abest in class loan origination platformthat can grow and scale as the business expands."

Black Knight's Feature-Rich, Product, Pricing and Eligibility Engine, CompassPPE, Is Now Integrated with the Industry-Leading Empower Loan Origination System

Wednesday, May 6, 2020 - 2:00pm

JACKSONVILLE, Fla., May 6, 2020 /PRNewswire/ -- Black Knight, Inc. (NYSE:BKI) announced that CompassPPE, its robust, intuitive product, pricing and eligibility engine (PPE), is now available within its industry-leading Empower loan origination system (LOS).

Key Points: 
  • JACKSONVILLE, Fla., May 6, 2020 /PRNewswire/ -- Black Knight, Inc. (NYSE:BKI) announced that CompassPPE, its robust, intuitive product, pricing and eligibility engine (PPE), is now available within its industry-leading Empower loan origination system (LOS).
  • With this integration, Empower clients can seamlessly access advanced lock and relock workflows directly from the LOS.
  • "The CompassPPE and Empower integration provides an exceptional user experience, while supporting the margin capabilities that lenders need to price each loan confidently and competitively," said Rich Gagliano, president, Black Knight Origination Technologies.
  • "With CompassPPE, Empower clients can use a dynamic and flexible PPE to support their originators and secondary marketing departments."

Automated Financial Systems, Inc. Celebrates 50 Years of Innovation!

Wednesday, April 29, 2020 - 6:53pm

Today, Automated Financial Systems, Inc. (AFS) celebrates 50 years of innovation!

Key Points: 
  • Today, Automated Financial Systems, Inc. (AFS) celebrates 50 years of innovation!
  • AFS is known for commercial lending solutions designed to fit seamlessly into a banks ecosystem, providing real-time loan management from Loan Origination through Booking and beyond.
  • Now, AFS looks to the next 50 years of innovation, with the vision to see the future, and the experience to get you there.
  • AFS is the global leader in providing real-time, end-to-end commercial lending solutions to the worlds top-tier institutions.

Envoy Mortgage Announces Hiring of Amber Holligan as Senior Vice President and Director of Underwriting

Wednesday, April 29, 2020 - 2:00pm

HOUSTON, April 29, 2020 /PRNewswire-PRWeb/ -- National mortgage lender, Envoy Mortgage, announced that Amber Holligan is joining the company as Senior Vice President and Director of Underwriting.

Key Points: 
  • HOUSTON, April 29, 2020 /PRNewswire-PRWeb/ -- National mortgage lender, Envoy Mortgage, announced that Amber Holligan is joining the company as Senior Vice President and Director of Underwriting.
  • Holligan brings deep credit and mortgage knowledge to Envoy, having served most recently as Vice President of Underwriting for Mr. Cooper and previously as Director of Underwriting for Pacific Union Mortgage.
  • Holligan joins Envoy as an accomplished industry expert with more than 15 years of lending expertise in roles ranging from loan origination, processing, underwriting, operations and leadership.
  • In her new role, Holligan will oversee all mortgage underwriting, including four regional credit centers, a staff of 50 and all credit-related projects.

Floify Releases New Hybrid E-Closing Solution

Thursday, April 23, 2020 - 11:00am

BOULDER, Colo., April 23, 2020 /PRNewswire-PRWeb/ -- Floify , the leading provider of digital mortgage technology, announced today it has released their new hybrid e-closing solution.

Key Points: 
  • BOULDER, Colo., April 23, 2020 /PRNewswire-PRWeb/ -- Floify , the leading provider of digital mortgage technology, announced today it has released their new hybrid e-closing solution.
  • Floify's new hybrid e-closing solution builds upon the existing fundamentals of the company's Disclosure Desk solution, which leverages an integration with DocuSign e-signature and a lender's loan origination system (LOS), to provide borrowers with a smooth and simplified disclosure signing experience within the Floify point-of-sale portal.
  • To enable this streamlined workflow, hybrid e-closing automatically identifies the non-informational, non-wet-sign forms within the closing package and makes them available for e-signature within a borrower's Floify dashboard.
  • When using Floify to automate the lending process, enterprise lenders have reported getting borrowers to clear-to-close up to 7.5 days faster.

SharperLending® Partners with Property Interlink to Increase Health and Safety for Real Estate Appraisals

Wednesday, April 15, 2020 - 1:00pm

In addition to assisting lenders origination processes, the companies have partnered to extend increased health and safety to appraisers and homeowners.

Key Points: 
  • In addition to assisting lenders origination processes, the companies have partnered to extend increased health and safety to appraisers and homeowners.
  • We are excited to be working with SharperLending and Appraisal Firewall to offer the Verisite mobile appraisal tools to lenders, appraisers and homeowners, said Matt Hill, CEO of Property Interlink, one of the nations top performing real estate appraisal management companies.
  • Our mutual goal is to bring safety, health and velocity to a broader audience, boost the flow of loan origination and processing, and increase the health of the economy as it relates to the real estate industry.
  • Headquartered in Spokane, Wash., SharperLending was founded in 1989 and released the Appraisal Firewall real estate appraisal software in 2006.

Ellie Mae Announces Launch Of Velocify LeadManager Essentials

Tuesday, April 14, 2020 - 2:00pm

PLEASANTON, Calif., April 14, 2020 /PRNewswire/ -- Ellie Mae , the leading cloud-based loan origination platform provider for the mortgage industry, today announced the launch of Velocify LeadManager Essentials , part of Ellie Mae's Consumer Engagement solution .

Key Points: 
  • PLEASANTON, Calif., April 14, 2020 /PRNewswire/ -- Ellie Mae , the leading cloud-based loan origination platform provider for the mortgage industry, today announced the launch of Velocify LeadManager Essentials , part of Ellie Mae's Consumer Engagement solution .
  • LeadManager Essentials provides automated engagement and multi-channel communication which delivers messages to borrowers via text and email on behalf of an originator, enhancing the borrower's experience and increasing conversions and pull through rates for the lender.
  • For more information about Velocify LeadManager Essentials, visit: https://explore.elliemae.com/velocify-leadmanager-essentials
    Ellie Mae is the leading cloud-based platform provider for the mortgage finance industry.
  • 2020 Ellie Mae, Inc. Ellie Mae , Encompass , AllRegs , Velocify, Capsilon, the Ellie Mae logo and other trademarks or service marks of Ellie Mae, Inc. appearing herein are the property of Ellie Mae, Inc. or its subsidiaries.