Loan origination

Teachers Credit Union Chooses Snapdocs to Digitize Mortgage Closings, Provide Better Experience for Borrowers

Retrieved on: 
Thursday, November 4, 2021

Snapdocs, Inc. , a leading digital closing platform for the mortgage industry, today announced that Teachers Credit Union (TCU) has chosen Snapdocs to streamline and digitize the mortgage closing process for its customers.

Key Points: 
  • Snapdocs, Inc. , a leading digital closing platform for the mortgage industry, today announced that Teachers Credit Union (TCU) has chosen Snapdocs to streamline and digitize the mortgage closing process for its customers.
  • Teachers Credit Union is Indianas largest credit union with more than $4 billion in assets, and has nearly 60 branches throughout the state of Indiana and Southwest Michigan, serving more than 300,000 members.
  • Using Snapdocs, TCU plans to digitize its mortgage closing process in order to create a more efficient workflow for its employees, and a better experience for its customers.
  • Weve seen quite a substantial rise in member satisfaction since using Snapdocs, said Vi Ryder, Teachers Credit Unions VP of Mortgage Operations.

Union Home Mortgage Adds Talent in Growing Southwest Market

Retrieved on: 
Monday, November 1, 2021

We are excited to welcome Scott to the team, said Bill Cosgrove, President & CEO of Union Home Mortgage.

Key Points: 
  • We are excited to welcome Scott to the team, said Bill Cosgrove, President & CEO of Union Home Mortgage.
  • His deep industry experience and familiarity with the growing southwestern market will serve as a tremendous asset for our organization.
  • Before joining UHM, he spent 10-plus years with Gateway Mortgage Group, serving as a Loan Originator and Sales Manager.
  • Previously, he served as a Loan Originator with Quest Mortgage, a mortgage company in Santa Fe.

Geneva Financial Awarded Best Work-Life Balance by Comparably.com

Retrieved on: 
Monday, October 11, 2021

PHOENIX, Oct. 11, 2021 /PRNewswire/ --Geneva Financial ( Geneva ) announces that the company has been awarded Best Work-Life Balance by Comparably, a platform committed to providing accurate culture and workplace data based on authentic employee reviews.

Key Points: 
  • PHOENIX, Oct. 11, 2021 /PRNewswire/ --Geneva Financial ( Geneva ) announces that the company has been awarded Best Work-Life Balance by Comparably, a platform committed to providing accurate culture and workplace data based on authentic employee reviews.
  • The title was awarded after Geneva employees provided anonymous feedback on their overall satisfaction with work-life balance at Geneva.
  • The national lender has also been awarded Best Mortgage Companies to Work For by multiple sources since the company's inception.
  • Learn more about Geneva Financial Home Loans at www.GenevaFi.com
    View original content to download multimedia: https://www.prnewswire.com/news-releases/geneva-financial-awarded-best-w...

Top UWM Trainer Joins Umortgage

Retrieved on: 
Monday, October 4, 2021

He secured his spot as the top-ranking trainer and coach company-wide in 2020, with a client satisfaction score of 99.2%.

Key Points: 
  • He secured his spot as the top-ranking trainer and coach company-wide in 2020, with a client satisfaction score of 99.2%.
  • "Dave is the definition of all-in," said Kayla Lopez, Leader of the Learning and Development team at UMortgage.
  • This clear passion for teaching is what drew President and CEO of UMortgage Anthony Casa to Higgins.
  • The UMortgage team extends their utmost thanks to David as well as all our servicemen and women for their service and commends their sacrifice.

Bank Director CEO Al Dominick Joins Nymbus Industry Advisory Board

Retrieved on: 
Wednesday, September 29, 2021

NYMBUS , a leading provider of banking technology solutions, today announced the appointment of Al Dominick to its Industry Advisory Board.

Key Points: 
  • NYMBUS , a leading provider of banking technology solutions, today announced the appointment of Al Dominick to its Industry Advisory Board.
  • A trusted information resource to leaders of financial services companies, Al is a fantastic addition to the Nymbus Advisory Board as we work together in creating new possibilities for greatness in our industry.
  • In addition, Al hosts Looking Ahead, a digital series produced in conjunction with Nasdaq which surfaces key industry and cross industry strategy opportunities relevant to public, private and non-profit organizations.
  • The Nymbus Industry Advisory Boards esteemed list of members bring diverse expertise for guiding more banks and credit unions to leverage Nymbus unique innovation model, which quickly creates new digital banking products, services and experiences for sustainable business growth.

Snapdocs Announces the Launch of Closing Quality Control for Error-Free Digital Mortgage Closings

Retrieved on: 
Monday, September 27, 2021

Snapdocs, Inc., the leading digital closing platform for the mortgage industry, today announced the launch of Closing Quality Control, a new solution that uses patented technology alongside Snapdocs unparalleled settlement network to eliminate errors in mortgage closings.

Key Points: 
  • Snapdocs, Inc., the leading digital closing platform for the mortgage industry, today announced the launch of Closing Quality Control, a new solution that uses patented technology alongside Snapdocs unparalleled settlement network to eliminate errors in mortgage closings.
  • Closing Quality Control also automates a number of slow, manual post-closing processes to ensure lenders can operate as efficiently as possible after each closing is complete.
  • Errors in closing packages are incredibly frustrating for borrowers, and fixing them is among lenders biggest process inefficiencies, said Snapdocs CEO Aaron King.
  • For more information about Closing Quality Control and how to effectively implement digital mortgage closings at your organization, please contact us here .

Top Loan Originators Joins UMortgage to Grow Market Share

Retrieved on: 
Tuesday, September 14, 2021

WILSONVILLE, Ore., Sept. 14, 2021 /PRNewswire/ -- UMortgage is expanding right into the backyard of the Pacific Northwest with a ribbon cutting ceremony to officially open their Wilsonville office on Wednesday, September 22nd at 8:30 am. Mayor Julie Fitzgerald will be in attendance to welcome this expansion to her community. The national mortgage company is known for it's best in class, modern, cloud-based technology, and overstaffed proactive and communicative operations team. The addition of the PNW branch comes in tandem with the company's mission for rapid growth, specifically in the PNW market, and clear commitment to supporting it's Loan Originators in local communities across the country.

Key Points: 
  • The addition of the PNW branch comes in tandem with the company's mission for rapid growth, specifically in the PNW market, and clear commitment to supporting it's Loan Originators in local communities across the country.
  • Oxner was drawn to UMortgage because of their clear dedication to growing the PNW market through the support of like minded Loan Originators in the region.
  • "We believe there is a big opportunity to grow market share in the Pacific Northwest.
  • The next step is partnering with the best loan originators, and growing."

IOU Financial Inc. Reports Second Quarter 2021 Financial Results and Breaks All-Time Record in Monthly Loan Originations

Retrieved on: 
Thursday, August 26, 2021

Loan origination volume grew to US$34.4 million in Q2 2021, representing an increase of 36.1% over Q1 2021 and representing an increase of 272.4% over Q2 2020.

Key Points: 
  • Loan origination volume grew to US$34.4 million in Q2 2021, representing an increase of 36.1% over Q1 2021 and representing an increase of 272.4% over Q2 2020.
  • IOU added US$18.5 million in loan originations in July 2021, representing the highest monthly loan origination volume in the history of the Company.
  • IOU continued to sell its loan originations to institutional buyers as part of its marketplace growth strategy.
  • MONTREAL, Aug. 26, 2021 /PRNewswire/ -IOU FINANCIAL INC. ("IOU" or "the Company") (TSXV: IOU), a leading online lender to small businesses (IOUFinancial.com), announced today its results for the three and six-month period ended June 30, 2021.

Renee Newman Joins Nymbus Industry Advisory Board

Retrieved on: 
Wednesday, August 11, 2021

NYMBUS , a leading provider of banking technology solutions, today announced the appointment of accomplished financial services leader Renee Newman to its Industry Advisory Board.

Key Points: 
  • NYMBUS , a leading provider of banking technology solutions, today announced the appointment of accomplished financial services leader Renee Newman to its Industry Advisory Board.
  • With her deep history at some of the most admired institutions in the US, Newman will be instrumental in helping more banks and credit unions accelerate their digital growth with Nymbus.
  • Its exciting to have yet another financial services visionary who recognizes and supports the opportunity that Nymbus represents for institutions to achieve rapid while meaningful innovation.
  • The Nymbus Industry Advisory Boards esteemed list of members bring diverse expertise for guiding more banks and credit unions to leverage Nymbus unique innovation model, which quickly creates new digital banking products, services and experiences for sustainable business growth.

OFG Bancorp Invests $3 Million in Nymbus

Retrieved on: 
Thursday, August 5, 2021

NYMBUS , a leading provider of banking technology solutions, today announced a $3 million financing round led by OFG Ventures, LLC, a subsidiary of OFG Bancorp [NYSE: OFG].

Key Points: 
  • NYMBUS , a leading provider of banking technology solutions, today announced a $3 million financing round led by OFG Ventures, LLC, a subsidiary of OFG Bancorp [NYSE: OFG].
  • View the full release here: https://www.businesswire.com/news/home/20210805005669/en/
    Our mission has remained steadfast to help financial institutions of any size succeed with impactful, intentional innovation, said Jeffery Kendall, Chairman and CEO of Nymbus.
  • Nymbus integrates everything needed to build out and operate a full-scale digital bank positioned for success on day one.
  • Now in its 57th year in business, OFG Bancorp [NYSE: OFG] is a diversified financial holding company that operates under U.S., Puerto Rico and U.S. Virgin Islands banking laws and regulations.