Loan origination

Black Knight Integrates its Optimal Blue PPE With the Empower LOS, Delivering Streamlined Pricing and a New Data Synchronization Feature

Retrieved on: 
Tuesday, August 3, 2021
Loans, Mortgage industry of the United States, Black Knight, Brooklyn, Jacksonville, Fidelity National Financial, Competition, Pricing, Loan origination, Finance, Service companies, Economy

JACKSONVILLE, Fla., Aug. 3, 2021 /PRNewswire/ -- Today, Black Knight, Inc. (NYSE:BKI)announced the integration of its industry-leading Optimal Blue product, pricing and eligibility engine (Optimal Blue PPE) and the powerful Black Knight Empower loan origination system (LOS).

Key Points: 
  • JACKSONVILLE, Fla., Aug. 3, 2021 /PRNewswire/ -- Today, Black Knight, Inc. (NYSE:BKI)announced the integration of its industry-leading Optimal Blue product, pricing and eligibility engine (Optimal Blue PPE) and the powerful Black Knight Empower loan origination system (LOS).
  • As part of integrating the PPE and LOS, Black Knight has added an innovative Pipeline Monitoring feature that synchronizes data between the two systems.
  • This integration builds on Black Knight's efforts to lead the industry in pricing innovation by delivering greater accuracy to clients through its best-of-breed Optimal Blue PPE.
  • Delivering seamlessaccessto the most currentpricing withinthe Empower LOSprovidesBlack Knight clients even greater value by way of improved data integrity, decreased cycle times and lower costs per loan.

Snapdocs VP of Product Briana Ings Named to HousingWire's 2021 Women of Influence List

Retrieved on: 
Monday, August 2, 2021
Snapdocs

SAN FRANCISCO, August 02, 2021 /PRNewswire-PRWeb/ -- Snapdocs , Inc., a leading digital closing platform for the mortgage industry, announced that its VP of Product Briana Ings was named to HousingWire's 2021 Women of Influence list.

Key Points: 
  • SAN FRANCISCO, August 02, 2021 /PRNewswire-PRWeb/ -- Snapdocs , Inc., a leading digital closing platform for the mortgage industry, announced that its VP of Product Briana Ings was named to HousingWire's 2021 Women of Influence list.
  • As a member of the Snapdocs executive leadership team, Ings has led product and design strategy and execution since she joined the company in 2018.
  • Ings and her team focus on reimagining what closings should be like for lenders, notaries, signing services, settlement, and consumers.
  • Under Ings' leadership, Snapdocs has delivered product capabilities that dramatically improve both process efficiency for lenders and borrowers' experience of closing a mortgage.

MeridianLink Announces Upsizing and Pricing of Initial Public Offering

Retrieved on: 
Wednesday, July 28, 2021
Finance, Money, Financial markets, Corporate finance, Stock market, Initial public offering, Mortgage industry of the United States, Loans, Underwriting, Offer, Loan origination, Stock

Costa Mesa, Calif., July 27, 2021 (GLOBE NEWSWIRE) -- MeridianLink, Inc. (MeridianLink) (NYSE: MLNK), a cloud-based technology company that enables banks, credit unions, mortgage lenders, specialty lending providers, and consumer reporting agencies to streamline loan decision making, loan origination, and customer collection workflows, today announced the pricing of its initial public offering of 13,200,000 shares of common stock at a public offering price of $26.00 per share.

Key Points: 
  • Costa Mesa, Calif., July 27, 2021 (GLOBE NEWSWIRE) -- MeridianLink, Inc. (MeridianLink) (NYSE: MLNK), a cloud-based technology company that enables banks, credit unions, mortgage lenders, specialty lending providers, and consumer reporting agencies to streamline loan decision making, loan origination, and customer collection workflows, today announced the pricing of its initial public offering of 13,200,000 shares of common stock at a public offering price of $26.00 per share.
  • The offering consists of 10,000,000 shares offered by MeridianLink and 3,200,000 shares to be sold by certain of MeridianLinks existing stockholders.
  • In addition, certain of the selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 1,980,000 shares at the public offering price, less underwriting discounts and commissions.
  • The gross proceeds to MeridianLink from the offering, before deducting underwriting discounts and commissions and estimated offering expenses payable by MeridianLink, are expected to be $260 million.

Black Knight Announces Underwriter Assist Digital Solution, Leverages Machine-Learning Tools From AWS

Retrieved on: 
Tuesday, July 20, 2021
Loans, Finance, Money, Mortgage industry of the United States, Economy, Loan origination, Underwriting, Mortgage loan, Black Knight, Business process management

Underwriter Assist improves operational efficiency and productivity by automating many "stare and compare" tasks traditionally involved in underwriting, a critical component of the loan origination process.

Key Points: 
  • Underwriter Assist improves operational efficiency and productivity by automating many "stare and compare" tasks traditionally involved in underwriting, a critical component of the loan origination process.
  • "We've been collaborating with AWS since 2018, leveraging its robust services as we continue to innovate comprehensive solutions for the mortgage industry," said Rich Gagliano, president, Black Knight Origination Technologies.
  • As a result, Underwriter Assist is able to deliver exceptionally high levels of automation to help address the underwriting quality and productivity problems facing lenders today."
  • Black Knight has applied mortgage-specific technology, intellectual property and expertise to AWS services to create complete solutions for the industry.

Floify Joins Forces with LoanBeam to Provide Additional Loan Automation Solutions to Mortgage Professionals

Retrieved on: 
Tuesday, July 20, 2021
Money, Finance, Loans, Mortgage, Economy, Mortgage loan, Mortgage broker, Loan origination, Personal finance, Mortgage underwriting in the United States, Alt-A

"Floify is excited to integrate with the LoanBeam," said Floify CEO Dave Sims.

Key Points: 
  • "Floify is excited to integrate with the LoanBeam," said Floify CEO Dave Sims.
  • Floify is a digital mortgage automation and point-of-sale solution that streamlines the loan origination by providing a secure application, communication, and document portal between lenders, borrowers, referral partners, and other mortgage stakeholders.
  • Lenders use Floify to collect and verify borrower documentation, track loan progress, communicate with borrowers and real estate agents, and close loans faster.
  • LoanBeam, a subsidiary of Navesink Mortgage Services, is a Dallas-based fintech company specializing in document conversion, data extraction and income calculation.

LendingPad Integrates With Black Knight's Optimal Blue PPE to Streamline Loan Origination Process

Retrieved on: 
Monday, July 19, 2021
Loans, Mortgage industry of the United States, Loan origination, Mortgage loan

As a cloud-based mortgage loan origination system (LOS), LendingPad helps businesses streamline and manage loan origination processes and improve the customer experience.

Key Points: 
  • As a cloud-based mortgage loan origination system (LOS), LendingPad helps businesses streamline and manage loan origination processes and improve the customer experience.
  • Through this multi-point integration, LendingPad now seamlessly leverages the Optimal Blue PPE to enable wholesale, correspondent and retail lenders to generate real-time, compliant pricing scenarios regardless of their business channel.
  • "Our clients will greatly benefit from this key integration with the Optimal Blue PPE, delivering automation and pricing accuracy across multiple loan channels."
  • Using Optimal Blue's application programming interface (API), these connections will help LendingPad LOS users streamline the mortgage process, while enhancing loan officer productivity and reducing costs.

MeridianLink Announces Launch of Initial Public Offering

Retrieved on: 
Monday, July 19, 2021
Loans, Money, Finance, Mortgage industry of the United States, Economy, Loan origination, Mortgage loan, Underwriting, Mortgage

Costa Mesa, Calif., July 19, 2021 (GLOBE NEWSWIRE) -- Project Angel Parent, LLC (MeridianLink), parent company ofMeridianLink, Inc.,a cloud-based technology company that enables banks, credit unions, mortgage lenders, specialty lending providers, and consumer reporting agencies to streamline loan decision making, loan origination, and customer collection workflows,today announcedthe launch of itsinitial public offeringof12,000,000shares ofitscommon stock.The offering consists of10,000,000shares offered byMeridianLinkand2,000,000shares to be sold by certain ofMeridianLinksexisting stockholders.

Key Points: 
  • Costa Mesa, Calif., July 19, 2021 (GLOBE NEWSWIRE) -- Project Angel Parent, LLC (MeridianLink), parent company ofMeridianLink, Inc.,a cloud-based technology company that enables banks, credit unions, mortgage lenders, specialty lending providers, and consumer reporting agencies to streamline loan decision making, loan origination, and customer collection workflows,today announcedthe launch of itsinitial public offeringof12,000,000shares ofitscommon stock.The offering consists of10,000,000shares offered byMeridianLinkand2,000,000shares to be sold by certain ofMeridianLinksexisting stockholders.
  • In addition, theunderwriterswill havea 30-day option to purchaseup to an additional1,800,000shares from certain of the selling stockholders at the public offering price, less underwriting discounts and commissions.
  • The shares are expected to begin trading on the New York Stock Exchange under the ticker symbol MLNK.
  • BofASecurities, Credit Suisse, and Barclays are acting as lead book-running managers for the offering.

Lendsmart Integrates With Freddie Mac Loan Product Advisor® to Expedite the Underwriting Process

Retrieved on: 
Tuesday, July 13, 2021
Banking, Technology, Accounting, Professional services, Small business, Other Construction & Property, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Security, Other Technology, Software, Other Professional Services, Internet, Insurance, Data management, Finance, Mortgage industry of the United States, Loans, Finance, Money, Financial services, Loan origination, Freddie Mac, Underwriting

Lendsmart , an AI-driven digital lending platform, today announced they have integrated with Freddie Mac Loan Product Advisor (LPASM), the companys automated underwriting system (AUS).

Key Points: 
  • Lendsmart , an AI-driven digital lending platform, today announced they have integrated with Freddie Mac Loan Product Advisor (LPASM), the companys automated underwriting system (AUS).
  • Freddie Mac and Lendsmart are working together to better serve and exceed customer expectations by improving the borrower experience and loan origination cycle.
  • Partnering with Lendsmart allows Freddie Mac to provide the latest in technology that satisfies our mutual clients needs.
  • Lendsmart is looking forward to building its relationship with Freddie Mac and advancing their shared goal of revolutionizing the digital lending experience for its customers.

Black Knight Completes Top of Mind Acquisition, Adding Robust CRM and Marketing Automation to Integrated Mortgage Technology Ecosystem

Retrieved on: 
Wednesday, July 7, 2021
Marketing, Economy, Loans, Mortgage industry of the United States, Black Knight, Brooklyn, Jacksonville, Fidelity National Financial, Customer relationship management, Marketing automation, Business, Loan origination

Top of Mind is the creator of Surefire, a mortgage industry-specific customer relationship management (CRM) and marketing automation system.

Key Points: 
  • Top of Mind is the creator of Surefire, a mortgage industry-specific customer relationship management (CRM) and marketing automation system.
  • "Integrating Top of Mind's capabilities across the Black Knight mortgage technology ecosystem will give our clients even greater competitive advantages," said Black Knight Chairman and CEO Anthony Jabbour.
  • Top of Mind's advanced CRM and automated marketing workflows are powerful additions to Black Knight's integrated, end-to-end approach to helping our clients perform better."
  • Top of Mind will become part of Black Knight's Origination Software division and initially be integrated with the Black Knight Empower loan origination system (LOS) and Loan Officer Digital solution.

Truework Announces Integration with Leading Loan Origination Software Provider Encompass®, by ICE Mortgage Technology

Retrieved on: 
Wednesday, June 30, 2021
Loans, Finance, Mortgage industry of the United States, Mortgage loan, Loan origination, Financial services, Mortgage origination

SAN FRANCISCO, June 30, 2021 /PRNewswire/ -- Truework , the automated income verification platform, today announced it is a fully integrated partner with Encompass by ICE Mortgage Technology, the leading loan origination platform for mortgage lenders.

Key Points: 
  • SAN FRANCISCO, June 30, 2021 /PRNewswire/ -- Truework , the automated income verification platform, today announced it is a fully integrated partner with Encompass by ICE Mortgage Technology, the leading loan origination platform for mortgage lenders.
  • Loan processing teams can now automatically verify any U.S. employee through Truework without leaving the Encompass environment.
  • "Encompass users will now be able to combine the industry's most recognized loan origination system with industry-best verification coverage on Truework," said Ryan Sandler, CEO and co-founder of Truework.
  • At ICEMortgage Technology, we are transforming and digitizing the U.S. residential mortgage process, from consumer engagement through loan registration.