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Home >> Author Archives: Krista Franks Brock

Author Archives: Krista Franks Brock

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a360inc Aims to Simplify Solutions for Law Firms with New Acquisition

a360inc Aims to Simplify Solutions for Law Firms with New Acquisition

Taking a major step toward its stated goal of providing industry-wide integration solutions for law firms in the default servicing market, a360inc announced Wednesday it has acquired the CaseAware Suite of technology solutions from KMC Information Systems. A360inc acquired both KMC’s case management system, CaseAware Manage, and its middleware integration module, CaseAware Integrate. A360inc CEO Scott Brinkley says law firms in the mortgage industry can stand to benefit from a more cohesive case management system, and that is what a360inc aims to provide.

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Altisource Welcomes New VP, Head of Valuations

Altisource Welcomes New VP, Head of Valuations

Altisource Portfolio Solutions, a service provider for the real estate and mortgage industries, announced Thursday the addition of a new VP to grow the company’s valuations business and an expansion of its sales team. Phil Huff joined Altisource as VP and Head of Valuations as well as President and CEO of Springhouse, a full-service appraisal management company owned by Altisource. Springhouse is an indirect subsidiary of Altisource Portfolio Solutions. “Phil brings a deep expertise in technology, sales, marketing and business development strategy and an extensive real estate industry network,” said Joseph A. Davila, President of Servicer Solutions at Altisource. “His proven expertise and seasoned network will be a big factor to the success of our Valuation Services business.”

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Ellie Mae Announces 2018 Conference, Hall of Fame, Innovation Awards

Ellie Mae Announces 2018 Conference, Hall of Fame, Innovation Awards

Ellie Mae, a technology solutions provider for the mortgage industry, announced Tuesday registration is open for Ellie Mae Experience 2018, the company’s sixth annual user conference. With an anticipated attendance of 3,300, the 2018 conference will take place at the Wynn Las Vegas with the theme, “Dare to Dream Bigger.” “Ellie Mae Experience provides the backdrop to showcase the accomplishments of our customers, the innovation that shapes mortgage industry, the networking powered by our growing connected community and the training and best practices that drive our collective success,” said Ellie Mae President and CEO, Jonathan Corr.

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Veros Introduces UCD-compliant Solution

Veros Real Estate Solutions, a Santa Ana, California-based technology provider, announced Wednesday a new solution that satisfies the GSEs’ Uniform Closing Dataset requirements, which go into effect next week. “We are pleased to announce our new VeroDATAFI for lenders to be able to comply with the new UCD requirements and address the system and process challenges that September 25th will bring,” said Charles Rumfola, SVP of Strategic Initiatives at Veros. Veros already has a strong relationship with the GSEs. In fact, Rumfola said, “Veros played an integral part in successfully implementing the Uniform Collateral Data Portal (UCDP) for the GSEs, and we are looking to build on that success for UCD.”

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Chronos Offers Data Recently Excluded from Credit Reports

Chronos Offers Data Recently Excluded from Credit Reports

Chronos Solutions, a Coppell, Texas-based real estate financial services provider, announced a new offering Thursday aimed at providing lenders information that was recently removed from credit reports. Starting in July, national credit reporting agencies were no longer permitted to include liens and civil judgment data in their credit reports. The change came as the result of a civil action suit that claimed inclusion of lien and judgment data can wrongfully lower a consumer’s credit score by up to 100 points. The company set out to fill the void in lender information by offering a lien and judgment addendum to its Funding Suite Report.

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MRG Compliance Expert to Speak at Industry Events

MRG Compliance Expert to Speak at Industry Events

Marsha Williams, a compliance expert at Mortgage Resources Group (MRG) will speak at two industry events this month. Williams will discuss “What’s Happening in Residential Mortgage Lending?” at the Texas Association of Bank Counsel Convention in Bastrop, Texas, which takes place September 21-22. She will also be part MBA's Risk Management, QA and Fraud Prevention Forum in Miami, September 24-26. Williams serves as senior attorney at MRG, which has been offering mortgage industry compliance solutions for more than 35 years.

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HouseCanary Secures $31M in Funding

HouseCanary Secures $31M in Funding

HouseCanary, a San Francisco based real estate data analytics and valuation platform, announced today a commitment of $31 million in funding from investors, bringing the company’s total funding to $64 million since it was founded in 2014. Among the investors were Alpha Edison and PSP Growth, a division of PSP Capital, which was founded by former Commerce Secretary Penny Pritzker. HouseCanary also received additional investment from existing investors in its Series B funding. “Our vision continues to be validated by both the technology and real estate industries, and is further underscored by the support from PSP Growth and Penny Pritzker, one of America’s most prominent entrepreneurs and business builders,” said Jeremy Sicklick, CEO of HouseCanary.

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Scott Arnold Promoted to SVP of Finance at DIMONT

Scott Arnold Promoted to SVP of Finance at DIMONT

DIMONT, a Dallas, Texas-based provider of insurance claims and collateral loss mitigation for residential mortgage and auto loans, announced Wednesday Scott Arnold will serve as the company’s SVP of Finance and Administration. With more than 40 years of experience in senior level positions in accounting, finance, and management across several industries, Arnold came to DIMONT in 2016 as VP of Finance. He had previously served as DIMONT’s interim controller twice. Arnold is licensed as a CPA in Texas and Wisconsin and holds a Bachelor of Business Administration in Accounting from the University of Wisconsin-Milwaukee.

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Arch MI, OpenClose Offer Individualized MI Rates in Seconds

Arch MI, OpenClose Offer Individualized MI Rates in Seconds

Arch Mortgage Insurance Company and OpenClose announce Monday an integration aimed at providing “more competitive, sophisticated and dynamic MI pricing solution than conventional rate sheets,” according to Chris Hovey EVP and COO at Arch MI. Arch MI, the flagship private mortgage insurance provider of Greensboro, North Carolina-based Arch Capital Group, and West Palm Beach, Florida-based OpenClose, are collaborating to offer Arch MI RateStar pricing information within the OpenClose LenderAssist loan origination system.

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Clarocity Announces Bill Waltenbaugh as Chief Appraiser

Clarocity Announces Bill Waltenbaugh as Chief Appraiser

Clarocity Corporation, based in Carlsbad, California, announced Monday that Bill Waltenbaugh is taking on the role of Chief Appraiser at Clarocity Valuation Services. Waltenbaugh brings 30 years of real estate industry experience to his new role, including past experience as a Chief Appraiser and Director of Compliance at several appraisal management firms. “Bill Waltenbaugh is a nationally recognized appraiser, with vast experience in ensuring exceptional appraisal quality and compliance,” said Aleksandra James, President of Clarocity Valuation Services.

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