AUSTIN, Texas, Nov. 20, 2025 (SEND2PRESS NEWSWIRE) — FirstClose™, a leading fintech provider of data and workflow solutions for mortgage and home equity lenders nationwide, announced today that Lake Michigan Credit Union (LMCU) has implemented FirstClose’s Equity Order Management to automate settlement workflows for its home equity lending operations.
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Finance News
Press Release: DocMagic enhances Total eClose platform with new IPEN capability for broader digital closing flexibility
TORRANCE, Calif., Nov. 20, 2025 (SEND2PRESS NEWSWIRE) — DocMagic, Inc. announced today the availability of its in-person electronic notarization (IPEN) capability, extending the company’s Total eClose™ platform to support more closing scenarios and borrower preferences across the country. IPEN offers lenders, settlement agents, notaries and borrowers an additional digital option for situations where remote online […]
Press Release: ACES Q2 2025 Mortgage QC Industry Trends Report shows modest rise in critical defect rate as refinance complexity tests loan quality
DENVER, Colo., Nov. 18, 2025 (SEND2PRESS NEWSWIRE) — ACES Quality Management® (ACES), the leading provider of enterprise quality management and control software for the financial services industry, today announced the release of its quarterly ACES Mortgage QC Industry Trends Report covering the second quarter (Q2) of 2025. The report analyzes post-closing quality control data derived […]
Press Release: MMI Honored with 2025 AI Pioneer Award for Innovative Use of Artificial Intelligence in Mortgage Technology
SALT LAKE CITY, Utah, Nov. 18, 2025 (SEND2PRESS NEWSWIRE) — Mobility Market Intelligence (MMI), the leader in mortgage technology, has been recognized with the 2025 AI Pioneer Award by PROGRESS in Lending Association for leveraging artificial intelligence like ChatMMI cross its platform to deliver to deliver real, measurable outcomes for lenders-from opportunity discovery and timely […]
Press Release: Rice Park Acquires Rosegate Mortgage, Enhancing End-to-End Mortgage Capabilities and MSR Investment Platform
CHARLOTTE, N.C. and PLYMOUTH, Minn., Nov. 14, 2025 (SEND2PRESS NEWSWIRE) — Rice Park Capital Management LP (“Rice Park”), a Minneapolis-based private investment firm specializing in mortgage servicing rights (MSRs), announced today that it has acquired Rosegate Mortgage, LLC (“Rosegate Mortgage”), NMLS #2020757, a retail and consumer-direct mortgage lender headquartered in Charlotte, NC.
Press Release: Velocity Credit Union Introduces ‘Buy Now, Pay Later’ to Give Members Greater Financial Flexibility
AUSTIN, Texas, Nov. 13, 2025 (SEND2PRESS NEWSWIRE) — Velocity Credit Union (Velocity) has announced the launch of a new Buy Now, Pay Later (BNPL) program designed to give members greater financial flexibility and control over their everyday spending. A financial institution with over $1 billion in assets and serving over 80,000 members, Velocity is introducing […]
Press Release: The Mortgage Collaborative Charts 2026 Strategy Focused on Connection, Growth and Industry Resilience
SAN DIEGO, Calif., Nov. 13, 2025 (SEND2PRESS NEWSWIRE) — As lenders continue to navigate a shifting housing market marked by volatility, margin pressure and rapid technological change, The Mortgage Collaborative (TMC) is doubling down on what it believes is the industry’s greatest strength: connection.
Press Release: Cloudvirga’s Loan Hub equips loan teams with modern tools for managing pipelines, tasks and borrower communication
IRVINE, Calif., Nov. 13, 2025 (SEND2PRESS NEWSWIRE) — Cloudvirga, a Stewart-owned provider of digital point-of-sale platforms for lenders, today announced the launch of its new Loan Hub for lenders seeking an optimized loan team experience. The Loan Hub gives loan officers, LO assistants and processors a modern, intuitive workspace to manage their pipelines, collaborate with […]
Press Release: Optimal Blue report: October lock volume holds second-highest level in three years
PLANO, Texas, Nov. 11, 2025 (SEND2PRESS NEWSWIRE) — Optimal Blue today released its October 2025 Market Advantage mortgage data report, showing that rate-lock activity remained strong despite seasonal cooling and continued to outpace last year’s levels. Total lock volume fell 4.2% month over month (MoM) from September’s peak but was still up 18% year over […]
Press Release: MMI’s Chief Technology Officer Dan Jones Named 2025 HousingWire Tech Trendsetter
SALT LAKE CITY, Utah, Nov. 10, 2025 (SEND2PRESS NEWSWIRE) — HousingWire has recognized Dan Jones, Chief Technology Officer at Mobility Market Intelligence (MMI), as one of its 2025 Tech Trendsetters – an annual honor celebrating 75 technology leaders who are shaping the future of housing through innovation.
