When the Office of the Comptroller of the Currency (OCC) released an update to its Licensing Manual, which allows for FinTech companies to receive bank charter, the decision was met with some criticism. On Wednesday, The Conference of State Bank Supervisors (CSBS) announced that it has filed a complaint in the United States District Court for the District of Columbia against the OCC, claiming that the attempt to create a national nonbank charter will harm markets, innovation, and consumers.
Read More »Roostify Hires New CRO
Roostify has hired Frank Gelbart as the organization’s new Chief Revenue Officer. Under his new position, Gelbart will be in charge of managing partner relationships and driving both new and existing streams of revenue. Gelbart previously founded and served as President and CEO at Appfluent Technology, a business intelligence firm eventually acquired by Attunity.
Read More »Black Knight Integrates eSigning Tech into LOS
Black Knight Financial Services has integrated Docutech's Solex, an eSigning technology into its LOS. Lenders can now access Solex, as well as Docutech's ConformX interface. ConformX auto-populates LOS data to make document preparation easier.
Read More »Texas Capital Completes First eClosing
Thanks to its implementation of DocMagic’s Total eClose platform, Texas Capital Bank has successfully completed and funded it very first eClosing. Now one of the largest warehouse lenders to accept and fund eNotes, Texas Capital has made its first step toward digitization. The bank was praised by DocMagic CEO Dominic Iannitti.
Read More »Black Knight LOS Goes Digital
Black Knight has partnered with Lender Price to offer a completely digital loan application process on its LoanSphere Empower LOS. The platform lets consumers apply for mortgage loans via their mobile device, and it can even verify income, provide property valuations, and deliver real-time interest rates on the spot.
Read More »HouseCanary Offers RE/MAX Agents Pricing Insights
HouseCanary has partnered with RE/MAX to provide its agents with powerful pricing insights. As a part of the partnership, RE/MAX agents can now access HouseCanary Value Reports through the organization’s Approved Suppliers portal. The reports offers accurate home valuations and three-year pricing forecasts.
Read More »Servicing Association Announces Leadership Changes
During the recent meeting of the National Mortgage Servicing Association, Ray Barbone was installed as Chairman of the organization. Barbone, EVP of Mortgage Services at BankUnited will be taking the place of J.K. Huey, SVP of Lending Asset Management and Preservation at Wells Fargo.
Read More »Dart Appraisal, HouseCanary Announce New Valuation Product
Dart Appraisal, an independent appraisal management company, recently announced its collaboration with HouseCanary, a San Francisco-based real estate data analytics company. Through this collaboration, Dart Appraisal will offer a new valuation product to its lender clients.
Read More »Optimal Blue Unveils API Initiative
At the MBA Tech Conference, Optimal Blue unveiled its new Application Programming Interface (API) initiative. The first deliverables available through Optimal Blue’s new API platform allow secure access to pricing for eligible products for both consumer direct and loan officer implementations.
Read More »The Uber Effect
Technology is changing everything. Economically speaking, technology has created the “sharing economy.” This new economic principle has evolved and grown exponentially over the past several years, primarily the result of reliable high-speed Internet and handheld mobile devices.
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