New To Market column: E-mail: | editorial@ambizmedia.com
NEW TO MARKET DECEMBER 2020
Mortgage Guaranty Insurance Corporation and Mortgage Coach are now integrated, making MGIC’s mortgage insurance quotes available through the Mortgage Coach home loan strategy and virtual presentation platform. Calyx’s Path loan origination software is now integrated with Marksman, a product and pricing engine from Mortech. With the integration, Path users will be able to access “accurate, real-time product and pricing information from leading wholesalers, correspondents and investors via the Mortech platform.” Digital lending technology provider eOriginal released ClosingCenter 2.3, which includes a remote online notarization hub that the
company says will increase the flexibility for delivering remote and contactless mortgage closings for lenders. Qualia, a digital real estate closing platform, launched its Physical Document Service. The Physical Document Service gives lenders the ability to automate the management of paper trailing documents from title partners through Qualia. Mortech added new mortgage marketplace partners to give lenders additional market opportunities to advertise real-time mortgage offers and expand reach to customers.
OptifiNow enhanced its integration with MeridianLink’s LendingQB, a browser-based SaaS mortgage loan origination platform. The integration will offer “unique solutions” for wholesale mortgage lenders, according to an OptifiNow. Quontic Bank will be adding its NonQualifying Mortgage service offering to the Lender Price Marketplace. ORSNN, a fintech startup specializing in end-to-end solutions for managing and trading portfolios, launched a private beta platform that provides financial institutions with “a low-cost, transparent and automated loan-trading system.”
Stavvy launched a native eSign functionality in hopes to empower hybrid closings for mortgage lenders and their settlement agents. The new features gives banks, lenders, settlement agents, and borrowers the ability to complete closing transactions remotely by leveraging the Stavvy suite of tools and products as applicable based on local laws or regulations.
First Guaranty Mortgage Corporation relaunched Maverick Solutions, its proprietary Non-QM product line. The company released its Achiever Expanded Credit, Champion Prime Jumbo and Visionary Investment products for wholesale and nondelegated delivery.
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