Qvault, Essex Junction, Vt., has released version 2.5 of its Status Sweep software, a tool that works in conjunction with Calyx Point to provide pipeline management and other tools for originators.Features in the new version include enhanced support for mortgage teams. "Originators are realigning their organizations around a team concept," said managing partner Rob Cecil. "We have had clients and prospects alike tell us they are planning to move away from the traditional 'loan officer-processor' model to more of a team environment." Version 2.5 also provides a significant increase in vendor or supply chain communication. Status Sweep was designed especially for a mortgage lending customer who needed to track and then provide access to the status of events using the Point database. Today, Qvault markets the software nationwide. Qvault can be found on the Internet at http://www.qvault.com.
-
Transunion will offer the credit scoring model for $4 in 2026, following previous moves made by VantageScore partners Experian and Equifax.
4h ago -
Flagstar shareholders approved a plan to merge its holding company into the bank; Huntington tapped a new chief auditor, along with two new business leaders; First Foundation hired a new chief credit officer; and more in this week's banking news roundup.
October 17 -
Approximately three years after the one-time non-depository bought Roscoe (Texas) State Bank, Cornerstone Capital Bancorp agreed to purchase Peoples Bancorp.
October 17 -
Regulators also accused Southern California-based E Mortgage of failing to properly supervise remote employees and cooperate with their examinations.
October 17 -
While borrowing activity increased from a year ago, seasonal patterns and economic concerns suggest near-term slowing, the Mortgage Bankers Association said.
October 17 -
Solve stages an acquisition, Intercontinental Exchange partners on new indices, Optimal Blue adds updates and Incenter offers a CRA loan trading platform.
October 17