LOS

Binh Dang has resigned as president of LendingQB, the company confirmed Thursday.

Black Knight Financial Services has integrated technology from Fannie Mae and Freddie Mac with its LoanSphere Empower and LendingSpace loan origination systems.

Multichannel loan origination system provider OpenClose has added a rate sheet generator to its product and pricing engine.

In order for the mortgage industry and its technology to evolve in the future, lenders and servicers must redefine their expectations for connectivity and demand more open integrations between the systems they use.

Ellie Mae has integrated settlement software from Qualia with its Encompass platform.

New specifications for Fannie Mae and Freddie Mac's common mortgage application unveiled Tuesday add data points and remove obsolete questions, as well as include additional capabilities to promote digital mortgage workflows.

Clara, a new online mortgage lender, has launched with $27 million in equity financing.

Mortgage closing technology company Snapdocs has released a new suite of tools tailored to meet the needs of settlement and title companies.

Ellie Mae has commenced a follow-on offering of 2.75 million shares of its common stock. In addition, Ellie Mae plans to grant the underwriters of the transaction a 30-day option to buy 412,500 shares at the public offering price.

Mid America Mortgage in Addison, Texas, has executed its first electronic closing and e-note through its retail origination channel. The closing builds on the company's plan to expand e-closings and e-notes across all of its origination channels.