Latest news with #Encompass®
Associated Press
08-05-2025
- Business
- Associated Press
Argyle integrates with Tidalwave to deliver embedded, real-time verification of income and employment
- New integration gives lenders faster, more efficient VOIE while improving the borrower experience - NEW YORK CITY, N.Y., May 8, 2025 (SEND2PRESS NEWSWIRE) — Argyle, a service provider automating income and employment verifications for some of the largest lenders in the United States, today announced its integration with Tidalwave, an agentic AI mortgage point-of-sale (POS) platform. The integration embeds Argyle's verification of income and employment (VOIE) solution directly into Tidalwave's borrower workflow, eliminating manual steps and accelerating loan origination as lenders prepare for a more active housing market. Through this integration, borrowers can connect their payroll provider and verify income and employment data within Tidalwave's Form 1003 application process, removing the need for separate emails or external verification steps. Loan officers can view verification status in real time and request VOIE at any stage of the loan lifecycle, whether at application or later in the process based on lender preferences. KEY INTEGRATION BENEFITS: 'Lenders no longer have to choose between borrower convenience and quality verification data; the integration between Tidalwave and Argyle delivers both,' said John Hardesty, vice president of mortgage at Argyle. 'By embedding verification at the point of sale, we help lenders move loans through the process faster while ensuring income and employment data remains accurate and complete.' 'Tidalwave leverages agentic AI to keep borrowers engaged while streamlining workflows for lenders,' said Tidalwave Co-founder and CEO Diane Yu. 'By integrating Argyle's verification solution, we reinforce our dedication to delivering an AI-driven mortgage experience that is smarter, faster and more intuitive.' 'At GNB Mortgage, we're always looking for ways to streamline our processes and better serve our customers. This integration is a testament to what's possible when technology providers work together—it gives us timely, reliable data that supports faster, more informed lending decisions,' said Paige Hagerhorst, SVP of operations and technology at GNB Mortgage. Tidalwave supports a range of loan origination systems, including Encompass® from ICE Mortgage Technology ®, MeridianLink and Calyx, ensuring seamless data interoperability. The Argyle integration is available now to mutual customers, including Great Northern Bank, with expanded availability expected in the coming months. About Argyle: Argyle is the leading provider of direct-source, consumer-permissioned income and employment verifications, making it fast and easy to gain secure and reliable access to the most complete real-time datasets stored in consumers' payroll accounts. With Argyle, lenders automate verification workflows to save time, reduce fraud and compliance risks, lower costs, and build better product experiences. As an authorized report supplier for Fannie Mae's Desktop Underwriter® validation service and an approved service provider supporting Freddie Mac's Loan Product Advisor® asset and income modeler (AIM), Argyle empowers mortgage lenders to auto-retrieve paystubs and W-2s, understand consumers' ability to pay and improve loan quality—all at 60–80% less cost. Argyle's commitment to innovation is backed by investors including Bain Capital Ventures, SignalFire, Checkr and Rockefeller Asset Management. For more information on Argyle's industry-leading VOIE platform, visit About TidalWave: TidalWave is an agentic AI mortgage POS+ startup that streamlines loan origination through automation and generative AI. TidalWave's platform integrates directly with Fannie Mae's Desktop Underwriter and Freddie Mac's Loan Product Advisor systems, enabling real-time underwriting decisions and reducing manual processes for lenders and borrowers. Tags: @withArgyle @tidalwave_ai #mortgage #lending NEWS SOURCE: Argyle ### MEDIA ONLY CONTACT: (not for publication online or in print) Leslie W. Colley Depth for Argyle [email protected] (678) 622-6229 ### Keywords: Mortgage, loan origination systems, Argyle,, AI mortgage point-of-sale, verification of income and employment, NEW YORK CITY, N.Y. This press release was issued on behalf of the news source (Argyle) who is solely responsibile for its accuracy, by Send2Press® Newswire. Information is believed accurate but not guaranteed. Story ID: S2P126059 APNF0325A To view the original version, visit: © 2025 Send2Press® Newswire, a press release distribution service, Calif., USA. RIGHTS GRANTED FOR REPRODUCTION IN WHOLE OR IN PART BY ANY LEGITIMATE MEDIA OUTLET - SUCH AS NEWSPAPER, BROADCAST OR TRADE PERIODICAL. MAY NOT BE USED ON ANY NON-MEDIA WEBSITE PROMOTING PR OR MARKETING SERVICES OR CONTENT DEVELOPMENT. Disclaimer: This press release content was not created by nor issued by the Associated Press (AP). Content below is unrelated to this news story.
Associated Press
30-04-2025
- Business
- Associated Press
Envoy Mortgage expands down payment assistance reach with Down Payment Resource partnership after successful pilot
- Pilot results spark full rollout of Down Payment Resource tools to boost efficiency and expand access - ATLANTA, Ga., April 30, 2025 (SEND2PRESS NEWSWIRE) — Down Payment Resource (DPR), the housing industry's leading provider of technology that connects homebuyers with homebuyer assistance programs, today announced that Envoy Mortgage (Envoy) will implement DPR's suite of software tools across its national footprint. The move follows a successful pilot and reflects Envoy's commitment to expanding down payment assistance (DPA) offerings while maintaining operational efficiency and reducing repurchase risk. Founded in 1997 as First Houston Mortgage, Envoy has helped more than 200,000 homebuyers across nearly 49 states. With a 98% customer satisfaction score, the Houston-based mortgage company has long prioritized both service and innovation. As its lending operations continue to scale nationwide, Envoy recognized the need for a more robust, data-driven approach to managing DPA programs. 'Partnering with DPR allows us to accelerate our goal of making affordable homeownership accessible to more people without needing to add headcount,' said Katrina Cummins, senior vice president of strategic initiatives at Envoy. 'Its platform helps us streamline DPA management, while giving our teams the tools they need to better serve borrowers at every income level.' During the pilot, Envoy documented significant time savings and process efficiencies, eliminating the need for an additional full-time hire, saving an estimated $70,000 to $80,000 annually. Beyond cost savings, the integration supports more informed lending decisions and a lower loan-to-value ratio for qualifying borrowers and is key to increasing access for low-to-moderate-income buyers. 'Down payment assistance can make a critical difference for homebuyers, especially those just starting their wealth-building journey,' said Jesse Passafiume, president of Envoy. 'DPR's platform has been a game-changer, reducing risk and enabling our team to offer these programs with greater confidence.' Envoy is currently rolling out DPR's technology across its branches. Phase 1 includes training for loan officers and underwriters, while Phase 2 will focus on integrating DPR directly into Envoy's Encompass® loan production system. Phase 3 will explore API integration to capture qualified DPA leads in real time. 'Envoy is known for its people-first approach and high-touch service,' said Rob Chrane, founder and CEO of DPR. 'With this partnership, it's expanding what's possible for buyers across the country. We're proud to support Envoy's efforts to make DPA more accessible, efficient, and impactful.' About Down Payment Resource: Down Payment Resource (DPR) is the housing industry authority on homebuyer assistance program data and solutions. With a database that tracks more than 2,500 programs and toolsets for mortgage lenders, multiple listing services (MLSs) and API users, DPR helps housing professionals connect homebuyers with the assistance they need. DPR frequently lends its expertise to nonprofits, housing finance agencies, policymakers, government-sponsored enterprises and trade organizations seeking to improve housing affordability. Its technology is used by seven of the top 25 mortgage lenders, the three largest real estate listing websites and 600,000 real estate agents. For more information, visit X: @DwnPmtResource #downpaymentassistance #homeownership #housingaffordability NEWS SOURCE: Down Payment Resource ### MEDIA ONLY CONTACT: (not for publication online or in print) Elizabeth Schroeder Depth for Down Payment Resource (209) 774-6555 [email protected] ### Keywords: Mortgage, Down Payment Resource, housing industry authority, homebuyer assistance program data and solutions, ATLANTA, Ga. This press release was issued on behalf of the news source (Down Payment Resource) who is solely responsibile for its accuracy, by Send2Press® Newswire. Information is believed accurate but not guaranteed. Story ID: S2P125839 APNF0325A To view the original version, visit: © 2025 Send2Press® Newswire, a press release distribution service, Calif., USA. RIGHTS GRANTED FOR REPRODUCTION IN WHOLE OR IN PART BY ANY LEGITIMATE MEDIA OUTLET - SUCH AS NEWSPAPER, BROADCAST OR TRADE PERIODICAL. MAY NOT BE USED ON ANY NON-MEDIA WEBSITE PROMOTING PR OR MARKETING SERVICES OR CONTENT DEVELOPMENT. Disclaimer: This press release content was not created by nor issued by the Associated Press (AP). Content below is unrelated to this news story.
Associated Press
29-04-2025
- Business
- Associated Press
Victorian Finance Switches to LiteSpeed by LenderLogix for Point-of-Sale
- LiteSpeed provides digital-first, mobile-friendly capabilities, enhancing borrower experiences - BUFFALO, N.Y., April 29, 2025 (SEND2PRESS NEWSWIRE) — LenderLogix, a leading provider of mortgage point-of-sale and automation software for banks, credit unions, independent mortgage banks, and brokers, today announced that Victorian Finance, an independent mortgage lending company, has implemented LiteSpeed™ to replace its legacy point-of-sale (POS) system. Victorian Finance will use LiteSpeed to provide borrowers with an automated, digital-first mortgage experience. Image caption: LenderLogix. > 'With LiteSpeed, we're well-positioned to meet the evolving needs of our borrowers by leveraging features and functionality that weren't previously available to us,' said Victorian Finance President Sonny Bringol. 'Its advanced capabilities allow us to streamline processes, enhance efficiency, and improve the borrower experience in ways that weren't possible before. With LiteSpeed, we can scale more effectively and deliver faster, smoother loans.' LiteSpeed allows loan officers (LOs) to provide personalized application links with customized document checklists, simplifying lending processes for both borrowers and LOs. Borrowers can upload files through a user-friendly interface. Files are automatically integrated into Encompass®, saving LOs significant time by eliminating manual handling. LiteSpeed accelerates loan approvals and enhances efficiency for all parties involved by automating repetitive tasks and reducing processing delays. The platform is fully customizable to align with an institution's branding, mobile-friendly and SOC 2 compliant. 'LiteSpeed is designed to help lenders simplify their workflows and connect with borrowers more effectively,' said LenderLogix Co-Founder and CEO Patrick O'Brien. 'We're committed to equipping our clients with tools that drive efficiency while delivering an experience borrowers expect in today's digital-first environment.' Visit to request a demo. About LenderLogix LenderLogix leverages the four decades of firsthand mortgage origination and real estate experience of its executive team to design customized software to meet the needs of today's mortgage lenders. The company's suite of products addresses the speed at which today's real estate market moves by delivering technology solutions that create agile and informed borrowers, build strong referral partners and ultimately save lenders time and money. For more information, visit NEWS SOURCE: LenderLogix ### MEDIA ONLY CONTACT: (not for publication online or in print) Lindsey Neal Depth for LenderLogix (404) 549-9282 [email protected] ### Keywords: Mortgage, LenderLogix, mortgage origination and real estate, fintech, automation software for banks, credit unions, independent mortgage banks, BUFFALO, N.Y. This press release was issued on behalf of the news source (LenderLogix) who is solely responsibile for its accuracy, by Send2Press® Newswire. Information is believed accurate but not guaranteed. Story ID: S2P125795 APNF0325A To view the original version, visit: © 2025 Send2Press® Newswire, a press release distribution service, Calif., USA. RIGHTS GRANTED FOR REPRODUCTION IN WHOLE OR IN PART BY ANY LEGITIMATE MEDIA OUTLET - SUCH AS NEWSPAPER, BROADCAST OR TRADE PERIODICAL. MAY NOT BE USED ON ANY NON-MEDIA WEBSITE PROMOTING PR OR MARKETING SERVICES OR CONTENT DEVELOPMENT. Disclaimer: This press release content was not created by nor issued by the Associated Press (AP). Content below is unrelated to this news story.
Associated Press
15-04-2025
- Business
- Associated Press
Tidewater Mortgage Services Replaces Legacy POS with LiteSpeed from LenderLogix
- LiteSpeed optimizes digital application processes and enhances the borrower experience - BUFFALO, N.Y., April 15, 2025 (SEND2PRESS NEWSWIRE) — LenderLogix, a leading provider of mortgage point-of-sale and automation software for banks, credit unions, independent mortgage banks, and brokers, today announced Tidewater Mortgage Services (Tidewater), a retail mortgage lending company, has replaced its legacy point-of-sale (POS) technology with LiteSpeed, thus expanding its partnership with the company. In addition to Fee Chaser™, Tidewater will now use LiteSpeed as the point-of-sale to automate mortgage processes and provide borrowers with a digital-first experience. 'We needed a POS platform that offered a more intuitive, borrower-friendly application process and greater automation than our previous platform,' said Tidewater VP of Project Management, Mike Martin. 'LiteSpeed delivers on those needs, allowing us to streamline workflows, reduce friction for borrowers and ultimately close loans more efficiently. Our experience with Fee Chaser had already demonstrated LenderLogix's reliability and efficiency, so expanding our partnership with LiteSpeed was the clear next step.' LiteSpeed is designed to simplify the lending process for both borrowers and lenders. With its AI-driven capabilities, the platform enables loan officers to provide personalized application links that generate customized document checklists, streamlining submissions. Borrowers benefit from a user-friendly interface for uploading files, which are automatically integrated into Encompass®, eliminating time-consuming manual handling. Fully customizable to match an institution's branding, LiteSpeed is mobile-friendly and adheres to rigorous security standards, including SOC 2 compliance. By automating repetitive tasks and reducing processing delays, the platform not only accelerates loan approvals but also delivers a smoother, more efficient experience for borrowers and lenders alike. 'LiteSpeed delivers a seamless mobile experience that provides a competitive advantage for lenders trying to get ahead in a market where consumers demand convenience,' said LenderLogix Co-Founder and CEO Patrick O'Brien. 'By supporting and enhancing early customer engagement, we're empowering our customers to deliver exceptional borrower experiences at a cost-efficient price.' Visit to request a demo. About LenderLogix LenderLogix leverages the four decades of firsthand mortgage origination and real estate experience of its executive team to design customized software to meet the needs of today's mortgage lenders. The company's suite of products addresses the speed at which today's real estate market moves by delivering technology solutions that create agile and informed borrowers, build strong referral partners and ultimately save lenders time and money. For more information, visit NEWS SOURCE: LenderLogix ### MEDIA ONLY CONTACT: (not for publication online or in print) Lindsey Neal Depth for LenderLogix (404) 549-9282 [email protected] ### Keywords: Mortgage, LenderLogix, mortgage point-of-sale and automation software for banks, credit unions, independent mortgage banks, and brokers, BUFFALO, N.Y. This press release was issued on behalf of the news source (LenderLogix) who is solely responsibile for its accuracy, by Send2Press® Newswire. Information is believed accurate but not guaranteed. Story ID: S2P125506 APNF0325A To view the original version, visit: © 2025 Send2Press® Newswire, a press release distribution service, Calif., USA. RIGHTS GRANTED FOR REPRODUCTION IN WHOLE OR IN PART BY ANY LEGITIMATE MEDIA OUTLET - SUCH AS NEWSPAPER, BROADCAST OR TRADE PERIODICAL. MAY NOT BE USED ON ANY NON-MEDIA WEBSITE PROMOTING PR OR MARKETING SERVICES OR CONTENT DEVELOPMENT. Disclaimer: This press release content was not created by nor issued by the Associated Press (AP). Content below is unrelated to this news story.
