MORTGAGE AND LENDING
SimpleNexus | September 30, 2022
SimpleNexus, an nCino company and developer of the leading U.S. homeownership platform for loan officers, borrowers, real estate agents and settlement agents, announced today that EMM Loans has chosen SimpleNexus’ Nexus Engagement™ and Nexus Origination™ to power an electronic mortgage experience, attract and retain top talent and garner more business for its retail, wholesale, correspondent and consumer direct lending channels.
Founded in 2004, EMM Loans is a New Jersey-based lender offering private, direct and affordable mortgage loans. With 91 loan officers licensed in 38 states, EMM Loans provides best-in-class customer service using innovative technology. EMM Loans selected SimpleNexus to streamline its homebuyer experience, attract new business and drive referrals from real estate professionals.
EMM Loans will leverage SimpleNexus as a recruiting and retention tool, using its mobile lead engagement tool, Nexus Engagement, and its from anywhere point-of-sale (POS) platform, Nexus Origination, to support collaboration with real estate agents and deliver a better borrower experience. SimpleNexus integrates with EMM Loans’ core technology stack, including its loan origination system (LOS), market analytics and product pricing engine (PPE) and customer relationship management (CRM) platform.
“At EMM Loans, we support our expert team by giving them the innovative tools they need to attract more business and build lasting relationships, SimpleNexus creates some of the strongest digital homebuying tools for mortgage lenders. Adopting its technology will allow our loan originators and real estate partners to provide a streamlined homebuying journey that converts more borrowers and wins customers for life.”
-EMM Loans Senior Vice President Brad Miller
SimpleNexus is thrilled to partner with EMM Loans, a mortgage lender that cares about the experience of its team members and the communities it serves, We look forward to the opportunity to support the exemplary service and award-winning company culture that EMM Loans is known for,said SimpleNexus CEO Ben Miller.
SimpleNexus, an nCino company, is an award-winning developer of mobile-first technology for the modern mortgage lender. U.S. lenders depend on our namesake homeownership platform to unite the people, systems and stages of the mortgage process into a seamless, end-to-end solution that spans engagement, origination, closing and business intelligence. By helping lenders manage their teams and stay connected with borrowers and real estate professionals, we deliver a measurable return on investment in the form of reduced turn times, increased loan application submissions and more referral business. A four-time Inc. 5000 company, SimpleNexus has been recognized as one of the world’s Best Workplaces for Innovators.
REAL ESTATE TECHNOLOGY
Venterra Realty | July 27, 2022
Venterra Realty recently acquired the Keystone Apartments, a community located in Killeen, Texas.
The 212-unit multi-family community offers modern one- and two-bedroom garden-style residences that range from 479 – 916 square feet in six unique floor plans. The apartments feature open concept layouts, private outdoor space, bay windows, vinyl wood flooring, eat-in kitchens, and outdoor storage closets.
Located in the Killeen-Temple market along Interstate-35, the area is strategically located between Austin and Dallas/Fort Worth and is within 180 of all 4 large Texas markets (Houston, Dallas/Fort Worth, San Antonio and Austin). Just minutes to I-14 the property is easily accessible to the area's major employer in Killeen, Fort Hood, a United States Army base that employs 37,000 active-duty military personnel and civilians.
Venterra will complete a unit upgrade program and implement its resident-focused programs such as the Live it. Love it. Guarantee.TM, the 48-Hour Maintenance Guarantee, and SMARTLEASING.
"We have seen excellent growth in the Killeen area, and are excited to expand our Texas portfolio with the addition of Keystone, Venterra has become known as a company that is committed to providing a market-class living experience, and we look forward to identifying opportunities to further enhance the standard of living at Keystone by implementing Venterra's customer-focused management platform," added Venterra Chairman, Andrew Stewart.
John Foresi, CEO of Venterra Realty
Founded in 2001, Venterra Realty owns and manages over 70 communities and more than 20,000 apartment units across 16 US cities that provide housing to over 38,000 people and 12,000 pets. The organization has completed approximately $8.0 billion in real estate transactions and currently manages a portfolio of multi-family real estate assets valued at approximately $4.0 billion. Venterra is committed to improving the lives of its residents by delivering industry-leading customer experience.
REAL ESTATE INVESTMENT
Arc Home LLC | August 24, 2022
Tavant, a Silicon Valley-based provider of industry-leading digital lending solutions, today announced that Arc Home LLC (Arc Home), a full-service residential lender and servicer, operating in the wholesale, correspondent, and retail origination channels, has chosen Tavant to accelerate their digital transformation strategy. A national lender and leader providing a full array of mortgage solutions, Arc Home places customer experience as its priority, and part of that experience is dependent on efficient processes.
Brokers and correspondent lenders demand and deserve an excellent service experience and need partners that offer a complete array of loan products to satisfy the needs of the full spectrum of borrowers they serve. Arc Home plans to expand its lending business using FinXperience, Tavant's intuitive platform of point-of-sale experiences. FinXperience, a VELOX product, implementable across all lending channels, including retail, wholesale, and correspondent, will empower Arc Home's customers with seamless digital lending experiences and the tools they need to be self-sufficient.
"Given Tavant’s depth of features, speed to market, and deep mortgage industry experience, Arc Home found Tavant’s VELOX solution to be the superior option. Enhancing the Arc Home Portal further supports our commitment to growing market share in our broker and correspondent channels, Tavant stood out because of FinXperience Broker's track record in assisting mortgage lenders to succeed in the Third-Party Origination space. With Tavant, we aim to continue Arc Home's tradition of providing innovative financial products in the residential lending market with superior customer service.”
-Katherine Gardner, Chief Production Officer of Arc Home
Unlike others, Arc Home has a unique position of having a wide array of proprietary Non-QM and Non-Agency products. The Arc Access Non-QM line of products allows Arc Home to better and more responsibly serve customers' needs by filling a market void where borrowers cannot obtain traditional agency loans.
Tavant is assisting Arc Home LLC with FinXperience, a component of the VELOX suite, which will provide a seamless digital lending process with improved loan fulfillment efficiencies to its growing network of brokers, Our goal has been to help our clients create value for their customers and partners (and Third-Party Originators) and implement growth strategies. In the current market situation, we are helping ARC Home provide non-QM loan products to the market through their Third-Party Originators, which streamlines application intake and submission, digitizes the loan file that optimizes loan fulfillment, and eventually helps ARC Home improve conversion, cut down on cycle times, and improve on their loan margins. VELOX delivers best-in-class lender and borrower experiences, and Tavant will continue to accelerate loan manufacturing and improve loan quality for mortgage lenders like Arc Home,said Hassan Rashid, Chief Revenue Officer at Tavant.
In addition to FinXperience Broker, Tavant will also launch FinXperience Correspondent, both Delegated and Non-Delegated, at Arc Home.
As a leading Fintech software and solutions provider for more than 20 years, Tavant proactively anticipates customer needs and adjusts accordingly to provide the right configurable solutions. Arc Home LLC joins Tavant's growing customer base, which originates one out of every three loans in the United States. Tavant's VELOX product suite, which now includes Touchless LendingTM, maximizes data-driven decision-making to solve even the most complex lender and borrower challenges.
Headquartered in Santa Clara, Calif., Tavant is a digital products and solutions company that provides impactful results to its customers across North America, Europe, and Asia-Pacific. Founded in 2000, the company employs over 3000 people and is a recognized top employer. Tavant is creating an AI-powered intelligent lending enterprise by reimagining customer experiences, driving operational efficiencies, and improving collaboration.
About Arc Home LLC
Arc Home is a full-service lender and servicer whose mission is to provide customers with a comprehensive array of mortgage solutions with an emphasis on specialty products. Placing customer service and satisfaction as the number one priority, Arc Home provides a top-tier staff of knowledgeable and friendly team members who excel at providing efficient, successful loan services with competitive pricing.