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Recent headlines from Depth's innovative mortgage and fintech clients

Depth helps digital mortgage vendors of all stripes — from fintech startups to established financial software providers — with results-oriented mortgage public relations and marketing services.

Federal funds fuel quarterly growth in U.S. down payment assistance programs, which now number 2,415

ATLANTA, Ga., July 23, 2024 (SEND2PRESS NEWSWIRE) — Down Payment Resource (DPR), the housing industry authority on homebuyer assistance program data and solutions, today released its Q2 2024 Homeownership Program Index (HPI) report. The Q2 report saw the national homebuyer assistance programs increase by 42 to 2,415 – the highest count on record. Much of this quarter’s increase in program count was due to local agencies pulling more heavily from federal funding to support homebuyer assistance.

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Optimal Blue Launches New Generative AI Assistant Capabilities

PLANO, Texas, July 23, 2024 (SEND2PRESS NEWSWIRE) — Optimal Blue today announced the delivery of generative AI capabilities centered on helping lenders maximize profitability on every loan transaction. Through direct engagement with its thousands of clients, the company has begun delivering generative AI capabilities built for secondary-market-specific use cases and purposefully designed to solve the real-world challenges that mortgage lenders face.

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LenderLogix Q2 2024 Homebuyer Intelligence Report Data Shows Home Buying Activity and Fees Collected by Fee Chaser Remain Steady Thus Far in 2024

BUFFALO, N.Y., July 16, 2024 (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 the latest release of the Homebuyer Intelligence Report, a quarterly summary of insights into borrower behavior during the home buying process based on data collected by the LenderLogix suite of tools. The latest report covers data collected during the pre-approval and borrower application process during the second quarter (Q2) of 2024.

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Falling Home Prices and Purchase Mortgage Locks Reveal a Stagnant Late-Spring Housing Market

PLANO, Texas, July 10, 2024 (SEND2PRESS NEWSWIRE) — Optimal Blue today released its June 2024 Market Advantage mortgage data report, which revealed a stagnant late-spring housing market as home prices dropped for the first time in 2024 and purchase lock counts fell 8% over the previous year. All mortgage lock figures in this news release have been controlled for fewer market days in June.

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Dovenmuehle’s Bernadette McDonnell named 2024 Mortgage Star Award Winner by Mortgage Women Magazine

LAKE ZURICH, Ill., July 9, 2024 (SEND2PRESS NEWSWIRE) — Dovenmuehle Mortgage, Inc. (Dovenmuehle), a leading mortgage subservicing company, announced today that Vice President Bernadette McDonnell has been selected by Mortgage Women Magazine for its 2024 Mortgage Star Award. McDonnell was chosen for her significant contributions to the industry and dedication to Dovenmuehle over the past four decades.

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Vice Capital Markets Launches Integration with Fannie Mae Mission Score API

NOVI, Mich., July 9, 2024 (SEND2PRESS NEWSWIRE) — Vice Capital Markets, a leading mortgage hedge advisory firm for independent lenders, banks and credit unions, announced today it has integrated the Fannie Mae® Mission Score application programming interface (API) into its trading portal, allowing current clients to take advantage of pricing and best execution decisions to improve gain-on-sale.

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Eighteen homebuyer assistance programs offering up to $117,000 are available to help people with disabilities and family caregivers purchase or modify a home

ATLANTA, Ga., July 9, 2024 (SEND2PRESS NEWSWIRE) — In celebration of Disability Pride Month in July, Down Payment Resource (DPR) is highlighting 18 U.S. homebuyer assistance programs that are specifically designed to support people with disabilities and their family caregivers on their journey toward homeownership. While people with disabilities may be eligible for any of the 2,300-plus U.S. homebuyer assistance programs in DPR’s database, 18 are specifically developed to promote accessibility and inclusivity for aspiring homeowners with disabilities.

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Floify’s President and General Manager Sofia Rossato named to 2024 HousingWire Women of Influence and Inman Best in Finance lists

BOULDER, Colo., July 1, 2024 (SEND2PRESS NEWSWIRE) — Floify, the mortgage industry’s leading point-of-sale (POS) solution, today announced that Sofia Rossato, its president and general manager, has received two new honors, being named to HousingWire’s Women of Influence and Inman’s Best in Finance list. The Inman award is the second in a row for Rossato.

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