Innovative Approach to Digital Home Lending Experience Propels SimpleNexus to Market-Leading Adoption by Loan Originators and Consumers | national news
The award-winning homeownership platform’s user base has swelled 48% since January 2021
LEHI, Utah, October 7, 2021 (SEND2PRESS NEWSWIRE) – SimpleNexus (https://simplenexus.com/), developer of the leading homeownership platform for loan officers, borrowers, real estate agents and Settlement Agents, today announced further steps in the company’s offer to “build the future of mortgages.”
SimpleNexus onboarded over 66 new corporate clients in 2021. The number of active Loan Issuers (LOs) using SimpleNexus at the start of the fourth quarter exceeded 41,000, an increase of 48% from the start of the year. Thanks to SimpleNexus, these LOs connected with more than 5.8 million borrowers and 141,000 real estate partners. So far in 2021, SimpleNexus has reached over $ 419 billion in lending volume.
Since launching Nexus Closing ™ earlier this year, SimpleNexus has rapidly enhanced the single-platform eClosing solution with remote online notarization (RON), eNote and eVault capabilities supported by new strategic integrations with Notarize and DocMagic . Nexus Closing then won the coveted title of Certified Electronic Closing Solutions Provider by Fannie Mae and Freddie Mac in September.
“After a record-breaking 2020 year and a further infusion of support from our investors, SimpleNexus entered 2021 at a fierce pace – and we’ve never let the gas go,” said CEO Cathleen Schreiner Gates. “The pace of innovation at SimpleNexus is overtaking our competition, positioning us as category leaders that lenders, real estate partners and consumers are excited to be a part of. “
Schreiner Gates made a name for himself in the mortgage industry as executive vice president of Ellie Mae (NYSE: ELLI), later acquired by Intercontinental Exchange (NYSE: ICE). She then served as President of SimpleNexus before accepting the company’s top position in May this year. She then revamped the SimpleNexus C suite with the appointments of Kevin McKenzie as COO, John Aslanian as Director of Revenue, and Andria Lightfoot as Director of Clientele.
In August, SimpleNexus earned a spot on the Inc. 5000 list of America’s fastest growing private companies for the fourth year in a row. The company was also named to CB Insights’ Fintech 250 list of the best private fintechs in the world and HousingWire’s Tech 100 list of the most innovative companies in mortgage technology. SimpleNexus debuted on Fast Company’s list of the world’s best workplaces for innovators this year, ranking 47th out of 100.
About SimpleNexus, LLC:
SimpleNexus is a homeownership platform that transforms the mortgage experience and connects borrowers, loan officers, real estate agents and settlement service providers throughout the home buying process. The platform’s native mobile toolset allows lenders to create, process and close home loans from anywhere with increased efficiency and convenience. Loan officers can manage their loan pipelines, order credits, set prices, send pre-approvals, sign disclosures, and run eClosings – all on the go. SimpleNexus gives borrowers a single sign-on experience, from on-demand home search, document downloads, electronic closing and beyond, for a more streamlined homeownership journey.
Twitter: @SimpleNexus #industriemortgage #housing #fintech #home buyers #mortgage # mortgages
NEWS SOURCE: SimpleNexus
This press release has been published on behalf of the information source (SimpleNexus) which is solely responsible for its accuracy, by Send2Press® Newswire. Information is believed to be accurate but is not guaranteed. Story ID: 75718 APDF-R8.2
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