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MortgagePoint_May2023

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May 2023 » thefivestar.com 9 May 2023 M T E C H • Automated settlement/closing fee quotes that include local recording fees, transfer taxes, along with title insurance policy and endorsement rates through First American's Com- prehensive Calculator BLACK KNIGHT LAUNCHES MOBILE APP FOR THE OPTIMAL BLUE PPE B lack Knight, Inc. has announced the release of a new mobile app for the Optimal Blue PPE. Now available for iOS users, the Optimal Blue PPE (OB) Mobile app provides loan officers with the flexibility to access scenario pricing functionality from any location to assist in conversations with prospective borrowers. The app also provides users with access to an array of pricing inputs and granularity, including the ability to view custom fields and save favorites, functions currently available on the web version of the Optimal Blue PPE. "We are highly engaged with our clients, and we continuously look for ways to better serve their needs," said Kevin McMahon, President of Optimal Blue, a division of Black Knight. "Our decision to enhance our digital capabilities to deliver OB Mobile is a direct out- come of this feedback; our clients told us they preferred a mobile app over a mobile-friendly website, and we delivered. OB Mobile is an ex- tension of our commitment to both our clients and ongoing innovation, and we look forward to continued investments to serve the market." OB Mobile allows users to price scenarios and save favorites to a dashboard for quick access. With a single tap, scenarios can be refreshed to show the best product, rate, and price, as well as any interest rate movement on a given day. The app displays an array of pricing inputs and granularity currently available on the web version of the Optimal Blue PPE, including custom fields. All eligi- ble products and rates are presented, includ- ing any adjustments, notes, and advisories. Ineligible products are also displayed, along with a reason for ineligibility. "The flexibility to access quotes anytime and anywhere adds valuable time back in a busy loan officer's day," McMahon said. "Most importantly, it helps them provide the best pos- sible experience to prospective homebuyers, which is crucial in today's competitive market." ENDPOINT LAUNCHES SIGNING SERVICE FOR MOBILE NOTARIES E ndpoint, a digital title and settlement company, has announced the launch of Jot, a new platform that will streamline real estate transactions by con- necting experienced notary signing agents with home buyers and sellers. Notaries who join the Jot network will have access to real estate transactions man- aged by Endpoint and First American Title, providing the opportunity to receive a steady stream of signings. Led by industry veteran Jaclyn Fox, Jot combines proprietary technology with the hu- man touch of a dedicated management team to provide notaries with what they need when they need it, creating a better overall experi- ence for home buyers and sellers and notaries. "Endpoint's mission is building the first end-to-end digital and title settlement experience to make the closing process easy for all, and that inspired the creation of Jot," Endpoint CEO Scott Martino said. "Find- ing a notary to manage the signing process can be time-consuming and stressful. Jot's proprietary technology matches home buyers and sellers with a qualified notary for their transaction and makes it easy for notaries to accept assignments that fit within their schedule, while providing the tools to suc- cessfully manage their business and access to professional development resources." Developed with mobile notaries in mind, Jot's platform notifies notaries of signing opportunities and provides real-time notifications that help them to manage their business from their desktop or phone. The platform also automates payments, so notaries receive weekly payments without the hassle of submitting an invoice. In addition, Jot will provide notaries with an op- portunity to be a part of a community, giving them access to workshops and other resourc- es that allow them to build their professional network and help grow their business. MMI ADDS VIDEO PRODUCTION TOOL FOR LOAN ORIGINATOR PROMOTION M obility Market Intelligence (MMI) has announced the release of LO Highlight Reels, an easy-to-use video creation tool for loan originators (LOs) looking for an eye-catching way to share their success and increase their visibility. With their LO Highlight Reel, an LO can generate a video reel summing up their last 12 months of loan production and then share their unique reel URL across their professional network. The LO Highlight Reel tool supplies users with a customizable, mobile-friendly video featuring their own up-to-date production numbers, ensuring a visually pleasing, always current video. Once created, each LO's reel will continuously update with market data from the MMI platform to stay current, meaning it can always be safely shared without fear of the data falling out of date. Additionally, an LO can customize their attached profile to include their headshot, contact info, social links, relevant disclosures, and even a call-to-action button. Beyond sharing the custom URL, LOs can also embed the video on their personal website. "The LO Highlight Reels started as a way for MMI to show our clients what the num- bers behind their past year looked like, but in a really visual and fun way. We debuted the reels at a couple of conferences last fall, and they were a huge hit. We were imme- diately inundated with requests from LOs who wanted to create the videos themselves and share them with their network and on social media," MMI Founder and CEO Ben Teerlink said. "We took that request and ran with it. Now, MMI users can create and share their own LO Highlight Reels whenever and wherever they please."

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