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» VISIT US ONLINE @ DSNEWS.COM 89 Levin College of Law and her Bachelor of Science in from the University of Florida. GEORGIA Altisource Expands Vendor Oversight Platform Alitsource Portfolio Solutions, a mortgage and real estate technology provider with offices in Atlanta, has expanded its Vendorly plat- form, which manages vendor oversight for financial institutions across the entire U.S. Previously, Vendorly was only available to members of the Lenders One Cooperative, a national alliance of independent mortgage professionals. Additionally, Altisource announced a collaboration with Secure Insight to offer settlement agent data and real-time risk rat- ings through the platform. Secure Insight is a database that offers information on vetted mortgage closing professionals. "With Vendorly, we've developed an easy- to-use platform for delivering stronger vendor management across all vendor types," Vendorly VP Jim Vaca said. "Our relationship with Secure Insights allows us to leverage their deep expertise in settlement agent oversight and industry-leading database of over 50,000 vet- ted and rated agents, which has been a decade in the making." Vendorly was created to offer full vendor oversight and improve efficiencies, according to Altisource. In addition to the settlement agent database offered through Secure Insights, Vendorly provides end-to-end vendor oversight with due diligence, document management, annual assessments, and security reviews. "Leveraging Altisource's technology and industry expertise has enabled us to help bring efficiency to our clients' vendor management process," Vaca said. More than 50 customers have adopted the Vendorly platform since its launch. "We have always recognized that lenders are seeking a complete solution for vendor management, one that encompasses the dif- ferent areas of risk and the various vendors that make up the universe of third parties with whom lenders conduct business," said Andrew Liput, President and CEO of Secure Insight. "We are excited to combine our specific expertise in settlement agent oversight with Vendorly's oversight services, uniting our ef- forts to develop an integrated solution that will TEXAS Texas Capital Completes First eClosing Texas Capital Bank has completed its first eClosing via DocMagic's digital mortgage platform, eClose. is makes Texas Capital one of the largest warehouse lenders in the industry to accept and fund eNotes. Dallas-based Texas Capital, which pro- vides warehouse credit facilities for mortgage lenders and originators, recently funded its first eNote, a technology that allows servicers to speed up the closing and loan sales process. According to a release from Texas Capital, the eNote was "instantly delivered to the bank, reg- istered with MERS, and securely stored in Doc- Magic's eVault." It was completed electronically and delivered to Fannie Mae within minutes. Total eClose is a DocMagic platform that offers a digital, paperless closing process. Ac- cording to Texas Capital EVP Donnie Mar- tine, the technology has been a game-changer for the bank. "DocMagic's eClosing and eMortgage so- lutions have provided Texas Capital Bank with the tools necessary to incorporate the funding of eNotes into our everyday operational procedures," Martin said. "We believe the digital mortgage revolution and acceptance of eNotes will continue to grow. We are pleased to have partnered with DocMagic to build out the infrastructure needed to support the eNote funding process at the bank, which in turn supports the trend towards digital mortgages." DocMagic's President and CEO Dominic Iannitti praised Texas Capital for its move toward more digital solutions. "It's very rewarding to support Texas Capital Bank as they move forward and break ground as an eWarehouse leader," Iannitti said. "In this industry, it's forward-thinking, tech-savvy organizations like this that thrive, set the pace and reach their goals. ey un- derstand the fundamental role that advanced technology plays in their—and the indus- try's—progress. We look forward to collabo- rating further as we help drive true end-to-end eMortgage adoption." deliver our risk data on a transaction basis for greater loan efficiency and operational security at the closing table," he said. NORTH CAROLINA Arch MI's RateStar Now Available Via Lender Price Arch Mortgage Insurance Company, a Greensboro, North Carolina-based private mortgage insurer, has integrated with Lender Price, a California-based big data technology provider. Arch MI's RateStar quotes will now be available through Lender Price. Lender Price offers a pricing and prod- uct eligibility solution for mortgage lending professionals. RateStar delivers risk-based mortgage insurance quotes and eligibility information. "Loan originators who use the Lender Price PPE platform now have easy access to RateStar, Arch MI's most dynamic and com- petitive MI rate program," said Chris Hovey, EVP and COO at Arch MI, a wholly owned subsidiary of Arch Capital Group Ltd. Users of Lender Price will be able to in- stantly access RateStar quotes, which will also be accessible within the Lender Price platform, "providing flexibility for lenders who choose to build their own pricing applications using the Lender Price solution," according to Arch MI. "Arch MI is very pleased to partner with Lender Price," Hovey said. "is integration is another example of our commitment to provide innovative and seamless technology solutions to lenders." According to Lender Price Co-founder and CEO Dawar Alimi, "e integration between Arch MI and Lender Price further enhances our best-in-class pricing and product eligibility product." He added, "We are excited to work with Arch MI, a like-minded company committed to enhancing the user experience and stream- lining the mortgage loan process." According to the latest Black Knight Home Price Index (HPI), Texas was one of eight states where home prices hit a new peak in March, with the state coming in at $234,000. KNOW THIS of North Carolina state revenue comes from property taxes. Source: 2017 Tax Foundation Facts & Figures STAT INSIGHT 26.3%

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