News & Insights
January, 22nd, 2020 // Brian Vieux
FinLocker, a personal finance management tool, is revolutionizing the way consumers start, plan, and achieve their financial goals
January, 9th, 2020 // Microsoft Announcement
November, 21st, 2019 // Cision PRWeb Announcement
November, 18th, 2019 // 2019 Best Tech Start Ups in St Louis - Tech Tribune
November, 13th, 2019 // FinLocker Digital Mortgage Conference 2019
September, 25th, 2019 // FinLocker introduces personal financial assistant
September, 10th, 2019 // FinLocker adds Equifax Consumer Credit Solutions
August, 13th, 2019 // Vantage Score presents Peter Esparrago
FinLocker and ARIVE announce strategic partnership to provide mortgage brokers with a lead-to-loan and customer-for life platform.
July, 30th, 2019 // FinLocker and ARIVE announcement
FinLocker Adds Industry Veteran Brian Vieaux as Their New President, Industry veteran, Brian Vieaux, departs his post at Flagstar Bank as Senior Vice President, Third Party Originations and joins FinLocker as President.
July, 10th, 2019 // Brian Vieaux Interview Video
FinLocker Positions for Business Development and Sales Expansion with Addition of Brian Vieaux as President
July, 9th, 2019 // Cision PRWeb
November 2, 2018 // Silicon Prairie News
August 14, 2018 // PRWebFinLocker, a financial data and analytics company, announced today the approval of its asset verification solution as part of Fannie Mae’s® Desktop Underwriter® (DU®) validation service. Lenders now have access to FinLocker's asset verification reports via DU and are eligible to receive Day 1 Certainty® from Fannie Mae, which includes representation and warranty relief, when asset data is validated through the DU validation service.
July 30, 2018 // PRWebFinLocker, a financial data and analytics company, is pleased to announce the approval of a third patent, further innovating their proprietary analytics engine and digital vault functionality. This most recent patent adds to the FinLocker's patent strategy, locking in their distinct capabilities and substantiating the uniqueness of the technology. The FinLocker platform generates high-quality leads, and dramatically reduces lender costs, data errors and processing timelines.
June 28, 2018 // PRWebFinLocker, a financial data and analytics company, today announced the addition of Eric Bloomquist to their senior leadership team. Bloomquist has over two decades of innovative product management experience and brings a wealth of industry exposure that will help to extend the breadth of innovation for the sophisticated FinLocker solution.
Growing Fintech Companies Partner to Revolutionize Digital Mortgage Technology to Make Buying a Home Easier
Mar 14, 2018 // PRWebWebMax, a digital mortgage solution provider, and FinLocker, a financial data and analytics platform, announced today that they finalized a partnership as a result of successful execution on their five joint customers. The partnership aims to build on 17 months of collaborative efforts to further propel lenders into the digital mortgage revolution.
Mar 8, 2018 // PRWebFinLocker, a financial data and analytics company, announced today the approval of a second patent supporting proprietary leading-edge digital vault functionality. FinLocker's re-usable "financial locker" for consumers, manages financial data that can be used for loan transactions such as mortgages, auto, student, small business, and more.
Jan 10, 2018 // HousingwireVerification and risk mitigation services provider DataVerify has announced that it will provide 4506-T IRS tax return verification data and Social Security Administration verifications through financial data and analytics platform FinLocker.
Dec 16, 2017 // timestechFinLocker, a financial data and analytics company, announced today the addition of Jason Clark to their leadership team. Clark joins FinLocker as an Advisor, where his extensive cyber security experience and industry notoriety will help continue the advancement of FinLocker as a financial services technology innovator. FinLocker’s platform can dramatically reduce lender costs, processing timelines, and risks by capturing consumer financial information and analyzing the data. FinLocker’s technology also enables lenders to create a “customer for life/lender for life” relationship.
FinLocker Leverages Aggregation Technology from Fiserv to Enhance Analytics Solution for Mortgage Industry
Dec 6, 2017 // National Mortgage NewsFinLocker, a financial data and analytics company, today announced a strategic relationship with Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions. The relationship between FinLocker and Fiserv creates the opportunity for lenders within the FinLocker mortgage network to incorporate financial data aggregation and personal financial management tools into the mortgage origination process.
May 3, 2017 // Collingwood GroupSitus, the premier global provider of strategic business and technology solutions to the real estate finance industry, today announced the completion of its acquisition of The Collingwood Group (“Collingwood”), a Washington, DC based advisory firm led by the former head of FHA, and partners who have held senior leadership positions in HUD, Fannie Mae, Freddie Mac, and FHFA, focused on housing policy and regulation.
April 4, 2017 // PRWEBFinLocker today announced they have hired Bob Hoffman as VP of Customer Success, where he will oversee management of all customer delivery, support, and on-going client success.
March 8, 2017 // PRWEBFinLocker, a financial data and analytics company, today announced a connector relationship with Equifax Inc., a global information solutions provider.
February 3, 2017 // EQThe move toward digitization and a paperless mortgage process to create efficiencies, manage risk, reduce costs and improve the borrower experience has been under way in the mortgage industry for a while.
January 18, 2017 // EQFannie Mae recently launched a validation service powered by Desktop Underwriter® (DU®) that integrates verified consumer information from Equifax into its automated underwriting system, offering lenders an end-to-end income and employment verification solution. This includes instant income and employment verifications obtained via The Work Number® database and those that Equifax completes manually on a lender’s behalf. The DU validation service also incorporates validated income that has been reported to and received by the IRS via the Equifax 4506-T tax transcript service.
December 21, 2016 // EQIf you’ve ever gone through the process of getting a loan of significant value, you know the tedious amount of paperwork that you have to collect and hand over to your lender. You probably also know about the inevitable phone call that comes a couple of days (or weeks) later, letting you know that you forgot to include that one really obscure piece of information, and now you need to include a new copy of your two most recent pay stubs because the previous ones are no longer the most recent.
Introducing FinLocker, a consumer-enabled financial technology platform that provides secure access to critical borrower information.
December 19, 2016 // prwebEarlier this month the Digital Mortgage 2016 conference debuted innovative technologies that improve the borrower experience, but what about technology to help mortgage companies process and underwrite loans faster with fewer people.
December 16, 2016 // Finlocker, LLC.FinLocker today announced they have hired mortgage industry veteran Mike Atwell as their new VP of Sales to run and manage their national sales channel for the company. With over 25 years of business development and sales leadership roles in mortgage banking, Mike has been involved in building and managing companies specifically on the retail production side earlier in his career for companies such as IndyMac and Prospect Mortgage and then also helped launch and grow a startup lender/servicer called Generation Mortgage, a reverse mortgage lender, where he was the First VP managing the national sales channel for the company. In more recent years he was the Sales Director in the financial technology space where he worked with lenders nationally on providing a business intelligence SaaS platform for improved efficiencies and tracking of performance metrics for those organizations. Although originally a Washington, DC native, Mike has lived in Denver since 1995 with his family.
April 1, 2016 // eOriginal, Inc.Fannie Mae named eOriginal an eMortgage technology solution provider after it completed integration testing for eNote, eClose and eVault capabilities.
March 30, 2016 // eOriginal, Inc.eOriginal, Inc., the experts in digital transaction management, today announced an expansion of its Digital Mortgage Platform with the addition of seven major new partners who fill critical roles in the end-to-end process. The platform features the industry’s first truly open, plug-and-play digital mortgage platform.
August 9, 2015 // Collingwood GroupWhite paper finds market conditions leave mortgage industry vulnerable to major disruption. The paper exposes a group of innovators that are finding new ways to empower and delight consumers while increasing profitability at all stages of the mortgage process.
April 22, 2015 // Kelly GroteSixThirty, a St. Louis-based accelerator program that invests in and provides mentoring and connections to financial technology (FinTech) startups, announces its Spring 2015 Cohort. The 2015 Spring Cohort includes: FinLocker, Bandura, Davo Technologies, New Constructs, PFITR, and Rippleshot.
May 8, 2015 // Tim Stern (VidVerify & FinLocker Co-Founder)The consumer financial services industry has undergone a dramatic transformation over the past ten years, facing challenging business environments, landmark financial reform and an evolving credit market. The mortgage market is experiencing technological change.
April 21, 2015 // Ari KarenFannie Mae and Freddie Mac have begun playing for keeps when it comes to compliance, and this appears to be an upcoming challenge for many lenders.
March 17, 2015 // The Collingwood GroupIn Collingwood's September 2014 Mortgage Industry Outlook Survey, 89% of our survey respondents told us that regulations are hurting their businesses. Lenders, servicers and other mortgage industry players told us that compliance with new rules and unpredictable enforcement actions creates anxiety and unnecessary expense.
March, 2015 // The Collingwood GroupHousing and mortgage industry professionals say Fannie Mae and Freddie Mac overhaul is needed but won't happen now.
May 11, 2015 // Edward A. WilmesherrWe have now been operating for close to 16 months under the effect of the Ability to Repay and Qualified Mortgage Rules, and the results thus far look like a mixed bag. Some banks (not many) are originating on Qualified Mortgages, either priced to give them a rebuttable presumption or safe harbor status for compliance with the Ability to Repay.
April 24, 2015 // Lou Giserman"Why are so many younger Americans renting rather than owning?" That's what Westwood One Radio's host Dirk Van asked Collingwood's Chairman Tim Rood in an interview about millennials and the housing market.
December 1, 2014 // Nafisul HasanFor a bank to effectively achieve true customer centricity, it must take a close look at its technology infrastructure. Today's customers have high expectations when it comes to the customer experience. Fueled, in part, by the anytime-anywhere access and personalized experience they've come to expect from their favorite retailers, consumers are bringing these same expectations to their banking relationships.
November 26, 2014 // Brandon CornettNew government rules have mortgage lenders checking, and double-checking, the income status of borrowers. Now more than ever, lenders want to ensure that homebuyers have the ability to repay their loan obligations. It’s a sign of the times. So, how much do you need to earn to buy a house these days? Here’s an updated look at mortgage requirements for 2015, and the government rules that are influencing them.
November 24, 2014 // Ari KarenFar too many lenders are relying on inadequate and outdated qualified mortgage practices, reports Mr. Karen, who warns that such approaches are bound to lead to legal trouble. Two years of bank statements, or even a residual income analysis—when not used in conjunction with any other documentation—will offer little to no legal protection to lenders. So how should a lender safely originate a QM loan?
November 7, 2014 // Ari KarenThere have recently been some large data breaches of consumer information that have made the news. Less known, there have been numerous examples of physical loan files being stolen from mortgage banks for the apparent purpose of identity theft.
October 15, 2014 //The Single-Family Seller/Servicer Guide Bulletin announces revisions to our Mortgage eligibility and credit underwriting requirement to permit third-party asset verifications. (This policy change is similar to the existing income and employment verification policies in the Selling Guide). The policy change is effective immediately.
September 30, 2014 //The Selling Guide currently provides two documentation options for verifying deposit and asset accounts. Fannie Mae has updated its policy to accept third-party vendor verifications of asset and depository information. (This policy change is similar to the existing income and employment verification policies in the Selling Guide). The policy change is effective immediately.
September 30, 2014 //PennyMac issued Announcement 14-54 titled "Clarification Regarding Acceptable Sources of Verification of Assets". PennyMac clarified the acceptable sources for verification of assets when documentation is needed to verify a borrower has sufficient funds per program requirements.