Several ALTA Members Honored for Tech Innovations
April 10, 2018
RynohLive, CertifID and Westcor Specialty were among the winners of HousingWire’s fifth-annual Tech100 award for the top tech firms in the mortgage finance space.
The awards recognize the top 100 innovative technology companies in the U.S. housing economy, spanning real estate, mortgage lending, mortgage servicing and investments.
RynohLive is a web-based application for escrow account management practices.
“With the number of emerging technology solutions steadily increasing, it is a real honor to be included in this year’s HW Tech100,” said RynohLive’s founder and CEO Dick Reass. “The team at Rynoh takes great pride in our ability to continuously innovate and bring value to the industry, but to have the product of our efforts recognized and awarded by HousingWire is really something special to say the least.”
Grand Rapids-based CertifID has developed authentication software designed to battle wire fraud in the mortgage industry
“HousingWire is one of the very best trade publications in the mortgage industry, so it’s really an honor to be named to the Tech 100 in our first year of existence,” said Cronkright, who serves as CertifID’s CEO. “We’re also pleased to see that the mortgage industry is finally recognizing that wire fraud is an epidemic nationwide, one which is only starting to be addressed. Demand for CertifID has been incredibly strong since our rollout in late 2017. We only see that increasing over the coming months.”
In addition, Westcor Specialty was recognized for Closepin, a compliance management tool for mortgage lenders which simplifies the closing process for consumers, lenders and closing agents.
“We are honored to be mentioned alongside some impressive peers in the HousingWire Tech100. This is a symbol of the progress we are making as we work to create and implement innovative solutions in the real estate, mortgage finance, and insurance industries,” said Ryan Peterson, executive vice president of Westcor Specialty. “Closepin.com is an answer to an industry challenge that has plagued both lenders and title insurance agents for some time. We hope that it is the first of many products and services that we will bring to market this year.”
According to HousingWire, the number of applicants for the 2018 awards increased from years prior as did the variety of technology solutions that are available in the housing industry. Out of the 100 companies recognized for this year’s awards, more than half are new to the list.
“The number of fintech companies serving the mortgage industry has exploded over the last several years—making the choice of just 100 companies this year very difficult,” said HousingWire Magazine Editor, Sarah Wheeler. “Companies in the 2018 Tech100 represent the leading edge of solutions and services that will propel mortgage companies toward success."
Contact ALTA at 202-296-3671 or communications@alta.org.