News Archive

TransUnion and FinLocker Partner to Give Consumers More Control of their Data to Secure Loans
Oct 19, 2020

FinLocker and HomeFree-USA Partner to Educate and Increase Homeownership Opportunities
Sept 10, 2020

Winners of the 2020 Tearsheet Data Award for Best Data Aggregator / Fintech Partnership – FinLocker and Fiserv
June 9, 2020

Case study: How FinLocker and Fiserv enhance data, lower lending costs and increase throughput for mortgage originators to benefit consumer financial wellness
May 27, 2020 // Tearsheet

FinLocker and Get Credit Healthy Partnership Combines Financial Recovery and Credit Success
May 24, 2020

VettedVA Deploys Financial Go Bag through Partnership with FinLockers
March 24, 2020

FinLocker Joins Forces with PRMG
January 30, 2020

FinLocker President Brian Vieaux Interviewed on Money Matters Podcast with Adam Torres
January 30, 2020

Fintech Hunter Speaks with FinLocker’s President, Brian Vieaux
January 22, 2020

FinLocker, a Personal Finance Management Tool, is Revolutionizing the Way Consumers Start, Plan, and Achieve Their Financial Goals
January 9, 2020

FinLocker Announces Fourth Patent Furthering Its Digital Financial Assistant
November 21, 2019

2019 Best Tech Startups in St. Louis
Digital Mortgage 2019 FinLocker Demo
November 13, 2019

FinLocker Introduces Personal Financial Assistant – MyFinLocker
September 25, 2019

FinLocker Adds Equifax Consumer Credit Solutions to its Patented Platform
September 10, 2019

VantageScore presents five questions with Peter Esparrago, CEO FinLocker
August 13, 2019

FinLocker and ARIVE announce strategic partnership to provide mortgage brokers with a lead-to-loan and customer-for life platform.
July 30th, 2019

Mortgage Industry Veteran Brian Vieaux Joins FinLocker as Company President
July 10, 2019

FinLocker Positions for Business Development and Sales Expansion with Addition of Brian Vieaux as President
July 9, 2019

FinLocker Recognized as Top 10 Missouri Company by Silicon Prairie News
November 2, 2018

FinLocker Asset Verification Solution Receives Approval From Fannie Mae
August 14, 2018
FinLocker, 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.

FinLocker Secures Third Patent For Digital Vault
July 30, 2018
FinLocker, 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.

FinLocker Expands Product Sophistication With Addition of Industry Veteran, Eric Bloomquist
June 28, 2018
FinLocker, 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
WebMax, 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.

FinLocker Receives Patent For Digital Vault
Mar 8, 2018
FinLocker, 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.

DataVerify announces verification services integration with FinLocker
Jan 10, 2018 // Housingwire
Verification 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.

FinLocker Adds Key Cyber Security Executive, Jason Clark, to Leadership Team
Dec 16, 2017 // timestech
FinLocker, 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 News
FinLocker, 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.

SITUS Announces Acquisition of the Collingwood Group LLC
May 3, 2017
Situs, 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.

FinLocker Continues National Expansion by Naming Bob Hoffman VP of Customer Success
April 4, 2017
FinLocker 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.

FinLocker Boosts Its Analytics Platform – Integrating Equifax® Products
March 8, 2017
FinLocker, a financial data and analytics company, today announced a connector relationship with Equifax Inc., a global information solutions provider.

Tech Innovators: Fannie Mae Program Empowers Lending Confidence
February 3, 2017
The 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.

DU® Validation Service
January 18, 2017
Fannie 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.

FinLocker and the Digital Mortgage Revolution
December 21, 2016
If 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
Earlier 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.

Mike Atwell Joins FinLocker
December 16, 2016
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.

Fannie Mae Certifies eOriginal as an eMortgage solutions provider
April 1, 2016
Fannie Mae named eOriginal an eMortgage technology solution provider after it completed integration testing for eNote, eClose and eVault capabilities.

eOriginal’s Digital Mortgage Platform adds FinLocker and other partners
March 30, 2016
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.

Collingwood Group White Paper: Mortgage Industry is Ripe for Disruption
August 9, 2015
White 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.

FinLocker among the Six Companies chosen for the Spring 2015 SixThirty FinTech Accelerator Class
April 22, 2015
SixThirty, 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.

What Does Financial Literacy Mean in 2015?
May 8, 2015
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.

How to Survive a GSE Audit
April 21, 2015
Fannie 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.

Despite Groans About Over Regulation, Mortgage Industry Not Willing to Pay for Relief
March 17, 2015
In 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.

Mortgage Industry Outlook Report
March, 2015
Housing and mortgage industry professionals say Fannie Mae and Freddie Mac overhaul is needed but won’t happen now.

United States: Fair Lending in The Age of Ability to Repay and Qualified Mortgages
May 11, 2015
We 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.

Millennial Housing Dilemma
April 24, 2015
“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.

Ready in a Snap (or a Click): Empowering Consumers with Customer Centric Origination
December 1, 2014
For 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.

Mortgage Income Requirements in 2015 Will Be Driven by New Rules
November 26, 2014
New 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.

The Emerging Non QM Problem
November 24, 2014
Far 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?

Consumer Mortgage Data Breaches Do Not Just Exist in Cyberspace
November 7, 2014
There 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.

Freddie Mac issues Bulletin to Permit Third-Party Asset Verifications
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.

Fannie Mae Announces Change to Allow for Automated Asset Verifications
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.

PennyMac – Announcement: Clarification Regarding Acceptable Sources for Verification of Assets
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.