Innovation Technology Award Goes to OpenClose Loan Origination System
WEST PALM BEACH, Fla. /ScoopCloud/ -- OpenClose the industry-leading omni-channel loan origination system (LOS) and digital mortgage fintech provider, announced that it received PROGRESS in Lending Association's 2020 Innovation Award for its "truly game-changing solutions in the mortgage space."
Bank of Southern California NA Funds More Than $487.8 Million in PPP Loans
SAN DIEGO, Calif. /ScoopCloud/ -- Bank of Southern California, N.A. (OTC Pink: BCAL), a community business bank headquartered in San Diego, announced today that it has funded more than $487.8 million in Paycheck Protection Program (PPP) loans. These results, as of 9:30 p.m. PDT on May 7, 2020, provided 1,940 local businesses affected by the Coronavirus (COVID-19) with critical financing to retain or restore jobs for 51,523 individuals.
KROST CPAs & Consultants Provides Much-Needed Help to Businesses Affected by the Economic Downturn Caused by the COVID-19 Pandemic
LOS ANGELES, Calif. /ScoopCloud/ -- Los Angeles-based firm, KROST CPAs & Consultants, has launched several programs to assist businesses during the Coronavirus pandemic. Since April 2020, the firm has assisted hundreds of businesses and individuals through the development of COVID-19 resources.
Global DMS Integrates eTrac Valuation Management Software with ProxyPics, Allowing Clients to Complete Real Estate Appraisals Remotely
LANSDALE, Pa. /ScoopCloud/ -- Global DMS, a leading provider of cloud-based appraisal management software, announced that it has integrated its eTrac valuation management platform with ProxyPics - a patented, secure mobile app that provides a method of facilitating the delivery of photographs of a subject property when access to the property is unavailable.
Andrew Crofton Joins Klingenstein Fields Wealth Advisors as a Managing Director
NEW YORK, N.Y. /ScoopCloud/ -- Klingenstein Fields Wealth Advisors (KFWA), a wealth management firm with approximately $4 billion in assets under management, is pleased to announce that Andrew Crofton has joined the firm as a Managing Director.
EnergyCAP, Inc. Receives Inc. Magazine ‘Best Workplaces’ Award
STATE COLLEGE, Pa. /ScoopCloud/ -- EnergyCAP, Inc. (ECI) has been named to Inc. Magazine's annual list of the Best Workplaces for 2020 will hit newsstands May 12, and is the result of a wide-ranging and comprehensive measurement of private American companies that have created exceptional workplaces through vibrant cultures, deep employee engagement, and stellar benefits.
Top of Mind enhances ‘Client for Life’ Workflow to help lenders retain 2020’s record-breaking influx of refi customers
ATLANTA, Ga. /ScoopCloud/ -- Top of Mind Networks (Top of Mind), a leader in customer relationship management (CRM) and marketing automation software for the mortgage lending industry, today announced enhancements to its "Client for Life" Workflow. Available to users of SurefireCRM, the Client for Life Workflow helps lenders protect market share by creating over 100 distinct opportunities to stay connected with borrowers over a five-year period.
Bank of Southern California, N.A. Announces Q1 2020 Results and Response to Pandemic
SAN DIEGO, Calif. /ScoopCloud/ -- Bank of Southern California, N.A. (OTC Pink: BCAL) today reported results for the first quarter ended March 31, 2020. Total assets increased to $852 million at March 31, 2020, up from $830 million in the prior quarter and an increase of 10.8% compared to March 31, 2019.
Certain Lending Launches Major Survey of Real Estate Investors
SAN FRANCISCO, Calif. /ScoopCloud/ -- Certain Lending released a national survey of real estate investors. A majority of real estate investors expect COVID-19 will cause home prices to decline up to 20%. The survey of 569 real estate investors across the U.S., conducted between April 20 and 24, is the first of its kind.
IDS Expands eClosing Platform to Include eNotes, Rebrands as Solitude Solution
SALT LAKE CITY, Utah /ScoopCloud/ -- Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it has expanded the capabilities of its eClose platform to include eNotes. Recently branded as Solitude Solution, the platform's eClosing capabilities allow lenders and borrowers to execute loans digitally.
Paragon Insurance Holdings Acquires Trident Public Risk Solutions from Argo Group
NEW YORK, N.Y. /ScoopCloud/ -- Paragon Insurance Holdings, LLC, headquartered in Avon, Connecticut, a national MGA, announced today that it has closed on the purchase of Trident Public Risk Solutions (TPRS). Acquired from Argo Group (Argo), the transaction positions Paragon as one of the largest providers of commercial insurance coverage for public entities in the U.S.
Bank of Southern California, NA and CalWest Bancorp, the Holding Company for CalWest Bank, Announce Changes to Merger Agreement
SAN DIEGO, Calif. /ScoopCloud/ -- Bank of Southern California, N.A. (OTC Pink: BCAL) and CalWest Bancorp (OTCBB: CALW), today announced that they have renegotiated the terms of their merger and have agreed to amend the initial Definitive Agreement announced on October 21, 2019 following shareholder meetings held on April 22, 2020.
Vanbridge Releases Second Comprehensive Review of US Representations and Warranties Insurance Market
NEW YORK, N.Y. /ScoopCloud/ -- Vanbridge, an EPIC company, an insurance intermediary and program management firm, published its second edition of its U.S. Representations and Warranties Insurance (R&W) Market Review today. This edition evaluates and summarizes domestic R&W data for the years 2017, 2018 and 2019.
ARMCO Launches ACES Consumer™ Quality Management Platform for Financial Institutions
DENVER, Colo. /ScoopCloud/ -- ACES Risk Management (ARMCO), the leading provider of enterprise quality management and control software for the lending industry, announced the official release of ACES Consumer, the next iteration of its ACES Audit Technology platform designed specifically for financial institutions.
FormFree and Ocrolus Partner for Comprehensive Borrower Income Verification Program
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ATHENS, Ga. /ScoopCloud/ -- FormFree, a leading fintech provider of credit decisioning services, today announced a partnership with Ocrolus, a leading fintech infrastructure company that transforms documents into actionable data with over 99% accuracy.
SimpleNexus app breezes past 2 million borrower downloads as more consumers and loan originators adapt to mobile mortgage origination
LEHI, Utah /ScoopCloud/ -- SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced that more than two million consumers have downloaded its award-winning mobile app.
New Technology Connects Homeowners and Property Appraisers
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RED DEER, Alberta /ScoopCloud/ -- veryone has been economically impacted by COVID-19 in one way or another and property appraisers are no exception. However, Anow, an appraisal management software developer, is excited to announce the launch of Anow Walkthrough a sophisticated, but straightforward homeowner inspection product.
LBA Ware Issues Q1 2020 LO Compensation Report
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MACON, Ga. /ScoopCloud/ -- LBA Ware, a leading provider of incentive compensation management (ICM) and business intelligence software solutions for the mortgage industry, today released summary statistics on the state of mortgage industry compensation in the first quarter of 2020.
Top of Mind Launches PartnerNetwork Offering Lenders and Referral Partners a Simple Solution for Managing RESPA Compliance and Co-Branded Marketing Collateral
ATLANTA, Ga. /ScoopCloud/ -- Top of Mind Networks (Top of Mind), a leader in customer relationship management (CRM) and marketing automation software for the mortgage lending industry, today announced it has launched PartnerNetwork, a Real Estate Settlement Procedures Act (RESPA) solution that makes it easy for lenders and referral partners to co-brand marketing collateral with control and confidence.
Global DMS Receives Innovations Award from PROGRESS in Lending for EVO Appraisal Management Software
LANSDALE, Pa. /ScoopCloud/ -- Global DMS, a leading provider of cloud-based appraisal management software, announced that it has been selected by PROGRESS in Lending for its "Innovations Award," which recognizes companies that have come together to create something truly game-changing for the mortgage space.
Nationwide Equities Taps ReverseVision Private Program Support to Launch ‘EquityPower’ Private Reverse Mortgage Program
SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision, the leading provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, today announced that Nationwide Equities Corporation (Nationwide Equities) has leveraged ReverseVision's private product support to launch its own private reverse mortgage program, EquityPower.
SimpleNexus Appoints Decorated SaaS Sales Executive Cathleen Schreiner Gates to Board of Directors
LEHI, Utah /ScoopCloud/ -- SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced the election of senior sales executive Cathleen Schreiner Gates to its board of directors.
EPIC Insurance Brokers and Consultants Launches Restructuring Services Offering
NEW YORK, N.Y. /ScoopCloud/ -- EPIC Insurance Brokers & Consultants, a retail property and casualty insurance brokerage and employee benefits consultant, announced today that the firm has launched a Restructuring Services operation under its Financial Services division to support the restructuring process for distressed situations with risk mitigation and risk transfer insurance capital solutions.
MQMR Adds Mortgage-Focused Social Media Monitoring Platform
LOS ANGELES, Calif. /ScoopCloud/ -- Mortgage Quality Management and Research, LLC (MQMR) announced today that it has added ActiveComply, a social media monitoring platform, to its suite of audit, risk and compliance-focused solutions for financial institutions and independent mortgage lenders.
Tapcheck and PRO Resources Inc. Partner to Bring More U.S. Companies Early Wage Access
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TARZANA, Calif. /ScoopCloud/ -- Financial solutions company, Tapcheck, has announced its latest partnership with PRO Resources - a multi-state Professional Employer Group with over 30 years of experience.
Remote Online Notarization Taking Hold in Florida, NotaryCam Reports
NEWPORT BEACH, Calif. /ScoopCloud/ -- NotaryCam, the pioneering leader in online notarization and original provider of mortgage eClosing solutions, announced it has observed a significant increase in remote online notarization (RON) adoption and utilization for real estate transactions in Florida over the past three months.
HousingWire Honors OpenClose as a 2020 Mortgage Tech100 Innovator
WEST PALM BEACH, Fla. /ScoopCloud/ -- OpenClose, the leading mortgage fintech provider and omni-channel loan origination system (LOS), announced that due to its industry-pioneering technology innovations, successful launches and the resulting stellar lender outcomes, the company was named to the prestigious HousingWire 2020 Mortgage Tech 100 List.
NotaryCam CEO Rick Triola Named ‘Tech All-Star’ by Mortgage Bankers Association for Second Time in His Career
NEWPORT BEACH, Calif. /ScoopCloud/ -- NotaryCam, the pioneering leader in online notarization and original provider of mortgage eClosing solutions, announced that its founder and CEO Rick Triola is one of the five mortgage technology innovators honored by the Mortgage Bankers Association (MBA) as a 2020 Tech All-Star.
MQMR Promotes Mabel Lee to Head of Warehouse Due Diligence, Adds Scott Weintraub to Lead Internal Audit Department
LOS ANGELES, Calif. /ScoopCloud/ -- Mortgage Quality Management and Research, LLC (MQMR) announced today that it has promoted Mabel Lee to Warehouse Due Diligence Manager and hired Scott Weintraub as Internal Audit Manager.
ARMCO Updates ACES IQ to Provide Guidance on Regulatory Changes Made in Response to COVID-19 National Emergency Declaration
DENVER, Colo. /ScoopCloud/ -- ACES Risk Management (ARMCO), the leading provider of enterprise financial risk mitigation solutions, announced it has created a new question set category within its ACES Intelligent Questionnaire (ACES IQ) functionality to house all temporary regulatory provisions issued by state and federal agencies and the GSEs in response to the COVID-19 national emergency declaration.
Top of Mind gives loan originators must-have text messaging capabilities with SurefireCRM Power Messaging
ATLANTA, Ga. /ScoopCloud/ -- Top of Mind Networks (Top of Mind), a leader in customer relationship management (CRM) and marketing automation software for the mortgage lending industry, today announced the release of Power Messaging, a feature that enables SurefireCRM users to deliver high-touch text communication to consumers at scale.
SBA Publishes Guidance on Which CARES Act Provisions Require Immediate Action by Health and Retirement Plan Sponsors
ATLANTA, Ga. /ScoopCloud/ -- Independent, full-service employee benefits consulting firm Strategic Benefits Advisors (SBA) issued a statement today summarizing provisions of the Coronavirus Aid, Relief, and Economic Security (CARES) Act that require action on the part of health and retirement plan sponsors.
FormFree Expands Partnership with American Red Cross of Northeast Georgia in Celebration of 2020 Red Cross Month
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ATHENS, Ga. /ScoopCloud/ -- FormFree® today announced it is celebrating Red Cross Month by expanding its long-held partnership with the American Red Cross of Northeast Georgia. FormFree will support the Northeast Georgia chapter's mission of alleviating human suffering in the face of emergencies by giving fiscal contributions and engaging in monthly acts of service throughout 2020.
Rapid Deployment Solutions Selected to Improve Federal Alcohol Tax & Trade Bureau Audits Responsiveness for a Large Distillery
FORT LAUDERDALE, Fla. /ScoopCloud/ -- Rapid Deployment Solutions (RDS) - a leading Content & Records Management solutions company - is excited to announce that it has been selected by one of the largest North American distillers and alcohol distributors to improve their Accounts Payable process, AP audit support, Customer Service support, and to increase responsiveness to the U.S. Federal Alcohol Tax & Trade Bureau (TTB) Audits.
DocMagic Launches AutoPrep Technology, Enabling Total eClose™ to Accept Documents from Any Provider for Paperless eClosings
TORRANCE, Calif. /ScoopCloud/ -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, today announced the launch of AutoPrep, a new technology that enables the company's Total eClose™ platform to accept documents from any source - including non-e-enabled documents.