Tag: Banking and Finance
DocMagic Announces ‘eQC’ Automated Due Diligence Solution for Investors and Correspondent Lenders
TORRANCE, Calif., May 12, 2016 (SEND2PRESS NEWSWIRE) -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions, announced the formal launch of its fully integrated 'eQC' solution that automates due diligence for investors and correspondent lenders.
The Mortgage Collaborative Adds 14 New Lender Members
SAN DIEGO, Calif., May 11, 2016 (SEND2PRESS NEWSWIRE) -- The Mortgage Collaborative, an independent mortgage lending cooperative, today announced the addition of 14 new lenders to their national network of originating members, according to the Collaborative's EVP of National Sales and Strategic Alliances, Rich Swerbinsky.
Klingenstein Fields Wealth Advisors’ SVP Jonathan B. Roberts, CFA, CIC, Delivers Opening Remarks at Investment Adviser Association’s 2016 Annual Leadership Conference
NEW YORK, N.Y., May 11, 2016 (SEND2PRESS NEWSWIRE) -- Jonathan B. Roberts, Chief Compliance Officer and Senior Vice President at KFWA (Klingenstein Fields Wealth Advisors), a leading wealth management firm with approximately $3 billion in assets under management, welcomed attendees with insightful opening remarks at the Investment Adviser Association's (IAA) 2016 Annual Leadership Conference.
New Study Finds Most Companies Lack Systems and Processes to Comply with New Lease Accounting Standards
GREAT FALLS, Va., May 11, 2016 (SEND2PRESS NEWSWIRE) -- LeaseAccelerator, the leader in Equipment Lease Management software, announced the results of a market readiness survey for the new lease accounting standards. The first research study to be completed since the Financial Accounting Standards Board (FASB) announced ASU 2016-02 (ASC 842), surveyed financial professionals about their state of readiness for the new leasing standards.
Daniel Joseph Duffy Descendants’ Trust Acquires Controlling Interest In Sunshine Capital, Inc.
HOLLYWOOD, Fla., May 10, 2016 (SEND2PRESS NEWSWIRE) -- Sunshine Capital, Inc. (Pink Sheets: SCNP) today announced that its parent Company DIB Funding, Inc. has been acquired by the Daniel Joseph Duffy Descendants Trust.
Home Point Financial and ReverseVision Partner to Offer Mortgage Lender-Focused HECM Luncheon
SAN DIEGO, Calif., May 4, 2016 (SEND2PRESS NEWSWIRE) -- ReverseVision, Inc. (ReverseVision) is pleased to announce that it is again offering the popular 'Home-Equity Loans Facts Track' seminar for mortgage lenders interested in learning more about the home-equity conversion mortgage (HECM) loan on May 11 at the Hyatt Regency Huntington Beach, Sandpiper Room from 12:30 p.m. to 2:30 p.m.
Mid America Mortgage Hires Michael J. Lima to Oversee Whole Loan Trading Division
ADDISON, Texas, May 2, 2016 (SEND2PRESS NEWSWIRE) -- Mid America Mortgage, Inc. (Mid America) Owner and Chief Executive Officer Jeff Bode announced the firm has retained mortgage banking and capital markets executive Michael Lima as managing director of its Whole Loan Trading division. With nearly 30 years of mortgage expertise, Lima will direct Mid America's whole loan acquisition business, including its recent entry into the market for loans with TRID compliance issues.
DocMagic Wins 2016 Innovation Award for its SmartCLOSE TRID Collaborative Closing Portal
TORRANCE, Calif., April 27, 2016 (SEND2PRESS NEWSWIRE) -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions, announced that PROGRESS in Lending presented the company with one of its annual Innovation Awards for the development and widely successful launch of its industry-leading SmartCLOSE(TM) collaborative closing portal for TRID compliance. DocMagic was one of only seven recipients to receive the honor out of numerous applicants.
Kt Duong and Troy Ferguson Join Bank of Southern California
SAN DIEGO, Calif., April 26, 2016 (SEND2PRESS NEWSWIRE) -- Bank of Southern California, N.A. (OTC Pink: BCAL), welcomes Kt Duong and Troy Ferguson, as Vice President, Business Relationship Managers to its seasoned team of bankers. Mr. Duong has been in banking and finance for 8 years, including Commercial Capital Partners, Commercewest Bank and Citigroup. He graduated from San Diego State University with a Bachelor of Arts in Economics and a Bachelor of Science in Finance.
Willow Bend Mortgage Now Offers Reverse Mortgages in 12 States Using ReverseVision Exchange (RVX) Loan Origination Software
SAN DIEGO, Calif., April 20, 2016 (SEND2PRESS NEWSWIRE) -- ReverseVision announced today that Willow Bend Mortgage (Willow Bend), an independent mortgage lender serving the South Central United States, has selected RV Exchange (RVX) as its reverse mortgage loan origination software (LOS). A long-standing community lender in its home state of Texas, Willow Bend began expanding its reverse mortgage program in 2015 and is currently licensed to operate in 12 states.
Simplifile Q1 2016 Report Reveals Three Out of Four Transactions Eligible to be E-Recorded
PROVO, Utah, April 20, 2016 (SEND2PRESS NEWSWIRE) -- Simplifile, a leader in electronic document and data workflow technology for lenders, settlement agents and counties, today released quarterly figures summarizing the organization's activities and achievements from January through March 2016.
Altavera Mortgage Services Notes Uptick in Non-QM Activity from Originators, Aggregators and Investors
DENVER, Colo., April 20, 2016 (SEND2PRESS NEWSWIRE) -- Altavera Mortgage Services (Altavera), the premier provider of third-party residential mortgage origination services, reports a marked uptick in non-Qualified Mortgage (non-QM) inquiries in the first quarter of 2016. According to President and Founder Brian Simons, staffing requests from Altavera's clients suggest the industry is preparing for increased business in Q2 and the second half of 2016.
OpenClose Taps Industry Veteran Michael Falce to Handle Increasing Demand for its Multi-Channel LOS
WEST PALM BEACH, Fla., April 19, 2016 (SEND2PRESS NEWSWIRE) -- OpenClose(R), an enterprise-class, multi-channel, end-to-end loan origination system (LOS) provider, announced that industry veteran Michael Falce has been hired as a vice president, enterprise account executive. In this role, he will work with lending entities of various types and sizes to utilize OpenClose's LenderAssist(TM) LOS and additional software solutions.
Platinum Data Launches RealView QB (Quality Bridge), Providing Lenders and Appraisers with a Transparent Single System of Record for Appraisal QC
ALISO VIEJO, Calif., April 5, 2016 (SEND2PRESS NEWSWIRE) -- Platinum Data Solutions, a provider of valuation data and analytics solutions, has launched RealView(R) QB (Quality Bridge), the industry's only appraisal quality technology that allows users to authorize access and share information with third parties, including lenders, AMCs, appraisers and investors.
Pavaso Achieves 2,000th Live Transaction on Digital Closing Platform
LOS ANGELES, Calif., April 4, 2016 (SEND2PRESS NEWSWIRE) -- Pavaso, the industry leader in eClosing and Consumer Management technology solutions, announced it has recorded its 2,000th live transaction on the Digital Close platform. In addition, more than 6,500 user accounts have been created in the platform, spanning from mortgage lenders to title/settlement agents to Realtors and consumers. The announcement was made in conjunction with the Mortgage Bankers Association's National Technology in Mortgage Banking Conference and Expo, of which Pavaso is a diamond sponsor.
NOVA Home Loans Chooses ReverseVision Exchange (RVX) Software to Originate Reverse Mortgages, Deliver to Investors
SAN DIEGO, Calif., March 30, 2016 (SEND2PRESS NEWSWIRE) -- ReverseVision announced today that NOVA(R) Home Loans (NOVA), a Tucson, Arizona-based mortgage lender serving the Southwestern United States, has selected RV Exchange (RVX) as its reverse mortgage loan origination software (LOS). NOVA has originated reverse mortgages as a correspondent lender since 2014.
DocMagic Announces the Formal Launch of its New Total eClosing Solution
TORRANCE, Calif., March 30, 2016 (SEND2PRESS NEWSWIRE) -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions, announced today the formal launch of its fully integrated eClosing solution that electronically transforms the entire mortgage process from initial eDisclosure to final eClosing through investor eDelivery.
Media Advisory: Reverse Mortgage Expert John Button Available to Comment on Reverse Mortgage Trends
ATLANTA, Ga., March 29, 2016 (SEND2PRESS NEWSWIRE) -- Reverse mortgage expert John Button, president and CEO of San Diego, California-based software provider ReverseVision, is available for interviews in Atlanta on Tuesday, April 12, and Wednesday, April 13, 2016.
CMG Financial Automates its Entire Appraisal Process Using Global DMS’ eTrac Platform
LANSDALE, Pa., March 29, 2016 (SEND2PRESS NEWSWIRE) -- Global DMS, a leading provider of web-based compliant valuation management software, announced that CMG Financial (CMG), one of the nation's leading lenders, has streamlined the management of its appraisal process from start to finish using Global DMS' eTrac platform.
Platinum Data Executive Craig Zielazny Named to Board of Advisors for Wittenberg University’s New Master of Science in Analytics Program
ALISO VIEJO, Calif., March 22, 2016 (SEND2PRESS NEWSWIRE) -- Platinum Data Solutions, a provider of valuation data and analytics solutions, has announced that Craig Zielazny, the company's senior vice president of valuation analytics, has been named to the Board of Advisors for Springfield, Ohio-based Wittenberg University's new Master of Science in Analytics program. The Board of Advisors is charged with collaborating to create the department's curricula and courses, and could include guest lecturing. The inaugural semester for Wittenberg University's Master of Science in Analytics program begins in August 2016.
Sunshine Capital, Inc. Updates Shareholders and Announces the Opening of Its New Corporate Website
PEMBROKE PINES, Fla., March 8, 2016 (SEND2PRESS NEWSWIRE) -- Sunshine Capital, Inc. (Pink Sheets: SCNP) announces the opening of its new corporate website. Shareholders and other interested parties can view the new website at www.PinkSheetsSCNP.com.
IDS Celebrates 30th Anniversary in 2016
SALT LAKE CITY, Utah, Feb. 25, 2016 (SEND2PRESS NEWSWIRE) -- Mortgage document preparation vendor International Document Services, Inc. (IDS), announced the company will celebrate 30 years in business this year. The company plans to celebrate with various promotions and events throughout the year.
Pavaso’s Vice President of Partner Strategies and Government Affairs Elected to Co-Chair MISMO Workgroup
PLANO, Texas, Feb. 25, 2016 (SEND2PRESS NEWSWIRE) -- Nancy G. Pratt, vice president of Partner Strategies and Government Affairs at real estate technology company Pavaso, was elected to serve as co-chair of the Mortgage Industry Standards Maintenance Organization (MISMO) eMortgage Workgroup at the organization's Winter Summit in January.
Mid America Mortgage Hires Four Account Executives to Serve California, New Hampshire, Tennessee, Midwest
ADDISON, Texas, Feb. 17, 2016 (SEND2PRESS NEWSWIRE) -- Mid America Mortgage, Inc. (Mid America) Owner and Chief Executive Officer Jeff Bode announced the firm has hired four new account executives in its wholesale and correspondent lending division.
Bank of Southern California Announces Senior Vice President Promotions
SAN DIEGO, Calif., Feb. 17, 2016 (SEND2PRESS NEWSWIRE) -- Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL) announced the promotion of Marie Crivello and Debbie Marshall to Senior Vice President. Ms. Crivello joined Bank of Southern California in 2012 as Vice President, Client Relationship Manager. She has over 16 years of banking and client relationship management experience. Ms. Marshall joined the bank in 2011 as Vice President, Deposit Operations, bringing over 30 years of banking, compliance, and risk management experience to the bank.
DocMagic Unveils New Premium Rep and Warrant Offering Guaranteed TRID Compliance up to $5 Million
TORRANCE, Calif., Feb. 16, 2016 (SEND2PRESS NEWSWIRE) -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions, today announced the development of an extensive set of new reps and warrants for its calculations, documents and data, which provides peace of mind to lenders when it comes to compliance with the TRID rule.
Generate Secure Payment Link and Have Monies Direct Deposited Into Your Bank
DEERFIELD BEACH, Fla., Feb. 11, 2016 (SEND2PRESS NEWSWIRE) -- RedFin today announced the launch of a web-based electronic bill payment and presentment (EBPP) platform to its payment gateway. The new platform allows merchants to generate and email secure payment links to customers who can then make payments through a secure payment form and/or make donations online. When done, vendors will receive direct deposit of funds into their bank.
CCMC Inc. Announces New Senior Vice President
ALTAMONTE SPRINGS, Fla., Feb. 4, 2016 (SEND2PRESS NEWSWIRE) -- CCMC, the leading provider of financial technology integration solutions, announced the appointment of Steven Giannotti as Senior Vice President. Steve will report to President and Chief Executive Officer, Gene Lederer.
Titan Offers Trade Transaction Management Services to Mortgage Investors
DENVER, Colo., Jan. 19, 2016 (SEND2PRESS NEWSWIRE) -- Mortgage services expert Titan Lenders Corp. (Titan) announced it is now offering Trade Transaction Management Services to investors looking to acquire mortgage assets. Through these services, Titan facilitates the administrative tasks and logistical management of acquiring a loan pool. Using its comprehensive mortgage process and compliance foundation, Titan works in collaboration with investors to provide a deeper understanding of the risks the investor is potentially acquiring.
LeaseAccelerator to Host Webinar on Spend Management for Equipment Leases
GREAT FALLS, Va., Jan. 19, 2016 (SEND2PRESS NEWSWIRE) -- LeaseAccelerator, the leader in Equipment Lease Management Software, announced today that it will host a webinar on Spend Management for Equipment Leases. Drawing upon case studies from Fortune 500 companies, LeaseAccelerator will outline how savings of 6-8 percent can be achieved on leases in categories ranging from transportation and material handling to IT and office equipment.
Bank of Southern California Announces Ticker Symbol Change to BCAL
SAN DIEGO, Calif., Jan. 7, 2016 (SEND2PRESS NEWSWIRE) -- Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL), announced today that FINRA has approved a change in the Company's stock symbol. As of Monday, December 21, 2015 the new trading symbol for Bank of Southern California is BCAL. The former symbol, FBBN is no longer valid.
Mid America Mortgage Seeks TRID Scratch and Dent Mortgage Loans for Potential Purchase
ADDISON, Texas, Dec. 22, 2015 (SEND2PRESS NEWSWIRE) -- Mid America Mortgage, Inc. (Mid America) Owner and Chief Executive Officer Jeff Bode announced the firm's interest in purchasing Scratch and Dent loans with TILA-RESPA Integrated Disclosure (TRID) infractions, even if a previous investor has rejected the loan for purchase.
ReverseVision Offers Lenders and REALTORS a Reverse Mortgage Education Track at Jan. 2016 User Conference in San Diego
SAN DIEGO, Calif., Dec. 21, 2015 (SEND2PRESS NEWSWIRE) -- ReverseVision, Inc. today announced that mortgage lenders, bankers and REALTORS(R) interested in learning why offering reverse mortgages in their lending portfolio allows them to better serve consumers are invited to attend a 'Reverse Mortgage Facts' track at its inaugural User Conference 2016 in San Diego January 20 - 22 at the Sheraton San Diego Hoteland Marina.
Mid America Mortgage Offers Marketing Tools to Partners through Mid America Concierge Service
ADDISON, Texas, Dec. 9, 2015 (SEND2PRESS NEWSWIRE) -- Mid America Mortgage, Inc. (Mid America) Owner and Chief Executive Officer Jeff Bode announced the firm has developed Mid America Concierge, an online marketing support portal for its strategic business partners, including real estate agents and brokers.
Arkansas Mortgage Banker of The Year Announced at Fall Conference
LITTLE ROCK, Ark., Nov. 24, 2015 (SEND2PRESS NEWSWIRE) -- The Mortgage Bankers Association of Arkansas (MBAA) kicked off its annual Fall Conference with a dinner at the Little Rocks Arts Center. Arkansas Governor, Asa Hutchinson welcomed the crowd of over 100 attendees.