Tag: California Business

MCT Integrates its MCTlive! Secondary Marketing Software with Freddie Mac for Automated Loan Sale Pricing and Commitment

SAN DIEGO, Calif. /ScoopCloud/ — Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced new functionality that delivers real-time pricing and automates loan committing for Freddie Mac clients. MCT’s lender clients receive the pricing information seamlessly via its integrated capital markets technology platform, MCTlive!

Investigation Launched into ‘Sustainability’ of Controversial Logging Plans

PETROLIA, Calif. /ScoopCloud/ — The Petrolia-based Lost Coast League (LCL) today announced that the growing controversy over Humboldt Redwood Co.’s (HRC’s) plans to log virgin forests at Rainbow Ridge stepped up a notch when auditors for the highly regarded Forest Stewardship Council (FSC) announced they will be reviewing the “sustainable” certification associated with two of the company’s key logging plans.

Former L.A. County Sheriff Leroy ‘Lee’ Baca Joins the Faculty at the University of Los Angeles College of Divinity

LOS ANGELES, Calif. /ScoopCloud/ — Former Los Angeles County Sheriff Leroy “Lee” Baca, who retired as the top law enforcement officer in LA County in 2014, was appointed as a professor announced the University of Los Angeles College of Divinity in Compton, Calif. (ULACD). Ironically Sheriff Baca was previously responsible for the LA County Sheriff’s department taking over the policing in Compton from the local Compton Police department in 2000, saving the city over $8 million.

LACC Basketball Coach Mike (Michael) Miller Reveals Facts About His Innocence on TV show After Being Found Not Guilty On All Charges In Jury Trial

LOS ANGELES, Calif. /ScoopCloud/ — Los Angeles City College Coach Mike Miller, who gained fame as the most winning college basketball coach in the country from 1997-2006, with a winning percentage of .885 and a record of 241-38, was found not guilty by 12-0 vote in a jury trial verdict in Los Angeles Superior Court; announced the California Basketball Association (CBA).

The Mortgage Collaborative Announces Release of TMC Benchmark 2.0

SAN DIEGO, Calif. /ScoopCloud/ — The Mortgage Collaborative (TMC), the nation’s only independent mortgage cooperative, today announced the release of its enhanced benchmarking solution for its lender members. In collaboration with TMC Preferred Partner LBA Ware, TMC Benchmark now has an improved user interface, augmented reporting dashboards and peer segmentation.

MCT’s Bid Auction Manager (BAM) Technology Automates Tri-Party Agreement for Investors’ Bid Tape AOT Loan Sale Executions

SAN DIEGO, Calif. /ScoopCloud/ — Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced automation of the Tri-Party Agreement required between lenders, investors, and broker dealers during Assignment Of Trade (AOT) transactions in the secondary market. The functionality is built into MCT’s Bid Auction Manager(TM) (BAM) bid tape management and best execution platform.

NotaryCam Applauds Treasury Recommendations to Remove Barriers to Remote Online Notarization and ‘Fully Digital Mortgage’

NEWPORT BEACH, Calif. /ScoopCloud/ — Rick Triola, founder and CEO of the industry’s most popular remote online notarization solution, NotaryCam, calls the Department of Treasury’s recommendations in its July 31 report to the President: A Financial System That Creates Economic Opportunities: Nonbank Financials, Fintech, and Innovation “a cure to the persistent drags on real estate transactions that have prevented the consumer from experiencing the benefits now possible with digital technologies.”

Bank of Southern California NA Completes Acquisition of Americas United Bank

SAN DIEGO, Calif. /ScoopCloud/ — Bank of Southern California, N.A., San Diego (OTC Pink: BCAL / OTCMKTS:BCAL) announced today the completion of its acquisition of Americas United Bank (OTC Pink: AUNB), effective July 31, 2018. Americas United Bank had total assets of approximately $231 million as of June 30, 2018.

Summer Shakespeare Family Fun Faire at the Shore in Long Beach

LONG BEACH, Calif. /ScoopCloud/ — The Children’s Theatre of Long Beach (CTLB) presents its first Renaissance Faire experience! Partake of delicious food, Play medieval themed games, create fairy wings or armor and top it all off with a 60 minute version of Shakespeare’s “MUCH ADO ABOUT NOTHING!” Aug. 4, 2018 in Long Beach.

The City of Fresno and XG Communities announce 100 site small cell 4.9G / 5G deployment

FRESNO, Calif. /ScoopCloud/ — Today, XG Communities, LLC announced the first of over 100 new 4.9G / 5G small cell sites utilizing city-owned infrastructure in the City of Fresno. The network, which is scheduled to be operational by the end of 2018, will cover over half of the City with the latest wireless technology. This places Fresno as a clear market leader among the first cities nationwide to commence the roll-out of advanced small cell networks.

Cloudvirga’s Josephine Yen Named to MPA Magazine’s 2018 Elite Women in Mortgage

IRVINE, Calif. /ScoopCloud/ — Cloudvirga, a leading provider of digital mortgage point-of-sale (POS) software whose enterprise technology is powered by the intelligent Mortgage Platform, today announced that senior vice president of product management Josephine Yen has been named one of Mortgage Professional America magazine’s 2018 Elite Women in Mortgage.

Two Arrested at Civil Disobedience Protest on Rainbow Ridge

SAN FRANCISCO, Calif. /ScoopCloud/ — Forests Forever, a non-profit forest protection advocacy group, today announced that five employees of Lear Asset Management, a security contractor for Humboldt Redwood Co. (HRC), swept down on protesters camped near a logging road on Rainbow Ridge in the Mattole River watershed at about 5 a.m. yesterday (July 22).

Bank of Southern California NA Names Catherine Puckett VP, Business Development Manager

SAN DIEGO, Calif. /ScoopCloud/ — Bank of Southern California, N.A. (OTC Pink: BCAL), a community business bank headquartered in San Diego, is pleased to announce that Catherine Puckett has joined the company as Vice President, Business Development Manager. She will be responsible for expanding Bank of Southern California’s business banking client base by actively seeking new business opportunities in the San Diego region.

Mortgage Risk Management Firm MQMR Continues Corporate Philanthropy Efforts through Volunteer Day at Camp Impact

LOS ANGELES, Calif. /ScoopCloud/ — Mortgage Quality Management and Research, LLC (MQMR), a leader in mortgage risk management and compliance services, recently completed a volunteer day at Camp Impact as part of its on-going corporate commitment to community service. Camp Impact offers free summer camps to homeless and underprivileged youth in the Arlington and Grand Prairie, Texas, communities.

Paragon Insurance Holdings Expands Operations in San Diego with addition of Robert Etzler and opening of new offices

SAN DIEGO, Calif. /ScoopCloud/ — Paragon Insurance Holdings LLC (“Paragon”), a national multi-line specialty MGA (Managing General Agency) based in Avon, Conn., today announced its expansion in San Diego, Calif. with the opening of new offices at 401 B Street in downtown San Diego and the hiring of top local insurance professional Robert Etzler, under the leadership of Paragon regional president, Andrew Petersen.

OpenClose Launches DecisionAssist Mobile for Originators

SAN FRANCISCO, Calif. /ScoopCloud/ — OpenClose, an industry-leading multi-channel loan origination system (LOS) and mortgage fintech provider, announced at the California Mortgage Bankers Association (CMBA) 46th Annual Western Secondary Marketing Conference that it unveiled DecisionAssist(TM) Mobile, which provides fingertip access to the company’s proprietary web-based product and pricing engine (PPE)

AnyTrans is Ready to Manage, Transfer, and Share Files Across Multiple Clouds for FREE

LOS ANGELES, Calif. /ScoopCloud/ — iMobie AnyTrans today unveils a breakthrough yet FREE cloud manager – AnyTrans for Cloud, after its well-renowned iPhone manager and Android manager. For the first time, users are able to enjoy a safer, faster and auto cloud file transfer, easy content management and flexible online file sharing at one place, either on mobile, tablet, or computer.

CandyLipz Conducts Clinical Trial to Resolve Consumer Cupping Concerns

SAN FRANCISCO, Calif. /ScoopCloud/ — When some customers showed concern over cupping marks after using the lip plumper manufactured by CandyLipz, LLC, the company quickly jumped into action. It hired a third-party independent investigative research vendor, Biometrix, Inc. – a company that has conducted clinical trials for major multinational biotech, dermatology, product manufacturers and more for 20 plus years – to prove that there was nothing to worry about.

Cost-Effective GPS Distribution Over Fiber – GPS Fiber Transport Optimized for C-RAN

LOS ANGELES, Calif. /ScoopCloud/ — Optical Zonu Corp, a U.S. carrier-approved supplier of RF-Over-Fiber transport solutions and fiber monitored digital transport, has released a version of their GPS Fiber Transport specifically designed for providing the GPS connectivity for C-RAN hubs. This feature now offers 8 and 16 outputs with optional auto-switchover redundancy.

EPIC adds Sarmad Naqvi to its Private Client Practice in Northern California

SAN FRANCISCO, Calif. /ScoopCloud/ — EPIC Insurance Brokers and Consultants (‘EPIC’) today announced that risk management and insurance professional Sarmad Naqvi has joined the firm’s Private Client Insurance operations in Northern California, specializing in providing comprehensive, cost effective risk management and insurance protection to high net worth individuals and their families.

EPIC Insurance adds Eric Kitei as a Principal in Southern California

LOS ANGELES, Calif. /ScoopCloud/ — EPIC Insurance Brokers and Consultants (‘EPIC’) announced today that risk management and insurance professional Eric Kitei has joined the firm’s operations in Southern California as a Principal, focusing on the unique needs of auto dealers and others in the automotive industry.