Tag Archives: SAN DIEGO, Calif.

Collaboration Between MCT and Fannie Mae Improves Pricing for Mortgage Sellers on Select Loans

Unique Bid Tape Pricing API to Deliver More Granular Pricing Alongside Cash Window

SAN DIEGO, Calif., March 13, 2025 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, announced their integration with Fannie Mae’s new Loan Pricing API. By combining various price factors and utilizing a broader set of data found in bid tapes, the new API provides greater price transparency on certain loans. This is the latest in a series of recent collaborations between MCT and Fannie Mae intended to provide additional benefit and value to mortgage secondary market participants. This new API will provide greater transparency into the granular level pricing Fannie Mae provides to sellers on MCT Marketplace – the largest mortgage asset exchange for the U.S. secondary market.

Image caption: MCT – Mortgage Capital Trading.

“As the needs of borrowers and those who serve them evolve, Fannie Mae remains committed to investing in and delivering value through the products and services it offers,” said Pete Skarnulis, Single-Family Business Account Management Solutions – Vice President at Fannie Mae. “The new Loan Pricing API offers comprehensive pricing and a more streamlined process for obtaining the most up-to-date pricing information that creates a better experience for our industry partners.”

For mutual clients, pricing from the new API is integrated seamlessly into execution analysis, commitment, and delivery processes in MCT Marketplace. Fannie Mae sellers will retain access to the other execution options they had previously, such as the Cash Window and Servicing Marketplace®.

“Through our strong collaboration with Fannie Mae over the years, we have made it a top priority to push the secondary market forward through technology for the benefit of mutual clients,” stated Phil Rasori, COO at MCT. “We’re proud to have jointly deployed Fannie Mae’s new Loan Pricing API.”

Learn more about the features, benefits, volume, and performance of MCT and Fannie Mae technology collaborations for mortgage lenders. MCT and Fannie Mae will be available and sharing more information about their efforts for mutual client benefit at the upcoming MCT Exchange conference in San Diego held March 27-28, 2025, including the keynote presentation by Olga Gorodetsky, Director of Capital Markets at Fannie Mae.

About MCT:

For over two decades, MCT has been a leading source of innovation for the mortgage secondary market. Melding deep subject matter expertise with a passion for emerging technologies and clients, MCT is the de facto leader in innovative mortgage capital markets technology. From architecting modern best execution loan sales to launching the most successful and advanced marketplace for mortgage-related assets, lenders, investors, and network partners all benefit from MCT’s stewardship. MCT’s technology and know-how continues to revolutionize how mortgage assets are priced, locked, protected, valued, and exchanged – offering clients the tools to perform under any market condition.

For more information, visit https://mct-trading.com/ or call (619) 543-5111.

MCT Media Contact:
Ian Miller
Chief Marketing Officer
Mortgage Capital Trading
pr@mctrade.net
619-543-5111

LOGO link for media: https://www.Send2Press.com/300dpi/22-0311-s2p-mcttrad-300dpi.jpg

NEWS SOURCE: Mortgage Capital Trading Inc.

This press release was issued on behalf of the news source (Mortgage Capital Trading Inc.), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/collaboration-between-mct-and-fannie-mae-improves-pricing-for-mortgage-sellers-on-select-loans/

MCT Reports 28% Increase in Mortgage Lock Volume Heading into Spring Season

SAN DIEGO, Calif., March 11, 2025 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, today announced a 27.91% increase in mortgage lock volume compared to the previous month. Industry professionals and stakeholders are encouraged to download the full report for a detailed analysis.

Image caption: MCT Reports 28% Increase in Mortgage Lock Volume Heading into Spring Season.

The increase in volume follows the typical seasonal pattern, rebounding from the December and January winter lull. As the housing market transitions into the Spring homebuying season, this positive movement suggests improving market activity. However, recent trends indicate that total volume may rise further in March and April before tapering off as early-season buyers finalize their purchases, leading to decreased demand in the deeper summer months.

External economic factors also remain a key area of focus. The potential impact of tariffs and possible retaliatory trade measures could introduce volatility into the broader economy, which may, in turn, affect mortgage rates. Market participants are watching these developments closely as they navigate lending and investment decisions.

Andrew Rhodes, Senior Director and Head of Trading at MCT, shared his perspective on the current financial landscape: “The expectation is that the Federal Reserve will likely hold the line on rates in March and May, with markets anticipating a likely rate cut in June. Economic performance given impending tariffs, Nonfarm Payroll, and the Consumer Price Index (CPI) will continue to be the biggest factors influencing rate decisions as we move into the summer months.”

As mortgage lenders and capital markets participants prepare for evolving conditions, MCT remains committed to delivering expert guidance and data-driven insights. For a more in-depth look at market dynamics, industry professionals can access the full report on MCT’s website.

Press release: https://mct-trading.com/press-release/mct-reports-28-increase-in-mortgage-lock-volume-heading-into-spring-season/

About MCT:

For over two decades, MCT has been a leading source of innovation for the mortgage secondary market. Melding deep subject matter expertise with a passion for emerging technologies and clients, MCT is the de facto leader in innovative mortgage capital markets technology. From architecting modern best execution loan sales to launching the most successful and advanced marketplace for mortgage-related assets, lenders, investors, and network partners all benefit from MCT’s stewardship. MCT’s technology and know-how continue to revolutionize how mortgage assets are priced, locked, hedged, traded, and valued – offering clients the tools to perform under any market condition.

For more information, visit https://mct-trading.com/contact or call (619) 543-5111.

IMAGE link for media: https://mct-trading.com/wp-content/uploads/2025/03/mct-lock-volume-indices-46.png

MEDIA CONTACT:
Ian Miller
Chief Marketing Officer
Mortgage Capital Trading
619-618-7855
pr@mctrade.net

NEWS SOURCE: Mortgage Capital Trading Inc.

To view the original story, visit: https://www.send2press.com/wire/mct-reports-28-increase-in-mortgage-lock-volume-heading-into-spring-season/

Author Karin Kiser Launches ‘Before the Camino’ to Prepare New and Returning Pilgrims to Walk the Camino de Santiago

SAN DIEGO, Calif., March 7, 2025 (SEND2PRESS NEWSWIRE) — Camino Chronicles Press (https://CaminoChroniclesPress.com) and Karin Kiser today announced the release of “Before the Camino: Your Pocket Guide to Prepare Your Body and Mind for the Camino de Santiago.” While most Camino guidebooks focus on logistics, Kiser takes a new approach in this comprehensive guide, addressing the deeper issues that compel people from all walks of life to the Camino de Santiago.

Image caption: “Before the Camino: Your Pocket Guide to Prepare Your Body and Mind for the Camino de Santiago.

“As interest in the Camino explodes worldwide, so do concerns that the essence of this ancient pilgrimage route is being lost among the crowds,” Kiser says. “I am to change that.”

“The Camino has changed a great deal since I first walked it in 2011,” Kiser explains. “It has become more commercialized and more digital, with tour groups, Camino apps, and cell phones virtually everywhere. My intention with ‘Before the Camino’ is to highlight what makes the Camino de Santiago much more than a vacation or a bucket-list item.”

In “Before the Camino,” readers will discover the top myths of the Camino, pilgrim etiquette, Camino traditions, and the importance of preparing mentally, as well as physically, for what is often a transformative life experience.

“Before the Camino” is book # 1 in Kiser’s series of pocket guides for the Camino. Book # 2, “Your Inner Camino,” is designed to accompany pilgrims as they walk or bike the Camino. Book # 3, “After the Camino,” details how to integrate the Camino experience into daily life at home.

To learn more, visit https://CaminoChroniclesPress.com

About Karin Kiser:

Karin Kiser is the author of 10 books, including “Unplug Your Robot” and the international bestseller “Lighten Your Load.” She has been on and off the Camino de Santiago since 2011 – as a pilgrim, hospitalera, Pilgrim Office volunteer, and guide for small groups. Part of the proceeds from her three Camino books: “Before the Camino,” “Your Inner Camino,” and “After the Camino,” goes toward keeping the Camino clean. She leads an annual Camino Cleanup Program & Retreat, where a small group of pilgrims gather from around the world to help pick up litter along the Camino. Learn more: https://CaminoChroniclesPress.com/.

NEWS SOURCE: Author Karin Kiser

This press release was issued on behalf of the news source (Author Karin Kiser), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/author-karin-kiser-launches-before-the-camino-to-prepare-new-and-returning-pilgrims-to-walk-the-camino-de-santiago/

ShelfLife, Alex Strathdee Launch ‘Before The Bestseller: Your Proven Path to Book Sales Without Wasting Time & Money’

New guide helps nonfiction authors build an audience and achieve long-term success in book sales

SAN DIEGO, Calif., March 4, 2025 (SEND2PRESS NEWSWIRE) — ShelfLife (GetShelfLife.com) and author Alex Strathdee today announced the release of “Before The Bestseller: Your Proven Path to Book Sales Without Wasting Time & Money” (ISBN: 979-8890792631), the ultimate playbook for nonfiction authors seeking to boost book sales, build an audience, and create a bestseller that never stops selling. This book pulls back the curtain on how the top authors of today such as James Clear of “Atomic Habits” sold over 20 Million copies.

Image Caption: “Before The Bestseller” Book Cover.

This comprehensive guide reveals proven paths for launching and sustaining sales, whether authors are traditionally published, hybrid, or self-published while exposing the million-dollar scam operations running rampant in the publishing world.

“It’s the perfect book for sales-hungry nonfiction authors: No BS. Insider tips. Industry secrets. And plenty of case studies to make it come alive,” says Dan Heath, author of “Reset and Upstream,” and co-author of “Switch and Made to Stick” (1,000,000+ books sold).

In “Before The Bestseller,” readers will discover actionable strategies, real-world examples, and marketing techniques that have helped countless authors find success. Whether a writer is penning their first book or seeking new ways to reinvigorate sales, Strathdee’s new release offers a blueprint for consistent, long-term sales in the nonfiction realm.

To learn more or purchase the book, visit:
https://www.amazon.com/Before-Bestseller-Proven-Without-Wasting-ebook/dp/B0DW3RVZKM

About the Author:

Alex Strathdee is an accomplished nonfiction author and the founder of GetShelfLife.com with a client roster that includes Reid Hoffman, Nir Eyal, Allan Dib, Lewis Howes, Michael Bungay Stanier and many other authors who have sold over a million copies of their book. For the first time ever, the curtain is being pulled back on how bestselling books are made. With a passion for empowering fellow writers, Strathdee’s mission is to share industry knowledge that helps authors succeed in today’s competitive publishing landscape. Learn more: https://getshelflife.com/.

MEDIA CONTACT:
Alex Strathdee
Phone: 571-225-9377
Email: Alex@getshelflife.com

IMAGE LINK for media: https://www.Send2Press.com/300dpi/25-0304-s2p-btbestseller-300dpi.jpg

Caption: “Before The Bestseller” Book Cover

NEWS SOURCE: ShelfLife

This press release was issued on behalf of the news source (ShelfLife), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/shelflife-alex-strathdee-launch-before-the-bestseller-your-proven-path-to-book-sales-without-wasting-time-money/

MCT Introduces Atlas: Generative AI Advisor for Mortgage Capital Markets

SAN DIEGO, Calif., Feb. 27, 2025 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, today announced the release of Atlas, an artificial intelligence (AI) advisor now available within the MCTlive! platform. Atlas serves as a virtual capital markets expert and high-quality educational resource for MCT’s mortgage lender clients. With this launch, effective February 10, 2025, MCT continues its tradition of innovation in secondary marketing technology, offering clients instant access to expert knowledge and paving the way for future AI-driven workflows that will save clients time and improve their financial performance.

Image caption: MCTlive! Press Release.

“We’re proud to be the first mortgage capital markets platform to put AI in the hands of every client,” said Phil Rasori, COO of MCT and architect of Atlas. “AI has the potential to improve performance and act as a force multiplier for capital markets professionals, but only if it is deployed responsibly and transparently with careful protections for client data ownership and privacy.”

Atlas is built to the highest standards of data security and privacy after a year of careful planning, development, and testing by internal teams:

No client data has been exchanged with or used to train Atlas.
Atlas was trained on proprietary educational material, which is continually expanded as new innovations and subjects are covered.
The large language model supporting Atlas follows a strict escrow process that warrants its isolation from both developers and user data.
Retrieval augmented generation keeps the knowledge base stored in MCT’s private cloud environment.
Limited context “chunks” and function calling are used to further reduce external data transfer.

“Leadership through industry expertise and exceptional client service have been enduring core values at MCT,” said Curtis Richins, CEO. “Now we are extending that capability through Atlas, providing the collective knowledge of our experts on-demand. Whether clients are looking for instructions on platform processes or explanations of key calculations, they can now get answers with unprecedented speed and transparency.”

Atlas is currently designed for expertise distribution, effectively providing instant access to the combined knowledge base of MCT. Atlas will soon expand to include agentic report summarization and the ability to conduct core processes, which will be debuted at the MCT Exchange client conference to be held in San Diego next month. As these functions are made available, an opt-in will be provided that defines the limited client data that will be required to enable these and future capabilities.

Mortgage lenders interested in the benefits Atlas can provide their secondary marketing operations are encouraged to contact MCT.

Press release: https://mct-trading.com/press-release/atlas-generative-ai/

About MCT:

For more information, visit https://mct-trading.com/ or call (619) 543-5111.

MEDIA CONTACT:
Ian Miller
Chief Marketing Officer
Mortgage Capital Trading
619-618-7855
pr@mctrade.net

Image Link for Media: https://mct-trading.com/wp-content/uploads/2025/02/atlas-generative-ai.png

NEWS SOURCE: Mortgage Capital Trading Inc.

To view the original story, visit: https://www.send2press.com/wire/mct-introduces-atlas-generative-ai-advisor-for-mortgage-capital-markets/

2024-2025 Mortgage Industry Insights Released by The Mortgage Collaborative

Annual Mortgage Lender Survey Highlights Key Challenges & Priorities for 2025

SAN DIEGO, Calif., Feb. 24, 2025 (SEND2PRESS NEWSWIRE) — The Mortgage Collaborative (TMC), a leading network of mortgage lenders dedicated to innovation and collaboration, has released its latest Pulse of the Network report, offering key insights into the challenges and opportunities shaping the mortgage industry in 2025. The survey, conducted with decision-makers—including CEOs, COOs, and department heads from banks, credit unions, and independent mortgage banks (IMBs)—highlights how lenders are preparing for a shifting market landscape.

Image caption: 2024–2025 Mortgage Industry Insights Released by The Mortgage Collaborative.

“In a rapidly evolving mortgage environment, industry leaders are focusing on operational efficiency, strategic growth, and innovative technology to stay competitive,” said Jodi Hall, CEO and President at The Mortgage Collaborative. “Our Pulse of the Network report provides a real-time look at the industry’s top challenges and the strategic priorities guiding lenders into 2025.”

TOP INDUSTRY CHALLENGES

Lenders identified five critical issues they faced in 2024:

Housing Inventory & Affordability – Low inventory and high home prices continue to squeeze the market, limiting lending opportunities.
Rising Costs & Margin Pressure – Loan origination costs outpace revenue growth, driving the need for leaner operations.
Talent & Recruitment Struggles – Finding and retaining top Loan Officers (LOs) remains a challenge as competition intensifies.
Technology Inefficiencies – Many lenders report their tech stacks are costly and underperforming, prompting a shift toward smarter automation.
Revenue Growth in a Tight Market – With fewer refinancing opportunities, lenders are focusing on new loan products and stronger borrower relationships.

KEY STRATEGIES FOR SUCCESS

Despite challenges, lenders are proactively adjusting their strategies and focusing on these goals in 2025:

Boosting Loan Volume & Revenue – Expanding partnerships, launching new loan products, and enhancing digital marketing.
Optimizing Technology – Streamlining tech stacks, automating workflows, and improving borrower experiences.
Enhancing Talent Retention – Strengthening workplace culture, compensation, and mentorship programs.
Building Leaner Operations – Cutting inefficiencies and leveraging AI to reduce manual workloads.
Strengthening Industry Collaboration – Engaging in peer networks, benchmarking, and market insights.

THE PATH FORWARD

The mortgage industry is poised for transformation in 2025, and TMC’s Pulse of the Network report underscores the importance of adaptability, strategic investment, and collaboration. By focusing on efficiency, technology, and talent, lenders can position themselves for growth in an unpredictable market.

“At TMC, we believe success isn’t just about navigating today’s challenges—it’s about preparing for the future,” added Jodi Hall. “Our network is committed to empowering lenders with the insights, tools, and connections needed to thrive in any market conditions.”

For the full report visit our blog.

*To participate in our next survey, talk to us about joining TMC: set a time to talk or email us.

About The Mortgage Collaborative:

The Mortgage Collaborative (TMC) is a member-driven organization dedicated to empowering mortgage lenders across the U.S. through networking, education, and advocacy. By fostering an environment of collaboration and innovation, TMC supports the success of its members, ensuring they thrive in a rapidly evolving industry. For more information, visit www.mortgagecollaborative.com.

NEWS SOURCE: The Mortgage Collaborative

This press release was issued on behalf of the news source (The Mortgage Collaborative), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/2024-2025-mortgage-industry-insights-released-by-the-mortgage-collaborative/

Mortgage Lock Volume Stays Flat in Latest MCT February Indices

SAN DIEGO, Calif., Feb. 6, 2025 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, announced today a 0.12% decrease in mortgage lock volume compared to the previous month. Industry professionals and market enthusiasts are encouraged to download the complete report for a deeper understanding of the latest market trends and dynamics.

Image caption: Mortgage Lock Volume Stays Flat in Latest MCT February Indices.

Despite the drop in refinance volume, purchase volume has remained steady, resulting in relatively no change in overall production volume month-over-month. The stability in purchase volume continues to support market activity while the industry awaits potential shifts in interest rates.

MCT’s data did show an increase in refinance production in the latter half of January. However, this uptick is likely attributable to the seasonal lull of the holiday period when compared to the end of December.

The outlook for the upcoming Federal Reserve meeting remains uncertain, as additional data is required to refine market predictions. “Tariffs, if or when implemented, may have an impact on inflation which will have influence over the next Fed decision,” said Andrew Rhodes, Senior Director and Head of Trading at MCT. “This, along with upcoming Nonfarm payroll and Consumer Price Index (CPI) reports, will help determine the outlook for mortgage rates heading into the Spring season.”

MCT’s latest report offers an in-depth analysis of these factors, providing valuable insights to lenders, investors, and industry stakeholders as they navigate the shifting mortgage landscape. To access the full report and learn more about MCT’s innovative solutions, visit MCT’s website.

MCT’s Lock Volume Indices present a snapshot of rate lock volume activity in the residential mortgage industry broken out by lock type (purchase, rate/term refinance, and cash out refinance) across a broad diversity of lenders (e.g., sizes, products/services offered, business models) from MCT’s national footprint.

Download the report: https://mct-trading.com/press-release/mortgage-lock-volume-flat-latest-february-indices/

About MCT:

For over two decades, MCT has been a leading source of innovation for the mortgage secondary market. Melding deep subject matter expertise with a passion for emerging technologies and clients, MCT is the de facto leader in innovative mortgage capital markets technology. From architecting modern best execution loan sales to launching the most successful and advanced marketplace for mortgage-related assets, lenders, investors, and network partners all benefit from MCT’s stewardship. MCT’s technology and know-how continue to revolutionize how mortgage assets are priced, locked, hedged, traded, and valued – offering clients the tools to perform under any market condition.

For more information, visit https://mct-trading.com/ or call (619) 543-5111.

IMAGE link for media: https://mct-trading.com/wp-content/uploads/2025/02/mct-lock-volume-indices-43.png

MEDIA CONTACT:
Ian Miller
Chief Marketing Officer
Mortgage Capital Trading
619-618-7855
pr@mctrade.net

NEWS SOURCE: Mortgage Capital Trading Inc.

To view the original story, visit: https://www.send2press.com/wire/mortgage-lock-volume-stays-flat-in-latest-mct-february-indices/

Optimal Blue Introduces Seven Major Innovations at Its Inaugural User Summit in San Diego

Company continues its streak of aggressive product innovation and no-cost feature additions

SAN DIEGO, Calif., Feb. 4, 2025 (SEND2PRESS NEWSWIRE) — Optimal Blue today unveiled a series of new products and features, alongside its major Ask Obi AI assistant announcement, at its Summit user conference in San Diego. These innovation announcements underscore the company’s commitment to delivering high-impact solutions, at no additional cost, that tackle real-world challenges and help lenders maximize profitability.

Image caption: Optimal Blue.

“Today more than ever, lenders need software and data solutions that empower them to make smarter business decisions and operate with efficiency, and Optimal Blue is demonstrating our commitment to helping them navigate and thrive in this complex and highly regulated environment,” said Erin Wester, chief product officer at Optimal Blue. “The products and features announced at our Optimal Blue Summit are not simply software – they are solutions designed specifically to help lenders maximize their profitability, built based on real feedback gathered from our hundreds of clients. These innovations are a testament to Optimal Blue’s state-of-the-art product, research and development, and engineering teams that go to work for the benefit of our clients every day.”

Major product enhancements announced during the Summit include:

ORIGINATOR ASSISTANT

Originator Assistant is an AI-powered tool in the Optimal Blue PPE that identifies alternate loan scenarios that can produce more competitive pricing, helping loan officers have more strategic discussions with borrowers to win more business. Originator Assistant further amplifies Optimal Blue’s Scenario Optimizer tool, which was introduced last fall to allow clients to run up to three pricing scenarios side-by-side. Originator Assistant examines applicable adjustments, margins, and other price components, and identifies where small loan setup/parameter changes could positively impact pricing. Fully embedded within a loan officer’s workflow, Originator Assistant runs behind-the-scenes as part of every scenario search.

RULES OPTIMIZER

Rules Optimizer is a feature in the Optimal Blue PPE that allows lenders to streamline the rule creation process by creating a single rule and applying it to multiple investor relationships. This gives lenders flexibility to take advantage of both one-to-one and one-to-many investor relationships or custom rule writing. Rules Optimizer also offers change history tracking so users can easily see updated rules and investors/products at a granular level, as well as the ability to schedule run periods in advance to support specials and limited-time promotions. Rules Optimizer is built on top of the Optimal Blue PPE’s system-maintained ratesheet content, which is regarded for its industry-leading accuracy.

RATESHEET TOOL

The Ratesheet Tool is a feature that connects front-end pricing (i.e., origination) with back-end pricing (i.e., secondary) to allow lenders to generate ratesheet pricing with a known margin, accurately. Linking to both the Optimal Blue PPE and the CompassEdge hedging and loan trading platform, the Ratesheet Tool allows secondary users to access a back-end price and deliver a more accurate execution price to originators. The Ratesheet Tool offers a new way for lenders to generate ratesheets with their own proprietary pricing, with precision and accuracy from secondary to origination. This solution showcases a distinct benefit lenders can only realize from working with Optimal Blue, given the company’s end-to-end capital markets platform encompassing both product and pricing and hedging and trading.

CONFIRM ASSISTANT

Confirm Assistant is a feature in the CompassEdge hedging and loan trading platform that reduces both the time and potential for manual errors associated with reading TBA trade confirmation files. The tool uses AI to read files from broker-dealers, parsing the documents into usable formats. With Confirm Assistant, users simply drag and drop confirmation files and approve them without having to manually key in data. This benefits users by reducing manual, time-consuming steps and freeing up staff to focus on more complex trades.

MORTGAGE RATE FUTURES

First announced in November 2024, Optimal Blue has partnered with CME Group, the world’s leading derivatives marketplace, to provide the Optimal Blue Mortgage Market Index (OBMMI) as the foundation for CME Group’s new Mortgage Rate futures. Launched on Jan. 13, 2025, Mortgage Rate futures are cash-settled contracts that provide direct exposure to the latest primary mortgage rate available to borrowers, giving mortgage originators an additional instrument to hedge pipeline and servicing risk. The contracts are the first-ever to be based on the 30-Year Fixed Rate Conforming OBMMI, which is designed for IOSCO compliance and tracks real-time rate lock data from more than one-third of U.S. residential mortgage originations.

SOLUTION CENTER

The Solution Center is a partner marketplace within Optimal Blue’s Comergence platform that expands revenue opportunities for mortgage lenders and investors and third-party partners and vendors. The Solution Center provides a platform where users can sell products and services through a two-sided marketplace of vetted integration partners. It supports more streamlined vendor communication, and the Solution Center Academy provides a resource for asynchronous training, helping investors promote strategic relationships, as well as required trainings, for their third-party originators.

ASK OBI

Finally, as announced earlier today, Ask Obi is Optimal Blue’s new standalone AI assistant that gives executives instant, interactive access to granular data insights and trends to improve business decisions. Ask Obi gives lenders the power to view their operations holistically with data aggregation across Optimal Blue’s comprehensive capital markets platform, reaching from loan origination data through hedging and trading.

Optimal Blue’s Summit user conference features multi-track sessions exploring AI and automation trends, profitability strategies, market insights, and more, led by leading economists, policymakers, and lenders, as well as the company’s own subject matter experts.

About Optimal Blue:

Optimal Blue effectively bridges the primary and secondary mortgage markets to deliver the industry’s only end-to-end capital markets platform. The company helps lenders of all sizes and scopes maximize profitability and operate efficiently so they can help American borrowers achieve the dream of homeownership. Through innovative technology, a network of interconnectivity, rich data insights, and expertise gathered over more than 20 years, Optimal Blue is an experienced partner that, in any market environment, allows lenders to optimize their advantage from pricing accuracy to margin protection, and every step in between. To learn more, visit https://OptimalBlue.com/.

NEWS SOURCE: Optimal Blue

This press release was issued on behalf of the news source (Optimal Blue), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/optimal-blue-introduces-seven-major-innovations-at-its-inaugural-user-summit-in-san-diego/

Optimal Blue Announces Ask Obi, an AI Assistant to Provide Mortgage Lending Executives With Real-Time Business Insights

Conversational generative AI chat assistant to provide easy-to-understand, interactive insights and graphical representations to help lenders maximize profitability

SAN DIEGO, Calif., Feb. 4, 2025 (SEND2PRESS NEWSWIRE) — Optimal Blue today announced Ask Obi, an AI assistant designed to provide mortgage lending executives with instant, actionable insights from their Optimal Blue products and data. Unveiled during Optimal Blue’s inaugural Summit user conference in San Diego, Ask Obi gives lenders the power to view their operations holistically with data aggregation across Optimal Blue’s comprehensive capital markets platform.

Image caption: Optimal Blue.

Ask Obi enables executives to inquire about intricate profitability metrics with simple, conversational queries – such as, “What markets had the greatest change in average margins from Q3 2024 to Q4 2024?” or “Which loan officers issued the most concessions over the second week of January 2025?” – and get easy-to-understand answers at a granular level to improve strategic decision-making.

“Our clients operate in a time when speed and accuracy matters, so having to wait for reports to be generated – only to then spend more time poring over those reports to get to the insights needed to make decisions – doesn’t make sense,” said Joe Tyrrell, CEO of Optimal Blue. “With Ask Obi, those hours of generating, compiling, and analyzing reports are replaced with accurate, real-time, personalized information, designed specifically for decision-makers, by delivering the data that matters most to their profitability. While other companies are talking about AI, but in reality are still trying to catch up to our accuracy and core capabilities, Optimal Blue has already embraced generative AI to solve real operational and capital markets challenges, all at no additional cost to our clients.”

“Ask Obi demonstrates the unique value clients realize by working with Optimal Blue, a provider of comprehensive capital markets technology,” said Erin Wester, chief product officer of Optimal Blue. “Through the power of generative AI, users can have an interactive conversation to better understand the data that drives their business. In contrast to other tools that may require filters and manual selections, Ask Obi is designed for ease of use and conversational interactions, while conveniently building off a user’s previous inquiries and suggesting preloaded questions.”

Available to Optimal Blue clients for beta testing later this month, Ask Obi offers complete access to a lender’s PPE data, with development work underway to expand access across Optimal Blue’s complete capital markets platform. This initiative aligns with Optimal Blue’s larger vision to deliver comprehensive interoperability among its end-to-end capital markets products, allowing clients to benefit from synthesized data and machine learning for enhanced margin management and profitability oversight.

Ask Obi is one of several innovations the company announced at its Summit, demonstrating its commitment to continuous investment in its products to help its clients maximize lending profitability.

About Optimal Blue:

LOGO link for media: https://www.Send2Press.com/300dpi/14-0625-s2p-optimal-blue-300dpi.jpg

NEWS SOURCE: Optimal Blue

To view the original story, visit: https://www.send2press.com/wire/optimal-blue-announces-ask-obi-an-ai-assistant-to-provide-mortgage-lending-executives-with-real-time-business-insights/

The Mortgage Collaborative Appoints Jodi Hall as New CEO and President

SAN DIEGO, Calif., Jan. 24, 2025 (SEND2PRESS NEWSWIRE) — The Mortgage Collaborative (TMC), the nation’s leading network of independent mortgage lenders, banks, credit unions, and service providers, is proud to announce the appointment of Jodi Hall as its new Chief Executive Officer and President.

Photo caption: The Mortgage Collaborative Appoints Jodi Hall as New CEO and President.

With nearly 30 years of transformative experience in the mortgage industry, Jodi Hall is a visionary leader known for driving innovation, operational excellence, and organizational growth. As the Founder of DandaRoad, LLC, she has played a key role in modernizing mortgage processes and advising lenders on cutting-edge technology solutions. Previously, she held pivotal leadership positions at CrossCountry Mortgage and Nationwide Mortgage Bankers, where she helped scale operations to multibillion-dollar production levels.

“We couldn’t be more thrilled to have Jodi on board,” said Jim Park, Interim CEO and Co-Founder of TMC. “Her knack for innovation, her leadership skills, and her dedication to lifting others up make her the perfect person to help write TMC’s next chapter.”

In her new role, Hall will steer TMC’s operations, spearhead new initiatives, and amplify the organization’s value proposition to its members. A dedicated advocate and longtime collaborator, she has been instrumental in expanding the TMC network, connecting numerous organizations, and championing its mission every step of the way.

“I am honored to join TMC as CEO and President,” said Hall. “I’ve always believed that a commitment to innovation and action drives success in this industry. My focus at TMC will mirror what has been consistent throughout my career: creating an ecosystem where collaboration fuels growth. Lenders and vendor partners are stronger when we are empowered and equipped to solve problems together.”

For more information about TMC, visit https://www.mortgagecollaborative.com/.

About The Mortgage Collaborative:

NEWS SOURCE: The Mortgage Collaborative

To view the original story, visit: https://www.send2press.com/wire/the-mortgage-collaborative-appoints-jodi-hall-as-new-ceo-and-president/

Mortgage Capital Trading (MCT) Unveils MSRlive! 4.0 – Offering Ground-Breaking Enhancements to MSR Reporting and Transparency

SAN DIEGO, Calif., Jan. 16, 2025 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading (MCT), the de facto leader in innovative mortgage capital markets technology, today announced the release of MSRlive! 4.0, a groundbreaking enhancement to its mortgage servicing rights (MSR) valuation platform. The latest version offers mortgage servicers an unprecedented level of transparency and business intelligence, equipping portfolio managers with powerful new tools to assess and optimize their portfolios.

Image caption: Mortgage Capital Trading (MCT) Unveils MSRlive! 4.0.

With MSRlive! 4.0, portfolio managers gain direct insight into the key drivers behind valuation changes over time. The enhanced reporting offers a clear, intuitive view of risk exposure, allowing managers to identify and address potential vulnerabilities with ease. These advancements are a major leap forward for the industry, which has long sought more precise, accessible, and actionable analytics.

“We have listened to our clients and successfully built the reporting they need to analyze their portfolios with confidence,” said Bill Shirreffs, Head of MSR Services at MCT. “The essential elements are incorporated into the analytical reporting, with the ability to pull back the hood and see exactly what’s driving the valuation results.”

The enhanced reporting delivers a behind-the-scenes perspective of mortgage servicing portfolios, offering in-depth analysis that includes factors such as:

Valuation Assumptions
Breakeven Analysis
Duration and Convexity
Rate of Return on Investment
Cash Flow Summary Analysis

This added transparency enables portfolio managers to better understand portfolio performance and valuation drivers. The advanced summary reporting provides comprehensive, digestible insights, allowing for more confident decision-making and faster response to various market changes.

The launch of MSRlive! 4.0 solidifies MCT’s position as the industry leader in mortgage capital markets technology. Its innovative combination of enhanced data access and user-friendly analytics raises the bar for portfolio transparency, allowing users to quickly assess performance and valuation shifts at both a macro and granular level.

Shirreffs added, “Our clients now have a reporting system that’s not just powerful but also transparent. For the first time, they have the tools to make sense of the drivers behind period over period valuation changes — in a way that no other MSR portfolio management platform in the industry can offer.”

The industry’s growing need for deeper analytical insight and control is met head-on by MSRlive! 4.0. As portfolio managers strive to optimize their strategies in a rapidly shifting market, this release offers a decisive advantage with its enhanced precision, actionable intelligence, and ease of use.

To learn more about MSRlive! 4.0 or schedule a demo, contact MCT.

Read the press release: https://mct-trading.com/press-release/mct-unveils-msrlive-4/

About MCT:

For over two decades, MCT has been a leading source of innovation for the mortgage secondary market. Melding deep subject matter expertise with a passion for emerging technologies and clients, MCT is the de facto leader in innovative mortgage capital markets technology. From architecting modern best execution loan sales to launching the most successful and advanced marketplace for mortgage-related assets, lenders, investors, and network partners all benefit from MCT’s stewardship. MCT’s technology and know-how continue to revolutionize how mortgage assets are priced, locked, hedged, traded, and valued – offering clients the tools to perform under any market condition.

For more information, visit https://mct-trading.com/ or call (619) 543-5111.

MEDIA CONTACT:
Ian Miller
Chief Marketing Officer
Mortgage Capital Trading
619-618-7855
pr@mctrade.net

IMAGE URL: https://mct-trading.com/wp-content/uploads/2025/01/msrlive-4.0-pr.png

NEWS SOURCE: Mortgage Capital Trading Inc.

To view the original story, visit: https://www.send2press.com/wire/mortgage-capital-trading-mct-unveils-msrlive-4-0-offering-ground-breaking-enhancements-to-msr-reporting-and-transparency/

MCT Reports 16% Decrease in Mortgage Lock Volume Amid Market Dynamics

SAN DIEGO, Calif., Jan. 14, 2025 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, announced today a 16.7% decrease in mortgage lock volume compared to the previous month. Industry professionals and market enthusiasts are encouraged to download the complete report to gain comprehensive insights into the evolving market dynamics.

Image caption: Lock Volume for December by Transaction Type.

December’s mortgage activity saw a slight uptick in refinance production. However, this increase was not enough to significantly impact overall production levels. The majority of December’s mortgage activity stemmed from purchase volume, reflecting a consistent trend in the current housing market.

“The Fed is expected to hold rates steady for longer as we continue to see a strong jobs market coupled with lowering inflation,” stated Andrew Rhodes, Senior Director and Head of Trading at MCT. “As we move into 2025, nonfarm payroll and the Consumer Price Index (CPI) will continue to be critical data points providing insight into any potential rate cuts. However, the more immediate focus is on the incoming administration policy changes and their effect on the market.”

The market is currently pricing in an expectation of higher mortgage rates for a longer period, influenced by stronger-than-expected nonfarm payroll numbers and the conservative nature of the Federal Reserve’s dot plot projections.

MCT’s latest report offers an in-depth analysis of these factors, providing valuable insights to lenders, investors, and industry stakeholders as they navigate the shifting mortgage landscape.

Report: https://mct-trading.com/press-release/mct-reports-16-decrease-in-mortgage-lock-volume-amid-market-dynamics/

About MCT:

For over two decades, MCT has been a leading source of innovation for the mortgage secondary market. Melding deep subject matter expertise with a passion for emerging technologies and clients, MCT is the de facto leader in innovative mortgage capital markets technology. From architecting modern best execution loan sales to launching the most successful and advanced marketplace for mortgage-related assets, lenders, investors, and network partners all benefit from MCT’s stewardship. MCT’s technology and know-how continue to revolutionize how mortgage assets are priced, locked, hedged, traded, and valued – offering clients the tools to perform under any market condition.

For more information, visit https://mct-trading.com/ or call (619) 543-5111.

MEDIA CONTACT:
Ian Miller
Chief Marketing Officer
Mortgage Capital Trading
619-618-7855
pr@mctrade.net

MULTIMEDIA:

IMAGE LINK for media: https://mct-trading.com/wp-content/uploads/2025/01/mct-lock-volume-indices-39.png

Image caption: Lock Volume for December by Transaction Type.

NEWS SOURCE: Mortgage Capital Trading Inc.

To view the original story, visit: https://www.send2press.com/wire/mct-reports-16-decrease-in-mortgage-lock-volume-amid-market-dynamics/

Polly and CapitalW Collective Align to Support Women in Mortgage Capital Markets

SAN DIEGO, Calif., Jan. 10, 2025 (SEND2PRESS NEWSWIRE) — CapitalW Collective, a trailblazing non-profit dedicated to advancing women and their allies in mortgage capital markets, proudly announces Polly as its first product and pricing engine (PPE) Diamond-level corporate sponsor. This alliance underscores CapitalW Collective’s mission “to create more inclusive and dynamic mortgage capital markets, one woman and ally at a time.”

Image caption: CapitalW Collective.

United for Industry Transformation

Polly, a leading provider of innovative mortgage capital markets technology and operator of the industry’s first and only cloud-native, commercially scalable product and pricing engine (PPE), shares CapitalW Collective’s commitment to educating, elevating, and empowering underrepresented groups within the mortgage capital markets vertical.

“We are ecstatic to welcome Polly as a corporate sponsor and partner,” said Amy Creason, Co-founder and Board Member of CapitalW Collective. “As a true pioneer in mortgage capital markets, Polly has been instrumental in transforming analysis, accuracy, and automation within mortgage technology. Their support of CapitalW Collective’s efforts to encourage more women to explore this important segment of the mortgage industry and champion the development of underrepresented groups is inspiring.”

Empowering Through Support

As a Diamond-level corporate sponsor and ally, Polly will offer impactful support with educational resources and broaden platforms that unite advocates throughout the industry. Additionally, Polly’s expertise will enrich CapitalW Collective’s initiatives to drive significant industry-wide progress.

Adam Carmel, Founder and CEO of Polly, shared: “It is a great honor to partner with and support CapitalW Collective’s mission to educate, elevate, and empower. It is powerful and important.” As part of the collaboration, Polly leaders Cheryl Messner, Drew Martinez, Jackie Studdert, Melanie (Simmer) Power, and Samantha MacKendrick will be advocates for CapitalW Collective’s initiative, participating in educational webinars, supporting career development and mentorship opportunities, and more.

About CapitalW Collective

CapitalW Collective is a 501(c)(3) non-profit comprised of female capital markets professionals and their allies that fosters an environment of learning, growth, recognition, and achievement. The organization is dedicated to supporting women in mortgage capital markets through a range of programs designed to foster leadership, professional development, and networking opportunities.

For more information, visit https://capitalwcollective.org/.

NEWS SOURCE: CapitalW Collective

This press release was issued on behalf of the news source (CapitalW Collective), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/polly-and-capitalw-collective-align-to-support-women-in-mortgage-capital-markets/

MCT Reports a 15% Decrease in Mortgage Lock Volume Amid Higher Rates

SAN DIEGO, Calif., Dec. 11, 2024 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, has announced a 15.12% decrease in mortgage lock volume compared to the previous month. The data, reflecting current market dynamics, is available in MCT’s latest report, which offers in-depth analysis and insights for industry professionals and stakeholders.

Image caption: Image Caption: Lock Volume for November by Transaction Type.

While the market exhibited relative stability post-election, a clear downtrend in refinance activity was observed as interest rates settled. Heading into the winter months and with a new presidential administration taking office in January, volatility concerns remain a focal point for the industry. Current expectations suggest that mortgage volume will stay low through the early months of the year.

Andrew Rhodes, Senior Director and Head of Trading at MCT, commented on the outlook: “Most lenders have already priced in at least one rate cut in either December or January. Barring unforeseen events, mortgage rates are predicted to remain relatively steady through the winter months.”

Industry forecasts indicate that rates are likely to hold or increase slightly, further dampening refinance activity. With the evolving market landscape, industry professionals are encouraged to stay informed of potential shifts in the coming months.

For further insights into the current mortgage market and the latest trends in lock volume, MCT invites industry professionals to download the full report.

About MCT:

For over two decades, MCT has been a leading source of innovation for the mortgage secondary market. Melding deep subject matter expertise with a passion for emerging technologies and clients, MCT is the de facto leader in innovative mortgage capital markets technology. From architecting modern best execution loan sales to launching the most successful and advanced marketplace for mortgage-related assets, lenders, investors, and network partners all benefit from MCT’s stewardship. MCT’s technology and know-how continue to revolutionize how mortgage assets are priced, locked, hedged, traded, and valued – offering clients the tools to perform under any market condition.

For more information, visit https://mct-trading.com/ or call (619) 543-5111.

Download report at: https://mct-trading.com/press-release/mct-reports-15-decrease-in-mortgage-lock-volume-amid-higher-rates/

MEDIA CONTACT:
Ian Miller
Chief Marketing Officer
Mortgage Capital Trading
619-618-7855
pr@mctrade.net

IMAGE link for media: https://www.Send2Press.com/300dpi/24-1211-s2p-mct-lock-volume-300dpi.jpg

Image Caption: Lock Volume for November by Transaction Type

NEWS SOURCE: Mortgage Capital Trading Inc.

To view the original story, visit: https://www.send2press.com/wire/mct-reports-a-15-decrease-in-mortgage-lock-volume-amid-higher-rates/

MCT Announces 2.5% Increase in Mortgage Lock Volume Despite October Market Volatility

SAN DIEGO, Calif., Nov. 15, 2024 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, reported a 2.5% increase in mortgage lock volume compared to the previous month. Mortgage market professionals and industry enthusiasts are invited to download MCT’s comprehensive report to gain deeper insights into the current market dynamics.

Image caption: MCT Mortgage Lock Volume Indices Oct 2024.

October proved to be a dynamic month for the mortgage market. An increase in mortgage rates, spurred by election volatility, led to a reversal of the refinancing uptick observed in September. However, a rise in purchase volume during the month managed to counterbalance the decline in refinancing, resulting in overall month-over-month lock volume remaining relatively flat.

The uncertainty surrounding the elections caused temporary market disruptions and a downturn in markets, which has now eased following the decisive election results. This change has brought a level of stability and clarity to the market.

Andrew Rhodes, Senior Director and Head of Trading at MCT, stated, “With the election and last Thursday’s Federal Reserve meeting behind us, we anticipate markets will stabilize with the new focus on November jobs and CPI data points.”

For further insights into the current mortgage market and the latest trends in lock volume, MCT invites industry professionals to download the full report.

About MCT:

For more information, visit https://mct-trading.com/ or call (619) 543-5111.

NEWS SOURCE: Mortgage Capital Trading Inc.

To view the original story, visit: https://www.send2press.com/wire/mct-announces-2-5-increase-in-mortgage-lock-volume-despite-october-market-volatility/

IEP Careers and IEP Physician Search Secure Partnership with ISASS to Assist Placing Spine Surgeons

SAN DIEGO, Calif., Nov. 11, 2024 (SEND2PRESS NEWSWIRE) — The International Society for the Advancement of Spine Surgery (ISASS) has teamed up with Magnifi Group, Inc. to assist its surgeon members in securing their next career opportunity. This partnership gives ISASS surgeon members access to both the IEP Careers Job Board and the IEP Physician Search Solutions.

Image caption: IEP Physician Search.

The IEP Careers Job Board will be accessible directly through the ISASS website. It features the most recent available spine surgeon positions and allows ISASS Members to set up their profiles, post their resumes, and receive real-time job alerts.

ISASS members’ practices can easily post their open positions, ensuring exposure to qualified candidates across the U.S.

This partnership positions IEP Careers to become the leading job board for spine surgeons. Magnifi has an extensive database of spine surgeons and network of medical centers through its 14 years of hosting the Spine IEP Fellows and Young Surgeons Course – www.spine-iep.com. “Each year, our course helps us build relationships with the next generation of spine surgeons,” said Andrew Wolpe, President & COO of Magnifi Group. Wolpe added that this helps IEP Careers feature the latest available spine jobs and surgeon candidates.

IEP Physician Search – a Magnifi Group partner company – is a full-service recruiting solution that specializes in helping spine surgeons find their perfect practice. This service will be available at no cost to ISASS members.

Liesl Bernard, CEO of IEP Physician Search, said her team has a deep understanding of the requirements and the unique needs of both candidates and medical practices. “IEP Physician Search will take the required time to meet the specific goals and preferences of all candidates and medical centers, ensuring the right fit,” Bernard said. Bernard added that IEP Physician Search does not charge a retainer and is only paid on successful candidate placement.

Rick Thiele, Executive Director of ISASS, said IEP Careers and IEP Physician Search are natural extensions of the organization’s role in providing a comprehensive platform to its members. “Teaming up with IEP Careers and IEP Search will significantly assist both new and seasoned ISASS members who are looking to make a change,” Thiele said.

Founded in 2000, ISASS is committed to enhancing the science and practice of non-operative and surgical interventions to restore and improve function to the spine. In keeping with the rapidly developing aspects of spine care, ISASS serves as a platform for the exchange of experience, ideas, and evidence regarding technologies, procedures, and modalities for the diagnosis and treatment of spinal conditions. ISASS will hold its 25th Annual Conference, April 10-12, 2025, in Miami, FL. Learn more: https://isass25.eventscribe.net/

IEP Careers and IEP Search are dedicated to connecting exceptional orthopedic and neuro spine surgeons with premier healthcare facilities across the United States. Learn more: www.iep-careers.com and https://iep-search.com/.

For additional information, contact Talia Guliasi. tguliasi@magnifigroup.com

LOGO link for media: https://iep-search.com/wp-content/uploads/2023/06/IEP-Logo-web.jpg

NEWS SOURCE: Magnifi Group

This press release was issued on behalf of the news source (Magnifi Group), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/iep-careers-and-iep-physician-search-secure-partnership-with-isass-to-assist-placing-spine-surgeons/

MCT Empowers Mortgage Hedging Performance with Customized Spec Durations

SAN DIEGO, Calif., Oct. 24, 2024 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, announced today an improvement to functionality through customizable duration analysis for specified loan products. Mortgage lenders using the comprehensive capital markets platform MCTlive! now have the ability to increase, review, and refine the granularity of their spec durations, leading to more precise hedging and reduced basis risk. The new specified loan durations functionality, customized to the given lender’s execution, puts the formerly back-end modeling directly in the hands of mortgage capital markets professionals.

Image caption: MCT Empowers Mortgage Hedging Performance with Customized Spec Durations.

“Pricing granularity in the secondary mortgage market has steadily increased for nearly a decade. We feel it is essential to give clients transparency and customized control around spec durations,” said Phil Rasori, COO of MCT. “As evidenced by the Mission Score programs and the latest low loan balance specified pool tranches, a rising share of production can be expected to be spec eligible in the future. With this release, our clients are prepared to reap the benefits of that trend while maintaining the strongest possible hedge performance.”

Specified loan products available to be sold to the agency cash windows or Ginnie Mae securitizations yield better pricing for mortgage lenders, but their durations vary compared to non-spec production, which, if not properly accounted for, exposes hedged mortgage pipelines to basis risk and underperformance. Many lenders choose to adjust for the spec duration variance by estimating off an average of their pipeline expected to be spec eligible, but this approach leaves them vulnerable to changes in the makeup of their pipeline.

MCT’s superior approach runs an analysis of each execution of each spec program to calculate and set spec durations. These executions include product-level cash window, dealer pay-up survey and, most importantly, MCTlive! platform specified pool executions. Spec durations are now available for review and customization by clients. This new functionality is designed for seasoned capital markets professionals to get involved in the process themselves rather than having it managed by MCT experts. Lenders interested in a refresher are encouraged to read Duration & Convexity in Mortgage Pipeline Hedging.

“Giving our clients and traders the ability to match their loan durations to their spec executions provides them a critical edge in the industry-wide progression towards higher pricing granularity,” said Andrew Rhodes, Senior Director, Head of Trading at MCT. “For lenders delivering significant specified loan production, increasing duration granularity can bring about a meaningful improvement in their hedge performance.”

Mortgage lenders interested in learning more about how granular spec durations may increase their hedge performance are encouraged to schedule a consultation with MCT for the upcoming MBA Annual Convention and Expo.

About MCT:

For more information, visit https://mct-trading.com/ or call (619) 543-5111.

View the MCT newsroom at: https://mct-trading.com/newsroom/press-releases/

MEDIA CONTACT:
Ian Miller
Chief Marketing Officer
Mortgage Capital Trading
619-618-7855
pr@mctrade.net

MULTIMEDIA:

LOGO link for media: https://www.Send2Press.com/300dpi/22-0311-s2p-mcttrad-300dpi.jpg

Legalize Ferrets Pauses Lawsuit, Files Petition for Regulatory Change with California Office of Administrative Law

SAN DIEGO, Calif., Oct. 11, 2024 (SEND2PRESS NEWSWIRE) — Legalize Ferrets, the grassroots organization advocating for the legalization of domestic ferrets in California, has announced a strategic pause in its ongoing lawsuit in San Diego Superior Court. The decision follows the filing of a petition for regulatory change with the California Office of Administrative Law (OAL), marking a new approach in the effort to challenge the state’s longstanding ban on ferrets.

Image caption: Legalize Ferrets Files Petition for Regulatory Change with California Office of Administrative Law.

The shift in strategy stems from the fact that California’s ferret ban, enacted in 1931, predates the establishment of the OAL and the Administrative Procedure Act (APA). The APA mandates that all regulations go through a formal process to ensure transparency, accountability, and public input—something that did not occur with the ferret ban. By filing this petition, Legalize Ferrets is now addressing the issue where it originated: before the OAL.

“We believe this petition represents our best path forward,” said Pat Wright, founder of Legalize Ferrets. “The OAL was created to ensure that regulations like this are properly vetted through a formal process, which is something the ferret ban has never gone through. We are optimistic that this will lead to a fair and thorough review, which has been missing for nearly a century.”

The OAL has sixty days to respond to the petition, during which Legalize Ferrets remains committed to pursuing all available avenues for justice. While the lawsuit in San Diego Superior Court is paused, the group believes that the regulatory petition offers a strong chance of success by revisiting the legal basis for the ban.

“We’re not stepping back – we’re simply changing our approach,” Wright added. “We’re confident that the regulatory process will allow for a fresh and fair review of the facts, and we encourage our supporters to stay engaged and continue pushing for change.”

Supporters are encouraged to sign the Change.org petition to further the cause.

About Legalize Ferrets:

Legalize Ferrets is a grassroots organization dedicated to the legalization of domestic ferrets in California. The group advocates for legislative and regulatory changes to overturn the nearly century-old ban on ferrets in the state. Through legal action, public outreach, and education, Legalize Ferrets aims to ensure that ferret owners can enjoy the same rights as pet owners in 48 other states.

For more information, please visit https://www.legalizeferrets.org/.

The petition and exhibits are at (PDF): https://www.legalizeferrets.org/wp-content/uploads/2024/10/Petition-for-Regulation-Change.pdf.

There is a change.org petition that people can sign at https://chng.it/mw7MJNpc95.

MULTIMEDIA:

Image link for media: https://www.Send2Press.com/300dpi/24-1010-s2p-legalizeferrets-300dpi.jpg

NEWS SOURCE: Legalize Ferrets

This press release was issued on behalf of the news source (Legalize Ferrets), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/legalize-ferrets-pauses-lawsuit-files-petition-for-regulatory-change-with-california-office-of-administrative-law/

Katten and CapitalW Collective Align to Support Women in Mortgage Capital Markets

SAN DIEGO, Calif., Oct. 11, 2024 (SEND2PRESS NEWSWIRE) — CapitalW Collective, the glass shattering 501(c)(3) benefiting women and their allies in mortgage capital markets, today announced Katten Muchin Rosenman LLP as a new corporate sponsor. This strategic collaboration marks a significant step forward in CapitalW Collective’s mission “to create more inclusive mortgage capital markets, one woman and ally at a time.”

Image caption: CapitalW Collective.

A Shared Vision for Progress

Katten, a full-service law firm with approximately 700 attorneys in locations across the United States and in London and Shanghai, shares CapitalW Collective’s commitment to educating, elevating, and empowering underrepresented groups within mortgage capital markets.

“We are thrilled to welcome Katten as a corporate sponsor,” said Leslie Winick, co-founder and Board member of CapitalW Collective. “They have a long and distinguished reputation not only as experts in their field, but in promoting diversity, equity, and inclusion within their own corporate culture and across the financial services sector.”

Support That Makes a Difference

As a corporate sponsor, Katten will provide critical financial resources to be used to create educational content and develop an expansive platform to connect with advocates across the industry. Katten will also share its expertise through CapitalW Collective programming.

“Katten is proud to partner with CapitalW Collective in this organization’s important mission to support and celebrate women in the finance industry,” said Katten Partner and Broker-Dealer Regulation practice Co-Chair Susan Light, who coordinated the sponsorship. “Our firm is dedicated to fostering an inclusive culture where women are supported, recognized, and empowered to reach their full potential and thrive in their careers. We look forward to working together to inspire the current and next generation of women leaders.”

About CapitalW Collective:

For more information, visit https://capitalwcollective.org/.

NEWS SOURCE: CapitalW Collective

To view the original story, visit: https://www.send2press.com/wire/katten-and-capitalw-collective-align-to-support-women-in-mortgage-capital-markets/

IEP Physician Search to Assist Capitol Pain Institute to Place Pain Management Physicians

SAN DIEGO, Calif., Oct. 9, 2024 (SEND2PRESS NEWSWIRE) — IEP Physician Search concluded a physician placement agreement with Capitol Pain Institute (CPI), a leading pain management center based in Austin, Texas, with facilities in Texas, Ohio, Kentucky, Colorado, and Indiana.

Image caption: IEP Physician Search.

IEP Physician Search, with the largest database of Pain and Orthpaedic surgeons in the US, will leverage its unique position in the medical education and staffing industries to assist CPI in finding its perfect match.

Liesl Bernard, CEO of IEP Physician Search, said CPI will fill one position at its Ohio facility and the other in Indiana. “Our team has a deep understanding of these specialties and the unique needs of both candidates, coupled with what CPI is looking for,” Bernard said. Bernard added that IEP Physician Search will take the required time to meet the specific goals and preferences of CPI, ensuring the right fit.

Jessica Levy, CPI’s Chief of Staff, said CPI selected IEP Physician Search because of its team’s expertise in the physician field and its access to a significant database of pain management physician specialists. “IEP Physician Search understands the importance of meeting our goals measured against a critical timeline,” Levy said.

About IEP Physician Search:

IEP Physician Search is dedicated to connecting exceptional orthopedic surgeons and electrophysiologists with premier healthcare facilities across the United States, IEP Physician Search is a joint venture between Magnifi Group, Inc. and Kalon Staffing, LLC. https://iep-search.com.

For additional information, contact Rachelle Henning at rachelle@iep-search.com

About Capitol Pain Institute (CPI):

Capitol Pain Institute (CPI) is a leading interventional pain management platform with clinics and ambulatory surgical centers across the United States. CPI offers a customized and multi-disciplinary approach to chronic pain treatment, with particular focus on advanced procedures such as spinal cord stimulator implants. CPI partners with physicians and practices that share a common goal of providing high quality, compassionate care at a reasonable cost. The company is also committed to enhancing the communities in which they serve and investing in the advancement of the field of pain management through innovation and evidence-based medicine. CPI was founded by Dr. Matthew Schocket in Austin, Texas in 2007. For more information, visit https://capitolpain.com/.

For additional information, contact Jessica Levy at jglevy@audenteshealth.com.

MULTIMEDIA:

Image link for media: https://www.Send2Press.com/300dpi/24-1009-s2p-IEPPSearch-300dpi.jpg

NEWS SOURCE: IEP Physician Search

This press release was issued on behalf of the news source (IEP Physician Search), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/iep-physician-search-to-assist-capitol-pain-institute-to-place-pain-management-physicians/

MCT Expands MSR Valuation Options with AD&Co Prepayment Model

Addition of Internationally Recognized Model Enhances Scenario Testing, Precision, and Confidence for MSR Managers

SAN DIEGO, Calif., Oct. 8, 2024 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, today announced the integration of the LoanDynamics Model (LDM) from Andrew Davidson & Co. (AD&Co) into their mortgage servicing rights (MSR) valuation software. LDM is a well-respected prepayment model for residential mortgages that will complement MCT’s proprietary prepayment model in MSRlive! This integration allows MSR portfolio managers to leverage and compare both models, increasing confidence in the precision of their valuations and scenario testing.

Image caption: MCT – Mortgage Capital Trading.

“MCT’s MSRlive! platform is one of the most extensively adopted and customizable MSR valuation models in the industry,” said Bill Shirreffs, Senior Director, Head of MSR Services and Sales Operations at MCT. “We’re proud to work with AD&Co to add their internationally recognized LDM prepayment model alongside the customization and flexibility clients appreciate about our proprietary model.”

Because the MSR may be sold or retained independently of residential mortgage loans, MSR valuation and portfolio management is a critical function for U.S. mortgage lenders. Central to the value of any MSR is a forecast of its prepayment speed, which is dependent on a wide array of assumptions and heavily influenced by macroeconomic developments. MCT and AD&Co are both highly regarded providers of this prepayment modeling, and through their new alliance, they combine the best of both models for the benefit of capital markets professionals.

“AD&Co’s flagship LoanDynamics Model is a perfect complement to MCT’s MSRlive!,” said Michelle Stepien Breier, Business Development Manager at AD&Co. “AD&Co’s industry leading prepayment and credit models, coupled with MCT’s MSRlive!, provide a best-of-breed joint solution to MSR portfolio managers.”

The integration allows MSRlive! users who have an existing license or plan to license AD&Co’s LDM the opportunity to apply greater fine-tuning parameters to prepayment forecasting in accordance with the needs of the individual user and their portfolio.

MSR portfolio managers interested in a consultation on their valuation and retention strategy are encouraged to schedule a meeting with MCT and AD&Co for the upcoming MBA Annual Convention here: https://mct-trading.com/contact/

Read the full press release: https://mct-trading.com/press-release/mct-expands-msr-valuation-options-with-adco-prepayment-model/

About MCT:

For more information, visit https://mct-trading.com/ or call (619) 543-5111.

About Andrew Davidson & Co., Inc.:

Andrew Davidson & Co., Inc. develops and licenses prepayment and credit models, as well as risk measurement tools used as benchmark analytics by top mortgage and commercial banks, insurance companies, mortgage insurers, reinsurers, credit unions, broker-dealers, and investment management firms. Since its inception, the firm has provided clients with high-quality models, applications, consulting services, research, and thought leadership, all aimed at yielding advanced, quantitative solutions for an array of financial and investment management needs.

For more products and services information, visit www.ad-co.com and for direct inquiries contact support@ad-co.com. For media inquiries, contact Ashlea Bonds at ashlea@ad-co.com.

MEDIA CONTACT (MCT):
Ian Miller
Chief Marketing Officer
Mortgage Capital Trading
619-618-7855
pr@mctrade.net

MULTIMEDIA:

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NEWS SOURCE: Mortgage Capital Trading Inc.

To view the original story, visit: https://www.send2press.com/wire/mct-expands-msr-valuation-options-with-adco-prepayment-model/

MCT Reports 3% Increase in Mortgage Lock Volume, Refinance Activity Buoys Market

SAN DIEGO, Calif., Oct. 3, 2024 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, announced today a 3.17% increase in mortgage lock volume compared to the previous month. The report highlights key market dynamics, offering industry professionals valuable insights. Industry professionals and enthusiasts are invited to download the complete report for comprehensive insights into the market dynamics.

Image caption: MCT Reports 3% Increase in Mortgage Lock Volume, Refinance Activity Buoys Market.

August and September have seen a continued slowdown in purchase lock volume, as is typical following the summer buying season. However, refinance activity has shown a steady increase, strong enough to offset the usual decline in overall lock volume from August to September. This increase in refinance activity has contributed to maintaining total lock volume production.

“This data signals a potential shift in strategy for loan officers, who are increasingly targeting borrowers looking to refinance after securing mortgages at higher peak rates,” said Andrew Rhodes, Senior Director and Head of Trading at MCT. “However, for a more significant rise in refinance activity, mortgage rates will need to drop much further. Currently, many borrowers remain locked into historically low rates, making the potential for increased refinance volume contingent on further rate reductions outside of market expectations.”

Rhodes also pointed to the significance of upcoming economic indicators. “With the expected Fed rate cuts already factored in, the market is now turning its attention to Friday’s Nonfarm Payroll report and the next Consumer Price Index release for signs of where rates are headed,” he added.

As the industry navigates these evolving market conditions, MCT continues to provide critical insights and cutting-edge solutions for mortgage professionals.

For further insights into the current mortgage market and the latest trends in lock volume, MCT invites industry professionals to download the full report.

For a deeper analysis of these trends, download MCT’s full report: https://mct-trading.com/press-release/mct-reports-a-3-increase-in-mortgage-lock-volume-buoyed-by-refinance-activity/

About MCT:

For more information, visit https://mct-trading.com/ or call (619) 543-5111.

MEDIA CONTACT:
Ian Miller
Chief Marketing Officer
Mortgage Capital Trading
619-618-7855
pr@mctrade.net

MULTIMEDIA:

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NEWS SOURCE: Mortgage Capital Trading Inc.

To view the original story, visit: https://www.send2press.com/wire/mct-reports-3-increase-in-mortgage-lock-volume-refinance-activity-buoys-market/

ReverseVision’s Wendy Peel Named a 2016 ‘Elite Woman in Mortgage’ by Mortgage Professional America Magazine

SAN DIEGO, Calif., May 12, 2016 (SEND2PRESS NEWSWIRE) -- ReverseVision, the leading provider of software and technology for the reverse mortgage industry, today announced that Vice President of Sales and Marketing Wendy Peel is one of Mortgage Professional America (MPA) magazine's 2016 "Elite Women in Mortgage."

Peel was recognized for her significant contributions to the mortgage industry and efforts to transform public perception of the reverse mortgage by promoting greater training and partnership among lenders, financial planners and consumers.

"Wendy really hit the ground running when she joined ReverseVision early last year," said ReverseVision President and CEO John Button. "In less than 18 months, she has helped ReverseVision grow from a recognized name in reverse mortgage technology to a trusted leader in reverse lending education and collaboration. We are thrilled, but unsurprised, to see Wendy singled out as one of MPA's Elite Women in Mortgage."

A publication of Key Media, MPA delivers news, opinion and analysis to mortgage, real estate and finance industry professionals through its bi-monthly magazine and daily email newsletter. Its annual list of "Elite Women in Mortgage" recognizes influential women leaders in the mortgage industry.

Since Peel joined the company, ReverseVision has added 700 new lenders and brokers to its flagship loan origination system, RV Exchange (RVX). RVX is currently used by nine of the top ten reverse mortgage lenders, and more reverse mortgages are originated on the LOS than all other systems combined. 2016 also saw Peel's successful launch of ReverseVision's inaugural User Conference, which convened lenders and brokers from 67 companies, including four of the nation's top five reverse lenders.

"I am privileged to be honored among such an accomplished field of industry peers," said Peel. "While our industry has made great strides in recent years, this recognition only motivates me to set my sights on the next set of challenges facing our customers and their clients."

About ReverseVision:

Recognized as a Deloitte's 2015 Technology Fast 500(TM) Company, ReverseVision, Inc. is the leading software and technology provider for the reverse mortgage industry, offering products and services focused exclusively on reverse mortgages. More reverse mortgages are originated monthly using ReverseVision technology than all other reverse mortgage LOS combined. ReverseVision has partnered with some of the finest and fastest-growing lending organizations in the U.S. to provide the leading reverse mortgage technology to brokers, correspondents, lenders and investors.

ReverseVision is recognized as a driving innovator in the reverse mortgage industry. ReverseVision continues to improve its software with frequent new innovations and by building on pioneering capabilities in reverse mortgage interactive graphs, scenario analysis, multi-environment performance analysis and workflow in the origination process.

For more information, visit http://www.reversevision.com/.

Twitter: @ReverseVision

To view the original version on Send2Press Newswire, visit: https://www.send2press.com/newswire/reversevision-s-wendy-peel-named-a-2016-elite-woman-in-mortgage-by-mortgage-professional-america-magazine-2016-0512-07.shtml.

NEWS SOURCE ReverseVision, Inc. :: This press release was issued on behalf of the news source (who is solely responsible for its accuracy) by and Copr. © 2016 Send2Press® Newswire, a service of Neotrope®.

The Mortgage Collaborative Adds 14 New Lender Members

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 & Strategic Alliances, Rich Swerbinsky.

"It's inspiring to our team hearing about the value great companies like these see in our network," said Swerbinsky. "Being completely independent allows us always to focus on our members first and foremost. This is a challenging climate for mortgage originators, especially small to mid-sized lenders, as mortgage origination costs skyrocket. The technology and innovation in this industry is changing rapidly and lenders are spending more time than ever playing defense. At a time where business development issues and initiatives are paramount to the future success of mortgage originators, we act as a partner to our members in overcoming all of those challenges."

The new member companies are as follows:
Advisors Capital - Novi, MI
Churchill Mortgage - Brentwood, TN
Columbus First Bank - Columbus, OH
FBC Mortgage - Orlando, FL
First Community Mortgage - Murfreesboro, TN
First Direct Lending - Irvine, CA
Fulton Mortgage Company - Lancaster, PA
Integrity Home Mortgage Corporation - Winchester, VA
Nations Lending Corporation - Independence, OH
Origin Bank - Addison, TX
People's Mortgage Company - Chandler, AZ
Platte Valley Bank of Missouri - Platte City, MO
Sente Mortgage - Austin, TX
Sunstreet Mortgage - Tucson, AZ.

The addition of these companies increases to over $90 billion annually the aggregate origination volume of The Mortgage Collaborative's lender members. In the past 12 months, The Collaborative has added 48 new originating lender members, continuing the rapid growth for the nation's only independent cooperative network.

The Mortgage Collaborative also recently announced their Summer Lender Member Conference, which will be held August 20-23, 2016 at the Four Seasons Hotel in Denver, Colorado. The conference provides The Collaborative's lender members a unique opportunity to interact with top industry leaders and to attend and participate in compelling educational and peer-to-peer networking sessions. Details on the conference can be found at http://www.mortgagecollaborative.com.

About The Mortgage Collaborative:

Based in San Diego, Calif., The Mortgage Collaborative was founded in 2013 to empower mortgage lenders across the country with better financial execution, reduced costs, enhanced expertise and improved compliance and to help its members access the dynamic and changing consumer base in America. The association is managed by its founding members: John Robbins, CMB; David Kittle, CMB; Gary Acosta, CEO of the National Association of Hispanic Real Estate Professionals (NAHREP); and Jim Park, former chair of the Asian Real Estate Association of America (AREAA). Robbins and Kittle are former chairmen of the Mortgage Bankers Association of America (MBA).

For more information, visit http://www.mortgagecollaborative.com/.

Twitter: @MtgCoop

To view the original version on Send2Press Newswire, visit: https://www.send2press.com/newswire/the-mortgage-collaborative-adds-14-new-lender-members-2016-0511-07.shtml.

NEWS SOURCE The Mortgage Collaborative :: This press release was issued on behalf of the news source (who is solely responsible for its accuracy) by and Copr. © 2016 Send2Press® Newswire, a service of Neotrope®.

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.

Mortgage lending expert Josh Shein, senior director at Home Point Financial (Home Point), and Wendy Peel, vice president of sales and marketing at ReverseVision, will set attendees on the path of understanding how to meet their most valuable customers where they are in life and retain them - and possibly their children - as life-long clients.

Attendees will learn about:
* explosive customer need;
* perceived reputational risk;
* new and improved guidelines;
* HECMs as a retirement tool;
* HECM 101;
* lead generation and marketing; and
* how to get started.

Originally conducted in conjunction with ReverseVision's 2016 User Conference, "Home-Equity Loans Facts Track" attendees gain insight into how the HECM product can help mortgage lending professionals better serve consumers, expand their retirement services offering and improve profitability. Recognized by leading financial planners as a safe, secure and lucrative way to increase revenue, HECM has seen consumer demand grow on pace as the Baby Boomer generation moves into its retirement years at a rate of 10,000 per day.

"This luncheon is vital to mortgage lenders, bankers and credit unions that want to serve their 62-plus consumers as they make home buying, home equity or retirement decisions," said Peel. "Attendees will learn from experts how HECM loans are a powerful product for their borrower as well as a lucrative one for their business. HECM loans were conceived to serve this demographic specifically by allowing the home-equity asset to be optimized in retirement, making it a fiduciary responsibility for lenders to discuss this option with qualified consumers."

Interested mortgage and banking professionals can RSVP for the "Home-Equity Loans Facts Track" luncheon at http://bit.ly/HECMFactsTrack.

About ReverseVision:

Recognized as a Deloitte's 2015 Technology Fast 500(TM) company, ReverseVision, Inc. is the leading software and technology provider for the reverse mortgage industry, offering products and services focused exclusively on reverse mortgages. More reverse mortgages are originated monthly using ReverseVision technology than all other reverse mortgage LOS combined. ReverseVision has partnered with some of the finest and fastest-growing lending organizations in the U.S. to provide the leading reverse mortgage technology to brokers, correspondents, lenders and investors.

ReverseVision is recognized as a driving innovator in the reverse mortgage industry. ReverseVision continues to improve its software with frequent new innovations and by building on pioneering capabilities in reverse mortgage interactive graphs, scenario analysis, multi-environment performance analysis and workflow in the origination process.

For more information, visit http://www.reversevision.com/.

About Home Point:

Home Point Financial is a privately held residential mortgage lender focused on supporting the needs of its broker and correspondent partners. They offer a wide variety of loan programs that support the financing needs of today's borrowers. Whether clients are in the market to purchase a home or to refinance an existing loan, Home Point Financial delivers a seamless process that makes closing loans fast, easy and simple.

For more information, visit http://www.homepointfinancial.com/.

TWITTER: @ReverseVision @HomePointLoans

To view the original version on Send2Press Newswire, visit: https://www.send2press.com/newswire/home-point-financial-reversevision-partner-to-offer-mortgage-lender-focused-hecm-free-luncheon-huntington-beach-may-11-2016-0504-02.shtml.

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. Additionally, he received his Juris Doctorate in Corporate Law from Thomas Jefferson School of Law.

Mr. Ferguson has been in the banking industry for 9 years, most recently as a Commercial Loan Officer with Wells Fargo Bank. Ferguson graduated from San Diego State University with a Bachelor of Arts in Economics, and is actively involved the ALS Foundation and Junior Achievement.

"We are pleased to welcome Mr. Duong and Mr. Ferguson to our growing team of bankers. Their experience in building relationships and understanding the needs of small to mid-sized businesses and professionals enhances our high service and relationship banking philosophy," commented Tony DiVita, Executive Vice President and Director of Sales of Bank of Southern California.

"The expansion of our San Diego team illustrates our continued commitment to serving the banking needs of businesses and professionals in our community," concluded DiVita.

About Bank of Southern California:

A community bank, established in 2001, Bank of Southern California, N.A., with headquarters in San Diego, Calif., is locally owned and managed and offers a wide range of financial products to individuals, professionals, and small to mid-sized businesses. The Bank's relationship-based approach to banking provides accessibility to decision makers and enhances value through strong partnerships with their clients. With seven offices in San Diego County and the Coachella Valley in Riverside County, Bank of Southern California remains well-capitalized, with a growing deposit base and loan portfolio.

For more information, visit http://www.banksocal.com/ or call (858) 847-4780.

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REF: OTCQB:BCAL / PinkSheets:BCAL / OTCMKTS:BCAL

To view the original version on Send2Press Newswire, visit: https://www.send2press.com/newswire/kt-duong-and-troy-ferguson-join-bank-of-southern-california-2016-0426-01.shtml.

NEWS SOURCE Bank of Southern California N.A. :: This press release was issued on behalf of the news source (who is solely responsible for its accuracy) by and Copr. © 2016 Send2Press® Newswire, a service of Neotrope®.

Syntax Creative Adds Children’s Music Arm of Steven Furtick’s Elevation Church

SAN DIEGO, Calif., April 21, 2016 (SEND2PRESS NEWSWIRE) -- Syntax Creative is pleased to announce a new deal with Elevation Church, which Outreach Magazine named in 2015 the 15th largest church in America. Pastored by Steven Furtick, the multi-site church with 20,000 weekly attendees calls over a dozen locations home, including its base in Matthews, North Carolina. Elevation Church will release its second Kids Worship album, "One In a Million," worldwide on April 29, which is available for pre-order now at iTunes, Amazon and Google Play.

"I'm really excited about the release of our second Kids album," Furtick said. "Our teams have done an amazing job putting this project together and I believe 'One In a Million' is an album of worship that will have the whole family singing together!"

"We want to leverage digital media as much as we can to share the Gospel," Elevation Family Pastor Frank Bealer said. "Elevation Church has become known for powerful worship experiences and a kids ministry that 'Engages Kids & Empowers Family,' and we will continue to press on to embody those attributes."

"Elevation Church is organized and innovative," Syntax CEO Timothy Trudeau said. "It's rare to see that much vision combined with that much execution. I am looking forward to helping them fulfill their mission."

Elevation Church's first Kids album, "Undefeated," topped iTunes's top-selling children's music chart and charted on Billboard. Endorsements of its music have come from NewSpring, Saddleback, NorthPoint and Hillsong Kids.

"I've been looking for a way to partner with Syntax Creative," Bealer said. "I believe that they will help us improve our marketing and distribution."

"After meeting with the staff in person, I could tell that they were exactly the kind of organization we would want to partner with," Trudeau said. "I appreciate their work ethic, creativity and desire to create high quality art."

About Elevation Church:

Elevation Church is a multi-site church based in Charlotte, North Carolina. It was started in Feb. 2006 by eight families under the leadership of Pastor Steven Furtick. Over the past 10 years it has grown to over a dozen locations and 20,000 in weekend attendance, including over 4.000 in the Children's ministry. To learn more, visit: http://elevationchurch.org/.

About Syntax Creative:

Syntax Creative is one of the top independent digital distributors, design firms and marketing agencies, representing more than 120 record labels. Their impressive list of clientele includes Crossroads Label Group, Central South, Daywind Records, Free Chapel, Frontline Worship, CAJO Records, Crossover Church, Discovery House and Fearless Music, among others. To learn more, visit: http://syntaxcreative.com/.

MEDIA CONTACT:
Timothy Trudeau
Syntax Creative
contact@syntaxcreative.com
619-354-4586

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Twitter: @SyntaxCreative @ElevationChurch

To view the original version on Send2Press Newswire, visit: https://www.send2press.com/newswire/syntax-creative-adds-children-s-music-arm-of-steven-furtick-s-elevation-church-2016-0421-04.shtml.

NEWS SOURCE Syntax Creative :: This press release was issued on behalf of the news source (who is solely responsible for its accuracy) by and Copr. © 2016 Send2Press® Newswire, a service of Neotrope®.

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.

"We now have a dedicated reverse mortgage division made up of about 15 specialists," said Reverse Mortgage Divisional Manager Mike Hicks. "Our forward loan officers work closely with the reverse mortgage team and remain at the client's side every step of the way."

According to Hicks, Willow Bend originates reverse mortgages strictly on a retail basis for now, but a wholesale channel could be in the lender's future if volumes continue to grow. "At this time last year, we were preparing for Financial Assessment and just doing a handful of reverse mortgages," Hicks said. "Now our pipeline is growing, and we expect volume to trend up over the next year."

Financial Assessment refers to a series of FHA-administered changes to the underwriting criteria for Home Equity Conversion Mortgage (HECM) loans, commonly called reverse mortgages. The Financial Assessment rules make the HECM an even safer loan product for consumers by requiring lenders to evaluate borrowers' credit history, income and debt to determine if they are capable of meeting the obligations of a loan. First announced in 2013, Financial Assessment went into effect in April 2015.

"Now that we're through the first year of Financial Assessment, we're focused on growing our team and our HECM for Purchase business," said Hicks, who began his career in the reverse mortgage business as a consultant with such large depository institutions as MetLife and Wells Fargo. Both banks have since exited the reverse mortgage space. Prior to joining Willow Bend, Hicks served as sales manager at 1st Reverse Mortgage USA.

"Texas was the last state to get the HECM for Purchase," noted Hicks, "so our main focus is to get out there and educate REALTORS, builders and senior borrowers." Texas voters approved a constitutional amendment to allow HECM for Purchase financial transactions in November 2013. HECM for Purchase is a product that allows homeowners to take out a reverse mortgage and buy a new residence all within a single transaction. "It's my hope that HECM for Purchase will one day represent 50% of Willow Bend's overall business," Hicks added.

Willow Bend selected RV Exchange (RVX) as its reverse mortgage LOS largely because of the user-friendly experience it delivers. "RVX is such a user-friendly software," said Hicks. "It's easy to manage from the time a loan officer first uses the software for quoting a loan all the way through to reporting. That's why it's one of most utilized programs throughout the industry."

RVX is San Diego, California-based ReverseVision's flagship product. The LOS serves as a centralized exchange, connecting all participants in the lifecycle of a reverse mortgage by allowing them to log in to a single system to share documents and information for each part of the loan process.

Hicks commended the turnkey nature of RV Exchange (RVX), reserving special praise for the hands-on support provided by ReverseVision VP of Professional Services Jeff Birdsell. "Jeff's hands-on approach was phenomenal," Hicks said. "He came out here and walked us through the process of putting our own products into the system. From the time we purchased RVX to the time we were up-and-running was a few days at the most."

RVX encompasses everything from point-of-sale, processing, underwriting, funding and post-closing to secondary marketing. This central exchange model is unique in the mortgage industry and offers benefits to all parties that include reduced document errors, heightened information security and shorter fulfillment timelines.

"We are pleased to help Willow Bend bring the benefits of HECM products, especially the HECM for purchase, to new borrowers in Texas and surrounding states," said Wendy Peel, vice president of sales and marketing for ReverseVision. "RVX provides a full suite of features and the wholesale infrastructure to scale with Willow Bend's needs as it grows its reverse mortgage business."

About Willow Bend:

Willow Bend Mortgage was founded in 1993 as a small brokerage shop built on servant leadership principles. Today, Willow Bend is a full-scale mortgage banking operation with offices in Texas and Alabama. Headquartered in Plano, Texas, Willow Bend generates more than $500 million in single-family "traditional" and reverse mortgages each year. Willow Bend loan officers take pride in putting their clients' interests first. With a superior product mix, expert loan officers and an operations staff that is second to none, Willow Bend helps borrowers navigate today's highly regulated mortgage environment.

For more information, visit http://www.wbm.com/.

About ReverseVision:

Recognized as a Deloitte's 2015 Technology Fast 500(TM) Company, ReverseVision, Inc. is the leading software and technology provider for the reverse mortgage industry, offering products and services focused exclusively on reverse mortgages. More reverse mortgages are originated monthly using ReverseVision technology than all other reverse mortgage LOS combined. ReverseVision has partnered with some of the finest and fastest-growing lending organizations in the U.S. to provide the leading reverse mortgage technology to brokers, correspondents, lenders and investors.

ReverseVision is recognized as a driving innovator in the reverse mortgage industry. ReverseVision continues to improve its software with frequent new innovations and by building on pioneering capabilities in reverse mortgage interactive graphs, scenario analysis, multi-environment performance analysis and workflow in the origination process.

For more information, visit http://www.reversevision.com/.

Twitter: @ReverseVision @wbmtx

To view the original version on Send2Press Newswire, visit: https://www.send2press.com/newswire/willow-bend-mortgage-now-offers-reverse-mortgages-in-12-states-using-reversevision-exchange-rvx-loan-origination-software-2016-0420-05.shtml.

NEWS SOURCE ReverseVision :: This press release was issued on behalf of the news source (who is solely responsible for its accuracy) by and Copr. © 2016 Send2Press® Newswire, a service of Neotrope®.

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.

According to Glen Smart, manager of NOVA's reverse mortgage division, the lender selected RVX for its superior integration with secondary market investors. "Frankly, the first question we ask whenever we partner with a new investor is, 'Will you work with RV Exchange?'" Smart said.

RVX is San Diego, Calif.-based ReverseVision's flagship product. The LOS serves as a centralized exchange, connecting all participants in the lifecycle of a reverse mortgage by allowing them to log in to a single system to share documents and information for each part of the loan process.

"RV Exchange allows us to deliver the same reverse mortgage package to any number of investor partners," Smart said. "We don't have to learn and open a bunch of different investors' systems to compare options. We absolutely love that."

RVX encompasses everything from point-of-sale, processing, underwriting, funding and post-closing to secondary marketing. This central exchange model is unique in the mortgage industry and offers benefits to all parties that include reduced document errors, heightened information security and shorter fulfillment timelines.

At NOVA, loan officers refer all reverse mortgage leads to a team of dedicated reverse mortgage specialists. Referring loan officers receive a referral fee when the loan closes.

"We've found that when leads are handled exclusively by certified reverse mortgage experts, customer interactions are better and loans close more frequently," said Smart. "I would love to see everyone in the industry shift to a model that relies on specialists versus the loan officer that tries to do one or two reverse mortgages a year. That's where mistakes get made, files are delayed, seniors are upset and the program gets a bad name."

NOVA is the largest independent mortgage bank in Arizona. Licensed in 12 states, NOVA currently operates branches in Arizona, Colorado and Nevada.

"Through RVX, NOVA Home Loans matches the needs of senior borrowers and investors, both of whom receive unique benefits from HECM loans," said ReverseVision Vice President of Sales and Marketing Wendy Peel. The HUD-insured home-equity conversion mortgage (HECM) is the most widely used reverse mortgage product. It allows homeowners age 62 and older to tap into their home equity as a source of income or line of credit.

"HECM can be an ideal solution for Baby Boomers who want to age in place and extend their finances throughout retirement," Peel said. "NOVA's commitment to the reverse mortgage business and to educating REALTORS(R), financial planners and seniors on reverse mortgage products is a boon to the communities it serves."

Smart also acknowledged the role of education in growing NOVA's reverse mortgage division. "We teach continuing education classes on reverse mortgages to real estate agents," Smart said, "and my goal for 2016 is to increase the number of interactions we have with financial planners, CPAs and estate attorneys. These professionals serve as trusted advisors and can help seniors and their families compare options and make the best possible financial decisions for their situation."

About NOVA(R) Home Loans:

Licensed in 15 states with branch locations throughout Arizona, Colorado and Nevada, NOVA has served the needs of homeowners and homebuyers since 1980. As one of the fastest-growing lenders in the Southwest, NOVA provides customers with the lending strength of a large financial institution and the flexibility of a local business, including specialized loan programs that traditional banks may not offer. At NOVA, loan applications are handled in-house from start to finish for exceptional service and closing speed.

For more information, visit http://www.novahomeloans.com/.

About ReverseVision:

Recognized as a Deloitte's 2015 Technology Fast 500(TM) Company, ReverseVision, Inc. is the leading software and technology provider for the reverse mortgage industry, offering products and services focused exclusively on reverse mortgages. More reverse mortgages are originated monthly using ReverseVision technology than all other reverse mortgage LOS combined. ReverseVision has partnered with some of the finest and fastest-growing lending organizations in the U.S. to provide the leading reverse mortgage technology to brokers, correspondents, lenders and investors.

ReverseVision is recognized as a driving innovator in the reverse mortgage industry. ReverseVision continues to improve its software with frequent new innovations and by building on pioneering capabilities in reverse mortgage interactive graphs, scenario analysis, multi-environment performance analysis and workflow in the origination process.

For more information, visit http://www.reversevision.com/.

TWITTER: @ReverseVision @yesNOVA

To view the original version on Send2Press Newswire, visit: https://www.send2press.com/newswire/nova-home-loans-chooses-reversevision-exchange-rvx-software-to-originate-reverse-mortgages-deliver-to-investors-2016-0330-02.shtml.

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.

Nathan Rogge, President and CEO of the Company, said, "I am pleased to recognize the contributions that both of these professionals have made to further the success of our company. Marie Crivello takes relationship banking to a new level with an unwavering commitment to providing the highest level of service to her clients. She has year-over-year been instrumental in helping the bank organically grow and has continued to be recognized as a top performing relationship manager."

Added Rogge, "Debbie Marshall's role in regulatory compliance and branch operations has continued to grow over the last five years. She was a key contributor in the previous three bank acquisitions and held a primary role in ensuring the success of the bank's core systems conversion in 2015."

About Bank of Southern California:

A growing community business bank, established in 2001, Bank of Southern California, N.A., with headquarters in San Diego, Calif., is locally owned and managed and offers a wide range of financial products to individuals, professionals and small-to-mid sized businesses. The bank's solution-driven, relationship-based approach to banking provides accessibility to decision makers and enhances value through strong partnerships with their clients.

The bank currently operates seven offices in San Diego and the Coachella Valley of Riverside County.

For more information, visit http://www.banksocal.com/ or call (858) 847-4780.

* Logo for media: Send2Press.com/mediaboom/16-0217-banksocal-300dpi.jpg

REF: OTCQB:BCAL / PinkSheets:BCAL / OTCMKTS:BCAL

To view the original version on Send2Press Newswire, visit: https://www.send2press.com/newswire/bank-of-southern-california-announces-senior-vice-president-promotions-2016-0217-02.shtml.

Better Life Technologies Group Selects Fallbrook Engineering to Develop Prototype for Wireless Glucose Monitoring Device

SAN DIEGO, Calif., Jan. 29, 2016 (SEND2PRESS NEWSWIRE) -- Better Life Technologies Group is pleased to announce that it has selected Fallbrook Engineering in Escondido, Calif. to work on the prototyping of its patent-pending, non-invasive wireless-wearable, Glucose Diagnostic Sensor (GDS), US Patent Pending # 14/933985. In 2014, Better Life Technologies Group received a US Patent Grant under US 8,659,435 B2 for a swim safety system device.

"This is an exciting time," George McKinney, president/CEO of Better Life Technologies Group, says. "We believe that we are on the verge of a great breakthrough with a novel approach to glucose monitoring focusing on analyzing gases emanating from the skin. We expect that our approach will advance medicine globally and benefit millions of diabetics."

Recently acknowledged for his company's work in the area of non-invasive glucose monitoring and other wireless-wearable technologies, McKinney received the Roy L. Clay Sr. Technology Pinnacle Award. Roy L. Clay Sr. was an African-American pioneer of early computers often called, the "Godfather of Silicon Valley."

McKinney was recognized as being one of the "Top 50 Most Important African-Americans in Technology."

Richard Meyst, CEO, Fallbrook Engineering, says, "We are quickly available to respond to any project requirements, providing designs, models, prototypes and tooling, as well as process and equipment development and validation."

Fallbrook Engineering has been the source for conscientious engineering consultation and creative product development support since 1981.

Better Life is actively looking for investors/partners in its effort to globalize this GDS technology.

For more information, contact George McKinney at: betterlifetechnologies@gmail.com or visit: http://www.betterlifetech.net/.

Connect with Mr. McKinney on LinkedIn at: https://www.linkedin.com/in/george-mckinney-0a4b7a66 .

About Better Life Technologies Group, Inc.:

Founded in 2011, Better Life Technologies Group's mission is to bring life-preserving and life-improving technologies to the world.

About Fallbrook Engineering:

Fallbrook Engineering is a medical technology consulting firm that provides contract product design, development, management and engineering services to the healthcare products field.

It facilitates the advanced design of medical products including commercialization services for medical disposables, durables, and instruments used in diagnostics, therapeutics and medical treatments of all kinds.

*IMAGES FOR MEDIA:
(1) Photo 300dpi: Send2Press.com/mediaboom/16-0129-mckinney-300dpi.jpg
(1) Photo Caption: George McKinney, president/CEO, Better life Technologies Group, Inc.

(2) Photo 300dpi: Send2Press.com/mediaboom/16-0129-gds-prootype-300dpi.jpg
(2) Photo Caption: Glucose Diagnostic Sensor (GDS) Prototype.

Media Contact: Cidnee Walker, Better Life Technologies Group, Inc., 619-517-6729, betterlifetechnologies@gmail.com

Twitter: @starcolony8 #diabetes #glucosetest

To view the original version on Send2Press Newswire, visit: https://www.send2press.com/newswire/better-life-technologies-group-inc-selects-fallbrook-engineering-to-develop-prototype-wireless-glucose-monitoring-device-2016-0129-02.shtml.

NEWS SOURCE Better Life Technologies Group, Inc. :: This press release was issued on behalf of the news source (who is solely responsible for its accuracy) by and Copr. © 2016 Send2Press® Newswire, a service of Neotrope®.

KING OF THA HILLS artist aktively collabs with Zaytoven and Young Dro to obtain unwavering recognition in the music industry

SAN DIEGO, Calif., Jan. 15, 2016 (SEND2PRESS NEWSWIRE) -- Today, KING OF THA HILLS (K.O.T.H.) made music business history with the release of their new hit single called "Aktive" which is now available on music outlets and is produced by multi-platinum producer Zaytoven (Xavior Dotson).

KING OF THA HILLS presents distinctive individuality with phrases like "In the streets I'm aktive." Combined with Zaytoven's Grammy award winning and industry leading trap sound, Aktive is undeniably one of the most original and exclusive songs to ever premiere out of both the San Diego region and the music industry.

In recognition, KING OF THA HILLS artists Stones (Nijael Thomas), IceKold (Christopher Humphries), T-Mili (Ta'Ron Taylor), and Charlie (Tiras Thomas) have all made MTV/VH1 cameo appearances in platinum recording artist Young Dro's latest music videos for "We Be In The City" and "UGH."

They have also collaborated with Young Dro and Charlie on a record titled "Pull Up." Independently, KING OF THA HILLS has contributed to the development of the San Diego music scene in creating a new wave of Hip Hop while establishing an indisputable eminence in the music industry. In lieu of all their present accomplishments, KING OF THA HILLS will be honored to showcase San Diego music talent on a modern day platform.

Follow on Facebook: https://www.facebook.com/KINGOFTHAHILLS

Video (YouTube): https://youtu.be/8Eu6i6OT4TA

Twitter: https://twitter.com/STONESKOTH

@stoneskoth @1realcharlie @icekoldtheheater @villuminati_koth @zaytovenbeatz @dropolo

CONTACT: Nijael D Thomas nijaelthomas[at]gmail.com 619-829-0080 (KING OF THA HILLS).

* PHOTO for media (SFW): Send2Press.com/mediaboom/16-0115-koth-aktive-300dpi.jpg

To view the original version on Send2Press Newswire, visit: https://www.send2press.com/newswire/king-of-tha-hills-artist-aktively-collabs-with-zaytoven-young-dro-obtain-unwavering-recognition-music-industry-2016-0115-01.shtml.

NEWS SOURCE KING OF THA HILLS :: This press release was issued on behalf of the news source (who is solely responsible for its accuracy) by and Copr. © 2016 Send2Press® Newswire, a service of Neotrope®.

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.

Nathan Rogge, President and CEO of the Company, said, "We are pleased to commence trading under the BCAL symbol which aligns our stock symbol more closely to our name. In June 2010, the bank changed its name to Bank of Southern California as the company refined its branding strategy and vision of becoming the best community business bank in Southern California. We are now one of the few remaining locally owned, community business banks headquartered in San Diego that focuses on meeting the needs of small to mid-sized businesses and professionals."

Rogge added that there have been no significant changes in the bank's local ownership, management or operations as a result of the change.

About Bank of Southern California:

A growing community business bank, established in 2001, Bank of Southern California, N.A., with headquarters in San Diego, Calif., is locally owned and managed and offers a wide range of financial products to individuals, professionals and small-to-mid sized businesses.

The bank's solution-driven, relationship-based approach to banking provides accessibility to decision makers and enhances value through strong partnerships with their clients. The bank currently operates seven offices in San Diego and Riverside County.

For more information, visit http://www.banksocal.com/ or call (858) 847-4780.

REF: OTCQB:BCAL / PinkSheets:BCAL

To view the original version on Send2Press Newswire, visit: https://www.send2press.com/newswire/bank-of-southern-california-announces-ticker-symbol-change-to-bcal-2016-0107-02.shtml.

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. (www.reversevision.com), 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 Hotel & Marina.

For ReverseVision RV Exchange(TM) users, User Con 2016 will feature general sessions and career tracks for reverse mortgage executives, loan officers, account executives, and administrators. The event will also feature sessions focused on forging relationships with Financial Planners, advertising and the CFPB, how TRID has impacted the reverse industry and more.

The "Reverse Mortgage Facts" track is an opportunity for both mortgage lenders and REALTORS to learn how HECM loans can be a safe, secure option for building their business by responsibly serving consumers in retirement or considering retirement lifestyle options. Included in the track will be an overview of the Home Equity Conversion Mortgage (HECM), the most common reverse mortgage product, created during the Reagan Administration and significantly restructured in the last two years. In addition, attendees will learn how reverse mortgages can help meet the needs of consumers by serving them where they are in life and retain them-and possibly their children-as "customers for life." Leading financial planners will explain HECMs as a valuable retirement tool and demonstrate the ability to accurately model cash flow scenarios that show retirees the best possible outcome for their financial future.

"If you are in the business of helping consumers make well-rounded decisions about how they buy a home or leverage home equity work after age 62, you need to learn from experts how reverse mortgages really work and impact the lives of consumers," said Wendy Peel, VP of Sales & Marketing at ReverseVision. "Since the HECM was created to serve this demographic in a specific way by allowing the home equity asset to be properly leveraged in retirement, it is important to be able to accurately discuss the option with consumers."

As home values continue to recover and interest rates rise in 2016, homeowners can once again be expected to factor home equity options in their financial decision making. Lenders, banks, credit unions and REALTORS will be able to improve their mortgage loan customer service and competitiveness by investing in education on home equity product options.

Early registration for "Reverse Mortgage Facts" is $249 until December 31, 2015.

To learn more about ReverseVision User Con 2016, visit the event website and to check-out this newly added track's schedule click on the blue "Reverse Mortgage Facts Track" button: http://www.reversevision.com/rv-user-con/ .

About ReverseVision:

Recognized as a Deloitte's 2015 Technology Fast 500(TM) Company, ReverseVision, Inc. ( http://reversevision.com/ ) is the leading software and technology provider for the reverse mortgage industry offering products and services focused exclusively on reverse mortgages. More reverse mortgages are originated monthly using ReverseVision's RV Exchange platform than all other systems combined. ReverseVision has partnered with some of the finest and fastest growing lending organizations in the U.S. to provide the leading reverse mortgage technology to brokers, correspondents, lenders and investors. ReverseVision is recognized as a driving innovator in the reverse mortgage industry. ReverseVision continues to improve their software with frequent new innovations building on pioneering capabilities in reverse mortgage interactive graphs, scenario analysis, multi-environment performance analysis and workflow in the origination process.

Twitter: @ReverseVision #HECM #reversemortgage #realtors

To view the original version on Send2Press Newswire, visit: https://www.send2press.com/newswire/reversevision-offers-lenders-and-realtors-a-reverse-mortgage-education-track-at-jan-20-22-2016-user-conference-in-san-diego-2015-1221-02.shtml.

NEWS SOURCE ReverseVision, Inc. :: This press release was issued on behalf of the news source (who is solely responsible for its accuracy) by and Copr. © 2015 Send2Press® Newswire, a service of Neotrope®.

MCT Trading, Inc. Acquires Assets of PLar Analytics, LLC and PB Pacific Partners, LLC

SAN DIEGO, Calif., Nov. 12, 2015 (SEND2PRESS NEWSWIRE) -- MCT Trading, Inc. (MCT), a recognized industry leader in mortgage risk management providing pipeline hedging, best-execution loan sales and centralized lock desk services, announced that it has acquired certain key assets of PLar Analytics, LLC, a provider of financial models for mortgage bankers, and of PB Pacific Partners, LLC, which offers consulting services on capital markets and mortgage servicing.

The deal expands MCT's advisory services to include specialization in mortgage servicing rights (MSR) valuation business. This new MSR Services Group will be headed by Phil Laren, founder of PLar Analytics and PB Pacific Partners. MCT's acquisition includes certain key assets of PLar Analytics', PB Pacific Partner's customer base and its proprietary Enhanced Servicing Model (ESM). Mr. Laren is now a full-time employee at MCT.

"This deal is a natural fit for MCT. We have been utilizing the ESM model for over two years; it has multiple advantages over other valuation models," stated Curtis Richins, president of MCT. "With Phil Laren running our new MSR Services Group, we have expanded our service offerings, enabling us to deliver even more tangible value to our lender clients."

MCT clients will benefit immediately as a result of the acquisition with more granular analysis of the "retained" vs. "released best execution" decision-making process and access to the "best-in-class" MSR pipeline valuation services. MCT also intends to integrate PLar Analytics' ESM and MSR software with MCTlive!, its award-winning secondary marketing technology platform for real-time trading, analytics and best-execution.

"Given Mr. Laren's extensive capital markets experience and industry-leading knowledge of MSR valuation, he is well-equipped to effectively assist MCT's clients strategically and operationally as they evaluate retained execution opportunities," said Phil Rasori, COO at MCT. "He created a very sophisticated, proven valuation model. Our clients are looking to MCT for advice in selecting the best servicing partners and then implement best practices, which strengthens our value proposition for lenders."

"I am extremely excited to join the team at MCT and look forward to growing the MSR Services Group," said Laren. "Many lenders need specialized guidance in an effort to accurately value their servicing portfolios to maximize profitability and manage risk. They will need help in evaluation potential new partners, such as sub-servicers. The new group that we're establishing will be key in supporting existing MCT clients as they grow and in penetrating larger accounts."

Terms of the deal were not disclosed.

About MCT Trading:

MCT Trading (MCT) is a risk management and advisory services company providing independent analysis, training, hedging strategy and loan sale execution support to clients engaged in the secondary mortgage market. Founded in San Diego, California in May 2001, the company has expanded to include field sales and support offices in Philadelphia, Dallas, San Francisco and Charlotte. MCT is a recognized leader in the industry and currently supports more than 150 clients on the HALO (Hedging And Loan sales Optimization) Program. The company also develops and supports MCTlive!(TM), an award-winning real-time, trading and best-execution secondary marketing platform. MCT's LockCentral(TM) is the industry's largest outsourced centralized lock desk service. For more information, please visit http://www.mct-trading.com/ or call (619) 543-5111.

About PB Pacific Partners and PLar Analytics:

Founded in 2009, PB Partners, LLC is an established consulting firm focused on providing long-term capital markets advisory services for lenders. It developed an advanced, easy-to-use approach to mortgage servicing valuations called the Enhanced Servicing Model (ESM). PLar Analytics, LLC is a sister company to PB Partners that engineered a proprietary servicing solution that was licensed by lenders and vendors. It has a number of advantages not typically found in other servicing models. The founder of both companies, Philip Laren, is a well-respected mortgage banking professional in capital markets expertise.

MEDIA CONTACT:
Joe Bowerbank
Profundity Communications, Inc.
949-378-9685
jbowerbank@profunditymarketing.com

*LOGO for media: Send2Press.com/mediaboom/15-1112-MCT-MSRServices-300dpi.jpg

Twitter: @mcttrading

To view the original version on Send2Press Newswire, visit: https://www.send2press.com/newswire/mct-trading-inc-acquires-assets-of-plar-analytics-llc-and-pb-pacific-partners-llc-2015-1112-04.shtml.

NEWS SOURCE MCT Trading, Inc. :: This press release was issued on behalf of the news source (who is solely responsible for its accuracy) by and Copr. © 2015 Send2Press® Newswire, a service of Neotrope®.

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Tag Archives: SAN DIEGO, Calif.

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Syntax Creative Adds Children’s Music Arm of Steven Furtick’s Elevation Church

Willow Bend Mortgage Now Offers Reverse Mortgages in 12 States Using ReverseVision Exchange (RVX) Loan Origination Software

NOVA Home Loans Chooses ReverseVision Exchange (RVX) Software to Originate Reverse Mortgages, Deliver to Investors

Bank of Southern California Announces Senior Vice President Promotions

Better Life Technologies Group Selects Fallbrook Engineering to Develop Prototype for Wireless Glucose Monitoring Device

KING OF THA HILLS artist aktively collabs with Zaytoven and Young Dro to obtain unwavering recognition in the music industry

Bank of Southern California Announces Ticker Symbol Change to BCAL

ReverseVision Offers Lenders and REALTORS a Reverse Mortgage Education Track at Jan. 2016 User Conference in San Diego

MCT Trading, Inc. Acquires Assets of PLar Analytics, LLC and PB Pacific Partners, LLC