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Archive | Finance

Finance News, including banking, mortgage lending, public companies, economic reports, earnings, and related financial news.

Cloudvirga

NEWS: Cloudvirga Adds Award-Winning Appraisal Order Management from Mercury Network to Its Digital Mortgage Point-of-Sale Platform

IRVINE, Calif., April 19, 2018 (SEND2PRESS NEWSWIRE) — Cloudvirga(TM), a leading provider of digital mortgage point-of-sale (POS) software whose enterprise technology is powered by the Intelligent Mortgage Platform(R), today announced its completion of a fully automated, lights-out integration with Mercury Network, part of CoreLogic (NYSE: CLGX) and one of the industry’s largest appraisal order management […]

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MCT Top Innovator Award

NEWS: MCT Wins PROGRESS in Lending Association’s 2018 Innovation Award for its New Bid Auction Manager (BAM) Whole Loan Trading Technology

SAN DIEGO, Calif., April 18, 2018 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that PROGRESS in Lending Association, the industry’s premier mortgage technology focused organization, presented the company with its annual Innovation Award for the rapid adoption and impact of its Bid Auction […]

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Shaz Kojouri of MATIC

NEWS: Matic Marks Commitment to Compliance with Appointment of Shaz Kojouri to Senior Management Team

SHERMAN OAKS, Calif., April 18, 2018 (SEND2PRESS NEWSWIRE) — Matic, a digital insurance agency whose technology enables borrowers to purchase homeowner’s insurance during the mortgage transaction, today announced it has tapped Shahrzad “Shaz” Kojouri as vice president of legal and compliance.

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Wendy Peel of ReverseVision

NEWS: ReverseVision Vice President of Sales and Marketing Wendy Peel Honored with MBA Insights 2018 Tech All-Star

SAN DIEGO, Calif., April 16, 2018 (SEND2PRESS NEWSWIRE) — ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, announced today that Vice President of Sales and Marketing Wendy Peel has been honored with the MBA Insights 2018 Tech All-Star Award.

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Veros and IDS Inc

NEWS: Veros and IDS Partner on Integrated Solution for Fannie Mae and Freddie Mac UCD Data Submissions

SANTA ANA, Calif., April 16, 2018 (SEND2PRESS NEWSWIRE) — Veros Real Estate Solutions (Veros), a leading developer of enterprise risk management, collateral valuation, and predictive analytics services, and mortgage document preparation vendor International Document Services, Inc. (IDS) announced today that they have partnered to provide lenders with a fully integrated automated delivery solution for submitting […]

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IDS Inc.

NEWS: IDS Adds Hybrid eClosing Capabilities to Its Mortgage Doc Prep Platform

SALT LAKE CITY, Utah, April 16, 2018 (SEND2PRESS NEWSWIRE) — Mortgage document preparation vendor International Document Services, Inc. (IDS), announced that its clients now have the capabilities to conduct hybrid electronic mortgage closings through its flagship mortgage document preparation platform, idsDoc.

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Chuck Simpson of EPIC

NEWS: EPIC’s Chuck Simpson to Present at AESC Safety, Wireline, Trucking Conference and Tradeshow

SAN FRANCISCO, Calif. and BIRMINGHAM, Ala., April 12, 2018 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, announced that Senior Risk Control Consultant Chuck Simpson will present at the Association of Energy Service Companies (AESC) Safety, Wireline, Trucking Conference and Tradeshow on Wed., April 18 […]

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Cloudvirga

NEWS: Cloudvirga and Freddie Mac Team Up to Deliver a Better Borrower Experience, Maximize Fungibility

IRVINE, Calif., April 12, 2018 (SEND2PRESS NEWSWIRE) — Cloudvirga, a leading provider of digital mortgage point-of-sale (POS) software whose enterprise technology is powered by the intelligent Mortgage Platform(, today launched single-click submission of loan data to both GSEs’ automated underwriting systems (AUS) in a collaborative effort with Freddie Mac, delivering on the industry need for […]

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IDS Inc.

NEWS: IDS, Inc. Advises Mortgage Lenders to Address UCD Warnings Prior to June 25 Deadline

SALT LAKE CITY, Utah, April 11, 2018 (SEND2PRESS NEWSWIRE) — Mortgage document preparation vendor, International Document Services, Inc. (IDS), has announced it is advising all lenders to begin troubleshooting warnings from Fannie Mae and Freddie Mac’s Uniform Closing Dataset (UCD) portal regarding missing information in their UCD files. Effective June 25, 2018, the GSEs will […]

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FinKube

NEWS: FinKube Launches New Website for Innovative Chatbot

DALLAS, Texas, April 11, 2018 (SEND2PRESS NEWSWIRE) — FinKube, a company that provides AI-powered Platform-as-a-Service solutions for a range of industries, announced today that it has launched a new website for its intelligent, conversational chatbot, ELSA. The arrival of the new site, which can be found at elsabot.com, coincides with FinKube’s expanding role as an […]

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LBA Ware

NEWS: Alterra Home Loans Selects LBA Ware’s CompenSafe to Increase Mortgage Origination Productivity, Contain Operating Costs

MACON, Ga., April 11, 2018 (SEND2PRESS NEWSWIRE) — LBA Ware, a leading provider of automated compensation software and systems integration solutions for mortgage lenders, today announced that top ranking Nevada-based retail mortgage lender, Alterra Home Loans has chosen CompenSafe to automate commissions for its 65 branch offices licensed to operate in 30 states and deliver […]

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LBA Ware

NEWS: Alterra Home Loans Selects LBA Ware’s CompenSafe to Increase Mortgage Origination Productivity, Contain Operating Costs

MACON, Ga., April 11, 2018 (SEND2PRESS NEWSWIRE) — LBA Ware, a leading provider of automated compensation software and systems integration solutions for mortgage lenders, today announced that top ranking Nevada-based retail mortgage lender, Alterra Home Loans has chosen CompenSafe to automate commissions for its 65 branch offices licensed to operate in 30 states and deliver […]

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Bank of Southern California N.A.

NEWS: Bank of Southern California NA Expands Commercial Banking Team to Serve Orange County and Los Angeles Region

SAN DIEGO, Calif., April 11, 2018 (SEND2PRESS NEWSWIRE) — Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL), a community business bank headquartered in San Diego, is pleased to announce the hiring of two seasoned banking and lending professionals to further support the Bank’s expansion in Southern California.

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Steve Denton of EPIC

NEWS: EPIC Adds Steve Denton as President of Parent EPIC Holdings Inc.

SAN FRANCISCO, Calif. and ATLANTA, Ga., April 11, 2018 (SEND2PRESS NEWSWIRE) — EPIC (Edgewood Partners Insurance Center dba EPIC Insurance Brokers and Consultants) today announced the addition of insurance industry veteran Steve Denton as President of its parent company EPIC Holdings, Inc. reporting to EPIC Holdings CEO John Hahn. Denton will join EPIC as of […]

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The 7 Habits Tree - Leader in Me

NEWS: Community Bank Helps Foster Future Leaders with Support of ‘Leader In Me Program’

OSCEOLA, Iowa, April 10, 2018 (SEND2PRESS NEWSWIRE) — Clarke County State Bank, through the John T. Vucurevich Foundation, continues to support Clarke Elementary School as an official school in “The Leader in Me” program. Since 2012, CCSB has been a strong contributor to the program providing the base funding for its launch with foundation grants […]

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Patrick Macdonald-King

NEWS: Patrick Macdonald-King Joins Hyperion Media Group as Strategic Advisor

HOLLYWOOD, Calif., April 6, 2018 (SEND2PRESS NEWSWIRE) — Exiting his role as Prime Focus Technologies President after completing his earn out and roll-out of the company’s award-winning DAX Platform, Patrick Macdonald-King has agreed to join the Advisory Board of film and tech finance firm Hyperion Media Group to help create a fund focused on content, […]

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Worldwide Broker Network and EPIC

NEWS: Worldwide Broker Network, Member Host EPIC Announce 58th Global Conference in San Antonio Texas

SAN FRANCISCO, Calif., April 5, 2018 (SEND2PRESS NEWSWIRE) — The Worldwide Broker Network (WBN), the world’s largest fully integrated international network of independent Property & Casualty and Employee Benefits brokers, has announced its 58th Global Conference on April 11-14, 2018 in San Antonio. Partnering with Member Host EPIC Insurance Brokers and Consultants, the 2018 Global […]

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Quandis - Top Mortgage Employer

NEWS: National Mortgage Professional Magazine Designates Quandis a 2018 Top Mortgage Employer

RANCHO SANTA MARGARITA, Calif., April 5, 2018 (SEND2PRESS NEWSWIRE) — Quandis, Inc., a leading default management mortgage technology provider, announced that it was named to National Mortgage Professional magazine’s (NMP) Top Mortgage Employers list for 2018. Quandis was one of only ten companies to be included in the publication’s ‘Services Providers’ award category.

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IDS Inc.

NEWS: IDS Advises Mortgage Lenders to Address UCD Warnings Prior to June 25 Deadline

SALT LAKE CITY, Utah, April 5, 2018 (SEND2PRESS NEWSWIRE) — Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it is advising all lenders to begin troubleshooting warnings from Fannie Mae and Freddie Mac’s Uniform Closing Dataset (UCD) portal regarding missing information in their UCD files. Beginning June 25, UCD files that trigger a […]

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ReverseVision

NEWS: HousingWire Names ReverseVision to Its TECH100 List of Housing’s Most Innovative Tech Companies for a Third Year

SAN DIEGO, Calif., April 4, 2018 (SEND2PRESS NEWSWIRE) — ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced it has been named to HousingWire’s HW Tech100 list of innovative housing technology companies for a third time. Previously recognized in 2015 and 2017, ReverseVision is the only […]

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Cloudvirga

NEWS: Cloudvirga Named to HousingWire’s TECH100 List of Most Innovative Tech Companies in Real Estate and Housing

IRVINE, Calif., April 4, 2018 (SEND2PRESS NEWSWIRE) — Cloudvirga, a leading provider of digital mortgage point-of-sale (POS) software whose enterprise technology is powered by the intelligent Mortgage Platform(R), today announced it has been named to HousingWire’s 2018 TECH100 list of the most innovative technology companies in U.S. real estate, mortgage lending, mortgage servicing and investments.

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Simplifile

NEWS: Simplifile Recognized as an Innovative Mortgage Technology Company on 2018 HW Tech100

PROVO, Utah, April 4, 2018 (SEND2PRESS NEWSWIRE) — Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, announced that it has been included on the fifth annual HW Tech100 list published by housing and mortgage industry trade magazine HousingWire. This year marks the third consecutive year […]

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LBA Ware

NEWS: LBA Ware Named to 2018 HW Tech100 List of Innovative Housing, Mortgage Technology Companies

MACON, Ga., April 3, 2018 (SEND2PRESS NEWSWIRE) — LBA Ware, a leading provider of automated compensation software and systems integration solutions for mortgage lenders, today announced that it has been named to the 2018 HW Tech100 list published by housing and mortgage industry trade magazine HousingWire. The HW Tech100, which is in its fifth year […]

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FormFree and BeSmartee

NEWS: BeSmartee and FormFree Integration Gets Loans to Initial Underwriting Faster

ATHENS, Ga., April 3, 2018 (SEND2PRESS NEWSWIRE) — Automated verification provider FormFree(R) today announced that its flagship AccountChek(R) automated asset verification service is now part of BeSmartee’s next-generation mortgage point-of-sale (POS) platform. The integration will make BeSmartee’s already-streamlined digital loan process even speedier thanks to faster and more accurate assessment of borrowers’ ability to pay […]

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Matic and MortgageHippo

NEWS: MortgageHippo Picks Matic for Integrated Homeowner’s Insurance That Helps Lenders and Consumers Save Money

SHERMAN OAKS, Calif., April 3, 2018 (SEND2PRESS NEWSWIRE) — Matic, a digital insurance agency whose technology enables borrowers to purchase homeowner’s insurance during the mortgage transaction, today announced the availability of its one-click “get quote” button within MortgageHippo, a cloud-based digital mortgage platform that guides consumers through a modern, lender-branded borrowing experience.

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The Mortgage Collaborative

NEWS: The Mortgage Collaborative Welcomes Partners Credit and Verification Solutions to Preferred Partner Network

SAN DIEGO, Calif., April 2, 2018 (SEND2PRESS NEWSWIRE) — The Mortgage Collaborative, the nation’s only independent mortgage cooperative, today announced the addition of credit and verification solutions firm Partners Credit & Verification Solutions to its Preferred Partner network. Partners Credit offers TMC members a suite of comprehensive and customized credit related products and services.

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Bank of Southern California N.A.

NEWS: Bank of Southern California NA Successfully Completes $26 Million Capital Offering

SAN DIEGO, Calif., April 2, 2018 (SEND2PRESS NEWSWIRE) — Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL) announced today the completion of a capital raise of approximately $26 million through the issuance of common stock in a private placement to institutional and accredited individual investors at a price of $14.75 per share.

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Cloudvirga

NEWS: Major Update to Cloudvirga’s Enterprise Point-of-Sale Platform Raises the Digital Mortgage Bar

IRVINE, Calif., March 29, 2018 (SEND2PRESS NEWSWIRE) — Cloudvirga(TM), a leading provider of digital mortgage point-of-sale (POS) software whose enterprise technology is powered by the intelligent Mortgage Platform(R), today announced a major update to the Cloudvirga Enterprise POS. New features designed to improve lender speed, compliance and productivity will make the platform’s 4.0 release the […]

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PitBullTax Software

NEWS: PitBullTax Software Launches PitBullTax University and Announces Its First User Conference

CORAL SPRINGS, Fla., March 28, 2018 (SEND2PRESS NEWSWIRE) — PitBullTax Software, The Leading IRS Tax Resolution Software provider for CPAs, Enrolled Agents and Tax Attorneys received accreditation to be a Continuing Education Provider for tax professionals who are involved in IRS tax resolution and for those who plan to practice in this lucrative specialty. This […]

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Tom Rice of OpenClose

NEWS: Mortgage Technology Industry Veteran Tom Rice Joins OpenClose as Vice President Enterprise Account Executive

WEST PALM BEACH, Fla., March 22, 2018 (SEND2PRESS NEWSWIRE) — OpenClose(R), an industry-leading multi-channel loan origination system (LOS) and mortgage fintech provider, announced that long-time industry veteran Tom Rice has joined its growing sales team. Mr. Rice has experience with multiple LOS platforms as well as other enterprise-class mortgage technology solutions. He will be responsible […]

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cloudvirga

NEWS: New Mobile App from Cloudvirga Connects Real Estate Agents with Loan Officers on Its Digital Mortgage Platform

IRVINE, Calif., March 20, 2018 (SEND2PRESS NEWSWIRE) — Cloudvirga, a leading provider of digital mortgage point-of-sale (POS) software whose enterprise technology is powered by the intelligent Mortgage Platform, today announced the launch of a new mobile app that will enable real estate agents to collaborate with mortgage loan officers in real time. This native mobile […]

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Erin Harris and Jason Alderton of MQMR

NEWS: Two MQMR Employees Selected as MBA, California MBA Future Leaders

LOS ANGELES, Calif., March 20, 2018 (SEND2PRESS NEWSWIRE) — Mortgage Quality Management and Research, LLC (MQMR), a leader in mortgage risk management and compliance services, today announced that two employees from the MQMR family of companies have been selected to participate in executive leadership development programs sponsored by the national Mortgage Bankers Association (MBA) and […]

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Simplifile

NEWS: Simplifile Debuts Enhanced Post-Closing Service to Automate Return of Trailing Mortgage Documents

PROVO, Utah, March 20, 2018 (SEND2PRESS NEWSWIRE) — Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, announced that it has enhanced its Post Closing service to help lenders automate the return of trailing loan documents. This new service is designed to save lenders time on […]

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