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Archive | Finance

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

NEWS: 2019 ARMCO QC Trends Report Indicates Overall Marked Improvement in Critical Defect Rate over 2018

DENVER, Colo., June 18, 2020 (SEND2PRESS NEWSWIRE) — ACES Risk Management (ARMCO), the leading provider of enterprise quality management and control software for the financial services industry, announced the release of the quarterly ARMCO Mortgage QC Trends Report. The latest report, which provides nationwide loan quality findings based on data derived from ACES Audit Technology […]

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NEWS: IDS Inks Exclusive Partnership Agreement with Mortgage Builder

SALT LAKE CITY, Utah, June 17, 2020 (SEND2PRESS NEWSWIRE) — Mortgage document preparation vendor International Document Services, Inc. (IDS), announced today it has expanded its partnership to become the exclusive integrated document preparation vendor of Mortgage Builder, a provider of award-winning mortgage loan origination and servicing software.

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NEWS: Black-Owned Private Equity Firm Offers Zero-Percent Interest Loans to Businesses of Color Impacted by COVID-19, Civil Unrest

GREENSBORO, N.C., June 16, 2020 (SEND2PRESS NEWSWIRE) — Today, North Carolina-based, black-owned private equity firm, Building Wealth & Communities (BWC) Capital, announced the launch of the BWC+invest Zero-Percent Interest Loan Program. Developed for small, emerging businesses of color across the country.

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NEWS: Centier Bank Slashes Man-Hours Spent Calculating Incentive Compensation by 99% with LBA Ware’s CompenSafe

MACON, Ga., June 16, 2020 (SEND2PRESS NEWSWIRE) — LBA Ware, a leading provider of incentive compensation management (ICM) and business intelligence software solutions for the mortgage industry, today announced that Centier Bank (Centier), Indiana’s largest private, family-owned bank, has implemented CompenSafe to automate incentive compensation for its residential lending department.

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NEWS: SimpleNexus and Mortgage Coach expand integration with real-time data syncing for instant analysis of lifetime loan costs

LEHI, Utah, June 16, 2020 (SEND2PRESS NEWSWIRE) — SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, has expanded its integration with Mortgage Coach, making it easier than ever for loan originators to give borrowers the clear, accurate comparison of loan products and scenarios needed to make informed […]

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NEWS: 3flightsHR CEO Sheryl Simmons Selected to Speak at Financial Health Network EMERGE Conference and HRSouthwest Conference for Second Consecutive Year

DETROIT, Mich., June 15, 2020 (SEND2PRESS NEWSWIRE) — 3flightsHR, a leading HR consulting company, is pleased to announce that once again Chief Executive Officer Sheryl Simmons has been selected by Dallas HR to present at the Annual HR Southwest Conference, and by the Financial Health Network to present at the Annual EMERGE Conference.

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NEWS: SimpleNexus’ Pam Faulkner and Cathleen Schreiner Gates Land Spots on NEXT Mortgage Events’ Debut 50 Over 50 Awards Program

LEHI, Utah, June 12, 2020 (SEND2PRESS NEWSWIRE) — SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced that Director of Mortgage Solutions Pam Faulkner and Board Member Cathleen Schreiner Gates have been honored by NEXT Mortgage Events’ (NEXT) 50 Over 50 awards program.

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NEWS: ReverseVision’s Wendy Peel Honored by NEXT Mortgage Events’ Inaugural Awards Program

SAN DIEGO, Calif., June 12, 2020 (SEND2PRESS NEWSWIRE) — ReverseVision, the leading provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, today announced that Vice President of Sales and Marketing Wendy Peel has been named a NEXT Mortgage Events (NEXT) 50 Over 50 honoree.

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NEWS: Vice Capital Markets Sets Internal Record for Monthly Trade Volume

NOVI, Mich., June 12, 2020 (SEND2PRESS NEWSWIRE) — Vice Capital Markets, a leading mortgage hedge advisory firm for independent lenders, banks and credit unions, announced today that the company has more than doubled its monthly trade volume over a 90-day period, setting several internal records. Trade volume totals reached during this period include $11.5 billion […]

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NEWS: Mortgage Insurance Ordering Made Seamless as OpenClose® Integrates Its LenderAssist™ LOS with Radian

WEST PALM BEACH, Fla., June 12, 2020 (SEND2PRESS NEWSWIRE) — OpenClose, an industry-leading digital mortgage fintech provider, announced it completed an interface with Radian Guaranty Inc., the mortgage insurance (MI) subsidiary of Radian Group Inc. (NYSE: RDN). The integration leverages OpenClose’s omni-channel loan origination system (LOS) and RESTful API suite, allowing Radian customers to order […]

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NEWS: DepthPR Founder Kerri Milam Named Among Mortgage Industry’s Most Influential Women

ATLANTA, Ga., June 12, 2020 (SEND2PRESS NEWSWIRE) — Depth Public Relations (DepthPR), a leading provider of consultative marketing, public relations and reputation management services for the mortgage lending and residential finance industries, today announced company Founder and President Kerri S. Milam is a recipient of the Powerhouse Award recognizing influential female leaders in the mortgage […]

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NEWS: LBA Ware Founder and CEO Lori Brewer Named NEXT Mortgage Events 50 Over 50 Honoree

MACON, Ga., June 11, 2020 (SEND2PRESS NEWSWIRE) — LBA Ware, a leading provider of incentive compensation management (ICM) and business intelligence software solutions for the mortgage industry, today announced company Founder and CEO Lori Brewer has been named an honoree of NEXT Mortgage Events’ (NEXT) 50 Over 50 awards program. In its inaugural year, NEXT […]

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NEWS: FormFree Director of Partner Relationships Christy Moss, CMB, Honored by NEXT Mortgage Events’ Inaugural 50 Over 50 Awards

ATHENS, Ga., June 11, 2020 (SEND2PRESS NEWSWIRE) — FormFree Director of Partner Relationships Christy Moss, CMB, has been recognized by Next Mortgage Events (NEXT) as a 50 Over 50 honoree. In its inaugural year, the awards program honors female powerhouses in the mortgage industry.

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NEWS: ARMCO Expands Corporate Philanthropic Program to Support COVID-19 Relief and Racial Equality Advocacy Efforts

DENVER, Colo., June 11, 2020 (SEND2PRESS NEWSWIRE) — ACES Risk Management (ARMCO), the leading provider of enterprise quality management and control software for the financial services industry, announced it has expanded its corporate philanthropic initiative ARMCO CARES to support employees’ charitable giving and volunteer efforts in response to the COVID-19 pandemic.

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NEWS: Louis Masry of Quest Settlements Takes Role as President of the National Structured Settlements Trade Association (NSSTA)

WESTLAKE VILLAGE, Calif., June 10, 2020 (SEND2PRESS NEWSWIRE) — The National Structured Settlements Trade Association (NSSTA) has named Louis Masry as 2020-2021 President. Masry is a co-owner at Quest Settlements, where he serves as Principal and as a Senior Settlement Consultant. He has assumed the role of President from Michelle Caine, who completed her year […]

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NEWS: New SBA Service Fills Plan Sponsors’ Need for Pandemic-Friendly, Cost-Effective Sourcing of Third-Party Benefit Service Providers

ATLANTA, Ga., June 9, 2020 (SEND2PRESS NEWSWIRE) — Independent, full-service employee benefits consulting firm Strategic Benefits Advisors, Inc. (SBA) today announced the launch of Arm’s-Length Vendor Search, a service designed to help organizations make informed decisions about hiring and retaining benefit plan administrators, recordkeepers and other third-party service providers when travel restrictions or budgetary constraints […]

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NEWS: SimpleNexus Platform Enhancement Enables Lenders and Borrowers to Manage Multiple Borrower Loans Through SimpleNexus’ User-Friendly Interface

LEHI, Utah, June 4, 2020 (SEND2PRESS NEWSWIRE) — SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced a platform enhancement that merges management of multiple loans with the same applicant into one user-friendly interface.

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NEWS: New Integration Enables OpenClose Lenders to Automate MERS® Loan Registration and Transfer via Cyberlink’s eRAMP System

WEST PALM BEACH, Fla., June 3, 2020 (SEND2PRESS NEWSWIRE) — OpenClose, the industry-leading mortgage fintech provider and omni-channel loan origination system (LOS), and Cyberlink Software Solutions, a provider of optimization and development solutions for mortgage lenders, announced the completion of an integration that eases the time consuming and laborious method of registering loans one by […]

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NEWS: Top of Mind Lead Project Manager Maggie Mae Named 2020 HousingWire Rising Stars Award Honoree

ATLANTA, Ga., June 1, 2020 (SEND2PRESS NEWSWIRE) — Top of Mind Networks (Top of Mind), a leader in customer relationship management (CRM) and marketing automation software for the mortgage lending industry, today announced that Lead Project Manager Maggie Mae has been named a recipient of HousingWire’s 2020 Rising Stars award. Now in its seventh year, […]

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NEWS: Amid Ongoing Work-From-Home Requirements, DocMagic Provides its eSign Technology at Zero Cost to Boost Employee Productivity

TORRANCE, Calif., May 29, 2020 (SEND2PRESS NEWSWIRE) — DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced it has made an agnostic version of its eSign technology available for free in order to help organizations increase productivity, efficiency and compliance among work-from-home employees during COVID-19 stay-at-home orders […]

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NEWS: ARMCO Launches QC NOW Web Series to Support QC Professionals

DENVER, Colo., May 26, 2020 (SEND2PRESS NEWSWIRE) — ACES Risk Management (ARMCO), the leading provider of enterprise quality management and control software for the lending industry, announced the launch of QC NOW, a web series covering current regulatory and operational changes related to quality control, compliance and risk for independent mortgage lenders, banks and credit […]

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NEWS: NotaryCam Offers Free RON Services for Current, Retired Military Members over Memorial Day for Its ‘Help a Hero’ Initiative

NEWPORT BEACH, Calif., May 22, 2020 (SEND2PRESS NEWSWIRE) — NotaryCam, the pioneering leader in online notarization and original provider of mortgage eClosing solutions, today announced that it would once again offer free remote online notarization (RON) sessions to United States veterans and current service members over the Memorial Day holiday weekend as part of its […]

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NEWS: Structured Settlement Factoring Company Launches New Website to Better Serve Customers

LOS ANGELES, Calif. and NEW YORK, N.Y., May 22, 2020 (SEND2PRESS NEWSWIRE) — Strategic Capital has launched a new website. With this newly revamped web presence, they give people the opportunity to learn more about how they can maximize payout options for structured settlements, lottery winnings, casino winnings, and more.

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NEWS: SROA Capital Pays Quarterly Distributions – Sees Market Opportunity Ahead

WEST PALM BEACH, Fla., May 20, 2020 (SEND2PRESS NEWSWIRE) — SROA Capital, LLC (“SROA”), a West Palm Beach-based vertically-integrated real estate investment management firm with $1 billion of assets under management and owner/operator of Storage Rentals of America, announced today that it has paid its first quarter distribution.

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NEWS: LBA Ware Publishes Findings of Top-10 Lender’s Compensation Automation Cost-Benefit Analysis

MACON, Ga., May 20, 2020 (SEND2PRESS NEWSWIRE) — LBA Ware, a leading provider of incentive compensation management (ICM) and business intelligence software solutions for the mortgage industry, today released the findings of a cost-benefit analysis quantifying one mortgage lender’s expected return on investment after implementing CompenSafe.

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NEWS: Global DMS offers unique Compliance Guarantee Program for EVO Appraisal Management Software

LANSDALE, Pa., May 19, 2020 (SEND2PRESS NEWSWIRE) — Global DMS, a leading provider of cloud-based appraisal management software, announced that it has launched a new Compliance Guarantee Program for those that utilize its EVO-Res appraisal management platform, which covers all fines in the event that a client is found out of compliance, but is using […]

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NEWS: ARMCO Expands Integrated Third-Party Vendor Offerings Within ACES Audit Technology

DENVER, Colo., May 19, 2020 (SEND2PRESS NEWSWIRE) — ACES Risk Management (ARMCO), the leading provider of enterprise quality management and control software for the lending industry, announced several major enhancements to its ACES Audit Technology platform to aid lenders’ loan defect categorization and post-closing quality control efforts.

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NEWS: SimpleNexus advances initial release of Closing Portal to help lenders meet urgent consumer demand for mobile mortgage closing solutions

LEHI, Utah, May 19, 2020 (SEND2PRESS NEWSWIRE) — SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced the release of the SimpleNexus Closing Portal, a new feature that enables lenders to securely collaborate with settlement service providers for streamlined closing package delivery and will pave the […]

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NEWS: Veteran B2B Sales Leader Nick Belenky Joins Top of Mind as EVP of Sales

ATLANTA, Ga., May 19, 2020 (SEND2PRESS NEWSWIRE) — Top of Mind Networks (Top of Mind), a leader in customer relationship management (CRM) and marketing automation software for the mortgage lending industry, has hired veteran business-to-business sales leader Nick Belenky as executive vice president of sales. In this role, Belenky will direct Top of Mind’s sales […]

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NEWS: ARMCO Launches ACESXPRESS for Early Payment Defaults

DENVER, Colo., May 13, 2020 (SEND2PRESS NEWSWIRE) — ACES Risk Management (ARMCO), the leading provider of enterprise quality management and control software for the lending industry, announced the release of ACESXPRESS for Early Payment Defaults (EPDs) to bolster lenders’ existing audit programs in light of the recent increases in required monthly EPD audit volume.

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NEWS: Top of Mind wins eight international Hermes Awards for SurefireCRM’s creative videos that help mortgage lenders engage prospects and customers

ATLANTA, Ga., May 12, 2020 (SEND2PRESS NEWSWIRE) — Top of Mind Networks (Top of Mind), a leader in customer relationship management (CRM) and marketing automation software for the mortgage lending industry, was recognized with four platinum and four gold awards for outstanding corporate marketing in the 2020 Hermes Creative Awards.

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