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

News: Alliance Group CEO Lee Duncan Appointed to UGA’s Terry College Alumni Board | CitizenWire

LAWRENCEVILLE, Ga. /CitizenWire/ — Lee Duncan, President and CEO of Alliance Group, has accepted an invitation to serve a three-year term on the University of Georgia’s Terry College of Business Alumni Board, effective July 1, 2023. Duncan’s commitment to community building, coupled with his remarkable achievements in the business world, make him a valuable addition […]

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News: Matrix Announces the Successful Sale of WTG Fuels Holdings, LLC’s Retail Motor Fuels, Convenience Retail, and Fleet Fueling Businesses | CitizenWire

RICHMOND, Va. /CitizenWire/ — Matrix Capital Markets Group, Inc. (“Matrix”), a leading, independent investment bank, today announced the successful closing on the sale of the retail motor fuels, convenience retail, and fleet fueling businesses of WTG Fuels Holdings, LLC (“WTG Fuels” or the “Company”) to subsidiaries of GPM Investments, LLC, a subsidiary of ARKO Corp. […]

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News: LenderLogix Announces Quarterly Homebuyer Intelligence Report | CitizenWire

BUFFALO, N.Y. /CitizenWire/ — LenderLogix, a leading provider of mortgage automation software and application programming interfaces (APIs), today introduced the Homebuyer Intelligence Report, a quarterly summary of insights into borrower behavior during the home buying process based on data collected by the LenderLogix suite of tools. The inaugural report covers data collected during the pre-approval […]

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News: Matrix Advises TBC Corporation on the Sale of NTB and Tire Kingdom Service Centers | CitizenWire

RICHMOND, Va. /CitizenWire/ — Matrix Capital Markets Group, Inc. (“Matrix”), a leading, independent investment bank, announces that it has advised TBC Corporation (“TBC” or the “Company”) on the sale of TBC’s company operated retail businesses to Mavis Tire Express Services Corp. (“Mavis”). The sale includes TBC’s retail network of 595 tire and automotive service centers […]

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News: The Mortgage Collaborative Names Melissa Langdale President | CitizenWire

SAN DIEGO, Calif. /CitizenWire/ — The Mortgage Collaborative (TMC), the nation’s largest independent cooperative network serving the mortgage industry, announced today that it has named active board member Melissa Langdale president. A member of TMC’s board since 2021, Langdale’s two-decade career spans the mortgage, real estate and construction industries, including executive roles in sales, marketing, […]

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News: After, Inc. just published a first-of-its-kind ‘Warranty Claims Scoring 101’ guide, giving manufacturers an in-depth look at how automated claims scoring is transforming the industry | CitizenWire

NORWALK, Conn. /CitizenWire/ — After, Inc., a global leader in Warranty Services since 2005, developed a “Warranty Claims Scoring 101” guide, leveraging the expertise of its world-class Warranty Analytics team and over 17 years of claim scoring experience. Warranty Claims Scoring is a discipline not widely understood. Few in the industry know how these models […]

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News: Dovenmuehle taps Ron Malik as Senior Vice President of Default Servicing | CitizenWire

LAKE ZURICH, Ill. /CitizenWire/ — Dovenmuehle Mortgage, Inc. (Dovenmuehle), a leading mortgage subservicing company, announced today that it has appointed Ron Malik as the company’s new senior vice president of default servicing. In this role, Malik will oversee Dovenmuehle’s special servicing initiatives and maintain a high level of compliance and service satisfaction in all areas […]

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News: Eleven Bay Area Women Win 2023 Financial Women of San Francisco Scholarships | CitizenWire

SAN FRANCISCO, Calif. /CitizenWire/ — Financial Women of San Francisco (FWSF), an organization dedicated for more than 60 years to advancing the careers of women, names eleven students from Bay Area colleges and universities as its 2023 scholarship recipients. FWSF has awarded more than $3 million in scholarships over the past 35 years to more […]

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News: Vice Capital Markets Releases Integration with Freddie Mac Income Limits API | CitizenWire

NOVI, Mich. /CitizenWire/ — Vice Capital Markets, a leading mortgage hedge advisory firm for independent lenders, banks and credit unions, announced today it is one of the first Freddie Mac-integrated Secondary Market Advisors (SMAs) to release an integration with Freddie Mac’s Income Limits application programming interface (API).

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News: TravelInsurance.com is Celebrating 10 Years of Providing Valuable Travel Insurance Coverage to Millions of Travelers Worldwide | CitizenWire

NEW YORK, N.Y. /CitizenWire/ — TravelInsurance.com, the fastest growing independent travel insurance comparison platform, is proud to announce that May 2023 marks 10 years of providing travelers around the world with personalized trip protection. Co-Founders, Drew Sharma and Stan Sandberg, launched TravelInsurance.com in 2013 to provide consumers with an easy and transparent self-service travel insurance […]

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News: Melinda Harris of Down Payment Resource named a 2023 Trailblazer by PROGRESS in Lending Association | CitizenWire

ATLANTA, Ga. /CitizenWire/ — Down Payment Resource (DPR), the housing industry’s leading technology for connecting home buyers with homebuyer assistance programs, today announced that Director of Marketing Melinda Harris was selected to PROGRESS in Lending Association’s list of 2023 Sales, Marketing and Public Relations Trailblazers.

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News: Houston Association of Realtors implements Down Payment Resource to engage homebuyers with affordable pathways to homeownership | CitizenWire

ATLANTA, Ga. /CitizenWire/ — The Houston Association of REALTORS® (HAR) has implemented Down Payment Resource (DPR) to bring Greater Houston area homebuyers’ attention to homebuyer assistance programs in the wake of declining housing affordability. Data indicates that homebuyer assistance programs can be especially impactful in the Greater Houston area, where 89% of listings are eligible […]

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News: Georgeo Pulikkathara joins Dovenmuehle as Chief Information Security Officer | CitizenWire

LAKE ZURICH, Ill. /CitizenWire/ — Dovenmuehle Mortgage, Inc. (Dovenmuehle), a leading mortgage subservicing company, announced today that it has hired Georgeo Pulikkathara as the company’s Chief Information Security Officer (CISO). In this role, he will be responsible for the information security at Dovenmuehle, protecting data security and privacy, including borrowers’ nonpublic personal information (NPI) and […]

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News: NotaryCam’s Brian Webster named Inman Best of Finance award winner | CitizenWire

NEWPORT BEACH, Calif. /CitizenWire/ — NotaryCam, a Stewart-owned company and a pioneering provider of remote online notarization and identity verification/authentication technology for real estate and legal transactions, today announced that NotaryCam president Brian Webster has been recognized as one of 2023’s Best in Finance by Inman. The Inman Best of Finance Awards celebrate those at […]

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News: LenderLogix enhances LiteSpeed point-of-sale platform to support communication with Spanish-speaking mortgage borrowers | CitizenWire

BUFFALO, N.Y. /CitizenWire/ — LenderLogix, a leading provider of mortgage automation software and application programming interfaces (APIs), today announced its streamlined point-of-sale (POS) LiteSpeed now offers a Spanish version of the residential loan application to support communication with Spanish-speaking borrowers in their native language.

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News: Salomon Brothers Expands Capital Markets Team with New Initiative in Equity Research | CitizenWire

NEW YORK, N.Y. /CitizenWire/ — Salomon Brothers has expanded its institutional capital markets division with the addition of eight senior hires, launching the firm’s equity research initiative. As other Wall Street firms reduce headcount, Salomon Brothers continues to seek qualified candidates, and these new hires solidify the bank’s commitment to hiring exceptional professionals.

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News: OptionsSwing Inc. Acquires Apex Alliance, Broadening Assets for Learning Technology and Instruction | CitizenWire

MIAMI, Fla. /CitizenWire/ — OptionsSwing Inc. (“OptionsSwing”), a leading innovative edtech and retail trading community in the United States, has declared the finalization of its share acquisition agreement to procure all of the shares of Apex Alliance Inc. (“Apex Alliance”). Apex Alliance, a start-up in financial education, is focused on educating future generations of retail […]

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News: MCTlive! Lock Volume Indices: April 2023 Data | CitizenWire

SAN DIEGO, Calif. /CitizenWire/ — Mortgage Capital Trading, Inc. (MCT®), the leader in capital markets software and services supporting more lenders with hedging and pipeline management solutions than any other single provider, is pleased to present the MCTlive! Lock Volume Indices for April 2023. MCT Data represents a balanced cross section of several hundred lenders […]

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News: FormFree’s Brent Chandler named an Inman Best of Finance award honoree | CitizenWire

ATHENS, Ga. /CitizenWire/ — FormFree(R) today announced that its founder and CEO Brent Chandler was named to Inman’s 2023 Best of Finance award program, which recognizes the leaders who are reshaping the mortgage and finance industries for both professionals and consumers. The inaugural class of Inman’s Best of Finance winners were honored for their unwavering […]

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News: JTC CPAs Takes Home Top Honors at Idaho’s Best Awards 2023, Solidifying Their Place as State’s Premier Accounting Firm | CitizenWire

BOISE, Idaho /CitizenWire/ — JTC CPAs, a leading accounting firm based in Idaho, is thrilled to announce their recent award-winning recognition as the 2023 best accountant in both Treasure Valley and statewide in Idaho. Winning the 2023 Best CPA for Treasure Valley and Best Statewide Accountant in Idaho awards is a great achievement for JTC […]

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News: Palisade Capital Management Announces New Equity Partners | CitizenWire

FORT LEE, N.J. /CitizenWire/ — Palisade Capital Management, LP, an independent woman-led and majority woman-owned registered investment advisor with approximately $4.1 billion of assets under management, is pleased to announce nine new equity partners, completing an important phase of Palisade’s strategic plan and evolution.

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News: Down Payment Resource adds four team members to help the housing industry meet strong consumer demand for homebuyer assistance programs | CitizenWire

ATLANTA, Ga. /CitizenWire/ — Down Payment Resource (DPR), the housing industry’s leading technology for connecting home buyers with homebuyer assistance programs, today announced that it has brought on four new team members to grow its sales footprint, expand its relationships with housing finance agencies (HFAs) and provide enhanced support to DPR’s growing customer base.

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News: ACES Quality Management unveils ACES PROTECT® mortgage compliance testing module | CitizenWire

DENVER, Colo. /CitizenWire/ — ACES Quality Management® (ACES), the leading provider of enterprise quality management and control software for the financial services industry, announces the addition of ACES PROTECT, a suite of automated regulatory compliance tests, to its flagship ACES Quality Management & Control® quality control (QC) auditing platform.

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News: Nomis Solutions Joins FIS Emerald 2023 as Silver Sponsor | CitizenWire

SAN FRANCISCO, Calif. /CitizenWire/ — Nomis Solutions (Nomis), the leading provider of end-to-end pricing lifecycle management technology, announces its sponsorship of the FIS Emerald 2023 Conference, which will be held May 15-18 at Walt Disney World resorts in Orlando, Fla., hosted by FIS Global, a global leader in financial services technology.

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News: Peak Residential Lending Builds Digital-First Mortgage Borrowing Experience Using LenderLogix Product Suite | CitizenWire

BUFFALO, N.Y. /CitizenWire/ — LenderLogix, a leading provider of mortgage automation software and application programming interfaces (APIs), today announced Peak Residential Lending has implemented its complete application suite – LiteSpeed, QuickQual and Fee Chaser – into its existing tech stack to power a digital-first borrower experience.

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News: MMI appoints Brian McKray as director of product development | CitizenWire

SALT LAKE CITY, Utah /CitizenWire/ — Mobility Market Intelligence (MMI), a leader in data intelligence and market insight tools for the mortgage and real estate industries, today announced it has hired Brian McKray as the director of product development. In this role, McKray will guide the creation of new system features and functionality to maintain […]

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News: Down Payment Resource Issues Q1 2023 Homeownership Program Index Report | CitizenWire

ATLANTA, Ga. /CitizenWire/ — Down Payment Resource (DPR), the housing industry’s leading technology for connecting homebuyers with homebuyer assistance programs, issued its Q1 2023 Homeownership Program Index (HPI). The firm’s analysis revealed a 0.5% uptick in the number of homebuyer assistance programs available to help people finance homes, raising the number of programs to 2,362.

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News: Teresa Bryce Bazemore, Inspiring Leader of FHLBank San Francisco, Named FWSF Financial Woman of the Year 2023 | CitizenWire

SAN FRANCISCO, Calif. /CitizenWire/ — Financial Women of San Francisco (FWSF) today named Teresa Bryce Bazemore as the FWSF 2023 Financial Woman of the Year. Ms. Bazemore is the President and CEO of the Federal Home Loan Bank of San Francisco, whose mission is to provide its members with reliable access to low-cost liquidity, essential […]

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News: Taylor Wilshire and the Wilshire Foundation again win the Global Excellence Award (GEA) for 2023 | CitizenWire

NEW YORK, N.Y. /CitizenWire/ — Taylor Wilshire and the Wilshire Foundation have again won the Global Excellence Award (GEA) from the Consortium of International Social and Financial Responsibility (CISFR). This award highlights the Wilshire Foundation’s outstanding success in creating sustainable solutions through partnership, innovation, and best practices in order to advance its mission of eradicating […]

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News: MMI adds video production tool to platform for loan originator promotion | CitizenWire

SALT LAKE CITY, Utah /CitizenWire/ — Mobility Market Intelligence (MMI), a leader in data intelligence and market insight tools for the mortgage and real estate industries, today announced it has released LO Highlight Reels, an easy-to-use video creation tool for loan originators (LOs) looking for an eye-catching way to share their success and increase their […]

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News: Sales Boomerang releases Q1 2023 Mortgage Market Opportunities Report | CitizenWire

OWINGS MILLS, Md. /CitizenWire/ — TrustEngine™, a provider of data-driven homebuyer engagement and education solutions for lenders, today announced the release of Sales Boomerang’s latest Mortgage Market Opportunities Report. The Q1 2023 report indicates quarter-over-quarter improvements across all indicators of mortgage readiness, representing growth in mortgage lending opportunities.

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News: FormFree and Brimma Tech announce partnership to expedite matching of prospective homebuyers with best-fit loan products and lenders | CitizenWire

RALEIGH, N.C. /CitizenWire/ — Mortgage software development and solutions firm Brimma Tech (Brimma) today announced a strategic collaboration with ability-to-pay fintech FormFree®. The integration of Brimma’s AI-enabled chatbot service into FormFree’s Passport® mobile app will make it possible for prospective homebuyers to find their ideal loan product from the convenience of their mobile device, without […]

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News: Aldy Damian the CEO of Accredas Investments announces the sale of its latest commercial transaction, Walgreens – Denver, CO MSA | CitizenWire

ROLLING HILLS ESTATES, Calif. /CitizenWire/ — Aldy Damian, CEO of Accredas Investments, announces sale and close of its latest marketed commercial property. The sale of Walgreens in Denver, CO MSA adds to the previous twelve month running gross sales proceeds totaling $71 Million dollars for the last fiscal year attributed to Accredas Investments.

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News: Leonard Jones Joins Blaylock Van, Wall Street’s Oldest Continually Operating Black-Owned Firm, as Executive Director of Municipal Banking, Public Finance | CitizenWire

NEW YORK CITY, N.Y. /CitizenWire/ — Industry veteran Leonard Jones has been named Executive Director of Municipal Banking and Head of Public Finance for Blaylock Van, LLC, the nation’s longest-continuously operating Black-owned investment firm. In this role, he will lead the firm’s banking team and solutions for local and municipal government organizations with a focus […]

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News: MCT AOT Automation Improves Mortgage Lender Profitability and Investor Efficiency | CitizenWire

SAN DIEGO, Calif. /CitizenWire/ — Mortgage Capital Trading, Inc. (MCT®), a leading mortgage hedge advisory and secondary marketing software firm, announced that it has automated the process of digital TBA trade assignment during the loan sale process for both mortgage lenders and participating correspondent investors. This automation makes assignment of trade loan sales (AOTs) faster, […]

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News: TurboTenant and Armadillo: Simplifying Self-Management for Landlords | CitizenWire

FORT COLLINS, Colo. /CitizenWire/ — Armadillo, a modern tech-enabled home warranty platform, and TurboTenant, a digital one-stop-shop for landlords looking to simplify then scale their rental business, have launched a partnership to provide landlords with an affordable and comprehensive protection plan for their rental properties.

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