NOVI, Mich. /CitizenWire/ — NOVI, Mich., Aug. 12, 2021 (SEND2PRESS NEWSWIRE) — Vice Capital Markets, a leading mortgage hedge advisory firm for independent lenders, banks and credit unions, announced the firm is celebrating its 20th corporate anniversary. Since opening its doors in August 2001, Vice Capital Markets has helped countless clients properly and effectively manage […]
Archive | Finance
Finance News, including banking, mortgage lending, public companies, economic reports, earnings, and related financial news.
News: KROST Acts as Exclusive Financial Advisor for Integrity Bio in Sale to Curia | CitizenWire
LOS ANGELES, Calif. /CitizenWire/ — Integrity Bio, Inc., a privately held formulation and fill-finish organization, was sold to Curia (formerly Albany Molecular Research, Inc. (AMRI)), a Contract Development and Manufacturing Organization (CDMO) and leading global provider of advanced contract research, development, and manufacturing solutions. KROST, a Los Angeles-based firm, acted as the exclusive financial advisor […]
News: DocMagic Promotes Chris Lewis to Director of Enterprise Solutions | CitizenWire
TORRANCE, Calif. /CitizenWire/ — DocMagic, Inc., the premier provider of fully-compliant loan document preparation, automated regulatory compliance, and comprehensive eMortgage services, announced that it has promoted Chris Lewis to Director of Enterprise Solutions. The new title reflects the elevated role he has proactively taken at the company in increasing revenue, forging strategic partnerships, and making […]
News: Leading Digital Mortgage Platform Maxwell Named a 2021 Best Place to Work by Denver Business Journal | CitizenWire
DENVER, Colo. /CitizenWire/ — Maxwell, a leading digital mortgage and fulfillment platform for small to midsize lenders, just announced it was named a 2021 Best Place to Work by Denver Business Journal. The company ranked sixth in the medium-sized category.
News: SimpleNexus Director of Sales Engineering Tracy Farber selected as NEXT 2021 Powerhouse Awards winner | CitizenWire
LEHI, Utah /CitizenWire/ — SimpleNexus, developer of the leading homeownership platform for loan officers, borrowers, real estate agents and settlement agents, today announced that Tracy Farber, director of sales engineering, has been named a 2021 Powerhouse Awards winner by Next Mortgage Events (NEXT).
News: American Red Cross Northeast Georgia selects FormFree as Corporate Blood Sponsor of the Year | CitizenWire
ATHENS, Ga. /CitizenWire/ — FormFree has been recognized as the Corporate Blood Sponsor of the Year for the American Red Cross of Northeast Georgia, a 501(c)(3) nonprofit that helps feed, shelter and provide support for people affected by fires and other disasters.
News: Promontory MortgagePath COO Debora Aydelotte Earns Top Female Industry Leadership Honors from HousingWire and Mortgage Banker Magazine | CitizenWire
DANBURY, Conn. /CitizenWire/ — Leading digital mortgage and fulfillment solutions provider Promontory MortgagePath LLC announced Chief Operating Officer Debora Aydelotte has been recognized by HousingWire and Mortgage Banker Magazine for her leadership contributions to the mortgage industry. Aydelotte has been named one of HousingWire’s 2021 Women of Influence and is among Mortgage Banker Magazine’s 2021 […]
News: FormFree Announces Agreement with Lenders One to Offer Products to Member Base | CitizenWire
ATHENS, Ga. /CitizenWire/ — FormFree® today announced it has entered into an agreement with Lenders One®, a national alliance of independent mortgage bankers and service providers, to offer its product set to the Lenders One Mortgage Cooperative. Through the relationship, FormFree will offer Lenders One members access to automated borrower verification tools that enhance the […]
News: HousingWire honors Sales Boomerang VP of Sales Taylor Castranova as a Women of Influence | CitizenWire
WASHINGTON, D.C. /CitizenWire/ — Sales Boomerang, the industry’s top-rated automated borrower intelligence and retention system, today announced Vice President of Sales, Taylor Castranova is an honoree of HousingWire’s 2021 Women of Influence Award program.
News: SimpleNexus Founder Matt Hansen selected as finalist for EY Entrepreneur Of The Year Utah Region | CitizenWire
LEHI, Utah /CitizenWire/ — SimpleNexus, developer of the leading homeownership platform for loan officers, borrowers, real estate agents and settlement agents, today announced company Founder Matt Hansen has been named a finalist for the Entrepreneur Of The Year(r) Utah Region by Ernst & Young LLP (EY US).
News: Fanplayr Receives SOC 2 Type 2 Certification for Data Security Processes from American Institute of CPAs | CitizenWire
PALO ALTO, Calif. /CitizenWire/ — Fanplayr, a global leader in online behavioral personalization, artificial intelligence and user privacy, announces it has successfully achieved the Service Organization Control (SOC) 2 Type 2 certification.
News: LBA Ware Founder and CEO Lori Brewer Designated a 2021 Powerful Women in Mortgage Banking by Mortgage Banker Magazine | CitizenWire
MACON, Ga. /CitizenWire/ — LBA Ware™, a leading provider of incentive compensation management (ICM) and business intelligence (BI) software solutions for the mortgage industry, today announced company Founder and CEO Lori Brewer has been named to Mortgage Banker’s 2021 list of Powerful Women in Mortgage Banking.
News: U.S. Properties Group Brings Chase Bank to The Streets of Indian Lake, Hendersonville, Tennessee | CitizenWire
HENDERSONVILLE, Tenn. /CitizenWire/ — U.S. Properties Group (USPG), owner of The Streets of Indian Lake lifestyle center in Hendersonville, Tennessee, announces the opening of the Chase Bank (Chase). Chase offers more than 4,700 branches and 16,000 ATMs nationwide.
News: Mortgage Banker names SimpleNexus CEO Cathleen Schreiner Gates to list of 2021 Powerful Women of Mortgage Banking | CitizenWire
LEHI, Utah /CitizenWire/ — SimpleNexus, developer of the leading homeownership platform for loan officers, borrowers, real estate agents and settlement agents, today announced Mortgage Banker has recognized company CEO Cathleen Schreiner Gates as a 2021 Powerful Women of Mortgage Banking honoree.
News: LBA Ware’s Q2 2021 Mortgage Loan Compensation Report shows decline in individual LO commission and volume | CitizenWire
MACON, Ga. /CitizenWire/ — LBA Ware™, a leading provider of incentive compensation management (ICM) and business intelligence (BI) software solutions for the mortgage industry, today released summary statistics on the state of mortgage industry loan compensation in the second quarter of 2021. The firm’s analysis of data from its CompenSafe™ ICM platform showed that despite […]
News: NotaryCam Partners with Texas Mortgage Law Firm, RUTH RUHL, P.C., to Add RON to Firm’s Loss Mitigation Services | 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 it has partnered with RUTH RUHL, P.C., a Texas-based law firm, to add security and automation to the firm’s loss mitigation services through remote […]
News: Sales Boomerang releases Q2 2021 Mortgage Market Opportunities Report | CitizenWire
WASHINGTON, D.C. /CitizenWire/ — Sales Boomerang, the mortgage industry’s top-rated automated borrower intelligence and retention system, today released its inaugural Mortgage Market Opportunities Report. According to the report, refinance opportunities continue to dominate the market, but a promising uptick in new listings was also evident in the Q2 data. Mortgage servicers will need to closely […]
News: SimpleNexus expands C-suite under leadership of Cathleen Schreiner Gates | CitizenWire
LEHI, Utah /CitizenWire/ — SimpleNexus, developer of the leading homeownership platform for loan officers, borrowers, real estate agents and settlement agents, today announced new executive appointments in operations, revenue generation and customer success.
News: Oklahoma Bankers Association Endorses Promontory MortgagePath’s Mortgage Fulfillment Services and POS Technology | CitizenWire
DANBURY, Conn. /CitizenWire/ — Promontory MortgagePath LLC, a leading provider of comprehensive digital mortgage and fulfillment solutions, announced today the Oklahoma Bankers Association (OBA) has officially endorsed its mortgage fulfillment services and proprietary point-of-sale technology Borrower Wallet®.
News: NAMMBA Announces Partnership with MCT | CitizenWire
ORLANDO, Fla. /CitizenWire/ — The National Association of Minority Mortgage Bankers of America (NAMMBA) announced today a partnership with San Diego based Mortgage Capital Trading (MCT®). The relationship is an important step in both company’s efforts to affect positive change – addressing the housing needs of underserved communities as well as encouraging and developing a […]
News: Chelsea Groton Bank Proudly Offers Homebuyer Assistance Program for Persons with Documented Disabilities | CitizenWire
GROTON, Conn. /CitizenWire/ — Chelsea Groton Bank is pleased to partner with the Connecticut Housing Finance Authority (CHFA) to help borrowers with documented disabilities to purchase their first home, through the Home of Your Own Program.
News: Jencap Announces Acquisition of U.K.-based Lloyd’s Coverholder | CitizenWire
NEW YORK, N.Y. /CitizenWire/ — Jencap Group, LLC (Jencap), the wholesale program management and binding authority business of Galway Insurance Holdings LP (Galway), has acquired London-based Worldwide Hole ‘N One Ltd. (WHNO).
News: FormFree integrates AccountChek 3n1 one-stop VOE/VOIE into Encompass® | CitizenWire
ATHENS, Ga. /CitizenWire/ — FormFree® has partnered with ICE Mortgage Technology™, part of Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, to make its AccountChek 3n1 asset, income and employment verification service available in Encompass®, the mortgage industry’s leading cloud-based loan origination platform.
News: HousingWire selects DepthPR founder Kerri Milam as 2021 Marketing Leader | CitizenWire
ATLANTA, Ga. /CitizenWire/ — Depth Public Relations (DepthPR), a leading provider of consultative marketing, public relations and reputation management services for the mortgage lending fintech and residential finance industries since 2006, today announced company Founder and President Kerri Milam is a recipient of HousingWire’s inaugural Marketing Leaders award.
News: The IRS Collection is Now Back and Sending Final Intent to Levy Notices – Ace Plus Tax Resolution Suggests Tax Relief Strategies | CitizenWire
LOS ANGELES, Calif. /CitizenWire/ — James Cha, a CPA and a Certified Tax Resolution Specialist from Ace Plus Tax Resolution, underlines that the IRS is starting its collection actions by sending Final Intent to Levy notices, and urges taxpayers to act with tax relief strategies.
News: Travis Mlodzik Elected President of the American Society of Cost Segregation Professionals | CitizenWire
SAVAGE, Minn. /CitizenWire/ — Travis Mlodzik, Central Practice Leader for ICS Tax, LLC has been elected President of the American Society of Cost Segregation Professionals (ASCSP). Cost Segregation is a tremendously valuable tax planning strategy for real estate investors. The ASCSP provides education, credentialing, and a code of ethics for its members while representing the […]
News: Say Goodbye to Receipt Headaches! AmTrav and Emburse Automate Travel Expenses | CitizenWire
AGOURA HILLS, Calif. /CitizenWire/ — AmTrav, the one connected platform for business travel, and Emburse, a global leader in expense management and accounts payable automation, today announced the next evolution in their partnership with the launch of their automatic receipts integration.
News: MobilityRE welcomes mortgage technology leader Jonas Kruckeberg as director of growth and client success | CitizenWire
SALT LAKE CITY, Utah /CitizenWire/ — MobilityRE, a leader in real estate intelligence technologies for mortgage lenders and real estate agents, today announced it has appointed mortgage technology leader Jonas Kruckeberg as director of growth and client success.
News: Move For Hunger to Connect Food Donations with Local Distribution Centers in Partnership with Goldman Sachs Asset Management | CitizenWire
NEW YORK, N.Y. /CitizenWire/ — Move For Hunger, a national hunger relief non-profit organization, today announced that they will partner with the Private Real Estate business within Goldman Sachs Asset Management (Goldman Sachs) on a national program that leverages both organizations’ networks to create scalable social impact through community-based food distribution channels.
News: SimpleNexus integrates with Finicity’s Mortgage Verification Service to give lenders a simpler, faster way to verify borrower assets, income and employment | CitizenWire
LEHI, Utah /CitizenWire/ — SimpleNexus, developer of the leading homeownership platform for loan officers, borrowers, real estate agents and settlement agents, today announced an integration with Finicity’s Mortgage Verification Service (MVS) that allows lenders to streamline the verification of applicants’ assets, income and employment using a single embedded service.
News: HWS Enters into An Exclusive Partnership with Mrs. LTC to Offer Long-Term Care Claim Processing for Household Employers | CitizenWire
STERLING, Va. /CitizenWire/ — HomeWork Solutions (HWS), the industry expert in household payroll and employment taxes, has entered into an exclusive partnership agreement with Mrs. LTC, a leading provider of Long-Term Care Claims processing.
News: Critical Defect Rate Moderates in Q4 but CY 2020 Defect Rate Remains High, Per ACES Mortgage QC Industry Trends Report | CitizenWire
DENVER, Colo. /CitizenWire/ — ACES Quality Management™ (ACES), the leading provider of enterprise quality management and control software for the financial services industry, announced the release of its quarterly ACES Mortgage QC Trends Report covering both the fourth quarter (Q4) and the 2020 calendar year (CY).
News: Maxwell Announces Launch of MaxDiligence, a Tech-Powered Due Diligence and Quality Control Service for Lenders | CitizenWire
DENVER, Colo. /CitizenWire/ — Today, leading digital mortgage platform Maxwell released MaxDiligence, a new offering that provides Due Diligence and Quality Control services for its clients. The latest feature in Maxwell’s suite of tools designed for community lenders, MaxDiligence is a new scalable way to gain efficiency and generate reliable results.
News: LBA Ware and Sales Boomerang showcase borrower and business intelligence strategies that help mortgage lenders win in a purchase market | CitizenWire
MACON, Ga. /CitizenWire/ — LBA Ware™, a leading provider of incentive compensation management (ICM) and business intelligence (BI) software solutions for the mortgage industry, announced a free webinar highlighting the data points mortgage lenders should focus on to propel business performance in a purchase market.
News: ICE Mortgage Technology Acquires eVault Technology from DocMagic for Encompass eClose | CitizenWire
TORRANCE, Calif. /CitizenWire/ — ICE Mortgage Technology™, part of Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today announced it will deploy an eVault solution for secure storage of digital mortgages and notes, based upon technology acquired from DocMagic, Inc.
News: Chelsea Groton Bank Approves $244K in Grants During Spring Giving Cycle | CitizenWire
GROTON, Conn. /CitizenWire/ — This spring, the Chelsea Groton Foundation provided $244,319 to 67 non-profit organizations from Connecticut and Rhode Island. Over 60% of the Foundation’s approved funding went to organizations providing Health and Human Services, including critical needs such as healthcare, food, clothing and shelter.
News: Report: Over One Quarter of All Mileage Reimbursement Claims Are Overreported | CitizenWire
ISSAQUAH, Wash. /CitizenWire/ — According to internal data gathered by TripLog, a leading enterprise mileage and expense tracking solution, over 1/4 (nearly 30%) of all mileage is overreported, which could potentially cost businesses millions of dollars per year in fraudulent reimbursements.
News: Mid America Mortgage Securitizes Its First Ginnie Mae eNote with eCustodian Wilmington Trust | CitizenWire
ADDISON, Texas /CitizenWire/ — Mid America Mortgage, Inc. (Mid America) announced today that the company has completed its first Ginnie Mae eNote transaction with Wilmington Trust, an approved and active eCustodian under Ginnie Mae’s Digital Collateral Initiative. Having announced its first eNote transaction in August 2016, this represents the next step in Mid America’s ongoing […]
News: Digital Mortgage Platform Maxwell Adds Industry Veteran Sadie Gurley to its Leadership Team | CitizenWire
DENVER, Colo. /CitizenWire/ — Leading digital mortgage platform Maxwell just announced the addition of Sadie Gurley as Vice President to its leadership team. Sadie holds over 25 years of experience in the mortgage industry, most specifically in due diligence and quality control services. Her role at Maxwell will help the company find new opportunities and […]
News: AmeriSave Leveraging DocMagic Technology to Scale Operations, Elevate the Borrower Experience and Maximize Productivity | CitizenWire
TORRANCE, Calif. /CitizenWire/ — DocMagic, Inc., the premier provider of fully-compliant loan document preparation, automated regulatory compliance, and comprehensive eMortgage services, announced that AmeriSave Mortgage Corporation, one of the fastest-growing privately-held mortgage lenders in the nation and a pioneer in digital origination, is utilizing its document preparation solution and Total eClose™ platform to drive digital […]