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Archive | Finance

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

News: Monetary Metals Finances Jeweler’s Growth | CitizenWire

SCOTTSDALE, Ariz. /CitizenWire/ — Monetary Metals announces a 150% increase in its financing of Gold Bullion International’s expansion of its 22- and 24-karat luxury gold jewelry collection, Auvere™. Gold Bullion International (GBI) is paying 4% on the gold lease. Leased inventory is off-balance sheet, and the jeweler avoids exposure to the price of gold.

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News: MCT’s Paul Yarbrough is named to HousingWire’s 2021 Insiders Award List | CitizenWire

SAN DIEGO, Calif. /CitizenWire/ — Mortgage Capital Trading, Inc. (MCT®), an industry-leading mortgage hedge advisory firm, announced that Paul Yarbrough, Director of the Client Success Group, has been named to HousingWire’s 2021 Insider Awards list. The list is designed to honor an organization’s operational all-stars – those insiders who are the company’s best-kept secret, yet […]

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News: Strategic Capital Attends the 2021 Colorado Trial Lawyers Association Convention, Sponsors Special Events | CitizenWire

LITTLETON, Colo. /CitizenWire/ — From Thursday, August 5 to Saturday, August 7, the Colorado Trial Lawyers Association (CTLA) held its annual convention. While they offered virtual attendance, they also hosted the conference in person in Steamboat Springs, Colorado. The Strategic Capital team joined them at The Steamboat Grand for the hybrid event, which was themed […]

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News: SimpleNexus is certified as eClosing solution provider by Fannie Mae and Freddie Mac | CitizenWire

LEHI, Utah /CitizenWire/ — SimpleNexus, developer of the leading homeownership platform for loan officers, borrowers, real estate agents and settlement agents, is now a Fannie Mae- and Freddie Mac-reviewed eClosing solution provider. The designation affirms that SimpleNexus’ Nexus Closing™ eMortgage solution meets both GSEs’ technical requirements for eClosing, eNote and eVault functionality and has been […]

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News: Mid America Mortgage Adds Pete Jackson as Divisional Director for Wholesale/Non-Delegated Correspondent Channel, Tim Frohock as Regional Director | CitizenWire

ADDISON, Texas /CitizenWire/ — Mid America Mortgage, Inc. (Mid America) announced today that Pete Jackson has joined the company as a divisional director and Tim Frohock as a regional director. With more than 30 years of wholesale and correspondent lending experience, Jackson and Frohock will play a critical role in the continued growth and success […]

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News: ICS Welcomes Adam Finesilver CPA to the New Alabama Office | CitizenWire

MONTGOMERY, Ala. /CitizenWire/ — ICS Tax, LLC is excited to announce its Southeast regional expansion with a new office in Montgomery, Alabama. ICS welcomes Adam Finesilver, CPA as its Regional Director. Adam brings over 13 years of experience providing tax advisory services to clients in real estate, financial and professional services industries.

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News: DocMagic Named to Inc. 5000 List of Fastest-Growing Private Companies | 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 been named to the 2021 Inc. 5000 list, the most prestigious ranking of the fastest-growing private companies in the country.

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News: Blockchain-based, AI-powered mortgage advisor Home Lending Pal raises $2.2M in pre-Series A round led by TMC Emerging Technology Fund LP | CitizenWire

SAN DIEGO, Calif. /CitizenWire/ — The Mortgage Collaborative (TMC), the nation’s largest independent cooperative network serving the mortgage industry, announced today that the TMC Emerging Technology Fund LP (the “Fund”) recently led a pre-Series A investment round in Home Lending Pal, a technology-enabled marketplace .

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News: Nomis Solutions Introduces Margin Setter Dashboard, Adjusts Mortgage Rate Data Refresh Frequency in Latest Product Update | CitizenWire

SAN FRANCISCO, Calif. /CitizenWire/ — Nomis Solutions (Nomis), a global, industry-leading pricing and profitability management solutions provider, recently introduced several product enhancements to its mortgage technology solution, further enhancing the market intelligence and actionable pricing capabilities available to its mortgage lending clients.

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News: EPIC Welcomes Peter Marshall – Further Strengthens Entertainment and Sports Practice | CitizenWire

SAN FRANCISCO, Calif. /CitizenWire/ — EPIC Insurance Brokers and Consultants, a retail property and casualty insurance brokerage and employee benefits consultant, announced today that Peter Marshall has joined its Entertainment & Sports practice as Managing Principal, Media Services.

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News: Knowledge Coop Appoints Brian Paine as Director of Technology | CitizenWire

VANCOUVER, Wash. /CitizenWire/ — Knowledge Coop, the industry’s top online compliance training and virtual work platform, today announced it has hired Brian Paine as Director of Technology. His responsibilities at Knowledge Coop include maintaining a stable working environment for all of Knowledge Coop’s technical operations.

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News: Sales Boomerang named a top mortgage technology provider by Mortgage Professional America | CitizenWire

WASHINGTON, D.C. /CitizenWire/ — Sales Boomerang, the industry’s top-rated automated borrower intelligence and retention system, was recognized today as a 5-Star Mortgage Tech provider by Mortgage Professional America (MPA) magazine. The award recognizes the U.S. mortgage industry’s top mortgage technology providers as verified by originators and tech specialists across the country.

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News: Sales Boomerang is 2021’s fastest-growing company in the residential mortgage industry | CitizenWire

WASHINGTON, D.C. /CitizenWire/ — Sales Boomerang, the mortgage industry’s top-rated automated borrower intelligence and retention system, debuted this week on Inc. magazine’s Inc. 5000 list, an annual ranking of America’s fastest-growing private companies. Sales Boomerang ranked #101 overall, placing the company among the top 3% of all private companies in America based on three-year revenue […]

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News: Real Estate Technology Firm Swift Homes Partners with iHeartMedia on Marketing Campaign | CitizenWire

CHICAGO, Ill. /CitizenWire/ — Today, Swift Homes announced a partnership with iHeartMedia on a multiplatform marketing campaign across multiple markets in the United States to help build awareness of Swift Homes’ benefits and seller-friendly offerings that are available to consumers who are looking for real estate advice and services.

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News: LBA Ware makes the Inc. 5000 list of America’s fastest-growing companies for the third consecutive year | 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 it has clinched a spot on the 2021 Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. This marks LBA Ware’s third consecutive year on […]

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News: FormFree makes inaugural appearance on 2021 Inc. 5000, ranking 1444 | CitizenWire

ATHENS, Ga. /CitizenWire/ — FormFree today announced it has ranked 1,444 on the 2021 Inc. 5000. This annual list represents a unique look at the most successful companies within the American economy’s most dynamic segment: its independent small businesses. Intuit, Zappos, Under Armour, Microsoft, Patagonia and many other well-known names gained their first national exposure […]

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News: Galway Holdings Announces Strategic Acquisition of MAI Capital Management | CitizenWire

SAN FRANCISCO, Calif. /CitizenWire/ — Galway Holdings (“Galway”) today announced its investment in MAI Capital Management LLC (“MAI”). The move adds a new business vertical in financial and wealth management services to complement existing business relationships within EPIC Insurance Brokers & Consultants as well other areas of specialization across all Galway platforms.

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News: Vice Capital Markets Commemorates 20 Years of Serving the Mortgage Industry’s Hedge Advisory and Secondary Execution Needs | CitizenWire

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 […]

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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 […]

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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 […]

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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).

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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 […]

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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 […]

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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).

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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.

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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.

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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 […]

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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 […]

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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 […]

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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®.

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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 […]

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