NEW CANAAN, Conn. (CitizenWire) — Prevail Consulting, Inc., a leading software and technology services provider for the property and casualty insurance industry, today announced the launch of its Prevail Reinsurance System Hosted Solution. Companies will now have the ability to manage their reinsurance business in a secure and scalable environment, while reducing costs.
Finance News, including banking, mortgage lending, public companies, economic reports, earnings, and related financial news.
DALLAS, Texas (CitizenWire) — Domestic Development Company (DDC) announces a compelling real estate investment product that allows people to invest in oil, while yielding the greatest payback, superior tax benefits and long-term cash flow.
NEW YORK, N.Y. (CitizenWire) — Masterseek Corp., headquartered in New York, has announced the upcoming private placement of 3 million new shares at an expected price of $8.60 per share, for total expected proceeds of at least $25 million. Masterseek currently has 30 million outstanding shares, valued at about $9 each, implying a current value […]
SALT LAKE CITY, Utah (CitizenWire) — International Document Services, a mortgage document preparation vendor, has promoted National Sales Director Mark Mackey to vice president. As company vice president, Mackey will guide operational aspects of IDS’s businesses, leading the company in day-to-day operations and reporting directly to IDS president Curt Doman.
RANCHO SANTA MARGARITA, Calif. (CitizenWire) — Priceweaver, Inc., a secondary marketing-focused product and pricing provider, announced that it has moved its office to a larger facility. The relocation allows the company to grow and satisfy an increasing demand for its solution.
MIAMI, Fla. (CitizenWire) — Foreclosure Deals, an online leader in the foreclosure listings and foreclosure news industry, revealed that while California foreclosures are up significantly since the beginning of the year, foreclosures in California are taking up to a year to reach the market.
SAN DIEGO, Calif. (CitizenWire) — Del Mar DataTrac(R) (DMD), the leading provider of affordable mortgage lending automation solutions, and an industry pioneer in business intelligence, paperless lending, and loan process workflow tools, has named John Aslanian vice president of sales. Aslanian has been DMD’s director of sales since 2007.
SAN FRANCISCO, Calif. (CitizenWire) — Wholesale Trading Co-Op Insurance Services, LLC (WTCI) announced today that wholesale binding authority/program industry veteran, Julie Sylim-Uang, CPCU, has joined the firm as vice president/commercial accounts.
TOMS RIVER, N.J. (CitizenWire) — Counsellors Title Agency, Inc. announces that Carmine P. Giordano, a licensed title producer with 40 years of title experience, is joining its Toms River, New Jersey headquarters.
MIAMI, Fla. (CitizenWire) — ForeclosureDeals, an online leader in the foreclosure listings and information industry, reports that new developments in the Florida foreclosure market could slow the rate of foreclosures drastically statewide.
SALT LAKE CITY, Utah (CitizenWire) — Curt Doman, president of International Document Services, Inc., a mortgage document preparation vendor, says that while the resurgence of home equity loans and lines of credit is ultimately a good thing for both borrowers and the mortgage industry, there are specific document-related challenges lenders should address before re-entering the […]
LOS ANGELES, Calif. (CitizenWire) — Edgewood Partners Insurance Center (EPIC), a retail property, casualty insurance brokerage and employee benefits consultant, has added Daniel J. Pierro, Jr. as principal and senior employee benefits consultant. His addition comes through the acquisition of his company P&C Financial and Insurance Services, Inc. where he was owner and president.
PATTERSON, N.Y. (CitizenWire) — Jacqueline M. Tiso, CEO and founder of JMT Consulting Group, has been invited to speak at the 2011 Annual Spring Training Conference for the South Carolina Community Action Partnership and South Carolina Head Start Association.
BRASILIA, Brazil (CitizenWire) — With strong economic growth (7.5 percent per annum), a large and robust domestic market and a stable democracy, Brazil is a thriving market for foreign investors. President of the political consulting firm Arko Advice and founder of the online intelligence service Brazilian Intelligence, Dr. Murillo de Aragao says, ‘In 29 years […]
SAN FRANCISCO, Calif. (CitizenWire) — Wholesale Trading Co-Op Insurance Services, LLC (WTCI) announced today that wholesale brokerage industry veteran David Bamford has joined the firm as vice president/casualty broker.
LOS ANGELES, Calif. (CitizenWire) — CalUniversity (California InterContinental University), a leading distance-learning educational institution, has received a $11.5 million investment from Dr. Finian Tan, the lead investor in China’s number one search engine Baidu.
SAN DIEGO, Calif. (CitizenWire) — MCT Trading, Inc., a recognized leader in hedging and risk management, has announced that Rhonda Beck has joined the firm as regional sales director for its Charlotte, North Carolina office, and will lead the company’s expansion in the Southeast Unites States.
SAN DIEGO, Calif. (CitizenWire) — Del Mar DataTrac, the leading provider of affordable mortgage lending automation solutions, and an industry pioneer in business intelligence, paperless lending, and loan process workflow tools, will exhibit and demonstrate its DataTrac Originator mortgage lending point-of-sale solution at the 2011 ICBA National Convention in Orlando.
SACRAMENTO, Calif. (CitizenWire) — The Federal Trade Commission (FTC) and Congress are taking notice, and now, so is Mortgage Audit Service. They all recognize that some mortgage servicers may be guilty of illegal activities servicing the escrow account and are working to uncover the truth and to make positive changes.
SALT LAKE CITY, Utah (CitizenWire) — International Document Services, Inc., a mortgage document preparation vendor, has enhanced the e-signature options for the idsDoc platform. Changes were made based on the feedback and demand of customers and reflect the growing demand for more sophisticated e-signature capabilities that also keeps the process simple for borrowers and lenders […]
SAN DIEGO, Calif. (CitizenWire) — Del Mar DataTrac (DMD), the leading provider of affordable mortgage lending automation solutions, and an industry pioneer in business intelligence, paperless lending, and loan process workflow tools, is observing its 20th anniversary in 2011.
CARSON, Calif. (CitizenWire) — DocMagic, Inc., the mortgage industry’s leading provider of compliant loan document solutions, announced that Laurie Spira has joined the company as chief compliance officer.
NEW YORK, N.Y. (CitizenWire) — Foreclosure Warehouse calls attention to future homeowners to some states with the best price values of foreclosure properties. Foreclosure Warehouse’ statistics show that the top states that had the lowest prices in the beginning of the 2011 compared to the same time in 2010 reveal advantageous situations for those who […]
SALT LAKE CITY, Utah (CitizenWire) — According to Curt Doman, president of International Document Services (IDS), a mortgage document preparation vendor, 2010 marked the second year in a row the firm saw significant growth in the number of document packages prepared.
WALL, N.J. (CitizenWire) — Peter Grandich, founder of Trinity Financial Sports & Entertainment Management Company, Atlantic Avenue, announced today that mortgage industry expert and Broadway Producer Barry Habib, as well as former Deputy Attorney General Robert F. Munoz, have joined the company’s corporate advisory board.
SAN DIEGO, Calif. (CitizenWire) — MCT Trading, Inc., a leading hedging and risk management firm, announced that its COO, Philip Rasori, will speak on a panel session that addresses the state of capital markets. The panel is being held by the Mortgage Bankers Association of Florida at the Grand Hyatt in Tampa Bay, Florida on […]
DENVER, Colo. (CitizenWire) — In accelerated growth mode throughout the year, Titan Lenders Corp (TLC) added eight mortgage lenders as clients in the second half of 2010, and experienced a twofold 2009 to 2010 volume increase. TLC offers a parallel and variable cost alternative solution to lenders that need to maintain back office and warehouse […]
NEW YORK, N.Y. (CitizenWire) — According to The Associated Press’ monthly analysis, higher unemployment and foreclosure rates, especially in South Atlantic and Mountain states, raised the nation’s economic stress in November. This supports the findings from Foreclosure Data Online that confirms Colorado and Florida have more of the top 10 cities listed for the number […]
PALO ALTO, Calif. (CitizenWire) — Virtual Law Partners LLP is very pleased to announce that international law attorney Fred Ariel Rodriguez has joined the firm as a partner. Mr. Rodriguez specializes in international legal matters involving the transfer of personnel, goods, intellectual property and services across borders.
BALTIMORE, Md. (CitizenWire) — Fidelis Mortgage, a veteran-owned reverse mortgage business, announced this week that Eric Rittmeyer, president Fidelis Mortgage, was one of the first in the nation to receive the designation of Certified Reverse Mortgage Professional (CRMP) created by the National Reverse Mortgage Lenders Association (NRMLA).
SALT LAKE CITY, Utah (CitizenWire) — International Document Services, a mortgage document preparation vendor, and Del Mar DataTrac, Inc., the leading provider of affordable mortgage lending automation solutions, and an industry pioneer in business intelligence, paperless lending, and loan process workflow tools, have rebuilt their partner interface to improve mortgage lenders’ experience with the idsDoc […]
PALO ALTO, Calif. (CitizenWire) — Virtual Law Partners LLP is very pleased to announce that Denise Zack has joined the firm’s Commercial Lending practice. Ms. Zack joins VLP from the Virginia office of Cooley LLP, where she served as special counsel in the Credit Finance and Leasing Finance practice groups and represented both institutional lenders […]
SAN FRANCISCO, Calif. (CitizenWire) — SMARTSTOPS.net announced today that Cortal Consors S.A., a subsidiary of BNP Paribas, has incorporated SmartStops equity risk indicators into their website delivering powerful new risk management capabilities to their clients.
MIAMI, Fla. (CitizenWire) — Record numbers of foreclosures hit the market in 2010, as well as record numbers of people looking to buy them, reports Foreclosure Deals, a leading online provider of foreclosure news and information, in a year-end Foreclosure Filings 2010 review. The record-breaking trend of 2009 continued throughout the year, and many experts […]
MANCHESTER, Vt. (CitizenWire) — After hunkering down throughout 2010 recovering from a sobering 2009, banks will resume technology investments in 2011, in part with an eye toward meeting new demands on their payments operations, according to CONIX Systems, Inc.
NEW YORK, N.Y. (CitizenWire) — Plenty it turns out, according to Drs. Richard Peterson and Frank Murtha, whose behavioral finance consulting firm, MarketPsych LLC, has been analyzing data on the investor personalities of thousands of professional and retail stock pickers.
SALT LAKE CITY, Utah (CitizenWire) — Curt Doman, president of International Document Services, Inc. (IDS), a mortgage document preparation vendor, says lenders who have not adopted the Model Privacy Form are exposing themselves to unnecessary risk. Lenders are not required to adopt the Model Form and may, in fact, develop their own form to use.
SALT LAKE CITY, Utah (CitizenWire) — International Document Services (IDS), a mortgage document preparation vendor, announced it has begun to phase out the Home Valuation Code of Conduct (HVCC) in response to an October 15 directive from Fannie Mae and Freddie Mac stating that the HVCC will no longer be the standard bearer for the […]
IRVINE, Calif. (CitizenWire) — Loan-Score Decisioning Systems, an enterprise-class pricing and automated underwriting solutions provider, announced that its SVP of marketing and strategic alliances, Joe Bowerbank, was named to National Mortgage Professional magazine’s 2010 Top 40 Under 40 Most Influential Mortgage Professionals list.
WALL, N.J. (CitizenWire) — Market and economic commentator Peter Grandich has long stated that one of the biggest maladies with the American economy is our obsession with ‘stuff.’ The boom in the self-storage industry, he says, is symbolic of our addiction to excess.