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

Prevail Consulting, Inc.

Prevail Consulting, Inc. announces launch of the Prevail Reinsurance System Hosted Solution

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.

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Masterseek Corporation

B2B Information Portal Masterseek.com Announces Private Placement of $25M

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 […]

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International Document Services, Inc.

International Document Services Appoints Mark Mackey Vice President

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.

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Foreclosure Deals

ForeclosureDeals.com reports that as California Foreclosures Rise, Real Estate Investment Flourishes

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.

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Del Mar DataTrac

John Aslanian joins DMD as Vice President of Sales

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.

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International Document Services, Inc.

Curt Doman, IDS President Advises Lenders to Tackle HELOC-specific Doc Challenges

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 […]

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Edgewood Partners Insurance Center

Edgewood Partners Insurance Center adds Daniel J. Pierro, Jr. as principal and senior employee benefits consultant

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.

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Arko Advice Research

Investors welcome business intelligence services in Latin America’s most promising emerging market

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 […]

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Del Mar DataTrac

DMD Exhibits DataTrac Originator Mortgage Lending Solution at ICBA Conference

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.

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International Document Services, Inc.

idsDoc Platform from International Document Services, Inc. gets enhanced e-Signature options

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 […]

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ForeclosureWarehouse.com

ForeclosureWarehouse reports that Some States Provide Better Value for Foreclosure Property Investments

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 […]

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MCT Trading, Inc.

MCT Trading’s COO Philip Rasori will speak on panel at Eastern Secondary Marketing Conference

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 […]

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Titan Lenders Corp

Titan Lenders Corp Gains Eight New Mortgage Lender Clients in Second Half of 2010 for web-based software Cerberyx

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 […]

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ForeclosureDataOnline

Data Supports Specter of Unemployment Keeping Foreclosures High in Some States says ForeclosureDataOnline.com

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 […]

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Virtual Law Partners LLP

Silicon Valley Law-Firm, Virtual Law Partners, adds Attorney Fred A. Rodriguez for I.P. Law

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.

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Fidelis Mortgage

Eric Rittmeyer, president Fidelis Mortgage, is one of the first in the nation to receive the designation of Certified Reverse Mortgage Professional

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).

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International Document Services, Inc.

Del Mar DataTrac Software for Mortgage Lenders chosen for solution from International Document Services

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 […]

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Virtual Law Partners LLP

California’s Virtual Law Partners adds Denise Zack to Legal Services Team

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 […]

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Foreclosure Deals

Foreclosure Deals business analyst reports that year-end 2010 statistics show no shortage of foreclosed homes

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 […]

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International Document Services Inc.

Lenders Should Adopt Model Privacy Form Prior to Year’s End to Retain Safe Harbor under Gramm-Leach-Bliley, says IDS’ Curt Doman

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.

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International Document Services Inc.

HVCC Out of Mortgage Doc Packages for 2011 from IDS Inc.

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 […]

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Loan-Score Decisioning Systems

Loan Score Decisioning Systems’ Joe Bowerbank Named to 2010 Top 40 Under 40

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.

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Peter Grandich

Grandich Publications LLC announces report on personal finance and hoarding: ‘2011 Grandich Self-Storage Factor’

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.

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