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Archive | Finance

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

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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Despite no formal education, Peter Grandich beats odds with two decades of accurate market predictions

WALL, N.J. (CitizenWire) — Peter Grandich, dubbed the ‘Wall Street Whiz Kid’ on national television for calling the 1987 ‘Black Monday’ market crash, has been making major top and bottom calls for 26 years. Now, Grandich has his bear suit back on, and is calling for a new top.

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Document Systems, Inc.

Steve Ribultan Named to Top 40 Most Influential Mortgage Professionals Under 40 List

CARSON, Calif. (CitizenWire) — Document Systems, Inc., the industry’s leading technology provider for compliant mortgage loan document preparation, announced that its executive sales manager, Steve Ribultan, has been named to National Mortgage Professional magazine’s Top 40 Most Influential Mortgage Professionals Under 40 list for 2010.

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Del Mar DataTrac

Full-Service Mortgage Banker Pinnacle Capital selects DataTrac Solution

SAN DIEGO, Calif. (CitizenWire) — California-based full-service mortgage banker Pinnacle Capital Mortgage (Pinnacle) credits Del Mar DataTrac, Inc. (DMD), the leading provider of affordable end-to-end mortgage lending automation solutions, with enabling its adoption of paperless lending, streamlining its underwriting processes and strengthening its wholesale channel.

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International Document Services Inc.

Cycling Challenge Raises Contribution for Atlanta Habitat for Humanity

SALT LAKE CITY, Utah (CitizenWire) — International Document Services (IDS), a mortgage document preparation vendor, raised more than $6,000 for Atlanta Habitat for Humanity during the IDS Cycling Challenge at the Mortgage Bankers Association’s (MBA) 97th Annual Convention and Expo in Atlanta. IDS staff members, partners and conference attendees pedaled for a combined total of […]

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United States Global Entrepreneurs Association

United States Global Entrepreneurs Association Honors Vickers Financial Group

LOS ANGELES, Calif. (CitizenWire) — The United States Global Entrepreneurs Association (USGEA) is proud to announce that one of its corporate members, Vickers Financial Group, a leading Venture Capital firm emerged a winner on October 5th at the Inaugural Singapore Venture Capital and Private Equity Association (SVCA) Annual Awards Gala Dinner held at the Shangri-La […]

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International Document Services, Inc.

International Document Services added to Wells Fargo’s List of E-Delivery-Approved Mortgage Doc Providers

SALT LAKE CITY, Utah (CitizenWire) — International Document Services (IDS), a mortgage document preparation vendor, has been approved by Wells Fargo (NYSE: WFC) to provide mortgage documents via e-delivery to loan applicants. The approval covers e-delivery for all mortgage documents, but typically, initial and pre-disclosures are the primary documents submitted to loan applicants electronically.

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Del Mar DataTrac

2010 MBA Annual Conference: DataTrac Announces LOS Integration with Fannie Mae EarlyCheck

SAN DIEGO, Calif. (CitizenWire) — Del Mar DataTrac, Inc. (DMD), the leading provider of affordable end-to-end mortgage lending automation solutions has completed the integration of its rules-based workflow automation platform DataTrac with Fannie Mae’s EarlyCheck(TM) service. This EarlyCheck integration is included in DataTrac release 9.3R3, available for mortgage lender implementation beginning October 28, 2010.

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third party originator

Comergence Insurance Services announces fidelity and professional indemnity insurance to TPOs

ORANGE, Calif. (CitizenWire) — Comergence Insurance Services, a wholly owned subsidiary of third-party originator (TPO) risk management solutions provider Comergence Compliance Monitoring, announced it now offers fidelity and professional indemnity insurance to TPOs – the first of its kind within the industry.

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Morgan Stanley Smith Barney

Financial Advisor Paul Granito Among ‘Best of Best’ at Barron’s Summit

PARAMUS, N.J. (CitizenWire) — Paul Granito, First Vice President, Financial Advisor at Morgan Stanley Smith Barney was one of approximately 500 financial advisors who were selected by their firms to attend the sixth-annual Barron’s Winner’s Circle Top Advisors Summit, hosted by Barron’s magazine to promote best practices in the industry and the value of advice […]

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Jeff Koch, senior loan officer of Preferred Mortgage Corporation, announced this week that Manhattan mortgage rates are at record lows

NEW YORK, N.Y. (CitizenWire) — Jeff Koch, senior loan officer of Preferred Mortgage Corporation, announced this week that Manhattan mortgage rates are at record lows. This information is based on a survey released by Freddie Mac, the second largest mortgage finance company. It reported that 30 and 15-year Manhattan mortgage rates either tied or reached […]

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Atlanta Habitat for Humanity

Benefit for Atlanta Habitat for Humanity During MBA 97th Annual Conference

ATLANTA, Ga. (CitizenWire) — International Document Services, Inc. (IDS), a mortgage document preparation vendor, and Atlanta Habitat for Humanity, one of the top producers of affordable home ownership opportunities among U.S. Habitat affiliates, have teamed up to challenge attendees at the Mortgage Bankers Association’s (MBA) 97th Annual Convention and Expo to raise $10,000 for Atlanta […]

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Stephen Griner

Chartered Financial Analyst designation earned by White Horse Advisors CEO Stephen Griner

ATLANTA, Ga. (CitizenWire) — White Horse Advisors, LLC, an independently-owned provider of financial advisory services to owners of closely-held businesses and retirement plan sponsors, announces that Stephen Griner, COO of White Horse Advisors, has earned the Chartered Financial Analyst (CFA) designation. Griner was one of only 42 percent of investment professionals to pass the June […]

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mortgage lending automation solutions

Rob Katz of Del Mar DataTrac to Moderate 2010 MBA Conference Panel: Growing Market Share in a Down Market

SAN DIEGO, Calif. (CitizenWire) — Rob Katz, president of Del Mar DataTrac, Inc. (DMD), the leading provider of affordable end-to-end mortgage lending automation solutions is moderating a panel discussion entitled ‘Growing Market Share in a Down Market’ at the Mortgage Bankers Association’s 97th Annual Conference on October 25 at 11:00 a.m.

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Calyx Software

Calyx Software and Loan-Score Decisioning Systems partner for integrated underwriting solutions

SAN JOSE, Calif. (CitizenWire) — Calyx Software, the preferred mortgage solution provider for banks, credit unions, mortgage bankers and brokers, and Loan-Score Decisioning Systems, an enterprise-class pricing and automated underwriting provider, announced that the two companies have integrated their respective loan origination system and automated underwriting system.

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