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

NEWS: SafeChain Partners with RamQuest to Provide Fraud-Free Closings

COLUMBUS, Ohio, Aug. 27, 2019 (SEND2PRESS NEWSWIRE) — SafeChain, the industry leader in wire fraud prevention technology and blockchain applications for land title, announced today its SafeWire application has been fully integrated into RamQuest’s Closing Market application – making SafeWire available as a seamless experience to title offices nationwide.

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NEWS: Managing General Agency Paragon Insurance Launches Nationwide Workers’ Compensation Insurance Program

AVON, Conn. and SAN DIEGO, Calif., Aug. 26, 2019 (SEND2PRESS NEWSWIRE) — Paragon Insurance Holdings LLC (“Paragon”), a national multi-line specialty MGA (Managing General Agency) based in Avon, Conn., today announced the addition of a new nationwide Workers’ Compensation Insurance Program.

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NEWS: Louisiana Appleseed to Host Community Forum in Lake Charles to Address Household Debt

NEW ORLEANS, La., Aug. 23, 2019 (SEND2PRESS NEWSWIRE) — In June, Louisiana Appleseed released its report, “A Vicious Cycle: How Predatory Lending and Court Fines & Fees Continue to Trap Communities of Color in Debt,” which discusses its findings on financial stability in low-income and communities of color. As a part of a statewide tour […]

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NEWS: Anow Debuts Inaugural User Conference September 30 in Conjunction with Valuation Expo

RED DEER, Alberta, Aug. 22, 2019 (SEND2PRESS NEWSWIRE) — Anow, developer of appraisal firm management software that simplifies the way real estate appraisers manage their businesses, will hold its inaugural user conference September 30 on day one of Valuation Expo, the nation’s largest appraiser conference. Held at the historic Flamingo Las Vegas Hotel & Casino, […]

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NEWS: Vice Capital Markets: Favorable Market Conditions Provide Impetus for Mortgage Lenders to Explore Custom Ginnie Mae Pools

NOVI, Mich., Aug. 22, 2019 (SEND2PRESS NEWSWIRE) — Vice Capital Markets President Troy Baars today urged lenders to explore custom Ginnie Mae pools as part of their overall execution strategy in light of recent increases in Ginnie Mae security volume, along with renewed investor interest in custom pools.

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NEWS: New Tools from SimpleNexus Help Mortgage Lenders Build Stronger Relationships with Borrowers’ Real Estate Agents

LEHI, Utah, Aug. 22, 2019 (SEND2PRESS NEWSWIRE) — SimpleNexus, developer of the leading digital mortgage platform for loan originators and borrowers, today announced the availability of a suite of tools designed to help originators build stronger relationships with their borrowers’ real estate agents and convert more prospects into mutual customers.

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NEWS: Westerly Becomes First Municipality in Rhode Island to Adopt E-recording

PROVO, Utah, Aug. 22, 2019 (SEND2PRESS NEWSWIRE) — Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, today announced that the Town of Westerly has joined Simplifile’s e-recording network following the July 1 passage of a law authorizing e-recording statewide in Rhode Island.

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NEWS: Mid America Mortgage Promotes Michael Cooksey to Executive Managing Director of Production

ADDISON, Texas, Aug. 22, 2019 (SEND2PRESS NEWSWIRE) — Mid America Mortgage, Inc. announced today that it has promoted Michael Cooksey, founder of Mid America’s most successful branch The Cooksey Team, to Executive Managing Director of Production. In this new role, Cooksey will be responsible for overseeing and ensuring the success of Mid America’s current network […]

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NEWS: Founders of RBS Re Join EPIC Insurance Brokers and Consultants as Part of Growing EPIC Reinsurance Unit

MIAMI, Fla. and SAN FRANCISCO, Calif., Aug. 22, 2019 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers and Consultants, a retail property and casualty insurance brokerage and employee benefits consultant, announced today the additions of Alex Soria, Tony Rodriguez, Randy Baker and Ken Knopp, a well-known and highly regarded team of Healthcare Reinsurance specialists, who spent nearly […]

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NEWS: The Mortgage Collaborative Adds Two New Board Members, Enjoys Record Attendance at Summer Conference

SAN DIEGO, Calif., Aug. 21, 2019 (SEND2PRESS NEWSWIRE) — The Mortgage Collaborative (TMC), the mortgage industry’s only independent cooperative, today announced the addition of Kate deKay and Allison Johnston to their prestigious board of directors. Johnston and deKay were voted in Sunday, August 18, 2019, during the Lender Co-op board meeting, which took place in […]

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NEWS: Lemme, a division of EPIC, Welcomes Owen Bailitz to Professional Services Firms Practice

SAN FRANCISCO, Calif. and ARLINGTON HEIGHTS, Ill., Aug. 21, 2019 (SEND2PRESS NEWSWIRE) — Lemme, a division of EPIC Insurance Brokers & Consultants, announce today the addition of Owen Bailitz as a Principal within the firm’s Professional Services Firms Practice. He will be based in Lemme’s Arlington Heights, Illinois offices.

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NEWS: JenCap Holdings LLC to Acquire Aran Insurance Services Group, a Specialty Insurance Business

NEW YORK, N.Y., Aug. 21, 2019 (SEND2PRESS NEWSWIRE) — JenCap Holdings (JenCap), a specialty insurance business, announced today that it has agreed to acquire privately-held Aran Insurance Services Group (Aran), a specialty program administrator with offices in Arizona, Colorado, Massachusetts and New York. Founded in 2009, Aran has been led by Tim Kenny and John […]

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NEWS: Inc. Magazine Names LBA Ware to the 2019 Inc. 5000 List of Fastest-Growing Private Companies

MACON, Ga., Aug. 15, 2019 (SEND2PRESS NEWSWIRE) — Inc. magazine yesterday revealed that LBA Ware(TM), provider of the leading automated compensation and sales performance management platform for mortgage lenders, is ranked 3,466 on the magazine’s annual Inc. 5000 list. The Inc. 5000 list is the most prestigious ranking of the nation’s fastest-growing private companies.

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NEWS: Louisiana Appleseed to Host Household Debt Community Forum in Shreveport

NEW ORLEANS, La., Aug. 15, 2019 (SEND2PRESS NEWSWIRE) — Louisiana Appleseed recently released its report, “A Vicious Cycle: How Predatory Lending and Court Fines & Fees Continue to Trap Communities of Color in Debt,” which discusses its findings on financial stability in low-income and communities of color. As a part of a statewide tour to […]

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NEWS: EPIC Insurance Brokers and Consultants Recognized as a 2019 ‘Best Place to Work’ in Dallas

DALLAS, Texas and SAN FRANCISCO, Calif., Aug. 15, 2019 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, has been recognized by their team members in Dallas as one of the 2019 Best Places to Work in North Texas in a survey conducted annually by the […]

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NEWS: DocMagic and INTEGRA Software Systems Form Strategic Alliance

TORRANCE, Calif., Aug. 15, 2019 (SEND2PRESS NEWSWIRE) — DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that INTEGRA Software Systems (INTEGRA) will offer the company’s document preparation solution to their client base via an integration with INTEGRA’s new LOS, EPIC.

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NEWS: The Mortgage Collaborative Adds Get Credit Healthy to Preferred Partner Network

SUNRISE, Fla., Aug. 15, 2019 (SEND2PRESS NEWSWIRE) — Fintech company, Get Credit Healthy (a subsidiary of Beta Music Group Inc. OTC PINK: BEMG) has been added to the Preferred Partner network of The Mortgage Collaborative (“TMC”). Get Credit Healthy will offer TMC members access to resources designed to reduce loan fallout and leverage data.

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NEWS: Gentry Wilson Partners – China Debt Continues to Rise

TAIPEI CITY, Taiwan, Aug. 15, 2019 (SEND2PRESS NEWSWIRE) — After the poorest quarterly performance in almost three decades during the period from April to June this year, Gentry Wilson Partners analysts say China is clearly facing serious economic challenges. The world’s second largest economy was once the most rapidly expanding, benefitting from inexpensive labor and […]

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NEWS: SimpleNexus Named One of America’s 500 Fastest-Growing Private Companies for Second Consecutive Year

LEHI, Utah, Aug. 14, 2019 (SEND2PRESS NEWSWIRE) — SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced it has been ranked in the top 500 on the Inc. 5000 list of America’s fastest-growing private companies for the second year running.

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NEWS: KROST CPAs and Consultants Named Inside Public Accounting Best of the Best and Top 200 Firms

PASADENA, Calif., Aug. 12, 2019 (SEND2PRESS NEWSWIRE) — Inside Public Accounting (IPA) named KROST CPAs & Consultants and its affiliated tax consulting practice Best of the Best and Top 200 Firms for the fourth year in a row. The firm placed 109th on the prestigious top 200 list, a substantial leap from 157th in 2016 […]

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NEWS: Bank of Southern California N.A. Names Joel Ewan Senior Vice President, Credit Administration

SAN DIEGO, Calif., Aug. 12, 2019 (SEND2PRESS NEWSWIRE) — Bank of Southern California, N.A. (OTC Pink: BCAL), a community business bank headquartered in San Diego, has announced the appointment of Joel Ewan as Senior Vice President, Credit Administration. In this newly created role, he will be responsible for managing, implementing, and evaluating credit policy initiatives […]

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NEWS: Crown Financial Introduces More Value with Their New Invoice Factoring Calculator

HOUSTON, Texas, Aug. 9, 2019 (SEND2PRESS NEWSWIRE) — Crown Financial, a Houston-based business funding provider, has increased client insight into AP factoring with the addition of their powerful tool, the invoice factoring calculator. Companies seeking working capital can easily calculate costs associated with factoring, making the process more transparent and the decision to factor their […]

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NEWS: FormFree Throws Its Support Behind California MBA’s Inaugural Mortgage Innovators Conference

ATLANTA, Ga., Aug. 9, 2019 (SEND2PRESS NEWSWIRE) — FormFree today announced its support as a premier sponsor of the California Mortgage Bankers Association’s inaugural Mortgage Innovators Conference, being held August 11-13, 2019 at the Sheraton San Diego Hotel & Marina. FormFree will demo its Passport all-in-one verification service, and attendees will have two opportunities to […]

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NEWS: LBA Ware’s CompenSafe Finishes 2Q19 with $3.6B in Lifetime Compensation Calculations

MACON, Ga., Aug. 8, 2019 (SEND2PRESS NEWSWIRE) — LBA Ware, provider of the leading automated incentive compensation and sales performance management platform for mortgage lenders, closed the second quarter of 2019 having completed $3,622,659,995 in lifetime calculations of origination commissions, management overrides and operational bonuses through its CompenSafe(TM) sales incentive platform.

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NEWS: IDS Signs on as Gold Sponsor for 2019 ACUMA Annual Conference

SALT LAKE CITY, Utah, Aug. 8, 2019 (SEND2PRESS NEWSWIRE) — Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it has agreed to serve as a Gold Sponsor for the American Credit Union Mortgage Association (ACUMA) 2019 Annual Conference, to be held September 22-25, 2019 at the Gaylord National Resort and Convention Center in […]

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NEWS: EPIC Insurance Brokers and Consultants Acquires Trumark Insurance and Financial Services

SAN FRANCISCO, Calif., Aug. 8, 2019 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers and Consultants, a retail property and casualty insurance brokerage and employee benefits consultant, announced today the acquisition of Trumark Insurance & Financial Services, a Pleasanton, CA-based Brokerage/General Agency specializing in the institutional financial advisory market.

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NEWS: EHOP Health Hires Baker Freiberg as Vice President of Sales

RALEIGH, N.C., Aug. 7, 2019 (SEND2PRESS NEWSWIRE) — EHOP Health, a chronic disease reversal company headquartered in the Triangle region, is proud to announce the hire of Baker Freiberg as Vice President of Sales. A veteran of the insurance industry, Freiberg brings extensive experience working with large employers that are looking for help reducing their […]

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NEWS: More than Half of Mortgage Loan Applicants Now Opting to Apply Using Their Mobile Device

LEHI, Utah, Aug. 6, 2019 (SEND2PRESS NEWSWIRE) — SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today released data indicating that, given the choice, a majority of borrowers now prefer a mobile-driven mortgage loan application process. Mobile applications accounted for more than 50% of the 37,157 mortgage […]

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NEWS: Memphis-based Venture Capital Firm Innova Announces Sale of Portfolio Company Arkis Biosciences to Integra LifeSciences

MEMPHIS, Tenn., Aug. 6, 2019 (SEND2PRESS NEWSWIRE) — Innova Memphis, a Memphis-based early stage venture capital firm, is pleased to announce the acquisition of its portfolio company Arkis Biosciences. Knoxville-based Arkis, a neuro-surgical medical device company, has been acquired by Integra LifeSciences Holding Corporation, a leading medical technology company.

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NEWS: MQMR Bolsters Executive Team with Addition of Mortgage Industry Veteran Stephen Sherman as COO

LOS ANGELES, Calif., Aug. 6, 2019 (SEND2PRESS NEWSWIRE) — Mortgage Quality Management and Research, LLC (MQMR) announced today that seasoned mortgage and real estate professional Stephen Sherman has joined the firm as Chief Operating Officer. Sherman brings more than 30 years of experience in mortgage servicing, secondary marketing, warehouse lending, commercial real estate sales, corporate […]

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NEWS: Bank of Southern California NA Announces Justin Roscoe as AVP, Training Officer

SAN DIEGO, Calif., Aug. 5, 2019 (SEND2PRESS NEWSWIRE) — Bank of Southern California, N.A. (OTC Pink: BCAL), a community business bank headquartered in San Diego, has named Justin Roscoe as Assistant Vice President, Training Officer. In this newly created role, he will lead all learning and development, and career pathing programs for the Bank. In […]

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NEWS: NotaryCam Applauds Texas for Eliminating Roadblock to Recording Remotely Notarized Real Estate Transactions

NEWPORT BEACH, Calif., Aug. 2, 2019 (SEND2PRESS NEWSWIRE) — NotaryCam Founder and CEO Rick Triola today praised the Texas legislature for passing SB 2128, which will go into effect on September 1. The bill provides recording jurisdictions with additional clarity when conducting paper recordings of electronically executed documents.

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NEWS: Successful Repayment of $27 Million to EB-5 Investors in New Commercial Enterprise Managed by A&J Capital, Inc.

LOS ANGELES, Calif., Aug. 1, 2019 (SEND2PRESS NEWSWIRE) — A&J Capital, Inc. (A&J), a financial services & advisory firm specializing in EB-5, private equity, and investment management, today announced its latest milestone of repaying $27 million of capital to EB-5 investors for one of its managed new commercial enterprises (NCE). A&J serves as a manager […]

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NEWS: OpenClose Bolsters Commitment to Software Innovation and Enhancement of Digital Mortgage Technology, Adds Experienced Technologist as VP of Innovation

WEST PALM BEACH, Fla., July 31, 2019 (SEND2PRESS NEWSWIRE) — OpenClose, an industry-leading multi-channel loan origination system (LOS) and digital mortgage fintech provider, announced that Allen Pollack, a seasoned industry veteran that has been instrumental in the digital shift and transformation of the industry, has joined the company in the newly created position of vice […]

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NEWS: Appraisal Institute (AI) forms affinity partnership with Anow to equip members with top-shelf appraisal office management technology

RED DEER, Alberta, July 31, 2019 (SEND2PRESS NEWSWIRE) — Anow, developer of appraisal firm management software that simplifies the way real estate appraisers manage their businesses, has formed an affinity partnership with the Appraisal Institute (AI), the largest real estate appraisal organization in the United States. The partnership makes Anow’s core appraisal office management platform […]

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NEWS: SimpleNexus Partners with Informative Research to Expand Credit Integration Options for Its Mortgage Lender Customers

LEHI, Utah, July 30, 2019 (SEND2PRESS NEWSWIRE) — SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced an integration with Informative Research, a Tier-1 CRA and fintech leader in delivering a range of origination solutions for the mortgage industry.

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