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Archive | Finance

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

ACEC Trust and EPIC

NEWS: The ACEC Business Insurance Trust Announces Leadership Changes and New Trustee Appointments

WASHINGTON, D.C. and SAN FRANCISCO, Calif., Aug. 21, 2018 (SEND2PRESS NEWSWIRE) — The American Council of Engineering Companies Business Insurance Trust (BIT) and Greyling/EPIC Insurance Brokers & Consultants announced today leadership changes within the Trust as well as new Trustee appointments. Current Trustees Robin S. Greenleaf, P.E., LEED AP, Robert A. Overfield, P.E., and Michael […]

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Cloudvirga

NEWS: Finance of America Mortgage Gives Advisors and Borrowers a Cutting-Edge Experience with Digital Mortgage Technology from Cloudvirga

IRVINE, Calif., Aug. 20, 2018 (SEND2PRESS NEWSWIRE) — Cloudvirga, a leading provider of digital mortgage point-of-sale (POS) software whose enterprise technology is powered by the intelligent Mortgage Platform, today announced that Finance of America Mortgage (FAM) will deploy the Cloudvirga Enterprise POS as its digital mortgage platform.

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MCT Trading

NEWS: MCT Integrates its MCTlive! Secondary Marketing Software with Freddie Mac for Automated Loan Sale Pricing and Commitment

SAN DIEGO, Calif., Aug. 17, 2018 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced new functionality that delivers real-time pricing and automates loan committing for Freddie Mac clients. MCT’s lender clients receive the pricing information seamlessly via its integrated capital markets technology platform, MCTlive! […]

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Rhonda Beck of MCT

NEWS: Mortgage Professional America Magazine Honors MCT’s Rhonda Beck, CMB with 2018 Elite Women in Mortgage Award

SAN DIEGO, Calif., Aug. 17, 2018 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that Rhonda Beck, CMB, has been designated to Mortgage Professional America (MPA) magazine’s list of Elite Women in Mortgage for 2018.

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FinKube

NEWS: FinKube Publishes New Digital Lending White Paper, ‘Simplifying the Digital Mortgage Process’

DALLAS, Texas, Aug. 14, 2018 (SEND2PRESS NEWSWIRE) — FinKube, a company that provides AI-powered Platform-as-a-Service solutions for a range of industries, announced today that it has published a new white paper entitled “Simplifying the Digital Mortgage Process.” The new paper outlines some of the risks lenders face when making choices about the technologies they employ […]

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iFOS Managing Consultants

NEWS: iFOS Managing Consultants Awarded Multi-Year Financial Review Management and Resolution Program Blanket Purchase (BPA) Agreement

COLUMBIA, Md., Aug. 8, 2018 (SEND2PRESS NEWSWIRE) — Intelligent Fiscal Optimal Solutions (iFOS) received a blanket purchase agreement (BPA) to provide Financial Review Management and Resolution Professional Services to the U.S. Agency for International Development (USAID) Agency.

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The Mortgage Collaborative

NEWS: The Mortgage Collaborative Announces Release of TMC Benchmark 2.0

SAN DIEGO, Calif., Aug. 7, 2018 (SEND2PRESS NEWSWIRE) — The Mortgage Collaborative (TMC), the nation’s only independent mortgage cooperative, today announced the release of its enhanced benchmarking solution for its lender members. In collaboration with TMC Preferred Partner LBA Ware, TMC Benchmark now has an improved user interface, augmented reporting dashboards and peer segmentation.

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Cloudvirga and RADIAN

NEWS: Cloudvirga Adds Digital Mortgage Integration with Leading Mortgage Insurance Provider Radian

IRVINE, Calif., Aug. 7, 2018 (SEND2PRESS NEWSWIRE) — Cloudvirga, a leading provider of digital mortgage point-of-sale (POS) software whose enterprise technology is powered by the intelligent Mortgage Platform, has partnered with Radian Guaranty, a subsidiary of Radian Group (NYSE: RDN), to deliver instant and accurate mortgage insurance (MI) rate quotes and streamline the ordering of […]

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MCT Trading

NEWS: MCT’s Bid Auction Manager (BAM) Technology Automates Tri-Party Agreement for Investors’ Bid Tape AOT Loan Sale Executions

SAN DIEGO, Calif., Aug. 3, 2018 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced automation of the Tri-Party Agreement required between lenders, investors, and broker dealers during Assignment Of Trade (AOT) transactions in the secondary market. The functionality is built into MCT’s Bid Auction […]

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Dan Cantafi of PowerGuard

NEWS: PowerGuard Adds Top Warranty and Service Agreement Specialist Dan Cantafi in Connecticut

GLASTONBURY, Conn. and IRVINE, Calif., Aug. 3, 2018 (SEND2PRESS NEWSWIRE) — PowerGuard Specialty Insurance Services – a renewable energy program manager based in the United States – announced today the addition of warranty and service agreement specialist Dan Cantafi as the firm’s Senior Vice President of Sales and Marketing. He will be based in Glastonbury, […]

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NotaryCam

NEWS: NotaryCam Applauds Treasury Recommendations to Remove Barriers to Remote Online Notarization and ‘Fully Digital Mortgage’

NEWPORT BEACH, Calif., Aug. 2, 2018 (SEND2PRESS NEWSWIRE) — Rick Triola, founder and CEO of the industry’s most popular remote online notarization solution, NotaryCam, calls the Department of Treasury’s recommendations in its July 31 report to the President: A Financial System That Creates Economic Opportunities: Nonbank Financials, Fintech, and Innovation “a cure to the persistent […]

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ACLARO Transparent Transaction Ecosystem

NEWS: Introducing Aclaro TrueView: The Fintech Solution Set to Revolutionize Lending Risk Analysis

MIAMI, Fla., Aug. 2, 2018 (SEND2PRESS NEWSWIRE) — Aclaro, the leading provider in blockchain-based open platform solutions, recently released its latest A.I. solution. The new tool, Aclaro TrueView is designed to provide automotive and other lenders with a competitive advantage through robust features that save them time, money, and facilitate better lending decisions.

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BCAL and Americas United Bank

NEWS: Bank of Southern California NA Completes Acquisition of Americas United Bank

SAN DIEGO, Calif., Aug. 1, 2018 (SEND2PRESS NEWSWIRE) — Bank of Southern California, N.A., San Diego, California (OTC Pink: BCAL / OTCMKTS:BCAL) announced today the completion of its acquisition of Americas United Bank, Glendale, California (OTC Pink: AUNB), effective July 31, 2018. Americas United Bank had total assets of approximately $231 million as of June […]

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Josephine Yen of CloudVirga

NEWS: Cloudvirga’s Josephine Yen Named to MPA Magazine’s 2018 Elite Women in Mortgage

IRVINE, Calif., July 26, 2018 (SEND2PRESS NEWSWIRE) — Cloudvirga, a leading provider of digital mortgage point-of-sale (POS) software whose enterprise technology is powered by the intelligent Mortgage Platform, today announced that senior vice president of product management Josephine Yen has been named one of Mortgage Professional America magazine’s 2018 Elite Women in Mortgage.

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Lori Brewer of LBA Ware

NEWS: LBA Ware CEO and Founder Lori Brewer Named to MPA’s Elite Women in Mortgage Two Years Running

MACON, Ga., July 26, 2018 (SEND2PRESS NEWSWIRE) — LBA Ware(TM), a leading provider of automated compensation software and systems integration solutions for mortgage lenders, announced that company CEO and Founder Lori Brewer has been named to Mortgage Professional America (MPA) magazine’s list of 2018 Elite Women in Mortgage.

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Toni Carroll of Simplifile

NEWS: Simplifile’s Toni Carroll Receives Mortgage Professional America Award

PROVO, Utah, July 25, 2018 (SEND2PRESS NEWSWIRE) — Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, today announced that National Settlement Account Manager Toni Carroll was honored by Mortgage Professional America (MPA) among its list of 2018 Elite Women in Mortgage.

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Mid America Mortgage COO Kara Lamphere

NEWS: Mid America Mortgage COO Kara Lamphere Repeats as One of MPA Magazine’s Elite Woman in Mortgage

ADDISON, Texas, July 25, 2018 (SEND2PRESS NEWSWIRE) — Mid America Mortgage, Inc. (Mid America) announced today that Chief Operating Officer Kara Lamphere was named by Mortgage Professional America (MPA) magazine to the publication’s list of 2018 Elite Women in Mortgage. This is the second consecutive year that Lamphere has received this recognition.

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Erin Harris of MQMR

NEWS: MQMR’s Erin Harris Recognized by Mortgage Professional America as One of Its ‘2018 Elite Women in Mortgage’

LOS ANGELES, Calif., July 25, 2018 (SEND2PRESS NEWSWIRE) — Mortgage Quality Management and Research, LLC (MQMR), a leader in mortgage risk management and compliance services, today announced that Erin Harris, manager of MQMR’s vendor management division HQ Vendor Management, has been named by industry trade magazine Mortgage Professional America (MPA) as a 2018 Elite Women […]

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Beckie Santos of IDS

NEWS: Beckie Santos of IDS Honored with MPA Magazine’s 2018 Elite Women in Mortgage Award

SALT LAKE CITY, Utah, July 25, 2018 (SEND2PRESS NEWSWIRE) — Mortgage document preparation vendor International Document Services, Inc. (IDS), announced today that New Product Development Manager Beckie Santos has been recognized by Mortgage Professional America (MPA) magazine in its list of 2018 Elite Women in Mortgage.

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Brian Lichtlin of Advalent

NEWS: Advalent Partners with Novus Healthcare to Close the Gap in Value-Based Care

WESTBOROUGH, Mass., July 24, 2018 (SEND2PRESS NEWSWIRE) — Advalent Corporation signed a partnership in early 2018 with Novus Healthcare to identify patients who could benefit from value-based care and implement that approach using Advalent’s Value-Based Care Platform and Novus’ population health management programs.

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Lou D'Agostino of EPIC

NEWS: EPIC adds Lou D’Agostino as a Principal in New York serving the Financial Services Industry

NEW YORK, N.Y., July 24, 2018 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers & Consultants today announced that risk management and insurance brokerage veteran Lou D’Agostino and his Iron Cove Partners team have joined the firm. D’Agostino has over 17 years of insurance brokerage experience with an expertise in serving the Financial Services industry.

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Thompson Mackey of EPIC

NEWS: Thompson Mackey and EPIC Insurance Host Young Risk Professional Event in Atlanta

ATLANTA, Ga., July 24, 2018 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers and Consultants, a retail property & casualty insurance brokerage and employee benefits consultant, announced today that Atlanta-based Risk Management Consultant Thompson Mackey will be hosting an event with the non-profit he leads locally, Young Risk Professionals, at the rooftop of The Ivy in Buckhead […]

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NEXT Mortgage Conference 2018

NEWS: Credit Plus, DocMagic, Home Captain and Snapdocs Lead Fundraiser, Raising $1,500 for Girls Inc. Dallas at NEXT Women’s Mortgage Event

EDMOND, Okla., July 23, 2018 (SEND2PRESS NEWSWIRE) — NEXT Mortgage Events LLC, a creator of events for women mortgage executives, has announced that mortgage industry technology providers Credit Plus, DocMagic, Home Captain and Snapdocs collaborated as key benefactors in a charity effort that raised $1,500 for Girls Inc. of Metropolitan Dallas.

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Simplifile

NEWS: Simplifile Signs 1800th County to Its E-recording Network, Platform Now Utilized by More Than Half of U.S. Recording Jurisdictions

PROVO, Utah, July 20, 2018 (SEND2PRESS NEWSWIRE) — Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, today announced that Clallam County, Wash., is the 1800th jurisdiction to join Simplifile’s e-recording network. With this addition, more than 50 percent of recording jurisdictions nationwide are now using […]

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Bank of Southern California N.A.

NEWS: Bank of Southern California NA Names Catherine Puckett VP, Business Development Manager

SAN DIEGO, Calif., July 18, 2018 (SEND2PRESS NEWSWIRE) — Bank of Southern California, N.A. (OTC Pink: BCAL), a community business bank headquartered in San Diego, is pleased to announce that Catherine Puckett has joined the company as Vice President, Business Development Manager. She will be responsible for expanding Bank of Southern California’s business banking client […]

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MQMR Pres. Michael Steer at Camp Impact

NEWS: Mortgage Risk Management Firm MQMR Continues Corporate Philanthropy Efforts through Volunteer Day at Camp Impact

LOS ANGELES, Calif., July 17, 2018 (SEND2PRESS NEWSWIRE) — Mortgage Quality Management and Research, LLC (MQMR), a leader in mortgage risk management and compliance services, recently completed a volunteer day at Camp Impact as part of its on-going corporate commitment to community service. Camp Impact offers free summer camps to homeless and underprivileged youth in […]

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Pension Inspector ERISA Plus Dashboard

NEWS: The Pension Inspector Launches New SaaS Integrating Prior and Present Form 5500 Filings, to Provide Big Picture of Plan Operations

NEW YORK, N.Y., July 17, 2018 (SEND2PRESS NEWSWIRE) — National Retirement Programs, Inc. and its wholly owned subsidiary AtPrime Media Services, the creator of PensionInspector.com, introduces “Form 5500 Prestige Vision,” an addition to its, super easy to use, replacement for the U.S. Department of Labor’s ERISA Form 5500 Download Service “ERISA Plus Dashboard.”

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Express Information Systems

NEWS: Express Information Systems Named to Software Industry Guru Bob Scott’s 2018 List of Top 100 VARs

SAN ANTONIO, Texas, July 17, 2018 (SEND2PRESS NEWSWIRE) — Express Information Systems, a leading provider of business software and consulting for growing businesses in Texas and beyond, has announced its inclusion on Bob Scott’s Top 100 VARs 2018 published by Progressive Media Group.

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Robert Etzler of Paragon Insurance

NEWS: Paragon Insurance Holdings Expands Operations in San Diego with addition of Robert Etzler and opening of new offices

SAN DIEGO, Calif., July 17, 2018 (SEND2PRESS NEWSWIRE) — Paragon Insurance Holdings LLC (“Paragon”), a national multi-line specialty MGA (Managing General Agency) based in Avon, Conn., today announced its expansion in San Diego, Calif. with the opening of new offices at 401 B Street in downtown San Diego and the hiring of top local insurance […]

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OpenClose

NEWS: OpenClose Launches DecisionAssist Mobile for Originators

SAN FRANCISCO, Calif., July 16, 2018 (SEND2PRESS NEWSWIRE) — OpenClose(R), an industry-leading multi-channel loan origination system (LOS) and mortgage fintech provider, announced at the California Mortgage Bankers Association (CMBA) 46th Annual Western Secondary Marketing Conference that it unveiled DecisionAssist(TM) Mobile, which provides fingertip access to the company’s proprietary web-based product and pricing engine (PPE)

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ARMCO - Aces Risk Management

NEWS: ARMCO Releases Fourth Quarter / Calendar Year 2017 Trends Report

POMPANO BEACH, Fla., July 12, 2018 (SEND2PRESS NEWSWIRE) – ACES Risk Management (ARMCO), the leading provider of enterprise financial risk management solutions, announced the release of the quarterly ARMCO Mortgage QC Trends Report. The latest report provides loan quality findings for mortgages reviewed by ACES Audit Technology(TM) during the fourth quarter (Q4) of 2017 as […]

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Jessica Henke of LBA Ware

NEWS: LBA Ware Recruits Mortgage Process Improvement Specialist Jessica Henke as Solutions Consultant

MACON, Ga., July 11, 2018 (SEND2PRESS NEWSWIRE) — LBA Ware, a leading provider of automated compensation software and systems integration solutions for mortgage lenders, announced today that it has hired Jessica Henke as a solutions consultant to support the company’s implementation consulting and client success efforts. Henke will leverage her two decades of accounting and […]

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