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Archive | Finance

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

Simplifile

NEWS: Simplifile Adds 29 Southeastern U.S. Counties to E-recording Network

PROVO, Utah, Sept. 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 29 additional recording jurisdictions located in six states throughout the Southeastern U.S. have joined Simplifile’s e-recording network.

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IDS Inc.

NEWS: IDS Completes TRID 2.0 Updates to Mortgage Document Preparation Platform

SALT LAKE CITY, Utah, Sept. 25, 2018 (SEND2PRESS NEWSWIRE) — Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it has completed modifications to its flagship mortgage document preparation platform idsDoc related to TRID 2.0. Updates were also made to the LE/CD and Totals pages within idsDoc, as well as the 1003 and Construction […]

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FORMFREE

NEWS: FormFree unveils NextGen at Digital Mortgage conference in Las Vegas

LAS VEGAS, Nev., Sept. 18, 2018 (SEND2PRESS NEWSWIRE) — FormFree today announced the release of NextGen, a new platform that builds on the company’s award-winning AccountChek service. Unveiled from the main stage of Digital Mortgage 2018 in Las Vegas, NextGen increases the precision and ease with which lenders determine their borrowers’ ability to pay loans.

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DocMagic

NEWS: Freddie Mac Expands eMortgage Solutions with DocMagic’s eVault Technology to Store and Control eNotes

TORRANCE, Calif., Sept. 18, 2018 (SEND2PRESS NEWSWIRE) — DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced today that Freddie Mac has implemented its SaaS-based eVault technology and SmartREGISTRY platform.

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Helen Johnson of BCAL

NEWS: Bank of Southern California, N.A. Names Helen Johnson Senior VP, Loan Administration Manager

SAN DIEGO, Calif., Sept. 18, 2018 (SEND2PRESS NEWSWIRE) — Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL), a community business bank headquartered in San Diego, is pleased to announce that Helen Johnson has joined the company as Senior Vice President, Loan Administration Manager.

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Sean Conrad of EPIC

NEWS: EPIC Insurance’s Sean Conrad to Moderate Wellness Panel at IMPACT18

IRVINE, Calif., Sept. 17, 2018 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, announced today that Principal Sean Conrad will moderate a wellness panel at IMPACT18 on Wednesday, Sept. 19, 2018 at 8 p.m. at the Aria Resort and Casino in Las Vegas, Nev.

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ARMCO - Aces Risk Management

NEWS: ARMCO Reduces Lender Data Validation Times by 50 Percent with DataSure

POMPANO BEACH, Fla., Sept. 17, 2018 (SEND2PRESS NEWSWIRE) — ACES Risk Management (ARMCO), the leading provider of technology for loan quality and compliance testing, data validation and analytics, announced the launch of DataSure(TM), a quality control technology that increases data validation accuracy and efficiency, and reduces lenders’ data validation task times by 50 percent or […]

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Jeremy Burcham of TRK Connection

NEWS: TRK Connection Upgrades Mortgage QC Loan Sampling Functionality within Insight RDM, Adds Predictive Loan Quality Analytics

SALT LAKE CITY, Utah, Sept. 17, 2018 (SEND2PRESS NEWSWIRE) — TRK Connection (TRK), a leading provider of mortgage quality control (QC) and origination management solutions, announced it has enhanced the loan sampling functionality and added predictive analytics to its Insight Risk and Defect Management (RDM) mortgage QC audit platform.

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Cloudvirga

NEWS: Cloudvirga announces live from the Digital Mortgage conference stage its Mobile POS product

LAS VEGAS, Nev., Sept. 17, 2018 (SEND2PRESS NEWSWIRE) — Cloudvirga, a leading provider of digital mortgage software, today announced its Cloudvirga Mobile POS, a mobile-first mortgage point-of-sale solution tuned to serve the needs of loan originators and homebuyers in a purchase mortgage market.

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Maxwell

NEWS: Maxwell Advances Mortgage Experience with the Release of Maxwell ApplyID – The Next Generation Loan Application and Enrichment API

DENVER, Colo., Sept. 17, 2018 (SEND2PRESS NEWSWIRE) — Digital mortgage leader Maxwell today announced the release of Maxwell ApplyID, its next generation mortgage loan application and data enrichment API. The new release will enable clients – from brokers to national mortgage lenders – to pre-populate loan application data and develop new customer intelligence capabilities.

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SafeChain

NEWS: SafeChain to Integrate ALTA Registry into Its Real Estate Wire Fraud Prevention Platform SafeWire

COLUMBUS, Ohio, Sept. 17, 2018 (SEND2PRESS NEWSWIRE) — SafeChain, the industry leader in wire fraud prevention software for land title, announced today that it will integrate the national ALTA Registry into its real estate wire fraud prevention platform SafeWire. Through the integration, mortgage lenders will be able to search the Registry and verify the identity […]

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LBA Ware

NEWS: On Q Financial Selects LBA Ware’s CompenSafe to Improve Accuracy and Efficiency of Mortgage Loan Originator Commission Calculations

MACON, Ga., Sept. 13, 2018 (SEND2PRESS NEWSWIRE) — LBA Ware, a leading provider of automated compensation software and systems integration solutions for mortgage lenders, today announced that Arizona-based On Q Financial has selected CompenSafe to manage the numerous compensation plans created for its team of loan originators (LOs) nationwide.

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Mortgage Quality Management and Research

NEWS: MQMR: Mortgage Industry Margin Compression Calls for Fixed-Cost Approach to Compliance Support

LOS ANGELES, Calif., Sept. 13, 2018 (SEND2PRESS NEWSWIRE) — Mortgage Quality Management and Research, LLC (MQMR) President Michael Steer today advised lenders to adopt a fixed-cost approach to compliance support in the face of margin compression and declining per-loan profits. By investing in a fixed-cost solution for compliance, lenders can better manage their monthly expenses […]

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EPIC Insurance Brokers

NEWS: EPIC Acquires Alternative Asset Management Industry Specialist Vanbridge LLC

NEW YORK, N.Y. and SAN FRANCISCO, Calif., Sept. 13, 2018 (SEND2PRESS NEWSWIRE) — Vanbridge, LLC, a specialty insurance intermediary, program management, and risk advisory services business, and EPIC Insurance Brokers & Consultants, a unique and innovative national retail insurance brokerage and employee benefits consulting firm, announced today that EPIC has acquired the assets, employees and […]

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Natalie Arshakian of MCT

NEWS: San Diego Business Journal Honors Mortgage Capital Trading’s Natalie Arshakian with 2018 ‘Next Top Business Leaders Under 40’ Award

SAN DIEGO, Calif., Sept. 11, 2018 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that the San Diego Business Journal (SDBJ) named its employee Natalie Arshakian to the 2018 ‘Next Top Business Leaders Under 40’ list. The award program recognizes dynamic, young business leaders […]

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Prevail Consulting

NEWS: Prevail Reinsurance System selected by Tower Insurance as the leading edge technology solution to automate reinsurance administration

STAMFORD, Conn., Sept. 11, 2018 (SEND2PRESS NEWSWIRE) — Prevail Consulting, Inc., a leading insurance industry technology and professional services provider, today announced a contract with Tower Insurance to license the Prevail Reinsurance System (PRS) to support Tower’s reinsurance operations. Under this new contract, Prevail will install PRS and deliver implementation and professional services.

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MorVest Capital

NEWS: MorVest Capital Offering $1.8B in GNMA Mortgage Servicing Rights

SUGAR LAND, Texas, Sept. 10, 2018 (SEND2PRESS NEWSWIRE) — MorVest Capital, an industry leader in liquidity and balance sheet advisory services, is the exclusive agent for a $1.8 billion GNMA bulk mortgage servicing portfolio. The seller is an independent mortgage banker providing full reps and warrants. Portfolio characteristics include a 3.45 percent weighted average interest […]

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PitBullTax Software

NEWS: PitBullTax Institute Organizes Its Second User Conference – Tax Resolution Expert Program

FORT LAUDERDALE, Fla., Sept. 10, 2018 (SEND2PRESS NEWSWIRE) — PitBullTax Institute, an educational branch of the well-established IRS Tax Resolution Software, organizes its Second PitBullTax User Conference: “Tax Resolution Expert Program.” It will take place on September 20-21-22, 2018 at the Hilton Fort Lauderdale Beach Resort. This conference is designed exclusively for existing and potential […]

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Ann Torrico of BCAL

NEWS: Bank of Southern California, N.A. Appoints Ann Torrico as Managing Director

SAN DIEGO, Calif., Sept. 10, 2018 (SEND2PRESS NEWSWIRE) — Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL), a community business bank headquartered in San Diego, has announced the appointment of Ann Torrico as Managing Director in Los Angeles. She will be responsible for expanding Bank of Southern California’s market presence by actively seeking […]

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Lesley Posey of Strategic Benefits Advisors

NEWS: Strategic Benefits Advisors Adds Lesley Posey to Its Benefits Consulting Team

ATLANTA, Ga., Sept. 7, 2018 (SEND2PRESS NEWSWIRE) — Independent, full-service employee benefits consulting firm Strategic Benefits Advisors (SBA) today announced the appointment of Lesley Posey to the position of benefits consultant. In this role, Posey will provide pension and retiree medical plan sponsors with a full array of actuarial and strategic advisory services, including administration […]

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Cloudvirga and American Financial Network

NEWS: American Financial Network Deploys Cloudvirga Digital Mortgage Technology Nationwide

IRVINE, Calif., Sept. 6, 2018 (SEND2PRESS NEWSWIRE) — Cloudvirga, a leading provider of digital mortgage software, today announced the deployment of its Cloudvirga Enterprise POS to all 100 branch locations of American Financial Network (AFN), a privately held mortgage company that employs over 750 loan officers and serves tens of thousands of customers nationwide.

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Travel Insurance Hurricane Season

NEWS: As Hurricane Florence Nears the US, Here’s What To Know About Travel Insurance Coverage

NEW YORK, N.Y., Sept. 6, 2018 (SEND2PRESS NEWSWIRE) — As one of the first major storms of the year looms over the East Coast, many travelers may be caught off guard if their vacations are impacted, according to TravelInsurance.com. But for those who purchased travel insurance already, many of their trip costs could be covered […]

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John Gray of Paladin Advisory Services

NEWS: Paladin Advisory Services Adds Mortgage Loan Quality Expert John Gray to Lead Forensic Loan File Reviews, Enhance Strategic Guidance and Training Services

ATLANTA, Ga., Sept. 6, 2018 (SEND2PRESS NEWSWIRE) — Paladin Advisory Services, LLC, is pleased to announce that mortgage loan quality subject matter expert John Gray, CFE, CAMS, has joined its team. Gray will drive Paladin’s forensic loan file review programs and enhance its offerings in strategic guidance and training for mortgage lenders.

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TRK Connection - Insight

NEWS: TRK Connection Add Industry-Leading Reverification Functionality to Insight RDM Mortgage QC Platform

SALT LAKE CITY, Utah, Sept. 6, 2018 (SEND2PRESS NEWSWIRE) — TRK Connection (TRK), a leading provider of mortgage quality control (QC) and origination management solutions, announced it has added functionality to its flagship QC audit platform Insight Risk & Defect Management (RDM) to help lenders digitally manage the reverification process, including eSign and automated bulk […]

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David Kressel and Henry Smith of NotaryCam

NEWS: NotaryCam’s David Kressel and Henry Smith Honored by HousingWire as Mortgage Industry ‘Insiders’

NEWPORT BEACH, Calif., Sept. 4, 2018 (SEND2PRESS NEWSWIRE) — NotaryCam today announced that its Vice President of Finance and Operations, David Kressel, and Director of Notary Operations, Henry Smith, were each named to HousingWire’s 2018 HW Insiders Award list of the mortgage industry’s unsung heroes.

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Beth Ozenghar COO of TMS

NEWS: Transformational Mortgage Solutions’ Beth Ozenghar Honored by HousingWire’s 2018 Insiders Award Program for Excellence in Mortgage Advisory Services

AUSTIN, Texas, Sept. 4, 2018 (SEND2PRESS NEWSWIRE) — Leading mortgage industry management consulting firm Austin, Texas-based Transformational Mortgage Solutions (TMS), today announced that President and COO Beth Ozenghar has been honored by HousingWire (HW) magazine with the publication’s 2018 Insiders Award. This marks the third year the award program has recognized operational all-stars “who do […]

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Julie Linkous and Kristin Leigh Wiggins

NEWS: Medical Practice Consulting Services Expands Billing Operations in North Carolina

NORTH TOPSAIL BEACH, N.C., Sept. 4, 2018 (SEND2PRESS NEWSWIRE) — Medical Practice Consulting Services (MPCS), a leading national group of practice growth consultants offering revenue cycle management services today announce the strategic expansion and opening of their billing operations, with offices at 2000 New River Inlet, Suite 1001.

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Lori Brewer of LBA Ware

NEWS: LBA Ware CEO Lori Brewer to Offer Insights on Motivating Loan Originators at 2018 Mortgage Bankers Association’s Human Resources Symposium

MACON, Ga., Sept. 4, 2018 (SEND2PRESS NEWSWIRE) — Leading provider of automated compensation software and systems integration solutions for mortgage lenders LBA Ware(TM) today announced that its CEO and Founder Lori Brewer will be speaking on the topic of loan originator motivation at the 2018 MBA Human Resources Symposium at the Renaissance Arlington Captial View […]

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SafeChain

NEWS: SafeChain Completes First Official Real Estate Blockchain Transaction in the U.S.

COLUMBUS, Ohio, Sept. 4, 2018 (SEND2PRESS NEWSWIRE) — SafeChain, the industry leader in wire fraud prevention software for land title, announced today it has successfully facilitated the sale of 36 forfeiture properties via blockchain. The transactions, which were completed on Tuesday in partnership with the auditor’s office in Franklin County, Ohio, marks the first instance […]

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Bank of Southern California N.A.

NEWS: Bank of Southern California, N.A. Names Soly Cangarlu Vice President, Branch Manager in West L.A.

SAN DIEGO, Calif., Sept. 4, 2018 (SEND2PRESS NEWSWIRE) — Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL), a community business bank headquartered in San Diego, has named Soly Cangarlu Vice President, Branch Manager. She will be responsible for developing client relationships and expanding the bank’s presence in West Los Angeles.

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Bank of Southern California N.A.

NEWS: Bank of Southern California N.A. Names Laura H. Araluce Vice President, Branch Manager

SAN DIEGO, Calif., Aug. 30, 2018 (SEND2PRESS NEWSWIRE) — Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL), a community business bank headquartered in San Diego, is pleased to announce that Laura H. Araluce has joined the company as Vice President, Branch Manager. She will be responsible for growing Bank of Southern California’s presence […]

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Whiteflash JM Care Plan

NEWS: Whiteflash Launches Next Generation Jewelry Care Plan

HOUSTON, Texas, Aug. 29, 2018 (SEND2PRESS NEWSWIRE) — Whiteflash Inc., specialists in ideal diamonds and fine jewelry, announced today an innovation in jewelry protection having just completed implementation of a ground-breaking program provided by JM Care Plan, Inc., a member of the Jewelers Mutual Group. The plan is the first to be rolled out by […]

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