OKLAHOMA CITY, Okla., May 30, 2017 (SEND2PRESS NEWSWIRE) — The average American Fidelity Assurance Company long-term disability is nearly three years. Even though one in five adults experiences a long-term disability, most Americans are ill-prepared to cover expenses if they are unable to work (note 1). The average American could not cover a $400 emergency […]
Archive | Finance
Finance News, including banking, mortgage lending, public companies, economic reports, earnings, and related financial news.
NEWS: Mid America Mortgage Purchases eNote from First eClosing Transaction in North Carolina
ADDISON, Texas, May 25, 2017 (SEND2PRESS NEWSWIRE) — Mid America Mortgage, Inc. (Mid America) announced today it has purchased the eNote from North Carolina’s first eMortgage transaction. The transaction, which was completed entirely electronically on May 5, was a refinance for a property in Winston-Salem and was executed by Hickory-based North State Bank. Upon completion […]
NEWS: Hoge Fenton Introduces Student Loan Repayment Benefit for Associates
SAN JOSE, Calif., May 24, 2017 (SEND2PRESS NEWSWIRE) — Hoge Fenton, a leading Northern California law firm, announced today that they have signed on with Boston-based Gradifi, the industry’s first provider of the Employer SLP Plan(TM) (Student Loan Paydown Plan) to introduce a new benefit for its associate attorneys: financial assistance with student loans.
NEWS: Ann Fulmer Joins FormFree as Chief Strategy and Industry Relations Officer
ATLANTA, Ga., May 23, 2017 (SEND2PRESS NEWSWIRE) — FormFree(R) today announced that it has hired mortgage loan quality subject matter expert and analyst Ann Fulmer as its chief strategy and industry relations officer. FormFree’s flagship product, AccountChek(R), is an asset verification app that streamlines the loan underwriting process for both borrowers and lenders, resulting in […]
NEWS: EPIC Insurance adds Broker/Producer Nick Pedisich
SAN FRANCISCO and CONCORD, Calif., May 22, 2017 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, announced today that Nick Pedisich has joined the firm as a Transportation Industry-focused insurance broker/producer.
NEWS: Jordan & Jordan Announces Separation from John Powter Insurance Agency
ADDISON, Texas, May 19, 2017 (SEND2PRESS NEWSWIRE) — Linda Jordan ended her business partnership with Powter Insurance, and launched Product Liability Specialty, LLC doing business as Jordan and Jordan Insurance Group. This structural change will have little to no impact on daily business operations with the agency. Any correspondence and checks will continue to bear […]
NEWS: IDS Receives Certification from Fannie Mae, Freddie Mac for Its UCD XML File
SALT LAKE CITY, Utah, May 19, 2017 (SEND2PRESS NEWSWIRE) — Mortgage document preparation vendor International Document Services, Inc. (IDS), announced its Uniform Closing Dataset (UCD) XML file has been certified to meet all UCD requirements by both Fannie Mae and Freddie Mac ahead of the GSE’s September 25 deadline for UCD delivery. To have its […]
NEWS: Pacific Sunbelt Mortgage Reports Stellar Customer Satisfaction Results
RIVERSIDE, Calif., May 17, 2017 (SEND2PRESS NEWSWIRE) — Pacific Sunbelt Mortgage, a division of Finance of America Mortgage, announced today the findings from its Q4 2016 customer satisfaction surveys. Pacific Sunbelt Mortgage is a long-time lender within the home building and REALTOR industry. The latest survey results included 138 responses with an overall average score […]
NEWS: DocMagic’s Total eClose Solution Facilitates First State Sponsored eClosing in North Carolina
TORRANCE, Calif., May 16, 2017 (SEND2PRESS NEWSWIRE) — DocMagic, Inc., the mortgage industry’s leading provider of document production, automated compliance and comprehensive eMortgage services, announced that it completed North Carolina’s first 100 percent paperless eClosing. The DocMagic-driven eClosing was completed on Friday, May 5th at North State Bank and was carried out in the presence […]
NEWS: AccountChek by FormFree Automates Asset Verification for Users of Black Knight Financial Services’ LoanSphere Empower Loan Origination System
ATLANTA, Ga., May 16, 2017 (SEND2PRESS NEWSWIRE) — FormFree(R) today announced the direct integration of its AccountChek(R) automated asset verification service with the LoanSphere(R) Empower(R) loan origination system (LOS) offered by Black Knight Financial Services, a leading provider of integrated technology, data and analytics to the mortgage and real estate industries.
NEWS: EPIC Insurance adds Reba Mathew, Pharm.D., R.Ph to Employee Benefits Consulting Pharmacy Practice
SAN FRANCISCO, Calif. and HOUSTON, Texas, May 16, 2017 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers & Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, announced today that Reba Mathew Pharm.D., R.Ph has joined the firm’s Employee Benefits Consulting Practice as Pharmacy Practice Director.
NEWS: William Reyes Joins Wholesale Trading Insurance Services in San Francisco
SAN FRANCISCO, Calif., May 15, 2017 (SEND2PRESS NEWSWIRE) — Wholesale Trading Insurance Services, LLC (WTIS) announced today that industry veteran William Reyes has joined the firm as Director/Casualty Broker in Laguna Niguel, Calif.; he will work in conjunction with the firm’s principal office in San Francisco.
NEWS: The Mortgage Collaborative Welcomes LaNette Holley as Director of Strategic Initiatives
SAN DIEGO, Calif., May 9, 2017 (SEND2PRESS NEWSWIRE) — The Mortgage Collaborative (TMC), the nation’s only independent mortgage cooperative, announced the hiring of LaNette Holley as their Director of Strategic Initiatives. Holley comes to The Mortgage Collaborative with over 25 years of experience in the area of mortgage lending.
NEWS: DocMagic and BeSmartee Integrate, Creating a Fast, Fully Digital Application Process for Borrowers
TORRANCE, Calif., May 9, 2017 (SEND2PRESS NEWSWIRE) — DocMagic, Inc., the mortgage industry’s leading provider of document production, automated compliance and comprehensive eMortgage services, announced that it completed an integration with BeSmartee, a leader in mortgage automation technology.
NEWS: Arbor Day Foundation Partners with Simplifile to Plant Trees for Earth Month
PROVO, Utah, May 8, 2017 (SEND2PRESS NEWSWIRE) — Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, has partnered with the Arbor Day Foundation to plant more than 2,300 trees in Goethe State Forest (Florida) in honor of Arbor Day 2017 and April’s worldwide Earth Month […]
NEWS: EPIC’s Carl Pilger to Present at ‘The First 100 Days: What the New Administration Means For Benefits, Taxes and Employment Compliance’
SAN FRANCISCO, Calif. and ATLANTA, Ga., May 3, 2017 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, announced today that Director of Employee Benefits Compliance Carl Pilger will present at “The First 100 Days: What the New Administration Means For Benefits, Taxes and Employment Compliance” […]
NEWS: Mid America Mortgage Purchases $2.7 Billion in Mortgage Servicing Rights
ADDISON, Texas, April 27, 2017 (SEND2PRESS NEWSWIRE) — Mid America Mortgage, Inc. (Mid America) announced today it has acquired the mortgage servicing rights (MSRs) for $2.7 billion in government loans. The portfolio includes a number of delinquent VA- and FHA-insured loans.
NEWS: Jim Paul Joins Bank of Southern California N.A.
SAN DIEGO, Calif., April 27, 2017 (SEND2PRESS NEWSWIRE) — Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL) announced that Jim Paul has joined the Bank as Vice President, Business Banking at the Del Mar Corporate office. He will primarily focus on building new client relationships for the bank.
NEWS: Recently Formed Ventana Home Mortgage, LLC Partners with OpenClose to Help Launch its New Mortgage Conduit Business
WEST PALM BEACH, Fla., April 27, 2017 (SEND2PRESS NEWSWIRE) — OpenClose, an enterprise-class, multi-channel loan origination system (LOS) and mortgage software solutions provider, announced that Ventana Home Mortgage, LLC a residential mortgage conduit aggregator with a focus on the non-QM market, has signed with the company to utilize its OC Correspondent(TM) module. The web-based, turnkey […]
NEWS: Simplifile Hires Toni Carroll as National Settlement Account Manager
PROVO, Utah, April 26, 2017 (SEND2PRESS NEWSWIRE) — Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, announced it has hired title and settlement industry veteran Toni Carroll as national settlement account manager. In this position, Carroll will maintain and improve Simplifile’s settlement software vendor relationships […]
NEWS: Mortgage Capital Trading Adds Cara Krause to its Growing Sales Team
SAN DIEGO, Calif., April 26, 2017 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing technology firm, announced that Cara Krause has joined the company as regional sales director. Ms. Krause will handle business development efforts and client management for new lender clients in the Northeast region of […]
NEWS: ARMCO’s Web-based ACES Audit Technology Brings New Efficiencies to The Barrent Group’s Mortgage Quality Assurance Offering
POMPANO BEACH, Fla., April 25, 2017 (SEND2PRESS NEWSWIRE) — ACES Risk Management (ARMCO), the leading provider of financial quality control and compliance software, announced that its ACES (Automated Compliance and Evaluation System) Audit Technology has streamlined quality control (QC) loan reviews for The Barrent Group, a rapidly growing provider of outsourced loan quality assurance reviews […]
NEWS: The Mortgage Collaborative Partners with Blend to Enhance the Mortgage Experience with Digital, Automated Platform
SAN DIEGO, Calif., April 25, 2017 (SEND2PRESS NEWSWIRE) — The Mortgage Collaborative, the nation’s only independent mortgage cooperative, today announced a partnership with Blend, a Silicon Valley technology company bringing mortgages into the modern age, to deliver a digital mortgage experience that is fast, simple and secure to its network of small, mid-sized, and community-based […]
NEWS: Texas Capital Bank Implements DocMagic’s Total eClose Solution for eWarehouse Lending
TORRANCE, Calif., April 21, 2017 (SEND2PRESS NEWSWIRE) — DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that Texas Capital Bank has implemented its Total eClose(TM) solution. This implementation enables the bank to function as an eWarehouse lender. They can now accept and fund eNotes from its […]
NEWS: The Mortgage Collaborative President and Vice Chairman David G. Kittle Issues Statement Supporting Mortgage Bankers Association GSE Reform Proposal
SAN DIEGO, Calif., April 20, 2017 (SEND2PRESS NEWSWIRE) — On behalf of its network of lenders, David G. Kittle, CMB, president and vice chairman, The Mortgage Collaborative, has issued the following statement on the Mortgage Bankers Association’s (MBA) release of its GSE Reform proposal, “GSE Reform: Creating a Sustainable, More Vibrant Secondary Mortgage Market”:
NEWS: ReverseVision Expands RV University (RVU) with 3-Day Live Training Course that Accelerates Reverse Mortgage Loan Originator Success
SAN DIEGO, Calif., April 20, 2017 (SEND2PRESS NEWSWIRE) — ReverseVision, the leading provider of software and technology for the reverse mortgage industry, today announced the expansion of its RV University (RVU) education and training program with the addition of a three-day Accelerated Loan Originator Training course available live each month at ReverseVision’s San Diego training […]
NEWS: PRMI Improves Mortgage QC Audit Efficiency Using Insight RDM from TRK Connection
SALT LAKE CITY, Utah, April 18, 2017 (SEND2PRESS NEWSWIRE) — TRK Connection, a leading provider of mortgage quality control and origination management solutions, announced that Salt Lake City-based Primary Residential Mortgage, Inc. (PRMI) has experienced significant improvement in the efficiency of its mortgage quality control (QC) auditing process. PRMI was the first mortgage lender to […]
NEWS: Greyling’s Gregg Bundschuh and Kent Collier to present at April 2017 Risk Management Conferences
WASHINGTON, D.C., April 18, 2017 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers & Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, announced today that managing principal Gregg Bundschuh and client executive and professional services risk consultant Kent Collier of Greyling Insurance Brokerage – a Division of EPIC, are among the featured risk management […]
NEWS: Be Alert for a Job Offer You Can’t Refuse: ‘Unpaid Caregiver,’ Warns Long-Term Care Leader ACSIA Partners
KIRKLAND, Wash., April 18, 2017 (SEND2PRESS NEWSWIRE) — “America faces a senior health crisis that is also an employment crisis,” says Denise Gott, CEO of ACSIA Partners, one of the nation’s largest long-term care insurance agencies. In most U.S. households an out-of-the-blue “job offer” will suddenly appear.
NEWS: PCLender and Mortgage Capital Trading Integrate Solutions and Services
SAN DIEGO, Calif., April 17, 2017 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing technology firm, announced that it has completed an integration between its secondary marketing solution and PCLender’s loan origination system (LOS). The integration seamlessly transmits critical hedge pipeline data, saving time and enhancing information […]
NEWS: The Capacity Group – an EPIC Company adds Jeanne Braun as President of Health Care Strategy Group
SAN FRANCISCO, Calif., MAHWAH, N.J., LAKE SUCCESS, N.Y., April 17, 2017 (SEND2PRESS NEWSWIRE) — Capacity Group of NY LLC (CGNY), a division of The Capacity Group – an EPIC Company and a retail property & casualty insurance brokerage and employee benefit consultant, announced today that Jeanne Braun has joined the firm as president of CGNY’s […]
NEWS: Twelve 11 Media Names Kristin Messerli Managing Editor of Mortgage Women Magazine
LAS VEGAS, Nev., April 12, 2017 (SEND2PRESS NEWSWIRE) — Twelve 11 Media, the Publisher of “Mortgage Women Magazine” and “Mortgage Compliance Magazine,” announced today that Kristin Messerli has been named Managing Editor of Mortgage Women Magazine. Kristin officially started on April 1, 2017 and the May-June 2017 issue of “Mortgage Women Magazine” will be the […]
NEWS: EPIC’s Dan Houston to Present Best Practices on Data Breach Response at Georgia PRIMA’s Risk Management Conference
SAN FRANCISCO, Calif. and ATLANTA, Ga., April 12, 2017 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, announced today that Senior Vice President of Enterprise Risk Management and Principal Dr. Dan Houston will present at Georgia Public Risk Management Association’s (PRIMA) Annual Education Series on […]
NEWS: HousingWire Designates Quandis a 2017 HW TECH100 Mortgage Technology Vendor
RANCHO SANTA MARGARITA, Calif., April 11, 2017 (SEND2PRESS NEWSWIRE) — Quandis, Inc., a leading default management mortgage technology provider, announced that it has been named a top 100 mortgage technology provider by HousingWire for 2017. The annual HW TECH100(TM) list honors the most innovative and progressive technology firms in the U.S. housing economy.
NEWS: Traffk Signs Contract with David Brown of CHEQS, LLC
LOS ANGELES, Calif., April 10, 2017 (SEND2PRESS NEWSWIRE) — Traffk(TM) LLC is pleased to announce the addition of Mr. David Brown to the expanding Traffk team. Brown will fill the role of Market President, serving Traffk’s payer and health solutions market. Traffk modernizes the insurance underwriting process with more accurate data insights and risk profiling, […]
NEWS: HLP to Offer Automated Asset Verification through Partnership with AccountCheck by FormFree
BALTIMORE, Md., April 6, 2017 (SEND2PRESS NEWSWIRE) — HLP today announced it will integrate FormFree’s AccountChek(TM) automated asset verification service into its communication platform, making it easier for consumers and HUD-certified, nonprofit housing counselors to apply for loan modifications and other options to avoid foreclosure.
NEWS: DocMagic Achieves 42 Percent Growth in 2016
TORRANCE, Calif., April 5, 2017 (SEND2PRESS NEWSWIRE) — DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, reported a 42 percent increase in revenue for 2016. The company credits its growth to the mortgage industry’s demand for products that enable TRID compliance, eSignatures and eClosings. This is the […]
NEWS: Atlantic Coast Mortgage Chooses ReverseVision’s RVX Loan Origination Software for New HECM Division
SAN DIEGO, Calif., April 4, 2017 (SEND2PRESS NEWSWIRE) — ReverseVision, the leading provider of software and technology for the reverse mortgage industry, today announced that Atlantic Coast Mortgage (ACM) has selected RV Exchange (RVX) loan origination software (LOS) to support its new home-equity conversion mortgage (HECM) division.
NEWS: EPIC’s Mark Millard and Michael Turk to present at 2017 Risk and Insurance Management Society (RIMS) Annual Conference
SAN FRANCISCO, Calif. and STAMFORD, Conn., April 4, 2017 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers & Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, announced today that Principals Mark Millard and Michael Turk are among the featured risk management and insurance professionals who will be presenting at the RIMS Annual Conference & […]
NEWS: Melyn Acasio Joins Bank of Southern California, N.A.
SAN DIEGO, Calif., April 4, 2017 (SEND2PRESS NEWSWIRE) — Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL) announced that Melyn Acasio has joined the Bank as Vice President, Client Relationship Manager at the Del Mar Corporate office. She will primarily focus on building new client relationships for the bank.