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Archive | Finance

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

Cloudvirga and Docutech

NEWS: Docutech and Cloudvirga Partner to Help Loan Officers Work More Efficiently

IRVINE, Calif., Dec. 7, 2017 (SEND2PRESS NEWSWIRE) — Cloudvirga(TM), developer of intelligent mortgage point-of-sale (POS) platforms, today announced a partnership with Docutech that will enable Cloudvirga’s lender customers to work more efficiently, reduce the cost of document compliance and make the home loan experience more convenient for borrowers.

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trk connection

NEWS: Waterstone Mortgage to Manage QC Audits Using TRK’s Insight RDM

SALT LAKE CITY, Utah, Dec. 7, 2017 (SEND2PRESS NEWSWIRE) — TRK Connection (TRK), a leading provider of mortgage quality control and origination management solutions, announced today that Wisconsin-based Waterstone Mortgage Corporation has chosen the Insight Risk & Defect Management (RDM) platform to conduct its internal quality control (QC) audits.

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Maxwell - Mortgages Made Easy

NEWS: Maxwell Closes New $3M Funding Round to Accelerate Pace of Mortgage Innovation

DENVER, Colo., Dec. 6, 2017 (SEND2PRESS NEWSWIRE) — Maxwell Financial Labs, Inc., a leading provider of B2B digital mortgage cloud software, announced today a new funding round of $3 million, led by the investment arm of Anthemis Group, a company committed to cultivating change in financial services, with participation from Route66 Ventures and Assurant Inc., […]

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FormFree and Envestnet Yodlee

NEWS: FormFree Provides Industry’s Most Complete Analysis of Borrower Ability to Pay with Data from Envestnet | Yodlee Risk Insight Solutions

ATHENS, Ga., Dec. 6, 2017 (SEND2PRESS NEWSWIRE) — FormFree(R) today announced its expanded partnership with Envestnet(R) | Yodlee(R) (NYSE:ENV), a leading data aggregation and data analytics platform powering dynamic, cloud-based innovation for digital financial services. By leveraging Envestnet | Yodlee Risk Insight Solutions, FormFree will have access to new data points that help to reinforce […]

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DocMagic

NEWS: DocMagic Opens High-Tech Print Fulfillment Supercenter to Support Growth

TORRANCE, Calif., Dec. 5, 2017 (SEND2PRESS NEWSWIRE) — DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that it has opened a 12,000 square foot print fulfillment center minutes from its Torrance, California headquarters. DocMagic added the high tech “supercenter” to support lenders’ growing need for secure, […]

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Matic Founder Benjamin Madick

NEWS: HousingWire Honors Matic Founder Benjamin Madick with Vanguard Award for Outstanding Industry Contributions

SHERMAN OAKS, Calif., Dec. 1, 2017 (SEND2PRESS NEWSWIRE) — Matic, a digital insurance agency whose technology enables borrowers to purchase homeowner’s insurance during the mortgage transaction, announced today that company co-founder and COO Ben Madick is a 2017 HousingWire Vanguard Award winner. Madick was recognized for guiding the company’s phenomenal growth over the last 12 […]

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Kyle Kamrooz of Cloudvirga

NEWS: Cloudvirga’s Kyle Kamrooz Honored with HousingWire Vanguard Award for Mortgage Industry Leadership

IRVINE, Calif., Dec. 1, 2017 (SEND2PRESS NEWSWIRE) — Cloudvirga(TM), the developer of intelligent mortgage point-of-sale (POS) platforms, today announced that its founder and COO Kyle Kamrooz is a winner of HousingWire’s third annual Vanguard Awards. Kamrooz was recognized for company leadership as well as his substantial contributions to the mortgage industry at large.

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Sam Elliot of EPIC

NEWS: Sam Elliott Joins EPIC as Executive VP of Business Development and National Sales and Marketing Leader

AUSTIN, Texas, Nov. 30, 2017 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers and Consultants, the retail property and casualty insurance brokerage and employee benefits consulting subsidiary of EPIC Holdings, announced today that insurance brokerage industry veteran Sam Elliott has joined the firm to lead EPIC’s new business development efforts nationally.

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Jonathan Kearns of DocMagic

NEWS: DocMagic’s Jonathan Kearns Appointed to MISMO Residential Standards Governance Committee

TORRANCE, Calif., Nov. 28, 2017 (SEND2PRESS NEWSWIRE) — DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that Jonathan Kearns has been appointed to the Mortgage Industry Standards Maintenance Organization (MISMO) Residential Standards Governance Committee.

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Faith Schwartz

NEWS: FormFree Appoints Housing Finance Authority Faith Schwartz to Board of Directors

ATHENS, Ga., Nov. 28, 2017 (SEND2PRESS NEWSWIRE) — FormFree(R) today announced that housing finance expert Faith Schwartz has been elected to its board of directors. Among the most influential leaders in the mortgage industry, Schwartz has played a firsthand role in shaping current housing finance best practices and public policy.

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The Mortgage Collaborative and LoanVision

NEWS: The Mortgage Collaborative Adds Loan Vision to Preferred Partner Network

SAN DIEGO, Calif., Nov. 28, 2017 (SEND2PRESS NEWSWIRE) — The Mortgage Collaborative, the nation’s only independent mortgage cooperative, today announced the addition of Loan Vision, a mortgage industry-specific financial management and accounting software provider, to its preferred partner network, giving its Lender Members access to the industry’s premier accounting software.

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TRK Connection

NEWS: TRK Connection Hires David Pack as Product Manager

SALT LAKE CITY, Utah, Nov. 28, 2017 (SEND2PRESS NEWSWIRE) — TRK Connection (TRK), a leading provider of mortgage quality control and origination management solutions, announced today that it has hired David Pack as product manager. In this role, Pack will be responsible for the delivery and support of TRK’s market-leading solutions, including the Insight Risk […]

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EPIC Insurance Brokers

NEWS: EPIC Named to Best Places to Work in Insurance Nationally for Eighth Consecutive Year

SAN FRANCISCO, Calif., Nov. 27, 2017 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, announced today that it has again been recognized by its team members nationally as one of the Best Places to Work in Insurance in a survey conducted annually by Business Insurance […]

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Bank of Southern California N.A.

NEWS: Bank of Southern California NA Announces Third Quarter 2017 Results

SAN DIEGO, Calif., Nov. 17, 2017 (SEND2PRESS NEWSWIRE) — Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL) announced quarterly earnings of $1,088,043 for the third quarter of 2017, compared to $1,032,230 for the second quarter of 2017 and $642,186 for the third quarter of 2016. For the first nine months of 2017, net […]

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ReverseVision

NEWS: ‘The Property Man’ Bob Massi to Speak on HECM for Purchase Loan Program During Special Session at ReverseVision UserCon 2018

SAN DIEGO, Calif., Nov. 14, 2017 (SEND2PRESS NEWSWIRE) — ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced that legal analyst and cable news mainstay Bob “The Property Man” Massi will address attendees of RV UserCon 2018 in a session focused on the HECM for Purchase […]

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NIF Group, Inc. - a JenCap Holdings Co.

NEWS: NIF Group, Inc. Acquires Agency Intermediaries, Inc.

MANHASSET, N.Y., Nov. 14, 2017 (SEND2PRESS NEWSWIRE) — NIF Group, Inc., a leading wholesale broker, program administrator and managing general agency and their parent company, JenCap Holdings LLC announces that they have agreed to acquire privately held Agency Intermediaries, Inc. and A.I.I. Insurance Brokerage of Mass., Inc. (A.I.I.). Both affiliated entities serve as MGA/contract binding […]

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ReverseVision

NEWS: ReverseVision Announces STRATMOR Group’s Jim Cameron as UserCon 2018 Day One Special Session Guest Speaker

SAN DIEGO, Calif., Nov. 13, 2017 (SEND2PRESS NEWSWIRE) — ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced that STRATMOR Group Senior Partner Jim Cameron will be the Day 1 Special Session guest speaker for its third annual user conference. The ReverseVision UserCon 2018 will be […]

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Mid America Mortgage, Inc.

NEWS: Mid America Mortgage to Purchase Assets from Two Oklahoma Lenders

ADDISON, Texas, Nov. 13, 2017 (SEND2PRESS NEWSWIRE) — Mid America Mortgage, Inc. (Mid America) announced it has signed a letter of intent to purchase the assets of Oklahoma City-based American Southwest Mortgage Corp. and an affiliated firm, American Southwest Mortgage Funding Corp. As part of the agreement, Mid America will incorporate American Southwest’s operations into […]

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MCT Trading and CMLA

NEWS: Mortgage Capital Trading Announces Complimentary Webinar Addressing Changes to FINRA’s Market to Market Rule

SAN DIEGO, Calif., Nov. 9, 2017 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that it will be holding a complimentary educational webinar discussing many important changes to the Financial Industry Regulatory Authority (FINRA) Mark to Market Rule. The webinar, hosted by the Community […]

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Mortgage Collaborative and First Bank

NEWS: The Mortgage Collaborative Announces Addition of FirstBank Mortgage as the First Reverse Lender to Their Preferred Partner Network

SAN DIEGO, Calif., Nov. 9, 2017 (SEND2PRESS NEWSWIRE) — The Mortgage Collaborative, the nation’s only independent mortgage cooperative, announced a new partnership with reverse mortgage lender FirstBank Mortgage. The new relationship with FirstBank Mortgage’s Senior Lending Division, adds the first lender specializing in reverse mortgage lending to The Mortgage Collaborative’s preferred partner network.

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Phil McCall of ARMCO

NEWS: Guaranteed Rate Selects ARMCO’s ACES Audit Technology™

POMPANO BEACH, Fla., Nov. 8, 2017 (SEND2PRESS NEWSWIRE) — ACES Risk Management (ARMCO), the leading provider of financial quality control and compliance software, has announced that Guaranteed Rate, one of the largest retail mortgage lenders in the nation, has selected the company’s award-winning quality control and compliance software, ACES Audit Technology, for its quality control […]

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Matic Insurance Services

NEWS: Matic Insurance Services Raises $7 Million in Series A Round Backed by Top Lender, Insurance Carriers and VC Firms

SHERMAN OAKS, Calif., Nov. 7, 2017 (SEND2PRESS NEWSWIRE) — Matic Insurance Services (Matic), a digital insurance agency whose technology enables borrowers to purchase homeowner’s insurance during the mortgage transaction, announced today it has raised $7 million in a Series A funding round. Investors participating in the round include Mr. Cooper, one of the nation’s top […]

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MCT Trading

NEWS: Mortgage Capital Trading Integrates its MCTlive! Secondary Marketing Software with Fannie Mae’s Pricing & Execution – Whole Loan Application

SAN DIEGO, Calif., Nov. 7, 2017 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced the release of new online functionality that automates the process of product selection and delivery of loan commitments directly to Fannie Mae for MCT’s lender clients. The new solution, which […]

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FormFree and SimpleNexus

NEWS: SimpleNexus Adds AccountChek Asset, Employment and Income Verification from FormFree to Its Mobile Mortgage App

ATHENS, Ga., Nov. 6, 2017 (SEND2PRESS NEWSWIRE) — FormFree(R) today announced it has entered a partnership with SimpleNexus, a leader in bringing the home mortgage process to mobile devices. The integration of the two companies’ technologies will make FormFree’s AccountChek(R) automated verification service for asset, employment and income a seamless part of the loan application […]

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ReverseVision and PRC

NEWS: ReverseVision Partners with Premier Reverse Closings (PRC) to Streamline Title Ordering for Home-Equity Conversion Mortgages

SAN DIEGO, Calif., Nov. 6, 2017 (SEND2PRESS NEWSWIRE) — ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, has forged a partnership with Premier Reverse Closings (PRC), a title and settlement firm specializing in reverse mortgage closings. A new integration between the companies’ software allows users of ReverseVision’s […]

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Mike Klaschka of EPIC

NEWS: Mike Klaschka of EPIC to Present on Financial Risk at DC Alternative Investment Consortium Event

WASHINGTON, D.C. and SAN FRANCISCO, Calif., Nov. 6, 2017 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, announced today that Managing Principal Mike Klaschka will present at the DC Alternative Investment Consortium (DC-AIC) on Tues., Nov. 7 at 4:30 p.m. at The Army and Navy […]

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Jeff Bode of Mid America Mortgage

NEWS: Mid America Mortgage Launches Digital Mortgage Platform, Partners with NASCAR, Richard Petty Motorsports

DAYTONA BEACH, Fla., Nov. 3, 2017 (SEND2PRESS NEWSWIRE) — Click n’ Close(TM), a division of Mid America Mortgage, Inc., has entered into official partnership agreements with the sanctioning body, NASCAR, and one of the most iconic race teams in the sport, Richard Petty Motorsports. The collaborations designate Click n’ Close as the “Official Mortgage Provider […]

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Michael Nischan of EPIC

NEWS: Michael Nischan of EPIC to Present on Hidden Risks for Motor Carriers at GMTA Leadership Conference

ATLANTA, Ga. and SAN FRANCISCO, Calif., Nov. 2, 2017 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, announced today that Transportation & Logistics Risk Control Vice President Michael Nischan will present at Georgia Motor Trucking Association’s Leadership Conference on Wed., Nov. 8 at 4 p.m. […]

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expd8 thread

NEWS: Thread.Legal – the Missing piece of Microsoft Office 365 for Lawyers

DUBLIN, Ireland and CHARLOTTE, N.C., Nov. 1, 2017 (SEND2PRESS NEWSWIRE) — If you are a law firm using Microsoft Office 365 and need something extra to complete your document and case management, then Thread is for you. Built in Microsoft Office 365, it gives you a practice management solution with software you already know. Thread […]

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Residual Growth Expert

NEWS: Residual Growth Expert Names November as Say No to Attrition Month

WESTLAKE VILLAGE, Calif., Oct. 31, 2017 (SEND2PRESS NEWSWIRE) — Residual Growth Expert, a leading ISO business advisory firm, today announced that they are naming November as Say No to Attrition month. Attrition is a major problem for many banks, ISOs and credit card processing companies because rates traditionally go up during the holiday season. By […]

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Trey Horton of Supreme Lending

NEWS: Supreme Lending’s Trey Horton Supports Alabama Communities Through Mortgage Loans and Charitable Contributions

BIRMINGHAM, Ala., Oct. 31, 2017 (SEND2PRESS NEWSWIRE) — Trey Horton (NMLS # 208824), a loan officer with Supreme Lending’s Birmingham, Alabama branch, is using his knowledge and experience with purchase mortgage loan products including renovation home loans, to help rebuild communities in Alabama. Horton, who is a board member with Grace Klein Community, a nonprofit […]

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UNALP CPA Group

NEWS: Unalp CPA Group White Paper Comparing Xero, QuickBooks, and Sage Intacct Assists Buyers with Accounting Software Purchase

WALNUT CREEK, Calif., Oct. 31, 2017 (SEND2PRESS NEWSWIRE) — Unalp CPA Group, Inc. announced today the availability of a white paper comparing popular accounting software solutions Xero, QuickBooks, and Sage Intacct. The 21-page document “Comparing Xero, QuickBooks, and Sage Intacct” is free of charge.

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EPIC and Worldwide Broker Network

NEWS: EPIC Attends Worldwide Broker Network Global Conference in Paris and Hosts WBN 2018 Spring Conference

HOUSTON, Texas and PARIS, France, Oct. 26, 2017 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, announced today that it is attending the 57th Worldwide Broker Network (WBN) Global Conference on Oct. 25-28, 2017 in Paris, France.

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Mortgage Coach

NEWS: Mortgage Coach Platform to Integrate with Tavant’s AI-Powered Digital Lending Platform for an End-To-End Seamless Experience

IRVINE, Calif., Oct. 25, 2017 (SEND2PRESS NEWSWIRE) — Mortgage Coach, a software as service technology provider of the industry leading Total Cost Analysis, today announced an integration between the Mortgage Coach platform and Tavant FinXperience – Retail platform. This integration creates a seamless connection between the two technologies, enabling the direct, automatic transfer of data […]

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EPIC and Frenkel and Company

NEWS: After 139 Years of Operations as Frenkel and Company, Venerable NY Insurance Broker Elects to Join EPIC

NEW YORK, N.Y. and SAN FRANCISCO, Calif., Oct. 25, 2017 (SEND2PRESS NEWSWIRE) — Frenkel & Company, one of the nation’s most respected full-service independent insurance brokers and EPIC Insurance Brokers & Consultants, a unique and innovative national retail insurance brokerage and employee benefits consulting firm, announced today that they have joined forces.

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David McNeil of EPIC

NEWS: EPIC’s David McNeil to Present on Emerging Cyber Threats at American Association of Water Distribution and Management Thought Leadership Lab

SAN FRANCISCO, Calif., Oct. 25, 2017 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, announced today that Principal David McNeil will present at the American Association of Water Distribution and Management (AAWD&M) Ronald W. Seymour Memorial Thought Leadership Lab which will be hosted and live […]

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Angela and Alejandro of CRCD

NEWS: Coalition for Responsible Community Development Expands Executive Leadership Team

LOS ANGELES, Calif., Oct. 25, 2017 (SEND2PRESS NEWSWIRE) — The Coalition for Responsible Community Development (CRCD), a South LA based non-profit serving the community through youth, workforce and economic development initiatives, is proud to announce the addition of two members to their executive leadership team, Chief Operating Officer Angela LoBue and Chief Real Estate and […]

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