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Archive | Finance

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

News image: economic development

NEWS: Committee Recommendation Would Place Terre Haute Department of Redevelopment under Management of the Terre Haute Economic Development Corporation

TERRE HAUTE, Ind., April 11, 2016 (SEND2PRESS NEWSWIRE) — A search committee tasked with finding a replacement for the retired director of the Terre Haute Department of Redevelopment will recommend that the Terre Haute Economic Development Corporation (THEDC) assume management of the department. The recommendation will be made at the April 20 meeting of the […]

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NEWS: ReverseVision’s Jeff Birdsell Recognized as MBA Tech All-Star for Long-Term Contributions to Mortgage Industry

SAN DIEGO, Calif., April 5, 2016 (SEND2PRESS NEWSWIRE) — Jeff Birdsell, CMB and vice president of professional services for ReverseVision, Inc., today was honored with Mortgage Banking magazine’s Tech All-Star award. Mortgage Bankers Association (MBA) Chief Economist Mike Fratantoni and Mortgage Banking Editor-in-Chief Janet Hewitt presented Birdsell with the award during the MBA’s National Technology […]

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News image: e-recording network

NEWS: Simplifile Accepts 2016 Innovations Award from PROGRESS in Lending Association

PROVO, Utah, April 4, 2016 (SEND2PRESS NEWSWIRE) — Simplifile, a provider of collaborative technology for lenders, settlement agents and counties, announced it was one of seven recipients of the 2016 Innovations Award from mortgage technology advocacy group PROGRESS in Lending. The company was honored for its Collaboration and Post Closing solutions during a ceremony in […]

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NEWS: RedFin POS Launches SharkSwipe Mobile Transaction App for iOS and Android

DEERFIELD BEACH, Fla., March 29, 2016 (SEND2PRESS NEWSWIRE) — RedFin POS, a leading provider of secure payment applications and payment gateway solutions, has launched SharkSwipe: a mobile app that allows for mobile transactions utilizing the super-compact, Bluetooth MSR/Chip & PIN SharkSwipe device. The free app is available today by visiting the Apple iTunes App Store, […]

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NEWS: CMG Financial Automates its Entire Appraisal Process Using Global DMS’ eTrac Platform

LANSDALE, Pa., March 29, 2016 (SEND2PRESS NEWSWIRE) — Global DMS, a leading provider of web-based compliant valuation management software, announced that CMG Financial (CMG), one of the nation’s leading lenders, has streamlined the management of its appraisal process from start to finish using Global DMS’ eTrac platform.

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NEWS: International Document Services, Inc. (IDS) Named to HousingWire 2016 HW TECH100

SALT LAKE CITY, Utah, March 24, 2016 (SEND2PRESS NEWSWIRE) — Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it was included in HousingWire magazine’s 2016 HW TECH100(TM) list. The company was recognized for its forthcoming eClosing integration with collaborative real estate technology provider and fellow TECH100 winner Pavaso, as well as its recent […]

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NEWS: Platinum Data Executive Craig Zielazny Named to Board of Advisors for Wittenberg University’s New Master of Science in Analytics Program

ALISO VIEJO, Calif., March 22, 2016 (SEND2PRESS NEWSWIRE) — Platinum Data Solutions, a provider of valuation data and analytics solutions, has announced that Craig Zielazny, the company’s senior vice president of valuation analytics, has been named to the Board of Advisors for Springfield, Ohio-based Wittenberg University’s new Master of Science in Analytics program. The Board […]

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News image: Jeff Bode

NEWS: Mid America Mortgage Remains Largely Unchallenged in Bid for Defective TRID Mortgage Loans

ADDISON, Texas, March 16, 2016 (SEND2PRESS NEWSWIRE) — Mid America Mortgage, Inc. (Mid America) remains one of few bidders on so-called TRID ‘defect’ loans, said Owner and Chief Executive Officer Jeff Bode. According to Bode, Mid America wins roughly 80 percent of its bids on the loans, which have been rejected for purchase by other […]

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NEWS: Alternative-Risk Financing Roundtable: ‘Creative Uses for Captives’ Moderated by EPIC’s Daniel Houston

SAN FRANCISCO, Calif. and ATLANTA, Ga., March 16, 2016 (SEND2PRESS NEWSWIRE) — In the world of risk management, captive insurers are taking on a major role for companies of all sizes. As the number and types of captive insurers are expanding, so too have the types of risks that captive owners are funding through these […]

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News image: Loan Origination

NEWS: Alpha Mortgage Launches Reverse Mortgage Channel, Selects ReverseVision Exchange (RVX) Loan Origination Software

SAN DIEGO, Calif., March 14, 2016 (SEND2PRESS NEWSWIRE) — ReverseVision is pleased to announce that Wilmington, N.C.-based Alpha Mortgage, a full-service mortgage lender serving the Carolinas and Virginia, has selected RV Exchange (RVX) as its reverse mortgage loan origination software (LOS) solution. Alpha Mortgage opened its reverse mortgage lending channel in early 2016 under the […]

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News image: TRID compliance

NEWS: ARMCO ACES 5.0 Targets TRID Pain Points

POMPANO BEACH, Fla., March 7, 2016 (SEND2PRESS NEWSWIRE) — Leading web-based financial services quality control (QC) software provider ACES Risk Management (ARMCO) announced the release of a major upgrade to its flagship QC software system ACES Web Audit Technology(TM) (ACES) to improve overall functionality, while supporting lenders and originators still struggling with TRID compliance.

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NEWS: Simplifile Included in HousingWire 2016 HW TECH100

PROVO, Utah, March 3, 2016 (SEND2PRESS NEWSWIRE) — Simplifile, a provider of collaborative technology for lenders, settlement agents and counties, announced it has been named to HousingWire magazine’s 2016 HW TECH100(TM) list. In its March issue, HousingWire noted Simplifile’s dominance of the e-recording space and the release of its Collaboration and Post Closing solutions for […]

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News image: Nancy G. Pratt

NEWS: Pavaso’s Vice President of Partner Strategies and Government Affairs Elected to Co-Chair MISMO Workgroup

PLANO, Texas, Feb. 25, 2016 (SEND2PRESS NEWSWIRE) — Nancy G. Pratt, vice president of Partner Strategies and Government Affairs at real estate technology company Pavaso, was elected to serve as co-chair of the Mortgage Industry Standards Maintenance Organization (MISMO) eMortgage Workgroup at the organization’s Winter Summit in January.

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News image: mortgage compliance

NEWS: DocMagic Unveils New Premium Rep and Warrant Offering Guaranteed TRID Compliance up to $5 Million

TORRANCE, Calif., Feb. 16, 2016 (SEND2PRESS NEWSWIRE) — DocMagic, Inc., the premier provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions, today announced the development of an extensive set of new reps and warrants for its calculations, documents and data, which provides peace of mind to lenders when it comes to compliance with […]

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NEWS: Generate Secure Payment Link and Have Monies Direct Deposited Into Your Bank

DEERFIELD BEACH, Fla., Feb. 11, 2016 (SEND2PRESS NEWSWIRE) — RedFin today announced the launch of a web-based electronic bill payment and presentment (EBPP) platform to its payment gateway. The new platform allows merchants to generate and email secure payment links to customers who can then make payments through a secure payment form and/or make donations […]

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News image: Joshua Allen

NEWS: EPIC adds Loss Control Consultant Joshua Allen, CSP, CFPS

SAN FRANCISCO, Calif., Feb. 10, 2016 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers and Consultants, a retail property and casualty insurance brokerage and employee benefits consultant, announced today that risk control professional Joshua Allen has joined the firm as West Region Risk Management Loss Control Specialist. In this role, Allen will be responsible for providing comprehensive […]

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NEWS: Laconia Capital Group L.P. Announces Late Seed-Stage B2B Venture Capital Fund

NEW YORK, N.Y., Jan. 28, 2016 (SEND2PRESS NEWSWIRE) — Laconia Capital Group L.P. announces the launch of a new Business-to-Business Venture Capital Fund. The newly capitalized fund utilizes an investment approach described as ‘Inflection Capital Investing,’ through which Laconia will invest in late seed-stage companies that have reached an inflection point in their business development […]

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News image: Mortgage services

NEWS: Titan Offers Trade Transaction Management Services to Mortgage Investors

DENVER, Colo., Jan. 19, 2016 (SEND2PRESS NEWSWIRE) — Mortgage services expert Titan Lenders Corp. (Titan) announced it is now offering Trade Transaction Management Services to investors looking to acquire mortgage assets. Through these services, Titan facilitates the administrative tasks and logistical management of acquiring a loan pool. Using its comprehensive mortgage process and compliance foundation, […]

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News image: Debora Aydelotte

NEWS: Debora Aydelotte Joins Altavera Mortgage Services as Chief Operating Officer

DENVER, Colo., Jan. 11, 2016 (SEND2PRESS NEWSWIRE) — Altavera Mortgage Services, LLC (Altavera), the nation’s premier provider of third-party residential mortgage origination services, announced the addition of Debora Aydelotte to Altavera’s executive team. Aydelotte brings more than 25 years’ experience in business line development, risk management and operational expansion and improvement to Altavera, where she […]

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News image: medical devices

NEWS: Paragon BioTeck to Attend 34th Annual J.P. Morgan Healthcare Conference

PORTLAND, Ore., Jan. 7, 2016 (SEND2PRESS NEWSWIRE) — Paragon BioTeck, Inc., a privately held pharmaceutical and medical device company, will sponsor a special reception during the J.P. Morgan 2016 Healthcare Conference, being held in San Francisco, January 11-14. The conference, which is now in its 34th year, is an invitation-only event intended to create an […]

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News image: TRID loans

NEWS: Mid America Mortgage Seeks TRID Scratch and Dent Mortgage Loans for Potential Purchase

ADDISON, Texas, Dec. 22, 2015 (SEND2PRESS NEWSWIRE) — Mid America Mortgage, Inc. (Mid America) Owner and Chief Executive Officer Jeff Bode announced the firm’s interest in purchasing Scratch and Dent loans with TILA-RESPA Integrated Disclosure (TRID) infractions, even if a previous investor has rejected the loan for purchase.

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NEWS: EPIC Golf Insurance Services Named ‘Excellence in Achievement’ Award Winner by The BoardRoom Magazine

SAN FRANCISCO, Calif., Dec. 14, 2015 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, announced today that it has been named a 2015 ‘Excellence in Achievement’ award winner by The BoardRoom magazine as the ‘Insurance Provider of the Year.’

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News image: Regent SNAP

NEWS: Texas A&M University-Commerce Leverages Multiple Regent Education Products to Serve Entire Population

COMMERCE, Texas, Dec. 8, 2015 (SEND2PRESS NEWSWIRE) — Texas A and M University-Commerce has expanded the use of Regent Education’s financial aid management solution, Regent 8, to support the administration of financial aid for its entire population. In addition, it has added Regent’s SNAP product to its solution set to automate the financial aid application […]

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NEWS: The Mortgage Collaborative and NAHREP Consulting Services Form a Strategic Alliance

SAN DIEGO, Calif., Dec. 7, 2015 (SEND2PRESS NEWSWIRE) — The Mortgage Collaborative (TMC), an independent lending cooperative serving small- to mid-sized mortgage lenders and community-based lending institutions, has formed a strategic alliance with NAHREP Consulting Services (NCS), announced TMC Vice Chairman David G. Kittle, CMB.

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News image: reverse mortgage

NEWS: ReverseVision Announces Credit Report Integration with Certified Credit Reporting

SAN DIEGO, Calif., Dec. 7, 2015 (SEND2PRESS NEWSWIRE) — ReverseVision, Inc. today announced their newest credit report partnership with Certified Credit Reporting, a nationwide provider of credit reports and mortgage information services. This integration within RV Exchange (RVX), ReverseVision’s flagship reverse loan origination system (RLOS) platform, increases RVX users’ choice of automated credit report services.

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