Finance News, including banking, mortgage lending, public companies, economic reports, earnings, and related financial news.
SAN DIEGO, Calif., Feb. 6, 2018 (SEND2PRESS NEWSWIRE) — Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL) announced quarterly earnings of $1,134,397 for the fourth quarter of 2017, compared to $1,088,043 for the third quarter of 2017 and $902,476 for the fourth quarter of 2016. For the year, net earnings were $3,964,692 in […]
ATLANTA, Ga., Feb. 6, 2018 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, announced today that Benefits Strategy Consultant Suzannah Gill has been recognized as a 2018 Rising Star in Advising by Employee Benefit Adviser. Although she was the firm’s youngest producer when she joined […]
ST. LOUIS, Mo., Feb. 1, 2018 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers and Consultants announced today that risk management and insurance professional Lorrie Osterhage has joined the firm’s Architects and Engineers Practice (Greyling – a Division of EPIC) in St. Louis, Mo. as a Vice President.
PHOENIX, Ariz., Jan. 31, 2018 (SEND2PRESS NEWSWIRE) — RestaurantOwner.com has released the report of their 2018 Independent Restaurant Outlook Survey. The report summarizes input gathered from over 880 independent restaurant owners and operators regarding their 2017 financial performance as well as their 2018 expectations.
LOS ANGELES, Calif., Jan. 30, 2018 (SEND2PRESS NEWSWIRE) — Subsequent QC, LLC (SQC) President Michael Steer today advised lenders to take steps to protect their Mortgage Servicing Rights (MSR) assets ahead of an anticipated increase in total mortgage servicing volume. According to the Mortgage Bankers Association, outstanding mortgage debt is expected to reach $10.4 trillion […]
POMPANO BEACH, Fla., Jan. 30, 2018 (SEND2PRESS NEWSWIRE) — ACES Risk Management (ARMCO), the leading provider of financial quality control and compliance software ACES Audit Technology(TM), announced the release of the ARMCO Mortgage QC Trends Report for the second quarter of 2017.
NEW YORK, N.Y., Jan. 30, 2018 (SEND2PRESS NEWSWIRE) — Neurotech Reports, the publisher of Neurotech Business Report newsletter, today announced the launch of the Bioelectronic Medicine Forum, the first investment and management conference for the bioelectronic medicine industry. The inaugural event will take place on March 22, 2018 at the Millennium Broadway Times Square in […]
AVON, Conn., Jan. 29, 2018 (SEND2PRESS NEWSWIRE) — Paragon Insurance Holdings, LLC (“Paragon”), a national multi-line specialty MGA, announced today that Edgewood Partners Insurance Center (EPIC) and Oak Hill Capital Partners have taken an equity stake in the company. The investment from EPIC and Oak Hill will further propel Paragon’s organic and M&A growth strategies […]
MACON, Ga., Jan. 26, 2018 (SEND2PRESS NEWSWIRE) — LBA Ware(TM), a leading provider of automated compensation software and systems integration solutions for mortgage lending and retail banking, announced their sales incentive platform CompenSafe calculated $1 billion in lifetime origination commissions and operational bonuses in 2017. LBA Ware also experienced notable year-over-year growth, marked by a […]
TORRANCE, Calif., Jan. 24, 2018 (SEND2PRESS NEWSWIRE) — DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that it has processed more than 300 million mortgage-related electronic signatures.
SAN DIEGO, Calif., Jan. 24, 2018 (SEND2PRESS NEWSWIRE) — Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL), announced that Steve Pollett has joined the company as SVP, SBA and Commercial Real Estate Lending Group Manager. With more than 30 years’ experience in SBA and Commercial Real Estate lending, Pollett will be responsible for […]
SAN DIEGO, Calif., Jan. 23, 2018 (SEND2PRESS NEWSWIRE) — The Mortgage Collaborative, the nation’s only independent mortgage cooperative, today announced the addition of forecasting and analytics firm iEmergent to its Preferred Partner network. iEmergent offers TMC members market-based forecasts that can drill down into communities, making the intelligence relevant to both high-level strategic issues and […]
AVON, Conn., Jan. 23, 2018 (SEND2PRESS NEWSWIRE) — Paragon Insurance Holdings, LLC (“Paragon”), a national multi-line specialty MGA, today announced the addition of Andrew Petersen to the Paragon executive management team as Regional President and EVP of Reinsurance Operations. Petersen will report to Ron Ganiats, Paragon’s CEO.
SACRAMENTO, Calif., Jan. 22, 2018 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers and Consultants announced today that risk management and insurance professional Philip Westphal has joined the firm’s commercial property/casualty team in Sacramento, Calif. as a Risk Advisor/Broker in EPIC’s Healthcare Practice. Westphal will report to Managing Principal and Healthcare Practice Co-leader, Tom McCready.
ATHENS, Ga., Jan. 19, 2018 (SEND2PRESS NEWSWIRE) — The last 24 months have seen aggressive growth and milestone achievements for automated verification provider FormFree – and now the fintech company is setting its sights on achieving even greater market penetration in 2018 thanks to broader investor acceptance and new products and features designed to meet […]
SAN DIEGO, Calif., Jan. 19, 2018 (SEND2PRESS NEWSWIRE) — Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL), a community business bank headquartered in San Diego, has appointed Kathy Gonzales as Senior Vice President, Director of Branch Banking. She will be responsible for supporting the Bank’s commitment to the customer experience by deepening customer […]
LOS ANGELES, Calif., Jan. 18, 2018 (SEND2PRESS NEWSWIRE) — Mortgage Quality Management and Research, LLC (MQMR), a leader in mortgage risk management and compliance services, today announced that its Internal Audit services offering meets or exceeds the requirements for Fannie Mae seller/servicers to be in compliance with the December 19, 2017 Fannie Mae Selling Guide […]
WASHINGTON, D.C., Jan. 18, 2018 (SEND2PRESS NEWSWIRE) — In his new book, “The Mindset of Retirement Success: 7 Winning Strategies to Change Your Life” (ISBN: 978-0999641408), Chartered Retirement Planning Counselor Rodger Alan Friedman, delivers blunt advice to anyone who has been putting off retirement planning.
SAN DIEGO, Calif., Jan. 16, 2018 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that its COO, Phil Rasori, will be speaking on a panel session at the MBA’s 2018 Independent Mortgage Bankers Conference on Wednesday, January 24, 2018 being held at the Ritz-Carlton […]
IRVINE, Calif., Jan. 16, 2018 (SEND2PRESS NEWSWIRE) — Cloudvirga(TM) CEO Michael Schreck is on a mission to help mortgage lenders reinvent the mortgage factory. A developer of intelligent mortgage point-of-sale platforms, Cloudvirga gives consumers and loan officers a digital mortgage experience and helps lenders grow market share by automating the mortgage back office, saving them […]
SHERMAN OAKS, Calif., Jan. 16, 2018 (SEND2PRESS NEWSWIRE) — Integrating homeowner’s insurance into the mortgage origination process is a relatively new idea – and one Matic CEO Aaron Schiff anticipates will gain traction in 2018. His firm expects small and mid-sized mortgage operations will follow the lead of several marquee lenders that added homeowner’s insurance […]
ALPHARETTA, Ga., Jan. 16, 2018 (SEND2PRESS NEWSWIRE) — JenCap Holdings LLC (JCH), a specialty insurance business, announced today that it has agreed to acquire privately-held Genesee General, a managing general agency, program administrator and wholesale insurance broker based in Alpharetta, Georgia. The transaction is expected to close in January 2018. Financial terms were not disclosed.
AUSTIN, Texas, Jan. 15, 2018 (SEND2PRESS NEWSWIRE) — Leading mortgage industry management consulting firm Austin, Texas-based Transformational Mortgage Solutions (TMS) today announced that it has named Beth Ozenghar its new president and COO. Ozenghar, whose mortgage career spans three decades, had been in the role of senior executive advisor with TMS since 2016. TMS Founder […]
SAN DIEGO, Calif., Jan. 10, 2018 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that Ian Miller has joined the company as Chief Marketing Officer (CMO). In this newly created position, he is responsible for ensuring that MCT’s marketing strategy effectively supports the company’s […]
IRVINE, Calif., Jan. 9, 2018 (SEND2PRESS NEWSWIRE) — Cloudvirga(TM), developer of intelligent mortgage point-of-sale (POS) platforms, has appointed Sean McEvoy as its chief customer officer. As a member of the senior leadership team, McEvoy will be responsible for the firm’s customer leadership, implementation and support functions. He has an extensive background in building world-class customer […]
PHILADELPHIA, Pa., Jan. 8, 2018 (SEND2PRESS NEWSWIRE) — Rittenhouse Capital Advisors (RCA) is a commercial real estate finance advisor with over 60 years of combined banking experience. Currently in its fourth year of operation, Rittenhouse Capital has increased its loan production volume by a minimum of 30 percent year-over-year by delivering creative commercial financing solutions […]
SALT LAKE CITY, Utah, Jan. 5, 2018 (SEND2PRESS NEWSWIRE) — TRK Connection (TRK), a leading provider of mortgage quality control and origination management solutions, announced today that Vice President of Business Development Colton Hansen has been named one of “The 40 Most Influential Mortgage Professionals Under 40” for 2017 by industry trade magazine National Mortgage […]
ATHENS, Ga., Jan. 5, 2018 (SEND2PRESS NEWSWIRE) — FormFree(R) today announced that asset reports generated by its AccountChek(R) automated asset verification service meet all underwriting guidelines established by the U.S. Department of Veterans Affairs (VA) for loans guaranteed by its Loan Guaranty Service. The announcement follows the VA’s December 29, 2017, release of Circular 26-17-43, […]
LANSDALE, Pa., Jan. 4, 2018 (SEND2PRESS NEWSWIRE) — Global DMS, a leading provider of cloud-based valuation management software, announced that it has integrated with Black Knight’s LoanSphere Exchange platform, an online, collaborative technology that connects more than 25,000 mortgage industry service and solution providers.
SAN DIEGO, Calif., Jan. 3, 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 opening of a production office in Orange County in the city of Orange, Calif. In addition, the bank said it is actively looking to expand […]
SAN FRANCISCO, Calif. and HOUSTON, Texas, Jan. 2, 2018 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers & Consultants, the retail property and casualty insurance brokerage and employee benefits consulting subsidiary of EPIC Holdings, announced today a collaboration agreement between EPIC’s Houston-based Ascende Wealth Advisors, Inc. (AWAI) and Qualified Plan Advisors (QPA), a division of Prime Capital […]
DALLAS, Texas, Jan. 2, 2018 (SEND2PRESS NEWSWIRE) — Supreme Lending, a nationwide lender, has announced that its San Diego, California branch has partnered with May We Give for Love, a San Diego-based nonprofit organization that provides financial contributions and volunteer support to several local charitable causes.
DALLAS, Texas, Dec. 27, 2017 (SEND2PRESS NEWSWIRE) — The Cooksey Team, a top producing retail branch of Mid America Mortgage, Inc., announced today that its founder Michael Cooksey has been named one of “The 40 Most Influential Mortgage Professionals Under 40” for 2017 by industry trade magazine National Mortgage Professional.
IRVINE, Calif., Dec. 21, 2017 (SEND2PRESS NEWSWIRE) — Cloudvirga(TM), developer of intelligent mortgage point-of-sale (POS) platforms, today announced that its co-founder and Chief Strategy Officer Kyle Kamrooz has been named one of National Mortgage Professional magazine’s 40 Most Influential Mortgage Professionals Under 40.
SHERMAN OAKS, Calif., Dec. 21, 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 Benjamin Madick has been named one of National Mortgage Professional magazine’s “40 most influential mortgage professionals under 40.”
SAN DIEGO, Calif., Dec. 19, 2017 (SEND2PRESS NEWSWIRE) — The Mortgage Collaborative, the nation’s only independent mortgage cooperative, today announced the addition of FullCircle Placements to its Preferred Partner network. FullCircle will be the first mortgage-centric recruiting and placement service provider within TMC’s network.
SAN DIEGO, Calif., Dec. 19, 2017 (SEND2PRESS NEWSWIRE) — ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced it has added new Chief Technology Officer (CTO) Jim Magner and Vice President of Operations Stacey Lund to its senior management team.
IRVINE, Calif., Dec. 14, 2017 (SEND2PRESS NEWSWIRE) — Cloudvirga(TM), developer of intelligent mortgage point-of-sale (POS) platforms, has hired Jim Portner as chief product officer. Portner will report to Cloudvirga CEO Michael Schreck and will oversee product strategy, development and marketing for the company’s digital mortgage automation platforms.
WEST PALM BEACH, Fla., Dec. 13, 2017 (SEND2PRESS NEWSWIRE) — OpenClose(R), a multi-channel loan origination system (LOS) and mortgage software solutions provider, announced that it partnered with AFR Services (AFR) to enable customers to access the company’s complete suite of flood services. Using the interface makes it quick and easy to order AFR’s various flood […]
SAN DIEGO, Calif., Dec. 12, 2017 (SEND2PRESS NEWSWIRE) — The Mortgage Collaborative, the nation’s only independent mortgage cooperative, today announced the addition of United Capital Markets, Inc. (UCM), the mortgage industry’s leading outsource provider of dynamic MSR hedging. UCM will provide TMC Lender Members strategic advice to bank-owned and private mortgage companies focusing on MSR […]
