Finance News, including banking, mortgage lending, public companies, economic reports, earnings, and related financial news.
SAN DIEGO, Calif. /CitizenWire/ — MCT Trading, Inc. (MCT), a recognized leader in mortgage pipeline hedging and risk management services, announced that it has established an office in Bala Cynwyd, Pennsylvania, just outside of downtown Philadelphia.
SAN DIEGO, Calif. /CitizenWire/ — Del Mar DataTrac, Inc., a leading provider of affordable end-to-end mortgage lending automation solutions, and an industry pioneer in paperless lending and loan process workflow tools, is again among the 2011 Top 50 Service Providers listed by Source Media’s Mortgage Technology magazine.
AUSTIN, Texas /CitizenWire/ — 360 Mortgage Group, a privately-owned wholesale mortgage bank, welcomes Al Crisanty to its team as Vice President of National Wholesale Production. Crisanty will oversee 360 Mortgage Group’s territory sales managers as the firm seeks to expand its operations to all 50 states.
GREAT FALLS, Va. (CitizenWire) — Ecologic Lessee Services, a global provider of outsourcing, software, and capital sourcing services to corporate and non-profit equipment lessees, today announced the publication of a unique whitepaper that addresses how lessees can prepare for the coming IFRS lease accounting changes.
NEW YORK, N.Y. (CitizenWire) — California, Florida, Michigan, Arizona, and Nevada made up more than half of the foreclosure activity in May. According to ForeclosureListings.com, there were 8,828 California foreclosure listings in May and 10,506 in June; an increase of 19.0 percent.
SAN FRANCISCO, Calif. (CitizenWire) — Investor advocate and public finance watchdog Kevin Olson has launched DoNotBuyMarylandBonds to warn Maryland bond buyers about the dangers of investing in Maryland bonds.
SALT LAKE CITY, Utah (CitizenWire) — International Document Services (IDS), a mortgage document preparation vendor, has been selected to provide closing documents and initial disclosures for Guaranty Trust Company, a full service mortgage company based in Murfreesboro, Tenn.
WALL, N.J. (CitizenWire) — Peter Grandich, founder of Trinity Financial Sports and Entertainment Co, is speaking out in support of former NY Giant David Tyree who has been under intense media scrutiny for some gutsy statements he made about gay marriage. Posted in an online video on June 15, Tyree says he recorded the video […]
GREAT FALLS, Va. (CitizenWire) — Ecologic Leasing Services announced today that it has released version 7.0 of LeaseAccelerator®, web-based software service (SaaS) designed for corporate and non-profit lessees and vendor captives that lease equipment around the globe
SAN DIEGO, Calif. (CitizenWire) — MCT Trading, Inc. (MCT), a leading provider of hedging and risk management advisory services, announced that the company has expanded its facilities, doubling the office space it previously had. The addition of space is the direct result of MCT’s growth strategy to support lenders making the shift from best efforts […]
NEW YORK, N.Y. (CitizenWire) — In some of the top cities in United States the underlying unemployment problem shows the impact on homeowners that face foreclosures, despite government programs to help hundreds of thousands nationwide keep their homes. According to BankOwnedProperties, the foreclosure listings showed both drops and rises in the states of N.J. and […]
NEW YORK, N.Y. (CitizenWire) — ForeclosureListings has noticed falling and rising trends in foreclosures in recent months. Why? When the supply of homes outweighs the demand for them, the prices shrink. When the values are attractive enough to investors with enough money to withstand the smaller return on the investment, the supply is reduced and […]
KIRKLAND, Wash. (CitizenWire) — A New Jersey naval architect watched helplessly as over $1 million dollars disappeared into the health-care system. Like most middle-class Americans, the naval architect and his parents had missed an estate planning gap. Their financial advisors missed it too. No long term care insurance. ‘This was an expensive omission,’ says Jonas […]
NEW YORK, N.Y. (CitizenWire) — Foreclosure Warehouse reports that Florida foreclosed homes in April were down 14.81 percent in Florida than a month ago, and California was down 8.46 percent.
SAN DIEGO, Calif. (CitizenWire) — MCT Trading, Inc., a recognized leader in hedging and risk management services, announced the celebration of its of tenth anniversary in business. The company was founded in May of 2001 and has remained dedicated to the mortgage banking industry since its inception.
NEW YORK, N.Y. (CitizenWire) — Foreclosure Data Online reports that Colorado and Georgia had the highest increase in foreclosure listings, considered the most in the United States from April to May of 2011, reflecting more accurate statistics and reasons challenging the overall appearance of a downward trend over the previous year.
NEW CANAAN, Conn. (CitizenWire) — Prevail Consulting, Inc., a leading software and technology services provider for the property and casualty insurance industry, today announced the launch of its Prevail Reinsurance System Hosted Solution. Companies will now have the ability to manage their reinsurance business in a secure and scalable environment, while reducing costs.
DALLAS, Texas (CitizenWire) — Domestic Development Company (DDC) announces a compelling real estate investment product that allows people to invest in oil, while yielding the greatest payback, superior tax benefits and long-term cash flow.
NEW YORK, N.Y. (CitizenWire) — Masterseek Corp., headquartered in New York, has announced the upcoming private placement of 3 million new shares at an expected price of $8.60 per share, for total expected proceeds of at least $25 million. Masterseek currently has 30 million outstanding shares, valued at about $9 each, implying a current value […]
SALT LAKE CITY, Utah (CitizenWire) — International Document Services, a mortgage document preparation vendor, has promoted National Sales Director Mark Mackey to vice president. As company vice president, Mackey will guide operational aspects of IDS’s businesses, leading the company in day-to-day operations and reporting directly to IDS president Curt Doman.
RANCHO SANTA MARGARITA, Calif. (CitizenWire) — Priceweaver, Inc., a secondary marketing-focused product and pricing provider, announced that it has moved its office to a larger facility. The relocation allows the company to grow and satisfy an increasing demand for its solution.
MIAMI, Fla. (CitizenWire) — Foreclosure Deals, an online leader in the foreclosure listings and foreclosure news industry, revealed that while California foreclosures are up significantly since the beginning of the year, foreclosures in California are taking up to a year to reach the market.
SAN DIEGO, Calif. (CitizenWire) — Del Mar DataTrac(R) (DMD), the leading provider of affordable mortgage lending automation solutions, and an industry pioneer in business intelligence, paperless lending, and loan process workflow tools, has named John Aslanian vice president of sales. Aslanian has been DMD’s director of sales since 2007.
SAN FRANCISCO, Calif. (CitizenWire) — Wholesale Trading Co-Op Insurance Services, LLC (WTCI) announced today that wholesale binding authority/program industry veteran, Julie Sylim-Uang, CPCU, has joined the firm as vice president/commercial accounts.
TOMS RIVER, N.J. (CitizenWire) — Counsellors Title Agency, Inc. announces that Carmine P. Giordano, a licensed title producer with 40 years of title experience, is joining its Toms River, New Jersey headquarters.
MIAMI, Fla. (CitizenWire) — ForeclosureDeals, an online leader in the foreclosure listings and information industry, reports that new developments in the Florida foreclosure market could slow the rate of foreclosures drastically statewide.
SALT LAKE CITY, Utah (CitizenWire) — Curt Doman, president of International Document Services, Inc., a mortgage document preparation vendor, says that while the resurgence of home equity loans and lines of credit is ultimately a good thing for both borrowers and the mortgage industry, there are specific document-related challenges lenders should address before re-entering the […]
LOS ANGELES, Calif. (CitizenWire) — Edgewood Partners Insurance Center (EPIC), a retail property, casualty insurance brokerage and employee benefits consultant, has added Daniel J. Pierro, Jr. as principal and senior employee benefits consultant. His addition comes through the acquisition of his company P&C Financial and Insurance Services, Inc. where he was owner and president.
PATTERSON, N.Y. (CitizenWire) — Jacqueline M. Tiso, CEO and founder of JMT Consulting Group, has been invited to speak at the 2011 Annual Spring Training Conference for the South Carolina Community Action Partnership and South Carolina Head Start Association.
BRASILIA, Brazil (CitizenWire) — With strong economic growth (7.5 percent per annum), a large and robust domestic market and a stable democracy, Brazil is a thriving market for foreign investors. President of the political consulting firm Arko Advice and founder of the online intelligence service Brazilian Intelligence, Dr. Murillo de Aragao says, ‘In 29 years […]
SAN FRANCISCO, Calif. (CitizenWire) — Wholesale Trading Co-Op Insurance Services, LLC (WTCI) announced today that wholesale brokerage industry veteran David Bamford has joined the firm as vice president/casualty broker.
LOS ANGELES, Calif. (CitizenWire) — CalUniversity (California InterContinental University), a leading distance-learning educational institution, has received a $11.5 million investment from Dr. Finian Tan, the lead investor in China’s number one search engine Baidu.
SAN DIEGO, Calif. (CitizenWire) — MCT Trading, Inc., a recognized leader in hedging and risk management, has announced that Rhonda Beck has joined the firm as regional sales director for its Charlotte, North Carolina office, and will lead the company’s expansion in the Southeast Unites States.
SAN DIEGO, Calif. (CitizenWire) — Del Mar DataTrac, the leading provider of affordable mortgage lending automation solutions, and an industry pioneer in business intelligence, paperless lending, and loan process workflow tools, will exhibit and demonstrate its DataTrac Originator mortgage lending point-of-sale solution at the 2011 ICBA National Convention in Orlando.
SACRAMENTO, Calif. (CitizenWire) — The Federal Trade Commission (FTC) and Congress are taking notice, and now, so is Mortgage Audit Service. They all recognize that some mortgage servicers may be guilty of illegal activities servicing the escrow account and are working to uncover the truth and to make positive changes.
SALT LAKE CITY, Utah (CitizenWire) — International Document Services, Inc., a mortgage document preparation vendor, has enhanced the e-signature options for the idsDoc platform. Changes were made based on the feedback and demand of customers and reflect the growing demand for more sophisticated e-signature capabilities that also keeps the process simple for borrowers and lenders […]
SAN DIEGO, Calif. (CitizenWire) — Del Mar DataTrac (DMD), the leading provider of affordable mortgage lending automation solutions, and an industry pioneer in business intelligence, paperless lending, and loan process workflow tools, is observing its 20th anniversary in 2011.
CARSON, Calif. (CitizenWire) — DocMagic, Inc., the mortgage industry’s leading provider of compliant loan document solutions, announced that Laurie Spira has joined the company as chief compliance officer.
NEW YORK, N.Y. (CitizenWire) — Foreclosure Warehouse calls attention to future homeowners to some states with the best price values of foreclosure properties. Foreclosure Warehouse’ statistics show that the top states that had the lowest prices in the beginning of the 2011 compared to the same time in 2010 reveal advantageous situations for those who […]
SALT LAKE CITY, Utah (CitizenWire) — According to Curt Doman, president of International Document Services (IDS), a mortgage document preparation vendor, 2010 marked the second year in a row the firm saw significant growth in the number of document packages prepared.
