SALT LAKE CITY, Utah — International Document Services, Inc. (IDS), a mortgage document preparation vendor, congratulates Inlanta Mortgage for being named a finalist in the Customer-Focused Lender category for the 2010 Mortgage Technology Awards.
Archive | Finance
Finance News, including banking, mortgage lending, public companies, economic reports, earnings, and related financial news.
Housing Finance Agency Loan Review Process by Titan Lenders Corp and ComplianceEase Named Finalist for Mortgage Technology Synergy Award
DENVER, Colo. — Mortgage fulfillment outsource services expert Titan Lenders Corp (TLC), and ComplianceEase, the nation’s leading provider of regulatory compliance and risk management solutions, have been named one of three finalists for the coveted 2010 Synergy Award from Source Media’s Mortgage Technology magazine. The pair was nominated for their proprietary automated loan review process […]
Trinity Financial Advisory Board adds former NY Giant David Tyree
WALL, N.J. — Peter Grandich, founder of Trinity Financial Sports and Entertainment Management Company, Atlantic Avenue, announced that Super Bowl XLII hero and former New York Giant David Tyree has joined the company’s advisory board.
Mortgage Technology magazine names Del Mar DataTrac a 2010 Top 50 Service Provider
SAN DIEGO, Calif. — Del Mar DataTrac, Inc. (DMD), the leading provider of affordable end-to-end mortgage lending automation solutions and an industry pioneer in business intelligence, document imaging and management, and loan process workflow tools, is among the 2010 Top 50 Service Providers listed by Source Media’s Mortgage Technology magazine.
Stearns Lending Grows Business with Loan-Score Decisioning Systems’ SaaS
IRVINE, Calif. — Loan-Score Decisioning Systems, an enterprise-class pricing and automated underwriting provider, announced that Stearns Lending, Inc., a national wholesale and retail mortgage banker, has grown its business by more than 65 percent since going live with its solution in early 2009. Stearns utilizes Loan-Score’s platform to automate pricing and underwriting for each of […]
IDS reaches a corporate milestone in June: an all-time record volume of document packages processed in a single month
SALT LAKE CITY, Utah — International Document Services, Inc. (IDS), a mortgage document preparation vendor, reached a corporate milestone in June – an all-time record volume of document packages processed in a single month.
Realm Professional Edition 2.2 Product Suite announced by Comergence Compliance Monitoring
ORANGE, Calif. — Comergence Compliance Monitoring (CCM), a leading provider of third-party originator (TPO) risk management solutions and SaaS, announces the release of Realm Professional Edition 2.2 Product Suite. Realm 2.2 creates a more holistic TPO management system that enables wholesale, correspondent and reverse mortgage lenders to oversee and execute all TPO communication and administrative […]
Navix is a 14-Step Process for Business Value Creation and Exit Planning
ATLANTA, Ga. — White Horse Advisors, LLC, an independently-owned provider of financial advisory services to owners of closely-held businesses and retirement plan sponsors, announces the launch of Navix, a 14-step process for business value creation and exit planning.
Helm Analytics makes Mortgage Technology magazine’s 2010 Top 50 Mortgage Technology Service Providers List
SAN DIEGO, Calif. — HELM Analytics, a business intelligence and analytics company, announced that it has earned a spot on Mortgage Technology magazine’s 2010 Top 50 Mortgage Technology Service Providers. The company has gained rapid momentum since launching operations in early 2009.
PROGRESS In Lending: New Mortgage Industry Association Invites Thought Leadership and Active Innovation
WILTON, Conn. — Key mortgage technology developers and business services providers have launched PROGRESS In Lending Association (PROGRESS), to provide a collaborative forum and content platform for mortgage lending business process innovation. Created to fill an under-served mortgage industry segment and purpose, PROGRESS is lead by an all-volunteer executive team comprised of high-profile mortgage professionals […]
CCMC and Del Mar DataTrac Partner for Loan Data Bridge for Mortgage Bankers
SAN DIEGO, Calif. — Del Mar DataTrac, Inc. (DMD), the leading provider of affordable end-to-end mortgage lending automation solutions, and CCMC, Inc., the financial industry’s premier technology interface provider, have released the DMDBridge, a connectivity tool that automatically moves loan data from a lender’s third-party origination system to the DataTrac mortgage banking system of record.
CONIX Systems’ Frank Stokes Affirms Need to Stem Improper Payments by Government, Points to Banking Industry Exception Items Processing
MANCHESTER, Vt. — Franks Stokes, president of technology for CONIX Systems, Inc., a leading international provider of payment processing solutions to the financial services industry and pioneer in the acceleration of exception processing, agrees with the Obama Administration that reducing systemic drains on the Federal budget by better policing benefits and other types of payments […]
Arizona, California, Florida and Wisconsin Mortgage Bankers Select Titan Lenders Corp for Back Office and Fulfillment Outsource Services in Q2 2010
DENVER, Colo. — Mortgage fulfillment outsource services expert Titan Lenders Corp (TLC) signed nine mortgage banker clients in the second quarter of 2010. TLC, a U.S.-based domestic mortgage fulfillment outsource operation, offers a parallel and variable cost alternative solution to lenders that maintain back office and warehouse line management operations.
Conix Announces Five Bank Members Have Joined the Xcept Steering Committee
MANCHESTER, Vt. — The Xcept Steering Committee, organized in the first quarter of 2010 by CONIX Systems, Inc., a leading international provider of payment processing solutions to the financial services industry and a pioneer in the creation of post-Check 21 exception management tools, has added five members representing the Bank of Oklahoma, Bank of the […]
International Document Services Completes RESPA Disclosure Updates, Evaluates Lender and Settlement Agent Satisfaction
SALT LAKE CITY, Utah — International Document Services (IDS), a mortgage document preparation vendor for closing documents, initial disclosures and reverse documents, has completed RESPA-related disclosures updates to its idsDoc doc prep platform to accommodate changes in the GFE and HUD-1, and evaluated responses from its Q2 customer survey.
SecuGen Hamster IV Fingerprint Reader Delivered to Kenya’s Largest Retail Bank
SANTA CLARA, Calif. — SecuGen, the world’s leading optical fingerprint device vendor, is pleased to announce that CompuLynx, of Nairobi Kenya, has successfully integrated the SecuGen Hamster(TM) IV into the Account Holder Biometric Authentication and Identification System for one of the largest retail banks in Kenya.
BusinessCashAdvance.com Offers Alternative Financing to SBA Business Loans
CORAL SPRINGS, Fla. — On April 15, President Barack Obama signed legislation to add $80 million to the Small Business Association (SBA) business loan programs, and effectively extend stimulus benefits through the end of May. But a recent study suggests that a significant majority of small business owners will remain uninterested. Instead, many are seeking […]
Titan Lenders Corp Posts Periodic Table of Mortgage Industry Acronyms for Lenders, Media, and Consumer Advocates
DENVER, Colo. — Mortgage fulfillment outsource services expert Titan Lenders Corp (TLC) has assembled and developed a glossary of mortgage industry terms in the format of a periodic table of acronyms posted to its Website. The page where the glossary is posted requires no user registration and the information is provided as an educational service […]
100 Mortgage Bankers View DataTrac 9.3 Product Suite and Loan Process Automation Development at DMD Client Conference
SAN DIEGO, Calif. — Del Mar DataTrac, Inc. (DMD), the leading provider of affordable end-to-end mortgage lending automation solutions and an industry pioneer in business intelligence, document imaging and management, and loan process workflow tools unveiled its DataTrac 9.3 Product Suite to more than 100 mortgage bankers and vendor partners at its annual client conference […]
White Horse Advisors Completes Conversion to U.S. Securities and Exchange Commission (SEC) Registered Investment Advisor
ATLANTA, Ga. — White Horse Advisors, LLC, an independently-owned provider of financial advisory services to owners of closely-held businesses and retirement plan sponsors, is an SEC-registered investment advisor (RIA) as of March 9, 2010. White Horse Advisors joins a growing number of financial advisory representatives nationwide that are registering independently of broker-dealers.
Exception Day 1 Processing to become a reality by CONIX Systems, Inc. and Data Support Systems (DSS)
MANCHESTER, Vt. — CONIX Systems, Inc. (CONIX), a leading international provider of payment processing solutions to the financial services industry and pioneer in the acceleration of exception processing and Data Support Systems (DSS), a leading provider of image-based back office payment processing solutions, have formed a partnership to accelerate exception processing across the banking industry.
Wholesale Lenders Select Comergence Compliance Monitoring for TPO Due Diligence Solutions
ORANGE, Calif. — Comergence Compliance Monitoring, a leading provider of third-party originator (TPO) monitoring and due diligence solutions, added five wholesale mortgage lenders to its client roster in May 2010.
Technology Executive Named to Top 40 Most Influential Mortgage Professionals Under 40 List
IRVINE, Calif. — Loan Score Decisioning Systems, an enterprise-class pricing automated underwriting solution provider, announced that its SVP of marketing has been named to National Mortgage Professional magazine’s Top 40 Most Influential Mortgage Professionals Under 40 list. Loan-Score’s Joe Bowerbank is recognized for his industry contributions to evangelize, market and drive the use of leading-edge […]
Can a Reverse Mortgage Ease Problems for Senior Homeowners Hard-hit by the Economy?
KIRKLAND, Wash. — Today Reverse Mortgage Direct, LLC (RMD), announces an online assessment tool that helps senior Americans determine whether a reverse mortgage can help with their financial challenges. The tool, ‘Reverse Mortgage eGuide,’ also lets seniors know if they qualify, and whether the financial instrument might be right for their situation.
BAI – CONIX Webinar Explores Cost Savings, Risk Management, and Improved Compliance through Exception Processing Acceleration
MANCHESTER, Vt. — Banks that focus on reducing the impact of exception items in their payment processing operations by moving Day 2 processes to Day 1 can achieve decreased costs, more effective risk management, and improvements in auditory compliance, according to CONIX Systems, Inc., which developed content for the upcoming June 8 BAI webinar entitled, […]
International Document Services Delivers Accurate and Compliant e-Signatures for Doc Prep Services
SALT LAKE CITY, Utah — International Document Services (IDS), a mortgage document preparation vendor for closing documents, initial disclosures and reverse documents, now offers its mortgage lender customers e-signature options through its flagship idsDoc platform.
DataTrac Mortgage Lending Platform Integration with Document Express Enables Seamless Delivery of Loan Closing Products and Services
SAN DIEGO, Calif. — Del Mar DataTrac, Inc., the leading provider of affordable end-to-end mortgage lending automation solutions, and an industry pioneer in business intelligence, document imaging and management, now offers a seamless integration developed by its document preparation partner Document Express enabling DataTrac users to order their initial disclosures, loan closing documents, and analysis […]
BAI – CONIX Systems Exception Processing Acceleration Webinar Features Paul Carrubba, BB&T’s Tim Dillow, and DSS President Carl Bortol
MANCHESTER, Vt. — An upcoming June 8 BAI webinar entitled, Acceleration of Exception Payment Processing: ‘The Next Big Thing,’ will feature commentary by noted attorney and bank payments expert Paul Carrubba, BB&T payments executive Tim Dillow, and Data Support Systems President and Founder Carl Bortol.
Comergence Compliance Monitoring Hosts Red Flag Rules Webinar to Prepare Lenders, Brokers for June 1 Deadline for FTC Enforcement
ORANGE, Calif. — For mortgage professionals and lenders affected by the June 1 enforcement of regulations enacted to stem the spread of identity theft and reduce personal identity fraud, Comergence Compliance Monitoring, a leading provider of third-party originator (TPO) monitoring and due diligence solutions, is conducting a complimentary Red Flag Rules educational webinar on May […]
CONIX Systems Hosts June 8 BAI Exception Payment Processing Acceleration Webinar
MANCHESTER, Vt. — CONIX Systems, Inc., a leading international provider of payment processing solutions to the financial services industry and a pioneer in the creation of post-Check 21 exception management tools, will host the BAI webinar entitled, ‘Acceleration of Exception Payment Processing: ‘The Next Big Thing,” on June 8 at 1:00 p.m. CST/CDT.
Titan Lenders Corp Signs Six Mortgage Bankers for Back Office and Fulfillment Outsource Services
DENVER, Colo. — Mortgage fulfillment outsource services expert Titan Lenders Corp (TLC) signed six mortgage banker clients in the first quarter of 2010. TLC, a U.S.-based domestic mortgage fulfillment outsource operation, offers a parallel and variable cost alternative solution to lenders’ maintaining back office and warehouse line management operations.
Massachusetts Housing Finance Agency Selects Titan Lenders Corp For Mortgage Purchase Review Outsource Services
DENVER, Colo. — Mortgage fulfillment outsource services expert Titan Lenders Corp (TLC) has been chosen by the Massachusetts Housing Finance Agency (MassHousing) to provide outsourced mortgage purchase review services. MassHousing is an independent, quasi-public agency that provides financing for affordable housing in Massachusetts. TLC is a U.S.-based domestic mortgage fulfillment outsource operation that offers back […]
DMD Exhibits DataTrac End-to-End Mortgage Lending Automation at Texas MBA 94th Annual Conference
SAN ANTONIO, Texas — Del Mar DataTrac, Inc. (DMD), the leading provider of affordable end-to-end mortgage lending automation solutions, and an industry pioneer in business intelligence, document imaging and management, and loan process workflow tools, is an exhibitor at the May 16-18 Texas MBA’s 94th Annual Conference in San Antonio (Booth 26). DMD experts will […]
Del Mar DataTrac ExTrac Additions Support Seamless Data Extraction for Mortgage Bankers to Request Closing Funds and Pass Servicing Data
SAN DIEGO, Calif. — Del Mar DataTrac(R), Inc. (DMD), the leading provider of affordable end-to-end mortgage lending automation solutions, and an industry pioneer in business intelligence, document imaging and management, and loan process workflow tools, has added four new DataTrac ExTrac options. These ExTracs facilitate the extraction, quality control and exchange of mortgage loan data […]
CONIX Systems President Urges Banks to Address Acceleration of Exception Payment Processing, Identification of Duplicate Payments
DALLAS, Texas — Frank Stokes, president of technology, CONIX Systems, Inc., a leading international provider of payment processing solutions to the financial services industry and a pioneer in the creation of post-Check 21 exception management tools, asserts that the acceleration of check clearing due to the widespread adoption of remote deposit capture (RDC), image exchange, […]
Potomac Investments Manages Millions in Assets for Clients
WASHINGTON, D.C. — Financial estate and planning expert, John J. Cortale, senior vice president of investments, Potomac Investments, has assembled a team of financial experts with more than 30 years of combined experience. Cortale’s team knows what it takes to work with individual investors as well as large organizations to provide customized solutions backed by […]
Comergence Compliance Views HUD Memo on TPO Management as Good Starting Point for Development of Due Diligence Best Practices
ORANGE, Calif. — Greg Schroeder, president of Comergence Compliance Monitoring, a leading provider of third-party originator (TPO) monitoring and due diligence solutions, says he supports HUD’s move to eliminate FHA approvals for loan correspondents, thereby distancing itself from the risks inherent in the current management of this origination channel.
Mortgage Doc Prep Vendor IDS Announces New Full Company SAS 70 Audit
SALT LAKE CITY, Utah — International Document Services (IDS), a mortgage document preparation vendor for closing documents, initial disclosures and reverse documents, has announced the successful completion of its full company SAS 70 Type I audit. The audit was performed in late February and will be followed up by a Type II audit in July, […]
Business Cash Advances Fill a Financing Void for Many Small Businesses
CORAL SPRINGS, Fla. — With the outlook of traditional business credit markets remaining bleak, many small business owners are taking matters into their own hands, seeking out alternative means of finance, and this is proving to be a boon for the business cash advance industry according to BusinessCashAdvance.
Community Bank Mortgage Lenders Select Del Mar DataTrac End-to-End Lending Automation Solutions
SAN DIEGO, Calif. — Del Mar DataTrac(R), Inc. (DMD), the leading provider of affordable end-to-end mortgage lending automation solutions, and an industry pioneer in business intelligence, document imaging and management, and loan process workflow tools, added two community bank mortgage lenders to its client roster in March, 2010.