SAN DIEGO, Calif. — Del Mar DataTrac, Inc. (DMD), the leading provider of affordable mortgage lending automation solutions, and an industry pioneer in business intelligence, document imaging and management, and loan process workflow tools, has added three lenders for DataTrac Commission. Formerly referred to as CommissionTrac, DMD’s commission management tool helps lenders maintain commission accuracy, [...]
Del Mar DataTrac® Signs Three Lenders for Commission Management Tool
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BusinessCashAdvance Creates Economic Stimulus Product – The Evolution of Lending
CORAL SPRINGS, Fla. — More and more financial institutions are tightening belts when it comes to lending money. That’s why the concept of receivables-based lending has evolved and become a more viable option for small businesses than in the past. BusinessCashAdvance.com, where businesses go to grow, is a prime example of how the lending climate [...]
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New Illustrated Children’s Book by Author Martin McCannell Explains Federal Finance
BOSTON, Mass. — Smoked Goldeye Press this week announced the release of a children’s picture book that aims to explain how new money from the Federal Reserve inadvertently causes cycles of economic downturns in the United States economy — something embattled Fed chairman Ben Bernanke would rather people not know about, says the author. In [...]
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RESPA Delay Not Reflected in Investor Requirements says Pres. of IDS
SALT LAKE CITY, Utah — Curt Doman, president of International Document Services Inc. (IDS), a mortgage document preparation vendor for closing docs, initial disclosures and reverse documents, calls for common sense to guide new 2010 regulations in light of persistent difficulties with RESPA interpretation and compliance. The IDS flagship solution, idsDoc, is the doc prep [...]
Titan Lenders Hosts Broker-to-Banker Webinar for Community Bank Mortgage Lenders
DENVER, Colo. — Mortgage fulfillment outsource services expert Titan Lenders Corp has launched an educational webinar series for community banks considering the advantages of transitioning from mortgage lending as a broker to mortgage banker. Two February webinars have been scheduled for February 2 and February 16, 2010 at 11 a.m. EST. Community banks that want [...]
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FFG Tampa Florida: Financial Foundation Group – Hope for Children though Toys
TAMPA, Fla. — 2009 was a landmark year for the Financial Foundation Group. Even though the economy and the stock market have hit many hard, the Financial Foundation Group has been diligent about providing assistance to those in need. A combined effort of our country’s great U.S. Marine Corps, as well as many excited members [...]
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LoanSifter Integrates Mortgage Pricing Engine with Del Mar DataTrac Workflow Automation Platform
APPLETON, Wis. — Del Mar DataTrac(R), Inc. (DMD), the leading provider of affordable mortgage lending automation solutions, and LoanSifter, the leading provider of Web-based product and pricing tools, have completed the integration of LoanSifter’s namesake product and pricing engine (PPE) with DMD’s flagship product, DataTrac. Since 1991, Del Mar DataTrac has pioneered business intelligence, document [...]
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FFG San Antonio: Financial Foundation Group and Special Olympics in Need of Strikes
SAN ANTONIO, Texas — As Financial Foundation Group San Antonio continued to expand through this last quarter, so has their commitment to the community. On Friday, November 13, 2009, FFG closed their office and volunteered their time with the Special Olympics San Antonio chapter. The associates of FFG met at the Bandera Bowl and Funplex [...]
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LTC Financial Partners, LLC (LTCFP) announces the formation of a new affiliate, Reverse Mortgage Direct, LLC
KIRKLAND, Wash. — This month LTC Financial Partners, LLC (LTCFP) announces the formation of a new affiliate, Reverse Mortgage Direct, LLC (RMD), which will provide reverse mortgages to Americans 62 and up. The move will bring added security to aging baby boomers, says the company. “We’re delighted to add this new service to our corporate [...]
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Maxx Merchants has partnered with PenSoft to provide PenSoft’s clients with merchant services
TAMPA, Fla. — Maxx Merchants announced today that it has partnered with PenSoft to provide PenSoft’s clients with merchant services. PenSoft is a leading manufacturer of payroll software designed to help small to mid-sized businesses and payroll service providers process payroll and related tax requirements faster, easier and more cost effectively. Through this partnership, PenSoft’s [...]
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International Document Services Advises Mortgage Lenders to Prepare for More State High-Cost Audits in 2010
SALT LAKE CITY, Utah — International Document Services, Inc. (IDS), a mortgage document preparation vendor for closing documents, initial disclosures and reverse documents, expects state mandated high-cost audits to become a more time-consuming concern for mortgage lenders in 2010 and is advising lenders to test their ability to provide evidence that meets and satisfies state-specific [...]
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International Document Services Inc. Focuses on Document Customization for Specialty Lenders, Closing Attorneys
SALT LAKE CITY, Utah — International Document Services, Inc. (IDS), a mortgage document preparation vendor for closing docs, initial disclosures and reverse documents, in 2009 marked a record-setting year for document processing volume. The IDS flagship solution, idsDoc (www.idsdoc.com), is the doc prep solution of choice for mortgage lenders and attorneys requiring customized closing documents.
“We [...]
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Del Mar DataTrac® Renames DataTrac Product Suite – Paperless Lending for 2010 Mortgage Bankers
SAN DIEGO, Calif. — Del Mar DataTrac, Inc. (DMD), the leading provider of affordable mortgage lending automation solutions, and an industry pioneer in business intelligence, document imaging and management, and loan process workflow tools, is reintroducing its DataTrac product suite with new names. DMD’s flagship product, DataTrac, has been the mortgage lending workflow automation solution [...]
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Titan Lenders Named a Preferred Provider for Flagstar Bancorp Broker-to-Banker Initiatives
DENVER, Colo. — Mortgage fulfillment outsource services expert Titan Lenders Corp has been named a preferred provider by Flagstar Bank for its wholesale lending business’s broker-to-banker initiatives. Flagstar Wholesale Lending offers those correspondent lenders who meet specific underwriting criteria a warehouse facility, and purchasing facility to support their adoption of electronic closings and notes.
Titan [...]
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Publication for Equipment Lessees Launched by The Lessee Advocate LLC
WASHINGTON, D.C. — The Lessee Advocate, LLC, announced today that it has launched the first publication dedicated to helping corporate equipment lessees improve their financial performance and leasing operations. The first issue of The Lessee Advocate includes an in-depth video interview with Ingemar Lanevi, Treasurer of NetApp (NASDAQ:NTAP), and a detailed article about “How To [...]
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Rob Katz of Del Mar DataTrac Foresees Fewer Independent Mortgage Lenders, More Community Bank ‘Skin in the Game’
SAN DIEGO, Calif. — Rob Katz, president of Del Mar DataTrac(R), Inc. (DMD), the leading provider of affordable mortgage lending automation solutions, and an industry pioneer in business intelligence, paperless lending, and loan process workflow tools, expects the number of independent mortgage bankers (IMBs) to continue to shrink in 2010 as credit line scarcity and [...]
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Taycor Financial Encourages Small Businesses to Take Advantage of Sect. 179 Tax Deduction While Helping Needy
LOS ANGELES, Calif. — Taycor Financial is a leading provider of equipment leasing and financing and has launched a nationwide drive to encourage small businesses to take advantage of the tax benefits available to them through Section 179. This IRS tax code is a provision specifically designed to bolster business investment in depreciable commercial properties [...]
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Loan-Score and Del Mar DataTrac pair for new mortgage lending systems integration
SAN DIEGO, Calif. — Del Mar DataTrac(R), Inc. (DMD), the leading provider of affordable mortgage lending automation solutions, and Loan-Score Decisioning Systems, an enterprise-class pricing and automated underwriting provider, announce the release of an enhanced Loan-Score product integration with DataTrac version 9.1. This extended seamless integration improves operational efficiency, process transparency and communication for lenders, [...]
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International Document Services Chooses DepthPR for Public Relations to Financial Services Industry
ATLANTA, Ga. — Depth Public Relations, an Atlanta, Georgia, provider of public relations, Internet search visibility and marketing strategies for the mortgage lending and financial services industry has signed International Document Services (IDS), a mortgage document preparation vendor for closing docs, initial disclosures and reverse documents. “IDS has been committed to the mortgage industry for [...]
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Atlanta, Georgia-based community bank Brand Bank, has implemented a mortgage lending platform by Del Mar DataTrac
ATLANTA, Ga. — Brand Mortgage, the residential lending unit of metro Atlanta, Georgia-based community bank Brand Bank, has implemented a mortgage lending platform by Del Mar DataTrac (DMD), the leading provider of affordable loan automation solutions for mortgage lenders, banks and credit unions. Founded in Gwinnett County in 1905, Brand Bank launched Brand Mortgage in [...]
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Capital Markets Cooperative has added IDS, Inc., to its list of preferred service providers
PONTE VEDRA BEACH, Fla. — Capital Markets Cooperative has added IDS, Inc., to its list of preferred service providers. This relationship will bring the cooperative membership greater benefits when contracting with IDS for its state-of-the-art document preparation technology. Similarly, CMC will provide best-in-class secondary marketing solutions to those banks, credit unions, and independent mortgage companies [...]
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mXpo 2009: First ever virtual mortgage conference, tradeshow and job fair attracts lenders, vendors, and 1200 attendees
AVENTURA, Fla. — mXpo 2009 Virtual Mortgage Tradeshow, the first mortgage industry-sponsored virtual tradeshow, conference and educational content event being held October 7 – 8, continues to add exhibitors including Del Mar DataTrac, MortgageDashboard, RateAlert and vLender, and has registered more than 1,200 attendees. mXpo.net provides mortgage industry professionals, including wholesale and retail originators and [...]
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Vincent Barbour joins Titan Lenders as Director of Capital Strategy and Business Development
DENVER, Colo. — Titan Lenders Corp (TLC) has added Vincent Barbour as director of capital strategy consulting for independent mortgage lenders, community banks and investment capital. In this capacity, Barbour will work with mortgage lenders and warehouse providers to secure additional funding capacity by identifying funding sources, preparing credit and collateral packages, evaluating back office [...]
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Community-based lending expert William Null foresees expansion of community bank role in revitalizing trust in mortgage industry
DENVER, Colo. — Titan Lenders Corp (TLC) has added William Null as director of business development for community banking focused on a variety of back office mortgage fulfillment services specifically directed to service the needs of community banks and credit unions. Null, a 28 year mortgage and banking veteran, has held executive roles in mortgage [...]
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Mortgage Lending Expert Mark Todd Joins Del Mar DataTrac as DMD Product Line Manager
SAN DIEGO, Calif. — Del Mar DataTrac (DMD), the leading provider of affordable loan automation solutions for mortgage lenders, banks and credit unions, has tapped mortgage lending veteran Mark Todd as a DMD Product Line Manager. Todd has more than 18 years’ mortgage lending management experience, including nearly a decade at the C-level. For more [...]
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myEnergyLoan Sponsors 2009 MXPO 2009 Mortgage Virtual Tradeshow to Promote Green Residential Lending
AVENTURA, Fla. — Green residential mortgage lending network myEnergyLoan founder and president Jeff Cole will present “Green Lending – Financing the Shift” as a sponsor of mXpo.net 2009 Virtual Mortgage Tradeshow (mXpo.net) on October 8, 2009. mXpo.net is the first mortgage industry-sponsored virtual tradeshow, conference and educational content event being conducted October 7 – 8, [...]
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Janet Manning joins Titan Lenders Corp as vice president focused on business development
DENVER, Colo. — Titan Lenders Corp (TLC) has added Janet Manning as vice president focused on business development for its back office and mortgage fulfillment services to mortgage bankers. Manning, a 25+ year mortgage lending veteran, was president of mortgage document preparation provider Tradewinds for 15 years, and served as a senior executive with a [...]
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McMonigle Finance Outsources Back Office Operation with Titan Lenders
DENVER, Colo. — McMonigle Finance, Inc., the wholesale lending arm of McMonigle Financial Group of Newport Beach, CA, has selected Titan Lenders Corp to provide back office mortgage services for its trust deed lending model. McMonigle Finance invests in first position trust deeds through its MFG Secured Income Fund I, LLC. Traditionally a highly fractionalized [...]
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Mortgage Technology’s Synergy Award Finalists include 1st Advantage Mortgage, DocuTech, Del Mar DataTrac
SAN DIEGO, Calif. — 1st Advantage Mortgage, DocuTech and Del Mar DataTrac (DMD) have been named Mortgage Technology magazine’s Synergy Award finalists, recognizing “technology initiatives and alliances that show exemplary interoperability in a production setting to advance the cause of automation and e-commerce,” according to DMD.
The three companies were chosen as finalists because of 1st [...]
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MBA’s Mike Fratantoni to deliver mXpo Keynote: ‘State of Housing Market and Macro-Economic Forecast’
AVENTURA, Fla. — mXpo.net 2009 Virtual Mortgage Trade Show, the mortgage industry-sponsored virtual trade show, conference, job fair and educational content platform flagship event on October 7 – 8 is honored that Mortgage Bankers Association (MBA) Vice President Of Single Family Research And Policy Development Mike Fratantoni will deliver the keynote presentation at 1:00 ET [...]
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Think Big Work Small CRM Marketing Co. Joins Sponsors of mXpo.net Virtual Trade Show
FAIRFIELD, Calif. — Think Big Work Small (TBWS), the mortgage lending marketing platform with a complete CRM system that allows mortgage lenders to market directly to their database with custom video will provide live demonstrations during mXpo.net 2009, the mortgage industry-sponsored virtual trade show, conference and educational content platform flagship event. Founded in 2007 by [...]
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ProClose Loan Closing Documents with Dynamic Signature Lines Solves Industry-Wide Problem
MCLEAN, Va. — Mortgage Banking Systems, Inc. (MBS), a leading mortgage closing software and technology company, is solving an industry-wide problem for lenders with the release of its most recent innovation to ProClose: Dynamic Signature Technology (DST). Until now, signature lines on mortgage closing documents have been fixed or static. The limitations were painful when [...]
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Cash-First LTC insurance Provides First-Day Cash Benefits
MINNEAPOLIS, Minn. — GoldenCare USA and American Independent Marketing are pleased to bring you a new portfolio of long-term care products from United of Omaha Life Insurance Company, a Mutual of Omaha company, which features a “first day” cash benefit at affordable rates. Cash benefit policies have long provided maximum flexibility and peace of mind, [...]
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Analysis of Foreclosure Filings in 2009 offered by BankForeclosuresSale.com
SAN FRANCISCO, Calif. — More than midway through 2009, BankForeclosuresSale.com reports that foreclosure filings are in the millions. When July 2008 foreclosure numbers are compared to July 2009, there is an increase of nearly 32 percent in foreclosure filings. And to date, BankForeclosuresSale reports that more than half of that activity has been reported in [...]
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Mortgage Technology Magazine Lists Titan Lenders Corp as Top 50 Service Provider
DENVER, Colo. — Titan Lenders Corp, an outsource services provider for mortgage lenders and their warehouse line providers has been named a 2009 Top 50 Service Provider by Mortgage Technology magazine. Back office outsource provider added warehouse lending platform to encourage alternative liquidity sources among community banks and private equity providers.
“Titan Lenders Corp, Denver, is [...]
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Financial Foundation Group Denver Helps to Clean Up Environment
DENVER, Colo. — The first half of 2009 has been an exciting and rewarding year for the representatives of the Financial Foundation Group, also known as FFG. The Financial Foundation Group continues to grow at a very fast pace. As a company, FFG is committed to their employees and the community which helps bring them [...]
Taycor Allocates $45 Million For Unique Medical Equipment Financing
LOS ANGELES, Calif. — Taycor Financial and its affiliates have allocated $45 million for vendors of medical equipment and dental equipment. Device manufacturers and distributors can now offer direct financing to their buyers through custom private-label financing programs which are specifically tailored to each vendor’s profile. “We can now set up custom vendor financing programs [...]
Low risk lending to mortgage businesses adds fee income and boosts local economy, says Titan Lenders Corp
DENVER, Colo. — Community banks that add mortgage warehouse lending to their commercial lending services not only make it possible for local mortgage businesses to operate, but they also play a role in stimulating local economies by energizing real estate markets, according to Titan Lenders Corp, an outsource services provider for mortgage lenders and their [...]
Financial Foundation Group Colorado is Building more than Just Wealth
FT. COLLINS, Colo. — 2009 has been all about helping others for the Financial Foundation Group (FFG). With the recent stock market fluctuations and devaluation, not only have representatives of FFG been helping clients protect their assets, but also helping others by volunteering more of their time. The Financial Foundation Group is excited to have [...]
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Identity theft solutions from Majestic Security and idBUSINESS are available through MortgageDashboard
DENVER, Colo. — Identity theft solutions from Majestic Security and idBUSINESS are available through MortgageDashboard, a leading on demand loan origination system enabling paperless mortgage processing for lenders, credit unions and banks. When originated through MortgageDashboard, mortgages will include a full year of borrower identity theft protection through Majestic Security’s “Because We Care” initiative. Through [...]
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Cal Net Technology Group CEO and YAO’s Liesel Pritzker to Fight Poverty Through Microfinance
LOS ANGELES, Calif. — Cal Net Technology Group (www.CalNetTech.com) has announced that Founder & CEO Zack Schuler will serve on the board with Young Ambassadors for Opportunity (YAO) Chair Liesel Pritzker to raise awareness for the organization in order to increase the involvement of young, visionary entrepreneurs. YAO, an initiative of Opportunity International, is geared [...]
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NAMB Names Red Flag Rules Preferred Provider: Majestic Security Delivers idBUSINESS Red Flag Compliance Module
CLEVELAND, Ohio — The National Association of Mortgage Brokers (NAMB) has named Majestic Security as preferred provider of the FACTA Red Flag Rules Compliance Module. Majestic Security, an identity theft protection and restoration services provider, offers mortgage brokers best practice solutions including the idBUSINESS Red Flag Compliance Module and ID Experts comprehensive identity protection [...]
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Taycor’s Free Equipment Financing Calculator Shows Businesses How to Affordably Lease Business Equipment
LOS ANGELES, Calif. — “Many business owners don’t realize that they can get the equipment they need for very little cash out of pocket,” says Bob Skibinski, CEO of Taycor Financial. “We’ve created a free online equipment financing calculator that shows you exactly what your monthly payments are going to be as well as the [...]
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Mortgage Warehouse Lending Offers Private Equity Funds ‘Safe Bet’ Conservative Investment, says Titan Lenders Corp
DENVER, Colo. — Private equity funds can achieve more immediate return on investment by funding mortgage warehouse line loans for mortgage bankers that originate 100 percent government-backed loans tagged for purchase by a GSE, according to U.S. mortgage lending services outsource expert Titan Lenders Corp. Mortgage warehouse lenders add liquidity for independent mortgage bankers by [...]
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Titan Lenders Corp says Demise of Warehouse Lenders Creates Opportunity for Local Banks and Credit Unions
DENVER, Colo. — Community financial institutions can build profitability and accelerate local economic recovery by adding mortgage warehouse line lending to their commercial offerings, according to U.S. mortgage lending services outsource expert Titan Lenders Corp (www.titanlenderscorp.com). Titan has launched a warehouse lending operations service platform to facilitate community bank and credit union entry into warehouse [...]
New Book Provides Historic Framework on Current U.S. Credit Crisis
SILVERADO, Calif. — The credit crisis is on everyone’s minds. But, complicated media jargon is nothing more than mumbo jumbo to the average person on the street. That’s why author Tony Pallante has written a book that clearly defines the current credit crisis, “From Your Wallets to Their Pockets” (ISBN: 978-1440108044, hardcover). “From Your Wallets [...]
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Westpointe Mortgage Introduces ‘Mortgage Assurance Program’ for Pennsylvania Home Buyers
PITTSBURGH, Pa. — Westpointe Mortgage has launched an unprecedented program to protect home buyers and existing homeowners in today’s uncertain economic environment. Effective immediately, Westpointe Mortgage will offer a mortgage protection benefit that will allow borrowers to receive payments to cover their monthly mortgage for up to 6 months should they become involuntarily unemployed. This [...]
Foreclosure Investments are Vital to Economy says ForeclosureDataBank
NEW YORK, N.Y. — Brivin Corporation, a premier developer of Internet-based marketing initiatives, announces ForeclosureDataBank – one of the biggest and most accurate foreclosure listing databases on the Web – is ready for action. The country can no longer escape the foreclosure crisis. It’s on the news, in the paper, and on the radio. [...]
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New Currency Counter Cleaning Card from KICTeam Extends Life of Equipment Used in Banking and Other Industries
AUBURN, Maine — A Currency Counter Cleaning Card utilizing Waffletechnology(TM) is being released today by KICTeam. This advanced design employs state-of-the-art cleaning card “waffles” to clean the note recognition lenses within the machine. These optics are critical for accurate counting and denomination recognition but were previously unreachable without dismantling the equipment. The new cleaning card [...]
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Direct Federal TARP Funding for Warehouse Line Lending a ‘Frontline’ Approach to Mortgage Industry Issues
DENVER, Colo. — Extending TARP funds to bolster mortgage warehouse line lending capacity will ease frontline liquidity challenges as lowering interest rates motivate solid, low risk borrowers to seek new or refinanced mortgages, and allows lenders to deliver high quality investment grade mortgages to the market, according to the blog (titanlenderscorp.com/blog/) published by the founder [...]
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Proposed Online Belgium Bank Seeks Foreign Bank Partner or Investor
NEW YORK, N.Y. — Maurits Paul Rijkeboer announces the launch of Money.Be, a new online bank that operates out of Belgium. “The current state of Belgium banks is disastrous,” Rijkeboer, the CEO of Money.Be says. “That’s why we have created Money.Be. We are confident that our foreign bank partner or investor will benefit and customers [...]
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Banking Veteran Marshall V. Laitsch Joins Board of 1st Pacific Bancorp
SAN DIEGO, Calif. — 1st Pacific Bancorp (NASDAQ: FPBN), the parent of 1st Pacific Bank of California, announced today the appointment of Marshall V. Laitsch as a director of 1st Pacific Bancorp and 1st Pacific Bank. A seasoned Southern California banking veteran, Marshall Laitsch has over thirty-five years of experience in community and regional banking [...]
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KICTeam Develops New Cleaning Product for Epson’s TM-J9000 Check Scanners
AUBURN, Maine — KICTeam, the industry leader in the manufacture of technical cleaning cards, is pleased to announce that the company has developed the Waffletechnology(TM) Cleaning Card for Epson’s TM-J9000 series of check scanners. The cleaning card provides Epson customers a way to efficiently clean all parts of the device including the transport, track, MICR [...]
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KICTeam and Canon USA Use Waffletechnology in the New Canon CR-Series Check Transport Cleaning Card
AUBURN, Maine — KICTeam, the industry leader in the manufacture of cleaning cards, and Canon U.S.A., Inc. (NYSE:CAJ), a leading provider of digital imaging technology, today announce the use of Waffletechnology(TM) in the new Canon CR-Series Check Transport Cleaning Card. In an effort to increase efficiency and lower maintenance costs, the Canon CR-Series Check Transport [...]
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Maxx Merchants Announces Expansion in Tampa, Florida – Headed by Jay Crotty
LONE TREE, Colo. — Maxx Merchants announced today that it has signed an agreement to launch a Maxx Merchants Office to service the greater Tampa, Florida region. Maxx Merchants has unveiled a revolutionary way to approach the merchant processing industry. To maintain this laser focus on the client, Maxx is rolling out offices throughout the [...]
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Clareity Security Expands TEXT-pass+ Features to Include Cell Phone Alerts
SCOTTSDALE, Ariz. — Clareity Security Financial Services Group, a leading supplier of financial industry information security and identity authentication solutions announced today that their TEXT-pass+ line of customer authentication and transaction verification solutions will be expanded to include several key mobile banking functions. TEXT-pass+ already provides strong, two-factor authentication for securing online banking sessions by [...]
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Ecologic Leasing Solutions Acquires Captara Software
SAN FRANCISCO, Calif. and WASHINGTON, D.C. — Ecologic Leasing Solutions announced today that it completed the acquisition of Captara Corporation, a San Francisco, Calif.-based lease management software company, which had been Ecologic’s main competitor. “Captara software enables users to easily plan and manage their corporate equipment lease portfolio. We were most interested in their lessor [...]
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American Financial Strategies to Match CEOs with Wealth-Qualified Investors
SAN CLEMENTE, Calif. — American Financial Strategies (AFS) and its experienced executive team of professionals officially launched its unique and exclusive CEO / investor matching service today. AFS offers CEOs the opportunity to raise critically needed capital by providing strong awareness programs that communicate directly with the industry’s largest data base of premium wealth qualified [...]
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Capital Market Tech Partners with Better ATM Services
MESA, Ariz. and LONDON, U.K. — Capital Market Technologies (OTCBB:CMKT) has reached an agreement with Better ATM Services, Inc. to license the rights to distribute Better ATM Services’ patented, groundbreaking technology throughout the European markets. Better ATM Services’ breakthrough process enables existing automated teller machines to dispense gift cards and other pre-paid media, premiums, and incentives from ATM trays – just like cash.
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Personal Finance Newsletter for Young Adults Can Be a Smart Graduation Gift
SACRAMENTO, Calif. — After three years of research and development, MONEYSCHOOL Corporation (www.moneyschool.com) has launched KaChing!, an innovative electronic newsletter with a unique approach to educating young adults about personal finance, money management, and consumer economics. MONEYSCHOOL expects the newsletter to be a popular graduation gift from parents and grandparents to this year’s high school and college grads.
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Bondtrac, Inc. Launches Direct Counterparty Fixed-Income Live Order Message System
OKLAHOMA CITY, Okla. — Bondtrac, Inc. (www.bondtrac.com), a privately-held fixed-income information and analytics provider announced today the launch of Bondtrac Live Order Message, a pre-trade disclosed direct counterparty message system for the fixed income industry. The Live Order Message system maintains full price transparency with orderable offerings directly between counterparties without intermediary mark-up or commissions.
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Frank J. Mercardante Resigns from 1st Pacific Bancorp Board of Directors
SAN DIEGO, Calif. — 1st Pacific Bancorp (NASDAQ: FPBN) announced today that Frank J. Mercardante, a member of the board of directors of 1st Pacific Bancorp since July 2007, resigned from the Company’s board. Prior to his appointment as a director of 1st Pacific Bancorp, Mr. Mercardante was Chairman and CEO of Placer Sierra Bank and previously was President and Chief Executive Officer of Southwest Community Bancorp since 1998.
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LogicEase Receives Notice of Allowance in the U.S. for Automated Loan Compliance Patent
SAN FRANCISCO, Calif. — LogicEase Solutions Inc., provider of the mortgage industry’s leading suite of risk management solutions – ComplianceEase(R), announced today it has received a Notice of Allowance for a patent on its automated compliance system from the United States Patent and Trademark Office. The allowed patent, “System and Method For Automated Compliance With Loan Legislation” primarily encompasses the ComplianceAnalyzer(R) automated compliance system.
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Mortgage Company Aids North Carolina Home Buyers Through Affordable Federally Guaranteed Mortgage
RALEIGH, N.C. — Not a day goes by without the media reporting on the national mortgage meltdown and tightening guidelines for home loans. But one local mortgage company committed to affordable home ownership for North Carolinians found a way to help rural areas residents become homeowners. Veritas Mortgage Funding, a Raleigh based mortgage firm now offers a great alternative to traditional, more costly mortgages.
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New York Based Implementation Solutions LLC Opens Newest Office in Sydney, Australia
NEW YORK, N.Y. — Implementation Solutions LLC, a technology consulting firm that services global investment management customers, announced today that it has formulated a subsidiary organization in Australia named Implementation Solutions PTY LTD. Simultaneously it also announced the opening of its seventh office, this time on Kent Street in Sydney, Australia.
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Calyx Point Loan Origination System Users Rely on ComplianceEase for Regulatory Compliance Audit
SAN FRANCISCO, Calif. — ComplianceEase(R), a leading provider of mortgage industry automated compliance and risk management solutions, announced today that its automated compliance system, ComplianceAnalyzer(R), will be available on Calyx Point’s WebConnect(TM) platform on January 10th, 2008.
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KIC Products Announces the Release of a Panini Waffletechnology Check Processor Cleaning Card
AUBURN, Maine — Panini and KIC Products are pleased to announce the release of the Panini Waffletechnology Check Processor Cleaning Card. This product is designed to work with Panini My Vision X(R) Check Scanners through strategic positioning of the Waffletechnology design.
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Irwin Home Equity Selects LogicEase’s DecisionEase POS System
SAN FRANCISCO, Calif. — LogicEase Solutions Inc., the maker of the industry-leading risk management application ComplianceEase(R), today announced that Irwin Home Equity, a subsidiary of Irwin Union Bank and Trust Company (Irwin), has deployed the DecisionEase(TM) POS Master(TM) portal in just eight weeks.
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Applied Business Software, Inc. and Reliable Trust Deed Services Announce Strategic Partnership
LOS ANGELES, Calif. — Applied Business Software Inc. (“ABS”), developer of The Mortgage Office(TM), the leading loan servicing software solution for the lending industry, and Reliable Trust Deed Services (“RTDS”), a foreclosure trustee dedicated to providing the most efficient, timely and personal service in the industry, announced today that they have formed a strategic partnership to provide full product integration between The Mortgage Office(TM) and the services provided by RTDS.
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Credit Cash LLC Has Entered the Cash Advance Industry
NEW YORK, N.Y. — Credit Cash LLC saw a need for lower cost financing for companies that accept credit cards, and has entered the cash advance industry. All of Credit Cash’s advances are structured as loans so clients can know exactly what rate they are paying. Alternatively, the industry norm is to structure transactions as a “purchase of future credit card sales.”
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Alterian Streamlined Campaign Management to Save UK’s Alliance & Leicester Time and Money with Operational Marketing
CHICAGO, Ill. — Alterian (LSE: ALN), the leading global enterprise marketing platform provider, announced today that Alliance & Leicester, one of the UK’s major financial services groups, has implemented Alterian’s operational marketing software, Organizer, to help streamline its campaign management processes.
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VA Loan Program Co. Leaves Benchmark Mortgage and Unites with First Community Bank
PLANO, Texas — This unity will allow VA Loan Program to service all 50 states and add additional loan programs to their current product line. VA Loan Program is a national leader in providing mortgages to veterans. VA Loan Program recently launched VALoanAssistant.com for online consumer research and online VA loan assistance.
Applied Business Software, Inc. and Ellie Mae Announce Strategic Partnership
LOS ANGELES, Calif. — Applied Business Software Inc. (ABS), developer of The Mortgage Office(TM), the leading loan servicing software solution for the lending industry, and Ellie Mae Inc., an award-winning provider of innovative software and services for the mortgage industry, announced today that they have formed a strategic partnership to provide full product integration between The Mortgage Office(TM) and Encompass(R) mortgage automation system.
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Bondtrac, Inc. Announces Live Bond Market Products with Full Price Transparency
OKLAHOMA CITY, Okla. — Bondtrac, Inc. announced today the launch of LiveNetwork, a series of fully disclosed, true counterparty pre-trade information systems for the fixed income industry. Building on the success of Bondtrac’s direct access bond offering information and analytics products, LiveNetwork delivers innovative functionality for real time intra-firm fixed income information and order management.
Secrets of a Renegade Mortgage Broker and ‘Lending Champion’ Revealed
CHICAGO, Ill. — Outspoken and unconventional Chicago mortgage broker, Scott Tucker, has been named one of Metro Chicago Real Estate Magazine’s Top 40 2006 Lending Champions… and named by his own competitors, n the magazine’s Lending Champions special feature.
Seasoned Trade Lines Goes Head-to-Head with Credit Industry Watchdogs
LARGO, Fla. — Companies that promise to raise credit scores in short periods of time are deemed fraudulent by many lenders, but according to Seasoned Trade Lines, Inc., a Florida-based, credit-repair company, the practices are highly effective and completely legitimate. Seasoned Trade Lines boosts clients’ credit by adding them to established credit card holders’ accounts; they promise to raise credit scores by as much as 100 points or more in as little as 30 days.
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Phoenicia Group Introduces Libya Fund; Launches Breakthrough Libya-Focused Private Equity Fund
TRIPOLI, Libya — Phoenicia Group Libya (www.phoenicia.ly), the leading U.S.-Libyan diversified business and consultancy group, announced today Libu Capital S.A, its dedicated Libya-centered private equity firm offshoot, has secured $95,000,000 in commitments surpassing initial expectations and reaching its first close target for its $300,000,000 Tripoli-based Libya Fund.
Premier General Finance Makes a Splash with New Product Offering that Makes Loan Sharking Legal
CLEARWATER, Fla. — What lurks beneath the dark and mysterious financial waters? It’s Premier General Finance which has one goal in mind: to obtain working capital for small- to medium-sized businesses in as little as 72 hours for as much as $500,000.
Convexity Leverages CorrectNet’s Expertise – infiPOINT Platform Delivered for Investor Reporting
NEW YORK, N.Y. — CorrectNet, Inc. today announced that Convexity Capital Management LP has completed the launch of a new investor reporting application powered by the industry leading infiPOINT platform. The application enables Convexity to deliver account statements, reports and fund level documents to investors in Convexity-managed funds.
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LaCrosse Global Fund Services to Utilize CorrectNet infiPOINT Platform for Enhanced Manager Reporting
NEW YORK, N.Y. — CorrectNet today announced that LaCrosse Global Fund Services has selected the infiPOINT(TM) platform as its hedge fund manager reporting application. The system enables LaCrosse to provide hedge fund clients with online access to hundreds of back-, middle- and front-office reports on operations management.
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ComplianceEase Announces Release of TPO Manager
SAN FRANCISCO, Calif. — ComplianceEase(R), the mortgage industry’s standard for automated compliance, has announced the upcoming release of TPO Manager, an innovative and cost-saving third-party originator (TPO) management solution that enables more efficient broker and correspondent lender relationships. TPO Manager automates the approval, licensing verification and relationship management of third party originators, making the previously cumbersome manual process of broker and correspondent lender approval and management faster, more accurate and highly cost-effective.
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Fetter Logic and Advisors Clearing Network Announce Agreement
DENVER, Colo. — Fetter Logic, Inc., the premier full service provider of advanced data and information management solutions to the financial services industry announced today that it has entered into an agreement to assume all aspects of sales and operations for Advisors Clearing Network, Inc. (ACN).
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iMAX Business Solutions Continues Expansion with Southwest Sales Office
SCOTTSDALE, Az. — iMAX Business Solutions, the leading Internet provider of credit card machines and credit card terminals, is pleased to announce the opening of their Southwest sales office. The office is currently under construction in Scottsdale, Arizona. and should open winter 2006.
Brown Investments, Inc. Announces ATM Placements in Tennessee and Mississippi Airports
NASHVILLE, Tenn. — The Memphis International Airport and the Tunica Airport in Mississippi are part of Brown Investments’ plan to expand into the airports, hotels and office buildings markets. Brown Investments, Inc. is a full-service business brokerage and investments firm, specializing in the placement and sale of ATMs.
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iMAX Business Solutions Launches Split Rate Program
DENVER, Colo. — iMAX Business Solutions (cmscreditcards.com), specializing in providing merchants with technologically sophisticated and secure payment gateways for all types of transaction processing, today announced the launch of their new Split Rate Program allowing businesses to process credit card transactions through any credit card terminal or credit card machine at the lowest rate possible.









