Banking and Finance

Banking and Finance
Banking Industry News, Mortgage Finance, and Payment Processing

SAN DIEGO, Calif. /eNewsChannels/ -- NEWS: The Mortgage Collaborative, an independent lending cooperative serving small and mid-sized mortgage lenders and community-based lending institutions, has deepened its senior executive team with the addition of two new hires, announced the Collaborative's Chairman, John Robbins, CMB.

LANSDALE, Pa. /eNewsChannels/ -- NEWS: Global DMS, a leading provider of web-based compliant valuation management software, announced that its president and chief executive officer, Vladimir Bien-Aime, has been named to Mortgage Banking magazine's prestigious 2015 Tech All-Stars list. The award was presented to Mr. Bien-Aime at a ceremony during the annual MBA Technology Conference and Expo held at the Hyatt Regency in Orlando, Florida.

SAN DIEGO, Calif. /eNewsChannels/ -- NEWS: The Mortgage Collaborative, an independent lending cooperative serving small and mid-sized mortgage lenders and community-based lending institutions, has implemented several changes to its Board of Directors and executive management team, announced the Collaborative's current Chairman, John Robbins, CMB.

SAN DIEGO, Calif. /eNewsChannels/ -- NEWS: MCT Trading, Inc., a recognized industry leader in mortgage risk management providing pipeline hedging, best-execution loan sales and centralized lock desk services, announced that Joel Dulmage has joined the company in the capacity of regional sales director. Mr. Dulmage will be responsible for new business development and client service management in the Midwest territory.

ALTAMONTE SPRINGS, Fla. /eNewsChannels/ -- NEWS: CCMC Inc., the financial industry's integration experts, has announced a new offering available for its Mortgage Loan Connector solution, providing customers with greater flexibility when changing systems.

TROY, Mich. /eNewsChannels/ -- NEWS: United Wholesale Mortgage (UWM), one of the nation's largest and fastest growing wholesale lenders, announced that it launched Pronto, an expert help desk for its partners that gets any and all loan questions answered fast and efficiently.

SAN DIEGO, Calif. /eNewsChannels/ -- NEWS: California-based ReverseVision, Inc., the leading software and technology provider for the reverse mortgage industry, has added a new Operations Team to their growing company. This team will be focused exclusively on product operations, system monitoring, capacity planning, backup, recovery, hosting management and product release.

SANTA ANA, Calif. /eNewsChannels/ -- NEWS: Veros Real Estate Solutions, an award-winning industry leader in enterprise risk management, collateral valuation services and predictive analytics, reports that the residential market is gaining momentum with a greater percentage of markets expected to increase in value over the next 12 months, moving upwards to 86% from last quarter's 82 percent.

ADDISON, Texas /eNewsChannels/ -- NEWS: Mid America Mortgage, Inc. owner and CEO Jeff Bode announced Adam Rieke has joined the organization as director of national TPO lending. Rieke brings an extensive track record of success in the mortgage lending arena. Over the last 23 years, he has built and managed several highly profitable wholesale lending operations.

NEW YORK, N.Y. /eNewsChannels/ -- NEWS: New York-based Weitz and Luxenberg, P.C. has announced it is investigating claims from customers of Pioneer Bank who suffered - or fear they soon will suffer - economic harm from a data breach made possible by the Jan. 26 theft of one of the Troy, New York-based financial institution's laptop computers.

TROY, Mich. /eNewsChannels/ -- NEWS: United Wholesale Mortgage, one of the nation's largest and fastest growing wholesale lenders, today announced the availability of Freddie Mac's new Home Possible(R) Mortgage program, which enables first-time home buyers and low- to moderate-income borrowers to achieve home ownership with only a three percent down payment.

MILL VALLEY, Calif. /eNewsChannels/ -- NEWS: ArteQuesta, a California-based fine art investment company, today announced the acceptance of Bitcoin as a method of payment for the purchase of artworks. Without excluding the typical form of monetary exchange, ArteQuesta is the first and only organization in the art investment world to accept Bitcoin.

SALT LAKE CITY, Utah /eNewsChannels/ -- NEWS: Mortgage document preparation vendor International Document Services, Inc. (IDS), announced 2014 as a record year, generating the most initial disclosure docs in a single year in the company's history. In addition, IDS set a company record in January 2015 for the most amount of initial disclosures generated in a single month. Total initial disclosure volume for the company in 2014 increased 13.6 percent over 2013.

SAN DIEGO, Calif. /eNewsChannels/ -- NEWS: ReverseVision, Inc., the leading software and technology provider for the reverse mortgage industry, announced it has been included in the 2015 edition of HousingWire's HW TECH100 list.

TROY, Mich. /eNewsChannels/ -- NEWS: United Wholesale Mortgage, one of the nation's largest and fastest growing wholesale lenders, announced today the release of Elite ARM, a new loan product that has been added to its Elite and Elite High Balance program.

TROY, Mich. /eNewsChannels/ -- NEWS: Michigan-based United Wholesale Mortgage, one of the nation's largest and fastest growing wholesale lenders, announced that its president and CEO, Mat Ishbia, will be speaking on a webinar regarding brokers gaining market share in 2015. The webinar will be held March 18, 2015 from 11 a.m. - 12 p.m. PDT (2 - 3 p.m. EDT).

TORRANCE, Calif. /eNewsChannels/ -- NEWS: DocMagic, Inc., the premier provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions, announced that HousingWire magazine designated the company to its 2015 HW TECH100(TM) list. The list honors the 100 most innovative technology companies serving the U.S. mortgage finance and real estate industries.

SANTA ANA, Calif. /eNewsChannels/ -- NEWS: Veros Real Estate Solutions, an industry leader in enterprise risk management, collateral valuation services and predictive analytics, today announced today that it has been named the winner of the 'Market Influence' category in the 2015 edition HousingWire HW TECH100 list.

SAN DIEGO, Calif. /eNewsChannels/ -- NEWS: ReverseVision, Inc., a leading software and technology provider for the reverse mortgage industry, has released an update to their RV Exchange LOS that includes all Financial Assessment critical screens and calculations. This release was targeted to meet the Department of Housing and Urban Development's (HUD's) original Financial Assessment (FA) implementation date of March 2, 2015.

TROY, Mich. /eNewsChannels/ -- NEWS: United Wholesale Mortgage (UWM), one of the nation's largest and fastest growing wholesale lenders, announces that it has significantly enhanced its loan tracking technology called UTrack, which was redesigned specifically to allow borrowers and real estate agents to have real-time access to track their purchase and refinance loans.