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United Wholesale Mortgage Enhances its UTRACK Loan Tracking Technology for Wholesale Lenders

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.

TOPICS: Banking and Finance, Computing, Newsdesk, State: Michigan
 
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Pat Brown named Project Manager for SummerPlace Development by PDC CEO Emilio N. Francisco

COSTA MESA, Calif. /eNewsChannels/ — NEWS: Emilio N. Francisco, Chairman and Chief Executive Officer of private equity firm PDC Capital Group, this week announced that Mr. Pat Brown is joining senior housing real estate company SummerPlace Development as Project Manager overseeing the development of SummerPlace Assisted Living and Memory Care projects.

TOPICS: Banking and Finance, California, Construction, Newsdesk
 
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Financial compliance expert Joanna Shelton joins Mid America Mortgage, Inc.

ADDISON, Texas /eNewsChannels/ — NEWS: Mid America Mortgage, Inc. today announced it has hired financial compliance expert Joanna Shelton as the company’s next compliance manager. In addition, Shelton will oversee compliance for Mid America’s sister company Mortgage Machine Service and its flagship loan origination system (LOS) Mortgage Machine. Shelton brings more than 19 years of compliance expertise to Mid America.

TOPICS: Banking and Finance, Business, Newsdesk, State: Texas
 
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Despite 2015 HUD Financial Assessment Changes in Mortgage Industry, ReverseVision on Track

SAN DIEGO, Calif. /eNewsChannels/ — NEWS: John Button, CEO of leading reverse mortgage software and technology provider ReverseVision, says the Department of Housing and Urban Development’s (HUD) decision to delay implementation of its Financial Assessment (FA) rules provides a better opportunity for lenders to get the required technology changes including: ReverseVision’s, HUD’s and other systems implemented into their processes.

TOPICS: Banking and Finance, California, Computing, Newsdesk
 
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Emilio N. Francisco of PDC Capital announces firm to raise $45M for biodegradable cleaning products co. using EB-5 funds

COSTA MESA, Calif. /eNewsChannels/ — NEWS: Emilio N. Francisco, Chairman and Chief Executive Officer of private equity firm PDC Capital Group, today announced that PDC is raising $45 million in EB-5 immigrant investor funds to assist biodegradable organic chemical products firm Clear Currents, Inc.

TOPICS: Agriculture, Banking and Finance, Business, California, Newsdesk
 
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Quandis Inc. announces Quandis Loan Servicing SaaS to automate the lifecycle of loans in default

FOOTHILL RANCH, Calif. /eNewsChannels/ — NEWS: Quandis, Inc., a leading provider of default servicing software, announced that it launched Quandis Loan Servicing (QLS), an end-to-end default management platform that automates and compliantly manages the default process from start to finish. QLS is offered as an all-in-one system and also as modules so various components can be leveraged by servicers based on individual needs.

TOPICS: Banking and Finance, California, Computing, Newsdesk
 
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MBA Technology Conference’s First-Ever Tech Showcase to include QC Benchmarking Tool ACES Analytics

POMPANO BEACH, Fla. /eNewsChannels/ — NEWS: ACES Risk Management (ARMCO), a leading provider of web-based quality control software for the financial services industry, announced it has been selected to present during the inaugural ‘Technology Showcase. at the Mortgage Bankers Association’s (MBA’s) National Technology in Mortgage Banking Conference and Expo 2015 in Orlando.

TOPICS: Banking and Finance, Computing, Newsdesk, State: Florida
 
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ShortSave CEO Karl Falk Points Servicers to Borrower Self-Service Technology for CFPB Compliance

MONUMENT, Colo. /eNewsChannels/ — NEWS: Karl Falk, CEO of ShortSave, Inc., the provider of an award-winning borrower-facing mortgage default servicing system, foresees servicers being hamstrung by the human-powered servicing model in meeting the Consumer Financial Protection Bureau’s proposed amendments to its servicer rules.

TOPICS: Banking and Finance, Newsdesk, State: Colorado
 
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Strategic capital and analytics solution provider MorVest Capital says recent changes on FHA loans will impact mortgage servicing

DALLAS, Texas /eNewsChannels/ — NEWS: MorVest Capital, a specialized investment firm focused on providing strategic capital and analytics solutions to the mortgage banking and residential finance industry, is drawing mortgage servicers’ attention to the impact two recent changes will have on mortgage servicing rights fair value for FHA loans.

TOPICS: Banking and Finance, Computing, News: Real Estate, Newsdesk, State: Texas
 
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DocMagic Inc. has completed its integration with the MERS eRegistry

TORRANCE, Calif. /eNewsChannels/ — NEWS: DocMagic, Inc., a leading provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions for the mortgage industry, today announced that the firm has now completed its integration with the MERS(R) eRegistry, making it one of only a few industry vendors to integrate with the widely used system.

TOPICS: Banking and Finance, California, Computing, Newsdesk
 
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Reverse mortgage industry leader ReverseVision, Inc. welcomes Wendy Peel as VP Sales and Marketing

SAN DIEGO, Calif. /eNewsChannels/ — NEWS: ReverseVision, Inc., the leading technology provider for the reverse mortgage industry, today announced that seasoned marketing executive Wendy Peel has joined the company as its vice president of sales and marketing. In this position, Wendy will be responsible for managing the ReverseVision brand, working with product development and broadening brand awareness among forward lenders and financial planners.

TOPICS: Advertising, Banking and Finance, California, Newsdesk
 
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Loan document preparation firm DocMagic Inc. implements MISMO Version 3.3

TORRANCE, Calif. /eNewsChannels/ — NEWS: DocMagic, Inc., the mortgage industry’s leader in compliant loan document preparation and driver of complete eMortgage adoption, announced that its entire solution set now adheres to version 3.3 of the Mortgage Industry Standards Maintenance Organization (MISMO) Reference Model.

TOPICS: Banking and Finance, California, Computing, Newsdesk
 
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Mark Mackey named CEO of mortgage document preparation vendor International Document Services, Inc.

SALT LAKE CITY, Utah /eNewsChannels/ — NEWS: Mortgage document preparation vendor International Document Services, Inc. (IDS) today announced it has promoted former Executive Vice President Mark Mackey to chief executive officer. Mackey began his career with IDS as a member of the sales team in Spring 1999. He is the first CEO in the company’s history.

TOPICS: Banking and Finance, Business, Newsdesk, State: Utah
 
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Bank of Southern California N.A. (OTC:FBBN) completed private placement of approximately $7.2 million of its common stock

SAN DIEGO, Calif. /eNewsChannels/ — NEWS: Bank of Southern California, N.A. (OTCMKTS:FBBN) (the ‘Bank’) announced today that it completed a private placement of approximately $7.2 million of its common stock, positioning the Company to grow its Southern California Franchise.

TOPICS: Banking and Finance, Business, California, Newsdesk
 
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ABS Vegas Conference 2015: Veros Real Estate Solutions CEO Darius Bozorgi a Panelist

SANTA ANA, Calif. /eNewsChannels/ — NEWS: Veros Real Estate Solutions, an award-winning industry leader in enterprise risk management, collateral valuation services and predictive analytics, announces that CEO Darius Bozorgi will be a panelist at the 2015 ABS Vegas conference, the largest capital markets conference in the world.

TOPICS: Banking and Finance, California, Computing, News: Real Estate, Newsdesk
 
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ARMCO ACES Risk Management Tableau Integration provides ACES customers with interactive, sharable reports

POMPANO BEACH, Fla. /eNewsChannels/ — NEWS: ARMCO – ACES Risk Management, a leading provider of web-based quality control software for the financial services industry, announced it has enhanced the reporting capabilities of ACES Web Audit Technology through an innovative integration with Tableau Software, a global leader in rapid-fire, easy-to-use business analytics software.

TOPICS: Banking and Finance, Computing, Newsdesk, State: Florida
 
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Mortgage Machine Services Offers Source Code to its Loan Origination System to Mortgage Industry

ADDISON, Texas /eNewsChannels/ — NEWS: Mortgage Machine Services (MMS), a leading provider of enterprise lending solutions, today announced it will begin offering the source code to Mortgage Machine(TM), its flagship loan origination system (LOS), to the entire mortgage industry. Previously hosted as a SaaS solution for a select group of mortgage banks, Mortgage Machine is a highly customizable origination platform that supports Retail, Wholesale and Correspondent lending.

TOPICS: Banking and Finance, Computing, Newsdesk, State: Texas
 
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Titan Lenders Corp. announces that 2014 was one of its most successful years to date

DENVER, Colo. /eNewsChannels/ — NEWS: Mortgage services expert Titan Lenders Corp. (Titan) announced that 2014 was one of its most successful years to date for both Titan and its correspondent investment subsidiary Titan Capital Solutions (TCS).

TOPICS: Banking and Finance, Business, Computing, Newsdesk, State: Colorado
 
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Phil Rasori of MCT Trading, Inc. named to Annual Top 40 Under 40 List by National Mortgage Professional Mag

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 its COO, Phil Rasori, was named one of the Top 40 Most Influential Mortgage Professionals Under 40 by National Mortgage Professional magazine.

TOPICS: Banking and Finance, California, Computing, Newsdesk
 
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Mortgage Tech Leader, United Wholesale Mortgage, Unveils Feature Rich Loan Origination System for Mortgage Partners

TROY, Mich. /eNewsChannels/ — NEWS: United Wholesale Mortgage (UWM), one of the nation’s largest and fastest growing wholesale lenders, today announced that it officially launched a completely new loan origination system (LOS) that is loaded with features and tools for brokers and correspondents. The proprietary technology replaces UWM’s previous LOS and offers many benefits for its broker and correspondent partners.

TOPICS: Banking and Finance, Computing, Newsdesk, State: Michigan
 
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Colorado’s Titan Capital Solutions is Now Purchasing ‘Scratch and Dent’ Mortgage Loans

DENVER, Colo., /eNewsChannels/ — NEWS: Titan Capital Solutions, a wholly-owned correspondent investment subsidiary of mortgage services provider Titan Lenders Corp., today announced it has begun purchasing lenders’ ‘scratch and dent’ production – loans rejected by the GSEs and private investors due to data, document and compliance errors with varying degrees of severity.

TOPICS: Banking and Finance, Business, Newsdesk, State: Colorado
 
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Content Marketing Company Truebridge Announces Cybersecurity Content Update

BOSTON, Mass. /eNewsChannels/ — NEWS: Truebridge, Inc., a content marketing company serving the financial industry, is excited to announce the newest update to its Content Marketing System. Threats to cyber security have become increasingly prevalent over the last few years.

TOPICS: Advertising, Banking and Finance, Newsdesk, State: Massachusetts
 
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AMA Acquisitions President Zack Ali wants to help sell your operating company with annual revenue of 1M to 10M

NEW YORK, N.Y. /eNewsChannels/ — NEWS: AMA Acquisitions is a private equity firm in New York State that has a credit facility in place to make acquisitions of companies in manufacturing, distributing and other major industries through debt and equity financing. AMA Acquisitions President Zack Ali says you can sell your company in 90 days.

TOPICS: Banking and Finance, Business, Newsdesk
 
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Mortgage fulfillment outsource services expert Titan Lenders Corp. Closes General Fulfillment Division

DENVER, Colo. /eNewsChannels/ — NEWS: Mortgage fulfillment outsource services expert Titan Lenders Corp. today announced it will exit its retail general fulfillment service offering, which includes contract underwriting, closing, funding and post-closing for retail mortgage lenders, effective Jan. 31, 2015.

TOPICS: Banking and Finance, Business, Newsdesk, State: Colorado
 
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Hungry, an online food-delivery portal, grows by accepting Bitcoin payments using Coinify

COPENHAGEN, Denmark /eNewsChannels/ — NEWS: Six months ago, Hungry, an online food-delivery portal connecting over 800 restaurants, started accepting Bitcoin payments using Coinify. After customers began asking about paying with Bitcoin, Hungry saw an opportunity to attract extra business. They chose Coinify Bitcoin payments because of their fraud-free, zero-chargeback alternative, and because Coinify enables them to receive Bitcoin payments directly to their bank account in local currency.

TOPICS: Banking and Finance, Internet, Newsdesk, World: Denmark
 
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NCIT TransactAPI 2.0 is First Transaction Platform for Funding Portals, Broker-Dealers and Private Issuers

SALT LAKE CITY, Utah /eNewsChannels/ — NEWS: North Capital Investment Technology has released TransactAPI 2.0 (TAPI 2.0), the first comprehensive transaction platform for funding portals, broker-dealers and private issuers. TransactAPI 2.0 is a software as a service solution designed to facilitate the offering, transaction and settlement of private offerings.

TOPICS: Banking and Finance, Internet, Newsdesk, State: Utah
 
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Pacific Union Financial Signs with OpenClose to Wholesale Lending

WEST PALM BEACH, Fla. /eNewsChannels/ — NEWS: OpenClose, an enterprise-class end-to-end loan origination system (LOS) provider, announced that Pacific Union Financial, LLC signed with the company to implement its multi-channel, 100 percent browser-based LOS platform, LenderAssist(TM). The comprehensive solution will automate Pacific Union Financial’s wholesale lending functions from start to finish and establish complete data control and visibility over processes.

TOPICS: Banking and Finance, Computing, Newsdesk, State: Florida
 
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Mid America Mortgage, Inc. to Integrate Affinity Lending Solutions, LLC into Mortgage Platform

ADDISON, Texas /eNewsChannels/ — NEWS: Mid America Mortgage, Inc. owner and CEO Jeff Bode, and Houston-based Affinity Lending Solutions, LLC, president and CEO Scott R. Valby, today announced their intention to integrate Affinity’s production operations and branch network into Mid America’s mortgage platform.

TOPICS: Banking and Finance, Business, Computing, Newsdesk, State: Texas
 
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Quandis to Partner with Banks and Servicers for New Military Personnel Program

FOOTHILL RANCH, Calif. /eNewsChannels/ — NEWS: Quandis, Inc., a leading provider of mortgage servicing software, today announced that it rolled out a website to help address President Obama’s New Executive Actions to assist service members, veterans and their families.

TOPICS: Banking and Finance, California, Newsdesk, Videos
 
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Investor Edge empowers UWM’s broker partners to help borrowers in the market for investment properties

TROY, Mich. /eNewsChannels/ — NEWS: United Wholesale Mortgage, one of the nation’s largest and fastest growing wholesale lenders, announced that it rolled out a new product called Investor Edge, which is designed specifically for borrowers that are looking to purchase or refinance non-owner occupied investment properties.

TOPICS: Banking and Finance, Business, Computing, Newsdesk, State: Michigan
 
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Technology Innovator ShortSave Inc’s Distressed Mortgage Work Out Solution Wins 2014 Servicing Trailblazer Award

MONUMENT, Colo. /eNewsChannels/ — NEWS: Mortgage industry technology innovator ShortSave, Inc. was awarded the coveted Servicing Trailblazer Award at the 15th Annual Mortgage Technology Awards Ceremony on October 19 in Las Vegas. ShortSave helps distressed borrowers work out their loans with their lenders in a matter of days.

TOPICS: Banking and Finance, Newsdesk, State: Colorado
 
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MorVest Capital LLC has closed another mortgage servicing rights (MSR) credit facility for a Virginia company

DALLAS, Texas /eNewsChannels/ — NEWS: MorVest Capital, LLC, in concert with its funding partner Customers Bank (NASDAQ:CUBI), today announced that this week it has closed another mortgage servicing rights (MSR) credit facility for a Virginia company, adding to its growing tally. MorVest Capital is a boutique investment firm primarily focused on providing capital and strategic solutions to the mortgage banking and residential finance industry.

TOPICS: Banking and Finance, Business, Newsdesk, State: Texas
 
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Jody Collup of Global DMS named to 2014 ‘Influential Women in Housing’ List

LANSDALE, Pa. /eNewsChannels/ — NEWS: Global DMS, a leading provider of Web-based compliant valuation management software, announced that its vice president of marketing, Jody Collup, has been named to the HousingWire 2014 ‘Influential Women in Housing’ list.

TOPICS: Awards, Banking and Finance, Newsdesk, State: Pennsylvania
 
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Changes to HUD Section 184 went into place this year, making it even more attractive to Native American Indian homeowners

DENVER, Colo. /eNewsChannels/ — NEWS: Native Americans with a tribal enrollment card have been eligible for a specialized Home Loan Guarantee Program (HUD Section 184) since 1992 to assist in the purchase of a new home, says Morgan Pennington, a Section 184 Licensed Mortgage Consultant at Universal Lending Corporation. Beginning this year, there are some new changes went into place that will make it even more attractive to Native American Indian homeowners.

TOPICS: Banking and Finance, News: Native American Interest, News: Real Estate, Newsdesk, State: Colorado
 
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Bank of Southern California, N.A. Acquires El Paseo Bank in Coachella Valley from FDIC

PALM DESERT, Calif. /eNewsChannels/ — NEWS: Bank of Southern California, N.A. (OTCMKTS:FBBN / OTC Markets FBBN) announced today that it purchased substantially all the assets and liabilities of Frontier Bank, FSB dba El Paseo Bank through a purchase and assumption agreement with the FDIC.

TOPICS: Banking and Finance, Business, California, Newsdesk
 
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United Wholesale Mortgage CEO Mat Ishbia Webinar Offers Game-Changing Strategies to Increase Broker Business

TROY, Mich. /eNewsChannels/ — NEWS: United Wholesale Mortgage (UWM), one of the nation’s largest and fastest growing wholesale lenders, announced that it will be holding a webinar on game-changing strategies that brokers can utilize to generate more business in 2015. UWM’s president and CEO, Mat Ishbia, will personally be conducting the webinar.

TOPICS: Banking and Finance, Business, Newsdesk, State: Michigan
 
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Mortgage Document Preparation Vendor IDS inc. Creates Internal Team to Manage Prep System Integrations

SALT LAKE CITY, Utah /eNewsChannels/ — NEWS: Utah-based mortgage document preparation vendor International Document Services, Inc. (IDS), announced it has created an internal team devoted solely to developing and maintaining integrations between its flagship document preparation system, idsDoc, and its third-party partners.

TOPICS: Banking and Finance, Computing, Newsdesk, State: Utah
 
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MCT Trading MCTlive! wins Mortgage Technology magazine 2014 Release of the Year Award

SAN DIEGO, Calif. /eNewsChannels/ — NEWS: MCT Trading, Inc., a recognized industry leader in risk management providing pipeline hedging, best-execution loan sales and centralized lock desk services, is pleased to announce that MCTlive!, MCT’s best-in-class secondary marketing software platform, has been selected as the winner of Mortgage Technology magazine’s 2014 Release of the Year Award.

TOPICS: Banking and Finance, California, Newsdesk
 
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John Walsh joins EPIC to further strengthen growing Risk Solutions Practice

SAN FRANCISCO, Calif. /eNewsChannels/ — NEWS: Edgewood Partners Insurance Center (EPIC), a retail property, casualty insurance brokerage and employee benefits consultant, announced today that John Walsh has joined the firm as their Principal of Executive Liability and Financial Lines insurance. Walsh brings more than 10 years of Financial Lines Broking, Placement, Underwriting, Business Development, Client Service, Operations and Claims Management experience to EPIC.

TOPICS: Banking and Finance, California, Insurance, Newsdesk
 
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Mortgage compliance services provider The Compliance Group names Jeremy Burcham as Chief Strategy Officer

CARLSBAD, Calif. /eNewsChannels/ — NEWS: Leading mortgage compliance services provider The Compliance Group, Inc. (TCG) today announced it has hired Jeremy Burcham as Chief Strategy Officer. Bringing nearly 14 years of quality control and operations experience, Burcham will be responsible for formulating, facilitating and communicating TCG’s plans for the future.

TOPICS: Banking and Finance, Business, California, Newsdesk
 
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Mark Gustafson Named Market Exec at Bank of Southern California’s Coachella Valley Region

PALM DESERT, Calif. /eNewsChannels/ — NEWS: Bank of Southern California today announced that seasoned community banker, Mark Gustafson has been appointed to lead the bank’s Coachella Valley region. Mr. Gustafson most recently served as Market President for First California Bank which was sold and merged into Pacific Western Bank. He also served as President and CEO of Canyon National Bank, Ogden BancShares, Inc

TOPICS: Banking and Finance, Business, California, Newsdesk
 
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OpenClose is adding technical staff to effectively manage a growing demand for its browser-based LOS platform

WEST PALM BEACH, Fla. /eNewsChannels/ — NEWS: OpenClose, an enterprise-class end-to-end loan origination system (LOS) provider, announced that it is adding technical staff to effectively manage a growing demand for its browser-based LOS platform, LenderAssist(TM), and accompanying solutions. Amid a down market, OpenClose is having its best revenue growth year in company history.

TOPICS: Banking and Finance, Business, Newsdesk, State: Florida
 
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Global DMS rolls out ATOM for iOS and Android devices, makes appraisers working in the field more efficient

LANSDALE, Pa. /eNewsChannels/ — NEWS: Global DMS, a leading provider of SaaS compliant valuation management software, today announced that it launched Appraisal Tracking On Mobile (ATOM), an application that arms appraisers with robust functionality, instant access to information, and communication capabilities that facilitates greater productivity in the field.

TOPICS: Banking and Finance, Computing, Newsdesk, State: Pennsylvania
 
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Peter Garvey named Chief Operating Officer at Edgewood Partners Insurance Center

SAN FRANCISCO, Calif. /eNewsChannels/ — NEWS: Edgewood Partners Insurance Center (EPIC), a retail property, casualty insurance brokerage and employee benefits consultant, today announced the appointment of insurance industry veteran Peter Garvey as Chief Operating Officer, a newly created position reporting to CEO John Hahn. Bringing EPIC nearly 35 years of insurance brokerage strategic operations, mergers and acquisitions, and executive leadership experience, Garvey will be chartered with further accelerating EPIC’s growth momentum.

TOPICS: Banking and Finance, California, Insurance, Newsdesk
 
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ARMCO – ACES Risk Management announces integration of its loan auditing platform with independent data verification from Kroll Factual Data

POMPANO BEACH, Fla. /eNewsChannels/ — NEWS: ARMCO – ACES Risk Management, a leading provider of web-based audit technology for the financial services industry, has announced the seamless integration of its loan auditing platform with independent data verification services from Kroll Factual Data, a leading provider of credit, risk mitigation and third-party verification services to the mortgage industry.

TOPICS: Banking and Finance, Computing, Newsdesk, State: Florida
 
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United Wholesale Mortgage Named Finalist for 2014 ‘Online Originator Award’

TROY, Mich. /eNewsChannels/ — NEWS: United Wholesale Mortgage, one of the nation’s largest and fastest growing wholesale lenders, announced that it has been selected as a finalist for Mortgage Technology magazine’s 2014 ‘Online Originator Award.’

TOPICS: Banking and Finance, Newsdesk, State: Michigan
 
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Mortgage Document Volume Indicates Spike in HELOCs in 2014, says International Document Services, Inc.

SALT LAKE CITY, Utah /eNewsChannels/ — NEWS: According to document volume data from mortgage document preparation vendor International Document Services, Inc. (IDS), home equity lines of credit (HELOCs) have increased significantly among IDS customers in 2014.

TOPICS: Banking and Finance, Business, Newsdesk, State: Utah
 
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Collateral Analytics and Global DMS Named Joint Finalists for 2014 Synergy Award

LANSDALE, Pa. /eNewsChannels/ — NEWS: Global DMS, a leading provider of Web-based compliant valuation management software, and Collateral Analytics, a leading provider of real estate analytics and valuation products, today announced that the two companies have been named finalists for Mortgage Technology magazine’s annual ‘Synergy Award.’

TOPICS: Banking and Finance, Computing, Newsdesk
 
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United Wholesale Mortgage announces Enhancements to Marketing Center and Mobile App for brokers

TROY, Mich. /eNewsChannels/ — NEWS: United Wholesale Mortgage (UWM), one of the nation’s largest and fastest growing wholesale mortgage lenders, today announced that it has created a new Marketing Center and also completely ‘reskinned’ its mobile app, UMobile.

TOPICS: Banking and Finance, Computing, News: Real Estate, Newsdesk, State: Michigan
 
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MCT Trading a finalist for the 2014 ‘Release of the Year’ Award

SAN DIEGO, Calif. /eNewsChannels/ — NEWS: MCT Trading, Inc., a recognized leader in mortgage pipeline hedging, loan sale execution and risk management services, today announced that it has been chosen by Mortgage Technology magazine as a finalist for the 2014 ‘Release of the Year’ Award.

TOPICS: Banking and Finance, California, Computing, Newsdesk
 
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Bitcoin company, Coinify secures continental European venture capital investment to bring digital currencies to mainstream markets

COPENHAGEN, Denmark /eNewsChannels/ — NEWS: Coinify has secured a multi­million capital injection by Danish SEED Capital. The money will ensure the continued positioning of Coinify as Europe’s leading player in the digital currency market. Coinify is a rapidly growing platform driving mainstream adoption of digital currencies such as Bitcoin.

TOPICS: Banking and Finance, Business, Internet, Newsdesk
 
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eValuation ZONE, Inc. announces launch of their new USPAP compliant product eVal 1.0

CHICAGO, Ill. /eNewsChannels/ — NEWS: National valuation services provider, eValuation ZONE, Inc., today announced the launch of its new USPAP compliant product eVal 1.0, a hybrid valuation report utilized for a variety of programs such as HELOCs, REOs, as well as purchases and refinances for non-agency and portfolio programs.

TOPICS: Banking and Finance, News: Product Launches, Newsdesk, State: Illinois
 
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Jeff Birdsell named VP to lead new RV Professional Services division for Reverse Mortgage Industry

SAN DIEGO, Calif. /eNewsChannels/ — NEWS: ReverseVision, Inc. today announced the launch of their Professional Services division aimed at helping reverse mortgage lenders and brokers to be more successful. Mortgage industry veteran and the company’s former head of product management, Jeff Birdsell, CMB, will lead the RV Professional Services as Vice President of this new division.

TOPICS: Banking and Finance, California, Newsdesk
 
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National Retirement Programs announced The Pension Inspector Adds Free Multi Year Tools

NEW YORK, N.Y. /eNewsChannels/ — NEWS: National Retirement Programs, Inc., the sponsor of the Atprime Pension Inspector(TM) Suite, today announced free 5 year downloads of actual Plan Sponsor Filed Form 5500 plus Yearly Plan Alerts, Plan Provision Descriptions, and Participant Classification Rosters.

TOPICS: Banking and Finance, Computing, News: Taxes and Accounting, Newsdesk
 
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ReverseVision Inc. named a 2014 Lenders’ Choice Award Finalist

SAN DIEGO, Calif. /eNewsChannels/ — NEWS: ReverseVision Inc. today announced it has been named a finalist for the 2014 Lenders’ Choice Award by Mortgage Technology magazine. ReverseVision is the leading provider of business solutions for the reverse industry offering such products as RV Exchange (RVX), and RV University.

TOPICS: Banking and Finance, Business, California, Newsdesk
 
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Mortgage Lenders learn about CFPB ‘Mini-Correspondent’ Guidance at Titan Lenders’ Webinar Series

DENVER, Colo. /eNewsChannels/ — NEWS: Mortgage fulfillment outsource services expert Titan Lenders Corp. today announced it will conduct a weekly webinar series designed to educate mini-correspondents on meeting Consumer Financial Protection Bureau (CFPB) requirements through general fulfillment.

TOPICS: Banking and Finance, Computing, Events, Newsdesk, State: Colorado
 
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ARMCO Pioneers Mortgage Industry Quality Control Benchmarking Solution, ACES Analytics

POMPANO BEACH, Fla. /eNewsChannels/ — NEWS: ARMCO – ACES Risk Management, a leading provider of web-based audit technology for the financial services industry, has announced the launch of ACES Analytics(TM), a business intelligence tool that will, for the first time, allow mortgage professionals to benchmark quality control results against industry peers. The benchmarking service is now available to ARMCO clients.

TOPICS: Banking and Finance, Business, Computing, Newsdesk, State: Florida
 
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HUD-insured Home Equity Conversion Mortgage Have Less Risk for Lenders says ReverseVision Board Member, Jeffrey Taylor

SAN DIEGO, Calif. /eNewsChannels/ — NEWS: According to reverse mortgage expert Jeffrey Taylor, a ReverseVision board member and president of Wendover Consulting, mortgage lenders offering the HUD-insured Home Equity Conversion Mortgage (HECM) will find that originating reverse loans carries fewer risks than traditional mortgages.

TOPICS: Banking and Finance, California, News: Real Estate, Newsdesk
 
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Titan Capital Solutions Has Historic Jumbo Mortgage Lock Month, Adds 7 Approved Sellers in Q2-14

DENVER, Colo. /eNewsChannels/ — NEWS: Titan Capital Solutions (TCS), a wholly-owned jumbo correspondent investment subsidiary of mortgage outsource services provider Titan Lenders Corp., has announced June 2014 was its largest lock month in both volume and dollar amount since its inception in October 2012.

TOPICS: Banking and Finance, Business, Newsdesk, State: Colorado
 
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International Document Services announces launch of Mortgage Compliance Resource Center for Doc Prep Clients

SALT LAKE CITY, Utah /eNewsChannels/ — NEWS: Mortgage document prep vendor International Document Services, Inc. (IDS) today announced it has launched a comprehensive Resources website within its flagship doc prep system idsDoc. The main feature of the site, a compliance-focused blog authored by IDS Compliance Officer Jonathan Johnson, was made available to clients through the idsDoc doc prep platform.

TOPICS: Banking and Finance, Computing, Newsdesk, State: Utah
 
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The Compliance Group Inc Grows Business by 20 Percent in Q2-2014

CARLSBAD, Calif. /eNewsChannels/ — NEWS: The Compliance Group, Inc. (TCG), a Leading mortgage compliance services provider, today announced it has increased its roster of clients by 20 percent in the second quarter of 2014. This crop of new business includes a mix of mortgage lenders, retail and community banks and credit unions.

TOPICS: Banking and Finance, Business, California, Computing, Newsdesk
 
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Rob Katz of ReverseVision says reverse mortgage originations have been trending up in 2014

SAN DIEGO, Calif. /eNewsChannels/ — NEWS: Contrary to what has been reported for the past six months, reverse mortgage originations have been trending up according to ReverseVision, Inc., a leading provider of reverse mortgage lending solutions. ReverseVision’s RV Exchange (RVX) is the leading reverse loan origination system (RLOS) and lending system of record for the majority of reverse lenders.

TOPICS: Banking and Finance, California, Computing, News: Real Estate, Newsdesk
 
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International Document Services Passes AICPA SOC 2 Audit of Mortgage Doc Prep Services

SALT LAKE CITY, Utah /eNewsChannels/ — NEWS: Mortgage document preparation vendor International Document Services, Inc. (IDS) today announced that it has passed its first Service Organization Control (SOC) 2SM audit with no exceptions. According to the American Institute of CPAs (AICPA), the organization that created the audit, SOC 2’s purpose is to assess the ‘controls at a service organization relevant to security, availability, processing integrity confidentiality, or privacy.’

TOPICS: Banking and Finance, Computing, Newsdesk, State: Utah
 
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Scott Law Firm is actively utilizing Quandis’ new military search name permutation functionality

FOOTHILL RANCH, Calif. /eNewsChannels/ — NEWS: Quandis, Inc., a leading provider of mortgage servicing software, today announced that Scott Law Firm, which serves the default servicing industry, is actively utilizing its new military search name permutation functionality. Scott Law Firm can now more easily and efficiently identify active duty military borrowers in the DoD database to comply with the Servicemembers Civil Relief Act.

TOPICS: Banking and Finance, California, Computing, Newsdesk
 
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Free Online Course on 2014 HUD Mortgagee Letter Changes offered by ReverseVision University (RVU)

SAN DIEGO, Calif. /eNewsChannels/ — NEWS: ReverseVision, Inc., a leading provider of business solutions for the reverse mortgage industry is offering a free online class ‘Understanding the New Rules Regarding Non-Borrowing Spouses,’ focused on changes announced by HUD in recent Mortgagee Letters 2014-07 and 2014-12 through its ReverseVision University (RVU).

TOPICS: Banking and Finance, California, Computing, Education, Newsdesk
 
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CCMC Inc. names Matthew Borg as new CFO, will help expand IT solutions to financial institutions across the U.S.

ALTAMONTE SPRINGS, Fla. /eNewsChannels/ — NEWS: CCMC Inc., a leading provider of financial technology integration solutions, today announced the appointment of Matthew Borg as Chief Financial Officer. He will report to President and Chief Executive Officer Gene Lederer.

TOPICS: Banking and Finance, Business, Information Technology, Newsdesk, State: Florida
 
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OpenClose LenderAssist LOS Establishes Secondary Marketing Transparency and Control

WEST PALM BEACH, Fla. /eNewsChannels/ — NEWS: Florida-based OpenClose, an enterprise-class end-to-end loan origination system (LOS) provider, today announced that lenders are successfully using the secondary marketing component of its LOS, LenderAssist(TM), to deliver greater insight and control for secondary marketing departments.

TOPICS: Banking and Finance, Computing, Newsdesk, State: Florida
 
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PrimeLending, a PlainsCapital Company, signs with Global DMS, to Implement Loan Origination System Integration

LANSDALE, Pa. /eNewsChannels/ — NEWS: Global DMS, a leading provider of Web-based compliant valuation management software, announced that PrimeLending, a national residential mortgage lender, successfully implemented its eTrac(R) valuation platform to compliantly automate the lender’s entire appraisal process.

TOPICS: Banking and Finance, Computing, Newsdesk, State: Pennsylvania
 
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International Document Services adds Multi-Browser Compatibility in idsDoc Mortgage Doc Prep System Redesign

SALT LAKE CITY, Utah /eNewsChannels/ — NEWS: Mortgage document preparation vendor International Document Services, Inc. (IDS), announces its flagship doc prep system idsDoc is now compatible with the three major Internet browsers — Google Chrome, Microsoft Internet Explorer and Mozilla Firefox. According to research firm StatCounter Global Stats, these three browsers accounted for 78 percent of the market in the United States in 2013.

TOPICS: Banking and Finance, Computing, Newsdesk, State: Utah
 
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Quandis updates military search service, identifies multiple name variations of borrowers which could have active duty status in the U.S. military

FOOTHILL RANCH, Calif. /eNewsChannels/ — NEWS: Quandis, Inc., a leading provider of mortgage servicing software, announces that it rolled out a new feature within its existing military search service that identifies multiple name variations of borrowers which could have active duty status in the U.S. military. If in default but on active duty, certain rules prohibit foreclosure. This comprehensive search reduces the risk of missing a name and potentially failing to comply with the Servicemembers Civil Relief Act (SCRA) of 2003.

TOPICS: Banking and Finance, California, Computing, Newsdesk
 
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International Document Services, Inc. adds Paul Morton as Compliance Officer for CFPB Mortgage Disclosure

SALT LAKE CITY, Utah /eNewsChannels/ — NEWS: Utah-based Mortgage document preparation vendor, International Document Services, Inc. (IDS), today announced it has expanded its compliance team with the addition of Paul Morton as compliance officer and assistant in-house counsel.

TOPICS: Banking and Finance, Business, Newsdesk, State: Utah
 
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Mortgage Technology magazine honors Quandis Inc. as a Top 50 Service Provider for the fourth year in a row

FOOTHILL RANCH, Calif. /eNewsChannels/ — NEWS: Quandis, Inc., a leading provider of mortgage servicing software, announced that Mortgage Technology magazine honored the company as a 2014 Top 50 Service Provider; for the fourth year in a row. As an annual list, the Top 50 Service Providers puts particular emphasis on a mortgage industry vendor’s achievements over the past 12 months.

TOPICS: Banking and Finance, California, Computing, Newsdesk
 
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International Document Services Inc. Makes Fourth Appearance on Mortgage Technology ‘Top 50 Service Provider’ List

SALT LAKE CITY, Utah /eNewsChannels/ — NEWS: Mortgage document preparation vendor International Document Services, Inc. (IDS) today announced it has made its fourth consecutive appearance on the Top 50 Service Providers list, issued by SourceMedia’s Mortgage Technology magazine.

TOPICS: Banking and Finance, Computing, Newsdesk, State: Utah
 
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Titan Capital Solutions named a preferred investor by Capital Markets Cooperative

DENVER, Colo. /eNewsChannels/ — NEWS: Titan Capital Solutions (TCS), a wholly-owned jumbo correspondent investment subsidiary of mortgage outsource services provider Titan Lenders Corp., announced it has been named a preferred investor by Capital Markets Cooperative (CMC), a nationwide alliance of mortgage bankers.

TOPICS: Banking and Finance, Business, Newsdesk, State: Colorado
 
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Pennsylvania’s Riverview Financial Corporation Announces Second Quarter Cash Dividend (OTCQB:RIVE)

HALIFAX, Pa. /eNewsChannels/ — NEWS: Riverview Financial Corporation (OTCMKTS:RIVE / OTCQB:RIVE) today announced that on May 14, 2014 its Board of Directors declared the payment of a cash dividend of $0.14 per share for the second quarter 2014, an increase of 12 percent as compared with the $0.125 cash dividend paid for the second quarter of 2013. The dividend is payable on June 30, 2014 to all shareholders of record as of June 6, 2014.

TOPICS: Banking and Finance, Business, Newsdesk, State: Pennsylvania
 
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Expanded Portfolio Review Service for current home values, liens and encumbrances announced by FirstClose

AUSTIN, Texas /eNewsChannels/ — NEWS: FirstClose, an Austin, Texas-based mortgage technology service provider, today announced the expansion of its Portfolio Review Service for current home values, liens and encumbrances. Lenders can now access a detailed asset valuation that meets compliance requirements, but also exceeds expectations with a summary of the featured properties’ transactional histories.

TOPICS: Banking and Finance, Computing, News: Real Estate, Newsdesk, State: Texas
 
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MCT Trading announces MCTlive, a secondary marketing technology platform designed for capital markets trading and pipeline management

SAN DIEGO, Calif. /eNewsChannels/ — NEWS: MCT Trading, Inc., a recognized leader in mortgage pipeline hedging, loan sale execution, and risk management services, today announced the formal launch of MCTlive, a secondary marketing technology platform designed for capital markets trading and pipeline management.

TOPICS: Banking and Finance, California, Computing, Newsdesk
 
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Phil Rasori will moderate session ‘Liquidity Challenges for Smaller Lenders’ at MBA show in NYC

SAN DIEGO, Calif. /eNewsChannels/ — NEWS: Mortgage Capital Trading, Inc. (MCT), a recognized leader in mortgage pipeline hedging and risk management services, today announced that its COO, Phil Rasori, will moderate and drive a panel session entitled ‘Liquidity Challenges for Smaller Lenders’ at the Mortgage Bankers Association’s Annual Secondary Marketing Conference in New York City on May 20.

TOPICS: Advertising, Banking and Finance, Business, California, Newsdesk
 
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Titan Capital Solutions has added 13 approved sellers to its correspondent jumbo program in the first quarter of 2014

DENVER, Colo. /eNewsChannels/ — NEWS: Titan Capital Solutions, a wholly-owned investment subsidiary of mortgage outsource services provider Titan Lenders Corp., today announced it has added 13 approved sellers to its correspondent jumbo program in Q1/2014. The additions represent a 20 percent increase in TCS approved sellers since the end of 2013.

TOPICS: Banking and Finance, Business, Newsdesk, State: Colorado
 
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Updated 2014 Comprehensive Suite of Outsourced Compliance and Audit Services offered by The Compliance Group Inc.

CARLSBAD, Calif. /eNewsChannels/ — NEWS: To meet lenders’ growing demand for compliance assistance, leading mortgage compliance services provider The Compliance Group, Inc. today announced that it offers a comprehensive suite of audit and monthly outsourced compliance services, encompassing both federal and state-level audits as well as a host of other compliance-related reviews and content development.

TOPICS: Banking and Finance, Business, California, Newsdesk
 
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