Home Banking and Finance
Banking Industry News, Mortgage Finance, and Payment Processing
NEWS: ReverseVision, Inc. has announced their newest credit report partnership with MeridianLink, a leading web-based platform for ordering and delivery of credit reports. This integration within RV Exchange (RVX), ReverseVision's flagship reverse loan origination system (RLOS) platform, increases RVX users' choice of automated credit report services.
NEWS: Mortgage services expert Titan Lenders Corp. announced it has expanded the capabilities of its data reconciliation platform mintrak2(R). Now known as DRMS(TM) (Data Reconciliation Management System), the system has been redesigned beyond its original MERS(R) applications to normalize, compare and reconcile multiple datasets from a variety of sources.
NEWS: First Standard Financial Company ('FSF'), a full service Broker Dealer offering client-centric retail brokerage and advisory services to its clients worldwide, announced today that it has hired renowned economist and frequent television business news contributor Peter I. Cardillo as the Firm's Chief Market Economist.
NEWS: Leading mortgage compliance and quality control (QC) services provider The Compliance Group, Inc. (TCG) announced it has hired Michelle Doyle as Director of Quality Control. Doyle brings more than two decades of experience in mortgage underwriting, quality control, risk mitigation and compliance to her new role at TCG.
NEWS: ReverseVision today announced it ranked number 367 on Deloitte's Technology Fast 500, a ranking of the 500 'fastest growing' technology, media, telecommunications, life sciences and energy tech companies in North America. ReverseVision grew 175.1 percent during this period.
NEWS: Sunshine Capital, Inc. (Pink Sheets:SCNP) today announced that Mr. Lindel Regis has been chosen as President and CEO of the Company. Regis has spent the past several years consulting for both private and public companies in financing, capital raising, and mergers and acquisitions.
Accounting software consulting firm, Massey Consulting, helps Eli Global position for growth with Intacct ERP
NEWS: Massey Consulting, a leading accounting software consulting firm, will assist Eli Global and companies with the implementation and configuration of cloud-based, best in class, Intacct ERP.
NEWS: LeaseAccelerator, the leader in Equipment Lease Management Software, announced today that it will be hosting a webinar on the forthcoming Lease Accounting Standard changes. The company's experts have been closely monitoring the latest proposals and comments on both FASB 842 and IFRS 16.
NEWS: LeaseAccelerator has announced that sales leader and enterprise leasing expert Tim Shockley has joined the company as Vice President of Sales. Tim brings more than 20 years of experience leading top performing teams to provide IT and Financial solutions into Fortune 500 companies.
NEWS: Veros Real Estate Solutions, an award-winning industry leader in enterprise risk management, collateral valuation services and predictive analytics, today reports that residential market values will continue in a positive trajectory over the next 12 months, with overall annual appreciation rising to +3.6 percent from its Q2 forecast of 3.1 percent. The number of markets expected to increase in value is up to 94 percent from last quarter's 90 percent.
NEWS: Bank of Southern California, N.A. (OTCQB:FBBN / OTCMKTS:FBBN) has announced the promotion of Rhonda Guthrie to the position of Senior Vice President, Loan Administration. With over 20 years in Loan Administration, Guthrie joined the Company in 2013 as Loan Administration Manager responsible for all functions related to loan processing, documentation, compliance and loan servicing.
NEWS: Mid America Mortgage, Inc. Owner and Chief Executive Officer Jeff Bode announced the firm has expanded its operations into Missouri, Iowa and Kansas with its newest branch locations in Kansas City, Mo. and Overland Park, Kan.
NEWS: The Mortgage Collaborative, an independent mortgage lending cooperative, today announced the formal approval of 7 new lenders to their national network of originating members, announced the Collaborative's EVP of National Sales and Strategic Alliances, Rich Swerbinsky.
NEWS: EPIC Insurance Brokers and Consultants has announced a mutually beneficial transaction of certain books of business to Alliant Insurance Services, including the customers of David Alvarado and a group of employees who came to
NEWS: Pavaso, a provider of digital collaborative technology for the real estate lifecycle, announced it is co-hosting an event with leading mortgage document preparation provider International Document Services (IDS) during the Mortgage Bankers Association's (MBA's) 102nd Annual Convention and Expo in San Diego later this month. The event, 'eClosing All-Stars,' will be held on Sunday, Oct. 18 at Petco Park.
NEWS: Mid America Mortgage, Inc. owner and Chief Executive Officer Jeff Bode announced John Rhode has joined the company as an account executive in the wholesale and correspondent lending division. Rhode brings 24 years of wholesale lending experience to Mid America and will be focused on the metro-Chicago area and surrounding markets.
NEWS: Tom Del Beccaro, former Chairman of the California Republican Party and U.S. Senate candidate, today announced Economist Larry Kudlow's endorsement of him for U.S. Senate.
Central Texas Chapter of the Association for Corporate Growth signs MOU with Texas Military Officers Assoc.
NEWS: The Central Texas Chapter of the Association for Corporate Growth(R) (ACG), the global organization focused on driving middle-market growth, signed a Memorandum of Understanding with the Texas Military Officers Association, TMOA, in an effort to actively expose the two organizations to each other's membership, foster integration, and promote joint programs.
Pavaso Offers IDMAXX Identity Validation, Character Reference Tool for Mortgage/Real Estate eClosing
NEWS: Pavaso, Inc., a provider of electronic collaborative technology for the real estate lifecycle, announced the availability of IDMAXX(SM), an identity validation/character reference tool that further enhances their end-to-end digital real estate process. The tool is currently in beta and being offered to users free of charge until the end of 2015.
NEWS: DocMagic, Inc., the premier provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions, announced that PHH Mortgage (PHH), one of the largest providers of residential mortgages in the United States, has signed a multi-year license agreement to use its expansive set of products to help ensure compliance with the TILA-RESPA Integrated Disclosure (TRID) rule.
NEWS: Global DMS, a leading provider of web-based compliant valuation management software, announced that it has hired Mac Chiles as executive vice president of sales. In this role, he will be responsible for managing the company's sales and business development functions for its eTrac(R) Enterprise valuation management platform and ancillary solutions.
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 it hired Paul Yarbrough to manage new client on-boarding, its secondary marketing technology, and solution training.
NEWS: DocMagic, Inc., the premier provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions, announced that Mid America Mortgage, Inc. will utilize DocMagic's SaaS-based compliance and mortgage loan document engine together with the on-premise solutions of DocMagic's recently acquired eSignSystems patented eSigning, eNotary, eVaulting, eRegistration and eRetention solutions.
Empaxis Opens London Office to Specialize in Back-Office Outsourcing for Investment Management Firms
NEWS: Empaxis Data Management, experts in middle and back-office outsourcing for investment management firms, recently announced expansion into the European market. Empaxis has opened an office in London and has launched Empaxis Europe Limited. Empaxis has also appointed Stefano Nocera to direct the European operations.
Bank of Southern California N.A. adds Seasoned SBA Team to Enhance Top Performing Small Business Lending
SAN DIEGO, Calif. /eNewsChannels/ -- NEWS: Bank of Southern California, N.A. (OTCQB:FBBN / OTCMKTS:FBBN) welcomes Tom Welch as Senior Vice President, SBA Department Manager and Tammy DeWitt as Vice President, SBA Loan Underwriting Manager to its seasoned team of Southern California bankers. Both Mr. Welch and Ms. Dewitt have been in the banking industry for 37 years and both have over 27 years of SBA and conventional lending and relationship management experience.
Quandis Military Search Technology Addresses New Military Lending Act Rule for Compliance Taking Effect Oct. 1
NEWS: Quandis, Inc., a leading provider of default management technology solutions, announced that it has extended its Military Search Service to locate active duty military personnel in other facets of consumer lending for compliance adherence.
International Document Services, LendingQB Integration Creates Seamless Mortgage Origination Environment
SALT LAKE CITY, Utah /eNewsChannels/ -- NEWS: Mortgage document preparation vendor International Document Services, Inc. (IDS), announced Atlanta-based Private Bank of Buckhead has implemented the IDS "lights out" integration with LendingQB, an end-to-end loan origination system (LOS) provider whose platform includes the industry's leading universal decision engine.
Bank of Southern California N.A. Builds Coachella Valley Advisory Board to Help Increase Local Market Awareness
NEWS: Bank of Southern California, N.A. (OTC:FBBN / OTCMKTS:FBBN) announced the creation of its Coachella Valley Advisory Board. This board is comprised of prominent members of the business community in the Desert Cities region who will help increase the bank's presence and market awareness while providing valuable input to better understand the business needs in the Coachella Valley.
NEWS: Leading web-based financial services quality control software provider ACES Risk Management (ARMCO) announced the release of TRIDCompare, a data compare tool designed specifically for the new TILA-RESPA Integrated Disclosure (TRID). TRIDCompare is a component of the Automated Data Compare (ADC) solution suite within the ACES Web Audit Technology) platform.
Helping a Portland Sports Exec, ReverseVision Spotlights Directors Mortgage for HECM Reverse Mortgage Origination
NEWS: ReverseVision, Inc. is spotlighting a HECM reverse mortgage origination by Oregon-based Directors Mortgage, a Pacific-Northwest focused full service mortgage banking firm, as it illustrates an ideal application of the product that allows qualified homeowners age 62 or older to access a portion of their home equity as a financial resource, and eliminates the need to make house payments.
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, has been named to National Mortgage Professional (NMP) magazine's 2015 'Top 25 Most Connected Mortgage Professionals' list.
NEWS: Klingenstein, Fields and Co., L.L.C. today is now operating as 'Klingenstein Fields Wealth Advisors' as part of a recent rebranding initiative. The new brand highlights the firm's integrated approach in providing comprehensive wealth management services to a broad range of high-net-worth clients.
Growing Again to Serve the Mortgage Trade, The Mortgage Collaborative Adds Eight New Member Companies
NEWS: The Mortgage Collaborative, an independent mortgage lending cooperative, today announced the formal approval of eight new lenders to their national network of originating members, announced the Collaborative's EVP of National Sales and Strategic Alliances, Rich Swerbinsky.
NEWS: Mortgage Compliance Training Center, a newly formed organization that is solely focused on mortgage compliance education and readiness, announced today that it has officially launched operations and will start by holding an all-day, hands-on TRID workshop in Denver, Colorado on Sept. 25.
SAN DIEGO, Calif. /eNewsChannels/ -- NEWS: ReverseVision, Inc. announces their newest credit report partnership with CBCInnovis, a leading provider of credit and risk management solutions headquartered in Columbus, Ohio. This integration within RV Exchange (RVX), ReverseVision's flagship reverse loan origination system (RLOS) platform, increases
TORRANCE, Calif. /eNewsChannels/ -- NEWS: Torrance-based DocMagic, Inc., the premier provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions, announced that its chief legal officer, Melanie Feliciano, Esq., has been named to the MReport's 2015 Leading Ladies list. MReport is a leading B2B trade publication serving the broader mortgage field.
ReverseVision announces 2016 Inaugural User Conference with focus on improving profitability for Reverse Mortgage Lending
SAN DIEGO, Calif. /eNewsChannels/ -- NEWS: ReverseVision, Inc. announces it will host its 2016 inaugural user conference January 20-22, 2016, at the Sheraton San Diego Hotel and Marina in San Diego, Calif. This event is specifically designed to increase revenue and efficiencies for RVX customers.
SAN DIEGO, Calif. /eNewsChannels/ -- NEWS: The Mortgage Collaborative, an independent lending cooperative serving small- to mid-sized mortgage lenders and community-based lending institutions, has implemented several changes to the Board of Directors of the Cooperative as well as the Board of Directors of the Management Company, announced the Collaborative's Chairman, John Robbins, CMB.
MBA Risk Management, QA and Fraud Prevention Forum to host ARMCO Execs on Mortgage Pre/Post-Funding QA
POMPANO BEACH, Fla. /eNewsChannels/ -- NEWS: Leading web-based financial services quality control software provider ACES Risk Management (ARMCO) announced two of its top executives will participate in panels at the Mortgage Bankers Association's (MBA) Risk Management, QA and Fraud Prevention Forum 2015, Sept. 9-11 in Dallas.
TORRANCE, Calif. /eNewsChannels/ -- NEWS: DocMagic, Inc., the premier provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions, has named Gavin T. Ales as chief compliance officer (CCO).