Banking and Finance

Banking and Finance

Banking Industry News, Mortgage Finance, and Payment Processing

Banking and Finance

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

Edgewood Partners Insurance Center welcomes Sheryl McLamb to its Private Client Group in California

SAN FRANCISCO, Calif. /eNewsChannels/ -- NEWS: Edgewood Partners Insurance Center (EPIC), a retail property, casualty and employee benefits insurance brokerage and consultant, announces that Sheryl McLamb has joined as an Account Manager in EPIC's Private Client Group. McLamb will be based in Sacramento as EPIC expands its private client services.

ShortSave Inc. Upgrades its Mortgage Servicer Dashboard Tools, Borrower Document Fulfillment and eSignatures

MONUMENT, Colo. /eNewsChannels/ -- NEWS: Colorado's ShortSave, Inc., the provider of an award-winning borrower-facing mortgage default servicing system, announced it has made several upgrades to its platform to improve analytics and compliance tracking for servicers, as well as enhancements to the borrower experience.

Former Fannie Mae Underwriting Consultant David Tracy joins Mid America Mortgage as National Underwriting Manager

ADDISON, Texas /eNewsChannels/ -- NEWS: Mid America Mortgage, Inc. owner and CEO Jeff Bode has announced the lender has hired former Fannie Mae underwriting consultant David Tracy as National Underwriting Manager. A 20+-year residential and commercial mortgage veteran, Tracy will be responsible for revitalizing Mid America's underwriting operations nationwide.

International Document Services, Inc. (IDS) Hits Four of Five TRID Development Milestones for Mortgage Trade

SALT LAKE CITY, Utah /eNewsChannels/ -- NEWS: Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it is on schedule and has achieved four of its five major development milestones for the TILA/RESPA Integrated Disclosures (TRID) implementation. The final development milestone for IDS is to update the Escrow and Imports sections of idsDoc, after which users will be able to test and review the documents.

Mortgage Bankers Association of Arkansas (MBAA) announces new 2015-2016 Board of Directors

MEMPHIS, Tenn. /eNewsChannels/ -- NEWS: The Mortgage Bankers Association of Arkansas (MBAA) held its installation of new officers and board members during the 3rd Annual Tri-State MBA Conference. The Conference involved mortgage professionals from Arkansas, Mississippi Tennessee and was held May 4 - 6 at the Cook Convention Center.

Veros Real Estate Solutions’ PATHWAY Delivers First Direct Connection to FHA EAD Portal

SANTA ANA, Calif. /eNewsChannels/ -- NEWS: Veros Real Estate Solutions, an industry leader in enterprise risk management, collateral valuation services and predictive analytics, announced today that lenders and technology vendors interested in the option of implementing a direct connection to FHA's recently announced Electronic Appraisal Delivery portal for electronic appraisal submission can connect through Veros' proprietary product, PATHWAY.

International Document Services (IDS) and Pavaso Partner to Create Digital Mortgage Closing Solutions

SALT LAKE CITY, Utah /eNewsChannels/ -- NEWS: Mortgage document preparation vendor International Document Services, Inc. (IDS) and Pavaso, a provider of innovative real estate technology, announced the two firms have entered into a partnership. Through this alliance, the two firms will develop an integration between Pavaso's Digital Close(TM) electronic closing platform and IDS's flagship doc prep system idsDoc.

Fannie Mae and The Mortgage Collaborative Partner to Support Mortgage Originators

SAN DIEGO, Calif. /eNewsChannels/ -- NEWS: Today The Mortgage Collaborative (TMC), an independent lending cooperative serving small and mid-sized mortgage lenders and community-based lending institutions, and Fannie Mae agreed upon enhancements to the benefits offered to TMC members that were announced earlier in the year through a strategic partnership agreement.

Mortgage Tech Leader, OpenClose, Announces v4.0 of its OC Optics Web-based Enterprise Analytics

WEST PALM BEACH, Fla. /eNewsChannels/ -- NEWS: OpenClose, an enterprise-class, multi-channel end-to-end loan origination system (LOS) provider, announced that it has released version 4.0 of OC Optics(TM), a web-based analytics and reporting system that integrates tightly with its LenderAssist(TM) LOS platform. The enhancements provide clients with more control, added functionality, and robust editing and configuration tools that effectively customizes data analysis and reporting outputs.

Unrivaled industry eSigning adoption among mortgage clients fuels DocMagic transaction spike

TORRANCE, Calif. /eNewsChannels/ -- NEWS: DocMagic, Inc., the premier provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions, announced today that its eSign platforms have now processed more than 100 million mortgage-related eSignature transactions.

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