Banking and Finance

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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

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.

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.

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.

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.

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.'