Banking and Finance

Banking Industry News, Mortgage Finance, and Payment Processing

Silver Bullet Consulting announces launch of BoostCredit101 to Help Clients Improve Credit Scores

DENVER, Colo. /eNewsChannels/ -- NEWS: Denver's Silver Bullet Consulting, LLC this week announced the launch of BoostCredit101, a business that provides its clients with the ability to improve credit scores by up to 150 points.

MCT Trading, Inc. named a 2013 Top 100 Fastest-Growing Private Company

SAN DIEGO, Calif. /eNewsChannels/ -- NEWS: MCT Trading, Inc., a leader in mortgage pipeline hedging and risk management services, announced that it has been named to the San Diego Business Journal's 2013 'Top 100' annual fastest-growing private companies list, with a specific ranking of 24. Organizations that earned a spot on the list were honored at a recent awards ceremony held at the Paradise Point Resort and in San Diego.

Jeff Ishbia of United Shore Financial Services Wins Ernst & Young's Master Entrepreneur of the Year Award

TROY. Mich. /eNewsChannels/ -- NEWS: USFS (United Shore Financial Services), one of the nation's largest and fastest growing mortgage lenders, announced today that its founder and chairman, Jeff Ishbia, won Ernst & Young's 2013 Entrepreneur Of The Year Award for the Michigan and Northwest Ohio region.

Global DMS CEO Vladimir Bien-Aime named a Top 25 Most Connected Mortgage Professional 2013

LANSDALE, Pa. /eNewsChannels/ -- NEWS: Global DMS, the leading provider of Cloud-based compliant valuation management software, announced that its CEO, Vladimir Bien-Aime, was named to National Mortgage Professional Magazine's Top 25 Most Connected Mortgage Professionals list.

Truebridge Inc. announces launch of the Business Answer Center, a new marketing system for Banks and Credit Unions

BOSTON, Mass. /eNewsChannels/ -- NEWS: Truebridge Inc. announced today the launch of the 'Business Answer Center,' a new marketing system that provides the bank and credit union clients of Truebridge with an innovative way to deliver financial education to their business customers and generate sales at the financial institutions.

Mortgage compliance services leader The Compliance Group Relocates California Offices as part of Expansion to Meet Demand

CARLSBAD, Calif. /eNewsChannels/ -- NEWS: California-based mortgage compliance services provider The Compliance Group, Inc., has relocated from its original San Marcos, Calif.-location into a larger office space, located at 1901 Camino Vida Roble, Ste. 115 in Carlsbad. According to Annemaria Allen, president of The Compliance Group, increased activity in the regulatory sector was a driving factor in the decision to move.

Mortgage Technology Company, Quandis Inc., Celebrates its 10th Anniversary serving Banks, Servicers, and Foreclosure Attorneys

FOOTHILL RANCH, Calif. /eNewsChannels/ -- NEWS: Headquartered in Foothill Ranch, California, Quandis, Inc., a leading provider of default management technology solutions, today announced its tenth anniversary in the mortgage industry. Quandis was founded in June of 2003 with the mission of engineering innovative software applications for a variety of organizations in the default servicing space.

United Wholesale Mortgage launches UWM Connect which identifies potential business activity, sending B2C leads to brokers

TROY, Mich. /eNewsChannels/ -- NEWS: United Wholesale Mortgage today announced that it has made available a free service designed to generate more business for its brokers. The service, dubbed UWM Connect, monitors borrower credit pulls for activity to funnel potential B2C leads back to brokers that have previously completed deals with them.

LendingQB and and DocuTech have formed a partnership to integrate their mortgage technology platforms

COSTA MESA, Calif. /eNewsChannels/ -- NEWS: LendingQB, a provider of end-to-end loan origination software (LOS), and DocuTech, a leading provider of enterprise-class compliant document preparation software, announced today that they have formed a partnership to integrate their platforms. LendingQB's browser-based LOS is now seamlessly integrated with DocuTech's ConformX system.

DataQuick Collateral Validation Solution integrated with Global DMS SaaS

LANSDALE, Pa. /eNewsChannels/ -- NEWS: Global DMS, the leading provider of SaaS compliant valuation management software for the mortgage industry, announced that its valuation management software is integrated with DataQuick, a provider of advanced real estate information solutions powered by data, analytics and decisioning.

New UWM Escrow Advantage gives brokers ability to waive escrows up to 90 percent LTV on conventional products, with no M.I.

TROY, Mich. /eNewsChannels/ -- NEWS: UWM (United Wholesale Mortgage), the fourth largest wholesale mortgage lender in the U.S., today announced that it rolled out a new program that gives brokers the option to waive escrows up to 90 percent LTV, with no M.I., on all conventional products in all states.

Global DMS announced that Appraisal Nation using eTrac SaaS has increased the number of appraisals it was able to process by...

LANSDALE, Pa. /eNewsChannels/ -- NEWS: Global DMS, the leading provider of Web-based compliant valuation management SaaS, announced that Appraisal Nation, one of the country's fastest growing national appraisal management companies, reported that since implementing Global DMS' eTrac platform it has increased the number of appraisals it was able to process by more than tenfold.

Former Flagstar CEO Mark Hammond joins USFS, one of the mortgage industry's fastest growing lenders

TROY, Mich. /eNewsChannels/ -- NEWS: USFS (United Shore Financial Services), one of the nation's largest and fastest growing mortgage lenders, announced that Mark Hammond will be joining the company as co-chairman. Hammond will work closely with Jeff Ishbia, current chairman and founder of USFS, in leading the 27-year-old company. USFS operates three brands: United Wholesale Mortgage, the fourth largest wholesale mortgage lender in the country; Shore Mortgage; and Capital Mortgage Funding.

Quandis Inc Web-based Technology to Automate Short Sale Transactions selected by PennyMac Financial Services, Inc

FOOTHILL RANCH, Calif. /eNewsChannels/ -- Quandis, Inc., a leading provider of default management technology solutions, today announced that PennyMac Financial Services, Inc. (NYSE:PFSI) is using its short sale technology to assist in effectively and efficiently managing the short sale process.

Mike Eberl joins Titan Capital Solutions as Correspondent Regional Sales Director for Central U.S.

DENVER, Colo. /eNewsChannels/ -- Titan Capital Solutions (TCS), a wholly owned correspondent lending subsidiary of mortgage outsource services provider Titan Lenders Corp., has announced the addition of Mike Eberl to the TCS sales team as correspondent regional sales director. Eberl brings more than 35 years' mortgage sales experience to his new role at TCS.

United Shore Financial Services will name Mat Ishbia as new CEO of leading independent mortgage lender

TROY, Mich. /eNewsChannels/ -- USFS (United Shore Financial Services), one of the nation's leading independent mortgage lenders, today announced that Mat Ishbia will be appointed to the position of CEO for the company. Ishbia currently serves as both president of USFS and also its successful wholesale operation, United Wholesale Mortgage, which under his leadership has now become the fourth largest wholesale mortgage lender in the country.

LendingQB Cloud-based Loan Origination Software has Instant Support Feature that drives High Customer Satisfaction in New Performance Survey

COSTA MESA, Calif. /eNewsChannels/ -- LendingQB, an end-to-end provider of loan origination software (LOS), announced that a recent poll of its client base provided statistics that demonstrate the company's track record of providing "exemplary customer service and technical support." The survey was conducted to better understand what clients like most about LendingQB's support levels.

idsDoc Mortgage Document Preparation System Improves Productivity and Delivers Custom Docs to Mortgage Network Inc.

SALT LAKE CITY, Utah /eNewsChannels/ -- idsDoc, the flagship solution of mortgage document prep vendor International Document Services, Inc. (IDS, Inc.), has created significant savings for New England-based lender Mortgage Network, Inc., which reports added benefits from efficiency improvements and data integrity preservation since implementing the system.

Quandis Cloud Solution provides valuation system to streamline Bankers Asset Management entire broker price opinion (BPO) process

FOOTHILL RANCH, Calif. /eNewsChannels/ -- Quandis, Inc., a leading provider of default management mortgage technology solutions, today announced that Bankers Asset Management (BAM), an established outsourcer of REO asset management valuation services, is successfully utilizing its valuation system to streamline the company's entire broker price opinion (BPO) process within BAM's valuations division.

Truebridge Financial Marketing says Banks are Flocking to Financial Education to Drive Sales

BOSTON, Mass. /eNewsChannels/ -- Truebridge Financial Marketing, which provides banks and credit unions with a financial education marketing system, today announced the addition of 28 new clients in just six months. More and more banks and credit unions are discovering that financial education, properly delivered, is a cost effective way to generate sales for all business lines, from deposits and loans to investments, insurance and trust.

LTC Partners and Insurance Services, LLC to provide long-term care education to member banks of the California Bankers Association

KIRKLAND, Wash. /eNewsChannels/ -- Following a recent announcement, LTC Partners and Insurance Services, LLC, will be providing long-term care education to member banks of the California Bankers Association (CBA), one of America's largest state banking trade organizations.

Mortgage Industry Veteran Chip Caldwell joins FirstClose as a VP

AUSTIN, Texas /eNewsChannels/ -- FirstClose, a recognized aggregator in the mortgage settlement services field, today announced that it has hired Chip Caldwell to manage the company's Southeast territory. The addition of Mr. Caldwell helps satisfy a growing demand for FirstClose's end-to-end settlement services offering and supporting technology solutions for use by mortgage lenders.

Mortgage Insurance Underwriting Guidelines added into LendingQB Automated Underwriting Engine

COSTA MESA, Calif. /eNewsChannels/ -- LendingQB, an end-to-end provider of loan origination software, announced that it has implemented the mortgage insurance (MI) companies' full set of underwriting guidelines into its automated underwriting system (AUS). As a result, MI eligibility and pricing is automatically calculated and paired with the investor's underwriting decision for a complete and accurate decision that is rendered instantly at the point-of-sale (POS).

International Document Services named by Mortgage Technology Magazine as a 'Top 50 Service Provider'

SALT LAKE CITY, Utah /eNewsChannels/ -- NEWS May 2, 2013: IDS, Inc. (International Document Services), a mortgage document preparation vendor, has made its third consecutive appearance on the 2013 Top 50 Service Providers list, issued by SourceMedia's Mortgage Technology magazine.

LendingQB Loan Origination Software helps Ventura County Credit Union Double its Volume

COSTA MESA, Calif. /eNewsChannels/ -- NEWS May 2, 2013: LendingQB, a provider of loan origination software, announced that since implementing its end-to-end loan origination system, California-based Ventura County Credit Union has been able to effectively manage rapid growth, maximize productivity across operations, cut originations costs and ensure excellence in member service.