Banking and Finance

Banking Industry News, Mortgage Finance, and Payment Processing

MCT and PCLENDER

PCLender and Mortgage Capital Trading (MCT) Integrate Solutions and Services

eNewsChannels NEWS: (SAN DIEGO, Calif.) -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing technology firm, announced that it has completed an integration between its secondary marketing solution and PCLender's loan origination system (LOS). The integration seamlessly transmits critical hedge pipeline data, saving time and enhancing information security.
Kristin Messerli

Twelve 11 Media Names Kristin Messerli as New Managing Editor at Mortgage Women Magazine

eNewsChannels NEWS: (LAS VEGAS, Nev.) -- Twelve 11 Media, the Publisher of "Mortgage Women Magazine" and "Mortgage Compliance Magazine," announced today that Kristin Messerli has been named Managing Editor of Mortgage Women Magazine. Kristin officially started on April 1, 2017 and the May-June 2017 issue of "Mortgage Women Magazine" will be the first issue produced under Kristin's leadership.
DAN HOUSTON of EPIC

EPIC Insurance to Present Best Practices on Data Breach Response at 2017 Georgia PRIMA Risk Management Conference

eNewsChannels NEWS: (ATLANTA, Ga.) -- EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, announced today that Senior Vice President of Enterprise Risk Management and Principal Dr. Dan Houston will present at Georgia Public Risk Management Association's (PRIMA) Annual Education Series on Wednesday, April 26 at 8:30 a.m. at the Savannah Civic Center.
AccountChek by FormFree

HLP to Offer Automated Asset Verification through Partnership with FormFree AccountChek

eNewsChannels NEWS: (BALTIMORE, Md.) -- HLP (Hope LoanPort) today announced it will integrate FormFree's AccountChek(TM) automated asset verification service into its communication platform, making it easier for consumers and HUD-certified, nonprofit housing counselors to apply for loan modifications and other options to avoid foreclosure.
ReverseVision

Atlantic Coast Mortgage Chooses ReverseVision’s RVX Loan Origination Software

eNewsChannels NEWS: (SAN DIEGO, Calif.) -- ReverseVision, the leading provider of software and technology for the reverse mortgage industry, today announced that Atlantic Coast Mortgage (ACM) has selected RV Exchange (RVX) loan origination software (LOS) to support its new home-equity conversion mortgage (HECM) division.
DocMagic

DocMagic Inc. Achieves 42 Percent Growth in 2016 Serving Mortgage Trade

eNewsChannels NEWS: (TORRANCE, Calif.) -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, reported a 42 percent increase in revenue for 2016. The company credits its growth to the mortgage industry's demand for products that enable TRID compliance, eSignatures and eClosings. This is the second consecutive year that DocMagic's revenue has increased by roughly 40 percent.
Bank of Southern California

Ms. Melyn Acasio Joins Bank of Southern California NA

eNewsChannels NEWS: (SAN DIEGO, Calif.) -- Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL) announced that Melyn Acasio has joined the Bank as Vice President, Client Relationship Manager at the Del Mar Corporate office. She will primarily focus on building new client relationships for the bank.
DocMagic

DocMagic Named to the 2017 HousingWire HW TECH100 List for the Fourth Straight Year

eNewsChannels NEWS: (TORRANCE, Calif.) -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that it was designated to HousingWire's HW100(TM) for the fourth year in a row. DocMagic was recognized for its contributions in loan document preparation, compliance, eSign and eDelivery solutions.
Mortgage Capital Trading

HousingWire Names MCT Trading a 2017 HW TECH100 Technology Provider for the First Time

eNewsChannels NEWS: (SAN DIEGO, Calif.) -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing technology firm, announced that it was designated a top 100 mortgage technology firm by HousingWire for the first time ever. The annual HW TECH100(TM) is designed to recognize the most innovative technology companies in the U.S. housing economy.
Maxwell Financial Labs

Maxwell Mortgage Automation Newly Enhanced with The Work Number from Equifax

eNewsChannels NEWS: (DENVER, Colo.) -- Maxwell, the emerging leader of digital mortgage automation software, unveiled today a partnership with Equifax Inc., a global information solutions provider, that will provide Maxwell customers and their borrowers with a faster, more seamless experience, beginning with automated employment and income verification through its proprietary database, The Work Number(R) (TWN).
Nancy Alley

Simplifile’s Nancy Alley Honored as 2017 ‘Tech All-Star’ in Mortgage Industry

eNewsChannels NEWS: (PROVO, Utah) -- Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, announced that Simplifile Vice President of Strategic Planning Nancy Alley was one of five mortgage technology innovators honored by the Mortgage Bankers Association (MBA) as a 2017 MBA Insights Tech All-Star.
Brent Chandler

FormFree’s Brent Chandler Named ‘Tech All-Star’ for 2017 by Mortgage Bankers Association

eNewsChannels NEWS: (ATLANTA, Ga.) -- FormFree today announced that its Founder and President Brent Chandler was one of five mortgage technology innovators recognized by the Mortgage Bankers Association (MBA) in its 2017 MBA Insights Tech All-Stars award. The award, now in its 16th year, recognizes "industry leaders who have made outstanding contributions in mortgage technology."
ARMCO MBA

Phil McCall of ARMCO Wins Prestigious 2017 MBA Tech All-Star Award

eNewsChannels NEWS: (CHICAGO, Ill.) -- National Technology Conference & Expo -- ACES Risk Management (ARMCO), the leading provider of financial quality control and compliance software, announced that Chief Operating Officer Phil McCall has won the Mortgage Banking Association's (MBA) 2017 Tech All-Star Award.
cloudvirga inc

cloudvirga Raises $15 Million in Series B Funding for Mortgage Automation Solutions

eNewsChannels NEWS: (IRVINE, Calif.) -- Cloudvirga(SM), developer of the automated, cloud-based intelligent Mortgage Platform(R) (iMP), announced today it has raised $15 million in a series B funding round led by Incenter, a Blackstone Group portfolio company. The new funding will support cloudvirga as it scales its technology and expands its product offerings.
LeaseAccelerator

Asset-Level Lease Accounting Standards Webinar to be Hosted by LeaseAccelerator

eNewsChannels NEWS: (GREAT FALLS, Va.) -- LeaseAccelerator announced today that it will be hosting an educational webinar on Asset-level lease accounting and its role in implementing ASC 842 and IFRS 16. The new lease accounting standards, introduced last year, will require companies to track real estate, equipment, and embedded leases as assets and liabilities on their balance sheets by end of 2018.
LBA Ware

LBA Ware Adds Matthew Marshall as Solutions Consultant in Georgia

eNewsChannels NEWS: (MACON, Ga.) -- LBA Ware, a leading provider of automated compensation software and systems integration solutions for mortgage lending and retail banking, announced it has hired Matthew Marshall as a solutions consultant to support the firm's sales efforts. In this role, Marshall will be responsible for articulating the value proposition of LBA Ware's solutions.
AccountChek by FormFree

FormFree Launches Integration of AccountChek with Ellie Mae’s Encompass Consumer Connect

eNewsChannels NEWS: (ATLANTA, Ga.) -- FormFree today announced that its AccountChek(TM) automated asset verification service is available through Ellie Mae's Encompass Consumer Connect(TM) point of sale loan origination solution, an extension of the Encompass mortgage management solution. Encompass Consumer Connect enables lenders to deliver a state-of-the-art, completely branded and unique self-service online loan origination experience for homebuyers.
Lender Price

Lender Price Marketplace Announced at 2017 NAMB East Association of Mortgage Professionals Convention

eNewsChannels NEWS: (ATLANTA, Ga.) -- Lender Price, the emerging leader in real-time, competitive mortgage analytics and product pricing & eligibility (PPE) solutions announced today that it is launching the Lender Price Marketplace at the 2017 NAMB East Association of Mortgage Professionals Convention exhibit in Atlanta, Georgia on March 16 - 18.
Brian Simons

Standard & Poor’s Approves Altavera for Residential Mortgage-Backed Securities Due Diligence

eNewsChannels NEWS: (DENVER, Colo.) -- Altavera Mortgage Services (Altavera), a Computershare company and leading provider of outsourced residential mortgage origination services, has been approved by Standard & Poor's Global Ratings (S&P) as a third-party due diligence provider for U.S. residential mortgage-backed securities (RMBS) rated by that agency.
ReverseVision

ReverseVision 2017 User Conference Draws Newcomers to Reverse Mortgage Industry

eNewsChannels NEWS: (SAN DIEGO, Calif.) -- ReverseVision, Inc., the leading provider of software and technology for the reverse mortgage industry, drew a record crowd of reverse mortgage lenders, brokers and industry newcomers to its second annual user conference February 8-10 at the Hilton San Diego Mission Bay Resort and Spa.

International Document Services, Inc. Achieves Sustained Mortgage Doc Prep Growth in 2016

eNewsChannels NEWS: (SALT LAKE CITY, Utah) -- Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it has achieved another year of sustained growth, increasing its total document volume by 55 percent over 2015. IDS also experienced a 43 percent increase in initial disclosure volume and a 73 percent increase in the use of its E-Signature technology. The company also acquired eMortgage vendor Encomia in September.
SIMPLIFILE

Simplifile Launches Integration with Ellie Mae Encompass Mortgage Management Platform

eNewsChannels NEWS: (PROVO, Utah) -- Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, announced that its Collaboration and Post Closing services will be available this month through Ellie Mae's Encompass(r) all-in-one mortgage management solution.
ALTAVERA

Altavera Mortgage Extends Fulfillment Operations to 10 New U.S. States

eNewsChannels NEWS: (DENVER, Colo.) -- Altavera Mortgage Services (Altavera), a Computershare company and leading provider of outsourced residential mortgage origination services, today announced that it has received residential mortgage licensing approval in ten new states, bringing to 36 its total number of state licenses. Altavera's origination services are newly available in Arkansas, Connecticut, Illinois, Iowa, Kansas, Minnesota, Mississippi, Oklahoma, South Carolina and the District of Columbia.
ARMCO

ARMCO’s Mortgage QC Industry Trends Report 16-Q3 Reveals Both Increases and Decreases in Key Areas of Loan Defects

eNewsChannels NEWS: (POMPANO BEACH, Fla.) -- ACES Risk Management (ARMCO), the leading provider of financial quality control and compliance software, announced that it has released its ARMCO Mortgage QC Industry Trends report for the third quarter of 2016. Using the Fannie Mae loan defect taxonomy, the report analyzes post-closing quality control data from loan files and findings captured by the ACES Analytics benchmarking system.
Global DMS

Global DMS Hires Industry Veteran Julie Bussey as Director of National Accounts

eNewsChannels NEWS: (LANSDALE, Pa.) -- Global DMS, a leading provider of cloud-based compliant valuation management software, announced that Julie Bussey has joined the company as national accounts director. In this businesses development position, she will play an instrumental role in introducing Global DMS' suite of automated valuation management technology solutions to the mortgage lending industry.

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