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

Express Information Systems Named to Bob Scott 2018 List of Top 100 VARs List

eNewsChannels NEWS: -- Express Information Systems, a leading provider of business software and consulting for growing businesses in Texas and beyond, has announced its inclusion on Bob Scott's Top 100 VARs 2018 published by Progressive Media Group.

Tips for Selecting the Best Commercial Bank in California for Your Small Business

eNewsChannels NEWS: -- Bank of Southern California, N.A. (OTC Pink: BCAL), understands that selecting a commercial bank that fits your company's needs can be a grueling task. Tony DiVita, Chief Banking Officer at Bank of Southern California, shares the following valuable tips to help guide small businesses in selecting the right bank.

IDS Inc. and Veros Partner on Integrated Solution for Fannie Mae and Freddie Mac UCD Data Submissions

eNewsChannels NEWS: -- Veros Real Estate Solutions (Veros), a leading developer of enterprise risk management, collateral valuation, and predictive analytics services, and mortgage document preparation vendor International Document Services, Inc. (IDS) announced today that they have partnered to provide lenders with a fully integrated automated delivery solution for submitting the Uniform Closing Dataset (UCD) to the Government Sponsored Enterprises (GSEs).

Clarke County State Bank Helps Foster Future Iowa Leaders with Support of ‘Leader In Me Program’

eNewsChannels NEWS: -- Clarke County State Bank (CCSB), through the John T. Vucurevich Foundation, continues to support Clarke Elementary School as an official school in "The Leader in Me" program. Since 2012, CCSB has been a strong contributor to the program providing the base funding for its launch with foundation grants and bank donations.

Sparkle Coin Inc. Launches Next-Gen Cryptocurrency, Offering Maximum Transactability for eCommerce

eNewsChannels NEWS: -- Sparkle Coin, Inc. today introduced its eponymous cryptocurrency, the first of its kind backed by diamonds, as the initial step toward the company's goal of creating more efficient global economic growth to promote societal advancement by developing a platform that brings cryptocurrencies into the mainstream business and consumer markets. SparkleCOIN is a hybrid cryptocurrency possessing the best qualities of both PoW (Proof of Work) and PoS (Proof of Stake).
docmagic and besmartee

DocMagic and BeSmartee Integrate a Fast, Fully Digital Application Process for Borrowers

eNewsChannels NEWS: (TORRANCE, Calif.) -- DocMagic, Inc., the mortgage industry's leading provider of document production, automated compliance and comprehensive eMortgage services, announced that it completed an integration with BeSmartee, a leader in mortgage automation technology.
Mortgage Collaborative

Mortgage Collaborative Welcomes LaNette Holley as Director of Strategic Initiatives

eNewsChannels NEWS: (SAN DIEGO, Calif.) -- The Mortgage Collaborative (TMC), the nation's only independent mortgage cooperative, announced the hiring of LaNette Holley as their Director of Strategic Initiatives. Holley comes to The Mortgage Collaborative with over 25 years of experience in the area of mortgage lending.
Mid America Mortgage

Mid America Mortgage Inc. Purchases $2.7B in Mortgage Servicing Rights

eNewsChannels NEWS: (ADDISON, Texas) -- Mid America Mortgage, Inc. (Mid America) announced today it has acquired the mortgage servicing rights (MSRs) for $2.7 billion in government loans. The portfolio includes a number of delinquent VA- and FHA-insured loans. The sale was completed at the end of March, and LoanCare, Mid America’s sub-servicer, will take possession of the purchased MSRs on May 2.
Bank of Southern California

Banking Expert Jim Paul Joins Bank of Southern California N.A. in Del Mar

eNewsChannels NEWS: (SAN DIEGO, Calif.) -- Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL) announced that Jim Paul has joined the Bank as Vice President, Business Banking at the Del Mar Corporate office. He will primarily focus on building new client relationships for the bank.
Ventana Home Mortgage and OPENCLOSE

Ventana Home Mortgage Partners with OpenClose to Help Launch its New Mortgage Conduit Business

eNewsChannels NEWS: (WEST PALM BEACH, Fla.) -- OpenClose, an enterprise-class, multi-channel loan origination system (LOS) and mortgage software solutions provider, announced that Ventana Home Mortgage, LLC a residential mortgage conduit aggregator with a focus on the non-QM market, has signed with the company to utilize its OC Correspondent(TM) module. The web-based, turnkey solution will fully automate Ventana's new conduit business, and is expected to do so in less than 45 days.

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