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
IDS INC

International Document Services Inc. Acquires eMortgage Vendor Encomia

NEWS (SALT LAKE CITY, Utah) -- Mortgage document preparation vendor International Document Services (IDS), a division of The Reynolds and Reynolds Company, today announced its acquisition of Encomia, an established provider of electronic mortgage (eMortgage) solutions to depository and non-depository lending institutions
Simplifile

Simplifile Adds 5 Counties in Western U.S. to Nation’s Largest 2016 E-Recording Network

NEWS (PROVO, Utah) -- Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, today announced the addition of five county recording offices across California, New Mexico, and Washington to its e-recording network, the nation's largest.
Jeff Bode

Mid America Mortgage Adds Delinquent FHA-Insured Loans to Whole Loan Purchase Program

NEWS (ADDISON, Texas) -- Mid America Mortgage, Inc. (Mid America) Owner and Chief Executive Officer Jeff Bode today announced the firm will begin purchasing delinquent FHA loans as part of its whole loan purchase program. To be eligible for purchase, loans must have an active mortgage insurance certificate, and the original terms of the note must remain unmodified.
Nancy Alley

Mortgage WOMEN Names Simplifile VP Nancy Alley to 2016 ‘Mortgage WOMEN in Technology’ Award

NEWS (PROVO, Utah) -- Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, today announced Vice President of Strategic Planning Nancy Alley has been recognized in the "Corporate Visionaries" category in the 2016 "Mortgage WOMEN in Technology" award from Mortgage WOMEN Magazine.
Vince Wilson joins IDS

IDS Inc. adds Vince Wilson to Support Internal Mortgage Document Preparation Compliance

NEWS (SALT LAKE CITY, Utah) -- Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it has hired Vince Wilson as compliance officer and assistant in-house counsel. In this role, Wilson will be responsible for maintaining both federal and state compliance matrices and implementing changes to IDS compliance audits based on new laws and regulations.
Rob Massa and Craig Schmidt

EPIC Brokers Team Members Rob Massa and Craig Schmidt Honored as ‘Employee Benefit Advisers of the Year’

NEWS (SAN FRANCISCO, Calif.) -- EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, announced that Employee Benefit Adviser (EBA) has named Director of Retirement Rob Massa the "Retirement Advisor of the Year" and Senior Wellness Consultant Craig Schmidt the "Wellness Advisor of the Year" in the publication's 2016 Employee Benefit Advisers of the Year Awards.
ACES RISK Management

ARMCO Releases Inaugural Mortgage QC Industry Trends Report

NEWS (POMPANO BEACH, Fla.) -- ACES Risk Management (ARMCO), the leading provider of financial quality control and compliance software, announced it has released its ARMCO Mortgage QC Industry Trends report, covering the first quarter of 2016. Using the Fannie Mae loan defect taxonomy, the report details the analysis of post-closing quality control data from loan files and findings captured by the ACES Analytics benchmarking system.
Klaschka joins EPIC

EPIC Insurance adds Michael Klaschka to New York Financial Risk Solutions Practice

NEWS (NEW YORK, N.Y.) -- EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, announced today that Michael Klaschka, a specialist in the placement of professional liability insurance for the financial services and technology industries, has joined the firm's Financial Risk Solutions Practice.
ACES RISK Management

ARMCO Tackles TRID Change of Circumstance Errors using OCR Tech

NEWS (POMPANO BEACH, Fla.) -- Leading web-based financial services quality control (QC) software provider ACES Risk Management (ARMCO) announced it has made improvements to its TRIDCompare(R) tool to aid lenders in resolving TRID compliance issues regarding change of circumstance. Using Optical Character Recognition (OCR) technology with a 95 percent or better accuracy rate, the system automatically detects data discrepancies between multiple Loan Estimates (LEs) and Closing Disclosures (CDs).
IDS INC

International Document Services Adds a Fulfillment Dashboard to Mortgage Document System

NEWS (SALT LAKE CITY, Utah) -- Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it has introduced a fulfillment dashboard to its flagship mortgage document preparation system idsDoc. Through the dashboard, users have the ability to view, track and manage all document fulfillment requests to IDS through a single location.

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