Banking and Finance

Banking Industry News, Mortgage Finance, and Payment Processing

Mortgage Tech leader Quandis Inc, named to HW TECH100 List for 2014

FOOTHILL RANCH, Calif. /eNewsChannels/ -- NEWS: Quandis, Inc., a leading provider of default management technology solutions, today announced that it earned a spot on HousingWire magazine's 2014 HWTECH 100 list. Quandis is among 23 companies recognized in the servicing category of the list.

ReverseVision Inc. welcomes industry expert Mark Johnson as Customer Support Manager

SAN DIEGO, Calif. /eNewsChannels/ -- NEWS: ReverseVision, a leading software and technology provider for the reverse mortgage industry, today announced that industry expert Mark Johnson has joined its team in the role of Customer Service Manager. Johnson, who brings more than twenty years of reverse mortgage expertise, replaces Joseph Rinner who has moved into the role of Product Manager.

HousingWire magazine names Global DMS to HW TECH100 List for 2014

LANSDALE, Pa. /eNewsChannels/ -- NEWS: Global DMS, a leading provider of compliant valuation management software, today announced that HousingWire magazine designated the company to its new HW TECH100 list. The list honors the 100 most innovative technology firms in the U.S. housing economy. Global DMS is one of only six companies to be recognized in the valuations category.

Correspondent lending company Titan Capital Solutions announces it achieved significant growth in 2013

DENVER, Colo. /eNewsChannels/ -- NEWS: Titan Capital Solutions (TCS), a wholly-owned correspondent lending subsidiary of mortgage outsource services provider Titan Lenders Corp., today announced it has achieved significant growth in 2013, signing on 65 clients in its first full year of operations.

International Document Services, Inc. announces its idsDoc Platform Now Fully Supports E-Signatures for FHA Documents

SALT LAKE CITY, Utah /eNewsChannels/ -- NEWS: Mortgage document preparation vendor International Document Services, Inc. today announced that its flagship doc prep system idsDoc is fully capable of supporting electronic signatures for Federal Housing Administration (FHA) documents. The FHA announced on Jan. 30 that it would accept e-signatures on documents associated with FHA-insured loans.

What's Coming Next from Washington: MCT's Phil Rasori to Participate in CMLA Session on Pending Lender Legislation

SAN DIEGO, Calif. /eNewsChannels/ -- NEWS: MCT Trading, Inc., a recognized leader in mortgage pipeline hedging and risk management services, today announced that its COO, Phil Rasori, will share his insight on an upcoming panel assembled by the Community Mortgage Lenders of America (CMLA), which is designed to address legislative issues and trending that will impact mortgage lending in 2014. The panel is being held in Phoenix, Ariz. on March 2.

Shore Mortgage 'Flex Term' helps Homeowners Build Exact Loan Type Wanted

TROY, Mich. /eNewsChannels/ -- NEWS: Loan officers at Shore Mortgage - one of a select group of home lenders operating in all 50 states - are counseling clients right now on a new mortgage option that allows home owners to customize both the length of the loan and the payment like never before imagined.

Global DMS' single-source solution automates Forsythe Appraisal's entire appraisal process

LANSDALE, Pa. /eNewsChannels/ -- NEWS: Global DMS, a leading provider of compliant valuation management software, announced that Forsythe Appraisals, LLC, the largest independent provider of residential real estate appraisals in the United States, is leveraging the eTrac Enterprise platform to manage appraisal ordering, tracking and review for all of its branch offices covering 40 major metropolitan areas across the country.

United Wholesale Mortgage launches iOS and Android compatible Apps for Easy Access to Loan Information While in the Field

TROY, Mich. /eNewsChannels/ -- NEWS: United Wholesale Mortgage, the nation's largest wholesale lender, today announced that it has developed and launched a proprietary mobile application for its broker community. The application arms brokers with robust functionality and easy access to loan information while in the field.

Quandis announces Enhancements to PACER Bankruptcy Locater Solution to Identify Borrower Bankruptcies

ORLANDO, Fla. /eNewsChannels/ -- NEWS: Quandis, Inc., a leading national provider of default management technology solutions, announced at the MBA National Servicing Conference and Exposition in Orlando, Florida that it made significant enhancements to its automated searches of PACER (Public Access to Court Electronic Records), the United States Courts bankruptcy locater system.

OpenClose Implements Qualified Mortgage and Ability-to-Replay Rules, and client base is successfully processing QM loans

PALM BEACH, Fla. /eNewsChannels/ -- NEWS: OpenClose, an enterprise-class end-to-end loan origination system provider, today announced that is has implemented the functionality necessary for lenders to adhere to the Consumer Financial Protection Bureau's new Qualified Mortgage (QM) and Ability-to-Replay rules. The company's client base is successfully processing QM loans.

United Wholesale Mortgage launches Loan Status Communication Tool for Brokers and REALTORS

TROY, Mich. /eNewsChannels/ -- NEWS: United Wholesale Mortgage (UWM), the nation's largest wholesale lender, today announced that it rolled out UWM Track, which assists brokers in providing current status on loans to REALTORS(R). The efficiency and visibility the solution offers eliminates communication issues and facilitates the broker's ability to forge stronger relationships with REALTORS(R), thus increasing business.

Titan Lenders Corp. selected by Halo Companies Inc. for Secure REO Collateral Document Custody

DENVER, Colo. /eNewsChannels/ -- NEWS: Mortgage fulfillment outsource services expert Titan Lenders Corp. (Titan) announced it has been selected by nationwide distressed asset firm Halo Companies, Inc. (OTCMKTS:HALN), to retain custody of documents and collateral related to distressed asset purchases for its clients. As such, Titan will take possession of the original assets purchased by a firm, image the related documents, research the assignments and ensure that the chain of title has been done correctly.

Healthcare INSIGHTS Financial Management Software Named KLAS #1 Budgeting Solution for Third Year

LIBERTYVILLE, Ill. /eNewsChannels/ -- NEWS: For the third consecutive year, Healthcare Insights, LLC, a leading provider of financial management and decision-support solutions for the healthcare industry, has earned a #1 spot in the 'Best in KLAS Awards: Software and Services, Market Segment Category, Budgeting.'

Quandis, Inc., a leading provider of default management technology solutions, announces Custom Form Builder

FOOTHILL RANCH, Calif. /eNewsChannels/ -- NEWS: Quandis, Inc., a leading provider of default management technology solutions, today announced its Custom Form Builder, a tool that empowers business people with the ability to easily and quickly make changes to complex workflow-driven Web forms. The solution exponentially reduces development time frames and costs for organizations.

Regent Education Reports Record Growth in 2013 Fueled by Sales of the Company's Flagship Product, Regent 8

FREDERICK, Md. /eNewsChannels/ -- NEWS: Regent Education, the leading provider of financial aid and enrollment management software solutions, is pleased to announce its third consecutive year of triple digit growth. In 2013, growth was fueled by sales of the company's flagship product, Regent 8, to multiple new clients across all segments of higher education. Regent 8 is the only solution to support financial aid for non-traditional enrollment models.

The Compliance Group has identified several areas that servicers should pay strict attention to in the event of regulatory audit

CARLSBAD, Calif. /eNewsChannels/ -- NEWS: The CEO of mortgage compliance services provider The Compliance Group, Inc., Annemaria Allen, has identified several areas that servicers should pay strict attention to in the event of an audit by a regulatory agency, particularly the Consumer Financial Protection Bureau or Federal Housing Administration.

Mortgage Document Preparation Drives Expansion of IDS Inc. Customer Service Team in 2013

SALT LAKE CITY, Utah /eNewsChannels/ -- NEWS: Mortgage document preparation vendor International Document Services, Inc. today announced it has expanded its internal customer service team by 72 percent in 2013 and its overall staff by 45 percent. The company attributes the expansion to increased demand for the company's initial disclosure document preparation services and electronic signature functionality.

Daniel Miller named VP Business Development at mortgage document preparation vendor International Document Services, Inc.

SALT LAKE CITY, Utah /eNewsChannels/ -- NEWS: International Document Services, Inc. (IDS, Inc.) today announced it has hired Daniel Miller as vice president of business development. With nearly 20 years' experience in sales, Miller will be responsible for overseeing IDS's various partner integrations and new customer implementations, in addition to managing and growing IDS's Western sales region.

Mortgage Capital Trading moves HQ to Larger Facility in San Diego to Expand Risk Management Services

SAN DIEGO, Calif. /eNewsChannels/ -- NEWS: San Diego's MCT Trading, Inc. (Mortgage Capital Trading), a recognized leader in mortgage pipeline hedging, outsourced lock desk and risk management services, today announced that it relocated its corporate HQ to a larger facility. The move provides MCT with the necessary infrastructure to accommodate its increasing growth and the capacity to continue delivering elevated support to clients.

ReverseVision, Inc. adds appraisal services from Landmark Network to its ReverseVision Reverse Loan Origination System

SAN DIEGO, Calif. /eNewsChannels/ -- NEWS: ReverseVision, Inc. today announced the addition of appraisal services from Landmark Network to the ReverseVision Reverse Loan Origination System (RLOS) platform. The addition of Landmark Network's appraisal service enables ReverseVision users to simply order an appraisal with the click of a button.

Robert Jayne, VP Vanguard Funding LLC, Earns Prestigious NRMLA Certified Reverse Mortgage Professional Designation

GARDEN CITY, N.Y. /eNewsChannels/ -- NEWS: The Vice President of Vanguard Funding LLC, Robert Jayne, has joined the elite group of mortgage professionals to attain standing as a nationally recognized Certified Reverse Mortgage Professional (CRMP). The National Reverse Mortgage Lenders Association (NRMLA) has granted Jayne this distinguished certification as he has demonstrated he is confident in his skills and involved in the advancement of the reverse mortgage industry.

Andrea Kaye Show Financial News and Talk radio features San Diego Family Law Attorney Stanley Prowse

CARLSBAD, Calif. /eNewsChannels/ -- NEWS: Carlsbad attorney Stan Prowse was approached in early 2013 by the Andrea Kaye Financial News and Talk radio show to participate in a Legal Eagle series of segments focused on Family Law. Since that time seven segments have been produced and aired live on AM1450 San Diego and AM1510 Las Angeles.

United Wholesale Mortgage named the number one wholesale lender in U.S. in origination volume as ranked by Mortgagestats

TROY, Mich. /eNewsChannels/ -- NEWS: United Wholesale Mortgage, one of the nation's fastest growing wholesale lenders, has become the number one wholesale lender in the country in origination volume as ranked by Mortgagestats for Q3/2013. UWM has been growing at a rapid rate over the past several years and has now achieved the top slot for the first time ever.

UWM's Flex Term Program Empowers Loan Originators with Ability to Customize Perfect Loan for Customers

TROY, Mich. /eNewsChannels/ -- NEWS: United Wholesale Mortgage (UWM), one of the largest wholesale mortgage lenders in the U.S., today announced that it has designed a new program that provides originators with the option for borrowers to select the amortization term that works best for their financial situation.