Banking and Finance

Banking Industry News, Mortgage Finance, and Payment Processing

Financial Services Marketing Firm, Truebridge Inc., welcomes Ken Wells as EVP of Relationship Marketing for Banking Industry

BOSTON, Mass. /eNewsChannels/ -- NEWS Apr 30, 2013: Truebridge, Inc., a Boston-based financial services marketing firm for banks and credit unions, has hired Ken Wells as EVP of Relationship Marketing. In this role, Ken will head up a new unit that helps financial institutions maximize the power of their retail organization to drive more revenue from multiple business lines.

Quandis Inc. named a Top 50 Service Provider for web-based mortgage technology, third year in a row

FOOTHILL RANCH, Calif. /eNewsChannels/ -- NEWS Apr 29, 2013: Today, Quandis, Inc., a leading provider of web-based default management technology solutions, announced that is has been recognized as a Top 50 Servicer Provider by Mortgage Technology magazine for the third consecutive year.

Annemaria Allen of The Compliance Group Inc named to California Mortgage Bankers Association Board of Directors

SAN MARCOS, Calif. /eNewsChannels/ -- NEWS Apr 26, 2013: Today, The Compliance Group, Inc., a leading mortgage compliance services provider, has announced that the California Mortgage Bankers Association recently named its CEO and president Annemaria Allen a director.

Interthinx 2012 Mortgage Fraud Risk Report, Shows Seven of Top 10 Riskiest States for Mortgage Fraud Located on East Coast

AGOURA HILLS, Calif. /eNewsChannels/ -- NEWS Apr 25, 2013: Interthinx, a Verisk Analytics, Inc. (NASDAQ:VRSK) subsidiary, and a leading provider of comprehensive risk mitigation solutions for the financial services industry, has released its annual Mortgage Fraud Risk Report, a report covering data and trends based on analysis of loan applications processed in 2012 by the Interthinx FraudGUARD(R) system.

Nicole Delzer joins leading mortgage compliance services provider The Compliance Group

SAN MARCOS, Calif. /eNewsChannels/ -- NEWS Apr 22, 2013: The Compliance Group, Inc., a leading mortgage compliance services provider, has hired sales veteran Nicole Delzer as national sales director. Delzer's responsibilities will include new business development, as well as managing national sales pipeline and internal sales team.

Matt Steck joins Titan Lenders Corp Exec Team as Chief Information Officer

DENVER, Colo. /eNewsChannels/ -- NEWS Apr 18, 2013: Mortgage technology services expert Titan Lenders Corp. has brought on software development specialist, Matt Steck, as the company's chief information officer. With more than 15 years of experience in information technology, Steck will be responsible for all software development initiatives within the Titan family of companies.

Titan Lenders Corp now offers Platinum Data Solution's RealView automated underwriting appraisal tool

DENVER, Colo. /eNewsChannels/ -- NEWS Apr 11, 2013: Mortgage fulfillment outsource services expert Titan Lenders Corp. (Titan) now offers Platinum Data Solution's RealView(TM) automated underwriting appraisal tool to its growing clientele of mortgage lenders and related residential finance service providers, including servicers, investors and state housing finance agencies.

Dr. Barry Eichengreen to guest on 'Market Wrap with Moe Ansari' radio show to discuss the ongoing Eurozone crisis

NEWPORT BEACH, Calif. /eNewsChannels/ -- On April 10, Dr. Barry Eichengreen will be the Guest Expert on 'Market Wrap with Moe Ansari,' a nationally syndicated radio show that analyzes Wall Street news and provides insight into the complexities of the stock market.

Mortgage document prep leader, International Document Services saw an unprecedented period of record month-over-month volume in 2012

SALT LAKE CITY, Utah /eNewsChannels/ -- IDS Inc. (International Document Services), a mortgage document preparation vendor, saw an unprecedented period of record month-over-month volume in 2012. In addition, the firm also experienced increased demand for its initial disclosure services.

Why Lenders are Challenged to Implement Loan Origination Technology Systems to be addressed at LendingQB Webinar

COSTA MESA, Calif. /eNewsChannels/ -- LendingQB, a provider of end-to-end loan origination SaaS, announced that it will be holding a free webinar on why lenders struggle to successfully implement new loan origination technology systems (LOS). The webinar will be held on March 27, 2013, at 1 p.m. Eastern Time.

Bank of Southern California acquires La Quinta office branch building from FDIC

SAN DIEGO, Calif. /eNewsChannels/ -- Today, after more than two years of leasing their La Quinta office, Bank of Southern California announced that they have acquired the space permanently from the FDIC. At the end of 2010, Bank of Southern California began leasing the space, as well as another location in Palm Springs, when it acquired the two branch offices from Palm Desert National Bank.

Union Bancorp and Riverview Financial jointly announced today that they have signed a definitive agreement to consolidate their respective holding companies

MARYSVILLE, Pa. /eNewsChannels/ -- Riverview Financial Corporation (Riverview) (OTCQB:RIVE / PINK:RIVE), the holding company for Riverview Bank, and Union Bancorp, Inc. (Union) (OTCQB:UBPT), the holding company for Union Bank and Trust Company, jointly announced today that they have signed a definitive agreement to consolidate their respective holding companies and merge their bank subsidiaries.

Global DMS and MortgageFlex Systems integrate eTrac Enterprise platform with LoanQuest loan origination system

LANSDALE, Pa. /eNewsChannels/ -- Global DMS, a leading provider of Cloud-based compliant valuation management software, and MortgageFlex Systems, an established technology provider of mortgage loan software, announced that its eTrac Enterprise platform is integrated with MortgageFlex's loan origination system (LOS), LoanQuest.

CONIX Systems Risk Detective Supports FFIEC Customer Due Diligence and Suitability Guidance for RDC

MANCHESTER, Vt. /eNewsChannels/ -- CONIX Systems, Inc. is introducing its Risk Detective(TM) solution for real time scoring of client eligibility in support of financial institutions' risk management strategies. Challenged to comply efficiently with FFIEC guidelines and to mitigate the risk associated with the expansion of payment options, financial institutions must carefully target the marketing and availability of these products only to customers who have been properly vetted.

Trustmark National Bank enhances its risk management infrastructure with CONIX Systems Fraud Detective

MANCHESTER, Vt. /eNewsChannels/ -- CONIX Systems, Inc., a leading international provider of payment processing solutions to the financial services industry, is pleased to announce that Trustmark National Bank (Trustmark) will add Fraud Detective(R) to the bank's payment processing operation. Trustmark, with approximately 220 branch locations in Alabama, Florida, Mississippi, Tennessee, and Texas, is a subsidiary of Trustmark Corp (NASDAQ:TRMK).

LendingQB lauded for Loan Origination System Implementation at OGI Mortgage Bankers in Los Angeles

COSTA MESA, Calif. /eNewsChannels/ -- LendingQB, a provider of end-to-end loan origination software, announced today that they successfully implemented their web-based, mortgage lending platform for OGI Mortgage Bankers, a fast-growing mortgage lender based in Los Angeles. Within seven weeks of signing a contract, OGI was able to launch and begin using a fully custom configured LendingQB platform immediately.

Property Valuation Fraud Risk Up 25 Percent Q4-2012, says latest Mortgage Fraud Risk Report from Interthinx

AGOURA HILLS, Calif. /eNewsChannels/ -- Interthinx, a Verisk Analytics (NASDAQ: VRSK) subsidiary, and a leading provider of comprehensive risk mitigation solutions for the financial services industry, has released its quarterly 'Mortgage Fraud Risk Report,' covering data collected in the fourth quarter of 2012.

The Predictive Analytics Group at Interthinx announces white paper: 'A Proven Approach to Stress Testing Consumer Loan Portfolios'

AGOURA HILLS, Calif. /eNewsChannels/ -- The Predictive Analytics Group at Interthinx, a Verisk Analytics (NASDAQ:VRSK) subsidiary, announced today the availability of a white paper outlining its recommendations for conducting stress testing on retail lending portfolios: 'A Proven Approach to Stress Testing Consumer Loan Portfolios.'

Author Ed Carlson to Discuss How to Time Stock Market Cycles on 'Market Wrap with Moe Ansari' Talkshow

NEWPORT BEACH, Calif. /eNewsChannels/ -- On Feb. 20, 'Market Wrap with Moe Ansari' will host Ed Carlson, author of 'George Lindsay's An Aid to Timing' (ISBN: 978-0615720371). There are many methodologies for deciding when to buy and sell in the stock market, and the right advice can be invaluable.

The Compliance Group Inc now offers services supporting mortgage lenders' adaptation to the CFPB's Compliance Management System

SAN MARCOS, Calif. /eNewsChannels/ -- Leading mortgage compliance services provider The Compliance Group, Inc. (TCG), now offers services supporting mortgage lenders' adaptation to the Consumer Financial Protection Bureau's (CFPB's) Compliance Management System requirements.

Mortgage Technology Company, Global DMS, Preps to Handle Increasing Demand for its Valuation Management SaaS

LANSDALE, Pa. /eNewsChannels/ -- Global DMS, a leading provider of Web-based compliant valuation management software, announced that due to an uptick in the mortgage industry's need for its suite of SaaS-based technology solutions, the company has experienced significant organizational growth.

At 2013 Southern Secondary Market Conference LendingQB to talk about 'You Configure vs. We Configure' technology

COSTA MESA, Calif. /eNewsChannels/ -- LendingQB, a provider of end-to-end loan origination software, announced that it will be exhibiting at the Texas Mortgage Bankers Association annual Southern Secondary Market Conference for the first time. The event will be held at the Marriott Woodlands Waterway Hotel and Convention Center in Houston.

Mortgage Lending Service Provider Governance Program announced by Titan Risk Management Services

DENVER, Colo. /eNewsChannels/ -- Titan Risk Management Services (TRMS), a division of mortgage fulfillment outsource services expert Titan Lenders Corp. (Titan), is expanding its offerings to include development, management, monitoring, and support services for Service Provider Governance initiatives.
The Compliance Group

Annemaria Allen, founder of The Compliance Group, Inc. warns new CFPB Rules Put Mortgage Servicers in Customer Service Business

SAN MARCOS, Calif. /eNewsChannels/ -- Annemaria Allen, founder and president of leading mortgage compliance services provider The Compliance Group, Inc. (TCG), encourages mortgage servicers to embrace a 'borrower-adaptive' attitude in light of the Consumer Financial Protection Bureau's (CFPB's) final mortgage servicing rules.

Kevin Miller joins MCT Trading, Inc. in Philadelphia as Trading Analyst

SAN DIEGO, Calif. /eNewsChannels/ -- MCT Trading, Inc., a recognized leader in mortgage pipeline hedging and risk management services, announced that Kevin Miller has joined the company in the capacity of trading analyst. Miller will work on MCT's capital markets trading team to provide clients with independent analysis, training, hedging strategies and loan sale execution services.