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

MorVest Capital LLC has closed another mortgage servicing rights (MSR) credit facility for a Virginia company

DALLAS, Texas /eNewsChannels/ -- NEWS: MorVest Capital, LLC, in concert with its funding partner Customers Bank (NASDAQ:CUBI), today announced that this week it has closed another mortgage servicing rights (MSR) credit facility for a Virginia company, adding to its growing tally. MorVest Capital is a boutique investment firm primarily focused on providing capital and strategic solutions to the mortgage banking and residential finance industry.

Titan Lenders Corp (TLC) added eight new mortgage lender clients in the first half of 2011

DENVER, Colo. /eNewsChannels/ -- Titan Lenders Corp. (TLC) added eight new mortgage lender clients in the first half of 2011, including a national bank, correspondent lenders and broker-to-bankers. TLC, a U.S.-based domestic mortgage fulfillment outsource operation, offers a parallel and variable cost alternative solution to lenders that need to maintain correspondent back office and warehouse line management operations.

ReverseVision Inc announces its newest credit report partnership with CBCInnovis

SAN DIEGO, Calif. /eNewsChannels/ -- NEWS: ReverseVision, Inc. announces their newest credit report partnership with CBCInnovis, a leading provider of credit and risk management solutions headquartered in Columbus, Ohio. This integration within RV Exchange (RVX), ReverseVision's flagship reverse loan origination system (RLOS) platform, increases

International Document Services Advises Mortgage Lenders to Prepare for More State High-Cost Audits in 2010

SALT LAKE CITY, Utah -- International Document Services, Inc. (IDS), a mortgage document preparation vendor for closing documents, initial disclosures and reverse documents, expects...

ReverseVision Exchange Software selected by NOVA Home Loans

NEWS: (SAN DIEGO, Calif.) ReverseVision, Inc. announced today that NOVA(R) Home Loans (NOVA), a Tucson, Arizona-based mortgage lender serving the Southwestern United States, has selected RV Exchange (RVX) as its reverse mortgage loan origination software (LOS). NOVA has originated reverse mortgages as a correspondent lender since 2014.

Bill Walsh named CFO of Mortgage fulfillment outsource services expert Titan Lenders Corp

DENVER, Colo. /eNewsChannels/ -- Mortgage fulfillment outsource services expert Titan Lenders Corp. (Titan) is pleased to announce the appointment of corporate finance powerhouse, Bill Walsh, as chief financial officer. Mr. Walsh brings more than 35 years' experience in accounting and finance for a diverse portfolio of companies, including Nabisco Brands, Inc. and Leprino Foods Company.

Global DMS’ eTrac Platform helps CMG Financial Automate its Entire Appraisal Process

NEWS: (LANSDALE, Pa.) Global DMS, a leading provider of web-based compliant valuation management software, announced that CMG Financial (CMG), one of the nation's leading lenders, has streamlined the management of its appraisal process from start to finish using Global DMS' eTrac platform.

Mac Chiles joins Global DMS as Executive VP of Sales

NEWS: Global DMS, a leading provider of web-based compliant valuation management software, announced that it has hired Mac Chiles as executive vice president of sales. In this role, he will be responsible for managing the company's sales and business development functions for its eTrac(R) Enterprise valuation management platform and ancillary solutions.

MCT Trading named a 2011 Medallion winner for the 2011 Workplace Excellence Awards

SAN DIEGO, Calif. /eNewsChannels/ -- MCT Trading, Inc. (MCT), a leader in hedging and risk management services, announced that it has been named a 2011 Medallion winner for the annual Workplace Excellence Awards held by the San Diego Society for Human Resource Management (SD SHRM). Each year, the SD SHRM honors local companies having exceptional HR practices that become instrumental to their success and profitability.

IDS Builds New Interface with Del Mar DataTrac Software for Mortgage Lenders

SALT LAKE CITY, Utah /eNewsChannels/ -- International Document Services, a mortgage document preparation vendor, and Del Mar DataTrac, Inc., the leading provider of affordable mortgage lending automation solutions, and an industry pioneer in business intelligence, paperless lending, and loan process workflow tools, have rebuilt their partner interface to improve mortgage lenders' experience with the idsDoc platform and the DataTrac loan origination system of record.

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