Banking and Finance

Banking Industry News, Mortgage Finance, and Payment Processing

At the 99th MBA Annual Convention and Exposition, Quandis Launches New SaaS Skip Trace Application for Default Servicing

CHICAGO, Ill. /eNewsChannels/ -- Quandis, Inc., a leading provider of default management mortgage technology solutions, announced at the 99th MBA Annual Convention and Exposition that it released a Web-based skip trace application to locate individuals that are in default via a centralized platform. The solution can be utilized by mortgage companies to quickly locate, contact and personally engage with borrowers who are in distressed financial situations.

Global DMS Launches SaaS 'Global Unity Project' for LOS Providers at MBA Annual Convention and Exposition

CHICAGO, Ill. /eNewsChannels/ -- Global DMS, the leading provider of Web-based compliant valuation management software, announced at the 99th MBA Annual Convention and Exposition the official introduction of Global Unity, which seamlessly integrates its solution with leading loan origination systems (LOS). Global Unity provides lenders, banks and credit unions with 100 percent control over their entire collateral valuation process-with zero risk.

Titan Lenders Corp announces its entry into the correspondent channel with the creation of Titan Capital Solutions

DENVER, Colo. /eNewsChannels/ -- Mortgage fulfillment outsource services expert Titan Lenders Corp. (Titan) announced its entry into the correspondent channel with the creation of Titan Capital Solutions (TCS), a wholly-owned correspondent lending subsidiary. The announcement was made during the Mortgage Bankers Association's 99th Annual Convention and Expo in Chicago.

FirstClose Title announces that its CEO, Cynthia Waterman, will be available the 99th MBA Annual Convention to discuss title insurance issues

AUSTIN, Texas /eNewsChannels/ -- FirstClose Title announced that its CEO, Cynthia Waterman, will be available at the 99th MBA Annual Convention and Exposition at the Hyatt Regency in Chicago, Illinois October 21-24 to discuss title insurance issues in the mortgage banking industry and how they can be remedied. She is available by appointment at the show or via phone interviews after the show.

United Wholesale Mortgage announces Huge Uptick in Originations for Q3 – Grows Residential Lending Volume 62 percent from Q2 to Q3

BIRMINGHAM, Mich. /eNewsChannels/ -- United Wholesale Mortgage (UWM), a national wholesale mortgage lender operating in 49 states, announced that it grew its residential lending volume from $1.245 billion in Q2 to $2.019 billion in Q3, representing a 62 percent increase.

Mortgage SaaS Tech firm, LendingQB to share results from Enterprise Process Assessment engagements with clients and prospects

COSTA MESA, Calif. /eNewsChannels/ -- LendingQB, an end-to-end browser-based LOS provider, revealed the results from its Enterprise Process Assessment (EPA) engagements with clients and prospects, which is a workflow evaluation model designed that helps lenders make objective decisions on their technology initiatives.

Demand Highest for Outsourced Mortgage Fulfillment, MERS QA Audit Services, according to Titan Lenders Corp

DENVER, Colo. /eNewsChannels/ -- Mortgage fulfillment outsource services expert Titan Lenders Corp. (Titan) has signed 24 new customers since August 2011, a 50 percent increase in new business gains over the same period last year. Titan's lead offerings during the last 12 months include general fulfillment services, MERS QA audit services, warehouse QC services, Mortgage Access Program (MAP) and collateral retention services.

Intelligent Fiscal Optimal Solutions Awarded U.S. Department of Treasury IDIQ Contract, will Recruit up to 100 Field Reviewers

CLARKSVILLE, Md. /eNewsChannels/ -- iFOS, as an emerging leader in Federal financial solutions and technology, announced that the firm was awarded an Indefinite Delivery, Indefinite Quantity (IDIQ) base plus 4 option years contract award to support CDFI grant programs. This effort will require iFOS to recruit up to 100 field reviewers that can evaluate CDFI grant applications submitted from start-up organizations as well as large, national scale enterprises.

Analysts at Bank Foreclosures Sale Release a New Infographic Relationship Between Home Ownership Rates and Household Income

MIAMI, Fla. /eNewsChannels/ -- Analysts and real estate market experts at BankForeclosuresSale.com have just released a revealing new infographic providing home buyers and investors with valuable insight into the causes and effects of the recent housing crisis.

International Document Services Named a Finalist for Lenders Choice Mortgage Technology Awards

SALT LAKE CITY, Utah /eNewsChannels/ -- International Document Services (IDS), a mortgage document preparation vendor, announced it has been named a 2012 finalist for the Mortgage Technology Lenders' Choice Award.

Six of International Document Services' Customers Named 'Top Tech-Savvy Lenders'

SALT LAKE CITY, Utah /eNewsChannels/ -- International Document Services (IDS), a mortgage document preparation vendor, announced six of its customers were recognized as '2012 Top Tech-Savvy Lenders and Servicers' by Mortgage Technology Magazine in its September issue.

Mortgage industry veteran Doug Beaty recruited to drive sales strategy, grow business development team at FirstClose

AUSTIN, Texas /eNewsChannels/ -- FirstClose, a recognized aggregator of mortgage settlement services, announced it hired industry veteran Doug Beaty as executive vice president of national sales. In this role, he is responsible for providing leadership to execute on the company's goal of expanding its business and marketing its product line.

LendingQB LOS users gain seamless access to DocMagic's document preparation SaaS solution

COSTA MESA, Calif. /eNewsChannels/ -- LendingQB, a provider of end-to-end loan origination software, announced that they completed a seamless interface with DocMagic's document production and compliance technology. The integrated solution provides users working in LendingQB's loan origination system (LOS) with seamless access to DocMagic's document preparation functionality. The companies partnered to make the process of ordering, sending, signing and receiving compliant mortgage documents as effortless as possible.

Cloud-based mortgage back office fulfillment services firm, Titan Lenders Corp, launches new corporate services web portal

DENVER, Colo. /eNewsChannels/ -- Mortgage fulfillment outsource services expert Titan Lenders Corp. (Titan) is launching a refreshed corporate website, marking the observance of its fifth business anniversary and reflecting its broadened service offerings for mortgage bankers, community banks, investors and servicers

Mortgage compliance veteran Russ Tolleson joins The Compliance Group, Inc.

SAN MARCOS, Calif. /eNewsChannels/ -- Leading mortgage compliance services provider, The Compliance Group, Inc. (TCG), has added 17-year mortgage compliance veteran Russ Tolleson as Senior Compliance Officer to support the firm's expanding client roster comprised of mortgage bankers, mortgage servicers, independent mortgage lenders, community banks and credit unions.

International Document Services (IDS) Sets New Record for Mortgage Document Preparation Volume in 2012

SALT LAKE CITY, Utah /eNewsChannels/ -- Data compiled by mortgage document preparation vendor International Document Services (IDS) shows that the company has significantly increased its 2012 document preparation volume over the same period in 2011.

Bryan DeShasier joins Titan Lenders Corp as Director of new Risk Management Division

DENVER, Colo. /eNewsChannels/ -- Mortgage fulfillment outsource services expert Titan Lenders Corp. (Titan) has expanded its newest division, Titan Risk Management Services (TRMS) with the addition of Bryan DeShasier as director. DeShasier, who brings more than 18 years of mortgage industry operations, servicing, quality control and business intelligence experience, will also serve as vice president of Titan Capital Solutions.

Ecologic Leasing announces New Version of LeaseAccelerator SaaS Enabling Equipment Lessees to move to New Lease Accounting Standard

WASHINGTON, D.C. /eNewsChannels/ -- Ecologic Leasing Services announced today that the company has released a new version of LeaseAccelerator that is designed to enable equipment lessees, the users of leased equipment, to transition in the most efficient and effective manner to the expected new lease accounting standard. Ecologic made the announcement at the Equipment Leasing and Finance Association's (ELFA) 2012 Lease and Finance Accountants Conference in Washington, D.C.

CFPB Exam Readiness Webinar to be presented by Titan Risk Management Services

DENVER, Colo. /eNewsChannels/ -- To address the confusion and rumors circulating regarding examinations by the Consumer Financial Protection Bureau (CFPB), Titan Risk Management Services, a division of mortgage fulfillment outsource services expert Titan Lenders Corp. (Titan), will host a webinar on CFPB examination readiness on Wednesday, Sept. 19 at 1 p.m. MT.

International Document Services (IDS) congratulates its partner On The Go Technology on being named a 2012 finalist in the Harnessing Mobile...

SALT LAKE CITY, Utah /eNewsChannels/ -- International Document Services (IDS), a mortgage document preparation vendor, congratulates its partner On The Go Technology, developer of the mobileLO 1003 mobile application, on being named a 2012 finalist in the 'Harnessing Mobile' award category from SourceMedia's Mortgage Technology magazine. IDS co-sponsored On The Go Technology's nomination.

LendingQB, a provider of seamless mortgage lending technology, announced that 3Rivers Federal Credit Union has selected its LOS SaaS

COSTA MESA, Calif. /eNewsChannels/ -- LendingQB, a provider of seamless mortgage lending technology, announced that 3Rivers Federal Credit Union, based in Fort Wayne, Indiana, has selected its cloud-based end-to-end loan origination system (LOS). The platform is being configured to streamline 3Rivers' unique workflow and internal processes in all areas of its mortgage lending business.

Mortgage fulfillment outsource services expert Titan Lenders Corp. has been named a finalist for the coveted 2012 Fix-It Award

DENVER, Colo. /eNewsChannels/ -- Mortgage fulfillment outsource services expert Titan Lenders Corp. has been named a finalist for the coveted 2012 Fix-It Award from Source Media's Mortgage Technology magazine. Titan Lenders Corp. was nominated based upon its development of MinTrak(TM) a solution that enables servicers and MERS(R) Members to meet emerging MERS compliance requirements.

Art Market Expert Rayah Levy of ArteQuesta says Investing in Art is Hot Topic in Banking Community

MILL VALLEY, Calif., /eNewsChannels/ -- Rayah Levy, a San Francisco Bay area based art investment expert, and founder of ArteQuesta, presented to the TIME Financial Summit Group Meeting on August 22.

CONIX Systems introduces Image Analytics in Response to Financial Institutions' Risk Mitigation Needs

MANCHESTER, Vt. /eNewsChannels/ -- CONIX Systems, Inc. (CONIX), a leading provider of payment processing solutions, is introducing image analytics to enhance its fraud and duplicate detection solutions. This enhancement enables financial institutions to further mitigate significant risk exposure in their payment processing operations

LendingQB's SaaS Loan Origination System implemented by Ventura County Credit Union

COSTA MESA, Calif. /eNewsChannels/ -- LendingQB, a provider of seamless mortgage lending technology, announced that California-based Ventura County Credit Union (VCCU) has successfully implemented its end-to-end browser-based loan origination system (LOS). VCCU is using LendingQB's LOS platform to effectively manage growth, ensure excellence in member service and cut originations costs.