Banking and Finance

Banking Industry News, Mortgage Finance, and Payment Processing

SaaS company LendingQB recognized for its End-to-end Loan Origination System engineered with a Completely Seamless Lending Workflow

COSTA MESA, Calif. /eNewsChannels/ -- LendingQB, a provider of seamless Web-based mortgage lending technology, has been selected by SourceMedia's Mortgage Technology magazine as a finalist for its 'Release of the Year' award. LendingQB's innovative engineering of its SaaS end-to-end loan origination system (LOS) - and what it has accomplished for lenders - resulted in the company being named one of the three finalists for the award.

Mortgage SaaS Developer, Global DMS, is again named to Mortgage Technology magazine Top 50 Service Providers for 2012

LANSDALE, Pa. /eNewsChannels/ -- Global DMS, the leading provider of enterprise Web-based appraisal management software, announced that it has been named to Mortgage Technology magazine's coveted Top 50 Service Providers list for the fourth year in a row.

LendingQB SaaS PriceMyLoan AUS Interfaces with FHA TOTAL Scorecard – Allows Approved Lenders to Determine Eligibility on Ginnie Mae Loans

COSTA MESA, Calif. /eNewsChannels/ -- LendingQB, a provider is seamless mortgage lending technology, announced today that its PriceMyLoan automated underwriting systems (AUS) interface with the Federal Housing Administration's (FHA) TOTAL Scorecard platform can be utilized to decision and sell loans direct to Ginnie Mae.

One of the 2012 Best Places to Work in San Diego: MCT Trading, Inc. honored by the San Diego Business Journal

SAN DIEGO, Calif. /eNewsChannels/ -- MCT Trading, Inc. (MCT), a recognized leader in mortgage pipeline hedging and risk management services, announced that is has been named as one of the 2012 Best Places to Work in San Diego, California by the San Diego Business Journal (SDBJ).

Mortgage Technology Company, LendingQB, Signs 12 New Enterprise Clients in Q2-2012

COSTA MESA, Calif. /eNewsChannels/ -- LendingQB, a provider of seamless Web-based mortgage lending technology, announced that it had a banner second quarter, signing 12 new clients, which are either already in production or in the midst of implementation. New clients include mortgage bankers, community banks and credit unions, illustrating the platform's ability to serve all types of mortgage lending institutions

Mortgage Technology SaaS Company, Titan Lenders Corp., Celebrates Fifth Anniversary

DENVER, Colo. /eNewsChannels/ -- Mortgage fulfillment outsource services expert Titan Lenders Corp. (Titan) is marking the fifth anniversary of its founding.

International Document Services Engages Customers with Super User Group to Improve Mortgage Technology Cloud Solution

SALT LAKE CITY, Utah /eNewsChannels/ -- International Document Services, Inc. (IDS), a mortgage document preparation vendor, announced that it has formed an advisory board of IDS customers to solicit feedback on the performance of its flagship mortgage document preparation system, idsDoc, and develop ideas for further development and refinement of the system.

The Compliance Group, Inc. (TCG), has added A.J. Jacobson in the role of National Account Executive

SAN MARCOS, Calif. /eNewsChannels/ -- Leading mortgage compliance services provider, The Compliance Group, Inc., has added A.J. Jacobson in the role of National Account...

Titan Lenders Corp. named a 'Top 50 Service Provider' for 2012 by Mortgage Technology

DENVER, Colo. /eNewsChannels/ -- Mortgage fulfillment outsource services expert Titan Lenders Corp. has been named a '2012 Top 50 Service Provider' for the second consecutive year by SourceMedia's Mortgage Technology magazine.

International Document Services Named a 'Top 50 Service Provider' for Second Year by Mortgage Technology

SALT LAKE CITY, Utah /eNewsChannels/ -- International Document Services, Inc. (IDS), a mortgage document preparation vendor, has been listed among the 2012 Top 50 Service Providers, issued by SourceMedia's Mortgage Technology magazine. This marks the second year in a row IDS has been honored with this distinction.

Quandis, Inc. Announced that is has been Selected as a Top 50 Servicer Provider by Mortgage Technology Magazine

FOOTHILL RANCH, Calif. /eNewsChannels/ -- Quandis, Inc., a leading provider of default management technology solutions, announced that is has been selected as a Top 50 Servicer Provider by Mortgage Technology magazine back-to-back years.

LendingQB Integration with ComplianceEase Performs Continuous Automatic Mortgage Compliance Audits

COSTA MESA, Calif. /eNewsChannels/ -- LendingQB, a provider of seamless mortgage lending technology, announced that it completed an integration with ComplianceEase, the leading provider of mortgage compliance and risk management solutions. LendingQB integrated ComplianceEase's ComplianceAnalyzer product with its end-to-end loan origination system.

Risk Management Services announced by Titan Lenders Corp.

DENVER, Colo. /eNewsChannels/ -- Mortgage fulfillment outsource services expert Titan Lenders Corp. has added a new division, Titan Risk Management Services, an enterprise focused on a variety of critical services, including assisting banks and non-banks prepare for examinations by the Consumer Financial Protection Bureau (CFPB).

Seaside Summit hosted by CONIX Systems, Inc. seen as Innovation Forum for Emerging Payment Processing Needs

MANCHESTER, Vt. /eNewsChannels/ -- CONIX Systems, Inc. recently hosted its first Seaside Summit, which comprised a balanced cross-section of the nation's largest banks, regional and super regional banks, and leading payment processors. The summit was held May 29-31 in North Myrtle Beach, South Carolina.

Michael Persall CPA joins Bank of Southern California as Board Member

SAN DIEGO, Calif. /eNewsChannels/ -- Bank of Southern California announced today that Michael Persall, CPA and Investor was appointed to the company's board of directors. Mr. Persall is President of Persall Group and is a practicing certified public accountant with extensive experience in construction, real estate and finance.

John Swanson joins 360 Mortgage Group as Colorado Account Executive

DENVER, Colo. /eNewsChannels/ -- 360 Mortgage Group, a privately owned wholesale mortgage bank, announces that it has hired John Swanson as an account executive in its Western region. Swanson, a 10-year mortgage industry veteran with experience in direct sales and marketing for wholesale mortgage lending, will be specifically covering the Colorado market.

Mortgage Document Preparation Software from IDS can now accommodate FHA MI Hike

SALT LAKE CITY, Utah /eNewsChannels/ -- International Document Services, Inc. (IDS), a mortgage document preparation vendor, has revised its flagship mortgage document preparation system, idsDoc, to reflect the Federal Housing Administration's (FHA) mortgage insurance (MI) premium increase. The increase, one quarter of one point, will be applied to all 15-year and 30-year mortgages backed by the agency.

AdvoCharge, a Colorado-based Independent Merchant Service Provider, Announced Today That it Received an Investment from TechStars CEO David Cohen

BOULDER, Colo. /eNewsChannels/ -- AdvoCharge, a Boulder, Colorado-based independent merchant service provider, announced today that it received an investment from TechStars CEO and co-founder, David Cohen, to be used for business development and expansion. Cohen, known for his investments in early stage technology companies, commented that while helping AdvoCharge is a great investment by itself, the fact that many TechStars businesses have already benefited from AdvoCharge's services is an added bonus.

Kerry Masterson has joined MCT Trading as Regional Director, responsible for managing the Midwest Territory

SAN DIEGO, Calif. /eNewsChannels/ -- MCT Trading, Inc. (MCT), a recognized leader in mortgage pipeline hedging and risk management services, announced that Kerry Masterson has joined the company as Regional Director where he will be responsible for growing and managing the Midwest territory.

Loan Origination System Whitepaper Provides Guidance on Technology Evaluations and Purchases

COSTA MESA, Calif. /eNewsChannels/ -- LendingQB, a provider of seamless mortgage lending technology, announced that it published the availability of a free white paper designed for lenders that are considering replacing their loan origination system (LOS).

Multifunding ranks Bank of Southern California a Top Small Business Lender in San Diego

SAN DIEGO, Calif. /eNewsChannels/ -- Bank of Southern California, a locally owned community business bank has been recognized as one of the top small business lenders in the greater San Diego area according to the U.S. Small Business Administration and Multifunding, a financial advisory provider.

MCT Trading, Inc. has added Tawab Abawi to its Capital Markets Trading Team

SAN DIEGO, Calif. /eNewsChannels/ -- MCT Trading, Inc., a recognized leader in mortgage pipeline hedging and risk management services, announced that it added Tawab Abawi to its capital markets trading team.

Progressive Finance, a Merchandise Lease to Own Financer, Launches Customer Account Management Cloud Solution

SALT LAKE CITY, Utah /eNewsChannels/ -- Progressive Finance, a merchandise lease to own financer, is announcing the launch of a new online customer account management system. 'This has been something we know our customers have been looking forward to, and we're extremely excited about everything this new system will be providing,' said Progressive Vice President Nate Roe.

Omega Financial Services, Inc. has implemented LendingQB's Comprehensive Web-based Loan Origination System

COSTA MESA, Calif. /eNewsChannels/ -- LendingQB, a provider of seamless mortgage lending technology, announced that Omega Financial Services, Inc., a retail and wholesale mortgage banker, has implemented its comprehensive Web-based loan origination system (LOS) to automate each of its business channels.

Melanie Rocha joins 360 Mortgage Group LLC as Account Executive in Utah

AUSTIN, Texas /eNewsChannels/ -- 360 Mortgage Group, LLC, a privately owned wholesale mortgage bank, has hired Utah-based mortgage specialist Melanie Rocha as an account executive in its Western region. Rocha, a former 360 Mortgage Group employee, brings more than 10 years of mortgage industry experience.