Banking and Finance

Banking Industry News, Mortgage Finance, and Payment Processing

CCMC Inc. Announces Availability of its New Lending-Connector Product Family

ALTAMONTE SPRINGS, Fla. /eNewsChannels/ -- CCMC Inc., the leading provider of integration solutions for lending systems, announces the availability of its new Lending-Connector(TM) product family. The cutting edge Lending-Connector(TM) products are designed to carry loan workflow automation and employee productivity to the next level.

United Wholesale Mortgage announces that it has launched a new product, dubbed ELITE

BIRMINGHAM, Mich. /eNewsChannels/ -- United Wholesale Mortgage (UWM), a national wholesale mortgage lender operating in 47 states, announced that it launched a new product, dubbed ELITE, that offers the best conventional rates and pricing in the industry. Recognized industry-wide for first-class customer service, UWM is pleased to provide their signature service combined with the most aggressive rates and pricing in the industry for elite borrowers.

Success with HARP 2.0: 360 Mortgage Group Now Helping Significant Number of Qualified Underwater Borrowers

AUSTIN, Texas /eNewsChannels/ -- 360 Mortgage Group, a privately owned wholesale mortgage banker, officially began accepting applications for HARP 2.0 loans on Monday, March 19, 2012, specifically serving challenged and underwater borrowers. Subsequently, 360 has experienced a significant increase in loan volume, resulting in the largest active pipeline since the company's 2007 founding.

MBA National Secondary Marketing Conference: MCT Trading Inc Launches LockCentral Service for Lenders

SAN DIEGO, Calif. /eNewsChannels/ -- MCT Trading, Inc. (MCT), a recognized leader in mortgage pipeline hedging and risk management services, announced it established an outsourced service that implements and manages a centralized lock desk for mortgage bankers that offers them a viable alternative to operating an in-house lock desk.

Phil Rasori, COO of MCT Trading to speak at Market Insight Conference in Sacramento

SAN DIEGO, Calif. /eNewsChannels/ -- MCT Trading, Inc. (MCT), a recognized leader in mortgage pipeline hedging and risk management services, announced that its COO, Phil Rasori, will speak on a panel at the Mortgage Insight Conference on April 26 in Sacramento, Calif. The session will analyze the future of the mortgage business and address the challenges and opportunities facing loan originators.

Mortgage lending veteran Gino Berchock joins 360 Mortgage Group for the Georgia Market

AUSTIN, Texas /eNewsChannels/ -- 360 Mortgage Group LLC, a privately owned wholesale mortgage bank, announces that it has added 20-year mortgage lending veteran Gino Berchock as an account executive in its Southern region, specifically targeting the Georgia market.

Glenn Bonds added as account exec for Maryland and Mid-Atlantic region by 360 Mortgage Group LLC

AUSTIN, Texas /eNewsChannels/ -- 360 Mortgage Group LLC, a privately owned wholesale mortgage bank, has added Glenn Bonds as account executive for its Mid-Atlantic region. In his more than 15 years' mortgage industry experience, Bonds has held leadership positions and earned a reputation for optimizing broker performance

New LendingQB Service Provides Comprehensive Analysis to Optimize Lenders' Workflows and Reduce Costs Per Loan

PHEONIX, Ariz. /eNewsChannels/ -- LendingQB, a provider of seamless mortgage lending technology, announced an innovative new service that helps lenders understand and measure the impact of technology on their business, which will be introduced at the MBA Technology Conference and Exposition. Known as the Enterprise Process Assessment (EPA), it provides lenders with an extensive breakdown of their operations, workflows and technologies to determine a strategy to reduce cost per loan and optimize enterprise-wide performance.

Progressive Finance, a merchandise lease to own financer, adds integrated click-sign functionality with their online contracts

SALT LAKE CITY, Utah /eNewsChannels/ -- Progressive Finance, a merchandise lease to own financer, has recently integrated click-sign functionality with their online contracts. This new system will allow for stores to forgo the process of printing contracts for the customers to physically sign, and instead allow the customers to digitally sign their contracts from a computer, tablet, or smart phone.

GCA Equity Partners, LLC announces GCA California Real Estate Fund Investment Offering

CAMPBELL, Calif. /eNewsChannels/ -- GCA Equity Partners, LLC today announced that it has opened the GCA California Real Estate Fund, LLC - a new investment offering available to qualified California residents. The fund's 8 percent preferred annual return rate and real-estate secured investment portfolio can help meet the retirement planning needs of those residents born between 1946 and 1964, collectively known as the 'baby boom' generation.

iServe Residential Lending, LLC cuts technology costs in half and reduces cost per loan by 30 percent with LendingQB SaaS

COSTA MESA, Calif. /eNewsChannels/ -- LendingQB, a seamless mortgage lending platform provider, announced that iServe Residential Lending, LLC, a retail mortgage banker, has reported a dramatic increase in employee productivity, slashed technology costs, and reduced costs per loan since implementing LendingQB. iServe selected LendingQB approximately a year ago because it eliminated having to use multiple platforms, databases and integrations.

Quandis, Inc. announces new Mortgage Technology SaaS

FOOTHILL RANCH, Calif. /eNewsChannels/ -- Quandis, Inc., a leading provider of default management mortgage technology solutions, announced it launched a solution that connects mortgage service companies with a nationwide network of real estate vendors. The module provides a centralized Web portal that creates a medium for vendors to list the services and expertise they provide, and for mortgage companies to locate vendors based on their business needs.

Dwight E. Williams has joined the CONIX Systems, Inc. team

MANCHESTER, Vt. /eNewsChannels/ -- CONIX Systems, Inc. (CONIX), a leading international provider of payment processing solutions to the financial services industry, is proud to announce that Dwight E. Williams has joined its team. Dwight brings 17 years of business banking and branch management experience to the CONIX sales team.

Jon Tinsley joins 360 Mortgage Group to Serve Growing Northern California Market

AUSTIN, Texas /eNewsChannels/ -- 360 Mortgage Group, a privately owned wholesale mortgage bank, welcomes Jon Tinsley, the latest addition to 360's growing unit of California-based account executives. In his 27 years of mortgage sales, management and operations experience, Tinsley has demonstrated an acute ability to listen, analyze, and respond with solid solutions to brokers', loan officers' and borrowers' needs.

Michigan-based Account Executive Jeffrey Eason joins 360 Mortgage Group

AUSTIN, Texas /eNewsChannels/ -- 360 Mortgage Group, a privately owned wholesale mortgage bank, is pleased to expand its presence in Michigan and the Midwest region with the addition of Jeffrey Eason as an account executive. Eason has worked for more than 10 years in the mortgage industry and has demonstrated exceptional experience as a sales and account manager with the ability to create excellent sales growth and produce customer satisfaction within program and project development operations.

Wholesale mortgage lender, United Wholesale Mortgage, announces addition of United States Department of Agriculture loans

BIRMINGHAM, Mich. /eNewsChannels/ -- United Wholesale Mortgage (UWM), a national wholesale mortgage lender operating in 47 states, announced the addition of USDA (United States Department of Agriculture) loans to enhance its existing government platform of FHA and VA loan programs. UWM is currently recognized throughout the broker community as a top government lender and one of the largest-producing wholesale lenders in the country.

San Diego-based residential lending compliance services firm The Compliance Group Inc grows business 120-percent in 2011

SAN MARCOS, Calif. /eNewsChannels/ -- Leading mortgage compliance services provider, The Compliance Group, Inc. (TCG), in 2011 saw its business grow by 120 percent over 2010, marking its highest year-over-year growth since its founding by industry veteran Annemaria Allen in 2000. The metro San Diego-based residential lending compliance services firm's 2011 highest growth business units included Quality Control (87 percent) and Compliance and Licensing (55 percent).

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.

United Wholesale Mortgage announced that it has successfully implemented Fannie Mae's HARP 2.0 program requirements with Unlimited LTV/CLTV

BIRMINGHAM, Mich. /eNewsChannels/ -- United Wholesale Mortgage (UWM), a national wholesale mortgage lender operating in 47 states, announced that it has successfully implemented Fannie Mae's HARP 2.0 program requirements with Unlimited LTV/CLTV. UWM was one of the first lenders to implement the government's adjustments to HARP 2.0 when it went into effect December 1, 2011, and now they have effectively implemented the expansion of HARP 2.0 into their EASE (Easiest Application System Ever) broker portal.

Wholesale mortgage bank, 360 Mortgage Group, now licensed to provide mortgages to residents in the Mid-Atlantic region of U.S.

AUSTIN, Texas /eNewsChannels/ -- With the goal of expanding its wholesale services to all fifty states, 360 Mortgage Group, a privately owned wholesale mortgage bank, is announcing that they are now licensed to provide mortgages to residents in the Mid-Atlantic region of Maryland, Virginia and Washington, D.C.

LDV Capital Management commenced its 2012 Spring Break for Wall Street Dinner and Luncheon Series in February

FORT LAUDERDALE, Fla. /eNewsChannels/ -- LDV Capital Management commenced its 2012 Spring Break for Wall Street Dinner and Luncheon Series last month by hosting corporate presentations for General Electric Company (NYSE:GE), Hecla Mining Company, and Atlas Pipeline Partners, L.P.

CONIX Systems, Inc. Marks 20th Anniversary Serving Financial Institutions and Processors

MANCHESTER, Vt. /eNewsChannels/ -- CONIX Systems, Inc., a leading international provider of payment processing solutions to the financial services industry, is proud to announce that it has served financial institutions and processors since 1992. For two decades, CONIX has pioneered payment processing products that reduce system maintenance costs and improve operating reliability.

360 Mortgage Group a sponsor of 2012 Florida Association of Mortgage Professionals Annual Trade Show

AUSTIN, Texas /eNewsChannels/ -- 360 Mortgage Group, a privately owned wholesale mortgage bank, is sponsoring the upcoming Florida Association of Mortgage Professionals (FAMP) annual trade show on Tuesday, March 6 in Tampa, Florida.

Titan Lenders Corp. Engages Jan Conner to Head Loan Processing and Underwriting Operations

DENVER, Colo. /eNewsChannels/ -- In response to industry demand, exacting regulatory requirements and mortgage lenders' need to ensure loan origination compliance, mortgage fulfillment outsource services expert Titan Lenders Corp. (Titan) is now providing mortgage processing and underwriting services. Titan has hired underwriting expert and mortgage industry veteran Jan Conner to manage its new service offering.

CONIX Systems is introducing its enhanced Fraud Detective(R) enterprise solution to financial institutions at the 2012 BAI Payments Connect conference

MANCHESTER, Vt. /eNewsChannels/ -- In response to increasing payment fraud risk, CONIX Systems, Inc. (CONIX) is introducing its enhanced Fraud Detective(R) enterprise solution to financial institutions and their payment processors at the 2012 BAI Payments Connect conference, March 12 - 14 (Booth #508). Effective both against current and emerging payment fraud schemes, Fraud Detective either replaces or supplements financial institutions' legacy fraud tools.