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

MBA Risk Management, QA and Fraud Prevention Forum to host ARMCO Execs on Mortgage Pre/Post-Funding QA

POMPANO BEACH, Fla. /eNewsChannels/ -- NEWS: Leading web-based financial services quality control software provider ACES Risk Management (ARMCO) announced two of its top executives will participate in panels at the Mortgage Bankers Association's (MBA) Risk Management, QA and Fraud Prevention Forum 2015, Sept. 9-11 in Dallas.

Gavin Ales joins DocMagic Inc. as Chief Compliance Officer (CCO)

TORRANCE, Calif. /eNewsChannels/ -- NEWS: DocMagic, Inc., the premier provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions, has named Gavin T. Ales as chief compliance officer (CCO).

DocMagic’s SmartCLOSE Easy-to-Use TRID eSign and eDelivery Solutions Hit Home Run

TORRANCE, Calif. /eNewsChannels/ -- NEWS: DocMagic, Inc., the premier provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions, announced that after extensive testing by lenders, settlement providers and other relevant parties, SmartCLOSE(TM) has been honed to perfection and been moved to a secure cloud-based production environment for its official release date of Aug. 15, 2015.

Mortgage Lenders Should Tailor QC Reviews for Niche Mortgage Products, says ACES Risk Management

POMPANO BEACH, Fla. /eNewsChannels/ -- NEWS: Phil McCall, COO of leading web-based financial services quality control software provider ACES Risk Management (ARMCO) in Florida, advises mortgage lenders to develop unique quality control audits for each of the niche mortgage lending products they may offer, including jumbo, USDA, VA and HECM/reverse.

MCT Trading Welcomes Mortgage Industry Veteran Ben Coll to California Capital Markets Team

SAN DIEGO, Calif. /eNewsChannels/ -- NEWS: MCT Trading, Inc., a recognized industry leader in mortgage risk management providing pipeline hedging, best-execution loan sales and centralized lock desk services, has announced Ben Coll joined the company's capital markets team. He becomes employee number 65 as MCT continues to expand its client base and staff of secondary marketing professionals.

Chris Hartman has been promoted to sales manager of wholesale and correspondent operations at Mid America Mortgage

ADDISON, Texas /eNewsChannels/ -- NEWS: Mid America Mortgage, Inc. owner and CEO Jeff Bode announced Chris Hartman has been promoted to sales manager of wholesale and correspondent operations. Hartman brings nearly two decades of mortgage sales experience to this new role, where he'll be responsible for overseeing sales efforts across Mid America's wholesale and correspondent lending division.

FlashCash is Contactless Smart Card Technology for Commercial Laundry Room Operators and Customers

CHESTER, Conn. /eNewsChannels/ -- NEWS: Greenwald Industries is the designer and developer of FlashCash(R), a laundry payment technology that is currently the leading contactless laundry payment technology in Europe. Installed in thousands of machines, FlashCash use is growing by leaps and bounds.

Global DMS’ Jody Collup among 40 female mortgage executives honored for industry achievements

LANSDALE, Pa. /eNewsChannels/ -- NEWS: Global DMS, a leading provider of web-based compliant valuation management software, announced that Jody Collup, its vice president of marketing, has been designated to the MReport's 2015 Leading Ladies in Mortgage and Housing list.

Veros SAPPHIRE is First Valuation Management Platform to Offer Connection to FHA EAD Portal

SANTA ANA, Calif. /eNewsChannels/ -- NEWS: Veros Real Estate Solutions, an award-winning industry leader in enterprise risk management, collateral valuation services and predictive analytics, announced today that its web-based, residential collateral valuation management platform, Sapphire(SM), is ready to provide lenders with a direct connection to FHA's Electronic Appraisal Delivery (EAD) portal.

United Wholesale Mortgage announces New Loan Option Giving Originators Attractive Opportunity to Obtain More Business

TROY, Mich. /eNewsChannels/ -- NEWS: United Wholesale Mortgage (UWM), one of the nation's largest and fastest-growing wholesale lenders, has announced an interest-only financing program available to qualified borrowers who utilize UWM's extensive broker network for their mortgage needs.

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