Banking and Finance

SALT LAKE CITY, Utah /eNewsChannels/ -- International Document Services (IDS), a mortgage document preparation vendor, has compiled the results of its 2011 annual client survey to determine lender experiences and expectations regarding initial disclosure documents, an element of mortgage origination targeted by new regulations in recent and coming years.

MANCHESTER, Vt. /eNewsChannels/ -- With FFIEC compliance in force, operating efficiency paramount, and fraud evolving rapidly, CONIX Systems, Inc. (CONIX) has enabled financial institutions and payment processors to aggregate payment anomalies in a shared SaaS database. Creating a shared national duplicate and fraud detection database is imperative in meeting the challenges of today's increasing payment alternatives.

PARAMUS, N.J. /eNewsChannels/ -- RBC Wealth Management, one of the nation's largest full-service securities firms, recently welcomed the highly sought after FG Group, consisting of Financial Advisors George Feneis and Paul C. Granito, to the New York metro area, according to Scott Fergang, Paramus Branch Director. The FG Group joins RBC Wealth Management from Morgan Stanley Smith Barney, and has more than $350 million in assets under management and close to $3 million in production.

AUSTIN, Texas /eNewsChannels/ -- 360 Mortgage Group, a privately owned wholesale mortgage bank, has announced the release of Broker Docs, a closing document clearing functionality now available online to all 360 Mortgage Group brokers. This new feature to 360 Mortgage Group's suite of proprietary online origination tools is expected to shorten closing time by at least 50 percent.

FOOTHILL RANCH, Calif. /eNewsChannels/ -- Quandis, Inc., a leading provider of default management mortgage technology solutions, announced that its CEO, Scott Stoddard, will participate on a roundtable hosted by SourceMedia at the MBA's National Servicing Convention and Exposition. Participants in the roundtable will address various topics, trends and concerns in today's mortgage servicing landscape.

DENVER, Colo. /eNewsChannels/ -- Mortgage fulfillment outsource services expert, Titan Lenders Corp. (Titan), and leading mortgage compliance services provider, The Compliance Group, Inc. (TCG), have entered a referral partnership to serve mortgage lenders' compliance, quality control and multi-state licensing needs. Titan and TCG enable lenders to focus on sustaining profitable businesses that respond with agility to regulatory fluctuations.

FORT COLLINS, Colo., /eNewsChannels/ -- 2012 has started off on the correct foot for the Loveland Branch of Financial Foundation Group, also known as FFG. The company spends the typical work week helping people review their retirement accounts, college savings, investment safety, and life insurance needs. This past week the staff not only focused on the usual, but also spread its wings into the community once again for another volunteer project.

ALTAMONTE SPRINGS, Fla. /eNewsChannels/ -- CCMC Inc, the financial industry's premier automated interface supplier, announced an agreement with MortgageFlex Systems, an innovative provider of mortgage lending software, to offer its BridgeWare line of interface products to complement the MortgageFlex loan origination system, LoanQuest.

FOOTHILL RANCH, Calif. /eNewsChannels/ -- Quandis, Inc., a leading provider of default management mortgage technology solutions, announced that it had a banner year in 2011, spawning significant growth. Quandis took a number of different measures to effectively manage its rapid expansion.

SAN DIEGO, Calif. /eNewsChannels/ -- MCT Trading, Inc. (MCT), a leading hedging and risk management firm, announced that its COO, Philip Rasori, will speak on a panel session on the subject of risk management advisory in the secondary market at the Texas MBA's Southern Secondary Market Conference. The panel is being held at the Marriott Woodlands Waterway Hotel and Convention Center in Woodlands, Texas on Wednesday, January 18 from 3:30 p.m. to 5:30 p.m.

BIRMINGHAM, Mich. /eNewsChannels/ -- United Wholesale Mortgage (UWM), a national wholesale mortgage lender operating in 47 states, announced that in 2011 it significantly expanded its business in all functional areas, hired top executives, increased its workforce, implemented new technology and launched several new products. UWM plans to continue with its aggressive growth strategy as they remain focused on originating high quality loans in excess of $3.5 billion in 2012 and upwards of $8 billion by 2014.

CHARDON, Ohio /eNewsChannels/ -- e2b software announced today that Anytime Collect, a cloud-based credit and collections management solution, is available for banks and financial institutions to private label and offer to their business customers to help them automate accounts receivable collections.

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.

DENVER, Colo. /eNewsChannels/ -- Mortgage fulfillment outsource services expert Titan Lenders Corp. (Titan), has entered into a strategic relationship with one of the nation's top-five residential mortgage originators and the largest non-financial mortgage servicer in the country PHH Mortgage Corporation, a subsidiary of PHH Corporation (NYSE: PHH).

SALT LAKE CITY, Utah /eNewsChannels/ -- IDS Inc., a mortgage document preparation vendor, has installed a SaaS-based social customer service platform from Assistly, a recent acquisition by Salesforce, into its back-office operations to improve responsiveness to customer inquiries.

FORT COLLINS, Colo. /eNewsChannels/ -- The past three years have been tremendous years of growth for the Fort Collins/Loveland branch of Financial Foundation Group, also known as FFG. This branch has helped hundreds of clients and developed many upper management staff members and the office was bursting at the seams. The FFG team had no choice but to expand into a location with more square footage.

SAN DIEGO, Calif. /eNewsChannels/ -- MCT Trading, Inc. (MCT), a recognized leader in mortgage pipeline hedging and risk management services, has announced the hiring of Ben Itkin as Senior Trade Desk Executive. In this role, Mr. Itkin will be responsible for co-managing MCT's Trading Desk operations along with Head Trader and COO, Philip Rasori, as MCT continues to expand its team of mortgage traders due to growth in new client engagements.

BIRMINGHAM, Mich. /eNewsChannels/ -- United Wholesale Mortgage (UWM), a national wholesale mortgage lender operating in 47 states, announced today that it has successfully implemented the government's enhancements to the Home Affordable Refinance Program (HARP 2.0) that went into effect December 1, 2011.

CORAL SPRINGS, Fla. /eNewsChannels/ -- With the expectation of small business loan financing to remain bleak into the upcoming holiday season, merchants and small business owners will be seeking out alternative means of working capital for the Christmas rush, expected to result in an increased demand for merchant cash advances from financing sources like BusinessCashAdvance.

VERO BEACH, Fla. /eNewsChannels/ -- Second Street Capital, Inc. (SSCI), a publicly traded company, that suffered through the housing and credit crises beginning in 2007, has recently begun the process of recapitalizing and will soon begin operating as a specialty finance company, providing working capital to small and medium size local businesses and entrepreneurs. SSCI is headquartered in Ft. Lauderdale; however, Jack Rodgers, Maria Caldarone, and Laura Camisa all members of the management team will operate from a Vero Beach office.

BIRMINGHAM, Mich. /eNewsChannels/ -- United Wholesale Mortgage (UWM), a national wholesale mortgage lender operating in 47 states, announced today that it has a unique jumbo product with loan amounts up to $2.5 million and LTV's up to 80 percent. This product is exclusive and has extremely competitive low fixed rates in the mid 4s along with multiple ARM options if the borrowers choose.

MILTON, Del. /eNewsChannels/ -- Financial author Robert Stowe England turned a spotlight on the role of key institutions, policies, agencies and people in Washington and on Wall Street that pushed the financial system toward the mortgage meltdown and 2008 crisis in remarks at a book signing event Nov. 5 at the Federal Street Gallery in the historic town of Milton, Delaware.

BIRMINGHAM, Mich. /eNewsChannels/ -- United Wholesale Mortgage (UWM), a national wholesale mortgage lender operating in 47 states, announced that it has implemented a proprietary decisioning solution within its broker portal that was custom developed in-house. The new functionality returns accurate pricing and product eligibility on up to ten programs at once with the click of a mouse.

CARSON, Calif. /eNewsChannels/ -- DocMagic, Inc., the mortgage industry's leading provider of loan document and automated compliance solutions, announced that its chief legal officer (CLO), Melanie Feliciano, will speak on a panel session that will discuss various compliance challenges and technology solutions. The panel is being held at the 13th Annual Mortgage Technology Conference by SourceMedia and Mortgage Technology magazine at the Doral Golf Resort in Miami, Florida.

SALT LAKE CITY, Utah /eNewsChannels/ -- International Document Services (IDS), a mortgage document preparation vendor, announced that a new disclosure relating to flood insurance is now available through the idsDoc doc prep platform.