Banking and Finance

eNewsChannels NEWS: (ATLANTA, Ga.) -- FormFree Holdings Corp. (FormFree), a provider of automated verification software, today announced it is the first 'designated vendor' for asset verification through the Fannie Mae Desktop Underwriter(R) (DU(R)) Validation Service, a component of Fannie's Day 1 Certainty(TM) initiative.

eNewsChannels NEWS: (SAN DIEGO, Calif.) -- The Mortgage Collaborative, the nation's only independent mortgage lending cooperative, recently added twelve new lenders for Q4/16 to their national network of originating members, proclaimed The Collaborative's EVP of National Sales & Strategic Alliances, Rich Swerbinsky.

eNewsChannels NEWS: (PROVO, Utah) -- Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, today announced it will begin electronically recording property records in seven South Dakota counties for the first time. Simplifile's announcement follows a recent decision by the South Dakota State Legislature authorizing local register of deeds offices to accept electronically submitted documents.

eNewsChannels NEWS: (LANSDALE, Pa.) -- Global DMS, a leading provider of web-based compliant valuation management software, announced that it has integrated its eTrac platform with LoanSafe(R) Appraisal Manager(TM) from CoreLogic to provide lenders, investors and AMCs with detailed analysis that ensures appraisal quality and accurately assesses the potential risk for a repurchase.

eNewsChannels NEWS: (CLEVELAND, Ohio) -- Schmidt Mortgage Company (Schmidt) Executive Vice President Jeffrey Steed announced today the addition of John Kulka as manager of new business development. A 25-year mortgage industry veteran, Kulka brings considerable experience in cross-selling mortgage products across related industries, affinity marketing and retail mortgage lending.

eNewsChannels NEWS: (SAN DIEGO, Calif.) -- Mortgage Capital Trading, Inc. (MCT), an industry leading hedge advisor and developer of MCTlive!(TM), the award-winning secondary marketing software suite, announced that its chief administrative officer, Chris Anderson, has been named to HousingWire's inaugural Insider Awards list. The new list is designed to honor unsung heroes who are the cornerstone of every great company, whether in lending, servicing, investing or real estate.

eNewsChannels NEWS: (TORRANCE, Calif.) -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions, announced that its chief legal officer, Melanie Feliciano, Esq., has earned a spot on the MReport's 2016 "Leading Ladies" in Mortgage and Housing list for the second year.

eNewsChannels NEWS: (PASADENA, Calif.) -- Lender Price, the emerging leader in real-time, competitive mortgage analytics and product pricing and eligibility (PPE) solutions complete with full mobile functionality and advanced business intelligence, today announced that its investor Glenn Stearns will appear at its 2016 MBA Annual Convention exhibit in Boston on October 23-26, 2016.

eNewsChannels NEWS: (PASADENA, Calif.) -- Lender Price, the emerging leader in real-time, competitive mortgage analytics and product pricing & eligibility (PPE) solutions complete with full mobile functionality and advanced business intelligence, today announced that its original investor, Best Picture Oscar winning director and Emmy Award winning actor Kevin Costner, will appear at its 2016 MBA Annual Convention exhibit in Boston on October 23-26.

eNewsChannels NEWS: (SAN DIEGO, Calif.) -- Bank of Southern California, N.A. (OTC Pink:BCAL / OTCMKTS:BCAL) announced today that it has selected nCino's Bank Operating System to automate the Bank's lending and treasury management processes, enabling the bank to ultimately better serve its customers.

eNewsChannels NEWS: (LANSDALE, Pa.) -- Global DMS, a leading provider of web-based compliant valuation management software, announced that HousingWire honored its vice president of marketing, Jody Collup, with the magazine's inaugural Insiders Award. HousingWire created the new award to recognize unsung heroes who are the cornerstone of every great company, whether in lending, servicing, investing or real estate.

eNewsChannels NEWS: (PASADENA, Calif.) -- Lender Price, the emerging leader in real-time, competitive mortgage analytics and product pricing & eligibility (PPE) solutions complete with full mobile functionality and advanced business intelligence, today announced its upcoming launch at the 2016 MBA Annual Convention in Boston, October 23 - 26.

eNewsChannels NEWS: (SALT LAKE CITY, Utah) -- MetaSource, the leading provider of mortgage quality control (QC) compliance advisory and workflow automation solutions, announced it has launched QReview, a web-based platform for pre-funding quality control (QC) audits. QReview is designed to streamline and automate pre-funding QC review for lenders who execute this function in-house with existing staff.

eNewsChannels NEWS: (WEST PALM BEACH, Fla.) -- OpenClose, an enterprise-class, multi-channel loan origination system (LOS) provider, announced that it has added a rate sheet generator to its product and pricing engine (PPE), DecisionAssist(TM). The new functionality quickly and efficiently automates rate sheet creation for timely distribution to branches and originators.

eNewsChannels NEWS: (TORRANCE, Calif.) -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions, announced that Corporate Settlement Solutions (CSS), a title and settlement services company, has successfully implemented DocMagic's Total eClose(TM) solution. As a result, CSS can offer a completely new customer experience, gain a competitive advantage, and remain 100 percent TRID compliant at all times.

eNewsChannels NEWS: (DENVER, Colo.) -- On August 29, 2016. Redstone Bank made a generous donation of $50,000 to the Whiz Kids Program. The Whiz Kids program is an individualized tutoring program that has over 800 volunteers who tutor less fortunate students from schools throughout the Denver Metropolitan Area.

eNewsChannels NEWS: (SAN DIEGO, Calif.) -- Bank of Southern California N.A. (OTC Pink: BCAL / OTCMKTS:BCAL) announced today that it has signed a stock purchase agreement for a private placement of $7 million of the Bank's common stock with Castle Creek Capital, based in Rancho Santa Fe, California. The transaction is anticipated to close in the fourth quarter, subject to regulatory approvals and other standard closing conditions.

eNewsChannels NEWS: (POMPANO BEACH, Fla.) -- Leading web-based financial services quality control (QC) software provider ACES Risk Management (ARMCO) announced the release of ACESXPRESS(TM), an implementation and service package for the ACES Audit Technology platform designed specifically for small to mid-sized lenders.

eNewsChannels NEWS (SAN DIEGO, Calif.) -- Mortgage Capital Trading, Inc. (MCT), an industry leading hedge advisor and developer of MCTlive!(TM), the award-winning secondary marketing software suite, has entered into a strategic collaboration with Fannie Mae(R) to facilitate new technology deployment, collaborative planning, and better service to mutual clients.

NEWS (SAN DIEGO, Calif.) -- Mortgage Capital Trading, Inc. (MCT), a leader in mortgage risk management providing pipeline hedging, best-execution loan sales and centralized lock desk services, announced that it has earned a spot on the 2016 Inc. 5000 list -- the sixth straight year. MCT had a three-year growth rate of 62 percent and annual revenue of $11.4 million for 2015.

NEWS (DENVER, Colo.) -- Altavera Mortgage Services (Altavera), the premier provider of third-party residential mortgage origination and closed loan review services, announced today that it has been named a preferred provider for Capital Markets Cooperative, LLC (CMC), a nationwide alliance of mortgage bankers.

NEWS (SAN DIEGO, Calif.) -- Bank of Southern California, N.A. (OTC Pink: BCAL) recently announced that it has completed the purchase of the deposits of the La Quinta branch of Opus Bank. The transaction closed on Friday, August 19, 2016. Customers of the Opus Bank La Quinta branch were consolidated into the existing La Quinta branch of Bank of Southern California. As of Monday, August 22, 2016, the former Opus Bank La Quinta customers now have access to all Bank of Southern California locations, including three Coachella Valley branches located in La Quinta, El Paseo-Palm Desert, and Rancho Mirage.

NEWS (ADDISON, Texas) -- Mid America Mortgage, Inc. (Mid America) Owner and Chief Executive Officer Jeff Bode today announced it will purchase eNotes for loans closed electronically from approved sellers through its correspondent lending channel.

NEWS (LANSDALE, Pa.) -- Global DMS, a leading provider of web-based compliant valuation management software, announced that its vice president of marketing, Jody Collup, has again been designated to the MReport's 2016 "Leading Ladies" in Mortgage and Housing list.

NEWS (SALT LAKE CITY, Utah) -- Mortgage document preparation vendor International Document Services (IDS), a division of The Reynolds and Reynolds Company, today announced its acquisition of Encomia, an established provider of electronic mortgage (eMortgage) solutions to depository and non-depository lending institutions