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

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.

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.

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