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

Bondtrac, Inc. Announces Live Bond Market Products with Full Price Transparency

OKLAHOMA CITY, Okla. -- Bondtrac, Inc. announced today the launch of LiveNetwork, a series of fully disclosed, true counterparty pre-trade information systems for the fixed income industry. Building on the success of Bondtrac's direct access bond offering information and analytics products, LiveNetwork delivers innovative functionality for real time intra-firm fixed income information and order management.

Secrets of a Renegade Mortgage Broker and 'Lending Champion' Revealed

Scott TuckerCHICAGO, Ill. -- Outspoken and unconventional Chicago mortgage broker, Scott Tucker, has been named one of Metro Chicago Real Estate Magazine's Top 40 2006 Lending Champions... and named by his own competitors, n the magazine's Lending Champions special feature.

Seasoned Trade Lines Goes Head-to-Head with Credit Industry Watchdogs

Seasoned Trade LinesLARGO, Fla. -- Companies that promise to raise credit scores in short periods of time are deemed fraudulent by many lenders, but according to Seasoned Trade Lines, Inc., a Florida-based, credit-repair company, the practices are highly effective and completely legitimate. Seasoned Trade Lines boosts clients' credit by adding them to established credit card holders' accounts; they promise to raise credit scores by as much as 100 points or more in as little as 30 days.

Phoenicia Group Introduces Libya Fund; Launches Breakthrough Libya-Focused Private Equity Fund

Phoenicia GroupTRIPOLI, Libya -- Phoenicia Group Libya (, the leading U.S.-Libyan diversified business and consultancy group, announced today Libu Capital S.A, its dedicated Libya-centered private equity firm offshoot, has secured $95,000,000 in commitments surpassing initial expectations and reaching its first close target for its $300,000,000 Tripoli-based Libya Fund.

Premier General Finance Makes a Splash with New Product Offering that Makes Loan Sharking Legal

Premier General FinanceCLEARWATER, Fla. -- What lurks beneath the dark and mysterious financial waters? It's Premier General Finance which has one goal in mind: to obtain working capital for small- to medium-sized businesses in as little as 72 hours for as much as $500,000.

Convexity Leverages CorrectNet's Expertise – infiPOINT Platform Delivered for Investor Reporting

CorrectNetNEW YORK, N.Y. -- CorrectNet, Inc. today announced that Convexity Capital Management LP has completed the launch of a new investor reporting application powered by the industry leading infiPOINT platform. The application enables Convexity to deliver account statements, reports and fund level documents to investors in Convexity-managed funds.

LaCrosse Global Fund Services to Utilize CorrectNet infiPOINT Platform for Enhanced Manager Reporting

CorrectNetNEW YORK, N.Y. -- CorrectNet today announced that LaCrosse Global Fund Services has selected the infiPOINT(TM) platform as its hedge fund manager reporting application. The system enables LaCrosse to provide hedge fund clients with online access to hundreds of back-, middle- and front-office reports on operations management.

ComplianceEase Announces Release of TPO Manager

SAN FRANCISCO, Calif. -- ComplianceEase(R), the mortgage industry's standard for automated compliance, has announced the upcoming release of TPO Manager, an innovative and cost-saving third-party originator (TPO) management solution that enables more efficient broker and correspondent lender relationships. TPO Manager automates the approval, licensing verification and relationship management of third party originators, making the previously cumbersome manual process of broker and correspondent lender approval and management faster, more accurate and highly cost-effective.

Fetter Logic and Advisors Clearing Network Announce Agreement

DENVER, Colo. -- Fetter Logic, Inc., the premier full service provider of advanced data and information management solutions to the financial services industry announced today that it has entered into an agreement to assume all aspects of sales and operations for Advisors Clearing Network, Inc. (ACN).

iMAX Business Solutions Continues Expansion with Southwest Sales Office

SCOTTSDALE, Az. -- iMAX Business Solutions, the leading Internet provider of credit card machines and credit card terminals, is pleased to announce the opening of their Southwest sales office. The office is currently under construction in Scottsdale, Arizona. and should open winter 2006.