Weitz & Luxenberg, P.C. investigating claims from customers of Pioneer Bank data breach
NEW YORK, N.Y. /eNewsChannels/ -- NEWS: New York-based Weitz and Luxenberg, P.C. has announced it is investigating claims from customers of Pioneer Bank who suffered - or fear they soon will suffer - economic harm from a data breach made possible by the Jan. 26 theft of one of the Troy, New York-based financial institution's laptop computers.
International Document Services, Inc. Achieves Record Annual Mortgage Initial Disclosure Fulfillment in 2014
SALT LAKE CITY, Utah /eNewsChannels/ -- NEWS: Mortgage document preparation vendor International Document Services, Inc. (IDS), announced 2014 as a record year, generating the most initial disclosure docs in a single year in the company's history. In addition, IDS set a company record in January 2015 for the most amount of initial disclosures generated in a single month. Total initial disclosure volume for the company in 2014 increased 13.6 percent over 2013.
New ARM Product added to Exclusive Elite Program by United Wholesale Mortgage
TROY, Mich. /eNewsChannels/ -- NEWS: United Wholesale Mortgage, one of the nation's largest and fastest growing wholesale lenders, announced today the release of Elite ARM, a new loan product that has been added to its Elite and Elite High Balance program.
2015 is the Beginning of Broker Resurgence – Brokers Gaining Market Share Again
TROY, Mich. /eNewsChannels/ -- NEWS: Michigan-based United Wholesale Mortgage, one of the nation's largest and fastest growing wholesale lenders, announced that its president and CEO, Mat Ishbia, will be speaking on a webinar regarding brokers gaining market share in 2015. The webinar will be held March 18, 2015 from 11 a.m. - 12 p.m. PDT (2 - 3 p.m. EDT).
Emilio N. Francisco of PDC Capital announces firm to raise $45M for biodegradable cleaning products co. using EB-5 funds
COSTA MESA, Calif. /eNewsChannels/ -- NEWS: Emilio N. Francisco, Chairman and Chief Executive Officer of private equity firm PDC Capital Group, today announced that PDC is raising $45 million in EB-5 immigrant investor funds to assist biodegradable organic chemical products firm Clear Currents, Inc.
Quandis Inc. announces Quandis Loan Servicing SaaS to automate the lifecycle of loans in default
FOOTHILL RANCH, Calif. /eNewsChannels/ -- NEWS: Quandis, Inc., a leading provider of default servicing software, announced that it launched Quandis Loan Servicing (QLS), an end-to-end default management platform that automates and compliantly manages the default process from start to finish. QLS is offered as an all-in-one system and also as modules so various components can be leveraged by servicers based on individual needs.
MBA Technology Conference’s First-Ever Tech Showcase to include QC Benchmarking Tool ACES Analytics
POMPANO BEACH, Fla. /eNewsChannels/ -- NEWS: ACES Risk Management (ARMCO), a leading provider of web-based quality control software for the financial services industry, announced it has been selected to present during the inaugural 'Technology Showcase. at the Mortgage Bankers Association's (MBA's) National Technology in Mortgage Banking Conference and Expo 2015 in Orlando.
Strategic capital and analytics solution provider MorVest Capital says recent changes on FHA loans will impact mortgage servicing
DALLAS, Texas /eNewsChannels/ -- NEWS: MorVest Capital, a specialized investment firm focused on providing strategic capital and analytics solutions to the mortgage banking and residential finance industry, is drawing mortgage servicers' attention to the impact two recent changes will have on mortgage servicing rights fair value for FHA loans.
DocMagic Inc. has completed its integration with the MERS eRegistry
TORRANCE, Calif. /eNewsChannels/ -- NEWS: DocMagic, Inc., a leading provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions for the mortgage industry, today announced that the firm has now completed its integration with the MERS(R) eRegistry, making it one of only a few industry vendors to integrate with the widely used system.
Mark Mackey named CEO of mortgage document preparation vendor International Document Services, Inc.
SALT LAKE CITY, Utah /eNewsChannels/ -- NEWS: Mortgage document preparation vendor International Document Services, Inc. (IDS) today announced it has promoted former Executive Vice President Mark Mackey to chief executive officer. Mackey began his career with IDS as a member of the sales team in Spring 1999. He is the first CEO in the company's history.
Bank of Southern California N.A. (OTC:FBBN) completed private placement of approximately $7.2 million of its common stock
SAN DIEGO, Calif. /eNewsChannels/ -- NEWS: Bank of Southern California, N.A. (OTCMKTS:FBBN) (the 'Bank') announced today that it completed a private placement of approximately $7.2 million of its common stock, positioning the Company to grow its Southern California Franchise.
ARMCO ACES Risk Management Tableau Integration provides ACES customers with interactive, sharable reports
POMPANO BEACH, Fla. /eNewsChannels/ -- NEWS: ARMCO - ACES Risk Management, a leading provider of web-based quality control software for the financial services industry, announced it has enhanced the reporting capabilities of ACES Web Audit Technology through an innovative integration with Tableau Software, a global leader in rapid-fire, easy-to-use business analytics software.
Mortgage Machine Services Offers Source Code to its Loan Origination System to Mortgage Industry
ADDISON, Texas /eNewsChannels/ -- NEWS: Mortgage Machine Services (MMS), a leading provider of enterprise lending solutions, today announced it will begin offering the source code to Mortgage Machine(TM), its flagship loan origination system (LOS), to the entire mortgage industry. Previously hosted as a SaaS solution for a select group of mortgage banks, Mortgage Machine is a highly customizable origination platform that supports Retail, Wholesale and Correspondent lending.
Phil Rasori of MCT Trading, Inc. named to Annual Top 40 Under 40 List by National Mortgage Professional Mag
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, announced that its COO, Phil Rasori, was named one of the Top 40 Most Influential Mortgage Professionals Under 40 by National Mortgage Professional magazine.
Mortgage Tech Leader, United Wholesale Mortgage, Unveils Feature Rich Loan Origination System for Mortgage Partners
TROY, Mich. /eNewsChannels/ -- NEWS: United Wholesale Mortgage (UWM), one of the nation's largest and fastest growing wholesale lenders, today announced that it officially launched a completely new loan origination system (LOS) that is loaded with features and tools for brokers and correspondents. The proprietary technology replaces UWM's previous LOS and offers many benefits for its broker and correspondent partners.
Content Marketing Company Truebridge Announces Cybersecurity Content Update
BOSTON, Mass. /eNewsChannels/ -- NEWS: Truebridge, Inc., a content marketing company serving the financial industry, is excited to announce the newest update to its Content Marketing System. Threats to cyber security have become increasingly prevalent over the last few years.
AMA Acquisitions President Zack Ali wants to help sell your operating company with annual revenue of 1M to 10M
NEW YORK, N.Y. /eNewsChannels/ -- NEWS: AMA Acquisitions is a private equity firm in New York State that has a credit facility in place to make acquisitions of companies in manufacturing, distributing and other major industries through debt and equity financing. AMA Acquisitions President Zack Ali says you can sell your company in 90 days.
NCIT TransactAPI 2.0 is First Transaction Platform for Funding Portals, Broker-Dealers and Private Issuers
SALT LAKE CITY, Utah /eNewsChannels/ -- NEWS: North Capital Investment Technology has released TransactAPI 2.0 (TAPI 2.0), the first comprehensive transaction platform for funding portals, broker-dealers and private issuers. TransactAPI 2.0 is a software as a service solution designed to facilitate the offering, transaction and settlement of private offerings.
Pacific Union Financial Signs with OpenClose to Wholesale Lending
WEST PALM BEACH, Fla. /eNewsChannels/ -- NEWS: OpenClose, an enterprise-class end-to-end loan origination system (LOS) provider, announced that Pacific Union Financial, LLC signed with the company to implement its multi-channel, 100 percent browser-based LOS platform, LenderAssist(TM). The comprehensive solution will automate Pacific Union Financial's wholesale lending functions from start to finish and establish complete data control and visibility over processes.
Quandis to Partner with Banks and Servicers for New Military Personnel Program
FOOTHILL RANCH, Calif. /eNewsChannels/ -- NEWS: Quandis, Inc., a leading provider of mortgage servicing software, today announced that it rolled out a website to help address President Obama's New Executive Actions to assist service members, veterans and their families.
Investor Edge empowers UWM’s broker partners to help borrowers in the market for investment properties
TROY, Mich. /eNewsChannels/ -- NEWS: United Wholesale Mortgage, one of the nation's largest and fastest growing wholesale lenders, announced that it rolled out a new product called Investor Edge, which is designed specifically for borrowers that are looking to purchase or refinance non-owner occupied investment properties.
MorVest Capital LLC has closed another mortgage servicing rights (MSR) credit facility for a Virginia company
DALLAS, Texas /eNewsChannels/ -- NEWS: MorVest Capital, LLC, in concert with its funding partner Customers Bank (NASDAQ:CUBI), today announced that this week it has closed another mortgage servicing rights (MSR) credit facility for a Virginia company, adding to its growing tally. MorVest Capital is a boutique investment firm primarily focused on providing capital and strategic solutions to the mortgage banking and residential finance industry.
Changes to HUD Section 184 went into place this year, making it even more attractive to Native American Indian homeowners
DENVER, Colo. /eNewsChannels/ -- NEWS: Native Americans with a tribal enrollment card have been eligible for a specialized Home Loan Guarantee Program (HUD Section 184) since 1992 to assist in the purchase of a new home, says Morgan Pennington, a Section 184 Licensed Mortgage Consultant at Universal Lending Corporation. Beginning this year, there are some new changes went into place that will make it even more attractive to Native American Indian homeowners.
Bank of Southern California, N.A. Acquires El Paseo Bank in Coachella Valley from FDIC
PALM DESERT, Calif. /eNewsChannels/ -- NEWS: Bank of Southern California, N.A. (OTCMKTS:FBBN / OTC Markets FBBN) announced today that it purchased substantially all the assets and liabilities of Frontier Bank, FSB dba El Paseo Bank through a purchase and assumption agreement with the FDIC.
United Wholesale Mortgage CEO Mat Ishbia Webinar Offers Game-Changing Strategies to Increase Broker Business
TROY, Mich. /eNewsChannels/ -- NEWS: United Wholesale Mortgage (UWM), one of the nation's largest and fastest growing wholesale lenders, announced that it will be holding a webinar on game-changing strategies that brokers can utilize to generate more business in 2015. UWM's president and CEO, Mat Ishbia, will personally be conducting the webinar.
