Tag: Finance

eNewsChannels NEWS: -- Cloudvirga CEO Michael Schreck is on a mission to help mortgage lenders reinvent the mortgage factory. A developer of intelligent mortgage point-of-sale platforms, Cloudvirga gives consumers and loan officers a digital mortgage experience and helps lenders grow market share by automating the mortgage back office, saving them up to $1,500 a loan.

eNewsChannels NEWS: -- Integrating homeowner's insurance into the mortgage origination process is a relatively new idea - and one Matic CEO Aaron Schiff anticipates will gain traction in 2018. His firm expects small and mid-sized mortgage operations will follow the lead of several marquee lenders that added homeowner's insurance to their origination workflows last year. Wider availability of cutting-edge digital capabilities like online bind will also make integrated homeowner's insurance more attractive for lenders, Schiff says.

eNewsChannels NEWS: -- JenCap Holdings LLC (JCH), a specialty insurance business, announced today that it has agreed to acquire privately-held Genesee General, a managing general agency, program administrator and wholesale insurance broker based in Alpharetta, Georgia. The transaction is expected to close in January 2018. Financial terms were not disclosed.

eNewsChannels NEWS: -- Leading mortgage industry management consulting firm Austin, Texas-based Transformational Mortgage Solutions (TMS) today announced that it has named Beth Ozenghar its new president and COO. Ozenghar, whose mortgage career spans three decades, had been in the role of senior executive advisor with TMS since 2016. TMS Founder David Lykken will retain the title of founder and chief transformation officer, focusing on spearheading the firm's management consulting engagements.

eNewsChannels NEWS: -- TravelInsurance.com today outlined five key points retirees should consider in regard to travel insurance before they hit the road in the coming year. 'While travel can be complicated at any age, retirees are faced with additional considerations, especially when it comes to medical coverage,' said Stan Sandberg, co-founder.

eNewsChannels NEWS: -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that Ian Miller has joined the company as Chief Marketing Officer (CMO). In this newly created position, he is responsible for ensuring that MCT's marketing strategy effectively supports the company's business plan and helps drive growth.

eNewsChannels NEWS: -- Cloudvirga Inc., developer of intelligent mortgage point-of-sale (POS) platforms, has appointed Sean McEvoy as its chief customer officer. As a member of the senior leadership team, McEvoy will be responsible for the firm's customer leadership, implementation and support functions. He has an extensive background in building world-class customer success organizations at FileNET, IBM, Quest and Dell. He will report to Cloudvirga CEO Michael Schreck.

eNewsChannels NEWS: -- Rittenhouse Capital Advisors is a commercial real estate finance advisor with over 60 years of combined banking experience. Currently in its fourth year of operation, Rittenhouse Capital has increased its loan production volume by a minimum of 30 percent year over year by delivering creative commercial financing solutions for their real estate investor clients.

eNewsChannels NEWS: -- TRK Connection, a leading provider of mortgage quality control and origination management solutions, announced today that Vice President of Business Development Colton Hansen has been named one of 'The 40 Most Influential Mortgage Professionals Under 40' for 2017 by industry trade magazine National Mortgage Professional.

eNewsChannels NEWS: -- FormFree today announced that asset reports generated by its AccountChek automated asset verification service meet all underwriting guidelines established by the U.S. Department of Veterans Affairs (VA) for loans guaranteed by its Loan Guaranty Service. The announcement follows the VA's December 29, 2017, release of Circular 26-17-43, which was issued in response to increasing lender interest in automated verification of borrower assets for VA loans.

eNewsChannels NEWS: -- Global DMS, a leading provider of cloud-based valuation management software, announced that it has integrated with Black Knight's LoanSphere Exchange platform, an online, collaborative technology that connects more than 25,000 mortgage industry service and solution providers.

eNewsChannels NEWS: -- Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL), a community business bank headquartered in San Diego, has announced the opening of a production office in Orange County in the city of Orange, Calif. In addition, the bank said it is actively looking to expand into other Southern California markets, as the company continues to grow the banks franchise throughout the Southern California region.

eNewsChannels NEWS: -- EPIC Insurance Brokers and Consultants (EPIC), the retail property and casualty insurance brokerage and employee benefits consulting subsidiary of EPIC Holdings, announced today a collaboration agreement between EPIC's Houston-based Ascende Wealth Advisors, Inc. (AWAI) and Qualified Plan Advisors (QPA), a division of Prime Capital Investment Advisors. QPA is a federally regulated investment advisor with more than 30 years of specialized expertise in 401k planning advisory services and private wealth management advisory services.

eNewsChannels NEWS: -- Supreme Lending, a nationwide lender, has announced that its San Diego, California branch has partnered with May We Give for Love, a San Diego-based nonprofit organization that provides financial contributions and volunteer support to several local charitable causes.

eNewsChannels NEWS: -- The Cooksey Team, a top producing retail branch of Mid America Mortgage, Inc., announced today that its founder Michael Cooksey has been named one of The 40 Most Influential Mortgage Professionals Under 40 for 2017 by industry trade magazine National Mortgage Professional.

eNewsChannels NEWS: -- Cloudvirga, developer of intelligent mortgage point-of-sale (POS) platforms, today announced that its co-founder and Chief Strategy Officer Kyle Kamrooz has been named one of National Mortgage Professional magazine's 2017 '40 Most Influential Mortgage Professionals Under 40.'

eNewsChannels NEWS: -- Matic Insurance Services, a digital insurance agency whose technology enables borrowers to purchase homeowner's insurance during the mortgage transaction, announced today that company co-founder and COO Benjamin Madick has been named one of National Mortgage Professional magazine's 2017 '40 most influential mortgage professionals under 40.'

eNewsChannels NEWS: -- The Mortgage Collaborative (TMC), the nation's only independent mortgage cooperative, today announced the addition of FullCircle Placements to its Preferred Partner network. FullCircle will be the first mortgage-centric recruiting and placement service provider within TMC's network.

eNewsChannels NEWS: -- ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced it has added new Chief Technology Officer (CTO) Jim Magner and Vice President of Operations Stacey Lund to its senior management team.

eNewsChannels NEWS: -- Cloudvirga, developer of intelligent mortgage point-of-sale (POS) platforms, has hired Jim Portner as chief product officer. Portner will report to Cloudvirga CEO Michael Schreck and will oversee product strategy, development and marketing for the company's digital mortgage automation platforms.

eNewsChannels NEWS: -- OpenClose, a multi-channel loan origination system (LOS) and mortgage software solutions provider, announced that it partnered with AFR Services to enable customers to access the company's complete suite of flood services. Using the interface makes it quick and easy to order AFR's various flood services directly from within OpenClose's LenderAssist LOS.

eNewsChannels NEWS: -- The Mortgage Collaborative (TMC), the nation's only independent mortgage cooperative, today announced the addition of United Capital Markets, Inc. (UCM), the mortgage industry's leading outsource provider of dynamic MSR hedging. UCM will provide TMC Lender Members strategic advice to bank-owned and private mortgage companies focusing on MSR investment strategies, balance sheet optimization and the capital stack.

eNewsChannels NEWS: -- ACES Risk Management (ARMCO), the leading provider of financial quality control and compliance software ACES Audit Technology(TM), has announced the release of a new technology for mortgage lenders and servicers that improves data validation in the QC process.

eNewsChannels NEWS: -- Since 2012, travel insurance has been growing consistently at more than ten percent (10%) per year*, with recent activity driving even more interest, according to TravelInsurance.com. For 2018, Stan Sandberg, co-founder of TravelInsurance.com, predicts similar growth, bringing the overall U.S. travel insurance market to nearly $3.5 billion.

eNewsChannels NEWS: -- The Mortgage Collaborative (TMC), the nation's only independent mortgage cooperative, today announced the addition of FundingShield to its Preferred Partner network. FundingShield offers TMC members a pair of loan level verification services to protect lenders by assuring closing funds go to verified bank accounts belonging to licensed and authorized parties. FundingShield provides actionable intelligence to lenders while other services may provide data that you have to interpret.