Tag: Finance

KIRKLAND, Wash. -- If you're in the market for long-term care insurance, you may be in for a long, exasperating slog, according to ACSIA Partners, one of America's largest long-term care insurance agencies. "Unfortunately, LTC insurance isn't an easy thing to buy," says Denise Gott, the company's CEO. "You can't just comparison shop for it as you can for a TV or refrigerator."

ATLANTA, Ga. -- FormFree Holdings Corp. (FormFree), a provider of automated verification software, announced that Addison, Texas-based Mid America Mortgage has chosen AccountChek(TM) to conduct automated reviews of borrowers' asset accounts as part of its push towards executing a complete eMortgage.

FOOTHILL RANCH, Calif. -- Quandis, Inc., a leading provider of default management software and services, announced that it released a technology solution to help lending organizations comply with changes to the Military Lending Act (MLA) that take effect on Oct. 3, 2016. The MLA provides a number of new rules set forth by the Department of Defense (DoD) that impacts lenders working with active duty service members and their dependents. Failure to adhere to the DoD's amended compliance rules can result in severe repercussions.

DENVER, Colo. -- Altavera Mortgage Services (Altavera), the premier provider of third-party residential mortgage origination services, today announced that Jennifer Fountain has been named senior vice president of due diligence and will have oversight of its closed-loan file review business.

SAN FRANCISCO, Calif. -- EPIC Insurance Brokers and Consultants (EPIC), a retail property, casualty insurance brokerage and employee benefits consultant, today announced a significant milestone, having become the 15th largest employee benefits broker/consultant in the U.S. In addition, EPIC ranks #11 among the country's fastest growing large group broker/consultants, based on Form 5500 data from the Department of Labor, compiled by business intelligence provider miEdge.

SAN FRANCISCO, Calif. -- EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, announced today that risk management professional Mark Millard has joined the firm's Stamford, Conn.-based EPIC Risk Solutions team as a Principal and Senior Producer.

IRVINE, Texas -- LeaseAccelerator announced today that its CEO, Michael Keeler, will participate in a panel at the upcoming Financial Executives International (FEI) New Lease Accounting Standard Conference. Issued earlier this year, the new standards, FASB ASU 2016-02 (or Topic 842) for US GAAP and IFRS 16, will require companies to track virtually all real estate, equipment leases, and leases embedded in service agreements as assets and liabilities on their balance sheets starting as early as 2019.

NEW YORK, N.Y. -- Klingenstein Fields Wealth Advisors (KFWA), a leading wealth management firm with approximately $3 billion in assets under management, recently volunteered a day of service at God's Love We Deliver (GLWD), a New York-based charitable organization.

DENVER, Colo. -- Altavera Mortgage Services (Altavera), the premier provider of third-party residential mortgage origination services, announced today that it will expand its closed-loan file review services beginning in Q3 2016. Closed-loan review, also known as pre-purchase review, is the review and approval of loans prior to investor purchase, or the audit of a loan package prior to purchase by a correspondent buyer or aggregator.

FLAT ROCK, N.C. -- Michael "Mike" Smith, M.B.A., and Certified Health Care Financial Professional (or CHFP), has been named director of finance with Four Seasons Compassion for Life. Smith attributes Four Seasons' leaders for modeling quality personal growth and professional development.

NEWS: (SALT LAKE CITY, Utah) Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it was included in HousingWire magazine's 2016 HW TECH100(TM) list. The company was recognized for its forthcoming eClosing integration with collaborative real estate technology provider and fellow TECH100 winner Pavaso, as well as its recent acquisition by automotive dealership software provider Reynolds and Reynolds.

LITTLE ROCK, Ark. /eNewsChannels/ -- NEWS: Arkansas Mutual Insurance Company announced today that it will be joining Constellation, a mutual holding company, and its family of companies. Arkansas Mutual is a provider of medical professional liability insurance for physicians, located in Little Rock; it will be the third Constellation member company, joining MMIC and UMIA.

ADDISON, Texas /eNewsChannels/ -- NEWS: Mid America Mortgage, Inc. owner and CEO Jeff Bode announced Adam Rieke has joined the organization as director of national TPO lending. Rieke brings an extensive track record of success in the mortgage lending arena. Over the last 23 years, he has built and managed several highly profitable wholesale lending operations.

WEST PALM BEACH, Fla. /eNewsChannels/ -- NEWS: OpenClose, an enterprise-class end-to-end loan origination system (LOS) provider, announced that it has been named to HousingWire magazine's second annual HWTECH 100(TM) list for 2015. HW TECH100 honors the 100 most innovative technology companies serving the U.S. mortgage finance and real estate industries.

SAN DIEGO, Calif. /eNewsChannels/ -- NEWS: ReverseVision, Inc., the leading software and technology provider for the reverse mortgage industry, announced it has been included in the 2015 edition of HousingWire's HW TECH100 list.

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).

LANSDALE, Pa. /eNewsChannels/ -- NEWS: Global DMS, a leading provider of web-based compliant valuation management software, announced that HousingWire magazine again named the company to its 2015 HW TECH100 list. The list was officially introduced in 2014 and each year seeks to recognize the 100 most innovative technology firms in the U.S. housing economy.

SAN DIEGO, Calif. /eNewsChannels/ -- NEWS: John Button, CEO of leading reverse mortgage software and technology provider ReverseVision, says the Department of Housing and Urban Development's (HUD) decision to delay implementation of its Financial Assessment (FA) rules provides a better opportunity for lenders to get the required technology changes including: ReverseVision's, HUD's and other systems implemented into their processes.

TORRANCE, Calif. /eNewsChannels/ -- NEWS: DocMagic, Inc., the mortgage industry's leader in compliant loan document preparation and driver of complete eMortgage adoption, announced that its entire solution set now adheres to version 3.3 of the Mortgage Industry Standards Maintenance Organization (MISMO) Reference Model.

ATLANTA, Ga. /eNewsChannels/ -- NEWS: Edgewood Partners Insurance Center (EPIC), a national retail property, casualty insurance brokerage and employee benefits consultant, today announced that Joe Salome and Barbara Scales have joined the firm's Employee Benefits Consulting team in Atlanta.

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.

LIBERTYVILLE, Ill. /eNewsChannels/ -- NEWS: Hundreds of hospital finance executives from Alaska, California, Hawaii, Nevada, Oregon, and Washington are convening in San Diego to discuss critical issues facing hospitals in the Western states. Among the exhibitors at the Healthcare Financial Management Association (HFMA) Region 11 Symposium and Trade Faire will be Healthcare Insights, LLC, in its first trade show appearance since merging with NOMISe, Inc.

POMPANO BEACH, Fla. /eNewsChannels/ -- NEWS: Florida's ARMCO - ACES Risk Management, a leading provider of web-based audit technology for the financial services industry, has announced it has hired seasoned mortgage quality control expert Phil McCall as chief operating officer. McCall brings more than 20 years of experience in quality control, loan origination and underwriting, mortgage fraud, loss and litigation and real estate-based transactions.

DENVER, Colo. /eNewsChannels/ -- NEWS: Mortgage fulfillment outsource services expert Titan Lenders Corp. today announced it will exit its retail general fulfillment service offering, which includes contract underwriting, closing, funding and post-closing for retail mortgage lenders, effective Jan. 31, 2015.

TROY, Mich. /eNewsChannels/ -- NEWS: United Wholesale Mortgage (UWM), one of the nation's largest and fastest growing wholesale lenders, announced that it launched a product which offers conventional financing on up to 97 percent loan to value (LTV).