Tag: Finance

SALT LAKE CITY, Utah -- Curt Doman, president of International Document Services, Inc. (IDS), a mortgage document preparation vendor, warns interim change to Regulation Z, also known as the Truth in Lending Act (R-1366), could make it more difficult for lenders to accurately calculate an APR for closed end real property transactions.

LOS ANGELES, Calif. -- Changing the entire landscape to protect Latino laborers' payroll is the mission of the new iGlobal Prepaid Visa Card and its initial launch in the Central Valley of California. According to founder, Robert Acosta, whose parents worked the citrus fields of Southern California, 'The exploitation of Latino workers ... is over.'

LOS ANGELES, Calif. -- 'Many business owners don't realize that funding is still available for equipment purchases, even if the banks are turning them down,' says Bob Skibinski, CEO of Taycor Financial. 'Unlike other equipment leasing companies, here at Taycor, we are getting deals done for our clients every day; which means you are going to get the new piece of equipment you need, and you are going to get it fast.'

PALO ALTO, Calif. -- SmartStops announced today the launch of the performance comparison calculator. The calculator analyzes the historical performance of equities comparing a buy and hold approach to one following a risk mitigation strategy. In addition to total return, risk exposure and opportunity costs are also quantified and the results presented in simple visual diagrams.

SAN MARCOS, Calif. -- The MagniFund Group is pleased to announce the addition of Jay Lacny to its organization, as its Chief Strategy Officer. This is an important advancement in the company's desire to aid customers and clients in meeting all of their financial needs and continuing our strategy of becoming one of the West Coast's largest lenders.

SALT LAKE CITY, Utah -- International Document Services, Inc. (IDS), a mortgage document preparation vendor, would like to recognize and congratulate four IDS lenders for appearing on Mortgage Technology Magazine's 2010 Top 25 Tech-Savvy Lenders list.

MANCHESTER, Vt. -- CONIX Systems Inc., a leading international provider of payment processing solutions to the financial services industry, was selected by Symcor Inc., a leading North American financial processing company, to provide its Enterprise IRD (EIRD) solution - a system designed to print IRD documents from X9.37 files.

SALT LAKE CITY, Utah -- International Document Services, Inc. (IDS), a mortgage document preparation vendor, congratulates Inlanta Mortgage for being named a finalist in the Customer-Focused Lender category for the 2010 Mortgage Technology Awards.

DENVER, Colo. -- Mortgage fulfillment outsource services expert Titan Lenders Corp (TLC), and ComplianceEase, the nation's leading provider of regulatory compliance and risk management solutions, have been named one of three finalists for the coveted 2010 Synergy Award from Source Media's Mortgage Technology magazine. The pair was nominated for their proprietary automated loan review process for the Massachusetts Housing Finance Agency.

WALL, N.J. -- Peter Grandich, founder of Trinity Financial Sports and Entertainment Management Company, Atlantic Avenue, announced that Super Bowl XLII hero and former New York Giant David Tyree has joined the company's advisory board.

SAN DIEGO, Calif. -- Del Mar DataTrac, Inc. (DMD), the leading provider of affordable end-to-end mortgage lending automation solutions and an industry pioneer in business intelligence, document imaging and management, and loan process workflow tools, is among the 2010 Top 50 Service Providers listed by Source Media's Mortgage Technology magazine.

IRVINE, Calif. -- Loan-Score Decisioning Systems, an enterprise-class pricing and automated underwriting provider, announced that Stearns Lending, Inc., a national wholesale and retail mortgage banker, has grown its business by more than 65 percent since going live with its solution in early 2009. Stearns utilizes Loan-Score's platform to automate pricing and underwriting for each of its 18 wholesale branches as well as its new affiliate branches.

SALT LAKE CITY, Utah -- International Document Services, Inc. (IDS), a mortgage document preparation vendor, reached a corporate milestone in June - an all-time record volume of document packages processed in a single month.

ORANGE, Calif. -- Comergence Compliance Monitoring (CCM), a leading provider of third-party originator (TPO) risk management solutions and SaaS, announces the release of Realm Professional Edition 2.2 Product Suite. Realm 2.2 creates a more holistic TPO management system that enables wholesale, correspondent and reverse mortgage lenders to oversee and execute all TPO communication and administrative activities through a single electronic portal.

ATLANTA, Ga. -- White Horse Advisors, LLC, an independently-owned provider of financial advisory services to owners of closely-held businesses and retirement plan sponsors, announces the launch of Navix, a 14-step process for business value creation and exit planning.

SAN DIEGO, Calif. -- HELM Analytics, a business intelligence and analytics company, announced that it has earned a spot on Mortgage Technology magazine's 2010 Top 50 Mortgage Technology Service Providers. The company has gained rapid momentum since launching operations in early 2009.

SAN DIEGO, Calif. -- Del Mar DataTrac, Inc. (DMD), the leading provider of affordable end-to-end mortgage lending automation solutions, and CCMC, Inc., the financial industry's premier technology interface provider, have released the DMDBridge, a connectivity tool that automatically moves loan data from a lender's third-party origination system to the DataTrac mortgage banking system of record.

MANCHESTER, Vt. -- Franks Stokes, president of technology for CONIX Systems, Inc., a leading international provider of payment processing solutions to the financial services industry and pioneer in the acceleration of exception processing, agrees with the Obama Administration that reducing systemic drains on the Federal budget by better policing benefits and other types of payments to eliminate 'improper payments' will be a productive government debt reduction strategy.

DENVER, Colo. -- Mortgage fulfillment outsource services expert Titan Lenders Corp (TLC) signed nine mortgage banker clients in the second quarter of 2010. TLC, a U.S.-based domestic mortgage fulfillment outsource operation, offers a parallel and variable cost alternative solution to lenders that maintain back office and warehouse line management operations.

MANCHESTER, Vt. -- The Xcept Steering Committee, organized in the first quarter of 2010 by CONIX Systems, Inc., a leading international provider of payment processing solutions to the financial services industry and a pioneer in the creation of post-Check 21 exception management tools, has added five members representing the Bank of Oklahoma, Bank of the West, Marshall and Isley, and BB&T.

SALT LAKE CITY, Utah -- International Document Services (IDS), a mortgage document preparation vendor for closing documents, initial disclosures and reverse documents, has completed RESPA-related disclosures updates to its idsDoc doc prep platform to accommodate changes in the GFE and HUD-1, and evaluated responses from its Q2 customer survey.

SANTA CLARA, Calif. -- SecuGen, the world's leading optical fingerprint device vendor, is pleased to announce that CompuLynx, of Nairobi Kenya, has successfully integrated the SecuGen Hamster IV into the Account Holder Biometric Authentication and Identification System for one of the largest retail banks in Kenya.

CORAL SPRINGS, Fla. -- On April 15, President Barack Obama signed legislation to add $80 million to the Small Business Association (SBA) business loan programs, and effectively extend stimulus benefits through the end of May. But a recent study suggests that a significant majority of small business owners will remain uninterested. Instead, many are seeking financing alternatives, says BusinessCashAdvance.

DENVER, Colo. -- Mortgage fulfillment outsource services expert Titan Lenders Corp (TLC) has assembled and developed a glossary of mortgage industry terms in the format of a periodic table of acronyms posted to its Website. The page where the glossary is posted requires no user registration and the information is provided as an educational service to improve general understanding of the mortgage industry.

SAN DIEGO, Calif. -- Del Mar DataTrac, Inc. (DMD), the leading provider of affordable end-to-end mortgage lending automation solutions and an industry pioneer in business intelligence, document imaging and management, and loan process workflow tools unveiled its DataTrac 9.3 Product Suite to more than 100 mortgage bankers and vendor partners at its annual client conference in Las Vegas.