Tag: Finance

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

DENVER, Colo. -- Mortgage fulfillment outsource services expert Titan Lenders Corp (TLC) has been chosen by the Massachusetts Housing Finance Agency (MassHousing) to provide outsourced mortgage purchase review services. MassHousing is an independent, quasi-public agency that provides financing for affordable housing in Massachusetts. TLC is a U.S.-based domestic mortgage fulfillment outsource operation that offers back office and warehouse line management operations.

SAN ANTONIO, Texas -- 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 an exhibitor at the May 16-18 Texas MBA's 94th Annual Conference in San Antonio (Booth 26). DMD experts will demonstrate and discuss specific loan production improvements for mortgage bankers seeking growth in a slow market.

SAN DIEGO, Calif. -- Del Mar DataTrac(R), 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, has added four new DataTrac ExTrac options. These ExTracs facilitate the extraction, quality control and exchange of mortgage loan data between mortgage bankers and warehouse lenders or servicing vendors.

DALLAS, Texas -- Frank Stokes, president of technology, 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, asserts that the acceleration of check clearing due to the widespread adoption of remote deposit capture (RDC), image exchange, and ACH conversion has exposed banks to a new level of payments fraud and risk. Stokes will be on hand at TAWPI Fusion 2010 May 9-13 (booth #622).

WASHINGTON, D.C. -- Financial estate and planning expert, John J. Cortale, senior vice president of investments, Potomac Investments, has assembled a team of financial experts with more than 30 years of combined experience. Cortale's team knows what it takes to work with individual investors as well as large organizations to provide customized solutions backed by solid, research-driven investment strategies.

ORANGE, Calif. -- Greg Schroeder, president of Comergence Compliance Monitoring, a leading provider of third-party originator (TPO) monitoring and due diligence solutions, says he supports HUD's move to eliminate FHA approvals for loan correspondents, thereby distancing itself from the risks inherent in the current management of this origination channel.

SALT LAKE CITY, Utah -- International Document Services (IDS), a mortgage document preparation vendor for closing documents, initial disclosures and reverse documents, has announced the successful completion of its full company SAS 70 Type I audit. The audit was performed in late February and will be followed up by a Type II audit in July, which will be repeated on a perpetual basis.

CORAL SPRINGS, Fla. -- With the outlook of traditional business credit markets remaining bleak, many small business owners are taking matters into their own hands, seeking out alternative means of finance, and this is proving to be a boon for the business cash advance industry according to BusinessCashAdvance.

SAN DIEGO, Calif. -- Del Mar DataTrac(R), 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, added two community bank mortgage lenders to its client roster in March, 2010.

SALT LAKE CITY, Utah -- International Document Services (IDS) and Primary Capital Mortgage have teamed up to minimize the lender's RESPA-related initial disclosures and closing document challenges. IDS is a mortgage document preparation vendor for closing documents, initial disclosures and reverse documents. Primary Capital Mortgage is an Atlanta based residential mortgage banking firm.

SAN DIEGO, Calif. -- Del Mar DataTrac(R), Inc. (DMD), the leading provider of affordable mortgage lending automation solutions, and an industry pioneer in business intelligence, document imaging and management, and loan process workflow tools, is holding its annual DataTrac Client Conference on June 10 - 11 at ARIA Resort and Casino, one of Las Vegas' newest and most exciting resorts.

SAN DIEGO, Calif. -- Southern California mortgage banker Augusta Financial selected the Del Mar DataTrac(R), Inc. (DMD) flagship solution DataTrac as its automated loan processing platform and lending system of record in September, 2009, when it transformed from broker to banker. Founded in 1995 as a mortgage broker in the Santa Clarita Valley, Augusta Financial today serves Burbank, Orange County and Ventura as a full service mortgage banker.

SOUTHFIELD, Mich. -- Professional Auditing Services of America (PAS) announced today that, in light of the current economic condition, they will be offering not only a Nation Wide Special 2010 Recovery Stimulus Package Discount on all recovery audits but also another special discount to all AICPA affiliated members through the end of the year.

CORAL SPRINGS, Fla. -- As traditional bank loans become scarce, more small business owners are turning to alternatives like business cash advances offered by Business Cash Advance. The company has provided an attractive option to a growing number of entrepreneurs seeking business loans in this tough economy. It expects this trend to continue as credit tightens even further.

SAN DIEGO, Calif. -- Rob Katz, president of Del Mar DataTrac, Inc. (DMD), the leading provider of affordable mortgage lending automation solutions, and an industry pioneer in business intelligence, document imaging and management, and loan process workflow tools, will be a featured guest of the Lykken on Lending Internet radio program on Monday, March 29 at noon Central Time. Katz will discuss the role that automated mortgage lending technology plays in supporting mortgage banker hedging strategies.

SALT LAKE CITY, Utah -- International Document Services (IDS), a mortgage document preparation vendor for closing documents, initial disclosures and reverse documents, announced that Ali Knudsen has joined the company to lead its marketing communication efforts. As marketing communications manager, Knudsen is responsible for internal and external communications, tradeshow marketing, public relations and media relations.

BOONTON, N.J. -- Capital expenditures (CAPEX) by telecommunications service providers globally is expected to increase at a compounded rate of 2.4 percent, from $199.6 billion in 2010 to $224.5 billion in 2015, says a new market analysis report from The Insight Research Corporation. According to the new market study, CAPEX in the various global regions will be very uneven with major sectors slowing or declining. However, the global spending picture is expected to remain positive.

SAN DIEGO, Calif. -- Del Mar DataTrac, Inc. (DMD), the leading provider of affordable mortgage lending automation solutions, and an industry pioneer in business intelligence, document imaging and management, and loan process workflow tools, will exhibit and demonstrate its 'zero defect' mortgage lending workflow automation platform and electronic document management system, DataTrac, at the 2010 ICBA National Convention in Orlando.

SALT LAKE CITY, Utah -- Based on feedback received at the Lenders One Mortgage Cooperative Winter Member Conference in Orlando earlier this month, mortgage document preparation vendor International Document Services (IDS) learned that when it comes to doc prep functionality, compliance review capabilities and document delivery mechanisms are at the top of lenders' wish lists.