Tag: San Diego Business
Bank of Southern California, N.A. (OTC:BCAL) Names Robby Piper Senior Managing Director
eNewsChannels NEWS: -- Bank of Southern California, N.A. (OTC Pink: BCAL), a community business bank headquartered in San Diego, is pleased to announce that Robby Piper has joined the company as Senior Managing Director, Business Banking. He will be responsible for expanding Bank of Southern California's client base.
Hometown Lenders Adopts ReverseVision Loan Origination Technology to Launch HECM Channel
eNewsChannels NEWS: -- ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced that Hometown Lenders has implemented ReverseVision's HECM and proprietary reverse loan origination technology to support the launch of the independent mortgage bank's HECM lending channel.
Bank of Southern California NA (BCAL) Names Mr. Kamran Khosrovani Branch Managing Director
eNewsChannels NEWS: -- Bank of Southern California, N.A. (OTC Pink: BCAL), a community business bank headquartered in San Diego, announced today that it has hired Kamran Khosrovani as Branch Managing Director of Business Banking in Los Angeles. He will focus on client acquisition and retention as Bank of Southern California looks to further expand its presence throughout the greater Los Angeles region.
Blue Ridge Bank Partners with ReverseVision to Launch HECM and Reverse Lending Division
eNewsChannels NEWS: -- ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced that it has partnered with North Carolina-based Blue Ridge Bank, N.A. Mortgage Division (Blue Ridge Bank).
San Diego’s Windward Life Care Celebrates 15 Years of Meeting Evolving Needs of Aging and Disabled Adults
eNewsChannels NEWS: -- This month Windward Life Care(R) reached a milestone, celebrating 15 years of business. Since 2004, Windward Life Care has grown to be one of San Diego County's premier aging services firms, evolving alongside the rapidly transforming elder care landscape.
Mortgage Capital Trading (MCT) Launches Trade Auction Manager to Enable Electronic TBA MBS Trading
eNewsChannels NEWS: -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that it has officially launched Trade Auction Manager(TM) (TAM) to enable more efficient bidding of TBA mortgage-backed securities used by lenders to hedge their open mortgage pipelines. The browser-based software module is accessible via MCTlive!, the company's award-winning comprehensive capital markets platform.
ReverseVision Launches Interactive Tool to Help Originators and Consumers Compare HECM Loans with HELOCs
eNewsChannels NEWS: -- ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) and senior lending industry, today announced the release of the Comparison Calculator within RV Sales Accelerator (RVSA).
Sean Dlal Managing Director of Business Banking at Bank of Southern California NA (OTC:BCAL)
eNewsChannels NEWS: -- Bank of Southern California, N.A. (OTC Pink: BCAL), a community business bank headquartered in San Diego, is pleased to announce that Sean Dlal has joined the company as Managing Director of Business Banking in Del Mar. He will be responsible for expanding Bank of Southern California's client base by actively seeking new business opportunities in the San Diego region.
Bank of Southern California NA (BCAL) Announces Q1-2019 Results and Reports Growth Amidst Expansion
eNewsChannels NEWS: -- Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL) today reported results for the first quarter ended March 31, 2019. Total assets grew to $769 million for the first quarter of 2019, a 47% increase compared to the first quarter of 2018. Quarterly net income increased 72% to $1.85 million compared to $1.07 million in Q1 of 2018. Total loans ended the quarter at $629 million and total deposits were $636 million.
MCT Trading Bolsters Executive Management Team – adds Leslie Winick as Chief Strategy Officer
eNewsChannels NEWS: -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that Leslie Winick has joined the company as Chief Strategy Officer (CSO). In this newly created position, Ms. Winick will play an integral role in helping MCT hone its strategic direction, further increase market share, manage rapid growth, and delight clients.