Tag: San Diego Business
Bank of Southern California NA Announces Q3-2017 Results
eNewsChannels NEWS: -- Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL) announced quarterly earnings of $1,088,043 for the third quarter of 2017, compared to $1,032,230 for the second quarter of 2017 and $642,186 for the third quarter of 2016. For the first nine months of 2017, net earnings were $2,830,295, compared to $2,106,775 for the first nine months of 2016.
La Mesa California offers Official Proclamation Supporting Ferret Legalization State-wide
eNewsChannels NEWS: -- Mayor Mark Arapostathis and all members of the La Mesa City Council issued a proclamation on November 9 urging the California State Legislature to pass ferret legalization legislation, non-profit Legalize Ferrets announced today.
ReverseVision UserCon 2018: ‘The Property Man’ Bob Massi to Speak on HECM for Purchase Loan Programs
eNewsChannels NEWS: -- ReverseVision, Inc., the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced that legal analyst and cable news mainstay Bob "The Property Man" Massi will address attendees of RV UserCon 2018 in a session focused on the HECM for Purchase loan program.
ReverseVision UserCon 2018: STRATMOR Group’s Jim Cameron as Day One Special Session Guest Speaker
eNewsChannels NEWS: -- ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced that STRATMOR Group Senior Partner Jim Cameron will be the Day 1 Special Session guest speaker for its third annual user conference. The ReverseVision UserCon 2018 will be held February 6-8, 2018, at the Kona Kai Resort and Spa on San Diego's Shelter Island.
Webinar Addressing Changes to FINRA ‘Mark to Market’ Rule with CEO Phil Rasori of MCT and Glen Corso of CMLA
eNewsChannels NEWS: -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that it will be holding a complimentary educational webinar discussing many important changes to the Financial Industry Regulatory Authority (FINRA) Mark to Market Rule. The webinar, hosted by the Community Mortgage Lenders of America (CMLA), will guide lenders through all of the mandated rule changes in advance of the required implementation date of June 25, 2018.
FirstBank Mortgage, part of FB Financial (NYSE:FBK), is First Reverse Lender to Join The Mortgage Collaborative Preferred Partner Network
eNewsChannels NEWS: -- The Mortgage Collaborative, the nation's only independent mortgage cooperative, announced a new partnership with reverse mortgage lender FirstBank Mortgage. The new relationship with FirstBank Mortgage's Senior Lending Division, adds the first lender specializing in reverse mortgage lending to The Mortgage Collaborative's preferred partner network. FB Financial Corporation (NYSE:FBK) is the holding company for FirstBank.
MCTlive! Secondary Marketing Software integrated with with Fannie Mae Pricing and Execution – Whole Loan
eNewsChannels NEWS: -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced the release of new online functionality that automates the process of product selection and delivery of loan commitments directly to Fannie Mae for MCT's lender clients. The new solution, which was developed as part of MCT's ongoing technology collaboration with Fannie Mae, is called Rapid Commit(TM) and resides within MCT's award-winning secondary marketing platform, MCTlive!(TM).
ReverseVision Partners with Premier Reverse Closings to Streamline Home-Equity Conversion Mortgages
eNewsChannels NEWS: -- ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, has forged a partnership with Premier Reverse Closings (PRC), a title and settlement firm specializing in reverse mortgage closings. A new integration between the companies' software allows users of ReverseVision's flagship RV Exchange (RVX) loan origination system (LOS) to order title services from PRC without ever leaving the RVX system.
The Mortgage Collaborative Notches 20 Percent Growth in Lender Membership since Q1-2017
eNewsChannels NEWS: -- The Mortgage Collaborative, the nation's only independent mortgage cooperative, today announced that they have reached another milestone, adding 20 new lender members since their August summer conference in Nashville. This brings the Collaborative's membership total to 120 and an annual aggregate origination volume of $210 Billion.
ReverseVision, Inc. Named Provider of Choice by Norcom Mortgage for End-to-End HECM Tech
eNewsChannels NEWS: -- ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced that Norwich Commercial Group, Inc. dba Norcom Mortgage (Norcom) has selected ReverseVision as its provider of choice for end-to-end HECM technology.