National News

National news from US business, including tech, finance, entertainment and lifestyle topics.

PDC CEO Emilio N. Francisco Announces $45 Million Capital Raise for Clear Currents

COSTA MESA, Calif., Feb. 20, 2015 (SEND2PRESS NEWSWIRE) -- Emilio N. Francisco, Chairman and Chief Executive Officer of private equity firm PDC Capital Group, announced that PDC is raising $45 million in EB-5 immigrant investor funds to assist biodegradable organic chemical products firm Clear Currents, Inc.

Quandis Unveils QLS, a Comprehensive Default Management Platform

FOOTHILL RANCH, Calif., Feb. 19, 2015 (SEND2PRESS NEWSWIRE) -- Quandis, Inc., a leading provider of default servicing software, announced that it launched Quandis Loan Servicing (QLS), an end-to-end default management platform that automates and compliantly manages the default process from start to finish. QLS is offered as an all-in-one system and also as modules so various components can be leveraged by servicers based on individual needs.

Anthem Data Breach Sparks Class Action Lawsuit, Weitz & Luxenberg Announces

LOS ANGELES, Calif., Feb. 18, 2015 (SEND2PRESS NEWSWIRE) -- Weitz and Luxenberg, P.C., today announced the filing of a class action lawsuit against the nation's second-largest health insurer, Indianapolis-based Anthem Inc., following disclosure earlier this month that the private information of 80 million Anthem customers was stolen in a massive online data breach.

ShortSave CEO Points Servicers to Borrower Self-Service Technology for CFPB Compliance

MONUMENT, Colo., Feb. 18, 2015 (SEND2PRESS NEWSWIRE) -- Karl Falk, CEO of ShortSave, Inc., the provider of an award-winning borrower-facing mortgage default servicing system, foresees servicers being hamstrung by the human-powered servicing model in meeting the Consumer Financial Protection Bureau's proposed amendments to its servicer rules.

MorVest Capital Says Recent Changes on FHA Loans Will Impact Mortgage Servicing Rights Fair Value

DALLAS, Texas, Feb. 18, 2015 (SEND2PRESS NEWSWIRE) -- MorVest Capital, a specialized investment firm focused on providing strategic capital and analytics solutions to the mortgage banking and residential finance industry, is drawing mortgage servicers' attention to the impact two recent changes will have on mortgage servicing rights fair value for FHA loans.

Hair Extensions Undetectable by Sight or Touch: ‘Hair Blending Extensions’ from Dream Hair Blending adored by European Women

NEW YORK, N.Y., Feb. 18, 2015 (SEND2PRESS NEWSWIRE) -- Sevlor, Co., announced that Dream Hair Blending, EU Hair Extension and Hair Reconstruction Awards winner in 2013, has introduced to North America its undetectable and completely non-damaging hair blending extensions. Known in Europe for their natural and undetectable hair replacement and hair extension technology 'Hair Blending Enhancements and Extensions(TM),' the company's RandD team is credited with creating an innovative alternative to salon, clip-in and wire hair extensions.

Veros Real Estate Solutions Delivers First Direct Connection to FHA EAD Portal

SANTA ANA, Calif., Feb. 17, 2015 (SEND2PRESS NEWSWIRE) -- Veros Real Estate Solutions (Veros), an award-winning industry leader in enterprise risk management, collateral valuation services and predictive analytics, announced today that lenders interested in utilizing FHA's recently announced Electronic Appraisal Delivery (EAD) portal can achieve a direct connection for electronic appraisal submission through Veros' PATHWAY.

DocMagic Integration Supports MERS eRegistry

TORRANCE, Calif., Feb. 17, 2015 (SEND2PRESS NEWSWIRE) -- DocMagic, Inc., the leading provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions for the mortgage industry, announced that the firm has now completed its integration with the MERS(R) eRegistry, making it one of only a few industry vendors to integrate with the widely used system.

Scorpion Mezcal Silver 4-Pack Sampler Gift Box wins Gold Medal

CHICAGO, Ill., Feb. 17, 2015 (SEND2PRESS NEWSWIRE) -- Caballeros Inc. today announced that the Beverage Testing Institute's Tastings 2014 International Review of Spirits Packaging Competition has awarded Scorpion Mezcal's(R) 4-Pack Silver Sampler Gift Box several Gold awards and runner-up status for 'Best Gift Box.'

ReverseVision Taps Wendy Peel as VP of Sales/Marketing

SAN DIEGO, Calif., Feb. 12, 2015 (SEND2PRESS NEWSWIRE) -- ReverseVision, the leading software and technology provider for the reverse mortgage industry, announced seasoned sales/marketing executive Wendy Peel has joined the company as its vice president of sales and marketing. In this position, Wendy will be responsible for managing the ReverseVision brand, working with product development on system enhancements and broadening ReverseVision brand awareness among forward lenders and financial planners.

DocMagic Implements MISMO Version 3.3 in Support of the TILA-RESPA Integrated Disclosure Rule

TORRANCE, Calif., Feb. 11, 2015 (SEND2PRESS NEWSWIRE) -- 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.

Economic Recovery Contributes to Increase in Renovations: Bathrooms and Kitchens Remain Favorite Remodeling Projects

SUNNYVALE, Calif., Feb. 11, 2015 (SEND2PRESS NEWSWIRE) -- The latest US Remodeling Sentiment Report from Remodel or Move indicated that the continued economic recovery has favorably affected homeowners. Homeowner respondents report their average home equity is now over $165,000, up from $115,000 in 2013, which combined with continued low interest rates and pent-up demand for home repair and improvements, is fueling growth.

Weitz & Luxenberg’s Relkin Appointed to Xarelto MDL Leadership Team

NEW YORK, N.Y., Feb. 11, 2015 (SEND2PRESS NEWSWIRE) -- Ellen Relkin, of counsel attorney with Weitz and Luxenberg, P.C., has been named to the plaintiffs' steering committee created by judicial order to facilitate lawsuits against the makers of the anticoagulant drug Xarelto, the personal injury and mass tort law firm today announced.

IDS Promotes Mark Mackey to CEO of Mortgage Doc Prep Firm

SALT LAKE CITY, Utah, Feb. 10, 2015 (SEND2PRESS NEWSWIRE) -- Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it has promoted former Executive Vice President Mark Mackey to chief executive officer.

Mark and Jan Hilbert of the Hilbert Collection Donate Rex Brandt Watercolor to Laguna College of Art and Design Permanent Collection

LAGUNA BEACH, Calif., Feb. 10, 2015 (SEND2PRESS NEWSWIRE) -- Laguna College of Art and Design (LCAD) announced that Mark and Janet Hilbert of The Hilbert Collection donated 'Evening Rendezvous' (Watercolor on Paper, 10 x 14 inches, 1960) by acclaimed California watercolorist Rex Brandt. The iconic watercolor will be part of the college's permanent collection.

Healthcare Insights Showcases #1 Software and New Range of Services at HFMA Dixie Institute

LIBERTYVILLE, Ill., Feb. 9, 2015 (SEND2PRESS NEWSWIRE) -- Following its fourth consecutive ranking as #1 Category Leader for budgeting software and services in the annual Best in KLAS report, Healthcare Insights, LLC (HCI) will exhibit at the 2015 Healthcare Financial Management Association (HFMA) Dixie Institute in Charleston, S.C. The annual conference brings together hospital finance executives to discuss critical issues facing health care providers in the southern states and beyond.

Veros CEO Darius Bozorgi Speaking at 2015 ABS Vegas Conference

SANTA ANA, Calif., Feb. 9, 2015 (SEND2PRESS NEWSWIRE) -- Veros Real Estate Solutions (Veros), an award-winning industry leader in enterprise risk management, collateral valuation services and predictive analytics, is pleased to announce that president and CEO Darius Bozorgi will be a panelist at the 2015 ABS Vegas conference, the largest capital markets conference in the world.

Bank of Southern California Successfully Raises $7.2 Million in Capital

SAN DIEGO, Calif., Feb. 9, 2015 (SEND2PRESS NEWSWIRE) -- Bank of Southern California (OTCQB:FBBN / OTCMKTS:FBBN) (the 'Bank') announced today that it completed a private placement of approximately $7.2 million of its common stock, positioning the Company to grow its Southern California Franchise.

Can a Blonde Beauty Heal a Broken Heart in Time for Valentine’s Day?

NEW YORK, N.Y., Feb. 9, 2015 (SEND2PRESS NEWSWIRE) -- For broken hearts, Valentine's Day can be a difficult day for many. Enter actress-turned-designer Nicole Brier, who has created a Venus Heart Palm Bracelet to rekindle romance with that special someone. Available from Louise Manna Jewelry, the purpose of this special design is to bring the energy of love back into your life.

No Soup for You! 22 Endangered Baby Turtles, Destined for Stock Pots, Now Safe at SoundWaters

STAMFORD, Conn., Feb. 6, 2015 (SEND2PRESS NEWSWIRE) -- As part of a global wildlife-trafficking issue that is growing exponentially, 22 tiny baby turtles - likely destined for soup pots in China - were recently rescued and brought to a nursery at the SoundWaters Coastal Education Center, where they are being coddled and cared for after a harrowing, near-smuggling experience.

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