National News

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

HECM Reverse Mortgages Have Less Risk for Lenders says ReverseVision Board Member, Industry Expert Jeffrey Taylor

SAN DIEGO, Calif., Sept. 2, 2014 (SEND2PRESS NEWSWIRE) -- Mortgage lenders offering the HUD-insured Home Equity Conversion Mortgage (HECM) will find that originating reverse loans carries fewer risks than traditional mortgages. Recent HUD changes have made these loans even better suited to serve their intended purpose, according to reverse mortgage expert Jeffrey Taylor, a ReverseVision board member and president of Wendover Consulting.

Seventy-two Cats Dead and Alleged Animal Abuser Unable to be Prosecuted Due to Humane Officer Breach of Duty

PITTSBURGH, Pa., Aug. 29, 2014 (SEND2PRESS NEWSWIRE) -- Neighbors and concerned citizens are appalled that an Allegheny County Humane Officer who was called to investigate the abuse and abandonment of over 70 cats, removed two cats and sent the rest to die, according to Frankie's Friends Cat Rescue.

Inc. 5000 Ranks United Shore in top 25 percent of America’s Fastest Growing Private Companies

TROY, Mich., Aug. 26, 2014 (SEND2PRESS NEWSWIRE) -- With three year sales growth of 480 percent, United Shore ranked No. 1071 on the Inc. 5000 list of fastest growing private companies. United Shore, parent company of top wholesale mortgage lender United Wholesale Mortgage, is revolutionizing lending from a commodity to a service based business.

Ice Bucket Challenge Morphs into Rice Bucket Challenge

NEW YORK, N.Y. and TANAUAN, Philippines, Aug. 25, 2014 (SEND2PRESS NEWSWIRE) -- Since Spring, the 'Ice Bucket Challenge' has raised over $80 million for funding ALS research. Inspired by this success, the Rice Bucket Challenge has been created by non-profit groups including the World Mind Network, Adelina Foundation and BatangasVarsitarian.net.

SecuGen to Showcase New Combination Fingerprint and Contactless Smartcard Reader at the 2014 Global Identity Summit

SANTA CLARA, Calif., Aug. 25, 2014 (SEND2PRESS NEWSWIRE) -- SecuGen Corporation is pleased to announce that it will be showing at the Global Identity Summit in Tampa, Florida, a completely new device that combines a contactless smartcard reader with SecuGen's FAP 20 certified, optical fingerprint sensor, the U20. This new product, the Hamster Pro Duo CL(TM), is housed in a sleek new case and provides convenient access to dual mode authentication for enhanced security.

IDS Launches Mortgage Compliance Resource Center for Doc Prep Clients

SALT LAKE CITY, Utah, Aug. 25, 2014 (SEND2PRESS NEWSWIRE) -- Mortgage document preparation vendor International Document Services, Inc. (IDS) announced it has launched a comprehensive 'Resources' website within its flagship doc prep system idsDoc. The main feature of the site, a compliance-focused blog authored by IDS Compliance Officer Jonathan Johnson, was made available to clients through the idsDoc doc prep platform on Aug. 8.

Jody Collup of Global DMS Named a ‘Top 25 Most Connected Mortgage Professional’

LANSDALE, Pa., Aug. 19, 2014 (SEND2PRESS NEWSWIRE) -- Global DMS, a leading provider of Web-based compliant valuation management software, announced that its vice president of marketing, Jody Collup, has been honored by National Mortgage Professional Magazine on its 'Top 25 Most Connected Mortgage Professionals' list.

EPIC adds retail team from JLT Towers Re

SAN FRANCISCO, Calif., Aug. 13, 2014 (SEND2PRESS NEWSWIRE) -- EPIC (Edgewood Partners Insurance Center), a nationwide retail property, casualty and employee benefits insurance broker/consultant, announced today the addition of the retail risk management and property/casualty team of JLT Towers Re. This strategic build-out of a team serving large, complex risk management accounts is a product of EPIC's broadening alliance partnership and collaboration with JLT Towers Re. The agreement is effective August 11.

Reverse Mortgage Volumes Trend Up in Closed Loan Data, FHA Endorsements a Lagging Indicator, says ReverseVision’s Rob Katz

SAN DIEGO, Calif., Aug. 12, 2014 (SEND2PRESS NEWSWIRE) -- Contrary to what has been reported for the past six months, reverse mortgage originations have been trending up according to ReverseVision, the leading provider of reverse mortgage lending solutions. ReverseVision's RV Exchange (RVX) is the leading reverse loan origination system (RLOS) and lending system of record for the majority of reverse lenders.

IDS Passes SOC 2 Audit of Mortgage Doc Prep Services with No Exceptions

SALT LAKE CITY, Utah, Aug. 6, 2014 (SEND2PRESS NEWSWIRE) -- Mortgage document preparation vendor International Document Services, Inc. (IDS) announced it has passed its first Service Organization Control (SOC) 2SM audit with no exceptions. According to the American Institute of CPAs (AICPA), the organization that created the audit, SOC 2's purpose is to assess the 'controls at a service organization relevant to security, availability, processing integrity confidentiality, or privacy.'

Jennifer Terra Joins Wholesale Trading Co-Op in New York

SAN FRANCISCO, Calif., Aug. 4, 2014 (SEND2PRESS NEWSWIRE) -- Wholesale Trading Co-Op Insurance Services, LLC (WTCI) announced today that casualty brokerage veteran Jennifer Terra has joined the firm as Vice President/Casualty Broker.

NHL Franchise Carolina Hurricanes Select Massey Consulting to Implement Intacct Financial Accounting

RALEIGH, N.C., July 29, 2014 (SEND2PRESS NEWSWIRE) -- Massey Consulting has been selected by the Carolina Hurricanes to implement cloud-based Intacct Financial Accounting, the company announced today. The Carolina Hurricanes will use Intacct to track the financials of the franchise, each home game, as well as other entertainment events held at PNC Arena.

ReverseVision Offers Free Online Course on HUD Mortgagee Letter Changes through RV University (RVU)

SAN DIEGO, Calif., July 23, 2014 (SEND2PRESS NEWSWIRE) -- ReverseVision, Inc., the leading provider of business solutions for the reverse mortgage industry is offering a free on-line class focused on changes announced by HUD in recent Mortgagee Letters 2014-07 and 2014-12 through its ReverseVision University (RVU).

CCMC Announces New Chief Financial Officer

ALTAMONTE SPRINGS, Fla., July 23, 2014 (SEND2PRESS NEWSWIRE) -- CCMC, the leading provider of financial technology integration solutions, announced the appointment of Matthew Borg as Chief Financial Officer. He will report to President and Chief Executive Officer Gene Lederer.

New Discovery Opens the Door to Possible Cure for Heart Disease

HUNTINGTON BEACH, Calif., July 21, 2014 (SEND2PRESS NEWSWIRE) -- Larry Weisenthal, M.D., Ph.D., today announced new findings that unravel mysteries about the root cause of atherosclerosis - the narrowing of blood vessels that leads to heart attack and stroke. It is a big step toward developing drugs, possibly in the very near future, that prevent the most common forms of heart disease.

EPIC Purchases Jenkins Insurance Services

SAN FRANCISCO, Calif., July 21, 2014 (SEN2PRESS NEWSWIRE) -- The shareholders of Jenkins Insurance Services (Jenkins), a Leavitt Group agency, have sold 100 percent of their shares in Jenkins to EPIC (Edgewood Partners Insurance Center). The transaction, which closed on July 17, was retroactively effective July 1. Jenkins, with California offices in Concord, Sacramento, San Jose, Orange County, and in Reno, Nevada, employs 160 and has approximately $34 million of annual revenue.

Andrea Levin joins EPIC as a Vice President in Petaluma

PETALUMA, Calif., July 14, 2014 (SEND2PRESS NEWSWIRE) -- EPIC (Edgewood Partners Insurance Center), a retail property, casualty and employee benefits insurance broker/consultant, announced today the addition of Andrea Levin as a vice president in their Petaluma office. Levin brings 24 years of experience in the development and management of property and casualty insurance and risk management programs, working with a wide range of business and industry and specializing in financial institutions.

OpenClose LOS Establishes Secondary Marketing Transparency and Control Across all Lending Channels

WEST PALM BEACH, Fla., July 11, 2014 (SEND2PRESS NEWSWIRE) -- OpenClose, an enterprise-class end-to-end loan origination system (LOS) provider, announced that lenders are successfully using the secondary marketing component of its LOS, LenderAssist(TM), to deliver greater insight and control for secondary marketing departments.

LTC Global Marketing and LTC Financial Partners Merge to Form Large One-Stop Shop for Long Term Care and Medicare Insurance Solutions

KIRKLAND, Wash., July 2, 2014 (SEND2PRESS NEWSWIRE) -- Today LTC Financial Partners, LLC and LTC Global Marketing Inc. announced the completion of the merger of the two companies into one of America's largest distributors of senior market insurance products. Industry veteran Denise Gott, formerly Executive Vice President of LTC Financial, will serve as Chief Executive Officer of the new combined entity.

Southern New Hampshire University Selects Regent Education’s Financial Aid Management Solution, Regent 8

MANCHESTER, N.H., June 30, 2014 (SEND2PRESS NEWSWIRE) -- Southern New Hampshire University (SNHU) has selected Regent Education's financial aid management system -- Regent 8 -- to support financial aid processes for all their students and programs including their industry-leading online programs and their new and cutting edge Competency Based Education program known as College for America (CFA).

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