Finance

The Mortgage Collaborative Adds Rich Swerbinsky, Nancee Mueller to Management Team

SAN DIEGO, Calif., April 10, 2015 (SEND2PRESS NEWSWIRE) -- The Mortgage Collaborative, an independent lending cooperative serving small and mid-sized mortgage lenders and community-based lending institutions, has deepened its senior executive team with the addition of two new hires, announced the Collaborative's Chairman, John Robbins, CMB.

United Wholesale Mortgage Launches Elite Client Service Team

TROY, Mich., April 2, 2015 (SEND2PRESS NEWSWIRE) -- United Wholesale Mortgage (UWM), one of the nation's largest and fastest growing wholesale lenders, announced that it launched Pronto, an expert help desk for its partners that gets any and all loan questions answered fast and efficiently.

Adam Rieke Joins Mid America Mortgage as Director of National TPO Lending

ADDISON, Texas, April 2, 2015 (SEND2PRESS NEWSWIRE) -- Mid America Mortgage, Inc. (Mid America) owner and Chief Executive Officer Jeff Bode announced Adam Rieke has joined the organization as director of national TPO lending. Rieke brings an extensive track record of success in the mortgage lending arena. Over the last 23 years, he has built and managed several highly profitable wholesale lending operations.

California Ferret Enthusiasts Launch Crowdfunding Campaign for Ballot Initiative on National Ferret Day

LA MESA, Calif., April 1, 2015 (SEND2PRESS NEWSWIRE) -- Tired of working and waiting for ferret legalization, which never comes despite thirty years of efforts - LegalizeFerrets.org is planning a ballot initiative to free our domestic ferrets from unnecessary and unfair regulation. April 2 is National Ferret Day in the USA and California ferret lovers are using the occasion to launch a crowdfunding campaign on Indiegogo.

Protector Holdings Acquires Oasis South Insurance Services

SAN FRANCISCO, Calif., March, 31, 2015 (SEND2PRESS NEWSWIRE) -- Protector Holdings, a joint venture of EPIC (Edgewood Partners Insurance Center) and Dowling Capital Partners, announced today the acquisition of Oasis South Insurance Services.

Emilio N. Francisco, PDC CEO, Announces Acquisition of EB-5 Regional Center

COSTA MESA, Calif., March 27, 2015 (SEND2PRESS NEWSWIRE) -- Emilio N. Francisco, Chairman and Chief Executive Officer of private equity firm PDC Capital Group, announced the acquisition of ZGlobal Southern California EB-5 Investment Regional Center.

Emilio N. Francisco, PDC CEO, Announces Greater Scrutiny of EB-5 Investors

COSTA MESA, Calif., March 20, 2015 (SEND2PRESS NEWSWIRE) -- Emilio N. Francisco, Chairman and Chief Executive Officer of private equity firm PDC Capital Group, announces a company-wide effort to increase scrutiny of potential investors it recruits for EB-5-funded projects.

ReverseVision Named to HousingWire’s HW TECH100

SAN DIEGO, Calif., March 19, 2015 (SEND2PRESS NEWSWIRE) -- ReverseVision, the leading software and technology provider for the reverse mortgage industry, announced it has been included in the 2015 edition of HousingWire's HW TECH100(TM) list.

OpenClose Again Selected by HousingWire as a Top 100 Most Innovative Technology Company

WEST PALM BEACH, Fla., March 19, 2015 (SEND2PRESS NEWSWIRE) -- OpenClose, an enterprise-class end-to-end loan origination system (LOS) provider, announced that it has been named to HousingWire magazine's second annual HWTECH 100(TM) list for 2015. HW TECH100 honors the 100 most innovative technology companies serving the U.S. mortgage finance and real estate industries.

United Wholesale Mortgage Adds New ARM Product to its Exclusive Elite Program

TROY, Mich., March 18, 2015 (SEND2PRESS NEWSWIRE) -- United Wholesale Mortgage (UWM), one of the nation's largest and fastest growing wholesale lenders, announced today the release of Elite ARM, a new loan product that has been added to its Elite and Elite High Balance program.

Brokers Gaining Market Share Again: 2015 is the Beginning of Broker Resurgence

TROY, Mich., March 17, 2015 (SEND2PRESS NEWSWIRE) -- United Wholesale Mortgage (UWM), one of the nation's largest and fastest growing wholesale lenders, announced that its president and CEO, Mat Ishbia, will be speaking on a webinar regarding brokers gaining market share in 2015. The webinar will be held March 18, 2015 from 11 a.m. - 12 p.m. PDT (2 - 3 p.m. EDT).

Emilio N. Francisco, PDC Capital Group CEO, Announces Priority Hiring for Military Veterans

COSTA MESA, Calif., March 10, 2015 (SEND2PRESS NEWSWIRE) -- Emilio N. Francisco, Chairman and Chief Executive Officer of private equity firm PDC Capital Group, announced that PDC will give priority to military veterans when recruiting new hires to one of its companies.

DocMagic Secures Exclusive Agreement with World Wide Notary, Inc. to Leverage eNotarization Technology for eClosings

TORRANCE, Calif., March 10, 2015 (SEND2PRESS NEWSWIRE) -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions, announced today that it formed an exclusive strategic alliance with World Wide Notary, Inc. (WWN), a pioneering developer of electronic notarization services. The partnership integrates WWN's patent pending DigaSign eNotary technology into DocMagic's eServices platform to deliver a fully paperless eClosing solution.

HousingWire Magazine Designates Global DMS to its TECH100 List for the Second Year

LANSDALE, Pa., March 10, 2015 (SEND2PRESS NEWSWIRE) -- Global DMS, a leading provider of web-based compliant valuation management software, announced that HousingWire magazine again named the company to its 2015 HW TECH100(TM) list. The list was officially introduced in 2014 and each year seeks to recognize the 100 most innovative technology firms in the U.S. housing economy.

Worldwide Telecommunications Industry Revenue to hit $2.4 Trillion in 2020, says Insight Research

DURANGO, Colo., March 10, 2015 (SEND2PRESS NEWSWIRE) -- Insight Research projects that telecommunications services revenue worldwide will grow from $2.2 trillion in 2015 to $2.4 trillion in 2019. Insight's newly-released market analysis report, 'The 2015 Telecommunications Industry Review: An Anthology of Market Facts and Forecasts' includes regional and service forecasts, assessment of key growth drivers, analysis of industry trends, network infrastructure and access technologies, future services, OSS/BSS and capex spending, and enterprise telecom markets.

Veros Selected as HousingWire’s HW Tech100 ‘Market Influence’ Category Winner 2015

SANTA ANA, Calif., March 6, 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 it has been named the winner of the 'Market Influence' category in the 2015 edition of HousingWire's HW TECH100(TM) list.

ReverseVision on Track for Financial Assessment Changes Despite HUD Delay

SAN DIEGO, Calif., Feb. 24, 2015 (SEND2PRESS NEWSWIRE) -- John Button, president and CEO of leading reverse mortgage software and technology provider ReverseVision, says the Department of Housing and Urban Development's (HUD) decision to delay implementation of its Financial Assessment (FA) rules provides a better opportunity for lenders to get the required technology changes including: ReverseVision's, HUD's and other systems implemented into their processes before using these tools in their day-to-day workflow.

OpenClose Adds Industry Veteran Will Foy to its Growing Team of Technical Staff (*CORRECTED*)

WEST PALM BEACH, Fla., Feb. 24, 2015 (SEND2PRESS NEWSWIRE) -- OpenClose, an enterprise-class end-to-end loan origination system (LOS) provider, announced that it hired Will Foy as integration manager. In this role, he will be responsible for client integrations, project management, quality assurance and testing, the application of agile technology methods, and business analysis and solution crafting. (*CORRECTED*)

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.

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.

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