Tag: Banking and Finance

AUSTIN, Texas, May 15, 2014 (SEND2PRESS NEWSWIRE) -- FirstClose, an Austin, Texas-based mortgage technology service provider, announced today the expansion of its Portfolio Review Service for current home values, liens and encumbrances. Lenders can now access a detailed asset valuation that meets compliance requirements, but also exceeds expectations with a summary of the featured properties' transactional histories.

SAN DIEGO, Calif., May 14, 2014 (SEND2PRESS NEWSWIRE) -- MCT Trading, Inc. (MCT), a recognized leader in mortgage pipeline hedging, loan sale execution, and risk management services, announced the formal launch of MCTlive(TM), a secondary marketing technology platform designed for capital markets trading and pipeline management. MCTlive provides lenders with a browser-based software solution, robust online tools and real-time analytics for secondary marketing departments.

CARLSBAD, Calif., May 5, 2014 (SEND2PRESS NEWSWIRE) -- To meet lenders' growing demand for compliance assistance, leading mortgage compliance services provider The Compliance Group, Inc. (TCG) announced it offers a comprehensive suite of audit and monthly outsourced compliance services, encompassing both federal and state-level audits as well as a host of other compliance-related reviews and content development.

SALT LAKE CITY, Utah, May 1, 2014 (SEND2PRESS NEWSWIRE) -- Mortgage document preparation vendor International Document Services, Inc. (IDS) announced more than half (51.6 percent) of all document packages it processed in 2013 were signed electronically. In addition, following the IRS's approval of electronically signed 4506-T documents in late 2012, 18.5 percent of all 4506-T documents processed by IDS were E-signed in 2013.

LANSDALE, Pa., April 1, 2014 (SEND2PRESS NEWSWIRE) -- Global DMS, a leading provider of Web-based compliant valuation management software, announced that its eTrac Enterprise platform has been integrated with the CoreLogic(R) ChannelMaster(R) Enterprise Lending Solution (ELS). The integration allows ChannelMaster users to compliantly order and process appraisals, attain real-time status updates, establish transparency and control, and return completed appraisal files directly from the ChannelMaster platform.

SAN DIEGO, Calif., March 25, 2014 (SEND2PRESS NEWSWIRE) -- MCT Trading, Inc. (MCT), a recognized leader in mortgage pipeline hedging and risk management services, announced that it added four newly created positions in order to provide unsurpassed service levels of sales support and guidance to lenders.

SAN DIEGO, Calif., March 19, 2014 (SEND2PRESS NEWSWIRE) -- ReverseVision, Inc. today announced an agreement to add CoesterVMS's appraisal services to RV Exchange - ReverseVision's Reverse Loan Origination System (RLOS) platform.

SALT LAKE CITY, Utah, March 19, 2014 (SEND2PRESS NEWSWIRE) -- Mortgage document preparation vendor International Document Services, Inc. (IDS) and MortgageFlex Systems, an established technology provider of mortgage loan software, announced the development of a joint 'lights out' interface between IDS's flagship mortgage document preparation system idsDoc and MortgageFlex's LoanQuest loan origination system (LOS).

LOS ANGELES, Calif., March 18, 2014 (SEND2PRESS NEWSWIRE) -- OpenClose, an enterprise-class end-to-end loan origination system (LOS) provider, announced at the MBA's National Technology Conference that Florida-based Sabadell United Bank, N.A. has realized superior results along with supporting metrics since implementing its multi-channel lending automation platform.

SALT LAKE CITY, Utah, March 18, 2014 (SEND2PRESS NEWSWIRE) -- Mortgage document preparation vendor International Document Services, Inc. (IDS) announced it has realigned its sales territories to provide more specialized and focused service to clients and prospects.

SAN DIEGO, Calif., March 11, 2014 (SEND2PRESS NEWSWIRE) -- ReverseVision, Inc. is pleased to announce that 360 Mortgage Group LLC (360 Mortgage Group), a privately-owned mortgage banker with a primary focus on third-party origination, has joined the growing ranks of reverse mortgage lenders and will be using ReverseVision's reverse loan origination system, RV Exchange.

PALM BEACH, Fla., March 11, 2014 (SEND2PRESS NEWSWIRE) -- OpenClose, an enterprise-class end-to-end loan origination system (LOS) provider, announced that it has been named to HousingWire magazine's new HWTECH 100(TM) list. OpenClose is among twenty three companies recognized in the lending category of the Top 100 Innovative Technology Vendors list.

SAN DIEGO, Calif., March 6, 2014 (SEND2PRESS NEWSWIRE) -- ReverseVision, the leading software and technology provider for the reverse mortgage industry, is pleased to announce that industry expert Mark Johnson has joined our team in the role of Customer Service Manager. Johnson, who brings more than twenty years of reverse mortgage expertise, replaces Joseph Rinner who has moved into the role of Product Manager.

LANSDALE, Pa., March 6, 2014 (SEND2PRESS NEWSWIRE) -- Global DMS, the leading provider of Web-based compliant valuation management software, announced that HousingWire magazine designated the company to its new HW TECH100(TM) list. The list honors the 100 most innovative technology firms in the U.S. housing economy. Global DMS is one of only six companies to be recognized in the valuations category.

SALT LAKE CITY, Utah, Feb. 26, 2014 (SEND2PRESS NEWSWIRE) -- Mortgage document preparation vendor International Document Services, Inc. (IDS) announced its flagship doc prep system idsDoc is fully capable of supporting electronic signatures for Federal Housing Administration (FHA) documents. The FHA announced on Jan. 30 that it would accept e-signatures on documents associated with FHA-insured loans.

SAN DIEGO, Calif., Feb. 25, 2014 (SEND2PRESS NEWSWIRE) -- MCT Trading, Inc. (MCT), a recognized leader in mortgage pipeline hedging and risk management services, announced that its COO, Phil Rasori, will share his insight on an upcoming panel assembled by the Community Mortgage Lenders of America (CMLA), which is designed to address legislative issues and trending that will impact mortgage lending in 2014.

LANSDALE, Pa., Feb. 25, 2014 (SEND2PRESS NEWSWIRE) -- Global DMS, the leading provider of Web-based compliant valuation management software, announced that Forsythe Appraisals, LLC, the largest independent provider of residential real estate appraisals in the United States, is leveraging the eTrac Enterprise platform to manage appraisal ordering, tracking and review for all of its branch offices covering 40 major metropolitan areas across the country.

PALM BEACH, Fla., Feb. 14, 2014 (SEND2PRESS NEWSWIRE) -- OpenClose, an enterprise-class end-to-end loan origination system (LOS) provider, today announced that is has implemented the functionality necessary for lenders to adhere to the Consumer Financial Protection Bureau's (CFPB) new Qualified Mortgage (QM) and Ability-to-Replay (ATR) rules. The company's client base is successfully processing QM loans.

SAN DIEGO, Calif., Feb. 5, 2014 (SEND2PRESS NEWSWIRE) -- MCT Trading, Inc. (MCT), a recognized leader in mortgage pipeline hedging and risk management services, today announced that its COO, Phil Rasori, is scheduled to present at the 11th Annual Eastern Secondary Market Conference.

DENVER, Colo., Feb. 4, 2014 (SEND2PRESS NEWSWIRE) -- Mortgage fulfillment outsource services expert Titan Lenders Corp. (Titan) announced it has been selected by nationwide distressed asset firm Halo Companies, Inc. (OTCQB: HALN), to retain custody of documents and collateral related to distressed asset purchases for its clients.