Tag: Banking and Finance

SAN DIEGO, Calif., Aug. 20, 2015 (SEND2PRESS NEWSWIRE) -- The Mortgage Collaborative, an independent lending cooperative serving small- to mid-sized mortgage lenders and community-based lending institutions, has implemented several changes to the Board of Directors of the Cooperative as well as the Board of Directors of the Management Company, announced the Collaborative's Chairman, John Robbins, CMB.

POMPANO BEACH, Fla., Aug. 19, 2015 (SEND2PRESS NEWSWIRE) -- Leading web-based financial services quality control software provider ACES Risk Management (ARMCO) announced two of its top executives will participate in panels at the Mortgage Bankers Association's (MBA) Risk Management, QA and Fraud Prevention Forum 2015, Sept. 9-11 in Dallas.

TORRANCE, Calif., Aug. 13, 2015 (SEND2PRESS NEWSWIRE) -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions, announced that after extensive testing by lenders, settlement providers and other relevant parties, SmartCLOSE(TM) has been honed to perfection and been moved to a secure cloud-based production environment for its official release date of Aug. 15, 2015.

POMPANO BEACH, Fla., Aug. 12, 2015 (SEND2PRESS NEWSWIRE) -- Phil McCall, COO of leading web-based financial services quality control software provider ACES Risk Management (ARMCO), advises mortgage lenders to develop unique quality control audits for each of the niche mortgage lending products they may offer, including jumbo, USDA, VA and HECM/reverse.

SAN DIEGO, Calif., Aug. 7, 2015 (SEND2PRESS NEWSWIRE) -- MCT Trading, Inc. (MCT), a recognized industry leader in mortgage risk management providing pipeline hedging, best-execution loan sales and centralized lock desk services, announced Ben Coll joined the company's capital markets team. He becomes employee number 65 as MCT continues to expand its client base and staff of secondary marketing professionals.

ADDISON, Texas, Aug. 3, 2015 (SEND2PRESS NEWSWIRE) -- Mid America Mortgage, Inc. (Mid America) owner and Chief Executive Officer Jeff Bode announced Chris Hartman has been promoted to sales manager of wholesale and correspondent operations. Hartman brings nearly two decades of mortgage sales experience to this new role, where he'll be responsible for overseeing sales efforts across Mid America's wholesale and correspondent lending division.

CHESTER, Conn., Aug. 3, 2015 (SEND2PRESS NEWSWIRE) -- Greenwald Industries is the designer and developer of FlashCash, a laundry payment technology that is currently the leading contactless laundry payment technology in Europe. Installed in thousands of machines, FlashCash use is growing by leaps and bounds.

LANSDALE, Pa., July 31, 2015 (SEND2PRESS NEWSWIRE) -- Global DMS, a leading provider of web-based compliant valuation management software, announced that Jody Collup, its vice president of marketing, has been designated to the MReport's 2015 Leading Ladies in Mortgage and Housing list.

SANTA ANA, Calif., July 21, 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 its web-based, residential collateral valuation management platform, Sapphire, is ready to provide lenders with a direct connection to FHA's Electronic Appraisal Delivery (EAD) portal.

TROY, Mich., July 20, 2015 (SEND2PRESS NEWSWIRE) -- United Wholesale Mortgage (UWM), one of the nation's largest and fastest-growing wholesale lenders, has announced an interest-only financing program available to qualified borrowers who utilize UWM's extensive broker network for their mortgage needs.

WEST PALM BEACH, Fla. and DALLAS, Texas, July 15, 2015 (SEND2PRESS NEWSWIRE) -- OpenClose(R), an enterprise-class, multi-channel, end-to-end loan origination system (LOS) provider, announced that it is now delivering weekly data for the U.S. Mortgage Market Index, an indicator of upcoming mortgage originations that is published by Mortgage Daily, a leading online news and data source for the mortgage industry.

TORRANCE, Calif., June 30, 2015 (SEND2PRESS NEWSWIRE) -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions, is pleased to announce the hiring of Mr. Edward Komski who will assume the role of national sales manager. In this capacity, he will be responsible for introducing DocMagic's entire suite of software solutions to large, enterprise-level lending organizations.

WEST PALM BEACH, Fla., June 30, 2015 (SEND2PRESS NEWSWIRE) -- OpenClose(R), an enterprise-class, multi-channel, end-to-end loan origination system (LOS) provider, announced that it hired Patrick Mancier as senior software developer.

SAN DIEGO, Calif., June 24, 2015 (SEND2PRESS NEWSWIRE) -- ReverseVision, Inc. today announced it has added automated credit reporting capabilities to RV Exchange (RVX), ReverseVision's flagship reverse loan origination system (RLOS) platform. Through this integration, reverse mortgage lenders are able to automatically import a borrower's credit information directly into RVX's Financial Assessment (FA) module.

TORRANCE, Calif., June 24, 2015 (SEND2PRESS NEWSWIRE) -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions, announced today that a group of clients have begun to test the features and functionality available within its new Collaborative Closing Portal, SmartCLOSE(TM).

TORRANCE, Calif., June 19, 2015 (SEND2PRESS NEWSWIRE) -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions, announced that the CFPB's proposed delay will have no bearing on its plans to be ready to meet the CFPB's originally planned Aug. 1 due date to implement the TILA-RESPA Integrated Disclosure (TRID) rule.

SAN FRANCISCO, Calif., June 11, 2015 (SEND2PRESS NEWSWIRE) -- EPIC (Edgewood Partners Insurance Center), a retail property, casualty and employee benefits insurance brokerage and consultant, announces that Sheryl McLamb has joined as an Account Manager in EPIC's Private Client Group. McLamb will be based in Sacramento as EPIC expands its private client services.

ADDISON, Texas, June 2, 2015 (SEND2PRESS NEWSWIRE) -- Mid America Mortgage, Inc. (Mid America) owner and Chief Executive Officer Jeff Bode announced the lender has hired former Fannie Mae underwriting consultant David Tracy as National Underwriting Manager. A 20+-year residential and commercial mortgage veteran, Tracy will be responsible for revitalizing Mid America's underwriting operations nationwide.

MONUMENT, Colo., June 2, 2015 (SEND2PRESS NEWSWIRE) -- ShortSave, Inc., the provider of an award-winning borrower-facing mortgage default servicing system, announced it has made several upgrades to its platform to improve analytics and compliance tracking for servicers, as well as enhancements to the borrower experience.

SALT LAKE CITY, Utah, May 19, 2015 (SEND2PRESS NEWSWIRE) -- Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it is on schedule and has achieved four of its five major development milestones for the TILA/RESPA Integrated Disclosures (TRID) implementation. The final development milestone for IDS is to update the Escrow and Imports sections of idsDoc, after which users will be able to test and review the documents.