Tag: Banking and Finance
United Wholesale Mortgage Launches Interest-Only Financing for Homeowners
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.
Mortgage Market Index Enhanced with OpenClose Data
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.
DocMagic Adds Loan Industry Veteran Edward Komski to Help Drive Enterprise Software Sales
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.
OpenClose Adds Patrick Mancier to its Software Development Team
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.
ReverseVision Adds Credit Report Integration to Reverse Mortgage LOS Platform
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.
DocMagic Officially Kicks Off Client Testing of its SmartCLOSE Collaborative Closing Portal for TRID Compliance
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).
DocMagic Will Be Fully TRID Compliant by Aug. 1, Regardless of When the New Rule Actually Takes Effect
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.
Sheryl McLamb joins EPIC’s Private Client Group in Sacramento
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.
Mid America Mortgage Hires David Tracy as National Underwriting Manager
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.
ShortSave Adds Mortgage Servicer Dashboard Tools, Borrower Document Fulfillment/eSignatures
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.
IDS Hits Four of Five TRID Development Milestones
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.
Mortgage Bankers Association of Arkansas Installation of 2015-2016 Board of Directors
MEMPHIS, Tenn., May 18, 2015 (SEND2PRESS NEWSWIRE) -- The Mortgage Bankers Association of Arkansas (MBAA) held its installation of new officers and board members during the 3rd Annual Tri-State MBA Conference. The Conference involved mortgage professionals from Arkansas, Mississippi Tennessee and was held May 4 - 6 at the Cook Convention Center.
The Mortgage Collaborative Enters Partnership with Fannie Mae to Support Small, Mid-Sized Mortgage Originators
SAN DIEGO, Calif., May 18, 2015 (SEND2PRESS NEWSWIRE) -- Today The Mortgage Collaborative (TMC), an independent lending cooperative serving small and mid-sized mortgage lenders and community-based lending institutions, and Fannie Mae agreed upon enhancements to the benefits offered to TMC members that were announced earlier in the year through a strategic partnership agreement.
IDS, Pavaso Partner to Create End-to-End Digital Mortgage Closing Environment
SALT LAKE CITY, Utah and PLANO, Texas, May 18, 2015 (SEND2PRESS NEWSWIRE) -- Mortgage document preparation vendor International Document Services, Inc. (IDS) and Pavaso, a provider of innovative real estate technology, announced the two firms have entered into a partnership. Through this alliance, the two firms will develop an integration between Pavaso's Digital Close(TM) electronic closing platform and IDS's flagship doc prep system idsDoc.
OpenClose Releases Version 4.0 of its OC Optics Web-based Enterprise Analytics and Reporting Module
WEST PALM BEACH, Fla., May 14, 2015 (SEND2PRESS NEWSWIRE) -- OpenClose, an enterprise-class, multi-channel end-to-end loan origination system (LOS) provider, announced that it has released version 4.0 of OC Optics(TM), a web-based analytics and reporting system that integrates tightly with its LenderAssist(TM) LOS platform. The enhancements provide clients with more control, added functionality, and robust editing and configuration tools that effectively customizes data analysis and reporting outputs.
Major eSigning Milestone Achieved: DocMagic Surpasses 100 Million eSignature Transactions for the Mortgage Industry
TORRANCE, Calif., May 11, 2015 (SEND2PRESS NEWSWIRE) -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions, announced today that its eSign platforms have now processed more than 100 million mortgage-related eSignature transactions.
Healthcare Insights to Present Session on Costing Solutions at 2015 International MUSE Conference in Nashville
LIBERTYVILLE, Ill., May 8, 2015 (SEND2PRESS NEWSWIRE) -- Healthcare Insights, LLC (HCI), a leader in providing financial management software and services to hospitals and health systems nationwide, will be presenting its solutions for reducing healthcare costs and improving patient care during the annual International MUSE Conference in Nashville later this month.
DocMagic Releases New TRID Functionality to its Entire Client Base and All LOS Vendors
TORRANCE, Calif., May 7, 2015 (SEND2PRESS NEWSWIRE) -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions, announced that it has completed all required TILA-RESPA Integrated Disclosure rule (TRID) software development and testing, and the new TRID enhancements have been officially released into DocMagic's production environment.
Industry Veteran Ken Ellis Joins OpenClose Sales Team
WEST PALM BEACH, Fla., April 16, 2015 (SEND2PRESS NEWSWIRE) -- OpenClose, an enterprise-class end-to-end loan origination system (LOS) provider, announced that industry veteran Ken Ellis has been hired as director of business development. Ellis will be responsible for selling the company's multi-channel LenderAssist(TM) LOS platform to lenders, banks and credit unions.
EPIC adds Christopher R. Mitchell as Senior Vice President Sales
SAN FRANCISCO, Calif., April 14, 2015 (SEND2PRESS NEWSWIRE) -- EPIC (Edgewood Partners Insurance Center), a retail property, casualty insurance brokerage and employee benefits consultant, announced today that Christopher R. (Chris) Mitchell has joined the firm as senior vice president of sales in the firm's Northern California Bay Area Property and Casualty Insurance Division.

























