Tag: Banking and Finance

SALT LAKE CITY, Utah, March 20, 2015 (SEND2PRESS NEWSWIRE) -- Mortgage document preparation vendor International Document Services, Inc. (IDS), announced 2014 as a record year, generating the most initial disclosure docs in a single year in the company's history. In addition, IDS set a company record in January 2015 for the most amount of initial disclosures generated in a single month. Total initial disclosure volume for the company in 2014 increased 13.6 percent over 2013.

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.

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.

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).

TORRANCE, Calif., March 17, 2015 (SEND2PRESS NEWSWIRE) -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions, announced that HousingWire magazine designated the company to its 2015 HW TECH100(TM) list. The list honors the 100 most innovative technology companies serving the U.S. mortgage finance and real estate industries.

SAN DIEGO, Calif., March 6, 2015 (SEND2PRESS NEWSWIRE) -- ReverseVision, the leading software and technology provider for the reverse mortgage industry, has released an update to their RV Exchange LOS that includes all Financial Assessment critical screens and calculations. This release was targeted to meet the Department of Housing and Urban Development's (HUD's) original Financial Assessment (FA) implementation date of March 2.

TROY, Mich., Feb. 26, 2015 (SEND2PRESS NEWSWIRE) -- United Wholesale Mortgage (UWM), one of the nation's largest and fastest growing wholesale lenders, announced that it has significantly enhanced its loan tracking technology called UTrack, which was redesigned specifically to allow borrowers and real estate agents to have real-time access to track their purchase and refinance loans.

ADDISON, Texas, Feb. 24, 2015 (SEND2PRESS NEWSWIRE) -- Mid America Mortgage, Inc. (Mid America) announced it has hired financial compliance expert Joanna Shelton as the company's next compliance manager. In addition, Shelton will oversee compliance for Mid America's sister company Mortgage Machine Service and its flagship loan origination system (LOS) Mortgage Machine. Shelton brings more than 19 years of compliance expertise to Mid America.

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.

FOOTHILL RANCH, Calif., Feb. 19, 2015 (SEND2PRESS NEWSWIRE) -- Quandis, Inc., a leading provider of default servicing software, announced that it launched Quandis Loan Servicing (QLS), an end-to-end default management platform that automates and compliantly manages the default process from start to finish. QLS is offered as an all-in-one system and also as modules so various components can be leveraged by servicers based on individual needs.

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.

DALLAS, Texas, Feb. 18, 2015 (SEND2PRESS NEWSWIRE) -- MorVest Capital, a specialized investment firm focused on providing strategic capital and analytics solutions to the mortgage banking and residential finance industry, is drawing mortgage servicers' attention to the impact two recent changes will have on mortgage servicing rights fair value for FHA loans.

TORRANCE, Calif., Feb. 17, 2015 (SEND2PRESS NEWSWIRE) -- DocMagic, Inc., the leading provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions for the mortgage industry, announced that the firm has now completed its integration with the MERS(R) eRegistry, making it one of only a few industry vendors to integrate with the widely used system.

SAN DIEGO, Calif., Feb. 12, 2015 (SEND2PRESS NEWSWIRE) -- ReverseVision, the leading software and technology provider for the reverse mortgage industry, announced seasoned sales/marketing executive Wendy Peel has joined the company as its vice president of sales and marketing. In this position, Wendy will be responsible for managing the ReverseVision brand, working with product development on system enhancements and broadening ReverseVision brand awareness among forward lenders and financial planners.

TORRANCE, Calif., Feb. 11, 2015 (SEND2PRESS NEWSWIRE) -- DocMagic, Inc., the mortgage industry's leader in compliant loan document preparation and driver of complete eMortgage adoption, announced that its entire solution set now adheres to version 3.3 of the Mortgage Industry Standards Maintenance Organization (MISMO) Reference Model.

SALT LAKE CITY, Utah, Feb. 10, 2015 (SEND2PRESS NEWSWIRE) -- Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it has promoted former Executive Vice President Mark Mackey to chief executive officer.

SANTA ANA, Calif., Feb. 9, 2015 (SEND2PRESS NEWSWIRE) -- Veros Real Estate Solutions (Veros), an award-winning industry leader in enterprise risk management, collateral valuation services and predictive analytics, is pleased to announce that president and CEO Darius Bozorgi will be a panelist at the 2015 ABS Vegas conference, the largest capital markets conference in the world.

SAN DIEGO, Calif., Feb. 9, 2015 (SEND2PRESS NEWSWIRE) -- Bank of Southern California (OTCQB:FBBN / OTCMKTS:FBBN) (the 'Bank') announced today that it completed a private placement of approximately $7.2 million of its common stock, positioning the Company to grow its Southern California Franchise.

POMPANO BEACH, Fla., Feb. 4, 2015 (SEND2PRESS NEWSWIRE) -- ARMCO - ACES Risk Management, a leading provider of web-based quality control software for the financial services industry, announced it has enhanced the reporting capabilities of ACES Web Audit Technology(TM) through an innovative integration with Tableau Software, a global leader in rapid-fire, easy-to-use business analytics software.

SAN DIEGO, Calif., Jan. 29, 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 that its COO, Phil Rasori, was named one of the Top 40 Most Influential Mortgage Professionals Under 40 by National Mortgage Professional magazine. Rasori earned a spot on the list largely for his lead role in architecting and launching MCTlive!(TM).