Tag: Banking and Finance
Truebridge Announces Cybersecurity Content Update
BOSTON, Mass., Jan. 20, 2015 (SEND2PRESS NEWSWIRE) -- Truebridge, a content marketing company serving the financial industry, is excited to announce the newest update to its Content Marketing System.
AMA Acquisitions is seeking to buy operating companies with annual revenues between 1M to 10M
NEW YORK, N.Y., Jan. 13, 2015 (SEND2PRESS NEWSWIRE) -- AMA Acquisitions is a private equity firm in New York State that has a credit facility in place to make acquisitions of companies in manufacturing, distributing and other major industries through debt and equity financing.
Titan Lenders Corp. Closes General Fulfillment Division, Exiting Retail Support in Favor of Investors
DENVER, Colo., Dec. 30, 2014 (SEND2PRESS NEWSWIRE) -- Mortgage fulfillment outsource services expert Titan Lenders Corp. (Titan) announced it will exit its retail general fulfillment service offering, which includes contract underwriting, closing, funding and post-closing for retail mortgage lenders, effective Jan. 31.
North Capital Investment Technology Launches TransactAPI 2.0
SALT LAKE CITY, Utah, Dec. 12, 2014 (SEND2PRESS NEWSWIRE) -- North Capital Investment Technology has released TransactAPI 2.0, the first comprehensive transaction platform for funding portals, broker-dealers and private issuers.
Pacific Union Financial Signs with OpenClose to Automate its Wholesale Lending Channel
WEST PALM BEACH, Fla., Dec. 9, 2014 (SEND2PRESS NEWSWIRE) -- OpenClose, an enterprise-class end-to-end loan origination system (LOS) provider, announced that Pacific Union Financial, LLC signed with the company to implement its multi-channel, 100 percent browser-based LOS platform, LenderAssist(TM). The comprehensive solution will automate Pacific Union Financial's wholesale lending functions from start to finish and establish complete data control and visibility over processes.
Mid America Mortgage to Integrate Affinity Lending Solutions
ADDISON, Texas, Dec. 3, 2014 (SEND2PRESS NEWSWIRE) -- Mid America Mortgage, Inc. (Mid America) owner and Chief Executive Officer Jeff Bode, and Houston-based Affinity Lending Solutions, LLC (Affinity), president and Chief Executive Officer Scott R. Valby, today announced their intention to integrate Affinity's production operations and branch network into Mid America's mortgage platform.
Quandis Responds to White House Request to Partner with Banks and Servicers for New Military Personnel Program
FOOTHILL RANCH, Calif., Dec. 2, 2014 (SEND2PRESS NEWSWIRE) -- Quandis, Inc., a leading provider of mortgage servicing software, announced that it rolled out a website to help address President Obama's New Executive Actions to assist service members, veterans and their families.
ShortSave, Inc. Distressed Mortgage Work Out Solution Wins 2014 Servicing Trailblazer Award
MONUMENT, Colo., Nov. 25, 2014 (SEND2PRESS NEWSWIRE) -- ShortSave, Inc., a mortgage industry technology innovator that helps distressed borrowers work out their loans with their lenders in a matter of days, was awarded the coveted Servicing Trailblazer Award at the 15th Annual Mortgage Technology Awards Ceremony on October 19 in Las Vegas.
MorVest Capital Completes New Mortgage Servicing Rights (MSR) Credit Facility, Adding to its Market Leading Total
DALLAS, Texas, Nov. 19, 2014 (SEND2PRESS NEWSWIRE) -- MorVest Capital, in concert with its funding partner Customers Bank (NASDAQ: CUBI), today announced that this week it has closed another mortgage servicing rights (MSR) credit facility for a Virginia company, adding to its growing tally. MorVest Capital, LLC is a boutique investment firm primarily focused on providing capital and strategic solutions to the mortgage banking and residential finance industry.
HousingWire Designates Jody Collup to its 2014 Influential Women in Housing List
LANSDALE, Pa., Nov. 18, 2014 (SEND2PRESS NEWSWIRE) -- Global DMS, a leading provider of Web-based compliant valuation management software, announced that its vice president of marketing, Jody Collup, has been named to HousingWire's 2014 Influential Women in Housing list.
New Changes to HUD Section 184 Native American Indian Home Loan Guarantee now will also allow for Refinance Transactions
DENVER, Colo., Nov. 14, 2014 (SEND2PRESS NEWSWIRE) -- Native Americans with a tribal enrollment card have been eligible for a specialized Home Loan Guarantee Program (HUD Section 184) since 1992 to assist in the purchase of a new home, says Morgan Pennington, a Section 184 Licensed Mortgage Consultant at Universal Lending Corporation. Beginning this year, there are some new changes went into place that will make it even more attractive to Native American Indian homeowners.
Bank of Southern California Acquires Frontier Bank, FSB dba El Paseo Bank
PALM DESERT, Calif., Nov. 7, 2014 (SEND2PRESS NEWSWIRE) -- Bank of Southern California, N.A. (OTC Markets FBBN / OTCMKTS:FBBN) announced today that it purchased substantially all the assets and liabilities of Frontier Bank, FSB dba El Paseo Bank through a purchase and assumption agreement with the FDIC.
IDS Creates Internal Team to Manage Mortgage Doc Prep System Integrations
SALT LAKE CITY, Utah, Nov. 6, 2014 (SEND2PRESS NEWSWIRE) -- Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it has created an internal team devoted solely to developing and maintaining integrations between its flagship document preparation system, idsDoc, and its third-party partners.
MCT Trading Wins Release of the Year Mortgage Technology Award
SAN DIEGO, Calif., Oct. 31, 2014 (SEND2PRESS NEWSWIRE) -- MCT Trading, Inc. (MCT), a recognized industry leader in risk management providing pipeline hedging, best-execution loan sales and centralized lock desk services, is pleased to announce that MCTlive!(TM), MCT's best-in-class secondary marketing software platform, has been selected as the winner of Mortgage Technology magazine's 2014 Release of the Year Award.
EPIC adds John Walsh as Executive Liability and Financial Lines Principal
SAN FRANCISCO, Calif., Oct, 21, 2014 (SEND2PRESS NEWSWIRE) -- EPIC (Edgewood Partners Insurance Center), a retail property, casualty insurance brokerage and employee benefits consultant, announced today that John Walsh has joined the firm as their Principal of Executive Liability and Financial Lines insurance. Walsh brings more than 10 years of Financial Lines Broking, Placement, Underwriting, Business Development, Client Service, Operations and Claims Management experience to EPIC.
The Compliance Group Taps Mortgage Quality Control, Operations Expert Jeremy Burcham as Chief Strategy Officer
CARLSBAD, Calif., Oct. 20, 2014 (SEND2PRESS NEWSWIRE) -- Leading mortgage compliance services provider The Compliance Group, Inc. (TCG) announced it has hired Jeremy Burcham as Chief Strategy Officer. Bringing nearly 14 years of quality control and operations experience, Burcham will be responsible for formulating, facilitating and communicating TCG's plans for the future. Burcham will also be working closely on product development and serving as a subject matter expert for sales and new technology initiatives.
Mark Gustafson Joins Bank of Southern California
PALM DESERT, Calif., Oct. 16, 2014 (SEND2PRESS NEWSWIRE) -- Bank of Southern California, N.A. (OTCMKTS:FBBN) today announced that seasoned community banker, Mark Gustafson has been appointed to lead the bank's Coachella Valley region. Mr. Gustafson most recently served as Market President for First California Bank which was sold and merged into Pacific Western Bank. He also served as President and CEO of Canyon National Bank, Ogden BancShares, Inc.
Global DMS Rolls Out ATOM, an Enhanced Mobile Application for Appraisers
LANSDALE, Pa., Oct. 14, 2014 (SEND2PRESS NEWSWIRE) -- Global DMS, a leading provider of Web-based compliant valuation management software, announced that it launched Appraisal Tracking On Mobile (ATOM), an application that arms appraisers with robust functionality, instant access to information, and communication capabilities that facilitates greater productivity in the field.
OpenClose Reports Banner Year, Adds Staff to Handle Increasing Demand for its End-to-End LOS Platform and Correspondent and Wholesale Solutions
WEST PALM BEACH, Fla., Oct. 14, 2014 (SEND2PRESS NEWSWIRE) -- OpenClose, an enterprise-class end-to-end loan origination system (LOS) provider, announced that it is adding technical staff to effectively manage a growing demand for its browser-based LOS platform, LenderAssist(TM), and accompanying solutions. Amid a down market, OpenClose is having its best revenue growth year in company history.
EPIC Names Insurance Veteran Peter Garvey as COO
SAN FRANCISCO, Calif., Oct. 9, 2014 (SEND2PRESS NEWSWIRE) -- EPIC (Edgewood Partners Insurance Center), a retail property, casualty insurance brokerage and employee benefits consultant, today announced the appointment of insurance industry veteran Peter Garvey as Chief Operating Officer (COO), a newly created position reporting to CEO John Hahn. Bringing EPIC nearly 35 years of insurance brokerage strategic operations, mergers and acquisitions, and executive leadership experience, Garvey will be chartered with further accelerating EPIC's growth momentum.