Tag: Banking and Finance
ARMCO Integrates Mortgage Quality Control Software with Verification Services from Kroll Factual Data
POMPANO BEACH, Fla., Oct. 7, 2014 (SEND2PRESS NEWSWIRE) -- ARMCO - ACES Risk Management, a leading provider of web-based audit technology for the financial services industry, has announced the seamless integration of its loan auditing platform with independent data verification services from Kroll Factual Data, a leading provider of credit, risk mitigation and third-party verification services to the mortgage industry.
IDS Mortgage Document Volume Indicates Spike in HELOCs in 2014
SALT LAKE CITY, Utah, Oct. 2, 2014 (SEND2PRESS NEWSWIRE) -- According to document volume data from mortgage document preparation vendor International Document Services, Inc. (IDS), home equity lines of credit (HELOCs) have increased significantly among IDS customers in 2014.
United Wholesale Mortgage Enhances its Exclusive Broker Tools
TROY, Mich., Sept. 30, 2014 (SEND2PRESS NEWSWIRE) -- United Wholesale Mortgage (UWM), one of the nation's largest and fastest growing wholesale mortgage lenders, announced that it has created a new Marketing Center and also completely reskinned its mobile app, UMobile.
Global DMS and Collateral Analytics Named Joint Finalists for Mortgage Technology Magazine’s Synergy Award
LANSDALE, Pa. and HONOLULU, Hawaii, Sept. 30, 2014 (SEND2PRESS NEWSWIRE) -- Global DMS, a leading provider of Web-based compliant valuation management software, and Collateral Analytics, a leading provider of real estate analytics and valuation products, announced that the two companies have been named finalists for Mortgage Technology magazine's annual Synergy Award.
MCT Trading Selected as Finalist for Mortgage Technology Magazine’s Release of the Year Award
SAN DIEGO, Calif., Sept. 30, 2014 (SEND2PRESS NEWSWIRE) -- MCT Trading, Inc. (MCT), a recognized leader in mortgage pipeline hedging, loan sale execution and risk management services, announced that it has been chosen by Mortgage Technology magazine as a finalist for the 2014 Release of the Year Award.
eValuation ZONE Introduces eVal Hybrid 1.0
CHICAGO, Ill., Sept. 23, 2014 (SEND2PRESS NEWSWIRE) -- National valuation services provider, eValuation ZONE, Inc., announced today the launch of their new USPAP compliant product eVal 1.0, a hybrid valuation report utilized for a variety of programs such as HELOCs, REOs, as well as purchases and refinances for non-agency and portfolio programs.
ReverseVision Launches Professional Services Division for Reverse Mortgage Lenders, Names Jeff Birdsell Vice President
SAN DIEGO, Calif., Sept. 18, 2014 (SEND2PRESS NEWSWIRE) -- ReverseVision, Inc. today announced the launch of their Professional Services division aimed at helping reverse mortgage lenders and brokers to be more successful.
Titan Lenders Corp. Educates Mortgage Lenders on CFPB’s ‘Mini-Correspondent’ Guidance
DENVER, Colo., Sept. 11, 2014 (SEND2PRESS NEWSWIRE) -- Mortgage fulfillment outsource services expert Titan Lenders Corp. (Titan) announced it will conduct a weekly webinar series designed to educate mini-correspondents on meeting Consumer Financial Protection Bureau (CFPB) requirements through general fulfillment.
ARMCO Pioneers Mortgage Industry Quality Control Benchmarking Solution
POMPANO BEACH, Fla., Sept. 4, 2014 (SEND2PRESS NEWSWIRE) -- ARMCO - ACES Risk Management, a leading provider of web-based audit technology for the financial services industry, has announced the launch of ACES Analytics(TM), a business intelligence tool that will, for the first time, allow mortgage professionals to benchmark quality control results against industry peers. The benchmarking service is now available to ARMCO clients and will be open to participation from all lenders by the fourth quarter of 2014.
HECM Reverse Mortgages Have Less Risk for Lenders says ReverseVision Board Member, Industry Expert Jeffrey Taylor
SAN DIEGO, Calif., Sept. 2, 2014 (SEND2PRESS NEWSWIRE) -- Mortgage lenders offering the HUD-insured Home Equity Conversion Mortgage (HECM) will find that originating reverse loans carries fewer risks than traditional mortgages. Recent HUD changes have made these loans even better suited to serve their intended purpose, according to reverse mortgage expert Jeffrey Taylor, a ReverseVision board member and president of Wendover Consulting.
IDS Launches Mortgage Compliance Resource Center for Doc Prep Clients
SALT LAKE CITY, Utah, Aug. 25, 2014 (SEND2PRESS NEWSWIRE) -- Mortgage document preparation vendor International Document Services, Inc. (IDS) announced it has launched a comprehensive 'Resources' website within its flagship doc prep system idsDoc. The main feature of the site, a compliance-focused blog authored by IDS Compliance Officer Jonathan Johnson, was made available to clients through the idsDoc doc prep platform on Aug. 8.
Reverse Mortgage Volumes Trend Up in Closed Loan Data, FHA Endorsements a Lagging Indicator, says ReverseVision’s Rob Katz
SAN DIEGO, Calif., Aug. 12, 2014 (SEND2PRESS NEWSWIRE) -- Contrary to what has been reported for the past six months, reverse mortgage originations have been trending up according to ReverseVision, the leading provider of reverse mortgage lending solutions. ReverseVision's RV Exchange (RVX) is the leading reverse loan origination system (RLOS) and lending system of record for the majority of reverse lenders.
IDS Passes SOC 2 Audit of Mortgage Doc Prep Services with No Exceptions
SALT LAKE CITY, Utah, Aug. 6, 2014 (SEND2PRESS NEWSWIRE) -- Mortgage document preparation vendor International Document Services, Inc. (IDS) announced it has passed its first Service Organization Control (SOC) 2SM audit with no exceptions. According to the American Institute of CPAs (AICPA), the organization that created the audit, SOC 2's purpose is to assess the 'controls at a service organization relevant to security, availability, processing integrity confidentiality, or privacy.'
ReverseVision Offers Free Online Course on HUD Mortgagee Letter Changes through RV University (RVU)
SAN DIEGO, Calif., July 23, 2014 (SEND2PRESS NEWSWIRE) -- ReverseVision, Inc., the leading provider of business solutions for the reverse mortgage industry is offering a free on-line class focused on changes announced by HUD in recent Mortgagee Letters 2014-07 and 2014-12 through its ReverseVision University (RVU).
CCMC Announces New Chief Financial Officer
ALTAMONTE SPRINGS, Fla., July 23, 2014 (SEND2PRESS NEWSWIRE) -- CCMC, the leading provider of financial technology integration solutions, announced the appointment of Matthew Borg as Chief Financial Officer. He will report to President and Chief Executive Officer Gene Lederer.
OpenClose LOS Establishes Secondary Marketing Transparency and Control Across all Lending Channels
WEST PALM BEACH, Fla., July 11, 2014 (SEND2PRESS NEWSWIRE) -- OpenClose, an enterprise-class end-to-end loan origination system (LOS) provider, announced that lenders are successfully using the secondary marketing component of its LOS, LenderAssist(TM), to deliver greater insight and control for secondary marketing departments.
PrimeLending Signs with Global DMS, Implements eTrac Valuation Management Solution
LANSDALE, Pa., June 24, 2014 (SEND2PRESS NEWSWIRE) -- Global DMS, a leading provider of Web-based compliant valuation management software, announced that PrimeLending, a national residential mortgage lender, successfully implemented its eTrac(R) valuation platform to compliantly automate the lender's entire appraisal process.
IDS Hires Compliance Officer Paul Morton to Assist in CFPB Mortgage Disclosure Implementation
SALT LAKE CITY, Utah, June 3, 2014 (SEND2PRESS NEWSWIRE) -- Mortgage document preparation vendor International Document Services, Inc. (IDS) announces it has expanded its compliance team with the addition of Paul Morton as compliance officer and assistant in-house counsel.
IDS Makes Fourth Appearance on Mortgage Technology’s Annual ‘Top 50 Service Provider’ List
SALT LAKE CITY, Utah, May 21, 2014 (SEND2PRESS NEWSWIRE) -- Mortgage document preparation vendor International Document Services, Inc. (IDS) announced it has made its fourth consecutive appearance on the Top 50 Service Providers list, issued by SourceMedia's Mortgage Technology magazine.
Riverview Financial Corporation Announces Second Quarter Cash Dividend
HALIFAX, Pa., May 16, 2014 (SEND2PRESS NEWSWIRE) -- Riverview Financial Corporation (OTCQB: RIVE) announced that on May 14, 2014 its Board of Directors declared the payment of a cash dividend of $0.14 per share for the second quarter 2014, an increase of 12 percent as compared with the $0.125 cash dividend paid for the second quarter of 2013. The dividend is payable on June 30, 2014 to all shareholders of record as of June 6, 2014.