Articles tagged with: Banking and Finance

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Guaranty Trust Selects IDS as Initial Disclosures, Closing Docs Provider

SALT LAKE CITY, Utah (SEND2PRESS NEWSWIRE) — International Document Services (IDS), a mortgage document preparation vendor, has been selected to provide closing documents and initial disclosures for Guaranty Trust Company, a full service mortgage company based in Murfreesboro, Tenn.

Loan Origination and Operations Training Top Mortgage Lender Concerns at Annual DMD Client Conference

SAN DIEGO, Calif. (SEND2PRESS NEWSWIRE) — Nearly 120 mortgage lenders attending the Del Mar DataTrac, Inc. (DMD) annual client conference earlier this month cited the growing need for comprehensive training in light of regulatory changes, new standards for loan quality and compliance, and the need to improve profitability in a low volume marketplace. DMD is the leading provider of affordable end-to-end mortgage lending automation solutions, and an industry pioneer in paperless lending and loan process workflow tools.

Ecologic Leasing Services Launches Two Subsidiaries

GREAT FALLS, Va. (SEND2PRESS NEWSWIRE) — Ecologic Leasing Services, a global provider of outsourcing, software, and capital sourcing services to both equipment lessees and vendor captive lessors, today announced the launch of two subsidiaries, Ecologic Lessee Services and Ecologic Vendor Services.

Mortgage Capital Trading Celebrates Ten-Year Anniversary

SAN DIEGO, Calif. (SEND2PRESS NEWSWIRE) — MCT Trading, Inc. (MCT), a recognized leader in hedging and risk management services, announced the celebration of its of tenth anniversary in business. The company was founded in May of 2001 and has remained dedicated to the mortgage banking industry since its inception.

Quandis Introduces Military Search Solution for the Servicing and Foreclosure Process

FOOTHILL RANCH, Calif. (SEND2PRESS NEWSWIRE) — Quandis, Inc., a provider of default management technology solutions, announced it has launched a service that automates searches on loan portfolios to determine if borrowers are active military personnel. The service reduces the risk of compliance issues in the default collection, loss mitigation and foreclosure processes.

False Suspects ‘Bite the Dust’ as CONIX’s X9 Inspector Tracks and Filters Re-presentments, Advancing Payments Processing Productivity

MANCHESTER, Vt. (SEND2PRESS NEWSWIRE) — CONIX Systems, Inc., (CONIX) announces the availability of its Dupe Detective X9 Inspector feature, providing banks and payments processing providers a proven duplicate detection solution that eliminates the most common source of false suspects. X9 Inspector enables payments processing operations to minimize the number of payments falsely identified as duplicate suspects.

Cendera Funding Selects Web-enabled DataTrac Originator to Replace Point-of-Sale Technology

SAN DIEGO, Calif. (SEND2PRESS NEWSWIRE) — Del Mar DataTrac, Inc., the leading provider of affordable end-to-end mortgage lending automation solutions, and an industry pioneer in, paperless lending and loan process workflow tools, has signed Fort Worth, Texas-based Cendera Funding for its DataTrac Originator point-of-sale solution.

DocMagic Chief Compliance Officer to Speak on Regulatory Panel Session

CARSON, Calif. (SEND2PRESS NEWSWIRE) — DocMagic, Inc., the mortgage industry’s leading provider of loan document and automated compliance solutions, announced that its chief legal officer, Melanie Feliciano, will speak on a panel session that addresses various mortgage compliance trends and changes. The panel is being held at the 4th Annual Avista Solutions Customer Conference on May 10 in Charleston, South Carolina.

OpenCuro will debut at FinovateSpring 2011

SAN FRANCISCO, Calif. (SEND2PRESS NEWSWIRE) — OpenCuro, a San Francisco-based online payment start-up, today announced that it will debut its new payment system at FinovateSpring 2011 on May 11th in San Francisco. Finovate is the conference that showcases groundbreaking innovations in financial and banking technology from both established industry leaders and up and coming start-ups like OpenCuro.

International Document Services Adds Broker Anti-Steering Loan Option Disclosure to idsDoc Mortgage Document Preparation System

SALT LAKE CITY, Utah (SEND2PRESS NEWSWIRE) — In response to the changes to loan originator compensation issued by the Federal Reserve Board, International Document Services (IDS), a mortgage document preparation vendor, has provided its wholesale customers with a Broker Anti-Steering Loan Option Disclosure within in the idsDoc system so that brokers can certify that they have provided the borrower with the necessary information to achieve safe harbor under the changes to Regulation Z 226.36(e).

Sports Group Endorses Grass-roots American Values Organizations

WALL, N.J. (SEND2PRESS NEWSWIRE) — David Walker, former Comptroller General of the United States, will team up with market commentator Peter Grandich and his Trinity Financial Sports & Entertainment Management Co. to promote The Comeback America Initiative (CAI) and No Labels – organizations, both of which Walker is a founder, aimed at helping bring America back to the common sense principles upon which our country was founded.

RobotDough Debuts at FinovateSpring 2011

LOS ANGELES, Calif. (SEND2PRESS NEWSWIRE) — RobotDough Software Corporation has been selected to unveil its new online stock market analytical toolset at FinovateSpring 2011, the high-profile banking technology conference, on, May 11, 2011 in San Francisco. FinovateSpring is designed to showcase the most innovative new financial technology products and ideas from established industry leaders, as well as cutting-edge innovators like RobotDough.

Titan Lenders Corp Offers RESPA Compliance GFE/HUD-1 Webinar Series

DENVER, Colo. (SEND2PRESS NEWSWIRE) — Mortgage fulfillment outsource services expert Titan Lenders Corp is conducting a Webinar series focused on real world application of RESPA changes to the GFE and HUD-1. Beginning March 9, the Webinar will be held bi-monthly on Tuesdays at 1 p.m. EST/EDT (subsequent Webinars are scheduled for March 23, April 6 and April 20). Titan’s RESPA compliance training has been developed from the operations perspective for working with GFE and HUD-1 borrower disclosures.

CONIX Systems Unveils Day 1 Exceptions Processing Solution at BAI Payments Connect

ORLANDO, Fla. (SEND2PRESS NEWSWIRE) — CONIX Systems, a leading international provider of payment processing solutions to the financial services industry and a pioneer in the creation of post-Check 21 exceptions management tools, will showcase Xcept, its Day 1 exceptions processing solutions, at the BAI Payments Connect Conference in Kissimmee, Fla., March 1-3 (booth 604).

Inlanta Mortgage Selects IDS idsDoc Document Preparation Solution

SALT LAKE CITY, Utah (SEND2PRESS NEWSWIRE) — Inlanta Mortgage recently chose International Document Services (IDS) to produce closing documents and provide initial disclosure services for its nine-state mortgage banking business. With 25 branches and more than 135 employees in Wisconsin, Illinois, Indiana, Iowa, Florida, Michigan, Minnesota, Missouri and North Dakota, the Waukesha, Wis.-based lender had $550 million in 2009 loan volume.

Predicted 2010 Credit Squeeze Means More Business Cash Advances

CORAL SPRINGS, Fla. (SEND2PRESS NEWSWIRE) — With forecasters predicting another tight credit market in 2010, business owners are learning the new realities of small business financing. They will pursue every option they can, even methods they wouldn’t have considered a few years ago, says BusinessCashAdvance.

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