Articles tagged with: Banking and Finance

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Brand Mortgage Implements Del Mar DataTrac Lending System

SAN DIEGO, Calif. (SEND2PRESS NEWSWIRE) — Brand Mortgage, the residential lending unit of metro Atlanta, Georgia-based community bank Brand Bank, has implemented a mortgage lending platform by Del Mar DataTrac (DMD), the leading provider of affordable loan automation solutions for mortgage lenders, banks and credit unions. Founded in Gwinnett County in 1905, Brand Bank launched Brand Mortgage in 2006 to meet home financing demand in its growing region, and today is a licensed lender in 17 states.

Capital Markets Cooperative Brings More Value to its Clients with Addition of IDS, Inc.

PONTE VEDRA BEACH, Fla. (SEND2PRESS NEWSWIRE) — Capital Markets Cooperative has added IDS, Inc., to its list of preferred service providers. This relationship will bring the cooperative membership greater benefits when contracting with IDS for its state-of-the-art document preparation technology. Similarly, CMC will provide best-in-class secondary marketing solutions to those banks, credit unions, and independent mortgage companies operating on the IDS platform.

mXpo.net 2009 Virtual Mortgage Tradeshow Adds Del Mar DataTrac, MortgageDashboard, RateAlert, and vLender – Registers 1,200 Attendees

AVENTURA, Fla. (SEND2PRESS NEWSWIRE) — mXpo.net 2009 Virtual Mortgage Tradeshow, the first mortgage industry-sponsored virtual tradeshow, conference and educational content event being held October 7 – 8, continues to add exhibitors including Del Mar DataTrac, MortgageDashboard, RateAlert and vLender, and has registered more than 1,200 attendees.

Titan Lenders Corp Adds Vincent Barbour as Director of Capital Strategy and Business Development

DENVER, Colo. (SEND2PRESS NEWSWIRE) — Titan Lenders Corp (TLC) has added Vincent Barbour as director of capital strategy consulting for independent mortgage lenders, community banks and investment capital. In this capacity, Barbour will work with mortgage lenders and warehouse providers to secure additional funding capacity by identifying funding sources, preparing credit and collateral packages, evaluating back office operations and securing new credit facility offers.

Titan Lenders Corp Adds William Null for Community Banking Outsource Services Business Development

DENVER, Colo. (SEND2PRESS NEWSWIRE) — Titan Lenders Corp (TLC) has added William Null as director of business development for community banking focused on a variety of back office mortgage fulfillment services specifically directed to service the needs of community banks and credit unions. Null, a 28 year mortgage and banking veteran, has held executive roles in mortgage lending operations.

Del Mar DataTrac adds Mortgage Lending Expert Mark Todd as DMD Product Line Manager

SAN DIEGO, Calif. (SEND2PRESS NEWSWIRE) — Del Mar DataTrac (DMD), the leading provider of affordable loan automation solutions for mortgage lenders, banks and credit unions, has tapped mortgage lending veteran Mark Todd as a DMD Product Line Manager. Todd has more than 18 years’ mortgage lending management experience, including nearly a decade at the C-level. For more than five years he was co-owner and COO of a mortgage lender producing in excess of $2 billion annually.

myEnergyLoan Sponsors mXpo.net 2009 Virtual Mortgage Tradeshow to Promote Green Residential Lending Alternatives

AVENTURA, Fla. (SEND2PRESS NEWSWIRE) — Green residential mortgage lending network myEnergyLoan founder and president Jeff Cole will present ‘Green Lending – Financing the Shift’ as a sponsor of mXpo.net 2009 Virtual Mortgage Tradeshow on October 8, 2009. mXpo.net is the first mortgage industry-sponsored virtual tradeshow, conference and educational content event being conducted October 7 – 8, just days before the Mortgage Bankers Association (MBA) annual conference.

McMonigle Finance Outsources Back Office Operation with Titan Lenders Corp

DENVER, Colo. (SEND2PRESS NEWSWIRE) — McMonigle Finance, Inc., the wholesale lending arm of McMonigle Financial Group of Newport Beach, CA, has selected Titan Lenders Corp to provide back office mortgage services for its trust deed lending model. McMonigle Finance invests in first position trust deeds through its MFG Secured Income Fund I, LLC. Traditionally a highly fractionalized and subjective type of business, individual trust deed lending typically attracts a select group of high net worth individuals difficult to ascertain by mortgage brokers.

1st Advantage Mortgage, DocuTech, Del Mar DataTrac Named Mortgage Technology’s Synergy Award Finalists

SAN DIEGO, Calif. (SEND2PRESS NEWSWIRE) — 1st Advantage Mortgage, DocuTech and Del Mar DataTrac (DMD) have been named Mortgage Technology magazine’s Synergy Award finalists, recognizing ‘technology initiatives and alliances that show exemplary interoperability in a production setting to advance the cause of automation and e-commerce,’ according to DMD.

MBA Research Executive Mike Fratantoni to deliver mXpo.net 2009 Keynote: ‘State of Housing Market and Macro-Economic Forecast’

AVENTURA, Fla. (SEND2PRESS NEWSWIRE) — mXpo.net 2009 Virtual Mortgage Trade Show, the mortgage industry-sponsored virtual trade show, conference, job fair and educational content platform flagship event on October 7 – 8 is honored that Mortgage Bankers Association (MBA) Vice President Of Single Family Research And Policy Development Mike Fratantoni will deliver the keynote presentation at 1:00 ET on Wednesday, October 7.

Mortgage Banking Systems Releases ProClose Loan Closing Documents with Dynamic Signature Lines

MCLEAN, Va. (SEND2PRESS NEWSWIRE) — Mortgage Banking Systems, Inc. (MBS), a leading mortgage closing software and technology company, is solving an industry-wide problem for lenders with the release of its most recent innovation to ProClose: Dynamic Signature Technology (DST). Until now, signature lines on mortgage closing documents have been fixed or static. The limitations were painful when signature requirements exceeded the space available, as in a Trust or Power of Attorney.

BankForeclosuresSale.com Closely Analyzes Foreclosure Filings in 2009

SAN FRANCISCO, Calif. (SEND2PRESS NEWSWIRE) — More than midway through 2009, BankForeclosuresSale reports that foreclosure filings are in the millions. When July 2008 foreclosure numbers are compared to July 2009, there is an increase of nearly 32 percent in foreclosure filings. And to date, Bank Foreclosures Sale reports that more than half of that activity has been reported in Nevada, California, Arizona and Florida.

Mortgage Technology Magazine Lists Titan Lenders Corp as Top 50 Service Provider for Mortgage Lenders

DENVER, Colo. (SEND2PRESS NEWSWIRE) — Titan Lenders Corp, an outsource services provider for mortgage lenders and their warehouse line providers has been named a 2009 Top 50 Service Provider by Mortgage Technology magazine. Titan Lenders Corp is one of a specialized few providers of mortgage back office fulfillment services.

Financial Foundation Group – Picking Up the Pieces Financially and Environmentally

DENVER, Colo. (SEND2PRESS NEWSWIRE) — The first half of 2009 has been an exciting and rewarding year for the representatives of the Financial Foundation Group, also known as FFG. The Financial Foundation Group continues to grow at a very fast pace. As a company, FFG is committed to their employees and the community which helps bring them success. Giving back and creating a team environment outside the office is something that they pride themselves upon.

Taycor Allocates $45 Million For Unique Medical Equipment Financing Vendor Program

LOS ANGELES, Calif. (SEND2PRESS NEWSWIRE) — Taycor Financial and its affiliates have allocated $45 million for vendors of medical equipment and dental equipment. Device manufacturers and distributors can now offer direct financing to their buyers through custom private-label financing programs which are specifically tailored to each vendor’s profile.

Community Banks Accelerate Residential Real Estate Recovery by Offering Mortgage Warehouse Lending to Local Mortgage Bankers

DENVER, Colo. (SEND2PRESS NEWSWIRE) — Community banks that add mortgage warehouse lending to their commercial lending services not only make it possible for local mortgage businesses to operate, but they also play a role in stimulating local economies by energizing real estate markets, according to Titan Lenders Corp, an outsource services provider for mortgage lenders and their warehouse line providers.

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