SAN FRANCISCO, Calif., March, 31, 2015 (SEND2PRESS NEWSWIRE) — Protector Holdings, a joint venture of EPIC (Edgewood Partners Insurance Center) and Dowling Capital Partners, announced today the acquisition of Oasis South Insurance Services.
Archive | Mass Media News
Regent Education and N2N Partner to Streamline the Data Integration Process for Schools Implementing Regent 8
FREDERICK, Md., March 31, 2015 (SEND2PRESS NEWSWIRE) — Regent Education today announced a strategic partnership with N2N Services to streamline data integration processes and reduce the time needed to bring schools live on Regent’s industry-leading financial aid management solution, Regent 8. The partnership will leverage N2N’s integration cloud to create Student Information System (SIS) adapters […]
Pioneer Bank Data Breach Draws Weitz & Luxenberg Probe
NEW YORK, N.Y., March 30, 2015 (SEND2PRESS NEWSWIRE) — Weitz and Luxenberg, P.C. today announced it is investigating claims from customers of Pioneer Bank who suffered – or fear they soon will suffer – economic harm from a data breach made possible by the Jan. 26 theft of one of the Troy, New York-based financial […]
Emilio N. Francisco, PDC CEO, Announces Acquisition of EB-5 Regional Center
COSTA MESA, Calif., March 27, 2015 (SEND2PRESS NEWSWIRE) — Emilio N. Francisco, Chairman and Chief Executive Officer of private equity firm PDC Capital Group, announced the acquisition of ZGlobal Southern California EB-5 Investment Regional Center.
United Wholesale Mortgage Launches Freddie Mac’s Home Possible Mortgage Program
TROY, Mich., March 25, 2015 (SEND2PRESS NEWSWIRE) — United Wholesale Mortgage (UWM), one of the nation’s largest and fastest growing wholesale lenders, announced today the availability of Freddie Mac’s new Home Possible(R) Mortgage program, which enables first-time home buyers and low- to moderate-income borrowers to achieve home ownership with only a three percent down payment.
Emilio N. Francisco, PDC CEO, Announces Greater Scrutiny of EB-5 Investors
COSTA MESA, Calif., March 20, 2015 (SEND2PRESS NEWSWIRE) — Emilio N. Francisco, Chairman and Chief Executive Officer of private equity firm PDC Capital Group, announces a company-wide effort to increase scrutiny of potential investors it recruits for EB-5-funded projects.
IDS Achieves Record Annual Mortgage Initial Disclosure Fulfillment in 2014
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 […]
ReverseVision Named to HousingWire’s HW TECH100
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.
OpenClose Again Selected by HousingWire as a Top 100 Most Innovative Technology Company
WEST PALM BEACH, Fla., March 19, 2015 (SEND2PRESS NEWSWIRE) — OpenClose, an enterprise-class end-to-end loan origination system (LOS) provider, announced that it has been named to HousingWire magazine’s second annual HWTECH 100(TM) list for 2015. HW TECH100 honors the 100 most innovative technology companies serving the U.S. mortgage finance and real estate industries.
United Wholesale Mortgage Adds New ARM Product to its Exclusive Elite Program
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.
Brokers Gaining Market Share Again: 2015 is the Beginning of Broker Resurgence
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. – […]
DocMagic Named to HousingWire Magazine’s Annual HW TECH100 List
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.
Emilio N. Francisco, PDC Capital Group CEO, Announces Priority Hiring for Military Veterans
COSTA MESA, Calif., March 10, 2015 (SEND2PRESS NEWSWIRE) — Emilio N. Francisco, Chairman and Chief Executive Officer of private equity firm PDC Capital Group, announced that PDC will give priority to military veterans when recruiting new hires to one of its companies.
DocMagic Secures Exclusive Agreement with World Wide Notary, Inc. to Leverage eNotarization Technology for eClosings
TORRANCE, Calif., March 10, 2015 (SEND2PRESS NEWSWIRE) — DocMagic, Inc., the premier provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions, announced today that it formed an exclusive strategic alliance with World Wide Notary, Inc. (WWN), a pioneering developer of electronic notarization services. The partnership integrates WWN’s patent pending DigaSign eNotary technology into […]
HousingWire Magazine Designates Global DMS to its TECH100 List for the Second Year
LANSDALE, Pa., March 10, 2015 (SEND2PRESS NEWSWIRE) — Global DMS, a leading provider of web-based compliant valuation management software, announced that HousingWire magazine again named the company to its 2015 HW TECH100(TM) list. The list was officially introduced in 2014 and each year seeks to recognize the 100 most innovative technology firms in the U.S. […]
Worldwide Telecommunications Industry Revenue to hit $2.4 Trillion in 2020, says Insight Research
DURANGO, Colo., March 10, 2015 (SEND2PRESS NEWSWIRE) — Insight Research projects that telecommunications services revenue worldwide will grow from $2.2 trillion in 2015 to $2.4 trillion in 2019. Insight’s newly-released market analysis report, ‘The 2015 Telecommunications Industry Review: An Anthology of Market Facts and Forecasts’ includes regional and service forecasts, assessment of key growth drivers, […]
Veros Selected as HousingWire’s HW Tech100 ‘Market Influence’ Category Winner 2015
SANTA ANA, Calif., March 6, 2015 (SEND2PRESS NEWSWIRE) — Veros Real Estate Solutions (Veros), an award-winning industry leader in enterprise risk management, collateral valuation services and predictive analytics, announced today that it has been named the winner of the ‘Market Influence’ category in the 2015 edition of HousingWire’s HW TECH100(TM) list.
ReverseVision Releases Financial Assessment-Required Screens by Original HUD March 2 Deadline
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 […]
United Wholesale Mortgage Enhances Loan Tracking Technology
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 […]
Emilio N. Francisco, PDC CEO, Names Pat Brown as Project Manager for SummerPlace Development
COSTA MESA, Calif., Feb. 26, 2015 (SEND2PRESS NEWSWIRE) — Emilio N. Francisco, Chairman and Chief Executive Officer of private equity firm PDC Capital Group, announced that Pat Brown is joining senior housing real estate company SummerPlace Development as Project Manager overseeing the development of SummerPlace Assisted Living and Memory Care projects.
EPIC’s Tammy Mission Honored as a 2015 Insurance Industry Power Broker
SAN FRANCISCO, Calif., Feb. 26, 2015 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers and Consultants, a retail property and casualty insurance brokerage and employee benefits consultant, announced today that Tammy Mission has been recognized as a Power Broker and an Under-40 designee in the non-profit sector by Risk and Insurance Magazine. This is the second time […]
Mid America Mortgage Hires Joanna Shelton as Mortgage Compliance Manager
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 […]
ReverseVision on Track for Financial Assessment Changes Despite HUD Delay
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: […]
OpenClose Adds Industry Veteran Will Foy to its Growing Team of Technical Staff (*CORRECTED*)
WEST PALM BEACH, Fla., Feb. 24, 2015 (SEND2PRESS NEWSWIRE) — OpenClose, an enterprise-class end-to-end loan origination system (LOS) provider, announced that it hired Will Foy as integration manager. In this role, he will be responsible for client integrations, project management, quality assurance and testing, the application of agile technology methods, and business analysis and solution […]
Quandis Unveils QLS, a Comprehensive Default Management Platform
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 […]
ARMCO to Present QC Benchmarking Tool ACES Analytics at MBA Technology Conference’s First-Ever Tech Showcase
POMPANO BEACH, Fla., Feb. 18, 2015 (SEND2PRESS NEWSWIRE) — ACES Risk Management (ARMCO), a leading provider of web-based quality control software for the financial services industry, announced it has been selected to present during the inaugural ‘Technology Showcase. at the Mortgage Bankers Association’s (MBA’s) National Technology in Mortgage Banking Conference and Expo 2015 in Orlando.
ShortSave CEO Points Servicers to Borrower Self-Service Technology for CFPB Compliance
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.
MorVest Capital Says Recent Changes on FHA Loans Will Impact Mortgage Servicing Rights Fair Value
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.
Veros Real Estate Solutions Delivers First Direct Connection to FHA EAD Portal
SANTA ANA, Calif., Feb. 17, 2015 (SEND2PRESS NEWSWIRE) — Veros Real Estate Solutions (Veros), an award-winning industry leader in enterprise risk management, collateral valuation services and predictive analytics, announced today that lenders interested in utilizing FHA’s recently announced Electronic Appraisal Delivery (EAD) portal can achieve a direct connection for electronic appraisal submission through Veros’ PATHWAY.
DocMagic Integration Supports MERS eRegistry
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 […]
ReverseVision Taps Wendy Peel as VP of Sales/Marketing
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 […]
DocMagic Implements MISMO Version 3.3 in Support of the TILA-RESPA Integrated Disclosure Rule
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.
IDS Promotes Mark Mackey to CEO of Mortgage Doc Prep Firm
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.
Healthcare Insights Showcases #1 Software and New Range of Services at HFMA Dixie Institute
LIBERTYVILLE, Ill., Feb. 9, 2015 (SEND2PRESS NEWSWIRE) — Following its fourth consecutive ranking as #1 Category Leader for budgeting software and services in the annual Best in KLAS report, Healthcare Insights, LLC (HCI) will exhibit at the 2015 Healthcare Financial Management Association (HFMA) Dixie Institute in Charleston, S.C. The annual conference brings together hospital finance […]
Veros CEO Darius Bozorgi Speaking at 2015 ABS Vegas Conference
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 […]
Bank of Southern California Successfully Raises $7.2 Million in Capital
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.
ARMCO Adds Advanced Reporting Capabilities to Mortgage Quality Control Software Via Tableau
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.
Protector Holdings Acquires Peartree Insurance Services
SAN FRANCISCO, Calif., Feb. 4, 2015 (SEND2PRESS NEWSWIRE) — Protector Holdings, a joint venture of EPIC (Edgewood Partners Insurance Center) and Dowling Capital Partners, announced today the acquisition of Peartree Insurance Services.
Mortgage Machine Services Offers Source Code to LOS
ADDISON, Texas, Feb. 3, 2015 (SEND2PRESS NEWSWIRE) — Mortgage Machine Services (MMS), a leading provider of enterprise lending solutions, announced it will begin offering the source code to Mortgage Machine(TM), its flagship loan origination system (LOS), to the entire mortgage industry. Previously hosted as a SaaS solution for a select group of mortgage banks, Mortgage […]
Titan Doubles Down on Mortgage Quality Assurance Offerings for Investors, Servicers in 2014
DENVER, Colo., Feb. 3, 2015 (SEND2PRESS NEWSWIRE) — Mortgage services expert Titan Lenders Corp. (Titan) announced that 2014 was one of its most successful years to date for both Titan and its correspondent investment subsidiary Titan Capital Solutions (TCS).
National Mortgage Professional Magazine Names MCT’s Phil Rasori to its Annual Top 40 Under 40 List
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 […]
Texas A&M University-Commerce Selects Regent Education’s Financial Aid Management Solution, Regent 8
COMMERCE, Texas, Jan. 27, 2015 (SEND2PRESS NEWSWIRE) — Texas AandM University-Commerce has selected Regent Education’s financial aid management solution, Regent 8, to support the administration of financial aid for the state’s first competency-based degree offered by a public university. The program is entitled the Texas Affordable Baccalaureate.
United Wholesale Mortgage Unveils New, Feature Rich Loan Origination System for its Mortgage Partners
TROY, Mich., Jan. 26, 2015 (SEND2PRESS NEWSWIRE) — United Wholesale Mortgage (UWM), one of the nation’s largest and fastest growing wholesale lenders, announced today that it officially launched a completely new loan origination system (LOS) that is loaded with features and tools for brokers and correspondents. The proprietary technology replaces UWM’s previous LOS and offers […]
Donation Pages, Inc. Announces Launch of a New Political Fundraising Website
WASHINGTON, D.C., Jan. 22, 2015 (SEND2PRESS NEWSWIRE) — Donation Pages, Inc. (DPI) today announced the launch of its recently enhanced political fundraising website. The new platform incorporates unique technology to provide a web-based automated crowd fundraising capability with cloud storage specifically designed for the complexities of political and nonprofit fundraising and micro-targeting advocacy.
Titan Capital Solutions Purchasing ‘Scratch and Dent’ Mortgage Loans
DENVER, Colo., Jan. 22, 2015 (SEND2PRESS NEWSWIRE) — Titan Capital Solutions (TCS), a wholly-owned correspondent investment subsidiary of mortgage services provider Titan Lenders Corp., today announced it has begun purchasing lenders’ ‘scratch and dent’ production – loans rejected by the GSEs and private investors due to data, document and compliance errors with varying degrees of […]
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.
Healthcare Insights Introduces New Value Proposition at HFMA Region 11 Symposium
LIBERTYVILLE, Ill., Jan. 7, 2015 (SEND2PRESS NEWSWIRE) — Hundreds of hospital finance executives from Alaska, California, Hawaii, Nevada, Oregon, and Washington are convening in San Diego next week to discuss critical issues facing hospitals in the Western states and beyond. Among the exhibitors at the Healthcare Financial Management Association (HFMA) Region 11 Symposium and Trade […]
ARMCO Selects Phil McCall as Chief Operating Officer
POMPANO BEACH, Fla., Jan. 7, 2015 (SEND2PRESS NEWSWIRE) — ARMCO – ACES Risk Management, a leading provider of web-based audit technology for the financial services industry, has announced it has hired seasoned mortgage quality control expert Phil McCall as chief operating officer. McCall brings more than 20 years of experience in quality control, loan origination […]
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.
United Wholesale Mortgage Announces Conventional Financing up to 97 Percent LTV
TROY, Mich., Dec. 18, 2014 (SEND2PRESS NEWSWIRE) — United Wholesale Mortgage (UWM), one of the nation’s largest and fastest growing wholesale lenders, announced that it launched a product which offers conventional financing on up to 97 percent loan to value (LTV).
Philadelphia Business Journal Honors Jody Collup with Women of Distinction Award
LANSDALE, Pa., Dec. 16, 2014 (SEND2PRESS NEWSWIRE) — Global DMS, a leading provider of Web-based compliant valuation management software, announced that the Philadelphia Business Journal (PBJ) presented its vice president of marketing, Jody Collup, with the highly regarded Women of Distinction award.
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.
DocMagic Acquires Doc-Tech Corp., Further Establishing Market Dominance
TORRANCE, Calif., Dec. 9, 2014 (SEND2PRESS NEWSWIRE) — DocMagic, Inc., the premier provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions, announced today that it has acquired the assets of Doc-Tech Corporation, dba Document Express, a boutique document preparation company known for its exceptional customer service. The acquisition comes on the heels of […]
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 […]
Employers with 1099 Contractors Can Learn to Prepare for Workers Comp Claims
SAN DIEGO, Calif., Dec. 5, 2014 (SEND2PRESS NEWSWIRE) — We are all looking to operate as lean as possible and many employers turn to 1099 employees to reduce tax and insurance burden, says Jamie Reid, CEO of AccuSure. But a big question remains: if they file a work comp claim, would it be covered? Can […]
North Capital Investment Technology Closes $1 Million Seed Funding Round
SALT LAKE CITY, Utah, Dec. 3, 2014 (SEND2PRESS NEWSWIRE) — North Capital Investment Technology has closed its seed funding round of $1 million, attracting support from major institutional investors including JFO, Karlani Capital and Green Visor Capital.
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.
United Wholesale Mortgage Introduces Investor Edge Product
TROY, Mich., Dec. 2, 2014 (SEND2PRESS NEWSWIRE) — United Wholesale Mortgage (UWM), one of the nation’s largest and fastest growing wholesale lenders, announced that it rolled out a new product called Investor Edge, which is designed specifically for borrowers that are looking to purchase or refinance non-owner occupied investment properties.
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.
EPIC expands with the acquisition of Greyling Insurance Brokerage and Risk Consulting
SAN FRANCISCO, Calif., Nov. 24, 2014 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers and Consultants, a retail property and casualty insurance brokerage and employee benefits consultant, announced today it has acquired Greyling Insurance Brokerage and Risk Consulting, Inc., a specialty insurance broker and risk management consultant based in Atlanta, Ga., with locations in St. Louis, Mo. […]
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 […]
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, […]
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.
EPIC adds Karman Chan as Chief Financial Officer
SAN FRANCISCO, Calif., Nov. 7, 2014 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, announced today that Karman Chan has joined the firm as Chief Financial Officer (CFO) in San Francisco.
United Wholesale Mortgage Webinar to Offer Game-Changing Strategies to Increase Broker Business in 2015
TROY, Mich., Nov. 6, 2014 (SEND2PRESS NEWSWIRE) — United Wholesale Mortgage (UWM), one of the nation’s largest and fastest growing wholesale lenders, announced that it will be holding a webinar on game-changing strategies that brokers can utilize to generate more business in 2015. UWM’s president and CEO, Mat Ishbia, will personally be conducting the webinar.
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.
EPIC adds Sharon Rusconi as Vice President and Regional Surety Executive
SAN FRANCISCO, Calif., Nov. 5, 2014 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers and Consultants, a retail property and casualty insurance brokerage and employee benefits consultant, announced today that surety executive Sharon Rusconi and her team have joined the firm in Sacramento, Calif. Rusconi’s book of business and other assets were purchased by EPIC from Lesron […]
$30 Billion U.S. Telecommunications Private Line Services Market Starts to Decline, says Insight Research Corp.
DURANGO, Colo., Nov. 3, 2014 (SEND2PRESS NEWSWIRE) — The $30 billion U.S. private line services market has finally entered a period of no growth, says a market analysis study from Insight Research. Private line had always been a growth market for telcos and has been tracked by Insight for more than 18 years showing steadily […]
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 […]
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, […]
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 […]
UWM Named to HousingWire Magazine’s Inaugural HW Fast50 List
TROY, Mich., Oct. 16, 2014 (SEND2PRESS NEWSWIRE) — United Wholesale Mortgage (UWM), one of the nation’s largest and fastest growing wholesale lenders, announced that it earned a spot on HousingWire’s inaugural HW Fast50(TM) list. UWM is referred to on the list as United Shore, which is its parent company. The company’s growth was derived almost […]
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 […]
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 […]
EPIC Co-founder Dan Francis to Leave Firm
SAN FRANCISCO, Calif., Oct. 14, 2014 (SEND2PRESS NEWSWIRE) — EPIC (Edgewood Partners Insurance Center), a retail property, casualty insurance brokerage and employee benefits consultant, announced today that Co-founder and Executive Chairman Dan Francis has elected to leave the firm effective November 1, 2014.
EPIC adds Bill Cosgrove as Financial Institutions Practice Leader
SAN FRANCISCO, Calif., Oct. 13, 2014 (SEND2PRESS NEWSWIRE) — EPIC (Edgewood Partners Insurance Center), a retail property, casualty insurance brokerage and employee benefits consultant, announced today that William P. (Bill) Cosgrove has joined the firm as managing principal and Financial Institutions Practice leader. Cosgrove brings 28 years of insurance industry underwriting, production, marketing, client service, […]
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 […]
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 […]
United Wholesale Mortgage Named a Finalist for Mortgage Technology Magazine’s Online Originator Award
TROY, Mich., Oct. 7, 2014 (SEND2PRESS NEWSWIRE) — United Wholesale Mortgage (UWM), one of the nation’s largest and fastest growing wholesale lenders, announced that it has been selected as a finalist for Mortgage Technology magazine’s 2014 Online Originator Award.
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.
Sean Shannon Joins Wholesale Trading Co-Op in San Francisco
SAN FRANCISCO, Calif., Sept. 22, 2014 (SEND2PRESS NEWSWIRE) — Wholesale Trading Co-Op Insurance Services, LLC (WTCI) announced today that Sean Shannon has joined the firm’s property team as Vice President/Property Broker.
EPIC adds Multinational Placement Specialist Annette Shepherd in its Southeast Region
DULUTH, Ga., Sept. 22, 2014 (SEND2PRESS NEWSWIRE) — EPIC, a retail property, casualty insurance brokerage and employee benefits broker, announced today that it has added Annette Shepherd as a Multinational Placement Specialist and Account Executive on their risk management team in the Southeast. Shepherd brings over 30 years of insurance and risk management experience, including […]
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.
Karen Kutger Joins Wholesale Trading Co-Op in New Jersey
SAN FRANCISCO, Calif., Sept. 18, 2014 (SEND2PRESS NEWSWIRE) — Wholesale Trading Co-Op Insurance Services, LLC (WTCI) announced today that professional liability brokerage veteran Karen Kutger has joined the firm as Senior Vice President. Kutger joins WTCI from Howden Insurance Services, Inc. where she specialized in professional liability, management liability, cyber liability and related financial lines […]
The Pension Inspector Adds Free Multi Year Employer Filed Form 5500 and Tools to Track Plan Performance
NEW YORK, N.Y., Sept. 17, 2014 (SEND2PRESS NEWSWIRE) — National Retirement Programs, Inc., the sponsor of the Atprime Pension Inspector(TM) Suite, announces free 5 year downloads of actual Plan Sponsor Filed Form 5500 plus Yearly Plan Alerts, Plan Provision Descriptions, and Participant Classification Rosters.
ReverseVision named 2014 Lenders’ Choice Award Finalist by Mortgage Technology magazine
SAN DIEGO, Calif., Sept. 16, 2014 (SEND2PRESS NEWSWIRE) — ReverseVision is proud to announce it has been named a finalist for the 2014 Lenders’ Choice Award by Mortgage Technology magazine. ReverseVision is the leading provider of business solutions for the reverse industry offering such products as RV Exchange (RVX).
United Wholesale Mortgage Promotes Laura Lawson to Chief People Officer
TROY, Mich., Sept. 16, 2014 (SEND2PRESS NEWSWIRE) — United Wholesale Mortgage (UWM), one of the largest and fastest wholesale mortgage lenders in the nation, announced that Laura Lawson has been promoted to the newly created position of chief people officer (CPO). Previously, Lawson served as senior vice president of marketing where she was responsible for […]
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.
Protector Holdings Acquires SavePro Insurance Solutions
SAN FRANCISCO, Calif., Sept. 8, 2014 (SEND2PRESS NEWSWIRE) — Protector Holdings, LLC, a joint venture of EPIC (Edgewood Partners Insurance Center) and Dowling Capital Partners, announced today the acquisition of Northern California’s SavePro Insurance Solutions.
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 […]
U.S. Department of Justice (DOJ) Awards iFOS $3 Million Contract
COLUMBIA, Md., Sept. 3, 2014 (SEND2PRESS NEWSWIRE) — iFOS today announced it has received award notification to provide Administrative, Budget and Program Support Services for anti-violence programs at the United States Department of Justice, Office on Violence Against Women (OVW). The contract is a firm fixed price contract with a five-year performance period.
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 […]